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Hyllvatnet copper-molybdenum project

Copper, Molybdenum, Silver 10 km2 Under non-binding LOI · 90% to be contributed

Cu-Ag-Mo project of roughly 10.0 km² in Central Norway.

Hyllvatnet Project

The Hyllvatnet Project comprises a single licence claim (covering 10km2) and is situated north of Trondheimsfjorden, about 40 km north of the city of Trondheim. The project hosts three historical mineral occurrences along the contact between Paleoproterozoic migmatitic gneiss and younger metasedimentary rocks and greenstones of the Seve Nappe, partly characterised by elevated precious- and base-metal grades. The area benefits from excellent infrastructure, including direct road access via public and local forestry roads/hiking trails, as well as proximity to shipping facilities in Trondheim and the international airport at Stjørdal. Assay results from the NGU database exist for 14 samples collected across the mineral occurrence sites with grades averaging 133 g/t Ag and 1.94 % Cu and values reaching 248.6 g/t Ag, 6.2 % Cu and 0.67% Mo (Geo.ngu.no, 2026) (see Figure 1).  The NGU have also reported geophysical (Induced Polarization) anomalies along the lithological contact (Figure 1). This, coupled with the notable surface grade data, highlights the prospectivity of the Project.

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Figure 4: Overview of the Hyllvatnet Project, Hyllvatnet project
Figure 4: Overview of the Hyllvatnet Project

Exploration-stage project. Any historical production, grades or estimates quoted in project descriptions are historical in nature, have not been verified by the Company as current mineral resources or reserves, and should not be relied upon. See the cautionary statements and the Qualified Person statement.