Coppernico Metals Inc. · TSX:COPR
Coppernico Metals — Investor Presentation (November 2026)
53 slides from Coppernico Metals's investor presentation, November 2026
Slide 1: Pursuing the world's next major copper-gold mine in Peru
Pursuing the world’s next major COPPER-GOLD mine in Peru. Strategic Disciplined Responsible Committed Corporate Presentation | November 2026 TSX: COPR OTCQB: CPPMF FSE: 9I3
Slide 2: Cautionary Notes
Cautionary Notes This document has been prepared by Coppernico Metals Inc. (“Coppernico” or the “Company”) to showcase the Company’s mineral exploration projects. Because it is a high-level summary presentation, the information contained herein cannot contain all the information that should be revie
Slide 3: Track Record of Monetization through Discovery
Track Record of Monetization through Discovery Consistently building companies that generate meaningful shareholder value through discovery, advancement and strategic monetization. AURYN RESOURCES SEGREGATED BY COMMODITY FOCUS CREATED 3 STRATEGIC SPINOUTS Raised and spent over $100M pursuing tier- A
Slide 4: Copper Supply Has A Growing Problem
Copper Supply Has A Growing Problem COPPER DEMAND IS FORECAST TO OUTSTRIP SUPPLY GLOBAL COPPER MARKET OUTLOOK Driven by multi-decade ~10 MILLION TONNE SUPPLY SHORTFALL BY 2040 global trends: • Population growth • Urbanization and infrastructure buildout • Electrification and digitalization Each cycl
Slide 5: Four of the World's Largest Copper Mines
Four of the World’s Largest Copper Mines Major Copper Supply Depends on Mature, Finite-life Assets Estimated Life: Australian Resources & Investment Current Mine Plan: Underground production expected (2024) states the mine has approximately 65 years of life through 2041. remaining. Escondida, Chile
Slide 6: Major Copper Discoveries (1990-2023)
Major Copper Discoveries (1990-2023) Acquisition of the Sombrero Copper Project Copper Discovery Crisis Source: S&P Global https://www.spglobal.com/market-intelligence/en/news-insights/research/2025/12/new-major-copper-discoveries-remain- scarce-late-stage-assets-drive-growth COPPERNICO METALS - TSX
Slide 7: Sombrero History & Key Milestones
Sombrero History & Key Milestones 2001 • Aceros Arequipa, Peru’s largest steel maker, conducted bulk sample testing at Fierrazo. 2007-2008 • Alturas Minerals completed localized mapping, sampling and geophysics. 2013 • Aceros Arequipa completed 8 drill holes totaling 988 m at Fierrazo, targeting iro
Slide 8: Exploring the Extension of a Major Copper Mining Belt in Peru
Exploring the Extension of a Major Copper Mining Belt in Peru Direct analogues to nearby Target rich Numerous major mines Multiple scalable high-quality underexplored Based on scale, rock type, discovery opportunities targets mineralization style & age of rocks Project Area: ~57,000 ha COPPERNICO ME
Slide 9: Exceptional Access to Infrastructure
Exceptional Access to Infrastructure COPPERNICO METALS - TSX: COPR OTCQB: CPPMF FSE: 9I3 / 9
Slide 10: Collaborating with the Communities & Government
Building partnerships with Collaborating local communities with the Peruvian community team has Communities & extensive background and Government experience in collaborating For over 9 Years with local communities in the central southern Peru Technical specialist in animal health Two Quechua speaker
Slide 11: Sustainable Benefits - Agroideas
Sustainable Benefits - Agroideas Coppernico is sponsoring applications for additional government-funded agriculture programs Total Contribution (USD) Total Invested Program People Sombrero Peruvian Community (USD) Impacted (Coppernico) Government Australian Lamb Breeding Program 800 $12k $58k $56k $
Slide 12: Discovery Opportunity Identified Through Erosion
Discovery Opportunity Identified Through Erosion Nioc Target Looking SE 25SRT-043, G691308: Garnet - magnetite skarn with chrysocolla filling open spaces 2.81% Cu, 1.19 g/t Au and 2.24 g/t Ag Y209449: Magnetite skarn with silicification and patches of pyrite and chalcopyrite, chrysocolla filling ope
Slide 13: Sombrero Cluster Scale Comparison to Las Bambas
