Announcement PDF Quarterly Activities Report | For the period ended 30 September 2024 Quarterly Activities Report For the period ended 30 September 2024 Highlights  Another good quarter from operations  Copper equivalent production of 10.2kt for the quarter at improved AISC of A$5.32/lb  Tritton performed well with production ahead of plan at 5.0kt copper  Cracow well ahead of plan at 12.9koz gold  Mt Colin mining in line with plan but high oxidised mill feed impacted recovery and production  Jaguar on care and maintenance. Preferred restart scenario to be presented to the Board this current quarter  Stockman feasibility work continues  Cash and receivables increased from $33.4M to $39.1M Unit Jun 24 Qtr Sep 24 Qtr FY25 Guidance /mmhrs 1.19 1.41 - Copper produced kt 6.7 6.0 27 – 32 Gold produced koz 14.2 15.2 50 – 62 Silver produced koz 42.6 43.9 200 – 240 Cu eq production kt 10.2 10.2 40 – 48 A$M 54.0 49.1 172 – 210 Processing A$M 23.3 21.5 69 – 85 Site & G&A A$M 11.2 9.3 35 – 42 TC/RCs A$M 5.2 4.9 17 – 21 Product handling A$M 5.9 4.5 19 – 23 Care and maintenance. A$M - 2.3 3–5 Sustaining A$M 15.8 15.1 64 – 79 Growth A$M 2.2 3.0 38 – 49 Exploration A$M 2.6 3.0 5–8 Projects A$M 0.4 0.5 1–2 AISC A$M 123.0 119.7 - AISC A$/lb Cu eq 5.45 5.32 - LTIFR Operating Costs Mining Capital Costs 1 Group Safety, Environment and Community Aeris recorded no lost time injuries in the last quarter, bringing the 12-month rolling LTIFR to 1.41. There was one Reportable Environmental Incident recorded in the quarter related to poor water quality, potentially from mine-affected water, in a diversion drain at Mt Colin. Drainage controls around the mine embankment have been upgraded to prevent a reoccurrence. Figure 1: Group LTIFR 3 No of LTI LTIFR 2 1 0 2 Tritton Operations (NSW) Key points for quarter:  Copper production of 5.0kt at AISC of $5.06/lb, ahead of plan  Increased production from high-grade Avoca Tank stopes  AISC costs decreased, quarter on quarter  28 holes drilled at Constellation, focusing on infill drilling of the main zone resource and better defining the subvertical stand-up zone Jun 24 Sep 24 Qtr Qtr kt 314.6 269.1 % Cu 1.89 1.87 Ore Milled kt 307.4 273.9 Milled Grade % Cu 1.88 1.90 Recovery Cu 94.3% 95.9% Copper Produced kt 5.4 5.0 21 – 25 Gold Produced koz 1.5 1.5 7–9 Silver Produced koz 42.6 43.9 200 – 240 Mining A$M 30.7 27.4 105 – 128 Processing A$M 8.2 7.4 29 – 36 Site G&A A$M 5.7 5.2 21 – 25 TC/RCs A$M 4.3 4.2 13 – 16 Product Handling A$M 4.8 3.7 14 – 17 By-Product Credit A$M (5.8) (7.1) Royalties A$M 2.9 2.0 Corporate G&A A$M 0.5 0.5 Inventory Movements A$M (1.1) 0.8 Sustaining Capital1 A$M 12.6 11.5 A$M 62.9 55.6 A$/lb 5.23 5.06 Growth Capital A$M 2.1 2.7 37 – 45 Exploration A$M 0.2 0.5 1–2 A$M 65.2 58.7 A$/lb 5.43 5.35 Production Summary Unit Ore Mined Mined Grade FY25 Guidance Cost Summary All-In Sustaining Costs2 All-In Costs2 51 – 63 1. Includes sustaining capital, capitalised mine development and financing payments (principal and interest) on leased assets 2. All-In Sustaining and All-In Costs are based on copper produced 3 Operations Mining operations performed well for the quarter. Total mined tonnes were slightly lower than plan but were compensated by higher grades resulting in produced copper ahead of plan. Mining was impacted by unplanned absenteeism, so activities were focused at the Avoca Tank mine where mined grades were better than expected. Avoca Tank production was prioritised ahead of mining from Budgerygar and Murrawombie. Mined tonnes are forecast to increase in the second