Idex Metals Corp. · TSXV:IDEX
Idex Metals — Investor Presentation (December 2025)
25 slides from Idex Metals's investor presentation, December 2025
Slide 1: Redefining District Scale Exploration in Idaho
Redefining District Scale Exploration in Idaho MAY 2025 TSX.V: IDEX OTCQB: IDXMF WWW.IDEXMETALS.COM December 2025
Slide 2: Cautionary Statement
Cautionary Statement This presentation (the “Presentation”) of IDEX Metals Corp. (the “Company”) is dated February 2025. It is information in a summary form Technical Disclosure and does not purport to be complete. It is not intended to be relied upon as advice to investors or potential investors an
Slide 3: Why IDEX? Idaho's Newest District Scale Explorer
Why IDEX? Idaho’s Newest CORPORATE OVERVIEW • Raised C$5.32M in over-subscribed private placement • Recently listed on the TSX Venture Exchange (TSXV: IDEX) and District Scale the OTCQB Venture Market (OTCQB: IDXMF) • First drill results from Freeze confirm a large, near-surface magmatic-hydrotherma
Slide 4: Management & Directors
Management & Directors CLAYTON FISHER – CEO AND DIRECTOR JOHN DEWDNEY – DIRECTOR Mr. Fisher has over 15 years in the capital markets sector and has played Mr. Dewdney is the CEO of Crowsnest Advisory Services, a company which pivotal roles as CEO, director, and strategic advisor for both private and
Slide 5: Idaho Focused Exploration
Idaho Focused Exploration FREEZE COMPANY OVERVIEW Overview • Founded in 2021 with a focus on MINERAL MOUNTAIN Deposit Porphyry Cu-Au; underexplored mineral belts in Target epithermal Au Ag-Pb replacement Idaho Bullet Description Deposit with secondary Target copper & base Project metals • 100% contr
Slide 6: Freeze Project
FLAGSHIP ASSET FREEZE PROJECT CU-AU PORPHYRY PROSPECT IN WASHINGTON-ADAMS COUNTY 6
Slide 7: A District Scale Opportunity
A District Scale Opportunity Idaho • Located within the newly emerging Idaho Copper Belt (ICB) • In 2023, Hercules Metals’ Leviathan discovery triggered a $23M equity investment by Barrick Gold • Staking rush secured ground for Barrick, Rio Tinto, Teck, BHP & IDEX Metals ~ 120,000 acres staked over
Slide 8: Freeze Property
Freeze Property GEOLOGICAL OVERVIEW • Historical mining in the Cuddy Mountain region dates back to the late 1800s, with intermittent exploration continuing through the 1980s • Cuddy Mine was developed in the 1920s-30s with shallow shafts and tunnels targeting gold bearing quartz veins • Geological a
Slide 9: Freeze Property Targets
Freeze Property Targets • Part of the northeast-trending occurrences of Triassic aged quartz rich Cu-bearing porphyry prospects • Reconnaissance rock and soil sampling by IDEX has returned significant copper, gold 2,000 x 1,500 m Cu-in-Soils anomaly1 and silver values from numerous prospects • Kisme
Slide 10: Kismet Target
Kismet Target 2025 DRILLING RESULTS • First IDEX drill hole (KSMT250011) intersected: • 182.25m @ 0.32% Cu, 1.08 g/t Ag, from 1.5 m • Incl. 3.2m @ 1.44% Cu, 1.11 g/t Ag from 109.0 m • Incl. 1.0m @ 1.41% Cu, 8.34 g/t Ag from 140.0 m • 89.34m @ 0.26% Cu, 2.25 g/t Ag, from 189.0 m • Incl. 7.0m @ 1.00%
Slide 11: Kismet Target
Kismet Target 2025 Drilling Summary A B 1 See September 10, 2025 & October 7, 2025 DEX News Release. 11 Maximum internal dilution of 5 metres was applied using a cut-off grade of 0.1% Cu.
