80 ROYAL GOLD, INC. | INVESTOR PRESENTATION | JANUARY 2025 Mineral Resources and Reserves for Portfolio Assets COAL RESOURCES (M) + (I) Metallurgical Current Stream/ Contained Recovery Property Category Royalty Interest (Mlb) (%) Footnotes Horizon Coal Evaluation 0.50% GV (coal) 143,094 Undisclosed 98 TOTAL COAL RESOURCES 143,094 POTASH RESOURCES (M) + (I) Metallurgical Current Stream/ Tonnes K O Grade Contained KCl Tonnes K O Grade Contained KCl Contained KCl Tonnes K O Grade Contained KCl Recovery Property Category Royalty Interest (kt) (%) (k tons) (kt) (%) (k tons) (k tons) (kt) (%) (k tons) (%) Footnotes Allan Producing $0.36 to $1.44 per ton (potash), $0.25 per ton (potash) 1,156,000 22.10 461,673 2,031,200 22.49 825,653 1,287,326 933,200 22.50 379,340 100% 99 TOTAL POTASH RESOURCES 461,673 825,653 1,287,326 379,340 LITHIUM RESOURCES (M) + (I) Metallurgical Current Stream/ Tonnes Li O Grade Contained Li ₂ O Tonnes Li O Grade Contained Li ₂ O Contained Li ₂ O Tonnes Li O Grade Contained Li ₂ O Recovery Property Category Royalty Interest (kt) (%) (kt) (kt) (%) (kt) (kt) (kt) (%) (kt) (%) Footnotes Yellowknife Lithium Exploration 2.0% NPI — — — — — — — 45,181 1.00 452 Undisclosed 100 TOTAL LITHIUM RESOURCES — — — 452 URANIUM RESOURCES (M) + (I) Metallurgical Current Stream/ Tonnes Grade Contained Tonnes Grade Contained Contained Tonnes Grade Contained Recovery Property Category Royalty Interest (kt) (%) (Mlb) (kt) (%) (Mlb) (Mlb) (kt) (%) (Mlb) (%) Footnotes La Jara Mesa Evaluation $0.25/lb (uranium) — — — 1,411 0.28 7 7 720 0.24 3 Undisclosed 101 Westmoreland Evaluation 1.0% NSR — — — 18,686 0.11 36 36 9,022 0.10 16 Undisclosed 102 TOTAL URANIUM RESOURCES — 43 43 19 Measured Indicated Inferred 40,626 40,626 Measured Indicated Inferred 102,468 102,468 40,626 40,626 Measured Indicated Inferred Measured Indicated Inferred Tonnes (kt) Tonnes (kt) Tonnes (kt) (kt)
January 2025 Investor Presentation Page 79 Page 81