Lodestar Minerals Limited · ASX:LSR
Lodestar Minerals — Investor Presentation (February 2026)
22 slides from Lodestar Minerals's investor presentation, February 2026
Slide 1: Copper Gold REE Tier-1 Mining Jurisdictions Presentation
Copper Gold REE Tier-1 Mining Jurisdictions P R E S E N TAT I O N February 2026 | ASX:LSR
Slide 2: Important Notices
Important Notices This presentation has been prepared by Lodestar Minerals Limited (Lodestar). The information Competent Persons Statement contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third partie
Slide 3: LSR Corporate Overview
LSR Corporate Overview BOARD AND SENIOR MANAGEMENT Capital Structure - ASX:LSR Non-Executive Chairman Executive Director Non-Executive Director Shares on Issue 1,149,952,381 Ross Taylor Coraline Blaud David McArthur Listed Options on Issue (Expiry Chartered Accountant and finance Geologist with 10+
Slide 4: Strategic Commodity Focus: Copper, Gold & REE
Strategic Commodity Focus: Copper, Gold & REE Los Loros & Three Saints Projects, Chile “Strategic high-demand commodities in • Recently acquired Los Loros Cu-Mo Porphyry Project world-class mining jurisdictions” • Los Loros Porphyry mineralisation exposed at surface, significantly reducing explorati
Slide 5: Chilean Portfolio: Drill-Ready Copper and Gold
Chilean Portfolio Drill-Ready Copper and Gold lodestarminerals.com.au | ASX:LSR 5 5
Slide 6: Chile: A Tier 1 IOCG & PCDs Jurisdiction
Chile: A Tier 1 IOCG & PCDs Jurisdiction Built on Decades of Discovery, Ready for the Next Boom Three Saints Los Loros and Three Saints sits within the Cretaceous Porphyry/IOCG belt which COSTA FUEGO Hot Chili (ASX: HCH) includes: • Carmen de Andacollo (Teck Resources) 540 Mt @ 0.45% Cu & 0.25 g/t A
Slide 7: Los Loros Cu-Mo Porphyry Project
Los Loros Cu-Mo Porphyry Project Outcropping Porphyry Target located in one of Chile’s most established mining regions • Capital light entry: nominal cash payment of USD $30,000 at signing of agreement to have sole access rights to the Los Loros Copper-Molybdenum & Gold porphyry project • Significan
Slide 8: Los Loros Cu-Mo Porphyry Project
Los Loros Cu-Mo Porphyry Project A Compelling Copper Porphyry Target • Main target at Los Loros, the Aguila Prospect, is drill-ready with existing access • Data review and geological mapping underway ahead of Maiden LSR Drilling Campaign in Q2 2026 • Key attributes that elevate Los Loros as a stando
Slide 9: Los Loros Cu-Mo Porphyry Project
Los Loros Cu-Mo Porphyry Project Historical Exploration Summary • Only ~4,900m of drilling over six decades, with the majority of holes <150m deep and targeting copper oxides • No modern, high-resolution geophysics (existing IP dates back to 1969) • Gold potential with no follow-up, despite strong i
Slide 10: Three Saints Drilling Campaign
Three Saints Drilling Campaign New Drilling Campaign Underway • Drilling commenced in early February 2026 • Target is fully undercover and displays a large geophysical anomaly characteristic of porphyry-style mineralised systems3 • The primary objectives of the current program are: Evaluate the pr
Slide 11: Ned's Creek Project: Gold, Western Australia
N e d ’s C r e e k P r o j e c t G o l d , We ste r n A u st r a l i a lodestarminerals.com.au | ASX:LSR 11 11
Slide 12: Ned's Creek Project: A Golden Opportunity
Ned’s Creek Project: A Golden Opportunity Exciting Initial Exploration Target Highlights MRE Potential • Results from the 2025 drilling program have now been fully integrated into a coherent geological model • LSR has defined an initial Exploration Target4: 250,000-300,000 ounces Au (in the range of
