The property consists of 18 contiguous claims for a total of 760.68 hectares.

Under the terms of the Option Agreement, the Company shall have the right to earn a one hundred (100%) percent interest in and to the Properties in consideration for a series of cash payments, the issuance of common shares of the Company and incurring exploration expenditures on the Properties.

Upon exercise of the options, Cartier would retain a 2.0% net smelter returns royalty ("NSR") over the Properties. Under the terms of the Option Agreement, Exploits has the ability to repurchase the NSR in consideration for future cash payments, and Exploits will have full operational control over exploration activities on the Properties during the term of the Option Agreement (including the ability to reallocate expenditures between the Properties during the term of the option).

The Option Agreement is conditional on Exploits obtaining all necessary regulatory approvals required under the policies of the Canadian Securities Exchange on or before June 13, 2025. Any common shares of the Company that are issued to Cartier will be subject to a standard hold period of four months and one day following the date of issuance, pursuant to Canadian securities regulations.