Neometals Ltd · ASX:NMT
Neometals — TSN GEMS Presentation May 2026
20 slides from Neometals's conference presentation, May 8, 2026
Slide 1: Neometals: Transitioning to Gold Producer
Neometals: Transitioning to Gold Producer TSN GEMS Presentation | May 2026 ASX: NMT | OTCQX: NMTAY | DEU: 9R9 ASX: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer This presentation has been prepared and issued by Neometals Ltd (Neometals, or the Company) to provide summary not independently verified the information obtained from such by third-party sources. While Neometals believes that such information about the Company and i
Slide 3: Important Notices and Disclaimer (continued)
Important Notices and Disclaimer (continued) Competent Person Statement The information in this report that relates to Exploration Results and Exploration Targets reported during 2026 for the Utah Brine Project is based on information compiled by Dr Biao Qiu (Ph.D., P.E. (CO), P.Eng. (SK & AB)), a f
Slide 4: Developing Gold and Lithium Production is in our DNA
Developing Gold and Lithium Production is in our DNA Comet Vale (2002-2009) Au Meekatharra (2011-2013) Au Li-B Recycling (2019-2025) Li Mt Marion (2015-2018) Li ASX: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au ASX: NMT | OTCQX: NMTAY | DEU: 9R9 4
Slide 5: Corporate Overview
Corporate Overview NMT has returned over A$82M to shareholders via dividends, buy-backs and return of capital ASX: NMT OTCQX: NMTAY Shares on Issue (1) m 842.4 Share Price (7-May-26) A$ 0.039 Market Capitalisation (7-May-26) A$m 32.8 Cash (30-Apr-26) (2) A$m 3.8 Debt (31-Mar-26) (3) A$m – AR & Inves
Slide 6: Gold for Cashflow Critical Metals for Growth
Gold for Cashflow Critical Metals for Growth Low-capex Production JV/Toll Milling Model Self-fund resource growth Commodity Lithium Vanadium NMT 2 Camp Scale 51% 1 86.1% Opportunity Ownership in Prolific Goldfield Stage Exploration Project Financing BMLV 50:50 Elevated Production Inflation Risk JV a
Slide 7: Barrambie Gold
Barrambie Gold Barrambie Gold Project 100% Neometals ASX: NMT | OTCQX: NMTAY | DEU: 9R9 ASX: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au
Slide 8: Barrambie Flythrough
Barrambie Flythrough https://www.neometals.com.au/wp-content/uploads/2026/04/Barrambie_Feb2026_D7a.mp4 ASX: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au
Slide 9: Ironclad Deposit Mineral Resource Estimate
Ironclad Deposit Mineral Resource Estimate15 Historic drilling, together with 2025 infill drilling has improved modelling of a higher-grade subset of mineralisation est to contain 180,000t @ 2.1 g/t Au; Approximately 86% of contained ounces now in Indicated category; Deposit remains open down plunge
Slide 10: Scoping Study Metrics
Scoping Study Metrics 16 Scenario A Scenario B Key Parameters Units 90% Recovery 85% Recovery Scoping Study cost model base case indicates potential Mining for up to $23M free cash flow generation from Ironclad Total tonnes mined Mt 3.2 3.2 Gold deposit; Total tonnes milled kt 200 to 220 200 to 22
Slide 11: Production JV Ironclad Deposit
Production JV11,19 Ironclad Deposit Joint Venture for mining services with experienced mining contractor BML Ventures Pty Ltd (BMLV) over open- pittable mineralisation from MLA57/674; BMLV to fund the majority of pre-mining activities; Subject to FID, BMLV to fund and manage mining and haulage opera
Slide 12: Utah Brine Project
Utah Brine Project Utah Brine Corporation Neometals 51% Omaha Value, Inc. 49%
Slide 13: Investment
Investment 1 • Neometals holds 51% equity in Utah Brine Corporation (UBC) and is required to incur US$2M of expenditure within a 3-year period to maintain interest. • UBC holds more than 80,000 acres of potash prospecting permit applications, potash lease nominations and lithium placer claims. Well
Slide 14: Targeting Lithium + Potassium Brine in Paradox Clastics
Targeting Lithium + Potassium Brine in Paradox Clastics Historic data from licensed wells confirmed Li and K in potentially economic concentrations Depth (ft) Stratigraphic Column showing clastic units and zones within the Paradox Formation Source: Mandrake Resources, ASX Announcement, 22nd January
Slide 15: Exploration Target (JORC 2012)
Exploration Target (JORC 2012)2 April 2026: The number that sets the scale of this opportunity Exploration Target for potash and lithium brine across 84,020-acre project locality — the first formal statement of potential dual-mineral project scale. • Ranges from 94 to 325 Mt of Muriate of Potash (MO
Slide 16: Strategic Rationale & Investment Thesis
Strategic Rationale & Investment Thesis • Strategic entry into a known lithium-potassium basin in the USA. Utah is a stable and supportive jurisdiction for mining investment; • Leverages 23+ existing wells, infrastructure and sub-surface data to accelerate exploration and lower the cost of rapidly a
Slide 17: Indicative Milestones/Newsflow
Indicative Milestones/Newsflow 2026 2027 DEVELOPMENT RESOURCE EXPLORATION TARGET RESOURCE ESTIMATE TOTAL RESOURCE DEVELOPMENT TESTWORK & STUDIES DLE PILOT ACTIVITIES SCOPING STUDY TOTAL TEST WORK & STUDIES Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Assay Assay Results/ U
Slide 18: Summary
Summary ASX: NMT | OTCQX: NMTAY | DEU: 9R9
Slide 19: Exposure to Gold and Critical Metals – Multiple Shots on Goal
Exposure to Gold and Critical Metals – Multiple Shots on Goal Commodity Diversification – Balanced exposure to gold (cashflow stability) + lithium/vanadium (growth) materially reduces single-commodity cyclicality. Business Model Diversification – Capital-light mix of near-term cashflow (Barrambie),
Slide 20: Neometals Ltd
Neometals Ltd neometals.com.au ASX: NMT | OTCQX: NMTAY | DEU: 9R9 ASX: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au