As of February 28, 2026, project construction reached 91%.

Surface Construction Works

Surface construction activities continued to progress toward completion, with key milestones achieved across the processing and paste infrastructure. Major works completed during the period included the installation of thickener tanks, placement of thickener concrete, and final process plant grading. Installation of secondary steel and tank components for the flotation infrastructure advanced as planned, alongside tank installations at the paste mixing area.

Power Infrastructure

Successful energization of the 85‑kilometre, 110‑kilovolt transmission line, providing permanent grid power to the site. The transmission line was completed ahead of schedule and on budget, enabling stable, reliable power to support commissioning activities and the transition to operations. Permanent grid connection materially reduces residual construction risk and underpins the project readiness to advance through the remaining commissioning phases.

Ore Stockpile Development

Ore stockpile development progressed in line with plan, supporting near‑term plant start‑up requirements. Approximately 35,000 tonnes of ore were added to the surface stockpile during the period, bringing total stockpiled ore to approximately 271,000 tonnes at month end. Stockpile levels are aligned with the previously defined target of approximately 272,000 tonnes ahead of plant start‑up, providing a sufficient buffer to support commissioning and early ramp-up activities. 

Underground Development

Underground development continued to advance with approximately 505 metres of development completed in February, 2026. This included approximately 70 metres in the priority decline heading, maintaining alignment with planned development sequencing. Progress in underground access and infrastructure continues to support ongoing production readiness and provides flexibility as the operation transitions from development toward steady-state mining.

As of February 28, 2026, project construction reached 91%.

Successful mechanical commissioning was completed on major infrastructure including the primary crusher, grinding electrical room, and the SAG and ball mills, alongside critical mechanical components within the flotation and process water circuits. Commissioning and turnover of the emergency diesel generators were also completed.

Cold commissioning advanced across key comminution and infrastructure systems as the project continued preparations for plant start‑up. Initial idle runs were successfully completed on the ball mill and primary crusher, alongside first energization and testing of the grinding electrical rooms. Instrument air systems were deployed to support equipment testing and system verification, confirming mechanical completion of major comminution assets and enabling progression to subsequent commissioning stages.

Downstream processing systems continued to progress through structured testing and functional checks, with flotation circuits and thickeners advancing through planned commissioning activities. Work during the period focused on equipment integrity, controls verification, and readiness for the introduction of process materials.