Corcoran Silver
Emily Manganese

Corcoran Silver, Nevada

Overview Drilled silver-gold resource with excellent expansion potential
Commodity / Target Silver (Ag), Gold (Au)
Deposit Type Low-Sulphidation Epithermal
Location Nye County, Nevada, USA
Asset Stage Resource
NI 43-101 Resource(1) 33.5M oz Ag-Eq
Next phase of work Resource expansion, metallurgical testwork, flow sheet development

(1) NI 43-101 Mineral Resource Estimate, Corcoran Silver deposit, by Mr. Gregory Z. Mosher, P.Geo., M.Sc. and Mr. David S. Smith, P.Geo., M.S., dated October 12, 2020. Open-pit resources cut-off grade of 15 g/t Ag-Eq; underground resources cut-off grade of 100 g/t Ag-Eq. Silver equivalent calculated from prices of US$21.09/oz silver and US$1,657/oz gold and recoveries of 77% silver and 45% gold estimated from test work commissioned by Centennial Mining.

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Emily Manganese, Minnesota

Overview Largest and highest-grade manganese resource in North America
Commodity / Target Manganese (Mn), Iron (Fe)
Deposit Type Manganese-enriched Banded Iron
Location Crow Wing County, Minnesota, USA
Asset Stage Resource
NI 43-101 Indicated Resource
NI 43-101 Inferred Resource(2)
5.69Mt @ 19.20% Mn and 23.02% Fe
778Kt @ 22.48% Mn and 22.15% Fe
Next phase of work Resource expansion, metallurgical testwork, flow sheet development

(2) NI 43-101 Mineral Resource Estimate, Emily Manganese property, by Mr. Brad M. Dunn, CPG and has an effective date of June 12, 2020

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