Sinclair Gold Ltd · ASX:SGC
Sinclair Gold — Investor Presentation (October 2026)
31 slides from Sinclair Gold's investor presentation, Oct 19, 2026
Slide 1: New Results Show Substantial Growth Potential
ASX | SGC rsonal use only New Results Show Substantial Growth Potential MT HENRY GOLD PROJECT, NORSEMAN, WESTERN AUSTRALIA Corporate Presentation October 2026
Slide 2: Disclaimers & Cautionary Statements
Disclaimers & Cautionary Statements GENERAL DISCLAIMER This presentation is dated 19 October 2026 and has been prepared by Sinclair Gold Ltd (“Sinclair” or the “Company”). This presentation has been authorized for release by the Board of Directors of Sinclair. This presentation is for information pu
Slide 3: Project Overview
rsonal use only Project Overview Mt Henry Gold Project ASX | SGC sinclairgold.com
Slide 4: Corporate Snapshot
Corporate Snapshot GLOBAL BANKING & ANALYST COVERAGE rsonal use only CAPITAL STRUCTURE Cash on Hand 1 $38.2m Share Price2 $1.08 Shares Outstanding 185.7m Market Capitalisation $200M Performance Rights / Options 61M / 1.25M SHAREHOLDER SUMMARY3 Institutional Ownership (Global) ~30% Westgold Resources
Slide 5: Experienced Team. Proven Track Record.
Experienced Team. Proven Track Record. Leadership & Strategy Finance & Capital Markets Technical Expertise Strong Governance rsonal use only Ray Shorrocks Jeff Sansom Graeme Pettit Ben Palich Sara van den Hoogen Maddison Cramer Non-Executive Chair Chief Executive Officer Chief Financial Officer EGM
Slide 6: Tier 1 Location in the West Australian Gold Fields
Tier 1 Location in the West Australian Gold Fields Evolution Mining Gold Valley Group PROLIFIC GOLD REGION Kundana East 1.6Moz Golden Valley Evolution Mining Northern Star rsonal use only ~195Moz Au Mungari 7.2Moz Kanowna 6.0Moz Focus Minerals Vault Resources Historical gold production across the Co
Slide 7: Mt Henry Is A Proven Gold Producer
Mt Henry Is A Proven Gold Producer Mt Henry History1,2 rsonal use only • Historic feasibility study completed (2015)2 • Mt Henry was acquired by Metals X • Developed and mined by Metals X / Westgold • Open-pit mining operations (2016 to 2019) • Average recovered grade ~1.7 g/t Au • ~129koz gold prod
Slide 8: Years of Limited Drilling. Now That's Changing.
30 Years of Limited Drilling. Now That’s Changing. 1.8Moz @ 1.2g/t Au 50,000 rsonal use only Drill metres / yr 8,000 Interim MRE Gold price (A$/oz) Sinclair’s Maiden 50,000m 7,000 CY26 Drill Program Only 20,000m drilling 40,000 6,000 Included in the 1.8Moz MRE Gold Price (A$) Drill metres / yr 5,000
Slide 9: 1.8Moz Defined Across A Much Larger Gold System
1.8Moz Defined Across A Much Larger Gold System 16km Corridor Deposits remain OPEN Significant untested areas Multiple growth options Extensive BIF hosted 1.8Moz within Mt Henry, Large gaps and strike extensions Clear pathways for ongoing rsonal use only mineralized trend Selene & North Scotia. rema
Slide 10: ~100% Growth in the First Months. More To Come
~100% Growth in the First 6 Months. More To Come Dec 2025 Feb - Mar 2026 Mar - Sep 2026 INTERIM RESOURCE rsonal use only UPDATE TRANSACTION ANNOUNCED MOBILISATION RAPID EXPANSION 48Mt @ 1.2g/t Au ✓ Acquisition of Mt Henry announced. ✓ Completed transaction. ✓ First rig mobilised. ✓ Four rigs on site
Slide 11: Large, Shallow Resource with Ongoing Growth
