Canterra Minerals · TSXV:CTM

Canterra Minerals — Investor Presentation (July 2023)

29 slides from Canterra Minerals's investor presentation, July 2023

  1. Slide 1: Critical Mineral Exploration Newfoundland

    CRITICAL MINERAL EXPLORATION NEWFOUNDLAND July 2023 TSX.V: CTM OTCQB: CTMCF info@canterraminerals.com www.canterraminerals.com

  2. Slide 2: Forward Looking Statements & Disclosures

    Forward Looking Statements & Disclosures TSXV:CTM This presentation was prepared by management of Canterra Minerals Corporation (“Canterra” or the “Company”). The information contained in this presentation (a) is provided as at the date hereof, (b) does not purport to contain all the information tha

  3. Slide 3: Major Minerals Deposits in a Tier-1 Jurisdiction

    Major Minerals Deposits in a Tier-1 Jurisdiction ✓ STRATEGIC LAND POSITION IN NEWFOUNDLAND ▪ Adjacent Past producing Buchans & Teck’s Duck pond high-grade zinc and copper mines ▪ 517 km2 in the heart of critical minerals production in Newfoundland ▪ Lemarchant & Boomerang projects fully permitted fo

  4. Slide 4: Overview

    Overview • Focused on critical mineral and gold exploration in Central, Newfoundland • Canterra VMS Properties o VMS Properties include 4 deposits over 94 km2 land package o Resource Stage: host to NI 43-101 compliant resource of: o Indicated: 4.1 Mt averaging 6.6% Zn, 0.7% Cu, 2.0% Pb, 1.3 g/t Au,

  5. Slide 5: Management and Board of Directors

    Management and Board of Directors Chris Pennimpede, P.Geo – CEO & Director Andrew Farncomb, B.Comm – Director & Chairman • 14 years of exploration experience • Founder and Managing Partner of Cairn Merchant Partners LP • VP Corporate Development at Contact Gold • Former Partner at Paradigm Capital I

  6. Slide 6: Capital Structure

    Capital Structure Capital Structure Shareholders Shareholders Share Price C$ $0.060 Shares Outstanding M 100.2 Market Capitalization C$mm $6.0 Cash C$mm $1.0 Warrants (Total) M 20.8 Options M 7.2 Shares Outstanding (Fully Diluted) M 128.2 Options & Warrants Retail, HNW and Options - Expiry # mm Stri

  7. Slide 7: Major Deposits

    Major Deposits TSXV:CTM Rambler Cu Leamington (14Mt) Zn Hammerdown (500koz) York Harbour Cu-Zn Golden Promise Deposit (120koz) Moosehead Lundberg Deposit (16Mt Zn-Cu) Boomerang (2Mt Zn) The Knob Deposit (78koz) Duck Pond Mine Lemarchant Deposit Golden Rose (3Mt Zn) Valentine Deposits (4.8Moz) Cape R

  8. Slide 8: Land Position

    • Road access from Millertown • Established resource base on Critical Minerals Properties Lundberg Deposit Land Position TSXV:CTM • Critical minerals properties have significant scope for expansion of resources Clipper Brook • Gold properties cover significant strike of ~80km along major gold-bearin

  9. Slide 9: Resource Base

    Resource Base • Strong average gold grades greater than 1.0 g/t at the Lemarchant and Boomerang deposits Contained Metal (4) Deposit Category Tonnes Au Ag Zn Pb Cu Zn Eq. Zinc Copper Precious Metals Zn Eq. (4) M g/t g/t % % % % M lbs M lbs Au Eq. oz (4) M lbs (1) Lemarchant Indicated 2.4 1.2 64.0 6.

  10. Slide 10: Critical Minerals Properties

    Critical Minerals Properties 10

  11. Slide 11: Critical Minerals

    Critical Minerals • Victoria Lake supergroup in Central Newfoundland contains abundant Cambrian to Ordovician VMS deposits across several volcano-sedimentary belts. • Canterra VMS deposits are hosted in the Tally Pond Belt, Long Lake Belt & Tulks Belt, in close proximity to the Buchans mine and to T

  12. Slide 12: Critical Minerals

    Critical Minerals Lundberg Deposit (16Mt Zn-Cu) TSXV:CTM • 5 Critical Minerals properties located within key VMS-bearing belt containing past producing Critical minerals mines • Drill ready targets on known deposit areas Duck Pond Mine (5Mt • All year road access and established Zn-Cu) infrastructur

  13. Slide 13: Lemarchant Property

    Lemarchant Property • Underlain by Tally Pond Group bimodal volcanics, host to several mineralized showings as well as the historic Duck Pond Mine • >50,000m (165 drill holes) drilled: • Main Zone Resource 100-250m deep 8.7m @ 23.8% ZnEq • NW Zone Resource 300-400m deep 1 • Significant intervals: •

  14. Slide 14: Lemarchant – Main Zone South Extension

    Lemarchant – Main Zone South Extension • Main Zone truncated to South by normal fault • Some mineralized holes drilled to the south NW SE • Up-dip area may be prospective for higher-grade undiscovered extensions Zn % 6 Untested up-dip 4 area 2 1 0.5 Truncated by fault to South LM13-65 Untested up-di

