Emperor Metals, Inc. · CSE:AUOZ
Emperor Metals — Investor Presentation (October 2026)
30 slides from Emperor Metals's investor presentation, October 2026
Slide 1: Advancing High-Grade Gold Projects in Quebec's Prolific Abitibi Greenstone Belt
October 2026 ADVANCING HIGH-GRADE GOLD PROJECTS IN QUEBEC'S PROLIFIC ABITIBI GREENSTONE BELT CSE: AUOZ OTCQB: EMAUF FRA: 9NH
Slide 2: Cautionary Statements
Cautionary Statements DISCLAIMER Emperor Metals Inc. is a Canadian mineral exploration company listed on the Canadian Securities Exchange, or CSE, which is operated by CNSX Markets Inc. Neither the CSE nor its Market Regulator (as that term is defined in the Trading Rules and policies of the CSE) ac
Slide 3: Management and Directors
Management and Directors JOHN FLOREK - M.SC., P.GEOL. ALEX HORSLEY President, CEO, Director & Co-Founder Vice President, Director & Founder Management & Advisory of >20 Public +35 years of technical and senior management +20 years of experience in the mining sector and Mining Companies with >200 yea
Slide 4: About Emperor Metals
About Emperor Metals Flagship Asset: Duquesne West Gold Project 2025 Inferred Maiden Mineral Resource Estimate • 1.46 Moz maiden resource recently defined Strategic Investor • 20,479 m drill program currently underway Rob McEwen owns • 8,000 m historical core re-sampling program in progress 7%, and
Slide 5: Capital Structure
Capital Structure As of September 2, 2026 Shares Outstanding 196,132,505 Working Capital Est. $5.4 M CAD Warrants 28,757,289 Options 17,400,000 Fully Diluted 242,289,794 " I am pleased with the progress Emperor Metals has made on the Duquesne West Gold project and the recent acquisition of the Lac P
Slide 6: Technical report references and notes
(2) (1) Derived from the technical report entitled "NI 43-101 Technical Report and Maiden Mineral Resource Estimate, Duquesne West Property, Quebec, Canada" dated effective July 2, 2025 by Warren E. Black, M.Sc., P.Geo. Fallon Clarke, B.Sc., P.Geo. and Kristopher Raffle, B.Sc., P.Geo., a copy of whi
Slide 7: Flagship Duquesne West Gold Project
Flagship Duquesne West Gold Project Rich History of Prolific Mining • The Abitibi Region is one of the world’s most prolific gold producing districts with ~200 million ounces of gold produced to date1 • Total historical gold production from the many high-grade gold deposits along the east-west trend
Slide 8: Our Edge – AI – Machine Learning
Our Edge – AI – Machine Learning AWARD WINNING AI EXPLORATION MODELLING AND PROJECT EVALUATION Advantages of AI • Increased Efficiency: AI automates data analysis, expediting exploration workflows and optimizing resource allocation • Improved Accuracy and Precision: Machine Learning minimizes human
Slide 9: AI Geological Model
AI Geological Model • First Ever Geological Model on Property (AI Developed) • Illuminates' competency contrast for previously unrecognized additional mineralized zones/ targets • Enlightens the controls to mineralization, with better targeting • Helps in the understanding to resource expansion • Im
Slide 10: Eureka Moment - Open Pit Concept
Eureka Moment - Open Pit Concept HISTORICAL DRILL HOLES (DDH) IN OPEN PIT It is estimated around 50% of historical drill core from surface to 500 meters is unsampled/assayed because previous operators overlooked the open pit potential. 2,500 m of historical core was assayed in 2023 successfully addi
Slide 11: Open Pit Concept
Open Pit Concept SHOWING BOTH PHASE 1 AND ULTIMATE PIT SCENARIO The open-pit model hosts multiple zones of high-grade and bulk-tonnage mineralization, with future drilling targeting its multimillion-ounce resource potential. 11
Slide 12: Expansion Potential: Conceptual Open Pit & Underground Model
Expansion Potential: CONCEPTUAL OPEN PIT & UNDERGROUND MODEL 12
Slide 13: Conceptual Open Pit Model
Conceptual Open Pit Model KEY INTERCEPTS Main Pit (Beige) 1.5 (m) of 7.9 g/t Au and 25.0 (m) of 0.5 g/t Au 107.5 (m) of 0.5 g/t Au Nip Zone 68.3 (m) of 0.6 g/t Au 16.0 (m) of 6.1 g/t Au 21.5 (m) of 0.6 g/t Au 2.5 (m) of 51.5 g/t Au 17.0 (m) of 3.0 g/t Au 15.0 (m) of 61.5 g/t Au 21.7 m of 35.2 g/t Au
Slide 14: Potential Stope Grade & Thickness
Potential Stope Grade & Thickness GRADE STOPE THICKNESS CRITERIA USED (Au, g/t) (m) 22.043 5.40 • Minable Shape Optimizer (MSO) used 16.255 11.11 Gold Cutoff of 3 g/t Au and Gold Cap 15.860 11.38 of 30 g/t Au 15.669 11.37 15.399 14.68 • Minimum dimensions 2.5 m (width) x 14.249 14.75 8 m (length) x
Slide 15: Duquesne West Gold Project Maiden Mineral Resource Estimate – July 2025
Duquesne West Gold Project(1) MAIDEN MINERAL RESOURCE ESTIMATE – JULY 2025 Au Cutoff (g/t) Tonnes (Mt) Au (Moz) Au (g/t) 0.2 20.19 0.661 1.02 Base Case $2,300 oz Gold 0.25 18.17 0.646 1.11 Table 1: Summary of the Inferred Mineral Resources 0.3 16.24 0.629 1.21 0.4 13.01 0.593 1.42 0.5 10.62 0.559 1.
