Full Company Profile and compensation:
Leviathan Metals Inc.
Big Discoveries. Safe Jurisdictions. World-Class Belts.
This little-known company is positioning itself at the intersection of copper, uranium, silver, lead, and zinc as the global metals cycle turns.
As global electrification accelerates, energy security remains front and center, and governments continue to prioritize supply chains located in politically stable jurisdictions, the spotlight is once again swinging toward the companies positioned early, strategically, and geologically right.
In 2026, copper, uranium, silver, zinc, and lead are all finding renewed relevance. Copper sits at the heart of electrification and infrastructure, while uranium benefits from a global nuclear renaissance. Silver, lead, and zinc are increasingly recognized not only as industrial metals but also as strategic materials essential to energy storage and infrastructure durability.
In every metals rally, the biggest value creation rarely comes from the majors — it comes from the explorers who control the right ground in the right belts before the discoveries are made.
That is Where Leviathan Metals Enters the Conversation
Exposure to Multiple Strategic Metals – Copper, uranium, silver, lead, and zinc!
Control of Tier-1 Geological Settings – Kalahari Copper Belt (KCB) and Central Dinarides!
Immediate Proximity to Billion-Dollar Deposits – Khoemacau, Vareš, Trepča!
Large, Underexplored Land Packages – Acquired early, difficult to replicate today!
Funded and Permitted Exploration – Drilling-ready in multiple jurisdictions!
High-Grade, Near-Surface Results – Foča trenching confirms scale and grade!
Safe, Mining-Friendly Jurisdictions – Botswana and Bosnia and Herzegovina!
Multiple Catalysts in 2026 – Airborne surveys, maiden drilling, and follow-up programs!
Aligned With U.S. Strategic Policy Shifts – Trump's push to secure copper supply outside of China puts a premium on discovery-stage projects in stable, non-Chinese jurisdictions!
President Trump has framed copper not as just another industrial metal, but as a strategic weapon in the economic and geopolitical battle for control of the future.
Trump has repeatedly emphasized the strategic importance of copper as a critical material for U.S. infrastructure, defense, and energy independence, framing domestic and allied copper supply as a national security issue rather than just an industrial one.
His push has been loud, blunt, and unapologetic: the United States cannot afford to remain dependent on China for a metal that underpins power grids, military systems, electric vehicles, data centers, and national infrastructure.
Trump's message is clear — copper supply is national security. The strategy centers on breaking China's grip by accelerating domestic production, cutting red tape, and aggressively aligning with trusted, resource-rich allies that can deliver long-term copper supply outside Beijing's influence. In this framework, copper becomes a frontline asset in reshoring American industrial strength, hardening supply chains, and reclaiming control over the materials that will define the next economic era.
Leviathan Metals (OTCQB: LVXFF) (TSX-V: LVX) ties directly into this push and is doing exactly what the U.S. and its allies want more of: Securing large-scale copper optionality outside of China's control, in stable, mining-friendly jurisdictions, before the rest of the market fully wakes up!
Leviathan's flagship copper exposure sits on the Kalahari Copper Belt in Botswana, one of the most prospective copper discovery regions in the world and firmly outside China's domestic supply chain. This matters.
As the U.S. and Western governments push to de-risk critical minerals, copper sourced from politically stable, transparent jurisdictionsbecomes exponentially more valuable than copper tied to Chinese influence or processing bottlenecks.
LVXFF isn't just a copper exploration story — it's a front-end option on Western copper security, positioned ahead of discovery in a belt that has already proven it can produce billion-dollar outcomes.
COMPANY OVERVIEW
Leviathan Metals Corp. (OTCQB: LVXFF) (TSX-V: LVX) a Canadian-based mineral exploration company focused on large-scale, high-impact discoveries in underexplored, world-class metallogenic belts, operating exclusively in jurisdictions that support responsible mining and exploration.
Through a series of transformative acquisitions completed in 2025, Leviathan assembled a diversified portfolio spanning copper, uranium, silver, lead, and zinc across globally significant belts.
