Investor Presentaiton
GROUP GOLD MINERAL RESOURCES AT 31 DECEMBER 2022
(WITH ERNEST HENRY JUNE 2023 MINERAL RESOURCE UPDATE)
Gold
Project
Туре
Cut-off
(g/t Au)
Tonnes
(Mt)
Measured
Gold
Grade (g/t) Grade (g/t)
Indicated
Gold
Cowal1
Open pit
0.35
29.5
0.46
440
Tonnes
(Mt)
182.9
Gold
Grade (g/t)
Gold Metal Tonnes
Inferred
Gold
Total Resource
CP7
Gold Metal Tonnes
(koz)
(Mt)
Grade (g/t)
(koz)
(Mt)
Gold
Grade (g/t)
Gold Metal
(koz)
0.86
5,033
26.5
0.80
682
238.9
0.80
6,155 1
Cowal
UG
1.50
22.0
2.49
1,760
12.4
2.33
925
34.4
2.43
2,685 1
Cowal¹
Total
29.5
0.46
440
204.9
1.03
6,793
38.8
1.29
1,607
273.3
1.01
8,840
1
Red Lake²
Total
2.5-3.3
35.7
6.66
7,639
24.8
5.90
4,702
60.4
6.35
12,342
Mungari 1,3
Open pit
0.31-0.34
53.8
1.08
1,864
24.0
1.16
894
77.8
1.10
2,758
Mungari 1,4
UG
1.46-2.44
1.4
4.66
205
9.7
4.28
1,332
8.7
3.74
1,043
19.7
4.07
2,580
Mungari¹
Total
1.4
4.66
205
63.5
1.57
3,196
32.7
1.84
1,937
97.5
1.70
5,338
♡
3
Mt Rawdon¹
Total
0.23
5.5
0.30
54
21.0
0.58
389
2.3
0.48
35
28.8
0.52
478 4
Ernest Henry5,6
Total
N/A²
35.0
0.75
847
35.0
0.76
852
31.5
0.66
668
101.5
0.73
2,368
LO
5
Marsden
Total
0.20
119.8
0.27
1,031
3.1
0.22
22
123.0
0.27
1,053 1
Total
71.4
0.67
1,546
479.9
1.29
19,901
133.2
2.09
8,972
684.5
1.38
30,419
Data is reported to significant figures to reflect appropriate precision and may not sum precisely due to rounding. "UG" denotes underground
Mineral Resources are reported inclusive of Ore Reserves
1. Includes stockpiles
2. Red Lake Mineral Resource cut-off varies from 2.5g/t Au to 3.3g/t Au and is dependent on deposit and location from surface and processing plant
3. Mungari Open Pit Mineral Resource cut-offs vary from 0.31g/t Au to 0.34g/t Au. The average open pit cut-off is 0.32g/t Au
4. Mungari Underground Mineral Resource cut-offs vary from 1.46g/t Au to 2.44g/t Au per deposit. The average underground cut-off is 1.96g/t Au
5. Ernest Henry Operations reported Mineral Resources are reported within an interpreted 0.7% Cu mineralised envelope
6. Ernest Henry reported Mineral Resource estimate is depleted to 30 June 2023
7. Group Gold Mineral Resources Competent Person (CP) Notes refer to 1. James Biggam; 2. Jason Krauss; 3. Brad Daddow; 4. Matthew Graham-Ellison; 5. Phil Micale
This information is extracted from the releases titled 'Annual Mineral Resources and Ore Reserves Statement' dated 16 February 2023, "Mungari Mine Life Extended to 15 Years at 10 to 20% lower AISC" dated 5 June 2023 and "Further Increase in Ernest Henry Mineral Resource"
dated 17 August 2023 available to view at www.evolutionmining.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in the release and that all material assumptions and parameters underpinning the estimates
in the release continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Persons' findings are presented have not been materially modified from the Reports
Evolution
MINING
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