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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).

Pan

Nevada, United States · Producing · 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.

Category	Tonnes (Mt)	Grade (g/t Au)	Contained (Moz Au)	As at
Measured	7.80 Mt	0.35 g/t	0.09 Moz	01 Sept 2025
Indicated	14.51 Mt	0.33 g/t	0.15 Moz	01 Sept 2025
Inferred	0.87 Mt	0.32 g/t	0.01 Moz	01 Sept 2025
Total Resources	1.58 Mt	0.53 g/t	0.03 Moz	01 Sept 2025
Proved	7.48 Mt	0.33 g/t	0.08 Moz	01 Sept 2025
Probable	14.12 Mt	0.31 g/t	0.14 Moz	01 Sept 2025
Total Reserves	21.60 Mt	0.32 g/t	0.22 Moz	01 Sept 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.

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

0.0029 g/t Au

Price assumption

US$2600.00/oz

JORC code year

—

Peer benchmark — producing Au projects (282 with resources)Resource size P4Resource grade P14View 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: Minera Alamos Updates Resources and Reserves for the Pan Gold Mine in Nevada · 01 Sept 2025
Reporting code: unknown
Convention: mixed
Currency assumption: US$
Disagreement flags: 1 row

Current R&R

Resources

Category	Tonnes (Mt)	Au		As at	Source	Provenance
Category	Tonnes (Mt)	Grade (g/t Au)	Contained (Moz Au)	As at	Source	Provenance
Measured	7.80 Mt	0.35 g/t	0.09 Moz	01 Sept 2025	Table 1 - Pan mine Mineral Resource estimate, effective September 1, 2025Unverified Evidence record Pan Measured · Au · as at 2025-09-01 Reported figure Area Whole project Basis 100% Ore tonnes (t) 7798000.0000 Grade 0.3500 Contained (oz) 86000.0000 Classification Resource Source trail Minera Alamos Updates Resources and Reserves for the Pan Gold Mine in Nevada Table 1 - Pan mine Mineral Resource estimate, effective September 1, 2025 Published 2026-03-05 Verification Approved; not independently verified · Model extracted QA INFO: recompute differs 2.03% from the printed contained figure, but the printed tonnes/grade/contained are only good to ±2.02% (rounding granularity) — treated as reconciled. Copies a pre-filled issue record so you can send it through your normal channel.

Reserves

Category	Tonnes (Mt)	Au		As at	Source	Provenance
Category	Tonnes (Mt)	Grade (g/t Au)	Contained (Moz Au)	As at	Source	Provenance
Proved	7.48 Mt	0.33 g/t	0.08 Moz	01 Sept 2025	Table 2 - Pan mine Mineral Reserve estimate, effective September 1, 2025Unverified Evidence record Pan Proved · Au · as at 2025-09-01 Reported figure Area Whole project Basis 100% Ore tonnes (t) 7480000.0000 Grade 0.3300 Contained (oz) 80000.0000 Classification Reserve Source trail Minera Alamos Updates Resources and Reserves for the Pan Gold Mine in Nevada Table 2 - Pan mine Mineral Reserve estimate, effective September 1, 2025 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. Copies a pre-filled issue record so you can send it through your normal channel.	notes (4) Source: Minera Alamos Updates Resources and Reserves for the Pan Gold Mine in Nevada · published 05 Mar 2026 Ref: Table 2 - Pan mine Mineral Reserve estimate, effective September 1, 2025 Unknown code — Reporting code not yet captured for this row. Cutoff 0.00 g/t Au — Cut-off grade assumption from the source statement. @ US$ 2,600/oz — Metal price assumption used to derive this estimate. QA notes: QA INFO: inclusive-of-reserves flag cleared — the flag describes resource statements; reserve rows carry none.
Probable	14.12 Mt	0.31 g/t	0.14 Moz	01 Sept 2025	Table 2 - Pan mine Mineral Reserve estimate, effective September 1, 2025Unverified Evidence record Pan Probable · Au · as at 2025-09-01 Reported figure Area Whole project Basis 100% Ore tonnes (t) 14119000.0000 Grade 0.3100 Contained (oz) 142000.0000 Classification Reserve Source trail Minera Alamos Updates Resources and Reserves for the Pan Gold Mine in Nevada Table 2 - Pan mine Mineral Reserve estimate, effective September 1, 2025 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. Copies a pre-filled issue record so you can send it through your normal channel.	notes (4) Source: Minera Alamos Updates Resources and Reserves for the Pan Gold Mine in Nevada · published 05 Mar 2026 Ref: Table 2 - Pan mine Mineral Reserve estimate, effective September 1, 2025
Total Reserves	21.60 Mt	0.32 g/t	0.22 Moz	01 Sept 2025	Table 2 - Pan mine Mineral Reserve estimate, effective September 1, 2025 (Proven & Probable row)Unverified Evidence record Pan Total Reserve · Au · as at 2025-09-01 Reported figure Area Whole project Basis 100% Ore tonnes (t) 21598000.0000 Grade 0.3200 Contained (oz) 222000.0000 Classification Reserve Source trail Minera Alamos Updates Resources and Reserves for the Pan Gold Mine in Nevada Table 2 - Pan mine Mineral Reserve estimate, effective September 1, 2025 (Proven & Probable row) 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. Copies a pre-filled issue record so you can send it through your normal channel.	notes (4) Source: Minera Alamos Updates Resources and Reserves for the Pan Gold Mine in Nevada · published 05 Mar 2026 Ref: Table 2 - Pan mine Mineral Reserve estimate, effective September 1, 2025 (Proven & Probable row)