1

Gold Resource summary

Feni Island

WORLD CLASS GOLD & 1,460,000 oz Au

Inferred Mineral Resource*

COPPER Fergusson Island

2,175,000 oz Au
Gameta

175,000 oz Au
Indicated Mineral Resource*

Feni Island World class copper intersect 340,000 oz Au

Inferred Mineral Resource*
Massive sulphide Cu + Au Zone:
➢ 6.4m (149.7 to 156.1m) @ 5.1% Cu & 1.6g/t Au Wapolu

200,000 oz Au
Incl: 3.6m (151.5 to 155.1m) @ 6.9% Cu & 2.1g/t Au
Incl: 0.7m (154.4 to 155.1m) @ 14.5% Cu & 2.4g/t Au
Disseminated Cu + Au Zone:
Inferred Mineral Resource*
➢ 35.9m (70.7 to 106.6m) @ 0.3% Cu & 1.1g/t Au

*Cut off 0.5g/t ^Post drilling Sept 2021

TSXV:ADY
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 Disclaimer
This presentation has been prepared by Adyton Resources Corp (“Adyton” or the “Company”). This presentation is not, and does not constitute, an offer to sell or the solicitation, invitation or
The information contained in this presentation is for information purposes only and has been recommendation to purchase any securities and neither this presentation nor anything
prepared for use in conjunction with a verbal presentation and should be read in that context. contained in it forms the basis of any contract or commitment. This presentation is not an offer
to sell, or a solicitation of an offer to buy, securities in the United States or in any other
The information contained in this presentation is not investment or financial product advice and is jurisdiction. No securities may be sold in the United States absent registration or an
not intended to be used as the basis for making an investment decision. Please note that, in exemption from registration under the U.S. Securities Act of 1933 and applicable state law.
providing this presentation, Adyton has not considered the objectives, financial position or needs
of any particular recipient. Adyton strongly suggests that investors consult a financial advisor Non‐IFRS Measures - The Company supplements its financial information reporting determined
prior to making an investment decision. It may not be reproduced, disseminated, quoted or under International Financial Reporting Standards (IFRS) with certain non‐IFRS financial
referred to, in whole or in part, without the express consent of Adyton. measures, including cash operating costs, All‐In Sustaining Cost, EBITDA, NPV, IRR and project
payback. The Company believes that these measures provide additional meaningful information
No representation or warranty, express or implied, is made as to the fairness, accuracy, to assist management, investors and analysts in understanding the financial results and assessing
completeness or correctness of the information, opinions and conclusions contained in this our prospects for future performance.
presentation. To the maximum extent permitted by law, none of Adyton, its related bodies
Qualified Person
corporate, shareholders or respective directors, officers, employees, agents or advisors, nor any
other person accepts any liability, including, without limitation, any liability arising out of fault or The information in this presentation has been reviewed by Rod Watt, BSc Hons (Geo), FAusIMM,
negligence for any loss arising from the use of information contained in this presentation. Chief Geologist of Adyton Resources Corporation, who is a "Qualified Person" as defined by
National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").
This presentation includes “forward – looking statements” and “forward – looking information”
within the meaning of securities laws of applicable jurisdictions (collectively “forward – looking The Feni Island Project currently has a mineral resource prepared in accordance with NI 43-101
statements”). Forward looking statements can generally be identified by the use of the words dated October 14, 2021. See the NI 43-101 technical report entitled “NI 43-101 Technical Report
“anticipate”, “believe”, “expect”, “project”, “forecast”, “estimate”, “likely”, “intend”, “should”, on the Feni Gold-Copper Property, New Ireland Province, Papua New Guinea” (the “Feni
“could”, “may”, “target”, “plan” “guidance” and other similar expressions. Indications of, and Technical Report”) dated October 14, 2021 and prepared for Adyton Resources by Mark Berry
guidance on, future earning or dividends and financial position and performance are also forward- (MAIG), Simon Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an
looking statements. independent mining consultant and “qualified person” as defined in NI 43-101, available under
Adyton’s profile on SEDAR at www.sedar.com.
Such forward-looking statements are not guarantees of future performance and involve known and
unknown risks, uncertainties and other factors, many of which are beyond the control of Adyton The Fergusson Island Project currently has a mineral resource prepared in accordance with NI
and its officers, employees, agents or associates, that may cause actual results to differ materially 43-101 dated October 14, 2021. See the NI 43-101 technical report entitled “NI 43-101
from those expressed or implied in such statement. Actual results, performance or achievements Technical Report on the Fergusson Gold Property, Milne Bay Province, Papua New Guinea” (the
may vary materially from any projections and forward looking statements and the assumptions on “Fergusson Island Technical Report”) dated October 14, 2021 and prepared for Adyton
which those statements are based. Readers are cautioned not to place undue reliance on forward Resources by Mark Berry (MAIG), Simon Tear (MIGI PGeo), Matthew White (MAIG) and Andy
looking statements and Adyton assumes no obligation to update such information. Specific regard Thomas (MAIG), each an independent mining consultant and “qualified person” as defined in NI
(amongst other things) should be given to the risk factors outlined in this presentation. 43-101, available under Adyton’s profile on SEDAR at www.sedar.com

