Cameron River 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
Cameron River is located in Australia, Oceania. 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, moderate relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Acid plutonic rocks, under very thick lithosphere with very 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 low grade, short, and very shallow. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2023-01-13 | 0.70 g/t Copper Equivalent over 4.0 m from 8.0 m | Moderate Grade | Thick | Very Shallow |
| 2023-01-13 | 0.27 g/t Copper Equivalent over 8.0 m from 24.0 m | Moderate Grade | Very Thick | Shallow |
| 2023-01-13 | 0.36 g/t Copper Equivalent over 4.0 m from 16.0 m | Moderate Grade | Thick | Very Shallow |
| 2023-01-13 | 0.15 g/t Copper Equivalent over 8.0 m from 28.0 m | Low Grade | Very Thick | Shallow |
| 2023-01-13 | 0.33 g/t Copper Equivalent over 4.0 m from 28.0 m | Moderate Grade | Thick | Shallow |
| 2023-01-13 | 0.05 g/t Copper Equivalent over 4.0 m from 4.0 m | Low Grade | Thick | Very Shallow |
| 2023-01-13 | 0.24 g/t Copper Equivalent over 4.0 m from 44.0 m | Moderate Grade | Thick | Shallow |
| 2023-01-13 | 0.14 g/t Copper Equivalent over 4.0 m from 52.0 m | Low Grade | Thick | Moderate Depth |
| 2023-01-13 | 0.18 g/t Copper Equivalent over 4.0 m from 8.0 m | Low Grade | Thick | Very Shallow |
| 2023-01-13 | 0.11 g/t Copper Equivalent over 4.0 m from 154.0 m | Low Grade | Thick | Moderate Depth |
| 2023-01-13 | 0.14 g/t Copper Equivalent over 4.0 m from 134.0 m | Low Grade | Thick | Moderate Depth |
| 2023-01-13 | 0.50 g/t Copper Equivalent over 4.0 m from 88.0 m | Moderate Grade | Thick | Moderate Depth |
| 2023-01-13 | 0.07 g/t Copper Equivalent over 3.0 m from 87.0 m | Low Grade | Thick | Moderate Depth |
| 2023-01-13 | 0.15 g/t Copper Equivalent over 4.0 m from 68.0 m | Low Grade | Thick | Moderate Depth |
| 2023-01-13 | 0.02 g/t Copper Equivalent over 4.0 m from 68.0 m | Low Grade | 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.