Ev Resources Limited · ASX:EVR
Ev Resources — Investor Presentation (February 2026)
31 slides from Ev Resources's investor presentation, February 2026
Slide 1: High-Grade Antimony. Near-Term Production.
ASX:EVR High-Grade Antimony. Near-Term Production. North Americas Focus Corporate Presentation February 2026
Slide 2: Disclaimer
DISCLAIMER Disclaimer This presentation has been prepared by EV Resources Limited (ASX: EVR) (EVR or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary form and does not purport to be complet
Slide 3: EVR Vision
EVR VISION: MEET NEAR-TERM ANTIMONY DEMAND IN NORTH AMERICA, STRATEGICALLY LEVERAGING THE CRITICAL MINERALS SUPPLY GAP 100% Ownership NEVADA ANTIMONY PROJECTS: DOLLAR & MILTON Formation of a strategic antimony portfolio in Nevada, acquiring 100% ownership of the past producing Dollar & Milton Projec
Slide 4: Investment Rationale
INVESTMENT RATIONALE NEAR TERM LONGER TERM SUPPLY VALUE DRIVERS PRODUCTION OPTIONS Tecomatlán Plant Nevada Antimony Projects to support US domestic supply • Process artisanal ore, Antimony critical defence sector metal, initiatives following refurb and upgrade with supply dominated by China (60-70%)
Slide 5: Antimony Market: Supply, Demand, Opportunity
ANTIMONY MARKET: SUPPLY, DEMAND, OPPORTUNITY GROWING DEMAND • Forecast to grow significantly (~6.5% CAGR to 20321) GLOBAL ANTIMONY due to increased demand from diverse applications MINE PRODUCTION 20232 including 40% • Flame retardants • Energy storage 35% • Alloys • Military and defence 30% SUPPLY
Slide 6: US Critical Mineral Security Strategy
US CRITICAL MINERAL SECURITY STRATEGY The US has a critical, well-funded and non-negotiable need for antimony from reliable, non-adversarial sources, directly aligning with EVR’s strategy of developing Antimony assets in allied jurisdictions (Mexico & USA). DESIGNATED US US GOVT DOMESTIC/ALLIED EVR:
Slide 7: Asset Portfolio
ASSET PORTFOLIO LOS LIRIOS TECOMÁTLAN DOLLAR MILTON DON ENRIQUE ESTRELLA ANTIMONY PROCESSING ANTIMONY ANTIMONY COPPER COPPER PROJECT PLANT PROJECT PROJECT PROJECT PROJECT COMMODITY FOCUS COMMODITY FOCUS COMMODITY FOCUS COMMODITY FOCUS COMMODITY FOCUS COMMODITY FOCUS Antimony Antimony Antimony Antimo
Slide 8: Los Lirios
LOS LIRIOS
Slide 9: Los Lirios Antimony Project
LOS LIRIOS ANTIMONY PROJECT LARGE-SCALE, HIGH-GRADE ASSET WITH DE-RISKED PATH TO NEAR-TERM PRODUCTION MATERIAL LARGE-SCALE DISCOVERY OWNERSHIP POTENTIAL POTENTIAL 70% share of historically 1,552h across three Historic open pits and producing antimony concessions provides shallow WWII period mine in
Slide 10: Los Lirios Antimony Project
LOS LIRIOS ANTIMONY PROJECT LARGE-SCALE STRUCTURAL SYSTEM High-grade mineralisation hosted in a geologically significant structural setting Located in the northern part of the Mixteca Terrane, Oaxaca, a complex region known for its metal endowment Mineralisation primarily hosted in middle and upper
Slide 11: Los Lirios Antimony Project Maiden Drill Program
LOS LIRIOS ANTIMONY PROJECT MAIDEN DRILL PROGRAM :Q1 2026 Systematic exploration (mapping, trenching, and sampling) to define ‘walk-up’ drill targets and advance the high-grade project towards a Maiden MRE +5km of new and High-grade results from reconditioned roads initial work include1: completed f
Slide 12: Los Lirios Antimony Project Phase 1 Drill Program
LOS LIRIOS ANTIMONY PROJECT PHASE 1 DRILL PROGRAM TARGETING SCALE & GRADE PROGRAM SCOPE • Diamond Drilling (HQ Core) for optimal structural definition • 1,500m – 2,000m Phase 1 • Funded from existing cash reserves TARGETS • Testing ~900m of the broader 4km system • Immediate extensions beneath histo
Slide 13: Los Lirios Antimony Project
LOS LIRIOS ANTIMONY PROJECT SIMPLE, TWO-STEP GRAVITY PROCESSING PATH IDENTIFIED, 90.8% Sb RECOVERY Channel sampling across historic pits for a representative sample for met testing returned an average Composite Grade of 4.45% Sb1 LOS LIRIOS: 3 STOCKPILE SAMPLES Preliminary test work results: • Sb re
Slide 14: Tecomatlán Processing Plant
TECOMATLÁN PROCESSING PLANT LOW CAPEX, PERMITTED PLANT READY TO REFURBISH ALLOWING RAPID RESTART The acquisition of the Tecomatlán Plant firmly positions EVR as a first mover in North American antimony supply, underpinning its strategy to fast-track development and production of this critical minera
