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Reporting assumptions

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Ownership basis

Show the full project inventory before ownership adjustment.

Display scale

Display contained quantities in millions of ounces or tonnes.

Resource treatment

Normalise Resources to exclude Reserves: where a project is flagged inclusive, net Reserves out of Resources so the figure is additional Resources beyond Reserves. Unknown-convention rows are shown as stated.

Resource total

Total Resource includes Inferred (JORC convention). Totals are re-derived from category rows wherever the document discloses them.

Recovery basis

Show the issuer's headline recoverable figure as reported. Lithium-brine reserves already have the brine-processing recovery factor applied; everything else is shown as stated.

Commodity view

Primary view: each commodity in its own contained unit (oz / t).

Paris

South Australia, Australia · Developing · 100.0% ownedUnverified

Current R&R by category

Whole-project rollup at the latest vintage per category: printed project-level rows are preferred, and mining areas are summed (tonnes-weighted grade) only where the issuer prints no project-level row. Per-area and per-source detail in the Current R&R table below.

Ag

Category	Tonnes (Mt)	Grade (g/t Ag)	Contained (Moz Ag)	As at
Measured	—	—	—	—
Indicated	17.00 Mt	75.00 g/t	41.00 Moz	05 July 2023
Inferred	7.20 Mt	67.00 g/t	16.00 Moz	05 July 2023
Total Resources	24.00 Mt	73.00 g/t	57.00 Moz	05 July 2023
Proved	—	—	—	—
Probable	12.00 Mt	88.00 g/t	33.00 Moz	27 Feb 2026
Total Reserves	12.00 Mt	88.00 g/t	33.00 Moz	27 Feb 2026

Pb

Category	Tonnes (Mt)	Grade (% Pb)	Contained (Mt Pb)	As at
Measured	—	—	—	—
Indicated	17.00 Mt	0.50%	0.09 Mt Pb	05 July 2023
Inferred	7.20 Mt	0.42%	0.01 Mt Pb	05 July 2023
Total Resources	24.00 Mt	0.41%	0.10 Mt Pb	05 July 2023
Proved	—	—	—	—
Probable

Cut-off grade

25.0000 % Pb · 25.0000 g/t Ag · 28.5000 g/t Ag

Price assumption

—

JORC code year

2012

Peer benchmark — developing Ag projects (131 with resources)Resource size P73Resource grade P89View on grade-tonnage chart →

Percentile of this project's current total Resource among covered peers (P100 = largest / highest grade). Basis and Inferred toggles apply.

Data quality

Latest source: Paris DFS Investor Presentation · 27 Feb 2026
Reporting code: JORC 2012
Convention: unknown
Currency assumption: A$
Disagreement flags: 5 rows

Current R&R

Resources

Category	Tonnes (Mt)	Ag		Pb		As at	Source	Provenance
Category	Tonnes (Mt)	Grade (g/t Ag)	Contained (Moz Ag)	Grade (% Pb)	Contained (Mt Pb)	As at	Source	Provenance
Indicated	17.00 Mt	75.00 g/t	41.00 Moz	0.50%	0.09 Mt Pb	05 July 2023	4Unverified Evidence record Paris Indicated · Pb · as at 2023-07-05 Reported figure Area Whole project Basis 100% Ore tonnes (t) 17000000.0000 Grade 0.5000 Contained (t Pb) 85000.0000 Classification Resource Source trail Paris DFS Investor Presentation 4 Published 2026-03-03 Verification Approved; not independently verified · Model extracted QA INFO: possible missing commodity coverage — the document prints Zn grade/contained column(s) but the extraction emitted no Zn rows; verify the R&R table columns (live class: GMTL Pilot Mountain Zn). \| QA fix: document states no resource/reserve inclusivity relationship — cleared Copies a pre-filled issue record so you can send it through your normal channel.

Inferred

7.20 Mt

67.00 g/t

16.00 Moz

0.42%

0.01 Mt Pb

05 July 2023

4Unverified

notes (6)

Source: Paris DFS Investor Presentation · published 03 Mar 2026

Ref: 4

JORC 2012 — Reporting code of record: JORC 2012
Cutoff 25.00 % Pb — Cut-off grade assumption from the source statement.

