Element 29 Resources, Inc. · TSXV:ECU

Element 29 Resources — Investor Presentation (March 2025)

25 slides from Element 29 Resources's investor presentation, March 2025

  1. Slide 1: Advancing Copper Assets in Peru

    ADVANCING COPPER ASSETS IN PERU CORPORATE PRESENTATION TSX-V: ECU OTCQB: EMTRF BVL: ECU MARCH 2025

  2. Slide 2: Forward-Looking and Cautionary Statements

    Forward-Looking and Cautionary Statements Certain statements in this presentation constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking information relates to future events, future performance and statements that are not historical facts. Forward-

  3. Slide 3: Our Company

    Our Company COPPER FOCUSED PROVEN MINING EXPERIENCED TEAM RESOURCE GROWTH CATALYSTS Part of the Critical Minerals JURISDICTION Peru operating Building on established Discovery and resource Value Chain for the Global Peru is 2nd largest copper experience resources expansion potential Green Energy Tra

  4. Slide 4: Capital Structure

    Capital Structure Capital Structure – February 2025 Supportive strategic partners Insiders aligned with shareholders Shares Issued 124.10 million Fully Diluted 167.29 million 6% Options 10.39 million 10% Total Warrants 31.60 million • 18.5 million warrants (Sep 2025, $0.25) 7% • 13.1 million warrant

  5. Slide 5: Board and Management

    Board and Management • Geoscientist and junior mining executive with over 25 years experience. Richard Osmond • Involved in discoveries at Vale's Voisey's Bay Ni-Cu-Co mine and Glencore’s Raglan Ni-Cu-PGM mine. Director, CEO (P.Geo., ICD.D) • Senior technical lead with Anglo American responsible for

  6. Slide 6: Peru: Proven Mining Jurisdiction

    Peru: Proven Mining Jurisdiction PEDIGREE: • Four (4) Cu projects for 25,000 ha of title concessions. • World Class Mining Jurisdiction - 2nd largest copper producer globally (2.5 Mtpa). MINING FRIENDLY: Yanacocha • Mining comprises over 60% of Peru’s exports and approximately 10% of GDP. • Low-cost

  7. Slide 7: Elida Project

    ELIDA PROJECT PORPHYRY CU-MO-AG DEPOSIT 7

  8. Slide 8: Elida Project

    Elida Project LOCATION ADVANTAGES LOWER ELEVATION (~1,600 M) TRANSPORTATION ROUTES ANTAMINA ELECTRICAL GRID PORTS – CHANCAY MEGA PORT – 100 KM S BARRANCA HYDROELECTRIC STATION (45 MW) HUACHO SKILLED WORKFORCE CHANCAY CALLAO 8

  9. Slide 9: Elida Copper Project Highlights

    (Isometric View – Looking NE) Elida Copper Project INFERRED MINERAL RESOURCE ESTIMATE Highlights: • Initial Mineral Resource Estimates1: • Pit-constrained 321.7 million inferred tonnes at 0.32% Cu, 0.03% Mo, 2.61 g/t Ag delineated in Zone 1 using a 0.74:1 strip ratio and 0.20% Cu cut-off grade based

  10. Slide 10: Elida Copper Project: 2024 Drill Program Results

    (Isometric View – Looking NE) Elida Copper Project 2024 DRILL PROGRAM RESULTS (Isometric View – Looking NE) 2024 Drill Program Objectives: • Infill gaps within the pit-constrained initial mineral resource model to potentially increase the overall Cu-Mo-Ag grades. • Continue drill holes outside the c

  11. Slide 11: Copper Project Pipeline

    COPPER PROJECT PIPELINE PORPHYRY CU-MO (AU-AG SKARN) TARGETS 11

  12. Slide 12: Copper Project Pipeline

    Copper Project Pipeline EXTENSION OF THE TERTIARY ARC - NORTH LOWER ELEVATION (~3000 M) TRANSPORTATION ROUTES ELECTRICAL GRID PORTS MINING SERVICES SKILLED WORKFORCE 12

  13. Slide 13: Flor de Cobre Project

    Flor de Cobre Project EXPLORATION PROSPECT ATRAVESADO PORPHYRY CU-MO PROSPECT • Geophysical response coincides with anomalous Cu geochemistry, potassic alteration, and A-type quartz veining. • Historical drilling by Anglo American drilled near the edge of the main target area. • Target is just 1.5 k

