G2 Goldfields (GTWO) investor relations material

Project highlights and resource overview

• Oko Project hosts 1.6 Moz indicated and 1.9 Moz inferred gold at high grades, with a 14-year mine life and average annual production of 282 koz at an AISC of $1,175/oz from years 2–11.

• Five gold discoveries to date, including a high-grade underground core at Oko Main Zone with 0.7 Moz at 13.6 g/t Au (indicated).

• Resource remains open at depth and along strike, with a 100,000m drill program underway to expand resources.

• Feasibility study targeted for mid-2027 and mining license expected in Q3 2027.

• G3 spin-out of non-core assets planned for Q1 2026 to unlock additional shareholder value.

Financial metrics and economics

• After-tax NPV5% of $2.5B and payback period of 2.7 years at $3,000/oz gold price.

• Average after-tax free cash flow of $395M/year at $3,000/oz and $796M/year at $5,000/oz.

• Initial capital of $499M and total capital of $1.16B, with industry-leading capital efficiency (NPV/Initial Capex among top 3 globally).

• Oko’s AISC ranks in the first quartile globally, supporting robust margins.

• Current market cap is ~C$1.67B, with analyst target price above $9.70.

Growth strategy and exploration

• Oko-Aremu trend spans over 35km, with multiple historic mines and new discoveries.

• Ongoing drilling and exploration along the trend, including high-priority targets at Peters, Aremu, and Wariri historic mines.

• G3 spin-out to distribute ~87,000 acres with three historic mines to shareholders.

• Significant leverage to gold price and further resource expansion potential.