Ongwe Minerals Inc. · TSXV:OGW
Ongwe Minerals — Investor Presentation (October 2025)
25 slides from Ongwe Minerals's investor presentation, October 2025
Slide 1: Discovering Gold in Namibia
We live here We explore here We make discoveries here DISCOVERING GOLD IN NAMIBIA INVESTOR PRESENTATION OCTOBER 2025
Slide 2: Forward Looking Statement & Disclaimer
FORWARD LOOKING STATEMENT & DISCLAIMER This document has been prepared by Ongwe Minerals Inc. (“Ongwe Minerals” or the “Company”) solely for the use in the presentation being given in connection with the recipient’s evaluation of the Company which is defined and outlined further herein. This documen
Slide 3: Namibian Focused with Egyptian Diversification
NAMIBIAN FOCUSED WITH EGYPTIAN DIVERSIFICATION “Focused on gold exploration activities in Namibia, whilst continuing to advance our Egyptian assets by pursuing alternative funding and development opportunities to maximize value.” 2
Slide 4: Why Ongwe Minerals
WHY ONGWE MINERALS MergeCo of Great Quest Gold & Lotus Gold “OVER 10 MOZ OF GOLD DISCOVERED IN NAMIBIA IN THE LAST 15 YEARS — MORE THAN 5 MOZ OF WHICH INVOLVED MEMBERS OF THE ONGWE TEAM” ACCOMPLISHED TEAM QUALITY ASSETS Highly successful team with multiple *Namibia - 307,000 ha (Damara Belt) discove
Slide 5: Founders & Executive Management
FOUNDERS & EXECUTIVE MANAGEMENT CARL JOONE DAVE UNDERWOOD TONY DA SILVA PRESIDENT & CO-FOUNDER CHIEF EXECUTIVE OFFICER CHIEF FINANCIAL OFFICER Carl is a Namibian-born geologist with over a decade of Dave is a geologist with 30 years of exploration experience Tony is a qualified Chartered Accountant
Slide 6: Board of Directors
BOARD OF DIRECTORS HEYE DAUN ALAN FRIEDMAN JED RICHARDSON DIRECTOR DIRECTOR DIRECTOR A mining engineer and company builder with over 25 years A Toronto-based public markets entrepreneur with 25 years Jed Richardson has extensive experience in mining and of experience in the mining industry and publi
Slide 7: Share Structure and Timelines
SHARE STRUCTURE AND TIMELINES PROFORMA CAPITALIZATION OVERVIEW 33 million common shares post share consolidation $0.50 private placement price per share 6.7 million warrants (price $0.80 - $2.58) $16.5 million market capitalization (pre money) 1.04 million options (price $0.80 - $1.72) $2.45mil cash
Slide 8: Namibia: Africa's Best by Far
NAMIBIA AFRICA’S BEST BY FAR Namibia is one of Africa’s most stable nations, with over three decades of political and economic stability since independence. Established mining sector producing diamonds, uranium, gold, and zinc. Excellent infrastructure: sealed roads, reliable electricity and water,
Slide 9: Damara Gold Project
DAMARA GOLD PROJECT PROJECT OVERVIEW OMATJETE GOLD PROJECT 107 000 ha 3 Projects 2 Discoveries 307,000ha of prospective ground Located on the regionally significant Okondeka Fault Zone which has proven to be a higly fertile mineralized system Initial surface work has outlined a significant gold syst
Slide 10: Omatjete Project Overview
OMATJETE PROJECT OVERVIEW The project is located in the north Central Zone of the Damara Belt, along the regionally significant Okondeka Fault Zone (OFZ) - host to the Kokoseb gold deposit and Manga gold discovery The newly acquired ground to the east of the Manga anomaly contains an additional 35km
Slide 11: Omatjete: Manga Discovery
OMATJETE MANGA DISCOVERY On strike with WIA Gold’s Kokoseb discovery Greenfields gold discovery with a footprint exceeding 4 km in strike Covered by 1–10 m of calcrete and scree Rock chip sampling returned up to 19.75 g/t Au and infill soils peaked at 200 ppb Au MRC010 – 18 m @ 0.50 g/t Au Initial s
Slide 12: Khorixas Project Overview
Belmont KHORIXAS PROJECT OVERVIEW K17 Located 60 km west of Osino’s Eureka gold project with easy access via tar road Positioned within the Northern Zone of the Damara Orogenic Belt Extensive surface geochemistry with peak soil values of 1,490ppb and peak rock chip assays of 145.7 g/t Au Targets wer
Slide 13: Khorixas: Belmont Discovery
