Main Projects

Figure 1: Overview of the Tynset Project

The Tynset Project is 100%-owned by the Company and is located in central Norway within the Tynset municipality, Innlandet County. The Tynset Project consists of 10 granted exploration claims (covering a total area of 88 km²) that covers approximately 19 km of prospective strike length of the bimodal Hersjø Volcanic belt, which is considered to be fertile for the development of Cu-Zn-Ag VMS systems (see Figure 1). The Project benefits from established infrastructure, including a railway line running along the Project’s eastern boundary that connects to the deep-sea ports in the Trondheim area. The Norwegian National Road 3 also crosses the Project area. The Tynset Project is contiguous to the Sivilvangen project in which the Company holds a 10% free-carried ownership interest up until final investment decision through its partnership with Nordic Minerals AS, a wholly owned subsidiary of United Minerals Australia Pty Ltd (see Company press release dated January 5, 2026).