Zenith Minerals Limited · ASX:ZNC
Zenith Minerals — Investor Presentation (September 2025)
24 slides from Zenith Minerals's investor presentation, Aug 29, 2025
Slide 1: Going for Gold – Investor Presentation
For personal use only ASX:ZNC Going for Gold Investor Presentation September 2025
Slide 2: Disclaimer and Important Notices
Disclaimer and Important Notices Important Information Zenith Minerals Limited (ASX: ZNC) ACN 119 397 938 ("Zenith" or the "Company") is the issuer of this presentation. Not a Disclosure Document or Offer This presentation is not a disclosure document for the purposes of Chapter 6D of the Corporatio
Slide 3: Investment Highlights
Investment Highlights Going for Gold – Focused on pursuing resource growth and gold production at the newly consolidated Dulcie Gold Project, located on a series of MLs in WA(1) JORC MRE of 302koz Inferred at 1.15g/t Au (8.2 Mt @ 1.15 For personal use only g/t Au for 302,000 oz at 0.5 g/t Au cut-off
Slide 4: Corporate Overview
Corporate Overview Capitalisation Summary Asset Overview Ticker ZNC Project Ownership % Note For personal use only Shares on Issue (m) 529.5 Consolidated Dulcie 100% 302 koz Gold Resource (3) Gold Project Share Price1 (A$/sh) 0.058 Red Mountain Gold 100% Wide zone of mineralisation Market Capitalisa
Slide 5: Strong, Experienced Board and Management
Strong, Experienced Board and Management Andrew Smith Stan Macdonald Euan Jenkins Managing Director/CEO Non-Executive Director Non-Executive Director For personal use only Since 2024 Since 2007 Since 2024 Andrew Smith is a Stan Macdonald has Euan brings 31 years of seasoned mining executive extensiv
Slide 6: Zenith – Asset Overview
Zenith – Asset Overview Going for Gold: Zenith is highly focused on its 100%-owned, newly consolidated Dulcie Gold Mt Wright-style intrusion- Project, located on granted Mining Leases in related gold system (IRGS) For personal use only Deep drilling underway the Southern Cross - Forrestania region o
Slide 7: Consolidated Dulcie Gold Project
Consolidated Dulcie Gold Project Strategic Location & Infrastructure • Strategically consolidated tenure, including 100%-owned DFN Mining Lease and newly acquired subsurface rights at Dulcie (4), all benefiting from direct sealed-road access and located circa 30km from the operational Marvel Loch Pl
Slide 8: Upcoming ~12,000m Drilling Programme – Key Targets
Upcoming ~12,000m Drilling Programme – Key Targets Dulcie Far North (DFN): • Potential update to the existing Inferred Mineral Resource (8.2Mt @ 1.2 g/t Au, 302,000 oz) through systematic infill and extension drilling. For personal use only • Confirm continuity of known mineralisation, targeting bot
Slide 9: Dulcie Far North Gold Project – Regional Next steps
Consolidated Dulcie Dulcie Far North Gold Project - Regional – Next steps Opportunity Zenith has a proven track record of executing efficient, cost-effective, and timely drilling programs within the Dulcie Gold region, providing strong confidence in the Company's forward strategy. The Company is now
Slide 10: Strategic Acquisition of Dulcie Subsurface Rights
Strategic Acquisition of Dulcie Subsurface Rights Transformational Footprint Expansion: In June 2025, Zenith secured exclusive subsurface exploration and mining rights (below 8m depth), immediately south and along strike of the Dulcie Far North MRE, consolidating a substantial and strategically sign
Slide 11: Red Mountain – A Tier-1 Gold & Critical Minerals Discovery Target
Red Mountain – A Tier-1 Gold & Critical Minerals Discovery Target ~3,000m “Deep Diamond drilling” programme currently underway to test high priority targets (5). For personal use only Strategic Location: Red Mountain is located in Queensland’s Auburn Arc – a proven gold province hosting multi-millio
Slide 12: Red Mountain – Exciting Results to Date, Still Wide Open
