Murchison Minerals Ltd · TSXV:MUR
Murchison Minerals — Investor Presentation (February 2026)
27 slides from Murchison Minerals's investor presentation, February 2026
Slide 1: Discovering Energy Metals To Power the Future
2 0 2 6 Discovering Energy Metals To Power the Future C O R P O R AT E P R E S E N TAT I O N | TSXV: MUR | OTC: MURMF
Slide 2: Forward-looking statements
2 0 2 6 The statements, maps and models in this presentation are based on Forward looking information involves known and unknown risks, uncertainties information currently available to Murchison Minerals Ltd. (the and other factors which may cause the actual results, performance or “Company”) and th
Slide 3: Demand for energy metals and stable jurisdictions
2 0 2 6 To meet the rapidly expanding demand for energy metals, commitment, and HPM Ni-Cu-Co Project expedited investment in exploration, mine Quebec development, and production is essential. BMK VMS Project We must look at stable jurisdictions for our Saskatchewan future supply. Junior mining compa
Slide 4: Our Approach
2 0 2 6 OUR APPROACH OUR PROCESS OUR PROJECTS OUR PEOPLE A P P R O A C H Discovery of energy metals in • BMK (Brabant-McKenzie) VMS Highly experienced board with the underexplored areas with camp Zn-Cu-Ag Project in likes of JC Potvin and Don scale potential – within the best Saskatchewan Johnso
Slide 5: Murchison Overview
2 0 2 6 Murchison Overview Share Structure as of February 10th, 2026 Common Shares 20,774,745 O V E R V I E W Insider and Strategic Investors ~50% O/S Current Share Price CAD $0.395 Market Capitalization (Partially Diluted) CAD $8,206,024 52 Week High CAD $0.62 M I N E R A L S ’ 52 Week Low C
Slide 6: New Strategic Investor
2 0 2 6 New Strategic Investor I n v e s t o r On August 12th, 2025, Murchison welcomes HCC Group – a subsidiary of Misty ventures Inc., S t r a t e g i c the economic development entity of Mistawasis Nêhiyawak First Nation – as a new, strategic investor in Murchison Minerals. Chief Daryl Watson
Slide 7: BMK | Saskatchewan
BMK | Saskatchewan P R O J E C T Zn-Cu-Ag-Pb-Au Project B M K M I N E R A L S ’ M U R C H I S O N C O R P O R AT E P R E S E N TAT I O N | TSXV: MUR | OTC: MURMF
Slide 8: BMK | 100% Owned | VMS Project
2 0 2 6 BMK | 100% Owned | VMS Project Located in northeast Saskatchewan M U R C H I S O N M I N E R A L S ’ B M K P R O J E C T M U R C H I S O N M I N E R A L S ’ B M K P R O J E C T approximately 170 km north-east of La Ronge Excellent Infrastructure Maintained road on the property – Saskat
Slide 9: BMK | Setting
2 0 2 6 BMK | Setting M U R C H I S O N M I N E R A L S ’ B M K P R O J E C T M U R C H I S O N M I N E R A L S ’ B M K P R O J E C T Ruttan VMS mine produced 55 million tonnes grading 1.23% Cu and 1.41% Zn and the Fox VMS mine produced 12 million tonnes grading 1.82% Cu and 1.78% Zn C O R P O R AT
Slide 10: BMK | VMS Deposits
BMK | VMS Deposits 2 0 2 6 VMS deposits formed on ancient seafloor (BMK deposit is 1.8 billion years old) New deposits are currently being formed on P R O J E C T the ocean They are considered high grade with small footprints, typically forming in clusters – average VMS camp has ~7 deposits B
Slide 11: BMK | Exploration Strategy
2 0 2 6 BMK | Exploration Strategy • The BMK Deposit is post discovery with a NI 43-101 resource, and tremendous M U R C H I S O N M I N E R A L S ’ B M K P R O J E C T growth potential as the deposit remains M U R C H I S O N M I N E R A L S ’ B M K P R O J E C T open and unconstrained. There also
Slide 12: BMK | Brabant-McKenzie Deposit
BMK BMK || Brabant-McKenzie 2 0 2 6 Brabant-McKenzie Deposit Deposit Discovered by prospecting in 1956, limited work was done throughout 1960’s, and again late in the 1980’s P R O J E C T Acquired by Murchison’s predecessor, Manicouagan Minerals in 2006 NI43-101 Resource estimate updated in Se
Slide 13: BMK | Mineralization
BMK | Mineralization 2 0 2 6 • Mineralization is semi-massive to stringer sulphides Mineralized Domains with Drill Hole Intercepts • Coarse-grained pyrrhotite, sphalerite, chalcopyrite and galena P R O J E C T • Outcrops at surface, dip averages -51 degrees NW • Mineralization over 1,100 m strike le
Slide 14: BMK | Foran Deposit Comparison
