Empire Metals (EEE) Corporate presentation summary

Project overview and vision

• Focused on developing Pitfield, a giant-scale titanium project in Western Australia, targeting a fully integrated mining, processing, and refining operation for high-value TiO2 pigments and titanium metal.

• Pitfield is a sedimentary-hosted, soft-rock deposit with a 40km by 8km by 5km deep mineral system and a weathered cap rich in rutile and anatase, suitable for low-cost mining.

• Titanium is classified as a critical mineral in major economies, with demand expected to grow and few substitutes due to its unique properties.

Resource scale and exploration

• JORC Exploration Target for Thomas and Cosgrove prospects estimated at 26.4–32.2 billion tonnes grading 4.5–5.5% TiO2; weathered zone alone holds 4.0–4.9 billion tonnes at 4.8–5.9% TiO2.

• Drilling confirms high-grade, widespread titanium mineralization with excellent continuity and consistency.

• Less than 20% of the mineralized area has been included in the current Exploration Target, leaving significant upside potential.

Processing and product strategy

• Targeting high-value, non-refractory titanium minerals (rutile, anatase, titanite) that dissolve readily under low-temperature acid leach, avoiding energy-intensive smelting.

• Aims to produce pigment-quality TiO2 (>95% TiO2) for direct sale to end users and potentially refine further to titanium metal.

• Pitfield’s feedstock offers lower contaminants, reduced reagent and energy costs, and a lower carbon footprint compared to traditional ilmenite sources.