Capella Minerals Limited · TSXV:CMIL

Capella Minerals — Investor Presentation (September 2025)

26 slides from Capella Minerals's investor presentation, September 2025

  1. Slide 1: Developing High-Grade Gold & Copper Projects in Scandinavia through Strategic Partnerships

    OTC Pink: CMILF TSX.V: CMIL FRA: N7D Developing High-Grade Gold & Copper Projects in Scandinavia through Strategic Partnerships September, 2025 Killero Au-Cu Project, Northern Finland Complementing Global Exploration Success with Mine Building and Operating Skills

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements This document may contain "forward-looking statements" within the meaning of Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this document and Capella Minera

  3. Slide 3: Capella - Tümad Strategic Partnership

    Capella - Tümad Strategic Partnership Tümad Definitive Agreement Announced on September 2, 2025 • Tümad Earn-In Option on Capella’s highly-prospective portfolio of Scandinavian precious and base metals • Mandatory Year 1 commitment includes 8,000m of drilling on the advanced exploration-stage Hessjø

  4. Slide 4: Capella’s Scandinavian Portfolio and Partnerships

    Capella’s Scandinavian Portfolio and Partnerships Focus on High-Grade Gold and Copper Projects Tümad Partnership Northern Finland Teako Partnership Gold-Copper (CLGB) Kittila Au Mine1 • 5 granted Exploration Kjeldebotn Cu-Co-Zn Licences (EL’s) in Central Lapland Greenstone Belt • 3 drill-ready proje

  5. Slide 5: Capella’s Project Portfolio

    Capella’s Project Portfolio Favourable Jurisdictions, Management with Track Record of Success Hessjøgruva Cu-Co-Zn VMS, Norway (100% Capella) Resource - 12,035m Historical Drilling Definition Northern Finland Au-Cu (Capella 70%; Earn-In to 80%) - Killero E, Killero W, Saattopora W Drill Ready / Åmot

  6. Slide 6: Capella’s Capital Structure

    Capella’s Capital Structure September 1, 2025 Common Shares Outstanding 39 M Equities Portfolio Options Nil Teako Minerals Corp (CSE: TMIN) - 3.5M common shares Warrants (Av. price $C 0.36) 3.9 M Grit Metals Corp (TSX.V: FIN) – 0.5M common shares Market Capitalization $C2M NSR’s Major Shareholders 1

  7. Slide 7: Capella’s Leadership & Experience

    Capella’s Leadership & Experience A Proven Track Record of Success Through Discovery Senior Management Eric Roth – President & CEO, Director Board of Directors  35 years Global Experience in Mining / Exploration  COO of Mariana Resources (acquired for US$175M in 2017) Eric Roth – President & CEO,

  8. Slide 8: Capella’s Leadership & Experience

    Capella’s Leadership & Experience Greenfields Exploration Successes – Past 20 Years Northern Finland Au-Cu Exploration Hod Maden Au-Cu Ergama Au-Cu Mariana Acquired by Sandstorm for Advanced Exploration $US175M, Mine Build in Progress La Colosa Au (AGA) Pre-Development Odienne Au-Cu Advanced Explora

  9. Slide 9: Northern Finland Gold-Copper Projects

    NORTHERN FINLAND GOLD-COPPER PROJECTS Central Lapland Greenstone Belt Saattopora W Au-Cu Project, Northern Finland 9

  10. Slide 10: Northern Finland Gold-Copper Projects

    Northern Finland Gold-Copper Projects Geological Survey of Finland – Bulletin 406 (2018) Northern Finland Projects Kittila Gold Mine (Agnico) • Capella initial 70% interest, earn-in to 80% Ikkari Gold (Rupert) Sakatti Cu-Ni-PGE • Gold-copper projects located along highly-mineralized (AngloAmerican)

  11. Slide 11: Northern Finland Gold-Copper Projects

    Northern Finland Gold-Copper Projects Targeting Orogenic Gold-Copper Deposits Area of Figure 1 Exploration Licences (Drill Permits) • Killero E (Priority 1) - Historical Saattopora Au-Cu Mine AngloAmerican Au-Cu anomaly Saattopora W Killero Cu-Au from “Base of Till” (“BoT”) Till Anomalies geochemica

  12. Slide 12: Northern Finland Gold-Copper (Cullen JV)

    Northern Finland Gold-Copper (Cullen JV) Priority Killero Target - AngloAmerican “Base of Till” Cu-Au Anomalies Area of Figure 1 Killero Cu-Au Till Anomalies 5,962ppm Cu / 145ppb Au Interpreted Mafic (Tholeiitic) Volcanic Rocks 12

  13. Slide 13: Northern Finland Gold-Copper Projects

    Northern Finland Gold-Copper Projects Saattopora W (NW Extension to Saattapora Mine) Saattopora W Au-Cu Mineralization Former Saattopora Open Pit 13

