The Nelligan Gold Project is located approximately 45 kilometres south of the Chapais - Chibougamau area in Québec. On February 13, 2024, the Company acquired all of the issued and outstanding common shares of Vanstar for consideration of approximately 12.0 million common shares of the Company. Vanstar owned a 25% interest in the Nelligan Gold Project in Quebec, Canada. With the acquisition of Vanstar complete, the Company now owns a 100% interest in Nelligan.

Approximately 10,000 metres of expansion and delineation diamond drilling is planned for 2024, of which approximately 4,000 metres were completed in the first quarter 2024.