Queen Bee AURELIA METALS LIMITED ASX:AMI New South Wales, Australia Exploring 100.0% — — — — — — 0.68 kt Zn 1.36 kt Zn 0.10% 30 June 2025 Stavely Copper-Gold STAVELY MINERALS LIMITED ASX:SVY Western Victoria, Australia Developing 100.0% — — — — — 0.8 kt Zn 1.6 kt Zn 2.4 kt Zn 0.00% 17 Mar 2026 Candameña Fresnillo plc LSE:FRES — — — — — — — — — 4 kt Zn 4 kt Zn 0.03% 31 Dec 2025 San Antonio exc Mineros S.A. TSX:MSA Nicaragua Exploring 100.0% — — — — — — 4.08 kt Zn 4.08 kt Zn 0.32% 31 Dec 2025 Leticia exc Mineros S.A. TSX:MSA Nicaragua Exploring 100.0% — — — — — 4.99 kt Zn 1.36 kt Zn 0.01 Mt Zn 1.43% 31 Dec 2025 Dianne REVOLVER RESOURCES HOLDINGS LTD ASX:RRR Queensland, Australia Developing 100.0% — — — — — 3.04 kt Zn 3.77 kt Zn 0.01 Mt Zn 0.52% 10 Oct 2025 Pilot Mountain GUARDIAN METAL RESOURCES PLC ORD 1P AIM:GMET Nevada, United States Developing 100.0% — 0.03 Mt Zn 0.03 Mt Zn 0.28% — 0.03 Mt Zn 0.01 Mt Zn 0.01 Mt Zn 0.29% 15 June 2026 Jack's Hut KINGSTON RESOURCES LIMITED ASX:KSN New South Wales, Australia Producing 100.0% — — — — — 2 kt Zn 0.01 Mt Zn 0.01 Mt Zn 0.62% 24 June 2026 El Brocal exc BUENAVENTURA MINING CO INC NYSE:BVN Peru Producing 61.4% 0.17 Mt Zn 0.02 Mt Zn 0.15 Mt Zn 3.85% 0.01 Mt Zn 2.86 kt Zn 0.01 Mt Zn 0.02 Mt Zn 1.99% 31 Dec 2025 Peak Copper AURELIA METALS LIMITED ASX:AMI New South Wales, Australia Producing — 0.7 kt Zn 2.3 kt Zn 3 kt Zn 0.10% 1.6 kt Zn 0.01 Mt Zn 0.01 Mt Zn 0.02 Mt Zn 0.10% 30 June 2025 Heemskirk STELLAR RESOURCES LIMITED ASX:SRZ Tasmania, Australia Developing — — — — — — 0.01 Mt Zn 0.01 Mt Zn 0.02 Mt Zn 0.20% 23 Feb 2026 Tassa PATRIOT RESOURCES LIMITED ASX:PAT Moquegua, Peru Exploring — — — — — — — 0.02 Mt Zn 0.02 Mt Zn 0.11% 16 Feb 2026 Mt Chalmers QMINES LIMITED ASX:QML Queensland, Australia Developing 100.0% 0.01 Mt Zn 0.01 Mt Zn 0.03 Mt Zn 0.27% 0.01 Mt Zn 0.01 Mt Zn 3.51 kt Zn 0.02 Mt Zn 0.21% 30 Apr 2024 Mt Angelo CAZALY RESOURCES LIMITED ASX:CAZ Western Australia, Australia Exploring — — — — — — — — 0.03 Mt Zn 1.40% 31 Jan 2022 Columba Kootenay Silver Inc. TSXV:KTN Chihuahua, Mexico Exploring 100.0% — — — — — — 0.03 Mt Zn 0.03 Mt Zn 0.50% 29 May 2025 Parker's Hill KINGSTON RESOURCES LIMITED ASX:KSN New South Wales, Australia Producing 100.0% — — — — — 0.02 Mt Zn 0.01 Mt Zn 0.03 Mt Zn 0.83% 24 June 2026 San Juan Silver exc HECLA MINING CO/DE/ NYSE:HL Colorado, United States Exploring 100.0% — — — — — — 0.04 Mt Zn 0.04 Mt Zn 1.10% 31 Dec 2025 Del Toro First Majestic Silver Corp. TSX:AG Zacatecas, Mexico Exploring 100.0% — — — — — 0.03 Mt Zn 0.01 Mt Zn 0.04 Mt Zn 2.18% 31 Dec 2020 San Sebastian exc HECLA MINING CO/DE/ NYSE:HL Mexico Exploring 100.0% — — — — — 