Waihi Operation

Underground gold and silver operation comprising the Martha Underground and the proposed Wharekirauponga Underground (WUG) development. Located 142 km southeast of Auckland in the North Island of New Zealand. Low-sulphidation, epithermal quartz vein system hosted by andesite volcanics. Acquired full ownership from Newmont in October 2015. Ore is processed using a SABC grinding circuit followed by CIP leaching. Fast-track Approvals for the Waihi North Project were obtained in December 2025, enabling the development of WUG and associated surface infrastructure.