Zuleika Gold Limited · ASX:ZAG
Zuleika Gold — Investor Presentation (April 2026)
32 slides from Zuleika Gold's investor presentation, Apr 29, 2026
Slide 1: Zuleika Gold Corporate Update
For personal use only Zuleika Gold Corporate Update
Slide 2: About Zuleika Gold
About Zuleika Gold Zuleika Gold is a development/exploration company, For personal use only with high quality projects near Kalgoorlie. With more than 20 million ounces of historical production the Zuleika Shear is one of the most sought-after gold regions in Australia. Strategic location • Zuleika
Slide 3: About Zuleika Gold: Our Portfolio
About Zuleika Gold Our Portfolio For personal use only • Zuleika Project: Contains Paradigm East Deposit and advanced regional targets • Credo Project: Contains Credo Well deposit and numerous defined targets • Resources: Total company mineral resource 35,200Au ounces • Listed Investments: Approxima
Slide 4: Corporate Snapshot
Corporate Snapshot Key Metrics (31/3/26) ZAG(ASX code) For personal use only Shares on Issue 927M Options & Rights 126M Share Price 3.2c Market Capitalisation $29.7M Cash (end Dec 2025) $13.9M Listed Investments $26.8M Debt Nil Shareholder Holding Board Of Directors Yandal Investments 44.56% Annie G
Slide 5: Project Overview: Zuleika Project
Project Overview Zuleika Project: For personal use only Large landholding immediately northwest of Kalgoorlie in an area richly endowed with gold mineralization (e.g., near Kundana). The Zuleika Project contains several advanced resource development and exploration targets. • Mineral Resource at Par
Slide 6: Project Overview: Credo Project
Project Overview Credo Project: For personal use only North of Kalgoorlie and close to the Paddington operation. • Credo Well Deposit Mineral Resource of 289,000t @ 2.43g/t for 22,500oz² of contained gold • Opportunity to immediately increase resource with targeted drilling • Mine camp opportunity w
Slide 7: Regional Players
For personal use only Regional Players 7
Slide 8: Zuleika Gold – Regional Setting
For personal use only Zuleika Gold – Regional Setting • Total land area 245km2 • 50km strike on Zuleika shear • 20km strike on Carnage shear • The region has produced over 20 million ounces of gold. • The region has several operating mines and processing facilities. • Existing Services and infrastru
Slide 9: Prospects Summary
Prospects Summary The Zuleika and Credo Projects form the company’s For personal use only portfolio. Zuleika has completed 30,000m of drilling with the aim of identifying, improving and expanding gold resources that can be commercialised in the medium term. Resource Development Targets: • Credo Well
Slide 10: Prospects Summary: Monetisable Assets
Prospects Summary Monetisable Assets For personal use only Paradigm East Mineral Resources Credo Well Advanced exploration targets Paradigm South Brown’s Dam Fidelitas East Brown’s Dam White Flag Fidelitas South Coco Northwest Drill Ready Targets ZN001 BDSW Fortis 10
Slide 11: Resource Development Projects
Resource Development Projects • Paradigm East For personal use only 11
Slide 12: Paradigm East: Resource Development
For personal use only Paradigm East: Resource Development 12
Slide 13: Paradigm East: Mineralized Zone 1.8km
Paradigm East: Mineralized Zone 1.8km • 11 drillholes targeting the 1.8 km east-west For personal use only mineralised structure at Paradigm East were completed and all results have now been received. High grade results beneath the supergene zones demonstrated a continuity of gold mineralisation at
Slide 14: Paradigm South: Advanced Exploration
Paradigm South: Advanced Exploration • Located ~1.5 kms south of Paradigm East For personal use only mineral resource and ~2 km north of the Breakaway Dam mine. • Lines of air core drilling by Torian Resources identified relatively high-grade gold mineralisation in numerous holes. • Wide-spaced foll
Slide 15: Browns Dam: Advanced Exploration
Browns Dam: Advanced Exploration • First pass wide spaced 40m X For personal use only 500m AC drilling completed in September 2020 returned peak result of 5m @ 3.1 g/t Au from 38m⁵ depth, including 1m @ 6.60 g/t Au from 42m⁵. • Results also included high value gold anomalies including >100ppb Au whi
Slide 16: Browns Dam: Cross Section
For personal use only Browns Dam: Cross Section Wide spaced Aircore drilling program at Browns Dam returned peak result of 5m @ 3.1 g/t Au from 38m⁵ depth. ⁵ ASX:DAU (now ZAG) 15 October 2020 - Dampier Discovers New Gold Zone at Browns Dam 16
Slide 17: Advanced Regional Exploration Targets
