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 |
|---|---|---|---|---|
| 2026-02-27 | 0.71 g/t Copper Equivalent over 197.0 m from 462.0 m | Moderate Grade | Very Thick | Very Deep |
| 2026-02-27 | 0.21 g/t Copper Equivalent over 322.0 m from 444.0 m | Moderate Grade | Very Thick | Deep |
| 2026-02-27 | 0.19 g/t Copper Equivalent over 922.0 m from 58.0 m | Low Grade | Very Thick | Moderate Depth |
| 2026-02-27 | 0.23 g/t Copper Equivalent over 1,033.0 m from 6.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2026-02-27 | 0.26 g/t Copper Equivalent over 174.0 m from 417.0 m | Moderate Grade | Very Thick | Deep |
| 2026-02-27 | 0.45 g/t Copper Equivalent over 118.0 m from 629.0 m | Moderate Grade | Very Thick | Very Deep |
| 2026-02-27 | 0.29 g/t Copper Equivalent over 120.0 m from 919.0 m | Moderate Grade | Very Thick | Very Deep |
| 2026-02-27 | 0.72 g/t Copper Equivalent over 413.0 m from 246.0 m | Moderate Grade | Very Thick | Deep |
| 2026-02-27 | 0.64 g/t Copper Equivalent over 690.0 m from 41.0 m | Moderate Grade | Very Thick | Shallow |
| 2026-02-27 | 0.69 g/t Copper Equivalent over 618.0 m from 41.0 m | Moderate Grade | Very Thick | Shallow |
| 2026-02-27 | 0.83 g/t Copper Equivalent over 101.0 m from 41.0 m | Moderate Grade | Very Thick | Shallow |
| 2026-02-27 | 0.27 g/t Copper Equivalent over 106.0 m from 660.0 m | Moderate Grade | Very Thick | Very Deep |
| 2026-02-27 | 0.21 g/t Copper Equivalent over 396.0 m from 58.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-02-27 | 0.30 g/t Copper Equivalent over 107.0 m from 444.0 m | Moderate Grade | Very Thick | Deep |
| 2026-02-27 | 0.46 g/t Copper Equivalent over 88.0 m from 787.0 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.