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EVOLUTION MINING LIMITED Regulatory Filings 2021

Jul 21, 2021

64885_rns_2021-07-21_6b4de9c7-ccf7-47f7-b712-c207271962df.pdf

Regulatory Filings

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ABN 74 084 669 036

ASX Announcement

Sydney Office P +61 2 9696 2900 F +61 2 9696 2901 Level 24 175 Liverpool Street Sydney NSW 2000

www.evolutionmining.com.au

22 July 2021

ACQUISITION TO ELEVATE MUNGARI TO A CORNERSTONE ASSET AND A$400 MILLION EQUITY RAISING

NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES

Evolution Mining Limited (ASX:EVN) (“ Evolution ” or the “ Company ”) is pleased to announce that it has entered into an agreement with Northern Star Resources Limited (“ Northern Star ”) to acquire the Acquisition Assets (as defined below) (the “ Transaction ”).

The Acquisition Assets, located in the Eastern Goldfields of Western Australia, comprise:

  • 100% interest in the Kundana Operations (“ Kundana Operations ”)

  • 51% interest in the East Kundana Joint Venture (“ EKJV ”)

  • 100% interest in certain tenements comprising the Carbine Project (“ Carbine ”)

  • 75% interest in the West Kundana Joint Venture (“ WKJV ”) (together, the “ Acquisition Assets

The main Acquisition Assets are located within 8km of Evolution’s Mungari Operations and represent an important strategic opportunity for Evolution to consolidate the region, optimise the value of its existing infrastructure and capture significant operational synergies.

Evolution has agreed to pay Northern Star A$400 million in cash upon closing of the Transaction. The Transaction will be funded by an A$400 million fully underwritten institutional placement (“ Institutional Placement ”) and is accompanied by a non-underwritten share purchase plan (“ SPP ”) (collectively the “ Equity Raising ”). Associated transaction costs[1] will be funded through cash and available liquidity. Any excess funds raised via the Equity Raising will be used to fund general corporate purposes.

The Transaction is subject to the receipt of all consents required under the WA Mining Act to transfer legal title of the Acquisition Assets to Evolution, with completion expected in late August 2021.

Transaction Highlights

  • A logical, value accretive and opportunistic acquisition of a portfolio of high-grade underground operating mines located within 8km[2] from Evolution's Mungari Mill

  • Builds on strong existing Maduwongga, Marlinyu Ghoorlie and community partnerships

  • Provides pathway to an annual production objective of 200,000 ounces at Mungari

  • Consolidates a 1,027km[2] land package and increases strategic presence in the Kalgoorlie district

  • Unlocks compelling operational synergies

  • Improved near-term grade profile anticipated to increase production and cash flow

  • More than doubles Mungari Mineral Resources and Ore Reserves[3] to significantly extend mine life

  • Expected to be accretive on Production, Mineral Resources and net mine cash flow per share bases

1 Includes stamp duty and Transaction related fees

2 Refers to proximities of Kundana Operations and EKJV deposits

3 Acquisition Assets Mineral Resources and Ore Reserves are provided in Appendix 3 and 4 of this announcement and reported as at 31 March 2021. Those Mineral Resources and Ore Reserves have been prepared using a gold price assumption of A$2,250/oz to estimate Mineral Resources and A$1,750/oz to estimate Ore Reserves. Evolution’s Mineral Resources and Ore Reserves are provided in Appendix 2 of this announcement

Evolution Mining Limited

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Commenting on the Transaction, Evolution’s Executive Chairman, Jake Klein said:

“This is a pivotal transaction that will transform Mungari to establish the operation as the fourth cornerstone asset in the Evolution portfolio. It presents a unique strategic opportunity for Evolution to consolidate the Eastern Goldfields region given our existing presence at Mungari, resulting in Evolution being one of the largest tenement holders in the Kalgoorlie region. The Acquisition Assets are located in close proximity to Mungari’s processing infrastructure, with all key mining operations and identified orebodies located within 8km of the Mungari mill[4] . This unlocks the ability to capture valuable unique synergies and provides significant operational flexibility for the combined operations.

The Transaction improves Mungari on a production, mine life, and Mineral Resources basis. We are also excited about the exploration potential that the consolidated land package holds, which represents further mine life extension opportunities for Mungari. It also improves the overall scale, quality and mine life of the portfolio, which continues to operate exclusively in Tier 1 mining jurisdictions.

Finally, we look forward to partnering with Rand and Tribune at the EKJV as we seek to optimise the value of this operation for the benefit of all shareholders.”

Integration with Evolution’s Mungari Operations

Evolution has identified a range of opportunities to further unlock value through the consolidation of its existing Mungari Operations and the Acquisition Assets, with the objective of reducing costs, increasing production and extending mine life.

The Transaction will allow Evolution to consolidate the operations into an integrated operating platform, which has various benefits, including:

  • A >85% reduction in haulage distance, given the proximity of the Mungari Mill to the Acquisition Assets relative to where the majority of ore is currently processed at Northern Star’s Kanowna Belle Mill (which is a haulage distance of 52–55km[5] )

  • Mungari Mill processing costs per tonne are currently materially lower than the Kanowna Belle Mill with additional cost benefits expected to be realised through the planned mill expansion to 4.2Mtpa

  • Potential unit cost savings from corporate overheads and site general & administration expenses from consolidation of assets

  • Opportunity to optimise Mungari’s life of mine plan and improve operational flexibility through access to multiple high-grade ore sources

  • Combination of skills to benefit from best practice mining across integrated operations

Overview of the Acquisition Assets

The Acquisition Assets, located in the Eastern Goldfields of Western Australia, comprise of the Kundana Operations (100%), a 51% interest in the EKJV, the Carbine Project (100%) and a 75% interest in the WKJV.

The Kundana Operations consist of the Millennium, Pope John and Moonbeam underground operating areas, with future underground production planned from additional mining areas. Significant potential exists for mine life extension through near-mine exploration upside.

The EKJV is an unincorporated joint venture with Rand Mining Limited (“ Rand ”) and Tribune Resources Limited (“ Tribune ”)[6] . Through the Transaction, Evolution will acquire a 51% interest in the EKJV and hold operatorship of the EKJV operations, which comprise three primary underground mines: Rubicon, Hornet and Pegasus (collectively, “ RHP ”).

4 Refer to footnote 2 above

5 Some ore from the Kundana operation is also processed through the South Kalgoorlie and Carosue Dam mills with haul distances at least as far as Kanowna Belle

6 Evolution also holds a 21% interest in Tribune Resources Limited

Evolution Mining Limited

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The Carbine Project lies to the north of Kundana, nearby Evolution’s Castle Hill deposits, with existing Mineral Resources and Ore Reserves. Four open pits are planned in the area.

As at 31 March 2021, the Acquisition Assets had total Ore Reserves of 579koz grading 4.0g/t gold and Mineral Resources of 2,443koz grading 4.1g/t gold[7] .

Proximity of the Acquisition Assets and Evolution’s Mungari Operations

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Figure 1: Map of the Kalgoorlie Eastern Goldfields region, highlighting the Acquisition Assets and Mungari tenements

7 Refer to footnote 3 above

Evolution Mining Limited

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Updated Group Three-year Outlook

As a result of the Transaction, Evolution’s Group Three-year gold production outlook has increased to 700 – 760koz in FY22; 815 – 875koz in FY23; and 940 – 1,010koz in FY24. This represents an increase in production of 30koz in FY22; 65koz in FY23; and 60koz in FY24. The Group three-year All-In Sustaining Cost (“ AISC ”) outlook is unchanged at A$1,220 – A$1,280/oz in FY22; A$1,125 – A$1,185/oz in FY23; and A$1,170 – A$1,230/oz in FY24.

Representing the quality of the Transaction, the Three-year capital investment outlook changes are minimal with Sustaining Capital increasing by A$5 million per annum and Major Capital unchanged. The Three-year Sustaining Capital outlook is A$125 – 155 million in FY22; A$120 – 160 million in FY23 and A$125 – 165 million in FY24. Major Capital Three-year outlook is A$440 – 510 million in FY22; A$490 – 560 million in FY23; and A$290 – 360 million in FY24.

Group Three-year Outlook comprises 3% Proved Ore Reserves, 79% Probable Ore Reserves, 6% Indicated Mineral Resources, 10% Inferred Mineral Resources and 3% Exploration Targets. The revised Three-year Outlook for Mungari does not compromise of any Exploration Targets.

There is a low level of geological confidence associated with Inferred Mineral Resources and there is no certainty that further exploration work will result in the determination of Indicated Mineral Resources or that the production targets will be realised.

The potential quantity and grade of the Exploration Targets are conceptual in nature and there has been insufficient exploration to determine a Mineral Resource and there is no certainty that further exploration work will result in the determination of Mineral Resources or that the production target itself will be realised. Information on the Exploration Targets is provided in the initial release entitled "Cowal Underground Board Approval, Red Lake Growth Update and Group Three-year Outlook" released to the ASX on 16 July 2021 and available to view at www.evolutionmining.com.au.

Material assumptions for Evolution assets

Material assumptions for Evolution assets on which the Group Three-year Outlook is based are presented in ASX releases entitled “Annual Mineral Resources and Ore Reserves Statement”, “Annual Mineral Resources and Ore Reserves Statement” and “Cowal Underground Board Approval, Red Lake Growth Update and Group Three-year Outlook” released to the ASX on 17 February 2021, 12 February 2020 and 16 July 2021 respectively and are available to view at www.evolutionmining.com.au.

The material assumptions upon which the Group Three-year Outlook forecast financial information is based are: Gold A$2,200/oz; Silver A$27.50/oz; Copper A$11,000/t; and Diesel A$80/bbl. The All-In Sustaining Cost Outlook is based on a Gold price of A$2,200/oz (Royalties) and a Copper price of A$11,000/t (by-product credits).

Material assumptions for Acquisition Assets

The material assumptions for the Acquisition Assets are presented in Appendix 4 Acquisition Assets JORC Code Table 1 of this release. Those Mineral Resources and Ore Reserves have been prepared based on estimation criteria using a gold price assumption of A$2,250/oz to estimate Mineral Resources and A$1,750/oz to estimate Ore Reserves.

Competent Persons Statement

The Ore Reserves and Mineral Resources underpinning the Group Three-year Outlook have been prepared by Competent Persons in accordance with the requirements of the JORC Code 2012.

Evolution Mining Limited

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Equity Raising

The A$400 million cash consideration for the Transaction will be funded via the Institutional Placement.

The Institutional Placement will involve the issuance of approximately 104 million new fully paid ordinary Evolution shares (“ New Shares ”) to certain eligible institutional investors to raise approximately A$400 million at an issue price of A$3.85 per share (“ Issue Price ”).

The Issue Price represents a 5.4% discount to the closing price of Evolution shares of A$4.07 as at market close on Wednesday, 21 July 2021, being the last day of trading in Evolution shares prior to the announcement of the Institutional Placement.

The Institutional Placement is being conducted within Evolution’s existing capacity under ASX Listing Rule 7.1 and accordingly no shareholder approval is required in connection with the Institutional Placement (or the SPP that follows).

It is expected that Evolution’s trading halt will be lifted upon announcement of the completion of the Institutional Placement, which is expected to occur on Friday, 23 July 2021. Settlement of the Institutional Placement is expected to occur on Tuesday, 27 July 2021, with the New Shares to be issued and commence trading on the ASX on Wednesday, 28 July 2021. The New Shares will rank equally with Evolution’s existing shares with effect from their issue and will be entitled to the dividend for the six months ending 30 June 2021.

J.P. Morgan Securities Australia Ltd (“ J.P. Morgan ”) is acting as the sole lead manager, bookrunner and underwriter of the Institutional Placement.

Share Purchase Plan Details

In addition to the Institutional Placement, Evolution will offer all eligible existing shareholders (including retail shareholders) on Evolution’s share register at 7:00pm (Sydney time) on Wednesday, 21 July 2021 with registered addresses in Australia or New Zealand the opportunity to apply for new Evolution shares through the SPP without brokerage fees.

The price paid by eligible shareholders for SPP Shares will be the lesser of:

  • the Issue Price

  • a 2.5% discount (rounded down to the nearest cent) to the 5-day VWAP of Evolution shares up to, and including, the closing date of the SPP (expected to be Friday, 20 August 2021)

Evolution intends to target a raising of up to A$50 million via the SPP[8] .

The application for new shares under the SPP will be capped at the statutory maximum allowed of A$30,000 per eligible shareholder, across all their holdings.

The SPP offer period will open on Thursday, 29 July 2021 and close at 5:00pm (Sydney time) on Friday, 20 August 2021, subject to Evolution’s discretion to amend these dates. Shares issued under the SPP will rank equally with Evolution’s existing shares with effect from their issue and will be entitled to the dividend for the six months ending 30 June 2021.

The terms and conditions of the SPP will be set out in an SPP offer booklet, which will be despatched to eligible Evolution Shareholders by their preferred method of contact as well as a separate announcement to ASX in due course. Participation in the SPP is optional and Evolution reserves the right to scale back any applications under the SPP.

Shareholders who have any questions regarding the SPP should contact Evolution's SPP Information Line on 1300 222 378 (within Australia or outside Australia) at any time from 8.30am to 5.30pm (Sydney time), Monday to Friday.

8 Evolution may decide to accept applications (in whole or in part) that result in the SPP raising more or less than this amount in its absolute discretion. Further details will be provided in the SPP Offer Booklet expected to be despatched to eligible shareholders on Thursday, 29 July 2021.

Evolution Mining Limited

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Equity Raising Timetable

Event Date (2021)
Record date for SPP 7:00pm (Sydney time)
Wednesday, 21 July
Trading halt and announcement of Institutional Placement and SPP Thursday, 22 July
Institutional Placement bookbuild Thursday, 22 July
Announcement of outcome of Institutional Placement Friday, 23 July
Trading halt lifted – trading resumes on ASX Friday, 23 July
Settlement of New Shares issued under the Institutional Placement Tuesday, 27 July
Allotment and normal trading of New Shares issued under the Institutional Placement Wednesday, 28 July
SPP offer opens and SPP offer booklet is dispatched Thursday, 29 July
SPP offer closes 5:00pm (Sydney time)
Friday, 20 August
SPP issue and allotment date Friday, 27 August
SPP shares commence trading Monday, 30 August
Dispatch of holding statement Monday, 30 August

The above timetable is indicative only and subject to change. The commencement and quotation of New Shares is subject to approval from the ASX, subject to the requirements of the Corporations Act, the ASX Listing Rules and other applicable rules. Evolution reserves the right to amend this timetable at any time without notice, including extending the period for the SPP or accepting late applications, either generally or in particular cases, or to withdraw or vary the Equity Raising in its absolute discretion.

Investor Presentation

Further details of the Transaction and Equity Raising are detailed in the Investor Presentation released on the ASX platform today.

Evolution’s Advisers

Treadstone Resource Partners is acting as financial adviser and Allens is acting as legal adviser in relation to the Transaction and Equity Raising.

J.P. Morgan is acting as the sole lead manager, bookrunner and underwriter in relation to the Institutional Placement.

Evolution Mining Limited

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Conference Call

Jake Klein (Executive Chairman) and Lawrie Conway (Finance Director and Chief Financial Officer) will host a conference call for investors, analysts and media to discuss this announcement at 9:30am Sydney time on 22 July 2021. Access detailed are provided below.

Conference Call Details

Participants can pre-register for the call at the link below. They will receive a calendar invite and a unique code which is to be quoted when dialing into the call:

- - https://s1.c conf.com/diamondpass/10015375 2jbndq.html

Replay numbers:

▪ Australia: 1800 265 784 ▪ Australia Local: +61 7 3107 6325 ▪ Replay PIN: 10015375

Replay available until 27 July 2021.

This announcement has been authorised for release to the ASX by Evolution’s Board of Directors.

For further information please contact:

Investor Enquiries

Bryan O’Hara General Manager Investor Relations Evolution Mining Limited Tel: +61 2 9696 2900

Media Contact

Michael Vaughan Media Relations Fivemark Partners Tel: +61 422 602 720

Evolution Mining Limited

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About Evolution Mining

Evolution Mining is a leading, globally relevant gold miner. Evolution operates five wholly-owned mines – Cowal in New South Wales, Mt Rawdon and Mt Carlton in Queensland, Mungari in Western Australia, and Red Lake in Ontario, Canada. In addition, Evolution holds an economic interest in the Ernest Henry copper-gold mine in Queensland.

Important Notice

This announcement is not financial product or investment advice, a recommendation to acquire securities or accounting, legal or tax advice. It does not constitute an invitation or offer to apply for securities. It has been prepared without taking into account the objectives, financial or tax situation or needs of individuals. Before making an investment decision, prospective investors should consider the appropriateness of the information having regard to their own objectives, financial and tax situation and needs and seek legal and taxation advice appropriate for their jurisdiction. Evolution is not licensed to provide financial product advice in respect of an investment in securities.

Not for distribution or release in the United States

This announcement has been prepared for publication in Australia and may not be distributed or released in the United States. This announcement does not constitute an offer to sell, or the solicitation of an offer to buy, any securities in the United States or to any person who is acting for the account or benefit of any person in the United States (to the extent such a person is acting for the account or benefit of a person in the United States). The New Shares described in this announcement have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) and may not be offered or sold, directly or indirectly, in the United States or to any person acting for the account or benefit of a person in the United States unless they have been registered under the U.S. Securities Act, or are offered and sold in a transaction exempt from, or not subject to, the registration requirements of the U.S. Securities Act and any other applicable US state securities laws.

Forward-looking statements

This announcement includes forward-looking statements, including forward looking statements relating to the future operation of the Company and the Acquisition Assets. These forward-looking statements are based on the Evolution’s expectations and beliefs concerning future events. Forward-looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of the Evolution, which could cause actual results to differ materially from such statements. Evolution makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement to reflect the circumstances or events after the date of this announcement.

You are strongly cautioned not to place undue reliance on forward-looking statements, particularly in light of the current economic climate and the significant volatility, uncertainty and disruption caused by COVID-19.

