Investor Insight

Tartisan Nickel offers investors exposure to a high-grade, advanced-stage nickel sulfide project with existing infrastructure and clear near-term catalysts, alongside a past-producing silver asset providing significant upside and growth potential.

Overview

Tartisan Nickel (CSE:TN,OTCQX:TTSRF,FSE:8TA) is a Canadian exploration and development company focused on advancing high-quality critical mineral assets in Ontario. The company’s primary asset, the Kenbridge nickel project in Northwestern Ontario, is an advanced-stage nickel sulfide deposit hosting nickel, copper and cobalt. Management’s strategy for Kenbridge is straightforward and execution-focused: increase the size and confidence of the Kenbridge resource through drilling, extend mine life, and continue de-risking the project.

The Kenbridge project has undergone extensive historical work, including more than 100,000 meters of drilling.

At the same time, Tartisan controls the Sill Lake silver project, a past-producing silver-lead property near Sault Ste. Marie, Ontario. With strong commodity fundamentals across nickel, copper and silver, management views Tartisan as a company with “more than one leg under the table,” offering investors exposure to multiple value drivers within a single platform.

Company Highlights

• Clear focus on drilling-driven value creation, with active programs designed to upgrade inferred resources, expand the deposit at depth, and extend mine life into the mid-teens
• Low-capex development profile relative to many peer nickel projects, supported by a historic shaft, road access, and established infrastructure
• Sill Lake Silver Project provides additional, underappreciated value, offering exposure to silver through a brownfields, past-producing asset with a defined historic resource
• Experienced leadership team with deep capital markets and mine development experience, focused on disciplined capital allocation and unlocking value from opportunity-acquired assets

Key Projects

Kenbridge Nickel-Copper-Cobalt Project

The Kenbridge project is Tartisan’s flagship asset and the company’s primary focus. It is a high-grade, Class 1 nickel sulfide deposit located in a mining-friendly jurisdiction with established infrastructure and access. Kenbridge benefits from extensive historical work, including more than 100,000 metres of drilling and a three-compartment shaft extending to a depth of approximately 622 metres, placing the project closer to development than many earlier-stage peers.

A preliminary economic assessment (PEA) completed in 2022 outlined a potentially economic underground mining operation, supported by relatively modest initial capital requirements compared to large, low-grade nickel projects.

Current drilling is aimed at upgrading inferred resources to measured and indicated categories, and expanding the deposit both along strike and at depth, where historical data indicate improving grades.

The company’s near-term objective is to meaningfully extend the mine life beyond the nine years outlined in the PEA, with the longer-term goal of positioning Kenbridge as a strategic asset in a tightening nickel market. With existing road access, proximity to power, and ongoing engagement with Treaty #3 First Nations, Kenbridge is viewed as an advanced project with clear pathways to further value creation.

Tartisan Nickel has been engaging with Treaty # 3 First Nations since May 2007.

Sill Lake Silver-Lead Project

The Sill Lake project is a 100-percent-owned, past-producing silver-lead asset located approximately 30 kilometres north of Sault Ste. Marie, Ontario. The property hosts an NI 43-101-compliant historic mineral resource and benefits from existing underground development, including ramp access and historic workings.

Tartisan considers Sill Lake a brownfields opportunity with relatively low capital intensity, particularly in the context of stronger silver prices. Planned work includes validation of historic data, evaluation of multiple mineralized trends, and the potential for future drilling and bulk sampling. Importantly, management believes Sill Lake’s value is largely unrecognized by the market, providing investors with additional upside that is not currently built into Tartisan’s valuation.

Management Team

Mark Appleby – President, CEO and Director

Mark Appleby has more than 38 years of experience in investment banking, corporate finance and capital markets. He has led numerous public resource companies through exploration, development and financing cycles, and brings a strong focus on disciplined capital allocation and asset-driven value creation.

