Augustus Minerals Limited · ASX:AUG

Augustus Minerals — IPO Roadshow (May 2023)

29 slides from Augustus Minerals's IPO roadshow presentation, May 18, 2023

  1. Slide 1: Australia’s Next – Critical Minerals Company

    Australia’s Next – Critical Minerals Company (Rare Earths, Lithium, Copper) Ti Tree Shear Project Western Australia IPO Presentation May 2023

  2. Slide 2: Disclaimer and Forward-Looking Statements

    Disclaimer and Forward-Looking Statements These presentation materials and any accompanying verbal presentation (together, the Presentation Materials) have been prepared by Augustus Minerals Limited (Company) as at 18 May 2023 and statements are current only as at that date. Information in the Prese

  3. Slide 3: Disclaimer and Forward-Looking Statements

    Disclaimer and Forward-Looking Statements JORC CODE The information in the Presentation Materials relating to exploration results, exploration targets, mineral resources and ore reserves has been reported by the Company in accordance with the 2012 Edition of the ‘Australasian Code for Reporting of E

  4. Slide 4: 5 Years of Exploration Groundwork Pre-IPO

    Commenced 2017 5 Years of Exploration Groundwork Pre-IPO 4 Augustus Minerals – Investor Presentation

  5. Slide 5: Gascoyne Province Western Australia

    Gascoyne Province Western Australia • Emerging Critical Minerals Province • Gascoyne particularly productive for forming Lithium and Rare Earths fertile geology • Multiple recent discoveries • Large land holding, first mover advantage 1,300km from Perth 200km from Carnarvon Image above: Gold boundar

  6. Slide 6: Prospectivity Potential enormous

    Prospectivity Potential enormous <2% of tenure actively Explored - >50 targets ready for drilling • ~3,600km2 project, majority with minimal exploration • Ti Tree Shear (85kms) major critical minerals host • Targeting Critical Minerals (Rare Earths, Lithium & Copper) • 100% AUG ownership, first move

  7. Slide 7: Ti Tree Shear Project 3,600km2 – Critical Minerals, multiple recent discoveries

    Ti Tree Shear Project 3,600km2 – Critical Minerals, multiple recent discoveries Dreadnought Resources (ASX: DRE) Hastings Technology (ASX:HAS) • Multiple Ironstone REE • Yangibana Ironstone REE Discoveries Project • Partly in JV with First • Yangibana Resource: Quantum **27.4Mt @ 0.97% TREO • Yin RE

  8. Slide 8: Geology: Gascoyne Province

    Geology: Gascoyne Province Drill ready: Minimal on ground exploration history Work Completed to Date Lithium and Rare Earths discoveries on adjacent ground Tenements 3,600km2 of ground consolidated Mangaroon Ni- Soil Samples 15,000 new samples collected & Cu-PGE Star of analyised Mangaroon Au Yangib

  9. Slide 9: Summary Target Map 50 Targets Across Multiple Commodity Classes

    Summary Target Map 50 Targets Across Multiple Commodity Classes • Copper Ridge • Cooroolthoo Creek DRE/FQM Ni-Cu Copper Discovery DRE: Yin REE • Minnie Springs Deposits Hastings Tech. Gold: Yangibana REE Deposits • Crawford Bore Ni-Cu-PGE: Money • Nick’s Bore, Bassit Bore South Cu-Au: Copper Ridge •

  10. Slide 10: Rare Earth Elements & Lithium

    Rare Earth Elements & Lithium 10 10 Augustus Minerals – Investor Presentation

  11. Slide 11: Lithium Pegmatites

    Lithium Pegmatites Rock chip > 60ppm Li (peak 150ppm) Peak Bore SE UF soil 120-150ppm Li • 9 x 9km Li in soil anomaly UF soil 95-120ppm Li Minedex occurrence • ‘goldilocks zone’ of Thirty Three Sn-Ta-Li, gems, pegmatite supersuite granitoids Birthday Well • 10km Li in streams anomaly Birthday Well a