0.03 Mt Zn 0.01 Mt Zn 0.04 Mt Zn 2.99% 31 Dec 2025 Develin Creek QMINES LIMITED ASX:QML Queensland, Australia Exploring 100.0% — — — — — 0.03 Mt Zn 0.02 Mt Zn 0.05 Mt Zn 1.16% 12 Mar 2025 Nymagee AURELIA METALS LIMITED ASX:AMI New South Wales, Australia Exploring 95.0% — — — — — 0.02 Mt Zn 0.03 Mt Zn 0.05 Mt Zn 1.30% 30 June 2025 Soracaya Santacruz Silver Mining Ltd. TSXV:SCZ Bolivia Exploring — — — — — — — 0.05 Mt Zn 0.05 Mt Zn 1.23% 01 Jan 2024 El Tigre Silver Tiger Metals Inc. TSX:SLVR Sonora, Mexico Developing 100.0% — — — — 0.01 Mt Zn 0.01 Mt Zn 0.04 Mt Zn 0.05 Mt Zn 0.78% 20 June 2025 Thor Taranis Resources Inc. TSXV:TRO British Columbia, Canada Exploring 100.0% — — — — — 0.04 Mt Zn 0.02 Mt Zn 0.06 Mt Zn 3.17% 11 Apr 2024 Keno Hill exc HECLA MINING CO/DE/ NYSE:HL Yukon, Canada Developing 100.0% 0.54 kt Zn 0.06 Mt Zn 0.06 Mt Zn 2.91% — 0.03 Mt Zn 0.02 Mt Zn 0.06 Mt Zn 4.97% 31 Dec 2025 Mallay Excellon Resources Inc. TSXV:EXN Peru Developing — — — — — — 0.04 Mt Zn 0.02 Mt Zn 0.06 Mt Zn 4.68% 18 Feb 2026 Southern Ore Zone KINGSTON RESOURCES LIMITED ASX:KSN New South Wales, Australia Producing 100.0% — 0.01 Mt Zn 0.01 Mt Zn 1.60% 4 kt Zn 0.04 Mt Zn 0.03 Mt Zn 0.06 Mt Zn 1.09% 24 June 2026 LaRonde exc Agnico Eagle Mines Limited TSX:AEM Quebec, Canada Producing — 0.01 Mt Zn 0.09 Mt Zn 0.10 Mt Zn 0.92% — 0.06 Mt Zn 0.01 Mt Zn 0.07 Mt Zn 0.88% 31 Dec 2025 Elizabeth Creek CODA MINERALS LTD ASX:COD South Australia, Australia Developing 100.0% — — — — — 0.07 Mt Zn 0.01 Mt Zn 0.07 Mt Zn 0.17% 13 July 2026 Achilles AUSTRALIAN GOLD AND COPPER LTD ASX:AGC New South Wales, Australia Exploring 100.0% — — — — — 0.05 Mt Zn 0.02 Mt Zn 0.07 Mt Zn 0.69% 11 Dec 2025 Trilogy MEDALLION METALS LIMITED. ASX:MM8 Western Australia, Australia Exploring — — — — — — 0.07 Mt Zn — 0.07 Mt Zn 1.60% 31 Mar 2018 San Nicolás exc TECK RESOURCES LTD NYSE:TECK Zacatecas, Mexico Developing 50.0% 0.76 Mt Zn 0.81 Mt Zn 1.57 Mt Zn 1.49% 2 kt Zn 0.04 Mt Zn 0.03 Mt Zn 0.07 Mt Zn 0.64% 31 Dec 2025 San Nicolás exc Agnico Eagle Mines Limited TSX:AEM Mexico Developing 50.0% 0.77 Mt Zn 0.79 Mt Zn 1.55 Mt Zn 1.48% 2.02 kt Zn 0.04 Mt Zn 0.03 Mt Zn 0.08 Mt Zn 0.66% 31 Dec 2025 Peak Zinc-Lead AURELIA METALS LIMITED ASX:AMI — — — 0.01 Mt Zn 0.01 Mt Zn 0.01 Mt Zn 3.40% 0.01 Mt Zn 0.03 Mt Zn 0.05 Mt Zn 0.08 Mt Zn 5.30% 30 June 2025 Porvenir exc Mineros S.A. TSX:MSA Nicaragua Developing 100.0% 0.02 Mt Zn 0.15 Mt Zn 0.17 Mt Zn 2.61% 2.72 kt Zn 0.06 Mt Zn 0.02 Mt Zn 0.09 Mt Zn 2.22% 31 Dec 2025 Reliquias Silver Mountain Resources Inc. TSX:AGMR Huancavelica, Peru Developing 100.0% — — — — 0.01 Mt Zn 0.03 Mt Zn 0.05 Mt Zn 0.09 Mt Zn 3.04% 01 