Yes, absolutely! The charities are aware that the minerals are sold "FOB origin," meaning they are responsible for all shipping costs from the point of origin.

No, minerals are not warehoused in large quantities.

Minerals exist in nature as they have for millions of years, and they are ready for the charity to access. And there's no need for the charity to pay any sort of storage or transportation costs until they're ready to use them.

IRS Form 8283, Noncash Charitable Contributions, is used to report information about charitable contributions you make that are not in cash

Many mining claims exist where the valuable material is found right on the surface of the land. It's not buried deep, requiring mining, blasting, or grinding. The material is readily available as a fine powder. You can simply take a spoonful of this powder, put it in a bottle of water, and it dissolves instantly

Each year a qualified appraiser is hired to evaluate the value of the minerals.

Management was advised by counsel that it's not needed as the strategy is the same as 2023.

That's a great question with a complex answer.

While we could sell our minerals on the market, and appraisers confirm they have high value, we're focusing on a longer-term strategy.

Consultants have identified several multi-trillion dollar markets where our minerals have immense potential, including forestry, biofuels, soil remediation, and soil amendment. Essentially, they can be used in protocols that replace synthetic fertilizers.

So, while there's a rapidly growing demand for these minerals, those markets aren't fully mature yet. This means that holding onto our resources strategically positions us for potentially greater returns in the future.

It's a good question. Our "Data Room" webpage lists all our assets, including mining claims filed with both the Bureau of Land Management (BLM) and state agencies. These claims represent the mineral rights owned by our partners and investors.

Importantly, the BLM, a federal agency, has strict requirements for approving mining claims. They must demonstrate the presence of valuable minerals, not just common rocks or gravel.

In our case, the BLM reviewed lab analysis of the materials from our claim locations. Their approval confirms these materials have significant value.