Reserves and resources reporting

Investors should note that it is a requirement of the ASX listing rules that the reporting of ore reserves and mineral resources in Australia comply with the Australasian Joint Ore Reserves Committee Code for Reporting of Mineral Resources and Ore Reserves (the "JORC Code"), whereas mining companies in other countries may be required to report their ore reserves and/or mineral resources in accordance with other guidelines (for example, SEC Industry Guide 7 in the United States). Investors should note that while the Company’s and Northern Star's Mineral Resource and Ore Reserve estimates comply with the JORC Code, they may not comply with the relevant guidelines in other countries. In particular, they do not comply with the mining disclosure requirements of the United States under SEC Industry Guide 7 or the new mining disclosure rules adopted by the SEC for SEC-registered mining companies on 31 October 2018 ("New SEC Mining Disclosure Rules"), which govern the disclosure of mineral reserves (and, under the New SEC Mining Disclosure Rules, mineral resources) in registration statements and other documents filed with the SEC. SEC Industry Guide 7 does not recognise classifications other than proven and probable reserves and, as a result, the SEC historically has not permitted mining companies to disclose their mineral resources in SEC filings. Under the New SEC Mining Disclosure Rules, the SEC now recognizes estimates of “measured mineral resources”, “indicated mineral resources” and “inferred mineral resources.” In addition, under the New SEC Mining Disclosure Rules, the SEC has amended

Evolution Mining Limited

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its definitions of “proven mineral reserves” and “probable mineral reserves” to be “substantially similar” to the corresponding standards under the JORC Code. While the New SEC Mining Disclosure Rules will more closely align SEC disclosure requirements for mining properties with current industry and global regulatory practices and standards, including the JORC Code, and will permit SEC registered mining companies to disclose information concerning their mineral resources, in addition to its mineral reserves, in its SEC filings, investors should not assume that mineral resources classified under the JORC Code will be classified as mineral resources under the New SEC Mining Disclosure Rules, or that quantities reported as "resources" will be converted to reserves under the JORC Code, the New SEC Mining Disclosure Rules or any other reporting regime or that the Company will be able to legally and economically extract them.

Evolution Mining Limited

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APPENDIX 1: SUMMARY OF KEY TERMS OF THE TRANSACTION

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Appendix 1: Summary of Key Terms of the Transaction

Item Description
Share and Asset Sale
Agreement (“SASA”)
Under a Share and Asset Sale and Purchase Agreement between Northern Star Resources
Limited ("NSR"), Northern Star (Kanowna) Pty Limited ("NSK"), Northern Star Mining
Services Limited and Toledo Holding (Ausco) Pty Limited, Toledo Tenement Holdings Pty
Limited and Evolution Mining (collectively, "Evolution"), Evolution has agreed to acquire the
following assets:

100% interest in the Kundana Operations by acquiring all of the shares in Kundana
Gold Pty Ltd;

51% interest in the East Kundana Joint Venture by acquiring all of the shares in
Gilt-Edged Mining Pty Limited ("GEM");

75% interest in the West Kundana Joint Venture by acquiring all of the shares in
GEM; and

certain tenements comprising the Carbine Project.
Purchase Price A$400 million payable on completion.
Conditions Precedent /
timing to closing

Ministerial consent under the Mining Act to transfer legal title to certain tenements
forming part of the Carbine Project.

Completion to occur 20 Business Days following satisfaction or waiver of the Condition
Precedent.

Cut-off date for satisfaction or waiver of the Condition Precedent is 60 days after the
SASA is executed or as otherwise agreed.
Warranty regime Customary warranty package for a transaction of this nature, including warranties that relate
to title, capacity and authority, ownership of shares and material assets (including mining
tenements), real property, native title, aboriginal heritage, employees, litigation, disclosure
and tax.
Interim Period
Covenants
Standard interim period covenants to provide customary protections such as conducting the
Gold Operations in the ordinary course and consistent with business practices, restrictions
on disposing assets or approving capital expenditure above certain monetary thresholds,
and maintaining and operating the Assets in accordance with standard mining industry
practices.
Working Capital
Adjustment & Locked
Box

Working capital adjustment to apply to the period from execution of the SASA and 31
July 2021.

A Locked Box mechanism will then apply from 1 August to the date on which
Completion occurs.
Employees Evolution will make offers to an agreed list of employees on the same or substantially similar
terms.
Evolution guarantee
and indemnity
Evolution Mining Limited provides a standard Parent Company Guarantee.
Termination rights Standard termination rights, including for the Condition Precedent not being satisfied or
waived by the cut-off date, for failing to comply with completion obligations, for triggering a
material adverse change, for a breach of interim period covenants, and a reciprocal right for
breach of a fundamental warranty (ie, title, capacity and authority).

Evolution Mining Limited

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APPENDIX 1: SUMMARY OF KEY TERMS OF THE TRANSACTION

Item Description
Transitional services Standard transitional services arrangements have been agreed to ensure that Evolution and
NSR will work collaboratively to plan and implement a smooth, safe and timely transition in
respect of ownership of the assets.
Rand and Tribune
Indemnity
In 2019, Rand Mining, Rand Exploration NL and Tribune Resources Limited ("Rand and
Tribune Group") commenced proceedings against GEM, EKJV Management Pty Ltd
("EKJVM") and NSK in relation to the EKJV and ore treatment arrangements for the ore
produced from those operations. The parties are waiting for the court to hand down its
decision.
NSR has given an indemnity to Evolution in respect of any liability of GEM or EKJVM to pay
damages as a result of that litigation, together with a capped indemnity to compensate
Evolution for losses in value it may suffer if it cannot process GEM's share of EKJV ore at
the Mungari Mill.

Evolution Mining Limited

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APPENDIX 2: EVOLUTION DECEMBER 2020 MINERAL RESOURCES AND ORE RESERVES

December 2020 Group Gold Mineral Resource Statement

Gold Gold Total Resource Total Resource Total Resource CP4 Dec 19
Resource
Measured Indicated Inferred
Project Type Cut-Off Tonnes
(Mt)
Gold
Grade
(g/t)
Gold
Metal
(koz)
Tonnes
(Mt)
Gold
Grade
(g/t)
Gold
Metal
(koz)
Tonnes
(Mt)
Gold
Grade
(g/t)
Gold
Metal
(koz)
Tonnes
(Mt)
Gold
Grade
(g/t)
Gold
Metal
(koz)
Gold Metal
(koz)
Cowal1 Open pit 0.35 20.63 0.46 306 209.19 0.85 5,724 22.90 0.84 615 252.71 0.82 6,645 1 6,0891
Cowal UG 1.5 -
-

-

22.78
2.55 1,868 14.75 2.43 1,151 37.53 2.50 3,019 1 2,502
Cowal1 Total 20.63 0.46 306 231.97 1.02 7,593 37.65 1.46 1,765 290.24 1.04 9,664 1 8,591
Red Lake3 Total 3.3 - - - 28.09 7.45 6,371 19.72 6.82 4,322 47.81 7.19 11,053 2 -
Mungari1 Open pit 0.5 - - - 37.55 1.19 1,443 6.80 1.35 296 44.36 1.22 1,739 3 1,849
Mungari UG 1.8 0.34 5.09 56 1.78 3.25 187 2.58 2.46 204 4.71 2.95 448 3 560
Mungari1 Total 0.34 5.09 56 39.34 1.29 1,629 9.39 1.66 500 49.07 1.39 2,186 3 2,409
Mt Rawdon1 Total 0.21 7.29 0.34 81 32.91 0.60 630 10.47 0.52 175 50.66 0.54 885 4 1,062
Mt Carlton1 Open pit 0.35 -
-

-

6.96
0.70 157 2.17 2.56 178 9.12 1.14 335 5 3431
Mt Carlton3 UG 2.55 -
-

-

0.33
4.26 45 0.08 3.19 7.88 0.40 4.05 52 5 75
Mt Carlton1 Total -
-
-
7.28
0.86 201 2.24 2.58 186 9.53 1.26 387 5 418
Ernest Henry2 Total 0.9 4.29 0.51 70 45.43 0.61 896 8.98 0.61 177 58.70 0.61 1,143 6 1,288
Marsden Total 0.2 -
-

-

119.83
0.27 1,031 3.14 0.22 22 122.97 0.27 1,053 1 1,053
Total 32.55 0.49 513 504.85 1.15 18,711 91.59 2.43 7,147 628.99 1.30 26,371 15,167

Data is reported to significant figures to reflect appropriate precision and may not sum precisely due to rounding. Mineral Resources are reported inclusive of Ore Reserves. UG denotes underground. 1Includes stockpiles 2 Ernest Henry Operation cut-off 0.9% CuEq 3 Red Lake cut-off is 3.3g/t Au except for Cochenour (3.0g/t Au) and HG Young (3.2g/t Au) deposits

4 Group Mineral Resources Competent Person (CP) Notes refer to 1. James Biggam; 2. Dean Fredericksen; 3. Brad Daddow; 4. Tim Murphy; 5. Ben Coutts; 6. Jessica Shiels (Glencore)

5The Mineral Resource for the Mt Carlton A39 underground deposit has been estimated using a AuEq (g/t) cut-off of 4.4g/t to enable quotation of this silver rich deposit as equivalent gold ounces. The gold equivalent (AuEq) calculation accounts for silver recoveries determined from metallurgical test work and uses an assumed silver price of A$26/oz and gold price of A$2,000/oz as per the below equation.

AuEq=26/2,0000.8203silver grade (Silver price/Gold pricesilver recoverysilver grade). It is the Competent Persons opinion that the assigned cut-off criteria satisfies the JORC Code requirement that the reported Mineral Resource meets reasonable prospects of eventual economic extraction and that the silver present within the A39 deposit can be economically recovered.

Full details of the Ernest Henry Mineral Resources and Ore Reserves are provided in the report entitled “Glencore Resources and Reserves as at 31 December 2020” released 3 February 2021 and available to view at www.glencore.com. The Company confirms that it is not aware of any new information or data that materially affects the information included in the Reports and that all material assumptions and parameters underpinning the estimates in the Reports continue to apply and have not materially changed except for Cowal Underground. This revised information is provided in ASX release entitled ‘Cowal Underground Board Approval, Red Lake Growth Update and Group Three-year Outlook” released on 16 July 2021 and available to view at www.evolutionmining.com. The Company confirms that the form and context in which the Competent Persons’ findings are presented have not been materially modified from the Reports. Evolution Mining has an economic interest earning rights to 100% of the revenue from future gold production and 30% of future copper and silver produced from an agreed area, and 49% of future gold, copper and silver produced from the Ernest Henry Resource outside the agreed area. The Ernest Henry Resource is reported here on the basis of economic interest and not the entire mine resource. The above reported figures constitute 77% of the total Ernest Henry gold resource.

Evolution Mining Limited

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APPENDIX 2: EVOLUTION DECEMBER 2020 MINERAL RESOURCES AND ORE RESERVES

December 2020 Group Gold Ore Reserve Statement

Gold Gold Gold Total Reserve Total Reserve Total Reserve Competent
Person4
Dec 19
Reserves
Proved Probable
Project Type Cut-Off Tonnes
(Mt)
Gold
Grade
(g/t)
Gold
Metal
(koz)
Tonnes
(Mt)
Gold
Grade (g/t)
Gold
Metal
(koz)
Tonnes
(Mt)
Gold
Grade
(g/t)
Gold
Metal
(koz)
Gold
Metal
(koz)
Cowal1 Open pit 0.45 20.60 0.46 306 104.72 0.96 3,241 125.32 0.88 3,547 1 3,6341
Cowal Underground 1.8 - - - 12.55 2.59 1,045 12.55 2.59 1,045 2
Cowal Total 20.60 0.46 306 117.27 1.14 4,287 137.87 1.04 4,593 4,438
Red Lake3 Total 4.4 - - - 13.16 6.90 2,929 13.16 6.90 2,929 3
Mungari Underground 2.9 - - - 0.30 3.57 35 0.30 3.57 35 4 68
Mungari1 Open pit 0.75 - - - 9.68 1.35 419 9.68 1.35 419 4 500
Mungari1 Total - - - 9.98 1.41 454 9.98 1.41 454 4 568
Mt Rawdon1 Open pit 0.3 4.26 0.41 56 15.82 0.67 342 20.08 0.62 398 5 538
Mt Carlton1 Open pit 0.8 - - - 6.13 0.63 124 6.13 0.63 124 6 2701
Mt Carlton5 Underground 3.2 - - - 0.30 4.52 44 0.30 4.52 44 6 40
Mt Carlton1 Total - - - 6.43 0.81 168 6.43 0.81 168 6 311
Ernest Henry2 Underground 0.9 2.67 0.81 70 29.94 0.47 455 32.62 0.50 525 7 660
Marsden Open pit 0.3 -
-
-
65.17
0.39 817 65.17 0.39 817 6 817
Total 27.54 0.49 432 257.77 1.14 9,452 285.31 1.08 9,884 6,642

Data is reported to significant figures to reflect appropriate precision and may not sum precisely due to rounding

1 Includes stockpiles 2 Ernest Henry Operation cut-off 0.9% CuEq 3Red Lake cut-off is 4.3g/t Au except for Lower Campbell (4.4g/t Au) and Upper Campbell (2.5g/t Au) deposits

4Group Ore Reserve Competent Person (CP) Notes refer to 1. Ryan Kare; 2. Joshua Northfield; 3. Brad Armstrong; 4. Ken Larwood; 5. Thomas Lethbridge; 6. Anton Kruger; 7. Michael Corbett (Glencore)

5The Ore Reserve for the Mt Carlton A39 underground deposit has been estimated using a AuEq (g/t) cut-off of 6.1g/t to enable quotation of this silver rich deposit as equivalent gold ounces

The gold equivalent (AuEq) calculation accounts for silver recoveries determined from metallurgical test work and uses an assumed silver price of A$20/oz and gold price of A$1,450/oz as per the below equation.

AuEq = 20/1,4500.8203silver grade (Silver price/Gold pricesilver recoverysilver grade). It is the Competent Persons opinion that the assigned cut-off criteria meets the minimum acceptable criteria to support economic extraction and that the silver present within the A39 deposit can be economically recovered.

The Company confirms that it is not aware of any new information or data that materially affects the information included in the Reports and that all material assumptions and parameters underpinning the estimates in the Reports continue to apply and have not materially changed except for Cowal Underground. This revised information is provided in ASX release entitled ‘Cowal Underground Board Approval, Red Lake Growth Update and Group Three-year Outlook” released on 16 July 2021 and available to view at www.evolutionmining.com. The Company confirms that the form and context in which the Competent Persons’ findings are presented have not been materially modified from the Reports. Evolution Mining has an economic interest earning rights to 100% of the revenue from future gold production and 30% of future copper and silver produced from an agreed area, and 49% of future gold, copper and silver produced from the Ernest Henry Resource outside the agreed area. The Ernest Henry Resource is reported here on the basis of economic interest and not the entire mine resource. The above reported figures constitute 86% of the total Ernest Henry gold reserve.

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APPENDIX 3: ACQUISITION ASSETS RESOURCES & RESERVES

1

Acquisition Assets Mineral Resource Statement

Gold
Measured Indicated Inferred Total Resource
Project Gold Gold Grade
(g/t)
Tonnes Gold Grade Gold Grade Gold Metal Gold Metal Gold Grade Gold Metal
Metal Tonnes (Mt) Tonnes (Mt) Tonnes (Mt)
(Mt) (g/t) (g/t) (koz) (koz) (g/t) (koz)
(koz)
Kundana (100%)
0.59 4.2 80
4.07
4.4 571
3.27

3.8
403 7.93 4.1
1,053
EKJV(51%)
2
1.12 6.2
223
2.88
5.2 485
2.06

4.5
295 6.06 5.2
1,003
Carbine (100%)
- - -
2.89
2.3 213
1.87

2.9
174 4.76 2.5
387
Total
1.71 5.5
302
9.84
4.0 1,269
7.20

3.8
872 18.83 4.1
2,443
Gold Proved Probable Total Reserve
Project Tonnes
(Mt)
Gold Grade (g/t) Gold Metal (koz) Tonnes
(Mt)
Gold Grade (g/t) Gold Metal (koz) Tonnes
(Mt)
Gold Grade (g/t) Gold Metal (koz)
Kundana(100%) 0.20 4.8 30 1.34 4.3 184 1.53 4.4 214
EKJV(51%)
2
0.66 4.8 101 1.07 5.4 185 1.73 5.1 286
Carbine(100%) - - - 1.24 2.0 78 1.24 2.0 78
Total 0.85 4.8 131 3.65 3.8 447 4.50 4.0 579

(1) Mineral Resources and Ore Reserve estimation criteria have been prepared using a gold price assumption of A$2,250/oz to estimate Mineral Resources and A$1,750/oz to estimate Ore Reserves. The Acquisition Assets Mineral Resources and Ore Reserves are expected to be re-estimated as at 31 December 2021 as part of Evolution’s Annual Mineral Resources and Ore Reserves Statement which will be released in February 2022. Rounding may result in apparent summation differences between tonnes, grade and contained metal content.

Ounces are estimates of metal contained in the Ore Reserve and do not include allowances for processing losses.

