Pan De Azucar 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
Pan De Azucar is located in Philippines, Asia. The surrounding region has historically demonstrated a moderate potential for copper endowment and is moderately proximal to other copper properties. Physical setting (very low elevation, low relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic rocks, under very thin lithosphere with moderately thick sedimentary cover in a Meso- and Cenozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Copper Equivalent) average very high grade, very long, and very shallow. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2011-08-23 | 0.74 g/t Copper Equivalent over 39.5 m from 15.7 m | Moderate Grade | Very Thick | Very Shallow |
| 2011-08-23 | 1.21 g/t Copper Equivalent over 38.5 m from 14.7 m | High Grade | Very Thick | Very Shallow |
| 2011-07-20 | 0.33 g/t Copper Equivalent over 37.3 m from 81.7 m | Moderate Grade | Very Thick | Moderate Depth |
| 2011-07-20 | 2.37 g/t Copper Equivalent over 54.8 m from 20.8 m | High Grade | Very Thick | Shallow |
| 2011-07-20 | 4.41 g/t Copper Equivalent over 14.0 m from 20.8 m | High Grade | Very Thick | Shallow |
| 2011-07-20 | 8.10 g/t Copper Equivalent over 3.9 m from 9.2 m | Very High Grade | Thick | Very Shallow |
| 2011-07-20 | 1.07 g/t Copper Equivalent over 0.9 m from 150.1 m | Moderate Grade | Thin | Moderate Depth |
| 2011-07-20 | 0.31 g/t Copper Equivalent over 4.7 m from 146.3 m | Moderate Grade | Thick | Moderate Depth |
| 2011-07-20 | 0.35 g/t Copper Equivalent over 2.2 m from 93.8 m | Moderate Grade | Thick | Moderate Depth |
| 2011-07-20 | 0.88 g/t Copper Equivalent over 47.5 m from 38.1 m | Moderate Grade | Very Thick | Shallow |
| 2011-07-20 | 3.50 g/t Copper Equivalent over 13.0 m from 10.0 m | High Grade | Very Thick | Very Shallow |
| 2011-05-16 | 0.95 g/t Copper Equivalent over 60.1 m from 27.0 m | Moderate Grade | Very Thick | Shallow |
| 2011-05-16 | 1.74 g/t Copper Equivalent over 16.9 m from 23.1 m | High Grade | Very Thick | Shallow |
| 2011-05-16 | 1.19 g/t Copper Equivalent over 76.0 m from 11.1 m | Moderate Grade | Very Thick | Very Shallow |
| 2011-05-16 | 2.50 g/t Copper Equivalent over 8.8 m from 11.1 m | High Grade | Very Thick | Very 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.