The TSX Venture Exchange has accepted for filing an exploration lease and option to purchase agreement dated May 26, 2026, between the company and two arm's-length optionors. Pursuant to the terms of the agreement, the company may acquire a 100-per-cent interest of 184 unpatented mining claims within the Table Mountain project, located in Lincoln country, Nevada. By way of consideration, the company will issue 16,683,431 common shares at a deemed price of 10 cents per share over a period of two years. The property is subject to a 3.0-per-cent net smelter return (NSR) royalty in favour of the optionors. This royalty may be reduced via two distinct buydown rights: a 0.5-per-cent reduction for a cash payment of $5-million and/or an additional 0.5-per-cent reduction for a cash payment of $15-million, with each right subject to the applicable terms outlined within the agreement.

No finder's fee was payable in connection with the transaction.

For further details, please refer to the company's news releases dated May 29, 2026, and July 16, 2026.