Halo Minerals Plc · LSE:HALO
Halo Minerals — Investor Presentation (March 2026)
21 slides from Halo Minerals's investor presentation, March 2026
Slide 1: HALO Minerals Plc
HALO Minerals Plc COPPER AND GOLD FROM LEGACY MINING WASTE NEAR-TERM PRODUCTION LOW GEOLOGICAL RISK TANGIBLE ESG RESTORATION
Slide 2: Disclaimer
Halo Minerals Plc | Disclaimer The information contained in this confidential document (“Presentation”) has been prepared by Halo Neither the issue of this Presentation nor any part of its contents is to be taken as any form of commitment Minerals Plc who is changing its name to Halo Minerals Plc (t
Slide 3: Near Term Copper and Gold Production with Strong CPR-Based Economics
Near Term Copper and Gold Production with Strong CPR-Based Economics Near term copper and gold production from surface stockpiled metal rich legacy mine tailings US$ 154.1m 50.9% 100%-owned Playa Verde Project, Atacama Region, Chile NPV10 After Tax IRR After Tax DFS-stage project with 32.2 Mt Ore Re
Slide 4: Surface Stockpiled Metal-Rich Legacy Mine Tailings
Surface Stockpiled Metal-Rich Legacy Mine Tailings JORC Resource of Offshore tailings offer potential for significant additional resource 53.4Mt @ 0.24% Cu upside (est. +100Mt) Technically mature, Cu Cathode & Cu Admission proceeds to EIA (RCA) approval Concentrate production complete optimised DFS
Slide 5: Corporate Strategy | Structurally Low-Risk, High-Return
Corporate Strategy | Structurally Low-Risk, High-Return TRADITIONAL MINING HALO MINERALS MODEL High Geological Risk Known, surface-stockpiled feedstock High Upfront Capital Lower capital intensity , faster path to production Long Development Timelines Revenue aligned with environmental restoration L
Slide 6: Flagship Asset | Playa Verde (Chile)
Flagship Asset | Playa Verde (Chile) Owned 100% via Copper Bay Ltd (Halo subsidiary): Playa Verde copper tailings re-treatment project Atacama region, Chile De-risked feedstock + pathway towards FID: surface tailings, technically advanced, execution-led development plan Economics aligned with remedi
Slide 7: Playa Verde | Project background
Playa Verde | Project background 1938 – 1975 2000s 2011 2015 2017 - 2018 2024-2025 Next (2026) Historic Drilling & Copper Bay PFS DFS EIA Optimised copper technical Ltd acquires completed; completed; unanimously DFS → Final tailings work Chañaral project optimisation approved by Investment deposited
Slide 8: Playa Verde | Project details
Playa Verde | Project details Location: Mining/Processing: Optimised DFS: ~8.6 ktpa Cu for ~7 Chañaral, Atacama Region, Electric suction dredging years from 32.2 Mt tailings reserves. Chile 13.57 km² footprint Leach + SX-EW and flotation ~900 km from Santiago Ore Reserves (DFS basis): Scale: 32.2 Mt
Slide 9: Playa Verde | Reserves & Resources
Playa Verde | Reserves & Resources 32.2 Mt Ore Reserves @ 0.25% Cu (79.4 kt contained Cu) 303 drill holes & 2,612 samples East of western berm and shoreline (BRGM, Pucobre, Superex & Copper Bay) 53.44 Mt resource @ 0.24% Cu MRE, DFS & CPR prepared in accordance (125.8 kt contained Cu). Beach & surf
Slide 10: Playa Verde | ESG aligned with returns
Playa Verde | ESG aligned with returns Environmental Social Governance We reprocess legacy mining waste to recover Project activity supports local employment and Formal cooperation agreement with the Municipality of copper while reducing a historic coastal services, with the long-term outcome of a C
Slide 11: Playa Verde | CAPEX; OPEX; NPV & IRR
Playa Verde | CAPEX; OPEX; NPV & IRR NPV10 & IRR for 32.2 Mt of Reserves (JORC 2012) OPEX Summary NPV10 IRR US$/Ib Cu Produced* US$ millions % Processing Plant Plant Labour 0.14 Cash flow before tax 170.9 52.9 Electrical Power 0.58 Cash flow after tax 154.1 50.9 Sulphuric Acid 0.55 Other Consumables
Slide 12: Playa Verde | Expected economics for 32.2Mt Reserves
Playa Verde | Expected economics for 32.2Mt Reserves Key Assumptions Sensitivity Analysis Metal Prices Unit Value Copper Price $/lb 5.30 Gold Price $/oz 4,300 Concentrates Grade Copper % 20% Gold g/dmt concentrate 5.5 Moisture Content % 10% Arsenic % 1.1 Smelter Terms Description Unit Value Minimum
Slide 13: A Springboard for Growth | Multiple Growth Pathways
A Springboard for Growth | Multiple Growth Pathways On-Site Organic Growth Process the additional 21.24 Mt of JORC-compliant resource on the beach and within the western berm/shoreline area. Offshore Potential Secure rights and develop a plan to process the “non-JORC” offshore mineral resource estim
Slide 14: Appendix
Halo Minerals Plc HALO MINERALS Appendix
Slide 15: Highly experienced team
Highly experienced team | Natural resources M&A, financings, operations and growth Andrew Dennan Frank Jackson Erick Pegot-Ogier Chairman & CEO CFO COO 18+ years investment professional focused on natural 50+ years corporate finance in natural resources & 16+ years executive positions South American
Slide 16: Why Copper? | Energy transition
Why Copper? | Energy transition Global refined copper usage “ Copper, the cornerstone of modern infrastructure and a key driver of the energy transition, is at the heart of the journey toward a greener future. Source: EY Americas “How Copper Companies can drive value amid accelerating energy transit
Slide 17: Why Chile? | Mining is a crucial component of the Chilean economy
Why Chile? | Mining is a crucial component of the Chilean economy Chile is the world’s largest copper Home to world’s largest copper mine Established framework and approval producer (24% global share) and second (Escondida) owned by BHP/Rio Tinto & processes for granting mineral rights, largest lith
Slide 18: Copper Bay Ltd | Dredging operations
Copper Bay Ltd | Dredging operations Tailings suit passive excavation: sandbank erosion (“breaching”) reduces need for cutter-assisted excavation Single-wheel electric suction dredge reclaims beach tailings - a common method used globally in mineral sands and diamond industries Breached tailings lif
Slide 19: Copper Bay Ltd | Geology and mineralisation
Copper Bay Ltd | Geology and mineralisation Tails accumulation ceased over 40 years ago; beach & sub-sea environment weathered and winnowed by wave, chemical & wind action Significantly, much of Copper Sulphide mineralisation has oxidised, especially in upper parts of deposit, making it amenable to
Slide 20: Contacts
Contacts Halo Minerals PLC 85 Great Portland Street First Floor London W1W 7LT United Kingdom E: information@halominerals.co.uk Tavistock (Public Relations) +44 20 7920 3150 20
Slide 21: Site visit | Playa Verde
Site visit | Playa Verde 21