Selkirk Copper Mines Inc. · TSXV:SCMI
Selkirk Copper Mines — Investor Presentation (March 2026)
34 slides from Selkirk Copper Mines's investor presentation, March 2026
Slide 1: Yukon's Next Producing Copper Mine
Yukon’s Next Producing Copper Mine Writing a New Chapter, Building for the Future Selkirk Copper Mines TSX-V:SCMI | OTCQB:SKRKF | FRA:IO20 selkirkcopper.com March 2026
Slide 2: Cautionary Notes and Technical Disclosure
Cautionary Notes and Technical Disclosure Disclaimer Recipients of this Presentation who are considering acquiring securities of Company or a related entity are reminded that any such purchase or subscription must not be made solely on the basis of the information contained in this Presentation but
Slide 3: Rare Copper-(Gold-Silver) Opportunity in Canada
Rare Copper-(Gold-Silver) Opportunity in Canada Compelling • Purchased an idled copper-gold-silver mine for ~C$16M, and current market capitalization of ~C$130M Opportunity at • Near-term production potential leveraging existing infrastructure creates a rare opportunity to become a near-term single
Slide 4: Metal Price Changes
Metal Price Changes January 2023 to March 2026 400 400% 350% 350 January 1, 2023 Copper Increased 61% March 1, 2026 Copper US$3.75/lb Copper US$6.06/lb Gold Increased 184% 300% 300 Gold US$1,846/oz Gold US$5,248/oz Silver US$24.23/oz Silver Increased 285% Silver US$93.29/oz 285% 250 250% Diesel C$1.
Slide 5: Corporate Overview
Corporate Overview TSXV:SCMI | FRA:IO20 Capital Structure & Market Valuation CEO Asset Summary Selkirk First Shares Outstanding 127,943,411 4.8% • 100% ownership of the Minto Mine covering 26,850 hectares Nation • Accessible year-round by road, barge, and air Options 9,168,750 22.3% Board & • Produc
Slide 6: Selkirk Copper Project Overview
Selkirk Copper Project Overview Located in the Minto-Carmacks Belt, Yukon – a Well-established Mining District Project Details Ownership 100% Selkirk Copper Mines Inc. (TSX-V:SCMI | FRA:IO20) Majority Shareholder Selkirk First Nation (22.3%) Location Central Yukon (250km North of Whitehorse on the K
Slide 7: Benchmarking SCMI to Relative North American Copper Developers
Benchmarking SCMI to Relative North American Copper Developers Anticipated First Production 1 202 2028 2032 2030 2030 - 2030 202 2029 - 202 2028 202 2026 $5,000 5,000 (C$M) 0.8 0. 4, 3 $4,136 M) 3, 0 $3,690 4,000 $4,000 Cap (C 0. 0.6 $3,000 Market Cap 3,000 0.4 ,50 $1,506 , 05 $1,605 $1,339 ,33 $2,0
Slide 8: Significant Existing Capital and Infrastructure
Significant Existing Capital and Infrastructure Significant Underground Workings Open Pit Mineral Resources Large Drilling Database 4,100 tpd Mill 400 Person Camp Water Treatment Plant 8
Slide 9: Exploration, Drilling, Development and Operations Timelines
Minto Copper-Gold-Silver Exploration, Drilling, Development and Operations Timelines SCMI drilling 600,000 Minto Copper-Gold-Silver expands zones Drillling Meters - All Categories Exploration, Drilling, Development and Operations Timeline (1970-2026) Drilling discovers 500,000 new zones Discovery Fi
Slide 10: Historical Mine Production
Historical Mine Production OP Ore Mined (LHS) UG Ore Mined (LHS) Mill Feed (LHS) Overall Cu Recovery (%) (RHS) 2,000 100 1,600 80 Design Capacity — 4,100 tpd Tonnage (000 t) 1,200 60 800 40 400 20 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Sherwood Copper
Slide 11: What's Different This Time
at’s ifferent T is Time Boots on the Ground – This asset has been underattended to and undermanaged for ~10 years; our team is committed to changing that starting now Social License – Selkirk Copper’s advancement of the Minto Mine towards a restart decision will be in partnership with Selkirk First
Slide 12: Restart Planning
Restart Planning
Slide 13: Multi-Step Plan to Inform a Restart Decision and Plan
Selkirk Copper Mines Inc. Multi-Step Plan to Inform a Restart Decision and Plan Target Timeline 2025 2026 2027 2028 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Due Diligence, $4.5M Initial TSX-V OTC PEA Feasibility Mill First Partnering, and Financing Listing Listing Completion Completion Commis
Slide 14: Selkirk Copper Team
Selkirk Copper Team Board of Directors Colin Joudrie Alex Morrison Greg Fekete Rob McLeod Stephen Mills Ryan Weymark CEO, Director Independent Director SFN Nominated Director Director SFN Nominated Director Director Executive Josh Kierce Matthew Pickard Chuck Hennessy Scott Fulton Kevin McGinty Stac
Slide 15: Recent Developments and Near-Term Catalysts
Recent Developments and Near-Term Catalysts • Completed C$4.5M and C$40M equity raise at ~C$30M EV, resulting in 100% ownership of the mine and infrastructure • Resumed trading on TSX Venture (TSX-V:SCMI) on Nov 4, 2025 also trading on the OTCQB Market (OTCQB:SKRKF) and Frankfurt Exchange (FRA:IO20)
