#1RIDEN RAIDEN RESOURCES ANNUAL GENERAL MEETING PRESENTATION 21 November 2023 ASX:RDN DAX:YM4#2Disclaimer CAUTIONARY AND FORWARD-LOOKING STATEMENTS This presentation does not constitute investment advice. This presentation has been prepared by Raiden Resources Limited ("the Company" or ASX:RDN) to provide summary information about the Company and its activities as at the date of this presentation (November 2023). Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. The presentation does not take into account any person's particular investment objectives, financial resources or other relevant circumstances and the opinions and recommendations in this presentation are not intended to represent recommendations of particular investments to particular persons. All securities transactions involve risks, which include (among others) the risk of adverse or unanticipated market, financial or political developments. The Company confirms that it is not aware of any information or data that materially affects the information included in this presentation, and that all material assumptions and technical parameters underpinning the announcements on which this presentation relies continue to apply. The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this presentation has been derived from third parties and though Raiden Resources has no reason to believe that it is not accurate, reliable or complete, it has not been independently audited or verified by Raiden Resources. Any forward-looking statements included in this presentation involve subjective judgement and analysis and are subject to uncertainties, risks and contingencies, many of which are outside the control of, and maybe unknown to, Raiden Resources. In particular, these statements speak only to the date of this presentation, they assume the success of Raiden Resources' strategies, and they are subject to significant regulatory, business, competitive and economic uncertainties and risks. Actual future events may vary materially from the forward-looking statements and the assumptions on which these assumptions are based. Recipients of this presentation are cautioned not to place undue reliance on such forward-looking statements. Raiden Resources makes no representation or warranty as to the accuracy, reliability or completeness of information in this document and does not take responsibility for updating any information or correcting any errors or omissions which may become apparent after this presentation is released. To the extent permitted by law, Raiden Resources and its officers, employees, related bodies corporate and agents disclaim all liability, direct, indirect or consequential (and whether or not arising out of the negligence, default or lack of care of Raiden Resources and/or any of its agents) for any loss or damage suffered by a recipient or other persons arising out of, or in connection with, any use or reliance on this presentation or information. All amounts in A$ unless stated otherwise. ASX Announcements referenced in this presentation RAIDEN RESOURCES 1 ASX:RDN announcement 29 August 2023 $6m in funding to accelerate Pilbara Lithium Projects 2 ASX:RDN announcement 28 June 2023 Raiden expands lithium portfolio adjacent to Azure Minerals 3ASX:RDN announcement 23 August 2023 Raiden defines 30m wide outcropping pegmatites at 'Andover south project 4 ASX:GRE announcement 24 July 2023 Greentech metals Further high-grade lithium assays up to 3.6% Li₂O - reported at Osborne jv in WA 5 ASX:RDN announcement 7 August 2023 Raiden acquires lithium rights over the Arrow project in the Pilbara 6ASX: 1MC Morella Corporation Limited 10 May 2023 Drilling underway at Mallina Lithium 7 ASX:RDN announcement 03 April 2023 Maiden Mineral Resource Estimate & JORC Exploration Target 8ASX:RDN announcement 19 September 2023 Andover High-grade Li20 samples & new 50m wide pegmatite ⁹ASX:RDN 09 May Investor Presentation May 2023 10ASX:RDN 09 November 2023 Exceptional lithium results & additional spodumene XRD 11ASX:RDN 30 October 2023 Pegmatites and Spodumene Mapped at Arrow Project Competent Person Statement, Previously Reported Information and Cautionary Statement The information in this presentation that relates to exploration results, including those referenced in footnote 2,3,5,7,8 above, is based on and fairly represents information and supporting documentation, and has been reviewed and approved by Mr Warrick Clent, a competent person who is a member of the Australasian Institute of Mining and Metallurgy (AusIMM). Mr Warrick Clent is employed by Raiden Resources Limited. Mr Warrick Clent has sufficient experience that is relevant to the style of mineralisation and type of deposits under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 edition of the JORC Code. Mr Warrick Clent has provided his prior written consent as to the form and context in which the exploration results and the supporting information are presented in this announcement. The information from ASX announcements referenced (footnotes 2,3,5,7,8) in this presentation that relates to Exploration Results at the Company projects have been previously released on the ASX. The Company confirms it is not aware of any information or data that materially affects the information included in the market announcements and that all material assumptions and technical parameters underpinning the announcements continue to apply. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcements referred to above. Mineral Resources The Company confirms it is not aware of any new information or data that materially affects the information included in the 3 April 2023 (Maiden Mineral Resource Estimate & JORC Exploration Target) Raiden Resource estimate and all material assumptions and technical parameters underpinning the estimate continue to apply and have not materially changed when referring to its resource announcement made on 3 April 2023. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement. Cautionary Statement LR 5.16.5 The potential quantity and grade of this exploration target included in 3 April 2023 release is conceptual in nature, there is currently insufficient exploration completed to support a mineral resource of this size and it is uncertain whether continued exploration will result in the estimation of a JORC resource. The Exploration Target has been prepared in accordance with the JORC Code (2012).#3Corporate Overview / Structure & Highlights CAPITAL STRUCTURE (Undiluted) MARKET CAP ~$159.3M at A$0.064 (20/11/2023) SHARES ON ISSUE ~2,49B All Other Shareholders ~65.5% Top 20 (Excl. Substantial Holders and Directors) ~21% TOP HOLDERS Top 20 ~32% Top 50 Top 100 ~47% ~57% SUBSTANTIAL HOLDERS Pacton Gold Inc Kitara Investments ~5% ~6% Substantial Holders ~11% RAIDEN RESOURCES INVESTOR PRESENTATION Directors ~2.5% RAIDEN RESOURCES 2 450km² portfolio in Li₂O elephant territory in the Pilbara Recent acquisition of projects adjacent to Andover lithium discovery - Secured prime real-estate adjacent to a world class discovery ➤ Defined significant Li₂O bearing pegmatite swarms over extensive strike and mapped widths > Preparations for drilling program under way on Andover South & advancing Lithium programs on multiple projects in parallel Well capitalised - $6m raised in August for Lithium exploration programs¹ Jan... Feb '23 Mar '23 Apr 23 May '23 Jun '23 Jul '23 Aug '23 Sep 23 Oct '23 Nov '23 0.075 0.05 0.025 10 200M Price Volume 3#4Board & Management RAIDEN RESOURCES MICHAEL DAVY - Non-Executive Chairman Australian business executive with extensive experience in the Australian oil, gas and resources sectors. Mr Davy is also a Non- Executive Director of ASX listed Vanadium Resources Ltd, Haranga Resources Ltd and Arcadia Minerals Ltd. DALE GINN - Non-Executive Director Mr Ginn is an experienced mining executive and geologist of over 30 years based in central Canada. He is the founder of numerous exploration and mining companies and has led and participated in a variety of gold and base metal discoveries, many of which have entered production. Previously lead the Aston Mineral's Boomerang Ni sulphide project drill out in Canada. WARRICK CLENT - COO Geologist with +25 years' technical experience in the mining industry, having worked on greenfield through to advanced exploration projects, open cut and underground mines across the commodity spectrum in multiple countries and jurisdictions including Australia, Papua New Guinea and Indonesia. DUSKO LJUBOJEVIC - Managing Director Geologist and executive with extensive global mining and exploration experience in Europe, Africa, Central Asia, Australia & North America. Previously held senior positions in junior exploration companies; mid-tier and global majors. Co- founded and listed several exploration companies, including being the co-founder of Raiden Resources. KYLA GARIC - Company Secretary & Non-Executive Director Qualified Chartered Accountant and Company Secretary with over 18 years' experience working in the ASX markets. Ms. Garic is a director of Onyx Corporate in Australia. BRUCE VAN BRUNT- Technical Advisor International mining professional, +35 years' experience, mining engineering and geological background, who held key management positions with a number of majors (Echo Bay Mines, Placer Dome, Oceana Gold), junior miners (Amara) and development companies (MDL, Teranga). Developed and operated multiple mines in North America and across Africa. RAIDEN RESOURCES INVESTOR PRESENTATION 4#5Pilbara Lithium Portfolio Mapped spodumene-bearing pegmatite swarms adjacent to one of the most important hard rock Li₂O discoveries in the world (Azure's Andover discovery) Large ground holding with defined pegmatites & Spodumene at Arrow project Pegmatite lithium discoveries in the Mt Sholl project district District is serviced by excellent infrastructure (power, proximal port access, water, road network) RAIDEN RESOURCES INVESTOR PRESENTATION 450000 510000 Pilbara Ports Authority 7680000 10000 