Geopacific Resources Limited · ASX:GPR

Geopacific Resources — Investor Presentation (May 2026)

19 slides from Geopacific Resources's investor presentation, May 20, 2026

  1. Slide 1: Woodlark Gold Project - Definitive Feasibility Study

    Woodlark Gold Project - Definitive Feasibility Study Technically robust, long-life gold project with strong free cash flow and rapid payback. May 2026 (ASX: GPR)

  2. Slide 2: Disclaimer and Competent Persons Statement

    Disclaimer and Competent Persons Statement This presentation is for information purposes only. This presentation does not constitute financial product Geopacific confirms that it is not aware of any new information or data that materially affects the advice and has been prepared without taking into

  3. Slide 3: Corporate Snapshot

    Corporate Snapshot Capital Structure Board and Management Market capitalisation¹ $154 million Rowan Johnston Non-Executive Chairman Shares on issue 3,205,795,329 Hamish Bohannan Managing Director Options/Performance Rights 109,608,329 Graham Ascough Non-Executive Director Cash & Term Deposits 31 Mar

  4. Slide 4: PNG Snapshot & Woodlark Island Project Location

    PNG Snapshot & Woodlark Island Project Location ✓ Pro-mining jurisdiction with a long & successful PAPUA NEW GUINEA mining history ✓ Significant regional gold endowment & many world- class mines ✓ Island mining well established with stable environment at Woodlark ✓ Supportive PNG Government environm

  5. Slide 5: 2026 DFS – Project Overview

    2026 DFS – Project Overview1 Long-Life, Robust Production Profile KEY PROJECT PHYSICALS • 12-year open pit mining operation across Kulumadau, Busai & Woodlark King • Total gold production: 1.1 Moz | Avg annual: 100 koz | Peak: 117 koz Parameter DFS Base Case • Average gold recovery: 89.7% Mine life

  6. Slide 6: 2026 DFS – Key Forecast Financial Information

    2026 DFS – Key Forecast Financial Information1,2 A$1.3 Billion 50.6% 18-month A$1,966/oz Post-tax NPV8% Post-tax IRR Post-tax Payback Period All-in Sustaining Cost at A$5,500/oz gold price resilient economics from first production forecast LOM average 1,500 3,000 A$2,524M A$2,426M A$2,146M Forecasrt

  7. Slide 7: Capital Cost Summary

    Capital Cost Summary 1 A$535M A$57M A$592M A$485 /oz Pre-Production Capital Sustaining Capital Total LOM Capital Capital Intensity Incl. contingency & pre-strip Incl. closure costs All-in Reflects island location PRE-PRODUCTION CAPITAL ±15% Level of Accuracy KEY CAPITAL NOTES Capital Area A$’M • Cap

  8. Slide 8: Operating Cost Summary

    Operating Cost Summary1 A$1,966/oz A$25.28 A$28.62 A$33/oz All-in Sustaining Costs (AISC) Mining Cost Processing and G&A Cost Silver Credit LOM average Per tonne ore Per tonne ore 525 koz Ag recovered over LOM UNIT COST BREAKDOWN ±15% Level of Accuracy KEY OPERATING COST NOTES Cost A$/oz Au Mining 8

  9. Slide 9: Key Project Locations

    Key Project Locations The 2026 DFS reflects an improved site layout including a new Plant location and a streamlined Project footprint Proposed location of wharf and DSTP Representation of Plant design 9

  10. Slide 10: Processing – CIL Flowsheet

    Processing – CIL Flowsheet Simple conventional CIL process to pour gold doré on site with expected gold recoveries of 89.7% • Free-milling gold, straightforward processing route, well-understood metallurgy • Plant design by GR Engineering • Overall LOM average gold recovery of 89.7% • Gravity gold r

  11. Slide 11: Mining Lease & State Participation

    Mining Lease & State Participation ML 508 already granted and held 100% by wholly owned subsidiary Woodlark Mining Limited EL 1465 • Licenses held cover the central 265 km² and western portions of Woodlark Island • Adjoining tenements for Mining EL 1279 Purpose and Mining Easements 92.4 km² (not sho

  12. Slide 12: Key Local Issues Currently Being Addressed

    Key Local Issues Currently Being Addressed Discussions underway to amend Condition 7(ii) of ML 508 • ML 508 has a 20-year term, expiring in 2034 • Framework allows for Mining Leases to be extended in 10-year increments • Extension typically prepared towards the end of the Mining Lease term • Conditi

  13. Slide 13: Next Steps – Pathway to Production

    Next Steps – Pathway to Production Final Investment Decision (FID) Target FID in December 2026, with first gold in November 2028 Early works including the upgrade of site access Establish all weather roads to support construction and mining in this high rainfall area Complete village relocation 196

  14. Slide 14: Investment Summary

    Investment Summary Development-Ready, Long-life Project in Established Mining Jurisdiction • Extensive technical work completed • DFS completed, demonstrating robust project economics • Financing and strategic partnership discussions progressing Robust Mineral Resource underpinning Ore Reserves • 1.

  15. Slide 15: Contact details

    https://geopacific.com.au/ info@geopacific.com.au This presentation has been approved for release by the Board of Geopacific Resources Limited

  16. Slide 16: Appendices

    Appendices Additional Information 16

  17. Slide 17: Woodlark Exploration Overview

    Woodlark Exploration Overview • 529 km² 100% owned ML & ELs • GPR are the only commercial explorers / miners on Woodlark Island • <20% of tenure comprises outcropping host lithologies • Deposits remain open, with significant potential to continue under cover • Historically limited exploration outsid

  18. Slide 18: Mine Plan

    Mine Plan1 Annual Mining Tonnage by Deposit 35,000,000 1.40 30,000,000 1.20 25,000,000 1.00 Ore Tonnes Mined (t) Au Grade (g/t) 20,000,000 0.80 15,000,000 0.60 10,000,000 0.40 5,000,000 0.20 - - Pre Y1 Y2 Y3 Y4 Y5 Y6 Y7 Y8 Y9 Y10 Y11 Kulumadau Busai Woodlark King Mine Grade (g/t Au) 1. Refer ASX ann

  19. Slide 19: Woodlark Mineral Resources & Ore Reserves

    Woodlark Mineral Resources & Ore Reserves MINERAL RESOURCE ESTIMATE 1, 2 ORE RESERVE ESTIMATE 1, 3 Contained Contained Resource Tonnes Grade Tonnes Diluted Grade Deposit Ounces Deposit Classification Ounces Category (Million) (g/t Au) (Million) (g/t Au) ('000 oz Au) ('000 oz Au) Measured 0.5 5.52 95

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