Win Metals Ltd · ASX:WIN

Win Metals — Non-Deal Roadshow (October 2025)

17 slides from Win Metals's roadshow presentation, Oct 21, 2025

  1. Slide 1: A Golden Time, Golden Opportunity

    ASX:WIN winmetals.com.au For personal use only A Golden Time, Golden Opportunity October 2025 - SE Asia Non-deal Roadshow

  2. Slide 2: Important Notice and Disclaimer

    Important Notice and Disclaimer This Presentation has been prepared by WIN Metals Limited (“WIN” or the “Company”) to assist in informing interested parties or reliance on this presentation or its contents or otherwise arising in connection with it, including without limitation, any liability about

  3. Slide 3: Project Portfolio - Diversified with near term production potential

    Project Portfolio - Diversified with near term production potential Four distinct project areas in Western Australia focused on exploring and developing resources in For personal use only gold, nickel and lithium • Radio Gold Mine – Latest Acquisition, drilling currently • Butchers Creek Gold Projec

  4. Slide 4: RADIO Mine Acquisition - Near term production potential

    RADIO Mine Acquisition - Near term production potential Historical production +71Koz @ 38.5g/t Au from 1918 to 1974 For personal use only 10km2 mining tenements. Fully permitted mine- decline developed 330m, 200m ore development. Production stopes ready Mobile & Fixed Mining Equipment- Jumbos, loade

  5. Slide 5: Open Pit - Near surface gold prospectivity highlighted

    Open Pit - Near surface gold prospectivity highlighted 9,000m RC drill program, currently 50% complete and designed to: For personal use only • Establish Radio Repeater and Radio South resources; and • Confirm and Expand Radio Central mine resource Project very lightly explored to date. This investm

  6. Slide 6: Development Potential - Significant sunk capital evident in UG

    Development Potential - Significant sunk capital evident in UG Consider concurrent Open pit/UG development & other opportunities. Processing optionality - Toll or gravity onsite (+ 85% Gravity recoverable gold), partially completed For personal use only Processing facility constructed with permitted

  7. Slide 7: ASSET Rich Acquisition- Retain and use or partially divest

    ASSET Rich Acquisition- Retain and use or partially divest $$ For personal use only WIN METALS 7

  8. Slide 8: Butchers Creek: Background

    Butchers Creek: Background For personal use only • Halls Creek region was the site of the first gold rush in Western Australia mid 1880’s. • Butchers Creek located 30km south-east of Halls Creek in the Kimberley region of Western Australia. • Accessible via the partially sealed Duncan Road that conn

  9. Slide 9: Butchers Creek Gold Project: Mineral Resource

    Butchers Creek Gold Project: Mineral Resource Resource Tonnes Contained Deposit Last Update Au g/t Classification (Mt) Gold (Oz) Indicated 3.58 2.24 258,000 For personal use only Butchers Apr-25 Creek Inferred 1.65 1.18 63,000 Golden Jun-21 Inferred 0.40 3.10 38,000 Crown Indicated + Total 5.63 1.98

  10. Slide 10: Drilling Delivers High Grade Results - Down Plunge Potential Confirmed

    Drilling Delivers High Grade Results - Down Plunge Potential Confirmed • Drilling confirms mineralisation remains open down plunge with the potential for resource growth • Strong coherent zones of gold mineralisation3 from first For personal use only program reported including: 24BCRC002 66m @ 1.89g

  11. Slide 11: Butchers Creek Scoping Study- Getting prepared to mine

    Butchers Creek Scoping Study- Getting prepared to mine For personal use only Open Pit cutback Rock Fill Stopes Haulage Decline Cemented Rock Fill Pillars Vent Decline WIN METALS Open Stopes 11

  12. Slide 12: Golden Crown – Test strike & depth extent

    Golden Crown – Test strike & depth extent….still to come • 2km of mineralised strike within syenite host unit • Shallow RC drilling planned to unlock open pit potential along strike 9,000m planned For personal use only • Current Resource 38koz at 3.10g/t Au limited to a depth of 100m Significant His

  13. Slide 13: Retaining Optionality and Preserving Latent Value

    Retaining Optionality and Preserving Latent Value Nickel and Lithium 240km2 granted mining leases covering the highly prolific Widgiemooltha Dome, For personal use only with exposure to two critical minerals. Mt Edwards Nickel Project Significant resource, upgraded through drilling, Scoping Study co

  14. Slide 14: Board and Management

    Board and Management Andrew Parker Steve Norregaard For personal use only Non-Executive Chair Managing Director & CEO Andrew holds a Bachelor of Laws (LLB) degree from the Steve is an experienced resources industry executive, University of Western Australia and has significant company director, and

  15. Slide 15: WIN Metals Ltd

    WIN Metals Ltd Issued Capital- 687,961,543 Shares For personal use only Unlisted Options/rights- 184,567,362 Share Price 20/10- $0.045 Market Cap- $31M WIN METALS 15

  16. Slide 16: WINMETALS.COM.AU

    WINMETALS.COM.AU For personal use only Level 4, 220 St Georges Tce, Perth, WA 6000 +61 8 63817250 WIN METALS info@winmetals.com.au ASX: WIN 16

  17. Slide 17: Mt Edwards Nickel and Faraday Lithium Resources

    Mt Edwards Nickel and Faraday Lithium Resources For personal use only WIN Metals Mt Edwards Nickel Resource Estimate All Resources reported at 1.0% Ni cut-off except for WTS, Widgie 3, Gillett and Armstrong which are reported at 0.7% Ni cut- off. Tonnes and grade have been rounded to reflect the rel

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