Slide 1: Recommencing Gold Production
Recommencing Gold Production For personal use only ASX Code: SVG 29 August 2025 Ore Reserve supports over two years gold production Testing Exploration Targets to extend mine life NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES OF AMERICA
Slide 2: Competent Persons Statement
Competent Persons Statement Competent Persons Statements The information in this report that relates to Exploration Results and Exploration Targets is based on information compiled by Mr Scott Hall who is a member of the Australian Institute of Mining and Metallurgy. Mr Hall is a former employee of
Slide 3: Disclaimers
Disclaimers This presentation (Presentation) is dated 27 August 2025 and has been prepared by Savannah Goldfields Accuracy of projections and forecasts Limited ACN 003 049 714 (Savannah) This Presentation has been prepared in relation to a placement to This Presentation includes certain statements,
Slide 4: Disclaimers
Disclaimers Timetable Currency Savannah reserves the right to change the timetable in their absolute discretion including by closing the Offers early or extending the closing time (generally or for particular investor(s)) in their absolute All references to ‘$’, ‘A$’ or ‘AUD’ in this Presentation ar
Slide 5: Savannah Goldfields - Overview
Savannah Goldfields - Overview Savannah Goldfields is resuming gold production in 2025 at its infrastructure in Far North Queensland: For personal use only Operational Georgetown Gold Agate Creek Gold Mine which JORC Ore Reserve of 36,800 Processing Plant (GGPP) - has several discrete high-grade oz
Slide 6: High grade projects, 100% owned mill, with existing stockpiles
ASX: SVG High grade projects, 100% owned mill, with existing stockpiles For personal use only Far North Queensland gold producer resuming production and advancing regional expansion strategy in a highly prospective and under explored gold-rich region. ASX:SVG Page 6 6
Slide 7: Corporate Overview
Corporate Overview A$0.018 1,141.6m 71.8m** $20.6m Share price Ordinary Shares Convertible Notes Market cap For personal use only as at close 18 August 2025 ($ 20.1 m face value) as at 18 August 2025 Board & Management. Shareholders Stephen Bizzell Rick Anthon Mark Baker Peter Wright Executive Chair
Slide 8: Georgetown Project – 'The Hub'
Georgetown Project – ‘The Hub’ GOLD MINE AND PROCESSING HUB For personal use only Exploration potential Extensive packages of additional exploration and mining leases in proximity to the processing plant Toll processing opportunities Only gold plant within 400km providing opportunity to commercialis
Slide 9: Georgetown gold processing plant
Georgetown gold processing plant • Operational CIP gold processing plant For personal use only • 200,000-240,000 tonnes per annum throughput • Gravity circuit installed. • Georgetown and Agate Creek feed typically have high component of gravity recoverable gold. • Gold recoveries +95% for Agate Cree
Slide 10: Potential long life for Georgetown gold processing plant
Potential long life for Georgetown gold processing plant Source Tonnes Au g/t Oz Au For personal use only Georgetown Mineral Resource1 950,000 3.9 119,500 Agate Creek Ore Reserve1 460,000 2.5 36,800 Exploration Targets1 870,000 to 2,230,000 2.5 to 4.2 69,000 to 303,000 The Exploration Targets other
Slide 11: Resuming gold production this year
Resuming gold production this year Gold production campaign H2 2025 For personal use only • Georgetown Gold Processing Plant final maintenance before restart • Initial feed: • ~13,000 tonnes from existing stockpiles • ~18,000 tonnes from mining at Big Reef • subject to Environmental Approval to proc
Slide 12: Growth options
Growth options 1. Increase oxide feed available to Georgetown gold processing plant • Explore to create options to increase the oxide processing life or scale of processing or both. For personal use only • Recent definition of 5 new Exploration Targets is first step. • Drilling programme planned to
Slide 13: Growth Options - Red Dam
Growth Options - Red Dam Red Dam – ML 30203 For personal use only • Red Dam is located 41km northeast of Georgetown on an existing Mining Lease • In 2010, previous owners mined 22,600t at @ 13.6 g/t gold by open cut, to 15m deep. • 28,000t @ 21g/t gold remains below the existing pit to a depth of 50
Slide 14: Growth Options - Electric Light
Growth Options - Electric Light Electric Light – ML 3548 For personal use only • Electric Light is located 13km north of Georgetown on an existing Mining Lease • In 2011, previous owners mined 23,000t @ 8.7 g/t gold by open cut, to a depth of approximately 15m. • The Electric Light Mineral Resource
Slide 15: Growth Options - Big Reef
Growth Options - Big Reef Big Reef – ML 3278,3279,3280 and EPM 156547 For personal use only • Big Reef is located approximately 50 km from the Georgetown and close to the town of Forsayth • In 2013, previous owners mined 22,700t at @ 2.5 g/t gold by open cut, to 20m deep. • Historical underground mi
Slide 16: Growth Options – Agate Creek
