Red Metal Resources Ltd. · CSE:RMES
Red Metal Resources — Investor Presentation (October 2026)
28 slides from Red Metal Resources's investor presentation, Oct 8, 2026
Slide 1: Focused Exploration in Chile's Copper Heartland
Focused Exploration in Chile's Copper Heartland Corporate Presentation | Fall 2026 CSE: RMES OTC: RMESF FSE: I660
Slide 2: Forward Looking Statements
Forward Looking Statements Terms of Use and Disclaimer This document and the information contained herein is being provided for the sole purpose of providing the recipients with background information about Red Metal Resources Ltd. (“Red Metal” or the “Company”). The Company has made reasonable effo
Slide 3: Disclosures — Qualified Person, Historic & Third-Party Data
Disclosures — Qualified Person, Historic & Third-Party Data Qualified Person Caitlin Jeffs, P. Geo., Director of Red Metal, is the Qualified Person for Red Metal Resources as defined by National Instrument 43-101 and has approved the technical information presented herein. Historic Data Historic res
Slide 4: What is Red Metal?
What is Red Metal? Who we are How we work A CSE-listed mineral exploration company Advancing proven ground through systematic advancing high-grade copper discovery in exploration with an experienced technical Chile's Candelaria belt - one of the world's team, backed by a low-cost artisanal mining mo
Slide 5: The Opportunity
The Opportunity A post-discovery, high-grade copper story in one of the world's best mining jurisdictions. 100% >15 km ~9,000 m 50+ Years owned Carrizal property mineralized strike length of historic drilling as the world's top 3,278 ha, Chile open in multiple directions mature-stage exploration cop
Slide 6: Management & Board of Directors
Management & Board of Directors Deep exploration, capital markets, and Chilean jurisdictional experience. Caitlin Jeffs, P.Geo John Da Costa President & CEO · Qualified Person CFO 20+ years in exploration across junior and major miners; founding partner of President and owner of Da Costa Management
Slide 7: It starts in Chile.
It starts in Chile. The world's top copper producer. And where Red Metal is exploring. 7
Slide 8: Why Copper
Why Copper Global electrification needs copper, and inventories are at historic lows. World copper inventories are at historic lows. Moving away from fossil fuels requires transmission and distribution of baseload power through copper wire. Electric vehicles require 238% more copper than a conventio
Slide 9: The copper ramp-up that never arrives
The copper ramp-up that never arrives Global copper mine supply forecasts by forecast year vs. actual production, million tonnes 12 Mt shortfall in 2025 versus what the industry forecast in 2014 (35.6 Mt expected, 23.2 Mt delivered) Every forecast year since 2018 assumes a steep ramp starting 'next
Slide 10: Copper: and why smaller miners matter
Copper: and why smaller miners matter The gap is real. The winners will be whoever moves fastest to close it. Small mines win by moving fast enough to catch the market: less capital, faster permitting, quicker to first production than a major’s decade-long pipeline. Meanwhile, demand from EVs, AI da
Slide 11: The Chilean Advantage
The Chilean Advantage The world's largest copper producer, and the Coastal Cordillera is underexplored. #1 Most Stable Royalty Edge World’s largest copper producer, in Ranked the most politically stable Royalty structure favours medium and South America’s most mining-focused country in South America
Slide 12: The road in.
The road in. Chile 12
Slide 13: Where Chile is Today
Where Chile is Today Fifty years as the world's top producer and still moving fast. 5kt/m ~25% Speedy small-mine licensing Of world copper production comes threshold and a quick path to from small mines (<50kt/yr), which revenue also benefit from lower Chilean taxes Small-scale production still take
Slide 14: Carrizal Property
Carrizal Property 100% owned. 3,278 hectares. Adjacent to a historic mine. Two project areas Farellon (south) and Perth (north), in the Carrizal Alto Mining District, Region de Atacama, Coastal Cordillera Infrastructure advantage 150 km south of Copiapo, 20 km west of the Pan-American Highway, 25 km
Slide 15: Farellon Project
Farellon Project An IOCG vein system along a major fault, drill-verified and still open. 9,000 m+ of drilling, 1996–2022 1.5 km verified mineralized strike, open for 3.5 km more along strike and at depth 3–6 m wide quartz-calcite veins (chalcopyrite, bornite, chalcocite) with a 15–20 m lower-grade h
Slide 16: Farellon — Significant Drill Intercepts
Farellon — Significant Drill Intercepts Headline results from three decades of drilling. FAR-11-006 FAR-96-022 FAR-09-C 32 m @ 1.35% Cu, 0.99 g/t Au 8 m @ 3.72% Cu, 2.49 g/t Au 9 m @ 1.60% Cu, 2.44 g/t Au incl. 12 m @ 2.18% Cu, 2.10 g/t Au incl. 5 m @ 2.57% Cu, 4.16 g/t Au Hole ID From (m) To (m) In
Slide 17: Farellon Surface Geochemistry
Farellon Surface Geochemistry Surface samples collected across four campaigns, 1996–2025. Copper Cobalt Gold 1996: 125 samples · 2012: 56 samples · 2022: 150 samples · 2025: 71 samples — 178 samples over 1% Cu · 19 samples over 2 g/t Au Management cautions that prospecting surface rock samples and a
Slide 18: High-grade in hand.
