Slide 1: Mungari Site Visit
SESSION 1 MUNGARI SITE VISIT U N L O C K ING L O N G -TER M R ET U R N S IN K A L G OOR LIE For personal use only ➢ Scott Barber – General Manager 8 August 2023
Slide 2: Production Target
PRODUCTION TARGET Mungari Production Target and relevant proportions of Mineral Resources and Ore Reserves underpinning the Production Target The Mungari Production Target of 1.9Moz to 2.7Moz between FY24 and FY38 comprises 3% Proved Ore Reserves, 49% Probable Ore Reserves, 19% Indicated Mineral Res
Slide 3: Forward Looking Statement
FORWARD LOOKING STATEMENT These materials prepared by Evolution Mining Limited (or “the Company”) include forward looking statements. Often, but not always, forward looking statements can generally be identified by the use of forward looking words such as “may”, “will”, “expect”, “intend”, “plan”, “
Slide 4: Acknowledgement of Country
For personal use only Acknowledgement of Country "Evolution would like to acknowledge the Traditional Custodians of the land on which we operate and on which we meet today, and pay our respects to Elders past, present, and emerging, for they hold the memories, the traditions, the culture and the hop
Slide 5: Mungari – Cornerstone Asset
MUNGARI – CORNERSTONE ASSET ▪ Consolidated regional ownership For personal use only Red Lake ▪ Track record of stable and consistent operations Bubble size based on ounces ▪ Expansion is a logical evolution of the region Ore Reserves (Moz)1 Mineral Resources (Moz)2 ▪ Unlocking long term potential ▪
Slide 6: Mungari – Compelling Expansion Economics
MUNGARI – COMPELLING EXPANSION ECONOMICS Feasibility study outcomes Expansion ▪ Capital investment of $250M For personal use only ▪ 30-month construction to March 2026 ▪ Increase throughput to 4.2Mtpa from 2Mtpa ~200koz ▪ Planned annual production 155koz (LOM) and 200koz (FY27-32) ~120-130koz ~155ko
Slide 7: Mungari – Positioning in Evolution
MUNGARI – POSITIONING IN EVOLUTION Production Operating Cash Flow FY23 (ounces) FY23 For personal use only Mungari Mungari 21% 11% Approximately 600km east of Perth and 20km west of Location Kalgoorlie in Western Australia Mining commenced at White Foil in 2002 and production from Commencement Miner
Slide 8: Employer of Choice
Award winning graduate program EMPLOYER OF CHOICE ▪ Representatives from all intakes since 2013 still with the business ▪ Graduates in 2022 Australian For personal use only ✓ People underpin our success, supported by Association of Graduate Employers (AAGE) survey our Values rated Evolution as the b
Slide 9: Sustainability
SUSTAINABILITY Risk & Safety Performance ▪ Clear value of Health & Safety For personal use only ▪ TRIF of 12.8 (June 2023) ▪ Continued focus on critical risk management ▪ Strong hazard reporting culture Strong Local Community Support ▪ Continuing to invest in the community with ongoing local partner
Slide 10: Foundations Established Over Past Years
FOUNDATIONS ESTABLISHED OVER PAST 2 YEARS Operational stability: Quarter on quarter delivery Operational life = Reserves or Project Inventory / March Qtr annualised production ▪ Harmonised working structures For personal use only 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 $2,600 Agnew ▪ St
Slide 11: Mill Expansion Unlocks Significant Value
MILL EXPANSION UNLOCKS SIGNIFICANT VALUE 57000 ▪ Mungari Mill expansion – key enabler for region PRIMARY JAW CRUSHER ▪ Conventional crush and grind circuit, with conventional technologies For personal use only Key design criteria ▪ Metallurgical testing completed – outcomes favourable Throughput – 4
Slide 12: Long-Term Future on Solid Foundations
LONG-TERM FUTURE ON SOLID FOUNDATIONS Current state Mill expansion project Future Key messages For personal use only 2.0Mtpa 4.2Mtpa nominal 15-year mine life ✓ Simple plant design processing processing Reduced AISC capacity capacity ✓ Unlocks regional ~18% lower ore sources LOM production Pathway t
Slide 13: For personal use only
