Pivotal Metals Limited · ASX:PVT
Pivotal Metals — Investor Presentation (July 2026)
31 slides from Pivotal Metals's investor presentation, Jul 7, 2026
Slide 1: Pivotal Metals Investor Presentation July 2026
For personal use only Pivotal Metals Investor Presentation July 2026 ASX:PVT High-grade copper & gold in a Tier 1 jurisdiction
Slide 2: Disclaimers
Disclaimers For personal use only The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about and observe
Slide 3: Investment highlights
Investment highlights For personal use only QUALITY COPPER TIER 1 STRONG MARKET VALUE AND GOLD LOCATION THEMATIC CATALYSTS HORDEN LAKE (100%) QUEBEC, A WORLD CLASS UNIVERSALLY BULLISH ✓ Scoping study at Horden LOCATION OUTLOOK FOR COPPER Lake • A leading ASX high-grade shallow copper resource • Esta
Slide 4: Corporate overview
Corporate overview For personal use only Experience, Commitment, Alignment $0.035 30 Volume Close Ivan Fairhall Simon Gray $0.030 25 Managing Director & CEO Independent Non-Exec Chair ▪ Lawyer with a strong capital markets $0.025 ▪ Chartered engineer, 20 years across mining, background. 20 finance a
Slide 5: Quality Québec critical and precious metals
Quality Québec critical and precious metals For personal use only Horden Lake Québec, Canada. 100% owned • Large copper endowment. 52mt @ 1.05% CuEq1 for 550kt CuEq / 292kt Cu. • Major in-pit resource. 485kt CuEq2 shows low risk production scale pathway. • Significant exploration upside. Deposit is
Slide 6: Québec – premier mining jurisdiction
Québec – premier mining jurisdiction For personal use only ‘Flow-through scheme’ tax incentives With tangible • Quebec has the highest tax credit in investment incentives Canada for critical metals exploration • Up to 2x leverage on money raised, without structural overhang Access to low-cost Excell
Slide 7: Copper: macro set-up, with few ways to play
Copper: macro set-up, with few ways to play For personal use only Structural deficit, scarce new supply ASX Copper Pre-development Projects > $1b capex Demand set to surge ~50% by 2040 60 Primary supply rolls over from 2030 Project pipeline cannot fill the gap 50 Result: structural ~10 Mt deficit by
Slide 8: Horden Lake
For personal use only Horden Lake 8
Slide 9: Rapidly Growing Resource
Horden Lake 51,814m of drilling Rapidly Growing Resource For personal use only Tonnes CuEq (%) Mt CuEq kt CuEq % Cu % Ni % Au g/t Pd g/t Pt g/t Ag g/t Co ppm (mt) 60 1.2 In-pit 45.5 485 1.07 0.56 0.17 0.15 0.14 0.04 10.5 140 Out-of-pit 6.9 64 0.93 0.51 0.18 0.08 0.14 0.03 8.5 151 Total 52.4 549 1.05
Slide 10: Leading pit-constrained resource
Leading pit-constrained resource For personal use only Comparable Shallow Mineral Resources on the ASX Grade and scale in- 900 1.6% pit is key advantage Scale and Grade 1.4% 750 Leading high-grade 1.2% shallow deposit on the Cu / CuEq Contained (CuEq) ASX 600 1.0% CuEq Grade GRADE & SCALE 450 0.8% O
Slide 11: Drill baby, drill
Drill baby, drill For personal use only 300 2,800 strike. Continuous mineralised horizon. 200 100 250m 0 North and south flanks undrilled below 200-250m -100 Only 8 holes below 300m -200 500m Deepest ever drilling to 550m. -300 32.1m @ 0.96% CuEq HN-24-98 -400 97% holes intersecting the contact form
Slide 12: Lorraine - regional scale potential
Lorraine Scale Potential - Copper – regional Past producing with exciting gold and copper targets For personal use only Significant potential to make additional discoveries Magnetics demonstrate scale opportunity • Classic magmatic Cu-Ni-PGM sulphide mineralization at the contact, base of a large re
Slide 13: Metallurgical testwork derisks NSR
Metallurgical testwork derisks NSR For personal use only Attractive NSR potential from conventional flowsheet Crushing Low cost and simple flotation process Copper is the dominant economic driver (+80% NSR) Sorting? Up to 2.1x grade uplift demonstrated • 87-94% Cu total recovery shown in open and lo
Slide 14: Scoping study to highlight deposit credentials
Scoping study to highlight deposit credentials For personal use only Conventional 46mt @ 1.07% CuEq is pit-constrained1 Infrastructure advantages project with realistic • Low-cost and complexity development pathway • Major highway access within 10km development hurdles • Scalable production capacity
Slide 15: Permitting & ESG
Permitting & ESG For personal use only Clear permitting process in Eeyou Istchee Cree Territory (Eeyou Istchee) Deposit lies within the traditional territory of the Cree Nation of Nemaska, on N18 trapline. Adjacent to Cree Nation of Waskaganish & N06 trapline Community Commitment Prioritising strong
Slide 16: Belleterre Projects
For personal use only Belleterre Projects 16
Slide 17: Belleterre Projects
Belleterre Projects 160 km2 Well established mineralising system Strategic greenstone belt landholding For personal use only that is wildly underexplored 100% owned, consolidated by Pivotal • Intensely mineralised system active at a regional scale • Drilling hyper-biased to 1960s outcropping discove
Slide 18: Lorraine Copper & Gold
Lorraine -–Copper Lorraine Copper & Gold Past producing with exciting gold and copper targets For personal use only Actively exploring priority areas Target: Shanty Lake • New FLTEM conductor. 500m x 150m, starts at 150m depth • Drilling pre-dates geophysics • Assays pending Target: Lorraine Mine •
Slide 19: Lorraine Mine – new targets in underexplored trend
Lorraine Mine – new targets in underexplored trend For personal use only Bonanza grade gold target Bonanza gold grades: Au-Cu quartz vein system encountered during 1960’s Cu-Ni mining • 28m @ 45.2 g/t Au & 3.2% Cu (6th level u/g crosscut) • 9.5m @ 14.1 g/t Au & 3.2% Cu (6th level u/g crosscut) • 1m
Slide 20: Midrim Project
Midrim Project For personal use only Strongest concentration of occurrences Globally significant mineralisation • 21.1m @ 2.5% Cu, 1.7% Ni & 2.8 g/t 3PGE (from 29m, Midrim) • 14.4m @ 2.8% Cu, 2.4% Ni & 4.1 g/t 3PGE (from 57m, Midrim) • 24.2m @ 2.3% Cu, 1.2% Ni & 1.9 g/t 3PGE (from 53m, Alotta) • 15.