Sombrero Cluster Scale Comparison to Las Bambas Same age of mineralization as: Las Bambas, MMG: ~37.9 Ma1 Tintaya, Glencore: 38-35 Ma2 Antapaccay, Glencore: ~35.7 Ma3 1. Porphyry-Style Alteration and Mineralization of the Middle Eocene to Early Oligocene Andahuaylas-Yauri Belt, Cuzco Region, Peru, E
Slide 14: Ccascabamba Target Area – Major Skarn System Identified
Ccascabamba Target Area – Major Skarn System Identified • 20 diamond drill holes for a total of ~8,200 metres have been completed exploring the Corrales, Hojota, Chumpi and Escondida target areas. • Primary targets were limited by previous drill permitted polygon / 14
Slide 15: Geophysical Surveys – Over 10 km of Targets
Geophysical Surveys – Over 10 km of Targets Refined geology improves drill targeting; magnetics, gravity, and chargeability define priority zones. Looking NE Data designed to: • Filter rock volumes • Refine intrusive architecture • Define structural corridors • Prioritize drill vectors within known
Slide 16: Fierrazo – High-Grade Brownfield Target
Fierrazo – High-Grade Brownfield Target Aerial View of Fierrazo Target Looking ENE Phase 2 Drilling Starts Here A Historical drilling A’ Hole ID Interval 1,2 (m) Cu % Au g/t FE-DDH-01A 90.4 0.48 0.05 Including 41.8 0.88 0.02 FE-DDH-02 51 0.43 0.16 Including 20.95 0.70 0.25 FE-DDH-03A 116 0.42 0.24 I
Slide 17: Historical Drill Core Supports Robust Model
Historical Drill Core Supports Robust Model Subsurface Mineralization Correlates with Geophysics Fierrazo Cross- Section Looking N Shallow historical drilling1 along a portion of the geophysical anomalies demonstrates high-grade mineralization from surface that continues to depth and provides direct
Slide 18: Brownfield Discovery Expansion Potential
Brownfield Discovery Expansion Potential Brownfield skarn target, defined by a ~700 m long gravity feature located along the margin of a much larger dense body, indicative of a Cu-Au mineralized magnetite skarn developed along an intrusive–carbonate contact. Fierrazo Plan View COPPERNICO METALS - TS
Slide 19: Exceptional Nioc Channel Samples
Exceptional Nioc Channel Samples Nioc Target Looking SE Channel sampling limited to outcropping rock only Zone 1: 25SRT-048 6m of 2.98% Cu, 1.51 g/t Au & 12.38 g/t Ag COPPERNICO METALS - TSX: COPR OTCQB: CPPMF FSE: 9I3 / 19
Slide 20: Nioc – High Grade Channel Sampling Composites
Nioc – High Grade Channel Sampling Composites1 Zone Channel Sample ID Interval (m) Cu % Au (g/t) Ag (g/t) Combined: 25SRT-029, -065 and -066 155.00 0.54 25SRT-065 Incl 37.0 0.25 0.01 0.34 15.0 0.37 0.28 1.60 25SRT-066 Incl 66.0 0.33 0.05 0.28 25SRT-029 52.00 1.06 0.19 1.23 25SRT-030 40.00 0.96 0.13
Slide 21: Nioc – Open for Expansion
Nioc – Open for Expansion COPPERNICO METALS - TSX: COPR OTCQB: CPPMF FSE: 9I3 / 21
Slide 22: Nioc Target Area – Recent Channel Samples
Nioc Target Area – Recent Channel Samples • Large, vertically continuous +20mV/v chargeability anomalies • Significant copper mineralization present on surface Nioc Target Looking SE Nioc Plan View Nioc Cross-Section COPPERNICO METALS - TSX: COPR OTCQB: CPPMF FSE: 9I3 / 22
Slide 23: Good Lucky – 400 m Vertical Window 7km NE of Ccascabamba Target
Good Lucky – 400 m Vertical Window 7km NE of Ccascabamba Target
Slide 24: Tipicancha – Lithocap-Porphyry System
Tipicancha – Lithocap- Porphyry System Large, multi-kilometre footprint • Epithermal-porphyry younger than the Eocene skarn-porphyry targets • Confirms multiple mineralizing events at Sombrero Classic lithocap signature • Magnetic low linked to intense hydrothermal alteration • Altered andesitic vol
Slide 25: Tipicancha – Lithocap-Porphyry System
Tipicancha – Lithocap-Porphyry System Geochemical Alteration Clear vectoring Zoning Map toward a porphyry source • Strong horizontal and vertical zonation Structures focus mineralization • ENE–WSW corridors • NNE–SSW intersections = key fluid pathways COPPERNICO METALS - TSX: COPR OTCQB: CPPMF FSE:
Slide 26: Expanding on Key Targets
Expanding on Key Targets The principal targets at Sombrero are copper-gold skarn, porphyry systems and precious metal epithermal systems. Building on insights from Phase 1 drilling, Antapampa and Tipicancha have been identified as new targets for further exploration. Milpoc and Macha Machay have rec
