Newport Exploration Ltd. reported on the summary results of an updated NI43-101 Technical Report (the "Report") and an updated mineral resource estimate for the Chu Chua massive sulphide deposit ("Chu Chua"), located near Barriere, BC, as estimated by APEX Geoscience Ltd. ("APEX") of Vancouver, BC. Newport has a 100% interest in Chu Chua which is subject to two separate 1% Net Smelter Return ("NSR") royalties. An updated pit constrained mineral resource estimate for Chu Chua completed by Mr. Nicholls of APEX comprises an inferred mineral resource of 2.29 million tonnes averaging 2.11% copper, 0.3% zinc, 9.99g/t silver and 0.5g/t gold, at a copper block cut-off grade of 1.0%. The report has been prepared for Newport for the purpose of a valuation for Chu Chua and for planning future technical work on the project in 2022. NI 43-101 Technical Report: During 2021, APEX was retained by Newport to complete an updated NI 43-101 report and update the mineral resource estimate for Chu Chua. The authors of the report, Mr. Kristopher Raffle, B.Sc., P. Geo., Mr. Steve Nichols, BA.Sc (Geology) MAIG, and Mr. Alfonso Rodriguez, M.Sc., P. Geo., of APEX are all independent qualified persons as defined by the Canadian Securities Administration (CSA) National Instrument43-101. Specifically, Mr. Raffle supervised the 2011 re-sampling of historic core and data verification and conducted property visits during 2008 and 2012, Mr. Rodriguez conducted the most recent property visit in July 2021, and the mineral resource estimation of the Chu Chua mineralized zone was completed by Mr. Nichols. The Chu Chua Property: Chu Chua consists of two active mineral claims totaling 282.5 hectares (ha); located 24 km northeast of Barriere, BC. The property is host to the Chu Chua deposit; a Cyprus-type volcanogenic massive sulphide body first discovered in 1978. Chu Chua comprises several mineralized lenses oriented along a north-south trend and dipping from vertical to very steeply to the west. A total of 99 diamond drill holes, totaling 19,707m were completed to delineate the Chu Chua deposit between 1978 and 1982 by Craigmont Mines Ltd. ("Craigmont") and between 1988 and 1991 by Minnova Inc. ("Minnova"). Within the current boundaries of Chu Chua, 89 drill holes totalling 17,782.51m have been drilled for mineral exploration. The drilling defined two areas of relatively thick, high grade sulphide mineralization occurring within 100 m of the surface. Additional drilling to test the grade, thickness, lateral and depth extent, and continuity of the deposit was completed by Minnova Inc. (Minnova) between 1988 and 1991. Minnova drilled a total of 46 holes (8,887 m) during the period. Selected significant drilling at Chu Chua included intercepts of: Drill hole CCF-37 which yielded 10.04% copper, 46.3 g/t silver, and 3.44g/t gold over 1 m; Drill hole CCF-33 which yielded 10.37% copper, 27.1g/t silver and 1.23g/t gold over 3.4 m; Drill hole CC-17 which yielded 14.54% copper, 9.3g/t silver and 1.03g/t gold over 4.2 m; Drill hole CC-31 which yielded 8.62% copper, 62.0g/t silver and 0.69g/t gold over 1.6 m; Drill hole CCF-19 which yielded 4.53% copper, 13.9g/t silver and 0.36g/t gold over 25.0 m; Drill hole CCF-22 which yielded 3.89% copper, 16.35 g/t silver and 1.2 g/t gold over 28.5 m. Updated Mineral Resource Estimate: The mineral resource modelling and estimation was carried out using a 3-dimensional block model, using commercial mine planning software Micromine. The mineral resource estimate comprises an inferred mineral resource of 2.3 million tonnes averaging 2.11 % copper, 0.30 % zinc, 9.99 g/t silver, 0.50 g/t gold at a copper block cut-off grade of 1.0%.