Abasca Resources Inc. · TSXV:ABA
Abasca Resources — Investor Presentation (November 2025)
22 slides from Abasca Resources's investor presentation, November 2025
Slide 1: Advancement of The Loki Flake Graphite Deposit
TSXV: ABA Advancement of The Loki Flake Graphite Deposit Key Lake South Project November 2025
Slide 2: Forward Looking Statement
Forward Looking Statement This presentation is for information purposes only and does not constitute an offer to sell or solicitation to buy any securities. This presentation may contain certain forward-looking information (“forward-looking information”) within the meaning of applicable Canadian sec
Slide 3: Leadership – Management Team
Leadership – Management Team Abasca Resources Inc. (Abasca) aims to provide shareholder value through responsible exploration, Our Mission discovery, and development of environmentally and economically viable critical mineral deposits. Dawn Zhou | Founder, Director, President & CEO | M.Sc. Geology,
Slide 4: Leadership – Board of Directors
Leadership – Board of Directors Dave Billard | Independent Director, Chairman of the Board | B.Sc. Geology, P.Geo President and owner of Cypress Geoservices Ltd., a geological consulting firm based in Saskatoon, since 1999. Dave possesses over 35 years of mineral exploration and development experien
Slide 5: Regional Context
Regional Context Mudjatik ▪ Along the boundary of the Wollaston and Mudjatik Domains Wollaston Athabasca Basin ▪ Along regional deposit-hosting structural zone ▪ Extensive graphitic corridors Key Lake South TSXV: ABA Information, data, and images embodied in this presentation are based on informatio
Slide 6: Key Lake South Project
Key Lake South Project Existing Infrastructure Loki Flake ▪ Highway 914 passes through project Graphite Deposit ▪ 15 km south of Key Lake Facilities with power and communications ▪ Accessible water sources Project highlights ▪ 23,977 Ha ▪ > 50 km conductors ▪ Favorable geological setting for hydroth
Slide 7: Graphite Uses – more than just pencils
Graphite Uses – more than just pencils Batteries: ▪ Global demand for graphite is surging, driven by the clean energy transition ▪ Electric vehicles: Graphite is the dominant anode material in lithium-ion batteries, making it essential for EV growth ▪ Energy storage: Key to large-scale systems that
Slide 8: Graphite Uses – Batteries Driving Demand
Graphite Uses – Batteries Driving Demand Application Amount Electric Vehicle 50 – 100 kg Home Solar Power Storage 10 – 30 kg E-Bike 1 – 2 kg Power Tool 20 – 30 g Laptop 10 – 20 g Household Electronics 5 – 10 g Smartphone ~2g 2H Pencil 0.5 – 1 g Source: ECGA, BatteryTips, Bosch. TSXV: ABA Information
Slide 9: Increasing Graphite Demand
Increasing Graphite Demand Material Composition of a Li-ion Battery, by weight 45 % 16% Graphite 36% Other (Electrolytes, binders, plastics, separators) 7% Lithium 7% Cobalt 4% Nickel 10 % 5% Manganese 10% Copper 15% Aluminum Sources: USGS Mineral Commodity Summaries 2023. IEA Critical Minerals Mark
Slide 10: Graphite Production
Graphite Production North American Production Active graphite mines: 1 Anode ▪ Lac des Iles, QC (Northern Graphite) manufacturing ▪ 4 kt – 16.2 kt per year production (2019 – 2023) ▪ Previous year accounts for ~0.3% global natural graphite production ▪ Current remaining resource: 213,000 t at 6.4 %
Slide 11: Loki Flake Graphite Deposit: A Brief History
Loki Flake Graphite Deposit: A Brief History Milestones up to 2024 ▪ 2016: Shallow 2 km trend discovered during uranium exploration ▪ 2023: Samples reanalysed for graphite Loki Flake Graphite Deposit ▪ 2024: First delineation program and resample 2016 core 22.2 % Cg KS-CC16-12: Box 4 – 6 | 86.6 – 10
