Santa Cruz, Arizona

1. Ivanhoe Electric holds the option to acquire all the mineral titles contiguous with acquired surface lands as announced on May 24, 2023.

Santa Cruz is located in Arizona, a prolific mining State, where over 35 million tonnes of copper have been produced since 1980 (~65% of total US production).

Deployment of Typhoon™ exploration search technology to help identify new mineralized targets, allowing Ivanhoe Electric to more efficiently explore with targeted diamond drilling.

Indicated Mineral Resources at the Santa Cruz Project total 226.7 million tonnes grading 1.24% total copper (2.8 million tonnes of contained copper), and Inferred Resources total 149.0 million tonnes grading 1.24% total copper (1.8 million tonnes of contained copper).

The Initial Assessment (“IA”) estimates Life of Mine copper production to be 1.6 million tonnes over a 20-year mine life and is designed to minimize surface land disruption.

The IA base case assumes that 70% of the electric power required for the Project will be generated by onsite renewable energy infrastructure to minimize carbon dioxide equivalent (“CO2e”) emissions.
- December 2022 Resource Estimate
Category Deposit Tonnage
(millions of tonnes)Total Copper Grade
(%)Total Soluble Copper Grade
(%)Total Contained Copper
(millions of tonnes)Total Contained Soluble Copper
(millions of tonnes)Indicated
Santa Cruz
223.2
1.24
0.82
2.8
1.8
Texaco
3.6
1.33
0.97
0.05
0.03
Inferred
Santa Cruz
62.7
1.23
0.92
0.8
0.6
Texaco
62.3
1.21
0.56
0.8
0.3
East Ridge
24
1.36
1.26
0.3
0.3
TOTAL
Indicated
All Deposits
226.7
1.24
0.82
2.8
1.9
Inferred
All Deposits
149
1.24
0.82
1.8
1.2
TOTAL LESS PRIMARY
Indicated
All Exclude Primary
149.7
1.42
1.24
2.1
1.9
Inferred
All Exclude Primary
106
1.32
1.16
1.4
1.2
Notes on Mineral Resources
- The Mineral Resources in this Estimate were independently prepared, including estimation and classification, by Nordmin Engineering Ltd. and in accordance with the definitions for Mineral Resources in S-K 1300.
- Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. This estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues.
- Verification included multiple site visits to inspect drilling, logging, density measurement procedures and sampling procedures, and a review of the control sample results used to assess laboratory assay quality. In addition, a random selection of the drill hole database results was compared with the original records.
- The Mineral Resources in this estimate for the Santa Cruz, East Ridge, and Texaco Deposits used Datamine Studio RMTM software to create the block models.
- The Mineral Resources are current to December 31, 2022.
- Underground-constrained Mineral Resources for the Santa Cruz Deposit are reported at a cut-off grade of 0.70% total copper, Texaco Deposit are reported at a cut-off grade of 0.80% total copper and East Ridge Deposit are reported at a cut-off grade of 0.90% total copper. The cut-off grade reflects total operating costs to define reasonable prospects for eventual economic extracted by conventional underground mining methods with a maximum production rate of 15,000 tonnes/day. All material within mineable shape-optimized wireframes has been included in the Mineral Resource.
- Underground mineable shape optimization parameters include a long term copper price of $3.70/lb, process recovery of 94%, direct mining costs between $24.50-$40.00/processed tonne reflecting various mining method costs (long hole or room and pillar), mining general and administration cost of $4.00/tonne processed, onsite processing and SX/EW costs between $13.40-$14.47/tonne processed, offsite costs between $3.29 – $4.67/tonne processed, along with variable royalties between 5.00-6.96% NSR and a mining recovery of 100%.
- Specific Gravity was applied using weighted averages by Deposit Sub-Domain.
- All figures are rounded to reflect the relative accuracy of the estimates, and totals may not add correctly.
- Excludes unclassified mineralization located along edges of the Santa Cruz, East Ridge, and Texaco Deposits where drill density is poor.
- Report from within a mineralization envelope accounting for mineral continuity.
- Total soluble copper means the addition of sequential acid soluble copper and sequential cyanide soluble copper assays. Total soluble copper is not reported for the Primary Domain.
