(1) Sarama, via its 100%-owned subsidiary, holds an 80% interest in all the Project’s Exploration Licences, with the exception of E38/2274 for which Sarama holds an effective 60% interest (with Cosmo Gold Limited (“Cosmo Gold”) retaining a 15% interest and an existing joint tenement holder retaining a 25% interest). The tenements in which Sarama holds an 80% interest account for approximately 80% of the total area of the Project. For a period of 2-years following completion of the transaction which results in Sarama acquiring an interest in the Project, Sarama has the right to acquire Cosmo Gold’s remaining 20% interest, which would result in Sarama having an aggregate 100% interest, in all the Project’s Exploration Licences (with the exception of Exploration Licence E38/2274 which would be held 75% by Sarama and 25% by an existing joint tenement holder in the event that Sarama exercises the option to acquire Cosmo Gold’s remaining interest in the Project). The Cosmo Project is comprised of the following contiguous Exploration Licences: E38/2851, E38/3456, E38/2627, E38/2274, E38/3525, E38/3249 and E38/2774 covering approximately 580km². Sarama, via its 100%-owned subsidiary, holds an 80% joint venture interest in the Mt Venn Project, with Cazaly Resources (ASX:CAZ) holding the remaining 20% interest. The project is comprised of the contiguous Exploration Licences E38/3111, E38/3150 and E38/3581 which cover approximately 420km².

(2) Gruyere Project Mineral Resources December 2023: 113.3Mt @ 1.32g/t Au for 4.8Moz Au (Measured & Indicated) and 68.6Mt @ 1.44g/t Au for 3.2Moz (Inferred) (December 2023 Quarterly Report, Gold Road Resources Limited, 29 January 2024). Garden Well Mineral Resources December 2023: 46Mt @ 1.21 g/t Au for 1.8Moz Au (Measured & Indicated) and 14.5Mt @ 1.5g/t Au for 0.7Moz Au (Inferred) (Regis Resources Annual Mineral Resource, Ore Reserve and Exploration Update, 17 June 2024). Technical and scientific information disclosed from adjacent properties does not necessarily apply to the Cosmo Project and is included only to illustrate the gold endowment in the Laverton District, particularly in projects that have had significant exploration undertaken.