Ballard Mining Limited · ASX:BM1
Ballard Mining — Shareholder Meeting (September 2026)
26 slides from Ballard Mining's shareholder meeting presentation, Sep 4, 2026
Slide 1: Extraordinary General Meeting
ASX: BM1 For personal use only HIGH-GRADE GOLD. GROWING. PERMITTED. DRILL & BUILD. Extraordinary General Meeting 4 September 2026
Slide 2: Disclaimer
DISCLAIMER The following notices and disclaimers apply to this Presentation ("Presentation") and you are therefore advised to read this NOT FINANCIAL PRODUCT ADVICE carefully before reading or making any other use of this Presentation or any information contained in this Presentation. This Presentat
Slide 3: Disclaimer
DISCLAIMER NO LIABILITY MINERAL RESOURCE ESTIMATE (MRE) The information contained in this Presentation has been prepared in good faith by Ballard. However, no guarantee, Information in this Presentation that relates to exploration results, the data and geological interpretation used as the basis of
Slide 4: Simple Proposition: Drill and Build
SIMPLE PROPOSITION Drill and Build For personal use only Funded to FID Permitted. Drilling for $62M at 30 June 2026 standalone scale 220,000m in 2026 ASX: BM1 4
Slide 5: Corporate Summary
CORPORATE SUMMARY De-risked balance sheet and share register. 24% institutional shareholders CORPORATE STRUCTURE BOARD & KEY MANAGEMENT PERSONNEL For personal use only 454 Million 22 Million Shares on issue Performance Rights & Options SIMON LILL PAUL BRENNAN TIM MANNERS Non-Executive Chair Managing
Slide 6: Plan A – Targeting Standalone Scale
PLAN A – TARGETING STANDALONE SCALE 220,000 metre drill program in CY2026 to drive resource growth For personal use only 6
Slide 7: Mt Ida – Competitive Strengths
MT IDA – COMPETITIVE STRENGTHS Funded to FID, permitted and building standalone scale For personal use only 1.2MOZ MRE1 PERMITTED. +50 TARGETS +1Moz @ 3.5g/t1 53 Regional targets at the cornerstone identified for testing Baldock deposit UPSIDE POTENTIAL WELL FUNDED ADVANCED Analogous to the nearby F
Slide 8: Baldock Deposit Growth Potential
BALDOCK DEPOSIT GROWTH POTENTIAL Top 350m contains +1Moz @ 3.5 g/t, including 670koz @ 3.7 g/t in the Indicated category1 Dotted line is the February 2026 MRE outline (deeper sections informed by historical lithium drilling) For personal use only High-grade hits 300m below and 200m along strike of t
Slide 9: Baldock Deposit Growth Potential
BALDOCK DEPOSIT GROWTH POTENTIAL Orogenic deposits plumb deep • Mt Ida considered analogous to Gold Fields’ +10Moz Agnew gold camp by renowned For personal use only Structural Geologist Dr Sarah Jones o Same greenstone belt, same granite intrusion • Agnew 1.4km deep1 mine ~150km north • Ora Banda Ri
Slide 10: Satellite Opportunities Emerging
SATELLITE OPPORTUNITIES EMERGING The same rocks on both sides of the Copperfield Granite Holes Metres Avg Depth Max Depth Current MRE² For personal use only Baldock Shear 2,780 496,580 178m 1,249m 1,050oz Ballard Shear 774 88,899 114m 305m 120oz • Baldock has received 85% of drill effort for 90% of
Slide 11: Satellite Opportunities Emerging
SATELLITE OPPORTUNITIES EMERGING Ballard Shear: Shallow, high-grade mineralisation showing camp-scale potential For personal use only ASX: BM1 11
Slide 12: Plan A – Standalone
PLAN A – Standalone 1.5 Moz to bank it, 2.0 Moz to build it ` FY27 Drill and Build Sep Q Dec Q Mar Q Jun Q For personal use only Growth GROWTH DRILLING (Baldock + Regional Targets) Grow to 2 Moz MRE target INFILL DRILLING (converting Inferred Resources to Indicated) De-risking production GLOBAL MRE
Slide 13: Fully Permitted
FULLY PERMITTED Fundamental differentiator from other gold developers • All Mineral Resources on Granted Mining Leases For personal use only • Approved Mining Proposal and Mine Closure Plan for open pit and underground mining at Baldock • Works Approval granted for 2.0 Mtpa Process Plant and tailing
Slide 14: Investment Highlights
INVESTMENT HIGHLIGHTS Drill and Build For personal use only PRIME LOCATION GROWING TARGETING FULLY PROVEN TEAM MULTIPLE Heart of the WA RESOURCE STANDALONE PERMITTED Experienced gold UPCOMING Eastern Goldfields with 1.2Moz, including SCALE All Mineral Resources mine developers and CATALYSTS +15Mtpa
