Neometals Ltd · ASX:NMT
Neometals — Investor Presentation (July 2026)
29 slides from Neometals's investor presentation, Jul 22, 2026
Slide 1: Innovative Project Developers – Investor Presentation July 2026
For personal use only Innovative Project Developers Authorised for release by Christopher Reed, Managing Director of Neometals Investor Presentation | July 2026 ASX: NMT | OTCQX: NMTAY | DEU: 9R9 ASX: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer Summary Information, Not Financial Product Advice or Offer Reliance on Third Party Information This presentation has been prepared and issued by Neometals Ltd (Neometals, or the Company) to provide summary To the extent this presentation contains information that has
Slide 3: Important Notices and Disclaimer (continued)
Important Notices and Disclaimer (continued) Compliance Statement appears. Information in this report that relates to Exploration Targets and Exploration Results reported by the Company during The Competent Person cautions that certain Exploration Results and production data contained within this re
Slide 4: Important Notices and Disclaimer (continued)
Important Notices and Disclaimer (continued) Competent Person Statement – Utah Brine Project mineral interests, including State and SITLA tenure, and brine-hosted mineralisation may extend across tenure boundaries. As a result, future development may require pooling, unitisation, joint development a
Slide 5: Developing Gold and Lithium Production is in our DNA
Developing Gold and Lithium Production is in our DNA For personal use only Comet Vale (2002-2009) Au Meekatharra (2011-2013) Au Li-B Recycling (2019-2025) Li Mt Marion (2015-2018) Li ASX: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au ASX: NMT | OTCQX: NMTAY | DEU: 9R9 5
Slide 6: Gold strategy to support cash generation, Critical Metals for Growth
Gold strategy to support cash generation Critical Metals for Growth Capital-light Development Pathway Through Mining Services JV/Toll Milling Model Self-fund resource growth Commodity Lithium Vanadium NMT 2 Camp Scale 51% 1 86.1% Opportunity Ownership in Prolific For personal use only Goldfield Stag
Slide 7: Strong Team and Culture
15+ years experience in finance roles across the resources sector, for listed and non-listed mining operating companies Strong Team and culture B O A R D & K EY M A N AGEMEN T Steven Cole Darren Townsend MANAGING For personal use only DIRECTOR NON-EXEC CHAIRMAN EXECUTIVE DIRECTOR/coo Chris Kelsall M
Slide 8: Corporate Overview
Corporate Overview NMT has returned over A$82M to shareholders via dividends, buy-backs and return of capital ASX: NMT OTCQX: NMTAY Shares on Issue (1) m 875.5 RELATIVE PRICE PERFORMANCE Share Price (16-Jul-26) A$ 0.019 300 30 Market Capitalisation (17-Jul-26) A$m 16.6 For personal use only Cash (30
Slide 9: Barrambie Gold
For personal use only Barrambie Gold Barrambie Gold Project 100% Neometals ASX: NMT | OTCQX: NMTAY | DEU: 9R9 ASX: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au
Slide 10: Barrambie Flythrough
For personal use only Barrambie Flythrough An illustrative video will be shown during the presentation but will not be lodged with, or available on, ASX. ASX: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au
Slide 11: Geology
Geology KEY FEATURES OF BARRAMBIE PROJECT: • Crustal-scale Youanmi Shear Zone (YSZ) traverses length of Project . YSZ is associated with +5M Oz Au combined mined & remaining Resources (Sandstone & Youanmi only*); For personal use only • Fertile hosts rocks with gold occurrences in all major stratigr
Slide 12: Production JV – Ironclad Deposit
Production JV11,19 Ironclad Deposit Mining services JV with experienced mining contractor BML Ventures Pty Ltd (BMLV) over open-pittable mineralisation from MLA57/674; For personal use only BMLV to fund the majority of pre-mining activities; Subject to FID, BMLV to fund and manage mining and haulage
Slide 13: Ironclad Deposit Mineral Resource Estimate and FY27 drill programs
Ironclad Deposit Mineral Resource Estimate and FY27 drill programs 15 Historic and 2025 infill drilling has improved modelling of a higher-grade subset of mineralisation estimated to contain 180,000t @ 2.1 g/t Au; Approximately 86% of contained ounces now in Indicated For personal use only category;
Slide 14: Scoping Study Metrics
Scoping Study Metrics 16 Scoping Study cost model base case indicates potential for up to Scenario A Scenario B $23M free cash flow generation from Ironclad Gold deposit; Key Parameters Units 90% Recovery 85% Recovery Gold price assumption at A$7,000/oz. and 0.8 g/t Au cut-off grade; Mining 12
