Tillex 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
Tillex 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 (moderate elevation, very low relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, under moderately thick lithosphere with thin sedimentary cover in a Archean Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Copper Equivalent) average very high grade, very long, and very deep. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-07-10 | 0.20 g/t Copper Equivalent over 10.0 m from 113.6 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-07-10 | 0.17 g/t Copper Equivalent over 12.9 m from 78.2 m | Low Grade | Very Thick | Moderate Depth |
| 2025-07-10 | 1.40 g/t Copper Equivalent over 36.3 m from 42.3 m | High Grade | Very Thick | Shallow |
| 2025-07-10 | 2.19 g/t Copper Equivalent over 17.6 m from 42.3 m | High Grade | Very Thick | Shallow |
| 2025-06-26 | 2.00 g/t Copper Equivalent over 98.2 m from 35.8 m | High Grade | Very Thick | Shallow |
| 2025-06-26 | 2.69 g/t Copper Equivalent over 23.5 m from 52.0 m | High Grade | Very Thick | Moderate Depth |
| 2025-06-26 | 3.12 g/t Copper Equivalent over 29.9 m from 91.9 m | High Grade | Very Thick | Moderate Depth |
| 2025-06-05 | 1.58 g/t Copper Equivalent over 28.8 m from 40.5 m | High Grade | Very Thick | Shallow |
| 2025-06-05 | 2.82 g/t Copper Equivalent over 13.3 m from 54.0 m | High Grade | Very Thick | Moderate Depth |
| 2025-05-29 | 1.71 g/t Copper Equivalent over 46.4 m from 31.8 m | High Grade | Very Thick | Shallow |
| 2025-05-29 | 1.08 g/t Copper Equivalent over 15.8 m from 105.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-05-29 | 3.48 g/t Copper Equivalent over 19.2 m from 31.8 m | High Grade | Very Thick | Shallow |
| 2025-05-29 | 0.58 g/t Copper Equivalent over 9.1 m from 72.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-02-27 | 30.47 g/t Copper Equivalent over 8.0 m from 42.6 m | Very High Grade | Very Thick | Shallow |
| 2025-02-27 | 1.94 g/t Copper Equivalent over 15.2 m from 41.6 m | High 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.