Pursuit Minerals Ltd · ASX:PUR
Pursuit Minerals — Resources Rising Stars Gold Coast Investor Conference 2025
30 slides from Pursuit Minerals's conference presentation, Sep 17, 2025
Slide 1: ASX Release: Investor Presentation – Resource Rising Stars Gold Coast
17 September 2025 ASX RELEASE INVESTOR PRESENTATION – RESOURCE RISING STARS GOLD COAST Pursuit Minerals Ltd (ASX: PUR) (“PUR”, “Pursuit” or the “Company”) is pleased to provide an updated Corporate Presentation which will be delivered by Managing Director & CEO Mr. Aaron Revelle to the Resources Ris
Slide 2: Competent Person's Statement and Forward Looking Statements
Competent Person’s Statement and Listing Rule 5.23 Disclosure Statements contained in this announcement regarding exploration results are based on, and fairly represent, information compiled by Mr. Leandro Sastre Salim, BSc (Geology) from the National University of Salta, Argentina, and a Graduate D
Slide 3: Corporate Presentation: A Pure Play on Argentina's Untapped Mining Potential
For personal use only CORPORATE PRESENATION A PURE PLAY ON ARGENTINA’S UNTAPPED MINING POTENTIAL September 2025 ASX:PUR
Slide 4: Competent Persons Statement and Forward Looking Statements
Competent Persons Statement Forward Looking Statements For personal use only Statements contained in this announcement regarding exploration results are Statements relating to the estimated or expected future production, operating based on, and fairly represent, information compiled by Mr. Leandro S
Slide 5: A Pure Play on Argentina's Untapped Mining Potential
A PURE PLAY ON ARGENTINA’S UNTAPPED MINING POTENTIAL TIER 1 JURISDICTION ADVANTAGE – Argentina is rapidly emerging as one of the world’s most attractive mining destinations, supported by investor friendly reforms, IMF For personal use only backing and the RIGI framework driving foreign investment. P
Slide 6: Portfolio Overview
PORTFOLIO OVERVIEW Rio Grande Sur – Near Term Production Tier 1 Lithium Asset ▪ Strategic Lithium Project: 9,260ha in Salta Province, Rio Grande Salar, positioned in Argentina’s Lithium Triangle ▪ JORC Resource: 1.104Mt LCE @ 505.8mg/L Li (591.9kt @ 515mg/L Li Indicated, 512.5kt @ 512.5mg/L Li For p
Slide 7: Corporate Overview
CORPORATE OVERVIEW CAPITALISATION DATA(1) BOARD OF DIRECTORS For personal use only A$0.081 97.65m ASX:PUR SHARE PRICE SHARES ON TICKER ISSUE A$8.17M ~A$0.56M ~25.1M Mr Tom Eadie Mr Aaron Revelle Mr Stephen Layton Mr Vito Interlandi MARKET CAP NET CASH TOTAL OPTIONS ON ISSUE Non-Exec Chairman Managin
Slide 8: Argentina – A Tier 1 Address
ARGENTINA – A TIER 1 ADDRESS Emerging as the premier mining jurisdiction in South America • Major Mines: Veladero (Barrick), Cerro Negro (Newmont) – Tier-1 gold producers. • Economic Importance: Mining contributes 0.82% of GDP, 6.1% • Exploration & Growth: San Juan & Santa Cruz host major gold of ex
Slide 9: The Lithium Triangle - Meeting Future Lithium Demand
THE LITHIUM TRIANGLE - MEETING FUTURE LITHIUM DEMAND Prime Position in a Tier 1 Address BOLIVIA • The Lithium Triangle holds 50% of global lithium For personal use only resources and delivers 40% of current supply, spanning Argentina, Chile, and Bolivia. • Argentina ranks #2 globally in lithium reso
Slide 10: Argentina – A Tier 1 Address
ARGENTINA – A TIER 1 ADDRESS The Argentine Salars located within the provinces of Salta, Catamarca and Jujuy have been the focus of significant development activity over the past 5 years. Majority of the area is now consolidated amongst a few companies. For personal use only Li Concentration v Mg/Li
Slide 11: Focused Strategy
FOCUSED STRATEGY PROBLEM → SOLUTION → OPPORTUNITY → EXECUTION 1. Problem: Lithium Demand Outpacing Supply 2. Solution: Low-Cost Brine Lithium from Argentina For personal use only • Demand Surge: EV and battery demand to triple lithium • Proven Method: Brine extraction with solar evaporation is the c
Slide 12: Rio Grande Sur Project Overview
RIO GRANDE SUR PROJECT OVERVIEW Advancing a Lithium Brine Asset to Production ▪ Strategic Lithium Project: 9,260ha in Salta Province, Rio Grande Salar, positioned in Argentina’s Lithium Triangle (for reference, Argosy Minerals' Rincon Project ~2,700ha, MC: A$37.8M). ▪ JORC Resource: 1.104Mt LCE @ 50
Slide 13: JORC Mineral Resource Estimate
JORC MINERAL RESOURCE ESTIMATE Brine Resource Avg. Li In situ Li For personal use only Volume (mg/l) (kt) kt LCE Category (GL) Indicated 215.3 515.1 111.2 591.8 Inferred 194.4 495.4 96.3 512.5 Total 409.7 505.8 207.5 1,104.3 1. The effective date of this statement is December 1, 2024. 2. Mineral Res
Slide 14: Stage 1 Drill Campaign Generating Significant Results
STAGE 1 DRILL CAMPAIGN GENERATING SIGNIFICANT RESULTS To date Pursuit has completed DDH-1 and DDH-2 of the planned Stage 1 Drilling Campaign with substantial lithium results achieved. For personal use only High grade assays include the following intervals: DDH-1 • 629mg/L (“milligrams per liter of L
