Financial Data and Key Metrics Changes - IAMGOLD reported record revenues of nearly $3 billion for the year, with a gross margin exceeding 40% and operating cash flow of over $1 billion, including $702 million generated in Q4 alone [4][11] - Adjusted EBITDA for the year was approximately $1.6 billion, a significant increase from $780.6 million in 2024 and $338.5 million in 2023 [17] - Adjusted earnings per share for the year totaled $1.23, up from $0.55 the prior year [17] Business Line Data and Key Metrics Changes - Côté Gold produced 399,800 ounces on a 100% basis in its first full year of operation, achieving the top end of guidance estimates [20] - Essakane reported record production of 138,100 ounces on a 100% basis in Q4, with cash costs averaging $1,471 per ounce and all-in sustaining costs of $1,674 per ounce [34][35] - Westwood produced a record 37,900 ounces since mine restart, with cash costs averaging $1,288 per ounce in Q4 [28][30] Market Data and Key Metrics Changes - The average realized gold price for the year was $3,549 per ounce, with gold prices increasing significantly throughout the year [17] - Royalties accounted for approximately $330 per ounce or 24% of cash costs in Q4, reflecting the impact of the new royalty decree in Burkina Faso [10][36] Company Strategy and Development Direction - IAMGOLD aims to capitalize on the current gold market by focusing on operational excellence and cost control while pursuing growth opportunities [5][10] - The company is increasing its budget for exploration at the Nelligan mining complex, which is now among the largest pre-production gold projects in Canada [39][40] - A share buyback program was established, with $50 million repurchased in December and an additional $50 million planned for 2026 [6][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to generate strong cash flow and return capital to shareholders, despite challenges in the gold market [5][19] - The focus for 2026 includes optimizing costs at Côté and ensuring operational stability while preparing for potential expansions [25][26] - Management highlighted the importance of maintaining a disciplined capital allocation strategy to support growth and shareholder returns [15][19] Other Important Information - IAMGOLD's net debt was reduced by $468.8 million to $344.4 million at the end of the year, with total liquidity of approximately $868 million [12] - The company plans to use free cash flow generated by Essakane to fund its share buyback program and other capital investments [16] Q&A Session Summary Question: How should we think about Essakane within your broader portfolio, especially with the license potentially expiring in 2029? - Management noted the potential for expansion and the steady operation of the mine, indicating confidence in its strategic importance [42][43][46] Question: Can you provide more color on mining costs and expectations for Côté Gold? - Management indicated that mining costs for 2026 are expected to be around $370-$380 per ton, with ongoing adjustments and improvements [51][52][54] Question: How should we think about the capital for Côté and Gosselin? - Management clarified that capital expenditures will be staged and funded through free cash flow, with a focus on optimizing the mining and milling processes [61][62][93] Question: What is the expected share buyback amount for 2026? - Management confirmed that there would be sufficient shareholder accounts available to continue the buyback program, potentially achieving a minimum of $390 million in buybacks [63][65] Question: Can you provide an update on reserves and resources for Gosselin? - Management expects to complete a resource update by the end of Q1 or early Q2, aiming for a significant increase in measured and indicated resources [70][72][82]

Core Viewpoint - IAMGOLD Corporation has released its updated Mineral Resources and Mineral Reserves statement as of December 31, 2025, highlighting significant growth in Measured and Indicated Resources and ongoing exploration efforts across its projects, particularly in Canada [1][3]. Mineral Resources - IAMGOLD's Measured and Indicated Mineral Resources increased by 16% to 31 million ounces, with 24.6 million ounces attributable [8][10]. - The increase was primarily due to the conversion of Inferred Mineral Resources at the Gosselin and Nelligan deposits, along with the inclusion of Philibert and Chevrier deposits from the Northern Superior transaction [10][12]. - Global Inferred Mineral Resources decreased by 2% to 12.5 million ounces [10][12]. Mineral Reserves - Proven and Probable Mineral Reserves totaled 9.9 million ounces, a decrease of 7% from the previous year, mainly due to depletion at Côté Gold and Essakane [8][9]. - Côté Gold's Mineral Reserves decreased by 301,000 ounces, while Westwood's reserves increased due to a change in resource model and higher gold price assumptions [9][10]. - The total Proven and Probable Mineral Reserves were estimated at 279.6 million tonnes at an average grade of 1.10 g/t Au [8][21]. Project Highlights - Côté Gold is a focal point for IAMGOLD, with plans for a technical report in Q4 2026 that will outline a mine plan incorporating both Côté and Gosselin pits [3][13]. - At Westwood, exploration activities are aimed at expanding the mine in the eastern parts, while Essakane's Mineral Resource tonnes increased by 50%, indicating potential for mine life extension [3][14]. - The Nelligan Mining Complex is set for a $24 million exploration budget to expand mineralized footprints and test high-priority targets [20][19]. Financial Assumptions - The gold price assumptions for estimating Mineral Reserves were updated to $2,000 per ounce for Westwood and Essakane, and $1,700 per ounce for Côté Gold [5][11]. - For Mineral Resources, the gold price was set at $2,500 per ounce for several projects, reflecting an increase from previous estimates [11][22].

