2024 Drill Program

Hole KW-24-026 intercepted the mineralized zone at approximately 190 meters from surface and returned 5.92 g/t gold over 12.34 meters, including 19.43 g/t gold over 1.74 meters and 42.40 g/t gold over 0.50 meters.
Hole KW-24-028 was drilled 60 meters northeast along strike at hole KW-24-026 and returned 3.88 g/t gold over 13.81 meters, including 12.51 g/t gold over 3.50 meters and 10.60 g/t over 0.51 meters.
KW-24-029 was drilled 90 meters northeast along strike of hole KW-24-026 intercepting 4.17 g/t gold over 5.75 meters, including 17.30 g/t gold over 1.18 meters.
Hole KW-24-027 was drilled 20 meters deeper than KW-24-026 and intercepted 0.91 g/t gold over 16.55 meters.

Hole KW-24-017 intercepted 30.72 g/t gold over 5.70 meters, including its highest-ever intercept of 313.00 g/t over 0.55 meters (Table 1).
Hole KW-24-024 intercepted 8.93 g/t gold over 12.45 meters, including 32.96 g/t gold over 2.73 meters at Elora. in addition, this hole intercepted a hanging wall structure that returned 1.67 g/t gold over 2.75 meters, including 8.41 g/t gold over 0.43 meters.
Phase 5 drilling has been completed. Remaining drill results are expected in the coming weeks. This phase consisted of nine holes totaling 1,598 meters focused on the depth expansion at Elora and Big Master 1 gold systems and infill drilling at Big Master 2.
Video summaries of our released drill holes can be found he re.

Four holes have been completed to test the extension of the Elora gold system along the high-grade plunge.
Hole KW-24-008 reported earlier this year returned multiple intercepts of both quartz veining and sulphide mineralization returning 14.10 g/t gold over 7.54 meters including 43.81 g/t gold over 1.42 meters and 92.10 g/t gold over 0.30 meters.
Hole KW-24-017 reported here, intersected mineralization 30 meters deeper and 45 meters along strike of hole KW-24-008 (Figure 1).
The zone intersected in hole KW-24-017 is located at 220 meters true depth and consisted of pyrite mineralization and quartz veins within sheared volcanics. Adjacent to the mineralization zone a felsic dyke was observed which is hypothesized to be a correlated to the gold bearing event and was observed in the majority of the high-grade holes in the Gold Rock Camp.
Two additional holes (KW-24-024 and KW-24-025) were drilled as part of the Phase 5 program focused on the plunge extension of hole KW-24-017 with assays pending

KW-24-008 intercepted 14.10 g/t gold over 7.54 meters, including 43.81 g/t gold over 1.42 meters and 92.10 g/t gold over 0.30 meters.
KW-24-003 intercepted 53.51 g/t gold over 1.05 meters, including 181.00 g/t gold over 0.30 meters.
For a video summary of drill results, please click here.

KW-23-009A intersecting 26.11 g/t gold over 3.16 m, including 79.80 g/t gold over 0.33 m

Confirmed 1.5 km strike length on the Big Master gold system – open in all directions
- Significant step-out to the northeast of 450 m KW-23-004 returning 3.40 g/t gold over 1.60 m
- KW-23-010 intersecting 3.70 g/t gold over 6.00 m, including 10.60 g/t gold over 0.4 m
Confirmed orientation and expanded historically delineated high-grade shoot
- KW-23-016 which intersected 3.81 g/t gold over 7.00 m, including 71.00 g/t gold over 0.30 m
- KW-23-018 intersecting 6.66 g/t gold over 4.30 m, including 44.80 g/t gold over 0.27 m

Several holes were focused on testing the controls on high-grade shoot orientation caused by intersection of structures (lineation) and fold hinge orientation.

Previous drilling indicated the potential for these new high-grade shoots, but the continuity and orientation of the potential shoots had not been previously tested.

KW-23-009A returned 26.11 g/t gold over 3.16 m, including 79.80 g/t gold over 0.33 m BM1

KW-23-010 intersected 3.70 g/t gold over 6.0 m including 10.60 g/t gold over 0.40 m BM2

KW-23-016 returned 3.81 g/t gold over 7.00 m, including 71.00 g/t gold over 0.30 m

30.72 g/t gold over 5.70 meters
15.17 g/t gold over 6.95 meters
15.4 g/t gold over 6.1 meters
26.11 g/t gold over 3.16 meters, including 79.80 g/t gold over 0.33 meters
6.66 g/t gold over 4.30 meters, including 44.80 g/t gold over 0.27 meters
3.81 g/t gold over 7.00 meters, including 71.00 g/t gold over 0.30 meters
53.51 g/t gold over 1.05 meters, including 181.00 g/t gold over 0.30 meters
3,497.0 g/t gold over 8.5 meters *historic hole* including 53,700 g/t gold over 0.55 meters

7.7 g/t gold over 3.0 meters *historic hole*, including 46.0 g/t gold over 0.5 meters
15.4 g/t gold over 5.5 meters *historic hole*, including 83.1 g/t gold over 1.0 meters