  12. Slide 12: Lithium Adjacent to Yinnetharra Lithium Discovery (RDT)

    Lithium Adjacent to Yinnetharra Lithium Discovery (RDT) Li in streams Birthday Well (ppm) 10km long trend of Li in • Lithium (+pathfinders) in stream Streams – source within sediment samples tenement • Pegmatites within proximity to Thirty Three Supersuite Granitoids Leake Spring Metamorphics • ~10k

  13. Slide 13: Lithium Pegmatite Field >10km of Goldilocks Zone

    Lithium Pegmatite Field >10km of Goldilocks Zone Crawford Bore – Lithium Pegmatite Field • Historic workings for corundum + beryllium pegmatites Rock Chip Results 52-275ppm Li 30-52ppm Li • Elevated Li in rocks Pegmatite workings W-Mo workings • Heat source of pegmatite being known granitic stocks C

  14. Slide 14: Rare Earths 65km of Strike and 27 Targets Analogous to Yangibana & Yin

    Rare Earths 65km of Strike and 27 Targets Analogous to Yangibana & Yin REE Occurrence minedex Yangibana (HAS) REE Augustus REE Target Project Yin (DRE) REE Discovery • Augustus is immediately south of Yangibana REE & Yin REE Discovery Sabre (DRE) REE 17 Mile REE Targets Discovery • 27 Targets with c

  15. Slide 15: Rare Earths Peak Bore Soil Target: 6km x 7.5km

    Rare Earths Peak Bore Soil Target: 6km x 7.5km UF Soil Results >600ppm Ce Mallet Well 300-600ppm Ce Targets • Major 6km x 7.5km new anomaly Peak Bore North REE Target • REE high (La-Ce) in soils • Nearby Mallet Well Thorium anomalies not yet sampled • Never before drilled, virgin ground Peak Bore RE

  16. Slide 16: Rare Earths Seventeen Mile and North Snowy REE

    Rare Earths Seventeen Mile and North Snowy REE • High Th dyke anomalies similar in size, scale and radiometric signature to Dreadnought’s Yin/Sabre discoveries 17 Mile • Durlacher Supersuite host: same host as Yin North REE Target (DRE), Yangibana (HAS) and Mick’s Well (KFM) North 17 Mile Snowy REE

  17. Slide 17: Rare Earths Additional REE Targets

    Rare Earths Additional REE Targets Christmas Well REE Target The EYE • High Thorium anomalies as part of >1500ppm High Heat Producing Granites – Ce+La in rocks potentially carbonatites • Rock chips up to 1500ppm Ce+La off the main anomalies Hidden Valley REE Targets • Planned to be systematically HH

  18. Slide 18: Nickel-Copper-PGEs & Copper-Gold

    NICKEL-COPPER-PGES & COPPER-GOLD 18 18 Augustus Minerals – Investor Presentation

  19. Slide 19: Multiple mafic Intrusions with Cu-Ni-PGE Mineralization

    Multiple mafic Intrusions with Cu-Ni-PGE Mineralization Also Porphyry Related & Shear Hosted Cu-Au-Mo Mafic Dyke Swarm >12ppb Pd in UF soils Money Intrusion: DRE/FQM 10-12 ppb Pd in UF soils ‘Ni-Cu-Co-PGE’ Mangaroon Discovery Seventeen Mile Well Dyke Swarm Noonary Well on Money Intrusion Ni-Cu-PGE C

  20. Slide 20: Nickel-Copper-PGEs Noonary Well (“Money Intrusion”)

    Nickel-Copper-PGEs Noonary Well (“Money Intrusion”) Cu ppm in UF soils Money Intrusion Nickel-Copper-PGE Target • Recent soil sampling shows strong Dreadnought- 2km x 2km Cu-PGE soil anomaly FQM Augustus Minerals Outcropping Money Intrusion Significant Cu Cu anomaly associated with intrusions 20 Aug

