Fmr Resources Limited · ASX:FMR
Fmr Resources — Merger or Acquisition (May 2026)
19 slides from Fmr Resources's merger presentation, May 11, 2026
Slide 1: Focused on Discovering Chile's Next Large-Scale Copper Systems
Focused on Discovering Chile’s Next Large-Scale Copper Systems Llahuin & La Lorena Projects, Chile INVESTOR PRESENTATION May 2026 THIS RELEASE HAS BEEN AUTHORISED BY THE FMR RESOURCES BOARD OF DIRECTORS
Slide 2: Disclaimer
Disclaimer FORWARD-LOOKING STATEMENTS: This document has been prepared by FMR Resources Limited (FMR or Company). The information contained in this document is for information purposes only and has been prepared for use in conjunction with a verbal presentation and should be read in that context. Th
Slide 3: Investment Case
Investment Case Tier 1 Location Company-making Assets Targeting Right Commodity large-scale Clear Strategy Chilean copper systems Highly Experienced Team Enviable Register Near Term News Flow 3
Slide 4: FMR Resources Corporate Overview
FMR Resources Corporate Overview Capital Structure Shares on Issue 50,359,767 Market Cap at $0.20 (undiluted) $10.1 million TOP 50 hold 63.9% Cash1 $3.07 million EV at $0.20 (undiluted) $7.0 million Mark Creasy Inyati Board of Directors Remaining Top 50 Remaining Register Major Shareholders REE YAND
Slide 5: The FMR Strategy
The FMR Strategy Identify Identify assets that move the needle Transact Leverage the FMR corporate, Identify technical, and register strength Discover Transact Test compelling targets to deliver company-making discoveries Discover 5
Slide 6: Llahuin Project JV & La Lorena Project
Llahuin Project JV & La Lorena Project Two Projects, Enormous Growth Potential • Llahuin JV with Southern Hemisphere Mining (ASX:SUH) to earn up to 60% across 4 concessions covering the Southern Porphyry target of the Llahuin Cu-Au-Mo Project • Proven fertility with porphyries identified and resourc
Slide 7: La Lorena Project (100% FMR)
La Lorena Project (100% FMR) Compelling Opportunity • FMR has executed a Term Sheet and Exclusivity Agreements over key mining concessions and has contiguous exploration concession applications surrounding these key mining concessions to create the 100% FMR owned La Lorena Project • The project is t
Slide 8: La Lorena Project (100% FMR)
La Lorena Project (100% FMR) Greenfields Opportunity with Scale 2 1 1 ~3km 1 ~4km Photo 1: ROM pad copper ore from the Los Morados 3 prospect. Photo 2: FMR Managing Director Oliver Kiddie, holding an underground sample from the La Martuca prospect, showing copper sulphide hosted in structurally cont
Slide 9: Shallow, High-Grade Mineralisation, Undrilled
Shallow, High-Grade Mineralisation, Undrilled High-grade Porphyry-Style Mineralisation ~3km apart La Martuca underground workings rock chip sample locations Los Morados underground mining levels rock chip sample locations Photo: Underground mineralisation from the La Martuca prospect, showing copper
Slide 10: Exploration Underway
Exploration Underway Fast Tracking to Maiden Drilling • Extending access tracks • Project-wide surface sampling • Geological and structural mapping • Geophysical surveys including: Drone AMAG Induced Polarisation (IP) • Datasets to be compiled to design maiden drilling program for Q4 2026 10 See FMR
Slide 11: Llahuin Cu-Au-Mo Project JV
Llahuin Cu-Au-Mo Project JV • Llahuin within 100km of giant porphyry deposits including: Los Pelambres 1 ~65km east (Antofagasta, 5.8Bt @ 0.53% Cu) • El Espino 2 Cu-Au project underdevelopment 8km west of Llahuin (Pucobre, 230Mt @ 0.59% CuEq) RCF 3 invested US$90M for 23% • Proven fertility along ~6
Slide 12: Compelling Drill Targets
Compelling Drill Targets • Large magnetotelluric (MT) anomaly suggests a large porphyry stock at depth below existing, limited, shallow drilling • Coincidental induced polarisation (IP) resistivity anomaly, magnetic anomaly, and MT resistivity anomaly indicative of a porphyry copper system • Only 6
Slide 13: Phase I Drilling Confirms Large Copper Porphyry System
Phase I Drilling Confirms Large Copper Porphyry System • 124m @ 0.31% CuEq1 from 258m in 25LHDD071 including 20m @ 0.48% CuEq • 104m @ 0.16% CuEq from 522m in 26LHDD072 The copper equivalent calculations represent the total metal value for each metal, multiplied by the conversion factor, summed and
Slide 14: Assays Confirm Prospectivity
Assays Confirm Prospectivity 04 25LHDD072 - Target K 14 25LHDD071 - Target C See FMR ASX Announcement 31 March 2026
Slide 15: Key Indicators Mineralised Porphyry System Identified
Key Indicators Mineralised Porphyry System Identified • Epithermal mineralisation discovered (up to 1.7% Cu), driven by underlying porphyry system • Geological observations from Target A and Target C confirm a large, Epithermal mineralisation with visible chalcopyrite intersected from 179m in 25LLDD
Slide 16: Why Target Porphyry Copper Discoveries?
Why Target Porphyry Copper Discoveries? ATEX Resources (TSXV:ATX) World’s largest Valeriano Project, Chile source of copper accounting for ~60% Example of Porphyry Discovery Success and Value Creation Scale: 100Mt to +5Bt Deposits frequently occur in clusters Discovery can deliver significant value
Slide 17: The world needs more copper and discoveries are getting deeper
The world needs more copper and discoveries are getting deeper Chile accounted for 24% of the world copper production in 2024* BHP to invest US $13B in Chile over the next decade** Filo del Sol Valeriano As at 11 June 2024 MMt = million metric tonnes; $/t = dollar per metric tonne Source: S&P Global
Slide 18: Looking Forward
Looking Forward Chilean Projects CY2026 Data collation from Llahuin Phase I drilling Design Phase II drill program at Llahuin Q2 Exploration continues at La Lorena including mapping, sampling, and geophysical surveys Q3 Continue to complement the FMR portfolio with new project opportunities Q4 Phase
Slide 19: To follow the FMR journey, visit our website
To follow the FMR journey, visit our website Oliver Kiddie – Managing Director FMR Resources Limited ACN 107 371 497 A: Suite 12, Level 4, 34 Charles Street, South Perth WA 6151 Australia P: PO Box 39, South Perth WA 6951 Australia T: +61 (0)6285 2468 E: admin@fmrresources.com.au W: www.fmrresources