High-Grade Mabilo Copper and Gold Project – Philippines
• RTG Mining holds a 40% interest in Mt. Labo Exploration and Development Corporation (“Mt. Labo”) which owns the high-grade Mabilo Copper and Gold Project in the Philippines, together with a 2% Net Smelter Royalty and a loan of approximately US$27M, to be repaid out of the proceeds of the Stage 1 Direct Shipping Operation (‘DSO’).
• Continuing to Advance Towards Development: Good progress made on start-up critical path items, which should allow a commitment to development early in 2026.