- Drill Intercept Table (Pre-December 2022 Mineral Resource Estimate)
DRILL HOLE FROM
(M)TO
(M)INTERVAL
LENGTH
(M)TOTAL
COPPER
(%)TOTAL SOLUBLE
COPPER
(%)SCC-001 583.7 1027.0 443.3 1.37 0.87 Including 623.1 673.2 50.1 2.55 2.21 Including 681.2 711.3 30.1 2.75 2.53 Including 732.5 758.5 26.0 2.10 1.87 Including 776.5 1009.0 232.5 0.88 0.16 SCC-002 587.0 633.0 46.0 1.15 1.07 639.0 702.0 63.0 1.65 1.76 721.0 919.0 198.0 1.05 0.45 Including 723.0 748.0 25.0 3.36 2.84 Including 831.0 901.0 70.0 0.67 0.08 SCC-003 508.0 529.0 21.0 2.15 2.05 Including 513.0 523.0 10.0 3.42 3.32 538.0 566.0 28.0 0.76 0.68 593.0 629.0 36.0 0.63 0.52 SCC-004 597.0 633.0 36.0 1.46 1.42 Including 597.0 609.0 12.0 2.78 2.72 666.0 849.0 183.0 0.67 0.56 Including 666.0 680.0 14.0 1.33 1.29 Including 824.0 831.6 7.6 0.95 0.15 902.0 908.0 6.0 0.58 0.52 SCC-005 613.2 623.0 9.8 1.88 1.46 636.0 693.0 57.0 3.52 2.77 Including 659.0 683.1 24.1 7.02 5.40 SCC-006 478.0 490.0 12.0 0.49 0.45 550.0 565.0 15.0 0.78 0.75 666.0 766.0 100.0 1.52 1.34 Including 666.0 690.0 24.0 3.09 2.92 Including 710.0 724.0 14.0 2.15 1.95 773.6 792.0 18.4 0.66 0.17 836.0 879.0 43.0 0.68 0.08 938.0 1017.0 79.0 0.60 0.08 1067.0 1077.0 10.0 0.98 0.09 SCC-007 813.6 871.0 57.4 0.92 0.85 Including 814.4 830.0 15.6 1.84 1.74 880.0 905.0 25.0 2.44 2.28 Including 886.0 896.0 10.0 4.08 3.79 968.0 1304.0 336.0 1.27 0.96 Including 982.0 1132.0 150.0 2.08 2.00 Including 996.0 1040.0 44.0 2.38 2.34 Including 1088.0 1123.0 35.0 2.28 2.18 Including 1151.0 1164.0 13.0 1.04 0.06 Including 1214.0 1222.0 8.0 0.99 0.07 SCC-008 754.0 763.0 9.0 1.95 1.83 804.0 816.0 12.0 1.19 1.03 829.0 842.0 13.0 0.56 0.52 901.0 1057.0 156.0 0.74 0.21 Including 922.0 957.0 35.0 1.12 0.35 Including 1006.0 1027.0 21.0 0.58 0.09 Including 1036.0 1044.0 8.0 0.83 0.11 SCC-009 504.0 518.0 14.0 1.02 1.00 549.0 609.0 60.0 0.64 0.61 Including 597.0 609.0 12.0 1.34 1.27 SCC-011 749.2 811.1 61.9 1.08 1.05 Including 749.2 760.0 10.9 1.83 1.78 Including 766.0 809.7 43.7 1.02 0.99 Including 767.0 777.0 10.0 1.52 1.50 859.0 949.0 90.0 0.83 0.74 Including 860.0 890.0 30.0 1.62 1.45 SCC-012 No reportable assays Note: Did not reach bedrock SCC-013 735.0 741.0 6.0 0.44 0.03 774.0 781.1 7.1 0.79 0.05 SCC-014 683.0 869.0 186.0 0.64 0.24 SCC-015 No reportable assays Note: Did not reach bedrock SCC-016 284.0 290.0 6.0 0.61 0.58 SCC-017 756.5 1075.0 318.5 0.88 0.22 Including 756.5 1040.0 283.5 0.92 0.25 Including 862.0 905.0 43.0 1.26 0.28 Including 963.0 978.0 15.0 1.19 0.07 Including 1001.8 1014.0 12.2 1.01 0.09 SCC-018 747.0 816.0 69.0 0.26 0.02 Including 755.9 796.0 40.1 0.28 0.02 Including 747.0 753.0 6.0 0.35 0.02 SCC-019 773.0 873.0 100.0 1.74 0.91 Including 773.0 846.0 73.0 2.21 1.22 931.0 942.0 11.0 0.97 0.13 1018.0 1059.9 41.9 0.82 0.06 Including 