Star Minerals Ltd. · ASX:SMS
Star Minerals — Investor Presentation (February 2026)
12 slides from Star Minerals's investor presentation, Feb 24, 2026
Slide 1: From Explorer to Emerging Near-Term Gold Producer
CORPORATE PRESENTATION | FEBRUARY 2026 For personal use only FROM EXPLORER TO EMERGING NEAR - TERM GOLD PRODUCER February 2026 starminerals.com.au ASX: SMS
Slide 2: Disclaimer
DISCLAIMER CORPORATE PRESENTATION | FEBRUARY 2026 Disclaimer and Important Information Previously reported information This presentation has been prepared by Star Minerals Limited ABN 53 648 048 631 (Company or Star The information in this presentation relating to : (1) the Updated Scoping Study and
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS ASX: SMS CORPORATE PRESENTATION | FEBRUARY 2026 For personal use only NEAR - TERM HIGH - GRADE GOLD PRICE STRATEGIC PATH TO GOLD RESOURCE, STRENGTH PARTNERS RE - RATING PRODUCER LOW CAPITAL ~A$7,000/oz Au MEGA Resources and Transition from INTENSITY significantly above Bain Glo
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT CORPORATE PRESENTATION | FEBRUARY 2026 225.23M A$0.06 A$13.5M A$12.25M For personal use only SHARES ON ISSUE SHARE PRICE MARKET CAP ENTERPRISE VALUE (cash ~A$1.26M as at 31 December 2025) KEY SHAREHOLDERS Bain Global Resources participated in a placement at 4.31% and has so far in
Slide 5: Gold Market Tailwinds
GOLD Gold Chart – 1 yr Gold (Au) Value in Australian Dollars ($) per ounce CORPORATE PRESENTATION | FEBRUARY 2026 MARKET Gold Price in AUD/oz Current Price TAILWINDS ~A$7,300 For personal use only 7,200,000 Significant potential for lower and upper range value Scoping study completed increase May 20
Slide 6: Tumblegum South Foundation Asset
TUMBLEGUM SOUTH CORPORATE PRESENTATION | FEBRUARY 2026 FOUNDATION ASSET For personal use only LOCATION: RESOURCE: PRODUCTION LOW CAPITAL SPRINGBOARD 40km south of 616 kt @ 2.28 Target: 11.8 –15.9 REQUIREMENT : FOR CASH FLOW Meekatharra on g/t Au for koz Au over ~18 A$1.7–3.9 M AND GROWTH granted min
Slide 7: Exceptional Drilling Results
EXCEPTIONAL DRILLING RESULTS ASX: SMS CORPORATE PRESENTATION | FEBRUARY 2026 For personal use only 5 m @ 30.91 g/t Au (incl. 2 m @ 75.45 g/t Au) Recent high - grade 5m @ 10.85 g/t Au (incl. 2m @ 25.65 g/t Au) hits include: 7m @ 3.28 g/t Au (incl. 1m @ 13.40 g/t Au) 12m @ 2.64 g/t Au (incl. 2m @ 11.2
Slide 8: Gold Milling Agreement Signed
GOLD MILLING AGREEMENT SIGNED CORPORATE PRESENTATION | FEBRUARY 2026 PROCESSING PATHWAY SECURED – CATALYST METALS (ASX: CYL) PARTNERSHIP For personal use only GOLD TOLL TREATMENT AGREEMENT • Up to 250kt mill feed • Processed at Plutonic Mill (Catalyst Metals) • Two - year period STRATEGIC INVESTMENT
Slide 9: Approvals & Development Timeline
APPROVALS & DEVELOPMENT TIMELINE ASX: SMS CORPORATE PRESENTATION | FEBRUARY 2026 For personal use only JULY AUG SEPT Q4 Q1 2025 2025 2025 2025 2026 Native Vegetation All environmental Mining Approval Receipt of Mining Grade control Clearing Permit and geotechnical application Approval drilling compl
Slide 10: Deepening Strategic Partnership
DEEPENING STRATEGIC PARTNERSHIP CORPORATE PRESENTATION | FEBRUARY 2026 For personal use only MEGA Resources Bain Global Resources Right to Mine Agreement with MEGA Resources' finance arm - WA-based mining contractor holds 9.56% SMS (associate of BGR Mining & Infra, one of India’s largest private min
Slide 11: Why Invest?
WHY INVEST? CORPORATE PRESENTATION | FEBRUARY 2026 Current position: ~A$13.5M market cap, low EV and strong cornerstone investors For personal use only NEAR - TERM STRATEGIC THE BIG PICTURE CATALYSTS OPTIONALITY From tightly held micro- cap to cash-generating Transition to gold Partnerships provide
Slide 12: Contact Us
CORPORATE PRESENTATION | FEBRUARY 2026 CONTACT US For personal use only Ashley Jones Paul Berson Managing Director Investor Relations info@starminerals.com.au paul@corporatestorytime.com +61 8 9226 1860 +61 421 647 445 Star Minerals 191B Carr Place Follow us: West Leederville starminerals.com.au ASX
Star Minerals — Investor Presentation (February 2026) on 6ix