Sawmill Canyon (Frisco) Quarterly Report for Q2 2020

Kennecott Exploration (KEX) commenced a four-hole, ~2000m drill program to test for high grade mineralization at the Cactus Breccia and Accrington Skarn as well as a blind IP anomaly at Reciprocity. Site preparations and earthworks began on May 8th with the Boart Longyear (BLY) LF-90 arriving shortly after. As of June 30th, two drill holes have been completed at the Cactus Breccia and a third hole was started at Reciprocity. Brief geologic summaries of the drill core are being captured in Milford, UT with all core subsequently shipped back to KEX’s warehouse in Salt Lake City (SLC) for detailed core logging.