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CUFE LTD — Investor Presentation 2026
Mar 1, 2026
64723_rns_2026-03-01_aca777f6-8d44-421b-9a70-8dbf2e6bff73.pdf
Investor Presentation
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ASX ANNOUNCEMENT
2 March 2026
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CORPORATE PRESENTATION
CuFe Ltd (ASX: CUF ) ( CuFe or the Company ) advises that it has released an updated Corporate Presentation.
Executive Director Mark Hancock is travelling as part of Northern Territory government critical minerals delegation to the Prospectors and Developers Association of Canada ( PDAC ) convention in Toronto and will present at investor forums in New York and investigate critical mineral funding opportunities in Washington D.C.
A copy of the Corporate Presentation which will be used on this trip is attached to this announcement and can be viewed on the Company’s website. No new information is disclosed in the presentation.
Released with the authority of the CuFe Board.
For further information please contact:
Investor Relations +61 8 6181 9793 [email protected]
Follow us
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@CuFeLtd CuFeLtd
ASX: CUF
cufe.com.au
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About CuFe Ltd
Registered Office
For further information please contact:
32 Harrogate Street West Leederville WA
Investor Relations
T: +61 8 6181 9793 E: [email protected]
+61 8 6181 9793 [email protected]
Share Registry
Link Market Services Ltd Level 12, QV1 Building 250 St Georges Terrace, Perth WA 6000 www.linkmarketservices.com.au
Follow us
@CuFeLtd CuFeLtd
For further announcements please visit asx.com.au and cufe.com.au
ASX: CUF
cufe.com.au
ASX: CUF
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“North American Roadshow”
March 2026
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DISCLAIMER
This presentation has been prepared by CuFe Ltd (“CuFe” or the “Company”). It is not a disclosure document and should not be considered as an offer or invitation to subscribe for, or purchase any securities, in the Company or as an inducement to make an offer or invitation with respect to those securities. No agreement to subscribe for securities in the Company will be entered into on the basis of this presentation.
This presentation contains forecasts and forward-looking information. Such forecasts, projections and information are not a guarantee of future performance and involve unknown risks and uncertainties. Actual results and developments will almost certainly differ materially from those expressed or implied. CuFe has not audited or investigated the accuracy or completeness of the information, statements and opinions contained in this presentation. Accordingly, to the maximum extent permitted by applicable laws, CuFe makes no representation and can give no assurance, guarantee or warranty, express or implied, as to, and takes no responsibility and assumes no liability for, the authenticity, validity, accuracy, suitability or completeness of, or any errors in or omission, from any information, statement or opinion contained in this presentation.
Throughout this presentation all figures are quoted in A$ dollars unless otherwise stated.
You should not act or refrain from acting in reliance on this presentation material. This overview of the Company does not purport to be all inclusive or to contain all information which its recipients may require in order to make an informed assessment of CuFe Ltd's prospects. You should conduct your own investigation and perform your own analysis in order to satisfy yourself as to the accuracy and completeness of the information, statements and opinions contained in this presentation before making any investment decision.
Information in this presentation that relates to Exploration Results, Mineral Resources or Ore Reserves is based on previous announcements and reports made by CuFe (or other relevant parties) to the Australian Securities Exchange and to other statutory bodies.
This presentation does not constitute financial product advice (nor investment, tax, accounting or legal advice) and has been prepared without taking account of any person’s investment objectives, financial situation or particular needs.
