Javelin Minerals Limited · ASX:JAV
Javelin Minerals — RIU Explorers Conference 2026
20 slides from Javelin Minerals's conference presentation, Feb 17, 2026
Slide 1: Countdown to Production and Cashflow on Edge of Kalgoorlie
Countdown to For personal use only Production and Cashflow on Edge of Kalgoorlie • Eureka mining contract signed – operations fully financed $25m by MEGA, no JAV funding requirement • Javelin to receive 50% of Eureka profit, including $250k/month prepayments to fast track cashflow • Eureka gold mini
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Javelin Minerals Ltd (“Company”). It any corresponding provision of any Australian state or territory legislation (or unknown risks. The performance and operations of the Company may be For personal use only does not purport to contain all the inform
Slide 3: Javelin: Highly Leveraged to Eureka Production Cashflow
Javelin: Highly Leveraged to Eureka Production Cashflow • For personal use only Eureka Gold Project targeted for first ore mining operations in Q2 2026 • Eureka JORC resource of 110,687 oz at 1.69 g/t Au, inc Indicated Resources of 78,678 oz at 1.80 g/t Au – increased by 27% with new MRE July 25 • 1
Slide 4: Corporate Snapshot
Corporate Snapshot For personal use only Board & Management Shares on Issue Market Cap Share price 261.6M $35M 13.5c Options – Perf Rights Cash Position JAVOA, Unlisted Brett Mitchell Executive Andrew Rich Non-Executive Peter Gilford Non-Executive 15.1M ~$4.2M 129M Chairman Director Director 0.18 7
Slide 5: Eureka Gold Project
For personal use only Eureka Gold Project 50km north of Kalgoorlie 5 Javelin Minerals Ltd | ASX:JAV
Slide 6: Eureka Open Pit - May 2025
For personal use only Eureka Open Pit- May 2025 6 Javelin Minerals Ltd | ASX:JAV
Slide 7: Eureka Gold Project - History
Eureka Gold Project - History • Four (4) Granted Mining Leases For personal use only • Located 50km north of Kalgoorlie, 20km north of Paddington Mill • Several historical mining phases with +32,000 oz Au mined • Very high gold recovery within oxide and transition zones of 95% and fresh rock recover
Slide 8: Eureka - MEGA Resources Mining, Profit Share Agreement
Eureka - MEGA Resources Mining, Profit Share Agreement For personal use only • Right To Mine Agreement signed with leading contractor MEGA, securing 100% financing for the Eureka Project along with mining, transport, geological and engineering services • MEGA to provide up to $25m capital to fund Eu
Slide 9: Eureka Gold Project – Updated MRE July 2025
Eureka Gold Project – Updated MRE July 2025 For personal use only • Updated Mineral Resource Estimate (July 2025) stands at 2.04Mt at 1.69g/t Au for 110,687oz Au; delivering 16% Grade increase • The updated MRE includes an Indicated Resource of 1.36Mt at 1.80g/t Au for 78,678oz Au; 27% increase on t
Slide 10: Eureka Gold Project – Near Term Production Cashflow
Eureka Gold Project – Near Term Production Cashflow For personal use only • New Mining Plan delivering recoverable ounces from the Indicated Resource around the Eureka Pit • Land Use Agreement executed with Marlinyu Ghoorlie at Eureka and Coogee • Mining Development and Closure Proposal submission l
Slide 11: Eureka Gold Project – Significant Exploration Potential
Eureka Gold Project – Significant Exploration Potential For personal use only • Eureka had no recent exploration activities Javelin’s RC drilling program in May 2025 • High grade drill intercepts to the north of the Eureka Pit, include: ➢ 4m @ 134.52 g/t Au from 53m ➢ 3m @ 48.75 g/t Au from 129m ➢ 4
Slide 12: Coogee Gold Project
For personal use only Coogee Gold Project 55km southeast of Kalgoorlie 12 Javelin Minerals Ltd | ASX:JAV
Slide 13: Coogee Gold Project - History
Coogee Gold Project - History For personal use only • Coogee Gold Mine on granted Mining Lease, with 5 nearby EL’s and 4 ELA’s with priority exploration targets • Ramelius operated Coogee in 2013/14, mining 147,400 tonnes at 4.77 g/t Au for 20,400 ounces Au • Updated Inferred Gold-Copper MRE: ➢ 3.65
Slide 14: Coogee Gold Project - History
Coogee Gold Project - History For personal use only • Gold mineralisation extends 1.2km along strike and more than 225m vertically • Separate Au and Au-Cu mineralisation. Au-only plunges to southwest; Au-Cu plunges to the northwest • Within an emerging area of the Eastern Goldfields with coincident
Slide 15: Priority Gold-Copper drill targets at Coogee
Priority Gold-Copper drill targets at Coogee • Historic drilling defined two magnetic mineralised Au- For personal use only Cu trends north and west of the Coogee Deposit • Mineralisation associated with magnetite+pyrite in fresh rock • 5 EL's with compelling exploration targets still to be drill te
Slide 16: Fully Funded Exploration Strategy, Eureka Profit Streams to start 2026
Fully Funded Exploration Strategy, Eureka Profit Streams to start 2026 • Javelin strong cash position, fully funded ~$4.2m in bank For personal use only • Javelin to receive monthly profit prepayment of $250,000 cash from start of processing ore, expected from Q3 2026 • Eureka Mining ~18-month opera
Slide 17: Compelling WA Goldfields Investment Proposition
Compelling WA Goldfields Investment Proposition Javelin’s dual strategy for delivering growth on Enterprise Value for Shareholders: For personal use only ➢ Near-term production – 18-month mining operation, planned start to Eureka Q2 2026 ➢ Fully funded w ~$4.2m cash - fast track priority exploration
Slide 18: Eureka and Coogee Mineral Resource
Eureka and Coogee Mineral Resource For personal use only Tonnage Grade Contained Metal Classification (t) (g/t Au) (Oz Gold) Indicated 1,359,500 1.80 78,677 EUREKA Inferred 682,088 1.46 32,010 TOTAL 2,041,588 1.69 110,687 Indicated 963,242 1.31 40,563 COOGEE Inferred 2,691,589 1.00 89,122 TOTAL 3,65
Slide 19: For further information
For personal use only For further information: Brett Mitchell Paul Armstrong Executive Chairman Investor Relations Javelin Minerals Ltd Read Corporate +61 8 6319 1900 paul@readcorporate.com.au info@javelinminerals.com.au 19 Javelin Minerals Ltd | ASX:JAV
Slide 20: References
References: For personal use only ASX ANNOUNCEMENTS • 11/11/2025 – (ASX: JAV) New Eureka Drilling Program to Commence in November • 28/10/2025 - (ASX: JAV) New Strong Coogee Exploration Targets • 27/10/2025 – (ASX: JAV) JAV signs Land Use Agreement - Eureka & Coogee Gold Projects • 17/09/2025 – (ASX