Nexmetals Mining Corp. · TSXV:NEXM
Nexmetals Mining — Investor Presentation (July 2025)
24 slides from Nexmetals Mining's investor presentation, July 2025
Slide 1: The Future Critical Metals Supply Chain Company: Rapidly Advancing Two Past Producers
THE FUTURE CRITICAL METALS SUPPLY CHAIN COMPANY: RAPIDLY ADVANCING TWO PAST PRODUCERS JULY 2025 | INVESTOR PRESENTATION TSX-V: NEXM | nexmetalsmining.com
Slide 2: Cautionary Note Regarding Forward-Looking Statements
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This presentation (the “Presentation”) is to be used by the recipient for informational purposes only and does not purport to be complete or contain all of the information that may be material to the current or future business, operations, financi
Slide 3: Scientific & Technical Information
SCIENTIFIC & TECHNICAL INFORMATION Caution Regarding Historic Data Certain scientific and technical information in this Presentation, including historic data compilation at the Selebi and Selkirk projects, are historic in nature. Reference should be made to the full text of the Selebi Technical Repo
Slide 4: Global Copper Supply: A Growing Gap
GLOBAL COPPER SUPPLY: A Growing Gap The World Needs More Copper — But Where Will It Come From? Copper Supply and Demand Imbalance 2023-2050 BHP estimates that global copper demand will increase by 1 million metric tons annually Beginning as early as 2024, and accelerating through to 2050, demand for
Slide 5: Click on image to view site overview video
Click on image to view site overview video
Slide 6: Safe, Scalable, And In Mining Friendly Botswana
DISTRICT SCALE CRITICAL METALS SUPPLY CAMP: Safe, Scalable, And In Mining Friendly Botswana PAST-PRODUCING & PERMITTED Cu-Ni-Co-PGE MINES Selebi and Selkirk Mines — proven assets ready to deliver. EACH DEPOSIT OPEN AT DEPTH Strong potential for underground expansion and long-life, scalable productio
Slide 7: Historical Evolution of Selebi & Selkirk Mines
HISTORICAL EVOLUTION OF Selebi & Selkirk Mines TNMC SELKIRK STARTS UNDERGROUND PRODUCTION 1989 Ore direct shipped to BCL smelter SELEBI NORTH START OF PRODUCTION 1990 Headframe constructed in 1994 Lifting capacity of ~600Mt/yr LIQUIDATION SELKIRK PROJECT Mines put up for sale 2024 NEXM PUBLISHES TNM
Slide 8: Global Cu-Ni Sulphide Assets
Assets Global Cu-Ni Sulphide ASSET COMPANY TONNAGE GRADE ACQUISITION COST PERMITTING IN PLACE INFRASTRUCTURE IN PLACE NOTE 3.40% CuEq Inferred Acquired by NEXM January 2022. Initial MRE at 24.7 Mt Inferred 2.92% CuEq Indicated SELEBI MINE Selebi Main and Selebi North in accordance 3.0 Mt Indicated*
Slide 9: Selebi Mine
Selebi Mine SELEBI NORTH SHAFT 4 (733 METER LEVEL) TSX-V: NEXM 9
Slide 10: Selebi Benefits
Selebi Benefits OPERATIONAL ADVANTAGES BOTSWANA IS A TIER 1 MINING JURISDICTION • Mining license and surface rights lease in place Government support in mining industry to • Existing hoisting capacity to be used while a new shaft is developed generate employment • Underground access accelerates new
Slide 11: Expansion Drilling Between Selebi Mine Deposits
PROVEN GEOPHYSICAL Expansion Drilling Between Selebi Mine Deposits SELECT ASSAY HIGHLIGHTS: SNUG-24-114 21.3m of 4.14% CuEq SNUG-24-096-W1 Incl 13.8m of 4.40% CuEq 12.90m of 4.12% CuEq and 24.50m of 2.17% CuEq SNUG-24-144 14.40m of 3.99% CuEq SNUG-24-102 17.00m of 2.02% CuEq SNUG-24-172 incl. 8.10m
Slide 12: Selkirk
: \ ye Francistown \, tp Y tote i \ Historic Mine Selkirk Mining Lease @ Primary Road @V Secondary Road NexMetals MINING CORP Selkirk TSX-V: NEXM Selkirk Mine Tailings Dam Phoenix Mine ailirigs Storage 5km
Slide 13: Selkirk Resource
Selkirk Resource INITIAL FOCUS Surface drilling program for resource expansion and metallurgical flowsheet development. TESTING UNDERWAY The drill core from this program will also be used for preliminary XRT pre concentration testing. HISTORIC CORE RESAMPLING The company will continue a resampling p