(2) EKJV deposits are 51% interest, except Raleigh and Falcon North which are 50%

Competent Persons Statement

The Acquisition Assets Mineral Resource and Ore Reserve estimates are based on, and fairly represents, information and supporting documentation compiled by Michael Mulroney and Jeff Brown respectively. Mr Mulroney and Mr Brown are Members of the Australasian Institute of Mining and Metallurgy and are full-time employee of Northern Star Resources Limited. Mr Mulroney and Mr Brown have sufficient experience that is relevant to the styles of mineralisation and type of deposits under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr Mulroney and Mr Brown consent to the inclusion in this announcement of the matters based on this information in the form and context in which it appears.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Kundana: JORC Code, 2012 Edition – Table 1 Report

Millennium, Centenary Crown, Centenary South and Centenary Deeps: Resources and Reserves – 31 March 2021

Section 1: Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria JORC Code
explanation
Commentary
Sampling
techniques
Nature and quality of
sampling (e.g., cut
channels, random
chips, or specific
specialised industry
standard measurement
tools appropriate to the
minerals under
investigation, such as
down hole gamma
sondes, or handheld
XRF instruments, etc.).
These examples should
not be taken as limiting
the broad meaning of
sampling.
A combination of sample types was used to collect material for analysis including underground
diamond drilling (DD), surface diamond drilling, surface Reverse Circulation drilling (RC) and face
channel (FC) sampling.
Include reference to
measures taken to
ensure sample
representivity and the
appropriate calibration
of any measurement
tools or systems used.
DD drilling is sampled within geological boundaries with a minimum (0.3m) and maximum (1.0m)
sample length. Face channel sampling is constrained within geological and mineralised boundaries
with a minimum (0.2m) and maximum (1.0m) channel sample length.
Aspects of the
determination of
mineralisation that are
Material to the Public
Report. In cases where
‘industry standard’ work
has been done this
would be relatively
simple (e.g., ‘reverse
circulation drilling was
used to obtain 1m
samples from which
3kg was pulverised to
produce a 30g charge
for fire assay’). In other
cases, more
explanation may be
required, such as where
there is coarse gold that
has inherent sampling
problems. Unusual
commodities or
mineralisation types
(e.g., submarine
nodules) may warrant
disclosure of detailed
information.
DD drill core was nominated for either half core or full core sampling. Core designated for half core
was cut in half using an automated core saw. The mass of material collected will depend on the drill
hole diameter and sampling interval selected. Core designated for full core was broken with a rock
hammer if sample segments were too large to fit into sample bags.
A sample size of at least 3kg of material was targeted for each face sample interval.
All samples were delivered to a commercial laboratory where they were dried, crushed to 95%
passing 3mm if required, at this point large samples may be split using a rotary splitter, pulverisation
to 90% passing 75µm, a 40g charge was selected for fire assay.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code
explanation
Commentary
Drilling
techniques
Drill type (e.g., core,
reverse circulation,
open-hole hammer,
rotary air blast, auger,
Bangka, sonic, etc.)
and details (e.g., core
diameter, triple or
standard tube, depth of
diamond tails, face-
sampling bit or other
type, whether core is
oriented and if so, by
what method, etc.).
Both RC and Diamond Drilling techniques are used to drill the Kundana deposits.
Surface diamond drill holes were completed using HQ2 (63.5mm) whilst underground diamond drill
holes were completed using NQ2 (50.5mm).
Historically, core was orientated using the Reflex ACT Core orientation system. Currently, core is
orientated using the Boart Longyear Trucore Core Orientation system.
RC Drilling was completed using a 5.75” drill bit, downsized to 5.25” at depth.
In many cases, RC pre-collars were drilled followed by diamond tails. Pre-collar depth was determined
in the drill design phase depending on the target been drilled and production constraints.
Drill
sample
recovery
Method of recording
and assessing core and
chip sample recoveries
and results assessed.
For DD drilling, any core loss is recorded on the core blocks by the driller. This is then captured by the
logging geologist and entered as interval into the hole log.
Measures taken to
maximise sample
recovery and ensure
representative nature of
the samples.
For diamond drilling the contractors adjust their rate of drilling and method if recovery issues arise. All
recovery is recorded by the drillers on core blocks. This is checked and compared to the
measurements of the core by the geological team. Any issues are communicated back to the drilling
contractor.
Whether a relationship
exists between sample
recovery and grade and
whether sample bias
may have occurred due
to preferential loss/gain
of fine/coarse material.
Recovery was excellent for diamond core and no relationship between grade and recovery was
observed. Average recovery across the Kundana camp is at 99%.
Logging Whether core and chip
samples have been
geologically and
geotechnically logged
to a level of detail to
support appropriate
Mineral Resource
estimation, mining
studies and
metallurgical studies.
All diamond core is logged for lithology, veining, alteration, mineralisation and structural. Structural
measurements of specific features are also taken through oriented zones.
Logging is entered in AcQuire using a series of drop-down menus which contain the appropriate
codes for description of the rock.
Most underground faces are logged for lithology and mineralisation. Logging is captured on a face
sample sheet underground which is then transferred to AcQuire. Faces are then input into AcQuire
using a series of drop-down menus which contain appropriate codes for description of the rock.
Whether logging is
qualitative or
quantitative in nature.
Core (or costean,
channel, etc.)
photography.
All core logging is qualitative with mineralised zones assayed for quantitative measurements. Every
core tray is photographed wet. All underground faces are logged and sampled to provide both
qualitative and quantitative data. All faces are washed down and photographed before sampling is
completed.
The total length and
percentage of the
relevant intersections
logged.
For all drillholes, the entire length of the hole was logged.
Sub-
sampling
techniques
If core, whether cut or
sawn and whether
quarter, half or all core
taken.
DD drill core was nominated for either half core or full core sampling. Core designated for half core
was cut in half using an automated core saw. The mass of material collected will depend on the drill
hole diameter and sampling interval selected. Core designated for full core was broken with a rock
hammer if sample segments were too large to fit into sample bags.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code
explanation
Commentary
and sample
preparation
If non-core, whether
riffled, tube sampled,
rotary split, etc. and
whether sampled wet or
dry.
For previous RC drilling, all RC samples are split using a rig-mounted cone splitter to collect a sample
3-4kg in size from each 1m interval. These samples were utilised for any zones approaching known
mineralization and from any areas identified as having anomalous gold. Outside known mineralised
zones spear samples were taken over a 4m interval for composite sampling.
For all sample types,
the nature, quality and
appropriateness of the
sample preparation
technique.
Preparation of samples was conducted at Bureau Veritas Kalgoorlie and Perth preparation facilities,
while surface exploration drilling was sent to Genalysis. Sample preparation commenced with sorting,
checking, and drying at less than 110°C to prevent sulphide breakdown. Samples are jaw crushed to
a nominal -6mm particle size. If the sample is greater than 3kg, a Boyd crusher with rotary splitter is
used to reduce the sample size to less than 3kg (typically 1.5kg) at a nominal <3mm particle size.
The entire crushed sample (if less than 3kg) or sub-sample is then pulverised to 90% passing 75µm,
using a Labtechnics LM5 bowl pulveriser. 400g Pulp subsamples are then taken with an aluminium
scoop and stored in labelled pulp packets.
The sample preparation is considered appropriate for the deposit.
Quality control
procedures adopted for
all sub-sampling stages
to maximise
representivity of
samples.
Procedures are utilised to guide the selection of sample material in the field. Standard procedures are
used for all processes within the laboratory. Grind checks are performed at the pulverising stage
requiring at least 90% of material to pass below 75µm.
Measures taken to
ensure that the
sampling is
representative of the in-
situ material collected,
including for instance
results for field
duplicate / second-half
sampling.
Umpire sampling selection is conducted on all the Kundana core samples as an entire batch. A
minimum of 3% of the samples processed each month are selected to be sent to the ALS Perth check
lab.
Whether sample sizes
are appropriate to the
grain size of the
material being sampled.
The sample sizes are considered appropriate for the material been sampled.
Quality of
assay data
and
laboratory
tests
The nature, quality and
appropriateness of the
assaying and laboratory
procedures used and
whether the technique
is considered partial or
total.
A 40g fire assay charge is used with a lead flux in the furnace. The prill is totally digested by HCl and
HNO3acids before Atomic Absorption Spectroscopy (AAS) determination for gold analysis.
For geophysical tools,
spectrometers,
handheld XRF
instruments, etc., the
parameters used in
determining the
analysis including
instrument make and
model, reading times,
calibrations factors
applied and their
derivation, etc.
No geophysical tools were used to determine any element concentrations.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code
explanation
Commentary
Nature of quality control
procedures adopted
(e.g., standards, blanks,
duplicates, external
laboratory checks) and
whether acceptable
levels of accuracy (i.e.,
lack of bias) and
precision have been
established.
Certified reference materials (CRMs) are inserted into the sample sequence at a rate of 1 per 20
samples to ensure correct calibration. Any values outside of 3 standard deviations are re-assayed with
a new CRM.
Blanks are inserted into the sample sequence at a nominal rate of 1 per 20 samples. The insertion
points are selected at random, except where high grade mineralisation is expected. In these cases, a
blank is inserted after the high-grade sample to test for contamination. Results greater than 0.2gpt are
investigated, and re-assayed if appropriate. New pulps are prepared if anomalous results cannot be
resolved.
Barren flushes are regularly inserted after anticipated high gold grades at the pulverising stage.
No field duplicates were submitted for diamond core.
Pulp duplicates are requested after any ore zone. These are indicated on the sample sheet and
submission sheet.
When visible gold is observed in core, a quartz flush is requested after the sample.
Laboratory performance was monitored using the results from the QA samples mentioned above. This
was supplemented by the internal QA samples used by the laboratories, which included pulp
duplicates and CRMs.
The QA studies indicate that accuracy and precision are within industry accepted limits.
Verification
of
sampling
and
assaying
The verification of
significant intersections
by either independent
or alternative company
personnel.
All significant intersections are verified by another Northern Star senior geologist during the drill hole
validation process and later by a Competent Person to be signed off.
The use of twinned
holes.
No twinned holes were drilled for this data set. Re-drilling of some of the drillholes has occurred due to
issues downhole (e.g., bogged rods). These have been captured in the database as an ‘A’. Re-drilled
holes are sampled whilst the original drillhole is logged but not sampled.
Documentation of
primary data, data entry
procedures, data
verification, data
storage (physical and
electronic) protocols.
Geological logging and sampling are directly recorded into AcQuire. Assay files are received in .cvs,
.pdf and .sif formats. The .cvs’s are loaded directly into the database using an AcQuire importer
object. Assays are then processed through a form in AcQuire for QAQC checks. Non-editable
electronic copies of these are stored.
Discuss any adjustment
to assay data.
No adjustments are made to this assay data. If there are issues with the results files received,
amended versions are requested from the lab.
Location of
data points
Accuracy and quality of
surveys used to locate
drill holes (collar and
down-hole surveys),
trenches, mine
workings and other
locations used in
Mineral Resource
estimation.
Planned holes are marked up by the mine survey department using a total station survey instrument in
mine grid (Kundana 10). The actual hole position is then located by the mine survey department once
drilling is completed.
Holes are lined up on the collar point using the DHS Minnovare Azimuth Aligner. Planned azimuths
and dips of the holes are downloaded to the aligner which is then placed on the rod string to align the
hole for drilling.
During drilling, single shot surveys are conducted every 30m to track the deviation of the hole and to
ensure it stays close to design. This is performed using the DeviShot camera which measures the
gravitational dip and magnetic azimuth. Results are uploaded from the DeviShot software into a *.cvs
format which is then imported into the AcQuire database. At the completion of the hole, a Multishot
DeviFlex survey is completed taking measurements every 3m to ensure accuracy of the hole. The is
relative change survey which is then referenced back to the Azimuth aligner to provide an accurate,

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code
explanation
Commentary
continuous nonmagnetic survey. This is also converted to *.cvs format and imported into the AcQuire
database.
Specification of the grid
system used.
Collar coordinates are recorded in mine grid (Kundana 10) and transformed into MGA94_51.
Quality and adequacy
of topographic control.
Quality topographic control has been achieved through Lidar data and survey pickups of holes over
the last 15 years.
Data
spacing
and
distribution
Data spacing for
reporting of Exploration
Results.
Drill hole spacing varies across the deposit. For resource targeting drilling, spacing was typically a
minimum of 80m x 80m. This allowed for Resource Definition infill drilling at 40m x 40m spacing.
Grade control drilling is drilled on a level by level basis with drill spacing at 20m x 20m. This include
hanging wall and footwall probing where the ore body is greater than development drive width.
Whether the data
spacing and distribution
is sufficient to establish
the degree of geological
and grade continuity
appropriate for the
Mineral Resource and
Ore Reserve estimation
procedure(s) and
classifications applied.
The data spacing and distribution is considered sufficient to support the Resource and Reserve
estimates.
Whether sample
compositing has been
applied.
No sample compositing has been applied.
Orientation
of data in
relation to
geological
structure
Whether the orientation
of sampling achieves
unbiased sampling of
possible structures and
the extent to which this
is known, considering
the deposit type.
Majority of the mineralisation in the Kundana area dips steeply (80°) to the WSW. Diamond drilling is
designed to target the orebodies perpendicular to this orientation to allow for an ideal intersection
angle. Instances where this was not achievable (mostly due to drill platform location), drilling was not
completed or re-designed once a suitable platform became available.
Drillholes with low intersection angles are excluded from resource estimation where more suitable
data is available.
If the relationship
between the drilling
orientation and the
orientation of key
mineralised structures
is considered to have
introduced a sampling
bias, this should be
assessed and reported
if material.
No sampling bias is considered to have been introduced by the drilling orientation. Where drillholes
have been particularly oblique, they have been flagged as unsuitable for resource estimation.
Sample
security
The measures taken to
ensure sample security.
Prior to laboratory submission, samples are stored by Northern Star Resources in a secure yard.
Once submitted to the laboratories they are stored in a secure fenced compound, tracked through
their chain of custody and via audit trails.
Audits or
reviews
The results of any
audits or reviews of
sampling techniques
and data.
No audits have been undertaken of the data and sampling practices at this stage.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Section 2: Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
tenement and
land tenure
status
Type, reference name/number, location and
ownership including agreements or material
issues with third parties such as joint
ventures, partnerships, overriding royalties,
native title interests, historical sites,
wilderness or national park and
environmental settings.
All holes mentioned in this report are located within the M16/87, M16/72,
M16/97 tenements, which are owned by Kundana Gold Pty Ltd a wholly
owned subsidiary of Northern Star Resources. There are no private royalty
agreements applicable to this tenement.
The security of the tenure held at the time of
reporting along with any known impediments
to obtaining a licence to operate in the area.
No known impediments exist, and the tenements are in good standing.
Exploration
done by other
parties
Acknowledgment and appraisal of
exploration by other parties.
Early exploration was completed in the mid-1980s by White Flag Joint Venture
with the development and operation of South Pit. Modern mining continued
since late 1988 through to 1999 when the Centenary Underground ceased
operations.
Exploration continued over the camp through various companies including
Placer Dome and Barrick Gold.
Early 2014 saw Northern Star Resources purchase the Kundana camp from
Barrick Gold and mining recommenced in March 2014. Millennium was
discovered in the same year and commenced mining in 2016.
Geology Deposit type, geological setting and style of
mineralisation.
The Kundana camp is situated within the Norseman-Wiluna Greenstone Belt,
in an area dominated by the Zuleika shear zone, which separates the
Coolgardie domain from the Ora Banda domain.
K2-style mineralisation consists of narrow vein deposits hosted by shear
zones located along steeply dipping overturned lithological contacts. The K2
structure is present along the contact between a black shale unit (Centenary
Shale) and intermediate volcaniclastics (Black Flag Group).
Drill hole
Information
A summary of all information material to the
understanding of the exploration results
including a tabulation of the following
information for all Material drill holes:
easting and northing of the drill hole
collar
elevation or RL (Reduced Level –
elevation above sea level in metres) of
the drill hole collar
dip and azimuth of the hole
down hole length and interception depth
hole length.
A summary of the data present in the Millennium and Centenary deposits can
be found above.
The collar locations are presented in plots contained in the NSR 2021
resource report.
Drillholes vary in survey dip from +59 to -90, with hole depths ranging from
15m to 848m, with an average depth of 201m. The assay data acquired from
these holes are described in the NSR 2021 resource report.
All validated drill hole data were used directly or indirectly for the preparation
of the resource estimates described in the resource report.
If the exclusion of this information is justified
on the basis that the information is not
Material and this exclusion does not detract
from the understanding of the report, the
Competent Person should clearly explain
why this is the case.
The exclusion of drill hole information is not material and does not detract from
the understanding of the report.
Data
aggregation
methods
In reporting Exploration Results, weighting
averaging techniques, maximum and/or
minimum grade truncations (e.g., cutting of
high grades) and cut-off grades are usually
Material and should be stated.
All reported assay results have been length weighted to provide an
intersection width. A maximum of 2m of barren material (considered < 1gpt)
between mineralised samples has been permitted in the calculation of these
widths. Typically grades over 2.0gpt are considered significant, however,

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
where low grades are intersected in areas of known mineralisation these will
be reported. No top-cutting is applied when reporting intersection results.
Where aggregate intercepts incorporate
short lengths of high grade results and
longer lengths of low grade results, the
procedure used for such aggregation should
be stated and some typical examples of such
aggregations should be shown in detail.
Where an intersection incorporates short lengths of high grade results these
intersections will be reported in addition to the aggregate value. These will
typically take the form of ##.#m @ ##.#gpt including ##.#m @ ##.#gpt.
The assumptions used for any reporting of
metal equivalent values should be clearly
stated.
No metal equivalent values have been used.
Relationship
between
mineralisation
widths and
intercept
lengths
These relationships are particularly important
in the reporting of Exploration Results:
True widths have been calculated for intersections of the known ore zones
based on existing knowledge of the nature of these structures.
If the geometry of the mineralisation with
respect to the drill hole angle is known, its
nature should be reported.
Both the downhole width and true width have been clearly specified when
used.
If it is not known and only the down hole
lengths are reported, there should be a clear
statement to this effect (e.g., ‘down hole
length, true width not known’).
Both down the hole and estimated true widths have been reported.
Diagrams Appropriate maps and sections (with scales)
and tabulations of intercepts should be
included for any significant discovery being
reported These should include, but not be
limited to a plan view of drill hole collar
locations and appropriate sectional views.
Appropriate plans and section have been included at the end of this Table.
Balanced
reporting
Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and high
grades and/or widths should be practiced to
avoid misleading reporting of Exploration
Results.
Both high and low grades have been reported accurately, clearly identified
with the drill hole attributes and ‘From’ and ‘To’ depths.
Other
substantive
exploration
data
Other exploration data, if meaningful and
material, should be reported including (but
not limited to): geological observations;
geophysical survey results; geochemical
survey results; bulk samples – size and
method of treatment; metallurgical test
results; bulk density, groundwater,
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.
No other material exploration data has been collected for this area.
Further work The nature and scale of planned further work
(e.g., tests for lateral extensions or depth
extensions or large-scale step-out drilling).
Drilling will continue in various parts of the mine with the intention of extending
areas of known mineralisation. Areas of focus will be to extend the K2
structure both down dip and along strike to the north. Drilling will also focus on
infilling areas of the resource to improve confidence.
Diagrams clearly highlighting the areas of
possible extensions, including the main
geological interpretations and future drilling
Appropriate diagrams accompany this release.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
areas, provided this information is not
commercially sensitive.

