Balsam 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
Balsam 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, low relief, continental 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 Early Proterozoic Platform tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Copper Equivalent) average very high grade, very short, and deep. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2013-04-08 | 2.40 g/t Copper Equivalent over 3.2 m from 219.8 m | High Grade | Thick | Moderate Depth |
| 2013-04-08 | 5.11 g/t Copper Equivalent over 3.7 m from 357.0 m | Very High Grade | Thick | Deep |
| 2013-04-08 | 12.51 g/t Copper Equivalent over 1.1 m from 357.0 m | Very High Grade | Moderate Thickness | Deep |
| 2013-04-08 | 1.32 g/t Copper Equivalent over 2.2 m from 247.3 m | High Grade | Thick | Deep |
| 2013-04-08 | 2.56 g/t Copper Equivalent over 1.9 m from 261.9 m | High Grade | Moderate Thickness | Deep |
| 2013-04-08 | 1.10 g/t Copper Equivalent over 6.3 m from 261.3 m | Moderate Grade | Thick | Deep |
| 2013-04-08 | 4.06 g/t Copper Equivalent over 0.3 m from 169.0 m | High Grade | Very Thin | Moderate Depth |
| 2013-04-08 | 2.00 g/t Copper Equivalent over 4.6 m from 238.2 m | High Grade | Thick | Moderate Depth |
| 2013-04-08 | 5.99 g/t Copper Equivalent over 0.9 m from 238.2 m | Very High Grade | Thin | Moderate Depth |
| 2013-04-08 | 1.56 g/t Copper Equivalent over 1.6 m from 193.4 m | High Grade | Moderate Thickness | Moderate Depth |
| 2013-04-08 | 1.23 g/t Copper Equivalent over 1.8 m from 207.6 m | High Grade | Moderate Thickness | Moderate Depth |
| 2013-04-08 | 4.00 g/t Copper Equivalent over 0.4 m from 207.6 m | High Grade | Very Thin | Moderate Depth |
| 2013-04-08 | 10.17 g/t Copper Equivalent over 0.3 m from 155.2 m | Very High Grade | Very Thin | Moderate Depth |
| 2013-04-08 | 0.80 g/t Copper Equivalent over 2.2 m from 150.6 m | Moderate Grade | Thick | Moderate Depth |
| 2013-04-08 | 1.03 g/t Copper Equivalent over 6.0 m from 149.5 m | Moderate 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.