Forrestania Resources : Corporate Presentation

ersonal use only

ASX: FRS

Corporate Presentation

Exploring for Lithium, Gold and Nickel in Western Australia

March 2022

03

Li

79

Au

28

Ni

FORRESTANIA RESOURCES LTD | ASX: FRS | 2

Disclaimer

This document has been prepared by Forrestania Resources Limited ACN 647 899 698 and/or its affiliates (together, "Forrestania Resources") for the exclusive use of the party to whom Forrestania Resources delivers this document (the "Recipient"). The information contained in this document has been prepared in good faith by Forrestania Resources. However, no representation or warranty, either expressed or implied, is made as to the accuracy, completeness, adequacy or reliability of the information contained in this document. This document contains only a synopsis of more detailed information in relation to the onlymatters described herein and accordingly no reliance may be placed for any purpose whatsoever on the sufficiency or completeness of such information as presented herein. This document should not be regarded by the Recipient as a substitute for the exercise of its own judgment and the Recipient should conduct its own due diligence in respect of the contents of this document. To the maximum extent permitted by law Forrestania Resources, its directors, officers, employees, advisers, and agents disclaim any or all liability for any loss or damage which may be suffered by any person as a result of the use of, or reliance

upon, anything contained within or omitted from this document.

This document has been prepared solely for informational purposes. This document does not constitute a prospectus and is not to be construed as a solicitation or an offer to buy or sell any securities, or related financial instruments, in any jurisdiction. The Recipient should not construe the contents of this document as legal, tax, accounting or investment advice or a recommendation. The Recipient should consult its own legal counsel, tax and financial advisors concerning any matter described herein. This document does not purport o be all-inclusive or to contain all of the information that the Recipient may require. No investment, divestment or other financial decisions or actions should be based solely on the information in this document. The distribution of this document may be restricted by law in certain jurisdictions. The Recipient and any other persons who come into possession of the document must inform themselves about, and observe, any such restrictions.

Cautionary Statement Regarding Values and Forward-Looking Information

useThe figures, valuations, forecasts, estimates, opinions and projections contained herein involve elements of subjective judgment and analysis and assumption. Forrestania Resources does not accept any liability in relation to any such matters, or to inform the Recipient of any matter arising or coming to the company's notice after the date of this document which may affect any matter referred to herein. Any opinions expressed in this material are subject to change without notice, including as a result of using different assumptions and criteria. This document may contain forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "expect", and "intend" and statements of an event or result "may", "will", "should", "could", or "might" occur or be achieved and other similar expressions. Forward-looking information is subject to business, legal and economic risks and uncertainties and other factors that could cause actual results to differ materially from those contained in forward-looking statements. Such factors include, among other things, risks relating to property interests, the global economic climate, commodity prices, sovereign and legal risks, and environmental risks. Forward-looking statements are based upon estimates and opinions at the date the statements are made. Forrestania Resources undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such dates or to update or keep current any of the information contained herein. The Recipient should not place undue reliance upon forward- looking statements. Any estimates or projections as to events that may occur in the future (including projections of revenue, expense, net income and performance) are based upon the best judgment of Forrestania Resources from information available as of the date of this document. There is no guarantee that any of these estimates or projections will be achieved. Actual results will vary from the projections and such

ersonalvariations may be material. Nothing contained herein is, or shall be relied upon as, a promise or representation as to the past or future. Forrestania Resources, its affiliates, directors, employees and/or agents expressly disclaim any and all liability relating to or resulting from the use of all or any part of this document or any of the information contained herein.

Competent Person's Statement

The information in this report that relates to Exploration Results is based on and fairly represents information compiled by Mr Ashley Bennett. Mr Bennett is the Exploration Manager for Forrestania Resources Limited and is a member of the Australasian Institute of Geoscientists. Mr Bennett has sufficient experience of relevance to the styles of mineralisation and types of deposits under consideration, and to the activities undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Bennett consents to the inclusion in this report of the matters based on information in the form and context in which they appear.

Previous Disclosure

The information in this presentation is based on the Forrestania Resources Limited Prospectus, available from the Forrestania Resources website www.forrestaniaresources.com.au and the ASX website www.asx.com.auwithin previously announced Company releases. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the relevant market announcement continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person's findings are represented have not been materially modified from the original market announcement.

Tier-1 jurisdiction - Western Australia

Exploring for Lithium, Gold & Nickel onlywithin 3 key projects:

Forrestania

Southern Cross

Leonora

useExperienced Li & Au exploration team

Robust pipeline of Li & Au targets underpin the 2022 work program

Well funded with drilling and exploration ersonalprograms to add value

Investment highlights

Lithium and Gold exploration ramping up

FORRESTANIA RESOURCES LTD | ASX: FRS | 3

ersonal use only

Exposure to Strong Demand Fundamentals

Underpinned by the 'Green Energy Transformation'

• As electric vehicle demand grows analysts predict 75% of all mined lithium could go to
  EV's by 2025.."

Demand driven by intensifying 'green energy' transformation movement & post-COVID economic recovery

Sourced fromwww.institutionalinvestor.com/article/b1sdwwdh7zqkxl/can-lithium-supply-keep-up-with-strong-ev-demandon 18 March 2022

03	79	28
Li	Au	Ni

FORRESTANIA RESOURCES LTD | ASX: FRS | 4

Background

A major consolidation play providing exploration optionality

03

Li

79

Au

28

Ni

• Listed in September 2021 raising A$5m

only	Consolidation of a major ground holding around Forrestania and
•
	additional projects at Southern Cross and Leonora
• Forrestania Project area historically tightly held by nickel and gold
use	miners / explorers
Forrestania Project - rare opportunity to secure a major tenement
•
	package (~100km of greenstone contact) prospective for Lithium,
	Gold and Nickel
• Our three key projects provide exploration optionality over:
ersonal	• Lithium - speciality pegmatites already identified
	• Gold - significant granite / greenstone contacts
	• Nickel - indications of mafic and ultramafic units

• Close proximity to Tier 1 projects such as Early Grey (Li), Bounty (Au), Flying Fox (Ni), Spotted Quoll (Ni) and Cosmic Boy (Ni)

FORRESTANIA RESOURCES LTD | ASX: FRS | 5