MT MALCOLM MINES NL — Investor Presentation 2021

Nov 30, 2021

==> picture [110 x 135] intentionally omitted <==

Mt Malcolm Mines NL ASX CODE: M2M

==> picture [960 x 218] intentionally omitted <==

Strategically Located Explorer Unlocking A Prolific Gold Bearing Structure

www.mtmalcolm.com.au

December 2021

Disclaimer and forward-looking statements

==> picture [56 x 68] intentionally omitted <==

This presentation is not a prospectus` nor an offer of securities for subscription or sale in any jurisdiction nor a securities recommendation. The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment decisions, investors should rely on their own examination of Mt Malcolm Mines NL (Company) and consult with their own legal, tax, business and/or financial advisers in connection with any acquisition of securities or interest in Mt Malcolm Mines NL or its projects. The information contained in this presentation has been prepared in good faith by the Company.

However, no representation or warranty, express or implied, is made as to the completeness or adequacy of any statements, estimates, opinions or other information contained in this presentation. To the maximum extent permitted by law, the Company, its directors, officers, employees and agents disclaim liability for any loss or damage which may be suffered by any person through the use of, or reliance on, anything contained in or omitted from this presentation. Certain information in this presentation refers to the intentions of the Company, but these are not intended to be forecasts, forward looking statements, or statements about future matters for the purposes of the Corporations Act 2001 (Cth) or any other applicable law. The occurrence of events in the future are subject to risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements to differ from those referred to in this presentation to occur as contemplated. The presentation contains only a synopsis of more detailed information available in relation to the matters described in this document and accordingly no reliance may be placed for any purpose whatsoever on the sufficiency or completeness of such information and to do so could potentially expose you to a significant risk of losing any of the property invested by you or incurring by you of additional liability. Recipients of this presentation should conduct their own investigation, evaluation and analysis of the business, data and property described in this presentation. In particular, any estimates or projections or opinions contained herein necessarily involve significant elements of subjective judgment, analysis and assumptions and you should satisfy yourself in relation to such matters.

COMPETENT PERSON STATEMENT

The information in this report that relates to exploration results and exploration targets is based on and fairly represents information compiled by Mr Paul Maher, a Competent Person who is a Member of the Australasian Institute of Mining and Metallurgy. Paul has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Paul consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

All parties have consented to the inclusion of their work for the purposes of this presentation. The interpretations and conclusions reached in this presentation are based on current geological theory and the best evidence available to the author at the time of writing. It is the nature of all scientific conclusions that they are founded on an assessment of probabilities and, however high these probabilities might be, they make no claim for absolute certainty. Any economic decisions which might be taken on the basis of interpretations or conclusions contained in this presentation will therefore carry an element of risk.

This release is authorised by the Board of Directors of Mt Malcolm Mines NL.

2

Introducing Mount Malcolm Mines NL

Strategically located gold play focused on the highly prospective Keith-Kilkenny Tectonic Zone

==> picture [56 x 68] intentionally omitted <==

Strategic location in a well endowed gold district

• Premium land position in the Eastern Goldfields covering a 30km strike of the Keith-Kilkenny Tectonic Zone (KKTZ) – a world class, multimillion-ounce gold bearing structure right in the heart of Western Australia’s Tier 1 LeonoraLaverton region

• Substantial ~274km[2] project tenure, 10-25km east of Leonora – with multiple gold processing and infrastructure options in close proximity of project

• Central to 8 producing gold mines/mills within 100km radius

Under-explored asset base with significant discovery potential

• Nine (100% owned) highly prospective target areas - the result of a consolidation of over 120 prospecting licenses (PLs) for the very first time over this section of the KKTZ

• Limited modern exploration techniques applied across tenement portfolio

• Clear focus to uncover significant deposits within KKTZ structural setting

Initial exploration to focus on extensions of historic production areas and follow-up of highgrade drill intercepts

