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

2.
This document has been prepared by Coppernico Metals Inc. (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 Inc. at www.sedar.com, some information may be found
under the Company’s former name, Sombrero Resources Inc., or the predecessor company, Auryn
Resources Inc. (now Fury Gold Mines Limited).
Michael Henrichsen (Chief Geological Officer), P. Geo is the Qualified Person who assumes responsibility for
the technical contents of this presentation.
Tim Kingsley (VP of Exploration), CP. Geo, is also a Qualified Person who assumes responsibility for the
technical contents of this presentation.
DISCLAIMER
COPPERNICO METALS / 2

3.
UNLOCKING VALUE: 1 SHARE BECAME 2.67 SHARES
COPPERNICO METALS / 3
AURYN HOLDERS RECEIVED
.67 SHARES / 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
AURYN HOLDERS RECEIVED
1 SHARE / AURYN SHARE
SPINOUT

4.
Exploration company looking to maximize shareholder return
and benefit all stakeholders through globally significant
discoveries in Peru and Ecuador in a socially and
environmentally responsible manner
OUR VISION
COPPERNICO METALS / 4

5.
RECORD OF DISCOVERY SUCCESS
COPPERNICO METALS / 5
SOLD FOR $205 MILLION TO AGNICO EAGLE IN 2014
PRODUCING
CAYDEN
RESOURCES
May 2013 – Sep 2014
KEEGAN
RESOURCES
(Galiano Gold) 2008 – 2010
A DISCOVERY FOCUSED MANAGEMENT TEAM
TAKEOVER
DISCOVERY OF +5M
OUNCES WITH
FAVORABLE MARKET
CONDITIONS
100 DISCOVERY HOLES
LEADING TO AEM
TAKEOVER FOR
$205M WITH CHALLENGING
MARKET CONDITIONS

6.
EXPERIENCED, BALANCED MANAGEMENT TEAM
COPPERNICO METALS / 6
BOARD OF DIRECTORS
MANAGEMENT TEAM
IVAN BEBEK
Co-Founder, President, CEO
& Director
MICHAEL HENRICHSEN
MSc
Chief Geological Officer
CHRISTIAN RIOS
MSc, P.Geo.
SVP of Corporate
Development
ELIZABETH SENEZ
FCA (ICAEW)
CFO
TIM KINGSLEY
MSc
VP of Exploration
SHAWN
WALLACE
Co-Founder,
Chair
ANTONIO
ARRIBAS
PhD
STEVE
COOK
LLB
JEFFREY
MASON
CPA
GORDON J.
FRETWELL
LLB
MARIE-HÉLÈNE
TURGEON
M.Env
HISTORY OF EXPERIENCE
WITH GREAT COMPANIES

7.
▪ Focused on large scale advanced
stage copper, gold, and nickel
projects
▪ South American focused company
with projects in Peru and
evaluating projects in Ecuador
▪ Prioritizing the highest safety and
applicable ESG standards at all
times
BUILDING A WORLD-CLASS EXPLORATION PORTFOLIO
COPPERNICO METALS / 7

8.
▪ 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**
OUTLOOK FOR COPPER – DEMAND OUTPACING SUPPLY
COPPERNICO METALS / 8
ELECTRIFICATION OF
TRANSPORT AND
RISING USAGE OF
RENEWABLE POWER
ARE DRIVING DEMAND
GLOBALLY
*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)
Global Copper deficit
anticipated in 2025

9.
MAJOR DISCOVERY OPPORTUNITIES
COPPERNICO METALS / 9
SOMBRERO - FLAGSHIP
▪ Exploration analogue to
major mines in Peru
▪ Located on a potential
extension of one of Peru’s
most prolific copper belts
▪ Highly underexplored –
never drilled for copper
and gold

10.
EXPLORATION OPPORTUNITY SIMILAR TO LAS BAMBAS
COPPERNICO METALS / 10
BUSINESS NEWS
July 31, 2014
Glencore reaps $7 billion from Las Bambas mine sale to China's MMG.
- US $5.85 billion plus money spent
Source: Reuters
Exploration opportunity at
Sombrero similar to Las
Bambas based on:
▪ Scale
▪ Age of mineralizing event
▪ Rock types

11.
SOMBRERO PROJECT
IDENTIFIED THROUGH AN EROSIONAL WINDOW
COPPERNICO METALS / 11
▪ Historical high-grade copper-gold skarn and
porphyry mineralization sampled at Nioc
target
▪ Strong chargeability and magnetic
signatures correlating with surface samples
▪ Numerous mineralized trenches
▪ Historic drill hole
* Grab samples collected by Alturas Minerals, refer to National Instrument 43-101 compliant technical report dated
June 2010 as filed under Alturas Minerals’ Sedar profile at www.sedar.com

