• Solid Q1 2025 production of 75,497oz gold at AISC of $1,708/oz
• Syama and Mako mines on track to meet FY2025 production guidance of 275-300koz at AISC of $1,650-1,750/oz
• Syama Sulphide Conversion Project remains on track and on budget

Resolute Mining Ltd has reported a solid Q1 2025 performance, producing 75,497oz of gold at an AISC of $1,708/oz. The company's Syama and Mako mines remain on track to meet FY2025 production guidance of 275-300koz at an AISC of $1,650-1,750/oz. At Syama, the Sulphide operation produced 36.1koz, while the Oxide operation produced 12.1koz. The Syama Sulphide Conversion Project continues to progress as planned, with all engineering completed, procurement packages awarded, and civil works near completion. At Mako, gold production of 27.3koz was in line with expectations, and the mine remains on track for full-year guidance of 80-90koz. Resolute's exploration efforts in Senegal, including at the Bantaco prospect, are progressing well, with an initial Mineral Resource Estimate for Bantaco West planned for Q3 2025. In Mali and Côte d'Ivoire, the company is focused on expanding oxide resources to provide flexibility in the mine plan. Resolute ended the quarter with a healthy net cash position of $100.3 million and available liquidity of $186 million, positioning the company well to invest in organic growth projects and potential M&A opportunities.

Resolute's production guidance for FY2025 is 275,000-300,000 oz at an All-in Sustaining Cost (AISC) of $1,650-1,750/oz.

Resolute remains committed to generating cash and reviewing opportunities to create shareholder value. The company is focused on progressing the Syama Sulphide Conversion Project, expanding oxide resources in Mali and Côte d'Ivoire, and advancing exploration at Bantaco in Senegal to support future growth.