Centerra Gold (TSX: CG, NYSE: CGAU)

Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye.

The Company also owns the Kemess Project in British Columbia, Canada, the Goldfield District Project in Nevada, United States, and owns and operates the Molybdenum Business Unit in the United States and Canada.

Lion Rock Resources (TSXV: ROAR)

Lion Rock Resources (TSXV: ROAR, OTCQB: LRRIF, FSE: KGB) is advancing the Volney Project in South Dakota's Black Hills, where Phase 1 drilling has delivered a new gold discovery and confirmed a multi-commodity critical mineral system. The Company completed 3,600 metres of diamond drilling across 15 holes in the first modern drill program ever conducted at Volney.

All nine gold holes returned mineralization, defining a zone 500 m long, 400 m wide, and 200 m deep across multiple zones that remain open in every direction. Near-surface geometry supports bulk-tonnage mining potential. Critical mineral assays confirmed lithium, tin, tantalum, and additional critical minerals within an LCT pegmatite system. All minerals are on the current US Critical Minerals List.

The 142-hectare project sits entirely on private land with surface and mineral rights, enabling year-round access and rapid permitting. Volney is located near the historic Homestake Mine (40+ Moz Au) and Coeur Mining's Wharf operation. Additional critical mineral assays remain pending and will be announced as received. The Company is funded through a $5.3 million financing closed in Q3 2025 and is planning an expanded Phase 2 program.

Minera Alamos (TSXV: MAI)

Minera Alamos Inc. (soon to be renamed Mining Americas Inc.) is a growing North American gold production and development company with projects in Nevada, Arizona, and Mexico. The Company owns the Pan Operating Complex in White Pine County, Nevada, comprised of the producing Pan mine and the adjacent permitted Gold Rock project, as well as the nearby past-producing Illipah project.

The Company also owns the Copperstone project in La Paz County, Arizona, a permitted, advanced underground gold project. The Company maintains a portfolio of high-quality Mexican assets, including the Cerro de Oro project, an open pit heap leach gold development project in northern Zacatecas.

The Company’s strategy is to become a leading, U.S.-focused intermediate gold producer by growing production at its Pan Operating Complex and developing its pipeline of high-quality, low-capital projects while expanding gold resources across its portfolio.

The Company recently announced a proposed name change to Mining Americas Inc., subject to shareholder vote at its June 25, 2026 AGM. See the News Release dated May 11, 2026 for more details.

New website coming soon: https://www.miningamericas.gold/

Argenta Silver (TSXV: AGAG)

Argenta Silver Corp. is a growth-oriented exploration company focused on unlocking high-grade silver resources essential to the global energy transition. Its flagship 100%-owned El Quevar Project in Salta, Argentina, covers 57,000 hectares within a prolific mining jurisdiction and remains largely underexplored, with only ~3% systematically evaluated to date, highlighting significant discovery upside. El Quevar is supported by exceptional existing infrastructure, including established site access, a fully operational camp, and proximity to rail, gas, and major road networks. This foundation provides a capital-efficient platform to advance exploration and streamline the path toward development. The foundational Mineral Resource Estimate of the Yaxtché deposit within El Quevar hosts an indicated mineral resource of 45.3 million ounces of silver from 2.93 million tonnes grading 482 g/t Ag, and an inferred resource of 4.1 million ounces from 0.31 million tonnes grading 417 g/t Ag (see website for more details). The mineral resource area remains open at depth and on both ends to the southeast and northwest. Recently, Argenta is led by a seasoned team with a track record across exploration, capital markets, and project development. The Company is executing a disciplined, data-driven strategy to expand and enhance the scale of the resource, while maintaining a strong commitment to responsible mining practices. With silver playing an increasingly critical role in electrification, renewable energy, and advanced technologies, Argenta is well positioned to deliver leveraged exposure to a high-quality, scalable silver system in a favourable jurisdiction.

Elevate Uranium (ASX: EL8)

Elevate Uranium is one of the most active uranium focused companies listed on the ASX. Elevate Uranium has been proactive through the period of low uranium prices, building the company through organic and inorganic growth. Elevate Uranium has geographically diverse assets with a successful exploration program in Namibia with significant upside potential, and recently acquired assets in Australia.

