Sky Metals Limited · ASX:SKY
Sky Metals — Investor Presentation (November 2025)
21 slides from Sky Metals's investor presentation, Dec 2, 2025
Slide 1: Scaling Up for Success – The Tallebung Tin Project, NSW
For personal use only ASX: SKY SCALING UP FOR SUCCESS THE TALLEBUNG TIN PROJECT, NSW A LARGE AND GROWING RESOURCE, SET TO BENEFIT FROM CUTTING-EDGE TECHNOLOGY, EFFICIENT DEVELOPENT AND GROWING TIN DEMAND INVESTOR PRESENTATION | NOVEMBER 2025 | OLIVER DAVIES, MANAGING DIRECTOR AND CEO
Slide 2: Disclaimer – Important Information
ASX: SKY DISCLAIMER – IMPORTANT INFORMATION Disclaimer Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward looking information, including risks asso
Slide 3: SKY Investment Snapshot
SKY INVESTMENT SNAPSHOT CREATING A NEW AUSTRALIAN TIN PRODUCER For personal use only CORNERSTONE ASSET QUALITY TEAM Flagship Tallebung Tin Project in NSW - Highly regarded board & leadership brownfields asset with substantial JORC team with exceptional track record, Resource & compelling upside led
Slide 4: Experienced and Proven Management
EXPERIENCED AND PROVEN MANAGEMENT For personal use only NORMAN SECKOLD | CHAIRMAN RICHARD HILL | NON-EXECUTIVE DIRECTOR CAPITAL STRUCTURE 30+ years in the full-time management of natural 25+ years experience in the mineral resources sector as a geologist and solicitor. Mr. Hill has a successful trac
Slide 5: Tin – Irreplaceable in Modern Technologies
TIN – IRREPLACEABLE IN MODERN TECHNOLOGIES For personal use only The invisible ingredient for strength – tin oxide coatings create stronger- scratch resistant glass The conductive glue in every circuit – tin solder physically connects every component in a circuit board. Used in laptops, The gold sta
Slide 6: Tin Price – Increasing with Global Demand
TIN PRICE – INCREASING WITH GLOBAL DEMAND For personal use only • Fundamental structural demand growth – triggering a supply crunch after 30+ years of Increase in tin demand under-investment Tin Price • Tin is vital for EVs, Renewable Energy, AI and all electronics • New solar PV tech increases tin
Slide 7: Tin: Essential Electrification Metal – Global Supply Disruptions
TIN: ESSENTIAL ELECTRIFICATION METAL – GLOBAL SUPPLY DISRUPTIONS • Inelastic tin price – strong demand 2021 GLOBAL TIN SUPPLY For personal use only underpinned by tin’s irreplaceable role in electronics, increasing demand with AI and EVs BY COUNTRY (TPA) • Over 5% of world tin production out when Al
Slide 8: Major Historic Operation – Tallebung Tin Project
MAJOR HISTORIC OPERATION TALLEBUNG TIN PROJECT For personal use only • Tin discovered in the 1890s and mined into the mid- 1980s • Small shafts and open pits mined hard rock tin veins, culminating in large scale alluvial mining production in the 1960s-70s • Infrastructure already in place from previ
Slide 9: Tallebung Tin Project Key Competitive Advantages
TALLEBUNG TIN PROJECT KEY COMPETITIVE ADVANTAGES Tallebung Tin Mine – Drone Photo looking East down the Central Lead Open Pit. For personal use only • Low-Cost Mining Proposition – Shallow deposit at surface, very low strip ratio and growing with every new drill-hole • Exceptional Upgrade – Ore sort
Slide 10: Evolving High-Grade Tin-Silver Discoveries and Extensions
EVOLVING HIGH-GRADE TIN-SILVER DISCOVERIES AND EXTENSIONS For personal use only • New intercepts show potential for shallow, higher-grade tin and silver outside the existing MRE • Three main shallow target areas for Resource growth: • Southern extensions where TBRC078 intercepted: 11m @ 1.02% Sn & 7