Portfolio Highlights
The Kalahari Copper Belt (KCB) in Botswana
A substantial uranium land package adjacent to a major uranium resource
The Central Dinaride zone of Bosnia and Herzegovina, host to significant silver-base metal systems
With a solid balance sheet, permits in hand, and funded exploration programs,Leviathan entered 2026 not as a speculative concept, but as an explorer actively advancing toward drilling and potential discovery.
NEXT TO A MULTI-BILLION DOLLAR PLAYER
Leviathan's Central Project lies immediately south of MMG's multi-billion-dollar Khoemacau copper complex, within the same geological architecture that hosts world-class deposits.
Critically, this ground has never been drill tested.
From a strategic standpoint, LVXFF represents early-stage leverage to the exact type of copper discovery policymakers are incentivizing:long-life, sediment-hosted systems capable of supporting large-scale production.
As permitting accelerates, capital flows toward friendly supply chains, and governments prioritize secure copper sources, companies like Leviathan sit directly in the path of this structural shift.
LVXFF is not just a copper exploration story — it is a front-end option on Western copper security, positioned ahead of discovery in a belt that has already proven its ability to generate billion-dollar outcomes.
WHY PAY ATTENTION TO LVXFF NOW?
The right rocks in the right location — prime Kalahari Copper Belt real estate
Directly bordering Tier-1 copper mines on identical geological structures
Fully licensed and permitted for drilling
100% project ownership
Large strategic land holding including extensive uranium exposure
TIER-1 COPPER EXPLORATION IN BOTSWANA
Tier 1 Copper Exploration in Botswana: targeting the highly prospective Kalahari Copper Belt (KCB).
Leviathan is exploring its highly strategic 100%-owned Central Project – which directly adjoins MMG's Khoemacau group of deposits, (Measured and Indicated Mineral Resources of 94Mt @1.8% Cu and 22 g/t Ag and Inferred Mineral Resources of 188Mt @1.6% Cu and 20 g/t Ag1).
Together with the nearby Banana Zone (Measured and Indicated Mineral Resources of 33Mt @1.4% Cu and 21 g/t Ag and Inferred Mineral Resources of 120Mt @0.8% Cu and 10 g/t Ag) this portfolio was acquired by MMG Ltd in 2023 for US$1.875 billion2. Production from Khoemacau began in 2021 at a nameplate rate of 60,000 tonnes per annum3.
The Central Project displays geological characteristics remarkably similar to Khoemacau, significantly increasing its potential for a Tier-1 copper discovery.
All known deposits within the Kalahari Copper Belt occur at or near a well-defined stratigraphic contact between the D'Kar and Ngwako Pan formations. Leviathan's Central Project contains approximately 24 kilometers of this critical contact.
Importantly, MMG's deposits occur on the flanks of large anticlinal folds, or domes. A comparable structure — the Hyena Hills dome — has been identified within Leviathan's ground through modern geological interpretation and high-resolution ground magnetic surveys.
This dome has never been drill tested.
WHY BOTSWANA?
Botswana is widely regarded as one of the most stable, transparent, and mining-friendly jurisdictions in the world. The country combines political stability, strong rule of law, and a long-standing commitment to responsible resource development.
For copper explorers, Botswana offers a rare combination of underexplored geology and a regulatory environment that supports efficient permitting, exploration, and development.
Key Advantages of Operating in Botswana
Political Stability
Botswana is one of Africa's most politically stable countries, offering a secure environment for long-term investment. Its transparent governance supports predictable mining regulations. No1. In sub-Saharan Africa in terms of Mining Attractiveness according to the Fraser Institute.
Investor-Friendly Policies
With a strong legal framework and a supportive mining code, Botswana encourages foreign investment. The government actively promotes responsible resource development.
Rich Copper Resources
The Kalahari Copper Belt is one of the most prospective areas globally for new sedimentary copper discoveries, offering great opportunity for high-grade copper exploration and development. This is reflected by the presence of major mining companies on the belt, including Sandfire Resources, BHP and MMG and the ramping up of copper and silver production.
