Cohort median — 111 projects in the current filter 0.13 Mt Pb 0.97% 0.16 Mt Pb 1.21% — Mount Isa Glencore plc LSE:GLEN — — — 32.48 Mt Pb 2.67% 7.33 Mt Pb 2.68% 31 Dec 2025 La Colorada exc Pan American Silver Corp. TSX:PAAS Zacatecas, Mexico Producing 100.0% 4.54 Mt Pb 1.31% 0.11 Mt Pb 1.21% 30 June 2025 Red Dog exc TECK RESOURCES LTD NYSE:TECK Alaska, United States Producing 100.0% 3.81 Mt Pb 3.99% 0.71 Mt Pb 3.10% 31 Dec 2025 Kazzinc Glencore plc LSE:GLEN — — — 3.54 Mt Pb 0.94% 0.88 Mt Pb 1.05% 31 Dec 2025 Hermosa SOUTH32 LIMITED ASX:S32 Arizona, United States Developing 100.0% 2.75 Mt Pb 3.35% 3.19 Mt Pb 4.90% 30 June 2025 Cannington SOUTH32 LIMITED ASX:S32 Queensland, Australia Producing 100.0% 2.43 Mt Pb 3.89% 0.53 Mt Pb 5.30% 30 June 2025 McArthur River Glencore plc LSE:GLEN — — — 2.43 Mt Pb 4.21% 2.95 Mt Pb 4.15% 31 Dec 2025 Iska Iska Eloro Resources Ltd. TSX:ELO Potosi, Bolivia Exploring 100.0% 2.10 Mt Pb 0.21% — — 22 Apr 2026 Maronan MARONAN METALS LIMITED ASX:MMA Queensland, Australia Developing 100.0% 1.98 Mt Pb 5.94% — — 31 May 2025 NVRO Metals Hub NVRO Metals Limited TSXV:NVRO Northern Territory, Australia Developing 100.0% 1.82 Mt Pb 2.35% — — 31 May 2026 MATSA SANDFIRE RESOURCES LIMITED ASX:SFR Spain Producing 100.0% 1.73 Mt Pb 1.00% 0.27 Mt Pb 0.77% 31 Dec 2025 Jiama China Gold International Resources Corp. Ltd. TSX:CGG Tibet Autonomous Region, China Producing 100.0% 1.43 Mt Pb 0.08% — — 30 June 2026 Santa Barbara exc SOUTHERN COPPER CORP/ NYSE:SCCO Chihuahua, Mexico Producing — 1.15 Mt Pb 1.80% — — 31 Dec 2025 Lucerito Fresnillo plc LSE:FRES — — — 1.00 Mt Pb 0.16% — — 31 Dec 2025 Zinkgruvan Lundin Mining Corporation TSX:LUN Sweden Producing 100.0% 0.87 Mt Pb 3.96% 0.39 Mt Pb 3.45% 31 Dec 2024 Neves-Corvo Lundin Mining Corporation TSX:LUN Portugal Producing 100.0% 0.76 Mt Pb 0.81% 0.39 Mt Pb 1.01% 31 Dec 2024 Aripuanã exc Nexa Resources S.A. NYSE:NEXA Mato Grosso, Brazil Producing 100.0% 0.57 Mt Pb 1.18% 0.54 Mt Pb 1.57% 31 Dec 2025 Sasa CENTRAL ASIA METALS PLC ORD USD0.01 AIM:CAML North Macedonia Producing 100.0% 0.57 Mt Pb 3.90% 0.24 Mt Pb 3.50% 31 Dec 2025 Pallas Green Glencore plc LSE:GLEN — — — 0.55 Mt Pb 1.22% — — 31 Dec 2025 Peñasquito exc NEWMONT Corp /DE/ NYSE:NEM Zacatecas, Mexico Producing 100.0% 0.50 Mt Pb 0.23% 0.70 Mt Pb 0.30% 31 Dec 2025 Hackett River Glencore plc LSE:GLEN — — — 0.47 Mt Pb 0.53% — — 31 Dec 2025 Hilarión exc Nexa Resources S.A. NYSE:NEXA Peru Exploring 83.5% 0.46 Mt Pb 0.50% — — 31 Dec 2025 Lucky Friday exc HECLA MINING CO/DE/ NYSE:HL Idaho, United States Producing 100.0% 0.39 Mt Pb 7.53% 0.41 Mt Pb 7.12% 31 Dec 2025 Rogozna STRICKLAND METALS LIMITED ASX:STK Serbia Developing 100.0% 0.38 Mt Pb 0.22% — — 15 Apr 2026 Silvertip exc Coeur Mining, Inc. NYSE:CDE British Columbia, Canada Exploring 100.0% 0.37 Mt Pb 3.61% — — 31 Dec 2025 Saucito Fresnillo plc LSE:FRES Zacatecas, Mexico Producing 100.0% 0.37 Mt Pb 1.12% 0.20 Mt Pb 1.14% 30 Apr 2025 Bowdens Silver SILVER MINES LIMITED ASX:SVL New South Wales, Australia Developing 100.0% 0.35 Mt Pb 0.28% 0.13 Mt Pb 0.26% 21 July 2026 Fresnillo/Proaño Mine Fresnillo plc LSE:FRES Zacatecas, Mexico Producing — 0.35 Mt Pb 0.98% 0.20 Mt Pb 0.95% 30 Apr 2025 Ambler Metals SOUTH32 LIMITED ASX:S32 Alaska, United States Exploring 50.0% 0.34 Mt Pb 0.79% — — 30 June 2025 Juanicipio Pan American Silver Corp. TSX:PAAS Zacatecas, Mexico Producing 44.0% 0.32 Mt Pb 2.35% 0.42 Mt Pb 2.25% 30 June 2024 Nueva Recuperada Silver X Mining Corp. TSXV:AGX Huancavelica, Peru Producing — 0.32 Mt Pb 1.99% — — 31 May 2025 Soracaya Santacruz Silver Mining Ltd. TSXV:SCZ Bolivia Exploring — 0.30 Mt Pb 7.23% — — 01 Jan 2024 Olympias ELDORADO GOLD CORP /FI NYSE:EGO Greece Producing 100.0% 0.28 Mt Pb 4.82% 0.36 Mt Pb 3.90% 30 Sept 2025 El Porvenir exc Nexa Resources S.A. NYSE:NEXA Peru Producing 83.5% 0.28 Mt Pb 1.17% 0.16 Mt Pb 0.99% 31 Dec 2025 Waterpump Creek Alaska Silver Corp. TSXV:WAM Alaska, USA Exploring 100.0% 0.23 Mt Pb 9.87% — — 20 Feb 2024 Greens Creek exc HECLA MINING CO/DE/ NYSE:HL Alaska, United States Producing 100.0% 0.22 Mt Pb 3.36% 0.22 Mt Pb 2.30% 31 Dec 2025 Florida Canyon Zinc exc Nexa Resources S.A. NYSE:NEXA Peru Exploring 51.0% 0.22 Mt Pb 1.27% — — 31 Dec 2025 San Martin exc SOUTHERN COPPER CORP/ NYSE:SCCO Zacatecas, Mexico Producing — 0.22 Mt Pb 0.32% — — 31 Dec 2025 Kempfield ARGENT MINERALS LIMITED ASX:ARD New South Wales, Australia Developing 100.0% 0.21 Mt Pb 0.33% — — 25 July 2024 Juanicipio Fresnillo plc LSE:FRES Mexico Producing 56.0% 0.21 Mt Pb 2.06% 0.45 Mt Pb 2.14% 30 Apr 2025 Stratoni ELDORADO GOLD CORP /FI NYSE:EGO Greece Exploring 100.0% 0.21 Mt Pb 6.51% — — 30 Sept 2025 Wonawinta MANUKA RESOURCES LTD. ASX:MKR New South Wales, Australia Producing 100.0% 0.21 Mt Pb 0.54% — — 01 Apr 2021 Marg Azarga Metals Corp. TSXV:AZR Yukon, Canada Exploring 100.0% 0.20 Mt Pb 1.42% — — 29 Aug 2025 Atacocha exc Nexa Resources S.A. NYSE:NEXA Peru Developing 83.0% 0.20 Mt Pb 1.01% 0.12 Mt Pb 1.27% 31 Dec 2025 Lewis Ponds GODOLPHIN RESOURCES LIMITED ASX:GRL New South