Serpent River Pecors 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
Serpent River Pecors 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, moderate relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Precambrian rocks, under moderately thick lithosphere with thin sedimentary cover in a Archean Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Copper Equivalent) average moderate grade, very short, and very deep. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2015-05-26 | 0.25 g/t Copper Equivalent over 0.2 m from 932.8 m | Moderate Grade | Very Thin | Very Deep |
| 2015-05-26 | 0.14 g/t Copper Equivalent over 0.3 m from 932.5 m | Low Grade | Very Thin | Very Deep |
| 2015-05-26 | 0.07 g/t Copper Equivalent over 1.0 m from 931.5 m | Low Grade | Thin | Very Deep |
| 2015-05-26 | 0.06 g/t Copper Equivalent over 1.0 m from 930.5 m | Low Grade | Thin | Very Deep |
| 2015-05-26 | 0.05 g/t Copper Equivalent over 1.0 m from 929.5 m | Low Grade | Thin | Very Deep |
| 2015-05-26 | 0.29 g/t Copper Equivalent over 1.0 m from 928.5 m | Moderate Grade | Thin | Very Deep |
| 2015-05-26 | 0.16 g/t Copper Equivalent over 1.0 m from 927.5 m | Low Grade | Thin | Very Deep |
| 2015-05-26 | 0.31 g/t Copper Equivalent over 1.0 m from 926.5 m | Moderate Grade | Thin | Very Deep |
| 2015-05-26 | 0.18 g/t Copper Equivalent over 1.0 m from 925.5 m | Low Grade | Thin | Very Deep |
| 2015-05-26 | 0.26 g/t Copper Equivalent over 1.0 m from 924.5 m | Moderate Grade | Thin | Very Deep |
| 2015-05-26 | 0.39 g/t Copper Equivalent over 1.0 m from 923.5 m | Moderate Grade | Thin | Very Deep |
| 2015-05-26 | 0.43 g/t Copper Equivalent over 1.0 m from 922.5 m | Moderate Grade | Thin | Very Deep |
| 2015-05-26 | 0.20 g/t Copper Equivalent over 1.0 m from 921.5 m | Moderate Grade | Thin | Very Deep |
| 2015-05-26 | 0.32 g/t Copper Equivalent over 1.0 m from 920.5 m | Moderate Grade | Thin | Very Deep |
| 2015-05-26 | 0.50 g/t Copper Equivalent over 1.0 m from 919.5 m | Moderate Grade | Thin | 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.