Polymetals Resources Ltd. · ASX:POL

Polymetals Resources — IPO Roadshow (May 2021)

23 slides from Polymetals Resources's IPO roadshow presentation, May 2021

  1. Slide 1: Significant gold opportunity within Guinea's Siguiri Basin

    Significant gold opportunity within Guinea’s Siguiri Basin IPO Presentation - May 2021

  2. Slide 2: Disclaimer & Forward-Looking Statements

    Disclaimer & Forward-Looking Statements These presentation materials and the accompanying verbal be required in a prospectus or product disclosure statement or Presentation Materials are qualified by the foregoing cautionary presentation (together, the Presentation Materials) are other offering docu

  3. Slide 3: Introducing Polymetals Resources Ltd

    Introducing Polymetals Resources Ltd Recognised Established Promising Strategic Location Relationships Results Leadership Guinea’s Siguiri Basin hosts Strong and productive 18km2 or 16% of the Board have long term large orogenic gold relationships with licence area hosts +40ppb involvement across de

  4. Slide 4: Guinea's Siguiri Basin

    Guinea’s Siguiri Basin Senegal Mali Guinea - Bissau Operating in Guinea (2019) Increasing focus on highway Infrastructure development Lero-LEFA | NORD Alahiné |POL Mineral potential Geologically fertile and underexplored Siguiri |AGG Mansala|POL Kada | GMR Exploration Tenure Government Interest 3-ye

  5. Slide 5: Strong Relationships

    Strong Relationships Productive relationships with local communities Trusted government relations Committed to encouraging enterprise and improving community infrastructure Kalou Kouloubaly - Mansala Village Chief Corporate Presentation | May 2021 5

  6. Slide 6: Environment, Sustainability & Governance

    Environment, Sustainability & Governance “Committed to the highest international ESG standards” Environment Sustainability Governance Health & Safety ▪ Compliance with Guinea ▪ In-Country workforce 100% ▪ Regular reporting under the ▪ Best practice applied to regulations Guinea nationals Mining Act

  7. Slide 7: Promising Results

    Promising Results Soil sampling and RC drilling completed over two field seasons 18km2 of +40ppb gold anomalism defined Corporate Presentation | May 2021 7

  8. Slide 8: Alahiné Exploration Licence

    Alahiné Exploration Licence FIELD WORK Two Soil sampling programmes and Phase 1 RC Drilling completed TENEMENT AREA 64km2 LICENCE TENURE April 2022 EXPENDITURE TO DATE $2,100,000 GOLD MINERALISATION Orogenic ORE TYPE Oxide Laterite + Primary Active artisanal mining (December 2020) Corporate Presenta

  9. Slide 9: Alahiné – Soil Geochemistry

    Alahiné – Soil Geochemistry 13.4km2 or 20% of the licence area covered by +40ppb gold anomalism. ▪ Areas A, B and C extend over 8 km strike; Area A ▪ Area A – Local artisanal mining activity has exposed vein quartz over approximately 1.5km with a peak soil value of 13.2 g/t gold; ▪ Area B – Current

  10. Slide 10: Alahiné – Artisanal gold workings within Area A

    Alahiné – Artisanal gold workings within Area A Sheeted veining south of Traverse 1, +700m strike by +400m width Intense bleaching (pyrite weathering) Traverse 2, +500m strike by +300m width Corporate Presentation | May 2021 10

  11. Slide 11: Alahiné – Phase 1 Drilling

    Alahiné – Phase 1 Drilling ▪ Phase 1 RC drilling program focussed on Area A; ▪ 21 drill holes for 2,406m on 4 traverses over 1,450m strike; ▪ Hole depth averaged 114m; ▪ Gold mineralisation was intersected over all 4 traverses; and ▪ AHRC014 - best intercept 12m @ 3.09g/t gold (51m of gold mineralis

  12. Slide 12: Alahiné – Phase 1 Drilling

    Alahiné – Phase 1 Drilling Mineralised intercepts Traverse Hole ID >0.5 g/t gold 4 AHRC014 6m @ 0.99g/t from 1m 4 AHRC014 5m @ 0.52g/t from 11m 4 AHRC014 8m @ 0.62g/t from 33m 4 AHRC014 12m @ 3.09g/t from 89m (incl. 4m @ 6.71g/t) 4 AHRC014 3m @ 0.54g/t from 116m 4 AHRC014 3m @ 0.81g/t from 127m 4 AH