Yves Clément – Director

Yves Clément is a professional geologist with more than 35 years of experience in mineral exploration and development across Canada, South America and West Africa, contributing deep technical oversight at the board level.

Carl J. McGill – Director

Carl McGill has over 30 years of experience in capital markets and financial management, with a background spanning banking, corporate finance and public company leadership.

Dean MacEachern – Geological Advisor

Dean MacEachern has more than 35 years of global exploration experience and has worked on the Kenbridge project under previous ownership, providing valuable continuity and geological insight as a Qualified Person under NI 43-101.

Greg Edwards – Project Manager

Greg Edwards brings over 25 years of Canadian exploration and project development experience and plays a key role in advancing Kenbridge while supporting community and First Nations engagement.

Gold price

After hitting a record high of close to US$5,600 per ounce, gold closed January by embarking on one of the biggest price slides it’s seen in decades, dropping as low as US$4,400 for a significant loss of more than 21 percent.

Although the spot price for gold was once again back above the key psychological US$5,000 mark in early morning trading on February 4, the next day it had pulled back again, falling as low as US$4,685 near the end of the day.

Demonstrating volatility, gold closed out last week with a swing to the upside, hitting an intraday high of US$4,966.

By Monday (February 9), gold was once again trading above US$5,000 and managed to stay above the key support level into Wednesday (February 11) with an intraday high of US$5,114 as of 1:20 p.m. PST.

Gold price chart, February 4, 2026 to February 11, 2026.

The primary drivers for gold this past week are:

• Gold at record levels was bound to lead to profit taking for those who bought in at much lower prices. Dip buying is also helping to support a rebound in prices as buyers step in on pullbacks, demonstrating confidence in the long-term upward trend for the metal.

• US monetary policy uncertainty continues to influence the price as market watchers try to anticipate which direction Kevin Warsh, President Donald Trump’s US Federal Reserve chair nominee, will take this year. Thought of as a monetary policy hawk, Warsh isn’t expected to make policy decisions based on the vibe coming out of the White House.

• Late last week, the US dollar strengthened to a two week high against a basket of currencies. This led to a drop in demand for gold as holding the yellow metal, typically priced in US dollars, became a more expensive prospect among foreign buyers.

In other gold news, the People’s Bank of China reportedly added 1.24 metric tons of gold to its holdings in January, marking a 15th consecutive month of gold purchases for the central bank.

As for the gold-mining sector, the biggest news is Barrick Mining’s (TSX:ABX,NYSE:B) plan to spin off its North American gold assets, including its joint venture interests in Nevada Gold Mines and Pueblo Viejo, as well as its wholly owned Fourmile discovery in Nevada. An initial public offering is targeted for completion by late 2026.

Silver price

The silver price has tracked gold on these macro trends.

The white metal posted an all-time high of more than US$121 per ounce on January 29, but on February 5 it followed gold on its downward slide, nearly falling below US$65. By the end of the next trading day, the price of silver had recovered to US$77.80. Since Monday, prices for the white metal have managed to gain ground, rising from US$80 level to an intraday high of US$86.19 as of 1:20 p.m. PST on Wednesday.

Silver price chart, February 4, 2026 to February 11, 2026.

In addition to the macro factors influencing gold this past week, volatility in the silver market has also come from the ups and downs in the artificial intelligence (AI) sector. Silver, the most electrically and thermally conductive metal on the planet, is considered a key material for AI tech, particularly in data centers and high-performance computing.

AI stocks experienced a slide late last week after investors decided the high CAPEX costs associated with the emerging technology might not be worth it in the long run.

In other silver news, Chinese billionaire trader Bian Ximing has taken a bearish turn on silver, and is building the Shanghai Futures Exchange’s largest-known net short position in silver.

Platinum price

Platinum hit a high of US$2,816 per ounce on January 29. After tracking its precious metal sisters down as low as US$1,826.90 on February 5, the metal was back above US$2,100 the next day. For the first part of this week, platinum has traded above US$2,090, reaching an intraday high of US$2,202 on Wednesday as of 1:20 p.m. PST.

