Awtad - Block 8 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
Awtad - Block 8 is located in Oman, Asia. The surrounding region has historically demonstrated a very high potential for copper endowment and is moderately proximal to other copper properties. Physical setting (moderate elevation, very high relief, dry climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, under moderately thick lithosphere with moderately thick sedimentary cover in a Meso- and Cenozoic Basin tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Copper Equivalent) average low grade, very short, and very deep. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2025-12-15 | 0.01 g/t Copper Equivalent over 1.0 m from 61.0 m | Low Grade | Thin | Moderate Depth |
| 2025-12-15 | 0.01 g/t Copper Equivalent over 1.0 m from 48.0 m | Low Grade | Thin | Shallow |
| 2025-12-15 | 0.04 g/t Copper Equivalent over 1.0 m from 47.0 m | Low Grade | Thin | Shallow |
| 2025-12-15 | 0.02 g/t Copper Equivalent over 1.0 m from 46.0 m | Low Grade | Thin | Shallow |
| 2025-12-15 | 0.02 g/t Copper Equivalent over 1.0 m from 45.0 m | Low Grade | Thin | Shallow |
| 2025-12-15 | 0.00 g/t Copper Equivalent over 1.0 m from 44.0 m | Very Low Grade | Thin | Shallow |
| 2025-12-15 | 0.02 g/t Copper Equivalent over 1.0 m from 43.0 m | Low Grade | Thin | Shallow |
| 2025-12-15 | 0.02 g/t Copper Equivalent over 1.0 m from 62.0 m | Low Grade | Thin | Moderate Depth |
| 2025-12-15 | 0.01 g/t Copper Equivalent over 1.0 m from 63.0 m | Very Low Grade | Thin | Moderate Depth |
| 2025-12-15 | 0.01 g/t Copper Equivalent over 1.0 m from 64.0 m | Low Grade | Thin | Moderate Depth |
| 2025-12-15 | 0.03 g/t Copper Equivalent over 1.0 m from 73.0 m | Low Grade | Thin | Moderate Depth |
| 2025-12-15 | 0.01 g/t Copper Equivalent over 1.0 m from 79.0 m | Very Low Grade | Thin | Moderate Depth |
| 2025-12-15 | 0.01 g/t Copper Equivalent over 1.0 m from 78.0 m | Very Low Grade | Thin | Moderate Depth |
| 2025-12-15 | 0.01 g/t Copper Equivalent over 1.0 m from 77.0 m | Low Grade | Thin | Moderate Depth |
| 2025-12-15 | 0.03 g/t Copper Equivalent over 1.0 m from 76.0 m | Low Grade | Thin | Moderate Depth |
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.