Greatland Resources Limited · ASX:GGP
Greatland Resources — Q1 2026 Earnings Presentation
19 slides from Greatland Resources's earnings presentation, Apr 28, 2026
Slide 1: A Leading Australian Gold-Copper Producer
For personal use only A Leading Australian Gold-Copper Producer 100% owner of Telfer and Havieron March 2026 Quarter Presentation 28 April 2026
Slide 2: Disclaimer
Disclaimer The summary information contained in this document has been provided solely for information purposes and does not purport to be comprehensive or contain all the information that may be required by recipients to evaluate Greatland Resources Limited (Greatland or Company). This document and
Slide 3: Important Information
Important Information Production Target The information in this presentation that relates to the Feasibility Study for the Havieron Project (FS) and its outcomes, and the FS Life of Mine (LOM) Production Target (and the forecast financial information derived from the Production Target) are extracted
Slide 4: Results and Performance Highlights
For personal use only Results and Performance Highlights
Slide 5: March 2026 Quarter Results
March 2026 Quarter Results Production Sales Cash & Finance For personal use only Production of 82.7koz Au and 4.1kt Cu at Sales of 97.8koz Au and 4.6kt Cu at Operating cash flow of $453m (Dec Q: $406m) AISC of $2,056/oz average realised price of $6,773/oz Record cash build of $260m (Dec Q: $198m) FY
Slide 6: March 2026 Quarter Results
For personal use only March 2026 Quarter Results
Slide 7: Operations - Mining
Operations - Mining March Quarter ore mined to mill from open pit of 3.63Mt at 0.49g/t Au and underground of 0.31Mt at 2.08g/t Au Mining Areas for the Quarter Ore Mined to Mill and Dump Leach kt Open Pit Ore Mined (Mill Feed) g/t 54% For personal use only 0.64 0.8 4,000 0.59 0.60 0.58 3,630 0.6 3,00
Slide 8: Operations - Processing
Operations - Processing Production of 82.7koz Au and 4.1kt Cu, with gold recovery of 88.4%, maintaining the high YTD recovery Ore Milled (kt) and Head Grade (g/t Au) Summary kt g/t Au ▪ 4.82Mt processed with average head grade of 0.59g/t Au & 0.10% Cu 0.68 For personal use only 7,500 0.65 0.75 ▪ Exc
Slide 9: Costs, AISC and Average Realised Price
Costs, AISC and Average Realised Price March Quarter AISC of A$2,056/oz, AISC margin of over $4,700 per ounce AISC Cost Buildup (A$m) Average Realised Price and AISC (A$/oz) AISC Average Realised Price and AISC (A$/oz) For personal use only Costs (A$m) 6,773 7,000 $6,301 250 191.7 189.5 170.1 174.5
Slide 10: Cash Flow and Finance
Cash Flow and Finance $453m operating cash flow and closing cash of $1,208m at end of March Quarter Dec Q 2025 Cash Flow Key Quarterly Financials Au Sold Cu Sold Net Revenue Operating CF For personal use only (28.7) (12.0) 1,288.2 97,800oz 4,620t $742m $453m (72.6) 1,208.2 (35.6) (27.5) Total Liquid
Slide 11: Significant Progress of Planned Growth Capital Initiatives
Significant Progress of Planned Growth Capital Initiatives Key investments in Telfer life extension well underway Growth Initiatives Quarterly Commentary Telfer Growth Capital For personal use only ▪ TSF8 Stage 3 lift complete TSF8 Stage 3 and 4 lifts ▪ TSF8 Stage 4 lift commenced in April West Dome
Slide 12: Telfer and O'Callaghans Resource Update
For personal use only Telfer and O’Callaghans Resource Update
Slide 13: Investment has Delivered Meaningful Upgrades to Resources
Investment has Delivered Meaningful Upgrades to Resources Investment is being made across mine development, infrastructure and fleet for multi-year life extension at Telfer Greatland has almost doubled its Resource since taking control of Telfer and Havieron, supporting a long-life operation… Group
Slide 14: Telfer's Recent Resource Upgrade in Pictures
Telfer’s Recent Resource Upgrade in Pictures For personal use only Greatland Mineral Resources estimate – Telfer grows 4.8Moz to 8.0Moz1 Measured Indicated Inferred Total Au Cu Au Cu Au Au Cu Au Au Cu Au Cu Domain Mt g/t % Mt g/t % Moz Mt g/t % Moz Mt g/t % Moz kt Havieron 50 2.56 0.33 4.1 81 1.09 0
Slide 15: O'Callaghans at a Glance
O’Callaghans at a Glance O’Callaghans is one of the largest high-grade tungsten deposits globally with strategic advantages supporting development O’Callaghans is a key strategic asset for Greatland 2025 O’Callaghans Mineral Resource Statement1,2 Tungsten Trioxide Tonnes Copper Zinc Lead (WO3) For p
Slide 16: Conclusion
For personal use only Conclusion
Slide 17: March 2026 Quarter Summary and Outlook
March 2026 Quarter Summary and Outlook YTD Production Record Cash Flow FY26 Guidance Resource Upgrade Resource Drilling Reserve Update For personal use only 249.9koz produced at Operational cash flow Production around, or Significant resource Record 240km FY26 Reserve update AISC of $2,136/oz YTD of
Slide 18: For further information
For personal use only For further information info@greatland.com.au https://greatland.com.au Muddled 'X' rebrand of Twitter kills the blue bird | Marketing Mag
Slide 19: Appendix: Tungsten Mineral Resource Estimate Benchmarking Sources
Appendix: Tungsten Mineral Resource Estimate Benchmarking Sources Tonnage Grade Contained Metal Link Mine / Project Ownership (Mt) WO3 %) (kt WO3) Hemerdon Tungsten West 327 0.12% 409 Link Northern Dancer Largo 425 0.10% 405 Link Mactung Fireweed Metals 54 0.70% 374 Link For personal use only Sisson