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Investor Presentaiton

Kobada Main Deposit - Extends >250m in Depth Deep weathering profile supports soft rock dominant project • Broad, continuous mineralisation well defined by drilling (drilling is shallow with 90% less than 140m) • Mineralisation defined to 250m below surface and remains open at depth . Oxide depth averages 65m and can extend beyond 120m in some areas of the pit, well beyond other oxide deposits in West Africa TOUBANI RESOURCES • Free dig, soft oxide ore able to be easily mined and processed; favourable economics vs a hard rock operation • Additional upside below oxides with 0.9Moz in fresh rock Mineral Resources B' Laterite Saprolite Transition Fresh 0 150m Kobada Deposit Geological Model 300 B" B' +150 Au ppm 0-0.1 0.1-0.3 0.3-0.6 0.6-1 1-2 2-3 3-999 0 Kobada Deposit 150m Resource Model B" Note: Refer Company announcement dated 18 August 2023 for location of B - B. Oblique cross section view looking to northeast. Mineral Resources constrained by RPEEE shell, blocks and wireframes outside RPEEE shell are not classified. 12
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