The 100%-owned Pedra Branca Gold Project in Ceará State, Brazil spans 52,828+ hectares across a 50 km mineralized trend with 13 identified targets — only three of which have been drilled to date.

The maiden resource of 180,000 oz Au at 1.38 g/t sits at an average depth of just 30 metres, with the deepest hole reaching only 85m. Comparable orogenic gold deposits in greenstone belts are routinely mined at depths of 2–3 km.

A Phase III drill program (5,000m, 2 rigs) with financing underway kicks off in Q2 2026 — the first exploration news flow in over three years. Gold has nearly tripled since the resource estimate, yet the stock has not re-rated.