ASX: CUF | 2
Corporate Snapshot
ASX-listed (CUF), Australia focused developer and explorer lead by an experienced board and management team with diversified portfolio ranging from mature projects to greenfield exploration
KEY PROJECTS AND INTERESTS
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Tennant Creek Copper : Mature copper development project (NT)
Bryah Basin Joint Ventures : Free Carried exploration JV’s at Forrest, Morck Well, Peak Hill (WA)
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Yarram Iron Ore : Advanced iron ore project (NT) Camp Creek: Greenfield exploration opportunity (NT) Robertson Range: Greenfield exploration (WA)
West Arunta Project: Greenfield exploration project (WA)
Tambourah Project: Early stage exploration project (WA) Nullagine Project: Early stage exploration project WA) North Dam: Early stage exploration project (WA)
OWNERSHIP
CAPITAL STRUCTURE
Gold Valley Group 24% European Lithium Limited 18%
Shares 1,740m Market Capital A$81m Cash (as at 31 January 26) A$6m Listed Options 132m Unlisted Options 189m Performance Shares** 46m
As at 24 February 2026
SHARE PRICE
As at 24 February 2026
- Exercisable at $0.025 expiring 13 June 2027
As at 24 February 2026 $0.047
- ** Various expiry and exercise prices
*** Vest at no cost on achieving approved market cap thresholds for agreed durations
BOARD AND MANAGEMENT
| Tony Sage | Executive Chairman | |
|---|---|---|
| Mark Hancock | Executive Director | |
| DavidPalmer | Non-ExecutiveDirector | |
| ScottMeacock | Non-ExecutiveDirector | |
| Matthew Ramsden | GM - Development | |
| SiobhanSweeney | Manager -Geology | |
| Catherine Grant-Edwards | Joint Company Secretary | |
| Melissa Chapman | Joint CompanySecretary |
ASX: CUF | 3
CuFe Projects
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ASX: CUF | 4
TENNANT CREEK COPPER / GOLD / BISMUTH
Holds material tenement package in rich copper / gold / bismuth producing mineral field
Ownership
- CuFe holds a 55% interest (including operatorship) over some 240km of highly prospective tenure at Tennant Creek in the Northern Territory ( Tennant Creek ) including Gecko and Orlando which were mined periodically between 1950’s to 1990’s with 255koz of gold and 127kt of copper sold
Project Overview
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Mature Cu-Au-Bi resources with favorable metallurgical properties, historically mined by both open cut and underground methods, ceasing in late 1990’s when copper and gold prices were less than 20% and less than 10% of today levels respectively
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Nearby infrastructure including Tennant Creek town rail corridor to Darwin Port including rail siding and power (existing grid and gas pipeline).
Resources
- JORC 2012 Mineral Resource* of 24.3 Mt @ 1.80% Cu and 0.56 g/t Au for 439kt Cu and 436k oz Au from the Orlando and Gecko deposits plus 18kt of Bi and 2Moz of Ag
Exploration and Development Potential
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Multiple Development options are being analysed based on the growing CuFe resource base. The Orlando Scoping study has demonstrated an open pit cut back can cover the capital costs of a processing plant and generate attractive value.
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Highly prospective for further resource growth from resource extensions and or new targets/discoveries.
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ASX: CUF | 5
- Refer to CUF announcement 24 November 2025
TENNANT CREEK – Orlando Scoping Study Standalone Development of Open Pit Scoping Study Highlights
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Orlando Open Pit Dec 2024
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Cross Section of the three stage cut back of the Orlando Open Pit
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ASX: CUF | 6
TENNANT CREEK – Orlando Scoping Study Standalone Development of Open Pit Cut Back
Scoping Study Highlights
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The development option studied includes:
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Three stage conventional open pit cut back
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Process Plant including flotation circuit with gravity gold producing a copper-gold concentrate.
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Construction of site infrastructure including tails dams, waste dump, evaporation dam, workshops, offices and power generation.
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Transport of concentrate to Tennant Creek rail siding for loading and railing to Darwin Port.
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NPV (undiscounted and pre tax) of $352M with an IRR of 57.43% (100% JV basis) based on long term Gold Price of USD2,200 / Oz and Copper of USD9,250/t (versus spot prices of USD 4,180 / oz and USD10,780/t)
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The study demonstrates the development costs of $136M, including $82M of process plant, can be supported by a low-risk open pit development.
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The study includes 78% Indicated and 22% Inferred Resource and does not include any of the underground Orlando resource or Gecko resource
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Revenue is sourced from copper and gold and does not include other potentially economic minerals such as bismuth and silver.
| Units | Value | |
|---|---|---|
| Waste Tonnage | Mt | 41.3 |
| Ore Tonnage | Mt | 3.5 |
| Copper Grade | % | 1.33 |
| Gold Grade | g/t | 1.8 |
| Copper (payable) | t | 39,425 |
| Gold (payable) | oz | 167,770 |
| Total Revenue | $M | $1,257 |
| Operating Cost | $M | $378 |
| Royalties | $M | $149 |
| Development Capital | $M | $136 |
| Sustaining Capital | $M | $78 |
| Net Cash Flow (undiscounted, Pré tax) | $M | 516 |
| NPV7% (pre tax) | $M | 352 |
| IRR (pre tax) | % | 57.43 |
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Feasibility study key study areas include, geotechnical, hydro, site infrastructure engineering, plant design, environmental and regulatory approvals.
