T2 Metals Corp · TSXV:TWO
T2 Metals — Investor Presentation (July 2026)
57 slides from T2 Metals's investor presentation, July 2026
Slide 1: Writing the Next Chapter in Discovery
WRITING THE NEXT CHAPTER IN DISCOVERY Discovering and advancing gold, silver and copper projects in tier-one jurisdictions TSXV: TWO | OTCQB: TWOSF | FRA: WJ6 JULY 2026 | T2METALS.COM T2METALS.COM 1
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Cautionary note regarding forward-looking statements These forward-looking statements are subject to a number of risks and uncertainties. Mineral Resources that are not Mineral Reserves do not have demonstrated Actual results may differ materially from results contemplated by th
Slide 3: Who We Are
Who We Are VISION Building a leading discovery-focused explorer with high-quality assets in tier-one jurisdictions STRATEGY To discover and develop high-quality mineral deposits through a focus on technical excellence, disciplined use of capital and responsible partnerships with all stakeholders “ G
Slide 4: Management & Board
MANAGEMENT & BOARD Well-balanced Board & Advisory with Financial, Marketing & Technical Skill Set Mark Saxon Martin Hoff Brice Jonassen Director, President & CEO Director GIS Consultant Martin is based in Germany, and has 15+ Brice specializes in cartography, remote Mark has 30+ years of experience
Slide 5: Investment Highlights
INVESTMENT HIGHLIGHTS A Well-resourced Modern Explorer, with the Projects & People for Success An enviable team, a clear focus, a balanced and attractive portfolio 01 Leading Board & Technical 02 Long-term Focus on 03 Resource-stage Projects Teams Copper, Gold & Silver Plus Discovery Upside ▪ Strong
Slide 6: Share & Performance Overview
SHARE & PERFORMANCE OVERVIEW1 Board & Management Invest Alongside Shareholders KEY POINTS PERFORMANCE SHAREHOLDERS Strong Board/investor alignment $0.70 Low share count, cash in the bank Strategic & $0.60 Institutional Discovery will deliver re-rating $0.50 30% $0.40 45% Retail Investors STRUCTURE $
Slide 7: A Discovery & Near-Development Portfolio
A DISCOVERY & NEAR-DEVELOPMENT PORTFOLIO Exploring in Jurisdictions Where Discoveries Get Made & Mines Get Built YUKON SHANGHAI Silver, Gold Undrilled project in a major discovery district YUKON AURORA Gold, Silver MANITOBA Underexplored project in a proven gold district SHERRIDON Copper, Zinc, Gold
Slide 8: Yukon
Yukon The Yukon is one of the world’s most historic and active regions for mineral exploration and mine development, with renewed interest driving new discoveries across the territory. T2 Metals’ highly prospective Shanghai and Aurora projects in the Tombstone Gold Belt were acquired from renowned p
Slide 9: The Yukon: More to Find Than Has Been Found
THE YUKON: MORE TO FIND THAN HAS BEEN FOUND Legendary Prospectors & Modern Exploration are Unlocking a New Generation of Yukon Discoveries THE YUKON’S FIRST GOLD RUSH Chilkoot Pass: Gateway to the Yukon I c.1897 ■ The famous Gold Rush that began in 1896 and lasted several years, attracted more than
Slide 10: Positioned in Yukon's Prolific Mineral Belts
POSITIONED IN YUKON’S PROLIFIC MINERAL BELTS A Famous Gold District with a Bright Future – Discovery is Moving to Development T2 Metals’ Yukon assets lie within the Tombstone Gold Belt. This historically famous geological region has seen a huge resurgence in Aurora ex-Victoria Gold investment and di
Slide 11: Shanghai & Aurora: Nearby Projects
SHANGHAI & AURORA: NEARBY PROJECTS Project Date Author Report For Tonnes (M) Au (g/t) Contained Gold Status 34.5 1.03 1.14 Moz Measured & Indicated Brewery Creek 18/01/2022 Cook. C. et al., 2022. Sabre Gold Mines Corp. 36.0 0.88 1.02 Moz Inferred Report Title: Preliminary Economic Assessment. NI 43-
