Pc Gold Ltd. · ASX:PC2
Pc Gold — Investor Presentation (October 2026)
25 slides from Pc Gold's investor presentation, October 2026
Slide 1: 1.51Moz Spring Hill Gold Project
ASX: PC2 | FSE: D6A 1.51Moz Spring Hill Gold Project A Growing, Virgin Gold Development in the Northern Territory’s Pine Creek Goldfield Ashley Pattison Executive Chair & CEO Investor Presentation | October 2026
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer Overview General This presentation has been prepared by PC Gold Limited ACN 609 609 047 (PC Gold or the Company) to provide In this presentation references to 'PC Gold', 'PC Gold Group', 'the Group', 'we', 'us' and 'our' are to PC Gold and summary information about P
Slide 3: Important Notices and Disclaimer
Important Notices and Disclaimer Competent Persons Statement – Mineral Resources Competent Persons Statement – Exploration Target The information in this presentation that relates to the estimation and reporting of Mineral Resources is based on The information in this presentation that relates to Ex
Slide 4: Spring Hill is located in the +20Moz Pine Creek Goldfield, NT
Spring Hill is located in the +20Moz Pine Creek Goldfield, NT Location Highlights Low Risk Jurisdiction ▪ 100% owned 1,035ha granted Mining Lease within a 10,600ha EL package ▪ No Native Title; Federal and NT approvals in place for Stage 1 open pit mining ▪ World-class +20Moz Pine Creek Goldfield –
Slide 5: A Unique Value Proposition
A Unique Value Proposition ASX : PC2 Strong Team Spring Hill is a Clear Pathway Focused and Balance Sheet Growing Gold Asset to Development on Growth • Listed only 12 months ago • Located in the +20Moz • Federal and NT approvals • ~125,000m drill program Pine Creek Goldfield, NT in place for Stage 1
Slide 6: Corporate Overview
Corporate Overview ASX : PC2 A$.90 ~387M ~A$345M ~A$96.7M ~A$250M 1.51Moz Share price¹ Shares on issue² Market capitalisation² Pro forma cash³ Enterprise value⁴ Mineral Resource Indicated Resource 1.0Moz EV / Resource oz ~A$165/oz Performance shares 17.1M Listed ASX: PC2 | FSE: D6A ■ Share price per
Slide 7: Experienced and Proven Team
Experienced and Proven Team Board of Directors Ash Pattison Rob Jewson Kevin Puil Rick Clark Matt Scully Executive Chair & CEO Non-Executive Director Non-Executive Director Non-Executive Director¹ Non-Executive Director Management Sean Church Peter Harris Ben Broad Wei Li Briohny McManus Emer McGowa
Slide 8: Fully funded through PFS and DFS to a Final Investment Decision
Fully funded through PFS and DFS to a Final Investment Decision A$75M institutional placement completed with strong domestic and international demand Equity Raised Since IPO (A$M) Fully Funded 26/27 Workstreams A$75.0M 80,000m 25,000m 20,000m Surface resource RC grade control / Phase 1 definition &
Slide 9: Spring Hill Resource has grown 84% to 1.51Moz, with Indicated ounces up 136%
Spring Hill Resource has grown 84% to 1.51Moz, with Indicated ounces up 136% Growth driven by 30,000m+ of drilling, Photon Assay grade uplift and the new Link Zone discovery Spring Hill Mineral Resource (koz Au) Resource definition and infill drilling +579koz (+136%) Indicated up from 424koz to 1.0M
Slide 10: 1.51Moz Resource provides the foundation for a maiden Ore Reserve
1.51Moz Resource provides the foundation for a maiden Ore Reserve 43.5Mt @ 1.1g/t Au for 1.51Moz, including 28.8Mt @ 1.1g/t Au for 1.0Moz classified as Indicated Spring Hill Interim Mineral Resource – 3D View July 2026 Mineral Resource Estimate Category Tonnes (Mt) Grade (g/t Au) Contained (koz Au)
Slide 11: Resource defined over just 1.2km of strike and remains open in all directions
Resource defined over just 1.2km of strike and remains open in all directions Updated long section of the 1.51Moz Interim MRE – within only ~15% of the known mineralised strike Spring Hill Long Section – Interim MRE (July 2026) Key Information Open along strike and at depth Indicated and Inferred en
Slide 12: 1.51Moz defined over just 1.2km of strike – with 2.4km of targets to the north
1.51Moz defined over just 1.2km of strike – with 2.4km of targets to the north New drilling confirms the system is open along strike, to the north and at depth Spring Hill mineralised corridor – strike to scale, south to north within ML boundary Southern Adit 20.35m @ 13.04g/t Au 43.6Mt @ 1.1g/t Au
Slide 13: Robust Resource across all cut-off grades
Robust Resource across all cut-off grades Average Indicated ounces per vertical metre rise sharply on intersecting the Link Zone Interim MRE Sensitivity to Cut-off Grade Indicated Ounces per Vertical Metre (25m Bands) Cut-off (g/t Au) 0.3 0.4 0.5 0.6 0.7 Grade (g/t Au) 0.8 0.9 1.1 1.2 1.4 Contained
