Illinois Creek Project Exploration Update

TSX-V: WAM High Grade Silver Initial Resource Estimate: 75Moz AgEq at 980g/t AgEq February 2024 → Quality High grade deposits with good margins and smaller capex get built Ounces Unlike lower grade projects with big development capex are challenged Focus • Investor focus should be on projects which demonstrate the potential for high margins and manageable capital intensity the path to profitability, in a realistic timeframe 3

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