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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).

Mt Todd

Northern Territory, 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.

Category	Tonnes (Mt)	Grade (g/t Au)	Contained (Moz Au)	As at
Measured	50.85 Mt	0.65 g/t	1.06 Moz	31 Dec 2025
Indicated	117.61 Mt	0.76 g/t	2.87 Moz	31 Dec 2025
Inferred	57.10 Mt	0.78 g/t	1.43 Moz	31 Dec 2025
Total Resources	225.55 Mt	0.74 g/t	5.36 Moz	31 Dec 2025
Proved	77.36 Mt	0.95 g/t	2.37 Moz	31 Dec 2025
Probable	94.62 Mt	0.93 g/t	2.82 Moz	31 Dec 2025
Total Reserves	171.98 Mt	0.94 g/t	5.19 Moz	31 Dec 2025

Cut-off grade

0.4000 g/t Au · 0.5000 g/t Au

Price assumption

US$1950.00/oz · US$1800.00/oz

JORC code year

—

Peer benchmark — developing Au projects (284 with resources)Resource size P84Resource grade P39View 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: 10-K: 10-K · 31 Dec 2025
Reporting code: SK-1300
Convention: exclusive
Currency assumption: US$

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	Measured	50.85 Mt	0.65 g/t	1.06 Moz	31 Dec 2025	Mt Todd Gold Project – Summary of Gold Mineral Resources (Exclusive of Gold Mineral Reserves) – Total columnUnverified Evidence record Mt Todd Measured · Au · as at 2025-12-31 Reported figure Area Whole project Basis 100% Ore tonnes (t) 50845000.0000 Grade 0.6500 Contained (oz) 1064000.0000 Classification Resource Source trail 10-K: 10-K Mt Todd Gold Project – Summary of Gold Mineral Resources (Exclusive of Gold Mineral Reserves) – Total column Published 2026-03-11 Verification Approved; not independently verified · Model extracted 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	171.98 Mt	0.94 g/t	5.19 Moz	31 Dec 2025	Mt Todd Gold Project – Summary of Gold Mineral Reserves Based on 15 ktpd, 0.50 g Au/t cut-off and $1,800/oz Gold Price Pit Design – Proven & Probable TotalUnverified Evidence record Mt Todd Total Reserve · Au · as at 2025-12-31 Reported figure Area Whole project Basis 100% Ore tonnes (t) 171975000.0000 Grade 0.9400 Contained (oz) 5190000.0000 Classification Reserve Source trail 10-K: 10-K Mt Todd Gold Project – Summary of Gold Mineral Reserves Based on 15 ktpd, 0.50 g Au/t cut-off and $1,800/oz Gold Price Pit Design – Proven & Probable Total Published 2026-03-11 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source: 10-K: 10-K · published 11 Mar 2026 Ref: Mt Todd Gold Project – Summary of Gold Mineral Reserves Based on 15 ktpd, 0.50 g Au/t cut-off and $1,800/oz Gold Price Pit Design – Proven & Probable Total SK-1300 — Reporting code of record: SK-1300 Cutoff 0.50 g/t Au — Cut-off grade assumption from the source statement. @ US$ 1,800/oz — Metal price assumption used to derive this estimate.
Batman Deposit	Proved	77.36 Mt	0.95 g/t	2.37 Moz	31 Dec 2025	Mt Todd Gold Project – Summary of Gold Mineral Reserves Based on 15 ktpd, 0.50 g Au/t cut-off and $1,800/oz Gold Price Pit DesignUnverified Evidence record Mt Todd Proved · Au · as at 2025-12-31 Reported figure Area Batman Deposit Basis 100% Ore tonnes (t) 77359000.0000 Grade 0.9500 Contained (oz) 2371000.0000 Classification Reserve Source trail 10-K: 10-K Mt Todd Gold Project – Summary of Gold Mineral Reserves Based on 15 ktpd, 0.50 g Au/t cut-off and $1,800/oz Gold Price Pit Design Published 2026-03-11 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source: 10-K: 10-K · published 11 Mar 2026 Ref: Mt Todd Gold Project – Summary of Gold Mineral Reserves Based on 15 ktpd, 0.50 g Au/t cut-off and $1,800/oz Gold Price Pit Design
Batman Deposit	Probable	81.26 Mt	0.99 g/t	2.59 Moz	31 Dec 2025	Mt Todd Gold Project – Summary of Gold Mineral Reserves Based on 15 ktpd, 0.50 g Au/t cut-off and $1,800/oz Gold Price Pit DesignUnverified Evidence record Mt Todd Probable · Au · as at 2025-12-31 Reported figure Area Batman Deposit Basis 100% Ore tonnes (t) 81263000.0000 Grade 0.9900 Contained (oz) 2588000.0000 Classification Reserve Source trail 10-K: 10-K Mt Todd Gold Project – Summary of Gold Mineral Reserves Based on 15 ktpd, 0.50 g Au/t cut-off and $1,800/oz Gold Price Pit Design Published 2026-03-11 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (3) Source: 10-K: 10-K · published 11 Mar 2026 Ref: Mt Todd Gold Project – Summary of Gold Mineral Reserves Based on 15 ktpd, 0.50 g Au/t cut-off and $1,800/oz Gold Price Pit Design
Heap Leach Pad	Probable	13.35 Mt	0.54 g/t	0.23 Moz	31 Dec 2025	Mt Todd Gold Project – Summary of Gold Mineral Reserves Based on 15 ktpd, 0.50 g Au/t cut-off and $1,800/oz Gold Price Pit DesignUnverified Evidence record Mt Todd Probable · Au · as at 2025-12-31 Reported figure Area Heap Leach Pad Basis 100% Ore tonnes (t) 13352000.0000 Grade 0.5400 Contained (oz) 232000.0000 Classification Reserve Source trail 10-K: 10-K Mt Todd Gold Project – Summary of Gold Mineral Reserves Based on 15 ktpd, 0.50 g Au/t cut-off and $1,800/oz Gold Price Pit Design Published 2026-03-11 Verification Approved; not independently verified · Model extracted Copies a pre-filled issue record so you can send it through your normal channel.	notes (2) Source: 10-K: 10-K · published 11 Mar 2026 Ref: Mt Todd Gold Project – Summary of Gold Mineral Reserves Based on 15 ktpd, 0.50 g Au/t cut-off and $1,800/oz Gold Price Pit Design