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Drilling district-scale targets in Tier-1 locations • 30,000m multi-rig drilling campaign underway at Pine Creek, NT • 2.3Moz AuEq Mineral Resources in WA and NT • $65M cash & investments underpinning growth Diggers & Dealers | August 2026ASX:PTN
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KEY INVESTMENT METRICS (ASX:PTN) Market Capitalisation1 $64M Cash & Investments1 $65M Enterprise Value (EV) -$1M Mineral Resources 2.3Moz AuEq EV/Resource -$0.50/oz AuEq Share price1 $0.043 Shares on issue 1,479M Corporate Overview Strong balance sheet underpinned by $65M cash and investments Enterprise Value below cash and investment backing 2.3Moz AuEq Mineral Resources across NT and WA Fully funded to deliver exploration and strategic growth Disciplined capital allocation SHARE REGISTER ASX:PTN 21Market data as at 31 July 2026. Cash & investments as at 30 June 2026.
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Australian gold explorer focused on two Tier-1 jurisdictions Pine Creek, NT – district-scale exploration and discovery opportunity Leonora, WA – established Mineral Resources with exploration upside Creating value through exploration and disciplined strategic growth Company Overview 3ASX:PTN
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Tier-1 Australian Jurisdictions 30,000m multi-rig drilling underway District-scale discovery and resource growth Experienced in-house exploration team Large-scale exploration upside across both hubs Flagship projects in Tier-1 Australian gold jurisdictions Portfolio Overview 4ASX:PTN
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Experience spanning exploration, resource growth, mine development and corporate transactions Technical and corporate expertise aligned to deliver Patronus' growth strategy Rowan Johnston Chairman Hansjoerg Plaggemars Non-Exec Director Joe Graziano Non-Exec Director • Mining engineer & executive • Mine development & operations • Company building & governance • International experience • Strong corporate finance, strategy & governance background • Professional director across a range of industries • Chartered Accountant • Experienced Corporate and Company Secretary • Experienced professional Board member and corporate advisor Steven Jones CFO / CoSec Leah Moore Chief Geologist Ria Brabham Exploration Manager - WA • Chartered Accountant with 25+ years experience • Extensive mining industry experience, including in investor relations, feasibilities & permitting • Geologist with +20 years experience • Variety of senior technical and consulting roles • Experience across a broad range of commodities • Geologist with +18 years experience • Previously with Bellevue Gold, overseeing resource growth from 1Moz to 3Moz Board & Management Experienced, Capable, Focused • Geologist with +18 years experience • Previously with IGO, First Quantum & Xstrata • Experience across a broad range of commodities Jed Williams Exploration Manager - NT John Ingram Managing Director & CEO • Geologist & mining executive • Extensive mining industry experience across a broad range of commodities and project stages Graham Ascough Non-Exec Director • Geophysicist and Resources Executive • Extensive corporate experience • Exploration to feasibility across a wide range of commodities ASX:PTN 5 Len Lau CDO • Corporate development executive with 20+ years experience • M&A, strategy, & project evaluation • Previously with Leo Lithium, Western Areas & Xstrata
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Northern Territory – Pine Creek Gold Project +20Moz regional gold endowment Dominant landholding in the Pine Creek Orogen One of Australia's last underexplored gold provinces Surrounded by major mineral deposits and processing infrastructure Multiple discovery opportunities being drill tested ASX:PTN 6
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Pine Creek – A District-Scale Gold Opportunity The Opportunity Pipeline of district-scale gold opportunities 30,000m drilling programme underway 283koz Au Mineral Resources Mining and processing approvals at Fountain Head Surrounded by established gold deposits, with proximity to Agnico Eagle's Union Reefs processing plant 7ASX:PTN Refer Appendix for relevant ASX announcements.
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From Groundwork to Discovery District-scale geochemistry completed Multiple large, coherent gold anomalies defined Seven priority exploration areas identified and ranked Current drilling programme testing four priority exploration areas Additional target areas progressing through exploration, approvals and drill planning 8ASX:PTN Patronus' landholding highlighting priority exploration areas (black squares) and district-scale lag geochemical anomalies (pink). Refer Appendix for relevant ASX announcements.
