Ongwe Minerals Inc. · TSXV:OGW
Ongwe Minerals — Investor Presentation (September 2026)
26 slides from Ongwe Minerals's investor presentation, September 2026
Slide 1: Discovering Gold in Namibia
TSXV: OGW DIS COVER ING GOL D IN NAMIB IA IN VESTO R PR ESEN TATIO N SEPTEM B ER 2026 We live here. We explore here. We make discoveries here.
Slide 2: Forward Looking Statement & Disclaimer
FOR WAR D LOOK ING STATEMENT & DIS CLAIMER This document has been prepared by Ongwe Minerals Inc. (“Ongwe Minerals” or the “Company”) solely for the use in the presentation being given in connection with the recipient’s evaluation of the Company which is defined and outlined further herein. This doc
Slide 3: Ongwe Hails from a Proven Namibian Lineage
ONGWE H AILS FR OM A PR OVEN NAMIB IAN LINEAGE RTO of Great Quest Gold closed in $100m fresh working capital raised $368m cash sale to Yintai/Shanjin $180m sale to B2Gold Feb 2026 since 2024 Transaction closed 2024 1.8moz, PEA stage and largely Two Financings $4.85mil & $23mil 10x growth in share pr
Slide 4: Why Ongwe Minerals
WHY ONGWE MINERALS “OVER 10 MOZ OF GOLD DISCOVERED IN NAMIBIA IN THE LAST 15 YEARS — MORE THAN 5 MOZ OF WHICH INVOLVED MEMBERS OF THE ONGWE TEAM” ACCOMPLISHED TEAM QUALITY ASSETS Highly successful team with multiple discoveries *Namibia - 352,000 ha (Damara Belt) and high valued project exits **Egyp
Slide 5: Founders & Executive Management
FOUNDERS & EXECUTIVE MANAGEMENT CARL JOONE DAVE UNDERWOOD TONY DA SILVA PRESIDENT & CO-FOUNDER CHIEF EXECUTIVE OFFICER CHIEF FINANCIAL OFFICER Carl is a Namibian-born geologist with over a decade of gold Dave is a geologist with 30 years of exploration experience Tony is a qualified Chartered Accoun
Slide 6: Board of Directors
BOARD OF DIRECTORS HEYE DAUN ALAN FRIEDMAN DAVE UNDERWOOD JED RICHARDSON DIRECTOR DIRECTOR CEO & Director DIRECTOR A mining engineer and company builder with over 25 A Toronto-based public markets entrepreneur with Dave is a geologist with 30 years of exploration Jed Richardson has extensive experie
Slide 7: Share Structure and Timelines
SHARE STRUCTURE AND TIMELINES CAPITALIZATION OVERVIEW 59.3 million common shares $1.38 price per share (September, 8th 2026) 7.4 million warrants (price $1.06 - $2.65) $81.8 million market capitalization 3.1 million RSU’s $23.5 mil cash (August 2026) SHAREHOLDER OVERVIEW PROJECT CATALYSTS Ross Beaty
Slide 8: Namibia
NAMIBIA AFRICA’S BEST BY FAR Namibia is one of Africa’s most stable nations, with over three decades of political and economic stability since independence. Established mining sector producing diamonds, uranium, gold, and zinc. Excellent infrastructure: sealed roads, reliable electricity and water,
Slide 9: Damara Gold Project
DAMARA GOLD PROJECT PROJECT OVERVIEW OMATJETE GOLD PROJECT 152 000 ha 3 Projects 4 Discoveries 352,000ha of prospective ground Located on the regionally significant Okondeka Fault Zone which has proven to be a higly fertile mineralized system Initial surface work has outlined two significant multi-k
Slide 10: Omatjete
OMATJETE PROJECT OVERVIEW The project is located in the north Central Zone of the Damara Belt, along the regionally significant Okondeka Fault Zone (OFZ) The OFZ is a newly recognized fault system and is host to the Kokoseb Gold Deposit, the Manga Gold Discovery and the Nguni Gold Anomaly More than
Slide 11: Omatjete – Nguni Discovery
OMATJETE NGUNI DISCOVERY OVERVIEW On strike and 55km east of WIA Gold’s Kokoseb discovery and 17km east of Manga Greenfields gold discovery with a footprint exceeding 6 km in strike so far Open to west, north and east High-grade soil anomaly with 50 samples above 300ppb and peaking at 1,310ppb Inagu
Slide 12: Omatjete – Nguni Discovery Next Steps
OMATJETE NGUNI DISCOVERY NEXT STEPS Two rigs turning at Nguni 3,500m of DD drilling planned, targeting highest grade soil anomalies 1,500m of RC drilling planned, targeting 2nd tier soil anomalies along strike Below, RC rig drilling at Nguni 11
Slide 13: Omatjete – Manga Discovery
OMATJETE MANGA DISCOVERY OVERVIEW On strike and 35km east of WIA Gold’s Kokoseb discovery and 17km west of Nguni Greenfields gold discovery with a footprint exceeding 4.5 km in strike Covered by 1–15 m of calcrete and scree Rock chip sampling returned up to 19.75 g/t Au and infill soils peaked at 20
