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1 AUGUST 2026 DIGGERS AND DEALERS MINING FORUM Australian focused multi-hub gold producer
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Successfully transitioned from an explorer to a multi-hub producer Debt-free and unhedged A PROVEN PLATFORM FOR GROWTH TODAY 2026 90 cps 2 1. CAGR calculated from IPO date to 16 July 2026 2. Including 3rd party production of 24,537oz 3. ASX: 29 June 2026 4. As at 30 June 2026 5. $30M asset facility undrawn as at 30 June 2026 729M Shares on issue NO DEBT No hedging $105M Cash and liquid investments $656M Market capitalisation (@ $0.90/sh) 90,833oz FY26 produced2 2.5Moz @ 2.7g/t Au High-grade Resources 4 3 SHARE PRICE PER ANNUM GROWTH +19% p.a. IPO 2018 20 cps 1 5
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COMPANY SNAPSHOT 3 PAULSENS PRODUCTION HUB 100% owned high-grade underground production hub • Resource: 506 koz Au @ 5.1 g/t1 • Plant capacity: 450ktpa • New discoveries at Regulus and Lynx PRODUCTION KAL EAST PRODUCTION HUB 100% owned open pit and underground production hub • Resource: 1.4 Moz Au @ 1.9 g/t • Plant capacity: 1.2Mtpa PRODUCTION COYOTE DEVELOPMENT HUB 100% owned high grade open pit and underground mine • Resource: 645 koz Au @ 5.5 g/t DEVELOPMENT MT CLEMENT GROWTH ASSET 100% owned high grade antimony deposit near Paulsens • Resource: 25kt @ 1.2% Sb GROWTH 1. ASX: 16 July 2026
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PAULSENS PRODUCTION HUB OVERVIEW 4 INVESTMENT RETURNS SINCE ACQUISITION High-grade gold production hub with 1Moz historical production, established infrastructure and significant exploration potential. PROCESSING CAPACITY • 100% BC8-owned and operated 450 ktpa BC8 PRODUCTION TRACK RECORD • Ore processed per quarter: 90-114 kt • Grade: 2.4–3.7 g/t • Gold Recovery 92-94% BC8 INVESTMENT TRACK RECORD1 SINCE ACQUISITION IN 2022 • Acquired: $14M • Capital invested: $92M • Cumulative Operating Cashflow: $107M • X Total cash / capital spend • X Total cash generated • X Return % or Payback TOTAL RESOURCE 3.1 Mt @ 5.1 g/t Au for 506 koz TOTAL RESERVE 631 kt @ 4.3g/t Au for 87 koz LANDHOLDING 3,650 km² (100% owned) 2022 Acquired by BC8 $14M2 2024 Restart Investment $18M Processing facility refurbished. First gold poured on time and on budget. 2025 Cashflow positive Cashflow positive within six months of first gold 1997 High-grade gold discovered Intrepid Mines Ltd ("Intrepid") produced at 75koz pa from 2005-2009. 2010 Intrepid sells to Northern Star 2014 Achieved production of 100koz 2017 Placed on care and maintenance 2026 Total Investment Repaid New discoveries Regulus and Lynx 1. Unaudited financial figures up to 30 June 2026 2 ASX: 15 June 2022 (Paulsens proportion of the $45M initial acquisition)
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5 • Extends known mineralisation along strike. • Oblique to the existing ore body. • Multiple drives developed proving high grade continuity. • Delivers immediate, cash-generating ounces. • Confirms Paulsens as a large, fertile gold system with additional ounces beyond current resources. 5 Footnotes go here and here and here PAULSENS PRODUCTION HUB NEW DISCOVERIES - REGULUS & LYNX Near surface high grade discoveries, confirming Paulsens as a large, fertile gold system highlighting the potential for additional mineralisation outside the historical footprint. Deposit Recent mining development Regulus Ore development: 76m Ore mined: 4.9kt Diluted Grade: 9.7 g/t Production: 1,528oz Lynx Ore development: 88m Ore mined: 4.7kt Diluted Grade: 3.0 g/t Production: 454oz LEGEND Historical Working
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6 • Drill program focused on expanding the Belvedere mineralised system. • Targeting growth of the current 30koz @ 6.6g/t Au Resource. • Potential to become an additional source of high-grade feed for the Paulsens operation. • Supporting extended mine life at Paulsens. • Grey Goose (900m along strike) – follow-up drilling targeting a potential additional material within the Belvedere corridor. 6 Footnotes go here and here and here PAULSENS PRODUCTION HUB BELVEDERE High-grade gold system in a 2.5km-long fault structure, located 5km from the Paulsens processing plant.
