Midas Minerals Limited · ASX:MM1
Midas Minerals — Resource Rising Stars December 2025
18 slides from Midas Minerals's conference presentation, Dec 2, 2025
Slide 1: Resource Rising Stars Presentation
For personal use only Resource Rising Stars Presentation December 2025 ASX: MM1
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer This presentation is dated 2 December 2025 and has been prepared by Midas Minerals Limited (ACN 625 128 770) (Midas or Company) and its related entities and is not an offer document. It does not purport to contain all the information that a prospective investor may r
Slide 3: Otavi Copper-Gold-Silver Project – A Transformational Acquisition
Otavi Copper-Gold-Silver Project – A Transformational Acquisition For personal use only The Opportunity The Asset The Team Exceptional exploration upside Located in Namibia, a tier 1 African Board and management have Mining jurisdiction exceptional discovery and production Shallow, high-grad
Slide 4: Corporate Summary
Corporate Summary Tightly-held share register backed by successful corporate, exploration and mining teams $0.39 For personal use only $79M Capital Structure Current Share Price2 Market Cap3 Shares on issue2 203.5M Performance Rights2 8.1M $0 $15.3M Options 3.0M Debt Cash Position4 $0.50 $0.45 Share
Slide 5: Board & Corporate Consultants
Board & Corporate Consultants Extensive experience in the resources sector with a proven track record For personal use only Sara Kelly Mark Calderwood Mick Wilson Michael Bohm Michael Naylor Non-Executive Chair Managing Director Non-Executive Director Non-Executive Director Corporate Consultant Ms K
Slide 6: Team
Team Skilled technical team - on the ground Midas has an experienced technical team of For personal use only geologists, technicians and support staff. Midas also relies on expert consulting geologists, geophysicists and metallurgist all with Namibian experience. Midas will continue to grow th
Slide 7: Namibia - Premier Mining & Exploration Jurisdiction
Namibia - Premier Mining & Exploration Jurisdiction For personal use only Namibia Fiscal Settings & Infrastructure Namibia is ranked 4th on Investment Attractiveness Index – Africa (Fraser Institute 2024), thanks to its: Stable democracy, supportive of mining Transparent system of mineral and su
Slide 8: Project – Exploration Model
Otavi Project – Exploration Model Deposits within the Otavi and South Otavi Project are located mostly within lower units of the Otavi Fold Belt stratigraphy, For personal use only Sediment-hosted, structurally-controlled settings including: meta-glacial till hosted copper-silver mineralisation me
Slide 9: Project – Initial Drill Targets
Otavi Project – Initial Drill Targets For personal use only Cu, Ag Cu, Au, Ag T-13 Deposit MIDAS MINERALS ASX: MM1 | 9
Slide 10: Project - Copper, Silver, Gold
Otavi Project - Copper, Silver, Gold Acquiring 100% of 1,776km2 project Located in Otavi Fold Belt of Namibia near world-class Tsumeb (Ongopolo) mine5 and smelter For personal use only Multiple mines and smelter within 100km of Otavi Excellent access to water, power, and workforce More than A$20M
Slide 11: Project - Copper, Silver, Gold T-13 cross section
Otavi Project - Copper, Silver, Gold T-13 cross section What’s defined so far Significant high-grade discoveries at T13 and Deblin For personal use only T13, 2km strike - Walk up high-grade discovery, remains open: • 17.2m @ 7.24% Cu & 144.4g/t Ag from 125.8m; • 11m @ 5.18% Cu & 133.7g/t Ag from 1
Slide 12: Project - Copper, Silver, Gold
Otavi Project - Copper, Silver, Gold What’s defined so far Deblin, 2km strike – Recent wide high-grade intercepts, Numerous other drill targets: For personal use only remains open: Harteespoort: 4km strike - Incl. 11.2m @ 3.11% Cu, 28.4g/t Ag & 0.54g/t Au • 15m @ 4.15% Cu, 14.6g/t Ag, 0.22g/t Au
Slide 13: Project - Copper, Silver, Gold: Exploration Strategy
Otavi Project - Copper, Silver, Gold Photos: 1 Open pit Otjikoto; 2 Otavi town; 3 Otjikoto solar farm; 4 Tsumeb smelter; 5 Otjikoto underground; 6 Kombat head frame; 7 Tsumeb head frame. Exploration Strategy 1 2 Existing significant modern database to work with including 56km of drill core, For pers
Slide 14: South Otavi Project - Copper, Gold
South Otavi Project - Copper, Gold 195km2 close to Otavi Project, Option to acquire 80% Located 25km north of 3Moz Otjikoto gold mine and 25km west of For personal use only Midas’ Deblin copper, gold, silver deposit Historic exploration7 in 1960s and 1990s identified: Anomalous gold and pathfinder
Slide 15: Latest news and Anticipated Timeline
Latest news Anticipated Timeline Commence Drilling commenced on Otavi exploration & resource drilling Ramp up drilling For personal use only 1st Pass drilling on South Otavi completed, results Otavi – 3rigs multiple targets pending Initial MRE T-13 Field work (soil sampling, mapping) continuin
Slide 16: Key Messages
Key Messages For personal use only Exceptional Project Early Discoveries High Demand Metals Team Track Record Large project Numerous walk-up drill Copper, silver, gold Large discoveries & targets development Widespread mineralisation Mineralisation high- experience, incl. Africa 1st MR
Slide 17: End Notes & References
End Notes & References Note 1: (Page 3, 8, 10, 11, 12) Refer MM1’s ASX release dated 16 May 2025. Note 2: (Page 4) As at 28 November 2025. For personal use only Note 3: (Page 4) Based on share price of 39c. Note 4: (Page 4) As at 30 September 2025. Note 5: (Page 7, 9, 10) The Otavi Mountain Land in
Slide 18: Contact Us
For personal use only CONTACT US Non-Executive Chair – Sara Kelly Managing Director – Mark Calderwood Level 2, 8 Richardson St West Perth, WA 6005 T: +61 8 6383 6595 E: info@midasminerals.com W: www.midasminerals.com INVESTOR RELATIONS NWR Communications Nathan Ryan M: +61 420 582 887 E: nathan.ryan