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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).

Kokoseb

Erongo Region, Namibia · Developing · 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	—	—	—	—
Indicated	63.90 Mt	0.98 g/t	2.01 Moz	10 Aug 2026
Inferred	49.00 Mt	1.10 g/t	1.80 Moz	10 Aug 2026
Total Resources	43.20 Mt	1.32 g/t	1.83 Moz	10 Aug 2026
Proved	—	—	—	—
Probable	69.80 Mt	0.87 g/t	1.95 Moz	10 Aug 2026
Total Reserves	69.80 Mt	0.87 g/t	1.95 Moz	10 Aug 2026

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.

Dotted tonnes/grade are derived under the active Resources treatment: tonnes are netted of (or grossed by) the reserve tonnage alongside contained, and grade is re-derived as netted contained ÷ netted tonnes — not the published figures.

Cut-off grade

0.5000 g/t Au · 0.8500 g/t Au · 0.4000 g/t Au

Price assumption

A$2600.00/oz

JORC code year

2012

Peer benchmark — developing Au projects (284 with resources)Resource size P67Resource grade P48View 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: Robust DFS for Kokoseb and Project Financing Update · 10 Aug 2026
Reporting code: JORC 2012
Convention: inclusive
Currency assumption: A$
Disagreement flags: 2 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
Total	Indicated	63.90 Mt	0.98 g/t	2.01 Moz	10 Aug 2026	6Unverified Evidence record Kokoseb Indicated · Au · as at 2026-08-10 Reported figure Area Whole project Basis 100% Ore tonnes (t) 63900000.0000 Grade 0.9800 Contained (oz) 2010000.0000 Classification Resource Source trail Robust DFS for Kokoseb and Project Financing Update 6 Published 2026-08-10 Verification Approved; not independently verified · Model extracted QA INFO: as_at equals the publication date (2026-08-10) and no printed effective date was found — verify. The document states no 'effective'/'as at'/'as of' date near that date, so the statement date may simply have been borrowed from the dateline (t71 PGLD/NRM class). QA WARN: identical figures appear under ANOTHER area label of this project in the same document — likely one printed estimate stored twice (a summary/grouping line duplicating its leaf). Keep one copy; reject the relabelled twin. QA WARN: area-NULL copy (63900000.0 t) matches the 'Open Pit' sibling (100000000 t) within print rounding — likely the SAME estimate from the summary and detail tables (t67 Bilboes class; rounding defeats exact dedup). Keep the key the book's series uses; reject the twin. QA INFO: document prints mine-plan/LOM-inventory vocabulary ('mining inventory') but this row's figures anchor outside those sections — verify the source table; no inventory sourcing is implied. QA WARN: duplicate row — this (project, mining area, commodity, classification, category, as-at date) appears 2 times in the document. Keep one and reject the extras. \| QA approve (t104 q1): canonical whole-project Indicated row at the stated cutoffs: Table 4 Total prints "63.9 0.98 2.01"; the estimate was first disclosed in the ASX announcement dated 10 August 2026. \| t104v Copies a pre-filled issue record so you can send it through your normal channel.

Total

Inferred

49.00 Mt

1.10 g/t

1.80 Moz

10 Aug 2026

6Unverified

notes (5)

Source: Robust DFS for Kokoseb and Project Financing Update · published 10 Aug 2026

Ref: 6

JORC 2012 — Reporting code of record: JORC 2012
Cutoff 0.50 g/t Au — Cut-off grade assumption from the source statement.

QA notes:

QA INFO: as_at equals the publication date (2026-08-10) and no printed effective date was found — verify. The document states no 'effective'/'as at'/'as of' date near that date, so the statement date may simply have been borrowed from the dateline (t71 PGLD/NRM class). QA INFO: inclusive-of-reserves flag cleared on an inferred row — reserves derive from M&I only, so the flag is meaningless on inferred. QA WARN: document contains mine-plan/LOM-inventory table vocabulary ('mining inventory') — such tables print production-target inventory, NOT a Mineral Resource estimate, and their rows look clean at store time (t23 TGM class). Map each row to its source table before approval and reject rows sourced from the mine-plan/inventory table. QA WARN: duplicate row — this (project, mining area, commodity, classification, category, as-at date) appears 2 times in the document. Keep one and reject the extras. QA INFO: recompute differs 3.73% from the printed contained figure, but the printed tonnes/grade/contained carry ±8.34% rounding granularity (capped per component; the true half-step band of coarse prints is wider) and the remainder sits under the warn threshold — treated as reconciled.
QA approve (t104 q1): canonical whole-project Inferred rollup: Table 4 Total prints "49 1.1 1.8", combining the 41 Mt Open Pit and 7.9 Mt Underground components at the stated cutoffs.
t104v

Total

Total Resources

43.20 Mt

1.32 g/t

1.83 Moz

10 Aug 2026

6Unverified

notes (6)

Source: Robust DFS for Kokoseb and Project Financing Update · published 10 Aug 2026

Ref: 6

JORC 2012 — Reporting code of record: JORC 2012
Cutoff 0.50 g/t Au — Cut-off grade assumption from the source statement.
inc — Stated Resources are inclusive of Reserves. Set Resources: Excl. Reserves to net them out.

