Investor Presentaiton

Project materially de-risked, DFS substantially completed Elementos has confirmed all the key data for the project, with engineering of key elements markedly matured, significantly de-risking the project's development and underwriting the confidence of the upcoming Oropesa Definitive Feasibility Study. ELEMENTOS 01 Mineral Resource defined - 95% Measure & Indicated categories 02 XRT Ore sorting proven – avg. 20% grade upgrade, 24% waste rejection 03 Metallurgical upgrades confirmed – Both pilot scale & variability 04 Geotechnical parameters known - Supports open cut mining 05 Groundwater studies complete - Dewatering and water sourcing achieved 06 Open pit mine designs and scheduling completed – Efficiency ensured 07 Project layouts - Efficient layouts established, minimizing disturbance 08 Tailings Dam Design – Simple design using pre-stripped waste rock 09 Waste Dumps - Simple geometry and limited potential for AMD 10 Concentrate Specifications – 62-64%Sn confirmed with limited penalties くくくく TOMORROW'S TIN 16

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