Announcement PDF ASX:CRI JUPITER RISING RIU EXPLORERS CONFERENCE | FEBRUARY 2025 DISCLAIMER This Presentation (Presentation) has been prepared by Critica Minerals Limited (CRI or the Company) and is authorised by the Board of CRI. The information contained in this Presentation is a professional opinion only. Certain information in this Presentation has been derived from third parties and though CRI has no reason to believe that it is not accurate, reliable or complete, it has not been independently audited or verified by CRI. This Presentation contains general and background information about CRI’s current activities as at the date of this Presentation and should not be considered to be comprehensive or to comprise of all the information that an investor should consider when making an investment decision. CRI is not responsible for providing updated information and assumes no responsibility to do so. Recipients should conduct their own investigations and perform their own analysis of the information, statements and opinions contained and this Presentation should be read in conjunction with CRI’s other periodic and continuous disclosure announcements lodged with the ASX. Any forward-looking statements and forward-looking information included in this Presentation involve subjective judgment and analysis and are subject to uncertainties, risks and contingencies, many of which are outside the control of, and may be unknown to, CRI. In particular, they speak only as of the date of this Presentation, they assume the success of CRI’s 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 forward-looking information and the assumptions on which they are based. Recipients of this Presentation are cautioned to not place undue reliance on such forward-looking statements and forward-looking information. Authorised by the Board of Critica Minerals Limited This Presentation is for information purposes only. Neither this nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of CRI shares in any jurisdiction. This Presentation is not investment advice or a recommendation to acquire CRI securities and has been prepared without taking into account the recipient's investment objectives, financial circumstances or particular needs.. Recipients should seek professional advice before deciding if an investment is appropriate. All securities transactions involve risks, which include (among others) the risk of adverse or unanticipated market, financial or political developments. To the fullest extent permitted by law, CRI, its officers, employees, related bodies corporate, agents and advisers expressly disclaim, to the maximum extent permitted by law, all liabilities (however caused, including negligence) in respect of, make no representations regarding, and take no responsibility for, any part of this Presentation and make no representation or warranty as to the currency, accuracy, reliability or completeness of any information, statements, opinions, conclusions or representations contained in this Presentation. No responsibility for any errors or omissions from this arising out of negligence or otherwise is accepted. ASX:CRI www.critica.limited 2 COMPETENT PERSONS STATEMENT The information in this report that relates to exploration results including geology interpretation, data preparation and data quality is based on work compiled by Dr. Stuart Owen who is a Member of the Australian Institute of Geoscientists. Dr. Owen is a permanent employee of Critica Limited and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC code). Dr. Owen consents to the inclusion in the report of the matters based on his information in the form and context in which they appear. 11 February 2025 – Jupiter Maiden Resource – Australia’ Largest Clay Hosted This Presentation refers to Critica's mineral resource estimate at the Jupiter Project. The information in this Presentation that relates to that mineral resource estimate has been extracted from Critica's previous ASX announcement entitled Jupiter Maiden Resourcce – Australia’s Largest Clay Hosted which Critica announced to the ASX on 11 February 20225 2025. A copy of that announcement is available at www.asx.com.au or at www.critica.limited. 