The Central Project: Strategic Copper Exploration in Botswana's Kalahari Copper Belt

Acquired in November 2025 through our transformative amalgamation with Cura Exploration Botswana Corp., Leviathan’s tenure spans over 2000 square kilometers of highly prospective ground on the KCB. The KCB is a globally significant province for Sediment-Hosted Stratiform Copper mining and exploration, such deposits falling second only to porphyry deposits as global sources of copper.

Our 100%-owned Central Project is the cornerstone of Leviathan's growth trajectory, encompassing a commanding land package in the heart of the Belt. Setting it apart in terms of potential is its proximity to MMG Limited's Khoemacau Zone 5 operations, which are centred on a ‘copper-silver corridor’ that hosts combined Measured and Indicated Resources of 94 Mt at 1.8% Cu and 22 g/t Ag, plus Inferred Resources of 188 Mt at 1.6% Cu and 20 g/t Ag. Acquired by MMG for US$1.9 billion in 2023, Khoemacau exemplifies the district's scale and opportunity, producing in excess of 40,000 tonnes of copper concentrate annually - with plans to ramp up to over 130,000 tonnes, making it potentially one of the lowest cost producers globally.

The Central Project directly adjoins MMG’s landholding, and falls within what is thought to be the southern extension of MMG’s ‘copper-silver corridor’. The Project hosts around 24 kilometers of the so-called DKF-NPF stratigraphic contact – to which all known copper deposits on the KCB are proximal. Most importantly, Central covers part of a major ‘domal’ feature which is believed to have created numerous structural and lithological traps within this contact considered favorable for mineralization. Each of the domes to the north of Central host copper deposits or discoveries.

We believe that this outstanding geological setting, coupled with access to established infrastructure and skilled local talent, serves to de-risk our business model while exposing us to the same geological sweet spot that has driven billions in value creation. Botswana itself is a beacon of mining excellence, renowned for its political stability, transparent regulatory framework, and business-friendly policies.

As Africa's leading diamond producer, the Botswana has cultivated a mature mining sector that contributes over 20% to GDP, supported by an advanced workforce and a per capita GDP of US$16,300. This sound jurisdiction fosters innovation and investment, making it an ideal launchpad for Leviathan's copper ambitions. With technical teams already mobilizing for advanced geophysical surveys and preparing for drilling, we believe we are ideally positioned to make the next discovery on the KCB.

In addition to Central, the Company will advance two other projects on the KCB; the Ngami NE Project (at which a further 12-14 kilometers of DKF-NPF contact has been interpreted) and the Maun Project (approximately 100 kilometers northeast along strike from MMG's operations. Together, these assets position Leviathan as a dominant entrant in one of the worlds most exciting copper frontiers.

The Foča Project: Pioneering Discovery in Bosnia and Herzegovina

In a bold move to diversify our polymetallic exposure, Leviathan acquired 100% of the Foča Project in November 2024 through a share exchange with Foca Metals Corp., securing a 100.7 square kilometer land package across three exploration licenses in Republika Srpska, an entity of Bosnia and Herzegovina. This acquisition marks us as first movers in a greatly underexplored segment of the Western Tethyan Belt's Central Dinaride zone—a prolific metallogenic corridor sandwiched between Adriatic Metals' high-grade Vareš (Rupice) project to the north and the historic Trepča Mines complex in Kosovo to the south. Vareš alone hosts Indicated Resources of 18.3 Mt at 168 g/t Ag, 1.3 g/t Au, 4.6% Zn, 2.9% Pb, and 0.4% Cu, underscoring the district's potential for SEDEX-style silver-lead-zinc-barite deposits in comparable host rocks. Yet, despite this proven endowment, the Foča area has seen minimal modern exploration, with Yugoslav-era drilling at the Vrela Prospect hinting at potentially significant untapped mineral endowment: historic intercepts averaging 15 meters at 13.25% Pb+Zn, plus high-grade rock chips and continuous soil anomalism extending over 2 kilometers. Our initial programs, launched in the spring of 2025, are exposing near-surface targets along key fault structures, with induced polarization geophysics planned to vector toward drill-ready anomalies at Vrela and beyond. Bosnia and Herzegovina offers a compelling exploration landscape: low-cost operations, a supportive government in Republika Srpska, and a legacy of mining that dates back centuries. Our team's intimate knowledge of Balkan mineral systems ensures seamless advancement, from permitting to community engagement. As pioneers in this "open for discovery" belt, Foča positions Leviathan to uncover a significant silver-base metal deposit, capitalizing on rising global demand for critical metals.

Our Vision Forward

Leviathan Metals is more than an exploration company—we are builders of the next generation of ethical, high-margin mines. By leveraging strategic positioning in Botswana's stable powerhouse and Bosnia's frontier opportunity, we are driving value through disciplined science, local collaboration, and bold execution. Join us as we transform these world-class assets into enduring legacies of discovery.