Soma Gold Corp. · TSXV:SOMA
Soma Gold — Investor Presentation (August 2025)
30 slides from Soma Gold's investor presentation, Aug 28, 2025
Slide 1: Growing Gold Producer in Colombia – Corporate Presentation
Growing Gold Producer in Colombia Corporate Presentation August 28, 2025 Corporate Presentation August 28, 2025
Slide 2: Legal Disclaimer
Legal Disclaimer T S X V : S O M A / / O TC Q B : S M A G F Statement by Qualified Persons Some statements herein contain forward-looking information. These statements include, but are not limited to, statements with respect to the expected benefits from having a management team seeking to aggressiv
Slide 3: 2025 H1 Financial Highlights
2025 H1 Financial Highlights T S X V : S O M A / / O TC Q B : S M A G F H1 Sales Volume 11,909 ounces AuEq H1 Adjusted EBITDA $ 22.33 million H1 Net Income $ 4.76 million Long Term Debt (reduced to C$17.6 by Aug 28, 2025) $ C 29.1.1 million Average H1 realized price per ounce Au Shares Outstanding (
Slide 4: Organic Growth Strategy
T S X V : S O M A / / O TC Q B : S M A G F Organic Growth Strategy ➢ Gold producer with over 430 km2 District Scale property next to Aris 2025 H1 Production 11,909 AuEq ounces Mining’s (TSX:ARIS) 5.5M ounces Segovia deposit H1 2025 Adj. EBITDA of C$22.33 Million ➢ Ongoing exploration program funded
Slide 5: Key Financial and Operating Statistics for H1 2025
Key Financial and Operating Statistics for H1 2025 T S X V : S O M A / / O TC Q B : S M A G F Highlights ➢ Soma sold 11,909 AuEq ounces in H1 ➢ Revenue for the first half was $50.9 million, an increase of 21.1% over revenue in H1 2024 ➢ Net Income for H1 was $4.7 million compared to a loss of $613 K
Slide 6: Colombia – Excellent Mining Jurisdiction
T S X V : S O M A / / O TC Q B : S M A G F Colombia – Excellent Mining Jurisdiction ➢ Soma’s properties are located in a prolific jurisdiction with multiple unexplored targets ➢ Soma’s property is on-trend with the 5.5-million-ounce Segovia Mine and the 6.0-million-ounce Gramalote deposit ➢ Antioqui
Slide 7: District Scale Property
District Scale Property T S X V : S O M A / / O TC Q B : S M A G F Nechi Mine Mineral rights concessions of approximately 43,000 Ha (410 sq. km) extend over more than 100 km along the prolific • Permitting in process OTU fault. These concessions are adjacent to and on-trend with the Segovia Mine (Ar
Slide 8: Mill production history and forecast
Mill production history and forecast T S X V : S O M A / / O TC Q B : S M A G F Production Forecasted AuEq Production by Mill Totals (oz 80,000Au): 16,168 17,170 20,484 23,800 32,340 27,688 29,500 41,274 57,729 74,417 72,104 72,104 70,000 60,000 50,000 40,000 30,000 20,000 10,000 * -Forecasted based
Slide 9: Hub and Spoke – Mine to Mill
Hub and Spoke – Mine to Mill T S X V : S O M A / / O TC Q B : S M A G F ➢ Two Mills located at the northern end and in the central part of the 43,000 Ha property ➢ Combined capacity of 650 TPD, expandable to 1,200 TPD ➢ Feed mills with ore from Limon, Cordero, Aurora, Escondida, Nechi and artisanal
Slide 10: Cordero Mine
Cordero Mine T S X V : S O M A / / O TC Q B : S M A G F ➢ Current el Bagre Mill throughput of 450 TPD – Mine production 550-600 TPD – surplus to Limon ➢ Average life-of-mine diluted head grade of 6.4 gpt ➢ 12-14 stopes in production using raised stope, mechanized and Resue mining methods ➢ Targeting
Slide 11: Cordero Deposit Modelling
Cordero Deposit Modelling T S X V : S O M A / / O TC Q B : S M A G F “en echelon” veins ➢ A cross-section through Cordero South ➢ The cross-section highlights that the veins are “en echelon’ both along strike and down dip ➢ Updated modelling protocols ➢ Vein orientation constraints ➢ Each drill inte
Slide 12: Venus Gap Resource Expansion
Venus Gap Resource Expansion T S X V : S O M A / / O TC Q B : S M A G F ➢ Infill drilling at Cardero and particularly at the Venus Gap indicates strong mineralization where there was thought to be barren rock. Upper Venus Gap ➢ Veins have a good width and high-grade Original NI43-101 Resource model
Slide 13: El Bagre Mill Complex
El Bagre Mill Complex T S X V : S O M A / / O TC Q B : S M A G F ➢ 450 TPD Capacity ➢ 1,200 TPD Crushing capacity ➢ The grinding, gravity, floatation, cyanide leach and Merrill Crowe circuits are expandable to 1,000 TPD ➢ Powered by renewable hydropower generated on- site and backed up by generators
Slide 14: El Limon Mill
El Limon Mill T S X V : S O M A / / O TC Q B : S M A G F ➢ 200-225 TPD capacity - re-started July 1, 2025 ➢ Expandable to 400 TPD ➢ RPP License from Government of Colombia ➢ Located 25 km south of el Bagre in town of Zaragoza ➢ Close to the Machuca Mine August 28, 2025 www.somagoldcorp.com 14
Slide 15: Nechi Mine
Nechi Mine T S X V : S O M A / / O TC Q B : S M A G F ➢ Located 60 km North of the El Nechi Deposit Bagre Gold Complex ➢ Permits pending ➢ Production to start in 2027 60 km ➢ Hosted in the same Batholith host rock as the Segovia Mine (5.5M oz Au) ➢ 2019 NI 43-101 Resource El Bagre Gold Complex Estim
