COOPER METALS LIMITED — AGM Information 2022

Nov 14, 2022

==> picture [255 x 132] intentionally omitted <==

ASX Code: CPM

Cooper Metals Limited Australian focused copper and gold explorer

15 November 2022 AGM

==> picture [552 x 482] intentionally omitted <==

Managing Director: Ian Warland

Disclaimer

This presentation has been prepared by Cooper Metals Limited (Cooper Metals)

This document contains background information about Cooper Metals ’s current situation at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or complete. Recipients should conduct their own investigations and perform their own analysis in order to satisfy themselves as to the accuracy and completeness of the information, statements and opinions contained in this presentation. This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sales of shares or other securities in any jurisdiction. This presentation is not a prospectus, product disclosure statement or other offering document under Australian law (and will not be lodged with the Australian Securities and Investments Commission (ASIC)) or any other law.

This presentation does not constitute investment or financial product advice (nor tax, accounting or legal advice) and has been prepared without taking into account the recipient’s investment objectives, financial circumstances or particular needs and the opinions and recommendations in this presentation are not intended to represent recommendations of particular investments to particular persons. Recipients should seek professional advice when deciding if an investment is appropriate. All securities involve risks which include (among others) the risk of adverse or unanticipated market, financial or political developments. Details regarding the risks associated with an investment in the Company will be set out in the Prospectus.

To the fullest extent permitted by law, Cooper Metals , its officers, employees, agents and advisors do not make any representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of any information, statements, opinions, estimates, forecasts or other representations contained in this presentation. No responsibility for any errors or omissions from this presentation arising out of negligence or otherwise are accepted.

This presentation may include forward-looking statements. Forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions which are outside the control of Cooper Metals . Actual values, results or events may be materially different to those expressed or implied in this presentation. Given these uncertainties, recipients are cautioned not to place reliance on forward looking statements. No representation is made that, in relation to the tenements the subject of this presentation, Cooper Metals has now or will at any time the future develop resources or reserves within the meaning of the Australasian Code for Reporting Exploration Results, Mineral Resources and Ore Reserves

Any forward-looking statements in this presentation speak only at the date of issue of this presentation. Subject to any continuing obligations under applicable law, Cooper Metals does not undertake any obligation to update or revise any information or any of the forward-looking statements in this presentation or any changes in events, conditions, or circumstances on which any such forward looking statement is based.

Due care and attention has been taken in the preparation of this presentation. However, the information contained in this presentation (other than as specifically stated) has not been independently verified nor has it been audited Accordingly, Cooper Meals does not warrant or represent that the information contained in this presentation is accurate or complete. To the fullest extent permitted by law, no liability, however arising, will be accepted by Cooper Metals or its directors, officers or advisers, for the fairness, accuracy or completeness of the information contained in this presentation

==> picture [80 x 42] intentionally omitted <==

2

Corporate Snapshot

Share price performance since listing on 19th November 2021

==> picture [330 x 384] intentionally omitted <==

----- Start of picture text -----

ASX Code: CPM
Share Price: $0.29 [1]
Shares On Issue: 46M
Market Cap (undiluted): ~$13.3M
Cash Position: ~4.6M [2]
Options: 9.5M
Major shareholders
Top 20 ~51%
Board ~12%
----- End of picture text -----

==> picture [498 x 331] intentionally omitted <==

Source: commonwealth securities 11[th] Nov 2022

==> picture [80 x 42] intentionally omitted <==

1 11th Nov 2022, 2 cash 30 September 22

3

Copper Critical to Clean Energy and EV Technology

==> picture [44 x 164] intentionally omitted <==

With the shift to clean energy copper is the cornerstone for all electricity-related technologies

More copper is required for use in electricity networks, motors and transformers to solar and wind energy systems

Copper is used throughout electric vehicles, charging stations and supporting infrastructure because of the metal’s durability, high conductivity and efficiency making it difficult to substitute

==> picture [44 x 45] intentionally omitted <==

A typical EV requires six times the mineral inputs to a conventional car, and over double the copper

Source: International Energy Agency www.IEA.org

==> picture [45 x 45] intentionally omitted <==

Of the nine critical minerals identified by the International Energy Agency (IEA) needed for clean energy technologies, copper is the most important

