Slide 1: Building Value From the Ground Up
BUILDING VALUE FROM THE GROUND UP CORPORATE PRESENTATION DEC 2025 | CSE: SUR | US OTCQB: SURMF
Slide 2: Safe Harbor and Forward-Looking Statements
SAFE HARBOR AND FORWARD-LOOKING STATEMENTS DISCLAIMER: This presentation contains informatio n, qualifications, and disclaimers to protect they involve inherent risks and uncertainties. The following list is not exhaustive of the factors the investor or potential investor when reviewing informatio n
Slide 3: Building Value From Ground Up
BUILDING VALUE FROM GROUND UP At Surface Metals Inc., the building blocks for the future are our focus today. We have one of the best portfolios of Nevada-based projects in areas known for production, development and exploration of gold and lithium. Surface Metals holds a 90% interest in the Cimarro
Slide 4: Surface Metals Project Areas
SURFACE METALS PROJECT AREAS NEVADA GOLD CIMARRON, NYE COUNTY 90% interest in 31 claims containing a, highly prospective exploration project with a drill-indicated historic gold resource (Non NI43-101 compliant) and additional target area with similar mineralized drill intercepts that remain open in
Slide 5: Nevada Projects: Cimarron Gold Project
NEVADA PROJECTS CIMARRON GOLD PROJECT CIMARRON is located at the north end of the San Antonio Mountains in the historic San Antonio (Cimarron) Mining District, approximately eighteen miles north of the town of Tonopah, in Nye County, Nevada. PROJECT HIGHLIGHTS: ▪ Cimarron comprises 31 unpatented lod
Slide 6: Gold: A Generational Opportunity
GOLD: A GENERATIONAL OPPORTUNITY • Historic bull market with gold reaching over US$4300 per ounce in October 2025 • Goldman Sachs predicts gold could soar to US$5000 by mid 2026 • Others with positive outlook for gold include JP “Gold remains our highest-conviction long Morgen, UBS, RBC, and Deutsch
Slide 7: Cimarron Regional Location
CIMARRON REGIONAL LOCATION Regionally, the Cimarron Gold Project is at the intersection of two prominent gold trends: • The Walker-Lane trend which runs approximately NW and hosts a number of mines and the NNE trend of gold mines including Manhattan, Gold Hill, and Kinross’s (NYSE:KGC), +US$29 billi
Slide 8: Cimarron Exploration
CIMARRON EXPLORATION ▪ From 1980 to 2004, exploration efforts by companies like Newmont and Echo Bay identified significant gold mineralization in three areas surrounding the Cimarron Mine, with surface and underground assays reporting gold values up to 107 g/t. ▪ Drill testing conducted by Newmont,
Slide 9: Table 1 – Cimarron Gold
TABLE 1 - CIMARRON GOLD HISTORIC HIGH GRADE ROCK CHIP SAMPLES area Gold Grade Ares Gold Grade grams/tonne grams/tonne Cimarron 106.7 North 16.8 5 Cimarron 219 Breccia 29.2 Cimarron 16.3 West Adit 10.1 Cimarron 99 West Adit 12.0 cos 53.5 West Adit 30.2 cos 9.2 cos 8.9 (Bullion River Gold Corp. Fact S
Slide 10: Table 2 – Cimarron Gold
TABLE 2 - CIMARRON GOLD SELECTED DRILL INTERCEPTS IN RESOURCE AND TARGET AREAS Resource Area Cimarron East Cimarron East Cimarron East Cimarron East Cimarron East Cimarron West Cimarron West Cimarron West Cimarron West Cimarron West cos North Breccia Hole EB-91 EB-86 EB30 ROM-242 RCM-27 EB-23 RCM-27
Slide 11: Table 3 – Cimarron Gold Historic Resource Estimate
TABLE 3 - CIMARRON GOLD HISTORIC RESOURCE ESTIMATE* Au Grade Au Grade Zone Metric Tonnes Short Tons Ounces gh oz/ton NAD 83 UTM 11N West 1,050,000 1.40 950,000 0.041 Central 260,000 0.82 240,000 0.024 East 260,000 0.75 240,000 0.024 Total 1,570,000 a 1,430,000 0.035 * (polygonal calculation — A.F. B
Slide 12: Outlook - Cimarron
OUTLOOK - CIMARRON Cimarron represents a high-quality early-stage exploration project with a drill-indicated historic resource (Non NI 43-101 compliant) and a second target area with similar mineralized drill intercepts that remain open in several directions. QUALIFIED PERSON Scientific and technica
Slide 13: Lithium: Nevada Projects
LITHIUM NEVADA PROJECTS Esmeralda County, Nevada, is the epicenter of lithium exploration and development in the United States. PROJECT HIGHLIGHTS: ▪ Surface Metals through its subsidiary ACME Lithium US Inc. (“ACME”) has acquired, or is under option to acquire a combined 100% interest in 122 claims
Slide 14: Building Value From Ground Up
