Dome Gold Mines (DME) Q2 2025 TU earnings summary

Executive summary

• Progressed Sigatoka Feasibility Study and EIA, with river/marine survey and geotech drilling scheduled for early 2025.

• Renewed exploration licenses for Nadroga (SPL1452) and Ono Island (SPL1451) for three years.

• Selected as operator for Fiji Government's emergency desilting project at Sigatoka River, pending final approvals.

• Exploration identified anomalous copper and gold in float samples at Wainivau Prospect, with follow-up planned for Q1 2025.

Financial highlights

• Spent $167K on exploration and related activities during the quarter, with $115K on Sigatoka DFS.

• No expenditure on mining production or development activities in the quarter.

• Payments to related parties totaled $114K, mainly directors' fees and superannuation.

• Ended the quarter with $1.208M in cash.

Capital allocation and financing

• Net cash used in operating activities was $(876)K for the quarter.

• Net cash used in investing activities was $(175)K for the quarter.

• Raised $2.45M from equity securities; repaid $350K in borrowings.

• Total loan facilities of $5.6M, with $708K drawn and $4.89M undrawn at quarter end.

• Estimated available funding covers approximately 6 quarters of operations.