Slide 1: Lithium & Boron Critical Mineral Exploration in North America
CSE:CRC OTC:CNRCF FRA: 6O1 Lithium & Boron Critical Mineral Exploration in North America Corporate Presentation July 2024 CanterResources.com
Slide 2: Disclaimers & Forward Looking Statements
Disclaimers & Forward Looking Statements This presentation of Canter Resources Corp. (“Canter Resources” or the “Company”) is Technical Information dated June 2024. It is information in a summary form and does not purport to be complete. It is not intended to be relied upon as advice to investors or
Slide 3: Our Mission
Our Mission Our mission is to responsibly explore and develop the critical resources necessary for the clean energy transition. We recognize the vital role that lithium and boron play in enabling the technologies of the future, including electric vehicles, renewable energy, and energy storage. We ai
Slide 4: Why Canter?
Why Canter? Experienced Technical & Capital Markets Team Water Access Team with significant depth of exploration, project Critical water permits necessary for ongoing development and capital markets experience exploration and future development of Columbus secured. Columbus Lithium-Boron Brine Proje
Slide 5: Our Projects
Our Projects Columbus Basin Lithium-Boron Project Commanding ~30,000 acre property package with demonstrated potential for a major lithium and boron brine discovery in the heart of Nevada's lithium belt NEVADA, USA Beaver Creek Lithium Prospect Substantially anomalous samples from lithium-rich band
Slide 6: As battery technology evolves, so does the need for Lithium content
As battery technology evolves, so does the need for Lithium content 240M estimated electric vehicles (EVs) by 2030 87% of batteries (LFP & NMC) require approximately 45-60kg 10% of lithium carbonate of the estimated global during production 1 fleet in 2030 will be made up by EVs 2 1 Benchmark Minera
Slide 7: Boron: a critical element growing in demand
Boron: a critical element growing in demand Boron, the fifth element on the B 5 periodic table, is a rare light Estimated boron Steady Growth Estimated boron metal which does not exist by Market Size at a CAGR of Tonnage ² itself in nature. Rather, boron Boron combines with oxygen and other +$2.0B 4
Slide 8: Boron is a catalyst for technological evolution and innovation
Boron is a catalyst for technological evolution and innovation Driving Innovation Revolutionizing Renewable in Military Aerospace Energy Applications Engineering Innovations Advanced anti-corrosion Boron properties are Boron alloys create materials resistant Boron is used to synthesizing energy-rich
Slide 9: The Case for Boron Mineralization at Columbus
The Case for Boron Mineralization at Columbus The Columbus basin hosted historical boron (borax) production in the late 1800’s and the same volcanic source rocks that feed Ioneer’s next door feasibility-stage Rhyolite Ridge lithium-boron claystone Project ($300M USD MC) also feed the Columbus basin.
Slide 10: US Inflation Reduction Act and The Push for Domestic Lithium-Boron Supply
US Inflation Reduction Act and The Push for Domestic Lithium-Boron Supply Promotes investment in domestic US energy production $70B investment from the IRA towards EV and battery supply chains across the USA . Passed in August 2022, the Inflation Reduction Act (IRA) is a crucial step in enabling the
Slide 11: The Columbus Project
The Columbus Project CanterResources.com CSE:CRC 11
Slide 12: Located in Nevada
Located in Nevada Home of the lithium exploration rush & world-class lithium projects Albemarle’s Silver Peak lithium brine project Silver Peak is the only lithium producer in the US and has been in production since the 1960s – making it #1 mining jurisdiction one of the largest lithium producers in
Slide 13: Similar geological setting to Silver Peak
Similar geological setting to Silver Peak Rhyolite Ridge volcanics Silver Peak range known lithium & boron source rocks known lithium & boron source rocks Fish Lake Valley Rhyolite Ridge volcanics known lithium & boron source rocks ~30,000 acre Columbus Lithium-Boron Project Lithium / Boron Southern
Slide 14: Emerging Tonopah Loop
Emerging Tonopah Loop Columbus Project Columbus is unique in that it is a structurally and Giga Factory hydrologically closed basin in Nevada with to the West surrounding lithium-boron bearing Tertiary volcanic ash and tuffs that have fed the basin for the past 23 million years. Year-round explorati
Slide 15: Expanded Land Package
Expanded Land Package WATCH: Video animation highlighting Columbus surface and 3D model results, newly staked ground 15 and substantial Li-brine target with initial drill locations.
