BUILDING THE FUTURE
WITH METALS
March 2025
TSX-V: BMET
OTCQB: BMTLF
FRANKFURT: 1OI.F
bemetalscorp.com
FORWARD LOOKING STATEMENTS
BUILDINGTHE FUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com 2
This presentation contains "forward-looking statements" and “forward looking information” (as defined under applicable securities laws), based on management’s best estimates, assumptions and
current expectations. Such statements include but are not limited to, statements with respect to the plans for future exploration and development of the Kazan Gold Project, Pangeni Copper
Project, and the acquisition of additional base/precious metal projects. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects",
"expected", "budgeted", "forecasts" , "anticipates" "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions,
orthat events or conditions "will", "would", "may", "can", "could" or "should" occur.
These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual
results, performance or achievements to be materially different from those expressed or implied by such statements, including but not limited to: risks related to the Kazan Gold Project and
Pangeni Copper Project; risks related to general economic conditions, actual results of current exploration activities, unanticipated reclamation expenses; fluctuations in prices of base and precious
metals; fluctuations in foreign currency exchange rates, increases in market prices of mining consumables, possible variations in resource estimates, grade or recovery rates; title disputes, claims
and limitations on insurance coverage and other risks of the mining industry; delays in the completion of exploration activities, changes in applicable government regulation of mining operations,
tax rules and regulations; uncertainties around raising sufficient financing in a timely manner and on acceptable terms; and political and economic developments in countries in which the Company
operates. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be
other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. The forward-looking statements and forward looking information are made as of the date hereof and are qualified in their entirety by
this cautionary statement. The Company disclaims any obligation to revise or update any such factors or to publicly announce the result of any revisions to any forward-looking statements or
forward looking information contained herein to reflect future results, events or developments, except as require by law. Accordingly, readers should not place undue reliance on forward-looking
statements and information. Please refer to the Company’s most recent filings under its profile at www.sedar.com for further information respecting the risks affecting the Company and its
business.
Cautionary note to United States investors concerning estimates of measured, indicated and inferred mineral resources.
This presentation contains certain disclosure that has been prepared in accordance with the requirements of Canadian securities laws, including Canadian National Instrument 43-101 (“NI 43-101”),
which differ from the current requirements of the U.S. Securities and Exchange Commission (“SEC”) set out in Industry Guide 7. In particular, this presentation refers to “mineral resources,”
“measured mineral resources,” “indicated mineral resources,” and “inferred mineral resources.” While these categories of mineralization are recognized and required by Canadian securities laws,
they are not recognized by Industry Guide 7 and are not normally permitted to be disclosed in SEC filings. United States investors are cautioned not to assume that all or any of measured,
indicated or inferred mineral resources will ever be converted into mineral reserves. Under Industry Guide 7, mineralization may not be classified as a “reserve” unless the mineralization can be
economically or legally extracted at the time the “reserve” determination is made. "Inferred mineral resources" have a great amount of uncertainty as to their existence and economic and legal
feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Disclosure of "contained ounces" in a resource is permitted disclosure
under Canadian reporting standards; however, Industry Guide 7 normally only permits issuers to report mineralization that does not constitute "reserves" by Industry Guide 7 standards as in-place
tonnage and grade without reference to unit measures.
John Wilton (CGeol FGS), President, CEO and Director of BeMetals Corp. is the “qualified person” for the purposes of the National Instrument 43-101 Standards of Disclosure for Mineral Projects
(NI- 43-101),and he has reviewed and approved the technical disclosure contained in this presentation.
INVESTMENTHIGHLIGHTS -VALUEPROPOSITION
TopMineFinders,Builders&Operators: Founders have discovered, constructed, & operated several mines worldwide.
AccesstoCapital: BMET has secured alltherequiredcapitaltodate, including significant funding from B2Gold Corp.
Accessto Incoming DealFlow: Portfolio currently includes the Pangeni Copper Projectin Zambia and Kazan Gold Portfolio in
Japan .TheCompanyalsocontinuestoevaluate additional high-value base & precious metal opportunities.
Strongly Backed ToDeliverNear-Term Catalysts & FutureGrowth:
1) Completed a C$4.8M private placement in August 2024
2) Following-up on potential Tier 1 discovery at the Pangeni Copper Project after recent significant drilling results intercepted:
18.10m @ 0.70% Cu, 16.16m @ 0.74% Cu, 23.20m @ 0.54% Cu and 14.78m @ 0.42% Cu
3)Similar style, width, grade, geology and scale of large-scale Lumwana Copper Mine in same region of Zambian Copperbelt.
4) Copper Mineralization discovered along 3.0 kilometres of strike extent & open to SW, NE and down dip
BUILDINGTHEFUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt: 1OI.F | bemetalscorp.com 3
BOARDOF DIRECTORS & MANAGEMENT
MARK CONNELLY
NON-EXECUTIVE CHAIRMAN - INDEPENDENT DIRECTOR
Former Managing Director of ASX listed Papillon Resources (previous owner of
the world-class Fekola Deposit), which merged with B2Gold in 2014. As CEO and
Managing Director, he also led the merger between Perth-based Adamus
Resources and Endeavour Mining Corp. in 2011. Winner of the Mining Journal’s
CEO of the Year Awardin 2014.
CLIVE JOHNSON
INDEPENDENT DIRECTOR
Founder of Bema Gold and B2Gold (NYSE: BTG, TSX: BTO). Currently serves as
President, CEO & Director at B2Gold and previously at Bema Gold (NYSE & TSX:
BGO). Collectively he has raised over US$2 billion in equity and debt financings
for the construction of numerous profitable operating mines around the globe.
Today, B2Gold hasgrown to become aleading senior gold producer.
TOM GARAGAN, BSc (Honours) Geology
INDEPENDENT DIRECTOR
Founder of B2Gold. Formerly Senior Vice President, Exploration at B2Gold
(NYSE: BTG, TSX: BTO) and previously at Bema Gold (NYSE & TSX: BGO). He
has led the exploration teams which have discovered over 32 million ounces of
gold, 6 billion pounds of copper and 56 million ounces of silver. His teams’
discoveries include Refugio and Cerro Casale in Chile, as well as Kupol in far-east
Russia.
ROGER RICHER, BA, LLB
INDEPENDENT DIRECTOR
Founder of Bema Gold and B2Gold (NYSE: BTG, TSX BTO). Formerly Executive
Vice President, General Counsel & Corporate Secretary of B2Gold and previously
at Bema Gold (NYSE & TSX: BGO). Currently consults for the legal affairs,
corporate records and corporate governance of B2Gold. He has a Bachelor of
Arts and a Bachelorof Law degree from the University of Victoria.
