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Suite 2421, 1055 West Georgia Street Vancouver British Columbia CA V6E 3P3 Gurminder Sangha (604) 375-6005 Suite 2421, 1055 West Georgia Street Vancouver British Columbia CA V6E 3P3 84335286 No No Yes Yes Non-accelerated Filer false false International Financial Reporting Standards false true Risk Management and Strategy The Company relies on third-party service providers for its information technology, electronic communications, data storage and financial reporting systems. The Company manages cybersecurity risks as part of its overall risk-management and internal-control processes. Its procedures include access controls, password protection, data backups, software updates and the reporting of suspected cybersecurity incidents. The Company may use external information technology advisors to assist with cybersecurity matters. The Company also considers cybersecurity risks associated with its third-party service providers, although its ability to monitor their systems and controls is limited. As of the date of this Annual Report, the Company has not identified any cybersecurity incident that has materially affected its business, results of operations or financial condition. However, a future cybersecurity incident could have a material adverse effect on the Company. Governance The Board, acting through the Audit Committee, oversees cybersecurity risk. The Chief Executive Officer and Chief Financial Officer receive information regarding cybersecurity matters from the Company’s third-party information technology service providers and monitor the prevention, detection, mitigation and remediation of cybersecurity incidents. Their relevant experience includes oversight of public-company operations, financial reporting systems, disclosure controls and third-party information technology systems; neither officer has specialized cybersecurity qualifications. true true The Company manages cybersecurity risks as part of its overall risk-management and internal-control processes. Its procedures include access controls, password protection, data backups, software updates and the reporting of suspected cybersecurity incidents. The Company may use external information technology advisors to assist with cybersecurity matters. As of the date of this Annual Report, the Company has not identified any cybersecurity incident that has materially affected its business, results of operations or financial condition. However, a future cybersecurity incident could have a material adverse effect on the Company. false Governance The Board, acting through the Audit Committee, oversees cybersecurity risk. The Chief Executive Officer and Chief Financial Officer receive information regarding cybersecurity matters from the Company’s third-party information technology service providers and monitor the prevention, detection, mitigation and remediation of cybersecurity incidents. Their relevant experience includes oversight of public-company operations, financial reporting systems, disclosure controls and third-party information technology systems; neither officer has specialized cybersecurity qualifications. The Board, acting through the Audit Committee, oversees cybersecurity risk. The Chief Executive Officer and Chief Financial Officer receive information regarding cybersecurity matters from the Company’s third-party information technology service providers and monitor the prevention, detection, mitigation and remediation of cybersecurity incidents. true Their relevant experience includes oversight of public-company operations, financial reporting systems, disclosure controls and third-party information technology systems; neither officer has specialized cybersecurity qualifications. DeVisser Gray LLP 1054

Opinion on the Financial Statements We have audited the accompanying financial statements of Linear Minerals Corp. (the “Company”), which comprise the statements of financial position as at March 31, 2026 and 2025 and the statements of loss and comprehensive loss, changes in equity and cash flows for each of the years in the three-year period ended March 31, 2026, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as at March 31, 2026 and 2025 and its financial performance and its cash flows for each of the years in the three-year period ended March 31, 2026, in conformity with IFRS Accounting Standards (“IFRS”) as issued by the International Accounting Standards Board. Vancouver, Canada

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P5Y

<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;">(g)</td> <td style="text-align: justify;">Impairment of Tangible and Intangible Assets</td> </tr></tbody></table> At the end of each reporting period, the Company’s assets are reviewed to determine whether there is any indication that the assets may be impaired. If such indication exists, the recoverable amount of the identified asset is estimated in order to determine the extent of the impairment, if any. The recoverable amount is the higher of fair value less costs of disposal and value in use. Fair value is determined as the amount that would be obtained from the sale of the asset in an arm’s length transaction between knowledgeable and willing parties. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset. If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount and the impairment loss is recognized in profit or loss for the period. For an asset that does not generate largely independent cash flows, the recoverable amount is determined for the cash generating unit to which the asset belongs.Where it is possible to estimate the recoverable amount of an individual asset, the impairment test is carried out on the asset’s cash-generating unit, which is the lowest group of assets in which the asset belongs for which there are separately identifiable cash inflows that are largely independent of the cash inflows from other assets. Each of the Company’s exploration and evaluation properties is considered to be a cash-generating unit for which impairment testing is performed. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash generating unit) is increased to the revised estimate of its recoverable amount, but to an amount that does not exceed the carrying amount that would have been determined had no impairment loss been recognized for the asset (or cash-generating unit) in prior reporting periods. A reversal of an impairment loss is recognized immediately in profit or loss. Management’s estimates of mineral prices, recoverable reserves, and operating, capital and restoration costs are subject to certain risks and uncertainties that may affect the recoverability of exploration and evaluation assets. A mining enterprise is required to consider the conditions for impairment write-down. The conditions include significant unfavorable economic, legal regulatory, environmental, political and other factors. In addition, management’s development activities towards its planned principal operations are key factors considered as part of the ongoing assessment of the recoverability of the carrying amount of exploration and evaluation assets. Whenever events or changes in circumstances indicate that the carrying amount of a mineral property in the exploration stage may be impaired, the capitalized costs are written down to the estimated recoverable amount. Although management has made its best estimate of these factors, it is possible that changes could occur in the near term that could adversely affect management’s estimate of the net cash flow to be generated from its projects.

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;">4.</td> <td style="text-align: justify;">Amounts Receivable and Prepaid Expenses</td> </tr></tbody></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse;"> <tbody><tr style="vertical-align: top;"><td style="border-top: Black 2.25pt solid; border-bottom: Black 2.25pt solid; text-align: left;"> </td> <td colspan="2" style="border-top: Black 2.25pt solid; padding-top: 0in; border-bottom: Black 2.25pt solid; padding-right: 4.6pt;"> March 31, 2026</td> <td colspan="2" style="border-top: Black 2.25pt solid; padding-top: 0in; border-bottom: Black 2.25pt solid; padding-right: 6.7pt;"> March 31, 2025</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0in; padding-left: 3.55pt; text-align: left; width: 47%;">GST/HST</td> <td style="padding-top: 0.35pt; text-align: right; width: 12%;">$ </td> <td style="padding-right: 4.6pt; padding-top: 0in; text-align: right; width: 16%;">51,129</td> <td style="padding-top: 0.35pt; text-align: right; width: 12%;">$ </td> <td style="padding-right: 6.7pt; padding-top: 0in; text-align: right; width: 16%;">97,042</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1pt solid; padding-top: 0in; padding-left: 3.55pt; text-align: left;">Prepayments and other receivable</td> <td colspan="2" style="padding-right: 4.6pt; border-bottom: Black 1pt solid; padding-top: 0in; text-align: right;">91,328</td> <td colspan="2" style="padding-right: 6.7pt; border-bottom: Black 1pt solid; padding-top: 0in; text-align: right;">58,793</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1.5pt solid; padding-top: 0in; padding-left: 3.55pt; text-align: left;">Total</td> <td style="border-bottom: black 1.5pt solid; padding-top: 0.3pt; text-align: right;">$ </td> <td style="padding-right: 4.6pt; border-bottom: black 1.5pt solid; padding-top: 0in; text-align: right;">142,457</td> <td style="border-bottom: black 1.5pt solid; padding-top: 0.3pt; text-align: right;">$ </td> <td style="padding-right: 6.7pt; border-bottom: black 1.5pt solid; padding-top: 0in; text-align: right;">155,835</td> </tr></tbody></table>

<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse;"> <tbody><tr style="vertical-align: top;"><td style="border-top: Black 2.25pt solid; border-bottom: Black 2.25pt solid; text-align: left;"> </td> <td colspan="2" style="border-top: Black 2.25pt solid; padding-top: 0in; border-bottom: Black 2.25pt solid; padding-right: 4.6pt;"> March 31, 2026</td> <td colspan="2" style="border-top: Black 2.25pt solid; padding-top: 0in; border-bottom: Black 2.25pt solid; padding-right: 6.7pt;"> March 31, 2025</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0in; padding-left: 3.55pt; text-align: left; width: 47%;">GST/HST</td> <td style="padding-top: 0.35pt; text-align: right; width: 12%;">$ </td> <td style="padding-right: 4.6pt; padding-top: 0in; text-align: right; width: 16%;">51,129</td> <td style="padding-top: 0.35pt; text-align: right; width: 12%;">$ </td> <td style="padding-right: 6.7pt; padding-top: 0in; text-align: right; width: 16%;">97,042</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1pt solid; padding-top: 0in; padding-left: 3.55pt; text-align: left;">Prepayments and other receivable</td> <td colspan="2" style="padding-right: 4.6pt; border-bottom: Black 1pt solid; padding-top: 0in; text-align: right;">91,328</td> <td colspan="2" style="padding-right: 6.7pt; border-bottom: Black 1pt solid; padding-top: 0in; text-align: right;">58,793</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1.5pt solid; padding-top: 0in; padding-left: 3.55pt; text-align: left;">Total</td> <td style="border-bottom: black 1.5pt solid; padding-top: 0.3pt; text-align: right;">$ </td> <td style="padding-right: 4.6pt; border-bottom: black 1.5pt solid; padding-top: 0in; text-align: right;">142,457</td> <td style="border-bottom: black 1.5pt solid; padding-top: 0.3pt; text-align: right;">$ </td> <td style="padding-right: 6.7pt; border-bottom: black 1.5pt solid; padding-top: 0in; text-align: right;">155,835</td> </tr></tbody></table>

51129

97042

91328

58793

142457

155835

2125000

102233

21679

<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse;"> <tbody><tr style="vertical-align: top;"><td style="border-bottom: Black 1.5pt solid; padding-bottom: 1.5pt; border-top: Black 2.25pt solid; width: 52%; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; padding-bottom: 1.5pt; border-top: Black 2.25pt solid; width: 6%; text-align: right;"> </td> <td style="border-top: Black 2.25pt solid; border-bottom: Black 1.5pt solid; text-align: right; padding-right: 4.6pt; padding-top: 0in; width: 18%;">March 31, 2026</td> <td style="border-bottom: Black 1.5pt solid; padding-bottom: 1.5pt; border-top: Black 2.25pt solid; padding-left: 0.25in; width: 6%; text-align: left;"> </td> <td style="border-top: Black 2.25pt solid; border-bottom: Black 1.5pt solid; text-align: right; padding-top: 0in; width: 18%; padding-right: 6.7pt;">March 31, 2025</td> </tr><tr style="vertical-align: top;"> <td style="padding-left: 3.55pt;">Net change in fair value of marketable securities through profit and loss Beginning of the period</td> <td style="vertical-align: bottom; text-align: right;">$</td> <td style="vertical-align: bottom; text-align: right; padding-right: 4.6pt; padding-top: 0in;">123,912</td> <td style="padding-left: 0.25in; vertical-align: bottom; text-align: left;">$</td> <td style="vertical-align: bottom; text-align: right; padding-top: 0in; padding-right: 6.7pt;">187,425</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.55pt; text-align: left;">Proceeds on sale of marketable securities</td> <td style="text-align: right;"> </td> <td style="padding-right: 4.6pt; padding-top: 0in; text-align: right;">(102,233)</td> <td style="padding-left: 0.25in; text-align: left;"> </td> <td style="padding-right: 6.7pt; padding-top: 0in; text-align: right;">-</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: Black 1.5pt solid; padding-top: 0.6pt; padding-left: 3.55pt; text-align: left;">Loss on marketable securities</td> <td style="border-bottom: Black 1.5pt solid; text-align: right;"> </td> <td style="border-bottom: Black 1.5pt solid; padding-right: 4.6pt; padding-top: 0in; text-align: right;">(21,679)</td> <td style="border-bottom: Black 1.5pt solid; padding-left: 0.25in; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; padding-right: 6.7pt; padding-top: 0in; text-align: right;">(63,513)</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1.5pt solid; padding-top: 0.35pt; padding-left: 3.55pt; text-align: left;">Total</td> <td style="border-bottom: black 1.5pt solid; padding-top: 0.35pt; text-align: right;">$</td> <td style="padding-right: 4.6pt; border-bottom: black 1.5pt solid; padding-top: 0in; text-align: right;">-</td> <td style="border-bottom: black 1.5pt solid; padding-left: 0.25in; padding-top: 0.35pt; text-align: left;">$</td> <td style="padding-right: 6.7pt; border-bottom: black 1.5pt solid; padding-top: 0in; text-align: right;">123,912</td> </tr></tbody></table>