For personal use only
Slide 14: Mungari
SESSION 2 MUNGARI U N LOC K ING L O N G -TER M R ETU R N S IN K A LGOOR LIE For personal use only ➢ Scott Barber – General Manager Brad Daddow – Manager Geology, Discovery Shane Barker – Manager Processing 8 August 2023 14
Slide 15: Three Mining Centres
THREE MINING CENTRES For personal use only ▪ Three secure, well-known and low-risk ore sources: ▪ Kundana (high grade underground ore source) ▪ Castle Hill (base load open pit ore source) ▪ Paradigm (base load ore source) ▪ Initial mining is focused on the near field deposits ▪ Conventional mining m
Slide 16: Mungari Reserve Growth Strategy
MUNGARI RESERVE GROWTH STRATEGY For personal use only ✓ Strategy is to continue to supply high-grade underground ore and baseload feed from open pits, maintaining a 200koz pa production rate for 10+ years at the 4.2Mtpa processing rate ✓ December 2022 Mineral Resource increased by 10% year-on-year t
Slide 17: Geologically Prospective Asset
Kundana GEOLOGICALLY PROSPECTIVE ASSET Solid geology interpretation showing Mungari Tenure spans 45km of strike over two major structural tenure and major structural corridors For personal use only corridors Castle Hill ▪ 7Moz Zuleika Shear Zone1 ▪ 2Moz Kunanalling Shear Zone1 Paradigm ▪ 700koz Car
Slide 18: Kundana Centre Upside
Plan view of Kundana Centenary open pit Kundana KUNDANA CENTRE UPSIDE Barkers open pit Strzelecki Discovering new high-grade veins open pit For personal use only ▪ Exploration historically focused on the two main lines of lode (Centenary Main Vein and Strzlecki/Xmas) ▪ Recent success on newly identi
Slide 19: Kundana Centre Upside – Raleigh
Kundana KUNDANA CENTRE UPSIDE – RALEIGH 200m Reinterpreted the location of the post- For personal use only RMRCD018 mineral Lucifer Fault 0.15m @ 364.0g/t North Looking RRD001 ▪ Created space to the north along strike East 0.25m @ 82.1g/t extending the Raleigh Main Vein (RMV) RMRCD037 RMRCD039 0.52m
Slide 20: Castle Hill Centre Upside
CASTLE HILL CENTRE UPSIDE A A’ ▪ Base load ore source with For personal use only upside potential Castle Hill ▪ Ore Reserve shell optimised on all Mineral Resource classifications (MI&I1) ▪ Opportunity to convert Castle Hill Plan View Ore Reserve pit Inferred Mineral Resource shell to Ore Reserves w
Slide 21: Paradigm Centre Upside
PARADIGM CENTRE UPSIDE Base load and high-grade underground ▪ Open pit pre-stripped in FY23 with FY24 For personal use only Open pit Historic pit production a gateway to the high-grade underground ▪ FY23 drilling delivered 50% increase in FY23 Inferred to Indicated drilling area Mineral Resource to
Slide 22: Confidence in Sustaining 200kozpa
CONFIDENCE IN SUSTAINING 200KOZPA Mungari Ore Reserves and mining depletion history For personal use only 1500 Kundana 1000 acquisition ✓ Large land holding with significant Mineral Resource of 5.3Moz ✓ Significant Inferred Mineral Resource of 500 Gold (koz) 2Moz – opportunities for conversion to Or
Slide 23: Key Takeaways
KEY TAKEAWAYS Compelling expansion economics underpin 15- For personal use only year mine life Simple, brownfield plant expansion to 4.2Mtpa 200kozpa for first five years1 5Moz endowment – Discovery opportunity to sustain 200kozpa to FY38+ 1. 200kozpa production for first five year (FY27-32) 23
Slide 24: For personal use only
For personal use only
Slide 25: Kundana Exploration Results
For personal use only KUNDANA EXPLORATION RESULTS 25
Slide 26: Kundana Drill Hole Information Summary
KUNDANA DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only MBRT22016A 331556 6599834 25 -50 40 257.45 22.35 23.15 0.8 15.3 0.04 XMRSD21001 331509 6599843 26 -45 51 211.7 47.15 47.45 0.3 11.6 0
Slide 27: Kundana Drill Hole Information Summary
KUNDANA DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only CHCD17005A 331195 6600169 345 -71 68 693.9 478.77 479.07 0.3 26.6 0.09 CHCD17005A 331195 6600169 345 -71 68 693.9 671.13 671.9 0.77 2
