Star Minerals Ltd. · ASX:SMS
Star Minerals — Investor Presentation (February 2026)
12 slides from Star Minerals's investor presentation, February 2026
Slide 1: From Explorer to Emerging Near-Term Gold Producer
CORPORATE PRESENTATION | FEBRUARY FROM EXPLORER TO EMERGING NEAR - TERM GOLD PRODUCER 2026 February 2026 starminerals.com.au ASX: SMS
Slide 2: Disclaimer
DISCLAIMER CORPORATE PRESENTATION Disclaimer and Important Information Previously reported information This presentation has been prepared by Star Minerals Limited ABN 53 648 048 631 (Company or Star The information in this presentation relating to : (1) the Updated Scoping Study and the production
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS ASX: SMS CORPORATE PRESENTATION NEAR - TERM HIGH - GRADE GOLD PRICE STRATEGIC PATH TO GOLD RESOURCE, STRENGTH PARTNERS RE - RATING | FEBRUARY PRODUCER FULLY ~A$7,000/oz Au MEGA Resources Transition from FUNDED significantly above and Bain Global micro-cap to cash- 2026 Tumblegu
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT CORPORATE PRESENTATION 222.67M A$0.075 A$16.7M A$15.4M SHARES ON ISSUE SHARE PRICE MARKET CAP ENTERPRISE VALUE (cash ~A$1.26M as at 31 December 2025) | FEBRUARY KEY SHAREHOLDERS Bain Global Resources participated in a 2026 placement at 4.31% and has so far increased to 9.67% throu
Slide 5: Gold Market Tailwinds
GOLD Gold Chart – 1 yr Gold (Au) Value in Australian Dollars ($) per ounce Gold Price in CORPORATE PRESENTATION AUD/oz MARKET Current Price ~A$7,000 TAILWINDS Significant potential for lower and upper range value increase Scoping study completed May | FEBRUARY 2024 at A$3,000–3,800/oz Au. Gold price
Slide 6: Tumblegum South Foundation Asset
TUMBLEGUM SOUTH CORPORATE PRESENTATION FOUNDATION ASSET | FEBRUARY LOCATION: RESOURCE: PRODUCTION SPRINGBOARD 40km south of 616 kt @ 2.28 Target: 11.8 –15.9 FOR CASH Meekatharra on g/t Au for koz Au over ~18 FLOW AND 2026 granted mining 45 koz months. GROWTH lease. (Indicated 337kt @ 2.52 g/t Au and
Slide 7: Exceptional Drilling Results
EXCEPTIONAL DRILLING RESULTS ASX: SMS CORPORATE PRESENTATION | FEBRUARY 2026 5 m @ 30.91 g/t Au (incl. 2 m @ 75.45 g/t Au) Recent high - grade 5m @ 10.85 g/t Au (incl. 2m @ 25.65 g/t Au) hits include: 7m @ 3.28 g/t Au (incl. 1m @ 13.40 g/t Au) 12m @ 2.64 g/t Au (incl. 2m @ 11.23 g/t Au) ASX announce
Slide 8: Regional Gold Milling Options
REGIONAL GOLD MILLING OPTIONS CORPORATE PRESENTATION Many operating Opportunities for | FEBRUARY gold processing tolling or mill plants in the region re - start 2026 Mine schedules being developed with MEGA Resources for discussions with mineral processing operators in the area ASX: SMS
Slide 9: Approvals & Development Timeline
APPROVALS & DEVELOPMENT TIMELINE ASX: SMS CORPORATE PRESENTATION JULY AUG SEPT Q4 Q1 2025 2025 2025 2025 2026 | FEBRUARY Native Vegetation All environmental Mining Approval Receipt of Mining Grade control Clearing Permit and geotechnical application Approval drilling continuing submitted 1 studies c
Slide 10: Deepening Strategic Partnership
DEEPENING STRATEGIC PARTNERSHIP CORPORATE PRESENTATION MEGA Resources Bain Global Resources | FEBRUARY Right to Mine Agreement with MEGA Resources' finance arm - WA-based mining contractor holds 9.67% SMS (associate of BGR Mining & Infra, 2026 one of India’s largest private mining groups). Capital S
Slide 11: Why Invest?
WHY INVEST? CORPORATE PRESENTATION Current position: ~A$17M market cap, low EV and strong cornerstone investors | FEBRUARY 2026 NEAR - TERM STRATEGIC THE BIG CATALYSTS OPTIONALITY PICTURE Transition to gold Partnerships provide From tightly held micro- production, generating the capability to expand
Slide 12: Contact Us
CORPORATE PRESENTATION CONTACT US Ashley Jones Paul Berson | FEBRUARY Managing Director Investor Relations info@starminerals.com.au paul@corporatestorytime.com 2026 +61 8 9226 1860 +61 421 647 445 Star Minerals 191B Carr Place Follow us: West Leederville starminerals.com.au ASX: SMS 12
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