White Cliff Minerals Limited · ASX:WCN
White Cliff Minerals — Investor Presentation (March 2026)
34 slides from White Cliff Minerals's investor presentation, Mar 23, 2026
Slide 1: Advancing a Material Copper Discovery
For personal use only ADVANCING A MATERIAL COPPER DISCOVERY COR PORA TE PRESEN TAT ION OTCQB: WCMLF ASX: WCN WCMINERALS.COM.AU
Slide 2: Important Notice & Disclaimer
IMPORTANT NOTICE & DISCLAIMER The information contained in this presentation has been prepared by White Cliff Minerals Limited (the Company). To the maximum extent permitted by law, the Company and its related bodies corporate, affiliates and each of their respective directors, officers, partners, F
Slide 3: Investor Highlights
INVESTOR HIGHLIGHTS Clear Company Company focussed on delineation of a material copper project in tier 1 jurisdiction Strategy For personal use only Exciting, Early Stage White Cliff has opportunistically secured a material footprint of prospective high-grade copper ground Copper Exploration across
Slide 4: Project Locations
PROJECT LOCATIONS RAE For personal use only Cu Ag COPPER-SILVER RAE PROJEC T • Licence area totals ~2000km 2, in Nunavut • Initial results include some of the highest grade width/intersections in recent history: GREAT BEAR LAKE P ROJECT • 175m @ 2.5% Cu (DAN25008) • 90m @ 4% Cu (DAN25005) • 58m @ 3.
Slide 5: Access & Infrastructure
ACCESS & INFRASTRUCTURE RA E - WEL L L OCAT ED, PR OXIM AL T O P ORT A ND INF RA STR UCT URE • Project is well located on mainland Canada, 75 km from nearest town of For personal use only Kugluktuk (population ~2000), providing support and a deep-water port • Rae camp & project area accessed via all
Slide 6: Rae Cu-Ag Project, Nunavut, Canada
For personal use only RAE CU-AG PROJECT N UN AVUT , C AN ADA WCMINERALS.COM.AU 6
Slide 7: Rae Overview
RAE OVERVIEW RAE PROJECT DETAILS For personal use only Project covers a regional scale of ~2,000km2 - is ideally located only a short flight from the regional hub of Yellowknife and 75km from the coast and town of Kugluktuk. Highly prospective copper district with multiple high-grade outcrops and dr
Slide 8: Rae Project Area
RAE PROJECT AREA For personal use only Chalcocite rich chips from DAN25005 Example of chalcopyrite-bornite hosting quartz- carbonate veining within the lower Rae Group sediments of STK25001 between 181.30 and 181.52m Rae Project Area downhole. Core diameter is NQ2. WCMINERALS.COM.AU 8
Slide 9: Rae Project Strategy
RAE PROJECT STRATEGY DUAL-PRONGED STRATEGY UNDERWAY AT RAE For personal use only 1. Danvers Next Steps GROW THE HIGH-GRADE DANVERS DISCOVERY TO UNDERPIN AN EARLY DSO OPEN PIT OPERATION • Drilling campaign will commence April 2026 to target major geophysical anomalies • Results to date continue to de
Slide 10: Danvers Drilling
DANVERS DRILLING 2025 DRILLING RESULTS • Recent results from the maiden campaign at Danvers For personal use only have affirmed the potential for a material copper discovery • Highlights include: • DAN25008: 175m @ 2.5% Cu & 8.66g/t Ag from surface, including 14m @ 7.55% Cu & 26.8g/t Ag from 138m; t
Slide 11: Danvers Digitisation
DANVERS DIGITISATION SIGNIFICANT EXPLORATION UPSIDE For personal use only • Digitisation & field validation has improved geological confidence, enhanced 3D modelling, and expanded known mineralisation. • Key outcomes from the digitization(1) works were: • Strike Expansion: Mineralised strike at Danv
