The Granite Beaver Tungsten Project represents a commanding, district-scale exploration opportunity, consolidating 25 lode claims over a historically productive, 8-mile-long tungsten trend in the Mineral Mountains of Beaver County, Utah. This is a premier brownfields project, anchored by numerous past-producing mines including the Big Pass (formerly Strategic Metals), Beaver View, and the highly productive Contact and Garnet mines. The project’s potential is underpinned by a well-understood and predictable geological model where high-grade scheelite mineralization is hosted in tactite zones formed at the contact between the large Mineral Range granite pluton and reactive limestone beds. This geological consistency provides a unified and low-risk exploration framework with multiple, immediate targets for resource definition and expansion.

The economic merit of the project is firmly established by a history of high-grade production, such as the 634.2 tons averaging 0.640% WO₃ from the Garnet Group and 278.6 tons averaging 0.789% WO₃ from the Big Pass mine. Furthermore, a consistent association with gold, silver, lead, and copper mineralization across the district presents a significant opportunity for valuable by-product credits, enhancing overall project viability. The project offers a dual-track path to value creation: near-term potential from walk-up drill targets aimed at expanding known high-grade zones, and the long-term potential to delineate a large-tonnage resource of tungsten, a critical strategic metal essential for national and economic security. This consolidation of a proven, high-grade tungsten district offers a rare opportunity to develop a significant domestic strategic mineral asset.