55 North Mining Inc. (the “Corporation”) and the board of directors (the “Board”) of the Corporation recognize the importance of corporate governance to the effective management of the Corporation and to the protection of its employees and shareholders. The Corporation’s approach to significant issues of corporate governance is designed with a view to ensuring that the business and affairs of the Corporation are effectively managed so as to enhance shareholder value. The Board fulfills its mandate directly and through its committees at regularly scheduled meetings or as required. Frequency of meetings may be increased, and the nature of the agenda items may be changed depending upon the state of the Corporation’s affairs and in light of opportunities or risks which the Corporation faces. The directors are kept informed of the Corporation’s operations at these meetings as well as through reports and discussions with management on matters within their particular areas of expertise.

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.

Aeris Resources is a mid-tier base copper and gold producer with a copper-dominant portfolio of high-quality assets. The Company’s portfolio includes two operating mines, a mine on care and maintenance, a life-long development project, and a highly prospective exploration pipeline. Aeris has a strong pipeline of organic growth opportunities supported by an active exploration program and continues to assess strategic merger and acquisition opportunities. Our strategy is built on an organic growth story, expanding and extending our asset base through disciplined development and exploration.

Aftermath Silver Ltd. is a junior development / exploration company listed on the Toronto Venture Exchange (TSX-V:AAG / OTC:QX AAGFF / FRA:FLM1). Given the extensive silver, copper and manganese resources at it’s flagship asset, Berenguela, Aftermath can be considered a top-tier Critical Metals company.

Berenguela is located in southern Peru, is one of Latin America’s preeminent development projects. Aside from having a large silver and copper resource, Berenguela also has the potential to be a globally significant producer of High Purity Battery Grade Manganese Sulphate for the Electric Vehicle industry.

The Project is close to rail, water, power and road access. Mineralization begins at surface and an updated NI 43 101 resource is expected in Q4 2025. The Company intends to complete a Pre-Feasibility Study in 2026. An announcement will be made following the release of the updated NI 43 101.

Aftermath is currently planning a drill program to follow up on recent high grade silver, copper and manganese intersections in the eastern zone and is currently permitting drill targets in a highly prospective area 4km from the Berenguela Deposit where Skarn mineralization has been observed at surface.

The Company also intends to drill the Challacollo silver project located in Northern Chile in 2026.Senior Management and the Board of Directors have been involved in numerous Merger and Acquisition transactions and have collectively raised in excess of one billion dollars for exploration and development since 2010.

The Company was recognized by the TSX:V as one of the top 50 Companies last year based on share price appreciation and liquidity Approximately 25% of issued and outstanding shares are held by noted investor Mr. Eric Sprott. Aftermath Silver is currently Mr. Sprott’s third largest holding.

Akobo Minerals is a Scandinavian-based gold exploration and mining company listed on Euronext Oslo. Headquartered in Oslo, Norway, the Company operates in the highly prospective Akobo region of southwest Ethiopia, within the underexplored Arabian-Nubian Shield (ANS) mineral belt. Akobo has successfully transitioned from explorer to producer through the development of the Segele gold mine, one of the world's highest-grade operating gold deposits, with an average reserve grade of 22.7 g/t gold. The Company combines gold production, resource growth, and district-scale exploration across a large land package with substantial discovery potential. Focused on operational excellence, responsible mining, and sustainable development, Akobo aims to expand production, grow its resource base, and create long-term value for shareholders, local communities, and other stakeholders.

Alaska Energy Metals is spearheading the development of a large-scale nickel project in the interior of Alaska, aiming to supply the essential strategic metals required to secure America’s energy future and drive the energy revolution.

Aldebaran Resources (TSXV: ALDE; OTCQX: ADBRF) has acquired an 80% interest in the Altar copper-gold project in mining-friendly San Juan province, Argentina. Altar is one of the largest undeveloped copper projects globally held by a junior - an updated Mineral Resource Estimate in November 2024 revealed 31.84 billion lb of copper and 6.79 million oz gold. A PEA will be released in Q4 2025, before the 121 conference, followed by a PFS in 2026. In 2024, Aldebaran signed an option agreement with Rio Tinto's Nuton group, whereby Rio can pay Aldebaran US$250 million over ~2 years to acquire a 20% interest in the project. Senior management has a track record of success, having previously sold Antares Minerals to First Quantum for $650 million./p>

Allied Critical Metals Inc. is a Canadian-based mining company focused on advancing its 100%-owned Borralha and Vila Verde Tungsten Projects in northern Portugal. Borralha hosts one of the largest undeveloped tungsten resources in the world and benefits from a favourable Environmental Impact Declaration, supporting its advancement toward feasibility and development. Vila Verde provides additional exploration and development upside within the same strategic jurisdiction. Tungsten is designated a critical raw material by both the United States and European Union, supporting defense, aerospace, manufacturing, automotive, electronics and energy applications. With China, Russia and North Korea dominating global supply and reserves, Allied is positioned to advance secure Western tungsten supp

Alpha (TSX-V:ALEX) is an exploration company that is advancing rapidly with a series of important discoveries of gold and base metals in its fully owned Kerkasha project (514 km²), located in Eritrea.

The Aburna gold prospectus is a new and exciting gold discovery that covers a very large area of 7.2 km x 2 km, where recent drillings have established a high-content discovery, with concentrations ranging from 18 m to 15.33 g/t Au, 49 m to 2.75 g/t Au, 16 m to 14.07 g/t Au, 9 m to 10 g/t Au and 23 m at 6.74 g/t Au.

The Anagulu gold and copper prospect includes recent drilling intersections of 108 m with 1.24 g/t of Au and 0.60% of Cu and 49 m with 2.42 g/t of Au and 1.10% of Cu within a porphyry unit, with a target exploration area of approximately 4 by 2 km. The company is also advancing in the exploration of the prospectus of massive vulcanogenic copper, zinc and gold sulfides from Tolegimja and more than 17 other prospects of gold and basic metals since its IPO in 2021.

The company is managed by a group of highly experienced and successful mining professionals, with a long history of successful success in the creation, development and sale of several discoveries of world-class gold and base metals in Eritrea, throughout the Arabian-Nubian Shield region and other regions of Africa.

Alvear Tungsten is an ASX listed, Argentina focused tungsten developer and explorer, aiming to rapidly restart a historic, high grade wolframite mine at its Nueva Santa Clara project. Located in Argentina's Catamarca province, Alvear holds a significant package of tenements surrounding the mine, including other historic tungsten mines and highly prospective ground. Alvear uses modern exploration and rapid development techniques in this historic mining precinct, targeting a hub and spoke model centred on Nueva Santa Clara, that delivers tungsten concentrate into the US and European critical minerals frameworks.

Americas Gold & Silver is a growing precious metals mining company with key assets in North America, focused on becoming a leading silver producer. In December 2024, the company acquired full 100% ownership of the Galena Complex in Idaho, USA, from 60%, in a deal with Eric Sprott – who holds ~20% as the largest shareholder – and a new management team led by Chairman & CEO Paul Huet. Americas also owns the Cosalá Operations in Mexico.

Recent strategic financings, including a C$50M bought deal (October 2024), a US$100M term loan (June 2025), and a $11.5M private placement from Ocean Partners, fully fund Galena's growth.

At Galena, Phase 1 No. 3 Shaft upgrades completed ahead of schedule in September 2025 doubled hoisting capacity, while Long Hole Stoping reintroduction has the potential to reduce mining costs by up to 40%. Targeting a return to >5M oz/yr silver production – restoring 2002 peaks – leverages high-grade discoveries like the 149 Vein (24,913 g/t Ag) and a massive ~200M oz silver resource. In September 2025, a breakthrough achieved >99% extraction of antimony, and as the only U.S. antimony producer, Galena has historically produced 20M+ lbs (~US$500M value) and recently (for the first time) reported a record 447,466 lbs of antimony produced YTD, unlocking a lot of potential revenue. Americas is evaluating options, including conversations with the U.S. Government, to potentially accelerate the development of a new U.S. antimony refinery. A 5-year multi-metal offtake agreement with Ocean Partners routes Galena concentrates to Teck's Trail Operations, making antimony payable from January 2026.

Q3 2025 silver production soared 98% YoY to 765,000 oz, driven by Galena efficiencies and Cosalá’s EC120 transition. Cosalá's EC120 zone is expected to reach full production by EoY. Americas is poised as a top North American silver play through efficiency, exploration, and critical minerals.

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.

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.

We are building an exciting portfolio of copper and gold porphyry assets in northeastern Kazakhstan.

Kazakhstan is rapidly emerging as one of the premium mining jurisdictions on the planet. It has attracted the attention of some of the world’s largest mining companies for its prospective geology, excellent infrastructure and supportive mining climate that understands and encourages mineral development.

We are advancing a portfolio of large scale, copper-gold projects in Pavlodar region of north-eastern Kazakhstan. The Company has assembled more than 3,000 square kilometers of mineral licenses located within the Central Asian Orogenic Belt. The region is a well-known mining district with large scale copper, gold and coal mines operating today and historically. Excellent infrastructure exists including high voltage powerlines, major highways and heavy rail along with an highly-skilled and knowledgeable mining workforce.