Slide 16: Nechi Deposit
Nechi Deposit T S X V : S O M A / / O TC Q B : S M A G F Mine plan submitted for permit ➢ 42,000 m of DDH drilling already completed ➢ Some of the previously built decline and underground workings can be re-purposed ➢ 200-250 TPD production planned for to start early 2027, with the ore to be milled
Slide 17: Machuca Deposit
Machuca Deposit T S X V : S O M A / / O TC Q B : S M A G F ➢ Located 10 km south of the el Limon Mill ➢ Paved road to el Limon and el Bagre mills ➢ Fully-permitted mine that has been rehabilitated going into production in Q3 2025 ➢ Mining to commence in Q3 2025 ➢ High-grade intercepts and channel sa
Slide 18: Escondida Mine
Escondida Mine T S X V : S O M A / / O TC Q B : S M A G F ➢ Located 25 km west of the Limon Mill ➢ Currently producing gold ➢ Fully permitted legal mine with PTO, Environmental and Explosives permits ➢ Currently mining 10-20 TPD while permitted for 50 TPD ➢ Wide (2-3 m) vein with 1 km of strike ➢ Hi
Slide 19: Limon Mine
Limon Mine T S X V : S O M A / / O TC Q B : S M A G F ➢ Parallel structures to the historic el Limon vein ➢ 50 meters to the west with an en echelon orientation ➢ El Limon produced approximately 250,000 ounces Au over life of mine ➢ Accessible and permitted under existing RPP license. ➢ Parallel str
Slide 20: Diamantina Mine
Diamantina Mine T S X V : S O M A / / O TC Q B : S M A G F ➢ Formalized small mine within 3 km of el Limon Mill ➢ 25-50 TPD production at a grade of 5-7 gpt gold ➢ Fully permitted with PTO, environmental and explosives permits ➢ Ore delivery to el Limon in September 2025 August 28, 2025 www.somagold
Slide 21: Artisanal Miners
Artisanal Miners T S X V : S O M A / / O TC Q B : S M A G F ➢ There are many small miners working on outcropped hard rock and An example of an artisanal small mine alluvial deposits on the Company’s property ➢ Soma’s strategy is to work with these small miners to formalize them under the Government
Slide 22: Multiple Additional Exploration Targets
Multiple Additional Exploration Targets T S X V : S O M A / / O TC Q B : S M A G F Psyche 2 Target Soil Anomalies ➢ $7 million 2025 exploration program ➢ 30K meters of DDH per year ➢ Multiple targets identified through surface sampling and artisanal mining ➢ Airborne geophysical and LIDAR surveys un
Slide 23: Copper Anomaly on OTU Central
Copper Anomaly on OTU Central T S X V : S O M A / / O TC Q B : S M A G F ➢ Potential copper anomaly on the Otu Centro property acquired in 2023 ➢ Several artisanal underground mines in the area mining gold in multiple quartz veins ➢ Target for recent DDH drilling program for gold at the Colossa, Ori
Slide 24: Seasoned and Proven Senior Management
Seasoned and Proven Senior Management GEOFF HAMPSON MARK BREN CHAIRMAN AND CEO VP OPERATIONS Founded and financed multiple private and public companies Mr. Bren has 35+ years of experience in technical and operational roles in surface and since 1979 with a total deal value of over $700 MM, including
Slide 25: Board of Directors
T S X V : S O M A / / O TC Q B : S M A G F Board of Directors GEOFF HAMPSON IOANNIS TSITOS CEO AND CHAIRMAN OF THE BOARD INDEPENDENT DIRECTOR AND COMPENSATION COMMITTEE CHAIR Founded and financed multiple private and public companies since 19 years with BHP Billiton, the last 9 as senior BD manager
Slide 26: Environmental, Social and Governance
Environmental, Social and Governance T S X V : S O M A / / O TC Q B : S M A G F Environmental ➢ First Colombian Mining Company to be certified as Carbon Neutral ➢ Formalizing small miners eliminates the use of mercury ➢ Sustainable and renewable source of power from on-site hydro plant. ➢ Soma plant
Slide 27: Worker Health and Safety
Worker Health and Safety T S X V : S O M A / / O TC Q B : S M A G F ➢ Management and the Board take worker safety very seriously ➢ Implemented North American safety standards ➢ The focus on safety and training has dramatically reduced incidents August 28, 2025 www.somagoldcorp.com 27
Slide 28: Colombia Country Risk
Colombia Country Risk T S X V : S O M A / / O TC Q B : S M A G F ➢ New elections scheduled for June 2026. ➢ President Petro’s Leftist agenda stalled by Centrist Legislature ➢ No change to the 5% foreign dividend withholding tax ➢ Soma exceeds compliance for environmental and social issues (won an aw
Slide 29: Summary
Summary T S X V : S O M A / / O TC Q B : S M A G F Market cap is less than 2 times Projected 2026 EBITDA of $95 million Producing and Profitable mine Large District Scale, Highly Prospective Land Holdings in Prolific A ntioquia State, Colombia H1 2025 AISC of US $2,179USD and cash costs of US$1,438
Slide 30: Contact
CONTACT Geoff Hampson CEO +1 312-420-0690 geoff@somagoldcorp.com Jean-Francois Meilleur TSXV:SOMA // OTCQX:SMAGF VP Capital Markets +1 514 951-2730 jean-francois@somagoldcorp.com Suite 1500, 409 Granville Street Vancouver, BC, Canada V6C 1T2 IN F O @ S O M A G O L D C O R P . C O M +1-604-259-0302 w