Allied Gold Corporation · TSX:AAUC
Allied Gold — Corporate Update (February 2025)
24 slides from Allied Gold's corporate update, Feb 20, 2025
Slide 1: 2025 Guidance and Outlook
TSX: AAUC 2025 Guidance and Outlook February 20, 2025
Slide 2: Disclaimers
Disclaimers CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION AND STATEMENTS This presentation contains "forward-looking information" and future-oriented financial information (“FOFI”) within the meaning of applicable Canadian securities legislation. Except for statements of historical fact
Slide 3: Unparalleled Optionality and Growth
Unparalleled Optionality and Growth(1) Large existing New discoveries being Growing production and mineral inventory identified and proven lowering costs Allied Gold has a unique presence on two of the world’s most abundant gold belts: the Birimian Greenstone Belt and the Arabian-Nubian Shield Notes
Slide 4: Well Positioned to Deliver on Growth and Realize Upside Optionality
Well Positioned to Deliver on Growth and Realize Upside Optionality(1) Significant in- Fully permitted Geopolitically Fiscal stability country knowledge mines and established in each jurisdiction and presence development stage jurisdictions in which projects with for mining we operate established Co
Slide 5: Preliminary Fourth Quarter Performance
Preliminary Fourth Quarter Performance(1) Q4 was materially stronger, showcasing an annualized Q4 2024 Production | 99,632 ounces of gold production platform between 375,000 to 400,000 oz per annum • Fourth-quarter production gains were driven by strong contributions from Korali-Sud at Sadiola, and
Slide 6: 2025 Guidance
2025 Guidance(1) 2025 is set to deliver increased production YoY, while advancing Gold Production Mine-Site All-in our transformational growth Cash Costs(2) Operating 375,000 – 400,000 Sustaining Costs(2) projects across the Company’s $1,540-$1,620/oz ounces $1,690-$1,790/oz portfolio Expansionary T
Slide 7: Sadiola
Sadiola 2025 Guidance(1) Au Production (Au oz) 200,000 – 205,000 Cash Costs 1,630 – 1,715 (US$/oz)(2) Mine-Site AISC 1,650 – 1,735 (US$/oz) (2) Sustaining Capex 2 US$ million Expansionary Capex 70 US$ million Exploration 6 US$ million Period Operations Projects and Sustaining Exploration 2025 Guidan
Slide 8: Sadiola Expansion Progress
Sadiola Expansion Progress Construction Team Safety Gathering Site Overview, Mill foundation, conveyor foundations Rebar and Concrete Mill Foundation 7
Slide 9: Sadiola Exploration
Sadiola Exploration(1) Support and enhance first phase expansion, looking to improve upon of the base plan adding low-cost oxide ounces in the short term to increase production and cashflows • Newly discovered mineralization of Sekekoto West in 2024 partially converted into Mineral Reserves and it r
Slide 10: Bonikro
Bonikro 2025 Guidance(1) Au Production 98,000 – 105,000 (Au oz) Cash Costs 1,230 – 1,300 (US$/oz)(2) Mine-Site AISC 1,500 – 1,585 (US$/oz) (2) Sustaining Capex 67 US$ millions Expansionary Capex 1 US$ millions Exploration 6 US$ millions Period Operations Projects and Sustaining Exploration 2025 Guid
Slide 11: Agbaou
Agbaou 2025 Guidance(1) Au Production 77,000 – 90,000 (Au oz) Cash Costs 1,630 – 1,715 (US$/oz)(2) Mine-Site AISC 2,050 – 2,160 (US$/oz) (2) Sustaining Capex 30 US$ million Expansionary Capital 1 US$ million Exploration 3 US$ million Period Operations Projects and Sustaining Exploration 2025 Guidanc
Slide 12: Côte d’Ivoire Exploration
Côte d’Ivoire Exploration(1) Increase mineral inventories to extend mine life and improve production profile with the addition of oxide ounces at Agbaou Oume (Dougbafla prospects) • In 2024 achieved significant conversion of Inferred Mineral Resources into Indicated Mineral Resources, with a more re