We have assembled a team with in-country knowledge and deep porphyry experience. Our management and technical teams bring a wide range of skills and expertise that will allow us to quickly identify, assess and advance our prospects in Kazakhstan through strong geological fieldwork and innovative data driven analysis.

With an early-mover advantage in a proven, yet under-explored copper-gold porphyry belt, we believe our exploration projects in Kazakhstan represent a true pioneer opportunity.

ATEX Resources (TSXV: ATX; OTCQB: ATXRF) hosts the Valeriano copper-gold project in Chile and is knocking on the door of joining the list of the top 10 undeveloped copper projects worldwide. Valeriano is adjacent to the El-Encierro deposit, operated by Antofagasta and in close proximity to other active projects in the area with ownership among Teck Resources, Newmont Mining, Lundin Mining and BHP.

The Company recently announced a Mineral Resource estimate, proving to be the largest copper discovery in Chile in over a decade with a combined 2 Bt of 0.78% CuEq. Building on the success of the Phase V exploration program, delivering the best drill results to date, ATEX has commenced Phase VI drilling focusing on new discoveries, defining the recently discovered high grade (+2% CuEq) breccia zone ("B2B") which is closer to surface, and further extending the high grade porphyry core and understanding the limits of the system which remains open in all directions with significant optionality and scalability.

Ausgold Limited is a Perth-based gold exploration and development company with a suite of projects located in some of Western Australia’s most prospective mineral provinces. Ausgold’s primary focus is the 100%-owned Katanning Gold Project (KGP), located 275km south-east of Perth and 40km north-east of the wheatbelt town of Katanning, where a Definitive Feasibility Study has defined the potential for a substantial new open pit gold mine with strong gold production and excellent financial returns over a 10-year mine life. First production from the KGP is targeted for late CY2027.

Avanti Gold Corp. ("Avanti", CSE: AGC ) is an exceptional gold exploration company working on a Tier-1 gold opportunity in the Democratic Republic of the Congo (DRC), in Misisi.

With the increase in geopolitical stability created by the most recent president, the DRC possesses vast gold resource opportunities. Thus, major companies, including Barrick and large Chinese mining companies, have invested billions into the same region. Retail and institutional investors have the unique opportunity to invest into gold as a robust store of value.

Avanti has an experienced team with an exceptional track record and is well-positioned to emerge as a world-class mining company.

Axel REE is a critical minerals exploration company which is primarily focused on developing the Caladão
REE-Gallium and Caldas REE Projects in Brazil, the third largest country globally in terms of REE reserves. Axel is advancing a modular development concept at Caladão based on in situ recovery (ISR) of ionic clay-
hosted rare earth mineralisation using magnesium sulphate leaching. This approach aims to minimise surface disturbance and capital intensity by deploying modular hydrometallurgical plants within wellfields. In parallel, Axel is progressing metallurgical programs to unlock additional value from gallium and scandium within the near-surface oxidised profile.

Axo Metals Corp. (TSXV: AXO) is a Canadian exploration and development company advancing high-potential copper and gold assets in Mexico. Its flagship La Huerta Copper Project in Jalisco hosts a +5 km high-grade mineralized trend with standout drill results. The recently acquired San Antonio Gold Project in Sonora is a brownfield past-producer with ~1.1 Moz Au resource, existing 4,000 tpd heap-leach infrastructure, and newly secured environmental approval, offering a low-capex path to near-term production. Headquartered in Halifax, Axo is focused on discovery, de-risking, and delivering shareholder value in one of the world’s premier mining jurisdictions.

Barton Gold (ASX:BGD) is an Australian gold developer with 2.25Moz Au and 3.1Moz Ag JORC Resources and the only gold mill in South Australia’s renowned Central Gawler Craton. The company is targeting 150,000ozpa gold production through a staged, lower-cost and lower-dilution development strategy, leveraging its existing mill into ‘Stage 1’ operations. Its Tunkillia Gold Project anchors a medium-term growth and scale strategy, with over $2 billion in operating profit during the first two years underwriting a less than 0.5 year payback on A$399 million capex. Barton has also announced one of the world’s highest grade silver discoveries during 2025 at its ‘Tolmer’ prospect with grades up to 17,600 g/t Ag. Tolmer’s March 2025 discovery hole (6m @ 4,747g/t Ag from 46m depth) ranked 1st globally by grade during 2025 on all markets. Barton has recently completed over 70,000 metres of upgrade and development drilling across its asset portfolio, with multiple gold and silver JORC Resource upgrades pending. A DFS for Challenger and a PFS for Tunkillia are both underway, targeting completion during Q1 CY27. A recent video presentation can be viewed here: Presentation to RIU Sydney Resources Roundup, 6th May 2026

Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) is an American-focused emerging primary silver developer systematically advancing the Tonopah West Project, situated in Nevada, USA. One of the highest-grade and lowest-cost primary silver projects in development globally amongst industry peers. The company is committed to establishing a secure, high-margin, domestic supply of silver and gold in the United States of America. The project hosts a current silver-gold resource exceeding 100 million silver-equivalent ounces, comprised of an Indicated resource of 40.1M oz AgEq at a block diluted grade of 454 g/t AgEq and an Inferred resource of 82.9M oz AgEq at a block diluted grade of 465 g/t AgEq, making this one of the highest-grade silver projects in development globally. A 2026 Updated Preliminary Economic Assessment (PEA) highlights the project’s robust potential, featuring an average annual production of 7.1 million ounces AgEq at an All-In Sustaining Cost (AISC) of $17.44 per ounce, representing one of the lowest-cost primary silver projects in the industry. The Company is backstopped by a veteran board and technical team with a proven track record of discovering, financing, and building major precious metal mines in Nevada and globally, and is committed to establishing a secure, high-margin, domestic supply of silver and gold within the prolific Walker Lane trend.

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 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.

Brazil Potash is developing the Autazes Project, a tier-one potash deposit located just 100 miles from Manaus and 5 miles from the Madeira River, offering a unique logistics and cost advantage in delivering fertilizer to Brazil’s agriculture belt.

Brunswick Exploration is a Montreal-based mineral exploration company listed on the TSX-V under symbol BRW. The Company is focused on grassroots exploration for lithium in Canada, a critical metal necessary to global decarbonization and energy transition. The company is rapidly advancing the most extensive grassroots lithium property portfolio in Canada and Greenland

C3 Metals Inc. is a mineral exploration company focused on creating substantive value for its shareholders through the discovery and development of large copper and gold deposits. The Company holds approximately 31,000 hectares located in the prolific high-grade Andahuaylas-Yauri Porphyry-Skarn belt of Southern Peru, which contain the Company’s Jasperoide and Khaleesi projects. Mineralization at Jasperoide is hosted in a similar geological setting to the nearby major mining operations at Las Bambas (MMG), Constancia (Hudbay) and Antapaccay (Glencore). At Jasperoide, the Company has identified over 13 skarn prospects and an outcropping porphyry system over two parallel 28km belts. The Company has published a maiden resource estimate on the first of these skarn targets, which contained Measured & Indicated Resources of 52Mt at 0.5% copper and 0.2 g/t gold1. The Company is also actively exploring in Jamaica where it has identified 16 porphyry, 40 epithermal and multiple volcanic redbed copper prospects over a 30km strike extent. The Company holds a 100% interest in 17,855 hectares of exploration licenses, of which Freeport-McMoRan Exploration Corporation, a wholly-owned affiliate of Freeport-McMoRan Inc. (NYSE: FCX), has the option on 13,020 hectares to earn up to a 75% interest by funding up to US$75 million of exploration and project related expenditures. The Company also holds a 50% interest in 9,870 hectares in a joint venture with Geophsyx Jamaica Ltd, the largest mineral tenure holder in the country. Barrick Mining Corp. announced on May 1, 2024 that it had entered into an earn-in agreement with Geophysx Jamaica Ltd. on approximately 400,000 hectares of exploration licenses, several of which surround C3 Metals’ mineral concessions. Mining is currently the second largest industry in Jamaica, and historical mining dates back to the colonial eras of the 1500s (Spanish) and 1800s (British).

Key asset: Cuiu Cuiu gold district, Brazil. Located immediately NW of GMining’s Tocantinzinho gold mine. Six gold deposits and 50 peripheral targets have been identified to date. Recent drill results include 9.5m @ 87.4 g/t gold. Six drill rigs currently turning. Indicated and Inferred resources; 1.2Moz, with update planned for end 2026. Two stage development plan. Phase 1 under construction now (85% complete); initial 3000t/d heap leach mine with commercial production in Q4 2026. PFS study (Ausenco) July 2025 assumed $2500/oz gold price resulting in a post tax IRR of 78% and an AISC cost of $1200 per oz.

