Eranova Metals Inc. · TSXV:NOVA
Eranova Metals — Investor Presentation (May 2026)
23 slides from Eranova Metals's investor presentation, May 2026
Slide 1: EraNova Metals Corporate Presentation
Corporate Presentation May 2026 Development-Stage Molybdenum + District-Scale Multi-Metal Discovery EraNova Metals One Property. Two Paths to Value Creation. TSXV: NOVA OTCQB: STXPF TSXV: STU OTCQB: STXPF WKN: A2PLBV
Slide 2: Cautionary Statements
Cautionary Statements This presentation contains “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements in this presentation that are not historical facts are forward-lookin
Slide 3: Ruby Creek Property: Two Paths to Value
RUBY CREEK PROPERTY DEVELOPMENT-STAGE FOUNDATION WITH DISTRICT-SCALE UPSIDE 30,000 Ha land package $100m+ spend on property Road-accessible 20km from Atlin, BC TWO PATHS TO VALUE DEVELOPMENT EXPLORATION *433M lb (Current price of moly ~ USD $39/lb) District - Scale (M&I) Molybdenum Resource 15km+ Mi
Slide 4: Share Capital Structure
Share Capital Structure ~ 34% Insider Ownership * Eric Sprott 11.2% shareholder Market Capitalization: $7M Securities Price Expiration Proceeds Total Common Shares 51,388,410 Warrants 0.60 Aug 2026 $1,356,040 1,356,040 0.35 Jan 2027 $1,050,000 2,999,999 0.50 Mar 2027 $1,500,000 3,000,000 0.18 Sept 2
Slide 5: Trading at a Significant Discount to Moly Peers Ahead of PEA
Trading at a Significant Discount to Moly Peers Ahead of PEA ~C$0.025/lb Mo vs. peers at ~C$0.04–0.45/lb Valuation reflects molybdenum only — no credit for existing The lowest-valued moly assets in peer group infrastructure or exploration upside PEA expected to establish first economic framework Mar
Slide 6: Ruby Creek Property
Ruby Creek Property Atlin, British Columbia, Canada ‹#› TSXV: STU | OTCQB: STXPF
Slide 7: Ruby Creek Engine: The Surprise Lake Batholith
Ruby Creek Ruby Creek Engine: The Surprise Lake Batholith Ruby Creek hosts a district-scale, structurally controlled mineral system associated with the Surprise Lake Batholith, with multiple deposit styles identified across the property. Climax-style molybdenum porphyry at the intrusive core Metal z
Slide 8: Multiple Deposit Styles Within a Fertile District-Scale System
Ruby Creek Multiple Deposit Styles Within a Fertile District-Scale System Metal-rich systems with existing mineralization are often associated with multiple deposits, supporting strong discovery potential across the property. Deposit Model Showings Highlights 433m lbs (M&I) Climax Porphyry Style Mol
Slide 9: Adanac Molybdenum Project
Ruby Creek ADANAC MOLYBDENUM PROJECT Developement-Stage Molybdenum Asset with Expansion Potential Large-Pit Constrained Resource 433M lbs molybdenum (M&I) (*Current price of moly ~ $39USD) Defined within an open pit shell at US $15/lb BC Mines Act permit in care and maintenance 2008 Feasibility → be
Slide 10: Molybdenum Market: Growing Demand, Constrained Supply
Molybdenum Market: Growing Demand, Constrained Supply ~650-670M lbs annual demand growing ~2–3% per year WHY IT MATTERS MOLYBDENUM USES ~90% of supply is by-product (not demand-driven) Strengthens steel in critical infrastructure Supply does not respond to (pipelines, energy, defense) moly price Ess
Slide 11: Ruby Creek: Why Molybdenum
RUBY CREEK: WHY MOLYBDENUM WHY MOLYBDENUM? CRITICAL METAL MOMENTUM Price more than doubled from under US$10/lb (2020) to ~US$39/lb today Global demand rose 3% in 2022 to 631.5M lbs — while production fell 1% Growing structural deficit as energy transition accelerates Few large-scale, pure-play prima
