Nexus Minerals Ltd. · ASX:NXM
Nexus Minerals — Shareholder Meeting (November 2025)
26 slides from Nexus Minerals's shareholder meeting presentation, Nov 12, 2025
Slide 1: Annual General Meeting
COMPANY PRESENTATION ANNUAL GENERAL MEETING 12 NOVEMBER 2025
Slide 2: Disclaimer
DISCLAIMER This document contains forward looking statements. Forward looking statements are not based on historical facts but are based on Nexus’s current expectations of future results or events. These forward looking statements are subject to risks, uncertainties and assumptions which could cause
Slide 3: Cautionary Statement – Scoping Study
CAUTIONARY STATEMENT – SCOPING STUDY The Scoping Study referred to in this presentation (slide 10) is based on the material assumptions outlined in the announcement released to ASX on 4 June 2024. The Scoping Study has been undertaken to determine the viability of open pit mining and third-party tol
Slide 4: Nexus Minerals (ASX:NXM) Corporate Profile
CORPORATE PROFILE NEXUS MINERALS (ASX:NXM) COMPANY OVERVIEW NEXUS MINERALS LIMITED ASX: NXM SHARES 603.8M SHARE PRICE A$0.081 MARKET CAP A$49M CASH (30/09/2025) A$9.6M ENTERPRISE VALUE A$39.4M TOP 20 48% CHAIRMAN – MR. PAUL BOYATZIS MANAGING DIRECTOR – MR. ANDY TUDOR +35 years in equity markets & co
Slide 5: West Australian Gold Focus
COMPANY PROJECTS WEST AUSTRALIAN GOLD FOCUS WALLBROOK PROJECT Exploring for large scale gold deposits Displaying strong spatial continuity Presenting prime opportunity for development Growing gold mineral resource base PINNACLES PROJECT High-grade underground deposit Joint venture (JV) with Northern
Slide 6: Wallbrook Gold Project
LARGE SCALE GOLD DEPOSITS WALLBROOK GOLD PROJECT
Slide 7: Wallbrook Gold Project: Large Scale Gold Deposits
LARGE SCALE GOLD DEPOSITS WALLBROOK GOLD PROJECT 192KM2 140KM OF CONTIGIOUS NE OF KALGOORLIE TENEMENT PACKAGE BETWEEN NORTHERN STAR ~50KM STRIKE OF CAROSUE DAM AND PROSPECTIVE GEOLOGY PORPHYRY OPERATIONS GRANTED ML’S FAVOURABLE HOST MAIN PROSPECTIVE CORRIDORS INCLUDING GEOLOGY CRUSADER-TEMPLAR DEPOS
Slide 8: Crusader-Templar Prospect
WALLBROOK GOLD PROJECT CRUSADER-TEMPLAR PROSPECT COMBINED MINERAL RESOURCE ESTIMATE Indicated Inferred TOTAL Au Tonnes Au grade Au ounces Tonnes Au grade Au ounces Tonnes Au grade ounces (kt) (g/t) (koz) (kt) (g/t) (koz) (kt) (g/t) (koz) 2,460 1.8 140 3,210 1.6 164 5,670 1.7 304 Indicated material c
Slide 9: Crusader-Templar Prospect - MRE
WALLBROOK GOLD PROJECT CRUSADER-TEMPLAR PROSPECT - MRE 9
Slide 10: Crusader-Templar Scoping Study
WALLBROOK GOLD PROJECT CRUSADER-TEMPLAR SCOPING STUDY Utilising third-party processing plants toll treatment agreement $3,000 gold price used for study pit shell optimisations Using a gold price of $3,500 the Production Target mining inventory is: 1.5Mt at 1.75g/t producing 80koz gold The Production
Slide 11: Permitting Status for Crusader-Templar
WALLBROOK GOLD PROJECT PERMITTING STATUS FOR CRUSADER-TEMPLAR ITEM PURPOSE STATUS COMMENT TENEMENTS To conduct Exploration & Mining. Tenements in Good Standing Granted mining leases SMALL MINING PROPOSAL Allows for associated site-infrastructure on adjoining tenement (M31/188). Approved - August 2
Slide 12: Emerging Gold Camp
WALLBROOK GOLD PROJECT EMERGING GOLD CAMP Regional “Gold Camp” prospectivity 5 Mineralised Corridors identified to date – MC1 to MC5 ~90% of 192km2 tenement package yet to be explored 18 regional targets subject to first pass aircore drilling Multiple Discoveries – Branches / Payns / Amand / Clement
Slide 13: Branches Prospect
WALLBROOK GOLD PROJECT BRANCHES PROSPECT Mineralised corridor now 1.5km x 300m (remains open) Gold associated with: Quartz-Goethite veining Sericite-Rutile-Tourmaline-Albite alteration Hematite altered quartz porphyries RC drill results have included: 5m @ 17.91g/t Au (within 8m @ 11.37g/t Au) from
Slide 14: Payns Prospect: Regional RC/AC Success
