Slide 1: Deutsche Goldmesse November 14-15, 2025 Frankfurt
DEUTSCHE GOLDMESSE NOVEMBER 14 - 15, 2025 FRANKFURT, GERMANY TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains or incorporates by reference “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation and applicable U.S. securities laws concerni
Slide 3: Who We Are
Who We Are Aurania is focused on low capex high return scenarios in Critical Minerals and Gold in Europe and abroad, which can more easily be put in production than typical mining projects. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 3
Slide 4: New Opportunities
New Opportunities France - Aurania is well positioned to explore for strategic metals and high-grade gold in France. Italy - MOU recently signed to evaluate waste tailings in Italy for the recovery of valuable nickel and cobalt, two “Critical Metals” for electric battery production Europe & abroad -
Slide 5: France: High-Grade Gold and other Strategic Metals
France: High-Grade Gold and other Strategic Metals TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 5
Slide 6: Europe Under Pressure over its Metal Supplies
Europe Under Pressure over its Metal Supplies Towards an increase in the use and consumption of metals As the battle for critical metals increases, Europe finds itself vulnerable—consuming 20% of global metals but producing only 3%. A clean energy future depends on secure access to metals. Europea
Slide 7: France: No Exploration Since 1980s
France: No Exploration Since 1980s France is seeking to relocate its production of critical metals. New exploration needed! French government’s response: to rekindle exploration and task BRGM with a new national inventory. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 7
Slide 8: Brittany: Strong Potential for Discovery
Brittany: Strong Potential for Discovery Long mining history Same geology as Newfoundland, Iberian Gallo-Roman period : Peninsula or Bohemian Massif Gold and Tin In Brittany, orogenic deposits contain Middle age : Lead and Silver 19th and 20th centuries : Gold, Silver, Lead, Tin, associated wi
Slide 9: High-Grade Gold
High-Grade Gold TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 9
Slide 10: Epona: Favourable Geology
Epona: Favourable Geology Presence of gold, tin and tungsten in the rivers Clay Area : possible hydrothermal alteration zone Several examples of gold nuggets from the Epona area sold online TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 10
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Slide 12: Permits Pending in Brittany, France
Permits Pending in Brittany, France Three exploration concession applications in Brittany have been pending. We have been notified that they will be granted imminently. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 12
Slide 13: Nickel Cobalt Opportunities
Nickel Cobalt Opportunities TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 13
Slide 14: Opportunities in Europe
Opportunities in Europe Aurania has identified two outstanding opportunities in Europe to potentially cheaply and efficiently extract nickel, cobalt, copper and other valuable metals from already mined waste materials. The projects have the goal of deriving valuable critical metals for Europe from d
Slide 15: Awaruite
Awaruite Awaruite is a naturally occurring alloy of nickel and iron, which is remarkable for its nickel content (75-77%) and its natural properties. It is of high density and is highly magnetic; both of which lend themselves to easy extractive recovery. Compositionally it is Ni3Fe. It occurs in mayb
Slide 16: Nickel is Essential to the Energy Transition
Nickel is Essential to the Energy Transition This metal is used as a cathode in lithium batteries in electric vehicles. For each car battery, an average of 30 kg of nickel is needed, and only 6 kg of lithium... TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 16
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Slide 18: Indonesian Nickel Plant at Night
Indonesian Nickel Plant at Night TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 18
Slide 19: Two situations offering a short path to production
Aurania staff were researching awaruite when we came across two compelling situations which we believe could offer a short path to production, to provide industry within the European Union with a realistic timeline to address the current need for Critical Metals. The word “critical” implies that the
Slide 20: North Corsica Beaches Project
North Corsica Beaches Project TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 20
Slide 21: BRGM Report
BRGM Report A rather arcane and obscure geological report that started it all off: Note date: 22 April 1960 This French Government report examined the possibilities of by-product nickel from the Canari Mine. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q
Slide 22: Nonza Beach (Corsica)
Nonza Beach (Corsica) The abandoned Canari asbestos mine can be seen in the background on the ridge, top of image. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 22
Slide 23: Nonza Beach
Nonza Beach Note the numerous black beach placers at Nonza after a major storm. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q
Slide 24: Beach Placers
Beach Placers The black lines are “beach placers” where heavy metals in the beach sands have accumulated along the strand line. These placers are repeated in numerous areas on the beach surface and also in the third dimension below the surface. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q
Slide 25: Concentrate of Awaruite
Concentrate of Awaruite Concentration with a simple gold pan produced a concentrate of the silvery coloured awaruite NiFe mineral. This assayed 50.4% Ni. The lab said this was the highest result in a natural material they had ever seen. It is approximately 10X a high-grade nickel mine sample. Note a
Slide 26: Magnetic fraction of the sand is a high-grade nickel ore