Slide 12: Atlin Discovery Project
Ruby Creek ATLIN DISCOVERY PROJECT District-Scale High-Grade Precious Metals System 7 mineralized zones identified across the property 15+ km structurally controlled corridor High-grade gold & silver confirmed across multiple zones Multiple near-surface, drill-ready targets EXTENSIVE HIGH-GRADE SURF
Slide 13: Atlin Discovery Project: Additional Upside Critical Metals
Ruby Creek ATLIN DISCOVERY PROJECT Additional Upside: Critical Metals Broader Polymetallic System Copper, lead, zinc present across the system Reinforces scale beyond initial drill targets Copper–Gold Porphyry Potential Surface samples up to 8.1% Cu and 36.8 g/t Au Alteration and host rocks consiste
Slide 14: Ruby Creek
Ruby Creek 14 TSXV: NOVA | OTCQB: STXPF
Slide 15: High-Grade Gold–Silver Targets with Drill Potential
High-Grade Gold–Silver Targets with Drill Potential Structurally controlled epithermal gold–silver system with multiple high-grade vein targets defined at surface Lakeview: High-Grade Epithermal Vein System Up to 257 g/t Au & 3,660 g/t Ag Multiple samples >1 g/t Au ~200 m x 250 m surface footprint S
Slide 16: Silver Surprise: High-Grade Epithermal Silver
Silver Surprise: High-Grade Epithermal Silver 1,585 lb Mini-Bulk Metallurgy Confirms Simple Recovery Silver Surprise Target Located along the Adera structural corridor Up to 16,030 g/t Ag (multiple samples >10,000 g/t) 3 parallel veins (~1 m width) traced up to 180 m Open along strike and at depth →
Slide 17: Ruffner: Copper-Gold Porphyry
Ruffner: Copper-Gold Porphyry Emerging Copper–Gold Porphyry Target 13g/t Au 1.8% Cu Ruffner Target 0.9% Cu 5.7g/t Au 0.9% Cu 4.4g/t Au 0.7% Cu 11 samples >0.5% Cu (up to 8.1% Cu) 4.4g/t Au 0.6% Cu 1.6g/t Au 0.6% Cu 1.4g/t Au Gold values up to 36.8 g/t Au 2g/t Au Alteration and host rocks consistent
Slide 18: Key Takeaways
KEY TAKEAWAYS EraNova offers an advanced, multi-metal asset with near-term catalyst and clear re-rate potential. PEA expected within 3 months, first economic Trades at a deep discount to peers despite validation of a 433M lb molybdenum asset comparable or stronger fundamentals (e.g. Greenland Moly),
Slide 19: The EraNova Team
The EraNova Team The Team Meredith Eades Yana Silina Clive Aspinall Janet Miller B.Comm, UBC C.P.A M.Sc., P.Eng B.sc (Honors) Geology, UBC. President, CEO & Director Chief Financial Officer Qualified Person, Geologist Geologist 9+ years of experience in Director of OTCQB listed Cell 40 years of inte
Slide 20: Board of Directors
The EraNova Team Board of Directors Meredith Eades Kazuki Nohdomi Fiore Aliperti B.Com B.Com, M.B.A., C.F.A. President, CEO & Director Independent Director Independent Director 20+ years of buyside and portfolio 9+ years of experience in investor relations management experience 25+ years of experien
Slide 21: Thank You
One Property. Two paths to value creation. Thank You Meredith Eades President, CEO & Director [email protected] 604-360-4668 www.EraNova.com 21 TSXV: NOVA | OTCQB: STXPF
Slide 22: Appendix
APPENDIX EraNova Metals One Property. Two paths to value creation. TSXV: NOVA OTCQB: STXPF TSXV: STU OTCQB: STXPF WKN: A2PLBV
Slide 23: Other EraNova Projects
OTHER ERANOVA PROJECTS (1) RUBY CREEK 100% interest, 33,000-hectare PM + critical metal property Direct to deposit road access Located in the heart of Atlin Placer Gold Camp (2) BIG LEDGE 1 100% interest, 5,094-hectare lead-zinc property Historic drilling by Cominco (1948–1966; 10,060 m) outlined a