A mineral exploration company focused on the next Canadian gold discovery

Board and Management

Thomas Obradovich

Chief Executive Officer

Thomas Obradovich is a graduate of the Haileybury School of Mines in Mining Technology and Advanced Field Geophysics. He has a wide range of experience in mining exploration, development and financing. Over a career of forty-two years, he cofounded Canadian Royalties Inc., which discovered and developed the Raglan South Nickel Belt. He then acquired most of the Matachewan Gold Camp and through a reverse takeover of Young-Davidson Mines upgraded and doubled the resource which was subsequently acquired by Northgate Minerals in 2005. The project is currently in production producing over 200,000 oz Au per year for Alamos Gold Inc. He was one of the founders of Aurelian Resources Inc. which discovered the Fruta Del Norte gold deposit in Ecuador and was subsequently acquired by Kinross Gold Corporation for Cdn $1.2 billion dollars. The project was eventually put into production by Lundin Gold and is one of lowest cost gold producers in the world, producing in excess of 450,000 oz Au annually

Graham Warren

Chief Financial Officer

Mr. Warren is a senior financial executive with over 30 years of experience with emerging and established companies primarily in the mining and oil and gas sectors. Mr. Warren has considerable operations, corporate finance, board and public markets expertise, as well as extensive global experience, including Africa, South America and China. Mr. Warren currently serves as Chief Financial Officer and provides corporate secretarial services to two publicly traded companies, as well, he serves on the board of directors of two TSX Venture Exchange listed companies

William Rand

Chairman

William Rand received a Bachelor of Commerce degree (Honours Economics) from McGill University, a law degree from Dalhousie University, a Master of Laws degree in international law from the London School of Economics and a Doctor of Laws honoris causa from Dalhousie University. Mr. Rand practiced securities law in Vancouver, British Columbia, for nearly 25 yearsbefore retiring in October 1992 to establish Rand Edgar Capital Corp., an investment/banking, venture capital company

Chris Taylor

Director

Chris Taylor is a structural and economic geologist with over two decades of experience in both junior exploration and mid-tier mining companies. As the Founder, CEO and Director of Great Bear Resources, he led the company to a major district-scale gold discovery in Canada, which culminated in its acquisition by Kinross Gold for Cdn $1.8 billion dollars. Chris has received numerous prestigious awards, including PDAC’s 2023 Bill Dennis Award, Northern Miner’s 2021 Mining Person of the Year, and Kitco’s 2021 Mining CEO of the Year

Timothy Young

Director

Timothy Young is a second-generation prospector with over 30 years experience in mineral exploration. He focuses on property acquisitions, land assembly and royalty transactions

Blair Zaritsky

Director

Blair Zaritsky is currently the CFO of Osisko Metals Inc., and has more than 15 years of experience managing audit engagements for publicly listed companies on Canadian exchanges. He was previously the CFO of Osisko Mining Inc., a Canadian developer that was sold to Gold Fields Ltd. for C$2.2 billion. Mr. Zaritsky earned his Chartered Professional Accountant designation in 2003 and holds dual Bachelor of Arts degrees in accounting and economics from Brock University and Western University, respectively.

South Uchi Project

In November 2024, Auranova entered an Option Agreement with Kenorland Minerals Ltd. for the right to earn up to 70% of the South Uchi Project. In June 2025, Auranova earned 51% of the Project

The Project is located in the Red Lake district of Northwestern Ontario, 45 km on trend to Kinross Gold’s Great Bear deposit

The regional, east-west striking deformation zones have strongly deformed the underlying Confederation Assemblage volcanic rocks, a similar geologic setting to the Great Bear deposit

Auranova, in partnership with Kenorland, completed its maiden drilling program in May 2025 at the Papaonga target area in May 2025

  • 27 diamond drillholes totalling 14,363 metres

  • New gold system confirmed, with widespread mineralisation intersected

  • 25 of 27 drill holes (93%) intersected intervals of gold assaying at least 0.1 g/t Au

  • 15 of 27 drill holes (56%) intersected intervals of gold assaying at least 1.00 g/t Au

  • 6 of 27 drill holes (22%) intersected intervals of gold assaying at least 5.00 g/t Au

M: Measured Mineral Resources; I: Indicated Mineral Resources; Inf: Inferred Mineral Resources. Information provided from the respective Company websites.*Development project or advanced project likely to become a producer

Strong gold geochemical anomaly in an underexplored greenstone belt

  1. During 2021-2024, Kenorland Minerals (and Barrick Gold Corporation) discovered strong gold-in-till values over the Papaonga Target with a high percentage of pristine grains

  2. Multiple bedrock samples within the geochemical anomaly recorded > 1/gt Au values

  3. There has been no historical drilling on any of the targets identified

Diorite till samples: 91% pristine grains

Clastic sed. till samples: 38% pristine grains

Mafic volcanic till samples: 33% pristine grains

Multiple bedrock hits above 1 g/t gold within the geochemical anomaly (albeit limited outcrop)

2025 maiden drill program (phase 1) confirmed new gold system

Phase 1:

The maiden drill program consisted of 27 diamond drill holes totalling 14,363 metres, testing the Papaonga target over an 8 km by 3 km area, within the large gold-in-till and heavy mineral concentrate (HMC) gold grain anomalies, underlain by bedrock mineralisation consisting of quartz-sulphide veins and disseminated sulphide (see press release dated September 11, 2024)

Widely spaced drill fences, ~500 metres to greater than 1 kilometre apart, successfully confirmed a new gold system (see press release dated July 2, 2025).

A significant gold bearing structural corridor was intersected in multiple drill holes traced over a 5 kilometre strike length, trending east-west across the target area and remains open. Details include:

  • Drill hole 25PADD023, drilled along the most eastern fence, intersected 0.50m at 7.57 g/t Au and 9.50m at 1.19 g/t Au including 0.50m at 4.76 g/t Au.

  • Approximately 3 kilometres to the west along strike, drill hole 25PADD016 intersected widespread gold anomalism including 1.35m at 7.00 g/t Au, 34.50m at 0.11 g/t Au, and 30.50m at 0.13 g/t Au.

  • Further to the west, approximately 1.5 kilometres along strike, drill hole 25PADD027 intersected numerous zones of notable gold mineralisation including 25.50m at 0.20 g/t Au, 1.00m at 14.60 g/t Au, and 8.50m at 0.48 g/t Au.

Phase 2:

A Phase 2 drill program, up to 5,000m, is scheduled for late summer 2025, focused on expanding on the newly discovered gold-bearing structural corridor identified during the maiden drill program.