half of the financial year as the paste fill line to Budgerygar is completed in January, allowing increased production from the mine, and as the Murrawombie pit cut back starts delivering ore to the mill. The processing plant performed well, with metallurgical recovery ahead of plan. Costs All-in sustaining costs were well contained, decreasing quarter on quarter to $5.06/lb. Exploration Drilling has continued at Constellation deposit throughout the quarter with 28 diamond drill holes completed. Most of the drill holes (21) were associated with the resource definition drill program targeting the shallow dipping “main zone” which defines most of the known deposit (refer to Figure 2). The remaining drill holes (7) targeted the interpreted sub-vertical mineralised zone along the northern margin of the deposit, referred to as the stand-up zone (refer to Figure 3). The stand-up zone drill program has progressively moved from targeting within the existing Inferred Mineral Resource to testing down-plunge extensions. Drill results within the projected down-plunge position have been variable. Further work is required to understand the potential of down-plunge extensions along the stand-up zone. High-grade copper intersections within the stand-up zone include:  TAKD105 - 28.2m @ 7.50% Cu, 0.88g/t Au, 4.43g/t Ag (from 86.0m)1  TAKD106 - 9.0m @ 3.24% Cu, 1.10g/t Au, 6.36g/t Ag (from 146.5m)1  TAKD108 - 11.9m @ 2.35% Cu, 0.78g/t Au, 3.41g/t Ag (from 196.8m)1 High-grade copper intersections within the main zone include:  TAKD111 - 2.1m @ 3.91% Cu, 2.42g/t Au, 22.12g/t Ag (from 236.4m)1  TAKD118 - 9.2m @ 3.76% Cu, 0.82g/t Au, 6.32g/t Ag (from 145.6m)1  TAKD118 - 9.55m @ 2.43% Cu, 1.31g/t Au, 5.31g/t Ag (from 159.55m)1  TAKD119 - 9.1m @ 4.81% Cu, 1.31g/t Au, 15.6g/t Ag (from 176.5m)1 The drill program will continue throughout Q2 FY25. 1 Drill hole true width lengths are between 60% to 85% of reported interval lengths. 4 Figure 2: Long section view looking west showing drill hole pierce points through the Constellation Main zone 5 Figure 3: Long section view looking north showing drill hole pierce points through the Constellation Stand-Up zone 6 Cracow Operations (QLD) Key points for quarter:  Increased gold production for the quarter of 12.9koz due to the availability of higher grade stopes  AISC lower quarter on quarter at $2,352/oz driven by lower mining costs and higher gold production  Exploration drilling continued in the Western Vein Field with five holes intersecting the Apollo structure and awaiting assay results Jun 24 Sep 24 Qtr Qtr kt 120.0 126.8 Mined Grade g/t 3.06 3.30 Ore Milled kt 155.7 157.6 Milled Grade g/t 2.58 2.80 Recovery Au 89.8% 91.1% Gold Produced koz 11.6 12.9 Gold Sold koz 11.6 12.6 Mining A$M 14.0 14.0 57 – 70 Processing A$M 6.9 6.5 24 – 30 Site G&A A$M 3.2 2.7 11 – 13 By-Product Credit A$M (0.3) (0.2) Royalties A$M 2.3 2.6 Corporate G&A A$M 0.4 0.4 Inventory Movements A$M (0.2) 0.2 Sustaining Capital1 A$M 3.2 3.6 A$M 29.5 29.7 A$/oz 2,533 2,352 Growth Capital A$M 0.0 0.0 0–1 Exploration A$M 1.8 2.0 3–4 A$M 31.3 31.7 A$/oz 2,688 2,509 Production Summary Unit Ore Mined FY25 Guidance 40 – 49 Cost Summary All-In Sustaining Costs2 All-In Costs2 13 – 16 1. Includes sustaining capital, capitalised mine development and financing payments (principal and interest) on leased assets 2. All-In Sustaining and All-In Costs are based on gold sold 7 Operations Cracow performed well for the quarter with mined tonnes and grade both higher quarter on quarter and compared to plan. High-grade stopes at Coronation