Puma Exploration Inc. · TSXV:PUMA
Puma Exploration — CIM NB Annual Conference 2026
20 slides from Puma Exploration's conference presentation, May 28, 2026
Slide 1: Building value through its proven DEAR corporate strategy
Building value through its proven DEAR corporate strategy Presented by Marcel Robillard, EXPLORER & PROJECT GENERATOR President and CEO IN ATLANTIC CANADA CIM NB Annual Conference Bathurst, NB May 28, 2026 1
Slide 2: Forward-Looking Statement
FORWARD-LOOKING STATEMENT This presentation may contain forward-looking statements such as use of words or phrases such as: is poised to, historical resource estimates, to be appointed, to create, up to, expected to cost, yet to be defined, etc. Such forward-looking statements involve a number of kn
Slide 3: Extensive Landholdings in New Brunswick
EXTENSIVE LANDHOLDINGS IN NEW BRUNSWICK PUMA’S ACTIVE PROJECTS Williams Brook (Optioned to Turgeon Project Belledune Kinross) Legacy Project • Option signed in Oct. 2024. Kinross must spend $16.75M over 5 years to secure 65% McKenzie Project of project. Kinross is the operator. • In Year 2 of Option
Slide 4: Partner-Funded Exploration Platform with Multiple Catalysts
PARTNER-FUNDED EXPLORATION PLATFORM WITH MULTIPLE CATALYSTS C$30M market cap with exposure to gold, copper-zinc and strategic holdings, plus a 100%-owned discovery pipeline. No currentASSET mineral resource estimate / PARTNER EXPOSURE & PUMA UPSIDE 2026 CATALYSTS RESOURCES TSXV: PUMA No NI 43-101 re
Slide 5: Williams Brook – Optioned to Kinross
WILLIAMS BROOK – OPTIONNED TO KINROSS WILLIAMS BROOK OPTIONNED TO KINROSS GOLD TO ACQUIRE 65% OF PROJECT FOR $16.75M CURRENTLY IN YEAR 2 $3M OF EXPLORATION SPEND BY OCT.30, 2026 CURRENT ACTIVITY: • 3 field crews on site and deployed until the end of September 2026. • Soils Survey Completed: 1,322 sa
Slide 6: The Lynx Gold Zone
THE LYNX GOLD ZONE WB25-187 (@203m, 205m, 206m) Qtz vein with VG + sulphides (Ga-Sph) WB25-188 (136.7m – 136.79m) Qtz vein with VG + sulphides (Ga-Sph) OPEN VG VG VG VG 1mm 1mm VG VG WB25-185 (@185.6m) Qtz vein with VG + sulphides (Py-Cpy-Ga-Sph) 1mm 2023 Drilling intersections VG VG WB23-125 ►50.85
Slide 7: The Lynx Gold Zone
THE LYNX GOLD ZONE Elev (2) NE sw +400 we525-178" 6.97 git Au/ 0.60m 7 we2s-176" 2.46 git Aus0.50m — . f 4.34 git Au /0.50m ves 4.13 git Au/ 1,67m 0.21 gt Aus 086m 1.42 git Au/4.10m “ ws25-1907 OPEN 5 PP nici? 1.03 git Aus 640m q we2s-186" 2.92 git Au/ 0.60m 2 waos-179 4.23 git Au / 050m 1.29 gt Au!
