Astra Exploration Inc · TSXV:ASTR
Astra Exploration — Investor Presentation (May 2026)
48 slides from Astra Exploration's investor presentation, May 2026
Slide 1: Continuing a Legacy of Gold & Silver Discovery
Continuing a Legacy of Gold & Silver Discovery INVESTOR PRESENTATION May 2026
Slide 2: Cautionary Statement
ABOUT ASTRA EXPLORATION Cautionary Statement This presentation contains forward-looking statements which reflect the expectations of management regarding the business development objectives and plans of Astra Exploration Inc. “Astra” or the “Company”. All statements, other than statements of histori
Slide 3: Value Proposition: Macro Factors
Overview Value Proposition Macro Factors Precious metals bull market: IF the trend remains intact, pullbacks = opportunity Central banks purchasing gold Governments acknowledging need for precious & critical metals → driving policy Global debt soaring, specifically government debt Investor allocatio
Slide 4: Value Proposition: Astra Exploration Factors
Overview Value Proposition ASTRA EXPLORATION Factors High-grade gold and silver portfolio…….GRADE = MARGIN Industry-recognized team credited with world-class discoveries Tight capital structure with an exceptional shareholder registry Shareholder/management alignment Catalyst events: Ongoing drillin
Slide 5: Capital Structure
ABOUT ASTRA EXPLORATION Share Structure: Capital Issued & Outstanding ~137M Structure Warrants NONE Options 1.6M: February 2027 @ $0.35 ~8.3 M 5.8M December 2029 @ $0.13 Strategic Investors Include: 0.7M Janurary 2031 @ $0.58 • Michael Gentile, CFA (Bastion Asset Management) 0.2M May 2031 @ $0.20 •
Slide 6: Astra Exploration Directors & Advisors
ABOUT ASTRA EXPLORATION Astra Exploration Directors & Advisors BRIAN DAVID DARCY CHARLES MILLER CAULFIELD MARUD FUNK CEO & Director Advisor Independent Director Independent Director Brian began working in Over 35 years of experience in Led exploration teams involved in Charles has over 13 years of e
Slide 7: Astra Exploration Management
ABOUT ASTRA EXPLORATION Astra Exploration Management MAHESH DIEGO ROBERTO ALARCON KATRINA LIYANAGE GUIDO BITTNER DAMOUNI CFO Exploration Director VP & Country Manager, Corporate Development Chile & Argentina Mahesh is a Chartered Professional Diego is a globally-recognized Mr. Alarcon has over 30 ye
Slide 8: Portfolio at a Glance
PORTFOLIO AT A GLANCE Targeting large gold-silver deposits Building a pipeline of company-making opportunities in Pampa Paciencia Argentina and Chile Antofagasta Don Mario ● La Manchuria: Bonanza grade gold & silver – Argentina Legend Santiago Buenos Aires *Phase III drill program of ~5,000m (minimu
Slide 9: Share Price Performance
ABOUT ASTRA EXPLORATION Share Price Performance As of Apr 29, 2026 Key Statistics: • 52 week range: $0.16 - $0.90 • Average TSXV Volume: ~225,000 • Average OTC Volume: ~175,000 ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 9
Slide 10: Why Gold & Silver in Argentina: Deseado Massif
WHY GOLD & SILVER IN ARGENTINA Deseado Massif Epithermal Gold & Silver Mining friendly province of Santa Cruz Host to world-class Cerro Negro (Newmont) and Cerro Vanguardia (AngloGold) mines Multiple nearby mining operations ASTRA EXPLORATION La Manchuria Availability of skilled labor Leads Argentin
Slide 11: Risk/reward can be exceptional!
