The 100%-owned Pedra Branca Gold Project in Ceará State, Brazil spans over 50,000 hectares across a 50 km prospective 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 starts at surface — trenching cut resource-grade gold at 0m — with the deepest drill hole reaching only 201m. Comparable orogenic gold deposits in greenstone belts are routinely mined at depths of 2–3 km.

A fully funded Phase III drill program (5,000m) is underway as of 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.