Slide 1: Thursday's Gossan Scoping Study and Immediate Exploration Targets
ASX: SVY Thursday’s Gossan Scoping Study and Immediate Exploration Targets Evaluating copper-gold-silver production and further discovery in western Victoria 12 August 2026
Slide 2: Disclaimer
Disclaimer This presentation contains only an overview of Stavely Minerals Limited (“Stavely" or the “Company”) and its activities and operations. The contents of this presentation, including matters relating to the geology and exploration potential of the Company’s projects, may rely on various ass
Slide 3: A modern Australian exploration Company, targeting copper, gold & nickel
A modern Australian exploration Company, targeting copper, gold & nickel What does Stavely Minerals offer that is different? BIG SUBSTANTIAL targets leverage LATERAL FIRST MOVER thinking advantage in frontier provinces
Slide 4: Stavely Project – Pre-production Copper and Exploration
Stavely Project – Pre-production Copper and Exploration Discovery – outstanding shallow high-grade copper-gold-silver discovery (September 2019), the Cayley Lode1 Stavely Minerals’ strategy is to realise value in the Cayley Lode discovery: 1. Updated MRE 60Mt at 0.58% CuEq2 (see appendix 1) 2. Recen
Slide 5: Stavely Project: Updated 2026 Mineral Resource Estimate – the Foundation
Stavely Project: Updated 2026 Mineral Resource Estimate – the Foundation
Slide 6: Updated 2026 Mineral Resources Estimate
Updated 2026 Mineral Resources Estimate Discovery – outstanding shallow high-grade copper- gold-silver discovery (September 2019), the Cayley Lode 2026 Updated MRE1 Cayley Lode MRE • 9.1Mt at 1.61% CuEq (1.2% Cu, 0.27g/t Au and 8.4g/t Ag) Total Resources • 60Mt @ 0.58% CuEq ( 0.46% Cu, 0.09g/t and 2
Slide 7: Updated 2026 Mineral Resources Estimate
Updated 2026 Mineral Resources Estimate 120% 113% Increase from 2022 MRE Total Mineral Resources contained gold 100% Material Increase1 80% Contains: 67% 69% 37% 60% • 280,000t of copper 63% 40% 31% • 170,000oz gold 20% • 5.4Moz silver 0% Indicated Inferred Contained tonnes up by 113% Tonnes Copper
Slide 8: Thursday's Gossan / Cayley Lode Mineral Resources – long section blocks coloured by grade
Thursday’s Gossan / Cayley Lode Mineral Resources – long section blocks coloured by grade
Slide 9: Thursday's Gossan / Cayley Lode Mineral Resources
Thursday’s Gossan / Cayley Lode Mineral Resources
Slide 10: Thursday's Gossan / Cayley Lode Mineral Resources (chalcocite-enriched blanket removed)
Thursday’s Gossan / Cayley Lode Mineral Resources (chalcocite-enriched blanket removed)
Slide 11: Stavely Project Scoping Study Update
Stavely Project Scoping Study Update 2026
Slide 12: Scoping Study: Three-stage Open Pit, 4Mtpa Processing
Thursday’s Gossan Scoping Study Three-stage Open Pit, 4Mtpa Processing
Slide 13: Scoping Study Key Financial Outcomes (consensus metals pricing)
Thursday’s Gossan Scoping Study Key Financial Outcomes (consensus metals pricing1) A$818M 40% 2.5 yrs Estimated pre-tax NPV7 Estimated pre-tax IRR Projected capital payback from first production ~A$110M A$1.4B US$3.76/lb LOM AISC copper equivalent Average annual free cash flow from Net cashflow from
Slide 14: Scoping Study Key Financial Outcomes (spot metals pricing)
Thursday’s Gossan Scoping Study Key Financial Outcomes (spot metals pricing2) A$905M 43% A$1.5B Pre-tax NPV7 Pre-tax IRR Net cashflow from operations 2 Source: Trading Economics website, 6 August 2026 see ASX announcement 10 August 2026
Slide 15: Scoping Study Life-of-Mine Payable Metal Production
Thursday’s Gossan Scoping Study Life-of-Mine Payable Metal Production 170,200 65,700 3,283,000 Copper in concentrate Gold in concentrate Silver in concentrate Tonnes Cu Ounces Au Ounces Ag = 210,000t of copper equivalent production see ASX announcement 10 August 2026
Slide 16: Scoping Study Mineral Resource and Production Profile