Slide 21: LaForce – undrilled Cu & Ni targets
LaForce – undrilled Cu & Ni targets For personal use only New exploration horizon Solis and magmatic intrusion mark highlight prospective horizon • Highly anomalous Ni, Cu and Cr soils, coincident with magnetic responses. • Geological signatures analogous to the known LaForce occurrence. • Scale - L
Slide 22: Investment Highlights
Investment Highlights For personal use only EXPLORATION VALUE IS FULLY FUNDED PREMIER COPPER ENGINE UNDERPINNED CATALYSTS JURISDICTION LEVERAGE • Horden Lake MRE • Large Cu • Scoping study at • Quebec is skills and • Clear structural is wide open, with endowment in Horden Lake. infrastructure rich,
Slide 23: Appendix
For personal use only Appendix
Slide 24: Strategic Value: New World Resources case study
Strategic Value: New World Resources case study For personal use only M&A Surfaces Strategic Value the Market Overlooks Bidding war for PFS stage $0.080 100 mid-sized North American Volume 90 copper project $0.070 NWC Close $248m Cash Bid 80 $0.060 CAML-Kinterra bidding 70 • Bidding war for New Worl
Slide 25: Geological Setting – Horden Lake deposit
Geological Setting – Horden Lake deposit For personal use only Strong structural control for mineralisation • Mineralisation style supports good potential for resource extension • Magmatic sulphide deposit associated with mafic and ultramafic rocks • Mineralisation occurs along the contact of the ga
Slide 26: Midrim-Alotta deeps
Midrim-Alotta deeps For personal use only Section 1 2 3 MT survey showing major conductive anomalies that link the string of pearls • Major regional system potential that links multiple high-grade surface bodies • 2023 MT survey has confirmed mafic contact deposit model hypothesis • Extensive contac
Slide 27: Mineral Resource Estimate
Appendix For personal use only Refer ASX announcement dated 7 July 2026 for full MRE technical disclosure. The Mineral Resource Statement considers the portions of the resource within the optimised pit shell at a cut-off of US$25/t NSR, 2026 JORC Compliant and the portions of the mineral resources o
Slide 28: References
References For personal use only Economic Parameters, CuEq Equation (Horden Lake) Full Assay Breakdown of Referenced Drillholes Width Element Unit Price Recovery Sales Cost Factor Hole ID (m) CuEq Cu% Ni% Au g/t Pd g/t Ag g/t Pt g/t Co ppm From (m) Copper USD/t 11,000 90% 1,100 1.00 HN-24-98 32.1 0.
Slide 29: Supporting information – referenced project details
Supporting information – referenced project details For personal use only ASX Pre-Development Copper Projects Average Annual LoM Production LoM Production Project Company Study / Stage Study Date Reference Non-Cu Total (years) Cu (kt) Au(koz) Ag (koz) Zn (kt) Pb (kt) Cu (kt/a) CuEq (kt/a) (kt CuEq)
Slide 30: Comparable ASX shallow / pit-constrained resources
Supporting information – referenced project details For personal use only Comparable ASX shallow / pit-constrained resources Owner Grade M&I / Inferred Breakdown Project Location Stage Tonnes Grade Cu Cog Comment CuEq Formula Date ASX Link ASX Ticker CuEq Tonne (mt) Cu % Au g/t Ag g/t Other Shallow,
Slide 31: Pivotal Metals Limited
For personal use only Pivotal Metals Limited ABN 49 623 130 987 Level 10, 360 Queen Street Brisbane QLD 4000 GPO Box 2517 WA 6831 T: +61 8 9481 0389 E: info@pivotalmetals.com W: www.pivotalmetals.com