Wales, Australia Developing 100.0% 0.19 Mt Pb 1.10% — — 15 Dec 2025 O'Callaghans GREATLAND RESOURCES LIMITED ASX:GGP Western Australia, Australia Exploring 100.0% 0.18 Mt Pb 0.28% — — 31 Dec 2025 Uchucchacua/Yumpag exc BUENAVENTURA MINING CO INC NYSE:BVN Peru Producing 100.0% 0.18 Mt Pb 1.48% 0.08 Mt Pb 1.11% 31 Dec 2025 Cerro Leon UNICO SILVER LIMITED ASX:USL Santa Cruz, Argentina Developing 100.0% 0.17 Mt Pb 0.54% — — 23 Sept 2025 Pinguino-Sierra Blanca UNICO SILVER LIMITED ASX:USL Santa Cruz, Argentina Exploring 100.0% 0.17 Mt Pb 0.57% — — 23 Sept 2025 Los Gatos First Majestic Silver Corp. TSX:AG Chihuahua, Mexico Producing 70.0% 0.15 Mt Pb 2.21% 0.24 Mt Pb 1.76% 31 Dec 2025 Cozamin Capstone Copper Corp. TSX:CS Zacatecas, Mexico Producing 100.0% 0.15 Mt Pb 0.59% 0.03 Mt Pb 0.43% 01 Jan 2026 Orient East ILTANI RESOURCES LIMITED. ASX:ILT Queensland, Australia Exploring 100.0% 0.15 Mt Pb 0.75% — — 30 Oct 2025 Uchucchacua exc BUENAVENTURA MINING CO INC NYSE:BVN Peru Producing 100.0% 0.14 Mt Pb 1.35% 0.07 Mt Pb 1.36% 31 Dec 2023 Stonepark Group Eleven Resources Corp. TSXV:ZNG Ireland Exploring 78.6% 0.13 Mt Pb 2.60% — — 26 Apr 2018 Golden Grove 29METALS LIMITED ASX:29M Western Australia, Australia Producing 100.0% 0.13 Mt Pb 0.20% 0.04 Mt Pb 0.20% 31 Dec 2025 Orient West ILTANI RESOURCES LIMITED. ASX:ILT Queensland, Australia Exploring 100.0% 0.13 Mt Pb 0.59% — — 31 July 2025 FAD i-80 Gold Corp. TSX:IAU Nevada, USA Exploring 100.0% 0.13 Mt Pb 3.81% — — 31 Oct 2025 Canoe Landing Wolfden Resources Corporation TSXV:WLF New Brunswick, Canada Exploring 100.0% 0.13 Mt Pb 0.60% — — 15 Feb 2026 Trilogy MEDALLION METALS LIMITED. ASX:MM8 Western Australia, Australia Exploring — 0.12 Mt Pb 2.70% — — 31 Mar 2018 Peak AURELIA METALS LIMITED ASX:AMI New South Wales, Australia Producing 100.0% 0.12 Mt Pb 0.66% 0.01 Mt Pb 0.81% 30 June 2025 Leones Fresnillo plc LSE:FRES — — — 0.12 Mt Pb 1.29% — — 31 Dec 2025 Ayawilca Tinka Resources Limited TSXV:TK Peru Developing 100.0% 0.11 Mt Pb 0.20% — — 01 Jan 2024 Federation AURELIA METALS LIMITED ASX:AMI New South Wales, Australia Producing 100.0% 0.11 Mt Pb 4.40% 0.09 Mt Pb 4.10% 30 June 2025 Los Ricos North GoGold Resources Inc. TSX:GGD Jalisco, Mexico Exploring — 0.11 Mt Pb 0.82% — — 14 Jan 2025 Paris INVESTIGATOR SILVER LIMITED ASX:IVR South Australia, Australia Developing 100.0% 0.10 Mt Pb 0.41% — — 05 July 2023 Charcas exc SOUTHERN COPPER CORP/ NYSE:SCCO San Luis Potosi, Mexico Producing — 0.10 Mt Pb 0.30% — — 31 Dec 2025 Ciclón NORFOLK METALS LIMITED