The magnetic fraction of the sand of Albo and Nonza is a high-grade nickel ore. The sand contains mainly magnetite and on average 2% nickel In the form of natural alloy: Awaruite. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q
Slide 27: Canari Mill Complex: Before Demolition 2025
Canari Mill Complex: Before Demolition 2025 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q
Slide 28: Mine waste dumped over the cliff into the Mediterranean
Mine waste was simply dumped from the mine over the cliff into the Mediterranean!!! TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q
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Slide 30: Nonza is a Synthetic Beach Composed of Mine Waste
Nonza is a Synthetic Beach Composed of Mine Waste The action of the tides and surf has comminuted the material as if it were in an autogenous grind ball mill. All the sharp edges have been knocked off and reduced to pebbles and sand. There is no free asbestos in the beach material, and it is safe to
Slide 31: Serpentinite
Serpentinite This serpentinite pebble has been sliced with a diamond saw. The tiny silvery pinpoints are the awaruite. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q
Slide 32: Progradation of the Beaches Over Time
Progradation of the Beaches Over Time Through a process known as “Longshore Drift” the Canari mine waste that was dumped into the sea has migrated down the coast 5-6 km, and filled in two historic fishing ports: Albo and Nonza TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q 32
Slide 33: Nonza is a Historic Fishing Village
Nonza is a Historic Fishing Village Remains of the historic fishing village at Nonza, today well inland of the shoreline. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q
Slide 34: Cutter Head Dredge
Cutter Head Dredge Typical cutter head suction dredge, as used to clean canals and shipping channels. Here it is being used to extract sand and gravel from a water- filled pit. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q
Slide 35: Extraction of Nickel from Awaruite is Non-Polluting
Extraction of Nickel from Awaruite is Non-Polluting Beach Magnetic concentrate with 5% nickel The sand material is highly magnetic, and therefore the High-grade iron ore awaruite can be easily extracted using Sand a magnet. and Pebbles Magnetic pebbles sand In this form, nickel is the only base meta
Slide 36: No removal of the beaches at Albo and Nonza
There will be NO removal of the beaches at Albo and Nonza. Only the heavy minerals in the minus 1 mm fraction will be taken away. The rest will be redeposited back onto the beach and recontoured so that it looks like no activity has taken place. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q
Slide 37: Magnet Fishing Offshore Nonza Beach
Magnet Fishing Offshore Nonza Beach TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q
Slide 38: This Material Assayed up to 6% Nickel
This Material Assayed up to 6% Nickel The bottom is loaded with awaruite. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q
Slide 39: Synthesis of Battery Grade Nickel Sulphate
Synthesis of “Battery Grade” Nickel Sulphate 99.994% purity. This is exactly what is needed for electric vehicle manufacture! TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q
Slide 40: Awaruite and chromite leaching contaminant heavy metals
The awaruite and chromite on the beaches and in the nearshore are leaching the contaminant heavy metals Cr, Ni, and Co, which are considered heavy metal poisons. There are documented: 6 marine species with high levels of contamination. 11 with medium contamination levels. The beaches themselves are
Slide 41: Balangero Mine Northern Italy
Balangero Mine Northern Italy TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q
Slide 42: Operated 1916-1990
Operated 1916-1990 TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q
Slide 43: MOU Signed with RSA
MOU Signed with RSA There is a very significant accumulation of dry-stacked tailings which is easily accessed. The main tailings pile was open to the elements and shedding asbestos into the environment but has been in reclamation since 1992 to eliminate asbestos windblown dust. The mitigation has co
Slide 44: Dry it…Bag it…Ship it
Dry it…Bag it…Ship it During WWII, the Axis countries experienced a serious lack of access to nickel metal. This had been used in armour plating, artillery shells and other war applications, but the shortages most significantly affected valve covers in rotary aircraft engines for which there was no
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Slide 47: Main Waste Pile (1994)
Main Waste Pile (1994) Main waste pile as it appeared in 1994. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q
Slide 48: Waste Pile at Belangero Today
Waste Pile at Belangero Today Waste pile as it appears today after recontouring and vegetating. Even though the pile is no longer an airborne asbestos threat, it is not stabilized. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q
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Slide 51: Sample Identical to that from Nonza Beach
Sample Identical to that from Nonza Beach Serpentinite sample is identical to the sample from the beach at Nonza! The silver pinpoints are awaruite. TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q
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Slide 54: This Project Checks all the Boxes
This Project Checks all the Boxes And it is a win-win for the planet! Critical metals for EV batteries Carbon sequestration Elimination of asbestos TSXV:ARU OTCQB:AUIAF FRANKFURT:20Q
Slide 55: Corporate Overview
Corporate Overview Capitalization Table Board (TSX.V:ARU, OTCQB:AUIAF, Keith Barron Chairman Frankfurt:20Q) Jonathan Kagan Director Share Price (C$) 0.155 Thomas Ullrich Director Ecuador Basic Shares Outstanding (M) 126 Nathalie Han Director Warrants (M) 60.8 Management Keith Barron CEO, President O