Slide 1: LUANGA | Critical Metals for Clean Air
TSXV BRVO OTCQX BRVMF LUANGA | Critical Metals for Clean Air September 2026 Corporate Presentation Multi-Million Ounce Tier 1 Open-Pit PGM + Au + Ni Deposit A member of High-Grade IOCG-Style Massive Sulphide Copper-Gold Discovery in the World Class Carajás Mineral District, Brazil PALLADIUM PLATINUM
Slide 2: Forward-Looking Statement
Forward-Looking Statement This presentation contains “forward-looking information” (also referred to herein as “forward-looking cause the actual results, level of activity, performance or achievements of Bravo and/or the Luanga Project to be statements”) under the provisions of applicable Canadian s
Slide 3: MRE and PEA Technical Disclosure
Mineral Resource Estimate (“MRE”) and Preliminary Economic Assessment (“PEA”) Technical Disclosure All scientific and technical information relating to the Mineral Resource Estimate (“MRE”) of the Luanga Project contained in this presentation is derived from Bravo’s Technical Report, titled “NI 43-1
Slide 4: Investment Thesis
INVESTMENT THESIS Multi-Million Ounce Tier 1 Open-Pit PGE+Au+Ni Deposit & High-Grade IOCG/ISCG-Style Sulphide Cu-Au Discovery in the Right Place, with the Right People and the Right Strategy Multi-Million-Ounce Open Pit PGM+Au+Ni Located in the world-class Carajás deposit + High-Grade IOCG Prospect
Slide 5: Bravo Platform for Growth
BRAVO PLATFORM FOR GROWTH Multi-Million Ounces PGM+Au+Ni Deposit outside of South Africa and Russia High-Grade IOCG-Style Massive Sulphide Copper-Gold Mineralization Discovery LUANGA PROJECT PLACE PGM+Au+Ni Deposit + Cu-Au Prospect Low Economic Hurdle 100% owned subject to 1% royalty to Access and e
Slide 6: Strong Balance Sheet, Clean Capital Structure
STRONG BALANCE SHEET, CLEAN CAPITAL STRUCTURE No Warrants Issued | Supported by renowned resource investors TSXV BRVO | OTCQX BRVMF BRAVO SHARE OWNERSHIP First Day of Trading (IPO price @ $1.75) July 21, 2022 7.8% TEMBO CAPITAL Share Price (as of September 8, 2026) C$3.37 42.7% 6.3% 52 Week High/Low
Slide 7: Disciplined Capital Deployment | Exceptional Value Creation
DISCIPLINED CAPITAL DEPLOYMENT | EXCEPTIONAL VALUE CREATION Driving meaningful project de-risking while preserving financial strength Capital Strength: ~US$137M raised since inception, with ~70% (US$94M) still on the balance sheet Capital Efficiency: Significant project advancement with only ~C$43M
Slide 8: Research Analysts' Target Price
RESEARCH ANALYSTS’ TARGET PRICE Source: Equity Research reports As at September 8, 2026 8 TSXV BRVO | OTCQX BRVMF
Slide 9: Bravo 2nd Largest Market Cap Among Developers
C$ Million - 1,000 1,200 1,400 800 200 400 600 Valterra 32B TSXV BRVO | OTCQX BRVMF 19B Impala Sibanye-Stillwater 13B Northam 11B 2B Zimplats Tharisa 693 Chalice Mining 558 Bravo 462 Producers Sylvania Platinum 432 Platinum Group Metals 280 Developers/Exploration Southern Palladium 254 Generation Mi
Slide 10: Undeveloped PGM Projects Globally at Economic Study Stage
UNDEVELOPED PGM PROJECTS GLOBALLY AT ECONOMIC STUDY STAGE Luanga Highly Benefits from Existing Infrastructure and Open-Pit, High-Grade, Large- Scale Mineral Resources Generation Mining: Marathon Cu-Pd Mine Stage: Feasibility Study Mine Method: Open-Pit Metals: Cu-Ag-Pd-Pt-Au Reserve: 2.6Moz @ 0.64 g
Slide 11: Location Advantage
LOCATION ADVANTAGE Low economic hurdle due to abundant infrastructure | Simple land status | Favourable fiscal regime INFRASTRUCTURE Cu-Au Occurrences Air Rail Road Power Port PARAUAPEBAS: MINING CAPITAL OF PARÁ | Cu-Au (?) Regional centre for mining people, services & logistics EXISTING ESG ATTRIBU
Slide 12: Site Access – Now 100% Paved
