Ballard Mining Limited · ASX:BM1
Ballard Mining — Investor Presentation (July 2025)
16 slides from Ballard Mining's investor presentation, Jul 22, 2025
Slide 1: Unlocking the Potential of Mt Ida
For personal use only UNLOCKING THE POTENTIAL OF MT IDA Grow and Develop July 2025 ballardmining.com.au
Slide 2: Disclaimer
DISCLAIMER IMPORTANT: You must read the following before continuing. FORWARD LOOKING STATEMENTS This presentation (“Presentation”) is dated 22nd July 2025 and has been prepared by Ballard Mining This Presentation may contain certain statements and projections provided by or on behalf of Ballard Limi
Slide 3: Disclaimer
DISCLAIMER INVESTMENT RISK materially affects the information included in the Prospectus and that all material assumptions and technical parameters underpinning the mineral resource estimate in the Prospectus continue to apply An investment in Ballard is subject to investment and other known and unk
Slide 4: Investment Highlights
INVESTMENT HIGHLIGHTS GROWTH For personal use only 26km of highly 130,000 metre drill Well funded: $30 prospective program underway million with proceeds underexplored to deliver targeting growth via shear zones consistent news the drill bit flow post IPO DEVELOPMENT JORC MRE of 1.1Moz @ Fully permi
Slide 5: Board Composition
BOARD COMPOSITION The right team to drive development, resource growth and new discovery For personal use only SIMON LILL PAUL BRENNAN TIM MANNERS STUART MATHEWS JAMES CROSER LOREN FALCONER Non Executive Chair Managing Director Finance Director Non Executive Director Non Executive Director Company S
Slide 6: Capital Structure
CAPITAL STRUCTURE Well funded for significant resource and exploration drilling OWNERSHIP STRUCTURE BALLARD MINING LIMITED Key Metric For personal use only Delta (2 year escrow) 46%2 Shares On Issue 340M Hancock Prospecting 6.2%3 Share Price (close of trading 21/7/25) $0.41 MinRes 5.6%3 Market Capit
Slide 7: Location, Location, Location!
LO CAT I O N , LO CAT I O N , LO CAT I O N ! Heart of the WA goldfields, 4 x processing plants within c.100km For personal use only Note: Refer to the Ballard IPO prospectus lodged with ASIC on 30th May 2025 and the Disclaimer for further information on the Mt Ida Gold MRE 7 Corporate Presentation J
Slide 8: Mt Ida Gold Project
M T I DA G O L D P ROJ ECT Resource Growth and Development Opportunity 7km 9km 1.1Moz at 3.3g/t Au1 For personal use only • JORC MRE includes Baldock Deposit of 930koz at 4.1g/t Au (402koz Indicated)1 • 6 existing gold deposits with Resources open • Feasibility Study commencing on initial baseload f
Slide 9: Exploration & Blue Sky
EXPLORATION & BLUE SKY 50,000m planned exploration drill program • 26km of continuous greenstone belt folded around the Copperfield Granite For personal use only • Prospective shear zones and host rocks on either side: • 13km Baldock Thrust → 35,000m drill program planned • 13km Ballard Fault → 15,0
Slide 10: Baldock Thrust Exploration
BALDOCK THRUST EXPLORATION 35,000m planned drill program For personal use only • 2001 Baldock discovery due to outcropping nature • Resource growth has been focused at Baldock • Over 7km of strike to the north of Baldock has an average drill depth of just 43 metres despite high- grade historical int
Slide 11: Ballard Fault Exploration
BALLARD FAULT EXPLORATION 15,000m planned drill program • Geological units on the Ballard Fault are For personal use only identical to Baldock Thrust 9.64 g/t • Limited or no drilling at some Prospects 14.1 g/t Neptune Prospect historic workings Neptune Prospect 85.7 g/t historic workings 350m Rockc
Slide 12: Baldock resource and drill program
BA L D O C K – 9 3 0 koz @ 4 . 1 g /t 80,000m planned drill program underway – infill and extensional Baldock MRE - Ounces Per Vertical Metre For personal use only - 1,000 2,000 3,000 4,000 Top 300m averages ~2,500 oz Per vertical metre, function of drilling • Most recent drill program added 256,000
Slide 13: Baldock De-risked Metallurgy
BA L D O C K D E - R I S K E D M E TA L LU RGY Free-milling & amenable to conventional CIL processing • 24hr leach recoveries above 90% For personal use only • Recoveries: oxide >95%, transitional >94% with average fresh 93%1 • All 5 Lodes amenable to standard crush/grind/CIL adsorption • Copper not
Slide 14: Use of IPO Funds
USE OF IPO FUNDS $30M raised under the IPO will fund Resource Growth and Development Use of Funds $ For personal use only 3 Drill Rigs at Baldock Exploration & Growth drilling $8.5M Baldock Extensional & Infill drilling $8.0M1 Studies – Mining, Met, Geotech, Water $3.0M1 Rents, Rates, Staff, Overhea
Slide 15: Use of IPO Funds – Parallel Workstreams
USE OF IPO FUNDS Growth and Development – Parallel Workstreams targeting a 10 year plan FY26 FY27 FY28 For personal use only Sep Q Dec Q Mar Q Jun Q Sep Q Dec Q Mar Q Jun Q Sep Q Dec Q Mar Q Jun Q Baldock INFILL & EXTENSIONAL DRILLING GEOTECH & MET PROCESS PLANT ENGINEERING BALDOCK FEASIBILITY STUDY
Slide 16: For more information contact
For personal use only For more information contact: Paul Brennan | Managing Director info@ballardmining.com.au ASX:BM1 | ballardmining.com.au 16 Corporate Presentation July 2025 ballardmining.com.au