VEROCIOUS MINING & MINERALS - MINE 1

Project In Brief

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FORWARD LOOKING STATEMENTS This Presentation contains forward‐looking statements, including but not limited to statements in
relation potential quantity and/or grade of minerals, potential size and expansion of a mineralized zone or mineral system, proposed
timing of exploration and development plans, the growth potential of the VEROCIOUS MINING AND MINERALS, LTD and opportunities
for scalability, planned mining methods, mineral processing and sources of power, expected annual production, potential profitability
of the VEROCIOUS MINING AND MINERALS, LTD at lower metal prices, expected capital costs, anticipated permitting requirements and
timing thereof, expected development schedule, expected timing of the completion of the VEROCIOUS MINING AND MINERALS, LTD ,
potential conversion of inferred resources to measured and indicated resources, potential extension and expansion of mineral
resources and the focus of the Company in the coming months. Such statements are generally identifiable by the terminology used,
such as “may”, “will”, “could”, “should”, “would”, “anticipate'', “believe'', “intend”, “expect”, “plan”, “estimate”, “budget'', “outlook''
or other similar wording. By its very nature, such forward‐looking information requires the Company to make assumptions that may
not materialise or that may not be accurate. Such forward‐looking statements involve known and unknown risks, uncertainties and
other important factors beyond the control of the Company that could cause the actual performance or achievements of the Company
and/or its respective subsidiaries and/or its affiliated companies, to be materially different from any future results, performance or
achievements expressed or implied by such forward‐looking statements. Such factors include, but are not limited to: interpretation of
results at the VEROCIOUS MINING AND MINERALS, LTD ; changes in project parameters as plans continue to be refined; possible
variations in grade or recovery rates; the costs and timing of the development of new deposits; failure of equipment or processes to
operate as anticipated; the failure of contracted parties to perform; the timing and success of exploration activities generally; delays in
permitting; possible claims against the Company; general business, economic, competitive, political and social uncertainties, including
the uncertainty of the COVID-19 pandemic and its potential to disrupt work programs or procurement; future prices of gold and other
metal prices; currency exchange rates and interest rates; favourable operating conditions; obtaining governmental approvals and
financing on time; obtaining renewals for existing licences and permits and obtaining required licences and permits; labour stability;
stability in market conditions; availability of equipment; accuracy of any mineral resources; successful resolution of disputes and
anticipated costs and expenditures; the timing of future economic studies; and other risks of the mining industry. Many assumptions
are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct.
Furthermore, the forward‐looking information contained in this Presentation is made as at the date of this Presentation and the
Company does not accept any obligation to disseminate any updates or revisions to such forward‐looking statements. The forward‐
looking information contained in this Presentation is expressly qualified by this cautionary statement. 2 Alternative performance
measures are furnished to provide additional information. These performance measures should not be considered in isolation as a
substitute for measures of performance in accordance with IFRS. The information in this Presentation or on which this Presentation is
based has been obtained, in part, from sources that the Company believes to be reliable and accurate. However, none of the Company,
the Company’s directors, officers, employees, its shareholders or any of their respective advisors, or any other person has
independently verified such information in this Presentation and no representation or warranty, express or implied, is made as to the
fairness, accuracy, completeness or correctness of the information and opinions contained in this Presentation as a whole and no
reliance should be placed on such information or opinions. Any opinions, projections, estimates or forecasts contained in this
Presentation constitute a judgement of the Company only and should not be relied upon and are provided as at the date of this
Presentation and are subject to change without notice. In giving this Presentation the Company does not undertake or agree to any
obligation to provide you with access to additional information or to update the Presentation or to correct any inaccuracies or
omissions from this Presentation which become apparent. To the extent permitted by law and regulation, neither the Company nor
any officer, director, employee or representative of any of them accepts any responsibility or liability whatsoever for any loss, damage
or liability howsoever arising, directly or indirectly, express or implied, contractual, tortious, statutory or otherwise from any use of this
Presentation or its contents or otherwise arising in connection therewith. The recipient of this Presentation shall be responsible for
conducting its own investigation and analysis of the information contained or referred to in this Presentation and for evaluating the
merits and risks involved in the securities forming the subject matter of this Presentation. This Presentation does not constitute an
offer of securities for sale in any country where such distribution may lead to a breach of any legal or regulatory requirement. It is the
responsibility of each recipient to ensure compliance with the laws of and regulations of any relevant jurisdiction. The content of the
Presentation has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000
(“FSMA”). Reliance on the Presentation for the purpose of engaging in any investment activity may expose an individual to a significant
risk of losing all of the property or other assets invested. Any person who is in any doubt about the subject matter to which the
Presentation relates should consult a person duly authorised for the purposes of FSMA who specialises in the acquisition of shares and
other securities. The Presentation is not intended to be, and should not be construed as, any advice on the merits of, or any
recommendation to any recipient or reader of this document in relation to, the purchase of shares in the Company. Recipients and
readers of this document should seek their own independent legal, investment and tax advice as they see fit. By receiving this
Presentation, you agree to be bound by the foregoing limitations. All currencies are reported in Zambian Kwatcha unless otherwise
specified.

