The Converse Gold Project is the largest undeveloped gold deposit not owned by a major mining company in Nevada -America's premier mining state. ‍

The project is located within the prolific Battle Mountain trend and counts with 5.57Moz of M+I gold resources and a further 0.42Moz of Inferred gold resources.

Mineralization

• Au-Cu skarn deposit associated with the Redline stock. Mineralization occurs within the adjacent Havallah sedimentary rocks and is associated with variable prograde and retrograde metamorphic assemblages
• Disseminated Au-Cu mineralization associated with liberated gold, Fe oxides, chalcopyrite and pyrrhotite widespread over a 1,280m by 640m area.
• Surface oxidation of the system occurs to variable depths

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Exploration Upside

• Additional upside through future exploration
• Outside of the existing block model, exploration upside at the Redline deposit is interpreted to mostly exist at depth, which remains open
• Property-scale exploration potential may exist in the lower plate rocks for Carlin-type mineralization

Notes:

1) Mineral Resources have an effective date of 31 December 2020. Mr. Mohan Srivastava, of RedDot3D inc., is the Qualified Person responsible for the Mineral Resource estimate.

2) Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.

3) Mineral Resources are the portion of the Redline North and Redline South deposits that have reasonable prospects for eventual economic extraction by open pit mining method and processed by gold heap leaching.

4) Mineral Resources are constrained oxide and sulfide mineralization inside a conceptual open pit shell. The main parameters for pit shell construction are a gold price of $1,750/oz gold, variable gold recovery for oxide, mixed and sulfide mineralization, open pit mining costs of $1.30/ton, heap leach processing costs of $4.80/ton, general and administrative costs of $0.29/ton processed, pitslope angles of 36° for alluvium and 41°below base of alluvium, and a 6.0% royalty.

5) Mineral Resources are reported above a 0.008 oz/ton gold cut-off grade. This is a marginal cut-off grade that generates sufficient revenue to cover conceptual processing, general and off-site costs given metallurgical recovery and long- range metal prices for gold and silver

6) Units are imperial tons.

7) Numbers have been rounded as required by reporting guidelines and may result in apparent summation differences.

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Permitting

• Permits in place for 50 acres of surface disturbance for exploration
• No known environmental impediments to advancing permitting of an open pit mine

Infrastructure

• Allowance for incoming transmission line and tie-in to the National Grid, on-site substation and emergency generators, as well as for water well field and pumping systems
• Sufficient water rights in place for future mining operations

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Newton Gold Project
_{0.84Moz Au Inferred in British Columbia}

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The Company has a binding letter of intent to acquire the Newton Gold Project in British Columbia, Canada. The completion of the acquisition of the Newton Project is subject to the entering into of a definitive agreement and satisfaction of all regulatory and third party approvals

‍LOCATED IN A PRECIOUS METALS DEVELOPMENT DISTRICT

The Newton property is located approximately 100 km west of the city of Williams Lake in central BC within a region characterized by plateau lands with gently rolling hills and other characteristics favourable to project development. The district is well served by existing transportation, power, infrastructure and a skilled workforce which support numerous operating mines as well as late-stage mineral development and exploration projects. Conditions are excellent for year-round exploration and development activities.

• ~180 km south of Artemis’ Blackwater Project (11.9M oz Au and 128M oz Ag)
• Blackwater was acquired from Newgold for $120M IN 2020
• Blackwater is permitted and in development to produce in 2024
• 50 km northeast of Taseko Mines Prosperity Deposit
  (13.3M oz of Au & 5.3B lbs Cu)

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PROJECT OVERVIEW

UNRIVALED PRECIOUS METALS PROJECT UPSIDE

‍34,000m drilled in 128 total drill holes

Drilled by previous owner, Amarc Resources Ltd. Explored and developed the resource during 2009 - 2012.

24,000+ Ha

Newton Gold Project encompasses more than 24,000 Ha, the deposit contains 861,400 oz Au & 4,678,000 oz Ag (Table 1-1).