Cambria Gold Mines is a Canadian mining company headquartered in Vancouver, British Columbia, and its shares trade on the TSX-V under the ticker CAMB and on the OTCQX Market with the ticker CAMVF. Cambria is the 100% owner of the Premier Project and Red Mountain Gold Project that are located on Nisga’a Nation Treaty Lands, in the prolific Golden Triangle of northwestern British Columbia, as well as the large Mt. Margaret copper-gold porphyry deposit located in Washington State. For more information about the Company, please refer to the Company’s profile on SEDAR+ at www.sedarplus.ca or visit the Company’s web site at www.cambriagold.com.

Camino is a copper development company focused on advancing the Puquios copper project in Chile into construction and production, with construction permits secured to begin building the mine, planned to start in the first half of 2026. The Company is continuing discovery drilling at its Los Chapitos IOCG copper project in Peru to advance the asset toward resource delineation and development while pursuing new discoveries.

Canada Nickel is advancing its 100% owned Crawford Nickel Sulphide Project (“Crawford”) and progressing towards a construction decision by end of 2025. The Company has also invested $35 million in 2024 to unlock the Timmins Nickel District and demonstrate its potential to be one of the world’s largest nickel sulphide districts.

Crawford is located in the heart of the prolific Timmins, Ontario mining camp and is the second largest nickel reserve and resource globally. The Company also has a strong shareholder base with Agnico Eagle (11%), Samsung SDI (8.7%), joining Anglo American (7.6%) as cornerstone investors in 2024.

Capella Minerals Ltd is an exploration and development company focused on gold-copper projects globally.

Capella announced on September 2, 2025, the signing of a Definitive Agreement with Turkish gold mining company, Tümad Madencilik Sanayi Ve Ticaret A.S. ("Tümad"), for a staged earn-in on the Company's portfolio of precious and base metal projects in Finland and Norway. A total of 12,000m of diamond drilling is expected to be completed under this agreement on the Company’s Scandinavian portfolio in 2026.

On January 15, 2026, Capella announced an earn-in agreement on the district-scale Solana Iron-Oxide Copper-Gold (IOCG) Project in southern Spain. The Solana Project covers former high-grade copper-gold mining districts with 2026 exploration expected to evaluate both the resource potential of the extensive Solana vein systems plus targeting buried IOCG deposits.

Capella also retains a carried 10% interest through to production on the Løkken copper-cobalt-zinc VMS project of central Norway through a partnership with Teako Minerals Corp.

Capella also holds an equity position in Grit Metals Corp. ("Grit"; formerly European Energy Metals Corp), together with Net Smelter Royalties on the Savant Gold Project in Ontario, Canada (BeMetals Corp.) and the Central Finland Lithium Projects (Grit), as a result of the recent divestiture of non-core assets.

Capella’s management team has a wealth of technical and market experience, and a proven track record of success in finding and advancing mineral discoveries. Recent success stories for the Capella team include Mariana Resources Ltd (acquired by Sandstorm Gold in 2017) and Extorre Gold Mines (acquired by Yamana Gold in 2012).

Caspin Resources Limited (ASX Code: CPN) is a mineral exploration company based in Perth, Western Australia with expertise in early stage exploration and development. The Company has two Australian projects providing excellent exposure to new technology and battery mineral markets with excellent opportunity to add value through exploration and discovery.

Centauri Minerals Inc. is a mineral exploration company focused on Northern Argentina, a mining region of increasing global significance. Centauri holds a 100%-interest in a portfolio of exploration projects spanning approximately 40,000 hectares in the provinces of Salta, Jujuy, and Catamarca, which was spun-out from Aldebaran Resources Inc. The most advanced is the Rio Grande gold-copper project located in Salta, which has an independent National Instrument 43-101 compliant mineral resource estimate that highlights significant gold, copper and silver quantities. Centauri has offices and facilities in Salta, Argentina and Vancouver, Canada. Centauri Minerals Inc. trades on the TSX Venture Exchange with the symbol: CENT. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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.

Cash: US$543M (as at March 31, 2026)

Debt: Nil

Major shareholders: Van Eck Associates Corporation – 8.0% Donald Smith and Company – 7.1% Dimensional Fund Advisors – 6.3% The Vanguard Group – 4.1% Arrowstreet Capital – 3.7% Management ownership – 0.3%

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 Chibougamou, Quebec.

In Argentina, Cerrado is maximizing asset value at its Minera Don Nicolas operation through continued operational optimization and is growing production through its operations at the Las Calandrias heap leach project. An extensive campaign of exploration is ongoing to further unlock potential resources in our highly prospective land package in the heart of the Deseado Masiff.

In Portugal, Cerrado focused on the exploration and development 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 deposit and at prospective step-out targets across the large 7,209-hectare property concession. Located just 80km from Lisbon and surrounded by exceptional infrastructure, Lagoa Salgada offers a low-cost entry to a significant exploration and development opportunity, already showing its mineable scale and cashflow generation potential.

Cobra is a South Australian critical minerals developer, advancing two projects that have the potential to establish Cobra as a significant copper and rare earths developer in South Australia.

In 2023, Cobra identified the Boland ionic rare earth discovery at its Wudinna Project in the Gawler Craton - Australia's only rare earth project suitable for in situ recovery (ISR) mining. ISR is a low-cost, low-disturbance extraction method that eliminates the need for excavation, positioning Boland to achieve bottom-quartile recovery costs. The Company has produced an industry-leading, high purity Mixed Rare Earth Carbonate product, removing 100% of low value cerium.

In 2025, Cobra expanded its portfolio by optioning the Manna Hill Copper Project in the Nackara Arc, South Australia. The project contains multiple underexplored prospects with strong potential to deliver large-scale copper discoveries. Drilling results from Cobra so far yielded standout intersections including 74m at 1.02% copper and 62m at 1.0% copper, providing sufficient compelling evidence for economic scale.

In 2025, Cobra sold its Wudinna Gold Assets to Barton Gold (ASX: BDG) for up to A$15 million in cash and shares and future production payments.

Copper Giant is part of the Fiore Group, a private and well-established Canadian organization known for building successful, high-impact companies across the natural resource sector. Copper Giant was formed with a singular focus: to advance high-quality copper projects beyond resource definition responsibly, efficiently, and with long-term positive impact.

The Company is led by a team with uncommon experience, having successfully taken some of the few major copper mines developed in the past two decades from discovery through to construction.

Copper Giant's current focus is the Mocoa copper-molybdenum deposit in southern Colombia, one of the largest undeveloped resources of its kind in the Americas. Recent exploration success has revealed potential well beyond its original footprint, highlighting Mocoa as a broader district-scale opportunity — and the catalyst for the Company's name and evolution.

Guided by the values of respect and responsibility, and grounded in its Good Neighbor philosophy, Copper Giant is committed to creating enduring values for all stakeholders and playing a meaningful role in the global energy transition.

Coppernico is a mineral exploration company focused on creating value for shareholders and stakeholders through diligent project evaluation and exploration, in pursuit of the discovery of large-scale high-grade copper-gold deposits in the Americas. The Company’s management and technical teams have a successful track record of raising capital, discovery and the monetization of exploration successes. The Company’s objective is to become a leading advanced copper and gold explorer, and through its wholly owned Peruvian subsidiary Sombrero Minerales S.A.C., is currently focused on the Ccascabamba (previously referred to as Sombrero Main) and Nioc target areas within the Sombrero Project in Peru, its flagship project, while regularly reviewing additional premium projects to consider for acquisition.

The Sombrero Project is a land package of approximately 57,000 hectares (570 square kilometres) located in the north-western margins of the world-renowned Andahuaylas-Yauri trend in Peru. It consists of a number of prospective exploration targets characterized by copper-gold skarn and porphyry systems and precious metal epithermal systems. The Company’s NI 43-101 technical report, with an effective date of April 17, 2024, and as filed on SEDAR+ on May 23, 2024, focuses on the Ccascabamba and Nioc target areas of the Sombrero Project. The Tipicancha target was determined subsequent to the date of that report.

Common shares of Coppernico Metals Inc. are listed on the Toronto Stock Exchange under the symbol “COPR”, trades on the OTCQB Venture Market under symbol “CPPMF” and is quoted over the counter by certain dealers in the Unofficial Market of the Frankfurt Stock Exchange under the symbol “9I3”. More information about Coppernico can be found on the Company’s profile on SEDAR+ (www.sedarplus.ca).

Cornish Lithium is a pioneering mineral development company focused on securing a sustainable domestic supply of lithium for the UK. Founded in 2016, the company is developing two complementary projects that extract lithium from hard rock and geothermal waters using innovative technologies. Our ambition is to produce 20,000 tonnes of Lithium Carbonate Equivalent (LCE) annually for the batteries that power consumer electronics, electric vehicles and grid-scale energy storage. By responsibly developing one of Europe's largest known lithium resources, we are helping strengthen the UK's energy security, support economic growth, create high-quality employment and build a resilient domestic battery supply chain.

Cornish Metals is an exploration and development company focused on advancing its wholly owned and permitted South Crofty high-grade, underground tin project, located in Cornwall, UK, towards commencement of production by mid-2028.

South Crofty is expected to be a lowest quartile cost producer and highly cash generative with annual EBITDA averaging ~£70 million (~US$90m) and EBITDA margins in excess of 60% in the first five years of full production.

