OVERVIEW

$13,000,000 spent on exploration to date

Building on 60,000 meters of historical drilling (prior to 2015)

More than 15,000 meters over 120 holes completed in 2022

Results from 23 out of 120 holes remain pending

9kms from the NELLIGAN project of IAMGOLD

12kms from the LAC SURPRISE of NORTHERN SUPERIOR

60KMS southwest of Chibougamau; project accessible year-round by road

110 Mining titles covering 5,392.57 ha optioned from SOQUEM

Highlight Historical Holes

17.9m @ 9.14 g/t Au from 282m
56.5m @2.43 g/t Au from 32m
26.55m @ 3.94 g/t Au from 340.3m

Highlight Holes from 2022

21.5m @ 429 g/t Au from 78.5m
35.6m @ 1.69 g/t Au from 26.5
10.5m @ 3.86 g/t Au from 198.0m

Recent results in the FAULT AREA indicate possibility of linking the mineralization of the northwest and southeast zones.

SOQUEM Option Agreement

50% to be secured with a total of $3.5M expenditures over 5 years – fully funded

• Year 1 - $300,000 in expenditures completed.
• Year 2 - $400,000 in expenditures completed.
• Year 3 - $700,000 in expenditures completed.
• Year 4 – $900,000 before March 21, 2023 (expenditure requirement completed but yet to be approved by Soquem)
• Year 5 - $1,200,000 before March 21, 2024