contributed to the improved results. The processing plant also performed well with recovery slightly above plan. Mill feed from underground ore was supplemented with low grade stockpiles. Costs Gross mining costs were lower than plan due to good cost management and reduced ground support requirements for the stopes scheduled. All-in sustaining costs were also reduced on a unit basis due to increased gold production. Exploration Western Vein Field Underground exploration drilling continued during the quarter, targeting the Apollo and Coronation West structures in the Western Vein Field. The Apollo structure is the priority exploration target and a further six drill holes were completed within the quarter. The drill holes targeted extensions to the high-grade mineralisation intersected from previous drilling (KLU213 3.7m @ 11.2g/t Au and KLU279 0.8m @ 4.1g/t Au)1. Three additional drill holes did not achieve target depth due to poor ground conditions and were abandoned. Drilling to date has defined a high-grade gold lode characterised by varying amounts of epithermal veining, including either breccia or quartz lode (refer to Figure 4). Drilling down dip of historic high-grade intercepts has shown quartz breccia lodes and stockwork veining displaying epithermal textures. Drilling elsewhere along the Apollo structure has intersected the structure, however there is an absence of veining and gold mineralisation. At the end of the quarter, five drill holes which intersected the Apollo structure are awaiting assay results. 1 Refer to ASX Announcement “Quarterly Activities Report – March 2024” dated 30th April 2024 8 Figure 4: Oblique view looking northwest showing drill hole pierce points through the Apollo structure at the Western Vein Field A drilling program targeting the Coronation West and Kilkenny West structures has commenced, aiming to identify high-grade gold zones similar to the nearby Sterling deposit. Eight drill holes were completed during the quarter, testing the structure along strike to the initial drill intercept (IMU148 1.7m @ 2.8g/t Au). Assay results were returned from seven drill holes during the quarter. No significant intersections were reported. Drilling has continued into the next quarter, targeting the remaining extensions to anomalous quartz lode intercepts between the Coronation West and Kilkenny West targets (refer to Figure 5). 9 Figure 5: Plan view of the Cracow Western Vein Field showing the position of the Apollo and Coronation West structures 10 Golden Plateau Within the quarter an updated Mineral Resource estimate (MRE) was completed for the Golden Plateau deposit1. The updated MRE was based on incorporating five drill holes2 targeting extensions to several mineralised lodes completed in the prior quarter3. The updated MRE did not result in a material change to the reported Mineral Resource figures (refer to Table 1 below). Table 1: Golden Plateau MRE tonnage and grade comparison between the current and previous MRE MRE Jan 2023 Mt Open Pit 0.5 Underground 1.5 Total July 2024 Indicated Au cutoff Mine Method Au Ag Inferred Au Ag Au Ag Total Au Ag Mt g/t g/t koz koz 0.12 3.1 18.4 11.4 71.0 0.01 5.9 9.4 2.6 0.13 3.4 17.5 Au Ag Au Ag g/t g/t koz koz Mt g/t g/t koz koz 0.05 2.4 16.5 3.7 26.5 0.16 2.9 17.9 15.1 97.5 3.0 0.44 3.1 14.3 43.9 202.3 0.45 3.2 14.1 46.5 205.3 14 73.1 0.49 3.0 14.5 47.6 228.4 0.62 3.1 15.1 61.6 301.6 Open Pit 0.5 0.11 3.2 16.2 11.2 56.9 0.04 1.9 9.9 2.7 14.1 0.15 2.9 14.9 13.9 71.0 Underground 1.5 0.01 5.5 5.3 2.5 2.4 0.47 3.1 11.3 47.0 172.0 0.49 3.3 