Trekor Metals Ltd

Study highlights include:*

• Major Economic Driver: The Yellowhead Project will generate total economic output in Canada of approximately $47 billion and value-added GDP of $27.3 billion. Approximately 70% of this economic activity will occur in BC’s Thompson-Nicola region, contributing $33 billion in economic output and $20 billion in value-added GDP to the region.

• Catalyst for Local/Regional Employment: During mine operations, Yellowhead will directly employ approximately 525 workers. The Project will also support 3,305 total jobs, including direct, indirect and induced employment.

• Stable, Well-Paid Jobs: Yellowhead will provide secure, long-term, well-compensated employment opportunities, with total compensation for direct workers averaging $153,000 per year (more than double the average income in the region). The mine’s direct payroll in the Thompson-Nicola region will total $81 million per year during operations and more than $2 billion over a 25-year operating life.

• Significant Construction-Phase Benefits: During its 2–3 year construction phase, Yellowhead will generate an estimated $835 million in labour income, mostly within B.C., while providing a substantial economic boost for local communities and businesses.

• Significant Contributions to Government: The Yellowhead Project will be a major contributor to government revenues at the local, provincial, and national levels, supporting essential programs and services. Over the construction and operations phases, Yellowhead will generate approximately $7 billion in payments to governments in Canada.

• Leading Producer of Critical Minerals: Yellowhead will be a major new source of copper in Canada, with average annual life-of-mine production of 178 million pounds of copper in concentrate over the 25 year mine life. This level of production will make it the country’s second-largest copper producer, increasing Canada’s annual copper output by 16% over 2025 levels.

• Copper is a critical material in a wide range of construction, industrial and technology applications, and is subject to rapidly expanding market demand associated with renewable energy systems, electrification and electric vehicles, defense spending, and AI data center development. Copper is designated a Critical Mineral by the governments of British Columbia and Canada.

“The Yellowhead Project represents a significant opportunity for job creation and economic growth, locally and nationally. It will be a catalyst for regional employment, creating well-paid jobs for a generation of BC workers. The mine, which is designed to produce 178 million pounds of copper annually over a 25-year mine life, would strengthen BC’s provincial economy and improve national trade diversification,” commented Stuart McDonald, Trekor President & CEO.

Trekor’s North American copper business is growing significantly in the near-term, with the addition of new copper production this year from Florence Copper in Arizona to existing production from the Company’s flagship asset – the Gibraltar copper mine in BC’s Cariboo region. Future production from Yellowhead would establish Trekor as one of the largest copper producers in North America.