Exultant Mining Ltd. · ASX:10X
Exultant Mining — Investor Presentation (December 2025)
24 slides from Exultant Mining's investor presentation, December 2025
Slide 1: Unlocking High-Potential Gold, Silver, Copper and Base Metal Deposits in Tier 1 Jurisdictions
UNLOCKING HIGH-POTENTIAL GOLD, SILVER, COPPER AND BASE METAL DEPOSITS IN TIER 1 JURISDICTIONS December 2025 ASX: 10X Investor Presentation Investor Presentation | October 2025 1
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer These presentation has been prepared by Exultant Mining Ltd (Company) as at 12 December 2025 and statements are current only as at that date. Information in the Presentation Materials remains subject to change without notice. The Company has no responsibility or obli
Slide 3: Experienced Team
EXPERIENCED TEAM PROVEN DELIVERY & RESULTS FOCUSED EXPERIENCED BOARD Management Brett Grosvenor Lincoln Ho Alan Armstrong Seb Hind Ian Cooper Executive Chairman Non-Executive Director Non-Executive Director Senior Geologist Consultant Geologist Over 25 years’ experience in Over 8 years’ experience i
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT OWNERSHIP STRUCTURE 37.2M $0.185 SHARES ON ISSUE PRICE 13.0% $6.9M $4.3M 11.0% Founders Vendors MARKET CAP Adjusted CASH Position after IPO costs 2.3% Board 6.7% Pre-IPO 67.0% IPO $2.6M 6M ENTERPRISE VALUE OPTIONS (3YR, 30C) As at COB on 12th December 2025 4
Slide 5: Project Locations and Target Minerals
PROJECT LOCATIONS Black Hammer Peak View Deep Dykes AND TARGET New South Wales New South Wales Western Australia MINERALS REGION & SIZE Highly Prospective Macquarie Arc REGION & SIZE Prolific East Lachlan Basins REGION & SIZE Mt Ida-Ularring Greenstone Belt Combined ~100km² Combined ~310km² Combined
Slide 6: Black Hammer Project
BLACK HAMMER PROJECT (EL9332, ELA6915) Large Scale Cu-Au Discovery Potential in the World-Class Macquarie Arc Located 130km west of Sydney and 30km south of Oberon, NSW Combined 310km² in the highly prospective Macquarie Arc — host to world-class deposits like Cadia Valley <15km from Racecours
Slide 7: Black Hammer Project: Porters Retreat Targets
BLACK HAMMER PROJECT PORTERS RETREAT (EL9332) Multiple High-Priority, Undrilled Targets with Immediate Discovery Potential 9 anomalous areas identified along major structural conduits High-priority: Watson Prospect: 2.4km long Cu/Zn soil anomaly with quartz-pyrite-chalcopyrite veining. No gold
Slide 8: Black Hammer Project: Unexplored Porphyry Potential
BLACK HAMMER PROJECT PORTERS RETREAT (EL9332) Unexplored Porphyry Potential in the Macquarie Arc Large 3km x 3km hornblende monzodiorite intrusion with coincident basement magnetic anomaly Intrusion is near surface and partially outcropping Previously unrecognized circular basement magnetic fe
Slide 9: Black Hammer Project: Tuglow (EL9826)
BLACK HAMMER PROJECT TUGLOW (EL9826) Underexplored Licence in the Macquarie Arc with Multiple High-Grade Targets 136km² tenementcovering the easternmost exposures of the highly prospective Macquarie Arc 10 metallic mineral occurrences recorded within the tenement including the historic Tuglow Co
Slide 10: Black Hammer Project: Undrilled Historic Mines
BLACK HAMMER PROJECT TUGLOW (EL9826) Multiple Undrilled Historic Mines with High-Grade Potential Tuglow Copper Mines: 1.5km’s N-S strike of workings parallel lodes with grades up to 14% Cu, 26.4g/t Au, 283g/t Ag, 23.02% Pb, 13.1% Zn1; mineralised, unsampled core in government archive (pictured) (a
Slide 11: Black Hammer Project: Next Steps
BLACK Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 HAMMER PROJECT: NEXT STEPS Untested porphyry potential in the prospective Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Macquarie Arc • Historic data • Geological • Aircore drilling • Targeted drilling • Assays compilation mapping • Magnetic • Assays • Next st
Slide 12: Peak View Project
PEAK VIEW PROJECT (EL9411, EL8931) CONTAINING HIGH-GRADE VHMS PRECIOUS & BASE METALS PROSPECTS IN A TIER-1 JURISDICTION EAST LACHLAN BASINS METAL ENDOWMENT1 Ag = Cu = > 3700t >0.51Mt Au = >48t Pb = >1.48Mt Zn = >2.45Mt Source: Endowment figures for Silurian volcano-sedimentary deposits of the East L
