SAVANNAH DEVELOPMENT UPDATE

KEY POINTS

• Mining contractor, Barminco, has safely completed the development drive intersecting the Savannah North ventilation raise.
• This lateral development work was completed safely, in-line with budget and ahead of schedule.
• Raise bore contractor, RUC Mining, has mobilised to site and is in the process of setting up.
• Back-reaming of the ventilation raise is expected to commence mid-October and scheduled for completion late in the March 2021 quarter.
• Barminco is now focussed on development to open up additional working levels in Savannah North