Antares Metals Limited · ASX:AM5
Antares Metals — Merger or Acquisition (December 2025)
25 slides from Antares Metals's merger presentation, Dec 8, 2025
Slide 1: Complimentary Acquisition of a Quinns Project
For personal use only WESTERN AUSTRALIA Complimentary Acquisition of a Quinns Project Gold & Base Metals Portfolio in Established WA Mineral Provinces Katanning Project Corporate Presentation Perth December 2025 ASX: AM5 1
Slide 2: Important Information & Disclaimer
Important Information & Disclaimer This presentation has been prepared by Antares Metals Limited (“AM5” or the “Company”) to assist in informing interested parties about the Company and its progress. It should not be considered as an offer or invitation to subscribe for or purchase any securities in
Slide 3: Diversified, Multi-Commodity Explorer
Diversified, Multi-Commodity Explorer Two Strategic Hubs located adjacent to established Mine & Processing Infrastructure New Acquisition For personal use only 79 29 Au Cu 29 92 Cu U Investor Presentation | ASX:AM5 Quinns ► 165km2 landholding located in the WA Goldfields Mt Isa North ► ~10km from Mo
Slide 4: Transformational WA Gold & Base Metals Acquisition
Transformational WA Gold & Base Metals Acquisition The The Strategic Opportunity Assets Rationale For personal use only ► Significant ready to go, low-cost ► 295km2 land position in the prolific ► Diversification into precious Investor Presentation | ASX:AM5 exploration opportunity Meekatharra & Kat
Slide 5: Acquisition Overview & Terms
Acquisition Overview & Terms Quinns Gold & VMS Project ► Highly prospective for Gold and base metals, located 55km south of Meekatharra in WA and covers an area of ~165km2 For personal use only ► AM5 has entered into a binding agreements with Kilonova Metals Pty Ltd (Kilonova), CNN Investments Pty L
Slide 6: Pro-forma Capital Structure
Pro-forma Capital Structure AM5 $6.8M Transaction Overview3 For personal use only ► Upfront Equity ASX Code Market Cap (at $0.008 per share) – 87.5M AM5 shares subject to 6-month escrow – ~29.2M options exercisable at $0.020 each on or before 31 January Investor Presentation | ASX:AM5 2029 852.4M ~$
Slide 7: Board & Management
Board & Management Proven team equipped to drive discoveries and value creation For personal use only Mark Connelly Terry Topping Non-Executive Chair Proposed Managing Director1 Investor Presentation | ASX:AM5 ► +30 years’ experience in mining leadership ► +35 years’ technical and finance experience
Slide 8: Quinns Project – Gold
Quinns Project – Gold Underexplored, Historic Goldfield For personal use only ► 165 km2 of prime tenure in the Meekatharra greenstone belt, Murchison Province Investor Presentation | ASX:AM5 ► Located ~10km from Monument Mining's (TSX.V:MMY) Burnakura Mill & ~50km from Westgold Resources’ (ASX:WGX)
Slide 9: Quinns Project – Gold: Gold potential evident from shallow drilling
Quinns Project – Gold Gold potential evident from shallow drilling For personal use only ► Tenure surrounds the Enterprise Gold Mine1 comprising broad zones of shallow gold mineralisation Investor Presentation | ASX:AM5 ► Historic, shallow drilling at Enterprise Gold Mine returned 2: – QN4: 9m @ 4.6
Slide 10: Quinns Project – VMS
Quinns Project – VMS Established High Grade Cu-Zn VMS Camp ► Volcanic Massive Sulphide (VMS) potential (Cu, Zn, Ag & Au) over +20km belt For personal use only ► Austin deposit discovered by Silver Swan Group in 2008 and dropped in market downturn subsequently held privately since 2014 Investor Prese
Slide 11: Quinns Project – VMS: Proven high grade Copper & Zinc
Quinns Project – VMS Proven high grade Copper & Zinc Mineralisation ► Subsequent diamond and RC drilling intersected high-grade Copper and Zinc NOT For personal use only included in reported JORC 2004 Resource1 – 10ATD001: 58m @ 2.0% Cu, 8.6g/t Ag & 0.42g/t Au from 148m incl. Investor Presentation |
Slide 12: Katanning Gold Project
Katanning Gold Project Strategic landholding along strike a multi- million ounce gold project For personal use only ► Located 40km east-southeast of Katanning in the Great Investor Presentation | ASX:AM5 Southern Region of WA, 290km from Perth ► 130km2 of contiguous, granted Exploration Licences ► S