Section 3: Estimation and Reporting of Mineral Resources

(Criteria listed in section 1, and where relevant in section 2, also apply to this section.)

Criteria JORC Code explanation Commentary
Database
integrity
Measures taken to ensure that data has not
been corrupted by, for example,
transcription or keying errors, between its
initial collection and its use for Mineral
Resource estimation purposes.
Sampling and logging data is either recorded on paper and manually entered
into the database system or captured digitally via a logging laptop and directly
loaded into the database system. There are checks in place to avoid duplicate
holes and sample numbers. Where possible, raw data is loaded directly into
the database from laboratory and survey derived files.
Data validation procedures used. The complete exported data base including drill and face samples is brought
into Datamine and checked visually for any apparent errors i.e., holes or faces
sitting between levels or not on surface DTM’s. Multiple checks are then made
on numerical data. This includes:

Empty table checks to ensure all relevant fields are populated

Unique collar location check,

Distances between consecutive surveys is no more than 60m for drill-
holes

Differences in azimuth and dip between consecutive surveys of no more
than 0.3 degrees

The end of hole extrapolation from the last surveyed shot is no more than
30m

Underground face sample lines are not greater than +- 5 degrees from
horizontal
Errors are corrected where possible. When not possible the data is resource
flagged as “No” in the database and the database is re-exported. This data is
not used in the estimation process.
Several drilling programs completed between 2014 and 2016 had erroneous
metre depths recorded, these drill-holes have been omitted from the ore
wireframe interpretations and flagged as invalid. Where there were no QAQC
issue with the assays, the correct intervals were recorded, the translation to
the ‘correct’ location (based on development above and below) applied and
these intervals were appended to the data set before compositing.
In addition to being Resource Flagged as “Yes” or “No”, drill holes are
assigned a Data Class which provides a secondary level of confidence in the
data quality. Data Class (DC) values range from 0 to 3, with criteria
summarised below:

DC 3 = Recent data; all data high quality, validated and all original data
available.

DC 2 = Historic data; may or may not have all data in AcQuire or hard
copy available but has proximity to recent drilling which confirms the
dip, width, and tenor. Used to assist in classification.

DC 1 = Historic data; same criteria as DC 2 but cannot be verified with
recent drilling, i.e., too far away, or dissimilar dip, width and/or tenor
to recent drilling. Not used in Resource estimate.

DC 0 = Historic data; no original information or new drilling in proximity
to verify. Not used in Resource estimate.
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
The geological interpretations underpinning these resource models were
prepared by geologists working in the mine and in direct, daily contact with the
ore body. The estimation of grades was undertaken by personnel familiar with
the ore body and the general style of mineralisation encountered. The Senior
Resource Geologist, a Competent Person for reviewing and signing off on

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
estimations of the Millennium/Centenary lodes maintained a site presence
throughout the process.
If no site visits have been undertaken
indicate why this is the case.
The Competent Person has maintained a presence onsite.
Geological
interpretation
Confidence in (or conversely, the uncertainty
of) the geological interpretation of the
mineral deposit.
The interpretation of the Millennium and Centenary deposits were carried out
using a systematic approach to ensure continuity of the geology and
estimated mineral resource. The confidence in the geological interpretation is
high and is supported with information acquired during ore development as
well as from drilling. The interpretation of all the Millennium and Centenary
mineralisation wireframes was conducted using the sectional interpretation
method. Where development levels were present sectional interpretation was
completed in plan-view at approximately 5m spacing to allow for a better
constrained and geologically realistic wireframe. Where only drilling data was
present, sectional interpretation was completed at approximately 10 - 20m
spacing. Wireframes were checked for unrealistic volumes and updated where
appropriate.
Nature of the data used and of any
assumptions made.
All available geological data was used in the interpretation including mapping,
drill holes, underground face channel data and structural models.
The effect, if any, of alternative
interpretations on Mineral Resource
estimation.
No other interpretations have been tested.
The use of geology in guiding and
controlling Mineral Resource estimation.
The interpretation of the main Millennium and Centenary structures is based
on the presence of quartz veining/shearing and continuity between sections of
these structures and adjacent mineralised structures.
The factors affecting continuity both of grade
and geology.
Within the Centenary Main Vein (K2) structure at Millennium/Centenary, grade
continuity is affected when the percentage of quartz decreases and only a
sheared structure remains. This results in lower grade in areas where only the
shear is present and higher grade where quartz is evident. Within Millennium
North, the shear increases in width and the mineralisation is present as
stockwork veins within the shear. Overall metal content is broadly preserved
but is diluted over a greater width.
Significant dextral offsetting fault structures (Yellowbird Fault and Emu Fault)
affect the continuity of the K2 structure at Millennium. These faults are
interpreted to be post mineralisation and offset the ore between 1 and 20m.
The dilation and silicification of shale in the hanging-wall halo zone of the K2
structure controls grade immediately adjacent to the K2.
Dimensions The extent and variability of the Mineral
Resource expressed as length (along strike
or otherwise), plan width, and depth below
surface to the upper and lower limits of the
Mineral Resource.
The strike length of the Millennium K2 structure is approximately 875m. The
strike length of the Centenary K2 structure is approximately 600m. The
individual ore bodies occur in a major regional Zuleika shear system
extending over tens of kilometres.
Millennium K2 structure is 1.2m wide on average and can be up to 8m at
Millennium North, while Centenary K2 is averages 0.6m wide and can be up
to 3m wide. Both have a minimum width of ~ 0.1m.
Mineralisation is known to occur from the base of cover to around 900m below
surface.
Estimation
and modelling
techniques
The nature and appropriateness of the
estimation technique(s) applied and key
assumptions, including treatment of extreme
grade values, domaining, interpolation
parameters andmaximumdistance of
The Millennium K2 and Centenary K2 mineralisation used 1m composites with
direct grade estimation unless stated otherwise. Some areas at the South and

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
extrapolation from data points. If a computer
assisted estimation method was chosen
include a description of computer software
and parameters used.
Crown of Centenary used full length composites with indirect grade estimation
for consistency with previous estimates.
K2V(Millennium K2) – comprised of higher-grade quartz vein material in the
K2; divided into two grade subdomains based on data density; high density
around development levels and lower density distant to development. Each
subdomain was analysed separately for top cuts. Variography was completed
on the combined subdomains. Both subdomains have a search range of ~60m
in direction 1 and 35m in direction 2. Three passes were used for estimation
with distances for pass 1 generally 66% of the variogram range (although also
driven by the underlying understanding of the local Geology).
K2S(Millennium K2) – comprised of lower grade sheared material at the
southern extent of the K2; divided into two grade subdomains based on data
density; high density around development levels and lower density distant to
development. Each subdomain was analysed separately for top cuts.
Variography was completed on both subdomains combined. Both subdomains
have a search range of ~35m in direction 1 and 30m in direction 2. Three
passes were used for estimation with distances for pass 1 generally 66% of
the variogram range (although also driven by the underlying understanding of
the local Geology).
K2NTH(Millennium K2) – comprised of quartz vein stockwork material within
sheared shale in the north of the K2; divided into two grade subdomains
based on data density; high density around development levels and lower
density distant to development. Each subdomain was analysed separately for
top cuts. Variography was completed on both subdomains combined. Both
subdomains have a search range of ~65m in direction 1 and 40m in direction
2. Three passes were used for estimation with distances for pass 1 generally
66% of the variogram range (although also driven by the underlying
understanding of the local Geology).
HWNTH/FWNTH/HW/FW(Millennium) - hanging wall (HWNTH) and foot wall
(FWNTH) grade halos for the northern portion of K2. Hanging wall (HW) and
foot wall (FW) grade halos for the remainder of K2; All domains were divided
into two grade subdomains based on data density; high density around
development levels and lower density distant to development. Top cut
analysis was completed on each domain separately. Variography was
completed on HW/HWNTH combined and FW/FWNTH combined.
FWNTH/FW domains both had a search range of ~30m in direction 1 and 30m
in direction 2 for both high and low-density subdomains. The HW domain had
a search range of ~60m in direction 1 and 30m in direction 2 for both high and
low subdomains. The HWNTH domain had a search range of ~40m in
direction 1 and 40m in direction 2 for both high and low subdomains. Three
passes were used for estimation with distances for pass 1 generally 66% of
the variogram range (although also driven by the underlying understanding of
the local Geology).
K2(Centenary South) - divided into two grade subdomains based on data
density: high density around development levels and lower density distant to
development. Each subdomain was analysed separately for top cuts.
Variography was completed on both subdomains combined. Both subdomains
have a search range of ~80m in direction 1 and 50m in direction 2. Three
passes were used for estimation with distances for pass 1 generally 66% of
the variogram range (although also driven by the underlying understanding of
the local Geology).
K2(Centenary Crown) - divided into two grade subdomains based on data
density: high density around development levels and lower density distant to
development. Each subdomain was analysed separately for top cuts.
Variography was completed on both subdomains combined. The high-density
subdomain has a search range of ~200m in direction 1 and 125m in direction
2. The low-density subdomain has a search range of ~150m for direction 1
and 100m for direction 2. Three passes were used for estimation with
distances for pass 1 generally 66% of the variogram range (although also
driven by the underlying understanding of the local Geology).
K2(Centenary Deeps) - divided into two grade subdomains based on data
density: high density around development levels and lower density distant to

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
development. Both subdomains were analysed together for top cuts.
Variography was completed on both subdomains combined with channel data
removed. Both subdomains have a search range of ~80m in direction 1 and
70m in direction 2. Three passes were used for estimation with distances for
pass 1 generally 66% of the variogram range (although also driven by the
underlying understanding of the local Geology).
HW/FW Halo(Centenary/ Centenary Crown) - divided into two grade
subdomains based on data density: high density around development levels
and lower density distant to development. Each subdomain was analysed
separately for top cuts. Variography was completed on both subdomains
combined. All domains and subdomains had a search range of ~80m in
direction 1 and ~40m in direction 2. Three passes were used for estimation
with distances for pass 1 generally 66% of the variogram range (although also
driven by the underlying understanding of the local Geology).
Decas1/Decas2- each comprised of one domain analysed separately for top
cuts. An isotropic search was used for both domains. Both domains had
search ranges of 25m in all directions. Estimation was completed using a hard
boundary for both domains. Three passes were used for estimation with
distances for pass 1 generally 66% of the variogram range (although also
driven by the underlying understanding of the local Geology).
The availability of check estimates, previous
estimates and/or mine production records
and whether the Mineral Resource Estimate
takes appropriate account of such data.
An Inverse Distance Squared and Nearest Neighbour estimate is run for
comparison.
The assumptions made regarding recovery
of by-products.
No assumptions are made and only gold is defined for estimation.
Estimation of deleterious elements or other
non-grade variables of economic
significance (e.g., sulphur for acid mine
drainage characterisation).
No deleterious elements estimated in the model.
In the case of block model interpolation, the
block size in relation to the average sample
spacing and the search employed.
Block sizes varied depending on sample density. In areas of high density
underground face sampling, a 5m x 5m x 5m block size was chosen. Lower
data density is defined as drill spacing at approximately 30m - 40m, with a
10m x 10m x 10m block size chosen for these areas.
All the varying block sizes are added together after being estimated
individually.
Search ellipse dimensions were derived from the variogram model ranges.
Any assumptions behind modelling of
selective mining units.
Selective mining units were not used during the estimation process.
Any assumptions about correlation between
variables.
No assumptions have been made.
Description of how the geological
interpretation was used to control the
resource estimates.
Hanging wall and foot wall wire frame surfaces were created using sectional
interpretation. These were used to define the Millennium/Centenary K2 and
hanging wall and footwall halo mineralised zones based on the shearing,
veins, and gold grade.
K2 (Millennium/Centenary) - steeply dipping structure with quartz veining
evident from drilling and development.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Footwall/Hanging wall halo (Millennium/Centenary) - Steeply dipping sheared
structure with minor quartz stringers in the hanging-wall and footwall of the K2
evident from drilling and development.
Decas 1 and Decas 2 - steeply dipping structure with quartz veining evident
from drilling and development.
For mine planning purposes, a waste model is created by projecting the
hanging wall and footwall surfaces 15m either side. A default grade of 0.1gpt
is assigned and the same resource classification as the adjacent ore lode is
applied.
Discussion of basis for using or not using
grade cutting or capping.
Top cuts were applied to the composited sample data. Top cuts were selected
based on a statistical analysis of the data and vary by domain (ranging from
20gpt to 150gpt for individual domains and deposits)
The top cut values are applied in several steps, using influence limitation top
cutting. A top cut (AU) and non-top cut (_NC) variable is created, as well as a
spatial variable (
_IL) which only has values where the top cut values appear;
this applies to both gold and true thickness (TT) top cutting (where indirect
estimation is used). For example, where true thickness and gold both require
a top cut, the following variables will be created and estimated:

AU (top cut gold)

AU_NC (non- top-cut gold)
The top-cut and non-top cut values are estimated using search ranges based
on the variogram, and the _IL values estimated using very small ranges (e.g.,
5m x 5m x 5m). Where the
_IL values produce estimated blocks within these
restricted ranges, the *_NC estimated values replace the original top cut
estimated values (AU).
The process of validation, the checking
process used, the comparison of model data
to drill hole data, and use of reconciliation
data if available.
Statistical measures of Kriging error, such as Kriging Efficiency and Slope of
Regression, are used to assess the quality of the estimation for each domain.
Differences between the declustered, top-cut composite data set and the
average model grade must be within 10%.
Swath plots comparing declustered, top-cut composites to block model grades
are prepared and plots are prepared summarising the critical model
parameters.
Visually, block grades are assessed against drill hole and face data.
Moisture Whether the tonnages are estimated on a
dry basis or with natural moisture, and the
method of determination of the moisture
content.
Tonnages are estimated on a dry basis.
Cut-off
parameters
The basis of the adopted cut-off grade(s) or
quality parameters applied.
The Mineral Resource Estimate has been reported at a 1.63gpt cut off within
2.5m minimum mining width (excluding dilution) MSOs using a $A2,250/oz
gold price.
Mining factors
or
assumptions
Assumptions made regarding possible
mining methods, minimum mining
dimensions and internal (or, if applicable,
external) mining dilution. It is always
necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential mining methods, but the
assumptions made regarding mining
methods and parameters when estimating
Mineral Resources may not always be
No mining assumptions have been made during the resource wireframing or
estimation process.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
rigorous. Where this is the case, this should
be reported with an explanation of the basis
of the mining assumptions made.
Metallurgical
factors or
assumptions
The basis for assumptions or predictions
regarding metallurgical amenability. It is
always necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential metallurgical methods, but the
assumptions regarding metallurgical
treatment processes and parameters made
when reporting Mineral Resources may not
always be rigorous. Where this is the case,
this should be reported with an explanation
of the basis of the metallurgical assumptions
made.
All metallurgy assumptions are based on extensive operating history for the
K2 ore materials through the Kanowna Belle and HBJ processing facilities.
Environmental
factors or
assumptions
Assumptions made regarding possible
waste and process residue disposal options.
It is always necessary as part of the process
of determining reasonable prospects for
eventual economic extraction to consider the
potential environmental impacts of the
mining and processing operation. While at
this stage the determination of potential
environmental impacts, particularly for a
green fields project, may not always be well
advanced, the status of early consideration
of these potential environmental impacts
should be reported. Where these aspects
have not been considered this should be
reported with an explanation of the
environmental assumptions made.
A “Licence to Operate” is held by the operation which is issued under the
requirement of the “Environmental Protection Act 1986”, administered by the
Department of Environment (DoE). The licence stipulates environmental
conditions for the control of air quality, solid waste management, water quality,
and general conditions for operation. Groundwater Licences are held for water
abstraction, including production bore field water use for mineral processing,
and mine dewatering, in accordance with the Rights in Water and Irrigation
Act 1914. These Licences are also regulated by DoE and are renewable on a
regular basis. Kanowna Operations conduct extensive environmental
monitoring and management programs to ensure compliance with the
requirements of the licences and lease conditions. An Environmental
Management System is in place to ensure that Northern Star employees and
contractors meet or exceed environmental compliance requirements.
The Kalgoorlie operations are fully permitted including groundwater extraction
and dewatering, removal of vegetation, mineral processing, and open pits.
Kalgoorlie Operations have been compliant with the International Cyanide
Management Code since 2008.
Compliance with air quality permits is particularly important at Kanowna
because of the roaster operation and because there are three facilities in the
Kalgoorlie region emitting SO2gas. Kanowna has a management program in
place to minimize the impact of SO2on regional air quality and ensure
compliance with regulatory limits.
Bulk density Whether assumed or determined. If
assumed, the basis for the assumptions. If
determined, the method used, whether wet
or dry, the frequency of the measurements,
the nature, size and representativeness of
the samples.
A thorough investigation into average density values for the various
lithological units at Millennium/Centenary was completed and the mean
densities by lithology were coded into the database. Where there were no
measurements for a specific lithology, a default of 2.8 t/m3was applied.
Density was then estimated by Ordinary Kriging using the associated gold
estimation parameters for that domain. Post estimation, default density
values for the oxide and transitional zones were applied, based on regional
averages.
The bulk density for bulk material must have
been measured by methods that adequately
account for void spaces (vugs, porosity,
etc.), moisture and differences between rock
and alteration zones within the deposit.
No/minimal voids are encountered in the ore zones and underground
environment.
Discuss assumptions for bulk density
estimates used in the evaluation process of
the different materials.
Assumptions on the average bulk density of individual lithologies, based on
331 bulk density measurements at Millennium/Centenary. Assumptions were
also made based on regional averages, on the default densities applied to
oxide (1.9 t/m3) and transitional (2.3 t/m3) material.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Classification The basis for the classification of the Mineral
Resources into varying confidence
categories.
Classification is based on a series of factors including:

Geologic grade continuity

Density of available drilling

Statistical evaluation of the quality of the kriging estimate

Confidence in historical data
Whether appropriate account has been
taken of all relevant factors (i.e., relative
confidence in tonnage/grade estimations,
reliability of input data, confidence in
continuity of geology and metal values,
quality, quantity and distribution of the data).
All relevant factors have been given due weighting during the classification
process.
Whether the result appropriately reflects the
Competent Person’s view of the deposit.
The resource model methodology is appropriate and reflects the Competent
Persons view of the deposit.
Audits or
reviews
The results of any audits or reviews of
Mineral Resource Estimates.
All resource models have been subjected to internal peer reviews.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in the
Mineral Resource Estimate using an
approach or procedure deemed appropriate
by the Competent Person. For example, the
application of statistical or geostatistical
procedures to quantify the relative accuracy
of the resource within stated confidence
limits, or, if such an approach is not deemed
appropriate, a qualitative discussion of the
factors that could affect the relative accuracy
and confidence of the estimate.
These Mineral Resource Estimates are considered robust and representative
of the Millennium and Centenary style of mineralisation. The application of
geostatistical methods has helped to increase the confidence of the model
and quantify the relative accuracy of the resource.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
economic evaluation. Documentation should
include assumptions made and the
procedures used.
This resource report relates to the Millennium and Centenary deposits. Each
is a global estimate reflecting the total average tonnes and grade.
These statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
No reconciliation factors are applied to the resource post-modelling.

