DART MINING NL — Investor Presentation 2022

Mar 20, 2022

Dart Mining NL

Unearthing the Mineral Riches of Northeast and Eastern Victoria

Master Investor Show - London

10:00 Saturday 19[th] March 2022 James Chirnside – Executive Chairman

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Forward Looking Statements Caution

Certain statements contained in this document constitute forward looking statements. Such forward-looking statements are based on a number of estimates and assumptions made by the Company and its consultants in light of experience, current conditions and expectations of future developments which the Company believes are appropriate in the current circumstances. These estimates and assumptions while considered reasonable by the Company are subject to known and unknown risks, uncertainties and other factors which may cause the actual results, achievements and performance of the Company to be materially different from the future results and achievements expressed or implied by such forward-looking statements.

Investors are cautioned that forward looking information is no guarantee of future performance and accordingly, investors are cautioned not to place undue reliance on these forward-looking statements.

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CORPORATE PROFILE

Corporate Metrics

• ASX Code - DTM

• Shares on Issue ~ 124.5m

• Options on Issue ~ 32.8m

• Performance Rights ~3.4m

• Market Capitalisation @ $0.10 = ~A$12m

Key Personnel

• Mr. James Chirnside – Executive Chairman

• Mr. Carl Swensson – Non-Executive Director

• Mr. Luke Robinson – Independent Director

• Dr. Ben Hines – Head of Exploration

• Mr. Julie Edwards – Company Secretary

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EXPLORATION LICENCES, FOOTPRINT & PROJECTS

• Focus on NE and Eastern Victoria

• Significant team experience in NE Victorian Geology

• Large tenement package ~6,000km[2]

• Diverse exposure in precious industrial and critical metals

• 9 Historic Goldfields

• ~1,000 LCT Pegmatite dykes

• 8 Au-Cu, Mo-Cu Porphyry Projects

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REGIONAL GEOLOGICAL SETTING

• The Lachlan Fold Belt and associated Macquarie Arc rocks host a significant proportion of mineralisation in Eastern Australia

• Geology is the fundamental precursor for any mineral exploration

• The geological setting of Northeast Victoria is diverse, dynamic, and under-explored

• Dart Mining has a strong foothold in the central Lachlan Fold Belt, with several mineral systems identified already

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EXPLORATION PROJECT PIPELINE

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• Three-pronged exploration approach

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• Orogenic Gold

• Strategic/Critical & Technology metals (Li, Ta, W, Sn)

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• Porphyry Cu-Au, Cu-Mo

• Various stages of pipeline development

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• Reconnaissance through to

• resource definition (JORC)

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DORCHAP LITHIUM PROJECT

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• Location

• Situated in the Dorchap Range, between Eskdale & Glen Wills

• Historic tin mining district

• Style

• Pegmatite hosted Lithium-Caesium-Tantalum (LCT) mineralisation

• Spodumene & Petalite mineralisation, with localised lepidolite & amblygonite

• Exposure is often poor or obscured by heavy vegetation

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• Scale

• 20x12km zone of highly-fractionated pegmatites identified from surface sampling

• 1,000 LCT pegmatite dykes across the dyke swarm

• Multiple Li mineralised pegmatite dykes identified, with Li hosted primarily by spodumene

• Results Highlights

• 10m @ 1.38% Li2O (rockchip sampling)

• 10m @ 1.22% Li2O (rockchip sampling)

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• 10m @ 0.95% Li2O & 20m @ 0.33% Li2O (Eagle Dyke, Channel sampling)

• 16m @ 0.32% Li2O, (Bluejacket Dyke, Channel sampling)

• 20m @ 0.332% Li2O from 2m, including 2m @ 1.158% Li2O (Roadside drilling)

GRANITE FLAT Cu-Au PROJECT

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• Location

• Situated adjacent to the Omeo Highway, between Mitta Mitta & Glen Wills

• • Scale

• 3 × 2 km soil Cu-Au footprint, open in all directions – additional soil expansion program underway

