Tennyson 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
Tennyson is located in Canada, North America. The surrounding region has historically demonstrated a low potential for copper endowment and is very proximal to other copper properties. Physical setting (high elevation, very high relief, continental climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Carbonate sedimentary rocks, under moderately 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 shallow. The most recent intercepts are benchmarked against a global copper database.
| Date | Intercept (Copper Equivalent) | Grade | Length | Depth |
|---|---|---|---|---|
| 2011-12-21 | 0.35 g/t Copper Equivalent over 120.1 m from 32.0 m | Moderate Grade | Very Thick | Shallow |
| 2011-12-21 | 0.39 g/t Copper Equivalent over 211.5 m from 51.2 m | Moderate Grade | Very Thick | Moderate Depth |
| 2011-12-07 | 0.54 g/t Copper Equivalent over 67.7 m from 1.2 m | Moderate Grade | Very Thick | Very Shallow |
| 2011-12-07 | 0.52 g/t Copper Equivalent over 119.8 m from 0.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2011-12-07 | 0.70 g/t Copper Equivalent over 106.6 m from 54.6 m | Moderate Grade | Very Thick | Moderate Depth |
| 2011-12-07 | 0.38 g/t Copper Equivalent over 60.0 m from 98.1 m | Moderate Grade | Very Thick | Moderate Depth |
| 2011-12-07 | 0.62 g/t Copper Equivalent over 101.0 m from 0.5 m | Moderate Grade | Very Thick | Very Shallow |
| 2011-12-07 | 0.58 g/t Copper Equivalent over 149.4 m from 0.3 m | Moderate Grade | Very Thick | Very Shallow |
| 2011-10-03 | 0.36 g/t Copper Equivalent over 103.6 m from 3.1 m | Moderate Grade | Very Thick | Very Shallow |
| 2011-10-03 | 0.31 g/t Copper Equivalent over 125.9 m from 0.6 m | Moderate Grade | Very Thick | Very Shallow |
| 2011-09-28 | 0.69 g/t Copper Equivalent over 98.5 m from 0.6 m | Moderate Grade | Very Thick | Very Shallow |
| 2011-09-28 | 0.65 g/t Copper Equivalent over 27.4 m from 130.5 m | Moderate Grade | Very Thick | Moderate Depth |
| 2011-09-28 | 0.50 g/t Copper Equivalent over 94.8 m from 0.9 m | Moderate Grade | Very Thick | Very Shallow |
| 2011-09-28 | 0.61 g/t Copper Equivalent over 229.5 m from 0.0 m | Moderate Grade | Very Thick | Very Shallow |
| 2011-09-28 | 0.70 g/t Copper Equivalent over 81.7 m from 0.0 m | Moderate Grade | Very Thick | Very 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.