Filo Sur - Mogotes 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
Filo Sur - Mogotes is located in Argentina, 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 (very high elevation, very high relief, polar climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, under very thick lithosphere with thin 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 very deep. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2026-07-09 | 0.98 g/t Copper Equivalent over 180.0 m from 108.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-07-09 | 1.77 g/t Copper Equivalent over 58.0 m from 111.0 m | High Grade | Very Thick | Moderate Depth |
| 2026-07-09 | 1.01 g/t Copper Equivalent over 7.0 m from 188.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-07-09 | 1.32 g/t Copper Equivalent over 7.0 m from 236.0 m | High Grade | Very Thick | Moderate Depth |
| 2026-07-09 | 2.84 g/t Copper Equivalent over 9.0 m from 276.0 m | High Grade | Very Thick | Deep |
| 2026-07-09 | 0.82 g/t Copper Equivalent over 14.0 m from 48.0 m | Moderate Grade | Very Thick | Shallow |
| 2026-05-01 | 0.48 g/t Copper Equivalent over 258.0 m from 158.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-05-01 | 0.28 g/t Copper Equivalent over 46.0 m from 80.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-05-01 | 0.36 g/t Copper Equivalent over 12.0 m from 150.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-05-01 | 0.54 g/t Copper Equivalent over 66.0 m from 64.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-05-01 | 0.77 g/t Copper Equivalent over 24.0 m from 74.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-05-01 | 0.75 g/t Copper Equivalent over 8.0 m from 118.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-05-01 | 0.42 g/t Copper Equivalent over 76.0 m from 312.0 m | Moderate Grade | Very Thick | Deep |
| 2026-05-01 | 0.78 g/t Copper Equivalent over 62.0 m from 164.0 m | Moderate Grade | Very Thick | Moderate Depth |
| 2026-05-01 | 0.48 g/t Copper Equivalent over 36.0 m from 458.0 m | Moderate 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.