Mineral Claims and Options Agreements

On November 7, 2020, the Company acquired the option to earn a 100% interest in the Hawkins Love Project by issuing 150,000 common shares (issued) and paying a total of $400,000 in cash and/or up to half of the amount in equivalent-value common shares over a 4-year period at the Company’s option (of which $100,000 has been paid through the issuance of 194,444 common shares and total cash payments of $77,775). Subsequent to August 31, 2022, the Company and the optionor agreed to an amendment of the agreement, whereby the option term was extended to a 5-year period and the Company will issue an additional 150,000 common shares on or before November 7, 2023. The Property is subject to a 2% NSR, with 1% NSR purchasable by the Company for $1,000,000 and a right of first refusal on the remaining 1% NSR.

During May 2021, the Company staked one map-staked claim north and contiguous with the Hawkins Love Property comprising 99 units totaling 2,248 hectares.