#1ASX Announcement 7 September 2023 N nt minerals Driven by the value within. Investor Presentation September 2023 - Updated ASX Market Announcements NT Minerals Limited (ASX: NTM, the Company) refers to its investor presentation lodged on 7 September 2023. Slide 3 has been updated as attached to correct the reference to the Redbank Copper Project JORC information, correcting the second dot point from "an existing JORC (2012) Inferred resource of 84Mt @ 1.1% Cu (0.03% cut-off)" to "an existing JORC (2012) Inferred resource of 8.4Mt @ 1.1% Cu (0.03% cut-off). Yours faithfully, Melanie Ross Company Secretary NT Minerals Limited | ABN: 66 059 326 519 | ASX Code: NTM | Ground Floor, 589 Hay Street, Jolimont WA 6014 T +61 8 9362 9888 | [email protected] | www.ntminerals.com.au#2N nt minerals Corporate and Operational Update Positioning for Critical Minerals of Tomorrow September 2023 Driven by the value within. N#3Acknowledgement of Country / Disclaimer / Competent Person Acknowledgement of Country We acknowledge the Traditional Custodians of the land on which we meet, and on the land on which we operate and Disclaimer and Forward-Looking Statements pay respects to Elders past and present. This presentation is not a prospectus nor an offer of securities for subscription or sale in any jurisdiction nor recommendation to buy or sell NT Minerals Limited securities. The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment decisions, investors should rely on their own examination NT Minerals Limited and consult with their own legal, tax, business and/or financial advisers in connection with any acquisition of securities or investment in NT Minerals Limited. The information contained in this presentation has been prepared in good faith by NT Minerals Limited. However, no representation or warranty, express or implied, is made as to the completeness or adequacy of any statements, estimates, opinions or other information contained in this presentation. To the maximum extent permitted by law, NT Minerals Limited, its directors, officers, employees and agents disclaim liability for any loss or damage which may be suffered by any person through the use of, or reliance on, anything contained in or omitted from this presentation. Certain information in this presentation refers to the intentions of NT Minerals Limited, but these are not intended to be forecasts, forward looking statements, or statements about future matters for the purposes of the Corporations Act (Cth, Australia) or any other applicable law. The occurrence of events in the future are subject to risks, uncertainties and other factors that may cause NT Minerals Limited's actual results, performance or achievements to differ from those referred to in this presentation to occur as contemplated. The presentation contains only a synopsis of more detailed information to be published in relation to the matters described in this presentation and accordingly no reliance may be placed for any purpose whatsoever on the sufficiency or completeness of such information and to do so could potentially expose you to a significant risk of losing all of the property invested by you or incurring by you of additional liability. Recipients of this presentation should conduct their own investigation, evaluation and analysis of the business, data and property described in this presentation. In particular, any estimates or projections or opinions contained in this presentation necessarily involve significant elements of subjective judgment, analysis and assumptions and you should satisfy yourself in relation to such matters. Competent Person Statement N The Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the 'JORC Code') sets out minimum standards, recommendations and guidelines for Public Reporting in Australasia of Exploration Results, Mineral Resources and Ore Reserves. The Information contained in this presentation has been presented in accordance with the JORC Code and references to "Measured, Indicated and Inferred Resources" are to those terms as defined in the JORC Code. The information provided in this presentation relating to Geology and Exploration Results is based, and fairly reflects, information previously reported by NT Minerals and subsequently reviewed by Mr Greg Wilson, who is a Member of the Australian Institute of Mining and Metallurgy. Mr Wilson is a Consulting Geologist providing services to NT