Qmines Ltd. · ASX:QML
Qmines — Brisbane Mining Club (August 2026)
26 slides from Qmines's conference presentation, Aug 25, 2026
Slide 1: Building Our Way to Prosperity
For personal use only Building Our Way to Prosperity Why Australia must build the mines of tomorrow… August 2026 Share in Our Exciting Future... 1
Slide 2: Important Information
Important Information DISCLAIMER For personal use only This document is confidential and may not be reproduced, redistributed or passed on, directly or indirectly. This document is neither a prospectus nor an offer to subscribe for Shares. QMines Limited ACN 643 212 104 (QMines) and its directors, o
Slide 3: The Case for Copper
For personal use only Energy / Data / AI Require Copper The Case for Copper Supply Chain & Global Copper National Security Demand is Rising… Copper is the metal of electrification, with global demand forecast to rise by Strong Demand, 50% by 2040, driven Tight Supply¹ by expanding power grids, renew
Slide 4: Queensland's Opportunity
1 3 For personal use only Queensland’s Opportunity Large Copper Resources & Low Exports = OPPORTUNITY! Australia holds the world’s second largest copper resources but ranks only eighth in exports — a clear opportunity to capture more value via local processing, right here in Queensland! 2 4 4
Slide 5: A Family of Builders
For personal use only A Family of “Builders” Big Vision. Hard Work. Build Something of Lasting Value. I grew up watching my dad build three family homes from the ground up. He taught me that you need to think big, work hard and build something tangible that creates lasting value. 5
Slide 6: Architecture for Success
ARCHITECTURE FOR SUCCESS Tight Capital Structure Share Price (ASX:QML) Shares On Issue 771,991,470 For personal use only Option On Issue 32,000,000 The Case Market Capitalisation $51.0m for Copper Cash¹ $14.4m Land & Equipment¹ $6.0m Enterprise Value $30.6m Top Shareholders Percentage Corporate / Re
Slide 7: Management That Delivers!
For personal use only Management That Delivers! Andrew Sparke Peter Caristo Elissa Hansen Chairman & Managing Director Executive Director Non-Executive Director & Co Sec Stay Small To Move Fast! Copper mines typically take 15–20 years from discovery to production. QMines is targeting construction at
Slide 8: Ten Regional Deposits!
TEN Regional For personal use only Deposits! We Own A “District” Targeting Ten Deposits. Copper & Gold Nine Still To Unlock. By investing early to consolidate the region, QMines now controls ten known Abundant Local deposits. Infrastructure Importantly, nine are not currently in the Mt Chalmers mine
Slide 9: Commitment to Drilling
Cumulative Meters Drilled QMines Limited (ASX:QML) 50,000 300 For personal use only Organic Growth 275 Strategy 45,000 250 Commitment 40,000 225 To Drilling 35,000 200 Making New 30,000 175 Discoveries Management 150 That Delivers! 25,000 125 Exploration drilling has been a 20,000 100 fundamental pa
Slide 10: Rapid Resource Growth
Rapid Resource Growth 21,000,000 QMines Limited (ASX:QML) For personal use only Large Multi-Rig Drilling Program 18,000,000 Rapid Resource Growth 15,000,000 Several M&A 12,000,000 Opportunities Management That Delivers! 9,000,000 The QMines team have delivered nine resources since listing on the ASX
Slide 11: Support Government
For personal use only Support Government 11
Slide 12: $15m Strategic Investment
For personal use only $15m Strategic Investment Development Funding Fully Funds DFS Strategic $15M & Approvals Investment Accelerates Development $15M investment from Queensland Investment Extensive Due Diligence Corporation (QIC), comprising $5M in equity and $10M via a 2% NSR royalty, advances the
Slide 13: Mine Mt Chalmers
For personal use only Mine Mt Chalmers 13
Slide 14: Producing Six Critical Metals
For personal use only Producing Six ‘Critical Metals’ Copper: Electrification, AI and Data Centers. Gold / Siver: Protects wealth and enables solar energy. Zinc: Protects structural steel / infrastructure. Sulphur: Feeds agriculture & batteries. Iron: Builds infrastructure. 14
