• Operating heap leach mine producing gold and copper concentrate
• 102,000 oz gold JORC Resource with exploration upside
• Experienced team with heap leach expertise to drive production

Pacgold has announced the acquisition of the White Dam Gold Project, an operating heap leach mine located 50 km west of Broken Hill in South Australia. The project has produced approximately 180,000 oz of gold since 2010 and currently has a JORC 2012 Resource of 102,000 oz (4.6 Mt @ 0.7 g/t Au). The project includes an existing gold-copper processing plant, camp facilities, and an experienced operational team. Pacgold plans a four-phase approach to increase production and cash flow. Phase 1 will focus on re-crushing and leaching the final lift of the existing heap leach pad, which is expected to provide immediate, low-cost gold production. Phase 2 will target the existing JORC Resources at Hannaford, Vertigo, and White Dam North, with plans to upgrade and expand the resources. Phase 3 will test near-mine exploration targets, while Phase 4 will explore regional opportunities and potential hub-and-spoke operations. Pacgold's experienced management team, with expertise in heap leach operations, is well-positioned to execute this phased approach and deliver value from the White Dam acquisition.

Pacgold expects to restart gold production from the White Dam Project in Q4 2025, with an initial target of over 100,000 oz of gold resources.

Pacgold is focused on a systematic, low-risk approach to increasing production and cash flow from the White Dam Project, with significant exploration upside and potential for regional hub-and-spoke opportunities.