Project Overview

The Moray East Gold Project is a gold exploration project situated directionally south/south-east of Timmins, Ontario, and, at its formation, the project comprises a total of 203 mining claims covering approximately 4,380 ha (as measured by QGIS).

Prompt acquisition of the Issuer's Moray East Gold Project was guided by a newly announced gold discovery intercept at a (now-adjoining) third-party project. Specifically, the Moray East Gold Project is located on a contiguous basis to New Break Resources Ltd. ("New Break") which recently reported drill results at their adjoining Moray Gold Project (see news release by New Break Resources Ltd., New Break Maiden Drilling Returns 4.11 g/t Au over 31.3 Metres in Drillhole #5 and 3.35 g/t Au over 14.8 Metres in Drillhole #4 at Moray Gold Project, dated September 17, 2025). To its eastern extent, the Moray East Gold Project shares a claim border with Alamos Gold Inc.

The Issuer has paid the applicable Crown staking fees to the Government of Ontario. The Issuer holds a 100% interest in the Moray East Gold Project, and the project is held on a royalty-free basis (save to the Crown).

The Issuer is also pleased that the project holds contiguous project boundary with Alamos Gold Inc., a senior gold producer based in Canada, which the Issuer believes reflects the region's broader prospectivity. The Issuer believes that the Moray East Gold Project provides it with robust exposure to a region of Ontario where a prospective and emerging discovery intercept has been recently reported and it opens exciting potential exploration opportunities for the Issuer moving forward (upon funding).

Figure 1: Moray East Gold Project (Western Project Area)

Figure 2: Moray East Gold Project (Regional Project Context)

Preliminary Geological Highlights

The Moray East Gold Project is designed to cover a variety of mapped geological settings, which may in future receive varying focus levels as both regional developments and Issuer-ownership generate an enhanced understanding of the most prospective sub-areas of the project.

The Issuer notes that New Break has already identified what it views as compelling gold grab samples trending in a north/north-easterly direction in (third-party) mapped volcanic rocks, with those mapped volcanics extending onwards from New Break's Moray Gold Project into the Issuer's Moray East Gold Project.

Figure 3: Regional Geology (MLAS Geolayer)

The mapped volcanics are referenced by New Break within their above cited press release. The Issuer also believes that the area has potential for additional intrusive rocks to be discovered, either on an outcropping and/or buried basis. Therein, the general area may offer multiple gold-hosting environments given the newly recognized volcanic host-setting noted by New Break, as well as the regionally historic syenite-hosted model (see the above Figure 2 claim area held by Alamos Gold Inc., which hosts their producing Young-Davidson gold mine towards its eastern extent).

For further information (and technical disclosure) please click here.

The Issuer cautions that results and/or discoveries on other regional and/or adjacent projects, including without limitation the project area held by New Break Resources Ltd. (Moray Gold Project) and/or Alamos Gold Inc., are not necessarily indicative of the results that may be achieved on projects and/or project interests that may be held and/or operated by the Issuer, including, without limitation, at its Moray East Gold Project.

The Issuer cautions the Moray East Gold Project may be subject to certain internal project restrictions, such as alienations, surface restrictions and/or surface notices to be filed, Crown obligations, and the like, applicable items of which will be more fully identified in due course, subject to resource availability.

Neither the Issuer nor its Qualified Person is responsible for the content, technical or otherwise, of any third-party news releases referenced on this page.