December 2025 Quarter Production Update

Summary by AI ^BETAClose X

Greatland Resources Limited reported a December 2025 quarter production of 86,273 oz Au and 3,528 t Cu, an increase from the previous quarter. The company ended the period with $948 million in cash, a significant build of $198 million, despite a $46 million stamp duty payment for the Telfer-Havieron acquisition. Greatland has no debt and maintains exposure to gold price upside with some downside protection from put options. The full quarterly activities report is scheduled for release on January 28, 2026.

Disclaimer*

Greatland Resources Limited

07 January 2026

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E: info@greatland.com.au

W: https://greatland.com.au

twitter - ICAT : x.com/greatlandgold

NEWS RELEASE | 7 January 2026

December 2025 Quarter Production Update

Quarterly production of 86,273 oz Au

Closing cash of $948 million, with no debt and unhedged

Greatland Resources Limited (ASX:GGP, AIM:GGP) (Greatland) is pleased to provide the following preliminary production update for the December 2025 quarter.

· Production of 86,273 oz Au and 3,528 t Cu (September Quarter: 80,890 oz Au and 3,366 t Cu; FY2026 H1: 167,163 oz Au and 6,894 t Cu);

· All-In-Sustaining-Cost (AISC) is still to be finalised and will be reported in the December 2025 Quarterly Activities Report;

· Sales of 72,212 oz Au and 3,301 t Cu; and

· Cash at 31 December 2025 of $948 million (30 September 2025: $750 million) and nil debt which represents a cash build of $198 million for the quarter, after capital expenditure and the once-off payment of $46 million in stamp duty in respect of the Telfer-Havieron acquisition (i.e. $244 million cash build if the stamp duty payment were excluded).

· Greatland maintains full upside exposure to the gold price, with some downside price protection provided from gold put options.

Greatland will release its full December 2025 Quarterly Activities Report on Wednesday, 28 January 2026.

Greatland will host a webcast for shareholders, research analysts, media and other interested stakeholders on Wednesday, 28 January 2026 at 7:30 am AWST / 10:30 am AEDT (GMT 11.30 pm on Tuesday, 27 January 2026) followed by a Q&A session.

To listen in live, please click on this link and register your details:

https://webcast.openbriefing.com/ggp-qtr2-2026/

Contact

For further information, please contact:

Greatland Resources Limited

Shaun Day, Managing Director | Rowan Krasnoff, Chief Development Officer

info@greatland.com.au

Nominated Advisor

SPARK Advisory Partners

Andrew Emmott / James Keeshan / Neil Baldwin | +44 203 368 3550

Corporate Brokers

Canaccord Genuity | James Asensio / George Grainger | +44 207 523 8000

RBC Capital Markets | James Agnew / Jamil Miah / Scott Redwood | +44 207 029 0528

Media Relations

Australia - Fivemark Partners | Michael Vaughan | +61 422 602 720

About Greatland

Greatland is a gold and copper mining company listed on the Australian Securities Exchange and London Stock Exchange's AIM Market (ASX:GGP and AIM:GGP) and operates its business from Western Australia.

The Greatland portfolio includes the 100% owned Telfer mine, the adjacent 100% owned brownfield world-class Havieron gold-copper development project, and a significant exploration portfolio within the surrounding region. The combination of Telfer and Havieron provides for a substantial and long life gold-copper operation in the Paterson Province in the East Pilbara region of Western Australia.

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