The Pipestone XL Nickel-Cobalt (Ni-Fe-Co) Alloy Project. Top: three-dimensional view of the 30-kilometer Pipestone XL trend with the Company's magnetic survey draped on the terrain, showing the RPM, Alloy Max, Super Gulp, Atlantic Lake and Chrome Pond Zones. Bottom, left to right: bedrock sample collected beneath shallow overburden at an Alloy Max drill pad location and shown in two views, containing visible disseminated awaruite (news release dated April 8, 2026); drill core with visible awaruite from hole XL-26-18 at 32 meters downhole, Alloy Max South (news release dated October 13, 2026); and photomicrograph of an awaruite grain of up to approximately 2,000 microns in drill core from hole AN-25-08 at 370 meters, RPM Zone (news release dated September 25, 2025).
The Pipestone XL Nickel-Cobalt (Ni-Fe-Co) Alloy Project. Top: three-dimensional view of the 30-kilometer Pipestone XL trend with the Company's magnetic survey draped on the terrain, showing the RPM, Alloy Max, Super Gulp, Atlantic Lake and Chrome Pond Zones. Bottom, left to right: bedrock sample collected beneath shallow overburden at an Alloy Max drill pad location and shown in two views, containing visible disseminated awaruite (news release dated April 8, 2026); drill core with visible awaruite from hole XL-26-18 at 32 meters downhole, Alloy Max South (news release dated October 13, 2026); and photomicrograph of an awaruite grain of up to approximately 2,000 microns in drill core from hole AN-25-08 at 370 meters, RPM Zone (news release dated September 25, 2025).