De Grey Mining (DEG) Investor Presentation summary

Corporate overview

• 2,397 million shares on issue, market capitalization of $3.34 billion as of October 2024, and $828 million in cash as of September 2024.

• Major shareholders include Gold Road Resources (15%), directors/management (7.4%), and institutions (13.8%).

• Included in the S&P/ASX 200 Index since March 2022.

Board and management

• Board comprises experienced professionals in mining, engineering, geology, and governance.

• Management team covers exploration, project development, finance, operations, sustainability, and risk.

• Project committee includes leaders with global experience in constructing and commissioning major gold projects.

Project and resource highlights

• Hemi Gold Project is a +10Moz gold discovery, 85km from Port Hedland, with a 150km tenement package.

• Mineral Resource Estimate (MRE) has grown rapidly, with an update scheduled before end of 2024.

• Hemi is positioned to become a top five Australian gold mine, with studies indicating strong production potential.