COMPLETION OF WARRAGA DECLINE

5 May 2020

The Warraga Decline Project at Cowal Gold Operation was successfully completed in January, following 10 months of works.

The Warraga Decline Project at Cowal Gold Operation was successfully
completed in January, following 10 months of works.

The project saw a total of 2,644 metres of development mined,
predominantly at a 6m x 6m decline, with 204,067 tonnes of development ore and
waste removed from underground.

Cowal Project Manager, Mick Neill expressed his gratitude to the teams
involved, “It was a great job and we can take satisfaction
in delivering a high quality service to our client.”

The project was completed safely, under budget and well within the
project time frame, facilitated by the outstanding dedication and teamwork of
all involved.

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