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KAL EAST PRODUCTION HUB OVERVIEW Established production hub with processing upgrades underway to support increased scale and flexibility. 7 2018 Bulong foothold acquired Initial position east of Kalgoorlie 2020-2021 Position consolidated Kal East Hub built out via multiple acquisitions 2025 Processing Plant acquired Lakewood 1.2Mtpa processing capacity 2026 Mines delivered Fingals and Majestic developed INVESTMENT RETURNS SINCE ACQUISITION • X Total cash / capital spend • X Total cash generated • X Return % or Payback TOTAL RESOURCE 22.4 Mt @ 1.9 g/t Au for 1,372 koz TOTAL RESERVE 3.7 Mt @ 2.0g/t Au for 243 koz LANDHOLDING 740 km² (100% owned) PROCESSING Capacity • 100% BC8-owned and operated. 1.2 Mtpa • Ore processed per quarter : 260kt – 314kt • Grade: 1.10 g/t – 1.88 g/t • Recovery: 90% - 92% • Acquired: $97M (incl. Lakewood) • Invested: $158M • Cumulative Operating Cashflow: $88M BC8 INVESTMENT TRACK RECORD1 SINCE ACQUISITION IN 2018 BC8 PRODUCTION TRACK RECORD 1. Unaudited financial figures up to 30 June 2026
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KAL EAST PRODUCTION HUB OPERATIONS 8 Footnotes go here and here and here FY27 Guidance Expand the Resource base and extend mine life across multiple assets. A growing portfolio of mines within 50km from the 100% owned Lakewood Processing Facility. Future Drilling Future Drilling 1. ASX: 16 Jul 2026 Asset Operations and Key Metrics1 Majestic Underground 1.4 Mt @ 4.4 g/t Au for 199 koz Imperial 1.6 Mt @ 1.6 g/t Au for 84 koz Fingals Open Pit 3.5 Mt @ 1.8 g/t Au for 205 koz Trojan Open Pit 5.7 Mt @ 1.1 g/t Au for 202 koz Lakewood Processing Mill throughput 1.2 Mtpa
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COYOTE DEVELOPMENT HUB OVERVIEW 99 1998 Discovery Discovered by AngloGold Ashanti. 2006 Production commences Tanami Gold NL develops and operates Coyote underground. Produces 211 koz Au at average grade of 8.0g/t over seven years. 2013 Care and maintenance Operations cease. 2022 Acquired by BC8 BC8 acquires Coyote from Northern Star. 2024 Scoping Study completed 200 koz mine plan. 2026 Discovery drilling commences Results November 2026. High-grade gold asset with potential of becoming third gold production hub • X Total cash / capital spend • X Total cash generated • X Return % or Payback TOTAL RESOURCE 3.7 Mt @ 5.5 g/t Au for 645 koz LANDHOLDING 1,160 km² (100% owned) PROCESSING FACILITY • 100% BC8-owned and operated. • Updated Scoping Study in FY27 300 ktpa INVESTMENT RETURNS SINCE ACQUISITION EXPLORATION PROGRAM UNDERWAY Tanami Orogen – a highly prolific gold corridor Coyote sits within the highly prospective Tanami Orogen and offers significant exploration upside across a large landholding.
