MANUKA RESOURCES LTD. — AGM Information 2020

Nov 24, 2020

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Manuka Resources Ltd – 2020 Annual General Meeting

25 November 2020, 12:30pm (AEDT)

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– 2020 AGM Registration and voting

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Summary of Proxy Voting

	In Favour	Proxy’s Discretion	Against	Abstain / Exclude
Resolution 1: Adoption of Remuneration Report	4,798,666	166,175	99,441	16,285
	94.76%	3.28%	1.96%
Resolution 2: Re-Election of Director – Mr Anthony Raymond McPaul	4,843,812	201,029	4,441	31,285
	95.93%	3.98%	0.09%

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Accounts and Reports

Receipt and Consideration of Account and Reports

To receive and consider the Financial Report, together with the Directors’ Report and the Auditor’s Report for the financial year ended 30 June 2020.

Further information

• Mr Nicolas Smietana, the representative of Grant Thornton, the Company’s external auditor is present

• and available to answer any queries.

• There is no requirement for Shareholders to Approve the Financial Report

• The 2020 Annual Report is available on the Company’s website at www.manukaresources.com.au

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Resolution 1

Adoption of Remuneration Report

To consider, and if thought fit, to pass, with or without amendment the following : advisory only resolution

“That, for the purpose of section 250R(2) of the Corporations Act, and for all other purposes, the Remuneration Report, forming part of the Company’s 2020 Annual Report, be adopted.”

In Favour	Proxy’s Discretion	Against	Abstain / Exclude
4,798,666	166,175	99,441	16,285
94.76%	3.28%	1.96%

Further information

• The Directors recommend that Shareholders vote in favour of adopting the Remuneration Report

• The Chair intends to exercise all available proxies in favour of the resolution

• Voting prohibitions apply as set out in the Notice of Meeting

• The 2020 Remuneration Report can be found on pages 26 to 31 of the 2020 Annual Report

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Resolution 2

Re-election of Director – Mr Anthony Raymond McPaul

To consider, and if thought fit to pass, as an ordinary resolution , the following:

“That, for the purposes of clause 13.3 of the Constitution and for all other purposes, Anthony Raymond McPaul, a Director, retires by rotation, and being eligible, is re-elected as a Director.”

In Favour	Proxy’s Discretion	Against	Abstain / Exclude
4,843,812	201,029	4,441	31,285
95.93%	3.98%	0.09%

Further information

• The Directors recommend (with Mr McPaul abstaining) that Shareholders vote in favour of this resolution.

• The Chair intends to exercise all available proxies in favour of the resolution.

• Details of Mr McPaul’s experience and qualifications can be found on pages 7 to 8 of the Explanatory Memorandum to the Notice of Meeting.

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Manuka Resources - A Precious (Metals) Opportunity November 2020 - Chairman’s address to the AGM

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Disclaimer

This disclaimer applies to this presentation and the information contained in it (the Presentation ). By reading this disclaimer you agree to be bound by it. The Presentation has been prepared by Manuka Resources Limited and relates to its subsidiaries, related parties and any new assets or entities subsequently acquired or incorporated following the date on which the Presentation was prepared (collectively the Company ). The Presentation was prepared on 5 August 2020 and the information in it is subject to change without notice.

Purpose

The Presentation is for information purposes only and is an overview of the Company and its assets at the time of preparation. This Presentation does not contain all information necessary to make an investment decision or that would be required in a prospectus or product disclosure statement prepared in accordance with the requirements of the Corporations Act 2001 (Cth) ( Corporations Act ). The Presentation is of a general nature and does not purport to be complete or verified by the Company or any other person.

Incomplete document

This Presentation is not a recommendation by any of the Parties that any recipient invest in the Company.

Distribution outside Australia

Distribution or release of this document outside Australia may be restricted by law. This document may only be distributed or released to a person that is not in the United States except as permitted under the U.S. Securities Act. Persons who come into possession of this document who are not in Australia should seek advice on and observe any such restrictions. Any failure to comply with such restrictions may constitute a violation of applicable securities laws.

Not an offer or financial product advice

The Presentation does not constitute an offer, invitation, solicitation or recommendation with respect to the purchase or sale of any security in the Company nor does it constitute financial product advice. The Presentation is not a prospectus, product disclosure statement or other offer document under Australian law or under any other law. The Presentation has not been filed, registered or approved by regulatory authorities in any jurisdiction. The Presentation is not intended to be relied upon as advice or a recommendation to investors and does not take into account the investment objectives, financial situation, taxation situation or needs of any particular investor.

