Emerald Resources (EMR) Diggers & Dealers Mining Forum 2025 summary

Strategic vision and growth outlook

• Targeting organic growth to become a multi-mine, 300,000+ ounce per annum gold producer without shareholder dilution, leveraging strong cash reserves and a robust gold market.

• Board and management team have over 30 years of experience, delivering five projects on time and on budget, with significant personal investment and alignment with shareholders.

• Focused on dividend yield as new projects come online and cash flow increases.

• Institutional investors hold 50% of shares, with strong representation from the US and Europe.

• Ongoing commitment to environmental and social responsibility, including carbon offset initiatives and habitat protection.

Project development and resource expansion

• Okvau mine in Cambodia has produced 410,000 ounces since 2021 at an all-in sustaining cost of $863/oz, with further underground expansion planned.

• Bullseye Mining acquisition in Australia completed in June last year, adding a 1.3 million ounce resource and over 1,000 sq km of underexplored tenure.

• Memot Project in Cambodia has a 1.34 million ounce resource (June 2025), a 30% increase from Dec 2024, and is nearing final licensing, with development expected to start next year.

• Dingo Range project in Australia is under active development, with a 240-man camp under construction, 1.36 million ounce resource (June 2025), and full development targeted for the first half of next year.

• Total resources have grown from 1 million to 3.6 million ounces across all projects, achieved at a low discovery cost of $18–$20/oz.

Exploration, development, and regional potential

• Extensive exploration potential in Cambodia and Australia, with large tenures and multiple high-grade intersections near existing operations.

• Okvau underground expansion includes high-grade zones, with a new decline planned for the second half of next year to boost production.

• High-grade results at Memot include 6m @ 348.76g/t Au and 9m @ 12.61g/t Au, supporting its development as a second operation.

• Dingo Range Belt in Australia shows significant grade at depth and bulk zones, with systematic exploration expected to add further resources.

• Okvau resource growth supported by multiple high-grade intercepts at depth and along strike.