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Refer to CUF announcement 29[th] July 2025
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TENNANT CREEK – Underground Studies Standalone Development of Open Pit Cut Back
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Historical underground mining at Orlando (1959-1975) and Gecko (1970-1999) occurred with metal prices in the order of $0.80 US$/lb and $300 US$/oz.
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Ore was classified as >2.5% copper with likely future cut off grades being around 1% Cu resulting in significant tonnage remaining in and around old workings.
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West
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East
West East
Historical Open Pit
Final Open Pit (Orlando Scoping Study)
Orlando Scoping study Final Open Pit
Underground Stopes
Potential Future
Underground Stoping
Historical Underground
Historical Underground Workings 100m Workings
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• Underground mine design is in progress for Orlando indicating development from the west stage of the final open pit using a truck decline and ore production utilising long hole open stoping.
Underground Mine Planning - Orlando Long section
ASX: CUF | 8
TENNANT CREEK – CRITICAL MINERAL BISMITH
One of Australia’s largest bismuth resources
Bismuth Review Highlights
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Technical review highlighted several significant Bismuth intercepts at Orlando including 10m at 1.52% Bi from 100m including 2m at 3.85% from 102m and 5m at 2.4% Bi from 102m from CuFe drilling and historical holes ORL98 and D58 that contain intercepts of 8m at 3.78% Bi from 87m in ORL98, and 8.8m at 2.45% Bi from 85.4m in D58.
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The fact that historical mined grades from Tennant Creek (including Gecko and Orlando) averaged 0.3% Bi illustrates the high-grade nature of these intercepts.
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Bismuth is one of a limited number of minerals included on the critical mineral lists of all of USA, EU, UK, India, South Korea and Japan, with current global production dominated by China who produces approximately over >80% of global supply. This led to dramatic price spikes when export restrictions were floated in 2025, with prices briefly approaching USD 200k / T
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- The Defence Logistics Agency of the United States (“DLA”) issued a tender in August 2025 to purchase Bismuth metal to stockpile as part of building a Strategic Minerals Reserve.
ASX: CUF | 9
TENNANT CREEK –EXPLORATION AND RESOURCE DEVELOPMENT Drill Targets are defined, government approvals received
Exploration Targets
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The large and broad tenement ( 220 km[2] ) positioned along the Warrego – Orlando/Gecko corridor provides opportunities to explore wider than the immediate resources more regionally using modern geophysical techniques.
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3 broad categories:
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Resource extensions, close out and improving confidence (resource category) of the current resources
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Testing existing near mine exploration targets
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Testing new “green fields” exploration targets
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CuFe has received government approval for over 200 holes and is formulating a drilling program to prioritise these, with drilling expected to commence in Q2 2026.
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Exploration Target Areas
ASX: CUF | 10
TENNANT CREEK ALLIANCE – DEVELOPMENT OPPORTUNITIES Joint Plant Pre-feasibility study in progress
Alliance Partners
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Collaboration with Emmerson Resources (ERM) and Tennant Minerals (TMS) to evaluate the potential viability of multiple processing options of copper-gold mineral resources/deposits including:
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CuFe Orlando and Gecko Resources
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ERM Jasper Hill and Hermitage
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TMS Bluebird
Study on new multi-use processing plan
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Study work streams:
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Resource and 3D modelling of the deposits
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Analysis of Processing Options including a multiuser plant
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Open pit and underground mine planning, mine design and scheduling
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Metallurgical testwork modelling, plant flow sheet design and sizing
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Operational Cost and Capital Estimates
Government Support
- TCA assisting NT Government with a funding grant jointly with the Federal Critical Minerals Productivity Initiative (CMNPI) $600k received
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ASX: CUF | 11
TENNANT CREEK – DEVELOPMENT AND CONSOLIDATION OPPORTUNITIES Multiple processing options emerging and corporate activity underway
Prime Strategic Positioning
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Several poly metallic deposits and projects are being actively developed and studied across the mineral field. CuFe’s resources sit in the middle of these, which are all within an 80km radius of Tennant Creek.
