Amara Minerals Limited · ASX:AM3
Amara Minerals — Adelong Gold — Shareholder Meeting (November 2025)
25 slides from Amara Minerals's shareholder meeting presentation, November 2025
Slide 1: AGM Presentation
ASX ADG AGM Presentation November 2025 adelonggold.com
Slide 2: Important Information
Important Information The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about and observe such restric
Slide 3: Our Australian Gold and Antimony Projects Portfolio
Our Australian Gold and Antimony Projects Portfolio Apollo Gold and Antimony Project – 100% Interest Lauriston Gold and Antimony Project – 100% Interest 100% of EL006430 high-grade project 100% acquired from Great Pacific Gold Corp 102km² at north end of Walhalla Gold Belt Along strike from
Slide 4: Corporate Snapshot
Corporate Snapshot Corporate Shares on 52 week ASX Ticker Share Price Options Market cap Cash Issue trading range ADG A$0.011 2.56B 1.45B A$28.16M A$4.23M $0.004-$0.019 (27 Nov 2025) ($0.008 Exp May 29) (undiluted) (30 Sept 2025) Share Price Board of Directors and Executives MENA HABIB Non-Executive
Slide 5: Adelong Gold Project Grade is King
Adelong Gold Project Grade is King Robust Scoping Study1 (released in October 2022) shows the potential for a highly profitable, low-capital development producing ~20koz/annum High-Grade Mineral Resources1 Mineral Resources for the project of 1.82Mt at 3.2 g/t Au for 188koz (Measured + Indicated: 0.
Slide 6: Victorian Gold Projects Strengthen Australian Portfolio
Victorian Gold Projects Strengthen Australian Portfolio Apollo Gold and Antimony Project – 100% Interest Lauriston Gold and Antimony Project – 100% Interest Regional soil sampling Drilling underway with visible underway gold observed in 2nd hole Adjacent to known gold High-grade Au–Sb intercepts at
Slide 7: Apollo Significant gold intersections confirm mineralisation
Apollo Significant gold intersections confirm mineralisation Mineralisation Confirmed Maiden diamond drilling validates gold zones within Dig Fault Zone High-Grade Intercepts Broad mineralised zones identified beneath historical workings Model Validation Results reinforce geological model and underp
Slide 8: Apollo Strong gold intercepts from maiden program
Apollo Strong gold intercepts from maiden program … 10.9m @ 3.26 g/t Au from 69.1m in AA2504, including • 6.0m @ 5.36 g/t Au from 74.0m 27.0m @ 1.69 g/t Au from 255.0m in AA2501, including • 1.69 m @ 7.58 g/t Au from 263.31 m • 4.60 m @ 2.99 g/t Au from 267.00 m • 5.13 m @ 2.06 g/t Au from 276.87 m
Slide 9: Strongly supported by historical drill results
… strongly supported by historical drill results Notable drill results from Fosterville South Corporation (Great Pacific Gold Corp) include: GMDH26 5.8 metres at 18.4 g/t Au, including 4.6 metres at 22.68 g/t Au1 GMDH28 39.5 meters at 7.25 g/t Au, including 10.6 meters at 17.1 g/t Au GMDH30 27.6 met
Slide 10: Strongly supported by historical drill results
… strongly supported by historical drill results Notable drill results from Fosterville South Corporation (Great Pacific Gold Corp) include: GMDH26 5.8 metres at 18.4 g/t Au, including 4.6 metres at 22.68 g/t Au1 GMDH28 39.5 meters at 7.25 g/t Au, including 10.6 meters at 17.1 g/t Au GMDH30 27.6 met
Slide 11: Apollo Heyfield Reef Prospect shows high-grade Antimony-Gold potential
Apollo Heyfield Reef Prospect shows high-grade Antimony-Gold potential Significant Discovery Review of past work confirms high-grade antimony-gold potential Historical Data Results include 22 rock samples from 2019 and 16 drillholes completed in 2022 Exceptional Grades HFRC04: 3m @ 5.2 g/t Au + 3.4%
Slide 12: Apollo Regional soil sampling underway
Apollo Regional soil sampling underway Regional soil sampling commenced in October to test approximately 11km of strike along the Strathbogie Granite contact Broad-spaced program designed to identify structures analogous to those hosting mineralisation at Apollo Detailed soil and rock chip programs
Slide 13: Lauriston High-grade gold and antimony potential