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283koz Au Mineral Resource across three deposits Mining and processing approvals in place Multiple brownfields growth targets Recent drilling confirmed mineralisation below the Tally Ho pit, including: TH26DD001: 2.61m @ 6.38g/t Au from 454m down- hole (200m below historical pit) TH26DD003: 3.17m @ 3.32g/t Au from 324.83m Results confirm linking mineralised structures between Fountain Head and Tally Ho 5,000m follow-up RC planned for near mine targets Fountain Head – Existing Resource with Upside 9ASX:PTN Fountain Head showing the existing Mineral Resource and priority exploration targets along the Fountain Head and Tally Ho trends. Refer Appendix for relevant ASX announcements.
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Why We’re Drilling +20km of largely untested gold anomalism 7km long gold trend at Bryaxis Multiple fold-related targets adjacent to the historical Goodall Gold Mine, with comparable structural and geological setting Potential shallow oxide mineralisation 12,500m RC and diamond programme underway Northern Leases – Camp-Scale Gold Potential 10ASX:PTN Northern Leases showing the Bryaxis 7km gold trend and surrounding priority exploration targets. Refer Appendix for relevant ASX announcements.
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Why We’re Drilling +20km prospective corridor with multiple target styles Multiple gold anomalies identified 5km Medusa and Hydra gold trends demonstrate camp-scale potential Supported by coincident magnetics and geochemistry 9,000m RC drilling underway Burnside North – Multiple Gold Targets 11ASX:PTN Burnside North showing multiple priority exploration targets, including the 5km Medusa and Hydra gold trends. Refer Appendix for relevant ASX announcements.
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Golden Dyke – Underexplored Gold Trend 12ASX:PTN Exploration Opportunity Historical goldfield with no systematic modern exploration 5km mineralised corridor defined by historical workings 10km from Fountain Head Project 5,000m RC drilling programme across multiple priority targets Golden Dyke showing historical gold workings, interpreted geology and priority exploration targets along a 5km mineralised corridor.Refer Appendix for relevant ASX announcements.
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Grove Hill – An Untested 5km Gold Trend 13ASX:PTN Why We’re Drilling +5km gold trend never drill tested Large coherent gold anomalies identified Favourable structural and geological setting 10km from Fountain Head 5,000m RC drilling underway Grove Hill showing priority exploration targets associated with two 2.7km gold trends. Refer Appendix for relevant ASX announcements.
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High-grade Zn-Pb-Ag-Au VMS Mineral Resource 177kt Zn, 37kt Pb, 16Moz Ag and 0.2Moz Au >40km of prospective VMS stratigraphy Potential for additional VMS discoveries along the mineralised corridor Recent geophysics and geochemistry refining future drill targets Hayes Creek – Base Metals Optionality 14ASX:PTN Hayes Creek showing interpreted VMS target units across the broader project area.Refer Appendix for relevant ASX announcements.
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Western Australia – Cardinia Gold Project 1Moz Au Mineral Resource Located in the Leonora Gold District Surrounded by established mining operations and processing infrastructure Multiple high-priority growth targets identified Heritage protection agreement process progressing ASX:PTN 15
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Cardinia Gold Project 16ASX:PTN Established Resource Base with Significant Exploration Potential 1Moz Au Mineral Resource in the Leonora Gold District Close to existing infrastructure and third-party processing options High-grade discoveries continue to demonstrate exploration potential Heritage protection agreement process progressing Drill programmes ready for execution once heritage access is secured Refer Appendix for relevant ASX announcements.
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Drilling continues to define the Guppy gold system New gold discovery 5km south of Cardinia East Coherent shallow gold mineralisation confirmed Open along strike and down dip Follow-up drilling planned following heritage access Guppy – Emerging Gold Discovery 17ASX:PTN Refer Appendix for relevant ASX announcements.
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10km Mertondale Shear Zone Multiple drill-ready targets at Koi and Merlin High-grade gold mineralisation confirmed by drilling Mineralisation extends beyond the existing Mineral Resources Follow-up drilling planned following heritage access Mertondale – High-Priority Growth Targets 18ASX:PTN Mertondale East Shear Zone showing existing Mineral Resources, completed drilling and priority exploration targets. Refer Appendix for relevant ASX announcements.
