SAVANNAH GOLDFIELDS (ASX:SVG)
An Australian Gold Mining Company unlocking Queensland's Gold Potential

GOLD PRODUCTION & GROWTH

Savannah Goldfields (ASX:SVG) is an Australian gold mining company with a strategic portfolio of operating assets in North Queensland’s Gulf Savannah.

The Company is focused on restarting production while advancing a regional growth strategy in a highly prospective, under-explored gold province. With extensive exploration and mining leases surrounding its central processing facility, Savannah Goldfields is well positioned to unlock significant upside and scale.

As the only gold plant within a 400km radius, SVG is uniquely placed to capture toll processing opportunities and commercialise stranded resources across the region.

Savannah Goldfields has successfully restarted production at its Georgetown Gold Processing Plant, with operations recommencing in November 2025 and continuing to build momentum.

Since restart, the Company has delivered over 1,400oz of gold and generated approximately A$10 million in revenue, demonstrating the plant’s ability to generate early cashflow while optimising performance.

Ongoing processing of stockpiles and near-term feed sources provides a clear pathway to sustained production ahead of the planned restart of mining at Agate Creek.

Savannah Goldfields is executing a hub-and-spoke strategy anchored by the Georgetown Gold Processing Plant — the only operating gold processing facility within a 400km radius.

The plant serves as a central hub, processing material from multiple sources including Georgetown, Agate Creek and regional deposits. This strategy enables:

  • Continuous plant utilisation
  • Multiple feed sources across the region
  • The ability to unlock stranded and underdeveloped gold resources

With Agate Creek providing a multi-year high-grade feed source and additional regional opportunities emerging, SVG is building a scalable gold production platform.

Exploration remains a key driver of long-term growth, with multiple targets across the Georgetown and Agate Creek regions.

Recent drilling has delivered high-grade gold intercepts, including results such as:

  • 2.6m @ 34.8 g/t Au at Red Dam
  • 30m @ 2.7 g/t Au at Electric Light

These results highlight the potential to expand existing resources and extend mine life, with mineralisation remaining open along strike and at depth.

SVG continues to advance resource upgrades, metallurgical testing and further drilling programs across its portfolio.

Savannah Goldfields is progressing a clear pipeline of near-term catalysts to drive production and growth:

  • Restart of Agate Creek mining (targeted 2026)
  • Ongoing exploration success across key deposits
  • Expansion of processing capacity at Georgetown
  • Additional toll processing agreements
  • Potential development of a standalone plant at Agate Creek

Together, these initiatives position SVG to deliver sustained production growth and increasing cashflow.

SVG’s assets are located within the highly prospective Etheridge Goldfield in Far North Queensland — one of Australia’s most historically productive gold regions.

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