1021.0 1028.0 7.0 1.44 0.10 1071.4 1095.0 23.6 0.61 0.04 SCC-021 505.0 511.0 6.0 1.55 1.51 549.0 565.0 16.0 2.26 2.02 Including 554.0 563.0 9.0 3.24 2.88 586.0 603.0 17.0 0.82 0.08 Including 586.0 595.0 9.0 1.07 1.03 631.0 651.0 20.0 1.40 1.33 Including 632.0 641.0 9.0 2.61 2.46 Including 634.0 641.0 7.0 3.00 2.87 657.0 721.0 64.0 0.70 0.60 742.0 822.4 80.4 0.50 0.08 SCC-022 313.0 329.6 16.6 1.23 1.11 SCC-022A 557.0 596.0 39.0 1.35 1.29 Including 557.0 563.0 6.0 3.29 3.27 Including 568.0 578.2 10.2 2.02 2.06 604.0 694.0 90.0 0.51 0.28 781.0 796.0 15.0 0.49 0.08 SCC-023 460.5 490.6 30.1 0.63 0.38 Including 463.0 472.0 9.0 1.00 0.56 522.0 530.4 8.4 3.39 2.60 568.0 575.0 7.0 0.61 0.37 632.7 672.0 39.3 0.98 0.90 656.0 664.5 8.5 1.84 1.75 658.0 664.5 6.5 2.00 1.92 852.0 858.0 6.0 0.50 0.49 SCC-027 No reportable assays Note: Hole ended early, redrilled as SCC-048 SCC-052 646.2 731.2 85.0 0.76 0.54 Including 646.2 675.0 28.8 1.23 1.22 780.0 867.0 87.0 0.60 0.10 874.0 880.9 6.9 0.53 0.06 SCC-055 Not Sampled SCC-060 Not Sampled SCC-061 Not Sampled SCC-062 Not Sampled SCC-064 Not Sampled SCC-066 Not Sampled SCC-067 Not Sampled SCC-069 Not Sampled SCC-070 Not Sampled SCC-071 Not Sampled SCC-072 Not Sampled SCC-074 Not Sampled SCC-075 Not Sampled SCC-076 Not Sampled SCC-077 Not Sampled SCC-078 Sonic hole: Not Sampled SCC-079 Not Sampled SCC-082 Sonic hole: Not Sampled SCC-083 Not Sampled SCC-084 602.0 915.9 313.9 1.06 0.95 Including 602.0 635.0 33.0 1.84 1.56 Including 621.9 635.0 13.1 3.17 2.82 Including 661.0 805.0 144.0 1.38 1.31 Including 687.0 701.0 14.0 1.42 1.33 Including 707.0 783.0 76.0 1.86 1.80 Including 743.0 749.0 6.0 3.53 3.42 Including 759.0 773.0 14.0 2.41 2.37 Including 795.0 803.0 8.0 1.24 1.15 Including 811.0 891.0 80.0 0.65 0.57 Including 837.0 843.0 6.0 1.41 1.34 Including 901.0 915.9 14.9 0.72 0.56 SCC-085 Not Sampled SCC-086 Sonic hole: Not Sampled SCC-087 Not Sampled SCC-089 Sonic hole: Not Sampled SCC-091 No reportable assays SCC-103 Not Sampled *Total Soluble Copper is the calculated summation of all soluble copper derived from the sequential copper analysis suite
*Reported intervals are calculated using a 0.39% total copper cut-off grade and allowing up to a maximum of 6 consecutive meters of material less than 0.39% total copper
*Results are core intervals and may not be true widths but are believed to be representative of actual drill thicknesses
*SCC-022A is a wedged hole from parent hole SCC-022
*Reported intervals for SCC-084 are calculated using a 0.39% total copper cut-off grade and allowing up to a maximum of 12 consecutive meters of material less than 0.39% total copper
*Some rounding errors may occur - Drill Intercept Table (Post-December 2022 Mineral Resource Estimate)
DRILL HOLE LOCATION FROM
(M)TO
(M)INTERVAL