Slide 13: Ned's Creek Project: A Golden Opportunity
Ned’s Creek Project: A Golden Opportunity High Grade Gold Intersections – Mineralisation extended 330m along strike In Q3 2025, the RC drilling program targeted the mineralisation at the Gidgee Flat prospect and extended it 330m to the SW. Best Gold intercepts included5: o 1m @ 49.60 g/t Au from 230
Slide 14: Virgin Mountain Rare Earth Element Project: Strategic REE Exposure
Virgin Mountain Rare Earth Element Project Strategic REE Exposure lodestarminerals.com.au | ASX:LSR 14 14
Slide 15: Rare Earths Revolution is underway in the USA
Rare Earths Revolution is underway in the USA A Rare Earths “Revolution” is underway in the USA, aiming to secure supply for critical defence and commercial technologies and is seen as a new industrial policy approach US ~$83M (2024) to $135M (2030) Key Factors driving Rare Earths Demand Market CAGR
Slide 16: Virgin Mountain REE Project: At the Heart of USA REE Development
Virgin Mountain Rare Earth Element Project At the Heart of USA REE Development, Harnessing Advanced Infrastructure • Virgin Mountain is on the border of Nevada and Arizona, proximal to the world-class Mountain Pass Rare Earth Element (REE) producing mine (12.15 Mt @ 4.79% Total Rare Earth Oxide (TRE
Slide 17: Virgin Mountain Rare Earth Element Project
Virgin Mountain Rare Earth Element Project 100% owned - Hummingbird Prospect • Historic channel samples includes 6 : AGL-7, 1.26% TREO, cont. 36% HREO and 20% Nd/Pr AGL-13, 0.72% TREO, cont. 30% HREO and 22% Nd/Pr ALG-8, 0.67% TREO, cont. 57% HREO and 14% Nd/Pr • Initial field activities finalised d
Slide 18: Near-Term Value Catalysts: Ongoing News Flow
Near-Term Value Catalysts: Ongoing News Flow Milestones & Work Campaign 2026: Feb Mar Apr May Jun July Chile Assets Acquisition of Los Loros Copper Porphyry Commence drilling at Three Saints Project Initial Three Saints Assays Results Commence drilling at Los Loros Copper Porphyry Initial Los Loros
Slide 19: Contact Details for Lodestar Minerals
Contact Details for Lodestar Minerals | ASX:LSR Coraline Blaud Executive Director Ph: +61 8 9435 3200 Email: info@lodestarminerals.com.au Level 1/31 Cliff St, Fremantle WA 6160 lodestarminerals.com.au | ASX:LSR 19 19
Slide 20: Appendix: Resource Benchmarking Data
Appendix Resource Benchmarking Data Resource Mine Company Measured Indicated Inferred Total Resource date Cu Au Ag Cu Au Ag Cu Au Ag Cu Au Ag Mt Mt Mt Mt % g/t g/t % g/t g/t % g/t g/t % g/t g/t Candelaria Lundin Mining 518 0.39 0.09 1.3 589 0.58 0.13 1.8 122 0.56 0.11 1.4 1,442 0.56 0.12 1.9 Dec, 20
Slide 21: Appendix 1: Copper Equivalent Formula
Appendix 1: Copper Equivalent Formula Copper Equivalent Formula = Cu % + Mo % x 6.0312 (Note that Au is not included in the CuEq) Copper Equivalent calculation derived from the following parameters: Metal prices in USD: Cu = $5.0759/lb, Mo = $30.614/lb (Prices 10th November 2025) There is no current
Slide 22: Earaheedy Project: Grassroot Exploration
Earaheedy Project: Grassroot Exploration Exciting VMS potential • 450 km2 land package in the Earaheedy Basin • VMS Style potential: Emerging Earaheedy metallogenic terrane, same age as DeGrussa (Cu) • Geomorphological and geological studies mapped the regolith cover and existing outcrops and integr
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