South32 Ltd. · ASX:S32
South32 — H1 FY26 Earnings Presentation
79 slides from South32's earnings presentation, Feb 12, 2026
Slide 1: 2026 Half Year Financial Results
2026 HALF YEAR FINANCIAL RESULTS 12 February 2026
Slide 2: Important Notices
IMPORTANT NOTICES This presentation should be read in conjunction with the “Financial Results and Outlook – Half Year Ended 31 December 2025” announcement released on 12 February 2026, which is available on South32’s website (www.south32.net). FORWARD-LOOKING STATEMENTS This presentation contains fo
Slide 3: Important Notices
IMPORTANT NOTICES The Group’s profit after tax attributable to members increased by US$104M to US$464M in H1 FY26. Underlying earnings attributable to members increased by US$60M to US$435M in H1 FY26. Consistent with our accounting policies, various items are excluded from the Group’s profit/(loss)
Slide 4: Our Strategy
OUR STRATEGY Delivering value through disciplined execution of our strategy Continuing our strong operating performance: • Safety Improvement Program supported improved safety performance across key indicators • FY26 production guidance remains unchanged for all operated assets • FY26 Operating unit
Slide 5: H1 FY26 Safety Performance
H1 FY26 SAFETY PERFORMANCE We remain united in our belief that everyone can go home safe and well every day Fatalities6,7 LTIF8 TRIF8 Significant hazards frequency9 245 5.1 196 3.7 2.8 122 2.0 1.4 1 0.9 0 0 FY24 FY25 H1 FY26 FY24 FY25 H1 FY26 FY24 FY25 H1 FY26 FY24 FY25 H1 FY26 Improved hazard aware
Slide 6: H1 FY26 Financial Performance
H1 FY26 FINANCIAL PERFORMANCE Our consistent operating performance and higher commodity prices underpinned strong financial results Profit after tax(a) Underlying EBITDA Growth capital expenditure US$464M US$1,107M US$338M Underlying earnings(a) Operating margin10 Free cash flow(b) US$435M 28% US$57
Slide 7: Our Portfolio
OUR PORTFOLIO Portfolio repositioned towards higher-margin businesses in critical metals High-quality operations in Projects in construction and feasibility Pipeline of options in study and base metals, aluminium and manganese stages expected to deliver 20% growth(a) exploration phases with further
Slide 8: Our Portfolio
OUR PORTFOLIO Structurally attractive commodity exposures in favourable jurisdictions Underlying EBITDA by commodity(a) Underlying EBITDA by region(a) Capital expenditure by region(b) (H1 FY26) (H1 FY26) (H1 FY26) 10% 16% 22% 35% 18% 41% ~US$1.1B 22% ~US$1.1B ~US$0.7B 8% 70% 34% 24% Alumina Aluminiu
Slide 9: Our Growth Profile
OUR GROWTH PROFILE Advancing growth options in copper, zinc and silver, with life extension opportunities and further greenfield potential Group copper equivalent production(a)(b) (kt) Brownfield options Greenfield options +20% Cannington Ambler Metals Underground extension Arctic deposit 800 Hermos
Slide 10: Financial Results
FINANCIAL RESULTS
Slide 11: Performance Analysis
PERFORMANCE ANALYSIS Strong operating performance enabled the Group to capitalise on higher commodity prices Illustrative H1 FY26 Underlying EBITDA by commodity(a) Alumina Aluminium Copper operating margin operating margin operating margin11 68% 10% 16% 58% 52% Alumina 40% 43% Aluminium 18% Ramp-up
Slide 12: Earnings Analysis
EARNINGS ANALYSIS Higher base and precious metals prices, disciplined cost management and the restart of operations at Australia Manganese drove a strong Underlying EBIT result Sales price by commodity (US$M), including: Silver 142 Copper 137 Aluminium 100 Alumina (258) (US$M) 131 (29) (25) (45) 100
Slide 13: Cost Analysis
COST ANALYSIS Lower controllable costs mitigated the impact of strengthening producer currencies and general inflation H1 FY26 expenditure for market traded consumables Controllable costs (US$M), including: and energy supply(a) 6% Higher finished goods aluminium inventory Higher finish... (53) 5% En
Slide 14: Commodity Price and Foreign Exchange Analysis
