OZZ RESOURCES LIMITED — Investor Presentation 2021

Jul 4, 2021

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HIGH-LEVERAGE GOLD EXPLORATION IN WESTERN AUSTRALIA’S PREMIER MINING BELTS

Investor Presentation │ July 2021

ASX Code | OZZ

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O z z R e s o u r c e s L i m i t e d … A g g r e s s i v e g o l d e x p l o r a t i o n i n W e s t e r n A u s t r a l i a ’ s T i e r 1 M i n i n g D i s t r i c t s

Cautionary Statements

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Ozz Resources Limited (Ozz) ACN 643 844 544 is the issuer of this presentation. The issue of this presentation is intended only for the person or entity to which it has been transmitted.

This presentation contains only a brief overview of Ozz Resources Limited (“Ozz or The Company") and its activities. The contents of this presentation, including matters relating to the geology of Ozz’s projects, may rely on various assumptions and subjective interpretations which it is not possible to detail in this presentation and which have not been subject to any independent verification.

This presentation might contain forward-looking statements with known and unknown risks and uncertainties. Factors outside of Ozz’s control, may cause the actual results, performance and achievements of Ozz to differ materially from those expressed or implied in this presentation. To the maximum extent permitted by law, Ozz does not warrant the accuracy, currency or completeness of the information in this presentation, nor the future performance of Ozz, and will not be responsible for any loss or damage arising from the use of the information. The information contained in this presentation is not a substitute for detailed investigation or analysis of any particular issue. Current and potential investors and shareholders should seek independent advice before making any investment decision in regard to Ozz or its activities.

The information in this presentation that relates to Historic Exploration Results is extracted from Ozz’s Prospectus, lodged with ASIC on May 7, 2021 and the First and Second Supplementary Prospectus’ lodged on May 25 and June 15 respectfully and available on Ozz’s website www.ozzresources.com.au. In this document, the appropriate Competent Person’s consents were obtained for the release of that information and those consents remain in place for subsequent releases by the Company of the same information in the same form and context, until the consent is withdrawn or replaced by a subsequent report and accompanying consent. The Company confirms that it is not aware of any new information or data that materially affects the information included in this presentation. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the statement.

You should not act or refrain from acting in reliance on this presentation material. This overview of Ozz does not purport to be all inclusive or to contain all information which its recipients may require in order to make an informed assessment of the Company’s prospects. You should conduct your own investigation and perform your own analysis in order to satisfy yourself as to the accuracy and completeness of the information, statements and opinions contained in this presentation and making any investment decision.

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O z z R e s o u r c e s L i m i t e d … A g g r e s s i v e g o l d e x p l o r a t i o n i n W e s t e r n A u s t r a l i a ’ s T i e r 1 M i n i n g D i s t r i c t s

Strategy – to Rapidly Explore and Develop Gold Resources

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• Five projects LOCATED NEAR MAJOR GOLD PRODUCTION CENTRES and along strike on major regional mineralising structures:

• Central Murchison (Cue-Meekatharra), Leonora , Midwest

• Focused on areas with proven gold endowment and nearby processing plants with potential for toll treatment

• Rabbit Bore Project located near the recent Odyssey Gold (ASX: ODY) discovery at Bottle Dump

• STRONG AND EXPERIENCED MANAGEMENT TEAM

• $5M IPO COMPLETED with ASX listing 5th July 2021 :

• DRILL-READY TARGETS with plan for rapid resource definition:

• Approvals in place for drilling at Maguires Project (planned for July)

• Aeromagnetic surveys – Rabbit Bore, Peterwangy (early July)

A new Australian gold explorer…ready to hit the ground running

O z z R e s o u r c e s L i m i t e d … A g g r e s s i v e g o l d e x p l o r a t i o n i n W e s t e r n A u s t r a l i a ’ s T i e r 1 M i n i n g D i s t r i c t s

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Key IPO highlights

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Shares issued under IPO Funds Raised 25 million at 20c A$5 million Number of shares at listing Market capitalisation at listing 45.1 million A$9.0 million

Enterprise value at listing A$4.0 million

Exploration budget – Year 1 A$1.75 million

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Holding Size
5001 - 10000
10001 - 100000
>100001
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MAJOR LOCALITY ANALYSIS

Top Ten Shareholders

Rank	Name	Units	% of Units
1	DIANE KAYE FINLAY	5,500,000	12.19
2	KAZAL PTY LTD	4,600,000	10.19
3	CITYSCAPE ASSET PTY LTD	1,500,000	3.32
4	GELIGNITE RESOURCES PTY LTD	1,450,000	3.21
5	YUCAJA PTY LTD	1,250,000	2.77
6	DIVERSIFIED ASSET HOLDINGS PTY LTD	1,150,000	2.55
7	WINTHROP NOMINEES PTY LTD	1,150,000	2.55
8	LAZARUS SECURITIES PTY LTD	1,000,000	2.22
9	CIG (WA) PTY LTD	839,500	1.86
10	JAEK HOLDINGS PTY LTD	575,000	1.27