Slide 11: Growing Large Hardrock Tin Resource
GROWING LARGE HARDROCK TIN RESOURCE • Recent higher-grade expansion not included in the For personal use only MRE or Exploration Target estimates • Jan 2024 MRE, Inferred and Indicated, totalling: 15.6 Mt @ 0.15% Tin for 23kt of contained Tin1 • Exploration Target estimated concurrently: 23 – 32 Mt
Slide 12: TOMRA – High Technology Changes the Game
TOMRA-HIGH TECHNOLOGY CHANGES THE GAME Cassiterite from Tallebung – For personal use only Scale in mm • Tallebung tin deposit is ideally matched to ore sorting technology Dense tin – cassiterite “nuggets” detected by ore sorter and accepted • Conservative, Stage 1 bulk TOMRA Ore Sorting testwork dem
Slide 13: TOMRA – High Technology Changes the Game
TOMRA-HIGH TECHNOLOGY CHANGES THE GAME For personal use only • Extremely effective sorting of Tallebung Tin achieved as Tin is ideally present as large, discrete ‘chunks’, easily classified by the TOMRA XRT ore sorter • 75t bulk sample testwork on full-scale ore sorters demonstrate: – Stage 1 Sortin
Slide 14: TOMRA – High Technology Changes the Game
TOMRA-HIGH TECHNOLOGY CHANGES THE GAME For personal use only ASX: SKY 14
Slide 15: Progressing Work Program: Paving Way to Mining
PROGRESSING WORK PROGRAM: PAVING WAY TO MINING • Groundwater Monitoring Bores – 2 years required For personal use only monitoring now completed Weather station • Geochemical Characterisation – Initial deposit and mast characterisation completed, weathering only variable • Weather Station – Installed
Slide 16: Large-Scale Expansion Drilling & Mining Studies
PROGRESSING WORK PROGRAM LARGE-SCALE EXPANSION DRILLING & MINING STUDIES For personal use only • Large-scale, multi-rig drill out ongoing to expand MRE, increase resource confidence and grow higher-grade discoveries with completion scheduled in the coming months • Release updated MRE with addition o
Slide 17: Tallebung Tin Project: Low-Risk Pathway Set to Add Value Quickly
TALLEBUNG TIN PROJECT LOW-RISK PATHWAY SET TO ADD VALUE QUICKLY For personal use only ASX: SKY 17
Slide 18: Doradilla Tin Project – A Giant in Waiting
DORADILLA TIN PROJECT A GIANT IN WAITING • Large-scale Tin Project in north-western NSW For personal use only • Recent metallurgical breakthrough shows ~78% of tin is recoverable into a saleable concentrate • Initial Exploration Target for 2.5km strike1,2: Exploration Tonnage Range Grade Range Conta
Slide 19: Building Australia's Future Tin Production
For personal use only BUILDING AUSTRALIA’S FUTURE TIN PRODUCTION ASX: SKY SKYMETALS.COM.AU
Slide 20: Appendix 1: Tallebung MRE and Exploration Target Estimate
APPENDIX 1: TALLEBUNG MRE AND EXPLORATION TARGET ESTIMATE For personal use only Details on the MRE and Exploration Target for Tallebung can be found in SKY ASX Announcement 23 January 2024, available at skymetals.com.au. Table 1 – Tallebung MRE showing total tonnage, grade and contained metals at a
Slide 21: Appendix 2: Doradilla Exploration Target
APPENDIX 2: DORADILLA EXPLORATION TARGET Details on the Doradilla Exploration Target can be found in SKY ASX For personal use only Announcement 14 July 2025, available at skymetals.com.au. Exploration Target Table 3 – Doradilla Tin Deposit: Initial Exploration Target for 2.5km of the total 7.5km str