Vulcan Minerals Inc. · TSXV:VUL

Vulcan Minerals — Investor Presentation (March 2024)

27 slides from Vulcan Minerals's investor presentation, March 2024

  1. Slide 1: Vulcan Minerals Overview

    VULCON mine¢rats inc TSX V:VUL Vulcan Minerals Overview

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements This presentation may include “forward looking statements”. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding exploration results, future plans, and objectives of Vulcan Minerals Inc. are forward l

  3. Slide 3: Vulcan Minerals

    Vulcan Minerals Vulcan Minerals - Listed on TSX:V (VUL) • Gold and base metal exploration and development company focussed on projects in Newfoundland and Labrador, Canada Atlas Salt - Listed on TSX:V (SALT) • Industrial minerals company • Currently developing Great Atlantic Salt Deposit in Western

  4. Slide 4: Project Location

    La . . [ses re Project Location TSX V:VUL VULCoOnN mingrats inc TSX V:VUL

  5. Slide 5: Red Cross Lake

    Red Cross Lake Red Cross Lake offsets Calibre’s gold mine development and contains a gabbro- troctolite that has potential for Ni-Cu- Co

  6. Slide 6: Red Cross - Favorable Structural Setting

    Red Cross - Favorable Structural Setting

  7. Slide 7: Red Cross – Ni Soil and Magnetic Anomaly

    Red Cross – Ni Soil and Magnetic Anomaly

  8. Slide 8: Red Cross – Ni Soil and EM Anomaly

    Red Cross – Ni Soil and EM Anomaly

  9. Slide 9: Red Cross – Au Soil and Magnetic Anomaly

    Red Cross – Au Soil and Magnetic Anomaly _ ^

  10. Slide 10: Red Cross – Au Soil and EM Anomaly

    Red Cross – Au Soil and EM Anomaly _ ^

  11. Slide 11: Regional Lake sed Au anomaly extends into claim block

    Regional Lake sed Au anomaly extends into claim block

  12. Slide 12: Gabbro-Troctolite Dilational Intrusive

    Gabbro-Troctolite Dilational Intrusive

  13. Slide 13: Magmatic Nickel Emplacement Model

    Magmatic Nickel Emplacement Model • Primitive (Ni-Mg enriched) Lower Series melt sheets emplaced along structures • Magma contaminated by country rocks (external sulfur) relatively early • Sulfide saturation reached –immiscible melt locally forms sulfide accumulations, some which are transported up-

  14. Slide 14: Nickel Potential - High Flow Dynamics

    Nickel Potential - High Flow Dynamics • Sulfide globules/droplets are interpreted as evidence for transportation of immiscible sulfide melts; distinct from interstitial sulfides • Relatively delicate structures do not survive large transport distances and are considered by some to be evidence of lar

  15. Slide 15: Colchester/Springdale Copper and Gold

    Colchester/Springdale Copper and Gold

  16. Slide 16: Colchester / Springdale Geology

    Colchester / Springdale Geology

  17. Slide 17: Colchester/Springdale Vulcan Drilling

    Colchester/Springdale Vulcan Drilling

  18. Slide 18: Colchester/Springdale Vulcan Drilling

    Colchester/Springdale Vulcan Drilling

  19. Slide 19: Colchester/Springdale Historical Drilling

    Colchester/Springdale Historical Drilling

  20. Slide 20: Colchester Historical Copper Results

    Colchester Historical Copper Results Hole-ID Zone From (m) To (m) Length (m) Composited Cu (%) 436-11 McNeilly 86.28 90.83 4.55 4.55 m @ 3.82% • Historical drilling in 3 major 436-16 436-16 Colchester Colchester 142.30 167.94 157.60 178.13 15.30 10.19 15.30 m @ 1.02% 10.19 m @ 1.07% zones between 19

  21. Slide 21: Resource Potential Wide Open

    Resource Potential Wide Open Main Zone Historic Resource 1,000,000 tons at 1.3% copper at 0.85 % cutoff (1967) encompasses only 40% of the area subsequently drilled. Based on 3D digital modelling, internal estimates indicate approximately a 3,000,000 tonne resource (not NI 43 101 compliant) and open

  22. Slide 22: Trenching – IP Survey

    Trenching – IP Survey Trenching & IP • Majority of historic trenches are in-filled • Recent IP survey confirmed known anomalies to a degree never before seen (in 3D and 2D) • Identification of large, 500 m diameter, IP anomaly at Andrew’s Pit Zone, high priority target

  23. Slide 23: Select Colchester Gold Intercepts

    Select Colchester Gold Intercepts Hole-ID Zone From (m) To (m) Length (m) Composited Au (g/t) • Historical drilling in 3 major 3.85 m @ 5.86 g/t CC-03-02 Colchester 76.20 80.05 3.85 2.55 m @ 9.79 g/t zones between 1967 to CC-03-03 Colchester 30.85 33.40 2.55 CC-03-03 Colchester 61.55 62.65 1.10 1.10

  24. Slide 24: Gold Prospects - Springdale

    Gold Prospects - Springdale Numerous under-explored gold showings northeast of Maritime Resources’s Hammerdown gold Mine (currently being revitalized) Burnt Berry Zone has an historic channel sample of 6.6 g/t Au over 7 m (priority prospect)

  25. Slide 25: Voisey’s Bay South Nickel

    Voisey’s Bay South Nickel Voisey’s Bay South – analogous to Voisey’s Bay geology 80 kilometers south of Voisey's Bay mine Voisey’s Bay Mine Reserves (2016): Classification Reserves (Mt) Ni(%) Cu(%) Co(%) Proven 18.4 2.35 1.12 0.13 Probable 15.4 2.02 0.89 0.13 Total 33.8 2.20 1.02 0.13

  26. Slide 26: Voisey’s Bay South Nickel

    aa xnesat? Voisey’s Bay South Nickel ™*vvUt . by KS oo] DIDS gain

  27. Slide 27: Carbonear Property SEDEX Zn-Pb

    Carbonear Property SEDEX Zn-Pb

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