True North Copper (TNC) Investor presentation summary

Investment highlights and strategy

• Portfolio includes highly prospective copper assets in the Mt Isa region, North West Queensland, with strong infrastructure advantages.

• Limited exploration to date at Mt Oxide, with imminent drill testing of high-quality geophysical targets.

• Cloncurry Copper Project offers underexplored, drill-ready targets and opportunities to expand mine life and optimise plans.

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

Asset overview and exploration focus

• Mt Oxide Project (100% owned) is a large, underexplored mineral system with multiple drill-ready targets along a 10 km trend.

• Cloncurry Copper Project (100% owned) has existing infrastructure, recent mining activity, and ongoing exploration with expansion potential.

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

• Systematic drill testing at Mt Oxide targets the Doman fault trend, host to the Vero Cu-Ag-Co Resource.

Resource development and targets

• Great Australia Mine (GAM) has eight high-priority, drill-ready targets near existing pits, aiming to extend mine life.

• Wallace North area features new near-resource targets and indicators of deeper mineralisation, with EM and IP surveys guiding exploration.

• Mt Norma offers 2 km of underexplored ironstone horizon and open mineralisation.

• Mt Oxide's Vero Resource stands at 15.03 Mt @ 1.46% Cu & 10.59 g/t Ag (220 kt Cu & 5.13 Moz Ag).