Slide 15: 3D Geological Block Model
3D GEOLOCIAL BLOCK MODEL For personal use only ASX: PUR 13 13
Slide 16: Staged Drilling Campaign – Upside Potential Remains
STAGED DRILLING CAMPAIGN – UPSIDE POTENTIAL REMAINS • DDH-1 and DDH-2 South North confirmed exceptional grades. Resource For personal use only expansion targets DDH-3 and DDH-4 at Mito in the north. • Stage 2 includes a pumping well at Maria Magdalena, selected due to exceptional DDH-1 results, opti
Slide 17: TEM / CSAMT Survey Results
TEM / CSAMT SURVEY RESULTS • The interpretation of the TEM and CS-AMT survey results defined the presence of multiple low resistivity layers across the tenements. These layers are considered highly prospective for Lithium brines. For personal use only • Pursuit’s drilling campaign validated results,
Slide 18: Scalable Production from 250t Operational Pilot Plant
SCALABLE PRODUCTION FROM 250t OPERATIONAL PILOT PLANT For personal use only ASX: PUR 16 16
Slide 19: 99.5% Lithium Carbonate Achieved
99.5% LITHIUM CARBONATE ACEHIVED Pilot-Scale Success Validates Flowsheet • High Purity: Bench-scale processing of pilot For personal use only plant material achieved 99.5% Li₂CO₃, meeting technical grade benchmarks. • Process Proven: Utilised fractional crystallisation (FX) and ion exchange (IX) to
Slide 20: Scalable Lithium Production Strategy
SCALEABLE LITHIUM PRODUCTION STRATEGY • Phased Growth Plan: Begins with 250tpa pilot production, expanding to 5,000tpa (Stage 2) and later 12,500tpa (Stage 3), subject to financing and market demand. For personal use only • Early-Stage Revenue & De-Risking: Relocation of the pilot plant supports ear
Slide 21: Initial Lithium Processing Circuit
INITIAL LITHIUM PROCESSING CIRCUIT Well Field Evaporation Ponds Processing Plant 600mg/L Li 12-14 Months – 70% Recovery 80-90% Recovery For personal use only Lithium Concentration Magnesium Removal 6% Brine Conc. Calcium Removal Boron Removal Transported Carbonization 600ppm 2,000ppm 3% 3-4% 6% Tech
Slide 22: Evaporation Ponds Proposed Area at Rio Grande
EVAPORATION PONDS PROPOSED AREA AT RIO GRANDE For personal use only 2 2 ASX: PUR 0 0
Slide 23: Lithium Market Demand
LITHIUM MARKET DEMAND Global lithium demand projections have surged, driven by government mandates, EV adoption targets, and automaker commitments. By 2030, lithium demand could rise 225% to 2.6 million tons LCE, reflecting a 16% For personal use only CAGR. Under BloombergNEF’s net-zero scenario, de
Slide 24: Lithium Market – Returning to Deficit Faster Than Anticipated
LITHIUM MARKET– RETURNING TO DEFICIT FASTER THAN ANTICIPATED Lithium demand is not just growing, it’s accelerating across multiple demand channels (EVs, heavy trucks, storage) faster than supply can adjust. The “oversupply” narrative misses the structural reality: every three months, global demand r
Slide 25: Lithium Market Demand
LITHIUM MARKET DEMAND Citigroup forecasts lithium’s supply glut has peaked, with a market deficit expected by 2026. The last major price surge was driven by just an 8% shortfall, and by 2027, the deficit is set to widen. For personal use only With lithium demand rising 225% by 2030, new production i
Slide 26: Precious Metals Demand
PRECIOUS METALS DEMAND ▪ Gold: Spot gold hit a fresh peak of US$3,682.51/oz (Sept 2025, surpassing its inflation adjusted 1980 peak with more than 30 For personal use only nominal records set this year. ▪ Silver: Surged past US$40/oz for the first time since 2011, supported by Fed rate cut bets and
Slide 27: ESG – Commitment to Sustainability
ESG – COMMITMENT TO SUSTAINABILITY Pursuit Minerals is committed to creating long-term value for all our stakeholders through integrating ESG best practice into the ongoing development of the Rio Grande Sur Project For personal use only Transparency & Accountability Constructive Stakeholder Engageme
Slide 28: Focused on Growth Pipeline and Project Execution
FOCUSED ON GROWTH PIPELINE AND PROJECT EXECUTION OUR EXECUTION PATH AND GO FORWARD PLAN IS BASED ON MAXIMISING LONG TERM SHAREHOLDER VALUE For personal use only • Commissioning of 250 tpa pilot plant, with • Bankable Feasibility Study (BFS) for large- • Batch lithium carbonate production from first
Slide 29: Summary & Conclusion
SUMMARY & CONCLUSION For personal use only Strategically Prospective Asset Growth Potential Emerging Long-term Our People Located Jurisdiction Sustainability JORC Indicated & Stage 1 drilling A highly A Tier-1 lithium Inferred resource confirmed high- Argentina is A phased experienced asset in the h
Slide 30: Contact
For personal use only Office Website — — Level 2, 480 Collins Street pursuitminerals.com.au Melbourne VIC 3000 Telephone — Email — +61 3 9008 6199 info@pursuitminerals.com.au
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