White Cliff Minerals Limited · ASX:WCN
White Cliff Minerals — Ignite Conference (October 2026)
29 slides from White Cliff Minerals's conference presentation, Oct 12, 2026
Slide 1: Advancing A Material Copper Discovery
AS X: WCN | OTC: WCLMF rsonal use only I N V E S T O R P R E S E N T A T I O N Advancing A Material Copper Discovery ASX WCN | OTCQB WCMLF WCMINERALS.COM.AU W CM IN ERA L S .c om. a u
Slide 2: Company Overview Disclaimer
COMPANY OVERVIEW The information contained in this presentation has been prepared by White Cliff Minerals Limited (the Company). To the maximum extent permitted by law, the Company and its related bodies corporate, affiliates and each of their respective directors, officers, partners, rsonal use onl
Slide 3: Investor Highlights
INVESTOR HIGHLIGHTS D E F I N IN G A LA R G E - S C AL E C O P PE R O PP O RT UN IT Y I N ON E OF T H E W OR L D ’ S L E AD I N G M I NI N G J U R IS D I C T I O N S rsonal use only Hancock Prospecting has agreed to invest ~A$8.77m for a ~13.5% strategic stake(1). Proceeds will be used to accelerate
Slide 4: Rae Copper-Silver Project Overview & Scale
RAE COPPER-SILVER PROJECT P ROJ EC T O VERV IEW & S C ALE LOCATION Cu Ag rsonal use only Nunavut, Canada RAE PROJECT Ideally located a short flight from the regional mining hub of Yellowknife & 75km from the coastal port town of Kugluktuk CANADA N UN AVU T C RITIC AL M INE RALS RU SH THE RUSH IS ON
Slide 5: Access & Infrastructure
ACCESS & INFRASTRUCTURE LO C AT ED P R O XI M AL TO PO R T AN D I N FR A S TR UC TU R E rsonal use only T H E R AE PR O J EC T | L OG I S TI C S & I NF R A ST RU CT UR E ▪ Strategically located 75km from Kugluktuk, providing local logistics support and future barge access to the proposed deep-water
Slide 6: Rae Project Area
RAE PROJECT AREA D I S TR I C T- S C AL E C O P PE R S YS TE M C O N FI R M ED | 20 2 6 D R I LLI N G EX PA ND S SC A LE S I GN I FI C A NTL Y rsonal use only Diamond Drilling @ the Rae Project Example of chalcopyrite-bornite hosting quartz-carbonate veining in STK25001 between 181.30 and 181.52m do
Slide 7: Rae Project Strategy
RAE PROJECT STRATEGY THR E E- P R ON GED S TR ATE GY UND E R WA Y AT R AE 1. Danvers High-Grade Vein Hosted Copper Deposit NE XT ST EPS rsonal use only A D V AN C I N G D A N V ER S T O R E S O U R C E D E F I N I T I O N • Diamond drilling stepping out from high-grade ▪ Regional drilling tested 11.
