True North Copper (TNC) Investor presentation summary

Investment highlights and strategy

• Portfolio includes high-grade copper assets in the Cloncurry/Mt Isa region, supported by strong infrastructure.

• Mt Oxide offers advanced Cu-Ag-Co exploration potential with limited prior drilling beyond the Vero deposit.

• Cloncurry Copper Project (CCP) features near-pit opportunities and multiple drill-ready targets for mine life expansion.

• Business reset with a refreshed board, strong balance sheet, and revised growth strategy.

Asset overview and exploration focus

• Mt Oxide Project is underexplored, with resource extension potential and multiple targets along a 10 km trend.

• CCP benefits from existing infrastructure and ongoing exploration, with mining at Wallace Complex restarted in July 2024.

• Aggressive exploration planned within 30 km of Cloncurry Operations Hub to discover new resources.

• Systematic drilling at Mt Oxide targets the Doman fault trend, host to the Vero Cu-Ag-Co resource.

Resource and drilling programs

• Vero Resource at Mt Oxide: 15.03 Mt at 1.46% Cu & 10.59 g/t Ag (Indicated and Inferred), with significant extension potential.

• Camp Gossans and Black Marlin targets identified as large-scale, underexplored geophysical anomalies.

• CCP drilling program includes 18 RC holes (2,940m) across multiple targets, aiming to expand and convert resources.

• Wallace North & Surrounds: 14 RC holes (2,900m) planned to test IP anomalies and resource extensions.