Block 4 Sohar 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
Block 4 Sohar is located in Oman, Asia. The surrounding region has historically demonstrated a very high potential for copper endowment and is moderately proximal to other copper properties. Physical setting (low elevation, high relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic plutonic rocks, under moderately thick lithosphere with moderately thick sedimentary cover in a Meso- and Cenozoic Basin tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Copper Equivalent) average very high grade, long, and very deep. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2017-02-28 | 4.48 g/t Copper Equivalent over 6.1 m from 72.9 m | Very High Grade | Thick | Moderate Depth |
| 2016-10-31 | 5.36 g/t Copper Equivalent over 1.0 m from 62.1 m | Very High Grade | Thin | Moderate Depth |
| 2016-10-31 | 4.19 g/t Copper Equivalent over 2.0 m from 108.0 m | High Grade | Moderate Thickness | Moderate Depth |
| 2016-10-31 | 6.96 g/t Copper Equivalent over 47.0 m from 52.0 m | Very High Grade | Very Thick | Moderate Depth |
| 2016-10-31 | 6.97 g/t Copper Equivalent over 13.6 m from 84.5 m | Very High Grade | Very Thick | Moderate Depth |
| 2016-10-31 | 7.26 g/t Copper Equivalent over 19.8 m from 65.2 m | Very High Grade | Very Thick | Moderate Depth |
| 2016-10-31 | 4.64 g/t Copper Equivalent over 15.2 m from 62.5 m | Very High Grade | Very Thick | Moderate Depth |
| 2016-10-31 | 7.17 g/t Copper Equivalent over 1.9 m from 57.5 m | Very High Grade | Moderate Thickness | Moderate Depth |
| 2016-10-31 | 11.83 g/t Copper Equivalent over 10.0 m from 35.0 m | Very High Grade | Very Thick | Shallow |
| 2016-10-31 | 5.45 g/t Copper Equivalent over 67.4 m from 18.6 m | Very High Grade | Very Thick | Shallow |
| 2016-10-31 | 9.62 g/t Copper Equivalent over 35.4 m from 18.6 m | Very High Grade | Very Thick | Shallow |
| 2016-10-31 | 15.52 g/t Copper Equivalent over 5.8 m from 18.2 m | Very High Grade | Thick | Shallow |
| 2016-10-31 | 33.01 g/t Copper Equivalent over 1.8 m from 18.2 m | Very High Grade | Moderate Thickness | Shallow |
| 2016-10-31 | 3.82 g/t Copper Equivalent over 2.2 m from 80.7 m | High Grade | Thick | Moderate Depth |
| 2016-10-31 | 2.24 g/t Copper Equivalent over 0.9 m from 81.3 m | High Grade | Thin | 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.