Great Southern Copper PLC · LSE:GSCU

Great Southern Copper — Investor Presentation (May 2024)

28 slides from Great Southern Copper's investor presentation, May 2024

  1. Slide 1: Corporate Presentation

    Especularita lithocap Chile Focused Copper-Gold and Lithium Exploration Corporate Presentation LSE:GSCU May 2024 1

  2. Slide 2: Disclaimer

    Disclaimer The information contained in these slides and the accompanying oral presentation (together, the "Presentation") have not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000 ("FSMA"). If any person is in any doubt as to the contents of th

  3. Slide 3: GSCU in Chile: Highlights

    GSCU in Chile: Highlights Bolivia Monti Li Coastal Belt: Emerging Cu-Au trend in Tier 1 copper jurisdiction Antofagasta San Lorenzo Cu-Au 3 large-scale projects with option for 100% GSC ownership La Serena Especularita Santiago Cu-Au Especularita: Multiple high-grade Cu-Au targets ready to drill Arg

  4. Slide 4: Why Chile: Globally Significant Mining Destination

    Why Chile: Globally Significant Mining Destination • Largest producer and exporter of copper • Largest reserves of copper • Largest reserves of Li and second largest producer • Insufficient exploration investment to replace depleting copper resources Leading copper Producing countries kt • Mining ac

  5. Slide 5: WHO: A global discovery team

    WHO: A global discovery team CEO: Exploration Manager: Sam Garrett David Hopper • Havieron Au-Cu • Valeriano Cu-Au • Tujuh Bukit Au-Ag-Cu • Cachi Laguna Au-Ag • Sihayo Au • Dinkidi Cu-Au • Mt. Elliot Cu-Au Technical Advisor: General Manager SA: Doug Kirwin Andrew Bristow • Merlin/Selwun Cu-Au-Mo-Re

  6. Slide 6: A global discovery team

    A global discovery team Oyu Tolgoi Porphyry Cu-Au Rio Eunsan, Moisan and Gasado Epithermal Au Moditaung Dinkidi Epithermal Au Porphyry Cu-Au Ivanhoe Mines Oceana Gold Sihayo Jelai-Mewet and Seruyung Rio Blanco Carlin Au Epithermal Au Porphyry Cu-Au Sihayo Gold Monterrico Metals Merlin Cachi Laguna P

  7. Slide 7: Especularita: Untested porphyry - IRGS district

    Especularita: Untested porphyry - IRGS district Especularita Bechia N “Boots-on-ground” exploration by GSC is delivering a pipeline of drill Project Amarilla targets at Especularita Lipa La Colorada lithocap • District-scale mineral system showing evidence of; Artemisa Cerro Negro • Porphyry-epither

  8. Slide 8: Especularita Cu-Au Project

    Especularita Cu-Au Project N Los Andes Argentina Piuquenes (PM:TSX) S • Porphyry Cu-Au • 448m of 0.42% Cu, 0.46 g/t Au Antofagasta • HS/Porphyry Cerro Negro • HS/Porphyry Cu-Ag-Au El Espino (PuCobre) • IOCG • 123Mt of 0.66% Cu, 0.24g/t Au Lipa (Lithocap) • Porphyry Cu-Au-Mo Teresita Granodiorite • I

  9. Slide 9: Advancing Cu-Au prospects through the discovery pipe-line

    Advancing Cu-Au prospects through the discovery pipe-line Early Stage: Intermediate Stage: Advanced Stage: • Especularita Project • Aurelia (Skarn / IOCG) • Cerro Negro • Artemisa (Porphyry) (HS/Porphyry) • Victoria (IRGS) • Teresita (IRGS) Grass-roots Exploration Prospect Exploration Resource Explo

  10. Slide 10: Especularita: Schematic target section

    Especularita: Schematic target section Lana C’ Artemisa / Victoria Anto plc Cerro Negro Teresita Viuda Aurelia / Rulos • Porphyry Cu • IRGS • HS Cu-Ag • HS Cu-Ag • IRGS • HS Cu-Au • Skarn Cu+Au • CPO:ASX • HS Cu-Au • Porphyry Cu • Porphyry Cu-Au • Porphyry Cu • Porphyry Cu-Au Lithocap Volcanics Porp

  11. Slide 11: Especularita: Rock chip geochemistry

    Especularita: Rock chip geochemistry Lana C’ Artemisa / Victoria Anto plc Cerro Negro Teresita Viuda Aurelia / Rulos • Porphyry Cu • IRGS • HS Cu-Ag • HS Cu-Ag • IRGS • HS Cu-Au • Skarn Cu+Au • CPO:ASX • HS Cu-Au • Porphyry Cu • Porphyry Cu-Au • Porphyry Cu • Porphyry Cu-Au • 7.3% Cu • 2.9 g/t Au •

  12. Slide 12: Especularita: Historical drilling

    Especularita: Historical drilling Lana C’ Artemisa / Victoria Anto plc Cerro Negro Teresita Viuda Aurelia / Rulos • Porphyry Cu • IRGS • HS Cu-Ag • HS Cu-Ag • IRGS • HS Cu-Au • Skarn Cu+Au • CPO:ASX • HS Cu-Au • Porphyry Cu • Porphyry Cu-Au • Porphyry Cu • Porphyry Cu-Au • Scout RC • Resource • DD i

  13. Slide 13: IRGS Model tested at Teresita with scout RC

    IRGS Model tested at Teresita with scout RC 5 km cumulative trend of untested IRGS 13.7 g/t Au type qtz-sulphide-carb vein breccias Teresita prospect vein-breccia 13