  15. Slide 15: Boomerang & Domino

    Boomerang & Domino • Underlain by Tulks Hill Group bimodal volcanics, with zones of alteration associated with sulphides mapped • >71,000m (231 drill holes) drilled at Boomerang- Domino NE extension not tested • Extensive geophysical & geochemical dataset including gravity, magnetics & Titan EM • EM

  16. Slide 16: Boomerang – Summary of Key Targets

    Boomerang – Summary of Key Targets • Significant potential for massive sulphides below Boomerang • Little to no drilling completed to SW of Boomerang – potential for shallow extensions • Domino remains open to the NE and SW • Hurricane Prospect open to the NE, offset by Baxter Pond Fault TSX.V: CTM

  17. Slide 17: Long Lake & Tulks East

    Long Lake & Tulks East • Significant area underlain by volcanic package (Victoria Lake Supergroup) host to regional VMS targets Tulks East drilling Untested soil anomalies • Long Lake – 103 drillholes (26,881 m) • Long Lake resource 50-400m depth: • Long Lake Highlight Intervals: • 3.35m @ 2.6% Cu,

  18. Slide 18: Gold Properties

    Gold Properties 18

  19. Slide 19: Gold Properties Overview

    Gold Properties Overview • Located along a continental collision margin formed as part of the Appalachian Orogeny – the collision of Laurentia with Gondwana and it’s micro-continents (Gandaria and Avalonia) o The Dog Bay Line (DBL) is a major suture formed by the closing of the Iapetus Ocean and can

  20. Slide 20: Valentine Lake Shear Zone “VLSZ”

    Valentine Lake Shear Zone “VLSZ” • Northeast-Southwest trending crustal-scale fault zone (>200 km in length) with multiple significant gold discoveries • Trace of VLSZ corridor marked by belt of Rogerson Lake Conglomerate • Rogerson Structural Corridor has the same structural architecture of the wor

  21. Slide 21: Marathon Gold’s Valentine Lake (5.1Moz Au)

    Marathon Gold’s Valentine Lake (5.1Moz Au)(1) • Largest Undeveloped Gold Resource in Atlantic Canada • Construction stage project released from assessment in 2022 with early works construction that began in October Alder Elm • Five deposits defined to date on 20km trend – 4.0Moz M&I (1.90g/t Au) and

  22. Slide 22: Wilding and the VLSZ

    • Testing of East Alder licences – NE striking Red Ochre Thrust with soil anomalies Wilding and the VLSZ • Continued testing of Red Ochre zone • Testing of West Wilding VLSZ target Dogberry • Granite Target below RLC – testing for shallower shear zone (WL-17-29 intersected North Wilding 3.9m @ 1g/t

  23. Slide 23: Wilding: Summary of Drilling to Date

    Wilding: Summary of Drilling to Date Wilding: Summary of Drilling to Date Target Zone Metres Holes Soil targets along VLSZ Elm 1,808 22 Alder 1,032 9 Elm 5m @ 10 g/t Red Ochre 3,053 18 0.5m @ 40 g/t Dogberry 839 7 VLSZ (North) 2,000 8 West Wilding 1,805 9 Alder Other 2,068 11 Total 12,605 83 Dogberr

  24. Slide 24: Future Wilding Exploration

    Future Wilding Future Exploration Wilding Exploration • Testing of East Alder licences – NE striking Red Ochre Thrust with soil anomalies • Continued testing of Red Ochre zone Granite Target • Testing of West Wilding VLSZ target • Granite Target below RLC – East Alder testing for shallower shear zon

  25. Slide 25: Diamond Properties

    x Diamond Properties \ 25

  26. Slide 26: Buffalo Head Hills Project

    Buffalo Head Hills Project • The Buffalo Hills Property is a Joint Venture between Canterra (50%) and Star Diamonds Corporation (50%) • Canterra is the operator of the project • The area consists of 21 mineral leases covering ~4,800 hectares • Historic expenditures on the project of over $15 million

  27. Slide 27: Peer Group Market Cap (C$mm)

    Peer Group Great Atlantic FS/PFS/PEA Churchill Resource C2C Pre-Resource Market Cap (C$mm) 1090 301 31 26 23 20 19 19 14 12 5 4 7 6 2 6 Source: Capital IQ Pro, June 8th 2023 TSX.V: CTM OTCQB: CTMCF www.canterraminerals.com info@canterraminerals.com 27

  28. Slide 28: Exploration & Milestones

    Exploration & Milestones TSXV:CTM • 2023 Exploration ▪ Leveraging our critical minerals databases to stake new opportunities throughout Canada ▪ 2,000m for Lemarchant resource expansion and exploration ▪ Drilling at Boomerang ▪ Belt-scale targeting for orogenic gold systems on Noel-Paul project • Mi

  29. Slide 29: Contact Information

    Contact Information Tel: 604-687-6644 | E: info@canterraminerals.com www.canterraminerals.com

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