Emerald Resources Nl · ASX:EMR
Emerald Resources Nl — Shareholder Meeting (November 2025)
26 slides from Emerald Resources Nl's shareholder meeting presentation, Nov 28, 2025
Slide 1: Annual General Meeting 28 November 2025
For personal use only ANNUAL GENERAL MEETING 28 NOVEMBER 2025 Advancing from a single mine +100Koz p.a. gold producer to multi-mine +300Koz p.a. ASX:EMR
Slide 2: Presentation Disclaimer
Presentation Disclaimer DISCLAIMER These presentation materials and the accompanying verbal presentation (together, the Presentation Materials) have been prepared by Emerald Resources NL (Emerald or the Company) as at 28 November 2025 and statements are current only as at that date. Information in t
Slide 3: Highlights - 2025
Highlights - 2025 1. 2025 – Building the Foundation for Sustainable Growth Company Growth - Share price appreciation, up 51% since July 2024, up 77% since January 2024; - Cash, bullion and listed assets of A$303.6M at September 2025, up 68% from prior year; For personal use only - Final debt facil
Slide 4: Highlights - 2025: Second and Third Projects
Highlights - 2025 3. Company Growth – Second and Third Projects Australia – Dingo Range Gold Project (Emerald: 100%) Updated measured, indicated and inferred resource of 40.1Mt @ 1.1g/t Au for 1.36Moz; − Includes higher grade resources of 23.2Mt @ 1.4g/t Au for 1.07Moz; For personal use only Mai
Slide 5: Why Invest in Emerald?
Why Invest in Emerald? KEY TAKEAWAY: Organic pathway to become a multiple mine, +300koz pa gold producer with no further dilution to shareholders RIGHT Board and management team with a history of delivery For personal use only TEAM A history of successful operations and shareholder returns spannin
Slide 6: Emerald at a Glance
Emerald at a Glance Shareholder Structure Board of Directors Senior Management Jay Hughes, Non-Executive Chairman Mark Clements, Company Secretary Bernie Cleary, Operations Manager OGM For personal use only Morgan Hart, Managing Director Retail & High Institutional 34 years exploration, developmen
Slide 7: Key Assets – producing mine with two more to build
Key Assets – producing mine with two more to build Okvau Gold Mine Producing asset with robust cash flows; (Emerald – 100%) Produced 431Koz to Sept 2025 since commissioning in Sep 2021 (Project to date: 442Koz); AISC of US$879/oz since commissioning to June 2025; Resources continue to be rep
Slide 8: Cambodian Growth
Cambodian Growth For personal use only Memot Gold Project – potential Cambodian development; - Industrial Mining Licence granted; - Mineral Investment Agreement executed; and - Fully permitted for development and operations. Okvau Gold Mine pit resource and reserve expansion; - Underground; and
Slide 9: Cambodian Growth Potential
Cambodian Growth Potential Dominant land position of 1,190 km² covering a north-west trending zone of granitoid intrusions; Multiple gold occurrences with direct associations with intrusions with pathfinder multi-elements (bismuth, arsenic, tellurium). For personal use only Refer to the Company’
Slide 10: Okvau Resource Growth
Okvau Resource Growth Southern Eastern Depth Extension Eastern Feeder Zone Mineralisation 10m @ 9.67g/t Au from 411m (DD12OKV108); 14m @ 15.03g/t Au from 26m (DD12OKV108); 11m @ 8.40g/t Au from 399m (DD11OKV091); 20m @ 9.86g/t Au from 175m (DD11OKV084); 6m @ 14.10g/t Au from 323m (RCDD22OK
Slide 11: Okvau Resource Growth
Okvau Resource Growth For personal use only Reference is made to the Company’s ASX releases dated 30 June 2025, 24 April 2025, 28 January 2025, 30 October 2023, 28 January 2021, 2 July 2019, 28 April 2017 and Renaissance Minerals Limited 19 September 2012. ASX: EMR | www.emeraldresources.com.au 11
Slide 12: Okvau Resource Growth
Okvau Resource Growth For personal use only Reference is made to the Company’s ASX releases dated 30 June 2025, 24 April 2025, 28 January 2025, 30 October 2023, 28 January 2021, 2 July 2019, 28 April 2017 and Renaissance Minerals Limited 19 September 2012. ASX: EMR | www.emeraldresources.com.au 12
Slide 13: Memot Gold Project – Potential High Grade Second Operation
Memot Gold Project – Potential High Grade Second Operation Okvau 2011 Memot 2024 Footprint of local Footprint of local For personal use only artisanal miners artisanal miners 800m ASX: EMR | www.emeraldresources.com.au 13
