Vantage Metals Limited · ASX:VAN
Vantage Metals — Belararox — Investor Presentation (May 2026)
16 slides from Vantage Metals's investor presentation, May 2026
Slide 1: Targeting Tier-1 Copper Discoveries
Targeting Tier-1 Copper Discoveries In San Juan, Argentina and Botswana’s Kalahari Belt ASX:BRX | belararox.com.au Investor Presentaton May 2026
Slide 2: Disclaimer and Competent Person Statement
Disclaimer and Competent Person Statement Disclaimer Competent Person Statement Belararox Limited (”The Company”) does not purport to give financial or investment advice. No account has been Mr Chris Blaser is General Manager – Exploration of Belararox Ltd and is a Competent Person who is a Member o
Slide 3: Three Take Home Messages – what to remember
Three Take Home Messages – what to remember Location News Flow Copper We are only exploring in 12 month news Demand Drivers (AI data Tier 1 Jurisdictions and are flow cycle based on centres etc), Constrained surrounded by Majors BHP, exploration timelines supply – 30% shortfall by 2035 Barrick, MMG
Slide 4: Two extensive Projects in the World's Most Sought-After Copper Belts
Two extensive Projects in the World's Most Sought-After Copper Belts TMT Project (Argentina) Kalahari Copper Project (Botswana) Highly prospective 342 km² landholding with District-scale (3,900 km²) landholding targeting significant copper/gold porphyry targets and sediment-hosted copper strategical
Slide 5: Corporate Overview – Low Market Cap, Robust Cash, Experienced Team
Corporate Overview – Low Market Cap, Robust Cash, Experienced Team CAPITAL STRUCTURE BOARD OF DIRECTORS With a market capitalisation value of circa $20.0 million and Mr. Neil Warburton Mr. Warburton has over 45 years of experience in senior corporate roles and operating large mining and contracting
Slide 6: TMT Project Update
TMT Project Update Picture taken from the TMT camp ~3300m asl, looking towards Toro South 6
Slide 7: TMT Project – On the Doorstep of Supergiants
TMT Project – On the Doorstep of Supergiants BRX is prioritising capital efficient, shallow epithermal Chile exploration at Toro Central to deliver further near-term Argentina VICUÑA DISTRICT – BHP/Lundin discovery success, while vectoring towards district-scale (Filo del Sol and Josemaria, combined
Slide 8: Drilling High-Grade Silver Discovery at Toro Central — Drilling Ongoing
Drilling High-Grade Silver Discovery at Toro Central — Drilling Ongoing • Recent drilling intersected 47m @172g/t Ag (including 27m @291g/t Ag from 59m) at Toro Central, with additional drilling ongoing targeting similar mineralised structures • Additional intersection in the same hole returned 48m
Slide 9: Tambo South: Copper Mineralisation Open in All Directions
Tambo South: Copper Mineralisation Open in All Directions • First pass drilling at Tambo South intersected multiple copper mineralised intervals • Mineralised zones at Tambo South remain open laterally and at depth • MT/IP survey results highlight further copper porphyry potential • Field mapping an
Slide 10: Kalahari Copper Project: Full Reset, New Program Underway
Kalahari Copper Project: Full Reset, New Program Underway Kalahari Copper Project (100% BRX) Complete Reset Poised to Deliver Significant Growth Kalahari Copper (KC) project in Incoming exploration team with a Active exploration program imminent Botswana - a region hosting successful track record in
Slide 11: Proven Three-Step Exploration Methodology Commencing Now
Proven Three-Step Exploration Methodology Commencing Now Airborne Electromagnetic Survey (AEM) • Locate carbonaceous marker horizon 1 • Develop drill targets in northern tenements PL2743, PL0773, PL0770 and PL0299 Detail Magnetic Interp • Tighter line spacing to better define subtle 2 continuations
Slide 12: Near-Term Catalysts Across Both Projects Through 2026
Near-Term Catalysts Across Both Projects Through 2026 TMT PROJECT - ARGENTINA Apr May Jun Jul Aug Sep Oct Nov Dec Jan 2027 Civils Relogging/Reinterpretation and New Target Generation Drilling Drilling - Toro and New Targets Assays - remaining Toro 2025/26 drilling Assays KC PROJECT - BOTSWANA Apr Ma
Slide 13: Three Take Home Messages – what to remember
Three Take Home Messages – what to remember Location News Flow Copper We are only exploring in 12 month news Demand Drivers (AI data Tier 1 Jurisdictions and are flow cycle based on centres etc), Constrained surrounded by Majors BHP, exploration timelines supply – 30% shortfall by 2035 Barrick, MMG
Slide 14: Contact
Contact CONTACT Will Dix Chief Executive Officer will.dix@belararox.com.au Fiona Marshall White Noise Communications Fiona@whitenoisecomms.com www.belararox.com.au This presentation has been authorised for release by the Board of Directors.
Slide 15: Company Projects Overview
Company Projects Overview Toro-Malambo-Tambo (TMT) Project Located in the San Juan Province of Argentina, the project spans over 320 km2 and is located in an underexplored gap between two world-class metallogenic belts, the El Indio Kalahari Copper Belt and Maricunga belts in the Central Andes. Thes
Slide 16: Copper: Structural Supply Deficit Meets Surging Multi-Sector Demand
Copper: Structural Supply Deficit Meets Surging Multi-Sector Demand Demand Drivers o AI data centres forecast to consume an average of 400,000 tonnes of Global Cooper Market: 2035 Projection copper per year over the next decade, contributing to a projected 6 million-tonne global supply shortfall by