• Significant remanent magnetism anomalies identified north of project footprint

• IP chargeability and resistivity anomalies identified across 1.5 × 2.0km footprint

• Significant intervals of Cu-Au mineralisation intersected up to 180m below surface

• Style

• Two mineralisation styles identified:

• Intrusion-related Cu-Au – long intervals of low-grade Cu-Au

• Hydrothermal overprint – Narrow silica-sulphide veins of high-grade Au-Cu-Ag ± Pb, Zn

• Results Highlights

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Gold

• 19m @ 9.39 g/t Au, including 3m @41.1 g/t from 28m

• 4m @3.23 g/t Au, including 1m @ 7.84 g/t from 15m

Copper

• 19m @.61% Cu, including 3m @1.52%

• 28m @.35% Cu, including 9m @.73% from 7m

• 40m @ 0.11%m Cu including 19m @ 0.18% Cu from 35m

• 138m @ 0.09% Cu from surface (entire hole)

• 111m @ 0.07% Cu from surface

GRANITE FLAT Cu-Au PROJECT

• Drilling Activity

• Over 109 historic and contemporary drill holes

• Contracted RAB drilling ~1350m, 42 holes, complete

• Contracted RC drilling ~951m complete, 2000m scheduled

• Inhouse Diamond drilling ~840m completed, 1500m planned and permitted

• Contracted Deep diamond drilling ~450m x 3, two thirds complete

  • Deepest undertaken so far across entire project

  • Hole 1 Terminated at 429m, Hole 2 currently at 220m, Hole 3 to be

  • completed early April 2022

• LiDAR Survey

• Completed and interpreted October 2021

• Has identified hundreds of historic alluvial gold workings, dozens of access roads,~200 pegmatite outcrops, and ~20 legacy drill pads constructed by Rio Tinto in the 1990’s

• Geophysical Survey

• 16km IP & MT geophysics completed (6 lines)

• Uncovered 9 large “chargeability” anomalies 200-400m below surface

• None have ever been drilled before. Initial deep diamond drilling (3 x 450m) currently underway

• Geochemical Survey

• Extensive (3 x 2km) commenced Nov 2021

• ~4000 soil samples collected from an estimated 7000 total across expanded footprint

• Inhouse pXRF testing undertaken to identify surface anomalies

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BUCKLAND GOLD PROJECT

• Location

• Part of 6.9Moz[1] Rutherglen-Beechworth-Harrietville gold district

• Primary + Alluvial production

• Buckland shows extensive shallow primary workings (>100) but low primary production

• Scale

• 17.5km strike identified from ~7,500 surface samples

• Multiple parallel structures identified

• Thick mineralisation intersected >180m below surface

• Mineralisation extends to over 10m width at surface and down hole

• Style

• Shear hosted, orogenic gold system

• Strong association of gold with arsenic

• Strong similarities with Bendigo and Fosterville style gold mineralisation

• Multiple mineralization styles evident

  • Surface outcropping with vein-hosting high grade gold

  • Broad zones of disseminated sulphide hosted low and midgrade gold in altered wall rock

• Results Highlights

  • 13m @ 4.82 g/t Au from 12m incl 2m @ 11.6 g/t Au from 20m

  • 11m @ 2.64 g/t Au from 28m incl 3m @ 7.49 g/t Au from 29 m

  • 10m @ 2.27 g/t Au from 4m incl 2m @ 5.52 g/t Au from 7m

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• 2m @ 4.70 g/t Au from 17m and 3m @ 2.62 g/t Au from 26m

• Historic production figures from: PHILLIPS G.N., 2010. Victorian Gold Province, Australia: A Contemporary Exploration Guide. GeoScience Victoria Special Publication

PORPHYRY PROVINCE - NE VICTORIA

Multiple Porphyry Targets:

