Capella Minerals Limited · TSXV:CMIL

Capella Minerals — Investor Presentation (June 2023)

24 slides from Capella Minerals's investor presentation, Jun 13, 2023

  1. Slide 1: Developing Copper & Lithium-REE Projects for Europe’s Green Energy Transition

    OTCQB: CMILF TSX.V: CMIL FRA: N7D2 Developing Copper & Lithium-REE Projects for Europe’s Green Energy Transition June 13, 2023 Former Saattopora Copper-Gold Mine, Finland Ethically-Sourced Metals for Europe’s Electromobility and Decarbonization Process

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements This document may contain "forward-looking statements" within the meaning of Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this document and Capella Minera

  3. Slide 3: Capella’s Project Portfolio

    Capella’s Project Portfolio Favourable Jurisdictions, Management with Track Record of Success Hessjøgruva Cu-Co-Zn VMS, Norway (100% Capella) - 12,035m Historical Drilling Resource Domain Au Project, Manitoba (Agnico Eagle JV) Definition - 9,660m Drilling to 2017 Killero Cu-Au Project, Finland (Cull

  4. Slide 4: Capella’s Capital Structure

    Capella’s Capital Structure June 13, 2023 Share Structure Equities Portfolio Common Shares Outstanding 195M 100,000 European Energy Metals (TSXV: FIN) Options (Av. price $C 0.13) 9.6M Warrants (Av. price $C 0.12) 77M* Exchange Listings *62.5M warrants expire on September 3, 2023 TSXV: CMIL, OTCQB: C

  5. Slide 5: Capella´s Leadership & Experience

    Capella´s Leadership & Experience A Proven Track Record of Success Through Discovery Senior Management Eric Roth – President & CEO, Director  30+ years Global Experience in Mining and Exploration Board of Directors  COO of Mariana Resources (acquired for US$175M in 2017) Eric Roth – President & CE

  6. Slide 6: European Base & Battery Metal Focus

    European Base & Battery Metal Focus Integration in to European Mining Industry European Association Norwegian Mining & of Mining Industries Minerals Association Finnish Mining Association 6

  7. Slide 7: European Base & Battery Metal Focus

    European Base & Battery Metal Focus Norwegian Copper-Cobalt & Finnish Lithium-REE, Copper-Gold Norwegian VMS Belt Central Lapland N Greenstone Belt Kittila Gold Mine Northern Finland Vaddas-Birtavarre Copper-Gold (Cullen JV) Mo I Rana Lithium-Ion Battery Gigafactory Keliber Oy 13.6MT @ Central Finla

  8. Slide 8: Hessjøgruva-Kjøli VMS District

    Hessjøgruva-Kjøli VMS District Rebuilding a High-Grade Copper-Cobalt-Zinc Mining District 3 1 Hydroelectric 2 Dam 8

  9. Slide 9: Hessjøgruva Cu-Zn-Co VMS Project

    Hessjøgruva Cu-Zn-Co VMS Project Advanced-Stage Exploration Project (100% Capella) Hessjøgruva Project • Extensive exploration undertaken in 1970’s, including 12,035 m of core drilling in 67 holes • Cu-Zn massive sulfide deposit with elevated Co • Strong community support • Cornerstone asset in pote

  10. Slide 10: Hessjøgruva Cu-Zn-Co VMS Project

    Hessjøgruva Cu-Zn-Co VMS Project Advanced-Stage Exploration Project (100% Capella) DDH-240 – 1.7% Cu + 2.0% Zn + 0.1% Co • High-grade mineralization remains open down dip, copper grades increase with depth 10

  11. Slide 11: Løkken Cu-Zn-Co VMS Project

    Løkken Cu-Zn-Co VMS Project Drill Target Generation Program (100% Capella) Project Status • 5 Cu-Co-Zn targets prioritized Fjellslett • Ground magnetic and Lokken Åmot Ionic Leach (IL) Verk Hoydal surveys undertaken during summer 2022 • Drill collars for Amot Halsetasen finalized, Hoydal awaiting IL

  12. Slide 12: Løkken Cu-Zn-Co VMS Project

    Løkken Cu-Zn-Co VMS Project Åmot – High Priority Drill Target (100% Capella) Drill Ready VMS Target • Located 5km E of the old Løkken mine • No historic drilling • 1.5km-long coincident ground magnetic (TMI) and electromagnetic (VTEM) anomaly – highly-favourable combination for buried VMS deposits •

  13. Slide 13: Vaddas-Birtavarre Cu-Co Project

    Vaddas-Birtavarre Cu-Co Project High-Grade VMS in Former Mining District (100% Capella) Vaddas-Birtavarre Project • Exploration claims staked in 2022. • Former copper-rich VMS mining district • Discovered 1860’s, idle since 1970’s • Elevated Co associated with Cu mineralization 13

