SCP-RF

Santa Helena’s Preliminary License submitted following the Cabaçal playbook; Cabaçal PL gazetted

Site visit: Operational review and organic growth drilling underway

Updated MRE lifts Afema to 4.1Moz – West Africa’s next 4-5Moz, >200kozpa tier I project

SQ25: US$45m cash build despite lower production, growth projects approaching build

Cabaçal derisked with Preliminary License granted; next steps DFS, Installation License, and FID

Copper-gold prospectivity expands with Rio Novo land grab; 75km2 in the Carajás district

3Q25: Guidance narrowed as Mako outperforms but Syama supply chain issues lower guidance

SQ25: Production and AISC beat guidance run rates, recoveries strong, A$175m cash flow

Additional ~240ha of land secured and new exploration program launched at WA’s next mine

Three-for-three, 0.5m at 34.8% CuEq up dip at R2 discovery; deep holes pending

Board approves Oko West FID; construction progressing on schedule ahead of 2H27 first gold

Initiation: Stars & Silver: Paul Huet’s American Dream