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THORN Gold-Silver ASSET

ASSET DESCRIPTION

ASSET NAME

THORN Gold-Silver

ASSET TYPE

Exploration

Exploration METALS & MINERALS

Gold, Silver

DEPOSIT TYPE

Epithermal HS vein, Diatreme Breccia, Sediment hosted, porphyry

TOTAL WORKFORCE (CONTRACTORS INCLUDED)

ESTIMATED NO. LOCALLY EMPLOYED

SPECIFIC LOCATION

Sutlahine R, Stikine Region, BC, Canada

CURRENT ASSET STATUS

Drilling
Scoping
Seeking Partnership

THE LARGEST

Abundant high grade gold-silver intercepts and showings

ONE OF THE TOP

One of the top silver intercepts on record, 95m of 628 g/t Ag, plus gold-Zn, Pb, Cu for 900 g/t AgEq

REFERENCE OR DISTRICT NAME

NorthWest BC Trend

NAME OF TREND

THORN gold-silver distrct

NAME OF BELT

Scotch Belt

HISTORICAL OWNERSHIP

OWNERSHIP	FROM	TO	COMMENT
THORN Gold-Silver was acquired on	Jan 1, 2007		Including work by Brixton a total 323 silts, 5,194 soils, 1,321 rocks samples were collected. Geophysical work included ground magnetics, IP, airborne VTEM, and magnetics. The total drilling to date is 21,327m within 155 holes property wide.
Kennco Explorations (Western) Limited	Jan 1, 1959	Jan 1, 2007

MINERAL RESOURCES AND RESERVES

Mineral Resources:

Metal	Measured				Indicated				Inferred			Attributable interests
Metal	Tonnage	Grade	Contained	CutOff	Tonnage	Grade	Contained	CutOff	Tonnage	Grade	Contained	Contained
Gold	0 k mt	0 g/t	0 k oz	0 g/t	0 k mt	0 g/t	0 k oz	0 g/t	0 k mt	0 g/t	0 k oz	0
Silver	0 k mt	0 g/t	0 m oz	0 g/t	0 k mt	0 g/t	0 m oz	0 g/t	8.4 k mt	90 g/t	21.5 m oz	100

Mineral Reserves:

Metal	Proven				Probable				Attributable interests
Metal	Tonnage	Grade	Contained	CutOff	Tonnage	Grade	Contained	CutOff	Contained
Gold	0 k mt	0 g/t	0 k oz	0 g/t	0 k mt	0 g/t	0 k oz	0 g/t	0
Silver	0 k mt	0 g/t	0 m oz	0 g/t	0 k mt	0 g/t	0 m oz	0 g/t	0

DISCOVERY COST

Reserve: Gold (oz)

$ 0.00

TOTAL CASH COST PER GOLD OUNCE

Amount in millions	Mining	Processing	Admin	Royalties	Total	%
Fuel	0	0	0	0	0	0 %
Maintenance	0	0	0	0	0	0 %
Labour	0	0	0	0	0	0 %
Insurance	0	0	0	0	0	0 %
Royalities	0	0	0	0	0	0 %
Reagents	0	0	0	0	0	0 %
Explosives	0	0	0	0	0	0 %
Contractors/consultants	0	0	0	0	0	0 %
Other*	0	0	0	0	0	0 %
Total US$ millions	0	0	0	0	0	0 %

PRODUCTION

PRODUCTION CYCLE	Annual	2026 Experiences				Expectations
PRODUCTION CYCLE	2025	Q1	Q2	Q3	Q4	2026	5 Year Avg	Remaining LOM
	0	0	0	0	0	0	0	0	Capital Expenditures	1	3
	0	0	0	0	0	0	0	0	Ore Tons Mined	2	3
	0	0	0	0	0	0	0	0	Mill Feed - Ore Tons Processed	3	3
	0	0	0	0	0	0	0	0	Gold (k oz) Produced	79	2
	0	0	0	0	0	0	0	0	Silver (m oz) Produced	93	2
	0	0	0	0	0	0	0	0	Gold (k oz) Sold	79	1
	0	0	0	0	0	0	0	0	Silver (m oz) Sold	93	1
	0	0	0	0	0	0	0	0	Gold Recovery (%)	79	4
	0	0	0	0	0	0	0	0	Silver Recovery (%)	93	4
	0	0	0	0	0	0	0	0	Cash Operating Cost	4	3
	0	0	0	0	0	0	0	0	All - in Sustaining Costs	5	3
	0	0	0	0	0	0	0	0	Strip Ratio – Waste:Ore	6	3

ARTICULATED HAULERS

US METRIC

MINING TRUCKS

US METRIC

POWER DEMAND

POWER AND ENGINEERING

Power Usage: total MWh per year

Peak power demand MW

Environmental Impact Assessment, man hours

Engineering firms

Local firms

AFTER TAX & ROYALTY NET PRESENT VALUE

Date of Assessment

Jun 13, 2026

ACCESS TO PROPERTY

ROAD ACCESS

No road

AIRPORT ACCESS

Private airstrip
Airport - charter access

AIRPORT NAME

ESTIMATED TRAVEL TIME

1 hour

SITE VISIT AVAILABILITY

Travel Description

a commercial flight to Whitehorse Yukon, then a one hour flight via fixed wing charter to the Thorn property

FreeText

Initial Capital Cost	Operating Expenses	NVP	Discount Rate	Payback period	After tax IRR	Gold (oz)	Silver (oz)