The TSX Venture Exchange has accepted filing documentation for the acquisition of a 100-per-cent interest in 23 contiguous mining claims in the Frecheville township within the Larder Lake mining division of Ontario, pursuant to an option agreement dated March 16, 2026, between the company and an arm's-length party.

Pursuant to the terms of the agreement, the company must pay a total of $72,500 in cash, issue a total of 200,000 common shares of the company and incur a total of $250,000 in eligible exploration expenditures on the property over a four-year period following the date of approval in order to acquire a 100-per-cent interest in the property. The company has the right but not the obligation to accelerate the exercise of the option by meeting the requirements on an expedited basis. The property will be subject to a 2-per-cent NSR (net smelter return) royalty in favour of the optionor, of which the company has an irrevocable right to purchase a 1-per-cent royalty at any time after the option has been exercised for a cash payment of $500,000.

For further details, please refer to the company's news releases dated March 17, 2026, July 17, 2026, Aug. 12, 2026, Aug. 28, 2026, and Nov. 6, 2026.