The TSX Venture Exchange has accepted for filing documentation pertaining to a second option agreement amendment dated July 21, 2023, between the company and several arm's-length parties, whereby the company extended the period of time to acquire up to a 100-per-cent interest of the Gold Chain property, located in Mohave county in Arizona.

Under the terms of the agreement, the company has obtained the extension until July 30, 2028, to exercise the option in exchange for an additional cash payment of $5,000 (U.S.) and the issuance of shares valued at $48,000 (U.S.) on or before July 30, 2026. All other terms and scheduled payments and share issuances remain unchanged.

For further details, please refer to the company's news release dated July 24, 2023.