Eagle River Mine

Eagle River is located 50 kilometres west of Wawa, Ontario, within the ancestral territories of multiple Indigenous groups. Situated within the Mishibishu Greenstone Belt, the operation includes an approximately 400 km² prospective land package, along with mill and camp facilities supporting a high-grade underground gold mine. Commissioned in 1995, Eagle River’s mill is permitted up to a capacity of 1,200 tonnes per day. Through underground mining and its previously operating open pit, Eagle River has produced more than 2 million ounces of gold over the past 30 years. We continue to actively explore the property to expand mineral resources, make new discoveries and support the long-term future of the operation.

Ownership 100%

Status Producing since 1995

Deposit Gold

Location Northern Ontario, Canada

2025 Production 112,768 ounces Au

Mining Method Underground longhole

2025 Average Mill Throughput 705 tpd

2026 Guidance 105,000 - 115,00 oz Au

2P Reserve 676,000oz @ 7.3g/t Au

M&I Resources 179,000oz @ 6.5g/t Au1

Inferred Resources 674,000oz @ 1.7g/t Au1

Total Workforce 6052

1 2025 mineral resources stated exclusive of reserves.

2 Total workforce includes both employees and contractors.

Angus Gold Acquisition

On June 27th 2025, we completed the acquisition of Angus Gold, an exploration company located adjacent to Eagle River. The acquisition quadrupled Eagle River’s land package and consolidates two contiguous properties, boosting Eagle River’s potential exploration. The acquisition reinforces our long-term commitment to operating in northern Ontario, where our existing relationships with Indigenous rights holders and other stakeholders can be leveraged to accelerate exploration and development.

Angus Gold Acquisition

Performance
Indicators:

SASB: EM-MM-000.A

GRI: 2-1