Slide 12: 2024 Review
Loki Flake Graphite Deposit: 2024 Review Objective: Define depth extent and continuity to support inferred resource ▪ 5,500 m drilled over 20 holes TSXV: ABA Information, data, and images embodied in this presentation are based on information currently available to Abasca Resources Inc. and any forw
Slide 13: Maiden Resource
Loki Flake Graphite Deposit: Maiden Resource Contained Cut-off Grade Tonnage Grade Category Graphite (% Cg) (Mt) (% Cg) (Mt) Inferred 2.78 11.31 7.65 0.86 1. The reporting standard for the Mineral Resource Estimate uses the terminology, definitions and guidelines given in the Canadian Institute of M
Slide 14: 2025 Milestones
Loki Flake Graphite Deposit: 2025 Milestones ▪ Initial pit-constrained inferred MRE of 11.31 Mt at 7.65 % Cg ▪ Winter drill program ▪ Extension of the Loki Deposit ▪ Test parallel target: Thor Zone ▪ Summer drill program ▪ In-fill at indicated and measured spacing ▪ Geotechnical and Hydrogeological
Slide 15: 2025 Winter Program
Loki Flake Graphite Deposit: 2025 Winter Program Winter 2025 Highlights ▪ 5,925 m over 23 holes ▪ Expanded strike extent ▪ NW: 300 m ▪ SE: 400 m Assay Highlights ▪ KLS-25-058: 30 m @10.64 % Cg ▪ KLS-25-060: 34 m @ 9.02 % Cg ▪ KLS-25-066: 26 m @ 8.53 % Cg Impact ▪ Doubled strike-extent of resource TS
Slide 16: 2025 Summer Activities
Loki Flake Graphite Deposit: 2025 Summer Activities Summer 2025 Highlights ▪ 6,690 m over 35 holes ▪ Focused on in-fill drilling to support updated MRE ▪ Geotechnical and water monitoring TSXV: ABA Information, data, and images embodied in this presentation are based on information currently availab
Slide 17: Thor Zone
Loki Flake Graphite Deposit: Thor Zone Thor Zone Highlights – 2024 Discovery ▪ 1,341 m over 3 holes ▪ KLS-24-042: 10 m @ 6.42 % Cg ▪ KLS-24-046: 27 m @ 8.91 % Cg ▪ KLS-25-072: 122 m of graphite mineralization over 3 zones 042 072 10 m @ 6.42 % Cg 046 TSXV: ABA Information, data, and images embodied
Slide 18: 2026 Work Plan
Loki Flake Graphite Deposit: 2026 Work Plan† ▪ Complete preliminary open-pit mining design ▪ Conduct winter drilling program of ~5,000 metres ▪ Confirm the expansion of Loki Deposit toward the SE ▪ Evaluate the mineralization and extents of the Thor Zone ▪ Additional geotechnical and hydrogeological
Slide 19: 2026 Preliminary Budget and Financing Schedule
2026 Preliminary Budget and Financing Schedule† 2025 Summer drilling analytical cost $500,000 2026 Winter resource and exploration drilling: ~5,000 metres (all in) $2,500,000 2026 Geotechnical drilling and hydrogeological studies $500,000 Update NI 43-101 Technical Report and Mineral Resource Estima
Slide 20: Roadmap to Production
Loki Flake Graphite Deposit: Roadmap to Production† 2027 Continue PFS and EIA Carry out bulk sampling Construct processing pilot plant Enter Feasibility Study (FS) 2028 Complete FS and EIA Retain mine engineering consulting Procurement of equipment 2029 Construction Commence operations 2030 Ramp-up
Slide 21: Capital Structure
Capital Structure † Shares Issued 119,744,512 Options 6,550,000 Warrants 25,941,074 Fully Diluted 152,208,586 Cash $1,700,000 Ownership Management and Directors 11 % Associated Corporations 64 % Retail 25 % † As of October 31, 2025 TSXV: ABA Information, data, and images embodied in this presentatio
Slide 22: Contact
#208Contact – 311 4th Avenue N Saskatoon, SK S7K 2L8 TSXV: ABA info@abasca.ca
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