Slide 27: Expanding Drill Permits
Expanding Drill Permits HUANCASANCOS: • Environmental permit (EIA-Sd)1 in place. Permitted area expanded to ~3,122 ha, from 904 ha previously permitted • 181 drill platforms, increased from 38 • Up to 300 drill holes, increased from 49 • Supports multiple drill rigs and drilling across several prior
Slide 28: 2026 Multi-target Drill Program
2026 Multi-target Drill Program TWO PARALLEL OBJECTIVES 1. Expand Known Testing Independent Discovery Vectors Mineralization • Expand and define the Fierrazo mineralization1 • Initial test of mineralized Nioc systems2 2. Discovery + System Definition • Focused drill targeting over Chumpi • Vector wi
Slide 29: Experienced Leadership with Global Discovery Expertise
Experienced Leadership with Global Discovery Expertise MANAGEMENT Ivan Bebek Stacy Rowa Christian Rios Tim Kingsley Margarita Cardona >25 years CPA, CA >18 years M.Sc., P.Geo. >20 years M.Sc., P.Geo. >18 years >10 years Founder, Manager, CFO SVP, Corporate VP, Exploration Chair & CEO Investor Relati
Slide 30: Planned Catalysts Timeline
Planned Catalysts Timeline1 Multiple Drill Targets, Near-Term News Flow 1. Advancing final start-of-activities drill permit authorization ahead of Phase 2 drilling 2. Commencement of drilling estimated November/December 3. Drill results – expected January/February onward 4. Create optionality throug
Slide 31: Our Shareholders are our Biggest Strength
Our Shareholders are our Biggest Strength Capital Structure TSX: COPR Analyst Coverage as at August 31, 2026 3L Capital Shares Issued & Outstanding 197,212,990 Options Outstanding1 7,720,000 Warrants Outstanding2 33,929,272 Fully Diluted Shares Outstanding 238,862,262 Cash Balance as at June 30, 202
Slide 32: Why Coppernico Today?
Why Coppernico Today? Exceptional Copper-Gold Exploration Asset Rich Grades, Large Scale, Significantly Untested Entering Transformational Discovery Phase Brownfield And Greenfield Exploration Targets Compelling Timing Metal Prices, Demand Outlook, Supply Deficits Third-Party Validation Teck + Newmo
Slide 33: APPENDIX
APPENDIX 34) Sombrero Property: Ownership 35) Aceros Option: Terms 36) Mollecruz Option: Payments 37) Horizonte Option: Payments 38) Schematic Sections Through Ccascabamba Target Area 39) Sombrero: Cluster Geology & Stratigraphy 40) Sombrero Cluster: Combined Soils and Rocks 41) Large Highly Prospec
Slide 34: Sombrero Property – Ownership
Sombrero Property – Ownership Sombrero property covers approx. 57,000 hectares1 which has been acquired through a combination of staking and option agreements Ownership Claims Hectares Direct* 71 54,500 Aceros 3 600 Option Mollecruz 4 1,300 Option Horizonte 2 600 Option * Sombrero Minerales S.A.C is
Slide 35: Aceros Option – Terms
Aceros Option – Terms Work Work Due Dates Expenditures Expenditure (US$) Status December 13, 2026 $150,000 Completed December 13, 2027 $500,000 Outstanding December 13, 2028 $1,000,000 Outstanding December 13, 2029 $2,162,544 Outstanding Total $3,812,544 • Upon exercise of the Aceros Option, a joint
Slide 36: Mollecruz Option – Payments
Mollecruz Option – Payments Property Property Work Work Due Dates Payments Payment Expenditures Expenditure (US$) Status (US$) Status June 22, 2018 $50,000 Completed - - Subject to access $50,000 Completed $150,000 Deferred Subject to access $100,000 Deferred $150,000 Deferred Subject to access $200
Slide 37: Horizonte Option – Payments
Horizonte Option – Payments Property Property Work Work Due Dates Payments Payment Expenditures Expenditure (US$) Status (US$) Status April 8, 2026 $37,500 Completed - - Year 1 $37,500 Pending $150,000 Pending Year 2 $112,500 Pending $150,000 Pending Year 3 $187,500 Pending $500,000 Pending Year 4 $
Slide 38: Schematic Sections – Ccascabamba Target Area
Schematic Sections – Ccascabamba Target Area COPPERNICO METALS - TSX: COPR OTCQB: CPPMF FSE: 9I3 / 38
Slide 39: Sombrero – Cluster Geology & Stratigraphy
Sombrero – Cluster Geology & Stratigraphy • Significant metal endowment • Multiple prospective skarn horizons • Large geochemical footprint (~18 km x 6 km) / 39
Slide 40: Sombrero Cluster – Combined Soils and Rocks
Sombrero Cluster – Combined Soils and Rocks Geochemical Zonation Model with Cover Stripped Back / 40
