Baner Mine Option Agreement and Capital Structure
• Option agreement on the Baner Project structured for two work programs – Summer/Fall 2024 and 2025
• The Company has paid Champion C$25,000 upon execution of the LOI in May 2024.

1. Completion and Signing of the Agreement:
      1.C$75,000 cash payment;
     2.Issuance of 1.1 million common shares of the Company
     3.Issuance of 200,000 warrants at $0.30, for two years

2. 18 months (December 2025) from Signing:
     1.C$350,000 cash payment;
     2.Issuance of 200,000 common shares of the Company
     3.Issuance of 200,000 warrants to purchase common shares at the last closing price for the shares prior to the date of issuance, for two years from date of issuance.

3. 30 months from completion of the transaction
     1. C$500,000 cash payment
     2. Issuance of 200,000 warrants to purchase common shares at the last closing price for the shares prior to the date of issuance, for two years from date of issuance

4. 1% net smelter royalty on the project with a buy-back option for C$7.5M.