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Reporting assumptions

These choices persist and are added to shared URLs.

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).

Syama

Mali · Producing · 80.0% 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.

Category	Tonnes (Mt)	Grade (g/t Au)	Contained (Moz Au)	As at
Measured	28.41 Mt	2.88 g/t	2.64 Moz	31 Dec 2025
Indicated	43.22 Mt	2.82 g/t	3.96 Moz	31 Dec 2025
Inferred	29.65 Mt	1.57 g/t	1.49 Moz	31 Dec 2025
Total Resources	101.28 Mt †	2.48 g/t †	1.44 Moz	31 Dec 2025
Proved	—	—	—	—
Probable	44.29 Mt	2.17 g/t	3.08 Moz	31 Dec 2025
Total Reserves	44.29 Mt	2.17 g/t	3.08 Moz	31 Dec 2025

Sub-category rows are as disclosed (no Reserves-treatment netting); the Total rows honour the Resources treatment and Inferred-policy toggles, so components may not sum to the Total.

† Tonnes and grade as published (not net): the reserve statement prints no tonnage to net out, so only Contained honours the Resources treatment on this row.

Cut-off grade

0.7000 g/t Au · 1.5000 g/t Au · 1.0000 g/t Au · 1.8000 g/t Au

Price assumption

A$2300.00/oz

JORC code year

2012

Peer benchmark — producing Au projects (282 with resources)Resource size P77Resource grade P67View 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: Ore Reserves and Mineral Resource Statement · 31 Dec 2025
Reporting code: JORC 2012
Convention: inclusive
Currency assumption: A$
Disagreement flags: 9 rows

Current R&R

Resources

Area	Category	Tonnes (Mt)	Au		As at	Source	Provenance
Area	Category	Tonnes (Mt)	Grade (g/t Au)	Contained (Moz Au)	As at	Source	Provenance
Old Tailings	Inferred	17.00 Mt	0.70 g/t	0.37 Moz	31 Dec 2025	5Unverified Evidence record Syama Inferred · Au · as at 2025-12-31 Reported figure Area Old Tailings Basis 100% Ore tonnes (t) 17000000.0000 Grade 0.7000 Contained (oz) 365000.0000 Classification Resource Source trail Ore Reserves and Mineral Resource Statement 5 Published 2026-03-05 Verification Approved; not independently verified · Model extracted QA INFO: recompute differs 4.82% from the printed contained figure, but the printed tonnes/grade/contained are only good to ±9.08% (rounding granularity) — treated as reconciled. \| QA approved: verified against the source print by the tranche-19 agent pass Copies a pre-filled issue record so you can send it through your normal channel.

Reserves

Area	Category	Tonnes (Mt)	Au		As at	Source	Provenance
Area	Category	Tonnes (Mt)	Grade (g/t Au)	Contained (Moz Au)	As at	Source	Provenance
Total	Total Reserves	44.29 Mt	2.17 g/t	3.08 Moz	31 Dec 2025	derived from 4 rows Probable: 2-3 Probable: 2-3 Probable: 3 Probable: 2-3 Unverified Evidence record Syama Total Reserve · Au · as at 2025-12-31 Reported figure Area Whole project Basis 100% Ore tonnes (t) 44287000 Grade 2.1679838327274368 Contained (oz) 3081000 Classification Reserve Source trail Ore Reserves and Mineral Resource Statement 2-3 · contributes Probable Ore Reserves and Mineral Resource Statement 2-3 · contributes Probable Ore Reserves and Mineral Resource Statement 3 · contributes Probable Ore Reserves and Mineral Resource Statement 2-3 · contributes Probable Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	—
Satellite Deposits	Probable	22.40 Mt	2.20 g/t	1.59 Moz	31 Dec 2025	2-3Unverified Evidence record Syama Probable · Au · as at 2025-12-31 Reported figure Area Satellite Deposits Basis 100% Ore tonnes (t) 22404000.0000 Grade 2.2000 Contained (oz) 1591000.0000 Classification Reserve Source trail Ore Reserves and Mineral Resource Statement 2-3 Published 2026-03-05 Verification Approved; not independently verified · Model extracted QA INFO: inclusive-of-reserves flag cleared — the flag describes resource statements; reserve rows carry none. \| QA approved: verified against the source print by the tranche-19 agent pass Copies a pre-filled issue record so you can send it through your normal channel.	notes (5) Source: Ore Reserves and Mineral Resource Statement · published 05 Mar 2026 Ref: 2-3
Stockpiles (Satellite Deposits)	Probable	0.88 Mt	0.60 g/t	0.02 Moz	31 Dec 2025	3Unverified Evidence record Syama Probable · Au · as at 2025-12-31 Reported figure Area Stockpiles (Satellite Deposits) Basis 100% Ore tonnes (t) 883000.0000 Grade 0.6000 Contained (oz) 18000.0000 Classification Reserve Source trail Ore Reserves and Mineral Resource Statement 3 Published 2026-03-05 Verification Approved; not independently verified · Model extracted QA INFO: inclusive-of-reserves flag cleared — the flag describes resource statements; reserve rows carry none. QA INFO: recompute differs 5.37% from the printed contained figure, but the printed tonnes/grade/contained are only good to ±8.83% (rounding granularity) — treated as reconciled. \| QA approved: verified against the source print by the tranche-19 agent pass Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source: Ore Reserves and Mineral Resource Statement
Stockpiles (Sulphide)	Probable	2.34 Mt	1.40 g/t	0.10 Moz	31 Dec 2025	2-3Unverified Evidence record Syama Probable · Au · as at 2025-12-31 Reported figure Area Stockpiles (Sulphide) Basis 100% Ore tonnes (t) 2339000.0000 Grade 1.4000 Contained (oz) 104000.0000 Classification Reserve Source trail Ore Reserves and Mineral Resource Statement 2-3 Published 2026-03-05 Verification Approved; not independently verified · Model extracted QA INFO: inclusive-of-reserves flag cleared — the flag describes resource statements; reserve rows carry none. QA INFO: recompute differs 1.23% from the printed contained figure, but the printed tonnes/grade/contained are only good to ±4.07% (rounding granularity) — treated as reconciled. \| QA approved: verified against the source print by the tranche-19 agent pass Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source: Ore Reserves and Mineral Resource Statement
Underground	Probable	18.66 Mt	2.30 g/t	1.37 Moz	31 Dec 2025	2-3Unverified Evidence record Syama Probable · Au · as at 2025-12-31 Reported figure Area Underground Basis 100% Ore tonnes (t) 18661000.0000 Grade 2.3000 Contained (oz) 1368000.0000 Classification Reserve Source trail Ore Reserves and Mineral Resource Statement 2-3 Published 2026-03-05 Verification Approved; not independently verified · Model extracted QA INFO: inclusive-of-reserves flag cleared — the flag describes resource statements; reserve rows carry none. \| QA approved: verified against the source print by the tranche-19 agent pass Copies a pre-filled issue record so you can send it through your normal channel.	notes (5) Source: Ore Reserves and Mineral Resource Statement · published 05 Mar 2026 Ref: 2-3