Large, Shallow Resource with Ongoing Growth SCALE SHALLOW GROWTH DEVELOPMENT 1.8Moz ~90% 5 rigs Simple, Shallow rsonal use only Drilling ongoing, focused @ 1.2g/t Au within ~ 200m of surface Open-pit potential on growth • ~100% growth in 6 months. • Broad and thick (up to 50m). • OPEN at depth and a
Slide 12: A High Density of Shallow Ounces And Still OPEN
A High Density of Shallow Ounces And Still OPEN The Mt Henry Gold Project Ounces per Vertical Metre rsonal use only Ounces per Vertical Metre 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 0 20 40 Vertical Depth Below Surface (RL) 60 80 100 120 140 160 180 200 200m RL 220 240 OPEN at depth Drilling
Slide 13: Mt Henry 1.8Moz Mineral Resource
rsonal use only Mt Henry 1.8Moz Mineral Resource Mt Henry Gold Project ASX | SGC sinclairgold.com
Slide 14: Selene: Strong Growth And Still Open
Selene: Strong Growth And Still Open AT ACQUISITION INTERIM RESOURCE WHAT DRILLING DELIVERED rsonal use only 0.7Moz Au 0.9Moz Au Resource growth Increased scale 19Mt @ 1.1g/t Au ~25Mt @ 1.1g/t Au Further growth Increased confidence potential Never mined RAPID GROWTH Assays pending for 10 holes drill
Slide 15: Selene: 0.9Moz Resource Is Shallow, Thick And Open
Selene: 0.9Moz Resource Is Shallow, Thick And Open Birthday Gift ~1km Selene Oblique View (1.5km strike length) (looking north-east) Plutus rsonal use only 59m @ 1.3g/t Au 36m @ 1.6g/t Au from 82m from 31m ~200m 59m @ 1.2g/t Au 51m @ 1.1g/t Au from 70m from 73m 60m @ 1.4g/t Au 60m @ 1.7g/t Au from 6
Slide 16: Extending Beyond The 0.9Moz Resource
Extending Beyond The 0.9Moz Resource Selene Oblique View (1.5km strike length) Selene is a thick, consistent shallow dipping, orebody Birthday Gift N (looking north-east) ~1km Cross section of 6413100mN (looking North) rsonal use only Cross Section A’ Plutus A’ Cross Section SELD0016 ~200m OPEN 200m
Slide 17: Open, Drilling Ongoing, Multiple Growth Pathways
Open, Drilling Ongoing, Multiple Growth Pathways Birthday Gift Selene Oblique View (1.5km strike length) ~1km (looking north-east) Plutus rsonal use only ~200m Plutus Southern Thickness Target OPEN Trend OPEN 200m (oblique) OPEN Legend Indicated MRE Inferred MRE The Resource is SHALLOW Planned CY26
Slide 18: How Big Could a Shallow 0.9Moz Resource Become
How Big Could a Shallow 0.9Moz Resource Become 2026 rsonal use only 20161 BIBRA - 2016 SELENE - 2026 26Mt @ 1.1g/t Au for 0.9Moz 25Mt @1.1g/t Au for 0.9Moz (81% Indicated, Resource2: Resource: (100% Inferred @ 0.5g/t cut-off) 19% Inferred, 0.5g/t cut-off) Geometry2: ~25º dip Geometry: ~20º dip Drill
Slide 19: Mt Henry: Strong Growth And Still Open
Mt Henry: Strong Growth And Still Open AT ACQUISITION INTERIM RESOURCE WHAT DRILLING DELIVERED rsonal use only 0.2Moz Au 0.9Moz Au Resource growth Increased scale 4.8Mt @ 1.5g/t Au ~22Mt @ 1.3g/t Au Further growth Increased confidence potential Historic open-pit mine RAPID GROWTH Assays pending for
Slide 20: Mt Henry: 0.9Moz Resource Across ~2km And OPEN
Mt Henry: 0.9Moz Resource Across ~2km And OPEN Artemis Mt Henry Oblique View 50m (looking east) Artemis Birthday Gift rsonal use only 300m 26m @ 1.4g/t Au from 29m Birthday Gift 22m @ 2.4g/t Au OPEN from 87m 24m @ 1.2g/t Au from 145m 14m @ 1.9g/t Au 45m @ 1.1g/t Au from 161m 25m @ 1.4g/t Au from 137
Slide 21: Recent Drilling Continues to Extend Mineralisation