2 0 2 6 BMK | Foran Deposit Comparison M U R C H I S O N M I N E R A L S ’ B M K P R O J E C T M U R C H I S O N M I N E R A L S ’ B M K P R O J E C T *Comparison does not factor in grade and uses difference cut off values for each respective historic NI43-101 and illustration is for comparative pur
Slide 15: BMK | BMK Trend
2 0 2 6 BMK | BMK Trend BMK Trend, prospective VMS trend identified over 37 km of strike length M UMR UC RH CI HS IOS NO NM IMNI EN RE AR LA SL S’ ’ B BMMK K P R O J E C T M U R C H I S O N M I N E R A L S ’ B M K P R O J E C T Top priority exploration targets: Main Lake – Grades up to 8.31% Z
Slide 16: BMK | 2025 Exploration Program
BMK | 2025 Exploration Program 2 0 2 6 Exploration activities focussed on P R O J E C T Logging/Sampling Historic Core Structural Geological Mapping Prospecting B M K Diamond Drilling M I N E R A L S ’ Work commenced late June after significant forest fires burnt through project area P
Slide 17: BMK | Resampling Program
BMK | Resampling Program 2 0 2 6 In 2024 Murchison identified zone of cryptic precious metal mineralization in historic hole BR07-39 beneath Lower Zone P R O J E C T Commenced relogging campaign focussed on relogging and resampling core from 2006 to 2008 as well as 2017 and 2018 Goal of reloggin
Slide 18: BMK | 2025 BMK Diamond Drilling
2 0 2 6 BMK | 2025 BMK Diamond Drilling Hole ID Includes From (m) To (m) Length (m) Au g/t Ag g/t Cu % Pb % Zn % Zn Eq% Cu Eq% 60.50 62.75 2.25 0.06 7.12 0.21 0.01 0.08 1.63 0.41 67.43 73.20 5.77 0.04 9.53 0.44 0.04 1.83 4.34 1.09 BMK25-001 Includes 69.50 70.50 1.00 0.05 7.64 0.58 0.08 4.31 7.27 1.8
Slide 19: BMK | Next Steps
2 0 2 6 BMK | Next Steps Continue to expand and upgrade the BMK deposit which remains open through targeted drilling M U R C H I S O N M I N E R A L S ’ B M K P R O J E C T M U R C H I S O N M I N E R A L S ’ B M K P R O J E C T Follow up on promising drill results at the Main Lake and Betty Tar
Slide 20: HPM | Quebec
HPM | Quebec 2 0 2 2 P R O J E C T Ni-C u-C o Pro j e c t H P M M I N E R A L S ’ M U R C H I S O N C O R P O R AT E P R E S E N TAT I O N | TSXV: MUR | OTC: MURMF
Slide 21: Murchison | Critical Minerals
Murchison | Critical Minerals Murchison Minerals 100%-owned HPM Project in the North M I N E R A L S • Shore Region is currently in the exploration stage of the Critical and Strategic Minerals cycle laid out by the Government of Quebec • HPM Project is 834.9 km2 represents • The projects aligns with
Slide 22: HPM | 100% Owned | Ni-Cu-Co Project
2 0 2 6 HPM | 100% Owned | Ni-Cu-Co Project Project Area Located in the Haut-Plateau de la Manicouagan region of Quebec, P R O J E C T adjacent to the Manicouagan Impact Structure Excellent infrastructure with existing and maintained rail line running through the project site - direct access to
Slide 23: HPM | Project History
2 0 2 6 HPM | Project History 1. HISTORY: In 1999 Falconbridge discovers Ni-Cu-Co mineralization. Falconbridge’s interest acquired by Pure Nickel who partnered with Murchison’s predecessor in 2007, drilling P R O J E C T the Barre de Fer deposit in 2008. Murchison acquires 100% interest in 2019 2. G
Slide 24: HPM | Barre de Fer Highlights
2 0 2 6 HPM | Barre de Fer Highlights BDF Highlight Drillholes NiEq.%* CuEq. Hole From (m) To (m) Length* (m) Ni % Cu % Co % * %** 123.8 245 121.2 1.02 0.56 0.07 1.34 3.91 Includes 134.1 144.2 10.1 2.08 1.17 0.14 2.74 7.99 P R O J E C T Includes 152 196 44 1.58 0.71 0.11 2.02 5.91 Including 152 180.
Slide 25: HPM | BDF Trend
2 0 2 6 HPM | BDF Trend P R O J E C T H P M M I N E R A L S ’ M U R C H I S O N C O R P O R AT E P R E S E N TAT I O N | TSXV: MUR | OTC: MURMF
Slide 26: Executive & Board of Directors
2 0 2 6 JEAN-CHARLES (JC) POTVIN, B.Sc. (Hon), MBA Executive & Board of Directors ERIK H. MARTIN CPA, CMA Executive Chairman Chief Financial Officer and Corporate Secretary • Co-founder of the Company • 25 years of financial disclosure & management experience with publicly-listed • President and CEO
Slide 27: Corporate Address and Contact Information
2 0 2 6 C O R P O R A T E P R E S E N T A T I O N Corporate Address: 5063 North Service Road Burlington, ON L7L 5H6 Contact Information: Troy Boisjoli, President, CEO, & Director Erik Martin, CFO Justin LaFosse, Director Corporate Development T: +1 416 565 4411 E: Info@murchisonminerals.com TSXV: MU
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