Reward Minerals Ltd · ASX:RWD

Reward Minerals — Investor Presentation (April 2026)

19 slides from Reward Minerals's investor presentation, Apr 7, 2026

  1. Slide 1: Targeting Gold & Copper Discoveries in Newfoundland

    HIGH GRADE GOLD Historic samples up to 24g/t Gold HIGH GRADE COPPER New samples up to 29% Copper UNDEREXPLORED TARGETING GOLD & No drilling & limited modern exploration COPPER DISCOVERIES IN NEWFOUNDLAND NEWFOUNDLAND Highly mining friendly province FIRST MOVER Overlooked areas, high discovery potent

  2. Slide 2: Forward Looking Statements and Disclaimer

    FORWARD LOOKING STATEMENTS AND DISCLAIMER ASX Code: RWD This document includes forward-looking statements. When used in this Recipients should consider seeking appropriate professional advice in document, the words such as “could”, “plan”, “estimate”, “expect”, “intend”, reviewing the Presentation a

  3. Slide 3: Investment Highlights

    INVESTMENT HIGHLIGHTS ASX Code: RWD GOLD & COPPER PROJECTS – NEWFOUNDLAND ISLAND, CANADA ▪ Exceptional discovery potential within under-explored geological settings of the prolific Dunnage Zone Volcanics host to one of the world’s premier VMS provinces, hosting 40+ deposits with >112 million tonnes

  4. Slide 4: Mountain Pond Gold Project

    MOUNTAIN POND GOLD PROJECT ASX Code: RWD ▪ ~10km2 landholding covering approximately 5 km strike of the highly prospective Sullivan Pond Fault corridor ▪ Prospective for gold & base metals Pine Cove Processing Facilities ▪ Located just 7 km from the major service town of Springdale, with (New Found

  5. Slide 5: Mountain Pond Gold Project

    MOUNTAIN POND GOLD PROJECT ASX Code: RWD ▪ First-time consolidation of ground along the highly prospective Sullivan Pond Fault in over 15 years ▪ Majority of historic exploration focused on ~1.5 km strike length west of the Jackpot Prospect, leaving large areas underexplored ▪ Highly anomalous soil

  6. Slide 6: Mountain Pond Gold Project – Jackpot Prospect

    MOUNTAIN POND GOLD PROJECT ASX Code: RWD JACKPOT PROSPECT Gold bearing 3-5m wide quartz vein within 8m wide shear zone Rock chips include1; 3-5m wide ▪ 23.77g/t Au mineralised quartz vein ▪ 16.78g/t Au, 0.13% Cu ▪ 14.13g/t Au ▪ 13.6g/t Au ▪ 7.85g/t Au, 0.23% Cu ▪ 6.71g/t Au, 0.20% Cu ▪ 4.59g/t Au, 0

  7. Slide 7: Mountain Pond Gold Project

    MOUNTAIN POND GOLD PROJECT ASX Code: RWD ▪ Soil sampling to date covers ~1.2 km of the ~1.8 km grid originally used for the 2011 ground geophysics program ▪ Gold and copper-in-soil assays clearly delineate the outcropping Jackpot Au– Cu vein, with copper showing a notably broader dispersion halo Dem

  8. Slide 8: Mountain Pond Gold Project

    MOUNTAIN POND GOLD PROJECT ASX Code: RWD ▪ Zinc and arsenic-in-soil assays also picked up the Jackpot outcropping Au- Cu vein location ▪ Arsenic dispersion is similar to copper while zinc is more widespread however maintains a broadly linear shape along the Sullivan Pond Fault Demagnetised Demagneti

  9. Slide 9: Mountain Pond Gold Project

    MOUNTAIN POND GOLD PROJECT ASX Code: RWD ▪ Cobalt anomalism is discrete at the Jackpot Prospect, although interpretation is complicated by broad dispersion patterns ▪ The Jackpot vein lies on the margin of a demagnetised zone, indicating potential strike and/or depth extensions Demagnetised Demagnet

