Pogo — gold mine

Pogo is a high-grade underground gold mine 145 km southeast of Fairbanks in central Alaska, USA. FY25 delivered strong performance with gold sold of 283.4 koz (FY24: 278.3 koz) at AISC US$1,341/oz (FY24: US$1,372/oz), or A$2,074/oz at AUD:USD 0.65. Q4 FY25 mill achieved a record annualised throughput of 1.6 Mtpa. Drilling confirmed continuity of mineralisation between Pogo and the Goodpaster Resource area, plus extensions to Central Lodes, Liese and Goodpaster vein systems and new structures comparable to the North Zone. The Star discovery (Liese-style quartz veins, 1.3 km from the mine) returned positive initial results. Pogo's grade is the highest in the portfolio at 10.0 g/t Au MR.