Minerals Limited. Mr Wilson has sufficient experience which is 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 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Wilson consents to the inclusion in this presentation of the matters, based on the information reviewed, in the form and context in which it appears. All parties have consented to the inclusion of their work for the purposes of this presentation. The interpretations and conclusions reached in this presentation are based on current geological theory and the best evidence available to the author at the time of writing. It is the nature of all scientific conclusions that they are founded on an assessment of probabilities and, however high these probabilities might be, they make no claim for absolute certainty. Any economic decisions which might be taken on the basis of interpretations or conclusions contained in this presentation will therefore carry an element of risk. Details of NT Minerals Limited's Mineral Resource estimates which may appear in this presentation are estimates previously disclosed in Redbank Copper Limited's ASX announcement dated 24 June 2021 in compliance with The Australasian Code for Reporting for Exploration Results, Mineral Resources and Ore Reserves, 2012. NT Minerals Limited confirms that it is not aware of any new information or data that materially affects the information included in the 24 June 2021 ASX announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed.#4Company Overview 2 NJ □ NT Minerals is an exploration company which owns 100% of highly prospective copper, lithium and other critical minerals projects. □ NT Mineral's flagship Redbank Copper Project comprises a +13,000km² land position with an existing JORC (2012) Inferred resource of 8.4Mt @ 1.1% Cu (0.03% cut-off) - 88,600 tonnes contained copper, with a potential further 1,000t contained copper in tailings dam. ☐ NT Minerals has recently acquired the adjacent Wollogorang Project with an existing JORC (2012) resource of ~1,200t contained Cobalt. ☐ NT Minerals has continued to expand its northern Australian focus to include lithium and other critical minerals. ☐ Acquisition of the Finniss River Critical Minerals Project - west/southwest of Core Lithium Ltd (ASX:CXO) Finniss Project 15Mt @ Li₂o, - Situated in the Bynoe Pegmatite Field - ☐ All NT Minerals projects are Australia based.#5Capital Structure Overview ASX Code Shares on Issue ASX: NTM 12-Month Share Price Performance 800,698,915 2 NJ $0.04 30.0m Volume Share Price Share Price (1 September 2023) $0.010 Cash on Hand (30 June 2023) $584,000 25.0m Options 54,875,000 $0.03 20.0m Performance Rights² 108,000,000 Convertible Note (undrawn) $2,500,000 $0.02 15.0m Market Capitalisation ~$8,007,000 Adroit Capital NTM Recapitalisation Top Shareholders Io.om Other Shareholders 76% NT Minerals | September 23 Androit Capital 11% Jason Peterson 8% Wyllie Group 5% $0.01 5.0m $0.00 o.om Sep-22 Nov-22 Jan-23 Mar-23 May-23 Jul-23 Sep-23 ༧༠ Appendix 5B Report 28 July 2023 Performance Rights were approved at the July 2023 AGM to reduce ongoing Director costs and to align performance and value creation objectives for NTM moving forward. The Performance Rights are split into 3 Tranches and vest on the 20-day VWAP Strike hurdle as follows; Tranche I Tranche 2 Tranche 3 24M 36M 48M Expiry 31 Dec 2023 Expiry 30 Jun 2025 Strike $0.02 Strike $0.05 Expiry 30 Jun 2026 Strike $0.10 Page 4#6NT Minerals Board Mal James Executive Chair Mr. James is an innovative, entrepreneurial executive leader with a wealth of cross-cultural skills delivering international market success. Mr. James has more than 30 years' experience spanning both public and private companies and across mining, oil, gas, business advisory and product development in senior operational, strategic and general management roles. Mr. James has demonstrated expertise in architecting transformational change, leveraging his business acumen to provide effective operational strategies and improve business performance across the board by maximising good business judgement and knowledge. Roy Jansan Non-Executive Director Mr. Jansan is an Indigenous Rak Mak Mak Marranunggu man raised in Darwin (Northern Territory) and is the formal elder of his people. Mr. Jansan specialises in the construction of mines, concrete manufacturing, remote construction projects and civil construction. Mr. Jansan has extensive experience