Recent Drilling Continues to Extend Mineralisation Mt Henry Oblique View (looking east) Artemis rsonal use only 50m Cross Section Artemis 1 Cross Section Cross Section 2 3 Birthday Gift Birthday Gift OPEN 5.4m @ 15.4g/t Au from 193m, 39.6 m @ 1.4g/t Au from 176m, inc. 0.4m @ 122.7g/t Au, inc. 14.0m
Slide 22: Multiple Lodes Extend Beyond The 0.9Moz Resource
Multiple Lodes Extend Beyond The 0.9Moz Resource Northern Section of the Mt Henry Deposit Central Section of Mt Henry rsonal use only Cross section 2 of 6418180 (looking North) Cross section 3 of 6417660mN (looking North) Cross section 1 of 6418500mN (looking North) MTHR0080 MTHR0076 MTHR0078 300mRL
Slide 23: High-Grade Gold Intersected South of Resource Area
High-Grade Gold Intersected South of Resource Area Long section of Mt Henry South (looking East) Birthday Gift rsonal use only 25.0m @ 1.3g/t Au 10.0m @ 88.2g/t Au 20.0m @ 2.6g/t Au 6.0m @ 5.3g/t Au MTHR0082 3.0m @ 1.1g/t Au MTHR0083 Interpreted intrusion 200mRL 3.0m @ 1.3g/t Au ? Main Mt Henry Reso
Slide 24: Drilling Continues To Target Extensions
Drilling Continues To Target Extensions Artemis Mt Henry Oblique View (+2km strike length) 50m (looking north-east) Artemis Target rsonal use only Birthday Gift Birthday Gift OPEN OPEN OPEN N Legend OPEN Indicated MRE Inferred MRE Results >10gm Results <10gm 200m Planned CY26 hole Assays pending 500
Slide 25: Regional Upside Potential
rsonal use only Regional Upside Potential Mt Henry Gold Project ASX | SGC sinclairgold.com
Slide 26: The Next Generation of Potential Growth
The Next Generation of Potential Growth Birthday Gift Long Section (looking east) 20m @ 2.6g/t 10m @ 88.2g/t 23m @ 1.9g/t 27m @ 1.0g/t 17m @ 1.9g/t 2m @ 15.8g/t 2m @ 46.3g/t 9m @ 3.2g/t 5m @ 7.7g/t 25m @ 1.3g/t rsonal use only 0m 50m OPEN 100m Legend OPEN 6m @ 5.0g/t Au +25 gm +5 gm OPEN 150m +10 gm
Slide 27: Are We Seeing The Start of Something Much Bigger?
Are We Seeing The Start of Something Much Bigger? What if the current Resource areas and regional prospects grow towards rsonal use only each other and at depth… N ARTEMIS MT HENRY BIRTHDAY GIFT SELENE PLUTUS (~1.5km) (+2km) (~2.5km) (~1.5km) (~1km) OPEN OPEN OPEN OPEN OPEN Legend BIF Unit Ext. mine
Slide 28: Delivering On Our Commitments
Delivering On Our Commitments What we said we would do: What we have said we will do next: rsonal use only Deliver meaningful Resource growth Target further Resource growth, with ››› before the end of CY26 next MRE update before the end of FY27 What we delivered: We’re already making progress: • Exp
Slide 29: rsonal use only
rsonal use only REGISTERED OFFICE Level 2, 8 Richardson Street West Perth WA 6005 PHONE +61 (0) 8 6279 9425 info@sinclairgold.com sinclairgold.com ASX | SGC sinclairgold.com ASX | SGC EMAIL 29
Slide 30: Mineral Resources as at July 2026
APPENDIX Mineral Resources as at 31 July 2026 JORC (2012) Cut-off Grade Tonnes Grade Contained Gold Deposit Classification (g/t Au) (Mt) (g/t Au) (koz) rsonal use only Indicated 12.8 1.3 521 0.5 Mt Henry Inferred 9.2 1.2 364 Total Mt Henry 0.5 22.0 1.3 885 Indicated 20.1 1.1 710 0.5 Selene Inferred
Slide 31: Appendix: Norseman Greenstone Belt
Appendix: Norseman Greenstone Belt Measured Resource Indicated Resource Inferred Resource Total Resources Company Project Tonnes Grade Contained Tonnes Grade Contained Tonnes Grade Contained Tonnes Grade Au Contained (Mt) Au (g/t) Au (Moz) (Mt) Au (g/t) Au (Moz) (Mt) Au (g/t) Au (Moz) (Mt) (g/t) Au