An investor must not act on the basis of any matter contained in the Presentation but must make its own assessment of the Company and conduct its own investigations and analysis. Investors should assess their own individual financial circumstances and consider talking to a financial adviser, professional adviser or consultant before making any investment decision. Neither this Presentation nor anything contained in it forms the basis of any contract or commitment and no agreement to subscribe for securities will be entered into on the basis of this Presentation.

No guarantee, representation or warranty

While reasonable care has been taken in relation to the preparation of the Presentation, none of the Company or their respective directors, officers, employees, contractors, agents, or advisers nor any other person ( Limited Party ) guarantees or makes any representations or warranties, express or implied, as to or takes responsibility for, the accuracy, reliability, completeness or fairness of the information, opinions, forecasts, reports, estimates and conclusions contained in the

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Presentation. No Limited Party represents or warrants that the Presentation is complete or that it contains all information about the Company that a prospective investor or purchaser may require in evaluating a possible investment in the Company or acquisition of shares in the Company. To the maximum extent permitted by law, each Limited Party expressly disclaims any and all liability, including, without limitation, any liability arising out of fault or negligence, for any loss arising from the use of or reliance on information contained in the Presentation including representations or warranties or in relation to the accuracy or completeness of the information, statements, opinions, forecasts, reports or other matters, express or implied, contained in, arising out or derived from, or for omissions from the Presentation including, without limitation, any financial information, any estimates or projections and any other financial information derived therefrom.

Forward-looking statements

The Presentation includes forward-looking statements and comments about future events, including the Company’s expectations about the performance of its businesses. Forward-looking words such as “expect”, “should”, “could”, “may”, “predict”, “plan”, “will”, “believe”, “forecast”, “estimate”, “target” or other similar expressions are intended to identify forward-looking statements. Such statements involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company and which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. Forward-looking statements are provided as a general guide only, and should not be relied on as an indication or guarantee of future performance. Given these uncertainties, recipients are cautioned to not place undue reliance on any forward-looking statement. Subject to any continuing obligations under applicable law, the Company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements in the Presentation to reflect any change in expectations in relation to any forward-looking statements or any change in events, conditions or circumstances on which any such statement is based. No Limited Party or any other person makes any representation, or gives any assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking statements in the Presentation will occur.

Past performance

Past performance is not indicative of future performance and no guarantee of future returns is implied or given.

Previously reported information

The information in this presentation that relates to previously reported exploration results, Mineral Resources and Ore Reserves is extracted from the Company’s ASX announcements noted in the text of the presentation and are available to view on the Company’s website. The Company confirms that, other than mining depletion, it is not aware of any new information or data that materially affects the information included in the original announcements and, in the case of estimates of Mineral Resources and Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant announcement continue to apply and have not materially changes. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially altered.

Manuka Resources Presentation | Confidential November 2020

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Key points

Australian domiciled gold and silver producer, located in the Cobar Basin, central west NSW

Generating cash from restart of mining operations

• Gold production from Mount Boppy gold mine

• Processing silver stockpile at Wonawinta silver mine

• Planned restart of Wonawinta silver mining

Have commenced exploration on high conviction targets on substantial exploration area

• 920 km2 around Wonawinta

• 206 km2 around Mt Boppy

100% owner of the Wonawinta silver project which includes:

• 52M oz JORC compliant silver resource grading 42g/t Ag*

• 850,000t.p.a. plant – expected replacement cost >~$100m

• 70 person operating mining camp

*Refer ASX releases dated 29 September 2020 (Annual Report) & 10 July 2020 (Prospectus) and Appendix

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Manuka Resources Presentation | Confidential November 2020

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Key points (continued)

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Other infrastructure includes airstrip, power and water, tailings storage facility

• 1 mining lease, 7 exploration leases, tenement package covering total of 920km[2]

100% owner of Mt Boppy gold project which includes:

• Open pit mine (previous production circa 500,000oz Au @ 15g/t Au)

• 39,000oz JORC compliant gold resource grading 3.2g/t (26,000oz Au in reserve status)*

• Operating mining camp, power and water, exploration office

• 4 gold leases, 3 mining leases, 1 mining purpose lease, 1 exploration lease (total 206km[2] )

*Refer ASX releases dated 29 September 2020 (Annual Report) & 10 July 2020 (Prospectus) and Appendix

Manuka Resources Presentation | Confidential November 2020

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The journey - so far (but we’ve only just begun!)