Site Access – Now 100% Paved | Power-Lines Along the Road 2022 2023 2023 Luanga Deposit Construction Phase Road along the deposit Power Lines 2023 2025 2025 Paved Road to Site 12 TSXV BRVO | OTCQX BRVMF
Slide 13: Strategy | Continuing De-Risking PGM to PFS + Ni and Cu-Au
STRATEGY | Continuing De-Risking PGM to PFS + Ni and Cu-Au IOCG Prospectivity PGM+AU+NI PROJECT SUBSTANTIALY DE-RISKED | FOLLOW UP IOCG DISCOVERY Maintain development optionality and flexibility SHIFTING TO PGM PFS + RE-ASSAY, PHASE 1 PHASE 2, MAIDEN MRE UPDATED MRE, LP CU-AU TARGETS FOLLOW Complete
Slide 14: Luanga Project
Luanga Project Multi-Million Ounces Open-Pit PGM+Au+Ni Deposit outside of South Africa and Russia Measured & Indicated Inferred 10.4Moz PdEq1 | 158Mt at 2.04 g/t PdEq1 5.0Moz PdEq1 | 78Mt at 2.01 g/t PdEq1 Base Case – Concentrate Sales Alternate Case – Vertical Integration NPV8%: US$ 1.25 Billion NP
Slide 15: Drilling to Date
DRILLING TO DATE Bravo + VALE COMPANY DRILL HOLES METRES DRILLED (as of Sep 8, 2026) VALE 256 50,786 Bravo – 2022 135 23,259 Bravo – 2023 116 30,297 Bravo – 2024 94 19,269 Bravo – 2025 29 4,862 Bravo – 2026 73 20,666 Total Bravo 447 98,353 Bravo + VALE 703 149,139 The table above includes the 8 meta
Slide 16: 2025 MRE | Solid Platform to Support PFS
2025 MRE* | Solid Platform to Support PFS Delineated to an average depth of 250m | Mineralization continues to depths of at least ~450m M&I: 10.4Moz PdEq | 158Mt at 2.04 g/t PdEq** • Includes 10Mt at 1.51 g/t PdEq of Oxide material or 510Koz PdEq Inferred: 5.0 Moz PdEq | 78Mt at 2.01 g/t PdEq** • In
Slide 17: 2025 Mineral Resource Estimate at 0.5g/t Cut-off Grade
2025 Mineral Resource Estimate at 0.5g/t Cut-off Grade* M&I: 10.4 Moz at 2.04 g/t PdEq** | INFERRED: 5.0 Moz at 2.01 g/t PdEq** Summary Table See Slides 59 and 60 for Full Table, and basis of Palladium Equivalent (PdEq) calculation, and Disclaimers MRE Tonnes PdEq PdEq Pd Pt Rh Au 4E PGM Pd Pt Rh Au
Slide 18: Pit Constrained MRE
PIT CONSTRAINED MRE | 86% of Total MRE Tonnage Above 250 metres level from surface PdEq MRE Above 250 metres 94% 61% 250 metres PdEq MRE Below 250 metres M&I Inferred TSXV BRVO | OTCQX BRVMF 18
Slide 19: Luanga | A Large Mineralized System
LUANGA | A Large Mineralized System ~8.1 km long mineralized envelope | 86% of Current MRE tonnage down to only ~250 metres Deeper drilling intersected mineralization down to ~450m in North and Central Sectors The surface projection of Luanga’s mineralization is shown in red 1 250 BRAVO CAMP m 1 Nor
Slide 20: Deeper Drilling Shows Deposit Gets Thicker at Depth
DEEPER DRILLING SHOWS DEPOSIT GETS THIKER AT DEPTH Resource Growth Potential at Depth Open Open TSXV BRVO | OTCQX BRVMF 20
Slide 21: 2026 PGM+Au+Ni Field Season
2026 PGM+Au+Ni FIELD SEASON Infill, Extensional at Depth and Regional Exploration Drilling 28,000m Planned | 4 Drill Rigs Geophysical Survey Program 28,000m drilling underway 4 rigs = 22,000m Infill/extensional: upgrade resources to M&I + add Inferred + 6,000m regional exploration/deep holes growth
Slide 22: 2025 Preliminary Economic Assessment Summary
2025 PRELIMINARY ECONOMIC ASSESSMENT SUMMARY Establishes Luanga as one of the largest undeveloped open-pit PGM projects globally Multi-Million-Ounce PGM+Au+Ni Resource with 17-year Potential Open-Pit Large- Scale Operation One of the largest undeveloped shallow PGM deposits globally Solid Economics
Slide 23: PEA Investigated Two Scenarios
PEA Investigated Two Scenarios Base Case: Concentrate Sales | Alternate Case: Vertically Integrated BASE CASE ALTERNATE CASE CONCENTRATE SALES VERTICALLY INTEGRATED Flotation concentrate sales to a third-party Addition of downstream processing due to the anticipated production scale and long LOM of
