Maronan Metals (MMA) Noosa Mining Investor Conference summary

Project overview and resource highlights

• Holds large resources: 33.1 Mt @ 6.0% Pb, 108 g/t Ag; 32.0 Mt @ 0.85% Cu, 0.63 g/t Au, totaling 122 Moz Ag, 2.0 Mt Pb, 271kt Cu, and 0.76 Moz Au.

• Starter Zone contains 12.2 Mt @ 5.0% Pb, 112 g/t Ag, with over 98% conversion from Inferred to Indicated, about one-third of the global silver-lead resource.

• Gold-only resource includes 1.8 Mt @ 1.24 g/t Au (Inferred, fresh material).

• Mineralisation extends over 1 km strike and at least 1,200 m depth, remaining open at depth.

• Located in the North West Minerals Province, a globally significant lead-zinc-silver district.

Strategic location and infrastructure

• Project is 65 km south of Cloncurry, less than 5 km from a sealed highway, and 40 km to rail.

• Surrounded by established and expanding processing facilities for silver-lead-zinc and copper-gold within 15–120 km.

• Regional infrastructure supports efficient transport and processing.

Management, capital structure, and shareholders

• Led by an experienced team with a track record in developing and operating high-performing assets.

• 201,252,826 shares on issue, market cap of $47.3M (as of 18 July 2025), and $4.05M cash at 31 March 2025.

• Major shareholders include Red Metal Limited (43.97%) and Perth Capital Pty Ltd (8.61%).