Plata

Yukon

Plata
Yukon’s High-Grade Silver Opportunity

Yukon, Canada (165 km east of Keno Hill & 30 kms from Snowline Valley Deposit)

A historic high-grade silver property with exceptional exploration potential, situated in the prolific Tombstone Gold Belt adjacent to Snowline Gold’s major Rogue gold discovery.

1
Hectares

A Historic Producer with Modern Potential

The Plata Property is a historic producer of high-grade silver ore, having produced approximately 290,000 ounces of silver from small-scale mining of high-grade veins exposed at surface. Ore was mined and flown by fixed-wing aircraft to Idaho for processing.

Silver mineralization is believed to be associated with the Mayo and Tombstone intrusive suites in a similar geologic setting to Snowline Gold’s Rogue Project.

Key Highlights

  • 290,000 ounces of silver historically produced
  • Exploration has identified numerous mineralized zones hosting high-grade silver, gold, lead and zinc-bearing veins and stockworks.
  • Adjacent to Snowline Gold’s Rogue gold discovery
  • 10,156-hectares with recent claim additions
  • Multiple new zones discovered in 2025
  • High grade Copper, Antimony and Tungsten mineralization identified
2025 - 2026

Plata Project Highlights

Jan 21, 2026
High Grade Copper, Antimony & Tungsten Mineralization Identified

Identified extensive high-grade antimony, copper, and tungsten mineralization at its 100%-owned Plata Project in Yukon, in addition to the project’s known silver and gold mineralization.

These critical minerals were historically overlooked by previous operators and add a new layer of potential to Plata as the Company advances toward its first drill program in nearly 15 years.

Nov 19, 2025
Two New Zones Identified

The Company has identified two new silver-gold-lead-zinc zones from the recent soil sampling and prospecting program at its 100% owned Plata Project in the Yukon: the newly named “Pimento” located northwest of the high-grade silver- gold Ajo zone, and the “Inferno” zone located near the newly-staked claims.

Nov 13, 2025
Discovery of Canela Zone

The Canela Zone, a newly identified silver and gold anomaly, has been successfully identified from the first batch of assay results at Plata. The Canela Zone is approximately 1 km in currently identified strike length and is highlighted by soil samples with up to 38.6 g/t silver and 0.27 g/t gold. These are the highest gold-in-soil values at Plata to-date and some of the highest silver-in-soil values on the property.

Oct 16, 2025
Claim package expanded + two new gold targets

Honey Badger staked an additional 1,546 ha, increasing Plata’s total claim package by ~18%, and identified two new gold targets aligned with the Plata and Rogue thrusts.

Aug 13, 2025
Field program outlines additional RIRGS-style potential

Summer work expanded sheeted-vein and intrusive targets (interpreted Mayo Suite) across a ~4 × 5 km area in NW Plata, mapped the western extent of the Rogue Thrust Fault, and advanced multiple zones near the historic Aho silver area; assays referenced in the NR guided next steps toward drilling plans.

Jul 30, 2025
Sheeted veins discovered over 18 km trend

Multiple outcropping sheeted quartz-vein occurrences were discovered from the south to the NW of the property (≈18 km apart), consistent with reduced intrusion-related gold system (RIRGS) signatures similar to Snowline’s nearby Rogue/Valley deposits.Honey Badger staked an additional 1,546 ha, increasing Plata’s total claim package by ~18%, and identified two new gold targets aligned with the Plata and Rogue thrusts.

Jul 21, 2025
Land position increased by ~26%

The Company added ~1,985 ha (≈26% increase) to cover newly defined targets, including coverage near the Keg occurrence and areas prospective for high-grade silver veins and Snowline-style intrusive gold-silver mineralization.

QA/QC-Verified Results

Mineral Analysis Completed

Samples were submitted to ALS Minerals in North Vancouver. Multi-element analysis was completed for rocks and drill core by ME-ICP61, and soils by ME-ICP41. Gold analysis was completed using AU-AA25. Overlimit samples were analyzed using ME-OG62 respectively. All analysis passed standard QA/QC procedures.

Targeted Commodity: Silver, lead, zinc
Size Plata: ≈5770 Hectares
Location: Yukon, Canada
Estimate

High Priority Target Areas at Plata Include

P-4 Zone

The P-4 Zone has undergone more extensive drilling relative to other targets at Plata and demonstrates continuous mineralization over 200 metres of strike length that remains open in all directions. Average grades and widths from fourteen (14) core drill holes in 1987 were 1.9 metres grading 337 g/t silver, 3.65 g/t gold, 1.59% lead and 1.7% zinc.

P-3 Zone

At the P-3 Zone, rock samples have returned extremely high gold assays (up to 78.3 g/t) and chip sampling returned 1.96 metres grading 2,383 g/t silver, 9.85 g/t gold and 7% lead.

P-6 Zone

Drilling in 2011 confirmed the continuity of significant polymetallic silver mineralization at depth and laterally over a strike length of 150 metres. Highlighted drill intercepts include 1.0 metre grading 1,655 g/t silver and 1.09% zinc, and 6.63 metres grading 164 g/t tonne silver and 2.34% zinc. Veining mapped at surface and anomalous soil geochemistry suggest the P-6 structure may extend for 500 metres to the northwest.

P-2 Zone

Detailed trenching of the P-2 Zone returned a weighted average of 812 g/t silver, 24.48% lead and 17.02% zinc across an average width of 1.93 metres for a strike length of 85 metres. Drill holes targeting the P-2 Zone yielded intercepts of up to 1,060 g/t silver and 3.86% zinc over 0.87 metres and 110 g/t silver and 39.77% zinc over 0.93 metres.

Within Plata Thrust Fault

Discovering the
Aho Zone

Importantly, drilling from 2008 to 2011 has demonstrated that the P-3 and P-4 veins are part of a larger, semi-continuous, mineralized system referred to as the Aho Zone, which is developed within the plane of the Plata Thrust Fault and varies from 0.3 to 3.0 metres in width. This zone extends intermittently over a total strike length of 800 metres and to a maximum of 580 metres downdip and remains open to extension along strike and downdip (Figure 1).

Technical Information Approval

Technical information in this news release has been approved by Heather Burrell, P.Geo., a geologist with Archer, Cathro & Associates (1981) Limited and qualified person for the purpose of National Instrument 43-101.

QA/QC-VERIFIED RESULTS
Mineral Analysis Completed

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