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FALL 202
5 | NOV 14 & 15

Attending Companies

Company NameTickerStageCommodityJurisdictionCompany Introduction InterviewPresentationTaglineAbout
TSXV: AHRExplorationCu, AuBritish ColumbiaInterviewClick Here!Powering the Future. Developing High Value Copper-Gold AssetsAmarc is a mineral exploration and development company with an experienced and successful management team focused on developing a new generation of long-life, high-value porphyry Cu-Au mines in BC. By combining high-demand projects with dynamic management, Amarc has created a solid platform to create value from its exploration and development-stage assets.

Amarc is advancing the JOY, DUKE and IKE porphyry Cu±Au Districts located in different prolific porphyry regions of northern, central and southern BC, respectively. Each District represents significant potential for the development of multiple and important-scale, porphyry Cu±Au deposits. Importantly, each of the three districts are located in proximity to industrial infrastructure – including power, highways and rail.
TSXV: ARUExplorationAu, NiEcuador, FranceClick Here!Exploring Mineral Systems in Ecuador and FranceAurania is a mineral exploration company engaged in the identification, evaluation, acquisition, and exploration of mineral property interests, with a focus on precious metals and copper in South America. Its flagship asset, The Lost Cities – Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range of southeastern Ecuador.
TSXV: BYNExplorationAuYukonClick Here!Advancing Yukon Gold PropertiesBanyan's primary asset, the AurMac Project is located in the Traditional Territory of First Nation of Na-Cho Nyäk Dun, in Canada’s Yukon Territory. The current Mineral Resource Estimate (“MRE”) for the AurMac Project has an effective date of June 28, 2025 and comprises an Indicated Mineral Resource of 2.274 million ‎ounces of gold ("Au") (112.5 M tonnes at 0.63 g/t) and an Inferred Mineral Resource of 5.453 M oz of Au (280.6 M tonnes at 0.60 g/t ) (as defined in the Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") Definition ‎Standards for Mineral Resources & Mineral Reserves incorporated by reference into NI 43‑101). The 291.8 square kilometres (“sq km”) AurMac Project lies 40 km from Mayo, Yukon. The AurMac Project is transected by the main Yukon highway and benefits from a 3-phase powerline, existing power station and cell phone coverage.
ASX: BSXExplorationAuPhilippinesInterviewClick Here!Looking Forward. Mining Green.Blackstone Minerals (ASX:BSX) is positioning itself as a major copper-gold developer in Southeast Asia following its transformational merger with IDM International, acquiring the world-class Mankayan Copper-Gold Project in the Philippines. One of Asia’s largest undeveloped porphyry systems, Mankayan significantly enhances Blackstone's scale and strategic value, complementing its Ta Khoa nickel-cobalt project in Vietnam.

Led by a proven team with deep expertise in Southeast Asia and underground bulk mining, Blackstone is advancing a clear development strategy aimed at unlocking district-scale growth.
TSXV: ECRExplorationAuQuebecInterviewClick Here!A New Gold Mining Project in the heart of an Emerging Camp East of Val-d’OrCartier Resources Inc. was founded in 2006 and is an advanced gold project exploration company based in Val-d’Or (Quebec, Canada). In 2024, Quebec ranked 5th among the best mining jurisdictions in the world (Fraser Institute). Cartier owns 100% of its flagship Cadillac asset and controls a significant land package of 25,000 ha. The Cadillac project is located approximately 40 km east of Val-d’Or and close to existing gold mills with available capacity.



The results of the recent Preliminary Economic Assessment1 (PEA) demonstrate the economic viability of the project with an average annual gold production of 116,900 oz over a 9.7-year mine life. The current Mineral Resource Estimate1 (MRE) totaling 7,128,000 tonnes at an average grade of 3.14 g/t Au for a total of 720,000 ounces of gold in the Indicated category and 18,475,000 tonnes at an average grade of 2.75 g/t Au for a total of 1,633,000 ounces of gold in the Inferred category.
TSXV: CAMExplorationCu, AuYukonInterviewClick Here!Exploring for Copper & Gold in Yukon and BC, CanadaCascadia’s flagship asset is the Carmacks Project in the high-grade Minto Copper Belt in Yukon Territory, Canada.

