MOHO RESOURCES LIMITED — Investor Presentation 2020

Aug 24, 2020

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THE MOHOROVICIC DISCONTINUITY: THE BOUNDARY SEPERATING THE CRUST & MANTLE OF THE EARTH ACROSS WHICH SEISMIC WAVES CHANGE VELOCITIES

Aug 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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INVESTMENT ADVANTAGES

OPTIMALLY STRUCTURED PROJECT GROWTH PROFILE

Gold projects structured to enable sustained growth of the company as a self-funded explorer

CLOSE TO GOLD MINING INFRASTRUCTURE

LESS SHAREHOLDER DILUTION Proximity to Gold Mining infrastructure means cheaper mining start up costs

EARLY CASHFLOW POTENTIAL HIGH GOLD PRICE: A$2700 Moho is progressing mining studies towards a early mining proposition in 2021 taking advantage of high gold price

LOW SHARE PRICE

SHARE PRICE: $0.135 Current share price low for a company heading towards gold production

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Key Objectives

• Maximise shareholder value through early stage cashflow generation

• Minimise shareholder dilution by becoming a selffunded explorer

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PRE-SPP STRUCTURE

FULLY SUBSCRIBED POST-SPP STRUCTURE

SHARES OPTIONS SHARES OPTIONS 66M 27M 84.5M 27.5M On Issue On Issue (100%) (100%) (100%) (100%) Units Units 5.5M (8.16%) 6.5M (23.47%) 5.5M (6.39%) 6.5M (23.47%) Escrowed^ Escrowed^ Share Price $0.135 Option Price *$0.054 Enterprise Enterprise *~ $8.6M ~ $9.M* Value Value Top 20 ~37% Total number at COB 21 Aug 2020 **Share price at COB 21 Aug 2020 Tight Capital Structure Option price at COB 21 Aug 2020 *Options include director performance milestones **Based on same share price at COB 21 Aug 2020 ^ Units escrowed till 7 November 2020

Tight Capital Structure

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DIRECTORS

• Terry Streeter (Non-Exec Chairman)

• Shane Sadleir (Managing Director) - Geoscientist

• Ralph Winter (Commercial Director) – Corporate

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

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Experienced Directors & Technical Team

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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EMPRESS SPRINGS Au
SILVER SWAN NORTH Au/Ni
BURRACOPPIN Au
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PROJECTS

• Focus on Gold in WA & QLD

• Exposure to Nickel in prospective

• ground holdings around Poseidon’s Black Swan Silver Swan Nickel Project

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Focus on Gold

• Market volatility expected to keep gold price high for several years

• Exceptional AUD gold price due to:

• Ongoing trade tensions between US and China

• Global Coronavirus impact

• Falling US$ & favorable AUD/USD exchange rate

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Window of Opportunity

• Moho taking advantage of:

• current high gold price (~A$2,700/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

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• Pursuing gold production potential at 100% owned and managed East Sampson Dam

Moho Forging Ahead

• Ramping up at East Sampson Dam prospect with ~$725,000 spent on M27/263 in the last year alone

• Expanding gold exploration at Silver Swan North and Burracoppin projects in Western Australia

• Innovative Geochem & Geophysics surveys underway in Queensland

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Silver Swan North Gold Project Near Kalgoorlie

• Potential for early stage cashflow

• Extensive Land holding ~78km[2] (100% ownership)

• Significant 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

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

2. Aircore drill test gold auger anomalies on M27/263, including 2 km long ESD - Tyrells zone and other anomalies

3. Further auger sampling to confirm anomalous areas within Moho’s 100% owned tenements (E27/528 and P27/2232), including the Yalumba, Happs and Hugo prospects

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High Grade Results at ESD*

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 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, 11 February 2020: “Significant gold assays at East Sampson Dam prospect”

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• Working towards low CAPEX mine production (contract mining and toll milling)

• Excellent preliminary metallurgical results – ASX Announcement 25 Aug ‘20

• Phase 1 RC drilling results – Aug 2020

• Mineralisation & structural characterisation studies (hyperspectral scanning and downhole televiewing) – Aug 2020

GOLD MINING INVESTIGATIONS UNDERWAY AT EAST SAMPSON DAM

• 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

• Preliminary studies by consultant mining engineer and CSA Global (Q3 2020)

• Preliminary pit optimisation by Whittle design consultant Minecomp Pty Ltd (Q3 2020)

• Phases 2-4 Infill RC and diamond drilling at East Sampson Dam (Q3/4 2020)

• Detailed metallurgical test work – Q4 2020

• Maiden JORC Mineral Resource* – Q4 2020

• Scoping Study* – H1 2021

*Subject to drill rig availability

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ON TRACK TO BECOME SELF FUNDED EXPLORER AND PRODUCER

Pursuing cashflow generation by potential East Sampson Dam gold production which will enable the company to expand exploration and further potential gold mining operations at Silver Swan & Burracoppin (WA) and

Empress Springs (QLD)

INVESTMENT ADVANTAGES

OPTIMALLY STRUCTURED PROJECT GROWTH PROFILE

Gold projects structured to enable sustained growth of the company as a self-funded explorer

CLOSE TO GOLD MINING INFRASTRUCTURE

LESS SHAREHOLDER DILUTION Proximity to Gold Mining infrastructure means cheaper mining start up costs

EARLY CASHFLOW POTENTIAL HIGH GOLD PRICE: A$2700 Moho is progressing mining studies towards a early mining proposition in 2021 taking advantage of high gold price

LOW SHARE PRICE

SHARE PRICE: $0.135 Current share price low for a company heading towards gold production