Slide 41: Large Highly Prospective Land Position
Large Highly Prospective Land Position Drill-ready. Project Land Position = approx. 57,000 hectares COPPERNICO METALS - TSX: COPR OTCQB: CPPMF / 41
Slide 42: Geophysical Surveys – Overlapping Anomalies
Geophysical Surveys – Overlapping Anomalies • IP and magnetic surveys reveal a 10 km trend of targets between Nioc and Ccascabamba. • Targets are nearly 100% covered. Geophysical data is indicating a mixed sulphide- magnetite skarn target. • Elongated NE-trending magnetic anomaly overlapping and on
Slide 43: Cross-section of Holes 4, 13, 14, and 15
Cross-section of Holes 4, 13, 14, and 15 • Exploring for extension of mineralization from hole 4 COPPERNICO METALS - TSX: COPR OTCQB: CPPMF FSE: 9I3 / 43
Slide 44: Hole 24SOM-004 Cross-section
Hole 24SOM-004 Cross-section Hole 4 drilled underneath channel sample 18SRT-09 which intersected 105 m @ 0.23% Cu and 0.13 g/t Au1. The hole drilled to a depth of 586.8 m reaching an area of elevated chargeability (+20 mV). 1. See NI 43-101 Technical Report on the Sombrero Main/Nioc Project, Ayacuch
Slide 45: Drill Core from Hole 24SOM-004
Drill Core from Hole 24SOM-004 The drill core exhibits significant skarn alteration over long intervals, as well as zones of strong hematite (iron) replacement of original rock ~70m intercept of Fe skarn (hematite/magnetite) replacement of limestone “The Ccascabamba Area represents a large, very act
Slide 46: Drill Core from Hole 24SOM-004
Drill Core from Hole 24SOM-004 Hole 4 displays zones with high concentrations of sulphide minerals including pyrite, chalcopyrite and pyrrhotite. Several intervals show a complex network of overprinting vein generations more than one of which contains chalcopyrite. Diorite with secondary biotite alt
Slide 47: Drill Core from Hole 24SOM-004
Drill Core from Hole 24SOM-004 • Garnet exoskarn overprinted chlorite +/- pyrite retrograde event. • Cut by anhydrite + sulphides (pyrite - chalcopyrite - pyrrhotite - sphalerite) veinlets. • Sulphides also present as disseminations. These geological characteristics suggest a robust and multiphase m
Slide 48: Nioc – Channel Sampling Open for Expansion
Nioc – Channel Sampling Open for Expansion Channel 25SRT-072, the 126 m interval, includes 8 m of unsampled material which was given a 0% Cu value in the composite, no samples collected between 118-126m COPPERNICO METALS - TSX: COPR OTCQB: CPPMF FSE: 9I3 / 48
Slide 49: Events Timeline
Events Timeline Nov 9-11, 2026 Precious Metals Summit Zurich Nov 23-24, 2026 121 Mining Investment London Jan 24-25, 2027 Vancouver Resource Investment Conference (VRIC) 2027 Mar 7-10, 2027 Prospectors and Developers Association of Canada (PDAC) 2027 Mar 18-19, 2027 Swiss Mining Institute COPPERNICO
Slide 50: Initial Drill Targets Analogous to Las Bambas Mine
Initial Drill Targets Analogous to Las Bambas Mine A direct comparison to the Sombrero Project based on: World’s Top 15 Largest Copper Mines1,2 ✓ Scale ✓ Rock type ✓ Mineralization style “Glencore reaps US$7B from Las Bambas sale to China's MMG – ✓ Age of mineralization US$5.85B plus money spent.” •
Slide 51: Ferrobamba (Las Bambas) Map with Pre-2022 Drill Results
Ferrobamba (Las Bambas) Map with Pre-2022 Drill Results • High-grade (+1% Cu) skarn mineralization around polyphase intrusion system • Complex – irregular geometry Plan view showing Geology slice through 3,400m RL. The coloured traces show all intercepts > 0.2% Cu and > 8m length below the planned R
Slide 52: Ferrobamba (Las Bambas) Cross-section XS-2 with 2022 Drill Results
Ferrobamba (Las Bambas) Cross-section XS-2 with 2022 Drill Results • High-grade (+1% Cu) skarn mineralization around polyphase intrusion system • Significant vertical extent XS-2 (see slide 36 for location), showing the SW and N zone targets, and select intercepts. ±50m window. / 52 Source: Report o
Slide 53: Subscribe for Updates
SUBSCRIBE FOR UPDATES Strategic Disciplined Responsible Committed Sign up for the latest news: www.coppernicometals.com Contact: info@coppernicometals.com TSX: COPR OTCQB: CPPMF FSE: 9I3 +1 778-729-0600
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