Metalex Ventures Ltd. · TSXV:MTX
Metalex Ventures — Shareholder Meeting (September 2026)
25 slides from Metalex Ventures's shareholder meeting presentation, Sep 25, 2026
Slide 1: 2026
2026 1
Slide 2: Disclaimer
Disclaimer This presentation does not constitute or form part of any offer for sale or solicitation of any offer to buy or subscribe for any securities in Metalex Ventures Ltd. (“Metalex”), nor shall it or any part of it form the basis of, or be relied on in connection with, or act as any inducement
Slide 3: Canadian Focus with African Assets
Canadian Focus with African Assets • Metalex Ventures Ltd is a public company listed on the TSX Venture Exchange ▪ Established in 2003 • Metalex is led by Dr Charles Fipke ▪ Discoverer of the Ekati Diamond Mine in the NWT • Chad Ulansky is the President and CEO ▪ Worked with Chuck during the discove
Slide 4: Primary Projects
Primary Projects Quebec Project ▪ Targets tested at B3 Claim Block ▪ MMI sampling program completed on B3, A1, A2 to assist in prioritizing targets ▪ Continued drilling planned at B3 ▪ Initial drilling planned for A2 South Africa “Viljoenshof” Project ▪ Application for a Mining Permit continues U2 P
Slide 5: Quebec Project
Quebec Project •The 2025 drilling program focused on the B3 claim block ▪ Tested airborne electromagnetic and magnetic anomalies ▪ 8 holes tested 4 targets ➢Though sulphides were intersected, significant metal values were not encountered ➢There remain 4 priority geophysical targets to be tested ▪ A
Slide 6: Quebec Land Position
Quebec Land Position Hudson Bay / Baie : d'Hudson 4 f Québed a ea og | " Re ard NG edeaes NEWFOUNDLAND AND LABRADOR / TERRE-NEUVE-ET-LABRADOR a ? jn BRUNSWICK ll NOUVEAU-! ET ETCLS ocharlottetown NOVA SCOTIA/ NOUVELLE-EGOSSE Legend Z| Metalex Geochemical Survey Area Metalex Claim Block Commodity @ B
Slide 7: Claim Block B3 – Nickel, Copper, Cobalt
Claim Block B3 – Nickel, Copper, Cobalt 7
Slide 8: B3 Claim Block – EM Results
B3 Claim Block – EM Results -18 conductors identified on property -8 of these are thought to represent sulphide mineralization 8
Slide 9: B3 Claim Block – Magnetic Results
B3 Claim Block – Magnetic Results 9
Slide 10: B3 Claim Block – 2025 Drilling
B3 Claim Block – 2025 Drilling 10
Slide 11: Claim Blocks A1 and A2 – Good Neighbourhood, Right Rocks
Claim Blocks A1 and A2 – Good Neighbourhood, Right Rocks 11
Slide 12: A1 Gold Potential
A1 Gold Potential Legend [O metatexciaim © 2025 MMISample Gold in Heavy Mineral Concentrate ‘Au (opb) O 00-5600 YO se-1ne0 dC) an-900 2025 Al Property Sampling Program Quebec, Canada Scale: 1:65,000 Spatial Reference Name: WGS 1984 UTM Zone 18N Map Units: Meter My EX ENTURE: 12
Slide 13: A2 Gold Potential
A2 Gold Potential Legend Meetatex claim Pett Direction % 2023 Soil Sample Gold in Heavy Mineral Concentrate ‘Au (ppb) © 0-3,000 © 3,000 - 6,000 © 6.000-9,000 O 2200-12000 O>r- Figure 6 A2 Property Gold Results and Airborne EM Survey Quebec, Canada Scale: 1:50,000 @ Page units Meter Mztaex ENT : ost
Slide 14: MMI Results Highlight Gold Targets
MMI Results Highlight Gold Targets 14
Slide 15: South African Project - Location
South African Project - Location 15
Slide 16: South Africa Project
South Africa Project • Metalex has acquired an interest in a diamond project in South Africa ▪ Close to the Kimberley Mines • Historically explored by DeBeers • A mining license is currently being applied for to allow secure land tenure
Slide 17: Permitting Summary
Permitting Summary • To date we have submitted: ▪ Final Scoping Report ▪ Social and Labour Plan ▪ Gehydrological Impact Assessment ▪ Socio-Economic Study ▪ Ecological Impact Assessment ▪ Archeological Assessment Report ▪ Wetland Study ▪ Air Quality Study ▪ Visual Impact Assessment • The government h
Slide 18: South Africa Project
South Africa Project •Several kimberlites sampled ▪ High quality DIMs recovered ➢Suggest high grade
Slide 19: U2 Project
U2 Project •Metalex’s U2 kimberlite show the potential to be a significant diamond mine •A 10,000 ton sample is to be collected with large diameter drilling •The program is fully permitted 19
Slide 20: U2 Kimberlite Pipe – High Quality Diamonds
U2 Kimberlite Pipe – High Quality Diamonds •Initial test results are similar to DeBeers’ Victor Mine ▪ Similar large size (9.3 Ha) ▪ Similar age ▪ Similar diamond indicator minerals ▪ Similar high proportion of gem quality stones (>80%) 20
Slide 21: Project Location
Project Location •The government of Ontario is putting emphasis on infrastructure to the Ring of Fire •This will provide nearby access to the U2 project
Slide 22: Exploration Agreement
Exploration Agreement •The U2 project is in the traditional territory of the Attawapiskat and Marten Falls First Nations •The proposed exploration agreement encompasses monies for training, employment, First Nation contracts and compensation •Marten Falls has signed the agreement. •Attawapiskat has
Slide 23: 2026 Plans
2026 Plans • Quebec - Gold ▪ Drilling on A2 ➢ This will test targets generated from heavy mineral sampling, soil sampling, MMI sampling and magnetic and electromagnetic geophysical surveys • Quebec - Base Metals ▪ Drilling at B3 to test additional targets • South Africa ▪ Efforts continue to bring t
Slide 24: The Company
The Company Capitalization and Ownership Company Name Metalex Ventures Ltd. Symbol MTX-TSXV Shares Outstanding 276.4 million Share Price (Sept 25, 2026) $0.02 Market Capitalization $5.5 million Options 2.53 million @ $0.08 Fully Diluted Shares O/S 279 million Cash & ST Investments $1.84 million Debt
Slide 25: 203-1634 Harvey Ave.
203-1634 Harvey Ave. Kelowna, British Columbia, V1Y 6G2 tel 250.860.8599 fax 250.860.1362 culansky@metalexventures.ca
Metalex Ventures — Shareholder Meeting (September 2026) on 6ix