Core Viewpoint - ExGen Resources Inc. has signed an option agreement to earn a 100% interest in the Macrex property, which is located approximately 20 kilometers from Port Alberni, British Columbia, covering around 5,115 acres [1][2]. Group 1: Property Details - The Macrex property is situated in the Alberni Mining District and is accessible via logging roads, facilitating exploration and potential development [2]. - Historical exploration on the property dates back to the 1980s, with recorded showings of copper, gold, and silver [2]. - The property surrounds the Mactush property, which was optioned in 2024 for approximately $625,000, indicating its strategic location [2]. Group 2: Option Agreement Terms - To earn a 100% interest in the Macrex property, ExGen must complete $1,500,000 in exploration work and pay $700,000 to the optionor over five years [3]. - A bonus payment of $3,000,000 is required within 30 days of publishing an NI 43-101 compliant resource on the property [3]. Group 3: Payment Schedule - The payment schedule includes: - Signing: $150,000 - 1st Year Anniversary: $75,000 cash and $100,000 work - 2nd Year Anniversary: $75,000 cash and $200,000 work - 3rd Year Anniversary: $75,000 cash and $300,000 work - 4th Year Anniversary: $75,000 cash and $400,000 work - 5th Year Anniversary: $250,000 cash and $500,000 work - Total cash payments amount to $700,000 and total work commitments to $1,500,000 [4]. Group 4: Company Overview - ExGen Resources Inc., formerly Boxxer Gold Corp, focuses on funding exploration and development through joint ventures and partnerships, aiming to reduce risks while maintaining exposure to potential discoveries [6]. - The company seeks to build a diverse portfolio of projects across various stages and commodity groups, currently holding six projects in Canada and the US [6].