LENGTH
(M)TOTAL
COPPER
(%)TOTAL SOLUBLE
COPPER
(%)SCC-025 Santa Cruz 613.5 669 55.5 2.57 2.46 Including 613.5 667.0 53.5 2.64 2.52 Including 613.5 620.0 6.5 2.38 2.31 Including 624.0 661.0 37.0 2.99 2.86 695.0 769.0 74.0 1.21 0.75 Including 695.0 701.0 6.0 1.51 1.42 Including 707.0 717.0 10.0 1.36 1.35 Including 725.0 731.0 6.0 1.43 0.64 Including 751.0 763.5 12.5 2.18 0.94 777.0 816.2 39.2 0.88 0.12 SCC-026 Santa Cruz 462.0 540.0 78.0 1.97 1.77 Including 462.0 499.0 37.0 2.17 2.00 Including 485.0 499.0 14.0 3.34 3.08 Including 504.0 540.0 36.0 2.00 1.75 Including 508.0 521.0 13.0 3.59 3.18 602.0 608.0 6.0 1.10 1.05 623.0 630.0 7.0 0.85 0.72 SCC-029 Santa Cruz 446.0 459.0 13.0 1.29 1.29 541.5 577.5 36.0 2.73 2.48 Including 549.9 577.5 27.6 2.62 2.35 792.0 819.0 27.0 0.76 0.06 Including 805.0 815.0 10.0 1.10 0.08 825.0 834.0 9.0 1.43 0.10 Including 826.0 833.0 7.0 1.60 0.11 843.0 881.0 38.0 1.17 0.08 SCC-031 Santa Cruz 520.0 529.0 9.0 3.17 2.57 Including 522.3 528.5 6.2 3.92 3.34 540.0 548.0 8.0 2.54 2.12 Including 540.0 547.0 7.0 2.79 2.36 611.0 657.0 46.0 1.55 1.49 Including 619.0 657.0 38.0 1.66 1.61 Including 641.0 649.0 8.0 2.48 2.34 686.0 695.6 9.6 2.25 2.30 Including 686.0 695.0 9.0 2.35 2.40 SCC-032 Santa Cruz 557.0 595.0 38.0 2.13 2.01 Including 557.6 595.0 37.4 2.15 2.03 Including 557.6 586.0 28.4 2.55 2.42 SCC-045* Santa Cruz 531.0 551.0 20.0 0.95 0.86 Including 531.0 539.0 8.0 1.23 1.15 587.0 602.0 15.0 1.05 1.02 645.0 653.0 8.0 1.84 1.77 659.0 667.0 8.0 0.89 0.87 SCC-048* Santa Cruz 589.2 597.4 8.2 1.82 1.87 628.6 670.0 41.4 2.48 2.33 Including 640.0 667.0 27.0 2.86 2.66 678.0 696.0 18.0 1.66 1.55 Including 688.0 696.0 8.0 2.22 2.12 705.0 723.0 18.0 0.91 0.81 765.0 792.0 27.0 1.12 0.64 876.0 899.0 23.0 0.82 0.09 SCC-053 Santa Cruz 559.0 598.0 38.7 1.90 1.82 Including 559.4 566.0 6.7 2.48 2.41 Including 570.0 595.0 25.0 2.16 2.05 Including 578.0 595.0 17.0 2.45 2.31 620.0 647.0 27.0 1.02 0.58 Including 633.3 644.1 10.8 1.42 0.86 658.0 681.4 23.4 0.88 0.22 691.0 697.0 6.0 0.80 0.12 728.0 737.7 9.7 1.29 0.16 745.0 753.0 8.0 0.90 0.10 800.0 807.0 7.0 0.87 0.06 825.0 847.5 22.5 1.10 0.09 Including 826.0 832.0 6.0 1.58 0.09 Including 838.5 847.5 9.0 1.19 0.13 SCC-054 Santa Cruz 313.0 322.0 9.0 1.16 1.10 519.0 559.0 40.0 2.25 2.22 Including 527.0 559.0 32.0 2.52 2.51 Including 528.0 543.0 15.0 3.77 3.78 626.0 650.0 24.0 1.89 1.74 SCC-056 Santa Cruz 599.0 640.9 41.9 2.35 2.10 Including 600.0 640.9 40.9 2.39 2.13 Including 613.0 628.0 15.0 2.88 2.51 Including 633.0 640.9 7.9 3.18 2.85 646.0 693.0 47.0 1.05 1.00 Including 648.1 664.0 15.9 1.62 1.55 698.0 746.0 48.0 1.06 0.78 Including 701.0 711.0 10.0 1.03 0.48 Including 730.0 744.0 13.2 1.24 0.82 790.0 821.0 31.0 0.86 0.06 Including 790.0 796.0 6.0 1.27 0.14 837.0 846.7 9.7 0.81 0.08 