Harfang Exploration, Inc. · TSXV:HAR
Harfang Exploration — Investor Presentation (July 2025)
30 slides from Harfang Exploration's investor presentation, July 2025
Slide 1: Corporate Presentation | Summer 2025
Corporate Presentation | Summer 2025 A Multi-Commodity Discovery-Driven Exploration Company TSXV : HAR
Slide 2: Forward-Looking Statements / Technical Content
FORWARD–LOOKING STATEMENTS TECHNICAL CONTENT TSXV : HAR 2
Slide 3: Board of Directors and Capitalization
harfangexploration.com BOARD OF DIRECTORS CAPITALIZATION TSXV : HAR (millions) Jean-Pierre (JP) Janson | Chair o Chair of Midland Exploration Inc. Shares Outstanding 87.9 o Former MD of Richardson GMP Limited Warrants NIL Rick Breger | President and CEO Options ($0.15 to $1.09) 3.5 o Former Corp. De
Slide 4: Management Team
MANAGEMENT TEAM__ RICK BREGER President and CEO, Director Mr. Breger has diverse industry experience spanning both the technical and financial sides of the mining industry. His career includes impactful roles at IAMGOLD Corp. and Coeur Mining Inc., where he executed strategic initiatives and a varie
Slide 5: Project Portfolio
harfangexploration.com PROJECT PORTFOLIO LAKE MENARIK SERPENT BLAKELOCK SKY LAKE TSXV : HAR EGAN 55
Slide 6: Sky Lake Gold Project
SKY LAKE GOLD PROJECT PICKLE LAKE GOLD CAMP ONTARIO Au Gold
Slide 7: Sky Lake Gold Project
harfangexploration.com SKY LAKE GOLD PROJECT PICKLE LAKE CAMP, ONTARIO ▪ Ownership: 100% Harfang ▪ Stage: Exploration ▪ Size: 475 claims (including 29 patented claims), totalling 9,054 hectares ▪ Location & Access: 35 km SW of Pickle Lake; road access via Highway 599 (approx. 1 km from site) ▪ Encum
Slide 8: Project Location
harfangexploration.com PICKLE LAKE, ON HWY 559 PROJECT LOCATION WINTER ROAD HISTORIC TRAIL NETWORK SKY LAKE TSXV : HAR KOVAL ZONE 88
Slide 9: 2025 Winter Drill Results
harfangexploration.com 2025 WINTER DRILL RESULTS SKY LAKE | 6 HOLES | 1,338 METRES 6.96 g/t Au over 17.95 m incl. 10.28 g/t Au over 8.20 m and 4.54 g/t Au over 15.60 m incl. 10.49 g/t Au over 1.90 m 7.52 g/t Au over 8.35 m incl. 14.24 g/t Au over 2.50 m 1.02 g/t Au over 9.40 m incl. 7.97 g/t Au over
Slide 10: Project Geology
PROJECT GEOLOGY SKY LAKE Felsic Intrusives Sky Lake Claim Boundary Gabbro Patented Mining Claims Clastic Sediments Major Contact & Prospectuve Trend Volcaniclastic Sediments Ontario Hwy 599 Iron Formation Power line Felsic Tuffs / Volcanics Intermediate Volcanics Mafic Volcanics NORTHERN MAFIC TERRA
Slide 11: Project Geophysics
harfangexploration.com Sky Lake Project Patented Claims PROJECT GEOPHYSICS Sky Lake Project MAG* Major Contact & Prospective Trend SKY LAKE Road Power line Harfang 2025 Drill Program Kasagiminnis Gold Deposit KOVAL ZONE TSXV : HAR Kasagiminnis Deposit (Ardiden Ltd.) 110,000 oz Au @ 4.3 g/t Au (JORC