2 August 2024 - New Drill Program to Target High Grade Zones at Jupiter The information in this report that relates to Mineral Resources for the Mount Lindsay Projects is based on information compiled by Dr. Stuart Owen who is a Member of the Australian Institute of Geoscientists. Dr. Owen is a permanent employee of Critica Limited. Dr Owen 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’. Dr Stuart Owen 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. Critica confirms that it is not aware of any new information or data that materially affects the information included in that announcement and, in relation to the estimate of the mineral resource, confirms that all material assumptions and technical parameters underpinning the estimate in that announcement continue to apply and have not materially changed. The Competent Person in relation to the mineral resource estimate in that announcement was Rodney Brown. Critica confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from that announcement. ASX:CRI www.critica.limited 23 January 2025 – Frist Pass Metallurgical Testwork Delivers 830% REE Upgrade 27 November 2024 - Excellent High Grade Continuity at Jupiter and Mineral resource estimate underway 6 November 2024 - Best Intersection – 67m @3,074ppm TREO from Latest Jupiter Drilling –17 October 2024 - Multiple Rare Earth Discoveries Near Jupiter 17 September 2024 - New Rare Earth Discovery Jupiter Satellite 20 August 2024 - Metallurgical Program Update at Jupiter 17 July 2024 - Another Record Drilling Result – 57m @ 3,430ppm TREO 17 June 2024 - Best Drill Intersection to date – 58m @ 2,723ppm TREO 5 June 2024 - 8m @ 5,716ppm TREO- Jupiter Drilling Continues to Outperform 23 May 2024 - Drilling Delivers More Record REE Intersections at Jupiter 23 May 2024 - Jupiter-more outstanding REE hits up to 60 m over 2000 ppm 22 March 2024 - Strategic Acquisition Adjacent to Jupiter REE Discovery 15 March 2024 - 300 Drillhole Program Commences at Jupiter 8 March 2024 - Jupiter Continues to Deliver with Record NdPr over 5,000 ppm 9 February 2024 - Jupiter delivers record drill hit of 48 m @ 3,025 ppm TREO 29 November 2023 - Jupiter Delivers over 7,000 ppm TREO from Maiden RC Drilling 9 November 2023 - Massive new REE Target at Brothers with up to 3,969 ppm TREO 1 August 2023 - VMS makes High Grade clay hosted REE discover at Brothers 18 May 2023 - Venture set to drill at the Iron Duke High Grade REE Project 9 May 2023 - JV into Neighbouring REE project with 49m @ 1313ppm TREO 3 Australia’s Largest & Highest Grade Clay Hosted Rare Earth Resource Jupiter & Brothers Project 520 Mt @2,200 ppm TREO included in 1.8 Bt @ 1,700 ppm TREO 23% Magnet Rare Earth Oxides (MREO) with low in situ Thorium and Uranium Initial Metallurgy Successful 830% upgrade and 95% reduction in mass Established Mining Precinct in WA 250km East of Geraldton Port on Mt Magnet highway on crown pastoral leases Existing Power and transport infrastructure Significant Upside 5 satellite discoveries Critica is Well-Funded to advance comprehensive metallurgical testwork and drill test satellite targets and resource upgrade AUSTRALIA’S HIGHEST GRADE AND LARGEST CLAY HOSTED Refer to Appendix 1 for source data. ASX:CRI www.critica.limited 5 JUPITER HOLDS ITS OWN WITH BRAZILIAN CLAY HOSTED PROJECTS Refer to Appendix 1 for source data. ASX:CRI www.critica.limited 6 FOCUS ON BROTHERS & JUPITER’S ENORMOUS POTENTIAL Jupiter and Brothers Project Contained Total Rare Earth Oxides (TREO): • Global resource: 2,94 mt TREO • High grade resource: 1,13 mt TREO Contained Magnet Rare Earth Oxides (MREO Nd, Pr, Dy, Tb): • Global resource: 682 kt MREO • High grade resource: 260 kt MREO Inferred resource Refer to ASX release 11 February 2023. Mt Lindsay Tin Tungsten Project Granted Mining Lease 7M/2012 Contained metal: • 81,000t of Tin and • 3,200,000 mtu Tungsten Trioxide (WO3) Combined resource – Measured, Indicated & Inferred Refer to ASX release 17 October 2012 and Appendix 3. ASX:CRI www.critica.limited 7 SIGNIFICANT POTENTIAL Supported by Strategic Location Established Power and Transport Infrastructure ASX:CRI www.critica.limited 8 IDEAL OPERATING ENVIRONMENT • 100% Ownership • 1,627km2 of granted licences • Easy access all year round • Two minimally stocked pastoral leases cover Jupiter • Flat terrain with sparse vegetation • Standard heritage assessment undertaken – low risk area ASX:CRI www.critica.limited 9 JUPITER Flat, dry and accessible ASX:CRI www.critica.limited 10 JUPITER RISES AS A MAJOR DISCOVERY MADE BY CRITICA ASX:CRI www.critica.limited 11 REMARKABLE CONTINUITY • Low-cost exploration delivers high-grade intercepts • Drill spacing on priority targets closed down to minimum density of 250m x 250m • Single line of 50m x 50m drill spacing validates high grade continuity • High grade areas often host broad zones of mineralisation exceeding 3,000ppm TREO • +5,000ppm TREO zones discovered on the northern margin of Jupiter ASX:CRI www.critica.limited 12 AUSTRALIA’S LARGEST AND HIGHEST GRADE CLAY