Cascadia also has a pipeline of discovery stage copper-gold properties throughout the Yukon Stikine Terrane including its Catch Property, which hosts a copper-gold porphyry discovery where inaugural drill results returned broad intervals of mineralization (116.60 m of 0.31% copper with 0.30 g/t gold). Catch exhibits extensive high-grade copper and gold mineralization across a 5 km long trend, with rock samples returning peak values of 3.88% copper, 1,065 g/t gold, and 267 g/t silver.
TSXV: CORExplorationCuPeruClick Here!A Discovery to Production CompanyCamino is a discovery and development stage copper exploration company. On October 7, 2024, Camino signed a Definitive Agreement to purchase the construction-ready Puquios copper mine in Chile with Nittetsu Mining. Camino is focused on developing copper producing assets such as Puquios, and advancing its IOCG Los Chapitos copper project located in Peru through to resource delineation and development, and to add new discoveries. Camino has also permitted the Maria Cecilia copper porphyry project for exploration discovery drilling to add to its NI43-101 resources. In addition, Camino has increased its land position at its copper and silver Plata Dorada project. Camino seeks to acquire a portfolio of advanced copper assets that have the potential to deliver copper into an electrifying copper intensive global economy.
TSXV: GLDCExplorationAuBritish ColumbiaInterviewClick Here!Exploring. Expanding. Delivering.Cassiar Gold Corp. (TSX-V:GLDC; OTCQX:CGLCF; FRA:756) is a Canadian exploration company focused on the exploration of its two gold projects in British Columbia — the Cassiar Gold and the Sheep Creek Gold projects. Both are orogenic gold projects, similar to the Barkerville District of central British Columbia.

The Cassiar Gold project is a large orogenic gold property located in the Cassiar Mining District of northern British Columbia. The project has upside potential for both bulk-tonnage resources in the Cassiar North area and high-grade gold targets in the Cassiar South area. At Cassiar North, there is an NI43-101-compliant resource estimate of 0.4 Moz gold at 1.43 g/t gold Indicated & 1.93 Moz gold at 0.95 g/t gold Inferred1 at the Taurus bulk-tonnage gold deposit. The Cassiar South project area hosts several past-producing high-grade gold mines that targeted high-grade quartz vein mineralization grading between 10-20 g/t gold1. Past production from the property is estimated to be >350,000 oz gold1, with most of it extracted from the high-grade quartz veins.

The Sheep Creek Gold Project is an underexplored, orogenic gold project located in southern British Columbia within the Sheep Creek Mining District, which is third largest past-producing orogenic gold districts in BC. Historical gold production (1900-1951) in the area was estimated at 742,000 oz gold at an average grade of 14.7 g/t gold2.
NYSE-A: CTGOProductionAuAlaskaInterviewClick Here!Developing Alaska's Next Gold MinesContango is a NYSE American listed company that engages in exploration for gold and associated minerals in Alaska. Contango holds a 30% interest in the Peak Gold JV, which leases approximately 675,000 acres of land for exploration and development on the Manh Choh project, with the remaining 70% owned by KG Mining (Alaska), Inc., an indirect subsidiary of Kinross Gold Corporation, operator of the Peak Gold JV. The Company and its subsidiaries also have (i) a lease on the Johnson Tract project from the underlying owner, CIRI Native Corporation, (ii) a lease on the Lucky Shot project from the underlying owner, Alaska Hardrock Inc., (iii) 100% ownership of approximately 8,600 acres of peripheral State of Alaska mining claims, and (iv) a 100% interest in approximately 145,000 acres of State of Alaska mining claims that give Contango the exclusive right to explore and develop minerals on these lands. Additional information can be found on our web page at www.contangoore.com.
TSXV: CPERExplorationCu, AuTasmaniaClick Here!Significant Foothold in an Emerging Copper & Gold Mineral Belt in TasmaniaCopperCorp is focused on the exploration and development of its Skyline and AMC copper-gold-REE projects in western Tasmania, Australia.
TSXV: ENDRExplorationCu, AuBritish ColumbiaClick Here!Advancing the Next Generation of Discovery in British Columbia’s Golden TriangleEnduro Metals is an exploration company focused on its Newmont Lake Project; a total 688km2 property located within the heart of British Columbia’s Golden Triangle. Building on prior results, Enduro Metals’ geological team has outlined multiple deposit environments of interest across the Newmont Lake Project including high-grade epithermal/skarn gold along the McLymont Fault, copper-gold alkalic porphyry mineralization at Burgundy, and newly discovered copper-gold porphyry mineralization at North Toe/Andrei.
TSXV: DLTAExplorationAgQuebec, OntarioClick Here!Exploration of Very High-Potential Gold & Base-Metal Projects in CanadaDelta Resources Limited is a Canadian mineral exploration and development company focused on growing shareholder value through the exploration of two properties located in the Chibougamau district of Quebec and in the Thunder Bay district of Ontario.
TSX: AGProductionAg, AuMexico, USAClick Here!There’s No Substitute For SilverFirst Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates four producing underground mines in Mexico: the Cerro Los Gatos Silver Mine (the Company holds a 70% interest in the Los Gatos Joint Venture that owns and operates the mine), the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, and the La Encantada Silver Mine, as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, U.S.A.