Platinum price chart, February 4, 2026 to February 11, 2026.

Platinum is one of the top-performing metals over the past year, reaching 12 year highs in recent weeks. Demand is being driven by the metal’s essential role in the emerging hydrogen economy. Its also still seeing robust demand from the auto sector despite the emergence of electric vehicles and uneasy consumer confidence in the economy.

On the supply side, global platinum reserves remain critically low, especially as the world’s biggest producer, South Africa, continues to be plagued by power shortages and operational disruptions.

This week, Reuters reported that despite major producers such as Valterra Platinum (LSE:VALT,JSE:VAL,OTCPL:AGPPF) and Impala Platinum Holdings (OTCQX:IMPUF,JSE:IMP) experiencing surging profits, the companies will be prioritizing shareholder payouts over investing in new projects.

Palladium price

Palladium has been the black sheep of the precious metals family for the past few years, remaining well below its March 2022 all-time record of US$3,440.76 per ounce.

On February 5 it came along for the slide, falling as low as US$1,585. After a rebounding above the US$1,700 level on February 6, the precious metal has managed to maintain its prices above that mark for much of this week.

Palladium price chart, February 4, 2026 to February 11, 2026.

The palladium price is being held down by a slump in demand for electric vehicles and a looming oversupply situation. Analysts at Heraeus Precious Metals predict that the palladium market may move into a surplus in 2026 as secondary supply from recycling increases by 10 percent.

Investor Insight

TomaGold is advancing a portfolio centered on Québec’s Chibougamau Mining Camp, combining owned assets with near-term, catalyst-driven exploration at its optioned Berrigan Mine project. Recent deep drilling and downhole geophysics at Berrigan have identified sulphide mineralization and EM conductors that the company is using to prioritize follow-up targets, while it continues to advance the owned Obalski project and a broader pipeline of Chibougamau-area options.

Overview

TomaGold (TSXV:LOT,OTC:TOGOF) is a Canadian exploration company focused on precious and base metal opportunities, with a primary emphasis on gold and copper in Québec and Ontario. The company’s core assets are located in Québec’s Chibougamau Mining Camp, where it owns the Obalski and Chicot projects and holds options to earn up to 100 percent interests in multiple additional properties, including the Berrigan Mine, David, Radar and Dufault projects. TomaGold also holds a 24.5 percent joint venture interest in the Baird gold project near Ontario’s Red Lake camp, and maintains early-stage lithium and rare earth element (REE) exposure in Québec’s James Bay region.

In January 2026, TomaGold reported deep drilling results from Berrigan Mine, including a broad interval of semi-massive to massive sulphide mineralization in hole TOM-25-015 and described the “Berrigan Deep” zone as open at depth. In February 2026, the company reported results from a borehole electromagnetic (BHEM) survey, stating that modeled conductive plates correlate with mineralization intersected in multiple holes and identifying a priority plate (BER-14C) for follow-up drilling and additional geophysical work.

Company Highlights

• Portfolio anchored in Québec’s Chibougamau Mining Camp, combining owned assets (including Obalski and Chicot) with multiple optioned projects that provide pipeline depth.
• Near-term exploration catalysts focused on Berrigan, supported by recent deep drilling and BHEM interpretation used to prioritize conductors for follow-up.
• Berrigan Mine: January 2026 drilling highlighted a broad sulphide interval in hole TOM-25-015 and introduced the “Berrigan Deep” zone; February 2026 BHEM interpretation identified a priority conductor (BER-14C) described as open at depth and to the northeast.
• Obalski is a 100 percent owned project with extensive historical work and multiple zones, providing a second core asset within the company’s Chibougamau footprint.
• Management describes a disciplined, data-driven reinterpretation of existing datasets, targeted drilling and geophysics to generate technical newsflow and refine targets over time, with the objective of advancing projects toward updated NI 43-101-compliant technical disclosure.

