The Troy Canyon Gold–Silver Project, located in the Grant Range of eastern Nye County, Nevada, approximately 150 km east of Tonopah, has recently been optioned by CopAur Minerals, adding a highly prospective, high-grade gold-silver asset to the Company’s Nevada portfolio. The project comprises 59 contiguous, unpatented mineral claims covering 493 hectares and is centered on the historic Locke Mine.

Troy Canyon is a former high-grade gold producer with limited modern exploration. Gold mineralization occurs within massive quartz veins, vein breccias, and narrower sheeted vein and stockwork zones. The mineralized quartz system is exposed for approximately 300 metres along a sheared, north-trending contact between Cambrian-age recrystallized limestone (hanging wall) and the 23 Ma Troy quartz monzonite pluton (footwall).

Gold was first discovered on the property in 1867, with mining commencing in 1869. The most recent production occurred between 1948 and 1950, when the mine reportedly produced 643 ounces of gold and 660 ounces of silver from 1,859 tons of mineralized material, averaging 11.83 g/t gold and 12 g/t silver.

For additional details on the option agreement, please see the following news release: May 5, 2026