Caprice Resources (CRS) Investor presentation summary

Project portfolio and exploration highlights

• Three high-impact gold projects in the Murchison region: Island Gold (100%), Comet Gold (75%), and Cuddingwarra (80%).

• Island Gold Project features the Vadrians discovery with a new high-grade zone: 22m at 66 g/t Au from 42m.

• Comet Gold Project spans 40km of greenstone belt with multiple walk-up gold targets and historical intercepts.

• Cuddingwarra shows strong early-stage results and is adjacent to established mines.

• All projects are located in a prolific gold mining district with established infrastructure and processing hubs.

Recent exploration results and drilling

• Vadrians system at Island Gold remains open along strike and depth, with multiple high-grade intercepts including 22m at 66.2 g/t Au.

• Multiple shallow targets and analogues identified over a 5km corridor at Island Gold, with 15 independent targets defined.

• Air core drilling at Detector Gully outlined early-stage gold targets north and south of Vadrians.

• Outstanding shallow intercepts and new super high-grade parallel lode intercepted at Vadrians.

• Ongoing and planned RC and diamond drilling to test new zones and follow up on anomalies.

Corporate overview and financials

• Share price as of 6 May 2026: A$0.125; market capitalisation (undiluted): A$107.7M.

• Cash position at end of March 2026: A$13.8M; enterprise value: A$93.9M.

• Top 20 shareholders (excluding board/management) hold 37% of shares; board and management hold 7%.

• Chobe Project investment and West Arunta divestment to further strengthen financial position.