Ike 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
Ike is located in Canada, North 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, moderate relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic rocks, under moderately thick lithosphere with thin 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 high grade, very long, and deep. The most recent intercepts are benchmarked against a global copper database.
Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
---|---|---|---|---|
2025-05-14 | 0.24 g/t Copper Equivalent over 28.7 m from 79.9 m | Moderate Grade | Very Thick | Moderate Depth |
2025-05-14 | 1.02 g/t Copper Equivalent over 30.2 m from 88.7 m | Moderate Grade | Very Thick | Moderate Depth |
2025-05-14 | 1.55 g/t Copper Equivalent over 7.0 m from 126.8 m | High Grade | Very Thick | Moderate Depth |
2025-05-14 | 1.11 g/t Copper Equivalent over 78.0 m from 111.0 m | Moderate Grade | Very Thick | Moderate Depth |
2025-05-14 | 0.78 g/t Copper Equivalent over 138.5 m from 72.0 m | Moderate Grade | Very Thick | Moderate Depth |
2025-05-14 | 0.66 g/t Copper Equivalent over 180.5 m from 30.0 m | Moderate Grade | Very Thick | Shallow |
2025-05-14 | 0.32 g/t Copper Equivalent over 18.0 m from 6.0 m | Moderate Grade | Very Thick | Very Shallow |
2025-05-14 | 0.54 g/t Copper Equivalent over 9.2 m from 51.5 m | Moderate Grade | Very Thick | Moderate Depth |
2025-05-14 | 0.28 g/t Copper Equivalent over 54.6 m from 6.1 m | Moderate Grade | Very Thick | Very Shallow |
2025-05-14 | 0.84 g/t Copper Equivalent over 31.4 m from 126.8 m | Moderate Grade | Very Thick | Moderate Depth |
2025-05-14 | 0.70 g/t Copper Equivalent over 50.0 m from 108.2 m | Moderate Grade | Very Thick | Moderate Depth |
2025-05-14 | 0.74 g/t Copper Equivalent over 68.3 m from 123.0 m | Moderate Grade | Very Thick | Moderate Depth |
2025-05-14 | 0.50 g/t Copper Equivalent over 10.1 m from 75.0 m | Moderate Grade | Very Thick | Moderate Depth |
2025-05-14 | 0.35 g/t Copper Equivalent over 102.1 m from 189.0 m | Moderate Grade | Very Thick | Moderate Depth |
2025-05-14 | 0.57 g/t Copper Equivalent over 27.1 m from 157.0 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.