Slide 1: Corporate Presentation
Corporate Presentation High-Grade Antimony. Near-Term Production. North Americas Focus RIU Resources Round-Up, May 2026 ASX: EVR
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by EV Resources Limited (ASX: EVR) (EVR or the returns are by their nature subject to significant uncertainties and contingencies. Past Company). It contains general information about the Company’s activities current as performance is no guarantee of fu
Slide 3: EVR Vision: Near-Term North American Antimony Supply
EVR VISION NEAR-TERM, NORTH AMERICAN ANTIMONY SUPPLY, LEVERAGING THE CRITICAL MINERALS SUPPLY GAP 100% Ownership NEVADA ANTIMONY PROJECTS: DOLLAR & MILTON Formation of a strategic antimony portfolio in Nevada, acquiring 100% ownership of the past producing Dollar & Milton Projects. 70% Ownership LOS
Slide 4: North American Supply Solution: EVR Investment Rationale
NORTH AMERICAN SUPPLY SOLUTION EVR INVESTMENT RATIONALE NEAR TERM MID-LONGER TERM SUPPLY VALUE DRIVERS CASH FLOW OPPORTUNITIES Los Lirios Antimony Project Antimony Production Capability: Tecomatlán Tecomatlán Plant operational by end of 2H2026. Plant offers hub and spoke High-grade inc 30.2% Sb from
Slide 5: Antimony Market Supply, Demand, Opportunity
ANTIMONY MARKET SUPPLY, DEMAND, OPPORTUNITY GROWING DEMAND Forecast to grow significantly (~6.5% CAGR to 20321) GLOBAL ANTIMONY due to increased demand from diverse applications MINE PRODUCTION 20252 including 45,000 Military and defence Flame retardants 40,000 Energy storage Alloys 35,000 30,000 SU
Slide 6: US Critical Mineral Security Strategy
US CRITICAL MINERAL SECURITY STRATEGY The US has a critical, well-funded and non-negotiable need for antimony from reliable, non-adversarial sources, directly aligning with EVR’s strategy of developing Antimony assets in allied jurisdictions (Mexico & USA). DESIGNATED US US GOVT DOMESTIC/ALLIED EVR:
Slide 7: Tecomatlán
TECOMATLÁN
Slide 8: Tecomatlán Processing Plant: Low CAPEX, Near-Term Cash Flow
TECOMATLÁN PROCESSING PLANT LOW CAPEX, NEAR-TERM CASH FLOW The acquisition of the Tecomatlán Plant firmly positions EVR as a first mover in North American antimony supply, underpinning its strategy to fast-track development and production of this critical mineral. 150tpd US1.8M1 2H CY2026 Initial na
Slide 9: Tecomatlán Processing Plant: De-risked Refurbishment & Commissioning Strategy
TECOMATLÁN PROCESSING PLANT DE-RISKED REFURBISHMENT & COMMISSIONING STRATEGY Installation design complete, including equipment and contracting costings PHASE 1 PHASE 2 TWO-STAGE GRAVITATIONAL PROCESSING FLOATATION/LEACHING PROCESSING CONSTRUCTION ACTIVITIES METALLURGY Modernise crushing and grinding
Slide 10: Tecomatlán Processing Plant Gravity Circuit Flowsheet
TECOMATLÁN PROCESSING PLANT GRAVITY CIRCUIT FLOWSHEET FEEDSTOCK Source A: Local and Regional Ore Source B: Los Lirios ‘Pilot Ore’ GRADE: 22% - 36% Sb MARKET: Direct to Smelter/Offtake Safe, dry, environmentally benign storage TAILINGS GRADE: Extremely low (~0.37% Sb) evresources.com.au | ASX: EVR 10
Slide 11: Los Lirios
LOS LIRIOS
Slide 12: Los Lirios Antimony Project: Large-Scale, High-Grade Asset
LOS LIRIOS ANTIMONY PROJECT LARGE-SCALE, HIGH-GRADE ASSET WITH HISTORIC PRODUCTION 70% 1,552ha >6km EVR share of Extensive, Structural corridor, historically underexplored and parallel trends, producing open CRD system historical antimony antimony mine. confirmed. workings. 30.2% Sb1 JORC Q3 USD$3M
Slide 13: Los Lirios Antimony Project: Large-Scale Structural System
