Fitzroy Minerals Inc · TSXV:FTZ

Fitzroy Minerals — Investor Presentation (September 2026)

14 slides from Fitzroy Minerals's investor presentation, September 2026

  1. Slide 1: Fitzroy Minerals - Big Copper in Chile

    TSX-V: FTZ FITZROY MINERALS - BIG COPPER IN CHILE OTCQX: FTZFF DERISKING MILESTONES: ASYMMETRIC RISK PROFILE 23% of Global Cu Mine Supply Mining: 59% of Total Exports (o/w Cu 80%) US$105 B CapEx to 2034 SEPTEMBER 5.3 Mt Cu in 2025 (USGS) 23% Corporation Tax (90% is ~copper) (81% is ~brownfield) 2026

  2. Slide 2: Cautionary Statement on Forward-Looking Information

    TSX-V: FTZ CAUTIONARY STATEMENT ON OTCQX: FTZFF FORWARD-LOOKING INFORMATION This presentation is not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, pu

  3. Slide 3: Two Core Copper Projects Driving Capital Value

    TSX-V: FTZ TWO CORE COPPER PROJECTS DRIVING CAPITAL VALUE OTCQX: FTZFF BUEN RETIRO OFFERS RERATE & CASH FLOW; CABALLOS LARGE-SCALE DISCOVERY POTENTIAL BUEN RETIRO (IOCG) CABALLOS IRON OXIDE COPPER GOLD Cu-Mo-Au-Re PORPHYRY 2028 Production Plan: • Grass-roots Discovery • Metallurgical Test Work • Sul

  4. Slide 4: Buen Retiro - District-Scale Mineralization

    TSX-V: FTZ BUEN RETIRO - DISTRICT-SCALE MINERALIZATION OTCQX: FTZFF AT LOW ELEVATION WITH GREAT INFRASTRUCTURE AND NO INHABITANTS Buen Retiro Potential f itzr o ym i ner a ls .c om 4

  5. Slide 5: Buen Retiro Production Target: 2028

    TSX-V: FTZ BUEN RETIRO PRODUCTION TARGET: 2028 OTCQX: FTZFF CASH FLOW FROM CONVENTIONAL & ENHANCED RECOVERY HEAP LEACH, SX/EW Drilling highlights* BRT-DDH022 110 m @ 1.94% Cu BRT-DDH006 135 m @ 0.73% Cu BRT-DDH059 78 m @ 1.70% Cu Milestone Delivery Plan Preliminary Metallurgy Q3 2026 Maiden MRE / PE

  6. Slide 6: Pucobre Has Signed an LOI to Claw-Back 30%

    TSX-V: FTZ PUCOBRE HAS SIGNED AN LOI TO CLAW-BACK 30% OTCQX: FTZFF SPARE CAPACITY: INDUSTRIAL WATER AND UNDER-UTILIZED ELECTRO-WIN TANKHOUSE Mkt Cap US$2.4 B 42 ktpa Copper US$ 750 M El Espino Planta Biocobre • 800 TPM (9,600 TPA) • 50% Availability Offered • 1 of 6 under-utilized plants w/in 180 km

  7. Slide 7: Pucobre to Claw-Back 30% by Paying Back 90%

    TSX-V: FTZ PUCOBRE TO CLAW-BACK 30% BY PAYING BACK 90% OTCQX: FTZFF FITZROY MINERALS EFFECTIVELY GETTING PAID TO EXPLORE AND DEVELOP TO PFS (Q2 2027) C$23.9 M Treasury 2026 C$2.8 M Warrants/Options (25c) 22,000 m Exploration / De-risking ~C$20 M Cash Back? 2027 C$1.7 M Warrants/Options (45c) PFS, Fi

  8. Slide 8: Caballos: A New Chilean Porphyry Discovery?

    TSX-V: FTZ CABALLOS: A NEW CHILEAN PORPHYRY DISCOVERY? OTCQX: FTZFF KNOWN Cu-Mo-Au MINERALIZATION LINKED TO A LARGE CONCEALED SYSTEM Mineralized Breccias 2,000 m elevation “Porphyry” in clasts Main anomalies >14 km strike 18,000 ha ‘Pocuro Fault Zone’ Strategic licences Caballos f itzr o ym i ner a

  9. Slide 9: Caballos: A Fertile System in a Fertile Corridor

    TSX-V: FTZ CABALLOS: A FERTILE SYSTEM IN A FERTILE CORRIDOR OTCQX: FTZFF SIZE OF THE PRIZE (HUGE), COST OF THE TEST (LOW), CHANCE OF SUCCESS (HIGH) BRT-DDH001 2001 m @ 0.81% CuEq* from 66 m 1 True widths of the intercepts are estimated to be ~75% of down-hole intervals. 2 Copper Equivalent (“CuEq”)

  10. Slide 10: A High Impact Months Ahead

    TSX-V: FTZ A HIGH IMPACT 12 MONTHS AHEAD OTCQX: FTZFF MULTIPLE VALUATION CATALYSTS: PEA & PFS DE-RISKING & EXPLORATION DRILL RESULTS Q3 2026 Q4 2026 Q1 2027 Q2 2027 Q3 2027 Heap Leach Exploration Baseline Study & Metallurgy DIA Submission Buen Retiro Copper PEA / MRE / Engineering Chile PFS (Initial

  11. Slide 11: Rerate and Discovery Potential

    TSX-V: FTZ RERATE AND DISCOVERY POTENTIAL OTCQX: FTZFF14 BUEN RETIRO LOW-RISK VALUE PATHWAY; CABALLOS CAN TURBO-CHARGE PERFORMANCE LOW CAPEX “RERATE” PEERS “DISCOVERY” PEERS COMPANY MILESTONES 1Y RERATE PROJECT COMPANY SHARE PRICE RESULT PROJECT Placement, PFS, C$0.46 to Cabaçal, 60m @ 7.52% Lunahua

  12. Slide 12: Being Paid to Explore with De-risking Milestones

    TSX-V: FTZ BEING PAID TO EXPLORE WITH DE-RISKING MILESTONES OTCQX: FTZFF14 AMBITION: CASH FLOW TO FUND NON-DILUTIVE EXPLORATION & SECURE AUTONOMY 330.7 M shares Issued Share Capital Cash Wrt C$32.5M 29.9 M options C$23.9 M @ 44¢ av. C$2.8M 43.9 M warrants Mkt Cap @ 25¢ av. in 2026 404.5 M fully dilu

  13. Slide 13: An Experienced Team Focused on Delivering

    TSX-V: FTZ AN EXPERIENCED TEAM FOCUSED ON DELIVERING OTCQX: FTZFF HIGH VALUE, NON-DILUTIVE COPPER OPTIONALITY ON A PER SHARE BASIS CAMPBELL SMYTH QUEENIE KUANG JOHN SEAMAN, ICD.D CHAIRMAN, DIRECTOR CHIEF FINANCIAL OFFICER NON-EXECUTIVE DIRECTOR MARY GILZEAN NON-EXECUTIVE DIRECTOR MERLIN MARR-JOHNSON

  14. Slide 14: Big Copper in Chile

    TSX-V: FTZ OTCQX: FTZFF TSX-V: FTZ OTCQB: FTZFF info@fitzroyminerals.com www.fitzroyminerals.com BIG COPPER IN CHILE RERATE BACK-STOP ASYMMETRIC RISK PROFILE MERLIN MARR-JOHNSON President and CEO +44 (0) 7803712280 mmj@fitzroyminerals.com

Fitzroy Minerals — Investor Presentation (September 2026) on 6ix