Benz Mining Corp. — Investor Presentation 2026

Mar 16, 2026

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Unlocking Australia’s next multi-million-ounce gold district.

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Disclaimer

AND FORWARD-LOOKING STATEMENTS

This presentation contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words “Expect”, “Anticipate”, “Continue”, “Estimate”, “Objective”, “Ongoing”, “May”, “Will”, “Project”, “Should”, “Believe”, “Plans”, “Intends” and similar expressions are intended to identify forward-looking information or statements. More particularly and without limitation, this presentation contains forward looking statements and information concerning the expected activities of Benz Mining Corp. The forward-looking statements and information are based on certain key expectations and assumptions made by Benz Mining Corp. Although Benz Mining Corp. believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because Benz Mining Corp. can give no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward-looking information for anything other than its intended purpose. Benz Mining Corp. undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

The Mineral Resource Estimate for the Eastmain Gold Resource in this announcement was reported by the Company in accordance with ASX Listing Rule 5.8 on 24 May 2023. The information in this announcement that relates to the Mineral Resource Estimates for Glenburgh and Mt Egerton was first reported by the Company in accordance with ASX Listing Rule 5.8 on 6 November 2024. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and confirms, in relation to the Mineral Resource Estimates, that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. Exploration results have been reported in accordance with ASX Listing Rule 5.7 on 6 November 2024, 3 April 2025, 28 April 2025, 30 June 2025, 31 July 2025, 4 August 2025, 20 August 2025, 11 September 2025, 17 September 2025, 14 October 2025, 8 December 2025, 28 January 2026 and 17 March 2026. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcements. Please see Appendix 1 for further information regarding the Mineral Resource Estimates. This presentation has been authorised for release by the Board of Benz Mining Corp. and is current as at March 2026.

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The New Frontier

PALEOPROTEROZOIC (CA. 2000MA) METAMORPHIC BELT AT THE NORTHERN MARGIN OF THE YILGARN CRATON

District-scale footprint in WA ~2165km² land position across underexplored Paleoproterozoic rocks in the Gascoyne.

"Special Forces” geology team, now a small army

Ex-AngloGold, ex-Barrick, exSandfire, ex-IGO, ex-Gold Road geologists. A formidable team.

Proven discovery record

2025 proved the models. Glenburgh now rapidly growing with every meter drilled.

Multi-million-ounce potential

Two deposits suited to bulk open pit + High Grade UG lenses + potential Mt Egerton satellite operation.

Ongoing catalysts

A$96M in cash, multiple drill rigs turning since start of January 2026. Mt Egerton drilling.

Advanced permitting

Mining Lease, Clearing Permit, access road, borefield and water license. Native title agreements.

Early-stage development assessments progressing in parallel

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Glenburgh: Rare, District Scale Opportunity

A NEW 80KM MULTI-MILLION-OUNCE GOLD DISTRICT IN THE MAKING, BENZ HOLDS THE KEYS TO THE ENTIRE BELT

High Priority Targets

Outcropping targets defined over 18km strike extent.

Focussed exploration and resource expansion drilling within 12km granted Mining Lease.

District Exploration Upside

Portfolio of underexplored tenure in Paleoproterozoic rocks across the Gascoyne region.

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0m

1000m 2000m

Glenburgh: A Growing Gold District

12KM GRANTED MINING LEASE, THREE 2-3KM CAMPS

The Three Camps

Hurricane Camp

Hurricane Camp

Hurricane, Zone 102, the high-grade Zone 126 , NE3, and emerging exploration targets.

Icon Camp

Icon Camp

Bulk moderate grade Icon and Tuxedo , and resource extension targets at Apollo, Mustang, and Shelby.

Thunderbolt Camp

Thunderbolt and Torino prospects.

Thunderbolt Camp

Strong geological analogue to Icon and Hurricane Camps with potential to grow to same scale. Untested by Benz drilling.

Main focus of work: Piston Formation

Biotite rich gneissic rock derived from metasediments, amphibolite ultramafic rocks (gabbro/dolerite/basalt), chert and magnetite formations (Gasket Member). Typical gold host-rocks now metamorphosed to granulite facies.

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Glenburgh: A Project With Scale

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Thunderbolt Camp
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Icon Camp
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Hurricane Camp
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Results released: 6 Nov 2024, 3 April 2025, 28 April 2025, 30 June 2025, 31 July 2025, 20 Aug 2025, 11 Sept 2025 and 8 Dec 2025

Icon Camp: Multi-Million Ounce Potential

BULK TONNAGE OPEN-PIT POTENTIAL

200m @1.0 g/t

Confirms Icon as a large-scale bulk-tonnage gold system.

Close spaced infill drilling is proving to be a powerful discovery tool at Glenburgh, revealing high grade gold missed by the earlier 40-80m drill spacing.

Mineralisation now defined to ~500m depth.

