Oxide Peak 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
Oxide Peak 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 (high elevation, moderate relief, polar climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic rocks, under moderately thick lithosphere with thick sedimentary cover in a Meso- and Cenozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Copper Equivalent) average low grade, very long, and very deep. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2023-06-01 | 0.09 g/t Copper Equivalent over 24.6 m from 328.0 m | Low Grade | Very Thick | Deep |
| 2023-06-01 | 0.14 g/t Copper Equivalent over 39.0 m from 61.5 m | Low Grade | Very Thick | Moderate Depth |
| 2023-06-01 | 0.07 g/t Copper Equivalent over 30.0 m from 109.5 m | Low Grade | Very Thick | Moderate Depth |
| 2023-06-01 | 0.18 g/t Copper Equivalent over 72.0 m from 222.3 m | Low Grade | Very Thick | Moderate Depth |
| 2023-06-01 | 0.62 g/t Copper Equivalent over 13.0 m from 236.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2023-06-01 | 0.10 g/t Copper Equivalent over 12.0 m from 264.0 m | Low Grade | Very Thick | Deep |
| 2023-06-01 | 0.13 g/t Copper Equivalent over 9.3 m from 285.0 m | Low Grade | Very Thick | Deep |
| 2023-06-01 | 0.14 g/t Copper Equivalent over 10.5 m from 337.0 m | Low Grade | Very Thick | Deep |
| 2023-06-01 | 0.11 g/t Copper Equivalent over 12.0 m from 416.0 m | Low Grade | Very Thick | Deep |
| 2023-06-01 | 0.05 g/t Copper Equivalent over 3.6 m from 357.9 m | Low Grade | Thick | Deep |
| 2023-06-01 | 0.10 g/t Copper Equivalent over 32.2 m from 390.8 m | Low Grade | Very Thick | Deep |
| 2023-06-01 | 0.23 g/t Copper Equivalent over 9.0 m from 414.0 m | Moderate Grade | Very Thick | Deep |
| 2023-06-01 | 0.15 g/t Copper Equivalent over 3.9 m from 440.7 m | Low Grade | Thick | Deep |
| 2023-06-01 | 0.07 g/t Copper Equivalent over 34.6 m from 476.9 m | Low Grade | Very Thick | Very Deep |
| 2023-06-01 | 0.12 g/t Copper Equivalent over 10.9 m from 490.0 m | Low Grade | Very Thick | Very 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.