  14. Slide 14: High-Grade Cu-Co-Zn VMS Projects, Trøndelag, Central Norway

    HIGH-GRADE Cu-Co-Zn VMS PROJECTS TRONDELAG, CENTRAL NORWAY Rødalen Mine, Kongensgruve 14

  15. Slide 15: Capella’s Central Norway VMS Projects

    Capella’s Central Norway VMS Projects • Hessjøgruva District (Northern Røros; Tümad Strategic Partnership) • Definitive Agreement with Tümad Madencilik announced on September 2, 2025. • 80 sq. km of exploration / mining claims covering the Hessjøgruva deposit and Kongensgruve mining district • Hessj

  16. Slide 16: Capella’s Trøndelag Cu-Co-Zn Portfolio

    Capella’s Trøndelag Cu-Co-Zn Portfolio Location Map and Key Infrastructure Trondheim International Airport Trondheim (Regional Capital) Orkanger (Deepwater Port) Trondheim-Røros-Oslo Sweden Løkken Highway / Rail Mining District Northern Kjøli Røros Trondheim-Oslo Mining District Kongensgruve Norway

  17. Slide 17: Hessjøgruva Cu-Co-Zn VMS Project

    HESSJOGRUVA Cu-Co-Zn VMS PROJECT Advanced-Stage Exploration Project Former Cu Concentrator, Kongensgruve 17

  18. Slide 18: Hessjøgruva – Kongensgruve District

    Hessjøgruva – Kongensgruve District Building a High-Grade Copper-Cobalt-Zinc Mining District Muggruva Hessjøgruva Highway & • Exploration & drilling Railway programs in the 1970’s • Multiple VMS lenses, Christianus Sextus Lens A most explored. (Historical Mine) Mineralization is open down-dip. Storh

  19. Slide 19: Hessjøgruva Cu-Zn-Co VMS Project

    Hessjøgruva Cu-Zn-Co VMS Project Advanced-Stage Exploration Project (100% Capella) Hessjøgruva Project - Overview • Extensive exploration undertaken in 1970’s, including 12,035 m of core drilling in 67 holes • Cu-Zn massive sulfide deposit with elevated Co Kongensgruve Area – Rødalen Mine • Strong c

  20. Slide 20: Hessjøgruva Cu-Zn-Co VMS Project

    Hessjøgruva Cu-Zn-Co VMS Project Advanced-Stage Exploration Project (100% Capella) DDH-240 – 1.7% Cu + 2.0% Zn + 0.1% Co • High-grade mineralization remains open down dip, copper grades increase with depth 20

  21. Slide 21: Hessjøgruva Cu-Zn-Co VMS Project

    Hessjøgruva Cu-Zn-Co VMS Project 3D Wireframe for Lens A Mineralization Lens B Legend Historical Drilling DDH-240 – 1.7% Cu + 2.0% Zn + 0.1% Co Lens A Permitted Drilling View to N 0 100m (Summer, 2025) • 12,035m Historical Drilling (1970’s); 4,000m Drilling Permitted for 2025 21

  22. Slide 22: Løkken Cu-Co-Zn VMS Project

    LOKKEN Cu-Co-Zn VMS PROJECT Teako Strategic Partnership Former Dragset Mine, Løkken District 22

  23. Slide 23: Løkken Cu-Co-Zn District

    Løkken Cu-Co-Zn District Teako Strategic Partnership • Strategic partnership with Teako Minerals Corp. announced August 19, 2024 • 5 Cu-Co-Zn targets defined on Capella’s Løkken properties, with the drill-ready Åmot target being highest priority. • Capella retains 10% carried- to-production interest

  24. Slide 24: Løkken Cu-Zn-Co VMS Project

    Løkken Cu-Zn-Co VMS Project Resource Generation Program Løkken Project - Overview • 5 Cu-Co-Zn targets prioritized • Drilling underway at Fjellslett Åmot and Høydal Løkken Åmot Mine Høydal Halsetasen Grefstofjellet 24

  25. Slide 25: Capella – Value Drivers

    Capella – Value Drivers Advancing Capella’s Gold and Copper Portfolio • Tümad Strategic Partnership • Mandatory 12,000m of drilling on Hessjøgruva and Northern Finland projects over next 12 months • Teako Strategic Partnership • Initial drilling at Åmot and Høydal Cu-Co-Zn VMS targets (Løkken) compl

  26. Slide 26: Contacts

    Contacts Website: www.capellaminerals.com Email: info@capellaminerals.com Contact: Eric Roth - President & CEO Karen Davies - VP Shareholder Relations and Corporate Development Former Løkken Copper Concentrator 26

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