Slide 13: Peak View Prospect: Structural Architecture
PEAK VIEW PROJECT PEAK VIEW PROSPECT (EL9411) Outstanding Structural Architecture with District-Scale Potential <50km along strike from the historic, high-grade Captains Flat Zn-Pb-Ag-Cu-Au Mine, on the same mineralised Narongo Fault Captains Flat delivered exceptional production: 406kt Zn, 244k
Slide 14: Peak View Prospect: Proven High-Grade VMS
PEAK VIEW PROJECT PEAK VIEW PROSPECT (EL9411) Proven High-Grade VMS, Untested by Modern Exploration Historic drilling confirms high-grade massive sulphides Exceptional peak grades: 4.25% Cu, 880g/t Ag, 1.16g/t Au, 17.2% Zn, 9.1% Pb Classic Captains Flat/Woodlawn-style VHMS system with >1km of
Slide 15: Peak View Prospect: A Golden Opportunity
PEAK VIEW PROJECT PEAK VIEW PROSPECT (EL9411) A Golden Opportunity Located on a >10km parallel structure 5km east of the historic high-grade Cawarra goldfield ~14,000 oz Au mined by BHP in the 1930s and 19,300 oz produced by Horizon Pacific in the 1980s, with average grades of 6-8 g/t Au1 Rece
Slide 16: Big Badja Prospect
PEAK VIEW PROJECT BIG BADJA PROSPECT (EL8931) High-Grade Silver-Gold Potential Along Fertile Intrusive Contact Approx 10km of highly prospective granitic intrusive contact Fertile contact hosting Big Badja Ag-Pb-Au Mine, Undoo Creek Au and Umeralla Mountain prospects Big Badja Mine: high-grade
Slide 17: Big Badja Prospect: Silver-Gold Potential
PEAK VIEW PROJECT BIG BADJA PROSPECT (EL8931) High-Grade Silver-Gold Potential Along Fertile Intrusive Contact 3km long Pb-Zn anomaly associated with the fertile granite-sediment intrusive contact; never followed up The soil anomaly is along strike from the historic high-grade Big Badja Silver M
Slide 18: Peak View Project: Next Steps
Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 PEAK VIEW PROJECT: NEXT STEPS High Upside in a Proven VHMS Belt Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 • Historic data • Geological • Gravity survey • Targeted drilling • Assays compilation mapping • I.P survey • Assays • Next steps • Land access • Rockchippi
Slide 19: Deep Dykes Project
DEEP DYKES PROJECT (E29/1154, 55, 56 & E30/590) Underexplored Gold in the Prolific Mt Ida- Ularring Greenstone Belt Strategic landholding in the prolific Mt Ida–Ularring Greenstone Belt, WA Mt Ida and Bottle Creek Gold Projects (Figure 2) Alt has delivered a JORC 2012 Measured, Indicated and Inf
Slide 20: Deep Dykes: Untested Gold System in a Proven Belt
DEEP DYKES PROJECT (E29/1154, 55, 56 & E30/590) Untested Gold System in a Proven Belt Ida Fault Zone – major gold-bearing structure transects tenure Favourable geology – BIFs + mafic–felsic contacts, classic Archean hosts Evidence nearby – up to 1.0 g/t Au in lag; gold in drillholes <1 km from
Slide 21: Deep Dykes: A Blank Spot in a Proven Gold Belt
DEEP DYKES PROJECT (E29/1154, 55, 56 & E30/590) A Blank Spot in a Proven Gold Belt Regional datasets show no surface sampling across the Deep Dykes tenure Represents 22 km of highly prospective greenstone belt left untouched for gold Surrounding areas with similar geology host multiple gold de
Slide 22: Deep Dykes Project: Next Steps
DEEP DYKES PHASE 1 PHASE 2 PHASE 3 PHASE 4 PHASE 5 PROJECT: NEXT STEPS Untested gold system in a prospective greenstone belt PHASE 1 PHASE 2 PHASE 3 PHASE 4 PHASE 5 • Historic data • Structural • I.P survey • Targeted • Assays compilation mapping • Gravity drilling RC & • Next steps • Land access •
Slide 23: Forward Plan and Milestones
FORWARD PLAN AND MILESTONES PATH TO VALUE CREATION Q4 2025 Q1 2026 Q2 2026 Mapping, rock chips and ME- Geophysical surveys over Targeted drilling at Peak View MS61 soils at Peak View to Tuglow Copper Mines and Peak Project and Black Hammer follow up 9,469 g/t Ag Big Badja View Project; aircore drill
Slide 24: Contact
CONTACT Brett Grosvenor Executive Chairman, Exultant Mining brett@exultantmining.com.au ASX: 10X Investor Presentation | October 2025 24
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