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Ecuador’s Next Multi-Million Ounce Gold Development ASX:TTM | TITANMINERALS.COM INVESTOR PRESENTATION | IMARC | OCTOBER 2026 DYNASTY GOLD PROJECT
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2ASX: TTM And Forward-Looking Statements Disclaimer This document contains a summary of information about Titan and its activities that is current as at the date of this document. The information in this document is general in nature and does not purport to be complete or to contain all the informtion which a prospective investor may require in evaluating a possible investment in Titan or that would be required in a prospectus or a product disclosure statement prepared in accordance with the Corporations Act 2001 (Cth) (Corporations Act). This presentation has been prepared by Titan Minerals Limited (“Titan” or the “Company”) and is provided for informational purposes only. This presentation does not constitute or contain an offer, invitation, solicitation or recommendation with respect to the purchase or sale of any securities of Titan This presentation does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in any jurisdiction (in particular, the United States), or a securities recommendation. This presentation is not a prospectus, product disclosure statement or other offering document under Australian law or any other law and will not be lodged with the Australian Securities and Investments Commission. This presentation does not constitute financial product advice and does not consider any investor’s personal investment objectives, taxation situation, financial situation or needs. This presentation consists purely of factual information and does not involve or imply a recommendation of a statement of opinion in respect of whether to buy, sell or hold a financial product. An investment in Titan is considered to be speculative in nature. Before making any investment decision in connection with any acquisition of securities, investors should consult their own legal, tax and/or financial advisers in relation to the information in, and action taken on the basis of, this presentation. To the extent permitted by law, Titan makes no guarantee representation or warranty express or implied as to the accuracy, reliability, correctness, completeness or adequacy of any statements, estimates, options, conclusions or other information contained in this presentation. To the maximum extent permitted by law, Titan and each of its affiliates and its directors, officers, employees, associates, advisers and agents expressly disclaims any and all liability, including, without limitation, any liability arising out of fault or negligence, for any loss arising from the use of or reliance on information contained in this presentation including representations or warranties or in relation to the accuracy or completeness of the information, statements, opinions, forecasts, reports or other matters, express or implied, contained in, arising out of or derived from, or for omissions from, this presentation including, without limitation, any financial information, any estimates or projections and any other financial information derived therefrom. Statements in this presentation are made only as of the date of this presentation unless otherwise stated and the information in this presentation remains subject to change without notice. To the extent permitted by law, no responsibility or liability is assumed by Titan or any of its affiliates and its directors, officers, employees, associates, advisers and agents for updating any information in this presentation or to inform any recipient of any new or more accurate information or any errors or mis-descriptions of which Titan and any of its affiliates or advisers may become aware. Certain information in this document refers to the intentions of Titan, but these are not intended to be forecasts, forward looking statements or statements about the future matters for the purposes of the Corporations Act or any other applicable law. The occurrence of the events in the future are subject to risk, uncertainties and other actions that may cause Titan’s actual results, performance or achievements to differ from those referred to in this document. Accordingly, Titan and its affiliates and their directors, officers, employees and agents do not give any assurance or guarantee that the occurrence of these events referred to in the document will actually occur as contemplated. Statements contained in this document, including but not limited to those regarding the possible or assumed future costs, performance, dividends, returns, revenue, exchange rates, potential growth of Titan, industry growth or other projections and any estimated company earnings are or may be forward looking statements. Forward-looking statements can generally be identified by the use of words such as ‘project’, ‘foresee’, ‘plan’, ‘expect’, ‘aim’, ‘intend’, ‘anticipate’, ‘believe’, ‘estimate’, ‘may’, ‘should’, ‘will’ or similar expressions. These statements relate to future events and expectations and as such involve known and unknown risks and significant uncertainties, many of which are outside the control of Titan. Actual results, performance, actions and developments of Titan may differ materially from those expressed or implied by the forward-looking statements in this document. Such forward-looking statements speak only as of the date of this document. There can be no assurance that actual outcomes will not differ materially from these statements. To the maximum extent permitted by law, Titan and any of its affiliates and their directors, officers, employees, agents, associates and advisers: •disclaim any obligations or undertaking to release any updates or revisions to the information to reflect any change in expectations or assumptions; •do not make any representation or warranty, express or implied, as to the accuracy, reliability or completeness of the information in this document, or likelihood of fulfilment of any forward-looking statement or any event or results expressed or implied in any forward-looking statement; and •disclaim all responsibility and liability for these forward-looking statements (including, without limitation, liability for negligence). By attending an investor presentation or briefing, or accepting, accessing or reviewing this document you acknowledge and agree to the "Disclaimer" as set out above.