LOS LIRIOS ANTIMONY PROJECT LARGE-SCALE STRUCTURAL SYSTEM High-grade mineralisation hosted in a geologically significant structural setting Located in northern Mixteca Terrane, Oaxaca – complex region known for its metal endowment. Structurally controlled hydrothermal system with antimony occurring
Slide 14: Los Lirios: Exceptional, Reagent-Free Recovery Confirmed
LOS LIRIOS ANTIMONY PROJECT EXCEPTIONAL, REAGENT-FREE RECOVERY CONFIRMED Los Lirios ore delivers exceptional processing characteristics. Gravity and flotation testing demonstrate industry-leading antimony recoveries, underpinning low-CAPEX, fast-to-production economics. Preliminary metallurgical tes
Slide 15: Los Lirios Drilling Confirms Large-Scale CRD System
LOS LIRIOS 1 DRILLING CONFIRMS LARGE-SCALE CRD SYSTEM — ASSAYS PENDING Large-scale, shallow carbonate replacement (CRD) antimony system confirmed — one of the world's most significant deposit styles for antimony. Key results from 11-hole Phase 1 program: 10 of 11 drill holes intersected a laterally
Slide 16: Nevada Antimony Projects
NEVADA ANTIMONY PROJECTS
Slide 17: Dollar Antimony Project: High-Grade, Proven Prospect
DOLLAR ANTIMONY PROJECT HIGH-GRADE, PROVEN PROSPECT FOR US DOMESTIC SUPPLY DOLLAR ANTIMONY PROJECT UPCOMING EXPLORATION HIGH-GRADE POLYMETALLIC • Systematic soil geochemistry POTENTIAL program COMPLETED (April 2026) Historical assays ≥40.63% Sb1; • Assay results expected late May/June modern in-situ
Slide 18: Dollar Antimony Project: High-Grade Multiple System
DOLLAR ANTIMONY PROJECT HIGH-GRADE MULTIPLE SYSTEM CRITICAL METAL PROJECT evresources.com.au | ASX: EVR Sources: 1 ASX Announcement "High-grade Antimony, Copper and Silver confirmed at Dollar" dated 27 Jan 2026. 18
Slide 19: Milton Antimony Project: Proven, High-Grade Prospects
MILTON ANTIMONY PROJECT PROVEN, HIGH-GRADE PROSPECTS FOR US DOMESTIC SUPPLY MILTON ANTIMONY PROJECT HISTORICAL PRODUCTION 30 tons at avg 40% Sb. Historical assays up to 20.77% Sb from stockpiles and 12% Sb in workings1. POTENTIAL ANTIMONY HUB ~80km from DoD Critical Minerals Storage and Army Depot o
Slide 20: Milton Antimony Project: High-Grade Critical Metals
MILTON ANTIMONY PROJECT HIGH-GRADE CRITICAL METALS-STRONG SYNERGIES evresources.com.au | ASX: EVR Source. ASX Announcement "High-Grade Critical Metal Results Enhance US Pipeline" dated 28th Jan 2026 20
Slide 21: Work Programs and News Flow Catalysts
WORK PROGRAMS AND NEWS FLOW CATALYSTS
Slide 22: Near-Term Catalysts
NEAR-TERM CATALYSTS MULTIPLE VALUE ACCRETIVE CATALYSTS TO DRIVE VALUE CREATION PROJECT CY26 Q1 Q2 Q3 Q4 Grinding Circuit Refurbishment & Dry Tecomatlán Commissioning Processing Plant Pilot Plant Upgrade/Commissioning & First Sb Concentrate Securing Feedstock Supply Agreements Phase 2 Flotation Engin
Slide 23: Corporate Overview
CORPORATE OVERVIEW
Slide 24: Corporate Snapshot
CORPORATE SNAPSHOT SHARES ON ISSUE BOARD & MANAGEMENT 3.04B 100+ YEARS COMBINED EXPERIENCE SHANE MENERE MIKE BROWN JUSTIN WERNER OPTIONS & PERFORMANCE RIGHTS Non-Executive Managing Director Non-Executive 1.30B Chairman & CEO Director • 25+ yrs mining executive & • 30+ yrs international mining & • MD
Slide 25: Appendix
APPENDIX APPENDIX
Slide 26: Asset Portfolio
ASSET PORTFOLIO LOS LIRIOS TECOMÁTLAN DOLLAR MILTON DON ENRIQUE ESTRELLA ANTIMONY PROCESSING ANTIMONY ANTIMONY COPPER COPPER PROJECT PLANT PROJECT PROJECT PROJECT PROJECT COMMODITY FOCUS COMMODITY FOCUS COMMODITY FOCUS COMMODITY FOCUS COMMODITY FOCUS COMMODITY FOCUS Antimony Antimony Antimony Antimo
Slide 27: Contact
CONTACT Mike Brown Managing Director and CEO Tel: +61 8 6489 0600 E: info@evresources.com.au