Red RedMountain MountainGold-Silver – Exciting – Exciting Results to Results date, still wide open to Date but Still Wide Open Intrusion-Related Gold System (IRGS) • Gold hosted in rhyolite units flanking a breccia pipe. • Drilling (RC/DD) has produced shallow, high-grade gold intercepts For persona
Slide 13: Mt Wright Analogue – Deep Diamond Drilling Objectives
MtRed Wright -Analogue Mountain– forDiamond Deep Red Mountain Drilling Objectives Intrusion-Related Gold System (west) • Test down-dip extension of open, broad gold zone (129 m @ 0.51 g/t Au from 225m) which is For personal use only broadening at depth. • Targeting increasing gold grades and breccia
Slide 14: Why Invest
Why Invest Going for Gold | Zenith is 'going for gold' at the newly consolidated Dulcie Project, with a planned ~12,000m drill campaign commencing in late-September to build towards the Exploration Target of ~0.3–0.8 Moz Au (10–24 Mt @ 0.9–1.1 g/t Au) Au at the Project. For personal use only Driving
Slide 15: Appendix
For personal use only APPENDIX
Slide 16: Two Western Australian Lithium Projects
Two Western Australian Lithium Projects For personal use only Split Rocks (Rio Lithium Project) • JORC Resource: Inferred Resource of 11.9Mt @ 0.72% Li₂O (0.5% Li₂O cut- off), strategically located near Mt Holland Lithium Mine.1 • Best Intersections: 26m @ 1.2% Li₂O, 10m @ 1.7% Li₂O, and 13m @ 1.9%
Slide 17: Rio Lithium Project (Split Rocks, WA)
Rio Lithium Project (Split Rocks, WA) • Rio Lithium Resource: Maiden Inferred Mineral Resource estimate reported at a 0.5% Li₂O cut-off; resource remains open at depth and along strike. • Drilling Success: Zenith completed targeted lithium drilling at Split Rocks, intersecting 27m @ 927ppm Li₂O from
Slide 18: Auburn Gold Prospect
Auburn Gold Prospect Located in a Highly Prospective Gold Belt • Situated within the Auburn portion of the Connors-Auburn Arc, part of the New England Orogenic Belt, which hosts major gold and base metal deposits. For personal use only • Proximity to Cracow Epithermal Gold Deposit (multi-million oz)
Slide 19: Privateer Gold Prospect
Privateer Gold Prospect Strategic Location in a Proven Gold Belt • 100%-owned project in Queensland’s Auburn portion of the Connors-Auburn Arc. • Region hosts significant gold deposits, including Cracow Gold Mine (multi-million oz), located 70km to the west. For personal use only High-Grade Gold Pot
Slide 20: Cowarra Gold Project – Forgotten gold mine in Lachlan Fold Belt
Cowarra Gold Project – Forgotten gold mine in Lachlan Fold Belt Location & Ownership • Located in the Lachlan Fold Belt, New South Wales, a region renowned for high-grade gold deposits. For personal use only • Zenith holds a 26% stake in Oxley Resources (a private company with low cash burn), ensuri
Slide 21: Additional Zinc Exposure via Earaheedy JV – Free Carry
Additional AdditionalZinc ZincExposure Exposurevia viaEaraheedy JV––Free Carry EaraheedyJV Free Carry • Strategic Zinc Exposure: Zenith holds a 25% free-carried interest (through to completion of Bankable Feasibility Study) in the Earaheedy Zinc JV with Rumble Resources (ASX: RTR), initially announc
Slide 22: Competent Person Statement
Competent Person Statement The information in this presentation relating to Exploration Results for Dulcie Far North (DFN) and surrounding exploration activities, as well as the Exploration Target for the Consolidated Dulcie Gold Project, is based on information compiled by Mr Daniel Greene, a Membe
Slide 23: Consolidated Dulcie Exploration Target Statement
Consolidated Dulcie Exploration Target Statement Table: Consolidated Dulcie Exploration Target at a 0.5 g/t Au cut-off, excluding additional speculative or undrilled areas M tonnes Au grade g/t Au million ounces For personal use only Area Lower* Upper** lower upper lower upper Dulcie 8 17 0.9 1.1 0.
Slide 24: Australian-Focused Diversified Mineral Developer
For personal use only AUSTRALIAN-FOCUSED DIVERSIFIED MINERAL DEVELOPER Zenith Minerals Limited (ASX:ZNC) www.zenithminerals.com.au
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