Projects

The Kolos Copper-Gold project is situated within the Quesnel Terrane, characterized by Late Triassic arc magmatism and associated porphyry copper-gold mineralization.

Key lithologies include:

• Nicola Group andesitic volcanics (flows, tuffs, breccias)
• Diorite to quartz diorite intrusions interpreted as subvolcanic feeders
• Jurassic granodiorite batholiths (Coast Intrusive Complex)

The Project is transected by the Fanta Fault, a major north-trending structure separating volcanic and intrusive domains. Secondary northwest- and northeast-trending structures provide key controls on:

• Fluid flow and alteration
• Sulphide deposition
• Localization of mineralized zones

Alteration assemblages include propylitic (epidote–chlorite ± carbonate), widespread phyllic (silica ± pyrite ± chalcopyrite), and localized potassic (biotite ± potassium feldspar) assemblages indicative of exposure levels consistent with the upper to transitional portions of porphyry systems.

Vectoring from Hydrothermal System to Porphyry Source

The Bertha area represents a newly identified copper-bearing hydrothermal system with clear vectors toward a causative porphyry intrusion.

Hydrothermal System (Bertha)

• First Ever Phase I drilling (~2,700 m) completed in December 2025 intersected a vertically extensive hydrothermal native copper system to ~580 m depth 
• Native copper mineralization occurs along a moderate dipping picrite unit, interpreted as a structurally controlled geochemical (reducing) trap within a broader fluid pathway 
• Alteration characterized by chlorite–epidote ± carbonate ± silica, with increasing intensity and veining to the northwest and northeast 

Geological interpretation:

• Native copper and low sulphide content suggests a distal to transitional environment along a northwest-striking leakage structure linked to an alkalic porphyry system 
• Structural preparation along the picrite unit facilitated fluid flow and metal deposition at key structural intersections

Source Target (Bertha North)

• Located immediately along-strike to the northwest at a higher structural level within the same system where the picrite contact steepens, providing improved prospective architecture
• Large resistivity geophysical anomaly interpreted as a silica-altered intrusive body, a signature not yet tested in the Bertha area
• Coincident moderate chargeability anomaly at depth suggests development of primary (hypogene) disseminated sulphides (chalcopyrite ± bornite)

Additional supporting vectors:

• 800 m x 500 m Cu-Au soil anomaly directly overlying the geophysical target
• Position at intersection of northwest- and northeast-trending structures, enhancing permeability and focusing mineralization

Integrated Interpretation

The Bertha hydrothermal system and Bertha North target are interpreted as part of a single mineralized system, where:

• Bertha represents the distal expression of copper-bearing fluids
• Bertha North represents a higher temperature zone proximal to the causative intrusive source

Ongoing work is focused on:

• Step-out and deeper drilling to transition from native copper zones to sulphide-bearing hypogene mineralization
• Geophysical refinement of chargeability and resistivity anomalies

>10 km of Undrilled Porphyry and Epithermal Potential

A major northwest-southeast structural corridor extends over 10 km across the northern portion of the property.

• Hosts multiple mineral occurrences and coincident geophysical anomalies
• Geologically analogous to the Iron Mask Batholith and New Afton/Ajax systems*
• Spatial association with intrusive centres and alteration zones

The scale and continuity of this corridor suggest potential for multiple porphyry centres within a district-scale system.

Disclaimer

Information and comparisons disclosed is not necessarily indicative of precious or base metal endowment or assays on the Kolos Project.

Large-Scale, Undrilled Porphyry System

The Sonic target is defined by a broad, multi-centre geochemical anomaly and associated geophysical features.

• ~8 km² copper-gold soil anomaly with values up to 4,510 ppm Cu and 420 ppb Au
• Coincident with interpreted intrusive centres and structural intersections
• Geochemical signature consistent with porphyry-related mineralization

Interpretation:

• Represents a fertile intrusive complex with potential for multiple mineralized centres
• Comparable in scale and geological setting to the Ajax deposit ~30 km to the northeast

Disclaimer

Information and comparisons disclosed is not necessarily indicative of precious or base metal endowment or assays on the Kolos Project.

Large Hydrothermal System with Concealed Porphyry Potential

The Kirby-Lodi area hosts a large, well-defined hydrothermal system with strong evidence for a concealed porphyry core.

• 24.5 km² alteration footprint defined by magnetic, resistivity, and geochemical datasets
• Magnetic destruction coincident with conductive core and resistive halo typical of porphyry alteration zonation

Geochemical zonation indicates a complete porphyry system:

• Core: Cu-Au (chalcopyrite ± bornite)
• Inner shell: Mo-Bi-Te
• Outer shell: Ag-Pb-Zn
• Peripheral halo: As-Sb

Rock sampling supports mineralization:

• Select rock grab samples up to 0.52% Cu and 4.24 g/t Au from intrusive-hosted mineralization in outcrop

These features are consistent with a leakage halo above a buried porphyry centre.