True North Copper (TNC) Investor presentation summary

Strategic positioning and leadership

• Operates in Queensland's Mt Isa region, a Tier 1 jurisdiction with world-class copper potential.

• Holds a highly prospective portfolio of copper resource and exploration assets.

• Refreshed board and management team with strong experience and no interest-bearing debt.

• Major shareholders include Tembo Capital, Glencore Australia, and Regal Funds Management.

• Strong balance sheet and robust investor confidence.

Asset portfolio and exploration focus

• 100% ownership of Mt Oxide and Cloncurry Copper Projects, both with significant infrastructure and exploration upside.

• Mt Oxide Project features a large, underexplored mineral system with proximity to processing and power.

• Cloncurry Copper Project leverages existing mining leases and infrastructure, with production paused to focus on resource growth.

• Systematic exploration and advanced techniques are unlocking new resource opportunities.

Mt Oxide Project highlights

• District-scale copper-cobalt-silver opportunity with over 10km of strike length along the Dorman Fault.

• Vero Resource: 15.03 Mt @ 1.46% Cu & 10.59 g/t Ag (Indicated/Inferred), 9.15 Mt @ 0.23% Co (Measured/Indicated/Inferred).

• Aquila discovery: new, large-scale, high-grade Cu-Co-Ag system, open along strike and depth.

• Standout drill intercepts at Aquila include 145m @ 0.75% Cu, 0.12% Co, 2.9 g/t Ag and 30m @ 2.45% Cu, 0.02% Co, 6.2 g/t Ag.

• Ongoing drilling and geophysical surveys to define ore-body continuity and target extensions.