Rakita Camp

Exploration camp adjacent to the Čoka Rakita project comprising the Dumitru Potok, Rakita North and Frasen prospects on the Čoka Rakita and Potaj Čuka exploration licences. Initial Inferred Mineral Resource Estimate (effective October 23, 2025) totals 84.4 Mt @ 0.97 g/t Au, 1.02% Cu for 2.6 Moz Au and 1.9 Blb Cu — assumes underground mining. Includes Dumitru Potok (higher-grade core 64.1 Mt @ 1.07 g/t Au, 1.08% Cu for 2.2 Moz Au + 1.5 Blb Cu), Rakita North (17.9 Mt @ 0.56 g/t Au, 0.84% Cu for 0.3 Moz Au + 0.3 Blb Cu), and Frasen (2.4 Mt @ 1.21 g/t Au, 0.70% Cu for 95 koz Au + 37 Mlb Cu). 2025 capex $36.1M; 2026 plan $25-30M focused on Čoka Rakita and Potaj Čuka. Q4 2025: 13,674m drilling; YTD: 60,528m.