LEAD RESERVES Proven Probable Proven and Probable Metallurgical Tonnes Grade Contained Tonnes Grade Contained Tonnes Grade Contained Recovery Property Category (kt) (%) (Mlb) (kt) (%) (Mlb) (kt) (%) (Mlb) (%) Galena (129) Producing 228 5.41 27 1,015 4.29 96 1,243 4.50 123 Undisclosed Peñasquito (35) Producing 84,400 0.32 596 136,600 0.24 709 221,000 0.27 1,305 73 % Corani (127) Development 20,330 1.00 450 118,253 0.88 2,290 138,583 0.90 2,740 Undisclosed LEAD 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) (%) Cosalá (128) Producing 1,680 0.94 35 5,761 0.60 76 111 3,072 0.36 24 Undisclosed Galena (129) Producing 1,016 5.03 113 4,553 5.79 581 694 6,843 5.73 864 Undisclosed Peñasquito (35) Producing 52,800 0.26 303 172,100 0.24 911 1,213 9,200 0.20 41 73 % Corani (127) Development 10,255 0.37 84 89,797 0.32 643 727 73,185 0.40 641 Undisclosed Blende (126) Evaluation – – – 3,650 1.95 157 157 32,980 1.88 1,364 Undisclosed FAD Property (83) Evaluation – – – 594 4.35 57 57 2,736 3.69 223 Undisclosed High Lake (90) Evaluation – – – 7,900 0.30 52 52 6,000 0.40 53 81 % Long Lake (95) Evaluation – – – 407 1.58 14 14 78 1.24 2 Undisclosed Point Leamington (110) Evaluation – – – 5,013 0.01 2 2 15,440 0.03 10 Undisclosed Wolverine (124) Evaluation 553 1.72 21 911 1.61 32 53 539 1.46 17 Undisclosed ZINC RESERVES Proven Probable Proven and Probable Metallurgical Tonnes Grade Contained Tonnes Grade Contained Tonnes Grade Contained Recovery Property Category (kt) (%) (Mlb) (kt) (%) (Mlb) (kt) (%) (Mlb) 50 Antamina (125) Producing 260,000 0.43 2,440 268,000 0.75 4,433 528,000 0.59 6,873 Undisclosed Peñasquito (35) Producing 84,400 0.80 1,485 136,600 0.59 1,778 221,000 0.67 3,263 82 % Corani (127) Development 20,330 0.60 269 118,253 0.55 1,426 138,583 0.55 1,695 Undisclosed Kutcho Creek (62) Development 1,700 2.38 89 4,310 2.98 284 6,010 2.81 373 64-89% ZINC 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) (%) Antamina (125) Producing – – – 339,000 0.36 2,666 2,666 1,250,000 0.45 12,441 Undisclosed Cosalá (128) Producing 1,680 2.16 80 5,761 1.30 166 246 3,072 1.29 88 Undisclosed Peñasquito (35) Producing 52,800 0.69 803 172,100 0.55 2,087 2,890 9,200 0.60 122 82 % Corani (127) Development 10,255 0.27 61 89,797 0.28 559 620 73,185 0.30 484 Undisclosed Horne 5 (58) Development 10,839 0.74 177 13,857 0.92 280 457 24,311 1.74 933 Undisclosed Kutcho Creek (62) Development 103 1.86 4 413 9.92 90 95 2,145 1.56 74 64-89% Blende (126) Evaluation – – – 3,650 1.98 159 159 32,980 2.01 1,461 Undisclosed Caber (81) Evaluation 800 6.09 107 700 5.42 84 191 – – – Undisclosed FAD Property (83) Evaluation – – – 594 6.77 89 89 2,736 4.42 267 Undisclosed High Lake (90) Evaluation – – – 7,900 3.50 610 610 6,000 4.30 569 93 % Jaguar (93) Evaluation – – – 1,300 7.20 206 206 400 7.80 69 89 % Long Lake (95) Evaluation – – – 407 7.81 70 70 78 5.78 10 Undisclosed Niblack (101) Evaluation – – – 5,851 1.73 223 223 214 1.38 7 90 % Point Leamington (110) Evaluation – – – 5,013 1.39 154 154 15,440 1.85 630 85 % Quinns Austin (112) Evaluation 463 1.41 14 703 1.47 23 37 318 1.17 8 Undisclosed San Juan Silver (Bulldog) (115) Evaluation – – – – – – – 2,133 1.62 76 81 % Wolverine (124) Evaluation 553 13.61 166 911 13.10 263 429 539 10.08 120 Undisclosed Royal Gold | 2025/2026 Asset Handbook 205 INTRODUCTION ATTRIBUTES OF OUR BUSINESS PORTFOLIO OVERVIEW EXPECTED PERFORMANCE AND OUTLOOK PORTFOLIO DETAILS REFERENCE MATERIALS