123912

187425

102233

21679

63513

123912

<table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;">6.</td> <td style="text-align: justify;">Exploration and Evaluation Assets</td> </tr></tbody></table> Exploration and evaluation assets deferred to the statements of financial position at March 31, 2026 and 2025 are as follows: <table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse;"> <tbody><tr style="font-size: 9pt; vertical-align: top;"><td style="border-top: Black 2.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9pt; text-align: left;"> </td> <td colspan="2" style="border-top: Black 2.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9pt; text-align: right;">March 31, 2025</td> <td colspan="2" style="vertical-align: bottom; border-top: Black 2.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9pt; text-align: right;">Additions</td> <td colspan="2" style="border-top: Black 2.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9pt; text-align: right;">Transfer of property</td> <td colspan="2" style="vertical-align: bottom; border-top: Black 2.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9pt; text-align: right;">Write-off</td> <td colspan="2" style="border-top: Black 2.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9pt; text-align: right;">March 31, 2026</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.4pt; padding-left: 3.45pt; text-align: left; width: 35%;">Abitibi Lithium</td> <td style="padding-left: 0.25in; padding-top: 0.4pt; padding-right: 5.25pt; text-align: left; width: 7%;">$</td> <td style="padding-top: 0.4pt; padding-right: 5.25pt; text-align: right; width: 6%;"> 1,767,000</td> <td style="padding-left: 0.25in; padding-top: 0.4pt; padding-right: 5.95pt; text-align: left; width: 7%;">$</td> <td style="padding-top: 0.4pt; padding-right: 5.95pt; text-align: right; width: 6%;"> -</td> <td style="padding-left: 0.25in; padding-top: 0.4pt; text-align: left; width: 7%;">$</td> <td style="padding-top: 0.4pt; padding-left: 5.75pt; text-align: right; width: 6%;"> -</td> <td style="padding-left: 0.25in; padding-top: 0.4pt; text-align: left; width: 7%;">$</td> <td style="padding-top: 0.4pt; padding-left: 3.15pt; text-align: right; width: 6%;">(927,310)</td> <td style="padding-left: 0.25in; padding-top: 0.4pt; padding-right: 3.4pt; text-align: left; width: 7%;">$</td> <td style="padding-top: 0.4pt; padding-right: 3.4pt; text-align: right; width: 6%;"> 839,690</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.6pt; padding-left: 3.45pt; text-align: left;">Augustus Lithium</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 5.25pt; text-align: right;">593,290</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 6.4pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 3.4pt; text-align: right;">593,290</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Canadian Lithium</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">228,881</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.4pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">228,881</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Electron Lithium</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">650,405</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.4pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.75pt; text-align: right;">(123,172)</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">527,233</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Lac Coulombre</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.8pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.7pt; text-align: right;">140,000</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.4pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">140,000</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.6pt; padding-left: 3.45pt; text-align: left;">McNeely Lithium</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 5.25pt; text-align: right;">820,000</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 6.4pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 3.4pt; text-align: right;">820,000</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Pontax West Lithium</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">37,500</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.5pt; text-align: right;">(37,500)</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.05pt; text-align: right;">-</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Ridgeway Clark County</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.8pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.7pt; text-align: right;">60,220</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.4pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">60,220</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Rose East Lithium</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">975,000</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.7pt; text-align: right;">75,000</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.4pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">1,050,000</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Rose West Lithium</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">884,000</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-right: 6.4pt; text-align: right;">-</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">884,000</td> </tr><tr style="vertical-align: top;"> <td style="text-align: left;"> </td> <td style="padding-left: 0.25in; padding-top: 0.35pt; padding-right: 5.25pt; text-align: left;">$</td> <td style="padding-top: 0.35pt; padding-right: 5.25pt; text-align: right;"> 5,956,076</td> <td style="padding-left: 0.25in; padding-top: 0.35pt; padding-right: 3.7pt; text-align: left;">$</td> <td style="padding-top: 0.35pt; padding-right: 3.7pt; text-align: right;"> 275,220</td> <td style="padding-left: 0.25in; padding-top: 0.35pt; padding-right: 3.5pt; text-align: left;">$</td> <td style="padding-top: 0.35pt; padding-right: 3.5pt; text-align: right;">(37,500)</td> <td style="padding-left: 0.25in; padding-top: 0.35pt; text-align: left;">$</td> <td style="padding-top: 0.35pt; padding-left: 3.15pt; text-align: right;">(1,050,482)</td> <td style="padding-left: 0.25in; padding-top: 0.35pt; padding-right: 3.4pt; text-align: left;">$</td> <td style="padding-top: 0.35pt; padding-right: 3.4pt; text-align: right;"> 5,143,314</td> </tr><tr style="font-size: 3pt; vertical-align: top;"><td style="border-top: Black 2.5pt solid; border-bottom: Black 2.5pt solid; font-size: 3pt; text-align: left;"> </td> <td colspan="2" style="border-top: Black 2.5pt solid; font-size: 3pt; text-align: left; border-bottom: Black 2.5pt solid;"> </td> <td colspan="2" style="border-top: Black 2.5pt solid; font-size: 3pt; text-align: left; border-bottom: Black 2.5pt solid;"> </td> <td colspan="2" style="border-top: Black 2.5pt solid; font-size: 3pt; text-align: left; border-bottom: Black 2.5pt solid;"> </td> <td colspan="2" style="border-top: Black 2.5pt solid; font-size: 3pt; text-align: left; border-bottom: Black 2.5pt solid;"> </td> <td colspan="2" style="border-top: Black 2.5pt solid; font-size: 3pt; text-align: left; border-bottom: Black 2.5pt solid;"> </td> </tr><tr style="font-size: 9pt; vertical-align: top;"><td style="font-size: 9pt; text-align: left;"> </td> <td colspan="2" style="font-size: 9pt; padding-top: 0.5pt; padding-right: 3.25pt; text-align: right;">March 31,</td> <td colspan="2" style="font-size: 9pt; text-align: left;"> </td> <td colspan="2" style="font-size: 9pt; text-align: left;"> </td> <td colspan="2" style="font-size: 9pt; text-align: left;"> </td> <td colspan="2" style="font-size: 9pt; padding-top: 0.5pt; padding-right: 1.5pt; text-align: right;">March 31,</td> </tr><tr style="font-size: 9pt; vertical-align: top;"><td style="border-bottom: Black 1.5pt solid; font-size: 9pt; text-align: left;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-size: 9pt; padding-top: 0.65pt; padding-right: 3.85pt; text-align: right;">2024</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-size: 9pt; padding-top: 0.65pt; padding-right: 3.25pt; text-align: right;">Additions</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-size: 9pt; text-align: left;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-size: 9pt; padding-top: 0.65pt; padding-right: 3.05pt; text-align: right;">Write-off</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-size: 9pt; padding-top: 0.65pt; padding-right: 2.1pt; text-align: right;">2025</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.35pt; padding-left: 3.45pt; text-align: left;">Abitibi Lithium</td> <td style="padding-left: 0.25in; padding-top: 0.35pt; padding-right: 5.25pt; text-align: left;">$</td> <td style="padding-top: 0.35pt; padding-right: 5.25pt; text-align: right;"> 1,767,000</td> <td style="padding-left: 0.25in; padding-top: 0.35pt; padding-right: 5.95pt; text-align: left;">$</td> <td style="padding-top: 0.35pt; padding-right: 5.95pt; text-align: right;"> -</td> <td colspan="2" style="text-align: left;"> </td> <td style="padding-left: 0.25in; padding-top: 0.35pt; text-align: left;">$</td> <td style="padding-top: 0.35pt; padding-left: 5.3pt; text-align: right;"> -</td> <td style="padding-left: 0.25in; padding-top: 0.35pt; padding-right: 3.4pt; text-align: left;">$</td> <td style="padding-top: 0.35pt; padding-right: 3.4pt; text-align: right;"> 1,767,000</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Augustus Lithium</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">593,290</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="text-align: left;"> </td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">593,290</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.6pt; padding-left: 3.45pt; text-align: left;">Canadian Lithium</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 5.25pt; text-align: right;">228,881</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="text-align: left;"> </td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 3.4pt; text-align: right;">228,881</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Cosgrave Lithium</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">104,750</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="text-align: left;"> </td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.75pt; text-align: right;">(104,750)</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.05pt; text-align: right;">-</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Electron Lithium</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">650,405</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="text-align: left;"> </td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">650,405</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Kokanee Creek</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">932,125</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="text-align: left;"> </td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.75pt; text-align: right;">(932,125)</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.05pt; text-align: right;">-</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.6pt; padding-left: 3.45pt; text-align: left;">McNeely Lithium</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 5.25pt; text-align: right;">820,000</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="text-align: left;"> </td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 3.4pt; text-align: right;">820,000</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Pontax West Lithium</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.8pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.7pt; text-align: right;">37,500</td> <td colspan="2" style="text-align: left;"> </td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">37,500</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Rose East Lithium</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">975,000</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="text-align: left;"> </td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">975,000</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Rose West Lithium</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">884,000</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">884,000</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: Black 2.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 2.5pt solid; padding-left: 0.25in; padding-top: 0.45pt; padding-right: 5.25pt; text-align: left;">$</td> <td style="border-bottom: Black 2.5pt solid; padding-top: 0.45pt; padding-right: 5.25pt; text-align: right;">6,955,451</td> <td style="border-bottom: Black 2.5pt solid; padding-left: 0.25in; padding-top: 0.45pt; padding-right: 3.7pt; text-align: left;">$</td> <td style="border-bottom: Black 2.5pt solid; padding-top: 0.45pt; padding-right: 3.7pt; text-align: right;">37,500</td> <td colspan="2" style="border-bottom: Black 2.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 2.5pt solid; padding-left: 0.25in; padding-top: 0.45pt; text-align: left;">$</td> <td style="border-bottom: Black 2.5pt solid; padding-top: 0.45pt; padding-left: 3.15pt; text-align: right;">(1,036,875)</td> <td style="border-bottom: Black 2.5pt solid; padding-left: 0.25in; padding-top: 0.45pt; padding-right: 3.4pt; text-align: left;">$</td> <td style="border-bottom: Black 2.5pt solid; padding-top: 0.45pt; padding-right: 3.4pt; text-align: right;"> 5,956,076</td> </tr></tbody></table> <table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;">(a)</td> <td style="text-align: justify;">Abitibi Lithium Property</td> </tr></tbody></table> On March 12, 2021, the Company entered into a purchase agreement to acquire a 100% interest in the Abitibi Lithium property (the “Abitibi Agreement”). The Abitibi Lithium property is comprised of 114 mineral claims covering approximately 5,800 hectares located in the Abitibi area of western Quebec. Under the terms of the Abitibi Agreement, the Company acquired a 100% interest in the Abitibi Lithium property by issuing 1,078,947 common shares of the Company and by paying $250,000 on April 20, 2021. The Abitibi Lithium Property is subject to a 3% Net Smelter Returns (“NSR”) royalty, which the Company will have the option to reduce the NSR by 1.0% to 2.0% by paying $1,000,000. During the year ended March 31, 2026, the Company recorded an impairment of $927,310 in connection with the claims lapsed during the year. <table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;">(b)</td> <td style="text-align: justify;">Augustus Lithium Property</td> </tr></tbody></table> On January 18, 2021, the Company entered into an option agreement to acquire a 100% interest in the Augustus Lithium property (the “Augustus Agreement”). The Augustus Lithium property is comprised of 21 mineral claims covering approximately 900 hectares located in the Abitibi area of western Quebec. On October 29, 2022, the Company entered into amended option agreement allowing the Company to accelerate its option to acquire a 100% interest in the Augustus Lithium property. As consideration for the amendment, the Company issued an additional 350,000 common shares. As of November 7, 2022, the Company completed the required option payments, common share issuances and exploration expenditures to acquire its 100% interest of the Augustus Lithium property. The Augustus Lithium Property is subject to a 2% NSR royalty. The Company will have the option to reduce the NSR by 1.0% to 1.0% by paying $1,000,000. <table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;">(c)</td> <td style="text-align: justify;">Canadian Lithium Property</td> </tr></tbody></table> On February 3, 2021, the Company entered into an option agreement to acquire a 100% interest in the Canadian Lithium property (the “Canadian Lithium Agreement”). The Canadian Lithium property is comprised of 12 mineral claims covering approximately 700 hectares located in the Landrienne Township area of Quebec. On February 3, 2023, the Company had completed the required option payments of $60,000 and issuance of 230,263 common shares to acquire a 100% interest of the Canadian Lithium Property. The Canadian Lithium Property is subject to a 2% NSR royalty. The Company will have the option to reduce the NSR by 1.0% to 1.0% by paying $1,000,000. <table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;">(d)</td> <td style="text-align: justify;">Cosgrave Lithium Property</td> </tr></tbody></table> On August 24, 2023, the Company entered into a purchase agreement to acquire a 100% interest in the Cosgrave Lithium property (the “Cosgrave Agreement”). The Cosgrave Lithium property is comprised of 198 mineral claims covering approximately 3,728 hectares located in the Ear Falls, Ontario. Pursuant to the terms of the Cosgrave Agreement, the Company acquired a 100% interest in the Cosgrave Lithium property by issuing 175,000 common shares of the Company and by making the option payment of $22,500 as of March 31, 2024. During the year ended March 31, 2025, the Company decided it would not be pursuing any further exploration work on the Cosgrave Lithium property, allowed the claims to lapse and wrote-off all deferred costs incurred to date. <table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;">(e)</td> <td style="text-align: justify;">Electron Lithium Property</td> </tr></tbody></table> On March 2, 2022, the Company entered into a purchase agreement to acquire a 100% interest in the Electron Lithium property (the “Electron Agreement”). The Electron Lithium property is comprised of 351 mineral claims covering approximately 18,000 hectares of prospective land around the Augustus Lithium Property in western Quebec. On November 8, 2022, the Company completed the required option payments and share issuances to acquire a 100% interest in the Electron Lithium property. The Electron Lithium property is subject to a 3% Gross Metal Royalty (“GMR”), which the Company will have the option to reduce the GMR by 1.0% to 2.0% by paying $1,000,000. On November 14, 2022, the Company entered into a joint venture agreement (the “Infini Joint Venture Agreement”) with Infini Resources Pty Ltd. (“Infini Resources”) whereby Infini Resources may earn a 100% interest in certain mineral claims comprising the Electron Lithium Property. Pursuant to the Infini Joint Venture Agreement, Infini Resources made a non-refundable payment of AUD$50,000 (CAD$44,088) and has elected to earn an initial 50% interest by making an initial cash payment of AUD$550,000 (CAD$486,837). Upon exercising the option, a joint venture will also be formed between Linear Minerals and Infini Resources to further advance the project. The Infini Joint Venture Agreement may be terminated in certain circumstances, including by Linear Minerals if certain milestones are not met in accordance with the agreement. As at March 31, 2026, the Company holds interest in 351 mineral claims (131 mineral claims under joint venture agreement) covering approximately 18,000 hectares of land. During the year ended March 31, 2026, the Company recorded an impairment of $123,172 in connection with claims that lapsed during the year. <table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;">(f)</td> <td style="text-align: justify;">Falcon Lake Property</td> </tr></tbody></table> On January 3, 2022, the Company entered into an option agreement to acquire a 100% interest in the Falcon Lake property (the “Falcon Lake Agreement”). The Falcon Lake property is comprised of 48 mineral claims covering approximately 1,000 hectares located in the Thunder Bay Mining Division, Ontario. On September 30, 2022, the Company entered into an amended option agreement which amended certain cash payments, share issuances and exploration expenditures due dates and requirements of the Option Agreement. On October 21, 2022, the Company completed the required option payments and share issuances to acquire a 100% interest in the Falcon Lake property. On January 27, 2023, the Company executed a joint venture agreement (the “Battery Age Minerals Joint Venture Agreement”) with Battery Age Minerals Limited (“Battery Age Minerals”) whereby Battery Age Minerals may earn a 100% interest in the Falcon Lake Property. Pursuant to the Battery Age Minerals Joint Venture Agreement, Battery Age Minerals made a non-refundable payment of AUD$50,000 (CAD$45,359) and elected to earn a 65% interest by completing the initial option payment consisting of a cash payment of AUD$100,000 (CAD$93,999) and issuing the Company 1,375,000 of Battery Age Mineral shares valued at $513,975. Battery Age Minerals earned a further 25% interest, for an aggregate 90% interest, by issuing a further 750,000 shares of Battery Age Minerals valued at $290,295 and by making a cash payment of AUD$50,000 (CAD$46,175). Battery Age Minerals may acquire the remaining 10% interest, for a 100% beneficial interest by making a further payment equal to the lower of the price determined by independent valuation or AUD$2 million. Upon Battery Age Minerals earning a 90% interest, a joint venture was deemed to have been formed between Linear Minerals and Battery Age Minerals to further advance the project. <table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;">(g)</td> <td style="text-align: justify;">Kipawa West Property</td> </tr></tbody></table> On December 9, 2025, the Company entered into an option agreement to acquire a 100% interest in the Kipawa West rare- earth property(the “Kipawa West Agreement”). The Kipawa West property is comprised of 53 mining claims covering an approximate area of 3,000 hectares located in Abitibi-Temiscamingue, Quebec. Under the terms of the Kipawa West Agreement, the Company has the option to acquire a 100% interest in the property by completing the following share issuance and exploration expenditures: <table cellpadding="0" cellspacing="0" style="width: 60%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse;"> <tbody><tr style="vertical-align: top;"><td style="border-top: Black 1.5pt solid; text-align: center; font-family: Times New Roman, Times, Serif; font-style: normal; border-left: Black 1.5pt solid; padding: 0in 0in 0in 5.95pt; width: 42%; text-indent: 0in; font-weight: normal; font-variant: normal; vertical-align: middle;">Due Dates</td> <td style="vertical-align: middle; border-right: Black 1pt solid; border-left: Black 1pt solid; padding: 0in; border-top: Black 1.5pt solid; width: 29%; text-align: center; text-indent: 0in;">Issuance of Linear Minerals common shares</td> <td style="vertical-align: middle; border-top: Black 1.5pt solid; border-right: Black 1.5pt solid; padding: 0in; width: 29%; text-align: center; text-indent: 0in;">Exploration expenditures ($)</td> </tr><tr style="vertical-align: top;"> <td style="font-style: normal; border-top: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1.5pt solid; padding: 0in 0in 0in 5.95pt; text-align: left; text-indent: 0in; font-weight: normal;">On signing (not yet issued)</td> <td style="border: Black 1pt solid; padding: 0in; text-align: center; text-indent: 0in;">1,000,000</td> <td style="border-top: Black 1pt solid; border-right: Black 1.5pt solid; border-bottom: Black 1pt solid; padding: 0in; text-align: center; text-indent: 0in;">-</td> </tr><tr style="vertical-align: top;"> <td style="font-style: normal; border-left: Black 1.5pt solid; padding: 0in 0in 0in 5.95pt; text-align: left; text-indent: 0in; font-weight: normal;">December 9, 2026</td> <td style="border-right: Black 1pt solid; padding: 0in; text-align: center; text-indent: 0in; border-left: Black 1pt solid;">1,500,000</td> <td style="border-right: Black 1.5pt solid; padding: 0in; text-align: center; text-indent: 0in;">250,000</td> </tr><tr style="vertical-align: top;"> <td style="font-style: normal; border-top: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1.5pt solid; padding: 0in 0in 0in 5.95pt; text-align: left; text-indent: 0in; font-weight: normal;">December 9, 2027</td> <td style="border: Black 1pt solid; padding: 0in; text-align: center; text-indent: 0in;">2,000,000</td> <td style="border-top: Black 1pt solid; border-right: Black 1.5pt solid; border-bottom: Black 1pt solid; padding: 0in; text-align: center; text-indent: 0in;">500,000</td> </tr><tr style="vertical-align: top;"> <td style="font-style: normal; border-bottom: Black 1.5pt solid; border-left: Black 1.5pt solid; padding: 0in 0in 0in 5.95pt; text-align: left; text-indent: 0in; font-weight: normal;">December 9, 2028</td> <td style="border-right: Black 1pt solid; border-bottom: Black 1.5pt solid; border-left: Black 1pt solid; padding: 0in; text-align: center; text-indent: 0in;">-</td> <td style="border-bottom: Black 1.5pt solid; border-right: Black 1.5pt solid; padding: 0in; text-align: center; text-indent: 0in;">500,000</td> </tr></tbody></table> The Kipawa West Property is subject to a 2% GMR royalty payable to the Optionor. The Company will have the option to reduce the GMR from 2.0% to 1.0% by paying $1,000,000. <table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;">(h)</td> <td style="text-align: justify;">Kokanee Creek Property</td> </tr></tbody></table> During the year ended March 31, 2025, the Company decided it would not be pursuing any further exploration work on the Kokanee Creek property, allowed the claims to lapse and wrote-off all deferred costs incurred to date. <table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;">(i)</td> <td style="text-align: justify;">Lac Coulombre Property</td> </tr></tbody></table> On November 5, 2024, the Company entered into an option agreement to acquire a 100% interest in the Lac Coulombre Property. The property consists of 89 mining claims covering approximately 5,000 hectares area on land located about 100 kilometres south of Quebec City, Quebec. On November 3, 2025, the Company entered into an amended option agreement (the “Lac Coulombre Property Amended Agreement”) which amended the due dates for certain share issuances and exploration expenditure requirements of the option agreement. Pursuant to the terms of the Lac Coulombre Amended Agreement, the Company acquired a 100% interest in the property by making a cash payment of $5,000 and issued 2,250,000 common shares. The Lac Coulombre property has a 1.5% NSR payable to the optionor of which the Company will have the option to buy- out of 0.5% by paying $1,000,000. During the year ended March 31, 2026, the Company issued 2,250,000 common shares and completed the option payment pursuant to the property agreement to acquire 100% interest in the property (Note 9(b)). <table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;">(j)</td> <td style="text-align: justify;">Lac Marion Uranium Property</td> </tr></tbody></table> On June 10, 2024, the Company entered into an option agreement to acquire a 100% interest in the Lac Marion Uranium Property. The property consists of 47 mining claims covering approximately 2,760 hectares area in two claim blocks on land located about 40 kilometres northeast of Mont Laurier in Quebec. On October 30, 2025, the Company entered into an amended option agreement (the “Lac Marion Uranium Property Amended Agreement”) which amended the due dates for certain share issuances and exploration expenditure requirements of the option agreement. Under the terms of the Lac Marion Amended Agreement, the Company has the option to acquire a 100% interest in the property by completing the share issuance of 1,200,000 common shares (not issued). The Lac Marion property has a 1.5% GMR payable to the optionor of which the Company will have the option to buy-out of 0.5% by paying $1,000,000. <table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;">(k)</td> <td style="text-align: justify;">McNeely Lithium Property</td> </tr></tbody></table> Pursuant to the McNeely Lithium Property purchase agreement entered on June 7, 2021, the Company acquired a 100% interest in the McNeely Lithium Property, by issuing 526,316 common shares and paying $250,000. The McNeely Lithium Property is located in Quebec and consists of 65 claims covering approximately 2,300 hectares. The McNeely Lithium Property is subject to a 3.0% GMR. Certain of the claims are subject to a pre-existing 1.0% NSR. The Company will have the option to purchase the NSR by paying $200,000 to the NSR holder. <table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;">(l)</td> <td style="text-align: justify;">Pontax West Lithium Property</td> </tr></tbody></table> On October 13, 2023, the Company entered into an option agreement to acquire a 100% interest in the Pontax West Lithium Property (the “Pontax Lithium Agreement”). The property consists of 72 mining claims covering over 3,800 hectares in the James Bay lithium region of northern Quebec. On September 13, 2024, the Company entered into an amended option agreement (the “Pontax West Lithium Amended Agreement”) which amended the due dates for certain share issuances and exploration expenditure requirements of the option agreement. Under the terms of the Pontax West Lithium Amended Agreement, the Company acquired a 100% interest in the property by completing the share issuance of 2,500,000 on May 7, 2025 with a fair value $37,500. The share issuance had been accrued at March 31, 2025. The Pontax West Lithium property has a 1.5% GMR payable to the Optionor of which the Company will have the option to reduce the GMR to 1.0% by paying $1,000,000 for one-half of one percent. On August 1, 2025, the Company signed a plan of arrangement agreement (the “Agreement”) to spin out its Pontax West lithium property located in the province of Quebec to Westlinear. Under the terms of the arrangement, the Company’s shareholders will be issued one share of Westlinear with respect to every 10 shares of the Company owned on the share distribution record date. On October 23, 2025, the shareholders of the Company approved by special resolution the Agreement to spin out the Company’s Pontax West lithium property to Westlinear. With the completion of the Arrangement occurring on November 28, 2025, following receipt of regulatory approval, Linear transferred the Pontax West Lithium property to Westlinear (Note 1). <table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;">(m)</td> <td style="text-align: justify;">Ridgeway Clark County</td> </tr></tbody></table> The Company staked 67 mineral property claims located in the Clark County, Washington, U.S at a cost of $60,220. <table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;">(n)</td> <td style="text-align: justify;">Rose East Lithium Property</td> </tr></tbody></table> On March 4, 2023, the Company entered into an option agreement to acquire a 100% interest in the Rose East Lithium Property (“Rose East Lithium”). The Rose East Lithium property consists of 59 mining claims covering approximately 3,100 hectares in northern Quebec. On November 3, 2025, the Company entered into an amended option agreement (the “Rose East Lithium Property Amended Agreement”) which amended the due dates and amounts for certain share issuances requirements of the option agreement. Under the terms of the Rose East Lithium Amended Agreement, the Company has the option to acquire a 100% interest in the property by completing the share issuance of 1,250,000 common shares. On February 3, 2026, the Company issued the required shares to complete its acquisition of a 100% interest in the Rose East Lithium property (Note 9(b)). The Rose East Lithium property has a 1.5% GMR payable to the Optionor of which the Company will have the option to reduce the GMR to 1.0% by paying $1,000,000 for 0.5%. <table cellpadding="0" cellspacing="0" style="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;">(o)</td> <td style="text-align: justify;">Rose West Lithium Property</td> </tr></tbody></table> On November 25, 2022, the Company entered into an option agreement to acquire a 100% interest in the Rose West Property. The Rose West Lithium property is located in the James Bay region of northern Quebec and consists of 32 mining claims covering approximately 1,700 hectares within townships. On December 9, 2022, the Company entered into amended option agreement to which the Company could acquire a 100% interest in the property by issuing 1,300,000 shares and granted the Company a 1% GMR. On April 5, 2023, the Company issued the required shares to acquire a 100% interest in the Rose West Lithium property (Note 9(b)). The Rose West Lithium property has a 1% GMR payable to the optionor upon the commencement of commercial production. Exploration and evaluation expenditures recorded in the statements of loss and comprehensive loss for the year ended March 31, 2026, 2025 and 2024 are as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse;"> <tbody><tr style="vertical-align: bottom;"><td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; font-weight: bold; text-align: center;">Year ended March 31, 2026</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Assay and sampling</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Drilling and mobilization</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Field expenditures</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Geological Consulting</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Geological and Technical Services</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Land claims and property taxes</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; font-weight: bold;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; font-weight: bold; text-align: right;">Total March 31, 2026</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"><td style="background-color: White; text-align: left; padding-left: 2pt;">Quebec </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="background-color: White; width: 25%; text-align: left; padding-left: 0.125in;">Augustus Lithium</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 7%; text-align: right;">13,309</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">495,490</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">75,845</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">88,450</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">54,241</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;"> -</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">727,335</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="background-color: White; text-align: left; padding-left: 0.125in;">Kipawa West</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">79,000</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">79,000</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="background-color: White; text-align: left; padding-left: 0.125in;">Lac Coulombre</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">80,000</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">80,000</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="background-color: White; text-align: left; padding-bottom: 0in; padding-left: 0.125in;">Lac Marion</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">75,000</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">75,000</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: left; padding-bottom: 0in; padding-left: 2pt;">Total</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White;"> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: left;">$</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: right;">13,309</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White;"> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: left;">$</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: right;">495,490</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White;"> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: left;">$</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: right;">75,845</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White;"> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: left;">$</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: right;">322,450</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White;"> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: left;">$</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: right;">54,241</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White;"> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: left;">$</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: right;">-</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White;"> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: left;">$</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: right;">961,335</td> </tr></tbody></table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse;"> <tbody><tr style="vertical-align: bottom; background-color: white;"><td style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;">Year ended March 31, 2025</td> <td style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;"> </td> <td colspan="2" style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;">Assay and sampling</td> <td style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;"> </td> <td colspan="2" style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;">Drilling and mobilization</td> <td style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;"> </td> <td colspan="2" style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;">Field expenditures</td> <td style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;"> </td> <td colspan="2" style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;">Geological Consulting</td> <td style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;"> </td> <td colspan="2" style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;">Geological and Technical Services</td> <td style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;"> </td> <td colspan="2" style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;">Land claims and property taxes</td> <td style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;"> </td> <td style="border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 0in; text-align: right;">Total Mavrch 31, 2025</td> </tr><tr style="vertical-align: bottom; background-color: white;"><td style="padding-left: 2pt; font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt;">Quebec</td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;"> </td> </tr><tr style="vertical-align: bottom; background-color: white;"> <td style="padding: 0in 0in 0in 0.125in; width: 24%;">Augustus Lithium</td> <td style="padding: 0in; width: 1%;">$</td> <td style="text-align: right; padding: 0in; width: 9%;">57,169</td> <td style="padding: 0in; width: 1%;"> </td> <td style="padding: 0in; width: 1%;">$</td> <td style="text-align: right; padding: 0in; width: 9%;">338,643</td> <td style="padding: 0in; width: 1%;"> </td> <td style="padding: 0in; width: 1%;">$</td> <td style="text-align: right; padding: 0in; width: 9%;">231,666</td> <td style="padding: 0in; width: 1%;"> </td> <td style="padding: 0in; width: 1%;">$</td> <td style="text-align: right; padding: 0in; width: 9%;">142,236</td> <td style="padding: 0in; width: 1%;"> </td> <td style="padding: 0in; width: 1%;">$</td> <td style="text-align: right; padding: 0in; width: 9%;">178,650</td> <td style="padding: 0in; width: 1%;"> </td> <td style="padding: 0in; width: 1%;">$</td> <td style="text-align: right; padding: 0in; width: 9%;">6,973</td> <td style="padding: 0in; width: 1%;"> </td> <td style="padding: 0in; width: 1%;">$</td> <td style="text-align: right; padding: 0in; width: 9%;">955,337</td> </tr><tr style="vertical-align: bottom; background-color: white;"> <td style="padding: 0in 0in 0in 0.125in;">Pontax West Lithium</td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">30,000</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">30,000</td> </tr><tr style="vertical-align: bottom; background-color: white;"> <td style="padding: 0in 0in 0in 0.125in;">Rose East Lithium</td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">25,000</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">25,000</td> </tr><tr style="vertical-align: bottom; background-color: white;"> <td style="padding: 0in 0in 0in 0.125in;">Rose West Lithium</td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">25,000</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">25,000</td> </tr><tr style="vertical-align: bottom; background-color: white;"> <td style="background-color: White; text-align: left; padding-bottom: 1.5pt; padding-left: 2pt;">General Exploration</td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">95,765</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">92,449</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">64,650</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">252,864</td> </tr><tr style="vertical-align: bottom; background-color: white;"> <td style="border-top: black 1pt solid; padding: 0in 0in 0in 2pt; border-bottom: black 1.5pt solid;">Total</td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">$</td> <td style="text-align: right; padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">57,169</td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;"> </td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">$</td> <td style="text-align: right; padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">338,643</td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;"> </td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">$</td> <td style="text-align: right; padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">327,431</td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;"> </td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">$</td> <td style="text-align: right; padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">314,685</td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;"> </td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">$</td> <td style="text-align: right; padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">243,300</td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;"> </td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">$</td> <td style="text-align: right; padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">6,973</td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;"> </td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">$</td> <td style="text-align: right; padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">1,288,201</td> </tr></tbody></table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse;"> <tbody><tr style="vertical-align: bottom;"><td style="border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; background-color: White; font-size: 9.5pt; font-weight: bold; text-align: center;">Year ended March 31, 2024</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Assay and sampling</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Drilling and mobilization</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Field expenditures</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Geological Consulting</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Geological and Technical Services</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Land claims and property taxes</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; font-weight: bold;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; font-weight: bold; text-align: right;">Total March 31, 2024</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"><td style="padding-left: 2pt; background-color: White; text-align: left;">Ontario</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="padding-left: 10pt; background-color: White; width: 23%; text-align: left;"> Trix Lithium</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">-</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">-</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">45,000</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">65,050</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">-</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">-</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">110,050</td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="background-color: White; font-weight: bold; text-align: left; padding-left: 2pt;">Quebec</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="background-color: White; text-align: left; padding-left: 10pt;">Augustus Lithium</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">98,566</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">907,763</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">366,970</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">228,700</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">506,769</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">13,087</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">2,121,855</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="background-color: White; text-align: left; padding-left: 10pt;">Pontax West Lithium</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">181,000</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">181,000</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="background-color: White; text-align: left; padding-left: 10pt;">Rose West Lithium</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">72,600</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">72,600</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="background-color: White; text-align: left; padding-left: 10pt;">Rose East Lithium</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">88,200</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">88,200</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="background-color: White; text-align: left; padding-bottom: 1.5pt; padding-left: 2pt;">General Exploration</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">9,700</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">9,700</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="border-top: Black 1pt solid; background-color: White; text-align: left; padding-bottom: 1.5pt; padding-left: 3.45pt; border-bottom: Black 1.5pt solid;">Total</td> <td style="border-top: Black 1pt solid; background-color: White; border-bottom: Black 1.5pt solid;"> </td> <td style="border-top: Black 1pt solid; background-color: White; text-align: left; border-bottom: Black 1.5pt solid;">$</td> <td style="border-top: Black 1pt solid; background-color: White; text-align: right; border-bottom: Black 1.5pt solid;">98,566</td> <td style="border-top: Black 1pt solid; background-color: White; border-bottom: Black 1.5pt solid;"> </td> <td style="border-top: Black 1pt solid; background-color: White; text-align: left; border-bottom: Black 1.5pt solid;">$</td> <td style="border-top: Black 1pt solid; background-color: White; text-align: right; border-bottom: Black 1.5pt solid;">907,763</td> <td style="border-top: Black 1pt solid; background-color: White; border-bottom: Black 1.5pt solid;"> </td> <td style="border-top: Black 1pt solid; background-color: White; text-align: left; border-bottom: Black 1.5pt solid;">$</td> <td style="border-top: Black 1pt solid; background-color: White; text-align: right; border-bottom: Black 1.5pt solid;">411,970</td> <td style="border-top: Black 1pt solid; background-color: White; border-bottom: Black 1.5pt solid;"> </td> <td style="border-top: Black 1pt solid; background-color: White; text-align: left; border-bottom: Black 1.5pt solid;">$</td> <td style="border-top: Black 1pt solid; background-color: White; text-align: right; border-bottom: Black 1.5pt solid;">635,550</td> <td style="border-top: Black 1pt solid; background-color: White; border-bottom: Black 1.5pt solid;"> </td> <td style="border-top: Black 1pt solid; background-color: White; text-align: left; border-bottom: Black 1.5pt solid;">$</td> <td style="border-top: Black 1pt solid; background-color: White; text-align: right; border-bottom: Black 1.5pt solid;">516,469</td> <td style="border-top: Black 1pt solid; background-color: White; border-bottom: Black 1.5pt solid;"> </td> <td style="border-top: Black 1pt solid; background-color: White; text-align: left; border-bottom: Black 1.5pt solid;">$</td> <td style="border-top: Black 1pt solid; background-color: White; text-align: right; border-bottom: Black 1.5pt solid;">13,087</td> <td style="border-top: Black 1pt solid; background-color: White; border-bottom: Black 1.5pt solid;"> </td> <td style="border-top: Black 1pt solid; background-color: White; text-align: left; border-bottom: Black 1.5pt solid;">$</td> <td style="border-top: Black 1pt solid; background-color: White; text-align: right; border-bottom: Black 1.5pt solid;">2,583,405</td> </tr></tbody></table>