Slide 28: Kundana Drill Hole Information Summary
KUNDANA DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only ZD468D 330925 6599505 344 -60 31 1488.3 1473.09 1473.18 0.09 10.8 0.1 ZRD026 331088 6600181 344 -60 23 877.25 583.45 583.95 0.5 14.1
Slide 29: Kundana Drill Hole Information Summary
KUNDANA DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only BKRT20155 331631 6600653 25 -12 250 606.03 248.1 249.12 1.02 5.8 1 BKRT20155 331631 6600653 25 -12 250 606.03 252 253 1 3.9 0.5 BKRT2
Slide 30: Section – Sampling Techniques and Data
SECTION 1 – SAMPLING TECHNIQUES AND DATA Kundana Section 1 Sampling Techniques and Data Criteria Commentary For personal use only • Sampling of gold was undertaken using diamond core (surface and underground), Sampling • Drilling and sampling for gold has been conducted by various companies since 19
Slide 31: Section – Sampling Techniques and Data
SECTION 1 – SAMPLING TECHNIQUES AND DATA Kundana Section 1 Sampling Techniques and Data Criteria Commentary For personal use only • The sampling preparation and assaying protocol used Mungari Operations was developed to ensure the quality and suitability of the assaying and laboratory procedures rel
Slide 32: Section – Sampling Techniques and Data
SECTION 1 – SAMPLING TECHNIQUES AND DATA Kundana Section 1 Sampling Techniques and Data Criteria Commentary For personal use only • The majority of the structures in the Kundana camp dip steeply (80°) to WSW. To target these orientations, the drill hole dips of 60 - 70° towards ~060° achieve high an
Slide 33: Section – Reporting of Exploration Results
SECTION 2 – REPORTING OF EXPLORATION RESULTS Kundana Section 2 Reporting of Exploration Results Criteria Commentary For personal use only • All holes mentioned in this report are located within Mining Lease M16/72 and M16/97 which is owned by Kundana Gold Pty Ltd, a wholly owned subsidiary of Evolut
Slide 34: Section – Reporting of Exploration Results
SECTION 2 – REPORTING OF EXPLORATION RESULTS Kundana Section 2 Reporting of Exploration Results Criteria Commentary For personal use only • All reported assay results have been length-weighted; no top cuts have been applied. Assay results are reported to a 0.8g/t Au lower cut over a minimum intersec
Slide 35: Section – Reporting of Exploration Results
SECTION 2 – REPORTING OF EXPLORATION RESULTS Kundana Section 2 Reporting of Exploration Results Criteria Commentary For personal use only Diagrams A long section and cross section view of the drilling results outlined in this table 1. 35
Slide 36: Section – Reporting of Exploration Results
SECTION 2 – REPORTING OF EXPLORATION RESULTS Kundana Section 2 Reporting of Exploration Results Criteria Commentary For personal use only • A representative selection of drill holes have been reported that include, economic and sub economic drill hole intercepts. Balanced • Economic intercepts are d
Slide 37: Kundana (Raleigh) Exploration Results
For personal use only KUNDANA (RALEIGH) EXPLORATION RESULTS 37
Slide 38: Raleigh Drill Hole Information Summary
RALEIGH DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only RMRCD018 331583 6599519 344 -59 64 149.3 116.35 116.5 0.15 364.0 0.1 RRD001 331570 6599488 345 -59 61 187.1 142.35 142.6 0.25 82.1 0.
Slide 39: Section – Sampling Techniques and Data
SECTION 1 – SAMPLING TECHNIQUES AND DATA Raleigh Section 1 Sampling Techniques and Data Criteria Commentary For personal use only • Sampling of gold mineralisation at Mungari Operation that constitutes the Mineral Resource estimates for the 2022 MROR was undertaken using diamond core (surface and Sa
Slide 40: Section – Sampling Techniques and Data
SECTION 1 – SAMPLING TECHNIQUES AND DATA Raleigh Section 1 Sampling Techniques and Data Criteria Commentary For personal use only • RC samples are geologically logged. Specifically, each interval is inspected and the weathering, regolith, rock type, alteration, mineralisation and structure recorded.
