Neometals Ltd · ASX:NMT
Neometals — RIU Explorers Conference 2026
26 slides from Neometals's conference presentation, Feb 19, 2026
Slide 1: Barrambie: The Path to Gold Production
Barrambie For personal use only The Path to Gold Production RIU Presentation | 19 February 2026 ASX: NMT | OTCQX: NMTAY | DEU: 9R9 ASX: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer This presentation has been prepared and issued by Neometals Ltd (Neometals, or the Company) to provide summary information is reliable, no representation or warranty is made as to the accuracy, completeness or reliability of any third- information about the Company,
Slide 3: Important Notices and Disclaimer (continued)
Important Notices and Disclaimer (continued) Competent Person Statement 10. 27 November 2025, titled “Exploration Update – First Gold Assays for Barrambie Ranges Drilling”; 11. 11 December 2025, titled “Neometals Secures Development Partner for Ironclad Project”; The information in this presentation
Slide 4: Developing Gold and Lithium is in our DNA
Developing Gold and Lithium is in our DNA For personal use only Comet Vale (2002-2009) Au Meekatharra (2011-2013) Au Barrambie (2024+ ) Au Mt Marion (2015-2018) Li ASX: NMT | OTCQX: NMTAY | DEU: 9R9 ASX: NMT | OTCQX: NMTAY | DEU: 9R9 4 neometals.com.au neometals.com.au
Slide 5: Barrambie Gold Project
For personal use only Barrambie Gold Barrambie Gold Project 100% Neometals ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au
Slide 6: Barrambie Gold Project
Barrambie Gold Project Low-risk cashflow, Self-fund growth Camp Scale Opportunity For personal use only in Prolific Goldfield Multiple Processing US$ Options and Devaluation Transport STRONG Infrastructure BASE TO BUILD A GOLD BUSINESS Drill Elevated Define Inflation Risk Develop Repeat Global Geopo
Slide 7: Barrambie Flyover
Barrambie Flyover For personal use only ASX: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au https://www.neometals.com.au/wp-content/uploads/2025/10/Media1.mp4
Slide 8: Strategy – Self Fund Exploration
Strategy – Self Fund Exploration • Camp-scale: 310sqkm exploration tenure over 40km X 8km Barrambie Greenstone Belt1 located in the prolific Murchison Gold Belt, Western Australia; • Historic Mining Centre: 15.3k ounces @ 29.4g/t Au production from Barrambie Ranges and 3.9k ounces @ 22.9g/t Au at Fo
Slide 9: Ironclad Deposit
Ironclad Deposit • Ironclad Gold Deposit currently hosts an Inferred Mineral Resource5 of ~250,000t @ 1.6 g/t Au, containing approximately 13,000 ounces, above a 0.5 g/t cut-off; • Mining lease application lodged (MLA 57/674) and Native Title process commenced; • Updated Mineral Resource Estimate ex
Slide 10: Ironclad Deposit
Ironclad Deposit For personal use only Ironclad deposit plan view showing local geology and Ironclad deposit long-section view showing recent 12 & historic 1,2,3,7 drill results and interpreted recent infill RC drill results12 (See slide 3 for footnote references) plunge of gold mineralisation (See
Slide 11: Production JV Model
Production JV Model • LOI with experienced mining contractor BML Ventures Pty Ltd (BMLV) to negotiate production arrangements for proposed open-cut mining11; For personal use only • Contemplates BMLV funding and managing mining and haulage operations, toll-milling and a 50:50 profit sharing (after c
Slide 12: Indicative Plan
Indicative Plan For personal use only ASX: NMT | OTCQX: NMTAY | DEU: 9R9 12 neometals.com.au
Slide 13: Resource Extension – Ironclad North
# 2 Resource Extension – Ironclad North Investigate extensions to high grade mineralisation along strike and plunge to the north (eg 25ICRC013)12 For personal use only Long-section view of Ironclad & Mystery showing historic workings, MRE5 open pit, recent 12 & historic 1,2,3,7 drill Ironclad deposi
Slide 14: Resource Potential – Barrambie Ranges Corridor
