Coppernico Metals Inc. · TSX:COPR

Coppernico Metals — Investor Presentation (April 2023)

29 slides from Coppernico Metals's investor presentation, April 2023

  1. Slide 1: Building a World-Class Exploration Company in the Americas

    BUILDING A WORLD-CLASS EXPLORATION COMPANY IN THE AMERICAS Investor Presentation | April 2023

  2. Slide 2: Disclaimer

    Disclaimer This document has been prepared by Coppernico Metals Inc. (the “Company”) to introduce the Company’s mineral exploration projects. Because it is a high-level summary presentation, the information contained herein cannot contain all the information that should be reviewed before making an

  3. Slide 3: Our Mission: To Discover

    OUR MISSION: TO DISCOVER “Discovery is the most rewarding investment one can achieve in the exploration and mining business.” Ivan Bebek President & CEO

  4. Slide 4: Record of Discovery Success

    Record of Discovery Success KEEGAN RESOURCES CAYDEN RESOURCES 2008 – 2010 (now Galiano Gold) May 2013 – September 2014 PRODUCING TAKEOVER Discovery of >5Moz with favorable 100 discovery holes led to Agnico Eagle market conditions Mines Ltd takeover in 2014 (sold for $205M) with challenging market co

  5. Slide 5: Unlocking value for shareholders

    Unlocking value for shareholders Auryn shareholders received: Fury: 0.67 Shares / Auryn Share Tier One: 1 Share / Auryn Share Sombrero: 1 Share / Auryn Share Fury was = 1 Share became 2.67 Shares formed in TSX: FURY 2020 following Auryn's The formation reorganization of three and Spin out companies

  6. Slide 6: Our Vision, Our Values

    OUR VISION Maximize shareholder value and benefit all stakeholders through globally significant discoveries in South America in a socially and an environmentally responsible manner OUR VALUES Strategic | Disciplined Responsible | Committed

  7. Slide 7: Building a World-class Exploration Portfolio

    Building a World-class Exploration Portfolio Focused on large- scale, advanced stage copper and gold projects South American- focused company with projects in Peru Prioritizing the highest safety and applicable ESG standards at all times COPPERNICO METALS / 7

  8. Slide 8: Why Copper?

    WHY COPPER? Goldman Sachs estimates that copper could hit US$12,000 / tonne (US$5.44 / pound) in 2024 – up from their previously forecasted US$10,750 / tonne (US$4.76 / pound)1 1. As at April 14, 2023: US$4.15 / pound Source: Copper: The end of the surplus Goldman Sachs (December 2022)

  9. Slide 9: World is Not Ready for the New Demand in Copper

    World is Not Ready for the New Demand in Copper Power generation / transmission / Copper demand comes from real distribution estate, power, transportation, heavy equipment and infrastructure development. Globally, over the coming decades, there will be an increase in demand from energy transition, e

  10. Slide 10: Copper Demand is Far Outpacing Copper Supply

    Copper Demand is Far Outpacing Copper Supply "Copper demand is expected to more than double from 25 million metric tons (“Mmt”) in 2021 to 53 Mmt in 2050 according to an S&P Global report." Source: The Future of Copper: Will the looming supply gap short-circuit the energy transition, S&P Global (Jul

  11. Slide 11: Our Flagship Project

    OUR FLAGSHIP PROJECT “The Sombrero project represents a unique opportunity to extend a world-class belt and hosts the potential for multiple major discoveries.” Tim Kingsley VP, Exploration

  12. Slide 12: World's Largest Copper Mines

    “Glencore reaps US$7B from World's Largest Copper Mines Las Bambas sale to China's MMG – US$5.85B plus money spent.” Source: The World Copper Factbook 2020 (Reuters: July 31, 2014) Exploration opportunity at • Age of Sombrero project mineralization similar to Las • Scale Bambas mine • Rock types bas

  13. Slide 13: Opportunity to Extend a World-class Belt

    Opportunity to Extend a World-class Belt Located on a potential Highly underexplored area Exploration analogue extension of one of Peru’s – never been drilled for to major mines most prolific copper belts copper and gold COPPERNICO METALS / 13