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3ASX: TTM 100% Owned Dynasty Gold Project Active Programs & Strong Newsflow ▪ Large open pit potential in large-scale system- a rare project of significant scale, that continues to grow ▪ Lingbao Gold1 9% strategic partner ▪ Growing corporate interest and strong M&A backdrop in Ecuador Corporate Interest Growing ▪ Compelling growth targets ▪ 20,00m drill program underway, strong and consistent news flow ▪ Dynasty MRE update and Scoping Study targeted Q1 2027 ▪ 3.9Moz gold @ 1.85 g/t Au & 26.1Moz silver @ 12.38 g/t Ag MRE ▪ 2026 MRE update delivered increase of 25% gold and 19% silver ▪ High grade resources from surface (no pre-strip) Investment Highlights Large-scale gold developer with resource growth and studies underway
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4ASX: TTM Strong Government Support ▪ Lundin Gold’s Fruta del Norte +$20 billion gold producer ▪ Mining a leading export, US$4.1 billion in 2025 ▪ Strong support and incentives for mining industry Permits in Place ▪ Permits in place for small-scale mining and unrestricted exploration at Dynasty ▪ Low Elevation, exploration year-round Rich in Infrastructure ▪ Infrastructure rich and workforce ready ▪ Regional town of Celica 10km from the Dynasty Project ▪ Daily flights from Quito and highway network connecting to infrastructure Gold-Silver & Copper Projects in Andean Copper Belt, Ecuador Strategic investment interest ▪ Emerging Tier 1 Mining Jurisdiction with a recent surge in strategic investment in gold and critical metals ▪ Significant Chinese investment over past 2 years with strong M&A backdrop Jiangxi Copper Corp. Infrastructure in place to support growing mining industry
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5ASX: TTM Dynasty Gold Project: 3.9Moz gold & 26.1Moz silver and growing 100% Owned Dynasty Gold Project ▪ 3.9Moz gold and 26Moz silver ▪ +9km long epithermal gold system still open! ▪ Potential for large scale, low cost, open pit mine Large-Scale Resource from Surface ▪ 65.6Mt @ 1.85 g/t Au, 12.4 g/t Ag ▪ 47% MRE in top 100m ▪ 76% MRE in top 200m ▪ 36% Indicated Resources Resource Growth Set to be Delivered ▪ 20,000m drill program underway ▪ Significant scope to grow resources with continued exploration over 9km long mineralised corridor ▪ Multiple untested targets ▪ MRE upgrade targeted Q1 2027 Dynasty Gold Project long section displaying 5 and 10 Au gram gold metre contours (Not MRE), 1.5km wide viewing plane 2.7Moz gold & 16.2Moz silver 0.7Moz gold & 4.8Moz silver 9km 1km 0.1Moz gold & 1.4Moz silver 0.4Moz gold & 4.8Moz silver 100% owned, large-scale, high-grade with substantial growth potential demonstrated Cerro Verde Iguana Trapichillo Papayal untested untested untested untested SW NE untested untested untested
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6ASX: TTM Kaliman BC-Halo Cerro Verde Brecha- Comanche Dynasty: MRE Update Delivers Strong Growth at Cerro Verde ▪ March 2026 resource delivered increase of 41% gold and 34% silver, discovery cost of ~US$6.30/oz gold ▪ Cerro Verde hosts 70% of resources - 50Mt @ 1.66g/t Au, 9.9 g/t Ag for 2.7Moz gold and 16.2Moz silver ▪ Oxide resources 12.1Mt at 1.88g/t Au and 11.2g/t Ag for 0.7Moz gold and 4.4Moz silver ▪ Substantial oxide resource base gives low capital start- up and early cash flow from initial years of mining ▪ Resources from surface down to ~670m depth, but majority of Dynasty gold system only tested down to ~200m ▪ Inferred Resources set to be upgraded with infill drill program underway ▪ Expansion of wide and high-grade mineralisation being targeted by resource extensional drilling at Cerro Verde Robust resources set for further growth and conversion Plan view of Cerro Verde deposits showing drill hole traces and mineralisation domains 2.7Moz gold & 16.2Moz silver 2km