Exploration and evaluation assets deferred to the statements of financial position at March 31, 2026 and 2025 are as follows:<table cellpadding="0" cellspacing="0" style="width: 100%; font: 11pt Times New Roman, Times, Serif; border-collapse: collapse;"> <tbody><tr style="font-size: 9pt; vertical-align: top;"><td style="border-top: Black 2.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9pt; text-align: left;"> </td> <td colspan="2" style="border-top: Black 2.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9pt; text-align: right;">March 31, 2025</td> <td colspan="2" style="vertical-align: bottom; border-top: Black 2.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9pt; text-align: right;">Additions</td> <td colspan="2" style="border-top: Black 2.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9pt; text-align: right;">Transfer of property</td> <td colspan="2" style="vertical-align: bottom; border-top: Black 2.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9pt; text-align: right;">Write-off</td> <td colspan="2" style="border-top: Black 2.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9pt; text-align: right;">March 31, 2026</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.4pt; padding-left: 3.45pt; text-align: left; width: 35%;">Abitibi Lithium</td> <td style="padding-left: 0.25in; padding-top: 0.4pt; padding-right: 5.25pt; text-align: left; width: 7%;">$</td> <td style="padding-top: 0.4pt; padding-right: 5.25pt; text-align: right; width: 6%;"> 1,767,000</td> <td style="padding-left: 0.25in; padding-top: 0.4pt; padding-right: 5.95pt; text-align: left; width: 7%;">$</td> <td style="padding-top: 0.4pt; padding-right: 5.95pt; text-align: right; width: 6%;"> -</td> <td style="padding-left: 0.25in; padding-top: 0.4pt; text-align: left; width: 7%;">$</td> <td style="padding-top: 0.4pt; padding-left: 5.75pt; text-align: right; width: 6%;"> -</td> <td style="padding-left: 0.25in; padding-top: 0.4pt; text-align: left; width: 7%;">$</td> <td style="padding-top: 0.4pt; padding-left: 3.15pt; text-align: right; width: 6%;">(927,310)</td> <td style="padding-left: 0.25in; padding-top: 0.4pt; padding-right: 3.4pt; text-align: left; width: 7%;">$</td> <td style="padding-top: 0.4pt; padding-right: 3.4pt; text-align: right; width: 6%;"> 839,690</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.6pt; padding-left: 3.45pt; text-align: left;">Augustus Lithium</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 5.25pt; text-align: right;">593,290</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 6.4pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 3.4pt; text-align: right;">593,290</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Canadian Lithium</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">228,881</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.4pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">228,881</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Electron Lithium</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">650,405</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.4pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.75pt; text-align: right;">(123,172)</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">527,233</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Lac Coulombre</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.8pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.7pt; text-align: right;">140,000</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.4pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">140,000</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.6pt; padding-left: 3.45pt; text-align: left;">McNeely Lithium</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 5.25pt; text-align: right;">820,000</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 6.4pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 3.4pt; text-align: right;">820,000</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Pontax West Lithium</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">37,500</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.5pt; text-align: right;">(37,500)</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.05pt; text-align: right;">-</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Ridgeway Clark County</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.8pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.7pt; text-align: right;">60,220</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.4pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">60,220</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Rose East Lithium</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">975,000</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.7pt; text-align: right;">75,000</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.4pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">1,050,000</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Rose West Lithium</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">884,000</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-right: 6.4pt; text-align: right;">-</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">884,000</td> </tr><tr style="vertical-align: top;"> <td style="text-align: left;"> </td> <td style="padding-left: 0.25in; padding-top: 0.35pt; padding-right: 5.25pt; text-align: left;">$</td> <td style="padding-top: 0.35pt; padding-right: 5.25pt; text-align: right;"> 5,956,076</td> <td style="padding-left: 0.25in; padding-top: 0.35pt; padding-right: 3.7pt; text-align: left;">$</td> <td style="padding-top: 0.35pt; padding-right: 3.7pt; text-align: right;"> 275,220</td> <td style="padding-left: 0.25in; padding-top: 0.35pt; padding-right: 3.5pt; text-align: left;">$</td> <td style="padding-top: 0.35pt; padding-right: 3.5pt; text-align: right;">(37,500)</td> <td style="padding-left: 0.25in; padding-top: 0.35pt; text-align: left;">$</td> <td style="padding-top: 0.35pt; padding-left: 3.15pt; text-align: right;">(1,050,482)</td> <td style="padding-left: 0.25in; padding-top: 0.35pt; padding-right: 3.4pt; text-align: left;">$</td> <td style="padding-top: 0.35pt; padding-right: 3.4pt; text-align: right;"> 5,143,314</td> </tr><tr style="font-size: 3pt; vertical-align: top;"><td style="border-top: Black 2.5pt solid; border-bottom: Black 2.5pt solid; font-size: 3pt; text-align: left;"> </td> <td colspan="2" style="border-top: Black 2.5pt solid; font-size: 3pt; text-align: left; border-bottom: Black 2.5pt solid;"> </td> <td colspan="2" style="border-top: Black 2.5pt solid; font-size: 3pt; text-align: left; border-bottom: Black 2.5pt solid;"> </td> <td colspan="2" style="border-top: Black 2.5pt solid; font-size: 3pt; text-align: left; border-bottom: Black 2.5pt solid;"> </td> <td colspan="2" style="border-top: Black 2.5pt solid; font-size: 3pt; text-align: left; border-bottom: Black 2.5pt solid;"> </td> <td colspan="2" style="border-top: Black 2.5pt solid; font-size: 3pt; text-align: left; border-bottom: Black 2.5pt solid;"> </td> </tr><tr style="font-size: 9pt; vertical-align: top;"><td style="font-size: 9pt; text-align: left;"> </td> <td colspan="2" style="font-size: 9pt; padding-top: 0.5pt; padding-right: 3.25pt; text-align: right;">March 31,</td> <td colspan="2" style="font-size: 9pt; text-align: left;"> </td> <td colspan="2" style="font-size: 9pt; text-align: left;"> </td> <td colspan="2" style="font-size: 9pt; text-align: left;"> </td> <td colspan="2" style="font-size: 9pt; padding-top: 0.5pt; padding-right: 1.5pt; text-align: right;">March 31,</td> </tr><tr style="font-size: 9pt; vertical-align: top;"><td style="border-bottom: Black 1.5pt solid; font-size: 9pt; text-align: left;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-size: 9pt; padding-top: 0.65pt; padding-right: 3.85pt; text-align: right;">2024</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-size: 9pt; padding-top: 0.65pt; padding-right: 3.25pt; text-align: right;">Additions</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-size: 9pt; text-align: left;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-size: 9pt; padding-top: 0.65pt; padding-right: 3.05pt; text-align: right;">Write-off</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-size: 9pt; padding-top: 0.65pt; padding-right: 2.1pt; text-align: right;">2025</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.35pt; padding-left: 3.45pt; text-align: left;">Abitibi Lithium</td> <td style="padding-left: 0.25in; padding-top: 0.35pt; padding-right: 5.25pt; text-align: left;">$</td> <td style="padding-top: 0.35pt; padding-right: 5.25pt; text-align: right;"> 1,767,000</td> <td style="padding-left: 0.25in; padding-top: 0.35pt; padding-right: 5.95pt; text-align: left;">$</td> <td style="padding-top: 0.35pt; padding-right: 5.95pt; text-align: right;"> -</td> <td colspan="2" style="text-align: left;"> </td> <td style="padding-left: 0.25in; padding-top: 0.35pt; text-align: left;">$</td> <td style="padding-top: 0.35pt; padding-left: 5.3pt; text-align: right;"> -</td> <td style="padding-left: 0.25in; padding-top: 0.35pt; padding-right: 3.4pt; text-align: left;">$</td> <td style="padding-top: 0.35pt; padding-right: 3.4pt; text-align: right;"> 1,767,000</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Augustus Lithium</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">593,290</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="text-align: left;"> </td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">593,290</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.6pt; padding-left: 3.45pt; text-align: left;">Canadian Lithium</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 5.25pt; text-align: right;">228,881</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="text-align: left;"> </td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 3.4pt; text-align: right;">228,881</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Cosgrave Lithium</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">104,750</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="text-align: left;"> </td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.75pt; text-align: right;">(104,750)</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.05pt; text-align: right;">-</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Electron Lithium</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">650,405</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="text-align: left;"> </td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">650,405</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Kokanee Creek</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">932,125</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="text-align: left;"> </td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.75pt; text-align: right;">(932,125)</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.05pt; text-align: right;">-</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.6pt; padding-left: 3.45pt; text-align: left;">McNeely Lithium</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 5.25pt; text-align: right;">820,000</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="text-align: left;"> </td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.6pt; padding-right: 3.4pt; text-align: right;">820,000</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Pontax West Lithium</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.8pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.7pt; text-align: right;">37,500</td> <td colspan="2" style="text-align: left;"> </td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">37,500</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Rose East Lithium</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">975,000</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="text-align: left;"> </td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">975,000</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-left: 3.45pt; text-align: left;">Rose West Lithium</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-right: 5.25pt; text-align: right;">884,000</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-right: 5.95pt; text-align: right;">-</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-right: 6.6pt; text-align: right;">-</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; padding-top: 0.65pt; padding-right: 3.4pt; text-align: right;">884,000</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: Black 2.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 2.5pt solid; padding-left: 0.25in; padding-top: 0.45pt; padding-right: 5.25pt; text-align: left;">$</td> <td style="border-bottom: Black 2.5pt solid; padding-top: 0.45pt; padding-right: 5.25pt; text-align: right;">6,955,451</td> <td style="border-bottom: Black 2.5pt solid; padding-left: 0.25in; padding-top: 0.45pt; padding-right: 3.7pt; text-align: left;">$</td> <td style="border-bottom: Black 2.5pt solid; padding-top: 0.45pt; padding-right: 3.7pt; text-align: right;">37,500</td> <td colspan="2" style="border-bottom: Black 2.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 2.5pt solid; padding-left: 0.25in; padding-top: 0.45pt; text-align: left;">$</td> <td style="border-bottom: Black 2.5pt solid; padding-top: 0.45pt; padding-left: 3.15pt; text-align: right;">(1,036,875)</td> <td style="border-bottom: Black 2.5pt solid; padding-left: 0.25in; padding-top: 0.45pt; padding-right: 3.4pt; text-align: left;">$</td> <td style="border-bottom: Black 2.5pt solid; padding-top: 0.45pt; padding-right: 3.4pt; text-align: right;"> 5,956,076</td> </tr></tbody></table>