Slide 24: 2025 PEA Economic Outcomes
2025 Preliminary Economic Assessment Economic Outcomes Capex/NPV Avg. FCF NPV8% IRR% Payback Ratio per Year Concentrate Sales Scenario US$ 1.25 US$ 143.1 49.7% 2.4 Years 0.40x Billion Million (Base Case) Vertical Integration US$ 1.86 US$ 216.8 Scenario 49.6% 2.4 Years 0.36x Billion Million (Alternat
Slide 25: 2025 PEA Economic Outcomes Detail
2025 Preliminary Economic Assessment Economic Outcomes Base Case Alternate Case PEA Financial Outcome Unit (Concentrate Sale) (Vertical Integration) Avg. Annual Net Revenue US$ Million $643.7 $788.7 Avg. Annual Free Cash Flow US$ Million $143.1 $216.8 Total Initial Capex* US$ Million $495.8 $677.6 L
Slide 26: PEA 17 Years of Life of Mine
2025 Preliminary Economic Assessment Production & Mineral Resource Parameters Annual Production 255 Koz 158 Koz 15 Koz 8.5 Koz 8,549 Tonnes M&I Resources* 5.0 Moz 3.1 Moz 0.45 Moz 0.26 Moz 195 Kt Inferred Resources* 2.4 Moz 1.5 Moz 0.20 Moz 0.13 Moz 98 Kt Revenue Contribution by 40% 29% 11% 3% 16% C
Slide 27: PEA Production Profile
2025 Preliminary Economic Assessment Production Profile – Contained Metal in Concentrate 4PGM | Pd+Pt+Rh+Au Nickel ‘000 Ounces Tonnes TSXV BRVO | OTCQX BRVMF 27
Slide 28: Bravo Commodity Mix: When Precious Meets Critical
BRAVO COMMODITY MIX: WHEN PRECIOUS MEETS CRITICAL Mix offers economic resilience across commodity cycles Diversified revenue mix: Nickel, 16% • Strong and well-balanced exposure to Palladium, Platinum, Rhodium, and Nickel, complemented by Gold Gold, 3% by-product credits. Palladium, 40% Dual exposur
Slide 29: NPV @ 8% Sensitivity Analysis
2025 PEA Sensitivity Analysis | Using May 6 Spot Prices Positioned to withstand commodity cycles and to capitalize on the improving fundamentals of the PGM markets US$ 3.0B US$ 2.8B +51% US$ 2.5B +60% Spot Prices US$ 2.0B PEA Prices Change % US$ 2.0B US$ 1.9B (Sep 8, '26) NPV @ 8% Platinum (Pt) $1,5
Slide 30: Project Attributes for Development
2025 Preliminary Economic Assessment Project Attributes for Development Alongside paved roads and power transmission lines Anthropized area – no forest Selected Area for Plant Location* Gentle topography Access to existing infrastructure: hydro power, transmission lines water, roads, rail, port and
Slide 31: LP (Licença Prévia) Granted on March 3, 2025
LP (LICENÇA PRÉVIA) GRANTED ON MARCH 3, 2025 Successful Public Hearing held on December 12, 2024 (Municipality of Curionópolis, Pará State) LP is the most critical, time-consuming and challenging to secure Defines the project's fundamental parameters and requires both environmental feasibility and s
Slide 32: ZPE | Barcarena Free Trade Zone Assigned to Bravo
ZPE | BARCARENA – FREE TRADED ZONE ASSIGNED TO BRAVO Supports Bravo’s Alternate Case (Vertical Integration) outlined in the Luanga Project’s PEA Benefits: Advantages in the form of fiscal and taxation benefits First mineral project to ever anchor a ZPE in Brazil Vila do Conde Port: a global and esta
Slide 33: Luanga Metallurgy – De-risked by Vale, Improved by Bravo
LUANGA METALLURGY – De-risked by Vale, Improved by Bravo Luanga material amenable to producing marketable flotation concentrates Sulphide: Pt 81%, Pd 77%, Rh 51%, Au 48%, Ni 50% BRAVO TESTWORK Metallurgical recoveries used in the MRE* Oxide: Au 90%, Pd 81%, Rh 54%, Pt 23% for an ≥80g/t concentrate *
Slide 34: Luanga Metallurgy | Current Status Post MRE
LUANGA METALLURGY | Current Status Post MRE Luanga material amenable to producing marketable flotation concentrates Comminution Development • Extension comminution test work completed with Metso Brazil to support circuit engineering designs. • Work completed on global composites for N, Central and S
