ORBMINCO LIMITED — AGM Information 2019

Nov 25, 2019

CHAIRMAN’S ADDRESS FOR 2019 AGM

Dear Shareholders

Welcome to the second AGM of Woomera Mining Limited (“Woomera” or “Company”), following our re-listing last year.

During the last year, our Company has made material progress with the implementation of its exploration plans and in improving the quality of its assets. This has been achieved notwithstanding a challenging market for junior explorers.

The recent acquisition of an interest in the Mount Venn Gold Project in Western Australia has the potential to produce a transformational effect on the Company. The acquisition was completed in September 2019, following a placement and rights offer which raised approximately $1.5m (before costs and expenses). The acquisition of the tenement holder (Yamarna West Pty. Ltd) delivers an 80% interest in 2 granted exploration licences (E 38/3111 and E 38/3150). The potential for gold discoveries is considered to be excellent given previous exploration results and the proximity to the Gruyere Gold Deposit.

Importantly, Woomera announced last week, the commencement of a 2 Phase Exploration Program for the Mount Venn Project and confirmed yesterday the commencement of drilling on the Three Bears Prospect.

Highlights of other exploration activities during the year include:

• Completion of an initial drilling program on the Pilgangoora tenements in Western Australia in August 2019 following earlier rock chip and soil sampling operations. The drilling program tested 5 pegmatite bodies and an area of intense greisenisation identified from the earlier soil and rock chip sampling.

• The Company remains enthusiastic and committed about the exploration of its interests in the Mt Catlin Tenements. Woomera holds 3 Exploration Licences in this region and has been pursuing consents from local landowners with a view to gaining access for the commencement of a soil and rock sampling program in early 2020.

• The Musgrave Alcurra – Tieyon Project remains a high priority for the Company, notwithstanding the withdrawal of OZ Exploration Pty. Ltd. from the project in March 2019. The tenement position has been restored to its original foot-print and the Company is pursuing aboriginal consents to enable the Cavanagh and O’Mahony prospects to be drilled. These are considered to be the best targets in the Project Area.

• The Nawa and Labyrinth Projects in the Gawler Craton also remain a focus for the Company. Heritage and Defence Department approvals are being actively pursued.

Woomera has emerged from this year controlling a larger and higher quality asset base, with the addition of potential for quicker and more dynamic growth in shareholder value. The immediate focus will now be on the Mount Venn Gold Project, where historical exploration results and proximity to the Gruyere Gold Deposit, provide substantial encouragement to proceed with the 2

Phase drilling program recently announced. However, this in no way moderates the Company’s interest in its tenements situated elsewhere in Western Australia and in South Australia. These remain a focus for the Company’s exploration plans and will be progressed as approvals are procured and funding permits.

Finally, I would also like to acknowledge an important research project being undertaken by the Company. The project aims to establish an in situ based metal detection method for the presence of remanent magnetic fields. In particular, the research involves the establishment of mathematical procedures to enable the development of 3D models of potential base metal deposits which give rise to anomalous magnetic responses. We believe that this research could be of significant benefit to the Company.

Neville Martin Chairman Woomera Mining Limited