Rebecca-Roe

Greenfields gold development project east of Kalgoorlie in WA's Eastern Goldfields, acquired via the takeover of Apollo Consolidated (2021 - Rebecca) and Breaker Resources (2023 - Roe). The combined Rebecca-Roe PFS was released December 2024, demonstrating an after-tax NPV5% of A$332M at A$3,500/oz gold (rising to A$610M at A$4,000/oz) and IRR of 26%. LOM plan is 25Mt @ 1.4g/t for 1.1Moz across OP and UG sources from Rebecca, Duchess, Duke, Cleo (~150km E of Kalgoorlie) and Bombora, Crescent-Kopai, Claypan (Roe area, ~100km E of Kalgoorlie). LOM annual production averages 130koz pa at average AISC A$2,346/oz, with total project capital of A$538M including a planned 3Mtpa processing plant adjacent to Rebecca (A$190M). Mineralisation in shear lodes with disseminated pyrite/pyrrhotite/silicification hosted within gneissic granodiorite (Rebecca) and as disseminated gold within stockwork and quartz veins in Archean mafics and dolerite intrusives (Roe). DFS due December 2025 quarter, FID shortly thereafter. FY26 exploration A$12-15M.