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Centralised processing has been successful historically across the mineral field and creates economic options for smaller, high grade resources of the type typically found at Tennant Creek.
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Late 2024 AIM and JSE listed Pan African Resources plc (which has a market cap in excess of A$5B) acquired the privately held Tennant Creek Mining Group (TCMG) who were progressing the restart of the Nobles Nob mine. PAR stated an objective of consolidating “stranded” third party resources and regional alliances and highlights CuFe projects.
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ASX listed Patronas Resources (PTN) has purchased an 8% interest CuFe’s alliance partner Emmerson Resources for $4.5m, noting the investment gives it “exposure to M&A activity in the highly prospective Tennant Creek district”.
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ASX: CUF | 12
Tennant Creek Project Low Risk Development Options
Project Attributes
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- Large tonnage, High grade Copper, poly metallic incl. Gold, Bismuth and Silver
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- Historical and Demonstrated Mineral Field
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Proximity to existing infrastructure
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Roads, Rail and Port
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Gas Pipeline
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Township, workforce, airport
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- Favorable Metallurgical recoveries and well tested technology
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Low Impact on Environment and Heritage and rehabilitation opportunities
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High Exploration and Resource growth Potential
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Existing Operations in production nearby, re-emerging province
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Gecko Headframe
ASX: CUF | 13
YARRAM IRON ORE PROJECT
Mature iron ore development opportunity with potential for low-cost production
Ownership
- CuFe holds a 50% interest (including operatorship) in the Yarram Iron Ore Project ( Yarram ).
Project Overview
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Yarram has a high-grade DSO resource* of 5.6MT @ +60% Fe and also contains low grade component of 7.1Mt that has the potential for upgrading/beneficiation.
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The Project is partially located on an existing mining lease on freehold land located ~110km from Darwin Port and adjacent to existing underutilised mining infrastructure.
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Favorable ore body geometry (strip ratio), short haulage distance and existing Port infrastructure all indicate potential for a low operating cost.
Development Options
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Studies are focusing on near term development options that have the lowest environment impact / lowest complexity environmental approvals pathway including:
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Prioritizing near-term production around the quickest and cheapest path to market within the current Mining Lease (MLN1163) from Captain Morgan
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Potential use of disturbed areas and infrastructure at neighboring Browns Copper Oxide mine that is in care and maintenance.
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Yarram Overview Map
Yarram Resource and Project Location
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- Refer CUF ASX release dated 28th February 2023 for JORC 2012 Yarram Resource
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ASX: CUF | 14
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CAMP CREEK - YARRAM SOUTH Prospective for Yarram Style Fe Enrichment
Exploration has commenced
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EL33835 has been granted to CuFe, located in the Batchelor region of the Northern Territory approximately 5km south-west of the Yarram Project.
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88 km[2] of tenement area across predominantly pastoral stations.
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The region has been explored for gold and uranium with a small amount of surface work for iron ore.
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Previous owners have undertaken exploration across the tenement, identifying target areas for iron ore enrichment based on magnetic anomalies, high-grade rock chip assays, and structurally favorable geology. Their findings highlight the potential for ‘Yarram style’ lode iron ore enrichment.
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Economic mineralisation at Camp Creek could complement the CuFe Yarram Project and support near-term Development options.
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Numerous > 60% Fe rock chips have been identified at Target Area 1 by CuFe *.
Exploration Strategy
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Reconnaissance outcrop mapping, rock chip sample and pending results widespread RC drilling.
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Follow up work programs to cover Target Area 1 and 2, and remaining area of Target 3 planned.
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* Refer CUF ASX release dated 30 [th] July 2025
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Camp Creek Rock Chips
ASX: CUF | 15
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WEST ARUNTA TENURE Strate ic tenure in an emer in Niobium rovince g g g p
Ownership
- CuFe has 100% ownership of four tenements (E80/5925, E80/5950, E80/5990 & E80/6052) located in highly prospective West Arunta region and are located within an Aboriginal Reserve area.
Tenement Status
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CuFe successfully executed a Land Access Agreement with the Parna Ngururrpa (Aboriginal Corporation), the Registered Native Title Body Corporate for the Ngururrpa Native Title Determination (see ASX announcement 22 October 2024).
