Announcement PDF 2025 Maiden Drill Campaign Investor Presentation July 2025 ASX:NFL norfolkmetals.com.au Disclaimer Presentation: This presentation has been prepared and issued by Norfolk Metals Limited (ASX: NFL, Norfolk or the Company) to provide general information about the Company. The information in this document is in summary form and should not be relied upon as a complete and accurate representation of any matters that a reader should consider in evaluating the Company. While management has taken every effort to ensure the accuracy of the material in this presentation, the Company and its advisers have not verified the accuracy or completeness of the material contained in this presentation. Forward-looking statements: This presentation contains forward looking information about the Company and its operations. In certain cases, forward looking information may be identified by such terms as "anticipates", "believes", “should”, "could", "estimates", “target”, “likely”, “plan”, "expects", "may", “intend”, "shall", "will", or "would". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward looking statements are subject to risk factors associated with the Company’s business, many of which are beyond the control of the Company. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially from those expressed or implied in such statements. There can be no assurance that actual outcomes will not differ materially from these statements. Not financial product advice: This presentation is not financial product nor investment advice or a recommendation to acquire securities in the Company. It has been prepared without taking into account the objectives, financial situation or needs of individuals Before making any investment decision, prospective investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs and seek legal and taxation advice No offer: This presentation and its contents are not an invitation, offer, solicitation or recommendation with respect to the purchase or sale of any securities in the Company in any jurisdiction and must not be distributed, transmitted, or viewed by any person in any jurisdiction where the distribution, transmission or viewing of this document would be unlawful under the securities or other laws of that or any other jurisdiction. This presentation is not a prospectus or any other offering document under Australian law (and will not be lodged with the Australian Securities and Investments Commission) or any other law. INVESTOR PRESENTATION Disclaimer: No representation or warranty, express or implied, is made by the Company that the material contained in this presentation will be achieved or proved correct. Except for statutory liability which cannot be excluded, each of the Company, its directors, officers, employees, advisors and agents expressly disclaims any responsibility for the accuracy, fairness, sufficiency or completeness of the material contained in this presentation and excludes all liability whatsoever (including in negligence) for any loss or damage which may be suffered by any person as a consequence of any information in this presentation or any effort or omission therefrom. The Company will not update or keep current the information contained in this presentation or to correct any inaccuracy or omission which may become apparent, or to furnish any person with any further information. Any opinions expressed in the presentation are subject to change without notice. Competent Person Statement: The information is extracted from announcements entitled ‘Norfolk to earn-into Chilean Copper Project’ created on 31 March 2025, Carmen Copper Project Maiden Drill Campaign Update created on 12th May 2025, Norfolk to proceed with Stage 1 Earn-in at Carmen Copper created 13th June 2025 and Carmen Copper Project Drilling Permit Granted created 21st July 2025 which are available to view on https://norfolkmetals.com.au/asx-announcements/. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement. Authorisation: This presentation is authorised for release by Norfolk’s board of directors. All currency amounts are in Australian dollars unless otherwise specified. Presentation cover image: View when driving into site via road from Alto del Carmen Operations Camp. 2 Copper Commodity Highlights Copper is the fundamental metal for existing energy infrastructure, future energy transitions and growing AI data centre requirements. Supply gaps are presenting; copper prices are rising. (TradingView - https://www.tradingview.com/news/te_news:471954:0-copper-firms-up-near-record-high/) Energy Transition Investment would need to average $5.6 trillion each year from 2025 to 2030, in order to get on track for global net zero by 2050, in line with the Paris Agreement INVESTOR PRESENTATION Copper Firms Up Near Record High Copper futures edged up to around US$5.73 per pound on Wednesday 23rd July 2025 (Global Investment in the Energy Transition Exceeded $2 Trillion for the First Time in 2024, https://about.bnef.com/insights/finance/global-investmentin-the-energy-transition-exceeded-2-trillion-for-the-first-time-in-2024-according-to-bloombergnef-report/) Copper Supply Gap Current copper mine project pipeline points to a 30% supply deficit by 2035 (2025 edition of the IEA’s annual Global Critical Minerals Outlook, https://www.iea.org/news/diversification-is-the-cornerstone-of-energy-security-yet-criticalminerals-are-moving-in-the-opposite-direction) 3 Chilean Copper Production and Reserves Location Mining Sentiment The country's copper reserves are estimated at around 200 million metric tons, representing nearly 23% of the world's known copper deposits. Chile's copper production has reached a significant milestone in May 2025, recording the highest monthly output of the year at 486,574 metric tons. This represents a substantial 9.4% year-on-year increase compared to May 2024. Infrastructure INVESTOR PRESENTATION Chile maintains its status as the world's largest copper producer, accounting for approximately 25% of global copper ore production. This dominant position gives the country significant influence over global supply dynamics. Workforce (Discovery Alert - https://discoveryalert.com.au/news/chilecopper-production-record-2025-global-impact/) 4 Carmen Copper Highlights June 2025 Norfolk commenced earn-in at the Carmen Copper Project with Transcendence Mining as Operators Large-scale 46.6km2 concession package located 82km from the major mining centre of Vallenar in the Huasco Province, Atacama Region in Chile. Heap Leachable The Project has significant copper oxide and copper sulphide exploration potential with over 15km of strike. In-country capability with Alex Raab appointed General Manager Exploration, bringing over 30 years exploration and resource development experience in Latin America Low Strip Carmen COPPER PROJECT INVESTOR PRESENTATION The Project hosts a historical copper oxide mineral resource reported in accordance with NI 43-101 standards of 5.6Mt at 0.6% Cu** Highly Scalable Maiden Drill Campaign to commence Q3 2025 with permitting received July 2025 from Servicio Nacional de Geología y Minería (SERNAGEOMIN, National Geology and Mining Services) Company vision to delineate a shallow copper oxide resource of sufficient magnitude to develop a low-cost, high-margin, valueaccretive heap leaching operation producing copper cathode **Historical foreign estimate (within the meaning of the ASX Listing Rules) and is not reported in accordance with the JORC Code and a Competent Person (within the meaning of the JORC Code) has not done sufficient work to classify the foreign estimates as Mineral Resources in accordance with the provisions of the JORC Code. It is uncertain that following evaluation and further exploration work that the foreign estimates will be able to be reported as Mineral Resources in accordance with the provisions of the JORC Code. Refer to Annexure A for the NI 43-101 mineral resource classification. Amenable to Low CapEx 5 Corporate Snapshot Top 20 own ~47% of shares on issue, 623 shareholders (as at 27th July 2025) Transformational earn in