• Mt Malcolm Mining Centre – historical production yield of 47,200 oz (62,485 t @ 23.5 g/t Au) prior to 1954

• Significant exploration target at the Calypso prospect of between 160k - 357koz gold at shallow depth offering near-term JORC 2012 resource conversion potential. There are several additional prospects that present similar potential

• Shallow, high-grade gold intercepts across shear zones, including:

• 5.32m @ 3.77g/t Au from 10.98m ( Calypso Prospect)

• 24m @ 2.48 g/t Au (10-34m) incl 5m @ 7.37 g/t Au (18-23m) (Dover Castle Prospect)

• 4m @ 7.44 g/t Au (32-36m) in MB01 including 1m @ 18.5 g/t Au (36-37m) (Dumbarton's Prospect)

Image Sources:

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02386383 https://www.daciangold.com.au/site/operations/resources-and-reserves

https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02370818 https://www.goldfields.com/pdf/investors/integrated-annual-reports/2020/mmr-2020.pdf https://www.anglogoldashanti.com/portfolio/australia/sunrise-dam/

https://www.red5limited.com/site/operations/resources-reserves

==> picture [297 x 434] intentionally omitted <==

https://saturnmetals.com.au/wp-content/uploads/2021/01/STN-ASX-Announcement_Resource-Upgrade-Apollo-Hill_FINAL-1.pdf https://www.asx.com.au/smalltomidcaps/asia/may2013/pres_sar.pdf

3

Geological Setting – Eastern Goldfields Superterrane Leonora - Laverton district with gold endowment of +50Moz and counting

==> picture [56 x 68] intentionally omitted <==

Located in the heart of WA’s world-renowned Yilgarn-Craton (Eastern Goldfields) and surrounded by several multi million ounce gold deposits

• Sons of Gwalia Mine, St Barbara (SBM.ASX) +5Moz[1]

• Mt Morgans, Dacian (DCN.ASX) +1.96Moz[2]

• Thunderbox, Northern Star (NSR.ASX) +3Moz[3]

• Granny Smith/Wallaby, Gold Fields (GFI.JSE) +7Moz[4]

• Sunrise Dam, Anglo Gold Ashanti (AGG.ASX) +4Moz[5]

• King of the Hills, Red5 (RED.ASX) +4Moz[6]

Tenement holdings are dissected by the districts prevalent gold fertile and highly prospective Keith-Kilkenny Tectonic Zone (“KKTZ”)

• KKTZ regarded as a deep-seated, mantle tapping structure providing a regional conduit for mineralised metasomatic fluids and highly prospective for gold accumulation

• Complex structural system of North West orientated shearing, faulting and gold prospective geology

• Variety of mineralisation styles – BIF, shear zone, quartz lode, porphyry intrusives

• 30km of mostly contiguous strike along a highly sought after section of the KKTZ surrounded by the highly prospective Malcolm and Minerie Greenstone Belts

• Past exploration drilling has intersected strong gold mineralisation at/close to surface within the Mt Malcolm holdings.

Notes:

• 1) https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02386383

==> picture [504 x 356] intentionally omitted <==

• 2) https://www.daciangold.com.au/site/operations/resources-and-reserves

• 3) https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02370818

• 4) https://www.goldfields.com/pdf/investors/integrated-annual-reports/2020/mmr-2020.pdf

• 5) https://www.anglogoldashanti.com/portfolio/australia/sunrise-dam/

• 6) https://www.red5limited.com/site/operations/resources-reserves

Additional Soutces

~~https://www.asx.co~~ m.au/smalltomidcaps/asia/may2013/pres_sar.pdf https://saturnmetals.com.au/wp-content/uploads/2021/01/STN-ASX-Announcement_Resource-Upgrade-Apollo-Hill_FINAL-1.pdf

4

Malcolm Gold Project

Under-explored project that area has been consolidated for the first time by a single owner

==> picture [56 x 68] intentionally omitted <==

==> picture [538 x 380] intentionally omitted <==

Limited modern systematic exploration over prospect areas due to fragmented historical ownership