  14. Slide 14: Teresita IRGS prospect – Scout drilling completed Q1, 2024

    Teresita IRGS prospect – Scout drilling completed Q1, 2024 Gato Negro Vein Central Vein Abundante Mine 2017: GSC discovers quartz-sulphide-carb 2022-23: Teresita mapping and sampling 2024: Scout RC drilling confirms IRGS vein-breccia structures defines +5km vein-breccia swarm system 14

  15. Slide 15: Victoria and Aurelia – Ready to drill in 2024

    Victoria and Aurelia – Ready to drill in 2024 • High-grade Cu-Au drill targets; Victoria Prospect Aurelia Prospect • Victoria – IRGS type • Aurelia – Skarn type • Work to date by GSC includes; • Mapping and rock sampling, • Soil sampling, • magnetics and • drainage sampling • Claims consolidated to

  16. Slide 16: Porphyry Cu-Au: What’s the evidence?

    Porphyry Cu-Au: What’s the evidence? • Large (>75km2) lithocap alteration blanket masks evidence of porphyry Cu+Au mineralisation Andacollo Cu mine lithocap • Carmen de Andacollo mine (Teck) on trend; (1.7 Bt reserve) 90 km • 1.7 Bt reserves (2016) • Overlying lithocap, • Radiometric anomalies c/f E

  17. Slide 17: Especularita: Drilling plan 2024-2025

    Especularita: Drilling plan 2024-2025 Lana C’ Artemisa / Victoria Anto plc Cerro Negro Teresita Viuda Aurelia / Rulos • Porphyry Cu • IRGS • HS Cu-Ag • HS Cu-Ag • IRGS • HS Cu-Au • Skarn Cu+Au • CPO:ASX • HS Cu-Au • Porphyry Cu • Porphyry Cu-Au • Porphyry Cu • Porphyry Cu-Au • 500m scout RC Victoria

  18. Slide 18: San Lorenzo Cu-Au Project

    San Lorenzo Cu-Au Project Productura Cu-Au deposit (HCH) N • Mining and Exploration Concessions covering 28,645 ha (286 km2) Cortadera Cu-Mo deposit 25 km (HCH) Dos Amigos • Re-invigorated exploration district in coastal PCD-IOCG belts due Pajonales & Cu-Mo mine (CEMIN) Frontera Cu-Mo deposits to re

  19. Slide 19: San Lorenzo – Large untested Landsat anomalies

    San Lorenzo – Large untested Landsat anomalies • District scale remote sensing study identifies multiple clay- ser alteration targets • Reconnaissance exploration at Suyay confirms porphyry Cu- Au potential • Qtz-clay-ser alteration system • High grade Au in porphyry type veining up to 4.13g/t Au •

  20. Slide 20: Lithium in Chile

    Lithium in Chile Salar de Atacama New regulations in Chile • Largest Li-brine production salar in Chile • Chile wants to increase lithium production • Largest reserves of Li globally • New producers to enter contracts with Codelco / ENAMI • Low elevation relative to Bolivia and Argentina • Direct li

  21. Slide 21: Salar de Atacama – Li production

    Salar de Atacama – Li production • Lithium-rich brines discovered in Salar de Atacama, Chile in 1969 with production commencing in 1984 • Chile Li production for 2022 estimated at 39,000t with reserves of 9.3Mt (USGS 2023) • Production dominated by two companies, SQM (Chile) and Albermale (US) Sourc

  22. Slide 22: Monti Li project – Salar de Atacama, Chile

    Monti Li project – Salar de Atacama, Chile Chuquicamata Cu mine Antogagasta BOLIVIA CHILE Centinela Cu mine SQM Gaby Cu mine Albermarle GSC Monti Lithium Project concession applications (blue), Salar de Atacama 22

  23. Slide 23: Monti Lithium Project

    Monti Lithium Project Chuquicamata • 114 exploration concession applications total 33,100 ha (331 km2) • Purchase option agreement allows 100% GSC ownership, No NSR • Scalable opportunity – multiple target sites surrounding salar Spence • Adjacent to SQM and Albemarle production sites • Excellent in

  24. Slide 24: Key Corporate Information – May 24

    Key Corporate Information – May 24 Board Holdings and Major Shareholders (>3%) Company information Market Share Shares in Foreign Dimensions Pty 50.29% Ticker Market Cap price issue Brokers Spreadex 5.22% Lowell Resources Fund 3.30% GSCU LSE £8.42m 2.45p 343.5m SI Capital Sam Garrett (Director) 3.17

  25. Slide 25: Activity and news flow 2024 - 2025

    Activity and news flow 2024 - 2025 Junior Copper explorers in S. America Highlights: Market Cap (USD) - Mar 2024 • Scout drilling to commence at Aurelia and Victoria 90 80 • Drilling on two additional prospects in 2024 70 82.17 JORC resources • Pipeline of drill projects to grow in 2024 - 2025 60 67

  26. Slide 26: Board and Management

    Board and Management Charles Bond: Chairman Nick Briers: Non-executive Director • Corporate finance lawyer with over 25 years of experience and has worked with • Over 25 years of experience in financial markets heading up Exchange Traded mining companies for the past 15 years Derivatives sales desks

  27. Slide 27: Summary

    Summary • Chile Largest reserves of copper and lithium • Jurisdiction Tier 1 - Globally significant mining location • Copper, gold and lithium Strong market drivers and commodity optionality • Three projects San Lorenzo Cu-Au, Especularita Cu-Au, Monti Li • 100% rights Leveraged for success. No NSR

  28. Slide 28: Contact us: info@gscplc.com

    Contact us: info@gscplc.com GSC’s 100% Chilean exploration team, Especularita project, Feb 2023 28

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