Star/Sheslay 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
Star/Sheslay 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, very high relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic rocks, under thin 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 high grade, very long, and very deep. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-09-22 | 0.64 g/t Copper Equivalent over 35.8 m from 203.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-09-22 | 0.73 g/t Copper Equivalent over 110.9 m from 19.9 m | Moderate Grade | Very Thick | Shallow |
| 2025-09-22 | 0.49 g/t Copper Equivalent over 62.8 m from 176.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-09-22 | 0.38 g/t Copper Equivalent over 397.0 m from 29.0 m | Moderate Grade | Very Thick | Shallow |
| 2025-09-22 | 0.78 g/t Copper Equivalent over 90.0 m from 29.0 m | Moderate Grade | Very Thick | Shallow |
| 2025-09-22 | 0.32 g/t Copper Equivalent over 565.8 m from 15.2 m | Moderate Grade | Very Thick | Very Shallow |
| 2025-09-22 | 0.45 g/t Copper Equivalent over 35.4 m from 197.7 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-09-22 | 0.39 g/t Copper Equivalent over 402.0 m from 104.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2025-09-22 | 1.69 g/t Copper Equivalent over 40.0 m from 34.0 m | High Grade | Very Thick | Shallow |
| 2025-09-22 | 0.52 g/t Copper Equivalent over 492.0 m from 14.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2025-09-22 | 0.71 g/t Copper Equivalent over 226.5 m from 14.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2025-09-22 | 1.14 g/t Copper Equivalent over 90.0 m from 14.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2025-09-22 | 1.29 g/t Copper Equivalent over 32.0 m from 15.0 m | High Grade | Very Thick | Very Shallow |
| 2025-09-22 | 0.97 g/t Copper Equivalent over 93.0 m from 8.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2025-09-22 | 0.53 g/t Copper Equivalent over 228.0 m from 17.0 m | Moderate 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.