Slide 1: Portfolio of Porphyry Copper Projects in the Americas
Portfolio of Porphyry Copper Projects in the Americas TSX.V: LBC www.liberocopper.com BIG RED - 2021 DRILLING BR-21-28 ~290m
Slide 2: Forward-looking statements and technical information
Certain statements included in this presentation are forward-looking statements within the meaning of Canadian securities laws, including the following statements: the ability of Libero Copper Corporation (“Libero” or the “Company”) to develop resources and then further develop reserves and resource
Slide 3: Is About Timing
IS ABOUT TIMING “There is a lack sizeable low-risk jurisdictions high confidence of delivery 1 TSX.V: LBC www.liberocopper.com 3
Slide 4: Discovery, Exploration Target Definition, PEA
PEA and Exploration Target Discovery Mineral Resource Engineering Definition Studies 4
Slide 5: Positioned
POSITIONED BC, Canada • • Colombia industrial scale open-pit mine potential San Juan, Argentina 5
Slide 6: Management and Directors
Robert Pease Director Built the Mt. Milligan mine Former GM global projects – Placer Dome Bradley Rourke Director CEO of Scottie Resources Bill Bennet Director Thomas Mumford Former Minister of Mines B.C. Exploration – Canada 15+ years’ experience in mineral Ian Slater exploration in BC Executive Ch
Slide 7: Share Structure
SHARE STRUCTURE = Ce) MARKET CAP: C$25M KE & KEY INVESTORS: SHARES: MANAGEMENT 10% 47M B2GOLD 5% 65M FULLY DILUTED US GLOBAL 5% 34 million shares issued at between $0.50 - $0.75/share ial | LIQUIDITY: 150,000 shares/day
Slide 8: Projects - Canada
PROJECTS - CANADA TSX.V: LBC British Columbia CANADA www.liberocopper.com ~ DEASE LAKE ae ] TELEGRAI a. Werte ,e@ f RED CHRIS BIG RED 2A CREEK e GALORE CREEK @ KsM Ol “a BIG BULK
Slide 9: Big Red
* BIG RED • • * Copper equivalent grades (%CuEq) are for comparative purposes only. Calculations are uncut and recovery is assumed to be 100% as no metallurgical data is available. Metal prices of STINGER ZONE US$3.50/lb copper, US$25oz silver, and US$1,850/oz gold 10
Slide 10: Big Red – 2021 Program
BIG RED – 2021 PROGRAM ✓ ✓ ✓ ✓ ✓ ✓ ✓ 11
Slide 11: Big Red First Hole
BIG RED FIRST HOLE ✓ ✓ ✓ ✓ Textural examples of mineralization present in the first drill hole of the season BR-21-28: (a) megacrystic syenitic porphyry with fine disseminated pyrite ± chalcopyrite, (b) abundant disseminated chalcopyrite and pyrite hosted in an equigranular quartz monzodiorite, and
Slide 12: Big Red – First Hole
BIG RED – FIRST HOLE * Copper equivalent grades (%CuEq) are for comparative purposes only. Calculations are uncut and recovery is assumed to be 100% as no metallurgical data is 13 available. Metal prices of US$3.50/lb copper, US$25oz silver, and US$1,850/oz gold
Slide 13: Comparable projects disclaimer
The Company does not consider the indicated resource, grades, or geology of comparable * Copper equivalent grades (%CuEq) are for comparative purposes only. projects to be indicative of what is present at the Company’s projects. The examples of Calculations are uncut and recovery is assumed to be 10
Slide 14: Big Bulk
PROJECTS - BC, Golden Triangle (1,200 -1,350masl) Porphyry copper-gold 2001-2003: explored by Teck and Canadian Empire, holes not followed up on * 21m of 0.86% Cu and 0.4 g/t Au from a depth of 12m - 53m of 0.31% Cu and 0.2 g/t Au from 143 m depth to end of hole BIG BULK ¥Y 2021 work program complet
Slide 15: Esperanza
ESPERANZA • • • • * Copper equivalent grades (%CuEq) are for comparative purposes only. Calculations are uncut and recovery is assumed to be 100% as no metallurgical data is available. Metal prices of US$3.50/lb copper, 16 US$25oz silver, and US$1,850/oz gold
Slide 16: Esperanza Geology and Targets
PROJECTS —- ESPERANZA GEOLOGY AND TARGETS v Size —- Copper over 1,800m v 3,150 Ha added - option agreement : strike length. Mineralization with Golden Arrow | proven to 387m depth. | | Alteration intensity supports Q Drilling Permit = Lf large porphyry system. Open | J Se, at depth in all directions
