Great Western Mining (GWMO) Investor update summary

Strategic partnership and asset pooling

• Entered a pooling agreement with Bronco Creek Exploration, a division of EMX Royalty, to combine claims at the East Side Mine Group, with a 30/70 split in ownership and benefits; no formal joint venture is created.

• Bronco Creek will operate the project, leveraging their resources and industry connections to attract larger partners and funding.

• The partnership provides exposure to a wider audience and potential acquirers, enhancing the project's attractiveness and aligning with a strategy to attract project-level funding without shareholder recourse.

• No significant financial commitment is planned; the focus is on packaging the asset for potential sale or partnership.

• This marks the first copper deal with another company, signaling a strategic shift and growth opportunity.

Project background and outlook

• East Side Mine Group is a copper porphyry prospect with positive geophysical survey results, intense quartz-sericite-pyrite alteration, and expert validation, indicating a significant porphyry copper system.

• The area has been underexplored due to limited resources and focus on other projects like Huntoon Valley.

• The pooling deal allows for shared development and risk, with Bronco Creek bringing operational capacity.

• Timeline for attracting industry partners remains open, but Bronco Creek has shown efficiency and promptness.

Exploration and resource highlights

• Two potential porphyry copper deposits identified: Huntoon copper project and Eastside Mine, both in Mineral County, Nevada.

• Established a JORC-compliant mineral resource at M2: 4.3 million tonnes at 0.45% copper (19,000 tonnes contained copper).

• Inferred resource at Olympic Gold Project tailings: 31,000 tonnes grading 1.6 g/t gold and 3.0 g/t silver.

• Additional exploration targets reported at Olympic Mine and Mineral Jackpot for gold and silver recovery.