Major Precious Plans Site Visit to Skaergaard - Seite 2

Indicated Mineral Resource of 5.1 million tonnes at 1.66 g/t AuEq

• 0.2 million ounces of gold
• 0.14 million ounces of palladium
• 0.01 million ounces of platinum

Inferred Mineral Resource of 197.1 million tonnes at 1.51 g/t AuEq

• 5.5 million ounces of gold
• 8.5 million ounces of palladium
• 0.7 million ounces of platinum

Reference: Platina Resources Ltd. - ASX news release - 23 July 2013 “New Resource Estimate for Skaergaard Gold and PGM Project, East Greenland” - https://www.asx.com.au/asxpdf/20130723/pdf/42h602nm92pqdl.pdf. Figures have been rounded. Please refer to cautionary statement below regarding historical estimate disclosure.

In October 2005, RPA Inc. completed a historical estimate for the Skaergaard Project under NI 43-101 standards resulting in an:

Inferred Mineral Resource of 1,520 million tonnes at 0.21 g/t Au, 0.61 g/t Pd and 0.04 g/t Pt

• 10.3 million ounces of gold
• 29.8 million ounces of palladium
• 1.95 million ounces of platinum

Reference: NI 43-101 Technical Report on the Mineral Resource Estimate for the Skaergaard PGM-Au-Fe-Ti Deposit Greenland, for Skaergaard Minerals Corp., effective date of October 4, 2005 - http://easternzinc.com/wp-content/uploads/2020/07/SKG_2005_RPA_Tech_Rp .... Figures have been rounded. Please refer to cautionary statement below regarding historical estimate disclosure.

Subsequent to this historical estimate being completed, drilling programs on the property in 2008, 2010 and 2011 (combined total of 14,000 metres of drilling) improved the understanding of potential mineable widths within the Skaergaard intrusion and also resulted in slightly increased metal grades. These historical estimates were also constrained to the three main mineralized zones H0, H3 and H5 only, but based on a review of the historical information, the Company believes that potential mineable widths within the Skaergaard intrusion may be thicker on average than the assumptions used in the 2005 and 2013 historical estimates.

The Company has begun work on an updated geological model and mineral resource estimate for the Skaergaard Project completed to CIM (May 2014) and NI 43-101 standards. This updated geological model and resource estimate will incorporate recent gold and palladium pricing compared to past estimates and include a re-evaluation of the potential mineable widths to determine reasonable prospects for eventual economic extraction. The Company believes this could positively impact the updated resource estimate for the Skaergaard Project including significant changes to the gold equivalent cut-off grade.