Key Projects

Berrigan Mine Project (Option to Acquire 100 percent)

The Berrigan Mine project comprises 16 claims totaling 483 hectares and is located approximately 4 km NNW of Chibougamau in the Chibougamau Mining Camp. TomaGold holds an option to acquire a 100 percent interest in the property from Chibougamau Independent Mines. The project has a significant historical database and has been the focus of the company’s recent exploration drilling and geophysics. Any historical resource estimates referenced for the project are historical in nature, are not current NI 43-101 compliant, and should not be relied upon.

In January 2026, TomaGold reported drilling results including hole TOM-25-015, which intersected 98.5 metres of semi-massive to massive sulphide mineralization and was presented as a new “Berrigan Deep” zone that remains open at depth. The company also reported additional intervals from drilling designed to test extensions of mineralization at depth. In February 2026, TomaGold reported interpretation from a borehole electromagnetic (BHEM) survey, stating that conductive plates modeled from downhole data correlate with mineralization intersected in holes TOM-25-009 through TOM-25-015. The company highlighted a priority target plate (BER-14C), described as approximately 160 x 300 metres and open at depth and to the northeast, and outlined follow-up steps including additional drilling and EM work.

TomaGold has stated it reverted to reporting elemental assays rather than metal-equivalent grades due to uncertainty around metallurgical recovery assumptions at the current stage of evaluation.

Obalski Project (100 percent owned)

The Obalski project is 100 percent owned and consists of 75 claims totaling 2,724 hectares located roughly 2 km south of Chibougamau. The project hosts multiple mineralized zones and has seen extensive historical exploration and drilling. TomaGold highlights Obalski as a core owned asset within its Chibougamau platform, supported by a large database and multiple target zones that remain open along strike and at depth.

David Project (Option to Earn 100 percent)

The David project consists of 49 claims totaling approximately 20.09 sq km and is located within the Chibougamau camp. The project hosts multiple mineral occurrences and is positioned by the company as part of its broader Chibougamau consolidation strategy.

Radar Project (Option to Earn 100 percent)

The Radar project consists of 14 claims totaling approximately 7.75 sq km and is located north of Chibougamau. The company highlights multiple showings and historical work that support ongoing target development within the district.

Dufault Project (Option to Earn 100 percent)

The Dufault project consists of 14 claims totaling approximately 5.22 sq km and is located north of Chibougamau. The company highlights the project as prospective within the camp and references historical drilling that supports continued evaluation.

Other Assets and Optional Exposure

TomaGold’s portfolio also includes the Chicot project (owned) and additional Chibougamau-area properties (optioned) that provide pipeline optionality. Outside of Chibougamau, the company holds a 24.5 percent joint venture interest in the Baird gold project near Ontario’s Red Lake camp, and early-stage lithium and REE exposure in Québec’s James Bay region through the Star Lake (REE) and Brisk Extension (lithium/REE) projects.

Management Team

David Grondin — President and CEO

David Grondin is a seasoned mining financial entrepreneur and developer with over 25 years of experience in acquiring, financing, and advancing mining assets across the Americas and Europe.

Martin Nicoletti — CFO

Martin Nicoletti is the founder of SKTM Financial and a certified accountant with more than 32 years of corporate experience.

Jean Lafleur — VP Exploration

Jean Lent is a highly skilled professional geologist with 45 years of global experience in mineral exploration, resource evaluation, and project assessment and development.

Michel E. Labrousse — Senior Advisor

For the past twenty years, Michel Labrousse has developed various businesses in investment banking and financial markets in Europe and Asia.

Board of Directors

The board includes David Brousse, Jean-Sébastien Jacquetin and Caitlin Jeffs.

