Project economics

Feasibility study (FS) · effective 2025-03-11

NPV

CA$654,400,000 @ 7% discount (after-tax)

IRR

23% (after-tax)

Initial capex

CA$635,000,000

Payback

3.8 years

Mine life

20 years

Throughput

4,900 t/d

Annual production

4,900 tpd

Price assumptions

US$4.27/lb Cu, US$1.21/lb Zn

As disclosed by the company in its NI 43-101 technical report (effective 2025-03-11). Economic-study estimates are forward-looking and subject to the assumptions and risks in the original report; verify against the filing before drawing conclusions.

Warrant overhang

No warrants outstanding — verified across latest financials and 5 years of filings (as of Jul 20, 2026).

Project economics

Feasibility study (FS) · effective 2025-03-11

NPV

CA$654,400,000 @ 7% discount (after-tax)

IRR

23% (after-tax)

Initial capex

CA$635,000,000

Payback

3.8 years

Mine life

20 years

Throughput

4,900 t/d

Annual production

4,900 tpd

Price assumptions

US$4.27/lb Cu, US$1.21/lb Zn

As disclosed by the company in its NI 43-101 technical report (effective 2025-03-11). Economic-study estimates are forward-looking and subject to the assumptions and risks in the original report; verify against the filing before drawing conclusions.

Warrant overhang

No warrants outstanding — verified across latest financials and 5 years of filings (as of Jul 20, 2026).