Slide 12: Kismet Breccia Model
Kismet Breccia Model KSMT25002 101m @ 1.02% Cu2 Within 420 m @ 0.37% Cu Oxide Zone Iron oxide, quartz, specularite, tourmaline, chalcopyrite Sericite altered Phyllic Zone clasts Quartz, sericite, tourmaline, chalcopyrite Potassic Zone Biotite, magnetite, chalcopyrite, bornite biotite tourmaline Adap
Slide 13: CM Target
CM Target IP Chargeability Anomaly • Reconnaissance rock and soil sampling by IDEX in 2023 returned a significant 1,500 x 2,000 m copper-in-soils anomaly 1 CM TARGET • Coincident with sericite altered rocks and strong IP chargeability response (2024 DIAS geophysical survey) 3.1 g/t Au • Rock samples
Slide 14: MT Geophysics
MT Geophysics 1500 masl section showing resistivity (Ohm-m) • Ground based magnetotelluric (MT) geophysical survey outlined a NW-SE trending structural corridor with three major high-resistivity anomalies KSMT25001-06 • Corridor mapped over 11 km length by 4 km width • Anomalies interpreted as intru
Slide 15: 2025 Exploration & Work Program
2025 Exploration & Work Program • PERMITTING • IDL and USFS drill permit approval granted • FREEZE PROJECT DRILLING • Multiple holes at Kismet : KSMT25001-KSMT25006 • CM drilling approved and included in Phase II drill program • GEOPHYSICS • MT survey outlined 3 major high-resistivity anomalies in N
Slide 16: Corporate Structure
Corporate Structure TSX.V: IDEX OTCQB: IDXMF Management & Directors High Net Worth 15% 40% Shares Outstanding 57,251,399 Stock Options 4,330,466 Institutional 25% Restricted Share Units 4,495,000 Warrants 11,764,765 Fully Diluted 77,841,630 As of December 16th, 2025 Retail 20% 16
Slide 17: A District Scale Opportunity
A District Scale Opportunity Idaho Current Share Shares Company Market Cap. Price* Outstanding IDEX Metals $0.51 ~$29 M ~57 M Corp. Hercules $0.62 ~$179 M ~289 M Metals Corp. Nevgold Corp. $0.79 ~$90 M ~114 M Zeus North Freeze Project American $0.10 ~$6.75 M ~67 M Mining Corp. Scout $1.50 ~ Privatel
Slide 18: Idaho's Newest District Scale Explorer
IDAHO’S NEWEST DISTRICT SCALE EXPLORER CONTACT US idexmetals.com [email protected] 1 (604) 260-0356 TSX.V: IDEX OTCQB: IDXMF December 2025
Slide 19: QA/QC Procedures
QA/QC Procedures Soil samples taken during the 2021 to 2024 field seasons were taken in grid form, along either 400 or 200 meter spaced lines at approximately 50 meter spacing where possible. These were taken using a spade or tree planting shovel, with the sample of the B horizon retrieved by hand f
Slide 20: QA/QC Procedures (con't) Statutory Rights of Action
QA/QC Procedures (con’t) QUALITY CONTROL In earlier programs, the Company relied upon the internal quality control provided by the laboraties. Whereby both MSA Labs and ALS USA employ internal quality control standards, duplicates and blank samples at set frequencies. These quality control samples a
Slide 21: Amie Project
AMIE PROJECT AG-AU EPITHERMAL PROSPECT IN OWYHEE COUNTY 21
Slide 22: Amie Property
Amie Property Idaho Roadside Mine Big Shot Mine • Located in Owyhee County in west central Idaho, 80 kilometers south of Boise 11.05 g/t Au Mineralized Corridor • Part of a southeast trending, Miocene age Alluvium epithermal gold-silver belt Basalt (Pliocene and Miocene) Two-Mica Granite/ Granodiori
Slide 23: Mineral Mountain Project
MINERAL MOUNTAIN PROJECT AG-PB REPLACEMENT WITH SECONDARY COPPER AND BASE METALS IN LEMHI MINING DISTRICT
Slide 24: Mineral Mountain Property
Mineral Mountain >5,235 g/t Ag 14.75% Cu Property Idaho • Located in Lemhi Valley, Lemhi County, less than 74 kilometers southeast of 2.65% Ni Salmon, and 2 kilometers north of Leadore, Idaho, adjacent to State Highway 28 • Silver-lead replacement with secondary copper and base metals in hydrotherma
Slide 25: Ni (ppm) Zn (ppm)
@ 1549-359 @ 359- 999.2