Tarqui 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
Tarqui is located in Ecuador, South 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 high relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Mixed sedimentary rocks, under moderately thick lithosphere with moderately 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 moderate grade, very long, and very deep. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2022-07-11 | 0.94 g/t Copper Equivalent over 72.0 m from 72.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-07-11 | 0.70 g/t Copper Equivalent over 18.0 m from 182.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-07-11 | 0.33 g/t Copper Equivalent over 218.0 m from 4.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2022-07-11 | 0.53 g/t Copper Equivalent over 8.0 m from 16.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2022-07-11 | 0.38 g/t Copper Equivalent over 114.0 m from 16.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2022-07-11 | 0.50 g/t Copper Equivalent over 18.0 m from 32.0 m | Moderate Grade | Very Thick | Shallow |
| 2022-07-11 | 0.54 g/t Copper Equivalent over 8.0 m from 122.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-07-11 | 0.32 g/t Copper Equivalent over 16.0 m from 74.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-07-11 | 0.25 g/t Copper Equivalent over 8.0 m from 74.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2022-07-11 | 0.93 g/t Copper Equivalent over 8.4 m from 62.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2021-10-18 | 0.15 g/t Copper Equivalent over 182.0 m from 56.0 m | Low Grade | Very Thick | Moderate Depth |
| 2021-10-18 | 0.15 g/t Copper Equivalent over 274.0 m from 430.0 m | Low Grade | Very Thick | Deep |
| 2021-10-18 | 0.15 g/t Copper Equivalent over 380.0 m from 36.0 m | Low Grade | Very Thick | Shallow |
| 2021-10-18 | 0.16 g/t Copper Equivalent over 441.0 m from 250.0 m | Low Grade | Very Thick | Deep |
| 2021-10-18 | 0.19 g/t Copper Equivalent over 685.0 m from 0.0 m | Low Grade | Very Thick | Very 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.