TECHGEN METALS LTD — Investor Presentation 2021

Jun 29, 2021

One company, three exciting addresses.

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COPPER-GOLD EXPLORATION IN WESTERN AUSTRALIA

Investor Pre1 TechGen Metal s Limitedentation • Investor PresentationJune 2021

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Disclaimer
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The information contained in this presentation has been prepared by TechGen Metals Ltd (ACN 624 721 035) ( Company ).

This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any securities in the Company. This presentation has been made available for information purposes only and does not constitute a prospectus, short form prospectus, profile statement or offer information statement nor does it constitute investment or financial product advice (nor taxation, accounting or legal advice) and it is not intended to be used as the basis for making an investment decision.

This presentation may contain statements that may be deemed “forward looking statements”. Risks, uncertainties and other factors, many of which are outside the control of the Company can cause actual results to differ materially from such statements. Such risks and uncertainties include, but are not limited to, exploration risks, tenure and access risks and commodity price volatility and exchange rate risks, as well as political and operational risks, and governmental regulation and judicial outcomes.

The Company makes no undertaking to update or revise such statements, but has made every endeavour to ensure that they are fair and reasonable at the time of making the presentation.

This presentation does not include all available information and should not be used in isolation as a basis to invest in the Company. This presentation is not subject to the disclosure requirements affecting disclosure documents under Chapter 6D of the Corporations Act 2001 (Cth). The information in this presentation may not be complete and may be changed, modified or amended at any time by the Company, and is not intended to, and does not, constitute representations and warranties of the Company.

Investors are cautioned that any forward-looking statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in any forward-looking statements made.

The Company does not have a significant operating history on which to base an evaluation of its business and prospects. Therefore, the information contained in this presentation is inherently speculative.

The information contained in this presentation is strictly confidential and you must not disclose it to any other person. While the information contained in this presentation has been prepared in good faith, neither the Company or any of its directors, officers, agents, employees or advisors give any representation or warranty, express or implied, as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. Accordingly, to the maximum extent permitted by law, none of the Company, its directors, employees or agents, advisers, nor any other person accepts any liability whether direct or indirect, express or limited, contractual, tortuous, statutory or otherwise, in respect of, the accuracy or completeness of the information or for any of the opinions contained in this presentation or for any errors, omissions or misstatements or for any loss, howsoever arising, from the use of this presentation.

2 TechGen Metals Limited Investor Presentation

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Why invest in TechGen Metals?
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Highly prospective 100% owned gold and copper exploration projects strategically located in the Yilgarn, Paterson and Ashburton in WA:

Yilgarn: bedrock gold targets. First drilling completed

Ashburton: stunning copper, gold and silver grades. Airborne EM completed Paterson: key geophysical targets (EM, IP & magnetics) being developed

TechGen Metals Executive Directors Ashley Hood (Managing Director) and Andrew Jones (Technical Director) are project vendors and substantial shareholders, driven to actively manage projects and deliver value to shareholders

Spread of projects across three geographical regions provides geographical and operational diversification

Scheduled work plan in place with booked activities

All assets are in the Tier-1 mining jurisdiction of Western Australia

Highly leveraged to growth

Strong global market and demand driven by gold/copper commodities nearing record prices

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Corporate Snapshot
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Capital Structure	Capital Structure		“Skin in the Game” & Incentivisation	“Skin in the Game” & Incentivisation
ASX Code	TG1		Directors/Management:
Shares	52.5m		• Shares	12.3%
Unlisted Options (various exercise)	13.8m		• Options ($0.30)	73.5%
			• Vendor Performance Rights	100%
Performance Rights	4.7m
Top 20	40.6%

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Market Cap EV AU$10.5m 4.4m Debt Cash Nil 4.5m

Information dated 10 June 2021

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Board Members
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MAJA MCGUIRE

NON-EXECUTIVE CHAIR

Maja McGuire was appointed to the Board as Non-Executive Chair on 24 November 2020. Ms McGuire is a lawyer and brings more than 10 years' experience in the provision of corporate and compliance advice to ASX listed public companies. This includes working with listed companies as a general counsel, company secretary and in top tier private practice. Ms McGuire holds BComm and LLB qualifications from The University of Western Australia.

Ms McGuire commenced her career at Clayton Utz, Perth, where she gained experience in a broad range of corporate, commercial, and banking & finance matters. In 2011 Ms McGuire joined the Canadian Bankers Association, Toronto, where she advocated on behalf of Canadian banks on issues pertaining to developments in domestic and international banking regulation related primarily to capital adequacy and funding.

