Minerals 260 Limited · ASX:MI6
Minerals 260 — Australian Gold Conference 2025
17 slides from Minerals 260's conference presentation, Oct 14, 2025
Slide 1: Advancing one of Australia's largest undeveloped gold projects
ASX: MI6 Advancing one of Australia’s largest undeveloped gold projects 2.3Moz Bullabulling Gold Project Luke McFadyen, CEO and Managing Director Australian Gold Conference, Sydney 14 October 2025
Slide 2: Minerals 260 is aiming to become a significant gold producer
Minerals 260 is aiming to become a significant gold producer through the exploration and development of the Bullabulling Gold Project Corporate Summary Project Strategy • Acquired Bullabulling Gold Project in April • Grow the resource through 110,000m of 2025 for AUD$166.5M. drilling. ~90,000m compl
Slide 3: Minerals 260 (ASX: MI6) Corporate Overview
Minerals 260 (ASX: MI6) Corporate Overview Corporate Structure1 Substantial Shareholders2 Shareholder Profile Shares on Issue 2,150M Samuel Terry 7.4% 8% Unlisted Options 43.85M Tim Goyder, Chairman 7.3% Share Price 31c BlackRock 6.8% 32% Market Capitalisation $660M 60% Franklin Templeton 5.8% Cash
Slide 4: Minerals 260's value proposition is significant leverage to the AUD gold price
Minerals 260’s value proposition is significant leverage to the AUD gold price, resource growth and near-term production target Share price performance since April 2025 following completion of the acquisition of Bullabulling Gold Project MI6 versus the gold price and gold indices MI6 versus ASX-list
Slide 5: Minerals 260 is led by an experienced and proven team
Minerals 260 is led by an experienced and proven team Board of Directors Tim Goyder Luke McFadyen David Richards Emma Scotney Stacey Apostolou Non-Executive Chairman CEO & Managing Director Non-Executive Director Non-Executive Director Non-Executive Director Chairman and major shareholder of Former
Slide 6: Bullabulling is a large-scale gold development project
Bullabulling is a large-scale gold development project Bullabulling Gold Project Project Summary • 65km from Kalgoorlie, the gold capital of Australia. Tier 1 • 571sq km tenement package. jurisdiction • Mineral resources situated within granted mining leases. • Native Title Land Use Agreement. • Min
Slide 7: Located in the heart of the Eastern Goldfields, Western Australia
Located in the heart of the Eastern Goldfields, Western Australia Bullabulling Gold Project Location 65km from Kalgoorlie, the Gold One of the best jurisdictions Capital of Australia globally for mining investment1 Proximate to power, roads, WA has 134 operating mines, 49 are water and skilled labor
Slide 8: 2.3Moz Mineral Resource is supported by +12,300 drill holes
2.3Moz Mineral Resource is supported by +12,300 drill holes Bullabulling Gold Project Mineral Resource Gibraltar Dicksons Phoenix Bacchus Kraken Bullabulling Mineral Resource (JORC 2012) 1km Category Tonnes Grade Contained Mt g/t Au Moz Au Indicated 39 1.1 1.4 Inferred 21 1.3 0.9 Total 60 1.2 2.3 Mi
Slide 9: 110,000m of drilling targeting depth and strike extensions
110,000m of drilling by MI6 is targeting depth and strike extensions, as well as infilling the existing 2.3Moz resource Bullabulling Gold Project Planned Drilling Locations 5 Regional targets Dicksons Gibraltar Phoenix 4 Bacchus – Kraken Strike Bacchus and depth extensions 1 Dicksons and Kraken Phoe
Slide 10: Drilling at Bullabulling Gold Project
Drilling at Bullabulling Gold Project Intersecting some of the highest gram x metres in the history of the project. Drilling continues to reinforce the robustness of the MRE. Extending mineralisation at depth across all deposits. Continuing to intersect gold mineralisation beneath the key deposits o
Slide 11: Drilling has reinforced the existing MRE and extends gold mineralisation
Drilling has reinforced the existing MRE, and continues to extend known gold mineralisation at all deposits Bullabulling resource showing key intercepts and with planned and completed Minerals 260 drill collars Minerals 260 Limited 11
Slide 12: High-grade mineralisation at depth expected to support updated resource
High-grade mineralisation at depth expected to support updated resource estimate in December 2025 Drill core with visible gold (0.2m @ 629g/t Section showing high-grade mineralisation at depth beneath the Bacchus pit Au from 244.1m) from hole BBDD0021 BBDD0021 10.24m @ 18.5 g/t Au from 236.17 Includ
Slide 13: Bullabulling metallurgical test work achieved +95% gold recovery
Bullabulling metallurgical test work achieved +95% gold recovery Bullabulling Recovery Results • +95% gold recovery recorded at multiple, industry- typical grind sizes (106, 90, 75, 53µm). • Results outperformed the historical test work. • Studies ongoing into the relationship between grind size and
Slide 14: Drilling results, resource upgrade and accelerated study phase will de-risk value
Drilling results, resource upgrade and accelerated study phase will de-risk and unlock value at the Project Historical Base Accelerated drilling, study Indicative Development Plan1 and permitting phases enabled by significant work already done, including: 2025 2026 2027 2028 ~530,000m Resource Updat
Slide 15: Minerals 260's value proposition: AUD gold leverage, resource upside, production target
Minerals 260’s (ASX: MI6) value proposition is the significant leverage to the AUD gold price, resource upside from 110,000m of drilling and a near-term production target • 2.3Moz Bullabulling Gold Project is one of Australia’s largest undeveloped gold projects • 110,000m of drilling and an updated
Slide 16: Bullabulling Mineral Resource of 60.3Mt @ 1.2g/t Au for 2.3Moz
Bullabulling Mineral Resource of 60.3Mt @ 1.2g/t Au for 2.3Moz Bullabulling Mineral Resource Estimate as of December 20241 Indicated Inferred TOTAL By Area Tonnes (Mt) Grade (Au g/t) Ounces (koz) Tonnes (Mt) Grade (Au g/t) Ounces (koz) Tonnes (Mt) Grade (Au g/t) Ounces (koz) NORTH Bacchus 8.5 1.2 33
Slide 17: Important Notes and Disclaimer
Important Notes and Disclaimer Overview Competent Person Statement This presentation contains summary information about Minerals 260 Limited (ACN 650 766 911) (Company) and is current as of the cover date. The The information in this presentation that relates to the Mineral Resource Estimate for the