Mocoa

The company's flagship 100%-owned Mocoa porphyry copper-molybdenum deposit, located in the Putumayo Department of southern Colombia. An updated NI 43-101 mineral resource estimate, prepared by APEX Geoscience with an effective date of November 18, 2025 (technical report effective December 23, 2025), reports the entire resource in the Inferred category at a 0.25% CuEq cut-off, a +76% increase in tonnage over the 2022 estimate, placing Mocoa among the largest undeveloped molybdenum systems globally. Bench-scale metallurgical test work returned up to 92% copper and 97% molybdenum recoveries, establishing a baseline for a future preliminary economic assessment, and a Prior Consultation agreement was completed with the Inga Condagua Indigenous community. The deposit remains open in multiple directions.