Slide 12: Drillhole Collars
harfangexploration.com DRILLHOLE COLLARS KOVAL ZONE | SKY LAKE | HISTORIC* & MODERN KOVAL ZONE NEAR SURFACE HIGH GRADE DRILL INTERCEPTS • 2025 HAR Drill Program o 9.69 g/t Au over 18.0 m o 4.54 g/t Au over 15.6 m TSXV : HAR • 1953 Drill Program o 7.3 g/t Au over 19.5 m o 6.9 g/t Au over 7.9 m o 6.5
Slide 13: 3D Model
KOVAL ZONE | HISTORIC DATA RED ZONE 3D MODEL ORANGE ZONE YELLOW ZONE MODEL USES 87 HISTORIC DRILLHOLES WITH A MEAN LENGTH OF 68 M TSXV : HAR * THE DATA USED FOR THESE MODELS ARE 43-101 NON-COMPLIANT AND ARE THUS TREATED AS HISTORICAL INFORMATION AND HAVE NOT BEEN VERIFIED BY THE COMPANY. 1313
Slide 14: Longitudinal Section of the Red Zone
harfangexploration.com LONGITUDINAL SECTION OF THE RED ZONE SKY LAKE | LOOKING NNW 0m 0m SLA-25-03 6.96 g/t Au over 17.95 m incl. 10.28 g/t Au over 8.20 m and -100 m -100 m 10.49 g/t Au over 1.90 m SLA-25-02 1.02 g/t Au over 9.40 m -200 m -200 m SLA-25-04 4.54 g/t Au over 15.60 m incl. TSXV : HAR 7.
Slide 15: Drill Hole Data
Koval Patented Claims Collars – 2025 Drill Program Historic Drilling – non NI 43- 101 compliant DRILL RESULTS > 5 g/t Au SLA-25-03 1 - 5 g/t Au SLA-25-02 0.5 - 1 g/t Au 0.1 – 0.5 g/t Au SLA-25-06 0.05 – 0.1 g/t Au < 0,05 g/t Au SLA-25-05 SLA-25-01 TSXV : HAR SLA-25-04 Historic High-Grade Zones TO BE
Slide 16: Historic Soil Data
SOIL AND HUMUS AU RESULTS > 0.1 g/t Au HISTORIC SOIL DATA 0.05 – 0.1 g/t Au 0.005 – 0.01 g/t Au SKY LAKE <0.005 g/t Au KOVAL ZONE TSXV : HAR 16 * THE DATA USED FOR THESE MODELS ARE 43-101 NON-COMPLIANT AND ARE THUS TREATED AS HISTORICAL INFORMATION AND HAVE NOT BEEN VERIFIED BY THE COMPANY.
Slide 17: Next Steps
harfangexploration.com NEXT STEPS SKY LAKE SUMMER 2025 o FIELD WORK: ▪ Surface exploration (stripping, mapping, prospecting) ▪ Postponed until after Mishkeegogamang election (mid-August 2025) o DESKTOP WORK: TSXV : HAR ▪ Data Compilations: ✓ Historic surface and drill holes ✓ Historic IP ▪ Update th
Slide 18: Lake Menarik Project
LAKE MENARIK PROJECT EEYOU ISTCHEE JAMES BAY QUEBEC Au Ni Cu PGE Cr Gold Nickel Copper Pt-Pd Chromium
Slide 19: Lake Menarik
harfangexploration.com LAKE MENARIK EEYOU ISTCHEE JAMES BAY, QUEBEC, CANADA ▪ Commodities: Gold, Nickel, Copper, PGEs, Chromium ▪ Ownership: 100% Harfang ▪ Stage: Exploration ▪ Size: 412 claims totalling 21,179 hectares ▪ Location & Access: 45 km south of Radisson; 30 km from La Grande Airport; road
Slide 20: Menarik West
MENARIK WEST GOLD HIGHLY PROSPECTIVE LOCAL GEOLOGY: • Reminiscent of Kirkland Lake and Malartic gold camps MENARIK WEST HIGHLIGHTS • Extensive shear zone with massive • Maiden winter 2023 DD program totalling 3,416 m in 17 ankerite alteration up to 700 m holes confirmed broad gold intervals: long an