12.
OPPORTUNITY FOR A WORLD-CLASS COPPER GOLD DISCOVERY
COPPERNICO METALS / 12
“Sombrero is the best pre-drilling project many of us have seen in our careers.”
Michael Henrichsen, Chief Geological Officer

13.
130,000 HECTARES WITH COPPER & GOLD IN STREAM SEDIMENTS
COPPERNICO METALS / 13
RESULT OF SCREENING 800,000 HECTARES

14.
MACHA MACHAY – COPPER AND GOLD IN STREAM SEDIMENTS
COPPERNICO METALS / 14
HIGH PRIORITY NEW CLAIMS – JAN 2020 SURFACE WORK
Copper ICP: Highest Copper Value in the 7,000 km2
Gold CN44: Values Comparable to Sombrero Main & Nioc

15.
EXTENSIVE CHARGEABILITY & MAGNETIC TARGET AREAS
COPPERNICO METALS / 15

16.
HISTORICAL CORE (FIERRAZO) – EXOSKARN AND ENDOSKARN
COPPERNICO METALS / 16

17.
GOOD LUCKY – EXPOSED SKARN, HISTORICAL MINING ADITS
COPPERNICO METALS / 17

18.
ANALOGOUS GEOLOGY TO NEARBY MAJOR MINES –
18KM X 6KM GEOCHEMICAL FOOTPRINT
COPPERNICO METALS / 18

19.
SOMBRERO MAIN TARGET VS. TINTAYA DEPOSIT
COPPERNICO METALS / 19
TINTAYA
SOMBRERO MAIN

20.
SOMBRERO MAIN/FIERRAZO - HIGHLIGHTS & DRILL PLAN
COPPERNICO METALS / 20

21.
EXCEPTIONAL ACCESS TO INFRASTRUCTURE
COPPERNICO METALS / 21

22.
WORKING WITH LOCAL COMMUNITIES
COPPERNICO METALS / 22
Australian Lamb Breeding Program SOMBRERO MINERALES (SM), a
Coppernico subsidiary, obtained a 2-
year community agreement with
Huanca Sancos (Feb 2018)
SOMBRERO IS A KEY DRIVER IN SPONSORING APPROX US $4M WORTH OF ADDITIONAL
GOVERNMENT-FUNDED AGRICULTURE PROGRAMS
Total People Impacted 800
$12,000
SM
Contribution
$126,000
Peru
Govt
Huanca
Sancos
$58,000 $56,000
Weaving Program To Improve The Production
& Commercialization Of Sheep Meat
Workshop In The Women’s Weavers
Civil Association
$222,000
Total People Impacted 800
$12,000
SM
Contribution
Peru
Govt
Huanca
Sancos
$147,000 $63,000
$65,000
Total People Impacted 210
$5,000
SM
Contribution
Peru
Govt
$60,000
Sombrero
US$105,000
Peru Govt
US$358,000
Huanca Sancos
US$119,000
INITIAL
INVESTMENT

23.
Huancasancos
Environmental
permit (DIA)
acquired in
February 2020
NEXT STEPS
COPPERNICO METALS / 23
IN PROCESS
New Huancasancos
Community Agreement
Initial Access Agreement
for Lucanamarca
Agreement
Allows for up to
40 holes from 30
platforms at
Sombrero Main
IN PROCESS

24.
✓ Regional elections resulted in new Mayors in both districts covering
the Lucanamarca and Huancasancos communities and are
“independent parties” – regarded as more centric and open for
investment
✓ Community undertaking re-registration of residents
Community assemblies required in both communities to negotiate
annual renumeration by Coppernico
▪ Once complete signatures of 66% of the community will be required
▪ Assembly to approve signatures and start of work
RECENT COMMUNITY ACTIVITY & FINAL STEPS
COPPERNICO METALS / 24

25.
▪ Company is public and planning to pursue listing on a Canadian exchange
which is contingent on access to an exploration project of merit.
▪ Company financing plans TBD
OWNERSHIP AND CAPITAL STRUCTURE
COPPERNICO METALS / 25
Retail
36.4%
Management
& Directors
12.5%
Institutional
10%
Newmont
10.6%
Close Associates
30.5%
Capital Structure
as of September 30, 2022
ISSUED &
OUTSTANDING 112,340,434
OPTIONS
OUTSTANDING Nil
WARRANTS
OUTSTANDING Nil
TREASURY
(as of September 30,
2022) ~C$0.1M

26.
READY TO DISCOVER
COPPERNICO METALS / 26
Advanced major discovery opportunity at Sombrero
In the final stages of gaining community access to
Sombrero
Working toward applying to list shares for trading on a
Canadian & American exchange

27.
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www.coppernicometals.com
CONTACT
info@ coppernicometals.com
778-729-0600