Lidstone Project

Nickel-Copper-PGE and Lithium-Cesium-Tantalum pegmatite dikes exploration project

The property is located approximately 120 km northeast of the town of Armstrong, Ontario, which is approximately 270 km directly north of the City of Thunder Bay along highway 527.

Network of logging roads allows the property access from the west via a truck and from the east via a truck and on foot (approx. 1.5km)

632 mining claims covering 12,830 ha

100% owned

No royalties

Directly on strike of the primary geological control structures of English River Subprovince

Historical exploration in the area (2004, 2006 and 2008) showed prospectivity of Ni-Cu-PGE group

Ontario Geological Survey (OGS) highlighted lithium-cesium-tantalum (LCT)-type pegmatite potential in the immediate area of Lidstone project (Ref: “LCT-Type Pegmatite Potential in the Witchwood and Morden Lake Areas, Eastern English River Subprovince, Ontario Geological Survey Resident Geologist Program, Recommendations for Exploration 2023–2024” report)

Picture4

PROSPECT GEOLOGY

Mineral deposit types known to occur within the English River sub province include the formation of extensive Fe formation of wacke-turbidite association, RE pegmatites subprovince boundary zones, Cu-Ni-Co-PGM sulfides in meta-ultramafic pods, and polymetallic VMS within the greenstone enclaves

Immediately to the north-east of Lidstone prospect is the documented Sim Lake Occurrence, which hosts a two-phase, 350m x 800m mafic-ultramafic intrusive bearing disseminated and net-textured Cu-Ni-Co-PGM-sulphide mineralization

Historical exploration described the intrusion as mineralized gabbroic core surrounded by an outer zone of mineralized pyroxenite, suggesting that the intrusion is layered.

Historical surface sampling ran as high as 1.95% Ni and 1.72% Cu (Source: OGS, June 2006, “Diamond Drill Report on the Sim Lake Property”)

This style of geology and mineralization is the target of the proposed exploration for the Lidstone property

Lidstone Mining Claims 20240321

GEOPHYSICS

The prospect area consist of coincident magnetic abrupt highs and lows and zones of high electromagnetic (EM) conductance

Multiple areas of interest suggests historical work overlooked a significant exploration opportunity in the prospect area

The area shows shear strike that extends north-west through the central part of the prospect with the magnetic high defining the mafic and tonalite units which show high potential magnetic / iron signatures that can be part of a catalyst for Ni-Cu-PGE deposition

Magnetic data in combination with lithology from historical drilling demonstrates potential scale and prospectivity for a near surface mineralization

Picture6

Vertical magnetic gradient anomalies show extension along the claims area within the northwest – southeast directions (strike zone)

Noticeably the abrupt changes of high and low vertical magnetic gradient could potentially exhibit sulfide mineralization associated with an intrusive body of the greenstone unit 

Since vertical gradient anomalies arising from near sources are typically enhanced vs. those arising from deeper or more distant sources, the strike zone could be indicative of a potential near surface mineralization in the area

Interpolation of anomalous residual magnetic intensity and vertical magnetic gradient warrant a field geophysical survey to more precisely delineate the zones of anomalies and/or potential drilling targets

Caution: Historical Results – this presentation contains historical exploration results. The Company has not verified historical results, unless stated otherwise, and there is a risk that any future confirmation work and exploration may produce results that substantially differ from the historical results. The Company considers these historical results relevant to assess the mineralization potential of the properties.

Picture7