Future Metals NL — Investor Presentation 2021

Oct 5, 2021

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ASX Release
6 October 2021
ASX: FME
Directors
Greg Bandy; Chairman
Justin Tremain, Corporate Director
Allan Mulligan, Technical Director
Aaron Bertolatti, Finance Director
Robert Mosig, Independent Non-Exec
Director
Investment Highlights
▪ 100% ownership of the Panton
PGM Project in Western Australia
▪ Panton JORC Mineral Resource
Estimate (refer Appendix One)
o 14.32Mt @ 4.89g/t PGM,
0.31g/t Au, 0.27% Ni
o 2.4Moz contained PGM’s &
Gold
o Palladium dominant (~50% of
contained ounces) with full
suite of PGMs, gold and base
metals
▪ Resource outcrops |
Mineralisation from surface
▪ Granted Mining Leases
▪ Metallurgical test work of >80%
PGM recoveries to ultra high
grade PGM concentrate (crush,
grind and flotation)
▪ 10,000m drilling program
underway
▪ $8.2m cash (30 September 2021)
Contact Details
Future Metals NL
Level 1, 35 Richardson Street
West Perth, WA, 6005
T: +61 8 9480 0414
E: info@future-metals.com.au
W: https://future-metals.com.au/
@_FutureMetals
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Broker Briefing Mining & Resources Investor Webinar

Future Metals NL (‘ Future Metals ’ or the ‘ Company ’, ASX | FME ) is pleased to advise shareholders and investors that the Company will be presenting as part of the free Broker Briefing Mining & Resources Investor Webinar on Thursday 7 October 2021.

Date: 7 October 2021

Time: 12:30am AEDT / 9:30am AWST

Presenter: Director, Justin Tremain, presenting at 12:30pm AEDT / 9:30am AWST

The Company invites shareholders, investors, and media to participate in this digital event by registering online via the link below:

• https://zoom.us/webinar/register/7516330442306/WN_uOS4hvEGRi yLXKjNu5l0g

Participants will be able to submit questions via the panel throughout the presentation, however, we encourage shareholders and investors to send through questions via email beforehand to info@brokerbriefing.com

This announcement has been approved for release by the Board of Future Metals NL.

For further information, please contact:

Future Metals Ltd

T: +61 8 9480 0414 E: info@future-metals.com.au

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About Panton PGM Project

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The 100% owned Panton PGM project is located 60 kilometres north of the town of Halls Creek in the eastern Kimberly region of Western Australia, a tier one mining jurisdiction. The project is located on three granted mining licences and situated just 1 kilometre off the Great North Highway which accesses the Port of Wyndham (refer Figure One).

The Panton PGM Project has a JORC Mineral Resource estimate of 14.32Mt @ 4.89g/t PGM, 0.31g/t Au, 0.27% Ni (refer Appendix One).

The Panton mineralisation occurs within a layered, differentiated mafic-ultramafic intrusion referred to as the Panton intrusive which is a 10km long and 3km wide, southwest plunging synclinal intrusion. PGM mineralisation is hosted within two stratiform chromite reefs, the Top and Middle reefs, within the ultramafic sequence.

Figure One | Panton PGM Project Location

About Platinum Group Metals (PGMs)

PGMs are a group of six precious metals being Platinum (Pt), palladium (Pd), iridium (Ir), osmium (Os), rhodium (Rh), and ruthenium (Ru). Exceptionally rare, they have similar physical and chemical properties and tend to occur, in varying proportions, together in the same geological deposit. The usefulness of PGMs is determined by their unique and specific shared chemical and physical properties.

PGMs have many desirable properties and as such have a wide variety of applications. Most notably, they are used as auto-catalysts (pollution control devices for vehicles), but are also used in jewellery, electronics, hydrogen production / purification and in hydrogen fuel cells. The unique properties of PGMs help convert harmful exhaust pollutant emissions to harmless compounds, improving air quality and thereby enhancing health and wellbeing.

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Appendix One

Panton JORC (2012) Mineral Resource Estimate

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Competent Person’s Statement:

The information in this report that relates to Exploration Results is based on, and fairly represents, information compiled by Mr Shane Hibbird, who is a Member of the Australasian Institute of Mining and Metallurgy and the Australian Institute of Geoscientists. Mr Hibbird is the Company’s Exploration Manager and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity he is undertaking to qualify as a competent person as defined in the 2012 Edition of the “Australasian Code for reporting of Exploration Results, Exploration Targets, Mineral Resources and Ore Reserves” (JORC Code). Mr Hibbird consents to the inclusion in this report of the matters based upon his information in the form and context in which it appears.

References may have been made in this announcement to certain past ASX announcements, including references regarding exploration results. For full details, refer to the referenced ASX announcement on the said date. The Company confirms that it is not aware of any new information or data that materially affects the information included in these earlier market announcements.

The information in this report which relates to Mineral Resources was stated in the Company’s Prospectus dated 18 May 2021. The Company confirms that is not aware of any new information or data that materially affects the information included in the Prospectus relating to Mineral Resources, and that all material assumptions and technical parameters underpinning the Resource Estimate continue to apply and have not materially changed.

The information in this report that relates to Metallurgical Results is based on, and fairly represents, information compiled by Dr Evan Kirby, a Competent Person who is a Member of the Australian Institute of Mining and Metallurgy. Dr Kirby is a full-time employee of Metallurgical Management Services (MMS) a specialist metallurgical consultancy and an independent consultant of the Company. Dr Kirby has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity he is undertaking to qualify as a competent person as defined in the 2012 Edition of the “Australasian Code for reporting of Exploration Results, Exploration Targets, Mineral Resources and Ore Reserves” (JORC Code). Dr Kirby consents to the inclusion in this report of the matters based upon his information in the form and context in which it appears.

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