These assets are high value assets in their own right, but when Elevate Uranium applies its proprietary beneficiation process (U-pgrade™), the value addition takes these assets to another level. U-pgrade™ is a patented beneficiation process developed in house and has the potential to reduce the capital and operating costs by 50% compared to conventional technology.

U-pgrade™, a process that no other uranium company has, provides Elevate Uranium with a strategic advantage which clearly differentiates it from its peers.

West Red Lake Gold (TSXV: WRLG)

West Red Lake Gold Mines is ramping up its first gold mine, which is the Madsen mine, with a view to achieving operational stability and commercial production very early in 2026. Madsen is a high-grade underground gold mine that operated historically; the restarted mine will produce approximately 50,000 oz. in 2026 as one of very few new single-asset operators in this gold market. By 2028 the company plans to boost output to 100,000 oz. per year by boosting output at Madsen some and putting its nearby Rowan project into production. Production growth of this scale is rare in the gold space.

First Majestic Silver (NYSE: AG, TSX: AG)

First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates four producing underground mines in Mexico: the Los Gatos Silver Mine (the Company holds a 70% interest in the Los Gatos Joint Venture that owns and operates the mine), the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, and the La Encantada Silver Mine, as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, U.S.A.

First Majestic is proud to own and operate its own minting facility, First Mint, LLC, and to offer a portion of its silver production for sale to the public. Bars, ingots, coins and medallions are available for purchase online at www.firstmint.com, at some of the lowest premiums available.

Andean Precious Metals (TSX: APM)

Andean is a growing precious metals producer focused on top-tier jurisdictions in the Americas. The Company owns and operates the San Bartolomé project in Potosí, Bolivia and the Soledad Mountain mine in Kern County, California, and is well-funded to act on future growth opportunities. Andean’s leadership team is committed to creating value; fostering safe, sustainable and responsible operations; and achieving our ambition to be a multi-asset, mid-tier precious metals producer.

Millennial Potash (TSXV: MLP)

Millennial Potash Corp. (TSX.V: MLP | OTCQB: MLPNF | FSE: X0D) is a development-stage potash company advancing the Banio Potash Project in Gabon, West Africa. The updated 2025 Mineral Resource Estimate outlines 2.45 Bt Measured & Indicated and 3.56 Bt Inferred, both grading 15.6% KCl, across only ~5% of Millennial's ~1,500 km² land position. Banio's Atlantic coastal location supports strong PEA economics — US$1.07B post-tax NPV₁₀, 32.6% IRR, and US$61/t OPEX — with direct shipping access to Brazil, the U.S., and Africa. With a Definitive Feasibility Study and ESIA underway and US$3M in non-dilutive funding from the U.S. DFC, Banio is positioned as a strategic, low-cost, long-life supplier to global fertilizer markets.

A2 Gold (TSXV: AUAU, OTCQX: AUXXF, FRA: RR7)

A2Gold Corp. owns three highly prospective gold projects in the United States all of which are in the mining-friendly jurisdiction of Nevada. A2Gold’s flagship, district-scale Eastside Gold-Silver Project hosts a large and expanding gold and silver resource and is in an area of excellent infrastructure.

Aftermath Silver (TSXV: AAG, OTCQX: AAGFF, FRA: FLM1)

Aftermath Silver Ltd. is a high-profile junior development / exploration company listed on the Toronto Venture Exchange (TSX-V: AAG) and the OTCQX (OTC: QX AAGFF).

The 100% owned Berenguela project in southern Peru is the Company's flagship asset. The Berenguela deposit hosts a major silver (122m M&I and 20m Inferred silver ounces), copper and manganese resource positioning Aftermath as a key source of critical metals.  In addition to the large silver and copper resource, Berenguela has the potential to be a globally significant producer of High Purity Manganese Sulphate for the electric vehicle and battery industry.

Berenguela is one of Latin America’s pre-eminent development projects. The Project is close to rail, water, power and road access. Mineralization begins at surface and an updated NI43-101 resource was released in November 2025 which increased the Measured and Indicated Resource by 21%. The Company will be completing a Pre-Feasibility Study in Q1, 2027

Aftermath will be conducting follow up drilling on the recent high-grade silver, copper and manganese intersections in the eastern part of the deposit (156 metres from surface grading 290g/t silver, 1.22% Copper and 7.3% manganese). The team is also preparing to drill a highly prospective area 5km southwest of the Berenguela Deposit where high grade copper skarn mineralization has been observed at surface above a large geophysical anomaly.