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30000000
25000000
20000000
15000000
10000000
5000000
0
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O z z R e s o u r c e s L i m i t e d … A g g r e s s i v e g o l d e x p l o r a t i o n i n W e s t e r n A u s t r a l i a ’ s T i e r 1 M i n i n g D i s t r i c t s

A strong and experienced team – ready to deliver

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Alan Lockett

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Jonathan Lea

Brian McNab

Stuart Usher

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Rob Seed

Chairman

Managing Director

Non-Exec Director

Company Secretary

Exploration Manager

25 years experience. Strong track record in founding mining companies and discovering economic ore-bodies. Founder and MD of Olympia Resources, which discovered the Harts Range Garnet deposit. Executive Chairman of Northern Mining, which found the George’s Reward gold deposit near Kalgoorlie (>100koz), and the Keysbrook Mineral Sands deposit

Geologist with 35 years experience in discovering, developing and mining ore-bodies mainly in WA. Previously Technical Services Manager for the AurionGold group in Kalgoorlie and MD of Polaris Metals, which discovered and commenced development of the Carina iron ore deposit near Southern Cross in WA. south of Perth.

Engineer/Metallurgist with over 30 years’ experience with a range of commodities in operational design, project economic assessment and operations. Worked on over 60 significant local and international mineral project studies. Currently Principal Process Engineer with Wood (formerly Minproc).

Chartered Secretary and Chartered Geologist with 30 years success in Governance professional with exploration and development of extensive experience in managing ore-bodies in Australia and around publicly listed companies the world

O z z R e s o u r c e s L i m i t e d … A g g r e s s i v e g o l d e x p l o r a t i o n i n W e s t e r n A u s t r a l i a ’ s T i e r 1 M i n i n g D i s t r i c t s

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Capital Structure

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Capital Structure
	Subscription
	($5M)
Shares on Issue at the Lodgement Date	12,036,875
Shares offered under the public offer	25,000,000
Vendor Shares to be issued	8,100,000
Total shares upon listing	45,136,875
Offer price	$0.20
Amount to be raised under public offer	$5,000,000
Initial Market Capitalisation	$9,027,375
Options on issue on the Lodgement Date	10,536,875
Vendor Options	2,600,000
Lead Manager Options	2,600,000
Directors Options to be issued	2,800,000
Total Options upon listing1	21,436,875
Fully diluted share capital	66,573,750
Enterprise value upon listing2	$4,027,375

1 See Prospectus Section 9.15 for summary of terms of the Options 2 Enterprise value is calculated as the initial market capitalisation less funds raised

O z z R e s o u r c e s L i m i t e d … A g g r e s s i v e g o l d e x p l o r a t i o n i n W e s t e r n A u s t r a l i a ’ s T i e r 1 M i n i n g D i s t r i c t s

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Our vision, strategy and approach

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• Our focus: RAPIDLY EXPLORING FOR, DISCOVERING AND DEVELOPING economic gold resources in Western Australia

• Our aim: INCREASE SHAREHOLDER VALUE by actively assessing existing projects and continuously regenerating our portfolio with an Active Business Development Strategy

• Our goal: to maintain a tight share holder registry by CAREFUL USE OF SHAREHOLDERS’ FUNDS by maximising dollars spent in the ground and generating income through toll-treatment or sale of ore

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O z z R e s o u r c e s L i m i t e d … A g g r e s s i v e g o l d e x p l o r a t i o n i n W e s t e r n A u s t r a l i a ’ s T i e r 1 M i n i n g D i s t r i c t s

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Exploration commencing immediately on ASX listing

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On-listing:
•
Drilling approvals in place for Maguires, pending for Mt Davis
•
Geophysical surveys scheduled – consultant engaged
•
Drilling contractor appointed
Aeromagnetic/EM 5,000m RC resource Soil sampling at 4,000m RC resource
survey at definition drilling Peterwangy & target drilling at
Rabbit Bore commencing at generation Rabbit Mt Davis planned
Maguires Bore
Jul Aug Sep Oct Nov Dec
2021 Target generation for subsequent drilling campaigns
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O z z R e s o u r c e s L i m i t e d … A g g r e s s i v e g o l d e x p l o r a t i o n i n W e s t e r n A u s t r a l i a ’ s T i e r 1 M i n i n g D i s t r i c t s

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Strong portfolio in one of WA’s hottest gold districts

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• Prolific Central Murchison gold belt – key focus of top-10 producer Westgold Resources (ASX: WGX)