SCC-057 Santa Cruz 627.0 705.0 78.0 1.97 1.91 Including 627.0 677.8 50.8 2.60 2.55 Including 639.0 667.7 28.7 3.30 3.22 Including 693.0 705.0 12.0 0.98 0.85 756.0 779.0 23.0 0.89 0.16 793.0 899.0 106.0 1.06 0.09 Including 793.0 838.0 45.0 1.39 0.12 SCC-058 Santa Cruz 479.0 486.0 7.0 1.11 1.08 Including 480.0 486.0 6.0 1.15 1.12 581.0 589.0 8.0 2.38 2.28 596.0 651.0 55.0 3.11 2.93 Including 596.0 639.0 43.0 3.74 3.63 Including 597.0 634.0 37.0 4.17 4.05 659.9 725.0 65.1 1.21 0.71 Including 671.0 713.0 42.0 1.49 0.92 745.0 770.0 25.0 0.87 0.09 793.0 842.0 49.0 1.05 0.08 Including 793.0 801.0 8.0 1.18 0.11 Including 805.0 828.0 23.0 1.29 0.09 847.0 877.0 30.0 0.87 0.16 Including 850.0 863.0 13.0 1.12 0.23 882.0 889.3 7.3 1.22 0.06 SCC-059 Santa Cruz 698.6 710.0 11.4 1.47 1.45 717.2 743.0 25.8 1.06 1.03 Including 717.2 737.0 19.8 1.20 1.16 772.0 785.0 13.0 0.85 0.83 Including 776.0 782.0 6.0 1.02 0.99 791.2 802.0 10.8 0.99 0.98 854.0 881.0 27.0 0.81 0.78 SCC-063* Santa Cruz 327.0 336.0 9.0 1.30 1.16 572.0 584.0 12.0 1.48 1.40 780.0 786.0 6.0 0.84 0.18 826.0 832.0 6.0 0.78 0.06 SCC-065 Santa Cruz None Reportable SCC-068 Santa Cruz 569.0 625.0 56.0 1.63 1.55 Including 577.8 589.0 11.2 3.31 3.16 Including 612.0 625.0 13.0 1.61 1.63 630.0 698.0 68.0 1.83 1.82 Including 630.0 667.0 37.0 2.45 2.42 Including 631.1 650.0 18.9 2.88 2.84 Including 654.0 662.1 8.1 2.73 2.69 Including 672.0 698.0 26.0 1.23 1.24 742.0 796.0 54.0 1.05 0.69 Including 742.0 755.0 13.0 1.21 1.18 Including 762.0 770.0 8.0 1.36 1.34 803.0 813.0 10.0 0.84 0.06 819.0 839.0 20.0 1.34 0.08 845.0 925.0 80.0 0.92 0.07 SCC-073 Santa Cruz 379.5 385.4 5.9 2.88 2.32 470.0 478.0 8.0 1.58 1.56 513.0 534.0 21.0 1.44 1.39 539.0 566.0 27.0 1.23 1.17 Including 542.0 562.0 20.0 1.49 1.43 SCC-080 Santa Cruz 575.0 622.0 47.0 1.96 1.87 Including 576.4 588.0 11.6 1.73 1.66 Including 592.0 622.0 30.0 2.26 2.15 Including 606.0 620.0 14.0 3.20 3.04 630.0 727.0 97.0 1.13 1.06 Including 630.0 645.3 15.3 1.88 1.85 Including 630.0 638.0 8.0 1.93 1.91 Including 659.0 666.0 7.0 1.73 1.64 Including 689.0 695.0 6.0 1.09 1.05 Including 707.0 715.0 8.0 1.07 1.02 747.0 759.3 12.3 1.20 0.58 SCC-081 Santa Cruz None Reportable SCC-088 Santa Cruz None Reportable SCC-090 Santa Cruz 477.2 487.5 10.3 1.20 1.17 SCC-092 Santa Cruz Assays Pending SCC-093 East Ridge None Reportable SCC-093A East Ridge None Reportable SCC-096 East Ridge None Reportable SCC-095 Santa Cruz None Reportable SCC-097 Santa Cruz None Reportable SCC-098 Southwest Exploration Area None Reportable SCC-099 Santa Cruz 682.0 689.0 7.0 0.98 0.41 SCC-101 Santa Cruz None Reportable SCC-102 Santa Cruz 308.9 317.0 8.1 2.79 2.68 436.0 448.0 12.0 1.84 1.79 Including 440.0 446.0 6.0 2.20 2.16 482.0 490.3 8.3 1.07 0.98 544.0 572.0 28.0 0.82 0.78 606.0 620.0 