Investor Presentaiton

- Mt Porter gold deposit – Newly Acquired MLS Gold deposit <50 km by existing road SE of Fountain Head 8m @ 8.38 g/t Au from 54 m (MPRC089) 13m @ 3.53 g/t Au from 71 m (MPRC248) Mineral Resource outline Drill holes by company Ark Mines (2017) Arafura Resources (2003-06) Homestake (1996-97) Renison Goldfields/ Pine Creek Gold (prior to 1994) 9m @ 1.55 g/t Au from 2 m (MPOP037) ML23839 MGA94, Zone 52 0 250 500 750 1,000 m Location map of the Mt Porter ML showing MRE outline and historic drilling 1. Refer ASX Announcement 28 September 2022 for further details including JORC tables PNZ METALS 8492000 • 8491000 8490000 • • • • . Acquisition consistent with PNX's strategy to: . . consolidate nearby mineral resources to support the proposed Project development, and have significant exploration upside Updated MRE 681,000 † @ 2.2 g/t Au for 48,200 oz Au (Indicated & Inferred)] Strong exploration over 1.2 km strike. Numerous high-grade intercepts identified. outside the current resource boundary •13 m @ 3.53 g/t Au from 71 m (MPRC248) - 20m west of current resource • 8 m @ 8.38 g/t Au from 54 m (MPRC089) - Mt Porter North • 9 m @ 1.55 g/t Au from 2 m (MPOP037) - Mt Porter South Conditions Precedent to be satisfied by 31 Mar' 23 with Completion thereafter • MMP updated and exploration during '23 field. season 22

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