commenced in prime commodity and jurisdiction with favourable deal terms Tight capital structure leveraged for exploration and development success Pro Forma Capital Structure (ASX: NFL) INVESTOR PRESENTATION Capital Raise Price $0.125 Proposed Shares to be issued via Capital Raise 28,000,000 Current Shares on issue 52,040,932 Options1 24,989,808 Market capitalisation (undiluted) $10,005,117 Cash2, 3 $5,394,000 Enterprise value (EV)2, 3 $4,611,117 1. Options on issue at strike prices ranging from 20c to 30c and expiry dates ranging 29/06/2026 to 14/3/2027. Total includes 3,500,000 options to be issued to Lead Manager of raise announced on ASX 28th July 2025 subject to shareholder approval. 2. Unaudited cash as of June 30th 2025 balance of $2,104,000 plus proposed raise of $3,500,000 minus costs of the offer 3. Firm commitments for placement of $3.5m announced 28th July 6 Carmen Cu Project Old workings along dominant structural corridors trending NE 050° and NNW 340° Board of Directors Leo Pilapil Patrick Holywell Mr Phillips has over 15 years’ experience in commercial negotiations with a broad spectrum of industries including Oil and Gas, Resources, Medical technology, SaaS and Defence. Mr Pilapil has over 30 years’ experience as a Geoscientist and three years as a Financial Planner. Mr Holywell has over 20 years of experience in accounting, finance and corporate governance, including employment at Deloitte and Patersons (now Canaccord Genuity) as well as various director, company secretary, advisory and CFO roles. He is a Chartered Accountant and a Fellow of the Governance Institute of Australia with experience in resources, technology, health and financial sectors. Executive Chair Mr Phillips previously held a Non-Executive Director position at Bronson Group (ASX:BGR) and subsequently Mandrake Resources (ASX:MAN). Mr. Phillips is NonExecutive Chair of Mount Hope Mining (ASX:MHM) and Non-Executive Director of Many Peaks Minerals (ASX: MPK) His position as a Corporate Executive at Ironside Capital is focused on sourcing, structuring, funding and management requirements for small-cap companies both private and public. Non-Executive, Technical Director As a geoscientist, he has held director positions for several junior companies in Australia, Africa and Turkey, mainly responsible for technical project evaluations, project acquisitions, project management and business development. Mr Pilapil has established drilling companies in Turkey and Lao PDR servicing several major exploration and mining companies to complement the acquisition of his own personal projects. Independent, Non-Executive Director INVESTOR PRESENTATION Ben Phillips Most recent involvements include roles with De Grey Mining Limited (ASX:DEG), Si6 Metals Ltd (ASX:Si6), Redcastle Resources Ltd (ASX:RC1) and Coppermoly Ltd (ASX:COY). Mr Holywell has completed a Bachelor of Commerce at UWA, a Graduate Diploma of Chartered Accounting with the Institute of Chartered Accountants and the Company Directors Course with the Australian Institute of Company Directors. 7 Management Team – JV Operators Please refer to Annexure B - Operator Capability Matrix David Fowler Alex Raab Mr Greive is an experienced international mining executive and project development professional with over 30 years of corporate, operational and project development experience in gold, copper, iron ore and base metals. He specializes in building high performance teams and providing the leadership and strategic navigation required to develop new mining projects into successful operations. Mr Greive has worked for several multinational mining houses such as Barrick Gold, Placer Dome, Rio Tinto, North Ltd and Evolution Mining across numerous jurisdictions including Sweden, South Africa, Tanzania, Indonesia and The Philippines. In his more recent roles with Evolution Mining as General Manager of the Cowal Gold Mine (NSW) and Red 5 as Chief Operating Officer, he was instrumental in the initiation, navigation, leadership and delivery of significant expansion and greenfield