Tin is a critical mineral that is essential for technology and the energy transition. South Crofty is a strategic asset in the UK and has the potential to become a domestic supplier of secure and responsible tin, reducing exposure to imports from Asia that controls close to 80% of refined tin supply. South Crofty is permitted and benefits from strong local community and regional and national government support.

High grade tin and hard rock lithium in Cornwall. Winner of the 2024 Discovery of the Year Award at the UK Mining Conference in Cornwall. Now shortlisted for the Discovery of the Year Award at Resourcing Tomorrow London in December 2024. Phase 2 exploration drilling results this year, building on the successful Phase 1 in 2022, have demonstrated the continuity and extent of a major new lithium field in the rare G5 Granite underlying the Project Area, and discoveries of multiple new tin lodes with grades peaking at 6.28% Sn.

CuFe Ltd is an Australian, listed (ASX: CUF), mineral exploration and producing company with interests in various projects and tenements prospective for copper, gold and iron ore, all located in mining-friendly jurisdictions of Australia.

Domestic Metals is investing in America’s copper future to meet critical metal demand. By focusing on historic mining districts with proven geology, Domestic Metals combines modern exploration techniques with a commitment to responsible development.

DPM Metals Inc. is a Canadian-based international gold mining company with operations and projects in Bulgaria, Bosnia and Herzegovina, Serbia, and Ecuador. DPM’s strategic objective is to become a mid-tier precious metals producer through responsible and efficient operations across its portfolio, developing quality assets and maintaining a strong financial position. DPM operates to the highest safety, environmental and governance standards, building long-term partnerships with local communities and host governments. Through investment in local people, economies and infrastructure, the company aims to deliver lasting benefits to its stakeholders while generating above-average returns for its shareholders.

Eastport is a critical minerals development company advancing five projects in Botswana, with cumulative historical and current expenditures approaching CAD$20 million. The Company’s most advanced asset is the Matsitama Copper Project, which hosts multiple sizeable targets across the Matsitama copper district. The Company’s additional projects include Selebi East, a nickel-copper-cobalt project located seven kilometres east of the historic Selebi Mines; the Semarule Rare Earth Elements Project, positioned within the Gaborone-Molepolole corridor; the Foley Uranium Project, adjoining the Letlhakane uranium deposit; and the Keng Project, which targets nickel, copper and PGEs on the northern margin of the Molopo Farms Complex. Botswana is widely regarded as one of Africa’s strongest mining jurisdictions, and ranked #1 in Africa and #7 globally for investment attractiveness on the Fraser Institute’s Investment Attractiveness Index. These rankings reflect Botswana’s stable regulatory environment, consistent rule of law, and long-standing support for responsible mineral development.

Electra is a leader in advancing North America’s critical minerals supply chain for lithium-ion batteries. The Company’s primary focus is constructing North America’s only cobalt sulfate refinery, as part of a phased strategy to onshore critical minerals refining and reduce reliance on foreign supply chains. In addition to the Refinery, Electra holds a significant land package in Idaho’s Cobalt Belt, including its Iron Creek project and surrounding properties, positioning the Company as a potential cornerstone for North American cobalt and copper production. Electra is also advancing black mass recycling opportunities to recover critical materials from end-of-life batteries, while continuing to evaluate growth opportunities in nickel refining and other downstream battery materials. For more information, please visit www.ElectraBMC.com.

Vertical integrated tin developer in Andalucia Spain, the EU’s only primary tin supply in development. Also restarting the historic Cleveland Tin mine in Australia, with a recently upgraded Tungsten Resource.

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.

Elevate has recently reported the first successful results from the U-pgrade™ Pilot Plant in Namibia across the first four stages, demonstrating its technical applicability for commercialisation.

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

Endeavour Silver Corp. is a mid-tier precious metals mining company that operates two high-grade underground silver-gold mines in Mexico. The company is currently nearing completion of the development of its Terronera mine project in the Jalisco state of Mexico and aims to contribute positively to the mining industry and the communities in which it operates. In addition, Endeavour Silver has a portfolio of exploration projects in Mexico, Chile and the United States to facilitate its goal to become a premier senior silver producer.

Endomines is a Finnish mining and exploration company focused on gold. The company has a production site in Pampalo, Eastern Finland, and conducts exploration activities along the Karelian Gold Line. Additionally, Endomines holds rights to seven gold deposits in the United States. The company is listed on the main list of the Helsinki Stock Exchange under the symbol PAMPALO.

Endomines is currently producing gold. Aim is to increase production volumes each year and in 2030 take the company into a new level in production (500-700 % growth from 2024). Endomines aims to develop the Karelian Gold Line into one of the world’s most significant responsible gold production areas. The area also contains EU-defined critical mineral, tungsten, and molybdenum. Endomines’ growth is based on utilizing known gold reserves along the Karelian Gold Line and verifying new mineral deposits. Endomines invests in active exploration, bringing new areas into production along the Karelian Gold Line, and promoting sustainability through an ambitious ESG program.

Entrée Resources Ltd. (TSX: ETG | OTCQB: ERLFF) is a Canadian mining company that owns a unique carried joint venture interest on a significant portion of one of the world’s largest copper-gold projects – the Oyu Tolgoi project in Mongolia. The Company’s interest in the Entrée/Oyu Tolgoi joint venture has the characteristics of a royalty, with the benefits of a producer. Entrée’s experienced team, high-quality asset, financial position and world class operating partners position it for long term sustainable success.

Equity Metals Corporation is a member of the Malaspina-Manex Group. The Company owns 100% interest, with no underlying royalty, in the Silver Queen project, located along the Skeena Arch in the Omineca Mining Division, British Columbia. The property hosts high-grade, precious- and base-metal veins related to a buried porphyry system, which has been only partially delineated. The Company also has a controlling JV interest (57.49%) in the Monument Diamond project, NWT, strategically located in the Lac De Gras district within 40 km of both the Ekati and Diavik diamond mines. As well, the Company has an option to acquire a 100% interest in the Arlington Property, located within the Boundary District of south-central British Columbia where 2025 exploration work consisted of geophysics and diamond drilling designed to identify and delineate an apparent gold system. The Company is fully funded to undertake proposed 2025 exploration and development at Silver Queen and Arlington.

FireFox Gold was tailor-built to bring together seasoned gold industry leadership and deep expertise in Finland exploration. With a strong portfolio of projects in northern Finland’s Central Lapland Greenstone Belt, FireFox is a major player at a pre-discovery valuation in a terrain charged with discovery potential. The Company’s 100%-held Mustajärvi Project gold discovery includes three high-grade gold zones and has a 10km drill program underway to move the project towards resource delineation. FireFox has other large 100%-held land positions in the Belt that are adjoining new discoveries, with drill-ready targets and opportunities for joint-venture. The Company is also benefitting from a strategic Investment by Agnico Eagle Mines Ltd, who is earning into one of these large, highly prospective land packages.

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.

Focused on exploring and advancing commercial copper and gold discoveries in Chile.

The world needs more copper mines. Fitzroy is focused on shallow exploration projects with good grade, simple metallurgy and infrastructure advantages. Gold and silver are important economic by-products.

Fitzroy’s property portfolio includes the Buen Retiro Copper project, the Caballos Copper-Molybdenum-Gold-Rhenium project, and the Polimet Gold-Copper-Silver project, which are all in Chile. In addition Fitzroy has the non-core Taquetren Gold project in Argentina, and the non-core Cariboo project in British Columbia, Canada.

Fox Tungsten is one of North America’s most promising high-grade tungsten projects, strategically positioned in British Columbia’s South Cariboo region. The project combines world-class grades with significant scale, making it a standout asset in the global critical minerals landscape. With a proven NI 43‑101 resource, ongoing multi-year drilling programs, and potential for expansion across a district-scale property, Fox Tungsten is poised to play a key role in securing North American supply of this essential metal. As demand for tungsten skyrockets in high-tech, clean energy, and defense applications, Fox represents not just a mineral resource—but a strategic opportunity to build long-term value in a critical and scarce market.

Freegold is actively exploring the Golden Summit Project near Fairbanks, Alaska, a road-accessible development project hosting a significant gold resource: 17.2 Moz Indicated at 1.24 g/t Au and 11.9 Moz Inferred at 1.04 g/t Au (using a 0.5 g/t cut-off and $2,490 gold price as of July 2025). The 2026 drill program, comprising 50,000 meters, is strategically designed to identify and delineate higher-grade corridors within larger mineralized zones, with the objective of enhancing overall resource grade and improving project economics. The program will include infill, expansion and geotechnical drilling as well as additional metallurgical test holes and related supporting studies. Drilling targets include the WOW, Dolphin, Cleary Hill, and the recently identified Tamarack zones. Golden Summit is located within an approximately 10 km by 1.5 km ENE-trending structural corridor known for its history of gold occurrences and placer production. The project is being assessed for district-scale potential, with further drilling planned throughout the year to refine and expand the resource base in anticipation of an upcoming Prefeasibility Study (PFS) planned for 2027. Drilling concluded in mid-December 2025, and a total of 63 holes were drilled. Several assay results from the 2025 drilling remain pending. The 2026 program is currently in progress. Pilot-scale metallurgical testing produced a flotation concentrate from a 1,500 kg composite (derived from 12 drill holes), representing less than 4% of the original mass. Additional test work is ongoing to determine the optimal oxidation and treatment process for the PFS. Previous studies suggest that recoveries exceeding 90% are achievable using BIOX®, POX, or Albion processes; the GlassLock™ technology is also being evaluated to enhance concentrate quality and reduce arsenic levels.