==> picture [80 x 42] intentionally omitted <==

==> picture [7 x 9] intentionally omitted <==

----- Start of picture text -----

4
----- End of picture text -----

Copper Market of the future

Global refined copper usage to almost double in 15 years

Long term supply gap now projected at over 8mT by 2030

==> picture [470 x 329] intentionally omitted <==

==> picture [80 x 42] intentionally omitted <==

5

Project Summary

Three Project areas – Qld & WA

Yamarna Gold Project - WA

• Along strike from Gold Road JV Resources 6.16 Moz Gruyere gold deposit[1]

Gooroo Cu-Au Project - WA

• 20km from Silver Lake’s Deflector Mine (1.28m oz Au @ 13.2 g/t)2

==> picture [206 x 258] intentionally omitted <==

----- Start of picture text -----

Mt Isa East
Cu-AU Project
----- End of picture text -----

==> picture [232 x 248] intentionally omitted <==

----- Start of picture text -----

Yamama
Gooroo Gold Project
Cu-Au Project
----- End of picture text -----

MT Isa East Cu-Au Project - Qld

• World class Mt Isa Inlier

• Large tenement package close to infrastructure

• Highly prospective for IOCG, ISCG and shear hosted Cu-Au

• 26km of unexplored greenstone belt

==> picture [80 x 42] intentionally omitted <==

1 2 ASX:GOR 22 April 2016 , Silver Lake (ASX:SLR) website July 2021

6

Mt Isa East Copper Gold Project- Qld

World Class copper-gold provence

==> picture [44 x 45] intentionally omitted <==

The Project straddles the boundary of the Western Fold Belt, the Kalkadoon-Leichhardt Belt and Eastern Fold Belt

Several small to medium, high-grade Cu +/- Au deposits in the area i.e., Duchess, Tick Hill, Leichhardt & Barbara (4.7mt @ 1.6% Cu & 0.15 g/t Au)[1]

==> picture [44 x 45] intentionally omitted <==

Carnaby Resources (ASX:CNB) recent success at Nil Desperandum and Lady Fanny highlight the potential of the region principally the Mary Kathleen Domain

==> picture [44 x 45] intentionally omitted <==

==> picture [44 x 44] intentionally omitted <==

Cooper’s ground has many significant Cu occurrences that have had no follow-up drilling since the mid 1990’s

==> picture [44 x 45] intentionally omitted <==

Cooper’s recent drilling at King Solomon has intersected significant shallow copper and gold mineralisation

==> picture [80 x 42] intentionally omitted <==

==> picture [319 x 434] intentionally omitted <==

==> picture [7 x 9] intentionally omitted <==

----- Start of picture text -----

7
----- End of picture text -----

1 Syndicated Metals website July 2021

King Solomon & Python Prospects

Significant historical workings

==> picture [486 x 322] intentionally omitted <==

----- Start of picture text -----

King Solomon
workings
----- End of picture text -----

Significant historical workings at Python and King Solomon prospects

==> picture [48 x 102] intentionally omitted <==

King Solomon (KS) has several old copper workings that strike over a length of ~1.5km within the Corella Formation

==> picture [48 x 47] intentionally omitted <==

KS recorded historical production was 894 tonnes @ 5.3% Cu with a further 2,195 tonnes of cupriferous limestone flux @ 2.3% Cu*

==> picture [45 x 45] intentionally omitted <==

Python prospect includes shallow pits and one shaft hosted in the Corella Formation

==> picture [44 x 101] intentionally omitted <==

Cooper’s recent RC drilling confirms significant shallow Cu-Au at King Solomon

Source : CPM

High powered ground electromagnetic survey identified significant EM conductor near Python

==> picture [80 x 42] intentionally omitted <==

• Note historical results listed above in Cooper Prospectus September 2021 and see references for details

8

King Solomon drilling program delivers significant Cu-Au Significant shallow copper & gold mineralisation intersected

• 48 RC drillholes for ~ 5,110m have been completed at King Solomon prospect in 2022 , testing beneath historical workings and IP chargeability anomalies

• A large IOCG system indicated from broad zones of low-grade copper mineralisation, magnetite and pyrite alteration with higher grade core centered around the host shear zone

• Best results are from King Solomon 1 in the northern part of the prospect area including significant results:

• 19m @ 1.6% Cu & 0.21g/t Au from 123m, incl. 5m @ 4.5% Cu & 0.57g/t Au (22MERC032)

• 17m @ 2.2% Cu from 84m including 8m @ 4.3% Cu & 0.14g/t Au from 84m (22MERC016)

• 18m @ 1.8% Cu and 0.11g/t Au from 57m, incl. 5m @ 5.4% Cu and 0.31g/t Au (22MERC003)