Slide 13: Katanning Gold Project
Katanning Gold Project Strategic landholding along strike a multi- million ounce gold project For personal use only ► Regional geophysics indicates extensions of the KGP into Investor Presentation | ASX:AM5 E70/5637 requiring further detailed geophysical surveys ► Previous exploration consisted of c
Slide 14: Mt Isa North Copper & Uranium Hub
Mt Isa North Copper & Uranium Hub It is cautioned that the Queen’s Gift Mt Isa North Project mineral estimate was reported under the 2004 edition of the JORC code and insufficient work has been performed to classify it in accordance with the current ► 1,937km2 - surrounded by multiple mining operati
Slide 15: For personal use only
Capricorn Local Deposits IOCG - Ernest Henry - Mt Margaret For personal use only Mt Cuthbert - Eva - Rocklands Investor Presentation | ASX:AM5 Surprise & Calton Hills Cromwell Startle Shear hosted or Struct-Controlled Eva - Dugald River Dugald River - Mt Cuthbert - Capricorn Conglomerate Creek Valha
Slide 16: Mt Isa North Overview
LEGEND Capricorn Key AM5 Cu Prospect Mine Mt Isa North Overview Other AM5 Cu Prospect Historical Mine Major structures - superficially explored - potential for Lady Annie Major U Prospect/ Deposit Antares Tenure world-class Mt Isa analogues: Other AM5 U Prospect Roads – Conglomerate Creek – Intrusio
Slide 17: Conglomerate Creek Cu Prospect
Conglomerate Creek Cu Prospect Large intrusion-related target For personal use only Investor Presentation | ASX:AM5 17
Slide 18: Conglomerate Creek
Conglomerate Creek Large intrusion-related target CONGLOMERATE CREEK Coincident Geophysical & Structural Targets ► The 450m vein system identified north of Conglomerate Creek returned For personal use only rock chip results up to 22% Cu, 1.6 g/t Au & 394 g/t Ag1 ► Rock chip samples collected at the
Slide 19: Cromwell
Cromwell Large Shear hosted target ► 9km long shear hosted copper mineralisation – open along strike For personal use only ► Rock chip sampling results up to 22.5% copper1 Investor Presentation | ASX:AM5 ► Multiple mineralised shear zones/veins (A-D) Exploration activities ► Identify buried minerali
Slide 20: Surprise Mine Cu-Au Project
Surprise Mine Cu-Au Project Historical High-Grade Cu-Au Production ► Historical mine to 40m depth For personal use only ► Historical Production1 averaging 11.3% Cu from ± 5700t Key historical intercepts include1: Investor Presentation | ASX:AM5 ► 23.77m @ 4.67% Cu from 51.21m (SH30) ► 3.66m @ 9.53%
Slide 21: Surprise Mine Cu-Au Project: Marvel Discovery
Surprise Mine Cu-Au Project Marvel Discovery Northern Extension identified ASD015 - 80m wide zone of disseminated sulphide mineralisation from 110m ► Mineralised extension 200m north of For personal use only Surprise - never intersected before ► 3m @ 1.14% Cu from 123m (ASD008)1 Investor Presentatio
Slide 22: Other Copper Prospects
Capricorn Other Copper Prospects Lady Annie Calton Hills1 – Large hydrothermal system For personal use only – Minimal drilling & no geophysical target Mt Cuthbert identification Investor Presentation | ASX:AM5 Queen’s Gift – Deep weathering >200m + intense bleaching + Calton Hills weathered sulphide
Slide 23: Uranium Portfolio Overview
Uranium Portfolio Overview Queens Gift (AM5)3 JORC-2004 MRE It is cautioned that the Queen’s Gift mineral estimate was reported under Cornerstone land position in a proven Uranium province 1.7Mlb @ 330ppm U3O8 the 2004 edition of the JORC code and insufficient work has been performed to surrounding
Slide 24: Exploration Strategy
Exploration Strategy For personal use only Near term focus on exploration for high grade gold within Western Australian greenstone belts Investor Presentation | ASX:AM5 Mapping, geochemistry and aircore drilling in Q1 2026 Austin VMS copper deposit adds to the highly prospective Mt Isa copper potent
Slide 25: Contact
For personal use only Acquisition Investor Presentation | August 2024 CONTACT Level 1, 43 Ventnor Ave, West Perth, WA, 6005 info@antaresmetals.com.au ASX: AM5 | antaresmetals.com.au 25
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