Montero Mining And Exploration Ltd. · TSXV:MON
Montero Mining And Exploration — Investor Presentation (August 2026)
23 slides from Montero Mining And Exploration's investor presentation, August 2026
Slide 1: Copper & Gold Exploration in Chile
TSX.V: MON Copper & Gold Exploration in Chile Positioned for Discovery in World-Class Mining Belts Q3 2026 – Corporate Presentation
Slide 2: Cautionary Notes
Cautionary Notes This document has been prepared by Montero Mining and Exploration Inc. (“Montero” or the “Company”) for evaluation of the Company by the recipient. The information contained in this presentation is derived from estimates made by the Company, information that has been provided to the
Slide 3: Capital Structure
Capital Structure 22% 32% Board and Management Retail CAPITAL STRUCTURE (UNDILUTED) Share price (2026-08-21) $ $0.66 SHARED Shares outstanding1 Mm 8.5 OWNERSHIP Market capitalization $mm $5.61 15% Cash2 $mm $1.40 Institutional investors Debt $mm - Enterprise Value $mm $4.21 31% High Net Worth OPTION
Slide 4: Investment Highlights – Chile #1 Copper
Investment Highlights – Chile #1 Copper 01 02 03 04 05 Chile - Tier 1 Mining District-scale projects Projects with historic Tight capital structure H2 2026 catalysts: jurisdiction, #1 Copper in Chile with combined work by majors (BHP, with ~70% held by producer, stable 212,000 ha1 (copper & Codelco,
Slide 5: Project Portfolio
Palaeocene Porphyry Project Portfolio Cu-Mo Belt PALEOCENE PORPHYRY BELT o Avispa Cu-Mo project is located in the north - south trending Palaeocene Cu-Mo porphyry belt in northern Chile o 100% held 203,000 hectares (203 km2) of Exploration Licenses o Located north of Sierra Gorda-Spence-Cerro Colora
Slide 6: Avispa Porphyry Cu-Mo Project
Avispa Porphyry Cu-Mo Project o Avispa is located in the north-south trending Paleocene Cu-Mo porphyry belt in the Atacama of northern Chile o Avispa is 203,000 hectares (203 km2) of 100% held Exploration Licenses o Located in the Paleocene Sierra Gorda-Spence-Cerro Colorado porphyry copper-molybden
Slide 7: Maricunga - Elvira and Potrero Gold Projects
Maricunga - Elvira and Potrero Gold Projects MARICUNGA BELT SALARES NORTE ~ 4.3 Moz Au o Located in Chile’s prolific Maricunga Belt o Option to acquire 100% of each project by staged US$7 million payments Legend o NSR of 2% with partial buy-out option of 50% Town Highway Paved Road o High-Sulphidati
Slide 8: Elvira and Potrero Project Summary
Elvira and Potrero Project Summary EPITHERMAL AND PORPHYRY GOLD POTENTIAL o Hosted in an eroded Miocene stratovolcano system o Known for significant epithermal & porphyry deposits Strato-volcano MAJOR TECHNICAL BREAKTHROUGH o Geology, structure and alteration o Geophysics LA COIPA o Geochemistry inc
Slide 9: Elvira Project
Elvira Project Epithermal-Porphyry Gold Target, High-Impact Exploration Scalable Acquisition o Access & Infrastructure: ~170 km NE of Copiapó, ~3,900 m elevation; good road access and established infrastructure o Geology: High-sulphidation epithermal system hosted in an eroded Miocene stratovolcano,
Slide 10: Elvira Project: Large Zone of Alteration
Elvira Project: Large Zone of Alteration Aster and Sentinel-2 Satellite Alteration Images for Various Minerals Jarosite Muscovite Pyrophyllite Kaolinite MAKING DISCOVERIES THAT BECOME MINES
Slide 11: Elvira Project: Trace Element Geochemistry
Elvira Project: Trace Element Geochemistry Large Hydrothermal System with Epithermal & Porphyry Characteristics Arsenic (As) defines a broad epithermal footprint, while Molybdenum (Mo) highlights localized, higher-temperature centres (possible porphyry signature) MAKING DISCOVERIES THAT BECOME MINES
Slide 12: Geomagnetics Illustrate Structure
