Venari Minerals NL · ASX:VMS
Venari Minerals NL — Sharewise Webinar November 2026
19 slides from Venari Minerals NL's conference presentation, Nov 10, 2026
Slide 1: Venari Minerals Sharewise Webinar Presentation (ASX Media Release)
ASX / Media Release 10 November 2026 For personal use only Venari Minerals Sharewise Webinar Presentation Venari Minerals NL (ASX: VMS) (“VMS”, “Venari” or “the Company”), is pleased to advise shareholders and investors that its CEO Matthew Healy will present an update on the Company’s activities as
Slide 2: Lithium & Strontium: A unique US Strategic Minerals Opportunity on the ASX
rsonal use only Lithium & Strontium: A unique US Strategic Minerals Opportunity on the ASX Red Mountain Project ASX: VMS Sharewise Investor Presentation, November 2026
Slide 3: Advancing a unique critical and strategic minerals project in Nevada
Advancing a unique critical and strategic minerals project in Nevada rsonal use only Large-scale Lithium Resource with by-products o 3.03Mt Lithium Carbonate Equiv. (LCE) Inferred Mineral Resource Estimate o 2.67Mt contained Strontium (as SCE) and 12Mt contained Magnesium Red Mountain is the only MR
Slide 4: Company Overview and Key Financials
Key Financials Company Overview Share Price (@ 30.10.2026) Shares on Issue 168,091,637 $0.12 Share Price1 Options (ASX:VMSOA) 10,219,1602 1M 0.30 Unlisted Options (exp. 2 Oct 2028) 3,000,0003 rsonal use only 1M 0.25 Performance Rights 3,812,000 Share Price ($AU) 1M 0.20 Market Cap $20.17 m Volume 1M
Slide 5: Red Mountain Overview
Red Mountain Overview rsonal use only Location o 33km2 of Mining Claims on BLM land in Nye County, Nevada, USA o 100% Venari-owned and royalty-free Infrastructure o Project adjacent to Route 6, linking mining towns of Ely and Tonopah o High-voltage 525kV ‘One Nevada’ transmission line 20km to the ea
Slide 6: Mineral Resources & Exploration Upside
Mineral Resources & Exploration Upside rsonal use only Current Mineral Resources: o 3.03Mt contained Lithium Carbonate Equivalent (LCE, pink on map) o 2.67Mt contained Strontium Carbonate Equiv. and 12Mt Magnesium Exploration Target: o 10.7-18.6Mt contained LCE (Green on map) o Less than 25% of pros
Slide 7: Strategic By-Product Upside
Strategic By-Product Upside rsonal use only Strontium: a Dept of War Differentiator o Red Mountain the only MRE in the US (or Canada) containing Strontium o US Department of War Strategic Material with no known substitute o The US is 100% import-dependent3 o Primary use in pyrotechnics (flares, trac
Slide 8: Processing Sedimentary Lithium: Simplified Processing Optionality
Processing Sedimentary Lithium: Simplified Processing Optionality rsonal use only Mining raw material Already demonstrated: o 99.5% Battery-Grade lithium carbonate from sulfuric acid leach o Hydrochloric acid liberates 93%+ of Li, Sr and Mg into leach o Beneficiation increases lithium grade and redu
Slide 9: US Exceptionalism in Critical Minerals
US Exceptionalism in Critical Minerals rsonal use only US Govt. Direct Equity Investments o MP Materials – rare earths, California, 15% stake o Lithium Americas – lithium, Nevada, 5% stakes in Company and JV Grant Funding Opportunities o Department of Energy (DoE) grants for critical minerals (e.g.
Slide 10: Clear De-risking Upside
Clear De-risking Upside rsonal use only o Venari currently trades at ~A$5/t LCE in Mineral Resources EV per tonne of LCE in Mineral Resources (A$/t) o Advanced US projects demonstrate upside for VMS in de-risking o Surge Battery Metals $18/t LCE at Scoping/PEA level Jindalee o American Battery Techn
Slide 11: Development Pathway & Catalysts
Development Pathway & Catalysts rsonal use only Work Program Nov Dec Jan ‘27 Feb Mar Infill Drilling Drill Assays Met test-work MRE Upgrade Scoping Study Infill drilling Mineral Resource Estimate Category Upgrade o Targeted infill drilling of high-grade northern part of the Red Mountain o Upgrade hi
Slide 12: An Investment in Venari
An Investment in Venari rsonal use only Low-cost, high-optionality call on a high-grade US critical and strategic metals project Value to be created through de-risking catalysts with a long runway before FID Near-term de-risking capitalised with recent $6.1m raise o Drilling and met tests underway,
Slide 13: Contact
rsonal use only Contact: Tony Leibowitz Nicholas Read Executive Chairman Media & Investor Relations +61 (0)419 929 046 tleibowitz@venariminerals.com nicholas@readcorporate.com.au venariminerals.com
Slide 14: Disclaimer & Forward-Looking Statement
Disclaimer & Forward-Looking Statement Important Notice & Disclaimer The purpose of this presentation is to provide background information to assist readers in obtaining a general understanding of Venari Minerals NL (‘Venari’ or ‘the Company’) and its objectives. Readers should make their own indepe
Slide 15: JORC CP Statements
JORC CP Statements The Revised Exploration Target included this release was originally announced on 18 February 2026 and has been Competent Persons Statements wholly based on previously announced exploration results for the Red Mountain Project. The ASX releases for these results, including the rele
Slide 16: Appendix 1: US Sedimentary Lithium Projects
rsonal use only Appendix 1: US Sedimentary Lithium Projects Disclaimer: With respect to the historical estimates and/or foreign estimates of mineralisation of the peer projects disclosed in table above, VMS cautions that: • Foreign estimates are not necessarily equivalent to to JORC MRE categories a
Slide 17: Appendix 1 Cont'd: US Sedimentary Lithium Projects source reports
Appendix 1: Cont’d US Sedimentary Lithium Projects – source reports rsonal use only 16
Slide 18: Appendix: Exploration-Phase ASX Lithium MREs
Appendix 3 Exploration-Phase ASX Lithium MREs rsonal use only 25 $37.87m 20 Lithium in Mineral Resources (LCE, Mt) 15 $60.33m 10 Red Mountain Lithium Project $33.29m $585.72m 5 $14.45m $20.17m $327.86m $241.5m $256.48m $19.39m $63.08m $107.96m $23.62m $3.54m $16.85m $17.01m $46.88m 0 Jindalee Lake E
Slide 19: Appendix continued: Exploration-Phase ASX Lithium MREs
Appendix 3 continued Exploration-Phase ASX Lithium MREs rsonal use only Mineral Resource Estimates LCE in Mineral Resources (Mt) Company Ticker Type Measured Indicated Inferred Meas. Ind. Inf. Total Jindalee Lithium JLL Sed. 1470Mt @ 1420ppm Li 1540Mt @ 1270ppm Li 11 10 21.5 Lake Resources LKE Brine