• 17m @ 1.0% Cu & 0.04g/t Au from 31m incl. 5m @ 2.6% Cu & 0.12g/t Au (22MERC005)

• 7m @ 1.5% Cu & 0.11 g/t Au from 40m incl. 2m @ 3.5% Cu & 0.28 g/t Au (22MERC004)

• 7m @ 1.5% Cu & 0.16g/t Au from 107m incl. 4m @ 2.2% Cu & 0.26g/t Au (22MERC031)

• 14m @ 1.0% Cu & 0.09g/t Au from 76m incl. 4m @ 2.1% Cu & 0.23g/t Au (22MERC023)

“ King Solomon’s potential is growing significantly, with three higher grade plunging shoots identified at King Solomon 1” Ian Warland, Managing Director

==> picture [80 x 42] intentionally omitted <==

9

King Solomon 1 Long section Three higher grade plunging copper-gold shoots identified at King Solomon 1

==> picture [80 x 42] intentionally omitted <==

==> picture [631 x 441] intentionally omitted <==

----- Start of picture text -----

New drill program
planned to test
plunging shoots
----- End of picture text -----

==> picture [167 x 134] intentionally omitted <==

==> picture [13 x 9] intentionally omitted <==

----- Start of picture text -----

10
----- End of picture text -----

King Solomon 1 Cross Sections High grade copper-gold vein within a broad lower grade envelope

==> picture [300 x 429] intentionally omitted <==

==> picture [80 x 42] intentionally omitted <==

==> picture [293 x 424] intentionally omitted <==

11

King Solomon 2 & 3

Large lower grade Cu-Au system

==> picture [44 x 105] intentionally omitted <==

Located ~ 200m SSE from from King Solomon 1, with significant shallow workings at King Solomon 3

Hole 22MERC011 originally testing under mineralised outcrop intersected 18m @ 1.4% Cu and 0.04g/t Au ~~from 42m including 7m @ 2.1% Cu from 43m and 3m @~~ 2.4% Cu from 56m

August drilling outlined broad low-grade zones of Cu-Au mineralisation intersected in several holes, along with significant disseminated magnetite and pyrite alteration that may partially explain the IP anomalies and potentially indicate a large IOCG system at depth

==> picture [45 x 44] intentionally omitted <==

• 98m @ 0.1% Cu from 25m associated with disseminated pyrite and magnetite (22MERC024)

==> picture [44 x 45] intentionally omitted <==

• 43m @ 0.2% Cu from 36m (22MERC025)

==> picture [80 x 42] intentionally omitted <==

==> picture [335 x 482] intentionally omitted <==

12

Python Prospect

Significant Cu-Au mineralisation ~2.3km from King Solomon

==> picture [44 x 100] intentionally omitted <==

Cooper rock chip samples from 1.65% to 35.3% Cu , all with anomalous Au

Assay results from a grab sample near historical shaft returned 8.53% Cu and 0.11 g/t Au (MER048)

Robust FLEM conductor identified, 320m long by 100m down dip projected with 10m of surface, with anomalous rock chips confirmed at surface

==> picture [44 x 45] intentionally omitted <==

==> picture [270 x 237] intentionally omitted <==

==> picture [44 x 45] intentionally omitted <==

Regulatory approval now received for RC drill testing of FLEM conductor and old workings

Channel 22 Z component image of Python FLEM data showing strong response (Source: Blundell)

==> picture [80 x 42] intentionally omitted <==

==> picture [423 x 447] intentionally omitted <==

----- Start of picture text -----

1.65% Cu
35.3% Cu
8.12% Cu, Significant
fault
12.1% Cu, 1.23g/t Au
Sample 9848 4.03% Cu
8.53% Cu,
shaft
Python shaft
13
13
----- End of picture text -----

Currently Drilling at Mt Isa East Project Drilling at Python and King Solomon Cu-Au prospects

==> picture [46 x 107] intentionally omitted <==

==> picture [45 x 45] intentionally omitted <==

Approximately 2,500m of RC drilling is planned covering targets at Python and King Solomon Cu-Au prospects

Four holes are planned at Python, with two drill holes targeting the Python fixed loop electromagnetic conductor1 modelled as a south-easterly plunging conductor starting just below surface and extending for ~300m down plunge. Two RC holes will test underneath a historical shaft and open pit in the area

The three plunging shoots of higher-grade Cu-Au mineralisation identified at King Solomon 1 during the August drilling campaign will be tested at depth with RC drilling.