11.5 49.5 174.4 0.12 3.4 14.9 13.7 59.3 0.52 3.0 11.2 49.8 186.1 0.64 3.2 12.3 63.4 245.4 -5.0% 1.3% -14.7% -2.3% -18.9% 5.6% -0.4% -22.9% 4.5% -18.5% 3.4% 2.6% -18.5% 3.0% -18.6% Total Percentage Differences 1 The updated July 2024 Golden Plateau deposit applied the same parameters and assumptions used for the maiden MRE for the Golden Plateau deposit that require disclosure under JORC 2012 reporting requirements. Please refer to ASX announcement “Maiden Mineral Resource for Golden Plateau” dated 25th January 2023 for a full description of the parameters and assumptions used. Aeris is not aware of any new information or data that materially affects the information included in the relevant market announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. 2 A total of 92 drill holes inform the updated July 2024 Golden Plateau MRE. 3 Refer to ASX announcement “Quarterly activities statement – June 2024” dated 30th July 2024. 11 North Queensland Operations (QLD) Key points for quarter:  Mining performance in line with plan as final stopes are extracted  Cost well maintained within plan  Processing underperformed due to increased levels of oxidised material impacting recovery  Significant stockpiles of 175kt of ore at Ernest Henry mill available for processing in the following quarter  Mining activities now expected to be completed in late November Jun 24 Sep 24 Qtr Qtr kt 139.0 106.4 % Cu 2.22 2.51 Ore Milled kt 104.9 101.8 Milled Grade % Cu 1.96 1.57 Recovery Cu 61.5% 62.3% Copper Produced kt 1.3 1.0 6–7 Gold Produced koz 1.2 0.8 3–4 A$M 8.5 7.7 10 – 12 Production Summary Unit Ore Mined Mined Grade FY25 Guidance Cost Summary Mining Processing A$M 7.7 7.6 16 – 19 Site G&A A$M 1.2 1.3 3–4 TC/RCs A$M 0.9 0.7 4–5 Product Handling A$M 1.1 0.8 5–6 By-Product Credit A$M (5.0) (5.4) Royalties A$M 0.9 1.6 Corporate G&A A$M 0.3 0.3 Inventory Movements A$M 1.6 4.6 Sustaining Capital1 A$M (0.1) 0.0 A$M 17.2 19.4 A$/lb 6.17 8.81 Growth A$M 0 0.2 1–3 Exploration A$M 0.3 0.1 0–1 A$M 17.4 19.6 A$/lb 6.26 8.94 All-In Sustaining Costs2 All-In Costs2 0 1. Includes sustaining capital, capitalised mine development and financing payments (principal and 2. interest) on leased assets All-In Sustaining and All-In Costs are based on copper produced 12 Operations Mining rates at Mt Colin are declining as the final stopes are taken, however tonnes mined were in line with plan. Mined grade improved quarter on quarter as more higher grade pillars were extracted. Mining activities are expected to be completed by late November 2024. A single processing run at EHM was completed, although performance was poor. A high proportion of low-grade oxidised material resulted in low milled grade and metallurgical recovery. Metal produced was significantly below plan for the quarter. For the remaining processing runs (in Q2 and Q3), increased monitoring of the mill feed material and proportions of oxidised to fresh ore will be undertaken to improve performance. Also, as mining of the cave zone has been completed, the remaining ore to be mined will be sulphide material. At the end of the quarter, 175kt of stockpiled ore remained at EHM available for processing. Costs Cash operating costs for the quarter were in line with plan although the lower grade and metallurgical recovery impacted all-in sustaining costs. Increased inventory movement costs reflect the drawdown of stockpiles on the Mt Colin site. Exploration No material exploration activities were undertaken in North Queensland during the quarter. Barbara Project The minor amendment to the environmental authority required to commence mining at Barbara was granted by the regulator. The feasibility study on the underground mining project is nearly complete, at which point the project will be presented to the Board for final investment decision. 