The TSX Venture Exchange has accepted for filing documentation pertaining to an option agreement dated May 15, 2025, between the company and Hudbay Minerals Inc., whereby the company is eligible to acquire a 100-per-cent interest in the Tartan West property.

Under the terms of the agreement, the company is required to pay an aggregate of $825,000 in cash and issue up to 9,999,998 common shares to the vendor over the period of five years. The company is also required to incur up to $4.35-million in exploration expenses on the property. Under the terms of the option agreement, the vendor is also entitled to 2.5-per-cent net smelter return royalty with respect to the production of all materials from the property.

For further details, please refer to the company's news release dated May 16, 2025.