HOSTED RARE EARTH RESOURCE GLOBAL RESOURCE 1.8 Bt @ 1,700 ppm TREO (1,000 ppm Cut-off) Including HIGH GRADE RESOURCE 520 Mt @ 2,200 ppm TREO (1,800 ppm Cut-off) Consistently High Grade over 40km2 circa 40,000m of drilling completed for Maiden Resource ASX:CRI www.critica.limited 13 HIGH GRADE CONTINUITY OF TREO MINERALISATION 6m from Surface 50m x 50m drill spacing Circa 2kms long ASX:CRI www.critica.limited 14 UPSIDE WITH REGIONAL DISCOVERIES • Significant values of Dysprosium and Terbium • Up to 8m @ 4,256ppm TREO occur within broader zones of rare earth mineralisation • Up to 34% MREO suggests potential for high MREO/TREO ratio • Very Low Uranium & Thorium • Multiple high-grade zones of mineralisation intersected over 8km of strike • Drilling delivered a high success rate with substantial rare earth mineralisation occurring in multiple aircore holes over very broad spacing ASX:CRI www.critica.limited 15 MASTERING METALLURGY 830% upgrade 95% mass reduction Simple floatation at room temperature Seven composite samples – representative ASX: CRI STRONG STRATEGIC LEADERSHIP TIM LINDLEY MCom, BA, RMC-D, GAICD, FGIA Non-Executive Chair Tim is an experienced ASX board director and previous senior investment banker who brings a proven track record in resource company equity raising, project finance, debt, and M&A. During his 25-year executive career, he held several senior and executive roles in both Australia and internationally, including Country Head (Australia) of Barclays Bank and a Managing Director of Morgan Stanley (Australia). Tim is currently a Non-Executive Director of Deep Yellow Ltd (ASX: DYL), Serendis Pty Ltd, and the Wayside Chapel. He was previously a Non-Executive Director and Chair of the Audit and Risk Committee for Onsite Rentals Group Pty Ltd and Little Wings. Tim has a master’s degree in economics and finance, and a bachelor’s degree in history and economics, from the University of New South Wales. He is a Graduate of the Australian Institute of Company Directors (GAICD) and a Fellow of the Governance Institute of Australia (FGIA). Tim was also a Commissioned Officer graduate of the Royal Military College Duntroon and currently holds a commercial pilot’s license (MEA CIR, FIR G2) and actively flies as a volunteer pilot for the community service aeromedical charity Angel Flight. PHILIPPA Leggat BCom (Financial Management), BA (Jewellery, Gemmology), GAICD Managing Director Philippa is a mineral industry executive with over 20 years of experience in advancing domestic and international projects along the value chain. She has served as an executive director and advisor to ASX listed companies engaged in capital raising, exploration, development and project evaluation. She has a track record of negotiating value accretive project acquisitions and effectively communicating an organisation’s competitive advantages to raise its profile. In addition to her advisory work, Philippa previously served in ASX-listed companies as CEO of Comet Resources, Executive Director of Geopacific Resources and Non-Executive Director of Kula Gold, and Ensurance Ltd. She is currently a Non-Executive Director of Harena Resources, a private Australian company that is focused on developing a large Ionic Clay Rare Earths Project in Madagascar. Philippa holds bachelor degrees in Commerce (financial management) and Art (jewellery and gemmology). She is a graduate member of the Australian Institute of Company Directors. NICK Cernotta B.Eng (Mining) Non-Executive Director Nick is a mining engineer with 40 years’ experience in the mining industry, spanning various commodities and operations in Australia and in multiple jurisdictions overseas, including Africa, SouthEast Asia, Mongolia and Saudi Arabia to state a few. Nick has held senior executive roles with extensive operational experience in both the public and private sectors of the mineral resources industry. More notable roles, include Director of Operations at Fortescue Metals Group Ltd, Chief Operating Officer at MacMahon Contracting, Director of Operations at Barrick Gold and CEO of GBF Underground Mining Company. More current is Nick’s career as a professional Non-Executive Director, for ASX 50, ASX 100 and ASX 300 listed companies. The current portfolio of companies include established operations and grass roots developments for Nickel, Cobalt, Copper, Gold and Lithium. Nick is a Non-Executive Director of Pilbara Minerals Limited and Northern Star Resources, and Non-Executive Chair of Panoramic Resources. ASX:CRI www.critica.limited 17 STRONG CAPABILITY AND TECHNICAL EXPERTISE JAMIE Byrde BComm, CA CFO and