Investor Presentaiton
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Kobada Main Deposit - Over 5km of Strike
Large, shallow and well drilled open pittable Mineral Resource
Kobada Main is a large, continuous deposit extending over 5km at
surface level
Mineral Resources of 2.4Moz defined within a 4.5km long open pit
with close spaced, near surface drilling
Kobada is predominantly oxide and remains open along strike in
both directions, as well as being open at depth
Low stripping ratio with free dig oxide mineralisation from surface
Kobada Deposit
4.5km
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Opportunity to include Foroko in forthcoming DFS Update
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Resource estimate is constrained within RPEEE pit shell using
US$1,950/oz and prevailing costs
Kobada Deposit
Material
Indicated
Inferred
Total
Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces
(Mt) (g/t) (Moz)
(Mt)
(g/t) (Moz)
(Mt)
Oxide
38 0.80 0
0.96
17
(Moz)
0.93 3 0.51 55 0.84 1.4
(g/t)
Fresh
22
0.79
0.57
9
1.16
0.35
32
0.90
0.92
Total
60
0.79
1.53
27
1.01
0.86
87
0.86
2.39
Kobada Main
4.5km
Kobada Main
TOUBANI
RESOURCES
RPEEE Shell
Foroko
Au ppm
Mineral Resource
0-0.1
0.1-0.3
0.3-0.6
0.6-1
1-2
☐ 2-3
3-99
Foroko
RPEEE Shell
Mineral Resource
Weathering
Laterite
Saprolite
Transitional
Fresh
Note: Refer Company's announcement dated 18 August 2023. Mineral Resource cut-off grade of 0.25 g/t Au for oxide, 0.30g/t Au for fresh was applied. Refer Slide 32 for additional information. RPEEE: Reasonable Prospects of Eventual Economic Extraction
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