Fury Gold Mines is a well-financed Canadian-focused exploration company positioned in two prolific mining regions across Canada. Led by a management team and board of directors with proven success in financing and advancing exploration assets, Fury intends to grow its multi-million-ounce gold platform through rigorous project evaluation and exploration excellence.

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.

Underpinned by a large strategic landholding in one of Australia’s premier gold belts (Yandal), a rapidly growing pipeline of new discoveries and a strong balance sheet, Gateway Mining (ASX: GML) has emerged as one of the most active gold explorers in Western Australia. The company’s transformation followed its acquisition of the Yandal Gold Project from Strickland Metals (ASX: STK) in 2025, giving Gateway control of approximately 1,780km² on the eastern flank of the world-class Yandal Greenstone Belt – just 50km from Northern Star’s Jundee operations. While the Yandal acquisition came with an existing 400koz Mineral Resource at 1.52g/t Au with significant growth potential, it was the broader opportunity presented by a Tier-1 exploration package in the heart of one of Australia’s best known gold districts that really attracted the Gateway team to the project. Less than 6km of the prospective greenstone strike within the Yandal Project – which totals more than 70km – has previously been subjected to modern exploration. Gateway has wasted no time in unlocking this opportunity. The company completed more than 105,000m of air-core drilling across the Yandal Project in the first half of 2026, resulting in a string of new discoveries including Haflinger, Hummer, Rubicon, Mustang, Great Western, Celia South and, most recently, Cowza.

GBM Resources is advancing a 100% owned gold portfolio in Queensland’s Drummond Basin, supported by an existing ~1.84Moz Mineral Resource and substantial coverage across granted Mining Leases. The Company’s strategy is focused on expanding known gold systems, testing priority exploration targets and building a larger development platform across a proven epithermal gold district. Backed by experienced leadership and active drilling, GBM is positioned to pursue growth at both the project and district level.

Geopacific Resources Limited (GPR:ASX) is an Australian listed mining and exploration company primarily focussed on the development of the high-grade Woodlark Gold Project in Papua New Guinea.

We are committed to delivering value through the sustainable development of the projects and communities we engage with.

Vision

Our vision is to be a responsible gold miner maximising equitable and inclusive local participation to create sustainable value for all stakeholders.

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.

Gold Strike Resources Corp. is a mineral exploration and development company focused on advancing high-potential gold opportunities within its highly prospective land package in the proven, but underexplored Tombstone Gold Belt, Yukon. The Company holds a 100% interest in its five core Yukon projects: the Florin Gold Project, the FLR Gold Project, the RJ Gold Project, Gold Strike One Project, and Gold Strike Two Project, which together represent a district-scale land package with multiple near-surface exploration targets. With an award-winning technical team and experienced management and board of directors, Gold Strike is well positioned to leverage past exploration successes to create shareholder value.

GoldMining Inc. is a public mineral exploration company focused on the acquisition and development of gold assets in the Americas. Through its disciplined acquisition strategy, the Company now controls a diversified portfolio of resource-stage gold and gold-copper projects and strategic investments in Canada, U.S.A., Brazil, Colombia and Peru. The Company also owns approximately 21.5 million shares of Gold Royalty Corp. (NYSE American: GROY), 9.9 million shares of U.S. GoldMining Inc. (Nasdaq: USGO), and 19.1 million shares of NevGold Corp. (TSXV: NAU). See goldmining.com for additional information.

Goliath Resources Limited (TSX.V: GOT), (OTCQX: GOTRF), (FSE: B4IF) is an explorer of precious metals projects in the prolific Golden Triangle of northwestern British Columbia. All of its projects are in highly prospective geological settings and geopolitical safe jurisdictions amenable to mining in Canada.

GR Silver Mining Ltd. (TSXV: GRSL | OTCQB: GRSLF | DEU:GPE) is fully funded to deliver its plan for restarting the 100% owned PERMITTED Plomosas Project in a $40/oz + Silver environment. The company discovered 134M Silver equivalent ounces, rapidly growing and stepping out at the San Marcial Area. Only 20% of the San Marcial Area anomaly has been explored. The company is advancing the step-out drilling at San Marcial with recent results such as 75 m at 293 g/t AgEq (Sept 3rd), and simultaneously advancing the re-start of the high grade Plomosas underground mine. San Marcial and Plomosas areas are synergistic to extend the permit as single large scale SILVER developer. GR SILVER has been a TSX-V TOP 10 Volume trader for the last 4 months, with average volume of 7.4M shares traded per day.

Green Bridge is a Canadian-based exploration company focused on the acquisition and development of "critical mineral" rich assets in North America. Two projects of merit are the focus of the Company's activity which include the Serpentine property ("Serpentine") and the South Contact District ("South Contact Project" and together, the “Projects”). The South Contact Project includes the Titac property ("Titac") and the Skibo property ("Skibo") which exist along the basal contact of the Duluth Complex, north of Duluth, Minnesota. The Projects contain bulk-tonnage copper-nickel and titanium-vanadium resources hosted in mafic, ultramafic, and oxide ultramafic intrusions. Serpentine is a magmatic sulphide style deposit with an Inferred and Indicated mineral resources estimate for copper and nickel. A portion of the Titac property, known as "Titac South", contains an Inferred mineral resource estimate for titanium dioxide mineralization, details of which are available in a technical report prepared in accordance with National Instrument 43-101.

Brazil Potash is developing the Autazes Project, a tier-one potash deposit located just 100 miles from Manaus and 5 miles from the Madeira River, offering a unique logistics and cost advantage in delivering fertilizer to Brazil’s agriculture belt.

Harena (www.harenaresources.com) is a rare earths exploration and development company focused on the Ampasindava Ionic Clay Rare Earth Project in Madagascar (Harena's interest is 100%). The project hosts one of the largest ionic clay rare earth deposits outside of China, with significant concentrations of high-value magnet metals, specifically heavy rare earths, including neodymium (Nd), dysprosium (Dy), and praseodymium (Pr), which are critical for the composition of neodymium magnets (NdFeB). Harena is committed to low-impact, high recovery mining, providing a sustainable supply of critical minerals for the global energy transition and military defence industries as well as meeting the ever-growing demand for NdFeB from the robotics sector.

Hayasa Metals is a junior exploration company that controls two properties in Armenia. Property 1 is called Vardenis and is a 93km^2 copper-moly porphyry. Property 2 is called Urasar and is a 34km^2 copper-gold property. Teck Resources owns 7% of the company. FNV/EMX paid HAY US$1mln for a 1.25% NSR on Urasar in Jan25 which is funded 2000m drilling at Urasar in mid 2025. The company completed an option agreement with Teck on Vardenis Aug 26 that contemplates Teck spending US$15mln to earn 70% and a PFS to get to 80%. We are currently drilling a minimum of 3,500m and expect to be completed before the end of November. We will secure control of a 3rd property in Armenia in the next 6 months.

Hercules Metals Corp. (TSXV: BIG | OTCQB: BADEF) is an exploration Company focused on developing America’s newest copper porphyry district, in Idaho. The Hercules Project hosts several copper porphyry centres, including the Leviathan target, Southern Flats, Pegasus and the new Hook target, all within 20% of the overall 100,000 acre project. Leviathan is uniquely positioned as a near surface copper porphyry target which is open in all directions and has an overlying epithermal silver zone. The Leviathan trend extends southwards from Leviathan over to the Southern Flats target and then towards Pegasus. Hook is a targeted parallel structure which has indications of being another porphyry centre on the property within 100 metres of surface. The Company is supported by a proven management team with a track record of execution, is well-funded and is positioned for organic growth through increased exploration activities. For more information, please refer to the company's corporate website, including applicable cautionary statements and technical notes.

High Tide Resources (CSE: HTRC) is advancing a high‑purity iron ore project in one of the world’s most proven mining jurisdictions — Labrador & Newfoundland. Our flagship asset sits beside Rio Tinto’s Carol Lake operations, giving us infrastructure advantages, geological continuity, and a clear path to development. As global steelmakers shift to direct‑reduced‑iron (DRI) to meet decarbonization targets, demand for DR‑grade feedstock is accelerating. High Tide offers early‑stage exposure to this structural trend with a 100%‑owned project, strong community alignment, and a strategy built for scalability. We’re positioning investors at the front end of the low‑carbon steel supply chain.

