Investor Presentaiton

MT CHALMERS PROJECT OVERVIEW • Located 17km North-East of Rockhampton, Queensland. QMines owns 100% of the project that comprises 198km². Includes the historic Mt Chalmers copper-gold mine. EXISTING RESOURCE Inferred Resource (JORC 2012) of 3.9Mt @ 1.15% Cu, 0.81g/t Au and 8.4g/t Ag.1.2 • This equates to a Copper Equivalent Resource of 73,000t Cu @ 1.87%.* -23°15'S EPM 27697 Yeppoon Railway 150°45'E Mount Chalmers Queensland Rockhampton Brisbane- Parkhurst Fault JIM CROWE BASIN Tungamull Fault EPM 27726 Kays Mount Chalmers Mine Woods Shaft New Zealand Gully Goldfield Disused EPM 25935 Mount Wheeler Goldfield Constitutional Hill Goldfield Annie-Cawarral Goldfield Mount Warminster Botos Keppel Sands ROCKHAMPTON EPM 27726 Cawarral Gold Trend Curlew Hill EPM 27428 EXPLORATION TARGETS** Three Exploration Targets at Woods Shaft, Botos and Mt Warminster. The Exploration Targets have been generated from surface mapping and historic drilling data. * Metals price assumptions for copper equivalent estimates are US$6,655/t Cu, US$1,900/oz Au and US$25/t Ag. Exchange rate is AUD$0.70. Assumed metallurgical recoveries of 90% for gold and 50% for silver. ** Exploration Targets are reported in accordance with the JORC 2012 Code & Guidelines. Quaternary Alluvium Mount Hediow Trachyte Allons Downs Basalt Gabbro and Diorite Elirott Rhyolite Sleipner Andesite Chalmers Fm sedimentary & volcanic Rockhampton Gp-sedimentary 10km Fitzrov CASUARINA BASIN Curtis Island Gp-sedimentary Cawarral Sepentinite Belt Undifferentiated other units QMines Tenement Granted QMines Tenement Application Major Faults Approximate limit of basin Historic gold, silver, copper or zinc mine/prospect Thompsons Point River QMINES MINERAL RESOURCES Mt Chalmers Project Tenure, Geology and Infrastructure QM005 2/02/21 Mt Chalmers Tenure, Geology, Infrastructure & Location. QMINES DEVELOPING MINERAL RESOURCES 6

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