JOHN WILTON,BSc(Honours) Geology
PRESIDENT,CEO & DIRECTOR
O v e r 3 5 years of experience in the minerals industry including roles ranging
from target generation to feasibility studies and business development for base and
precious metals. From 2010-2017, he was the Regional Exploration Manager of Africa at
Antofagasta PLC. He was also a principal member of both the discovery and resource
development teams of the Otjikoto Gold Mine in Namibia with Anglovaal Mining. Co-
recipient of the Henno Martin Medal from the Namibian Geological Society for his role in
thediscovery.
NICK FURBER,CA (UCAEW), CFA
CHIEFFINANCIAL OFFICER
Has 29 years experience in management and providing financial advisory services for
private and publicly traded companies. Over 10 years as CFO and Corporate Secretary
of Dynasty Metals & Mining, which evolved from a junior gold exploration companyinto
a TSX listed gold producer. 10+ years with PricewaterhouseCoopers focused on
accounting,M&A, valuations and due diligence.
DEREK IWANAKA, B.Comm (Marketing)
VICEPRESIDENT,INVESTOR RELATIONS & CORPORATE DEVELOPMENT
Brings a wealth of investor relations, marketing and fundraising experience. During his 23
years in the mining sector he has built an extensive network of analysts, news letter
writers, retail brokers and institutional investors. He started his career with Bema Gold in
2002 and has since been instrumental in 20 mergers, acquisitions, and divestures of gold,
silver, nickel, and uraniumproperties and companies.
KRISTEN REINERTSON
CORPORATE SECRETARY& DIRECTOR
Has over 15 years of experience in corporate administration and financial
a dvisory services for public companies in the natural resource sector. She
has acted as Corporate Secretary and Chief Financial Officer for
numerous Canadian listed companies.
BUILDINGTHE FUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com 4
TECHNICAL ADVISORS
RICHARD SILLITOE, Ph.D.
TECHNICAL ADVISOR - ECONOMIC GEOLOGIST
World-renowned economic geologist who has been an
economic geological consultant for over 45 years and has
worked in more than 100 countries. He has made major
contributions to the discovery of a variety of deposits and has
authored over 130 economic geology articles as well as three
books. Specializes in deposit modeling using field
observations and drill core.
DENNIS STANSBURY,BS Mining Eng.
TECHNICAL ADVISOR - MINING ENGINEER
Founder of B2Gold. Currently Senior Vice President, Engineering
& Project Evaluations at B2Gold (NYSE: BTG, TSX: BTO) and was
previously Vice President, Production & Development at Bema
Gold. He has over 45 years of engineering, construction,
production and management experience at surface and
underground mines in 15 countries. Led the development teams
in completing five mines on schedule and on budget.
Discovered more than
34Moz of gold, 56Moz of
Silver and 6Blbs of copper(1)
Produced over 11.3Moz of gold
generating over US$15.8B in
gold sales revenue(1)
Raised in excess of US$3.4B
and have constructed and or
operated 10 mines globally(1)
Led by top mine finders, builders and operators who have collectively:
(1) All numbers are calculated using consolidateddata from Bema Gold Corp. and B2Gold Corp. as at yearend 2024 .
BUILDINGTHE FUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com 5
PROVENTRACK RECORD OF CREATINGVALUE:
OUR COMPETITIVE ADVANTAGE
KupolGoldMine, Russia
B2Gold - Otjikoto Gold Mine, Namibia
1988
Initial Market
Capitalization:
C$34 M
Acquired by
Kinross for
C$3.5 B
+10,286%
GROWTH
2007
Initial TSX-V
MarketCapitalization:
C$12 M
2018 2025
MarketCapitalization:
C$12.5 M(2)
Initial Market
Capitalization:
C$100 M
2007
MarketCapitalization:
C$5.3 B(1)
2025
BMET - PangeniCopperProject, Zambia
BUILDINGTHEFUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt: 1OI.F | bemetalscorp.com 6
+5,300%(1)
GROWTH
(1) Marketcapitalizations and % growth are calculated as of February24,2025
(2) Marketcapitalizationand % growtharecalculatedas of January10,2025(Recenthigh)
B2Gold - Fekola Gold Mine, Mali
+4.2%(2)
GROWTH
B2GOLD IS A CORNERSTONE STRATEGIC INVESTOR
B2Gold has provided significant funding to date and is currently a 24% shareholder
B2Gold is an international senior gold producer headquartered in Vancouver, Canada with operating
gold mines in Mali, Namibia and the Philippines, and a mine under construction in northern Canada.
Benefits to BeMetals:
• Validation of BMET’s management, directors and strategy
• Provides financial & technical support for its exploration projects, as well
as for evaluating new acquisitionopportunities
• B2Gold acts as a pipeline for appropriately scaled but potentially
high-value project opportunities
Benefits to B2Gold:
• Providesexposure to quality mineral projects that may not initiallymeet
B2Gold’s investment criteria (i.e. Earlier stage base metal (copper) & gold
opportunities)
• PositionsB2Goldas an early cornerstone investor in an emerging base metals
(copper)&potentiallyothercommodityexploration and development company
BUILDINGTHEFUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt: 1OI.F | bemetalscorp.com 7
BUILDINGTHE FUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com 8
CORPORATE BASE
VANCOUVER, CANADA
PANGENI PROJECT
WESTERN, ZAMBIA
World-class copper discovery potential
along the Central African Copper Belt
where over220 million tonnes ofCu has
been produced,numberoflarge-scale
minesdeveloped inlastdecadeswith
expansionprojects.Zambia: FQM, Barrick
producing, Rio Tinto, Anglo American,
Kobold Metals exploring.
OUR PROJECTPORTFOLIO
Current portfolio of high-quality copper and gold exploration projects located in globally key mineral belts
KAZANGOLD PROJECT
HOKKAIDO & KYUSHU, JAPAN
Five projects with high-grade gold
discovery potential
THE WORLD NEEDSMORECOPPER FOR ENERGY TRANSITION
BUILDINGTHEFUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt: 1OI.F | bemetalscorp.com 9
Total combined copper production from the top 10 mines is only 4.72Mt
(1) Data Source: https://www.statista.com/statistics/1126679/leading-copper-mines-based-on-output-
worldwide/#:~:text=The%20Escondida%20mine%20in%20Chile,produced%20at%20the%20Escondida%20mine..
