Cerro De Pasco Resources, Inc. · TSXV:CDPR
Cerro De Pasco Resources — Investor Presentation (March 2026)
30 slides from Cerro De Pasco Resources's investor presentation, March 2026
Slide 1: Positioned to Unlock the Value of the World's Largest Above-Ground Metal Resource
Positioned to Unlock the Value of the World’s Largest Above-Ground Metal Resource Company Presentation / March 2026 TSXV: CDPR OTC: GPPRF BLV: CDPR FRA: N8HP
Slide 2: Positioned to Unlock the Value of the World's Largest Above-Ground Metal Resource
Positioned to Unlock the Value of the World’s Largest Above-Ground Metal Resource TSXV: CDPR OTC: GPPRF BVL: CDPR FRA: N8HP
Slide 3: Forward Looking Statements
01 FORWARD LOOKING STATEMENTS Certain statements contained in this presentation constitute “forward update or revise any forward-looking statement, whether as a result of economic viability, but do have reasonable prospects for economic looking information” or “forward-looking statements” under Cana
Slide 4: Company Overview
02 COMPANY OVERVIEW HISTORIC ESTIMATE 1 The Quiulacocha tailings are estimated to contain ~423 million ounces silver equivalent (Moz Ag Eq2) — already extracted and ready for reprocessing. ~423 Moz Ag Eq 2 TAILINGS EXTRACTION Since the material has already been mined, processing primarily involves e
Slide 5: Company Overview: Location and Main Project
02 COMPANY OVERVIEW LOCATION The El Metalurgista project is located approx. 175 km north-northeast of Lima, in the Pasco Region of Peru. MAIN PROJECT CDPR holds a 100% interest in the El Metalurgista mining concession, covering 95.74 hectares. This includes mineral rights to 57 hectares 3 of the Qui
Slide 6: Quiulacocha Tailings Highlights
03 QUIULACOCHA TAILINGS HIGHLIGHTS HISTORIC ESTIMATE1 HIGH-GRADE MATERIAL EFFICIENT EXTRACTION Quiulacocha tailings contain an Recent drilling confirms an average Tailings extraction operates without dust estimated ~423 Moz Ag Eq1’ 2, already grade of 5.5 oz/t Ag Eq4, including or the use of explosi
Slide 7: Positioned to Unlock the Value of the World's Largest Above-Ground Metal Resource
Positioned to Unlock the Value of the World’s Largest Above-Ground Metal Resource 7
Slide 8: Tailings: Lower Cost, Lower Dilution
04 TAILINGS: LOWER COST, LOWER DILUTION Factor Tailings Extraction Open-Pit Mining Underground Mining Drilling & Blasting None Required Required Excavation & Hauling Minimal Expensive Very expensive Fuel & Equipment Costs Very low High Very high Infrastructure Costs Almost none High Extremely high (
Slide 9: History
05 HISTORY The Silver Mountain The Cerro Corporation The Cerro de Pasco region in Peru has been The Cerro de Pasco Corporation was founded known for its rich deposits of silver, copper, in 1902. It was the biggest investor, taxpayer, zinc, and lead since before colonial times. & employer in Peru aft
Slide 10: Uncover the Legacy of Cerro de Pasco
06 UNCOVER THE LEGACY OF CERRO DE PASCO 1533 1864 1922 1974 Spanish document silver Cerro de Pasco Minerals The La Oroya Smelting & Cerro de Pasco Corporation is in Cerro de Pasco. Railroad is incorporated. Refining facility is inaugurated. nationalized & becomes Centromin Peru. 1955 2012 to Present
Slide 11: Quiulacocha Tailings: Historical Metallurgical and Operational Records
07 QUIULACOCHA TAILINGS Historical metallurgical and operational records 1,2 AVERAGE HEAD GRADE AND RECOVERY Tonnes Mining Period (000s) Cu Pb Zn Ag Au Copper Era (1906-1965) 16,369 4.0% – – 200 g/t 3.0 g/t Polymetallic Era (1952-1992) 58,299 – 3.3% 8.6% 98 g/t – Average Recovery – 60% 60% 75% 60% 6
Slide 12: Historic Easement
08 HISTORIC EASEMENT Land Easement Secured In May 2024, Cerro de Pasco Resources received a Supreme Resolution granting access to the El Metalurgista Concession for a 40-hole drilling campaign. Formalities Completed On May 29, 2024, Cerro de Pasco Resources finalized necessary steps— including a pay
Slide 13: Quiulacocha Tailings: Assay Results to Date
09 QUIULACOCHA TAILINGS Assay Results to Date Recent Drilling 40 out of 40 drillholes assayed. Average Grade per Metal Metal Avg. Grade Ag 1.66 oz/t Zn 1.47% Pb 0.89% Cu 0.09% 5.5 oz/t AgEq3 Au 0.10 g/t Ga 53.2 g/t In 19.9 g/t Please refer to foonote 3 on Appendix - page 29 of the presentation TSXV:
Slide 14: Quiulacocha TSF: Project Potential Based on Internal Projections
10 QUIULACOCHA TSF Project Potential Based on Internal Projections Metal Grade Price Value/Tonne Ag 1.86 oz/t $30 $56 Zn 1.15% $3,000 $45 Scenario 10k Tonnes/Day Pb 0.69% $2,000 $14 In-situ Value/Tonne $180 NSR/Tonne (+) $52 Cu 0.42% $9,000 $38 Avg. Metal Recovery of 40% (x) 40% $72 OPEX Cost/Tonne