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Execution of this agreement allowed CuFe to apply for entry permits from the Minister of Aboriginal Affairs to conduct exploration activities on the ground. These permits have now been granted for all four tenements and a proposed program of works has been submitted for approval by the Parna Traditional Owners
Initial Targets
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Numerous targets have been identified from 3D inversion modelling of magnetic intensity (TMI). The targets vary in nature and provide potential for several different forms of mineralisation styles.
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Initial heritage surveys are planned post the wet season which will enable on ground exploration and or air borne geophysics.
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Total Magnetic Intensity (TMI) and location of Target areas within E80/6052
- In addition to Niobium the ground is considered prospective for rare earths and IOCG copper / gold opportunities
ASX: CUF | 16
KEY UPCOMING ACTIVITIES FOR NEXT 6 MONTHS
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Update Orlando JORC resource to increase “indicated” category and update scoping study to reflect the additional indicated tonnes and the inclusion of bismuth and silver revenue
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Progress Orlando Open Pit Feasibility Study including potential for DSO starter opportunity to fast-track cashflow
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Tennant Creek Alliance to complete processing plant study partly funded by NT and Federal government
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Gecko Resource Updates to improve resource classification to facilitate preparation of Scoping Study
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Progress Land Access and Approvals Tennant Creek – Orlando Cutback
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Drill high impact exploration targets at Tennant Creek
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Progress Iron Ore Exploration at Camp Creek to follow up high grade rock chips
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Commence on ground exploration on West Arunta tenure
ASX: CUF | 17
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APPENDIX
ATTRIBUTIONS
Competent Persons Statement
The information in this report that relates to geology is based on, and fairly represents, information which has been compiled by Siobhan Sweeney. Ms Sweeney is a Member of the Australasian Institute of Geoscientists and a full-time employee of CuFe. Siobhan Sweeney has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that is being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Siobhan Sweeney consents to the inclusion in this report of the matters based on her information in the form and context in which they appear.
The information in this release that relates to the CuFe Orlando Mineral Resource estimate is extracted from CuFe’s ASX release dated 24 November 2025 and based on, and fairly represents, information which has been compiled by Ms Michelle Smith. Ms Smith is a member of The Australasian Institute of Mining and Metallurgy (AusIMM, #210040) and the Australian Institute of Geoscientists (AIG #5005). Ms Smith is a consultant for MEC engaged by CuFe. Ms Smith has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that is being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Ms Smith consents to the inclusion in this report of the matters based on his information in the form and context in which they appear.
The information in this release that relates to the CuFe Gecko Mineral Resource estimate is extracted from CuFe’s ASX release dated 18th August 2025 and based on, and fairly represents, information which has been compiled by Ms Michelle Smith. Ms Smith is a member of The Australasian Institute of Mining and Metallurgy (AusIMM, #210040) and the Australian Institute of Geoscientists (AIG #5005). Ms Smith is a consultant for MEC engaged by CuFe. Ms Smith has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that is being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Ms Smith consents to the inclusion in this report of the matters based on his information in the form and context in which they appear.
The information in this document that relates to exploration results of the Scoping Study extracted from CuFe’s ASX release dated 29[th] July 2025 is based upon information compiled by Mr Matthew Ramsden. Mr Ramsden is an employee of the Company and a Member of AIG. Mr Ramsden consents to the inclusion in the report of the matters based upon the information in the form and context in which it appears. Mr Ramsden has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which is undertaken to qualify as a Competent Person as defined in the December 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (JORC Code).
CuFe confirms that it is not aware of any new information or data that materially affects the information included in this presentation and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed.
