Mincor Resources NL : Company Presentation - Euroz Hartleys Conference

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ersonal	Kambalda
The Australian Nickel Growth Company
David Southam	Managing Director	Rottnest Island Conference 2022
March 2022

Important Notice Disclaimer

This presentation (Presentation) has been prepared by Mincor Resources NL (MCR) and is authorised by the Board of Directors of MCR.

By retaining this Presentation, you (the Recipient) acknowledge and represent to MCR that you have read, understood and accept the terms of this Important Notice. If you do not accept these terms, you should immediately destroy or delete this Presentation. This Presentation does not purport to contain all the information that a prospective investor may require in connection with any potential investment in MCR or its underlying business. Each Recipient must make its own independent assessment of MCR before acquiring any securities in MCR (Securities). You should not treat the contents of this Presentation, or any information provided in connection with it, as financial advice, financial product advice or advice relating to legal, taxation or investment matters. Before acquiring any Securities, you should consult your own advisers and conduct your own investigation and analysis in relation to MCR.

No representation or warranty is made by MCR or any of its advisers, agents or employees as to the accuracy, completeness or reasonableness of the information in this Presentation or provided in connection with it. No information contained in this Presentation or any other written or oral communication in connection with it is, or shall be relied upon as, a promise or representation and no representation or warranty is made as to the accuracy or attainability of any estimates, forecasts or projections set out in this Presentation. No liability will attach to MCR or its advisers with respect to any such information, estimates, forecasts or projections.

onlyThe distribution of this Presentation may be restricted by law in certain jurisdictions. Recipients, and any other persons who come into possession of this Presentation must inform themselves about, and observe any such restrictions.

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Future Matters

useCompetent Person(s)

This Presentation contains reference to certain intentions, expectations, future plans, strategy and prospects of MCR. Those intentions, expectations, future plans, strategy and prospects may or may not be achieved. They are based on certain assumptions, which may not be m t or on which views may differ and may be affected by known and unknown risks. The performance and operations of MCR may be influenced by a number of factors, many of which are outside the control of MCR. No representation or warranty, express or implied, is made by MCR or any of its directors, officers, employees, advisers or agents that any intentions, expectations or plans will be achieved either totally or partially or that any particular rate of return will be achieved.

Given the risks and uncertainties that may cause MCR's actual future results, performance or achievements to be materially different from those expected, planned or intended, Recipients should not place undue reliance on these intentions, expectations, future plans, strategy and prospects. MCR does not warrant or represent that the actual results, performance or achievements will be as expected, planned or intended.

Monetary values: Unless otherwise stated, all dollar values are in Australian dollars (A$).

The information in this report that relates to Exploration Results is based on information compiled by Dr Zoran Seat, who is a Member of The Australasian Institute of Mining and Metallurgy. Dr Seat is a full-time employee of Mincor Resources NL. Dr Seat has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that he is undertaking to qualify as Competent Persons as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Dr Seat consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

The information in this presentation that relates to nickel Mineral Resources is based on information compiled and reviewed by Rob Hartley, who is a Member of the Australasian Institute of Mining and Metallurgy (AusIMM). Mr Hartley is an employee of Mincor Resources NL. Mr Hartley has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity that he is undertaking to qualify as Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Hartley consents to the inclusion in the presentation of the matters based on his information in the form and context in which it appears.

The information in this presentation that relates to nickel Ore Reserves at Cassini and Long is based on information compiled by Dean Will, who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Will is a full-time employee of Mincor Resources NL and has sufficient experience relevant to the style of mineralisation and type of deposit under consideration, and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the "Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr Will consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.

The information in this presentation that relates to nickel Ore Reserves at Burnett, Miitel and Durkin North is based on information compiled by Paul Darcey, who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Darcey is a full-time employee of Mincor Re ources NL and has sufficient experience relevant to the style of mineralisation and type of deposit under consideration, and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the "Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr Darcey consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.

Mincor confirms that all material assumptions underpinning the production targets and forecast financial information from those production targets, as reported on 25 March 2020, continue to apply and have not materially changed

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M I N C O R R E S O U R C E S N L - w w w . m i n c o r . c o m . a u I H I G H G R A D E N I C K E L D E V E L O P M E N T & P R O D U C T I O N
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Final slide of 2021's Rottnest Conference…

• Premier location
• Rare high grades
• High margins
• Strong economics
• Fully funded
• Simple strategy
• Tier-1partner
• Right timing

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A highly investible, modern Australian nickel company

		First-class nickel address
only	$1.1 billion	100% of our operations located
within Western Australia
Market capitalisation1
use	$109 million
	Cash2
ersonal	$30 million	Kambalda
	Perth
	Revolving Credit Facility3
(1) Mark t Capitalisation 4th March 2022. (2) Cash at bank 31st December 2021 A$109.5M (3) Fully drawn as at 31st December 2021
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Mincor + Sustainability: Low Carbon, responsible nickel

Launchpad for Mincor's sustainability aspirations, aligned to the United Nations Sustainable Development Goals

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FY21

ESG Highlights

0

0%

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<12kt CO2e

95%

No lost time injuries

Zero % gender pay gap

Total Scope 1&2 emissions

Procurement spend in Western

(LTI's in FY21)

for like-for-like positions

(Best in class)1

Australian communities

ersonal

100%

>30%

Ngadju

0.02%

Female participation rate

Agreement in place with

Total disturbed land

FY21 employee retention rate

(10% ahead of sector)2

Traditional Owners, the Ngadju People

(% of Mincor's total land holding)

(1) R f r ASX Announcement 16th December 2021 "Inaugural Sustainability Report FY2021" (2) 2019 WA Resources Sector CME Report @ WGEA data

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