Noosa Mining Conference Presentation - November 2021

ersonal use only

NOOSA MINING INVESTMENT CONFERENCE

10-12 NOVEMBER 2021

ASX : VMS

Disclaimer and Competent Persons Statement

FORWARD LOOKING STATEMENT
	This presentation may contain certain forward-looking statements and projections regarding: estimated, resources and reserves; planned production and operating costs profiles;
only	planned capital requirements; and planned strategies and corporate objectives.
	Such forward-looking statements/projections are estimates for discussion purposes only and should not be relied upon. They are not guarantees of future performance and
	involve known and unknown risks, uncertainties and other factors many of which are beyond the control of Venture Minerals Limited. The forward-looking statements/projections
	are inherently uncertain and may therefore differ materially from results ultimately achieved;
	Venture Minerals Limited does not make any representations and provides no warranties concerning the accuracy of the projections, and disclaims any	obligation to update or
	revise any forward-looking statements/projects based on new information, future events or otherwise except to the extent required by applicable laws;
COMPETENT PERSONS STATEMENT
use	The information in this report that relates to Exploration Results, Exploration Targets and Minerals Resources is based on information compiled by Mr Andrew Radonjic, a fulltime

	employee of the company and who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Andrew Radonjic has sufficient experience which is relevant to the style
	of mineralisation and type of deposits under consideration and to the activity which he is undertaking 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 Andrew Radonjic 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 report that relates to Mineral Resources for the Mount Lindsay and Livingstone Projects is based on information compiled by Mr Andrew Radonjic, a fulltime
	employee of the company and who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Andrew Radonjic has sufficient experience which is relevant to the style
ersonal	of mineralisation and type of deposits under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 and 2012 Edition of
the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Andrew Radonjic consents to the inclusion in the report of the matters
based on his information in the form and context in which it appears. This information was prepared and first disclosed under the JORC Code 2004. It has not been updated since
	to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was last reported.
	The information in this report that relates to Ore Reserves is based on information compiled by Mr Peter George, who is a Member of the Australasian Institute of Mining and
	Metallurgy. Mr George is an independent consultant. Mr George has sufficient experience which is relevant to the style of mineralisation and type of deposits under consideration
	and to the activity which he is undertaking 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 George consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
NO NEW INFORMATION OR DATA
	All material assumptions and technical parameters underpinning the Minerals Resource and Reserve estimate referred to in previous ASX announcements continue to apply and
	have not materially changed since last reported. The company is not aware of any new information or data that materially affects the information included in the announcement.
NOOSA INVESTOR CONFERENCE | 10-12 NOVEMBER 2021	Page 2

Highlights

• Mount Lindsay Tin- Tungsten Underground Feasibility Study has commenced, leveraging off previous open-pit study which included >100,000m of diamond core drilling;

• Recommenced Tin Exploration at Mount Lindsay leading to the
onlydiscovery of two new mineralised Skarns, Venture is the only ASX
use	company actively exploring for the next new Tin discovery;
• Chalice has defined new EM anomalies on 'Julimar lookalike' target (as
	defined by Chalice) at the South West Nickel-Copper-PGE Project;
• Downhole EM delineates large conductor under High Grade Zinc-
ersonal	Copper-Gold drill intersections at Golden Grove North;
• Ni-Cu-PGE portfolio significantly expanded through the recent
	acquisition of highly prospective tenure at the Kulin Project, effectively
	doubling Venture's Ni-Cu-PGE portfolio.
NOOSA INVESTOR CONFERENCE | 10-12 NOVEMBER 2021	Page 3

Corporate Snapshot

only	Market Snapshot ASX:VMS
Shares on issue	1,385m
	Share price	4.4c
	Unlisted options1	45.9m
	Market capitalization	62.3m
use
Cash balance (30 Sep 2021)	9.0m
	0.0m
	Debt (30 Sep 2021)
	Enterprise value	53.3m

1. 7m @ A$0.001, 13.5m @ A$0.052, 19.9m @ A$0.06, 1m @ A$0.45, 2m @ A$0.50, 2.5m @ A$0.55

ersonal	Major Shareholders		%
	Top 20	24.2
	Elphinstone Holdings Pty Ltd	3.8
	WGS Pty Ltd	2.2

NOOSA INVESTOR CONFERENCE | 10-12 NOVEMBER 2021

Share Price (A$)	Share Price and Volume	Volume (Millions)
0.20
				200
0.15				150
0.10				100
0.05				50
0.00				0
Nov-20	Feb-21	May-21	Aug-21	Nov-21
		Volume	Price

225%		Tin Price (US$/t)
200%
175%
150%
125%
100%
75%
50%
Nov-20	Feb-21	May-21	Aug-21	Nov-21

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Directors and Key Management

A dedicated management team with a wealth of experience and credited with a number of

discoveries both in Australia and internationally

only
use	Mel Ashton	Hamish Halliday
	Non-Executive Chairman	Non-Executive Director
 Chairman of Venture Minerals	 Geologist with over 20 years
	Limited;	corporate and technical
 Over 35 years experience as a	experience in the mining industry,
ersonal	Chartered Accountant,	involved in the discovery and
specialising in Corporate	acquisition of numerous projects
Restructuring & Finance and as	over a range of commodities
	a Professional Company	throughout four continents;
	Director;	 Founded and held executive and
 Held executive directorships	non-executive directorships with
	with a number of successful	a number of successful listed
	ASX listed companies.	exploration companies including;
		Blackstone Minerals Limited,
		Renaissance Minerals, Gryphon
		Minerals and Adamus Resources
		Ltd.

Andrew Radonjic

Managing Director

• Mine Geologist and Mineral Economist;
• >30 years experience with a focus on gold and nickel in the Eastern Goldfields of Western Australia;
• Instrumental in three significant gold discoveries north of Kalgoorlie that led to the pouring of over 1.5 million ounces;
• Co-leadthe exploration team during the discovery of the Mount Lindsay Tin-Tungsten-Magnetite deposits, Tasmania;
• Held Managing Director role at Nickelore Limited;
• Co-foundedthe recent successful listing of Blackstone Minerals Limited.

Dr Stuart Owen

Exploration Manager

• BSc & PhD in Geology, member of the AIG and over 20 years of experience in mineral exploration which included gold and nickel;
• Senior Geologist in the exploration team that discovered and delineated the Paulsens Gold Deposit in the Ashburton region of WA;
• Exploration Manager in the Adamus team that discovered and delineated the Southern Ashanti Gold Deposits, Ghana;
• Exploration Manager for Venture during the discovery of the Mt Lindsay Tin-Tungsten-Magnetite deposits, Tasmania.

NOOSA INVESTOR CONFERENCE | 10-12 NOVEMBER 2021

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