5Mt
Future
Growth
BUILDINGTHE FUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com 16
TARGETING TIER 1COPPERDISCOVERIES
UNDERCOVERINTHEPROLIFIC ZAMBIANCOPPERBELT
WHY ZAMBIA?
ZAMBIAN RECENT HIGHLIGHTS
• The Lumwana Mine is building a “Super Pit” to increase copper
production to 240ktpa from 2028.
• The Kansanshi Mine is proceeding with a US$1.25 Billion S3
Expansion to extend the life of mine and boost Cu production to up
to 180ktpa from 2025.
• Bill Gates /Jeff Bezos backed AI exploration company, Kobold
Metals has recently announced acquisition & exploration of a large
high-grade copper project on the eastern side of the Zambian
Copperbelt
• The Lobito Corridor project is a 1,300km railway upgrade that
links the Copperbelt region to the western seaboard port of Lobito.
11
• Zambia is a mature democratic country with a long history of world-class copper mine developments.
• The Zambian and CentralAfrican Copperbelt (“Copperbelt”) host numerous world-class copper mines, major developments
and regional exploration projects.
• President Hakainde Hichilema (“HH”) is pro-business and Zambia is moving forward with two bills to boost Zambian copper
production from 800 kt/year to 3mt/year by 2031.
• Hydro-electric power for “green-copper”, with experienced local skills & suppliers in copper mining business
Pangeni Copper Project
Lumwana
Kamoa-
Kakula
Kansanshi
Sentinel
Regional Copper Mines
BUILDINGTHE FUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt: 1OI.F | bemetalscorp.com
• Targeting Tier-One sediment-hosted deposits in one of the
most prolific copper districts in the world.
• Exploration on western side of theCopperbelt has historically
been challenged due to an extensive layer of Kalahari sand
masking much of the underlying bedrock geology.
• The Pangeni property is favoured with a thin concealing layer
of sand cover (avg. 25m thickness) which significantly improves
probability of discovery success.
• Co-investingpartner Japan Organization for Metals and Energy
Security (“JOGMEC”) has funded C$4.1M to Sep. 30, 2024, and
covers 27.8% pro-rata exploration expenses.(1)
PANGENICOPPER EXPLORATION PROJECT IN ZAMBIA
BUILDINGTHE FUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com 12
Konkola
Mufulira
Baluba/Luanshya
Nchanga
Nkana
Lumwana
200 km
ZAMBIA
ANGOLA
DRC Kamoa-
Kakula
Kolwezi
Kansanshi
Sentinel
CentralAfrican Copperbelt
Pre 2000 Discovery/Mine Development
Post 2000 Discovery/MineDevelopment
PANGENICOPPER PROJECT
*
(1) Pangeni Project rights are secured under an option agreement with Pangeni Mineral Resources (Zambian
partner), Copper Cross Zambia (Technical Partner) and JOGMEC.
(*) Anglo American investingup to US$88.5 M in Zambian JV with Arc MineralsLtd. SeeArc Mineralsnews
releases dated Apr. 20, 2023and Dec. 5, 2022for moredetails
THE PROLIFIC DOMESREGION OF ZAMBIA
Meas. & Ind. Resources: Domes Region Cu Deposits
Mine Name
Tonnage
(M tonnes)
Cu
Grade
(%)
Contained Cu
(M Tonnes)
Contained Cu
(B lbs)
2023 Cu
Production
(Tonnes)
Lumwana(1)
1,360 0.52 7.1 15.5 118,000
Kansanshi(2)
845 0.66 5.6 12.3 134,827(4)
Sentinel(3)
762 0.46 3.5 7.7 214,000(5)
Pangeni Copper Project
BUILDINGTHEFUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt: 1OI.F | bemetalscorp.com 13
Lumwana ‘Super Pit’ project in progress to expand to 240ktpa of copper.
1) Source: https://www.barrick.com/English/operations/lumwana/default.aspx
2) Source: https://www.first-quantum.com/English/our-operations/operating-mines/kansanshi/reserves-and-resources/default.aspx
3) Source: https://www.first-quantum.com/English/our-operations/operating-mines/sentinel/reserves-and-resources/default.aspx
4) Source: https://www.first-quantum.com/English/our-operations/operating-mines/kansanshi/production-statistics/default.aspx
5) Source: https://www.first-quantum.com/English/our-operations/operating-mines/sentinel/production-statistics/default.aspx
TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com 14
D-PROSPECT FOOTPRINT VS. CHIMIWUNGO (LUMWANA MINE)
BUILDINGTHE FUTURE WITH METALS
• Drilling to date has identified a similar 3km
length footprint scale at our D-Prospect,
comparable to Lumwana Copper Mine’s
Chimiwungo Deposit.
Recent highlight holes include:
• D24-C1: 16.16m @ 0.74% Cu & 533 ppm
Co from 302.21m
• D22-C1: 18.10m @ 0.70% Cu from 260.0 m
Including: 4.00m @ 1.00% Cu
And: 4.60m @ 0.89% Cu
• D22-C2: 27.16m @ 0.35% Cu from 181.7m
Including: 14.78m @ 0.42% Cu
• D14-C2: 31.50m @ 0.33% Cu from 221.5m
Including: 17.10m @ 0.40% Cu
• 2025 drilling program is expected to
commence in Q1-25
PANGENI PROJECT: 2024 CORE & AIRCORE DRILLING RESULTS
15
BUILDINGTHE FUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com
2024 Aircore Highlights:
•Expanded mineralized copper
target footprint by 1.3km to the
southwest of the D-Prospect with
638,316 and 311 ppm Cu
•Identified additional higher grade
copper anomaly of 2,666ppm Cu
to northwest of the D-Prospect
•Identified copper anomalies of
3,170 and 2,512 ppm Cu ~7km to
southeast of the D-Prospect at the
CT Southwest Target
•Defined new R Target with copper
anomalies of 853 and 400 ppm Cu
•Similar spatial distribution of
mineralized shoots and deposits
seen at the Lumwana Copper
Mine
3D SKETCH & CROSS SECTIONS
BUILDINGTHE FUTURE WITH METALS 16
Pangeni Project:
3D View Looking NE & Magnetics With Cross Sections
PANGENI PROJECT VS. LUMWANA MINE’S MALUNDWE DEPOSIT
BUILDINGTHE FUTURE WITH METALS 17
Example Cross Section: Malundwe Deposit(2)
“The mineralization is closely similar in geological setting and
style to that exploited at the Lumwana Copper Mine, farther
east in the Domes region.”