Slide 17: Esperanza Mineralization
PROJECTS - MINERALIZATION Textural examples of mineralization and alteration styles in Esperanza drill hole 18- ESP-25: (a) chlorite-green sericite - chalcopyrite + late gypsum veinlets, (b) “D” type pyrite-bornite-hypogene chalcocite veinlets with white sericite halo, (c) molybdenite in gypsum vein
Slide 18: Esperanza
PROJECTS - ESPERANZA a. Josemaria ® (Josemaria) Filo del Sol (Filo Mining) ® @ Pascua-Lama e (Barrick) © © Gualcamayo Esperanza and Filo r) (Miners) del Sol are part of (Ba Netadero engi? @ 3 Esperanza irri * the Late ng S (Libero) Oligocene to Hualitan Miocene (Challenger) ° MINES Porphyry- . Los A
Slide 19: Esperanza
ESPERANZA White bleaching (sericite) and D vein (pyrite with Robust copper-gold mineralizing systems are white haloes) stockwork development. Deep porphyry characterized by dense quartz vein stockwork drives a sericite overprint onto shallower zone. development associated with brown biotite alterati
Slide 20: Esperanza
ESPERANZA – May 2019 – May 2021 – Today Testing TOP of SYSTEM FSDH028: 858m 1.40% FSDH028: CuEq 548m 1.00% 18-ESP-025: CuEq 200m 387 m of 0.78% Cueq SAME SCALE * Copper equivalent grades (%CuEq) are for comparative purposes only. Calculations are uncut and recovery is assumed to be 100% as no The Co
Slide 21: Esperanza Comparison to Filo del Sol
PROJECTS -— ESPERANZA COMPARISON TO FILO DEL SOL Characteristic Filo Del Sol Telescoping and juxtaposition of multiple systems increases likelihood that porphyry system extends to depth Mafic to intermediate composition (reactive) host rocks Late Oligocene to Miocene Porphyry-Epithermal Belt Large a
Slide 22: Mocoa
MOCOA • • • * Copper equivalent grades (%CuEq) are for comparative purposes only. Calculations are uncut and recovery is assumed to be 100% as minimal metallurgical data is available. Metal prices of US$3.50/lb copper, US$15/lb molybdenum, and US$1,850/oz gold **In-pit resource contained within shel
Slide 23: Mocoa Opportunity – Resource Expansion
PROJECTS - MOCOA / OPPORTUNITY — RESOURCE EXPANSION Cross Sections RESOURCE PIT 2018
Slide 24: Mocoa comparable projects
(0.33% Cu & 0.036% Mo) (0.56% Cu, 0.03% Mo & 0.1 g/t Au) 43-101 dated December 13, 2019, prepared by Trevor Rabb, PGeo * Copper equivalent grades (%CuEq) are for comparative purposes only. The Company does not consider the indicated resource, grades, or geology of comparable Calculations are uncut a
Slide 25: Mocoa
PROJECTS —- MOCOA RESPECT RESPONSABILITY PPA SF NATIONAL INTERNAL ‘Lf - VALUES <> J pp 5) POLITICAL 26
Slide 26: Mocoa Inferred Resource
MOCOA INFERRED RESOURCE • • • • Source: S&P Global Market Intelligence 27
Slide 27: Mocoa
PROJECTS —- MOCOA TopAY <————— >3 MONTHS —W——* INTERNAL FACILITATE & COLLABORATE
Slide 28: Geophysics
GEOPHYSICS Figure 4 - Transitional sericitic alteration are overprinting the prograde potassic alteration, where D-type pyrite-bornite-hypogene chalcocite veinlets Figure 1 – Magmatic-hydrothermal breccia with bornite, associated with white sericitic alteration are overprinting and cutting the A- ma
Slide 29: Soil Sampling
SOIL SAMPLING • Planned 1500 samples covering 5,912ha • 200mx200m grid • Key tool in identifying new porphyry centers • Porphyry clusters common in Jurassic belt • Untested porphyry copper target 1.5 km in diameter comparable intensity to resource 30
Slide 30: New Title Submissions
PROJECTS - MOCOA NEW TITLE SUBMISSIONS MOCOA PROJECT LEGEND % BX Mocoa Mining Titles [El Tile Applications Jurassic Belt 1 Jurassic Belt ++ Roads u-Mo Porphyry Rock Samples — Ingeominas 2002 Cu ppm + 0-20 © 20-50 © 50-100 © 100-250 @ 250-500 @ 500 - 1000 @ 11000 - 1500 ‘Sediment Samples - Ingeominas
Slide 31: Geophysics & Soil Sampling, Permitting, Drilling
Solaris C$1,400M Geophysics & Soil Sampling Filo del Sol C$1,000M GT Gold Permitting C$456M Drilling 32