14.0 0.65 0.10 SCC-105 East Ridge Assays Pending SCC-106 Santa Cruz None Reportable SCC-107 East Ridge None Reportable SCC-108 East Ridge None Reportable SCC-109 East Ridge 687.0 703.0 16.0 1.25 1.23 Including 687.0 701.0 14.0 1.30 1.27 SCC-110 Santa Cruz 788.0 801.3 13.3 0.95 0.85 Including 794.0 801.3 7.3 1.03 0.93 SCC-111 Santa Cruz None Reportable SCC-112 Texaco 517.0 529.3 12.3 0.95 0.82 Including 521.0 529.3 8.3 1.18 1.01 576.0 584.2 8.2 1.20 0.91 SCC-113 Santa Cruz 705.9 719.3 13.4 1.10 0.38 Including 705.9 718.5 12.6 1.13 0.38 SCC-114 East Ridge 430.9 440.0 9.1 1.75 1.53 Including 430.9 439.2 8.3 1.83 1.59 SCC-115 East Ridge None Reportable SCC-116 Santa Cruz 381.8 391.7 9.9 1.45 1.26 Including 381.8 391.0 9.2 1.50 1.31 528.0 551.0 23.0 1.56 1.51 Including 535.5 551.0 15.5 1.90 1.85 Including 537.0 547.0 10.0 2.26 2.20 644.5 652.1 7.6 0.89 0.82 SCC-117 Texaco 466.5 483.0 16.5 0.87 0.57 SCC-118 Santa Cruz None Reportable SCC-119 East Ridge None Reportable SCC-120 Santa Cruz Assays Pending SCC-121 Santa Cruz None Reportable SCC-122 Texaco Assays Pending SCC-123 East Ridge 516.0 530.0 14.0 1.29 1.31 SCC-124 Santa Cruz Assays Pending SCC-125 Santa Cruz Assays Pending SCC-126 Santa Cruz Assays Pending SCC-127 Texaco Assays Pending SCC-128 Santa Cruz Assays Pending SCC-129 Texaco Assays Pending SCC-130 Santa Cruz Assays Pending SCC-131 Santa Cruz Assays Pending SCC-132 Santa Cruz Assays Pending SCC-133 Texaco Assays Pending SCC-136 Santa Cruz Assays Pending SCC-137 Santa Cruz Assays Pending SCC-138 Texaco Assays Pending SCC-139 Texaco Assays Pending SCC-140 Texaco Assays Pending SCC-141 Santa Cruz Assays Pending SCC-142 Santa Cruz Assays Pending SCC-143 Texaco Assays Pending SCC-144 Santa Cruz Assays Pending SCC-145 Santa Cruz Assays Pending SCC-146 Santa Cruz Assays Pending SCC-147 Santa Cruz Assays Pending SCC23-GT-001 Santa Cruz Assays Pending SCC23-GT-002 Santa Cruz Assays Pending SCC23-GT-003 Santa Cruz Assays Pending *Total Soluble Copper is the calculated summation of all soluble copper derived from the sequential copper analysis suite.
*Reported intervals at the Santa Cruz Deposit are calculated at a cut-off grade of 0.70% total copper, Texaco Deposit is reported at a cut-off grade of 0.80% total copper and East Ridge Deposit is reported at a cut-off grade of 0.90% total copper.
*Results are core intervals and may not be true widths but are believed to be representative of actual drill thicknesses.
*Holes SCC-045, 048, and 063 were partially released prior to the December 2022 Mineral Resource Estimate using previous cut-off grades. Intercepts have been recalculated using current cut-off grades.
*Drill holes in the Pre-MRE intercept table and those drill holes located outside the current project boundary are not included.