Dr. Richard Sillitoe, February 2024
D-Prospect
Mica-Kyanite Schist
D24-C1 D11-C3
D-Prospect
Mica Qz-Kyanite Schist
Lumwana Mine
Ore Schist (Mica-Kyanite)
Lumwana Copper Mine in Zambia
1. First Quantum Minerals Ltd. website, Mineral Reserves - as at December 31, 2022, and reported based on a long-term $3.00/lb Cu price. The current depleted in-pit Mineral Reserve as at December 31, 2022 for Sentinel.
2. Barrick Gold Corporation website, Mineral Reserves – December 31, 2013, Technical Report on the Lumwana Mine, North-Western Province, Republic of Zambia, Barrick Gold Corporation, Report for NI 43-101, March 27, 2014.
3. Bernau, R., Roberts, S., Richards, M., Nisbet, B., Boyce, A., Nowecki, J. (2013) The geology and geochemistry of the Lumwana Cu (± Co ± U) deposits, NW Zambia. Mineralium Deposita, 48:137–153.
TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com
Hallmarks
Pangeni
(D-Prospect)
Sentinel/Lumwana1,2
Copper Interval Grades (0.32 - 0.74%)   (0.46% & 0.52% 1,2
)
Zone Thickness (12 - 23 metres)  (14m Malundwe Deposit 3
)
Higher Grade Copper Zones
(Controlled by structures/shoots)  
Host Rock & Alteration Minerals
(Mica Schists & Kyanite)  
Copper Mineral Zonation
(Chalcopyrite & Bornite)   (Lumwana)
D-Prospect & Other Targets Core
Intersections: (Project Area 575km2)
Previous drilling included the following:
• CT1: 6.10m @ 0.34% Cu from 39.00m
• CT3: 6.00m @ 0.35% Cu from 176.00m
• SW1: 5.50m @ 0.48% Cu from 142.50m
• E2-C1 :0.50 m @ 1.59%Cu from 145.0m
• E2-C3: 0.50 m @ 2.73%Cu from 242.20m
• Q3-C1: 4.14 m @ 0.62%Cu from 92.36m
• G2-C1: 0.50 m @ 0.71% Cu from 157.58m
• and: 0.50 m @ 1.19%Cu from 163.58m
• P1-C1: 0.78 m @ 0.48%Cufrom 158.80m
• D3-C2: 0.51m @ 0.42% Cu from 124.89m
• D5-C2: 0.50m @ 0.62% Cu from 136.25m
PANGENIPROJECT:LICENCE-WIDE COPPER INTERSECTIONS
BUILDINGTHEFUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt: 1OI.F | bemetalscorp.com 18
BUILDINGTHE FUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com 9
THE KAZAN GOLD PROJECT:
A PORTFOLIO OF HIGHLY PROSPECTIVE GOLD PROPERTIES
IN JAPAN
200 km
BeMetals' Projects (B2Gold Shareholder)
Japan Gold (Barrick Alliance/Newmont Shareholder)
Irving Resources (Newmont Shareholder)
Sumitomo Metal Mining’s Hishikari Gold Mine
Hokkaido
Honshu
Shikoku
Kyushu
BUILDINGTHE FUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com 20
Kato
(Gold)
Todoroki
(Gold& Silver)
Konomai
(Gold)
Hokusatsu
(Gold)
Tashiro
(Gold)
KONOMAI is located just north of Japan’s 2nd largest past producing gold mines. In 2023, BMET completeda
soiland rock chip sampling program near thehistorical Otowa GoldMine. Based on the sampling and recent soil
surveys BMET has generated future drill targets for the property.
KAZANGOLD PORTFOLIO OVERVIEW IN JAPAN
KATO is the most advanced project in the Kazan portfolio. To date, BMET has completed 2 phases of core drilling with
encouraging results including holes: KT22-11 of 11.5m @ 6.42 g/t Au, including 4.52m @ 11.88 g/t Au, KT22-12 of 26.1m
@ 3.06 g/t Au, and the most southern KT23-17 of 1.00m @ 6.31 g/t Au with additional zones of gold intersected. Drilling at
the high-grade Seta and Kamitake veins indicate the Kato corridor hosts gold bearing veins ~200m wide and at least 1.3km
in strike. The property hosts the Kato corridor and multiple additional targets for epithermal gold mineralization.
The TODOROKI property hosts the past producing high-grade Todoroki gold and silver mine. The Company’s
exploration work has included surface sampling that confirmed the historical ~10 g/t gold production grades with
associated high grade silver. A drilling program is required to vector into such vein extensions and new targets within
the property.
At TASHIRO, BMET is following-up on historical high-grade vein intersections at the Noya & Noya
SW targets, including holes of 63.90 g/t Au & 16.70 g/t Ag over 0.47m, 28.60 g/t Au & 12.90 Ag
over 1.08 m and 41.60 g/t Au & 28.40 g/t Ag over 0.30m. In 2023, a drone magnetic survey was
conducted and has been combined with historical drilling to generate 2-3 priority drill targets to
test extensions of two significant zones of vein-hosted gold mineralization.
HOKUSATSU is located along strike of Sumitomo’s high-grade Hishikari Gold Mine.
The property hosts the past producing Okuchi Mine and is adjacent to the historical
Fuke Mine. BMET has completed a phase of reconnaissance mapping and stream
sediment sampling. This new data will be integrated with Okuchi Mine data to
generate drill targets.
Kato
(Gold)
CORPORATE OVERVIEW (As at February24, 2025)
CAPITAL STRUCTURE
BMET SHARE PERFORMANCE (1Year) ENTERPRISE VALUE
Market Cap
C$10.3 M
Cash
C$4.5 M(1)
Debt
C$7.3 M(2)(3)
SHARE OWNERSHIP
(1) Cash position as of September 30, 2024.
(2) BMET has an unsecured US$5Mloan from B2Gold with an interestrate of 4.7% pa maturing Aug. 4, 2025.
Interestis accrued annually and is repayable in part or in full any time without penalty.
(3) BMET has a total of C$5.3M in convertible debt with an interest rate of 7% pa with B2Gold.
14%
BUILDINGTHE FUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com 21
46%
24%
17%
13% Retail
B2Gold
Insiders & Advisors
Institutional
Issued
228.8 M
Fully
Diluted
291.2 M(3)
Warrants
24.2 M
Options
17.0 M
0
200
400
600
800
1,000
1,200
1,400
$0.00
$0.02
$0.04
$0.06
$0.08
$0.10
$0.12
$0.14
Volume
in
thousands
Share
Price
(CD$)
Volume Traded BMET Price
CONTACT US
BeMetals Corp.
