Red5 Annual Report 2022

16 2022 ANNUAL REPORT Darlot Gold Project JORC 2012 Resources and Reserves as at 30 June 2022 (cont.) Darlot 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) Darlot and Great Western 0.5 - 2.0 UG & OP Measured 159 2.1 11 Indicated 7,771 3.8 947 Inferred 5,962 2.7 513 Darlot and Great Western – sub-total 13,892 3.3 1,471 Broken Stocks Variable UG Measured 9 2.5 0.7 ROM Variable UG Measured 61 1.0 2.0 Stockpiles – sub-total 70 1.2 2.7 Darlot Gold Project (as at 30 June 2021) 0.5 - 2.0 All Measured 159 2.1 11 Indicated 7,771 3.8 947 Inferred 5,962 2.7 513 Grand total 13,962 3.3 1,474 Darlot Gold Project Mineral Resources - difference Darlot Gold Project 0.5 - 2.0 All Measured 215 -1.3 -1 Indicated 329 0.2 85 Inferred 2,631 -0.1 285 Grand total - difference 3,105 0.1 366 Production for FY22 1,490 1.6 78 Darlot 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) Darlot 1.7 - 2.4 UG Proved 0 0.0 0 Probable 1,256 2.6 106 Darlot – sub-total 1,256 2.6 106 Broken Stocks Variable UG Proved 16 2.3 1 ROM Variable UG Proved 33 1.6 2 Stockpiles – sub-total 49 1.8 3 Darlot Gold Project (as at 30 June 2022) Variable All Proved 49 1.8 3 Probable 1,256 2.6 106 Grand total 1,305 2.6 109 Darlot Gold Project Ore Reserve as at 30 June 2021 Darlot and Great Western Variable UG & OP Proved 104 3.0 10 Probable 2,309 2.6 191 Darlot and Great Western – sub-total 2,414 2.6 201 Broken stocks Variable UG Proved 9 2.5 1 ROM Variable UG & OP Proved 41 1.3 2 Stockpiles – sub-total 50 1.5 2 Darlot Gold Project (as at 30 June 2021) Variable All Proved 154 2.5 12 Probable 2,309 2.6 191 Grand total 2,464 2.6 203 Darlot Gold Project Ore Reserve - difference Darlot Gold Project Variable All Proved -105 -0.7 -9 Probable -1,053 0.0 -85 Grand total - difference -1,159 0.0 -94 Production for FY22 1,490 1.6 78 MINERAL RESOURCES AND ORE RESERVES Statement (cont.)

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