Skylark Minerals Limited · ASX:SKM
Skylark Minerals — Investor Presentation (November 2026)
28 slides from Skylark Minerals's investor presentation, Nov 2, 2026
Slide 1: Zaranou Gold Project Investor Presentation
ZARANOU GOLD PROJECT INVESTOR PRESENTATION ASX: SKM Not for release to US wire services or distribution in the United States
Slide 2: Disclaimer and Cautionary Notices
Disclaimer and Cautionary Notices This presentation has been prepared by Skylark Minerals Ltd ABN 93 118 751 027 (Skylark or the Company). The No representation or warranty, express or implied, is made as to the accuracy, likelihood of achievement or information in this presentation remains subject
Slide 3: Disclaimer and Cautionary Notices
Disclaimer and Cautionary Notices JORC Code differs from reporting requirements in other countries It is a requirement of the ASX Listing Rules that the reporting of ore reserves and mineral resources in Australia comply with the JORC Code. Investors outside Australia should note that while ore rese
Slide 4: Pro-Forma Corporate Snapshot
Pro-Forma Corporate Snapshot Fully funded for a CY2027 drilling programme focused on rapid Mineral Resource growth SHARE PRICE SHARES ON ISSUE MARKET CAPITALISATION CASH ENTERPRISE VALUE A$0.24 share 214.1 million A$51.4 million A$21.1 million A$30.3 million OFFER PRICE PRO-FORMA POST SETTLEMENT IMP
Slide 5: A Highly-Compelling Investment Opportunity
A Highly-Compelling Investment Opportunity Proven team in a premier jurisdiction, with significant near-term project upside 1 UPDATED MINERAL RESOURCE GROWS ZARANOU TO 1.2 MILLION OUNCES GOLD SIZEABLE ADDITIONAL RESOURCE GROWTH POTENTIAL TO BE RAPIDLY UNLOCKED VIA CY2027 DRILLING 2 A MINERALISED SYS
Slide 6: Skylark Leadership Team
Skylark Leadership Team The experience and capability to unlock Zaranou’s full potential MR. NIKOLAI MR. MICHAEL MR. EVGENY MR. IGOR MR. ARNAND DR. FRED MR. PAUL MR. DANNY ZELENSKI JARDINE TULUBENSKIY KLIMANOV VAN HEERDEN HESS CAHILL SEGMAN EXECUTIVE MANAGING DIRECTOR CORPORATE DIRECTOR BUSINESS VIC
Slide 7: West African Jurisdictions
WEST AFRICAN JURISDICTIONS Côte d'Ivoire Senegal COLLECTIVELY ACCOUNT FOR A leading gold-producing region in West Africa Boutique-sized assets, with institutionalised gold sector 479Mt of annual gold production THE HIGHEST CONCENTRATION OF TIER 1 GOLD SYSTEMS GLOBALLY OUTSIDE AUSTRALIA AND CANADA TH
Slide 8: October 2026 Mineral Resource Estimate
OCTOBER 2026 MINERAL RESOURCE ESTIMATE
Slide 9: October 2026 Zaranou MRE
October 2026 Zaranou MRE FLAGSHIP ZARANOU PROJECT Gold Resource more than triples in under 12 months VAVOUA PROJECT OCTOBER 2026 ZARANOU CENTRAL MRE TOTAL CONTAINED GOLD (koz, 100%) MAPHAI PROJECT Côte d'Ivoire 1,196koz 29.0 Mt at 1.28 g/t Au SCALE THRESHOLD PASSED 100% INFERRED (JORC 2012) > 1 mill
Slide 10: October 2026 Mineral Resource Estimate
October 2026 Mineral Resource Estimate Continuous parallel structures defined at depths above 200 meters OCTOBER 2026 MINERAL RESOURCE ESTIMATE ● M’BASSO DEPOSIT OPTIMISED PIT SHELL BY GRADE M’BASSO DEPOSIT 24.0 Mt at 1.13 g/t Au 100% INFERRED 861Koz added M’BASSO CONTRIBUTION OPEN 3% → 73% >0.50g/t
Slide 11: October 2026 Mineral Resource Estimate
October 2026 Mineral Resource Estimate Thick, shallow and yet to be closed off M’BASSO DEPOSIT ● OCTOBER 2026 MINERAL RESOURCE ESTIMATE ● CROSS SECTION BLOCK MODEL M’BASSO DEPOSIT Approximately 91% of contained ounces retained when the cut-off increases from 0.3g/t to 0.5g/t Au, alongside an approxi
Slide 12: M'Basso Gold Grades Increase With Pit Depth
M’Basso Gold Grades Increase With Pit Depth Highlights continuity of ore body and strong potential for MRE growth with deeper drilling M’BASSO DEPOSIT ● TONNE AND GRADE PROFILE ● PER 10-METRE BENCH tonnes per 10m bench (t) Au (g/t) 4,000 4.0 Gold grades increase with depth, exceeding 2.5g/t Au in th
Slide 13: M'Basso Deposit Gold Profile
M’Basso Deposit Gold Profile Strong continuity of gold mineralisation within M’Basso deposit M’BASSO DEPOSIT ● TONNE AND CONTAINED OUNCES PROFILE ● PER VERTICAL METRE tonnes per vertical metre at 10m increments (t) Contained Au per vertical metre (oz/m) The consistent distribution of tonnage and con
Slide 14: Strong Recoveries in Initial Metallurgical Tests at M'Basso
