MOHO RESOURCES LIMITED — Investor Presentation 2020

Nov 22, 2020

THE MOHOROVICIC DISCONTINUITY:

THE BOUNDARY SEPARATING THE CRUST & MANTLE OF THE EARTH ACROSS WHICH SEISMIC WAVES CHANGE VELOCITIES

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AMEC INVESTOR PRESENTATION – November 2020

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This presentation is not a prospectus nor an offer or inducement to subscribe for shares in Moho Resources Ltd (Moho) and has not been lodged with the Australian Securities and Investments Commission. Except for any liability which cannot be excluded by law, Moho and its affiliates expressly disclaim and accept no responsibility or liability (including liability for negligence) for the contents of this document.

This presentation has been prepared for the consideration of interested parties in Moho and does not carry any right of publication or disclosure to any other party. This presentation is incomplete without reference to and should be viewed solely in conjunctions with the oral briefing provided by Moho’s management. Neither this presentation nor its content may be used for any other purpose without prior written consent of Moho.

The information contained in this presentation is of general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation.

This document may contain forward-looking statements. Investors are cautioned that forward‐looking statements are not guarantees of future performance and accordingly investors are cautioned not to put undue reliance on forward‐looking statements due to the inherent uncertainty therein.

This presentation is authorised for release by the board.

Disclaimer

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KEY OBJECTIVIES

• Increase share price through successful exploration

• Maximise shareholder value through early stage cashflow generation

• Minimise shareholder dilution by becoming a self-funded explorer

TIGHT CAPITAL STRUCTURE

SHARES

OPTIONS

75M 27M On Issue (100%) (100%) Share Price *$0.115 Option Price $0.035* Market Cap ~ $8.6M Top 20 ~33%**

• *Total number at COB 19 Nov 2020

• **Share price at COB 19 Nov 2020

***Option price at COB 19 Nov 2020

****Options include director performance milestones

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EXPERIENCED BOARD & TECHNICAL TEAM

• DIRECTORS

• Terry Streeter (Non-Exec Chairman)

• Shane Sadleir (Managing Director) - Geoscientist

• Ralph Winter (Commercial Director) – Corporate

• Adrian Larking (Non-Exec Director) - Geologist & Lawyer

• TECHNICAL TEAM

• Robert (Bob) Affleck (Exploration Manager)

• Max Nind (Principal Geologist)

• Dr Jon Hronsky (OAM) (Consultant geologist)

• Kim Frankcombe (Consultant geophysicist)

• Richard Carver (Consultant geochemist)

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WINDOW OF OPPORTUNITY

• current high gold price (~A$2,570/oz)

• granted mining tenements prospective for gold mineralisation

• proximity to existing gold mining infrastructure and toll treatment facilities

• mining-friendly government and community in WA

PROJECTS

• Focus on Gold in WA & QLD

• Exposure to Nickel in prospective ground holdings around Poseidon’s Black Swan Nickel Operations

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EMPRESS SPRINGS (QLD) – Au EXPLORING WORLD CLASS DEPOSITS MOHO’S COMPANY MAKER

• Exploration for giant gold deposits under cover in virgin area

• Moho discovered 3 separate mineralised areas

• Moho holds most of the prospective ground (> 2,300km[2] )

• 20 km south of Croydon Goldfield (1.2M oz historic Au production)

• Farm-in with IGO – 70% interest soon to be earned by Moho

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BURRACOPPIN (WA) - Au NEW DISCOVERY IN GREENSTONE BELT

• Gold/silver mineralisation discovered by Moho in bedrock

• In wheatbelt ~20km west of Edna May

• On structural trend to Tampia gold deposit

• Follow-up drilling planned Q1 2021

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EXPLORING FOR COMPANY MAKERS HOW DO WE GET THERE?

