Verity Resources Limited · ASX:VRL
Verity Resources — Investor Presentation (March 2026)
31 slides from Verity Resources's investor presentation, Mar 26, 2026
Slide 1: Accelerating Monument Gold from resource upgrade to development
For personal use only Accelerating Monument Gold (Laverton Goldfields) from resource upgrade to development, with district scale critical metals upside (Copper-Silver and REE discoveries) Monument Gold Project, Laverton WA Copper-Silver, Botswana Rare Earth Elements, Brazil ASX.VRL | FSE. 48B0 Compa
Slide 2: Disclaimer
Disclaimer These presentation materials and any accompanying verbal presentation (together, the Presentation Materials) information, statements, opinions, forecasts, reports or other matters, express or implied, contained in, arising out have been prepared by Verity Resources Limited (Company) as at
Slide 3: Corporate Profile
Corporate Profile VRL $0.021 491m 260m $10.3m $2m $0 $8.3m ASX Code Share Price ORD Shares on Unlisted Options Market Cap Cash (Fully Debt Enterprise Value • 112M ex. $0.022 (close price 24.03.2026) Issue • 90M ex. $0.036 (undiluted) subscribed For personal use only 42M ex. $0.048 Entitlement Issue
Slide 4: Investment Thesis
Investment Thesis De-risked Gold Foundation with High Grade Critical Metals Upside For personal use only Proven Gold Asset Major De-Risking Milestone Monument Gold (Laverton Goldfields) host a 154koz Au Metallurgy at Korong confirms excellent Au recoveries Mineral Resource with large scale growth po
Slide 5: Monument Gold Project
Monument Gold Project For personal use only Confirming Scale and Continuity Development Pathway Progressing from explorer to developer Increasing Confidence MRE upgrade of selected areas to Indicated – April 2026 Project Upside Step out and regional targets drill success over 20km trend
Slide 6: Monument Gold Project: A Strategic Footprint in the Laverton Goldfields
Monument Gold Project: A Strategic Footprint in the Laverton Goldfields LOCATION: Laverton Goldfields, WA For personal use only RESOURCE: 154koz Au Inferred (Korong & Waihi) LANDHOLDING: 405km2 • Strategic location with access to roads, services and regional mills • Adjacent to Genesis’ 3Mtpa Lavert
Slide 7: M&A - Right Place, Right Time
M&A - Right Place, Right Time Western Australia is experiencing major consolidation among ASX-listed majors, reflecting a strategic push towards consolidation and growth Regional Consolidation For personal use only 2026 Genesis Minerals (ASX: GMD) acquires $639M Magnetic Resources (ASX:MAU) 2025 Gol
Slide 8: Executing Dual Track Strategy
Executing Dual Track Strategy For personal use only Resource Upgrade Program - Complete 11,000m infill drilled – excellent gold results confirming resource grade continuity for MRE upgrade Step out and regional drilling – New Hits >2,000m drilled – Korong and Waihi resource step out holes mineralise
Slide 9: Exploration to Feasibility: Roadmap
Exploration to Feasibility: Roadmap NOW Activity Stream Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q3'26 Q4'26 Q1'27 Regional Target Freds Well + Triton + McKenzie Well + Korong + Waihi strike and depth Exploration Perseverance mineralised (>7km) extensions (doubled from MRE envelope) For personal use only
Slide 10: Delivering on the Dual Track Strategy
Delivering on the Dual Track Strategy RESOURCE UPGRADE • 11,000m infill drill campaign proving grade continuity and increasing resource confidence For personal use only • Resource upgrade to Indicated over selected areas expected April 2026 • Excellent metallurgical recoveries for simple processing