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19ASX:PTN Near Term Catalysts Planned activities for the remainder of 2026 Area July 26 Aug 26 Sept 26 Oct 26 Nov 26 Dec 26 Northern Territory – Pine Creek Project Fountain Head Northern Leases Burnside North Grove Hill Golden Dyke Cosmo Burnside SW Eastern Flank Regional Exploration Western Australia – Cardinia Gold Project Heritage Access 1 Guppy Concurrent work programmes across the portfolio provide a pipeline of exploration and project milestones through the remainder of 2026. 1WA drilling programmes remain subject to completion of the Heritage Protection Agreement process. Timeline shown is indicative only. Drilling Exploration External Dependency
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People Experienced leadership team with a proven track record of discovery, development, and value creation Projects Northern Territory – Discovery Pipeline District-scale gold project with multiple drill-ready targets and active discovery drilling Western Australia – Resource Growth Platform 1Moz gold resource base with significant exploration and resource expansion potential Price $65M in cash and liquid investments – Well funded for growth and exploration Compelling valuation – Trading at a discount to cash and asset backing Catalysts Multiple near-term catalysts from drilling, exploration and project de-risking. Summary – Key Investment Takeaways 20ASX:PTN
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Appendices
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Mertondale Mineral Resource Patronus confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements referenced in this release continue to apply and have not materially changed. JORC Classification Indicated Inferred TOTAL Mertondale Tonnes (Mt) Grade (g/t Au) Ounces ('000) Tonnes (Mt) Grade (g/t Au) Ounces ('000) Tonnes (Mt) Grade (g/t Au) Ounces ('000) Mertons Reward 1.5 1.9 90 0.2 1.9 13 1.7 1.9 103 Mertondale 3-4/Nth 1.8 1.6 96 0.8 1.6 42 2.7 1.6 138 Tonto 1.9 1.14 68 1.1 1.24 45 3.0 1.17 113 Mertondale 5 0.8 2.0 49 0.2 1.8 11 1.0 1.9 60 Eclipse - - - 0.8 0.97 24 0.8 0.97 24 Quicksilver - - - 1.2 1.08 42 1.2 1.08 42 TOTAL 6.0 1.6 303 4.3 1.3 177 10.4 1.4 480 Mertondale Mineral Resources by JORC Classification as at 12 Feb 2025 estimated utilising a cut-off grade of 0.4 g/t Au within AUD$3,500/oz pit shells for Mert Reward, Mert 3-4 and Mert 5, and AUD$2,600/oz optimisation shells for Quicksilver, Eclipse and Tonto. See ASX: PTN release ‘Mertondale MRE Update’ on 12th Feb 2025 and ASX:KIN release ‘Cardinia Project Gold Mineral Resource Passes 1.5 Moz’ 3 July 2023 for details. 22ASX:PTN
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Cardinia Mineral Resource Patronus confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements referenced in this release continue to apply and have not materially changed. JORC Classification Indicated Inferred TOTAL Cardinia East Tonnes (Mt) Grade (g/t Au) Ounces ('000) Tonnes (Mt) Grade (g/t Au) Ounces ('000) Tonnes (Mt) Grade (g/t Au) Ounces ('000) Helens 1.4 1.46 64 1.3 1.35 57 2.7 1.41 121 Helens East 0.4 1.71 24 1.0 1.50 46 1.4 1.57 70 Fiona 0.2 1.32 10 0.1 1.05 3 0.3 1.25 13 Rangoon 1.3 1.29 56 1.5 1.35 65 2.8 1.32 121 Hobby 0.0 0.00 0 0.6 1.26 23 0.6 1.26 23 Cardinia Hill 0.5 2.21 38 1.6 1.11 59 2.2 1.38 97 Cardinia U/G 0.0 2.56 1 0.4 2.41 29 0.4 2.41 29 TOTAL 3.9 1.53 193 6.4 1.36 282 10.4 1.42 475 Cardinia Mineral Resources by JORC Classification as at 3 July 2023 estimated utilising a cut-off grade of 0.4 g/t Au within AUD$2,600/oz optimisation shells. Underground (U/G) Resources are reported above a 2.0g/t Au cut-off grade outside of AUD$2,600/oz optimisation