Slide 1: Six Metals, One Path
Six Metals, One Path LSE: PALM PROPOSED CSE LISTING April 2026
Slide 2: Important Notices
Important Notices Forward-Looking Statements NI 43-101 Disclosure This presentation contains forward-looking statements and Scientific and technical information in this presentation has been forward-looking information within the meaning of applicable reviewed and approved by Nicholas O'Reilly MIMMM
Slide 3: Board of Directors: An Experienced and Diverse Team
Board of Directors: An Experienced and Diverse Team Darren Hazelwood Katie O'Reilly CEO Experienced private-sector leader driving CFO & Executive Director Finance professional value in high-growth natural resources. with extensive experience in Capital Markets and CFO/COO roles. Nick O'Reilly Simon
Slide 4: Panther Metals: A Unique Dual Opportunity in Canada
Panther Metals: A Unique Dual Opportunity in Canada Near-Term Production District-Scale Exploration Proposed CSE Listing Near term cashflow opportunity Large scale VMS exploration targets at Canada is not just where the projects through reprocessing historic Winston Obonga Project over 255 km² on th
Slide 5: Canadian Securities Exchange Listing Strategy
Canadian Securities Exchange Listing Strategy Panther Metals has applied for a secondary listing on the Canadian Securities Exchange (CSE) to broaden its investor base and access North American capital markets. Access Canadian Investors Direct access to Canadian mining investors, institutional funds
Slide 6: Why Ontario? World Class Mining Jurisdiction
Why Ontario? World Class Mining Jurisdiction Ontario is one of the most attractive mining jurisdictions globally, offering a stable regulatory framework and world class infrastructure. 2nd $14.2B 255+ Global Ranking Annual Production Square KM Fraser Institute 2025 2025 Mineral Production Panther's
Slide 7: Winston Tailings Project: Background & Overview
Winston Tailings Project: Background & Overview The Winston Tailings Project comprises ongoing workstreams to quantify, evaluate and permit the recovery of high-grade gold (Au), gallium (Ga), silver (Ag), zinc (Zn), copper (Cu), indium (In) and cobalt (Co) from the historic Winston Lake Mine tailing
Slide 8: Regulatory Pathway: Recovery of Minerals Permit
Regulatory Pathway: Recovery of Minerals Permit Ontario Mining Act (R.S.O. 1990, Chapter M.14), Ontario Regulation 463/24 1 2 3 The Application for Recovery of The Pre-Submission Meeting is the first Winston's active Mine Closure Plan will Minerals Permit (the "Recovery Permit") in a series of four
Slide 9: Table 2: Supporting Technical Studies for Recovery of Minerals Permit
Table 2: Supporting Technical Studies for Recovery of Minerals Permit Ontario Mining Act (R.S.O. 1990, Chapter M.14), Ontario Regulation 463/24 Supporting Technical Study When is a Study Applicable Company Comment Geochemical Assessment Report Required to provide an assessment of whether the Inputs
Slide 10: Infrastructure
Infrastructure Excellent existing onsite infrastructure will support the Recovery Permit business case and will greatly assist the development of the tailings reprocessing opportunity, including: Grid Power Construction Ground All-Weather Access Road Connected power with 115kV supply Prepared level
Slide 11: Vibracore Sampling Programme Collar Grid
Vibracore Sampling Programme 109 Collar Grid Grid sampling completed over Tailings core samples subject to geological Sample assay results are certified by ALS period January3March 2026 logging, pH and bulk density Laboratories using four-acid super trace under the geological supervision measurement
Slide 12: Vibracore Sample Results Visual Log
Vibracore Sample Results Visual Log LSE: PALM | PROPOSED CSE LISTING 13
Slide 13: LSE: PALM | PROPOSED CSE LISTING
LSE: PALM | PROPOSED CSE LISTING 14
Slide 14: Winston Location Map - Regional and Local
WINSTON LOCATION MAP - REGIONAL.PNG WINSTON LOCATION MAP - LOCAL.PNG LSE: PALM | PROPOSED CSE LISTING 15
Slide 15: Metallurgy & Key Commercial Partners
Metallurgy & Key Commercial Partners Once all assay results are received, Panther will advance to phased metallurgical testwork and commercial engagement with key strategic partners. SRK Exploration Ltd (SRK EX) Extrakt Process Solutions / TDI Solutions Independent consultants undertaking the Minera
Slide 16: Path to Production: Winston Tailings Development