Jan 2024 Cusi Silverco Mining Ltd. TSXV:SICO Chihuahua, Mexico Developing 100.0% — — — — 2.86 kt Zn 0.04 Mt Zn 0.05 Mt Zn 0.09 Mt Zn 1.01% 20 Oct 2025 Star exc HECLA MINING CO/DE/ NYSE:HL Idaho, United States Exploring 100.0% — — — — — 0.04 Mt Zn 0.06 Mt Zn 0.09 Mt Zn 9.67% 31 Dec 2025 Pilarica Fresnillo plc LSE:FRES — — — — — — — — — 0.09 Mt Zn 0.09 Mt Zn 1.28% 31 Dec 2025 Oropesa ELEMENTOS LIMITED ASX:ELT Andalucia, Spain Developing 100.0% — — — — 0.03 Mt Zn 0.05 Mt Zn 0.01 Mt Zn 0.10 Mt Zn 0.42% 29 Nov 2023 Leones Fresnillo plc LSE:FRES — — — — — — — — — 0.10 Mt Zn 0.10 Mt Zn 1.12% 31 Dec 2025 Seal Zinc Aston Bay Holdings Ltd. TSXV:BAY Nunavut, Canada Exploring 20.0% — — — — — — 0.10 Mt Zn 0.10 Mt Zn 10.24% 06 Oct 2017 Nimbus MARITANA MINERALS LIMITED ASX:MRT Western Australia, Australia Exploring 100.0% — — — — 0.05 Mt Zn 0.03 Mt Zn 0.03 Mt Zn 0.10 Mt Zn 0.90% 30 June 2026 Alamos Silver Minaurum Silver Inc. TSXV:MGG Sonora, Mexico Exploring 100.0% — — — — — — 0.11 Mt Zn 0.11 Mt Zn 2.01% 08 Jan 2026 Alamos Minaurum Silver Inc. TSXV:MGG Sonora, Mexico Exploring 100.0% — — — — — — — 0.11 Mt Zn 2.01% 28 Jan 2026 Chipriona exc Agnico Eagle Mines Limited TSX:AEM Mexico Exploring — — — — — — 0.10 Mt Zn 0.01 Mt Zn 0.11 Mt Zn 0.86% 31 Dec 2025 Escobal exc Pan American Silver Corp. TSX:PAAS Guatemala Developing 100.0% 0.04 Mt Zn 0.28 Mt Zn 0.32 Mt Zn 1.30% 0.01 Mt Zn 0.09 Mt Zn 0.01 Mt Zn 0.12 Mt Zn 0.63% 30 June 2025 Whim Creek ANAX METALS LIMITED ASX:ANX Western Australia, Australia Developing 80.0% 0.02 Mt Zn 0.09 Mt Zn 0.11 Mt Zn 2.31% 0.02 Mt Zn 0.16 Mt Zn 0.04 Mt Zn 0.12 Mt Zn 1.75% 21 Aug 2026 Lucky Friday exc HECLA MINING CO/DE/ NYSE:HL Idaho, United States Producing 100.0% 0.16 Mt Zn 0.06 Mt Zn 0.22 Mt Zn 3.77% 0.03 Mt Zn 0.02 Mt Zn 0.06 Mt Zn 0.12 Mt Zn 2.24% 31 Dec 2025 Ciénega Fresnillo plc LSE:FRES Durango, Mexico Producing 100.0% 0.01 Mt Zn 0.01 Mt Zn 0.02 Mt Zn 0.62% 0.05 Mt Zn 0.04 Mt Zn 0.06 Mt Zn 0.13 Mt Zn 1.12% 30 Apr 2025 Camino Rojo Orla Mining Ltd TSX:OLA Zacatecas, Mexico Producing 100.0% — — — — — 0.13 Mt Zn 0.01 Mt Zn 0.14 Mt Zn 0.36% 30 Sept 2025 Orient East ILTANI RESOURCES LIMITED. ASX:ILT Queensland, Australia Exploring 100.0% — — — — — 0.11 Mt Zn 0.04 Mt Zn 0.15 Mt Zn 0.78% 30 Oct 2025 FAD i-80 Gold Corp. TSX:IAU Nevada, USA Exploring 100.0% — — — — — 0.04 Mt Zn 0.12 Mt Zn 0.16 Mt Zn 4.84% 31 Oct 2025 Mt Carrington LEGACY MINERALS HOLDINGS LIMITED ASX:LGM NSW, Australia Developing — — — — — — 0.09 Mt Zn 0.08 Mt Zn 0.16 Mt Zn 0.34% 30 July 2026 Los Ricos North GoGold Resources Inc. TSX:GGD Jalisco, Mexico Exploring — — — — — — 0.10 Mt Zn 0.07 Mt Zn 0.17 Mt Zn 1.28% 14 