Investigator Silver is an Australian mineral exploration and development company focused on the discovery and advancement of silver and other mineral resources. The company is committed to exploring prospective mineral assets, creating long-term value for shareholders, and supporting responsible and sustainable development. Investigator Silver combines technical expertise, exploration experience and a strategic approach to mineral resource development, with a focus on identifying and progressing high-quality opportunities in Australia. Key Outcomes Pre-tax NPV8: A$1.15 billion Pre-tax IRR: 93% Capital Payback: 11 months from first production Mine Life: Approximately 11 years Silver Production: More than 30 million ounces Free Cash Flow: A$1.87 billion (pre-tax, ungeared) Operating Cash Margin: 64% at spot pricing Breakeven Silver Price (including capital repayment): ~US$37/oz

IsoEnergy Ltd. (TSX:ISO) (OTCQX:ISENF) is a leading, globally diversified uranium company with substantial current and historical mineral resources in top uranium mining jurisdictions of Canada, the U.S. and Australia at varying stages of development, providing near, medium, and long-term leverage to rising uranium prices.

The Company is currently advancing its Larocque East Project in Canada’s Athabasca Basin, which is home to the Hurricane deposit, boasting the world’s highest grade Indicated uranium Mineral Resource. The Company also holds a portfolio of permitted, past-producing conventional uranium and vanadium mines in Utah with a toll milling arrangement in place with Energy Fuels Inc. These mines are currently on stand-by, ready for rapid restart as market conditions permit, positioning IsoEnergy as a near-term uranium producer.

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.

Japan Gold Corp. is a Canadian mineral company focused on the exploration and discovery of high-grade epithermal gold deposits across the main islands of Japan. The Company holds a significant portfolio of tenements covering areas with known gold occurrences, history of mining and prospective for high-grade epithermal gold mineralization in one of the most stable and under explored countries in the world. As a project generator, Japan Gold focuses on acquiring and advancing high quality exploration projects, with the goal of generating exploration upside for joint venture partners, providing long term upside for shareholders while minimizing dilution. Leveraging deep technical capability and unmatched in-country expertise, Japan Gold’s leadership and operational teams have successfully derisked several projects.

KEFI recently pivoted onto the fast track after some very frustrating years in its frontier markets. We are an early mover in the Arabian Nubian Shield, operating joint ventures with strong local partners in Ethiopia and Saudi Arabia, and have a built a platform with 1st tier operational management, bankers and contractors.

Market cap of £30m versus portfolio NPV of £348M. NPV increased 3X since H1 2020 due to exploration and permitting success (Saudi) and expected greater interest in Tulu Kapi (Ethiopia)

Estimated potential Net Operating Cash Flow (1) £137M (c. US$185M) per annum from the 3 development projects

KEFI targets becoming a mid-tier producer with 3 projects in production by 2026, at a net production rate of 187Koz gold equivalent (155Koz of gold)

Kingfisher Metals is a Canadian based exploration company focused on underexplored district-scale projects in British Columbia. Kingfisher controls 630km2 of highly prospective ground adjacent to highway and power in the Golden Triangle. Historical exploration on the project outlined one of the most significant porphyry-epithermal trends within the Golden Triangle that has returned grades in line with operating mines in the region. The Company spent 2023-2024 consolidation the property and generating drill targets with the plan to complete a significant program in 2025. 

Additionally, the company controls the Goldrange (511km2) and Thibert (130 km2) projects that host orogenic high-grade gold. Kingfisher made a grassroots discovery at Goldrange over 2021-2022 that returned highlight intercepts up to 73 g/t Au over 1 m and 2.8 g/t Au over 40 m. There are no holding costs at Goldrange and the property is in good standing until 2033.

Kodiak Copper, founded by Chris Taylor (Great Bear Resources, sold to Kinross for $1.8B) and led by CEO Claudia Tornquist (former Rio Tinto GM), is advancing its 100%-owned MPD copper-gold porphyry project in British Columbia’s prolific Quesnel Terrane. The Initial Resource estimate for the first four mineralized zones announced in June , has already highlighted the project’s scale and potential. Drill results on the remaining three zones from Kodiak’s 2025 exploration program will be incorporated into the full Initial Resource estimate, expected by year end. With known mineralized zones open to expansion and multiple untested targets, Kodiak continues to systematically explore the district-scale potential of MPD to build critical mass and make the next discovery.

Kingfisher Metals is a Canadian based exploration company focused on underexplored district-scale projects in British Columbia. Kingfisher controls 630km2 of highly prospective ground adjacent to highway and power in the Golden Triangle. Historical exploration on the project outlined one of the most significant porphyry-epithermal trends within the Golden Triangle that has returned grades in line with operating mines in the region. The Company spent 2023-2024 consolidation the property and generating drill targets with the plan to complete a significant program in 2025. 

Additionally, the company controls the Goldrange (511km2) and Thibert (130 km2) projects that host orogenic high-grade gold. Kingfisher made a grassroots discovery at Goldrange over 2021-2022 that returned highlight intercepts up to 73 g/t Au over 1 m and 2.8 g/t Au over 40 m. There are no holding costs at Goldrange and the property is in good standing until 2033.

Krakatoa Resources Limited (ASX:KTA) is an Australian Securities Exchange (ASX) listed company advancing the world class Zopkhito high-grade antimony and gold project in Georgia, while actively exploring for other critical and precious metals in Western Australia and NSW, Australia.

Our mission is to discover, explore and develop high value critical metal projects to be a prominent critical and precious metal producer.

The Zopkhito Project is an advanced antinomy and gold project which has a current Foreign Mineral Resource (Soviet Classification) containing over 26,000 tonnes (225Kt @11.6% Sb) of Antinomy and more than 800,000 ounces of gold, making it one of the highest grade and largest antimony deposits globally.

The company is now drilling this project in order to convert the Foreign Resource estimate into a JORC category with the aim of moving towards development as soon as possible.

We are driven by our commitment to transparency, accountability, safety, environmental stewardship and community partnership. These values inform everything we do. They are what make us a modern exploration and mine development company.

Lahontan Gold Corp. is a Nevada-focused mine development company advancing a portfolio of four gold and silver projects across the prolific Walker Lane district. The Company’s primary focus is the restart of its flagship 28.3 km² Santa Fe Mine, with a targeted return to production in 2027. Following on from the Emergent Metals acquisition, the next pivotal corporate milestone is the updated PEA. Due imminently, and with updated resource numbers including the first assessment of mining and processing the sulphide resources, as well as current gold prices, this will provide a dramatically different investment proposition for investors.

LAURION Mineral Exploration Inc. (TSX-V: LME) is advancing the 100%-owned, 57 km² Ishkōday Gold and Polymetallic Project — host to a dual mineral system of orogenic quartz-vein gold and polymetallic (Au-Ag-Zn-Cu) mineralization — in Ontario's historic Beardmore-Geraldton Greenstone Belt, a district that has produced 4.1 million ounces of gold from 19 mines, 60 km from Equinox's 5.7 Moz Greenstone Mine. The Ishkōday hosts two past-producing shafts, including Sturgeon River Mine, which ceased operations in 1942 by wartime order with active high-grade mining still underway at closure. LAURION has completed over 100,000 metres of drilling across a 6 km x2.5 km mineralized corridor, and has submitted both a Recovery of Minerals Permit and a shaft-dewatering water permit — positioning both the surface stockpile and the historically documented underground material for near-term evaluation and monetization.

Liberty Gold is advancing the Black Pine Project in southeastern Idaho, one of the largest oxide gold development projects in the Great Basin. Black Pine is a large-scale, open-pit, run-of-mine heap leach project with a 4.04 million ounce Probable Mineral Reserve and a 16-year mine life. The 2026 Feasibility Study outlines average annual production of approximately 202,000 ounces in the first five years and 177,000 ounces over the life of mine. The project is advancing through detailed engineering, permitting and construction readiness, supported by a coordinated FAST-41 federal permitting process and a strong institutional shareholder base.

Lifezone Metals (NYSE: LZM) is committed to delivering cleaner and more responsible metals production and recycling. Through the application of our Hydromet Technology, we offer the potential for lower energy consumption, lower emissions and lower cost metals production compared to traditional smelting.

Our Kabanga Nickel Project in Tanzania is believed to be one of the world's largest and highest-grade undeveloped nickel sulfide deposits. By pairing it with our Hydromet Technology, we are working to unlock a new source of LME-grade nickel, copper and cobalt for the global battery metals markets, to empower Tanzania to achieve full in-country value creation and become the next premier source of Class 1 nickel.

Through our US-based recycling partnership, we are working to demonstrate that our Hydromet Technology can process and recover platinum, palladium and rhodium from responsibly sourced spent automotive catalytic converters. Our process is expected to be cleaner and more efficient than conventional smelting and refining methods, enabling the circular economy for precious metals.