Slide 41: Section – Sampling Techniques and Data
SECTION 1 – SAMPLING TECHNIQUES AND DATA Raleigh Section 1 Sampling Techniques and Data Criteria Commentary For personal use only • On completion of drilling, drill hole collar positions were surveyed by either contract or site-based surveyors. Some earlier drilling was surveyed prior to drilling, b
Slide 42: Section – Reporting of Exploration Results
SECTION 2 – REPORTING OF EXPLORATION RESULTS Raleigh Section 2 Reporting of Exploration Results Criteria Commentary For personal use only • All holes referenced in this report are located within either the M15/993 or M16/157 Mining leases. M15/993 which is held by the East Kundana Joint Venture (EKJ
Slide 43: Section – Reporting of Exploration Results
SECTION 2 – REPORTING OF EXPLORATION RESULTS Raleigh Section 2 Reporting of Exploration Results Criteria Commentary For personal use only • All reported assay results have been length-weighted; no top cuts have been applied. Assay results are reported to a 0.8g/t Au lower cut over a minimum intersec
Slide 44: Section – Reporting of Exploration Results
SECTION 2 – REPORTING OF EXPLORATION RESULTS Raleigh Section 2 Reporting of Exploration Results Criteria Commentary For personal use only Diagrams • A long section view of the drilling results outlined in this table 1 for Raleigh deposit 44
Slide 45: Section – Reporting of Exploration Results
SECTION 2 – REPORTING OF EXPLORATION RESULTS Raleigh Section 2 Reporting of Exploration Results Criteria Commentary For personal use only • A representative selection of drill holes have been reported that include, economic and sub economic drill hole intercepts. Balanced • Economic intercepts are d
Slide 46: Paradigm Exploration Results
For personal use only PARADIGM EXPLORATION RESULTS 46
Slide 47: Paradigm Drill Hole Information Summary
PARADIGM DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only PDDD22001 301783 6627282 424 -56 73 516.33 87.9 88.9 1 4.3 1 285.95 287 1.05 3.2 1.05 312.25 312.65 0.4 5.8 0.4 406.65 407.4 0.75 4.
Slide 48: Paradigm Drill Hole Information Summary
PARADIGM DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only PDDD22007 301898 6627132 422 -63 73 365.08 296.54 300 3.46 18.0 1.5 303.29 307.86 4.57 3.8 1.5 PDDD22009 301821 6627119 423 -58 76 5
Slide 49: Paradigm Drill Hole Information Summary
PARADIGM DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only PDDD22016 301846 6627043 422 -59 74 442.43 420.78 421.56 0.78 10.4 0.66 405.65 407.07 1.42 588.3 1.2 370.38 371.77 1.39 6.3 1 PDDD22
Slide 50: Paradigm Drill Hole Information Summary
PARADIGM DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only PDDD22023 301854 6626859 422 -67 44 331.24 115.59 118 2.41 4.7 2 254.02 255 0.98 49.3 0.98 301.3 302.35 1.05 4.0 0.36 PDDD22024 3018
Slide 51: Paradigm Drill Hole Information Summary
PARADIGM DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only 234 245.56 11.56 9.5 3.12 PDDD22034 301831 6627218 423 -60 74 282.2 178 180 2 2.7 2 PDDD22034A 301829 6627217 423 -58 73 421.9 218 2
Slide 52: Paradigm Drill Hole Information Summary
PARADIGM DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only PDRC22011 301874 6627176 422 -54 55 95 65 66 1 0.5 1 PDRC22012 301873 6627175 422 -65 45 80 63 65 2 0.5 2 PDRC22013 301841 6627177 4
Slide 53: Paradigm Drill Hole Information Summary
PARADIGM DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only 114 115 1 4.5 0.6 PDRC22025 302120 6627219 421 -60 255 220 129 137 8 7.9 1.71 144 145 1 12.2 0.21 181 183 2 4.1 1.2 188 189 1 11.7 0