13 Jaguar Operations (WA) Key points for quarter:  Operation on care and maintenance  Care and maintenance costs of $2.4M, in line with the previous quarter  A number of restart scenarios for Jaguar Operations have been assessed, incorporating resources from the various deposits and exploration targets. A preferred option will be presented to the Aeris board for approval this quarter.  Drilling at Heather Bore prospect intersected gold mineralisation and will be used to develop an updated geology model to inform further exploration Exploration Assay results from the two-hole diamond drill program at the Heather Bore gold prospect have been received. The drill program was designed to enhance the geological understanding of the area by focusing on stratigraphy, structural features, and the broader litho-structural setting. Additionally, it aimed to assess the presence of primary gold mineralisation within the fresh rock, targeting depths below an extensive shallow gold anomaly of +0.5 g/t Au identified within the weathered rock profile. Both drill holes returned multiple low-grade gold anomalies (>0.1 g/t Au) within predominantly andesitic host rocks, exhibiting variable silica-sericite-pyrite alteration. A notable high-grade interval was intersected in drill hole 24HBDD001, reporting 0.79m @ 1.99 g/t Au, contained within a broader interval of 3.0m @ 0.65 g/t Au. The results have enhanced the understanding of the stratigraphy and structural framework at the Heather Bore prospect. Ongoing work is focused on using the geological data from both drill holes to develop a more detailed stratigraphic and structural model across the prospect, providing a foundation for refining target areas for future exploration. The Heather Bore prospect continues to be regarded as a highpriority gold target. 14 Figure 6: Long section view of the Heather Bore gold prospect showing the position of the recently completed diamond drill holes, historical drill holes and anomalous gold mineralisation Stockman Project (VIC) Key points for quarter:  Following the successful completion of the “proof of concept” metallurgical test work on the modified flotation plant (at the mine site) and downstream Albion processing plant, the project commenced preparation for the next phase which will include detailed metallurgical test work and preliminary engineering.  Groundwater environmental quality objective methodology report was submitted to Environmental Protection Authority (EPA). Feedback from EPA was received with Stockman’s response submitted. Water quality monitoring is on-going for the project.  Planned capital improvement works for the Benambra school have been completed  Stockman continues to support the local area with community grants provided to several regional groups 15 Corporate Cash and Receivables At the end of the quarter, Aeris increased useable cash and receivables to $39.1 million with a closing unrestricted cash balance of $25.5 million. A further $2 million during the quarter was applied to restricted cash for environmental bonding obligations (taking the total to $12 million) which is not included in the closing cash balance. Jun 2024 QTR Sep 2024 QTR Closing cash Receivables Mt Colin Cracow Tritton 24.8 25.5 1.2 0.0 7.5 3.6 0.0 10.0 Useable Cash and Receivables 