Cowal Property
Executive Summary
Executive Summary (overview)
- One-paragraph overview tied to the latest reported drilling results date.
- Estimated probability of advancing to a formal resource.
- Typical ranges for grade, tonnage, mine life, and method mix.
- Cost structure summary and where the project ranks vs peers.
Regional Copper Potential
Cowal is located in Australia, Oceania. The surrounding region has historically demonstrated a very high potential for copper endowment and is very proximal to other copper properties. Physical setting (moderate elevation, moderate relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, under moderately thick lithosphere with very thin sedimentary cover in a Paleozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Copper) average very low grade, very long, and very deep. The most recent intercepts are benchmarked against a global copper database.
Date | Intercept (Copper) | Grade | Length | Depth |
---|---|---|---|---|
2022-12-07 | 0.05 g/t Copper over 37.0 m from 95.0 m | Low Grade | Very Thick | Moderate Depth |
2022-12-07 | 0.07 g/t Copper over 35.0 m from 82.0 m | Low Grade | Very Thick | Moderate Depth |
2022-12-07 | 0.04 g/t Copper over 15.0 m from 105.0 m | Low Grade | Very Thick | Moderate Depth |
2022-12-07 | 0.06 g/t Copper over 15.0 m from 95.0 m | Low Grade | Very Thick | Moderate Depth |
2022-12-07 | 0.05 g/t Copper over 18.0 m from 70.0 m | Low Grade | Very Thick | Moderate Depth |
2022-12-07 | 0.08 g/t Copper over 8.0 m from 114.0 m | Low Grade | Very Thick | Moderate Depth |
2022-12-07 | 0.07 g/t Copper over 28.0 m from 96.0 m | Low Grade | Very Thick | Moderate Depth |
2022-12-07 | 0.06 g/t Copper over 38.0 m from 102.0 m | Low Grade | Very Thick | Moderate Depth |
Resource Potential
Resource Potential (overview)
- Probability estimate of advancing to a formal resource.
- Typical ranges for grade and tonnage with p50 markers.
- Side-by-side histograms vs. a global reference dataset.
- Plain-English guidance on how to interpret uncertainty.
Economic Potential
Economic Potential
- Distribution of NPV across 1,000 discounted cash-flow simulations.
- Expected NPV value with context vs. drill-stage peers.
- Discussion of spread, skew, and scenario tails (upside/downside).
- Explicit assumptions shown for discount rate and commodity price.
Assumption Distributions
Assumption Distributions
- Reserve conversion and mine life distributions.
- Recovery, processing costs, and waste:ore ratio ranges.
- Capex/offsite opex, average production rate, and other drivers.