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ASX: EVN

GOLD: US$4,218/oz A$6,440/oz

Home Our operations Resources & Reserves

Resources & Reserves

Mineral Resource
statement:
Gold Copper
Ore Reserve
statement:
Gold Copper

The below tables are extracted for website visual purposes. For the Annual Mineral Resources and Ore Reserves Statement as at 31 December 2024, please click here.

Group Mineral Resource statement for contained gold

As at 31 December 2024

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Gold Total Resource Measured Indicated Inferred
Project Type Cut-off Tonnes
(Mt) Gold grade (g/t) Gold
metal
(Moz) Tonnes
(Mt) Gold grade (g/t) Gold
metal
(Moz) Tonnes
(Mt) Gold grade (g/t) Gold
metal
(Moz) Tonnes
(Mt) Gold grade (g/t) Gold
metal
(Moz) CP4
Cowal SP 0.35g/t Au 51 0.52 0.84 51 0.52 0.84 - - - - - - 1
Cowal OP 0.35g/t Au 190 0.83 5.2 - - - 160 0.84 4.4 30 0.79 0.76 1
Cowal UG 1.5g/t Au 38 2.38 2.9 - - - 27 2.42 2.1 11 2.29 0.82 1
Cowal Total 280 0.98 8.9 51 0.52 0.84 190 1.06 6.5 41 1.20 1.6 1
Ernest Henry Total ~0.7% Cu 110 0.77 2.8 31 0.81 0.81 49 0.78 1.2 31 0.72 0.73 2
Mungari SP 3.7 0.64 0.077 - - - 3.7 0.64 0.075 0.045 1.14 <0.01 3
Mungari OP 0.25g/t Au 150 0.93 4.4 0.28 1.85 0.016 78 0.98 2.4 71 0.87 2.0 3
Mungari UG 1.9g/t Au 19 4.45 2.6 1.8 4.62 0.27 8.5 4.82 1.3 8.2 4.02 1.1 3
Mungari1 Total 170 1.31 7.2 2.1 4.26 0.29 90 1.33 3.8 79 1.20 3.0 3
Red Lake T NA 2.5 1.74 0.14 - - - 1.2 1.76 0.068 1.4 1.73 0.075 4
Red Lake UG 2.8g/t - 3.0g/t 44 4.96 7.0 - - - 29 5.04 4.6 15 4.83 2.4 5
Red Lake Total 47 4.79 7.2 - - - 30 4.90 4.7 17 4.58 2.5 4,5
Mt Rawdon OP 0.23g/t 5.0 0.30 0.048 4.5 0.27 0.038 0.50 0.58 <0.01 - - - 6
Marsden OP ~0.2g/t Au 120 0.27 1.1 - - - 120 0.27 1.0 3.1 0.22 0.022 7
Northparkes SP Various 5.8 0.45 0.084 5.8 0.45 0.084 - - - - - - 8
Northparkes OP Various 16 0.81 0.41 12 0.77 0.30 3.5 0.93 0.10 0.15 1.14 <0.01 9
Northparkes UG Various 460 0.19 2.5 170 0.22 1.2 260 0.13 1.1 0.39 0.16 0.20 10
Northparkes2 Total 480 0.19 3.0 180 0.26 1.6 260 0.14 1.2 40 0.16 0.21 8,9,10
Total 1,200 0.77 30 270 0.40 3.5 740 0.78 18 210 1.19 8.1

Data for tonnes and metal reported to two significant figures to reflect appropriate precision and may not sum precisely due to rounding. Data for grades are reported to two decimal places. “UG” denotes underground, “SP” denotes stockpiles, “OP” denotes open pits and “T” denotes tailings.

1 Mungari Mineral Resource represents Evolution’s interest.
2 Northparkes Mineral Resource represents Evolution’s interest. Northparkes Mineral Resource is now reported inclusive of Ore Reserve consistent with Evolution practice.
3 All Mineral Resources are reported inclusive of Ore Reserves.
4 Mineral Resources Competent Persons (CP) notes refer to: 1. Ben Reid 2. Phil Micale 3. Darren Hurst 4. Trevor Rabb 5. Paul Boamah 6. Ben Young 7. Ben Reid 8. Riek Muller 9. Krista Sutton 10. David Richards.

Group Ore Reserve statement for contained gold

As at 31 December 2024

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Gold Total Reserve Proved Probable
Project Type Cut-off Tonnes (Mt) Gold grade (g/t) Gold metal (Moz) Tonnes (Mt) Gold grade (g/t) Gold metal (Moz) Tonnes (Mt) Gold grade (g/t) Gold metal (Moz) CP3
Cowal SP 0.45g/t Au 43 0.53 0.74 43 0.53 0.74 - - - 1
Cowal OP 0.45g/t Au 75 0.97 2.3 - - - 75 0.97 2.3 1
Cowal UG 0.6 - 1.8g/t 20 2.20 1.4 - - - 20 2.20 1.4 2
Cowal Total 140 1.01 4.4 43 0.53 0.74 94 1.23 3.7 1.2
Ernest Henry UG 0.75 - 0.80% CuEa 78 0.46 1.2 32 0.65 0.66 47 0.33 0.50 3
Mungari SP Various 3.7 0.62 0.074 - - - 3.7 0.62 0.074 4
Mungari OP 0.34 - 0.49g/t Au 43 1.04 1.4 - - - 43 1.04 1.4 4
Mungari UG 2.05-2.45g/t Au 4.2 4.54 0.61 0.62 4.47 0.088 3.6 4.55 0.52 5
Mungari1 Total 51 1.30 2.1 0.62 4.47 0.088 50 1.26 2.0 4,5
Red Lake T NA 1.3 1.60 0.068 - - - 1.3 1.60 0.068 6
Red Lake UG 32-3.5g/t Au 13 4.46 1.9 - - - 13 4.46 1.9 7
Red Lake Total 14 4.20 2.0 - - - 14 4.20 2.0 6,7
Mt Rawdon OP 0.32g/t Au 0.98 0.48 0.015 0.48 0.37 <0.01 0.50 0.58 <0.01 8
Marsden OP 0.3g/t Au 65 0.39 0.82 - - - 65 0.39 0.82 9
Northparkes SP Various 3.5 0.24 0.028 3.5 0.24 0.028 10
Northparkes OP 0.34% - 0.50% CuEa 5.8 0.36 0.066 4.2 0.34 0.046 1.5 0.41 0.020 11
Northparkes UG 0.32 - 0.58% CuEq 72 0.27 0.63 1.7 0.33 0.019 70 0.27 0.61 10,11
Northparkes2 Total 81 0.28 0.73 9.5 0.30 0.093 72 0.27 0.63 10,11,12
Total 430 0.82 11 86 0.58 1.6 340 0.88 10

