Flor De Cobre 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
Flor De Cobre is located in Peru, South America. The surrounding region has historically demonstrated a very high potential for copper endowment and is very proximal to other copper properties. Physical setting (very high elevation, very high relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Acid plutonic rocks, under moderately thick 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 moderate grade, very long, and moderate depth. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2022-09-07 | 0.58 g/t Copper Equivalent over 329.4 m from 183.1 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-09-07 | 0.53 g/t Copper Equivalent over 393.1 m from 79.9 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-09-07 | 0.83 g/t Copper Equivalent over 152.1 m from 79.9 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-09-07 | 0.35 g/t Copper Equivalent over 10.0 m from 6.4 m | Moderate Grade | Very Thick | Very Shallow |
| 2022-09-07 | 0.56 g/t Copper Equivalent over 22.4 m from 382.9 m | Moderate Grade | Very Thick | Deep |
| 2022-09-07 | 0.48 g/t Copper Equivalent over 99.6 m from 379.5 m | Moderate Grade | Very Thick | Deep |
| 2022-09-07 | 0.39 g/t Copper Equivalent over 229.3 m from 283.2 m | Moderate Grade | Very Thick | Deep |
| 2022-09-07 | 1.01 g/t Copper Equivalent over 100.1 m from 183.1 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-09-07 | 0.31 g/t Copper Equivalent over 71.0 m from 151.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-09-07 | 0.41 g/t Copper Equivalent over 135.4 m from 86.5 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-09-07 | 0.53 g/t Copper Equivalent over 64.5 m from 86.5 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-09-07 | 0.33 g/t Copper Equivalent over 241.0 m from 232.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-07-06 | 0.28 g/t Copper Equivalent over 67.5 m from 92.5 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-07-06 | 0.21 g/t Copper Equivalent over 50.0 m from 110.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-07-06 | 0.93 g/t Copper Equivalent over 19.5 m from 114.5 m | Moderate 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.