shells. consistent with the assumed open-cut mining method. See ASX:KIN release ‘Cardinia Project Gold Mineral Resource Passes 1.5 Moz’ 3 July 2023 for details. JORC Classification Indicated Inferred TOTAL Project Tonnes (Mt) Grade (g/t Au) Ounces ('000) Tonnes (Mt) Grade (g/t Au) Ounces ('000) Tonnes (Mt) Grade (g/t Au) Ounces ('000) Mertondale 6.0 1.6 303 4.3 1.3 177 10.4 1.4 480 Cardinia East 3.9 1.5 193 6.4 1.4 282 10.4 1.4 475 TOTAL 8.6 1.6 496 10.8 1.3 457 20.8 1.4 955 Mertondale and Cardinia Mineral Resources by JORC Classification as at 12 Feb 2025 estimated utilising a cut-off grade of 0.4 g/t Au within AUD $3,500/oz pit shells for Merton’s Reward, Mert 5 and Mert 3-4, and AUD$2,600/oz optimisation shells for everything else. Underground (U/G) Resources are reported above a 2.0g/t Au cut-off grade outside of AUD$2,600/oz optimisation shells. consistent with the assumed open-cut mining method. See See ASX: PTN release ‘Mertondale MRE Update’ on 12th Feb 2025 and ASX:KIN release ‘Cardinia Project Gold Mineral Resource Passes 1.5 Moz’ 3 July 2023 for details. 23ASX:PTN
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Fountain Head and Tally Ho Mineral Resources by JORC Classification as at 16 June 2020, reported utilising a cut-off grade of 0.7 g/t Au which is consistent with the assumed open cut mining method. See ASX:PNX release ‘Mineral Resource Update at Fountain Head’ 16 June 2020 for details. Glencoe Mineral Resources by oxidation zone and JORC Classification as at 29 August 2022 estimated using a cut-off grade of 0.7 g/t Au which is consistent with the assumed open-cut mining method. See ASX:PNX release ‘Glencoe Gold MRE Upgrade’ 30 August 2022 for details. PNX confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements referenced in this release continue to apply and have not materially changed. Fountain Head, Tally Ho and Glencoe Mineral Resource JORC Classification Measured Indicated Inferred TOTAL Project Tonnes (Mt) Grade (g/t Au) Ounces ('000) Tonnes (Mt) Grade (g/t Au) Ounces ('000) Tonnes (Mt) Grade (g/t Au) Ounces ('000) Tonnes (Mt) Grade (g/t Au) Ounces ('000) Fountain Head - - - 0.89 1.4 41 1.11 1.6 56 2.00 1.50 96 Tally Ho - - - 0.94 2.0 59 - - - 0.94 2.0 59 TOTAL - - - 1.83 1.7 100 1.11 1.6 56 2.94 1.7 156 JORC Classification Measured Indicated Inferred TOTAL Glencoe Tonnes (Mt) Grade (g/t Au) Ounces ('000) Tonnes (Mt) Grade (g/t Au) Ounces ('000) Tonnes (Mt) Grade (g/t Au) Ounces ('000) Tonnes (Mt) Grade (g/t Au) Ounces ('000) Oxide 0.0 1.18 1 0.1 1.04 3 0.0 1.23 2 0.1 1.11 5 Transitional 0.1 1.25 6 0.4 1.28 18 0.1 1.18 4 0.7 1.26 28 Fresh 0.3 1.36 12 0.6 1.04 22 0.3 1.17 12 1.2 1.14 46 TOTAL 0.4 1.32 18 1.2 1.13 43 0.5 1.18 18 2.1 1.18 79 24ASX:PTN
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Mt Porter Mineral Resource JORC Classification Measured Indicated Inferred TOTAL Mt Porter Tonnes (Mt) Grade (g/t Au) Ounces ('000) Tonnes (Mt) Grade (g/t Au) Ounces ('000) Tonnes (Mt) Grade (g/t Au) Ounces ('000) Tonnes (Mt) Grade (g/t Au) Ounces ('000) Oxide / Transitional - - - 0.1 1.9 4 0.0 2.4 0.6 0.1 2.0 5 Fresh - - - 0.5 2.3 36 0.1 1.8 7.4 0.6 2.2 43 TOTAL - - - 0.5 2.3 40 0.1 1.9 8.0 0.7 2.2 48 Mt Porter Mineral Resources by JORC Classification as at 28 June 2022 estimated utilising a cut-off grade of 1.0 g/t Au which is consistent with the assumed open-cut mining method. See ASX:PNX release ‘PNX acquires the Mt Porter Gold Deposit, NT’ 28 September 2022 for details. PNX confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements referenced in this release continue to apply and have not materially changed. 25ASX:PTN
