Evolution Mining FY24 Guidance Update
DELIVERING OUR
GROWTH PIPELINE
Group Mineral Resources growth since inception (koz)
Reinforces strategy of identifying and acquiring assets in the
right geological address where strong mineral endowment
can continue to be unlocked by the Discovery team
■ Cowal
■ Grade upside potential as we continue to de-risk
underground production
■ Growth opportunities at Dalwhinnie South, Regal & Gap
Zone
■ Long-term exploration option at South Cowal
Mungari
■ Confident our production centres can sustain 200koz
annual production to 2038+
■ Continue converting underground resources to reserve
maintaining high grade ore production feed
Ernest Henry
PFS doubled the reserve and extends mine life to 2040
■ Ernie Junior (1125-775mRL) offers potential to keep the
mill full at current processing rate to 2040+
■ Incremental production opportunity at Bert
Deeper ore body extensions below 775mRL
6,967
Evolution
Nov 2011
3,486
12,103
30,343
21,830 Divestments
-2,154
Growth
Depletion
Acquisitions
-8,403
Evolution
Dec 2022
Group Ore Reserves growth since inception (koz)
10,150
6,069 Divestments
-815
Depletion
Acquisitions
Growth
10,586
Evolution
Nov 2011
Evolution
Dec 2022
-8,304
Evolution
MINING
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