1767000

927310

839690

593290

228881

650405

123172

527233

140000

820000

37500

-37500

60220

975000

75000

1050000

884000

5956076

275220

-37500

1050482

5143314

1767000

593290

228881

104750

650405

932125

820000

37500

975000

884000

6955451

37500

1036875

5956076

114

5800

1078947

250000

0.03 0.01 0.02

1000000

927310

900

350000

0.02 0.01 0.01

1000000

700

60000

230263

0.02 0.01 0.01

1000000

198

3728

175000

22500

351

18000

0.03 0.01 0.02

1000000

50000 44088 0.50

550000

486837

351 -131

18000

123172

1000

1 50000 45359 0.65

100000

93999

1375000

513975

0.25 0.90

750000

290295

50000

46175

0.10

1 2000000 0.90

3000

Under the terms of the Kipawa West Agreement, the Company has the option to acquire a 100% interest in the property by completing the following share issuance and exploration expenditures: <table cellpadding="0" cellspacing="0" style="width: 60%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse;"> <tbody><tr style="vertical-align: top;"><td style="border-top: Black 1.5pt solid; text-align: center; font-family: Times New Roman, Times, Serif; font-style: normal; border-left: Black 1.5pt solid; padding: 0in 0in 0in 5.95pt; width: 42%; text-indent: 0in; font-weight: normal; font-variant: normal; vertical-align: middle;">Due Dates</td> <td style="vertical-align: middle; border-right: Black 1pt solid; border-left: Black 1pt solid; padding: 0in; border-top: Black 1.5pt solid; width: 29%; text-align: center; text-indent: 0in;">Issuance of Linear Minerals common shares</td> <td style="vertical-align: middle; border-top: Black 1.5pt solid; border-right: Black 1.5pt solid; padding: 0in; width: 29%; text-align: center; text-indent: 0in;">Exploration expenditures ($)</td> </tr><tr style="vertical-align: top;"> <td style="font-style: normal; border-top: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1.5pt solid; padding: 0in 0in 0in 5.95pt; text-align: left; text-indent: 0in; font-weight: normal;">On signing (not yet issued)</td> <td style="border: Black 1pt solid; padding: 0in; text-align: center; text-indent: 0in;">1,000,000</td> <td style="border-top: Black 1pt solid; border-right: Black 1.5pt solid; border-bottom: Black 1pt solid; padding: 0in; text-align: center; text-indent: 0in;">-</td> </tr><tr style="vertical-align: top;"> <td style="font-style: normal; border-left: Black 1.5pt solid; padding: 0in 0in 0in 5.95pt; text-align: left; text-indent: 0in; font-weight: normal;">December 9, 2026</td> <td style="border-right: Black 1pt solid; padding: 0in; text-align: center; text-indent: 0in; border-left: Black 1pt solid;">1,500,000</td> <td style="border-right: Black 1.5pt solid; padding: 0in; text-align: center; text-indent: 0in;">250,000</td> </tr><tr style="vertical-align: top;"> <td style="font-style: normal; border-top: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1.5pt solid; padding: 0in 0in 0in 5.95pt; text-align: left; text-indent: 0in; font-weight: normal;">December 9, 2027</td> <td style="border: Black 1pt solid; padding: 0in; text-align: center; text-indent: 0in;">2,000,000</td> <td style="border-top: Black 1pt solid; border-right: Black 1.5pt solid; border-bottom: Black 1pt solid; padding: 0in; text-align: center; text-indent: 0in;">500,000</td> </tr><tr style="vertical-align: top;"> <td style="font-style: normal; border-bottom: Black 1.5pt solid; border-left: Black 1.5pt solid; padding: 0in 0in 0in 5.95pt; text-align: left; text-indent: 0in; font-weight: normal;">December 9, 2028</td> <td style="border-right: Black 1pt solid; border-bottom: Black 1.5pt solid; border-left: Black 1pt solid; padding: 0in; text-align: center; text-indent: 0in;">-</td> <td style="border-bottom: Black 1.5pt solid; border-right: Black 1.5pt solid; padding: 0in; text-align: center; text-indent: 0in;">500,000</td> </tr></tbody></table>