Company Secretary Jamie has over 18 years’ experience in corporate, financial, governance, audit and company secretarial roles. Jamie has held a number of senior financial positions including CFO and Company Secretary for a number of ASX listed and private companies and specialises in Financial Management, ASX and ASIC compliance and Corporate Governance of mineral and resource focused public companies. He is also currently Company Secretary for Blackstone Minerals Limited and Non-Executive Director and Company Secretary of Codrus Minerals Limited. DR. STUART Owen BSc (Geology), PhD (Geology) Exploration Manager Dr Stuart Owen is a Geologist with over 25 years of experience in mineral exploration. He has been instrumental in the discovery and development of multiple projects across four continents. Stuart’s technical leadership has seen the discovery of high-grade gold deposits in Australia, such as the Paulsens Deposit, as well as multi-million ounce gold discoveries in Africa during his time as exploration manager for Adamus Resources. More recently Dr Owen has led the team defining a large nickel sulphide discovery in Vietnam and has been the driver behind in the greenfields discovery of Venture’s Jupiter Project. Dr Owen received a PhD in Geology from the University of Otago and possesses a depth of experience in both exploration and development, across precious and base metals, as well as a broad range of other commodities including uranium, iron ore and rare earths. DR. Natalee Bonnici BSc Hon (Geology), PhD (Geometallurgy) Senior Exploration Geologist Natalee is a Geologist and Geometallurgist with over 15 years of experience in mineral exploration and geometallurgy. Her PhD was completed in 2012 as part of the AMIRA P843 project focusing on improving and predicting metallurgical performance through mineralogy and textural relationships. Natalee was most recently with Northern Star for 7 years as a Senior Exploration Geologist for their Carbine project in Kalgoorlie, developing and delivering resources for the Paradigm, Phantom, Anthill and Carbine deposits prior to the sale of the project. Prior to that, Natalee worked as an Exploration Geologist and Geometallurgist for Independence Group at the Jaguar project where she was part of the discovery team of the Triumph VHMS deposit. Natalee has been with Venture minerals since March as a Senior Exploration Geologist. DR. THI THU HIEN Dinh BSc (Mineral Processing), PhD (Metallurgy) Senior Metallurgist Dr. Thi Thu Hien Dinh is a Senior Metallurgist with over 20 years of experience in mineral processing, hydrometallurgy research and project management. She earned her PhD in Metallurgy from AlbertLudwig University Freiburg in 2015 and has expertise across a range of commodities, including iron, copper, lithium, rare earths and gold. Before joining Venture Minerals in June 2024, Dr. Dinh led the Mined and Processed Materials team at VinFast and worked as a Senior Metallurgist at Vietnam’s largest nickel mine. She has also held key research roles at leading geological and metallurgical institutes in Vietnam. ASX:CRI www.critica.limited 18 BUILDING MOMENTUM CAPITAL STRUCTURE NO. OF SHARES Shares on issue 2,635,814,023 Escrowed Shares 52,631,580 Total Shares on Issue 2,688,445,603 Market Capitalisation $0.018 $48.4m Cash including bonds $5.8m Enterprise Value $42.6m Listed Options – CRIO expiring 26 July 2025 @$0.036 SHAREHOLDERS 346,851,760 NO. OF SHARES % HOLDING North Star Impact Fund 131,578,947 4.9% Elphinstone Group 60,521,450 2.3% WGS 58,730,888 2.2% Lion Selection Group 52,631,580 2.0% Sentinel Exploration 52,631,580 2.0% Board and Management 54,604,601 2.0% ASX:CRI www.critica.limited 19 19 FUNDED TO PROGRESS KEY FOCUS AREAS 1 ASX:CRI www.critica.limited 2 3 20 CONTACT US Critica Limited Level 2, 16 Altona Street, West Perth, Western Australia T: + 61 8 6279 9428 | admin@critica.limited | www.critica.limited ASX:CRI www.critica.limited APPENDIX 1 – SOURCE DATA FOR PEER COMPARISONS Project Company Caldeira Meteoric Resources Colossus Viridis Mining Cowalinya Heavy Rare Earths Limited Resource Mt TREO (ppm) Measured 11.0 3,888 Indicated 298 2,827 Inferred 431 2,363 Total 740 2,572 Measured Indicated Inferred Total 1 329 163 493 2,605 2,680 2,162 2,508 Inferred 159 870 Total 159 870 Indicated 135 763 Brazil Critical Minerals Inferred 842 724 Total 977 729 Koppamurra Australian Rare Earths Measured Indicated Inferred Total 0.7 112 123 236 813 750 747 748 Inferred 168 1,201 Mt. Ridley Mt. Ridley Mines Total 168 1,201 Indicated Inferred Total 176.5 70.9 247.5 477 533 493 Indicated 6.6 2,513 Inferred 46.2 2,888 Total 52.8 2,841 Inferred 510 1,513 Total 510 1,513 Indicated 44 1,229 Inferred 186 1,166 Total 230 1,178 Measured Indicated Inferred Total Indicated Inferred Total 244.8 759.7 662.0 1,170 40 60 101 4,059 4,404 3,830 3,900 824 852 840 Ema North Stanmore Victory Metals PCH Project Appia Rare Earths and Uranium Group Rocha Da Rocha Salazar-Newmont-West Cobar ASX:CRI Tiros Resouro Strategic Metals Tower Krakatoa Resources www.critica.limited Source PFS ASX Announcement. Updated Figueira MRE drives +4,000 ppm TREO upside to early production outlook. 