National Instrument 43-101 Technical Report
Updated Mineral Resource Estimate for the
Empire Mine Project
Custer County, Idaho USA

November 25, 2020

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Geologic Mapping and Structural Analysis in the North Pit Region, Mackay Mining District

November 9, 2020

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Geologic Map of North Pit Region, Mackay Idaho

November 9, 2020

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AuRIC Metallurgical Labs LLC Report

June 29, 2020, Mackay, ID - Magnetite Ore Laboratory and Bench Scale Gold-Silver Extraction Project.

Magnetite ore submitted for metallurgical extraction tests from the Empire Mine property of Konnex Resources, Inc. located in Mackay, ID milled to all -8OM size, yielded excellent gold-silver recovery results and very low reagent consumptions with both sodium cyanide and ammonium thiosulfate lixiviants…

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2020 Updated Mineral Resource Estimate Report

This report was prepared as a National Instrument 43-101 Technical Report for Konnex Resources, Inc., Phoenix Copper Limited (AIM:PXC) (OTCQX:PXCLF), and ExGen Resources, Inc. (TSX V:EXG) (OTC:BXXRF), collectively “Konnex”, by Hard Rock Consulting, LLC (“HRC”).

This report is intended for use by Konnex subject to the terms and conditions of their contract with HRC, which permits Konnex to file this report with Canadian Securities Regulatory Authorities pursuant to National Instrument 43-101, Standards of Disclosure for Mineral Projects.

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January 2020

Cascade Earth Sciences (CES) was retained by Konnex Resources, Inc. (Konnex) to complete a Baseline Wildlife Survey for the Empire Mine Project (Project) located in Custer County, Idaho.

The purpose of this biological survey was to collect baseline biological information to be used to support planning by identifying sensitive resources for National Environmental Policy Act (NEPA) analysis of the proposed action.

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PXC Empire Mine PEA Economic Model

August 2019

Phoenix Copper Limited’s new economic model for the Empire Mine open pit heap leach SX-EW project in Idaho, USA

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A Report on a Field Visit Made to the Empire Project, Idaho, USA

05 April 2019

Nigel Maund, BSc (Hons) Lond., MCs, DIC, MBA, F.Aud.IMM, F.AIG, F.SEG, FGS, MMSA - Consulting Economic Geologist

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Field Review: Red Star & White Knob Mine Group(Cu) + Pb + Zn + Ag + (Au) Prospects

21 October 2019

Nigel Maund, BSc (Hons) Lond., MCs, DIC, MBA, F.Aud.IMM, F.AIG, F.SEG, FGS, MMSA - Consulting Economic Geologist

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2018 Winter Mammal Survey

December 2018

Cascade Earth Sciences (CES) conducted a mammal study at the historic Empire Mine near Mackay, Idaho, for Konnex Resources, Inc. during the winter of 2017 to 2018. The purpose of the study is to document mammals that are active at the Site during winter months, with particular emphasis on the fisher, North American wolverine, and gray wolf.

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Empire Mine Soil Survey Report

November 2018

An Order 2 soil survey for the Empire Mine to evaluate soil conditions and growth media suitability for reclamation. Data collected during the survey was used along with the laboratory analytical results to evaluate the characteristics of the soils located within the Site.

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2018 Groundwater Resources Report

September 2018

This report was prepared in support of the environmental analysis for the 2018 Empire ExplorationDrilling Project proposed by Konnex Resources, Inc. The report covers geology and hydrology, proposed drilling procedures and analysis of potential effects to groundwater resources.

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Brandon Hill Flashnote

29 June 2020

Phoenix Copper Ltd (“Phoenix”) has announced extremely positive results from the initial metallurgical test work at the AuRIC laboratories in Salt Lake City, for the recovery of precious metals occurring in the Empire Mine deposit.

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AuRIC Metallurgical Labs LLC Report

June 29, 2020, Mackay, ID - Magnetite Ore Laboratory and Bench Scale Gold-Silver Extraction Project.

Magnetite ore submitted for metallurgical extraction tests from the Empire Mine property of Konnex Resources, Inc. located in Mackay, ID milled to all -8OM size, yielded excellent gold-silver recovery results and very low reagent consumptions with both sodium cyanide and ammonium thiosulfate lixiviants…

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Hardman & Co.

