Slide 1: Accelerating quality critical metals assets
For personal use only Accelerating quality critical metals assets Monument Gold Project, Laverton WA Pimenta Rare Earth Elements, Brazil Copper-Silver Portfolio, Botswana IMARC Presentation Investor PresentationOctober December 2025 2024 Verity Resources Verity Resources Limited Limited || ASX:VRL A
Slide 2: Disclaimer
Disclaimer These presentation materials and any accompanying verbal presentation (together, the Presentation Materials) have been any estimates or projections and any other financial information derived therefrom. prepared by Verity Resources Limited (Company) as at 22 October 2025 and statements ar
Slide 3: Corporate Profile
Corporate Profile VRL $0.020 405m 114m $8.1m $3.5m $0 $4.6m ASX Code Share Price ORD Shares on Unlisted Options Market Cap Cash (includes $3M Debt Enterprise Value (close price 22.10.2025) Issue1 ex.$0.022 expiring 19 Mar (undiluted) Placement commitments2) For personal use only 2028 Board Capital S
Slide 4: Quality Assets in Pro Mining Jurisdictions
Quality Assets in Pro Mining Jurisdictions LAVERTON GOLDFIELDS, WESTERN AUSTRALIA BRAZIL MONUMENT GOLD PROJECT (100%) PIMENTA REE PROJECT (70% JV) For personal use only • 3.26Mt @ 1.4g/t Au JORC (2012) Inferred Resource (154koz Au) – open in all • Auger drill program returned consistent high grade R
Slide 5: Monument Gold Project – Laverton Gold District
Monument Gold Project – Laverton Gold District The Laverton Tectonic Zone has >40 million ounces of gold and yielded some of Australia’s best known gold mines Established Gold Resource For personal use only • Inferred Resource (JORC 2012) 3.26 Mt @ 1.4 g/t Au (154koz Au) • 100% owned, strategically
Slide 6: Monument Gold Project – 154koz Mineral Resource Estimate
Monument Gold Project – 154koz Mineral Resource Estimate 3.3Mt @ 1.4g /t Au JORC Inferred Resource (CSA Global) For personal use only • Mineralisation from surface remains open along strike and at depth, down-plunge of the modelled higher grade shoots • Potential for open pit mining • Resource is a
Slide 7: M&A - Right Place, Right Time
M&A - Right Place, Right Time Western Australia is experiencing major consolidation among ASX-listed majors, reflecting a strategic push towards consolidation and growth For personal use only Transaction Value Goldfields (NYSE:GFI) completes acquisition of Gold Road Oct-25 $3.7b Resources (ASX:GOR)
Slide 8: WA Gold Explorers – Peer Comparison EV/oz
WA Gold Explorers – Peer Comparison EV/oz ($) “[Monument is] one of the biggest – if not biggest – gold resource held by a junior explorer with a sub -$10 million market cap.” - Barry Fitzgerald, FY26 Gold & Copper Investor Guide 5.0 For personal use only $302.50 $300 EV/oz ($) 4.5 Resource Grade (g
Slide 9: Monument Gold Project 10,000m Resource Upgrade and Expansion Program
Monument Gold Project For personal use only 10,000m Resource Upgrade and Expansion Program Phase 1 (3,600m) Success Phase 2 (6,400m) in progress 9
Slide 10: Resource Upgrade Drilling – Phase 1 Success
Monument Gold Project – Resource Upgrade Drilling – Phase 1 Success Phase 1 RC Drilling confirms increasing confidence in Inferred Resource For personal use only • First stage 3,630 metre RC drill program at the Korong (139koz Au) deposit completed • 54 holes on 25 x 25 drill pattern to infill and t
Slide 11: Korong High Grade Infill Drill Intercepts
Monument Gold Project – Resource Upgrade Drilling – Phase 1 Success Korong High Grade Infill Drill Intercepts For personal use only Consistent, +1g/t Au intercepts across 54 drill holes, 6,300 metres 7.7m @ 6.37g/t from 78m including 7.7m @ 2.25g/t from 64m 1m @ 1m @ 38.0g/t 5.8m @ 2.95g/t from 62m
Slide 12: Phase 2 RC + DD Drilling
Phase 2 RC + DD Drilling Phase 2 Diamond and RC Drilling to test Resource Expansion Potential For personal use only • Stage 2 6,400 metre Diamond and RC drill program at the Korong (139koz Au) and Waihi (15kmoz) deposit commenced • 77 holes on 25 x 25 drill pattern to test down-plunge and along-stri
Slide 13: Resource Upgrade Drilling – Phase 2 in progress
Monument Gold Project – Resource Upgrade Drilling – Phase 2 in progress Waihi 15koz Resource • 25 x 25 drill pattern to test down-plunge and along-strike For personal use only extensions and infill of most prospective zones High grade previous intercepts: 2.7m @ 5.71 g/t from 62m 2.1m @ 2.45 g/t fro
Slide 14: Verity's Monument Strategy – Explorer to Emerging Developer
Verity’s Monument Strategy – Explorer to Emerging Developer Brownfields Strategy (Korong -Waihi 154koz Au Resource) Resource Upgrade Resource Expansion 3 Metallurgy For personal use only 1 2 • Preliminary pit study (complete) • Met studies (commenced) • JORC Resource upgrade drilling from Inferred t
Slide 15: Monument Resource Upgrade and Expansion – Fast Tracking to Development
Monument Resource Upgrade and Expansion – Fast Tracking to Development Pre Feasibility Study For personal use only Preliminary Metallurgical Mining Permitting Stage 2 Resource Testwork Mining Licence Grant upgrade and expansion Mining Proposal lodgement with DMPE drilling (DD and RC) Data audit, QA/
