Gold Road is Pioneering Development of Australia's Newest Goldfield.

Gold Road is a mid-tier Australian gold producer with a Tier 1 mine and exploration projects in the underexplored and highly prospective Yamarna Greenstone Belt in Western Australia’s north-eastern Goldfields.

Gold Road owns 50% of the world-class Gruyere gold mine, which was developed in Joint Venture with Gold Fields Ltd and produced first gold in June 2019. Gruyere is forecast to lift production to a sustainable 350,000 ounces (100% basis) annually per annum by 2023 whilst maintaining a mine life of at least 10 years, making it one of Australia’s largest and lowest-cost gold mining operations. The Gruyere JV has Open Pit Mineral Resources of 7.38 million ounces, including an Ore Reserve of 4.45 million ounces (100% basis). Gold Road’s 50% attributable Maiden Underground Inferred Mineral Resource totals 0.51 million ounces of gold from beneath the December 2021 Gruyere Open Pit Resource.

Gold Road discovered the world-class Gruyere deposit in 2013 as part of its pioneering exploration across Yamarna and entered into the Gruyere Gold Project Joint Venture with Gold Fields in 2016. The Gruyere JV includes 144 km² of the Yamarna Belt.

In addition to the Gruyere JV, Gold Road controls 100% of tenements covering ~4,000 km² across Yamarna with a Mineral Resource of 0.51 million ounces. Gold Road is executing an industry leading exploration strategy to discover the next multi-million-ounce gold deposits at Yamarna.

Gold Road also continues to assess and pursue other shareholder wealth-creating opportunities and Project Generation more widely.

IN PRODUCTION

Gruyere JV

Gold Road owns 50% of the world-class Gruyere gold mine, which was developed in Joint Venture with Gold Fields Ltd and produced first gold in June 2019.

Gruyere is forecast to produce on average 350,000 ounces (100% basis) annually for at least 10 years, making it one of Australia’s largest and lowest-cost gold mining operations. The Gruyere JV has Mineral Resources of 7.38 million ounces, including an Ore Reserve of 4.54 million ounces.

DEFINING RESOURCES

Gruyere Underground

Gold Road estimates a 50% attributable Inferred Underground Mineral Resource of 0.51 Moz below the current Gruyere Open Pit Mineral Resource, where the Gruyere Mineral Resource model continues at potentially economically mineable grades and widths.

Gilmour

In December 2019, Gold Road declared a Maiden Mineral Resource at Gilmour, since then in January 2022 the Gilmour Open Pit and Underground Mineral Resource was upgraded to 2.87 Mt at 3.28 g/t Au for 303,000 oz

KEY EXPLORATION

Yamarna Gold Discovery

Central Project Area – Gruyere JV, Golden Highway, YAM14
Southern Project Area – Gilmour, Hirono, Smokebush, Savoie, Kingston, Earl, Abydos, Bloodwood, Waffler, Warbler, Yaffler Nth
Northern Project Area – Renegade, Ibanez, Bloodwood

DEFINING RESOURCES

Smokebush

In January 2022, Gold Road declared a Maiden Mineral Resource at Smokebush totaling 1.09 Mt at 2.61 g/t Au for 91,700 oz

Warbler

In January 2022, Gold Road declared a Maiden Mineral Resource at Warbler totaling 0.62 Mt at 2.14 g/t Au for 42,700 oz.

Renegade

In December 2019, Gold Road declared a Maiden Mineral Resource at Renegade, since then in January 2022 the Renegade Mineral Resource was upgraded to 1.86 Mt at 1.13 g/t Au for 67,600 oz.

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