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Cortez District (Colorback/Granite Mountain) (4 JV) ASSET

ASSET DESCRIPTION

ASSET NAME

Cortez District (Colorback/Granite Mountain) (4 JV)

ASSET TYPE

Exploration

Exploration METALS & MINERALS

Gold

SPECIFIC LOCATION

Cortez Cir, Carlin, NV 89822, USA

CURRENT ASSET STATUS

Optioned to null

OWNERSHIP STRUCTURE

CONDITIONAL OWNERSHIP NOTES

Bravada Gold Corporation can, through a mineral lease option agreement, maintain a 100% interest in mineral rights underlying the property and the right to mine any mineral resources discovered, other than turquoise. In order to maintain the lease, Bravada must pay the owner monthly option payments and, should mineral production occur, a 2% royalty.

ASSET ACTIVITIES

HISTORICAL OWNERSHIP

MINERAL RESOURCES AND RESERVES

Mineral Resources:

Metal	Measured				Indicated				Inferred			Attributable interests
Metal	Tonnage	Grade	Contained	CutOff	Tonnage	Grade	Contained	CutOff	Tonnage	Grade	Contained	Contained
Gold	0 k mt	0 g/t	0 k oz	0 g/t	0 k mt	0 g/t	0 k oz	0 g/t	0 k mt	0 g/t	0 k oz	0

Mineral Reserves:

Metal	Proven	Probable	Attributable interests
Tonnage	Grade	Contained	CutOff	Tonnage	Grade	Contained	CutOff	Contained
Gold	0 k mt	0 g/t	0 k oz	0 g/t	0 k mt	0 g/t	0 k oz	0 g/t	0

TOTAL CASH COST PER GOLD OUNCE

Amount in millions	Mining	Processing	Admin	Royalties	Total	%
Fuel	0	0	0	0	0	0 %
Maintenance	0	0	0	0	0	0 %
Labour	0	0	0	0	0	0 %
Insurance	0	0	0	0	0	0 %
Royalities	0	0	0	0	0	0 %
Reagents	0	0	0	0	0	0 %
Explosives	0	0	0	0	0	0 %
Contractors/consultants	0	0	0	0	0	0 %
Other*	0	0	0	0	0	0 %
Total US$ millions	0	0	0	0	0	0 %

PRODUCTION

PRODUCTION CYCLE	Annual	2026 Experiences				Expectations
PRODUCTION CYCLE	2025	Q1	Q2	Q3	Q4	2026	5 Year Avg	Remaining LOM
	0	0	0	0	0	0	0	0	Capital Expenditures	1	3
	0	0	0	0	0	0	0	0	Ore Tons Mined	2	3
	0	0	0	0	0	0	0	0	Mill Feed - Ore Tons Processed	3	3
	0	0	0	0	0	0	0	0	Gold (k oz) Produced	79	2
	0	0	0	0	0	0	0	0	Gold (k oz) Sold	79	1
	0	0	0	0	0	0	0	0	Gold Recovery (%)	79	4
	0	0	0	0	0	0	0	0	Cash Operating Cost	4	3
	0	0	0	0	0	0	0	0	All - in Sustaining Costs	5	3
	0	0	0	0	0	0	0	0	Strip Ratio – Waste:Ore	6	3

ARTICULATED HAULERS

US METRIC

MINING TRUCKS

US METRIC

POWER DEMAND

POWER AND ENGINEERING

Power Usage: total MWh per year

Peak power demand MW

Environmental Impact Assessment, man hours

Engineering firms

Local firms

AFTER TAX & ROYALTY NET PRESENT VALUE

Date of Assessment

Jun 6, 2026

COMPANY NAME	STAKE %	NOTES
Optionee Bravada gold corp.	100
	0
	0

Initial Capital Cost	Operating Expenses	NVP	Discount Rate	Payback period	After tax IRR	Gold (oz)