TSXV: ADY | OTC: ADYRF 2

 Corporate snapshot
Overview Top 10 Shareholders (November 30, 2022)
TSXV code: ADY
Shareholder No. of shares %
OTC QB code: ADYRF
Mayur Resources Limited 53,333,333 42.75%
FSE code: 701
Shares on issue: 124,758,886 CIBC World Markets Inc^^ 8,549,781 6.8,5%

Options on issue : 10,237,944 Royal Bank of Canada 01^^ 7,107,382 5.70%

(CAD$0.30 February 2028 expiry) James Sinton Spence 6,197,345 4.97%
Fully diluted shares outstanding: 134,996,830 Duncan John Hardie 6,197,345 4.97%
Market capitalisation (at C$0.02 per share) $2.5m Anthony Williamson 5,571,977 4.47%
12 month trading range (CAD): $0.015 - $0.08 TD Waterhouse Canada^^ 5,351,010 4.29%
Debt: Nil Scotia Capital Inc^^ 4,814,450 3.86%
Cash at bank (as at September 30 2022) (CAD): $0.2m BMO Nesbitt Burns Inc^^ 2,639,084 2.12%
CIBC 11^^ 2,107,473 1.69%
101,869,180 81.65%

Other metrics
^^ CDS holder of record
Board and management stake: 11.3%
Public float: 43%
EV/Resources (C$/ resource oz): $1.15

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 Board & Management
Sinton Spence – Chairman(PNG)
Mr. Sinton Spence is a Chartered Accountant based in Port Moresby, Papua New Guinea, and the Principal of Sinton Spence Chartered Accountants, PNG's largest independent
accounting firm. In 2006, he was awarded an MBE by the Queen for services to Papua New Guinea commerce and the community. He has had extensive experience in company
practice in PNG and is an experienced company director. He has held positions as a director of Sierra Mining and also Shell Oil Exploration and Production PNG Ltd.

Tim Crossley – Managing Director

Mr. Tim Crossley has extensive experience as a director and mining executive, having operated some of Australia’s largest mining businesses including roles as Deputy CEO of
ASX-listed Gloucester Coal, and President and Chief Operating Officer (COO) at BHP Billiton’s West Australian Iron Ore business. Tim is also an executive director of Mayur
Resources Ltd the largest shareholder in Adyton.

Anthony Williamson– Independent Non-Executive Director)

Mr Williamson has over 30 years’ experience as a geologist in the mineral exploration sector in Australia, Papua New Guinea (PNG), and south-east Asia. As Director of Mining with
the PNG Department of Mining from 1999 until 2004, he was responsible for the administration of several multi-billion dollar projects as well as all aspects of mineral licensing, mine
safety and landowner liaison. The role also included an alternate directorship of Ok Tedi Mining Limited. Mr Williamson co-discovered and brought into production the Philippines’
Co-O mine, co-discovered the Miwah deposit in Indonesia (+3MOz Au), and added more than 1 million JORC compliant gold ounces to the Toka Tindung mine, also in Indonesia.

David Irvine – Independent Non-Executive Director

David is an experienced corporate strategy and business improvement expert with more than two decades of experience providing innovative solutions to large, complex projects
and organisations around the world. David began his professional career in the early 90’s as a Mechanical Engineer with BHP where he gained valuable management, logistics,
operations and marketing experience, before taking a senior executive role at Dawson Consulting, a specialist management consulting organization.

David is currently the Chief Executive of Brisbane based Siecap Project Management and Advisory Group.

.
Rod Watt – Chief Geologist (Australia)
Mr. Rod Watt is a highly experienced Geologist with over 30 years experience in both major (Anglo American and Western Mining Corp) and junior resource companies. He has
substantial experience within the Pacific Rim.

