Greatland Resources Limited · ASX:GGP
Greatland Resources — Investor Presentation (March 2025)
32 slides from Greatland Resources's investor presentation, March 2025
Slide 1: A New Australian Gold-Copper Producer
A New Australian Gold-Copper Producer 100% owner of Havieron and Telfer Corporate Presentation March 2025
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 Gold plc (Greatland or Company). This document and the info
Slide 3: Greatland is a leading new Australian gold and copper producer
Greatland is a leading new Australian gold and copper producer Havieron is a world-class, high-grade, Telfer is an established large-scale operating brownfield gold-copper development project gold-copper mine with one of the largest gold- discovered by Greatland in 2018 copper processing facilities
Slide 4: Favourable acquisition structure successfully executed
Favourable acquisition structure successfully executed US$450 million total consideration, comprising: Key recent and upcoming milestones Acquisition signed and announced 10 September 24 Cash US$162.0m 1 1 Successful US$334m equity raising closed 13 September 24 consideration Estimated further A$32.
Slide 5: Company overview
Company overview Telfer is an established large-scale operating gold-copper mine with one of the largest gold-copper processing Capitalisation1 facilities in Australia, located 45km from Havieron Share price (as at 7 Mar 2025 ) £0.10 A$0.21 Shares outstanding 13,079m 13,079m Havieron is a world-clas
Slide 6: The right team for value creation at Telfer and Havieron
The right team for value creation at Telfer and Havieron Experienced technical team… …with track record of creating value for shareholders… Greatland Years of Employee Prior role Position experience Shaun Day 2014 – 2021 1,188% Managing CFO Shaun Day 25+ Director Northern Star Simon Tyrrell 2016 – 2
Slide 7: ASX listing - targeted for June 25
ASX listing - targeted for June 25
Slide 8: ASX listing rationale
ASX listing rationale Greatland considers an ASX listing to be a key natural step towards achieving its strategic objectives ASX is the leading global exchange … and the primary listing venue for some of the … with access to the world’s second for metals & mining … world’s largest mining companies …
Slide 9: ASX listed mid-cap Australian gold companies
ASX listed mid-cap Australian gold companies Greatland ranks favourably within the ASX listed mid-cap Australian gold companies ASX listed mid-cap Australian gold companies Market Cap Group Gold Mineral (A$bn)1 Resources (Moz Au)2 6.0 15.2 16.0 13.6 13.2 14.0 5.0 12.3 5.1 12.0 4.0 10.2 4.0 3.5 8.7 1
Slide 10: Telfer - established mine & infrastructure
Telfer - established mine & infrastructure
Slide 11: December Month 2024 Results
December Month 2024 Results In the first 27 days of Telfer ownership 4 Dec 24 - 31 Dec 24: Mining Processing Production Open pit ore mined of 639kt at 0.60g/t Ore processed of 1,466kt at head grades 29.9koz Au and 1.2kt Cu, for 33.9koz Au, 0.06% Cu and underground ore mined of 0.77g/t Au and 0.11% C
Slide 12: Telfer has the third highest gold or gold-copper processing capacity in Australia
Telfer has the third highest gold or gold-copper processing capacity in Australia … Australian Gold or Gold-Copper Plant Processing Capacity Plant throughput (Mtpa) 45 Modular plant provides optionality: 40.0 Telfer is the only operating processing plant in the Paterson region 40 Telfer has two
Slide 13: Significant stockpiles at surface (as at 31 Dec 2024)
Significant stockpiles at surface (as at 31 Dec 2024) Greatland had Mineral Resource of more than 400koz contained gold in stockpiles (ROM and Low Grade) at the end of 31 Dec 2024 Telfer Stockpile Mineral Resource - ROM Ore and Low Grade (31 Dec 2024) Stockpiles Contained Gold ROM Ore Stockpiles Uni
Slide 14: Defined mine plan to produce +425koz AuEq
Defined mine plan to produce +425koz AuEq Mining Region Schematic Telfer (current 15-month mine plan)1 Mining inventory 12.3Mt ROM Stockpiles 9.6Mt2 21.9Mt Main Dome Processing inventory (incl. 9.6Mt ROM) West Dome Open Pit Open Pit Average Grade Processed 0.68 g/t Au / 0.10% Cu (g/t Au / Cu %) M-Re
Slide 15: Extension opportunity from a 3.2Moz gold Mineral Resource
Extension opportunity from a 3.2Moz gold Mineral Resource Greatland’s inaugural Telfer MRE announced in March 2025 delineated 3.2Moz Au + 117kt Cu Mineral Resource, confirming mine life extension potential West Dome Open Pit (Plan View) North Main Dome Open Pit Main Dome West Dome Underground Open P
Slide 16: Multiple extension opportunities outside the December 2024 Mineral Resource
Multiple extension opportunities outside the December 2024 Mineral Resource Unclassified mineralisation exists within and outside active mining areas with further drilling activities underway Stage 7 Extension Main Dome 4 Main Dome Cutback West Open Pit 5 Dome Open Pit Stage 7 1 Cutback ESC 6 Stage
