Minerals 260 Limited · ASX:MI6
Minerals 260 — Shareholder Meeting (November 2025)
19 slides from Minerals 260's shareholder meeting presentation, Nov 21, 2025
Slide 1: AGM – Chair's Address and Managing Director's Presentation
ASX RELEASE I 21 NOVEMBER 2025| ASX:MI6 AGM – Chair’s Address and Managing Director’s Presentation Minerals 260 Limited (ASX:MI6) (“Minerals 260” or “the Company”) provides in accordance with Listing Rule 3.13.3, the Chair’s Address and the Managing Director’s Presentation which will be delivered at
Slide 2: Chair's Address – 2025 Annual General Meeting
21 November 2025 CHAIR’S ADDRESS – 2025 ANNUAL GENERAL MEETING Good morning everyone and thank you for joining us today for Minerals 260’s Annual General Meeting. At last year’s AGM, we outlined a clear strategy, to bring a high-quality, advanced stage, company-making asset into our portfolio. It is
Slide 3: Chair's Address (continued)
Operating Officer, matching capability to ambition as we move through feasibility studies towards the ultimate goal of operations. • Commenced metallurgical test-work, with initial results indicating improved recoveries at finer grind sizes. • Commenced the Pre-Feasibility Study, with workstreams in
Slide 4: Annual General Meeting Managing Director Presentation
ASX: MI6 Annual General Meeting Managing Director Presentation 21 November 2025 Luke McFadyen, CEO and Managing Director
Slide 5: Important Notes and Disclaimer
Important Notes and Disclaimer Overview Competent Person Statement This presentation contains summary information about Minerals 260 Limited (ACN 650 766 911) (Company) and is current as of the cover date. The The information in this presentation that relates to the Mineral Resource Estimate for the
Slide 6: Minerals 260 is aiming to become a significant gold producer
Minerals 260 is aiming to become a significant gold producer through the development and operation of the Bullabulling Gold Project Corporate Summary Project Strategy • Acquired the Bullabulling Gold Project in April • Grow the resource through 110,000m of 2025 for AUD$166.5M. drilling in 2025. • Fi
Slide 7: 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% Unlisted Options & 8% Performance Rights ~52M Tim Goyder, Chairman 7.3% Share Price 31c Franklin Templeton 5.8% 32% Market Capitalisation ~$660M 60%
Slide 8: In 2025, Minerals 260 delivered on its commitment to rapidly progress Bullabulling
In 2025, Minerals 260 delivered on its commitment to rapidly progress Bullabulling; 2026 will continue to build on this momentum Significant Announcements during 2025 Expected Announcements in 2026 Exploration ✓ Results Project ✓ Updates Completion of Pre ✓ Feasibility Study Maiden Ore ✓ Reserve Upd
Slide 9: Drilling results, resource upgrade and accelerated study phase will de-risk and unlock value
Drilling results, resource upgrade and accelerated study phase will de-risk and unlock value Historical Work Accelerated drilling, study Indicative Development Plan1 and permitting phases enabled by significant work already done, including: 2025 2026 2027 2028 ~530,000m Resource Update Transaction C
Slide 10: 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 11: 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 • 586sq km tenement package. jurisdiction • Mineral Resources situated within granted mining leases. • Native Title Land Use Agreement. • Min
Slide 12: 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 13: 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 14: Targeting depth and strike extensions, regional targets and in-filling the resource
Minerals 260 is targeting depth and strike extensions, regional targets and in-filling 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 Phoenix
Slide 15: 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 16: Drilling continues to extend known gold mineralisation
Drilling continues to extend known gold mineralisation Bullabulling resource showing key intercepts and with planned and completed Minerals 260 drill collars Minerals 260 Limited 13
Slide 17: Project development benefits from significant historical work, targeting first production in 2028
Project development benefits from a significant amount of historical work, targeting first production in 2028 People Resource Water • CDO and COO appointed. • 530,000m historically drilled. • Historical bores to be • Focused on building internal • 110,000m of drilling by MI6. rehabilitated. technica
Slide 18: Minerals 260's value proposition and leverage to the AUD gold price
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, one of Australia’s largest undeveloped gold projects • Updated MRE in December 2025 • Study o
Slide 19: Bullabulling Mineral Resource of 60.3Mt @ 1.2g/t Au for 2.3Moz
Appendix 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