Red5 Annual Report 2022

12 2022 ANNUAL REPORT King of the Hills JORC 2012 Resources and Reserves as at 30 June 2022 King of the Hills Gold Project Mineral Resource as at 30 June 2022 Project Au cut off g/t Mining Method Classification Tonnes (kt) Grade Au (g/t) Contained Au (koz) King of the Hills 0.4 OP Measured 1,330 1.2 50 Indicated 66,870 1.3 2,800 Inferred 12,990 1.3 540 Sub Total 81,190 1.3 3,390 1.0 UG Indicated 6,010 2.4 450 Inferred 8,080 2.1 550 Sub Total 14,090 2.2 1,000 Variable All Measured 1,330 1.2 50 Indicated 72,880 1.4 3,250 Inferred 21,070 1.6 1,090 King of the Hills - sub total 95,280 1.4 4,390 Rainbow 0.6 OP Indicated 1,380 1.3 58 Inferred 200 1.4 9 Sub Total 1,580 1.3 67 Severn 0.4 OP Indicated 480 1.7 27 Inferred 440 1.5 21 Sub Total 920 1.6 48 Centauri 0.5 OP Indicated 1,390 1.5 68 Inferred 320 1.3 13 Sub Total 1,710 1.5 81 Cerebus-Eclipse 0.5 OP Indicated 2,160 1.3 89 Inferred 650 1.1 23 Sub Total 2,810 1.3 112 Regional Resources Variable OP Indicated 5,410 1.4 242 Inferred 1,610 1.3 67 Regional Resources - sub total 7,020 1.4 308 King of the Hills and Regional Resources Variable OP Measured 1,330 1.2 50 Indicated 72,280 1.3 3,042 Inferred 14,600 1.3 607 Sub Total 88,210 1.3 3,698 1.0 UG Indicated 6,010 2.4 450 Inferred 8,080 2.1 550 Sub Total 14,090 2.2 1,000 King of the Hills and Regional Resources - sub total 102,300 1.4 4,698 Stockpiles 0.0 OP Indicated 2,064 0.4 28 Broken Stocks Variable UG Measured 5 1.2 0.2 ROM Variable UG Measured 1,120 0.6 22 Stockpiles - sub total 3,189 0.5 50 Total King of the Hills Gold Project (as at 30 June 2022) Variable All Measured 2,455 0.9 73 Indicated 80,354 1.4 3,519 Inferred 22,680 1.6 1,157 Grand total 105,489 1.4 4,748 MINERAL RESOURCES AND ORE RESERVES Statement (cont.)

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