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7ASX: TTM Dynasty: Cerro Verde Drilling Delivers New Discovery ▪ Extensive zone of shear and vein hosted gold- silver mineralisation discovered in recent drilling, returning a significant intercept of: ▪ 33.5m @ 6.6 g/t Au, 55.5 g/t Ag from 236.7m ▪ Mineralisation intersected outside current resource, representing a valuable resource addition and a new style of mineralisation to be targeted for resource expansion ▪ This result has highlighted the importance of the northwest structural corridor, providing a conduit for pervasive mineralisation ▪ Most of the shear hosted mineralisation has likely been missed by previous drilling given the orientation ▪ Exciting implications for growing resources within the structural corridor Latest results point towards much larger mineral system with previously untested structural control Drilling underway to define potential repetitions and lateral extensions to shear hosted mineralisation 33.5m @ 6.6 g/t Au, 55.5 g/t Ag Cerro Verde long section displaying drill traces and 5 and 10 Au gram gold metre contours (Not MRE), 1.2km wide viewing plane NW SE1.2km 800m
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8ASX: TTM Porphyry hosted gold-silver & copper mineralisation from surface at Cerro Verde ▪ 102.7m @ 1.6 g/t Au Eq. from 46.5m ▪ 216.6m @ 0.6 g/t Au Eq. from 4m ▪ 159.9m @ 0.7 g/t Au Eq. from 2.1m ▪ 138.4m @ 0.8 g/t Au Eq. from 3.6m & 42.7m @ 0.8 g/t Au Eq from 263.3m ▪ 143m @ 0.7 g/t Au Eq. from 147m ▪ 153m @ 0.6 g/t Au Eq. from 107m ▪ 142.6m @ 0.5g/t Au Eq. from 12.1m ▪ 115m @ 0.7 g/t Au Eq. from 0m & 161m @ 0.6 g/t Au Eq. from 146m ▪ 129.4m @ 0.5 g/t Au Eq. from 298m Received after March 2026 MRE: ▪ 184.4m @ 0.8 g/t Au, 3.3 g/t Ag from 3.6m ▪ 363.8m @ 0.5 g/t Au, 2.5 g/t Ag from 2.2m ▪ 137.7m @ 0.4 g/t Au, 1.3 g/t Ag from 46m Significant Porphyry Drill Intersections Cross section showing porphyry hosted mineralisation from surface at Cerro Verde Dynasty: Porphyry System Still Growing
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9ASX: TTM Mineral Resource Estimate Update ▪ MRE update planned Q1 2027 ▪ Extensional drilling to grow MRE & infill drilling to maximise Indicated resources within pit Updated MRE to drive upcoming mine studies and Dynasty scoping study Preliminary Metallurgical Testwork ▪ Preliminary recoveries for oxide 85-88% and fresh 91% ▪ Opportunity to improve recoveries in future testwork Engineering & Infrastructure Studies ▪ Preliminary mine studies complete- to be updated post 2027 MRE ▪ Process design and capex/ opex study underway ▪ TSF and waste rock studies underway Environmental Baseline Studies ▪ Small scale mining permit already obtained ▪ Routine monitoring of soil, water, stream sediment, noise and air provides large dataset for mining permits Dynasty: Key Derisking Workstreams Completed
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10ASX: TTM Q1 CY2026 Q2 CY2026 Q3 CY2026 Q4 CY2026 Q1 CY2027 Q2 CY2027 Q3 CY2027 Q4 CY2027 Q1 CY2028 Planned Activities Resource Growth Drilling Resource Infill Drilling Mineral Resource Estimate Scoping Study Pre-feasibility Study Environmental Baseline & Social Impact Studies Work program focused on resource expansion, conversion and development studies Key Milestones & Objectives Discovery → Grow Resources → Convert Resources → Update MRE → Scoping Study → PFS
