Minerals 260 Limited · ASX:MI6
Minerals 260 — Mining Forum Americas 2026
26 slides from Minerals 260's conference presentation, September 2026
Slide 1: 6.2Moz Bullabulling Gold Project
Not for release to US wire services or distribution in the United States 6.2Moz Bullabulling Gold Project Australia’s Next Large Scale, Long Life and High Margin Gold Mine Luke McFadyen CEO and Managing Director Mining Forum Americas | September 2026
Slide 2: Important Notes and Disclaimer
Important Notes and Disclaimer Overview Production Targets ■ This Presentation contains summary information about Minerals 260 Limited (ACN 650 766 911) (Company) and is current as This Presentation includes production targets and forecast financial information derived from production targets. The
Slide 3: Important Notes and Disclaimer
Important Notes and Disclaimer Competent Person Statements Forward Looking Statements Ore Reserves This Presentation may contain forward-looking statements, guidance, forecasts, estimates, prospects, The information in this Presentation that relates to the Ore Reserve Estimate for the Bullabulling G
Slide 4: A Unique Value Proposition
A Unique Value Proposition ASX : MI6 A Unique Value Proposition Strong Team and Bullabulling is Clear Pathway to Focused Balance Sheet Tier-1 Asset Production on Growth Board and Management Resource has grown from Construction of village and Stage 1 PFS defined the team with a track record o
Slide 5: Corporate Overview
Corporate Overview ASX : MI6 94c A$2.4B A$633M A$1.77B 6.2 | 2.5Moz A$12M Share price¹ Market capitalisation¹ Pro forma cash & deposits² Enterprise value⁴ Resource | Reserve Avg daily liquidity (3M) Shares on issue¹ ~2.56B Options & perf. rights ~45M Debt Nil EV / Resource oz⁴ ~A$286/oz EV / Reserve
Slide 6: Golden Values
Golden Values ASX : MI6 Our Ourvalues valuesguide guidehow howwe wework, work,support supportour ourcommunities, communities,and andcontribute contributetotothe thesuccess successofofthe thebusiness business G Get Home Safely Everyone returns home safe and healthy each day O Ownership We take respon
Slide 7: Experienced and Proven Team
Experienced and Proven Team Board of Directors Tim Goyder Luke McFadyen Stacey Apostolou David Richards Emma Scotney Adam Smits Non-Executive Chairman CEO & Managing Director Lead Independent Director Non-Executive Director Non-Executive Director Non-Executive Director Management Russell Brooks Jack
Slide 8: Franco-Nevada: world class partner validating Bullabulling
World class partner validating Bullabulling’s position as one of the leading gold development projects globally WHO IS FRANCO-NEVADA FEBRUARY 2026 SEPTEMBER 20263 Paul Brink, President & CEO, Franco-Nevada #1 US$50B+ ROYALTY SALE ROYALTY SALE “ “Both the team at Minerals 260 and the Bullabulling ore
Slide 9: Funding strategy designed to drive long term value for shareholders
Funding strategy designed to drive long term value for shareholders Remaining funding intended to be covered via conventional project finance Indicative Funding Plan to First Production (A$M) $905 $9331 Asset quality (long life, large scale, high margin) supports a funding strategy that drives a 5
Slide 10: Bullabulling is located 65km from Kalgoorlie, Western Australia
Bullabulling is located 65km from Kalgoorlie, Western Australia; accessible via a major highway and airport Location Highlights Low Risk Jurisdiction ■ Established gold mining region ■ Strong exploration and mining history ■ WA has 134 operating mines, 49 are gold mines producing ~70% of Australia’s
Slide 11: Bullabulling has grown from 2.3Moz to 6.2Moz since April 2025
Bullabulling has grown from 2.3Moz to 6.2Moz since Minerals 260 acquired the Project in April 2025 April 2025 December 2025 July 2026 Mineral Resource 2.3Moz +2.2Moz 4.5Moz +1.7Moz 6.2Moz Indicated Classification 1.4Moz (60%) +1.6Moz 3.0Moz (75%) +1.4Moz 4.4Moz (70%) MI6 Controlled Tenure 130km2 +45
Slide 12: 6.2Moz Resource Provides Foundations for Future Reserve Growth
6.2Moz Resource Provides Foundations for Future Reserve Growth 190Mt @ 1.0g/t for 6.2Moz, includes 140Mt @ 0.98g/t for 4.4Moz classified as Indicated Bullabulling Mineral Resource Estimate (July 2026) July 2026 Bullabulling Mineral Resource Estimate Category Tonnes Grade Contained Mt g/t Au Moz Au I
Slide 13: 6.2Moz Mineral Resource is one of Australia's largest undeveloped gold resources
6.2Moz Mineral Resource is one of Australia’s largest undeveloped gold resources and the largest not owned by a existing producer Resource and Grade of Undeveloped Australian Gold Projects1 Producer Company Project 0 2 4 6 8 10 12 14 16.5 Hemi 1.4 13.2 Havieron2 1.9 8.0 14.5 Bullabulling 1.0 6.2 Mt
Slide 14: Resource growth potential from depth and strike extensions
Resource growth potential from depth and strike extensions Bullabulling Exploration Potential Regional Targets Resource Targets Resource Targets Bullabulling drilling focused on depth extensions and infill Strong auger anomalies extending: North, east, and west of Dicksons Kraken to Endeavou
Slide 15: Compelling Project Metrics
Compelling Project Metrics PFS demonstrated Bullabulling to be a High-Margin, Large-Scale and Long-Life asset Stage 1 PFS Financial Metrics at US$4,100/oz and New Franco-Nevada Royalty A$2.6B 47% 2 years 150kozpa 200kozpa A$855M Post-tax NPV51 IRR Payback Period Stage 1 Production Expansion Potentia
Slide 16: 2.5Moz Ore Reserve is one of Australia's largest undeveloped gold reserves
2.5Moz Ore Reserve is one of Australia’s largest undeveloped gold reserves and the largest not owned by an existing producer Reserve and Grade of Undeveloped Australian Gold Projects1 Producer Company Project 0 1 2 3 4 5 6 Hemi 1.2 5.5 10.5 Havieron2 3.0 3.7 Mt Gibson 0.9 2.7 8.5 Bullabulling 0.9 2.
