Southern Silver Exploration Corp. press release

STLLR Gold Delivers Remaining Assay Results with Encouraging Gold Mineralization from Its Hollinger Tailings Project

2025-08-07

TSXV - TSX Venture Exchange · Silver · Gold · Copper · Lead · Zinc · Rare Earth Elements · Canada

Toronto, Ontario--(Newsfile Corp. - August 7, 2025) - STLLR Gold Inc.(TSX: STLR) (OTCQX: STLRF) (FSE: O9D) ("STLLR" or the "Company") is pleased to report the remaining results from its 2025 characterization program at the Hollinger Tailings Project ("Hollinger" or the "Project") located in the Timmins Mining Camp, Ontario, Canada.

Key takeaways from the Hollinger characterization program:

Consistent grade profile:Results from the program demonstrate uniform grade distribution across drilled intervals. Most holes returned mineralized values throughout their full length.

Grade Trends Within Hollinger:The Company observed higher gold grades in Phase 1 (the northern portion of Hollinger; see Figure 1), particularly near the southern end where the historical tailings dam wall is located. Overall results support the economic potential of Hollinger and its further advancement towards a mineral resource estimate and metallurgical testing.

Metallurgical Testing and Mineral Resource Modelling Underway: STLLR has initiated metallurgical testing of the Hollinger material, with a mineral resource estimate to follow. Results from both programs are expected in the second half of 2025.

Further Characterization Opportunities:While the 2025 program successfully covered the majority of the Hollinger deposit, certain areas-such as the ponds and the eastern extent of Phase 1-remain to be characterized in future phases to further enhance the dataset.

Table 1: Hollinger Characterization Program Assay Highlights (For more information see Tables 2 & 3 and Figures 1 to 5):

| Hole ID | Assay Result | | HTF25-215 | 0.70 grams per tonne gold ("g/t Au") over 23.70 metres ("m") | | KP25-04 | 0.57 g/t Au over 21.75 m | | HTF25-224 | 0.56 g/t Au over 23.45 m (including 0.58 g/t Au over 3.00 m & 0.63 g/t Au over 11.85 m) | | HTF25-265 | 0.56 g/t Au over 16.20 m (including 0.65 g/t Au over 8.60 m) | | HTF25-225 | 0.54 g/t Au over 25.35 m (including 0.64 g/t Au over 13.40 m) | | HTF25-129 | 0.54 g/t Au over 23.40 m (including 0.62 g/t Au over 9.70 m) | | HTF25-038 | 0.53 g/t Au over 22.05 m (including 0.68 g/t Au over 5.40 m & 0.60 g/t Au over 10.55 m) | | HTF25-233 | 0.53 g/t Au over 21.90 m (including 0.56 g/t Au over 4.10 m & 0.59 g/t Au over 7.40 m) | | HTF25-234 | 0.53 g/t Au over 22.45 m (including 0.53 g/t Au over 5.60 m & 0.61 g/t Au over 10.65 m) | | HTF25-250 | 0.53 g/t Au over 20.10 m (including 0.56 g/t Au over 5.10 m & 0.56 g/t Au over 8.10 m) | | HTF25-226 | 0.52 g/t Au over 26.40 m (including 0.61 g/t Au over 14.00 m | | HTF25-227 | 0.52 g/t Au over 23.60 m (including 0.62 g/t Au over 4.00 m & 0.60 g/t Au over 11.75 m) | | HTF25-232 | 0.52 g/t Au over 23.90 m (including 0.65 g/t Au over 3.05 m & 0.55 g/t Au over 12.35 m) | | HTF25-249 | 0.52 g/t Au over 19.60 m (including 0.70 g/t Au over 1.50 m & 0.55 g/t Au over 8.85 m) |

Keyvan Salehi, P.Eng., MBA, President, CEO, and Director of STLLR, commented:"We've concluded the assaying of the successful 2025 Hollinger characterization program. We are pleased with the consistent gold mineralization across the facility and are encouraged by the gold grades we have observed. We remain encouraged by Hollinger's economic potential at current gold prices. The results of the metallurgical testing program and the mineral resource estimate are key data points that can allow us to assess Hollinger's near-term cash flow potential."

Hollinger Characterization Program

Located in southeast Timmins, Ontario, the Hollinger Tailings Project holds tailings from the historic Hollinger Mine, once the world's largest gold mine. Operating from 1910 to 1968, it produced 19 million ounces of gold at an average grade of 9.9 grams per tonne.1The site contains an estimated 50-60 million tonnes of tailings. Recent amendments to Ontario's Mining Act2have streamlined the permitting process for reprocessing historical tailings, aligning economic opportunity with environmental remediation. Given current gold prices and the potential for low capital intensity, STLLR believes Hollinger presents significant opportunity for value creation.

