Emetals Limited · ASX:EMT

Emetals — Investor Presentation (October 2026)

16 slides from Emetals's investor presentation, October 2026

  1. Slide 1: District Scale Tungsten Exploration in the Mineral Range, Utah

    DISTRICT SCALE TUNGSTEN EXPLORATION IN THE MINERAL RANGE, UTAH “Working with industry and governmental partners, the Institute for Critical and Strategic Minerals will position Utah as the nation’s hub for critical mineral production”1 INVESTOR PRESENTATION | OCTOBER 2026 emetalslimited.com.au | Pag

  2. Slide 2: Disclaimer

    DISCLAIMER This presentation has been prepared by eMetals Limited ("Company"). It does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the Company. You should not treat the contents of this presentation, or any informa

  3. Slide 3: Investor Highlights

    INVESTOR HIGHLIGHTS High-grade US tungsten project leveraged to critical minerals demand District-scale, high-grade brownfield Clear pathway to drilling opportunity • Supported by a well-understood geological • 100% ownership across 2,782 acres homepage.png model and near-term exploration program (1

  4. Slide 4: Corporate: Capital Structure and Major Shareholders

    CORPORATE Capital Structure and Major Shareholders Capital Structure Shareholder breakdown Company Directors Wholesale Retail $4.0 M $1.7 M Market Capitalization Cash Balance (30 September 2026) (30 June 2026) 9% 30% 97.5 M 7.5 M 54% Issued Share Capital Performance rights Top 10 Shareholders 61% em

  5. Slide 5: Directors

    DIRECTORS Experienced Board with strong Tungsten experience GARY LYONS Chairman Gary Lyons is an experienced Australian business leader and company director with a strong track record across the resources, mining services, and industrial sectors where he has served at board level for more than 40 ye

  6. Slide 6: Management

    MANAGEMENT Strong local partner with excellent contact network within local mineral industry and regulatory environment STUART BURGESS Partner, Burgex Stuart Burgess has nearly two decades of experience and has overseen hundreds of mineral exploration projects across a diverse range of commodities w

  7. Slide 7: Tungsten Market Skyrockets

    TUNGSTEN MARKET SKYROCKETS HIGH PERFORMANCE, STRATEGIC METAL1 DEMAND ↑ (Structural Shift) • Highest melting point of all element • Defence-led restocking in Europe & North America (3,422°C) • Increasing focus on secure supply chains • Extremely dense, hard and heat resistant • Middle East escalation

  8. Slide 8: Mineral Range Tungsten Project

    MINERAL RANGE TUNGSTEN PROJECT EXCELLENT JURISDICTION GEOLOGY • Located in Utah, USA, mining-friendly • 145 granted minerals claims covering jurisdiction with established infrastructure 2,782 acres (1,125 hectares) of the • Access to roads, power and nearby Mineral Range Batholith processing infrast

  9. Slide 9: Project Location

    PROJECT LOCATION Approximately 12km of strike length providing multiple exploration prospects emetalslimited.com .au | Page 9

  10. Slide 10: Historic Production

    HISTORIC PRODUCTION Project area including multiple past producing mines1 MINE/GROUP TONS SHIPPED AVG. WO3 % Garnet Group (Daily Metal Mines 634 0.640% Inc) Big Pass Group (Strategic Metals 279 0.789% Inc) 2 R’s Property 70 0.580% 1. Tungsten Deposits of the Mineral Range, Beaver County, Utah by Art

  11. Slide 11: Project Geology

    PROJECT GEOLOGY Prospective 12km Scheelite Skarn System • The Mineral Range Batholith, which forms the structural core of the range, is the primary source of mineralisation in the district. • The batholith intruded the surrounding Paleozoic carbonate rocks altering them to scheelite-bearing, garnet-

  12. Slide 12: Field Activities

    FIELD ACTIVITES Systematic Skarn Targeting from Data to Drill Ready Targets • Initial field activities have included detailed geological and structural mapping, channel sampling, selective underground re-entry and field reconnaissance including UV scheelite scanning and XRF assay • A total of fifty-

  13. Slide 13: Drill Plan Map

    DRILL PLAN MAP • Pad 1: Three drillholes to test mineralization along strike and at depth + one look-out hole to investigate potential structures/offset (intrusion vs fault). • Estimated meters: 300 meters • Pad 2: Three drillholes to characterize the southern extension of mineralization adjacent to

  14. Slide 14: News Catalysts

    E-METALS News Catalysts June Q Sept Q Dec Q 2027 Geological Mapping Drilling Drilling Continues Resource Definition Rock Chip Sampling Commences Metallurgical Test Work Channel Sampling Underground Re-Entry UV Scheelite Scanning emetalslimited.com.au| | Page 14 emetalslimited.com.au

  15. Slide 15: Investment Summary

    INVESTMENT SUMMARY 100% acquisition of a district-scale, high-grade tungsten project in Utah, USA with ~12km of prospective strike and significant scale Located in a historically producing district with multiple high-grade mines, confirming strong mineralisation and system fertility Brownfield oppor

  16. Slide 16: Contact Us

    CONTACT US info@emetalslimited.com.au Ground Floor, 28 Ord Street West Perth WA 6005 +61 8 6385 2282 emetalslimited.com.au emetalslimited.com.au | Page

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