Galantas Gold (GAL) investor relations material

Near-term production and project portfolio

• Advancing to multi-asset production with acquisitions of Indiana and Andacollo projects in Chile, targeting near-term gold output and large-scale exploration potential.

• Indiana Project aims for production start in H2 2026, with mine design and contractor mobilization by end of H1 2026.

• Andacollo Gold Project features a large historic resource (2 Moz Au M&I, 5 Moz Au inferred) and a proven production record of 1.12 Moz Au from 1998–2018.

• JV on Omagh Gold Mine in Northern Ireland provides additional production and development upside.

Indiana Project highlights

• Resource base of 4.93 Mt at 2.24 g/t Au and 1.31% Cu, containing 356 koz gold and 64.7 kt copper as per 2025 NI 43-101 report.

• Significant exploration upside with only 7 of 29 identified veins drilled and halo mineralization excluded from current resource.

• Located in Chile's Atacama region, with excellent infrastructure and proximity to Copiapó.

• District-scale potential with 29 Au-Cu veins identified and 1.5 km of underground development completed.

• High-grade mineralization with historical recoveries of 90% for both gold and copper sulphides.

Indiana Project development and economics

• $10 million required to achieve production targets, with a strategy to generate near-term cash flow and reinvest in expansion.

• Option payments for project acquisition total US$15 million over five years, with an initial payment already made.

• Plan to acquire a local mill to complement direct shipping to Enami.