INDEPENDENT TECHNICAL VERIFICATION

Geological, drilling, assay, and ASTM C618 data maintained for diligence review.

✓ Drilling verification (PDH-1A, PDH-2A, PDH-3A)
✓ Independent ALS assays & geological modelling
✓ Two volumetric models confirming multi-billion-cubic-yard scale
✓ Multi-decade production potential from large, near-surface pozzolan horizons
✓ ASTM C618 certification confirming SCM-grade pozzolan
✓ Geological report with mapping & drill logs
✓ Independent ALS assay data
✓ Qualified Person technical materials and declarations (2013)
✓ Measured / Indicated / Inferred volume estimates (per underlying technical work)
✓ ASTM C618 performance & engineering test work
✓ Independent Engineer’s Report (2025)
✓ Qualified-Person certification materials
✓ Structured to support secured project financing and infrastructure / transition capital pathways, subject to verification and definitive documentation
✓ Multi-commodity gross value snapshot covering multiple minerals and Class N pozzolan
✓ Rare-earth and green-bond–aligned industrial minerals platform supporting low‑carbon infrastructure objectives

Qualified Technical Personnel

Environmental Minerals Inc. relies on independent, highly credentialed professionals to evaluate and certify the geology, resources, and performance characteristics of our Dunmovin natural pozzolan deposit.

Frederic C. Johnson, P.G.

Mr. Johnson is a licensed Professional Geologist in the State of Utah (No. 5223618-2250) and President of Industrial Mineral Developments, Inc. He directed the drilling program and authored the comprehensive December 2013 report “Environmental Minerals, Inc. Pozzolan Resource Volume Estimates for Mining Production,” which documents the geology, drilling, sampling, and resource volume calculations for the Dunmovin natural pozzolan deposit. Mr. Johnson serves as the Qualified Person for geological interpretation and mineral resource estimation for the project. He has approximately 50 years of industry experience and is recognized as a Qualified Person for Regulation S‑K 1300 Technical Report Summary purposes and for NI 43‑101 Form 43‑101F1– style technical reporting.

A true and accurate copy of his original signed Professional Geologist certification appears on page 15 of the 143‑page drilling and mapping report; a reproduction of that stamp and signature block is shown below to evidence continuity of QP oversight for Environmental Minerals Inc.

Professional Geologist stamp and signature for Frederic C. Johnson, P.G., State of Utah No. 5223618-2250

Robert L. Day, Ph.D., P.Eng. (Pozzolan and Cement Materials Specialist)

Dr. Day is a civil engineer and materials specialist who authored the “Pozzolans for Use in Low-Cost Housing” state-of-the-art report for the International Development Research Centre (IDRC) while at the Department of Civil Engineering, University of Calgary. His work provides independent, peer-reviewed guidance on the classification, reactivity, and engineering performance of natural pozzolans and blended cements. Dr. Day’s expertise supports the characterization of EMI’s pozzolan in relation to ASTM and international performance standards.

Gregory J. Iseman (Analytical and Assay Specialist)

Mr. Iseman is the principal of Iseman Consulting in Henderson, Nevada, and has conducted extensive analytical work on precious‑metal bearing samples associated with EMI’s broader mineral projects. His laboratory reports document microwave digestion, fire‑inquart, electrowinning, and related analytical methods, providing an independent check on assay quality and metal values where relevant.

Dr. Robert Smith, Ph.D. (Pozzolan Performance and ASTM Compliance Specialist)

Dr. Smith is a senior materials scientist with Resource Materials Testing, Inc. (RMT) in North Carolina, where he specializes in ASTM qualification of supplementary cementitious materials. RMT conducted ASTM C618 testing on EMI surface and drill‑core samples and Dr. Smith authored the pozzolan evaluation report and opinion letter confirming that EMI’s Dunmovin material meets, and in several respects exceeds, the chemistry and performance requirements for Class N natural pozzolan. His independent assessment provides third‑party validation of EMI’s product quality and long‑term durability performance in concrete.

Together, these independent professionals provide third‑party technical validation of the geological model, resource volumes, and performance characteristics of Environmental Minerals Inc.’s natural pozzolan and associated mineral assets.

NATURAL POZZOLAN FOR THE NEXT GENERATION OF CEMENT & CONCRETE

Environmental Minerals Inc. controls three mine sites, including a historic California operation originally associated with major Los Angeles aqueduct and Hoover Dam infrastructure projects. The company also manages a significant natural pozzolan system across the western United States. EMI’s ongoing programs encompass drilling, geochemical analysis, and independent ASTM C618 performance testing to establish Class N supplementary cementitious material (SCM) certification, with all supporting technical data maintained for due diligence review.

The material is clean, consistent, low‑carbon, and requires only simple crushing and screening, enabling large‑scale SCM supply to West Coast concrete markets facing structural fly‑ash shortages. With direct highway access, minimal overburden, and independently verified volumetrics, EMI supports long‑life production planning and infrastructure‑grade diligence pathways.

INDUSTRIAL SCALE, ECONOMICS & MULTI‑COMMODITY VALUE

Independent Qualified Person volumetric work completed in 2013 and reviewed in a 2025 Independent Engineer’s Report indicates between approximately 4.1 and 6.2 billion cubic yards of pozzolan volcanic units on EMI’s Dunmovin claims, corresponding to roughly 600–750 million tons of ASTM C618‑compliant material categorized as measured, indicated, and inferred mineral resources as defined in the underlying technical reports.

At a modelled production rate of 3 million tons per year and a reference pozzolan price of 110 dollars per ton, the Independent Engineer calculates illustrative revenues of about 330 million dollars per year with EBITDA margins in the 40–50 percent range.

PRECIOUS‑METALS & MULTI‑COMMODITY GROSS VALUE

The NSH‑EMI ore‑body snapshot aggregates assay‑based “gross book value” estimates for multiple minerals in the complex ore (gold, silver, platinum, palladium, iridium, rhodium, and aluminium oxide/iron) across roughly 4 billion tons of ore. Based on an independent geologist and Qualified Person analysis, the fact sheet presents a “total estimated” of approximately $16.553 billion in gross value for the integrated portfolio, including Class N pozzolan and regional precious‑metals potential. These figures are not mineral reserves, and must not be construed as such, but are used for high‑level screening of resource potential and for framing engineering, planning, or discussion assumptions.