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A BRAND NEW APPROACH TO ARTISINAL MINING
Legitimizing and stabilizing artisanal and small-scale mining in Zambia
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We are VEROCIOUS MINING AND MINERALS, LTD, a Zambian gold exploration and mining company,
located in the heart of Zambia.

We are a principled, ethical and highly motivated group of people with many years of experience in
mining who want to raise the floor for ethical treatment of miners, families, and community while
stabilizing and legitimizing the artisanal and small-scale gold mining business in Zambia.

During our feasibility studies, findings clearly indicate that mining remains Zambia’s top business, and
artisanal mines and small mining operations can add to Zambia’s mining sector and country revenues in
a more significant way than present.

We are committed to:

- Our People (safety, training, culture, good salaries and benefits for our workers)

- Sustainability (strong economic benefits and community development for Zambians)

The purpose of this document is to forge strong, strategic shareholder partnerships for funding Phase 1,
Mine 1, in order to mine this area to its potential. With initial funding we can begin the process after
which we believe profits from Mine 1 will let us grow the base of assets by acquiring other small and
artisanal mining operations in the local area.

There are new government policies that have come into place that make this an exceptional time to
invest in artisanal mining.

Artisanal and small-scale mining in the country and all over Africa is in a deplorable state. This is due to
illegal and unethical mining activities that extract value on the backs of a workforce that typically gets
pennies on the dollar for wages, under management conditions that are not responsible to the health
and wellbeing of people, communities, and lands.

The sector has tremendous value that can add to the economic development of the country, but has
been relatively underdeveloped, characterized by the use of inadequate mining and processing
methods.

The global gap in supply and demand keeps widening, giving to rise a high cost of purchase. Due to the
current economic situation and the growth in word demand, the mining industry is undergoing a period
of spectacular development. The current desire of the Zambian government to increase production at
mine sites and promote the creation of new mines, along with the development of experience and
managerial capabilities, the use of new industrial methods and equipment, and increased use of a skilled
workforce. Mining in Zambia is a great source of employment; hence, it is also our goal to help the

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Community by employing Zambian youths. As we can also see, globally in 2022 and beyond, people are
also using gold as a hedge against inflation.

Artisanal small-scale mining is a low-tech, labour-intensive process. As such, our Phase 1 funding is
expected to go a long way with great value, as we would be using traditional and effective methods of
mining in combination with the right science and technology to provide maximum production at a low
cost. As we move forward in time, we see acquiring more technology to operate a number of small-scale
mines simultaneously while employing a greater number of Zambians.

A BRAND-NEW ZAMBIAN GOLD MINE

Verocious Mine 1 - Just getting started
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- 100 hectares ready for mining (negotiation with Chief of Lands and Licensing done)

- Potential growth acquisition of neighbouring artisanal mines

- Important infrastructure surrounding

- All within traditional lands where we have existing long-term relationships

- Rock and particulate testing done to just 2 metres, finding 3.12 grams gold per ton at this depth across
significant widths

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Copyright 2023, VEROCIOUS MINING AND MINERALS, LTD. ALL RIGHTS RESERVED. PRIVATE AND CONFIDENTIAL.
A GATEWAY OF UNTAPPED EXPLORATION POTENTIAL
We are experts in mining, deeply knowledgeable about the area, with first-person access to local
decision-makers, artisanal miners, and new mining opportunities
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Mine 1 has significant exploration potential with numerous targets supporting potential for more high-
grade mineralization at depth. Geology Department at University of Zambia who did the initial testing,
said we should expect to find 7-10 grams at 4-plus metres; we also think there is a strong likelihood to
strike a large gold vein under this as we believe we share a major vein with Kinsanshi Mine, which is in
proximity to us.