For personal use only Advanced Regional Exploration Targets Breakaway White Dam Flag Data review and target ranking. Develop targeted exploration plan: • Drill to demonstrate prospectivity. • If successful develop resource development strategy for selected prospects. 17
Slide 18: Credo Mine Camp Opportunity
For personal use only Credo Mine Camp Opportunity 18
Slide 19: Credo Project Advancement
Credo Project Advancement Planning of works to advance the Credo project is underway. The companies’ For personal use only immediate priorities with Credo Mine Camp include: 1. Resource Expansion: Immediate deeper drilling along Credo Well North to Credo Well Main to step out and target deeper exten
Slide 20: Credo Well Project: High Grade Corridor
Credo Well Project: High Grade Corridor Following on the successful first drilling, further soil For personal use only program completed in September 2020 confirmed two high-grade gold Zones: 1. In the corridor between Credo NW and Credo Well with extension of 2.5km to the southeast; 2. Cross cuttin
Slide 21: Credo Project: Camp Scale Exploration
Credo Project: Camp Scale Exploration The wider Credo Project contains opportunity for the discovery of additional resources. Credo Well For personal use only The Credo Well resource partially outcrops, whereas the remainder of the tenement to the south is covered. This covered portion of the projec
Slide 22: Credo Project: Camp Scale Targets Cross Section
Credo Project: Camp Scale Targets Cross Section Cross section displaying assays, drill traces, and historic *significant intercepts from the Fidelitas South and Target 9 targets. For personal use only *Significant intersections are based on > 4m at 0.3 ppm Au with a high-grade cap of 20 ppm. Shorter
Slide 23: Credo Well Deposit
Credo Well Deposit Current Credo MRE is 288,952t @ 2.43 g/t for 22,550Oz² contained. For personal use only Parts of the defined MRE remain open and ready for drill testing. Drilling expected to improve and upgrade the MRE over the next 12 months. Targeted work to: • Improve and extend resource, imme
Slide 24: Credo Project: Conceptual Path to Production
For personal use only Credo Project: Conceptual Path to Production • Community agreement and MLA application • Resource drilling to upgrade to quality and scale of MRE • Technical studies, SG, metallurgy, environment and mine closure • Mining studies and approvals • Contract for mining and logistics
Slide 25: Investment Highlights
For personal use only Investment Highlights • 100% Ownership with mining lease applications in progress • Strategic location , services and infrastructure • Existing processing facilities offer potential opportunity for early cashflow and commercialisation • Capital intensity expected to be modest P
Slide 26: Why Invest?
For personal use only Why Invest? 1. Immediate tangible strategy to increase the value of companies existing assets 2. Strategic location with low CAPEX path to commercialization 3. Aggressive resource definition drilling at Credo & Paradigm East 4. High priority regional targets to be tested 5. Pot
Slide 27: Appendices
For personal use only Appendices 27
Slide 28: Total Company Mineral Resource Estimate
For personal use only Total Company Mineral Resource Estimate JORC Compliance Statement This announcement contains references to Exploration Results and Mineral Resource Estimates, which have been extracted from previous ASX announcements as referenced. For full details of Exploration Results and Mi
Slide 29: For personal use only
For personal use only
Slide 30: Appendix A - Mineral Resource Estimate (JORC 2012)
Appendix A - Mineral Resource Estimate (JORC 2012) Credo Well (Nov 2025) + Paradigm East (Jan 2026) - 0.5 g/t Au cut-off Deposit / Prospect Classification Tonnes (kt) Grade (g/t Au) Au (oz) Source For personal use only Credo Well Main Indicated 96 2.56 7,870 Ashmore Nov-2025² Credo Well Main Inferre
Slide 31: Appendix B - Significant Drill Intercepts
Appendix B - Significant Drill Intercepts Prospect Hole ID From (m) Interval (m) g/t Au Includes Source Paradigm East DPERC019 71 4 4.93 1m @ 18.48 g/t from 72m ASX 27-Jul-2021³ For personal use only Paradigm East DPERC020 51 10 2.53 6m @ 3.70 & 1m @ 9.80 ASX 27-Jul-2021³ from 52m Paradigm East DPEA
Slide 32: Appendix C - ASX Releases Cited
Appendix C - ASX Releases Cited ¹ ASX:ZAG | 28 January 2026 - Maiden Mineral Resource for Zuleika's Paradigm East Deposit ² ASX:ZAG | 3 December 2025 - Significant Mineral Resource Upgrade to Credo Well Gold Project and Mining Studies to Commence ³ ASX:ZAG | 27 July 2021 - Continuous High Grade Resu