Bellas Gate 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
Bellas Gate is located in Jamaica, North America. 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, very low relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Carbonate sedimentary rocks, under very thin lithosphere with thick sedimentary cover in a Meso- and Cenozoic Extended Crust 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 |
|---|---|---|---|---|
| 2024-06-05 | 21.60 g/t Copper Equivalent over 80.0 m from 134.0 m | Very High Grade | Very Thick | Moderate Depth |
| 2024-06-05 | 22.20 g/t Copper Equivalent over 47.0 m from 57.0 m | Very High Grade | Very Thick | Moderate Depth |
| 2024-06-05 | 26.04 g/t Copper Equivalent over 115.0 m from 162.0 m | Very High Grade | Very Thick | Moderate Depth |
| 2024-06-05 | 21.71 g/t Copper Equivalent over 28.1 m from 90.5 m | Very High Grade | Very Thick | Moderate Depth |
| 2024-06-05 | 23.64 g/t Copper Equivalent over 18.0 m from 60.0 m | Very High Grade | Very Thick | Moderate Depth |
| 2024-06-05 | 24.60 g/t Copper Equivalent over 4.0 m from 596.0 m | Very High Grade | Thick | Very Deep |
| 2024-06-05 | 26.01 g/t Copper Equivalent over 45.0 m from 378.0 m | Very High Grade | Very Thick | Deep |
| 2024-06-05 | 32.50 g/t Copper Equivalent over 294.0 m from 9.0 m | Very High Grade | Very Thick | Very Shallow |
| 2024-05-15 | 59.31 g/t Copper Equivalent over 309.0 m from 15.0 m | Very High Grade | Very Thick | Very Shallow |
| 2024-05-15 | 126.18 g/t Copper Equivalent over 0.0 m from 0.0 m | Very High Grade | Very Thin | Very Shallow |
| 2024-05-15 | 92.15 g/t Copper Equivalent over 79.0 m from 128.0 m | Very High Grade | Very Thick | Moderate Depth |
| 2024-03-28 | 28.55 g/t Copper Equivalent over 305.0 m from 475.0 m | Very High Grade | Very Thick | Very Deep |
| 2024-03-28 | 75.03 g/t Copper Equivalent over 9.0 m from 559.0 m | Very High Grade | Very Thick | Very Deep |
| 2024-03-28 | 45.59 g/t Copper Equivalent over 49.0 m from 406.0 m | Very High Grade | Very Thick | Deep |
| 2024-03-28 | 35.03 g/t Copper Equivalent over 104.0 m from 351.0 m | Very High Grade | Very Thick | Deep |
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.