Cross Hills 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
Cross Hills is located in Canada, North America. The surrounding region has historically demonstrated a high potential for copper endowment and is proximal to other copper properties. Physical setting (moderate elevation, moderate relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, under thin lithosphere with moderately thick sedimentary cover in a Paleozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Copper Equivalent) average very high grade, short, and deep. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2024-10-11 | 0.17 g/t Copper Equivalent over 4.9 m from 138.1 m | Low Grade | Thick | Moderate Depth |
| 2024-10-11 | 0.49 g/t Copper Equivalent over 0.5 m from 236.6 m | Moderate Grade | Very Thin | Moderate Depth |
| 2024-10-11 | 0.27 g/t Copper Equivalent over 9.0 m from 205.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-10-11 | 0.15 g/t Copper Equivalent over 8.0 m from 33.0 m | Low Grade | Very Thick | Shallow |
| 2024-10-11 | 0.13 g/t Copper Equivalent over 0.4 m from 202.5 m | Low Grade | Very Thin | Moderate Depth |
| 2024-10-11 | 0.17 g/t Copper Equivalent over 4.4 m from 213.9 m | Low Grade | Thick | Moderate Depth |
| 2024-10-11 | 0.10 g/t Copper Equivalent over 19.2 m from 199.6 m | Low Grade | Very Thick | Moderate Depth |
| 2024-10-11 | 0.19 g/t Copper Equivalent over 2.4 m from 199.6 m | Low Grade | Thick | Moderate Depth |
| 2024-10-11 | 0.22 g/t Copper Equivalent over 11.5 m from 203.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2024-10-11 | 0.44 g/t Copper Equivalent over 3.5 m from 210.5 m | Moderate Grade | Thick | Moderate Depth |
| 2019-06-03 | 0.09 g/t Copper Equivalent over 0.5 m from 171.5 m | Low Grade | Very Thin | Moderate Depth |
| 2019-06-03 | 0.94 g/t Copper Equivalent over 0.7 m from 170.8 m | Moderate Grade | Thin | Moderate Depth |
| 2019-06-03 | 0.24 g/t Copper Equivalent over 1.6 m from 18.8 m | Moderate Grade | Moderate Thickness | Shallow |
| 2019-06-03 | 0.95 g/t Copper Equivalent over 1.4 m from 26.3 m | Moderate Grade | Moderate Thickness | Shallow |
| 2019-06-03 | 0.68 g/t Copper Equivalent over 2.1 m from 26.3 m | Moderate Grade | Thick | Shallow |
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.