MILLENIUM CENTENARY

. Long section view of the Millennium-Centenary deposits and the data used in each resource estimate.

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Section 4: Estimation and Reporting of Ore Reserves

(Criteria listed in Section 1, and where relevant in Sections 2 and 3, also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
Resource
Estimate for
conversion to
Ore Reserves
Description of the Mineral Resource
Estimate used as a basis for the conversion
to an Ore Reserve.
Northern Star Resources Limited 2021 Mineral Resource.
Clear statement as to whether the Mineral
Resources are reported additional to, or
inclusive of, the Ore Reserves.
The Mineral Resources are reported inclusive of the Ore Reserve.
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
Site visits have been undertaken by the Competent Person.
If no site visits have been undertaken
indicate why this is the case.
Not applicable
Study status The type and level of study undertaken to
enable Mineral Resources to be converted
to Ore Reserves.
A minimum Pre-Feasibility level study has been completed.
The Code requires that a study to at least
Pre-Feasibility Study level has been
undertaken to convert Mineral Resources to
Ore Reserves. Such studies will have been
carried out and will have determined a mine
plan that is technically achievable and
economically viable, and that material
Modifying Factors have been considered.
Upgrade of previous Ore Reserve.
Cut-off
parameters
The basis of the cut-off grade(s) or quality
parameters applied.
Forward looking forecast costs and physicals form the basis of the cut-off
grade calculations.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
The assumed AUD gold price is at a conservative assumption of
A$1,750/oz
Mill recovery factors are based on test work and historical averages from
the region.
Various cut-off grades are calculated including a break-even cut-off grade
(BCOG), Variable cut-off grade (VCOG) and Mill cut-off grade (MCOG). The
VCOG is used as the basis for stope design, though any areas which are
marginal or require significant development are assessed by a detailed
financial analysis to confirm their profitability.
Mining factors
or
assumptions
The method and assumptions used as
reported in the Pre-Feasibility or Feasibility
Study to convert the Mineral Resource to an
Ore Reserve (i.e., either by application of
appropriate factors by optimisation or by
preliminary or detailed design).
Indicated Resources were converted to Probable Ore Reserves subject to
mine design physicals and an economic evaluation. Stockpiled material was
considered as proved.
The choice, nature and appropriateness of
the selected mining method(s) and other
mining parameters including associated
design issues such as pre-strip, access, etc.
The Kundana Gold Operations (incorporating Millennium, Centenary, Pope
John, Moonbeam and Christmas) is accessed via a portal within the
Centenary open pit. The ore is accessed from the hanging wall from levels at
20m spacing (25m in Millennium North). Top down open stoping methods are
applied and the levels are broken into selectively sized stoping blocks to
maximise production.
The assumptions made regarding
geotechnical parameters (e.g., pit slopes,
stope sizes, etc.), grade control and pre-
production drilling.
The mine design considers well established geotechnical constraints and is
reviewed by geotechnical engineers prior to being finalised.
Historical geological and geotechnical information is gathered from the nearby
operations including Barkers, Strzelecki and Centenary, and operating
Raleigh, Rubicon, Hornet and Pegasus mine are applied to the geotechnical
parameters used.
Grade control is carried out through resource definition drilling and face
sampling of all ore drives.
The major assumptions made and Mineral
Resource model used for pit and stope
optimisation (if appropriate).
This Table 1 applies to underground mining only.
The mining dilution factors used. 10% dilution has been applied to all stopes in Millennium and Millennium
North.
The Centenary Deeps orebody is located within the Centenary Shale host
rock, known to cause external dilution. All stope shapes designed in this
region have been assumed to overbreak to the drive width and individual
dilution factors have been applied based on stope width.
The mining recovery factors used. A calculated 70% recovery is applied to unfilled up hole stopes to account for
pillar requirements.
Any minimum mining widths used. A minimum stope mining width of 2.5m has been used. This considers a
minimum stope width of 1.7m +0.4m dilution in the Hangingwall and +0.4m
dilution in the Footwall.
The manner in which Inferred Mineral
Resources are utilised in mining studies and
the sensitivity of the outcome to their
inclusion.
Designed stopes with greater than 50% inferred blocks are excluded from the
reported Ore Reserve.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
The infrastructure requirements of the
selected mining methods.
Infrastructure in place, currently an operating mine.
Metallurgical
factors or
assumptions
The metallurgical process proposed and the
appropriateness of that process to the style
of mineralisation.
Ore from the Kundana Gold operations is treated at the Jubilee Mill, Kanowna
Belle and Carosue Dam milling facilities, all owned by NSR.
These facilities are designed to process more than 6.7 million tonnes per
annum as a combined throughput (Jubilee – 1Mtpa, Kanowna Belle– 2Mtpa,
Carosue Dam – 3.7Mtpa). All plants have the capability to treat free milling
ores with additional capacity at the Kanowna Belle facility to treat refractory
material. Ore is treated either using the flotation circuit and associated
concentrate roaster circuit (including carbon-in-leach (CIL) gold recovery) or
bypassing the flotation circuit and going directly to a CIL circuit designed to
treat flotation tails. The plants campaign both refractory and free milling ores
every month.
Whether the metallurgical process is well-
tested technology or novel in nature.
Plus 20 years milling experience with Kundana ores.
The nature, amount and representativeness
of metallurgical test work undertaken, the
nature of the metallurgical domaining
applied and the corresponding metallurgical
recovery factors applied.
Plus 20 years milling experience with Kundana ores.
Any assumptions or allowances made for
deleterious elements.
No assumptions made.
The existence of any bulk sample or pilot
scale test work and the degree to which
such samples are considered representative
of the orebody as a whole.
Plus 20 years milling experience with Kundana ores.
For minerals that are defined by a
specification, has the ore Reserve
estimation been based on the appropriate
mineralogy to meet the specifications?
Not applicable.
Environmental The status of studies of potential
environmental impacts of the mining and
processing operation. Details of waste rock
characterisation and the consideration of
potential sites, status of design options
considered and, where applicable, the status
of approvals for process residue storage and
waste dumps should be reported.
Millennium, Centenary and Pope John are currently compliant with all legal
and regulatory requirements. All government permits and Licences and
statutory approvals are either granted or in the process of being granted.
Infrastructure The existence of appropriate infrastructure:
availability of land for plant development,
power, water, transportation (particularly for
bulk commodities), labour, accommodation;
or the ease with which the infrastructure can
be provided, or accessed.
All current site infrastructure is suitable to the proposed mining plan.
Costs The derivation of, or assumptions made,
regarding projected capital costs in the
study.
Mine development capital cost based on historical performance on site and
life-of-mine forward planning. Plant and equipment capital are based on site
operating experience and the LOM plan.

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Criteria JORC Code explanation Commentary
The methodology used to estimate operating
costs.
All overhead costs and operational costs are projected forward on an AUD $/t
based on historical data.
Allowances made for the content of
deleterious elements.
No allowances made.
The derivation of assumptions made of
metal or commodity price(s), for the principal
minerals and co- products.
Single commodity pricing for gold only, using a long-term gold price of
A$1,750/oz, 2.5% WA state Government Royalty, as per NSR corporate
guidance.
The source of exchange rates used in the
study.
All rates considered in Australian Dollars (AUD) as per NSR corporate
guidance.
Derivation of transportation charges. Historic performance.
The basis for forecasting or source of
treatment and refining charges, penalties for
failure to meet specification, etc.
Historic performance.
The allowances made for royalties payable,
both Government and private.
All State Govt. and third-party royalties are built into the cost model.
Revenue
factors
The derivation of, or assumptions made
regarding revenue factors including head
grade, metal or commodity price(s)
exchange rates, transportation and
treatment charges, penalties, net smelter
returns, etc.
All revenue based on a gold price of A$1,750/oz.
The derivation of assumptions made of
metal or commodity price(s), for the principal
metals, minerals and co-products.
Corporate guidance.
Market
assessment
The demand, supply and stock situation for
the particular commodity, consumption
trends and factors likely to affect supply and
demand into the future.
All product is assumed sold direct at spot market prices
A customer and competitor analysis along
with the identification of likely market
windows for the product.
Not relevant for gold.
Price and volume forecasts and the basis for
these forecasts.
Not relevant for gold.
For industrial minerals the customer
specification, testing and acceptance
requirements prior to a supply contract.
Not relevant for gold.
Economic The inputs to the economic analysis to
produce the net present value (NPV) in the
study, the source and confidence of these
economic inputs including estimated
inflation, discount rate, etc.
All costs assumptions are made based on historical performance from the
mine and current economic forecast seen as representative of current market
conditions.

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Criteria JORC Code explanation Commentary
NPV ranges and sensitivity to variations in
the significant assumptions and inputs.
Sensitivities assessed at varying gold prices.
Social The status of agreements with key
stakeholders and matters leading to social
licence to operate.
Agreements are in place and are current with all key stakeholders.
Other To the extent relevant, the impact of the
following on the project and/or on the
estimation and classification of the Ore
Reserves:
No issues foreseen.
Any identified material naturally occurring
risks.
No issues foreseen.
The status of material legal agreements and
marketing arrangements.
No issues foreseen.
The status of governmental agreements and
approvals critical to the viability of the
project, such as mineral tenement status,
and government and statutory approvals.
There must be reasonable grounds to
expect that all necessary Government
approvals will be received within the
timeframes anticipated in the Pre-Feasibility
or Feasibility study. Highlight and discuss
the materiality of any unresolved matter that
is dependent on a third party on which
extraction of the Reserve is contingent.
No issues foreseen.
Classification The basis for the classification of the Ore
Reserves into varying confidence
categories.
All Ore Reserves include Proved and Probable classifications. These
classifications are based on Mineral Resource classifications as modified by
subsequent grade control drilling and face sampling results.
Whether the result appropriately reflects the
Competent Person’s view of the deposit.
The results appropriately reflect the Competent Persons view of the deposit.
The proportion of Probable Ore Reserves
that have been derived from Measured
Mineral Resources (if any).
None.
Audits or
reviews
The results of any audits or reviews of Ore
Reserve estimates.
This Ore Reserve has been prepared and peer reviewed internally within
Northern Star Resources. There have been no external reviews of this Ore
Reserve estimate.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in the
Ore Reserve estimate using an approach or
procedure deemed appropriate by the
Competent Person. For example, the
application of statistical or geostatistical
procedures to quantify the relative accuracy
of the Reserve within stated confidence
limits, or, if such an approach is not deemed
appropriate, a qualitative discussion of the
factors which could affect the relative
accuracy and confidence of the estimate.
Confidence in the model and Ore Reserve is considered high based on
nearby Northern Star operated mines along the same ore bearing structures
and the previous 12 months development and stope performance at the
Millennium Operation.

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Criteria JORC Code explanation Commentary
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
economic evaluation. Documentation should
include assumptions made and the
procedures used.
Ore Reserves are best reflected as global estimates.
Accuracy and confidence discussions
should extend to specific discussions of any
applied Modifying Factors that may have a
material impact on Ore Reserve viability, or
for which there are remaining areas of
uncertainty at the current study stage.
Other than dilution and recovery factors described above, no additional
modifying factors applied. There is high confidence in these models as the
areas are well known and well drilled.
It is recognised that this may not be possible
or appropriate in all circumstances. These
statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
Reconciliation results from past mining at Centenary, Millennium and Pope
John reflect estimates in the Ore Reserve estimates.

JORC Code, 2012 Edition – Table 1 Report Pope John: Resources and Reserves – 31 March 2021

Section 1: Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria JORC Code explanation Commentary
Sampling
techniques
Nature and quality of sampling (e.g., cut
channels, random chips, or specific
specialised industry standard measurement
tools appropriate to the minerals under
investigation, such as down hole gamma
sondes, or handheld XRF instruments, etc.).
These examples should not be taken as
limiting the broad meaning of sampling.
A combination of sample types was used to collect material for analysis
including underground diamond drilling (DD), surface diamond drilling (RC) and
face channel (FC) sampling. RAB holes were excluded from the estimate.
Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any measurement
tools or systems used.
DD drilling is sampled within geological boundaries with a minimum (0.3m) and
maximum (1.0m) sample length. Face channel sampling is constrained within
geological and mineralised boundaries with a minimum (0.2m) and maximum
(1.0m) channel sample length.
Aspects of the determination of mineralisation
that are Material to the Public Report. In
cases where ‘industry standard’ work has
been done this would be relatively simple
(e.g., ‘reverse circulation drilling was used to
obtain 1m samples from which 3kg was
pulverised to produce a 30g charge for fire
assay’). In other cases, more explanation may
be required, such as where there is coarse
gold that has inherent sampling problems.
Unusual commodities or mineralisation types
DD drill core was nominated for either half core or full core sampling. Core
designated for half core was cut using an automated core saw. The mass of
material collected will depend on the drill hole diameter and sampling interval
selected. Core designated for full core was broken with a rock hammer if
sample segments were too large to fit into sample bags.
A sample size of at least 3kg of material was targeted for each face sample
interval.
All samples were delivered to a commercial laboratory where they were dried,
crushed to 95% passing 3mm if required, at this point large samples may be

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Criteria JORC Code explanation Commentary
(e.g., submarine nodules) may warrant
disclosure of detailed information.
split using a rotary splitter, pulverisation to 95% passing 75µm, a 40g charge
was selected for fire assay.
Drilling
techniques
Drill type (e.g., core, reverse circulation, open-
hole hammer, rotary air blast, auger, Bangka,
sonic, etc.) and details (e.g., core diameter,
triple or standard tube, depth of diamond tails,
face-sampling bit or other type, whether core
is oriented and if so, by what method, etc.).
Both RC and Diamond Drilling techniques were used to drill the Pope John
deposit.
Surface diamond drill holes were completed using HQ2 (63.5mm) core whilst
underground diamond drillholes were NQ2 (50.5mm) core.
Historically, core was orientated using the Reflex ACT Core orientation system.
Currently, core is orientated using the Boart Longyear Trucore Core Orientation
system.
RC Drilling was completed using a 5.75” drill bit, downsized to 5.25” at depth.
In many cases, RC pre-collars were drilled followed by diamond tails. Pre-collar
depth was determined in the drill design phase depending on the target been
drilled and production constraints.
Drill
sample
recovery
Method of recording and assessing core and
chip sample recoveries and results assessed.
For DD drilling, any core loss is recorded on the core block by the driller. This is
then captured by the logging geologist and entered as interval into the hole log.
Measures taken to maximise sample recovery
and ensure representative nature of the
samples.
For diamond drilling the contractors adjust their rate of drilling and method if
recovery issues arise. All recovery is recorded by the drillers on core blocks.
This is checked and compared to the measurements of the core by the
geological team. Any issues are communicated back to the drilling contractor.
Whether a relationship exists between sample
recovery and grade and whether sample bias
may have occurred due to preferential
loss/gain of fine/coarse material.
Recovery was excellent for diamond core and no relationship between grade
and recovery was observed. Average recovery across the Kundana camp is at
99%.
Logging Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate Mineral
Resource estimation, mining studies and
metallurgical studies.
All diamond core and RC chips are logged for lithology, veining, alteration,
mineralisation and structural. Structural measurements of specific features are
also taken through oriented zones.
Logging is entered in AcQuire using a series of drop-down menus which contain
the appropriate codes for description of the rock.
Most underground faces are logged for lithology and mineralisation. Logging is
captured on a face sample sheet underground which is then transferred to
AcQuire. Faces are then input into AcQuire using a series of drop-down menus
which contain appropriate codes for description of the rock.
Whether logging is qualitative or quantitative
in nature. Core (or costean, channel, etc.)
photography.
All core logging is qualitative with mineralised zones assayed for quantitative
measurements. Every core tray is photographed wet.
Underground faces are logged and sampled to provide both qualitative and
quantitative data. All faces are washed down and photographed before
sampling is completed.
The total length and percentage of the
relevant intersections logged.
For all drill holes, the entire length of the hole was logged.
Sub-
sampling
techniques
and sample
preparation
If core, whether cut or sawn and whether
quarter, half or all core taken.
DD drill core was nominated for either half core or full core sampling. Core
designated for half core was cut in half using an automated core saw. The mass
of material collected will depend on the drill hole diameter and sampling interval
selected. Core designated for full core was broken with a rock hammer if
sample segments were too large to fit into sample bags.

