Investor Presentaiton

TB Copper Project Leading Underground Copper/Gold Deposit Perspective View: Upper High Grade Zone ("UHGZ") and Initial Mining Area ("IMA") +5500 +5000 +4500 Pit C 1 2012 Inferred Resource (0.2% Cu) 2 UHGZ Pit BE Pit BW UHGZ-20-013 UHGZ-20-014- 2 Pit A UHGZ-20-015 UHGZ-20-018 UHGZ-20-016 3 IMA (0.5% Cu) UHGZ-20-011 UHGZ-20-012/012W UHGZ-20-017 MERDEKA COPPER GOLD Comments +5500 . The 1,890-meter long +5000 +4500 3 exploration decline was successfully completed in June 2020 Purple lines extending from the decline denote drilling results received in Q2-2020 Following a comprehensive internal review of the project status, a subset of the Upper High Grade Zone ("UHGZ") has been identified and prioritised for exploration and associated pre-feasibility study work This area (referred to as the Initial Mining Area - "IMA") contains the largest zone of contiguous high grade drilling results for copper and gold to date, and is well positioned for drilling from the current exploration decline location 0 125 250 Pnge 00 Azimath 325 375 500 Total Underground Copper/Gold Inferred Resources 1,900 Mt @ 0.45 %Cu & 0.45 g/t Au ~ Contains approx. 8.8 Mt Cu & 28 Moz Au UHGZ Subset of Total Underground Copper/Gold Underground Exploration Target 250-300 Mt @ 0.7-0.9 % Cu & 0.7-0.9 g/t Au IMA - Initial Mining Area Subset of UHGZ and prioritised for exploration and PFS work 14

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