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Investor Presentaiton

Growth Highlights at Florida Canyon Mine Current Opportunity Optimizing Current Oxide Operation for Near-term Production Growth Long-term Opportunity Evaluating Significant Sulfide System Below Oxide Material to Increase Production & Mine Life Assembled a team to review the long-term viability of the significant sulfide potential below the large oxide deposit Development Focus • Preparing for Redevelopment • Completed a reliable geologic model in Q2 Began an initial drill plan targeting sulfide resources in Q3 Prepare PEA on the viability of the sulfides with an initial resource for year- end 2024, assuming "proof-of-concept" successful *Refer to "Notes & Disclosures For Mineral Resource and Reserve Estimates" in the Appendix. TSX: AR | 9
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