• Majority of tenements acquired from Local Prospectors

• KKTZ is largely concealed beneath transported regolith and soil it has only seen shallow drilling presenting an opportunity for further exploration success

• “Old workings” exploited high grade (>20g/t gold) portions of veining systems but did not pursue other styles of gold mineralisation

Nine major prospect areas identified across the western margin of the KKTZ comprising 150 mineral tenements spread over ~274km[2] including:

• Mt George

• Emu Egg

• Rabbit Warren and Germatong

• Pig Well

• Sunday to Picnic shear zone

• Malcolm Dam – including Golden Crown and Malcolm King

• Malcolm Mining Centre – including the Black Cap Shear Zone, Dumbartons and Dover Castle

• Mt Stewart – including Paleochannel

• Calypso

Clear strategy to add shareholder value via:

• Targeting immediate resource opportunities at advanced prospects – Calypso, Dover Castle, Dumbartons and SundayPicnic Shear Zone; Calypso exploration target (refer to Slide 7 for further details).

• Test pipeline of regional targets with high-grade walk up drill targets – i.e. Golden Crown intersections including 4m @ 10.4 g/t Au (32-36m)

5

Substantial Active Portfolio of Targets Focused on Immediate Resource Base Opportunities

==> picture [56 x 68] intentionally omitted <==

==> picture [412 x 294] intentionally omitted <==

----- Start of picture text -----

Calypso •
Dumbarton •
Dover Castle
Golden Crown
Mt Germatong, •
Malcolm Mining Centre
Sunday - Picnic Shear Zone
Golden Valley, Mt George, Nicks Knob,
Braemore, Mt Stewart, Orphan, Scallywag
Palaeochannel, Emu Egg South
----- End of picture text -----

Prime Resource Targets

• Open along strike and at depth, walk up drill targets

• Confirmation of existing mineralisation

Immediate Resource Targets

• Historical drilling has identified strong Au mineralisation at numerous prospects with immediate potential to advance to resource status

Advanced Prospects

• Anomalous gold-in-soil results and some significant drill intercepts

Additional Exploration Prospects

Keith Kilkenny Tectonic Zone, Pig Well Graben and Emu Egg North, Allan Well, Woolshed

• Structural and Magnetic Anomalies

• • Anomalous Rock chip sampling

6

Prime Resource Targets Near-term potential to advance resource status

==> picture [56 x 68] intentionally omitted <==

Calypso

• Large magnetic signature with mineralisation established

• Exploration target at the Calypso prospect of between 2.9 Mt and 3.9 Mt at grades ranging from 1.6 g/t to 2.2 g/t Au[1]

• Discovered by BHP in the 1980s as a shallow dipping gold deposit mineralisation associated with a variety of NNW trending sedimentary rock types and faulting

• Multiple owners followed with inconsistent strategy for this ore style

• Mineralisation occurs along a sheared BIF/conglomerate contact

• Mineralisation open in all directions

• Historical drill intersections from BHP, North and Torian and include:

• MAD009 5m @ 4.78 g/t Au (10-16m)

• MAD003 multiple +1.0g/t narrow intersections with 14.9m @ 1.55 g/t Au (190.5-205.4m) near EOH

• MAD015 37m @ 1.02 g/t Au (8-45m)

• CPRC010 5m @ 4.56 g/t Au (102-107m)

• CRC024 1m @ 2.84 g/t Au (89-90m)

• 1m @ 1.16 g/t Au (92-93m) and

• 1m @ 2.0 g/t Au (96-97m)

• RC (1,280m) programme completed, with diamond drilling planned for 1[st] Q 2022 to delineate a JORC (2012) mineral resource.

• The Exploration Target is conceptual in nature as it is estimated without sufficient verifiable accurate data for a reliable resource estimate and so it cannot be assumed that all or any part of an Exploration Target will eventually be converted to a mineral resource under the JORC Code following further exploration and evaluation.

