Venture Minerals : Paydirt Battery Minerals Conference Presentation April 2022

Disclaimer and Competent Persons Statement

FORWARD LOOKING STATEMENT

• ▪ This presentation may contain certain forward-looking statements and projections regarding: estimated, resources and reserves; planned production and operating costs profiles; planned capital requirements; and planned strategies and corporate objectives.

• ▪ Such forward-looking statements/projections are estimates for discussion purposes only and should not be relied upon. They are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors many of which are beyond the control of Venture Minerals Limited. The forward-looking statements/projections are inherently uncertain and may therefore differ materially from results ultimately achieved;

• ▪ Venture Minerals Limited does not make any representations and provides no warranties concerning the accuracy of the projections, and disclaims any obligation to update or revise any forward-looking statements/projects based on new information, future events or otherwise except to the extent required by applicable laws;

COMPETENT PERSONS STATEMENT

• ▪ The information in this report that relates to Exploration Results, Exploration Targets and Minerals Resources is based on information compiled by Mr Andrew Radonjic, a fulltime employee of the company and who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Andrew Radonjic has sufficient experience which is relevant to the style of mineralisation and type of deposits 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 Andrew Radonjic consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

• ▪ The information in this report that relates to Mineral Resources for the Mount Lindsay and Livingstone Projects is based on information compiled by Mr Andrew Radonjic, a fulltime employee of the company and who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Andrew Radonjic has sufficient experience which is relevant to the style of mineralisation and type of deposits under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 and 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Andrew Radonjic consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. This information was prepared and first disclosed under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was last reported.

• ▪ The information in this report that relates to Ore Reserves is based on information compiled by Mr Peter George, who is a Member of the Australasian Institute of Mining and Metallurgy. Mr George is an independent consultant. Mr George has sufficient experience which is relevant to the style of mineralisation and type of deposits 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 George consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

NO NEW INFORMATION OR DATA

• ▪ All material assumptions and technical parameters underpinning the Minerals Resource and Reserve estimate referred to in previous ASX announcements continue to apply and have not materially changed since last reported. The company is not aware of any new information or data that materially affects the information included in the announcement.

Highlights

• • Mount Lindsay Tin-Tungsten Underground Feasibility Study commenced, experienced Study Manager engaged, leveraging off previous open-pit study which included >100,000m of diamond core drilling;

• • Recommenced Tin Exploration at Mount Lindsay leading to the discovery of two new mineralised Skarns, Venture is actively exploring for the next new Tin discovery;

• • Chalice has defined 11 new EM anomalies on 'Julimar lookalike' target (as defined by Chalice) at the South West Nickel-Copper-PGE Project and drill testing has commenced;

• • Riley Iron Ore Mine prepared for a quick restart should the market conditions become favourable;

• • Downhole EM delineates large conductor under High Grade Zinc-Copper-Gold drill intersections at Golden Grove North;

• • Ni-Cu-PGE portfolio significantly expanded through the recent acquisition of highly prospective tenure at the Kulin Project, effectively doubling Venture's Ni-Cu-PGE portfolio.

Shares on issue

Share price

Unlisted options1

Market capitalizationCash balance (31 Dec 2021)Debt (31 Dec 2021)Enterprise value

1.

1,669m

45.9m 118.5m

109.3m

7m @ A$0.001, 13.5m @ A$0.052, 19.9m @ A$0.06, 1m @ A$0.45, 2m @ A$0.50, 2.5m @ A$0.55

7.1c

9.2m

0.0m

Elphinstone Holdings Pty LtdRepublic Investment Management Pte Ltd

WGS Pty Ltd

Share Price (A$)

0.20

0.15

0.10

0.05

0.00

200%

Mar-21

Volume

Tin Price (US$/t)

16.9

3.15

2.88 2.40

180%

160%

140%

120%

100%

80%

Apr-21

Share Price and Volume

Jun-21

Sep-21

Price

Volume (Millions)

200

180

160

140

120

100

80

60

40

20

0

Mar-22

Jul-21

Oct-21

Jan-22

Apr-22

A dedicated management team with a wealth of experience and credited with a number of discoveries both in Australia and internationally

• ▪ Chairman of Venture Minerals Limited;

• ▪ Over 40 years experience as a Chartered Accountant, specialising in Corporate Restructuring & Finance and as a Professional Company Director;

• ▪ Held executive directorships with a number of successful ASX listed companies.

• ▪ Mine Geologist and Mineral Economist;

• ▪ >35 years experience with a focus on gold and nickel in the Eastern Goldfields of Western Australia;

• ▪ Instrumental in three significant gold discoveries north of Kalgoorlie that led to the pouring of over 1.5 million ounces;

• ▪ Co-lead the exploration team during the discovery of the Mount Lindsay Tin-Tungsten-Magnetite deposits, Tasmania;

• ▪ Held Managing Director role at Nickelore Limited;

• ▪ Co-founded Blackstone Minerals Limited.

• ▪ BSc & PhD in Geology, member of the AIG and over 25 years of experience in mineral exploration which included gold and nickel;

• ▪ Senior Geologist in the exploration team that discovered and delineated the Paulsens Gold Deposit in the Ashburton region of WA;

  Exploration Manager in the Adamus team that discovered and delineated the Southern Ashanti Gold Deposits, Ghana;

• ▪ Exploration Manager for Venture during the discovery of the Mt Lindsay Tin-Tungsten-Magnetite deposits, Tasmania.

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