Murphy Lake 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
Murphy Lake 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, high relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic rocks, under very thin lithosphere with thin 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 very high grade, moderate length, and moderate depth. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2012-01-26 | 0.37 g/t Copper Equivalent over 10.0 m from 180.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2012-01-26 | 1.73 g/t Copper Equivalent over 2.0 m from 221.0 m | High Grade | Moderate Thickness | Moderate Depth |
| 2012-01-26 | 0.54 g/t Copper Equivalent over 24.0 m from 219.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2012-01-26 | 1.43 g/t Copper Equivalent over 6.0 m from 219.0 m | High Grade | Thick | Moderate Depth |
| 2012-01-26 | 0.96 g/t Copper Equivalent over 18.0 m from 174.3 m | Moderate Grade | Very Thick | Moderate Depth |
| 2012-01-26 | 2.52 g/t Copper Equivalent over 6.0 m from 174.3 m | High Grade | Thick | Moderate Depth |
| 2012-01-26 | 3.10 g/t Copper Equivalent over 2.0 m from 174.3 m | High Grade | Moderate Thickness | Moderate Depth |
| 2012-01-26 | 0.32 g/t Copper Equivalent over 16.0 m from 52.4 m | Moderate Grade | Very Thick | Moderate Depth |
| 2012-01-26 | 1.06 g/t Copper Equivalent over 2.0 m from 52.4 m | Moderate Grade | Moderate Thickness | Moderate Depth |
| 2012-01-26 | 1.32 g/t Copper Equivalent over 2.0 m from 89.0 m | High Grade | Moderate Thickness | Moderate Depth |
| 2012-01-26 | 1.50 g/t Copper Equivalent over 2.0 m from 85.0 m | High Grade | Moderate Thickness | Moderate Depth |
| 2012-01-26 | 0.55 g/t Copper Equivalent over 28.0 m from 69.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2012-01-26 | 0.74 g/t Copper Equivalent over 6.0 m from 53.0 m | Moderate Grade | Thick | Moderate Depth |
| 2012-01-26 | 0.45 g/t Copper Equivalent over 50.0 m from 47.0 m | Moderate Grade | Very Thick | Shallow |
| 2012-01-26 | 7.38 g/t Copper Equivalent over 4.0 m from 239.6 m | Very High 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.