Data for tonnes and metal reported to two significant figures to reflect appropriate precision and may not sum precisely due to rounding. Data for grades are reported to two decimal places. “UG” denotes underground, “SP” denotes stockpiles, “OP” denotes open pits and “T” denotes tailings.

1 Mungari Ore Reserves represent Evolution’s interest.
2 Northparkes Ore Reserves represent Evolution’s interest.
3 Group Gold Ore Reserve Competent Person (CP) notes refer to: 1. Dean Basile (Mining One) 2. Peter Nichols 3. Michael Corbett 4. Tate Baillie 5. Ryan Bettcher 6. Ross Garling 7. Jack Caswell 8. Ben Young 9. Glen Williamson 10. Reik Muller 11. Sam Ervin 12. Sarah Webster.

Group Mineral Resource statement for contained copper

As at 31 December 2024

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Copper Total Resource Measured Indicated Inferred
Project Type Cut-off Tonnes (Mt) Copper grade (%) Copper metal(kt) Tonnes (Mt) Copper grade (%) Copper metal(kt) Tonnes (Mt) Copper grade (%) Copper metal(kt) Tonnes (Mt) Copper grade (%) Copper metal(kt) CP3
Ernest Henry UG -0.7% Cu 110 1.26 1,400 31 1.39 430 49 1.26 610 31 1.12 350 1
Marsden OP -0.2g/t Au 120 0.46 560 - - - 120 0.46 550 3.1 0.24 7.5 2
Northparkes SP Various 5.8 0.33 19 5.8 0.33 19 - - - - - - 3
Northparkes OP Various 16 0.21 33 12 0.24 29 3.5 0.11 4.0 0.15 0.038 0.058 4
Northparkes UG Various 460 0.52 2,400 170 0.56 930 260 0.50 1,300 39 0.47 180 5
Northparkes1 Total 480 0.51 2,400 180 0.53 980 260 0.49 1,300 40 0.46 180 3,4,5
Total2 720 0.61 4,400 210 0.66 1,400 430 0.57 2,400 74 0.73 540

Data for tonnes and metal reported to two significant figures to reflect appropriate precision and may not sum precisely due to rounding. Data for grades are reported to two decimal places. “UG” denotes underground, “SP” denotes stockpiles, “OP” denotes open pits and “T” denotes tailings.

1 Northparkes Mineral Resource represents Evolution’s interest. Northparkes Mineral Resource is now reported inclusive of Ore Reserve consistent with Evolution practice.
2 Mineral Resources are reported inclusive of Ore Reserves.
3 Mineral Resources Competent Persons (CP) notes refer to: 1. Phil Micale 2. Ben Reid 3. Riek Muller 4. Krista Sutton 5. David Richards.

Group Ore Reserve statement for contained copper

As at 31 December 2024

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Copper Total Reserve Proved Probable
Project Type Cut-off Tonnes (Mt) Copper grade (%) Copper metal(kt) Tonnes (Mt) Copper grade (%) Copper metal(kt) Tonnes (Mt) Copper grade (%) Copper metal(kt) CP2
Ernest Henry UG 0.75 - 0.80% CuEq 78 0.76 600 32 1.07 340 47 0.55 250 1
Marsden OP 0.3g/t Au 65 0.57 370 - - - 65 0.57 370 2
Northparkes SP Various 3.5 0.30 11 3.5 0.30 11 - - - 3
Northparkes OP 0.34% - 0.50% CuEq 5.8 0.36 21 4.2 0.36 15 1.5 0.39 6.0 4
Northparkes UG 0.32 - 0.58% CuEa 72 0.55 390 1.7 0.51 8.9 70 0.55 380 5
Northparkes1 Total 81 0.52 420 9.5 0.36 35 72 0.54 390 3,4,5
Total 220 0.62 1,400 41 0.91 380 180 0.57 1000

Data for tonnes and metal reported to two significant figures to reflect appropriate precision and may not sum precisely due to rounding. Data for grades are reported to two decimal places. “UG” denotes underground, “SP” denotes stockpiles, “OP” denotes open pits and “T” denotes tailings.

1  Northparkes Ore Reserve represents Evolution’s interest.
2 Group Ore Reserves Competent Person (CP) notes refer to: 1. Michael Corbett 2 Glen Williamson 3. Riek Muller 4. Sam Ervin 5. Sarah Webster.

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