Slide 13: Kurmuk
Kurmuk 2025 Guidance(1) Expansionary Capex 280 US$ million Exploration 5 US$ million Period Operations Projects Exploration 2025 Guidance • Mining activities are planned to start in late Q1 • Construction activities are progressing well and • Expected update Mineral Resources and 2025 with the objec
Slide 14: Kurmuk Progress Update
Kurmuk Progress Update Construction Water Dam Camp and site overview Structural Fill Plant Area 13
Slide 15: Kurmuk Progress Update
Kurmuk Progress Update Construction Water Dam Construction Team Safety Gathering Main Water Dam Earthworks Dish Mountain Mineralized Structure 14
Slide 16: Kurmuk Exploration
Kurmuk Exploration(1) Dish Mountain and Ashashire • A detailed litho-structural surface map of Dish Mountain has been generated, utilizing numerous rock exposures uncovered during construction activities • Exploration and infill drilling progressed well in 2024 around Dish Mountain, defining several
Slide 17: Significant Near-term Growth with Longer-term Upside
Significant Near-term Growth with Longer-term Upside(1) Increasing production and cost improvements are set to deliver robust EBITDA(2) growth, exceeding the rate of ~600 production growth Short-term: Increasing YoY production with additional oxide 375-400 ore feed and Phase 1 expansion at Sadiola,
Slide 18: Mineral Reserves and Mineral Resources Update
Mineral Reserves and Mineral Resources Update(1,2) • Revised Design Process: Review of mining design parameters, leading to the adoption of more conservative assumptions, especially regarding operational factors such as mining selectivity and dilution at the CDI operations • At Sadiola, update econo
Slide 19: Mineral Reserves and Mineral Resources
Mineral Reserves and Mineral Resources As of December 31, 2024 Proven Mineral Reserves Probable Mineral Reserves Total Mineral Reserves Mineral Property Tonnes (kt) Grade (g/t) Content (koz) Tonnes (kt) Grade (g/t) Content (koz) Tonnes (kt) Grade (g/t) Content (koz) Sadiola Mine 18,427 0.50 295 131,
Slide 20: Appendix
APPENDIX Gacliied ie Be leon corp oe
Slide 21: Appendix A Year-End 2024 Mineral Reserves and Resources
Appendix A Year-End 2024 Mineral Reserves and Resources Reporting Notes SADIOLA AND KORALI SUD KURMUK Mineral Resources: Mineral Resources: • The Sadiola and Korali Sud Mineral Resource Estimates are listed at 0.5 g/t Au • The Kurmuk Mineral Resource Estimate is listed at 0.5 g/t Au cut-off grade an
Slide 22: Appendix A Year-End 2024 Mineral Reserves and Resources
Appendix A Year-End 2024 Mineral Reserves and Resources Reporting Notes BONIKRO AGBAOU Mineral Resources: Mineral Resources: • The Mineral Resource estimate for Bonikro is listed at 0.5 g/t Au cut-off grade, • The Agbaou Mineral Resource Estimate is listed at 0.5 g/t Au cut-off grade, constrained wi
Slide 23: Appendix B Non-GAAP Financial Measures
Appendix B Non-GAAP Financial Measures NON-GAAP FINANCIAL PERFORMANCE MEASURES The Company has included certain non-GAAP financial performance measures and ratios to supplement its Consolidated Financial Statements, which are presented in accordance with IFRS, including the following in this present
Slide 24: Appendix B Non-GAAP Financial Measures
Appendix B Non-GAAP Financial Measures AISC PER GOLD OUNCE SOLD AISC figures are calculated generally in accordance with a standard developed by the World Gold Council (“WGC”), a non-regulatory, market development organization for the gold industry. Adoption of the standard is voluntary, and the sta