Canterra Minerals · TSXV:CTM
Canterra Minerals — Investor Presentation (October 2026)
36 slides from Canterra Minerals's investor presentation, October 2026
Slide 1: Building The Next Copper-Zinc District
Building The Next Copper-Zinc District Resource stage growth pipeline in the Buchans District, Central Newfoundland 33Mt $50M 15,000m CTM VMS Resource CTM Market Fully Funded Base (Global M+I) Cap Today Drill Program Q4 2026 TSX.V: CTM OTCQB: CTMCF FSE: DXZB www.canterraminerals.com
Slide 2: Forward Looking Statements & Disclosures
Forward Looking Statements & Disclosures TSXV:CTM This presentation was prepared by management of Canterra Minerals Corporation (“Canterra” or the “Company”). The information contained in this presentation (a) is provided as at the date hereof, (b) does not purport to contain all the information tha
Slide 3: Resource Disclosures
Resource Disclosures The 2026 Lundberg Mineral Resource Estimate (effective date September 2, 2026) was prepared by Matthew Harrington, P.Geo., of Mercator Geological Services Limited, an independent Qualified Person under NI 43-101. It is reported within an optimized pit shell at a US$20.40/t NSR c
Slide 4: Deer Lake
Deer Lake Gander M NEWFOUNDGOLD ° GB canterra Minerals /) Equinox Gold - AuMega Metals (> Firefly Metals New Found Gold Corp. (Pirate Gold Corp. () Teck Resources () Tru Precious Metals St. John's
Slide 5: Newfoundland: The Best Canadian Mining Jurisdiction
Newfoundland: The Best Canadian Mining Jurisdiction FASTEST PATH TO PRODUCTION BUILT-IN INFRASTRUCTURE A proven track record of speed Roads, power and people already in place ▸ Valentine Gold Mine: discovery to full commercial production in just 4 years — now Canada's largest ▸ Extensive road networ
Slide 6: Investment Highlights
Investment Highlights ✓FOUNDATION OF A DEVELOPER Second-largest critical minerals resource in Newfoundland. We control the Buchans district, 7 deposits & a growing pipeline of targets directly adjoining Equinox Gold’s new Valentine mine. ✓UPSIDE OF CONSOLIDATION 36.5 Mt1 Critical Mineral resource ba
Slide 7: Corporate Overview
Corporate Overview Capital Structure and Basic Share Ownership Share Price Issued Shares1 393.5M 6M 0.25 Warrants2 29.8M 5M 0.2 Market Cap ($CAD)3 49.6M 4M Share Price ($CAD) 0.15 Cash ($CAD) 5.4M Volume 3M 0.1 2M 0.05 1M 0M 0 Michael Gentile – 5.8 % Past Financings Analyst Coverage Retail, HNW - 78
Slide 8: Comparable VMS Explorers And Developers
Comparable VMS Explorers And Developers Resource tonnage (Mt)* and reported resource grades¹ • Canterra updated for the 2026 Lundberg MRE VMS peer assets | 0–70 Mt Grey bar = Foran / Eldorado acquisition reference 2.6% 3.6% 3.5% 1.1% 1.0% 2.1% 2.7% 3.0% 1.4% 2.3% 1.4% 4.8% 2.4% 2.0% Reported CuEq‡ C
Slide 9: Management & Board Of Directors
Management & Board Of Directors Paul Moore, P.Geo, M.Sc Joanne Kearney, B.Sc Chris Pennimpede, P.Geo VP Exploration Director CEO and Director • More than 30 years of exploration • 20 years experience advising Canada’s • 19 years of exploration experience experience focused in Eastern Canada mining a
Slide 10: Buchans
Buchans
Slide 11: Buchans Project – Undeveloped and Historical Deposits
Buchans Project – Undeveloped and Historical Deposits Historic production1 (1928-1984) – 16.2 Mt >23% Cu+Pb+Zn (14.5% Zn, 7.6% Pb, 1.3% Cu, 1.37 g/t Au & 126 g/t Ag) Closed due to exhaustion of reserves MacLean Transported - 3.6 Mt -1.1% Cu, 7.5% Pb, 13.5% Zn, 118 g/t Ag & 0.9 g/t Au (mined) Rotherm
Slide 12: Lundberg Indicated Resource Growth