COMMODITY PRICE AND FOREIGN EXCHANGE ANALYSIS Commodity price tailwinds have continued into CY26 EBIT sensitivity(a) +/-10% Commodity US$M Spot (6 February 2026) vs. H1 FY26 average index prices Aluminium(b) 324 +13% Alumina(b) 197 (8%) Copper(c) 105 +24% Manganese 81 +18% Silver 45 +66% Lead 15 (2%
Slide 15: Cash Flow Analysis
CASH FLOW ANALYSIS Higher operating cash flow has supported balance sheet strength, investment in growth and shareholder returns (US$M) 240 (186) 471 (130) (338) Drawdown of inventories at Mozal Aluminium will add to cash generation in H2 FY26 (117) 123 (35) (53) (25) operations excluding capital ex
Slide 16: Balance Sheet
BALANCE SHEET A strong balance sheet is at the core of our strategy December 2025 net cash/(debt) (US$M) 1,664 Our liquidity position is strong, with US$1.7B cash17 and an undrawn US$1.4B revolving credit facility, maturing in December 2028 Our debt is long dated and includes ~US$700M of senior unse
Slide 17: Capital Management Framework
CAPITAL MANAGEMENT FRAMEWORK Our unchanged capital management framework supports investment in our business and is designed to reward shareholders as our financial performance improves Capital management framework Capital allocation since FY16 Shareholder returns(a) (US$M) 2% 2% (US$M) ROIC 17% 500
Slide 18: Our Shareholder Returns
OUR SHAREHOLDER RETURNS Our on-market share buy-back has reduced shares on issue by 16% at an average price of A$3.06 per share Cumulative EPS20 (LHS) and South32 share price (RHS) (US cents per share from January 2017, LHS; A$/share, RHS) 5.50 200 5.00 180 4.50 160 140 4.00 120 3.50 100 3.00 80 60
Slide 19: Outlook
SOUTH32 OUTLOOK
Slide 20: Production Guidance
PRODUCTION GUIDANCE Production guidance maintained across our operated assets H1 FY26 production performance vs. guidance Guidance Key FY26 guidance commentary Worsley Alumina FY26e FY27e 50% 3,750 3,900 Planned calciner maintenance completed in Q1 FY26 Brazil Alumina (non-operated) 52% 1,360 1,360
Slide 21: Operating Unit Costs Performance and Guidance
OPERATING UNIT COSTS PERFORMANCE AND GUIDANCE Operating unit cost guidance remains unchanged Worsley Alumina (US$/t)23 Brazil Alumina (non-operated) (US$/t) 318 310 323 326 320 303 FY26e guidance unchanged 269 Guidance FY26e: will continue to be Lower costs expected in H2 FY26 not provided influence
Slide 22: Operating Unit Costs Performance and Guidance
OPERATING UNIT COSTS PERFORMANCE AND GUIDANCE Sierra Gorda (non-operated) (US$/t)23,24 Cannington (US$/t)23,24 17.0 17.0 17.0 205 16.1 194 183 FY26e guidance unchanged 154 FY26e guidance unchanged Potentially higher price-linked royalties if metal prices remain at current levels FY24 FY25 H1 FY26 FY
Slide 23: Capital Expenditure Guidance
CAPITAL EXPENDITURE GUIDANCE Capital expenditure guidance remains unchanged as we continue our investment in productivity, improvement and growth projects FY26e Safe and reliable(a) FY26e Improvement and life extension(a) FY26e Growth - Hermosa (US$M) (US$M) (US$M) 412 338 282 248 58 62 H1 FY26 H2 F
Slide 24: Cannington
CANNINGTON Extending mine life to maximise value from Cannington's high-margin, silver-rich production Underground mine life extended Cannington Underground Ore Reserve(a) (Mt) • Ore Reserve increased by 28% to 13Mt(a) in H1 FY26, driven by 30 underground design improvements 25 (26) • Reserve life e
Slide 25: Sierra Gorda – Catabela Northeast
SIERRA GORDA – CATABELA NORTHEAST Initial Exploration Target at Catabela Northeast highlights further life extension potential Catabela Northeast location (looking west) Catabela Catabela current pit Northeast Copper porphyry prospect adjacent to the Catabela pit ~8,500m exploration drilling program
Slide 26: Sierra Gorda – Fourth Grinding Line
SIERRA GORDA – FOURTH GRINDING LINE Potential to increase processing capacity by ~20% via a capital-efficient plant expansion Fourth grinding line proposed plant layout (facing east)(a) Addition of a fourth grinding line and associated infrastructure to increase plant throughput by ~20% to ~58Mtpa (
Slide 27: Hermosa Project