development projects at Cowal and King of the Hills operations. Mr Fowler is a finance professional with over 35 years of financial & mining industry experience. As the CFO at Merdeka Copper Gold, he has been instrumental in funding the growth of the group from a single asset gold project into a multi-commodity business with an enterprise value of US$9 Billion in 2024. He has led debt & equity funding processes to raise more than US$400m in equity and US$4B in debt during this time. Mr Fowler has worked in numerous other executive roles including CEO of Orosur Mining, a South American focused gold company producing 100,000 ounces of gold per annum and Finders Resources Limited that operated the 20,000-tonne per annum Wetar copper heap leach project. Mr Raab has over 30 years exploration and project development experience in Latin America and North America. He has worked for several major & junior mining - exploration companies including: Homestake Mining, Kennecott Minerals, MIM Exploration, Farwest Mining, Chapleau Resources, Uruguay Minerals, Orosur Mining, Golden Rim Resources, Challenger Gold and others. His experience includes; epithermal Au-Ag/poly-metallic, sediment-hosted Au, shear zone hosted lode-gold, Au-Cu, and Au porphyry; IOCG deposits, magnetite, and other industrial commodities. Director – Transcendence Mining Carmen Copper JV Operators Director - Transcendence Mining Carmen Copper JV Operators Carmen Copper SPA General Manager - Exploration INVESTOR PRESENTATION Jason Greive In 2020, Alex took an Exploration Manager position with Challenger Gold (formally Challenger Exploration) managing exploration in Ecuador which resulted in two separate maiden MRE´s within 4 years on the AuCu-Ag-Mo Porphyry Deposits. 8 Carmen Copper Project ASX:NFL norfolkmetals.com.au 9 Introduction to Carmen Copper Project Mantos Blancos 82km from the historic mining town of Vallenar with a readily available workforce ▪ Located in an easily accessible, rolling plateau region between the elevations of 1950m-2150m ▪ Semi-arid with typical summer temperatures between 10-25°C and winter temperatures between 0-15°C Mantoverde Project ▪ 12km from the national electrical grid and within 180km of three industrial ports ▪ Large scale 46.6km2 concession package within the regionally extensive north-trending San Felix Fault system, host to numerous copper and gold bearing systems ▪ Historical copper-oxide resource of 5.6Mt @ 0.6% has been outlined from surface to 30m which remains open in all directions1 ▪ Strong potential for a material copper oxide resource ▪ Sulphide copper resource potential below the oxide zone ▪ Over 10,000m historical drilling by previous owners and operators 2.34bt @ 0.37% Cu 8.58mt contained Cu Candelaria Complex 622mt @ 0.47% Cu 2.1mt contained Cu INVESTOR PRESENTATION ▪ 445mt @ 0.58% Cu 2.59mt contained Cu 1. Carmen NI 43-101 MRE. The mineral resource is a historical foreign estimate (within the meaning of the ASX Listing Rules) and is not reported in accordance with the JORC Code and a Competent Person (within the meaning of the JORC Code) has not done sufficient work to classify the foreign estimates as Mineral Resources in accordance with the provisions of the JORC Code. It is uncertain that following evaluation and further exploration work that the foreign estimates will be able to be reported as Mineral Resources in accordance with the provisions of the JORC Code. Please refer to Annexure A for information relating to the mineral resources and reserves classifications for each of the Mantos Blancos Mine, Mantoverde Project and Candelaria Copper Mining Complex which have been previously reported in accordance with NI 43-101 standards. 10 Introduction to Carmen Copper Project ▪ Established Operations Camp in town of Alto del Carmen approximately 1h drive from site (25 km) ▪ Altitude and rainfall allows work to operate all year around ▪ Between Vallenar and Alto del Carmen all required services are available INVESTOR PRESENTATION ▪ Industrial water for drilling available at Operations Camp 11 Operations Camp Alto del Carmen Operations Camp INVESTOR PRESENTATION Alto del Carmen Core Shed Alto del Carmen Accommodation 12 Carmen Copper Project – Regional Geology – Over 15km of strike The Carmen Copper Project historical resource is contained within approx. 