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10 COYOTE DEVELOPMENT HUB MINING ASSETS 10 Asset Key Study Metrics1 Coyote Open Pit Ore mined: 546 kt Ore grade: 2.8g/t Strip ratio: 29:1 Coyote Underground Ore mined: 714 kt Ore Grade: 5.4g/t Decline : 5.5mW x 5.5mH Level spacing: 20m Minimum mining width: 2.5m Sandpiper Open Pit (30km from Coyote Central) Ore mined: 101 kt Ore grade: 2.8g/t Strip ratio: 27:1 A portfolio of high-grade deposits with underground and open pit growth potential 1. ASX: 15 May 2024
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MT CLEMENT GROWTH ASSET OVERVIEW Strategic critical minerals asset adding long-term growth optionality, leveraging Paulsens existing infrastructure. 11 Resource defined Mt Clement antimony-silver-lead-gold resource defined. 2023 Exploration target published JORC exploration target published for Mt Clement Sb. 2026 Resource upgraded Eastern Zone resource upgraded, with increases in contained Sb, Ag and Pb. 11 Pre-2022 Historic discovery and exploration Mt Clement identified as a polymetallic antimony-silver- lead-gold system, with historic drilling confirming high- grade mineralisation. INFRASTRUCTURE within Established mining infrastructure at Paulsens Hub – including power, roads and skilled workforce. Port access for concentrate export. 30km One of Australia's largest and highest-grade antimony deposits Mt Clement is a high-grade antimony-silver-lead asset in the Pilbara, Western Australia. The Eastern Zone is the primary target, open at depth to 225 metres. 2024 Strategic critical minerals context strengthens Antimony market fundamentals strengthen, with China, Russia and Tajikistan controlling 90 per cent of global supply. 2022 • X Total cash / capital spend • X Total cash generated • X Return % or Payback ANTIMONY RESOURCE 2,605 kt @ 1.2% Sb 26.5kt Sb / 2,198 koz Ag / 39kt Pb / 53 koz Au LANDHOLDING 677 km² (100% owned)
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MT CLEMENT GROWTH ASSET ANTIMONY OPPORTUNITY 1212 Regional access to established infrastructure at Paulsens, supporting future exploration and development studies. Future Drilling
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WHY INVEST WITH BC8 13 01 DELIVER Reliably operate Hubs with multiple ore sources ▪ Multiple ore source options per hub to reduce operational risk ▪ Strong safety culture with a productive "can do" attitude ▪ Low-risk growth around existing hubs, generating high shareholder value Substantial, growing resource base ▪ Over 5,500 km² across proven WA gold corridors ▪ 2.5 million ounces, underpinned by 100%-owned processing infrastructure. ▪ Grow Resources and Reserves Build, own and operate high-quality Australian gold assets ▪ Proven, repeatable build-own-operate (BOO) model ▪ Disciplined, milestone-gated development pathway ▪ Target assets supporting >100koz p.a. for 7+ years KEY ENABLERS Experienced operating team Proven BOO model Existing infrastructure Cash generation from existing operations YEAR 5 ASPIRATIONAL OUTCOMES 7-10 years mine life Market credibility ASX100 02 DISCOVER 03 DEVELOP A disciplined framework for creating shareholder value: Deliver, Discover, Develop Cash generating, a strong balance sheet and a team that has done this before
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DISCLAIMER, DISTRIBUTION AND DISCLOSURE 14 Disclaimer and not for US distribution This presentation includes forward-looking statements including, but not limited to, comments regarding the timing and content of upcoming work programs, geological interpretations,receipt of property titles, potential mineral recovery processes, and other related matters. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. When used in this document, the words such as “could”, “plan”, “estimate”, “expect”, “intend”, “may”, “potential”, “should” and similar expressions are forward-looking statements. The Company’s current projects in Australia are at an early stage of assessment and all estimates and projections are based on limited, and possibly incomplete data. More work is required before geological and economic aspects can be fully modelled. Actual results may differ materially from those currently anticipated in this presentation. Although Black Cat Syndicate Limited. (“Black Cat”) believes that the expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties, and no assurance can be given that actual results will be consistent with these forward-looking statements. This document contains reference to certain targets and plans of Black Cat which may or may not be achieved. The performance of Black Cat may be influenced by a number of factors, uncertainties and contingencies, many of which are outside the control of Black Cat and its directors, staff and consultants. This presentation has been prepared by Black Cat for the purpose of providing an overview of its current prospects and development strategy to recipients. This presentation and its contents are provided to recipients in confidence on the basis that it may not be reproduced or disclosed in whole or in part to any other person, without the written consent of Black Cat. This presentation is provided on the basis that neither Black Cat nor its respective officers, shareholders, related bodies corporate, partners, affiliates, employees, representatives and advisers, make any representation or warranty (express or implied) as to the accuracy, reliability, relevance or completeness of the material contained in this presentation and nothing contained in the presentation is, or may be relied upon, as a promise, representation or warranty, whether as to the past or the future. Black Cat hereby excludes all warranties that can be excluded by law. All persons should consider seeking appropriate professional advice in reviewing the presentation and all other information with respect to Black Cat and evaluating the business, financial performance and operations of Black Cat. Neither the provision of the presentation nor any information contained in the presentation or subsequently communicated to any person in connection with the presentation is, or should be taken as, constituting