Investor Presentaiton
ACQUISITION OF NORTHPARKES (80%)
Established, long-life copper-gold asset with significant upside potential
On strategy
Creating a portfolio of long-life gold & copper assets
Immediate cash generating asset
Strong YTD¹ CY2023 cash flows
Well-established, long-life operation
FY24E production of 25kt Cu, 38koz Au2,3
In an attractive mining region
Highly prospective geology and close to Cowal
Financially accretive transaction
Accretive to Evolution across a variety of metrics
Evolution
MINING
Australia
NSW
I Queensland
New South Wales
Northparkes
Cowal
Victoria
Northparkes (80%)
Production - FY24E
25kt Cu, 38koz Au
Ore Reserve4
101 Mt, 0.53% Cu,
0.27g/t Au
Mine life
~30 years
Cu Au Ag
Mineral Resource4
628Mt @
0.55% Cu,
0.20g/t Au
Melbourne
Sydney
Canberra
N
200 km
Legend
Lachlan Fold Belt
1. Based on Northparkes' production and financial performance for CY2023 YTD October (inclusive)
2. Production shown on a full year basis to 30 June 2024 at the 80% interest level of Evolution. Evolution only entitled to production post transaction close. Based on Evolution's due diligence and information provided by CMOC
3. Northparkes FY24E forecast production is shown on an 80% attributed basis to Evolution
4.
Evolution reports Northparkes Mineral Resource and Ore Reserve (as reported by CMOC) on a 100% basis but is attributed 80%. Investors should note that the reporting of Mineral Resource and Ore Reserve estimates for
the Northparkes Mine ("CMOC's estimates") are not reported in accordance with the JORC Code 2012. Full details are provided in the ASX announcement accompanying this investor presentation
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