Cambria Gold Mines Inc. · TSXV:CAMB
Cambria Gold Mines — Investor Presentation (July 2026)
26 slides from Cambria Gold Mines's investor presentation, July 2026
Slide 1: The High-Grade Red Mountain and Premier Gold Mines in the Golden Triangle
+ TSXV:CAMB | OTCQX:CAMVF The High-Grade Red Mountain and Premier Gold Mines in the Golden Triangle, British Columbia and Mt. Margaret Copper-Gold Deposit in Washington C O R P O R A T E P R E S E N T A T I O N | J U LY 2 0 2 6 1
Slide 2: Cautionary Statement
Cautionary Statement This presentation is provided for general informational purposes only and shall not constitute an oer to sell or the solicitation of an oer to buy any securities, nor does it represent an intention to induce any person to make an investment decision or to assist any person in
Slide 3: Mt. Margaret Summary
Mt. Margaret Summary Exceptional Value; Exceptional Potential • One of the largest, undeveloped copper-gold porphyry deposits in the United States, located in Washington State • No Significant work since 2010. Most drilling from 1980 and 90s. • Co-owned by Cambria Gold Mines, the US Federal Governme
Slide 4: Mt. Margaret Historical Resource
Mt. Margaret Historical Resource A historical resource estimate was completed by Duval Mining for the Mt. Margaret deposit, with 577Mt grading 0.36% Cu, 0.24 g/t Au, 0.011% Mo, and 1.58 g/t Ag (Taylor, 1980).1 • This historic estimation work predates the implementation of National Instrument 43-101
Slide 5: The Assets: Premier & Red Mountain
The Assets: Premier & Red Mountain • Newly commissioned 2,500 tpd CIL mill, TMF, water treatment plant, 6,300m underground development; CA$538M incurred since 2021, $430M in tax pools • Two substantial gold deposits with permits or EA/EIS approval [1]: • Premier Gold Project (PGP): 4.141MT Indicated
Slide 6: Location: Golden Triangle
Scoie: 703K oz Inf.(1) Location: Golden Triangle Dolly Varden(2) • Four Significant Deposits; potential to scale up with DSO Contango Ore: Barge 186K oz Au Ind. • Red Mountain ore would be trucked to mill at Premier Lucky Shot Mine 817K oz. Au Inf. • Existing road bed to base of Red Mountain Johnso
Slide 7: What Went Wrong?
What Went Wrong? x Same sized mill as 1990’s open pit operation at Premier: >2,500 tonnes/day; diicult to feed a SAG mill of that size x Ascot started underground development much too late at Premier x All deposits at PGP were insuiciently drilled (no Proven Reserves) x Excessive care and maintena
Slide 8: The Cambria Gold Plan
The Cambria Gold Plan Revised mine plan, updated feasibility study underway • Red Mountain hosts 543.8k oz. MEASURED at 8.81g/t Au[1] with production- size underground access within 200m of surface and high grade zones up to 25m in true width at the Marc Zone. This deposit is the key to a successful
Slide 9: Recapitalization
Recapitalization $190M of recapitalization in equity funding to clean up balance sheet • Nov 7, 2025 – Announced launch of $0.01 rights oering C$15M Rights • Dec 15, 2025 – Closed C$14.9M rights oering (48.53% issued to insiders before closing) Oering • Use of proceeds to sele outstanding amount
Slide 10: Capitalization
Capitalization Fully funded with a clean, restructured balance sheet Capital Structure Pro-Forma Ownership Common Shares O/S (Basic) 422M Options 23.2M RSUs & DSUs 9.4M Warrants (0.60) 11.8M Warrants (0.85) 100M Warrants (other) 11.5M Share Reserve (Nebari Converts) 18.1M Common Shares O/S (FD) 608.
