Lana Corina 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
Lana Corina is located in Chile, 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 Basic volcanic rocks, under very 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, moderate length, and very deep. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2024-07-10 | 0.45 g/t Copper Equivalent over 2.0 m from 304.0 m | Moderate Grade | Moderate Thickness | Deep |
| 2024-07-10 | 0.72 g/t Copper Equivalent over 2.0 m from 478.0 m | Moderate Grade | Moderate Thickness | Very Deep |
| 2024-07-10 | 0.20 g/t Copper Equivalent over 2.0 m from 476.0 m | Low Grade | Moderate Thickness | Very Deep |
| 2024-07-10 | 1.24 g/t Copper Equivalent over 2.0 m from 474.0 m | High Grade | Moderate Thickness | Very Deep |
| 2024-07-10 | 0.20 g/t Copper Equivalent over 2.0 m from 472.0 m | Low Grade | Moderate Thickness | Very Deep |
| 2024-07-10 | 0.75 g/t Copper Equivalent over 2.0 m from 470.0 m | Moderate Grade | Moderate Thickness | Very Deep |
| 2024-07-10 | 1.14 g/t Copper Equivalent over 2.0 m from 468.0 m | Moderate Grade | Moderate Thickness | Very Deep |
| 2024-07-10 | 0.93 g/t Copper Equivalent over 2.0 m from 466.0 m | Moderate Grade | Moderate Thickness | Very Deep |
| 2024-07-10 | 1.21 g/t Copper Equivalent over 2.0 m from 464.0 m | High Grade | Moderate Thickness | Very Deep |
| 2024-07-10 | 1.00 g/t Copper Equivalent over 2.0 m from 462.0 m | Moderate Grade | Moderate Thickness | Very Deep |
| 2024-07-10 | 1.17 g/t Copper Equivalent over 2.0 m from 460.0 m | Moderate Grade | Moderate Thickness | Very Deep |
| 2024-07-10 | 0.73 g/t Copper Equivalent over 2.0 m from 458.0 m | Moderate Grade | Moderate Thickness | Deep |
| 2024-07-10 | 0.94 g/t Copper Equivalent over 2.0 m from 456.0 m | Moderate Grade | Moderate Thickness | Deep |
| 2024-07-10 | 1.15 g/t Copper Equivalent over 2.0 m from 454.0 m | Moderate Grade | Moderate Thickness | Deep |
| 2024-07-10 | 0.64 g/t Copper Equivalent over 2.0 m from 452.0 m | Moderate 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.