Inca One Gold Corp. announced its collaboration with the Swiss Better Gold Association ("SBG") regarding cooperative activities related to enrolling Artisanal and Small-Scale Gold Mining ("ASGM") suppliers of Inca One into the Swiss Better Gold Initiative ("SBGI"), a pioneering network of industry, finance and other service providers which support the creation of responsible gold value chains from mine to market. SBG is a non-profit industry association dedicated to improving social and environmental conditions in ASGM communities and facilitating the entry of responsible artisanal gold to the Swiss market.

To reach its objectives, the SBG implements a simple, market driven ASGM inclusion approach consisting of supporting ASGM producers in gradually achieving a number of Environmental, Social and Governance (ESG) criteria. SBG announced its first Step 1 accreditation of Inca One's processing plant marks an important step for the SBG to achieve its objectives of significantly growing the number of artisanal and small-scale miners involved in responsible supply chains and giving them access to international markets. The partnership between the Swiss Better Gold Association and Inca One Gold Corporation demonstrates a strong commitment of the parties to contribute to positive change in the ASGM sector.

And while this accreditation represents a first milestone, both the SBG and Inca One acknowledge challenges laying ahead and the importance of continuous improvement to achieve this ambitious goal. This collaboration sets an important step for the creation of enabling conditions and finding practical solutions in allowing more ASGM producers access to ASGM premium market models such as the Swiss Better Gold and, consequently, fostering social and environmental improvements directly benefitting the sector and producing regions.