• The Company acquired a 100% interest in the 34 Morris Project claims (“Morris”) in July 2021 by paying $5,000 and issuing a 1% NSR royalty.
• The Morris property package was more than doubled through staking additional claims in January 2022.
• Data compilation, prospecting, sampling and geophysical survey results have shown evidence of strong hydrothermal alteration and associated conductors typically encountered around VMS deposits.

Figure: 100% owned Morris claims with geology and geophysics compilation

Morris is located approximately 30 km east-northeast of the town of Matagami and approximately 110 km north-east from the Douay camp. The property lies within the Matagami mining district, renowned for hosting numerous volcanogenic massive sulphide (VMS) deposits. The property occurs on the south shore of Lac Olga and can be easily accessed by James Bay road, and secondary gravel roads.

Twenty VMS deposits have been discovered in the Matagami mining district since the initial discovery of the Mattagami Lake Mine in 1956. Historical work indicated that the volcanic units hosting the high-grade zinc-copper deposits of the Matagami mining camp are present at Morris. In 2021, Maple Gold Mines completed a reconnaissance style mapping and sampling program, which confirmed the presence of favorable hydrothermally altered felsic volcanic rocks. Line cutting for geological mapping and a ground IP survey were completed in the second half of 2021. Geochemical data and geophysical survey results have been compiled and interpreted, and new targets outlined. Testing of these by a surface pulse EM survey was initiated in winter 2022 and was completed in early 2023. Follow up mapping and grid sampling is planned for June 2023, to further define the alteration zone and plan initial drilling targets for early 2024.