Resolution Minerals Ltd. · ASX:RML

Resolution Minerals — Investor Presentation (June 2025)

33 slides from Resolution Minerals's investor presentation, Jun 11, 2025

  1. Slide 1: Horse Heaven Project

    HORSE HEAVEN PROJECT Antimony, Gold, Silver & Tungsten TARGETING AMERICA’S CRITICAL MINERALS “NEXT TO THE LARGEST ANTIMONY SUPPLY NEEDS PROJECT IN NORTH AMERICA” RML.ASX

  2. Slide 2: Disclaimer

    DISCLAIMER This presentation been prepared by Resolution Minerals Limited (RML or Company). This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any securities in the Company. This presentation has been made ava

  3. Slide 3: Horse Heaven Antimony, Gold & Tungsten Project

    HORSE HEAVEN PROJECT / INTRODUCTION HORSE HEAVEN ANTIMONY, GOLD & TUNGSTEN PROJECT • Horse Heaven Antimony-Gold-Tungsten Project is well-situated in Valley County, Idaho USA, sharing its eastern boundary with Nasdaq-listed Antimony giant Perpetua Resources’ (~A$2 billion market cap) Stibnite Gold Pr

  4. Slide 4: Horse Heaven Project Was Historically Mined for Antimony, Gold & Tungsten

    HORSE HEAVEN PROJECT / INTRODUCTION HORSE HEAVEN PROJECT WAS HISTORICALLY MINED FOR ANTIMONY, GOLD & TUNGSTEN • Evidence of small-scale Gold mining is present at Golden Gate in the form of caved adits, trenches and prospect pits. • During World War I and the period from 1926 – 1927, several rail car

  5. Slide 5: Acquisition Terms

    BACKGROUND / TRANSACTION ACQUISITION TERMS Resolution Minerals Ltd has entered into a binding agreement to acquire the Horse INDICATIVE CAPITAL STRUCTURE Heaven Antimony-Gold-Tungsten Project. SHARES OPTIONS Acquisition Terms Current issued shares 538,286,855* In consideration for the acquisition, t

  6. Slide 6: Gold Price at Record High

    BACKGROUND / GOLD PRICE GOLD PRICE @ RECORD HIGH RECORD PRICE REACHED AUD$5,440 (APRIL 2025) RML.ASX

  7. Slide 7: Antimony Price at Record High

    BACKGROUND / ANTIMONY PRICE ANTIMONY PRICE @ RECORD HIGH RECORD PRICE REACHED US$60,100 (MAY2025) RML.ASX

  8. Slide 8: Antimony Is Indispensable

    BACKGROUND / WHYANTIMONY? ANTIMONY IS INDISPENSIBLE DEFENSE TECHNOLOGY CLEAN ENERGY • Ammunition & artillery primers • Circuit boards • Copper wiring insulation • Night vision goggles • Semi-conductors • Lead-acid batteries • Military clothing • Electrical switches • Liquid-metal batteries • Infrare

  9. Slide 9: Antimony: Fire & Flame Retardant

    BACKGROUND / WHYANTIMONY? Antimony trioxide is a key additive in flame retardants. The rising trend of extreme ANTIMONY: FIRE & FLAME RETARDANT weather & global bushfire crises underpins continued Antimony demand. RML.ASX

  10. Slide 10: Antimony: Critical to National Security

    BACKGROUND / WHYANTIMONY? ANTIMONY: CRITICAL TO NATIONAL SECURITY Antimony Trisulfide (aka Stibnite): Derived from a high purity form of the critical mineral Antimony, Antimony trisulfide (stibnite) is an essential component in hundreds of munition types, including primers for small and medium calib

  11. Slide 11: Antimony: Critical to National Security

    BACKGROUND / WHYANTIMONY? ANTIMONY: CRITICAL TO NATIONAL SECURITY Critical Supply Crunch • Antimony is key to achieving a more secure and sustainable future. • While essential to USA’s national security and economic vitality, there are no domestically mined sources of Antimony, and China, Russia and

  12. Slide 12: Antimony: Trump Expedites Domestic Antimony Supply

    BACKGROUND / FAVOURABLE POLICY ANTIMONY: TRUMP EXPEDITES DOMESTIC ANTIMONY SUPPLY • US Government has classified Antimony as a critical metal essential to national security. • US President Trump has issued executive orders to expedite USA’s production of critical metals, including declaring critical

