The TSX Venture Exchange has accepted for filing documentation the farm-in agreement on the Glenfine tenements, dated Dec. 24, 2024, and the farm-in agreement on the Silverspoon, Yeungroon and Ballarat West tenements, dated Dec. 3, 2024, between the company and a non-arm's-length party. Pursuant to the terms of agreement, the company has granted the optionee: (i) an option to earn an 80-per-cent interest in the company's Silver Spoon, Ballarat West and Yuengroon projects in Australia by sole-financing $1.2-million (Australian) in exploration expenditures within a period of 48 months; and (ii) an option to earn a 51-per-cent interest in the company's Glenfine property in Australia by sole-financing $200,000 (Australian) in exploration expenditures within a period of 48 months. Upon exercise of the option, the optionee and the company will form an unincorporated joint venture, whereby the optionee will hold an 80-per-cent interest in the Yuengroon, Ballarat West and Silver Spoon tenements, and the issuer will retain a 20-per-cent interest. If a party's joint venture interest is diluted below 10 per cent, it will automatically convert to a 2-per-cent net smelter return royalty.

For further information, please reference the company's news releases dated Dec. 4, 2024, and March 4, 2025.