Evolution Mining FY24 Guidance Update

SECTION 2 2- REPORTING OF EXPLORATION RESULTS Criteria Relationship between mineralisation widths and intercept lengths Diagrams Cowal Section 2 Reporting of Exploration Results Commentary Mineralisation within the drilling area is bounded by large north-south trending structures, however there are strong, internal, oblique structural controls. Drillholes are typically oriented to optimize the angle of intercept at the target location. Where reliable estimated true widths (ETW) can be calculated, these have been included alongside down hole measurements. 36400 N 36600 N 136800 N 86400E N N 35800 N 37000 N 37200 N 37000 N 7200 N +86400 E N • 36400 N 36600 N Punge 90 Azimut 20 Locking do Plunge +90 Azimuth 090 Looking down 50 100 150 2010 E 3600 N 36800 N 37000 N 37200 Plan view of reported drilling into Dalwhinnie South - 900mRL Plan view of RDU0014 - zone between Regal and Dalwhinnie orebodies, 780mRL Legend Inferred Mineral Resource Dec 2022 Indicated Mineral Stopes - Dec 2022 Resource Dec Probable Ore Reserve UG 'As Built' Development 2022 • +86600 Plunge 90 Amuth 270 Looking down 100 150 200 1402 N Plan view of RDU0016 - Regal orebody, 570mRL Reported Drill Trace Reported Intercept 60 60

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