Growth Options – Agate Creek Agate Creek Ore Reserve is 36,800 oz Au* and Mineral Resource is 422,000 oz Au* The area remains under explored with multiple exploration opportunities identified. For personal use only Sherwood West Sherwood Repeats Extensions to Sherwood Mineralisation Agate Creek is a
Slide 17: Growth Options - Agate Creek
Growth Options - Agate Creek Potential for future large-scale mining and on-site processing of gold mineralised halo surrounding high grade starter pits. For personal use only Section through pit 6A starter pit with selection of drill Plan view of Agate Creek high grade starter pits superimposed int
Slide 18: 2025: milestones and key objectives
2025: milestones and key objectives 1. Financing undertaken 5. Prepare to resume mining at Agate Creek Supported commencement of operational restart works Mine design and production scheduling completed New shareholders with capability to cornerstone operational restart • Develop restart plan
Slide 19: 2026: key objectives
2026: key objectives 1. Amended Environmental Authority for Agate Creek project – approval expected Q2 2026 For personal use only 2. Mining of high-grade open pit Ore Reserve at Agate Creek & processing at Georgetown expected to resume Q2 2026 • High grade feed to Georgetown gold processing plant in
Slide 20: Investment Case
Investment Case For personal use only • Simple mining and processing restart with run of mine stockpiles and processing optimisation already undertaken prior to operations suspension • Ore Reserve at Agate Creek of 36,800 oz Au* • Mineral Resource base of 541,000 oz Au * • JORC Exploration Targets d
Slide 21: Appendix
For personal use only ASX:SVG Appendix
Slide 22: Agate Creek Ore Reserve
Agate Creek Ore Reserve * Agate Creek Ore Reserve For personal use only Proved Probable Total Kt Ore g/t Au Oz Au Kt Ore g/t Au Oz Au Kt Ore g/t Au Oz Au Pit 1 17 2.4 1,300 107 2.1 7,400 124 2.2 8,700 Sherwood Pit 2 - - - 67 2.0 4,300 67 2.0 4,300 West Pit 3 14 2.3 1,000 70 2.1 4,800 84 2.1 5,800 Sh
Slide 23: Agate Creek Mineral Resource
Agate Creek Mineral Resource* For personal use only Agate Creek Mineral Resource at 0.3 g/t Au cut off grade Sherwood Sherwood South Sherwood West Total Mt g/t Au k oz Au Mt g/t Au k oz Au Mt g/t Au k oz Au Mt g/t Au k oz Au Measured 0.34 1.69 19 - - - 0.02 1.90 1 0.36 1.70 20 Indicated 4.61 0.89 13
Slide 24: Georgetown Mineral Resource
Georgetown Mineral Resource* Georgetown Inferred Mineral Resource at 1 g/t Au cut off grade For personal use only Mineral Mass Au Ag Density Au Tenement Resource kt g/t g/t t/m koz* ML30203, Red Dam 201 5.7 12.0 2.89 37 EPM9158 Electric ML3548, 388 3.7 0.7 2.59 46 Light EPM8545 Jubilee 87 3.2 21.3 2
Slide 25: Georgetown Project Exploration Targets
Georgetown Project Exploration Targets Exploration Target* Tonnes Au g/t Oz Au For personal use only Red Dam 430,000 to 1,060,000 3.3 to 5.4 45,000 to 185,000 Electric Light 100,000 to 200,000 2.0 to 5.0 6,000 to 32,000 Jubilee Plunger 100,000 to 400,000 1.2 to 2.0 4,000 to 26,000 Big Reef 190,000 t
Slide 26: Other Investments
Other Investments Clara Resources Australia Ltd • Savannah has an approximate 5.2% shareholding in ASX listed Clara Resources Australia (ASX:C7A). For personal use only • Clara owns the Ashford Coking Coal project: • Located in Ashford Basin Northern NSW containing historic workings from previous mi
Slide 27: Risks
Risks There are numerous widespread risks associated with investing in any form of business and with investing in the share market generally. There is also a range of specific risks associated with Savannah Goldfields’ business. The following summary, which is not exhaustive, represents some of the
Slide 28: Risks
Risks • Resource estimates: Resource estimates are expressions of judgement based on knowledge, experience and industry practice. Estimates which were valid when originally issued may alter significantly when new information or techniques become available. In addition, by their nature resource estim
Slide 29: Appendix A - International Offer Restrictions
Appendix A - International Offer Restrictions This document does not constitute an offer of new ordinary shares (New Shares) in any jurisdiction in which it would be unlawful. In particular, this document may not be distributed to any person, and the New Shares may not be offered or sold, in any cou
Slide 30: Appendix A - International Offer Restrictions
Appendix A - International Offer Restrictions European Union (excluding Austria) This document has not been, and will not be, registered with or approved by any securities regulator in the European Union. Accordingly, this document may not be made available, nor may the New Shares or New Options be
Slide 31: Appendix A - International Offer Restrictions
Appendix A - International Offer Restrictions United Kingdom Neither this document nor any other document relating to the offer has been delivered for approval to the Financial Conduct Authority in the United Kingdom and no prospectus (within the meaning of section 85 of the Financial Services and M
Slide 32: Contact
Contact For personal use only Savannah Goldfields @sav_goldfields Brad Sampson, CEO admin@savannahgoldfields.com www.savannahgoldfields.com 32