Astra Exploration Inc · TSXV:ASTR
Astra Exploration — Investor Presentation (January 2026)
43 slides from Astra Exploration's investor presentation, January 2026
Slide 1: Continuing a Legacy of Gold & Silver Discovery
Continuing a Legacy of Gold & Silver Discovery INVESTOR PRESENTATION January 2026
Slide 2: Cautionary Statement
ABOUT ASTRA EXPLORATION Cautionary Statement This presentation contains forward-looking statements which reflect the expectations of management regarding the business development objectives and plans of Astra Exploration Inc. “Astra” or the “Company”. All statements, other than statements of histori
Slide 3: Macro Factors
Overview Value Proposition Macro Factors Precious metals bull market: IF the trend remains intact, pullbacks = opportunity Central banks purchasing gold Governments acknowledging need for precious & critical metals → driving policy Global debt soaring, specifically government debt Investor allocatio
Slide 4: Astra Exploration Value Proposition
Overview Value Proposition ASTRA EXPLORATION Factors High-grade gold and silver portfolio…….GRADE = MARGIN Industry-recognized team credited with world-class discoveries Tight capital structure with an exceptional shareholder registry Shareholder/management alignment Catalyst events: Active drilling
Slide 5: Astra Exploration Directors & Advisors
ABOUT ASTRA EXPLORATION Astra Exploration Directors & Advisors BRIAN DAVID DARCY CHARLES MILLER CAULFIELD MARUD FUNK CEO & Director Advisor Independent Director Independent Director Brian began working in Over 35 years of experience in Led exploration teams involved in Charles has over 13 years of e
Slide 6: Astra Exploration Management
ABOUT ASTRA EXPLORATION Astra Exploration Management BRIAN DIEGO MAHESH ROBERTO ALARCON MILLER GUIDO LIYANAGE BITTNER CEO & Director Exploration Director CFO VP & Country Manager, Chile & Argentina Brian began working in Diego is a globally-recognized Mahesh is a Chartered Professional Mr. Alarcon h
Slide 7: Capital Structure
ABOUT ASTRA EXPLORATION Share Structure: Capital Issued & Outstanding ~117M Structure Warrants 800K @ $0.18 April 2026 ~0.8 M Options 1.8M: February 2027 @ $0.35 ~7.8 M 5.8M December 2029 @ $0.13 Strategic Investors Include: 0.2M May 2031 @ $0.20 • Michael Gentile, CFA (Bastion Asset Management) • M
Slide 8: Share Price Performance
ABOUT ASTRA EXPLORATION Share Price Performance As of Jan 7, 2026 Key Statistics: • 52 week range: $0.11 - $0.78 • Average TSXV Volume: ~175,000 • Average OTC Volume: ~112,000 ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 8
Slide 9: Portfolio at a Glance
PORTFOLIO AT A GLANCE Targeting large gold-silver deposits Building a pipeline of company-making opportunities in Pampa Paciencia Argentina and Chile Antofagasta Cerro Bayo ● La Manchuria: Bonanza grade gold & silver – Argentina Legend Santiago Buenos Aires *Phase II drill program of ~10,000m commen
Slide 10: Why Gold & Silver in Argentina
WHY GOLD & SILVER IN ARGENTINA Deseado Massif Epithermal Gold & Silver Mining friendly province of Santa Cruz Host to world-class Cerro Negro (Newmont) and Cerro Vanguardia (AngloGold) mines Multiple nearby mining operations ASTRA EXPLORATION La Manchuria Availability of skilled labor Leads Argentin
Slide 11: Deseado Massif: Risk/reward can be exceptional
WHY GOLD & SILVER IN ARGENTINA Deseado Massif Risk/reward can be exceptional! Epithermal *Noteworthy M&A in Deseado Massif during last gold cycle* Gold & Silver Deseado Massif is a young exploration region Analogue deposits with geological similarities Limited investment in recent years Investment a
