Slide 1: Corporate Presentation February 2026
CSE: WBGD Corporate Presentation February 2026 EXPLORING THE HEART OF WEST AFRICA’S GOLD BELT
Slide 2: Fund Raise & Use of Proceeds
FUND RAISE & USE OF PROCEEDS Catalysts & Timeline Proposed Raise Tengrela field work begins Mar 2026 1 v at $0.30/share | $0.45 warrant Soil geochemistry (auger), mapping, trenching, IP survey CAD $4.0M (2-year) 13,333,333 shares issued Sirasso drilling commences May 2026 2 v 10,000m RC & diamond dr
Slide 3: Investment Summary
INVESTMENT SUMMARY WARABA GOLD Highlights Prime Jurisdiction Cote d’Ivoire : 30% of West Africa’s Birimian belt but only 15% of its gold production The “Golden Neighbours” Surrounded by world class mines : Tongon (4.9Moz), Syama (6.1Moz) and Sissingue (1.4Moz) Proven Track Record Chief geologist ex
Slide 4: Capital Structure
CAPITAL STRUCTURE Ticker Symbol WBGD CAD $0.45 52-week High / Low 0.09 / 0.7 Shares Issued & Outstanding 39,681,455 Options v - Warrants - Fully Diluted 39,681,455 Market Cap 15,872,582 As of February 24, 2026 CSE: WBGD warabagold.com 4
Slide 5: Comparables
COMPARABLES Emerging Juniors: <400 $M USD MKT Cap (Growth & Discovery) The Dominant Producers. +1$ Billion USD MKT cap ($M USD) ($M USD) As of Feb 2026 CSE: WBGD warabagold.com 5
Slide 6: Management
MANAGEMENT MAMADOU COULIBALY CARL ESPREY Chief Executive Officer Executive Chairman Mamadou is a geologist and co-founder of Waraba Gold with over Carl brings over 22 years of experience in mineral exploration, capital 21 years of experience in mineral exploration across West Africa. He markets, and
Slide 7: Birimian Greenstone Belt
BIRIMIAN GREENSTONE BELT Côte d’Ivoire Highlights World Class Greenstone Gold Belts • Host to multi million-ounce deposits across West Africa • Côte d’Ivoire hosts 30% of West African Birimian greenstone belts yet contributes less than 15% of gold production Underexplored Upside • Significant discov
Slide 8: Regional Activities & Potential
REGIONAL ACTIVITIES & POTENTIAL Côte d’Ivoire Côte News d’Ivoire Highlights 2025/2026 • Allied Gold acquired by Zijin for C$ 5.5B (January 2026) • Barrick sale of Tongon for US $305 million to Atlantic Group • Montage Gold on-schedule for first gold pour in Q2 2027 • Montage Gold enters a strategic
Slide 9: Geology
GEOLOGY Northern Côte d’Ivoire Tengrela Project • NE & N-S structures correspond to splays from the Syama main mineralized corridor • Corridors are supported by several orpaillage activities and confirmed by magnetic geophysical surveys • Interesting high contrast zones are highlighted along geologi
Slide 10: Sirasso Geology
SIRASSO Geology Highlights • Situated on the Senoufou Greenstone Belt, ~70 km south of Barrick’s Tongon 4.5 Moz Gold Mine. • Structural complex zone in the pressure shadow of a granodiorite. • A 11.5 km NNE-NE shear corridor target (Ouobolo) with confirmed gold mineralization. • Metasedimentary, vol
Slide 11: Sirasso Project
SIRASSO Project Building on past exploration success Initial field reconnaissance and mapping indicate multiple structurally controlled target zones with artisanal activity nearby. Historical work done: • 5.754 soil samples at 1,000 m x 200 m grids • 488 pits, 2,196 m • 246 AC holes @ 10,378 m • 22
Slide 12: Sirasso Project Prospective Corridors
SIRASSO PROJECT Prospective Corridors • Targets hosted on regional structural corridors linking the Sanoufou and Boundiali greenstone belts • Southern targets in the pressure shadow of a syn-kinematic intrusion • Mineralization is hosted primarily within sheared quartz diorite units in contact with
Slide 13: Sirasso Project Next Steps
SIRASSO PROJECT Next Steps High-priority targets to be tested through: • Regional soil and auger sampling • IP geophysics • Follow-up RC scout drilling in 2026 Confirm and extend high-grade zones along the Ouobolo corridor. Test strike and dip continuity of mineralized structures. Generate data for
Slide 14: Sirasso 2026 Work Program
SIRASSO Work Program 2026 Work Program • Detailed mapping & lithology sampling to refine structural interpretation. • Complete acquisition of small-scale mining areas • Ground IP geophysics to constrain the Ouobolo corridor and improve drill targeting. • Drilling campaign: • 5,000m Aircore (AC) • 5,
Slide 15: Tengrela Neighbors
TENGRELA Neighbors Key Location • High potential, mining friendly jurisdiction with a stable government and supportive infrastructure • Positioned along the Mahale–Sissengue shear zone in the Boundiali Greenstone Belt, a regional structure associated with multiple gold discoveries. • Proximal to nea
Slide 16: Tengrela 2026 Work Program
TENGRELA Project 2026 Work Program • Detailed geochemistry soil sampling at 200/50 grids • IP Geophysics Survey and Ground Mag-Drone Geophysics Survey • 5 Trenches designed to test structures highlighted in mag surveys • Proposed drill program to test strike continuity of the Syama structure splays
Slide 17: Disclaimer
DISCLAIMER This presentation (“Presentation”), and the information contained herein, is not for general release, distribution or publication into or in any other jurisdiction where applicable laws prohibit or restrict its release, distribution or publication. This Presentation is being issued by War
Slide 18: Disclaimer
DISCLAIMER Alberta, British Columbia and Québec Investors By purchasing securities of the Company, purchasers in Alberta, British Columbia and Québec are not entitled to the statutory rights described above. In consideration of their purchase of the securities of the Company and upon accepting a pur
Slide 19: Contact Us
Contact Us Investor Relations Email: investors@warabagold.com