GOLD RESERVES (CONT’D) Proven Probable Proven and Probable Metallurgical Tonnes Grade Contained Tonnes Grade Contained Tonnes Grade Contained Recovery Property Category (kt) (g/t) (koz) (kt) (g/t) (koz) (kt) (g/t) (koz) (%) Lawyers-Ranch (64) Development 32,883 1.05 1,114 40,773 0.85 1,117 73,656 0.94 2,231 93 % Lobo-Marte (65) Development – – – 160,702 1.30 6,733 160,702 1.30 6,733 70 % Marban (66) Development – – – 51,618 0.95 1,577 51,618 0.95 1,577 94 % North Timmins (68) Development – – – 1,787 4.82 277 1,787 4.82 277 Undisclosed NuevaUnión (69) Development 116,040 0.55 2,052 88,620 0.36 1,026 204,660 0.47 3,078 66 % Oyu Tolgoi (70) Development – – – 36,000 0.59 683 36,000 0.59 683 81 % Pine Cove (71) Development – – – 233 1.53 11 233 1.53 11 87 % Platreef (72) Development – – – 129,700 0.29 1,210 129,700 0.29 1,210 Undisclosed Red Dam (73) Development – – – 2,900 1.25 117 2,900 1.25 117 Undisclosed Troilus (74) Development – – – 380,000 0.49 6,020 380,000 0.49 6,020 Undisclosed Warintza (75) Development 797,000 0.37 6,501 503,000 0.22 2,440 1,300,000 0.31 8,941 Undisclosed Royal Gold | 2025/2026 Asset Handbook 197 INTRODUCTION ATTRIBUTES OF OUR BUSINESS PORTFOLIO OVERVIEW EXPECTED PERFORMANCE AND OUTLOOK PORTFOLIO DETAILS REFERENCE MATERIALS