Scorpion Minerals Limited · ASX:SCN
Scorpion Minerals — Fosters Stockbroking ASX Emerging Producers Zoom Call (May 2026)
14 slides from Scorpion Minerals's conference presentation, May 28, 2026
Slide 1: Murchison Gold Strategy
For personal use only Murchison Gold Strategy Presentation: Fosters Stockbroking ASX Emerging Producers Zoom Call | 28 May 2026
Slide 2: Disclaimer
SCORPION MINERALS LIMITED Disclaimer For personal use only COMPETENT PERSONS STATEMENT This information was originally issued in the Company’s This presentation is not an offer, invitation, solicitation or ASX announcement “Maiden Copper-Zinc Resource at Mt other recommendation with respect to the s
Slide 3: Scorpion Minerals Vision
SCORPION MINERALS VISION For personal use only To become a multi-project, Murchison focused producer of significance, utilising a team of proven professionals who have successfully taken multiple exploration companies to production. 3
Slide 4: Corporate Overview
C O R P O R AT E O V E R V I E W Share Price (28 May 2026) 3.1c/share Shares on Issue 542,331,192 Company Snapshot Unlisted Options (5c – Andel) 30,000,000 For personal use only Unlisted Incentive Options (0c) 15,250,000 Various vesting Highly prospective Gold assets (Murchison - Western Australia),
Slide 5: Diverse & Dedicated Leadership Team
D I V E R S E & D E D I C AT E D L E A D E R S H I P T E A M Focused on Delivering Shareholder Value For personal use only Mike Kitney Kate Stoney NON-EXECUTIVE CHAIRMAN EXECUTIVE DIRECTOR & COSEC Mr. Kitney is an internationally experienced extractive metallurgist and mineral economist with over 40
Slide 6: Pharos Project Regional Setting
PHAROS – GOLD OVERVIEW Pharos Project For personal use only Regional Setting LARGEST LANDHOLDING IN DALGARANGA – BIG BELL SHEAR CORRIDOR ▪ Major new discovery by Spartan at Dalgaranga (Never-Never and Pepper) ▪ Dalgaranga – Big Bell Corridor now hosts two multi million-ounce deposits ▪ E79 JV adds 7
Slide 7: Scorpion-Andel Option
PHAROS – GOLD OVERVIEW Scorpion-Andel Option For personal use only Option $2 Million Funding Secured for Old Prospect Development - Andel Resources Option and Right to Mine Agreements ▪ Option to enter Right to Mine (RTM) agreement signed with Andel Resources Pty Ltd ▪ Andel’s related party, Gylden
Slide 8: Multiple Gold Targets
PHAROS – GOLD OVERVIEW Multiple Gold Targets For personal use only EXISTING TARGETS Underexplored Targets ▪ Historic exploration identified multiple shallow gold targets ▪ Ulysses - BIF hosted “Hill 50” style target - 3km long trend ▪ Olivers Patch (multiple prospects) ▪ Old Prospect (MRE) to Middle
Slide 9: Cap Lamp to Middle Bore
PHAROS – GOLD OVERVIEW Cap Lamp to Middle Bore For personal use only WALK UP HIGH-GRADE TARGETS: Big Bell Shear Splay ▪ Multiple targets along ~5km trend ▪ Cap Lamp ▪ 6m @ 6.98 g/t Au from 9m ▪ 8m @ 1.68 g/t Au from 6m ▪ 5m @ 2.54 g/t Au from 18m ▪ 2m @ 6.06 g/t Au from 10m ▪ Old Prospect ▪ 8m @ 8.7
Slide 10: Old Prospect
PHAROS – GOLD OVERVIEW Old Prospect For personal use only HIGH-GRADE TARGET Old Prospect • 8m @ 8.78 g/t Au from 41m, including 2m @ 30.8 (BWRC006) • 8m @ 7.98 g/t Au from 9m, including 1m @ 32.4 and 1m @ 19.9 (BWRC020) • 7m @ 9.10 g/t Au from 81m, including 1m @ 56.1 (21MRRC011) • 15m @ 2.51 g/t Au
Slide 11: Old Prospect – Exploration Target
PHAROS – GOLD OVERVIEW Old Prospect – Exploration Target For personal use only EXPLORATION TARGET AND EXISTING MRE: Exploration Target ▪ Exploration target is 1.0 – 3.0 million tonnes grading at 1.5 – 2.0 g/t Au* ▪ Exploration Target estimated to a depth of 170m below surface (mbs) – significant ups
Slide 12: Planned Development & Exploration
PHAROS – GOLD OVERVIEW Planned Development & Exploration For personal use only UPCOMING WORKFLOW Planned Exploration ▪ Updated Old Prospect pit optimisation and scoping study ▪ Mining studies and proposal for Old Prospect open pit development ▪ Infill and extension RC drilling at Old Prospect ▪ Diam
Slide 13: ASX Releases
PHAROS – GOLD OVERVIEW Technical information included in this announcement has previously been provided to the market in releases dated: For personal use only • 07/11/2019 Option to Acquire Gold and Base Metal Projects • 11/02/2022 Poona Tech Review Highlights Multiple PGE-Ni-Cu & Au Targets ASX Rel
Slide 14: Scorpion Minerals Contact Details
S C O R P I O N M I N E R A L S C O N TA C T D E TA I L S Investor Relations For personal use only Michael Fotios CHIEF EXECUTIVE OFFICER michael.fotios@scorpionminerals.com.au +61-419-995-503 Pharos scorpionminerals.com.au scorpionminerals.com.au
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