Sky Metals Limited · ASX:SKY
Sky Metals — Investor Presentation (July 2025)
22 slides from Sky Metals's investor presentation, Jul 29, 2025
Slide 1: Moving to the Next Level: The Tallebung Tin Project, NSW
MOVING TO THE NEXT LEVEL THE TALLEBUNG TIN PROJECT, NSW A LARGE AND GROWING RESOURCE, IDEALLY MATCHED “WITH A MODERN TECHNOLOGY ADVANTAGE al wuLY 2025 | OLIVER DAVIES, MANAGING DIRECTOR AND CEO
Slide 2: Disclaimer
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 associated with investments in private and publi
Slide 3: Cornerstone Asset, Quality Team, Near-Term Growth
For personal use only CORNERSTONE ASSET QUALITY TEAM NEAR-TERM GROWTH Flagship Tallebung Tin Project in NSW - Highly regarded board & leadership Upsized 15,000m drill program well advanced brownfields asset with substantial JORC team with exceptional track record, led targeting resource growth & upg
Slide 4: Capital Structure
For personal use only CAPITAL STRUCTURE 30+ years in the full-time management of natural 25+ years experience in the mineral resources sector as a resource companies. Past Chairman and Director of geologist and solicitor. Mr. Hill has a successful track record Shares on issue 729.2M listed companies
Slide 5: Fundamental structural demand growth for tin
For personal use only Fundamental structural demand growth – triggering a supply crunch after Increase in tin demand 30+ years of under- investment Tin Price Tin is vital for EVs, Renewable Energy, AI and all electronics New solar PV tech increases tin use – tin replacing lead and indium in cells So
Slide 6: Tin: Essential Electrification Metal – Global Supply Disruptions
TIN: ESSENTIAL ELECTRIFICATION METAL – GLOBAL SUPPLY DISRUPTIONS For personal use only • Inelastic tin price – strong demand underpinned by tin’s irreplaceable role in electronics, increasing demand with AI and EVs • Over 5% of world tin production out when Alphamin’s Bisie tin mine shut in DRC • He
Slide 7: Major Historic Tin Operation: Tallebung Tin Project
MAJOR HISTORIC TIN 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 pr
Slide 8: Tallebung Tin Project Key Competitive Advantages
TALLEBUNG TIN PROJECT KEY COMPETITIVE ADVANTAGES Tallebung Tin Mine – Drone Photo looking East down For personal use only the Central Lead Open Pit. • Low-Cost Mining Proposition – Shallow deposit at surface, very low strip ratio and growing with every new drill-hole • Exceptional Upgrade – Ore sort
Slide 9: Evolving High-Grade Tin-Silver Discoveries and Extensions
EVOLVING HIGH-GRADE TIN-SILVER DISCOVERIES AND EXTENSIONS • New intercepts show potential for shallow, higher-grade For personal use only 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 10: Growing Large Hardrock Tin Resource
GROWING LARGE HARDROCK TIN RESOURCE For personal use only • Recent higher-grade expansion not included in the existing 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
Slide 11: Ore Sorting Upgrades Tallebung Tin Grade
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 • Conservative TOMRA Ore Sorting increases by ore sorter and accepted grade +500% and rejects +80% of mass Host rock and quar
Slide 12: 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 • Initial, conservative ore sorting aimed to accept all rocks with Tin shown in t
Slide 13: TOMRA – High Technology Changes the Game
TOMRA– HIGH TECHNOLOGY CHANGES THE GAME For personal use only ASX: SKY 13
Slide 14: Progressing Work Program: Trenching and Bulk Sampling
PROGRESSING WORK PROGRAM: TRENCHING AND BULK SAMPLING For personal use only • Six trenches completed with all intercepting tin mineralisation at surface • Four sites selected and bulk samples taken of 10- 20 tonnes each for bulk metallurgical testwork • Metallurgical testwork includes full-scale TOM
Slide 15: Shallow, Higher-Grade Start Up
SHALLOW, HIGHER-GRADE START UP For personal use only • Shallow, at surface high-grade tin zone identified for fast payback potential at commencement of mining • Results within the high-grade zone include: TBD002: 60.2m @ 0.54% Tin from 12.8m TBD003: 60.55m @ 0.36% Tin from 23m Plan View Aerial Image
Slide 16: Upcoming drilling, MRE update and 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 of higher-grade discoveries, in-fill drilling and bulk sampling data Incorpora
Slide 17: Mine Permitting: Well-Advanced Environmental Studies
MINE PERMITTING: WELL-ADVANCED ENVIRONMENTAL STUDIES For personal use only • Groundwater Monitoring Bores – Over 18 months of 2 years required monitoring now completed • Geochemical Characterisation – Initial work within the deposit completed to characterise waste Bore Cap management, weathering onl
Slide 18: 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 18
Slide 19: 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 20: For personal use only
For personal use only
Slide 21: Appendix 1: Tallebung MRE and Exploration Target
For personal use only Details on the MRE and Exploration Target for Tallebung can be found in SKY ASX Table 1 – Tallebung MRE showing total tonnage, grade and contained metals at a 0.08% Tin cut-off grade. NB: Announcement 23 January 2024, available at skymetals.com.au. WO3 refers to the Tungsten re
Slide 22: Appendix 2: Doradilla Exploration Target
For personal use only Details on the Doradilla Exploration Target can be found in SKY ASX Announcement 14 July 2025, available at skymetals.com.au. Table 3: Doradilla Tin Deposit: Initial Exploration Target for 2.5km of the total 7.5km strike Exploration Target Exploration Target Tonnage Range Grade