Ready Infrastructure
First world electricity, water road and communications infrastructure – set up to support mining.
Skilled Workforce
Botswana boasts an advanced and well-educated population providing ready expertise to the mining sector. Mining is a pivotal economic driver, contributing >20% of GDP. Per capita GDP of USD 16,300.
WHY THE KALAHARI COPPER BELT MATTERS
The Kalahari Copper Belt is regarded by the USGS as one of the most prospective regions globally for undiscovered sediment-hosted copper deposits.
Over the last decade, this belt has delivered some of the most significant copper discoveries and transactions in the world:
MMG's Khoemacau Project, acquired in 2023 for US$1.9 billion, hosts combined resources measured in the hundreds of millions of tonnes of copper-silver mineralization.
Sandfire's Motheo Hub, acquired in 2019 for A$167 million, further validates the belt's scale and economic viability.
Despite these headline transactions, much of the KCB remains underexplored, particularly away from historically drilled areas.
The Kalahari Copper Belt – A New Frontier for Tier-1 Copper Discoveries
Leviathan's Central Project: Next Door to World-Class!
Leviathan's defining move in 2025 was the acquisition of Cura Exploration Botswana Corp., securing 100% ownership of a premier land position on the Kalahari Copper Belt.
The flagship Central Project sits immediately south of MMG's world-class Khoemacau cluster, in a directly comparable geological setting.
What makes Central especially compelling is geology:
All known copper deposits on the KCB occur at the DKF-NPF contact
The largest deposits occur where this contact is folded into structural domes
Central hosts the next such dome south of Khoemacau
Critically, this dome has never been drill tested
Advancements in modern geophysics have only recently made it possible to confidently identify these high-order targets. Leviathan plans an airborne geophysical survey, after which maiden drilling is expected. Importantly, the company is funded and fully permitted for this work.
This combination — proximity to a billion-dollar deposit, identical geological architecture, untested targets, and modern data — gives LVXFF a genuine shot at a Tier-1 copper discovery!
URANIUM UPSIDE – A QUIET BUT POWERFUL SECOND LEVER
Alongside copper, the Cura acquisition also delivered an expansive Botswana uranium portfolio totaling approximately 4,000 km², with certain renewals pending.
The standout uranium asset is the Serule Uranium Project, which:
Lies adjacent to Lotus Resources' Letlhakane Uranium Project
Letlhakane hosts 113.7 million pounds U₃O₈
Lotus acquired the project through a AUD 64 million merger in 2023
Previous drilling at Serule identified a 4-kilometer-wide mineralized tabular sandstone unit, placing Leviathan directly in the geological footprint of a known uranium system. In a world where uranium supply security is increasingly strategic, this portfolio provides LVXFF class="text-1">LVXFF with non-dilutive optionality and exposure to a commodity experiencing renewed structural demand.
BOSNIA AND HERZEGOVINA – UNLOCKING A FORGOTTEN SILVER-BASE METAL DISTRICT
The Foča Project: Scale, Grade, and History
Leviathan's acquisition of Foča Metals Corp. delivered 100% ownership of the Foča Project, a land package exceeding 100 square kilometerswithin the Central Dinaride metallogenic zone of the Western Tethyan Belt.
This belt is no stranger to major deposits:
Dundee Precious Metals' Vareš Project lies to the northwest
The Trepča Mines complex in Kosovo lies to the south, with historic production of 60.5 Mt at 8% Pb+Zn and over 4,500 tonnes of silver
Despite this pedigree, Foča itself has seen almost no modern systematic exploration!
This backdrop becomes dramatically more important in a market where silver has surged to record levels above $120 per ounce in 2026, fundamentally changing the economics of silver-dominant and silver-rich polymetallic systems.
At these price levels, mineralized districts once considered marginal or overlooked suddenly move to the center of investor and strategic attention. Width, continuity, and scale — not just headline grade — become decisive, and districts capable of hosting large, long-life silver-base metal deposits command a premium that did not exist in prior cycles.