The Company will also be drilling at the Challacollo silver project, located in northern Chile, aimed at expanding the current resource and drill testing the known veins. The current Resource at Challacollo is 35m ounces of silver in Measured and Indicated with a further 10m Inferred ounces of silver. Challacollo is located off the Pan American Highway in Region 2 Chile.

Senior Management and the Board of Directors have both technical and capital market experience, with a focus on Latin and North America. They have collectively been involved in numerous M&A transactions, raising over $1-billion dollars since 2010, and the technical team has been involved in multiple production scenarios. Approximately 25% of issued and outstanding shares are held by noted resource investor Mr. Eric Sprott. Aftermath Silver is currently one of Mr. Sprott’s largest holdings.

Allied Critical Metals Inc (CSE: ACM, OTCQB: ACMIF, FSE: 0VJ0)

Allied Critical Metals Inc. is a Canadian-based mining company advancing the redevelopment of its 100%-owned, past-producing Borralha Tungsten Project and the Vila Verde Tungsten Project in northern Portugal. The Company is focused on becoming a leading, secure Western supplier of tungsten—one of the world’s most strategically critical metals—essential for defense systems, industrial manufacturing, energy infrastructure, and next-generation technologies. Allied’s flagship Borralha Tungsten Project is underpinned by a robust initial Preliminary Economic Assessment (PEA), demonstrating strong project economics, including an NPV of $963.8 million (USD $706.4 million) at USD $1,500/mtu WO₃ (Current price is over $3,200/mtu WO3), an IRR of 78.4%, and a payback period of approximately 1.2 years. The study outlines a low-cost operation with projected life-of-mine operating costs of approximately US$59.3/mtu WO₃ and initial capital expenditures of approximately US$91.5 million, positioning Borralha as a high-margin, near-term production opportunity within the European Union.

ATEX Resources (TSX: ATX, OTCQX: ATXRF)

ATEX is exploring the Valeriano Copper-Gold Project which is located within the emerging copper gold porphyry mineral belt linking the prolific El Indio High-Sulphidation Belt to the south with the Maricunga Gold Porphyry Belt to the north, located in the Atacama Region, Chile. This emerging belt, informally referred to as the Link Belt, hosts several copper gold porphyry deposits at various stages of development including, Filo del Sol (Lundin Mining/BHP), Josemaria (Lundin Mining/BHP), Lunahausi (NGEx Minerals), La Fortuna (Teck Resources/Newmont) and El Encierro (Antofagasta/Barrick). Valeriano hosts a large, high-grade, copper-gold porphyry Mineral Resource: an Indicated Resource of 475 Mt at 0.88% CuEq (0.58% Cu, 0.25 g/t Au, 1.39 g/t Ag and 70.4 g/t Mo) at a cutoff grade of 0.35% Cu, and an Inferred resource of 1,511 Mt at 0.75% CuEq (0.50% Cu,0.20 g/t Au, 1.16 g/t Ag and 70.6 g/t Mo) at a cut-off grade of 0.35% Cu, as reported on September 23, 2025.

BP Silver Corp (TSXV: BPAG, OTCQB: BPSCF)

Projects in Bolivia. The Company’s flagship asset, the Cosuño Project, is strategically located in the prolific Bolivian silver belt, a region with a rich mining history and significant untapped discovery potential. With a strong technical team and a disciplined exploration strategy, BP Silver is positioned to unlock value for its shareholders through the discovery and development of major silver deposits.

Bradda Head Lithium (AIM: BHL)

Bradda Head Lithium is a new breed of lithium explorer with unique exposure across all three main recognised lithium deposit types; brine, hard rock (or pegmatite) and sedimentary (or clay).

The Company has projects in the USA, a growing and strategically important lithium end-user market. All projects are 100% owned and are located in close proximity to infrastructure and end-users – a distinct advantage over competitors and helping to fill the low carbon lithium supply gap for US domestic users.

