Muriel-MarR Multi-Commodity Project - 7,280 Hectares

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 The Muriel-Marr Project is a district-scale, road-accessible exploration property located approximately 85 km north of Equinox Gold’s Greenstone Mine, within the Tashota–Onaman Greenstone Belt of northwestern Ontario, a region   known to host VMS-style and hydrothermal gold-bearing systems . The project covers approximately 25 km of prospective volcanic stratigraphy positioned along a subprovince boundary,

The broader district is experiencing renewed exploration interest. IAMGOLD Corp. is advancing the nearby past-producing Louanna Gold Mine through acquisition of Northern Superior Resources in December 2025, and Kenorland Minerals has recently staked a large, directly adjoining land package known as their Kowkash Project. This consolidation of ground by active exploration companies increases the likelihood of near-term regional exploration activity and news flow.

The Muriel-Marr Project was originally staked to cover large (~200 m × 600 m) tourmaline-bearing pegmatite bodies hosted in mafic volcanic rocks proximal to a peraluminous granite. This geological setting is considered analogous to discovery environments that contributed to the Company’s NWOPA Discovery of the Year awards in 2023 and 2024.

Subsequent strategic staking by Last Resort Resources and Bounty Gold Corp. significantly expanded the property footprint as adjacent ground became available. This expansion captured multiple high-grade Cu-Au-Ag-Zn occurrences spatially associated with numerous electromagnetic conductors, including a prominent conductive trend extending up to ~8 km in strike length.

The presence of multiple mineralization styles and commodities across a large, contiguous land position enhances optionality and reduces the exploration risk typically associated with greenfield projects.

• Skarn and contact-related sulphide mineralization with high-grade Cu–Au–Ag
   
• VMS-style polymetallic mineralization associated with felsic–mafic volcanic contacts and strong EM conductors
   

(Historic results; not NI 43-101 compliant)

Holland-Chellew Occurrence
Historic trenching (early 1900s) exposed massive sulphides. Reported assays include up to 12% Cu, 3 g/t Au, 185 g/t Ag, 33% Pb, and 5.7% Zn (Kindle, 1932). This occurrence has not been relocated by previous operators.

J.J. Perry Trench
Historic values reported up to 16.22% Cu and 221.5 g/t Ag (Kindle, 1932). Later sampling returned 2.11% Cu, 125 ppb Au, 857 ppm Co, and 1.53% Cu with 1,185 ppm Co (Carter, 2001).

Kindle Trench
Assays reported up to 4.23% Cu, 3.88 g/t Au, and 43.1 g/t Ag (Kindle, 1932), with results confirmed by Noronex Ltd. (2018).

Galena Vein Trench
Reported values of 5.8% Zn, 52.1 g/t Ag, and 0.34 g/t Au (Eveleigh, 1994).

Noronex Ltd. (2018–2022) conducted confirmation sampling at the J.J. Perry, Kindle, and Galena trenches, validating the presence of base and precious metal mineralization and confirming the continued relevance of historic showings under modern exploration standards.

• Relocation and ground-truthing of the Holland-Chellew and other historic occurrences
   
• Prospecting to identify the bedrock source of gold-in-soil anomalies identified in 2022
   
• Follow-up exploration on the east and west extensions of the ~8 km EM conductor trend hosting multiple sulphide occurrences
   
• Evaluation of tourmaline-bearing pegmatites in the eastern portion of the property for LCT-style mineralization (potential spin-out or JV opportunity)
   

Muriel-Marr Project Data Room