Copper Lake Resources Ltd. · TSXV:CPL
Copper Lake Resources — Investor Presentation (June 2026)
28 slides from Copper Lake Resources's investor presentation, June 2026
Slide 1: Ontario’s Next Big Discovery
Ontario’s Next Big Discovery June 2026 | TSX.V: CPL OTCPINK: WTCZF
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Some of the statements in this presentation, other than statements of historical fact, are “forward-looking statements” and are based on the opinions and estimates of management as of the date such statements are made and are necessarily based on estimates and assumptions
Slide 3: Why Copper Lake?
Why Copper Lake? • The Marshall Lake & Norton Lake properties feature copper-zinc-silver as well as nickel-copper- cobalt-platinum group element mineralization respectively, all strategic metals in increasing demand to support the coming EV revolution • Marshall Lake contains several high-grade Cu-Z
Slide 4: Marshall Lake & Norton Lake Property Locations
Marshall Lake & Norton Lake Property Locations Deposit1 Tonnes Cu% Pb% Zn% Ag (g/t) Au (g/t) Mattabi 11,400,000 0.74 0.85 8.28 104.1 Lyon Lake 3,495,000 1.24 0.63 6.53 141.5 0.5 Sturgeon Lake 2,070,000 2.55 1.21 9.17 164.2 0.5 Creek Zone 908,000 1.66 0.76 8.81 141.5 0.5 F Group 340,000 0.64 0.64 9.5
Slide 5: Marshall Lake Property Geology & Mineral Occurrences
Property Marshall Geology Lake Property & Mineral - Geology Occurrences & Mineral Occurrences North Cu Zone Mineral Occurrences D Zone North Diabase 1The resource numbers referred to for the Billiton Deposit are considered as historic resource not Cherry Hill G Zone compliant with NI 43-101 guidelin
Slide 6: Priority Targets – 2026 Exploration Program
Priority Targets – 2026 Exploration Program The Teck Hill – Gazooma Target, Gazooma North – RM – Lease Target (Black Dashed Circles) & The Conductive Centre (Red Oval) are large Mineralized Zones Containing High-Grade Copper, Zinc and Silver Mineralization in a VMS Setting • The Teck Hill – Gazooma
Slide 7: Teck Hill - Gazooma & Gazooma North – RM - Lease Targets, Drill Results
Teck Hill - Gazooma & Gazooma North – RM - Lease Targets, Drill Results Hole No. From (M) To (M) Width (M) Cu (%) Ag (g/t) Au (g/t) Target GAZ-06-02 3.00 30.10 27.10 2.03 37.90 0.31 Teck Hill – Gazooma inc. 8.00 25.90 17.90 2.79 51.80 0.38 GAZ-06-04 2.00 30.70 28.70 1.30 24.70 0.29 Teck Hill - Gazoo
Slide 8: Teck Hill - Gazooma & Gazooma North – RM – Lease Targets & Associated VTEM Conductors
Teck Hill - Gazooma & Gazooma North – RM – Lease Targets & Associated VTEM Conductors The Teck Hill – Gazooma Gazooma Occurence Occurrences Are Intimately Associated With VTEM VTEM Conductor Conductors That Persist Below 3 The Depths of Diamond Drilling (Upper Left & Right Figures) 3 • Additional dr
Slide 9: Conductive Centre Target, Drill Results
Conductive Centre Target, Drill Results Hole No. From (m) To (m) Interval (m) %Cu % Zn Ag (g/t) Au (g/t) Zone MAR-21-03 47.33 48.05 0.72 1.18 5.81 119.00 0.01 Conductive Centre 64.20 66.87 2.67 5.39 6.43 315.58 2.22 73.48 76.07 2.59 1.43 4.13 122.24 0.51 180.65 181.50 0.85 1.40 9.05 159.00 0.01 MAR-
Slide 10: Conductive Centre and Associated BHEM Conducters
Conductive Centre and Associated BHEM Conducters High-Grade Copper-Zinc-Silver VMS Mineralization is Closely Related to a Cluster of Moderate to Strong Conductors Delineated by Bore-Hole Electromagnetic (BHEM) Surveys • The cluster of conductors has sizeable dimensions of 400 X 200 X 300 metres (in
Slide 11: Marshall Lake – Conceptual Model for Mineralization
Marshall Lake – Conceptual Model for Mineralization (Pre-Deformation) Marshall Mineralized Band (red rectangle) is a Key Mappable Unit Containing the Bulk Of Semi-Massive to Massive Sulphide Mineralization Encountered to Date • Future exploration efforts should be focused on exploring this band thro
Slide 12: Transposition of Massive Sulphides – Billiton Zone
Transposition of Massive Sulphides – Billiton Zone Open Down-plunge Looking North • Massive sulphide deposits are commonly • Billiton Zone has similarly been modified and modified by deformational events such as what transposed into the S2 foliation with an east-west is illustrated above where the f
Slide 13: Marshall Lake – VTEM Anomalies, High Priority
Marshall Lake – VTEM Anomalies, High Priority Marshall Mineralized Band • 2006-vintage VTEM survey yielded numerous conductors at Marshall Lake (blue triangles) • Highest priority anomalies are those associated with the Marshall Mineralized Band • Conductors up-stratigraphy (to the east) of lesser p
Slide 14: Marshall Lake – Next Steps 2026
Marshall Lake – Next Steps 2026 LARGE-LOOP ELECTROMAGNETIC (EM) SURVEYS: 1. Large loop ground EM surveys to be completed over the Teck Hill – Gazooma, Gazooma North – RM – Lease targets to help determine depth and along trend extensions of the high-grade copper mineralization in preparation for diam
