South Atlantic Gold, Inc. · TSXV:SAO
South Atlantic Gold — Investor Presentation (February 2026)
23 slides from South Atlantic Gold's investor presentation, February 2026
Slide 1: Exploring for Gold in Brazil
PEDRA BRANCA PROJECT • CEARÁ, BRAZIL Exploring for Gold in Brazil Unlocking potential across a 50 km mineralized trend in a district-scale land package. TSX-V: SAO February 2026 Investor Presentation
Slide 2: Cautionary Statements
Cautionary Statements FORWARD-LOOKING INFORMATION This presentation includes "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements other than statements of historical facts included in this presentation, including, without limitation, those re
Slide 3: Project Location & Infrastructure
Project Location & Infrastructure Pro-Business Environment Located in the mining-friendly state of Ceará, with strong government support and secure tenure. Excellent Accessibility Accessible via paved road, just 280 km via highway BR- 020 to the state capital of Fortaleza. Robust Infrastructure Powe
Slide 4: Pedra Branca at a Glance
Pedra Branca at a Glance NI 43-101 MAIDEN RESOURCE LAND PACKAGE MINERALIZED TREND 180,000 oz Au 52,828 ha 50km Inferred Resource(1) Dominant position covering the entire Troia Continuous shear zone hosting 13+ Greenstone Belt exploration targets 4 Mt @ 1.38 g/t Au Mineralization starts at surface EX
Slide 5: Pedra Branca: Geological context
Pedra Branca: Geological context NI 43-101 Pedra Branca PEDRA BRANCA IS IN AMBHIBOLITE FACIES HYPOZONAL GOLD
Slide 6: Geological Potential – Pedra Branca is a big property
Geological Potential – Pedra Branca is a big property Cadillac Fault Zone Pedra Branca Project QUEBEC/ONTARIO, CANADA All claims held by South Atlantic Gold ~60km Trend ~50 km Trend Under-explored district-scale opportunity Mature, world-class mining district
Slide 7: Property overview with total mag
Property overview with total mag North Block Zoom Igrejinha Drilling Intercepts: PBRC051 - 32m @ Au 4.127 g/t (From 14m). Incl. 1m @ Au 6.34 g/t (From 14m) PBTR006 - 4.1m @ Au 3.218 g/t. Incl. 1m @ Au 8.42 g/t (Trench) PBTR009 - 6m @ Au 7.193 g/t. Incl. 5m @ Au 8.21 g/t (Trench) Queimadas Drilling I
Slide 8: North block overview
North block overview Exploration Targets (Drilling) 212 drill holes @ 13,936m Queimadas 19m @ 4.75 g/t Au incl. 7.9m @ 9.66 g/t Au 16m @ 3.27 g/t Au incl. 2m @ 19.44 g/t Au 17.05m @ 1.54 g/t Au incl. 1.95m @ 7.6 g/t Au Mirador 18m @ 3.81 g/t Au incl. 3.0m @ 14.97 g/t Au 5.1m @ 4.46 g/t Au incl. 2.14
Slide 9: Three Core Targets – Snapshot
Three Core Targets – Snapshot 01 02 03 Queimadas Mirador Igrejinha DEPTH DRILLING HIGH POTENTIAL FOR NEW FINDINGS NEW DISCOVERY OPPORTUNITY Shallow resource with clear down- Consistent shallow mineralization with Gold veins confirmed at surface plunge potential (~45° NW). select high-grade quartz ve
Slide 10: #1: Queimadas long section: max depth = 85m
Target #1: Queimadas long section: max depth = 85m (!) Long Section Queimadas Target – View of Vertical Section A - A’ (Orientation S20W to N20E – Corridor 25m) Mineral Resources Baseline A (S20W) (1.24 g/t Au) A’ (N20E) FCQ007 FCQ008 FCQG001 FCQ002 PBRC017 PBRC019 FCQ001 PBRC020 FCCG001 PBTR027 PBT
Slide 11: #1: Mag at Queimadas
Target #1: Mag at Queimadas Zoom in at Queimadas Zoom in at Queimadas (Mag 2nd derivative) (Total mag) Igrejinha Queimadas Drilling highlights: FCC003 - 5.9m @ Au 3.56 g/t (From 49.1m). PBRC043 - 11m @ Au 3.373 g/t (From 4m). FCW006 - 11.1m @ Au 1.467 g/t (From 8.9m). FCC002 - 12.8m @ Au 7.383 g/t (
Slide 12: #1: Queimadas mag high inversion down plunge