  14. Slide 14: Extending the World-class Andahuaylas-Yauri Belt

    Extending the World-class Andahuaylas-yauri Belt 2001 Los Aceros episodic Iron mining at Fierrazo 2007 – 2008 Alturas Minerals completes localized mapping, sampling and geophysics Auryn geologists reason the Andahuaylas Yauri belt should continue under volcanic cover. At 2015 – 2016 Sombrero, skarn

  15. Slide 15: Staked 500 Square Miles (approx. 130,000 ha)

    Staked 500 Square Miles (approx. 130,000 ha) Result of screening over 3,000 square miles (over 777,000 ha) COPPERNICO METALS / 15

  16. Slide 16: Analogue to Major Mines in Andahuaylas-Yauri Belt

    Analogue to Major Mines in Andahuaylas-yauri Belt • Significant metal endowment. Large geochemical footprint (~18 km x 6 km) • Multiple prospective skarn horizons COPPERNICO METALS / 16

  17. Slide 17: Extensive Chargeability & Magnetic Target Areas

    Extensive Chargeability & Magnetic Target Areas • Surface mineralization has distinct geophysical signature • Geophysical signature extends under cover and no drill testing COPPERNICO METALS / 17

  18. Slide 18: Historical Core (Fierrazo): Exoskarn & Endoskarn

    Historical Core (Fierrazo): Exoskarn & Endoskarn Subsurface Mineralization Correlates with Geophysics

  19. Slide 19: Sombrero Main Target vs. Tintaya Deposit

    Sombrero Main Target vs. Tintaya Deposit Tintaya Mine (Glencore) Sombrero Main Target • DIA allows for up to 48 holes from 38 platforms at Sombrero Main COPPERNICO METALS / 19

  20. Slide 20: Good Lucky: Exposed Skarn, Historical Mining Audits

    Good Lucky: Exposed Skarn, Historical Mining Audits COPPERNICO METALS / 20

  21. Slide 21: Exceptional Access to Infrastructure

    Exceptional Access to Infrastructure COPPERNICO METALS / 21

  22. Slide 22: Our Communities

    OUR COMMUNITIES “We have spent over seven years collaborating with community members, identifying their needs, and implementing positive long- term programs. This includes several beneficial programs through the involvement of Agroideas, a government- sponsored agricultural program.” Christian Rios,

  23. Slide 23: Field Community Team

    Field Community Team Field social team on the ground with extensive background/ experience in dealing with communities in the central southern part of Peru One technical One full Quechua Social field leader, Jose specialist in speaker and Pino, specialist in animal health agricultural engineer Agroi

  24. Slide 24: Working with Local Communities

    Working with Local Communities Sombrero Minerales, a Coppernico subsidiary, is a key driver in sponsoring approx. US$4M of additional government-funded agriculture programs Australian Lamb Breeding Program Sombrero Minerales Peru Huanca Total Contribution Govt sancos US$126,000 People Impacted 800 U

  25. Slide 25: Community Access Progress

    Community Access Progress Huancasancos environmental permit (DIA) acquired in February 2020 and extended to February 2025 Allows for up to 48 holes from 38 platforms at Sombrero Main Initial Access In Agreement for progress: Lucanamarca New Final Huancasancos stages: Community Agreement COPPERNICO M

  26. Slide 26: Recent Community Activity & Final Steps

    Recent Community Activity & Final Steps Regional elections resulted in a new Community assemblies mayor for the province and in both required to negotiate and districts covering the affected approve annual communities and are “independent remuneration from parties” – regarded as more centric Coppern

  27. Slide 27: Capital Structure & Ownership

    Capital Structure & Ownership as of February 23, 2023 Shares Issued Options Warrants & Outstanding Outstanding Outstanding 121,290,553 Nil Nil TREASURY Funds Received to (As at February 28, 2023) date (Private Placement) ~C$1.9M C$2,685,036 *at C$0.30 / share Management & Directors President Retail

  28. Slide 28: Why Coppernico today?

    Why Coppernico today? Advanced major Final stages in discovery gaining community opportunity at access to Sombrero Sombrero project project Robust outlook on Expanding portfolio copper and gold prices ahead of improved commodity market COPPERNICO METALS / 28

  29. Slide 29: Sign up for the latest news

    Sign up for the latest news: www.coppernicometals.com Contact: info@coppernicometals.com +1 778-729-0600 COPPERNICO METALS / 29

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