Suite 3400, 666 Burrard Street
Vancouver, BC Canada V6C 2X8
Web: www.bemetalscorp.com
Derek Iwanaka
Vice President, Investor Relations &
Corporate Development
Email: info@bemetalscorp.com
Tel: +1.604.928.2797
22
FOLLOW US ON:
@BeMetals

BeMetals_Presentation_PDAC 2025 .pdf

  • 1.
    BUILDING THE FUTURE WITHMETALS March 2025 TSX-V: BMET OTCQB: BMTLF FRANKFURT: 1OI.F bemetalscorp.com
  • 2.
    FORWARD LOOKING STATEMENTS BUILDINGTHEFUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com 2 This presentation contains "forward-looking statements" and “forward looking information” (as defined under applicable securities laws), based on management’s best estimates, assumptions and current expectations. Such statements include but are not limited to, statements with respect to the plans for future exploration and development of the Kazan Gold Project, Pangeni Copper Project, and the acquisition of additional base/precious metal projects. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects", "expected", "budgeted", "forecasts" , "anticipates" "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions, orthat events or conditions "will", "would", "may", "can", "could" or "should" occur. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those expressed or implied by such statements, including but not limited to: risks related to the Kazan Gold Project and Pangeni Copper Project; risks related to general economic conditions, actual results of current exploration activities, unanticipated reclamation expenses; fluctuations in prices of base and precious metals; fluctuations in foreign currency exchange rates, increases in market prices of mining consumables, possible variations in resource estimates, grade or recovery rates; title disputes, claims and limitations on insurance coverage and other risks of the mining industry; delays in the completion of exploration activities, changes in applicable government regulation of mining operations, tax rules and regulations; uncertainties around raising sufficient financing in a timely manner and on acceptable terms; and political and economic developments in countries in which the Company operates. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The forward-looking statements and forward looking information are made as of the date hereof and are qualified in their entirety by this cautionary statement. The Company disclaims any obligation to revise or update any such factors or to publicly announce the result of any revisions to any forward-looking statements or forward looking information contained herein to reflect future results, events or developments, except as require by law. Accordingly, readers should not place undue reliance on forward-looking statements and information. Please refer to the Company’s most recent filings under its profile at www.sedar.com for further information respecting the risks affecting the Company and its business. Cautionary note to United States investors concerning estimates of measured, indicated and inferred mineral resources. This presentation contains certain disclosure that has been prepared in accordance with the requirements of Canadian securities laws, including Canadian National Instrument 43-101 (“NI 43-101”), which differ from the current requirements of the U.S. Securities and Exchange Commission (“SEC”) set out in Industry Guide 7. In particular, this presentation refers to “mineral resources,” “measured mineral resources,” “indicated mineral resources,” and “inferred mineral resources.” While these categories of mineralization are recognized and required by Canadian securities laws, they are not recognized by Industry Guide 7 and are not normally permitted to be disclosed in SEC filings. United States investors are cautioned not to assume that all or any of measured, indicated or inferred mineral resources will ever be converted into mineral reserves. Under Industry Guide 7, mineralization may not be classified as a “reserve” unless the mineralization can be economically or legally extracted at the time the “reserve” determination is made. "Inferred mineral resources" have a great amount of uncertainty as to their existence and economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Disclosure of "contained ounces" in a resource is permitted disclosure under Canadian reporting standards; however, Industry Guide 7 normally only permits issuers to report mineralization that does not constitute "reserves" by Industry Guide 7 standards as in-place tonnage and grade without reference to unit measures. John Wilton (CGeol FGS), President, CEO and Director of BeMetals Corp. is the “qualified person” for the purposes of the National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI- 43-101),and he has reviewed and approved the technical disclosure contained in this presentation.
  • 3.
    INVESTMENTHIGHLIGHTS -VALUEPROPOSITION TopMineFinders,Builders&Operators: Foundershave discovered, constructed, & operated several mines worldwide. AccesstoCapital: BMET has secured alltherequiredcapitaltodate, including significant funding from B2Gold Corp. Accessto Incoming DealFlow: Portfolio currently includes the Pangeni Copper Projectin Zambia and Kazan Gold Portfolio in Japan .TheCompanyalsocontinuestoevaluate additional high-value base & precious metal opportunities. Strongly Backed ToDeliverNear-Term Catalysts & FutureGrowth: 1) Completed a C$4.8M private placement in August 2024 2) Following-up on potential Tier 1 discovery at the Pangeni Copper Project after recent significant drilling results intercepted: 18.10m @ 0.70% Cu, 16.16m @ 0.74% Cu, 23.20m @ 0.54% Cu and 14.78m @ 0.42% Cu 3)Similar style, width, grade, geology and scale of large-scale Lumwana Copper Mine in same region of Zambian Copperbelt. 4) Copper Mineralization discovered along 3.0 kilometres of strike extent & open to SW, NE and down dip BUILDINGTHEFUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt: 1OI.F | bemetalscorp.com 3
  • 4.