Jan 2025 Bisie North ROME RESOURCES PLC ORD 0.1P AIM:RMR Democratic Republic of Congo Exploring 51.0% — — — — — — 0.09 Mt Zn 0.17 Mt Zn 2.72% 21 Oct 2025 Guillermina exc Mineros S.A. TSX:MSA Nicaragua Exploring 100.0% — — — — — 0.12 Mt Zn 0.06 Mt Zn 0.18 Mt Zn 6.18% 31 Dec 2025 Federation AURELIA METALS LIMITED ASX:AMI New South Wales, Australia Producing 100.0% 0.01 Mt Zn 0.15 Mt Zn 0.16 Mt Zn 7.10% 0.01 Mt Zn 0.23 Mt Zn 0.10 Mt Zn 0.18 Mt Zn 7.70% 30 June 2025 Orient West ILTANI RESOURCES LIMITED. ASX:ILT Queensland, Australia Exploring 100.0% — — — — — 0.10 Mt Zn 0.08 Mt Zn 0.18 Mt Zn 0.85% 31 July 2025 Sesmarias Avrupa Minerals Ltd. TSXV:AVU Portugal Exploring 100.0% — — — — — — 0.19 Mt Zn 0.19 Mt Zn 2.90% 03 June 2026 Cerro Lindo exc Nexa Resources S.A. NYSE:NEXA Peru Producing 83.5% 0.34 Mt Zn 0.17 Mt Zn 0.51 Mt Zn 1.28% 0.05 Mt Zn 0.04 Mt Zn 0.11 Mt Zn 0.20 Mt Zn 1.44% 31 Dec 2025 Berenguela Aftermath Silver Ltd. TSXV:AAG Puno, Peru Developing 100.0% — — — — 0.03 Mt Zn 0.14 Mt Zn 0.04 Mt Zn 0.21 Mt Zn 0.31% 30 Nov 2025 Johnson Tract Contango Silver & Gold Inc. NYSE:CTGO Alaska, United States Exploring 100.0% — — — — — 0.18 Mt Zn 0.03 Mt Zn 0.21 Mt Zn 5.04% 12 May 2025 Stockman AERIS RESOURCES LIMITED ASX:AIS Victoria, Australia Developing 100.0% — 0.41 Mt Zn 0.41 Mt Zn 4.30% — 0.56 Mt Zn 0.06 Mt Zn 0.21 Mt Zn 4.00% 31 Dec 2024 Peak AURELIA METALS LIMITED ASX:AMI New South Wales, Australia Producing 100.0% 0.01 Mt Zn 0.02 Mt Zn 0.01 Mt Zn 1.28% 0.03 Mt Zn 0.08 Mt Zn 0.12 Mt Zn 0.22 Mt Zn 0.69% 30 June 2025 Estrades Galway Metals Inc. TSXV:GWM Québec, Canada Developing 100.0% — — — — — 0.10 Mt Zn 0.13 Mt Zn 0.23 Mt Zn 5.15% 06 Dec 2024 Uchucchacua exc BUENAVENTURA MINING CO INC NYSE:BVN Peru Producing 100.0% 0.01 Mt Zn 0.10 Mt Zn 0.12 Mt Zn 2.20% 0.02 Mt Zn 0.06 Mt Zn 0.15 Mt Zn 0.23 Mt Zn 2.29% 31 Dec 2023 Arctic Trilogy Metals Inc. TSX:TMQ Alaska, United States Developing 50.0% — 1.35 Mt Zn 1.35 Mt Zn 2.90% — 1.46 Mt Zn 0.13 Mt Zn 0.24 Mt Zn 3.96% 30 Nov 2025 Porco Santacruz Silver Mining Ltd. TSXV:SCZ Bolivia Producing 45.0% 0.02 Mt Zn 0.02 Mt Zn 0.04 Mt Zn 12.71% 0.10 Mt Zn 0.04 Mt Zn 0.15 Mt Zn 0.25 Mt Zn 15.95% 01 Jan 2023 Cristina Talamore Mining Corp. TSX:TALA Chihuahua, Mexico Exploring 100.0% — — — — — 0.09 Mt Zn 0.17 Mt Zn 0.25 Mt Zn 0.50% 01 Apr 2025 Ciclón NORFOLK METALS LIMITED ASX:NFL Chile Exploring 100.0% — — — — — 0.18 Mt Zn 0.08 Mt Zn 0.26 Mt Zn 2.20% 19 June 2026 Sherridon T2 Metals Corp. TSXV:TWO Manitoba, Canada Exploring 100.0% — — — — — 0.08 Mt Zn 0.18 Mt Zn 0.26 Mt Zn 0.94% 22 Apr 2026 Stratoni ELDORADO GOLD CORP /FI NYSE:EGO Greece Exploring 100.0% — — — — — 0.12 