Mid-Tier Road Map slide image

Mid-Tier Road Map

KEFI GOLD + COPPER Hawiah (30%) Existing Asset Overview - Saudi Arabia 2021 Mineral Resource 24.9MT @ 0.9% Cu and 0.62g/t Au In situ gold equivalent of 2.2Moz versus Tulu Kapi 1.7Moz Drilling continues to expand resource inventory Additional exploration licence granted (Al Godeyer) is direct analogue to Hawiah and already enjoyed exploration success . Objectives for 2022 • . Upgrade and expand the Oxide Resource Explore the Central Zone of the Hawiah Ridge line Complete drill program on Al Godeyer Licence. Produce a Maiden MRE Complete the Hawiah PFS ready for a ML application by Q4 2022 Jibal Qutman (30%) Seeking to progress mining licence application JORC Resource of 733,000oz gold, open at depth PEA established for heap leach operation Opex < $700/oz, Capex < $40M, Target production of 35,000oz Objectives for 2022 • Continue to work closely with the DMMR to approve Mining Licence application. Undertake a complete re-evaluation of the PEA to ensure compliance with new Environmental and Mining regulations. Develop coherent plan to move project into construction in 2023. 17
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