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Criteria JORC Code explanation Commentary
If non-core, whether riffled, tube sampled,
rotary split, etc. and whether sampled wet or
dry.
All RC samples are split using a rig-mounted cone splitter to collect a sample 3
- 4kg in size from each 1m interval. These samples were utilised for any zones
approaching known mineralization and from any areas identified as having
anomalous gold. Outside known mineralised zones spear samples were taken
over a 4m interval for composite sampling.
For all sample types, the nature, quality and
appropriateness of the sample preparation
technique.
Preparation of NSR samples was conducted at Bureau Veritas Kalgoorlie and
Perth facilities, while surface exploration drilling was sent to Genalysis.
Underground drill core was processed at ALS Global Kalgoorlie and Perth
facilities due to limited lab capacity at Bureau Veritas. Sample preparation
commenced with sorting, checking, and drying at less than 110°C to prevent
sulphide breakdown. Samples are jaw crushed to a nominal -6mm particle size.
If the sample is greater than 3kg a Boyd crusher with rotary splitter is used to
reduce the sample size to less than 3kg (typically 1.5kg) at a nominal <3mm
particle size.
The entire crushed sample (if less than 3kg) or sub-sample is then pulverised to
90% passing 75µm, using a Labtechnics LM5 bowl pulveriser. 400g pulp
subsamples are then taken with an aluminium scoop and stored in labelled pulp
packets.
The sample preparation is considered appropriate for the deposit.
Quality control procedures adopted for all sub-
sampling stages to maximise representivity of
samples.
Procedures are utilised to guide the selection of sample material in the field.
Standard procedures are used for all processes within the laboratory. Grind
checks are performed at the pulverising stage requiring at least 90% of material
to pass below 75µm.
Measures taken to ensure that the sampling is
representative of the in-situ material collected,
including for instance results for field duplicate
/ second-half sampling.
Umpire sampling selection is conducted on all the Kundana core samples as an
entire batch. A minimum of 3% of the samples processed each month are
selected to be sent to the ALS Perth check lab.
Whether sample sizes are appropriate to the
grain size of the material being sampled.
Samples sizes collected are considered appropriate for the material sampled.
Quality of
assay data
and
laboratory
tests
The nature, quality and appropriateness of the
assaying and laboratory procedures used and
whether the technique is considered partial or
total.
A 40g fire assay charge is used with a lead flux in the furnace. The prill is totally
digested by HCl and HNO3acids before Atomic Absorption Spectroscopy (AAS)
determination for gold analysis.
For geophysical tools, spectrometers,
handheld XRF instruments, etc., the
parameters used in determining the analysis
including instrument make and model, reading
times, calibrations factors applied and their
derivation, etc.
No geophysical tools were used to determine and element concentrations.
Nature of quality control procedures adopted
(e.g., standards, blanks, duplicates, external
laboratory checks) and whether acceptable
levels of accuracy (i.e., lack of bias) and
precision have been established.
Certified reference materials (CRMs) are inserted into the sample sequence at
a rate of 1 per 20 samples to ensure correct calibration. Any values outside of 3
standard deviations are re-assayed with a new CRM.
Blanks are inserted into the sample sequence at a rate of 1 per 20 samples.
The insertion points are selected at random, except where high grade
mineralisation is expected. In these cases, a Blank is inserted after the high-
grade sample to test for contamination. Results greater than 0.2gpt if received
are investigated, and re-assayed if appropriate. New pulps are prepared if
anomalous results cannot be resolved.
Barren flushes are regularly inserted after anticipated high gold grades at the
pulverising stage.

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Criteria JORC Code explanation Commentary
No field duplicates were submitted for diamond core.
Pulp duplicates are requested after any ore zone. These are indicated on the
sample sheet and submission sheet.
When visible gold is observed in core, a quartz flush is requested after the
sample.
Laboratory performance was monitored using the results from the QA samples
mentioned above. This was supplemented by the internal QA samples used by
the laboratories, which included pulp duplicates and CRMs.
The QA studies indicate that accuracy and precision are within industry
accepted limits.
Verification
of
sampling
and
assaying
The verification of significant intersections by
either independent or alternative company
personnel.
All significant intersections are verified by another Northern Star geologist
during the drill hole validation process, and later by a Competent Person to be
signed off.
The use of twinned holes. No dedicated twinned holes were drilled for this data set. Re-drilling of some of
the drillholes has occurred due to issues downhole (e.g., bogged rods). These
have been captured in the database as an ‘A’. Re-drilled holes are sampled
whilst the original drillhole is logged but not sampled.
Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.
Geological logging and sampling are directly recorded into AcQuire. Assay files
are received in .cvs, .pdf and .sif formats. The .cvs’ are loaded directly into
the database using an AcQuire importer object. Assays are then processed
through a form in AcQuire for QAQC checks. Noneditable electronic copies of
these are stored.
Discuss any adjustment to assay data. No adjustments are made to this assay data. If there are issues with the results
files received, amended versions are requested from the lab.
Location of
data points
Accuracy and quality of surveys used to
locate drill holes (collar and down-hole
surveys), trenches, mine workings and other
locations used in Mineral Resource
estimation.
Planned holes are marked up by the mine survey department using a total
station survey instrument in mine grid (Kundana 10). The actual hole position is
then located by the mine survey department once drilling is completed.
Holes are lined up on the collar point using the DHS Minnovare Azimuth
Aligner. Planned azimuths and dips of the holes are downloaded to the aligner
which is then placed on the rod string to align the hole for drilling.
During drilling, single shot surveys are conducted every 30m to track the
deviation of the hole and to ensure it stays close to design. This is performed
using the DeviShot camera which measures the gravitational dip and magnetic
azimuth. Results are uploaded from the DeviShot software into a .cvs format
which is then imported into the AcQuire database. At the completion of the hole,
a Multishot DeviFlex survey is completed taking measurements every 3m to
ensure accuracy of the hole. The is a relative change survey which is then
referenced back to the Azimuth aligner to provide an accurate, continuous
nonmagnetic survey. This is also converted to
.cvs format and imported into
the AcQuire database.
Specification of the grid system used. Collar coordinates are recorded in mine grid (Kundana 10) and transformed into
MGA94_51.
Quality and adequacy of topographic control. Quality topographic control has been achieved through Lidar data and survey
pickups of holes over the last 15 years.
Data
spacing
Data spacing for reporting of Exploration
Results.
Drillhole spacing varies across the deposit. For Resource Targeting drilling
spacing was typically a minimum of 80m x 80m. This allowed for infill drilling at
40m x 40m spacing known as Resource Definition. Grade control drilling was

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Criteria JORC Code explanation Commentary
and
distribution
drilled on a level by level as required basis with drill spacing at 20m x 20m and
down to 10m x 10m.
Whether the data spacing and distribution is
sufficient to establish the degree of geological
and grade continuity appropriate for the
Mineral Resource and Ore Reserve
estimation procedure(s) and classifications
applied.
The data spacing and distribution is considered sufficient to support the
Resource and Reserve estimates.
Whether sample compositing has been
applied.
No sample compositing has been applied.
Orientation
of data in
relation to
geological
structure
Whether the orientation of sampling achieves
unbiased sampling of possible structures and
the extent to which this is known, considering
the deposit type.
A majority of the mineralisation in the Pope John deposit dips steeply (71°) to
the WSW. Diamond drilling was designed to target the ore bodies perpendicular
to this orientation to allow for an ideal intersection angle. Instances where this
was not achievable (mostly due to drill platform location), drilling was not
completed or re-designed once a suitable platform became available.
Drillholes with low intersection angles will be excluded from resource estimation
where more suitable data is available.
If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to have
introduced a sampling bias, this should be
assessed and reported if material.
No sampling bias is considered to have been introduced by the drilling
orientation. Where drillholes have been particularly oblique, they have been
flagged as unsuitable for resource estimation.
Sample
security
The measures taken to ensure sample
security.
Prior to laboratory submission samples are stored by Northern Star Resources
in a secure yard. Once submitted to the laboratories they are stored in a secure
fenced compound, tracked through their chain of custody and via audit trails.
Audits or
reviews
The results of any audits or reviews of
sampling techniques and data.
No audits have been undertaken of the data and sampling practices at this
stage.

Section 2: Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
tenement and
land tenure
status
Type, reference name/number, location and
ownership including agreements or material
issues with third parties such as joint
ventures, partnerships, overriding royalties,
native title interests, historical sites,
wilderness or national park and
environmental settings.
All holes mentioned in this report are located within the M16/87, M16/72,
M16/157 tenements, which are owned by Kundana Gold Pty Ltd a wholly
owned subsidiary of Northern Star Resources. There are no private royalty
agreements applicable to this tenement.
The security of the tenure held at the time of
reporting along with any known impediments
to obtaining a licence to operate in the area.
No known impediments exist, and the tenements are in good standing.
Exploration
done by other
parties
Acknowledgment and appraisal of
exploration by other parties.
Early exploration was completed in the 1980s by White Flag Joint Venture with
the development and operation of South Pit. Modern mining continued in late

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Criteria JORC Code explanation Commentary
1980s with the Kundana North and Strzelecki Open pits. Mining continued
through to 1999 when the Centenary Underground ceased operations.
Exploration continued over the camp through various companies including
Placer Dome and Barrick Gold.
Early 2014 saw Northern Star Resources purchase the Kundana camp from
Barrick Gold and mining recommenced in March 2014. Millennium was
discovered in the 2015 and commenced mining in 2017. Mining of the Pope
John deposit commenced in 2019.
Geology Deposit type, geological setting and style of
mineralisation.
The Kundana camp is situated within the Norseman-Wiluna Greenstone Belt,
in an area dominated by the Zuleika shear zone, which separates the
Coolgardie domain from the Ora Banda domain.
K2-style mineralisation consists of narrow vein deposits hosted by shear
zones located along steeply dipping overturned lithological contacts. The K2
structure is present along the contact between a black shale unit (Centenary
shale) and intermediate volcaniclastics (Black Flag Group).
Pope John is on the Centenary K2 trend. The deposit extends between the
Pope John Fault in the north through to the Lucifer Fault in the south. At the
Lucifer Fault, the K2 horizon is offset approximately 200m to the south west
and becomes the Moonbeam deposit. The Pope John lode is locally offset by
several smaller mine scale faults in between the two larger regional faults. The
K2 mineralization is typical of the area with a high-grade laminated quartz vein
being the primary gold hosting unit with minor halo grade disseminated around
this structure in the Centenary Shale and Black Flag volcaniclastics.
Drill hole
Information
A summary of all information material to the
understanding of the exploration results
including a tabulation of the following
information for all Material drill holes:
easting and northing of the drill hole
collar
elevation or RL (Reduced Level –
elevation above sea level in metres) of
the drill hole collar
dip and azimuth of the hole
down hole length and interception depth
hole length.
A summary of the data present in the Pope John deposits can be found
above.
Collar locations are presented in plots contained in the NSR 2021 resource
report.
Drillholes vary in survey dip from +29° to -84°, with hole depths ranging from
80m to 753m, with an average depth of 282m. The assay data acquired from
these holes are described in the NSR 2021 resource report.
All validated drill hole data were used directly or indirectly for the preparation
of the resource estimates described in the resource report.
If the exclusion of this information is justified
on the basis that the information is not
Material and this exclusion does not detract
from the understanding of the report, the
Competent Person should clearly explain
why this is the case.
The exclusion of drill hole information is not material and does not detract from
the understanding of the report.
Data
aggregation
methods
In reporting Exploration Results, weighting
averaging techniques, maximum and/or
minimum grade truncations (e.g., cutting of
high grades) and cut-off grades are usually
Material and should be stated.
Any reported assay results have been length weighted to provide an
intersection width. A maximum of 2m of barren material (considered < 1gpt)
between mineralised samples has been permitted in the calculation of these
widths. Typically grades over 2.0gpt are considered significant, however,
where low grades are intersected in areas of known mineralisation these will
be reported. No top-cutting is applied when reporting intersection results.
Where aggregate intercepts incorporate
short lengths of high grade results and
longer lengths of low grade results, the
procedure used for such aggregation should
be stated and some typical examples of
Where an intersection incorporates short lengths of high grade results these
intersections will be reported in addition to the aggregate value. These will
typically take the form of ##.#m @ ##.#gpt including ##.#m @ ##.#gpt.

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Criteria JORC Code explanation Commentary
such aggregations should be shown in
detail.
The assumptions used for any reporting of
metal equivalent values should be clearly
stated.
No metal equivalent values have been used for the reporting of these
exploration results.
Relationship
between
mineralisation
widths and
intercept
lengths
These relationships are particularly
important in the reporting of Exploration
Results:
True widths have been calculated for intersections of the known ore zones,
based on existing knowledge of the nature of these structures.
If the geometry of the mineralisation with
respect to the drill hole angle is known, its
nature should be reported.
Both the downhole width and true width have been clearly specified when
used.
If it is not known and only the down hole
lengths are reported, there should be a clear
statement to this effect (e.g., ‘down hole
length, true width not known’).
It is known and has been reported as such.
Diagrams Appropriate maps and sections (with scales)
and tabulations of intercepts should be
included for any significant discovery being
reported These should include, but not be
limited to a plan view of drill hole collar
locations and appropriate sectional views.
Appropriate plans and section have been included at the end of this Table.
Balanced
reporting
Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and high
grades and/or widths should be practiced to
avoid misleading reporting of Exploration
Results.
Both high and low grades have been reported accurately, clearly identified
with the drill hole attributes and ‘From’ and ‘To’ depths.
Other
substantive
exploration
data
Other exploration data, if meaningful and
material, should be reported including (but
not limited to): geological observations;
geophysical survey results; geochemical
survey results; bulk samples – size and
method of treatment; metallurgical test
results; bulk density, groundwater,
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.
No other material exploration data has been collected for this area.
Further work The nature and scale of planned further work
(e.g., tests for lateral extensions or depth
extensions or large-scale step-out drilling).
Drilling will continue in various parts of the mine with the intention of extending
areas of known mineralization. Areas of focus will be to extend the K2
structure both down dip and along strike to the north. Drilling will also focus on
infilling areas of the resource to improve confidence.
Diagrams clearly highlighting the areas of
possible extensions, including the main
geological interpretations and future drilling
areas, provided this information is not
commercially sensitive.
Appropriate diagrams accompany this release.

Section 3: Estimation and Reporting of Mineral Resources (Criteria listed in section 1, and where relevant in section 2, also apply to this section.)

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Database
integrity
Measures taken to ensure that data has not
been corrupted by, for example,
transcription or keying errors, between its
initial collection and its use for Mineral
Resource estimation purposes.
Sampling and logging data is either recorded on paper and manually entered
into a database system or captured digitally via a logging laptop and directly
loaded into the database system. There are checks in place to avoid duplicate
holes and sample numbers. Where possible, raw data is loaded directly into
the database from laboratory and survey derived files.
Northern Star personnel have validated the database during the interpretation
of the mineralisation, with any drill holes containing dubious data excluded
from the MRE. Northern Star provided a list of holes to be excluded from the
MRE and the reasons behind those exclusions.
Data validation procedures used. The complete exported data base including drill and face samples is brought
into Datamine RM and checked visually for any apparent errors i.e., holes or
faces sitting between levels or not on surface DTM’s. Multiple checks are then
made on numerical data including:

Empty table checks to ensure all relevant fields are populated

Unique collar location check,

Distances between consecutive surveys is no more than 50m for drill-
holes

Differences in azimuth and dip between consecutive surveys of no more
than 0.3 degrees