Foča stands out precisely because it combines scale, grade, and geological pedigree with near-total modern exploration neglect. Unlike saturated districts that have been drilled relentlessly for decades, Foča represents a rare opportunity to apply modern geophysics, geochemistry, and structural interpretation to a belt that has already proven — through Vareš and Trepča — that it can host globally significant silver-lead-zinc systems.
In a $120+ silver environment, the presence of silver as a meaningful by-product or co-product materially enhances project economics, lowers effective cut-off grades, and accelerates potential development timelines.
Leviathan's recent trenching success at the Vrela-Kremin trend underscores why this matters now.
High-grade, near-surface zinc-lead mineralization occurring over tens of meters in width, within a 2.6-kilometer-long structural corridor, strongly suggests a system with the scale required to benefit disproportionately from elevated silver prices.
Historic drilling in the district did not even assay for silver, meaning prior work almost certainly understated the true metal value of the system. In today's market, that oversight transforms into opportunity.
Just as importantly, Bosnia and Herzegovina offers a low-cost, mining-literate operating environment at a time when capital discipline is critical. As silver prices rise, investors increasingly favor jurisdictions where discoveries can be advanced efficiently, permitting is achievable, and operating costs remain competitive. The combination of favorable geology, supportive regulation, and centuries-long mining history positions Foča as exactly the kind of district that can be rapidly re-rated once drilling begins.
In short, silver at $120 is not just a price milestone — it is a re-pricing event for forgotten districts. Foča is no longer simply an exploration story; it is emerging as a strategic silver-base metal opportunity at precisely the moment when the market is once again rewarding scale, grade, and jurisdictional safety.
For LVXFF this timing amplifies the significance of its Bosnian assets and elevates Foča from overlooked ground to a potentially cornerstone asset within a resurging global metals cycle.
A MINING FRIENDLY JURISDICTION
Bosnia and Herzegovina, particularly the sub-entity of Republika Srpska, offers:
Low-cost exploration and operations
A supportive regulatory environment
Updated mining laws implemented in 2024
A centuries-long mining history
Leviathan positions itself as an early mover in what remains an "open for discovery" belt, with significant upside relative to the capital invested.
HIGH-GRADE RESULTS AT VRELA-KREMIN
Leviathan's 2025 trenching program at the Vrela-Kremin trenddelivered compelling results:
The mineralization is:
14 meters at 7.78% ZnEq
12 meters at 8.92% ZnEq
Broad intervals exceeding 25 meters at strong grades
Mineralization continuous over 2.6 km strike length
These results sit directly within a zone of historic Yugoslav-era drilling that reported 15 meters averaging 13.25% Pb+Zn, without even assaying for silver or copper.
Near surface
Structurally controlled
Hosted in tectonized carbonates
Interpreted under a SEDEX-style model, later remobilized by faulting
This work sets the stage for drilling at Foča during the 2026 exploration season, with permits already in place.
STRATEGIC FOCUS AND PORTFOLIO DISCIPLINE:
In addition to advancing its core assets, Leviathan has indicated that discussions are advancing regarding the staged disposal of its Australian assets, potentially unlocking capital and sharpening focus on its highest-impact projects.
This disciplined approach reflects a strategy centered on value creation through discovery, not asset accumulation for its own sake.
EXPERIENCED BOARD AND PROVEN MANAGEMENT
Luke Norman CEO, Director
Luke Norman is a seasoned growth executive with 20 years of experience in the venture capital markets. He has raised in excess of $300M for both public and private companies predominantly in the resource sector. In recent years, Mr. Norman has operated a consultancy company to the metals and mining industry. He also co-founded Gold Standard Ventures Corp., a TSX–V and NYSE Market listed gold exploration company and US Gold Corp., listed on the Nasdaq exchange. He is the Chairman of Silver One Resources, a silver pre-development and exploration company listed on the TSX-V. Mr. Norman brings expertise in mineral exploration, finance, corporate governance, M&A and corporate leadership to his role as President & CEO.