    BOARDOF DIRECTORS &MANAGEMENT MARK CONNELLY NON-EXECUTIVE CHAIRMAN - INDEPENDENT DIRECTOR Former Managing Director of ASX listed Papillon Resources (previous owner of the world-class Fekola Deposit), which merged with B2Gold in 2014. As CEO and Managing Director, he also led the merger between Perth-based Adamus Resources and Endeavour Mining Corp. in 2011. Winner of the Mining Journal’s CEO of the Year Awardin 2014. CLIVE JOHNSON INDEPENDENT DIRECTOR Founder of Bema Gold and B2Gold (NYSE: BTG, TSX: BTO). Currently serves as President, CEO & Director at B2Gold and previously at Bema Gold (NYSE & TSX: BGO). Collectively he has raised over US$2 billion in equity and debt financings for the construction of numerous profitable operating mines around the globe. Today, B2Gold hasgrown to become aleading senior gold producer. TOM GARAGAN, BSc (Honours) Geology INDEPENDENT DIRECTOR Founder of B2Gold. Formerly Senior Vice President, Exploration at B2Gold (NYSE: BTG, TSX: BTO) and previously at Bema Gold (NYSE & TSX: BGO). He has led the exploration teams which have discovered over 32 million ounces of gold, 6 billion pounds of copper and 56 million ounces of silver. His teams’ discoveries include Refugio and Cerro Casale in Chile, as well as Kupol in far-east Russia. ROGER RICHER, BA, LLB INDEPENDENT DIRECTOR Founder of Bema Gold and B2Gold (NYSE: BTG, TSX BTO). Formerly Executive Vice President, General Counsel & Corporate Secretary of B2Gold and previously at Bema Gold (NYSE & TSX: BGO). Currently consults for the legal affairs, corporate records and corporate governance of B2Gold. He has a Bachelor of Arts and a Bachelorof Law degree from the University of Victoria. JOHN WILTON,BSc(Honours) Geology PRESIDENT,CEO & DIRECTOR O v e r 3 5 years of experience in the minerals industry including roles ranging from target generation to feasibility studies and business development for base and precious metals. From 2010-2017, he was the Regional Exploration Manager of Africa at Antofagasta PLC. He was also a principal member of both the discovery and resource development teams of the Otjikoto Gold Mine in Namibia with Anglovaal Mining. Co- recipient of the Henno Martin Medal from the Namibian Geological Society for his role in thediscovery. NICK FURBER,CA (UCAEW), CFA CHIEFFINANCIAL OFFICER Has 29 years experience in management and providing financial advisory services for private and publicly traded companies. Over 10 years as CFO and Corporate Secretary of Dynasty Metals & Mining, which evolved from a junior gold exploration companyinto a TSX listed gold producer. 10+ years with PricewaterhouseCoopers focused on accounting,M&A, valuations and due diligence. DEREK IWANAKA, B.Comm (Marketing) VICEPRESIDENT,INVESTOR RELATIONS & CORPORATE DEVELOPMENT Brings a wealth of investor relations, marketing and fundraising experience. During his 23 years in the mining sector he has built an extensive network of analysts, news letter writers, retail brokers and institutional investors. He started his career with Bema Gold in 2002 and has since been instrumental in 20 mergers, acquisitions, and divestures of gold, silver, nickel, and uraniumproperties and companies. KRISTEN REINERTSON CORPORATE SECRETARY& DIRECTOR Has over 15 years of experience in corporate administration and financial a dvisory services for public companies in the natural resource sector. She has acted as Corporate Secretary and Chief Financial Officer for numerous Canadian listed companies. BUILDINGTHE FUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com 4
  • 5.
    TECHNICAL ADVISORS RICHARD SILLITOE,Ph.D. TECHNICAL ADVISOR - ECONOMIC GEOLOGIST World-renowned economic geologist who has been an economic geological consultant for over 45 years and has worked in more than 100 countries. He has made major contributions to the discovery of a variety of deposits and has authored over 130 economic geology articles as well as three books. Specializes in deposit modeling using field observations and drill core. DENNIS STANSBURY,BS Mining Eng. TECHNICAL ADVISOR - MINING ENGINEER Founder of B2Gold. Currently Senior Vice President, Engineering & Project Evaluations at B2Gold (NYSE: BTG, TSX: BTO) and was previously Vice President, Production & Development at Bema Gold. He has over 45 years of engineering, construction, production and management experience at surface and underground mines in 15 countries. Led the development teams in completing five mines on schedule and on budget. Discovered more than 34Moz of gold, 56Moz of Silver and 6Blbs of copper(1) Produced over 11.3Moz of gold generating over US$15.8B in gold sales revenue(1) Raised in excess of US$3.4B and have constructed and or operated 10 mines globally(1) Led by top mine finders, builders and operators who have collectively: (1) All numbers are calculated using consolidateddata from Bema Gold Corp. and B2Gold Corp. as at yearend 2024 . BUILDINGTHE FUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com 5
  • 6.
    PROVENTRACK RECORD OFCREATINGVALUE: OUR COMPETITIVE ADVANTAGE KupolGoldMine, Russia B2Gold - Otjikoto Gold Mine, Namibia 1988 Initial Market Capitalization: C$34 M Acquired by Kinross for C$3.5 B +10,286% GROWTH 2007 Initial TSX-V MarketCapitalization: C$12 M 2018 2025 MarketCapitalization: C$12.5 M(2) Initial Market Capitalization: C$100 M 2007 MarketCapitalization: C$5.3 B(1) 2025 BMET - PangeniCopperProject, Zambia BUILDINGTHEFUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt: 1OI.F | bemetalscorp.com 6 +5,300%(1) GROWTH (1) Marketcapitalizations and % growth are calculated as of February24,2025 (2) Marketcapitalizationand % growtharecalculatedas of January10,2025(Recenthigh) B2Gold - Fekola Gold Mine, Mali +4.2%(2) GROWTH
  • 7.
    B2GOLD IS ACORNERSTONE STRATEGIC INVESTOR B2Gold has provided significant funding to date and is currently a 24% shareholder B2Gold is an international senior gold producer headquartered in Vancouver, Canada with operating gold mines in Mali, Namibia and the Philippines, and a mine under construction in northern Canada. Benefits to BeMetals: • Validation of BMET’s management, directors and strategy • Provides financial & technical support for its exploration projects, as well as for evaluating new acquisitionopportunities • B2Gold acts as a pipeline for appropriately scaled but potentially high-value project opportunities Benefits to B2Gold: • Providesexposure to quality mineral projects that may not initiallymeet B2Gold’s investment criteria (i.e. Earlier stage base metal (copper) & gold opportunities) • PositionsB2Goldas an early cornerstone investor in an emerging base metals (copper)&potentiallyothercommodityexploration and development company BUILDINGTHEFUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt: 1OI.F | bemetalscorp.com 7
  • 8.
    BUILDINGTHE FUTURE WITHMETALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com 8 CORPORATE BASE VANCOUVER, CANADA PANGENI PROJECT WESTERN, ZAMBIA World-class copper discovery potential along the Central African Copper Belt where over220 million tonnes ofCu has been produced,numberoflarge-scale minesdeveloped inlastdecadeswith expansionprojects.Zambia: FQM, Barrick producing, Rio Tinto, Anglo American, Kobold Metals exploring. OUR PROJECTPORTFOLIO Current portfolio of high-quality copper and gold exploration projects located in globally key mineral belts KAZANGOLD PROJECT HOKKAIDO & KYUSHU, JAPAN Five projects with high-grade gold discovery potential
  • 9.
    THE WORLD NEEDSMORECOPPERFOR ENERGY TRANSITION BUILDINGTHEFUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt: 1OI.F | bemetalscorp.com 9 Total combined copper production from the top 10 mines is only 4.72Mt (1) Data Source: https://www.statista.com/statistics/1126679/leading-copper-mines-based-on-output- worldwide/#:~:text=The%20Escondida%20mine%20in%20Chile,produced%20at%20the%20Escondida%20mine.. 5Mt Future Growth
  • 10.
    BUILDINGTHE FUTURE WITHMETALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com 16 TARGETING TIER 1COPPERDISCOVERIES UNDERCOVERINTHEPROLIFIC ZAMBIANCOPPERBELT
  • 11.