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JORC Classification Iron Blow Tonnes (Mt) Grade Lode Zn (%) Pb (%) Cu (%) Ag (g/t) Au (g/t) ZnEq (%) AuEq (g/t) Indicated East Lode 0.80 7.64 1.83 0.30 275 2.90 20.64 15.53 West Lode 1.28 4.14 0.33 0.31 60 1.73 8.84 6.66 Total Indicated 2.08 5.49 0.91 0.30 143 2.19 13.39 10.08 Inferred East Lode 0.02 0.48 0.34 0.16 132 6.01 13.65 9.43 West Lode 0.02 0.76 0.96 0.13 109 1.02 5.90 4.44 FW Gold 0.21 0.25 0.07 0.03 16 2.03 3.48 2.62 HW Gold 0.04 0.06 0.09 0.01 6 1.68 2.57 1.94 Interlode Gold 0.04 0.21 0.03 0.07 8 1.66 2.79 2.10 Interlode Base Metals 0.12 3.52 0.32 0.14 35 0.69 5.87 4.42 Total Inferred 0.45 1.11 0.18 0.07 27 1.71 4.38 3.30 TOTAL Indicated + Inferred 2.53 4.71 0.78 0.26 122 2.10 11.79 8.87 Contained Metal 119kt 18kt 7kt 9.9Moz 171koz 298kt 722koz Iron Blow Mineral Resources by JORC Classification as at 03 May 2017 estimated utilising a cut-off grade of 1.0 g/t AuEq. See next page Notes and ASX:PNX release ‘Hayes Creek Mineral Resources Exceed 1.1Moz Gold Equivalent’ 3 May 2017 for details. Mt Bonnie Mineral Resources by JORC Classification as at 08 February 2017 estimated utilising a cut-off grade of 0.5 g/t Au for Oxide/Transitional Domain, 1% Zn for Fresh Domain and 50g/t Ag for Ag Zone Domain. See next page Notes and ASX:PNX release ‘Upgrade to Mt Bonnie Zinc-Gold-Silver Resource, Hayes Creek’ 9 February 2017 for details. PNX confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements referenced in this release continue to apply and have not materially changed. JORC Classification Mt Bonnie Tonnes (Mt) Grade Domain Zn (%) Pb (%) Cu (%) Ag (g/t) Au (g/t) ZnEq (%) AuEq (g/t) Indicated Oxide/Transitional 0.20 0.94 2.43 0.18 171 3.80 11.50 9.44 Fresh 1.18 4.46 0.94 0.23 121 1.02 9.60 7.88 Total Indicated 1.38 3.96 1.15 0.23 128 1.41 9.87 8.11 Inferred Oxide/Transitional 0.03 0.43 1.33 0.29 74 2.28 6.37 5.23 Fresh 0.12 2.91 0.90 0.15 135 0.54 7.61 6.25 Ag Zone 0.02 0.17 0.03 0.04 87 0.04 2.36 1.94 Total Inferred 0.17 2.11 0.87 0.16 118 0.80 6.73 5.53 TOTAL Indicated + Inferred 1.55 3.76 1.12 0.22 127 1.34 9.53 7.82 Contained Metal 58kt 17kt 3kt 6.3Moz 69koz 147kt 389koz 26ASX:PTN Hayes Creek Mineral Resource
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Metals Unit Price Recovery Mt Bonnie Recovery Iron Blow Zn USD / t 2,450 80% 80% Pb USD / t 2,100 60% 60% Cu USD / t 6,200 60% 60% Ag USD / troy ounce 20.50 70% 80% Au USD / troy ounce 1,350 55% 60% Total Hayes Creek Mineral Resources (Iron Blow + Mt Bonnie) by JORC Classification as at 03 May 2017 Notes: Due to effects of rounding, totals may not represent the sum of all components. Metallurgical recoveries and metal prices have been applied in calculating zinc equivalent (ZnEq) and gold equivalent (AuEq) grades. At Iron Blow a mineralisation envelope was interpreted for each of the two main lodes, the East Lode (Zn-Au-Ag-Pb) and West Lode (Zn-Au), and four subsidiary lodes with a 1 g/t AuEq cut-off used to interpret and report these lodes. At Mt Bonnie Zn domains are reported above a cut-of grade of 1% Zn, gold domains are reported above a cut-off grade of 0.5 g/t Au and silver domains are reported above a cut-off grade of 50 g/t Ag. To assess the potential value of the total suite of minerals of economic interest, formulae were developed to calculate metal equivalency for Au and Zn. Metal prices were derived from average consensus forecasts from external sources for the period 2017 through 2021 and are consistent with those used in PNX’s recently updated Mt Bonnie Mineral Resource Estimate. Metallurgical recovery information was sourced from test work completed at the Iron Blow deposit, including historical test work. Mt Bonnie and Iron Blow have similar mineralogical characteristics