# 2 Resource Potential – Barrambie Ranges Corridor For personal use only Barrambie Ranges plan view showing local geology and Barrambie Ranges longsection view showing historic workings, recent 13 & historic 1,2, drill results and interpreted plunge of recent infill RC drill results12 (See slide 3 f
Slide 15: Barrambie Gold Project Pipeline
Barrambie Gold Project Pipeline Exploration Target between 8Mt at 1.3g/t Au and 10.5Mt at 2.3g/t Au for an implied 335,000 – 775,000 oz Au1, 2 CAUTIONARY STATEMENT – EXPLORATION TARGET The Competent Person cautions that the potential quantity and grade of the Exploration Target are conceptual in nat
Slide 16: Historic Rinaldi Workings
Historic Rinaldi Workings14 • Active: 1944 and 1956 to 1961; • Pit dimensions: 18m strike x 5m width x 8m depth; • Underground: 13m strike down to 30m depth. Cu Metal Mineralogy Type Ore Tonnes Grade Cu Tonnes For personal use only Copper Ore 111.67 16.62% 18.56 bornite, chrysocolla Copper Oxide 129
Slide 17: Rinaldi Copper
Rinaldi Copper Sample Location Coordinates (MGA94_50, handheld GPS) Sample Sample ID Easting Northing Cu% Au g/t Ag g/t Comment Type 25BRK34 GRAB 715815 6953784 0.6 0.11 0.5 Weathered, chloritic alteration dolerite, trace quartz & pyrite 25BRK35 GRAB 715813 6953783 0.0 8.79 0.9 Weathered coarse grai
Slide 18: Vanadium Recovery
For personal use only Vanadium Recovery Vanadium Recovery Process Technology 100% Neometals Vanadium Recovery Project 1 - Finland 86.1% Neometals 11.7% Critical Metals Ltd 2.2% EIT Raw Materials GmbH ASX: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au
Slide 19: Strong Fundamentals
Strong Fundamentals Vanadium Demand by Sector 600 100 % Consumption by Batteries (%) 450 75 % • Vanadium Flow Battery (“VFB”) forecast driver of vanadium Tonnes (V) Thousands demand growth (refer RHS charts): 300 50 % Projected >300% increase in demand by 2040; Estimated ~75% VFB market share by
Slide 20: EU's first domestic V production in project financing stage
EU’s first domestic V production in project financing stage NMT owns 86.1*1% of Novana Oy, developer of Vanadium Recovery Project – environmental approval and land lease Location: Tahkoluoto Port, City of Pori, Finland Capital cost: ~314M USD 2 SSAB For personal use only Luleå Operating cost: US$4
Slide 21: Strong Management and Advisory Team to Deliver
Strong Management and Advisory Team to Deliver EIT Raw Materials 2.2%1,2,3,6 equity + option to move to 19.9%1 – approved for EIB debt finance. €48.7M4 Business Finland Grant Johanna Lamminen Darren Townsend Advisors CEO COO Equity advisors Legal Advisor For personal use only Indicative Project Cost
Slide 22: Summary
For personal use only Summary ASX: NMT | OTCQX: NMTAY | DEU: 9R9 22 neometals.com.au
Slide 23: Corporate Dashboard
Corporate Dashboard ASX: NMT OTCQX: NMTAY RELATIVE PRICE PERFORMANCE Shares on Issue (1) m 770.5 Share Price A$ 0.06 250 30 Market Capitalisation A$m 46.2 25 Cash (31-Dec-25) (2) A$m 6.4 Share Sales (m) 200 Price Index Debt (31-Dec-25) (2) A$m – For personal use only 20 AR & Investments (31-Dec-25)
Slide 24: Strong Team and Culture
Strong Team and Culture Board Steven Cole Chris Reed Les Guthrie Greg Evans Jennifer Purdie Independent Managing Director/CEO Independent Independent Non-Executive Director Chairman Non-Executive Director Non-Executive Director For personal use only 40+ years in legal consultancy, 20+ years leadersh
Slide 25: Exposure to Gold and Critical Metals – Multiple Shots on Goal
Exposure to Gold and Critical Metals – Multiple Shots on Goal Commodity Diversification – Balanced exposure to gold (cashflow stability) + lithium/vanadium (growth) materially reduces single-commodity cyclicality. For personal use only Business Model Diversification – Capital-light mix of near-term
Slide 26: Neometals Ltd
For personal use only Neometals Ltd neometals.com.au ASX: NMT | OTCQX: NMTAY | DEU: 9R9 ASX: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au