Jeremy Crozier Chief Operating Officer
Jeremy Crozier holds B.Sc. and M.Sc. degrees in geology, and has 30 years of exploration, discovery, and mineral project evaluation experience gained in North America, Africa and Europe. Mr. Crozier's previous roles include those of Exploration Manager for TSX-listed Taseko Mines Limited, where he led the discovery and definition of the 400 million tonne Aley Niobium deposit in British Columbia; President and CEO, Volcanic Gold Mines, Inc., President and CEO of Medgold Resources Corp. and Vice President-Project Services at Hunter Dickinson, Inc. Mr. Crozier has also served extensively as an independent mineral exploration and business development consultant in Europe and Africa on behalf of a variety of private and corporate clients.
Krisztian Toth Director
Krisztian Toth is an experienced mining, capital markets and M&A lawyer. His experience in mining finance and M&A stretches across all jurisdictions and minerals. Krisztian has been recognized by a number of legal publications as a leading lawyer in mining, capital markets, private equity and M&A. Krisztian is a partner at the law firm of Fasken Martineau, a leading international business law and litigation firm with more than 750 lawyers across 10 offices in Canada, South Africa, the United Kingdom and China providing expertise in more than 40 practice areas and industry groups. Krisztian is a member of Fasken's Global Mining Group, which has been ranked #1 globally 12 times since 2005, including for the past six years in a row.
Jonathan Richards CFO, Director
Mr. Richards brings a decade of resource-focused accounting and finance experience. He has accumulated extensive experience with Toronto Stock Exchange and venture-listed companies throughout the world, including Australia. His professional experience has included officer and director positions on the TSX and TSXV; experience in various debt and equity financings; implementation of ERP systems to manage mining operations; managing domestic and international tax planning strategies; and implementation of corporate governance and internal control policies. Mr. Richards is a member of the Chartered Professional Accountants of British Columbia as well as Chartered Accountants of Australia and New Zealand.
THE BOTTOM LINE
Leviathan Metals (OTCQB: LVXFF) (TSX-V: LVX) is not chasing marginal ounces in crowded districts. It is assembling and advancing large-scale opportunities in globally significant belts as metals re-enter a structural bull phase.
LVXFF offers early-stage exposure to multiple strategic metals at a time when copper, silver, and uranium are being re-rated for geopolitical, industrial, and monetary reasons.
Copper is being elevated as a national security asset, with governments prioritizing supply chains outside of China.
Silver has surged to record levels above $120 per ounce, fundamentally altering the economics of silver-rich polymetallic systems.
Leviathan sits at the intersection of all three themes, with assets positioned in world-class belts that have already demonstrated their ability to generate billion-dollar outcomes.
What makes this particularly compelling is that Leviathan is not chasing theory — it controls real ground, in the right places, with permits in hand and funded programs ready to move!
The Kalahari Copper Belt offers genuine Tier-1 copper discovery potential, immediately adjacent to MMG's Khoemacau complex.
In Bosnia and Herzegovina, Foča delivers scale, grade, and near-surface mineralization in a silver-base metal district that has been almost completely ignored by modern exploration.
As capital rotates toward secure jurisdictions and high-impact discoveries, LVXFF represents the kind of asymmetric setup that tends to outperform during metals bull markets.
Copper leverage in a de-China push – Kalahari Copper Belt exposure in a geopolitically favored jurisdiction
Silver torque in a breakout market – High-grade, wide, near-surface polymetallic mineralization as silver trades above $120
Multiple shots on goal – Copper, uranium, silver, lead, and zinc across separate, high-quality districts
Proximity to world-class discoveries – Next door to Khoemacau, Vareš, and Trepča
Funded, permitted, and active – Not a concept story, but a company moving toward drilling and discovery
Undervalued optionality – Assets acquired early in belts that are difficult, if not impossible, to replicate today
