Empire Resources Limited · ASX:ERL
Empire Resources — Shareholder Meeting (November 2025)
18 slides from Empire Resources's shareholder meeting presentation, Nov 27, 2025
Slide 1: Annual General Meeting Presentation
Annual General Meeting Presentation 27 November 2025 EMPIRE RESOURCES LIMITED ASX: ERL www.resourcesempire.com.au
Slide 2: Disclaimer
Disclaimer This presentation is for information purposes only. This presentation has been prepared by Empire Resources Limited (“Empire” or the “Company”) and contains general background information about Empire’s activities as at the date of this presentation (“Information”). It is Information in a
Slide 3: Investor Dashboard
Investor Dashboard Capital Structure (current, unaudited) Board & Management Share Price $ 0.007 Michael Ruane Non-Executive Chairman FPO Shares Outstanding m 1484 Colin McCavana Non-Executive Director Unlisted Options1 m 7.5 Jeremy Atkinson Non-Executive Director Cash and Funding Facility $m 2.352
Slide 4: CY 2025 Highlights
CY 2025 Highlights EXPLORATION • Aggressive RC and AC drill campaigns totalling 6218m were completed at Yuinmery during 2025. • YT01, YT12, YT19, Marcus prospects were steadily progressed with drilling finding new Cu-Au mineralisation along strike. YT01 and YT19 now stand at over 900m and 300m strik
Slide 5: Work Summary
Work Summary Drilling 15 AC Holes for 1236m at YT01, Magnetic Hill, YT19, YT14 and YT12 during January 2025 25 RC holes for 3154m at YT01, YT12, YT19, Magnetic Hill, Marcus, Main Rd during March and June 2025 42 AC holes for 1828m at Just Desserts, YT01, Marcus, Magnetic Hill, Lorne, Hillside during
Slide 6: Just Desserts Highlights
Just Desserts Highlights The Just Desserts VMS mineralisation is hosted by exhalative iron- rich gossans and cherty sediments and can be traced for 400m. Previous to September 2025, there had been no drilling at Just Desserts since 2011. The MRE stands at 2.52mT @ 1.31%Cu & 0.49g/t Au. 2025 Drilling
Slide 7: YT01 Highlights
YT01 Highlights YT01 comprises shear hosted mineralisation within felsic volcanics and spans +1200m with variable, but broad widths (up to 30m thickness) of low-grade Cu-Au that may be amenable to open pit mining and heap leach extraction. 2025 Drilling Highlights YAC25 -41 19m @ 0.43% Cu & 0.095g/t
Slide 8: YT19 Highlights
YT19 Highlights YT19 is located 1.6km NW of YT01 and tentatively is along strike. YT19 has similarities to YT01 and comprises shear hosted mineralisation within felsic volcanics and spans +300m with broad widths (up to 40m thickness) of low-grade Cu-Au. 2025 Drilling and Work Highlights YRC25-13 28m
Slide 9: Marcus Area Highlights
Marcus Area Highlights Marcus-Augustus-Magnetic Hill is a complex area dominated by mafic and ultramafic intrusives. Outcropping north-south trending gossans at Marcus have anomalous copper at shallow depths and can be traced for over 160m. The gossan zone has yet to be drill tested at depth. 2025 D
Slide 10: YT12 Highlights
YT12 Highlights YT12 is an early-stage prospect having already recorded multiple intercepts of steeply dipping, anomalous Cu-Au mineralisation. 2025 Drilling and Other Highlights YRC25-06 4m @ 2,597ppm Cu & 0.003g/t Au from 16m YAC25 -15 6m @ 8,821ppm Cu & 0.26g/t Au from 82m New field mapping has i
Slide 11: Hillside Highlights
Hillside Highlights A desktop and field assessment confirmed the prospectivity of the Yuinmery as a standalone gold project. Previous exploration over the last 30 years has identified multiple prospects but most of these have not effectively been followed up since. This creates a new opportunity. 20
Slide 12: Pennys Highlights
Pennys Highlights Empire tenements partially surround Horizon Minerals Pennys Find underground resource of 0.43Mt @ 4.57g/t Au for 63,000oz Au with potential strike extensions of the shear zone extending northwards into Empires tenements. The tenements contain several early-stage exploration prospec
Slide 13: Royalties
Royalties The Pennys Find royalty comes from future production at the high-grade Pennys Find gold mine 45km northeast of Kalgoorlie. Horizon Minerals Ltd (ASX:HRZ) is the mine owner/operator. The deposit contains an underground resource of 429,000t @ 4.57g/t Au for 63,000oz Au at a 1.5g/t Au cutoff1
Slide 14: Indicative and upcoming activities 2025-2026
Indicative and upcoming activities 2025-2026 The focus is on exploration, resource growth and progressing Yuinmery towards a scoping study. 2025 Results of 900m RC drilling at Pennys Find (Au) Sighter metallurgical test work on Just Desserts drill samples 2026 Campaign AC (7500m) and RC (12,50
Slide 15: 159 Stirling Highway Nedlands, WA 6009 PO Box 1104
159 Stirling Highway Nedlands, WA 6009 PO Box 1104 Nedlands, WA 6909 P: +61 (0)8 6389 1032 info@resourcesempire.com.au www.resourcesempire.com.au ASX:ERL EMPIRE RESOURCES LIMITED ASX: ERL www.resourcesempire.com.au 15
Slide 16: Appendix I – Yuinmery Resource Summary
Appendix I – Yuinmery Resource Summary Deposit Weathering Indicated Inferred Total Tonnes Cu% Au g/t Ag g/t Tonnes Cu% Au g/t Ag g/t Zn% Tonnes Cu% Au g/t Ag g/t Zn% Just Desserts Partial 97,000 1.05 0.30 0.98 65,000 1.43 0.18 2.21 163,000 1.2 0.25 1.47 Fresh 1,174,000 1.33 0.67 1.31 1,183,000 1.3 0
Slide 17: Appendix II – Competent Person Statements
Appendix II – Competent Person Statements The information in this presentation that relates to Exploration Results is based on information compiled and/or reviewed by Mr David O’Farrell who is a Member of the Australian Institute of Geoscientists. Mr O’Farrell is a consultant to Empire Resources and
Slide 18: Appendix III – Additional Information
Appendix III – Additional Information Further details relating to the information in this presentation can be found in the following ASX announcements: 1. ASX:ONX “Acquisition of High-Grade Penny’s Find Mine” 4 March 2019 2. ASX:ERL “Quarterly Report for the Period Ending 30 June 2018” 31 July 2018
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