14 May 2020

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WH Ireland Report

12 May 2020

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Brandon Hill Flashnote

29 January 2020

Phoenix Copper Ltd (“Phoenix”) has announced the results of ongoing exploration at the Company’s Red Star silver deposit, (“Red Star” or the “Red Star Zone”) adjacent to the Company’s Empire copper deposit in Idaho, USA.

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Brandon Hill Flashnote

14 November 2019

Phoenix announces equity subscription and loan placing note to raise £850,000.

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Brandon Hill Flashnote

21 October 2019

Phoenix highlights the polymetallic sulphide potential at the Red Star and White Knob Mine Group.

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First stage in potential world-class copper mine

22 August 2019

Hardman & Co’s latest research report featuring PXC’s strategy, new model, upside potential, risks and investment summary.

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Summary of the Updated Resources for the Empire Mine Project

06 May 2019

Zachary J.Black, SME-RM; Hard Rock Consulting’s update of the copper, zinc, silver and gold mineral resource estimates at the Empire Mine and the maiden estimate of the Red Star Sulphide Area.

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Brandon Hill Flashnote

27 February 2019

Phoenix Increases Empire Mine Land Position by 3.880 Acres.

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SP Angel Mining Flashnote

22 November 2018

Starting to connect the mineralisation at Empire.

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Brandon Hill Flashnote

30 October 2018

The Empire Mine Vicinity Represents a “District Style Opportunity”.

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2018 Empire Mine Channel Sampling Results

02 October 2018

The Empire Mine Vicinity Represents a “District Style Opportunity”.

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Hallgarten & Company Initiation of Coverage

02 October 2018

Phoenix Global Mining, Building Block of a Copper Renewal.

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Hallgarten Company

27 September 2018

Initiation of Coverage.

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Brandon Hill Flashnote

24 September 2018

2018 Empire Mine Drilling Programme Intercepts High Grade Sulphide Mineralisation.

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Brandon Hill Flashnote

04 September 2018

Phoenix Announces 2018 Empire Mine Drilling Programme Identifies Two Significant Mineralised Extensions.

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Brandon Hill Flashnote

07 August 2018

Phoenix Announces Update on 2018 Drilling Programme and Acquisition of Empire Southern Extension Granite Block.

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Preliminary Economic Assessment Completed for Empire Mine Project

19 April 2018

16% Increase in Forecast Annual Copper Production.

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Brandon Hill Flashnote

19 April 2018

Phoenix Announces Completion of the Preliminary Economic Assessment for the Empire Mine.

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Brandon Hill Flashnote

11 April 2018

Phoenix Announces Acquisition of 21 Additional Unpatented Mining Claims Contiguous to the Horseshoe Claim Block.

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SP Angel Metals & Mining Note

07 March 2018

Rebuilding Empire - A New Start.

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Brandon Hill Flashnote

07 March 2018

Rebuilding Empire - A New Start.

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Brandon Hill Flashnote

13 February 2018

Phoenix Announces Acquisition of Gordon Lake Gold Property in Canada.

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Brandon Hill Flashnote

15 January 2018

Proposed New US Tax Regime and Revised Copper Price Forecasts Boost Valuation of the Empire Mine.

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Brandon Hill Flashnote

05 December 2017

Phoenix Announces 70% Expansion of Its Empire Mine Land Position.

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Brandon Hill Flashnote

15 November 2017

Phoenix Announces 33% Increase in JORC Resource for the Empire Mine Oxide Pit.

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Brandon Hill Flashnote

01 November 2017

Phoenix Releases Robust Drill Results.

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Brandon Hill Flashnote

24 October 2017

Phoenix Announces Addition of Copper-Cobalt Properties in Idaho.

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Brandon Hill Flashnote

05 October 2017

Phoenix AnnouncesFurther Excellent Drill Results at the Empire Mine.

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Brandon Hill Flashnote

12 September 2017

Phoenix Announces Update on Empire Mine.

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Brandon Hill Initiate Post-IPO Coverage

08 August 2017

Post-IPO Coverage from Brandon Hill.

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