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June 2019 Manuka completed the purchase of Mt Boppy Resources August to December 2019 Commenced Wonawinta plant refurbishment and upgrade Jun Jul Aug Sep Oct Nov Dec Jan July 2019 Completed the required USD$14m debt facility	June 2019 Manuka completed the purchase of Mt Boppy Resources August to December 2019 Commenced Wonawinta plant refurbishment and upgrade Jun Jul Aug Sep Oct Nov Dec Jan July 2019 Completed the required USD$14m debt facility	June 2019 Manuka completed the purchase of Mt Boppy Resources August to December 2019 Commenced Wonawinta plant refurbishment and upgrade Jun Jul Aug Sep Oct Nov Dec Jan July 2019 Completed the required USD$14m debt facility	June 2019 Manuka completed the purchase of Mt Boppy Resources August to December 2019 Commenced Wonawinta plant refurbishment and upgrade Jun Jul Aug Sep Oct Nov Dec Jan July 2019 Completed the required USD$14m debt facility	August to December 2019 Commenced Wonawinta plant refurbishment and upgrade	August to December 2019 Commenced Wonawinta plant refurbishment and upgrade	August to December 2019 Commenced Wonawinta plant refurbishment and upgrade	August to December 2019 Commenced Wonawinta plant refurbishment and upgrade	August to December 2019 Commenced Wonawinta plant refurbishment and upgrade	August to December 2019 Commenced Wonawinta plant refurbishment and upgrade	August to December 2019 Commenced Wonawinta plant refurbishment and upgrade	October 2020 Wonawinta in-fill drilling program nearing completion February to April 2020 Dewatered Mt Boppy pit April 2020 Restarted Wonawinta plant May 2020 First pouring of Mt Boppy gold (under Manuka ownership) June 2020 Satisfied ASX requirements for listing MKR:ASX July 2020 Commenced trading on the ASX August 2020 Initial drill results Mt Boppy (highlight 10m @ 34.48g/t Au) Feb Mar Apr May Jun Jul Aug Sep Oct March to May 2020 Tailings wall lift at Wonawinta September 2020 2nd drill results Mt Boppy (18m @ 6.24g/t Au)	October 2020 Wonawinta in-fill drilling program nearing completion February to April 2020 Dewatered Mt Boppy pit April 2020 Restarted Wonawinta plant May 2020 First pouring of Mt Boppy gold (under Manuka ownership) June 2020 Satisfied ASX requirements for listing MKR:ASX July 2020 Commenced trading on the ASX August 2020 Initial drill results Mt Boppy (highlight 10m @ 34.48g/t Au) Feb Mar Apr May Jun Jul Aug Sep Oct March to May 2020 Tailings wall lift at Wonawinta September 2020 2nd drill results Mt Boppy (18m @ 6.24g/t Au)	October 2020 Wonawinta in-fill drilling program nearing completion February to April 2020 Dewatered Mt Boppy pit April 2020 Restarted Wonawinta plant May 2020 First pouring of Mt Boppy gold (under Manuka ownership) June 2020 Satisfied ASX requirements for listing MKR:ASX July 2020 Commenced trading on the ASX August 2020 Initial drill results Mt Boppy (highlight 10m @ 34.48g/t Au) Feb Mar Apr May Jun Jul Aug Sep Oct March to May 2020 Tailings wall lift at Wonawinta September 2020 2nd drill results Mt Boppy (18m @ 6.24g/t Au)	October 2020 Wonawinta in-fill drilling program nearing completion February to April 2020 Dewatered Mt Boppy pit April 2020 Restarted Wonawinta plant May 2020 First pouring of Mt Boppy gold (under Manuka ownership) June 2020 Satisfied ASX requirements for listing MKR:ASX July 2020 Commenced trading on the ASX August 2020 Initial drill results Mt Boppy (highlight 10m @ 34.48g/t Au) Feb Mar Apr May Jun Jul Aug Sep Oct March to May 2020 Tailings wall lift at Wonawinta September 2020 2nd drill results Mt Boppy (18m @ 6.24g/t Au)	October 2020 Wonawinta in-fill drilling program nearing completion February to April 2020 Dewatered Mt Boppy pit April 2020 Restarted Wonawinta plant May 2020 First pouring of