Slide 35: Luanga Metallurgy | Jameson Cells Testwork
LUANGA METALLURGY | Jameson Cells Testwork Positive Initial Results from Flotation Test Work PGM recoveries improved by 5 - 10% while nickel improved 5 - 30% above baseline conventional cell recoveries, while mass pull reduced by up to 50% 35 TSXV BRVO | OTCQX BRVMF
Slide 36: Newly Created Copper-Gold Division
Newly Created Copper-Gold Division Led by Fabio Masotti: 30+ years global mining experience across 20+ countries; 31 years at Vale (up to Exploration Director) 11.48m at 14.3% Cu, 3.3g/t Au including 2.9m at 22.9% Cu, 3.6g/t Au 8.75m at 9.48% Cu and 2.1g/t Au High-Grade IOCG-Style Massive Sulphide C
Slide 37: Luanga Located Within Trend of Major IOCG Deposits
Luanga Located Within Trend of Major IOCG Deposits References to active mines and other mineral projects is for illustration purposes only. There can be no assurances the Company will achieve comparable results. IOCG Deposits in the Carajás Region Source: See last slide on this presentation TSXV BRV
Slide 38: Ni and Cu Sulphide Prospectivity
Ni and Cu Sulphide Prospectivity: Massive Nickel Sulphide Discovery Prompted Detailed HeliTEM Program, BHEM and Interpretation AUGUST 3, 2022 - Bravo Intercepts Massive Sulphide Mineralization at its Luanga (PGM + Au + Ni) Project 1st DDH22LU47: 11m @4.24g/t PGM+2.04% Ni and 1.23% Cu from 131.1m inc
Slide 39: T5 - DDH2405T002 | 11.48m at 14.3% Cu and 3.3g/t Au
T5 - DDH2405T002 | 11.48m at 14.3% Cu and 3.3g/t Au First Assay Result From First Drilled EM Anomaly Post HeliTEM and Bore-hole Electromagnetic (“BHEM”) FROM (m) TO (m) LENGTH (m) Cu % Au g/t 165.62 166.60 0.98 11.04 5.22 166.60 167.50 0.90 12.61 1.45 167.50 168.50 1.00 23.62 6.39 168.50 169.45 0.95
Slide 40: T5 - DDH2405T004 | 8.75m at 9.48% Cu and 2.1g/t Au
T5 - DDH2405T004 | 8.75m at 9.48% Cu and 2.1g/t Au 2nd Drill Hole - Completed 50m to the east of DDH2405T002 Supports the IOCG-style mineralization intersected in DDH2405T002 to the west and appears to confirm the continuity of the sulphide mineralization. Remains open along strike and up and down d
Slide 41: T5 Drilling Status
T5 DRILING STATUS ~300m Mineralized Strike (so far) 11.48m at 14.3% Cu, 3.3g/t Au 28 drill holes | 5,926m so far Discovery Hole Typical mineralization of iron oxide copper-gold (IOCG)-style deposits Recent drilling confirmed up-dip extensions of Cu- Au mineralization 3D geological and structural mod
Slide 42: IOCG/ISCG Corridor
IOCG/ISCG CORRIDOR New HeliTEM targets along the WNW-ESE trending corridor 42 TSXV BRVO | OTCQX BRVMF
Slide 43: Copper-Gold Division Strategy
Copper-Gold Division Strategy Team Luanga • Proven track record in Carajás Ongoing Exploration Execution • Exploration, permitting, licensing and development JV / Earn-In Acquisition on mid-tier+ Bravo’s Cu-Au Exploration of deposits held Portfolio 3rd party Technology by Majors tenements • Use of a
Slide 44: Copper-Gold Division Strategy
Copper-Gold Division Strategy Carajás Copper Endowment Processing Optionality One of the world’s premier IOCG provinces, hosting significant copper resources Opportunity to feed ore into existing third-party processing plants Underexplored Potential Organic Growth Most historical work by Vale focuse
Slide 45: Luanga Tenement Copper-Gold Mineralization
LUANGA TENEMENT COPPER-GOLD MINERALIZATION Cu-Au Geology Cu-Au occurrences outside the Luanga Complex fit into the ISCG model. Occurrences are hosted in shear zones, characterized by the ISCG/IOCG paragenetic sequence and hydrothermal alteration. ISCGs lack the characteristic Fe-oxides of IOCGs, whi