TomaGold (TSXV:LOT;OTC:TOGOF) is a Canadian exploration company targeting precious and base metals, with a strong focus on gold and copper projects in Québec and Ontario. Its flagship assets are in Québec’s Chibougamau Mining Camp, where it owns the Obalski and Chicot projects and holds options to earn up to 100 percent interests in several additional properties, including Berrigan Mine, David, Radar and Dufault. The company also holds a 24.5 percent joint venture stake in the Baird gold project near Ontario’s Red Lake camp, along with early-stage lithium and rare earth element (REE) exposure in Québec’s James Bay region.

In January 2026, TomaGold reported deep drilling results from the Berrigan Mine, highlighted by a broad interval of semi-massive to massive sulphide mineralization in hole TOM-25-015. The company also noted that the “Berrigan Deep” zone remains open at depth, underscoring further exploration potential.

In February 2026, TomaGold released results from a borehole electromagnetic (BHEM) survey, stating that modeled conductive plates correlate with mineralization intersected in multiple holes. The survey also identified a priority plate, BER-14C, as a target for follow-up drilling and additional geophysical work.

This TomaGold profile is part of a paid investor education campaign.*

Click here to connect with TomaGold (TSXV:LOT) to receive an Investor Presentation

Tartisan Nickel (CSE:TN,OTCQX:TTSRF,FSE: 8TA) is a Canadian exploration and development company focused on advancing high-quality critical mineral assets in Ontario. Its flagship asset, the Kenbridge nickel project in Northwestern Ontario, is an advanced-stage nickel sulphide deposit containing nickel, copper and cobalt.

Management’s strategy for Kenbridge is clear and execution-driven: expand and upgrade the resource through drilling, extend potential mine life, and continue systematically de-risking the project.

At the same time, Tartisan holds the Sill Lake silver project, a past-producing silver-lead property near Sault Ste. Marie, Ontario. Supported by strong fundamentals for nickel, copper and silver, management positions Tartisan as a multi-asset story—providing investors with exposure to several value drivers within a single platform.

Company Highlights

• Clear focus on drilling-driven value creation, with active programs designed to upgrade inferred resources, expand the deposit at depth, and extend mine life into the mid-teens
• Low-capex development profile relative to many peer nickel projects, supported by a historic shaft, road access, and established infrastructure
• Sill Lake Silver Project provides additional, underappreciated value, offering exposure to silver through a brownfields, past-producing asset with a defined historic resource
• Experienced leadership team with deep capital markets and mine development experience, focused on disciplined capital allocation and unlocking value from opportunity-acquired assets

This Tartisan Nickel profile is part of a paid investor education campaign.*

Click here to connect with Tartisan Nickel (CSE:TN,OTCQX:TTSRF,FSE: 8TA) to receive an Investor Presentation

Bitcoin (BTC) was priced at US$67,551.42, down 18 percent over the last 24 hours.

Bitcoin price performance, February 11, 2026.

Chart via TradingView.

“Bitcoin appears to be entering a stabilization phase before its next directional move. In the near term, prices are likely to consolidate around the US$70,000 level as the market digests recent volatility and continued profit-taking, but the broader setup points to a gradual recovery toward the US$85,000 to US$95,000 range by mid-2026.

“The key driver is institutional behavior: ETF outflows are slowing rather than accelerating, suggesting that forced selling pressure is easing and longer-term allocators are becoming more selective instead of exiting outright. At the same time, regulatory progress — particularly around stablecoin frameworks and clearer market structure — continues to strengthen Bitcoin’s position as a maturing asset within global portfolios, especially as investors look for inflation hedges amid ongoing macro uncertainty.

“While short-term price action may remain uneven, innovation across DeFi and tokenized assets is reinforcing the underlying crypto ecosystem, creating conditions that have historically supported post-correction recoveries and attracted long-term capital back into Bitcoin.”

Ether (ETH) was priced at US$1,955.33, down by 2.8 percent over the last 24 hours.

Altcoin price update

• XRP (XRP) was priced at US$1.38, down by 1.2 percent over 24 hours.

• Solana (SOL) was trading at US$79.64, down by 3.5 percent over 24 hours.