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11ASX: TTM Corporate Snapshot │ ASX: TTM Share Price1 A$0.50 1. As at 25 August 2026. 2.As at 30 June 2026 Market Capitalisation A$150M Other 25% Lingbao Gold 9% High Net Wealth 33% Management 3% Institutions 30% 1 year share price chart Research Coverage Tribeca 15% Lingbao Gold 9% Franklin Templeton 5% Strong investment case and institutional support Net Cash 2 A$8.5M Enterprise Value A$141M EV ~A$36/oz gold Capitalisation Paul Howard Mike Milikan Justin Chan Ownership Structure Major Shareholders
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12ASX: TTM Board & Management Team MELANIE LEIGHTON CHIEF EXECUTIVE OFFICER PETER COOK NON- EXECUTIVE CHAIRMAN Geologist & Mineral Economist MATTHEW CARR EXECUTIVE DIRECTOR Entrepreneur & Project Developer BARRY BOURNE NON-EXEC DIRECTOR Geologist and Geophysicist STEPHANY LOPEZ GROUP TECHNICAL MANAGER JOHN NOLAN CHIEF OPERATING OFFICER • 40 years in mining and corporate management. • Founded & served as Managing Director/ Chairman for many successful resource companies. • Experienced company director, founder of a PE group with a focus on property backed investment and security. • Founder and Principal Consultant at Terra Resources, specialising in exploration targeting. • Held senior and management roles with Barrick Gold and Homestake Gold. Geologist & Corporate Manager Geologist & Data Wizard • 25 years’ experience in exploration and mining in precious & base metals. • Considerable experience in Latin America, exploring and developing porphyry copper and epithermal gold deposits. • 35+ years' experience across exploration, project development and operations. • Leadership of multidisciplinary teams through project lifecycle, from resource, feasibility studies to mine development and operations. • Expertise in mine optimisation, mine planning and project execution. • +10 years’ experience in resources. • A strong background in GIS, data management and exploration. • Significant experience in data validation, organisation, mapping, and QAQC controls for exploration projects and development studies. Mine Builder Proven track record in discovery, development, mine operation and deal making
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13ASX: TTM Why Invest in TTM? ▪ Meaningful scale gold, silver & copper ▪ Growth on track ▪ Low discovery cost ▪ Strong discovery potential ▪ Large fleet of rigs drilling 24/7 ▪ Strong news from the drill bit ▪ Scoping studies - key opportunities identified ▪ Mining oxide for first 5-7 years ▪ Low capex intensity
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14ASX: TTM Metal Equivalents & MRE Notes. July 2023 MRE: ▪ Cerro Verde, Iguana, Papayal and Trapichillo deposits included in the MRE. ▪ Reported ≥ 0.5 g/t Au. Notes. March 2026 MRE: ▪ Cerro Verde deposit update included in the MRE. ▪ Iguana, Papayal and Trapichillo resources remain unchanged. ▪ Epithermal Resources reported ≥ 0.5 g/t Au in constrained open pit optimisation (US$4200/Au +US$75/Ag) and reported > 1.5 g/t Au below open pit (fresh material only). Kaliman porphyry hosted resources reported ≥ 0.3 g/t Au in constrained open pit optimisation (US$4200/Au +US$75/Ag) . DYNASTY MINERAL RESOURCE ESTIMATE METAL EQUIVALENT VALUES – REQUIREMENTS UNDER THE JORC CODE Copper Equivalent. Assumed commodity prices for calculation of Copper Equivalent (Cu Eq) is Cu US$4.50/lb, Au US$3,000/oz, Mo: US$15/lb and Ag US$35/oz. Recoveries are assumed from similar deposits: Cu = 85%, Au = 65%, Ag = 65%, Mo = 80%. Cu Eq (%) was calculated using the following formula: ((Cu% x Cu price 1% per tonne x Cu recovery) + (Au(g/t) x Au price per g/t x Au recovery) + (Mo ppm x Mo price per g/t x Mo recovery) + Ag ppm x Ag price per g/t x Ag recovery)) / (Cu price 1% per tonne x Cu recovery). Cu Eq (%) = Cu (%) + 0.63195 x Au(g/t) + 0.00027 x Mo (ppm) + 0.00737 x Ag (ppm Gold Equivalent. Assumed commodity prices for calculation of Gold Equivalent (AuEq.) are Au US$4,000/oz and Ag US$60/oz and Cu US$5.00/lb. Recoveries are assumed from preliminary metallurgical testwork and similar deposits: Au = 90%, Ag = 89%, Cu = 90%. AuEq. (g/t) was calculated using the following formula: ((Au + (Ag ppm x Ag price per oz x Ag recovery) + (Cu ppm x Cu price per oz x Cu recovery)) / (Au price per oz). Au Eq (g/t) = Au (ppm) + 0.01338 x Ag (ppm) + 0.77145 x Cu (%) TTM confirms that it is the Company’s opinion that all the elements included in the metal equivalents calculation have reasonable potential to be recovered and sold. COMPETENT PERSON’S STATEMENTS The information in this report that relates to Exploration Results is based on and fairly represents information compiled by Ms Melanie Leighton, who is an experienced geologist and a Member of The Australian Institute of Geoscientists. Ms Leighton is a full-time employee at Titan Minerals and has sufficient experience which is relevant to the style of mineralisation and type of deposits under consideration and to the activity which she is undertaking to qualify as a Competent Person as defined in the JORC 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources, and Ore Reserves’. Ms Leighton consents to their inclusion in the report of the matters based on this information in the form and context in which it appears. With respect to estimates of Mineral Resources, announced on 18 March 2026, (MRE Announcement) the Company confirms that it is not aware of any new information or data that materially effects the information in the MRE Announcement and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. With respect to estimates of Mineral Resources, announced on 6 July 2023, (MRE Announcement) the Company confirms that it is not aware of any new information or data that materially effects the information in the MRE Announcement and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. 1 18th March 2026 ASX ANNOUNCEMENT Table 1. Dynasty Gold Project Combined Total Mineral Resource Estimate reported by deposit area MRE Version Deposit Tonnes Grade Ounces (M) (M) (Au g/t) Ag (g/t) Gold Silver 20261 Cerro Verde 50.82 1.66 9.89 2.70 16.15 20232 (unchanged) Iguana 10.93 2.02 13.68 0.71 4.81 Trapichillo 2.94 3.80 39.31 0.36 3.71 Papayal 0.87 4.54 50.85 0.13 1.43 Total Combined MRE 65.55 1.85 12.38 3.90 26.10 NB. Minor discrepancies may occur due to rounding . Tables are rounded as the final steps. Totals are not calculated after rounding. M – million. g/t – grams per tonne. Table 2. Dynasty Gold Project Combined Total Mineral Resource Estimate reported by resource categorisation Resource Category Tonnes Au Ag Au Oz Ag Oz (M) (g/t) (g/t) (M) (M) Indicated 17.36 2.18 13.94 1.21 7.78 Inferred 48.20 1.73 11.82 2.68 18.32 Total MRE 65.55 1.85 12.38 3.90 26.10 Note. Minor discrepancies may occur due to rounding. Tables are rounded as the final steps. Totals are not calculated after rounding. M – million. Oz- ounce. g/t – grams per tonne. 1 Cerro Verde deposit MRE update by Entech Mining, March 2026. 2 Iguana, Papyal and Trapichillo MRE unchamged. Completed by Haren Consulting, July 2023 .
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