Lappland Guldprospektering (LGOLD) investor relations material

Key developments and milestones

• Transitioned from exploration to mining concession and trial mining application within 17 months.

• Record gold grade of 133 g/t and a total resource of 4.6 tons confirmed at Stortjärnhobben.

• Directed share issue raised 30 MSEK to fund activities.

• LOI signed with Dragon Mining for ore processing at Svartliden, 50 km from main site.

• Trial mining of 10,000 tons planned for autumn 2026, pending permit.

Project portfolio and exploration highlights

• Stortjärnhobben: Mining concession granted, resource confirmed, and trial mining application submitted.

• Löparen: 70 drill holes completed, analysis results expected before summer 2026.

• Gilleberget: Core drilling in spring 2026, visible gold at 217.8m, analysis results due mid-summer.

• Additional permits for gold and base metals at Graninge, Jägarliden, Sorsele, and Ytterberget.

Resource estimates and sensitivity analysis

• Stortjärnhobben resource: 2.65 Mt at 1.73 g/t gold, totaling 147,510 ounces (4.6 tons) at 0.8 g/t cut-off.

• Sensitivity analysis shows resource varies from 6.2 tons at 0.3 g/t to 0.4 tons at 5.0 g/t cut-off.

• Best drill section: 8m at 21.72 g/t, broadest: 30m at 6.56 g/t.