5% of the total 15km plus potential strike length of two major geological belts within the project area. The project also hosts multiple historical workings where high grade visible mineralisation has been observed. ▪ The Carmen-Tabaco Belt is over 7.5km long and hosts the historical resource within mineralisation from surface and old workings. Mineralisation is mainly hosted in calc-silicate altered and locally skarnified volcanics, sediments and daciticrhyolitic porphyritic. ▪ The Higueritas Belt is approximately 7.5km long and sub parallel to the Carmen-Tabaco Belt. Sporadic old workings are known from this area, but no drilling is available, with data limited to geophysics, and some rock chip samples. ▪ The Relincho copper-moly porphyry project (2.25Bt @ 0.37% Cu, 0.015% Mo) 1 is approximately 16km to the north-northeast of the Project. The Fortuna (El Morro) copper-gold porphyry project (1.37Bt @ 0.42% Cu, 0.38g/t Au)1 is located approximately 45km to the east of the Project. The Relincho and Fortuna projects are jointly held by Teck and Newmont as part of the Nueva Unión joint venture. 1. Please refer to Annexure A for information relating to the mineral resources and reserves classifications for the Relincho and Fortuna Projects which have been previously reported in accordance with NI 43-101 standards. INVESTOR PRESENTATION ▪ Carmen Copper Project Regional Geology and Tenement Location 13 South West view over partial 7.5km of strike from Carmen Main towards Dolores INVESTOR PRESENTATION 14 Carmen Main – Oxide Mineralisation INVESTOR PRESENTATION ▪ The Carmen Main copper oxide/enriched zone forms a blanket from the surface to around the 30-40m depth, which is potentially amenable to a low stripratio, low cost, shallow open pit mining operation ▪ The known copper oxide mineralization at Carmen Main is interpreted from drilling, old workings, surface exposures and soil anomalies to be at least 2.8 km long and 400-800m wide, with less than 20% of this drilled Carmen Copper Project – Representative Cross Section 15 Carmen Historical Drilling – Exceptional Oxide Grades from Surface Please refer to Annexure C - Carmen Cu Project Historical Drill Holes – Higher Grade Intersections Higher grade oxide intervals inside the Carmen NI 43-101 MRE include; INVESTOR PRESENTATION TAB 33: 27.5m @ 1.12% Cu (from 1.5m), incl. 11.5m @ 1.88% Cu TAB 55B: 19m @ 0.93% Cu (from 9m) TAB 77: 8m @ 2.10% Cu (from surface) TAB 82: 2m @ 7.22% Cu (from 20m) Higher grade oxide intervals outside the Carmen NI 43-101 MRE include; CMM 56: 41m @ 2.46% Cu (from surface), includes 4m @ 17.37% (Tabaco mineralisation) CMM 35: 39m @ 1.48% Cu (from surface) CMM 31: 29m @ 1.25% Cu (from surface) CMM 53: 14.9m @ 1.82% Cu (from 8.1m) Historic IPBX Drill Core re-logging carried out during the recent site visits to the Carmen Copper Project 16 Shallow Sulphide Opportunity at Carmen Please refer to Annexure C - Carmen Cu Project Historical Drill Holes – Higher Grade Intersections Higher grade sulphide intervals below the Carmen NI 43-101 MRE; INVESTOR PRESENTATION TAB 031 – Flow banded metasediment containing mainly of Cu sulphides (chalcopyrite) and minor pyrite1 TAB 83: 69m @ 1.37% Cu (from 43m), incl. 24m @ 2.15% Cu & 14m @ 1.77% Cu TAB 031: 52m @ 0.92% Cu (from 66m) TAB 01A: 28m @ 1.46% Cu (from 136m), incl. 14m @ 2.27% Cu ▪ Historical Drill intercepts were not assayed for precious metals ▪ 4 significant large geophysical targets identified at depth 1. The assay grade represented in the image are from the 2m composite half-core sample interval submitted to ALS-Chemex Coquimbo, Chile. Please refer to Annexure C - Carmen Cu Project Historical Drill Holes – Significant Intersections. 