Mt Sholl 540000 570000 600000 Cape Lambert Cape Lambert Roeburne Andover North & South Cooya Pooya Towns RAIDEN Ports RESOURCES Andover lithium discovery (AZS) Gas line Raiden (80%-100%) Azure Minerals (60%) Primary Road Secondary Road Railways Pyramid Balla Balla Whim Creek Carnarvon RAIDEN RESOURCES Broome Port Hedland PROJECTS AREA WESTERN AUSTRALIA Kalgoorlie Perth O 10 Esperance Arrow 540000 570000 600000 Kununurr 7680000 7650000 5#6Andover North & South Lithium Project (RDN 80-100%) Secured tenements directly adjacent to Azure Mineral's Andover Lithium Project, forms the 40km² Andover North and South project Andover Complex rocks interpreted to underlie all current and acquired tenements - prospectivity confirmed Outcropping pegmatites noted across a 4-kilometre-long pegmatite field |7,705,000Y' 7,702,500Y 510,000X • Individual Li₂O bearing pegmatites outcrop up to 50 metres wide at surface⁹ E47/3849 |,700,000 Significant rock chip sampling indicates 7,697,500Y AZS Target Area 3 consistent results >1% Li₂O with grades up to 3.8% Li₂010 |7,695,000Y Detailed mapping/sampling underway over the Andover South tenements Soil sampling for Andover North planned 7,692,500Y Objective to drill as soon as possible -E47/4062 RAIDEN RESOURCES INVESTOR PRESENTATION |7,690,000Y 510,000X 512,500X 515,000X 517,500X E47/4061 520,000X 522,500X 512,500X P47/2028 515,000x 517,500X E47/4603 E47/4063 AZS Target Area 2 AZS Target Area 1 525,000X 520,000X 522,500X 525,000X 527,500X 530,000X 7,700,000 N 7,697,500Y Andover North & South Legend Lithium Projects Raiden tenement Azure (AZS) tenement Azure (AZS) Target Area Mapped Pegmatite - RDN Interpreted Andover Intrusion RAIDEN RESOURCES 6 532,500X 7,702,500Y RAIDEN RESOURCES $35,000X 7,705.000Y#7• Andover South Lithium Project (RDN 80-100%) Further X-Ray Diffraction analysis ("XRD") analysis confirms spodumene as dominant lithium mineral¹ 10 Significant new results from Andover South (those >2% Li₂O) include: о O 3.80% Li₂O - sample R21843 3.64% Li₂O - sample R21952 2.97% Li₂O - sample R21923 2.87% Li₂O-sample R21989 2.79% Li₂O - sample R21949 о 2.77% Li₂O-sample R21922 O 2.71% Li₂O - sample R21918 O 2.63% Li₂O - sample R21947 о ○ 2.57% Li₂O-sample R21907 2.54% Li₂O - sample R21979 2.40% Li₂O - sample R21945 о 2.25% Li₂O-sample R21921 。 2.17% Li₂O - sample R21990 。 2.15% Li₂O - sample R21987 7,692,250Y 1.73% 7,691,750Y RAIDEN RESOURCES INVESTOR PRESENTATION 7,691,500Y 512,250X 512,500X 7,692,500Y E47/4062 2.14% Li₂O 26% Spodumene 2.11% Li₂O 8% Spodumene 2.54% 3.64% 7,692,000Y 2.87% 3.80% 2.57% 2.17% Legend 1.97% 1.57% 2.15% 1.62% 1.58% 1.51% 512,000X 50 100 150m 512,250X 512,500X 512,750X 512,750X 2.70% 513,000X 2.22% RAIDEN RESOURCES 1.51% 7,692,250Y Andover South Lithium Project Raiden Rock Chip sample Mapped Pegmatite Interpreted Pegmatite 3.80% Highlight Rock Chip Location and Li₂O value 2.14% Li₂O 26% Spodumene Reported Rock Chip Location, Li₂O and Spodumene value RAIDEN RESOURCES 7 Li₂0% < 0.10 0.10 to 0.40 0.40 to 0.60 0.60 to 0.80 0.80 to 1.00 >=1.00 N $13,500X 7,692,500Y#8Andover South Lithium Project - spodumene confirmation 1,10 (RDN 80-100%) Identified Phase Quartz, syn Spodumene Albite Muscovite-1M, Fe+3-bearing Microcline Andover South XRD Results Concentration Match Chemical Formula (%) Confidence SiO2 42 High LiAl(Si206) 26 High Na0.98Ca0.02Al1.02si2.9808 16 High KO.9(Li0.20Fe0.92A11.2)(Al0.82Si3.18010)(OH)2 11 Low K(AISI308) Al2Be3Si6018 4 High Trace Moderate Beryl, syn Table 1: XRD analysis results from rock sample R21533 (from the Duratec Australia report "Semi-Quantitative XRD Analysis of Lithium Pegmatite Samples" for Raiden Resources Ltd) Identified Phase Chemical Formula Concentration (%) Match Confidence Albite Na0.98Ca0.02Al1.02Si2.9808 51 High Quartz, syn SiO2 Spodumene LiAl(Si206) 28 8 High High Muscovite-1M, KO.9(Li0.20Fe0.92A11.2) (Al0.82Si3.18010)(OH)2 7 Low K(AISI308) Al2Be3Si6018 Fe+3-bearing Microcline Beryl, syn Table 2: XRD analysis results from rock sample R21826 High Moderate (from the Duratec Australia report "Semi-Quantitative XRD Analysis of Lithium Pegmatite Samples" for Raiden 5 Trace Resources Ltd) RAIDEN RESOURCES INVESTOR PRESENTATION RAIDEN RESOURCES Andover South outcrop samples under Ultraviolet light* GSWA Sample R21830 10 cm GSWA Sample R21831 10 cm * In relation to the disclosure of visual mineralisation, the Company cautions that visual estimates of spodumene material abundance should never be considered a proxy or substitute for laboratory analysis. Laboratory assay results are required to determine the type and grade of the visible mineralisation reported in geological field mapping described in this announcement. The Company will update the market when laboratory analytical results become available. 