Northdrop Project

Geological Observations

Geological observations relevant to the property include:

• Volcanic and sedimentary rock assemblages typical of the Flin Flon domain
• Regional structural features that may influence mineralization styles
• Historical reports of sulphide-bearing zones within the claim area
• Dominant structural trends oriented northeast-southwest, consistent with regional controls known to influence mineralization in the Flin Flon area
• Multiple fault intersections and lineament terminations identified through satellite analysis

The presence of these features indicates that the property may be prospective for base and precious metal mineralization. However, their presence does not confirm that mineralization exists on the property in economic quantities.

Structural Controls

Preliminary satellite-based structural analysis has identified significant structural features across the property, including fault intersections and lineament terminations that commonly serve as controls for mineralization. These structural trends are consistent with regional geological patterns known to influence gold and VMS-style mineralization in the Flin Flon belt.

Preliminary Satellite Spectral Analysis (Fall 2025)

StrataNova completed a preliminary satellite-based spectral and structural analysis over its 52 km² Flin Flon-area property in northern Saskatchewan. The work was conducted by Axiom Exploration Group, an experienced geoscience and remote sensing consultancy, and represents an early-stage, cost-effective step in systematically advancing the property toward drill-ready targets.

Scope of Work

The study integrated multi-sensor satellite data (Sentinel-1, Sentinel-2, ASTER, and supplemental datasets) with proprietary processing techniques to evaluate surface mineralogical and structural indicators associated with gold and related rare earth element (REE) mineralization.

Key components included:

• Processing and analysis of 70 multispectral and radar "insights", from which the most relevant datasets were prioritized
• Structural interpretation of faults, lineaments, and geological trends using satellite imagery, elevation models, and public geophysical data
• Spectral mapping of hydrothermal alteration indicators, including iron oxides and clay minerals commonly associated with gold-bearing systems
• Integration of results into a GIS-based workspace to identify and rank areas of exploration interest

This approach allows large areas to be evaluated rapidly while focusing follow-up work on the most prospective zones.

Key Results

The analysis identified four priority target zones across the property where multiple favorable indicators coincide:

• Strong correlation between structural features (fault intersections and lineament terminations) and spectral alteration signatures
• Detection of hydrothermal alteration minerals (including clay and iron oxide assemblages) characteristic of gold-bearing geological environments
• Dominant structural trends oriented northeast-southwest, consistent with regional controls known to influence mineralization in the Flin Flon area
• Several targets occur in areas of sparse vegetation or exposed bedrock, increasing confidence in the reliability of spectral data

Importantly, these targets represent concentrated, high-priority zones, significantly reducing the footprint and cost of subsequent field programs.

Strategic Value

This work provides several key advantages:

• De-risks early exploration by narrowing the search area before committing to higher-cost ground programs
• Provides an objective, data-driven basis for prioritizing exploration capital
• Positions the company to move efficiently from regional screening to targeted field validation

Recommended Next Steps

Based on the results, Axiom recommends a phased follow-up exploration program focused on the four priority zones:

• - Targeted field mapping and ground truthing along identified structural trends
• - Geochemical sampling (soil, rock, and/or water) to confirm mineralization indicators
• - High-resolution geophysical surveys (airborne and/or ground-based) to refine subsurface targets
• - Focused drilling of the highest-priority targets to test depth continuity and mineral potential

Phase 1 – Data Compilation and Target Identification (Completed)

• Review and interpretation of available historical data
• Satellite-based analysis to assist in identifying areas of interest
• Planning of follow-up field programs

Phase 2 – Targeted Field Verification and Geochemistry

• Targeted geological mapping and ground truthing along priority structural trends
• Systematic geochemical sampling programs (soil, rock, and/or water) to confirm mineralization indicators
• Objective: Validate and refine priority zones identified during Phase 1

Phase 3 – Advanced Geophysical Surveys

• Acquisition of high-resolution geophysical surveys (airborne and/or ground-based) over priority targets
• Integration of geophysical results with geological and geochemical data to refine subsurface targets
• Objective: Improve targeting confidence and define drill-ready targets

Phase 4 – Target Evaluation and Drill Testing

• Focused drill testing of the highest-priority targets
• Objective: Test depth continuity, geometry, and mineral potential of identified targets
• Results will inform decisions on further exploration and resource definition

There is no guarantee that exploration activities will result in the identification of mineralization or that any targets generated will be suitable for drilling.