Nyngan 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
Nyngan is located in Australia, Oceania. The surrounding region has historically demonstrated a moderate potential for copper endowment and is proximal to other copper properties. Physical setting (low elevation, low relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Unconsolidated sediments, under moderately thick lithosphere with moderately thick sedimentary cover in a Paleozoic Platform tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Copper Equivalent) average very low grade, long, and very deep. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2026-02-10 | 0.03 g/t Copper Equivalent over 0.0 m from 0.0 m | Low Grade | Very Thin | Very Shallow |
| 2026-02-10 | 0.10 g/t Copper Equivalent over 1.3 m from 360.4 m | Low Grade | Moderate Thickness | Deep |
| 2026-02-10 | 0.68 g/t Copper Equivalent over 0.4 m from 384.3 m | Moderate Grade | Very Thin | Deep |
| 2026-02-10 | 0.12 g/t Copper Equivalent over 1.4 m from 401.6 m | Low Grade | Moderate Thickness | Deep |
| 2026-02-10 | 0.10 g/t Copper Equivalent over 1.9 m from 472.6 m | Low Grade | Moderate Thickness | Very Deep |
| 2026-02-10 | 1.65 g/t Copper Equivalent over 0.9 m from 519.4 m | High Grade | Thin | Very Deep |
| 2026-02-10 | 0.35 g/t Copper Equivalent over 1.2 m from 556.4 m | Moderate Grade | Moderate Thickness | Very Deep |
| 2026-02-10 | 0.10 g/t Copper Equivalent over 15.5 m from 556.4 m | Low Grade | Very Thick | Very Deep |
| 2026-02-10 | 0.17 g/t Copper Equivalent over 1.7 m from 564.8 m | Low Grade | Moderate Thickness | Very Deep |
| 2026-02-10 | 0.25 g/t Copper Equivalent over 1.0 m from 571.0 m | Moderate Grade | Thin | Very Deep |
| 2026-02-10 | 0.09 g/t Copper Equivalent over 11.2 m from 589.4 m | Low Grade | Very Thick | Very Deep |
| 2026-02-10 | 0.13 g/t Copper Equivalent over 5.3 m from 591.2 m | Low Grade | Thick | Very Deep |
| 2026-02-10 | 0.08 g/t Copper Equivalent over 6.0 m from 268.0 m | Low Grade | Thick | Deep |
| 2026-02-10 | 0.15 g/t Copper Equivalent over 2.1 m from 271.9 m | Low Grade | Thick | Deep |
| 2026-02-10 | 0.19 g/t Copper Equivalent over 2.0 m from 340.0 m | Low Grade | Moderate Thickness | 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.