Havieron

High-grade underground gold-copper development project located approximately 45 km east of Telfer in the Paterson region. Discovered by Greatland in 2018 and consolidated to 100% ownership in December 2024 following the acquisition of Newmont's 70% interest. The deposit is contained within a compact 650 m strike length and defined over 1,400 vertical metres. Early works commenced in January 2021, including 2,110 m of decline development through 80% of the depth to the top of the ore body; underground development is currently paused pending completion of the Feasibility Study. The FS, targeted for the December 2025 quarter, is assessing an expanded initial mining rate of 2.8 Mtpa post ramp-up, increasing to 4.0-4.5 Mtpa via a second decline and underground crusher. Ore will be processed at the existing Telfer plant.