6 2022 ANNUAL REPORT WESTERN AUSTRALIAN GOLD OPERATIONS Darlot production summary A total of 64,667 ounces of gold was recovered for the 12 months to 30 June 2022, with ore sourced from the Darlot underground mine and the Great Western open pit. During the June Quarter, 9,473 ounces of gold produced from Darlot’s Great Western satellite mine included 7,341 ounces processed at the KOTH process plant in May and June. Processing – Darlot A total of 974,269 tonnes of ore was milled at an average grade of 2.0g/t during FY-22. Table 1: Darlot mill processing statistics Units June 2022 Quarter March 2022 Quarter December 2021 Quarter September 2021 Quarter FY-22 Total Ore milled t 197,688 246,307 281,161 249,133 974,269 Average head grade g/t 1.88 1.83 1.98 2.20 2.00 Recovery % 94.4 90.9 92.2 92.9 92.4 Gold recovered oz 11,245 13,185 16,519 16,377 57,326 Gold sales oz 12,225 14,644 15,839 15,908 58,616 Mining activities – Darlot Mining during the year predominantly focused on the Middle Walters South (MWS), Burswood, Oval 1300, Pedersen Lower, Thomson, Federation 1190, Lillie 1065 and the Lords South 685 and 750 areas. Capital development was undertaken in the Middle Walters South incline/decline, Burswood incline, Lillee and Pedersen Lower sectors. Production during the reporting period originated from the Grace, Border, Lillee, Bradman, Thomson, Lords, Walters and Federation areas. Mining activities – Great Western Mining of the Great Western open pit continued throughout the reporting period. At the end of FY-22, the Great Western open pit had progressed to within two benches of its final design depth and was completed in July 2022. The mine was then placed into care and maintenance while the underground potential is assessed. MANAGING DIRECTOR’S Report (cont.)
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