Slide 54: Paradigm Drill Hole Information Summary
PARADIGM DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only 150 160 10 5.8 1.71 PDRC22035 301870 6627092 422 -53 56 95 77 80 3 1.5 3 PDRC22036 301855 6627085 423 -55 61 110 78 80 2 8.4 2 PDRC2
Slide 55: Paradigm Drill Hole Information Summary
PARADIGM DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only PDRC22045 301856 6627083 423 -53 91 75 60 61 1 0.1 1 PDRC22046 302012 6627124 421 -58 251 60 44 45 1 0.4 1 PDRC22048 302056 6627138
Slide 56: Paradigm Drill Hole Information Summary
PARADIGM DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only 97 111 14 0.7 14 121 126 5 1.3 5 142 145 3 3.1 3 148 162 14 3.1 14 PDRC22054 301904 6627058 422 -50 49 85 57 58 1 0.4 1 PDRC22055 30
Slide 57: Paradigm Drill Hole Information Summary
PARADIGM DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only 101 106 5 4.7 1.07 169 170 1 11.8 0.6 PDRC22063 302123 6627137 421 -59 254 222 106 124 18 6.2 3.86 133 134 1 4.7 0.6 152 153 1 5.1 0
Slide 58: Paradigm Drill Hole Information Summary
PARADIGM DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only 85 90 5 2.2 1.07 95 96 1 10.4 0.21 165 166 1 6.6 1 PDRC22071 302149 6627124 420 -60 253 228 56 57 1 5.6 0.6 112 114 2 3.0 1.8 126 13
Slide 59: Paradigm Drill Hole Information Summary
PARADIGM DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only 132 133 1 9.1 0.6 PDRC22077 302107 6627091 421 -60 253 180 98 102 4 9.0 1.2 149 150 1 3.5 0.6 PDRC22078 302141 6627101 420 -60 254 2
Slide 60: Paradigm Drill Hole Information Summary
PARADIGM DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only PDRC22085 302204 6627097 420 -60 253 174 159 160 1 6.2 0.6 PDRC22086 302230 6627107 420 -60 251 108 63 64 1 0.3 1 PDRC22087 301986 6
Slide 61: Paradigm Drill Hole Information Summary
PARADIGM DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only PDRC22096 302143 6626989 420 -59 251 150 101 103 2 2.7 1.4 PDRC22097 302163 6627007 420 -59 252 170 157 161 4 4.3 2.8 PDRC22098 3021
Slide 62: Paradigm Drill Hole Information Summary
PARADIGM DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only 158 159 1 1.8 1 168 171 3 1.4 3 PDRC22105 302261 6626904 419 -60 253 258 46 51 5 1.1 5 111 113 2 1.3 2 132 133 1 1.4 1 249 256 7 1.9
Slide 63: Paradigm Drill Hole Information Summary
PARADIGM DRILL HOLE INFORMATION SUMMARY Grade g/t True Hole ID East (MGA) North (MGA) RL (AHD) Dip Azi (MGA) Hole Depth From To DH Width Au Width For personal use only 175 180 5 3.0 3 PDRC22111 302124 6627070 420 -59 253 155 112 116 4 12.0 1.32 142 143 1 3.4 0.6 63
Slide 64: Section – Sampling Techniques and Data
SECTION 1 – SAMPLING TECHNIQUES AND DATA Paradigm Section 1 Sampling Techniques and Data Criteria Commentary For personal use only • Sampling was completed using a combination of Reverse Circulation (RC) and Diamond (DD) drilling. Sampling • RC samples were split using a rig-mounted cone splitter on
Slide 65: Section – Sampling Techniques and Data
SECTION 1 – SAMPLING TECHNIQUES AND DATA Paradigm Section 1 Sampling Techniques and Data Criteria Commentary For personal use only Sub-sampling • All diamond core that was half-core sampled was cut longitudinally with an automated core saw. • Sample preparation was conducted by ALS Global or Bureau
Slide 66: Section – Sampling Techniques and Data
SECTION 1 – SAMPLING TECHNIQUES AND DATA Paradigm Section 1 Sampling Techniques and Data Criteria Commentary For personal use only Location of • A planned hole is pegged using a Differential GPS by the field assistants. The final collar is picked up after hole completion with a Differential GPS in t