Geomagnetics Illustrate Structure Pole Reduced Intensity & MVI Inversion Plan & E-W Sections Interpreted: Interpreted: Major N-S Structure Interpreted: Andesitic Dome Major N-S Structure Interpreted: Andesitic Dome Pole Reduced Magnetic Intensity Grid (line MVI 3D Inversion showing plan view at 3700
Slide 13: IP Resistivity & Chargeability Inversion Sections
IP Resistivity & Chargeability Inversion Sections Across the Elvira Hydrothermal Systems from North (top) to South (bottom) Note: potential resistive silicified zones flanking central conductive structural corridor Note: Chargeability anomalies potentially associated with sulphide mineralization occ
Slide 14: Inverted Resistivity & Chargeability Plans
Inverted Resistivity & Chargeability Plans At Different Elevations Chargeability Resistivity & Structural Interpretation Interpretation o Strong central o Two high-resistivity chargeability core lobes (west & east) aligned with the flank a central conductive fault zone conductive zone o High chargea
Slide 15: Geochemical Vector Modelling
Geochemical Vector Modelling Identifies Coherent Deep Porphyry Targets Outline of Interpreted Porphyry Target Location Map for the area showing distribution Combined plan (left) and cross-section (right) views of the Cohen (2011) porphyry footprint modelling of surface rock samples (red) based on mu
Slide 16: Elvira Project Drilling Update
August 2026 | geological logging complete; assays pending Elvira Project Drilling Update o Drilling Program (Phase 1 - 2,025 m) MON-ELV- 01 : Drillhole lost at 109 m MON-ELV-02 : Drillhole completed to final depth of 625 m MON-ELV-03 : Drillhole in progress MON-ELV-04 : Drillhole target MON-ELV-05 :
Slide 17: Potrero Project
Potrero Project Epithermal-Porphyry Gold Target, High-Impact Exploration Scalable Acquisition o Access & Infrastructure: 3,200-ha license, located ~170 km NE of Copiapó, ~3,800-3,900 m elevation; good road access and regional infrastructure o Geology: Preserved epithermal system with shallow epither
Slide 18: Exploration Catalysts
Exploration Catalysts EXPLORATON AVISPA Exploration work to define drilling targets* 2026 2026 2026 2026 MARICUNGA PROJECTS Exploration Drilling Drilling work to define drilling targets* *Mapping, geochemistry, and geophysics integrated using data analytics and AI-assisted interpretation MAKING DISC
Slide 19: Board of Directors and Management
Board of Directors and Management D R . AN TONY H AR WOOD TIM L IVES EY President, CEO, Director Non-executive Director Economic geologist with 40+ years in gold and copper Geologist with 30+ years’ global experience in gold and base exploration. Founder, President & CEO of Montero. Former metals. F
Slide 20: Thank You
Thank You Thank You Dr. Tony Harwood, President and CEO Montero Mining & Exploration Ltd. www.monteromining.com @monteromining Montero Mining MAKING DISCOVERIES THAT BECOME MINES
Slide 21: Avispa Cu-Mo Project
Avispa Cu-Mo Project o ACCESS AND INFRASTRUCTURE • 203 km² at 1,300-1,700 m elevation, 50 km west of Calama • Paved highway access, power lines cross property, local water o GEOLOGICAL SETTING • Paleocene-Eocene Porphyry Belt hosts Spence & Sierra Gorda o HISTORICAL WORK • Miocene-Quaternary cover o
Slide 22: Investment Case and Peer Benchmarking
Investment Case and Peer Benchmarking o Low acquisition costs which provide opportunity for o Strategic positioning among potential per group: low-cost discoveries o Underexplored, preserved mineral system RESOURCE (epithermal Au-Ag & porphyry Au-(Cu)) MINE/PROJECT OWNERSHIP DEPOSIT STYLE MOZ AU o H
Slide 23: Option to Acquire 100% of Elvira & Potrero Projects
Option to Acquire 100% of Elvira & Potrero Projects OPTION PAYMENT MILESTONES Milestone Payment o SCALABLE ACQUISITION STRUCTURE On TSXV Approval US$40,000 • Staged payments totaling US$7 million over 6 years September 15, 2026 US$100,000 • 2 separate option agreements (one per project) • Option to
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