==> picture [525 x 365] intentionally omitted <==

Calypso Prospect with Aero magnetic (TMI) signature and significant drill intersections over aerial photography

7

Gravity Survey Defines Four Targets at Calypso

Recent survey delivers high density target assisting geological understanding

==> picture [56 x 68] intentionally omitted <==

• The 4 targets range in depth from surface between 105m – 180m

• Large high density response identified beneath established target areas

• Historic drilling confirms gold mineralisation at target 2

• 10 RC drill holes completed in past 2 weeks to confirm historic mineralisation, assays pending

• Deep diamond drill planning in progress designed to test stratigraphic and geochemical characteristics beneath the known mineralisation into high density unit

==> picture [428 x 323] intentionally omitted <==

==> picture [405 x 357] intentionally omitted <==

----- Start of picture text -----

2 3
1
4
----- End of picture text -----

Isometric view of the four gravity target areas – identified at depths between 105m - 180m, and sitting above a large extremely high density gravity response

Simple gravity Bouguer anomaly. Four individual target areas (circled in red) displaying a higher order gravity response have been defined

Prime Resource Targets

Exceptional upside to expand resource base build through walk up drill targets

==> picture [56 x 68] intentionally omitted <==

Dover Castle

• Gold mineralisation within steeply dipping quartz veined shears

• Strike extensions to Dover Castle are mineralised for +2km but the corridor only been tested with shallow RAB drilling.

• Locally shears and fault zones persist for hundreds of metres along strike.

• Drill intersections Jubilee and Torian (2017) include:

• MSR185 16m @ 2.34 g/t Au (4-20m)

• DCRC005 24m @ 2.48 g/t Au (10-34m) incl 5m @ 7.37 g/t Au (18-23m)

Dumbartons

• Mineralisation at Dumbarton's (2,951oz) is contained within steeply dipping quartz veined shears, the deposit remains open along strike and down dip of the current drillholes. A target zone +700m x 50m requires further drill testing.

• Historical intersections from North and Torian include:

• 4m @ 5.73 g/t Au (35-39m) in MB1 incl. 1m @ 18.5 g/t Au

• 4m @ 7.00 g/t Au from (44-48m) in MSR 282

• Resource delineation to follow confirmatory drill testing at both targets

• Programmes of Works submitted to DMIRS

==> picture [500 x 353] intentionally omitted <==

Mt Malcolm Mining Centre with Black Cap Shear and target zones with Historical Drilling on Interpretive Geological Map (GSWA)

9

Immediate Resource Targets

Multiple ore grade intercepts with opportunity to convert to resources

==> picture [56 x 68] intentionally omitted <==

Golden Crown

• Gold mineralisation is hosted by northwest, north-northwest and east-west trending shear zones and is typically associated with quartz, iron carbonate, iron chlorite and sericite alteration and variable (minor to 5%) pyrite and arsenopyrite mineralisation.

• Significant drill intersections returned from historical drilling include:

• 4m @ 10.4g/t Au (32-36m) in MSR 344

• 4m @ 5.01g/t (17-21m) in MRC 53

• 8m @ 3.2g/t Au (29-37m) in MRC 67

• 12m @ 2.4g/t (15-27m) in MRC 55

• 8m @ 1.3g/t (40-48m) in MSR 345

• 16m @ 1.63g/t (8-24m) in MDRC 004

• 2m @ 1.12g/t (15-19m) in MRC 57

• 2m @1.81g/t (11-13m) and

• 2m @ 2.28g/t Au (27-29m) in MRC 70

• Mining License granted over tenement - M37/475

• Resource delineation to follow confirmatory drill testing

==> picture [508 x 347] intentionally omitted <==

Mt Malcolm, 15km east of Leonora with part of the historic Golden Crown workings in foreground

10

Immediate Resource Targets Classic Orogenic Shear System with high grade historical drill intercepts

==> picture [56 x 68] intentionally omitted <==

Sunday-Picnic Shear Zone target

• Located on the Picnic Shear in the centre of the Project area covering regional scale shearing associated with the KKTZ. The NNW shear zones are traceable over 5km and display numerous anomalous drill intercepts and anomalous soil geochemistry along the structure.