  13. Slide 13: Mansala Exploration Licence

    Mansala Exploration Licence FIELD WORK Phase 1 whole of licence Soil sampling completed TENEMENT AREA 48km2 LICENCE TENURE October 2022 EXPENDITURE TO DATE $180,000 GOLD MINERALISATION Orogenic ORE TYPE Oxide Laterite + Primary Historic Artisanal Workings (December 2020) Corporate Presentation | May

  14. Slide 14: Mansala – Key Information

    Mansala – Key Information 5km2 or 10% of the licence area covered by +40ppb gold anomalism. ▪ 10km south of the Alahiné licence and hosting extensive historic artisanal lateritic gold mining; ▪ Phase 1 soil sampling program completed December 2020; ▪ Peak soil assay 93.9g/t gold; and ▪ Infill soil s

  15. Slide 15: Mansala – Soil Geochemistry

    Mansala – Soil Geochemistry 8km 4.8km Mansala Soils Program (December 2020) - Thematically mapped soil gold values over satellite image Note: - Artisanal pits and mining shafts Corporate Presentation | May 2021 15

  16. Slide 16: Board of Directors

    Board of Directors Mr David Sproule Mr Chris Schroor Dr Chris Johnston Non - Exec Chairman Non - Exec Director Non - Exec Director ▪ Mr David Sproule has a Bachelor of ▪ Mr Chris Schroor has a Bachelor of Applied ▪ Dr Christopher Johnston is a first-class honours Metallurgical Engineering from the W

  17. Slide 17: Senior Management

    Senior Management Alex Hanly Vince Fayad Chief Executive Officer Company Secretary & Chief Financial Officer ▪ Mr Alex Hanly has a Bachelor of Mechanical Engineering ▪ Mr Vince Fayad has over 35 years’ experience in and Masters of Business Administration. corporate finance, international M&A, accoun

  18. Slide 18: Corporate Information

    Corporate Information Capital Structure IPO Funding Allocation (Max Subscription) Current Shares on Issue 53,440,000 Exploration - Siguiri Portfolio $4,130,000 R u s s i a IPO Share Price $0.20 Environmental & Consultants $150,000 IPO Shares (Min & Max) 25,000,000 – 35,000,000 Guinea Operations & Lo

  19. Slide 19: ASX Peer Comparison

    ASX Peer Comparison Market Cap (A$m) Enterprise Value & Market Cap EV Peer EV Average $100 $90.5 $80 $58.7 $60 $76.8 $32.0 $40 $25.4 $23.7 $17.7 70% $45.9 $20 $31.4 $20.3 $14.3 $10.9 $0 ASX:PDI ASX:CHZ ASX:GMR ASX:MVL ASX:MKG ASX:POL Project: Bankan Project: Diamba Sud Project: Kada Project: Tabakor

  20. Slide 20: Initial Public Offering – Key Dates

    Initial Public Offering – ASX:POL Key Dates Lodgement of Prospectus with the ASIC 21 April 2021 Exposure Period begins 21 April 2021 Opening Date 29 April 2021 Closing Date 28 May 2021 Issue of Shares under the Offer 04 June 2021 Despatch of holding statements 07 June 2021 Expected date for quotatio

  21. Slide 21: Significant gold opportunity within Guinea's Siguiri Basin

    Significant gold opportunity within Guinea’s Siguiri Basin David Sproule | Chairman Alex Hanly | CEO T: +61 414 618 964 T: +61 448 418 725 E: dave.sproule@polymetals.com E: alex.hanly@polymetals.com www.polymetals.com Suite 6, Level 5, 189 Kent Street, Sydney NSW 2000 Lead Manager: Michael Beer | Di

  22. Slide 22: Appendix 1 – Regional West African Gold Deposits

    Appendix 1 – Regional West African Gold Deposits R u s s i a Corporate Presentation | May 2021 22

  23. Slide 23: Appendix 2 - Siguiri Basin Ground Holdings

    Appendix 2 - Siguiri Basin Ground Holdings Corporate Presentation | May 2021 23

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