Slide 12: Yukon Discoveries Are Rewarded
YUKON DISCOVERIES ARE REWARDED Discovery Success is Drawing Major Capital to the Yukon Yukon explorer market caps* Major Investors Current market capitalization, CAD $M Successful discoveries continue to $0 $100 $200 $300 $400 $500 $600 $700 $2.5B $3.0B attract major mining and institutional investo
Slide 13: From Mushroom Pickers to Mining Pioneers
FROM MUSHROOM PICKERS TO MINING PIONEERS The Legendary Prospectors Behind Shanghai & Aurora Discovery Legacy: Helped Spark the “Second Klondike Gold Rush” PDAC Bill Dennis Award v One of the most successful Yukon discovery Their discoveries triggered a major modern Canada’s highest honour THE NEXT C
Slide 14: Shanghai Project Highlights
SHANGHAI PROJECT HIGHLIGHTS Yukon, Canada | Silver-Gold Acquired silver-gold project Geological "twin" to Keno Hill from renowned prospector Mine and AurMac Gold Project ■ Project held for 20 years awaiting right ■ Staked due to similarity between old market and partner Shanghai silver mine and 350
Slide 15: Mayo Mining District: The Land of Giants
MAYO MINING DISTRICT: THE LAND OF GIANTS A District Defined by Discovery, Endowment & and Exploration Exploration Success Success 15
Slide 16: Shanghai: Undrilled Potential in Plain Sight
MAYO SHANGHAI: MINING DISCOVERY DISTRICT: POTENTIAL THE LAND OF IN PLAIN GIANTSSIGHT AAn District Undrilled Defined Goldby Target Discovery, Adjacent Endowment to One ofand the Yukon’s Exploration Largest Success Recent Discoveries Banyan Gold AurMac required 300+ drill holes to AURMAC PROJECT defin
Slide 17: Shanghai Soil Geochemistry
SHANGHAI SOIL GEOCHEMISTRY Au-Sb-Bi Anomalies Define Intrusion-related Gold Targets Keno Hill Style • Titan • Shanghai • Shanghai NE • Mari AurMac Style • Bella Eagle Style • Betts 17
Slide 18: Shanghai Soil Geochemistry
SHANGHAI SOIL GEOCHEMISTRY Au-Zn-Ag Anomalies Define Keno Hill-style Silver – Base Metal Targets Keno Hill Style • Titan • Shanghai • Shanghai NE • Mari AurMac Style • Bella Eagle Style • Betts 18
Slide 19: Shanghai Silver Mine
SHANGHAI SILVER MINE New Data Unlocks Past Potential Historical Mapping & Sampling Mapping and sampling from Shanghai during the 1960s remains an excellent source of information. Much of the information has been stored in Faro, and only recently acquired by the Yukon Geological Survey. Mapping and s
Slide 20: Shanghai Silver Mine
SHANGHAI SILVER MINE LiDAR Data Has Allowed Sampling, Mapping & Trenches to be Located Reprocessed and enhanced LiDAR enables the identification and mapping of historical trenches & faults in the vicinity of the Shanghai and Titan Silver Mines, both of which lie within the Shanghai Property. Very hi
Slide 21: Shanghai – LiDAR Defines Trenches
MINERALIZED ROCKS FROM FIRST SAMPLING SHANGHAI – LiDAR Laminated Defines Quartz Trenches with Au Laminated Quartz Veins Associated with IRGS in Tombstone Gold Belt Quartz with sulphide, Betts Laminated quartz, Bella Geochem Anomalies ■ Late 2025 follow up of gold and silver soil anomalies at Shangha
Slide 22: Aurora Project Highlights
AURORA PROJECT HIGHLIGHTS Yukon, Canada | Gold-Silver Acquired gold-silver project Geological "twin" to nearby from renowned prospector ML Gold Project ■ Project held for 20 years awaiting right ■ Closest project to Prospector Metals’ ML market and partner gold discovery ■ 5 km from highway and 60 k
Slide 23: Aurora – All Elements in Place
AURORA DELIVERS ML-STYLE OPPORTUNITY AURORA – All Elements in Place Geological Setting Reflects on the Yukon’s Fastest Moving Targets Geological “twin” ■ Aurora sits in an equivalent geological setting to ML ■ Tombstone-age stocks with skarn aureoles intrude limestone bearing sedimentary sequences 2