8#9Andover South Lithium Project RAIDEN RESOURCES INVESTOR PRESENTATION RAIDEN RESOURCES ➤ Swarms of subparallel pegmatites defined over 4km trend Significant individual pegmatites (50 metre wide in outcrop) 9#10Mt Sholl Lithium Project (RDN 80-100%) Highly prospective for lithium-bearing pegmatites with multiple pegmatite fields defined by other parties adjacent to project area Current focus on Raiden's northern-most tenement (E47/3181), with reconnaissance mapping and sampling of southern tenements planned Same lithology as GreenTech Metals Ltd's (GRE)4 recent Osbourne JV high-grade lithium trend Significant GRE rock chip results include: • 3.63% Li₂O 2.3% Li₂O 7,692,500Y Mt Sholl Lithium Project E47/3181 Legend Raiden tenement Proposed Soil Sampling Area GRE Soil Sampling (Li ppm) • 0.55% Li₂O 0.48% Li₂O RAIDEN RESOURCES INVESTOR PRESENTATION 485,000X >100 50-100 RAIDEN RESOURCES 0 250 500 750 1000m 30-50 20-30 E47/3181 490,000X GRE/ARV JV rock chips 0.55% & 0.48% Li₂0 N A 492,500X 495,000X 10 RAIDEN RESOURCES 495,000X GRE/ARV JV rock chips 3.63% & 2.30% Li₂0 7,690,000Y 7,692,500Y#11Arrow Lithium Project (RDN 100%) Raiden has acquired 100% of Li-Cs-Ta mineral rights for the Arrow Project area (hold 100% of all mineral rights as well) Historic (2020) rock chipping and field observations confirmed that the Satirist Granite was a potential source rock for LCT bearing pegmatites, results included: 0.31% Li₂O - sample POS9 7,680,000Y 590,000X X000 Arrow Project (RDN 100%) MRC050-3m @ 1.36% Li₂O & 3m @ 0.84% Li₂O 0.19% Li₂O-sample POS33g Recent Morella Corporation (1MC) drilling 6 has confirmed numerous lithium bearing pegmatites adjacent to Raiden's tenure, significant results have included: 16.4m @ 1.24% Li₂O from 4.6m in hole M22_004_D 3m @ 1.37% Li₂O from 54m in hole MRC050 3m @ 1.32% Li₂O from 26m in hole MRC081 Mapping/sampling has defined outcropping pegmatites & Spodumene within the project area Soil results pending from Arrow North 7,670,000Y Arrow Project Legend Raiden tenement Morella Corp (1MC) tenement Mapped Pegmatite Zone - RDN Interpreted Pegmatite (satellite analysis) Historic Rock Chip sample (>0.09% Li₂0) Recent 1MC Drilling Results Mapped Pegmatite - 1MC Granites RAIDEN RESOURCES Rock Chip samples POS9-0.31% Li₂O POS33g-0.19% Li₂O 610,000X RAIDEN RESOURCES INVESTOR PRESENTATION $10,000X 620,000X 620,000X RAIDEN RESOURCES MRC081-3m @ 1.32% Li₂O Rock Chip sample POS31-0.09% Li₂O 3000 630,000X 7,680,000Y 7,670,000Y 7,660,000Y N 6000m 11 630,000X#12Arrow Lithium Project - Pegmatite/Spodumene confirmation 11 (RDN 100%) RAIDEN RESOURCES R22038 RAIDEN RESOURCES INVESTOR PRESENTATION R22046 Sample R22046 10 cm Sample R22064 R22064 10 cm Sample R22037 R22037 10 cm R22049 Sample R22049 10 cm Arrow project outcrop samples under Ultraviolet light* * In relation to the disclosure of visual mineralisation, the Company cautions that visual estimates of spodumene material abundance should never be considered a proxy or substitute for laboratory analysis. Laboratory assay results are required to determine the type and grade of the visible mineralisation reported in geological field mapping described in this announcement. The Company will update the market when laboratory analytical results become available. 12#13Investment Highlights Planning a drilling program on Andover South project with defined large pegmatite targets Work under way to define pegmatite target areas on Mt Sholl, Andover North and Arrow projects Undertaking strategic review to commercialise all projects and create upside potential for shareholders; Arrow gold project (35km along strike to Hemi) Advancement of Mt Sholl Ni-Cu-PGE deposit Commercialisation of remaining European assets RAIDEN RESOURCES INVESTOR PRESENTATION R21597 RAIDEN RESOURCES 13#14STRATEGIC DIVESTMENTS & PARTNERSHIPS PORTFOLIO RAIDEN RESOURCES INVESTOR PRESENTATION RAIDEN RESOURCES 14#15Mt Sholl - Maiden JORC Resource (RDN 80-100%) 487,500mE Classification Tonnes Ni Mt Cu Co 3E1 Ni Metal % % ppm g/t kt Cu Metal kt 3E (Pd, Pt, Au) N OZ Open Pit kilometre MGA Z51 " Indicated 10.5 0.39 0.45 134 0.32 41.0 47.3 108,031 Inferred 9.8 0.29 0.32 78 0.32 28.4 31.3 100,715 Total 20.3 0.34 0.39 107 0.32 69.34 78.6 208,745 -7,687,500mN Underground Inferred 3.1 0.48 0.47 57 0.25 14.9 14.6 24,898 Total Resource7 - 23.4Mt @ 0.6% Ni_Eq or 1.54% Cu_Eq (at 0.35% Ni_Eq cut-off), OR 40Mt @ 0.45% Ni_Eq or 1.17% Cu_Eq (at 0.15% Ni_Eq cut-off) High-grade resource of 5.8Mt @ 0.94% Ni_Eq / 2.48% Cu_Eq (at 0.70% Ni_Eq cut-off) 7 - 7,685,000mN Potential for grade improvements through further drilling: Indicated (40m drill spacing) vs Inferred (100m drill spacing) category grade comparison B2 B1. 490,000mE 492,500mE RAIDEN RESOURCES 5.1km Prospective Contact Kudos 3.5km Prospective Contact A1 29km Prospective Contact 7,685,000mN- - 7,682,500mN • 487,500mE 490,000mE RAIDEN RESOURCES Mt Sholl Ni-Cu-PGE Project Legend Raiden Tenement - 100% Raiden Tenement - 80% Historical Drilling Pit Shells Block Model NiEq Grades 0.30 0.50 0.50 0.70 >0.70 Geology Dolerite Dyke Basalt Felsic intermediate volcanics Gabbro (minor dolerite) Gneiss/Mylonite }Ultramafic Only 40% of prospective strike drill tested to date (potential near surface mineralisation defined and remains undrilled) Depth extents to be defined / closed off (all deposits open at depth) • 26% increase in Nickel grade in Indicated category . 