Tillex 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
Tillex is located in Canada, North America. The surrounding region has historically demonstrated a very high potential for copper endowment and is very proximal to other copper properties. Physical setting (moderate elevation, very low relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Complex lithology, under moderately thick lithosphere with thin sedimentary cover in a Archean Shield tectonic province—factors that inform both deposit style and development complexity.
Drill Intercepts
Reported results (Copper Equivalent) average very 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 |
|---|---|---|---|---|
| 2026-06-18 | 4.86 g/t Copper Equivalent over 0.3 m from 75.6 m | Very High Grade | Very Thin | Moderate Depth |
| 2026-06-18 | 0.71 g/t Copper Equivalent over 1.0 m from 46.0 m | Moderate Grade | Thin | Shallow |
| 2026-06-18 | 1.61 g/t Copper Equivalent over 1.0 m from 45.0 m | High Grade | Thin | Shallow |
| 2026-06-18 | 0.90 g/t Copper Equivalent over 1.0 m from 44.0 m | Moderate Grade | Thin | Shallow |
| 2026-06-18 | 0.60 g/t Copper Equivalent over 1.0 m from 43.0 m | Moderate Grade | Thin | Shallow |
| 2026-06-18 | 0.36 g/t Copper Equivalent over 1.0 m from 42.0 m | Moderate Grade | Thin | Shallow |
| 2026-06-18 | 0.41 g/t Copper Equivalent over 1.0 m from 41.0 m | Moderate Grade | Thin | Shallow |
| 2026-06-18 | 0.35 g/t Copper Equivalent over 1.0 m from 40.0 m | Moderate Grade | Thin | Shallow |
| 2026-06-18 | 2.22 g/t Copper Equivalent over 90.2 m from 38.8 m | High Grade | Very Thick | Shallow |
| 2026-06-18 | 0.28 g/t Copper Equivalent over 1.2 m from 38.8 m | Moderate Grade | Moderate Thickness | Shallow |
| 2026-06-18 | 0.03 g/t Copper Equivalent over 1.0 m from 80.0 m | Low Grade | Thin | Moderate Depth |
| 2026-06-18 | 0.03 g/t Copper Equivalent over 1.0 m from 79.0 m | Low Grade | Thin | Moderate Depth |
| 2026-06-18 | 0.04 g/t Copper Equivalent over 1.0 m from 78.0 m | Low Grade | Thin | Moderate Depth |
| 2026-06-18 | 0.12 g/t Copper Equivalent over 1.0 m from 77.0 m | Low Grade | Thin | Moderate Depth |
| 2026-06-18 | 0.04 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.