Sentinel Metals (SNM) Company presentation summary

Strategic growth initiatives

• Acquiring the Big Springs Gold Project in Nevada, adding a high-grade 1Moz JORC resource and doubling the global resource base to nearly 2Moz, with significant exploration upside.

• Big Springs acquisition valued at ~A$26m, with upfront cash, equity, and milestone payments, subject to shareholder approval and a conditional A$15m capital raise.

• Columbia Gold Project in Montana advances with a 920koz JORC resource and a large exploration target, supported by strong maiden drilling results.

• Both projects are located in premier North American gold districts, offering operational synergies and reduced single-asset risk.

• Management team has proven expertise in discovery, project development, and company building across major mining jurisdictions.

Project highlights and exploration potential

• Big Springs features a fully permitted mine plan, allowing immediate development and bypassing lengthy federal permitting timelines.

• The project sits on 93km² of Carlin-style gold tenure, adjacent to major gold complexes and within trucking distance of three permitted processing facilities.

• Historical drilling at Big Springs indicates high-grade shoots open at depth, with a drill program ready to target extensions and add high-grade ounces.

• Columbia Project hosts 21.4Mt at 1.34g/t Au for 920koz, with an additional exploration target of 800–1,200koz at 1.1–1.4g/t Au.

• Maiden diamond drilling at Columbia returned 46.8m @ 5.5g/t Au, including 21.4m @ 11.1g/t Au, confirming high-grade mineralization at depth.

Corporate and financial overview

• Market capitalization of $63.0 million, with $3.7 million cash and an enterprise value of $59.3 million as of June 2026.

• Share price has risen from A$0.20 at IPO (Oct 2025) to A$0.605 by August 2026, reflecting strong market interest.

• Major shareholders include founders and board (28%), rest of top-20 (47%), and others (25%).

• Proposed acquisition and placement will further strengthen the balance sheet and fund exploration and development.

• Multiple upcoming catalysts include completion of the Big Springs acquisition, ongoing drilling, and resource updates.