Targa Exploration Corp. · CSE:TEX
Targa Exploration — Investor Presentation (October 2026)
25 slides from Targa Exploration's investor presentation, Oct 7, 2026
Slide 1: Quebec's Newest Gold Discovery
CSE: TEX | FRA: V6Y | OTCQB: TRGEF TARGAEXPLORATION.COM OCTOBER 2026 QUEBEC’S NEWEST GOLD DISCOVERY
Slide 2: Disclaimer & Forward-Looking Statements
2 DISCLAIMER & FORWARD-LOOKING STATEMENTS General This corporate presentation is intended to provide an overview of the business of Targa Exploration Corp. (the "Company"). It has been prepared for informational purposes only and does not purport to be complete. The information in this presentation
Slide 3: Positioned in Prime Mining Jurisdictions
GOLD 3 Opinaca POSITIONED IN PRIME MINING Quebec, Canada JURISDICTIONS CSE: TEX | FRA: V6Y | OTCQB: TRGEF DIVERSIFIED WITH THREE HIGH- POTENTIAL ASSETS El Zanjon & Venidero FOCUSED ON GOLD DISCOVERY Santa Cruz, Argentina
Slide 4: Our Team
4 OUR TEAM Cameron Tymstra Bryce Roxburgh Ryan Weston M.Sc., MBA, P.Geo President & CEO, Director Director VP Exploration Management & Directors 15 years of mining industry experience in the Americas including COO and CEO A geologist with over 50 years of experience in exploration and discovery. Mr.
Slide 5: Corporate Information
GOLD CORPORATE INFORMATION 5 Mgmt/Board/Advisors Kenorland Minerals CORPORATE 8.1% Aegis Resources SIDEX & NQI SHARE STRUCTURE HNWIs 61% 25% Retail/Other CSE: TEX | FRA: V6Y | OTCQB: TRGEF Shares Outstanding 85,678,431 Fully Diluted 121,101,042 Warrants 29,946,411 Current Share Price* $0.15 Options
Slide 6: Opinaca Gold Project
THE NEWEST GOLD DISCOVERY IN JAMES BAY OPINACA GOLD PROJECT DRILL PROGRAM RECENTLY Gold COMPLETED James Bay, Quebec FLAGSHIP PROJECT
Slide 7: Opinaca Project
GOLD OPINACA PROJECT JAMES BAY, QUEBEC 7 OPINACA PROJECT 100% owned covering 67,862ha of never-before explored territory. • 50km south of all-season Trans-Taiga road and powerline CSE: TEX | FRA: V6Y | OTCQB: TRGEF • 3% NSR held by Kenorland • Never explored prior to 2023 • Multi million-ounce depos
Slide 8: Target Generation: 7km Trend
GOLD OPINACA PROJECT JAMES BAY, QUEBEC 8 TARGET GENERATION 7KM TREND SUPPORTED BY REGIONAL MAGNETICS, GEOCHEMISTRY, HMC GOLD GRAINS Two seasons of till and boulder sampling generated 7km target trend: • All Heavy Mineral Concentrate samples with elevated gold values located along or just down-ice fr
Slide 9: 2025 Maiden Drill Program
GOLD OPINACA PROJECT JAMES BAY, QUEBEC 9 2025 MAIDEN DRILL PROGRAM TRUE GRASSROOTS DISCOVERY • 3,665m completed in 8 drill holes • >1g/t intercepts found in 7 of 8 drill holes • Up to 13.88g/t over 3.65m, incl. 166.1g/t over CSE: TEX | FRA: V6Y | OTCQB: TRGEF 0.3m • Widespread mineralized gold syste
Slide 10: 2025 Visible Gold in Drill Core
GOLD OPINACA PROJECT JAMES BAY, QUEBEC 10 2025 VISIBLE GOLD IN DRILL CORE High-grade intercepts: GRADE • 13.88g/t Au over 3.65m, including 166.14g/t over 0.3m in hole 25OPDD007 • 2.39g/t Au over 4.79m, including 14.8g/t over 0.7m in hole 25OPDD006 WIDTH • 7.45g/t Au over 0.37m in hole 25OPDD003 Broa
Slide 11: 2026 Drill Program Advancing the Discovery
GOLD OPINACA PROJECT JAMES BAY, QUEBEC 11 2026 DRILL PROGRAM ADVANCING THE DISCOVERY • 9 holes drilled in the Western Target 2026 Drill Targets • Stepping 700m out to the West and 500m to the east • Additional up-ice target at CSE: TEX | FRA: V6Y | OTCQB: TRGEF top of gold-till anomaly • Expanding f
Slide 12: 2026 Drill Program Advancing the Discovery
GOLD OPINACA PROJECT JAMES BAY, QUEBEC 12 2026 DRILL PROGRAM ADVANCING THE DISCOVERY • 9 holes drilled in the Western Target • Stepping 700m out to the West and 500m to the east • Additional up-ice target at CSE: TEX | FRA: V6Y | OTCQB: TRGEF top of gold-till anomaly • Expanding footprint of mineral
