Xxix Metal Corp. · TSXV:XXIX
Xxix Metal — Investor Presentation (July 2025)
23 slides from Xxix Metal's investor presentation, Jul 29, 2025
Slide 1: XXIX Metal Corp: A Canadian Copper Powerhouse
XXIX METAL CORP A Canadian Copper Powerhouse XXIX:TSXV | QCCUF:OTCQB Q3 2025 Page <#> XXIX:TSXV | QCCUF:OTCQB Part of the
Slide 2: Grade, Scale & Infrastructure
GRADE, SCALE & INFRASTRUCTURE Two high quality assets with potential to positively impact valuation. Former producers with outstanding infrastructure. Opemiska: one of the highest-grade open pit copper projects in Canada with robust MRE. Thierry: largest primary copper resource in Ontario with poten
Slide 3: Opemiska: Tier 1 Location with Infrastructure
OPEMISKA: TIER 1 LOCATION WITH INFRASTRUCTURE Easily accessible via well maintained road. Ouje-Bougoumou Chibougamau 18km Brownfield environment. Community support. Opemiska Property Perry Low projected CAPEX Robitaille Springer Cooke Chibougamau Airport Horne Smelter 350km Chapais XXIX:TSXV | QCCUF
Slide 4: 2025 Mineral Resource Update: Game Changer
2025 MINERAL RESOURCE UPDATE : GAME CHANGER Indicated Resources: • 69,653 million tonnes @ 1.12% CuEq (1,720 Mlbs) New Opemiska Resource Model: 3D View Inferred Resources: • 80,615 million tonnes @ 0.42% CuEq (746 Mlbs) New Zones of Mineralization: • Stockwork: Additional lower-grade mineralization
Slide 5: Turning Waste into Ore: Reduced Strip Ratio
TURNING WASTE INTO ORE: REDUCED STRIP RATIO Previous Opemiska Resource Model – Looking West New Opemiska Resource Model – Looking West 830m 400m 400m 750m 500m 500m High-grade vein Low-grade stockwork XXIX:TSXV | QCCUF:OTCQB Part of the Page 5
Slide 6: New Resource Model: More Compact Pit
NEW RESOURCE MODEL: MORE COMPACT PIT Indicated Resources (Pit Constrained): New Open Pit Model: • 62,706 million tonnes @ 1.04% CuEq (1,438 Mlbs) • Increased in-pit resource by 240 Mlbs CuEq • High-grade veins remain intact Inferred Resources (Pit Constrained): • Smaller surface footprint • 78,485 m
Slide 7: Opemiska Will Grow with Cooke Drilling: Fall 2025
OPEMISKA WILL GROW WITH COOKE DRILLING: FALL 2025 Cooke mineralization (looking southeast) Cooke is a former gold-copper mine located 2.5km from Opemiska’s potential open pit. 5 g/t gold – historical mill head grade. Crown pillar still intact – 700m in strike length 5,000m initial drill program in F
Slide 8: Opemiska Is Central to Chibougamau Consolidation
OPEMISKA IS CENTRAL TO CHIBOUGAMAU CONSOLIDATION Opemiska Scott Lake 2.24 billion lbs @ 0.74% CuEq 2.6 billion lbs @ 8.24% ZnEq Chibougamau Project 840 million lbs @ 3.53% CuEq Monster Lake 573 Koz @ 13.79 g/t Au Notable Companies (Assets) XXIX (Opemiska) IAMGOLD (Monster Lake, Nelligan) IAMGOLD / A
Slide 9: Thierry: Big Surprise
THIERRY: BIG SURPRISE Acquired for $12M – Ontario’s largest primary copper deposit. Significant infrastructure already in place: Thierry Property well-maintained road, airport, power, water. K1 Zone K2 Zone K2 Past Producer • 25Mt @ 1.64% Cu + Ni + PGE G Zone J Zone Pickle Lake • $200M investment in
Slide 10: Thierry K1 – Open Pit Mineralization
THIERRY K1 – OPEN PIT MINERALIZATION K1 Zone MRE: K1 Zone: grade x width model (looking south) Inferred: 53.6 Mt @ .38% Copper 2024 Drill Results confirmed mineralization is open along strike and at depth: • 171m @ 0.527% Cu, 0.134% Ni, 2.36 g/t Ag, 0.059 g/t Pt, 0.177 g/t Pd • Drilled to 400m and o
Slide 11: Thierry K1 – Open Pit Mineralization: New Interpretation
THIERRY K1 – OPEN PIT MINERALIZATION: NEW INTERPRETATION K1 Zone: Section View (A – A’) Surface From sub-parallel tabular zones to bulk mining: • Slight reduction in grade, but Historical Interpretation of • Significant augmentation in tonnage Mineralized Envelopes • Lower mining costs New Interpret
Slide 12: Next Steps: Connecting K2 with K1