Slide 11: Monument Gold Project – Resource Upgrade Drilling Success
Monument Gold Project – Resource Upgrade Drilling Success Phase 11,000M drill campaign confirms increasing confidence in Inferred Resource For personal use only • 11,000metre RC and Diamond drill program at the Korong (139koz Au) and Waihi (15koz) deposits completed • Exceptional intercepts verified
Slide 12: Monument Gold Project – Resource Upgrade Drilling Success
Monument Gold Project – Resource Upgrade Drilling Success Korong - Consistent, +1g/t Au intercepts 7.7m @ 6.37g/t from 78m including For personal use only 1m @ @ 38.0g/t 3.9m @ 6.35g/t from 96m including 1m @ 15.3g/t 4.8m @ 3.91g/t from 97m 4.8m @ 2.79g/t from 76m including 1m @ 11.3g/t 9.7 @ 1.79g/
Slide 13: Monument Gold Project – Resource Upgrade Drilling Success
Monument Gold Project – Resource Upgrade Drilling Success Waihi – Repeatable High Grade Intercepts For personal use only 4.8m @ 4.46g/t from 60m including 0.8m @ 13.5g/t 3.2m @ 5.27g/t from 96m including 0.8m @ 21.3g/t 3.0m @ 4.67g/t from 97m 3.0m @ 4.67g/t from 76m including 0.8m @ 16.2g/t 0.5m @ 1
Slide 14: Korong Deposit: Mineralised Strike Extends over 1.4km
Korong Deposit: Mineralised Strike Extends over 1.4km Step out drilling has confirmed increase in strike from 900m (Resource) to 1.4km and remains open along strike and at depth For personal use only Step Out Intercepts – Major Strike Extension • 2.9m @ 2.51g/t Au from 8m (A1RC25003) • 1.9m @ 1.31g/
Slide 15: Waihi Deposit: Mineralised Strike Extends to over 800m
Waihi Deposit: Mineralised Strike Extends to over 800m Step out drilling has extended strike from ~150m (Resource) to over 800m and remains open along strike and at depth For personal use only Step Out Intercepts – Major Strike Extension • 3.2m @ 5.27g/t Au from 25m (WHRC25007) (incl. 0.8m @ 21.3g/t
Slide 16: Korong Deposit: Exceptional Metallurgy
Korong Deposit: Exceptional Metallurgy Metallurgy de-risks pathway to production: >92.75% Recovery For personal use only Key Findings • Average recovery: 92.75% (24hrs) • Max recovery: 98.1% • Gravity Recovery: up to 31% • Reagents: Low cyanide and lime consumption • Conclusion: Simple, conventional
Slide 17: Fred's Well: Target Outside of Resource
Fred's Well: Target Outside of Resource Why Fred's Well is Prospective Shallow, Broad High-Grade Gold Mineralisation For personal use only • 24m @ 3.24g/t Au from 44m 50m width x 1.1km mineralised strike (incl. 12m @ 6.35g/t) • 8m @ 2.09g/t Au from 40m • 8m @ 1.48g/t Au from 36m • 12m @ 1.01g/t Au f
Slide 18: Monument Growth Story, Just Beginning
Monument Growth Story, Just Beginning 20 For personal use only km2 BIF strike ~60 untested targets 10 % drilled to date 18
Slide 19: WA Gold Explorers – Peer Comparison EV/oz
WA Gold Explorers – Peer Comparison EV/oz ($) “[Monument is] one of the biggest – if not biggest – gold resource held by a junior explorer with a sub -$10 million market cap.” - Barry Fitzgerald, FY26 Gold & Copper Investor Guide Enterprise Value vs. Resource (Pre-Production Peers) BENCHMARK CONTEXT
Slide 20: Pimenta REE Project – Minas Gerais, Brazil
For personal use only PIMENTA REE PROJECT – MINAS GERAIS, BRAZIL Emerging rare earth discovery in a world- class discovery region 20
Slide 21: Brazil: Pimenta REE Project – Size and Scale
Brazil: Pimenta REE Project – Size and Scale Pimenta REE – High Grade, District Scale Surface Discovery • Surface sample returned up to 25,817ppm TREO (2.6%), with 25% high- value Magnetic Rare Earth Oxides (MREO) For personal use only • >20km radiometric anomaly confirmed correlates with high-grade