Slide 16: Monument Gold Project – Project Upside
Monument Gold Project – Project Upside Potential Intrusive Targets Intrusive-Related Gold Systems For personal use only • Identified prospective syenite intrusive targets analogous to significant nearby discoveries (e.g., Wallaby, Jupiter, Cameron Well deposits) • Intrusive-hosted systems often deli
Slide 17: Additional Targets Outside of Resource - Fred's Well
Additional Targets Outside of Resource - Fred’s Well Shallow, Broad High -Grade Gold Mineralisation For personal use only • Along strike of 7km Korong-Waihi Resource Corridor 50m width x 1.1km mineralised strike High grade intercepts over 1.1km strike 24m @ 3.24 g/t from 44m, including 12m @ 6.35 g/
Slide 18: Pimenta REE-Ga Project – Minas Gerais, Brazil
For personal use only PIMENTA REE-GA PROJECT – MINAS GERAIS, BRAZIL Emerging rare earth discovery in a world-class discovery region 18
Slide 19: Brazil: Pimenta REE Project – Size and Scale
Brazil: Pimenta REE Project – Size and Scale Pimenta REE – High Grade Surface Discovery • Surface sample returned up to 25,817ppm TREO (2.6%), with 25% high-value For personal use only Magnetic Rare Earth Oxides (MREO) • >20km radiometric anomaly confirmed correlates with high-grade REE zones • a si
Slide 20: Botswana Copper-Nickel-Silver-PGE
For personal use only BOTSWANA COPPER-NICKEL-SILVER-PGE Advanced Ni-Cu-Ag-PGE and Cu- Ag assets with defined resource and district-scale upside Above: Malachite mineralisation in trench sampling at Dibete (ASX release 20 September 2023) 20
Slide 21: Botswana: 100% Owned Copper-Silver-Nickel-PGE
Botswana: 100% Owned Copper-Silver-Nickel-PGE October 2025 – exercise of pre-emptive right to acquire 34% Joint Venture interest, takes VRL to 100% ownership of Botswana portfolio (ASX release 13 October 2025) Advanced Ni-Cu Resource For personal use only • Established resource at Maibele North: • 2
Slide 22: Botswana: 100% Owned Copper-Silver-Nickel-PGE
Botswana: 100% Owned Copper-Silver-Nickel-PGE 2. 16km mineralised trend For personal use only 1. MAIBELE NORTH Resource 2.38Mt 10780a 4. UNTESTED AREA 10830a 3. Extension Drilling 1. JORC Resource (775m strike length) 3. Extension drilling returned over 0.5km of continuous mineralisation along strik
Slide 23: Botswana: 100% Owned Copper-Silver and Copper-Nickel-PGE
Botswana: 100% Owned Copper-Silver and Copper-Nickel-PGE Maibele North: Ni + Cu in massive sulphide core For personal use only Airstrip: Cu + Ag in Bornite seen in diamond core Dibete: Old workings with copper exposed on rock face at surface Source: ASX:VRL presentation released 28 November 2014 23
Slide 24: Dibete Copper-Silver – over 3.5km strike
Dibete Copper-Silver – over 3.5km strike High Grade Copper-Silver Intercepts 36m @ 1.37% Cu, 70g/t Ag from 12m, including For personal use only 2.5m @ 2.5m @ 7.41% Cu, 456g/t Ag 20m @ 1.13% Cu, 29.5g/t Ag from 30m, including 2m @ 3.25%Cu, 114.1g/t Ag 17m @ 2.7% Cu, 40.5g/t Ag from 16m 11m @ 4.5% Cu,
Slide 25: Airstrip Copper-Silver
Airstrip Copper-Silver • Anomaly in soils 3.5km x 3.5km • Multiple IP conductors remain to be tested • Results to date have confirmed correlation between conducter and copper mineralization, with 13 conductors drilled and mineralised For personal use only High Grade Copper-Silver Intercepts 11m @ 7.
Slide 26: Investment Proposition, Monument Gold Project
For personal use only Verity Resources – Investment Proposition, Monument Gold Project (Laverton, WA) Strategically located Established Resource Systematic drilling Additional high-grade near major gold base (154koz gold) with underway to upgrade targets resource-drill discoveries and significant ex
Slide 27: JORC Mineral Resource Estimates
JORC Mineral Resource Estimates Monument – Western Australia (100% Owned) For personal use only JORC (2012) Inferred Resource was calculated at Korong and Waihi by CSA Global Pty Ltd in 2021 using a 0.5g/t gold cut-off grade. See the ASX announcement on 2 August 2021 “Mineral Resource Estimate Decla
Slide 28: References
References Information Referenced from ASX Company Releases 10. ASX:VRL ASX Release 30 October 2024 “Quarterly Activities Report” 1. ASX:GOR: ASX Release 14 October 2025 “Scheme of Arrangement has been Implemented” 11. ASX:VRL ASX Release 5 October 2023 “Drilling Commences at Airstrip Cu-Ag Project
Slide 29: Appendix A – Peer Comparisons
Appendix A – Peer Comparisons Source data for peer comparisons ASX Code Project Resource Classification Moz Au (g/t) Source and ASX release date MAU Lady Julie Indicated 0.58 1.74 2025 Annual Report, 26 September 2025 Inferred 0.65 1.65 Total 1.23 1.69 For personal use only GG8 Global MRE (Comet Val
Slide 30: Contact
For personal use only Contact Patrick Volpe - Director info@verityresources.com.au Investor Presentation December September2024 2025 Verity Resources Limited | ASX:VRL ACN 122 995 073