Slide 12: Danvers Regional Upside
DANVERS REGIONAL UPSIDE AN OPPORTUNITY TO ACCELERATE THE PATHWAY TO A MAIDEN RESOURCE AT RAE • A high grade copper discovery with upside potential to be realised across >9km strike (1) For personal use only • Geophysics integrated with the digitised data has revealed significant undrilled anomalies
Slide 13: Sedimentary Copper Maiden Drilling
SEDIMENTARY COPPER MAIDEN DRILLING • Proterozoic Era basins host some of the For personal use only largest sediment hosted copper deposits • First results from the diamond drillhole targeting sedimentary hosted copper at Rae confirms sediment hosted copper mineralisation: • STK25001 returned assays
Slide 14: Sedimentary Copper: Expanding Opportunity & Next Steps
SEDIMENTARY COPPER EXPANDING OPPORTUNITY & NEXT STEPS For personal use only • Drill results, alongside geophysics indicate the outer edge of the system was drilled. Typically, grades increase as the system vectors towards the higher grade chalcocite & bornite - which is seen in abundance across the
Slide 15: Drilling at Rae
DRILLING AT RAE 2026 RC & DIAMOND DRILLING TO DEFINE SCALE For personal use only Stage Set By Success 2026 Planning & Objectives ASSAYS FROM 2025 & 2025 EXPLORATION CAMPAIGNS DEMONSTRATE HIGHLY FERTILE COPPER SYSTEM ACROSS A MASSIVE AREA DRILLING CAMPAIGN WILL COMMENCE • Field sampling: 80 samples,
Slide 16: Sedimentary Copper: True Regional Scale
SEDIMENTARY COPPER TRUE REGIONAL SCALE - THE GREATER RAE OPPORTUNITY For personal use only • One of the largest emerging sedimentary copper targets worldwide • The Rae project area is similar in age, geology and formation to both the Central African Copperbelt and the European Permian Kupferschiefer
Slide 17: Project Pipeline & Exploration Upside
PROJECT PIPELINE & EXPLORATION UPSIDE 2024 FIELD CAMPAIGN(1) PROVIDES For personal use only UNTAPPED EXPLORATION UPSIDE • High grade, copper samples, retrieved from multiple areas, across significant strike length on the Project area • Multiple high-grade copper vein systems identified • Vision A ±1
Slide 18: What's Next? Upcoming Catalysts and Newsflow
For personal use only WHITE CLIFF WHAT’S NEXT? UP COMIN G CA TA LY STS AN D N EW SFL OW WCMINERALS.COM.AU 18
Slide 19: Upcoming Activity: Newsflow & What's Next
UPCOMING ACTIVITY N EW SFL OW & WH AT ’S N EXT Drilling & Results For personal use only Further drilling to be undertaken targeting the Rae sedimentary targets; and - along strike and depth from Rae testing across the 8km prospective strike at Danvers Further Geophysics Downhole electromagnetic surv
Slide 20: Corporate Overview
For personal use only CORPORATE OVERVIEW WCMINERALS.COM.AU 20
Slide 21: Board & Executive Team
CORPORATE OVERVIEW BOARD & EXECUTIVE TEAM For personal use only Gavin Rezos Troy Whittaker Eric Sondergaard Sara Kelly John Hancock Non-Executive Chairman Managing Director Executive Director Non-Executive Director Non-Executive Director Gavin has held Chairman, Troy is an executive with more Eric i
Slide 22: Capitalisation
CORPORATE OVERVIEW CAPITALISATION For personal use only DATA(1) A$0.016 2,565M A$41.2M A$5. 85M(2) A$37.7M SHARE PRICE A$ BASIC S/O MARKET CAP CASH ENTERPRISE VALUE WCN SHARE PRICE SHAREHOLDER INFO Top 20 37.6% Board & Management(3) 21.7% # of Shareholders 3,590 WCN 52W PERFORMANCE 0.016 52w high $0