Mt Zn 0.15 Mt Zn 0.27 Mt Zn 8.34% 30 Sept 2025 Waterpump Creek Alaska Silver Corp. TSXV:WAM Alaska, USA Exploring 100.0% — — — — — — 0.27 Mt Zn 0.27 Mt Zn 11.28% 20 Feb 2024 Calico Silver Project Apollo Silver Corp. TSXV:APGO California, USA Exploring — — — — — — 0.16 Mt Zn 0.12 Mt Zn 0.28 Mt Zn 0.53% 30 June 2025 Sasa CENTRAL ASIA METALS PLC ORD USD0.01 AIM:CAML North Macedonia Producing 100.0% — 0.17 Mt Zn 0.17 Mt Zn 2.50% — 0.31 Mt Zn 0.14 Mt Zn 0.28 Mt Zn 2.20% 31 Dec 2025 Uchucchacua/Yumpag exc BUENAVENTURA MINING CO INC NYSE:BVN Peru Producing 100.0% 0.04 Mt Zn 0.11 Mt Zn 0.14 Mt Zn 1.88% 0.04 Mt Zn 0.07 Mt Zn 0.17 Mt Zn 0.28 Mt Zn 2.37% 31 Dec 2025 Puna exc SSR Mining Inc. TSX:SSRM Jujuy, Argentina Producing 100.0% 1.59 kt Zn 0.01 Mt Zn 0.01 Mt Zn 0.16% 1.81 kt Zn 0.12 Mt Zn 0.18 Mt Zn 0.30 Mt Zn 4.31% 31 Dec 2025 NVRO Metals Hub NVRO Metals Limited TSXV:NVRO Northern Territory, Australia Developing 100.0% — — — — 0.25 Mt Zn 0.06 Mt Zn 0.01 Mt Zn 0.31 Mt Zn 0.40% 31 May 2026 Los Gatos First Majestic Silver Corp. TSX:AG Chihuahua, Mexico Producing 70.0% 0.10 Mt Zn 0.35 Mt Zn 0.44 Mt Zn 3.26% 0.13 Mt Zn 0.42 Mt Zn 0.23 Mt Zn 0.33 Mt Zn 4.31% 31 Dec 2025 Cerro Leon UNICO SILVER LIMITED ASX:USL Santa Cruz, Argentina Developing 100.0% — — — — — 0.09 Mt Zn 0.26 Mt Zn 0.35 Mt Zn 1.10% 23 Sept 2025 Pinguino-Sierra Blanca UNICO SILVER LIMITED ASX:USL Santa Cruz, Argentina Exploring 100.0% — — — — — 0.09 Mt Zn 0.26 Mt Zn 0.35 Mt Zn 1.23% 23 Sept 2025 Lewis Ponds GODOLPHIN RESOURCES LIMITED ASX:GRL New South Wales, Australia Developing 100.0% — — — — — 0.18 Mt Zn 0.18 Mt Zn 0.36 Mt Zn 2.06% 15 Dec 2025 Olympias ELDORADO GOLD CORP /FI NYSE:EGO Greece Producing 100.0% 0.19 Mt Zn 0.29 Mt Zn 0.48 Mt Zn 5.20% 0.29 Mt Zn 0.39 Mt Zn 0.15 Mt Zn 0.37 Mt Zn 6.32% 30 Sept 2025 O'Callaghans GREATLAND RESOURCES LIMITED ASX:GGP Western Australia, Australia Exploring 100.0% — — — — — 0.36 Mt Zn 0.01 Mt Zn 0.37 Mt Zn 0.57% 31 Dec 2025 Nueva Recuperada Silver X Mining Corp. TSXV:AGX Huancavelica, Peru Producing — — — — — 0.05 Mt Zn 0.07 Mt Zn 0.26 Mt Zn 0.37 Mt Zn 2.02% 31 May 2025 Canoe Landing Wolfden Resources Corporation TSXV:WLF New Brunswick, Canada Exploring 100.0% — — — — — 0.06 Mt Zn 0.31 Mt Zn 0.38 Mt Zn 1.81% 15 Feb 2026 Caballo Blanco Santacruz Silver Mining Ltd. TSXV:SCZ Bolivia Producing — 0.06 Mt Zn 0.04 Mt Zn 0.09 Mt Zn 9.18% 0.12 Mt Zn 0.07 Mt Zn 0.29 Mt Zn 0.39 Mt Zn 14.00% 01 Jan 2023 Horne 5 Falco Resources Ltd. TSXV:FPC Québec, Canada Developing 100.0% 0.06 Mt Zn 0.57 Mt Zn 0.62 Mt Zn 0.77% 0.08 Mt Zn 0.77 Mt Zn 0.16 Mt Zn 0.39 Mt Zn 0.67% 02 June 2026 Marg Azarga Metals Corp. TSXV:AZR Yukon, Canada