Path to Production: Winston Tailings Development 1 Resource & Metallurgy Metallurgical testing underway. NI 43-101 Mineral Resource estimate in progress. Permitting advancement for mineral recovery. 2 Exploration Drilling 3 Near-Term 4 First Production Potential near-term production from tailings re
Slide 17: Obonga Project: +255km² of VMS Potential
Obonga Project: +255km² of VMS Potential The Obonga Project covers over 255 square kilometres of the Obonga Greenstone Belt, hosting multiple advanced VMS exploration targets. Obonga Targets Wishbone & Awkward Drill High grade zinc intercepts at Programme Wishbone including 11.6% Zn. 2026 drill prog
Slide 18: Work Summary Obonga Project Prospect Locations
Work Summary Drilling Campaigns Graphite Prospecting Two phases of diamond core drilling have been carried out Graphite focussed prospecting at Awkward following the consisting of 11 holes totalling 2,100m between 2021 and intersection of graphitic carbon in the 2022 drilling. 2022 targeting VMS at
Slide 19: Wishbone
Wishbone Wishbone is situated in a similar The Mattabi mine being the most 39 diamond drillhole pads permitted. geological environment to the Mattabi prolific, reportedly produced 13.5 Mt of Drilling programme due to commence VMS camp, hosted within the Sturgeon ore with an average grade of 7.5% Zn,
Slide 20: Wishbone Drill Results 2021/22
Wishbone Drill Results 2021/22 Wishbone wide massive sulphide and semi-massive sulphide mineralisation intersections in 2021/22 include: Hole WB001: Three wide sulphide intersections: Hole BBR22 WB-P1-2: Potentially commercial grades of zinc 27.3m of massive sulphide from 106.2m ('Upper layer'), wit
Slide 21: Wishbone VMS Prospects
Wishbone VMS Prospects Wishbone Inversion Modelling Highly Anomalous Copper in Lake Sediments and Streams Draining Off Wishbone LSE: PALM | PROPOSED CSE LISTING 22
Slide 22: Wishbone Inversion Modelling
DRILL PAD PREPARATION AT WISHBONE Wishbone Inversion Modelling Plan view of modelled Wishbone VMS Target showing magnetic inversion model, geological contacts and location of Panther diamond drillholes (based on magnetic inversion model shells). Notes: Image highlights the size of the modelled magne
Slide 23: Wishbone VMS Target Oblique 3D Views
Wishbone VMS Target 4 Oblique 3D Views Looking south (180° / 45°) Looking north (000° / 45°) Looking north-westerly (340° / 45°) Looking north-easterly (060° / 45°) Above: Series of oblique three-dimensional views of modelled of modelled Wishbone VMS Target showing location of Panther diamond drillh
Slide 24: Wishbone VMS Classification
Wishbone VMS Classification An important characteristic of VMS deposits is that they typically display a zonation of metals within the massive sulphide body from Fe+Cu at the base to Zn+Fe±Pb±Ba at the top and margins, related to differing temperature and chemical conditions at mineral deposition. T
Slide 25: Awkward
Awkward Awkward Prospect is targeting magmatic mafic-ultramafic intrusive-related mineralisation comprised of an interpreted magmatic conduit or "chonolith", prospective for the accumulation of magmatic sulphides of Ni-Cu-PGE and associated elements. Coincident magnetic and electromagnetic geophysic
Slide 26: Awkward Prospect Magnetic Signature Comparison
COMPARISON Awkward Prospect Magnetic Signature Comparison Awkward Prospect is a highly anomalous remnant magnetic target, interpreted to be a layered mafic intrusion and magmatic conduit based on mapped geology and airborne geophysics. The magnetic signature of the Awkward intrusions bears strong si
Slide 27: Obonga Drill Hole Collars
Obonga Drill Hole Collars LSE: PALM | PROPOSED CSE LISTING 28
Slide 28: LSE: PALM | PROPOSED CSE LISTING
LSE: PALM | PROPOSED CSE LISTING 29
Slide 29: Permitted Exploration Areas
PERMITTED EXPLORATION AREAS Awkward East Exploration Permit PR-24-000059 Permitted, Claim Cells, Drill Pads, Camp and Access Wishbone Exploration Permit PR-24-000022 Permitted, Claim Cells, Drill Pads, Camp and Access LSE: PALM | PROPOSED CSE LISTING 30
Slide 30: Dotted Lake Project: Critical Mineral Potential Near Hemlo
Dotted Lake Project: Critical Mineral Potential Near Hemlo Proximity Advantage Ultramafic Intrusions Location 16 km from the Hemlo Mine validates the regional Magnesium-rich ultramafic intrusions identified with anomalous geological setting and provides access to established mining chromium, copper,
Slide 31: Get In Touch
Get In Touch Panther Metals PLC (HQ) North America Contact LSE: PALM Proposed CSE Listing Donna Humphreys +44 (0)1462 429 743 +1 360.305.0423 d.humphreys@panthermetals.com info@panthermetals.com www.panthermetals.com