Investors

Why Invest?

World Class Asset in Kellogg, Idaho, USA

• Produced more than 165M ounces of silver and 5M tons of base metals over nearly 100 years
• Located in the prolific USA silver district that produced over 1.2B silver ounces
• Mining permits in place
• Enthusiastic local stakeholder support
• NI43-101 3.3Mt of Reserves, 14Mt of Resources (7Mt M&I, and 7Mt Inferred)

Leadership Team with a New Vision

• Management team and Board of Directors led by former executives from Barrick Gold Corp, Glencore and Rio Tinto
• ESG drives a plan focused on maximizing positive impact and financial returns by building and operating a sustainable, right-sized, modern, long-life, zero-footprint, zero-emission underground mine
• Winner of "ESG Developer/Explorer of the Year 2023" at Resourcing Tomorrow
• Listed on TSXV and OTCQB

Targeting Rapid, Low-Cost Restart in 2026

• Fully funded to deliver a restart in H1 2026
• Initial 1,800 tpd underground operation, with the ability to scale up to 2,500 tpd
• 85ktpa of zinc and silver-lead concentrates to be delivered to Teck's Trail Smelter in British Columbia, Canada
• Maximizing use of intact mining permits, existing in-place infrastructure, augmented by new processing, tailings filtration and paste plants

Unlocking Exploration Upside

• Significant high-grade silver potential was identified in the 1970s, including potential silver zonation at depth
• Under-explored since the mine closed for environmental reasons in 1981
• Geophysical surveys conducted in 2021 identified several significant, near-surface anomalies for further exploration
• Ongoing exploration programs focused on expanding resources and high-grade silver targets in the upper areas of the mine