Midas Minerals (MM1) Investor presentation summary

Corporate overview

• Market capitalization is $55M with 167.7M shares on issue and no debt as of July 2025.

• Board and management collectively hold 8.3% of shares, with additional significant holdings by key individuals.

• Leadership team has extensive experience in exploration, production, and corporate management across Africa and Australia.

• Technical team includes geologists and consultants with Namibian expertise, with plans to expand as drilling increases.

Project portfolio and exploration highlights

• Otavi Copper-Gold-Silver Project in Namibia covers 1,776km², with less than 40% explored and multiple high-grade drill intercepts.

• Historic intercepts include 17m at 7.24% Cu & 144.4g/t Ag, and 20m at 4.16% Cu & 13.5g/t Ag.

• South Otavi Project (195km²) offers an option to acquire 80%, with confirmed copper over 2km² and gold anomalies.

• Australian projects include Newington (lithium-gold) and Challa (gold, nickel, copper, PGE) with significant drill targets.

• Canadian projects in Ontario and Northwest Territories focus on lithium, with discoveries of spodumene-bearing pegmatites.

Namibia jurisdiction and infrastructure

• Namibia ranks 4th in Africa for mining investment attractiveness, offering stable democracy, transparent land title, and favorable fiscal terms.

• Project area benefits from proximity to highways, rail, power, water, workforce, and the Tsumeb smelter.

• Multiple major mining companies operate in Namibia, highlighting the region's mining pedigree.