29% increase in Copper grade in Indicated category • 42% increase in Cobalt grade in Indicated category B1 test mining pit (~10 x 15m drill spacing) = 128Kt @ 0.55% Ni; 0.9% Cu; 0.6g/t Pd • (1.0% Ni_Eq or 2.47% Cu_Eq) RAIDEN RESOURCES INVESTOR PRESENTATION 15#16Mt Sholl - JORC Exploration Target Joine RAIDEN RESOURCES OPEN-15° dip ➤ JORC Exploration target*: 80-150Mt @ a grade range of 0.45 - 0.75% Ni Eq or 1.15 – 1.95% Cu Eq) ▼ - Exploration target is based on geological extensions of target units to depth and along strike; magnetic, VTEM and EM anomalies defined over the project area Mineralisation is hosted within a 40-50m wide contact zone between the underlying basalts and overlying gabbro-dolerite & pyroxenites. The contacts are interpreted to dip at a shallow (15-20 degree) angle Majority of the prospective >11km strike has not been drill tested - Magnetic and VTEM surveys indicate "look-alike" anomalism along almost entire 10km strike length strong potential for further near surface mineralisation Mineralisation has been intercepted up to 600 metres down dip & remains open to depth - potential for a very large target area (+1.5km dip extents) & potential for definition of significant further mineralisation Majority of current drilling is within upper 100 metres Only ~6% of modelled potential contact zone drilled to date *The potential quantity and grade of this exploration target is conceptual in nature, there is currently insufficient exploration completed to support a mineral resource of this size and it is uncertain whether continued exploration will result in the estimation of a JORC resource. The Exploration Target has been prepared in accordance with the JORC Code (2012). RAIDEN RESOURCES INVESTOR PRESENTATION Basalt basement Ultramafic mineralised contact/host L OPEN-8° plunge 3.5km Prospective Contact -- 2.6km Drilled.strike 2023 Mineral Resource 2.9km Prospective -Contaet- 600m Drilled strike extent OPEN 2023 Mineral Resource B2 Deposit OPEN A1 Deposit OPEN to depth B1 Deposit B2 Deposit B1 Deposit 16#17Mt Sholl – Near-term targets & resource extensions - SSW 2022 drilling campaign9 - B2 long section (Northern extent, Cu_Eq grades) A B2RC24 B2RC23 22B2DD003 Surface Oxidised Fresh 50m RL Basalt SD391 22B2DD002 06B2DD065 B2RC21 B2RC20 Northern extent of B2 deposit defined by high grade and wide intercepts at shallow depths Historical feasibility study for a starter open pit indicated positive results Development mothballed with the closure of the Radio Hill mine & declining Ni prices 11.8m @ 2.54% Cu_Eq from 34.2m 18.65m @2.45% Cu_Eq from 31m Gabbro/Dolerite 23m @ 4.22% Cu_Eq from 23m 19.58m @ 3.17% Cu_Eq from 31.92m 19m @ 2.82% Cu_Eq from 33m 22m @ 2.94% Cu_Eq from 30m 17m @ 2.10% Cu_Eq from 32m - Om RL 60m Basalt 80m RAIDEN RESOURCES INVESTOR PRESENTATION RAIDEN RESOURCES Mt Sholl Ni-Cu-PGE Project B2 DEPOSIT Longitudinal Projection 40 55m 72m 60m metres LEGEND Drilling • Recent Drilling Historic Drilling Geology Oxidised Gabbro/Dolerite Basalt 22m @ 2.87% Cu_Eq from 41m SB2RC001 SP397 85.25m 24.5m @ 2.33% Cu_Eq from 43m (Off Section) 72m *Depicted intercepts represent most significant grades within larger intercept widths RAIDEN RESOURCES NNE A' 71SD3 22B2DD001 71SD2 7m @ 0.88% Cu_Eq from 33.5m 14m @ 3.71% Cu_Eq from 44m 4.6m @ 10.26% Cu_Eq from 62.2m DigiMaps RDń22020 17 Om RL- SBRC004 B2RC14 50m RL-#18| 7,695, CODY Arrow Project (100% RDN) - Geological analogue to ASX:DEG Hemi Deposit | 7 690.000 7,685,coal Arrow Project RDN 100% 35km/ | 7,675,CODY 7,670,000V 1,630,copy 7,655,00 Key: RDN Tenement Gold Prospects/Mining Centres 7.700000Y 7695.000 7690.000 7685 000Y Hemi 8.5Moz De Grey Mining DODY 7675.000Y 7,670,000 7665.000 7,660,000 7.655.000 76500DOY 2000 0 2000 4000 6000/8000 RAIDEN RESOURCES Arrow Hemi Comparison - ✓ 35km Along Strike Of Hemi Deposit Hosted within Malina formation ✓ Associated with Wohler shear Defined by multi-kilometre (Au-As-Sb) geochemical anomalies ✓ Altered metasediments and associated Indee quartz diorite intrusions ✓ Near-term drill targets ✓ Strategic project in emerging Tier 1 gold camp RAIDEN RESOURCES INVESTOR PRESENTATION 18#19Vuzel Project (Bulgaria) - Epithermal Gold Discovery OVERVIEW⁹ Epithermal gold discovery defined by drilling & channel sampling. Raiden has option to buy out 100% of the project for A$400k (26.5km²) or earn into 90% by defining a JORC resource Significant potential for a near surface high-grade gold system. Geochemistry, trenching, rock sampling & 1st pass drilling completed. All 11 drill holes intersected significant near-surface gold mineralisation, with peak values up to 5.27 g/t Au. Results indicate potential extensions of the substantial gold zone along strike. Follow-up drill program to define extents of the mineralisation are in the planning stage Historic channel sampling results include: 