Slide 1: Discovering Mexico's New High-Grade Copper District
Discovering Mexico’s New High-Grade Copper District September 2025
Slide 2: Cautionary Notes and Disclaimer
Cautionary Notes and Disclaimer Forward-looking information and statements This presentation contains certain statements, which may constitute "forward-looking information" under Canadian securities law requirements and "forward looking statements" under applicable securities laws ("forward-looking
Slide 3: Mexico's Exciting Critical Minerals Growth Story
Mexico’s Exciting Critical Minerals Growth Story A New Copper Discovery ▪ The La Huerta Project represents a new copper discovery in the prolific Sierra Madre Belt ▪ Located in the state of Jalisco, nearby to major mining operations and infrastructure ▪ Drill ready targets located across a 11,331 ha
Slide 4: Proven In-Country Management & Board
Proven In-Country Management & Board Jonathan Egilo Glenn Jessome President, CEO & Director Executive Chair & Director Mining and capital markets professional, most recently Director, Equity Securities lawyer with 25 years of resource sector capital markets experience. Research Analyst at a major Ca
Slide 5: La Huerta Project – Jalisco
La Huerta Project – Jalisco A New High-Grade Copper Discovery San Martin (First Majestic Silver) The La Huerta mining district is a new copper discovery in the prolific Sierra Madre Belt and has the potential to establish a large zone of mineralization at depth Los Ricos (GoGold Resources) Prospecti
Slide 6: History of the La Huerta Project
History of the La Huerta Project High Grade Copper Sulphide Dyke 2019-2022 2022 2023-2025 Small scale mining Axo Copper signs Axo Copper at surface along agreement to exploration high-grade copper acquire the La dyke structure Huerta claims ▪ Narrow surface cut only mined to ▪ Two claims acquired fo
Slide 7: High Grade Copper Mineralized Dyke
High Grade Copper Mineralized Dyke ▪ Copper sulphide mineralization (bornite & chalcopyrite) is hosted in intrusive-related dykes through an andesite host rock, with the dykes being traced for ~5km along surface ▪ Mineralization can extend into the andesitic host Las Marias (former rock, creating wi
Slide 8: Initial Area of Focus – 1.3km Mineralized Trend
Initial Area of Focus – 1.3km Mineralized Trend ▪ Largest concentration of drilling thus far has been around Las Marias historic operations ▪ Drilling to date has been relatively shallow with significant potential along strike and at depth ▪ Axo Phase I drilling highlights: ▪ 7.6m @ 7.37% Cu A ▪ 3.7
Slide 9: Below Las Marias showing strong results
Below Las Marias showing strong results Section view (facing NE) A A’ Re-Focused Scale : Part of larger Trend ▪ Drilling below the prior operator’s surface cut continues to find the system and shows good prospectivity at depth ▪ La Huerta trend appears as a steeply dipping body, beginning at surface
Slide 10: Regional mapping finds high grade at surface
Regional mapping finds high grade at surface La Huerta Copper Trend High grade copper (10%+) found at surface in new North-South trending zone, with mineralization in an apparent fault zone. Felsic dyke structure with evidence of an East-West strike trend seeing elevated grades at surface. Sec
Slide 11: Capital Structure
Capital Structure Description Amount Basic Shares Outstanding (mln) 130.3 Options (mln) 3.5 Warrants (mln) (10.5mln @ $0.70; 0.5mln @ $0.40) 11.0 Future share issuances pursuant to La Huerta acquisition (mln) 3.0 DSUs (mln) 1.5 Fully Diluted Shares Outstanding (mln) 149.3 Share Price (C$/share) (as
Slide 12: Contact
CONTACT Jonathan Egilo President, CEO and Director P.O. Box 25056 RPO Clayton Park Halifax, Nova Scotia B3M 4H4 egilo@axocopper.com
Slide 13: Appendix
Appendix J\X
Slide 14: Chasing a Potential Source Below Las Marias
Chasing a Potential Source Below Las Marias Chargeability (IP) at 50m depth Chargeability (IP) intensity increases at 200m depth 14 Source: Derived from Figure 10.3 of Technical Report on the La Huerta Copper Property, Jalisco State, Mexico
Slide 15: Geophysics Suggest Potential for Parallel Targets
Geophysics Suggest Potential for Parallel Targets ▪ IP Section Lines completed North Target Anomaly by Geophysics TMC for Axo Copper Corp. ▪ Geophysics results show potential for strong drill targets to the north (corresponding with surface samples) Las Marias ▪ Results show an anomaly so the southe
Slide 16: Geophysics Suggest Potential for Parallel Targets
Geophysics Suggest Potential for Parallel Targets North target anomaly Las Marias Limestone/Andesite contact 16
Slide 17: IP Below Las Marias
IP Below Las Marias 17
Slide 18: Copper is Critical to Support the Energy Transition Movement
Copper is Critical to Support the Energy Transition Movement Why is Copper Critical? ❖ Copper is an integral material in every clean energy technology (electric vehicles, solar power systems, wind farms etc.) ❖ Copper has the highest conductivity of any nonprecious metal, can be easily shaped for mu
Slide 19: Strong Long-Term Fundamentals of Copper
Strong Long-Term Fundamentals of Copper Kt Refined Copper Supply Copper Demand ❖ Lack of exploration and development in the past decade coupled with global growth in demand for copper is 36,000 setting the stage for a favorable copper market 34,000 ▪ Few new discoveries, lower copper grades at exist
Slide 20: Critical Role in the Future of Clean Energy
Critical Role in the Future of Clean Energy Comparison of Copper Used in Vehicles 2 Electric Vehicles ▪ The EV segment will require an additional 9.6Mt of copper over the next 20 years 1 Conventional Cars, 18-49lbs ▪ EVs are expected to be the largest single sector contributing to the rise in copper