True North Copper Limited · ASX:TNC
True North Copper — Brisbane Mining Club (June 2025)
24 slides from True North Copper's conference presentation, Jun 19, 2025
Slide 1: Growing Queensland's next major Copper Resource
For personal use only Growing Queensland’s next major Copper Resource ASX: TNC June 2025
Slide 2: True North Copper – a compelling investment
True North Copper – a compelling investment For personal use only Tier 1 Growth at Unlocking the Revised Business Jurisdiction Cloncurry potential at Mt Strategy Copper Project Oxide Highly prospective (CCP) Strong balance portfolio of copper sheet Limited exploration resource and Exploration pipe
Slide 3: True North Copper Assets
True North Copper Assets Mt Oxide TIER 1 JURISDICTION Project Mt Isa Inlier, NW QLD MT OXIDE PROJECT (100% TNC) Highly prospective, underexplored large mineral system. For personal use only Capricorn Flamingo Vero Resource extension potential to depth and Copper (Concentrator) along strike. Mu
Slide 4: Corporate Snapshot
ASX: TNC Corporate Snapshot Strong Balance Sheet Experienced Board of Directors For personal use only Pre 31 March Voluntary 2025 Administration Shares on issue 1,029.9M 127.38M Options/Performance Rights on issue 15.4M 5.65M Paul Cronin Bevan Jones Tim Dudley Paul Frederiks Warrants on issue 46.4M
Slide 5: Reset to Explore, Optimise and Add Value
Reset to Explore, Optimise Mt Oxide District Sed Hosted Cu-Ag-Co Vero and Add Value PROJECT AREA Capricorn Copper MT OXIDE Drilling new open-pittable targets along Mt Oxide trend For personal use only identified from 2024 exploration campaign. Cloncurry Expand high grade resource base. District
Slide 6: Cloncurry Copper Project
Ernest Henry Cloncurry Copper For personal use only Cloncurry Great Australia Rocklands Cu Operations Hub Mine Project (CCP) Mt Isa 82 km GA Salebury Rocklands South Orphan Taipan Shear Barkly Hwy Tanbah Extend mine life Grow/convert resource base Marimo Trend Wallace North Test scale opportun
Slide 7: Exploration
Cloncurry Copper Project Exploration Ernest Henry Strategic exploration package in Cloncurry, drilling targets and exploration of large-scale mineral systems. Great Australia use only GREAT Resource Targets AUSTRALIA Eight high priority targets at Great Australia Mine Cloncurry Mine Operations Hub M
Slide 8: Wallace North Cu-Au Project
Cloncurry Copper Project Wallace North Cu-Au Project Wallace North hosts an Iron Sulphide Copper Gold resource of 1.79 Mt @ 1.31% ML90236 Cu & 0.78 g/t Au (Indicated + Inferred) For personal use only A Proposed Mining Infrastructure New FLEM Geophysics presents multiple opportunities for near-mine e
Slide 9: Wallace North Cu-Au Project
Cloncurry Copper Project Wallace North Cu-Au Project Section A 2025 FLEM Plates, IP Resistivity & Gold Drilling A’ Section A 2025 FLEM Plates, IP Chargeability & Copper Drilling A’ NNW SSE NNW SSE WRAB249 ECRC698 WALLACE NORTH MRE WALLACE NORTH MRE 1.79 Mt @ 1.31% Cu WRAB249 200mRL Prop DH1 12m @ 64
Slide 10: Salebury IOCG Targets
Cloncurry Copper Project Salebury IOCG Targets Large-scale coincident geophysical anomalies in historic and new IP survey indications of significant IOCG deposits For personal use only IP The Gully Chargeability Anomaly Salebury Main Large untested chargeability and gravity anomalies spatially c
Slide 11: Salebury Main & The Gully Targets
Cloncurry Copper Project Salebury Main & The Gully Targets THE GULLY: Conceptual Drill Targets SALEBURY MAIN ZONE: Conceptual Drill Targets Conceptual Conceptual Magnetite Breccia Phreatomagmatic Breccia South Drill Holes to Test Targets North mapped at surface Drill Holes to Test Targets mapped at
Slide 12: Great Australia Mine
Cloncurry Copper Project Great Australia Mine True North Copper’s 17-hole, 3,450m RC program confirmed multiple new copper- CHRC006 11 m @ 0.35% Cu, 0.07 g/t Au, gold zones outside existing resources 177 ppm Co from 33 m CHRC001 14 m @ 0.81% Cu, 0.12 g/t Au, Copperhead 749 ppm Co from 68 m Copperhea