Slide 24: Aurora – All Elements in Place
AURORA DELIVERS ML-STYLE OPPORTUNITY AURORA – All Elements in Place Tombstone-age Intrusions Control Mineralization at Both Projects 24
Slide 25: All the Right Ingredients for a Discovery
ALL THE RIGHT INGREDIENTS FOR A DISCOVERY Favourable Geology, Known Mineralization & Multiple Targets Within an Area ▪ Geological setting equivalent to ML, one of the district's most significant discoveries ▪ Mineralizing intrusions and favourable host rocks occur together ▪ Gold mineralization iden
Slide 26: All the Right Ingredients for a Discovery
ALL THE RIGHT INGREDIENTS FOR A DISCOVERY Favourable Geology, Known Mineralization and Multiple Targets Within an Area ▪ Past sampling has located 10’s of mineralized outcrops with +100 g/t Au in samples ▪ Soil and rock sampling now underway to identify new prospects and prioritize for drilling ▪ Mu
Slide 27: Manitoba
Manitoba Manitoba is a globally significant source of critical minerals and plays a vital role in addressing a growing supply deficit. T2 Metal’s Sherridon Project is in the Flin Flon-Snow Lake Greenstone Belt, one of the world’s richest VMS regions. The region continues to draw global investor atte
Slide 28: Advancing a Scalable VMS Opportunity
ADVANCING A SCALABLE VMS OPPORTUNITY VMS Assets Demonstrate Strong Re-Rating Potential Market Cap (CAD $M) Explorers Resource Stage Developers Producers 10,000 $3,700M $1,400M $900M 1,000 $188M $131M $153M $140M $70M $76M 100 $47M $34M $25M $25M $28M $14M $9M $10M 10 1 Canstar Eagle Mountain Nine Mi
Slide 29: Sherridon Project, Manitoba
SHERRIDON PROJECT, MANITOBA A Respected Explorer with an Excellent Asset Sherridon is located in the Flin Flon-Snow Lake Greenstone Belt, one of the most prolific VMS belts in the world. The Belt is a historic, highly active mining region that plays a vital role in securing the world’s critical and
Slide 30: Sherridon Project Highlights
SHERRIDON PROJECT HIGHLIGHTS Manitoba, Canada | Copper-Zinc-Gold-Silver Significant past-producing Five copper-zinc-gold-silver high-grade copper mines mineral resources ■ Two mines operated from 1930’s to 1950’s ■ New mineral resource calculation by T2 supporting local village Metals highlights sca
Slide 31: Sherridon: Exceptional Infrastructure
SHERRIDON: EXCEPTIONAL INFRASTRUCTURE Offers a Material Infrastructure Advantage that Few Pre-development Projects Can Claim Year-round road access All-weather road infrastructure enables year-round access to the project area. Operational rail line Existing rail infrastructure passes directly throug
Slide 32: Sherridon Mineral Resource Estimate
SHERRIDON MINERAL RESOURCE ESTIMATE Resource Demonstrates Scale, Grade & Exploration Upside Potential 01 02 03 04 Four NI 43- +80% Value +430M lb inf. +190K oz inf. 101 Mineral in Cu & Au 84M lb ind. 60K oz ind. Resource of Cu of Au Plus one historical Polymetallic massive Major VMS project in Nearb
Slide 33: Sherridon: Mineral Resource Estimate (Indicated)
SHERRIDON: MINERAL RESOURCE ESTIMATE Four NI43-101 Compliant Mineral Resources, all within 5 km of the Sherridon Village & Rail Siding INDICATED Mine Cut-off NSR Million Au Ag Cu Zn CuEq Deposit Cu % Zn % Type (US$/t) (US$/t) Tonnes g/t g/t (M lb) (M lb) (%) INDICATED Cold Lake OP 20 70.1 0.65 0.35
Slide 34: Sherridon: Mineral Resource Estimate (Inferred)
SHERRIDON: MINERAL RESOURCE ESTIMATE Four NI43-101 Compliant Mineral Resources, all within 5 km of the Sherridon Village & Rail Siding INFERRED Mine Cut-off NSR Million Au Ag Cu Zn CuEq Deposit Cu % Zn% Type (US$/t) (US$/t) Tonnes g/t g/t (M lb) (M lb) (%) INFERRED Cold Lake OP 20 203.2 0.42 1.42 2.