• Three projects, all located within 75km trucking distance of operating plants

• Several recent discoveries – including Musgrave Minerals, ASX: MGV; Odyssey Gold: ODY

• OZZ projects lie on northern extensions or splays of the Big Bell Fault:

• Maguires Reward

  • rapid resource development opportunity

• Rabbit Bore

• gold plus copper-nickel-cobalt potential

• Wardarbie South

• numerous historical workings /high-grade assays

• Toll-treatment potential at numerous gold plants

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O z z R e s o u r c e s L i m i t e d … A g g r e s s i v e g o l d e x p l o r a t i o n i n W e s t e r n A u s t r a l i a ’ s T i e r 1 M i n i n g D i s t r i c t s

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Maguires Reward – drilling commencing July 2021

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• Three prospects defined by previous drilling, with highgrade shoots contained in two shear zones

• Best drilling results:

• 6m at 18.6g/t

• 7m at 8.7g/t

• 6m at 11.6g/t

• Historic resource estimates support potential for both open pit and UG potential

• Rapid resource development possible with PoW drilling approvals already in place

• Drilling contractor appointed

• 5,000m RC program commencing July 2021

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O z z R e s o u r c e s L i m i t e d … A g g r e s s i v e g o l d e x p l o r a t i o n i n W e s t e r n A u s t r a l i a ’ s T i e r 1 M i n i n g D i s t r i c t s

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Rabbit Bore Project – geophysics and field work planned

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• Located between Cue and Meekatharra

• Both gold and copper-nickel-cobalt potential, largely under cover

• No previous drilling on tenement

• 5km strike of regionally-significant shear zones

• Historical gold workings returned assays up to 4.2g/t – limited understanding of orientation and style

• Highly prospective but previously explored only for standalone ore-bodies (eg. wide-spaced geochemistry)

• Airborne magnetics survey and soil sampling programs commencing Q3 2021

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O z z R e s o u r c e s L i m i t e d … A g g r e s s i v e g o l d e x p l o r a t i o n i n W e s t e r n A u s t r a l i a ’ s T i e r 1 M i n i n g D i s t r i c t s
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Rabbit Bore Project – gold potential recently enhanced

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Located just 25km NNW of Odyssey Gold’s (ASX:L ODY) Bottle Dump prospect, where a maiden drill hole encountered significant visible gold*….

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Source: Odyssey Gold
ASX Announcement, 4
May 2021
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*See ODY ASX Announcement, 4 May 2021

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Bottle Dump
deposit
(Odyssey Gold)
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O z z R e s o u r c e s L i m i t e d … A g g r e s s i v e g o l d e x p l o r a t i o n i n W e s t e r n A u s t r a l i a ’ s T i e r 1 M i n i n g D i s t r i c t s

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Rabbit Bore Project – nickel-copper-cobalt potential

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• Nickel-copper identified in major (800m wide) ultramafic belt

• Alluvial cover over most of greenstone belt

• Rock chip sampling returned maximum values of 1,295ppm nickel, 124ppm cobalt and 5,400ppm chromite along with elevated arsenic

• Soil sampling produced elevated cobalt and nickel results along the belt

• Untested copper prospect at south end of lease – chalcopyrite in quartz/epidote veins assaying 3,400ppm copper

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O z z R e s o u r c e s L i m i t e d … A g g r e s s i v e g o l d e x p l o r a t i o n i n W e s t e r n A u s t r a l i a ’ s T i e r 1 M i n i n g D i s t r i c t s

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Mt Davis Project – in the heart of the Leonora gold district

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• 20km north of Leonora along strike from two +4Moz gold deposits :

  • 5km SE of the 4.1Moz King of the Hills project (Red 5)

  • 25km NNW of the +8Moz Sons of Gwalia mine (St Barbara Mines)

• Both deposits hosted within the same regional structures that pass through the Mt Davis Project tenements

• Historic resource estimates support potential for both open pit and UG potential

• High-grade results from RC drilling at Trig in the 1990’s by Sons of Gwalia:

  • 10m at 3.37g/t

  • 6m at 2.91g/t

  • 9m at 1.3g/t

• Straddles the Mt George Shear Zone – craton-scale structure associated with major mineralisation along strike around Leonora

• Potential for toll treatment at Leonora

• 1 Not JORC 2012 compliant, WAMEX Report A56233

Located just south of the new $221m King of the Hills gold mine

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O z z R e s o u r c e s L i m i t e d … A g g r e s s i v e g o l d e x p l o r a t i o n i n W e s t e r n A u s t r a l i a ’ s T i e r 1 M i n i n g D i s t r i c t s

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Mt Davis Project – near-term resource potential