45m @ 1.48 g/t Au and 63m @ 2.55 g/t Au, which includes 33m @ 3.42 g/t Au and 3m @ 15.46 (Line 1) 24m @ 2.79 g/t Au, which includes 6m @ 9.31 g/t Au (Trench 5) 66m @ 1 g/t Au (Trench 13) 99m @2.48 g/t Au, which includes 12m @ 11.78 g/t Au (Trench 51) 48m @ 4.96 g/t Au, which includes 24m @ 7.78 g/t Au and 6m @ 20.99 g/t Au (Trench 52) Significant drill intersections include: • 17m @ 1.13g/t Au from 1m in VZ2206, incl. 4.3m @ 2.19g/t Au and 1.2m @ 5.27g/t Au 10m @ 1.18g/t Au from 7.7m in VZ2201, incl. 3.9m @ 2.38g/t Au 8.8m @ 1.20g/t Au from 22.6m in VZ2209, incl. 1.3m @ 3.52g/t Au 8.5m @ 1.10g/t Au from 7.5m in VZ2203, incl. 2.2m @ 2.66g/t Au RAIDEN RESOURCES INVESTOR PRESENTATION 098619 4 619 500 Project Vuzel Au Target RAIDEN RESOURCES JDY BLU OPEN Au 1 1.8m at 1.20g/t Au 2.2m at 2.66gt Au 6.0m at 2.20g/t Au 3.9m at 2.38gt Au 4.4m at 2.16g/t Au ~500m strike length 17m at 1.13gt Au 1.2m at 5.27gt Au 1.9m at 1.77g/t Au 2.0m at 1.89g/t Au Au2 3.6m at 1.55g/t Au OPEN Legend O 2022 Drill Holes Alteration argillic pervasive silicification Faults +0.1gt Au -Section Line 366 250 SW 46190m 366 750 367 000 3.9m at 2.38g/t Au 2.0m at 1.89g/t Au 200 VZ2202 VZ2201 100 100 4619 350m VZ2204 VZ2203 VZ2205 VZ2206 50 367 250 Auß N meters NE 17.0m at 1.13g/t Au including 1.2m at 5.27g/t Au 1.9m at 1.77g/t Au 2.2m at 2.66g/t Au -100 100 100 6.0m at 2.20g/t Au 30 700 815 300m 306 Drom Lithology Sandstone.... Conglomerate Faults Alteration Mineralisation +0.1 g/t Au 19#20BG1 Project (Bulgaria) - Drilled Porphyry Deposit OVERVIEW⁹ 100% Raiden - (19km²). Cu-Au porphyry deposit defined by historical drilling (historical resource defied through 28 drill holes). No exploration since the early 1970's. No modern application of geochemistry or geophysics Outcropping alteration suggests erosional level sitting above potassic zone Located in a mining district with excellent infrastructure (30km from operating mines and sole smelter in Bulgaria) Historic drilling intercepts include: . 150m @ 0.3% Cu (from 28m) including 90m @ 0.36% Cu • 135m @ 0.2 % Cu (from 18m) • Legend Quaternery Fauts TT Reverse faut Late Cretaceous Granodiorite porphyrites Subvolcanic des Syenodiorite porphyrites Subvolcanic dikes less than 5 m Early Cretaceous (Barma) Argites and stones Rivers Drill holes (in 1961-1974) 2.5m @ 15.4 g/t Au (from 289m) -Epithermal component? 25.8 @ 0.48 g/t Au (from 226m) Estimated erosional levels at current surface exposure • 40m @ 1.6 g/t Au (from 257) Unique opportunity Potentially a major porphyry-epithermal system in a key mining centre which has not been evaluated with modern exploration techniques or tools. Historical drilling indicates mineralisation is unconstrained and open on strike/depth RAIDEN RESOURCES INVESTOR PRESENTATION konite Unaltered Steam heated BESE Quartz akade Veggy residual quartz cification Decacao Osid Massive Intermediate arg C26 ESA C9 RAIDEN RESOURCES BG1 - Au g/t C18 CIRCIONS ОЙ C-3 C22 C20 Legend BG1 Augt ABSENT 10,0006 Resource Upside 10.006,0.11 10.10.3 10.3.11 ₤1,1000 C26 CSA C9 BG1 - Cu % Ca CIRC9 CCC22 C20 Propy bg1 dh (drilholes): Cu_pct (ABSENT) 10.0.025) Resource Upside 10425 0.06 0.05,0.15 20 Activate Go to Setti#21Value Generation & Discovery Upside RAIDEN RESOURCES August 2022 - Sale of 100% Myrnas Hill project (Aus) to ASX: AS2 in a stock/cash transaction (A$220k realised value) January 2023 - Option/Earn in over 75% of Zlatusha project (Bulgaria) to TSX-V: VLC for C$1m in cash and VLC stock staged payments. Velocity Minerals to drill 40,000 metres of drilling and publish a PEA for 75%. Raiden has ability to co-finance 25%, sell its interest or dilute to a 1% NSR - April 2023 Sale of Majdanpek West project (Serbia) to Konstantin Resources Ltd for A$15,000 cash; ongoing monthly project maintenance payments & A$300,000 in stock on completion of condition IPO. Raiden to retain up to a 1% NSR May 2023 - Yandicoogina (Aus) - Option/Sale to LW Resources for $160k stock/cash and a 10% free-carried position up to definition of a positive feasibility study August 2023 - Option/Earn into 75% of Kalabak project (Bulgaria) to TSX-V:VLC - Return of project guarantee funds, minimum drilling commitment and definition of MRE ONGOING NEGOTIATIONS & UPSIDE POTENTIAL ■ Arrow project (Aus) - Negotiations ongoing with multiple parties regarding potential transactions regarding gold potential ■ Mt Sholl (Aus) - Negotiations regarding potential strategic partnerships ■ Donje Nevlje project (Serbia) - ongoing discussions with external parties regarding sale / partnership over asset ■ Vuzel epithermal gold project (Bulgaria) – Plans to evaluate next steps after near-surface discovery/discussions on strategic partnerships - - ■BG1 porphyry project (Bulgaria) – Possible near term drill test off the back of historical drilling success. Potential for a large porphyry discovery RAIDEN RESOURCES INVESTOR PRESENTATION 21#22RAIDEN RESOURCES DUSKO LJUBOJEVIC (Managing Director) E: dusko@raiden resources.com.au A: Suite 7, 63 Shepperton Road, Victoria Park, WA AUS 6100 RIDEN#23RAIDEN RESOURCES JORC Code, 2012 Edition. Table 1 Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections) Criteria Sampling techniques • JORC Code explanation • • Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling. Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. Aspects of the determination of mineralisation that are Material to the Public Report. In cases where 'industry standard' work has been done this would be relatively simple (eg 'reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay'). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information. Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc). Drilling techniques • Drill sample recovery • Method of recording and assessing core and chip sample recoveries and results assessed. Logging . Measures taken to maximise sample recovery and ensure representative nature of the samples. Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material. Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography. Commentary • • Rock chip sampling taken opportunistically from pegmatite outcrop during a dedicated mapping and sampling program. Pegmatite was identified in outcrop. The rock chip samples were restricted to outcrop of potential pegmatitic rocks. Samples were dispatched to ALS Global Laboratories in Perth for analysis. In relation to this announcement no drilling has been conducted as yet and no drill assays are being reported In relation to this announcement no drilling sampling has been conducted as yet and no drill assays are being reported In relation to this announcement no drilling has been conducted as yet. • Rock chip samples were dispatched to ALS Global Laboratories in Perth for analysis using their ME_ICP89 & ME_MS91 techniques. • The laboratory reported the use of standards and blanks as part of the analyses for QA/QC. " • The total length and percentage of the relevant intersections logged. Sub-sampling techniques and sample preparation " If core, whether cut or sawn and whether quarter, half or all core taken. • If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. For all sample types, the nature, quality and appropriateness of the sample preparation technique. • Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples. Measures taken to ensure that the sampling is representative of the in-situ material collected, including for instance results for field duplicate/second-half sampling. • • Whether sample sizes are appropriate to the grain size of the material being sampled. Quality of assay data and laboratory tests • The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. • Verification of sampling and assaying • The samples were opportunistic in nature and taken from in-situ outcrop. Samples were approximately 1.6kg to 3.4kg in weight. The samples were considered generally representative of the outcrop being sampled Rock chip samples were dispatched to ALS Global Laboratories in Perth for analysis using their ME_ICP89 & ME_MS91 techniques. The laboratory reported the use of standards and blanks as part of the analyses for QA/QC. For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established. The verification of significant intersections by either independent or alternative company personnel. The use of twinned holes. Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols. • • No standards or blanks were submitted by the company All significant assay results have been verified against the results reported by ALS Global Perth by two experienced company personnel. All primary data has been uploaded into the company's data storage with standard data entry protocols checked and verified by two experienced RAIDEN RESOURCES INVESTOR PRESENTATION 23#24RAIDEN RESOURCES Criteria Location of data points JORC Code explanation Discuss any adjustment to assay data. Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation. Specification of the grid system used. Quality and adequacy of topographic control. Data spacing and distribution • Data spacing for reporting of Exploration Results. • Orientation of data in relation to geological structure Sample security Audits or reviews Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied. Whether sample compositing has been applied. • Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type. • If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material. The measures taken to ensure sample security. The results of any audits or reviews of sampling techniques and data. Commentary • company personnel. Sample points were determined by hand held GPS which is considered appropriate for the reconnaissance nature of the sampling. Co-ordinates are provided in the Geocentric Datum of Australia (GDA94) Zone 50. Not applicable due to the reconnaissance nature of the sampling. No attempt has been made to demonstrate geological or grade continuity between sample points. Not applicable For the current sampling program the sample chain of custody is