Today’s crypto news to know

Robinhood shares Q4 earnings

Robinhood Markets (NASDAQ:HOOD) released its latest quarterly report on Wednesday, revealing net income totaling US$605 million for Q4 2025 and US$1.9 billion for the year.

The company reported a record US$1.28 billion in quarterly revenue, a 27 percent increase year-on-year, but shy of estimates of about US$1.36 billion. Its full‑year 2025 revenue reached US$4.5 billion, up 52 percent.

However, crypto revenue fell 38 percent to US$221 million in Q4.

Despite a fundamentally solid quarter, with record earnings per share of US$0.66 in Q4 and US$2.05 for 2025, shares dropped between 7 and 12 percent after the print and closed 9 percent lower on the day.

In other news, Robinhood launched a public testnet for Robinhood Chain, an Ethereum Layer 2 built on Arbitrum technology and designed to support tokenized real‑world and digital assets.

Developers can begin building and testing apps on it ahead of a future mainnet launch. The testnet offers network access, developer docs and compatibility with standard Ethereum tools, plus early support from infrastructure providers such as Alchemy, Chainlink and LayerZero. Robinhood also said it is committing US$1 million to the 2026 Arbitrum Open House program to encourage developer activity on the testnet and eventual mainnet.

Banks dig in on stablecoin yield as CLARITY Act stalls

US banks are hardening their position on stablecoin rules, escalating a policy clash that has left the long-awaited CLARITY Act stuck in Congress. During a White House-hosted meeting led by the administration’s crypto council, banking groups circulated a proposal calling for an outright ban on paying interest or other incentives to stablecoin holders.

The draft language states: “No person may provide any form of financial or non-financial consideration to a stablecoin holder” in connection with holding or using a payment stablecoin.

Banking groups warned that allowing yield on stablecoins could “drive deposit flight that would undercut Main Street lending,” while crypto advocates argued innovation should not be stifled. The dispute centers on whether stablecoin rewards resemble bank deposits, potentially siphoning funds from traditional lenders.

‘As we noted during the meeting, that framework can and must embrace financial innovation without undermining safety and soundness, and without putting the bank deposits that fuel local lending and drive economic activity at risk. We look forward to ongoing discussions to move market structure legislation forward,’ the American Bankers Association said in a statement following the meeting.

The standoff has become the main obstacle preventing the CLARITY Act from advancing, despite earlier passage of the GENIUS Act, which created a federal framework for dollar-backed stablecoins.

Goldman Sachs maintains US$1 billion Bitcoin ETF exposure

Goldman Sachs (NYSE:GS) disclosed in its latest US Securities and Exchange Commission filing that it holds just over US$1 billion in exposure to Bitcoin through exchange-traded funds (ETFs).

The exposure is split across products, including BlackRock’s iShares Bitcoin Trust ETF (NASDAQ:IBIT) and Fidelity’s Wise Origin Bitcoin ETF (NEO:FBTC). Bitcoin has dropped roughly 47 percent from its high and is trading near US$67,000, part of a broader US$2 trillion drawdown across the crypto market. ETF flows have been volatile, with more than US$6 billion exiting spot Bitcoin funds since November, according to industry data.

Despite the slump, Goldman has also expanded into Ether, XRP and Solana ETFs.

Monad launches Nitro accelerator

Blockchain company Monad announced Tuesday (February 10) launch of a new three month accelerator program, Nitro, supported by notable firms including Paradigm, Electric Capital, Dragonfly and Castle Island Ventures.

According to commentary provided in a media briefing accompanying the announcement, “The program is designed to address a common issue in crypto venture funding: teams often raise capital quickly but struggle to ship production-ready products or reach product-market fit. Nitro is structured around execution, shipping cadence, and validation, rather than short-term growth metrics or token-driven incentives.”

The press release notes that the Monad ecosystem has already seen US$108 million raised by projects.