and are a similar style of deposit. In PNX’s opinion all the metals used in the equivalence calculation have a reasonable potential to be recovered and sold. PNX has chosen to report both the ZnEq and AuEq grades as although individually zinc is the dominant metal by value, the precious metals are the dominant group by value and will be recovered and sold separately to Zn. The formulae below were applied to the estimated constituents to derive the metal equivalent values: Gold Equivalent (field = “AuEq”) (g/t) = (Au grade (g/t) * (Au price per ounce/31.10348) * Au recovery) + (Ag grade (g/t) * (Ag price per ounce/31.10348) * Ag recovery) + (Cu grade (%) * (Cu price per tonne/100) * Cu recovery) + (Pb grade (%) * (Pb price per tonne/100) * Pb recovery) + (Zn grade (%) * (Zn price per tonne/100) * Zn recovery) / (Au price per ounce/31.10348 * Au recovery) Zinc Equivalent (field = “ZnEq”) (%) = (Au grade (g/t) * (Au price per ounce/31.10348) * Au recovery) + (Ag grade (g/t) * (Ag price per ounce/31.10348) * Ag recovery) + (Cu grade (%) * (Cu price per tonne/100) * Cu recovery) + (Pb grade (%) * (Pb price per tonne/100) * Pb recovery) + (Zn grade (%) * (Zn price per tonne/100) * Zn recovery) / (Zn price per tonne/100 * Zn recovery) PNX confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements referenced in this release continue to apply and have not materially changed. Hayes Creek Mineral Resource JORC Classification Tonnes (Mt) Grade Zn (%) Pb (%) Cu (%) Ag (g/t) Au (g/t) ZnEq (%) AuEq (g/t) Indicated (85%) 3.46 4.88 1.01 0.27 137 1.88 11.99 9.29 Inferred (15%) 0.62 1.39 0.37 0.10 52 1.46 5.03 3.91 TOTAL Indicated + Inferred 4.08 4.35 0.91 0.25 124 1.81 10.93 8.47 TOTAL Contained Metal 177kt 37kt 10kt 16Moz 238koz 445kt 1,110koz 27ASX:PTN
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28ASX:PTN Presentation Slide Supporting ASX Announcements Pine Creek – A District-Scale Gold Opportunity PNX ASX ‘Mineral Resource Update at Fountain Head’ 16 June 2020 PNX ASX ‘Glencoe Gold MRE Upgrade’ 30 August 2022 PNX ASX ‘PNX acquires the Mt Porter Gold Deposit, NT’ 28 September 2022 PNX ASX ‘Upgrade to Mt Bonnie Zinc-Gold-Silver Resource, Hayes Creek’ 9 February 2017 PNX ASX ‘Hayes Creek Mineral Resources Exceed 1.1Moz Gold Equivalent’ 3 May 2017 From Groundwork to Discovery PTN ASX ‘District-Scale Gold Opportunity expands as drilling advances at Pine Creek, NT’ 29 July 2026 PTN ASX ‘Pine Creek Gold Targets confirmed by infill Sampling’ 27 February 2026 PTN ASX ‘Additional high-priority gold targets defined by surface sampling at Pine Creek, NT’ 18 December 2025 Fountain Head – Existing Resource with Upside PNX ASX ‘Mineral Resource Update at Fountain Head’ 16 June 2020 PNX ASX ‘Glencoe Gold MRE Upgrade’ 30 August 2022 PTN ASX 'Strong Drill Results Confirm Depth Potential at Tally Ho’ 27 July 2026 Northern Leases – Camp-Scale Gold Potential PTN ASX 'New Large Scale Gold Targets at Pine Creek, NT' dated 6 October 2025 PTN ASX 'Pine Creek Gold Targets confirmed by infill Sampling' 27 Feb 2026 Burnside North – Multiple Gold Targets PTN ASX 'New Large Scale Gold Targets at Pine Creek, NT' dated 6 October 2025 Golden Dyke – Underexplored Gold Trend PTN ASX 'New Large Scale Gold Targets at Pine Creek, NT' dated 6 October 2025 Grove Hill – An Untested 5km Gold Trend PTN ASX 'Pine Creek Gold Targets confirmed by infill Sampling' 27 Feb 2026 PTN ASX 'Pine Creek surface sampling generates new large-scale gold targets' 6 October 2025 Hayes Creek – Base Metals Optionality PNX ASX ‘Upgrade to Mt Bonnie Zinc-Gold-Silver Resource, Hayes Creek’ 9 February 2017 PNX ASX ‘Hayes Creek Mineral Resources Exceed 1.1Moz Gold Equivalent’ 3 May 2017 Cardinia Gold