Slide 1: Expanding a High-Quality Gold Resource in a Top-Tier Jurisdiction
May 2026 CSE:CAPR Expanding a High-Quality Gold Resource in a Top-Tier Jurisdiction Copyright © 2026 www.caprockmining.com All rights reserved by Caprock Mining Corp.
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation is provided by Caprock Mining Corp. (the “Company” or “Caprock”) and includes certain “forward- and regulatory approvals; (xviii) delays in stakeholder negotiations (including negotiations with Indigenous communities looking information” and “forward-look
Slide 3: Emerging Gold Junior with a Quality Exploration Asset
#3 EMERGING GOLD JUNIOR WITH A QUALITY EXPLORATION ASSET High-Quality Project in a World-Class Jurisdiction • Mineral Resource Estimate Completed in March 2025 at Destiny, Near Val d’Or, QC • Indicated: 196,549 oz @ 0.91 g/t Au + Inferred: 794,886 oz @ 0.87 g/t Au • Pit-Constrained at US$2,100/oz Au
Slide 4: Destiny - Located in a World Class Gold District
#4 DESTINY - LOCATED IN A WORLD CLASS GOLD DISTRICT High-Quality Project in a World-Class Jurisdiction Excellent Infrastructure In Place • 5,013 hectares in “Elephant Country” • 75 km by road north of Val d’Or • Option to acquire 100% of the project • Numerous power lines run across the property • L
Slide 5: Sizeable Near-Surface Mineral Resource Estimate (2025)
#6 SIZEABLE NEAR-SURFACE MINERAL RESOURCE ESTIMATE (2025) MRE Completed in March 2025 Indicated Inferred 196,549 oz 794,886 oz oz grading 0.91 g/t Au+ oz grading 0.87 g/t Au Gold Price Cut-Off Grade US$2,100/oz 0.30 g/t Au MRE is constrained Resource extends from by a conceptual surface to a depth o
Slide 6: Cross-Sectional View of Mineralized Domains at Destiny
#7 CROSS-SECTIONAL VIEW OF MINERALIZED DOMAINS AT DESTINY Thick Mineralized Intense Folding Has Package Consisting of Resulted in Stacking & Numerous Gold- Thickening of Bearing Domains Mineralized Domains Strong Metal Factor Classic Abitibi Ranging from 10 gxm Characteristics: to Over 50 gxm Archea
Slide 7: Mineralization Open at Depth and Along Strike
#8 MINERALIZATION OPEN AT DEPTH AND ALONG STRIKE Resource Expansion Potential Current resource covers ~2 km out of a total shear zone strike of ~ 6 km Previous drilling intersected gold mineralization along strike beyond current resource Small percentage of previous drilling went deeper than 150 m H
Slide 8: High-Grades Intercepted in Historical Drilling at Depth
#9 HIGH-GRADES INTERCEPTED IN HISTORICAL DRILLING AT DEPTH High-Grade Potential At Depth Very few previous drill holes went deeper than ~300 m DES-01-60 returned following assays at ~550 m depth: 26.6 g/t Au 9.6 g/t Au over 1.1 m over 1.4 m 8.4 g/t Au 6.9 g/t Au over 1.0 m over 1.1 m DES-01-59 retur
Slide 9: High-Grades Confirmed in Recent Drilling
#10 HIGH-GRADES CONFIRMED IN RECENT DRILLING High-Grade At Depth 5,224 m drilled in Dec 2025 and Feb/Mar 2026 DES-26-183 intersected 38.5 g/t Au 2.8 g/t Au 6.24 g/t Au over 1.6 m over 23.2 m over 1.0 m DES-26-184W1 intersected 8.32 g/t Au 6.43 g/t Au over 2.6m over 1.8m DES-26-184 intersected 4.58 g
Slide 10: Resource Expansion Drilling Planned in Q2 2026
#11 RESOURCE EXPANSION DRILLING PLANNED IN Q2 2026 Modeling of mineralization showing an extension of A lateral extension of the strong metal factor in the centre of the pit envelopes to the southwest of the pit can greatly improve pit economics Resource Expansion Drill Program Planned Targeting nea
Slide 11: Valuation Compared to Peers
#12 VALUATION COMPARED TO PEERS Caprock Trading at CAD $15 per oz Au Average EV / Oz Au 0 50 100 150 200 250 Peer-Group Average Valuation Lowest Valuation in Peer-Group Caprock’s Current Valuation: Peer-Group Average Valuation: Caprock is Without Amex and Radisson: Significantly CAD $70 CAD $33 CAD
Slide 12: Share Capital Structure
#13 SHARE CAPITAL STRUCTURE Founders Management and Currently Issued and Outstanding Board Float 21% 29% Common Shares 124,806,557 Options 7,742,000 Big Ridge 16% Restricted Share Units 7,500,000 Power One Group 10% Warrants 41,245,581 Frank Guillemette Vancouver Based 8% Strategic Investor Fully Di
Slide 13: Executive Team
#14 EXECUTIVE TEAM DANIEL VISHAL MR. COHEN, CFA GUPTA, M.SC., P.GEO. NAZARETH, CPA, CA EXECUTIVE CHAIRMAN OF THE PRESIDENT & CEO, DIRECTOR CHIEF FINANCIAL OFFICER BOARD Mr. Gupta brings considerable mining industry expertise and public markets experience to his role as President and CEO. Previously,
Slide 14: Board of Directors
#15 BOARD OF DIRECTORS JEAN DAVID MICHAEL JIM MOORE BANDROWSKI KIRKE, CPA NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR Mr. Moore has been a consultant and an advisor to several Mr. Bandrowski is President, Chief Executive Officer & Mr. Kirke is a Canadian Chartered Public Acc
Slide 15: Technical Advisors
#16 TECHNICAL ADVISORS ROBERT J MARTIN SUZIE TREMBLAY, DEMERS, TREMBLAY, P.GEO. P.GEO. P.GEO. (RETIRED) VIA EXPLO LOGIK VIA EXPLO LOGIK Mr. Demers’ deep regional experience ranges from field Ms. Tremblay is the V.P. of Operations at Explo-Logik., Mr. Tremblay is a retired geologist who acts as a sen
Slide 16: Destiny Option Terms
#17 DESTINY OPTION TERMS Year Date Payment Status Work Commitment Status At Signing December 31, 2024 8 million shares Executed N/A Executed $100,000 CAD Year one December 31, 2025 Executed $200,000 CAD Executed $250,000 CAD in shares $250,000 CAD Year Two December 31, 2026 Outstanding $750,000 CAD
Slide 17: Thank You
May 2026 THANK Vishal Gupta President & CEO Caprock Mining Corp. YOU 36 Toronto Street | Suite 701 | Toronto | Ontario | M5C 2C5 P: +1 (647) 466-0506 E: vgupta@caprockmining.com Copyright © 2026 www.caprockmining.com All rights reserved by Caprock Mining Corp.