Target #1: Quemadas mag high inversion down plunge
Slide 13: #2: Drilling at Mirador Target
Target #2: Drilling at Mirador Target FMC008 - 3.1m @ Au 14.816 g/t (From 4.1m). Igrejinha FMC014 - 5.1m @ Au 1.899 g/t (From 26.2m). FMC005 - 3.9m @ Au 11.757 g/t (From 9.2m). Incl. 1m @ Au 5.04 g/t (From 29.2m) FMC010 - 2.1m @ Au 2.96 g/t (From 29.7m). Incl. 1m @ Au 3.82 g/t (From 29.7m) FMC002 -
Slide 14: #2: Stream Sed Anomaly at Mirador
Target 2: Stream Sed Anomaly at Mirador ↑ Inset: Drill intercepts colour-coded by gram-meters. Mag background. ← Stream sed anomaly, topo background. Note the two sed trains that light up suddenly then trail off. Potential source noted in white. Reported intervals are downhole lengths. True widths h
Slide 15: #2: Results at Mirador Target
Target #2: Results at Mirador Target Mirador Target (East and West) Relevant Drilling Intercepts on Mirador West Relevant Drilling Intercepts on : Mirador East : 1. Diamond Drilling: FMSW02 - 7.5m @ Au 0.763 g/t (From 19.8m) 1. Diamond Drilling: FMW002 - 3m @ Au 1.644 g/t (From 31.15m) FMC001 - 42.6
Slide 16: #3: Igrejinha Target
Target #3: Igrejinha Target High-Grade Discovery TRENCH RESULT 10m @ 3.99 g/t Au TRENCH RESULT Mirador hill 27m @ 0.73 g/t Au Stream Anomaly Source area?? Visible Gold at Igrejinha Target - Quartz Vein Outcrop
Slide 17: #3: Igrejinha Target
Target #3: Igrejinha Target Igrejinha Zoom in at Igrejinha Queimadas PBTR009 - 6m @ Au 7.193 g/t PBTR006 - 4.1m @ Au 3.218 g/t PBRC051 - 32m @ Au 4.127 g/t (From 14m). MIrador Intercept Criteria: Interval > 1.0m @ > 1.0 Au g/t. Including >1m @ > 3.0 Au g/t
Slide 18: #3: Igrejinha Target
Target #3: Igrejinha Target Geological Setting Gold mineralization occurs in alteration zones associated with pyrrhotite and late-stage quartz veins. The presence of visible gold in outcrop and trench samples suggests a high-grade component that warrants detailed follow-up drilling to define plunge
Slide 19: Total Exploration Budget
Total Exploration Budget Drilling Program US$ 1,200k Corporate & Governance US$ 320k US$ 2.0 Million 8 MONTHS EXPLORATION SCOPE (5 MONTHS) PERIOD OF 10 MONTHS COST BREAKDOWN AFTER MOBILIZED BUDGET ALLOCATION Includes technical consultancy, governance 2 Drill Rigs Drilling: $900k compliance, reportin
Slide 20: Management & Board of Directors
Management & Board of Directors Douglas Meirelles Marcelo Batelochi (P.Geo) Terese Gieselman DM PRESIDENT, CEO AND DIRECTOR MB LEAD GEOLOGIST TG CFO & CORPORATE SECRETARY Over 20 years of leadership in mining across 30 years exploring for gold, iron, and base 35 years with TSX/TSXV/US-listed junior
Slide 21: Very Tight Capital Structure
Very Tight Capital Structure SHARE PRICE TICKER Ownership Breakdown SAO TSX-V C$ 0.07 Strong shareholder support & tight float Feb 2026 Ticker TSX-V: SAO Share Price (Feb 2026) C$0.07 52-Week Trading Range C$0.02 – C$0.075 Basic Shares Outstanding 109,69M 10 Day Avg Vol. 274K Options 2.8M FD Shares
Slide 22: Why Brazil? An Under-Explored Opportunity
Why Brazil? An Under-Explored Opportunity Under-Explored Jurisdiction Established Framework Consolidation Potential A long history of mining with a dedicated Brazil holds vast mineral potential yet remains Significant opportunity for the amalgamation of agency (ANM) integrated into the significantly
Slide 23: Thank you for your interest.
TSX-V: SAO Thank you for your interest. WEBSITE INVESTOR RELATIONS PHONE SouthAtlanticGold.com IR@SouthAtlanticGold.com +1-250-762-5777 South Atlantic Gold Inc. | Head Office: Kelowna, BC, Canada
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