Slide 15: Rinaldi Copper Upside
Rinaldi Copper Upside 40km prospective geology along strike from Solstice Minera’s Nanadie Deposit; latest IP work identified clear drill targets. Rinaldi target area relative to regional tenure Rinaldi Cross section and significant intersections Exploration read-through 1 Confirmed For personal use
Slide 16: IP survey identifies three priority drill targets
IP survey identifies three priority drill targets21 T2 - highest priority step-out target Strong coincident chargeability and resistivity anomaly ~700m NE of the historic workings; response extends >200m laterally and >300m vertically. For personal use only Exploration results and geophysical anomal
Slide 17: Prospect Pipeline and Exploration Strategy
Prospect Pipeline and Exploration Strategy Avanti Exploration Pty Ltd For personal use only BROWNFIELDS DRILL STRATEGY IDENTIFIES NEXT TIER OF TARGETS TO ADVANCE CAUTIONARY STATEMENT- EXPLORATION TARGET The Competent Person cautions that the potential quantity and grade of the Exploration Target are
Slide 18: Indicative Forward Work Plan
Indicative Forward Work Plan Catalysts aligned to cashflow pathway and resource growth Investor-facing catalyst stack 1 Resource Development Infill / extension drilling, resource estimate updates For personal use only 2 Execution Readiness Mining approvals, contractor mobilisation, tolling pathway 3
Slide 19: Utah Brine Project
For personal use only Utah Brine Project 1 Brine. 2 Critical Minerals. 3 Federal Mandates . Utah Brine Corporation (UBC) Neometals 51% Omaha Value, Inc. 49% 19 3 K Li Potassium Lithium
Slide 20: Executive Summary
Executive Summary A single U.S. brine system. Two Dual products from one brine 01 Lithium chemicals plus MOP potash creates a differentiated domestic critical-minerals platform. Potential scale strategic products. Scalable capital-light entry. 02 Exploration Target 1.9 – 6.4 Mt LCE and 94-320 Mt of
Slide 21: Location – Lisbon Valley, Utah
Location – Lisbon Valley, Utah Paradox Basin. Known geology. For personal use only Image Source: UBC Utah Brine Project and peer locations within Paradox Basin formation Geological layers in Paradox formation defined by gamma ray logs Utah Brine Project ASX: NMT | OTCQX: NMTAY | DEU: 9R9 21
Slide 22: Geological Setting and Brine Potential
Geological Setting and Brine Potential 29 layers of prehistoric salts. Mother nature has already performed the hard work. For personal use only PARADOX FORMATION HIGH-K LAYERS 29 layers ⁽3⁾ 9 Evaporitic paleo-seawater brines Same layers mined commercially by Intrepid Potash at Moab since confined by
Slide 23: Brownfield Footprint
Brownfield Footprint Wellfield infrastructure for sampling and potential production. Potential access to low-cost power and gas and plant-site on private land. For personal use only INACTIVE O&G WELLS PROJECT LOCALITY 23 ⁽¹⁾ 80,000 ac ⁽¹⁾ Historic production and brine Potash lease nominations, compo
Slide 24: Integrated Processing Route
Integrated Processing Route Potash first, then Lithium. Brine extraction 01 Existing wells and potential future production wells For personal use only MOP recovery 02 Potassium recovered first as MOP / KCl. 03 Li-bearing bitterns Post-potash brine remains lithium-bearing. DLE 04 LiCl concentration a
Slide 25: Federal Funding Pathway and Funding Precedents
Federal Funding Pathway Funding Precedents Opportunities for US Government support and non-dilutive capital path ENERGY · DOE · CMEI / LPO Not assumed. But on file. For personal use only Brine DLE pilot & project finance Pilot and demonstration grant opportunities, with debt funding potential for la
Slide 26: Investment Thesis and Indicative Work Program
Investment Thesis Indicative Work Program Value Catalysts FY27 Forward-looking statements only. References to exploration targets, future resource estimates and scoping study outcomes are subject to technical, regulatory, funding and market risks. See prior ASX announcements and JORC cautionary stat
Slide 27: Summary
For personal use only Summary Utah Brine Project ASX: NMT | OTCQX: NMTAY | DEU: 9R9
Slide 28: Exposure to Gold and Critical Metals – Multiple Shots on Goal
Exposure to Gold and Critical Metals – Multiple Shots on Goal Commodity Diversification – Balanced exposure to gold (cashflow stability) + lithium/vanadium (growth) materially reduces single-commodity cyclicality. For personal use only Business Model Diversification – Capital-light mix of targeted n
Slide 29: Neometals Ltd
For personal use only Neometals Ltd neometals.com.au ASX: NMT | OTCQX: NMTAY | DEU: 9R9 ASX: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au