The Company has capitalized acquisition costs on mineral properties as follows:


	June 30, 2026		June 30, 2025
Sleeper and other Nevada based Projects	$	25,721,554	$	25,701,750
Grassy Mountain and other Oregon based Projects		23,435,728		23,435,728
Total mineral properties	$	49,157,282	$	49,137,478

Sleeper is located in Humboldt County, Nevada approximately 26 miles northwest of the town of Winnemucca.

For the years-ended June 30, 2026 and 2025, the Company recognized a decrease in the mineral properties for the Sleeper Gold Project due to a change of estimate for its reclamation and environmental obligation in the amount of $30,196 and $81,936, respectively (Note 10).

The Grassy Mountain Project is located in Malheur County, Oregon, approximately 22 miles south of Vale, Oregon, and roughly 70 miles west of Boise, Idaho.

During the year ended June 30, 2026, the Company made a payment to Nevada Select in the amount of $50,000 (2025 - $50,000). See Note 14 for a description of the Bald Peak claims.

The Company reviews and evaluates its long-lived assets for impairment on an annual basis or more frequently when events or changes in circumstances indicate that the related carrying amounts may not be recoverable. For the years ended June 30, 2026 and

2025, no events or changes in circumstance are believed to have impacted recoverability of the Company’s long-lived assets. Accordingly, it was determined that no impairment was necessary.