Slide 14: Selkirk Mine
Selkirk Mine Potentially Significant Untapped Value • Mining license covers approximately 14.6 square kilometres and the four prospecting licenses cover 126.7 square kilometres • Tati Nickel Mining Company mined high grade Cu-Ni massive sulphides to produce 1 million tonnes at 1.5% Cu and 2.6% Ni be
Slide 15: 2025 Catalysts: Innovative Value Growth Model
2025 CATALYSTS: Innovative Value Growth Model CONTINUOUS DRILLING ONGOING STUDIES DATA DRIVEN RESULTS • SELEBI MINES • METALLURGICAL SAMPLING AND • BHEM PRECISION TARGETING TESTING • Selebi North Underground Resource Expansion Drilling • Selkirk Surface Drilling Program for • CONTINUOUS ASSAY RESULT
Slide 16: Capital Structure
Capital Structure (Est. Post Consolidation as at July 2, 2025) 21,449,318 Issued & Outstanding 36% 22% 22% 20% FIORE LED 2025 MANAGEMENT, EDGEPOINT INVESTMENT OTHER NON-BROKERED DIRECTORS & SELECT GROUP INSTITUTIONAL 1,035,423 9,428,996 PRIVATE PLACEMENT SHAREHOLDERS & RETAIL Options Warrants 88,901
Slide 17: Management
Morgan Lekstrom EXPERIENCED, DISCOVERY FOCUSED CEO & Director Management • • 17+ years in mining, led NexGold’s turnaround via strategic M&A and debt restructuring. Global project experience with Freeport, Rio Tinto, and Golden Star (Ghana) • Led engineering at Sabina Gold & Silver’s Back River proj
Slide 18: Board of Directors and Strategic Advisors
Paul Martin Norm MacDonald TRUSTED, EXPLORATION-DRIVEN CHAIRMAN 25 years of resource-focused investment experience, including senior portfolio Board of Directors Over 30 years of executive leadership in mining, including CEO and CFO roles at major TSX- and NYSE-listed companies. management roles at
Slide 19: Botswana: A Proven Mining Powerhouse
BOTSWANA A Proven Mining Powerhouse Botswana: A Tier-One Mining Jurisdiction STABLE POLITICAL ENVIRONMENT Botswana has long had a stable political system Long history of rule-of-law, competitive tax rates, no foreign exchange with low corruption, which is crucial for investor controls and no require
Slide 20: The Next Major Critical Metals Player?
The Next Major Critical Metals Player? PERMITTED & PROVEN: EXPLORATION UPSIDE: TIER-ONE JURISDICTION: BUILT-IN ADVANTAGE: Past-producing Selebi and Selkirk Untested EM plates along 2 km corridor Botswana – safe, stable, mining-friendly. Two shafts, grid power, water, rail mines – Ready rapid re-star
Slide 21: ESG Commitment & Impact
ESG Commitment & We are committed to a sustainable future, aligning with ESG principles to drive economic prosperity, protect the Impact environment, and enrich our communities. Advancing responsible mining, promoting innovation, and ensuring a brighter future for Botswana and its people. Economic P
Slide 22: Contact Us
Contact Us Phone +1 833-770-4334 Email Jaclyn Ruptash Jaclyn@NexMetalsMining.com VP Communications & Investor Relations Address Suite 3123, 595 Burrard Street P.O. Box 49139 Vancouver, BC V7X 1J1 TSX-V: NEXM 22
Slide 23: Initial NI 43-101 Mineral Resource Estimate on the Selebi Mine
EFFECTIVE DATE: JUNE 30, 2024 Initial NI 43-101 Mineral Resource Estimate On The Selebi Mine Classification Tonnage Grade Contained Metal Deposit Mt % Cu % Ni kt Cu kt Ni Selebi North 3.0 0.90 0.98 27 29 Indicated Total 3.0 0.90 0.98 27 29 Selebi Main 18.9 1.69 0.88 319 165 Inferred Selebi North 5.8
Slide 24: Initial NI 43-101 Mineral Resource Estimate on the Selkirk Mine
EFFECTIVE DATE: NOVEMBER 1, 2024 Initial NI 43-101 Mineral Resource Estimate On The Selkirk Mine Grade Contained Metal Classification Tonnage (Mt) Cu % Ni % Pd g/t Pt g/t CuEq* % Cu kt Ni kt Pd koz Pt koz Inferred 44.2 0.30 0.24 0.55 0.12 0.81 132 108 775 174 *CuEq% calculated using the formula Cu%