Metal Bank Ltd · ASX:MBK
Metal Bank — Investor Presentation (February 2026)
17 slides from Metal Bank's investor presentation, Feb 2, 2026
Slide 1: Executing Gold and Critical Minerals Projects
For personal use only EXECUTING GOLD and CRITICAL MINERALS PROJECTS Fast-Tracking Australian High-Quality Projects to Production
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer Purpose of this document This presentation dated 1 February 2026 has been prepared by Metal Bank Limited ACN 127 297 170 (MBK) for general information purposes using the information available to MBK at that date. The information in the Presentation is of a general na
Slide 3: Corporate Overview – Experienced and Proven Leadership Team
Corporate Overview – Experienced and Proven Leadership Team Tim Gilbert Mr Gilbert is a mining engineer with more than three decades of experience in a range of senior roles in the resources sector across multiple commodities, including battery and base metals, diamonds and gold. His expertise cover
Slide 4: Executing Gold and Critical Minerals Projects
Executing Gold and Critical Minerals Projects Strategic Gold Acquisition Positions MBK for near term gold production in WA ▪ MBK – Livingstone (Au), Millenium (Co, Cu, Au and Graphite) & SE Qld Projects (Au) ▪ MBK completed the acquisition of Hastings’ WA gold assets on 5 December 2025*: For persona
Slide 5: Investment Summary – The MBK Opportunity
Investment Summary – The MBK Opportunity Expanding high quality WA Gold portfolio1 and Exposure to Copper & Critical Metals at the Millennium Project in Qld ▪ Whiteheads Gold Project - approximately 80km NE of Kalgoorlie For personal use only ▪ Seven Leaders – first production opportunity ▪ JORC 201
Slide 6: The MBK Opportunity – transition to a gold miner
The MBK Opportunity – transition to a gold miner 2026 2027 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 M application, Govt Approvals for small mine Permitting Native Title & Access Agreements Whiteheads Ore For personal use only Mine Seven Technical Plan/sched Processing Agreement Leaders Access works Mine Operations c
Slide 7: Whiteheads Project, WA
Whiteheads Project, WA MRE at Seven Leaders, multiple prospects, potential for significant expansion ▪ 80km North of Kalgoorlie in world class minerals province ▪ Several operating processing plants within trucking distance for toll For personal use only treatment ▪ 13 EL’s, 1 PL and 1ML covering 38
Slide 8: Whiteheads – Three near term production targets
Whiteheads– Three near term production targets Seven Leaders ▪ Most advanced prospect ▪ Outcrops at surface ▪ Structurally controlled mineralization drilled from near surface to For personal use only approx. 100m below surface • Maiden JORC 2012 MRE of 138,000t @ 1.4 g/t for 6,300oz (6,200oz Indicat
Slide 9: Whiteheads – Seven Leaders – mining in Q3/Q4, 2026
Whiteheads – Seven Leaders – mining in Q3/Q4, 2026 Seven Leaders – work in progress ▪ Mine Lease application ▪ Mine design optimisation –ongoing work on Option 4 to maximise gold recovery ▪ Mining Contractor consultation & mine optimisation ▪ Mining Proposal For personal use only ▪ Native Title – we
Slide 10: Livingstone Project, WA
Livingstone Project, WA Existing Resources, multiple prospects, potential for significant expansion March 2025 Resource Upgrade1 • 73% increase in Livingstone global gold resource to 2.81Mt @ 1.36g/t Au for 122.6koz Au For personal use only • Kingsley – 139% increase in Au oz to 1.68Mt @ 1.35g/t Au
Slide 11: Livingstone Project, WA
Livingstone Project, WA Existing Resources, multiple prospects, potential for significant expansion The new resource and modelling work has also identified numerous gold targets over more than 40km of strike length, with limited drill testing or which remain untested. For personal use only These gol
Slide 12: Darcy's and Ark Gold Tenements
Darcy’s and Ark Gold Tenements Darcys Ark Darcys Gold Project is 16 km S-SW of the HAS Brockman Project site and is part of a highly enriched regional Ark Gold Project is 50 km SE from HAS’ Yangibana Project site and is part of a highly enriched regional geological gold setting and gold mining area
Slide 13: Millennium Project - Queensland
Millennium Project - Queensland Mt Isa Inlier – World Class Minerals Province – Major Projects Located within the Mt Isa-Cloncurry copper region of NW Queensland ~19km from the Rocklands copper-cobalt processing facility • Near term high-grade copper & cobalt resource on granted mining leases For pe
Slide 14: Millennium Project – graphite and the "Gap Zone"
Millennium Project – graphite and the “Gap Zone” Potential for significant upside …… • Demand driven by electrification • Move toward fine fraction graphite for battery anodes and lubes For personal use only • Graphite sits in the HW and within the Cu/Co pit shell – “free mining” • Over 2kms of stri
Slide 15: Millennium Project – graphite and the "Gap Zone"
Millennium Project – graphite and the “Gap Zone” Potential for significant upside …… • The Gap Zone – tenement previously held by Harmony • Potential to add significant value to the Project and now released • Increasing the size of the pit into the “Gap Zone” • MBK has applied for a ML to consolidat
Slide 16: Appendix – Millennium Mineral Resource Estimate – Material Factors
Appendix 1 – Millennium Mineral Resource Estimate – Material Factors For personal use only Investor Presentation – February 2026 www.metalbank.com.au | Page 16
Slide 17: Thank You
For personal use only Tim Gilbert, CEO Tim@metalbank.com.au Sue-Ann Higgins, Executive Director and Company Secretary THANK YOU Sue-ann@metalbank.com.au Registered Office Metal Bank Limited Suite 506, Level 5, 50 Clarence Street, Sydney NSW 2000 Email: info@metalbank.com.au ASX Code: MBK | www.metal