33.4 39.1 Jun Sep 2024 2024 QTR QTR Opening cash Cash flow from operations Cash flow from capital expenditure 19.4 35.3 (26.6) 24.8 25.4 (19.4) Cash flow from financing (3.4) (5.2) Closing cash 24.8 25.5 (A$ Million) (A$ Million) Debt and Hedging At the end of the quarter, the Company’s debt position remained unchanged with $40 million drawn on the WHSP facility. The Company had no hedges in place at the end of the quarter. The process to refinance the company’s debt and bonding facilities is in the final stages and to allow additional time to complete the process, ANZ has agreed to extend its bonding facility to 15 November 2024. Authorised for lodgement by: Andre Labuschagne Executive Chairman ENDS 16 For further information, please contact: Andre Labuschagne Executive Chairman Tel: +61 7 3034 6200 Stefan Edelman General Manager – Corporate Development investorrelations@aerisresources.com.au or visit our website at www.aerisresources.com.au About Aeris Aeris Resources is a mid-tier base and precious metals producer. Its copper dominant portfolio comprises three operating assets, a mine on care and maintenance, a longlife development project and a highly prospective exploration portfolio. Aeris has a strong pipeline of organic growth projects, an aggressive exploration program and continues to investigate strategic merger and acquisition opportunities. The Company’s experienced board and management team bring significant corporate and technical expertise to a lean operating model. Aeris is committed to building strong partnerships with its key community, investment and workforce stakeholders. 17 Competent Persons Statements Mr Chris Raymond confirms that he is the Competent Person for all Exploration Results at the Tritton Operation, and he has read and understood the requirements of the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code, 2012 Edition). Mr Raymond is a Competent Person as defined by the JORC Code, 2012 Edition, having relevant experience to the style of mineralisation and type of deposit described in the Report and to the activity for which he is accepting responsibility. Mr Raymond is a Member of the Australian Institute of Geoscientists (MAIG No. 6045). Mr Raymond has reviewed the Report to which this Consent Statement applies and consents to the inclusion in the Report of the matters based on his information in the form and context in which it appears. Mr Raymond is a full-time employee of Aeris Resources Limited. The information in this report that relates to Exploration Targets or Exploration Results at the Cracow Operation is based on information compiled by Craig Judson. Mr Judson confirms that he is the Competent Person for all Exploration Results, summarised in this Report and he has read and understood the requirements of the 2012 Edition of the Australasian Code for Reporting of Exploration Targets, Exploration Results, Mineral Resources and Ore Reserves (JORC Code, 2012 Edition). Mr Judson is a Competent Person as defined by the JORC Code, 2012 Edition, having relevant experience to the style of mineralisation and type of deposit described in the Report and to the activity for which he is accepting responsibility. Mr Judson is a Member of the Australasian Institute of Mining and Metallurgy (MAusIMM No. 325510). Mr Judson has reviewed the Report to which this Consent Statement applies and consents to the inclusion in the Report of the matters based on his information in the form and context in which it appears. Mr Judson is a full-time employee of Aeris Resources