Cabin Lake Project

British Columbia, Canada

PROJECT HIGHLIGHTS

Prime Location in a prolific district, BC’s world-famous Stikine Terrane.
Analogous geology to the Kitsault-Dolly Varden silver-gold district located in the south of the Golden Triangle.
Located close to the $1.2 B dollar New Coastal Gaslink and High voltage Transmission lines.
Proximal to significant deposits such as Black Water (Artemis Gold, 11.7M oz Au and 122.4M oz Ag M&I) and Endako (globally significant historical open pit molybdenum mine).
Historical Intercepts include 0.6m of 2,463 ppm Silver
Hand trench sample over 500 g/t silver.

Source: 43-101 Technical Report on the Cabin Lake Property – 2026
Mineralization hosted on adjacent or nearby properties is not necessarily indicative of mineralization on the Company’s property.

PROJECT OVERVIEW

The Cabin Lake Project covers 2,300 hectares and is located approximately 145 km west of Prince George, 22 km southwest of Fraser Lake in the Omineca Mining Division of central British Columbia. The Property lies along the eastern margin of the Stikine Island Arc Terrane within the Intermontane Belt.

The showings are characterized by intensely silicified granodiorite with heavy manganese staining on fractures.
Mineralized veins contain galena, sphalerite, pyrite, chalcopyrite, covellite, arsenopyrite, and tennantite in a gangue of grey to white cryptocrystalline to fine drusy quartz.
Galena is the main ore mineral and occurs as fine to coarse disseminations and massive sulphide bands up to 3 cm thick.

History

The Cabin Lake property has a long history of exploration spanning nearly six decades, with consistent identification of Ag-Pb-Zn ± Au mineralization. Exploration techniques evolved from basic prospecting to integrated geophysical and geochemical surveys, supported by drilling and trenching to define vein-hosted mineralization.

GEOLOGY

The east of the property is underlain by Lower to Middle Jurassic volcano-sedimentary rocks of the Hazelton Group, Late Cretaceous andesite belonging to the Kasalka Group to the west, Eocene to Oligocene Endako and Ootsa formations (Nechako Plateau Group) andesite and rhyolite respectively to the south and quartz monzonite of the Late Cretaceous Cabin Lake pluton centered within the claim group.

2024 Exploration Program

Hand trenching and sampling yielded new areas of mineralization
One sample yielded over 500 g/t silver
4 samples over 1 g/t Au
5 samples over 100 g/t Ag
Clear zones of follow-up with high grade gold, silver, lead and zinc

The 2025 exploration program confirmed polymetallic surface mineralization hosted in altered volcanics, silicified intrusives, and clay-altered units. Individual samples returned up to 0.29 ppm Au, 181 ppm Ag, 7582 ppm Cu, 134 ppm Mo, and >2,000 ppm Pb and Zn. Moderate to strong geochemical associations were observed providing guidance for future exploration targeting.

DRILLING – NOTABLE HISTORICAL INTERCEPTS:

All samples were collected and analyzed using industry standard procedures. Analytical work was completed by an independent accredited laboratory.

PROJECT WORKPLAN

We are planning a two-phase exploration program.

Our Phase One exploration plan includes:

Technical compilation and ranked drill targets.
Mapping, hand trenching and channel sampling while permit advances.
Assess airborne EM to refine sulphide targets.
Submit drill permit with the objective of achieving drill readiness upon receipt of approvals.

The Phase 1 results will help us hone our Phase 2 diamond drilling program.