2024 Sampling Program

The objective of the 2024 sampling program was to verify the presence of mineralization hosted in fractures and breccias found in outcrop on the Tres Cerros Project and to establish the tenor of that mineralization.

A summary of the recent sampling is highlighted below and in Table 1.

Gold (Au)
- High-grade veins: up to 9.313 g/t Au and over 1,000 g/t Ag (assay limit)
- Multiple lower-grade zones: averaging 0.3–0.7 g/t Au in brecciated outcrops.
Silver (Ag)
- Brecciated zones: up to 241.0 g/t Ag in breccia-hosted mineralization.
- Outcrop continuity: consistent anomalous silver along major structures.
Copper (Cu)
- Local hotspots: 0.3%–0.6% Cu associated with chalcopyrite in veins.
- Vector for deep porphyry: elevated Au, Cu and W values coincide with a prominent IP chargeability anomaly.

Table 1. Assay results from select surface samples collected in December 2024*

	Sample Dimension (m)	Type Structure	Vein Width (m)	Au	Ag	Cu	Pb	Zn
ppm	ppm	ppm	ppm	ppm
150602	0.40x1.0	Vein	0.40	2.192	>1000	88	>10000	123
150603	0.25x0.6	Vein	0.25	0.668	968.0	85	>10000	92
150605	0.45x0.4	Bx vein	0.45	0.181	283.0	205	>10000	1576
150609	NA			0.156	201.0	30	3129	17
150612	0.6x0.15	Vein	0.60	0.419	90.0	192	2250	53
150614	0.3x0.3	Vein	0.30	1.235	219.0	257	8837	147
150615	1.1x0.25	Vein	1.10	0.367	20.9	47	1747	106
150616	0.65x0.2	Fault bx		0.171	241.0	55	4268	81
150617	0.85x0.15	Fault bx		0.148	7.8	116	1611	90
150619	0.40x0.2	Vein	0.20	1.692	97.6	157	875	36
150620	0.20x1.0	Vein	0.20	9.313	>1000	273	6758	71
150623	0.40x0.3	Fault bx		0.130	4.3	51	319	10
150625	Grab			0.610	37.0	355	>10000	44
150626	0.6x0.3	Vein	0.30	0.142	315.0	213	>10000	79
150627	0.7x0.3	Bx vein	0.70	1.199	8.2	64	216	25
150628	1.0x1.0	Fault bx		0.729	1.9	33	356	24
150633	3.5x0.4	Fractures		0.162	2.5	61	257	7
150635	0.3x0.4	Fault bx		0.479	68.7	884	578	49
150636	6.6x0.3	Fault bx		1.601	79.0	185	568	60
150637	0.2x0.6	Bx vein	0.20	0.133	0.3	27	74	14
150639	0.7x0.4	Bx vein	0.70	3.100	365.0	8775	302	54
150640	1.0x0.5	Bx vein	0.50	3.708	23.0	396	388	34
150641	2.0x0.6	Fractures		1.022	176.0	1174	315	26
150642	0.65x0.25	Bx vein	0.56	2.321	125.0	7754	3000	161
150644	0.3x0.3	Bx vein	0.30	0.504	38.3	474	216	21
150648	2.5x2.3	Qtzt bx		0.120	0.1	97	43	8
150652	0.3x0.3	Vein	0.15	1.416	136.0	>10000	935	120
150653	0.3x1.4	Vein	1.00	1.380	42.3	6060	671	196
150654	0.3x0.3			0.263	244.0	1859	>10000	212
150659	0.3x1.0	Vein	0.30	0.499	33.6	153	767	85
150660	0.3x0.3	Bx vein	0.20	1.423	51.4	85	7173	260
150661	1.5x0.3	Bx vein	0.30	1.190	21.5	26	2217	173

* Note: Grab samples are selective representations and the assay results may not necessarily represent true underlying mineralization.

Bx: Breccia, Qtzt: Quartzite

The following selected photos highlight samples that returned anomalous Au and Ag grades at Tres Cerros:

Sample 150639: 0.70m @ 3.10 g/t Au, 365.0 g/t Ag. Quartz-sulfide stockwork hosted in brecciated quartz arenite.

$Sample 150640: 0.50m @ 3.71 g/t Au, 23.0 g/t Ag. Quartz-sulfide vein hosted in tension fracture through finely bedded quartz arenite. Sample trench filled and hand samples from vein placed across vein width.$

Sample 150640: 0.50m @ 3.71 g/t Au, 23.0 g/t Ag. Quartz-sulfide vein hosted in tension fracture through finely bedded quartz arenite. Sample trench filled and hand samples from vein placed across vein width.