Minerals 260 (MI6) Investor Presentation summary

Project overview and strategy

• Bullabulling Gold Project acquired in April 2025 for AUD $166.5M, with a 2.3Moz open pittable resource supported by over 12,300 drill holes.

• Located 65km from Kalgoorlie, Western Australia, in a top-tier mining jurisdiction with strong infrastructure and proximity to skilled labor.

• Over 90,000m of a planned 110,000m drilling program completed, targeting resource growth and infill, with updated Mineral Resource Estimate (MRE) due December 2025.

• Targeting first gold production in late 2028, with PFS and maiden Ore Reserve expected mid-2026 and final investment decision in early 2027.

• Project is well funded, with $54M cash and no debt as of June 2025.

Resource and exploration highlights

• Current MRE: 60Mt @ 1.2g/t Au for 2.3Moz, with significant potential for expansion at depth and along strike.

• Drilling has intersected high-grade mineralisation, including 10.2m @ 18.5g/t Au and 0.2m @ 629g/t Au, supporting potential resource upgrade.

• Metallurgical test work shows +95% gold recovery at industry-typical grind sizes, outperforming historical results.

• Resource is open at depth and along an 8.5km strike, with multiple highly prospective targets identified.

• Historical feasibility and technical studies de-risk the project, with a clear pathway to production.

Leadership and corporate structure

• Led by an experienced board and executive team with a strong track record in mining and value creation.

• Five substantial shareholders each hold over 5%, with a market capitalization of $660M and daily liquidity of $2.5M.

• Chairman Tim Goyder and CEO Luke McFadyen bring decades of industry experience and leadership.