*Some rounding errors may occur. - Collar Locations Table
Drill Hole Depth (m) Azimuth (˚) Dip (˚) Easting Northing Elevation SCC-001 1274.98 0 -90 417839.13 3639741.82 404.27 SCC-002 965.30 0 -90 417684.23 3640037.27 403.29 SCC-003 778.46 0 -90 417342.00 3640853.00 390.75 SCC-004 926.91 0 -90 417536.12 3640347.10 402.38 SCC-005 793.70 0 -90 417841.93 3640342.76 403.03 SCC-006 1265.83 225 -56 417863.57 3640199.79 403.29 SCC-007 1344.17 235 -50 418343.48 3639974.63 404.24 SCC-008 1220.27 0 -90 417909.20 3639890.86 404.23 SCC-009 945.79 225 -75 417328.62 3640843.84 401.31 SCC-011 1099.41 0 -90 417969.40 3640016.61 403.94 SCC-012 379.78 0 -90 419564.52 3643166.42 400.56 SCC-013 855.27 0 -90 421071.78 3644586.38 413.47 SCC-014 1023.52 190 -84 419175.11 3643173.58 405.60 SCC-015 548.94 0 -90 419378.46 3643167.47 404.66 SCC-016 931.16 0 -90 416630.64 3641665.75 402.79 SCC-017 1139.34 0 -90 419378.01 3643172.74 404.42 SCC-018 848.87 0 -90 421069.59 3644346.22 419.65 SCC-019 1123.34 0 -90 419564.52 3643166.42 400.56 SCC-021 822.35 230 -80 417462.36 3640515.66 406.27 SCC-022 446.80 241 -80 417447.03 3640638.49 406.04 SCC-022A 813.36 241 -80 417447.03 3640638.49 406.04 SCC-023 897.94 207 -75 417693.00 3640427.00 405.00 SCC-025 858.77 228 -82 417800.20 3639904.39 407.99 SCC-026 741.88 209 -80 417306.48 3640497.20 405.92 SCC-027 550.47 259 -82 417812.78 3639909.68 407.86 SCC-029 917.91 227 -78 417628.30 3639967.64 407.28 SCC-031 904.34 222 -85 417663.75 3640253.76 403.04 SCC-032 811.68 220 -78 417503.90 3640057.65 407.17 SCC-045 883.76 225 -73 417447.94 3640641.80 406.20 SCC-048 915.47 259 -82 417813.32 3639920.49 403.81 SCC-052 880.87 224 -75 417481.09 3640515.04 406.42 SCC-053 1041.80 224 -85 417452.89 3640334.43 406.69 SCC-054 686.71 248 -85 417352.69 3640386.01 402.29 SCC-055 304.80 224 -85 417549.11 3640431.25 402.46 SCC-056 846.73 224 -78 417545.58 3640429.47 406.67 SCC-057 996.70 221 -74 417765.27 3640038.33 403.39 SCC-058 889.25 226 -69 417764.39 3640037.65 407.59 SCC-059 980.24 212 -80 417826.00 3640085.46 407.58 SCC-060 274.32 224 -75 417824.65 3640083.89 407.48 SCC-061 304.80 238 -75 417819.88 3640080.97 407.56 SCC-062 304.80 250 -82 417816.83 3640076.48 407.49 SCC-063 932.99 200 -80 417446.47 3640644.64 408.22 SCC-064 204.22 0 -90 417087.28 3641942.98 402.71 SCC-065 577.90 0 -90 416802.87 3641176.62 405.94 SCC-066 228.60 0 -90 417098.14 3641365.92 404.99 SCC-067 243.84 0 -90 417388.46 3641434.33 399.88 SCC-068 1019.09 231 -75 417761.14 3640171.54 403.24 SCC-069 228.60 0 -90 416821.22 3641948.80 398.68 SCC-070 246.89 0 -90 417162.35 3641756.58 398.88 SCC-071 243.84 0 -90 417160.04 3641592.48 398.91 SCC-072 274.32 0 -90 416442.89 3641664.13 398.41 SCC-073 916.38 0 -90 417161.82 3640570.86 401.95 SCC-074 259.08 0 -90 416756.62 3641452.25 399.52 SCC-075 289.56 0 -90 417099.96 3641082.40 400.88 SCC-076 152.40 0 -90 416961.55 3641656.65 399.12 SCC-077 320.04 0 -90 417447.36 3641304.43 400.18 SCC-078 100.00 0 -90 417560.81 3641549.54 399.95 SCC-079 454.15 232 -75 417983.75 3639800.86 404.66 SCC-080 759.56 205 -85 417525.37 3640288.66 403.58 SCC-081 525.17 0 -90 416447.22 3641966.48 398.46 SCC-082 112.70 0 -90 417695.71 3642154.98 398.98 SCC-083 457.20 222 -85 417989.78 3639801.48 404.60 SCC-084 915.92 214 -80 417762.49 3640170.89 400.88 SCC-085 