TSX & ASX ORE OTCQX ORZCF STRATEGIC EXPANSION INTO CANADA Acquisition of Casa Berardi Mine Corporate Presentation | January 2026 All dollar amounts are in USD unless otherwise indicated IMPORTANT NOTICES AND DISCLAIMER Investor Presentation This investor presentation is dated January 26, 2026, and has been prepared by Orezone Gold Corporation ("Orezone" or the "Company") based on information available to it at the time of preparing this presentation. This presentation has been prepared in relation to Orezon ...

Core Viewpoint - Xali Gold Corp. has filed a National Instrument 43-101 compliant Technical Report for the Pico Machay Gold Deposit, which is a crucial step in the acquisition process of the project, expected to enhance shareholder value through exploration and development efforts [1][3]. Company Overview - Xali Gold is a gold and silver exploration company focused on advancing opportunities in the Americas, particularly through the acquisition and development of the Pico Machay project in Peru [6]. - The company also holds exploration potential and two royalty agreements at El Oro in Mexico, a historic gold-silver production area [7]. Project Details - The Pico Machay Project is an advanced exploration stage gold project located in the Huancavelica province of Peru, with a near-term production opportunity [5]. - Previous engineering studies conducted between 2005 and 2009 indicated a low-cost open pit heap-leach operation, with significant upside potential due to untested exploration targets [5]. Technical Report - The Technical Report was prepared by David Thomas, P.Geo., and complies with Canadian Institute of Mining, Metallurgy and Petroleum standards, ensuring transparency and reliability in the reporting of mineral resources [4]. - This report updates a previous NI 43-101 report from 2009, reflecting ongoing due diligence and technical review efforts by Xali Gold [3].

Q3 2025 Performance - Total gold production reached 79,645 ounces, and total gold sold was 78,857 ounces[24] - The average realized gold price was $3,417 per ounce[32] - Operating cash flow was $113 million, or $0.34 per share[31] - The company reported a net income of $49.3 million, or $0.15 per share[31] - Adjusted earnings were $73.0 million, or $0.22 per share[31] - All-in sustaining costs (AISC) were $1,641 per ounce[30] Operations - Musselwhite milled 329,634 tonnes of ore with a gold grade of 5.87 g/t, producing 57,586 ounces of gold[24] - Camino Rojo stacked 2,793,951 tonnes of ore with a gold head grade of 0.40 g/t, producing 22,059 ounces of gold[24] South Railroad Project - An updated Feasibility Study is expected in Q4 2025[26] - Construction is expected to begin in mid-2026, with first gold production targeted for 2028[28] Guidance - The company updated its 2025 gold production guidance to 265,000 - 285,000 ounces[69]

Precious Metals Summit, Beaver Creek September 9-12, 2025 TSX, NYSE AMERICAN: NG | NOVAGOLD.COM CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS This presentation includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation, including the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include future-oriented financial information or fina ...

Company Overview - Alkane Resources Limited completed a merger with Mandalay, becoming a growing gold and antimony producer[11, 12] - The combined company has a market capitalization of approximately A$1 billion[21] - The company anticipates a valuation re-rate driven by GDXJ and ASX 300 index inclusion[21] - Alkane had a combined cash and bullion balance of A$218 million as of June 30, 2025, with approximately A$60 million in debt[20, 22] Production and Growth - Diversified production of 161,000 AuEq ounces in FY2025, with further growth expected in FY2026[15] - Tomingley produced 70,100 ounces of gold, Björkdal produced 41,400 ounces of gold, and Costerfield produced 49,400 AuEq ounces in the period from July 2024 to June 2025[25] - The company is targeting approximately 40,000 AuEq ounces produced per quarter[29] Resource and Reserve Highlights - Boda-Kaiser has approximately 14.7 million AuEq ounces in resources[87] - Tomingley Gold Mine has total ore reserves of 674,000 tonnes at a grade of 1.6 g/t Au, containing 34,000 ounces of gold[98] - Tomingley Gold Extension Project has total ore reserves of 11,082,000 tonnes at a grade of 1.9 g/t Au, containing 663,000 ounces of gold[101]