Slide 8: Williams Brook – 2026 Drilling Programs
WILLIAMS BROOKS– 2026 DRILLING PROGRAMS VTEM survey – Calculated Vertical Gradient (CVG) Lion Gold Zone Jaguar Gold Zone Cougar Gold Zone 8
Slide 9: Williams Brook – Jaguar Gold Zone
WILLIAMS BROOK – JAGUAR GOLD ZONE WB26-195 TARGET 0.45 g/t Au over 56.50 m TARGET trench IP Anomaly Jaguar Gold TARGET Zone TARGET WB-08-04 WB-08-03 0.68 g/t Au over 0.72 g/t Au over 41.00 m 38.00 m WB-08-05 0.31 g/t Au over 28.00 m Mineralized intersections (Pyrite – F.K) Ground IP 2008 9
Slide 10: The McKenzie Gold Project
THE MCKENZIE GOLD PROJECT Menneval (Au) Slam Exploration Grog 3.70 g/t Au MURRAY BROOK MINERALS • 33,550 ha Occurrences Legacy Sediment (Grog Brook) Historical Resources • Many gold occurrences up to 601 g/t (Skarn Cu-Ag) Au Carbonate (Matapedia) Intrusion (McKenzie Gulch) • Large regional fault > 3
Slide 11: McKenzie Gold - RIM Area
MCKENZIE GOLD - RIM AREA RIM Gold Zone OPEN Extension 2025 3.18 g/t Au 1.84 g/t Au 11.33 g/t Au 24.23 g/t Au Grog Gold Zone 79.69 g/t Au 31.72 g/t Au 126.96 g/t Au Occurrences Legacy Deposit 125.66 g/t Au Sediment (Grog Brook) 9.97 g/t Au Skarn Cu-Ag Carbonate (Matapedia) 29.25 g/t Au 36.33 g/t Au I
Slide 12: McKenzie Gold - Grog Area
MCKENZIE GOLD - GROG AREA Grog1 3.03 g/t Au 1.62 g/t Au Grog Gold Zone 1.60 g/T Au Occurrences 1.23 g/T Au Legacy Deposit 0.76 g/t Au Sediment (Grog Brook) Skarn Cu-Ag Carbonate (Matapedia) Intrusion (McKenzie Gulch) Legacy Sediment (Chaleurs) Project An 84.3%-owned Grog2 subsidiary of Puma 9.21 g/t
Slide 13: McKenzie Gold – JV with NB Gold
MCKENZIE GOLD – JV WITH NB GOLD McKENZIE GOLD JV 70% PUMA/ 30% NB GOLD CURRENTLY IN YEAR 2 $1.5M OF $2.0M CARRY-ON FULFILLED CURRENT PROGRAM: • 2 field crews on site and deployed until the end of September 2026. • 3 Drone Magnetic Surveys PUMA DRILLING TO DATE: • RIM (2026) : 43 holes for 2,721 metr
Slide 14: Jacquet River Project – Grassroot Exploration
JACQUET RIVER PROJECT– GRASSROOT JACQUET RIVER EXPLORATION 100% OWNERSHIP NO NSR NEW ACQUISITION 390 claims (8,474 ha) FIRST YEAR OF EXPLORATION CURRENT PROGRAMS: • Drone Magnetic Survey • Prospecting and mapping UPCOMING PLANNED PROGRAMS: • Follow-up trenching on geophysical survey reults Rocky B.
Slide 15: District-Scale Position
MURRAY BROOK MINERALS – PUMA SUBSIDIARY Northern New Brunswick • Copper District-Scale Position Legacy Deposit + Legacy East (greenfield) — contiguous to regional copper–gold projects Legacy Group (630 ha) Legacy East (9,495 ha) Legacy Deposit NI43-101 (2026) Mckenzie Gold Project • > 30,000 hectare
Slide 16: Legacy Deposit
THE LEGACY COPPER SYSTEM Northern New Brunswick • Copper Legacy Deposit Updated resource + high-grade intervals + open at depth 2025 2025 Updated Resource (NI43-101) View Looking East PIT Shell NI 43-101 (13.50 M lbs Cu) 930,000 tonnes @ 0.66% Cu 1970 R-21 5.07% Cu + 54.38 g/t Ag over 4.02m What we
Slide 17: 2025 Exploration Program – Newest Results
EXPLORATION UPSIDE Northern New Brunswick • Copper 2025 Exploration Program – Newest Results 17 trenches excavated for 943 metres – 321 samples collected Skarn JJ Gold Zone 2.24% Cu - 0.08 g/t Au – 152 g/t Ag 1.48% Cu – 0.10 /t Au – 45 g/t Ag Legacy East 100% MBM 105 Zone Legacy Deposit 12.00% Cu -
Slide 18: Multiple Drill-Ready Copper Targets Identified
EXPLORATION UPSIDE Northern New Brunswick • Copper Multiple Drill-Ready Copper Targets Identified 3 priority target zones / coincident anomalies / near historical workings Contoured chargeability + Drone magnetic survey in MAG 1DV – NB regional survey airborne conductivity 2025 T4 T7 ZOOM T3 T1 105
Slide 19: The Puma Team
THE PUMA TEAM Marcel Robillard, P.Geo. / Réjean Gosselin / Richard Thibault, P.Eng. / President & CEO, Director Director & Executive Chairman Director 30 years of experience in junior Seasoned mining executive with over 42 Over 42 years experience in mining exploration. Past President of Geominex, a
Slide 20: Contact us
Marcel Robillard President & CEO president@explorationpuma.com 1-418-750-8510 Mia Boiridy Head Investor Relations, Director mboiridy@explorationpuma.com 1-250-575-3305 175, rue Legaré | Rimouski (Quebec) Canada | G5L 3B9 Contact us 20