The three month program includes an in-person first month in New York City, and will be followed by two months of focused execution, concluding with a Demo Day for crypto and tech investors.

Interactive Brokers adds Coinbase nano contracts

Interactive Brokers said it is adding “nano contracts’ from Coinbase Global’s (NASDAQ:COIN) derivatives arm to its trading platform. These contracts control fractions of a Bitcoin or Ether coin and require less upfront investment.

Clients can trade these futures, some with set expiry dates and others that track the current price over time, 24/7 within Interactive Brokers’ standard brokerage environment, alongside stocks and options.

The move is meant to make it easier and cheaper for people to get exposure to crypto prices and manage risk, while still using a regulated broker and exchange.

Investor Insight

Sirios Resources is advancing one of Québec’s largest undeveloped gold deposits, combining a multi-million-ounce resource base, strong infrastructure access and deep regional expertise backed by the Osisko development ecosystem, creating a clear pathway toward re-rating and growth.

Overview

Sirios Resources (TSXV:SOI,OTCQB:SIREF) is a Québec-based gold exploration and development company focused on advancing a portfolio of high-potential projects in the Eeyou Istchee James Bay region of Québec. The company’s flagship asset, the Cheechoo gold project, ranks among the largest gold projects in the province by resource size. The project benefits from favourable geology, near-surface mineralization, and proximity to existing infrastructure, including road access, power lines and the nearby Éléonore mine. Sirios is advancing Cheechoo through systematic drilling, resource expansion and technical studies with the objective of progressing the project toward a PEA.

In December 2025, Sirios announced a transformational combination with OVI Mining, creating a district-scale gold platform anchored by Cheechoo and complemented by the Corvet Est and PLEX projects. The transaction brings Sirios into the Osisko development ecosystem, strengthening the company’s leadership team with proven mine-building and capital markets expertise, while retaining Sirios’ long-standing geological knowledge of James Bay.

With over three decades of continuous exploration in the region and strong relationships with local and Indigenous communities, Sirios is well-positioned to unlock value through disciplined project advancement and exploration-driven growth.

Company Highlights

• Flagship Cheechoo gold project hosts approximately 3 million ounces of gold, including 1.3 million ounces indicated and 1.7 million ounces inferred, including additional underground resources
• Located in Eeyou Istchee James Bay, Québec, a Tier-1 mining jurisdiction with strong government and community support
• Low strip ratio (2.9:1) and high gold recoveries (92 percent) support attractive open-pit development potential at Cheechoo
• Strategic combination with OVI Mining brings Osisko-backed leadership, capital markets strength and additional district-scale exploration assets

Key Projects

Cheechoo Gold Project

The 100 percent owned Cheechoo gold project is Sirios’ flagship asset located in Eeyou Istchee James Bay, Québec, near existing infrastructure and operating mines. The project hosts a large, near-surface gold deposit with scalable, open-pit potential and higher-grade underground extensions.

A 2025 mineral resource estimate outlines approximately 3 million ounces of gold, including 1.3 million ounces indicated at 1.12 grams per ton (g/t) gold and 1.7 million ounces inferred at 1.23 g/t gold, which includes 446,000 ounces of underground resources grading 3.09 g/t gold. The deposit exhibits a low strip ratio of 2.9:1 and high metallurgical recoveries of approximately 92 percent, supporting favourable development characteristics.

In addition to the current resource, Cheechoo hosts a significant exploration target ranging from 31 to 40 million tonnes grading between 1.27 and 1.45 g/t gold, highlighting strong potential for further resource growth. Sirios’ ongoing work is focused on expanding the resource base and advancing the project toward a preliminary economic assessment.

Corvet Est Gold Project

Corvet Est is a 6,500-hectare district-scale land package located east of Cheechoo within the same highly prospective James Bay geological corridor. The project comprises a historically drilled gold system that has seen limited modern exploration since 2012. Following consolidation by OVI Mining, Corvet Est now offers Sirios exposure to a large land package with multiple mineralized zones and significant upside potential.