Slide 15: Recent Expansion of the U.S. Critical Minerals List
11 RECENT EXPANSION OF THE U.S. CRITICAL MINERALS LIST TSXV: CDPR OTC: GPPRF BVL: CDPR FRA: N8HP 15
Slide 16: Why Gallium Matters
12 WHY GALLIUM MATTERS A Strategic Metal for Advanced Technology & Energy Transition 98% Gallium underpins military applications 2% in defense, AI, 5G infrastructure… 98% of global gallium supply controlledby China. The U.S. is 100% import dependent. TSXV: CDPR OTC: GPPRF BVL: CDPR FRA: N8HP Source:
Slide 17: U.S. Department of Defense & Gallium
13 U.S. DEPARTMENT OF DEFENSE & GALLIUM Pentagon assessment on securing U.S. gallium supply: “…recovery of gallium from existing waste streams is the fastest way to make the material more available… including efforts that reprocess mine tailings.” TSXV: CDPR OTC: GPPRF BVL: CDPR FRA: N8HP 17
Slide 18: Why Silver - Highlights
14 WHY SILVER - HIGHLIGHTS Silver Price Growth Silver Market Opportunity Photovoltaic Silver Demand Silver prices have surged approximately 430% since December 2018, The silver market faces a persistent supply deficit, with demand Silver demand for photovoltaics has more than tripled since 2015, ris
Slide 19: Moving Quiulacocha Tailings
15 MOVING QUIULACOCHA TAILINGS How Submersible Pumps on Barges Extract Tailings Pump Setup: A submersible slurry pump is mounted under a floating barge and fully submerged in the tailings. Operation: The pump agitates and sucks up slurry (water + solids), pushing it through a floating pipeline to th
Slide 20: Positioned to Unlock the Value of the World's Largest Above-Ground Metal Resource
Positioned to Unlock the Value of the World’s Largest Above-Ground Metal Resource TSXV: CDPR OTC: GPPRF BVL: CDPR FRA: N8HP
Slide 21: Excelsior Stockpile - Highlights
16 EXCELSIOR STOCKPILE - HIGHLIGHTS Deposit Type: Stockpiled low-grade Zn, Pb, Ag mineralization sourced from the Cerro de Pasco Mine which hosts complex epithermal polymetallic mineralized system of the type known as a Cordilleran base-metal deposit. Project Profile: Reprocessing of legacy ROM stoc
Slide 22: Site Images
17 SITE IMAGES Quiulacocha Tailings Quiulacocha Tailings Excelsior Stockpile & Cerro De Pasco Pit Cerro de Pasco Drilling Quiulacocha Pump Pontoon TSXV: CDPR OTC: GPPRF BVL: CDPR FRA: N8HP 22
Slide 23: Cerro de Pasco Post Closure
18 CERRO DE PASCO POST CLOSURE Artistic Rendering TSXV: CDPR OTC: GPPRF BVL: CDPR FRA: N8HP 23
Slide 24: Positioned to Unlock the Value of the World's Largest Above-Ground Metal Resource
Positioned to Unlock the Value of the World’s Largest Above-Ground Metal Resource TSXV: CDPR OTC: GPPRF BVL: CDPR FRA: N8HP 24
Slide 25: 2026 Catalysts
19 2026 CATALYSTS Formalize claim on surrounding tailings. Advance Phase 2 drilling across Cu-Ag-Au tailings. Deliver metallurgical results & recovery upside. Progress toward feasibility & development. Layout of the Phase 1 drilling campaign (completed) and the planned Phase 2 drilling campaign for
Slide 26: Corporate Overview
20 CORPORATE OVERVIEW LEGEND 1. CDPR receives green light on Land easement. 2. Land easement officially granted. 3. Eric Sprott acquires a substantial stake in the company. 4. Historic authorization granted—drilling program begins. 5. Assay Results from 1st DHs. 6. Significant increase in Ga levels.
Slide 27: Management Team & Board of Directors
21 MANAGEMENT TEAM & BOARD OF DIRECTORS Steven Zadka Guy Goulet Manuel Rodriguez James Cardwell John G. Booth EXECUTIVE CHAIRMAN EXECUTIVE DIRECTOR & CEO EXECUTIVE DIRECTOR & PRESIDENT CHIEF FINANCIAL OFFICER LEAD INDEPENDENT DIRECTOR / Founding partner of CDPR with over Over 30 years of investment
Slide 28: Quiulacocha Tailings: Historical Metallurgical and Operational Records
22 QUIULACOCHA TAILINGS Historical metallurgical and operational records1 AVERAGE HEAD GRADE & RECOVERY ESTIMATED CONTAINED METAL Tonnes Mining Period Cu Pb Zn Ag Au Mining Period Cu Pb Zn Ag Au AgEq (000s) Copper Era (1906-1965) 16,369 4.0% – – 200g/t 3 g/t Copper Era (1906-1965) 262kt – – – 632koz
Slide 29: Appendix
23 APPENDIX Footnote (1) Footnote (3) The estimates presented herein are derived from historic metallurgical balances The Company believes Quiulacocha Tailings Project has potential to increase and are not classified as a current mineral resource or reserve under modern significantly if CDPR can acq
Slide 30: www.pascoresources.com
WA Pasco RESOURCES WWW.PASCORESOURCES.COM
Cerro de Pasco Resources — Investor Presentation (March 2026) on 6ix