Cerrado Gold Inc. (TSXV: CERT, OTC: CRDOF)

Cerrado Gold is a Toronto-based gold production, development, and exploration company. The Company is the 100% owner of the producing Minera Don Nicolás and Las Calandrias mine in Santa Cruz province, Argentina. In Portugal, the Company holds an 80% interest in the highly prospective Lagoa Salgada VMS project through its position in Redcorp - Empreendimentos Mineiros, Lda. In Canada, Cerrado Gold is developing its 100% owned Mont Sorcier Iron project located outside of Chibougamau, Quebec. In Argentina, Cerrado is maximizing asset value at its Minera Don Nicolas ("MDN") operation through continued operational optimization and is growing production through its operations at the Las Calandrias heap leach project and the Paloma Underground. An extensive campaign of more than 50,000 metres exploration is ongoing to further unlock potential resources in our highly prospective land package in the heart of the Deseado Masiff. In Portugal, Cerrado is focused on the development and exploration of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt in Portugal. The Lagoa Salgada project is a high-grade polymetallic project, demonstrating a typical mineralization endowment of zinc, copper, lead, tin, silver, and gold. Extensive exploration upside potential lies both near the deposit and at prospective step-out targets across the large 7,209-hectare property concession. In Canada, Cerrado is developing its 100% owned Mont Sorcier high-purity, high-grade, direct-reduced iron project. The Mont Sorcier project has the potential to produce a premium 67% iron concentrate over a long mine life at low operating costs and low capital intensity.

Galleon Gold Corp (TSXV: GGO)

Galleon Gold’s West Cache Gold Project in Timmins, Ontario is located between Pan American Silver’s Timmins West Mine and Discovery Silver’s Hollinger Mine. Led by perennial mine builder David Russell, the Company is gearing up for its first test mining on the project. The 86,500 tonne underground bulk sample is expected to produce approximately 20,000 ounces of gold, adequately covering the development costs, and will provide valuable data for pre-feasibility studies. Galleon Gold’s strategy is to systematically de-risk the project while continuing to grow the asset through exploration.

GFG Resources Inc. (TSXV: GFG, OTCQB: GFGSF)

Gold explorer with 3 district scale assets in Timmins Gold District in Ontario, Canada. Projects are adjacent to Agnico, Newmont, IAMGold, Pan American, McEwen, Mayfair and Onyx.

A trusted team with a proven track record in exploration, development and production. Transformed our last company from a C$20M market cap to C$700 when we sold it to SSRM Mining.

Strategic investment by Alamos Gold & back by Lundin Family Fund, Gold 2000, US Global to name a few.

GoGold Resources (TSX: GGD, OTCQX: GLGDF)

GoGold's Management Team are veterans of successful mine development and operation in Mexico. In addition to their extensive business and government relationships, they have the knowledge, experience and financial acumen required to turn properties into profitable producing mines.

Brad Langille, GoGold's President and CEO, is a successful mine builder. He, along with Board Chairman John Turner and other members of the senior executive have raised hundreds of millions of dollars in capital markets to bring mines into production. The founders and senior management have a proven history of strategically building ounces, forming long-term financial alliances, and creating thousands of jobs.

Utilizing their international list of institutional and retail contacts, writer's coverage, and strategic media placement, GoGold continues to aggressively market the company.

Hayasa Metals (TSXV: HAY, OTCQB: HAYAF, FSE: FR20)

Hayasa Metals Is a junior exploration company listed on the TSXV under the ticker HAY. HAY controls two properties in Armenia: Vardenis is a 94 km^2 copper-moly porphyry - on which Hayasa has a an option agreement with Teck Resources where they spend US$15mln before the end of 2029 to earn 70%. The other is Urasar, a copper gold, multi-element deposit. We are drilling in June on this property on the back of a late season hole that resulted in 39m of 0.5% copper near surface. We intend to add up to three more properties this year.

Jaguar Mining Inc (TSX: JAG)

Jaguar Mining Inc. is a Canadian-listed mid-tier gold producer, developer, and explorer focused on Brazil’s prolific Iron Quadrangle, a premier greenstone belt in Minas Gerais. The Company operates three gold mining complexes and holds a large, highly prospective land package with significant exploration upside. A long-term operator in the region, Jaguar has been in continuous production since 2002, combining established operations with a strong pipeline of growth opportunities.

