Slide 1: A Golden opportunity
ASX:WIN winmetals.com.au For personal use only A Golden opportunity August 2025- Investor Update
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer This Presentation has been prepared by WIN Metals Limited (“WIN” or the “Company”) to assist in informing interested parties This presentation has been prepared by WIN Metals Limited based on information currently available to it. No representation or about the Compan
Slide 3: Project Portfolio - diversified with near term production potential
Project Portfolio- diversified with near term production potential Four distinct project areas in Western Australia focused on exploring and developing resources in gold, lithium, and For personal use only nickel • Radio Gold Mine – New Acquisition • Butchers Creek Gold Project- 5.6Mt for 359koz • M
Slide 4: Radio Mine Acquisition - near term production potential
RADIO Mine Acquisition- near term production potential Historical production +70Koz @ 38g/t Au from 1918 to 1974 For personal use only 10km2 mining tenements.Fully permitted mine- decline developed 330m, 200m ore development. Stope ready Mobile & Fixed Mining Equipment- Jumbos, loaders, trucks, LV’s
Slide 5: Open Pit - near surface gold prospectivity highlighted
Open Pit- near surface gold prospectivity highlighted For personal use only WIN METALS 7,000m RC program to start shortly to confirm Radio Repeater, Radio Deeps and Radio mine to exploit near surface mineralisation 5
Slide 6: Development Potential - Significant sunk capital evident in UG
Development Potential - Significant sunk capital evident in UG For personal use only Consider concurrent Open pit/UG development & other opportunities WIN METALS Processing optionality - Toll or gravity onsite (+ 85% Gravity recoverable gold), partially completed Processing facility constructed with
Slide 7: Asset Rich Acquisition
For personal use only ASSET Rich Acquisition 7 WIN METALS
Slide 8: Butchers Creek: Background
Butchers Creek: Background For personal use only • Halls Creek region was the site of the first gold rush in Western Australia mid 1880’s. • Butchers Creek located 30km south-east of Halls Creek in the Kimberley region of Western Australia. • Accessible via the partially sealed Duncan Road that conn
Slide 9: Butchers Creek Gold Project: Mineral Resource Overview
Butchers Creek Gold Project: Mineral Resource Overview Resource Tonnes Contained Deposit Last Update Au g/t Classification (Mt) Gold (Oz) Indicated 3.58 2.24 258,000 For personal use only Butchers Apr-25 Creek Inferred 1.65 1.18 63,000 Golden Jun-21 Inferred 0.40 3.10 38,000 Crown Indicated + Total
Slide 10: Drilling Delivers High Grade Results - Down Plunge Potential Confirmed
Drilling Delivers High Grade Results - Down Plunge Potential Confirmed • Drilling confirms mineralisation remains open down plunge with the potential for resource growth • Strong coherent zones of gold mineralisation3 from first For personal use only program reported including: 24BCRC002 66m @ 1.89g
Slide 11: Butchers Creek - Ready to dig in the short term
Butchers Creek - Ready to dig in the short term For personal use only Butchers Creek open pit with block model shown 40m below current pit floor (left), southern section of pit looking north-west (right) with conceptual starter pit outline WIN METALS • Confirmation of the final open pit survey with
Slide 12: Golden Crown – to test strike & depth extent
Golden Crown – to test strike & depth extent • 2km of mineralised strike within syenite host unit • Shallow RC drilling planned to unlock open pit potential along strike 9,000m planned For personal use only • Current Resource 38koz at 3.1g/t limited to a depth of 100m Significant historical results
Slide 13: Alluvial Potential – Targeting valley depositional opportunities
Alluvial Potential – Targeting valley depositional opportunities Low-cost auger work approved to cover broad valley style gold targets where exploration/mining has been limited in extent to areas within immediate proximity For personal use only to existing ephemeral water ways Nuggety Gully and Rosi
Slide 14: Ganymede - Greenfields Target (EIS Co-funded)
Ganymede- Greenfields Target (EIS Co-funded) • Government EIS co-funding will facilitate drill testing of an Induced Polarisation (IP) anomaly to the east of Butchers Creek deposit For personal use only • Ganymede has an equivalent geophysical signature to Butchers Creek gold deposit. Ganymede targe
Slide 15: 2025 Exploration and Resource Growth Programs – Butchers Creek
2025 Exploration and Resource Growth Programs – Butchers Creek Prospect Grassroots Development Advanced Recon, Infill drilling, For personal use only mapping, and RC exploration DD drilling sampling drilling MRE program RC infill drilling to Golden Crown expand resource envelope and MRE Drilling alo
Slide 16: Board and Management
Board and Management Andrew Parker Steve Norregaard For personal use only Non-Executive Chair Managing Director & CEO Andrew holds a Bachelor of Laws (LLB) degree from the Steve is an experienced resources industry executive, University of Western Australia and has significant company director, and
Slide 17: Retaining Optionality and Preserving Latent Value
Retaining Optionality and Preserving Latent Value Nickel and Lithium 240km2 granted mining leases covering the highly prolific Widgiemooltha Dome, For personal use only with exposure to two critical minerals. Mt Edwards Nickel Project Significant resource, upgraded through drilling, Scoping Study co
Slide 18: For personal use only
WINMETALS.COM.AU For personal use only Level 4, 220 St Georges Tce, Perth, WA 6000 +61 8 63817250 WIN METALS info@winmetals.com.au ASX: WIN 18
Slide 19: Mt Edwards Nickel and Faraday Lithium Resources
Mt Edwards Nickel and Faraday Lithium Resources For personal use only WIN Metals Mt Edwards Nickel Resource Estimate All Resources reported at 1.0% Ni cut-off except for WTS, Widgie 3, Gillett and Armstrong which are reported at 0.7% Ni cut- off. Tonnes and grade have been rounded to reflect the rel