Slide 21: Menarik East
harfangexploration.com MENARIK EAST GOLD HIGHLIGHTS: • Multiple high-grade gold discoveries and new gold tend identified in 2024 through grab samples: o DV-58 – 44.30 g/t Au; 28.50 g/t Au; 20.60 g/t Au o RO-60 – 22.5 g/t Au o AG-33 – 9.13 g/t Au; 3.97 g/t Au o DV-62 – 1.37 g/t Au o DV-60 – 1.60 g/t
Slide 22: Menarik East Polymetallic CSMs
harfangexploration.com MENARIK EAST POLYMETALLIC CSMs MENARIK IGNEOUS COMPLEX (MIC) • Ultramafic zone hosts the largest historic chromium resource in northern Québec*: Cr-16 o 6.34 Mt grading 7.73% Cr2O3, 398 ppb Pd, 105 ppb Pt (in CR1, CR16, CR17, 2.5 Mt @ 7.27% Cr CR31 and CR32), and Cr-1 o 1.06 M
Slide 23: Portfolio Projects
PORTFOLIO PROJECTS BLAKELOCK | SERPENT | EGAN | PONTAX
Slide 24: Project Portfolio
harfangexploration.com PROJECT PORTFOLIO LAKE MENARIK SERPENT BLAKELOCK SKY LAKE TSXV : HAR EGAN 2 244
Slide 25: Blakelock
harfangexploration.com BLAKELOCK Hecla Agnico-Eagle Agnico-Eagle BLAKELOCK CASA BERARDI DEFORMATION ZONE, ONTARIO ▪ Commodity: Gold TSXV : HAR ▪ Ownership: 100% Harfang ▪ Stage: Exploration 0 10 20 km ▪ Size: 551 claims totalling 11,227 hectares ▪ Location & Access: 60 km west of Hecla’s Casa Berard
Slide 26: Blakelock
harfangexploration.com BLAKELOCK SPADE LAKE ZONE PORPHYRY CREEK ZONE 6.1 g/t Au over 6 m 10.9 g/t Au and 97.5 g/t Ag over 10.25 m 21.4 g/t over 1.5 m 6.2 g/t Au and 17.7 g/t Ag over 4.6 m 11.5 g/t Au 6 m GOLD – VMS POTENTIAL INTRUSION – RELATED ROAD ZONE CLUB LAKE ZONE TSXV : HAR GOLD POTENTIAL 17.8
Slide 27: Serpent
harfangexploration.com SERPENT EEYOU ISTCHEE JAMES BAY, QUEBEC, CANADA ▪ Commodities: Gold, Copper, Lithium ▪ Ownership: 100% Harfang ▪ Stage: Exploration ▪ Size: 988 claims totalling 50,843 hectares ▪ Location & Access: 90 km SSE of Radisson; 60 km from La Grande Airport; road access via Billy Diam
Slide 28: Egan
harfangexploration.com EGAN ABITIBI GREENSTONE BELT, ONTARIO ▪ Commodity: Gold ▪ Ownership: 100% Harfang ▪ Stage: Exploration ▪ Size: 449 claims totalling 11,721 hectares ▪ Location & Access: 50 km ESE of Timmins, 50 km north of Matachewan; access via newly cut logging roads ▪ Encumbrances: 2% NSR o
Slide 29: Pontax
PONTAX EEYOU ISTCHEE JAMES BAY, QUEBEC, CANADA • Commodity: Lithium • Ownership: 100% Harfang; under option to Li-FT Power Ltd. • Stage: Exploration • Encumbrances: NIL • Size: 287 claims totalling 15,323 hectares • Location & Access: 220 km north of Matagami; 100 km NE of Waskaganish; road access v
Slide 30: Contact
For further information please contact: RICK BREGER, P.Geo. President & CEO rbreger@harfangexploration.com CORPORATE ADDRESS 1100, av. des Canadiens-de-Montréal, suite 300, Montréal (Québec) H3B 2S2 TSXV : HAR
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