Carlton Precious Inc · TSXV:CPI
Carlton Precious — Investor Presentation (May 2025)
25 slides from Carlton Precious's investor presentation, May 2025
Slide 1: Corporate Presentation
Corporate Presentation May 2025 December 2024 www.carltonprecious.com TSXV: CPI 1
Slide 2: Current Capital Structure
Carlton Precious Inc. Current Capital Structure TSX Venture Symbol : CPI CAPITAL STRUCTURE Issued Common Shares 68,243,068 Warrants 1,877,499 Options 5,395,000 Fully Diluted 75,515,567 Institutional Holdings 18.6% Insider Holdings 33.0% Panaroma of the Esquilache Cordillera
Slide 3: Forward Looking Statements
Carlton Precious Inc. Forward Looking Statements Information set forth in this presentation contains forward-looking statements that are based on assumptions as of the date of this presentation. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are n
Slide 4: Silver – The Green Metal
Carlton Precious Inc. Silver – The Green Metal DEMAND The 2024 Numbers - Due to leading conductive properties has become an industry mainstay metal component needed from Global Silver phones to high tech circuit boards in EV cars. Demand = 1219.3 ounces - Industry uses are growing from photovoltaic
Slide 5: The Esquilache Silver Project flagship
Carlton Precious Inc. The Esquilache Silver Project flagship Large Primary Silver Deposit Located In Southern Peru Silver District Historical Hochschild Mining Operation in The 1960’s Detailed Engineering and Metallurgy Studies Completed Silver Mineralization Starts At Surface and Open Below Drillin
Slide 6: Other Assets We Own – Gold & Silver & Copper
Carlton Precious Inc. Other Assets We Own – Gold & Silver & Copper 35% 100% 100% 31% 100% 100% Fosterville East Mathinna & Yandoit Gold Dunfee Gold Copper Hills Gold Athena Gold Gold Project Lefroy Gold Complex Project Nevada Project New Corporation Australia Australia Australia USA Mexico USA Athen
Slide 7: Location
Carlton Precious Inc. Location Corani Constancia Colombia San Rafael Ecuador Orcopampa Bolivia ESQUILACHE Juliaca PERU (CPI) Lake Puno Titicaca El Triunfo Yanacocha San Gabriel Arequipa Alto Chicama Aruntani La Paz Brazil Antamina Tia Maria Matarani Port Pacific Ocean Cerro De Pasco Moquegua Lima Pu
Slide 8: Esquilache Regional Geological Context
Carlton Precious Inc. Esquilache Regional Geological Context
Slide 9: Corridors of Mineralization
Carlton Precious Inc. Corridors of Mineralization Project Esquilache
Slide 10: Geology
Carlton Precious Inc. Geology ▪ Horsetail high grade veins exposed at surface suggest open pit along with underground operations ▪ Historic studies show possibility to produce silver- lead concentrate, silver-zinc concentrate and copper- North Zone : gold concentrate Creston Target ▪ Numerous additi
Slide 11: Panaroma of the Project Area
Carlton Precious Inc. Panaroma of the Project Area Accessible by road and connected to the state power grid. TSXV : CPI
Slide 12: Historical Plant Site – 1950's
Carlton Precious Inc. Historical Plant Site – 1950’S Below: old dumps grading 4 ounces Ag g/t and showing recent Goldfield’s concrete foundations and clearings
Slide 13: Esquilache Silver Project
Carlton Precious Inc. Esquilache Silver Project The 2013 Mine Building Proposal Detailed Engineering and Metallurgy Studies Completed by prior TSXV listed junior developer. More than ~50,000 tonnes of old dumps and tailings exist at Esquilache Power Substation Actual Power Line Tailing 01 Tailing 02
Slide 14: Esquilache Geophysical Anomalies
Esquilache Geophysical Anomalies Chargeability - Strong chargeability response needs to be drill tested to depth. - Continuity and shape edge definition are key - Correlates well with Mamacocha & Creston high grade zones and sampled surface mineralization. - Resistivity plots map possible buried ins
Slide 15: Mamacocha zone – Isovalores Gold Map
Mamacocha zone – Isovalores Gold Map
Slide 16: Esquilache Porphyry Potential at Depth
Carlton Precious Inc. Esquilache Porphyry Potential at Depth ▪ Project Has Seen Only Shallow Drilling ▪ Esquilache was Gravity & Grade Mine - Shutdown In Late 1960 Geological Cross Section - Esquilache Zones Of High-Grade Gold Porphyry Potential Just Below The Stockwork and some Cu Are Common At Sys
Slide 17: Esquilache Silver Project
Carlton Precious Inc. Esquilache Silver Project Prior Drilling by Previous Operator is Very Encouraging
Slide 18: Esquilache Deposit Modelling and Adit plus Conceptual Pit
Carlton Precious Inc. Esquilache Deposit Modelling and Adit plus Conceptual Pit (design)
Slide 19: Looking Westward at the Historic Selpaveda Mine Area
Carlton Precious Inc. LOOKING WESTWARD AT THE HISTORIC SELPAVEDA MINE AREA OPEN TARGET AREA LEGEND Trench Drillhole 2014 Intercepts Colonial Workings Hochschild Drifts Hochschild Stopes TSXV : CPI
Slide 20: Esquilache Business Plan
Carlton Precious Inc. Esquilache Business Plan Focus on Updating 2013 Engineering and Add Mine Permits Social/Government Permits Engineering Geology Government Permits Mining Brownfield - Initially, project will use - Simple Mining and Stoping - Initial 6,000m drill program formalization mining law
Slide 21: Dunfee Gold Project – Nevada
Carlton Precious Inc. Dunfee Gold Project Nevada • Located in Gold Point District, Reno Esmeralda County, Nevada • 22 unpatented claims north of Hawthorne AngloGold’s Silicon Project Tonopah • Along US Highway 95 between Goldfields Tonopah and Beatty Borealis Beatty • Early-stage asset in a growing
Slide 22: Dunfee Gold Project – Promising Location
Carlton Precious Inc. Dunfee Gold Project – Promising Location • On July 15, 2025, AngloGold Ashanti announced the acquisition of Augusta Gold Corp for C$1.70/share, a 32% premium to Augusta's 20-day VWAP. • Transaction valued at ~C$78 million (US$57 million), payable in cash. • Augusta’s key assets
Slide 23: Dunfee Gold Project – Project Map
Carlton Precious Inc. Dunfee Gold Project – Project Map • Despite its location in a district known for historic production, Dunfee has never been tested by modern drilling. • Historic shafts and prospect pits trace over 1 km of gold- bearing quartz veins, with surface and dump material grading: Up t
Slide 24: The CPI Team
Carlton Precious Inc. The CPI Team Marc Henderson Martin Walter Chairman Director & CEO 30 years experience in the mining sector 20 years of geological experience on precious metal developing numerous Companies including projects worldwide and as CEO of public junior Aquiline Resources, Treasury Met
Slide 25: Carlton Precious Inc.
Carlton Precious Inc. Head Office: Exchange Tower, 130 King St W, Toronto Contact: Info@carltonprecious.com www.carltonprecious.com TSXV: CPI