Coppernico Metals is exploring for copper and gold in South America, focusing on two key projects - Sombrero in Peru and Takana in Bolivia. At Sombrero, they have a large land package near existing mines, with geological similarities. Exploration so far shows potential skarn and porphyry targets. Drilling is pending community agreements. At Takana, they are exploring multiple copper-nickel-platinum prospects over a large area with elevated metals in soils and rocks. The company has an experienced team formerly with major miners, and aims to make a world-class discovery.

1. December 2021
Pursuing World-Class
Discoveries in South America

2. COPPERNICO METALS
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.
2
Disclaimer

3. COPPERNICO METALS
BOARD OF DIRECTORS
MANAGEMENT TEAM
Experienced, Balanced Management Team
3
IVAN BEBEK
Co-Founder, President, CEO
& Director
MICHAEL HENRICHSEN
MSc
Chief Geologist
DAVID SMITHSON
SVP of Exploration
CHRISTIAN RIOS
SVP of Operations, Peru
ELIZABETH SENEZ
FCA (ICAEW)
CFO - Interim
SHAWN WALLACE ANTONIO ARRIBAS
PhD
STEVE COOK
LLB
JEFFREY MASON
CPA
GORDON J. FRETWELL
LLB

4. COPPERNICO METALS
Record of Success
4
May 2013 – Sep 2014
Sold for $205 million to Agnico Eagle in 2014
(Galiano Gold - Producing)
2008 – 2010
Spinout
CAYDEN RESOURCES – TAKEOVER
KEEGAN RESOURCES
PURSUING WORLD-
CLASS DISCOVERIES
IN SOUTH AMERICA

5. COPPERNICO METALS
Multidisciplinary Technical Team
5
MICHAEL HENRICHSEN
MSc
Chief Geologist
Former Global Structural
Geologist Newmont
DAVID SMITHSON
VP of Exploration
Former Global Mapper/ Geologist
Newmont; Technical Lead at
Cayden Resources
ANTONIO ARRIBAS
PhD, MSc
Director
Former Chief Geologist
Newmont, Former VP Geological
Sciences BHP Billiton
CHRISTIAN RIOS
VP of Operations, Peru
Former Vice President of
Exploration at Bear Creek
Mining
Dan McCoy
PhD
Technical Advisor
Former Chief Geologist at
Cayden Resources and
Keegan Resources
Kim Cook
Geophysicist
Former Global
Geophysicist Newmont
& Anglo
Mike McMillan
Research Inversions
Geophysicist (CGI – UBC)
Former Global Geophysicist
Newmont
Miguel Cardozo
Technical Advisor
Prominent Peruvian
Exploration Specialist
FORMER EMPLOYERS OF THE TECHNICAL TEAM

6. COPPERNICO METALS
▪ Less than 1M tonnes of copper
discovered since 2015
▪ Copper demand expected to double to
60M tonnes/year by 2050 according to
report by Glencore
▪ Goldman Sachs estimate a Biden plan
would accelerate US copper demand
by 2% over the next five years and
raise price target to $9,500/t over next
12 months
6
Outlook for Copper – Demand Outpacing Supply
Copper-intensive
trends such as
electrification of
transport and rising
usage of renewable
power are driving
demand globally

7. COPPERNICO METALS
▪ Exploration analogue to major
mines in Peru
▪ 130,000-hectare land package in
Ayacucho region of Peru
▪ Massively underexplored –
never drilled for copper/gold
▪ Sitting on an extension of one
of Peru’s most prolific copper
belts
7
Exploring a World-Class Copper-Gold District

8. COPPERNICO METALS
Opportunity for a World-Class
Copper Gold Discovery
8
“Sombrero is the best pre-drilling project many
of us have seen in our careers.”
Michael Henrichsen, Chief Geologist

9. COPPERNICO METALS
130,000 Hectares with Copper and Gold in
Stream Sediments
9
RESULT OF SCREENING 800,000 HECTARES

10. COPPERNICO METALS
Exceptional Access to Infrastructure
10

11. COPPERNICO METALS
Analogous Geology to Nearby Major Mines –
18km x 6km Geochemical Footprint
11

12. COPPERNICO METALS
Magnetic Anomaly
12

13. COPPERNICO METALS
Chargeability & Magnetic Target Areas
13

14. COPPERNICO METALS
Sombrero Main Target vs. Tintaya Deposit
14
TINTAYA
SOMBRERO MAIN
Intrusive
Copper
Skarn

15. COPPERNICO METALS
Sombrero Main/Fierrazo – Highlights & Drill Plan
15

16. COPPERNICO METALS
Fierrazo Historical Core – Exoskarn and Endoskarn
16

17. COPPERNICO METALS
▪ Community agreements being pursued
▪ Historical high-grade copper-gold skarn and
porphyry mineralization sampled
17
Nioc – High-Grade Copper-Gold
* 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

18. COPPERNICO METALS
Good Lucky – Exposed Skarn, Historical Mining Adits
18

19. COPPERNICO METALS
Macha Machay – Copper and Gold in
Stream Sediments
19
Copper ICP: Highest Copper Value in the 7,000 km2
Gold CN44: Values Comparable to Sombrero Main & Nioc
High Priority New Claims – Jan 2020 Surface Work

20. COPPERNICO METALS
✓ Environmental permit (DIA)
acquired in February 2020
▪ Allows for up to 33 holes from 23
platforms at Sombrero Main
20
Sombrero Next Steps …
Re-listing contingent on access
by either community
▪ Renewal for Huancasancos
Community agreement
▪ Initial Access Agreement for
Lucanamarca Agreement
IN PROCESS
IN PROCESS

21. COPPERNICO METALS
Working with Local Communities
21
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
TOTAL INVESTMENT

22. COPPERNICO METALS
Takana – Cu-Ni-Pt-Pd District
Multiple Overprinting Mineralizing Events
22

23. COPPERNICO METALS
Stream Sediment Copper and Nickel
23

24. COPPERNICO METALS
Stream Sediment Platinum & Palladium
24

25. COPPERNICO METALS
Rock Copper and Nickel:
Two Multi-kilometer Trends of Cu-Ni-Pt-Pd Prospects
25

26. COPPERNICO METALS
Negrohuarcuña – Multi Kilometer Trend of Cu-Ni-
Pt-Pd Occurrences
26

27. COPPERNICO METALS
Negrohuarcuña – Gossan Zone
27

28. COPPERNICO METALS
Negrohuarcuña Main Sill – Central Trench
28

29. COPPERNICO METALS
Jantun Puma Prospect
29

30. COPPERNICO METALS 30
Jantun Puma Prospect
▪ Jantun Puma sill with disseminated, net
and semi-massive textures magmatic
sulphides
▪ No significant magnetic or conductor
feature at Jantun Puma

31. COPPERNICO METALS 31
Conductor-Magnetic Anomaly

32. COPPERNICO METALS
Conductors with High-Grade Mineralization
32

33. COPPERNICO METALS
Our Biggest Strength is our Shareholders…
33
Capital Structure
as of February 8, 2021
Issued & Outstanding 112,340,434
Options Outstanding Nil
Warrants Outstanding* Nil
Treasury as of June 30th ~C$5M
* 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 Goldcorp
10.6%
Close Associates
30.5%

34. COPPERNICO METALS
Sombrero – Worth the Wait…
34
✓ Rare opportunity to discover the other half of a world-class mining belt
✓ Same age, geology and scale of nearby major mines
✓ In the mature stages of gaining access to two significant communities
which will predicate a public listing

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