Hunting Large High-Grade Gold Deposits in Côte d'Ivoire

WEST AFRICAN GOLD PEERS $459M $302M Enterprise Value & Market Cap $164M $141M $128M Mako Gold Market Cap (A$M) ■ EV (A$M) $101M $84M $63M $60M $56M $33M $32M $375M $231M $112M $120M $112M $90M $49M $49M $42M $46M $26M $17M OREZONE TIETTO MINERALS OSINO ROSCANGOLD predictive discovery Montage OKLO NEWCORE GOLD GOLD RESOURCES LIMITED CHESSER RESOURCES MANAS RESOURCES Mako Gold ORECORP RESOURCES LIMITED TSX-V ASX ASX TSX-V TSX-V ASX TSX-V ASX TSX-V ASX ASX ASX Burkina Faso Tanzania Cote D'Ivoire Namibia Mali Guinea Cote D'Ivoire Mali Ghana Senegal Cote D'Ivoire Cote D'Ivoire Developer Developer Developer Developer Explorer Explorer Explorer Explorer Explorer Explorer Explorer Explorer Note: All dollars quoted in AUD. Share price data as at 12 July 2021. Assumed AUD:USD FX Rate 0.77 and AUD:CAD FX Rate 0.94. Mako includes new shares from the recent $10M capital raising (8 July 2021) Source: Factset database and company announcements ך 18

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