Lundberg Indicated Resource Growth 30 26.08 20 +34% 16.79 Contained indicated copper 10 +55% 0 Indicated tonnes added Previous MRE 2026 MRE Indicated tonnes (Mt). Contained Indicated copper: 70.5 kt to 94.8 kt; contained CuEq: 168 kt to 226 kt (+34%). TSX.V: CTM OTCQB: CTMCF www.canterraminerals.com
Slide 13: Lundberg Resource & Contained Metals
Lundberg Resource & Contained Metals 26.08 Mt Indicated at 0.87% CuEq* Category Tonnes (Mt) Cu (%) Zn (%) Pb (%) Ag (g/t) Au (g/t) CuEq (%) Indicated 26.08 0.36 1.31 0.56 5.02 0.06 0.87 Inferred 0.87 0.48 2.21 1.13 20.87 0.28 1.54 Contained metal growth in the Indicated category Cu (Mlb) Zn (Mlb) Pb
Slide 14: 2019 vs 2026 Lundberg MRE Comparison
2019 vs 2026 Lundberg MRE Comparison TSX.V: CTM OTCQB: CTMCF www.canterraminerals.com info@canterraminerals.com 19
Slide 15: 2026 Lundberg Resource Estimate
2026 Lundberg Resource Estimate Contained Metal Deposit Cut-off Category Tonnes Cu Zn Pb Au Ag Cu Eq. Zn Eq. Copper Zinc Cu Eq. Zn Eq. Mt % % % g/t g/t % % M lbs M lbs M lbs M lbs Lundberg US$20.40/t NSR Indicated 26.08 0.36 1.31 0.56 0.06 5.02 0.87 3.46 209.0 753.1 498.9 1,987.1 Inferred 0.87 0.48
Slide 16: 2026 Lundberg Modelling Domains
2026 Lundberg Modelling Domains • Largest open pit Cu – Zn deposit on the Island • Two Level high grade zone open in multiple directions, intercepts include • 5.35 m @ 6.77% CuEq (1.05% Cu, 7.17% Zn, 4.63% Pb, 140.04 g/t Ag & 0.88 g/t Au) TSX.V: CTM OTCQB: CTMCF www.canterraminerals.com info@canterr
Slide 17: Near Resource Exploration
Near Resource Exploration MacLean (transported) 3.6 Mt -1.1% Cu, 7.5% Pb, 13.5% Zn, Section 507500E 118 g/t Ag & 0.9 g/t Au • Room to discover >3Mt high-grade in situ or transported orebodies adjacent to MacLean Ore Channel Poorly Tested • Minimal testing below 250m depth Below 250 m • Requires deep
Slide 18: Growth Pipeline
Growth Pipeline PIPELINE OF HIGH-GRADE SATELLITE DEPOSITS Lundberg | 27.0 Mt @ 0.9% CuEq¹ 6 high-grade VMS deposits: Lemarchant | 3.0 Mt @ 4.4% CuEq1 Bobby’s Pond | 2.3 Mt @ 2.7% CuEq1 Boomerang | 2.1 Mt @ 5.5% CuEq1 Daniel’s Pond | 1.2 Mt @ 3.8% CuEq1 Duck Pond Mine | past producer Long Lake | 0.5
Slide 19: Growth Pipeline – Lemarchant - EM
Growth Pipeline – Lemarchant - EM • Room to discover >5Mt Duck Pond like deposit • Many near resource opportunities to grow current resource base – drilling in 2026 • Consolidated EM across many previous operators and owners have yielded many new targets that are currently being ground truthed, seve
Slide 20: Timelines & Catalysts
Timelines & Catalysts PHASE 1 PHASE 2 Anchor deposit. Grow tonnes at Lundberg. Growth pipeline. Multiple opportunities to add tonnes beyond Lundberg across the satellite deposits. • Delivered: 2026 Lundberg MRE, 26.08 Mt Indicated (+55%) • Resource drilling results • Results pending for 6,000 contin
Slide 21: Wilding
Wilding
Slide 22: A Major Player In Canada’s Next Gold Mining Camp
A Major Player In Canada’s Next Gold Mining Camp • Equinox and Eldorado aggressively entering emerging gold district • Canterra well positioned since 2021 • Valentine Lake Shear gold corridor central to CTM’s properties • Same key host lithologies, mineralization style, and structural setting • Dire
Slide 23: Wilding Project Highlights – 2025 Program
Wilding Project Highlights – 2025 Program • 1,243 m of drilling completed in Q4 2025 • Step out drilling building on the original 31.5m @ 10.89 g/t (2025 Drilling) discoveries and 2025 prospecting 4.6m @ 49.3 g/t (Trench) Deep VLSZ target 0.5m @ 5.1g/t 0.5m @ 88 g/t 11m @ 1.5 g/t 17m @ 1.0 g/t TSX.V
Slide 24: Wilding Drill Highlights