• Mining studies towards gold production potential at 100% owned East Sampson Dam

• Ramping up resource definition drilling at East Sampson Dam

• Exploration drilling planned for additional resources at Silver Swan North project

SILVER SWAN NORTH GOLD PROJECT (WA) NEAR KALGOORLIE

• Potential for early stage cashflow

• Extensive Land holding ~102km[2] (100% ownership)

• Gold mineralisation at East Sampson Dam

• High grade gold intersections on granted mining lease

• Close proximity to mining infrastructure

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IDEALLY LOCATED TO MINING INFRASTRUCTURE

• 50km from Australia’s gold mining capital at Kalgoorlie

• 11 gold processing plants within 100km

• Abundance of mining infrastructure, skills and services

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EXPLORATION PRIORITISED TOWARDS EARLY GOLD PRODUCTION

• Infill RC and diamond drill programs for maiden JORC Resource and Scoping Study at East Sampson Dam (ESD) within granted mining lease M27/263

• Aircore drilling to test gold auger anomalies on M27/263 over 2.5km

• Surface sampling confirms semi-continuous gold anomalism within Moho’s 100% owned tenements

• Additional ground acquired

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11km
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HIGH GRADE RESULTS AT ESD NOV 20*

• SSMH0095: 2m @ 18.0 g/t Au from 105m , incl. 1m @ 34.8 g/t Au from 106m

• • SSMH0097: 6m @ 5.63 g/t Au from 18m , incl. 1m @ 16.2 g/t Au from 19m & 1m @ 13.5 g/t Au from 23m

HIGH GRADE RESULTS AT ESD FEB 20**

• SSMH0051: 15m @ 4.71 g/t Au from 88m, Incl. 3m @ 15.18 g/t Au from 100m

• • SSMH0062: 5m @ 10.36 g/t Au from 59m, Incl. 2m @ 24.61 g/t Au from 56m

• SSMH0075: 9m @ 4.28 g/t Au from 19m, Incl. 3m @ 3.37 g/t Au from 19m and 1m @ 24.3 g/t Au from 25m

• SSMH0056: 11m @ 3.11 g/t Au from 65m, Incl. 1m @ 17.7 g/t Au from 72m

• SSMH0063: 2m @ 17.0 g/t Au from 73m

• SSMH0068: 2m @ 5.40 g/t Au from 88m, Incl. 1m @ 10.30 g/t Au from 88m

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• SSMH0077: 2m @ 12.33 g/t Au from 88m, Incl. 1m @ 22.8 g/t Au at 89m (EOH)

*Results from ASX announcement by Moho, 19 November 2020: “High grade diamond drill results - East Sampson Dam gold prospect”

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**Results from ASX announcement by Moho, 11 February 2020: “Significant gold assays at East Sampson Dam prospect”

GOLD MINING INVESTIGATIONS UNDERWAY

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• Excellent preliminary metallurgical results & Phase 1 RC drilling completed – Aug 2020

• Flora and Fauna survey completed - no environmental impediments identified

• Aboriginal heritage survey completed – no sites of cultural or archaeological significance identified

• Potential toll milling arrangements under investigation

• Pit optimisation studies - ongoing

• Phases 2 RC and diamond drilling at East Sampson Dam - underway

• Maiden JORC Mineral Resource* – Q1 2021

• Scoping Study* – H1 2021

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*Subject to drill rig availability

UPCOMING NEWSFLOW

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Diamond • Remaining 5 holes Completed
Drilling ESD Results Expected Dec 20
• 40 holes planned for Dec 20
Dec20 RC Drilling ESD
Results expected Jan 21
RC & Diamond • Planned for Jan21
Jan21
Drilling BCN Results expected Feb21
Feb21 Preliminary • Expected Feb/Mar21
JORC Resource
•
Extension AC Planned for Feb21
Mar21
Drilling SSN Results expected Mar21
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ON TRACK TO BECOME SELF-FUNDED EXPLORER AND PRODUCER

Cashflow from East Sampson Dam gold production will enable exploration at company maker gold deposits – Empress Springs & Burracoppin