NAK 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
NAK is located in Canada, North America. The surrounding region has historically demonstrated a high potential for copper endowment and is very proximal to other copper properties. Physical setting (moderate elevation, moderate relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Basic volcanic rocks, 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, very long, and deep. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2026-01-26 | 0.94 g/t Copper Equivalent over 118.0 m from 738.0 m | Moderate Grade | Very Thick | Very Deep |
| 2026-01-26 | 0.84 g/t Copper Equivalent over 645.0 m from 211.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-01-26 | 0.72 g/t Copper Equivalent over 802.0 m from 54.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-01-26 | 1.04 g/t Copper Equivalent over 375.0 m from 211.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-01-26 | 1.14 g/t Copper Equivalent over 288.0 m from 298.0 m | Moderate Grade | Very Thick | Deep |
| 2026-01-15 | 0.42 g/t Copper Equivalent over 134.0 m from 97.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-01-15 | 0.43 g/t Copper Equivalent over 154.0 m from 416.0 m | Moderate Grade | Very Thick | Deep |
| 2026-01-15 | 0.31 g/t Copper Equivalent over 455.0 m from 166.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-01-15 | 0.54 g/t Copper Equivalent over 79.0 m from 166.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-01-15 | 0.62 g/t Copper Equivalent over 130.0 m from 452.0 m | Moderate Grade | Very Thick | Deep |
| 2026-01-15 | 0.33 g/t Copper Equivalent over 409.0 m from 215.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-01-15 | 0.23 g/t Copper Equivalent over 774.0 m from 13.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2026-01-15 | 0.27 g/t Copper Equivalent over 128.0 m from 211.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-01-15 | 0.15 g/t Copper Equivalent over 568.0 m from 7.0 m | Low Grade | Very Thick | Very Shallow |
| 2026-01-15 | 0.38 g/t Copper Equivalent over 218.0 m from 483.0 m | Moderate Grade | Very Thick | Very 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.