Slide 13: 2026 Drill Program Just Completed
GOLD OPINACA PROJECT JAMES BAY, QUEBEC 13 2026 DRILL PROGRAM PROGRAM JUST COMPLETED! • 4,317m total meters in 10 holes • Most effort focusing on Western Target • One hole also CSE: TEX | FRA: V6Y | OTCQB: TRGEF completed at the new Eastern Target • All core samples delivered to the lab • Assays anti
Slide 14: Venidero & El Zanjon Au-Ag Projects
Two new projects in a prolific epithermal gold-silver district VENIDERO & EL ZANJON AU-AG PROJECTS Gold Santa Cruz, Argentina
Slide 15: El Zanjon & Venidero, Santa Cruz, Argentina
GOLD EL ZANJON & VENIDERO SANTA CRUZ, ARGENTINA 15 RECENTLY OPTIONED ASSETS IN ARGENTINA OPTION AGREEMENTS SIGNED NOV. 7, 2025 • Targa has the option to acquire up to an 80% interest in each of the Venidero and El Zanjon projects* • Assets spun out of recently acquired Rugby Resources CSE: TEX | FRA
Slide 16: Venidero: 2.5km Mineralized Trend at Surface
GOLD VENIDERO SANTA CRUZ, ARGENTINA 16 VENIDERO 2.5KM MINERALIZED TREND AT SURFACE • Covers 10,736ha located 60km south of Newmont’s Cerro Negro mine, currently Gorganzola vein producing 275koz Au/yr traced for 2.5km • 12-year option to acquire up to an 80% interest by completing a FS Unsampled sili
Slide 17: Venidero
GOLD VENIDERO SANTA CRUZ, ARGENTINA 17 VENIDERO • Two styles of mineralization identified at Gorganzola: • Sheeted quartz veinlet systems up to 50m wide • Classic quartz vein structures 0.5 to 3m wide CSE: TEX | FRA: V6Y | OTCQB: TRGEF • Presence of chalcedonic quartz in most mineralized zones sugge
Slide 18: El Zanjon
GOLD EL ZANJON SANTA CRUZ, ARGENTINA 18 EL ZANJON Only a few years of mine reserves left at Cerro Vanguardia CSE: TEX | FRA: V6Y | OTCQB: TRGEF • 57,276ha located 30km south of Cerro Vanguardia. Operated by AngloGold with total historic production of 6Moz Au and 80Moz Ag • 12-year option to acquire
Slide 19: Targa Summary
GOLD TARGA SUMMARY 19 Opinaca Quebec, Canada FIRST GOLD DISCOVERY ANNOUNCED IN JANUARY 2026 CSE: TEX | FRA: V6Y | OTCQB: TRGEF Up to 13.88g/t Au over 3.65m at Opinaca SECOND DRILL PROGRAM AT OPINACA DISCOVERY JUST COMPLETED Assays anticipated in 6-8 weeks El Zanjon & Venidero Santa Cruz, Argentina Y
Slide 20: Contact Us
20 CONTACT US 1723 - 595 Burrard Street Vancouver, BC, V7X 1J1 [email protected] [email protected] CSE: TEX | FRA: V6Y | OTCQB: TRGEF +1 (604) 355-0303 www.targaexploration.com @targaex @Targa Exploration Corp.
Slide 21: Appendix: Opinaca Technical Details
21 CSE: TEX | FRA: V6Y | OTCQB: TRGEF APPENDIX OPINACA TECHNICAL DETAILS
Slide 22: Opinaca Soils: Au
GOLD OPINACA PROJECT JAMES BAY, QUEBEC 22 OPINACA SOILS: AU CSE: TEX | FRA: V6Y | OTCQB: TRGEF
Slide 23: Opinaca Grain Count: Au Normalized
GOLD OPINACA PROJECT JAMES BAY, QUEBEC 23 OPINACA GRAIN COUNT: AU NORMALIZED CSE: TEX | FRA: V6Y | OTCQB: TRGEF
Slide 24: What Is Till Sampling?
GOLD OPINACA PROJECT JAMES BAY, QUEBEC 24 WHAT IS TILL SAMPLING? • Glaciers scrape across bedrock, breaking off pieces and • Provide clues as to what lies in bedrock underneath the till layer. crushing them down to sand/clay/gravel. • Impacted by deposit type, orientation relative to ice flow, depth
Slide 25: El Zanjon, Santa Cruz, Argentina
GOLD EL ZANJON SANTA CRUZ, ARGENTINA 25 EL ZANJON Much of property still not covered with geochemistry and geophysics • Rugby Resources completed magnetic surveys, limited IP work, and ionic leach geochemistry to identify structural trends and areas of interest • Three additional exploration license
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