Kobrea Exploration Corp. · CSE:KBX
Kobrea Exploration — Investor Presentation (February 2026)
32 slides from Kobrea Exploration's investor presentation, February 2026
Slide 1: A new copper-focused exploration and development Company
CSE: KBX | FSE: F3I | OTCQB: KBXFF w w w . d u b l i n d e s i g n . c o m A new copper-focused exploration and development Company. Corporate Presentation / February 2026
Slide 2: Cautionary Statement
Cautionary Statement This presentation does not constitute an offering of securities and the information contained herein is subject to the information current anticipated potential of the company and readers are cautioned that these statements may not be appropriate for any other contained in the c
Slide 3: Kobrea Opportunity
KOBREA OPPORTUNITY A World-Class First Mover Western Malargüe Copper-District Advantage Copper Projects • Kobrea holds option to acquire 100% interest in 733 km2 • Western Malargüe Mining District announced by • 7 projects, each with Cu-Au-Mo porphyry prospects of southern Neogene Porphyry Belt, Men
Slide 4: Neogene Porphyry Copper Belt
Neogene Porphyry Copper Belt Metallogenic belt containing some of the largest copper deposits in the world. Argentina Los Bronces – rio blanco – 204.3 Mt Cu 204.3 Mt of contained Copper • Highest copper endowment globally El Teniente – 128.5 Mt Cu 128.5 Mt of contained Copper • 3rd largest copper de
Slide 5: The Province of Mendoza
The Province One of the most thriving economies in Argentina, containing a bioceanic The government of Mendoza is making a concerted effort to of Mendoza corridor that connects the Atlantic promote mineral exploration and with the Pacific mining in the Province. “Land of Opportunities” Jimena Latorr
Slide 6: Western Malargüe Mining District
Western Malargüe Mining District The Western Malargüe Mining District (WMMD) is a tool developed by the Government of the Province of Mendoza through Impulsa Mendoza SA to respond to the challenge that the energy transition represents for the world. Impulsa Mendoza is the vehicle adopted by the prov
Slide 7: Western Malargüe Copper Projects
C H I L E A R G E N T I N A Western Malargüe MENDOZA Copper Projects Western Malargüe Mining District 7 Projects – 73,334 hectares (733 km2) • Option to acquire 100% • Road-accessible • 65 km west of the city of Malargüe Kobrea received approval for El Perdido drill permit in July 2025 Intermittent
Slide 8: Western Malargüe Copper Projects
Western Malargüe Copper Projects El Perdido El Destino Veronica Sofi Project • 6,877 hectares • 9,487 hectares • 10,980 hectares • 9,667 hectares • Cu-Au-Mo porphyry target • Cu-Au-Mo porphyry target • Multiple porphyry targets • 4 Cu porphyry targets Cuprum Mantos de Cobre Elena Follow us and see •
Slide 9: El Perdido
El Perdido An Exposed Porphyry Copper Centre 2 km 9 C S E : K B X | F S E : F 3 I * Photo taken from Cajon Chico prospect, 14 km to NW
Slide 10: El Perdido
El Perdido Granodiorite porphyry with quartz stockwork and overprinting phyllic alteration F 3 I 2 x 2 km porphyry Cu-Au-Mo system: F S E : • mapped porphyry alteration • quartz diorite porphyry intrusions | • quartz stockwork veining K B X • anomalous Cu-Au-Mo geochemistry • favourable geophysical
Slide 11: El Perdido – Drilling
El Perdido – Drilling Initial drill test – Commenced January 18, 2026 • 1,500 metres • 3 HQ diamond drill holes, 500 metres each • Testing early mineral quartz diorite porphyry with well developed quartz stockwork veining and hydrothermal breccias in center of system F 3 I F S E : | K B X C S E : 11
Slide 12: El Perdido – Geology
El Perdido – Geology Early quartz diorite porphyries The prospect exhibits a porphyry / breccia complex at the center of 2 by 2-kilometre porphyry system Multiphase hydrothermal breccias 12 C S E : K B X | F S E : F 3 I
Slide 13: El Perdido porphyry system
El Perdido porphyry system Copper geochemistry 2025 ASTER study Looking 350° 13 C S E : K B X | F S E : F 3 I
Slide 14: El Perdido Geochemistry
El Perdido Anomalous copper-gold-molybdenum geochemistry associated with mapped area of quartz stockwork veining and potassic alteration. Geochemistry Strongly altered and oxidized rocks have seen significant leaching. Rock samples - Copper Rock samples - Gold Rock samples - Molybdenum 14 C S E : K
Slide 15: El Perdido Breccias
El Perdido Early Late F 3 I F S E : Breccias | K B X The presence of hydrothermal breccias is significant as they are important components of the mineral C S E : systems within the Neogene porphyry belt, including at the giant El Teniente, Los Bronces-Rio Blanco and Los 15 Pelambres copper deposits.