High-grade in hand. Surface mineralization, Farellon vein system 18
Slide 19: Peer Analysis — Chile
Peer Analysis — Chile Similar geology, different stories. The market cap tracks who proves it first. Copiapó Market $9M $24M $32M $127M $377M Cap CSE:CUPR TSXV:FTZ CSE:RMES TSXV:TRBC TSXV:HCH 52-Wk Range Carrizal $0.01 -0.155 $0.165 -0.335 $0.22 -1.36 $0.24 -0.74 $0.42 -2.05 Vallenar Key Points La H
Slide 20: Perth Project
Perth Project The northern half of Carrizal, with its own high-grade vein history. 12 veins fault-related Cu-Au-Co bearing quartz veins, averaging 2 m thick, up to 6 m locally (Cachina Zone) 763 surface samples plus 4 historic drill holes, optioned to Mineria Activa (2013/2014) across the Perth & Ca
Slide 21: Perth Surface Geochemistry
Perth Surface Geochemistry Red Metal and third-party campaigns, 2007–2014. Copper Gold Cobalt 46 samples over 1% Cu · 48 samples over 1 g/t Au · 19 samples over 0.05% Co Management cautions that prospecting surface rock samples and associated assays are selective by nature and represent a point loca
Slide 22: Modern tools, mature ground.
Modern tools, mature ground. Drone and GPS survey work 22
Slide 23: The Artisanal Mining Advantage
The Artisanal Mining Advantage A low-cost partner that de-risks the ground and pays Red Metal to do it. A built-in, low-cost exploration partner Artisanal miners act as low-cost prospectors, identifying high-grade zones before the Company commits drilling capital. De-risks the geological model Under
Slide 24: A royalty that pays for itself.
A royalty that pays for itself. The minimum royalty is structured to cover Red Metal’s G&A, so more investor capital goes into the ground. And it keeps the story going. Continuous production means ongoing samples, assays, and news flow. 24
Slide 25: Carrizal Next Steps
Carrizal Next Steps All plans subject to financing. 2026 Plans LiDAR and IP surveys are complete — data is feeding an updated 3D model, with drill targets expected soon 5,000 m drill program to test newly defined targets across 13 km of veining Also building out the small-scale mining partnership la
Slide 26: Carrizal Summary
Carrizal Summary A post-discovery, high-grade copper play advancing toward a production decision. Historic Work RMES Work to Date 2026 So Far 1996–1997 2009–2022 22 RC drill holes along 1.7 km strike length and Confirmed historic drill holes over 1.5 km, to 170 m LiDAR survey and analysis to outline
Slide 27: Capital Structure
Capital Structure Lean, insider-aligned, and undervalued relative to project scale. CSE:RMES OTC:RMESF FSE:I660 CAD Share Price as of May 20, 2026 $0.16 Market Capitalization $9M Issued & Outstanding Shares 61M Fully Diluted 80M Management & Insiders ~45% Cash (estimated) ~$300k Warrants / Options ~
Slide 28: Let's talk.
Let's talk. Caitlin Jeffs, P.Geo President & CEO (807) 251-9168 caitlin.jeffs@redmetalresources.com Colin Robson Communications (604) 917-0375 invest@redmetalresources.com Red Metal Resources Ltd. 555-1130 W Pender, Vancouver, BC T: 1.866.907.5403 redmetalresources.com invest@redmetalresources.com 2
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