Between 2014 – 2020 Ms McGuire operated within a listed board environment in her capacity as both Company Secretary and General Counsel. Ms McGuire continues her career as a consulting lawyer and non-executive director, and brings extensive experience in ASX Listing Rule and Corporations Act compliance, capital raisings, corporate governance, general commercial contracts and dispute resolution.

ASHLEY HOOD

MANAGING DIRECTOR

Ashley Hood was appointed Managing Director on 10 February 2020 and has more than fifteen (15) years’ experience in the mining industry working in mine and exploration operations for junior and major mining companies based in Australia, South Africa and New Zealand. Mr Hood has broad senior management experience and has worked and managed field exploration and geological teams on some of Australia’s major JORC resources.

During the past three (3) years, Mr Hood has held an executive directorship in Mount Ridley Mines Limited (ASX: MRD) and Celsius Resources (ASX:CLA). Mr Hood is currently a non-executive director of Rafaella Resources Limited (ASX:RFR). Mr Hood is also a director of Blue Ribbon Mines Pty Ltd (ACN 133 208 581) and specialises in project and people management, native title negotiations, project due diligence, acquisitions and has a portfolio of family held mineral and precious metals projects which are flagship assets in a number of ASX listed companies today.

ANDREW JONES

EXECUTIVE DIRECTOR

Andrew Jones was appointed as a Director the Company on the 10th February 2020. Mr Jones has more than 20 years’ experience as a geologist in the resources sector and has worked throughout Australia, in West Africa, Southern Africa and South America. Mr Jones holds a B.App.Sci degree from RMIT University and Honours and MSc degrees from the University of Tasmania.

Mr Jones has experience in a range of mineral commodities and has been involved in the discovery of new mineral deposits, extensions to known mineral resources at operating mine sites and has been involved in several feasibility studies for commodities including gold, copper and nickel-cobalt. He is a member of both the Australian Institute of Geoscientists (AIG) and the Australasian Institute of Mining and Metallurgy (AusIMM).

RICK GOVENDER

NON-EXECUTIVE DIRECTOR, COMPANY SECRETARY & CFO

Rick Govender was appointed as the Company Secretary on 29 June 2018 and is also engaged as Chief Financial Officer. On 24 December 2020, Mr Govender was appointed as a Director of the Company. Mr Govender is an experienced financial professional with senior leadership experience in various resources and industrial businesses.

Mr Govender has held senior finance roles in several ASX listed companies, including Meridian Minerals Limited, Consolidated Rutile Ltd and Cool or Cosy Ltd Mr Govender was the Australasian CFO for the Penske Automotive Group (NYSE: PAG), and managed the financial resources of other tier 1 non listed large enterprises. Mr Govender is CPA qualified individual with an MBA (UQ), a member of the Chartered Institute of Secretaries and Bachelor of Commerce.

5 TechGen Metals Limited Investor Presentation

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Copper & Gold Global Markets
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Source: macrotrends.net June 2021
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“Copper is the new oil”

Source: Goldman Sachs Commodity Research – Green Metals – 13/04/21

• Price is near to an all time high

• Emerging market deficit driven by multiple factors:

• Decarbonisation

• EV demand growth

• Policy stimulus

• Future supply gap

• Best non-precious conductor of heat and electricity

• Strong demand from construction and industrial sectors

• 3rd largest global metal market (behind iron and aluminium)

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“Gold gains from risk, rates & momentum”

Source: Gold Outlook 2021 – gold.org – 14/01/21

• Price is near record highs across key currencies

• High performing asset driven by:

• Global risk and uncertainty

• Low interest rates

• Positive price momentum

• • Economic expansion of jewellery, technology and long-term savings

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Exploration Projects
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Active Explorer
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Exploration completed since listing on 7 April 2021:

• Airborne EM surveys completed at Ashburton Projects (Blue Rock Valley, Station Creek & Mt Boggola).

• RC drilling program completed at El Donna Project (11 holes for 1,346m).

• RC drilling program completed at Ida Valley Project (11 holes for 990m).

• Soil sampling program completed at Ida Valley Project (1,131 soil samples & 20 rock chip samples).

• Heritage survey completed at El Donna Project.

• New Exploration Licence application at Ida Valley Project (E36/1015).

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Yilgarn Craton
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• TechGen Metals have two 100% owned gold projects.