Slide 16: El Perdido Veining
A-vein Breccia clast 5 cm El Perdido F 3 I Veining F S E : | Quartz-sulphide stockwork veins K B X (A-type) at El Perdido have been significantly leached where C S E : exposed at surface. 16 3 cm
Slide 17: El Destino
El Destino porphyry Cu-Au prospect – looking east El Destino Quartz-tourmaline breccia F 3 I 1 x 3 km colour anomaly with: F S E : • high-level porphyry-type alteration • localized potassic alteration | • dacite porphyry intrusions K B X • quartz stockwork veining • quartz-tourmaline breccias • anom
Slide 18: Geology
Pleistocene ignimbrite (cover rock) El Destino Pleistocene ignimbrite (cover rock) Geology N Intrusions Breccias • Diorite (early) • Anhydrite cemented • Diorite (late) • Quartz-tourmaline cemented • Dacite porphyry (inter-mineral) Cover Rock: Footprint could be • Pleistocene ignimbrite larger than
Slide 19: El Destino Porphyry system
El Destino Porphyry system 2025 Airborne Magnetometer survey results suggest hydrothermal alteration footprint extends under cover to the north and south Size of interpreted alteration footprint 2.8 x 1.8 km 2025 Magnetics (MVI) 2025 ASTER study 19 C S E : K B X | F S E : F 3 I
Slide 20: Geochemistry & Alteration
Geochemistry & Alteration El Destino Window of potassic alteration with anomalous Photographs taken at area exhibiting potassic alteration Cu-Au in otherwise high-level porphyry alteration. Widespread anomalous gold in leached capping. 20 C S E : K B X | F S E : F 3 I
Slide 21: El Destino
El Destino Geological mapping and rock sampling in January 2026. North Observations indicate strongest part of the hydrothermal system continues to the north under ignimbrite cover. D-veins cutting early A-veins in strongly phyllic altered diorite at northern ignimbrite contact 21 C S E : K B X | F
Slide 22: El Destino – Stockwork veining
El Destino – Stockwork veining 22 C S E : K B X | F S E : F 3 I
Slide 23: Cuprum Trend
Cuprum Trend 20 x 5 km trend of high-level porphyry alteration Santa Elena • Anomalous Cu ± Au ± Mo • Strong sericite-pyrite alteration • Miocene diorite porphyry stock 20 km CerroBayo AH3 • Porphyritic dacitic intrusive • Cu-in-rock up to 0.68% Cu • Widespread phyllic ± argillic LasCargas > 1000 •
Slide 24: Target 017
Target 017 A newly discovered hydrothermal breccia body • 1,250 metres by 500 metres > 1000 24 C S E : K B X | F S E : F 3 I
Slide 25: Sofi Property
Sofi Property Blanco106 Blanco 20 • 1.5 x 2 km phyllic-argillic alteration • 2.5 km diameter colour anomaly zone • Diorite / quartz diorite stocks • Monzonitic and dioritic intrusives • Quartz-sericite-pyrite alteration • Pyrite-dominated with samples up to • Quartz stockwork veining 0.25% Cu • Rock
Slide 26: Cajon Chico prospect
Cajon Chico prospect Cajon Chico - Hydrothermal breccias - Monzonitic to dioritic intrusives - Rock samples up to 0.25% Cu - Road within 2.5 km of target 2025 ASTER study > 1000 26 C S E : K B X | F S E : F 3 I
Slide 27: Property-wide Exploration
Property-wide Exploration Magnetics • Property-wide survey completed in May 2025. This is the first modern, extensive airborne survey flown in Mendoza. • The survey provides information for developing targets at the property to deposit scales. • Adds critical exploration insight where geological map
Slide 28: Meet the Team
Meet the James Hedalen Rory Ritchie Paul Johnston Team CEO and Director VP – Exploration, Director Chief Geologist F 3 I Meetul Patel Pierre Clement Cal Everett Darren Pylot CFO and Director Director Strategic Advisor Strategic Advisor F S E : | K B X C S E : 28
Slide 29: Share Structure
52.6 M Share Structure Issued & Outstanding Shares 32.4 M Warrants (Weighted Average $0.37) 85.0 M Fully Diluted Shares $10.2M Working Capital 29 C S E : K B X | F S E : F 3 I
Slide 30: Contact Us
Thank You. Contact Us. (778) 322-9066 james@kobreaexploration.com 1570 – 200 Burrard Street Vancouver, BC V6C 3L6 kobreaexploration.com Corporate Presentation 2026
Slide 31: Appendix
Appendix 31 C S E : K B X | F S E : F 3 I
Slide 32: Western Malargüe Copper Projects – Agreement Terms
Western Malargüe Copper Projects – Agreement Terms To acquire a 100% interest in 7 properties: Date Cash payment (USD) Share issuance On signing (August 14, 2024) $ 250,000.00 100,000 ✓ Completed 6-month anniversary $ 250,000.00 100,000 ✓ Completed 12-month anniversary $ 500,000.00 150,000 ✓ Complet
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