387.10 254 -78 418086.12 3639715.82 404.70 SCC-086 149.96 0 -90 417456.90 3642264.44 398.62 SCC-087 426.72 234 -80 418081.68 3639721.15 404.70 SCC-088 579.73 0 -90 416865.02 3640897.45 402.40 SCC-089 100.28 0 -90 417883.52 3641782.47 399.76 SCC-090 712.01 0 -90 417160.56 3640269.44 402.78 SCC-091 457.20 0 -90 416865.56 3641050.59 400.07 SCC-092 666.60 0 -90 417158.48 3640771.15 401.35 SCC-093 546.81 0 -90 417866.30 3640753.07 402.44 SCC-093A 959.21 0 -90 417866.30 3640753.07 402.44 SCC-095 457.20 0 -90 417013.61 3640870.02 400.68 SCC-096 981.76 0 -90 418350.75 3640338.85 403.54 SCC-097 457.20 0 -90 417027.33 3640652.66 401.37 SCC-098 1274.52 0 -90 416878.03 3638928.14 403.76 SCC-099 884.38 0 -90 417889.38 3640244.18 403.41 SCC-101 413.00 0 -90 416497.56 3641977.70 398.52 SCC-102 827.38 0 -90 417296.92 3640704.13 401.61 SCC-103 60.96 0 -90 418193.70 3640381.75 403.41 SCC-105 1029.30 0 -90 418191.23 3640379.99 403.37 SCC-106 583.84 0 -90 416778.25 3641213.11 399.68 SCC-107 1074.12 0 -90 418147.02 3640564.53 402.89 SCC-108 858.62 0 -90 417784.27 3641160.29 401.02 SCC-109 859.08 0 -90 418683.71 3640280.44 404.12 SCC-110 864.72 0 -90 418028.06 3640160.17 403.69 SCC-111 660.50 270 -80 417008.99 3640868.68 400.71 SCC-112 1025.96 0 -90 419308.34 3642467.19 402.20 SCC-113 994.26 0 -90 417884.49 3640163.04 403.46 SCC-114 808.33 0 -90 417813.02 3641022.92 401.16 SCC-115 931.77 0 -90 418681.36 3640094.45 404.61 SCC-116 726.80 0 -90 417146.53 3640564.25 401.85 SCC-117 865.02 0 -90 419306.02 3642153.74 402.88 SCC-118 381.30 140 -65 417417.71 3640383.83 402.69 SCC-119 998.83 0 -90 418578.25 3639929.89 404.45 SCC-120 980.54 140 -65 417420.01 3640394.62 402.29 SCC-121 760.48 0 -90 417209.98 3641376.31 400.09 SCC-122 921.56 0 -90 418670.19 3642608.75 400.94 SCC-123 819.00 0 -90 418725.74 3640391.65 403.77 SCC-124 710.79 0 -90 417084.51 3640552.05 401.73 SCC-125 890.78 0 -90 417752.24 3640419.02 403.13 SCC-126 404.93 320 -67 417989.50 3639469.24 404.92 SCC-127 922.02 0 -90 418552.77 3642755.03 400.57 SCC-128 692.96 0 -90 417190.79 3641372.90 399.89 SCC-129 832.10 0 -90 418797.13 3642463.12 401.96 SCC-130 779.37 0 -90 417319.37 3641159.72 400.54 SCC-131 873.86 0 -90 417824.53 3640265.41 403.27 SCC-132 898.70 0 -90 417811.64 3640205.68 403.33 SCC-133 890.93 0 -90 418805.68 3642752.53 400.87 SCC-134 931.62 0 -90 417680.93 3640420.55 402.97 SCC-135 829.05 0 -90 418533.85 3642469.33 400.44 SCC-136 803.76 46 -65 417220.76 3640663.25 401.58 SCC-137 865.94 0 -90 417832.69 3639917.12 404.12 SCC-138 698.44 0 -90 419055.11 3642467.98 402.01 SCC-139 738.68 0 -90 418924.95 3642317.18 401.83 SCC-140 882.70 0 -90 419181.58 3642320.24 402.23 SCC-141 790.80 0 -90 417302.28 3640188.93 403.17 SCC-142 670.71 0 -90 417220.01 3640665.01 402.00 SCC-143 590.09 0 -90 417425.00 3641235.00 400.60 SCC-144 ACTIVE 0 -90 419312.21 3642808.32 401.50 SCC-145 ACTIVE 0 -90 417287.32 3639722.29 404.28 SCC-146 ACTIVE 143 -65 417220.01 3640665.01 402.00 SCC-147 ACTIVE 0 -90 417425.00 3641235.00 400.60 SCC23-GT-001 1141.78 100 -70 417173.73 3639854.53 403.76 SCC23-GT-002 874.01 140 -75 416984.10 3640452.52 402.07 SCC23-GT-003 733.65 45 -80 416815.48 3640960.90 400.52 *Note – select drill holes located outside of the project area are not shown on the table.
- Santa Cruz Project Drill Location Map