Capella Minerals Limited · TSXV:CMIL

Capella Minerals — Investor Presentation (January 2025)

26 slides from Capella Minerals's investor presentation, Jan 14, 2025

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

    OTCQB: CMILF TSX.V: CMIL FRA: N7D Developing High-Grade Copper & Gold Projects in Scandinavia January 1, 2025 Killero Au-Cu Project, Northern Finland Focus on Mining-Friendly Jurisdictions of Finland and Norway

  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’s Scandinavian Portfolio

    Capella’s Scandinavian Portfolio Focus on High-Grade Copper and Gold Projects Kjeldebotn (100% Capella) Northern Finland Gold-Copper (CLGB) Hessjøgruva (100% Capella) (Capella 70%; Cullen 30%) Kittila Au Mine1 Løkken (Teako Strategic Partnership) • 5 granted Exploration Licences (EL’s) in Central Ce

  4. Slide 4: 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%) - Killero E, Killero W, Saattopora W Drill Ready / Åmot Cu VMS, Løkken,

  5. Slide 5: Capella’s Capital Structure

    Capella’s Capital Structure January 1, 2025 Common Shares Outstanding 39 M Equities Portfolio Options (Av. price $C 0.60) 0.7 M Grit Metals Corp (TSX.V: FIN) - 1.2M common shares Warrants (Av. price $C 0.36) 3.9 M Teako Minerals Corp (CSE: TMIN) - 3.5M common shares Market Capitalization $C 3M NSR’s

  6. Slide 6: 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,

  7. Slide 7: Capella’s Leadership & Experience: Greenfields Exploration Successes

    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

  8. Slide 8: Northern Finland Gold-Copper Projects

    NORTHERN FINLAND GOLD-COPPER PROJECTS Central Lapland Greenstone Belt Saattopora W Au-Cu Project, Northern Finland 8

  9. Slide 9: Northern Finland Gold-Copper Projects

    Northern Finland Gold-Copper Projects Geological Survey of Finland – Bulletin 406 (2018) Northern Finland Projects (Capella 70% - Cullen 30%) • Capella initial 70% interest, earn-in to 80% Kittila Gold Mine (Agnico) Ikkari Gold (Rupert) • Gold-copper projects located along highly-mineralized Sakatti

  10. Slide 10: Northern Finland Gold-Copper (Cullen JV)

    Northern Finland Gold-Copper (Cullen JV) Targeting High-Grade Au-Cu in the Central Lapland Greenstone Belt Exploration Licences (Drill Permits) • Killero E (Priority 1) N • Historical AngloAmerican Au-Cu anomaly from “Base of Till” (“BoT”) geochemical sampling • Killero W (Priority 1) Valkea Resourc

  11. Slide 11: Priority Killero Target - Base of Till Cu-Au Anomalies

    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 11

  12. Slide 12: High-Grade Cu-Co-Zn VMS Projects, Trondelag, Central Norway

    HIGH-GRADE Cu-Co-Zn VMS PROJECTS TRONDELAG, CENTRAL NORWAY Astrup Mine Shaft, Løkken Cu-Rich Massive Sulfides, Løkken Rødalen Mine, Kongensgruve 12

  13. Slide 13: Capella’s Central Norway VMS Projects

    Capella’s Central Norway VMS Projects • Hessjøgruva District (Northern Røros; 100% Capella) • 80 sq. km of exploration / mining claims covering the Hessjøgruva deposit and Kongensgruve mining district • Hessjøgruva was drilled (12,035m) in the 1970’s but never brought in to production • Løkken Distr

  14. Slide 14: 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

  15. Slide 15: Hessjøgruva Cu-Co-Zn VMS Project

    HESSJOGRUVA Cu-Co-Zn VMS PROJECT Advanced-Stage Exploration Project Former Cu Concentrator, Kongensgruve 15

  16. Slide 16: Hessjøgruva – Kongensgruve District

    Hessjøgruva – Kongensgruve District Building a High-Grade Copper-Cobalt-Zinc Mining District Hessjøgruva • Exploration & drilling programs in the 1970’s • 6 known lenses, Lens A most explored, mineralization is open down-dip Kongensgruve • Former process plant & tailings dam • Rødalen, Kongens mines

  17. Slide 17: 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

  18. Slide 18: 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 18

  19. Slide 19: 3D Wireframe for Lens A Mineralization

    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 Summer 2025 19

  20. Slide 20: Løkken Cu-Co-Zn VMS Project Teako Strategic Partnership

    LOKKEN Cu-Co-Zn VMS PROJECT Teako Strategic Partnership Former Dragset Mine, Løkken District 20

  21. Slide 21: 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

  22. Slide 22: Løkken Drill Target Generation Program

    Løkken Cu-Zn-Co VMS Project Drill Target Generation Program Løkken Project - Overview Fjellslett • 5 Cu-Co-Zn targets Løkken Åmot prioritized Verk Høydal • Ground magnetic and Ionic Leach (IL) surveys undertaken Halsetasen • Initial drill collars for Åmot and Høydal finalized Grefstofjellet • Q1 202

  23. Slide 23: Åmot – High Priority Drill Target

    Løkken Cu-Zn-Co VMS Project Åmot – High Priority Drill Target Drill Ready VMS Target • Located 5km E of the old Løkken mine • No historic drilling • 1.5km-long coincident ground magnetic (TMI) and electromagnetic (VTEM) anomaly – highly-favourable combination for buried VMS deposits • Estimated dept

  24. Slide 24: Løkken – Hoydal – Amot Corridor

    Løkken Cu-Co-Zn VMS Project Løkken – Hoydal – Amot Corridor Løkken Hoydal Sector Mine • Summer/autumn 2022: ground Høydal magnetic survey completed plus Ionic Leach (IL) sampling Åmot • Surveys designed to test for potential drill targets located between: IL Lines Area of Historic Drilling (Results

  25. Slide 25: Capella – Value Drivers for 2025

    Capella – Value Drivers for 2025 Advancing Capella’s Gold and Copper Portfolio • 3 drill-ready Au-Cu projects in Northern Finland • Killero E & W (Expect Drilling Q1 2025) • Saattopora West (Expect Drilling Summer 2025) • 3 drill-ready Cu-Co-Zn projects in Central Norway • Åmot and Høydal Cu-Co-Zn V

  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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