Project PTN ASX 'Mertondale Open Pit Gold Resources Increase to 480,000oz' 12 February 2025. PTN ASX 'PTN acquires remaining 20% of Benalla’ 14 April 2026 Guppy – Emerging Gold Discovery PTN ASX 'Drilling results demonstrate gold potential at Guppy' 13 October 2025 Mertondale – High-Priority Growth Targets PTN ASX 'Significant Exploration Target at Koi’ 17 February 2025. PTN ASX, 'Merlin Exploration Target' 23 June 2025. PTN ASX 'Drilling Confirms Continuation of High-Grade Koi Lode' 14 May 2025. PTN ASX 'New High-Grade Gold Shoot Discovered at Mertondale' 18 June 2025 PTN ASX 'HG Gold Extensions Confirm Growth Potential at Mertondale' 5 November 2025 Relevant ASX announcements supporting information presented in this presentation. All technical information is supported by the referenced ASX announcements, including JORC Table 1 information and Competent Person Statements where applicable. ASX Announcement References
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This presentation has been prepared by Patronus Resources Limited (ACN 150 597 541; ASX:PTN) ('Patronus' or 'the Company'; formerly Kin Mining NL) and its subsidiary PNX Metals Limited (ACN 127 446 271) based on information available at the time of preparing this presentation. This presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment decisions in connection with any acquisition of securities, investors should rely on their own examination of Patronus and consult their own legal, business and/or financial advisers. The information contained in this presentation has been prepared in good faith by Patronus, however no representation or warranty expressed or implied is made as to the accuracy, correctness, completeness or adequacy of any statements, estimates, opinions or other information contained in this presentation. To the maximum extent permitted by law, Patronus, its directors, officers, employees and agents disclaim liability for any loss or damage which may be suffered by any person through the use or reliance on anything contained in or omitted from this presentation. Forward-Looking Statements This presentation contains 'forward-looking information' that is based on the Patronus’ expectations, estimates and projections as of the date on which the statements were made. This forward-looking information includes, among other things, statements with respect to the business strategy, plan, development, objectives, performance, outlook, growth, cash flow, projections, targets and expectations, mineral resources, and results of exploration. Generally, this forward- looking information can be identified by the use of forward-looking terminology such as ‘outlook’, ‘anticipate’, ‘project’, ‘target’, ‘likely’,’ believe’, ’estimate’, ‘expect’, ’intend’, ’may’, ’would’, ’could’, ’should’, ’scheduled’, ’will’, ’plan’, ’forecast’, ’evolve’ and similar expressions. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Forward-looking information is developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to the risk factors set out in the Non-Renounceable Rights Issue Offer Document issued by Kin Mining and released to ASX on 27 January 2023 and the Scheme Booklet of PNX released to ASX on 18 July 2024. This list is not exhausted of the factors that may affect our forward-looking information. These and other factors should be considered carefully, and readers should not place undue reliance on such forward-looking information. Patronus disclaims any intent or obligation to revise any forward-looking statements whether as a result of new information, estimates, or options, future events or results or otherwise, unless required to do so by law. Competent Person’s Statements