Nepisiguit-Stewart 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
Nepisiguit-Stewart 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 Complex lithology, under moderately thick lithosphere with thin sedimentary cover in a Paleozoic Orogen tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Copper Equivalent) average very high grade, very short, and very deep. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2014-01-23 | 4.35 g/t Copper Equivalent over 0.5 m from 48.5 m | High Grade | Very Thin | Moderate Depth |
| 2014-01-23 | 6.51 g/t Copper Equivalent over 0.5 m from 54.5 m | Very High Grade | Very Thin | Moderate Depth |
| 2014-01-23 | 1.51 g/t Copper Equivalent over 4.0 m from 133.0 m | High Grade | Thick | Moderate Depth |
| 2014-01-23 | 3.32 g/t Copper Equivalent over 1.5 m from 134.0 m | High Grade | Moderate Thickness | Moderate Depth |
| 2014-01-23 | 5.65 g/t Copper Equivalent over 0.5 m from 134.5 m | Very High Grade | Very Thin | Moderate Depth |
| 2014-01-23 | 1.05 g/t Copper Equivalent over 3.0 m from 141.0 m | Moderate Grade | Thick | Moderate Depth |
| 2014-01-23 | 1.39 g/t Copper Equivalent over 1.0 m from 142.0 m | High Grade | Thin | Moderate Depth |
| 2012-11-01 | 3.35 g/t Copper Equivalent over 3.5 m from 673.5 m | High Grade | Thick | Very Deep |
| 2012-11-01 | 2.71 g/t Copper Equivalent over 11.0 m from 174.0 m | High Grade | Very Thick | Moderate Depth |
| 2012-11-01 | 6.85 g/t Copper Equivalent over 1.0 m from 176.0 m | Very High Grade | Thin | Moderate Depth |
| 2012-11-01 | 4.28 g/t Copper Equivalent over 4.5 m from 179.5 m | High Grade | Thick | Moderate Depth |
| 2012-11-01 | 7.64 g/t Copper Equivalent over 1.0 m from 183.0 m | Very High Grade | Thin | Moderate Depth |
| 2012-11-01 | 1.55 g/t Copper Equivalent over 1.5 m from 651.0 m | High Grade | Moderate Thickness | Very Deep |
| 2012-11-01 | 5.00 g/t Copper Equivalent over 2.0 m from 674.0 m | Very High Grade | Moderate Thickness | Very Deep |
| 2012-11-01 | 1.49 g/t Copper Equivalent over 1.0 m from 686.0 m | High 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.