Los Chapitos 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
Los Chapitos 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 moderately thick 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, long, and moderate depth. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2026-06-10 | 0.31 g/t Copper Equivalent over 16.3 m from 251.3 m | Moderate Grade | Very Thick | Deep |
| 2026-06-10 | 0.28 g/t Copper Equivalent over 3.1 m from 185.9 m | Moderate Grade | Thick | Moderate Depth |
| 2026-06-10 | 0.34 g/t Copper Equivalent over 5.9 m from 151.5 m | Moderate Grade | Thick | Moderate Depth |
| 2026-06-10 | 0.85 g/t Copper Equivalent over 2.1 m from 138.9 m | Moderate Grade | Thick | Moderate Depth |
| 2026-06-10 | 0.43 g/t Copper Equivalent over 9.0 m from 109.5 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-06-10 | 0.39 g/t Copper Equivalent over 5.6 m from 90.5 m | Moderate Grade | Thick | Moderate Depth |
| 2026-06-10 | 1.05 g/t Copper Equivalent over 9.3 m from 66.5 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-06-10 | 0.48 g/t Copper Equivalent over 30.6 m from 54.1 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-06-10 | 0.93 g/t Copper Equivalent over 7.2 m from 11.5 m | Moderate Grade | Very Thick | Very Shallow |
| 2026-06-10 | 0.47 g/t Copper Equivalent over 19.0 m from 8.7 m | Moderate Grade | Very Thick | Very Shallow |
| 2026-06-10 | 1.04 g/t Copper Equivalent over 40.8 m from 6.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2026-06-10 | 0.83 g/t Copper Equivalent over 53.8 m from 0.5 m | Moderate Grade | Very Thick | Very Shallow |
| 2026-06-10 | 2.77 g/t Copper Equivalent over 16.2 m from 139.8 m | High Grade | Very Thick | Moderate Depth |
| 2026-06-10 | 0.91 g/t Copper Equivalent over 76.2 m from 89.5 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-06-10 | 0.31 g/t Copper Equivalent over 4.9 m from 19.7 m | Moderate Grade | Thick | 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.