building and constructing mining infrastructure and processing plants for public and private operations. Hugh Thomas Non-Executive Director Mr. Thomas has over 35 years' industry experience having held several executive management and consultancy positions across the natural resources sector. These include Managing Director and head of Asia Pacific Natural Resources for both JP Morgan and Morgan Stanley in Hong Kong and head of natural resources investment banking for Investec Bank in Sydney. Mr. Thomas also has extensive experience working with listed companies at the exploration and development stage, having held positions with Robust Resources, Indochine Mining and the unlisted International Base Metals. Melanie Ross - Company Secretary Ms. Ross is an accounting and corporate governance professional with over 20 years' experience in financial accounting and analysis, audit, business and corporate advisory services in public practice, commerce and state government. She has a Bachelor of Commerce and is a member of the Institute of Chartered Accountants in Australia and New Zealand and an associate member of the Governance Institute of Australia. Ms. Ross is currently a Director of Consilium Corporate Pty Ltd, an advisory company based in Perth that provides corporate and other advisory services to public listed companies. NT Minerals | September 23 N Page 5#7Company Activities - Since Relisting March 2023 . Private Placement - +$500,000 . Convertible Note - $2.5M (conversion floor - $0.01) New Board Board personal investment ➤ April - July 2023 • - Entitlement Issue - +$1.1m fully underwritten • Reinstated to Trading on ASX • ● • • • Costs Reduction across corporate areas Realignment of Board / Management Remuneration Critical Minerals Acquisition - Finniss River Joint Venture implemented on Millers Creek Project (SA) Expansion of Redbank Project through acquisition Re-engaged with NSW Govt over McKinnons Rehabilitation Strategic Review - Refocus of NT Minerals Northern Australia centric Critical/Strategic Minerals targets Risk Mitigation through expansion Road Map to production & sales Existing JORC (2012) Resource: ○ 8.4Mt @1.1% Cu (0.3% cut-off) 88,600 tonnes contained copper Re-rating to market peers "The recent acquisitions significantly increase NT Minerals portfolio with an expansion of the Redbank Copper Project and the exciting addition of critical minerals to the portfolio". Mal James Executive Chairman NT Minerals | September 23 N Page 6#8Redbank Copper Project N#9Redbank Copper Project - The Right Address N A Darwin 5000km Twelve Mile Bore Kapok Winu Nifty Telfer Abra Browns Redbank Project McArthur River Redbank Lady Loretta Walford Creek Century Mount Isa George Fisher Dugald River Jasper Block McCabe Cannington 170 ■ Townsville ☐ 2 NJ Research released by Geoscience Australia (GSA) in 2020 as part of the "Exploring for the Future Program” identified the North Australia mineral corridor with enhanced potential for base metal mineralisation, extending from McArthur River Mine to Century and Mt Isa. GSA used continent-scale scientific data to map mantle-edge thermal gradients along craton margins, identifying a critical change in thickness of the lithosphere 170 kms below surface. 140° Golden Grove Julimar Perth Prominent Hill Nimbus Olympic Dam Mount Coffin Beltana Broken Hill Redbank Project Tenements MINES & DEPOSITS Copper, >10 Mt Copper, 1-10 Mt Copper, <1 Mt Lead, 1-10 Mt Lead, <1 Mt A Zinc, >10 Mt Zinc, 1-10 Mt V Zinc, <1 Mt Nickel, >10 Mt LAB Depth Contours (km) Major Towns State Borders Adelaide Melbourne Brisbane C 136° Redbank Sydney McArthur River Canberra NT Walford Creek Century Hobart I Mount Isa Line 94MTI-01 NT WA QLD SA 18° NSW VIC QLD TAS Line 07GA-IG GSA interpreted change in lithosphere defines craton margins, noting some 85% of sediment-hosted base metals (copper, lead, zinc) occur within 200km of the transition between thick and thin lithosphere. Lithospheric thickness (km) 250 km 50 100 150 200 250 300 NT Minerals | September 23 22° 。 