3km in length, up to 400m wide.

Potential for low-strip open pits.

High grade lens emerging with infill drilling

• 13m @ 29 g/t Au

• 9m @ 28 g/t Au

• 17m @ 11 g/t Au

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Results released: 6 Nov 2024, 4 Aug 2025, 20 Aug 2025 and 28 Jan 2026

A Geology Driven Company

NOT REPEATING THE SINS OF THE PAST

Resource modelling honoring Glenburgh’s folded and metamorphosed geometry, for the first time.

Allowing high grade assays to link up, putting ounces into the model that would have otherwise been missed.

Televiewer provides structural insight in RC holes, for a fraction of the cost of diamond drilling. Creating a digital ‘core’ library.

Tight folding: more complex geometry but increases the ounces per vertical metre.

Recrystallisation of gold during high-grade

metamorphism: improves metallurgical recoveries compared to many non-metamorphosed deposits.

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Example of downhole televiewer digital ‘core’ image
(distorted). Structural measurements, texture and
geometry information support 3D modelling.
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1 1. Drill Data

The Benz Method: Integrating Three Critical Datasets To Build An Accurate Resource Model

PAST EXPLORERS MISSED THE FOLDED ORE GEOMETRY BY MODELLING WITH INCOMPLETE DATASETS

2 Structural Information

Multi Element 3 Lithogeochemistry

Extensive RC drilling to the optimum spacing to correctly definine mineralised zones.

Photon gold assays used to deliver the most accurate gold analysis.

Downhole televiewer data to measure structural orientations in RC holes.

Confirmatory diamond drilling to validate and refine the structural framework.

Essential to correctly define the folded geometry of the ore body.

Multielement analysis on every sample.

Defines mineralisation halos and geological controls.

Strong association identified with tungsten, sulphur and silver pathfinder elements.

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The Benz Method: Proof Point, Icon

ILLUSTRATIVE EXAMPLE OF WHAT HAPPENS WHEN YOU APPLY THE BENZ METHOD. THE THREE KEYS UNLOCK THE SYSTEM

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1 Drill Data
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2
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Structural Information

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Multi Element
3
Lithogeochemistry
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Historical model

New model following Benz Method

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Broad drill spacing + limited
structural interpretation
→ Fold hinges missed
→ Mineralisation continuity not
captured in the model
Plan View
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Closer spaced drilling +
structural interpretation +
lithogeochemistry
→ Accurate modelling of
fold-controlled gold lenses
→ Significantly more
volume captured in the
model
Plan View
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The Benz Method- Geology First

CORRECTLY MODELLING FOLD-CONTROLLED GOLD LENSES CAN MATERIALLY INCREASE CONTAINED OUNCES COMPARED WITH SIMPLE PLANAR INTERPRETATIONS.

Fold Geometry Controls the Glenburgh Deposit

Glenburgh mineralisation occurs within isoclinal and ptygmatically folded granulites .

Thickened fold hinges host higher-grade gold lobes .

This geometry is observed from outcrop scale through to deposit scale .

Resource models must honour these folded geometries to correctly represent mineralisation continuity.

Typical Folded Geometry At Glenburgh

New model following Benz Method

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Plan View
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Glenburgh 2026 Drill Strategy: +250,000m Planned

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Historical Drilling Line
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Thunderbolt Camp

Undrilled by Benz

Historical drilling tested to <100m depth.

Geologically analogous to Icon and Hurricane Camps.

Thin cover has masked additional targets from historical surface sampling.

Enormous growth opportunity

Systematic drill testing to ~500m planned in 2026.

Icon Camp

Icon and Tuxedo

Drill tested to ~500m depth and1km along strike.

Bulk open-pit mining potential

Broad 100-300m moderate-grade mineralised intercepts defining a geometry conducive to potential bulk open-pit mining scenarios.

2026 drilling plan

Systematic drill testing of the full~3km Icon Camp to 500m depth.

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Historical Drilling Line
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Historical Drilling Line
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Hurricane Camp

Zone 126

Defined to ~800m depth and 1km along strike and still open

Core of high-grade gold mineralisation

Geometry conducive to potential bulk underground-style mining.

Hurricane drill testing underway

Along strike from z126 and represents potential for the next z126 style discovery

NE3

Parallel mineralised trend showing potential for another high-grade discovery

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Mt Egerton: Ultra-high grade truckable ounces

BACK ON THE RADAR: STRUCTURAL THEORY CONFIRMED AGAIN

Two granted mining leases & exploration licenses 179.59 km² in the Gascoyne province, ~220km NW of Meekatharra.

Home to the historical Hibernian Gold Mine Mined in 1912 to 1953.

Exceptional high-grade intercepts

Limited drill testing down to ~200m depth:

• 9m @ 107.2g/t Au 4m @ 75.3g/t Au 4m @ 91.9g/t Au 11m @ 42.5g/t Au

8km underexplored strike extension to the Hibernian trend under shallow cover.