First Majestic is proud to own and operate its own minting facility, First Mint, LLC, and to offer a portion of its silver production for sale to the public. Bars, ingots, coins and medallions are available for purchase online at www.firstmint.com, at some of the lowest premiums available.
TSX: FFExplorationAuQuebec, OntarioInterviewClick Here!Advancing Two Major Gold Projects in CanadaFirst Mining is a gold developer advancing two of the largest gold projects in Canada, the Springpole Gold Project in northwestern Ontario, where we have commenced a Feasibility Study and permitting activities are on-going with a final Environmental Impact Statement / Environmental Assessment for the project submitted in November 2024, and the Duparquet Gold Project in Quebec, a PEA-stage development project located on the Destor-Porcupine Fault Zone in the prolific Abitibi region. First Mining also owns the Cameron Gold Project in Ontario and a portfolio of gold project interests including the Pickle Crow Gold Project (being advanced in partnership with Firefly Metals Ltd.) and the Hope Brook Gold Project (being advanced in partnership with Big Ridge Gold Corp.).

First Mining was established in 2015 by Mr. Keith Neumeyer, founding President and CEO of First Majestic Silver Corp.
TSXV: GHRTExplorationAuGuyana, SurinameClick Here!Continuing the Legacy of Mineral Resource Discovery in the Guiana ShieldGreenheart Gold is an exploration company that builds on a proven legacy of discoveries within the Guiana Shield, a highly prospective geological terrain that hosts numerous gold deposits yet remains relatively under-explored. The Company is led by former executives and members of the exploration group of Reunion Gold, a team that was most recently noted for the discovery and delineation of the multimillion-ounce Oko West deposit in Guyana. Greenheart Gold intends to build on its technical knowledge, strong contact base and previous success from exploring in the Guiana Shield to assemble, maintain and explore a portfolio of early-stage exploration projects in Guyana and Suriname that are prospective for orogenic gold deposits.
TSXV: HAYExplorationCu, AuArmeniaInterviewClick Here!Dedicated to DiscoveryHayasa Metals Inc. is a Canadian-based exploration company focused on advancing its copper and gold projects in the Tethyan Mineral belt of Armenia. The Company controls both the Urasar copper-gold project and the Vardenis copper-gold project. The Company is committed to responsible exploration and sustainable development practices while creating long-term value for shareholders. Hayasa trades on the TSX Venture Exchange under the symbol HAY and on the OTCQB under HAYAF.
TSXV: HHHExplorationAu, PGMBrazilExploring for Minerals and Precious Metals in Nevada USA and South AmericaHelius is a mineral exploration company focused on the identification and exploration of high-quality mineral assets across the Americas, with an emphasis on South American jurisdictions.
CSE: EDGMDevelopmentAuFinlandClick Here!An Open-Pit Mining Operation in Central Finland Boasting Europe’s Largest Gold Plant.Laiva Gold Inc is a Canadian company which owns the Laiva Gold mine in Finland. The company was formed in early 2023 following its spin out from Pilar Gold Inc. Management plans to begin gold production in 2025 with a public listing to follow.
Our corporate board is formed of a team of experienced mining and finance professionals who have worked on numerous publicly listed companies on TSX.
PRIVATEExplorationAu, AgNevadaClick Here!Unlocking the Potential of the Comstock Lode

TSXV: MGMExplorationAuQuebecClick Here!District Scale Gold PotentialMaple Gold Mines Ltd. is a Canadian gold exploration company focused on advancing its 100%-owned, district-scale Douay/Joutel Gold Project located in Québec’s prolific Abitibi Greenstone Belt, Canada's premier gold mining jurisdiction. In addition, the Company holds an exclusive option to acquire 100% of the Eagle Mine Property, a key part of the historical Joutel Mining Complex.

