COPPER RESOURCES (EXCLUSIVE OF RESERVES) Measured Indicated (M) + (I) Inferred Metallurgical Tonnes Grade Contained Tonnes Grade Contained Contained Tonnes Grade Contained Recovery Property Category (kt) (%) (Mlb) (kt) (%) (Mlb) (Mlb) (kt) (%) (Mlb) (%) Kansanshi (3) Principal (8,000) (2.54) 448 243,800 0.67 3,595 4,043 49,300 0.41 446 Undisclosed Mount Milligan (4) Principal 180,527 0.17 686 64,132 0.01 8 694 27,901 0.08 50 Undisclosed Antamina (125) Producing 99,000 0.65 1,415 240,000 0.83 4,414 5,829 1,250,000 0.97 26,711 Undisclosed Caserones (132) Producing 46,898 0.34 352 451,962 0.25 2,483 2,835 74,766 0.20 330 Undisclosed Chapada (133) Producing 115,989 0.25 639 581,030 0.24 3,103 3,742 75,012 0.32 524 Undisclosed Cosalá (128) Producing 1,680 0.02 1 5,761 0.16 20 21 3,072 0.21 14 Undisclosed Galena (129) Producing 1,016 0.21 5 4,553 0.14 14 18 6,843 0.25 37 Undisclosed Johnson Camp (134) Producing 28,570 0.36 227 63,249 0.34 468 694 22,651 0.32 162 48 % Red Chris (38) Producing – – – 478,286 0.34 3,585 3,585 88,571 0.40 781 81 % Voisey's Bay (135) Producing 1,393 0.91 28 10,092 0.70 156 184 13,831 0.70 213 79-85% Cactus (136) Development 54,315 0.81 972 389,043 0.41 3,507 4,480 199,853 0.35 1,558 Undisclosed Don Mario (55) Development 135 1.75 5 4,422 0.50 49 54 1,671 0.38 14 Undisclosed Hod Maden (57) Development 620 2.34 32 1,100 1.40 34 66 2,670 0.44 26 Undisclosed Horne 5 (58) Development 10,839 0.17 41 13,857 0.17 52 93 24,311 0.67 359 Undisclosed Kundip (61) Development – – – 710 0.19 3 3 3,150 0.16 11 Undisclosed Kutcho Creek (62) Development 103 1.64 4 413 6.62 60 64 2,145 1.22 58 87.6-94.5% Las Cruces (137) Development 4,900 2.07 223 900 2.84 56 280 9,400 1.08 224 Undisclosed NuevaUnión (69) Development 2,880 0.42 27 71,010 0.51 798 825 205,586 0.30 1,364 89 % Oyu Tolgoi (70) Development – – – 83,000 1.63 2,983 2,983 161,000 1.04 3,691 Undisclosed Platreef (72) Development – – – 216,300 0.16 763 763 506,000 0.16 1,785 Undisclosed Troilus (74) Development – – – 128,300 0.11 299 299 80,500 0.06 108 Undisclosed Warintza (75) Development 399,000 0.31 2,727 2,047,000 0.20 8,804 11,531 2,092,000 0.16 7,379 Undisclosed Berg (77) Evaluation 34,000 0.31 230 976,000 0.23 4,858 5,088 542,000 0.17 2,045 82 % Bronson Slope (78) Evaluation – – – – – – – 155,190 0.09 317 Undisclosed Caber (81) Evaluation 800 1.11 20 700 1.07 17 36 – – – Undisclosed High Lake (90) Evaluation – – – 7,900 3.00 522 522 6,000 1.80 238 89 % Jaguar (93) Evaluation – – – 1,300 0.50 14 14 400 0.30 3 76 % Long Lake (95) Evaluation – – – 407 0.97 9 9 78 0.70 1 Undisclosed Los Chancas (138) Evaluation – – – 150,000 0.50 1,648 1,648 1,433,000 0.45 14,165 82-84% MARA (97) Evaluation 127,000 0.75 2,100 1,080,000 0.54 12,953 15,052 110,000 0.29 703 Undisclosed Ming (67) Evaluation 241 2.40 13 74 1.98 3 16 62 1.75 2 Undisclosed Minyari (98) Evaluation – – – 32,370 0.20 143 143 15,370 0.13 44 Undisclosed Niblack (101) Evaluation – – – 5,851 0.94 121 121 214 0.93 4 94 % North Island (103) Evaluation – – – 822,793 0.15 2,766 2,766 204,070 0.12 542 86 % Pascua-Lama (107) Evaluation 35,156 0.10 77 276,452 0.09 559 636 15,400 0.05 18 Undisclosed Point Leamington (110) Evaluation – – – 5,013 0.54 60 60 15,440 0.36 124 80 % Quinns Austin (112) Evaluation 463 1.22 12 703 0.97 15 28 318 0.85 6 Undisclosed Rock Creek (131) Evaluation – – – – – – – 90,716 0.66 1,317 92 % Schaft Creek (116) Evaluation 166,000 0.32 1,171 1,127,200 0.25 6,213 7,384 316,700 0.19 1,327 87 % Wolverine (124) Evaluation 553 1.36 17 911 1.51 30 47 539 0.98 12 Undisclosed 204 Royal Gold | 2025/2026 Asset Handbook INTRODUCTION ATTRIBUTES OF OUR BUSINESS PORTFOLIO OVERVIEW EXPECTED PERFORMANCE AND OUTLOOK PORTFOLIO DETAILS REFERENCE MATERIALS