    WHY ZAMBIA? ZAMBIAN RECENTHIGHLIGHTS • The Lumwana Mine is building a “Super Pit” to increase copper production to 240ktpa from 2028. • The Kansanshi Mine is proceeding with a US$1.25 Billion S3 Expansion to extend the life of mine and boost Cu production to up to 180ktpa from 2025. • Bill Gates /Jeff Bezos backed AI exploration company, Kobold Metals has recently announced acquisition & exploration of a large high-grade copper project on the eastern side of the Zambian Copperbelt • The Lobito Corridor project is a 1,300km railway upgrade that links the Copperbelt region to the western seaboard port of Lobito. 11 • Zambia is a mature democratic country with a long history of world-class copper mine developments. • The Zambian and CentralAfrican Copperbelt (“Copperbelt”) host numerous world-class copper mines, major developments and regional exploration projects. • President Hakainde Hichilema (“HH”) is pro-business and Zambia is moving forward with two bills to boost Zambian copper production from 800 kt/year to 3mt/year by 2031. • Hydro-electric power for “green-copper”, with experienced local skills & suppliers in copper mining business Pangeni Copper Project Lumwana Kamoa- Kakula Kansanshi Sentinel Regional Copper Mines BUILDINGTHE FUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt: 1OI.F | bemetalscorp.com
  • 12.
    • Targeting Tier-Onesediment-hosted deposits in one of the most prolific copper districts in the world. • Exploration on western side of theCopperbelt has historically been challenged due to an extensive layer of Kalahari sand masking much of the underlying bedrock geology. • The Pangeni property is favoured with a thin concealing layer of sand cover (avg. 25m thickness) which significantly improves probability of discovery success. • Co-investingpartner Japan Organization for Metals and Energy Security (“JOGMEC”) has funded C$4.1M to Sep. 30, 2024, and covers 27.8% pro-rata exploration expenses.(1) PANGENICOPPER EXPLORATION PROJECT IN ZAMBIA BUILDINGTHE FUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com 12 Konkola Mufulira Baluba/Luanshya Nchanga Nkana Lumwana 200 km ZAMBIA ANGOLA DRC Kamoa- Kakula Kolwezi Kansanshi Sentinel CentralAfrican Copperbelt Pre 2000 Discovery/Mine Development Post 2000 Discovery/MineDevelopment PANGENICOPPER PROJECT * (1) Pangeni Project rights are secured under an option agreement with Pangeni Mineral Resources (Zambian partner), Copper Cross Zambia (Technical Partner) and JOGMEC. (*) Anglo American investingup to US$88.5 M in Zambian JV with Arc MineralsLtd. SeeArc Mineralsnews releases dated Apr. 20, 2023and Dec. 5, 2022for moredetails
  • 13.
    THE PROLIFIC DOMESREGIONOF ZAMBIA Meas. & Ind. Resources: Domes Region Cu Deposits Mine Name Tonnage (M tonnes) Cu Grade (%) Contained Cu (M Tonnes) Contained Cu (B lbs) 2023 Cu Production (Tonnes) Lumwana(1) 1,360 0.52 7.1 15.5 118,000 Kansanshi(2) 845 0.66 5.6 12.3 134,827(4) Sentinel(3) 762 0.46 3.5 7.7 214,000(5) Pangeni Copper Project BUILDINGTHEFUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt: 1OI.F | bemetalscorp.com 13 Lumwana ‘Super Pit’ project in progress to expand to 240ktpa of copper. 1) Source: https://www.barrick.com/English/operations/lumwana/default.aspx 2) Source: https://www.first-quantum.com/English/our-operations/operating-mines/kansanshi/reserves-and-resources/default.aspx 3) Source: https://www.first-quantum.com/English/our-operations/operating-mines/sentinel/reserves-and-resources/default.aspx 4) Source: https://www.first-quantum.com/English/our-operations/operating-mines/kansanshi/production-statistics/default.aspx 5) Source: https://www.first-quantum.com/English/our-operations/operating-mines/sentinel/production-statistics/default.aspx
  • 14.
    TSX-V: BMET |OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com 14 D-PROSPECT FOOTPRINT VS. CHIMIWUNGO (LUMWANA MINE) BUILDINGTHE FUTURE WITH METALS • Drilling to date has identified a similar 3km length footprint scale at our D-Prospect, comparable to Lumwana Copper Mine’s Chimiwungo Deposit. Recent highlight holes include: • D24-C1: 16.16m @ 0.74% Cu & 533 ppm Co from 302.21m • D22-C1: 18.10m @ 0.70% Cu from 260.0 m Including: 4.00m @ 1.00% Cu And: 4.60m @ 0.89% Cu • D22-C2: 27.16m @ 0.35% Cu from 181.7m Including: 14.78m @ 0.42% Cu • D14-C2: 31.50m @ 0.33% Cu from 221.5m Including: 17.10m @ 0.40% Cu • 2025 drilling program is expected to commence in Q1-25
  • 15.
    PANGENI PROJECT: 2024CORE & AIRCORE DRILLING RESULTS 15 BUILDINGTHE FUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com 2024 Aircore Highlights: •Expanded mineralized copper target footprint by 1.3km to the southwest of the D-Prospect with 638,316 and 311 ppm Cu •Identified additional higher grade copper anomaly of 2,666ppm Cu to northwest of the D-Prospect •Identified copper anomalies of 3,170 and 2,512 ppm Cu ~7km to southeast of the D-Prospect at the CT Southwest Target •Defined new R Target with copper anomalies of 853 and 400 ppm Cu •Similar spatial distribution of mineralized shoots and deposits seen at the Lumwana Copper Mine
  • 16.
    3D SKETCH &CROSS SECTIONS BUILDINGTHE FUTURE WITH METALS 16 Pangeni Project: 3D View Looking NE & Magnetics With Cross Sections
  • 17.