The end of hole extrapolation from the last surveyed shot is no more than
30m

Underground face sample lines are not greater than +- 5 degrees from
horizontal
Errors are corrected where possible. When not possible the data is resource
flagged as “No” in the database and the database is re-exported. This data
will not be used in the estimation process.
In addition to being validated, drill holes are assigned a Data Class, which
provides a secondary level of confidence in the quality of the data. A review
of all the historic data for Pope John was undertaken in 2018 and Data Class
(DC) values from 0-3 assigned, criteria summarised below:
DC 3 = Recent data; all data high quality, validated and all original data
available.
DC 2 = Historic data; may or may not have all data in AcQuire or hard copy
available but has proximity to recent drilling which confirms the dip, width
and tenor. Used to assist in classification.
DC 2 = Recent data; minor issues with data but not proximal to the ore
zone.
DC 1 = Historic data; same criteria as DC 2 but cannot be verified with
recent drilling, i.e., too far away or too dissimilar dip, width and/or tenor to
recent drilling. Not used in Resource estimate.
DC 0 = Historic data; no original information or new drilling in proximity to
verify. Not used in Resource estimate.
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
The geological interpretations underpinning these resource models have been
prepared by geologists working in the mine and in direct, daily contact with the
ore body. The estimation of grades was undertaken by personnel familiar with
the ore body and the general style of mineralisation encountered. The Senior
Resource Geologist, a competent person for reviewing and signing off on
estimations of the Pope John lode maintained a site presence throughout the
process.
If no site visits have been undertaken
indicate why this is the case.
The Competent Person has maintained a presence onsite.
Geological
interpretation
Confidence in (or conversely, the uncertainty
of) the geological interpretation of the
mineral deposit.
The interpretation of the Pope John deposit has been carried out using a
systematic approach to ensure continuity of the geology and estimated
mineral resource. The confidence in the geological interpretation is high and
is supported with information acquired during ore development as well as from
drilling.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
The interpretation of the Pope John mineralisation wireframe was conducted
using the sectional interpretation method in Datamine RM software. Where
development levels were present sectional interpretation was completed in
plan-view at approximately 5m - 10m spacing to allow for a better constrained
and geologically realistic wireframe.
Where only drilling data was present sectional interpretation was completed at
approximately 20m spacing. Wireframes were checked for unrealistic volumes
and updated where appropriate.
Nature of the data used and of any
assumptions made.
All available geological data was used in the interpretation including mapping,
drill holes, underground face channel data and structural models.
The effect, if any, of alternative
interpretations on Mineral Resource
estimation.
Due to the close spaced nature of the data from the recent mining and the
consistency of the structure conveyed by this dataset, no alternative
interpretations have been considered.
The use of geology in guiding and
controlling Mineral Resource estimation.
The interpretation of the main Pope John structure is based on the presence
of quartz veining/shearing and continuity between sections of these structures
and adjacent mineralised structures.
The factors affecting continuity both of grade
and geology.
The structure is reasonably continuous over the length of the deposit with
either quartz veining, the shear or the controlling structure used to guide this
interpretation. At the southern end of the deposit, a significant number of
dextral offsetting fault structures affect the continuity of the K2 structure at
Pope John. These faults are interpreted to be post-mineralisation and offset
the ore between 1m and 15m. Several other smaller structures have been
intersected during development with offset of up to a metre. These structures
have been wireframed to account for any potential ore volume loss.
The Pope John Fault controls the extent of the mineralisation at the northern
end of the deposit. The Lucifer fault at the Southern end of the deposit
terminates the K2 orebody.
The grade continuity within the K2 exists as a high grade, south trending
plunge within the plane of mineralisation.
The Moonbeam deposit is the offset of the Pope John K2 along the Lucifer
fault ~200m to the south-west. A hard boundary is assumed between Pope
John and Moonbeam due to the unknown vertical offset component of the
fault.
Dimensions The extent and variability of the Mineral
Resource expressed as length (along strike
or otherwise), plan width, and depth below
surface to the upper and lower limits of the
Mineral Resource.
The strike length of the Pope John K2 structure is approximately 450m. The
K2 mineralisation occurs in a major regional shear system extending over tens
of kilometres.
Pope John K2 is ~ 0.5m wide and can be up to 1.5m wide with a minimum
width of ~ 0.1m.
The K2E orebody is situated in the hangingwall of the K2 on the contact
between the Victorious Basalt and Centenary Shale and comprises quartz
veining and intense biotite alteration. It currently has a strike length of 40m
and extends 30m down dip but is open in all directions. With further
development and drilling, the extent and continuity of the mineralisation may
increase.
Mineralisation is known to occur from the base of cover to around 625m below
surface.
The nature and appropriateness of the
estimation technique(s) applied and key
assumptions, including treatment of extreme
grade values, domaining, interpolation
The Pope John K2, K2E, footwall (FW) and hanging wall (HW) domains used
1.0m composites with direct grade estimation of gold. Except for K2E, the gold
grade estimation has been completed using Ordinary Kriging (OK), utilising a

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Criteria JORC Code explanation Commentary
Estimation
and modelling
techniques
parameters and maximum distance of
extrapolation from data points. If a computer
assisted estimation method was chosen
include a description of computer software
and parameters used.
three-pass search strategy using Datamine Studio RM software. Details of the
estimation parameters for each mineralisation zone are summarised below.
K2- divided into two subdomains based on data density and two further
subdomains (upper and lower) based on grade. The high-density subdomain
surrounds development levels and lower density subdomain is distant to
development. Within the data density subdomains, the face data and drill hole
data were analysed and top cut using the influence limitation approach
separately. 150gpt Au and 50gpt Au was used for faces and drillholes,
respectively. Once top cut, the data was combined and variography
completed on the composite file, indicating grade continuity in the SE plunge
direction. The high-density data had a search range of 30m in direction 1 and
2, the low-density data subdomain had a search range of 225m in direction 1
and direction 2. Three passes were used for estimation with distances based
on the variogram. The upper grade subdomain comprises predominantly low-
grade RC drilling. The lower grade subdomain comprises high grade drilling
and channels from the remainder of the K2 domain and includes both data
density subdomains. The upper and lower grade subdomains were estimated
separately using a hard boundary to restrict the sharing ofmetal between the
two areas.
K2E- estimated using ID2with a three-pass search strategy, using an
isotropic search ellipse, 50m x 50m x 50m. A drill hole restriction of a
maximum of 3 samples per drill hole was applied to all 3 search passes. This
ensures that at least two drillholes are used to inform the estimate.
HW Halo/FW Halo- estimated using OK and a three-pass estimation
strategy. The same subdomaining strategy as the K2 was applied to both
halos, they were divided into two subdomains based on data density: high
density around development levels and lower density distal to development.
Within the subdomains, the face data and drill hole data were analysed and
top cut using the influence limitation approach separately. The HW halo used
23gpt Au and 7gpt Au for face and drillholes respectively, the FW halo used
30gpt Au and 7gpt Au for faces and drillholes, respectively. The top cut
subdomain composite files were combined for variography for each halo. For
both FW and HW halos, estimation was completed using a soft boundary
between the high and low-density subdomains.
The availability of check estimates, previous
estimates and/or mine production records
and whether the Mineral Resource Estimate
takes appropriate account of such data.
K2 mineralisation zones had check estimates using Inverse Distance power of
2 (ID2) and Nearest Neighbour (NN) completed as a comparison. K2E
mineralised zone had a check estimate using NN completed as a comparison.
FW/HW halo zones had an ID2 check estimate completed. All estimates have
been compared to the previous MRE.
The assumptions made regarding recovery
of by-products.
No assumptions have been made regarding recovery of any by-products.
Estimation of deleterious elements or other
non-grade variables of economic
significance (e.g., sulphur for acid mine
drainage characterisation).
No deleterious elements have been considered and therefore estimated for
this deposit.
In the case of block model interpolation, the
block size in relation to the average sample
spacing and the search employed.
The data spacing varies considerably within the deposit, ranging from
underground development samples (every 3m along strike x 25m down dip) to
drill hole intercepts which varied from grade control spacing at 20m (along
strike) x 25m (down dip) to resource definition spacing at 40m (along strike) x
50m (down dip).
As such, the block sizes varied depending on sample density. In areas of
high-density, a 5m x 5m x 5m block size was chosen. For lower-density
drilling (where no development was present) a block size of 10m x 10m x 10m
was chosen.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
All the varying block sizes are added together after being estimated
individually.
Search ellipse dimensions were derived as a ratio of the variogram range
(dependent on the underlying Geology of each domain).
Any assumptions behind modelling of
selective mining units.
No selective mining units are assumed in this estimate.
Any assumptions about correlation between
variables.
No other elements other than gold have been estimated.
Description of how the geological
interpretation was used to control the
resource estimates.
Hangingwall and footwall wireframe surfaces were created using sectional
interpretation. These were used to define the Pope John K2 and hangingwall
and footwall halo mineralised zones based on the shearing, veins, and gold
grade.
K2 (Pope John) is a steeply dipping structure with quartz veining evident from
drilling and development.
Footwall/Hangingwall halo (Pope John) - Steeply dipping sheared structure
with minor quartz stringers in the hangingwall and footwall of the K2 evident
from drilling and development.
For mine planning purposes a waste model is created by projecting the
hangingwall and footwall surfaces 15m either side. A default grade of 0.1gpt is
assigned and the same resource classification as the adjacent ore lode is
applied to ensure consistency in MSO Resource Classification reporting.
Discussion of basis for using or not using
grade cutting or capping.
Top cuts were applied to the composited sample data.
The top cut values are applied in several steps, using influence limitation top
cutting. A top cut (AU) and non-top cut (_NC) variable is created, as well as a
spatial variable (
_IL) which only has values where the top cut values appear.
For example, where gold requires a top cut, the following variables will be
created and estimated:
AU (top cut gold)
AU_NC (non- top-cut gold)
The top-cut and non-top cut values are estimated using search ranges based
on the variogram, and the _IL values estimated using very small ranges (e.g.,
5m x 5m x 5m). Where the
_IL values produce estimated blocks within these
restricted ranges, the *_NC estimated values replace the original top cut
estimated values (AU).
The application of the top-cuts has not resulted in a significant decrease in the
mean grade from the un-cut to top-cut data. No hard top cuts have been
applied to the Pope John resource estimate as no genuinely anomalous
values exist in the data set.
The process of validation, the checking
process used, the comparison of model data
to drill hole data, and use of reconciliation
data if available.
Statistical measures of estimation performance, such as the Slope of
Regression, are used to assess the quality of the estimation for each domain.
Differences in the global grade of the declustered, top cut composite data set
and the average model grade were within 10%, or justification for a difference
outside 10% was explicable.
Swath plots comparing declustered, top cut composites to block model grades
are prepared and reviewed. Plots are also prepared summarising the critical
model parameters.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Visually, block grades are assessed against drill hole and face data.
Moisture Whether the tonnages are estimated on a
dry basis or with natural moisture, and the
method of determination of the moisture
content.
The tonnes have been estimated on a dry basis.
Cut-off
parameters
The basis of the adopted cut-off grade(s) or
quality parameters applied.
The Mineral Resource Estimate has been reported at a 1.63gpt cut off within
2.5m minimum mining width (excluding dilution) MSOs using a $AU2,250/oz
gold price.
Mining factors
or
assumptions
Assumptions made regarding possible
mining methods, minimum mining
dimensions and internal (or, if applicable,
external) mining dilution. It is always
necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential mining methods, but the
assumptions made regarding mining
methods and parameters when estimating
Mineral Resources may not always be
rigorous. Where this is the case, this should
be reported with an explanation of the basis
of the mining assumptions made.
No mining assumptions have been made during the resource wireframing or
estimation process.
Metallurgical
factors or
assumptions
The basis for assumptions or predictions
regarding metallurgical amenability. It is
always necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential metallurgical methods, but the
assumptions regarding metallurgical
treatment processes and parameters made
when reporting Mineral Resources may not
always be rigorous. Where this is the case,
this should be reported with an explanation
of the basis of the metallurgical assumptions
made.
No metallurgical assumptions have been made during the resource
wireframing or estimation process.
Environmental
factors or
assumptions
Assumptions made regarding possible
waste and process residue disposal options.
It is always necessary as part of the process
of determining reasonable prospects for
eventual economic extraction to consider the
potential environmental impacts of the
mining and processing operation. While at
this stage the determination of potential
environmental impacts, particularly for a
green fields project, may not always be well
advanced, the status of early consideration
of these potential environmental impacts
should be reported. Where these aspects
have not been considered this should be
reported with an explanation of the
environmental assumptions made.
A “Licence to Operate” is held by the operation which is issued under the
requirement of the “Environmental Protection Act 1986”, administered by the
Department of Environment (DoE). The Licence stipulates environmental
conditions for the control of air quality, solid waste management, water quality,
and general conditions for operation. Groundwater Licences are held for water
abstraction, including production bore field water use for mineral processing,
and mine dewatering, in accordance with the Rights in Water and Irrigation
Act 1914. These Licences are also regulated by DoE and are renewable on a
regular basis. Kanowna Operations conduct extensive environmental
monitoring and management programs to ensure compliance with the
requirements of the Licence and lease conditions. An Environmental
Management System is in place to ensure that Northern Star employees and
contractors meet or exceed environmental compliance requirements.
The Kalgoorlie operations are fully permitted including groundwater extraction
and dewatering, removal of vegetation, mineral processing, and open pits.
Kalgoorlie Operations have been compliant with the International Cyanide
Management Code since 2008.
Compliance with air quality permits is particularly important at Kanowna
because of the roaster operation and because there are three facilities in the
Kalgoorlie region emitting SO2gas. Kanowna has a management program in

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Criteria JORC Code explanation Commentary
place to minimize the impact of SO2on regional air quality and ensure
compliance with regulatory limits.
Bulk density Whether assumed or determined. If
assumed, the basis for the assumptions. If
determined, the method used, whether wet
or dry, the frequency of the measurements,
the nature, size and representativeness of
the samples.
An investigation into average density values for the various lithological units at
Pope John was completed and the mean densities by lithology were coded
into the database. Where there were no measurements for a specific lithology
a default of 2.8 t/m3was applied. Density was then estimated by Ordinary
Kriging or Inverse Distance Squared, using the associated gold estimation
parameters for that domain. Post estimation, default density values for the
transitional zone has been applied, based on regional averages.
The bulk density for bulk material must have
been measured by methods that adequately
account for void spaces (vugs, porosity,
etc.), moisture and differences between rock
and alteration zones within the deposit.
No significant voids are encountered in the ore zones and underground
environment.
Discuss assumptions for bulk density
estimates used in the evaluation process of
the different materials.
Assumptions on the average bulk density of individual lithologies, based on
423 bulk density measurements at Pope John. Assumptions were also made
based on regional averages, on the default density applied to transitional
(2.3t/m³) material, due to lack of data in this area. The mineralised structure
does not extend above the completely oxidised horizon (BOCO).
Classification The basis for the classification of the Mineral
Resources into varying confidence
categories.
Classification is based on a series of factors including:
Geologic grade continuity
Density of available drilling
Statistical evaluation of the quality of the kriging estimate
Confidence in historical data, based on the Data Class system
Whether appropriate account has been
taken of all relevant factors (i.e., relative
confidence in tonnage/grade estimations,
reliability of input data, confidence in
continuity of geology and metal values,
quality, quantity and distribution of the data).
All relevant factors have been given due weighting during the classification
process.
Whether the result appropriately reflects the
Competent Person’s view of the deposit.
The Resource model methodology is appropriate, and the estimated grades
reflect the Competent Persons view of the deposit.
Audits or
reviews
The results of any audits or reviews of
Mineral Resource Estimates.
The Resource model has been subjected to internal peer reviews.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in the
Mineral Resource Estimate using an
approach or procedure deemed appropriate
by the Competent Person. For example, the
application of statistical or geostatistical
procedures to quantify the relative accuracy
of the resource within stated confidence
limits, or, if such an approach is not deemed
appropriate, a qualitative discussion of the
factors that could affect the relative accuracy
and confidence of the estimate.
The Mineral Resource Estimate is considered robust and representative of the
Pope John K2 mineralisation. The application of geostatistical methods has
helped to increase the confidence of the model and quantify the relative
accuracy of the resource.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
economic evaluation. Documentation should
This resource report relates to the Pope John deposit. The model will show
local variability even though the global estimate reflects the total average
tonnes and grade.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation JORC Code explanation Commentary
include assumptions made and the
procedures used.
These statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
No reconciliation factors are applied to the resource post-modelling.
POPE JOHN DEPOSIT
. Long section view of the Pope John deposit and data used in the Resource
Estimate.

Section 4: Estimation and Reporting of Ore Reserves

(Criteria listed in section 1, and where relevant in sections 2 and 3, also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
Resource
Estimate for
conversion to
Ore Reserves
Description of the Mineral Resource
Estimate used as a basis for the conversion
to an Ore Reserve.
Northern Star Resources Limited 2021 Mineral Resource.
Clear statement as to whether the Mineral
Resources are reported additional to, or
inclusive of, the Ore Reserves.
The Mineral Resources are reported inclusive of the Ore Reserve.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
Site visits have been undertaken by the Competent Person.
If no site visits have been undertaken
indicate why this is the case.
Site visits undertaken.
Study status The type and level of study undertaken to
enable Mineral Resources to be converted
to Ore Reserves.
A minimum Pre-Feasibility level study has been completed.
The Code requires that a study to at least
Pre-Feasibility Study level has been
undertaken to convert Mineral Resources to
Ore Reserves. Such studies will have been
carried out and will have determined a mine
plan that is technically achievable and
economically viable, and that material
Modifying Factors have been considered.
Upgrade of previous Ore Reserve.
Cut-off
parameters
The basis of the cut-off grade(s) or quality
parameters applied.
Forward looking forecast costs and physicals form the basis of the cut-off
grade calculations.
The assumed AUD gold price is at a conservative assumption of $1,750/oz
Mill recovery factors are based on test work and historical averages from
the region.
Various cut-off grades are calculated including a break-even cut-off grade
(BCOG), Variable cut-off grade (VCOG) and Mill cut-off grade (MCOG). The
VCOG is used as the basis for stope design, though any areas which are
marginal or require significant development are assessed by a more detailed
financial analysis to confirm their profitability.
Mining factors
or
assumptions
The method and assumptions used as
reported in the Pre-Feasibility or Feasibility
Study to convert the Mineral Resource to an
Ore Reserve (i.e., either by application of
appropriate factors by optimisation or by
preliminary or detailed design).
Indicated Resources were converted to Probable Ore Reserves subject to
mine design physicals and an economic evaluation. Stockpiled material was
considered as proved.
The choice, nature and appropriateness of
the selected mining method(s) and other
mining parameters including associated
design issues such as pre-strip, access, etc.
The Kundana Gold Operations (incorporating Millennium, Centenary, Pope
John, Moonbeam and Christmas) is accessed via a portal within the open pit.
The ore is accessed from the Hanging wall from levels at 20m spacing (25m
in Millennium North). Top down open stoping methods are applied, and the
levels are broken into selectively sized stoping blocks to maximise production.
The assumptions made regarding
geotechnical parameters (e.g., pit slopes,
stope sizes, etc.), grade control and pre-
production drilling.
The mine design considers well established geotechnical constraints and is
reviewed by geotechnical engineers prior to being finalised.
Historical geological and geotechnical information is gathered from the nearby
operations including Barkers, Strzelecki and Centenary, and still in operation,
Raleigh, Rubicon, Hornet and Pegasus, and learnings from this are applied to
the geotechnical parameters used.
Grade control is carried out through resource definition drilling and face
sampling of all ore drives.
The major assumptions made and Mineral
Resource model used for pit and stope
optimisation (if appropriate).
This Table 1 applies to underground mining only

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
The mining dilution factors used. 20% dilution has been applied to all stopes.
The mining recovery factors used. A calculated 70% recovery is applied to unfilled up hole stopes to account for
rib pillar requirements and 65% recovery on levels where regional sill pillars
are required.
Any minimum mining widths used. A minimum stope mining width of 2.5m has been used. This considers a
minimum stope width of 1.7m +0.4m dilution in the Hangingwall and +0.4m
dilution in the Footwall.
The manner in which Inferred Mineral
Resources are utilised in mining studies and
the sensitivity of the outcome to their
inclusion.
Designed stopes with greater than 50% inferred blocks are excluded from the
reported Ore Reserve.
The infrastructure requirements of the
selected mining methods.
Infrastructure in place, currently an operating mine.
Metallurgical
factors or
assumptions
The metallurgical process proposed and the
appropriateness of that process to the style
of mineralisation.
Ore from the Kundana Gold operations is treated at the Jubilee Mill, Kanowna
Belle and Carosue Dam milling facilities, all owned by NSR.
These facilities are designed to process more than 6.7 million tonnes per
annum as a combined throughput (Jubilee – 1Mtpa, Kanowna Belle– 2Mtpa,
Carosue Dam – 3.7Mtpa). All plants have the capability to treat free milling
ores with additional capacity at the Kanowna Belle facility to treat refractory
material. Ore is treated either using the flotation circuit and associated
concentrate roaster circuit (including carbon-in-leach (CIL) gold recovery) or
bypassing the flotation circuit and going directly to a CIL circuit designed to
treat flotation tails. The plants campaign both refractory and free milling ores
every month.
Whether the metallurgical process is well-
tested technology or novel in nature.
Plus 10 years milling experience with Kundana ores.
The nature, amount and representativeness
of metallurgical test work undertaken, the
nature of the metallurgical domaining
applied and the corresponding metallurgical
recovery factors applied.
Plus 10 years milling experience with Kundana ores.
Any assumptions or allowances made for
deleterious elements.
No assumptions made
The existence of any bulk sample or pilot
scale test work and the degree to which
such samples are considered representative
of the orebody as a whole.
Plus 10 years milling experience with Kundana ores.
For minerals that are defined by a
specification, has the ore Reserve
estimation been based on the appropriate
mineralogy to meet the specifications?
Not applicable.
Environmental The status of studies of potential
environmental impacts of the mining and
processing operation. Details of waste rock
characterisation and the consideration of
potential sites, status of design options
considered and, where applicable, the status
Kundana Gold is currently compliant with all legal and regulatory
requirements. All government permits and Licences and statutory approvals
are either granted or in the process of being granted.