Lahontan Gold Corp (TSXV: LG, OTCQB: LGCXF)

Lahontan Gold Corp. is a Canadian mine development and mineral exploration company that holds, through its US subsidiaries, four gold and silver exploration properties in the Walker Lane of mining friendly Nevada. Lahontan's flagship property, the 28.3 km2 Santa Fe Mine project, had past production of 359,202 ounces of gold and 702,067 ounces of silver between 1988 and 1995 from open pit mines utilizing heap-leach processing. The Santa Fe Mine has a Canadian National Instrument 43-101 compliant Indicated Mineral Resource of 1,539,000 oz Au Eq (48,393,000 tonnes grading 0.92 g/t Au and 7.18 g/t Ag, together grading 0.99 g/t Au Eq) and an Inferred Mineral Resource of 411,000 oz Au Eq (16,760,000 tonnes grading 0.74 g/t Au and 3.25 g/t Ag, together grading 0.76 g/t Au Eq), all pit constrained (Au Eq is inclusive of recovery, please see Santa Fe Project Technical Report and note). The Company plans to continue advancing the Santa Fe Mine project towards production, update the Santa Fe Preliminary Economic Assessment, and continue drill testing its satellite West Santa Fe project during 2026.

Lithium Africa Corp (TSXV: LAF, FRA: 6MQ)

Lithium Africa Corp., listed on the TSX Venture Exchange in February 2026, is a multi-jurisdictional lithium exploration company focused on Africa's most prospective and underexplored hardrock pegmatite districts, holding an indirect 50% interest in over 4,200 km² of exploration assets across South Africa, Côte d'Ivoire, Guinea, Mali, Morocco, and Zimbabwe. Through a 50/50 joint venture with Ganfeng Lithium, one of the world's largest lithium producers, every dollar the Company raises is effectively doubled into the ground, pairing Lithium Africa's African geological expertise and local relationships with Ganfeng's lithium-sector capital and downstream reach. The flagship Springbok Project in South Africa is a past-producing brownfield spodumene asset with more than 40 known spodumene-bearing pegmatites and district-scale upside, anchoring a six-country portfolio built to deliver high-quality spodumene, sustainably, into the next lithium cycle.

Mayfair Gold Corp (TSXV: MFG, NYSE: MINE, FRA: 9M50)

Mayfair Gold is a gold mining company focused on unlocking the value of its 100%-owned Fenn-Gib gold project in Ontario, Canada, through a disciplined approach that focuses on a smaller scale, higher-grade initial development to mitigate risk, reduce upfront capital cost and proceed through the Ontario Provincial Permitting pathway to advance the project into production.

Mayfair is committed to the responsible development of the Fenn-Gib gold project, with a commitment to health, safety, and environmental stewardship. As part of that commitment, the Company will endeavour to build relationships based on trust and mutual respect with the Indigenous nations and communities in which we operate, with the goal of unlocking the value of Fenn-Gib in a collaborative approach.

The Fenn-Gib gold project is located within the prolific Timmins Gold District. The Project has a 4.3 million ounce indicated gold resource and is located 80km from Timmins, Ontario, 21km from Matheson, Ontario, and 10km from the Black Fox Mine (Owned by McEwen Mining). Accessible by way of Highway 101, allowing the Company to utilize existing access and infrastructure to advance the Fenn-Gib Gold project to production.

Mayfair is led by an experienced team with a background in capital markets and technical expertise. The team has a proven track record of recognizing opportunity and unlocking value through the execution and advancement of development stage mining assets into production. 39% insider ownership creates significant shareholder alignment. We believe in the potential of the Fenn-Gib Project and the value that can be created by advancing development stage assets to production. 

Midnight Sun Mining (TSXV: MMA, OTC: MDNGF)

Midnight Sun is rapidly advancing the Solwezi Copper Project, with a focus on our flagship Dumbwa Deposit. The Project is located near the town of Solwezi in the heart of the Zambia–Congo Copperbelt, the world’s second-largest copper-producing region. This prolific mining district is renowned for hosting multiple major copper deposits, and benefits from excellent infrastructure, an established mining workforce, and a long history of successful production. The Solwezi Copper Project is surrounded by producing copper mines, including the geologically similar Lumwana Mine just west of our project and First Quantum’s Kansanshi Mine, Africa’s largest copper mining complex, approximately 6 kilometres east of the company’s recently announced Kazhiba Oxide Resource. This highly favourable location highlights the district-scale potential of Midnight Sun’s land package. The Dumbwa Deposit sits beneath a robust 20-kilometre copper-in-soil anomaly peaking at 0.73% copper at surface, and ongoing drilling has already delineated 5 kilometres of drilled strike extent. The company is targeting +1 billion tonnes at 0.5% copper at Dumbwa. The Dumbwa Deposit bares strong geological similarities to the nearby Lumwana deposit, underscoring its potential to be the Domes Region’s newest major copper deposit. The company is currently employing 5 drill rigs, and averaging 10,000 metres drilled per month, expecting to reach 12 kilometres of initial drilled strike extent by the end of 2026. Led by an experienced geological team with a proven track record of major discoveries in the Zambia–Congo Copperbelt and globally, Midnight Sun’s goal is to deliver Zambia’s next generational copper deposit, when the world needs it most.

