The Montana Hard Rock Mining Impact Act, a law unique to Montana and of great importance for local governments, requires a large-scale mineral development to prepare a Hard Rock Mining Impact Plan (“HRMIP”) which describes the social and economic impacts the mineral development will have on affected units of local government. The Company must then provide the local governmental entities funding to address identified financial impacts. Local government entities affected by Black Butte Copper are Meagher County, the City of White Sulphur Springs, and White Sulphur Springs Public School District #8. The agreed Black Butte Copper HRMIP required the Company to place $437,000 into an escrow account available for access by the local government entities as needed during mine construction. Over the years of 2020, 2021, and 2022, all money was drawn from the account for use by these entities. This process undergoes an annual review ensuring that the mine is adequately covering impacts.