STLLR's comprehensive characterization program is designed to assess the Project's potential and information gathering for a recovery permit and remediation plan. The Company has completed 11,223 metres of sonic drilling across 423 holes, spaced on a 50 m grid pattern. Assay results demonstrate consistent gold mineralization across the facility. The Company is currently advancing a metallurgical testing program to evaluate recovery potential, with results and a mineral resource estimate targeted for release in the second half of 2025. Please review Figures 1 to 5 and Tables 1 to 3 for further context.

[](https://images.newsfilecorp.com/files/4852/261568_bb4dfd40347518cb_001full.jpg)

Figure 1: Hollinger Characterization Program - Drill Location Map

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/4852/261568_bb4dfd40347518cb_001full.jpg

[](https://images.newsfilecorp.com/files/4852/261568_bb4dfd40347518cb_002full.jpg)

Figure 2: Hollinger Characterization Program - Zoomed In Drill Location Map #1

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/4852/261568_bb4dfd40347518cb_002full.jpg

[](https://images.newsfilecorp.com/files/4852/261568_bb4dfd40347518cb_003full.jpg)

Figure 3: Hollinger Characterization Program - Zoomed In Drill Location Map #2

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/4852/261568_bb4dfd40347518cb_003full.jpg

[](https://images.newsfilecorp.com/files/4852/261568_bb4dfd40347518cb_004full.jpg)

Figure 4: Hollinger Characterization Program - Section "A-B" Looking North

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/4852/261568_bb4dfd40347518cb_004full.jpg

[](https://images.newsfilecorp.com/files/4852/261568_bb4dfd40347518cb_005full.jpg)

Figure 5: Hollinger Characterization Program - Section "C-D" Looking North

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/4852/261568_bb4dfd40347518cb_005full.jpg