Slide 22: Botswana Copper-Silver and Copper-Nickel-PGE
For personal use only BOTSWANA COPPER-SILVER AND COPPER-NICKEL-PGE Advanced Ni-Cu-Ag-PGE and Cu-Ag assets with defined resource and district-scale upside Above: Malachite mineralisation in trench sampling at Dibete (ASX release 20 September 2023) 22
Slide 23: High Grade Copper-Silver Discoveries with Compelling Scale
High Grade Copper-Silver Discoveries with Compelling Scale 100% owned portfolio: high -grade Cu-Ag discoveries, established Ni -Cu resource, and compelling regional exploration upside For personal use only Maibele North Ni-Cu MRE Dibete Copper-Silver Airstrip Copper-Silver • Established resource at
Slide 24: Botswana: 100% Owned Copper-Silver-Nickel-PGE
Botswana: 100% Owned Copper-Silver-Nickel-PGE 2. 16km mineralised trend For personal use only 1. MAIBELE NORTH Resource 2.38Mt 10780a 4. UNTESTED AREA 3. Extension 10830 Drilling a 1. JORC Resource (775m strike length) 3. Extension drilling returned over 0.5km of continuous mineralisation along stri
Slide 25: Botswana: 100% Owned Copper-Silver and Copper-Nickel-PGE
Botswana: 100% Owned Copper-Silver and Copper-Nickel-PGE Maibele North: Ni + Cu in massive sulphide core For personal use only Airstrip: Cu + Ag in Bornite seen in diamond core Dibete: Old workings with copper exposed on rock face at surface Source: ASX:VRL presentation released 28 November 2014 25
Slide 26: Dibete Copper-Silver – over 3.5km strike
Dibete Copper-Silver – over 3.5km strike High Grade Copper-Silver Intercepts 36m @ 1.37% Cu, 70g/t Ag from 12m, including For personal use only 2.5m @ 7.41% Cu, 456g/t Ag 20m @ 1.13% Cu, 29.5g/t Ag from 30m, including 2m @ 3.25%Cu, 114.1g/t Ag 17m @ 2.7% Cu, 40.5g/t Ag from 16m 11m @ 4.5% Cu, 229.9g
Slide 27: Airstrip Copper-Silver
Airstrip Copper-Silver • Anomaly in soils 3.5km x 3.5km • Multiple IP conductors remain to be tested • Results to date have confirmed correlation between conductor and copper mineralisation, with 13 conductors drilled and all For personal use only mineralised High Grade Copper-Silver Intercepts 11m
Slide 28: Contact
For personal use only Contact Patrick Volpe - Director pv@verityresources.com.au Investor Presentation December 2024 Verity Resources Verity Resources Limited Limited | ASX:VRL | ASX:VRL ACN 122995 ACN 122 995 073 073
Slide 29: JORC Mineral Resource Estimates
JORC Mineral Resource Estimates Monument – Western Australia (100% Owned) JORC (2012) Inferred Resource was calculated at Korong and Waihi by CSA Global Pty Ltd in 2021 using a 0.5g/t gold cut-off grade. See the ASX announcement on 2 For personal use only August 2021 “Mineral Resource Estimate Decla
Slide 30: References
References Information Referenced from ASX Company Releases 16. ASX:VRL 30 October 2024 “Quarterly Activities Report” 1. ASX:GMD ASX Release 16 February 2026 “GMD bolsters production outlook with rec. offer for Magnetic” 17. ASX:VRL 5 October 2023 “Drilling Commences at Airstrip Cu-Ag Project Botswa
Slide 31: Appendix A – Peer Comparisons
Appendix A – Peer Comparisons Source data for peer comparisons Total Resource For personal use only ASX Code Project (Koz Contained) Au (g/t) Source and ASX release date Star Minerals Half Yearly Report and Accounts ASX release 13 March 2026, Company Presentation SMS Tumblegum South 45 2.1 ASX relea
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