Slide 15: Targeting Regional Deposits: Mt Chalmers
For personal use only Targeting Regional Deposits Mt Chalmers Upside¹ Metallurgy & Immediate & Geotech Known Upside² ³ Significant upside remains at the Mt Chalmers project with three additional deposits within 3.0km Optimisation & of the historic Mt Mine Design Chalmers mine with only limited drill
Slide 16: Mt Chalmers Development
For personal use only Key Consultants Appointed Mt Chalmers Open Development¹² Open Baseline Studies DFS & Approvals Open Advancing Advancing Key Consultants engaged to advance DFS and approvals, with baseline studies well underway and integrated DFS Well Underway workstreams progressing through 202
Slide 17: Targeting Regional Deposits: Mt Chalmers
For personal use only Targeting Regional Deposits Mt Chalmers Upside¹ Metallurgy & Immediate & Geotech Known Upside² ³ Significant upside remains at the Mt Chalmers project with three additional deposits within 3.0 km Optimisation & of the historic Mt Mine Design Chalmers mine with only limited dril
Slide 18: Targeting Regional Deposits: Develin Creek
Open For personal use only Targeting Regional Deposits Develin Creek Open Upside Metallurgy & Three deposits. Geotech The Next Growth Open Engine. Scorpion, Window and Sulphide City remain open and sit outside the current Mt Optimisation & Chalmers mine plan, Mine Design providing a clear pathway to
Slide 19: Targeting Regional Deposits: Develin Creek
For personal use only Targeting Regional Deposits Develin Creek Upside Metallurgy & Three deposits. Geotech The Next Growth Engine. Scorpion, Window and Sulphide City remain open and sit outside the current Mt Optimisation & Chalmers mine plan, Mine Design providing a clear pathway to resource growt
Slide 20: Targeting Regional Deposits: Mt Mackenzie
For personal use only Targeting Regional Deposits Mt Mackenzie Upside Metallurgy & A growing gold Geotech resource outside the mine plan With 170koz of gold, 1.12Moz of silver and mineralisation remaining open along Optimisation & strike and at depth, Mt Mine Design Mackenzie provides significant ad
Slide 21: Targeting Regional Deposits: Mt Mackenzie
For personal use only Targeting Regional Deposits Mt Mackenzie Upside Metallurgy & A growing gold Geotech resource outside the mine plan With 170koz of gold, 1.12Moz of silver and mineralisation remaining open along Optimisation & strike and at depth, Mt Mine Design Mackenzie provides significant ad
Slide 22: Mt Chalmers PFS
For personal use only Mt Chalmers PFS¹ Strong Fundamentals, Compelling Returns Mt Chalmers presents a robust investment opportunity, underpinned by a 10+ year mine life, strong NPV, attractive revenue potential and significant copper and gold production from a modest capital base. ¹ ASX Announcement
Slide 23: Indicative Timeline
For personal use only Indicative Timeline Clear Path To Production A defined development timeline positions Mt Chalmers to advance through feasibility, approvals and construction, targeting production and cashflow within the next few years. ¹ ASX Announcement – DFS Commences On The Mt Chalmers Coppe
Slide 24: Takeover Frenzy: Copper Developers Are Disappearing!
$81 million For personal use only 70.6% Takeover Frenzy $213 million 60.4% Copper Developers Are Disappearing! A wave of copper M&A $174 million is rapidly reducing the number of listed developers, creating scarcity value for the 46.0% companies that remain as investors seek exposure to rising coppe
Slide 25: The Next Generation Must Keep Building!
For personal use only A Family of “Builders” The Next Generation Must Keep Building! Australia’s critical minerals will only create prosperity if we have the vision and determination to build. That’s what Dad taught me… and what QMines intends to do, starting construction next year. ¹ ASX Announceme
Slide 26: Building Our Way to Prosperity
For personal use only Building Our Way to Prosperity Why Australia must build the mines of tomorrow… August 2026 Share in Our Exciting Future... 26