Slide 14: Khorixas
KHORIXAS PROJECT OVERVIEW Located 60 km west of Osino’s Eureka gold project with easy access via tar road Positioned within the Northern Zone of the Damara Orogenic Belt Extensive surface geochemistry with peak soil values of 1.49 g/t Au and peak rock chip assays of 145.7 g/t Au and 16.25 % Cu Targe
Slide 15: Khorixas – Belmont Discovery
KHORIXAS BELMONT DISCOVERY OVERVIEW Belmont prospect covers a 12 × 6 km zone between the Khorixas-Gaseneirob basin margin fault and the Belmont Thrust Zones ~90% of the area is concealed beneath calcrete and scree cover Exploration to date has identified 19 target areas, primarily defined by calcret
Slide 16: Khorixas – Belmont BK2 Target
KHORIXAS BELMONT - BK2 TARGET BKP036 (Percussion) 4m @ 10.2 g/t Au from 20m BKR010 (RC) 3m @ 9.21 g/t Au from 17m, and 5m @ 0.90 g/t Au from 39m, and 3m @ 6.45 g/t Au from 70m BKR019 (RC) 1m @ 4.70 g/t Au from 53m, and 5m @ 1.11 g/t Au from 63m, and 7m @ 3.23 g/t Au from 78m BKDD003 (DD) 7m @ 4.20 g
Slide 17: Khorixas – K17 Copper/Gold Prospect
KHORIXAS K17 - COPPER/GOLD PROSPECT The K17 target within the Khorixas project area represents an exciting opportunity to explore and define an intense, large-scale gold-copper anomaly with a footprint of approximately 20km2 A large number of high grade rock chip samples have been collected from the
Slide 18: Khorixas – K17 & Southern Shear
KHORIXAS K17 & SOUTHERN SHEAR Independant consultant review of the K17 and Southern Shear prospects complete Evidence points to a buried intrusion driving mineralization, supported by geochemical and geophysical data High-grade copper-gold zones occur around a key resistive core, highlighting an imp
Slide 19: Exploration Strategy
EXPLORATION STRATEGY OMATJETE - NGUNI OMATJETE - MANGA 3,500m diamond drilling (ongoing) 1,000m diamond drilling (Q4 2026) 1,500m reverse circulation drilling Calcrete sampling of eastern (ongoing) extension of bedrock anomaly Sample extensions of the Nguni (ongoing) anomaly to the west, north and e
Slide 20: carl@ongweminerals.com President & Co-Founder SUITE 1890 – 1075 WEST GEORGIA STREET
carl@ongweminerals.com dave@ongweminerals.com President & Co-Founder CEO SUITE 1890 – 1075 WEST GEORGIA STREET VANCOUVER, BC V6E 3C9
Slide 21: Egypt
EGYPT OVER 4000 YEARS OF GOLD MINING Africa’s 2nd largest economy (with largest presence of Fortune 500 in Africa) Regularly ranks as Africa’s biggest destination for FDI (Net FDI ~$7.5 billion) Major signatory to multinational and bilateral trade agreements c.10% of world trade passes through the S
Slide 22: Arabian Nubian Shield and the Central Eastern Desert
EGYPT ARABIAN NUBIAN SHIELD AND THE CENTRAL EASTERN DESERT The Central Eastern Desert (CED) forms part of the Arabian Nubian Shield (ANS), an amalgamation of volcanic arcs, small sedimentary basins, and syn- to late orogenic intrusives formed during the Pan-African Orogeny. Unlike many regions, the
Slide 23: Central Eastern Desert Project Overview
OVERVIEW CENTRAL EASTERN DESERT PROJECT The Company has a 1,900 km² Landholding in the CED of Egypt. Located 70 km NW of the 10Moz Sukari mine; near historic mines (Barramiya, Dungash, Hamash, Atud). Other companies exploring in the area include Barrick, AngloGold Ashanti (acquired Centamin, Nov 202
Slide 24: Umm Bisillah North Gold Prospect
UMM BISILLAH NORTH GOLD PROSPECT DRILL RESULTS AND TARGET OVERVIEW Drill discovery of a silica-carbonate, shear-hosted gold (Au) vein system with no prior artisanal workings. This represents an orogenic gold discovery with significant size and grade potential, located along the regional-scale Najd F
Slide 25: ASH VMS Cu-Zn-Au Prospect
ASH VMS CU-ZN-AU PROSPECT FOCUS AREA AND EXPLORATION WORK The current focus area covers approximately 300 m of strike (as shown on the map), while mineralized and gossanous horizons extend over more than 2.5 km across the region, suggesting possible structural repetition (e.g., southern target horiz
Slide 26: Egypt Licences and Prospects
EGYPT LICENCES AND PROSPECTS 24
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