Upside Gold Corp · CSE:UG
Upside Gold — Investor Presentation (May 2026)
20 slides from Upside Gold's investor presentation, May 2026
Slide 1: Building Upside Gold: Executing a Clear Plan to Grow the Kena Gold–Copper System
BUILDING UPSIDE GOLD: EXECUTING A CLEAR PLAN TO GROW THE KENA GOLD–COPPER SYSTEM May 2026| CSE:UG | OTCQB: UGODF
Slide 2: Notice to Reader
Notice to Reader Certain information set forth in this presentation contains “forward-looking information”, including “future oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statemen
Slide 3: Investment Highlights
Investment Highlights Large-scale gold-copper system with multiple pathways to resource expansion and long-term development optionality. Large-scale gold–copper system anchored by a 3.31 Moz historical gold resource* Located in southern British Columbia — a Tier-1 mining jurisdiction with excellent
Slide 4: A District-Scale Project with Excellent Infrastructure
A District-Scale Project with Excellent Infrastructure Located in low-cost area of B.C. 10,115 hectares, 198 mineral claims & 11 crown grants Located 7km south of Nelson with year-round road access Existing regional infrastructure including power, rail and processing facilities Claims in good standi
Slide 5: Located in a Proven Gold Mining District
Located in a Proven Gold Mining District Over 4 million ounces of gold historically produced from the district Part of the Kootenay “Golden Arc,” one of British Columbia’s most productive mining belts Geological setting consistent with large-scale gold and copper systems Nearby recently permitted Ke
Slide 6: A Large-Scale Historical Gold Resource — With Room to Grow
A Large-Scale Historical* Gold Resource — With Room to Grow Originally reported in 2021 as Mineral Resource Estimate 43-101 Compliant Technical Report Class Cut-off Au (g/t) Tonnes (k) Au (g/t) Au Metal (Koz) 3.31 million ounces of gold in a historical resource 0.10 44,006 0.449 635.0 0.15 41,895 0.
Slide 7: Historic Production Across the Kena Gold–Copper District
Historic Production Across the Kena Gold–Copper District Gold hosted in multiple structures – demonstrates potential along and across strike Athabasca Mine* 20,000 tonnes 31.2 g/t Au, 10 g/t Ag Euphrates Mine* 307 tonnes 46.9 g/t Au, 249 g/t Ag Great Western* 34 tonnes 52.2 g/t Au Gold Cup Mine* 24
Slide 8: Resampling of Existing Drill Core from Kena Gold Zone
Resampling of Existing Drill Core from Kena Gold Zone Demonstrated Bulk Tonnage (open-pit) Style Gold Mineralization HOLE WIDTH Au (g/t) Property staked in 1970’s P74-2 79.25 0.74 including 15.24 1.43 Targeted gold vein style mineralization within P74-3 71.63 0.49 volcanic rocks at the Kena Gold Zon
Slide 9: Discovery Trenches Confirmed Strong Surface Mineralization at Gold Mountain Zone
Discovery Trenches Confirmed Strong Surface Mineralization at Gold Mountain Zone Significant Chip Sampling Results Along and Across Strike led to Significant Drill Campaigns Chip samples: 182 metres averaging 1.43 g/t gold PG 09
Slide 10: Wide Intervals Demonstrate Scale and Continuity
Wide Intervals Demonstrate Scale and Continuity Gold Mountain Zone Hole # From (m) To (m) Width (m) Gold (g/t) Strong geochemical, geophysical, and trench results supported 01GM-01 14.00 114.00 100.00 1.21 01GM-02 2.65 109.00 106.35 1.08 follow-up drilling at the Gold Mountain Zone 01GM-03 8.00 124.
Slide 11: KENA - A Pipeline of Gold & Copper Growth Opportunities
KENA - A Pipeline of Gold & Copper Growth Opportunities Pink shows highest gold values Pink shows highest copper values Significant untested, under-explored targets beyond historical resource boundaries 3 km long Kena copper zone – limited exploration to date, key drilling focus Expansion potential
Slide 12: 2021 Drill Campaign
2021 Drill Campaign Wide Intervals of Bulk Tonnage Style Gold Values – Kena Copper Zone Hole # From To Width Cu (%) Au (g/t) Ag (g/t) CuEq* (m) (m) (m) (%) KC21-01 including 37.70 58.00 20.30 0.24 0.11 0.8 0.32 KC21-02 including 37.40 39.29 1.89 0.11 0.81 1.4 0.61 and 53.55 56.00 2.45 0.31 0.49 3.5
Slide 13: 2021 Drill Campaign: Great Western & Starlight Zones
2021 Drill Campaign Great Western & Starlight Zones Great Western Zone Starlight Zone HOLE FROM (m) TO (m) WIDTH* (m) GOLD (g/t) HOLE FROM TO (m) WIDTH Au (g/t) Ag (g/t) Cu (%) Cu Eq* (m) (m) (%) DL21-01 46.84 49.50 2.66 6.55 DL21-13 30.33 31.00 0.67 6.36 3.1 including 46.84 47.40 0.56 12.60 33.83 3
Slide 14: Gold Mountain - Scale and Continuity Along Strike and at Depth
Gold Mountain - Scale and Continuity Along Strike and at Depth Gold hosted in multiple structures demonstrating continuity along strike and strong expansion potential Resource Area Gold Mountain Cross Section PG 014
Slide 15: Metallurgy - High Recoveries Confirm Conventional Processing
Metallurgy - High Recoveries Confirm Conventional Processing 2022 Bulk Samples Demonstrate Strong Recoveries of Gold up to 95.6% Response to Different Process Routes at 75 µm Composite 1 is from Composite 2 is from Kena Gold Zone Gold Mountain Zone Whole-ore Cyanidation 85.5% 93.9% Flotation 88.7% 9
Slide 16: What We've Done – and Where We Are Going
What We’ve Done – and Where We Are Going Executing a Clear Path to Resource Growth WHAT WE HAVE CONFIRMED WHAT WE ARE DOING NOW WHERE THIS LEADS • Multiple high-grade Au–Ag–Cu showings • Preparing for a 4000m drill 2026 • Expansion and upgrade of the historical beyond the boundaries of the historic
Slide 17: Three-Pronged Approach to Resource Growth
Three-Pronged Approach to Resource Growth Multiple Pathways to Significant Resource Growth and Re-Rating Potential • Include ~5,000 m of historical drilling (2021–2022) — expected to support upgrade from inferred to indicated • Incorporate an additional 5,000 m of new drilling (Upside - 2025-2026) —
Slide 18: Capital Structure
CAPITAL STRUCTURE Strong Shareholder Alignment and Significant Embedded Capital to Fund Growth Capital Invested to Date Capital Structure ~$3.0 million since 2024 Shares % ~84% insider and strategic ownership Common Outstanding Shares 54,798,667 72.65% Strong capital structure to support continued e
Slide 19: Executive Management Team & Board
Executive Management Team & Board Proven Track Record in Exploration and Resource Development Sophy Cesar Dr. Trevor Boyd Roger Jewett CEO & Director VP Exploration CFO CPA, CA 15+ years of senior exec experience in junior Ph.D, P.Geo Over 30 years experience leading public and resource sector on th
Slide 20: Kena Project Contact Us
Kena Project Contact Us Get In Touch Online upsidegoldcorp.com Phone 514-641-6897 Email scesar@upsidegoldcorp.com CSE:UG PG 020