Mineros S.A. (TSX OTC: MSA, BVC: MNSAF)

Mineros is a Latin American gold mining company headquartered in Medellin, Colombia. The Company has a diversified asset base, with mines in Colombia and Nicaragua and a pipeline of development and exploration projects throughout the region.

The board of directors and management of Mineros have extensive experience in mining, corporate development, finance and sustainability. Mineros has a long track record of maximizing shareholder value and delivering solid annual dividends. For over 50 years Mineros has operated with a focus on safety and sustainability at all its operations.

Pinnacle Silver & Gold Corp (TSXV: PINN, OTC: PSGCF, Frankfurt: P9J)

Pinnacle Silver and Gold Corp. (TSXV: PINN) is an Americas-focused silver-gold exploration and development company. The recently acquired high-grade gold-silver El Potrero Project in the prolific Sierra Madre Trend of Durango, Mexico presents on opportunity for near-term resource development and production. With a proven business model of restarting past-producing mines and building the Company out of cash flow, Pinnacle’s seasoned and highly successful management team is committed to preserving and building long term, sustainable value for shareholders. Two highly prospective and 100% owned gold projects in the Red Lake Mining Division of Northwestern Ontario lie within 10-12 kilometres of the Springpole Gold Deposit currently under development by First Mining Gold. The past-producing, high-grade Argosy Gold Mine is still open to depth and the adjacent North Birch Project offer additional opportunities for resource definition and district-scale discoveries.

Pursuit Minerals (ASX: PUR)

Pursuit Minerals (ASX:PUR) is an emerging pure-play on Argentina’s world class lithium and gold potential, advancing a dual-commodity platform designed for near-term development and long-term scale.

The Company’s flagship Rio Grande Sur Lithium Project in Salta hosts a 1.1 Mt LCE JORC resource and is underpinned by a fully operational pilot plant that has successfully produced 99.5 % lithium carbonate, validating commercial flowsheet design. A 5,000 tpa pre-feasibility study is now underway, targeting first small-scale production while positioning for modular expansion under Argentina’s emerging RIGI investment regime.

Complementing this, Pursuit has acquired the Sascha Marcelina Gold-Silver Project in Santa Cruz, a high-grade, drill-ready system within the prolific Deseado Massif, host to Tier-1 deposits such as Cerro Negro and Cerro Vanguardia. Historical drilling and geophysics confirm multiple mineralised vein corridors with bonanza-grade potential, offering a fast-track pathway to resource growth and discovery.

Through this focused platform, Pursuit delivers investors a pure, Argentina-centric exposure to two of the most strategic commodities of the decade: lithium for the energy transition and gold for value preservation supported by near-term development catalysts and significant exploration upside.

Santacruz Silver Mining (Nasdaq: SCZM)

Santacruz Silver is engaged in the operation, acquisition, exploration, and development of mineral properties across Latin America. In Bolivia, the Company operates the Bolivar, Porco, and Caballo Blanco mining complexes, with Caballo Blanco comprising the Tres Amigos and Colquechaquita mines. The Reserva mine, whose production is provided to the San Lucas ore sourcing and trading business, is also located in Bolivia. Additionally, the Company oversees the Soracaya exploration project. In Mexico, Santacruz operates the Zimapan mine.