Slide 16: 2026 Drilling Highlights
FROM TO Interval Au (g/t HOLE NO. Expansion Target (m) (m) (m) Au) DQ25-01 155.1 262.8 107.7 0.5 Low Grade Zone 2026 Drilling DQ26-20 402.7 417.7 15.0 61.5 High Grade Zone Highlights Fully funded 20,479 m 2025/26 DQ26-36 121.0 122.5 1.5 7.9 High Grade Zone drill program. Drilling complete in 66 hole
Slide 17: Drilling Highlights 2024 - 2025
FROM TO Interval Au HOLE NO. Expansion Target (m) (m) (m) (g/t Au) DQ 24-01 12 41.7 29.7 0.31 Lower Grade Zone DQ 24-02 49.5 101.6 52.1 0.8 Lower Grade Zone DQ 24-03 178.5 208.7 30.2 0.4 Lower Grade Zone DQ 24-03 330.1 344.1 14 0.4 Lower Grade Zone DQ 24-04 DQ 24-05 117 436.6 134 439.1 17 2.5 0.5 10
Slide 18: 2024 Duquesne West Early Metallurgical Work
2024 Duquesne West Early Metalurgical Work GOLD RECOVERY: CN LEACH VS. FIRE ASSAY From News Release Nov 19th, 2024 FIRE ASSAY SAMPLES (HOLE ID) CN (AU PPM) THICKNESS (M) RECOVERY (AU PPM) R DQ23-01 5.12 5.63 11.7 91% R DQ23-02 3.58 3.97 10.65 90% 1.59 Q DQ23-02 1.21 27 76% R DQ23-05 14.87 15.85 10.8
Slide 19: 2023 Phase I Assays & Core
2023 Phase I Assays & Core DQ23-01, DQ23-02 & DQ23-05 DQ23-05 (10.8 m of 15.8 g/t Au (includes 3.4 m of 27.24 DQ23-01 (11.7 m of 5.63 g/t Au) core depth of 531.3 m g/t Au) DQ23-02 (10.65 m of 3.97g/t Au (includes 5.0 m of 5.34 g/t DQ23-02 (25.0 m of 1.69 g/t Au) Au))- core depth of 540.25 m 19
Slide 20: 2023 Drilling Highlights
2023 Drilling Highlights 8,579 M DRILLING ASSAYED Hole No. From (m) To (m) Interval (m) Au (g/t Au) Resource Expansion Target DQ23-01 661.8 663.85 4.15 2.77 High-Grade Zone DQ23-01 531.3 543 11.7 5.63 High-Grade Zone DQ23-02 540.25 550.9 10.65 3.97 High-Grade Zone DQ23-02 677.1 679.6 2.5 2.69 Lower
Slide 21: Company Comparable Analysis
Company Comparable Analysis As of September 8, 2026 21
Slide 22: Lac Pelletier
Lac Pelletier UNDERGROUND WORKINGS WITH POTENTIAL STOPES ⮚ Historical mineral resource of 89,400 Oz Au Measured & Emperor’s Production Potential Indicated at 4.08 g/t Au and 137,600 Oz Au at 3.89 g/t Au, contained in several zones of mineralization(1) ⮚ Commenced an updated NI 43-101 Technical Repor
Slide 23: Lac Pelletier Neighbour Deposits
Lac Pelletier NEIGHBOUR DEPOSITS (1) 23 (1) Derived from "NI 43-101 Technical Report and Mineral Resource Estimate for the Lac Pelletier Gold Project, Quebec" prepared for Maritime Resources by InnovExplo, 2022 (the "Lac Pelletier Historical Estimate") The Lac Pelletier Historical Estimate is consid
Slide 24: Lac Pelletier Blue Sky Potential
Lac Pelletier BLUE SKY POTENTIAL 24
Slide 25: Work Complete & Catalysts
Work Complete & Catalysts Work Complete Catalysts 2023–2025 | Duquesne West Ongoing | Duquesne West • Acquired option to earn 100% interest • Additional assays from 2026 drilling • 20,000 m of drilling completed • 10,500 m of historical core assayed Q1–Q2 2027 | Updated Resource (DW) • Historical es
Slide 26: Investment Summary
Investment Summary ✓ Experienced Management: Track record of advancing and growing gold resources through exploration and development. ✓ Québec Exploration Portfolio: Projects located in a top global mining jurisdiction with established mining infrastructure and activity. ✓ 1.46 Moz Duquesne West Re
Slide 27: Contact Us
Contact Us John Florek Alex Horsley President, CEO, Director & Co-Founder Vice President, Director & Founder Johnf@emperormetals.com Alexh@emperormetals.com 807.228.3531 778.323.3058 emperormetals.com Head Office CSE: AUOZ 250 Southridge, NW, Suite 300 OTCQB: EMAUF Edmonton, Alberta Canada, T6H 4M9
Slide 28: Appendix
APPENDIX
Slide 29: Option Agreement To Earn 100% Interest Duquesne West Gold Project
Option Agreement To Earn 100% INTEREST DUQUESNE WEST GOLD PROJECT WORK WORK YEAR DUE DATE CASH SHARES COMMITMENT COMM. DATE *Agreement 0 *$500,000 *1,500,000 *$250,000 *Oct 1, 2023 Signing * 1 *Anniversary Date *$500,000 *1,500,000 *$750,000 *Oct 1, 2024 2 *Jan 20th, 2025 *$500,000 *1,500,000 *$1,25
Slide 30: Option Agreement Cost/Ounce - CAD
Option Agreement COST/OUNCE - CAD 1.46 Moz Au 30
Emperor Metals — Investor Presentation (October 2026) on 6ix