Haranga Resources Limited · ASX:HAR
Haranga Resources — Merger or Acquisition (May 2025)
20 slides from Haranga Resources's merger presentation, May 12, 2025
Slide 1: Lincoln Mine Acquisition
For personal use only May 2025 Lincoln Mine Acquisition Compelling Value Proposition High Grade, Permitted, Near Production Gold Mine ASX:HAR haranga.com
Slide 2: Disclaimer
Disclaimer This presentation does not constitute investment Any forward-looking statements included in this Competent Person Statement, Previously Reported advice. This presentation has been prepared by presentation involve subjective judgement and Information & Cautionary Statement Haranga Resource
Slide 3: Compelling Value Proposition
Compelling Value Proposition KEY VALUE DRIVERS PERFECT TIMING ✓ Significant Exploration Upside Potential 3,500 Today ~US$3300 • 5.8 km of the richest segment of the Mother Lode For personal use only • 3.4Moz of historic gold production @ >8g/t Au 3,000 • Potential for strike extensions and repetitio
Slide 4: Value Driver: Significant Exploration Upside
Value Driver: Significant Exploration Upside ✓ Jackson-Plymouth segment produced 8.4Moz gold, or half of the gold from the Mother lode ✓ 3.4 Moz from Seduli’s mineral Leases ✓ Lincoln, Comet and Medean: ✓ Part of a mineral system known to extend to > 1800m below the surface For personal use only ✓ B
Slide 5: Value Driver: Exceptionally High Grade
For personal use only Value Driver: Exceptionally High Grade 5 ASX:HAR Figure: Plan view of veins hosted within mafic unit, as defined from Figure: Section line showing veins hosted within mafic unit, as defined drilling, with section line (See Appendix Drillhole Table) from drilling (See Appendix D
Slide 6: Value Driver: Update Resource to JORC
Value Driver: Update Resource to JORC 34,771m drilled across 336 holes ✓ Cutoff grade from 2015 needs lowering to reflect change in gold price For personal use only Grade Deposit Classification Tonnage Ounces Au (g/t) Lincoln-Comet Indicated 137,894 13.75 61,000 Lincoln-Comet Inferred 459,043 8.71 1
Slide 7: Value Driver: Pathway to +1Moz High Grade
Value Driver: Pathway to +1Moz High Grade The blue and green zones below represent areas associated with the current non-JORC compliant resource. Haranga intends to convert these into JORC-compliant resources through targeted drilling. Extensional drilling along strike and at depth could also expand
Slide 8: Value Driver: Infrastructure A$90m Sunk Capital
Value Driver: Infrastructure A$90m Sunk Capital ✓ Permitted 315ktpa processing plant supporting mining operations (CUP) For personal use only ✓ Existing infrastructure with over A$90M in sunk capital, including but not limited to: • Decline & level development: 1,780m of underground mine infrastruct
Slide 9: Mitigated Risk: Fully Permitted & Mining County
Mitigated Risk: Fully Permitted & Mining County ✓ Lincoln Mine has a perpetual Conditional Use Permit (CUP), which is a requirement for mining & processing in Amador For personal use only ✓ The CUP at Lincoln took ~10 years to obtain and significantly de-risks all planned activities, by ensuring tha
Slide 10: Path to Near-Term Production and Catalysts
Path to Near-Term Production and Catalysts ✓ Take advantage of existing infrastructure, permitting, and exploration potential ✓ Opportunity to progress mine development to exploit gold market boom For personal use only PHASE 1: ❑ Financial & legal due diligence (Commenced) ❑ Shareholder approval (11
Slide 11: The Golden Opportunity
The Golden Opportunity ✓ Exceptional Value Drivers • High-grade • Resource expansion potential • Booming gold market For personal use only • Advanced infrastructure ✓ Mitigated Risk • Fully permitted • Extensive mine & processing infrastructure • Reduced capital requirements • Utilise extensive know
Slide 12: For personal use only
For personal use only +61 8 6158 9990 Suite 7, 63 Shepperton Rd Victoria Park, WA 6100 info@haranga.com.au haranga.com
Slide 13: Appendix
For personal use only HARANGA RESOURCES LTD APPENDIX
Slide 14: Capital Structure and Transaction
Capital Structure and Transaction Capital Structure, Transaction & Milestones Shares On Issue & Cash On Hand Description Shares On Issue at Performance Rights, Description Including Including Completion of Transaction & Broker Options T1 T1 & 2 For personal use only Haranga Existing Shares on Issue
Slide 15: Key Personnel Post Transaction
For personal use only Key Personnel Post Transaction Michael Davy Peter Batten Kyla Garic Non-Executive Chairman Managing Director Company Secretary Michael is an Australian Accountant with over 15 years’ Mr Batten is a geologist with more than 40 years’ Ms Garic is a Director of Onyx Corporate Pty
Slide 16: Leapfrog Image
Leapfrog Image Left Figure: Leapfrog image of mineralised zones for Lincoln-Comet and Keystone (South Spring Hill) For personal use only 16 Right Figure: Leapfrog image of surveyed workings and drillhole data. Target area for additional repetitions of ASX:HAR mineralised structures highlighted in ye
Slide 17: Drillhole Tables
Drillhole Tables Hole ID Easting Northing RL Azimuth Dip EOH From Interval Au (m) (m) (m) ppm ddh-0003 2104195.7 582442.9 428.9 240 -45 121.9 92.4 3.7 3.8 ddh-0005 2104232.3 582405.1 423.7 232 -47 141.7 78.6 10.4 20.8 ddh-0013 2104260.3 582364.3 419.4 242 -49 100.0 66.8 10.1 9.9 ddh-0033 2104161.3 5
Slide 18: Drillhole Tables Continued
Drillhole Tables Continued ddh-0140 2103937.6 582738 296 276 50 108.5 33.2 10.8 36.4 Hole ID Easting Northing RL Azimuth Dip EOH From Interval Au (m) (m) (m) ppm ddh-0141 2103976.3 582688.3 291.7 240 75 82.9 10.1 1.8 37.1 ddh-0141 and 27.1 9.8 19.8 ddh-0141 and 43.4 6.9 34.9 For personal use only dd
Slide 19: Drillhole Tables Continued
Drillhole Tables Continued Hole ID Easting Northing RL Azimuth Dip EOH From Interval Au (m) (m) (m) ppm Table: non-DDH Drilling Data, for Slide 9 “Grade 10031 2103952.6 582699.6 313 90 0 3.35 0 3.4 12.6 is King” – Plan view and Section line. (0.5 ppm Au 900LH-21 2103931.2 582684.3 279.2 65 0 10.97 4
Slide 20: Foreign Mineral Resource Estimate
Foreign Mineral Resource Estimate Schedule 1 – Lincoln Gold Project – Foreign Estimate Disclosures The NI 43-101 Mineral Resources for the Lincoln Gold Project, as at 2 July 2015, are estimated at 958,910 tonnes at 9.29g/t Au for 286,000 ounces of gold. For personal use only The information in this