Paterson Resources Limited · ASX:PSL

Paterson Resources — Shareholder Meeting (November 2023)

22 slides from Paterson Resources's shareholder meeting presentation, Nov 24, 2023

1. Slide 1: Targeting World-Class Gold and Copper Deposits in Australia

   Targeting World-Class Gold and Copper For personal use only Deposits in Australia AGM Presentation 24 November 2023 | ASX:PSL 1

2. Slide 2: Company Disclaimer

   COMPANY DISCLAIMER This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This presentation does not tak

3. Slide 3: Capital Structure and Board of Directors and Management

   CAPITAL STRUCTURE AND BOARD OF DIRECTORS AND MANAGEMENT ASX Code Board of Directors 1 Year Share Price (as at 23/11/2023) For personal use only PSL Nick Johansen, Chairman As at 23/11/2023 Nick has extensive mining experience, ranging from junior Share Price $0.033 exploration to production, across

4. Slide 4: Paterson Project Portfolio

   PATERSON PROJECT PORTFOLIO For personal use only Project Location Tenement Interest held Name Licences by Group Grace WA E45/4524 100% Grace WA E45/5130 100% Burraga NSW EL6463 100% Burraga NSW EL6874 100% Burraga NSW EL7975 100% Burraga NSW EL8826 100% Burraga NSW EL9135 100% ASX:PSL | 4 4

5. Slide 5: Paterson Project Portfolio (Cont..)

   PATERSON PROJECT PORTFOLIO ( Cont..) GRACE GOLD PROJECT - WA BURRAGA COPPER-GOLD PROJECT - NSW For personal use only  Acquired in Dec 2017, the Grace Project is  Situated in the prolific Lachlan fold belt in located in the world-class Paterson Province NSW and in close proximity to Newcrest’s in W

6. Slide 6: Grace Advanced Gold Project in world-class Paterson Province (WA)

   GRACE For personal use only ADVANCED GOLD PROJECT in world-class Paterson Province (WA)

7. Slide 7: Grace - Location

   GRACE - LOCATION THE WORLD-CLASS PATERSON PROVINCE SURROUNDED BY TIER 1 WORLD-CLASS GOLD-COPPER MINES AND PROCESSING For personal use only In the heart of the highly prospective Paterson Province, with neighbouring Tier 1 groups such as Newmont, Greatland Gold, Rio Tinto and Cyprium  TELFER GOLD-CO

8. Slide 8: Grace Gold Project: 2023 Drilling Campaign Completed

   GRACE GOLD PROJECT 2023 DRILLING CAMPAIGN COMPLETED  Located in the world-class Paterson Province in WA, tenements cover ~ 345km2.  The project was previously explored by Newcrest For personal use only Mining which identified outcropping gold and copper mineralisation at the Bemm and Grace Prospec

9. Slide 9: Grace Gold Project: High-Grade Gold Intercepts Continue

   GRACE GOLD PROJECT HIGH-GRADE GOLD INTERCEPTS CONTINUE  Significant gold intercepts from the 2023 drilling campaign1 include: 35m @ 19m @ 18m @ 26m @ 3m @ 9m @ For personal use only 2.34 g/t 2.44 g/t 1.34 g/t 0.79 g/t 2.69 g/t 1.26 g/t from 91m from 145m from 73m from 154m from 93m from 148m Includ

10. Slide 10: 23PRC001 and 23PRC013 Cross Section

    GRACE GOLD PROJECT 23PRC001 AND 23PRC013 CROSS SECTION For personal use only High-grade gold mineralisation intersected in 23PRC013 extends previous thick, multiple lodes along strike to the Hole 23PRC0131 northwest providing a high priority target 35m @2.34g/t from 91m incl 17m @4.57g/t from 98m in