Stephen Kelly – CFO & Co Sec (Australia)

Mr. Stephen Kelly is an experienced Chartered Accountant with many years overseeing mining companies across the ASX, TSX, LSE markets. He is also Company Secretary to
various global mining companies.

TSXV: ADY | OTC: ADYRF 4

 GRASBERG
26.5Mt Cu,
RAMBUTYO
Au
SIMBERI
5Moz Au
One of the
world’s best
80Moz Au

OK TEDI

mining
PORGERA
4.5Mt Cu, LIHIR
16Moz Au
15Moz Au 56Moz Au

KAINANTU
5.2Moz Au
FENI ISLAND

PANGUNA
addresses
6.4Mt Cu,
25Moz Au
PNG WAFI-GOLPU
8.6Mt Cu,
26Moz Au
FRIEDA RIVER
10Mt Cu, TOLUKUMA
15Moz Au 0.7Moz Au FERGUSSON
ISLAND GOLD RIDGE
OREDI
CREEK 1.4Moz Au
Au
MISIMA
LEGEND 5.5Moz Au

Major crustal structure

Major gold or copper deposit
Adyton priority projects
Adyton potential upside
Under-explored in a prolific discovery region

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AUSTRALIA
 PNG – Key facts

PNG has a
strong track
record in
developing PAPUA NEW GUINEA FINANCIALS MINING REGULATIONS
mineral • Strong and successful track record • GDP average growth of circa • EL – Exploration lease: Initial
resource of developing world class Mineral
Resource projects
4% since 2000 with 26% of GDP
exclusively from natural
term of up to 2 years with
renewal increments of 2 years
projects • Continued large oil, gas,
resources
• In 2019 a GDP of USD$24.97
• SML – Special Mining lease:
Large mines up to 40 years with
infrastructure, agriculture and
resource investments billion was recorded specific renewal provisions
• Centralized government with a • Corporate tax rate of 30% • ML – Mining lease: Initial 20 year
Westminster system of parliamentary term up to 60km2 and renewal in
• PNG Mineral Resources
democracy 10 year increments
Authority and third party
• Infrastructure continuing to develop royalties – 2% + 0.5% • PNG Government has a one
with ample services and suppliers production levy time right upon conversion from
EL to ML or SML to purchase up
• Strong G to G relationship with
to a 30% interest in project at
Australia
sunk cost

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 Feni Island
History, setting and focus
SIMBERI(6)
5Moz Au
Regional setting:
• Located in the same chain as Lihir (150km) & Simberi
(250km), Panguna (Bougainville) (300Km)
LIHIR(2)
56Moz Au • Scope to increase resource from 1,450,000 oz Au

FENI ISLAND • Petrographics confirm porphyry Cu / Au mineralization

• Young geological setting (1.0m years) with significant

PANGUNA(2) geothermal energy potential. The adjacent Lihir project
PNG 6.4Mt Cu, installed approximately 60 Mw.
25Moz Au
History

• +30 years of historical exploration – 212 holes drilled

over 18,813m (9,707m DD & 9,106m RC and shallow
GOLD RIDGE(5) AC)
1.4Moz Au
• Historic drilling was largely random and did not test the
key areas of Adyton’s interest leaving the highest
potential areas largely unexplored

Drill Program Focus:

• Increase shallow Au resource and upgrade mineral

resources classification
• Explore for significant Cu porphyry system by drilling IP
target at greater depths than previous work
AUSTRALIA
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 Feni Island
Copper Exploration Target
• Limited testing on IP targets to date
• Previous drilling showed significant Cu and Au intervals –
Assays of up to 2% Cu
• Previous drilling was mostly shallow (<150m)
• 5g/t Au in previous drill cores
• Significant copper intercepts in both KAD and MAD series
of holes
• Panned concentrates with range up to 120 g/t visible Au

• Cu Potential at depth to be tested fully

• IP 3D Modelling indicates a chargeable and conductive

intrusive body at depth

• Au Epithermal: Later-stage low sulphidation epithermal gold

mineralisation associated with shallow-level boiling (“Lihir”
style)

• Cu / Au Porphyry: – Early-stage copper-gold mineralization,

potassic alteration / phyllic overprint (“Panguna” style)

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 Feni Island
Adyton Drill Program (Jul – Oct 2021)
HOLE ADK004 - Copper
“Multi‐element assays have returned significant copper
intersections from hole ADK004 in two zones – a shallower
disseminated zone of copper mineralization followed by a
zone of massive sulphide copper mineralization”

