Power Minerals Limited · ASX:PNN

Power Minerals — Investor Presentation (October 2025)

26 slides from Power Minerals's investor presentation, Oct 13, 2025

  1. Slide 1: Heavy Rare Earths & Uranium USA + Gold Veins – Investor Presentation

    For personal use only Heavy Rare Earths & Uranium USA + Gold Veins – Old Workings Investor Presentation Project Gamma up to 2% TREO & 7.19% REE OCTOBER 2025 | ASX:PNN POTENTIAL HIGH GRADE MINERALISED CARBONATITE

  2. Slide 2: Disclaimer & Forward-Looking Statement

    Power Minerals Limited (ASX: PNN) Disclaimer & Forward-Looking Statement For personal use only This presentation been prepared by Power Minerals Limited (Company). This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sa

  3. Slide 3: Competent Persons Statement and Compliance Statement

    Power Minerals Limited (ASX: PNN) Competent Persons Statement and Compliance Statement For personal use only The exploration results referenced in this announcement relate to historical drilling and trenching completed before the introduction of the JORC Code (2012). While the Company considers the

  4. Slide 4: Project Gamma: USA Rare Earth – Uranium Significant Supply Potential

    Project Gamma USA Rare Earth – Uranium Significant Supply Potential For personal use only California Strategic Location Nevada • Same REE precinct as MP Materials’ Mountain Pass Mine • Located in mining supportive San Bernardino County, California, USA Colosseum Gold-REE Mine DTR.ASX; $1.6Bn mkt cap

  5. Slide 5: Project Gamma Investment Highlights

    Project Gamma Investment Highlights For personal use only Location Heavy REE Oxides High Grades Gold & Uranium Upside San Bernardino County, California Project hosts more valuable REE assays of 0.5-2% TREO Originally a gold/silver mine One of the most mining-friendly rare earth oxide (REO) and up to

  6. Slide 6: Project Gamma Overview: Strategic Location

    Project Gamma Overview Strategic Location For personal use only Proximity to Mountain Pass REE Mine • 195km by highway to MP Materials Corp’s (A$17.5 billion market cap) Mountain Pass Rare Earth mine • Mountain Pass is the only operating Rare Earth mine in North America • US Dept of War invested US$

  7. Slide 7: Established Mining-Friendly Jurisdiction

    Established Mining-Friendly Jurisdiction For personal use only San Bernardino County • San Bernardino is one of the most mining-friendly areas in California, with a relatively easier approval and permitting process than many other parts of the state. • Significant workforce base & established infras

  8. Slide 8: Mining Rush Returns to California

    Mining Rush Returns to California California is experiencing renewed mining interest due to high commodity prices and evolving federal policies. For personal use only Currently has 27,034 active mining claims California is renowned for its historical gold rushes, but it remains home to several large

  9. Slide 9: Uranium Upside - Underexplored & Open

    Uranium Upside - Underexplored & Open Uranium Project - Significant mineralisation For personal use only • Uranium mineralisation drilled (>4000m) 1960s-70s • Identified >0.1% U3O8; high-grade zone 1%-10% U3O8e. • Historic uranium drill intercept of 30.33m @ 0.37% U₃O₈e including 6.25m @ 1.30% U₃O₈e

  10. Slide 10: Favourable Geology

    Favourable Geology Target • Late-stage pegmatites & porphyritic dykes (Tertiary age) REEs in monazite For personal use only & xenotime Gold workings • Intrusion Related Setting • Potential high grade mineralized REE carbonatite Uranium Hill Rockchips • Soils Heavy Rare Earths - Rock, Soil Uranium Hi

  11. Slide 11: REE – Heavy & Light Mineralisation in Soils

    REE – Heavy & Light Mineralisation in Soils REE IN SOIL READING % REE High-grade Heavy & #67 7.19 For personal use only Light Rare Earths in soils #99 6.21 7.2% REE in Soil #70 5.93 • Results by pXRF indicate 0.5 - 7.2% REE in #69 5.04 soils from at least three locations over more #98 2.50 than 1500

  12. Slide 12: REE sampling results

    REE sampling results High-grade Heavy & Light Rare Earths detected For personal use only potentially carbonatite 7.2% REE in Soil • Results up to 2% TREO (Total Rare Earth Oxide) that are 50/50 light and heavy REEs in initial grab samples. • The Mountain Pass Mine is primarily light REEs and could u