ASX:NFL Chile Exploring 100.0% 0.09 Mt Pb 0.80% — — 19 June 2026 Star exc HECLA MINING CO/DE/ NYSE:HL Idaho, United States Exploring 100.0% 0.09 Mt Pb 9.58% — — 31 Dec 2025 Cristina Talamore Mining Corp. TSX:TALA Chihuahua, Mexico Exploring 100.0% 0.09 Mt Pb 0.18% — — 01 Apr 2025 Pilarica Fresnillo plc LSE:FRES — — — 0.09 Mt Pb 1.21% — — 31 Dec 2025 Ciénega Fresnillo plc LSE:FRES Durango, Mexico Producing 100.0% 0.08 Mt Pb 0.69% 0.02 Mt Pb 0.43% 30 Apr 2025 Paulsens BLACK CAT SYNDICATE LIMITED ASX:BC8 Western Australia, Australia Producing 100.0% 0.08 Mt Pb 1.80% — — 29 June 2026 Sesmarias Avrupa Minerals Ltd. TSXV:AVU Portugal Exploring 100.0% 0.08 Mt Pb 1.20% — — 03 June 2026 Cusi Silverco Mining Ltd. TSXV:SICO Chihuahua, Mexico Developing 100.0% 0.07 Mt Pb 0.80% — — 20 Oct 2025 Bonsucesso exc Nexa Resources S.A. NYSE:NEXA Brazil Exploring 100.0% 0.07 Mt Pb 0.51% — — 31 Dec 2025 Escobal exc Pan American Silver Corp. TSX:PAAS Guatemala Developing 100.0% 0.07 Mt Pb 0.35% 0.20 Mt Pb 0.80% 30 June 2025 Del Toro First Majestic Silver Corp. TSX:AG Zacatecas, Mexico Exploring 100.0% 0.06 Mt Pb 3.61% — — 31 Dec 2020 Caballo Blanco Santacruz Silver Mining Ltd. TSXV:SCZ Bolivia Producing — 0.06 Mt Pb 2.42% 0.02 Mt Pb 1.90% 01 Jan 2023 Southern Ore Zone KINGSTON RESOURCES LIMITED ASX:KSN New South Wales, Australia Producing 100.0% 0.06 Mt Pb 1.13% 0.01 Mt Pb 1.90% 24 June 2026 Parker's Hill KINGSTON RESOURCES LIMITED ASX:KSN New South Wales, Australia Producing 100.0% 0.06 Mt Pb 1.67% — — 24 June 2026 Reliquias Silver Mountain Resources Inc. TSX:AGMR Huancavelica, Peru Developing 100.0% 0.06 Mt Pb 1.93% — — 01 Jan 2024 Achilles AUSTRALIAN GOLD AND COPPER LTD ASX:AGC New South Wales, Australia Exploring 100.0% 0.06 Mt Pb 0.53% — — 11 Dec 2025 Alamos Minaurum Silver Inc. TSXV:MGG Sonora, Mexico Exploring 100.0% 0.05 Mt Pb 0.97% — — 28 Jan 2026 Alamos Silver Minaurum Silver Inc. TSXV:MGG Sonora, Mexico Exploring 100.0% 0.05 Mt Pb 0.97% — — 08 Jan 2026 Arctic Trilogy Metals Inc. TSX:TMQ Alaska, United States Developing 50.0% 0.05 Mt Pb 0.78% 0.26 Mt Pb 0.56% 30 Nov 2025 Peak Zinc-Lead AURELIA METALS LIMITED ASX:AMI — — — 0.05 Mt Pb 3.01% 0.01 Mt Pb 1.90% 30 June 2025 Bolivar Santacruz Silver Mining Ltd. TSXV:SCZ Bolivia Producing 45.0% 0.05 Mt Pb 1.08% 0.01 Mt Pb 1.17% 01 Jan 2023 San Juan Silver exc HECLA MINING CO/DE/ NYSE:HL Colorado, United States Exploring 100.0% 0.04 Mt Pb 1.40% — — 31 Dec 2025 Cerro Lindo exc Nexa Resources S.A. NYSE:NEXA Peru Producing 83.5% 0.04 Mt Pb 0.30% 0.08 