managed by Raiden. All samples were collected in the field at the project site in number-coded calico bags/secure labelled polyweave sacks by Raiden's geological and field personnel. All samples were delivered directly to the associated carrier, RGR Road Haulage, by Raiden personnel before being transported to the ALS laboratory in Perth WA for final analysis. No review of the sampling techniques has been undertaken. Section 2 Reporting of Exploration Results JORC Code explanation Criteria Mineral tenement and land tenure status • Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. • • The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area. Exploration done by other parties • Acknowledgment and appraisal of exploration by other parties. Geology Deposit type, geological setting and style of mineralisation. RAIDEN RESOURCES INVESTOR PRESENTATION Commentary • • Raiden Resources Ltd tenements are located in the City of Karratha, within the Pilbara region of Western Australia. Refer to Appendix 1, Tenement Schedule Tenements E47/4061, E47/4063, and E47/3849 are granted tenure while E47/4062 and P47/2028 are in the application stage. Tenements are located on the Mt Welcome pastoral lease. Raiden is not aware of any existing impediments nor of any potential impediments which may impact ongoing exploration and development activities at the project sites, with the exception of E47/3849 which Raiden notes is currently subject to an Application for Forfeiture but on which expenditure commitments have been well met every year since grant. A search and compilation of historic exploration has been completed. Work included stream sediment, soil and rock sampling, geological mapping, and geophysical surveys. • Potential for lithium-caesium-tantalum bearing pegmatite mineralisation. • Andover Project geological setting - previous explorers considered the area to be part of the Ruth Well Formation (Mafic and ultramafic volcanic and intrusive rocks; minor chert; metamorphosed), however a recent interpretation by the company shows that the rocks of the Andover Intrusion/Complex (Archean-age mafic-ultramafic intrusion) extend under cover 24 24#25Criteria JORC Code explanation Drill hole Information • Data aggregation methods A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: ० easting and northing of the drill hole collar О elevation or RL (Reduced Level - elevation above sea level in metres) of the drill hole collar dip and azimuth of the hole о down hole length and interception depth RAIDEN RESOURCES Commentary further to the north than previously suggested. It is further interpretated that the source of mineralising fluids for the lithium pegmatites are sourced from nearby felsic intrusive bodies, these being the Black Hill Well Monzogranite for the Andover Project area. • Not applicable . о hole length. If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case. In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated. Where aggregate intercepts incorporate short lengths of high-grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail. • Not applicable • The assumptions used for any reporting of metal equivalent values should be clearly stated. Relationship between • These relationships are particularly important in the reporting of Exploration Results. • Not applicable mineralisation widths and intercept lengths • If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported. Diagrams Balanced reporting Other substantive exploration data Further work • • • . If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg 'down hole length, true width not known'). Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include, but not be limited to a plan view of drill hole collar locations and appropriate sectional views. Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results. Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples - size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances. The nature and scale of planned further work (eg tests for lateral extensions or depth extensions or large-scale step-out drilling). Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive. RAIDEN RESOURCES INVESTOR PRESENTATION • Maps are included in the body of the announcement. • All reported results from other companies are as they have been released to the ASX and are referenced at the end of this announcement. • • • This announcement discusses the findings of recent reconnaissance sampling and associated assays. The underlying aeromagnetic data that forms the basis for reinterpretation of the Andover Complex rocks, as described in the body of previous announcements by Raiden, was sourced from open file GSWA data available through the MAGIX system at: https://geodownloads.dmp.wa.gov.au/downloads/geophysics/72204/WA_Magnetics 40m/ Raiden are currently planning further detailed mapping/sampling programs to further assess the potential for lithium-bearing pegmatites over its Andover Project to assist in drill planning. 25 25