    PANGENI PROJECT VS.LUMWANA MINE’S MALUNDWE DEPOSIT BUILDINGTHE FUTURE WITH METALS 17 Example Cross Section: Malundwe Deposit(2) “The mineralization is closely similar in geological setting and style to that exploited at the Lumwana Copper Mine, farther east in the Domes region.” Dr. Richard Sillitoe, February 2024 D-Prospect Mica-Kyanite Schist D24-C1 D11-C3 D-Prospect Mica Qz-Kyanite Schist Lumwana Mine Ore Schist (Mica-Kyanite) Lumwana Copper Mine in Zambia 1. First Quantum Minerals Ltd. website, Mineral Reserves - as at December 31, 2022, and reported based on a long-term $3.00/lb Cu price. The current depleted in-pit Mineral Reserve as at December 31, 2022 for Sentinel. 2. Barrick Gold Corporation website, Mineral Reserves – December 31, 2013, Technical Report on the Lumwana Mine, North-Western Province, Republic of Zambia, Barrick Gold Corporation, Report for NI 43-101, March 27, 2014. 3. Bernau, R., Roberts, S., Richards, M., Nisbet, B., Boyce, A., Nowecki, J. (2013) The geology and geochemistry of the Lumwana Cu (± Co ± U) deposits, NW Zambia. Mineralium Deposita, 48:137–153. TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com Hallmarks Pangeni (D-Prospect) Sentinel/Lumwana1,2 Copper Interval Grades (0.32 - 0.74%)   (0.46% & 0.52% 1,2 ) Zone Thickness (12 - 23 metres)  (14m Malundwe Deposit 3 ) Higher Grade Copper Zones (Controlled by structures/shoots)   Host Rock & Alteration Minerals (Mica Schists & Kyanite)   Copper Mineral Zonation (Chalcopyrite & Bornite)   (Lumwana)
  • 18.
    D-Prospect & OtherTargets Core Intersections: (Project Area 575km2) Previous drilling included the following: • CT1: 6.10m @ 0.34% Cu from 39.00m • CT3: 6.00m @ 0.35% Cu from 176.00m • SW1: 5.50m @ 0.48% Cu from 142.50m • E2-C1 :0.50 m @ 1.59%Cu from 145.0m • E2-C3: 0.50 m @ 2.73%Cu from 242.20m • Q3-C1: 4.14 m @ 0.62%Cu from 92.36m • G2-C1: 0.50 m @ 0.71% Cu from 157.58m • and: 0.50 m @ 1.19%Cu from 163.58m • P1-C1: 0.78 m @ 0.48%Cufrom 158.80m • D3-C2: 0.51m @ 0.42% Cu from 124.89m • D5-C2: 0.50m @ 0.62% Cu from 136.25m PANGENIPROJECT:LICENCE-WIDE COPPER INTERSECTIONS BUILDINGTHEFUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt: 1OI.F | bemetalscorp.com 18
  • 19.
    BUILDINGTHE FUTURE WITHMETALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com 9 THE KAZAN GOLD PROJECT: A PORTFOLIO OF HIGHLY PROSPECTIVE GOLD PROPERTIES IN JAPAN
  • 20.
    200 km BeMetals' Projects(B2Gold Shareholder) Japan Gold (Barrick Alliance/Newmont Shareholder) Irving Resources (Newmont Shareholder) Sumitomo Metal Mining’s Hishikari Gold Mine Hokkaido Honshu Shikoku Kyushu BUILDINGTHE FUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com 20 Kato (Gold) Todoroki (Gold& Silver) Konomai (Gold) Hokusatsu (Gold) Tashiro (Gold) KONOMAI is located just north of Japan’s 2nd largest past producing gold mines. In 2023, BMET completeda soiland rock chip sampling program near thehistorical Otowa GoldMine. Based on the sampling and recent soil surveys BMET has generated future drill targets for the property. KAZANGOLD PORTFOLIO OVERVIEW IN JAPAN KATO is the most advanced project in the Kazan portfolio. To date, BMET has completed 2 phases of core drilling with encouraging results including holes: KT22-11 of 11.5m @ 6.42 g/t Au, including 4.52m @ 11.88 g/t Au, KT22-12 of 26.1m @ 3.06 g/t Au, and the most southern KT23-17 of 1.00m @ 6.31 g/t Au with additional zones of gold intersected. Drilling at the high-grade Seta and Kamitake veins indicate the Kato corridor hosts gold bearing veins ~200m wide and at least 1.3km in strike. The property hosts the Kato corridor and multiple additional targets for epithermal gold mineralization. The TODOROKI property hosts the past producing high-grade Todoroki gold and silver mine. The Company’s exploration work has included surface sampling that confirmed the historical ~10 g/t gold production grades with associated high grade silver. A drilling program is required to vector into such vein extensions and new targets within the property. At TASHIRO, BMET is following-up on historical high-grade vein intersections at the Noya & Noya SW targets, including holes of 63.90 g/t Au & 16.70 g/t Ag over 0.47m, 28.60 g/t Au & 12.90 Ag over 1.08 m and 41.60 g/t Au & 28.40 g/t Ag over 0.30m. In 2023, a drone magnetic survey was conducted and has been combined with historical drilling to generate 2-3 priority drill targets to test extensions of two significant zones of vein-hosted gold mineralization. HOKUSATSU is located along strike of Sumitomo’s high-grade Hishikari Gold Mine. The property hosts the past producing Okuchi Mine and is adjacent to the historical Fuke Mine. BMET has completed a phase of reconnaissance mapping and stream sediment sampling. This new data will be integrated with Okuchi Mine data to generate drill targets. Kato (Gold)
  • 21.
    CORPORATE OVERVIEW (Asat February24, 2025) CAPITAL STRUCTURE BMET SHARE PERFORMANCE (1Year) ENTERPRISE VALUE Market Cap C$10.3 M Cash C$4.5 M(1) Debt C$7.3 M(2)(3) SHARE OWNERSHIP (1) Cash position as of September 30, 2024. (2) BMET has an unsecured US$5Mloan from B2Gold with an interestrate of 4.7% pa maturing Aug. 4, 2025. Interestis accrued annually and is repayable in part or in full any time without penalty. (3) BMET has a total of C$5.3M in convertible debt with an interest rate of 7% pa with B2Gold. 14% BUILDINGTHE FUTURE WITH METALS TSX-V: BMET | OTCQB: BMTLF | Frankfurt:1OI.F | bemetalscorp.com 21 46% 24% 17% 13% Retail B2Gold Insiders & Advisors Institutional Issued 228.8 M Fully Diluted 291.2 M(3) Warrants 24.2 M Options 17.0 M 0 200 400 600 800 1,000 1,200 1,400 $0.00 $0.02 $0.04 $0.06 $0.08 $0.10 $0.12 $0.14 Volume in thousands Share Price (CD$) Volume Traded BMET Price
  • 22.
    CONTACT US BeMetals Corp. Suite3400, 666 Burrard Street Vancouver, BC Canada V6C 2X8 Web: www.bemetalscorp.com Derek Iwanaka Vice President, Investor Relations & Corporate Development Email: [email protected] Tel: +1.604.928.2797 22 FOLLOW US ON: @BeMetals