Project Summary

Overview of Evidence for Extensive Project Upside Potential

High priority drill targets

Location of the center of the porphyry system and other high priority drill target are well understood based on geophysics, drill samples, surface samples, and surface goelogic and alteration mapping.

Extensive mineralized surface area

remains unexplored >1,800 acres.

Deep portion of the mineralization 350-1,000m depth is primarily unexplored

across 20,000 acres and lends itself to bulk underground mining methods.

Multiple unexplored rill targets identified

(e.g. stockworks, gossans, and surface structures discovered and mapped in 2019-2020)

Coarse gold and high grade

Corse gold and high grade chanels and trenching are not included in MRE but can be developed as a major contributor to future MRE with denser fill drilling.

Multi-element mining potential

currently not considered in MRE (Cu and Mo).

Blue sky scoping study shows bulk underground potential with encouraging drill

underground potential with encouraging drill results in 1,000m drill holes and open pit potential with further definition/infill.