Lithium Africa Corp., listed on the TSX Venture Exchange in February 2026, is a capital-efficient lithium exploration company focused on Africa's most prospective and underexplored hardrock pegmatite districts, with over 4,100 km² of exploration assets across six jurisdictions: South Africa, Côte d'Ivoire, Guinea, Zimbabwe, Mali, and Morocco. The Company explores through a 50/50 joint venture with Ganfeng Lithium, one of the world's largest lithium producers, which matches its exploration spending dollar for dollar and brings downstream reach to Lithium Africa's on-the-ground expertise. In addition, the Company is acquiring a majority interest in its flagship Springbok Project in South Africa, held outside the joint venture. This past-producing spodumene asset, with more than 40 known spodumene-bearing pegmatites and district-scale upside, anchors a portfolio built to advance high-quality spodumene into the next lithium cycle.

Mayfair Gold is a Canadian development-stage gold company focused on advancing the 100% controlled Fenn-Gib Project in the Timmins region of Northern Ontario. The 2026 Prefeasibility Study (the “PFS”) outlines a smaller mine designed to go through an accelerated permitting path while retaining expansion potential once in production using organic free cash flow. The PFS highlights robust economics with initial development capital of C$450 million, a base-case payback period of 2.7 years and cumulative free cash flow of US$896 million over the first six years of production based on a US$3,100/oz gold price. The Company is advancing permitting activities, detailed engineering, stakeholder engagement and resource expansion with the goal of starting construction in 2028 and production in 2030.

MetalsGrove Mining Limited (ASX: MGA) is an Australian Securities Exchange (ASX) listed gold exploration company dedicated to the discovery and advancement of multi-million-ounce gold deposits within its strategically positioned project portfolio in Côte d’Ivoire

Miata Metals Corp. (TSX.V: MMET) is a Canadian mineral exploration company listed on the TSX Venture Exchange, as well as the OTCQX (OTCQX: MMETF) and Frankfurt (FSE: 8NQ) Exchanges. The Company is focused on the acquisition, exploration, and development of mineral properties. The Company holds a 70% interest in the ~215 km2 Sela Creek Gold Project with an option to acquire a full 100% interest, and a 70% beneficial interest in the Nassau Gold Project with an option to acquire 100%. Both exploration properties are located in the greenstone belt of Suriname.

Midnight Sun is rapidly advancing the Solwezi Copper Project, with a focus on our flagship Dumbwa Target. The Project is located near the town of Solwezi in the heart of the Zambia–Congo Copperbelt, one of the world’s largest copper-producing regions. This prolific mining district is renowned for hosting multiple major copper deposits, most ecxeeding 1 billion tonnes, 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 Target sits beneath a robust 20-kilometre copper-in-soil anomaly peaking at 0.73% copper at surface, and ongoing drilling has already delineated well over 4 kilometres of drilled strike extent. The company is targeting +1 billion tonnes at copper grades similar to the mines that surround Dumbwa. The Dumbwa Target 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 Q3 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.

Millennial Potash is advancing the Banio Potash Project in Gabon — a Tier-1, low-cost, coastal potash development strategically positioned on the Atlantic to supply Africa, Brazil, and the United States. The project hosts an NI 43-101 resource of 1.82 billion tonnes grading ~16% KCl, underpinned by strong economics from a PEA showing an after-tax NPV10 of US $1.07 billion, 32.6% IRR, and OPEX of US $61/t gMOP. In 2025, the U.S. International Development Finance Corporation (DFC) committed US $3 million to fund the project’s Feasibility Study, following the U.S. Department of the Interior’s proposal to add potash to its Critical Minerals List. With port and power infrastructure under construction, Banio is positioned to become Africa’s leading potash supplier and a cornerstone of global food-security supply chains.

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. 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.

Mogul Mountain Ventures Corporation is advancing the 100%-owned Rays-West Dome Gold-Silver Project, a district-scale land package comprising more than 5,300 acres near Tonopah, Nevada, on the prolific Walker Lane trend. 

Mogul has consolidated several historic mining areas and past-producing mines from the early 1900s that have seen limited modern exploration. Rays-West Dome hosts both orogenic and low-sulfidation epithermal gold-silver mineralization, providing multiple exploration targets across the property. Mogul is applying modern exploration techniques to systematically evaluate and drill test these targets. 

Newcore Gold Ltd. is advancing the Enchi Gold Project in southwest Ghana. The project’s 248 sq km land package covers 40 kms of Ghana’s Bibiani Shear Zone, a gold belt which hosts several large, multi-million-ounce gold mines. Enchi is underpinned by a Pre-Feasibility Study completed in June 2026. Enchi’s longer-term potential benefits from the district-scale exploration opportunity that is largely underexplored to date with resource growth potential along strike and at depth. Newcore’s experienced leadership is aligned with shareholders through their 12% equity ownership, and the Company has strong institutional investor support with ~55% ownership. An 80,000-metre drill program is underway with a focus on resource conversion and growth.

NexGold Mining Corp. (TSXV: NEXG, OTCQX: NXGCF) is a Canadian gold exploration and development company with two cornerstone gold projects – the Goldboro Gold Project in Nova Scotia and the Goliath Gold Complex in Ontario. Through strategic transactions, the Company reduced single-asset risk, eliminated major third-party debt and bolstered cash reserves to advance its material projects toward financing and construction. With permits secured at Goldboro, progress at the Goliath Complex and additional assets in Canada and Alaska, NexGold is positioned as one of Canada’s newest and most advanced gold developers. Goldboro Gold Project: Holds all key federal and provincial level permits, including environmental assessment approval, Industrial Approval, Fisheries Act Authorization and Schedule II Amendment, and Mining and Crown Land Leases, enabling advancement toward construction and operations. Goliath Gold Complex: Includes the district-scale Goliath Project (with federal environmental assessment approval), Goldlund and Miller deposits. Prioritizing project optimization, permitting and community engagement. Additional Assets: 100% ownership of the high-grade Niblack VMS project in Alaska (copper-gold-zinc-silver), the Weebigee-Sandy Lake JV and the Gold Rock grassroots property (Ontario, Canada).

NexMetals Mining Corp. is a TSX.V and NASDAQ listed mineral exploration and development company focused on redeveloping the past-producing Selebi and Selkirk copper-nickel-cobalt-platinum group element mines in Botswana. NexMetals has confirmed the scale of mineralization is larger than historical estimates, supported by NI 43-101- and Regulation S-K 1300-compliant resource estimates, with ongoing down-hole geophysics, drilling, and metallurgical programs aimed at expanding resources and supporting future economic studies. The Company is led by an experienced management and technical team with a proven track record in global mineral projects, emphasizing disciplined execution, transparent governance, and long-term stakeholder value creation.

Nicola provides investors exposure to COPPER, GOLD AND SILVER and is in the process of uplisting to the NASDAQ in Q1 of 2026. Our uplisting is greatly bolstered by hockey-stick style revenue growth in 2026, which will continue into 2027, at which time we expect our Treasure Mountain Silver Mine, to commence full production. As a company, Nicola can be conceptualized as “the Consolidator of high-grade gold and silver projects in British Columbia and the Explorer of Canada’s highest grade major copper mine.”

Management has put together a portfolio of synergistic assets that all work together and secured five mining and milling permits all in the province of British Columbia. Our exposure to gold and silver is via production and our exposure to copper is at our fully permitted New Craigmont Project, located 15 km from Merritt, British Columbia, Canada.

NioCorp is developing the Elk Creek Critical Minerals Project in southeast Nebraska, a U.S. source of niobium, scandium, titanium, and magnetic rare earth elements. Its 2026 NI 43-101 Feasibility Study defines an eight product operation with a 40-year mine life and a $4.1 billion pre-tax NPV, supplying minerals essential to defense, aerospace, robotics, AI, and energy that the United States largely imports today.

North Atlantic Critical Metals is a Canadian exploration company advancing one of North America's most compelling antimony opportunities. The Company's flagship Pokiok Property directly adjoins the historic Lake George Antimony Mine—the continent's largest past-producing primary antimony mine—and hosts the interpreted continuation of the same mineralized system. With a fully funded 5,000-metre drill program targeting antimony, tungsten and gold, North Atlantic is positioned to capitalize on growing demand for secure domestic critical mineral supplies. As governments and industry race to strengthen North American supply chains, the Company offers investors exposure to a high impact exploration story in one of Canada's premier critical minerals districts.

Northstone Resources (ASX: NRL) is a gold and copper exploration and development company focused on high-value opportunities in Serbia. Its flagship Tlamino Gold-Silver Project is anchored by the near-surface Barje deposit, open in three directions, containing an inferred resource of approximately 670,000 ounces at 2.9 g/t gold equivalent. Its high grades, broad mineralisation and shallow, open-pit potential provide a compelling foundation for a high-margin development. The Timok East Project offers significant copper-gold discovery potential within the prolific Timok Magmatic Complex. Advanced geophysics has defined high-priority concealed porphyry targets, positioning Timok East as a target-ready project for the next phase of exploration.

Nouveau Monde Graphite is an integrated company developing responsible mining and advanced manufacturing operations to supply the global economy with carbon-neutral active anode material to power. The battery, energy, advanced technologies and manufacturing markets. The Company is developing a fully integrated ore-to-battery-material source of graphite-based active anode material in Québec, Canada. With recognized ESG standards and structuring partnerships with anchor customers, NMG is set to become a strategic supplier to the world’s leading lithium-ion battery and EV manufacturers, providing advanced materials while promoting sustainability and supply chain traceability. www.NMG.com

Oceanic is focused on the development of the Ungava Bay iron properties in Nunavik, Quebec. The properties comprise three project areas: Hopes Advance, Morgan Lake and Roberts Lake, which cover over 300 kilometres of iron formation and are located within 20 – 50 km of tidewater.