Current resource occupies only 7% of the know IP anomaly

The IP anomaly measures 4 km x 2 km, covers an area greater than 7 sq/km – yet the current resource occupies slightly over 0.5 sq/km or just 7% of the anomaly

Notes:

1. CIM Definition Standards for Mineral Resources and Mineral Reserves (May 2014) and CIM Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines (November 2019) were used for mineral resource estimation.

2. Recovery factors used are 92% for Au and 45% for Ag.

3. metal prices used are US$1900/oz for Gold and US$25/oz for Silver 

4. O’Brien, M.F., (2022) Technical Report on the Updated Mineral Resource Estimate for the Newton Project, central British Columbia

Alteration Types

The alteration types and metal associations at Newton are nearly identical to those epithermal gold deposits in British Columbia – including the large Blackwater, Prosperity, Brucejack and Snowfields deposits

Epithermal Gold

The Newton Gold Project is a large, low - to intermediate-sulphidation, epithermal gold deposit that formed at about 72 Ma (Re-Os date by McClenaghan, 2012), contemporaneous with felsic volcanic and intrusive rocks emplaced into a rifted, structurally-active graben

Gold Mineralization

Gold mineralization is predominately hosted by Late Cretaceous felsic volcanic and intrusive rocks but also occurs in mafic volcanic and clastic sedimentary rocks and along fault and fracture zones

Strong quartz-sericite

Gold and associated base metal mineralization precipitated in extensive zones of strong quartz-sericite alteration

CROSS SECTION OF THE NEWTON DEPOSIT

Consistent mineralization from top to bottom

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RESOURCE UPSIDE OF EXISTING DEPOSIT

• Northern portion of resource has multiple gold grades in excess of 1 gpt
• Hole spacing prevents intersections from being incorporated into current resource
• Room to expand outside of current resource pit shell
• High grade intervals marked as waste in resource
• Multiple high-grade intersections exist outside of the current resource
• Strong continuity of high grade within main zone
• Felsic volcanic host rock was encountered nearly the entire 1,001 meters to depth which historically hosted all the gold and silver credits
• 1- Phase 1 drilling tested unchartered open at depth 500+ meters below the current deposit with a 1,001 meter drill hole

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SELECT DRILL INTERCEPTS

FOOTBALL FIELDS OF CONTIGUOUS PRECIOUS METALS ZONES

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MAIN ZONE – VEIN STOCKWORKS

• Typically, around 2 gpt Au
• Up to 8 gpt Au
• Ag can reach up to 200 gpt
• Pb, Zn, Mo are present as well
• The IP anomaly measures 4 km x 2 km and covers an area greater than 7 sq/km
• Yet, the current resource occupies slightly over 0.5 sq/km or just 7%​ of the anomaly

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Rattlesnake Hills Gold Project
_{0.61Moz Au M+I & 0.43Moz Au Inferred in Wyoming}

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The Rattlesnake Hills Gold Project is located in Central Wyoming approximately 100 kilometres southwest of Casper on the western side of Natrona County. The Rattlesnake Hills Gold Project encompasses the Rattlesnake Hills Gold District nearly in its entirety and is a district scale gold exploration project comprising of 1,573 unpatented lode mining claims as well as 8 Wyoming State mining leases covering an area of approximately 30,400 acres. 

Within the Rattlesnake Hills Gold Project, four significant zones of alteration and precious metal (gold and silver) mineralization have been identified that are associated with Eocene age alkalic intrusions at North Stock, Antelope Basin, South Stock and Blackjack. All four zones have been drilled and broad zones of low grade gold mineralization, as well as narrow discrete zones of high grade gold mineralization have been intersected, as indicated by the following highlights:

Below is a graphic comparing similar deposit characteristics, Cripple Creek (Newmont), to Rattlesnake Hills Gold Project.

The scientific and technical information contained has been reviewed and approved by Blake Mclaughlin, a “Qualified Person” as such term is defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43- 101”)