Zodiac Gold Inc · TSXV:ZAU
Zodiac Gold — Investor Presentation (November 2025)
19 slides from Zodiac Gold's investor presentation, November 2025
Slide 1: District Scale Gold Discovery in Liberia – Geared for Growth
DISTRICT SCALE GOLD DISCOVERY IN LIBERIA GEARED FOR GROWTH In an Underexplored Mining Jurisdiction TSX.V: ZAU Q4 2025
Slide 2: Disclaimer
DISCLAIMER This presentation contains certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical fact, that address events or developments that Zodiac Gold Inc. (“Zodiac Gold”) expects to occur, are forward-looking statemen
Slide 3: Investment Thesis
INVESTMENT THESIS Building a leading West African explorer DISTRICT SCALE EXPLORATION MULTI-COMMODITY OPPORTUNITY DE-RISKED Prolific 2,316 km 2 land package located Targeting 1Moz+ gold deposits, with iron ore Gold identified at surface, at depth and along along the fertile regional-scale Todi Shear
Slide 4: West African Gold Landscape
WEST AFRICAN GOLD LANDSCAPE Multiple world-class gold deposits ▪ The West African craton hosts numerous world-class gold deposits. 1 ▪ 450 Moz. of gold discovered to date – 70 gold deposits over 1 Moz. & 40 over 3 Moz. 1 ▪ The largest Paleoproterozoic gold-producing region in the world. 1 ▪ Liberia
Slide 5: Country Snapshot: Liberia
COUNTRY SNAPSHOT LIBERIA POLITICALLY STABLE ▪ Well-functioning democracy since 2003 with four successful elections (2005, 2011, 2017, & 2023) ▪ Significant U.S. presence and influence: English & U.S. dollar widely used Downtown Monrovia MINING FRIENDLY ▪ Well established mining code (based on Austra
Slide 6: Flagship Todi Project
FLAGSHIP TODI PROJECT Mining-friendly jurisdiction adjacent to large-scale producing mines DISTRICT-SCALE LAND PACKAGE ▪ 100%-owned 2,316 km 2 land package ▪ 418 km2 Todi flagship property – Mineral Development Agreement application submitted to government. ▪ Two additional Exploration Licenses cove
Slide 7: Five Drill Ready Targets
FIVE DRILL READY TARGETS Compelling exploration upside ARTHINGTON • 2,369m of trenching and 6,836m of diamond drilling completed with significant intersections reported in 37 of 39 holes. Open along strike and at depth. • 4+ km long soil anomaly with artisanal workings (1km drilled to date) • Discov
Slide 8: Planned Gold Exploration Q4 2025 to Q2 2026
PLANNED GOLD EXPLORATION Q4 2025 to Q2 2026 GEOPHYSICAL SURVEY • Commission a detailed magnetic survey covering the 16km Arthington to Youth Camp trend, as well as the Alasala targets. DRILLING AND TRENCHING • Follow-up trenching at the Ben Ben target and commencement of trenching at the Feh Feh and
Slide 9: Zodiac's Iron Assets - Major Iron Ore District
ZODIAC’S IRON ASSETS - MAJOR IRON ORE DISTRICT Strategically Positioned Among Liberia's Leading Iron Ore Operations KEY HIGHLIGHTS • Term sheet in place for strategic partnership with Vitol, including a structured prepayment facility and global offtake solution for any future production. • USGS and
Slide 10: Recent Milestones and Next Steps
RECENT MILESTONES AND NEXT STEPS Drill program at Alasala Launched trenching Announced strategic Drill Ben Ben / Announce drilling target completed with program at the Ben partnership with Vitol Youth Camp / results high grade intersections Ben target on iron assets Alasala targets Q4 2024 Q2 2025 Q
Slide 11: ESG Strategy
ESG STRATEGY Committed to sustainable and ethical mining Road construction Medical clinic construction ZODIAC TEAM ▪ 98% of our team are Liberian citizens, and a majority of employees are shareholders in the company. CORE PRINCIPLES ▪ Minimize environmental impacts and preserve environmental quality
Slide 12: Leadership Team
Douglas Cater, P Geo FCG Independent Director LEADERSHIP TEAM Professional Geologist with +35 years of experience. Held key roles at senior Canadian mining and exploration Successful track records & skin in the game companies. Current Director at Exploits Discovery Corp, Copper Lake Resources, and S
Slide 13: Capital Structure
CAPITAL STRUCTURE Compelling valuation & insider ownership of 31% Capitalization & Valuation 4 ZAU Share Ownership Ticker Symbol TSX.V:ZAU Current Share Price1 CAD $0.32 Directors, Shares Issued & Outstanding 124.99M Mgmt. & Insiders, Retail 31% Basic Market Cap. CAD $40M & Options2 9.91M Other, 63%
Slide 14: Contact Us
CONTACT US David Kol CEO info@zodiac-gold.com +1 (702) 296-1156 Website: www.zodiac-gold.com TSX.V:ZAU CORPORATE PRESENTATION Q4 2025 14
Slide 15: Appendix
APPENDIX TSX.V:ZAU CORPORATE PRESENTATION Q4 2025 15
Slide 16: Exploration Work to Date
EXPLORATION WORK TO DATE History of the grassroots discovery SATELLITE INTERPRETATION STUDY COMPLETED (2021) – UPDATED (2024) ▪ Defined 20 targets associated with Greenstone Belts ▪ Over 400 km2 extent of greenstone rocks (composite unit) STREAM GEOCHEMISTRY 625 stream samples - COMPLETED (2022) SOI
Slide 17: Arthington Drilling Summary
ARTHINGTON DRILLING SUMMARY Wide mineralized zones with high-grade gold intervals DRILL PROGRAMS (2022 - 2025) ▪ 2.4 km strike (Garang Base to Ambulai Field) within a +4km soil anomaly tested by 6,836 m of drilling with gold mineralization in 37 of 39 holes ▪ Open along strike to the NW of Ambulai F
Slide 18: Arthington Drill Programs - Highlighted Results
ARTHINGTON DRILL PROGRAMS - HIGHLIGHTED RESULTS High grades and shallow depths ADD004: 57.00 m-58.00 m core sample interval with 25.20 g/t Au PHASE I: ▪ ADD007 returned 7.5 g/t Au over 9.65m (from 87.35m) ▪ ADD004 returned 10.6 g/t Au over 6.0m (from 55.0m) and 0.93 g/t Au over 8.5m (from 122.5m) AD
Slide 19: Alasala Target
ALASALA TARGET Substantial exploration potential Previous drilling and trenching conducted along a 2 km NNE trending mineralized zone. DRILLING HIGHLIGHTS: 19.6 m at 6.17 g/t Au(1), 6.0 m at 7.69 g/t Au, 9.0 m at 4.6 g/t Au, 4.05m at 13.92 g/t Au (including 1.6m at 34.5 g/t Au), 7m at 2.23 g/t Au (i