1000000

1500000

250000

2000000

500000

0.02 0.02 0.01

1000000

5000

100

5000

2250000

0.015 0.005

1000000

2250000

2760

1200000

0.015 0.005

1000000

526316

250000

2300

0.03 0.01

200000

3800

2500000

37500 0.015 0.01

1000000

0.01

60220

3100

1250000

0.015 0.01

1000000

0.005

1700

1300000

0.01

Exploration and evaluation expenditures recorded in the statements of loss and comprehensive loss for the year ended March 31, 2026, 2025 and 2024 are as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse;"> <tbody><tr style="vertical-align: bottom;"><td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; font-weight: bold; text-align: center;">Year ended March 31, 2026</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Assay and sampling</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Drilling and mobilization</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Field expenditures</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Geological Consulting</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Geological and Technical Services</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Land claims and property taxes</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; font-weight: bold;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; font-weight: bold; text-align: right;">Total March 31, 2026</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"><td style="background-color: White; text-align: left; padding-left: 2pt;">Quebec </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="background-color: White; width: 25%; text-align: left; padding-left: 0.125in;">Augustus Lithium</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 7%; text-align: right;">13,309</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">495,490</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">75,845</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">88,450</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">54,241</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;"> -</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">727,335</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="background-color: White; text-align: left; padding-left: 0.125in;">Kipawa West</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">79,000</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">79,000</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="background-color: White; text-align: left; padding-left: 0.125in;">Lac Coulombre</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">80,000</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">80,000</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="background-color: White; text-align: left; padding-bottom: 0in; padding-left: 0.125in;">Lac Marion</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">75,000</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">75,000</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: left; padding-bottom: 0in; padding-left: 2pt;">Total</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White;"> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: left;">$</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: right;">13,309</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White;"> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: left;">$</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: right;">495,490</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White;"> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: left;">$</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: right;">75,845</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White;"> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: left;">$</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: right;">322,450</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White;"> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: left;">$</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: right;">54,241</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White;"> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: left;">$</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: right;">-</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White;"> </td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: left;">$</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1.5pt solid; background-color: White; text-align: right;">961,335</td> </tr></tbody></table> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse;"> <tbody><tr style="vertical-align: bottom; background-color: white;"><td style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;">Year ended March 31, 2025</td> <td style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;"> </td> <td colspan="2" style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;">Assay and sampling</td> <td style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;"> </td> <td colspan="2" style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;">Drilling and mobilization</td> <td style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;"> </td> <td colspan="2" style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;">Field expenditures</td> <td style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;"> </td> <td colspan="2" style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;">Geological Consulting</td> <td style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;"> </td> <td colspan="2" style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;">Geological and Technical Services</td> <td style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;"> </td> <td colspan="2" style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;">Land claims and property taxes</td> <td style="text-align: center; padding: 0in; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid;"> </td> <td style="border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 0in; text-align: right;">Total Mavrch 31, 2025</td> </tr><tr style="vertical-align: bottom; background-color: white;"><td style="padding-left: 2pt; font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt;">Quebec</td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;"> </td> </tr><tr style="vertical-align: bottom; background-color: white;"> <td style="padding: 0in 0in 0in 0.125in; width: 24%;">Augustus Lithium</td> <td style="padding: 0in; width: 1%;">$</td> <td style="text-align: right; padding: 0in; width: 9%;">57,169</td> <td style="padding: 0in; width: 1%;"> </td> <td style="padding: 0in; width: 1%;">$</td> <td style="text-align: right; padding: 0in; width: 9%;">338,643</td> <td style="padding: 0in; width: 1%;"> </td> <td style="padding: 0in; width: 1%;">$</td> <td style="text-align: right; padding: 0in; width: 9%;">231,666</td> <td style="padding: 0in; width: 1%;"> </td> <td style="padding: 0in; width: 1%;">$</td> <td style="text-align: right; padding: 0in; width: 9%;">142,236</td> <td style="padding: 0in; width: 1%;"> </td> <td style="padding: 0in; width: 1%;">$</td> <td style="text-align: right; padding: 0in; width: 9%;">178,650</td> <td style="padding: 0in; width: 1%;"> </td> <td style="padding: 0in; width: 1%;">$</td> <td style="text-align: right; padding: 0in; width: 9%;">6,973</td> <td style="padding: 0in; width: 1%;"> </td> <td style="padding: 0in; width: 1%;">$</td> <td style="text-align: right; padding: 0in; width: 9%;">955,337</td> </tr><tr style="vertical-align: bottom; background-color: white;"> <td style="padding: 0in 0in 0in 0.125in;">Pontax West Lithium</td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">30,000</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">30,000</td> </tr><tr style="vertical-align: bottom; background-color: white;"> <td style="padding: 0in 0in 0in 0.125in;">Rose East Lithium</td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">25,000</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">25,000</td> </tr><tr style="vertical-align: bottom; background-color: white;"> <td style="padding: 0in 0in 0in 0.125in;">Rose West Lithium</td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">25,000</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">25,000</td> </tr><tr style="vertical-align: bottom; background-color: white;"> <td style="background-color: White; text-align: left; padding-bottom: 1.5pt; padding-left: 2pt;">General Exploration</td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">95,765</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">92,449</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">64,650</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">-</td> <td style="padding: 0in;"> </td> <td style="padding: 0in;"> </td> <td style="text-align: right; padding: 0in;">252,864</td> </tr><tr style="vertical-align: bottom; background-color: white;"> <td style="border-top: black 1pt solid; padding: 0in 0in 0in 2pt; border-bottom: black 1.5pt solid;">Total</td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">$</td> <td style="text-align: right; padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">57,169</td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;"> </td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">$</td> <td style="text-align: right; padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">338,643</td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;"> </td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">$</td> <td style="text-align: right; padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">327,431</td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;"> </td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">$</td> <td style="text-align: right; padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">314,685</td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;"> </td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">$</td> <td style="text-align: right; padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">243,300</td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;"> </td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">$</td> <td style="text-align: right; padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">6,973</td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;"> </td> <td style="padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">$</td> <td style="text-align: right; padding: 0in; border-top: black 1pt solid; border-bottom: black 1.5pt solid;">1,288,201</td> </tr></tbody></table><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse;"> <tbody><tr style="vertical-align: bottom;"><td style="border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; background-color: White; font-size: 9.5pt; font-weight: bold; text-align: center;">Year ended March 31, 2024</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Assay and sampling</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Drilling and mobilization</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Field expenditures</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Geological Consulting</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Geological and Technical Services</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; text-align: center;">Land claims and property taxes</td> <td style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; font-weight: bold;"> </td> <td colspan="2" style="background-color: White; border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; font-size: 9.5pt; font-weight: bold; text-align: right;">Total March 31, 2024</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"><td style="padding-left: 2pt; background-color: White; text-align: left;">Ontario</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="padding-left: 10pt; background-color: White; width: 23%; text-align: left;"> Trix Lithium</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">-</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">-</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">45,000</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">65,050</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">-</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">-</td> <td style="background-color: White; width: 1%;"> </td> <td style="background-color: White; width: 1%; text-align: left;">$</td> <td style="background-color: White; width: 9%; text-align: right;">110,050</td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="background-color: White; font-weight: bold; text-align: left; padding-left: 2pt;">Quebec</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="background-color: White; text-align: left; padding-left: 10pt;">Augustus Lithium</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">98,566</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">907,763</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">366,970</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">228,700</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">506,769</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">13,087</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">2,121,855</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="background-color: White; text-align: left; padding-left: 10pt;">Pontax West Lithium</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">181,000</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">181,000</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="background-color: White; text-align: left; padding-left: 10pt;">Rose West Lithium</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">72,600</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">72,600</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="background-color: White; text-align: left; padding-left: 10pt;">Rose East Lithium</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">88,200</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">88,200</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="background-color: White; text-align: left; padding-bottom: 1.5pt; padding-left: 2pt;">General Exploration</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">9,700</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">-</td> <td style="background-color: White;"> </td> <td style="background-color: White; text-align: left;"> </td> <td style="background-color: White; text-align: right;">9,700</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="border-top: Black 1pt solid; background-color: White; text-align: left; padding-bottom: 1.5pt; padding-left: 3.45pt; border-bottom: Black 1.5pt solid;">Total</td> <td style="border-top: Black 1pt solid; background-color: White; border-bottom: Black 1.5pt solid;"> </td> <td style="border-top: Black 1pt solid; background-color: White; text-align: left; border-bottom: Black 1.5pt solid;">$</td> <td style="border-top: Black 1pt solid; background-color: White; text-align: right; border-bottom: Black 1.5pt solid;">98,566</td> <td style="border-top: Black 1pt solid; background-color: White; border-bottom: Black 1.5pt solid;"> </td> <td style="border-top: Black 1pt solid; background-color: White; text-align: left; border-bottom: Black 1.5pt solid;">$</td> <td style="border-top: Black 1pt solid; background-color: White; text-align: right; border-bottom: Black 1.5pt solid;">907,763</td> <td style="border-top: Black 1pt solid; background-color: White; border-bottom: Black 1.5pt solid;"> </td> <td style="border-top: Black 1pt solid; background-color: White; text-align: left; border-bottom: Black 1.5pt solid;">$</td> <td style="border-top: Black 1pt solid; background-color: White; text-align: right; border-bottom: Black 1.5pt solid;">411,970</td> <td style="border-top: Black 1pt solid; background-color: White; border-bottom: Black 1.5pt solid;"> </td> <td style="border-top: Black 1pt solid; background-color: White; text-align: left; border-bottom: Black 1.5pt solid;">$</td> <td style="border-top: Black 1pt solid; background-color: White; text-align: right; border-bottom: Black 1.5pt solid;">635,550</td> <td style="border-top: Black 1pt solid; background-color: White; border-bottom: Black 1.5pt solid;"> </td> <td style="border-top: Black 1pt solid; background-color: White; text-align: left; border-bottom: Black 1.5pt solid;">$</td> <td style="border-top: Black 1pt solid; background-color: White; text-align: right; border-bottom: Black 1.5pt solid;">516,469</td> <td style="border-top: Black 1pt solid; background-color: White; border-bottom: Black 1.5pt solid;"> </td> <td style="border-top: Black 1pt solid; background-color: White; text-align: left; border-bottom: Black 1.5pt solid;">$</td> <td style="border-top: Black 1pt solid; background-color: White; text-align: right; border-bottom: Black 1.5pt solid;">13,087</td> <td style="border-top: Black 1pt solid; background-color: White; border-bottom: Black 1.5pt solid;"> </td> <td style="border-top: Black 1pt solid; background-color: White; text-align: left; border-bottom: Black 1.5pt solid;">$</td> <td style="border-top: Black 1pt solid; background-color: White; text-align: right; border-bottom: Black 1.5pt solid;">2,583,405</td> </tr></tbody></table>

13309

495490

75845

88450

54241

727335

79000

80000

75000

13309

495490

75845

322450

54241

961335

57169

338643

231666

142236

178650

6973

955337

30000

25000

95765

92449

64650

252864

57169

338643

327431

314685

243300

6973

1288201

45000

65050

110050

98566

907763

366970

228700

506769

13087

2121855

181000

72600

88200

9700

98566

907763

411970

635550

516469

13087

2583405

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%;"><tbody><tr style="vertical-align: top; text-align: justify;"><td style="width: 0in;"></td> <td style="width: 0.25in; text-align: left;">7.</td> <td style="text-align: justify;">Accounts Payable and Accrued Liabilities</td> </tr></tbody></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse;"> <tbody><tr style="vertical-align: top;"><td style="border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid;"> </td> <td style="border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid;">March 31, 2026</td> <td style="border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid;"> </td> <td style="border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid;">March 31, 2025</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0in; padding-left: 2.25pt; text-align: left; width: 62%;">Trade and other payables</td> <td style="padding-top: 0.35pt; text-align: right; width: 5%;">$</td> <td style="padding-top: 0.35pt; text-align: right; width: 14%;"> 821,480</td> <td style="padding-top: 0.35pt; text-align: right; width: 5%;">$ </td> <td style="padding-top: 0.35pt; text-align: right; width: 14%;">411,565</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1pt solid; padding-top: 0in; padding-left: 2.25pt; text-align: left;">Accrued liabilities</td> <td colspan="2" style="border-bottom: black 1pt solid; padding-top: 0.65pt; text-align: right;">56,700</td> <td colspan="2" style="border-bottom: black 1pt solid; padding-top: 0.65pt; text-align: right;">147,200</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1.5pt solid; padding-top: 0.25pt; padding-left: 3.55pt; text-align: left;">Totals</td> <td style="border-bottom: black 1.5pt solid; padding-top: 0.25pt; text-align: right;">$</td> <td style="border-bottom: black 1.5pt solid; padding-top: 0.25pt; text-align: right;">878,180</td> <td style="border-bottom: black 1.5pt solid; padding-top: 0.25pt; text-align: right;">$ </td> <td style="border-bottom: black 1.5pt solid; padding-top: 0.25pt; text-align: right;">558,765</td> </tr></tbody></table>

<table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse;"> <tbody><tr style="vertical-align: top;"><td style="border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; text-align: left;"> </td> <td style="border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid;"> </td> <td style="border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid;">March 31, 2026</td> <td style="border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid;"> </td> <td style="border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid;">March 31, 2025</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0in; padding-left: 2.25pt; text-align: left; width: 62%;">Trade and other payables</td> <td style="padding-top: 0.35pt; text-align: right; width: 5%;">$</td> <td style="padding-top: 0.35pt; text-align: right; width: 14%;"> 821,480</td> <td style="padding-top: 0.35pt; text-align: right; width: 5%;">$ </td> <td style="padding-top: 0.35pt; text-align: right; width: 14%;">411,565</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1pt solid; padding-top: 0in; padding-left: 2.25pt; text-align: left;">Accrued liabilities</td> <td colspan="2" style="border-bottom: black 1pt solid; padding-top: 0.65pt; text-align: right;">56,700</td> <td colspan="2" style="border-bottom: black 1pt solid; padding-top: 0.65pt; text-align: right;">147,200</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1.5pt solid; padding-top: 0.25pt; padding-left: 3.55pt; text-align: left;">Totals</td> <td style="border-bottom: black 1.5pt solid; padding-top: 0.25pt; text-align: right;">$</td> <td style="border-bottom: black 1.5pt solid; padding-top: 0.25pt; text-align: right;">878,180</td> <td style="border-bottom: black 1.5pt solid; padding-top: 0.25pt; text-align: right;">$ </td> <td style="border-bottom: black 1.5pt solid; padding-top: 0.25pt; text-align: right;">558,765</td> </tr></tbody></table>