Slide 35: Sherridon: Mineral Resource Estimate
SHERRIDON: MINERAL RESOURCE ESTIMATE Resource Demonstrates Scale, Grade & Exploration Upside Potential Park 6.14 Mt Former Mine Historic Resource Current Resource with production with resource with resource (tonnes) (tonnes) (tonnes) Bob Jungle 11.24 Mt 5.90 Mt ▪ 40 M tonnes of mining + resources Co
Slide 36: Sherridon Mineral Resource Estimate
SHERRIDON MINERAL RESOURCE ESTIMATE Resource Demonstrates Scale, Grade & Exploration Upside Potential Mineral Resource Inventory The Sherridon Camp presents an impressive mineral inventory, with excellent potential for additional discoveries. Combined production and resources equals: 40 Mt @ 1.7% co
Slide 37: Sherridon in Resurgence: A View from the Past
SHERRIDON IN RESURGENCE: A VIEW FROM THE PAST A Strong Legacy and Future with Four Key Opportunities Economic studies on existing near surface deposits Down dip/plunge exploration on existing deposits Deeper exploration for blind discovery with geophysics and drilling High gold/low copper deposit wh
Slide 38: First Exploration Agreement
KICIWAPA CREEa NATION FIRST EA SIGNED IN MANITOBA Friends & Partners in Sherridon First Exploration Agreement of its kind in Manitoba Signed in 2022, the agreement defined a collaborative framework supporting renewed exploration activity and long-term community participation at Sherridon RENEWED LON
Slide 39: The Next Chapter
The Next Chapter BUILDING MOMENTUM. CREATING LASTING VALUE. “ Meaningful discoveries are rarely We are advancing a portfolio of high-conviction accidental — they are built opportunities in tier-one jurisdictions. With through discipline, persistence and long-term conviction." ” district-scale potent
Slide 40: T2 Metals Key Catalysts
T2 METALS KEY CATALYSTS Advancing Discovery-focused Work across the Yukon & Manitoba YUKON YUKON MANITOBA MANITOBA YUKON Yukon Field Data Preparation for Part of the Drill Results Program Collection to Economic Study Sherridon Create Begins Unlock Targets at Sherridon Community Discoveries Mapping a
Slide 41: Why T2 Metals?