Slide 67: Section – Reporting of Exploration Results
SECTION 2 – REPORTING OF EXPLORATION RESULTS Paradigm Section 2 Reporting of Exploration Results Criteria Commentary For personal use only • All holes mentioned in this report are located within located within Mining Lease M16/548 which is owned by Kundana Gold Pty Ltd, a wholly owned subsidiary of
Slide 68: Section – Reporting of Exploration Results
SECTION 2 – REPORTING OF EXPLORATION RESULTS Paradigm Section 2 Reporting of Exploration Results Criteria Commentary For personal use only • The orientation of target structures has been interpreted for all exploration targets and true widths can be calculated, they are reported accordingly. Relatio
Slide 69: Section – Reporting of Exploration Results
SECTION 2 – REPORTING OF EXPLORATION RESULTS Paradigm Section 2 Reporting of Exploration Results Criteria Commentary For personal use only • All Exploration and Resource Definition results have been reported in the Paradigm drill hole information summary. Balanced reporting • No other material explo
Slide 70: Mineral Resources and Ore Reserves
For personal use only MINERAL RESOURCES AND ORE RESERVES 70
Slide 71: Group Gold Mineral Resources at December 2022
GROUP GOLD MINERAL RESOURCES AT 31 DECEMBER 2022 Gold Measured Indicated Inferred Total Resource Gold Gold Gold Gold Gold Gold Gold Cut-off Tonnes Tonnes Tonnes Gold Metal CP6 Project Type Tonnes (Mt) Grade Grade Grade Metal Grade Metal Grade For personal use only (g/t Au) (Mt) (Mt) (Mt) (koz) (g/t)
Slide 72: Group Gold Ore Reserves at December 2022
GROUP GOLD ORE RESERVES AT 31 DECEMBER 2022 ( W I T H E R N E S T H E N R Y J U N E 2 0 2 3 O R E R E S E R V E U P D AT E ) Gold Proved Probable Total Reserve Competent Cut-off Tonnes Gold Grade Gold Metal Tonnes Gold Grade Gold Metal Tonnes Gold Grade Gold Metal Person8 Project Type (g/t Au) (Mt)
Slide 73: Group Resources & Reserves at December 2022
GROUP RESOURCES & RESERVES AT 31 DECEMBER 2022 ( W I T H E R N E S T H E N R Y J U N E 2 0 2 3 O R E R E S E R V E U P D AT E ) Group Mineral Resource – contained copper Copper Measured Indicated Inferred Total Resource Copper CP1 For personal use only Tonnes Copper Tonnes Copper Copper Tonnes Coppe
Slide 74: Additional Site Information
For personal use only ADDITIONAL SITE INFORMATION 74
Slide 75: Process Plant Circuit
PROCESS PLANT CIRCUIT For personal use only 75
Slide 76: Process Equipment
PROCESS EQUIPMENT ▪ Power ▪ Gravity Circuit For personal use only ▪ Western Power – grid supply ▪ 2 x Knelson concentrator – 30” ▪ 40-60% of gold recovered via gravity ▪ Crushing ▪ Three stage crushing ▪ Leaching ▪ Primary: Metso 40” single toggle jaw crusher ▪ CIL circuit ▪ Secondary: Metso Cone HP
Slide 77: Mining Equipment
MINING EQUIPMENT Underground mining equipment For personal use only ▪ Development drills ▪ Ancillary Equipment ▪ 5 x development jumbo – Sandvik DD421 ▪ 4x Normet 1614B Charmec ▪ Production drills - 5 x longhole drills ▪ 2x Epiroc Rocmec charge wagon ▪ 4x Epiroc S7C Simba ▪ 2x Caterpillar 140M grade
Slide 78: Mining Equipment
MINING EQUIPMENT Open-pit mining equipment For personal use only ▪ Loading ▪ 1 x 250t Hitachi EX2600 ▪ 1 x 110t Komatsu PC1250 (batters) ▪ Hauling ▪ 5 x 135t Caterpillar 785 dump trucks ▪ Dozers ▪ 2 x Caterpillar D10T ▪ Haul road maintenance ▪ 1 x Caterpillar 773D 40,000L water cart ▪ 1 x Caterpilla
Slide 79: For personal use only
For personal use only