Slide 16: Phase I Brine Result Highlights
Phase I Brine Result Highlights Highest Grades to Date Up to 3,140 mg/L B and 76.4 mg/L Li. Significant Lateral Extent | Shallow (< 100 ft) aquifers consistently intersected at similar depths across two grids 5km apart, demonstrating widespread lithium-boron mineralization near-surface. Boron (mg/L)
Slide 17: Phase I Program Takeaways
Phase I Program Takeaways Geochemical & Geological Model Phase I results support the Company’s 3D model and plans for deeper drilling to target higher concentrations of lithium within deeper aquifers and structural traps. Boron Grades Increasing with Depth Six assay results at depths >16.8 m in the
Slide 18: 3D Model Outlines Large Lithium-Boron Brine Target
3D Model Outlines Large Lithium-Boron Brine Target HSAMT resistivity shells outline substantial target Highly conductive, homogenous zone attributed to subsurface layers indicative of lithium-boron bearing brines. 3D modeling work validated proposed drill locations and outlined a more substantial su
Slide 19: Columbus Project Summary
Columbus Project Summary Demonstrated Lithium-Boron 3rd Party Data & 3D Model Historical results and the companies Acquired and integrated current drilling demonstrated multi- additional historical 3rd party data commodity potential for brine and created 3D model validating enrichment across multi-l
Slide 20: Experienced Technical Team
Experienced Technical Team Valkyrie Resource Exploration Experience working at some of Nevada's largest lithium deposits Managed exploration and drilling at American Lithium's TLC Property and American Battery Technology Company's Tonopah Flats Property. Lithium deposit formation and targeting exper
Slide 21: Beaver Creek Project
Beaver Creek Project CanterResources.com CSE:CRC 21
Slide 22: Beaver Creek Project
Beaver Creek Project 100% owned claims Covering a 1.3 km long by 0.3 km wide bed (Beaver Creek occurrence) of lithium-rich outcrop near Lincoln, Montana Substantially anomalous Historical results* 99 surface samples returned an average grade of 500 ppm Li with reported grades up to 1,500 ppm. Next s
Slide 23: Key Milestones Completed
Key Milestones Completed Complete transaction to acquire Altitude Ventures, including Columbus Lithium-Boron Project November 2023 Secured Water Rights November 2023 $3.2M financing completed + OTC listing / DTC eligibility December 2023 New technical team, advisors and directors appointed Q1 2024 A
Slide 24: Catalysts & Milestones Ahead
Catalysts & Milestones Ahead Drilling commences April 2024 AGM completed (full team in place) April 2024 Complete gravel transport and stockpiling for well drilling prep April 2024 Brine drill results May/June/July 2024 Phase II drilling commencement July 2024 Additional drill results August/Septemb
Slide 25: Capital Structure
Management & Insiders 9.6% Capital Structure Nevada Alaska Mining (Property Vendor) 3.4% Funds/Institutions 3.3% Closely Related Partner Groups (Michael Gentile, Advisors) 12.0% Retail/Public Float 71.7% Ticker CSE:CRC OTC:CNRCF FRA: 6O1 9.6% 3.4% 3.3% 71.7% Common Shares 50,988,401 Options 580,000
Slide 26: Management & Board of Directors
Management & Board of Directors Joness Trevor Korbon Alnesh Lang Hawkins McCall Mohan CEO & Director Senior Geologist Project Manager CFO Executive leader with over 15 years Co-Owner of Valkyrie Resources and 2nd Co-Owner of Valkyrie Resources and A finance executive with 20+ years experience, leadi
Slide 27: Board of Directors & Technical Advisors
Board of Directors & Technical Advisors Eric Ken Warwick Saderholm Cunningham Smith Independent Director Independent Director Director & Strategic Advisor (Tech Committee member) (Tech Committee member) Experienced venture capitalist focused on the resource sector, known Professional Senior Geologis
Slide 28: Strategic Advisor
Strategic Advisor Michael Gentile Mr. Gentile is considered one of the leading strategic investors in the junior mining sector, owning significant top five ownership stakes in over 20 small-cap mining companies. Michael recently co- founded Bastion Asset Management in January 2022, a rapidly growing
Slide 29: Key Takeaways
Key Takeaways Striving to become a prominent critical metals Exploration partnership exploration company in North America with a highly-qualified technical team Targeting a major discovery of lithium and boron Bringing proprietary targeting database and deep critical mineralization metals/minerals e
Slide 30: Thank you
CSE:CRC OTC:CNRCF FRA: 6O1 Thank you For investor inquiries: +1-604-908-1695 investors@CanterResources.com CanterResources.com Info@CanterResources.com