Alder Zone Elm Zone WL-25-90 2m @ 8.41g/t Au from 58.3m TSXV:CTM WL-25-100 A 31.5m @ 10.89g/t Au from 59m WL-25-101 6.6m @ 8.22 g/t Au from 14.2m Assay Au g/t 0.1-0.5 0.5-1 1-5 >5 B WL-25-99 1.5m @ 0.57g/t Au from 95.4m Aspen Target WL-25-95 4.1m @ 6.16g/t Au from 5.1m Wilding Drill Highlights Elm Z
Slide 25: Contact Information
Contact Information Tel: 604-687-6644 | E: info@canterraminerals.com www.canterraminerals.com
Slide 26: Appendix
Appendix
Slide 27: Global Resources
Global Resources Contained Metal Deposit Category Tonnes Cu Zn Pb Au Ag Zn Eq. (1) Cu Eq. (7) Copper Zinc Precious Metals (2) Cu Eq. (7) Zn Eq. (1) Rock Value (1) M % % % g/t g/t % % kt kt Au Eq. oz kt kt USD$/t Lundberg Indicated 26.1 0.4% 1.3% 0.6% 0.1 5.0 3.3% 0.9% 93.9 341.6 103,723 226.9 862.2
Slide 28: Lundberg Comparison Basis
Lundberg Comparison Basis 2019 and 2026 estimates use different economic assumptions Reporting input 2019 MRE 2026 MRE Copper price (US$/lb) 3.00 4.968 Zinc price (US$/lb) 1.20 1.350 Silver price (US$/oz) 17.00 42.30 Gold price (US$/oz) 1,250 3,285.90 NSR cut-off (US$/t) 20.00 20.40 The updated pric
Slide 29: World-class Technical Advisors
World-class Technical Advisors Phil Smerchanski, M.Sc, P.Geo Matt Penney, P.Geo Stephen Piercy , PhD, PGeo Lead Technical Advisor Geophysics VMS • Over 23 years of experience in magmatic • More than 20 years of worldwide • Head of the Piercy research group at the nickel sulphide and orogenic gold ex
Slide 30: Buchans Project – Targets & 2025 Drill Results
Buchans Project – Targets & 2025 Drill Results Pumphouse 4.20 m @4.07% CuEq Two Level MacLean Clementine 5.35 m @ 6.77% CuEq 16.0 m @1.72% CuEq West Clementine Sandfill Winter drill target Drill results pending Lundberg 68.0m @ 1.0% CuEq Nu Drill results pending Newly Staked Target
Slide 31: Location & Infrastructure
Location & Infrastructure ✓Road Accessible Year Round Buchans copper projects are connected to the provincial power grid. Gold projects are 50 km from Millertown and 30 km from the former Duck Pond mine and powerlines, served by well-maintained logging roads that adjoin Equinox’s mine road. ✓Regiona
Slide 32: Buchans – 2025 Drilling Highlights
Two Level-Lundberg H-25-3539 Buchans – 2025 Drilling Highlights 5.35m of 6.77% CuEq 18.0m of 1.07% CuEq Two Level-Lundberg Pumphouse H-25-3542 H-25-3536 2025 Highlights 4.20 m of 4.07% CuEq 4.45 m of 7.73% CuEq • ~8600m drilled at Buchans 86.0m of 0.91% CuEq Clementine • Lundberg mineralization expa
Slide 33: Buchans - Mine Trend Deep - Section
Buchans - Mine Trend Deep - Section 507500E – Western limit of previous mining Proposed drill hole North South Limited drilling below 250m Chargeability High ~21 m diameter block high-grade mass. sulphs (no clasts) 35.4% Epidote Fault BM/ 20.7 m 5.8% Cu, 9.0% Pb, 20.7% Zn, 156.5 g/t Ag, 1.14 g/t Au
Slide 34: Buchans Geology
Buchans Geology Structure – Thrusting Recognized Late In Camp’s History - New Exploration Opportunities… TSXV:CTM mineralized horizon Geology equiv. target horizon Other Rocks Diabase Thrust Over Buchans Group similar age - different chemical affinity (tholeiitic) Thrust Fault ore hanging (no signif
Slide 35: Buchans Project – 2026 Targets
Buchans Project – 2026 Targets Sandfill Mine Trend Multiple targets across a large property • Extensions &/or repeats of Buchans Ore West Clementine Deep horizon - under explored areas away from the historic mining operations Far East • Depth potential in areas adjacent to historical mining – Mine T
Slide 36: Buchans Sandfill Target – Untested Deep 3DIP Anomaly / Prospective Area
Buchans Sandfill Target – Untested Deep 3DIP Anomaly / Prospective Area Chargeability Anomaly Possible Ore Trend (untested) -400m Chargeability Depth Slice
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