• Gold mineralisation is associated with sheared lithological contacts or close to sheared lithological contacts

• Historic channel sampling at Sunday returned:

• 2m @ 108 g/t Au, 1.75m @ 73.1 g/t Au and 3m @ 17.18 g/t Au.

• RC drill results (Pacrim Energy 2007) include:

• PNRC002 2m @ 35.35 g/t Au (89-91m) Quartz vein incl. 1m @ 49.5 g/t Au

• PNRC005 3m @ 1.09 g/t Au (52-55m) Felsic schist, with trace to 20% quartz

• Multiple shear zone structure with high grade drill intercepts requiring follow-up

• Strategy – initial 5,000m AC drilling programme planning commenced to systematically test shear systems within the prospect

==> picture [519 x 366] intentionally omitted <==

Geological Interpretation of Sunday-Picnic Prospect with Historical Drilling, Structural Trends and Target Areas

11

Advanced Prospects

Strong anomalism with further drilling required to define target limits

==> picture [352 x 398] intentionally omitted <==

Emu Egg

• Emu Egg prospects proximity to the KKTZ provides a favourable stratigraphic and structural setting for gold mineralisation where higher gold values appear spatially associated with the higher more prominent magnetic signatures.

• The Southern gold prospect (right image) in the project area occurs as a northwest – southeast-trending anomaly between several subtle roughly north –south structures, which are defined by smaller, but significant gold-in-auger soil anomalies surrounding (1,300m x 200m) gold-in-soil anomaly peaking at 534 ppm Au.

• Higher order drill intersections include 2m @ 14.70g/t Au (1618m) in EEGRC7 and 34m @ 1.20g/t Au (28-62m) in BMRC34.

• Better drill intersections - Gilt Edge (1995-2002) include:

• BRRB026; 4-11m, 7m @ 2.0g/t Au

• BRRB030; 15-19m, 4m @ 1.3g/t Au

• BRRB056; 27-34m, 7m @ 2.6g/t Au

• BRRC002; 36-39m, 3m @ 2.08g/t Au

• BRRC003; 40-43m, 3m @ 1.48g/t Au

• BRRC004; 33-34m, 1m @ 2.15g/t Au and

• BBRC004; 65-67m, 2m @ 1.57g/t Au

==> picture [56 x 68] intentionally omitted <==

Emu Egg South gold-in-soil anomaly, with delineated structural trends

12

Additional Exploration Prospects Undertaking focused and systematic exploration

==> picture [56 x 68] intentionally omitted <==

Keith Kilkenny Tectonic Zone

• The Keith-Kilkenny Tectonic Zone (KKTZ) is a significant regional structural dislocation that is traceable over 300km and up to 5km wide in places. The structure is a disjointed fault/shear riddled zone that hosts numerous gold and nickel mines dotted along its entire length. The megastructure, including associated splay faulting, is regarded as a deepseated mantle tapping lineation and a regional conduit for mineralised fluids.

Regional Targets at Mt George and Mt Germatong

• Soils and historic drill intercepts require follow up at both locations with data base compilation, structural and soil geochemistry being the initial focus followed by drilling programmes to determine extent and nature of mineral occurrences.

Magnetic Features

• Provides delineation of structural trends and lithological contacts which is important as they tend to be zones of transposition of bedding into foliation and are also zones of relatively higher deformation contrasts. The left or right stepping flexures in shears, zones of shear zone bifurcation or shear zone width also appear to play an important role on the distribution of gold mineralisation within the shear regime. Gold mineralisation is primarily structurally controlled and often on or close to lithological contacts

==> picture [508 x 359] intentionally omitted <==

Aeromagnetic (TMI) image and M2M Prospects and Projects

13

Planned Exploration Schedule 2021-2022 Consistent news flows

==> picture [56 x 68] intentionally omitted <==

High impact drilling to commence in 1[st] Quarter 2022

• 25,000m of drilling (Diamond, RC and RAB/Aircore) to commence at multiple prospects in the coming year with follow up drilling planned to continue.

