Otavi / Guchab 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
Otavi / Guchab is located in Namibia, Africa. The surrounding region has historically demonstrated a very high potential for copper endowment and is proximal to other copper properties. Physical setting (high elevation, moderate relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Carbonate sedimentary rocks, under moderately thick lithosphere with moderately thick sedimentary cover in a Late Proterozoic Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Copper Equivalent) average very high grade, long, and very shallow. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2013-11-13 | 4.52 g/t Copper Equivalent over 10.5 m from 111.5 m | Very High Grade | Very Thick | Moderate Depth |
| 2013-11-13 | 1.52 g/t Copper Equivalent over 6.8 m from 25.0 m | High Grade | Thick | Shallow |
| 2013-11-13 | 3.04 g/t Copper Equivalent over 26.4 m from 95.6 m | High Grade | Very Thick | Moderate Depth |
| 2013-11-13 | 2.84 g/t Copper Equivalent over 21.9 m from 183.0 m | High Grade | Very Thick | Moderate Depth |
| 2013-11-13 | 0.90 g/t Copper Equivalent over 4.7 m from 114.3 m | Moderate Grade | Thick | Moderate Depth |
| 2013-09-25 | 2.22 g/t Copper Equivalent over 22.4 m from 29.8 m | High Grade | Very Thick | Shallow |
| 2013-09-25 | 3.17 g/t Copper Equivalent over 3.2 m from 96.9 m | High Grade | Thick | Moderate Depth |
| 2013-09-25 | 1.67 g/t Copper Equivalent over 18.9 m from 1.0 m | High Grade | Very Thick | Very Shallow |
| 2013-09-25 | 2.66 g/t Copper Equivalent over 7.0 m from 1.0 m | High Grade | Very Thick | Very Shallow |
| 2013-09-25 | 2.48 g/t Copper Equivalent over 4.6 m from 8.2 m | High Grade | Thick | Very Shallow |
| 2013-09-25 | 1.15 g/t Copper Equivalent over 26.6 m from 1.4 m | Moderate Grade | Very Thick | Very Shallow |
| 2013-09-25 | 2.47 g/t Copper Equivalent over 4.2 m from 1.4 m | High Grade | Thick | Very Shallow |
| 2013-09-25 | 3.35 g/t Copper Equivalent over 3.1 m from 36.0 m | High Grade | Thick | Shallow |
| 2013-09-25 | 1.77 g/t Copper Equivalent over 58.6 m from 65.4 m | High Grade | Very Thick | Moderate Depth |
| 2013-09-25 | 3.86 g/t Copper Equivalent over 8.0 m from 116.0 m | High 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.