Slide 16: Minto Timeline
Minto Timeline Oct 2018 Jun 2025 Mid-2027 Capstone Places SFN Completes acquisition Planned completion Minto into Care of all tangible and intangible of Feasibility Study & Maintenance assets of the Minto mine Apr 2022 Restricted operating Mar 2026 H1 2028 Oct 2019 Expected Oct 2026 Potential first
Slide 17: Exploration Update
Exploration Update 17
Slide 18: District-Wide Exploration
District-Wide Exploration • Selkirk Copper acquired an updated, high-quality LiDAR dataset in Q4 2025 covering ~2,000km2 of prospective Minto-Carmacks Copper Belt which will act as an updated base map for mine-site and district-wide exploration activities • Selkirk Copper holds ~26,850 ha of mineral
Slide 19: Mine-Site Exploration and Resource Drilling
Mine-Site Exploration and Resource Drilling • 50,000 m drill program is focused on: 600 Rig 12 Avg Rig 11 avg 35000 Rig 10 Avg Rig 9 Avg • Expanding and Extending zones of known Cumulative 30000 Daily Avg mineralization at Minto North, Minto East, 500 and Copper Keel underground zones and the 118 an
Slide 20: Minto Mineralization Zones
Minto Mineralization Zones Within the Mine Site Footprint 20
Slide 21: Mine-Site Exploration and Resource Drilling
Mine-Site Exploration and Resource Drilling Results from Dec 22, 2025, Jan 22 and Feb 19, 2026 21
Slide 22: Minto North West Zone
Minto North West Zone Results from Additional Drillholes • Drill hole 25SCM043 intersected exceptional high-grade copper-gold-silver mineralization, including up to 16.2% Cu, 17.3 g/t Au, and 85.3 g/t Ag over 0.7 meter, within a broad 32.9-meter intercept averaging 3.54% CuEq (2.09% Cu, 1.84 g/t Au
Slide 23: Minto North West Zone Core Detail
Minto North West Zone Core Detail 25SCM001 25SCM002 0.30-1.0% Cu 1.01-3.0% Cu 3.01-10.0% Cu >10.01% Cu 23
Slide 24: Minto East
Minto East • Initial drilling at the Minto East zone validates the previous resource model and better delineates high-grade mineralization within a portion of the model that was previously based on wide spaced drilling • Hole 25SCM042 intersected high-grade mineralization in a ~90-meter gap between
Slide 25: Ridgetop Zone
Ridgetop Zone • Drill results released to date have targeted an under-drilled portion of this open pit resource situated between a shallow western pit (to <150 m depth) and a higher-grade, deeper zone to the east • Holes 25SCM016 and 18 intersected a deeper, previously unmodelled zone • Drilling dem
Slide 26: Following-up on 2022 Drill Results
Following-up on 2022 Drill Results 22EXP058 Interval 143.75-144.25 m 25.5% Cu An example of net-textured bornite within an equigranular granodiorite 26
Slide 27: Trade-Off Study and Preliminary Economic Assessment (PEA) Update
Trade-Off Study and Preliminary Economic Assessment (PEA) Update 27
Slide 28: Engineering Update
Engineering Update Trade-Off Study and PEA Hatch and SRK Teams underway: Site Visit October 16-19 Trade-Off Study and Preliminary Economic Assessment (PEA) Design Basis/Objectives: • 1) define a 12-15 year mine- life; 2) 4,100tpd continuous ore production; 3) tailings & waste rock disposal within QM
Slide 29: Engineering Update
Engineering Update Trade-Off Study and PEA (continued) Key Activities • Partially Oxidized (POX) Material test work underway with Blue Coast Research • Mill equipment evaluation underway • Updated LiDAR (80km x 30km) completed in Q4 2025 Key Issues/Risks • POX test work data and interpretation timin
Slide 30: Engineering Update
Engineering Update Trade-Off Study and PEA (continued) Key Opportunities • Optimize Energy Efficiency to reduce operating costs • Grinding/crushing circuit is paramount (grind size optimization, revamp crushing circuit) • Establish framework agreement with Yukon Energy Corporation on energy efficien
Slide 31: Permitting Update
Permitting Update 31
Slide 32: Advancing Our Regulatory Efforts
Advancing Our Regulatory Efforts Coordination and Historical Review Direct Engagement with the Regulators • Working with Selkirk First Nation to better align • Continuing discussions with the Government of the history and experiences of Minto with our Yukon, Yukon Water Board, YESAB, and others, fut
Slide 33: Advancing Our Regulatory Efforts
Advancing Our Regulatory Efforts Water, Waste, and Tailings Resourcing the Opportunity • Continuing to discuss how to address the • Hired Director, Permitting physical and permitting requirements to • Request for Qualifications issued to various remove the water stored underground by the consulting
Slide 34: Contact
colin.joudrie@selkirkcopper.com 604-760-3157 justin.stevens@selkirkcopper.com 604-240-2959
Selkirk Copper Mines — Investor Presentation (March 2026) on 6ix