821480

411565

56700

147200

878180

558765

Remuneration of directors and key management personnel of the Company for the years ended March 31, 2026, 2025, and 2024 were as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse;"> <tbody><tr style="vertical-align: top;"><td style="border-top: Black 1.5pt solid; text-align: left;"> </td> <td colspan="6" style="border-top: Black 1.5pt solid; text-align: center;">For the years ended March 31,</td> </tr><tr style="vertical-align: top;"><td style="border-bottom: Black 1pt solid; text-align: left;"> </td> <td style="padding-top: 0in; border-bottom: Black 1pt solid; text-align: right; padding-bottom: 0in;"> </td> <td style="border-bottom: Black 1pt solid; text-align: right;">2026</td> <td style="border-bottom: Black 1pt solid; text-align: right;"> </td> <td style="border-bottom: Black 1pt solid; text-align: right;">2025</td> <td style="border-bottom: Black 1pt solid; text-align: right;"> </td> <td style="border-bottom: Black 1pt solid; padding-top: 0pt; padding-right: 5.4pt; text-align: right;">2024</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.25pt; padding-left: 3.55pt; text-align: left; width: 46%;">Consulting fees charged by directors of the Company</td> <td style="padding-bottom: 0in; padding-top: 0in; text-align: right; width: 3%;">$</td> <td style="padding-top: 0.25pt; text-align: right; width: 15%;">1,000</td> <td style="padding-top: 0.25pt; text-align: right; width: 3%;">$</td> <td style="padding-top: 0.25pt; text-align: right; width: 15%;">8,900</td> <td style="padding-top: 0.25pt; text-align: right; width: 3%;">$ </td> <td style="padding-right: 5.4pt; padding-top: 0.25pt; text-align: right; width: 15%;">10,000</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.75pt; padding-left: 3.55pt; text-align: left;">Exploration consulting fees charged by directors</td> <td style="padding-bottom: 0in; padding-top: 0in; padding-left: 17.3pt; text-align: right;">$</td> <td style="padding-top: 0.75pt; padding-left: 17.3pt; text-align: right;">-</td> <td style="padding-top: 0.75pt; text-align: right;">$</td> <td style="padding-top: 0.75pt; text-align: right;"> 3,200</td> <td style="padding-top: 0.75pt; text-align: right;">$ </td> <td style="padding-right: 5.4pt; padding-top: 0.75pt; text-align: right;">16,000</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.7pt; padding-left: 3.55pt; text-align: left;">Salaries, fees and benefits</td> <td style="padding-bottom: 0in; padding-top: 0in; text-align: right;">$</td> <td style="padding-top: 0.7pt; text-align: right;">307,929</td> <td style="padding-top: 0.7pt; text-align: right;">$</td> <td style="padding-top: 0.7pt; text-align: right;">280,050</td> <td style="padding-top: 0.7pt; text-align: right;">$ </td> <td style="padding-right: 5.4pt; padding-top: 0.7pt; text-align: right;">234,800</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1.5pt solid; padding-top: 0.65pt; padding-left: 3.55pt; text-align: left;">Share-based payments</td> <td style="padding-bottom: 0in; border-bottom: black 1.5pt solid; padding-top: 0in; text-align: right;">$</td> <td style="border-bottom: black 1.5pt solid; padding-top: 0.65pt; text-align: right;"> 74,700</td> <td style="border-bottom: black 1.5pt solid; padding-top: 0.65pt; text-align: right;">$</td> <td style="border-bottom: black 1.5pt solid; padding-top: 0.65pt; text-align: right;">114,900</td> <td style="border-bottom: black 1.5pt solid; padding-top: 0.65pt; text-align: right;">$ </td> <td style="padding-right: 5.4pt; border-bottom: black 1.5pt solid; padding-top: 0.65pt; text-align: right;">1,455,180</td> </tr></tbody></table>

1000

8900

10000

3200

16000

-307929

-280050

-234800

74700

114900

1455180

Related party balances as at March 31, 2026 and 2025 were as follows: <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse;"> <tbody><tr style="vertical-align: top;"><td style="border-bottom: Black 1.5pt solid; padding-bottom: 1.5pt; border-top: Black 1.5pt solid; text-align: left;"> </td> <td colspan="2" style="border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; padding-right: 4.65pt;">March 31, 2026</td> <td colspan="2" style="border-top: Black 1.5pt solid; border-bottom: Black 1.5pt solid; padding-right: 0pt;">March 31, 2025</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.55pt; padding-left: 3.45pt; text-align: left; width: 58%;">Amounts due to Directors and Officers of the Company</td> <td style="padding-top: 0.55pt; text-align: left; width: 3%;">$</td> <td style="padding-right: 4.65pt; padding-top: 0in; text-align: right; width: 18%;"> 20,390</td> <td style="padding-top: 0.55pt; text-align: left; width: 3%;">$ </td> <td style="padding-top: 0in; text-align: right; width: 18%;">26,501</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.7pt; padding-left: 3.45pt; text-align: left;">Amounts due to companies controlled by directors and officers</td> <td style="padding-top: 0.7pt; text-align: left;"> </td> <td style="padding-right: 4.65pt; padding-top: 0in; text-align: right;">217,145</td> <td style="padding-top: 0.7pt; text-align: left;"> </td> <td style="padding-top: 0in; text-align: right;">116,388</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1pt solid; padding-top: 0.75pt; padding-left: 3.45pt; text-align: left;">Amounts due from companies controlled by directors and officers</td> <td style="border-bottom: black 1pt solid; padding-top: 0.75pt; text-align: left;"> </td> <td style="padding-right: 4.65pt; border-bottom: black 1pt solid; padding-top: 0in; text-align: right;">18,785</td> <td style="border-bottom: black 1pt solid; padding-top: 0.75pt; text-align: left;"> </td> <td style="border-bottom: black 1pt solid; padding-top: 0in; text-align: right;">-</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1.5pt solid; padding-top: 0.55pt; padding-left: 3.45pt; text-align: left;">Total</td> <td style="border-bottom: black 1.5pt solid; padding-top: 0.55pt; text-align: left;">$ </td> <td style="padding-right: 4.65pt; border-bottom: black 1.5pt solid; padding-top: 0in; text-align: right;">256,320</td> <td style="border-bottom: black 1.5pt solid; padding-top: 0.55pt; text-align: left;">$</td> <td style="border-bottom: black 1.5pt solid; padding-top: 0in; text-align: right;"> 142,889</td> </tr></tbody></table>

20390

26501

217145

116388

18785

256320

142889

84335286

61335286

2500000

37500

4500000

3000000

0.05

150000

15000

9000

3000000 0.05

150000

0.25

0.0253

1.9061

6500000 0.05

325000

0.25

0.0252

1.8844

1250000

2250000

1739130 0.23

400000

86957

24000

8750000 0.08

700000

131250

42000

1500000

975000

83333

54166

1300000

884000 1

550000

324500 1338461 0.65 573770 0.61 1220000 91783

73200

175000

82250

875000

406875 675000 0.4

270000

1855554 0.45

835000

0.65

P2Y

0.0439

0.0457

1.1696

92778

48000

0.10 P10Y 0.05 0.02

The continuity for stock options for the years ended March 31, 2026, 2025 and 2024 is as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse;"> <tbody><tr style="vertical-align: top;"><td style="border-bottom: Black 1.5pt solid; padding-bottom: 1.5pt; border-top: Black 2.5pt solid; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; border-top: Black 2.5pt solid; padding-top: 0in; padding-right: 3.55pt; padding-left: 3.55pt;"> Number of Stock Options</td> <td style="border-top: Black 2.5pt solid; border-bottom: Black 1.5pt solid; text-align: right; padding-right: 3.55pt; padding-left: 3.55pt; vertical-align: bottom;">Weighted Average Exercise Price </td> </tr><tr style="vertical-align: top;"> <td style="padding-left: 3.55pt; text-align: left;">Balance, fully vested and exercisable at March 31, 2023</td> <td style="padding-top: 0in; text-align: right; padding-right: 3.55pt; padding-left: 3.55pt;">1,560,526</td> <td style="text-align: right;">$1.04</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1pt solid; padding-top: 0.05pt; padding-left: 3.55pt; text-align: left;">Granted</td> <td style="padding-right: 3.55pt; border-bottom: black 1pt solid; padding-top: 0in; text-align: right; padding-left: 3.55pt;">2,000,000</td> <td style="border-bottom: black 1pt solid; padding-top: 0.05pt; text-align: right;">$0.59</td> </tr><tr style="vertical-align: top;"> <td style="padding-left: 3.55pt; text-align: left;">Balance, fully vested and exercisable at March 31, 2024</td> <td style="padding-top: 0in; text-align: right; padding-right: 3.55pt; padding-left: 3.55pt;">3,560,526</td> <td style="text-align: right;">$0.79</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1pt solid; padding-left: 3.55pt; text-align: left;">Granted</td> <td style="padding-top: 0in; border-bottom: black 1pt solid; text-align: right; padding-right: 3.55pt; padding-left: 3.55pt;">1,200,000</td> <td style="border-bottom: black 1pt solid; text-align: right;">$0.18</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.45pt; padding-left: 3.55pt; text-align: left;">Balance, fully vested and exercisable at March 31, 2025</td> <td style="padding-right: 3.55pt; padding-top: 0in; text-align: right; padding-left: 3.55pt;">4,760,526</td> <td style="padding-top: 0.45pt; text-align: right;">$0.63</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1pt solid; padding-top: 0.05pt; padding-left: 3.55pt; text-align: left;">Expired unexercised</td> <td style="padding-right: 3.55pt; border-bottom: black 1pt solid; padding-top: 0in; text-align: right; padding-left: 3.55pt;">(1,036,842)</td> <td style="border-bottom: black 1pt solid; padding-top: 0.05pt; text-align: right;">$0.97</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: Black 2.5pt solid; padding-top: 0.45pt; padding-left: 3.55pt; text-align: left; width: 64%;">Balance, fully vested and exercisable at March 31, 2026</td> <td style="border-bottom: Black 2.5pt solid; padding-top: 0in; text-align: right; padding-right: 3.55pt; padding-left: 3.55pt; width: 20%;">3,723,684</td> <td style="border-bottom: Black 2.5pt solid; padding-top: 0in; text-align: right; padding-right: 0pt; padding-left: 0pt; width: 16%;">$0.54</td> </tr></tbody></table>

1560526

1.04

2000000

0.59

3560526

0.79

1200000

0.18

4760526

0.63

1036842

0.97

3723684

0.54

As at March 31, 2026, the following stock options were outstanding:<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse;"> <tbody><tr style="vertical-align: top;"><td style="border-top: Black 2.5pt solid; border-bottom: Black 1.5pt solid; vertical-align: middle; padding-top: 0in; padding-right: 0in; padding-left: 0in; text-align: right; text-indent: 0in;">Expiry Date</td> <td style="border-bottom: Black 1.5pt solid; border-top: Black 2.5pt solid; padding: 0in 0in 1.5pt 5.4pt; vertical-align: middle; text-align: left;"> </td> <td style="border-bottom: Black 1.5pt solid; border-top: Black 2.5pt solid; padding: 0in 0in 1.5pt; vertical-align: middle; text-align: right; text-indent: 0in;">Number Outstanding</td> <td style="border-top: Black 2.5pt solid; border-bottom: Black 1.5pt solid; vertical-align: middle; padding-top: 0in; padding-right: 0in; padding-left: 0in; text-align: right; text-indent: 0in;">Number Exercisable </td> <td style="border-top: Black 2.5pt solid; border-bottom: Black 1.5pt solid; padding-top: 0in; padding-right: 0in; padding-left: 0in; vertical-align: middle; text-align: right; text-indent: 0in;">Weighted average exercise price</td> <td style="border-top: Black 2.5pt solid; border-bottom: Black 1.5pt solid; vertical-align: middle; padding-top: 0in; padding-right: 0in; padding-left: 0in; text-align: right; text-indent: 0in;">Average Remaining Contractual Life</td> </tr><tr style="vertical-align: top;"> <td style="padding: 0in; width: 14%; text-align: right; text-indent: 0in;">April 26, 2026 </td> <td style="padding: 0in 0in 0in 5.4pt; width: 5%; text-align: left;">(1)</td> <td style="padding: 0in; width: 21%; text-align: right; text-indent: 0in;">1,200,000</td> <td style="padding: 0in; width: 25%; text-align: right; text-indent: 0in;">1,200,000</td> <td style="padding: 0in; width: 15%; text-align: right; text-indent: 0in;">$0.18</td> <td style="padding: 0in; width: 20%; text-align: right; text-indent: 0in;">0.07</td> </tr><tr style="vertical-align: top;"> <td style="padding: 0in; text-align: right; text-indent: 0in;">May 14, 2026 </td> <td style="padding: 0in 0in 0in 5.4pt; text-align: left;">(1)</td> <td style="padding: 0in; text-align: right; text-indent: 0in;">223,684</td> <td style="padding: 0in; text-align: right; text-indent: 0in;">223,684</td> <td style="padding: 0in; text-align: right; text-indent: 0in;">$1.33</td> <td style="padding: 0in; text-align: right; text-indent: 0in;">0.12</td> </tr><tr style="vertical-align: top;"> <td style="padding: 0in; text-align: right; text-indent: 0in;">July 13, 2026 </td> <td style="padding: 0in 0in 0in 5.4pt; text-align: left;">(1)</td> <td style="padding: 0in; text-align: right; text-indent: 0in;">236,842</td> <td style="padding: 0in; text-align: right; text-indent: 0in;">236,842</td> <td style="padding: 0in; text-align: right; text-indent: 0in;">$0.95</td> <td style="padding: 0in; text-align: right; text-indent: 0in;">0.28</td> </tr><tr style="vertical-align: top;"> <td style="padding: 0in; text-align: right; text-indent: 0in;">January 6, 2027</td> <td style="padding: 0in 0in 0in 5.4pt; text-align: left;"> </td> <td style="padding: 0in; text-align: right; text-indent: 0in;">63,158</td> <td style="padding: 0in; text-align: right; text-indent: 0in;">63,158</td> <td style="padding: 0in; text-align: right; text-indent: 0in;">$1.33</td> <td style="padding: 0in; text-align: right; text-indent: 0in;">0.77</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1pt solid; padding: 0in; text-align: right; text-indent: 0in;">June 4, 2028</td> <td style="border-bottom: black 1pt solid; padding: 0in 0in 0in 5.4pt; text-align: left;"> </td> <td style="padding: 0in; border-bottom: black 1pt solid; text-align: right; text-indent: 0in;">2,000,000</td> <td style="padding: 0in; border-bottom: black 1pt solid; text-align: right; text-indent: 0in;">2,000,000</td> <td style="border-bottom: black 1pt solid; padding: 0in; text-align: right; text-indent: 0in;">$0.59</td> <td style="padding: 0in; border-bottom: black 1pt solid; text-align: right; text-indent: 0in;">2.18</td> </tr><tr style="vertical-align: top;"> <td colspan="2" style="border-bottom: Black 2.5pt solid; padding: 0in; text-align: right; text-indent: 0in;"> </td> <td style="border-bottom: Black 2.5pt solid; padding: 0in; text-align: right; text-indent: 0in;">3,723,684</td> <td style="border-bottom: Black 2.5pt solid; padding: 0in; text-align: right; text-indent: 0in;">3,723,684</td> <td style="border-bottom: Black 2.5pt solid; padding: 0in; text-align: right; text-indent: 0in;">$0.54</td> <td style="border-bottom: Black 2.5pt solid; padding: 0in; text-align: right; text-indent: 0in;">1.24</td> </tr></tbody></table>

