Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking information. These risks and uncertainties include, but are not limited to, risks associated with early-stage mineral exploration; the risk that visual observations of mineralization, including awaruite abundance and grain size, may not correlate with assay results, DTR results, recoverability, grade, tonnage or economic viability; the risk that a hole that ended at approximately 40 metres does not establish the continuity, width or depth extent of mineralization at Alloy Max South, and that follow-up drilling, including XL-26-19, may not confirm the extension of mineralization at depth or along strike; the risk that the ground between drill holes may not be mineralized and that true widths may differ from drilled widths; the risk that faulted or broken ground may continue to prevent holes from reaching their planned depths or increase the cost and time required to drill them; the risk that a larger drill may not be available on acceptable terms or within anticipated timelines; the risk that the geological and structural interpretations, including the westward dip of mineralization, may not be confirmed by further drilling; the risk that comparisons between the Alloy Max Zone and the RPM Zone may not be meaningful, as they are based on visual observations at Alloy Max, assay and DTR results at the RPM Zone and differing drill densities; the risk that AN-25-10 may not be a reliable precedent for results at XL-26-18 or XL-26-19; the risk that metallurgical results from the RPM Zone may not be representative of mineralization at Alloy Max or elsewhere on the project; the risk that the exploration access road may not deliver the expected logistical efficiencies; permitting, access, cost, weather or construction delays affecting the exploration access road, camp expansion and any expanded exploration; uncertainty regarding metallurgical recoverability and processing characteristics; uncertainty regarding the potential generation, recovery, storage, commerciality or development of geologic hydrogen; risks relating to the negotiation and completion of definitive agreements with VEMA Hydrogen; environmental, title, regulatory and community-related risks; the availability of capital and financing on acceptable terms; changes in commodity prices, market conditions and investor sentiment; operational, equipment, contractor and laboratory risks; seasonal access limitations; and the other risks described in the Company’s continuous disclosure filings available on SEDAR+ at www.sedarplus.ca.