Slide 1: Unlocking Youanmi's Growth Potential
ASX: RXL For personal use only Unlocking Youanmi’s Growth Potential Aspiring to 150kozpa and Beyond Diggers & Dealers | August 2026
Slide 2: Important Information and Disclaimer
Important Information and Disclaimer ASX: RXL Important - you must read the following before continuing Not investment advice This presentation does not constitute investment advice and has been prepared without taking into account the recipient's The following notices and disclaimers apply to this
Slide 3: Important Information and Disclaimer
Important Information and Disclaimer ASX: RXL Production Target Metallurgical Results The Production Target (and forecast financial information derived from the Production Target) referred to in this announcement is The information in this presentation that relates to metallurgical results is based
Slide 4: Aspiration to Grow Towards 150kozpa Gold Production
Aspiration to Grow Towards 150kozpa Gold Production1 ASX: RXL Globally recognised, premier gold province Experienced team with proven record For personal use only Located in the central Youanmi Greenstone Belt within Experienced team with proven record in developing the Southern Cross Province of th
Slide 5: Strong DFS to FID milestone
Strong DFS to FID milestone1 ASX: RXL Low-cost, high-margin mine with a strong base plan and significant growth upside For personal use only Low cost & Average 117koz pa Compelling NPV and High-grade reserve Fully high margin production profile IRR and resource funded • Low AISC of A$1,978/oz • Prod
Slide 6: Accelerated delivery of Youanmi
Accelerated delivery of Youanmi ASX: RXL Execution-focused, proven development team with strong on-time, on-budget delivery to date For personal use only Commenced Underground DFS & Construction Final Executed Mill under Management Start of Site Mining A$200m Permits Investment Fixed Cost Constructi
Slide 7: Building high-grade ore stockpiles
Building high-grade ore stockpiles ASX: RXL Ore development advancing with multiple high-grade mining fronts • Ore development now underway on two levels, with multiple ore drives For personal use only • Orebody exhibits strong visual continuity, aligning closely with the geological model • Mining i
Slide 8: Significantly de-risked pathway to first gold
Significantly de-risked pathway to first gold ASX: RXL CY25 CY26 CY27 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Key Project First Deliverables DFS Funding and FID Mill construction and commissioning Operating Milestones gold For personal use only Drilling Definition, Extension, Growth Resource Definition, Growth a
Slide 9: Growth Potential Beyond the DFS Mine Plan
Growth Potential Beyond the DFS Mine Plan ASX: RXL The Company’s aspiration is to become a +150kozpa gold producer1 DFS Base Case Gold Produced (kozpa Au) For personal use only The Opportunity: 150 Increasing Production Rates & Extending Mine Life • DFS mine plan throughput of 900ktpa vs 1,000ktpa n
Slide 10: Demonstrated High-Grade Beyond the Mine Plan
Demonstrated High-Grade Beyond the Mine Plan ASX: RXL For personal use only Base Mine Plan is the starting point • Underground drilling commenced • Surface infill programs ahead of mining completed • Nominal 20m x 20m spacing, tighter as required, intent to have +12mths drilled ahead of mining ~ 50,
Slide 11: Pipeline to Lift Production & Extend Mine Life
Pipeline to Lift Production & Extend Mine Life ASX: RXL For personal use only Substantial pipeline of near- mine growth targets • Strong opportunities to unlock more potential in the Mine Plan with further planned drilling along strike and down dip • Underground drilling to fast-track reserve conver
Slide 12: Regional exploration potential – unlocking a large system
Regional exploration potential – unlocking a large system ASX: RXL >60km strike on Youanmi Shear Zone For personal use only • Under explored ➢ 2025 Aeromagnetic interpretation identifies previously unidentified structural analogue to Youanmi ➢ Drilling historically focused around Youanmi and Penny •
Slide 13: Team, Vision, Mission
Team, Vision, Mission ASX: RXL Board of Directors Management Experienced team For personal use only Stephen Dennis Non-Executive Chair Greg Hoskins CFO & Company Secretary with proven record in developing Phillip Wilding Oliver Keene Australian gold Managing Director & CEO General Manager - Operatio
Slide 14: Corporate information
Corporate information ASX: RXL Capital structure (31 July 2026) Analyst Coverage Media Coverage For personal use only Shares on Issue 1,393m Share Price A$0.385 Market Capitalisation A$536m Performance Rights 29.7m Cash and cash equivalents1 A$152.7m L1 Capital $0.70 50 Other 19.1% 45 $0.60 33.0% 40
Slide 15: Investment highlights
Investment highlights ASX: RXL • Pre-production and stockpiling commenced Production • First gold pour mid-2027 pathway For personal use only • Production ramp up from late 2027 with initial 7-year life-of-mine • High-grade ore reserve declared 4.4 MT @ 4.8 g/t for 674koz High-grade • Initial mine p
Slide 16: Thank You
ASX: RXL For personal use only Thank You Level 1, 87 Colin Street, West Perth, Western Australia 6005 + 61 (8) 9226 0044 www.roxresources.com.au rox-resources admin@roxresources.com.au
Slide 17: Low All-In Sustaining Cost and Capital
Low All-In Sustaining Cost and Capital ASX: RXL Pre-Production Capital Costs A$m LOM C1 Cash Cost and AISC Breakdown1 Processing Facilities 217 For personal use only (A$/oz) Site Infrastructure 17 $2,000 $209 $1,978 $179 Underground Mining 28 $1,800 $1,600 $93 $1,590 Tailings Storage Facility 12 $59
Slide 18: DFS Production target
DFS Production target ASX: RXL Ounces (oz) Ounces Mined and AISC A$/ounce 200,000 $3,000 For personal use only 180,000 $2,700 160,000 $2,400 140,000 $2,100 120,000 $1,800 100,000 $1,500 80,000 $1,200 60,000 $900 40,000 $600 20,000 $300 - $0 FY 2027 FY 2028 FY 2029 FY 2030 FY 2031 FY 2032 FY 2033 FY
Slide 19: Processing
Processing ASX: RXL SIMPLE FLOWSHEET TO PRODUCE GOLD DORÉ AVERAGING 117KOZ PER ANNUM – RECOVERIES ESTIMATED AT 90.8%, WITH EXTRA PLANT CAPACITY Understood metallurgy, simple flowsheet For personal use only 92% of gold associated with sulphides, 60% of gold classified as free milling Sulphide combina
Slide 20: High-grade ore reserve
High-grade ore reserve ASX: RXL For personal use only Existing decline to ~600m below surface Ore Reserve Tonnes (Mt) Grade (g/t Au) Contained Ounces (koz) Proved Underground Ore Reserve - - - Probable Underground Ore Reserve 4.4 4.8 674 Total Underground Ore Reserve 4.4 4.8 674 Diggers & Dealers |
Slide 21: Plan view and United North section
Plan view and United North section ASX: RXL For personal use only Diggers & Dealers | August 2026 21
Slide 22: Sections Youanmi Main (Nth) and Prospect
Sections Youanmi Main (Nth) and Prospect ASX: RXL For personal use only Diggers & Dealers | August 2026 22