  14. Slide 14: Paka

    Paka Photo-1 Skarn Exposure PORPHYRY CU-(AU-AG-ZN) SKARN 0.65% Cu (mean, n=58) Cumax= 4% • Skarn outcrops (450 x 250m) that continues to the northwest under post-mineral volcanic cover. • 4.3 x 1.3 km porphyry skarn related hydrothermal alteration footprint. • Paleocene age mineralization based on f

  15. Slide 15: Pahuay

    Pahuay PORPHYRY CU-(MO-AG) SKARN • Upper potassic zone exposed leaving potential for fully preserved porphyry skarn system at depth. • 2.8 x 1.7 km porphyry-related hydrothermal alteration footprint, not drill tested. • Upper Cretaceous host rocks constrains mineralization A vein stockwork age to Pa

  16. Slide 16: Sustainability

    Sustainability • Sustainability encompasses best practices in ethical conduct, health-safety-security, environmental management, community engagement, and human rights. Monitoring baseline water quality and minimizing our environmental footprint by recycling waste and protecting our • Best Practices

  17. Slide 17: Summary: Catalyst-Driven 2025 Work Plan

    Catalyst-Driven 2025 Work Plan1 EXPANDING CU RESOURCES • Elida Phase III drill program to continue – Q2, 2025. • AMT geophysical survey at Elida – Q2, 2025. • Metallurgical test work at Elida – Q2, 2025. • Flor de Cobre Atravesado target drilling – Q4, 2025 (tentative). • Drill permit at Paka – Q3,

  18. Slide 18: Contact

    Contact RICHARD OSMOND President & CEO 1-604-805-0314 rosmond@e29copper.com www.e29copper.com – Follow us Twitter – Connect with us on LinkedIn – Watch us on YouTube

  19. Slide 19: Appendix A: Elida 2024 Drill Program

    Appendix A: ELIDA 2024 DRILL PROGRAM

  20. Slide 20: Elida Copper Project: Exploration Potential

    Elida Copper Project EXPLORATION POTENTIAL – FALL 2024 DRILL PROGRAM • ZONE 1: • Initial Inferred Mineral Resource Estimate. P-04 • Continue to improve grade and expand resources. • ZONE 2: • Intense phyllic alteration. • Higher level of erosion compared to ZONE 1. P-04 • Calcareous Sediments to Wes

  21. Slide 21: Elida Copper Project: Exploration Potential, Fall 2024 Drill Program

    (Isometric View – Looking NE) Elida Copper Project LEGEND Cu%1 / CuEq2 EXPLORATION POTENTIAL – FALL 2024 DRILL PROGRAM Fall 2024 drill program: • Infill gaps within the pit-constrained initial mineral resource model to potentially increase the overall Cu-Mo-Ag grades. • Continue drill holes outside

  22. Slide 22: Elida Copper Project: 2024 Drill Program Results

    Elida Copper Project 2024 DRILL PROGRAM RESULTS (Isometric View – Looking NE) 2024 Drill Program Objectives: • Infill gaps within the pit-constrained initial mineral resource model to potentially increase the overall Cu-Mo-Ag grades. • Continue drill holes outside the current pit-shell to depths of

  23. Slide 23: ELID032 4 (404.5 m @ 0.45% Cu)

    ELID0324 (404.5 m @ 0.45% Cu, 0.032% Mo, 3.6 g/t Ag) Notes: 1. (1) Mineral Resource Estimate information is available in “NI 43-101 Technical Report, Mineral Resource Estimation of the Elida Porphyry Copper Project in Peru” dated September 20, 2022, and prepared in accordance with Form 43-101F1 by M

  24. Slide 24: ELID032 4 (404.5 m @ 0.45% Cu)

    Notes: 1. (1) Mineral Resource Estimate information is available in “NI 43-101 Technical Report, Mineral Resource Estimation of the Elida Porphyry Copper Project in Peru” dated September 20, 2022, and prepared in ELID0324 accordance with Form 43-101F1 by Marc Jutras, P.Eng., M.A.Sc., Ginto (404.5 m

  25. Slide 25: Elida Copper Project: CuEq Grade Distribution

    Elida Copper Project CuEq grade distribution. Distribution of CuEq2 grades: • ELID033 extended the CuEq2 to a vertical depth of greater than 1000 m from surface as well as 400 m to the west of ELID025. • The Cu-Mo-Ag mineralization is open at depth and to along strike. ELID0324 (404.5 m @ 0.45% Cu,

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