Slide 11: Our Team
Our Team Our Directors Alex Morrison, CA, CPA Chairman Rob McLeod CEO, President, Director Andree St-Germain, MBA, ICD.D Independent Director Joe Driscoll Independent Director José Néstor Marun, P.Eng. Director (Ccori Apu) Paul Saxton, P.Eng., MBA Independent Director Ryan Weymark, PEng. Director Ou
Slide 12: Premier Gold Project Deposits
Premier Gold Project Deposits Three significant deposits plus several satellite zones Scoie Big Missouri Silver Access Road to CoinHighway 37A Soil Stockpile Haul Road to Mine TMF Site Mill Process Plant TMF Premier 12
Slide 13: PGP & Red Mountain Resources
PGP & Red Mountain Resources 13
Slide 14: Red Mountain
Red Mountain (a CAMBRIA wey” GOLD MINES
Slide 15: Red Mountain and Lost Valley
Red Mountain and Lost Valley 15
Slide 16: Red Mountain Resources
Red Mountain Resources Au Ag Ounces Ounces Classification Tonnes (g/t) (g/t) Au Ag Measured 1,920,000 8.81 28.30 544,000 1,747,000 Indicated 1,271,000 5.85 10.00 239,000 409,000 Measured + 3,191,000 7.63 24.52 783,000 2,516,000 Indicated Inferred 405,000 5.32 7.30 69,000 96,000 • Open for Resource E
Slide 17: Red Mountain Mineralization
Red Mountain Mineralization • Revised geological interpretation of (identification of high- amplitude folds) • Post mineral strike-slip faults separate the mineralized zones • Measured Resources are scissored; bulk sampled to verify continuity • No additional drilling required until road access. Alt
Slide 18: Permitted Project Infrastructure
Permied Project Infrastructure Significant Underground Workings Red Mountain Mining Fleet Bulk Mineable Underground 2,500tpd Mill Water Treatment Tailings Management Facility (TMF) 18
Slide 19: PGP & Red Mountain Access
PGP & Red Mountain Access N Big Missouri Premier Mill Highway & PNL Portal 37A Bier Creek Bromley Humps Red Mountain Deposit Stewart 19
Slide 20: Red Mountain Access Road
Red Mountain Access Road N Upper To Highway Portal 37A Re-establishment of Lower Access Road Portal Bier Creek Bromley Humps Construction of Access Trail 20
Slide 21: Development Plan
Development Plan Immediately start Red Mountain road construction with Nisga’a and Provincial Gov’t. H1 2026 H2 2026 H1 2027 H2 2027 • Infill drilling at Premier to • Order fine-grind milling • Q1 2027 install new • Commence hauling ore allow for 2 to 3 years of circuit (Verti mill); 38-week thicken
Slide 22: Cambria Gold Summary
Cambria Gold Summary Exceptional Value; Exceptional Potential • Newly commissioned 2,500 tpd CIL mill, TMF, water treatment plant, 6,300 meters underground development; CA$538 million incurred since 2021 • Favourable restructuring with Secured and Unsecured creditors, plus support from major shareho
Slide 23: Appendix
x) CAMBRIA @” GOLD MINES
Slide 24: Debt Restructuring
Debt Restructuring Convertible Debt Cost Overrun Facility (COF) Principal: ~US$18M Principal: ~US$24M (Dec 31, 2025 balance) (Dec 31, 2025 balance) Rates: • Rate: 5.0% plus the greater of 3.0% and Initial Advance: 10.5% plus the greater of 3.5% and three- three-month SOFR month SOFR. Interest can be
Slide 25: Sprott Stream and Royalty Terms
Spro Stream and Royalty Terms • Delivery: 8.75% of gold, 100% of silver production • Rate: 3.1% NSR of production from PGP from PGP (excluding Silver Hill) and Red Mountain (excluding Red Mountain) at 10% of prevailing market price of gold and silver • Buyback: up to 50% of the royalty can be • Ste
Slide 26: Sources and Footnotes
Sources and Footnotes Slide: “Mt. Margaret Summary” – (1) Derkey et al (1990). P. 338. Metal Mines of Washington – Preliminary Report; Open File Report 90-18; (2) Taylor, J.D., 1980, Margaret project status report: Duval Corporation report (unpublished). Available in the Washington Department of Nat
Cambria Gold Mines — Investor Presentation (July 2026) on 6ix