Commercial Production achieved

• H2 Guidance: 85,000 – 100,000 ounces Au;
• Focused on early debt repayment;
• Share price rerate as we move to full production;
• 210,000 oz/year with high margins in Canada;
• High potential exploration targets, Raven & Lynx;
• Production increase with year-round stacking;
• Mine life significantly extended at current gold price.

Strengths

• Commercial production achieved July 1^st
• H2 Guidance: 85,000 – 100,000 ounces Au
• Average annual production of +210,000 oz/year at AISC cost of <US$800/oz LOM:
  • Open pit                  1:1 strip ratio
  • Heap Leach            76% recovery
• Canadian Producer

Opportunities

• Increased production with year-round stacking
• Extended mine life – deep drilling has shown mineralization extends to +650m
• High potential exploration targets
• VGCX is an attractive takeover target