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Investor Presentaiton

Brief History Of The CuMo Project The CuMo project has gone through various ownership groups in the past and has had over $50M invested into the ground to advance the asset into the current Preliminary Economic Assessment ("PEA") stage. Pre-1998 The CuMo Project is situated in an historic placer gold mining camp with a recorded production of 2.8M ounces of gold. Molybdenite (MoS2) mineralization was not discovered in this area until 1963. Historic drilling at the site was done between 1969 and 1982 for a total of 10,981m (36,026 ft) in twenty-three (23) diamond drill holes and three reverse circulation holes. 1998-2004 O The property was re-staked as unpatented federal lode mining claims Molybdenum by CuMo Mining Inc., who then optioned these claims to American CuMo, a predecessor company to MLY in October 2004. 2004 - 2023 January 2023 O The Company was majority owned by Multi-Metal Development Ltd. (CVE:MLY) and predecessor companies. The project was optioned to International CuMo Mining Corp. (ICMC) during this period O The shareholders of ICMC, now renamed as Idaho Copper Corp. merged their equity interests into an OTC vehicle with the plan to uplist to the NASDAQ or the NYSE American within 18 months of entering the U.S. public markets. IDAHO 2023 Idaho Copper Corp. All rights reserved. 10 10
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