Sierra Madre Gold and Silver (TSXV: SM, OTCQX: SMDRF)

Sierra Madre Gold & Silver (TSXV: SM; OTCQX: SMDRF) is a growing silver and gold producer focused on expanding operations and advancing exploration at La Guitarra mine in Mexico’s silver belt. In December 2025, the company also announced the acquisition of the past-producing Del Toro Silver Mine in Zacatecas State from First Majestic Silver. Del Toro Acquisition: The December 2025 acquisition agreement with First Majestic Silver – also the seller of the La Guitarra mine complex – would add fully permitted underground mines and a 3,000 tonnes-per-day flotation plant to the portfolio. Del Toro is aligned with Sierra Madre’s model of buying past-producing assets with infrastructure in place (the company previously completed a successful restart at La Guitarra, also purchased from First Majestic). The plan is to advance exploration, update the resource estimate, and prepare for a mine restart. A drilling program (~50,000 m) is anticipated ahead of an updated NI 43-101 report. Initial restart timing is targeted for mid-2027, with production potentially by mid-2028. La Guitarra Expansion: Following the successful transition of the Guitarra complex into commercial operations at the start of 2025, Sierra Madre is now advancing a two-stage expansion at the site. The first stage is expected to come on-line in Q2 2026, would increase throughputs by ~50% from the current 500 t/d run rate, to 750 to 800 t/d. A second stage would follow, growing run rates further to 1,200 to 1,500 t/d, a +100% increase from current levels.

Silver One Resources Inc (TSXV: SVE, OTCQX: SLVRF, FRA: BRK1)

Silver One is focused on the exploration and development of quality silver projects. The Company owns a 100%-interest in its flagship project, the past-producing Candelaria Mine located in Nevada. Potential reprocessing of silver from the historic leach pads at Candelaria provides an opportunity for possible near-term production.

The Company owns 636 lode claims and five patented claims on its Cherokee project located in Lincoln County, Nevada, host to multiple silver-copper-gold vein systems, traced to date for over 11 km along-strike.

Silver One also has 100% interest in the Silver Phoenix Project. The Silver Phoenix Project is a very high-grade native silver prospect, which lies within the “Arizona Silver Belt,” immediately adjacent to the prolific copper producing area of Globe, Arizona.

Silver Storm Mining Ltd (TSXV: SVRS, OTC: SVRSF, FRA: SVR)

Silver Storm Mining Ltd. holds advanced-stage silver projects located in the state of Durango, Mexico. Silver Storm is committed to advancing toward a potential near-term restart of its 100% owned La Parrilla Silver Mine Complex which includes a past-producing underground mine and 2,000 tpd mill. The Company also holds a 100% interest in the San Diego Project, one of the largest undeveloped silver projects in Mexico.

TriStar Gold (TSXV: TSG, OTCQX: TSGZF)

TriStar's Castelo de Sonhos gold project in Brazil is a permitted, open-pit development asset with robust PFS economics (updated May 2025). Key highlights: ~1.4 Moz reserves (2.5+ Moz total resources) 40% after-tax IRR and ~US$600M NPV5 at US$2,200 gold ~US$1,100/oz AISC and ~US$296M initial capex The project is technically straightforward: near-surface, open-pit, conventional metallurgy, low strip, strong recoveries, and existing infrastructure on Highway 163 in southern Pará.

Union Power Metals (CSE: UPPR, FRA: UPR, OTCQB: UPERF)

Union Power Metals Corporation is a mineral exploration company focused on advancing high-potential manganese projects in Slovakia, while maintaining exposure to uranium assets in Botswana. The Company is committed to responsible development and long-term value creation through the advancement of critical minerals essential to the global energy transition.

Wallbridge Mining Company (TSX: WM, OTCQB: WLBMF, FRA: WC7)

Wallbridge is focused on creating value through the exploration and sustainable development of gold projects along the Detour-Fenelon Gold Trend while respecting the environment and communities where it operates.

Wallbridge’s flagship project, Fenelon Gold, is located on the highly prospective Detour-Fenelon Gold Trend Property in Quebec’s Northern Abitibi region. A mineral resource estimate completed in 2023 validated the multi-million-ounce potential of the 100%-owned Fenelon and Martiniere properties, incorporating a combined 3.05 million ounces of indicated gold resources and 2.35 million ounces of inferred gold resources. Fenelon and Martiniere, located within an approximate 830 km2 exploration land package controlled by Wallbridge. The Company believes that these two deposits have good potential for economic development, especially given their proximity to existing hydro-electric power and transportation infrastructure. In addition, Wallbridge believes that the extensive land package is extremely prospective for the discovery of additional gold deposits.

Wallbridge has reported a positive Preliminary Economic Assessment on its 100%-owned Fenelon gold project with an estimated average annual gold production of 212,000 ounces over 12 years (see Wallbridge press release of June 26, 2023).