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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).

Blanket Mine

Matabeleland South, Zimbabwe · Producing · 64.0% 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	7.23 Mt	3.49 g/t	0.81 Moz	31 Dec 2025
Indicated	7.95 Mt	3.16 g/t	0.81 Moz	31 Dec 2025
Inferred	15.70 Mt	3.69 g/t	1.86 Moz	31 Dec 2025
Total Resources	30.88 Mt	3.51 g/t	3.48 Moz	31 Dec 2025
Proved	1.30 Mt	2.99 g/t	0.13 Moz	31 Dec 2024
Probable	5.53 Mt	3.31 g/t	0.59 Moz	31 Dec 2024
Total Reserves	5.91 Mt	3.30 g/t	0.62 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.

Cut-off grade

1.5000 g/t Au · 2.1000 g/t Au

Price assumption

US$2150.00/oz · US$1877.00/oz

JORC code year

—

Peer benchmark — producing Au projects (282 with resources)Resource size P66Resource grade P80View 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: 20-F: FORM 20-F · 31 Dec 2025
Reporting code: SK-1300
Convention: exclusive
Currency assumption: US$
Disagreement flags: 50 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	Total Resources	30.88 Mt	3.51 g/t	3.48 Moz	31 Dec 2025	derived from 45 rows Measured: Mineral Resource Classification — Blanket Mine — Measured — orebody detail table

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	Proved	1.30 Mt	2.99 g/t	0.13 Moz	31 Dec 2024	Mineral Reserve Classification — Blanket Mine — detailed reserve tableUnverified Evidence record Blanket Mine Proved · Au · as at 2024-12-31 Reported figure Area Whole project Basis attributable Ore tonnes (t) 1296875 Grade 2.9900 Contained (oz) 125000 Classification Reserve Source trail 20-F: FORM 20-F Mineral Reserve Classification — Blanket Mine — detailed reserve table Published 2025-05-16 Verification Approved; not independently verified · Model extracted tranche12 QA: verified against printed source table Copies a pre-filled issue record so you can send it through your normal channel.	notes (5) Source: 20-F: FORM 20-F · published 16 May 2025 Ref: Mineral Reserve Classification — Blanket Mine — detailed reserve table SK-1300 — Reporting code of record: SK-1300 Cutoff 2.10 g/t Au — Cut-off grade assumption from the source statement. @ US$ 1,877/oz — Metal price assumption used to derive this estimate. attrib — Figures are net to the issuer's ownership interest as reported (attributable basis) — NOT 100% of the project. QA notes: tranche12 QA: verified against printed source table
Total	Probable	5.53 Mt	3.31 g/t	0.59 Moz	31 Dec 2024	Mineral Reserve Classification — Blanket Mine — detailed reserve tableUnverified Evidence record Blanket Mine Probable · Au · as at 2024-12-31 Reported figure Area Whole project Basis attributable Ore tonnes (t) 5528125 Grade 3.3100 Contained (oz) 589062.5 Classification Reserve Source trail 20-F: FORM 20-F Mineral Reserve Classification — Blanket Mine — detailed reserve table Published 2025-05-16 Verification Approved; not independently verified · Model extracted tranche12 QA: verified against printed source table Copies a pre-filled issue record so you can send it through your normal channel.	notes (5) Source: 20-F: FORM 20-F · published 16 May 2025 Ref: Mineral Reserve Classification — Blanket Mine — detailed reserve table
Underground	Proved	0.94 Mt	3.10 g/t	0.09 Moz	31 Dec 2025	Mineral Reserve Classification table – Blanket Mine (December 31, 2025)Unverified Evidence record Blanket Mine Proved · Au · as at 2025-12-31 Reported figure Area Underground Basis attributable Ore tonnes (t) 937500 Grade 3.1000 Contained (oz) 92187.5 Classification Reserve Source trail 20-F: FORM 20-F Mineral Reserve Classification table – Blanket Mine (December 31, 2025) Published 2026-04-23 Verification Approved; not independently verified · Model extracted QA WARN: unrecognised source metal label 'Grade' for Au — verify the commodity mapping. QA INFO: recompute differs 1.36% from the printed contained figure, but the printed tonnes/grade/contained are only good to ±8.46% (rounding granularity) — treated as reconciled. Copies a pre-filled issue record so you can send it through your normal channel.	notes (5) Source: 20-F: FORM 20-F · published 23 Apr 2026
Underground	Probable	4.97 Mt	3.30 g/t	0.53 Moz	31 Dec 2025	Mineral Reserve Classification table – Blanket Mine (December 31, 2025)Unverified Evidence record Blanket Mine Probable · Au · as at 2025-12-31 Reported figure Area Underground Basis attributable Ore tonnes (t) 4970312.5 Grade 3.3000 Contained (oz) 528125 Classification Reserve Source trail 20-F: FORM 20-F Mineral Reserve Classification table – Blanket Mine (December 31, 2025) Published 2026-04-23 Verification Approved; not independently verified · Model extracted QA WARN: unrecognised source metal label 'Grade' for Au — verify the commodity mapping. Copies a pre-filled issue record so you can send it through your normal channel.	notes (5) Source: 20-F: FORM 20-F · published 23 Apr 2026 Ref: Mineral Reserve Classification table – Blanket Mine (December 31, 2025)
Underground	Total Reserves	5.91 Mt	3.30 g/t	0.62 Moz	31 Dec 2025	Mineral Reserve Classification table – Blanket Mine (December 31, 2025)Unverified Evidence record Blanket Mine Total Reserve · Au · as at 2025-12-31 Reported figure Area Underground Basis attributable Ore tonnes (t) 5907812.5 Grade 3.3000 Contained (oz) 620312.5 Classification Reserve Source trail 20-F: FORM 20-F Mineral Reserve Classification table – Blanket Mine (December 31, 2025) Published 2026-04-23 Verification Approved; not independently verified · Model extracted QA WARN: unrecognised source metal label 'Grade' for Au — verify the commodity mapping. QA INFO: recompute differs 1.05% from the printed contained figure, but the printed tonnes/grade/contained are only good to ±1.65% (rounding granularity) — treated as reconciled. Copies a pre-filled issue record so you can send it through your normal channel.	notes (5) Source: 20-F: FORM 20-F