We have other targets as support future growth, in an area that has supported sustained mining since at
least 1930.

Mine location:

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Copyright 2023, VEROCIOUS MINING AND MINERALS, LTD. ALL RIGHTS RESERVED. PRIVATE AND CONFIDENTIAL.
OUTLOOK
A decade of future profitable mining deposits under our feet
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We can begin mining immediately with a small investment of 140,000 USD for year 1. We are looking for
shareholder/partners to help us fund Phase 1 in exchange for a reasonable share of ownership.

We foresee mining Mine 1 immediately and down the road using a portion of proceeds to buy up other
artisanal mines and lands in what we call the ‘Gold and Gemstones Superhighway’. We are forecasting
acquiring other artisanal properties beginning at the end of 2024 with proceeds from Mine 1.

We see not only mining gold from Mine 1 initially, but also pulling up profitable metals and stones like
copper, cobalt, zinc and quartz, as these also exist in abundance.

LEADERSHIP TEAM
Focused on excellence, fairness, community and people
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Partners

Michael Donovan
Moses Siwale
Greenwell Chilufya
Robison F. Nenesha

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Copyright 2023, VEROCIOUS MINING AND MINERALS, LTD. ALL RIGHTS RESERVED. PRIVATE AND CONFIDENTIAL.
FINANCIAL REQUIREMENTS
Phase 1, year 1 (6 months operating expenses in Zambian Kwatcha)
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Requirements Cost Timeframe

MANPOWER
20 Miners 180,000 Kwa 6 months
5 Security 150,000 Kwa 6 months
2 Drivers 60,000 Kwa 6 months
Food 60,000 6 months
subtotal 430,000 kwa 6 months
TOOLS AND EQUIPMENT
2 Utility 4x4 - Purchased
10 Tents for lodging 50,000 kwa Purchased
Mineral detector 50,000 kwa Purchased
Tools 50,000 kwa Purchased
Protective equipment 50,000 kwa Purchased
Water pump 10,000 kwa Purchased
Fuel 290,000 kwa 6 months
Food (workforce) 180,000 kwa 6 months
2 power generators 20,000 kwa Purchased
Crusher 500,000 Purchased
Bore hole 100,000 Purchased
subtotal 1,300,000 6 months

Total 1,300,000* 6 months

*this comes to about 81,000 USD or 162,000 USD in expenses for the year.

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Year 1 - Calculations assume 900 kwa per gram from Zambian Govt.
$ in USD Below
Assumes pan table mining until August, at which time we acquire a crusher + bore hole

Month Revenue MONTH Expenses MONTH Gross profit +/-

Feb 2023 0 48,229 (-48,229)
Mar 25,000 26,875 (-1,875)
April 100,000 26,875 73,125
May 200,000 26,875 173,125
June 200,000 26,875 173,125
July 200,000 26,875 173,125
Aug 200,000 26,875 173,125
Sept 400,000 68,125 305,000
Oct 400,000 26,875 373,125
Nov 400,000 26,875 373,125
Dec 400,000 26,875 373,125
Jan 2024 400,000 26,875 373,125
12 month total 2,925,000 385,104 2,539,896

Minus employee profit sharing –

300,000
Gross net year 1 :
2,239,896 before taxes

25,000 – roughly 500 grams

100,000 – roughly 2,000 grams
200,000 – roughly 4,000 grams
400,000 – roughly 8,000 grams

SHARE OWNERSHIP
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We are looking for an investor or investors willing to come on to fulfill 100,000 USD in operating
expenses for a full 10% ownership in Class A non-voting shares and profit sharing for the life of the mine,
which we see as a 10-year horizon with a value no less than 20M USD.

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Copyright 2023, VEROCIOUS MINING AND MINERALS, LTD. ALL RIGHTS RESERVED. PRIVATE AND CONFIDENTIAL.