Coppernico Presentation

1. May 2022
BUILDING A WORLD-CLASS
SOUTH AMERICAN
EXPLORATION COMPANY

2. This document has been prepared by Coppernico Metals (the “Company”) to introduce the Company’s
mineral exploration projects. Because it is a high level summary presentation, the information contained
herein cannot contain all the information that should be reviewed before making an investment decision.
SUMMARY OF CAUTIONARY NOTES
 Forward looking statements are inherently uncertain
 Canadian mineral disclosure differs from U.S. mineral disclosure
 See full disclosure records for Coppernico Metals at www.sedar.com, some regards may be found under
Sombrero Resources (previously Auryn Resources)
Michael Henrichsen (Chief Operating Officer), P. Geo is the Qualified Person who assumes responsibility for
the technical contents of this presentation.
Disclaimer
2

3. 3
Record of Discovery Success
May 2013 – Sep 2014
Sold for $205 million to Agnico Eagle in 2014
(Galiano Gold - Producing)
2008 – 2010
CAYDEN RESOURCES – TAKEOVER
KEEGAN RESOURCES
18 x return
5 x return
A discovery focused management team

4. 4
Unlocking Value: 1 Share Became 2.67 Shares
Auryn holders received
.67 shares / Auryn Share
Auryn holders received
1 share / Auryn Share
Auryn holders received
1 share / Auryn Share
Spinout
The formation of 3 companies from
Auryn is aimed to maximize value
from three different metal focused
exploration opportunities

5. BOARD OF DIRECTORS
MANAGEMENT TEAM
5
Experienced, Balanced Management Team
IVAN BEBEK
Co-Founder, President, CEO
& Director
MICHAEL HENRICHSEN
MSc
Chief Geological Officer
CHRISTIAN RIOS
SVP Operations, Peru
SHAWN
WALLACE
Co-Founder
ANTONIO
ARRIBAS
PhD
STEVE
COOK
LLB
JEFFREY
MASON
CPA
GORDON J.
FRETWELL
LLB
ELIZABETH SENEZ
FCA (ICAEW)
CFO
TIM KINGSLEY
VP of Exploration
MARIE-HÉLÈNE
TURGEON
FORMER EMPLOYERS OF THE TECHNICAL TEAM

6. Building a World-Class Exploration Portfolio
6
 South American focused
company
 Focused on large scale
advanced stage Copper,
Gold, and Nickel projects
 Prioritizing the highest
safety and applicable ESG
Standards at all times
 Working with a premier
technical team

7.  Copper demand expected to double to 60M
tonnes/year by 2050 according to report by
Glencore*
 Goldman Sachs estimates copper could hit
$15,000/tonne by 2025 – a rise of 66% from
current prices**
 Using more copper in motors and appliances
will lower CO2 emissions by 1.25 gigatonnes
which equals removing half a billion cars from
the road***
*Source: Estimating global copper demand until 2100 with regression and stock dynamics (May 2018)
**Source:Copper is 'the new oil' and could reach $15,000 by 2025 as the world transitions to clean energy, Goldman
Sachs says (April 2021)
***Source: BACKGROUNDER: COPPER’S ROLE IN SUSTAINABLE DEVELOPMENT, International Copper Association (ICA)
Outlook for Copper – Demand Outpacing Supply
7
Electrification of
transport and rising
usage of renewable
power are driving
demand globally

8. Sombrero -flagship
 Analogue to major mines in
Peru
 Located on an extension of one
of Peru’s most prolific copper
belts
 Highly underexplored – never
drilled for copper and gold
Takana
 Highly underexplored
 Robust surface grades sampled
over large areas
 Copper, Nickel Gold
Major Discovery Opportunities
8

9. 9
Exceptional Access to Infrastructure

10.  Historical high-grade copper-gold skarn and
porphyry mineralization sampled at Nioc target
 Strong chargeability and magnetic signatures
correlating with surface samples
Identified Through an Erosional Window
10
* Grab samples collected by Alturas Minerals, refer to 43-101 report dated June 2010 as filed under Alturas Minerals’
Sedar profile at www.sedar.com

11. 11
Opportunity for a World-Class Copper Gold Discovery
“Sombrero is the best pre-drilling project many
of us have seen in our careers.”
Michael Henrichsen, Chief Geologist

12. 12
Extensive Chargeability & Magnetic Target Areas

13. 13
Historical Core (Fierrazo) – Exoskarn and Endoskarn

14. 14
Good Lucky – Exposed Skarn, Historical Mining Adits

15. 15
Sombrero Main Target vs. Tintaya Deposit
TINTAYA
SOMBRERO MAIN
Intrusive
Copper
Skarn
Drilled
Orebody

16. 16
Working with Local Communities
Program Funded:
 Australian lamb breeding program:
 $126,000 (SM contribution: $12,000 |
Peru Govt: $58,000 | Huanca Sancos:
$56,000)
 800 people impacted
 Weaving program to improve the
production and commercialization of
sheep meat:
 $222,000 (SM contribution: $12,000 |
Peru Govt: $147,000 | Huanca
Sancos: $63,000)
 800 people impacted
 Workshop in the Women’s Weavers
Civil Association
 $65,000 (SM contribution: $5,000 |
Peru Govt: $60,000 )
 210 people impacted
SOMBRERO MINERALES (SM), a Coppernico subsidiary,
obtained a 2-year community agreement with Huanca Sancos (Feb 2018)
SOMBRERO MINERALES
US $105,000
PERU GOVERNMENT
US $358,000
COMMUNITY
US$119,000
SOMBRERO IS AMIDST
SPONSORING APPROX $4M
WORTH OF ADDITIONAL
AGRICULTURE PROGRAMS
INITIAL INVESTMENT

17.  Environmental permit (DIA) acquired
in February 2020
 Allows for up to 33 holes from 23
platforms at Sombrero Main
Next Steps …
17
Re-listing contingent on access
by either community
 Renewal for Huancasancos
Community agreement
 Initial Access Agreement for
Lucanamarca Agreement
IN PROCESS
IN PROCESS

18. 18
Takana – Cu-Ni-Pt-Pd District

19. 19
Significant Copper and Nickel Rock Samples
Two Multi-kilometer Trends of Cu-Ni-Pt-Pd Prospects

20. We Have Some of the Best Exploration Investors
in the World..
20
Capital Structure
as of November 15, 2021
Issued & Outstanding 112,340,434
Options Outstanding Nil
Warrants Outstanding* Nil
Treasury ~C$4M
* Sombrero has the equivalent of 500,000 legacy warrants outstanding
resulting from its spin-out from Fury which, if exercised before September
12, 2022, will result in the issuance of 500,000 Sombrero shares and the
receipt of cash proceeds of U$100,000.
Retail
36.4%
Management
& Directors
12.5%
Institutional
10%
Newmont
10.6%
Close Associates
30.5%
 Company is public and pursuing a public listing which is contingent on
access to an exploration project of merit.
 Company financing plans TBD

21. 21
Worth the Wait…
 Rare major discovery opportunity at Sombrero
 In the mature stages of gaining access
 Expanding Exploration portfolio to offer more for shareholders and
reduce risk
 Listing 2022

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www.coppernicometals.com
CONTACT
info@ coppernicometals.com
778-729-0600