the giving of investment advice to any person. This presentation has been prepared for publication in Australia and may not be released to US wire services or distributed in the United States. This presentation does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States or any other jurisdiction. Any securities described in this presentation have not been, and will not be, registered under the US Securities Act of 1933 and may not be offered or sold in the United States except in transactions exempt from, or not subject to, registration under the US Securities Act and applicable US state securities laws. The distribution of this presentation in jurisdictions outside Australia may be restricted by law. Persons who come into possession of this presentation should observe any such restrictions. Any failure to comply with such restrictions may constitute a violation of law. Please refer to the internationaloffer restrictions section of this presentation. Gold intercepts are based on 1 g/t Au cut-off with <1m of internal dilution. Unless otherwise indicated, all dollar amounts in this presentation are Australian dollars unless otherwise stated. Competent Persons’ Statements The information in this announcement that relates to geology, exploration results, and planning, was compiled by Dr. Wesley Groome, who is a Registered Professional Geoscientist (Mineral Exploration)in the AIG and an employee, shareholder and option holder of the Company. Dr. Groome has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Dr. Groome consents to the inclusion in the report of the matters based on the information in the form and context in which it appears. The information in this announcement that relates to Mineral Resources was compiled by Mr. Iain Levy, who is a Member of the AIG and an employee, shareholder and option holder of the Company. Mr. Levy has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'AustralasianCode for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr. Levy consents to the inclusion in the report of the matters based on the information in the form and context in which it appears. The information in this announcement that relates to Exploration Targets was compiled by Mr. Iain Levy, who is a Member of the AIG and an employee, shareholder and option/rights holder of the Company. Mr. Levy has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr. Levy consents to the inclusion in the report of the matters based on the information in the form and context in which it appears. The information in this report that relates to Open Pit Ore Reserves or Production Targets is based on and fairly represents information compiled by Mr. Alistair Thornton. Mr. Thornton is a full-time employee of Black Cat. Mr Thornton has confirmed that he has read and understood the requirements of the 2012 Edition of the Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr. Thornton is a Competent Person as defined by the JORC Code 2012 Edition, having more than five years' experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity for which he is accepting responsibility. Mr. Thornton is a Member of the AusIMM and consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. The information in this report that relates to the Underground Ore Reserves or Production Targets is based on and fairly represents information compiled or reviewed by Mr. Jake Rovacsek. Mr. Rovacsek was a full-time employee of Black Cat. Mr. Rovacsek has confirmed that he has read and understood the requirements of the 2012 Edition of the Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr. Rovacsek is a Competent Person as defined by the JORC Code 2012 Edition, having more than five years' experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity for which he is accepting responsibility. Mr Rovacsek is a Member of the AusIMM and consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. The Company confirms that all material assumptions underpinning the Production Targets, or the forecast information derived from the Production Targets, included in the original ASX announcements dated, 8 May 2024 and 15 May 2024 continue to apply and have not materially changed. The Company confirms that it is not aware of any new information or data that materially affects the information in the original reports, and that the form and context in which the Competent Persons’ findings are presented have not been materially modified from the original reports. Where the Company refers to the Mineral Resources and Ore Reserves in this report (referencing previous releases made to the ASX), it confirms that it is not aware of any new information or data that materially affects the information included in that announcement and all material assumptions and technical parameters underpinning the Mineral Resource and Ore Reserve estimate with that announcement continue to apply and have not materially changed. JORC Code It is a requirement of the ASX Listing Rules that the reporting of ore reserves and mineral resources in Australia comply with the Joint Ore Reserves Committee’s Australasian Code for Reporting of Mineral Resources and Ore Reserves ("JORC Code"). Investors outside Australia should note that while ore reserve and mineral resource estimates of the Company in this document comply with the JORC Code (such JORC Code-compliant ore reserves and mineral resources being "Ore Reserves" and "Mineral Resources" respectively), they may not comply with the relevant guidelines in other countries and, in particular, do not comply with (i) National Instrument 43-101 (Standards of Disclosure for Mineral Projects) of the Canadian Securities Administrators (the "Canadian NI 43-101 Standards"); or (ii) Item 1300 of Regulation S-K, which governs disclosures of mineral reserves in registration statements filed with the SEC. Information contained in this document describing mineral deposits may not be comparable to similar information made public by companies subject to the reporting and disclosure requirements of Canadian or US securities laws. This presentation has been approved for release by the Managing Director of Black Cat Syndicate Limited.
