Valiant Gold Limited · ASX:VAL
Valiant Gold — Investor Presentation (October 2026)
19 slides from Valiant Gold's investor presentation, Oct 29, 2026
Slide 1: Fast Track to Gold Production
Valiant Gold | Investor Presentation October 2026 rsonal use only FAST TRACK TO GOLD PRODUCTION Funded. Executing. Growing. Brendan Tritton Managing Director & CEO ASX: VAL October 2026 ASX:VAL 1
Slide 2: Important Notes & Disclaimer
Important Notes & Disclaimer Valiant Gold | Investor Presentation October 2026 This presentation has been prepared by Valiant Gold Limited (ACN 691 820 532) (Valiant or the Company) for The Company confirms that it is not aware of any new information or data that materially affects the information t
Slide 3: Corporate Overview
Corporate Overview Valiant Gold | Investor Presentation October 2026 FUNDED RESTART. SUPPORTIVE REGISTER. rsonal use only SIGNIFICANT OWNERSHIP¹ CAPITALISATION² Westgold Resources 44.4% Shares on issue 540.0m Share price $0.245 Franklin Resources 5.1% Market cap $132.3m Enterprise value $69.8m $62.5
Slide 4: Board & Management
Board & Management A Board and management team with the operational, technical, financial and governance experience required to advance mine restart and resource growth programs in Western Australia. Valiant Gold | Investor Presentation October 2026 rsonal use only Derek La Ferla Brendan Tritton Sim
Slide 5: Funded Pathway to Production and Resource Growth
Funded Pathway to Production and Resource Growth Valiant Gold | Investor Presentation October 2026 FUNDED TO ADVANCE COMET RESTART $62.5m cash at 30 September 2026, with no debt rsonal use only ESTABLISHED 1.2MOZ RESOURCE BASE 15.6Mt at 2.4g/t Au for 1.2Moz, including 465koz in Measured and Indicate
Slide 6: Comet: The First Restart
Comet Valiant Gold | Investor Presentation October 2026 The First Restart 100%-owned brownfields gold project rsonal use only Last operated by Westgold in FY23 Existing Mining Leases and underground development 14km by road from the Tuckabianna Mill Ore Purchase Agreement provides an established pro
Slide 7: Comet Restart: Key Steps to First Production
Comet Restart Permanent power and Valiant Gold | Investor Presentation October 2026 Key Steps to First Production pumping commissioned Restart Study and rsonal use only preliminary mining schedule completed Mining and drilling contractors mobilised Grade-control and Resource-definition drilling comm
Slide 8: Comet Near-Mine Resource Growth Targets
Comet Valiant Gold | Investor Presentation October 2026 Near-Mine Resource Growth Targets rsonal use only Multiple targets remain to be tested along the established Comet–Pinnacles mine trend. Down-dip extensions below Comet and Pinnacles Southern extension of the Pinnacles trend Comet–Comet North g
Slide 9: Reedy: The Next Development Opportunity
Reedy The Next Development Valiant Gold | Investor Presentation October 2026 Opportunity rsonal use only 890koz Brownfields Platform with Two Development Pathways South Emu–Triton: high-grade future underground restart opportunity (Last operated in FY23) Boomerang: open-pit and underground growth op
Slide 10: Reedy: South Emu - Triton
Reedy Valiant Gold | Investor Presentation October 2026 South Emu - Triton rsonal use only Dewatering planning to commence in Q2 FY27 Mine engineering and dewatering studies planned Existing underground workings provide a brownfields foundation Recent drilling provides new data for future mine plann
Slide 11: South Emu - Triton: Drilling Strengthens the Future Restart Case
Reedy Valiant Gold | Investor Presentation October 2026 South Emu - Triton rsonal use only Drilling Strengthens the Future Restart Case Maiden drilling confirms mineralisation below the existing Resource Mineralisation extends up to approximately 400m below the MRE System remains open down-dip and a
Slide 12: Reedy: Boomerang
Reedy Valiant Gold | Investor Presentation October 2026 Boomerang rsonal use only A Large Resource with Multiple Development Pathways Largest single Resource within the Reedy Project 367koz existing open-pit and underground MRE Granted Mining Lease and existing workings Potential open-pit and future
Slide 13: Boomerang: Drilling Builds a Development Case
Reedy Valiant Gold | Investor Presentation October 2026 Boomerang Drilling Builds a Development Case rsonal use only Significant intercepts within the existing Resource footprint support an extended drill program Results support interpreted continuity and build Resource confidence Phase two targets
Slide 14: Ore Purchase Agreement: Capital-Efficient Pathway to Production
Ore Purchase Agreement Valiant Gold | Investor Presentation October 2026 Capital-Efficient Pathway to Production rsonal use only PROCESSING PATHWAY LOWER CAPITAL PATHWAY Access to established Westgold processing No standalone processing plant required. infrastructure. 15–50KT PER MONTH PORTFOLIO FLE
Slide 15: Execution Roadmap
Execution Roadmap Valiant Gold | Investor Presentation October 2026 Comet restart and portfolio growth program Reedy Comet rsonal use only FY27 FY28 ACTIVITY / DELIVERABLE Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Dewatering commenced Reedy definition, extension and growth drilling Comet definition, extension and gro
Slide 16: Why Valiant?
Why Valiant? Valiant Gold | Investor Presentation October 2026 Funded Restart | Established Resource | Multiple Growth Pathways rsonal use only FUNDED PATHWAY TO PRODUCTION CAPITAL-EFFICIENT PROCESSING Comet funded to first production, targeted Established processing pathway with no for H2 FY27. sta
Slide 17: Investor Contact
Valiant Gold | Investor Presentation October 2026 rsonal use only Investor Contact Stay Connected Contact Valiant to arrange a meeting or request further information. Brendan Tritton Managing Director & CEO, Valiant Gold (08) 6373 8900 [email protected] ASX: VAL www.valiantgold.com.a
Slide 18: Appendix: Reference Materials
Valiant Gold | Investor Presentation October 2026 ASX: VAL 18 Reference Materials Appendix rsonal use only
Slide 19: Mineral Resource Estimate
Appendix 1 Valiant Gold | Investor Presentation October 2026 Mineral Resource Estimate Measured Indicated Inferred Total rsonal use only Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Comet Comet 151,971 3.54 17,296 248,294 3.63 28,978 262,580 2.99 25,242 662,845 3.3