Salazar Resources Limited · TSXV:SRL
Salazar Resources — Investor Presentation (June 2026)
24 slides from Salazar Resources's investor presentation, Jun 23, 2026
Slide 1: Q2 Corporate Presentation
TSX-V: SRL OTCQX: SRLZF Positioned for Strong Gold and Silver Markets with Near-Term Cash Flow and Discovery Upside Q2 - CORPORATE PRESENTATION Source: SVM
Slide 2: Disclaimer
DISCLAIMER FORWARD - LOOKING INFORMATION This presentation contains “forward-looking information” within the meaning of applicable Such factors include, among others, risks related to the ability of the Company and its Partner to Canadian securities laws. Forward-looking information is based on the
Slide 3: Successful Discovery Track Record: Management
SUCCESSFUL DISCOVERY TRACK RECORD Uniquely well-placed to make and manage The Next Mineral Deposit Discovery Fredy E. Salazar Francisco Soria MANAGEMENT President and CEO Exploration Manager Fredy is a seasoned geologist with 30+ years in Francisco is a geologist with 30+ years of Ecuador, including
Slide 4: 2026 Well Balanced Portfolio
2026 WELL BALANCED PORTFOLIO Nesting The Next Major Au-Cu Discovery FULLY FUNDED CONSTRUCTION - PRODUCTION 2027 EXPLORATION PROJECTS El DOMO Santiago - Cu-Au Porphyry 25% stake El Tigre - VMS Potential Monja - Cu-Au Porphyry Pijili - Cu-Mo Porphyry -MIOCENE - LANCONES BASIN METALLOGENIC 1 BELT Tarqu
Slide 5: Capital Structure
CAPITAL STRUCTURE Price Chart Tightly Held 0.4000 0.30000 June 2, CAD 0.26 0.26000 Management & Insiders 0.20000 26% Retail 21% 0.10000 0 2022 2023 2024 2025 2026 Corporates Strategic 9% 20M Investors 10M 13% Institutions Ecuador 0 24% 2022 2023 2024 2025 2026 Entrepeneurial Group 7% CAD $68.04 M 12
Slide 6: Comparable Trading Copper Companies
COMPARABLE TRADING COPPER COMPANIES NAV value is based on Price / Consensus NAV (x) Feasibility Study@ Producers 2 commodity prices of Developers $US1,700/oz Au and 1.40x 1.38x US$$3.5/lb Cu. 1.33x 1.27x 1.18x 1.14x 1.13x 1.09x 1.01x 1 At April 2026 spot prices the 1 Median: 1.23X 0.95x P/NAV is clo
Slide 7: El Domo - Feasibility Study Highlights Oct 2021
EL DOMO - FEASIBILITY STUDY HIGHLIGHTS OCT 2021 Salazar Holds A 25% Stake, Carried to Production Mineral Resources Mineral Content 737K Oz Au 23Kt Pb 10 Mt @ 5% Cu Eq 14870K Oz Ag 255Kt Zn (P and P reserves:6.5 Mt in Open Pit) 208K t Cu Daily Produc�on Es�mated Taxes, Royal�es and Jobs es�mated 1850
Slide 8: El Domo: Timeline
EL DOMO: TIMELINE Silvercorp Metals (SVM): On Track To Production in Q3 2027 2008 2024 2025 2026 2027 ENVIRONMENTAL SVM ACQUISITION 1 CONSTRUCTION 2 UPDATED BUDGET 3 LICENSE SECURES FULL STARTED IN AND SCHEDULE FULLY PERMITTED FINANCING JANUARY JAN 2026 SRL ORIGINAL FIRST -License granted in January
Slide 9: SRL 25% El Domo Stake Deeply Discounted
SRL 25% EL DOMO STAKE DEEPLY DISCOUNTED Fresh 100% Discovery to redifine Company HIGH PRE-DISCOVERY DISCOVERY STUDY PHASE BUILD OPERATION VALUE Q3 2027 $0.26 JUN 2026 EL DOMO $0.21 FINANCED FEB 2026 NEW PROJECTS $0.07 LOW VALUE JAN 2025 LIFE CYCLE PRE-DISCOVERY > DISCOVERY > STUDY PHASE > BUILD > OP
Slide 10: New Portfolio, New Opportunities
NEW PORTFOLIO, NEW OPPORTUNITIES Additional Land Acquisition through Agreement with SVM - Finalized July 2025 - 100% Ownership Key Assets EL TIGRE 1,3 VMS Polymetalic System 90km NE of the VMS Tambo Grande deposit, Peru. Cascabel TG1: 109 Mt tons of 1.6% Cu, 1.0% Zn, 0.5 g/t Au and 22 g/t Ag 7 TG3 (
Slide 11: Santiago Project
SANTIAGO PROJECT: Early Stage Copper - Gold & Silver in the Miocene Mineral Belt LICENSE Cascabel HISTORICAL SHALLOW DRILLING Llurimagua DETAILS DRILLED BY NEWMONT Hole # From (m) To (m) Width (m) Au (g/t) Cu (%) CuEq (%) 2,350 ha FUD-01 0.61 323.70 323.09 0.40 0.23 0.72 FUD-02 129.05 300.00 170.95
Slide 12: Tarqui Projects (Includes Quimi Concessions)
