Bronco Resources Placer Mountan Property Update

Executive Summary

• Bronco Resources has increased the size of its Placer Mountain property in Southern BC to 17,036 ha by staking an additional 2,582 ha.
• A recent forest fire cleared vegetation over a highly prospective “Quartz Corridor,” prompting immediate prospecting and sampling activities.
• The company plans to launch an aggressive drilling program once the current prospecting and sampling phase is completed.

Key Details

• Property Expansion: 2,582 ha newly staked, bringing total acreage to 17,036 ha (see Figure 1).
• Fire Impact: Spring‑summer 2025 forest fire burned a significant portion of the property, including the Quartz Corridor and areas around the Main Vein and Kodiak Zone.
• Current Activities: Prospecting and sampling are underway on newly cleared ground, logged roads, and burn‑affected zones to evaluate gold potential.
• Future Work: An aggressive drilling program is planned after completion of the prospecting/sampling phase; details (drill holes, depths, targets) will be disclosed later.
• Historical Context: Main Vein discovered in 2008 via logging roads; Kodiak Zone identified later in logged areas, both demonstrating the value of road access for exploration.
• CEO Comment: Corbin Stewart highlighted that while the fire was a tragedy, it opened up previously vegetated ground, creating “silver‑lining” opportunities for gold exploration amid all‑time high gold prices.

Notable Quotes

“While any forest fire is a tragedy, there is silver lining for Bronco as a large portion of the project has been burned including the most prospective trend… We are focused on prospecting and sampling this area thoroughly throughout the fall… The Company is planning an aggressive drilling program once the current prospecting and sampling program is completed.” – Corbin Stewart, CEO

Materiality Assessment: Non‑Material – Positive (operational update with no immediate financial impact, but indicates potential future value creation).