Ann: Encouraging First Assay Results from Picha Copper Project, page-3

Historical Trends: Examination of past copper hits at successful mines, particularly those with characteristics similar to the Picha Copper Project, indicates a potential for the development of a sizable Volcanogenic Massive Sulphide (VMS) deposit.

Mining Type and Size: Trends suggest that high-grade mineralization, as seen in the early results, could lead to the establishment of a combination of small-scale underground mining and open-pit strategies, mirroring successful VMS mines. The polymetallic nature, coupled with significant copper grades, could position the deposit as a medium to large-scale operation.

Monetary Value and Life of the Mine: Based on historical copper prices and deposit sizes, the early promising results at Picha, with grades surpassing 2% Cu, suggest the potential for a deposit valued in the range to hundreds of millions of dollars. The economic viability, coupled with the polymetallic nature and ongoing exploration, may contribute to a significant mine life, potentially spanning decades, adding further value to the project.