Douay/Joutel benefits from exceptional infrastructure access and boasts 481 km2 of highly prospective ground including an established gold mineral resource at Douay (SLR, 2022) with significant expansion potential as well as the past-producing Telbel and Eagle West mines at Joutel, which collectively produced 1.1 million ounces of gold between 1974 and 1993. The Company is well-capitalized and is currently focused on carrying out exploration and drill programs to grow mineral resources and make new discoveries to establish an exciting new gold district in the heart of the Abitibi.
ASX: MM8ExplorationCu, AuAustraliaClick Here!Advanced Exploration for Gold & Copper in Western AustraliaMedallion Metals Limited (Medallion and the Company) is a gold and copper focussed mining company on an exciting pathway to becoming a producer in Western Australia, one of the world’s most prominent and prolific gold mining states.

The Company has two 100% owned projects which cover approximately 600 square kilometres of tenure at the intersection of the world class Southern Cross greenstone belt and the Albany Fraser Orogen (located 500km south-east of Perth, near Esperance). To the north is the flagship Ravensthorpe Gold Project (RGP), which is the key focus of the Company’s sulphide gold development strategy. To the south lies the earlier stage Jerdacuttup Project (Jerdacuttup) prospective for base and precious metals.
TSXV: MSG | ASX: MTHExplorationAu, AgMexicoInterviewClick Here!Exploring one of the highest grade districts in Mexico’s prolific Sierra Madre Gold-Silver TrendMithril Silver and Gold Limited is an Australian and Canadian listed precious metals exploration company, focused on its flagship Copalquin District scale property, in Mexico's Sierra Madre Gold Silver Trend.
TSXV: NCAUDevelopmentAuGhanaInterviewClick Here!Advancing the Enchi Gold Project in GhanaNewcore Gold is advancing the Enchi Gold Project in southwest Ghana. The project’s 248 sq km land package covers 40 kms of Ghana’s Bibiani Shear Zone, a gold belt which hosts several large, multi-million-ounce gold mines. A PEA completed in 2024 highlighted the robust economics of developing an open pit, heap leach mine at Enchi, with low capital intensity and strong leverage to the gold price. Enchi’s longer-term potential benefits from the district-scale exploration opportunity that is largely underexplored to date with both resource growth potential along strike and at depth. Drilling is underway at Enchi focused on infill drilling designed to improve the confidence level of the existing Mineral Resource Estimate, along with exploration drilling to define the longer-term resource growth potential across the district scale property. Newcore’s top-tier leadership is aligned with shareholders through their 15% equity ownership and is backed by one of the strongest boards in the sector.
TSXV: NFGExplorationAuNewfoundlandInterviewClick Here!Grounded in Discovery, Focused on GrowthNew Found Gold holds a 100% interest in Queensway in Newfoundland and Labrador, a Tier 1 jurisdiction with excellent infrastructure and a skilled local workforce.

With over 600,000 metres of drilling completed since 2020, the Company has outlined multiple near-surface, high-grade gold discoveries over a 22 km strike extent. Recent drilling continues to yield new discoveries along strike and down dip of known gold zones, pointing to the district-scale potential of the 175,600 hectare Project that covers a 110 km strike extent along two prospective fault zones.

The Company has completed an initial mineral resource estimate and commissioned a preliminary economic assessment, which is scheduled for completion in late Q2/25.

New Found Gold has a new management team in place, a solid shareholder base, which includes an 19% holding by Eric Sprott, and is focused on growth and value creation at Queensway.

Please see the Company’s website at www.newfoundgold.ca and the Company’s SEDAR+ profile at www.sedarplus.ca.
TSXV: NIMProductionAuBritish ColumbiaClick Here!Powering Tomorrow's Critical Minerals TodayNicola Mining Inc. is a junior mining company listed on the TSX-V Exchange and Frankfurt Exchange that maintains a 100% owned mill and tailings facility, located near Merritt, British Columbia. It has signed Mining and Milling Profit Share Agreements with high-grade BC-based gold projects. Nicola’s fully permitted mill can process both gold and silver mill feed via gravity and flotation processes.