Plex Gold Project

The PLEX project is a 21,000-hectare district-scale land package hosting the Orfée gold zone, characterized by multiple structural corridors and underexplored depth and strike potential. Historical drilling has confirmed gold mineralization, and Sirios plans to advance compilation, target refinement and exploration programs to unlock the project’s discovery potential.

Aquilon Gold Project

The Aquilon project is an optioned gold asset located in James Bay and hosts numerous high-grade gold showings, including some of the highest gold grades historically reported in Québec. Recent drilling has outlined a broad gold-mineralized halo with strong expansion potential. Exploration at Aquilon is currently being advanced in partnership with Sumitomo Metal Mining Canada, providing Sirios with continued exposure to exploration upside while limiting capital commitments.

Management Team (Post-Transaction)

Dominique Doucet. – Executive Chairman

Dominique Doucet is a veteran of Québec’s mineral exploration industry with more than 40 years of experience, including over 30 years in the Eeyou Istchee James Bay region. He founded Sirios Resources and has led the discovery of several significant gold occurrences, including the Cheechoo and Aquilon deposits.

Jean-Félix Lepage – Chief Executive Officer

Jean-Félix Lepage is a mining engineer with over 15 years of experience in mine operations and project development. Prior to joining Sirios, he served as vice-president of Projects at O3 Mining, where he advanced the Marban project, and previously held senior operational roles at Newmont, including at the Éléonore mine.

Sean Roosen – Board Member

Sean Roosen is the founder and executive chairman of Osisko Development and former CEO of Osisko Gold Royalties. He played a central role in the discovery, financing and development of the Canadian Malartic mine and is widely recognized as a leader in the global mining industry.

Laurence Farmer – Board Member

Laurence Farmer is CEO of Electric Elements Mining and General Counsel and vice-president of corporate development at Osisko Development. He brings extensive experience across mining, law and finance, with a strong background in corporate transactions and resource development.

Sirios Resources (TSXV:SOI,OTCQB:SIREF) is a Québec-based gold exploration and development company focused on high-potential projects in the Eeyou Istchee James Bay region. Its flagship Cheechoo gold project ranks among the largest in the province by resource size and benefits from favourable geology, near-surface mineralization, and existing infrastructure, including road access, power lines, and proximity to the Éléonore mine. Sirios is advancing Cheechoo through systematic drilling, resource expansion, and technical studies, aiming to progress the project toward a Preliminary Economic Assessment (PEA).

In December 2025, Sirios completed a transformational combination with OVI Mining, creating a district-scale gold platform anchored by Cheechoo and complemented by the Corvet Est and PLEX projects. The transaction integrates Sirios into the Osisko development ecosystem, strengthening the leadership team with proven mine-building and capital markets expertise while maintaining the company’s deep geological knowledge of the James Bay region.

With over 30 years of continuous exploration in James Bay and strong partnerships with local and Indigenous communities, Sirios is well-positioned to create value through disciplined project advancement and exploration-driven growth. The company’s combination of experience, strategic assets, and community engagement underpins its long-term growth strategy.

Company Highlights

• Flagship Cheechoo gold project hosts approximately 3 million ounces of gold, including 1.3 million ounces indicated and 1.7 million ounces inferred, including additional underground resources
• Located in Eeyou Istchee James Bay, Québec, a Tier-1 mining jurisdiction with strong government and community support
• Low strip ratio (2.9:1) and high gold recoveries (92 percent) support attractive open-pit development potential at Cheechoo
• Strategic combination with OVI Mining brings Osisko-backed leadership, capital markets strength and additional district-scale exploration assets
• Well-funded with recent treasury additions, supporting advancement of Cheechoo toward a preliminary economic assessment (PEA) and ongoing exploration across the portfolio

This Sirios Resources profile is part of a paid investor education campaign.*

Click here to connect with Sirios Resources (TSXV:SOI) to receive an Investor Presentation