Uru Metals Limited · LSE:URU
Uru Metals — Investor Presentation (December 2025)
19 slides from Uru Metals's investor presentation, Dec 9, 2025
Slide 1: ZEB Nickel Project – Corporate Presentation November 2025
ZEB Nickel Project Resources for the Clean Energy Revolution CORPORATE PESENTATION - NOVEMBER 2025 AIM – URU TSX1 - ZBNI
Slide 2: Disclosure
DISCLOSURE The investment or investment activity to which the Materials relate are available only to such persons and will be engaged with Forward Looking Statement only with such persons. If you are not such a person: (i) you should not take part in the presentation and nor should you have received
Slide 3: Project Highlights
Project Highlights Tier-One Ni-Cu-PGE District: Located on the Northern Limb of the Bushveld Complex, hosting 1 more than 75% of global platinum reserves and significant nickel deposits. Prime Location: Adjacent to Ivanhoe’s Platreef Project and along strike from Valterra Platinum’s 2 Mogalakwena Mi
Slide 4: Management Team
Management Team Mr. John Zorbas is a resource entrepreneur with a proven track record in the metals exploration and development industry. He JOHN ZORBAS has held senior advisory positions in various facets of business including operations, marketing, sales, strategic planning and CEO of URU Metals L
Slide 5: Project location and Neighbours
Project location and Neighbours Nickel Grade Increases Africa Bushveld Complex Pretoria Johannesburg Bloemfontein Zeb Nickel Project Mokopane South Africa Cape Town South Africa 5
Slide 6: Excellent Infrastructure
To Botswana 180km Excellent Infrastructure • Located in a well-established mining district Anglo Platinum’s Mogalakwena Mining Complex • Accessible from national highway, approximately 3 hours drive from Johannesburg E ZEB • Access to water identified NICKEL Ivanhoe Mine Shaft E 930 m depth PROJECT
Slide 7: Airborne Gravity, Magnetic & EM confirms Geological Model
Airborne Gravity, Magnetic & EM confirms Geological Model High-quality airborne gravity, magnetic, and Spectrem Electromagnetic surveys were completed across the project area. The results define several gravity and magnetic anomalies that align closely with the known ultramafic and mafic bodies. The
Slide 8: Four Exploration Zones exist on the Project Area
Four Exploration Zones exist on the Project Area Zone 1: Existing open pit sulphide nickel resource hosted in the Lower Zone. ▪ Only the south-western Lower Zone (Uitloop II) body has been explored and the Lower Zone (Uitloop I) body and the chonolith bodies connecting the two Lower Zone bodies stil
Slide 9: Four Stacked Mineralised Zones
Four Stacked Mineralised Zones IVANPLATS – PLATREEF PROJECT ZEBEDIELA NICKEL PROJECT Integrated geophysical datasets delineate a well-defined magmatic conduit system linking the Uitloop I Zone 1 and Uitloop II ultramafic bodies an Ivanhoe Mines completed sinking two Disseminated ideal environment fo
Slide 10: Historical Drilling Inadequately Tests the Zones
Historical Drilling Inadequately Tests the Zones Zone 3: Magmatic plumbing system not yet drill tested Zone 1: Historical holes stopped short of higher-grade nickel mineralisation near the base of the Uitloop II body Zone 2: Poor coverage and historical holes frequently stopped short of intersecting
Slide 11: Zone 1 – Historical Resource
Zone 1 – Historical Resource Summary of drill holes intersecting Zone 1 open pit Ni resource Drill hole ID Depth From Depth To Sample Interval Inclination Depth Below Surface Ni^ The historical resource 350 m meters meters meters degrees meters % contains 1.6 billion tons at UIT01-3 8,00 232,00 224,
Slide 12: Zone 1 – Potential Ni Grade Improvements
Zone 1 – Potential Ni Grade Improvements Historical drilling stopped short of high-grade mineralisation near the base of the nickel-bearing body. Recent drilling intersected higher-grade nickel within the sulphide-rich, basal Poikilitic Harzburgite Unit of Zone 1, indicating that 350 m focusing on t
Slide 13: Zone 2 - Drill Results
Zone 2 - Drill Results A few on the drill holes result intersecting Ni-Cu-PGE bearing lithologies Depth Sample Drill hole ID Depth From Depth To Below Ni^ Cu Pt Pd Rh Au 3PGE + Au* Interval Surface meters meters meters meters % % g/t g/t g/t g/t g/t UIT01-1 158,00 161,00 3,00 121,04 0,25 0,08 0,64 1
Slide 14: Zone 3 – Massive Ni Sulphide Mineralisation
Zone 3 – Massive Ni Sulphide Mineralisation The geology of the Project area ticks all the boxes for massive sulphide Ni-Cu-PGE mineralisation: • Semi-massive to massive sulphide Ni-Cu-PGE mineralisation has been intersected on the Zeb Project area and neighbouring project areas confirming the fertil
Slide 15: Zone 3 - Drill Results
Zone 3 - Drill Results Drill holes intersecting Ni-PGE bearing lithologies Depth Sample Drill hole ID Depth From Depth To Below Ni^ Cu Pt Pd Rh Au 3PGE + Au* Interval Surface meters meters meters meters % % g/t g/t g/t g/t g/t Z03 324,00 325,00 1,00 248,20 1,00 0,06 0,16 0,43 0,12 0,04 0,75 Z03 331,
Slide 16: Zone 4 – Gold Discovery
Zone 4 – Gold Discovery Gold mineralisation related to the Pietersburg Greenstone Belt: • Ore-grade intersections of gold have been found in the northern and southern areas of the Project, 2 km apart • The gold is most likely hydrothermal in origin and remobilised from the adjacent Pietersburg Green
Slide 17: Geological Insight from recent Exploration Activities
Geological Insight from recent Exploration Activities Zeb Exploration program has revealed key learnings for the next phase of Resource Drilling: 1. Ni-Cu-PGE mineralisation confirmed across the Project Area, hosted in the same rock units mined at Ivanhoe’s Platreef and Valterra’s Mogalakwena operat
Slide 18: Upcoming Catalysts and Work Programme
Upcoming Catalysts and Work Programme 1. Mining Right Awarded • Secures Mining Right for a 30-year period. 2. Ground-Based Geophysics • Ground Electromagnetic and Gravity surveys underway to refine airborne anomaly interpretations. • Modelling and target ranking to define priority drill targets. 3.
Slide 19: Contacts Us
Contacts Us John Zorbas Chief Executive officer E-Mail: john@urumetals.com Anthony James Nieuwenhuys Chief Executive officer E-Mail: james@zebnickel.com Richard Montjoie Technical Director E-Mail: rmontjoie@everseed.co.za Dr. Matthew McCreesh Project Geologist E-Mail: mmccreesh@everseed.co.za 19