Caprice Resources Ltd. · ASX:CRS
Caprice Resources — Shareholder Meeting (November 2025)
16 slides from Caprice Resources's shareholder meeting presentation, November 2025
Slide 1: Uncovering the Next Major Gold Discovery in the Murchison
ASX: CRS | capriceresources.com UNCOVERING THE NEXT MAJOR GOLD DISOVERY IN THE MURCHISON AGM Presentation | November 2025 Luke Cox Managing Director
Slide 2: Disclaimer and Important Information
DISCLAIMER AND IMPORTANT INFORMATION This Presentation has been prepared by Caprice Resources Limited (Caprice or the market conditions in various countries and regions, environmental risks and Company) and is authorised by the Board of Directors of Caprice Resources Limited. legislative, fiscal or
Slide 3: Caprice Resources: Two high-impact frontiers, one focused explorer
CAPRICE RESOURCES Two high-impact frontiers, one focused explorer Broome ISLAND GOLD PROJECT MURCHISON, WESTERN AUSTRALIA Rapidly uncovering the Murchison’s next major gold discovery Port Hedland HIGH-GRADE GOLD MINERALISATION IDENTIFIED Prospective zone covering 5 by 1 of strike ISLAND GOLD PROJECT
Slide 4: Corporate Overview
CORPORATE OVERVIEW CAPITAL STRUCTURE SHARE PRICE Share price (21/11/25) A$0.13 Shares on Issue 695.18 PHASE 4 DRILLING SET TO DELIVER Unlisted Options and Performance Rights 1 92.73M SIGNIFICANT ADDITIONAL VALUE UPSIDE WITH 20,000 METRE PHASE 4 DRILLING UNDERWAY AT THE ISLAND GOLD PROJECT Market Cap
Slide 5: Board and Management
BOARD AND MANAGEMENT Experienced team with a clear and systematic approach to exploration LUKE COX ROB WAUGH SCOTT DEAKIN ROGER MASON OONAGH MALONE Managing Director Non-Executive Chairperson Non-Executive Director Non-Executive Director Company Secretary • Over 30 years of • Qualified geoscientist
Slide 6: Island Gold Project: Regional geology provides an exciting exploration opportunity
ISLAND GOLD PROJECT (IGP) Regional geology provides an exciting exploration opportunity Great Northern Highway • Shallow historical drilling (no deeper than Cue 20 New Orient GM (300m of strike) 24m @ 6.8 g/t 70m before the 2024 programme) Detector Gully Rock chips 26.0 g/t 95 Approx. 1km of • High-
Slide 7: Acquisition of the Comet Gold Project
ISLAND GOLD PROJECT Acquisition of the Comet Gold Project IMMEDIATELY ALONG STRIKE OF THE IGP • Triples the combined landholding in the Murchison consolidating 40km of greenstone strike • Identical geological setting and mineralisation style as the Island Gold Project • Within the Tuckabianna mining
Slide 8: A prolific gold mining district
ISLAND GOLD PROJECT A prolific gold mining district RAMELIUS RESOURCES | CUE GOLD PROJECT MOYAGEE AND BREAK OF DAY • Approximately 12 Mt at 2.4 g/t gold (910 koz), including Reserves of 2.7 Mt 2.9 g/t gold for 250 koz • Ore from Cue feeding Ramelius’ Mt Magnet processing hub, generating strong cash
Slide 9: Exploration success delivered in each successive phase of drilling
ISLAND GOLD PROJECT Exploration success delivered in each successive phase of drilling PHASE 1 PHASE 2 PHASE 3 10 RC HOLES 31 RC HOLES 43 RC HOLES 1,554m 3,209m 7,024m Completed Completed Completed December 2024¹ February 20252 June 20253 Multiple zones of thick, Successfully tested “Break of Interc
Slide 10: Fully funded fourth phase of drilling at the Island is now underway
ISLAND GOLD PROJECT Fully funded fourth phase of drilling at the Island is now underway PHASE 4 PHASE 1 PHASE 2 PHASE 3 FULLY FUNDED 10 RC HOLES 31 RC HOLES 43 RC HOLES COMBINATION OF RC, DIAMOND AND AC 1,554m 3,209m 7,024m DRILLING FOR AT LEAST 20,000m Completed Completed Completed Drilling is Dece
Slide 11: Phase 4 initial results extend Vadrians mineralisation
ISLAND GOLD PROJECT Phase 4 initial results extends Vadrians mineralisation - remains open in all directions VADRIANS Drilling is south-west 875 metres of delineated strike north-east now underway INITIAL PHASE 4 ASSAY RESULTS EXTEND VERTICAL EXTENT OF KNOWN Programme designed to test depth and MINE
Slide 12: Chobe Project: One of Australia's hottest exploration districts
CHOBE PROJECT ENR: Crean carbonatite 3.5 Mt @ 1.92 Nb2O5 One of Australia’s hottest exploration districts WA1: P2 ENR: Hurley carbonatite carbonatite ENR: Green carbonatite 12.1 @ 1.63 Nb2O5 • Large tenement area covering ~2,000km² of the West Arunta ENR: Emily carbonatite 3.7 Mt @ 1.94 Nb2O5 ENR: J
Slide 13: Chobe Project: Systematic, low-cost, data-driven exploration
CHOBE PROJECT Systematic, low-cost, data-driven exploration targeting IOCG’s and niobium HIGH-RESOLUTION GROUND GROUND DRILL AEROMAGNETIC GRAVITY TRUTHING TESTING PRIORITY SURVEY SURVEY ACTIVITIES TARGETS MAGNETIC HIGH TARGETS GRAVITY HIGH TARGETS DRILL TARGET IDENTIFICATION FOR MAJOR NEW DISCOVERIE
Slide 14: Catalyst Rich Six Month Period
CATALYST RICH SIX MONTH PERIOD Priority project programme timeline NOVEMBER DECEMBER JANUARY FEBRUARY MARCH APRIL 2025 2025 2026 2026 2026 2026 ISLAND GOLD PROJECT ADVANCEMENT SCHEDULE • RC + DD drilling at • AC drilling along • DD drilling depth • RC + DD drilling at • RC + DD drilling at • RC and/
Slide 15: Investment Highlights
ISLAND GOLD PROJECT MURCHISON, WESTERN AUSTRALIA Rapidly uncovering the next major gold discovery in the Murchison CHOBE PROJECT WEST ARUNTA, WESTERN AUSTRALIA Highly-strategic ground in one of Australia’s hottest exploration districts UPCOMING CATALYSTS A BUSY SIX MONTHS AHEAD 20,000m drill program
Slide 16: Contact
CONTACT Luke Cox, Managing Director info@capriceresources.com capriceresources.com ASX: CRS
Caprice Resources — Shareholder Meeting (November 2025) on 6ix