BMG Resources : Mines and Money Online Connect Investor Presentation

Important Notice & Disclaimer

Exploration Results

The information in this presentation that relates to potential Exploration Results and Mineral Resources has been reviewed by Ben Pollard, who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Pollard has sufficient experience, which is relevant to the style of mineralisation and type of deposit under consideration and to the activity, which they are undertaking to qualify as an Expert and Competent Person as defined under the VALMIN Code and in the 2015 Edition of the 'Australasian Code for Reporting of Exploration Results,

Mineral Resources and Ore Reserves'. Mr Pollard consents to the inclusion in this presentation of the matters based on the information in the form and context in which they appear.

Forward-Looking Statements

This document may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning BMG Resources Limited's planned exploration program and other statements that are not historical facts. Although BMG Resources Limited believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements.

No Offer of Securities

The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation is not investment or financial product advice and is not intended to be used as the basis for making an investment decision. The presentation has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person.

No Warranty of Accuracy or Completeness

No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of BMG Resources Limited, its directors, employees or agents, nor any other person accepts any liability, including, without limitation any liability arising out of fault or negligence, for any loss arising from the use of the information contained in this presentation. In particular, no representation or warranty, express or implied is given as to the accuracy, completeness or correctness, likelihood of achievement or reasonableness or any forecasts, prospects or returns contained in this presentation nor is any obligation assumed to update such information. Such forecasts, prospects or returns are by their nature subject to significant uncertainties and contingencies.

Investment Snapshot

100% owned gold projects in Tier 1 mining jurisdiction

Abercromby Project

• • Multiple historic high-grade intersections confirm broad mineralised zone hosting high-grade gold

• • Mineralisation remains open with potential for repetition of gold lodes along extensive strike length

• • Maiden drill campaign undertaken in Dec 2020 - the first in 15 years at Abercromby

• • Major 6,750m follow-up drill program recent completed - DD results pending

Invincible Project

• • +12.5km eastern extension of Warrawoona Shear Zone which hosts the growing 1.5m oz Au resource of Calidus Resources (ASX: CAI)

• • Several small historic mines including the Invincible mine that produced gold at a grade of 1,380g/t Au

• • Multiple high-priority gold targets identified from an ultra-high resolution aeromagnetic and radiometric geophysical survey undertaken over entire Invincible project area

• • Li pegmatite potential currently being assessed, including on-ground reconnaissance

South Boddington Project

• • Under explored ground along strike from the giant Boddington deposit (+40m oz Au deposit) - Exploration Licences under application

Abercromby Project

Abercromby Project

Located in significant gold producing region: Wiluna Belt endowment (+40M oz Au), second only to Kalgoorlie in WA

• • Multiple historic high-grade gold intersections including:

  • • 57.5m @ 5.73g/t Au from 80m

  • • 30m @ 10.01g/t Au from 164m

  • • 36m @ 4.33g/t Au from 100m

• • BMG's maiden drill program at Abercromby in Dec 2020 was the first to be conducted at the project in more than 15 years and was designed to test the nature and continuity of known mineralisation at the Capital Prospect

• • Follow-up major c.6,700m RC/DD campaign completed in February 2022 (2,600m of DD results pending)

• • Multiple thick high-grade gold intersections from BMG's drilling, including #:

  • • 26m @ 6.07g/t Au from 192m (20ABRC004) including 7m @ 21.22g/t Au from 192m

  • • 6m @ 19.8g/t Au from 83m (21ABRC007) including 1m @ 100.39 g/t from 83m

  • • 37m @ 2.58g/t Au from 144m (20ABRC010) including 8m @ 8.1g/t Au from 173m

  • • 33m @ 1.7g/t Au from 127m (20ABRC008) including 3m @ 15.29g/t Au from 157m

  • • 60m @ 1.46g/t from 127m (21ABRC005) including 19m @ 2.87g/t from 159m

• • Excellent geology and favourable metallurgy - mineralisation hosted by the Perseverance Shear, a regional structure supporting large resources along its strike

• • Proximal to operating plants at Wiluna (Wiluna Mining, ASX: WMX) and Jundee (Northern Star, ASX: NST)

• • Two granted mining leases with BMG holding exclusive gold and other mineral rights (ex-uranium)

# Selected results on a hole-by-hole basis for the returned assays from Abercromby (for details of all drill holes see Table 1 of ASX Release dated and 9 March 2021 and 25 January 2022)