Slide 12: Open, Bonanza-Grade Gold & Silver Intercepts
LA MANCHURIA La Manchuria Project Open, Bonanza-Grade Gold & Silver Intercepts Best results at Main Zone include: 20.5m at 10.4 g/t gold + 810 g/t silver 1.60m at 257 g/t gold + 4,237 g/t silver Post-Mineral 4.00m at 26.3 g/t gold + 3,156 g/t silver Volcanics 2.00m at 52.6 g/t gold + 3,274 g/t silve
Slide 13: Phase I Results: Key Findings
LA MANCHURIA La Manchuria Project Phase I Results: Key Findings 2,500m DDH drill program consisting of 11 holes completed in May 2025 Multiple new parallel veins discovered near surface Extension of primary mineralized veins plunging beneath volcanics to the southeast Post-mineral breccia appears to
Slide 14: Phase I Drilling: Target Areas
LA MANCHURIA La Manchuria Project Phase I Drilling: Target Areas #1: Testing for extension of mineralized structures along strike to southeast #2 & #3: Testing for new parallel structures & depth extension of known structures #4: Eastern Zone – Testing at depth and along strike ASTRA EXPLORATION (TS
Slide 15: Phase I Drilling: Target #1
LA MANCHURIA La Manchuria Project Phase I Drilling: Target #1 LMD-107A: From 189.5m 1.6m @75.1g/t Au + 87g/t Ag Incl: 0.6m @199.3g/t Au + 228g/t Ag #1: Testing for extension of mineralized structures along strike to southeast LMD-107A intersected the vein in rhyolitic tuff = high grade LMD-110 inter
Slide 16: Phase I Drilling: Target #1
LA MANCHURIA La Manchuria Project Rhyolitic tuff (pink) plunging to the southeast Phase I Drilling: Constrained by andesites (green) & post-mineral cover (blue) Target #1 Post-mineral cover appears to be thinning to the southeast Plan map with long section (image to the right) in pink Post-Mineral B
Slide 17: Phase I Drilling: Target #1
LA MANCHURIA La Manchuria Project Geophysics also indicate thinning of post mineral cover Phase I Drilling: Rhyolitic tuffs getting thicker to southeast Target #1 Potential opening along strike and vertically Gradient IP survey showing resistivity Post-Mineral Bx Rhyolitic Tuff Pyroclastic Seq 100m
Slide 18: Phase I Drilling: Target #2
LA MANCHURIA LMD-109: From 154m 4m @3.74g/t Au + 81.45g/t Ag Incl: 1m @12.23g/t Au + 20.4g/t Ag La Manchuria Project Phase I Drilling: Target #2 LMD-109 intersected parallel veins with grade, extending system laterally Four mineralized structures intersected in this hole All veins open along strike
Slide 19: Phase I Drilling: Target #2
LA MANCHURIA La Manchuria Project LMD-108A: From 124.6m Phase I Drilling: 4.4m @11.8g/t Au + 2,781g/t Ag Incl: 1.4m @35.34g/t Au + 8,356g/t Ag Target #2 LMD-108A intersected “Argentum Vein” ~80m beneath previous drilling Thinner veins coalesce at depth to form thicker high-grade structure Argentum v
Slide 20: Phase I Drilling: Target #2
LA MANCHURIA La Manchuria Project Phase I Drilling: Target #2 Coalescing Vein Structure LMD-108A intersected “Argentum Vein” ~80m beneath previous drilling Coalescing Vein Structure Thin veins coalesce at depth (magenta) to form thicker high-grade structure Argentum vein is open in all directions AS
Slide 21: Phase I Drilling: Target #3
LA MANCHURIA La Manchuria Project Phase I Drilling: Target #3 LMD-105 discovered 3 new veins near surface, all with >8g/t AuEq intervals All veins open to depth, along strike, and laterally under tertiary volcanics LMD-105: From 6.4m 2m @6.86g/t Au + 488.5g/t Ag Incl: 1m @10.17g/t Au + 893.8g/t Ag 1
Slide 22: Phase I Drilling: Target #3