Lauriston High-grade gold and antimony potential Large 287 km2 landholding within Victoria’s Bendigo Zone, along strike from Agnico Eagle’s Fosterville Mine Covers six exploration licences EL5479, EL6656, EL7044, EL7045, EL7048, and EL8054 Hosted in Ordovician sedimentary rocks of the Selwyn Block -
Slide 14: Lauriston Comet Discovery - Standout gold grades confirmed
Lauriston Comet Discovery - Standout gold grades confirmed Exceptional Grades Recent drilling returned standout intercepts, including: 8.0m at 104 g/t Au from 95m in hole CRC07 (including 2.0m at 413 g/t Au) 9.0m at 11.6 g/t Au from 97m in hole CDH01A (including 4.0m at 25.1 g/t Au) 5.9m at 15.4 g/t
Slide 15: Lauriston Comet – High-Grade Assays
Lauriston Comet – High-Grade Assays Validate Structural Gold System Prime Structural Position High-grade intercept occurs within core of Comet Anticline at fold axis, where Comet Fault zone junctions with this fold Strong Vein Mineralisation Gold hosted in robust quartz veining with abundant arsenop
Slide 16: Lauriston Comet – 4.5km Gold - Antimony Corridor
Lauriston Comet – 4.5km Gold - Antimony Corridor Revealed in Soils Aligned Gold–Antimony Anomalies Soil geochemistry shows gold distribution matching antimony trends Multiple Mineralised Corridors Three Au-As-Sb trends defined along the Comet Anticline - Comet, New Trojan and Antimony Adit Favourabl
Slide 17: Lauriston Comet – Antimony Sampling Confirms Au-Sb Mineralisation
Lauriston Comet – Antimony Sampling Confirms Au-Sb Mineralisation Systematic Sampling First dedicated antimony (Sb) sampling of historic diamond hole CND03 confirms high- grade Au-Sb mineralisation High-Grade Intercepts 0.89m @ 2.24% Sb and 1.00 g/t Au from 177.24m, including: 0.1m @ 10.3% Sb & 3.22
Slide 18: Lauriston Comet – Core Evidence Shows Consistent Multi-Commodity Upside
Lauriston Comet – Core Evidence Shows Consistent Multi-Commodity Upside Core tray photo of AA-283 (CND03, ~177.85m) showing Sb-bearing veining (stibnite) Core tray photo of AA-284 (CND03, ~177.46m) highlighting Sb-mineralised structures Structural Consistency Sb veining closely aligned with gold zon
Slide 19: Lauriston Drilling underway at Comet & Yankee/Trojan prospects
Lauriston Drilling underway at Comet & Yankee/Trojan prospects High-Grade Targets Up to 3,000m of drilling to follow up historic intercepts, including 8.0m @ 104 g/t Au (incl. 2.0m @ 413 g/t Au), and test additional prospects ~3km north Structural Focus Program designed to intersect high-grade miner
Slide 20: Lauriston Visible Gold Observed in Second Diamond Hole
Lauriston Visible Gold Observed in Second Diamond Hole with Assays Pending First two drillholes completed for a combined 444.6 metres Strong geology intersected including shearing, quartz Visible gold veining and sulphide mineralisation observed in AC2502 within brecciated quartz vein. The presence
Slide 21: Next Steps for Apollo and Lauriston Projects
Next Steps for Apollo and Lauriston Projects Funding in place to rapidly expand exploration and drilling activities at both our Victorian Gold and Antimony Projects Apollo Gold and Antimony Project – 100% Interest Lauriston Gold and Antimony Project – 100% Interest Regional soil sampling underway To
Slide 22: adelonggold.com
Ian Holland Mark Flynn Managing Director Investor Relations +61 428 397 245 +61 416 068 733 Ian.holland@adelonggold.com mark.flynn@adelonggold.com adelonggold.com Released with the Authority of the Board
Slide 23: Appendices
Appendices 23
Slide 24: Scoping Study Update 2022
Scoping Study Update 2022 An attractive “Stage 1” Project based on mining only existing Resources Summary of the financial analysis Various mining and Study relates to only (Based on A$2,650oz) processing options were considered with the final <50% SCOPING STUDY SUMMARY selection (Base Case) of JORC
Slide 25: Adelong Gold Project – Mineral Resources
Adelong Gold Project – Mineral Resources Table: Total JORC Resources for the Adelong Gold Project (>1g/tAu Cut Off) Challenger Gold Tonnes Grade(g/t Au) Gold (oz) Measured 60% 357,000 4.17 47,900 Indicated 23% 163,000 3.5 18,300 Inferred 17% 144,000 3.07 14,100 Total 100% 664,000 3.77 80,300 Currajo