Pb-rich sample A Pb-poor sample Excluded Pb sample Iron-oxide copper-gold deposit O Orogenic gold deposit Siliciclastic-carbonate zinc 00 deposit Siliciclastic-mafic zinc deposit Page 8#10Redbank Copper Project Ownership Location & Infrastructure • 100% Ownership Located in the McArthur Basin, an area known for hosting world class base metals deposits Existing large scale base metals operations within the region 8200000mN EL32464 McArthur River Mine EL32465 Spring Creek EL32466 EL32460 700000mE Seven Emu • The Redbank Copper Project scale is Size & Scale Current Resource Opportunity . significant capturing a total tenure in excess of 13,000 km² Project hosts a JORC (2012) compliant Inferred resource totaling 8.4Mt @ 1.1 Cu for ~88kt contained copper¹ The region is significantly underexplored in terms of modern exploration activities Historical datasets and NT Minerals 2022 field program highlighted elevated soil geochemistry levels Targets defined and remain untested 8100000mN Merlin Mine EL32467 EL31236 Robinson River EL31237 EL32463 EL32462 EL32470 Kiana REDBANK PROJECT TENEMENTS Granted Application MINES & DEPOSITS Copper Cobalt Lead-Zinc-Silver NT Minerals | September 23 (1) Savannah Way EL32468 Zollogorang Road EL32461 EL32469 EL32873 EL32471 MCARTHUR BASIN Redbank Project 2 Redbank Project Tenements MINES & DEPOSITS ° Copper ° Coba Q Copper-Lead-w-Catal Lead Diamond .. Mar Roads Minor Roads State Borders GREATER MCARTHUR McArthur River Mine 20 Zn 8200 Pb300Maz Merlin Mine Watford Creek D k Deposite 194 Du 154 Pb, 17M Ag 2 Co Century Mine Mine MTISA INLIER NORTHERN TERRITORY George Fisher Mine EL32323 EL24654 MLN634 ELR94 EL32715 Sandy Flat Mine MLN635 Calvert Hills EL32325 EL31316 Wollogorang Station Minor Roads Tracks Diamond State Borders N A EL32324 EL32807 Homestead Watercourse 20km NT QLD Aircraft Landing Ground Forest OGDA94 MGA Zone 53 800000mE Refer NT Minerals ASX Announcement 24 June 2021 Page 9#11Redbank Copper Project - expansion (Wollogorang Copper Project) N Ownership · Location • Size & Scale 100% Ownership (Acquisition from Resolution Minerals)* Located adjacent to the existing Redbank tenements in the McArthur Basin Wollogorang Project covers an area of tenure +3,800km² NT MINERALS PROJECTS Redbank, Granted Redbank, Application Wollogorang, Granted MINERAL OCCURRENCES · Cobalt Deposit Copper Mine Copper Occurrence Phosphate Occurrence Minor Roads Tracks State Borders 750000mE EL31548 800000mE EL31549 STANTON-RUNNING CREEK PIPE CLUSTER NT QLD Current Resource Project host a historical JORC (2012) compliant Resource totaling 0.4Mt @ 0.13% Co, 0.06% Ni and 0.12% Cu for ~1200t contained Cobalt 2 Opportunity • Highly prospective for critical / strategic minerals NT Minerals | September 23 • Copper Cobalt • Nickel • Rare Earths སྱེ EL32468 N MA 25km GDA94 MGA Zone 53 EL30496 EL31546 Stanton Deposit Cenozoic Sediments CARPENTARIA BASIN Mullaman Beds GEORGINA BASIN KIANA GROUP Bukalara Sandstone MCARTHUR BASIN NATHAN GROUP Karns Dolostone TAWALLAH GROUP Packsaddle Microgranite Hobblechain Rhyolite Echo Sandstone Gold Creek Volcanics Wollogorang Formation Settlement Creek Dolerite Aquarium Formation Sly Creek Sandstone McDermott Formation EL30590 SELBY PIPE CLUSTER EL31550 EL32323 EL31272 MLN634 ELR94 Sandy Flat Mine EL31316 Refer NT Minerals ASX Announcement 6 September 2023 Refer Northern Cobalt (ASX:N27) ASX Announcement 9 April 2018 EL24654 EL32715 MLN635 REDBANK BRECCIA PIPE CLUSTER 8150000mN Page 10#12Finniss River Critical Minerals Project N#13NT Minerals Limited Northern Territory Finniss River Critical Minerals Project Tenement Locations Finniss River Critical Minerals Project Ownership Location Size & Scale - 100% Ownership' 60 130km west southwest of Core Lithium Ltd Finniss Project +2,200km2 NJ nt minerals Legend Exploration Licence Exploration Licence Application Weight Aboriginal Reserve National Park/Reserve Pasional Lease Firniss Lithium Project Core Litium Project Ama Town/Localty Road Major Drainage Mineral Occurance Li-Ta-5 Lithium Tim Tantalum Manndia Rd Opportunity NT Minerals | September 23 • • • Historical exploration through the area has been varied and sporadic, predominantly targeting uranium and base metals during the early and mid- 1980's utilising regional scale exploration techniques including regional stream geochemistry, aeromagnetics and radiometrics Preliminary observations have confirmed historical logging, noting the presence of ultramafic intrusive lithologies, pegmatites and graphite bearing black shales Similar characteristics and geological setting to the Finniss Lithium Project owned by Core Lithium Ltd (ASX:CXO) Relogging and sampling of historical drill core commenced in May and will be ongoing Channel Point Reserve Anson Bay Fog Bay Dundee Beach Aap Ama 13097 