HERMOSA PROJECT A regional scale project with the potential to produce critical minerals across multiple deposits for decades, underpinned by Taylor as the first development Taylor deposit Clark deposit Exploration land package Zinc-lead-silver Battery-grade manganese Copper, zinc Project overview •
Slide 28: Hermosa – Taylor Deposit
HERMOSA – TAYLOR DEPOSIT Progressing key construction activity Surface infrastructure construction (January 2026) Continuing to sink the ventilation and main shafts Dewatering flow rates remain in line with expectations Completed lateral development at the first underground mining level Major compon
Slide 29: Hermosa – Taylor Deposit
HERMOSA – TAYLOR DEPOSIT Executing planned project activity in H2 FY26 Ventilation shaft Main shaft expected to reach the first underground mining level in Q3 FY26 Two of four surface construction packages awarded Additional underground and surface infrastructure packages scheduled to be awarded in
Slide 30: Hermosa – Peake Deposit
HERMOSA – PEAKE DEPOSIT Drill results continue to support potential for a continuous copper system connecting Peake and Taylor Deeps Peake deposit (looking east) Continued exploration momentum at Peake: • Recent drilling has returned further high-grade copper results, including: ◦ 143m @ 2.17% CuEq(
Slide 31: Ambler Mining District
AMBLER MINING DISTRICT Unlocking high-grade base metals options in Alaska, USA Ambler Metals JV, Alaska Ambler Metals JV (50%) owns the high-grade Arctic and Bornite base metals deposits, plus a regional exploration land package US Government's decision to issue federal permits for the Ambler Access
Slide 32: Our Exploration Portfolio
OUR EXPLORATION PORTFOLIO Our exploration approach continues to focus on advancing options in highly prospective mineral belts Ambler Mining District, USA: high-grade base metals options 1 1 within an underexplored, regional scale landholding British Columbia, Canada: equity exposure to large-scale
Slide 33: Markets Outlook
— W= — SOUTH3: MARKETS OUTLOOK
Slide 34: Aluminium Market
ALUMINIUM MARKET Demand growth is outpacing supply, supported by China's 45Mt cap Attractive long-term price outlook supported by higher-cost and limited smelter restarts due to higher-cost electricity inducement projects ex-China to fulfil growing demand Aluminium prices and stocks(a) Aluminium pro
Slide 35: Alumina Market
ALUMINA MARKET ~60% of the industry is currently loss-making reflecting recent capacity New, higher-cost ex-China supply needed to meet long-term demand, additions, with new smelter projects expected to lift demand in CY26 amid declining Chinese bauxite self-sufficiency and tighter regulations Alumi
Slide 36: Copper Market
COPPER MARKET Strong electrification demand, mine supply disruptions and Increased mine supply is required to meet strong demand growth across tariff-driven stockpiling have driven copper prices to all-time highs renewable energy, power infrastructure and electric vehicles Copper price and inventori
Slide 37: Zinc Market
ZINC MARKET Recent price strength underpinned by low inventories, Primary demand growth expected to exceed production by ~4Mt to 2035, robust demand and tight ex-China supply a market trend similar to copper Zinc price and stocks(a) Mine production capability versus primary demand(b) (US$/t, LHS, Kt
Slide 38: Manganese Market
MANGANESE MARKET High-grade ore prices supported by new smelter additions Long-term price to be set by marginal higher-cost and tight supply due to Gabonese supply disruptions South African supply transitioning underground over time Manganese ore price and China port stock(a) Manganese ore exports b
Slide 39: Summary and Outlook
— W= — SOUTH3: SUMMARY AND OUTLOOK
Slide 40: H1 FY26 Summary
H1 FY26 SUMMARY A streamlined portfolio and consistent operational performance underpinned strong financial results H1 FY26 ordinary dividend Underlying EBITDA Growth capital expenditure US 3.9 cents per share (US$175M) US$1,107M US$338M Increased our capital management Operating margin10 Free cash