WHY GOLD & SILVER IN ARGENTINA Deseado Massif Risk/reward can be exceptional! Epithermal *Noteworthy M&A in Deseado Massif during last gold cycle* Gold & Silver Analogue deposits with geological similarities Cerro Negro-type “feeder” system potential Relatively young exploration jurisdiction Investm
Slide 12: Disseminated (bulk-tonnage) epithermal system
WHY GOLD & SILVER IN ARGENTINA Deseado Massif Risk/reward can be exceptional! Epithermal *Noteworthy M&A in Deseado Massif during last gold cycle* Gold & Silver Disseminated (bulk-tonnage) Dense system of narrow veins/veinlets Dense system of 10-50cm veinlets at this level in La Manchuria system AST
Slide 13: Convergence of veinlets
WHY GOLD & SILVER IN ARGENTINA Deseado Massif Risk/reward can be exceptional! Epithermal *Noteworthy M&A in Deseado Massif during last gold cycle* Gold & Silver Convergence Coalescing of veinlets into thicker structures Veinlets converging into 1-2m thick veins at this level in La Manchuria system A
Slide 14: Feeder Zones
WHY GOLD & SILVER IN ARGENTINA Deseado Massif Risk/reward can be exceptional! Epithermal *Noteworthy M&A in Deseado Massif during last gold cycle* Gold & Silver “Feeder Zones” Coalescing of veins into thick, high-grade structures This level has never been explored at the La Manchuria Project ASTRA E
Slide 15: Open, Bonanza-Grade Gold & Silver Intercepts
LA MANCHURIA La Manchuria Project Open, Bonanza-Grade Gold & Silver Intercepts Best results at Main Zone include: 20.5m at 10.4 g/t gold + 810 g/t silver 1.60m at 257 g/t gold + 4,237 g/t silver 4.00m at 26.3 g/t gold + 3,156 g/t silver Post-Mineral 2.00m at 52.6 g/t gold + 3,274 g/t silver Volcanic
Slide 16: Near-Surface Deposit Open in All Directions
LA MANCHURIA La Manchuria Project Near-Surface Fault A Deposit Open in All Directions Fault E NOVEMBER 2024 Two parallel zones identified Open along strike to SE Additional expansion uncertain ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 16
Slide 17: Near-Surface Deposit Open in All Directions
LA MANCHURIA La Manchuria Project Near-Surface Fault A Deposit Open in All Directions Fault E NOVEMBER 2024 Two parallel zones identified Open along strike to SE 350 m Additional expansion uncertain ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 17
Slide 18: Near-Surface Deposit Open in All Directions
LA MANCHURIA La Manchuria Project Near-Surface Fault A Deposit Open in All Directions Fault E NOVEMBER 2024 Two parallel zones identified Open along strike to SE 550 m Additional expansion uncertain ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 18
Slide 19: Near-Surface Deposit Open in All Directions
LA MANCHURIA La Manchuria Project Near-Surface Deposit Open in All Directions FEBRUARY 2025 Two parallel zones identified Open along strike to SE & NW Additional expansion uncertain ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 19
Slide 20: Near-Surface Deposit Open in All Directions
LA MANCHURIA La Manchuria Project Near-Surface Deposit Open in All Directions AUGUST 2025 Two parallel zones identified Open along strike to SE & NW Open laterally ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 20
Slide 21: Near-Surface Deposit Open in All Directions
LA MANCHURIA La Manchuria Project Near-Surface Deposit Open in All Directions MAY 2026 Four parallel zones identified Open along strike to SE & NW Open laterally OPEN AT DEPTH ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 21
Slide 22: Near-Surface Deposit Open in All Directions
LA MANCHURIA La Manchuria Project Near-Surface Deposit Open in All Directions MAY 2026 1.2 km Four parallel zones identified Open along strike to SE & NW Open laterally OPEN AT DEPTH ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 22
Slide 23: Near-Surface Deposit Open in All Directions