Slide 13: Great Australia Mine - Copperhead Target
Cloncurry Copper Project Great Australia Mine - Copperhead Target Section B-B’ sits ~80 m North of Main GA Resource Section A-A’ sits ~180 m North of Main GA Resource Section A-A’ sits ~180 m North of Main GA Resource Interpreted Continuation of North Arm Interpreted Projection of North Arm NW Surfa
Slide 14: Great Australia – Coppermine Creek
Cloncurry Copper Project Great Australia – Coppermine Creek E W GA Resource New Discovery near For personal use only Coppermine Waste dump Great Australia Resource Coppermine Ck Fault Creek 150m from existing Great Australia resource 12m @ 0.65% Cu, 0.16 g/t Au from 142m intersected ~150m from the
Slide 15: Mt Oxide Project
Mt Oxide Project Vero 2024 Resource 15.03 Mt at 1.46% Cu & 10.59 g/t Ag for 220 kt Cu & 5.13 Moz Ag Lady (Indicated and Inferred) Annie For personal use only Capricorn Mt Oxide Project Copper Mount Kelly Drill new targets Mount Isa Corridor Expand high grade resources Mount Gordon Corridor Mount
Slide 16: Long Section Vero Copper-Silver Resource
Long Section Vero Copper-Silver Resource Mt Oxide Project S Ivena N MOXD217 Vero Pit 200 mRL Vero Resource High Grade Copper For personal use only Shoot The Mt Oxide Project hosts the Vero Resource of 15.03 3% to +5% Cu 0 mRL Mt @ 1.46% Cu (Indicated and Inferred), a Mt Isa style sediment hosted Cu-
Slide 17: Vero Resource vs Capricorn Copper
Mt Oxide Project Vero Resource vs Capricorn Copper Capricorn Copper 62.2Mt @ 1.8% Cu and 9g/t Ag A Vero 15.03Mt @ 1.46% Cu & 10.59g/t Ag A’ Southwest Northeast Camp Gossans Camp Gossans Prospect Vero Ivena Ivena North North Prospect # Vero high grade shoot For personal use only +300 m in length 500
Slide 18: Underexplored +10km Prospective Trend
Mt Oxide Project Underexplored +10km Prospective Trend 8,000m Discovery Drill Program in Progress For personal use only Limited systematic modern exploration outside of the Vero Resource. Significant opportunity to apply leading-edge exploration to build a larger copper inventory in a well- endo
Slide 19: Aquila Prospect
Mt Oxide Project Aquila Prospect 1.5km x 250m structurally complex corridor 5km along trend from Vero major fault-hosted target adjacent to Mt Gordon Fault Zone. Pathfinder elements (As, Sb, Bi) and Fe-Mn breccias strong indicators of hydrothermal fluid flow and mineralisation potential. T
Slide 20: Exploration & Resource Development Forward Program
Exploration & Resource Development Forward Program Summary AIMS: Rapidly grow the Cloncurry Copper Project Life of Mine through discovery of additional new resources adjacent to current pits and infrastructure. For personal use only At Mt Oxide, build a regionally significant district of multipl
Slide 21: Where discovery meets opportunity
Where discovery meets opportunity investing in True North Copper Highly prospective portfolio of copper assets Substantial opportunity to build larger For personal use only in the world-class Mt Isa Inlier, QLD copper inventory at Mt Oxide Project; – Tier 1 Jurisdiction district-scale potential Exte
Slide 22: Thank you
For personal use only Thank you Bevan Jones Managing Director ASX: TNC www.truenorthcopper.com.au
Slide 23: Important Notices and Disclaimer
IMPORTANT NOTICES AND DISCLAIMER This presentation (Presentation), together with any information communicated by True North Copper Limited ABN 28 119 421 868 (the JORC Company or True North), in any presentation or discussion relating to this Presentation (collectively, Information) is confidential,
Slide 24: Appendix – TNC Mineral Resources
Appendix 1 – TNC Mineral Resources Cut-off Tonnes Cu Au Co Ag Cu Au Co Ag Cut-off Tonnes Cu Au Co Ag Cu Au Co Ag Resource Category Resource Category (% Cu) (Mt) (%) (g/t) (%) (g/t) (kt) (koz) (kt) (Moz) (% Cu) (Mt) (%) (g/t) (%) (g/t) (kt) koz) (kt) (Moz) Great Australia Mt Oxide – Vero Copper-Silve