Mt Boppy gold (under Manuka ownership) June 2020 Satisfied ASX requirements for listing MKR:ASX July 2020 Commenced trading on the ASX August 2020 Initial drill results Mt Boppy (highlight 10m @ 34.48g/t Au) Feb Mar Apr May Jun Jul Aug Sep Oct March to May 2020 Tailings wall lift at Wonawinta September 2020 2nd drill results Mt Boppy (18m @ 6.24g/t Au)	October 2020 Wonawinta in-fill drilling program nearing completion February to April 2020 Dewatered Mt Boppy pit April 2020 Restarted Wonawinta plant May 2020 First pouring of Mt Boppy gold (under Manuka ownership) June 2020 Satisfied ASX requirements for listing MKR:ASX July 2020 Commenced trading on the ASX August 2020 Initial drill results Mt Boppy (highlight 10m @ 34.48g/t Au) Feb Mar Apr May Jun Jul Aug Sep Oct March to May 2020 Tailings wall lift at Wonawinta September 2020 2nd drill results Mt Boppy (18m @ 6.24g/t Au)	October 2020 Wonawinta in-fill drilling program nearing completion February to April 2020 Dewatered Mt Boppy pit April 2020 Restarted Wonawinta plant May 2020 First pouring of Mt Boppy gold (under Manuka ownership) June 2020 Satisfied ASX requirements for listing MKR:ASX July 2020 Commenced trading on the ASX August 2020 Initial drill results Mt Boppy (highlight 10m @ 34.48g/t Au) Feb Mar Apr May Jun Jul Aug Sep Oct March to May 2020 Tailings wall lift at Wonawinta September 2020 2nd drill results Mt Boppy (18m @ 6.24g/t Au)	October 2020 Wonawinta in-fill drilling program nearing completion February to April 2020 Dewatered Mt Boppy pit April 2020 Restarted Wonawinta plant May 2020 First pouring of Mt Boppy gold (under Manuka ownership) June 2020 Satisfied ASX requirements for listing MKR:ASX July 2020 Commenced trading on the ASX August 2020 Initial drill results Mt Boppy (highlight 10m @ 34.48g/t Au) Feb Mar Apr May Jun Jul Aug Sep Oct March to May 2020 Tailings wall lift at Wonawinta September 2020 2nd drill results Mt Boppy (18m @ 6.24g/t Au)	October 2020 Wonawinta in-fill drilling program nearing completion February to April 2020 Dewatered Mt Boppy pit April 2020 Restarted Wonawinta plant May 2020 First pouring of Mt Boppy gold (under Manuka ownership) June 2020 Satisfied ASX requirements for listing MKR:ASX July 2020 Commenced trading on the ASX August 2020 Initial drill results Mt Boppy (highlight 10m @ 34.48g/t Au) Feb Mar Apr May Jun Jul Aug Sep Oct March to May 2020 Tailings wall lift at Wonawinta September 2020 2nd drill results Mt Boppy (18m @ 6.24g/t Au)	October 2020 Wonawinta in-fill drilling program nearing completion February to April 2020 Dewatered Mt Boppy pit April 2020 Restarted Wonawinta plant May 2020 First pouring of Mt Boppy gold (under Manuka ownership) June 2020 Satisfied ASX requirements for listing MKR:ASX July 2020 Commenced trading on the ASX August 2020 Initial drill results Mt Boppy (highlight 10m @ 34.48g/t Au) Feb Mar Apr May Jun Jul Aug Sep Oct March to May 2020 Tailings wall lift at Wonawinta September 2020 2nd drill results Mt Boppy (18m @ 6.24g/t Au)	October 2020 Wonawinta in-fill drilling program nearing completion February to April 2020 Dewatered Mt Boppy pit April 2020 Restarted Wonawinta plant May 2020 First pouring of Mt Boppy gold (under Manuka ownership) June 2020 Satisfied ASX requirements for listing MKR:ASX July 2020 Commenced trading on the ASX August 2020 Initial drill results Mt Boppy (highlight 10m @ 34.48g/t Au) Feb Mar Apr May Jun Jul Aug Sep Oct March to May 2020 Tailings wall lift at Wonawinta September 2020 2nd drill results Mt Boppy (18m @ 6.24g/t Au)
	Jun	Jul		Aug	Sep	Oct	Nov	Dec	Jan		Feb		Mar	Apr	May		Jun	Jul	Aug	Sep	Oct
	July 2019 Completed the required USD$14m debt facility												March to May 2020 Tailings wall lift at Wonawinta			July 2020 Commenced trading on the ASX September 2020

