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TECHNICAL REPORT AND RESOURCE ESTIMATE ON THE ALOUS COPPER

TECHNICAL REPORT AND RESOURCE ESTIMATE ON THE ALOUS COPPER 2025

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The document is a technical report detailing the Alous Copper-Silver property in Morocco, prepared for Odyssey Resources Limited by P & E Mining Consultants Inc. It includes an assessment of the property's geological setting, historical exploration, and resource estimates compliant with NI 43-101 standards. The report outlines the mineralization types, previous metallurgical studies, and drilling results from a 2006 program that confirmed earlier findings. The estimated resources are categorized into Indicated and Inferred, with recommendations for further drilling to upgrade these resources. The report emphasizes the potential for economic viability based on current data.

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What is the throughput of Cerro Verde?

The system design includes a 3.9 kilometre (km), 48.0-inch diameter high density polyethylene (HDPE) launder with a 34 million tonnes per year (mt/y) throughput to deliver tailings from the thickeners to a cyclone station near the dam.

What is the capacity of Cerro Verde?

Cerro Verdes operation includes 2 concentrating facilities with an annual average permitted milling capacity of 409,500 metric tons of ore per day.

What is the estimate of undiscovered copper resources of the world?

Assessment results for identified and undiscovered copper worldwide, by region. Using a geology-based assessment methodology, the U.S. Geological Survey estimated a mean of 3,500 million metric tons of undiscovered copper among 225 tracts around the world.

Who owns the Cerro Verde mine?

Cerro Verde mine Location Products Copper, Molybdenum Owner Company Freeport-McMoran 53.5%, Sumitomo Metal Mining 21% Website Cerro Verde Mine4 more rows

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