Greenvale Mining : AGES Presentation- Georgina Basin

ASX ANNOUNCEMENT

06 April 2022

ANNUAL GEOSCIENCE EXPLORATION SEMINAR

(AGES)PRESENTATION

Greenvale Mining Limited (ASX: GRV, "Greenvale" or "the Company") is pleased to announce its participation in the Annual Geoscience Exploration Seminar (AGES) to be hosted in Alice Springs 5th to 6th April 2022.

As part of the conference, Chief Executive Officer Matt Healy will provide insights on stratigraphy, modelling and IOCG potential of the Company's 100%-owned Georgina Basin IOCG Project in East Tennant Creek.

A copy of the presentation to be delivered is attached.

Authorised for Release

This announcement has been approved by the Managing Director for release.

Alan Boys

Company Secretary

Contact

For further details, contact: Matthew Healy - [e-mail]

Media Inquiries:

Nicholas Read - Read [e-mail]: [phone]

Greenvale Mining Limited I ABN 54 000 743 555

130 Stirling Highway, North Fremantle WA 6159 I Locked Bag 4, North Fremantle WA 6159 t:[phone] | e:[e-mail]| www.greenvalemining.com

Insights on stratigraphy, modelling and IOCG potential of the Warramunga Province

EL 32282, EL 32296 and EL 32295, East Tennant Creek, Northern Territory

Important Information

DISCLAIMER

This document and all other information (whether in writing or otherwise) which may be made available, or part thereof does not:

• 1. Contain all information that investors and their professional advisers would require to make an informed assessment of the following:

  • a) assets and liabilities, financial position and performance, profits and losses and prospects of the Company; and

  • b) rights and liabilities attaching to the Company's securities.

• 2. Constitute, or form part of, any offer to sell or issue, or any solicitation of an offer to purchase or subscribe for any securities nor shall this document, or any part of it, or the fact of its distribution or transmission, form the basis of, or be relied on, in connection with any contract.

• 3. Constitute a promise or representation as to the future. Recipients must make their own investigations and inquiries regarding all assumptions, risks, uncertainties and contingencies that may affect the future operations of the Company or the Company's securities.

No representation or warranty, express or implied, is made or given by or on behalf of the Company, its directors and officers or any other person as to the accuracy, completeness or fairness of the information or opinions contained in this document and all other information (whether in writing or otherwise) which may be made available or part thereof or any further information supplied by or on behalf of the Company or in connection with the Company and no responsibility or liability is accepted for any such information or opinions.

All statements in this document (other than statements of historical fact) are forward looking statements that involve risks and uncertainties. The Company can give no assurance that statements will prove accurate and results and future events could differ materially.

The Company, its directors and officers or any other person:

• 1. Do not accept liability for any loss or damage suffered or incurred by any investor or any other person however caused (including negligence) relating in any way to this document, including (without limitation) the information contained in it, any errors or omissions however caused, or the investor or any other person placing any reliance on this document, its accuracy, completeness, currency or reliability.

• 2. Do not accept any responsible to inform the recipient or any other person of any matter arising or coming to its notice which may affect any matter referred to in this document.

• 3. To the maximum extent permitted by law, expressly disclaimed and excluded any liability of the Company, its directors and officers or any other person to the recipient or to any other person arising out of this document.

FORWARD-LOOKING STATEMENTS

This presentation contains forward looking statements. Forward looking statements are often, but not always, identified by the use of words such as "seek", "target", "anticipate", "forecast", "believe", "plan", "estimate", "expect" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions.

The forward-looking statements in this presentation are based on current expectations, estimates, forecasts and projections about Greenvale Mining and the industry in which they operate. However, please note, they do relate to future matters and thus are subject to various inherent risks and uncertainties. Actual events or results may differ materially from the events or results expressed or implied by any forward-looking statements.

The past performance of Greenvale Mining is no guarantee of future performance.

None of Greenvale Mining's directors, officers, employees, agents or contractors makes any representation or warranty (either express or implied) as to the accuracy or likelihood of fulfilment of any forward-looking statement, or any events or results expressed or implied in any forward-looking statement, except to the extent required by law.

You are cautioned place no undue reliance on any forward-looking statement. The forward-looking statements in this presentation reflect views held only as at the date of this presentation.

2

Barkly Tablelands, east of Tennant Creek has been subject to substantial exploration focus over the past few years

Greenvale through is wholly owned subsidiary,

Knox Resources was an early explorer within this region

Thirteen Exploration Licences/Applications

(ELs) over three distinct locations covering 4,500+ km2 between the IOCG provinces of Tennant Creek and Mount Isa

Seven ELs granted on 23 September 2020 with three ELs subject to negotiation with indigenous freehold landholders

Two MinEx CRC diamond holes, NDIBK05 and

NDIBK10(in red) are located in tenement

Regional Geology

• ● The Warramunga Formation is characterised by turbiditic felsic volcanic derived sediments and felsic tuffs (deposited about 1862 Ma) under Georgina Basin cover sequences

• ● Syn-tectonic intrusive rocks of the Tennant Creek Suite comprising granites and quartz porphyries and lesser mafic to intermediate intrusions focused along pre-existing structures (1851-1847 Ma)

• ● Major E-W shear zones divide the area into several structural blocks of tightly folded strata

• ● High-grade deposits of copper and gold mineralisation associated with magnetite and/or hematite bearing ironstones hosted within the Warramunga Formation have been mined in the Tennant Creek Inlier since the 1930s

• ● Pre-competitive geoscience studies from Geoscience Australia and NTGS show that the Barkly Tableland area, east of Tennant Creek is prospective for IOCG mineralisation