Limited. The information in this report that relates to Exploration Targets or Exploration Results at the Jaguar Operation is based on information compiled by Alain Cotnoir. Mr Cotnoir confirms that he is the Competent Person for all Exploration Results, summarised in this Report and he has read and understood the requirements of the 2012 Edition of the Australasian Code for Reporting of Exploration Targets, Exploration Results, Mineral Resources and Ore Reserves (JORC Code, 2012 Edition). Mr Cotnoir is a Competent Person as defined by the JORC Code, 2012 Edition, having relevant experience to the style of mineralisation and type of deposit described in the Report and to the activity for which he is accepting responsibility. Mr Cotnoir is a Member of the Australasian Institute of Mining and Metallurgy (MAusIMM No. 315017). Mr Cotnoir has reviewed the Report to which this Consent Statement applies and consents to the inclusion in the Report of the matters based on his information in the form and context in which it appears. Mr Cotnoir is a full-time employee of Aeris Resources Limited. 18 APPENDIX A: Summary of drill hole collar and survey details for holes completed during the quarter as part of the Constellation resource definition drill program TAKD108 Easting1 (m) 498,621 Northing1 (m) 6,561,134 163 Total Depth (m) 256 TAKD109 498,724 6,561,200 162 171.2 1.0 -56.0 Complete TAKD110 498,857 6,561,072 162 315.2 1.0 -59.5 Complete TAKD111 498,825 6,561,004 162 262.3 268.0 -70.0 Complete TAKD112 498,616 6,560,991 164 132.1 309.5 -70.0 Complete TAKD113 498,662 6,561,030 163 159.3 312.0 -70.0 Complete TAKD114 498,672 6,561,159 162 200 0.5 -52.5 Complete TAKD115 498,688 6,560,976 164 179.9 303.0 -71.5 Complete TAKD116 498,667 6,561,114 163 156.5 308.5 -70.5 Complete TAKD117 498,894 6,561,158 161 190.6 3.5 -64.0 Complete TAKD118 498,716 6,561,054 163 197.7 310.5 -69.5 Complete TAKD119 498,735 6,560,992 163 210.3 311.0 -70.5 Complete TAKD120 499,021 6,561,049 161 344.3 357.5 -58.5 Complete TAKD121 498,712 6,561,127 162 186.3 308.0 -70.1 Complete TAKD122 498,782 6,561,008 163 248 307.5 -70.0 Complete TAKD123 498,996 6,560,960 162 422.5 352.5 -55.0 Complete TAKD124 498,803 6,561,089 162 239.5 311.0 -69.5 Complete TAKD125 498,777 6,561,158 162 213.5 310.0 -71.0 Complete TAKD126 498,750 6,561,079 162 195.4 309.5 -70.0 Complete TAKD127 498,826 6,561,027 162 239.5 310.5 -70.0 Complete TAKD128 498,836 6,561,168 162 253.6 301.0 -70.5 Complete TAKD129 498,855 6,561,102 162 264.5 312.0 -67.5 Complete TAKD130 498,892 6,561,053 161 305.6 312.0 -70.0 Complete TAKD131 498,951 6,561,040 161 311.8 271.0 -70.0 Complete TAKD132 498,895 6,561,025 162 304.4 269.5 -71.0 Complete TAKD133 498,978 6,561,065 161 350.5 269.0 -69.5 In Progress TAKD134 498,683 6,560,890 164 222.3 309.5 -70.0 Complete TAKD135 498,724 6,560,861 165 248 310.0 -70.0 In Progress Hole ID RL (m) Azimuth2 Dip Comments 1.5 -55.0 Complete 1 Easting and northing coordinates are reported in GDA2020 Zone 55. 2 Azimuth is recorded as a magnetic azimuth reading. APPENDIX B: Summary of significant copper intersections returned during the quarter from the Constellation resource definition drill program Hole ID Type From (m) To (m) Cu (%)2 Au (g/t) Ag (g/t) Cu Type 53.0 Interval1 (m) 1.0 TAKD105 DD 52.0 0.96 0.00 0.1 86.0 114.2 28.2 7.50 0.88 4.4 DD DD DD 146.5 82.4 196.8 155.5 84.4 208.7 6.4 0.4 3.4 DD DD DD 264.85 212.0 225.0 267.5 219.2 226.8 9.0 3.24 1.10 2.0 0.73 0.07 11.9 2.35 0.78 No significant assay result 2.65 4.59 0.56 7.2 0.90 0.55 1.8 3.40 2.06 Oxide