Price of Gold

CSE: WBGD

Exploring the Heart of West Africa's Gold Belt

Waraba Gold is committed to discovering and advancing high-quality gold assets through disciplined exploration, experienced leadership, and a long-term vision for sustainable growth.

FUND RAISE & USE OF PROCEEDS

Proposed Raise

CAD $4.0M

at $0.30/share | $0.45 warrant
(2-year) 13,333,333 shares issued

Use of Proceeds

$1.4M

35%

Land Payments

$0.75M

19%

Tengrela Exploration

$1.8M

45%

Sirasso Drilling

Balance: G&A and working capital

Catalysts & Timeline

1

Tengrela field work begins

Mar 2026

Soil geochemistry (auger), mapping, trenching, IP survey

2

Sirasso drilling commences

May 2026

10,000m RC & diamond drilling program + analysis

3

Tengrela initial results

Q2 2026

Auger geochemistry & IP anomaly definition

4

Sirasso drill results

Q3 2026

First assay results from RC & diamond program

5

Resource targeting

H2 2026

Drill data integration & follow-up program design

Investment summary

Waraba Gold

Highlights

Prime Jurisdiction

Cote d’Ivoire : 30% of West Africa’s Birimian belt but only 15% of its gold production

The “Golden Neighbours”

Surrounded by world class mines : Tongon (4.9Moz), Syama (6.1Moz) and Sissingue (1.4Moz)

Proven Track Record

Chief geologist ex Randgold with 20 years Birimian experience

Project Scale

Sirasso : 369 km² with 7.7 km mineralized corridor with historical intercepts up to 39m @ 1.55 g/t Au – never drill-tested along strike
Tengrela : 399 km² between two operating mines with zero modern exploration – true greenfield opportunity

Immediate Catalysts

13,000m drill program launched for 2026 across both flagship projects

Investor Centre

Gold Price

5,172.30

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Waraba Gold Provides Corporate Updates