Slide 17: Incorporating 7.5Mtpa Capacity into Stage 1 Design
Incorporating 7.5Mtpa Capacity into Stage 1 Design Capital invested in Stage 1 to enable a potential future expansion Processing Plant Designed to Support Accelerated Expansion to 200kozpa Key Information 5Mtpa initial nameplate capacity Metallurgical parameters ‒ 92% Recovery, 85th percentile ore h
Slide 18: Approvals are progressing to plan and supportive of first production target in 2028
Approvals are progressing to plan and supportive of first production target in 2028 Key Approvals Approvals Information Native Title Land Use Agreement Covers all Project tenure and activities, enables development and Signed 2024 ■ Minerals 260 is progressing primary approvals future operations un
Slide 19: Community & Stakeholder Engagement Supports a Strong Social Licence to Operate
Community & Stakeholder Engagement Supports a Strong Social Licence to Operate Strong Foundations Native Title Land Use Agreement in place Strong and positive relationship with Traditional Owners Collaborative Long-standing mining district with community support of mining Active engagement w
Slide 20: Early Construction Activities Commenced in May 2026
Early Construction Activities Commenced in May 2026 Village Construction Water Bore Installation ■ In April 2026, Minerals 260 executed a A$59.1 million fixed-price ■ Water exploration activities identified multiple potential sources, contract with ATCO for the design and construction of an initial
Slide 21: Delivering on all our commitments with a clear timetable to production in 2028
Delivering on all our commitments with a clear timetable to production in 2028 Indicative Development Plan1 2025 2026 2027 2028 2029 Acquisition of Bullabulling 4.5Moz 6.2Moz Reserve MRE MRE Update On Track Exploration and ~120,000m drilled Resource Extension, Regional Exploration and Grade Control
Slide 22: A Unique Value Proposition
A Unique Value Proposition Strong Team and Bullabulling is Clear Pathway to Focused on Balance Sheet Tier-1 Asset Production Growth Board and Management 2.5Moz Reserve Construction of village and 5Mtpa and 150,000oz pa in team with a track record of water bores commenced May Stage 1, paving
Slide 23: Connect with Minerals 260
Connect with Minerals 260 +61 8 6556 6020 Level 1, 2 Kings Park Road, West Perth WA 6005 https://x.com/minerals260 https://www.linkedin.com/company/minerals-260-limited/ https://minerals260.com.au 23
Slide 24: Bullabulling Mineral Resource
Bullabulling Mineral Resource Bullabulling Mineral Resource Estimate as of July 20261 Bullabulling Mineral Resource Estimate by Deposit Indicated Inferred Total Resource Deposit Tonnes Grade Metal Tonnes Grade Metal Tonnes Grade Metal (Mt) Au (g/t) Au (koz) (Mt) Au (g/t) Au (koz) (Mt) Au (g/t) Au (k
Slide 25: Appendix: Mineral Resource Estimates References
Appendix: Mineral Resource Estimates References Total Mineral Project Company Stage of study Measured Indicated Inferred Source Resource Estimate Total Total MRE Tonnage Grade Grade Tonnage Grade Grade Tonnage Grade Grade Grade (Moz (Mt) (g/t Au) (% Cu) (Mt) (g/t Au) (% Cu) (Mt) (g/t Au) (% Cu) (g/t
Slide 26: Appendix: Ore Reserve Estimates References
Appendix: Ore Reserve Estimates References Total Ore Reserve Project Company Stage of study Proven Probable Source Estimate Tonnage Grade Grade Tonnage Grade Grade Total Grade Total ORE (Mt) (g/t Au) (% Cu) (Mt) (g/t Au) (% Cu) (g/t AuEq) (Moz AuEq) Pre-Feasibility ASX Announcement, 8 July 2026, “Bu