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Colombia

The Quinchia Gold Project

Project Overview

Multiple Deposits with Significant Upside Potential

2025/26 Work Program Primary Objectives:

Expand Mineral Resources, verify Dos Quebradas historical estimate, and test nearby targets for additional potential.

Increase Tesorito Mineral Resource confidence through infill drilling.

Refine geological understanding and models with new drill data.

Evaluate how potential resource expansion may affect PEA assumptions for staged development and initial capital planning.

Generate the technical data to support future PFS-level studies.

Project Overview

Quinchia

Large Resource Base and Strong Foundation of Value

Miraflores Project Recently Permitted For Development:

PEA provides strong economic and technical foundation.

Drilled. Defined. Permitted.

Exciting exploration upside potential to grow resources

Open-Pit Potential

Work plan in place to de-risk the project toward PFS in 2026.

2+M Ounces Discovered To-date:

drilling to commence in October 2025

Potential for Second Boiling Horizon

Miraflores

510,000 Ounces Au Measured and Indicated Mineral Resources

Planned 2025/26 Drilling

  • Extension Drilling: Up to 6,000 m planned to test potential extension of the Mineral Resource at depth, including evaluation of a second boiling horizon as predicted by the geologic model.

Miraflores Highlights

  • Located 1 km from proposed PEA plant.
  • 250 m x 200 m breccia pipe footprint at surface, mineralisation traced to >350 m depth.
  • Strongest mineralisation between 200-300 m, interpreted as a hydrothermal boiling zone.
  • Limited drilling to ~500 m intersected breccia with visible gold, quart-calcite, and base metal sulphides.
  • Indicators suggest a potential second boiling zone at greater depth, not yet tested.

Adjacent Open Pit Potential

Tesorito

1,570k ounces Au Inferred Mineral Resource

2025/26 Drilling

  • Infill Drilling: 4,000 m planned to increase confidence in Tesorito Mineral Resource.
  • Extension Drilling: Up to 8,000 m planned to test potential Mineral Resource extensions at depth and along strike

Tesorito Highlights

  • Located 1 km from proposed PEA plant.
  • ~350 m width and >700 m strike, mineralisation traced to >450 m depth.
  • It remains open at depth and along strike with additional lateral potential.

Future Resource Potential

Dos Quebradas

The historical estimate¹ is based on 19 drill holes totaling 8,824 m

Near-Hub Potential

  • Dos Quebradas deposit located 3km from proposed PEA plant location.

2025 Planned Work Program

  • Relog historical core.
  • Conduct field mapping and trenching.
  • Refine geological interpretation and model.
  • Resample historical core to verify assay dataset to determine suitability for mineral resource estimation activities.

2026 Planned Drill Program

  • 1,000 m of drilling planned to further evaluate the deposit’s potential.

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