Cobrasco 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
Cobrasco is located in Colombia, South America. The surrounding region has historically demonstrated a high potential for copper endowment and is proximal to other copper properties. Physical setting (moderate elevation, very high relief, tropical climate) shapes access, seasonality, and operating costs. Geologically, the area is dominated by Acid plutonic rocks, under very thin 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) average high grade, very long, and very deep. The most recent intercepts are benchmarked against a global copper database.
Date | Intercept (Copper) | Grade | Length | Depth |
---|---|---|---|---|
2023-01-17 | 0.29 g/t Copper over 70.0 m from 18.0 m | Moderate Grade | Very Thick | Shallow |
2023-01-17 | 0.46 g/t Copper over 754.0 m from 152.0 m | Moderate Grade | Very Thick | Moderate Depth |
2023-01-17 | 0.74 g/t Copper over 172.0 m from 474.0 m | Moderate Grade | Very Thick | Very Deep |
2022-10-31 | 0.42 g/t Copper over 808.0 m from 184.0 m | Moderate Grade | Very Thick | Moderate Depth |
2022-10-31 | 0.77 g/t Copper over 138.0 m from 768.0 m | Moderate Grade | Very Thick | Very Deep |
2022-10-31 | 0.90 g/t Copper over 82.0 m from 774.0 m | Moderate Grade | Very Thick | Very 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.