17 Maiden Drill Campaign ASX:NFL norfolkmetals.com.au Maiden Drill Campaign – Drill Collars and Objectives 2025-2026 objectives : Delineate a substantive copper oxide resource through extensions to known mineralisation within the Carmen Main Area ▪ Delineate further sulphide potential beneath Carmen Main and additional resources from regional targets INVESTOR PRESENTATION ▪ Maiden Drill Campaign focus on Carmen Main (Q3 2025): ▪ Test the outer limits of the Carmen Main oxide and sulphide mineralisation ▪ Verify the known mineralisation with twinning of historical drill holes ▪ Confirm the width and grades of possible high-grade structures and consequently determine the style and structural controls on the mineralisation ▪ Up to 50 holes (from 40 drill pads) based on 3,500m of RC and/or Diamond drilling at Carmen Main, and 1,600m of Diamond drilling on regional IP targets along the CarmenTabaco Belt (3 holes) Carmen Copper Project Potential – Proposed drill collars marked in red 19 Carmen Main - Targeting Oxide Resource Expansion INVESTOR PRESENTATION ▪ Significant potential is recognised outside of the Carmen Main area from surface soil sampling with over 2.2km of strike to the northeast and 3.5km of strike to the southwest ▪ East of the Carmen Main area, untested Cu soil anomalies with coincident Cu mineralisation mapped on the surface will be drilled as part of Maiden Drill Campaign (drill collars shown as yellow dots inside yellow boundary on image right) 20 Kriged Cu in-soil anomalies in the Carmen Main Exploration target area with historic 1962-64 and 2003-2008 drill holes and Norfolk’s proposed drill holes in yellow Targeting – Regional Resource Expansion INVESTOR PRESENTATION ▪ Outside of Carmen Main, Induced Polarization (IP) regional targets (within black outlines on image) will be explored by conducting surface sampling, mapping and drilling to delineate potential copper and/or gold mineralisation ▪ Maiden Drill Campaign planned for up to 50 holes (from 40 drill sites) ▪ 3,500m of RC and/or Diamond drilling at Carmen Main ▪ 1,600m of Diamond drilling targeting regional IP on the Carmen-Tabaco Belt (targets A, C and D on image right) and 1 target (E) in the Higueritas Belt below known copper workings and elevated geochemistry 21 Carmen Copper Project Regional Targets Heap-Leach Column Test Work to Confirm post Drilling Column 2 Column 3 Total Cu 1.29 0.33 0.95 Soluble Cu 1.22 0.28 0.82 Total Cu 1.33 0.33 0.93 Soluble Cu 1.14 0.29 0.82 kg/t 37.67 26.83 34.67 kg/kg Cu 3.9 9.89 4.62 Soluble Cu 84.69 93.24 91.63 Total Cu% 72.39 82.22 81.02 1/2 inch 1/2 inch 1/2 inch Irrigation rate {Vhr/m3) 8 8 8 Leach Time Days 28 28 28 UGT-1100% U GT-3 1 00% UGT-1 45% UGT -2 10% UGT-345% Head Grade Analysed Head Grade Calculated Acid Consumption Recovery Parameters Crush size Sample composition Historical column heap leach test work commissioned by PBX at CIMM Laboratories in Antofagasta, Chile. ▪ Historical column test work performed on 3 samples of the oxidized metasediments collected from trenches in the vicinity of 4 drillholes and varying in weight from 105 to 166kg. All samples were subjected to simple column tests using 5% dilute sulfuric acid over a 48-hour period on mineralized rock crushed to 100% passing ½” in columns 1m high and 6” wide. ▪ The metallurgical results obtained in the column tests returned Cu extractions of between 72.39 and 82.22%. ▪ Other favourable project development factors at the CCP consist of its modest altitude and ease of site accessibility using major road networks, proximity to grid power and other infrastructure. INVESTOR PRESENTATION Column 1 ▪ These Heap-Leach results will be the basis for confirmatory work conducted on oxide ore post the Maiden Drill Campaign completion. 