RE: Right location and right time17 Feb 2026 08:04
Paymaster Polymetallic Project
This project is 100% held by the Company and is located approximately 30km southwest of Tonopah in Nevada. Exploration undertaken by the Company has mapped out surface mineralisation outcropping intermittently over 1.7km of strike (Valley Prospect) and grab sampling across the project returned values of up to 21% zinc, 6.5% lead, 3.3% copper and 253g/t silver. Elevated values of up to 0.11% cobalt, 58ppm tellurium and 782ppm bismuth are also recorded. Soil sampling has also identified anomalous copper-, zinc-, lead- and silver in-soil anomalies. High resolution, drone photogrammetric and magnetic survey has also supported the defining of follow-up targets.
No additional exploration was undertaken during 2025, but further exploration is planned in the 2026 exploration season.