Selkirk Copper Mines Inc. · TSXV:SCMI
Selkirk Copper Mines — Investor Presentation (March 2026)
32 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$140M 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% 350% January 1, 2023 Copper Increased 53% March 13, 2026 Copper US$3.75/lb Copper US$5.76/lb Gold Increased 174% 300% Gold US$1,846/oz Gold US$5,062/oz Silver US$24.23/oz Silver Increased 236% Silver US$81.34/oz 250% Diesel C$1.347/litre Diesel Inc
Slide 5: Corporate Overview
Corporate Overview TSXV:SCMI | OTCQB:SKRKF | FRA:IO20 Capital Structure & Market Valuation CEO Asset Summary Selkirk First 6.0% • 100% ownership of the Minto Mine covering 26,850 hectares Shares Outstanding 127,943,411 Nation Board & • Accessible year-round by road, barge, and air Options 9,168,750
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 | OTCQB:SKRKF | FRA:IO20) Majority Shareholder Selkirk First Nation (22%) Location Central Yukon (250km North of Whiteho
Slide 7: Benchmarking SCMI to Relative North American Copper Developers
Benchmarking SCMI to Relative North American Copper Developers Anticipated First Production 1 2028 - 2030 2030 2032 2030 - 2029 2028 2026 $5,000 0.8 Market Cap (C$M) $3,730 $4,000 0.6 $2,962 $3,000 0.4 $1,563 $1,319 $2,000 $1,081 $1,219 $910 $920 $956 0.2 $1,000 $164 0 $0 Selkirk Copper Osisko Metal
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: What’s Different This Time
What’s Different This 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 Fir
Slide 10: Minto Copper-Gold-Silver Exploration, Drilling, Development and Operations Timelines
Minto Copper-Gold-Silver Exploration, Drilling, Development and Operations Timelines 500,000 m Minto Copper-Gold-Silver No Exploration > 25,000m Exploration, Drilling, Development and Operations Timeline Drilling 400,000 m Discovery of 2013 to 2019 First First Production > 10,000m 200 High-Grade Geo
Slide 11: 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 12: Restart Planning
Restart Planning
Slide 13: 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 Mid-2028 Oct 2019 Expected Oct 2026 Potential first
Slide 14: 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 15: Preliminary Economic Assessment & Restart Objectives
Preliminary Economic Assessment & Restart Objectives • 12-15 year mine life – Sufficient to attract low-cost restart financing • 4,100 tpd (1.5 Mtpa) mine and mill throughput – Consistent throughput at steady grades, with an ore blending strategy to ensure mining stays ahead of milling • ~30,000 tpa
Slide 16: 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 17: 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 Scott Fulton Kevin McGinty Stacie Jones Justin
Slide 18: Exploration Update
Exploration Update 18
Slide 19: 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 20: Mine-Site Exploration and Resource Drilling
Mine-Site Exploration and Resource Drilling • 50,000 m drill program is focused on: 600 60000 Cumulative Daily Drill Production Averages • Expanding and Extending zones of known Rig 12 mineralization at Minto North, Minto East, 500 50000 Rig 11 and Copper Keel underground zones and the 118 and Ridge
Slide 21: Minto Mineralization Zones
Minto Mineralization Zones Within the Mine Site Footprint 21
Slide 22: Mine-Site Exploration and Resource Drilling
Mine-Site Exploration and Resource Drilling Results from Dec 22, 2025, Jan 22, Feb 19, and Mar 25, 2026 22
Slide 23: Minto North West Zone
Minto North West Zone Results from Phase 1 Drillholes Hole_ID Zone From_m To_m Total Length_m Cu_pct Au_ppm Ag_ppm Cu Eq (Fixed R) pct*m 25SCM001 Minto North West 226.0 249.4 23.4 2.39 0.32 11.61 2.72% 63.6 228.9 237.5 8.7 5.21 0.47 26.68 5.79% 50.1 25SCM002 Minto North West 218.1 249.7 31.6 1.53 0.
Slide 24: 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 24
Slide 25: Geological Observations
Geological Observations Increasing Deformation Intensity, Increasing Magnetite Increasing Chalcopyrite Abundance Increasing Bornite Abundance Unfoliated Incipient Weak Foliation Moderate Strong Foliation Migmatite Net-Textured Semi-Massive May contain Foliation Biotite connectivity Foliation Segrega
Slide 26: Minto Property Exploration
Minto Property Exploration 2D inversion DCIP • Magnetic data appears effective at mapping structure • Discrete high magnetic responses coincide with shallow zones of high- grade mineralization; however shallow Minto North oxide development is magnetite destructive. Minto East Copper Keel • Chargeabi
Slide 27: Geoscience Advancements
Geoscience Advancements • Re-establish structural model incorporating historical work plus new drilling and oriented core measurements. Important framework for resource estimation and geotechnical designs. • Developing targeting model based upon sulphide zonation (bn > cpy > py), foliation developme
Slide 28: Trade-Off Study and Preliminary Economic Assessment (PEA) Update
Trade-Off Study and Preliminary Economic Assessment (PEA) Update 28
Slide 29: 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 30: Permitting Update
Permitting Update 30
Slide 31: 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 and Proposals remove the water stored underground by the issued to vario
Slide 32: Contact
colin.joudrie@selkirkcopper.com 604-760-3157 justin.stevens@selkirkcopper.com 604-240-2959
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