Investment Highlights

01. Agnico Eagle - Partner & Shareholder

  • Currently operating and funding exploration at Carscallen
  • $110 million in potential exploration commitment
  • 5.9% shareholder interest

02. Tight Capital Structure

  • 27.1 million shares outstanding with 25%+ owned by
    Management & Family
  • $2.6M in working capital

03. Aligned Management Team

  • Large insider ownership and industry low G&A
  • Over 80% of annual budget spent on exploration

04. Exceptional Assets

  • All projects located in Ontario or Quebec; established & strong
    mining jurisdictions
  • Genex Project (Timmins,ON): Melkior lead flagship with historical
    copper production and gold VMS potential
  • Carscallen Project (Timmins,ON): Under option/JV to Agnico
    Eagle to explore a high-grade gold system amongst 8 established