Slide 23: Competent Person Statement
COMPETENT PERSON STATEMENT The information contained in this presentation has This presentation relies on information previously released to the Australian Securities Exchange: been prepared by White Cliff Minerals Limited (the Company). For personal use only 23 February 2026 “Sale of Great Bear Pro
Slide 24: Annexures
For personal use only ANNEXURES WCMINERALS.COM.AU 24
Slide 25: Sedimentary Copper - Deposit Formation
SEDIMENTARY COPPER - DEPOSIT FORMATION SCHEMATIC SECTION OF For personal use only SEDIMENT HOSTED COPPER FORMATION • Ore deposit model for sediment hosted copper deposits • Rae Copper Project now proven host to all required controls for Sedimentary Copper. Stages of Deposit Formation 1. Metal Source
Slide 26: Great Bear Cu-Au-Ag-U Project
For personal use only GREAT BEAR CU-AU-AG-U PROJECT N OR TH WEST T ER RIT ORIES, CA NA DA WCMINERALS.COM.AU 26
Slide 27: Great Bear Project Area Overview
PROJECT AREA COP PER- GOL D-SIL VE R-UR AN IUM OVERVIEW For personal use only • A historic and proven area • Recognised as one of Canada’s largest uranium mining districts • Total historical production across the area (pre-1982) was: • 13,700,000 pounds of uranium oxide (U3O8) • 34,300,000 ounces of
Slide 28: Great Bear Project Highlights
GREAT BEAR PROJECT HIGHLIGHTS COP PER- GOL D-SIL VE R-UR AN IUM EARLY EXPLORATION SUCCESS SUGGESTS VAST POTENTIAL(1) For personal use only Maiden Fieldwork What's next Highlights from 2024 campaign, included the high grade, from surface samples: A recently executed exploration agreement with the Dél
Slide 29: Great Bear Project Map
GREAT BEAR PROJECT MAP COPP ER -GOL D-SILVE R-UR AN IUM For personal use only Bornite rich massive sulphide sample (F005965) from Project target area WCMINERALS.COM.AU 29
Slide 30: Great Bear Project - Phoenix
GREAT BEAR PROJECT - PHOENIX COP PER- GOL D-SIL VE R-UR AN IUM PHOENIX1 For personal use only • Close proximity to existing logistics infrastructure • District scale, mineralised region along a major E/W fault • Located only a kilometer east from the historic Eldorado & Echo Bay mines. • 2024 maiden
Slide 31: Great Bear Project - Slider
GREAT BEAR PROJECT - SLIDER COP PER- GOL D-SIL VE R-UR AN IUM SLIDER1 For personal use only • A genuine, high grade, major silver discovery just 530m NW of the Silver Mines that produced 34,300,000oz of refined Silver • 2024 maiden campaign -delivered Bonanza Grade Silver: • 7.54% Ag (75,439g/t) (F0
Slide 32: Great Bear Project - Coyote
GREAT BEAR PROJECT - COYOTE COP PER- GOL D-SIL VE R-UR AN IUM COYOTE1 For personal use only • Located 7.3km NE of the historic Eldorado Minesite • Collapse spanning 2.5km diameter features may indicate dilation/brecciation/permeability creation at depth • Samples taken from NE 440 x 195m zone only:
Slide 33: Great Bear Project - Other Prospects
GREAT BEAR PROJECT - OTHER PROSPECTS For personal use only PAYBACK1 CHARLIE2 COUGAR1 VIPER1 • Located south of the historic • Strike covers approximately • Approximately 3.4km from • An IOCG target that includes Echo Bay & Eldorado mines 900m Viper the historic K2 occurrence and only 13km south of •
Slide 34: Contact Information
For personal use only CONTACT INFORMATION TROY WHITTAKER P: +61 8 9486 4036 E: info@wcminerals.com.au OTCQB: WCMLF ASX: WCN WCMINERALS.COM.AU
White Cliff Minerals — Investor Presentation (March 2026) on 6ix