Graphite Creek

Graphite One's flagship natural-graphite project near Nome, Alaska — described as the largest known graphite deposit in the United States — forming the upstream anchor of a planned vertically integrated U.S. graphite supply chain (mine, advanced-graphite-products/anode manufacturing and recycling). Graphite is observed in resource drilling spanning roughly 6.8 km along a geophysical anomaly; the shallow, high-grade deposit remains open to the east and west. A feasibility study supports proven and probable mineral reserves (effective March 25, 2025) within a designed open pit, estimated using a raised variable cut-off of 2.0%-3.0% Cg, a net average graphite price of US$1,200/t (including transport and treatment charges), a 3.5%-8.0% royalty and a 90% mill recovery; open-pit mining was selected for its relatively low cost. The detailed reserve and resource tabulations reside in the project's NI 43-101 technical report (CIM definitions). The company reports under NI 43-101 and does not file under SEC rules.