11. Slide 11: Grace Gold Project: Next Steps

    GRACE GOLD PROJECT NEXT STEPS All 1m drill samples have been submitted to ALS Laboratory in Perth for gold only via fire assay to expedite the assaying For personal use only process. Following on from the successful 2023 RC drilling campaign at the Grace Gold-Copper Project, Paterson will:  Conduct

12. Slide 12: Advanced Copper-Gold Project, NSW

    BURRAGA For personal use only ADVANCED COPPER-GOLD PROJECT, NSW 12

13. Slide 13: Burraga Overview

    BURRAGA COPPER-GOLD PROJECT OVERVIEW  Located in the prolific Lachlan fold belt in NSW, the Burraga Project comprises For personal use only four exploration licences  About 2km South of Burraga Village is the historic Lloyds Copper Mine, which between 1880 and 1920, produced 19,443t of Copper from

14. Slide 14: Gold Mine Non-JORC Resources

    BURRAGA COPPER-GOLD PROJECT GOLD MINE NON-JORC RESOURCES Prospect Category Tonnes g/t Au Au Metal (oz) For personal use only Measured Indicated Hackney's Creek Inferred 2,210,000 1.4 102,300 Total 2,210,000 1.4 102,300 Measured Indicated Lucky Draw Inferred 470,000 1.4 31,700 Total 470,000 1.4 31,70

15. Slide 15: Lloyd's Copper Mine JORC Resource

    BURRAGA COPPER-GOLD PROJECT LLOYD’S COPPER MINE JORC RESOURCE Prospect Category Tonnes Cu {%) Au {g/t) Ag {g/t) Zn {%) Cu Metal (t) For personal use only Measured 80,000 1.0 0.1 5 0.2 800 Lloyds Copper Indicated 910,000 0.8 0.1 7 0.2 7,130 Mine (0.3% Cu Inferred 320,000 0.7 0.1 5 0.1 2,200 cutoff) T

16. Slide 16: Lloyds Copper Mine Tenements

    BURRAGA COPPER-GOLD PROJECT LLOYDS COPPER MINE TENEMENTS For personal use only ASX:PSL | 16 16

17. Slide 17: Lloyd's Copper Mine

    BURRAGA COPPER-GOLD PROJECT LLOYD’S COPPER MINE  Recent studies on the mineralisation and alteration in and near the historic Lloyds For personal use only Copper Mine suggest the Burraga deposits may represent structurally controlled, deep, low sulphidation epithermal copper-gold grading to a carbo

18. Slide 18: Callinore Prospect

    BURRAGA COPPER-GOLD PROJECT CALLINORE PROSPECT  The Company’s technical team identified three highly prospective targets (pictured For personal use only right) along strike of the Lloyds copper mine on EL6463 that were the focus of a soil sampling survey during 2023.  The Callinore Prospect is a n

19. Slide 19: Callinore Prospect (cont..)

    BURRAGA COPPER-GOLD PROJECT CALLINORE PROSPECT (cont..)  The Callinore Prospect is located along the regionally significant Callinore Fault. For personal use only  This significant structural corridor extends further south, hosting the Lloyds copper mine, and may present a possible pathway for met

20. Slide 20: Callinore Prospect (cont..)

    BURRAGA COPPER-GOLD PROJECT CALLINORE PROSPECT (cont..)  From the 158 samples collected a total of 5 samples returned values above the 97.5 percentile, peaking at 1,325ppm copper For personal use only  The distinct copper-in-soil anomaly extends for a strike of 1.5km over widths up to 800m and rem

21. Slide 21: Next Steps

    BURRAGA COPPER-GOLD PROJECT NEXT STEPS  The coincident copper-in-soil anomaly at the Callinore Prospect represents a high-priority For personal use only target for further delineation to progress the area to drill-ready status.  Plan further infill geochemical sampling and follow-up ground geophys

22. Slide 22: For personal use only

    For personal use only Suite 11 Level 2, 23 Railway Rd, Subiaco WA 6008 +61 (08) 6559 1792 www.patersonresources.com.au

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