Slide 41: Supplementary Information
SUPPLEMENTARY INFORMATION
Slide 42: Closure & Rehabilitation Provisions
CLOSURE & REHABILITATION PROVISIONS Closure and rehabilitation H1 FY26 FY25 South32 Group provisions by operation (South32 share, excluding EAIs) US$M US$M Worsley Alumina 824 825 Brazil Alumina (non-operated) 109 108 Profit and loss Balance sheet Brazil Aluminium (non-operated) 13 13 impact (-US$18
Slide 43: Capital Expenditure Guidance
CAPITAL EXPENDITURE GUIDANCE H1 FY26 FY26e Capital expenditure excluding exploration and intangibles (South32 share) US$M US$M Worsley Alumina 32 55 Brazil Alumina 5 40 Brazil Aluminium 9 15 Hillside Aluminium 34 65 Mozal Aluminium26 4 4 Cannington 23 40 Cerro Matoso27 6 6 Safe and reliable capital
Slide 44: Footnotes
FOOTNOTES 1. Our Group underlying financial measures reflect continuing and discontinued operations. 2. Refer to market release "Mozal Aluminium Update" dated 16 December 2025. 3. The underlying information reflects the Group’s interest in material equity accounted joint ventures and is presented on
Slide 45: Footnotes
FOOTNOTES 23. FY26e new Operating unit cost guidance includes royalties (where appropriate), the influence of exchange rates, and includes various assumptions for FY26, including: an alumina price of US$340/t; a manganese ore price of US$4.40/dmtu for 44% manganese product; a silver price of US$47.0
Slide 46: South32
SOUTH32
Slide 47: Annexure 1 – Cannington Underground Mineral Resource and Ore Reserve
ANNEXURE 1 – CANNINGTON UNDERGROUND MINERAL RESOURCE AND ORE RESERVE Table A: Cannington Underground Mineral Resource as at 30 June 20251,2 Measured Mineral Resource Indicated Mineral Resource Inferred Mineral Resource Total Mineral Resources Ore type Ag Pb Zn Ag Pb Zn Ag Pb Zn Ag Pb Zn Mt Mt Mt Mt
Slide 48: Annexure 2 – Basis for Reporting Exploration Target for Catabela Northeast
Annexure 2 Basis for reporting Exploration Target for Catabela Northeast (NE) prospect Catabela NE is a brownfields porphyry copper prospect within the Palaeocene-Early Eocene Metallogenic Belt of the Antofagasta region of northern Chile, located approximately one kilometre northeast of the Catabela
Slide 49: Figure 1: Catabela NE prospect geology and drilling
Figure 1: Catabela NE prospect showing geology and drilling with copper grades, with Catabela Deposit and Pit in the background (looking Southwest) 2026 HALF YEAR FINANCIAL RESULTS - CATABELA NORTHEAST EXPLORATION TARGET Page 2 of 19
Slide 50: Annexure 3: JORC Code Table 1: Catabela Northeast
Annexure 3: JORC Code Table 1: Catabela Northeast Exploration Results and Exploration Target The following table provides a summary of important assessment and reporting criteria used for the reporting of Catabela Northeast (Catabela NE) Exploration Target and Exploration Results, that form part of
Slide 51: JORC Table 1: Logging and sub-sampling
Criteria Commentary Logging • The entire length of core is photographed and logged quantitively and qualitatively for lithology, alteration, mineralisation, veins, and structures. Rock quality designation (RQD), fracture frequency (FF), type of fault and fill are also recorded. • The geological para
Slide 52: JORC Table 1: Verification
Criteria Commentary (check or umpire analysis) to assess whether there is procedural bias at GeoAssay, the primary laboratory. Quadra • The Quadra QA/QC program between 2004 through 2010, used standards, blanks, and duplicates every 20 samples, with continuous monitoring and a failure tracking syste
Slide 53: JORC Table 1: Data spacing and distribution
Criteria Commentary every 200m, meaning 200m increments are measured multiple times as a part of an adequate quality assurance program. Data spacing • SGSCM drilled 22 holes along 4 section lines, spaced approximately 200m apart, to an and distribution average depth of ~1,200m (maximum depth of 2,06
Slide 54: Section 2 Reporting of Exploration Results
