Ballard Mining (BM1) Investor presentation summary

Investment highlights

• 26km of highly prospective, underexplored shear zones with a 130,000m drill program underway to drive news flow post-IPO.

• Well funded with $30 million raised, targeting growth through drilling and development.

• JORC Mineral Resource Estimate (MRE) of 1.1Moz at 3.3g/t Au, mostly on granted mining leases and fully permitted for mining.

• Application in progress for a 1.5Mtpa process plant and tailings storage facility; orebody is free-milling and suitable for conventional CIL processing.

Board and management

• Board includes experienced mining professionals with backgrounds in major gold discoveries, corporate takeovers, and operational leadership.

• Key members have led significant resource growth and managed large-scale mining projects.

• Financial and corporate expertise from directors with experience in ASX-listed resource companies.

Capital structure and funding

• 340 million shares on issue, market capitalization of $139 million, and $26 million cash at listing.

• Major shareholders include Delta (46%), Hancock Prospecting (6.2%), and MinRes (5.6%).

• Enterprise value of $113 million and EV/resource ounce of $103/oz.