• Ida Valley Project - gold discovery confirmed with RC drill intersections including: 8m @ 2.3g/t from 36m (Hole IVRC003),

• 8m @ 1.25g/t from 20m (Hole IVRC001), 36m @ 0.95g/t from 52m (Hole IVRC002) & 4m @ 1.63g/t Au from 52m (Hole IVRC011).

• Ida Valley Project – gold mineralisation open in all directions.

• Ida Valley Project – extensive soil sampling program stepping out north and south of area of gold anomalism completed (1,131 samples).

• El Donna Project - RC drilling program of 11 holes for 1,346m completed in May 2021. Composite assay results include 8m @ 1.3g/t Au from 56m (Hole ELRC003) and 8m @ 1.0g/t Au from 84m (Hole ELRC004).

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Investor Presentation

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Yilgarn Craton
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Ida Valley Project

• Grassroots gold discovery confirmed • Step out soil program completed • Second stage drilling program being planned

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Ashburton Basin
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• TechGen Metals have three 100% owned projects

• Blue Rock Valley Project - historic copper-lead-zinc & copper workings with rock chip samples to 16.05% Cu in a large shear zone

• Blue Rock Valley Project – Airborne VTEM flown in April 2021 identified 3 strong, discrete late-time conductors

• Station Creek Project - multiple anomalies along a 10km long fault with peak rock chip values of 8.8g/t Au, 257g/t Ag and 54.3% Cu

• Station Creek Project – Airborne VTEM & Magnetics survey completed

• Mt Boggola Project - peak rock chips of 43.1g/t Au, 68% Cu & 119g/t Ag and limited previous RC drilling returned a best intercept of 4m @ 2.3% Cu

• Mt Boggola Project – Airborne VTEM & Magnetics survey now completed

• Under-explored and highly prospective region for significant gold and base metal discoveries

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Investor Presentation

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Ashburton Basin
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Blue Rock Valley Project

• Airborne VTEM flown in April 2021 identified 3 strong, discrete late-time conductors

• The three conductors are associated with the Talga Fault, a regionally significant and deep mantle tapping fault zone

• Ground EM surveys are due to commence shortly to better define the Airborne EM anomalies

• Geological mapping to be undertaken next quarter

• Drill testing of identified targets post ground EM and geological mapping

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Investor Presentation

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Paterson Orogen
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• Key geophysical targets being developed for drill testing

• TechGen Metals have two 100% owned projects

• Harbutt Range Project - undrilled Airborne EM and IP geophysical targets & gold and base metal soil anomalies to be followed-up

• North Nifty Project – surface Cu-Pb-Zn-As anomaly at the Hakea Prospect to be followed-up

• Projects are under-explored and have potential for significant gold & base metal discoveries

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Investor Presentation

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Exploration Program
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	PROJECT Q2 - 2021 Q3 - 2021 Q4 – 2021	PROJECT Q2 - 2021 Q3 - 2021 Q4 – 2021	PROJECT Q2 - 2021 Q3 - 2021 Q4 – 2021	PROJECT Q2 - 2021 Q3 - 2021 Q4 – 2021
YILGARN CRATON	Ida Valley	RC Drilling / Soil Sampling	Airborne Magnetics / RC Drilling	RC and/or diamond drilling
	El Donna	RC Drilling*	Soil sampling / Aircore Drilling	RC Drilling
ASHBURTON BASIN	Blue Rock Valley	Airborne Magnetics & VTEM*	Ground EM / Mapping	RC Drilling
	Station Creek	Airborne Magnetics & VTEM*	Ground EM / Mapping	RC Drilling
	Mt Boggola	Airborne Magnetics & VTEM*	Ground EM / Mapping	RC Drilling
PATERSON OROGEN	Harbutt Range	Data Compilation*	Ground EM	RC Drilling
	North Nifty	Data Compilation*	Geochemistry	IP - EM geophysics

• Program Completed

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Contact Us
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ASH – MANAGING DIRECTOR

REGISTERED OFFICE

ashley.hood@techgenmetals.com.au 0427 268 999

Level 28, AMP Tower 140 St Georges Terrace Perth WA 6000

ANDREW – TECHNICAL DIRECTOR

Telephone: +61 8 6557 6606 Email: admin@techgenmetals.com.au

andrew.jones@techgenmetals.com.au 0439 994 004

www.techgenmetals.com.au

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Investor Presentation
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