22 Indicative Milestones / News flow Q3 2025 Drilling permit granted by authorities in Chile (SERNAGEOMIN) – see ASX release July 21st 2025 • Finalise all stakeholder engagements and contractor inductions • Appoint a Transcendence Mining director to Norfolk board • Commence Maiden Drill Campaign • Shareholder Meeting to approve Tranche 2 placement INVESTOR PRESENTATION • Q4 2025 • All assays reported from Maiden Drill Campaign • Exploration planning and subsequent drill permitting • Confirm historical metallurgical test work on copper oxides 23 Thank you Contact: Phone: +61 8 6255 8625 Email: info@norfolkmetals.com.au Web: www.norfolkmetals.com.au ASX:NFL norfolkmetals.com.au Annexure A - NI 43-101 - Mineral Resources and Reserves Carmen NI 43-101 MRE Oxide Zone Resource Classification - Copper grade (%) Contained Metal - Indicated 1,827.80 0.59 1078.40 Total Measured and 1,827.80 0.59 1078.40 Indicated Inferred 836.1 0.59 493.30 Total 2,663.90 0.59 1,571.70 Resources Note: reported at a cut-off grade of 0.2% Cu, not capped Tonnage Copper grade (kilotonnes) (%) - Total Resource (Oxide+Secondary) Contained Metal Tonnage (kilotonnes) Copper grade (%) - - Contained Metal 1,742.60 0.7 1219.82 3,570.40 0.64 2298.22 1,742.60 0.7 1219.82 3,570.40 0.64 2,298.22 1,191.90 0.49 584.03 2,028.00 0.53 1077.33 2,934.50 0.61 1803.85 5,598.40 0.60 3,375.55 INVESTOR PRESENTATION Measured Tonnage (kilotonnes) Secondary Enrichment Independent Technical Report prepared by SRK Consulting Chile S.A. (SRK) for International PBX Ventures Ltd. (IPBX) published 25 January 2027 (Carmen NI 43-101 MRE). Cautionary Statement - Carmen NI 43-101 MRE In accordance with ASX Listing Rule 5.12.9, the Company provides the following cautionary statement regarding the Carmen NI 43-101 MRE shown in Table 1: • • • the Carmen NI 43-101 MRE is a foreign estimate and is not reported in accordance with the JORC Code; a competent person has not done sufficient work to classify the foreign estimate as a mineral resources in accordance with the JORC Code; and it is uncertain that following evaluation and/or further exploration work that the foreign estimate will be able to be reported as mineral resources in accordance with the JORC Code. 25 Annexure A - NI 43-101 - Mineral Resources and Reserves INVESTOR PRESENTATION 26 Annexure A - NI 43-101 - Mineral Resources and Reserves INVESTOR PRESENTATION 27 Annexure A - NI 43-101 - Mineral Resources and Reserves INVESTOR PRESENTATION 28 Annexure A - NI 43-101 - Mineral Resources and Reserves INVESTOR PRESENTATION 29 Annexure B - Transcendence Mining - Operator Capability Matrix Carmen Copper Operators – Combined project experience matrix Project Status Nickel Producing Acid, Iron, Copper, Gold Producing Wetar Copper Heap Leach (lndo) Copper Producing Tujuh Bukit Gold Heap Leach (lndo) Gold Producing Tujuh Buikt Copper (lndo) Copper Feasibility Pani (lndo) Gold Construction King of the Hills (AUS/WA) Gold Producing Lake Cowal Gold Mine (AUS/NSW) Gold Producing North Mara (Tanz) Gold Producing Copper (Au) Producing Kanowna Belle Gold Mine (AUS/WA) Gold Producing San Gregorio (Uruguay) Gold Producing SCM Nickel Mine (lndo) Acid Iron and Metals (lndo) Palabora Copper (South Africa) Exploration Feasibility Development Financing INVESTOR PRESENTATION Commodity 30 Annexure C - Carmen Cu Project Historical Drill Holes – Significant Intersections Minimum intercept width 4m, except for over known veins Intercepts calculated using 0.2% Cu cutoff and allowing up to 4m of internal waste Coordinates based on WGS84, UTM zone 19S RL is taken from best fit to EOS surface Hole_ID Easting Dip Azim CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CARMEN CMM 1 CMM 2 CMM 3 CMM 4 CMM 4 CMM 5 CMM 6 CMM 6 CMM 7 CMM 8 CMM 9 CMM 10 CMM 11 CMM 11 CMM 12 CMM 12 CMM 13 CMM 14 CMM 15B CMM 16B CMM 16B CMM 17 CMM 18 CMM 19 CMM 20 CMM 21 CMM 22B CMM 23 CMM 24 CMM 24 CMM 25 CMM 25 CMM 26 CMM 27 CMM 27 CMM 29 CMM 30 CMM 31 CMM 31 CMM 34 CMM 35 CMM 36 CMM 36 CMM 37 CMM 38 CMM 39 CMM 39 CMM 40 363356 363379 363301 363371 Northing RL_Terrain 6826850 6826875 6826890 6826805 2020 2018 2031 2029 -90 -90 -45 -90 0 0 315 0 Total Depth (m) From (m) 35 46 26 36 363416 363496 6826800 6826855 2031 2007 -90 -90 0 0 42 76 363511 363546 363576 363616 363601 6826880 6826880 6826940 6826925 6826895 2004 2004 2003 1996 2003 -60 -60 -55 -60 -60 45 50 75 170 160 43 24.5 23.1 14 31 363561 6826855 2012 -60 155 29