Montero Mining And Exploration Ltd. · TSXV:MON

Montero Mining And Exploration — Investor Presentation (October 2025)

17 slides from Montero Mining And Exploration's investor presentation, Oct 1, 2025

  1. Slide 1: Making Discoveries In Chile

    TSX.V: MON Making Discoveries In Chile Copper & Gold Exploration in World-Class Mining Districts Q4 2025 – Corporate Presentation 1 TSX.V:MON

  2. 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

  3. Slide 3: Capital Structure

    Capital Structure Capital Structure (Undiluted) Share Ownership Share Price (2025-10-07) C$ $0.45 Shares Outstanding (1) mm 8.4 Market Capitalization C$mm $3.8 22% 22% Retail Board & Management Cash (2) C$mm $2.5 Debt C$mm - Enterprise Value C$mm $1.3 Options 21% 35% High Net Institutional Expiry St

  4. Slide 4: Investment Highlights

    Investment Highlights 1 ❑ District-scale projects in Chile with combined 212,000 ha1 (copper & gold). Surrounded by well-established producing mines 2 ❑ Projects with historic work by majors (BHP, Codelco, Anglo American) 3 ❑ Tight capital structure with ~57% held by insiders and institutional inves

  5. Slide 5: Project Portfolio

    Project Portfolio Paleocene Porphyry Belt ❑ Elvira and Potrero Au-Ag-Cu projects are located in the prolific Maricunga belt ❑ Montero has an option to acquire 100% of each property by making a US$7 million within 6 years, the owner has a 2% NSR, 50% of which can be purchased for US$5 million ❑ Locat

  6. Slide 6: Elvira and Potrero Projects

    Elvira and Potrero Projects ❑ Located in Chile’s prolific Maricunga Belt ❑ Option to acquire 100% of each project by staged US$7 million payments ❑ NSR of 2% with partial buy-out option of 50% ❑ High-Sulphidation Au-Ag epithermal system near surface ❑ Porphyry Au (Cu) potential - underexplored poten

  7. Slide 7: Elvira and Potrero Project Summary

    Elvira and Potrero Project Summary Epithermal and Porphyry Gold Potential ❑ Hosted in an eroded Miocene stratovolcano system ❑ Known for significant epithermal & porphyry deposits Elvira Summary ❑ Ignimbrite/ash-tuff cover volcano-sedimentary base and intruded by dacite domes/dikes ❑ Hydrothermal br

  8. Slide 8: Elvira Project – Epithermal-Porphyry Target, High-Impact

    Elvira Project – Epithermal-Porphyry Target, High-Impact Exploration Scalable Acquisition ❑ Access & Infrastructure: 1,000-ha license, ~170 km NE of Copiapó, ~3,900 m elevation; good road access and established infrastructure ❑ Geology: High-sulphidation epithermal system hosted in an eroded Miocene

  9. Slide 9: Potrero Project – Epithermal-Porphyry Target, High-Impact

    Potrero Project – Epithermal-Porphyry Target, High-Impact Exploration Scalable Acquisition ❑ Access & Infrastructure: 3,200-ha license, located ~170 km NE of Copiapó, ~3,800-3,900 m elevation; good road access and regional infrastructure ❑ Geology: Preserved epithermal system with shallow epithermal

  10. Slide 10: Option to Acquire 100% of Elvira & Potrero Projects

    Option to Acquire 100% of Elvira & Potrero Projects ❑ Scalable Acquisition Structure Option Payment Milestones • Staged payments totaling US$7 million over 6 years • 2 separate option agreements (one per project) Milestone Payment • Option to acquire 100% interest in each project On TSXV Approval US

  11. Slide 11: Avispa Porphyry Cu-Mo Project

    Avispa Porphyry Cu-Mo Project ❑ Avispa is located in the north-south trending Paleocene Cu- Mo porphyry belt in the Atacama of northern Chile ❑ Avispa is 203,000 hectares (203 km2) of 100% held Exploration Licenses ❑ Located in the Paleocene Sierra Gorda-Spence-Cerro Colorado porphyry copper-molybde

  12. Slide 12: Avispa Cu-Mo Project

    Avispa Cu-Mo Project ❑ Access and Infrastructure ❑ Historical Work • 203 km² at 1,300-1,700m elevation, 50 km west of Calama • BHP, Freeport, Codelco drilling (35 BHP holes at 2-4 km • Paved highway access, power lines cross property, local spacing) water • RC chip piles show altered intrusive rocks

  13. Slide 13: Investment Case and Peer Benchmarking

    Investment Case and Peer Benchmarking ❑ Low acquisition costs which provide opportunity for low-cost discoveries ❑ Underexplored, preserved mineral system (epithermal Au-Ag & porphyry Au-(Cu)) ❑ Historic drill grades now materially relevant ❑ Multiple monetization paths: • Epithermal - Early-stage o

  14. Slide 14: Exploration Catalysts

    Exploration Catalysts EXPLORATON AVISPA Exploration work to define drilling targets* 2025 2026 2026 2026 Q3 Q4 Q4Q2 Q1 Q2 Q3 MARICUNGA PROJECTS Exploration Drilling Drilling work to define Targets drilling targets* Defined *Mapping, Geochemistry, and Geophysics analyzed and driven by AI 14 MAKING MA

  15. Slide 15: Board of Directors and Management

    Board of Directors and Management DR. ANTONY HARWOOD JAMIE LEVY President, CEO, Director Non-executive Director Economic geologist with 40+ years in gold and copper 25 years in financing and management of Canadian mining exploration. Founder, President & CEO of Montero. Former companies. Former Pres

  16. Slide 16: Thank You

    Thank You Dr. Tony Harwood, President and CEO Montero Mining & Exploration Ltd. www.monteromining.com @monteromining Montero Mining 16 TSX.V:MON

  17. Slide 17: Why the Maricunga belt?

    Why the Maricunga belt? Geological Setting ❑ Miocene stratovolcanoes & intrusions ideal for Au-Ag-Cu ❑ Large alteration zones = strong mineralization indicators Proven Endowment ❑ Hosts multi-million-ounce deposits: • Kinross’ La Coipa (>6 Moz Au-Ag)1 • Gold Fields’ Salares Norte (>5 Moz Au)2 • Rio2

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