Table 2: Hollinger Characterization Intercepts*

| Hole ID | From (m) | To (m) | Interval (m) | Grade (g/t Au) | Metal Factor g/t Au x m | Area | | HTF25-031 | 0.00 | 20.60 | 20.60 | 0.50 | 10.32 | Phase 1 | | including | 10.65 | 20.00 | 9.35 | 0.58 | 5.45 | Phase 1 | | HTF25-034 | 0.00 | 23.65 | 23.65 | 0.37 | 8.68 | Phase 1 | | including | 21.35 | 23.65 | 2.30 | 0.64 | 1.48 | Phase 1 | | HTF25-038 | 0.00 | 22.05 | 22.05 | 0.53 | 11.61 | Phase 1 | | including | 0.70 | 6.10 | 5.40 | 0.68 | 3.66 | Phase 1 | | including | 8.15 | 18.70 | 10.55 | 0.60 | 6.34 | Phase 1 | | HTF25-039 | 0.00 | 23.85 | 23.85 | 0.36 | 8.57 | Phase 1 | | HTF25-045 | 0.00 | 20.70 | 20.70 | 0.45 | 9.28 | Phase 1 | | including | 11.00 | 17.00 | 6.00 | 0.60 | 3.60 | Phase 1 | | HTF25-046 | 0.00 | 23.55 | 23.55 | 0.35 | 8.19 | Phase 1 | | HTF25-047 | 0.00 | 23.70 | 23.70 | 0.41 | 9.83 | Phase 1 | | HTF25-051 | 0.00 | 25.00 | 25.00 | 0.37 | 9.33 | Phase 1 | | including | 19.00 | 23.00 | 4.00 | 0.51 | 2.03 | Phase 1 | | HTF25-052 | 1.00 | 22.40 | 21.40 | 0.34 | 7.23 | Phase 1 | | HTF25-053 | 0.00 | 23.80 | 23.80 | 0.30 | 7.23 | Phase 1 | | HTF25-057 | 0.00 | 23.30 | 23.30 | 0.29 | 6.66 | Phase 1 | | HTF25-059 | 0.00 | 22.25 | 22.25 | 0.32 | 7.20 | Phase 1 | | including | 19.80 | 22.25 | 2.45 | 0.54 | 1.32 | Phase 1 | | HTF25-060 | 0.00 | 21.90 | 21.90 | 0.33 | 7.21 | Phase 1 | | HTF25-092 | 8.70 | 20.82 | 12.12 | 0.36 | 4.34 | Phase 1 | | HTF25-104 | 0.00 | 17.87 | 17.87 | 0.26 | 4.63 | Phase 1 | | HTF25-115 | 0.00 | 22.55 | 22.55 | 0.42 | 9.37 | Phase 1 | | including | 0.00 | 1.00 | 1.00 | 1.26 | 1.26 | Phase 1 | | including | 18.75 | 21.85 | 3.10 | 0.48 | 1.49 | Phase 1 | | HTF25-123 | 0.00 | 16.75 | 16.75 | 0.48 | 8.00 | Phase 1 | | including | 0.00 | 4.10 | 4.10 | 0.57 | 2.33 | Phase 1 | | including | 11.30 | 16.75 | 5.45 | 0.51 | 2.80 | Phase 1 | | HTF25-125 | 0.00 | 17.85 | 17.85 | 0.48 | 8.62 | Phase 1 | | including | 0.00 | 2.00 | 2.00 | 0.58 | 1.17 | Phase 1 | | including | 5.00 | 7.60 | 2.60 | 0.56 | 1.47 | Phase 1 | | including | 12.00 | 15.60 | 3.60 | 0.66 | 2.37 | Phase 1 | | HTF25-129 | 0.00 | 23.40 | 23.40 | 0.54 | 12.56 | Phase 1 | | including | 3.70 | 9.65 | 5.95 | 0.52 | 3.10 | Phase 1 | | including | 13.70 | 23.40 | 9.70 | 0.62 | 5.98 | Phase 1 | | HTF25-186 | 0.00 | 24.10 | 24.10 | 0.28 | 6.71 | Phase 2 | | HTF25-191 | 0.00 | 23.30 | 23.30 | 0.24 | 5.52 | Phase 2 | | HTF25-198 | 0.00 | 26.90 | 26.90 | 0.32 | 8.57 | Phase 2 | | HTF25-210 | 0.00 | 23.45 | 23.45 | 0.23 | 5.35 | Phase 2 | | HTF25-214 | 0.00 | 22.10 | 22.10 | 0.27 | 6.06 | Phase 2 | | HTF25-215 | 0.00 | 23.70 | 23.70 | 0.70 | 16.64 | Phase 2 | | HTF25-218 | 0.00 | 22.30 | 22.30 | 0.26 | 5.74 | Phase 2 | | HTF25-219 | 0.00 | 23.50 | 