Haranga Resources Limited · ASX:HAR
Haranga Resources — Investor Presentation (November 2026)
31 slides from Haranga Resources's investor presentation, Nov 9, 2026
Slide 1: Lincoln Gold Project – Investor Presentation
rsonal use only Lincoln Gold Project California’s Mother Lode Gold Belt HIGH-GRADE DEPOSIT EXISTING DECLINE & PERMITTED MILL MULTI-MILLION-OZ RESOURCE POTENTIAL Systematic redevelopment strategy with growth ambitions to 100,000 ounces per year ASX:HAR, FRA:65E0 Investor Presentation November 2026
Slide 2: Important Disclaimers
Important Disclaimers This presentation does not constitute investment advice. This presentation has been prepared by Haranga Resources Limited (“the Company” or ASX:HAR) to provide summary information about the Company and its activities as at the date of this presentation (9 November 2026). Neithe
Slide 3: Our Projects
Our Projects Haranga is focused on the systematic redevelopment of its flagship Lincoln Gold Project, while assessing strategic pathways to realise value from its Senegal gold and uranium assets. rsonal use only IBEL SOUTH GOLD — SENEGAL • High-grade and near-surface mineralisation, including select
Slide 4: Board & Capital Structure
Board & Capital Structure Experienced Board and Management Team focused on delivering maximum value for shareholders. Chairman & NEDs Management ASX Code HAR rsonal use only Michael Davy Patrick Mutz Share Price (06/11/2026) $0.058 Non-Executive Chairman Managing Director & CEO 20+ years in corporat
Slide 5: Lincoln Gold Project
rsonal use only Lincoln Gold Project Overview, the progress achieved to date and the development pathway
Slide 6: The Gold Opportunity
The Gold Opportunity The Lincoln Gold Project is superbly positioned for success. LINCOLN’S KEY STRENGTHS OUR OBJECTIVE rsonal use only Systematic redevelopment of the Lincoln Strong Gold Project as a sustainable gold producer. Fundamentals Positive O U R LO N G -T E R M A M B I T I O N Redevelopmen
Slide 7: Strong Fundamentals
Strong Fundamentals The Lincoln Project is endowed with key fundamentals for success. rsonal use only OWNERSHIP1 JURISDICTION1 HIGH-GRADE 100% 90+ years 5.1 g/t Au 6km of Haranga-controlled Mother More than 90 years historic gold Maiden Mineral Resources 2.46Mt @ Lode Belt, de-watered and powered pr
Slide 8: Established Infrastructure
Established Infrastructure Tails Filtration Shed rsonal use only Tailings Thickener Mine Portal Mine Decline Permitted Processing Plant Office & Maintenance Shop Crusher Ball Mill Knelson Separator Flotation Cells Gold Furnace ASX:HAR 8
Slide 9: Positive Redevelopment Advantages
Positive Redevelopment Advantages Lincoln’s strong fundamentals provide distinct project redevelopment advantages. rsonal use only Potential for lower Approximately A$90 million spent historically on existing site Capital capital costs1 facilities and associated infrastructure by previous project ow
Slide 10: JORC Resource & Exploration Target
JORC Resource & Exploration Target Solid Resource base supporting Lincoln redevelopment initiatives and future Resource expansions. JORC Resource – Lincoln Gold Project1 Volume Density Grade g/t rsonal use only Area Classification Tonnage Ounce Au m³ g/cm³) Au Lincoln-Comet Indicated 165,000 2.6 429
Slide 11: Where Access Meets High-Grade
Where Access Meets High-Grade1 The recently dewatered String Bean Alley decline (XC3-XC11) is immediately adjacent to large volumes of high-grade gold mineralisation, supporting mining studies and ready access to mineralised faces for mining. rsonal use only 1. Refer to ASX release, “Lincoln Gold Pr
Slide 12: Substantial Exploration Upside
Substantial Exploration Upside1 Haranga’s 6km mineral rights and Lincoln operating permits within the Mother Lode Belt provides multiple pathways to grow its high-grade Mineral Resources potentially to multi-million-ounces of gold. rsonal use only 1 Known mineralisation along ~6km strike 2 Conversio
Slide 13: From Acquisition to Redevelopment
From Acquisition to Redevelopment Since acquiring the Lincoln Gold Project in July 2025, Haranga has been steadily advancing the Project towards becoming a successful and sustainable American gold producer. Next Phase rsonal use only Redevelopment Acquisition Underground Drilling Resource > Planning
Slide 14: Next Steps Towards Redevelopment
rsonal use only Lincoln Gold Project Next Steps Towards Redevelopment
Slide 15: A systematic redevelopment plan
A systematic redevelopment plan Haranga is committed to the redevelopment of the Lincoln Gold Project. Focus has evolved to a systematic redevelopment pathway establishing a stronger rsonal use only foundation for sustainable and profitable operations and long-term shareholder value. Engineering Res
