Red5 Annual Report 2022

13 2022 ANNUAL REPORT King of the Hills Gold Project Mineral Resource as at 30 June 2021 Project Au cut off g/t Mining Method Classification Tonnes (kt) Grade Au (g/t) Contained Au (koz) King of the Hills and Regional Resources Variable All Measured 0 0.0 0 Indicated 75,210 1.3 3,252 Inferred 22,510 1.6 1,127 King of the Hills and Regional Resources - sub total 97,720 1.4 4,379 Stockpiles 0.0 OP Indicated 2,810 0.5 40 Broken Stocks Variable UG Measured 0 0.0 0 ROM Variable UG Measured 111 0.9 3 Stockpiles - sub total 2,921 0.5 43 Total King of the Hills Gold Project (as at 30 June 2021) Variable All Measured 111 0.9 3 Indicated 77,820 1.3 3,312 Inferred 22,810 1.6 1,157 Grand total 100,741 1.4 4,471 King of the Hills Gold Project Mineral Resource - difference King of the Hills Gold Project Variable All Measured 2,344 0.0 69 Indicated 5,519 0.0 257 Inferred -130 0.0 0 Grand total - difference 7,733 0.0 326 Production for FY22 1,178 0.6 21 King of the Hills Gold Project Ore Reserve 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 Proved 1,327 1.0 42 Probable 59,036 1.2 2,280 Sub Total 60,363 1.2 2,322 1.3 UG Proved 0 0.0 0 Probable 2,835 2.0 177 Sub Total 2,835 2.0 177 King of the Hills – sub-total 63,198 1.2 2,499 Rainbow 0.3 OP Proved 0 0.0 0 Probable 2,054 0.8 56 Sub Total 2,054 0.8 56 Centauri 0.3 OP Proved 0 0.0 0 Probable 326 1.2 13 Sub Total 326 1.2 13 Cerebus-Eclipse 0.3 OP Proved 0 0.0 0 Probable 1,490 1.0 47 Sub Total 1,490 1.0 47 Regional Resources - sub total 3,869 1.0 116 Stockpiles 0.0 OP Probable 2,064 0.4 28 Broken Stocks Variable UG Proved 5 1.2 0 ROM Variable All Proved 1,007 0.6 20 Stockpiles – sub-total 3,076 0.5 48 King of the Hills Gold Project (as at 30 June 2022) Variable All Proved 2,384 0.8 62 Probable 67,804 1.2 2,600 Grand total 70,188 1.2 2,663 MINERAL RESOURCES AND ORE RESERVES Statement (cont.)

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