Sky Metals Limited · ASX:SKY
Sky Metals — Investor Presentation (July 2025)
24 slides from Sky Metals's investor presentation, Jul 31, 2025
Slide 1: Retraction and reissue notice
Sky Metals Ltd (ASX: SKY) (‘SKY’ or the ‘Company’) issued an ASX Announcement tiled ‘Investor Presentation’ on 29 July 2025. Following discussions with ASX, the Company retracts the information contained on slide 10 of the investor presentation which the ASX has deemed relates to reporting on the ba
Slide 2: Competent Persons Statement and Disclaimer
Competent Persons Statement The information in this report that relates to Exploration Results is based on information compiled by Mr. Oliver Davies, who is a Member of the Australasian Institute of Geoscientists. Mr. Oliver Davies is an employee and director of Sky Metals Ltd and has sufficient exp
Slide 3: Moving to the Next Level: The Tallebung Tin Project, NSW
MOVING TO THE NEXT LEVEL THE TALLEBUNG TIN PROJECT, NSW A LARGE AND GROWING RESOURCE, IDEALLY MATCHED “WITH A MODERN TECHNOLOGY ADVANTAGE al wuLY 2025 | OLIVER DAVIES, MANAGING DIRECTOR AND CEO
Slide 4: Disclaimer
Disclaimer Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward looking information, including risks associated with investments in private and publi
Slide 5: Cornerstone asset, team, near-term growth, tin market, pipeline, value
For personal use only CORNERSTONE ASSET QUALITY TEAM NEAR-TERM GROWTH Flagship Tallebung Tin Project in NSW - Highly regarded board & leadership Upsized 15,000m drill program well advanced brownfields asset with substantial JORC team with exceptional track record, led targeting resource growth & upg
Slide 6: Capital structure and leadership
For personal use only CAPITAL STRUCTURE 30+ years in the full-time management of natural 25+ years experience in the mineral resources sector as a resource companies. Past Chairman and Director of geologist and solicitor. Mr. Hill has a successful track record Shares on issue 729.2M listed companies
Slide 7: Structural tin demand growth and supply crunch
For personal use only Fundamental structural demand growth – triggering a supply crunch after Increase in tin demand 30+ years of under- investment Tin Price Tin is vital for EVs, Renewable Energy, AI and all electronics New solar PV tech increases tin use – tin replacing lead and indium in cells So
Slide 8: Tin supply disruption and inelastic price
For personal use only • Inelastic tin price – strong demand underpinned by tin’s irreplaceable role in electronics, increasing demand with AI and EVs • Over 5% of world tin production out when Alphamin’s Bisie tin mine shut in DRC • Heavily disrupted Indonesian tin production decreased by 33% in 202
Slide 9: Major historic tin operation: Tallebung Tin Project
MAJOR HISTORIC TIN OPERATION TALLEBUNG TIN PROJECT For personal use only • Tin discovered in the 1890s and mined into the mid-1980s • Small shafts and open pits mined hard rock tin veins, culminating in large scale alluvial mining production in the 1960s-70s • Infrastructure already in place from pr
Slide 10: Low-cost mining and processing proposition
Tallebung Tin Mine – Drone Photo looking East down For personal use only the Central Lead Open Pit. • Low-Cost Mining Proposition – Shallow deposit at surface, very low strip ratio and growing with every new drill-hole • Exceptional Upgrade – Ore sorting ideally suited to the deposit – increases gra
Slide 11: New shallow higher-grade tin and silver intercepts
• New intercepts show potential for shallow, higher-grade For personal use only tin and silver outside the existing MRE • Three main shallow target areas for Resource growth: • Southern extensions where TBRC078 intercepted: 11m @ 1.02% Sn & 77.9g/t Ag from 64m • New south-eastern silver discovery in
Slide 12: Mineral resource estimate and exploration target
For personal use only • Recent higher-grade expansion not included in the existing MRE or Exploration Target estimates • Jan 2024 MRE, Inferred and Indicated, totalling: 15.6 Mt @ 0.15% Tin for 23kt of contained Tin1 • Exploration Target estimated concurrently: 23 – 32 Mt @ 0.14 – 0.17% Tin1,2 • Tin
Slide 13: Ore sorting ideally matched to Tallebung tin
Cassiterite from Tallebung – For personal use only Scale in mm • Tallebung tin deposit is ideally matched to ore sorting technology Dense tin – cassiterite “nuggets” detected • Conservative TOMRA Ore Sorting increases by ore sorter and accepted grade +500% and rejects +80% of mass Host rock and quar
Slide 14: Ore sorting results: 5x and 44x upgrade
For personal use only • Extremely effective sorting of Tallebung Tin achieved as Tin is ideally present as large, discrete ‘chunks’, easily classified by the TOMRA XRT ore sorter • Initial, conservative ore sorting aimed to accept all rocks with Tin shown in the scan – this gave an average of 5x upg
Slide 15: For personal use only
For personal use only ASX: SKY 13
Slide 16: Progressing work program: trenching and bulk sampling
PROGRESSING WORK PROGRAM: TRENCHING AND BULK SAMPLING For personal use only • Six trenches completed with all intercepting tin mineralisation at surface • Four sites selected and bulk samples taken of 10- 20 tonnes each for bulk metallurgical testwork • Metallurgical testwork includes full-scale TOM
Slide 17: Shallow high-grade tin zone
For personal use only • Shallow, at surface high-grade tin zone identified for fast payback potential at commencement of mining • Results within the high-grade zone include: TBD002: 60.2m @ 0.54% Tin from 12.8m TBD003: 60.55m @ 0.36% Tin from 23m Plan View Aerial Image of the Tallebung Project ASX:
Slide 18: Next steps: drill out, updated MRE, mining studies
For personal use only Large-scale, multi-rig drill out ongoing to expand MRE, increase resource confidence and grow higher-grade discoveries with completion scheduled in the coming months Release updated MRE with addition of higher-grade discoveries, in-fill drilling and bulk sampling data Incorpora
Slide 19: Environmental baseline program
For personal use only • Groundwater Monitoring Bores – Over 18 months of 2 years required monitoring now completed • Geochemical Characterisation – Initial work within the deposit completed to characterise waste Bore Cap management, weathering only variable; Weather station Progressing to kinetic co
Slide 20: For personal use only
For personal use only ASX: SKY 18
Slide 21: Doradilla Tin Project exploration target
• Large-scale Tin Project in north-western NSW For personal use only • Recent metallurgical breakthrough shows ~78% of tin is recoverable into a saleable concentrate • Initial Exploration Target for 2.5km strike1,2: Exploration Tonnage Range Grade Range Contained Metal Target Mt Tin (%) Tin (t) Tota
Slide 22: Appendix
For personal use only
Slide 23: Appendix 1: Tallebung MRE and Exploration Target
For personal use only Details on the MRE and Exploration Target for Tallebung can be found in SKY ASX Table 1 – Tallebung MRE showing total tonnage, grade and contained metals at a 0.08% Tin cut-off grade. NB: Announcement 23 January 2024, available at skymetals.com.au. WO3 refers to the Tungsten re
Slide 24: Appendix 2: Doradilla Exploration Target
For personal use only Details on the Doradilla Exploration Target can be found in SKY ASX Announcement 14 July 2025, available at skymetals.com.au. Table 3: Doradilla Tin Deposit: Initial Exploration Target for 2.5km of the total 7.5km strike Exploration Target Exploration Target Tonnage Range Grade