  13. Slide 13: US Critical Mineral Policy – Strong Tailwinds

    BACKGROUND / FAVOURABLE POLICY US CRITICAL MINERAL POLICY – STRONG TAILWINDS Policy Support Billions in grants offset tariff-driven costs, boosting Horse Heaven’s domestic edge. U.S. legislation (e.g., DoD & DoE grants) funnels funds into critical mineral projects, enhancing our tariff-exempt, local

  14. Slide 14: Tungsten: A Critical Mineral in Short Supply

    BACKGROUND / WHY TUNGSTEN? • Tank Armor TUNGSTEN: A CRITICAL MINERAL IN SHORT SUPPLY Defense • Armor-Piercing Artillery Applications • Rifle Ammunition • Hypersonic Weapons • Tungsten is a classified critical metal by various U.S. government bodies due to its strategic military importance and essent

  15. Slide 15: Tungsten: The War Metal

    BACKGROUND / WHY TUNGSTEN? TUNGSTEN: THE WAR METAL RML.ASX

  16. Slide 16: Horse Heaven Project – Surrounded by Success

    HORSE HEAVEN PROJECT / OVERVIEW HORSE HEAVEN PROJECT Surrounded By Success • Horse Heaven is located in an area with a rich history of mining and exploration success. • Idaho has a long history of mining dating back to the 1860s. • In the 1880s, the “Silver Valley” began as a Gold district but quick

  17. Slide 17: Horse Heaven Project: Adjacent to Stibnite

    HORSE HEAVEN PROJECT / OVERVIEW HORSE HEAVEN PROJECT: ADJACENT TO STIBNITE (PERPETUA RESOURCES, ~A$2B Market Cap) • Horse Heaven shares its eastern boundary with Perpetua Resources’ Stibnite Gold Project (PPTA.NAS, market cap ~A$2 Billion). • Due to its high grade and low strip ratio, Stibnite will

  18. Slide 18: Perpetua Resources Trading at Record High

    HORSE HEAVEN PROJECT / COMPARISON HORSE HEAVEN PROJECT: PERPETUA RESOURCES TRADING @ RECORD HIGH • Listed on NASDAQ & TSX • Ticker: PPTA.NAS , PPTA.TSX • Market Cap: ~A$2 Billion • Directly adjacent to Horse Heaven • Similar geological model to Horse Heaven • 2020 Feasibility Study1 (@ US$1850/oz go

  19. Slide 19: Horse Heaven Project Targets

    HORSE HEAVEN PROJECT / PROSPECTS HORSE HEAVEN PROJECT TARGETS Horse Heaven includes two highly prospective target zones, Golden Gate Fault Zone and Antimony Ridge – location shown in the map on the right: 1. Golden Gate has had historical production of Tungsten. 2. Antimony Ridge has had historical

  20. Slide 20: Golden Gate Fault Zone

    HORSE HEAVEN PROJECT / GOLDEN GATE PROSPECT GOLDEN GATE FAULT ZONE Historical Drilling • Historical RC drilling in 1986, 1987, 1994 reported historical Gold assays indicating intercepts of Gold mineralization, including the excerpts below: Select Historical Reported Gold Intercepts – Central Zone* *

  21. Slide 21: Golden Gate Fault Zone – Historical Drilling

    HORSE HEAVEN PROJECT / GOLDEN GATE PROSPECT DEPTH FROM INTERVAL HOLE ID TO (M) AU G/T GOLDEN GATE FAULT ZONE (M) (M) (M) 94-1 152 0.00 152 152 0.49 94-2 171 0.0 171 171 0.63 HISTORICAL DRILLING (1987 AND 1994) 94-4 122 0.00 122 122 0.51 Key Takeaways: 94-5 122 0.00 122 122 0.55 • Historic drilling t

  22. Slide 22: Golden Gate Fault Zone 2022 CSAMT Survey

    HORSE HEAVEN PROJECT / GOLDEN GATE PROSPECT GOLDEN GATE FAULT ZONE 2022CSAMT SURVEY CSAMT – 2D INVERSION TO UNDERSTAND STRUCTURES • Completed in the summer of 2022. • 21 survey lines covering strike length of 3km. • Highlighted structural control geochemical. • 2D Inversion utilised to understand st

  23. Slide 23: Golden Gate Fault Zone Soil Geochemistry

    HORSE HEAVEN PROJECT / GOLDEN GATE PROSPECT MAP 1 MAP 2 GOLDEN GATE FAULT ZONE SOILGEOCHEMISTRY Map 1 – Antimony Anomaly • Map highlights an anomalous Antimony Zone approximately 2.6km by 30– 200m running parallel to the Golden Gate Shear Zone, which was identified through a 2021 soil survey. • The