The Company owns 100% of the New Craigmont Project, a property that hosts historic high-grade copper mineralization and covers an area of over 10,800 hectares along the southern end of the Guichon Batholith and is adjacent to Highland Valley Copper, Canada’s largest copper mine. The Company also owns 100% of the Treasure Mountain Property, which includes 30 mineral claims and a mineral lease, spanning an area exceeding 2,200 hectares.
TSXV: PEXExplorationCu, AuBritish ColumbiaInterviewClick Here!BC's Leading Copper Exploration CompanyA Fiore Group company, Pacific Ridge's goal is to become British Columbia's leading copper exploration company. The Kliyul copper-gold project, located in the prolific Quesnel terrane close to existing infrastructure, is the Company's flagship project. In addition to Kliyul, Pacific Ridge's project portfolio includes the RDP copper-gold project, the Chuchi copper-gold project, the Onjo copper-gold project, and the Redton copper-gold project, all located in B.C. The Company would like to acknowledge that its B.C. projects are in the traditional, ancestral and unceded territories of the Gitxsan Nation, McLeod Lake Indian Band, Nak’azdli Whut’en, Takla Nation, and Tsay Keh Dene Nation.
TSXV: PGZExplorationCu, Au, SnSpainInterviewClick Here!Copper + Gold Exploration and Discovery in SpainPan Global Resources Inc. is actively exploring for copper-rich mineral deposits along with gold and other metals. Copper has compelling supply-demand fundamentals and outlook for strong long-term prices as a critical metal for global electrification and energy transition. Gold is also attracting record prices.

