Target: Copper-Cobalt-Gold (Cu-Co-Au) VMS Deposits

• Located in the “mining hub” of Newfoundland, 320 km northwest of St. John’s, easily accessible by paved road
• Historic non-compliant (NI43-101) mineral resource estimate of 1 Mt grading 1 % Cu at Sterling Mine
• Results from historical drilling indicate minable grades, with drill intersections of up to 5.5% Cu over 4.4 metres
• The last significant drilling was completed in the late 1960’s
• Recent sampling at Lady Pond indicates prospective critical minerals copper grades exceeding 19 % Cu accompanied by cobalt grades up to 0.2 % Co
• Logistically well located near the town of Springdale with well-established infrastructure, offering cost-effective exploration solutions

Drill Ready

• Six other high-priority targets have been identified: Lady Pond, Twin Pond, Sullivan Pond, Anvil, Buckshe Brook, and Old Mines
• The property exhibits excellent potential for discovering new Volcanogenic Massive Sulphide (VMS) / Critical Minerals deposits

Project is drill ready

• Ten VMS targets identified on project
• Sterling Mine / Twin Pond – 1Mt historic resource grading 1% Cu
• Recent grab sampling returned prospective high-grade copper and cobalt grades from widely separated sites.
• Lady Pond grab samples have graded up to 19% Cu, 0.2% Co and 0.5 g/t Au – Very prospective target
• Historic geological, geochemical, geophysical surveys, and 13,856 m in 84 holes of drilling completed on property

Exploration Plan and Budget

• Evaluate the historic “resource” at the Sterling Mine / Twin Pond deposit
• Evaluate all known mineral prospects at the property scale
• Total budget estimate – $580,000

Sterling Mine / Twin Pond Deposit

• • Compile and model historical drilling data
  • Complete induced polarization survey
  • Drill 7-10 holes, up to 2,000 m to validate the mineralized domains hosting the historical “resource”
  • Expand the mineralized domains along strike and down dip
  • Complete downhole Pulse EM geophysics

Property Scale Exploration

• • • Compile exploration data and model historical drilling data for other polymetallic prospects
    • Drill test Lady Pond target (copper-cobalt rich)
    • UAV (drone) geophysics – 200-line km magnetics
    • Trenching/Pitting on base metal targets
    • Surface sampling / soil geochemical program

Twin Pond drill section illustrating copper grades
DDH SP-68-23 graded 4.2% Cu over 3.35 m
DDH SP-69-26 graded 0.8% Cu over 30.5 m