European Resources Limited · ASX:ERE
European Resources — Investor Presentation (June 2026)
18 slides from European Resources's investor presentation, Jun 25, 2026
Slide 1: Rare Earth Elements in Finland, Precious Metals in Slovakia
ASX:ERE | FSE:1P80 ABN 24 602 043 265 Rare Earth Elements in Finland Precious Metals in Slovakia Investor Presentation 25 June 2026 europeanresources.com.au
Slide 2: Disclaimer
Disclaimer Cautionary statements The announcement and information, opinions or conclusion expressed in the course of These risks and uncertainties include, but are not limited to: (i) those relating to the this announcement contains forecasts and forward-looking information. Such forecasts, interpre
Slide 3: Company Overview
Company Overview • European projects 100% owned: • Finland critical mineral projects: o Korsnäs – rare earth elements (REEs) o Jokikangas – REEs and yttrium, niobium and hafnium • Slovakia precious metal projects: o Hodrusa – gold and sliver o Zlatno – copper and gold o Kolba, Nova Bana, Pukanec and
Slide 4: Capital Structure
Capital Structure ASX: ERE FSE: 1P80 694.9M $0.008 $6M Shares on Issue Share Price Market Capitalisation (at close 23 June 2026) $3.8M $2.2M Enterprise Value Cash (at 24 June 2026) Top 20 shareholders hold 42% of the Company 4 europeanresources.com.au
Slide 5: Board and Management
Board and Management Thomas Mann Non-Executive Chairman Marian Urban Country Manager - Slovakia Mr Mann has over 30 years’ experience in financial markets and global trade having Mr Urban graduated with a Masters of Economic Geology in Comenius University established a global trading corporation wit
Slide 6: EU is committed to a rare earths industry
EU is committed to a rare earths industry • Rare earth elements (REEs) listed among 14 of 17 critical minerals • 47 ‘Strategic Projects’ listed including in Finland • EU Critical Raw Materials Act aims to ensure European extraction, processing and recycling of ‘strategic raw materials’ including REE
Slide 7: REE prices on the rise
REE prices on the rise Recommended valuation price Element Symbol Oxide Applicable notes (US$/kg oxide) Lanthanum La La2O3 0.63 Base case; EXW China public quote basis. Cerium Ce CeO2 1.68 Base case; EXW China public quote basis. Magnet-case override using NdPr oxide benchmark proxy Praseodymium Pr
Slide 8: Finland rated #1 by the Fraser Institute
Finland rated #1 by the Fraser Institute • Stable and transparent regulatory framework • World-class geological data • Superior infrastructure • Reliable power grid with low electricity costs = A$0.07/KwH vs Australia A$0.33/KwH, California A$0.30/KwH, Brazil A$0.18/KwH • Skilled workforce and techn
Slide 9: Finland
Finland • Korsnäs REE project • Jokikangas REE+ project • Proximate to Neo Materials refinery (Estonia) Korsnäs Mine, 1959. 2024 Donation to the Korsnäs Mine Museum Korsnäs Mine Underground, 1960s. 11 European 9 europeanresources.com.au Resources.com.a u
Slide 10: Korsnäs REE Project
Korsnäs REE Project • Historic lead mine with REEs overlooked o Drill core from 471 historic diamond core holes preserved by GTK now sampled and assayed by European Resources • Three targets o Hard rock in situ material (see MRE below) o Tailings Storage Facility (TSF) - 0.72 Mt to 0.93 Mt @ 6,200 p
Slide 11: Korsnäs Mine Trend – One of Seven Trends open
Korsnäs Mine Trend – One of Seven Trends open February 2026: KR-316 thick, high-grade intercept and open to the south KR-316 results refer ASX announcement 24 February 2026 KR-062 results refer ASX announcement 26 March 2024 11 KR-192 results refer ASX announcement 5 September 2023 KR-036 results re
Slide 12: Korsnäs REE Project – Metallurgy advancing on multiple fronts
Korsnäs REE Project Metallurgy advancing on multiple fronts • PT Geoservices, GTK Mintec, Oulu University and ANSTO Minerals o Ore characterisation, ore screening and beneficiation, pre-leach optimisation and flotation work all underway • Korsnäs ore characterisation completed o REE host mineral mai
Slide 13: Korsnäs REE Project – Next Steps
Korsnäs REE Project – Next Steps • Test and refine Exploration Target through drilling – Autumn 2026 • Continue ANSTO downstream test work, focused on optimal REE extraction • GTK-Mintec flotation test work to improve TREO grade and support development of beneficiation flowsheet • Mini-pilot campaig
Slide 14: Jokikangas REE - Korsnäs Repeat
Jokikangas REE - Korsnäs Repeat Samples dispatched to Lab June 2026 – drilling mostly unsampled previously • Plan to repeat Korsnäs process of sampling new REE Zones – resource – metallurgy work – adding to the mainland EU pipeline of REE resources • Jokikangas project area doubled in size • Reporte
Slide 15: Slovakia – Gold-Silver Targets Of Mid-tier Scale
Slovakia – Gold-Silver Targets Of Mid-tier Scale Western Tethyan proposed drilling programs - a total of 54 holes for 10,000m+ Multiple 10 g/t Au + targets, subject to regulatory approvals and financing 15 europeanresources.com.au
Slide 16: ERE Investor Milestones – News Flow
ERE Investor Milestones – News Flow • Korsnäs REE Project o Metallurgical test work results to define Scoping Study - 2026/27 o Conversion of Components of New Exploration Target to a Mineral Resource Estimate – 2026/27 o Potential project footprint expansion - 2026/27 o Processing MOU’s/offtake if
Slide 17: Value Proposition
Value Proposition • Korsnäs REE Project o Successful metallurgical test work shows an economic pathway forward – Scoping Study planned o Continued exploration growth targeting significant resource • Jokikangas REE Project o Building another REE project in Finland • Slovakia o Upside from drillable t
Slide 18: Kiitos Tack Thank You
ASX:ERE | FSE:1P80 ABN 24 602 043 265 Kiitos Tack Thank You Contact us for further information: Jason Beckton j.beckton@europeanresources.com.au +61 (0) 438 888 612 Corporate +61 2 9300 3333 Vist our website: EuropeanResources.com.au Follow us on LinkedIn: Image: All core is @europeanresources-limit
European Resources — Investor Presentation (June 2026) on 6ix