  21. Slide 21: Nickel-Copper-PGEs Copper Ridge

    Nickel-Copper-PGEs Copper Ridge A 2km long copper anomaly with outcropping vein hosted Cu mineralisation (600m long) Intersection of metasediments with Money Intrusion (N-S) As well as Cu-Au, also anomalous in Cr-Ni-PGEs in soil Cu ppm in UF soils Rock Samples of Copper 4.7% Gold 1.45 g/t Nickel 337

  22. Slide 22: Copper Gold Nick’s Bore Target – 4km of Copper + Au Anomaly

    Copper Gold Nick’s Bore Target – 4km of Copper + Au Anomaly Rock Chip Results 1-50g/t Au 0.1-1g/t Au 0.01-0.1g/t Au Money Intrusion • Extensive: >4km Cu-Au anomaly Crawford Main within regional >10km anomaly • High Grade Rocks: 20g/t Au and 0.5% Cu • 3 Way Split: Dissected by Money Intrusion Potenti

  23. Slide 23: Copper Gold Cooroolthoo Creek – 3km of Cu + Au

    Copper Gold Cooroolthoo Creek – 3km of Cu + Au Moorarie Supersuite Leake Spring • Anomaly: 1.8km x 800m Target Metamorphics • Multi-element Soil Anomaly: Cu-Au-Ag Cu > 100ppm • Major Structure: within Leak Spring Metamorphics on the Ti Tree Shear • Money Intrusion suite: PGE anomalism Au>10ppb in so

  24. Slide 24: Copper-Gold Minnie Springs > 3km Long Cu-Au-Ag-Mo Soils

    Copper-Gold Minnie Springs > 3km Long Cu-Au-Ag-Mo Soils Rock Chips up to 7.3% Cu, Max Assay in Drilling by Mo 0.2g/t Au, • Cu-Ag Deposit: 1km by 200m wide: 100g/t Ag, PPM Drilled 2004-2015 years ago 200ppm Mo Rock Chips up • Deposit Strike: >3km Mo-Cu-Ag: to 4.4% Cu, 0.64g/t Au, Further 20km strike

  25. Slide 25: Exploration Strategy Methodical, Layered & Scientific

    Exploration Strategy Methodical, Layered & Scientific Mineral Exploration Work Programs Year 1 Year 2 Regional Exploration potential assessment Data driven, knowledge driven, Mineral Targeting Airborne Magnetics and Geophysics Regional Structural Geology analysis Regional soil geochemistry Regional

  26. Slide 26: Summary World Class Discovery Potential

    Summary World Class Discovery Potential Consolidated an extensive landholding ~3600km2 Copper Ridge, Minnie Springs Five Years of Cooroolthoo Creek, Nick’s Bore Pre-IPO Work Extensive field campaigns, resulting in Copper-Gold 15,000 soil samples retrieved Drill ready with strong potential for new &

  27. Slide 27: IPO Capital Structure and Use of Funds

    IPO Capital Structure and Use of Funds Use of Funds Total % Minnie Springs [Lithium/REE/Copper] drilling $2.75m 28% Copper- AUGUSTUS MINERALS Gold LISTING MAY 2023 Crawford Bore [Copper/Gold] drilling $2.85m 29% Lyons Central [REE] drilling $0.38m 4.0% Ni-Cu-PGEs HIGH POTENTIAL FOR SIGNIFICANT Mount

  28. Slide 28: Board & Management

    Board & Management Andrew Reid Darren Holden Graeme Smith Brian Rodan Managing Director Non-Executive Director Non-Executive Director Executive Chairman Andrew Reid has over 30 years’ experience in (Technical Advisor) Brian Rodan is a Fellow of the Australian Graeme Smith is an experienced resources

  29. Slide 29: Thank You

    ae fs (A) AUGUSTUS MINERALS LIMITED Thank You

Augustus Minerals — IPO Roadshow (May 2023) on 6ix