Alien Metals Ltd · LSE:UFO
Alien Metals — Investor Presentation (April 2026)
13 slides from Alien Metals's investor presentation, Apr 16, 2026
Slide 1: Elizabeth Hill Silver Project: Grade is King
<= WESTCOASTSILVER Elizabeth Hill Silver Project Grade is King: Future growth and mine restart potential April 2026 I ASX | WCE — <li COASTSILVER
Slide 2: Disclaimer
Disclaimer Forward-Looking Statements Statements in this announcement which are not statements of historical facts, including but not limited to those relating to the proposed transaction, are forward-looking statements. These statements instead represent management's current expectations, estimates
Slide 3: Exploration Trends
Exploration Trends Global Exploration Statistics (2025)* Global exploration declining, with capital shifting toward near-mine opportunities and producing regions. Elizabeth Hill well positioned to meet silver shortfall— historical mine, high grade, on a Mining License, access to infrastructure. * Gl
Slide 4: Elizabeth Hill Silver Project: Historic Silver Mine with Potential for Restart
Ground Elizabeth Hill Silver Project Historic Silver Mine with Potential for Restart (@ POINT SAMSON @ DAMPIER @ WICKHAM + Located in the Pilbara region, Western Australia A KARRATHA Andover (Li) + Excellent Infrastructure - Access to road networks, power infrastructure, > a ; 9 @ ROEBOURNE skilled
Slide 5: Silver Specimen
Silver Specimen THE PERTH MINT AUSTRALIA Australia’s Largest Silver Nugget, 145kg found at Elizabeth Hill * “The Karratha Queen” largest native silver nugget 145kg from Elizabeth Hill, on display at The Perth Mint * Other large specimen’s from Elizabeth Hill held by Mark 1 flo 0 Q : : : . Creasy Par
Slide 6: High Grade Native Silver at Elizabeth Hill
Grade High Grade Native Silver at Elizabeth Hill Among the Highest-Grade Silver Intercepts Reported Globally in 2025/6 Elizabeth Hill Top 5 Drill Intercepts’ Orebody Specimen Elizabeth Hill Mine? sments dated 16 July 2025 & 22 August 2025 & 4 February 2026. ch Hill Refer to Allen Metals website: Ran
Slide 7: Systematic Growth Strategy
. Systematic Growth Strategy ee | tm @ 1829 Ag 2 From Discovery to Resource - Objectives R New mineralisation in the shadow of the headframe zsweovo2e 1.5m @ 1 25251 Ag tom 54.6 £I(—zemcoooos aim @reargt ag I trom itm . Phase 2 2025 drill program successfully intersected near-surface extension of th
Slide 8: Elizabeth Hill Drilling: 2026 Goal Resource Definition
Growth Elizabeth Hill Drilling LONG SECTION ALONG MUNNI MUNNI FAULT 2026 Goal: Resource Definition ee Elizabeth Hill Mine - Mineralisation |B Ba Extension + Up to 6,700m of RC and diamond drilling So= planned for 2026 as part of resource _ os $ roaress St0p6/ Void @ (prelected to development and exp
Slide 9: 2026 WCE Exploration Timeline
2026 WCE Exploration Timeline Schedule for Discovery, Resource Growth & Development 2025 EH Main EH North RC DD Assay Results Drill Program Norn Besay deste | 2025 EH North, South, Main EH South RC Aircore Assay Results maior EH South RC Assay Results | 3,100m RC program ———— EH Deeps DD Boa | | EH
Slide 10: West Coast: Pure Play Silver
West Coast: Pure Play Silver Ground: fg) Historic WA mine on granted Mining Lease * Granted Mining Lease; past production paused at ~US$5/oz (2000). * 180 km’ of tenure on the Munni Munni Fault. + Established district with nearby processing optionality. Fast-track mining potential - Grade: @ Bonanza
Slide 11: Corporate Overview
Corporate Overview ASX:WCE Shares on Issue 359,069,213 0.30 14.00 Share Price A$0.185 0.25 12.00 Market Capitalisation AS66.4m = g 10.00 Cash AS5.8m $0.20 : Implied Enterprise Value A$60.6m rs 8.00 Average Daily Turnover ($) 6 months $525,324 = 0.15 6.00 "As of 10 April 2026; Cash as at 5 March 2026
Slide 12: Key Executive and Management
Key Executive and Management Driven by a Highly Experienced Team With Intimate Asset Knowledge EXECUTIVE CHAIRMAN Mr Bruce Garlick Mr Garlick is a finance, governance, and accounting professional with experience across nickel, copper, lead, and PGM exploration, development, and operations. He has he
Slide 13: Contact
Elizabeth Hill WEST One of Australia’s highest-grade silver projects CO AST ASX | WCE SILVER 0 westcoastsilver.com.au Contact Bruce Garlick Executive Chairman +61 437 393 6000 Investor & Media Relations Dannika Warburton - Investability +61 401 094 261