Wabash 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
Wabash is located in Canada, North America. The surrounding region has historically demonstrated a high potential for copper endowment and is very 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 Metamorphics, under moderately thick lithosphere with thin sedimentary cover in a Middle Proterozoic Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Copper Equivalent) average high grade, short, and very shallow. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2022-04-26 | 3.70 g/t Copper Equivalent over 0.3 m from 17.4 m | High Grade | Very Thin | Shallow |
| 2022-04-26 | 0.91 g/t Copper Equivalent over 0.5 m from 24.0 m | Moderate Grade | Very Thin | Shallow |
| 2022-04-26 | 0.42 g/t Copper Equivalent over 0.3 m from 59.1 m | Moderate Grade | Very Thin | Moderate Depth |
| 2022-04-26 | 0.31 g/t Copper Equivalent over 0.2 m from 60.0 m | Moderate Grade | Very Thin | Moderate Depth |
| 2022-04-26 | 0.70 g/t Copper Equivalent over 0.2 m from 60.6 m | Moderate Grade | Very Thin | Moderate Depth |
| 2022-03-24 | 0.33 g/t Copper Equivalent over 0.6 m from 56.2 m | Moderate Grade | Thin | Moderate Depth |
| 2022-03-24 | 0.24 g/t Copper Equivalent over 10.2 m from 46.6 m | Moderate Grade | Very Thick | Shallow |
| 2022-03-24 | 0.22 g/t Copper Equivalent over 7.9 m from 4.1 m | Moderate Grade | Very Thick | Very Shallow |
| 2022-03-24 | 0.48 g/t Copper Equivalent over 2.2 m from 21.8 m | Moderate Grade | Thick | Shallow |
| 2022-03-24 | 0.23 g/t Copper Equivalent over 20.7 m from 77.3 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-03-24 | 0.25 g/t Copper Equivalent over 0.5 m from 94.6 m | Moderate Grade | Very Thin | Moderate Depth |
| 2022-03-24 | 1.08 g/t Copper Equivalent over 1.2 m from 51.2 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2022-03-24 | 1.29 g/t Copper Equivalent over 2.0 m from 16.7 m | High Grade | Moderate Thickness | Very Shallow |
| 2022-03-24 | 1.10 g/t Copper Equivalent over 2.3 m from 94.6 m | Moderate Grade | Thick | Moderate Depth |
| 2022-03-24 | 0.31 g/t Copper Equivalent over 11.0 m from 23.0 m | Moderate Grade | Very 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.