Ballard Mining Limited · ASX:BM1
Ballard Mining — Diggers & Dealers Mining Forum 2026
17 slides from Ballard Mining's conference presentation, Jul 31, 2026
Slide 1: High-Grade Gold. Growing. Permitted. Drill & Build.
ASX: BM1 For personal use only HIGH-GRADE GOLD. GROWING. PERMITTED. DRILL & BUILD. Diggers & Dealers Mining Forum 3 – 5 August 2026 Management available for investor meetings: diggersmeetings@ballardmining.com.au
Slide 2: Disclaimer
DISCLAIMER The following notices and disclaimers apply to this Presentation ("Presentation") and you are therefore advised to read this NOT FINANCIAL PRODUCT ADVICE carefully before reading or making any other use of this Presentation or any information contained in this Presentation. This Presentat
Slide 3: Disclaimer
DISCLAIMER NO LIABILITY MINERAL RESOURCE ESTIMATE (MRE) The information contained in this Presentation has been prepared in good faith by Ballard. However, no guarantee, Information in this Presentation that relates to exploration results, the data and geological interpretation used as the basis of
Slide 4: Simple Story: Drill and Build
SIMPLE STORY Drill and Build For personal use only Funded to FID Permitted. Drilling for $62M at 30 June 2026 standalone scale 220,000m in 2026 ASX: BM1 4
Slide 5: Corporate Summary
CORPORATE SUMMARY De-risked balance sheet and share register. 24% institutional shareholders CORPORATE STRUCTURE BOARD & KEY MANAGEMENT PERSONNEL For personal use only 454 Million 22 Million Shares on issue Performance Rights & Options SIMON LILL PAUL BRENNAN TIM MANNERS Non-Executive Chair Managing
Slide 6: Plan A – Targeting Standalone Scale
PLAN A – TARGETING STANDALONE SCALE 220,000 metre drill program in CY2026 to drive resource growth For personal use only 6
Slide 7: Mt Ida – Competitive Strengths
MT IDA – COMPETITIVE STRENGTHS Funded to FID, Permitted and building standalone scale For personal use only 1.2MOZ MRE1 PERMITTED +50 TARGETS +1Moz @ 3.5g/t1 Mining Lease 53 Regional targets at the cornerstone application pending identified for testing Baldock deposit for West Knell UPSIDE POTENTIAL
Slide 8: Baldock Deposit Growth Potential
BALDOCK DEPOSIT GROWTH POTENTIAL Top 350m contains +1Moz @ 3.5 g/t, including 670koz @ 3.7 g/t in the Indicated category1 Dotted line is the February 2026 MRE outline (deeper sections informed by Lithium drilling) For personal use only High-grade hits 300m below and 200m along strike of the current
Slide 9: Baldock Deposit Growth Potential
BALDOCK DEPOSIT GROWTH POTENTIAL Orogenic deposits plumb deep • Mt Ida considered analogous to Gold Fields’ +10Moz Agnew gold camp by renowned For personal use only Structural Geologist Dr Sarah Jones o Same greenstone belt, same granite intrusion • Agnew 1.4km deep1 mine ~150km north • Ora Banda Ri
Slide 10: Satellite Opportunities Emerging
SATELLITE OPPORTUNITIES EMERGING The same rocks on both sides of the Copperfield Granite Holes Metres Avg Depth Max Depth Current MRE² For personal use only Baldock Shear 2,780 496,580 178m 1,249m 1,050oz Ballard Fault 774 88,899 114m 305m 120oz • Baldock has received 85% of drill effort for 90% of
Slide 11: Satellite Opportunities Emerging
SATELLITE OPPORTUNITIES EMERGING Ballard Fault: Shallow, high-grade mineralisation showing camp-scale potential For personal use only ASX: BM1 11
Slide 12: Plan A – Standalone
PLAN A – Standalone 1.5 Moz to bank it, 2.0 Moz by time it is built FY26 FY27 Top-down Goal: 100kozpa for 8-10 years Mar Q Jun Q Sep Q Dec Q Mar Q Jun Q MRE of 1.5 - 2.0 Moz will support this For personal use only Entire Ballard workforce incentivised with Final Investment Decision DFS & FID WINDOW
Slide 13: Fully Permitted
FULLY PERMITTED Fundamental differentiator from other gold developers • All Mineral Resources on Granted Mining Leases For personal use only • Approved Mining Proposal and Mine Closure Plan for open pit and underground mining at Baldock • Works Approval granted for 2.0 Mtpa Process Plant and tailing
Slide 14: Growing Research Coverage
GROWING RESEARCH COVERAGE Contact the following analysts for their perspective For personal use only Patrick Streater Kyle DeSouza Brad Watson Paul Howard Paul Hissey Management available for investor meetings at Diggers & Dealers Email us: diggersmeetings@ballardmining.com.au ASX: BM1 14
Slide 15: Investment Highlights
INVESTMENT HIGHLIGHTS Drill and Build For personal use only PRIME LOCATION GROWING TARGETING FULLY PROVEN TEAM MULTIPLE Heart of the WA RESOURCE STANDALONE PERMITTED Experienced gold UPCOMING Eastern Goldfields with 1.2Moz, including SCALE All Mineral Resources mine developers and CATALYSTS +15Mtpa
Slide 16: Appendix – Mineral Resource Estimate
ASX: BM1 For personal use only APPENDIX – MINERAL RESOURCE ESTIMATE
Slide 17: Mineral Resource Estimate – February 2026
MINERAL RESOURCE ESTIMATE – FEBRUARY 2026¹ Indicated Inferred Total Cut-off Deposit Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces (‘000) g/t Au (‘000) (‘000) g/t Au (‘000) (‘000) g/t Au (‘000) For personal use only Baldock 2,916 3.9 362 395 2.6 33 3,311 3.7 395 Kestrel - - - 940 1.6 48