Pc Gold Ltd. · ASX:PC2
Pc Gold — Investor Presentation (July 2026)
20 slides from Pc Gold's investor presentation, Jul 21, 2026
Slide 1: Interim MRE Update Delivers Quantum Scale Increase
PC GOLD LTD For personal use only INTERIM MRE UPDATE DELIVERS QUANTUM SCALE INCREASE JULY 2026 PC Gold Limited ACN 609 609 047 ASX:PC2 FSE: D6A PC GOLD INVESTOR PRESENTATION ASX: PC2 1
Slide 2: Investment Highlights
INVESTMENT HIGHLIGHTS 100% Owned Spring Hill Gold Project – Tier 1 Jurisdiction Granted ML, No Native Title, Large Goldfield in the Northern Territory. For personal use only 84% increase to MRE, Global Resource of 1.51 Moz Au at 1.1 g/t Au 1Moz Au Indicated at 1.1 g/t Au (Up 136%) – growth driven by
Slide 3: A Resource Built to Grow
A RESOURCE BUILT TO GROW INTERIM MRE (25 APRIL 2026 CUT-OFF) – OPEN IN EVERY DIRECTION, WITH ~40,000M OF DRILLING ALREADY UNDERWAY For personal use only 1.51 Moz 1.0 Moz ~40,000m INTERIM MRE INDICATED – UP 135% DRILLING UNDERWAY at 1.1 g/t Au Confidence to drive the PFS Post 25 April assay cut-off N
Slide 4: Spring Hill Gold Project: Achievements Since Oct '25 IPO
SPRING HILL GOLD PROJECT ACHIEVEMENTS SINCE OCT ‘25 IPO • 25,900m drilled and assayed safely to 25 April 2026 o Interim MRE up 84%, Indicated Resource up 136% For personal use only • Discovery of Macau Link Zone and identification of potential repeat Link zones. • Photon Assay technology adopted and
Slide 5: Scale and Grade Potential Still Evolving
SPRING HILL GOLD PROJECT SCALE AND GRADE POTENTIAL STILL EVOLVING – FOCUS FOR REMAINDER 2026 • High-grade bulk tonnage sheeted vein system – typical of major Pine Creek deposits. • Three key zones defined across a +3 km corridor north of the MRE. For personal use only • Bulk-tonnage open pit / under
Slide 6: 2026 Interim MRE Headline Numbers
2026 INTERIM MRE HEADLINE NUMBERS UPDATED MINERAL RESOURCE UP 84% TO 1.51 MOZ AU VS JUNE 2024 JUNE 2024 UPDATED 2026 MRE For personal use only Category Mt g/t Oz Au Mt g/t Oz Au Indicated 13.0 1.0 424,000 28.8 1.1 1,003,000 Inferred 12.6 1.0 397,000 14.7 1.1 510,000 TOTAL 25.6 1.0 821,000 43.5 1.1 1
Slide 7: Updated Long Section of the Resource at 1.51Moz
SPRING HILL GOLD PROJECT UPDATED LONG SECTION OF THE RESOURCE AT 1.51Moz – 1.2KM STRIKE LENGTH 1.2KM OPEN For personal use only PC GOLD INVESTOR PRESENTATION ASX: PC2 7
Slide 8: 2026 MRE Methodology
2026 MRE METHODOLOGY PC GOLD’S LIK GRADE ESTIMATION FLOWS DIRECTLY INTO ORE RESERVE Localised Indicator Kriging (LIK) used for bulk tonnage assessment other than Link Zone domain. For personal use only What is LIK? Why It Aligns With Reserve Block Models LIK estimates grade block-by-block, at the Ma
Slide 9: Mineral Resource by Zone
MINERAL RESOURCE BY ZONE TOTAL RESOURCE UP 84% TO 1.51 MOZ AU, LED BY HK/MACAU, MAIN GROWTH AND THE NEW LINK ZONE JUNE 2026 MRE JUNE 2024 MRE For personal use only Zone Tonnes g/t Oz Au Tonnes g/t Oz Au INDICATED Hong Kong / Macau 18,852,298 0.9 563,000 10,911,980 1.0 342,200 Macau Link 689,873 5.2
Slide 10: 2026 MRE Cut-off Grade Assessment
2026 MRE CUT-OFF GRADE ASSESSMENT VERY ROBUST MRE ACROSS ALL CUT-OFF GRADES For personal use only PC GOLD INVESTOR PRESENTATION ASX: PC2 10
Slide 11: Strike of 1.2km - Grade Intensity Improves at Depth