Thursday’s Gossan Scoping Study Mineral Resource and Production Profile 59Mt 210,400t 24,300t Total Mineral Resource Copper equivalent metal CuEq per year, first 3 years 0.58% CuEq grade In concentrate over 13 years 14,500t/yr for the next 10 years Production period CuEq (t/yr) Copper (t/yr) Gold (o
Slide 17: Scoping Study Mining and Processing Physicals
Thursday’s Gossan Scoping Study Mining and Processing Physicals 51.4Mt 2.5x 84.8% Process plant feed Strip ratio Copper recovery Single open pit, 13-year life 127.5Mt waste mined 709,372t at 24% Cu Parameter Value Operating life 13.0 years (52 quarters of production) Ore mined and milled 51.4Mt at 0
Slide 18: Scoping Study Capital and Operating Cost Estimates
Thursday’s Gossan Scoping Study Capital and Operating Cost Estimates A$333M A$139M US$3.76/lb Plant and infrastructure Pre-stripping Life-of-mine AISC Post-FID, incl. 30% contingency Total A$472M pre-production funding US$2.75/lb in first 3 years required ($333M+$139M) Cost item Assumption Processin
Slide 19: Scoping Study Life-of-Mine Financial Summary
Thursday’s Gossan Scoping Study Life-of-Mine Financial Summary Metric Units Pre-tax Post-tax NPV₇ (real, ungeared) A$M 817.7 542.5 IRR % p.a. 39.9% 30.1% Payback from first ore Quarters 10 — Net cash generated (life of mine) A$M 1,389.5 990.6 Gross revenue A$M 4,130.8 4,130.8 Net revenue (after TC/R
Slide 20: Scoping Study Pre-Tax NPV7 Sensitivity
Thursday’s Gossan Scoping Study Pre-Tax NPV7 Sensitivity Change in pre-tax NPV7 (A$M) — base case A$818M Downside Upside -500 -400 -300 -200 -100 0 100 200 300 400 500 Copper price ±20% -430 430 Spot metals Operating cost ±15% -218 218 prices2: $905m Cu recovery ±4% abs -98 98 Capital cost ±20% -92
Slide 21: Scoping Study Pre-tax revenue, operating costs and cumulative cashflow
Thursday’s Gossan Scoping Study Pre-tax revenue, operating costs and cumulative cashflow $150M $1,500M $100M $1,000M Revenue and Operating Costs (A$) Cumulative Cashflow (A$) $50M $500M $0M $0M -$50M -$500M -$100M -$1,000M 1 5 9 13 17 21 25 29 33 37 41 45 49 53 57 Quarter
Slide 22: Scoping Study Upside Opportunities
Thursday’s Gossan Scoping Study Upside Opportunities Upside opportunities for further study1: Additional drilling to convert Inferred to Indicated Resources in the Cayley Underground and include in production schedule Additional drilling to convert Inferred to Indicated Resources in the Carroll’
Slide 23: "Victoria is Open for Business"
“Victoria is Open for Business”1 Approvals Donald Mineral Sands Project, Work Plan approved June 2025 Goschen Rare Earths and Minerals Sands Project, Work Plan approved November 2025 Sunday Creek Gold Project Exploration Tunnel, approved June 2025 Four Eagles Gold Project Exploration Tunnel,
Slide 24: Major Exploration Opportunities in 130km of Under-Explored Volcanic Arc
Major Exploration Opportunities in 130km of Under-Explored Volcanic Arc
Slide 25: Stavely Project – Control major Cu-Au fertile Volcanic Belts
Stavely Project – Control major Cu-Au fertile Volcanic Belts Discovery – outstanding shallow high-grade copper-gold-silver discovery (September 2019), the Cayley Lode1 Multiple regional gold discovery opportunities: Toora Road prospect Fairview North gold prospect – great recent drilling results2
Slide 26: Emerging Discovery? The Freddy's Find Breccia Prospect
Emerging Discovery? The Freddy’s Find Breccia Prospect Freddy’s Find Prospect Aircore1 • 4m at 2.21g/t Au from 96m drill depth, including: • 2m at 3.92g/t Au from 98m in aircore drilling 2km • Large 2km x 750m alteration zone • Strongly anomalous base metals and pathfinder 400m geochemistry • Very w
Slide 27: The Freddy's Find Breccia-Hosted Gold Prospect - In-fill reconnaissance RC drilling
The Freddy’s Find Breccia-Hosted Gold Prospect - In-fill reconnaissance RC drilling to 200m x 200m Freddy’s Find Reconnaissance RC • 16m at 1.09g/t AuEq from 46m drill depth in STRC0132, including: • 7m at 1.94g/t AuEq from 53m, including: • 4m at 2.31g/t AuEq from 56m Within a broader zone of 29m a
