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Investor Presentaiton

Feasibility Study Highlights After-Tax NPV 5% $622 million $1,600 per ounce Base Case Simple Operation | One Open Pit | Conventional 12,600 tpd Plant After-Tax IRR 24% $1,600 per ounce Base Case Development Capital $458 million To commercial production Payback Period 3.2 years From commercial production Total LOM Gold Production 1,834 koz Over a 10.5 year mine life Average Annual Gold Production 175 koz pa 196 koz pa over the first five full years Total Cash Costs (¹) $623/oz Margin of $977/oz (2) Exploration upside exists from district scale 996 km² land package (1) Total Site Costs + TCRC + Royalties. (2) Assumes Base Case gold price of $1,600/oz. (3) Total Operating Costs + Sustaining Capital Costs + Closure Costs AISC(3) $681/oz Bottom of the industry cost curve TSXV:GMIN 23
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