N.T. Tapa Bay WE gat Beach o Darwin Cox Peninsular Timor Sea EL33160 Indian island Turnbull Bay EL33160 Qmiss River Finniss Waigait Aboriginal Reserve EL33158 (app) Marindja Rd Labelle Downs Reynolds R EL33161 Only River EL33157 (app) Elizabeth Downs Litchfield Finniss Lithium Project Bynoo Rabala Badia Part Beiyuen Skoves Rd Litchfield National Pack NJ Refer NT Minerals ASX Announcement 19 July 2023 Page 12#14Bynoe River - Regional Prospectivity NT Minerals Limited Northern Territory Finniss River Critical Minerals Project Tenement Locations NJ Date 225 nt minerals & 13733 Darwin Mac Ams N.T. Fate Tapa Bay Wagat Beach o Darwin Se 150.000 Legend Exploration Licence Exploration Licence Application Weigt Aboriginal Reserve National Park / Reserve Pasional Lease Fiss Litium Project Core Lithium Project Assa Town/Locality Road Major Drainage Mineral Occurance Li-Ta-S Channel Point Const Reserve Anson Bay Lithium Tin Tantalum Mannda Rd Dundee Beach Timor Sea EL33160 Indian Island Turnbull Bay Foobs River Fog Bay EL33160 Waigait Aboriginal Reserve EL33158 (app) Reynakis i Marinda R Labelle Downs EL33161 Daly River EL33157 (app) Extraboth Downs Litchfield Finniss Lithium Project Bynoe Fog Say Cox Peninsular Beyuen Badin Pat! High conviction regional prospectivity and the success of exploration and development opportunities around the world class Bynoe Pegmatite Fields is key to NT Minerals strategic objectives with the Finniss River acquisition 680.000m Core Lithium (30.6Mt @ 1.31% Li2O) Bynoe Pegmatite Field Litchfield National Park NT Minerals Bynoe Pegmatite Field FOR COAME DARWIN NJ -8.620,000m East Arm Port NORTHERN TERRITORY Grants Lithium Resource 8.000.000m 30,000 க Finniss Project Hang Gong SW Resource Carlton Lithium Resource Lees-Booths Link Prospect BP33 Lithium Resource Bynoe Pegmatite Field Sandras Lithium Resource -8,560,000mN 20 kilometres "NT Minerals is excited to add the Finniss River Critical Minerals Project to its northern Australian portfolio. This project is in the Bynoe Pegmatite Field that hosts the Finniss Lithium Project (Core Lithium) and Evergreen's Lithium Project." NT Minerals | September 23 Mal James Executive Chairman Core EL Highway Sealed road Road Railway Gas pipeline Pegmatite prospect Page 13#15Bynoe River The Neighbouring Explorers Activity is Alive - 500km² Tenure CORE 20000mE 40000m LITHIUM The Bynoe Pegmatite Field is attracting significant exploration activity from juniors with close proximity to the existing Core Lithium operation Interpreted Geology (taken from Litchfield 1:250k) Daly Basin Jinduckin Formation Säclastic sandstone Fitzmaurice Basin Moyle River Formation Murrenja Dolerite Birrindudu Basin Pine Creek Orogen Burrell Creek Formation Fog Bey Metamorphic Ken Suite Two Sisters Grang Wagait Granite Depot Creek Sandstone Bonapade Basin Welltree Metamaphics Undivided Gra Dundee Beach EL33160 Undivided Kulshill Group Water Fault Fold Dyke Domain boundary EL33160 Timor NJ nt minerals 2,277km² Tenure NT Minerals | September 23 Fog Bay Finniss R EL33158 (app) EL33157 (app) Mandia H EL33161 Bynoe Bynoe Finnis River Lodge 20km n Charlatte 2 NJ 60000mE Wickham Humpty Doo Blackmore Tumbling Waters Вупое Rum Jungle Reynolds R CHARGER METALS 62.7km² Tenure Batchelor EverGreen LITHIUM 231km² Tenure Page 14#16NT Minerals - Repositioning for Growth N#17The Strategic Pathway Forward – CY24 October Redbank November December January February ■ 3D modelling to depth of Redbank Project Breccias ■ Surface soil samples at Calvert South ■ Redbank Project - Native Title Consultations & NT Mines Rehabilitation Unit ▪ Sandy Flat Mine - Collaborative research & development to extract remnant metals ■ Continued identification of near-term revenue opportunities from the Redbank Project - ▪ Wet Season – processing samples, review of 3D models, development of CY24 field program ■ Collaborative funded aero-magnetic survey ☐ Continuing review of historical exploration data - 40-year-old drill core to be re-logged and assayed Finniss Consultation /negotiation with Traditional Owners NT Minerals | September 23 2 NJ CY24 Field Program ■ Redbank / Wollogorang Exploration & Drilling Campaigns ■ Field reconnaissance & surface sampling programs Page 16#18Driven by the value within NT Minerals Limited (ASX:NTM) Corporate and Operational Update Contact: Mal James Executive Chairman 61 8 9362 9888 [email protected] Critical Minerals for Tomorrow N