Property

Turner’s Ridge Property

Turner’s Ridge Property is comprised of 2 map-staked mineral exploration licences containing a total of 9 mineral claims covering 225 ha. The Property is located in western Newfoundland within the Province of Newfoundland and Labrador,

Exploration Highlights

Turner’s Ridge is an early-stage exploration property in western Newfoundland and Labrador. Historical and recent exploration has identified lead-zinc-silver mineralization associated with brecciated dolostone. Lynx completed soil sampling, prospecting and channel sampling in 2023, and historical operators previously completed drilling on and around the Property. The Property does not contain a current mineral resource or mineral reserve estimate. Further exploration is required to determine the significance of the mineralization. For additional technical information, please refer to the Company’s NI 43-101 technical report titled Technical Report for the Turner’s Ridge Property, Newfoundland and Labrador, Canada.

Mineralization and Deposit Type

Turner’s Ridge hosts coarse to fine-grained galena with calcite, barite, pyrite, and sphalerite in intensely brecciated Silurian dolostone, where brecciation and alteration provided structural traps for lead-rich fluids likely sourced from the nearby Carboniferous Deer Lake Basin.

The mineralization represents a Mississippi Valley-Type (MVT) lead-zinc-silver system—stratabound, epigenetic, and carbonate-hosted—analogous to deposits at Port au Port and Daniel’s Harbour in western Newfoundland.

NI 43-101 Technical Report

effective December 1, 2023