Initial Mineral Resource Estimate.

0.28Mt @ 3.1g/t Au for 27,000 oz[1] (open pit)

Potential as a satellite operation, trucking distance of Glenburgh (170km) and Meekatharra (220km).

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1See ASX announcement dated 6 November 2024

Mt Egerton: Ultra-high grade Kilkenny Discovery

TSXV: BZ, ASX: BNZ 1See ASX announcement dated 6 November 2024

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Mt Egerton: Exploration Upside

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1See ASX announcement dated 6 November 2024

Be part of history

DISTRICT MAKING SETUP OWN THE BELT

SPECIAL FORCES GEOLOGY TEAM

GLENBURGH IS NO ORDINARY DISCOVERY

A new multi-millionounce gold district in the making

An opportunity to own the entire gold corridor, < 20% explored across 80km

“Seal team 7” of geos assembled, drawn to the project’s quality

Relentless drilling + A$96M = consistent news-flow.

Step-outs + discovery drilling as new fold & plunge targets are defined and drilled.

Scale growth: bulk, low-strip open-pit potential + high-grade UG upside.

De-risked milestones: mining lease / access & metallurgy (> 94% CIL recoveries).

District narrative crystallises as the belt continues to open up.

Recent drilling confirms Mt Egerton ultra-high grade satellite operation optionality

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Every metre strengthens our conviction: we’re on to something big at Glenburgh

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Team

A GEOLOGICALLY DRIVEN COMPANY WITH A TRACK RECORD OF GOLD DISCOVERY AND DEVELOPMENT

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Mark Lynch-Staunton

Chief Executive Officer

Formerly with Barrick Gold Corporation before joining Benz in 2023.

Seasoned mine builder responsible for the feasibility & re-commissioning of the multi-millionounce Bulyanhulu Gold Mine. A proven track record of delivering results combining technical expertise and project management.

Ben McCormack

Principal Consulting Geologist

Expert Consultant to Benz Mining, a specialist in structural geology and exploration in high-grade metamorphic gneiss. Ex-Tropicana Gold Project.

~~Board~~

Evan Cranston Executive Chairman

Nick Tintor

Non-Executive Director - Canada

Mathew O’Hara

Non-Executive Director

Peter Williams

Non-Executive Director

Nick Jolly

Non-Executive Director

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Corporate

BACKED BY THE BIGGEST AND BEST

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Significant Ownership Capitalisation Research Coverage
Benz Mining Corp. TSXV: BZ | ASX: BNZ Firm Analyst
Kyle De Souza
CDIs/Shares on Issue 323.9
Paul Howard
Board,
Management & Market Capitalisation ($3.02ps) $977.0M
Related Parties Brandon Gasper
Cash (at 31 Jan 2026) [1] $94M
Patrick Streater
1 Year Share Price
3.5
3
2.5
2
1.5
1
0.5
0
Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
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1. ASX Announcement: 29 Jan 2025 'Transformational A$75 Million Bought Deal'
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Glenburgh Unlocking Australia’s next multi-million-ounce gold district.

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FOR FURTHER INFORMATION CONTACT INFO@BENZMINING.COM

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Mineral Resource Summary

Eastmain Gold Project[1]

Category	Tonnes (Mt)	Au (g/t)	Au Metal (Koz)
Indicated	1.3	9.0	384
Inferred	3.8	5.1	621
Total	5.1	6.1	1,005

Glenburgh Gold Project[2]

Glenburgh Gold Project2
Category	Tonnes (Mt)	Au (g/t)	Au Metal (Koz)
Indicated	13.5	1.0	430.7
Inferred	2.8	0.9	79.4
Total	16.3	1.0	510.1
Mt Egerton Gold Project2
Category	Tonnes (Mt)	Au (g/t)	Au Metal (Koz)
Indicated	0.23	3.4	25
Inferred	0.04	1.5	2
Total	0.28	3.1	27

1. See ASX announcement dated 24 May 2023

2. See ASX announcement dated 6 November 2024

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Eastmain, Quebec

1 Moz gold open in all1MOZ GOLD OPEN IN ALL DIRECTIONS WITH A LOT FURTHER TO GO

Project overview

Eastmain has strong potential for growth

With areas that are still underexplored, we will continue to use advanced targeting techniques to identify new high-grade zones.

Maiden JORC Resource delivered

1,005,000 ounces at 6.1g/t Au, including 384,000 ounces of Indicated material at 9.0g/t Au[1]

Substantial extensional potential numerous DHEM and FLEM/VTEM conductors to follow high-grade shoots

Next steps

Resource is open in all directions

Finalise detailed regional exploration targeting study

Initiate Mine scoping studies

1. See ASX announcement dated 24 May 2023

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