*Refer ASX releases dated 24 August 2020 & 24 September 2020

Manuka Resources Presentation | Confidential November 2020

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Our Tenement holdings in the Cobar Basin

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Endeavor (Elura)
CSA
Mount Boppy
Peak
Manuka
Operating mines
Peel Mining
Aurelia Metals
Anchor Resources
Hera - Nymagee
Toho Zinc
Wonawinta
Glencore
Sandfire Resources
not yet granted.
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Exploration license applications lodged, not yet granted.

Source: S&P Global Market Intelligence

Manuka Resources Presentation | Confidential November 2020

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The Prolific Cobar Basin

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Manuka Resources Presentation | Confidential November 2020

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Building shareholder value − four avenues

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Stage 1 Stage 2 Stage 3 Stage 4 CY Q2 2020 – Q2 2021 CY Q3 2021 – 2026 CY Q4 2020 onwards CY Q4 2020 onwards

• Mount Boppy Wonawinta Mt Boppy Wonawinta Gold production Silver production Exploration program Exploration program • • • • Commenced treatment at the Complete infill drilling of Existing exploration program Commence 2000mt program Wonawinta plant using 60,000t existing resource (total of underway at Mt Boppy / (16 - 20holes within 4 fences) Mt Boppy gold ore stockpile >10000m November 2020) Canbelego Camp seeking in existing “Wonawinta deeps”,

• • Now mining and processing Mt • Reconfigure Wonawinta plant resource extensions and new testing existing high grade Boppy ores for silver oxides deposits oxide zones for sulphides . • •

• • Expect to generate sufficient • Commence processing of 500kt 3D model construction of 1500m program on Wirlong profit from Mt Boppy ores to silver ore stockpile on ROM Canbelego Camp region target •

• ensure MKR can be debt free pad, to produce circa 900,000 displaying target zones 3000m Smiths Tank, Lerida and before end of existing resource oz Ag over 6-9 months needing exploration Guzzi targets

• • • • Commence on-site and near Promptly follow with the Regional exploration mine gold exploration program processing of high-grade silver campaign commencing October (250 drill holes

• oxide resource following infill exploration campaign planned)

• After completion of additional studies

Manuka Resources Presentation | Confidential November 2020

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Mount Boppy & the Canbelego-Mineral Hill trend

Manuka Resources Presentation | Confidential November 2020 15

Mount Boppy – an exciting neighbourhood

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Refer ASX release dated 10 July 2020 (Prospectus) – Figure 9-2 ITR

Manuka Resources Presentation | Confidential November 2020

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Mt Boppy – Three-Dimensional Geological Model*

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Long section looking east showing design pit (blue) and highgrade zone indicated by 5 g/t Au isosurface (red solid areas) generated in Leapfrog. High-grade target zone outlined by the eclipse.

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Long view looking east. illustrative separation of the west lode (in orange), east lode (in yellow) and current planned mine pit shell (blue), with high-grade zones extending below. Historical stopes visible.

*Refer ASX release dated 24 November 2020

Manuka Resources Presentation | Confidential November 2020

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Mt Boppy – recent in-pit exploration

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Section view looking east of Mount Boppy showing reported drill intercepts, other drill holes and interpreted extent of high grade mineralisation (dash line).