WHY T2 METALS? A Well-resourced Modern Explorer with the Projects and People to Succeed On the radar of investment funds, peers and developers Diversified Project Portfolio 01 A strong and strategic portfolio of discovery to resource-stage assets in jurisdictions attracting major investment Experien
Slide 42: T2 Metals Corp. Contact
T2 Metals Corp. Suite 1305 – 1090 West Georgia Street Vancouver, British Columbia V6E 3V7 Tel: +1 604 685 9316 President & CEO Mark Saxon msaxon@t2metals.com Communications Manager Katie Bromley kbromley@t2metals.com TSXV: TWO | OTCQB: TWOSF | FRA: W36 T2METALS.COM Subscribe here for company updates
Slide 43: Appendix 1 – Yukon
Appendix 1 YUKON: Shanghai Project Aurora Project TSXV: TWO | OTCQB: TWOSF | FRA: W36 T2METALS.COM 43
Slide 44: Shanghai: Option Terms
SHANGHAI: OPTION TERMS 100% Earn-in Over a Seven-year Option Term Interest to be Earned Cash Consideration Share Consideration Exploration Commitment v 100% $500,000 3,000,000 $1,800,000 Undivided Interest Total Common Shares Total over 6 years* ACQUISITION TIMELINE — 7 YEAR OPTION TERM a INITIAL ST
Slide 45: Shanghai Silver Mine
SHANGHAI SILVER MINE Continuing a 60-Year Journey, & 100 m Apart A History of Discovery ▪ The Shanghai Silver Mine takes its name from the nearby creek, a past producer of placer gold ▪ The mine was first recorded in the early 1960s, when it was held as part of a collection of projects in the Mayo M
Slide 46: Shanghai Silver Mine
SHANGHAI SILVER MINE The Potential Was Overlooked – But For A Good Reason ▪ In 1963, the Silver Titan team led by geologist Aaro Aho discovered the world-class Faro deposit in the Yukon. Focus and funding was directed to development of this deposit 46
Slide 47: Shanghai Silver Mine
SHANGHAI SILVER MINE Silver Titan Identified High-quality Targets …a grab sample assayed 790.5 oz/ton Ag, 1.1 oz/ton Au, 10.4% Cu 47
Slide 48: Aurora: Option Terms
AURORA: OPTION TERMS 100% earn-in over a seven-year option terms Interest to be Earned Cash Consideration Share Consideration Exploration Commitment v 100% $850,000 3,500,000 $2,500,000 Undivided Interest Total Common Shares Minimum over 8 years ACQUISITION TIMELINE — 7 YEAR OPTION TERM a INITIAL ST
Slide 49: Appendix 2 – Manitoba
Appendix 2 MANITOBA: Sherridon Project TSXV: TWO | OTCQB: TWOSF | FRA: W36 T2METALS.COM 49
Slide 50: Sherridon: Bob Deposit
SHERRIDON: BOB DEPOSIT Long Section 50
Slide 51: Sherridon: Cold Lake Deposit
SHERRIDON: COLD LAKE DEPOSIT Long Section 51
Slide 52: Sherridon: Lost Lake Deposit
SHERRIDON: LOST LAKE DEPOSIT Long Section 52
Slide 53: Sherridon: Jungle Deposit
SHERRIDON: JUNGLE DEPOSIT Long Section 53
Slide 54: Sherridon: Key Intercepts
SHERRIDON: KEY INTERCEPTS Deposit Drill Hole Interval Cu (%) Zn (%) Au (g/t) Ag (g/t) Bob DH08-125 39.4 m 0.97 0.67 0.23 6.36 Bob DH07-061 24.9 m 1.22 0.87 0.49 8.02 Bob SL046 19.3 m 1.31 0.27 0.30 6.75 Cold Lake DH10-156 20.9 m 2.27 3.46 2.15 39.68 Cold Lake DH07-044 26.0 m 1.15 1.39 0.56 14.46 Col
Slide 55: Sherridon: Option Terms
SHERRIDON: OPTION TERMS 100% Earned Through a Staged Joint Venture Interest to be Earned Cash Consideration Share Consideration Exploration Commitment v 100% C$15,000 100,000 C$2,000,000 Undivided Interest Total Common Shares Total Earn-In TIMELINE a INITIAL SHARE EXPLORATION 90% INTEREST JV ELECTIO
Slide 56: Sherridon Project History
SHERRIDON PROJECT HISTORY One of Manitoba’s most important mining camps Former Direct 8 Mt 2.8% Cu Producing VMS Camp Rail Access Historic production Historic grade Historic grade Infrastructure Advantage (1937–1974) High-quality copper High-quality copper Production flexibility DISCOVERY & EARLY DE
Slide 57: The Importance of Doing Things Right
OUR LAND, OUR FUTURE: a EPISODE 1 Returning Home from Sherridon (Kiciwapa) The Importance of Doing Things Right Building strong partnerships that create long-lasting value for communities, projects and future generations During 2025, T2 Metals had the privilege of supporting the Kiciwapa Cree Nation