NEXT STEPS: CONNECTING K2 WITH K1 Blue Sky Potential - Geophysical (VTEM) trend between K1 and K2 Geophysical anomalies correlate with THIERRY mineralized zones in K1 and K2 PROPERTY Connecting this zone would be transformative for the Thierry Project K1 450 Mlbs @ 0.38% Cu Drilling Proof of Concept
Slide 13: K1 – K2 Connection: Trend of Geophysical Anomalies
K1 – K2 CONNECTION: TREND OF GEOPHYSICAL ANOMALIES VTEM SURVEY Interpretation & Total Magnetic Field 0m 1500m K1 K2 XXIX:TSXV | QCCUF:OTCQB Part of the Page 13
Slide 14: Corporate Overview
CORPORATE OVERVIEW KEY METRICS SHARE PRICE - XXIX TSX Venture Exchange XXIX:TSXV Shares Outstanding ~258M Warrants, Options & RSUs 29M Share Price $0.125 Basic Market Capitalization ~$32M Cash + Amounts $5M Receivable $1.4M - 10.7M Baselode Marketable Securities shares (FIND:TSXV) XXIX:TSXV | QCCUF:
Slide 15: Board & Management
BOARD & MANAGEMENT JOEL FRIEDMAN DENIS MCNICHOLS, géo. STEPHEN STEWART GUY LE BEL CFO V.P. EXPLORATION CHAIRMAN CEO Over 10 + years' experience in the Geologist with more than 25 years of 15 years of experience in the resource Over 35 years in strategic and financial mine mining industry experience
Slide 16: XXIX: Part of Ore Group
XXIX : Part of Ore Group consists of in-house technical and financial expertise & is focused on premier jurisdictions & on metals with strong, long-term fundamentals AWALE METAL ENERGY AMERICAN EAGLE GOLD ARIC: TSXV MERG: TSXV AE: TSXV Newmont-backed, Odienne Copper exploration in BC’s British Colum
Slide 17: Forward Looking Statements
FORWARD LOOKING STATEMENTS WE ARE IN THE MINERAL EXPLORATION AND DEVELOPMENT BUSINESS. IT IS INHERENTLY CAUTIONARY STATEMENT REGARDING HISTORICAL RESOURCES RISKY, AND ALL INVESTORS SHOULD BE KEENLY AWARE OF THIS The reader is cautioned that XXIX Corp. has not undertaken any independent This presenta
Slide 18: Guy Le Bel, CEO
Guy Le Bel, CEO glebel@oregroup.ca (416) 644-1567 www.xxix.ca XXIX:TSXV | QCCUF:OTCQB Part of the Page 18 Background: High grade, near surface core at Opemiska
Slide 19: Thierry K2 – Underground Deposit Growth
THIERRY K2 – UNDERGROUND DEPOSIT GROWTH Thierry K2 Zone MRE: • M&I: 8.8 Mt @ 1.66% Copper • Inferred: 14.9 Mt @ 1.64% Copper Growth: K2 deposit has not seen systematic drilling to test extent of mineralization Over $200 million invested in underground development at today’s cost 2022 PEA by P&E: NPV
Slide 20: Opemiska: Highest Grade Copper Open Pit in Canada
OPEMISKA: HIGHEST GRADE COPPER OPEN PIT IN CANADA Primary Copper Grade (%) of Canadian Open Pitable Deposits 0.60 0.50 0.40 Copper Grade (%) 0.30 0.20 0.10 0.00 Opemiska Opemiska Galore Creek Thierry Thierry Bell Red Chris Kwanika Gaspe Poplar Woodjam Huckleberry Mount Polley Highland Copper Yellowh
Slide 21: Thierry: Ontario's Largest Primary Copper Deposit
THIERRY: ONTARIO’S LARGEST PRIMARY COPPER DEPOSIT Significant potential to expand with the robust drill program planned for H2 2025 Copper Resources in Ontario 2,000 1,800 1,600 1,400 Copper Resources (Mlbs) 1,200 1,000 800 600 400 200 0 Thierry Thierry Marathon Lac des Iles Kidd Creek Victor Deep V
Slide 22: Opemiska: Road to Prefeasibility
OPEMISKA: ROAD TO PREFEASIBILITY Evaluate Additional Upside: Opemiska Project Status • More stockwork that can be considered Updated MRE 2025 Complete as part of larger Opemiska model. Drilling Cooke / Robitaille 2025 H2 • Cooke Gold Zone: 3km east of Opemiska PEA 2025 H2 Next 12-18 Months pit with
Slide 23: Thierry: Road to Prefeasibility
THIERRY: ROAD TO PREFEASIBILITY Thierry Project Status $2M - $3.5M capital investment for Updated MRE & PEA systematic drill program at K1 resulting in Data Compilation 80% Complete updated MRE. Geophysique & Systematic Drilling (<10,000m) 2025 H2 Wireframe and Block Model 2025 H2 Updated Global MRE