Section 2 Reporting of Exploration Results (Criteria listed in the preceding section also apply to this section.) Criteria Commentary Mineral • SGSCM is owned by KGHM Polska Miedź SA (55%) and South32 Ltd (45%). tenement and • The Catabela NE prospect is located within the Sierra Gorda mining tenure
Slide 55: JORC Table 1: Geology
Criteria Commentary Geology • Catabela NE is a porphyry-related copper prospect, located in the Antofagasta Region, in the Atacama Desert of northern Chile, ~1km from the northeastern edge of the Catabela pit, ~10km southwest of BHP’s Spence deposit, ~60km southwest of Calama, and ~140km northeast o
Slide 56: JORC Table 1: Data aggregation methods
Criteria Commentary Data • All reported intersections represent downhole lengths, weighted by length. True widths aggregation are not known at this stage of the exploration program. methods • Significant assay intercepts are reported as length-weighted averages exceeding 0.2% CuEq. • Significant min
Slide 57: Figure 1: Regional location plan
Figure 1: Regional location plan (Country location and tenement boundary) 2026 HALF YEAR FINANCIAL RESULTS - CATABELA NORTHEAST EXPLORATION TARGET Page 10 of 19
Slide 58: Figure 2: Sierra Gorda regional geology
Figure 2: Sierra Gorda regional geology Catabela NE Catabela Pit 2026 HALF YEAR FINANCIAL RESULTS - CATABELA NORTHEAST EXPLORATION TARGET Page 11 of 19
Slide 59: Figure 3: Catabela NE collar locations and Sierra Gorda Pit
Figure 3: Catabela NE Exploration Results collar locations and Sierra Gorda Pit 2026 HALF YEAR FINANCIAL RESULTS - CATABELA NORTHEAST EXPLORATION TARGET Page 12 of 19
Slide 60: Figure 4: Catabela NE long section
Figure 4: Catabela NE Exploration results - long section with reported intersections (looking southwest) 2026 HALF YEAR FINANCIAL RESULTS - CATABELA NORTHEAST EXPLORATION TARGET Page 13 of 19
Slide 61: Table 1: Significant Intersections for Catabela NE prospect
Table 1: Significant Intersections for Catabela NE prospect From To Cut Off Width TCu TMo Au CuEq Hole ID (m) (m) (CuEq%) (m) (%) (%) (g/t) (%) 20 56 36 0.21 - - 0.21 KSG14-1134 0.20 608 700 92 0.25 0.005 0.01 0.27 166 260 94 0.21 0.001 0.05 0.23 0.20 506 900 394 0.36 0.010 0.02 0.39 KSG15-1149 Incl
Slide 62: Hole ID Description
Hole ID Description KSG15-1154; KSG15-1155 Outside mineralised domain, northeast of the exploration target. QSGSC6-181; QSGSC6- 182; QSG06-294; QSG06- Outside mineralised domain, south of the exploration target. 295; QSG09-591; QSG09- 592; QSG09-605 QSGRC5-56; QSGRC5-76; QSG07-349; QSG07-381; Outsid
Slide 63: Table 2: Hole collar locations of estimation drilling
Table 2: Hole ID, collar location, dip, azimuth, and drill depth of estimation drilling in Catabela NE prospect Elevation Total Depth Hole ID Easting Northing Azimuth Dip (m) (m) QSGRC5-56 166439 4471753 1665 270 -60.0 240.0 QSGRC5-76 166574 4472137 1662 90 -60.0 200.0 QSG06-294 166665 4471351 1669
Slide 64: Hole ID Easting Northing
Total Depth Hole ID Easting Northing Elevation (m) Azimuth Dip (m) KSG23-1889 167678 4472847 1630 129 -75.5 1000.0 KSG23-1893 167579 4473003 1630 140 -75.1 1014.0 KSG23-1898 167808 4472694 1630 139 -75.7 1152.4 KSG23-1901 167450 4473158 1631 140 -75.3 450.0 KSG23-1903 167578 4473004 1630 320 -84.6 1
Slide 65: Table 3: Drillholes used to support Geological Models
Table 3: Catabela NE Exploration Target - Drillholes used only to support Geological Models Elevation Total Depth Hole ID Easting Northing Azimuth Dip (m) (m) DDHPLI-22 166819.89 4472092.98 1645.41 0.0 -90.0 650.4 DDHPLI-38 168331.59 4474825.00 1637.00 270.0 -70.0 629.2 ES-3 167977.10 4472788.84 163
Slide 66: Hole ID Easting Northing
Total Depth Hole ID Easting Northing Elevation (m) Azimuth Dip (m) SAR-12 167333.71 4472696.23 1631.90 0.0 -75.0 258 SAR-13 167592.52 4472088.52 1631.07 0.0 -75.0 630.4 SAR-14 166903.49 4473301.61 1637.79 1.8 -71.7 600.3 SAR-15 167003.63 4473961.38 1640.54 0.0 -75.0 313 SAR-16 168024.34 4473051.06 1
Slide 67: Annexure 4: JORC Code Table 1: Peake Deposit
