Ilo Este 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
Ilo Este is located in Peru, South 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, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Alluvial deposits, under very 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 moderate grade, very long, and deep. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2026-01-29 | 0.09 g/t Copper Equivalent over 27.0 m from 211.0 m | Low Grade | Very Thick | Moderate Depth |
| 2026-01-29 | 0.30 g/t Copper Equivalent over 4.5 m from 222.0 m | Moderate Grade | Thick | Moderate Depth |
| 2026-01-29 | 0.06 g/t Copper Equivalent over 18.0 m from 453.0 m | Low Grade | Very Thick | Deep |
| 2026-01-29 | 0.10 g/t Copper Equivalent over 8.0 m from 632.0 m | Low Grade | Very Thick | Very Deep |
| 2026-01-29 | 0.15 g/t Copper Equivalent over 6.2 m from 23.8 m | Low Grade | Thick | Shallow |
| 2026-01-29 | 0.38 g/t Copper Equivalent over 2.0 m from 26.0 m | Moderate Grade | Moderate Thickness | Shallow |
| 2026-01-29 | 0.07 g/t Copper Equivalent over 55.6 m from 91.0 m | Low Grade | Very Thick | Moderate Depth |
| 2026-01-29 | 0.10 g/t Copper Equivalent over 8.0 m from 125.0 m | Low Grade | Very Thick | Moderate Depth |
| 2026-01-29 | 0.06 g/t Copper Equivalent over 130.0 m from 202.0 m | Low Grade | Very Thick | Moderate Depth |
| 2026-01-29 | 0.12 g/t Copper Equivalent over 6.0 m from 276.0 m | Low Grade | Thick | Deep |
| 2026-01-29 | 0.12 g/t Copper Equivalent over 2.6 m from 290.0 m | Low Grade | Thick | Deep |
| 2026-01-29 | 0.11 g/t Copper Equivalent over 12.3 m from 313.7 m | Low Grade | Very Thick | Deep |
| 2016-01-25 | 0.03 g/t Copper Equivalent over 51.0 m from 471.0 m | Low Grade | Very Thick | Very Deep |
| 2016-01-25 | 0.09 g/t Copper Equivalent over 3.0 m from 471.0 m | Low Grade | Thick | Very Deep |
| 2016-01-25 | 0.03 g/t Copper Equivalent over 12.0 m from 342.0 m | Low Grade | Very Thick | 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.