Minerals 260 Limited · ASX:MI6
Minerals 260 — ASX SMIDcaps Conference 2025
17 slides from Minerals 260's conference presentation, Sep 24, 2025
Slide 1: Advancing one of Australia's largest undeveloped gold projects
ASX: MI6 Advancing one of Australia’s largest undeveloped gold projects 2.3Moz Bullabulling Gold Project Luke McFadyen, CEO and Managing Director ASX SMIDcaps Conference, Sydney 24 September 2025
Slide 2: Important Notes and Disclaimer
Important Notes and Disclaimer Overview This presentation contains summary information about Minerals 260 Limited (ACN 650 766 911) (Company) and is current as of the cover date. The Competent Person Statement information in this presentation is of a general background and does not purport to be com
Slide 3: Minerals 260 (ASX: MI6) Corporate Overview
Minerals 260 (ASX: MI6) Corporate Overview Corporate Structure1 Substantial Shareholders2 Shareholder Profile Shares on Issue 2,150M Samuel Terry 7.4% 8% Unlisted Options 43.85M Tim Goyder, Chairman 7.3% Share Price 21.5c BlackRock 6.8% 32% Market Capitalisation $462M 60% Franklin Templeton 5.8% Cas
Slide 4: Gold is still the best hedge against inflation, currency depreciation and economic uncertainty
Gold is still the best hedge against inflation, currency depreciation and economic uncertainty Why Gold Gold Price Change Since 2021 • Gold price recently surpassed its previous CPI-adjusted peak, reaching US$3,684oz and AUD$5,580oz. Momentum • In USD terms, gold is up ~30% year-to date through end
Slide 5: Value proposition: leverage to AUD gold price, resource growth and near-term production target
Minerals 260’s (ASX: MI6) value proposition is significant leverage to the AUD gold price, resource growth and near-term production target Minerals 260 Summary Bullabulling Gold Project Aerial View • Become a significant gold company through the exploration, development Strategy and operation of the
Slide 6: Minerals 260 is led by an experienced and proven team
Minerals 260 is led by an experienced and proven team Board of Directors Tim Goyder Luke McFadyen David Richards Emma Scotney Stacey Apostolou Non-Executive Chairman CEO & Managing Director Non-Executive Director Non-Executive Director Non-Executive Director Chairman and major shareholder of Former
Slide 7: Significant historical work sets the foundations for accelerated growth
Significant historical work sets the foundations for accelerated growth Bullabulling Gold Project Ownership History Anaconda & Valiant & Hill Central Kalgoorlie Azuex & GGG Union JV Minerals JV Gold Mines NL Resources JV 1966 - 1968 1972 - 1984 1985 - 1989 1985 - 1992 1993 - 2001 2002 - 2009 2010 -
Slide 8: Located in the heart of the Eastern Goldfields, Western Australia
Located in the heart of the Eastern Goldfields, Western Australia Bullabulling Gold Project Location 65km from Kalgoorlie, the Gold One of the best jurisdictions Capital of Australia globally for mining investment1 Proximate to power, roads, WA has 134 operating mines, 49 are water and skilled labor
Slide 9: Bullabulling is a large-scale gold development project
Bullabulling is a large-scale gold development project Bullabulling Gold Project Project Summary • 65km from Kalgoorlie, the gold capital of Australia. Tier 1 • 571sq km tenement package. jurisdiction • Mineral resources situated within granted mining leases. • Native Title Land Use Agreement. • Min
Slide 10: 2.3Moz Mineral Resource is supported by +12,300 drill holes
2.3Moz Mineral Resource is supported by +12,300 drill holes Bullabulling Gold Project Mineral Resource Gibraltar Dicksons Phoenix Bacchus Kraken Bullabulling Mineral Resource (JORC 2012) 1km Category Tonnes Grade Contained Mt g/t Au Moz Au Indicated 39 1.1 1.4 Inferred 21 1.3 0.9 Total 60 1.2 2.3 Mi
Slide 11: 110,000m of drilling by MI6 is targeting depth and strike extensions
110,000m of drilling by MI6 is targeting depth and strike extensions, as well as infilling the existing 2.3Moz resource Bullabulling Gold Project Planned Drilling Locations 5 Regional targets Dicksons Gibraltar Phoenix 4 Bacchus – Kraken Strike Bacchus and depth extensions 1 Dicksons and Kraken Phoe
Slide 12: Drilling at Bullabulling Gold Project
Drilling at Bullabulling Gold Project Intersecting some of the highest gram x metres in the history of the project. Drilling continues to reinforce the robustness of the MRE. Extending mineralisation at depth across all deposits. Continuing to intersect gold mineralisation beneath the key deposits o
Slide 13: Drilling has reinforced the existing MRE and continues to extend mineralisation
Drilling has reinforced the existing MRE, and continues to extend known gold mineralisation at all deposits Bullabulling resource showing grades, key intercepts and Minerals 260 drill collars Minerals 260 Limited 13
Slide 14: Project development benefits from historical work, targeting first production in 2028
Project development benefits from a significant amount of historical work, MI6 is targeting first production in 2028 People Resource Water • CDO and COO appointed. • 530,000m historically drilled. • Historical bores in place. • Focused on building internal • 110,000m of drilling by MI6. • Tenure ove
Slide 15: Drilling results, resource update and accelerated study phase will de-risk and unlock value
Drilling results, resource update and accelerated study phase will de-risk and unlock value at the Project Historical Base Accelerated drilling, study Indicative Development Plan1 and permitting phases enabled by significant work already done, including: 2025 2026 2027 2028 ~530,000m Resource Update
Slide 16: Value proposition: leverage to AUD gold price, resource upside and near-term production target
Minerals 260’s (ASX: MI6) value proposition is the significant leverage to the AUD gold price, resource upside from 110,000m of drilling and a near-term production target • 2.3Moz Bullabulling Gold Project is one of Australia’s largest undeveloped gold projects • 110,000m of drilling (70,000m comple
Slide 17: Bullabulling Mineral Resource of 60.3Mt @ 1.2g/t Au for 2.3Moz
Bullabulling Mineral Resource of 60.3Mt @ 1.2g/t Au for 2.3Moz Bullabulling Mineral Resource Estimate as of December 20241 Indicated Inferred TOTAL By Area Tonnes (Mt) Grade (Au g/t) Ounces (koz) Tonnes (Mt) Grade (Au g/t) Ounces (koz) Tonnes (Mt) Grade (Au g/t) Ounces (koz) NORTH Bacchus 8.5 1.2 33