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• OZZ strategy is to rapidly upgrade historical resource at the Trig deposit to JORC compliance and commence initial mining studies

• Regional exploration planned along the 4.5km of Mt George Shear to define potential repetitions of mineralisation to the south

• Review historical exploration data from the Clifford Fault ahead of initial mapping, geophysical and geochemical programs

Mt Davis – looking south

Opportunity for near-term resource definition and discovery success in a proven mining district between two multi-million ounce gold deposits

• 8km of regionally-significant mineralised shear zones – poorly explored using modern techniques

• Drill targets identified – approvals pending

Mt Davis – mineralisation

O z z R e s o u r c e s L i m i t e d … A g g r e s s i v e g o l d e x p l o r a t i o n i n W e s t e r n A u s t r a l i a ’ s T i e r 1 M i n i n g D i s t r i c t s

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Peterwangy Project – highly prospective, but never drilled

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• Located 100km east of Geraldton in the Mid West region of WA

• Site of WA’s first gold rush (1868) – mined grades of up to 35g/t Au in quartz veins

• Historical workings confirm the presence of both alluvial and reef gold in a 3km long greenstone belt straddling the craton-scale Koolanooka Fault

• No drilling ever undertaken

• Extensive laterite cover over much of the tenement – possible Boddington analogy

• Wide-scale aeromagnetic survey planned, followed by targeted geochemical sampling to define initial drill targets

• Potential for toll treatment around Cue

Peterwangy Site of WA’s first gold rush in 1868….

O z z R e s o u r c e s L i m i t e d … A g g r e s s i v e g o l d e x p l o r a t i o n i n W e s t e r n A u s t r a l i a ’ s T i e r 1 M i n i n g D i s t r i c t s

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Wardarbie South Project

• Numerous historical gold workings located west of Meekatharra

• Faulting/shearing provides structural preparation for gold traps

• High-grade sample assays:

• 33.7g/t

• 22.0g/t

• 11.8g/t

• No systematic gold exploration

• No drill testing of mineralised structures

• Toll treatment potential at plants near Meekatharra

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O z z R e s o u r c e s L i m i t e d … A g g r e s s i v e g o l d e x p l o r a t i o n i n W e s t e r n A u s t r a l i a ’ s T i e r 1 M i n i n g D i s t r i c t s

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Exploration Plan – multi-pronged, systematic approach

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Jul Aug Sep Oct Nov Dec
Maguires Drilling
Feasibility Studies
Mt Davis Mapping
Drilling
Feasibility Studies
Rabbit Bore Mapping
Geochemistry
Geophysics
Drilling
Peterwangy Mapping
Geochemistry
Geophysics
Wardarbie Mapping
Geochemistry
Geophysics
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Key investor takeaways

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• Focused WA gold explorer, highly leveraged to exploration success

• $5m IPO completed – ASX listed 5th July 2021

• High-quality project portfolio in Tier-1 mining districts in Western Australia

• Five gold projects with walk-up drill targets and prime geological locations

• Active exploration program commencing July 2021

• Experienced management team with strong technical and corporate track record

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O z z R e s o u r c e s L i m i t e d … A g g r e s s i v e g o l d e x p l o r a t i o n i n W e s t e r n A u s t r a l i a ’ s T i e r 1 M i n i n g D i s t r i c t s

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Competent Persons Statement

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The information contained in the report that relates to Exploration Results at the Ozz Resources projects are based on information compiled or reviewed by Mr Jonathan Lea, who is an employee and security holder of the Company. Mr Lea is a member of the AusIMM and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which is 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’. Mr Lea has given consent to the inclusion in the report of the matters based on this information in the form and context in which it appears.

The information in this presentation that relates to Historic Exploration Results is extracted from Ozz Resources Prospectus, lodged with ASIC on May 7, 2021 and the First and Second Supplementary Prospectus’ lodged on May 25 and June 15 respectfully and available on Ozz’s website www.ozzresources.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information with regard to reporting of historical exploration results, or historical estimates contained in the Prospectus and the form and context of the release have not materially changed. The Company confirms that the form and context in which the Competent Persons findings are presented have not been materially modified from the original public release.

O z z R e s o u r c e s L i m i t e d … A g g r e s s i v e g o l d e x p l o r a t i o n i n W e s t e r n A u s t r a l i a ’ s T i e r 1 M i n i n g D i s t r i c t s

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CONTACT INFORMATION

Alan Lockett alan@ozzresources.com.au 0438 260 003 Chairman Jonathan Lea jon@ozzresources.com.au 0438 967 400 Managing Director O z z R e s o u r c e s L i m i t e d … A g g r e s s i v e g o l d e x p l o r a t i o n i n W e s t e r n A u s t r a l i a ’ s T i e r 1 M i n i n g D i s t r i c t s