Slide 15: Tecomatlán Processing Plant
TECOMATLÁN PROCESSING PLANT DE-RISKED ENGINEERING & REFURBISHMENT EXECUTION STRATEGY FOR Q1 CY2026 Installation design complete, including equipment and contracting costings PHASE 1: TWO-STAGE GRAVITATIONAL PROCESSING • Construction Activities: • Refurbishment and realignment of crushing circuit • C
Slide 16: Tecomatlán Processing Plant Gravity Circuit Flowsheet
TECOMATLÁN PROCESSING PLANT GRAVITY CIRCUIT FLOWSHEET FEEDSTOCK Source A: Regional Artisanal Ore Source B: Los Lirios ‘Pilot Ore’ GRADE: 22% - 36% Sb MARKET: Direct to Smelter/Offtake Safe, dry, environmentally benign storage TAILINGS GRADE: Extremely low (~0.37% Sb) 16
Slide 17: Low Impact Processing
LOW IMPACT PROCESSING IMPLEMENTING DRY-STACK TAILINGS AT TECOMATLAN DRY-STACK TAILINGS (DST) Utilise filter press technology to remove water from waste material, creating a stable, ‘dry’ cake Eliminates need for traditional dams, significantly lowering potential negative environmental impacts. +85%
Slide 18: Nevada Antimony Projects
NEVADA ANTIMONY PROJECTS
Slide 19: Dollar Antimony Project
DOLLAR ANTIMONY PROJECT HIGH-GRADE, HISTORICALLY PROVEN PROSPECT FOR US DOMESTIC SUPPLY DOLLAR ANTIMONY PROJECT HIGH-GRADE POTENTIAL Historical assays up to 40.63% Sb, with modern sampling up to 1.0% Sb, alongside Ag, Pb and Cu credits. STRATEGIC LOCATION 8 claims, 160ac, in the Jett Mining District
Slide 20: Dollar Antimony Project
DOLLAR ANTIMONY PROJECT HIGH-GRADE MULTIPLE SYSTEM CRITICAL METAL PROJECT Sources: 1 ASX Announcemen t "High-grade An timony, Copper an d Silver con firmed at Dollar" dated 27 Jan 2026. 20
Slide 21: Milton Antimony Project
MILTON ANTIMONY PROJECT HIGH-GRADE, HISTORICALLY PROVEN PROSPECTS FOR US DOMESTIC SUPPLY MILTON ANTIMONY PROJECT HISTORICAL PRODUCTION 30 tons at avg 40% Sb. Historical assays up to 20.77% Sb from stockpiles and 12% Sb in workings. POTENTIAL ANTIMONY HUB ~80km from DoD Critical Minerals Storage and
Slide 22: Milton Antimony Project
MILTON ANTIMONY PROJECT HIGH-GRADE CRITICAL METALS-STRONG SYNERGIES Source. ASX An nouncement "High-Grade Critical Metal Res ults Enhance US Pipeline" dated 28th Jan 2026 22
Slide 23: Work Programs and News Flow Catalysts
WORK PROGRAMS AND NEWS FLOW CATALYSTS
Slide 24: Los Lirios Antimony Project
LOS LIRIOS ANTIMONY PROJECT MULTIPLE VALUE ACCRETIVE CATALYSTS TO DRIVE VALUE CREATION PROJECT ACTIVITES CY26 Q1 Q2 Q3 Q4 Los Lirios Mapping, Trenching & Sampling Program Antimony Project Phase 1 Drilling – Confirmation & Feed Definition Resource Definition Drilling (Phase 2) Maiden Resource Estimat
Slide 25: Community Engagement
COMMUNITY ENGAGEMENT EMPOWERING OUR HOST COMMUNITIES EVR is committed to a ‘Community-First’ approach, ensuring that our presence creates a measurable, positive difference for now and in the future CASE STUDY EVR’s COMMUNITY INITIATIVES Immediate impact and live-saving We focus on four key pillars:
Slide 26: Corporate Overview
CORPORATE OVERVIEW
Slide 27: Board & Management
BOARD & MANAGEMENT SHANE MENERE MIKE BROWN JUSTIN WERNER ADRIAN PAUL LUKE MARTINO Non-Executive Managing Director Non-Executive Non-Executive Non-Executive Chairman & CEO Director Director Director • +25 years mining executive and • 30+ years international mining • A seasoned mining executive • Brin
Slide 28: Corporate Snapshot
CORPORATE SNAPSHOT $0.016 60m $0.014 SHARES ON ISSUE 50m $0.012 3.04B $0.010 40m $0.008 30m OPTIONS & PERFORMANCE RIGHTS $0.006 1.30B $0.004 20m 10m $0.002 SHARE PRICE AT 30 JAN 2026 $- - 0.9c 30-Jul 30-Aug 30-Sep 31-Oct 30-Nov 31-Dec Volume Close MARKET CAP AT 30 JAN 2026 $27.36M MAJOR SHAREHOLDERS
Slide 29: Appendix
APPENDIX Photo of his to ric workin g referenced and sampled: refer to ASX An nouncement "High-Grade Critical Metal Results E nhance US Pipeline" dated 28th Jan 2026
Slide 30: Asset Portfolio
ASSET PORTFOLIO LOS LIRIOS TECOMÁTLAN DOLLAR MILTON DON ENRIQUE ESTRELLA ANTIMONY PROCESSING ANTIMONY ANTIMONY COPPER COPPER PROJECT PLANT PROJECT PROJECT PROJECT PROJECT COMMODITY FOCUS COMMODITY FOCUS COMMODITY FOCUS COMMODITY FOCUS COMMODITY FOCUS COMMODITY FOCUS Antimony Antimony Antimony Antimo
Slide 31: Contact
CONTACT Mike Brown Managing Director and CEO Tel: +61 8 6489 0600 E: info@evresources.com.au