LA MANCHURIA La Manchuria Project Phase I Drilling: Target #3 LMD-113 discovered 4 mineralize veins, all LMD-113: From 63.8m within ~80m of surface 1.3m @17.3g/t Au + 61g/t Ag Incl: 0.5m @31g/t Au + 110g/t Ag All veins open to depth, along strike, and laterally under tertiary volcanics Veins with hi
Slide 23: Phase I Drilling: Target #3
LA MANCHURIA La Manchuria Project Phase I Drilling: Target #3 Coalescing Vein Structure LMD-113 intersected 4 mineralize veins, all within ~80m of surface All veins open to depth, along strike, and laterally under tertiary volcanics Veins with highest grades appear to coalesce at depth (magenta) AST
Slide 24: Phase I Drilling: Target #4
LA MANCHURIA La Manchuria Project Phase I Drilling: Target #4 LMD-112 extended previously-discovered LMD-112: From 99m vein ~40m to depth 3m @3.8g/t Au + 25g/t Ag Incl: 0.8m @13g/t Au + 43g/t Ag Discovered parallel structures near surface grading 4m @ 7.6g/t Au + 0.5g/t Ag All veins are open along s
Slide 25: Phase I Drilling: Target #4
LA MANCHURIA La Manchuria Project Phase I Drilling: Target #4 LMD-114 intersected veins in andesite rocks, but no significant grade…..HOWEVER: LMD-114 did drill through the andesites into a pyroclastic (host rock) at depth LMD-114: No significant grade LMD-110 also drilled through the andesites into
Slide 26: Phase I Drilling: Revelations
LA MANCHURIA La Manchuria Project Andesites previously interpreted as a solid basement rock Phase I Drilling: 2 holes drilled through the andesites into new host rock units REVELATIONS Early indication of new potential at depth Christmas-tree Laccolith ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF)
Slide 27: Phase II Drilling: Target #1
LA MANCHURIA La Manchuria Project 3-D Geophysics clearly show faulted blocks Phase II Drilling: West Feeder extended to northwest and southeast Target #1 West Feeder open in both directions along strike Resistivity expressed in ohm-m. ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 27
Slide 28: Phase II Results: Key Findings
LA MANCHURIA La Manchuria Project Phase II Results: Key Findings Eastern Zone vein continuity • Minimum 200m strike confirmed • Extends to ~150m depth New parallel structure: “Road Zone” • ~350m northeast of Eastern Zone ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 28
Slide 29: Summary Overview
SUMMARY La Manchuria Project Summary Overview: Immediate catalyst event: 10,000m drill program underway at La Manchuria Assays expected in Jan & Feb Market opportunity: Oct 2025 financing: C$6.25M at $0.62/share – no warrant. Quality people: Directors, Management & Investors VALUE CREATORS → Multipl
Slide 30: Why Gold in Chile: Paleocene Belt of Northern Chile
ASTRA EXPLORATION N WHY GOLD IN CHILE Pampa Paciencia Paleocene Belt of Spence Northern Chile Faride Sierra Gorda Lomas Bayas Legend Antofagasta Chile: A Tier 1 Mining Jurisdiction San Paleocene Cristóbal epithermal ● World’s largest copper producer Paleocene porphyry Cu ● 2022 gold production ~ 1 M
Slide 31: Pampa Paciencia District
ASTRA ASTRA EXPLORATION EXPLORATION Pampa Paciencia ASTRA EXPLORATION N PAMPA PACIENCIA Dominador ASTRA EXPLORATION Dominador Pampa Paciencia District- Epithermal Gold-Silver Spence2 10.8Mt Copper 277Mt Spence and Molybdenum Porphyry Copper ASTRA EXPLORATION EXPLORATION ASTRA Impaciencia Impaciencia
Slide 32: Epithermal Discovery
PAMPA PACIENCIA Epithermal Discovery Exploration Results Prospective area greatly expanded beyond previously known mineralization 8.5 km strike length of vein fields as indicated by large (+25 cm) mineralized float samples Early evidence of a large concealed low-sulphidation epithermal (LSE) system
