Geopacific Resources Limited · ASX:GPR
Geopacific Resources — Diggers and Dealers (August 2026)
35 slides from Geopacific Resources's conference presentation, August 2026
Slide 1: Woodlark Gold Project
Woodlark Gold Project Technically robust, long-life gold project with strong free cash flow and rapid payback. August 2026 (ASX: GPR)
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 Forward Looking Statements: All statements other than statements of historical fact included in this product advice and has been prepared without taking into
Slide 3: Corporate Snapshot
Corporate Snapshot Capital Structure Board and Management Market capitalisation¹ $87.1 million Rowan Johnston Non-Executive Chairman Shares on issue 3,227,261,998 Hamish Bohannan Managing Director Options/Performance Rights 88,141,660 Graham Ascough Non-Executive Director Cash @ 30 June 2026 $7.5 mi
Slide 4: Directors Experience
Directors Experience Name & Position Biography Experienced corporate executive with a track record of adding value from discovery to production across challenging assets. Qualified Mining Rowan Johnston Engineer from the Western Australian School of Mines with a first-class Mine Manager's Certificat
Slide 5: The Build Team
The Build Team Hamish and Rowan joined the Geopacific Board in November 2023 bringing substantial mining and construction experience with them. In April 2026, the Board moved the Company focus from exploration and study to development and construction. Rowan took up the role of Chairman and Hamish,
Slide 6: 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
Slide 7: 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
Slide 8: 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
Slide 9: 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
Slide 10: 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
Slide 11: EV/Resource: Select Advanced Developers
EV/Resource: Select Advanced Developers2 $2,998/oz Study LOM All-in $2,464/oz Sustaining Costs $2,279/oz $2,252/oz $2,311/oz $2,085/oz $2,131/oz $1,978/oz $1,787/oz $1,966/oz $1,679/oz (A$/oz Au) $344/oz $241/oz EV / Resource $144/oz (A$/oz Au) $122/oz $106/oz EV / Resource: $123/oz $92/oz $75/oz $7
Slide 12: 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 12
Slide 13: 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
Slide 14: 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
Slide 15: 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
Slide 16: 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
Slide 17: 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.
Slide 18: Contact
https://geopacific.com.au/ info@geopacific.com.au This presentation has been approved for release by the Board of Geopacific Resources Limited
Slide 19: Appendices
Appendices Additional Information 19
Slide 20: 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
Slide 21: Orange Mining Review 2023 – Identification of Solutions
Orange Mining Review 2023 – Identification of Solutions Orange Mining reviewed previous studies and works in 2023 Key findings: • Water management requires upgrading • Establishment of all weather roads is critical • This will require sourcing of road making material (i.e. quarries) • A substantial
Slide 22: Resolution of Lessons Learned
Resolution of Lessons Learned New leadership appointed with experienced MD leading Geopacific’s focus on Appoint leadership team with development 1 project execution, construction and operations - supported by new Done experience and market credibility construction/operations-oriented Chairman. AMC
Slide 23: Kulumadau Village Relocation
Kulumadau Village Relocation Original Kulumadau village relocated from within the mining pit boundaries Agreement reached with the community to relocate. • 223 houses to be built: • 172 completed • 3 and 4 bedroom • Solar power • Rainwater tank • Coconut seedlings • Kitchen unit • New school and chu
Slide 24: Kulumadau Village Relocation
Kulumadau Village Relocation Original Kulumadau village relocated from within the mining pit boundaries Agreement reached with the community to relocate. • 223 houses to be built: • 172 completed • 3 and 4 bedroom • Solar power • Rainwater tank • Coconut seedlings • Kitchen unit • New school and chu
Slide 25: Kulumadau Village Relocation
Kulumadau Village Relocation Original Kulumadau village relocated from within the mining pit boundaries Agreement reached with the community to relocate. • 223 houses to be built: • 172 completed • 3 and 4 bedroom • Solar power • Rainwater tank • Coconut seedlings • Kitchen unit • New school and chu
Slide 26: Kulumadau Village Relocation
Kulumadau Village Relocation Original Kulumadau village relocated from within the mining pit boundaries Agreement reached with the community to relocate. • 223 houses to be built: • 172 completed • 3 and 4 bedroom • Solar power • Rainwater tank • Coconut seedlings • Kitchen unit • New school and chu
Slide 27: Kulumadau Village Relocation
Kulumadau Village Relocation Original Kulumadau village relocated from within the mining pit boundaries Agreement reached with the community to relocate. • 223 houses to be built: • 172 completed • 3 and 4 bedroom • Solar power • Rainwater tank • Coconut seedlings • Kitchen unit • New school and chu
Slide 28: Community Consultation
Community Consultation An ongoing and continuous dialogue with the Woodlark Island communities 28
Slide 29: Community Consultation
Community Consultation An ongoing and continuous dialogue with the Woodlark Island communities 29
Slide 30: Community Consultation
Community Consultation An ongoing and continuous dialogue – resulting in willing consent 30
Slide 31: Community Consultation
Community Consultation An ongoing and continuous dialogue – resulting in willing consent and celebration 31
Slide 32: Improved Woodlark Island accessibility
Improved Woodlark Island accessibility • Airstrip currently accessible for King Air and Twin Otter sized aircraft ✓ GPR plans to apply for approvals to upgrade airstrip for larger aircraft • Wharfs at Guasopa and Boi Boi both require considerable upgrades. ✓ Additional new wharf planned for Wamunon
Slide 33: Mine Plan: Annual Mining Tonnage by Deposit
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
Slide 34: 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
Slide 35: Appendix: Peer Group Sources
Appendix: Peer Group Sources1 Mineral Resource Estimate Technical Study Company Project Exchange Filing Date Exchange Filing Title Exchange Filing Date Exchange Filing Title Rox Resources Youanmi 17-Feb-26 RIU Explorers Conference Presentation 13-Nov-25 DFS confirms high-grade, high-margin gold prod
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