With the project now approximately 72% complete, McIlvenna Bay remains on schedule for commercial production in mid-2026 and continues to track on budget. Underground Development Development included approximately 568m of lateral advance, with 56m of decline development, with the ramp now extending approximately 6m past the 240m level. The McIlvenna Bay project is located within the documented traditional territory of the Peter Ballantyne Cree Nation, comprises the infrastructure and works related to development and advanced exploration activities of the Company, and hosts the McIlvenna Bay Deposit and Tesla Zone. The McIlvenna Bay Deposit is a copper-zinc-gold-silver rich deposit intended to be the centre of a new mining camp in a prolific district that has already been producing for 100 years. CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTSThis news release contains certain forward-looking information and forward-looking statements, as defined under applicable securities laws (collectively referred to herein as "forward-looking statements").