Capella Minerals Limited · TSXV:CMIL

Capella Minerals — Investor Presentation (November 2022)

20 slides from Capella Minerals's investor presentation, November 2022

  1. Slide 1: Developing Copper & Lithium-REE Projects for Europe’s Green Energy Transition

    OTCQB: CMILF TSXV: CMIL FRA: N7D2 Developing Copper & Lithium-REE Projects for Europe’s Green Energy Transition November, 2022 Ethically-Sourced Metals for Europe’s Electromobility and Decarbonization Process

  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: European Base & Battery Metal Focus

    European Base & Battery Metal Focus Favourable Jurisdictions, Management with Track Record of Success Our Canadian Gold Joint Ventures Our Scandinavian Base & Battery Metals Projects Katajavaara- Vaddas Aakenus Hessjøgruva-Kjøli Kittila Ikkari Perho & EuroLithium Domain Gold JV, Manitoba Løkken Li-R

  4. Slide 4: Capella’s Capital & Management Structure

    Capella’s Capital & Management Structure October 31, 2022 Common Shares Outstanding 193M DIRECTORS & SENIOR MANAGEMENT Options (Av. price $C 0.13) 11.4M Eric Roth CEO & Director (30+yrs experience) Warrants (Av. price $C 0.12) 77M Glen Parson Director (20+yrs experience) Cash Position $C 1.5M Mary L

  5. Slide 5: European Base & Battery Metal Focus

    European Base & Battery Metal Focus Critical Metals for the Electromobility / Decarbonization Process Norwegian Copper-Cobalt Deposits • Future global copper demand expected to exceed supply • Capella’s projects are high-grade (2+% Cu vs global average <0.8% Cu) • 60-70% of world’s cobalt currently

  6. Slide 6: European Base & Battery Metal Focus

    European Base & Battery Metal Focus Norwegian Copper-Cobalt & Finnish Lithium-REE, Copper-Gold Norwegian VMS Belt Finnish Gold-Copper N Katajavaara-Aakenus Vaddas-Birtavarre (Cullen JV) Mo I Rana Finnish Lithium-REE Lithium-Ion Battery Gigafactory Keliber Oy 13.6MT @ Nabba 1.07% Li2O (M+I)2 Lappajar

  7. Slide 7: Hessjøgruva & Kjøli VMS Projects

    Hessjøgruva & Kjøli VMS Projects Building a High-Grade Copper-Cobalt-Zinc Mining District 1. Hessjøgruva • Advanced exploration • Exploration & drilling programs in the 1970’s 3 • Mineralization open down-dip 2. Kongensgruve • Former process plant & tailings dam • Rødalen, Kongens mines 3. Kjøli 1 •

  8. Slide 8: Hessjøgruva Cu-Zn-Co Project

    Hessjøgruva Cu-Zn-Co Project Advanced-Stage Exploration Project Hessjøgruva Project • NI 43-101 compliant technical report filed on September 8, 2022 • Extensive exploration undertaken in 1970’s, including 12,035 m of core drilling in 67 holes • Massive sulfide deposit with simple mineralogy (chalco

  9. Slide 9: Hessjøgruva Cu-Zn-Co Project

    Hessjøgruva Cu-Zn-Co Project Advanced-Stage Exploration Project • High-grade mineralization remains open down dip, copper grades increase with depth • Next steps: NI 43-101 compliant Mineral Resource Estimate, evaluate access to mineralized horizon via adit from adjacent valley, preliminary mining s

  10. Slide 10: Løkken Copper-Cobalt VMS Project

    Løkken Copper-Cobalt VMS Project High-Grade Cu-Zn-Co Targets in Former Mining District • 5 priority Cu-Co-Zn targets defined around Løkken mine • Drill collars for Amot, Hoydal, and Dragset are being finalized through ground magnetic and soil geochemical surveys • Initial drill permits for Amot appr

  11. Slide 11: Vaddas-Birtavarre Copper-Cobalt Project

    Vaddas-Birtavarre Copper-Cobalt Project High-Grade Cu-Zn-Co VMS in Former Mining District Vaddas-Birtavarre Project • 100% Capella. Claims staked in 2022. • Former copper-rich VMS mining district • Discovered 1860’s, idle since 1970’s • Elevated Co associated with Cu mineralization 11

  12. Slide 12: Katajavaara-Aakenus (Finland; Cullen JV)

    Katajavaara-Aakenus (Finland; Cullen JV) High-Grade Gold & Copper in the Central Lapland Greenstone Belt Project Overview • Adjacent to highly mineralized Sirkka Thrust (ST) • Rupert Resources • Aurion / B2Gold • 4,000 line km high- resolution drone mag survey completed • New Exploration Permit Lice

  13. Slide 13: Katajavaara-Aakenus (Finland; Cullen JV)

    Katajavaara-Aakenus (Finland; Cullen JV) Priority Killero Target - AngloAmerican “Bottom of Till” Cu-Au Anomalies Area of Figure 1 Killero Cu-Au Till Anomalies 5,962ppm Cu / 145ppb Au Interpreted Mafic (Tholeiitic) Volcanic Rocks 13

  14. Slide 14: Perho (Finland; Cullen JV)

    Perho (Finland; Cullen JV) Lithium-Cesium-Tantalum (“LCT”)-REE Pegmatites 14

  15. Slide 15: Finland Lithium-REE Portfolio

    Finland Lithium-REE Portfolio “LCT” Pegmatites, Targeting 5-10MT @ >1% Li20 Spodumene 2 Keliber Oy Measured and Indicated Mineral Resources (www.keliber.fi/en/geology/mineral-resources-and-ore-reserves)

  16. Slide 16: Capella’s Precious Metals Projects

    Capella’s Precious Metals Projects Savant JV (Ontario) & Domain JV (Manitoba) Savant JV (Ontario) • Prospector Metals Corp. (TSX.V: PPP) earning-in to a 70% interest, sole-funding first $C 2M of exploration • District-scale property (229 sq. km), focus on high-grade gold in both iron formations (e.g

  17. Slide 17: Savant Gold JV Project (Ontario)

    Savant Gold JV Project (Ontario) Drill-Ready High-Grade Canadian Gold • Prospector Metals Corp. earning-in to a 70% interest, sole-funding first CAD 2M of exploration • Focus on high-grade gold in iron formations (e.g. Horseshoe, Snowbird) and shear zones (e.g. Wiggle) • Summer 2022 sampling and LID

  18. Slide 18: Domain Gold JV Project (Manitoba)

    Domain Gold JV Project (Manitoba) Evaluating Strategic Alternatives Plan View 9.0m @ 7.3 g/t Au HLEM Conductors (Priority Targets) 4.5m @ 4.3 g/t Au Cross-Section 1 4.1m @ 7.9 g/t Au Main Zone Open 18 62 DDH / 9,660m Drilling Completed to Date

  19. Slide 19: Capella – Main Value Drivers 2022/2023

    Capella – Main Value Drivers 2022/2023 Finland Lithium-REE • Acquisition of EuroLithium Li-REE portfolio Core Drilling - Savant (Partner-Funded) • Staking of Perho Li-REE reservation Targeting & Maiden Core Drilling – Løkken (Amot) Maiden Core Drilling - Kjøli Maiden Core Drilling (Killero) - Aakenu

  20. Slide 20: Contacts

    Contacts Website: www.capellaminerals.com Email: info@capellaminerals.com Contact: Eric Roth, President & CEO Karen Davies, VP Investor Relations 20

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