Slide 14: Post-MRE drilling continues to return grades above the resource block model
Post-MRE drilling continues to return grades above the resource block model Results to be incorporated into the MRE update targeted for December 2026 Hong Kong Main Zone Macau Link Hong Kong / Link Link Zone (Sep 2026) South & Hong Kong Footwall Cross Section ▪ 29.65m @ 4.32g/t Au from ▪ 10.0m @ 4.5
Slide 15: October diamond results confirm thick, stacked high-grade zones at Spring Hill
October diamond results confirm thick, stacked high-grade zones at Spring Hill Five holes return ~70 gram-metres or more and the Link Zone intercept doubles in width – all feeding the December 2026 MRE Thick, Stacked Zones Link Zone – Additional Results Collar Plan – (Oct 2026) Assays Complete & Coa
Slide 16: Three high-grade domains offer underground upside alongside the bulk open pit
Three high-grade domains offer underground upside alongside the bulk open pit Link Zone, Main Adit and the new Southern Adit target are all being tested in 2026 Link Zone Main Adit Southern Adit (New) 193koz @ 5.4g/t Au ~21koz @ ~30g/t Au 20.35m @ 13.04g/t Au Maiden Resource from just 1.1Mt Historic
Slide 17: Significant growth potential beyond the current Resource footprint
Significant growth potential beyond the current Resource footprint Three key zones defined across a +3km corridor north of the MRE, plus extensions along strike Updated Targeting Domains (Cube) Open Pit Exploration Targets Resource Extension Targets Lasagne Lode ▪ 1–2Moz Exploration Target 183–350ko
Slide 18: Exploration RC drilling continues to extend mineralisation strike
Exploration RC drilling continues to extend mineralisation strike Results to be incorporated into the MRE update targeted for December 2026 Eastern Zone New North Link Macau Extended RC Collars along strike from MRE XRC018 (Eastern Lode) XRC004 (North Link) XRC014 (Macau Extended) • 2m @ 7.08 g/t Au
Slide 19: Approvals in place for open pit mining support a streamlined development path
Approvals in place for open pit mining support a streamlined development path Key Approvals Development Advantages Mining Lease ✓ 1,035ha ML granted, within a 10,600ha EL package. Additional 443Ha of ML applied for Granted ▪ Granted Mining Lease with no Native in October 2026. Title supports a simpl
Slide 20: PFS advancing rapidly - targeting completion in Q4 CY2026
PFS advancing rapidly - targeting completion in Q4 CY2026 PFS to deliver maiden Ore Reserves, open pit and underground mine plans and a standalone CIL plant PFS Workstreams Resource Built for Reserve Conversion Localised Indicator Kriging (LIK) used for the bulk tonnage ✓ Geotechnical studies for th
Slide 21: Site infrastructure and drilling capacity in place to accelerate Spring Hill
Site infrastructure and drilling capacity in place to accelerate Spring Hill Pine Creek Camp Drilling Photon Assay Photon Assay Lab Location ▪ Former Territory Iron camp cheaply ▪ Four rigs operating – three diamond and ▪ Photon Assay technology adopted and acquired at Pine Creek one RC. Drilling fr
Slide 22: Delivering on our commitments with a clear pathway to development
Delivering on our commitments with a clear pathway to development Indicative Development Plan¹ 2025 2026 2027 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 ✓ IPO – A$13.5M raised ✓ A$24M placement ✓ A$75M placement & Board renewal Corporate ✓ 1.51Moz Interim MRE MRE update (Dec-26) – On Track Resource and Exploration
Slide 23: A Unique Value Proposition
A Unique Value Proposition ASX : PC2 Strong Team and Spring Hill is a Clear Pathway Focused Balance Sheet Growing Gold Asset to Development on Growth • Board strengthened with • Resource up 84% to • Federal and NT approvals • ~125,000m drill program proven mine builders Rick 1.51Moz @ 1.1g/t Au sinc
Slide 24: Connect with PC Gold
ASX: PC2 | FSE: D6A Connect with PC Gold Ashley Pattison Executive Chair & CEO +61 8 6313 3996 | [email protected] Paul Berson Investor Relations +61 (0) 421 647 445 | [email protected] U38/460 Stirling Highway, Peppermint Grove WA 6011 pcgold.com.au 24
Slide 25: Appendix: Spring Hill Mineral Resource by Zone
Appendix: Spring Hill Mineral Resource by Zone Spring Hill Mineral Resource Estimate by Zone – July 2026 Interim MRE vs June 2024 MRE July 2026 Interim MRE June 2024 MRE Zone Tonnes Grade (g/t Au) Ounces Au Tonnes Grade (g/t Au) Ounces Au Indicated Hong Kong / Macau 18,852,298 0.9 563,000 10,911,980