District South

Hellemyr is part of the Project Hub. The Hellemyr project area has on June 25 been combined with the Company’s Holtefjell project by way of staking additional claims. It now consists of 22 contiguous license blocks that straddle the border of the Ovre Eiker, Flesberg, and Kongsberg in the county of Buskerud. The project measures 195 sq. km. in size and is located between the cities of Kongsberg and Hokksund. On June 25, it was announced that a field crew has been mobilized to include Hellemyr in the Companys summer exploration program.

Merkedammen is part of the Project Hub. The Merkedammen project area consists of 26 contiguous license blocks in the Vestfold area in the south of Norway. The total license area measures 235 sq. km. in size and is located south of the cities of Drammen and Kongsberg near Oslo. On June 25, it was announced that a field crew has been mobilized to include Merkedammen in the Companys summer exploration program.

Hulderdalen is part of the Project Hub. On May 21, the Company announced that it has commenced its regional summer exploration program, starting at Hulderdalen. The Hulderdalen Phosphate-REE-Iron-Titanium Project consists of eight contiguous licenses in the Vestland province of southern Norway. The project covers an area of 71 square kilometers. The property has excellent access through all-weather paved primary/secondary roads and gravel roads.

Moelva is part of the Project Hub. The Project Hub secures the Company prospective projects on a national scale, that meet its ambitions of contributing to the development of the European supply of critical metals and maximizing the first-mover advantage in Norway. It also serves as a potential catalyst to pursue non-dilutive financing options, as we aim to bolster our exploration efforts without compromising the integrity of our core projects or the shareholder structure through either project deals, sales, or soft funding. Furthermore, the Project Hub functions as a de-risking mechanism by providing flexibility in project development within the Company. On May 21, the Company announced that it has commenced its regional summer exploration program, starting at the Hulderdalen project and Moelva being one of the four projects within the program.

Kvelde is part of the Project Hub. On May 21, the Company announced that it has commenced its regional summer exploration program, starting at the Hulderdalen project and Kvelde being one of the four projects within the program.

Kiste is part of the Project Hub. On May 21, the Company announced that it has commenced its regional summer exploration program, starting at the Hulderdalen project and Kiste being one of the four projects within the program.

Vassmyr is part of the Project Hub. The Project Hub secures the Company prospective projects on a national scale, that meet its ambitions of contributing to the development of the European supply of critical metals and maximizing the first-mover advantage in Norway.

Meland is part of the Project Hub. The Project Hub secures the Company prospective projects on a national scale, that meet its ambitions of contributing to the development of the European supply of critical metals and maximizing the first-mover advantage in Norway.

Nordnosi is part of the Project Hub. The Project Hub secures the Company prospective projects on a national scale, that meet its ambitions of contributing to the development of the European supply of critical metals and maximizing the first-mover advantage in Norway.

Numedal is part of the Project Hub. The Project Hub secures the Company prospective projects on a national scale, that meet its ambitions of contributing to the development of the European supply of critical metals and maximizing the first-mover advantage in Norway.

Visnes is part of the Project Hub. The Project Hub secures the Company prospective projects on a national scale, that meet its ambitions of contributing to the development of the European supply of critical metals and maximizing the first-mover advantage in Norway.

Eikland is part of the Project Hub. The Project Hub secures the Company prospective projects on a national scale, that meet its ambitions of contributing to the development of the European supply of critical metals and maximizing the first-mover advantage in Norway.

Torefjell is part of the Project Hub. The Project Hub secures the Company prospective projects on a national scale, that meet its ambitions of contributing to the development of the European supply of critical metals and maximizing the first-mover advantage in Norway.

Toreby is part of the Project Hub. The Project Hub secures the Company prospective projects on a national scale, that meet its ambitions of contributing to the development of the European supply of critical metals and maximizing the first-mover advantage in Norway.

Nordby is part of the Project Hub. The Project Hub secures the Company prospective projects on a national scale, that meet its ambitions of contributing to the development of the European supply of critical metals and maximizing the first-mover advantage in Norway.

Mydalen is part of the Project Hub. The Project Hub secures the Company prospective projects on a national scale, that meet its ambitions of contributing to the development of the European supply of critical metals and maximizing the first-mover advantage in Norway.

Gruvefjellet is part of the Project Hub. The Project Hub secures the Company prospective projects on a national scale, that meet its ambitions of contributing to the development of the European supply of critical metals and maximizing the first-mover advantage in Norway.

Gullring is part of the Project Hub. The Project Hub secures the Company prospective projects on a national scale, that meet its ambitions of contributing to the development of the European supply of critical metals and maximizing the first-mover advantage in Norway.