Slide 28: The Freddy's Find Breccia-Hosted Gold Prospect - RC hole STRC0132
The Freddy’s Find Breccia-Hosted Gold Prospect - In-fill reconnaissance RC drilling to 200m x 200m Freddy’s Find Reconnaissance RC – STRC0132 • 16m at 1.09g/t AuEq from 46m drill depth, including: • 7m at 1.94g/t AuEq from 53m, including: • 4m at 2.31g/t AuEq from 56m Within a broader zone of 29m at
Slide 29: Freddy's Find Diamond Drilling (assays pending)
Freddy’s Find Diamond Drilling (assays pending)
Slide 30: S4 Early-Stage Porphyry Target
S4 Early-Stage Porphyry Target S4 Porphyry Target Freddy’s Find look-alike • Falcon gravity low of similar size and intensity to the Thursday’s Gossan gravity low (including the Cayley Lode) Freddy’s Find • Only 4 historic aircore drill holes to 70m drill depth on 400 x 800m spacing • Existing airco
Slide 31: The Copper Sector is Hot
& STAVELY vw > ector is Hot
Slide 32: J.P. Morgan copper market balance
J.P. Morgan copper market balance Projected refined copper deficit (thousand tonnes) 9000 8,000 8000 7000 Deficit (thousand tonnes) 6000 5000 4000 3000 2,000 2000 1000 330 0 2026 2030 2035 Source: J.P. Morgan Global Research (2026 copper outlook), as reported via GOLDINVEST and Skillings. Figures ar
Slide 33: Pre-development Copper Peer Comparison
Peer group selected on the following basis: - ASX listed companies with Australian copper Pre-development Copper Peer Comparison - - projects JORC compliant published resources Pre-production Metric Stavely Minerals (SVY) Caravel Minerals (CVV) Solstice Minerals (SLS) QMines (QML) Flagship project S
Slide 34: Pre-development Copper Peer Comparison Resource Categories and Sources
Pre-development Copper Peer Comparison Resource Categories and Sources of Information for Previous Slide Contained Company Deposit Resource Category Tonnes Grade Source Cu Thursday's Gossan & Carroll's Indicated 31Mt 0.50% Cu (0.62% CuEq) 160kt ASX announcement, 'Development Update,' 27 May 2026 (Ta
Slide 35: ASX-Listed Pre-production Copper Transactions
ASX-Listed Pre-production Copper Transactions Acquirer Target Target's Project Deal Value Structure Status / Date Carnaby Greater Duchess Cu-Au project, All-scrip scheme of arrangement: 0.0682 EVN shares per Binding SID signed 27 Jul 2026; Carnaby board Evolution Mining Resources Cloncurry region, Q
Slide 36: Corporate Summary
Corporate Summary Capital Structure ASX TICKER Share Price (12.08.26) Shares on Issue Cash (30.06.26) Market Capitalisation Management & Staff SVY $0.016 1,033M $3.1M* $16.5M ~11% equity 12-month Share Price to 12 August 2026 Directors $0.030 30,000,000 Close $ Volume Chris Cairns Jennifer Murphy $0
Slide 37: Summary – Key investment takeaways
Summary – Key investment takeaways The Cayley Lode Value Statement: Junction copper- is a quality high- Scoping Study describes silver (aircore grade copper-gold- a robust, long-life copper- drilling impressive Big silver Mineral gold-silver production assays) Resource from asset – gaining access ta
Slide 38: Contact us
Contact us Stavely Minerals Limited L1, 168 Stirling Highway Nedlands WA 6009 P - 08 9287 7630 The information in this presentation is extracted from information available to view on www.stavely.com.au. The Company confirms that it is not aware of any new information or data that materially affects
Slide 39: Appendix 1: Mineral Resources
Appendix 1: Mineral Resources
Slide 40: Appendix 1: Mineral Resources Classifications
Appendix 1: Mineral Resources Classifications 2026 Stavely Minerals Total Mineral Resources Estimate Resource Resource Tonnes Grade Grade Cont. Cont. Grade Cont. Grade Cont. Grade Cont. Prospect Category (Mt) Metal Metal Metal Metal Metal (Cu %) (CuEq%) (kt Cu) (Mlbs (Au g/t) (koz Au) (Ag g/t) (koz