Alchemy Resources Limited · ASX:ALY
Alchemy Resources — Shareholder Meeting (November 2025)
23 slides from Alchemy Resources's shareholder meeting presentation, Nov 21, 2025
Slide 1: Annual General Meeting
Annual General Meeting Strategic opportunities in key precious and base metals belts 21 November 2025 | ASX:ALY James Wilson Chief Executive Officer www.alchemyresources.com.au
Slide 2: Disclaimer
DISCLAIMER Disclaimer This presentation has been prepared by Alchemy Resources Limited (Alchemy or the Company). This document contains background information about Alchemy current at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or compl
Slide 3: Corporate Overview
CORPORATE OVERVIEW ASX: ALY Capital Structure Major Shareholders Shares on Issue: 1,188m Northern Star Resources: 6.6% Share Price: $0.007 Moryton Pty Ltd: 3.7% Market Cap: $8.3m Lowell Resources: 3.9% Cash $791k at 30 September 2025* Top 20 Shareholders: ~43.8% *Additional $500k cash received 29 Oc
Slide 4: A Diversified but Advanced Explorer
A DIVERSIFIED BUT ADVANCED EXPLORER ASX: ALY GOLD COPPER LITHIUM IRON ORE 450koz resources1,2 High grade Cu-Au in NSW Lithium JV with Japanese High grade Hematite at Surface Eastern Goldfields Nickel-Cobalt-Alumina Government agency Mining Lease Resource (JOGMEC) Bryah JV with CYL 100% owned tenure
Slide 5: Alchemy Projects
ALCHEMY PROJECTS ASX: ALY LACHLAN, NSW (ALY 80% / ASX: DVP 20%) • Yellow Mountain – High grade Copper-Gold • Overflow – 342,000oz AuEq resource1 • West Lynn – Ni-Co + High Purity Alumina KARONIE, Kalgoorlie WA • 111,000oz gold resource2 • Lithium joint venture with JOGMEC BRYAH, Western Australia •
Slide 6: NSW Projects
NSW PROJECTS ASX: ALY New South Wales Projects (ALY 80% / DVP 20%) • YELLOW MOUNTAIN (Cu/Au) • High grade Copper at surface, significant RC drill intercepts3 • High grade gold at Melrose • No modern exploration for 40 years until now • OVERFLOW (Au) • 342,000oz AuEq gold resource open along strike a
Slide 7: NSW Projects – Yellow Mountain
NSW PROJECTS – YELLOW MOUNTAIN ASX: ALY RC Drilling in September 2025 yielded exceptional and thick precious and base metals intercepts. BEST RESULTS3 • YMRC004: 113m @ 1.17% CuEq - 0.37g/t Au, 24.3g/t Ag, 0.33% Cu, 0.86% Pb, 1.23% Zn from 43m • Incl. 10m @ 2.16% CuEq - 0.47g/t Au, 54.6g/t Ag, 0.48%
Slide 8: NSW Projects – Yellow Mountain
NSW PROJECTS – YELLOW MOUNTAIN ASX: ALY • Yellow Mountain has significant potential for a larger mineralised system. • Depth and strike extensions have not been effectively tested. Best Results3 • YMRC004: 113m @ 1.17% CuEq - 0.37g/t Au, 24.3g/t Ag, 0.33% Cu, 0.86% Pb, 1.23% Zn from (43 to 156m) • I
Slide 9: NSW Projects – Overflow
NSW PROJECTS – OVERFLOW ASX: ALY OVERFLOW • 342,000oz Maiden Resource at 1.3g/t AuEq1 • High grade historic drill intercepts intercepts6 • 6m @ 7.6g/t Au, 3.6% Zn, 1.6% Pb • 10m @ 4.4g/t Au, 3% Zn, 1.3% Pb • Recent mapping and sampling returned high grade intercepts7: • Regional potential remains un
Slide 10: NSW Projects – Overflow
NSW PROJECTS – OVERFLOW ASX: ALY OVERFLOW • 342,000oz Maiden Resource1 • Numerous high grade gold assays7 • Mineralisation traced over 700m strike • Open along strike and at depth • Planning underway for further work in 2026
Slide 11: Western Australia: Bryah Basin – Gold and Iron Ore
WESTERN AUSTRALIA: BRYAH BASIN – GOLD AND IRON ORE ASX: ALY GOLD • Catalyst Metals Joint Venture (ALY 20%, CYL 80%) • Significant strategic tenure in a world class gold province IRON ORE • Option signed with Newcam Minerals over Iron Ore assets8 • Valley Bore prospect • Mapped high grade iron ore ov
Slide 12: Western Australia: Bryah Basin – Gold JV / Iron Ore
WESTERN AUSTRALIA: BRYAH BASIN – GOLD JV / IRON ORE ASX: ALY GOLD (ALY 20%, CYL 80%) • Multiple advanced assets including Wilgeena (previously test mined) • Significant high grade gold opportunity • Free carried to a decision to mine • 1% NSR on Hermes production IRON ORE • Valley Bore prospect8 • >
