Investigator Resources : Investor Presentation - November 2021

ersonal use only

Thinking Silver? Think Investigator.

Paris - Australia's highest grade Silver project.

Melbourne Mining Club - Cutting Edge

30 November 2021

ASX:IVR

Disclaimer

The information in this presentation is published to inform you about Investigator Resources Limited and its activities. Some statements in this presentation regarding estimates or future events are forward looking statements. They involve risk and uncertainties that could cause actual results to differ from estimated results. All reasonable effort has

onlybeen made to provide accurate information, but we do not warrant or represent its accuracy and we reserve the right to make changes to it at any time without notice. To the extent permitted by law, Investigator Resources Limited accepts no responsibility or liability for any losses or damages of any kind arising out of the use of any information contained in this presentation. Recipients should make their own enquiries in relation to any investment decisions.

Competent Person Statements

The information in this presentation relating to exploration results is based on information compiled by Mr Jason Murray who is a full time employee of the company. Mr Murray is a member of the Australasian Institute of Mining and Metallurgy. Mr Murray has sufficient experience of relevance to the styles of mineralisation and the types of deposits under consideration, and to the activities undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian useCode for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Murray consents to the inclusion in this report of the matters based on information in the

form and context in which it appears.

The information in this presentation that relates to Mineral Resources Estimates at the Paris Silver Project is extracted from the release titled "Paris Update Mineral Resource E timate" dated 28 June 2021 and is available to view on the Company's website www.investres.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement.

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What do you need to know about Investigator?

	• ASX listed - IVR
only
	•	South Australia & Tasmania
	• Absolute leverage to Silver price
	• Paris Silver Project - South Australia:
use	•	PFS released today
•	100% IVR owned
			• 53Moz Ag + 98kt Pb - JORC (2012) Resource
			•	Regional exploration potential
	• Uno/Morgans - drilling in December
ersonal
	•	2 areas under farm-out deals
	• Experienced and capable team
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Corporate Overview

Capital Structure (as at 31 Oct 2021)

only	Shares - ordinary		1,324M
Options - unlisted1		28M
	Performance Rights2		10M
	Share Price		7.8c
	12-month range		1.1c to 12c
use
Market Cap		$105M
Top 20	31%
	Cash (*unaudited)		~$9.5M
	Share Register (as at 31 Oct 2021)
	Jupiter Asset Management	14.7%
ersonal	# Shareholders	5,759
Sh re price data from StocknessMonster.com	Board and Management
	Kevin Wilson	Non-Executive Chairman
	Andrew Shearer	Non-Executive Director
	Andrew McIlwain		Managing Director

1.	unlisted employee options - 24M @ 3.5c expiring 20 Nov 2022
	unlisted options - 4M @ 4.8c exp. 31/12/22
2.	10M MD perf. rights (various vesting conditions over 2 years to 2022)
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South Australian tenements - all 100% IVR

Eyre Peninsular

only	•	Peterlumbo:
			• Paris - high grade silver estimated resource
			• Exploration targets within 5km Paris
		• Uno, Morgans & Harris Bluff - Au, Ag, Pb & Zn
use	Curnamona
• Wiawera, Olary & Treloars - Cu, Au, Ag
Stuart Shelf
		• DGO Farm-in - Cu & Au
		• $6.35M over 5 years to earn 80%
ersonal	Fowler Domain
• Osmond Resources Farm-in - Ni, Cu, Au
		• $2.75M over 6 years to earn 80%
		*Tasmania
		• White Spur - between Rosebery and Henty Mines
		• Zn, Pb, Ag & Au
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