Slide 15: Appendix – Mineral Resource Estimate
ASX: BM1 For personal use only APPENDIX – MINERAL RESOURCE ESTIMATE
Slide 16: Mineral Resource Estimate – February 2026
MINERAL RESOURCE ESTIMATE – FEBRUARY 2026¹ Indicated Inferred Total Cut-off Deposit Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces (‘000) g/t Au (‘000) (‘000) g/t Au (‘000) (‘000) g/t Au (‘000) For personal use only Baldock 2,916 3.9 362 395 2.6 33 3,311 3.7 395 Kestrel - - - 940 1.6 48
Slide 17: Extraordinary General Meeting Final Proxy Results
ASX: BM1 For personal use only Extraordinary General Meeting Final Proxy Results
Slide 18: Proxy Results – Ratification of Placement Shares (LR 7.1)
Proxy Results For personal use only RESOLUTION 1 – RATIFICATION OF PLACEMENT SHARES ISSUED UNDER LISTING RULE 7.1 To consider and, if thought fit, to pass with or without amendment, as an ordinary resolution the following: ‘That, pursuant to and in accordance with Listing Rule 7.4 and for all other
Slide 19: Proxy Results – Ratification of Placement Shares (LR 7.1A)
Proxy Results For personal use only RESOLUTION 2 – RATIFICATION OF PLACEMENT SHARES ISSUED UNDER LISTING RULE 7.1 To consider and, if thought fit, to pass with or without amendment, as an ordinary resolution the following: ‘That, pursuant to and in accordance with Listing Rule 7.4 and for all other
Slide 20: Proxy Results – Ratification of Contractor Options
Proxy Results For personal use only RESOLUTION 3 – RATIFICATION OF CONTRACTOR OPTIONS ISSUED UNDER LISTING RULE 7.1 To consider and, if thought fit, to pass with or without amendment, as an ordinary resolution the following: ‘That, pursuant to and in accordance with Listing Rule 7.4 and for all othe
Slide 21: Proxy Results – Gold Production Options to Paul Brennan
Proxy Results For personal use only RESOLUTION 4 – APPROVAL TO ISSUE GOLD PRODUCTION OPTIONS TO MR PAUL BRENNAN To consider and, if thought fit, to pass with or without amendment, as an ordinary resolution the following: ‘That, pursuant to and in accordance with Listing Rules 10.14 and 10.19, Chapte
Slide 22: Proxy Results – Gold Production Options to Timothy Manners
Proxy Results For personal use only RESOLUTION 5 – APPROVAL TO ISSUE GOLD PRODUCTION OPTIONS TO MR TIMOTHY MANNERS To consider and, if thought fit, to pass with or without amendment, as an ordinary resolution the following: ‘That, pursuant to and in accordance with Listing Rules 10.14 and 10.19, Cha
Slide 23: Proxy Results – Gold Production Options to Simon Lill
Proxy Results For personal use only RESOLUTION 6 – APPROVAL TO ISSUE GOLD PRODUCTION OPTIONS TO MR SIMON LILL To consider and, if thought fit, to pass with or without amendment, as an ordinary resolution the following: ‘That, pursuant to and in accordance with Listing Rules 10.14 and 10.19, Chapter
Slide 24: Proxy Results – Gold Production Options to James Croser
Proxy Results For personal use only RESOLUTION 7 – APPROVAL TO ISSUE GOLD PRODUCTION OPTIONS TO MR JAMES CROSER To consider and, if thought fit, to pass with or without amendment, as an ordinary resolution the following: ‘That, pursuant to and in accordance with Listing Rules 10.14 and 10.19, Chapte
Slide 25: Proxy Results – Gold Production Options to Stuart Mathews
Proxy Results For personal use only RESOLUTION 8 – APPROVAL TO ISSUE GOLD PRODUCTION OPTIONS TO MR STUART MATHEWS To consider and, if thought fit, to pass with or without amendment, as an ordinary resolution the following: ‘That, pursuant to and in accordance with Listing Rules 10.14 and 10.19, Chap
Slide 26: Proxy Results – Section Approval
Proxy Results For personal use only RESOLUTION 9 – SECTION 195 APPROVAL To consider and, if thought fit, to pass with or without amendment, as an ordinary resolution the following: ‘That, pursuant to and in accordance with subsection 195(4) of the Corporations Act and for all other purposes, Shareho
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