LA MANCHURIA La Manchuria Project ?? m Near-Surface Deposit Open in All Directions MAY 2026 Four parallel zones identified Open along strike to SE & NW Open laterally OPEN AT DEPTH ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 23
Slide 24: Near-Surface Deposit Open in All Directions
LA MANCHURIA La Manchuria Project Near-Surface Deposit Open in All Directions MAY 2026 LMD-128: From 24.5m 6.3m @3.32g/t Au + 837g/t Ag Four parallel zones identified Incl: 1m @6.07g/t Au + 1,209g/t Ag Incl: 1m @11.45g/t Au + 3,309g/t Ag Open along strike to SE & NW Open laterally OPEN AT DEPTH ?? m
Slide 25: Near-Surface Deposit Open in All Directions
LA MANCHURIA La Manchuria Project Near-Surface Deposit Open in All Directions 200 m MAY 2026 Four parallel zones identified Open along strike to SE & NW Open laterally OPEN AT DEPTH ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 25
Slide 26: Near-Surface Deposit Open in All Directions
LA MANCHURIA La Manchuria Project Near-Surface Deposit Open in All Directions MAY 2026 Four parallel zones identified Open along strike to SE & NW 750 m Open laterally OPEN AT DEPTH ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 26
Slide 27: May 2026 Drill Highlight Summary
LA MANCHURIA 2.3m @ 1.46 Au + 500 Ag Incl: 0.5m @ 6.23 Au + 2,197 Ag La Manchuria Project Near-Surface 3m @ 0.95 Au + 264 Ag Deposit Open in 1m @ 2.04 Au + 541 Ag 4.4m @ 11.8 Au + 2,781 Ag Incl: 1.4m @ 35.3 Au + 8,356 Ag All Directions 4m @ 7.57 Au + 0.5 Ag MAY 2026 – DRILL HIGHLIGHT SUMMARY 3.1m @
Slide 28: La Manchuria: Uplifted block within A & E Faults
LA MANCHURIA La Manchuria Uplifted block within A & E Faults Epithermal Deepest system drilling to date Gold & Silver 750 m ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 28
Slide 29: La Manchuria: Downthrown blocks to northwest and southeast
LA MANCHURIA La Manchuria Downthrown blocks to northwest and southeast Epithermal Interpreted to represent higher system levels Gold & Silver 750 m ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 29
Slide 30: La Manchuria: Downthrown blocks to northwest and southeast
LA MANCHURIA La Manchuria Downthrown blocks to northwest and southeast Epithermal Interpreted to represent higher system levels Gold & Silver 750 m ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 30
Slide 31: Near-Surface Deposit Open in All Directions
LA MANCHURIA La Manchuria Project Near-Surface Deposit Open in All Directions Cross-Section View SW-NE (dark dotted) Exploring for high-grade feeders Looking for veins to converge at depth ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 31
Slide 32: La Manchuria Overview
Overview La Manchuria Epithermal Gold & Silver ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 32
Slide 33: La Manchuria: Convergence
Overview La Manchuria Epithermal Gold & Silver ~180m CONVERGENCE ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 33
Slide 34: La Manchuria: Convergence
Overview La Manchuria Epithermal Gold & Silver ~180m CONVERGENCE ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 34
Slide 35: Why Gold in Chile: Paleocene Belt of Northern Chile
ASTRA EXPLORATION N WHY GOLD IN CHILE Pampa Paciencia Paleocene Belt of Spence Northern Chile Faride Sierra Gorda Lomas Bayas Legend Antofagasta Chile: A Tier 1 Mining Jurisdiction San Paleocene Cristóbal epithermal ● World’s largest copper producer Paleocene porphyry Cu ● 2022 gold production ~ 1 M
Slide 36: Pampa Paciencia District
ASTRA ASTRA EXPLORATION EXPLORATION Pampa Paciencia ASTRA EXPLORATION N PAMPA PACIENCIA Dominador ASTRA EXPLORATION Dominador Pampa Paciencia District- Epithermal Gold-Silver Spence2 10.8Mt Copper 277Mt Spence and Molybdenum Porphyry Copper ASTRA EXPLORATION EXPLORATION ASTRA Impaciencia Impaciencia
Slide 37: Pampa Paciencia: Epithermal Discovery
