Paragon Advanced Labs and Scout Discoveries Announce Partnership Agreement to Set a New Standard for Exploration Speed

Executive Summary

• Paragon Advanced Labs Inc. has entered a strategic partnership with Scout Discoveries Corp. to launch a co‑branded sample preparation facility (“Scout Analytical, Powered by Paragon”) at Scout’s northern hub in Coeur d’Alene, Idaho.
• The new facility integrates local sample prep with Paragon’s ISO‑certified analytical lab and PhotonAssay™ technology, delivering assay turnaround in days rather than weeks and providing Tier‑1 priority processing for Scout and its partners.
• Facility construction is slated for completion by Q1 2026, coinciding with the start of the spring drilling season, and includes provisions to expand a reciprocal core‑processing site in Sparks, Nevada.

Key Details

• Partnership Scope: Paragon will operate the sample preparation facility; Scout supplies the Orbis OM50WM crusher/pulverizer (transfer valued at assay credits equal to its sale amount).
• Facility Capabilities:
• Advanced Orbis crushing and pulverizing systems optimized for PhotonAssay™.
• ISO‑certified fire assay and Chrysos PhotonAssay™ network for rapid, high‑precision gold analysis.
• Priority (Tier‑1) processing lanes for Scout’s own projects and third‑party partners.
• Service Offering: Open to all third parties; Paragon provides preferred rates and priority lanes for Scout and its partners.
• Geographic Expansion: Agreement includes a provision for Scout to assist Paragon in establishing a reciprocal core‑processing facility in Sparks, Nevada, with future inclusion of core‑cutting services.
• Operational Timeline: Facility expected to be fully operational by Q1 2026, aligning with the launch of the spring drilling season on the Idaho Copper Belt and adjacent Silver Valley.
• Strategic Rationale: Eliminates shipping delays and long assay queues, enabling faster data‑driven drilling decisions and accelerating overall exploration timelines.

Notable Quotes

“This partnership is exactly the kind of strategic move that defines Scout's approach to vertical integration of the discovery process… we are fundamentally changing the pace of exploration for our own projects and for our partners, by cutting weeks off the assay turnaround time.” – Dr. Curtis Johnson, President & CEO, Scout Discoveries Corp.

“Paragon is committed to being where the discovery action is… partnering with Scout allows us to deploy our ‘Powered by Paragon’ model in a way that benefits the entire regional mining community.” – Peter Shippen, CEO, Paragon Advanced Labs Inc.