Slide 13: Bryah Basin – Iron Ore Newcam Transaction
WESTERN AUSTRALIA: BRYAH BASIN – IRON ORE ASX: ALY NEWCAM TRANSACTION8 • Binding Term Sheet executed with Newcam Minerals over iron ore assets • Newcam is a private company with diverse assets including iron ore mining operations Newcam subscribed for 10m shares in ALY @ 2.5c Option payment of $
Slide 14: Bryah Basin – Valley Bore Iron Ore Project
BRYAH BASIN – VALLEY BORE IRON ORE ASX: ALY VALLEY BORE IRON ORE PROJECT • 2km of outcropping hematite • Mineralisation 20-80m wide at Southern Ridge • Exceptional rock-chip assays up to 65.3% Fe8 • Low impurities – high quality product • Mineralisation continues under shallow cover • High grades re
Slide 15: Western Australia: Gold and Lithium
WESTERN AUSTRALIA: GOLD AND LITHIUM ASX: ALY A STRATEGIC POSITION IN A WELL-ENDOWED PRECIOUS AND BATTERY METALS BELT KARONIE – 100% ALY: GOLD AND LITHIUM • Gold Resources of 111koz Au1 • ALY ground surrounds the Manna Lithium Deposit (ASX: GL1) • Farm in and Joint Venture agreement executed with Jap
Slide 16: Karonie: Lithium JOGMEC Joint Venture
KARONIE: LITHIUM JOGMEC JOINT VENTURE ASX: ALY HIGHLY PROSPECTIVE LITHIUM TENURE • Large areas of lithium in soil anomalism • Farm-in fully funded by JOGMEC • Alchemy surrounds Global Lithium Resources Manna deposit (ASX: GL1) • Spodumene and Lepidolite identified at numerous locations on ALY ground
Slide 17: Western Australia: Gold – Lake Rebecca
WESTERN AUSTRALIA: GOLD ASX: ALY LAKE REBECCA – 100% ALY • Tightly held belt largely held by major mining companies (NST/RMS) • Thick transported cover hampers soil geochemistry • Recent discoveries highlight the upside potential of the district • 100% ownership by Alchemy • Drill targeting underway
Slide 18: 2025 Indicative Exploration Timeline – Strong Pipeline of News Flow
2025 INDICATIVE EXPLORATION TIMELINE – STRONG PIPELINE OF NEWS FLOW* KARONIE (ALY 100%) September October November December Aircore drilling Assays – Plan follow-up RC drilling Lithium targets (JOGMEC JV) Planning for Karonie and Lake Rebecca targets Gold targets BRYAH BASIN (ALY 20%) Catalyst Metal
Slide 19: Alchemy – Investment Thesis
ALCHEMY – INVESTMENT THESIS ASX: ALY Unique Position with significant Funding in place to test high strategic tenure in key belts. impact targets Focus near term on copper-gold assets Experienced team with proven M&A and iron ore. Projects with potential to and operational track record. transform AL
Slide 20: Appendix 1: Mineral Resources
Appendix 1: Mineral Resources Table A: Hermes South Joint Venture Indicated and Inferred Mineral Resource Estimate (compliant with the JORC Code 2012 guidelines) Notes: • Joint Venture resource estimate reported on a 100% basis (Superior Gold 80%, Alchemy Resources 20%). • Top-cuts were applied to t
Slide 21: Appendix 1: Mineral Resources
Appendix 1: Mineral Resources Table D: Karonie Project Inferred Resource Table E: Overflow Project Inferred Resource Notes: • All figures rounded to reflect the appropriate level of confidence (apparent differences may occur due to rounding) • Refer to Alchemy ASX announcement dated 20 October 2023
Slide 22: Appendix 1: Estimation of gold and copper equivalents
Appendix 1: Estimation of gold and copper equivalents Overflow Resource estimate cut-off grades, commodity prices and recovery estimates Yellow Mountain Copper Equivalent cut-off grades, commodity prices and recovery estimates used used • Refer to Alchemy ASX announcement dated 1 October 2025 • Cut-
Slide 23: Enquiries and Contact
ASX: ALY ENQUIRIES: CONTACT: JAMES WILSON, CEO E: james@alchemyresources.com.au P: 08 9481-4400 W: alchemyresources.com.au
Alchemy Resources — Shareholder Meeting (November 2025) on 6ix