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ASX: BC8 BC8.COM.AU PO Box 184, West Perth WA 6872 +61 (0) 458 007 713 admin@bc8.com.au ABN 63 620 896 282 APPENDICES TO FOLLOW
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16 GOLD RESOURCE SUMMARY ASX: 16 July 2026 MINING CENTRE Measured Resource Indicated Resource Inferred Resource Total Resource Tonnes (‘000) Grade (g/t Au) Metal (‘000 oz) Tonnes (‘000) Grade (g/t Au) Metal (‘000 oz) Tonnes (‘000) Grade (g/t Au) Metal (‘000 oz) Tonnes (‘000) Grade (g/t Au) Metal (‘000 oz) Kal East Gold Operation Myhree Centre Open Pit - - - 1,000 2.7 86 1,084 1.9 65 2,084 2.2 150 Underground - - - 230 4.6 34 924 3.4 102 1,154 3.7 136 Sub Total - - - 1,230 3.0 120 2,008 2.6 167 3,238 2.8 286 Majestic Centre Open Pit - - - 3,107 1.6 155 3,848 1.3 165 6,955 1.4 321 Underground - - - 967 4.3 135 432 4.6 64 1,398 4.4 199 Sub Total - - - 4,073 2.2 290 4,280 1.7 230 8,353 1.9 520 Fingals Centre Open Pit - - - 2,740 1.9 167 735 1.6 38 3,475 1.8 205 Underground - - - 180 4.6 26 312 4.3 43 491 4.4 69 Sub Total - - - 2,920 2.1 194 1,046 2.4 81 3,966 2.2 275 Trojan Open Pit - - - 1,843 1.1 68 3,901 1.1 134 5,744 1.1 202 Other Open Pit 13 3.2 1 164 2.7 14 913 2.4 70 1,090 2.4 85 Underground - - - - - - 13 11.7 5 13 11.7 5 Sub Total 13 3.2 1 164 2.7 14 926 2.5 75 1,103 2.5 90 Kal East Resource 13 3.2 1 10,230 2.1 685 12,162 1.8 686 22,405 1.9 1,372 Coyote Gold Operation Coyote Central Open Pit - - - 608 2.8 55 203 3.0 19 811 2.9 75 Underground - - - 240 23.4 181 516 10.5 175 757 14.6 356 Sub Total - - - 849 8.7 236 719 8.4 194 1,568 8.5 430 Bald Hill Open Pit - - - 560 2.8 51 613 3.2 63 1,174 3.0 114 Underground - - - 34 2.7 3 513 5.0 82 547 4.8 84 Sub Total - - - 594 2.8 54 1,126 4.0 145 1,721 3.6 198 Stockpiles - - - 375 1.4 17 - - - 375 1.4 17 Coyote Resource - - - 1,818 5.3 307 1,845 5.7 339 3,664 5.5 645 Paulsens Gold Operation Paulsens Underground 159 10.8 55 827 9.6 254 348 8.6 97 1,334 9.5 406 Stockpile 11 1.6 1 - - - - - - 11 1.6 1 Sub Total 170 10.2 56 827 9.6 254 348 8.6 97 1,345 9.4 407 Mt Clement Open Pit - - - - - - 532 1.4 24 532 1.4 24 Belvedere Underground - - - 95 5.9 18 44 8.3 12 139 6.6 30 Northern Anticline Open Pit - - - - - - 523 1.4 24 523 1.4 24 Electric Dingo Open Pit - - - 98 1.6 5 444 1.2 17 542 1.3 22 Paulsens Resource 170 10.2 56 1,019 8.4 277 1,891 2.9 174 3,080 5.1 506 TOTAL RESOURCES 183 9.7 57 13,067 3.0 1,269 15,898 2.3 1,199 29,149 2.7 2,524 Mining Depletion within the Resource of 36kt @ 8.3g/t Au for 10koz for Paulsens and 378kt @ 3.0g/t Au for 36koz for Bulong open pit has not been taken into account in the above table. Notes on Resources: 1. The preceding statements of Mineral Resources conforms to the ‘Australasian Code for Reporting of Exploration Results Mineral Resources and Ore Reserves (JORC Code) 2012 Edition’. 2. All tonnages reported are dry metric tonnes. 3. Data is rounded to thousands of tonnes and thousands of ounces gold. Discrepancies in totals may occur due to rounding. 4. Resources have been reported as both open pit and underground with varying cut-offs based off several factors discussed in the corresponding Table 1 which can be found with the original ASX announcements for each Resource. 5. Resources are reported inclusive of any Reserves.