Slide 16: Processing plant redesign
Processing plant redesign Independent reviews identified equipment selection and capacity deficiencies1 rsonal use only Review findings Upgrade areas Key second-hand equipment in the circa 2012 plant was poorly matched to process Crushing Grinding Flotation requirements. Plant capacity substantially
Slide 17: Advancing to Preliminary Feasibility Study
Advancing to Preliminary Feasibility Study Work focus elevated from Scoping Study to PFS to accelerate redevelopment timeline. rsonal use only Current focus Early Works PFS FS Root cause analyses, Identify the study lead, Independent Feasibility metallurgical studies, specialist contractors and Stud
Slide 18: Drill Program Priorities
Drill Program Priorities PRIMARY OBJECTIVE rsonal use only Increase Confidence in Mineral Resources Current Resources Drilling objective Conditional outcome Targeted PFS / FS and drilling Predominantly Predominantly Modifying Factors Potential Inferred Resources Indicated Resources Ore Reserves Infe
Slide 19: Investment Opportunity: Why Invest in Haranga
rsonal use only Investment Opportunity Why Invest in Haranga
Slide 20: The Lincoln Gold Opportunity
The Lincoln Gold Opportunity The Lincoln Gold Project is superbly positioned for success. LINCOLN’S KEY STRENGTHS OUR OBJECTIVE rsonal use only Systematic redevelopment of the Lincoln Strong Fundamentals Gold Project as a sustainable gold producer. Positive Redevelopment Advantages O U R LO N G -T E
Slide 21: ASX Gold Explorer/Developer Peers
ASX Gold Explorer/Developer PeersA As of 3 November, Haranga is trading at A$51 EV/oz valuation and has the following attributes: Redevelopment Pathway One of Highest-Grade Gold Projects on the ASX Enterprise Value of ~25% of Historical Investment into Infrastructure Multi-Million Ounce Gold Potenti
Slide 22: Ibel South & Saraya Projects
rsonal use only Ibel South & Saraya Projects Unlocking shareholder value from our Senegalese portfolio
Slide 23: Ibel South Project
Ibel South Project • Located within the Kéniéba Inlier of the Birimian Formation, which has reported >40moz of gold in resources being mined or under development. rsonal use only • 80km SW of Sabodala–Massawa Gold Mine (operated by Endeavour Mining, Senegal’s largest producing gold mine, LSE:EDV), a
Slide 24: Saraya Uranium Project
Saraya Uranium Project1 Haranga 70% ownership Classification Tonnage Grade Contained eU3O8 Mt eU3O8 ppm Mlbs Tonnes rsonal use only Indicated 4.1 740 6.7 3,038 Inferred 10.4 475 10.9 4,946 Total 14.5 550 17.6 7,984 • ~80% of contained uranium within 140m of surface, amenable Figure: Plan view of the
Slide 25: Contact
ASX:HAR, FRA:65E0 rsonal use only Contact +61 8 6158 9990 Suite 7, 63 Shepperton Rd Victoria Park, WA 6100 info@haranga.com.au haranga.com
Slide 26: Appendix: Lincoln Gold Project Resource & Supporting Information
rsonal use only Appendix Lincoln Gold Project: Resource & Supporting Information
Slide 27: JORC Resource & Exploration Target
Appendix 1 JORC Resource & Exploration Target JORC Resource – Lincoln Gold Project1 Volume Density Grade rsonal use only Area Classification Tonnage Ounce Au m³ g/cm³) g/t Au Lincoln-Comet Indicated 165,000 2.6 429,000 6.6 91,000 Lincoln-Comet Inferred 410,000 2.6 1,068,000 5.4 184,000 Lincoln-Comet
Slide 28: Maiden JORC MRE: Platform for Growth
Maiden JORC MRE: Platform for Growth1 Lincoln Gold Project rsonal use only 6,000,000 10.00 Tonnes ≥ cut-off Average grade ≥ cut-off (g/t) 9.00 5,000,000 8.00 Grade (g/t Au) 4,000,000 JORC MRE 4.25g/t Au Cut-Off Tonnes (Applies 2g/t Au Cut-Off) 264koz @ 8.4g/t Au 7.00 402koz @ 5.1g/t Au 3,000,000 3.0
Slide 29: Maiden JORC MRE: Just The Beginning
Maiden JORC MRE: Just The Beginning1 rsonal use only Lincoln-Comet - Resource 1.5MT @ 5.72 g/t Au for 275koz Medean - Resource 0.96 MT @ 4.11 g/t Au for 127koz Figure: Unscaled oblique view of the Medean and the Lincoln-Comet mineralisation wireframes, with the South Spring Hill Exploration target a
Slide 30: Vectoring in: Repetitions at Depth
Vectoring in: Repetitions at Depth1 COMET Deep drilling from XC7 has already intersected gold mineralisation, supporting the potential for high-grade growth beneath the Stringbean Alley decline. rsonal use only What Lies Beneath? ❑ Hypothesis: Gold mineralisation may repeat at depth below the Lincol
Slide 31: Peer Comparison Supporting Information & References
Appendix 2 Peer Comparison Supporting Information & References Mineral Resources Source ASX Total Stage Company Name Measured Indicated Inferred Grade Code Resource (Moz) (Moz) (Moz) (Au g/t) Mineral Resources and Ore Reserves – ASX Announcements rsonal use only (Moz) Resource growth Benz Mining Cor
Haranga Resources — Investor Presentation (November 2026) on 6ix