Investor Presentaiton

Valuation Catalysts and Anticipated Timeline (Continued) CATALYST Time to Accomplish PRELIMINARY ECONOMIC ASSESSMENT (PEA) ORE SORTING STUDY Current Status 6 Months UPLIST TO SENIOR NATIONAL EXCHANGE + SECONDARY OFFERING 18 months from OTC Merger PRELIMINARY FEASIBILITY STUDY (PFS) 2 Years from Uplisting June 2026 When NA September 2023 June 2024 Budget NA $750K Company will be raising approximately $10M $30M Net Present Value $356 million (base case) Significant increase expected to Current PEA Value (1) Significant Increase to Updated PEA value expected 2 % of NPV to Equity Value 10%(2) 10%(2) 20%(3) 1. 2. 3. The preliminary economic assessment is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized. Ten percent of the NPV of a Preliminary Economic Assessment is a generally accepted metric in the industry for the equity value of a mining project Twenty percent of the NPV of a Preliminary Feasibility Study is a generally accepted metric in the industry for the equity value of a mining project 1 The PFS will start immediately after the Follow-On Offering / Uplist . The $10M from the capital raise will be allocated to the budget for the PFS. Will take 2 years and $30M to complete. 2 The expectation is that it will increase the NPV; and Will increase the % of NPV to Equity Value from 10% to 20%. • At this point a decision will be made to obtain a partner or buyer for the project, or to raise the capital to take next steps to development (Bankable Feasibility Study). IDAHO © 2023 Idaho Copper Corp. All rights reserved. 23

View entire presentation