Havilah Resources (HAV) investor relations material

Strategic objectives and partnerships

• Focus on maximizing shareholder returns through investment partnerships, equity sell-downs, and funding arrangements for advanced projects.

• Entered a binding agreement with Sandfire Resources for the advancement of the Kalkaroo copper-gold project, including a two-stage transaction and exploration alliance.

• Sandfire to fund and manage a new PFS for Kalkaroo, with potential to acquire 80% of the project and provide significant upfront and staged payments.

• Sandfire commits A$30M to regional exploration, with potential to earn 80% in new discoveries, while Havilah retains 20% free-carried interest.

• Shareholder approval for the proposed transaction to be sought at a general meeting in January 2026.

Exploration and project development highlights

• Significant exploration success in the Curnamona Province, including new copper, gold, cobalt, uranium, beryllium, tungsten, and rare earth element discoveries.

• Mutooroo project enhanced by a 7,511m drilling program funded by JX Advanced Metals, extending mineralisation and confirming resource potential.

• Johnson Dam uranium prospect yielded best result to date: 7m @ 2,169 ppm U3O8, with associated copper, cobalt, and REE.

• Croziers prospect drilling intersected significant tungsten, beryllium, gold, and copper mineralisation over a 1.5 km strike.

• Mingary Mine prospect returned best drilling result of 49m @ 0.69 g/t Au and 0.33% Cu, with mineralisation open along strike and down dip.

Resource and reserve base

• Kalkaroo: 100.1 Mt at 0.47% Cu and 0.44 g/t Au (JORC 2012), with 474 Kt copper and 1.41 Moz gold in reserves.

• Mutooroo: 13.1 Mt at 1.53% Cu, 0.16% Co, and 0.20 g/t Au, with 195 Kt copper, 20.2 Kt cobalt, and 82.1 Koz gold.

• Iron ore resources include Maldorky (147 Mt at 30.1% Fe) and Grants (304 Mt at 24% Fe).

• Total portfolio: 1.3 Mt copper, 3.2 Moz gold, and 451 Mt iron ore across five projects.