Exploring 100.0% — — — — — 0.14 Mt Zn 0.26 Mt Zn 0.40 Mt Zn 2.78% 29 Aug 2025 Cozamin Capstone Copper Corp. TSX:CS Zacatecas, Mexico Producing 100.0% 0.09 kt Zn 0.05 Mt Zn 0.05 Mt Zn 0.73% 0.01 Mt Zn 0.21 Mt Zn 0.25 Mt Zn 0.41 Mt Zn 1.49% 01 Jan 2026 Kempfield ARGENT MINERALS LIMITED ASX:ARD New South Wales, Australia Developing 100.0% — — — — — 0.16 Mt Zn 0.26 Mt Zn 0.41 Mt Zn 0.65% 25 July 2024 Hualilan CHALLENGER GOLD LIMITED ASX:CEL San Juan, Argentina Developing 100.0% — 0.17 Mt Zn 0.17 Mt Zn 0.27% — 0.41 Mt Zn 0.18 Mt Zn 0.42 Mt Zn 0.22% 18 May 2026 Jaguar AERIS RESOURCES LIMITED ASX:AIS Western Australia, Australia Exploring 100.0% — — — — 0.03 Mt Zn 0.27 Mt Zn 0.13 Mt Zn 0.42 Mt Zn 6.30% 31 Dec 2024 Stonepark Group Eleven Resources Corp. TSXV:ZNG Ireland Exploring 78.6% — — — — — — 0.44 Mt Zn 0.44 Mt Zn 8.70% 26 Apr 2018 Bowdens Silver SILVER MINES LIMITED ASX:SVL New South Wales, Australia Developing 100.0% 0.17 Mt Zn 0.01 Mt Zn 0.17 Mt Zn 0.36% 0.38 Mt Zn 0.16 Mt Zn 0.13 Mt Zn 0.50 Mt Zn 0.39% 21 July 2026 Bolivar Santacruz Silver Mining Ltd. TSXV:SCZ Bolivia Producing 45.0% 0.08 Mt Zn 0.04 Mt Zn 0.12 Mt Zn 9.96% 0.11 Mt Zn 0.08 Mt Zn 0.43 Mt Zn 0.50 Mt Zn 10.94% 01 Jan 2023 Bonsucesso exc Nexa Resources S.A. NYSE:NEXA Brazil Exploring 100.0% — — — — — 0.37 Mt Zn 0.14 Mt Zn 0.51 Mt Zn 3.88% 31 Dec 2025 Atacocha exc Nexa Resources S.A. NYSE:NEXA Peru Developing 83.0% 0.09 Mt Zn 0.22 Mt Zn 0.31 Mt Zn 3.19% 0.05 Mt Zn 0.11 Mt Zn 0.37 Mt Zn 0.53 Mt Zn 2.73% 31 Dec 2025 Greens Creek exc HECLA MINING CO/DE/ NYSE:HL Alaska, United States Producing 100.0% 0.91 kt Zn 0.58 Mt Zn 0.58 Mt Zn 6.30% — 0.47 Mt Zn 0.10 Mt Zn 0.58 Mt Zn 8.72% 31 Dec 2025 Juanicipio Fresnillo plc LSE:FRES Mexico Producing 56.0% 0.08 Mt Zn 0.77 Mt Zn 0.85 Mt Zn 4.03% 0.10 Mt Zn 0.86 Mt Zn 0.49 Mt Zn 0.60 Mt Zn 4.50% 30 Apr 2025 Silvertip exc Coeur Mining, Inc. NYSE:CDE British Columbia, Canada Exploring 100.0% — — — — 0.08 Mt Zn 0.48 Mt Zn 0.12 Mt Zn 0.68 Mt Zn 6.64% 31 Dec 2025 Jiama China Gold International Resources Corp. Ltd. TSX:CGG Tibet Autonomous Region, China Producing 100.0% — — — — 0.27 Mt Zn 0.23 Mt Zn 0.21 Mt Zn 0.70 Mt Zn 0.04% 30 June 2026 Fresnillo/Proaño Mine Fresnillo plc LSE:FRES Zacatecas, Mexico Producing — 0.06 Mt Zn 0.39 Mt Zn 0.45 Mt Zn 2.18% 0.19 Mt Zn 0.58 Mt Zn 0.40 Mt Zn 0.71 Mt Zn 2.07% 30 Apr 2025 Saucito Fresnillo plc LSE:FRES Zacatecas, Mexico Producing 100.0% 0.09 Mt Zn 0.27 Mt Zn 0.35 Mt Zn 2.02% 0.15 Mt Zn 0.46 Mt Zn 0.52 Mt Zn 0.78 Mt Zn 2.23% 30 Apr 2025 Kidd Creek Glencore plc LSE:GLEN — — — 0.02 Mt Zn 0.02 Mt Zn 0.04 Mt Zn 3.35% 0.37 Mt Zn 0.49 Mt Zn 0.03 Mt Zn 0.85 Mt Zn 4.11% 