Magnum Mining And Exploration Limited · ASX:MGU
Magnum Mining And Exploration — Non-Deal Roadshow (September 2026)
14 slides from Magnum Mining And Exploration's roadshow presentation, Sep 9, 2026
Slide 1: Unlocking a Large-Scale Brazilian IAC REE Opportunity
Unlocking a Large-Scale Brazilian IAC REE Opportunity 59 60 65 66 Pr Nd Tb Dy Praseodymium Neodymium Terbium Dysprosium KEY MREO — MILD LEACHING, HIGH DESORPTION CONFIRMED IAC DISCOVERY • SYSTEMATIC DRILLING UNDERWAY Non-Deal Corporate Presentation – September 2026 | mmel.com.au ASX:MGU | OTCID:MGUF
Slide 2: Important Disclaimer – Competent Person's Statement
Important Disclaimer COMPETENT PERSON'S STATEMENT The information in this presentation that relates to Exploration Results and the Piracanjuba North Exploration Target is based on, and fairly represents, information and supporting documentation prepared and compiled by Mr Leonardo Deringer Fraga, P.
Slide 3: Important Disclaimer – Forward Looking Statements
Important Disclaimer FORWARD LOOKING STATEMENTS This presentation contains “forward-looking information” that is based on the Company’s expectations, estimates and projections as of the date on which the statements were made. This forward-looking information includes, among other things, statements
Slide 4: Corporate Snapshot
Corporate Snapshot Experienced & aligned leadership. Strongly positioned to capture exploration & development upside. $0.007 AU$22.5m AU$3.7m 3.21bn ~10% Share Price¹ Market Cap. Cash² Shares on Issue Mgt. Holding Antonio Vitor Junior Michael Davy Athan Lekkas Non-Executive Chairman Non-Executive Di
Slide 5: Exploration-led Growth Strategy
Exploration-led Growth Strategy Large-scale drilling is underway at Piracanjuba North, the current drill focus within the Azimuth project, with multiple near-term catalysts within scope. In parallel, high-grade projects in the U.S. are advancing towards drill targeting. Azimuth Parker Wet Mountain F
Slide 6: AZIMUTH — Securing an Optimal IAC Setting
AZIMUTH — Securing an Optimal IAC Setting Azimuth is positioned in a prolific Brazilian mineral corridor, where deep tropical weathering provides a compelling setting for IAC REE discovery. ✓ District-Scale Position ▪ The Azimuth REE Project consists of 64 granted tenements covering ~1,049km² across
Slide 7: AZIMUTH — Advantage of IAC From Granite
AZIMUTH — ADVANTAGE OF IAC FROM GRANITE LOW COST · SIMPLE PROCESS · HIGH-VALUE BASKET Ionic Adsorption Clay (IAC) hosted in a granite plateau at Piracanjuba North has the potential for a simple, low-cost and high-value rare earths operation. WHY IAC FROM GRANITE PLATEAU IS ATTRACTIVE ✓ Potential for
Slide 8: Why Desorbable Grade Is the Number That Matters
Why Desorbable Grade Is the Number That Matters In ionic adsorption clay deposits the rare earths sit loosely on clay particles rather than locked inside hard mineral crystals, so a portion is released by washing with a mild salt solution, avoiding the crushing, roasting and aggressive chemistry har
Slide 9: What Comes Off the Clay, and Where It Sits
What Comes Off the Clay, and Where It Sits Desorption does more than release rare earth. The material recovered by the leach is richer in the high-value magnet rare earths than the rock it came from, and the mineralisation itself sits in a shallow band close to surface. [26] 9
Slide 10: PIRACANJUBA NORTH — Drilling Programme and Supporting Infrastructure
PIRACANJUBA NORTH — Drilling Programme and Supporting Infrastructure DRILLING PROGRAMME ▪ Systematic ~10,000m auger campaign underway at Piracanjuba North ▪ 708 holes drilled to date; 9,001m, approximately 90% of the programme ▪ 298 holes reported, all returning TREO mineralisation with no blank res
Slide 11: ILLUSTRATIVE INDUSTRY CASE STUDY — Serra Verde / Pela Ema
ILLUSTRATIVE INDUSTRY CASE STUDY — Serra Verde / Pela Ema Cautionary Note: Serra Verde / Pela Ema is presented as an illustrative industry case study demonstrating how a large-scale, granite-hosted IAC rare earth system, with suitable grades, recoverability and development characteristics, can suppo
Slide 12: PIRACANJUBA TIMELINE
PIRACANJUBA TIMELINE PATH TO DEVELOPMENT – KEY MILESTONES COMPLETED Exploration Ore Metallurgical Optimisation Testwork Target Characterization Evaluate opportunities to improve PFS desorption and recovery Aug 2026 Oct 2026 Nov 2026 Jun 2027 1 2 3 4 5 6 7 8 MAIDEN 700–1,200 Mt Radiation JORC MRE Ini
Slide 13: Piracanjuba Key Takeaways
Piracanjuba Key Takeaways ✓ Confirmed IAC Discovery ✓ Exploration Target: 700–1,200 Mt ✓ Key MREO Content — Strong Magnet REE Component 500–650ppm head grade across ~44km² of drill- All holes intersected near-surface REE Magnet rare earth oxide (MREO) is 32.5% of desorbable supported domains. Desorb
Slide 14: Contact
Contact INVESTOR RELATIONS Rowan Parchi EMAIL Rowan@mmel.com.au PHONE +61 402 539 380 ADDRESS Level 1, 180 Albert Rd, South Melbourne VIC 3205 Magnum Mining & Exploration | www.mmel.com.au ASX:MGU | OTCID:MGUFF ASX:MGU | OTCID:MGUFF 14
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