Inferred Mineral Resource Estimate

• Combined open-pit and underground Inferred Mineral Resource Estimate of 15.6 million tonnes at 335.7 g/t AgEq*, containing:168.6 million ounces of Silver Equivalent (AgEq*)
  • Equivalent to 1 million tonnes of Zinc (ZnEq*) at 7%

Significant Exploration Potential

• Exploration target of 50-75 million tonnes at 300-400 g/t AgEq*, equivalent to 500-900 million ounces of AgEq*
• Over 5,000 permitted drill sites with multiple untested geochemical and geophysical anomalies, indicating a high potential for new discoveries

The potential quantity and grade of the Exploration Target is conceptual in nature and therefore is an approximation. There has been insufficient exploration to estimate a Mineral Resource beyond the stated resource in the January 2024 inferred estimate* above and it is uncertain if further exploration will result in the estimation of an increase in Mineral Resource.  The potential quantity and grade has been determined from drill hole density analysis and the linear, consistent nature of VMS deposits

Strategic Location

• Located within 30-80 kilometers of highways, railways, and power, ensuring logistical efficiency and reduced development costs
• Located amongst numerous multi million ounces VMS and SEDEX deposits