  14. Slide 14: Finland Copper-Gold and Lithium-REE Projects

    Finland Copper-Gold and Lithium-REE Projects Geological Survey of Finland – Bulletin 406 (2018) Northern Finland Copper-Gold (Capella - Cullen JV) Kittila Gold Mine (Agnico) • Copper-gold projects located along highly-mineralized Ikkari Gold (Rupert) Sirrka Thrust, Central Lapland Greenstone Belt Sa

  15. Slide 15: Northern Finland Copper-Gold (Cullen JV)

    Northern Finland Copper-Gold (Cullen JV) Targeting High-Grade Cu-Au in the Central Lapland Greenstone Belt Project Overview • Adjacent to highly mineralized Sirkka Thrust N • Rupert Resources • Aurion / B2Gold • 4,000 line km high- resolution drone mag survey completed in 2022 • 5 exploration permit

  16. Slide 16: Northern Finland Gold-Copper (Cullen JV)

    Northern Finland Gold-Copper (Cullen JV) Priority Killero Target - AngloAmerican “Bottom of Till” Cu-Au Anomalies Area of Figure 1 Killero Cu-Au Till Anomalies 5,962ppm Cu / 145ppb Au Interpreted Mafic (Tholeiitic) Volcanic Rocks 16

  17. Slide 17: Central Finland Lithium-REE Portfolio

    Central Finland Lithium-REE Portfolio European Energy Metals JV Spodumene Pegmatites Targeting 5-10MT @ >1% Li20 Nabba Keliber Mining District BoT Li Anomalies Lappajarvi W Järvi-Pohjanmaa Pegmatite Fields Lithium Tract Lappajarvi E Seinäjoki Mining District N Spodumene Kaatiala 0 50 km 17

  18. Slide 18: Perho Lithium (Cullen JV)

    Perho Lithium (Cullen JV) Lithium-Cesium-Tantalum (“LCT”)-REE Pegmatites Perho Reservation Eräjärvi Viitaniemi Juuraako Seppälä Lithium Occurrence Pegmatite Feldspar Gold Occurrence 18

  19. Slide 19: Capella’s Precious Metals Projects

    Capella’s Precious Metals Projects Savant Gold JV (Ontario) & Domain Gold JV (Manitoba) Savant Gold JV (Ontario) • Prospector Metals Corp. (TSX.V: PPP) earning-in to a 70% interest, sole-funding first $C 2M of exploration • District-scale property, focus on high-grade gold in iron formations (e.g. S

  20. Slide 20: Savant Gold JV Project (Ontario)

    Savant Gold JV Project (Ontario) Drill-Ready High-Grade Canadian Gold • Prospector Metals Corp. earning-in to a 70% interest, sole-funding first CAD 2M of exploration • Focus on high-grade gold in iron formations (Snowbird, Horseshoe) and shear zones (Wiggle) • Summer 2022 sampling and LIDAR program

  21. Slide 21: Domain Gold JV Project (Manitoba)

    Domain Gold JV Project (Manitoba) Evaluating Strategic Alternatives Plan View 70.4% Agnico/29.6% Capella 100% Agnico 9.0m @ 7.3 g/t Au HLEM Conductors (Priority Targets) 4.5m @ 4.3 g/t Au Cross-Section 1 4.1m @ 7.9 g/t Au Main Zone Open 21 62 DDH / 9,660m Drilling Completed to Date

  22. Slide 22: Capella’s Precious Metals Projects

    Capella’s Precious Metals Projects Sierra Blanca Gold-Silver Project (Santa Cruz Province, Argentina) Sierra Blanca Project - Overview • High-grade epithermal gold-silver project • Located 40km NW of AngloGold Ashanti’s Cerro Vanguardia gold-silver mine, Deseado Massif • 51% Austral Gold - 49% Capel

  23. Slide 23: Capella – Value Drivers 2023 / 2024

    Capella – Value Drivers 2023 / 2024 Norway Hessjøgruva – NI 43-101 Mineral Resource, Core Drilling, Initial Development Studies (PEA) Løkken - Maiden Core Drilling (Åmot) Finland Killero - Cu-Au Target - Maiden Drilling Central Finland Li-REE, Perho Li-REE – Advance Projects to Drill Ready Status Ca

  24. Slide 24: Contacts

    Contacts Website: www.capellaminerals.com Email: info@capellaminerals.com Contact: Eric Roth, President & CEO Karen Davies, VP Shareholder Relations and Corporate Development 24

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