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Investor Presentaiton

Executing the 2023 Strategy Providing a clear path to realise value in Kobada TOUBANI RESOURCES Defined an Oxide-Dominant, Low-Cost Strategy Set the goal of a long life, oxide-focused project at high production rates, low AISC and reduced technical risk Bolstered Technical Team Established Toubani-led exploration and development team Simplified Listing Structure Completed TSX-V delisting to provide a single-focus exchange for investors New Discoveries Strengthened Board Completed Review of 2021 DFS & MRE Increased strike extent at Kobada to 11km from 5km; made Kobada West discovery Added two highly credentialed, senior mining executives experienced in project funding and development Initiated DFS Update workstream to reposition Kobada as a higher throughput, lower cost project; Completed re-estimation of MRE 8
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