• Low level, high resolution, drone controlled magnetic surveys aimed at detailed structural definition of target areas to assist with drill positioning.

Primary Target Areas Include:

• Calypso follow up significant intersections in core, CDH3 (MD3) which included several +1g/t intersections and 14.9m @ 1.55g/t Au (190.5-205.4) - DD drill target 2 gravity response

• Sunday-Picnic Shear Zone, strike extensions of PNRC002 at Picnic south that returned 2m @ 35.35g/t Au (89-91m) - RC drill target

• Golden Crown, follow up two close intersections (<10m) apart MRC053 4m @ 5.01g/t Au (17-21m) and MRC067 8m @ 3.17 g/t Au (29-37m) - RC target strike and plunge extensions

• Emu Egg follow up drill intersections including 2m @ 14.70g/t Au (16-18m) in EEGRC7 and 34m @ 1.20g/t Au (28-62m) in BMRC34.

Prospect Work Streams December January February March Sunday-Picnic RC Calypso DD / RC Malcolm King, Golden Crown, Picnic RC Shear, Dover Castle, Dumbartons, Germatong Malcolm Mining Centre, Pig Well, RAB, AC Emu Egg, Golden Valley, Mt George, Mt Stewart, Calypso Various on ground exploration Air-Mag / Geochem activities

14

==> picture [56 x 68] intentionally omitted <==

Mount Malcolm Mines Board and Management

Track record of shareholder value creation through discovering, developing and monetising world-class gold deposits

Trevor Dixon

Managing Director

Trevor is an entrepreneur with more than 30 years of experience in the mining and exploration sector in Western Australia. He was a founding vendor to listed companies including Jubilee Mines, Terrain Minerals, Regal Resources and Kin Mining NL where he served as the founding MD and a former Chairman. He has managed mining services businesses and as a private individual identifying and acquiring prospective mineral projects. Trevor has management experience in areas of contractual outcomes, Mining Act regulatory procedures and standards, Tenement Management and a long history of Native Title negotiations and resolutions. Trevor is a member of the Australian Institute of Company Directors.

Robert Downy

Chairman

Rob was admitted as a barrister and solicitor of the Supreme Court of Western Australia in December 1999. He has practiced in areas of international law, corporate law and initial public offerings as well as mergers and acquisitions. He has extensive legal experience as an advisor and director of various ASX, TSX and AIM companies. Rob has held, and continues to hold, directorships of many publicly listed companies and regularly advises boards on issues of governance and strategy. Rob is currently a founding partner at Dominion Legal.

Gary Powell

Non-Executive Director

Gary is an experienced exploration geologist and mining executive with +35 years of local and international experience in exploration, overseeing project development and gold mining. He recently resigned as the Business Development Consultant for Red 5 Limited to pursue private exploration company interests. Gary is currently Managing Director and CEO of Burley Minerals Ltd (ASX:BUR) and a member of the AIG and AusIMM.

Daniel Tuffin

Technical Director

Daniel is an experienced hands-on Mining Engineer. He is currently the MD of Auralia Mining Consulting, a boutique mine consultancy that specialises in all aspects of Project Development, Mining Studies and Public Mining Ventures. Daniel holds degrees in Mining Engineering (BEng) from the University of Ballarat, Mining and Engineering Surveying (BSc) from WASM, a Diploma in Project Management is a Fellow and an accredited Chartered Professional with the AusIMM, and a Member of the Australian Institute of Company Directors, having completed their Company Director Course.