• STACEY’S (Au, Cu)

• Strong Au-As-Cu Geochem, mapped QF dykes

• GENTLE ANNIE (Cu, Au, Mo)

• Interpreted concealed porphyry, classic geochemical and geophysical porphyry signature

• GRANITE FLAT (Au, Cu)

• Large Au footprint in historic workings – Cu, Au noted in porphyritic rocks

• MORGAN (Mo, Ag, Sn, Au)

• Known mineralised Mo-Ag(+Au) QFP. Large classic porphyry geochemical signature

• COPPER QUARRY (Cu)

• Outcropping altered and mineralised QFP, strong Cu soil geochemistry, bimodal system

• EMPRESS SOUTH (Cu)

• Magnetic signature with strong Cu soil geochemistry

• UNICORN (Mo, Cu, Ag, Zn)

• 200Mt Mo-Ag-Cu resource in outcropping QFP. Climax-style mineralisation. Additional targets at depth and adjacent

• SHIPPEN GULLY PORPHYRY

• Multiphase intrusion, silica flooded with stockwork showing Mo

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SCHEDULED WORKS 2022-2023

• 1[st] Half 2022 2[nd] Half 2022 1[st] Half 2023 • • • Granite Flat Gold-Copper Porphyry Granite Flat Cu-Au Porphyry Granite Flat Gold-Copper Porphyry • •

• • Low impact RC drilling program Infill drilling program (RC & Completion of soil sampling program - 2500m Diamond) • •

• • Buckland Orogenic Gold Glen Wills Lithium Pegmatites Continuation of diamond drilling • •

• (~1350m) Ongoing RC & Diamond drilling Low impact RC drilling program

• • • • Buckland Orogenic Gold Geophysics survey Additional mapping & • • Soil sampling across South RC drilling program sampling Buckland • Eskdale Lithium Pegmatites • LiDAR acquisition

• • • • Low impact diamond drilling Low impact RC drilling program Eskdale Lithium Pegmatites

• • • • Eskdale Lithium Pegmatites Geophysics survey (DGPR) Resource drilling program • • • Additional mapping & sampling Mountain View Orogenic Gold Corryong Porphyries

• • • • Follow up of LiDAR targets RC drilling program RC/Diamond drilling program

• • • Corryong Porphyries Mining workplan & target testing • Geophysics program (Stacey’s) • Walwa Tin Mine

• • • Rushworth Orogenic Gold Mapping & sampling • • Regional mapping program Low impact drilling • Rushworth Orogenic Gold

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• Reconnaissance drilling program

SUMMARY

• Exceptional and commanding tenement position in a highly prospective under-explored region

• Renewable energy transition is underpinning demand for entire metals complex and many of these critical minerals are represented within Dart’s exploration portfolio

• Positive long-term price fundamentals including covid-19 related supply constraints causing severe restrictions on metals production and production development = perfect storm

• Geolocation of projects increasingly important to avoid unreliable supply dependencies

• DTM is cheap vs. peers who have far less prospectivity

• Well funded with very supportive long term shareholders

DTM is a low cost explorer that is self-reliant with a systematic and focussed exploration approach

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DISCLAIMER

The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation in not investment or financial product advice and is not intended to be used as the basis for making investment decisions. The presentation has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision, you should consider, with or without the assistance of a financial advisor, whether an investment is appropriate in light of your particular investment needs, objectives and financial circumstances.

No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of Dart Mining NL, their directors, employees or agents, nor any other person accepts any liability, including, without limitation, any liability arising out of fault of negligence, for any loss arising from the use of the information contained in this presentation. In particular, no representation or warranty, express or implied is given as to the accuracy, completeness or correctness, likelihood of achievement or reasonableness or any forecasts, prospects or returns contained in this presentation nor is any obligation assumed to update such information. Such forecasts, prospects or returns are by their nature subject to significant uncertainties and contingencies.

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