Lac Gold (LAC) Q4 2026 TU earnings summary

Executive summary

• Stage 1 drilling at Rouyn Gold Project completed, with Stage 2 drilling underway, yielding exceptional high-grade gold intercepts and expanding the resource potential.

• Acquisition of the historic Golden Patricia Gold Mine completed, consolidating Pickle Lake tenure and adding a second growth platform.

• Shareholders approved a name change to Lac Gold Limited, reflecting a Canadian gold growth strategy.

Financial highlights

• Cash balance at 30 June 2026 was A$13.34 million.

• Quarterly cash outflows included A$2.35 million for exploration and evaluation, A$432k for staff, and A$254k for administration.

• Interest income for the quarter was A$218k.

• No borrowings or credit facilities in place; all funding from equity and cash reserves.

Outlook and guidance

• Focus remains on advancing Rouyn through continued drilling, technical studies, and stakeholder engagement.

• Key priorities for the next quarter include receipt of remaining Stage 1 assays, ongoing Stage 2 drilling, and integration of Golden Patricia data.

• Management expects Rouyn's resource potential to be significantly larger than previously understood.