Q1 2026 San Albino Operational Highlights

50,233 tonnes mined, containing 12,538 ounces ("oz") of gold ("Au") at an average grade of 7.76 grams per tonne ("g/t") Au and 12,460 oz of silver ("Ag") at 7.71 g/t Ag

31,033 tonnes mined from diluted vein material containing 10,613 oz Au at 10.64 g/t Au and 10,476 oz Ag at 10.50 g/t Ag

19,200 tonnes mined from historical dump and other mineralized material above cutoff grade ("historical dump + other") containing 1,925 oz Au at 3.12 g/t Au and 1,984 oz Ag at 3.21 g/t Ag

43.9:1 strip ratio

53,638 tonnes milled containing 13,277 oz Au and 13,274 oz Ag grading 7.70 g/t Au and 7.70 g/t Ag

55% and 45% from diluted vein and historical dump and other, respectively

614tonnes per day ("tpd") milled at 97% availability

Mill recovery of 80.1% for gold

At quarter end, the stockpile was estimated at 124,350 tonnes at an average grade of 2.65 g/t Au for contained Au of 10,558 oz

Q1 2026 Mako Financial Highlights

Mako total gold sales of 13,721 oz Au for total revenue of $68.6 million in Q1 2026

San Albino Mine sales of 10,398 oz Au at $4,901(2) per ounce

Moss Mine sales of 3,323 oz Au at $4,912 per ounce

Delivered 274 oz Au in connection with gold stream related to the purchase of the Mt. Hamilton Project

Cash balance and trade receivables of $96.1 million as of March 31st, 2026, after a previously accrued 2025 $13.2 million annual tax payable was paid