QA notes:

QA INFO: as_at equals the publication date (2026-08-10) and no printed effective date was found — verify. The document states no 'effective'/'as at'/'as of' date near that date, so the statement date may simply have been borrowed from the dateline (t71 PGLD/NRM class). QA WARN: document contains mine-plan/LOM-inventory table vocabulary ('mining inventory') — such tables print production-target inventory, NOT a Mineral Resource estimate, and their rows look clean at store time (t23 TGM class). Map each row to its source table before approval and reject rows sourced from the mine-plan/inventory table. QA WARN: exact duplicate stored at two confidences — keep the higher-confidence copy, reject the other (t69 MSG class). All 2 copies print the same tonnes, grade and contained; only the extraction confidence (0.98, 0.97) differs. QA INFO: recompute differs 3.89% from the printed contained figure, but the printed tonnes/grade/contained carry ±5.57% rounding granularity (capped per component; the true half-step band of coarse prints is wider) and the remainder sits under the warn threshold — treated as reconciled.
QA approve (t104 q1): canonical whole-project total resource at the stated open-pit/underground cutoffs: Table 4 Total prints "113 1.0 3.78"; first disclosed 10 August 2026.
t104v

Open Pit

Inferred

41.00 Mt

0.92 g/t

1.20 Moz

10 Aug 2026

79Unverified

notes (5)

Source: Robust DFS for Kokoseb and Project Financing Update · published 10 Aug 2026

Ref: 79

JORC 2012 — Reporting code of record: JORC 2012
Cutoff 0.50 g/t Au — Cut-off grade assumption from the source statement.

QA notes:

QA INFO: as_at equals the publication date (2026-08-10) and no printed effective date was found — verify. The document states no 'effective'/'as at'/'as of' date near that date, so the statement date may simply have been borrowed from the dateline (t71 PGLD/NRM class). QA INFO: inclusive-of-reserves flag cleared on an inferred row — reserves derive from M&I only, so the flag is meaningless on inferred. QA INFO: document prints mine-plan/LOM-inventory vocabulary ('mining inventory') but this row's figures anchor outside those sections — verify the source table; no inventory sourcing is implied. QA WARN: 6 rows share this exact identity in this document with CONFLICTING figures (sibling copies: t=41000000 g=0.92 conf=0.98, t=120000000 g=0.51 conf=0.95, t=71000000 g=0.70 conf=0.95, t=54000000 g=0.81 conf=0.95, t=18000000 g=1.3 conf=0.95). EITHER at most one matches the print (reject the fabricated copies), OR two DISTINCT printed lines collapsed onto one identity because an area label went missing (t63 White Rock: the deposit line and its group Total, both print-exact, on one empty-area key) — then restore the printed label of one copy (FIX mining_area) instead of rejecting — OR the copies come from differently YEAR-HEADED tables of a comparative filing (t67 NEM: every table prints at two year-ends and both copies are print-exact) — then FIX as_at_date to each copy's own table year instead of rejecting — OR both copies are print-exact and collided because a category/classification was mis-mapped (t71 EQX: per-classification Total rows all stored as total_resource) — then FIX category on the mis-mapped copy. QA BLOCK: conflicting duplicate — this (project, mining area, commodity, classification, category, as-at date) appears 6 times in the document WITH DIFFERENT figures. At most one copy matches the print; verify each against the document and reject the rest (a copy whose figures appear nowhere in the text is fabricated). QA INFO: recompute differs 1.06% from the printed contained figure, but the printed tonnes/grade/contained carry ±5.93% rounding granularity (capped per component; the true half-step band of coarse prints is wider) and the remainder sits under the warn threshold — treated as reconciled.

Underground

Inferred

7.90 Mt

2.20 g/t

0.56 Moz

10 Aug 2026

6Unverified

notes (5)

Source: Robust DFS for Kokoseb and Project Financing Update · published 10 Aug 2026

Ref: 6

JORC 2012 — Reporting code of record: JORC 2012
Cutoff 0.85 g/t Au — Cut-off grade assumption from the source statement.

