Viridis Mining and Minerals (VMM) Investor Presentation summary

Project overview and strategic positioning

• Colossus Ionic Clay Project targets rare earths in the Poços de Caldas Alkaline Complex, a globally significant mineralized region with strong local support and infrastructure for mining activities.

• Landholding expanded to 239 km², with a maiden resource estimate (MRE) covering only 16 km², indicating significant exploration upside.

• Project is the only one in the complex with both local and state government agreements, de-risking regulatory and environmental approvals.

• Joint venture with Ionic Rare Earths provides access to advanced REO separation and refining technology, supporting downstream integration.

• Board and management have a track record in delivering major rare earth projects, with an in-country team of 40+ professionals.

Resource highlights and exploration results

• Maiden resource: 201Mt @ 2,590ppm TREO, with 668ppm MREO (26% of TREO), and high Dy-Tb content at 1,000ppm cut-off.

• High-grade zones include Cupim South (3,061ppm TREO, 857ppm MREO) and intercepts up to 27,087ppm TREO.

• No part of the resource sits within environmental encumbrances, supporting development potential.

• Exploration drilling continues to expand high-grade footprints, with several prospects open at depth and along strike.

• Significant heavy rare earth potential confirmed at Fazenda prospect, with shallow high-grade Dy-Tb intercepts.

Metallurgy, processing, and technology

• Bulk metallurgical testing shows some of the highest ionic recoveries globally: up to 80% Nd-Pr and 66% Dy-Tb in initial tests.

• Average recoveries across deposits: Northern Concessions (Nd+Pr 63%, Dy+Tb 65%), Cupim South (Nd+Pr 67%, Dy+Tb 53%).

• Flowsheet developed with ANSTO includes ion exchange, impurity removal, and precipitation, with no radioactive waste.

• JV with Ionic Rare Earths enables selective separation of all 17 REEs and access to rare earth recycling technology.

• Downstream integration allows production of both mixed rare earth carbonate and refined oxides, depending on offtake agreements.