1200000

0.18

P0Y25D

223684

1.33

P0Y1M13D

236842

0.95

P0Y3M10D

63158

1.33

P0Y9M7D

2000000

0.59

P2Y2M4D

3723684

0.54

P1Y2M26D

The continuity for share purchase warrants for the years ended March 31, 2026, 2025 and 2024 is as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse;"> <tbody><tr style="vertical-align: top;"><td style="padding-top: 0in; border-top: Black 1.5pt solid; border-bottom: Black 1pt solid; text-align: left; padding-left: 3.55pt;"> </td> <td style="padding-top: 0in; border-top: Black 1.5pt solid; border-bottom: Black 1pt solid; vertical-align: middle; text-align: right; padding-right: 3.55pt; padding-left: 3.55pt;">Number of Warrants</td> <td style="border-top: Black 1.5pt solid; border-bottom: Black 1pt solid; padding-right: 4.25pt; text-align: right;">Weighted Average Exercise Price</td> </tr><tr style="vertical-align: top;"> <td style="width: 64%; padding-top: 0in; padding-left: 3.55pt; text-align: left;">Balance, March 31, 2023</td> <td style="padding-left: 3.55pt; width: 20%; padding-top: 0in; padding-right: 3.55pt; text-align: right;">2,349,429</td> <td style="width: 16%; padding-top: 0.5pt; padding-right: 3.75pt; text-align: right;">$1.69</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0in; padding-left: 3.55pt; text-align: left;">Issued</td> <td style="padding-left: 3.55pt; padding-top: 0in; padding-right: 3.55pt; text-align: right;">927,778</td> <td style="padding-top: 0.75pt; padding-right: 3.75pt; text-align: right;">$0.65</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1pt solid; padding-top: 0in; padding-left: 3.55pt; text-align: left;">Expired</td> <td style="padding-left: 3.55pt; border-bottom: black 1pt solid; padding-top: 0in; padding-right: 3.55pt; text-align: right;">(1,895,670)</td> <td style="border-bottom: black 1pt solid; padding-top: 0.75pt; padding-right: 3.75pt; text-align: right;">$1.69</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0in; padding-left: 3.55pt; text-align: left;">Balance, March 31, 2024</td> <td style="padding-left: 3.55pt; padding-top: 0in; padding-right: 3.55pt; text-align: right;">1,381,537</td> <td style="padding-top: 0.5pt; padding-right: 3.75pt; text-align: right;">$1.00</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1pt solid; padding-top: 0in; padding-left: 3.55pt; text-align: left;">Expired</td> <td style="padding-left: 3.55pt; border-bottom: black 1pt solid; padding-top: 0in; padding-right: 3.55pt; text-align: right;">(453,759)</td> <td style="border-bottom: black 1pt solid; padding-top: 0.75pt; padding-right: 3.75pt; text-align: right;">$1.71</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0in; padding-left: 3.55pt; text-align: left;">Balance, March 31, 2025</td> <td style="padding-left: 3.55pt; padding-top: 0in; padding-right: 3.55pt; text-align: right;">927,778</td> <td style="padding-top: 0.55pt; padding-right: 3.75pt; text-align: right;">$0.65</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0in; padding-left: 3.55pt; text-align: left;">Issued</td> <td style="padding-left: 3.55pt; padding-top: 0in; padding-right: 3.55pt; text-align: right;">9,500,000</td> <td style="padding-top: 0.75pt; padding-right: 3.75pt; text-align: right;">$0.25</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1pt solid; padding-top: 0in; padding-left: 3.55pt; text-align: left;">Expired</td> <td style="padding-left: 3.55pt; border-bottom: black 1pt solid; padding-top: 0in; padding-right: 3.55pt; text-align: right;">(927,778)</td> <td style="border-bottom: black 1pt solid; padding-top: 0.7pt; padding-right: 3.75pt; text-align: right;">$0.65</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1.5pt solid; padding-top: 0in; padding-left: 3.55pt; text-align: left;">Balance, March 31, 2026</td> <td style="padding-left: 3.55pt; border-bottom: black 1.5pt solid; padding-top: 0in; padding-right: 3.55pt; text-align: right;">9,500,000</td> <td style="border-bottom: black 1.5pt solid; padding-top: 0.5pt; padding-right: 3.75pt; text-align: right;">$0.25</td> </tr></tbody></table>

2349429

1.69

927778

0.65

1895670

1.69

1381537

453759

1.71

927778

0.65

9500000

0.25

927778

0.65

9500000

0.25

As at March 31, 2026, the Company had the following warrants outstanding: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse;"> <tbody><tr style="vertical-align: top;"><td style="padding: 0in; text-align: center; border-top: black 1.5pt solid; border-bottom: black 1pt solid; text-indent: 0in;"> Expiry date</td> <td style="text-align: center; border-top: black 1.5pt solid; border-bottom: black 1pt solid;"> Exercise price </td> <td style="border-top: black 1.5pt solid; border-bottom: black 1pt solid;">Number Outstanding and Exercisable</td> <td style="border-top: black 1.5pt solid; padding-right: 10pt; border-bottom: black 1pt solid;">Average Remaining Contractual Life</td> </tr><tr style="vertical-align: top;"> <td style="padding: 0in; text-align: center; width: 27%; text-indent: 0in;">January 21, 2027</td> <td style="padding-top: 0pt; padding-left: 0pt; text-align: center; width: 21%;">$0.25</td> <td style="padding-top: 0.3pt; text-align: right; width: 26%;">3,000,000</td> <td style="padding-right: 10pt; padding-top: 0.3pt; text-align: right; width: 26%;">0.81</td> </tr><tr style="vertical-align: top;"> <td style="padding: 0in; border-bottom: black 1pt solid; text-align: center; text-indent: 0in;">February 2, 2027</td> <td style="border-bottom: black 1pt solid; padding-top: 0.65pt; text-align: center;">$0.25</td> <td style="border-bottom: black 1pt solid; padding-top: 0.65pt; text-align: right;">6,500,000</td> <td style="border-bottom: black 1pt solid; padding-right: 10pt; padding-top: 0.65pt; text-align: right;">0.84</td> </tr><tr style="vertical-align: top;"> <td style="padding: 0in; border-bottom: black 1.5pt solid; text-align: center; text-indent: 0in;"> </td> <td style="border-bottom: black 1.5pt solid; text-align: center;">$0.25</td> <td style="border-bottom: black 1.5pt solid; text-align: right;">9,500,000</td> <td style="border-bottom: black 1.5pt solid; padding-right: 10pt; text-align: right;">0.83</td> </tr></tbody></table>

0.25

3000000

P0Y9M21D

0.25

6500000

P0Y10M2D

0.25

9500000

P0Y9M29D

0.10

4500000

90000

1425000

731375 The continuity for restricted share units for the years ended March 31, 2026, 2025 and 2024 is as follows: <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse;"> <tbody><tr style="vertical-align: bottom;"><td style="border-top: Black 2.5pt solid; background-color: White; font-weight: bold; border-bottom: Black 1.5pt solid;"> </td> <td style="padding-right: 2.25pt; border-top: Black 2.5pt solid; border-bottom: Black 1.5pt solid; background-color: White; font-weight: bold; text-align: right;">RSU’s outstanding</td> </tr><tr style="vertical-align: bottom;"> <td style="background-color: White;">Balance, March 31, 2023</td> <td style="padding-right: 2.25pt; text-align: right; background-color: White;">-</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="background-color: White; width: 80%;">Granted</td> <td style="padding-right: 2.25pt; background-color: White; width: 20%; text-align: right;">1,425,000</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="border-bottom: Black 1.5pt solid; background-color: White; text-align: left;">Vested and issued</td> <td style="padding-right: 2.25pt; border-bottom: Black 1.5pt solid; background-color: White; text-align: right;">(1,425,000)</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="background-color: White;">Balance, March 31, 2024 and March 31, 2025</td> <td style="padding-right: 2.25pt; background-color: White; text-align: right;">-</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="background-color: White;">Granted</td> <td style="padding-right: 2.25pt; background-color: White; text-align: right;">4,500,000</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="background-color: White; text-align: left;">Vested and issued</td> <td style="padding-right: 2.25pt; background-color: White; text-align: right;">(4,500,000)</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="border-top: Black 1.5pt solid; border-bottom: Black 2.5pt solid; background-color: White;">Balance, March 31, 2026</td> <td style="padding-right: 2.25pt; border-top: Black 1.5pt solid; border-bottom: Black 2.5pt solid; background-color: White; text-align: right;">-</td> </tr></tbody></table>

1425000

4500000

90000

1200000

0.18

131314

0.0433

1.2906

550000

324500

2000000

0.59

1055070

0.0352

1.5661

The following provides the valuation method of the Company’s financial instruments as at March 31, 2026 and March 31, 2025: <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse;"> <tbody><tr style="vertical-align: top;"><td style="border-top: Black 1.5pt solid; padding: 0in 0in 0in 3.55pt; text-align: left; text-indent: 0in;"> </td> <td style="border-top: Black 1.5pt solid; padding: 0in 0in 0in 34.3pt; text-indent: 0in;"> </td> <td style="border-top: Black 1.5pt solid; padding: 0in; text-align: center;"> </td> <td colspan="3" style="border-top: Black 1.5pt solid; padding: 0in 4.5pt 3pt 0in; text-align: center;">As at March 31,</td> </tr><tr style="vertical-align: top;"><td style="border-bottom: Black 1pt solid; padding: 0in 0in 0in 3.55pt; text-align: left; text-indent: 0in;"> </td> <td style="border-bottom: Black 1pt solid; padding: 0in 0in 0in 34.3pt; text-indent: 0in;"> Level</td> <td style="border-bottom: Black 1pt solid; padding: 0in; text-align: center;"> </td> <td style="border-bottom: Black 1pt solid; padding: 0in 4.5pt 0in 0in; text-indent: 0in;"> 2026</td> <td colspan="2" style="border-bottom: Black 1pt solid; padding: 0in 6.3pt 0in 4.8pt; text-align: left; text-indent: 0in;"> 2025 </td> </tr><tr style="vertical-align: top;"> <td style="padding: 0in 0in 3pt 3.55pt; text-align: left; text-indent: 0in; width: 38%;">Cash</td> <td style="padding: 0in 0in 3pt 34.3pt; text-indent: 0in; text-align: center; width: 25%;">1</td> <td style="padding: 0in 0in 3pt; text-align: center; width: 8%;">$</td> <td style="padding: 0in 4.5pt 3pt 0in; text-align: right; text-indent: 0in; width: 11%;">330,676</td> <td style="padding: 0in 0in 3pt 4.8pt; text-align: left; text-indent: 0in; width: 11%;">$</td> <td style="padding: 0in 6.3pt 3pt 4.75pt; text-align: right; text-indent: 0in; width: 7%;">951,807</td> </tr><tr style="vertical-align: top;"> <td style="padding: 0in 0in 3pt 3.55pt; text-align: left; text-indent: 0in;">Reclamation deposits</td> <td style="padding: 0in 0in 3pt 34.3pt; text-align: center; text-indent: 0in;">1</td> <td style="padding: 0in 0in 3pt; text-align: center;">$</td> <td style="padding: 0in 4.5pt 3pt 0in; text-align: right; text-indent: 0in;">11,000</td> <td style="padding: 0in 0in 3pt 4.8pt; text-align: left; text-indent: 0in;">$</td> <td style="padding: 0in 6.3pt 3pt 4.75pt; text-align: right; text-indent: 0in;">11,000</td> </tr><tr style="vertical-align: top;"> <td style="padding: 0in 0in 3pt 3.55pt; text-align: left; text-indent: 0in;">Marketable securities</td> <td style="padding: 0in 0in 3pt 34.3pt; text-align: center; text-indent: 0in;">1</td> <td style="padding: 0in 0in 3pt; text-align: center;">$</td> <td style="padding: 0in 4.5pt 3pt 0in; text-align: right; text-indent: 0in;">-</td> <td style="padding: 0in 0in 3pt 4.8pt; text-align: left; text-indent: 0in;">$</td> <td style="padding: 0in 6.3pt 3pt 4.75pt; text-align: right; text-indent: 0in;">123,912</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1.5pt solid; padding: 0in 0in 0in 3.55pt; text-align: left; text-indent: 0in;">Financial liabilities</td> <td style="border-bottom: black 1.5pt solid; padding: 0in 0in 0in 34.3pt; text-align: center; text-indent: 0in;">1</td> <td style="border-bottom: black 1.5pt solid; padding: 0in; text-align: center;">$</td> <td style="border-bottom: black 1.5pt solid; padding: 0in 4.5pt 0in 0in; text-align: right; text-indent: 0in;">1,115,715</td> <td style="border-bottom: black 1.5pt solid; padding: 0in 0in 0in 4.8pt; text-align: left; text-indent: 0in;">$</td> <td style="border-bottom: black 1.5pt solid; padding: 0in 6.3pt 0in 4.75pt; text-align: right; text-indent: 0in;">701,654</td> </tr></tbody></table>

330676

951807

11000

123912

1115715

701654

330676

1115715

The reconciliation of the expected income tax recovery is as follows: <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; background-color: White; text-align: left;"> </td> <td colspan="2" style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; background-color: White; text-align: center;">2026</td> <td colspan="2" style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; background-color: White; text-align: center;">2025</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="background-color: White; width: 58%; text-align: left; padding-left: 3.45pt;">Net loss for the year</td> <td style="padding-right: 3.5pt; background-color: White; width: 7%; text-align: left; padding-left: 3.5pt;">$</td> <td style="padding-right: 3.5pt; background-color: White; width: 14%; text-align: right; padding-left: 3.5pt;">2,683,523</td> <td style="background-color: White; width: 7%; text-align: center;">$</td> <td style="padding-right: 3.5pt; background-color: White; width: 14%; text-align: right; padding-left: 3.5pt;">3,313,365</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="border-bottom: Black 1pt solid; background-color: White; text-align: left; padding-bottom: 1.5pt; padding-left: 3.45pt;">Statutory tax rate</td> <td style="border-bottom: Black 1pt solid; padding-right: 3.5pt; background-color: White; text-align: left; padding-left: 3.5pt;"> </td> <td style="border-bottom: Black 1pt solid; padding-right: 3.5pt; background-color: White; text-align: right; padding-left: 3.5pt;">27%</td> <td style="border-bottom: Black 1pt solid; background-color: White; text-align: center;"> </td> <td style="border-bottom: Black 1pt solid; padding-right: 3.5pt; background-color: White; text-align: right; padding-left: 3.5pt;">27%</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="background-color: White; text-align: left; padding-left: 3.45pt;">Expected income tax recovery</td> <td style="padding-right: 3.5pt; background-color: White; text-align: left; padding-left: 3.5pt;"> </td> <td style="padding-right: 3.5pt; background-color: White; text-align: right; padding-left: 3.5pt;">724,000</td> <td style="background-color: White; text-align: center;"> </td> <td style="padding-right: 3.5pt; background-color: White; text-align: right; padding-left: 3.5pt;">895,000</td> </tr><tr style="vertical-align: bottom; background-color: White;"><td style="background-color: White; text-align: left; padding-left: 3.45pt;">Decrease to income tax recovery due to:</td> <td style="padding-right: 3.5pt; background-color: White; text-align: left; padding-left: 3.5pt;"> </td> <td style="padding-right: 3.5pt; background-color: White; text-align: right; padding-left: 3.5pt;"> </td> <td style="background-color: White; text-align: center;"> </td> <td style="padding-right: 3.5pt; background-color: White; text-align: right; padding-left: 3.5pt;"> </td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="background-color: White; text-align: left; padding-left: 10.05pt;">Non-deductible permanent differences</td> <td style="padding-right: 3.5pt; background-color: White; text-align: left; padding-left: 3.5pt;"> </td> <td style="padding-right: 3.5pt; background-color: White; text-align: right; padding-left: 3.5pt;">(355,000)</td> <td style="background-color: White; text-align: center;"> </td> <td style="padding-right: 3.5pt; background-color: White; text-align: right; padding-left: 3.5pt;">(396,000)</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="background-color: White; text-align: left; padding-bottom: 1.5pt; padding-left: 10.05pt;">Change in tax assets not recognized</td> <td style="padding-right: 3.5pt; background-color: White; text-align: left; padding-left: 3.5pt;"> </td> <td style="padding-right: 3.5pt; background-color: White; text-align: right; padding-left: 3.5pt;">(369,000)</td> <td style="background-color: White; text-align: center;"> </td> <td style="padding-right: 3.5pt; background-color: White; text-align: right; padding-left: 3.5pt;">(499,000)</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="border-top: Black 1pt solid; border-bottom: Black 2.5pt solid; background-color: White; text-align: left; padding-bottom: 1.5pt; padding-left: 3.45pt;">Income tax recovery</td> <td style="padding-right: 3.5pt; border-top: Black 1pt solid; border-bottom: Black 2.5pt solid; background-color: White; text-align: left; padding-left: 3.5pt;">$</td> <td style="padding-right: 3.5pt; border-top: Black 1pt solid; border-bottom: Black 2.5pt solid; background-color: White; text-align: right; padding-left: 3.5pt;">-</td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.5pt solid; background-color: White; text-align: center;">$</td> <td style="padding-right: 3.5pt; border-top: Black 1pt solid; border-bottom: Black 2.5pt solid; background-color: White; text-align: right; padding-left: 3.5pt;">-</td> </tr></tbody></table>