KHORIXAS BELMONT DISCOVERY OVERVIEW Belmont prospect covers a 12 × 6 km zone between the Khorixas-Gaseneirob and Belmont Thrust Zones ~90% of the area is concealed beneath calcrete and scree cover Exploration to date has identified 18 target areas, primarily defined by calcrete and grab sampling Ind
Slide 14: Belmont - BK2 Target
KHORIXAS BELMONT - BK2 TARGET Defined by a NW–SE trend of high-grade surface samples ~95% of the area covered by 1–10 m of calcrete and scree Rock chip trend traced for 1.5 km, extending up to 5 km with adjacent targets Limited drilling defined a mineralized quartz vein system open ended in all dire
Slide 15: K17 - Copper/Gold Prospect
KHORIXAS K17 - COPPER/GOLD PROSPECT The K17 target within the Khorixas project area represents an exciting opportunity to explore and define an intense, large- scale gold-copper anomaly with a footprint of approximately 20km2 A large number of high grade rock chip samples have been collected from th
Slide 16: Outjo Project Overview
OUTJO PROJECT OVERVIEW The Outjo licence was staked to test regional lineaments in the north of the licence and the eastern strike extensions of structures hosting the Eureka discovery. An initial surface sampling program was completed over the northern area, with further work planned to evaluate th
Slide 17: Exploration Near Term Objectives
NEAR TERM OBJECTIVES EXPLORATION 1. Tighten existing anomalies using RC bedrock drillng (sampling top of bedrock through drilling) 2. Follow the OFZ to the east of Manga using surface geochemistry 3. Generate new surface anomalies through STRATEGY aggressive geochemistry campaigns 4. DD drilling onc
Slide 18: Egypt: Over 4000 Years of Gold Mining
EGYPT OVER 4000 YEARS OF GOLD MINING Africa’s 2nd largest economy (with largest presence of Fortune 500 in Africa) Regularly ranks as Africa’s biggest destination for FDI (Net FDI ~$7.5 billion) Major signatory to multinational and bilateral trade agreements c.10% of world trade passes through the S
Slide 19: Arabian Nubian Shield and the Central Eastern Desert
EGYPT ARABIAN NUBIAN SHIELD AND THE CENTRAL EASTERN DESERT The Central Eastern Desert (CED) forms part of the Arabian Nubian Shield (ANS), an amalgamation of volcanic arcs, small sedimentary basins, and syn- to late orogenic intrusives formed during the Pan-African Orogeny. Unlike many regions, the
Slide 20: Central Eastern Desert Project Overview
OVERVIEW CENTRAL EASTERN DESERT PROJECT The Company has a 1,900 km² Landholding in the CED of Egypt. Located 70 km NW of the 10Moz Sukari mine; near historic mines (Barramiya, Dungash, Hamash, Atud). Other companies exploring in the area include Barrick, AngloGold Ashanti (acquired Centamin, Nov 202
Slide 21: Umm Bisillah North Gold Prospect
UMM BISILLAH NORTH GOLD PROSPECT DRILL RESULTS AND TARGET OVERVIEW Drill discovery of a silica-carbonate, shear-hosted gold (Au) vein system with no prior artisanal workings. This represents an orogenic gold discovery with significant size and grade potential, located along the regional-scale Najd F
Slide 22: ASH VMS Cu-Zn-Au Prospect
ASH VMS CU-ZN-AU PROSPECT FOCUS AREA AND EXPLORATION WORK The current focus area covers approximately 300 m of strike (as shown on the map), while mineralized and gossanous horizons extend over more than 2.5 km across the region, suggesting possible structural repetition (e.g., southern target horiz
Slide 23: Contact
carl@ongweminerals.com dave@ongweminerals.com President & Co-Founder CEO 10th Floor, 595 Howe Street Vancouver, BC, Canada V6C 2T5 22
Slide 24: Namibia: Omatjete Project
NAMIBIA OMATJETE PROJECT Ongwe. Nees Kokoseb Gold Deposit 2.93 Moz @ 1 git Au Soil Sampling Arsenic (ppm) 0-15 16-30 31-80 81-1688 || Granites | utHcovE Ordovician leucogranite (Oa!) BY Late tectonic Salem granite (O9SAs) Post-tectonic Salem granite (NgSAp) WH Syntectonc Salem granite (NgSAS) — = Ok
Slide 25: Egypt: Licences and Prospects
EGYPT LICENCES AND PROSPECTS 24
Ongwe Minerals — Investor Presentation (October 2025) on 6ix