Resolute Mining Limited · ASX:RSG
Resolute Mining — Merger or Acquisition (May 2025)
15 slides from Resolute Mining's merger presentation, May 1, 2025
Slide 1: Acquisition of the Doropo & ABC Projects in Côte d'Ivoire
Acquisition of the Doropo & ABC Projects in Côte d’Ivoire ASX/LSE - RSG 1 May 2025 1
Slide 2: Disclaimer
This presentation contains information about Resolute Mining Past performance information given in this presentation is for The Doropo and ABC Project Mineral Resource estimates are Limited (Resolute or the Company) and its activities that is illustrative purposes only and should not be relied upon
Slide 3: Transaction Overview
Transaction Overview Acquisition of AngloGold Ashanti’s Doropo and ABC projects in Côte d’Ivoire for a combination of › Structure cash and contingent consideration, as well as the transfer of Resolute’s Guinean Permits US$150 million cash consideration: o US$25 million upfront cash consideration on
Slide 4: Transaction Highlights
Transaction Highlights Accretive transaction adding key diversification Potential growth to >500koz pa Doropo adds tangible near-term growth1 Growth Areas for 700 potential Tangible, near-term growth potential which charts path to over 500koz Potential growth to 600 >500koz pa future growth: Enh
Slide 5: Expanded Portfolio
Expanded Portfolio Acquisition increases portfolio exposure in Côte d’Ivoire RESOLUTE’S PORTFOLIO Mako Mine Senegal Producing Mine (2025 guidance: 80-90koz) Syama Mine Mali Producing Mine (2025 guidance: 195-210koz) Doropo Côte d’Ivoire Development Project (Reserve: 1.88Moz at 1.53g/t)1 ABC Project
Slide 6: Cote d'Ivoire Portfolio
Cote d’Ivoire Portfolio Three gold projects across the development stages in Côte d’Ivoire DOROPO - DEVELOPMENT PROJECT Mali Burkina Faso LOCATION Northeastern Bounkani region, 480km north of Abidjan TOTAL RESERVE 1.88Moz grading 1.53g/t NEXT STEPS Advancing to construction decision end 2025 (subjec
Slide 7: Doropo – Project Overview
Doropo – Project Overview A well-known gold development asset HISTORY Progressed through to DFS (July 2024) by Centamin Environmental permit awarded in Q2 2024 AngloGold acquired project in Q4 2024 Mineral Resources1 Gold Content Category Tonnage (Mt) Au Grade (g/t) (Moz) Measured 1.5 1.60 0.1
Slide 8: Doropo – 2024 DFS Summary
Doropo – 2024 DFS Summary 2024 DFS outlines a robust, high-margin project Project Metrics DFS (US$1,900/oz gold price assumption) 2024 DFS PRODUCTION SCHEDULE1 Mine Life 10 Years Recovered gold (Koz) All-in sustaining cost (US$/oz) Resources (Au) 3.4 Moz 1,400 225 1,346 250 213 208 1,200 200 1,190 1
Slide 9: ABC Project Overview
ABC Project Overview Greenfield project with over 2 Moz of Resources and potential to grow GEOLOGY Consisting of three permits, covering a highly prospective area along the contact zone between the Archean and Birimian cratons Exploration to date has delineated a north-south trending gold-minera
Slide 10: Preliminary Timeline & Funding
Preliminary Timeline & Funding Resolute is fully equipped to rapidly advance Doropo toward production MINING LICENSE APPLICATION PRELIMINARY PROJECT TIMELINE Exploitation permit is being processed and could be Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2025 2025 2025 2026 2026 2026 2026 2027 202
Slide 11: Conclusion
Conclusion Transformative acquisition that adds a high-quality development-stage project in a premier mining jurisdiction A highly accretive transaction with a compelling consideration structure Doropo is a robust 10+ year high-margin gold project with significant potential upside ABC Projec
Slide 12: Appendix
Appendix www.rml.com.au 12
Slide 13: Appendix A: Doropo Project Mineral Resource Estimate
Appendix A Doropo Project Mineral Resource Estimate DOROPO MINERAL RESOURCE NOTES Mineral Resources (0.3 g/t Au COG) • Mineral Resource Estimate remains as published by Centamin plc on 24 January 2024 and is based on available data as at 31 October 2023 Category Tonnage (Mt) Au Grade (g/t) Gold Cont
Slide 14: Appendix B: Doropo Project Mineral Reserve Estimate
Appendix B Doropo Project Mineral Reserve Estimate DOROPO MINERAL RESERVE NOTES Mineral Reserves • Mineral Reserve Estimate remains as published by Centamin plc on 18 July 2024 • The Mineral Reserve is reported according to CIM Definition Standards for Mineral Category Tonnage (Mt) Au Grade (g/t) Go
Slide 15: Appendix C: ABC Project Mineral Resource Estimate
Appendix C ABC Project Mineral Resource Estimate Deposit Oxidation Indicated Inferred Gold Gold Tonnage Au Grade Tonnage Au Grade Content Content (Mt) (g/t) (Mt) (g/t) (Moz) (Moz) Transported - - - 0.1 1.2 0.0 Kona Oxidised - - - 1.0 1.0 0.03 South Transitional - - - 1.0 1.0 0.03 Fresh - - - 29.0 1.