Mt Pb 0.19% 31 Dec 2025 El Tigre Silver Tiger Metals Inc. TSX:SLVR Sonora, Mexico Developing 100.0% 0.04 Mt Pb 0.60% — — 20 June 2025 Mallay Excellon Resources Inc. TSXV:EXN Peru Developing — 0.04 Mt Pb 3.14% — — 18 Feb 2026 Mt Carrington LEGACY MINERALS HOLDINGS LIMITED ASX:LGM NSW, Australia Developing — 0.04 Mt Pb 0.08% — — 30 July 2026 Whim Creek ANAX METALS LIMITED ASX:ANX Western Australia, Australia Developing 80.0% 0.04 Mt Pb 0.54% 0.03 Mt Pb 0.67% 21 Aug 2026 Thor Taranis Resources Inc. TSXV:TRO British Columbia, Canada Exploring 100.0% 0.03 Mt Pb 1.79% — — 11 Apr 2024 Vazante exc Nexa Resources S.A. NYSE:NEXA Minas Gerais, Brazil Producing 100.0% 0.03 Mt Pb 0.19% 0.03 Mt Pb 0.21% 31 Dec 2025 San Sebastian exc HECLA MINING CO/DE/ NYSE:HL Mexico Exploring 100.0% 0.03 Mt Pb 1.96% — — 31 Dec 2025 Johnson Tract Contango Silver & Gold Inc. NYSE:CTGO Alaska, United States Exploring 100.0% 0.03 Mt Pb 0.61% — — 12 May 2025 Keno Hill exc HECLA MINING CO/DE/ NYSE:HL Yukon, Canada Developing 100.0% 0.02 Mt Pb 2.18% 0.06 Mt Pb 2.90% 31 Dec 2025 Tassa PATRIOT RESOURCES LIMITED ASX:PAT Moquegua, Peru Exploring — 0.02 Mt Pb 0.12% — — 16 Feb 2026 Candameña Fresnillo plc LSE:FRES — — — 0.02 Mt Pb 0.03% — — 31 Dec 2025 Nymagee AURELIA METALS LIMITED ASX:AMI New South Wales, Australia Exploring 95.0% 0.02 Mt Pb 0.60% — — 30 June 2025 Puna exc SSR Mining Inc. TSX:SSRM Jujuy, Argentina Producing 100.0% 0.02 Mt Pb 0.94% 0.05 Mt Pb 1.06% 31 Dec 2025 Heemskirk STELLAR RESOURCES LIMITED ASX:SRZ Tasmania, Australia Developing — 0.02 Mt Pb 0.18% — — 23 Feb 2026 Peak Copper AURELIA METALS LIMITED ASX:AMI New South Wales, Australia Producing — 0.02 Mt Pb 0.10% 3 kt Pb 0.10% 30 June 2025 Estrades Galway Metals Inc. TSXV:GWM Québec, Canada Developing 100.0% 0.02 Mt Pb 0.36% — — 06 Dec 2024 Porco Santacruz Silver Mining Ltd. TSXV:SCZ Bolivia Producing 45.0% 0.01 Mt Pb 0.92% 2.3 kt Pb 0.72% 01 Jan 2023 Jack's Hut KINGSTON RESOURCES LIMITED ASX:KSN New South Wales, Australia Producing 100.0% 0.01 Mt Pb 0.85% — — 24 June 2026 Mt Clement (Eastern Hills) MARQUEE RESOURCES LIMITED ASX:MQR Western Australia, Australia Exploring 100.0% 0.01 Mt Pb 0.70% — — 17 Feb 2026 Columba Kootenay Silver Inc. TSXV:KTN Chihuahua, Mexico Exploring 100.0% 0.01 Mt Pb 0.19% — — 29 May 2025 El Brocal exc BUENAVENTURA MINING CO INC NYSE:BVN Peru Producing 61.4% 0.01 Mt Pb 0.89% 0.07 Mt Pb 1.82% 31 Dec 2025 Queen Bee AURELIA METALS LIMITED ASX:AMI New South Wales, Australia Exploring 100.0% 1.36 kt Pb 0.10% — — 30 June 2025