Annexure 4: JORC Code Table 1: Peake Deposit The following tables provide a summary of important assessment and reporting criteria used for the reporting of Exploration Results for the Peake deposit, which forms part of the Hermosa Project located in South Arizona, USA (Figure 1). Sections 1 and 2 b
Slide 68: JORC Table 1: Logging and sub-sampling
Criteria Commentary Logging • The entire length of core is photographed and logged for lithology, alteration, structure, rock quality designation (RQD) and mineralisation. • Logging is both quantitative and qualitative, of which there are several examples including estimation of mineralisation perce
Slide 69: JORC Table 1: Verification
Criteria Commentary • Coarse and fine-grained certified silica blank material submissions, inserted at the beginning and end of every work order of approximately 200 samples, indicate a lack of systematic sample contamination in sample preparation and ICP solution carryover. Systematic contamination
Slide 70: JORC Table 1: Audits and reviews
Criteria Commentary • Core is stored in secured onsite storage prior to processing. After sampling, the remaining core, returned sample rejects and pulps are stored at a purpose-built facility that has secured access. • All sampling, assaying and reporting of results are managed with procedures that
Slide 71: JORC Table 1: Peake geology and mineralisation
Criteria Commentary • 150m south of the Taylor Deeps domain and 740m southwest of the Taylor shafts, the Peake deposit copper-skarn sulphide mineralisation is identified in older lithological stratigraphic units along the continuation of the thrust fault (Figures 4 and 5). Mineralisation dips 30°NW
Slide 72: JORC Table 1: Other substantive exploration data
Criteria Commentary Balanced • Exploration results for Peake deposit are reported as an update to previously disclosed reporting Exploration Results and are included under ‘Drill hole information’. Other • Aside from drilling, the geological model is developed from local and regional mapping, substa
Slide 73: Figure 1: Regional location plan
Figure 1: Regional location plan 2026 HALF YEAR FINANCIAL RESULTS – PEAKE EXPLORATION RESULTS
Slide 74: Figure 2: Hermosa project regional geology
Figure 2: Hermosa project regional geology 2026 HALF YEAR FINANCIAL RESULTS – PEAKE EXPLORATION RESULTS
Slide 75: Figure 3: Peake deposit local geology and collar locations
Figure 3: Peake deposit local geology and Exploration Results collar locations 2026 HALF YEAR FINANCIAL RESULTS – PEAKE EXPLORATION RESULTS
Slide 76: Figure 4: Plan view of Taylor, Clark, Peake mineralisation domains
Figure 4: Plan view of the Taylor, Clark, Peake Mineralisation Domains, and approximate shaft locations with previously reported drill holes and newly reported exploration drill holes labelled Figure 5: Cross-section through the Taylor, Clark, and Peake mineralisation domains showing exploration res
Slide 77: Figure 6: Level plan map at 380m elevation
Figure 6: Level plan map at 380m elevation showing Peake drillholes and mineral domains. Newly reported hole IDs are blue Table 1: Hole ID, collar location, dip, azimuth, and drill depth of new drill holes from the Peake Deposit East North Elevation Wedge Hole ID Dip Azimuth TD Depth (m) (UTM) (UTM)
Slide 78: Table 2: Significant intersections – Peake Deposit
Table 2: Significant intersections – Peake Deposit Exploration Results From To Width Zinc Lead Silver Copper CuEq ZnEq Hole ID Cut Off (m) (m) (m) (%) (%) (ppm) (%) (%) (%) 1221.9 1341.1 0.2% Cu 119.2 0.06 0.12 12 0.47 0.63 Including 1230.0 1253.3 0.2% Cu 23.3 0.01 0.01 11 0.69 0.79 1268.0 1272.4 0.
Slide 79: Significant intersections – Peake Deposit (continued)
1666.5 1681.0 0.2% Cu 14.5 1.76 1.06 58 0.33 3.70 1708.4 1723.2 2% ZnEq 14.8 2.19 0.85 66 0.11 4.19 1790.7 1795.1 2% ZnEq 4.4 25.61 3.06 661 0.93 42.32 1825.6 1829.4 2% ZnEq 3.8 2.12 0.12 26 0.21 2.77 1935.2 1942.2 2% ZnEq 7.0 1.79 0.05 9 0.14 2.01 1124.0 1286.0 0.2% Cu 162.0 0.02 0.02 22 1.21 1.42