Greatland Resources Limited · ASX:GGP
Greatland Resources — Q2 2025 Earnings Presentation
24 slides from Greatland Resources's earnings presentation, Jul 29, 2025
Slide 1: A New Australian Gold-Copper Producer
A New Australian Gold-Copper Producer 100% owner of Havieron and Telfer June Quarter 2025 Presentation 29 July 2025
Slide 2: Disclaimer
Disclaimer The summary information contained in this document has been provided solely for information purposes and does not purport to be comprehensive or contain all the information that may be required by recipients to evaluate Greatland Resources Limited (together, Greatland or Company). This do
Slide 3: Results and performance highlights
Results and performance highlights
Slide 4: Performance against FY25 guidance
Performance against FY25 guidance FY25 actual production and costs all within guidance, with AISC outperforming significantly FY25 Guidance1 FY25 Actual1 Achieved Guidance? 1 Gold production (oz) 196,000 - 210,000oz 198,319oz ✓ 2 AISC ($/oz Au) $2,100 - 2,250/oz $1,849/oz ✓ 3 Growth Capital ($m) $95
Slide 5: June Quarter 2025 Results
June Quarter 2025 Results Production Sales Cash & Finance Production of 78.3koz Au and 3.7kt Cu at Sales of 87.5koz Au and 3.7kt Cu at Operating cash flow of $310m (Mar Q $298m) AISC of $1,736/oz Average realised price of $5,014/oz Cash balance of $575m Revenue of $487m Debt free with undrawn A$75m
Slide 6: Safety & Sustainability
Safety & Sustainability Significant improvement in safety metrics in the c. 7 months post acquisition completion with TRIFR more than halving to 6.0 as at end of June 2025 TRIFR Sustainability Greatland Group 12MMA1 TRIFR ▪ Greatland continues to work closely with the Martu people, the Telfer 16 are
Slide 7: June Q and FY25 Results
June Q and FY25 Results
Slide 8: Operations - Mining
Operations - Mining 4QFY25 ore production from open pit of 4.9Mt at 0.62g/t Au and underground of 0.7Mt @ 1.78g/t Au Open Pit Mining Areas (June Q 2025) Summary West Dome Open Pit ▪ Ore predominantly mined from Stage 2 ▪ 1.57Mt at 0.59g/t Au and 0.07% Cu, grade broadly in line with plan ▪ ~ 1.0Mt of
Slide 9: Operations - Processing
Operations - Processing FY25 gold recovery of 84.2% is the highest at Telfer since 2010 Ore Milled (Mt) and Head Grade (g/t Au) Summary 16 0.80 ▪ June quarter: 0.68 ▪ 4.9Mt processed with average head grade of 0.58g/t Au & 0.09% Cu Milled Grade (g/t Au) 0.65 14 0.70 0.58 ▪ 82.4% recovery for gold (i
Slide 10: Telfer Resource Development – West Dome
Telfer Resource Development – West Dome June quarter resource development drilling focused on Stage 2 and 7 with ~17km of total drilling in the West Dome Open Pit Stage 2 ▪ Drill out of Stage 2 cutback along with extension potential at depth was completed, with a total of 100 holes for 12.9km Stage
Slide 11: Telfer Resource Development – Main Dome Underground – ESC Infill
Telfer Resource Development – Main Dome Underground – ESC Infill Consistent zones of high grade stockwork mineralisation confirmed Drilling at ESC focused on evaluating resource estimation and mine planning ESC Infill Drilling ▪ Encouraging drilling results confirmed updated geological model and pre
Slide 12: Telfer Resource Development – Main Dome Underground – ESC Extension
Telfer Resource Development – Main Dome Underground – ESC Extension New zone intercepted at ESC ESC Extension ▪ Several drillholes targeting the ESC intercepted a new zone ~150 metres above area interpreted to be a repeat of the key structural and geological settings that hosts ESC ▪ Drilling target
Slide 13: Telfer Resource Development – Lower Mine – Near Mine Extensions
Telfer Resource Development – Lower Mine – Near Mine Extensions Drilling targeting near mine extensions Lower Mine Near Mine Extensions ▪ 22 holes for 3.1km drilled targeting near mine extensions to the active A-Reef, Rey and LLU mining zones ▪ Drilling to continue to assess near mine extension oppo
Slide 14: Havieron
Havieron Permitting and early works progressed, FS remains on target for December 2025 quarter completion June Q Updates 1 ▪ Permitting and approvals progressed well with information requests received from and responses provided to: o WA Environmental Protection Authority (EPA); and o Commonwealth D
Slide 15: Corporate and Finance
Corporate and Finance $310m operating cash flow and closing cash of $575m at end of June quarter June Quarter 2025 Cash Flow June Quarter 2025 Financials 800 Net Revenue Realised Price CFO Cash Balance 310.4 700 $487m $5,014/oz $310m $575m (40.0) 61.7 638.3 (20.2) 600 574.5 (48.7) (7.7) Full exposur
Slide 16: FY26 Guidance
FY26 Guidance
Slide 17: FY26 Guidance
FY26 Guidance Continued high volume production from Telfer at reasonable costs is planned to fund a key investment year at Telfer, targeting further multi-year mine life extensions Gold Production AISC 260-310koz Au $2,400-$2,800/oz Au Growth Capex Exploration & A Telfer B Havieron C Resource Develo
Slide 18: FY26 Telfer Growth Capital
A FY26 Telfer Growth Capital Telfer growth capital guidance of $230 – 260m to fund key investments across mine development, supporting infrastructure and fleet expected to renew and extend Telfer operations Investing in Telfer’s multi-year life extension FY26 Telfer Growth Capital FY26 FY27 FY28 FY2
Slide 19: FY26 Havieron Growth Capital (pre-FID)
B FY26 Havieron Growth Capital (pre-FID) Key Havieron early works pre-FID investments earmarked in FY26 FY26 Havieron Growth Capital ▪ Havieron Feasibility Study (FS) remains targeted for completion in the Dec 2025 quarter and will include an executable capital cost estimate and project schedule for
Slide 20: FY26 Exploration and Resource Development
C FY26 Exploration and Resource Development Planning the most significant drilling program in Telfer’s operational history FY26 Exploration and Resource Development Telfer Historical and Planned FY26 Drilling Telfer drilling by financial year (km) Record drilling ▪ 240km of planned drilling, compris
Slide 21: FY26 Drilling Program Outlook – West Dome Open Pit
C FY26 Drilling Program Outlook – West Dome Open Pit Targeting Stage 2 and 7 extensions to drive Telfer multi year mine life extensions Grade Control Resource Development Key Targets: ▪ Stage 7 Extension: extend Stage 7 cutback ▪ Stage 2 Extension: potential to support multi-year mine life Continued
Slide 22: FY26 Drilling Program Outlook – Main Dome Underground
C FY26 Drilling Program Outlook – Main Dome Underground Targeting resource conversion at near mine extensions and drive mine life across currently active mining areas A-Reef, LLU, M-Reef and Rey Key Targets: ▪ Successfully define and convert MRE to support multi-year mine life ▪ Near-mine extensions
Slide 23: FY26 Drilling Program Outlook – West Dome Underground (WDU)
C FY26 Drilling Program Outlook – West Dome Underground (WDU) Following success of the inaugural WDU drilling program, extensive drilling program planned for FY26 targeting conversion to MRE and extending ore body Key Targets: ▪ Conversion of central 600m strike length ▪ Extension of the mineral sys
Slide 24: For further information
For further information info@greatland.com.au https://greatland.com.au Muddled 'X' rebrand of Twitter kills the blue bird | Marketing Mag