Axo Metals Corp. · TSXV:AXO
Axo Metals — Investor Presentation (September 2026)
16 slides from Axo Metals's investor presentation, September 2026
Slide 1: Investor Deck September 2026
TSX-V: AXO M ET A LS C O R P Investor Deck September 2026
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: Management & Board
Management & Board Jonathan Egilo Glenn Jessome President, CEO & Director Executive Chair & Director Mining engineer (Queen’s University). Former bank equity- Resource capital-markets lawyer; founding shareholder of research director. Silver Tiger and GoGold Keith Abriel Doug Reid CFO & Corporate Se
Slide 4: Advanced Development In Mexico
Advanced Development In Mexico Permitted gold restart in Sonora, well funded, with aligned major shareholders PERMITTED § SEMARNAT approved the San Antionio MIA in July 2026, covering existing PLANNED TO infrastructure and current resources across all deposits Mexico RESTART § Remaining CUS filing i
Slide 5: Resource & Project History
San Antonio: Resource & Project History Substantial Resources Already Defined On A Past-Producing Site § Prior Mining o Underground development at Sapuchi, Luz del Cobre and Realito; Luz del Cobre had six levels (1970s) o Luz del Cobre SX/EW copper operation (2011-2018) produced 19kt cathode Cu o No
Slide 6: Operations & Infrastructure
San Antonio: Operations & Infrastructure Heap Leach CIC Plant Already On-Site; Water Rights Secured Crushing Facilities § Operations & Infrastructure o Located ~160km from Hermosillo, a Mexican mining capital, via paved highway o Open-pit, truck and shovel plan on oxide, transition and sulphide zone
Slide 7: Shallow, Low-strip Deposits
San Antonio: Shallow, Low-strip Deposits Oxide First At Sapuchi, Higher Grade Sulphide Sits Behind It § Sapuchi deposit o Indicated: 1.9 Mt oxide at 0.85 g/t (53 koz), 1.4 Mt transition at 1.04 g/t (47 koz), 2.1 Mt sulphide at 0.94g/t (62 koz) – 162 koz Au o Inferred: 3.2 Mt oxide at 0.74 g/t (75 ko
Slide 8: Large Land Package; Open District
San Antonio: Large Land Package; Open District Four Mineralized Trends. Resource Pits Are Only Part Of The Ground § 43 concessions covering 11,338 ha, with extensive site access and infrastructure § Four mineralized trends run 8-15 km, with A multiple underexplored targets A’ Sapuchi § Drilling befo
Slide 9: Luz del Cobre Target
San Antonio: Luz del Cobre Target Axo’s First Resource Expansion Drilling Hits Excellent Oxide Grades at Surface § Luz del Cobre (LDC) target sits below the former Luz del Cobre copper pit; mined from 2011 – 2018, ~3Mt extracted § Axo exploration work has confirmed a gold mineralizing event separate
Slide 10: El Tigre Target
San Antonio: El Tigre Target One Of Several Undrilled Trends West Of Golfo de Oro § El Tigre sits on trend and west of the Golfo de Oro resource, with high-grade samples along the structure § Cross-cutting structures and stockwork, plus historic small-scale workings § Structural mapping and channel
Slide 11: Axo Capital Structure
Axo Capital Structure Post Acquisition Structure & Analyst Coverage Description Amount Analyst Coverage Basic Shares Outstanding (mln) 216.2 Options (mln) 3.5 Bryce Adams Warrants (mln) 1 38.9 DSUs (mln) 1.5 Fully Diluted Shares Outstanding (mln) 260.1 Cole McGill Share Price (C$/share) (as of Sept
Slide 12: Appendix
Appendix
Slide 13: San Antonio Acquisition (closed January 2026)
San Antonio Acquisition (closed January 2026) Summary of Transaction Terms and Stream Amendment 4.99% AXO Shares + San Antonio Project Milestone Payments 9.99% AXO Shares + Deferred VAT San Antonio Payments + Milestone Payments Stream Amendments 1 2 San Antonio Acquisition Details Stream Amendment D
Slide 14: San Antonio Mineral Resource Estimate by Deposit
San Antonio Mineral Resource Estimate by Deposit Tonnes Au Grade Ag Grade Contained Au Contained Ag Category Deposit Zone (Mt) (g/t) (g/t) (koz) (Moz) Oxide 0.6 0.93 2.8 17 0.05 Transition 0.2 0.79 3.3 6 0.02 California Sulphide 3.1 1.31 2.4 130 0.23 Total 3.9 1.22 2.5 153 0.31 Oxide 0.2 1.07 2.8 7
Slide 15: La Huerta: High Grade Copper Dyke
La Huerta: High Grade Copper Dyke Jalisco Discovery. Drilling On Hold While San Antonio Is Funded Through Restart § Project Snapshot o Jalisco Mexico, ~250 km from Guadalajara o 11,308 ha, royalty-free o Andesite-hosted dyke swarm over a 5 km+ trend o First Axo drilling in 2023 § Area of Focus is La
Slide 16: La Huerta: Las Marias Trend
La Huerta: Las Marias Trend High-Grade Copper In The First Holes § Las Marias Intercepts o LHCC-23-023: 7.6 m at 7.37% Cu from 68.2 m o LHCC-23-022: 8.9 m at 5.87% Cu from 73.4 m o G-008: 9.5 m at 6.63% Cu o C-001: 13.7 m at 5.03% Cu § What It Is o Chalcopyrite-bornite in andesitic dykes; massive su