Mineral Reserve and Mineral Resource Reporting Notes
Mineral Reserves
Notes:
• Mineral Reserves are stated effective as of December 31, 2025 and estimated in accordance with CIM Standards
• Shown on a 100% basis
• Reflects that portion of the Mineral Resource which can be economically extracted by open pit methods
• Considers the modifying factors and other parameters, including but not limited to the mining, metallurgical, social, environmental, statutory and financial aspects of the project
Sadiola and Korali Sud Mines:
• A base gold price of $2,000/oz was used for the pit optimization, with the selected pit shells using values of $2,000/oz (revenue factor 1.0 for all oxides, north and satellite pits) and $1,700/oz (revenue factor 0.85) for the Sadiola Main fresh rock zone.
• The cut-off grades used for Mineral Reserves reporting were informed by a $2,000/oz gold price and vary from 0.26 g/t to 0.69 g/t for different ore types due to differences in recoveries, costs for ore processing and ore haulage.
Kurmuk Project:
• A base gold price of $1,700/oz was used for the pit optimization, with the selected pit shells using values of $1,530/oz (revenue factor 0.90) for Dish Mountain and $1,300/oz (revenue factor 0.76) for Ashashire.
• The cut-off grades used for Mineral Reserves reporting were informed by a $1,700/oz gold price and vary from 0.36 g/t to 0.49 g/t for different ore types due to differences in recoveries, costs for ore processing and ore haulage.
Bonikro Mine:
• A base gold price of $2,000/oz was used for the pit optimization (revenue factor 1.00).
• The cut-off grades vary from 0.46 to 0.69 g/t Au for different ore types due to differences in recoveries, costs for ore processing and ore haulage.
Agbaou Mine:
• A base gold price of $2,000/oz was used for the pit optimization (revenue factor 1.00).
• The cut-off grades vary from 0.43 to 0.55 g/t Au for different ore types due to differences in recoveries, costs for ore processing and ore haulage.
Oumé Deposit:
• A base gold price of $2,300/oz was used for the pit optimization (revenue factor 1.00).
• Cut-off grades vary from 0.54 to 0.71 g/t Au for different ore types due to differences in recoveries, costs for ore processing and ore haulage.
Mineral Resources
Notes:
• Mineral Resources are estimated in accordance with CIM Standards.
• Shown on a 100% basis
• Are inclusive of Mineral Reserves. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability
• Resources, except for Oumé, are reported at a variable cutoff grade by material type, considering variable costs and recoveries considering a $2,300 gold price, constrained within a $2,300/oz pit shell and depleted to 31 December 2025. Cut-off grades range from 0.38 to 0.60 g/t Au at Bonikro, 0.37 to 0.48 g/t Au at Agbaou, 0.23 to 0.58 g/t Au at Sadiola, 0.30 to 0.66 g/t at Korali Sud, and 0.37 to 0.49 g/t at Kurmuk. Oumé is reported considering a $2,400 gold price and $2,400 pit shell, with cut-off grades ranging from 0.54 to 0.69 g/t Au
• Rounding of numbers may lead to discrepancies when summing columns
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Mineral Property
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Qualified Person
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Mineral Reserves
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Mineral Resources
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Sadiola Mine
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Esteban Chacon, Register Member Chilean Mining Commission
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Alejandro Garrone, MAusIMM (CP)
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Korali Sud Mine
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Esteban Chacon, Register Member Chilean Mining Commission
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Alejandro Garrone, MAusIMM (CP)
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Kurmuk Project
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Esteban Chacon, Register Member Chilean Mining Commission
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Chelsey Protulipac, P.Geo
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Bonikro Mine
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Esteban Chacon, Register Member Chilean Mining Commission
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Chelsey Protulipac, P.Geo
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Agbaou Mine
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Esteban Chacon, Register Member Chilean Mining Commission
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Chelsey Protulipac, P.Geo
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