2683523

3313365

0.27

-724000 -895000 355000 396000 369000 499000

The significant components of the Company’s deferred tax assets are as follows: <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: bottom;"><td style="border-top: Black 1.5pt solid; border-bottom: Black 1pt solid; background-color: White; text-align: left;"> </td> <td colspan="2" style="padding-right: 3.5pt; border-top: Black 1.5pt solid; border-bottom: Black 1pt solid; background-color: White; text-align: right;">March 31, 2026</td> <td colspan="2" style="padding-right: 3.5pt; border-top: Black 1.5pt solid; border-bottom: Black 1pt solid; background-color: White; text-align: right;">March 31, 2025</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="background-color: White; width: 58%; text-align: left; padding-left: 3.45pt;">Mineral property interests</td> <td style="padding-right: 3.5pt; background-color: White; width: 7%; text-align: left; padding-left: 3.5pt;"> </td> <td style="padding-right: 3.5pt; background-color: White; width: 14%; text-align: right; padding-left: 3.5pt;">3,124,000</td> <td style="background-color: White; width: 7%; text-align: center;"> </td> <td style="padding-right: 3.5pt; background-color: White; width: 14%; text-align: right; padding-left: 3.5pt;">2,878,000</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="background-color: White; text-align: left; padding-left: 3.45pt;">Equipment</td> <td style="padding-right: 3.5pt; background-color: White; text-align: left; padding-left: 3.5pt;"> </td> <td style="padding-right: 3.5pt; background-color: White; text-align: right; padding-left: 3.5pt;">98,000</td> <td style="background-color: White; text-align: center;"> </td> <td style="padding-right: 3.5pt; background-color: White; text-align: right; padding-left: 3.5pt;">98,000</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="background-color: White; text-align: left; padding-left: 3.45pt;">Operating losses carried forward</td> <td style="padding-right: 3.5pt; background-color: White; text-align: left; padding-left: 3.5pt;"> </td> <td style="padding-right: 3.5pt; background-color: White; text-align: right; padding-left: 3.5pt;">5,172,000</td> <td style="background-color: White; text-align: center;"> </td> <td style="padding-right: 3.5pt; background-color: White; text-align: right; padding-left: 3.5pt;">4,935,000</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="border-bottom: Black 1pt solid; background-color: White; text-align: left; padding-left: 3.45pt;">Capital losses and other</td> <td style="padding-right: 3.5pt; border-bottom: Black 1pt solid; background-color: White; text-align: left; padding-left: 3.5pt;"> </td> <td style="padding-right: 3.5pt; border-bottom: Black 1pt solid; background-color: White; text-align: right; padding-left: 3.5pt;">1,048,000</td> <td style="border-bottom: Black 1pt solid; background-color: White; text-align: center;"> </td> <td style="padding-right: 3.5pt; border-bottom: Black 1pt solid; background-color: White; text-align: right; padding-left: 3.5pt;">1,162,000</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="background-color: White; text-align: left; padding-left: 3.45pt;">Total deferred tax assets</td> <td style="padding-right: 3.5pt; background-color: White; text-align: left; padding-left: 3.5pt;"> </td> <td style="padding-right: 3.5pt; background-color: White; text-align: right; padding-left: 3.5pt;">9,442,000</td> <td style="background-color: White; text-align: center;"> </td> <td style="padding-right: 3.5pt; background-color: White; text-align: right; padding-left: 3.5pt;">9,073,000</td> </tr><tr style="vertical-align: bottom; background-color: White;"> <td style="background-color: White; text-align: left; padding-left: 3.45pt;">Deferred tax assets not recognized</td> <td style="padding-right: 3.5pt; background-color: White; text-align: left; padding-left: 3.5pt;"> </td> <td style="padding-right: 3.5pt; background-color: White; text-align: right; padding-left: 3.5pt;">(9,442,000)</td> <td style="background-color: White; text-align: center;"> </td> <td style="padding-right: 3.5pt; background-color: White; text-align: right; padding-left: 3.5pt;">(9,073,000)</td> </tr><tr style="vertical-align: bottom; background-color: rgb(204,238,255);"> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt solid; background-color: White; text-align: left;"> </td> <td style="padding-right: 3.5pt; border-top: Black 1pt solid; border-bottom: Black 2.25pt solid; background-color: White; text-align: left; padding-left: 3.5pt;">$</td> <td style="padding-right: 3.5pt; border-top: Black 1pt solid; border-bottom: Black 2.25pt solid; background-color: White; text-align: right; padding-left: 3.5pt;">-</td> <td style="border-top: Black 1pt solid; border-bottom: Black 2.25pt solid; background-color: White; text-align: center;">$</td> <td style="padding-right: 3.5pt; border-top: Black 1pt solid; border-bottom: Black 2.25pt solid; background-color: White; text-align: right; padding-left: 3.5pt;">-</td> </tr></tbody></table>

3124000 2878000 98000 98000 5172000 4935000 1048000 1162000

9442000

9073000

9442000

9073000

The Company’s unrecognized deductible temporary differences and unused tax losses consist of the following: <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;"> <tbody><tr style="vertical-align: top;"><td style="border-top: black 1.5pt solid; border-bottom: black 1pt solid; text-align: left;"> </td> <td colspan="2" style="padding-top: 0in; border-top: black 1.5pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt;">March 31, 2026</td> <td colspan="2" style="padding-top: 0in; border-top: black 1.5pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt;">March 31, 2025</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.35pt; padding-left: 3.45pt; text-align: left; width: 58%;">Mineral property interests</td> <td style="padding-right: 3.5pt; padding-top: 0in; text-align: left; width: 7%; padding-left: 3.5pt;">$ </td> <td style="padding-right: 3.5pt; padding-top: 0in; text-align: right; width: 14%; padding-left: 3.5pt;">11,572,000</td> <td style="padding-top: 0in; text-align: center; width: 7%;">$ </td> <td style="padding-right: 3.5pt; padding-top: 0in; text-align: right; width: 14%; padding-left: 3.5pt;">10,660,000</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.5pt; padding-left: 3.45pt; text-align: left;">Equipment</td> <td style="padding-right: 3.5pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;"> </td> <td style="padding-right: 3.5pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">362,000</td> <td style="padding-top: 0in; text-align: center;"> </td> <td style="padding-right: 3.5pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">361,000</td> </tr><tr style="vertical-align: top;"> <td style="padding-top: 0.5pt; padding-left: 3.45pt; text-align: left;">Operating losses carried forward</td> <td style="padding-right: 3.5pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;"> </td> <td style="padding-right: 3.5pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">19,155,000</td> <td style="padding-top: 0in; text-align: center;"> </td> <td style="padding-right: 3.5pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">18,277,000</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: black 1pt solid; padding-top: 0.5pt; padding-left: 3.45pt; text-align: left;">Capital losses and other</td> <td style="border-bottom: black 1pt solid; padding-right: 3.5pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;"> </td> <td style="padding-right: 3.5pt; border-bottom: black 1pt solid; padding-top: 0in; text-align: right; padding-left: 3.5pt;">3,882,000</td> <td style="border-bottom: black 1pt solid; padding-top: 0in; text-align: center;"> </td> <td style="padding-right: 3.5pt; border-bottom: black 1pt solid; padding-top: 0in; text-align: right; padding-left: 3.5pt;">4,303,000</td> </tr><tr style="vertical-align: top;"> <td style="border-bottom: Black 2.25pt solid; padding-top: 0.35pt; padding-left: 3.45pt; text-align: left;">Unrecognized deductible temporary differences</td> <td style="border-bottom: Black 2.25pt solid; padding-right: 3.5pt; padding-top: 0in; text-align: left; padding-left: 3.5pt;">$ </td> <td style="border-bottom: Black 2.25pt solid; padding-right: 3.5pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">34,971,000</td> <td style="border-bottom: Black 2.25pt solid; padding-top: 0in; text-align: center;">$ </td> <td style="border-bottom: Black 2.25pt solid; padding-right: 3.5pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">33,601,000</td> </tr></tbody></table>

-11572000 -10660000 362000 361000 19155000 18277000 3882000 4303000 34971000 33601000 19155000 The losses expire as follows:<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 30%; border-collapse: collapse;margin-left:auto;margin-right:auto;"> <tbody><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"><td style="border-top: black 2.25pt solid; border-bottom: black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; font-family: Times New Roman, Times, Serif; width: 50%; text-align: center;">Expiry date</td> <td style="border-top: black 2.25pt solid; border-bottom: black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; font-family: Times New Roman, Times, Serif; width: 50%; text-align: center;">$</td> </tr><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"> <td style="font-family: Times New Roman, Times, Serif; padding-right: 3.5pt; padding-top: 0in; padding-left: 3.5pt; text-align: center;">2027</td> <td style="font-family: Times New Roman, Times, Serif; padding-right: 10pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">618,000</td> </tr><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"> <td style="font-family: Times New Roman, Times, Serif; padding-right: 3.5pt; padding-top: 0in; padding-left: 3.5pt; text-align: center;">2028</td> <td style="font-family: Times New Roman, Times, Serif; padding-right: 10pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">928,000</td> </tr><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"> <td style="font-family: Times New Roman, Times, Serif; padding-right: 3.5pt; padding-top: 0in; padding-left: 3.5pt; text-align: center;">2029</td> <td style="font-family: Times New Roman, Times, Serif; padding-right: 10pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">908,000</td> </tr><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"> <td style="font-family: Times New Roman, Times, Serif; padding-right: 3.5pt; padding-top: 0in; padding-left: 3.5pt; text-align: center;">2030</td> <td style="font-family: Times New Roman, Times, Serif; padding-right: 10pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">706,000</td> </tr><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"> <td style="font-family: Times New Roman, Times, Serif; padding-right: 3.5pt; padding-top: 0in; padding-left: 3.5pt; text-align: center;">2031</td> <td style="font-family: Times New Roman, Times, Serif; padding-right: 10pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">1,704,000</td> </tr><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"> <td style="font-family: Times New Roman, Times, Serif; padding-right: 3.5pt; padding-top: 0in; padding-left: 3.5pt; text-align: center;">2032</td> <td style="font-family: Times New Roman, Times, Serif; padding-right: 10pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">1,339,000</td> </tr><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"> <td style="font-family: Times New Roman, Times, Serif; padding-right: 3.5pt; padding-top: 0in; padding-left: 3.5pt; text-align: center;">2033</td> <td style="font-family: Times New Roman, Times, Serif; padding-right: 10pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">1,092,000</td> </tr><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"> <td style="font-family: Times New Roman, Times, Serif; padding-right: 3.5pt; padding-top: 0in; padding-left: 3.5pt; text-align: center;">2034</td> <td style="font-family: Times New Roman, Times, Serif; padding-right: 10pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">879,000</td> </tr><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"> <td style="font-family: Times New Roman, Times, Serif; padding-right: 3.5pt; padding-top: 0in; padding-left: 3.5pt; text-align: center;">2035</td> <td style="font-family: Times New Roman, Times, Serif; padding-right: 10pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">530,000</td> </tr><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"> <td style="font-family: Times New Roman, Times, Serif; padding-right: 3.5pt; padding-top: 0in; padding-left: 3.5pt; text-align: center;">2036</td> <td style="font-family: Times New Roman, Times, Serif; padding-right: 10pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">196,000</td> </tr><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"> <td style="font-family: Times New Roman, Times, Serif; padding-right: 3.5pt; padding-top: 0in; padding-left: 3.5pt; text-align: center;">2037</td> <td style="font-family: Times New Roman, Times, Serif; padding-right: 10pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">233,000</td> </tr><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"> <td style="font-family: Times New Roman, Times, Serif; padding-right: 3.5pt; padding-top: 0in; padding-left: 3.5pt; text-align: center;">2038</td> <td style="font-family: Times New Roman, Times, Serif; padding-right: 10pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">271,000</td> </tr><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"> <td style="font-family: Times New Roman, Times, Serif; padding-right: 3.5pt; padding-top: 0in; padding-left: 3.5pt; text-align: center;">2039</td> <td style="font-family: Times New Roman, Times, Serif; padding-right: 10pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">530,000</td> </tr><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"> <td style="font-family: Times New Roman, Times, Serif; padding-right: 3.5pt; padding-top: 0in; padding-left: 3.5pt; text-align: center;">2040</td> <td style="font-family: Times New Roman, Times, Serif; padding-right: 10pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">428,000</td> </tr><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"> <td style="font-family: Times New Roman, Times, Serif; padding-right: 3.5pt; padding-top: 0in; padding-left: 3.5pt; text-align: center;">2041</td> <td style="font-family: Times New Roman, Times, Serif; padding-right: 10pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">1,101,000</td> </tr><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"> <td style="font-family: Times New Roman, Times, Serif; padding-right: 3.5pt; padding-top: 0in; padding-left: 3.5pt; text-align: center;">2042</td> <td style="font-family: Times New Roman, Times, Serif; padding-right: 10pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">2,228,000</td> </tr><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"> <td style="font-family: Times New Roman, Times, Serif; padding-right: 3.5pt; padding-top: 0in; padding-left: 3.5pt; text-align: center;">2043</td> <td style="font-family: Times New Roman, Times, Serif; padding-right: 10pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">1,703,000</td> </tr><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"> <td style="font-family: Times New Roman, Times, Serif; padding-right: 3.5pt; padding-top: 0in; padding-left: 3.5pt; text-align: center;">2044</td> <td style="font-family: Times New Roman, Times, Serif; padding-right: 10pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">1,801,000</td> </tr><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"> <td style="font-family: Times New Roman, Times, Serif; padding-right: 3.5pt; padding-top: 0in; padding-left: 3.5pt; text-align: center;">2045</td> <td style="font-family: Times New Roman, Times, Serif; padding-right: 10pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">1,082,000</td> </tr><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"> <td style="border-bottom: Black 1.5pt solid; font-family: Times New Roman, Times, Serif; padding-right: 3.5pt; padding-top: 0in; padding-left: 3.5pt; text-align: center;">2046</td> <td style="border-bottom: Black 1.5pt solid; font-family: Times New Roman, Times, Serif; padding-right: 10pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">878,000</td> </tr><tr style="font-family: Times New Roman, Times, Serif; vertical-align: top;"> <td style="border-bottom: Black 2.25pt solid; font-family: Times New Roman, Times, Serif; padding-right: 3.5pt; padding-top: 0in; padding-left: 3.5pt; text-align: center;">Total</td> <td style="border-bottom: Black 2.25pt solid; font-family: Times New Roman, Times, Serif; padding-right: 10pt; padding-top: 0in; text-align: right; padding-left: 3.5pt;">19,155,000</td> </tr></tbody></table> 618000 928000 908000 706000 1704000 1339000 1092000 879000 530000 196000 233000 271000 530000 428000 1101000 2228000 1703000 1801000 1082000 878000 19155000 1338461 0.65 573770 0.61 1220000 91783

496325

723675

1855554 0.45 835000 92778

835000

1739130 0.23 400000 86957

400000

8750000 0.08 700000 131250

700000

3000000 0.05 150000 15000

1100000

218207 150000

84335286

12974542

On July 13, 2026, the Company completed a 6.5:1 share consolidation (Notes 9 & 14). All weighted average share and loss per share amounts have been retrospectively adjusted to reflect the share consolidation.