−Removed: Quantitative and Qualitative Disclosures About Market Risk
+Added: Quantitative and Qualitative Disclosures
+Added: About Market Risk
Interest Rate Risk
2 unchanged sentences
government and debt securities rated “investment grade” or better.
−Removed: The rates received on such investments
−Removed: may fluctuate with changes in economic conditions.
−Removed: Based on the average cash and investment balances outstanding during the first six
−Removed: months of 2025, a 1% decrease in interest rates would have resulted in only a nominal reduction in interest income for the period.
+Added: The rates received on such
+Added: investments may fluctuate with changes in economic conditions.
+Added: Based on the average cash and investment balances outstanding during the
+Added: first nine months of 2025, a 1% decrease in interest rates would have resulted in only a nominal reduction in interest income for the
Foreign Currency Exchange Risk
5 unchanged sentences
Commodity Price Risk
−Removed: We are primarily engaged in
−Removed: the exploration of properties containing gold, silver, copper, zinc, lead and other minerals.
−Removed: As a result, decreases in the price of any
−Removed: of these metals have the potential to negatively impact our ability to establish reserves and mine on our properties.
−Removed: We currently hold
−Removed: no commodity derivative positions.
+Added: We are primarily engaged
+Added: in the exploration of properties containing gold, silver, copper, zinc, lead and other minerals.
+Added: As a result, decreases in the price
+Added: of any of these metals have the potential to negatively impact our ability to establish reserves and mine on our properties.
+Added: hold no commodity derivative positions.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.