Broken Hill Gold Ltd. · ASX:BH6
Broken Hill Gold — Pacgold — Bell Potter Unearthed 2026
15 slides from Broken Hill Gold's conference presentation, February 2026
Slide 1: Unlocking the Broken Hill Gold District
Unlocking the Broken Hill Gold District Bell Potter Unearthed 2026 Establishing a dominant position in one of Australia’s most historically significant mining regions ASX:PGO pacgold.com.au
Slide 2: Disclaimer
Disclaimer PURPOSE OF THIS DOCUMENT This presentation has been prepared by Pacgold Limited (“PGO") for general information purposes only using the information available to PGO at the time of publication. This presentation does not purport to be all-inclusive or to contain all the information that yo
Slide 3: Vision: From Junior Explorer to District Producer
Vision: From Junior Explorer to District Producer PACGOLD represents a fundamental departure from the traditional junior mining model. Low-cost acquisition of fully permitted infrastructure coupled with specialised technical expertise. Positioned to execute a district consolidation strategy that cre
Slide 4: The "Self-Funded Explorer" Model
The "Self-Funded Explorer" Model PACGOLD’s transition from explorer to producer is a fundamental shift in the junior mining paradigm, from dilutive equity raises to a cash-generative business model to self-fund growth INVESTOR PRESENTATION | ASX:PGO Expertise-Led Strategy The "Flywheel" Effect Capit
Slide 5: Management Advantage: Heap Leach Operators
Management Advantage: Heap Leach Operators Outstanding Board with Technical strength Managing Director, Matt Boyes brings decades of specialised experience in optimising heap leach kinetics. This isn't generic mining experience, it's targeted technical capability that directly aligns with unlocking
Slide 6: Low Risk Three-Phase Growth Strategy
Low Risk Three-Phase Growth Strategy A disciplined, sequential approach to building district dominance while managing capital risk and validating the technical model at each stage. 01. 02. 03. INVESTOR PRESENTATION | ASX:PGO Heap Leach Pad Upgrading of existing 100koz District-Scale Exploration - Re
Slide 7: White Dam: A Proven Producer with Permitted Infrastructure
White Dam: A Proven Producer with Permitted Infrastructure Historical Turnkey Infrastructure Performance Advantage White Dam delivered 180,000 ounces of gold Fully permitted heap leach circuit with operational between 2010 and 2018, achieving remarkably gold room, comprehensive site offices, and INV
Slide 8: White Dam: Fully Permitted Plant-Completely de-risked
White Dam: Fully Permitted Plant-Completely de-risked Most mining ventures test their thesis at 1:100 scale in controlled laboratory conditions. PACGOLD is proving its model at 1:1 scale in operational reality - a critical distinction that dramatically reduces technical and execution risk. Operation
Slide 9: The Path to Cash Flow: From Startup to Sustainable Mining
The Path to Cash Flow: From Startup to Sustainable Mining 01 02 03 Resource Definition JORC Compliance Cash Generation Comprehensive quantification Update and grow existing Stabilise recurring cash flow by of contained gold in existing JORC-compliant Resources for Q2 2026, eliminating the need stock
Slide 10: The Investment Thesis: Value, Timing and Execution
The Investment Thesis: Value, Timing and Execution $50M+ $3M Infrastructure Value: Acquisition Cost: Replacement value of fully Total consideration paid to permitted processing facility, secure White Dam asset camp, and supporting package - a 97% discount infrastructure to replacement value INVESTOR
Slide 11: Alice River Gold Project and St George Gold-Antimony Projects Overview
Alice River Gold Project and St George Gold-Antimony Projects Overview Multiple high-grade Gold Historical artisanal & Antimony targets with open cut production of extremely high-grade 60T at 60% Antimony1 Antimony in rock chips & & no prior systematic first pass exploration exploration across the c
Slide 12: St George - Outstanding Antimony Results
St George - Outstanding Antimony Results Regional Exploration Fence Prospect programme underway 52.7% Sb and 2.93g/t Au (SG250709) 32.6% Sb and 0.58g/t Au (SG110011) ▪ Regional Soil Geochem programme 23.6% Sb and 0.39g/t Au (SG110016) now completed, 2050 individual sample sites over 10km strike 9.35
Slide 13: Alice River Project
Alice River Project Extensive Programmes completed ▪ Alice river continues to grow and understanding of mineralisation expands ▪ Existing Resource base of ~900koz Au and rapidly expanding ▪ IP covers the entire Alice River Fault Zone ▪ Aggressive exploration programmes planned ▪ Massive strike lengt
Slide 14: Why Invest in Pacgold?
WHY INVEST IN PACGOLD? 51 Au Sb Antimony 121.76 Cashflow, Increase and Gold Price Exposure to Experienced restarting Au prove up existing Leverage high-grade Management production at resources Antimony White Dam Pacgold has now Pacgold will recommence Pacgold offers Outstanding Antimony Pacgold’s ne
Slide 15: Company Contact: Investor & Media Queries
Company Contact: Investor & Media Queries: Matt Boyes Jason Mack Managing Director & CEO Whitenoise Communications mboyes@pacgold.com.au jason@whitenoisecomms.com +61 (0) 498 189 338 +61 (0) 400 643 799 February 2026 Investor Presentation ASX:PGO pacgold.com.au