Slide 17: Located within the rich, prospective and underexplored Paterson province
Located within the rich, prospective and underexplored Paterson province… Legend Legend Greatland (100%) Greatland (100%) Greatland – Rio Tinto Greatland – Rio Tinto Paterson South JV Greatland has an exploration portfolio covering ~2,300km2 Paterson South JV Rio Tinto (100%) Rio Tinto (100%) Cypr
Slide 18: Havieron – a world class asset
Havieron – a world class asset
Slide 19: Havieron is the second largest undeveloped gold project in Australia
Havieron is the second largest undeveloped gold project in Australia … Australian Gold Projects – Current Mineral Resource 1 Contained Oz 2 Resource Grade (Moz Au) (g/t AuEq) 12.0 10.0 11.2 Havieron Contained Oz (Moz) Contained Oz (Moz) Contained Oz (Moz AuEq) Grade (g/t Au) 9.0 10.0 9.0 8.0 7.0 8.0
Slide 20: With an exceptional vertical ounce profile
With an exceptional vertical ounce profile…. Ounces per vertical metre(1) (OPVM) has continued to increase with drilling Ounces are contained over a compact 650 metre strike, providing for efficient and cost-effective development of in- mine infrastructure ‒ Top 300m: averaging > 9,150 OPVM ‒ Top
Slide 21: Expected to become one of the ASX's top Australian gold mines
… and is expected to become one of the ASX’s top Australian gold mines ... ASX listed Australian gold mines – Annual attributable production (koz AuEq) & Milled Head Grade (g/t) 1 Annual recovered AuEq Milled Head Grade production (koz) Upside potential through: (g/t AuEq) 450 koz 10.0 421 Haviero
Slide 22: With lowest quartile cost positioning
With lowest quartile cost positioning … ASX listed Australian gold mines – All-in-sustaining-cost (US$/oz) 1 $4,000/oz Global gold mines AISC (US$/oz) 2 Q1: Q2: Q3: AISC (US$/oz) 3 $3,000/oz US$944/oz US$1,191/oz US$1,412/oz $2,000/oz $2,000/oz $1,000/oz - 1,734 1,682 - 1,612 1,620 1,637 25% 50% 75%
Slide 23: Havieron development and mine plan, significant development already complete
Havieron development and mine plan, significant development already complete Ore Body and Mine Development Schematic Havieron Mine Plan1 Mining throughput 2.8Mtpa Mining / processing inventory 51Mt Avg Grade Processed (g/t Au / Cu %) 2.74g/t Au / 0.32% Cu Surface Mining / Process Start Date H2 2026
Slide 24: Go forward plan
Go forward plan
Slide 25: Post-acquisition pathway
Post-acquisition pathway Greatland has a clear pathway with significant upcoming potential value catalysts, both operational and corporate 2024 2025 2026 2027 Acquisition ASX cross-listing Completed Jun Q 1 4 Dec 2024 Telfer high confidence 15-month mine plan 2 to produce 426koz AuEq (374koz Au + 13
Slide 26: Funding and Hedging Facilities
Funding and Hedging Facilities Debt finance support and hedging in place with Tier 1 banking syndicate ANZ, HSBC and ING Bank 1 2 3 Telfer Debt Facilities Gold Puts Hedging Havieron Debt Facilities A$100m Syndicated Facility Agreement with ANZ, In connection with the Telfer Debt Facilities, Non-bind
Slide 27: Creating a new ASX-listed Australian gold-copper producer
Creating a new ASX-listed Australian gold-copper producer Building upon a highly accretive acquisition underpinned by compelling strategic rationale WA 79 Au 29 Cu Gold Copper Havieron Quality Control of Telfer Production Telfer Premium Commodity Destiny and Upside Infrastructure Jurisdiction Mix
Slide 28: Appendices
Appendices
Slide 29: Executive team Board of directors
Executive team Board of directors Shaun Day Mark Barnaba Managing Director Non-Executive Chairman Mining and infrastructure focused finance executive Deputy Chairman of Fortescue Metals Group Previously CFO of Northern Star Resources, Sakari Resources and Straits Resources Previously Board M
Slide 30: Greatland's broader explorational opportunities (beyond Paterson Province)
Greatland’s broader explorational opportunities (beyond Paterson Province) Active exploration campaign beyond the Paterson Province with untested prospective greenstone belt at Ernest Giles, Panorama and Mt Egerton Land Size Project Area Mineral Deposit Description (km2)(1) • Located approximately 2
Slide 31: Mineral Resource & Ore Reserve statement
Mineral Resource & Ore Reserve statement Table 1: Greatland December 2024 Group Mineral Resource Estimate (1) Table 3: Greatland Havieron December 2023 Mineral Resource Estimate (3) Tonnage Grade Metal content AuEq Tonnage Grade Metal content Metal(3) Domain Classification (Mt) Au (g/t) Cu (%) Au (M
Slide 32: For further information
For further information info@greatlandgold.com https://greatlandgold.com
Greatland Resources — Investor Presentation (March 2025) on 6ix