STRIKE OF 1.2KM - GRADE INTENSITY IMPROVES AT DEPTH AVERAGE OUNCES PER VERTICAL METRE RISE SHARPLY ON HITTING LINK ZONE AND STAY HIGH ABOVE 365M For personal use only “Average OVM ~2,600” PC GOLD INVESTOR PRESENTATION ASX: PC2 11
Slide 12: Resource Excludes These Results
RESOURCE EXCLUDES THESE RESULTS CONTINUATION OF RECENT DRILLING SUCCESS POST MRE CUT-OFF MACAU LINK ZONE DISCOVERY HONG KONG For personal use only • 9.5m @ 3.04 g/t Au from 189.6m & 6.0m @ 5.16 g/t Au from • 113m @ 1.14 g/t Au from surface, including 18m @ 4.62 g/t Au 209.6m (SDH26-007) from surface
Slide 13: High-Grade Underground Potential
HIGH-GRADE UNDERGROUND POTENTIAL LINK ZONE DISCOVERIES & RE-OPENING OF THE HISTORICAL ADIT TARGETING HIGH-GRADE UG OPPORTUNITY LINK ZONE DISCOVERIES For personal use only • Historical drilling intersecting the pelite layers within the modelled stratigraphy are reporting much higher gold grades than
Slide 14: 2026 Work Program Ahead
SPRING HILL GOLD PROJECT 2026 WORK PROGRAM AHEAD For personal use only DRILLING – 40,000m in 2026 not in MRE FEASIBILITY STUDY WORK Four rigs currently operating (three Diamond, one RC), driving rapid resource PFS work ongoing - Due in late 2H, 2026 growth and resource conversion. More ounces to be
Slide 15: More Information
For personal use only MORE INFORMATION Ashley Pattison Investor Relations Executive Chair & CEO Paul Berson T: +61 8 6313 3996 T: +61 (0) 421 647 445 E: admin@pcgold.com.au E: paul@corporatestorytime.com U38/460 Stirling Highway Peppermint Grove WA 6011 Australia pcgold.com.au PC GOLD INVESTOR PRESE
Slide 16: Capital Structure and Shareholders
CAPITAL STRUCTURE SHAREHOLDERS Share Price (15-Jul-26) Cash3 34.8% 22.8% Institutional $1.10 $22M For personal use only Rivi Opportunity Fund 2 Management 2 Other – ~900 shareholders 23.8% 18.6% Shares on Issue Market Cap 314M 1,2 ~$350M SHARE PRICE PERFORMANCE Price ($) Volume (m) $1.60 10.0 BROKER
Slide 17: Board & Management
BOARD & MANAGEMENT For personal use only Ash Pattison Rob Jewson Kevin Puil John Menzies John Lewis EXECUTIVE CHAIR / CEO NON-EXEC DIRECTOR NON-EXEC DIRECTOR NON-EXEC DIRECTOR NON-EXEC DIRECTOR / COMPANY SECRETARY Peter Harris Wei Li Emer McGowan Geoffrey Eupene Sean Church CHIEF OPERATING GM - GEOL
Slide 18: Spring Hill within Pine Creek Goldfield
SPRING HILL GOLD PROJECT SPRING HILL WITHIN PINE CREEK GOLDFIELD • World-class +20 Moz Pine Creek goldfield, NT – a premier Australian gold province. For personal use only • Idle 2.4 Mtpa Union Reef CIL plant just 26 km by road; three new CIL plants permitted nearby in 18 months. • Established infra
Slide 19: Disclaimer & Competent Persons Statement
19 DISCLAIMER & COMPETENT PERSONS STATEMENT IMPORTANT NOTICE AND DISCLAIMER The following important notice and disclaimer applies to this investor presentation and you are therefore General advised to read this carefully before making any use of this presentation or any information contained in this
Slide 20: Disclaimer & Competent Persons Statement (cont.)
DISCLAIMER & COMPETENT PERSONS STATEMENT (cont.) COMPETENT PERSONS STATEMENT – RESOURCES COMPETENT PERSONS STATEMENT – EXPLORATION TARGET For personal use only The information in this presentation that relates to the estimation and reporting of Mineral The information in this Presentations that rela