Slide 33: Epithermal Discovery
PAMPA PACIENCIA Epithermal Discovery Exploration Results Drilling has focused on a small area (white boundary) Very high correlation between known veins and mag low lineaments Over 4 km of vein coincide with mag lineaments in immediate project area Project area (untested mag lineaments) remains over
Slide 34: Epithermal Discovery
PAMPA PACIENCIA Epithermal Discovery Exploration Results Geological model successful at discovering concealed veins – 44 of 45 holes intersected vein structures Drilling confirms over 2 km of vein strike length, averaging 10-15 metres estimated true thickness Good consistency of vein thickness and c
Slide 35: Epithermal Discovery
PAMPA PACIENCIA Epithermal 3 shoots of gold mineralization discovered Discovery Wide mineralized intervals (typically 10-30m) Exploration Results Deepest shoot is open in all directions Notes: AuEq is comprised of Au+Ag and assumes a ratio of 80 based on $1,800/oz Au and $22.50/oz Ag. Reported grade
Slide 36: Epithermal Discovery
PAMPA PACIENCIA Epithermal Mineralization and geology similar to Faride Mine Discovery Paciencia veins are ~4x thicker than average at Faride Exploration Results Deepest known hole at Faride is ~200m below surface Notes: AuEq is comprised of Au+Ag and assumes a ratio of 80 based on $1,800/oz Au and
Slide 37: Comparisons with The El Peñón mine
PAMPA PACIENCIA Comparisons with The El Peñón mine Note: Similarities with other deposits are referenced for geological context only and do not imply or guarantee the same or similar mineral content or economic value. El Peñón Discovery* NOV 1992 Both occur within the well-defined Discovery float sa
Slide 38: El Peñón Deposit Characteristics
PAMPA PACIENCIA El Peñón mine Deposit Characteristics Note: Similarities with other deposits are referenced for geological context only and do not imply or guarantee the same or similar mineral content or economic value. COMPARISON El Peñón veins can be very Pampa Paciencia thin and subtle at surfac
Slide 39: El Peñón Deposit Characteristics
PAMPA PACIENCIA El Peñón mine Deposit Characteristics Source: Yamana Gold 2018 Tech Report Source: Yamana Gold 2017 Site Visit Presentation Surface expressions Ongoing, drill focused, Veins can be obscured by of veins is poor exploration continues to young pampa cover (eg discover additional veins M
Slide 40: Dominador Copper Target
PAMPA PACIENCIA Hydrothermal tourmaline breccia w/ porphyry clasts at surface Dominador Geological and mineralization similarities to Sierra Gorda Copper Target ~2km x 1km corridor = room for large deposit Dominador Sierra Gorda ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 40
Slide 41: Dominador Copper Target
PAMPA PACIENCIA Previous work includes ground mag, IP, trenching & drilling Dominador IP performed after 8 shallow drill holes by Teck Copper Target Best target remains to the east and at depth ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 41
Slide 42: Cerro Bayo: HSE-Porphyry Gold Project in Elephant Country
DON MARIO - CERRO BAYO Cerro Bayo: HSE-Porphyry Gold Project in “Elephant Country” Situated among several noteworthy deposits in a world-class trend Large underexplored 8x6 km property in the Maricunga – 100% owned by Astra Limited drilling in 1990 (8 holes, 1660m) into a very discrete zone ‘Salaras
Slide 43: Astra-Exploration.com contact details
+1-604-428-0939 info@astra-exploration.com Astra-Exploration.com 595 Burrard Street, Suite 1723 Vancouver, British Columbia V7X 1J1
Astra Exploration — Investor Presentation (January 2026) on 6ix