Massive sulphide Cu + Au Zone:

➢ 6.4m (149.7 to 156.1m) @ 5.1% Cu & 1.6g/t Au

Incl: 3.6m (151.5 to 155.1m) @ 6.9% Cu & 2.1g/t Au

Incl: 0.7m (154.4 to 155.1m) @ 14.5% Cu & 2.4g/t Au

Disseminated Cu + Au Zone:

➢ 35.9m (70.7 to 106.6m) @ 0.3% Cu & 1.1g/t Au

ADK004 – 155.1 – 156.1m Massive sulphide
mineralization in Hydrothermal Breccia

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 Feni Island - Drilling
Adyton Drill Program (Jul – Oct 2021)
• 1,962m in 5 drill holes (3 Kabang & 2 Matangkaka)

➢ ADK001 – 003 testing southern margin / IP target

➢ ADK004 – 005 drilled at north under-cover ADK001: 145m @

0.8g/t Au (1-146m)
Significant Gold intersections:
• ADK001: 145m @ 0.8g/t Au (1 - 146m) ADK003:
incl 43m @ 1.3g/t Au (48 - 91m) 84m @
28m @ 1.6g/t Au (63 – 91m) 0.6g/t Au
(55-139m)
• ADK003: 84m @ 0.6g/t Au (55 - 139m)
incl 2m @ 1.4g/t Au (55 – 57m)
3m @ 1.2g/t Au (61 – 64m)
6m @ 1.0g/t Au (93 – 99m)
16m @ 1.3g/t Au (124 – 139m)

• ADK004: 84.1m @ 1.0g/t Au (72 -156.1m)

incl 10m @ 1.4g/t Au (74 – 84m)
15.6m @ 1.2g/t Au (91 – 106.6m)
4.6m @ 2.0g/t Au (151 – 156.1m)
7m @ 1.4g/t Au (329 – 336m)
incl 1m @ 5.2g/t Au (335 – 336m)
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 Feni Island – drilling on IP

Kabang drilling area showing IP

conductive channel, IP phase
targets and location of the five
completed Adyton diamond drill
holes.

Note the prospective corridor is

> 1.5kms long, lightly drilled,
and under younger volcanic
cover at the northern end which
has hindered previous
exploration efforts.

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 Feni Island - Copper

35.9m (70.7 to 106.6m) @

0.3% Cu & 1.1g/t Au

Tephra / Epiclastics
6.4m (149.7 to 156.1m)
@ 5.1% Cu & 1.6g/t Au
84m @ 1.0g/t Au (72-156m)
incl 10m @ 1.4g/t Au
16m @ 1.2g/t Au
4.6m @ 2.0g/t Au

Massive Cu
Sulphide
Volcanic Breccia / Syenite Intrusive
30 cms

1m @ 5.2g/t Au

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 Petrography
Feni Drill Hole ADK 004 confirms porphyry mineralization with shallower epithermal

Two styles of mineralization confirmed:

➢ shallower (overprinting) epithermal style

➢ earlier porphyry intrusive mineralisation

Epithermal style:
❑ pervasive adularia alteration overprinted by kaolinite-dickite-alunite advanced argillic alteration
❑ vein-style pyrite-chalcopyrite-arsenopyrite, rare tennantite-tetrahydrite, Au minzn in pyrite veins
Porphyry style:
❑ Plagioclase-phyric brecciated diorite porphyries quartz + fluorite veining
❑ Breccias are pyrite + chalcopyrite-rich with replacement of clast and matrix
❑ Mineralised thin quartz veins suggesting porphyry style mineralization
❑ Sericite pyrite alteration, albitization, minor potassic alteration

Massive sulphide Cu + Au Zone:

Petrology work
➢ 6.4m (149.7 to 156.1m) @ 5.1% Cu
carried out on the & 1.6g/t Au
highly successful Disseminated Cu + Au Zone:
diamond drill hole ➢ 35.9m (70.7 to 106.6m) @ 0.3% Cu
ADK004 & 1.1g/t Au