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17 ORE RESERVES Mining Depletion within the Reserve of 43kt @ 4.1g/t Au for 6koz for Paulsens and 429kt @ 2.0g/t Au for 28koz for Kal East open pit has not been taken into account in the above table. Notes: 1. The preceding statements of Mineral Reserves conforms to the ‘Australasian Code for Reporting of Exploration Results Mineral Resources and Ore Reserves (JORC Code) 2012 Edition’. 2. All tonnages reported are dry metric tonnes. 3. Data is rounded to thousands of tonnes and thousands of ounces gold. Discrepancies in totals may occur due to rounding. 4. Cut-off Grade: • Open Pit - The Ore Reserves are based upon an internal cut-off grade greater than or equal to the break-even cut-off grade. • Underground - The Ore Reserves are based upon an internal cut-off grade greater than the break-even cut-off grade. 5. The commodity price used for the Revenue calculations for Kal East was AUD $2,300 per ounce. 6. The commodity price used for the Revenue calculations for Paulsens was AUD $2,500 per ounce. 7. The Ore Reserves are based upon a State Royalty of 2.5% and a refining charge of 0.2%. ASX: 03 June 2022, 10 July 2023 and 29 September 2025 Mining Centre Proven Reserve Probable Reserve Total Reserve Tonnes (‘000) Grade (g/t Au) Metal (‘000 oz) Tonnes (‘000) Grade (g/t Au) Metal (‘000 oz) Tonnes (‘000) Grade (g/t Au) Metal (‘000 oz) Kal East Gold Operation Open Pit - - - 3,288 1.8 193 3,288 1.8 193 Underground - - - 437 3.6 50 437 3.6 50 Kal East Reserve - - - 3,725 2.0 243 3,725 2.0 243 Paulsens Gold Operation Underground 93 4.5 14 537 4.3 74 631 4.3 87 Paulsens Reserve 93 4.5 14 537 4.3 74 631 4.3 87 Total Reserves 93 4.5 14 4,262 2.3 317 4,356 2.4 330
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18 ANTIMONY RESOURCES SUMMARY ASX: 24 November 2022 18 Notes: 1. The preceding statements of Mineral Resources conforms to the ‘Australasian Code for Reporting of Exploration Results Mineral Resources and Ore Reserves (JORC Code) 2012 Edition’.All tonnages reported are dry metric tonnes. 2. All tonnages reported are dry metric tonnes. 3. Data is rounded to thousands of tonnes and thousands of ounces/tonnes for copper, antimony, silver, and lead. Discrepancies in totals may occur due to rounding. 4. Resources have been reported as both open pit and underground with varying cut-offs based off several factors discussed in the corresponding Table 1 which can be found with the original ASX announcements for each Resource. 5. Resources are reported inclusive of any Reserves. 6. Gold is reported in the previous table for Mt Clement, and so is not reported here. A total of 66koz of gold is contained within the Mt Clement Resource. Deposit Resource Category Tonnes (‘000) Grade Contained Metal Au (g/t) Cu (%) Sb (%) Ag (g/t) Pb (%) Au (koz) Cu (kt) Sb (kt) Ag (koz) Pb (kt) Western Inferred 415 2.6 0.4 0.2 76.9 - 37 1.6 0.7 1,026 - Total 415 2.6 0.4 0.2 76.9 - 37 1.6 0.7 1,026 - Eastern Inferred 2,190 0.2 - 1.2 16.7 1.8 16 - 25.8 1,172 39.0 Total 2,190 0.2 - 1.2 16.7 1.8 16 - 25.8 1,172 39.0 TOTAL 2,605 - - - - 53 1.6 26.5 2,198 39.0