Las Burras 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
Las Burras 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, temperate climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Alluvial deposits, under 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 moderate grade, very long, and very shallow. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2011-08-10 | 0.12 g/t Copper Equivalent over 75.0 m from 45.0 m | Low Grade | Very Thick | Shallow |
| 2011-08-10 | 0.53 g/t Copper Equivalent over 112.0 m from 48.0 m | Moderate Grade | Very Thick | Shallow |
| 2011-08-10 | 0.30 g/t Copper Equivalent over 256.0 m from 36.0 m | Moderate Grade | Very Thick | Shallow |
| 2011-08-10 | 0.17 g/t Copper Equivalent over 160.0 m from 141.0 m | Low Grade | Very Thick | Moderate Depth |
| 2011-08-10 | 0.12 g/t Copper Equivalent over 298.0 m from 3.0 m | Low Grade | Very Thick | Very Shallow |
| 2011-08-10 | 0.23 g/t Copper Equivalent over 296.0 m from 4.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2011-08-10 | 0.04 g/t Copper Equivalent over 167.0 m from 45.0 m | Low Grade | Very Thick | Shallow |
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.