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Details of drill hole intercepts for reported results*

Drill hole ID	Drilled Depth (m)	Intersection Depth From (m)	Depth To (m)	Interval (m)	Au grade (g/t)
MBRC016 183 158 173 15 3.33
Including non-stope fill 158 168 10 4.05
MBRC017 195 166 186 20 5.89
Including non-stope fill 166 184 18 6.24
MBGC0042 80 57 78 21 20.69
Including non-stope fill 57 67 10 38.48
MBGC0043 79 59 79 20 11.73
Including non-stope fill 57 71 14 14.51

*Refer ASX releases dated 24 August 2020 & 24 September 2020

Manuka Resources Presentation | Confidential November 2020

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Wonawinta (Silver)

Manuka Resources Presentation | Confidential November 2020 19

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Wonawinta and beyond – our tenement package

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920km2 of largely underexplored tenements – a unique opportunity Exploration has been broken into two distinct geographies a) The Wonawinta and neighbouring targets b) The central to northern targets Our high conviction targets are the following: Guzzi, Lerida, Goldwing, DeNardi and McKinnons ( previously a gold mine which produced >150,000oz Au @ 2.6g/t in the late 1990’s ) Wonawinta Deeps (sulphides), Smiths Tank Corridor and Wirlong Near-term exploration program: Guzzi – RAB program, commencing Dec 2020 Wonawinta Deeps – diamond drilling Jan 2021 Smiths Tank Corridor – Feb 2021

Source: Refer ASX release dated 24 November 2020

Manuka Resources Presentation | Confidential November 2020 20

Wonawinta – resources and reserves

WonawintaMineral Resources as at 31 March 2020*

Classification	Material type	Tonnes	Grade	Grade	Contained Metal	Contained Metal
			Ag	Pb	Ag	Pb
		Kt	g/t	%	Koz	Kt
Measured Resources Ox Fr Indicated Resources Ox Fr		785.75 105.30 6,023 2,473	45.7 0.73 1,154 5.7 40.3 0.47 137 0.5 46.7 0.85 9,041 51.0 52.8 0.66 4,200 16.4
Subtotal MI Ox		6,808	46.6 0.83 10,195 575
Fr		2,579	52.3 0.66 4,336 17
Inferred Resources Ox Fr		12,474 14,913	38.9 0.68 18,119 97.9 41.1 0.44 19,718 64.9
Total		38,774	42.0 0.61 52,367 236.5
Stockpiles (Indicated)		515.7	70.01 1,161

Manuka expects to complete the exploration work necessary to bring out an upgrade in its existing resource in accordance with JORC Code (2012) by end December 2020.

*Refer ASX releases dated 29 September 2020 (Annual Report) & 10 July 2020 (Prospectus)

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Source: Refer ASX release dated 24 November 2020

Manuka Resources Presentation | Confidential November 2020

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Capital Structure

Manuka Resources Presentation | Confidential November 2020 22

Capital structure

Capital structure as at 30 September 2020	Shares (m)	%
Escrowed shares	176.9	71%
Free float	72.5	29%
Total fully diluted shares on issue	249.35	100%
Manuka management controlled	91.78	36.8%
Options (A$0.25 strike price) 3 year maturity	21.25
As at 30 September 2020
Debt	A$m	22.8
Cash	A$m	4.50

Commentary

The current debt facility with TransAsia is payable in 3 tranches from projected gold production

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Post IPO Escrowed Shares

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29%
71%
71%
Escrowed Non-escrowed
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Manuka Resources Presentation | Confidential November 2020

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Appendix - Mineral Resource and Ore Reserve Estimates – Mt Boppy

Table 1 – Mt Boppy Mineral Resources – as at 30 June 2020*

Resource Category	Material	Tonnes	Grade	Contained gold
			g/t Au	Troy ounces
Measured	in-situ	40,500	3.43	4,473
Indicated	in-situ	195,500	2.99	18,790
	stopes	111,700	3.6	12,930
Inferred	in-situ	24,000	3.33	2,570
Total		371,700	3.23	38,763
Stockpiles (measured)		13,972	2.00	898

Table 2 – Mt Boppy Mineral Resources – as at 30 June 2020*

Ore Type	tonnes	Au g/t Au	Au oz
Oxide	10,000	3.1	1,000
Transitional	130,000	2.9	12,000
Fresh	20,000	3.3	2,000
Stope tailings fill	100,000	3.3	11,000
Stockpiles	10,000	2.0	1,000
Total Probable Ore Reserves	270,000	3.0	26,000

Note : Reported differences may be present due to rounding of significant figures.

*Refer ASX releases dated 29 September 2020 (Annual Report) & 10 July 2020 (Prospectus)

Manuka Resources Presentation | Confidential October 2020

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Manuka Resources Ltd – 2020 Annual General Meeting

Conclusion

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