Henko Vos

Company Secretary

Henko is a member of the Governance Institute of Australia, the Australian Institute of Company Directors, Chartered Accountants Australia and New Zealand and a Registered Company Auditor with more than 20 years’ experience working within public practice, specifically within the area of corporate and accounting services both in Australia and South Africa. He holds similar secretarial roles in various other listed public companies in both industrial and resource sectors. Mr Vos is an employee of Nexia Perth, a mid-tier corporate advisory and accounting practice.

15

Corporate Overview Well funded to capitalise on aggressive exploration plan

==> picture [56 x 68] intentionally omitted <==

Capital Structure	Prospectus Use of Funds (2 Years) Amount ($)
ASX Code M2M Share Price (29th Nov ’21) $0.17 Cash at Bank (30 Sept ‘21) $7.15M IPO Shares 40,000,000 Total Shares on issue 83,852,001 Market Cap (last price 17c) $14.25M Enterprise Value ~$7.10M Options (@IPO – 3 years @ $0.30) 8,515,560 Exploration $5.5M Tenement Fees $0.3M Expenses of the Offer $0.4M Admin & working capital $1.8M TOTAL $8.0M

M2M listed on 10[th] September 2021

Shareholder Structure Board & Management	26%
Top 20 Shareholders	50.5%
Other Shareholders	49.5%
Total	83,852,001
Escrowed Shares	46%

Since listing, M2M has completed a gravity survey over its flagship Calypso project, conducted a 10 hole (1,280m) RC confirmatory drill program at Calypso (assays pending), conducted a 9 hole (860m) RC confirmatory drill program at Golden Crown (assays pending)

16

Investment Highlights

Strategically located explorer unlocking a prolific gold bearing structure

==> picture [56 x 68] intentionally omitted <==

Mt Malcolm Gold Project (MMGP) - Strategic location in a well endowed gold district

• Consolidated tenement package surrounded by an extensive list of junior, mid-tier and major gold mining companies who occupy the Leonora / Laverton district which is primed for consolidation

• Tenements occupy 30km strike along a highly sought after section of the Keith Kilkenny Tectonic Zone which is host to multiple million ounce gold deposits

Exploration to focus on extensions of historic high grade production and follow-up of historic high grade gold intercepts

• Mt Malcolm Mining Centre – historical production yield of 47,200 oz (62,485 t @ 23.5 g/t Au) prior to 1954

• Significant exploration target at the Calypso prospect at shallow depth offering near-term JORC 2012 resource conversion potential. Several additional prospects that present similar potential

Proven board and management team with intimate knowledge of exploration and the Leonora-Laverton region

• Well cemented local relationships and knowledge acquired by operating in the region for over 30+ years

Highly leveraged to exploration success – modest EV and strong cash balance to fund exploration

• ~$8m EV provides attractive upside on exploration success

• ~$8m cash balance to aggressively explore drill ready targets and grow resource base

• Drilling contractor - iDrilling (also major shareholder) engaged to commence drilling shortly after IPO listing

17

==> picture [133 x 162] intentionally omitted <==

Trevor Dixon | Managing Director

8 Sarich Court Osborne Park WA 6017 T: (08) 6244 6617 E: admin@mtmalcolm.com.au

www.mtmalcolm.com.au

==> picture [677 x 540] intentionally omitted <==

Appendix 1: Orogenic Gold System (OGS) Schematic models of WA crustal-scale shear zones for Archean Gold Mineralisation

==> picture [56 x 68] intentionally omitted <==

==> picture [246 x 312] intentionally omitted <==

==> picture [586 x 315] intentionally omitted <==

19

Appendix 2: Deep Seated Plumbing System Present Apply the sciences (Geophysical, Geochemical, Geological) to unlock the potential

==> picture [56 x 68] intentionally omitted <==

01AGSNY1 seismic reflection line [--------------- over MT MALCOLM MINES NL land holdings -------------------] Long Section

==> picture [832 x 326] intentionally omitted <==

20