130 ROYAL GOLD 2023 Asset Handbook For more information, please visit: www.westgold.com.au . Wembley Durack Wembley Durack is a development project, part of the larger Fortnum Gold Operation, owned by Aragon Resources Pty Ltd., a subsidiary of Westgold Resources Limited (“Westgold”). Wembley Durack is located in the northern region of the Central Murchison District, in Western Australia, approximately 110 kilometers north of Meekatharra. Development Update In the Peak Hill Region, Westgold is focused on updating its geological and geophysical models, field geological mapping and target investigation. Royal Gold’s Wembley Durack royalty interest covers a small portion of Peak Hill. 1 Royal Gold’s Royalty Interest Royal Gold holds a 1.0% net smelter return (NSR) royalty on all metals produced from Wembley Durack. Royal Gold acquired this royalty interest effective October 1, 2008, as part of the acquisition of a royalty portfolio from Barrick Gold Corporation. Acquisition Cost US$M $0.0 2 Net Book Value US$M $0.0 MINER AL RESOURCES AND RESERVES As of May 29, 2008 CONTAINED Au (koz) AGEOs* (koz) Proven and Probable – – Measured and Indicated 28 1 Inferred 15 – * AGEOs do not consider adjustments that may impact the economic viability of the AGEO interest. See page 9 for a description of AGEO calculation methodology. 1 Source: Westgold, September 2023 Quarterly Report 2 Acquired as part of a portfolio of royalties. An acquisition cost of nil was assigned to the Wembley Durack royalty. OPER ATOR Westgold Resources Limited MINER ALIZATION ST YLE Orogenic Au ROYALT Y 1.0% NSR Royalty (all metals) YEAR OF ACQUISITION 2008 TERM OF ROYALT Y Life of Mine EXPECTED STARTUP DATE Detail not publicly disclosed by operator. EXPECTED MINE LIFE Detail not publicly disclosed by operator. AUSTRALIA PROJECT OUTLOOK Detail not publicly disclosed by operator. Northern Territory South Australia WEMBLEY DURACK Western Australia ROYALT Y
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