Kiena Mine

Kiena is located approximately 10 kilometres west of Val-d’Or, Québec, within the ancestral territories of the Algonquin Anishinabeg Nation. Kiena is a high-grade gold mine with a 930-metre production shaft, and a 2,000 tonne-per-day capacity mill. Operations began at Kiena in 1981 and continued until the mine entered care and maintenance in 2003. Following the discovery of the Kiena Deep A Zone in 2016, a pre-feasibility study was completed in 2021. Mining operations re-started that same year.

Ownership 100%

Status Producing since 20211

Deposit Gold

Location Val-d’Or, Québec, Canada

2025 Production 72,808 ounces Au

Mining Method Underground longhole

2025 Average Mill Throughput 601 tpd

2026 Guidance 75,000 - 90,000 oz Au

2P Reserve 711,000 oz @ 8.7 g/t Au

M&I Resources 186,000 oz @ 5.9 g/t Au2

Inferred Resources 525,000 oz @ 5.5 g/t Au2

Total Workforce 5653

1 Operations restarted in 2021, with 2023 being the first year of commercial production.

2 Resources are stated exclusive of reserves.

3 Total workforce includes both employees and contractors.

Performance
Indicators:

SASB: EM-MM-000.A

GRI: 2-1