==> picture [377 x 286] intentionally omitted <==

==> picture [44 x 45] intentionally omitted <==

Drilling is expected to take three to four weeks and will start at King Solomon and then move to Python. Assays will be fast tracked through the laboratory and announced as result come to hand

==> picture [80 x 42] intentionally omitted <==

14

Multiple Cu-Au Prospects to follow-up

Untested by previous drilling

==> picture [44 x 45] intentionally omitted <==

Yarraman - extensive historical Cu in soil anomaly centered around Yaraman workings (two shafts) and Cooper rock chip sample MER057 returned 3.31% Cu from a sample near the shaft

Sylvia May - two historical pits in the Argylla Formation, MER087 returned 1.45% Cu and 0.05ppm Au from mineralisation in the pit wall. Prospective Cu-Au trend identified from Sylvia May to John Bull prospect ~800m to the south-east

==> picture [44 x 45] intentionally omitted <==

Scorpion historical mine – small open pit in the Corella Formation with rock chip samples returning 5.92% Cu and 0.42g/t Au from narrow veins in mafic rock

==> picture [44 x 45] intentionally omitted <==

==> picture [198 x 151] intentionally omitted <==

Yarraman Workings

Sylvia May Workings

==> picture [44 x 45] intentionally omitted <==

Follow-up mapping and sampling and possible geophysics planned for 2022/23

==> picture [80 x 42] intentionally omitted <==

Scorpion Historical Mine

==> picture [15 x 10] intentionally omitted <==

----- Start of picture text -----

15
----- End of picture text -----

New 100% Ardmore Tenement Acquired

Along Strike from Carnaby Resources (ASX:CNB) Mt Hope Prospect

==> picture [44 x 45] intentionally omitted <==

EPM19125 along strike from Carnaby’s interpreted IOCG corridor (ASX: CNB) where recent drilling by Carnaby at Mt Hope intersected 60m @ 3.1% Cu prospect*

The new tenement provides significant exposure to the highly prospective Fountain Range Fault (and subsidiary structures) that have demonstrated large volumes of hydrothermal fluid flow, mineralisation and currently the focus of significant exploration to the northeast of EPM19125 for large-tonnage copper deposits

==> picture [45 x 45] intentionally omitted <==

Immediate exploration follow up including two known historical copper mines and historical rock chip samples up to 5% Cu and 5g/t Au.

==> picture [45 x 44] intentionally omitted <==

==> picture [44 x 45] intentionally omitted <==

Field work commenced at site in October

==> picture [80 x 42] intentionally omitted <==

• ASX:CNB 13 October 2022

==> picture [14 x 10] intentionally omitted <==

----- Start of picture text -----

16
----- End of picture text -----

==> picture [15 x 10] intentionally omitted <==

----- Start of picture text -----

16
----- End of picture text -----

Mt Isa East – southwestern prospects

Significant historical workings untested by drilling or modern geophysics

==> picture [44 x 100] intentionally omitted <==

==> picture [45 x 45] intentionally omitted <==

==> picture [412 x 314] intentionally omitted <==

----- Start of picture text -----

Wonder Mine
King Solomon
workings
Blue Mantle
Big Hill
EPM27699 350,000E 355,000E
----- End of picture text -----

Significant historical workings at Wonder Mine, Big Hill, and Blue Mantle prospects

Big Hill Mine ~140m long open-pit development, with

• 2.23% Cu in rock chips (MER034) taken from spoil material

The Wonder Mine comprises three vertical shafts approximately 90m apart with a shallow open cut between the shafts

• rock chips up to 15.75% Cu, 0.25g/t Au and Ag 8.4g/t Ag (MER028 )

• fresh copper sulphides in stockpiles with rock chip results up to 7.33% Cu (MER031)

• mineralisation is developed on significant regional north-south shear zone open to the north

==> picture [28 x 29] intentionally omitted <==

==> picture [109 x 10] intentionally omitted <==

----- Start of picture text -----

Wonder Mine shaft
----- End of picture text -----

==> picture [80 x 42] intentionally omitted <==

17

Mt Isa East - Qld

Rapidly building a pipeline of Cu-Au targets

==> picture [44 x 45] intentionally omitted <==

Multiple high-priority VTEM conductors identified, with several conductors coincident with significant structures and favourable lithologies for hosting iron-sulphidecopper-gold (ISCG) mineralisation

==> picture [44 x 45] intentionally omitted <==

VTEM survey doubles the length of the Python conductor to around 700m long and identifies a new subparallel conductor 250m to the northeast

