Warintza

World Class Discovery, Southeast Ecuador

Primary Infrastructure: Natural Cost Advantage

Multiple Times Growth Potential

Warintza Drilling

Summarized drilling for Warintza can be found here.

Extensive System of Outcropping Porphyries

Plan View of Warintza Porphyry Cluster

Plan View of Warintza Porphyry Cluster

Warintza Mineral Resource Plan View (1,400m Elevation)

Figure 1 – Warintza Mineral Resource Plan View (1,400m Elevation)

Warintza Mineral Resource Long Section

Figure 2 – Warintza Mineral Resource Long Section

Warintza Mineral Resource Cross Section

Figure 3 – Warintza Mineral Resource Cross Section

Proposed Solaris Exploration Spin-Out

Responsible Mining – Inclusive Approach

Community Involvement is Key to Warintza Success, Resilience

The Warintza Success Story

The Warintza Model

Notes:

  1. Copper equivalent assumes recoveries of 90% Cu, 85% Mo, and 70% Au based on preliminary metallurgical testwork, and metal prices of US$3.50/lb Cu, US$15.00/lb Mo, and US$1,500/oz Au. CuEq formula: CuEq (%) = Cu (%) + 4.0476 × Mo (%) + 0.487 × Au (g/t).
  2. The 'Indicative Starter Pit' is based on the same assumptions as the Resource except utilized metal prices of US$1.00/lb Cu, US$7.50/lb Mo, and US$750/oz Au. No economic analysis has been completed by the Company and there is no guarantee an indicative starter pit will be realized or prove to be economic.
  3. See the Company's press release dated April 18, 2022 for additional information. The Warintza Mineral Resource estimate was reported and press released on April 18, 2022. Please refer to the corresponding technical report entitled "NI 43-101 Technical Report for the Warintza Project, Ecuador" with an effective date of April 1, 2022 and available on SEDAR under the Company's profile at www.sedar.com. The technical report disclosing the mineral resource estimate in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects was prepared by Qualified Person, Mario E. Rossi, FAusIMM,RM-SME, Principal Geostatistician of Geosystems International Inc.