Saturn Metals (STN) investor relations material

Executive summary

• Focused on progressing the Apollo Hill Gold Project towards large-scale, long-life gold mining operations, with a published Pre-Feasibility Study (PFS) and maiden Ore Reserve.

• Emphasis on mine development studies, gold exploration, and advancing permitting and environmental studies for Apollo Hill.

• Significant capital raised through a $45 million share placement to institutional and sophisticated investors, strengthening the balance sheet for ongoing project development.

Financial highlights

• Net loss after tax for the half-year ended 31 December 2025 was $2,786,193, compared to $2,399,736 for the same period in 2024.

• Cash balance increased to $58,625,131 as at 31 December 2025, up from $27,178,806 at 30 June 2025, primarily due to the share placement.

• Total assets rose to $128,077,989 from $86,505,801 at 30 June 2025.

• Net cash outflows from operating and investing activities totaled $10,909,012 for the half-year.

• Basic and diluted loss per share remained at $(0.01) year-over-year.

Outlook and guidance

• Ongoing resource development and in-fill drilling at Apollo Hill, with further drilling planned into 2026.

• Definitive Feasibility Study (DFS) contracts to be awarded in early 2026, with continued focus on permitting and environmental approvals.

• Projected strong financial returns from Apollo Hill, with rapid payback and robust free cash flow anticipated upon commencement of production.