Slide 1: Managing Director to represent Queensland at PDAC 2026
ASX Announcement | ASX: TNC 2 March 2026 Managing Director Andrew Mooney to represent Queensland at PDAC 2026 True North Copper Limited (ASX:TNC) (True North, TNC or the Company) advises that Managing Director & CEO Andrew Mooney has been selected by the Queensland Government to represent the State’
Slide 2: Australia's next copper growth opportunity
ASX: TNC For personal use only UNEARTHING POTENTIAL Australia’s next copper growth opportunity March 2026 1
Slide 3: TNC is a growth-focused copper company
100% ownership of two major copper projects ASX: TNC in Northwest Queensland. TNC is a growth-focused copper company For personal use only Located in the Mt Isa Region 1. A Tier 1 Mineral Province with 50+ years of production history 2. Fast growing projects • Mt Oxide Project – Emerging 10km distri
Slide 4: Corporate Overview and Experienced Leadership
Corporate Overview Experienced Leadership ASX: TNC Share Price $0.53* Paul Cronin Non-Executive Chairman Shares on Issue 152.4M Deep capital markets expertise, proven track record in financing and For personal use only developing resource companies Market Capitalisation $80.8M* Co-Founder of Adriati
Slide 5: We have a growth strategy for value creation based on 3 strategic platforms
We have a growth strategy for value creation ASX: TNC TNC based on 3 strategic platforms For personal use only TM Short-term Medium-term Long-term DEVELOP GROW DISCOVER Cloncurry Copper Project Our Mt Oxide Resource Our Regional Targets PDAC PRESENTATION | MARCH 2026 4
Slide 6: Value Pathway - Develop, Grow, Discover
Value Pathway - Develop, Grow, Discover ASX: TNC A staged pipeline driving production and province scale growth Early Exploration Advanced Exploration Development Operation For personal use only 1 DEVELOP: Cloncurry Copper Project Wallace North Great Australia Potential Eloise Great Australia Wallac
Slide 7: DEVELOP: Cloncurry Copper Project
DEVELOP: Cloncurry Copper Project ASX: TNC Development Pre-Feasibility Study underway For personal use only Potential to commence mining in 2027 • Technical and economic evaluation underway • Robust plan, with expanded resource and increased scale. Hub & Spoke strategy • Existing infrastructure avai
Slide 8: Wallace North High-Grade Extension with Underground Potential
DEVELOP: Cloncurry Copper Project ASX: TNC Wallace North High-Grade Extension with Underground Potential For personal use only Eloise / Jericho* Analogue Note: % Copper Equivalent (%CuEq.) = Cu% + Au(g/t) x 1.013 based on Copper Price of US$10,000/tonne and metallurgical recovery of 90% and gold pri
Slide 9: GROW: Mt Oxide is our Flagship Project
GROW: Mt Oxide is our Flagship Project ASX: TNC 1. Vero A proven resource. For personal use only 220kt of Cu, 21kt Co, 5Moz. Ag Development potential with 15mt @ 1.5% Cu 2. Aquila A significant discovery (July 2025) A 1km strike, open in all directions • 145 m @ 0.75% Cu, 0.12% Co, 2.9 g/t Ag*, incl
Slide 10: GROW: Mt Oxide
GROW: Mt Oxide ASX: TNC A Copper, Cobalt, Silver Project with Significant Potential While Copper discoveries are getting deeper… For personal use only TNC resources are high-grade and near surface; open along strike and down dip and an open-pit target. 1,000m strike 40-60m width Open depth and strik
Slide 11: DISCOVER: Regional Targets
DISCOVER: Regional Targets ASX: TNC Discovery of Ernest Henry and Rocklands-scale systems Unlocking Queensland’s next tier-1 For personal use only copper discovery • District-scale greenfields targets. • Potential Tier-1 stand-alone discoveries or long-life feed for the Cloncurry Copper Project. Sal
Slide 12: Copper Exposure. Relative Value. Clear Positioning.
Copper Exposure. Relative Value. Clear Positioning. ASX: TNC Peer Comparison Grade $700 High grade copper mineralisation For personal use only within a proven mining region $600 Discovery Enterprise Value / CuEq Tonnes Aquila mineralisation identified $500 outside current Resource Extensions $400 Aq
Slide 13: Recent Milestones and Upcoming Catalysts
Recent Milestones and Upcoming Catalysts ASX: TNC 2025 2026 For personal use only 1 Cloncurry Copper Project Study Updates SCOPING STUDY UPDATE PRE-FEASIBILITY STUDY PFS Drilling DRILLING COMMENCED Extension Drilling CCP INFILL & EXTENSION Results Updates RESOURCE UPDATES DRILL RESULTS MET RESULTS M
Slide 14: We know where we're headed
ASX: TNC TNC For personal use only We know where we’re headed. TM WWW.TRUENORTHCOPPER.COM.AU Proven team Strong backing Clear vision With experience across Supported by leading Building a Staged Copper the mining industry institutional investors Growth Platform in Australia PDAC PRESENTATION | MARCH
Slide 15: Important Notices And Disclaimer
Important Notices And Disclaimer JORC ASX: TNC This presentation (Presentation), together with any information communicated by True North Copper Limited ABN 28 119 421 868 (the The information in this Presentation that relates to Mineral Resource Estimates for Great Australia, Orphan Shear, Taipan,
Slide 16: Appendix – TNC Mineral Resources
Appendix 1 – TNC Mineral Resources ASX: TNC Resource Cut-off Tonnes Cu Au Co Ag Cu Au Co Ag Cut-off Tonnes Cu Au Co Ag Cu Au Co Ag Category (% Cu) (Mt) Resource Category (%) (g/t) (%) (g/t) (kt) (koz) (kt) (Moz) (% Cu) (Mt) (%) (g/t) (%) (g/t) (kt) koz) (kt) (Moz) Great Australia Mt Oxide – Vero Cop
Slide 17: Appendix – References
Appendix 2 – References ASX: TNC Carnaby Resources Austral Resources Company Hammer Metals Limited True North Copper Limited Cannindah Resources Limited KGL Resources Limited Limited Australia Limited Solstice Minerals Limited AIC Mines Limited Development Stage Explorer Explorer/Developer Explorer
Slide 18: Appendix – Peer Group Resource Compilation
Appendix 3 – Peer Group Resource Compilation ASX: TNC Mea Au Au Ag Ag Ind. Au Au Ag Ag Inf. Au Au Ag Ag Total Au Au Ag Ag CuE CuEq. Company Project Resources Name References %Cu Cu kt %Co Co kt %Cu Cu kt %Co Co kt %Cu Cu kt %Co Co kt %Cu Cu kt %Co Co kt s. Mt g/t koz g/t Moz Mt g/t koz g/t Moz Mt g/
Slide 19: Appendix (cont'd) – Peer Group Resource Compilation
Appendix 3 (cont’d) –Peer Group Resource Compilation ASX: TNC Mea Au Au Ag Ag Ind. Au Au Ag Ag Inf. Au Au Ag Ag Total Au Au Ag Ag CuE CuEq. Company Project Resources Name References %Cu Cu kt %Co Co kt %Cu Cu kt %Co Co kt %Cu Cu kt %Co Co kt %Cu Cu kt %Co Co kt s. Mt g/t koz g/t Moz Mt g/t koz g/t M