Slide 14: Memot Gold Project – Potential High Grade Second Operation
Memot Gold Project – Potential High Grade Second Operation For personal use only Reference is made to the Company’s ASX releases dated 30 June 2025, 24, April 2025, 28 January 2025, 13 December 2024, 30 October 2024 and 29 July 2024, ASX: EMR | www.emeraldresources.com.au 14
Slide 15: Memot Gold Project – Potential High Grade Second Operation
Memot Gold Project – Potential High Grade Second Operation For personal use only Reference is made to the Company’s ASX releases dated 30 June 2025, 24, April 2025, 28 January 2025, 13 December 2024, 30 October 2024 and 29 July 2024, ASX: EMR | www.emeraldresources.com.au 15
Slide 16: Memot Gold Project – Potential Second Operation
Memot Gold Project – Potential Second Operation Memot Gold Project June 2025 Updated Mineral Resource Estimate (“MRE”): Memot Gold Project Indicated and Inferred MRE of 31.4Mt @ 1.3g/t Au for 1.34Moz; - Includes high grade resources totaling 16.9Mt @ 1.9g/t Au for 1.03Moz; For personal use only -
Slide 17: Australian Growth (EMR: 100%)
Australian Growth (EMR: 100%) For personal use only Dingo Range Gold Project 1,110km2 of tenure covering entire Dingo Range Greenstone Belt; Boundary-Bungarra mineralized zone: - 6.4km mineralized zone - 36km2 of granted mining licences. Permitting and feasibility studies well advanced ahead o
Slide 18: Australian Gold Project
Australian Gold Project Dingo Range Gold Project Location Emerald holds the Dingo Range Gold Project: - located in Western Australia, within one of For personal use only the world’s richest and most established gold regions; - covers 1,110km2 of the entire Dingo Range greenstone belt; - in excess
Slide 19: Dingo Range Gold Project – Overview
Dingo Range Gold Project – Overview The Dingo Range Gold Project Overview: Four granted mining licences covering 36km² over the Boundary-Bungarra Prospects; June 2025 Updated Mineral Resource Estimate (“MRE”) over the Boundary-Bungarra, Freemans Find and Great Northern Prospects; MRE to underp
Slide 20: Dingo Range – Boundary-Bungarra, Freemans Find and Great Northern Prospects
Dingo Range – Boundary-Bungarra, Freemans Find and Great Northern Prospects Dingo Range Gold Project – Project June 2025 Updated Mineral Resource Estimate (“MRE”): Measured, Indicated and Inferred Resource of 40.1Mt @ 1.1g/t Au for 1.36Moz; - Includes higher grade resources of 23.2Mt @ 1.4g/t Au f
Slide 21: Dingo Range – Boundary-Bungarra Long Sections
Dingo Range – Boundary-Bungarra Long Sections Long Section of the Boundary, Neptune and Stirling Prospects Boundary Neptune Stirling 162 181 126 131 149 273 188 164 110 112 500mRL 252 Untested For personal use only 182 301 89 100mRL OPEN AT DEPTH AND ALONG STRIKE Legend Gram x Meters AU Drillhole Re
Slide 22: Dingo Range – Boundary-Bungarra Long Sections
Dingo Range – Boundary-Bungarra Long Sections Hurleys Long Section of the Hurleys and Bungarra Prospects Bungarra HIGH GRADE STRUCTURE STRIKING SOUTH RC24HUR074 4m @ 2.51g/t Au from 33m RC24BGA038 1m @ 9.83g/t Au from 47m RC24HUR083 6m @ 2.74g/t Au from 112m RC24BGA034 4m @ 22.77g/t Au from 67m 137
Slide 23: Environmental & Social Values
Environmental & Social Values Emerald is to have a (net) positive impact on near-mine environmental and social values through: Setting the benchmark for an environmentally & socially responsible, sustainable and transparent mining industry in Cambodia; Commitment to carbon neutral operations in
Slide 24: Current Year and Upcoming Developments
Current Year and Upcoming Developments Ongoing Dingo Range Gold Project exploration – resource extension and regional For personal use only Ongoing Okvau Gold Mine exploration – near mine and resource extension Ongoing Cambodian Regional exploration – other Cambodian projects exploration Q4 CY2025 M
Slide 25: Key Takeaways
Key Takeaways RIGHT Board and management team - development and operation - with a history of delivery: TEAM - History of delivering in development and operation; - Board and management aligned with shareholders. For personal use only PRODUCING Okvau Gold Mine (100%): ASSET WITH - Producing asse
Slide 26: Thank You
For personal use only Thank You ASX: EMR | www.emeraldresources.com.au 26
Emerald Resources NL — Shareholder Meeting (November 2025) on 6ix