True North Copper Limited · ASX:TNC
True North Copper — North West Queensland Copper Conference 2025
21 slides from True North Copper's conference presentation, May 20, 2025
Slide 1: Growing Queensland's next major Copper Resource
For personal use only Growing Queensland’s next major Copper Resource ASX: TNC May 2025
Slide 2: Investment Highlights
Investment Highlights For personal use only Tier 1 Jurisdiction Unlocking the Growth Revised Business potential at Mt opportunities at Strategy Highly prospective Oxide Cloncurry Copper portfolio of copper Project (CCP) Strong balance resource and sheet, refreshed Limited exploration exploration ass
Slide 3: True North Copper Assets
True North Copper Assets TIER 1 JURISDICTION Mt Oxide Mt Isa Inlier, NW QLD Project AUSTRALIA MT OXIDE PROJECT (100% TNC) Highly prospective, underexplored large mineral system. For personal use only Capricorn Flamingo Vero Resource extension potential to depth and Copper along strike. (Concentr
Slide 4: Corporate Snapshot
ASX: TNC CORPORATE SNAPSHOT Corporate Structure Board of Directors For personal use only Pre 31 March Voluntary 2025 Administration Shares on issue 1,029.9M 127.38M Options/Performance Rights on issue 15.4M 5.65M Paul Cronin Bevan Jones Tim Dudley Paul Frederiks Warrants on issue 46.4M 0.46M Non-Exe
Slide 5: Reset to Explore, Optimise and Add Value
Mt Oxide District Reset to Explore, Optimise and Sed Hosted Cu-Ag-Co Vero Add Value PROJECT AREA Capricorn Copper MT OXIDE Drilling new open-pittable targets along Mt Oxide trend For personal use only identified from 2024 exploration campaign. Cloncurry Expand high grade resource base. District
Slide 6: Exploration & Resource Development Forward Program Summary
Exploration & Resource Development Forward Program Summary AIMS: Rapidly grow the Cloncurry Copper Project Life of Mine through discovery of additional new resources adjacent to current pits and infrastructure. For personal use only At Mt Oxide, build a regionally significant district of multipl
Slide 7: Cloncurry Copper Operations Hub
Ernest Henry Cloncurry Copper Great Australia For personal use only Cloncurry Operations Hub Mine Rocklands Cu Project (CCP) Mt Isa Salebury 82 km Rocklands South GA Orphan Taipan Shear Barkly Hwy Tanbah Extend mine life Grow/convert resource base Marimo Trend Wallace North Test scale opportun
Slide 8: Cloncurry Copper Project Exploration
Cloncurry Copper Project Exploration Ernest Henry Strategic exploration package in Cloncurry, drilling targets and exploration of large-scale mineral systems. Great Australia use only GREAT Resource Targets AUSTRALIA Eight high priority targets at Great Australia Mine Cloncurry Mine Operations Hub M
Slide 9: Cloncurry Copper Project Great Australia Mine
Cloncurry Copper Project Great Australia Mine GAM’s drill targets (on existing mining leases) include highly prospective geophysical targets that are near pit discovery Orphan Shear opportunities to expand the current mine life and optimise the Target 2023 IP mine plan. For personal use only Target
Slide 10: Great Australia Mine Complex - Compelling IP targets
Cloncurry Copper Project Great Australia Mine Complex - Compelling IP targets Multiple strong shallow chargeability anomalies being tested high priority near-mine growth targets Taipan Resource Mineralisation coincident with Coppermine Creek Whip Target Target For personal use only Section Y-Y’ ch
Slide 11: Wallace North & Surrounds
Cloncurry Copper Project Wallace North & Surrounds New near-resource targets indicate larger underexplored Iron ML 90236 & 100077 Sulphide Copper Gold (ISCG) mineral system 6 conceptual holes for 1,000m to test for offset continuations of Exploration focused on targeting resource extensions and ne
Slide 12: Wallace North & Surrounds Priority Targets
Cloncurry Copper Project Wallace North & Surrounds Priority targets of high order IP and EM anomalies already defined. New EM complete, processing in progress to define a series of targets for drill testing second half of the year. For personal use only ML 90236 & 100077 Target 1 Target 2 Target 3 C
Slide 13: Mt Oxide Project
Mt Oxide Project Vero 2024 Resource 15.03 Mt at 1.46% Cu & 10.59 g/t Ag for 220 kt Cu & 5.13 Moz Ag Lady (Indicated and Inferred) Annie For personal use only Capricorn Mt Oxide Project Copper Mount Kelly Drill new targets Mount Isa Corridor Expand high grade resources Mount Gordon Corridor Mount
Slide 14: Long Section Vero Copper-Silver Resource
Long Section Vero Copper-Silver Resource Mt Oxide Project S Ivena N MOXD217 Vero Pit 200 mRL Vero Resource High Grade Copper For personal use only Shoot The Mt Oxide Project hosts the Vero Resource of 15.03 Mt @ 3% to +5% Cu 0 mRL 1.46% Cu (Inferred and Indicated), a Mt Isa style sediment hosted Cu-
Slide 15: Vero Resource vs Capricorn Copper
Mt Oxide Project Vero Resource vs Capricorn Copper Capricorn Copper 62.2Mt @ 1.8% Cu and 9g/t Ag A Vero 15.03Mt @ 1.46% Cu & 10.59g/t Ag A’ Southwest Northeast Camp Camp Gossans Gossans Vero Ivena IvenaNorth North # Prospect Vero high grade shoot Prospect For personal use only +300 m in length 500 m
Slide 16: Underexplored +10km Prospective Trend
Mt Oxide Project Underexplored +10km Prospective Trend Limited systematic modern exploration outside of the Vero Resource. For personal use only Significant opportunity to apply leading- edge exploration to build a larger copper inventory in a well-endowed mineral system. +10 km trend along Do
Slide 17: Camp Gossans & Black Marlin
Mt Oxide Project Camp Gossans & Black Marlin Multiple large scale geophysical anomalies in prospective geological settings similar to Vero untested Vero scale targets e.g. Camp Gossans. Reconnaissance mapping of geophysical target identified the NEW BLACK MARLIN target outcropping at surface
Slide 18: Where discovery meets opportunity
Where discovery meets opportunity investing in True North Copper Highly prospective portfolio of copper assets Substantial opportunity to build larger For personal use only in the world-class Mt Isa Inlier, QLD copper inventory at Mt Oxide Project; – Tier 1 Jurisdiction district-scale potential Exte
Slide 19: Thank you
For personal use only Thank you Bevan Jones Managing Director ASX: TNC www.truenorthcopper.com.au
Slide 20: Important Notices and Disclaimer
IMPORTANT NOTICES AND DISCLAIMER This presentation (Presentation), together with any information communicated by True North Copper Limited ABN 28 119 421 868 (the JORC Company or True North), in any presentation or discussion relating to this Presentation (collectively, Information) is confidential,
Slide 21: Appendix – TNC Mineral Resources
Appendix 1 – TNC Mineral Resources Cut-off Tonnes Cu Au Co Ag Cu Au Co Ag Cut-off Tonnes Cu Au Co Ag Cu Au Co Ag Resource Category Resource Category (% Cu) (Mt) (%) (g/t) (%) (g/t) (kt) (koz) (kt) (Moz) (% Cu) (Mt) (%) (g/t) (%) (g/t) (kt) koz) (kt) (Moz) Great Australia Mt Oxide – Vero Copper-Silve
True North Copper — North West Queensland Copper Conference 2025 on 6ix