Privately held, Iceland-focused gold
and associated metals explorer

• Lightspeed was awarded an exclusive
  exploration permit for the Fenrir Project in 2023
• Lightspeed is a privately owned company,
  registered in England & Wales
• Fenrir is held 100% by a wholly owned
  Icelandic subsidiary

High-grade gold discovery

• Historic exploration activity identified
  gold grades up to 32.6 g/t
• Located in NW Iceland
• No drilling or geophysics to date

Additional opportunities: Iceland has
the right geological conditions for gold

• Iceland is commonly disregarded for gold
  potential; this is incorrect. Iceland is
  an untapped frontier
• Analogous to Pacific Rim deposits
  (Hauraki Goldfield, Hishikari, El Peñon, etc.)