TSX: SEA (SEA.TO)
NYSE: SA

2026 Objectives

Corporate Objective

1. Enter a partnership agreement for KSM with a major mining company that has the technical, financial and social wherewithal to build and operate the project

30% Weighting

2. Exit 2026 with more gold resources per common share than reported at year end 2025 (based on including 100% of KSM and Courageous Lake)

10% Weighting

Project Objectives

3. Initiate and advance KSM bankable feasibility study in alignment with partner

5% Weighting

4. Receive the amended M245 permit for building the Mitchell Treaty Tunnels (“MTT”) and associated infrastructure

5% Weighting

5. Complete construction of the Treaty Creek switching station to enable the “green” power hookup of KSM to the BC Hydro Northwest Transmission line

5% Weighting

6. Take all necessary actions to oppose judicial proceedings initiated by third parties challenging our Substantial Start Designation and seeking to prevent our Mitchell Treaty Tunnels from proceeding as proposed

5% Weighting

7. Spin out the Courageous Lake project to our shareholders in a new publicly traded company

5% Weighting

Environment /Social /Governance Objective

8. Maintain positive relationships with Treaty and First Nation groups and communities in proximity to our projects, evidenced by tracking feedback, implementing collaborative initiatives, and entering into contracting agreements

10% Weighting

Exploration Objective

9. Publish a maiden gold-copper mineral resource estimate for Iskut’s Snip North deposit and complete a follow-up drill program of at least 15,000 meters (17 to 20 holes) designed to find the limits of the deposit

10% Weighting

Health and Safety Objective

10. Deliver a strong, proactive behavior-based safety culture with a TRIF below 1.5, supported by tracking safety metrics, collaborating on initiatives, and establishing HSS-aligned contracts

10% Weighting