31 Dec 2025 El Porvenir exc Nexa Resources S.A. NYSE:NEXA Peru Producing 83.5% 0.19 Mt Zn 0.49 Mt Zn 0.68 Mt Zn 4.21% 0.02 Mt Zn 0.09 Mt Zn 0.76 Mt Zn 0.87 Mt Zn 3.62% 31 Dec 2025 Rogozna STRICKLAND METALS LIMITED ASX:STK Serbia Developing 100.0% — — — — — 0.11 Mt Zn 0.76 Mt Zn 0.87 Mt Zn 0.48% 15 Apr 2026 Juanicipio Pan American Silver Corp. TSX:PAAS Zacatecas, Mexico Producing 44.0% 0.04 Mt Zn 0.72 Mt Zn 0.76 Mt Zn 4.08% 0.07 Mt Zn 0.85 Mt Zn 0.73 Mt Zn 0.89 Mt Zn 5.26% 30 June 2024 Chinchillones Minsud Resources Corp. TSXV:MSR San Juan, Argentina Exploring 49.9% — — — — — 0.29 Mt Zn 0.62 Mt Zn 0.91 Mt Zn 0.12% 20 Feb 2026 Lucerito Fresnillo plc LSE:FRES — — — — — — — — — 1.01 Mt Zn 1.01 Mt Zn 0.29% 31 Dec 2025 Chita Valley Minsud Resources Corp. TSXV:MSR San Juan, Argentina Exploring 49.9% — — — — — 0.38 Mt Zn 0.72 Mt Zn 1.09 Mt Zn 0.10% 20 Feb 2026 Charcas exc SOUTHERN COPPER CORP/ NYSE:SCCO San Luis Potosi, Mexico Producing — — — — — — 0.66 Mt Zn 0.52 Mt Zn 1.17 Mt Zn 3.54% 31 Dec 2025 Vazante exc Nexa Resources S.A. NYSE:NEXA Minas Gerais, Brazil Producing 100.0% 0.49 Mt Zn 0.65 Mt Zn 1.14 Mt Zn 7.34% 0.04 Mt Zn 0.18 Mt Zn 1.09 Mt Zn 1.32 Mt Zn 8.59% 31 Dec 2025 Peñasquito exc NEWMONT Corp /DE/ NYSE:NEM Zacatecas, Mexico Producing 100.0% 0.80 Mt Zn 0.90 Mt Zn 1.50 Mt Zn 0.67% 0.40 Mt Zn 1.00 Mt Zn 0.05 Mt Zn 1.45 Mt Zn 0.60% 31 Dec 2025 Aripuanã exc Nexa Resources S.A. NYSE:NEXA Mato Grosso, Brazil Producing 100.0% 0.20 Mt Zn 1.21 Mt Zn 1.41 Mt Zn 4.13% 0.01 Mt Zn 0.17 Mt Zn 1.32 Mt Zn 1.50 Mt Zn 3.09% 31 Dec 2025 San Martin exc SOUTHERN COPPER CORP/ NYSE:SCCO Zacatecas, Mexico Producing — — — — — — 0.25 Mt Zn 1.42 Mt Zn 1.67 Mt Zn 2.42% 31 Dec 2025 Florida Canyon Zinc exc Nexa Resources S.A. NYSE:NEXA Peru Exploring 51.0% — — — — 0.09 Mt Zn 0.17 Mt Zn 1.43 Mt Zn 1.69 Mt Zn 9.78% 31 Dec 2025 Cannington SOUTH32 LIMITED ASX:S32 Queensland, Australia Producing 100.0% 0.27 Mt Zn 0.02 Mt Zn 0.29 Mt Zn 2.93% 1.54 Mt Zn 0.40 Mt Zn 0.07 Mt Zn 1.72 Mt Zn 2.64% 30 June 2025 Ambler Metals SOUTH32 LIMITED ASX:S32 Alaska, United States Exploring 50.0% — — — — 1.04 Mt Zn 0.67 Mt Zn 0.12 Mt Zn 1.83 Mt Zn 4.29% 30 June 2025 Zinkgruvan Lundin Mining Corporation TSX:LUN Sweden Producing 100.0% 0.29 Mt Zn 0.58 Mt Zn 0.87 Mt Zn 7.74% 0.63 Mt Zn 0.86 Mt Zn 1.35 Mt Zn 1.97 Mt Zn 8.92% 31 Dec 2024 Viken District Metals Corp. TSXV:DMX Jämtland County, Sweden Exploring 100.0% — — — — — 0.19 Mt Zn 1.81 Mt Zn 1.99 Mt Zn 0.04% 25 Apr 2025 Santa Barbara exc SOUTHERN COPPER CORP/ NYSE:SCCO Chihuahua, Mexico Producing — — — — — — 0.59 Mt Zn 1.52 Mt Zn 2.11 Mt Zn 3.31% 31 Dec 2025 Golden Grove 29METALS LIMITED ASX:29M