PAMPA PACIENCIA Epithermal Discovery Exploration Results Prospective area greatly expanded beyond previously known mineralization 8.5 km strike length of vein fields as indicated by large (+25 cm) mineralized float samples Early evidence of a large concealed low-sulphidation epithermal (LSE) system
Slide 38: Pampa Paciencia: Epithermal Discovery
PAMPA PACIENCIA Epithermal Discovery Exploration Results Drilling has focused on a small area (white boundary) Very high correlation between known veins and mag low lineaments Over 4 km of vein coincide with mag lineaments in immediate project area Project area (untested mag lineaments) remains over
Slide 39: Pampa Paciencia: Epithermal Discovery
PAMPA PACIENCIA Epithermal Discovery Exploration Results Geological model successful at discovering concealed veins – 44 of 45 holes intersected vein structures Drilling confirms over 2 km of vein strike length, averaging 10-15 metres estimated true thickness Good consistency of vein thickness and c
Slide 40: Pampa Paciencia: Epithermal Discovery
PAMPA PACIENCIA Epithermal 3 shoots of gold mineralization discovered Discovery Wide mineralized intervals (typically 10-30m) Exploration Results Deepest shoot is open in all directions Notes: AuEq is comprised of Au+Ag and assumes a ratio of 80 based on $1,800/oz Au and $22.50/oz Ag. Reported grade
Slide 41: Pampa Paciencia: Comparison with Faride Mine
PAMPA PACIENCIA Epithermal Mineralization and geology similar to Faride Mine Discovery Paciencia veins are ~4x thicker than average at Faride Exploration Results Deepest known hole at Faride is ~200m below surface Notes: AuEq is comprised of Au+Ag and assumes a ratio of 80 based on $1,800/oz Au and
Slide 42: Comparisons with The El Peñón mine
PAMPA PACIENCIA Comparisons with The El Peñón mine Note: Similarities with other deposits are referenced for geological context only and do not imply or guarantee the same or similar mineral content or economic value. El Peñón Discovery* NOV 1992 Both occur within the well-defined Discovery float sa
Slide 43: El Peñón Deposit Characteristics
PAMPA PACIENCIA El Peñón mine Deposit Characteristics Note: Similarities with other deposits are referenced for geological context only and do not imply or guarantee the same or similar mineral content or economic value. COMPARISON El Peñón veins can be very Pampa Paciencia thin and subtle at surfac
Slide 44: El Peñón Deposit Characteristics
PAMPA PACIENCIA El Peñón mine Deposit Characteristics Source: Yamana Gold 2018 Tech Report Source: Yamana Gold 2017 Site Visit Presentation Surface expressions Ongoing, drill focused, Veins can be obscured by of veins is poor exploration continues to young pampa cover (eg discover additional veins M
Slide 45: Dominador Copper Target
PAMPA PACIENCIA Hydrothermal tourmaline breccia w/ porphyry clasts at surface Dominador Geological and mineralization similarities to Sierra Gorda Copper Target ~2km x 1km corridor = room for large deposit Dominador Sierra Gorda ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 45
Slide 46: Dominador Copper Target
PAMPA PACIENCIA Previous work includes ground mag, IP, trenching & drilling Dominador IP performed after 8 shallow drill holes by Teck Copper Target Best target remains to the east and at depth ASTRA EXPLORATION (TSX.V: ASTR) (OTCQB: ATEPF) (FSE: S3I) 46
Slide 47: Don Mario: HSE-Porphyry Gold Project in Elephant Country
DON MARIO - NORTHERN CHILE Don Mario: HSE-Porphyry Gold Project in “Elephant Country” Situated among several noteworthy deposits in the world-class Maricunga trend Large underexplored 8x6 km property in the Maricunga – 100% owned by Astra Limited drilling in 1990 (8 holes, 1660m) into a very discret
Slide 48: Contact Information
+1-604-428-0939 info@astra-exploration.com Astra-Exploration.com 595 Burrard Street, Suite 1723 Vancouver, British Columbia V7X 1J1