Energy Point Silica Project – High‑Purity Silica Sand for Critical Silicon Supply

INDEPENDENT LICENSED TECHNICAL QP VERIFICATION

NI 43‑101 Qualified Person oversight, Burgex volumetric modelling, and independent laboratory testing for the Energy Point Silica Project near Jean, Nevada.

✓ NI 43‑101 Technical Report for the Energy Point Silica Project prepared by Qualified Person Steven L. McMillin, M.Sc., CPG (AIPG CPG‑11031) of Range Front Mining Services. ✓ Historical volumetric work and resource interpretation by industrial minerals geologist Frederic C. Johnson, P.G. (Industrial Minerals Development). ✓ Technical volumetric study and 3D geology by Burgex, Inc. (Energy Point Silica Sand Deposit, Clark County, Nevada). ✓ 2012 core drilling confirming a thick, laterally continuous silica sandstone unit across the SI claim block. ✓ Independent multielement and oxide assays by American Assay Laboratories (AAL), including SiO2 values locally exceeding ~99% with low Fe2O3. ✓ Grain‑size and physical testing by Landmark Testing Engineering (sieve analysis and industrial sand characterization). ✓ API/ISO frac‑sand testing (crush resistance, turbidity) by StimLabs Inc. on selected size fractions.

✓ Hazen Research XRF confirmation of high‑purity silica up to ~99.5% SiO2 in processed size fractions for premium glass and industrial sand applications. ✓ Historical outcrop‑constrained resource estimate of ~19.8 million tons above alluvial base, with historical total resources >100 million tons of silica sand (per Johnson and Burgex technical work). ✓ BLM Notice‑level approvals, bonding decision NVB106381362, and active claim maintenance for the SI claim block (~800 acres). ✓ Project aligned with the 2025 U.S. Critical Minerals List addition of silicon and Project Vault‑style strategic mineral reserve concepts. ✓ All technical data maintained for diligence review by banks, strategic partners, and qualified investors, subject to appropriate confidentiality arrangements.

Independent laboratory work by American Assay Laboratories, Hazen Research, Landmark Testing Engineering and StimLabs confirms that the deposit hosts high‑purity silica sand with SiO2 values locally exceeding 99–99.5%, low Fe2O3, and favorable grain‑size distributions, supporting potential applications in premium glass, industrial sand, and frac‑sand markets. With silicon newly added to the U.S. Critical Minerals List and federal initiatives such as Project Vault seeking to secure domestic supplies of critical mineral feedstocks, Energy Point Minerals Inc. is positioned as a strategic U.S. source of high‑purity silica for silicon and advanced materials supply chains.

Qualified Technical Personnel

All scientific and technical information for the Energy Point Silica Project has been prepared, reviewed, and approved by an independent Qualified Person (“QP”) as that term is defined in National Instrument 43‑101. The current QP of record is Steven L. McMillin, M.Sc., CPG (AIPG CPG‑11031) of Range Front Mining Services, a professional geologist with more than 35 years of experience in gold, silver, and industrial minerals exploration and mining, including extensive work in Nevada and the western United States.

Mr. McMillin has authored the NI 43‑101 Technical Report for the Energy Point Silica Project and has relied, where appropriate, on specialized independent experts and historical technical work for volumetric modelling, analytical testing, and land‑tenure documentation, including the work of industrial minerals geologist Frederic C. Johnson, P.G., Burgex, Inc., American Assay Laboratories, Landmark Testing Engineering, StimLabs Inc., and Hazen Research.

Historical QP‑Equivalent & Independent Technical Experts

Frederic C. Johnson, P.G. (Industrial Minerals Geologist)

Mr. Johnson is a licensed Professional Geologist (State of Utah) and industrial minerals specialist who authored the 2008 report “Reconnaissance Photo Interpretation and Resource Estimate of Silica Sand Outcrops in the Vicinity of Energy Point Sources SI Mining Claims,” subsequently updated with 2012 core drilling. His work provides the foundational outcrop‑constrained volumetric estimate (~19.8 million tons above the alluvial base) and supports historical resource estimates in excess of 100 million tons of silica sand within the broader SI claim block.

Burgex, Inc. (Technical Volumetric Modelling)

Burgex, Inc. prepared the “Technical Volumetric Study – Energy Point Silica Sand Deposit, Clark County, Nevada,” integrating drilling, mapping, and topography into a three‑dimensional geologic and tonnage model. This work refines volumetric scenarios across defined pit areas and domains and is relied upon by the QP as one line of evidence in evaluating overall resource potential for the Project.

Independent Laboratories

American Assay Laboratories (AAL) performed multielement and oxide analyses, including SiO2, Fe2O3 and related oxides; Landmark Testing Engineering conducted raw‑sample sieve analyses and physical testing; StimLabs Inc. carried out API/ISO fracsand testing; and Hazen Research performed XRF analyses on sized silica products. Together, these independent laboratories confirm high‑purity silica chemistry and favorable performance characteristics across key product size fractions.

Industrial Silica, Critical Minerals & Strategic Value

The Energy Point Silica Project is an industrial silica deposit whose product stream is directly linked to criticallisted silicon for solar, semiconductor, glass, and advanced materials applications. With high‑purity silica sand, proximity to the Interstate‑15/Union Pacific freight corridor, and access to the Las Vegas labor and services hub, Energy Point Minerals Inc. is positioned to support domestic glass, industrial sand, and silicon supply chains, and to participate in future Project Vault‑style strategic mineral programs.

Additional drilling, resource modelling, engineering studies, and market engagement are expected to further refine the Project’s NI 43‑101 mineral resource potential and to establish detailed product portfolios for glass, industrial sand, and frac‑sand markets, all under ongoing Qualified Person oversight and in alignment with current U.S. critical minerals strategy.

Energy Point Minerals Inc. is advancing a high‑purity silica sand deposit near Jean, Nevada, supplying strategic industrial silica feedstock for glass, industrial sand, and critical silicon applications in alignment with U.S. critical minerals policy.