BUILDING VALUE FROM GROUND UP ▪ Surface Metals’ Clayton Valley project neighbors the Silver Peak lithium mine owned and operated by one of largest lithium producers in the world, Albemarle Corporation (NYSE:ALB) ▪ Silver Peak is the only current lithium production in the U.S. where lithium has been
Slide 15: Clayton Valley, Nevada Lithium Project Overview
CLAYTON VALLEY, NEVADA LITHIUM PROJECT OVERVIEW Surface Metals ▪ Surface Metals’ CC, CCP, JR, and SX Placer Claims in Clayton Valley are found in an area with a rich history and promising future ▪ The claims cover basin-fill sediments and aquifers similar to sediments currently producing lithium bri
Slide 16: Phase 1 Drill Program at Clayton Valley, NV
PHASE 1 DRILL PROGRAM AT CLAYTON VALLEY, NV In June 2022, Surface Metals’ launched a Phase 1 Drill Program in Clayton Valley. Harris Drilling Exploration and Associates Inc. was contracted to provide drilling services based on prospective lithium brine targets defined by geophysical work in the Fall
Slide 17: Significant Discovery at Clayton Valley, NV
SIGNIFICANT DISCOVERY AT CLAYTON VALLEY, NV Positive results have been reported following the analysis of brine samples taken from the Phase 1 Drill Program. KEY FINDINGS: ▪ Lithium detected at concentrations ranging between 38 and 130 mg/L ▪ Results strongly indicate existence of a bicarbonate rich
Slide 18: Phase 2 Drill Program at Clayton Valley, NV 2023
PHASE 2 DRILL PROGRAM AT CLAYTON VALLEY, NV 2023 HIGHLIGHTS: ▪ Exploration hole to examine deeper horizons through zonal isolated testing, assess stratigraphy, and potential for continuity between stratigraphic units encountered in DH-1, as well as a larger diameter test well and planned pumping tes
Slide 19: Emerging Technology: Direct Lithium Extraction
EMERGING TECHNOLOGY DIRECT LITHIUM EXTRACTION DLE is the technology we expect to use at Clayton Valley to process lithium. It is a low-cost and sustainable technology that extracts lithium from brine water. ▪ DLE is a more efficient process compared to traditional lithium extraction by selectively r
Slide 20: Fish Lake Valley, NV Project Overview
FISH LAKE VALLEY, NV PROJECT OVERVIEW UP TO 1418 PPM SURFACE LITHIUM VALUES The highest found to date in March 2023, confirms historical and new lithium occurrences on the property LITHIUM WITHIN SEDIMENTARY HORIZONS Can potentially be recovered under reasonable metallurgical conditions BILLION-DOLL
Slide 21: Field Review and Sampling at Fish Lake Valley, NV
FIELD REVIEW AND SAMPLING AT FISH LAKE VALLEY, NV Phase 1 and 2 Field Reviews And Sampling indicate a mineral process was active during deposition of the underlying sediments. PHASE 2 GEOLOGICAL FIELD WORK ▪ Launched in Q4 2022 with a focus on traverses along a major drainage area where higher lithi
Slide 22: Geophysics and Next Steps at Fish Lake Valley
GEOPHYSICS AND NEXT STEPS AT FISH LAKE VALLEY Findings indicate the project is drill-ready and drilling has been recommended to determine the relationship between the different interpreted concentrations of clay sediments and the presence of lithium. HYBRID-SOURCE AUDIO-MAGNETOTELLURICS SURVEY FINDI
Slide 23: Management Team & Advisory Board
MANAGEMENT TEAM & ADVISORY BOARD STEPHEN HANSON VIVIAN KATSURIS YANNIS TSITOS ZARA KANJI DIRECTOR, PRESIDENT AND CEO DIRECTOR DIRECTOR CHIEF FINANCIAL OFFICER AND CORPORATE SECRETARY Originally a physicist-geophysicist Over 30 years of finance and A specialist in corporate with over 30 years of expe
Slide 24: Investments Highlights
INVESTMENTS HIGHLIGHTS EXTENSIVE PORTFOLIO OF EPICENTER OF EXPLORATION & MULTIBILLION DOLLAR DEVELOPMENT OPPORTUNITIES with multiple projects in known regions of gold and lithium production and development in in growing mining sectors Nevada U.S EXPLORATION TO DISCOVERY TO RESOURCE EXPERIENCED MANAG
Slide 25: Capital Overview
CAPITAL OVERVIEW CSE SUR OTCQB SURMF SHARES ISSUED AND OUTSTANDING 45,359,245 WARRANTS 15,109,334 OPTIONS 3,108,333 FULLY DILUTED 63,576,912 LEGAL AUDITOR TRANSFER AGENT Owen Bird Law Corporation Charlton & Company, Odyssey Trust Company Bentall 3 Suite 2900, 595 Burrard Street Chartered Professiona
Slide 26: Contact Us
CONTACT US 1-604-564-9045 INFO@SURFACEMETALS.COM SURFACE METALS INC. 318 – 1199 WEST PENDER ST VANCOUVER, BC V6E 2R1 ACME LITHIUM US INC. 318 N CARSON ST #208 CARSON CITY, NV 89701 USA CSE: SUR | OTCQX: ACLHD 26