Switchback Copper-Silver Property

British Columbia, Canada

Silver  •  Copper  •  Lead  •  Zinc

Switchback at a Glance

The Switchback Copper-Silver Property is an early-stage exploration project approximately
55 km east-southeast of Terrace, British Columbia. The property consists of eight contiguous
mineral claims totalling 2,560.81 hectares and is accessible by forest-service roads.

8Contiguous mineral claims
2,560.81 haProperty area
~55 kmEast-southeast of Terrace
4 holes / 804 m2022 maiden drill program

ACCESS & PROJECT SETTING

Road-accessible exploration property

Forest-service roads provide access across much of the property, including a drill road
constructed in 2022. Terrace and Smithers provide regional exploration services and
year-round commercial air access.

The property is underlain principally by Lower Jurassic volcanic rocks of the Telkwa
Formation, Hazelton Group, with localized intrusive rocks. Historic work has documented
silver-copper and polymetallic mineralization in veins, fractures and altered volcanic rocks.

Switchback property map showing claim boundary, main showing, drill holes and IP anomaly

Property context showing the Main Showing, 2022 drill area, interpreted IP anomaly,
logging roads and claim boundary.

Exploration Record

Switchback has been advanced through successive rock and soil sampling programs, induced
polarization geophysics and a maiden diamond-drill program.

2012Rock and soil samplingHistoric selective rock samples included 627 g/t Ag and 4.39% Cu in sample N566238.
2020Rock + soil geochemistry49 rock samples and 444 soil samples; narrow sulphide veins returned strong silver-copper values.
2021Soil-grid expansion376 soil samples expanded the silver-copper anomaly to the east and south.
2022IP + drilling15.05 line-km of IP and four NQ diamond-drill holes totalling 804 m.

Surface Sampling
Mineralized rock exposure at the Switchback Copper-Silver Property

Historic surface mineralization exposed along road-accessible outcrop.

2020 ROCK SAMPLING

Silver-copper values at the Switchback Showing

1,975 g/t AgSample 2006551
11.86% CuSample 2006551
1,249 g/t AgSample 2006553
17.01% CuSample 2006553

These are selective historic rock-sample results and are not representative of average
grades across the property.

2021 SOIL GEOCHEMISTRY

Expanded silver-copper soil anomaly

The 2021 program collected 376 soil samples. The 2024 technical report records a maximum
silver-in-soil value of 23.87 ppm and describes the combined geochemical target as roughly
1 km wide by 3.5 km long.

Geophysics & Drilling

The 2022 IP survey identified a chargeability anomaly spatially associated with the silver-copper
soil anomaly. Four diamond-drill holes were then completed along a north-south drill fence.

SS-22-03

7.0 m
20.8 g/t Ag · 1.5% Pb · 3.6% Zn
194–201 m downhole

SS-22-03 · FINAL METRE

1.0 m
42.0 g/t Ag · 0.12 g/t Au
3.26% Pb · 8.37% Zn · 200–201 m downhole

Reported drill intervals are downhole core lengths. Downhole surveys were not completed for the
2022 holes, and the cited technical report does not establish true widths for these intervals.

Investor Resources
NI 43-101 TECHNICAL REPORT ↗

Jeremy Hanson, P.Geo., is the independent Qualified Person and author of the October 11, 2024 NI 43-101 Technical Report on the Switchback Copper Silver Property.