Slide 8: Danvers | 2025 Drilling Results
DANVERS | 2025 DRILLING RESULTS HIGH -GRA DE CO P PER SYSTEM H I G H L I G H T I NT E R C E P T S (1) rsonal use only DAN 2 5 00 8 175m @ 2.5% Cu & 8.66g/t Ag · incl 14m @ 7.55% Cu · open DAN 2 5 00 5 90m @ 4.0% Cu & 7.5g/t Ag from surface · incl 18m @ 6.5% Cu DA N 2 5 00 6 75m @ 2.0% Cu & 6.8g/t Ag
Slide 9: Danvers | Tier Scale
DANVERS | TIER 1 SCALE 2 02 6 D R I LL IN G AD VA NC E S D I S TR I C T - S C AL E C O P PE R T A R GET | > 95 % D R I LL IN G S T R I KE R A T E F OR C U MI NE R ALI S A T I O N rsonal use only PHASE 1 REGIONAL DRILL TESTING COMPLETE (1) >11.8km >11.5km 3,131km Phase 1 strike tested Assay confirmed
Slide 10: Danvers | Scale Redefined
DANVERS | SCALE REDEFINED D I S TR I C T- S C AL E C O P PE R S YS TE M C O N FI R M ED | HI GH - GR A D E A S S AYS VA LI D AT E S C A LE AC R O S S D A NVE R S rsonal use only HIGHLIGHTS FROM ASSAYS (1) ▪ Regional scale confirmed ▪ Phase 1 regional drilling complete a total of 44 holes (24 RC, 20
Slide 11: Danvers | A Copper System Capable of Expansion
DANVERS | A COPPER SYSTEM CAPABLE OF EXPANSION T W O C L E AR S T R U C T U R E S P R O V I D E A C ON T I NU OU S , O PE N C OP P E R S Y S T E M C ON F I R M E D AC R O S S 1 1K M + O F S T R IK E (1) Transitioning from a High-Grade Discovery into an Understood, Vertically Continuous Copper System
Slide 12: Developing Regional Rae Prospects
DEVELOPING REGIONAL RAE PROSPECTS F I R S T DR I L L I N G D E L I VE R S A NE W D I S C OV E R Y AT B O R NI T E H I L L S | T H R E E MO RE P R OS P E C T S Q UE U E D rsonal use only BORNITE HILLS THOR ROCKET VISION NE W D IS C OV ER Y H I S T OR IC H A LO O C C UR R E NC E C H A L CO C I TE V EI
Slide 13: Sediment Hosted Copper
SEDIMENT HOSTED COPPER O NE O F TH E L AR GE ST E MER GI N G S ED I M ENT AR Y C OP P ER T AR GET S W O R LD W I D E rsonal use only GLO BAL GEOLOGICAL ANALOGUES The Rae project area is similar in age, geology and formation to both the Central African Copperbelt and the European Permian Kupferschief
Slide 14: Hulk | Sediment Hosted Copper
HULK | SEDIMENT HOSTED COPPER A CO PP ER HORIZO N CO NF IRMED AT HU LK | N OW T AR G E T I NG T H E T RA P S rsonal use only 01 COPPER HORIZON CONFIRMED HULK BASIN SCALE >10km² Copper confirmed at the base of the Rae Group over >4.3km east-west and >2.1km >12km Sedimentary basin traced over >12km, w
Slide 15: Upcoming Activity
SS UPCOMING ACTIVITY NE W SF L OW & C A TAL YS TS | N EA R TE RM T O RESOURCE DEFINITION A C T I V I T Y & S T A T US K EY M E T R I C W H A T 'S N EX T rsonal use only DRILLING & ASSAYS 2 rigs Infill and step-out drilling along the Teshierpi Fault Zone and the Danvers 1 northeast extension. First B
Slide 16: Board
BOARD EXPERIENCE D · COMMITTE D · INV ESTED rsonal use only Gavin Rezos Troy Whittaker Eric Sondergaard Sara Kelly John Hancock Non-Executive Chairman Managing Director Executive Director Non-Executive Director Non-Executive Director Chairman & CEO roles across 25+ years spanning Registered Professi
Slide 17: Corporate Overview
rsonal use only CORPORATE OVERVIEW Capitalisation A$0.027 3,370M A$91.01M A$8.34m(2) A$82.7m A$4.14m(3) Data(1) VALUE OF WCN’S GBL HOLDING SHAREHOLDER INFO Top 20 39.50% Board & Management 19.90% # of Shareholders 4193 WCN 52W PERFORMANCE 52w high $0.03 52w low $0.012 Average Volume 17.88M/day (90
Slide 18: Competent Person Statement
COMPETENT PERSON STATEMENT THE INFORMATION CONTAINED IN THIS PRESENTATION HAS BEEN This presentation relies on information previously released to the Australian Securities Exchange: PREPARED BY WHITE CLIFF MINERALS LIMITED (THE COMPANY). rsonal use only 6 October 2026 “76.5m @ 2.01% Cu Expands Coppe