Supergene, Primary Primary Primary Primary TAKD105 DD TAKD106 TAKD107 TAKD108 TAKD109 TAKD110 TAKD111 TAKD111 9.5 1.9 11.5 Primary Primary Primary 19 Hole ID Type From (m) To (m) TAKD111 TAKD112 TAKD113 TAKD114 TAKD115 TAKD116 TAKD117 TAKD118 TAKD118 TAKD119 DD DD DD 236.4 98.55 124.0 238.5 99.55 134.0 DD DD DD DD DD DD 150.0 116.0 171.0 145.6 159.55 176.5 158.2 120.4 174.0 154.8 169.1 185.6 Interval1 Cu (%)2 Au (g/t) (m) 2.1 3.91 2.42 1.0 0.92 0.65 10.0 2.03 0.83 No significant assay result 8.2 0.61 1.80 4.4 0.58 0.15 3.0 0.82 0.11 9.2 3.76 0.82 9.55 2.43 1.31 9.1 4.81 1.31 Ag (g/t) Cu Type 22.1 0.5 8.9 Primary Primary Primary 7.1 1.4 1.8 6.3 5.3 15.7 Primary Primary Primary Primary Primary Primary 1 Drill hole true width lengths are between 60% to 85% of reported interval lengths. 2 Assay intervals have been reported at a 0.5% Cu cut-off grade with a maximum internal dilution of 3.0 m. APPENDIX C: Summary of drill hole collar and survey details for holes completed during the quarter as part of the Western Vein Field near-mine exploration program Hole ID Easting1 (m) Northing1 (m) RL (m) Total Depth (m) Azimuth2 Dip Comments KEU017 13.8 5501.7 1650.2 539.8 277.0 -48.0 Complete KEU018 14.0 5502.7 1650.4 495.0 292.5 -50.5 Complete KEU019 14.1 5502.8 1650.2 494.8 309.9 -55.5 Complete KKU722 300.5 5795.0 1560.8 51.2 302.5 -19.5 Abandoned KKU722A 300.5 5794.9 1560.5 219.0 302.4 -19.5 Complete KKU723 300.8 5795.3 1560.1 276.0 313.4 -36.3 Complete KKU724 300.3 5794.0 1560.3 275.9 282.7 -30.3 Complete KKU725 506.5 6003.8 1639.6 422.1 249.5 -38.1 Complete KLU288 -394.9 5377.9 1626.5 261.0 336.1 -46.9 Complete KLU289 -356.8 5352.2 1630.9 293.9 4.9 -49.5 Complete KLU290 -357.7 5351.8 1630.7 130.7 303.7 -30.4 Abandoned KLU290A -358.8 5351.3 1630.6 192.7 303.6 -30.4 Abandoned KLU291 -469.9 5276.3 1529.5 178.8 318.7 -37.3 Abandoned KLU292 -469.2 5276.7 1529.1 362.8 334.6 -56.2 Complete KLU293 -460.9 5283.6 1528.5 370.4 18.9 -57.1 Complete KLU294 -164.3 5412.4 1609.9 449.8 290.2 -58.6 Complete KLU295 -164 5412.2 1610.2 359.9 310.0 -55.4 Complete STU166 666.6 6380.6 1672.3 421.8 230.0 -37.3 Complete STU167 667 6383.1 1672.2 251.5 277.5 -50.4 Complete STU168 667.2 6383.7 1672.3 251.5 325.3 -44.9 Complete 1 Easting and northing coordinates are reported in Klondyke Local grid for Western Vein Field. 2 All down hole surveys are reported in Klondyke local grid for Western Vein Field drill holes. 20 APPENDIX D: Summary of significant gold intercepts returned during the quarter from the Western Vein Field near-mine exploration drill program Hole ID From (m) To (m) Interval (m) Est. true Width (m) Domain Au g/t 1 Ag g/t1 Comment KEU017 453.4 454.0 0.6 0.4 AP 1.5 N/A Apollo target KEU018 280.0 281.0 1.0 0.7 KE 1.3 13 Kenneth KEU018 390.4 391.4 1.0 0.7 AP 1.5 1 Apollo target STU167 120.0 122.5 2.5 1.5 CW 2.9 2 Coro West target 1 Reported significant intervals are based on a minimum width of 0.4m, minimum Au grade 1g/t Au and a maximum of 1m of below cut-off material (<1g/t Au). APPENDIX E: Summary of significant gold intercepts returned during the quarter from the Heather Bore exploration drill program Hole ID From (m) To (m) Interval (m) Au g/t 1 24HBDD001 193.0 194.0 1.0 0.66 24HBDD001 207.0 210.0 3.0 0.65 24HBDD001 231.9 232.38 0.48 0.55 24HBDD001 252.0 252.31 0.31 0.12 24HBDD002 167.0 168.0 1.0 0.89 24HBDD002 212.0 213.0 1.0 0.11 24HBDD002 246.5 247.21 0.71 0.16 24HBDD002 254.0 255.0 1.0 0.44 24HBDD002 265.9 268.0 2.1 0.14 24HBDD002 283.0 284.0 1.0 0.11 24HBDD002 335.0 336.0 1.0 0.13 24HBDD002 357.0 358.0 1.0 0.26 24HBDD002 361