Acquisition of Western Areas Limited
Exploration Portfolio
Combined exploration portfolio is diversified by geography, operation and commodity
Extensive Exploration Portfolio
Coupled with the funding capacity and expertise to fully exploit this upside with an
extensive portfolio of Fraser Range interests, exploration of the Western Gawler,
West Kimberley and Lake Mackay projects
IGO expecting a pro forma FY22 exploration budget of ~A$80M1 to be utilised
across the combined tenement package
igo
Combined Exploration Projects²
GREENLAND
Post completion, exploration budget and plan to be further developed for
Western Areas portfolio
Combined exploration portfolio is diversified by geography, operation and
commodity
Combined FY22 Exploration Budget
Western Areas
Exploration
Lake Mackay,
Copper Coast,
Raptor
~A$80M
Nova & Fraser
Range
Kimberley
Project
Paterson Project
KIMBERLEY
PATERSON
MT ALEXANDER
FRASER RANGE
PERTH
FRONTIER
RAPTOR
IRINDINA
LAKE MACKAY
WESTERN GAWLER
COPPER COAST
1. ~$80M budget estimated using IGO FY22 exploration budget of A$65M plus lower end of WSA FY22 exploration guidance of A$15M (as per WSA FY21 Results Presentation released to ASX on 24 August 2021); 2. Exploration projects held either by IGO
100% or via various joint ventures
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