Gold Only

➢ 84m (72-156m) @ 1.0 g/t Au

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 Fergusson Island

A focus on near term

production
• Focus on Wapolu, Gameta and Oredi Creek

• 38 hole, 3,400m diamond drill campaign

completed highlighting new target area
outside resource

• Identified scope to increase and expand

current resource envelope

• Leveraging results and previous studies to

advance production

• Favorable distance and infrastructure

between projects allows for simple dig and
ship operation

• Easy low-cost barge access and supportive

landholders

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 Fergusson Island
Recent Gameta drilling results A Northern High-
show consistent shallow high grade Grade Zone
B
gold intercepts E
A. ADD001: 18.3 @ 2.65g/t inc [email protected]/t C F
B. GRC037: 34m @ 5.0g/t inc13.2m @ 6.74g/t
D New Central
C. ADD002: 27.2m @ 4.38g/t inc 13.2m @6.74g/t High-Grade Zone
D. ADD025: 6.0m @ 4.3g/t
G
E. ADD006: 18.1m @ 4.88g/t incl 3m@ 14.2g/t
H
F. ADD010: 6.2m @ 5.6g/t
G. ADD038: 9m @ 3.50g/t inc 6.9m @ 4.31g/t & 5.3m @ 2.63g/t I
H. ADD027: 4m @ 2.43g/t & 3.4m @ 2.02g/t
ADD031: 3m @ 2.74g/t
ADD034: 2.3m @ 3.91g/t inc 12m @ 3.79g/t
I. ADD037: 4.3m @ 3.15g/t
J. GDH011: 11m @ 3.1g/t J N
K. GDH016: 7m @ 5.9g/t K
L. GRC191: 49m @ 3.9g/t L O
M. GRC044: 20m @ 3.3g/t M
N. GRC180: 7m @ 4.4g/t Southern High-
2021 drill holes
O. GDH017: 12m @ 4.4g/t Grade Zone
Historical
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 Fergusson Island
Gameta targeting and upside

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16
 Fergusson Island
Gameta – new high-grade
zone discovery

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New
Discovery
Zone XS16

17
 Trenching program:
Confirming continuity at surface
Gameta – trenching results
outcropping at surface

Previous Resource
Fergusson Island

Outline

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 Preliminary unoptimized Metallurgical Test-Work Program
Gameta Gold Project

Bulk Sampling Test-Work Program (Core Resources)

Three representative 30kg samples from Testing on the fresh core:
crushed reject were initially selected ➢ crushing & homogenisation
representing the three main ore types: ➢ fire assay and ICP scan
➢ indicative Leachwell extraction
➢ silica-rich ore ➢ flotation with a cleaner stage to produce a marketable concentrate.
➢ clay-rich ore, and
➢ quartz-vein) metamorphics (footwall)

Additional test work on an additional 22kg Results

of fresh-core samples to ensure that the ➢ confirmation that flotation is the commercial method of gold recovery
test work mirrored as close as possible ➢ Au un-optimised conc grade 22.3g/t; Recovery 86.9%
expected plant-feed ore. ➢ Ag un-optimised conc grade 32.9g/t Ag; Recovery 84.6%
➢ low capex processing
➢ produce a concentrate for sale to third parties

Next Steps
➢ Further optimisation work (→ conc grade to closer to 30g/t Au)
➢ Carry out additional bulk sampling
➢ Commence Pre-Feasibility test-work program
➢ Proposal received from Core Resources

TSXV: ADY | OTC: ADYRF Agitair flotation cell set up 19

 Fergusson Island

Wapolu
Gameta sister deposit

• 30kms from Gameta – potential to combine resources and

execute dig and ship operations

• Wapolu deposit consists of 5.8m tonnes at an average grade of

1.06 g/t Au, for contained Inferred Resource of 200,000oz Au
(Oct 2021).

• Historical exploration and drilling - large number of shallow holes

drilled (late 1980's / early 1990's)

• Limited trial mining (1995 to 1997)

• Limited 400m diamond coring program completed (August 21)

• Samples for confirmation of historical drilling and metallurgical

testing

• Results confirming shallow ore zones - early start-up potential

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 3kms strike extent of mineralisation

Fergusson Island A Adyton drill

area K
Like Gameta Wapolu drilling showed
consistent shallow high grade gold B
J
intercepts
C
A. WPA036: 10m @ 5.9g/t
I
B. ADW001: 26m @ 1.79g/t inc 9m @ 2.94g/t
C. ADW002: 17m@ 1.86g/t H
D. ADD003: 6.0m @ 2.25g/t & 2.5m @ 2.50g/t D
E. WPC072: 7.7m @ 4.35g/t E
F. WPA134: 19m @ 4.3g/t
G. WPD091: 1.1m @ 14.8g/t & 3.1m @ 2.12g/t
H. WPA163: 13m @ 3.2g/t
I. ADW005: 11.7m @ 1.60 g/t
F
J. ADW004: 4m @ 2.91g/t & 7.4m @ 1.62g/t
K. WPD020: 6m @ 4.31g/t

