Qmines Ltd. · ASX:QML

Qmines — Investor Presentation (July 2022)

16 slides from Qmines's investor presentation, Jul 28, 2022

  1. Slide 1: Capital Raising Presentation

    Capital Raising Presentation ASX:QML July 2022 Own a Rapidly Expanding Australian Copper Company www.qmines.com.au

  2. Slide 2: Important Information

    Important Information DISCLAIMER This document is confidential and may not be reproduced, redistributed or passed on, directly or indirectly. This document is neither a prospectus nor an offer to subscribe for Shares. QMines Limited ACN 643 212 104 (QMines) and its directors, officers, employees, ad

  3. Slide 3: Executive Summary

    “An Exciting New Copper Executive Summary Development Company…” Overview¹ • Queensland copper and gold exploration and development company; • Mt Chalmers produced 1.24Mt @ 2.0% Cu, 3.6g/t Au and 19g/t Ag until 1982; • Delivered two resource upgrades since acquisition in December 2020; and • Completi

  4. Slide 4: "Capital Light" Development Strategy

    “Strategic Capital Investment “Capital Light” Development Strategy Reducing Costs & Dilution.” Purchased RC Rig & Environmental, Social, Purchased Five Four Support Trucks Governance (ESG) Initiatives Rural Properties Benefits: Benefits: Benefits: • No mobilisation and reduced cost per • No power, w

  5. Slide 5: Strong Development Potential

    “Growing Copper & Gold Resource Strong Development Potential… Moving Towards Development…” Growing Resource Potential Upgrades Excellent Metallurgy 101,000t CuEq + 3 Exploration Targets Up to 97% Cu & 87% Au, + H2 Resource Upgrade¹ (JORC 2012)² Bulk of Resource³ Resource Confidence Ideally Located D

  6. Slide 6: …with "Massive" Exploration Upside

    “Extensive Upside with Seven …with “Massive” Exploration Upside Prospects yet to be Drilled…” Mt Chalmers Mine Organic Growth Regional Growth Resource Remains 3 Exploration Targets 4 Large Cu-Zn Soil Open & Growing (JORC 2012)¹ Anomalies² Multiple Mt Chalmers? Regional Analogue Aggressive Drilling S

  7. Slide 7: Significant Resource Growth Potential

    “Recent Drilling Demonstrates Significant Resource Growth Potential Significant Growth Potential” THICK 60.8m @ 3.83% CuEq from 6.2m (MCDD017)² 69.0m @ 2.03% CuEq from 137.0m (MCRC012)¹ 66.5m @ 1.51% CuEq from 39.5m (MCDD044)³ SHALLOW 27.6m @ 3.38% CuEq from 6.2m (MCDD017)² 24.0m @ 1.0% CuEq from 1.

  8. Slide 8: The Mt Chalmers Resource Remains Open

    “The Mt Chalmers Resource Remains Open with Seven Additional Prospects yet to be Drilled…” ¹ ¹ ASX Announcement – More Outstanding Copper & Gold Results at Mt Chalmers, 16 June 2022

  9. Slide 9: Wider Than Expected Mineralised Intersections

    “Wider Than Expected Mineralised Intersections Bode Well for 2H-2022 Resource Upgrade…” ¹ ¹ ASX Announcement – More Outstanding Copper & Gold Results at Mt Chalmers, 16 June 2022

  10. Slide 10: What's Next at Mt Chalmers?

    “Plan Designed to Rapidly Test What’s Next at Mt Chalmers? Targets and Grow Resource(s)…” Further Step Drill First of 4 Pit Out Drilling Large Soil Optimisation Anomalies Convert Further Complete Exploration Metallurgical Scoping Study Target(s) to Test Work EM Survey Resource Third Resource Commenc

  11. Slide 11: Use & Proceeds

    Use & Proceeds¹ Proceeds Subscription ($2m) Percentage (%) Subscription ($3.8m) Percentage (%) Cash at Bank² $1,000,000 33% $1,000,000 21% Proposed Placement $2,000,000 67% $3,800,000 79% Total $3,000,000 100% $4,800,000 100% Uses Subscription ($2m) Percentage (%) Subscription ($3.8m) Percentage (%)

  12. Slide 12: Incentivised Management with a Track-Record of Delivering Value

    “Incentivised Management with a Appendix 1 Track-Record of Delivering Value…” Andrew Sparke Elissa Hansen Peter Caristo James Anderson Executive Chairman Non-Executive Director Non-Executive Director General Manager- Operations (Independent) & Company Secretary (Independent) • Former Director of Alt

  13. Slide 13: Track Record of Developing Mining Assets

    Track Record of Developing Mining Assets Appendix 2 Alt Resources Limited (ASX:ARS) • Purchased the Bottle Creek Gold Mine, WA in November 2019. • Historic mine with 93,000oz Au production between 1988-1989. • Focused on expanding resources and transitioning back to production. Rapid Development • I

  14. Slide 14: Developing Mt Chalmers Sustainably…

    “Developing Mt Chalmers Sustainably…” Appendix 3¹ Carbon Neutral 100% Renewable² Carbon Abatement² 1 of 3 Certified ASX Listed Solar & Wind Renewable 20% CO₂ Reduction Resource Companies Electricity Generation Using Renewable Fuel Hire & Buy Local Digital Data Capture Governance Culture Over 40 Cont

  15. Slide 15: Historic Production, Mineral Resource & Exploration Targets

    Historic Production, Mineral Resource Appendix 4 & Exploration Targets¹ ² ³ Historic Production¹ Project Tonnes (Mt) Grade (% Cu) Grade (g/t Au) Grade (g/t Ag) Mt Chalmers 1.24 2.0 3.6 19 Mineral Resource² Project Category Tonnes (Mt) Cu (%) Au (g/t) Zn (%) Ag (g/t) Pb (%) Cut Off Mt Chalmers Measur

  16. Slide 16: Contact

    An Opportunity to Own a Rapidly Growing Australian Copper Development Company… Contact ASX:QML Andrew Sparke Peter Nesveda Executive Chairman Investor Relations M: +61 422 283 022 M: +61 412 357 375 E: andrew@qmines.com.au E: peter@qmines.com.au This announcement has been approved and authorised by

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