5 August 2024. 02835301.pdf Pre-Scoping ASX Announcement. Colossus Delivers Largest Measured & Indicated Resource and Highest MREO Grade IAC Project Globally. 22 January 2025. 2924-02905018-6A1247713 Pre-Scoping ASX Announcement. Five-Fold Increase in mineral resources to 159 Mt @ 870 ppm Total Rare Earth Oxides at Cowalinya Project in Western Australia. 3 October 2023. 02720133.pdf Scoping Study ASX Announcement. Updated Mineral Resource sets foundation for upcoming scoping study and mine development. 14 January 2025. 2924-02902768-6A1246809 Scoping Study Pre-Scoping Brazilian Rare Earths West Cobar Metals Stage ASX Announcement. ASX Release. Significant Resource Expansion at Koppamurra. 30 September 2024. ASX:AR3 - Significant Resource Expansion at Koppamurra ASX Announcement. Significant Resource Expansion at Koppamurra. 30 September 2024. ASX:AR3 - Significant Resource Expansion at Koppamurra Scoping Study ASX Announcement. North Stanmore advances as a global heavy rare earth clay deposit. 16 January 2025. 2924-02903539-6A1247110 Pre-Scoping CSE Announcement. Appia Files NNI 43-101 Technical Report on Maiden Indicated and Inferred Mineral Resource Estimate for PCH Ionic Adsorption Clay Project in Gois, Brazil. April 16 2024. 205668.pdf Pre-Scoping Brazilian Rare Earths. Prospectus. 7 December 2023. 2924-02755917-6A1187169 Pre-Scoping ASX Announcement. Major Resource Expansions at Salazar for REEs, TiO2 and Scandium. 8 October 2024. ea9172ff-a94.pdf Scoping Study Pre-Scoping ASX Announcement. Resouro Strategic Metals Maiden JORC Resource for the Tiros Project. 18 July 2024. 2924-02829043-6A1216226 ASX Announcement. Krakatoa Delivers maiden mineral resource at tower rare earth deposit. 21 November 2022. 02600437.pdf 22 22 APPENDIX 2 – JUPITER INDEPENDENT JORC RESOURCE TABLE Mineral Resource Estimate prepared by globally recognised, tier one consultants, SRK Consulting. For full Jupiter MRE detail including all component REO grades and gangue material content refer to ASX Announcement 11 February 2025. TREO represents the sum of 14 Rare Earth Elements (Lanthanum, Cerium, Praseodymium, Neodymium, Samarium, Europium, Gadolinium, Terbium, Dysprosium, Holmium, Erbium, Thulium, Ytterbium, Lutetium) plus Yttrium expressed as oxides. MREO represents the sum of the Neodymium, Praseodymium, Dysprosium and Terbium expressed as oxide. MREO averages 23% of TREO. ASX:CRI www.critica.limited 23 23 APPENDIX 3 – MOUNT LINDSAY TIN-TUNGSTEN PROJECT Notes: The Sn equivalent formula used to calculate the Sn equivalent values for the Main and No.2 Skarns is as follows: Sn Equivalent (%) = Sn% + (WO3% x 1.90459) + (mass recovery % of magnetic Fe x 0.006510) + (Cu% x 0.28019). Whereas for the Sn equivalent formula used to calculate the Sn equivalent values for the Stanley River South and Reward Skarns is as follows: Sn Equivalent (%) = Sn% + (WO3% x 1.65217) + (Cu% x 0.34783); • The mass recovery of the magnetic iron is determined mostly by Davis Tube Results (“DTR”); • The Sn equivalent formula uses a tin metal price of US$23,000/t, an APT (Ammonium Para Tungstate) price of US$380/mtu (1mtu =10kgs of WO3), a magnetite concentrate price of US$110/t and a copper metal price of US$8,000/t; • Pilot scale metallurgical testwork has been completed on the Main and No.2 Skarns with results indicating the metallurgical recovery for tin is 72%, for WO3 is 83%, for iron in the form of magnetite is 98% and for copper is 58%. The results of this testwork are stated in the ASX release dated 31 August 2012; • It is the Company’s opinion that the tin, WO 3 and copper, as included in the metal equivalent calculations for the Stanley River South and Reward Skarns, have reasonable potential to be recovered for when the Mount Lindsay Project goes into production. • Reporting to two significant figures. Figures have been rounded and hence may not add up exactly to the given totals. Full details of the estimate are in the ASX release 17 October 2012. 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 . ASX:CRI www.critica.limited 24 24