2021 drill holes

Historical Resource Boundary
0 500m
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21
 Wapolu drilling results
Fergusson Island

Resource Outline

XS E224914E

TSXV: ADY | OTC: ADYRF 22

 WHAT DOES SUCCESS
LOOK LIKE (NEXT TWO
YEARS)
FENI ISLAND FERGUSSON ISLAND

Develop Wapolu and Gameta into a shovel ready low cost

2-2.5mtpa ROM gold mine producing and selling
concentrate containing 70,000 – 90,000 oz gold and up to
PNG 150,000 oz silver.

FENI ISLAND
FERGUSSON Secure development partner to continue exploration to
ISLAND identify a plus 5 Moz gold resource and 1 million tonne
contained copper resource to advance into development.

AUSTRALIA
TSXV: ADY | OTC: ADYRF 23
 Development Pathway
Gameta/Wapulu Gold Project

Project Targets for FS – what success looks like

➢ Drilling – Resource Increase → Indicated (~500kOz Au) / Inferred
(~1.0mOz Au)
➢ Develop a 2-2.5mtpa project producing an export Au / Ag concentrate
(sell to smelter)
➢ Producing 70,000 – 90,000 oz of gold and 100,000 - 150,000 oz of silver
➢ All in cost of less than USD$650/gold oz
➢ EBITDA of more than USD$50M.
➢ Target capex to develop the project will be less than USD$60M.

Pathway to Production
❖ Drilling Resource Increase (six months)
❖ Feasibility study (six months)
❖ ML and EL applications and assessment (12 months)
➢ ML and EL grant (shovel ready stage)
➢ Commence construction (24 months)
➢ Commence Mining (30 months)
TSXV: ADY | OTC: ADYRF
Thank you
Adyton Resources Limited Level 14, 167 Eagle Street
Brisbane, QLD 4000 Australia
T: +61 2 3854 2389
E: [email protected] PO Box 5807
W: www.adytonresources.com Brisbane, QLD 4000
 Appendix : ESG Principles

Focused on sustainable Targeting Zero/Neutral Emissions

development & building Contributing to PNG Nation Building

a future for all
Two-Way Stakeholder Engagement
- In Country
- Capital market

Developing Sustainable Projects

Building Long Lasting Community Partnerships

- Grass roots to Government

Reputable Counterparts
- Suppliers
- Service providers

TSXV: ADY | OTC: ADYRF 26

 Appendix : Resource Estimates using various cut-off criteria
Gameta – Grade Tonnage Table

Indicated Resource Inferred Resource

Cut-off Tonnes Gold grade Contained Tonnes Gold grade Contained
Criterion (g/t Au) (Mt) (g/t) Gold (koz) (Mt) (g/t) Gold (koz)
0.3 4.5 1.24 179 16.9 0.78 423
0.4 4.3 1.29 178 13.1 0.9 379
0.5 4.0 1.33 173 10.5 1.01 340
0.6 3.8 1.39 168 8.5 1.12 305
0.7 3.4 1.46 162 7.0 1.22 274
0.8 3.1 1.54 154 5.8 1.32 245
0.9 2.8 1.63 145 4.8 1.42 219
1.0 2.5 1.71 135 4.0 1.51 195

Wapolu – Grade Tonnage Table Feni – Kabang Grade Tonnage Table

Inferred Resource Inferred Resource

Cut-off Tonnes Gold grade Contained Cut-off Tonnes Gold grade Contained
Criterion (g/t Au) (Mt) (g/t) Gold (koz) Criterion (g/t Au) (Mt) (g/t) Gold (koz)
0.3 9.3 0.81 240 0.3 104.2 0.6 2,000
0.4 7.3 0.93 220 0.4 78.4 0.68 1,710
0.5 5.8 1.06 200 0.5 60.4 0.75 1,460
0.6 4.7 1.18 180 0.6 40.9 0.85 1,100
0.7 3.8 1.3 160 0.7 28.2 0.94 850
0.8 3.1 1.42 140 0.8 19.9 1.01 650
0.9 2.6 1.55 125 0.9 11.0 1.14 400
1.0 2.1 1.67 115 1.0 6.7 1.27 270

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