23.50 | 0.21 | 5.05 | Phase 2 | | HTF25-220 | 0.00 | 22.40 | 22.40 | 0.21 | 4.66 | Phase 2 | | HTF25-222 | 0.00 | 22.50 | 22.50 | 0.20 | 4.61 | Phase 2 | | HTF25-224 | 0.00 | 23.45 | 23.45 | 0.56 | 13.03 | Phase 1 | | including | 3.00 | 6.00 | 3.00 | 0.58 | 1.73 | Phase 1 | | including | 9.50 | 21.35 | 11.85 | 0.63 | 7.42 | Phase 1 | | HTF25-225 | 0.00 | 25.35 | 25.35 | 0.54 | 13.66 | Phase 1 | | including | 0.00 | 3.05 | 3.05 | 0.53 | 1.62 | Phase 1 | | including | 11.00 | 24.40 | 13.40 | 0.64 | 8.55 | Phase 1 | | HTF25-226 | 0.00 | 26.40 | 26.40 | 0.52 | 13.83 | Phase 1 | | including | 11.00 | 25.00 | 14.00 | 0.61 | 8.57 | Phase 1 | | HTF25-227 | 0.00 | 23.60 | 23.60 | 0.52 | 12.25 | Phase 1 | | including | 0.00 | 4.00 | 4.00 | 0.62 | 2.47 | Phase 1 | | including | 9.60 | 21.35 | 11.75 | 0.60 | 7.03 | Phase 1 | | HTF25-230 | 0.00 | 23.25 | 23.25 | 0.48 | 11.21 | Phase 1 | | including | 0.00 | 2.00 | 2.00 | 0.59 | 1.17 | Phase 1 | | including | 5.50 | 14.30 | 8.80 | 0.54 | 4.76 | Phase 1 | | including | 20.00 | 22.00 | 2.00 | 0.52 | 1.04 | Phase 1 | | HTF25-232 | 0.00 | 23.90 | 23.90 | 0.52 | 12.36 | Phase 1 | | including | 0.00 | 3.05 | 3.05 | 0.65 | 1.97 | Phase 1 | | including | 10.65 | 23.00 | 12.35 | 0.55 | 6.77 | Phase 1 | | HTF25-233 | 0.00 | 21.90 | 21.90 | 0.53 | 11.52 | Phase 1 | | including | 0.00 | 3.05 | 3.05 | 0.51 | 1.56 | Phase 1 | | including | 8.10 | 12.20 | 4.10 | 0.56 | 2.31 | Phase 1 | | including | 14.50 | 21.90 | 7.40 | 0.59 | 4.39 | Phase 1 | | HTF25-234 | 0.00 | 22.45 | 22.45 | 0.53 | 11.84 | Phase 1 | | including | 0.00 | 5.60 | 5.60 | 0.53 | 2.97 | Phase 1 | | including | 11.80 | 22.45 | 10.65 | 0.61 | 6.50 | Phase 1 | | HTF25-235 | 0.00 | 22.85 | 22.85 | 0.41 | 9.36 | Phase 1 | | including | 13.70 | 18.70 | 5.00 | 0.64 | 3.18 | Phase 1 | | HTF25-238 | 0.00 | 22.85 | 22.85 | 0.32 | 7.39 | Phase 2 | | including | 18.70 | 22.85 | 4.15 | 0.66 | 2.72 | Phase 2 | | HTF25-245 | 0.00 | 22.65 | 22.65 | 0.27 | 6.05 | Phase 2 | | HTF25-246 | 0.00 | 23.75 | 23.75 | 0.31 | 7.36 | Phase 2 | | HTF25-247 | 0.00 | 23.10 | 23.10 | 0.41 | 9.53 | Phase 1 | | including | 14.00 | 21.35 | 7.35 | 0.52 | 3.84 | Phase 1 | | HTF25-248 | 1.50 | 23.25 | 21.75 | 0.39 | 8.41 | Phase 1 | | HTF25-249 | 0.00 | 19.60 | 19.60 | 0.52 | 10.14 | Phase 1 | | including | 3.05 | 4.55 | 1.50 | 0.70 | 1.05 | Phase 1 | | including | 9.15 | 18.00 | 8.85 | 0.55 | 4.87 | Phase 1 | | HTF25-250 | 0.00 | 20.10 | 20.10 | 0.53 | 10.62 | Phase 1 | | including | 1.00 | 6.10 | 5.10 | 0.56 | 2.84 | Phase 1 | | including | 12.00 | 20.10 | 8.10 | 0.56 | 4.57 | Phase 1 | | HTF25-251 | 0.00 | 19.30 | 19.30 | 0.49 | 9.48 | Phase 1 | | including | 0.00 | 3.05 | 3.05 | 0.51 | 1.57 | Phase 1 | | including | 9.00 | 11.10 | 2.10 | 0.60 | 1.26 | Phase 1 | | including | 13.00 | 19.30 | 6.30 | 0.53 | 3.36 | Phase 1 | | and | 21.35 | 22.85 | 1.50 | 0.32 | 0.48 | Phase 1 | | HTF25-252 | 0.65 | 19.30 | 18.65 | 0.51 | 9.51 | Phase 1 | | including | 0.65 | 2.60 | 1.95 | 0.65 | 1.27 | Phase 1 | | including | 9.00 | 12.00 | 3.00 | 0.57 | 1.70 | Phase 1 | | including | 14.00 | 19.30 | 5.30 | 0.57 | 3.02 | Phase 1 | | HTF25-253 | 0.00 | 19.50 | 19.50 | 0.51 | 9.86 | Phase 1 | | including | 9.65 | 19.50 | 9.85 | 0.57 | 5.66 | Phase 1 | | HTF25-256 | 0.00 | 23.50 | 23.50 | 0.33 | 7.80 | Phase 2 | | HTF25-257 | 0.00 | 23.30 | 23.30 | 0.29 | 6.77 | Phase 2 | | HTF25-258 | 0.00 | 23.40 | 23.40 | 0.32 | 7.41 | Phase 2 | | HTF25-259 | 0.00 | 26.40 | 26.40 | 0.31 | 8.23 | Phase 2 | | including | 24.40 | 26.40 | 2.00 | 0.53 | 1.06 | Phase 2 | | HTF25-260 | 0.00 | 22.20 | 22.20 | 0.35 | 7.82 | Phase 2 | | HTF25-261 | 0.00 | 24.70 | 24.70 | 0.29 | 7.24 | Phase 2 | | HTF25-262 | 0.00 | 23.30 | 23.30 | 0.28 | 6.42 | Phase 2 | | HTF25-263 | 0.00 | 23.95 | 23.95 | 0.30 | 7.26 | Phase 2 | | including | 21.35 | 23.95 | 2.60 | 0.60 | 1.56 | Phase 2 | | HTF25-264 | 0.00 | 17.25 | 17.25 | 0.50 | 8.64 | Phase 1 | | including | 7.00 | 9.65 | 2.65 | 0.50 | 1.32 | Phase 1 | | including | 10.65 | 17.25 | 6.60 | 0.55 | 3.66 | Phase 1 | | HTF25-265 | 0.00 | 16.20 | 16.20 | 0.56 | 9.07 | Phase 1 | | including | 1.00 | 3.45 | 2.45 | 0.51 | 1.24 | Phase 1 | | including | 7.60 | 16.20 | 8.60 | 0.65 | 5.56 | Phase 1 | | HTF25-267 | 0.00 | 22.95 | 22.95 | 0.33 | 7.57 | Phase 2 | | including | 0.00 | 3.75 | 3.75 | 0.59 | 2.21 | Phase 2 | | including | 17.75 | 19.15 | 1.40 | 0.78 | 1.10 | Phase 2 | | HTF25-269 | 0.00 | 23.40 | 23.40 | 0.39 | 9.05 | Phase 2 | | HTF25-274 | 0.00 | 22.30 | 22.30 | 0.37 | 8.22 | Phase 2 | | including | 0.00 | 2.00 | 2.00 | 0.53 | 1.07 | Phase 2 | | HTF25-275 | 0.30 | 22.45 | 22.15 | 0.34 | 7.64 | Phase 2 | | including | 20.00 | 22.45 | 2.45 | 0.60 | 1.46 | Phase 2 | | HTF25-280 | 0.00 | 22.55 | 22.55 | 0.32 | 7.28 | Phase 2 | | including | 0.00 | 2.60 | 2.60 | 0.54 | 1.40 | Phase 2 | | HTF25-290 | 0.00 | 21.35 | 21.35 | 0.25 | 5.26 | Phase 2 | | HTF25-293 | 0.00 | 20.40 | 20.40 | 0.28 | 5.81 | Phase 2 | | HTF25-297 | 0.00 | 20.65 | 20.65 | 0.40 | 8.29 | Phase 2 | | including | 12.50 | 15.25 | 2.75 | 0.50 | 1.37 | Phase 2 | | HTF25-300 | 0.00 | 19.45 | 19.45 | 0.25 | 4.91 | Phase 2 | | HTF25-308 | 0.85 | 19.80 | 18.95 | 0.27 | 5.02 | Phase 2 | | HTF25-337 | 0.00 | 17.15 | 17.15 | 0.35 | 6.06 | Phase 2 | | HTF25-338 | 0.00 | 19.10 | 19.10 | 0.32 | 6.12 | Phase 2 | | including | 0.00 | 1.50 | 1.50 | 0.82 | 1.23 | Phase 2 | | HTF25-344 | 0.00 | 22.00 | 22.00 | 0.38 | 8.38 | Phase 1 | | HTF25-347 | 0.00 | 22.35 | 22.35 | 0.36 | 8.10 | Phase 1 | | HTF25-351 | 0.00 | 16.50 | 16.50 | 0.32 | 5.34 | Phase 2 | | HTF25-352 | 0.00 | 15.05 | 15.05 | 0.29 | 4.37 | Phase 2 | | including | 0.00 | 3.05 | 3.05 | 0.52 | 1.58 | Phase 2 | | HTF25-354 | 0.00 | 14.50 | 14.50 | 0.27 | 3.88 | Phase 2 | | HTF25-355 | 0.70 | 14.00 | 13.30 | 0.20 | 2.60 | Phase 2 | | HTF25-356 | 0.00 | 16.75 | 16.75 | 0.33 | 5.49 | Phase 2 | | HTF25-357 | 0.00 | 17.25 | 17.25 | 0.31 | 5.40 | Phase 2 | | HTF25-358 | 0.00 | 13.30 | 13.30 | 0.28 | 3.70 | Phase 2 | | HTF25-360 | 0.00 | 16.75 | 16.75 | 0.22 | 3.62 | Phase 2 | | HTF25-361 | 0.50 | 12.95 | 12.45 | 0.20 | 2.46 | Phase 2 | | HTF25-362 | 1.50 | 13.00 | 11.50 | 0.21 | 2.39 | Phase 2 | | HTF25-363 | 0.00 | 11.75 | 11.75 | 0.41 | 4.81 | Phase 1 | | HTF25-364 | 0.00 | 12.20 | 12.20 | 0.44 | 5.32 | Phase 1 | | including | 1.30 | 4.30 | 3.00 | 0.55 | 1.64 | Phase 1 | | HTF25-365 | 0.00 | 13.70 | 13.70 | 0.51 | 6.94 | Phase 1 | | including | 8.00 | 13.70 | 5.70 | 0.63 | 3.61 | Phase 1 | | HTF25-367 | 1.50 | 17.00 | 15.50 | 0.50 | 7.71 | Phase 1 | | including | 7.60 | 11.00 | 3.40 | 0.52 | 1.77 | Phase 1 | | including | 13.00 | 16.00 | 3.00 | 0.68 | 2.04 | Phase 1 | | HTF25-368 | 0.00 | 13.70 | 13.70 | 0.44 | 6.06 | Phase 1 | | including | 6.30 | 9.75 | 3.45 | 0.61 | 2.10 | Phase 1 | | HTF25-369 | 0.00 | 14.70 | 14.70 | 0.36 | 5.36 | Phase 1 | | HTF25-370 | 0.00 | 13.10 | 13.10 | 0.35 | 4.58 | Phase 1 | | including | 0.00 | 2.20 | 2.20 | 0.65 | 1.42 | Phase 1 | | HTF25-371 | 3.80 | 26.10 | 22.30 | 0.30 | 6.67 | Phase 1 | | HTF25-377 | 0.65 | 11.40 | 10.75 | 0.18 | 1.95 | Phase 2 | | HTF25-378 | 0.50 | 14.55 | 14.05 | 0.37 | 5.21 | Phase 1 | | HTF25-380 | 0.00 | 11.25 | 11.25 | 0.31 | 3.49 | Phase 2 | | HTF25-382 | 0.00 | 9.15 | 9.15 | 0.28 | 2.58 | Phase 2 | | HTF25-383 | 0.00 | 8.05 | 8.05 | 0.30 | 2.41 | Phase 2 | | HTF25-386 | 0.60 | 8.80 | 8.20 | 0.41 | 3.39 | Phase 1 | | HTF25-394 | 5.65 | 26.50 | 20.85 | 0.34 | 7.09 | Phase 1 | | including | 15.00 | 16.75 | 1.75 | 0.57 | 0.99 | Phase 1 | | HTF25-398 | 5.10 | 24.25 | 19.15 | 0.38 | 7.37 | Phase 1 | | and | 27.45 | 30.50 | 3.05 | 0.32 | 0.97 | Phase 1 | | HTF25-399 | 9.15 | 25.30 | 16.15 | 0.36 | 5.83 | Phase 1 | | and | 27.45 | 28.95 | 1.50 | 0.29 | 0.43 | Phase 1 | | HTF25-400 | 3.05 | 25.80 | 22.75 | 0.29 | 6.50 | Phase 1 | | HTF25-402 | 3.05 | 24.40 | 21.35 | 0.42 | 9.02 | Phase 1 | | KP25-03 | 0.00 | 22.20 | 22.20 | 0.48 | 10.68 | Phase 1 | | including | 9.15 | 16.25 | 7.10 | 0.62 | 4.41 | Phase 1 | | KP25-04 | 0.00 | 21.75 | 21.75 | 0.57 | 12.48 | Phase 1 | | KP25-10 | 0.00 | 3.50 | 3.50 | 0.48 | 1.68 | Phase 1 | | KP25-12 | 0.00 | 2.50 | 2.50 | 0.63 | 1.59 | Phase 1 | | KP25-15 | 0.00 | 28.45 | 28.45 | 0.32 | 9.18 | Phase 2 |