QA notes:

QA INFO: as_at equals the publication date (2026-08-10) and no printed effective date was found — verify. The document states no 'effective'/'as at'/'as of' date near that date, so the statement date may simply have been borrowed from the dateline (t71 PGLD/NRM class). QA INFO: inclusive-of-reserves flag cleared on an inferred row — reserves derive from M&I only, so the flag is meaningless on inferred. QA WARN: document contains mine-plan/LOM-inventory table vocabulary ('mining inventory') — such tables print production-target inventory, NOT a Mineral Resource estimate, and their rows look clean at store time (t23 TGM class). Map each row to its source table before approval and reject rows sourced from the mine-plan/inventory table. QA WARN: duplicate row — this (project, mining area, commodity, classification, category, as-at date) appears 2 times in the document. Keep one and reject the extras.
QA approve (t104 q1): canonical Underground Inferred component at the stated 0.85 g/t cutoff: Table 4 prints "Underground 0.85 ... 7.9 2.2 0.56".
t104v

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	Probable	69.80 Mt	0.87 g/t	1.95 Moz	10 Aug 2026	155Unverified Evidence record Kokoseb Probable · Au · as at 2026-08-10 Reported figure Area Whole project Basis 100% Ore tonnes (t) 69800000.0000 Grade 0.8700 Contained (oz) 1953000.0000 Classification Reserve Source trail Robust DFS for Kokoseb and Project Financing Update 155 Published 2026-08-10 Verification Approved; not independently verified · Model extracted QA INFO: as_at equals the publication date (2026-08-10) and no printed effective date was found — verify. The document states no 'effective'/'as at'/'as of' date near that date, so the statement date may simply have been borrowed from the dateline (t71 PGLD/NRM class). QA WARN: document contains mine-plan/LOM-inventory table vocabulary ('mining inventory') — such tables print production-target inventory, NOT a Mineral Resource estimate, and their rows look clean at store time (t23 TGM class). Map each row to its source table before approval and reject rows sourced from the mine-plan/inventory table. QA BLOCK: conflicting duplicate — this (project, mining area, commodity, classification, category, as-at date) appears 2 times in the document WITH DIFFERENT figures. At most one copy matches the print; verify each against the document and reject the rest (a copy whose figures appear nowhere in the text is fabricated). \| QA approve (t104 q1): canonical Probable Ore Reserve: detailed Table 8.13 prints "Probable 69.8 0.87 1,953" koz and confirms no Proved Ore Reserve. \| t104v Copies a pre-filled issue record so you can send it through your normal channel.	notes (6) Source: Robust DFS for Kokoseb and Project Financing Update · published 10 Aug 2026 Ref: 155 JORC 2012 — Reporting code of record: JORC 2012 Cutoff 0.40 g/t Au — Cut-off grade assumption from the source statement. @ A$ 2,600/oz — Metal price assumption used to derive this estimate. QA notes: QA INFO: as_at equals the publication date (2026-08-10) and no printed effective date was found — verify. The document states no 'effective'/'as at'/'as of' date near that date, so the statement date may simply have been borrowed from the dateline (t71 PGLD/NRM class). QA WARN: document contains mine-plan/LOM-inventory table vocabulary ('mining inventory') — such tables print production-target inventory, NOT a Mineral Resource estimate, and their rows look clean at store time (t23 TGM class). Map each row to its source table before approval and reject rows sourced from the mine-plan/inventory table. QA BLOCK: conflicting duplicate — this (project, mining area, commodity, classification, category, as-at date) appears 2 times in the document WITH DIFFERENT figures. At most one copy matches the print; verify each against the document and reject the rest (a copy whose figures appear nowhere in the text is fabricated). QA approve (t104 q1): canonical Probable Ore Reserve: detailed Table 8.13 prints "Probable 69.8 0.87 1,953" koz and confirms no Proved Ore Reserve. t104v
Total	Total Reserves	69.80 Mt	0.87 g/t	1.95 Moz	10 Aug 2026	155Unverified Evidence record Kokoseb Total Reserve · Au · as at 2026-08-10 Reported figure Area Whole project Basis 100% Ore tonnes (t) 69800000.0000 Grade 0.8700 Contained (oz) 1953000.0000 Classification Reserve Source trail Robust DFS for Kokoseb and Project Financing Update 155 Published 2026-08-10 Verification Approved; not independently verified · Model extracted QA INFO: as_at equals the publication date (2026-08-10) and no printed effective date was found — verify. The document states no 'effective'/'as at'/'as of' date near that date, so the statement date may simply have been borrowed from the dateline (t71 PGLD/NRM class). QA WARN: document contains mine-plan/LOM-inventory table vocabulary ('mining inventory') — such tables print production-target inventory, NOT a Mineral Resource estimate, and their rows look clean at store time (t23 TGM class). Map each row to its source table before approval and reject rows sourced from the mine-plan/inventory table. QA BLOCK: conflicting duplicate — this (project, mining area, commodity, classification, category, as-at date) appears 2 times in the document WITH DIFFERENT figures. At most one copy matches the print; verify each against the document and reject the rest (a copy whose figures appear nowhere in the text is fabricated). \| QA approve (t104 q1): canonical total Ore Reserve: detailed Table 8.13 prints "Total 69.8 0.87 1,953" koz; total validly equals Probable because no Proved Reserve is reported. \| t104v Copies a pre-filled issue record so you can send it through your normal channel.