Western Australia, Australia Producing 100.0% 0.27 Mt Zn 0.45 Mt Zn 0.72 Mt Zn 4.00% 0.86 Mt Zn 1.06 Mt Zn 0.31 Mt Zn 2.23 Mt Zn 3.50% 31 Dec 2025 Ayawilca Tinka Resources Limited TSXV:TK Peru Developing 100.0% — — — — — 1.65 Mt Zn 1.33 Mt Zn 2.98 Mt Zn 4.92% 01 Jan 2024 Pallas Green Glencore plc LSE:GLEN — — — — — — — — — 3.24 Mt Zn 3.24 Mt Zn 7.21% 31 Dec 2025 Hackett River Glencore plc LSE:GLEN — — — — — — — — 1.21 Mt Zn 2.11 Mt Zn 3.32 Mt Zn 3.81% 31 Dec 2025 Hilarión exc Nexa Resources S.A. NYSE:NEXA Peru Exploring 83.5% — — — — 0.49 Mt Zn 1.23 Mt Zn 1.71 Mt Zn 3.44 Mt Zn 3.79% 31 Dec 2025 Neves-Corvo Lundin Mining Corporation TSX:LUN Portugal Producing 100.0% 0.35 Mt Zn 1.20 Mt Zn 1.56 Mt Zn 4.01% 1.10 Mt Zn 3.59 Mt Zn 0.41 Mt Zn 3.55 Mt Zn 3.59% 31 Dec 2024 Hermosa SOUTH32 LIMITED ASX:S32 Arizona, United States Developing 100.0% — 2.83 Mt Zn 2.83 Mt Zn 4.35% 1.74 Mt Zn 3.65 Mt Zn 1.26 Mt Zn 3.82 Mt Zn 2.86% 30 June 2025 MATSA SANDFIRE RESOURCES LIMITED ASX:SFR Spain Producing 100.0% 0.55 Mt Zn 0.35 Mt Zn 0.89 Mt Zn 2.50% 3.30 Mt Zn 1.20 Mt Zn 0.75 Mt Zn 4.41 Mt Zn 2.70% 31 Dec 2025 Antamina exc TECK RESOURCES LTD NYSE:TECK Peru Producing 22.5% 0.87 Mt Zn 1.77 Mt Zn 2.64 Mt Zn 1.87% 0.18 Mt Zn 1.11 Mt Zn 4.01 Mt Zn 5.30 Mt Zn 1.53% 31 Dec 2025 Buenavista exc SOUTHERN COPPER CORP/ NYSE:SCCO Sonora, Mexico Producing — — 1.46 Mt Zn 1.46 Mt Zn 0.53% — 1.00 Mt Zn 4.36 Mt Zn 5.35 Mt Zn 0.06% 31 Dec 2025 McArthur River Glencore plc LSE:GLEN — — — 5.73 Mt Zn 0.57 Mt Zn 6.28 Mt Zn 8.85% 8.82 Mt Zn 2.97 Mt Zn 0.19 Mt Zn 5.70 Mt Zn 9.39% 31 Dec 2025 Iska Iska Eloro Resources Ltd. TSX:ELO Potosi, Bolivia Exploring 100.0% — — — — — 1.03 Mt Zn 4.72 Mt Zn 5.75 Mt Zn 0.53% 22 Apr 2026 Antamina exc BHP GROUP LIMITED ASX:BHP Peru Producing 33.8% 1.06 Mt Zn 1.93 Mt Zn 2.97 Mt Zn 0.59% 0.26 Mt Zn 1.30 Mt Zn 5.53 Mt Zn 7.09 Mt Zn 0.44% 30 June 2026 Antamina Glencore plc LSE:GLEN — — — 1.12 Mt Zn 2.01 Mt Zn 3.12 Mt Zn 0.59% 1.36 Mt Zn 3.30 Mt Zn 5.67 Mt Zn 7.22 Mt Zn 0.49% 31 Dec 2025 Kazzinc Glencore plc LSE:GLEN — — — 2.66 Mt Zn 0.48 Mt Zn 3.14 Mt Zn 3.78% 3.87 Mt Zn 3.41 Mt Zn 4.16 Mt Zn 8.30 Mt Zn 2.44% 31 Dec 2025 La Colorada exc Pan American Silver Corp. TSX:PAAS Zacatecas, Mexico Producing 100.0% 0.07 Mt Zn 0.13 Mt Zn 0.21 Mt Zn 2.20% 0.01 Mt Zn 7.59 Mt Zn 2.09 Mt Zn 9.69 Mt Zn 2.81% 30 June 2025 Red Dog exc TECK RESOURCES LTD NYSE:TECK Alaska, United States Producing 100.0% — 2.55 Mt Zn 2.55 Mt Zn 11.20% — 7.12 Mt Zn 5.83 Mt Zn 12.95 Mt Zn 13.56% 31 Dec 2025 Mount Isa Glencore plc LSE:GLEN — — — 2.29 Mt Zn 10.28 Mt Zn 12.62 Mt Zn 4.61% 14.58 Mt Zn 43.30 Mt Zn 20.57 Mt Zn 65.83 Mt Zn 5.27% 31 Dec 2025