  10. Slide 10: Copper Lance Copper Project

    COPPER LANCE COPPER PROJECT ASX Code: RWD ▪ Large, district-scale landholding comprising ~70 km² with approximately 20 km of prospective strike length ▪ Highly prospective VMS geology, targeting copper, gold, silver, zinc, lead and cobalt ▪ Excellent access and infrastructure: ▪ Adjacent to the town

  11. Slide 11: Volcanogenic Massive Sulphide (VMS) Deposits

    VOLCANOGENIC MASSIVE SULPHIDE (VMS) DEPOSITS ASX Code: RWD Deposit Classification Type: Mafic to bimodal-mafic VMS (Cyprus/Noranda-type) Setting: Dunnage Zone volcanics (Cambro-Ordovician, ~470-450 Ma) Metal Signature: Cu-dominant (40% Cu surface grades) → High-temp core zone Regional Analogues: Min

  12. Slide 12: Copper Lance Project – Highly Prospective

    COPPER LANCE PROJECT – HIGHLY PROSPECTIVE ASX Code: RWD ▪ First pass field program in Nov/Dec 2025 confirmed very high-grade copper mineralisation in veins and defined several new high-priority prospects 1 ▪ Hinds Lake Spillway Prospect: ▪ Rock chips - 28.90%, 15.41%, 3.95% and 2.01% Cu confirmed hi

  13. Slide 13: Copper Lance Project – Priority Area

    COPPER LANCE PROJECT – PRIORITY AREA ASX Code: RWD ▪ 15 km² of mafic volcanic terrain with copper and gold anomalism identified from first-pass soil sampling ▪ ~8 km of strike (Hinds Brook North to Conical Hill) and ~4 km across strike to the east (to Triple Cone Prospect) remains untested (618 ppm

  14. Slide 14: Newfoundland Exploration Summary

    NEWFOUNDLAND EXPLORATION SUMMARY ASX Code: RWD ▪ Compelling targets for the discovery of gold and copper mineralisation at the Mountain Pond and Copper Lance Projects ▪ Newfoundland is a Tier 1 mining jurisdiction with favourable access and logistics at both projects ▪ Field programs are scheduled t

  15. Slide 15: Corporate Summary

    CORPORATE SUMMARY ASX Code: RWD Capital Structure Existing Share Register Shares on issue m 274.0 Share price A$ 0.045 Other shareholders Board & Management Unlisted Options on issue ($0.12 - $0.20 – 4 m 29.4 Sep 2026) 28.1 41.0 Market capitalisation A$m 10.7 Cash (End December 2025) A$m 0.9 1 Debt

  16. Slide 16: Board and Management

    BOARD AND MANAGEMENT ASX Code: RWD Board and Management team are ideally placed to advance its exploration projects and realise value from Beyondie, with extensive experience in the minerals, potash and salt industries Colin McCavana Dr. Michael Ruane Rod Della Vedova Lorry Hughes Warren Hinchliffe

  17. Slide 17: Western Australian Au, Cu & Potash Projects

    Appendix WESTERN AUSTRALIAN AU, CU & POTASH PROJECTS ASX Code: RWD GOLD & COPPER PROJECTS • Portfolio of exploration licence applications ▪ Prospective portfolio of gold and copper projects – White Flag, Pennys Find, Rocky highly prospective for gold and copper Dam and North Bore exploration licence

  18. Slide 18: Compliance Section

    COMPLIANCE SECTION ASX Code: RWD Competent Person Statement About Reward The information in this presentation that relates to exploration results or Reward is an ASX-listed advanced-stage sulphate of potash technology and prospectivity is based on information compiled by Mr Lorry Hughes who is a dev

  19. Slide 19: Thank you

    ASX: RWD Thank you Contacts Executive Director CEO Head Office Dr. Michael Ruane Lorry Hughes 159 Stirling Highway PhD (Chemistry) MRACI BSc. (Geology) FAusIMM Nedlands WA 6009 Email: michael.ruane@rewardminerals.com Email: lorry.hughes@rewardminerals.com Postal Address Phone: +61 8 9386 4699 Phone:

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