WALLBROOK GOLD PROJECT PAYNS PROSPECT: REGIONAL RC/AC SUCCESS Assay results received from Nexus RC drill program incl: 5m @ 8.10 g/t Au including 1m @ 30.05 g/t Au from 39m 8m @ 4.19 g/t Au (within 15m @ 2.37 g/t Au) from 37m 6m @ 2.76 g/t Au (within 12m @ 1.46 g/t Au) from 28m 1m @13.81g/t Au (with
Slide 15: Payns Prospect: 900 x 750m Mineralised Zone
WALLBROOK GOLD PROJECT PAYNS PROSPECT: GOLD ASSOCIATED WITH QUARTZ & GOETHITE VEINING 900 x 750M SERICITE-RUTILE-TOURMALINE-ALBITE ALTERATION MINERALISED ZONE HEMATITE ALTERED PORPHYRY INTRUSIVES HIGH GRADE, NEAR SURFACE GOLD DISCOVERY = THE REGIONAL GOLD SIGNATURE 15
Slide 16: Clement Prospect: Regional RC/AC Success
WALLBROOK GOLD PROJECT CLEMENT PROSPECT: REGIONAL RC/AC SUCCESS Mineralisation intersected over 650m x 250m area Striking northwest – southeast 250m east of Crusader- Templar gold resource Located adjacent to NST operating Wallbrook Gold Mine Assay results received from Nexus RC drill program incl:
Slide 17: Amand Prospect: Regional RC/AC Success
WALLBROOK GOLD PROJECT AMAND PROSPECT: REGIONAL RC/AC SUCCESS Multiple mineralised lodes identified Large mineralised footprint of 1.7km x 600m - Scale potential Assay results received from recent Nexus RC drill program incl: 95m @ 0.97 g/t Au from 15m including • 2m @ 8.36 g/t Au (within 6m @ 3.26
Slide 18: Godfrey Prospect: Regional RC/AC Success
WALLBROOK GOLD PROJECT GODFREY PROSPECT: REGIONAL RC/AC SUCCESS Large mineralised system 1.2km x 100m Located 600m east of Crusader – Templar gold resource Multiple mapped hematite altered quartz porphyries Mineralisation extends to surface Assay results received from Nexus RC drill program incl: 4m
Slide 19: Emerging Scale Potential
WALLBROOK GOLD PROJECT EMERGING SCALE POTENTIAL Drilling at the Wallbrook Gold Project has identified significant parallel gold mineralised structures at: Crusader – Templar MRE (304koz) Clement Prospect Godfrey prospect MC3.3 (First pass aircore program recently completed) Alteration and mineralisa
Slide 20: Pinnacles: High-Grade Underground Deposit
High-Grade underground deposit NXM 90% : Northern Star (NST) 10% contributing JV JORC 2012 Combined MRE 609,000t @ 4.0g/t Au for 78,000oz (O/P+U/G) JORC 2012 U/G MRE 450,000t @ 4.6g/t Au for 66,000oz Au (U/G only) U/G Mine development options study underway The Joint Venture will sell the ore to Nor
Slide 21: Pinnacles JV Underground Study 80m – 280m
PINNACLES JV PINNACLES JV (WITH NST) Underground Study 80m – 280m Conceptual Design Only Next Steps – Prepare Mining Proposal and Closure Plan + Operational Permits 21
Slide 22: NSW Minerals Project: Over 7,500km2 of Prospective Tenure
Over 7,500km2 of prospective tenure First mover advantage allows for regional scale exploration targeting with one of the largest pegging exercises in NSW history Exploration for a range of minerals Gold - Copper - Lithium - Caesium - Tantalum - Tin Lithium-caesium-tantalum (LCT) pegmatites are asso
Slide 23: 7,500km2 "Mega Peg"
NSW MINERALS PROJECT 7,500KM2 “MEGA PEG” A review of open file geology and whole-rock geochemistry confirmed that much of the exploration ground granted in southern NSW is underlain by reduced, fractionated, peraluminous S-type granites Southern Geoscience Consultants have completed the interpretati
Slide 24: Summary
PROJECTS SUMMARY WALLBROOK GOLD PROJECT PINNACLES U/G GOLD PROJECT NSW MINERALS PROJECT HIGHLY PROSPECTIVE & STRATEGIC HIGH GRADE GOLD ~7,500KM2 GRANTED TENURE LANDHOLDING OPPORTUNITY First mover advantage regional Crusader-Templar Prospect - 300k+ resource 78koz resource @ 4.0g/t scale exploration
Slide 25: JORC Tables
APPENDIX 1 JORC TABLES CRUSADER-TEMPLAR PROSPECT COMBINED JORC 2012 MINERAL RESOURCE ESTIMATE (0.4G/T AU CUT-OFF) Indicated Inferred TOTAL Tonnes Au grade Au ounces Tonnes Au grade Au ounces Tonnes Au grade Au ounces (kt) (g/t) (koz) (kt) (g/t) (koz) (kt) (g/t) (koz) Pinnacles Project Combined JORC
Slide 26: Contact details
2/41-47 Colin Street West Perth WA 6005 P (08) 9481 1749