Slide 46: Priority Targets Selection
PRIORITY TARGETS SELECTION First interpretation selected 54 targets 12 Cu-Au Targets Prioritized • Proximity to major shear- zone, traditional structures hosting IOCG/ISCG deposits • Airborne magnetic highs linked to IOCG alteration • Airborne Electromagnetic and ground microgravity anomalies • IOCG
Slide 47: 2026 Cu–Au Exploration Program
2026 Cu–Au EXPLORATION PROGRAM Systematic advancement of Cu–Au targets Updated geology: Cu–Au occurrences interpreted as ISCG, consistent with Carajás mineral systems Target refinement via mapping + expanded soil & rock geochemistry ~50 line-km deep-IP (>300m depth) + TEM follow-up on priority targe
Slide 48: 2026-2027 Cu–Au Exploration Program
2026-2027 CU–AU EXPLORATION PROGRAM Systematic advancement of Cu–Au targets Phase 1 – March 26 – March 27 • Objective: Better refine existing targets, generate new targets, drill test targets, define mineralization of economic potential. • Targets: Orion-Babylon-T5, Taurus-Pernambuco, Lizard, Gemini
Slide 49: Cu-Au Opportunity Evaluation
Cu-Au OPPORTUNITY EVALUATION Systematically Screening the Carajás District for Strategic Opportunities 49 TSXV BRVO | OTCQX BRVMF
Slide 50: Key Value Drivers and Milestones
Key Value Drivers and Milestones Catalysts in the year ahead PGE+Au+Ni Division Copper-Gold Division 2026-2027 Feb-Sep 2026: Ongoing PGM Drilling | Cu-Au Target Preparation Q2’2026: Metallurgical Results Q3’2026: Pre-Feasibility Study Q4’2026: Copper-Gold Drilling Start Q4’26-Q1’27: LI – Installatio
Slide 51: Bravo – People, Project, Place, Strategy
BRAVO – People, Project, Place, Strategy Fully funded to execute on Cu-Au Exploration, PGM Resource Expansion, Continued Met Tests, Permitting and Economic Study PEOPLE PROJECT Fit for purpose team Tier 1 asset due to quality, scale and location Brazilian permitting, exploration, development and ope
Slide 52: For additional information contact
TSXV BRVO OTCQX BRVMF For additional information contact: ALEX PENHA EVP Corporate Development info@bravomining.com www.bravomining.com | LinkedIn @BravoMining | Twitter X @BRVOMining | YouTube Bravo Mining PALLADIUM PLATINUM RHODIUM GOLD NICKEL COPPER Pd Pt Rh Au Ni Cu
Slide 53: Appendices
TSXV BRVO OTCQX BRVMF APPENDICES PALLADIUM PLATINUM RHODIUM GOLD NICKEL COPPER Pd Pt Rh Au Ni Cu
Slide 54: Social Responsibility
SOCIAL RESPONSIBILITY Not just a moral obligation, but a crucial component of Bravo’s business success Bravo’s Nursery Distribution of Uniforms Christmas Food Drive Our partnership with local communities have been instrumental in securing social license and building a positive reputation Planting th
Slide 55: ESG – Trust is the Rarest Commodity
ESG – Trust is the Rarest Commodity Foundation of Bravo ESG Board Committee Environmental Social Governance WATER/LAND IMPACT PEOPLE INDEPENDENCE Disturbed land, predominantly used Brazilian employees & contractors: 80% of Board that is majority independent for cattle grazing workforce are residents
Slide 56: Leadership Strategy – Fit for Purpose Board
LEADERSHIP STRATEGY – Fit for Purpose Board Global, Brazilian and PGM exploration, permitting, development, finance, construction and operation expertise LUIS MARGOT TONY STEPHEN STUART AZEVEDO NAUDIE POLGLASE QUIN COMLINE Executive Chairman & CEO Independent Director Independent Director Independen
Slide 57: Leadership Strategy – Brazilian Expertise Key to Success