ASX: CUF | 19
Mineral Resources
Tennant Creek
| Deposit | Indicated Resources | Indicated Resources | Indicated Resources | Indicated Resources | Indicated Resources | Inferred Resources | Inferred Resources | Inferred Resources | Inferred Resources | Inferred Resources | Total Resources | Total Resources | Total Resources | Total Resources | Total Resources | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tonnes (kt) |
Cu Grade (%) | Gold Grade g/t | Copper Metal (t) | Gold (koz) |
Tonnes (kt) |
Cu Grade (%) | Gold Grade g/t | Copper Metal (t) | Gold (koz) |
Tonnes (kt) |
Cu Grade (%) | Gold Grade g/t | Copper Metal (t) | Gold (koz) |
||
| 2025 Gecko MRE | 693 | 1.97 | 0.09 | 14 | 2 | 17,693 | 2.01 | 0.26 | 356 | 146 | 18,386 | 2.01 | 0.25 | 370 | 148 | |
| 2025 Orlando MRE | 3,319 | 1.35 | 1.18 | 45 | 126 | 2,632 | 0.91 | 1.9 | 24 | 161 | 5,951 | 1.16 | 1.5 | 69 | 287 | |
| Total | 4,012 | 1.46 | 0.99 | 59 | 128 | 20,325 | 1.87 | 0.47 | 381 | 307 | 24,337 | 1.8 | 0.56 | 439 | 436 |
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COMPETENT PERSON
The information in this report that relates to Exploration Results and data that was used to compile the Mineral Resource estimate at Orlando and Gecko is based on, and fairly represents, information which has been compiled by Ms Michelle Smith. Ms Smith is a member of The Australasian Institute of Mining and Metallurgy (AusIMM, #210040) and the Australian Institute of Geoscientists (AIG #5005). Ms Smith is a consultant for MEC engaged by CuFe. Ms Smith has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that is being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Ms Smith consents to the inclusion in this report of the matters based on her information in the form and context in which they appear.
ASX: CUF | 20
Mineral Resources
Yarram
| Deposit | Indicated Resources | Indicated Resources | Indicated Resources | Indicated Resources | Indicated Resources | Inferred Resources | Inferred Resources | Inferred Resources | Inferred Resources | Inferred Resources | Total Resources | Total Resources | Total Resources | Total Resources | Total Resources |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tonnes (Mt) |
Fe (%) | SiO2 (%) | Al2O3 (%) | P (%) | Tonnes (Mt) |
Fe (%) | SiO2 (%) | Al2O3 (%) | P (%) | Tonnes (Mt) |
Fe (%) | SiO2 (%) | Al2O3 (%) | P (%) | |
| Kraken | - | - | - | - | - | 9.7 | 56.75 | 7.02 | 5.23 | 0.19 | 9.7 | 56.75 | 7.02 | 5.23 | 0.19 |
| Capt Morgan | - | - | - | - | - | 3.1 | 51.18 | 8.04 | 4.94 | 0.23 | 3.1 | 51.18 | 8.04 | 4.94 | 0.23 |
| Total | - | - | - | - | - | 12.7 | 55.41 | 7.27 | 5.16 | 0.20 | 12.7 | 55.41 | 7.27 | 5.16 | 0.20 |
Notes:
Reported at a 48% COG (reported in CUF ASX release dated 28[th] February 2023). Apparent differences may occur due to rounding.
| Deposit | Indicated Resources | Indicated Resources | Indicated Resources | Indicated Resources | Indicated Resources | Inferred Resources | Inferred Resources | Inferred Resources | Inferred Resources | Inferred Resources | Total Resources | Total Resources | Total Resources | Total Resources | Total Resources |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tonnes (Mt) |
Fe (%) | SiO2 (%) | Al2O3 (%) | P (%) | Tonnes (Mt) |
Fe (%) | SiO2 (%) | Al2O3 (%) | P (%) | Tonnes (Mt) |
Fe (%) | SiO2 (%) | Al2O3 (%) | P (%) | |
| Kraken | - | - | - | - | - | 5.6 | 60.43 | 5.44 | 4.05 | 0.15 | 5.6 | 60.43 | 5.44 | 4.05 | 0.15 |
| Capt Morgan | - | - | - | - | - | 0.05 | 55.76 | 3.97 | 5.64 | 0.23 | 0.05 | 55.76 | 3.97 | 5.64 | 0.23 |
| Total | - | - | - | - | - | 5.6 | 60.39 | 5.45 | 4.05 | 0.15 | 5.6 | 60.39 | 5.45 | 4.05 | 0.15 |
Notes:
Reported at a 55% COG (reported in CUF ASX release dated 28[th] February 2023).
Apparent differences may occur due to rounding.
COMPETENT PERSON
The information in this report that relates to Exploration Results and data that was used to compile the Mineral Resource estimates at Yarram is based on, and fairly represents, information which has been compiled by Siobhán Sweeney. Ms Sweeney is a Member of the Australasian Institute of Geoscientists and a full-time employee of CuFe. Siobhán Sweeney has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that is being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Siobhán Sweeney consents to the inclusion in this report of the matters based on her information in the form and context in which they appear.
ASX: CUF | 21
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