Slide 19: Technical Annexures
rsonal use only Technical Annexures ASX WCN | OTCQB WCMLF WCMINERALS.COM.AU 18
Slide 20: Danvers | Regional Structure & Diamond Drilling
DANVERS | REGIONAL STRUCTURE & DIAMOND DRILLING A R EGIO NAL STR UCTUR E W ITH C LEAR C OPP ER EN DO WMENT rsonal use only ▪ The Teshierpi fault zones is a major regional structure, trending south west / north east - with clear copper endowment ▪ Drilling (both RC & Diamond) has targeted the magneti
Slide 21: Danvers | Key Mineralisation Styles
DANVERS | KEY MINERALISATION STYLES F OUR STYLES C ONTROL CO PPER DIS TRIBUTION Figure - Danvers Copper Distribution Figure - Danvers Breccia System rsonal use only ▪ Crackle & Mosaic Breccias • Early formed breccias with only minor clast movement and disaggregation; chalcocite-bornite-chalcopyrite-
Slide 22: Danvers Geology
SS DANVERS GEOLOGY Figure - Long section of Danvers 1, with the Company’s first diamond drill hole DAN26026 highlighted Di amo n d Dri l li n g th e K ey to Un l o ck in g Geo l og i cal Mo de l Danvers 1 & Extensions rsonal use only ▪ Mineralisation at Danvers 1 is hosted within a chaotic breccia t
Slide 23: Danvers Geology
SS DANVERS GEOLOGY Figure - Photographs of NQ2 diameter diamond drill core. Clockwise from top left depths are 208m, 211m, 229.3m, 241.1m. Images show variably altered (chlorite and hematite) chalcocite bearing basalts. Chalcocite forming breccia cement and veinlets with calcite and chlorite. Di amo
Slide 24: Danvers Drill Targeting
SS DANVERS DRILL TARGETING ADV AN C ED G EOP HYS IC S DRIVE TARGE T GENE RATIO N >95% Drilling success rate - Hitting Cu mineralisation rsonal use only ▪ Latest generation airborne geophysics used - HeliTEM® helicopter time-domain AEM provided high-resolution earth conductivity imaging with enhanced
Slide 25: Sedimentary Copper | Rae District
SEDIMENTARY COPPER | RAE DISTRICT T R UE R E G I ON AL S C AL E | T H E G RE AT E R R A E O P PO R T UN I T Y rsonal use only ▪ Sediment Hosted Copper Systems - Drilling is targeting a laterally extensive, sheet-like, copper horizon where copper mineralisation is typically hosted within a vertically
Slide 26: Sediment Hosted Copper | Formation
SEDIMENT HOSTED COPPER | FORMATION AL L K EY REQ UIREME NTS : 1 . S O URC E ROC K S ; 2 PA THW AY S & 3. HO S T RO C K S Fertile structures - semi-massive chalcopyrite structures below Rae Group rsonal use only Rae Copper Project now proven host to all 1st order required controls for Sedimentary Cop
Slide 27: Sediment Hosted Copper | Formation
SEDIMENT HOSTED COPPER | FORMATION S C H EMA TI C S EC TI O N OF S ED I MEN T H O ST ED CO P PE R F O R MAT IO N rsonal use only ASX WCN | OTCQB WCMLF WCMINERALS.COM.AU 26
Slide 28: Copper Thematic | The Structural Case
COPPER THEMATIC | THE STRUCTURAL CASE MAC RO | A S U PPL Y - D E M AN D I MB AL A N CE CR E AT I N G A G E N E R AT I ON AL E XPL O RA T IO N OP POR T U N I T Y GLOBAL COPPER | SUPPLY vs DEMAND COPPE R IN TE NSIT Y rsonal use only Copper consumed per typical unit, across the four biggest growth driv
Slide 29: Contact
M I N E R A L S rsonal use only CONTACT Troy Whittaker Harry Spillane Managing Director | White Cliff Minerals Investor Relations | Blackwater Advisors E: info@wcminerals.com.au E: harry@blackwateradvisors.com.au P: +61 8 9486 4036 P: +61 447 757 550 O T C :ASX W CWCN L M F | |OTCQB A S XWCMLF : WCN
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