The Company’s flagship Escacena Project is located in the prolific Iberian Pyrite Belt in southern Spain, where a favourable permitting track record, excellent infrastructure, mining and professional expertise, and support for copper as a Strategic Raw Material by the European Commission collectively define a tier-one low-risk jurisdiction for mining investment. The Company’s second project, at Cármenes in northern Spain, is also an area with a long mining history and excellent infrastructure. The Pan Global team comprises proven talent in exploration, discovery, development, and mine operations - all of which are committed to operating safely and with utmost respect for the environment and our partnered communities. The Company is a member, and operates under the principles, of the United Nations Global Compact.
ASX: PURExplorationAu, LIArgentina, Click Here!The New Force in Lithium, Powering the Future of Clean Energy with High-Quality ProjectsPursuit Minerals Limited (ASX: PUR) is a strategic lithium exploration and development company focused on delivering high-value lithium assets to meet surging global demand. Our flagship Rio Grande Sur Lithium Project in Argentina’s Lithium Triangle positions us at the center of one of the world’s most prolific lithium-producing regions.
CSE: RFRExplorationAuQuebecClick Here!Renforth Resources Inc. is an active exploration company with gold resources on the Cadillac Break in Quebec, currently drilling the Parbec Property, contiguous to Canadian Malartic, to continue to define the total amount of gold present.
TSXV: SCOTDevelopmentAuBritish ColumbiaClick Here!Accelerating Toward ProductionScottie Resources holds 100% interest in the Scottie Gold Mine Property, which includes the high-grade, past-producing Scottie Gold Mine and the adjacent Blueberry Contact Zone. The Company also owns a 100% interest in the Georgia Project, host to the past-producing Georgia River Mine, as well as the Cambria, Sulu, and Tide North properties. In total, Scottie controls approximately 58,500 hectares of highly prospective mineral claims within the Stewart Mining Camp in British Columbia’s Golden Triangle—one of the world’s most prolific mineralized districts.
TSXV: SMProductionAu, AgMexicoClick Here!Mexico's Newest Silver ProducerSierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) is a precious metals development and exploration company focused on the Guitarra mine in the Temascaltepec mining district, Mexico, and the exploration and development of its Tepic property in Nayarit, Mexico. The Guitarra mine is a permitted underground mine, which includes a 500 t/d processing facility that operated until mid-2018 and restarted commercial production in January 2025.
TSXV: AGAExplorationAgNevada, New Mexico, AlaskaInterviewClick Here!Creating a Premier U.S. High Grade Silver DeveloperSilver47 Exploration Corp. is a mineral exploration company, focused on uncovering and developing silver-rich deposits in North America. The Company is creating a leading high-grade US-focused silver developer with a combined resource totaling 236 Moz AgEq at 334 g/t AgEq inferred and 10 Moz at 333 g/t AgEq Indicated. With operations in Alaska, Nevada and New Mexico, Silver47 Exploration is anchored in America’s most prolific mining jurisdictions. For detailed information regarding the Company’s properties, please refer to the technical reports and other filings available on SEDAR at www.sedarplus.ca.
TSXV: SLVRExplorationAgMexicoClick Here!Exploring and developing the historic El Tigre Mine district in MexicoAbout Silver Tiger and the El Tigre Historic Mine District
Silver Tiger Metals Inc. is a Canadian company whose management has more than 27 years’ experience
discovering, financing, and building large hydrothermal gold and silver mines in Mexico. Silver Tiger’s
100% owned 28,414 hectare Historic El Tigre Mining District is located in Sonora, Mexico. Principled
environmental, social and governance practices are core priorities at Silver Tiger.
Silver Tiger commenced work on its El Tigre Project in 2017. Silver Tiger has drilled over 150,000 metres
at the El Tigre Project, with 119,000 metres completed since 2020. Silver Tiger has completed a maiden
MRE in 2017 and MRE updates in 2023 and 2024. The PEA for the El Tigre open pit was released in
November 2023.
The 2024 PFS for the El Tigre open pit delivered robust economics. The PFS projects an After-Tax NPV
of US$222 million at a 5% discount rate, an After-Tax IRR of 40.0%, and a payback period of 2.0 years.
This open pit operation is expected to have a 10-year mine life. The El Tigre project delivers a life of mine
undiscounted After-Tax Cash Flow of US$318 million, with initial capital costs of $86.8 million (including
$9.3 million in contingency). Operating cash costs are projected at $973/oz AuEq and $12/oz AgEq, with
AISC at $1,214/oz AuEq and $14/oz AgEq. The economics of the Project have been evaluated based on a
discounted $26/oz silver price and gold price of $2,150/oz.
A PEA for the permitted underground mineral resource is expected to be released in Q3-2025
TSXV: VIPRExplorationAgMexicoInterviewClick Here!Silver Viper Minerals Corp. (TSX.V: VIPR, OTCQB: VIPRF) is a Canadian-based junior mineral exploration company focused on advancing precious metals projects in Mexico. The Company currently operates two key assets: its flagship resource-stage La Virginia Gold-Silver Project in Sonora and the recently acquired Cimarron Gold-Copper Project in Sinaloa.
TSX: TSKProductionAuBritish ColumbiaClick Here!High-Grade Canadian Gold ProductionTalisker is a junior resource company involved in the exploration of gold projects in British Columbia, Canada. Talisker’s projects include two advanced stage projects, the Bralorne Gold Complex and the Ladner Gold Project, both advanced stage projects with significant exploration potential from historical high-grade producing gold mines, as well as its Spences Bridge Project where the Company holds ~85% of the emerging Spences Bridge Gold Belt and several other early-stage Greenfields projects.

With its properties comprising 304,931 hectares over 500 claims, three leases and 197 crown grant claims, Talisker is a dominant exploration player in the south-central British Columbia. The Company is well funded to advance its aggressive systematic exploration program at its projects.
TSXV: TKDevelopmentZn, Ag, Sn, PbPeruClick Here!Ayawilca– One of the Largest Undeveloped Zinc Deposits in the Americas, With Silver and Tin UpsideTinka is an exploration and development company with its flagship property being the 100%-owned Ayawilca zinc-silvertin project in central Peru, and is also exploring the nearby Silvia copper-gold project. Mineral Resources at Ayawilca
include the Zinc Zone which has an estimated Indicated Mineral Resource of 28.3 Mt grading 5.8% zinc, 16.4 g/t silver,
0.2% lead and 91 g/t indium, and an Inferred Mineral Resource of 31.2 Mt grading 4.2% zinc, 14.5 g/t silver, 0.2% lead and
45 g/t indium. The Tin Zone at Ayawilca has an estimated Indicated Mineral Resource of 1.4 million tonnes grading 0.72%
tin and an Inferred Mineral Resource of 12.7 Mt grading 0.76% tin.