LEADERSHIP STRATEGY – Brazilian Expertise Key to Success Brazilian and PGM, financial, exploration, permitting and development expertise SIMON MANOEL ALEX HEINRICH PAULO ILIDIO FABIO MOTTRAM CERQUEIRA PENHA MÜLLER DE BRITO MASOTTI President CFO EVP Corp. Dev. VP Technical Services VP Exploration Lea
Slide 58: Bravo Technical and Metals Marketing Team
BRAVO Technical and Metals Marketing Team Exceptional professionals with test-design-build success track-records across the industry SR. CHEMICAL ENGINEER +40 years of experience as metallurgist including PGM - Lonrho/Lonmin. Previously with Wayne Philips Kinross (Director – Technical), Avanco Resou
Slide 59: 2025 PEA Production Plan, Recoveries and Price Assumptions
2025 Preliminary Economic Assessment Mine and Processing Production Plan, Recoveries, Payabilities and Price Assumptions LOM Throughput Price Assumptions US$ Peak Process Plant tpd 27,700 Pd $1,271/Oz 4PGM LOM Throughput Mt/year 10.1 Pt $1,500/Oz Basket Price: tpd 283,900 Rh $6,000/Oz Peak Mining Ra
Slide 60: 2025 PEA CAPEX & OPEX
2025 Preliminary Economic Assessment CAPEX & OPEX Initial Total CAPEX Sustaining OPEX Unit US$ CAPEX CAPEX Mining Preparation 4.1 4.2 8.3 Mine OPEX US$/t processed 22.80 Accesses 1.5 0.0 1.5 Equipment Mob/Demobilization 1.1 13.7 14.8 Process OPEX US$/t processed 12.12 Pre Stripping 25.0 0.0 25.0 Fre
Slide 61: Strong Mineral Resource Update | Feb 18th 2025
STRONG MINERAL RESOURCE UPDATE | FEB 18TH 2025 2023 Maiden MRE vs. 2025 MRE | Increase in Tonnes, Grades and Confidence Levels Substantially increased M&I Tonnage Substantial Increase in M&I from Inf. Conversion + Expansion Higher M&I Grades (PdEq1) Metal Content1 Inferred Tonnage Conversion to M&I
Slide 62: Luanga Project 2025 MRE Overview
LUANGA PROJECT 2025 MRE OVERVIEW Established as one of the few large-scale, multi-million-ounce, open-pit PGM deposits available globally Multi-Million, Higher Confidence 1 MRE Metals Value Contribution 1 Significant MRE Conversion to M&I Category 2023 2025 MRE MRE (1) For grades by individual metal
Slide 63: Luanga Metallurgy | Jameson Cells Testwork
LUANGA METALLURGY | Jameson Cells Testwork Positive Initial Results from Flotation Test Work Jameson Cell testing delivered encouraging recovery-to-mass pull performance relative to the traditional rougher flotation previously recorded. Results exceed data generated using conventional laboratory sca
Slide 64: 2025 Mineral Resource Estimate at 0.5g/t Cut-off Grade
2025 Mineral Resource Estimate at 0.5g/t Cut-off Grade M&I: 10.4 Moz at 2.04 g/t PdEq | INFERRED: 5.0 Moz at 2.01 g/t PdEq Average Grades and Contained Metals Estimates Resource Classification Weathering Tonnes Pd Eq Pd Pt Rh Au Ni Mt g/t Oz g/t Oz g/t Oz g/t Oz g/t Oz % Tonnes Oxide 4 1.51 197 0.90
Slide 65: 2025 MRE Notes
2025 MRE NOTES * Notes: 1. Mineral resources are reported using the 2014 CIM Definition Standards and were estimated in accordance with the CIM 2019 Best Practices Guidelines, as required by National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). 2. This MRE includes I
Slide 66: Undeveloped PGM Projects: Info Source
UNDEVELOPED PGM PROJECTS GLOBALLY AT ECONOMIC STUDY STAGE: Info Source Company: Project Info Source: Chalice Mining: Julimar https://chalicemining.com/wp-content/uploads/2026/02/2026-02-25-Chalice-Corp-Presentation.pdf Future Metals: Panton https://api.investi.com.au/api/announcements/fme/b9efaafe-4
Slide 67: IOCG Deposits in the Carajás Region: Info Source
IOCG Deposits in the Carajás Region: Info Source DEPOSIT SOURCE WEB LINK https://api.mziq.com/mzfilemanager/v2/d/53207d1c-63b4-48f1-96b7- Salobo Form 20-F - 2024 - 29/03/2025 page 94 19869fae19fe/df3a358f-454f-7ee4-a25d-e35a61922347?origin=1 The Gameleira Copper-Gold Deposit, Serra dos Polo (Pojuca