TARQUI PROJECTS (Includes Quimi Concessions) Strategically located in the Jurassic Copper Belt (Warintza - Mirador). LICENSE DETAILS: 7,547ha. Warintza All permits Quimi Tarqui Mirador up to date LOCATION Located in the province of Morona Santiago, in Ecuador's most promising porphyry copper corrido
Slide 13: Tarqui Project
TARQUI PROJECT: Early Stage Copper -Gold Prospect in Jurassic Metallogenic Belt TARQUI LICENCE DETAILS: YUMI EPITHERMAL VEINS All permits High grade gold and silver epithermal 4,815ha. up to date veins with mineralization related to low- to intermediate sulphidation. GEOLOGY Two outstanding samples:
Slide 14: El Tigre Project
EL TIGRE PROJECT VMS System + Hydrothermal Breccias Hosted in Pillow Lavas. LICENSE MACARA ROCKS SAMPLE DETAILS MUESTRA Au (g/t) Ag (g/t) Cu (PPM) 50461 29.60 512.00 132 300 + 9088 ha. BR-016 22.56 169.90 79 requested BR-012 14.12 310.10 93 Permits for drilling BR-014 11.12 160.90 252 in progress. E
Slide 15: Monja Project
MONJA PROJECT: Cu-Au Porphyry System Located in Southern Ecuador within a Paleocene–Miocene Metallogenic Belt LICENSE ROCK ANOMALY Cu DETAILS 4156 ha. - Cangrejos Portovelo Monja Bramaderos Tambo Grande Río Blanco LOCATION Located in the province of Loja, in southern Ecuador. Within the 1 km Paleoce
Slide 16: Mining Industry in Ecuador
MINING INDUSTRY IN ECUADOR Source: Mirador Mine -EcuaCorriente Active and Resilient Mining Industry $2.4 Billion IN EXPORTS $705 M TAXES $1.8 Billion IN EXPORTS $500 M TAXES *(UNTIL SEPT 2025) Construction underway, advancing Ecuador into Mining Ecuador Strong social CURIPAMBA - EL DOMO multi-asset
Slide 17: Investment Highlights
INVESTMENT HIGHLIGHTS El Domo deposit on track for production – first Au-Cu expected by Mid-2027. New copper-gold exploration portfolio provides discovery upside across multiple targets. SRL trading well below NAV – significant re-rating potential vs. peer group. Long-term value pipeline supported b
Slide 18: Annexes
ANNEXES Q2 2026 SALAZAR RESOURCES LTD.
Slide 19: El Domo - Resources
EL DOMO – RESOURCES Table 1a. Total Mineral Resources for El Domo, Curipamba Project - October 26,2021 (sum of table 1b and 1c) Table 1a. Total Mineral Resources for El Domo, Curipamba Project - October 26,2021 (sum of table 1b and 1c) Reserve Tonnes Cu Pb Zn Au Ag Cu Pb Zn Au Ag Reserve Tonnes Cu P
Slide 20: El Domo - Resources
EL DOMO – RESOURCES Open Pit Resources 10 Mt @ 5% Cu Eq Reserve Tonnes Cu Pb Zn Au Ag Cu Pb Zn Au Ag Category (Mt) (%) (%) (%) (g/t) (g/t) (kt) (kt) (kt) (koz) (koz) Mineral Resources Proven 3.1 2.50 0.2 2.3 2.83 41 78.4 6.7 72.0 285 4,175 Probable 3.3 1.39 0.3 2.67 2.23 50 46.4 9.4 89.4 240 5,342 7
Slide 21: El Domo: Construction Underway
EL DOMO: Construction Underway Polymetallic VMS deposit - Cu/Au/Ag/Pb/Zn UPDATED CAPEX: $284M ~20% of CAPEX Spent in 2025 2.6M m3 moved of Topsoil, Saprolite and Andesite, Site preparation of Process Plant, Roads, TSF, SWD & others. 8.1Km built internal Haul Roads 23.1Km of external Roads repaired 2
Slide 22: El Domo Is A Valuable Financial Asset For SRL
EL DOMO IS A VALUABLE FINANCIAL ASSET FOR SRL Strong future Cash Flows from 25% Share YEAR 1-2 YEAR 3+ 95% - SVM 75% - SVM 13% Net 5% - SRL 25% - SRL ~23,000 Stream Payback TPA CU 20,000 EQ.* 2.6 YEARS* TPA CU Reduced payback with improve metal prices. EQ.* SRL SRL 1,100 TPA CuEq 5,750 TPA CuEq 2.53
Slide 23: Santiago Project
SANTIAGO PROJECT: Early Stage Copper- Gold in the Miocene Mineral Belt SCHEMATIC ALTERATION SECTION OF SANTIAGO CONCESSION Cu ROCKS ANOMALY Au ROCKS ANOMALY LITHOCAP BASE OF LITHOCAP PHYLLIC (SERICITIC) ALTERATION PROPYLITIC ALTERATION LITHOCAP PHYLLIC (SERICITIC) ALTERATION PROPYLITIC ALTERATION ~3
Slide 24: www.salazarresources.com
SALAZAR RESOURCES LTD www.salazarresources.com
Salazar Resources — Investor Presentation (June 2026) on 6ix