Slide 15: Marshall Lake – Recent Developments
Marshall Lake – Recent Developments Kenorland Minerals Ltd. (TSX.V:KLD) Acquires Kowkash Project Comprising 1,179 Square Kilometres • This large land position ties-on to the south boundary of Copper Lake’s Marshall Lake property • Comprises a major portion of the under-explored Onaman-Tashota greens
Slide 16: Norton Lake Ni-Cu-Co-PGE Property Location
Norton Lake Ni-Cu-Co-PGE Property Location • Located 400 km northeast of Thunder Bay, Ontario close to proposed transportation corridor leading to the ‘Ring of Eagle Ni-Cu-PGE Deposit Fire’ • 69.79 % interest in the property; JV partner is currently a shell • New (Oct 2023) NI 43-101 compliant resou
Slide 17: Norton Lake Property – Regional Geology
Norton Lake Ni-Cu-Co-PGE Property – Regional Geology • The Minimiska-Fort Hope greenstone belt (MFGB) is bordered to the north, south and west by granitic Norton Lake Property batholiths • The MFGB consists of easterly-trending mafic- felsic volcanic rocks intercalated with metasedimentary rocks typ
Slide 18: Norton Lake Property – Property Geology
Norton Lake Ni-Cu-Co-PGE Property – Property Geology Norton Lake Ni-Cu- Co-PGE Deposit • Massive to pillowed basalt and underlying sediments intruded by mafic to ultramafic rocks (red ovals) occur on the property • Norton Lake intrusion that hosts the Norton Ni-Cu-Co-PGDE deposit consists of massive
Slide 19: Norton Lake Deposit – Long Section
Norton Lake Ni-Cu-Co-PGE Deposit – Long Section Host lithotype interpreted 200 Metres Surface to be a blade-shaped ultramafic feeder-sill or conduit • Open at depth below 400 metres; Ni grades increasing at depth • Bore-hole EM (BHEM) & 1.21, 0.65, 0.89/10.6M ground TDEM surveys were completed on th
Slide 20: New Mineralized Zone Found Below Norton Deposit
New Mineralized Zone Found Below Norton Deposit Norton Lake Deposit New Lense New Lense Section 0+00 0.80% Ni, 0.30% Cu, 1.10 g/t Pt + Pd/5.0M 0.80% Ni, 1.07% Cu, 3.2 g/t Pt + Pd/7.0M Cross Section 0+00 (Looking Southwest) Longitudinal Section of Norton Lake Deposit, Looking Northwest • Two historic
Slide 21: Norton Ni-Cu-Co-PGE Property
Norton Ni-Cu-Co-PGE Property NI 43-101 Compliant Mineral Resource for the Norton Lake Deposit • Open at depth for expansion and along strike New Zone Discovered by Drilling Yielding 0.80% Nickel, 1.07% Copper and 3.20 g/t Palladium over 7.00 Metres • New Zone is a separate zone and not part of the N
Slide 22: Norton Lake Ni-Cu-Co-PGE Deposit
Norton Lake Ni-Cu-Co-PGE Deposit Isometric View, Looking South Isometric 3D View of Block Model with Pit Shell, Looking South • Measured Resource in red, Indicated Resource in yellow, Inferred Resource in green, potential at depth in blue • Green wireframe is the low-grade domain, the dark red wiref
Slide 23: Norton Lake Ni-Cu-Co-PGE Deposit
Norton Lake Ni-Cu-Co-PGE Deposit Ultramafic breccia with sulphide matrix of pyrrhotite, pentlandite Laminated massive sulphide comprising pyrrhotite, pentlandite and and chalcopyrite chalcopyrite www.copperlakeresources.com TSX.V: CPL 23
Slide 24: Norton Lake Property-Scale Target Areas
Norton Lake, Property-Scale Target Areas Norton Lake Ni-Cu- Co-PGE Deposit • Ultramafic rocks similar to the Norton Intrusion (Pyroxenite in purple) occur at several locales on the property despite poor outcrop (red ovals) • Additional mapping and ground electromagnetic surveys (EM) are warranted at
Slide 25: Norton Lake Property – VTEM Survey
Norton Lake Property – VTEM Survey Norton Ni-Cu-Co-PGE deposit is associated with a series of conductors (black dots) situated on the south flank of a magnetic high • Numerous other conductors are present in the deposit locale that warrant immediate Norton Lake Ni-Cu- Co-PGE Deposit follow-up • Feed
Slide 26: Norton Lake Property – Exploration Opportunities
Norton Lake Property – Exploration Opportunities Deposit Locale: • The Norton Lake Ni-Cu-Co-PGE deposit remains open at depth for expansion • BHEM and ground TDEM survey data completed in the Norton deposit locale (in CPL’s possession), have not been interpreted and offer potential for expansion of
Slide 27: Capital Structure (as at May 31, 2026)
Capital Structure (as at May 31, 2026) Shares Issued 13,550,188 Insider Ownership Options @ $1.37 830,000 Management and Directors 12.1% Warrants ($2.00) (exp. Dec 2026) 794,800 Other Closely Held 27.7% Shares Fully Diluted 15,174,988 Total 39.8% Market Cap (based on $0.25) $3.9 M 52 Week Range (TSX
Slide 28: Contact Us
Contact Us Terry MacDonald, CEO T: +1-416-561-3626 E: tmacdonald@copperlakeresources.com Social Media: @lake_copper @CopperLakeResources @Copper Lake Resources Ltd. www.copperlakeresources.com TSX.V: CPL 28
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