This presentation refers to Patronus having a combined Mineral Resource of more than 1.4 Moz gold, 16.2 Moz silver and 177 kt Zn and refers to individual Mineral Resource estimates. References to Patronus’ Leonora Mineral Resource estimates have been extracted from the Patronus Resources’ announcement titled 'Mertondale Open Pit Gold Resources Increase to 480,000oz' dated 12th Feb 2025 and Kin Mining announcement titled 'Cardinia Project Gold Mineral Resource Passes 1.5 Moz' dated 3 July 2023 and available on PTN’s website at www.patronusresources.com.au/investors/announcements/. Patronus confirms that it is not aware of any new information or data that materially affect the information included in the original announcement and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. PTN confirms that the form and content of the Competent Persons’ findings are presented and have not been materially modified from the original market announcement. References to Patronus’ Northern Territory Mineral Resource estimates have been extracted from PNX’s announcements to the ASX titled ‘Mineral Resource Update at Fountain Head’ dated 16 June 2020, ‘Glencoe Gold MRE Upgrade’ dated 30 August 2022, ‘PNX acquires the Mt Porter Deposit, NT’ dated 28 September 2022, ‘Hayes Creek Mineral Resources Exceed 1.1 Moz Gold Equivalent’ dated 3 May 2017 and ‘Upgrade to Mt Bonnie Zinc-Gold-Silver Resource, Hayes Creek’ dated 9 February 2017, and are available on the ASX website under the code ‘PNX’. PTN confirms that it is not aware of any new information or data that materially affect the information included in the original announcements and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. PTN confirms that the form and content of the Competent Persons’ findings are presented and have not been materially modified from the original market announcements. The information in this presentation relating to all exploration results and exploration targets of Patronus’ projects is extracted from Patronus Resources announcements and are based on information compiled or reviewed by Leah Moore. Ms Moore is a member of the Australian Institute of Geoscientists and is a fulltime employee of Patronus. Ms Moore has sufficient experience of relevance to the styles of mineralisation and the types of deposit under consideration, and to the activities undertaken to qualify as a Competent Person as defined in the 2012 edition of the JORC 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code)'. The information in this presentation relating to exploration results is extracted from Patronus Resources announcement titled ‘12m @ 12.41g/t Aircore Hit Boosts Cardinia South Potential’ dated 4 August 2025. and is based on information compiled or reviewed by Ria Brabham. Ms Brabham is a member of the Australian Institute of Geoscientists and is a fulltime employee of Patronus. Ms Brabham has sufficient experience of relevance to the styles of mineralisation and the types of deposit under consideration, and to the activities undertaken to qualify as a Competent Person as defined in the 2012 edition of the JORC 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code)'. Patronus confirms that it is not aware of any new information or data that materially affect the information included in the original announcements and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. PTN confirms that the form and content of the Competent Persons’ findings are presented and have not been materially modified from the original market announcement. Ms Moore consents to the inclusion of this information in the form and context in which it appears. Disclaimer and Competent Person’s Statement 29ASX:PTN