*Note: Included intercepts are calculated using a 0.5 g/t Au cut-off and a maximum of 2 m internal dilutions

Table 3: Hollinger Characterization Hole Details

| Hole ID | Easting | Northing | Elevation | Azimuth | Inclination | Depth (m) | | HTF25-031 | 476357.143 | 5367015.985 | 318.98 | 0 | -90 | 24.40 | | HTF25-034 | 476308.278 | 5366767.342 | 319.08 | 0 | -90 | 30.50 | | HTF25-038 | 476407.957 | 5367018.796 | 318.86 | 0 | -90 | 24.40 | | HTF25-039 | 476356.458 | 5366817.212 | 319.48 | 0 | -90 | 30.50 | | HTF25-045 | 476457.101 | 5367018.727 | 318.68 | 0 | -90 | 30.50 | | HTF25-046 | 476407.288 | 5366819.106 | 319.41 | 0 | -90 | 30.50 | | HTF25-047 | 476458.266 | 5366968.531 | 319.49 | 0 | -90 | 27.45 | | HTF25-051 | 476458.385 | 5366869.167 | 319.86 | 0 | -90 | 30.50 | | HTF25-052 | 476507.946 | 5366668.244 | 318.36 | 0 | -90 | 27.45 | | HTF25-053 | 476454.890 | 5366816.791 | 319.39 | 0 | -90 | 27.45 | | HTF25-057 | 476458.668 | 5366717.489 | 318.50 | 0 | -90 | 30.50 | | HTF25-059 | 476458.426 | 5366667.765 | 318.31 | 0 | -90 | 30.50 | | HTF25-060 | 476609.374 | 5366667.792 | 319.25 | 0 | -90 | 30.50 | | HTF25-092 | 476906.411 | 5366963.948 | 327.76 | 0 | -90 | 21.35 | | HTF25-104 | 476959.325 | 5366818.673 | 317.89 | 0 | -90 | 19.80 | | HTF25-115 | 476206.481 | 5367069.559 | 320.18 | 0 | -90 | 24.40 | | HTF25-123 | 476208.741 | 5367163.035 | 320.92 | 0 | -90 | 16.75 | | HTF25-125 | 476105.217 | 5367168.272 | 320.95 | 0 | -90 | 21.35 | | HTF25-129 | 476107.254 | 5367070.740 | 320.04 | 0 | -90 | 25.90 | | HTF25-186 | 476204.873 | 5366315.484 | 318.58 | 0 | -90 | 25.90 | | HTF25-191 | 476300.275 | 5366314.895 | 317.97 | 0 | -90 | 27.45 | | HTF25-198 | 476263.115 | 5366171.068 | 319.82 | 0 | -90 | 30.50 | | HTF25-210 | 476454.504 | 5366264.149 | 318.21 | 0 | -90 | 28.95 | | HTF25-214 | 476460.923 | 5366478.921 | 317.88 | 0 | -90 | 25.55 | | HTF25-215 | 476460.479 | 5366510.566 | 318.36 | 0 | -90 | 24.40 | | HTF25-218 | 476506.436 | 5366214.686 | 318.62 | 0 | -90 | 27.45 | | HTF25-219 | 476507.920 | 5366264.078 | 318.25 | 0 | -90 | 27.45 | | HTF25-220 | 476496.384 | 5366317.592 | 318.24 | 0 | -90 | 27.45 | | HTF25-222 | 476505.858 | 5366416.460 | 318.46 | 0 | -90 | 24.40 | | HTF25-224 | 476509.695 | 5366516.151 | 319.52 | 0 | -90 | 27.45 | | HTF25-225 | 476409.939 | 5366526.238 | 318.36 | 0 | -90 | 27.45 | | HTF25-226 | 476359.908 | 5366529.777 | 318.24 | 0 | -90 | 27.10 | | HTF25-227 | 476309.376 | 5366532.774 | 318.37 | 0 | -90 | 27.45 | | HTF25-230 | 476158.151 | 5366620.687 | 317.71 | 0 | -90 | 27.45 | | HTF25-232 | 476556.693 | 5366523.081 | 318.73 | 0 | -90 | 25.90 | | HTF25-233 | 476673.184 | 5366512.958 | 319.76 | 0 | -90 | 24.40 | | HTF25-234 | 476708.442 | 5366518.389 | 319.11 | 0 | -90 | 24.40 | | HTF25-235 | 476757.412 | 5366514.956 | 318.55 | 0 | -90 | 24.40 | | HTF25-238 | 476562.678 | 5366474.561 | 318.91 | 0 | -90 | 27.45 | | HTF25-245 | 476555.814 | 5366164.776 | 319.30 | 0 | -90 | 27.45 | | HTF25-246 | 476561.447 | 5366120.124 | 319.65 | 0 | -90 | 27.45 | | HTF25-247 | 476212.230 | 5366565.072 | 317.45 | 0 | -90 | 27.45 | | HTF25-248 | 476255.843 | 5366569.032 | 317.44 | 0 | -90 | 27.45 | | HTF25-249 | 476804.998 | 5366514.795 | 318.41 | 0 | -90 | 24.40 | | HTF25-250 | 476858.104 | 5366515.778 | 318.36 | 0 | -90 | 24.40 | | HTF25-251 | 476903.145 | 5366516.912 | 318.30 | 0 | -90 | 24.40 | | HTF25-252 | 476956.386 | 5366516.623 | 318.08 | 0 | -90 | 24.10 | | HTF25-253 | 477007.913 | 5366520.210 | 317.98 | 0 | -90 | 24.40 | | HTF25-256 | 476613.847 | 5366116.349 | 319.62 | 0 | -90 | 27.45 | | HTF25-257 | 476606.645 | 5366166.815 | 319.39 | 0 | -90 | 27.45 | | HTF25-258 | 476609.700 | 5366220.756 | 319.51 | 0 | -90 | 27.45 | | HTF25-259 | 476595.059 | 5366260.527 | 318.89 | 0 | -90 | 27.45 | | HTF25-260 | 476595.628 | 5366315.063 | 318.80 | 0 | -90 | 27.45 | | HTF25-261 | 476594.467 | 5366370.699 | 318.89 | 0 | -90 | 27.20 | | HTF25-262 | 476596.261 | 5366413.198 | 319.00 | 0 | -90 | 27.45 | | HTF25-263 | 476600.213 | 5366467.450 | 319.13 | 0 | -90 | 25.50 | | HTF25-264 | 477057.316 | 5366519.561 | 317.90 | 0 | -90 | 21.35 | | HTF25-265 | 477108.392 | 5366518.666 | 318.11 | 0 | -90 | 21.35 | | HTF25-267 | 476763.305 | 5366470.078 | 318.56 | 0 | -90 | 24.40 | | HTF25-269 | 476658.877 | 5366167.147 | 319.89 | 0 | -90 | 27.45 | | HTF25-274 | 476662.090 | 5366418.335 | 319.45 | 0 | -90 | 27.45 | | HTF25-275 | 476656.831 | 5366463.706 | 319.52 | 0 | -90 | 25.90 | | HTF25-280 | 476704.836 | 5366318.553 | 319.50 | 0 | -90 | 27.45 | | HTF25-290 | 476762.169 | 5366420.276 | 319.03 | 0 | -90 | 25.55 | | HTF25-293 | 476811.726 | 5366217.974 | 318.95 | 0 | -90 | 24.40 | | HTF25-297 | 476855.692 | 5366120.888 | 319.68 | 0 | -90 | 24.40 | | HTF25-300 | 476853.450 | 5366265.638 | 318.42 | 0 | -90 | 24.40 | | HTF25-308 | 476907.370 | 5366266.967 | 318.36 | 0 | -90 | 24.40 | | HTF25-337 | 477208.917 | 5366165.781 | 319.58 | 0 | -90 | 21.35 | | HTF25-338 | 477207.982 | 5366217.214 | 318.89 | 0 | -90 | 21.35 | | HTF25-344 | 476609.190 | 5366614.514 | 318.85 | 0 | -90 | 25.90 | | HTF25-347 | 476859.735 | 5366620.159 | 317.37 | 0 | -90 | 24.40 | | HTF25-351 | 477255.787 | 5366214.419 | 318.89 | 0 | -90 | 21.35 | | HTF25-352 | 477255.487 | 5366262.081 | 318.66 | 0 | -90 | 15.25 | | HTF25-354 | 477257.744 | 5366369.719 | 317.42 | 0 | -90 | 38.10 | | HTF25-355 | 477258.287 | 5366405.732 | 317.09 | 0 | -90 | 15.25 | | HTF25-356 | 477308.525 | 5366164.569 | 319.70 | 0 | -90 | 18.30 | | HTF25-357 | 477306.772 | 5366216.993 | 318.97 | 0 | -90 | 19.80 | | HTF25-358 | 477305.067 | 5366264.644 | 318.48 | 0 | -90 | 13.70 | | HTF25-360 | 477305.844 | 5366367.549 | 317.74 | 0 | -90 | 19.80 | | HTF25-361 | 477304.891 | 5366418.583 | 317.40 | 0 | -90 | 18.30 | | HTF25-362 | 477309.795 | 5366462.496 | 317.05 | 0 | -90 | 15.25 | | HTF25-363 | 477305.147 | 5366523.099 | 318.13 | 0 | -90 | 12.20 | | HTF25-364 | 477258.989 | 5366523.615 | 318.13 | 0 | -90 | 18.30 | | HTF25-365 | 477208.075 | 5366516.480 | 318.27 | 0 | -90 | 13.70 | | HTF25-367 | 477156.341 | 5366566.370 | 316.88 | 0 | -90 | 18.30 | | HTF25-368 | 477207.874 | 5366568.063 | 316.94 | 0 | -90 | 18.30 | | HTF25-369 | 477257.568 | 5366561.570 | 317.02 | 0 | -90 | 15.25 | | HTF25-370 | 477308.964 | 5366568.017 | 317.01 | 0 | -90 | 15.25 | | HTF25-371 | 476510.669 | 5366770.068 | 322.41 | 0 | -90 | 33.55 | | HTF25-377 | 477353.748 | 5366466.182 | 317.68 | 0 | -90 | 15.25 | | HTF25-378 | 477358.193 | 5366523.183 | 318.17 | 0 | -90 | 16.75 | | HTF25-380 | 477411.562 | 5366217.522 | 319.29 | 0 | -90 | 12.20 | | HTF25-382 | 477410.324 | 5366318.096 | 319.81 | 0 | -90 | 12.20 | | HTF25-383 | 477409.891 | 5366367.316 | 319.90 | 0 | -90 | 12.20 | | HTF25-386 | 477408.042 | 5366515.705 | 318.66 | 0 | -90 | 12.20 | | HTF25-394 | 476600.623 | 5366868.220 | 321.70 | 0 | -90 | 27.45 | | HTF25-398 | 476558.584 | 5366913.374 | 322.81 | 0 | -90 | 30.50 | | HTF25-399 | 476560.167 | 5366862.291 | 322.81 | 0 | -90 | 30.50 | | HTF25-400 | 476567.745 | 5366812.788 | 323.26 | 0 | -90 | 30.50 | | HTF25-402 | 476507.560 | 5366961.433 | 322.08 | 0 | -90 | 27.45 | | KP25-03 | 476407.928 | 5367020.774 | 318.93 | 0 | -90 | 27.45 | | KP25-04 | 476404.244 | 5367035.508 | 320.74 | 0 | -90 | 28.95 | | KP25-10 | 477591.339 | 5366582.240 | 320.86 | 0 | -90 | 19.80 | | KP25-12 | 477558.195 | 5367011.050 | 320.32 | 0 | -90 | 24.40 | | KP25-15 | 475872.774 | 5366533.705 | 319.28 | 0 | -90 | 59.45 |