Figure 1 – The Copalquin gold-silver district is located in Durango State, Mexico within the Sierra Madre Gold-Silver Trend both home to numerous projects and mines with many large North American mining companies active in the region

Figure 2 – Mining concession area covering the Copalquin Mining District with Maiden MRE (November 2021) for the first target area. Shown on the map are drill and channel sampling highlights plus the new LiDAR identified areas of previously unknown historic mining activities (from 1850 - 1920)

Figure 3 – Schematic long section of the Copalquin District middle mineralised trend, which includes the maiden JORC resource at El Refugio/La Soledad

Mithril El Refugio Drill Highlights

Figure 4 Long section through Target 1 Maiden resource November 2021

Figure 5 – Schematic long section of the Copalquin District south line of historic workings

Table 1 – Mineral resource estimate El Refugio – La Soledad using a cut-off grade of 2.0 g/t AuEq*