Strong Recoveries in Initial Metallurgical Tests at M’Basso Consistent gold extraction across oxide and fresh M’Basso material M’BASSO CY2026 LEACHWELL TESTWORK LeachWell gold extraction RANGE OF INDIVIDUAL RESULTS: 89% TO 99% 80% 89% 95% 99% 8 highly weathered (oxide) and 8 unweathered 16 samples (
Slide 15: Zaranou Central Upside Potential
Zaranou Central Upside Potential Rapid MRE growth the key objective of CY2027 VAVOUA PROJECT SKYLARK TO MOVE TO 90% OWNERSHIP OF ZARANOU WITH A CLEAR PATH TO 100% MAPHAI PROJECT • Provides maximum exposure to further exploration success Côte d'Ivoire • Zaranou Central’s 8km of strike is very lightly
Slide 16: The Immediate Resource Growth Opportunity in CY2027
The Immediate Resource Growth Opportunity in CY2027 Additional ounces to be unlocked within Zaranou Central plus district-scale upside ZARANOU PROJECT ● EXPLORATION PLAN ZARANOU CENTRAL 4 EBILASSOKRO SOIL AND AC ANOMALY 12-month forward strategy RC-FOCUSED WITH DIAMOND AND GROUND GEOPHYSICS 1 EHUASS
Slide 17: Deposit Settings Strongly Supportive of Future Success
Deposit Settings Strongly Supportive of Future Success Rare potential to rapidly grow gold ounces with multiple advanced targets M’BASSO AND EHUASSO ZARANOU CENTRAL GOLD IN SOIL (Au ppb) • Shallow deposits; open along strike and at depth N • Deeper RC and diamond drilling to target extensions at dep
Slide 18: Zaranou is a High-Quality Project
Zaranou is a High-Quality Project Key properties are supportive of future deposit economics Au Shallow Continuous Simple Adjacent to excellent Resource Mineralisation Metallurgy infrastructure Over 90% of current MRE Open along strike and at High gold extraction Power, roads and key above ~200m
Slide 19: Côte d'Ivoire Portfolio and Regional Strategy
COTE D’ IVOIRE PORTFOLIO AND REGIONAL STRATEGY SKYLARK
Slide 20: In-Country Portfolio Already Provides Scale Potential
In-Country Portfolio Already Provides Scale Potential Work to begin in CY2027 on maturing targets across the regional portfolio VAVOUA PROJECT (SKM 100%) CÔTE D'IVOIRE PORTFOLO • Comprises two contiguous licences Vavoua North and Vavoua South spanning 537km2 • Located just 20 km along strike from th
Slide 21: West African Jurisdictions: The First of Many
WEST AFRICAN JURISDICTIONS The First of Many Senegal COLLECTIVELY ACCOUNT FOR We expect Zaranou to be just the beginning Boutique-sized assets, with institutionalised gold sector 479Mt of annual gold production THE HIGHEST CONCENTRATION OF TIER 1 GOLD SYSTEMS GLOBALLY OUTSIDE AUSTRALIA AND CANADA La
Slide 22: West African Gold Explorers and Developers
West African Gold Explorers and Developers SKM trades at a substantial discount to ASX-listed West African peers on a per ounce basis 7.000 300.000 OVER 1 MILLION OUNCES OF CONTAINED GOLD RELATIVE VALUE (MRE OUNCES) RELATIVE VALUE (ENTERPRISE VALUE, A$M) Contained gold (Moz, 100%) Skylark (JORC 2012
Slide 23: Exploration and Advancement Schedule
Exploration and Advancement Schedule Targeting rapid Resource Growth at Zaranou ACTIVITY SCHEDULE Q4 Q1 Q2 Q3 Completion of RC drilling at M’Basso and Ehuasso Mineral Resource Estimate Update Final 2026 Ehuasso Assays Diamond drilling at Zaranou Central RC drilling at Zaranou Central
Slide 24: Additional Information and References
ADDITIONAL INFORMATION AND REFERENCES ASX: SKM
Slide 25: West African Peer Group Mineral Resource Data
West African Peer Group Mineral Resource Data ASX listed gold explorers CONTAINED Au, TICKER EV (A$M) RESOURCE (Mt) GRADE (g/t Au) M&I (Moz) INFERRED (Moz) M&I SHARE STAGE 100% (Moz) SKM 30.3 29.00 1.28 1.196 0.000 1.196 0% Resource, no study AS1 209.3 92.88 0.70 2.080 1.270 0.810 61% Resource, no s
Slide 26: International Offer Restrictions
tional Offer Restrictions International Offer Restrictions This presentation does not constitute an offer of new ordinary shares (“New Shares”) of the Company in any European Union (excluding Austria) jurisdiction in which it would be unlawful. In particular, this presentation may not be distributed
Slide 27: International Offer Restrictions
tional Offer Restrictions International Offer Restrictions Singapore This presentation and any other materials relating to the New Shares have not been, and will not be, lodged or Any invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Service
Slide 28: Skylark Minerals Limited
Skylark Minerals Limited Level 3, 22 Railway Road, Subiaco 6008 skylarkminerals.com ASX: SKM
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