Orezone Gold Corporation is a West African gold producer engaged in mining, developing, and exploring the Bomboré Gold Mine in Burkina Faso. Combined production from the oxide and stage 1 hard rock operations is forecasted to total between 170,000 and 185,000 ounces in 2026. The Company is also advancing stage 2 of the hard rock expansion, which is forecasted to increase annual production to between 220,000 and 250,000 ounces.

Orion Minerals (ASX: ORN | JSE: ORN) is transitioning from explorer to developer to copper and base metals producer in South Africa’s highly prospective Northern Cape province. We have three strategic priorities: Bringing our flagship Prieska Copper Zinc Mine (PCZM) into production; optimising and drilling at the Okiep Copper Project (OCP); and building our longer-term exploration pipeline. Together, these priorities position Orion Minerals as a near-term, low-cost copper producer supplying metals for tomorrow.

Orpheus Uranium Ltd (ASX:ORP, OTC:AGREF) CEO Clint Dubieniecki sits down with Proactive’s Tylah Tully live from the International Mining and Resources Conference - IMARC 2024 at the ICC Sydney at their exclusive podcast zone known as OnAir @ IMARC, sponsored by EMR Capital to discuss the company’s uranium ambitions.

Orpheus Uranium is focused on uranium exploration in the two jurisdictions of Australia that permit uranium mining, South Australia and the Northern Territory.

The company holds a significant surface footprint of paleochannels, strategically situated in the highly promising Frome Embayment region to the north. Additionally, in the southern expanse lies the northern margin of South Australia’s Murray-Darling Basin.

Here, the company is actively engaged in exploring sedimentary-hosted roll-front and tabular-style uranium mineralisation. Simultaneously, Orpheus is conducting exploration activities in the Pine Creek, Alligator Rivers Uranium Field and the South Alligator Valley Mineral Field, focusing on uncovering hard-rock unconformity-style uranium mineralisation.

Osisko Gold Group Inc. is a continental North American gold development company focused on past producing mining camps with district-scale potential. The Company's objective is to become an intermediate gold producer through the development of its flagship, fully permitted, 100%-owned Cariboo Gold Project, located within the Company's broader Cariboo regional land package in central British Columbia, Canada, which hosts numerous prospective exploration targets and provides opportunities for future discoveries. Its Cariboo project pipeline is complemented by the Tintic Project, located in the historic East Tintic mining district in Utah, U.S.A., a brownfield property with significant exploration potential, extensive historical mining data, and access to established infrastructure. Osisko Gold is focused on developing long-life mining assets in mining-friendly jurisdictions while maintaining a disciplined approach to capital allocation, development risk management, and mineral inventory growth.

Pacifica Silver Corp. is a Canadian resource company led by a proven management team with decades of mining and exploration experience in Mexico. The company is focused on its 100% owned Claudia Silver-Gold Project located in Durango, Mexico. Spanning 11,876 hectares, the Project encompasses most of the historic El Papantón Mining District where at least nine small mines operated intermittently during the 20th century. Since 1990, sampling and drilling within the Project have returned high-grade silver and gold intercepts across multiple vein systems, with only 10% of over 30 kilometres of known veins having been drilled. Today, the project is a prime target for modern exploration and holds exceptional potential for new high-grade discoveries.

Pan Global is actively targeting copper-gold rich mineral deposits in Spain. Copper has compelling supply-demand fundamentals and outlook for strong long-term prices as a critical metal for global electrification and energy transition. Gold is also attracting record prices. The Company’s flagship Escacena Project is located in the prolific Iberian Pyrite Belt in southern Spain. To date, a copper-tin-silver discovery and copper-gold discovery have been made there, and Pan Global is testing at least seven additional targets in 2025 with the goal of adding more discoveries. 
Escacena expanded from 5,760-hectares to more than 10,000-hectares with the award of the Flores, Rosario and Girasoles mineral rights (Escacena South) in September 2025. Escacena is located near the operating mine at Riotinto and is immediately adjacent to the former Aznalcóllar and Los Frailes mines where Minera Los Frailes (Grupo México) is commencing a new underground mine development beneath the former Los Frailes open-pit mine. 
The Iberian Pyrite Belt has a long-standing favourable permitting track record, excellent infrastructure, mining and professional expertise, as well as support for copper as a Strategic Raw Material by the European Commission, which collectively define a tier-one jurisdiction for mining investment. The Company has also made a recent gold discovery in 2025 at its Cármenes Project in northern Spain and is planning additional drilling at this target. 
Pan Global is a member, and operates under the principles of, the United Nations Global Compact. The Pan Global team comprises proven talent in exploration, discovery, development, and mine operations - all of which are committed to operating safely and with utmost respect for the environment and our partnered communities.

PC Gold Limited is a gold exploration and development company focused on unlocking the full potential of its flagship Spring Hill Gold Project in the Northern Territory. With a Mineral Resource Estimate reported in accordance with the JORC Code of 43.6Mt @ 1.1g/t Au for 1.5Moz Au, a strong balance sheet, and a highly experienced team, PC Gold is executing a clear strategy to transition Spring Hill toward production. The Spring Hill Project is a substantial gold system hosting mineralisation within granted mining leases, with environmental approvals already in place to commence open-pit mining and underground refurbishment. This positions PC Gold to move swiftly through development milestones.

The Company is advancing Spring Hill through a multi-faceted strategy:
• Infill drilling to upgrade Resource confidence and support conversion to Reserves.
• Aggressive extensional exploration to grow the global Spring Hill Resource inventory.
• Underground refurbishment, development, drilling and bulk sampling. Providing a drill platform to directly target high grade underground mineralisation.
• Rapid progression towards completing a PFS to outline the development plan and financial metrics.

Phoenix Metals Corp. is a Canadian mineral exploration company focused on the exploration and development of copper-gold deposits in south-central British Columbia. The Company’s principal asset is the Greenwood Project, including the JD/Golden Crown, Lexington, Phoenix South, Phoenix Deep & Blue Bell properties. They are located between the towns of Greenwood and Grand Forks, British Columbia, and consist of 156 active mineral claims, four mining leases and 211 Crown Granted parcels.

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.

Pivotal Metals (ASX:PVT) is a copper developer focused on Québec, Canada. Its 100%-owned flagship, Horden Lake, hosts a 550kt CuEq 52.4Mt @ 1.05% CuEq) Cu-Ni-Au-Ag MRE. Our recent Scoping Study outlines a 29kt CuEq production, for post-tax NPV₇ of ~A$920M, a 49% IRR, A$411M pre-production capex and a 1.3-year payback. Simple open pit feeding a conventional 3.5Mtpa flotation plant producing clean high grade concentrates. The project is 10km from a highway, connects to near-by rail and low-cost hydro. Pivotal also holds the 200km² Belleterre greenstone belt, where it is drilling high-grade Cu-Ni-PGM and bonanza gold targets.

PMET Resources Inc. is a pegmatite critical mineral exploration and development company focused on advancing its district-scale 100%-owned Shaakichiuwaanaan Property located in the Eeyou Istchee James Bay region of Quebec, Canada, which is accessible year-round by all-season road and proximal to regional hydro-power infrastructure.

Power Minerals Limited is an ASX-listed exploration and development company. We are focused on transforming our lithium brine resources in Argentina, exploring and developing our promising REE, niobium and other critical mineral assets in Brazil, and maximising value from our Australian, Canadian, and other Argentina assets.

Prospectiva Resources is a Brazil-focused copper and gold exploration company advancing a district-scale portfolio of 100%-owned projects across the highly prospective but underexplored Borborema Province in northeastern Brazil. The Company’s land package comprises 35 mineral exploration licences covering approximately 335km² across the states of Pernambuco and Paraíba with current focus on its flagship São Francisco Copper-Gold Project.

PTR Minerals (ASX:PTR) has identified water-bearing paleochannel aquifers at three locations during a four-week hydrogeological drilling program around its Rosewood Titanium Project in South Australia.

Purepoint Uranium Group Inc. is an Athabasca Basin uranium explorer advancing projects through partnerships with Cameco, Orano Canada and IsoEnergy. This strategy combines industry-leading technical expertise and partner funding while preserving meaningful exposure to discovery success. Purepoint operates the 50/50 Dorado joint venture with IsoEnergy, where the Nova Discovery returned assays up to 8.1% U₃O₈ and outlined a one-kilometre mineralized corridor. The Company also operates the Hook Lake joint venture with Cameco and Orano Canada and the Smart Lake joint venture with Cameco, while holding additional wholly owned uranium properties. Purepoint’s Denare West VMS project is optioned to Eldorado Gold and lies on trend with the advanced McIlvenna Bay Project, a Government of Canada-designated major project approaching commercial production.

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.