==> picture [45 x 45] intentionally omitted <==

First ever detailed airborne electromagnetic survey over the Company’s tenure in the prospective Mary Kathleen Domain

Ground truthing of the VTEM conductors is already underway to determine the possible source of the anomaly and prioritize followup ground geophysics ahead of potential drill testing

==> picture [44 x 45] intentionally omitted <==

==> picture [80 x 42] intentionally omitted <==

==> picture [315 x 475] intentionally omitted <==

18

Gooroo Cu-Au Project - WA

Extensive unexplored Greenstone Belt

==> picture [45 x 45] intentionally omitted <==

Cooper is targeting Orogenic gold and copper-gold in the Gullewa Greenstone Belt

20km south of Silver Lakes Deflector mine (1.2* Moz Au @ 13.5 g/t & 3Mt @ 0.8% Cu)[1] and nearby to Recharge Metals Ltd (ASX: REC) Brandy Hill South prospect

==> picture [45 x 45] intentionally omitted <==

==> picture [46 x 106] intentionally omitted <==

Several historical gold deposits associated with northeasterly trending structures

Recent regional soil geochemistry by Cooper has identified gold anomalism associated with favourable structural trap sites interpreted from aeromagnetic data

==> picture [436 x 300] intentionally omitted <==

----- Start of picture text -----

Gold anomalies
----- End of picture text -----

Location of the Gooroo Project on simplified geology (GSWA 2020)

==> picture [45 x 44] intentionally omitted <==

Infill soil geochemistry completed, with assay results pending, and potential drill testing to find the source of the gold anomalies in 2022

==> picture [80 x 42] intentionally omitted <==

==> picture [175 x 125] intentionally omitted <==

Soil sampling at Gooroo Project - March 2022

==> picture [14 x 9] intentionally omitted <==

----- Start of picture text -----

19
----- End of picture text -----

1 Silver Lake (ASX:SLR) website July 2021

==> picture [241 x 281] intentionally omitted <==

==> picture [150 x 146] intentionally omitted <==

Cooper Metals - Key Takeaways

==> picture [50 x 51] intentionally omitted <==

RC drilling intersects significant shallow Cu-Au mineralisation at King Solomon

Three plunging shoots of higher-grade Cu-Au mineralisation defined at King Solomon 1 over 650m of strike demonstrate the exciting potential for mineralisation at depth

RC drilling in progress at King Solomon and Python Cu-Au prospects. Sixteen holes for 2500m planned

Multiple Cu-Au targets to follow-up in 2023 at Mount Isa East

Well funded and year-round news flow

==> picture [80 x 42] intentionally omitted <==

20

==> picture [95 x 100] intentionally omitted <==

==> picture [80 x 42] intentionally omitted <==

2

References & Competent Person Statement

==> picture [50 x 50] intentionally omitted <==

References ( For more details including and Table 1 Information refer to the following ASX announcements below)

ASX: CPM: 9 December 2021: Further strong assay results from Mt Isa East Cu-Au Project

ASX: CPM: 7 February 2022: Follow-up rock chip sampling continues to demonstrate wide-spread Cu and Au mineralisation at Mount Isa East

ASX: CPM: 2 March 2022: High powered ground geophysics identifies robust conductor at Mt Isa East Cu-Au Project

ASX: CPM: 23 June 2022: Significant shallow copper mineralisation discovered at King Solomon

ASX: CPM: 30 June 2022: Multiple VTEM conductors identified at Mt Isa East Cu-Au Project

ASX: CPM: 12 July 2022: IP identifies new targets at King Solomon Cu-Au prospect

ASX: CPM: 29 July 2022: June 2022 Quarterly Activities Report

ASX: CPM: 9 August 2022: Successful Placement raises A$2.55 million to fast-track exploration at the Mount Isa East Cu-Au Project in Qld

ASX: CPM: 15 September 2022: King Solomon continues to deliver significant Cu-Au

ASX: CPM: 28 September 2022: King Solomon assays define three plunging shoots of Cu-Au mineralisation

ASX: CPM: 18 October 2022: Cooper continues to grow the Mt Isa East Project

Competent Person Statement

==> picture [50 x 50] intentionally omitted <==

The information in this report that relates to Geological Interpretation and Exploration Results is based on information compiled by Ian Warland, a Competent Person who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Warland is a Director of Cooper Metals. Mr Warland has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Warland consents to the inclusion in the report of the matters based on his information and the form and context in which it appears.

==> picture [80 x 42] intentionally omitted <==