Slide 1: Eagle Mountain Mining – Re-Energised Corporate Update
ASX:EM2 Eagle Mountain Mining Re-Energised CORPORA TE U PDA TE April 2025
Slide 2: Important Information
IMPORTANT INFORMATION P u r p o s e o f p r e s e n t a t I o n : This presentation has been prepared by Eagle Mountain Mining Limited (ACN 621 541 204) (Eagle Mountain) and should be read in conjunction with the Company’s Annual Report, issued by Eagle Mountain on 23 October 2024 and subsequent ASX
Slide 3: The Way Forward – leveraging our assets and experienced leadership
THE WAY FORWARD – leveraging our assets and experienced leadership to enhance shareholder value! • Eagle Mountain Mining Limited’s (Eagle Mountain, EM2 or the Company) copper assets are located in Arizona, USA, a tier-1 jurisdiction, proximal to multiple operating copper mines • Eagle Mountain recap
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT Corporate structure as at 31 March Shares on Issue 1,136m Board of Directors Share Price A$0.006 Mr Charles Bass Managing Director Market Capitalisation A$6.8m Mr Fabio Vergara Executive Director Cash* A$2.4m Mr Rick Crabb Chairman Debt** A$12m* Mr Roger Port Non-Executive Directo
Slide 5: Enterprise Value
The headline enterprise value $180 Price (A$) Volume (m) Price (US$) Copper Price Since 2019 EM2 - Share Price Since 2019 $1.20 35.0 $160 $1.00 30.0 12000 25.0 10000 $0.80 20.0 8000 $140 $0.60 15.0 6000 $0.40 10.0 4000 Enterprise Value (A$)* $120 $0.20 5.0 2000 $0.00 0.0 0 2019 2020 2021 2022 2023 2
Slide 6: Two Key Projects – In a World Class Jurisdiction
TWO KEY PROJECTS – IN A WORLD CLASS JURISDICTION Silver Mountain Project (100%)– large scale targets and high-grade outcrops 100% owned copper-gold-silver exploration project Description & Location located northwest of Phoenix, Arizona Large landholding > 28km2 including over 5km strike Tenements of
Slide 7: Silver Mountain Project
ASX:EM2 Silver Mountain Project 100% EM2
Slide 8: Scarlett prospect - porphyry potential
Scarlett prospect - porphyry potential • The Scarlett Prospect is emerging as a porphyry opportunity 368000 372000 after extensive mapping and geophysical programs including a recently completed FleetTM passive seismic survey Crown King – 20km • Eagle Mountain is currently seeking a JV partner to ad
Slide 9: Scarlett: High-grade polymetallic veins
SCARLEtt: High-grade polymetallic veins Recent sampling at the Scarlett prospect identified high-grade veining and breccias at surface Refer to ASX Announcements 31 July 2024 9
Slide 10: Scarlett: Seismic anomalies
SCARLETT: Seismic anomalies Prospective High Velocity Porphyry Style Targets Refer ASX Announcements 25 November 2024 10
Slide 11: Scarlett: Magnetic anomalies
SCARLETT: Magnetic anomalies Low magnetics anomalies match high-velocity porphyry -style targets Refer ASX Announcements 25 November 2024 11
Slide 12: Wedgetail Project
ASX:EM2 Wedgetail Project 100% EM2
Slide 13: Tailings Repurposing Study
TAILINGS REPURPOSING study • Phase III study underway to produce test material for potential customers and finalise product pricing. Result expected Q2 2025. • Preliminary market research identified eight potential buyers for both fine and coarse products • Independent test work indicates that ~1Mt
Slide 14: Strategic Holding
strategic holding Eagle remains in ownership of the IP on drilling data and the MRE Infrastructure: • Historical Tailings Storage Facility (TSF) on private land controlled by WTO. Critical infrastructure for future mining operations • Recently acquired Cochise claim is a critical link between the Or
Slide 15: Obligation – Wedgetail Project
OBLIGATION – WEDGETAIL PROJECT Vincere Resource Holdings LLC • History - This obligation was vendor financing from the Company’s taking of the Wedgetail Project and Oracle Ridge mine out of administration in 2019. • Balance - US$ 7.25m. Does not attract interest. • Repayment Structure - US$1.5m per
Slide 16: Wedgetail Project - the future
WEDGETAIL PROJECT - the future • Eagle Mountain seeks to create value at the Wedgetail Project through : • Positive results from the tailings repurposing study; and/or • Renegotiating an acquisition of the Oracle Ridge Mine on terms acceptable by all stakeholders (EM2, Marble Mountain Ventures LLC,
Slide 17: Summary
summary Tier-1 jurisdiction | Proximal to multiple operating copper mines Strengthened balance sheet Post Rights Issue | Allows the Company to pursue exploration activities Pivot to high impact exploration/acquisitions | The Company is focused on its 100%-owned Silver Mountain Project and Wedgetail