QA notes:

QA BLOCK: recomputed contained 30240.0000 t Pb vs reported 14000 t Pb (116.00% disagreement) QA INFO: possible missing commodity coverage — the document prints Zn grade/contained column(s) but the extraction emitted no Zn rows; verify the R&R table columns (live class: GMTL Pilot Mountain Zn).
QA fix: document states no resource/reserve inclusivity relationship — cleared
QA annotate (t98v, a6.txt): source table internally inconsistent (gap 53.7%) — the single largest disagreement in my block, and NOT print granularity: the Pb grade is printed to 2 decimals. doc ae13bf06 p4 "Table 1: Paris Mineral Resource Estimate #1 / Category Mt Ag g/t Pb % Ag Moz Pb Kt" prints two rows: "Indicated 17 75 0.5 41 85" and "Inferred 7.2 67 0.42 16 14". Stored t=7.2Mt g=0.42% c=14,000t is the Inferred row verbatim. The Indicated row reconciles EXACTLY on both metals (17Mt x 0.5% = 85.0 kt Pb = printed 85; 17Mt x 75 g/t = 40.99 Moz Ag = printed 41), and the Inferred row reconciles on silver (7.2Mt x 67 g/t = 15.51 Moz, prints 16) — but its Pb Kt cell of 14 implies 0.194% Pb against a printed 0.42%, a factor of 2.16. Recompute would give 30.2 kt. The print says 14, so per the rules of evidence no FIX; the row stands with its contained-Pb and grade cells in flat contradiction. Flagged in my reply as the top re-fetch candidate (primary source: ASX announcement 5 July 2023 "Paris Mineral Resource Estimate Update", which this presentation is extracting from).
t98v

Reserves

Category	Tonnes (Mt)	Ag		Pb		As at	Source	Provenance
Category	Tonnes (Mt)	Grade (g/t Ag)	Contained (Moz Ag)	Grade (% Pb)	Contained (Mt Pb)	As at	Source	Provenance
Probable	12.00 Mt	88.00 g/t	33.00 Moz	—	—	27 Feb 2026	4Unverified Evidence record Paris Probable · Ag · as at 2026-02-27 Reported figure Area Whole project Basis 100% Ore tonnes (t) 12000000.0000 Grade 88.0000 Contained (oz) 33000000.0000 Classification Reserve Source trail Paris DFS Investor Presentation 4 Published 2026-03-03 Verification Approved; not independently verified · Model extracted QA INFO: recompute differs 2.88% from the printed contained figure, but the printed tonnes/grade/contained are only good to ±6.25% (rounding granularity) — treated as reconciled. QA INFO: possible missing commodity coverage — the document prints Zn grade/contained column(s) but the extraction emitted no Zn rows; verify the R&R table columns (live class: GMTL Pilot Mountain Zn). Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source: Paris DFS Investor Presentation · published 03 Mar 2026 Ref: 4 JORC 2012 — Reporting code of record: JORC 2012 Cutoff 28.50 g/t Ag — Cut-off grade assumption from the source statement. QA notes: QA INFO: recompute differs 2.88% from the printed contained figure, but the printed tonnes/grade/contained are only good to ±6.25% (rounding granularity) — treated as reconciled. QA INFO: possible missing commodity coverage — the document prints Zn grade/contained column(s) but the extraction emitted no Zn rows; verify the R&R table columns (live class: GMTL Pilot Mountain Zn).
Total Reserves	12.00 Mt	88.00 g/t	33.00 Moz	—	—	27 Feb 2026	4Unverified Evidence record Paris Total Reserve · Ag · as at 2026-02-27 Reported figure Area Whole project Basis 100% Ore tonnes (t) 12000000.0000 Grade 88.0000 Contained (oz) 33000000.0000 Classification Reserve Source trail Paris DFS Investor Presentation 4 Published 2026-03-03 Verification Approved; not independently verified · Model extracted QA INFO: recompute differs 2.88% from the printed contained figure, but the printed tonnes/grade/contained are only good to ±6.25% (rounding granularity) — treated as reconciled. QA INFO: possible missing commodity coverage — the document prints Zn grade/contained column(s) but the extraction emitted no Zn rows; verify the R&R table columns (live class: GMTL Pilot Mountain Zn). Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source: Paris DFS Investor Presentation