  13. Slide 13: Next Steps at Gamma

    Next Steps at Gamma Detailed sampling for rare earths • Following the due diligence reconnaissance sampling currently underway, systematic mapping and sampling will immediately provide both the size For personal use only potential and high-grade nature of REE's during the current quarter. Expanded c

  14. Slide 14: President Trump Declares Critical Minerals a National Emergency

    President Trump Declares Critical Minerals a National Emergency For personal use only INVESTOR PRESENTATION | OCTOBER 2025 | ASX:PNN 14

  15. Slide 15: Strategic Rare Earth Minerals

    Strategic Rare Earth Minerals Urgent Need Exists to Secure a Domestic U.S. Rare For personal use only Earths Supply Chain. China dominates Rare Earth industry - minimal Western supply options. • China dominates the rare earths supply chain and is restricting Western access to resources1 • China’s ra

  16. Slide 16: Strategic Rare Earth Minerals: US Procurement Initiatives

    Strategic Rare Earth Minerals US Procurement Initiatives For personal use only The Pentagon has announced plans to procure up to $1bn worth of critical minerals as part of a global stockpiling initiative. This move is aimed at countering Chinese dominance in the supply of metals essential to defence

  17. Slide 17: Gamma Project – Heavy Rare Earths

    Gamma Project – Heavy Rare Earths For personal use only Heavy REE pXRF Readings shows results similar to soils and rock chips INVESTOR PRESENTATION | OCTOBER 2025 | ASX:PNN 17

  18. Slide 18: Gamma Project – Heavy Rare Earths

    Gamma Project – Heavy Rare Earths For personal use only Yttrium pXRF readings shows wider spread than total TREO INVESTOR PRESENTATION | OCTOBER 2025 | ASX:PNN 18

  19. Slide 19: Uranium Market Overview

    Uranium Market Overview For personal use only Uranium can be mined and concentrated, usually as the isotope uranium-235 in "yellow cake", which is then further enriched and used as fuel in nuclear power plants to generate electricity. The resurgence of nuclear power means the world is going to need

  20. Slide 20: Gamma Project – Uranium Hill

    Gamma Project – Uranium Hill Past drilling at Uranium Hill – Defined large exploration target For personal use only Exploration Target: Exploration potential estimate in the Alaskite (pegmatite) requires further drilling. Existing data is based on 1069m of RAB drilling, 2880m in 19 core holes & 15m

  21. Slide 21: Past Drilling revealed high-grade U3O8 at surface

    Gamma Project – Uranium Hill For personal use only Past Drilling revealed high-grade U3O8 AT SURFACE • In 1968, 44 RAB holes totaling 1069 metres of drilling revealed a near surface, high grade zone ranging from 1%-10%​ U3O8e. • Most drilling on the property was relatively shallow. Uranium occurs ma

  22. Slide 22: Gamma Project – Heavy Rare Earths: Uranium Hill

    Gamma Project – Heavy Rare Earths For personal use only Uranium Hill pXRF readings reinforce past drilling results INVESTOR PRESENTATION | OCTOBER 2025 | ASX:PNN 22

  23. Slide 23: Significant Gold – Silver Upside: Silver At All-Time High

    Gamma Project – Significant Gold – Silver Upside For personal use only Silver At An All-Time High Silver hit an ALL-TIME HIGH on Friday (10 October 2025) and closed the week above US$50/oz. The silver spot price is trading above US$50/oz for the first time ever... even going above $51/oz a couple of

  24. Slide 24: Gold-Silver Veins Identified

    Gamma Project – Significant Gold – Silver Upside Gold-Silver Veins Identified For personal use only Narrow Au-Ag • Old Workings – 1890s & 1950s veins may • One N-S discontinuous quartz vein over 350m long. indicate larger • Four E-W discontinuous veins over 90-200m long (Up to 20 veins) disseminated

  25. Slide 25: Board and Management

    Board and Management For personal use only Stephen Ross Mena Habib James Moses Caue (Paul) Araujo Steven Cooper Non-Executive Chairman Managing Director Non-Executive Director Non-Executive Director Senior Exploration Manager Stephen Ross is a geologist, Mena Habib is a mining executive James Moses

  26. Slide 26: Contact Us

    Contact Us For personal use only POWER MINERALS Mena Habib Kristin Rowe (ASX: PNN) Managing Director Investor Relations P +61 8 6385 2299 P +61 8 7099 7651 P +61 404 88 98 96 E admin@powerminerals.com.au E mena.habib@powerminerals.com.au E kristin@nwrcommunications.com.au W www.powerminerals.com.au

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