Javelin Minerals Limited · ASX:JAV
Javelin Minerals — Investor Presentation (November 2025)
20 slides from Javelin Minerals's investor presentation, Nov 24, 2025
Slide 1: Countdown to Production and Cashflow on Edge of Kalgoorlie
Countdown to For personal use only Production and Cashflow on Edge of Kalgoorlie • Eureka mining contract signed – operations fully financed $25m by MEGA, no JAV funding requirement • Javelin to receive 50% of Eureka profit, including $250k/month prepayments to fast track cashflow • Eureka gold mini
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Javelin Minerals Ltd Australian state or territory legislation (or the law of any similar operations of the Company may be influenced by a number of factors, For personal use only (“Company”). It does not purport to contain all the information that a
Slide 3: Javelin: Highly Leveraged to Eureka Production Cashflow
Javelin: Highly Leveraged to Eureka Production Cashflow For personal use only • Eureka Gold Project targeted for first ore mining operations in H1 2026 • Eureka JORC resource of 110,687 oz at 1.69 g/t Au, inc Indicated Resources of 78,678 oz at 1.80 g/t Au – increased by 27% with new MRE July 25 • 1
Slide 4: Javelin: Cashflow Generation 2026 Fully Funded Exploration Strategy
Javelin: Cashflow Generation 2026 Fully Funded Exploration Strategy • Cash at bank ~$4.5m (post placement led by MEGA $1m cornerstone and For personal use only key WA Goldfields investors and operators) • Scope to continue growing the Eureka resource and the production profile, new drilling program
Slide 5: Corporate Snapshot
Corporate Snapshot Board & Management For personal use only Shares on Issue Market Cap Share price 259.9M $20.5M 7.9c Options – Perf Rights Cash Position JAVOA, Unlisted Brett Mitchell Executive Andrew Rich Non-Executive Peter Gilford Non-Executive 15.1M $4.5M 118.9M Chairman Director Director 0.14
Slide 6: Eureka Gold Project
For personal use only Eureka Gold Project 50km north of Kalgoorlie 6 Javelin Minerals Ltd | ASX:JAV
Slide 7: Eureka Open Pit - May 2025
For personal use only Eureka Open Pit- May 2025 7 Javelin Minerals Ltd | ASX:JAV
Slide 8: Eureka Gold Project - History
Eureka Gold Project - History • Four (4) Granted Mining Licenses For personal use only • Located 50km north of Kalgoorlie, and 20km north of Paddington Mill • Several historical mining phases with +32,000 oz Au mined • Very high gold recovery within oxide and transition zones of 95% and fresh rock r
Slide 9: Eureka - MEGA Resources Mining, Profit Share Agreement
Eureka - MEGA Resources Mining, Profit Share Agreement • Right To Mine Agreement signed with leading contractor MEGA, securing 100% financing For personal use only for the Eureka Project along with mining, transport, geological and engineering services • MEGA will provide up to $25m capital to fund
Slide 10: Eureka Gold Project – Updated MRE July 2025
Eureka Gold Project – Updated MRE July 2025 For personal use only • Updated Mineral Resource Estimate (July 2025) stands at 2.04Mt at 1.69g/t Au or 110,687oz Au; delivering 16% Grade increase • The updated MRE includes an Indicated Resource of 1.36Mt at 1.80g/t Au for 78,678oz Au; 27% increase on th
Slide 11: Eureka Gold Project – Near Term Production Cashflow
Eureka Gold Project – Near Term Production Cashflow • New Mining Plan delivering recoverable For personal use only ounces from the Indicated Resource around the Eureka Pit • The 2025 MRE Indicated Resource increased by 27% to 78,678t, with grade increased materially by 28% to 1.80 g/t Au, with the t
Slide 12: Eureka Gold Project – Significant Exploration Potential
Eureka Gold Project – Significant Exploration Potential • Eureka had no recent exploration activities until the drilling For personal use only Figure 4 - program in May 2025 Location of completed drillholes • Now led by highly experienced and credentialed WA Goldfields including significant geologis
Slide 13: Coogee Gold Project
For personal use only Coogee Gold Project 55km southeast of Kalgoorlie 13 Javelin Minerals Ltd | ASX:JAV
Slide 14: Coogee Gold Project - History
Coogee Gold Project - History For personal use only • Coogee Gold Mine on granted Mining Lease, with 5 nearby EL’s and 4 ELA’s with priority exploration targets • Ramelius operated Coogee in 2013/14, mining 147,400 tonnes at 4.77 g/t Au for 20,400 ounces Au • Updated inferred resource of 3.65Mt at 1
Slide 15: 2025 MRE at Coogee Gold Project - 126,685oz
2025 MRE at Coogee Gold Project - 126,685oz For personal use only • Coogee Gold-Copper Project current MRE - ➢ 3.65Mt @ 1.08 g/t Au for 126,685 ounces of gold ➢ 1.01Mt @ 0.41% Cu containing 4,133t copper metal • Gold mineralisation extends along strike for 1.2km at an average width of 350m and exten
Slide 16: Priority Gold-Copper drill targets at Coogee
Priority Gold-Copper drill targets at Coogee For personal use only • Historic drilling within M26/477 defined two magnetic mineralised copper-gold trends north and west of the Coogee Deposit • Substantial exploration opportunities are located north of the Coogee Pit area, remains open along strike a
Slide 17: Fully Funded Exploration Strategy, Eureka Profit Streams to start 2026
Fully Funded Exploration Strategy, Eureka Profit Streams to start 2026 For personal use only • Javelin strong cash position, fully funded ~$4.5m in bank • Javelin to receive monthly profit prepayment of $250,000 cash from start of processing ore, expected from Q3 2026 • Eureka Mining ~18-month opera
Slide 18: Compelling WA Goldfields Investment Proposition
Compelling WA Goldfields Investment Proposition Javelin’s dual strategy for delivering growth on Enterprise Value for Shareholders: For personal use only ➢ Near-term production – 18-month mining operation, starting Q2 2026 ➢ Fully funded w $4.5m cash - fast track priority exploration and secure new
Slide 19: Contact and References
For further Brett Mitchell Executive Chairman Paul Armstrong Investor Relations For personal use only information: Javelin Minerals Ltd Read Corporate +61 8 6319 1900 paul@readcorporate.com.au info@javelinminerals.com.au References: ASX ANNOUNCEMENTS • 11/11/2025 – (ASX: JAV) New Eureka Drilling Pro
Slide 20: Eureka and Coogee Mineral Resource
Eureka and Coogee Mineral Resource For personal use only Tonnage Grade Contained Metal Classification (t) (g/t Au) (Oz Gold) Indicated 1,359,500 1.80 78,677 EUREKA Inferred 682,088 1.46 32,010 TOTAL 2,041,588 1.69 110,687 Indicated 963,242 1.31 40,563 COOGEE Inferred 2,691,589 1.00 89,122 TOTAL 3,65
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