  24. Slide 24: Golden Gate Fault Zone Geophysical Sections

    HORSE HEAVEN PROJECT / GOLDEN GATE PROSPECT GOLDEN GATE FAULT ZONE GEOPHYSICAL SECTIONS • The geological map of the Golden Gate Fault Zone highlights the distribution of hydrothermal alteration, key structural features, and approximately 3km of strike length along the Golden Gate Fault Zone. • The p

  25. Slide 25: Antimony Ridge Target

    HORSE HEAVEN PROJECT / ANTIMONY RIDGE ANTIMONY RIDGE TARGET Key Points: • Antimony-Gold-silver mineralisation exposed at surface along 500m of historical trenching. • Historical production of high-grade Antimony from small open pits during the periods of WWI, WWII, and into the early 1950s confirmed

  26. Slide 26: Antimony Ridge Sampling Results

    HORSE HEAVEN PROJECT / ANTIMONY RIDGE ANTIMONY RIDGE SAMPLING RESULTS Ridgetop Trench Rock Sampling (Looking South) Gold PPM Antimony % Sample 329003 with 3.58g/t Au and 2.72% Sb from Ridgetop Trench Gold PPM Antimony % Lower Trench Rock Sampling (Looking NE) RML.ASX

  27. Slide 27: Geological and Geophysical Features

    PROJECT DETAILS / GEOLOGIC MODEL GEOLOGICAL AND GEOPHYSICAL FEATURES • This historical topographic map of the Horse Heaven Project is overlaid with multiple exploration datasets to illustrate key geological relationships. • Magnetic contours from a 2012 airborne magnetic survey reveal a subtle magne

  28. Slide 28: Geological Comparison to Stibnite Mine

    PROJECT DETAILS / GEOLOGIC MODEL GEOLOGICAL COMPARISON TO STIBNITE MINE KEY MINERAL INDICATORS Gold (Au), Tungsten (W), and Antimony (Sb) • Associated with magmatic- hydrothermal processes. • Common elements in reduced intrusion-related Gold systems (IRGS). USGS-Published Occurrence of Tin (Sn) • Br

  29. Slide 29: 2025 Exploration Plan

    HORSE HEAVEN PROJECT / NEXT STEPS 2025 EXPLORATION PLAN • Horse Heaven is located on federal land and is subject to permitting with the US Forest Service. Horse Heaven is operating under a Plan of Operation allowing for up to 59 holes on 19 drill sites. • In 2025, the exploration plan has been desig

  30. Slide 30: Medium Term Development Plan

    HORSE HEAVEN PROJECT / NEXT STEPS MEDIUM TERM DEVELOPMENT PLAN* July 2025 H2 2025 H1 2026 H2 2026 2027 JUNE 2025 Initial Drill Initiate new Plan of Up to 6,000M drill Initial Golden Gate Up to 10,000M drill Resource Definition Permit Received Operation under EA for program at Golden Gate resource es

  31. Slide 31: Incoming Management & Development Team

    HORSE HEAVEN INCOMING MANAGEMENT & DEVELOPMENT TEAM CRAIG BILL ERIC ALAN LINDSAY BREEN KLEPFER ROBERTS BComm, MBA, CFA BSc (Geology), PGeo PEng PGeo CEO, U.S. OPERATIONS TECHNICAL LEAD TECHNICAL LEAD TECHNICAL & GEOLOGICAL Mr. Lindsay has over 30 years of experience in M&A, Mr. Breen’s career includ

  32. Slide 32: Horse Heaven Project Borders the Largest Antimony Project in North America

    Resolution Minerals HORSE HEAVEN PROJECT BORDERS THE LARGEST ANTIMONY PROJECT IN NORTH AMERICA Key Highlights (STIBNITE GOLD PROJECT) THE ONLY ANTIMONY ADJACENCY PLAY TO PERPETUA RESOURCES (PPTA.NAS, ~A$2BN MARKET CAP) • DRILL READY TARGETS WITH HISTORICAL ANTIMONY AND TUNGSTEN PRODUCTION 2025 & 202

  33. Slide 33: Investor Relations

    Investor Relations Jane Morgan Management Jane Morgan P: +61 405 555 618 E: jm@janemorganmanagement.com.au RML.ASX

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