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Criteria JORC Code explanation Commentary
of approvals for process residue storage and
waste dumps should be reported.
Infrastructure The existence of appropriate infrastructure:
availability of land for plant development,
power, water, transportation (particularly for
bulk commodities), labour, accommodation;
or the ease with which the infrastructure can
be provided or accessed.
All current site infrastructure is suitable to the proposed mining plan.
Costs The derivation of, or assumptions made,
regarding projected capital costs in the
study.
Mine development capital cost based on historical performance on site and
life-of-mine forward planning. Plant and equipment capital are based on site
experience and the LOM plan.
The methodology used to estimate operating
costs.
All overhead costs and operational costs are projected forward on an AUD $/t
based on historical data.
Allowances made for the content of
deleterious elements.
No allowances made.
The derivation of assumptions made of
metal or commodity price(s), for the principal
minerals and co- products.
Single commodity pricing for gold only, using a long-term gold price of AUD
$1,750/oz, 2.5% WA state Government Royalty, as per NSR corporate
guidance.
The source of exchange rates used in the
study.
All rates considered in Australian Dollars (AUD) as per NSR corporate
guidance.
Derivation of transportation charges. Historic performance.
The basis for forecasting or source of
treatment and refining charges, penalties for
failure to meet specification, etc.
Historic performance.
The allowances made for royalties payable,
both Government and private.
All State Govt. and third-party royalties are built into the cost model.
Revenue
factors
The derivation of, or assumptions made
regarding revenue factors including head
grade, metal or commodity price(s)
exchange rates, transportation and
treatment charges, penalties, net smelter
returns, etc.
All revenue based on a gold price of AUD $1,750/oz.
The derivation of assumptions made of
metal or commodity price(s), for the principal
metals, minerals and co-products.
Corporate guidance.
Market
assessment
The demand, supply and stock situation for
the particular commodity, consumption
trends and factors likely to affect supply and
demand into the future.
All product is assumed sold directly to market at the nominated Corporate
gold price.
A customer and competitor analysis along
with the identification of likely market
windows for the product.
Not relevant for gold.

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Criteria JORC Code explanation Commentary
Price and volume forecasts and the basis for
these forecasts.
Corporate guidance.
For industrial minerals the customer
specification, testing and acceptance
requirements prior to a supply contract.
Not relevant for gold.
Economic The inputs to the economic analysis to
produce the net present value (NPV) in the
study, the source and confidence of these
economic inputs including estimated
inflation, discount rate, etc.
All costs assumptions are made based on historical performance from the
mine and current economic forecast seen as representative of current market
conditions.
NPV ranges and sensitivity to variations in
the significant assumptions and inputs.
Sensitivities assessed at varying gold prices.
Social The status of agreements with key
stakeholders and matters leading to social
licence to operate.
Agreements are in place and are current with all key stakeholders.
Other To the extent relevant, the impact of the
following on the project and/or on the
estimation and classification of the Ore
Reserves:
No issues foreseen.
Any identified material naturally occurring
risks.
No issues foreseen.
The status of material legal agreements and
marketing arrangements.
No issues foreseen.
The status of governmental agreements and
approvals critical to the viability of the
project, such as mineral tenement status,
and government and statutory approvals.
There must be reasonable grounds to
expect that all necessary Government
approvals will be received within the
timeframes anticipated in the Pre-Feasibility
or Feasibility study. Highlight and discuss
the materiality of any unresolved matter that
is dependent on a third party on which
extraction of the Reserve is contingent.
No issues foreseen.
Classification The basis for the classification of the Ore
Reserves into varying confidence
categories.
Ore Reserves classifications are derived from the underlying Resource model
classifications – i.e., Measured Resource material is converted to either
Proved or Probable Reserves, with Indicated Resource material converting to
Probable Reserve.
Whether the result appropriately reflects the
Competent Person’s view of the deposit.
The results appropriately reflect the Competent Persons view of the deposit.
The proportion of Probable Ore Reserves
that have been derived from Measured
Mineral Resources (if any).
None.

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Criteria JORC Code explanation Commentary
Audits or
reviews
The results of any audits or reviews of Ore
Reserve estimates.
This ore Reserve has been prepared and peer reviewed internally within
Northern Star Resources. There have been no external reviews of this Ore
Reserve estimate.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in the
Ore Reserve estimate using an approach or
procedure deemed appropriate by the
Competent Person. For example, the
application of statistical or geostatistical
procedures to quantify the relative accuracy
of the Reserve within stated confidence
limits, or, if such an approach is not deemed
appropriate, a qualitative discussion of the
factors which could affect the relative
accuracy and confidence of the estimate.
Confidence in the model and Ore Reserve is considered high based on
nearby Northern Star operated mines along the same ore bearing structures
and the previous 12 months development and stope performance at the
Kundana Gold Operations.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
economic evaluation. Documentation should
include assumptions made and the
procedures used.
Ore Reserves are best reflected as global estimates.
Accuracy and confidence discussions
should extend to specific discussions of any
applied Modifying Factors that may have a
material impact on Ore Reserve viability, or
for which there are remaining areas of
uncertainty at the current study stage.
There is high confidence in these models as the areas are well known and
well drilled.
It is recognised that this may not be possible
or appropriate in all circumstances. These
statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
Reconciliation results from past mining at Centenary, Millennium and Pope
John reflect estimates in the Ore Reserve estimates.

JORC Code, 2012 Edition – Table 1 Report

Strzelecki Underground - 31 March 2021

Section 1: Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria JORC Code explanation Commentary
Sampling
techniques
Nature and quality of sampling (e.g., cut
channels, random chips, or specific
specialised industry standard measurement
tools appropriate to the minerals under
investigation, such as down hole gamma
sondes, or handheld XRF instruments, etc.).
These examples should not be taken as
limiting the broad meaning of sampling.
A combination of sample types was used to collect material for analysis
including underground diamond drilling (DD), surface diamond drilling (RC) and
face channel (FC) sampling. RAB holes were excluded from the estimate and
where sufficient diamond drill holes were present, RC holes were also
excluded.

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Criteria JORC Code explanation Commentary
RC holes utilised in the estimate are all above the UG workings and near
surface. The majority of these are within the depleted open pit area.
Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any measurement
tools or systems used.
DD core is sampled within geological boundaries with a minimum (0.2m) and
maximum (1.0m) sample length. Historical face samples range from 0.01m
vein point samples to full face channels.
Aspects of the determination of mineralisation
that are Material to the Public Report. In
cases where ‘industry standard’ work has
been done this would be relatively simple
(e.g., ‘reverse circulation drilling was used to
obtain 1m samples from which 3kg was
pulverised to produce a 30g charge for fire
assay’). In other cases, more explanation may
be required, such as where there is coarse
gold that has inherent sampling problems.
Unusual commodities or mineralisation types
(e.g., submarine nodules) may warrant
disclosure of detailed information.
Historical face and DD data makes up a large portion of the data. The sample
collection methods and assay methods are variable due to the time span over
which these samples were collected. The samples were collected in line with
normal practices at the time. The majority of these historic samples affect
already depleted areas.
The details outlined in this report focus on details of the recent diamond drilling
data collection practices as specifics on data collection methods for historical
data were not recorded or no longer available.
DD drill core was nominated for either half core or full core sampling. Core
designated for half core was cut in half using an automated core saw. The mass
of material collected will depend on the drill hole diameter and sampling interval
selected. Core designated for full core was broken with a rock hammer if
sample segments were too large to fit into sample bags.
All the face samples used were from the historic Strzelecki mining. Many of
these only targeted the vein and were point samples with a depth of 0.01m.
All of the recent samples added in the STZR* series drilling were delivered to a
commercial laboratory where they were dried, crushed to 95% passing 3mm if
required, at this point large samples may be split using a rotary splitter,
pulverisation to 90% passing 75µm, a 40g charge was selected for fire assay.
Drilling
techniques
Drill type (e.g., core, reverse circulation, open-
hole hammer, rotary air blast, auger, Bangka,
sonic, etc.) and details (e.g., core diameter,
triple or standard tube, depth of diamond tails,
face-sampling bit or other type, whether core
is oriented and if so, by what method, etc.).
There is limited information on the specifics of historical data. The following
provides details mainly on the practices undertaken for the recent UG diamond
drilling.
Underground DD techniques were predominantly used to drill the Strzelecki
deposit.
Surface diamond drill holes were completed using HQ2 (63.5mm) core whilst
underground diamond drill holes were completed using NQ2 (50.5mm) core.
Currently, core is orientated using the Boart Longyear Trucore Core Orientation
system.
In some cases, RC pre-collars were drilled followed by diamond tails. Pre-collar
depth was determined in the drill design phase depending on the target been
drilled and production constraints.
Method of recording and assessing core and
chip sample recoveries and results assessed.
For DD drilling, any core loss is recorded on the core block by the driller. This is
captured by the logging geologist and entered as interval into the hole log.

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Criteria JORC Code explanation Commentary
Drill
sample
recovery
Measures taken to maximise sample recovery
and ensure representative nature of the
samples.
For diamond drilling, the contractors adjust their rate of drilling and method if
recovery issues arise. All recovery is recorded by the drillers on core blocks.
This is checked and compared to the measurements of the core by the
geological team. Any issues are communicated back to the drilling contractor.
Whether a relationship exists between sample
recovery and grade and whether sample bias
may have occurred due to preferential
loss/gain of fine/coarse material.
Recovery was acceptable for diamond core and no relationship between grade
and recovery is observed. Average recovery across the Kundana camp is at
99%. Much of the core loss at Strzelecki is in the footwall of the main lodes,
where a softer shear zone exists in the SAQ lithological unit.
Logging Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate Mineral
Resource estimation, mining studies and
metallurgical studies.
There is limited information on the specifics of historic geological logging. The
following provides details mainly on the practices undertaken for the recent UG
diamond drilling and is broadly applicable to historical core logging.
All diamond core is logged for lithology, veining, alteration, mineralisation, and
structure. Structural measurements of specific features are taken through
oriented zones.
Logging is entered in AcQuire using a series of drop-down menus which contain
the appropriate codes for description of the rock.
Historical underground face samples range from multiple to single samples.
Many faces contain a singular point sample in the ore zone down to 0.01m in
length. Others contain the ore sample as well as waste samples up to ~4.5m in
length.
Whether logging is qualitative or quantitative
in nature. Core (or costean, channel, etc.)
photography.
For all recently drilled holes all core logging is qualitative with mineralised zones
assayed for quantitative measurements. Every core tray is photographed wet.
A large portion of historic core and underground faces no longer have photos
available.
The total length and percentage of the
relevant intersections logged.
For all recently added drill holes, the entire length of the hole was logged. For
historic drill holes, there are areas with incomplete data.
Sub-
sampling
techniques
and sample
preparation
If core, whether cut or sawn and whether
quarter, half or all core taken.
There is limited information on the specifics of detailed sample preparation
techniques utilized for historic drilling. The following provides details mainly on
the practices undertaken for the recent UG diamond drilling and is partially
applicable to historical core logging. Where available details of historical
practices have been provided.
Diamond core is cut using an automated core saw. The type of drilling
determines the level of sampling/cutting completed. Half core is taken for most
exploration drilling. In the case of half core sampling, half the core is taken with
the remaining half being stored for later reference. Whole core samples are
utilised in areas where the ground conditions result in very broken core and
cutting the core is not practical.
There has been no recent Grade Control (GC) drilling into the Strzelecki
deposit.
If non-core, whether riffled, tube sampled,
rotary split, etc. and whether sampled wet or
dry.
For RC drilling, all RC samples are split using a rig-mounted cone splitter to
collect a sample 3 - 4kg in size from each 1m interval. any areas identified as
having anomalous gold. Outside known mineralised zones spear samples were
taken over a 4m interval for composite sampling.
For all sample types, the nature, quality and
appropriateness of the sample preparation
technique.
Historic sample preparation data is incomplete. However, the samples that do
have a variation of fire assay or screen fire assays recorded indicates there was
adequate preparation applied to use these sample methods. As such the

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Criteria JORC Code explanation Commentary
preparation of the historic samples lacking this data detail has been deemed
appropriate.
Preparation of NSR samples was conducted at Bureau Veritas Kalgoorlie and
Perth preparation facilities, Sample preparation commenced with sorting,
checking, and drying at less than 110°C to prevent sulphide breakdown.
Samples are jaw crushed to a nominal -6mm particle size. If the sample is
greater than 3kg a Boyd crusher with rotary splitter is used to reduce the
sample size to less than 3kg (typically 1.5kg) at a nominal <3mm particle size.
The entire crushed sample (if less than 3kg) or sub-sample is then pulverised to
90% passing 75µm, using a Labtechnics LM5 bowl pulveriser. 400g pulp
subsamples are then taken with an aluminium scoop and stored in labelled pulp
packets.
The sample preparation is considered appropriate for the deposit.
Quality control procedures adopted for all sub-
sampling stages to maximise representivity of
samples.
Procedures are utilised to guide the selection of sample material in the field.
Standard procedures are used for all processes within the laboratory. Grind
checks are performed at the pulverising stage requiring at least 90% of material
to pass below 75μm.
Measures taken to ensure that the sampling is
representative of the in-situ material collected,
including for instance results for field duplicate
/ second-half sampling.
Umpire sampling selection is conducted on all Kundana core samples as an
entire batch. A minimum of 3% of the samples processed each month are
selected to be sent to the ALS Perth check lab.
Whether sample sizes are appropriate to the
grain size of the material being sampled.
The sample sizes are considered appropriate for the material being sampled.
Quality of
assay data
and
laboratory
tests
The nature, quality and appropriateness of the
assaying and laboratory procedures used and
whether the technique is considered partial or
total.
Specifics of historic assay methods are not completely available. However, as
the methods were in line with standard practices of the day, they have been
deemed suitable for use. Assay methods that are recorded are fire assays and
screen fire assays in high grade zones. Charge size, prill composition and size
as well as final analysis methods are not recorded for historical data.
For more recent drilling (post-2014) a 40g fire assay charge is used with a lead
flux in the furnace. The prill is totally digested by HCl and HNO3acids before
Atomic Absorption Spectroscopy (AAS) determination for gold analysis. For
areas around the target zone and of prospective high-grade mineralisation, a
fire assay to extinction method may be used. For the assay to extinction, a total
of five 40g charges go through the above fire assay process. The average of
these five charges is then taken and used as the primary assay value. These
extent and selection of which zones are fire assayed to extinction is decided
upon by the logging geologist at the sample selection stage.
For geophysical tools, spectrometers,
handheld XRF instruments, etc., the
parameters used in determining the analysis
including instrument make and model, reading
times, calibrations factors applied and their
derivation, etc.
No geophysical tools were used to determine any element concentrations.
Nature of quality control procedures adopted
(e.g., standards, blanks, duplicates, external
laboratory checks) and whether acceptable
levels of accuracy (i.e., lack of bias) and
precision have been established.
Certified reference materials (CRMs) are inserted into the sample sequence at
a rate of 1 per 20 samples to ensure correct calibration. Any values outside of
three standard deviations are re-assayed with a new CRM.
Blanks are inserted into the sample sequence at a rate of 1 per 20 samples.
The insertion points are selected at random, except where high grade
mineralisation is expected. In these cases, a Blank is inserted after the high-
grade sample to test for contamination. Results greater than 0.2gpt if received

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Criteria JORC Code explanation Commentary
are investigated, and re-assayed if appropriate. New pulps are prepared if
anomalous results cannot be resolved.
Barren flushes are regularly inserted after anticipated high gold grades at the
pulverising stage.
No field duplicates were submitted for diamond core.
Pulp duplicates are requested after zones of suspected mineralization.
However, areas which are fire assayed to extinction are not selected to have
pulp duplicates analysed. These are indicated on the sample sheet and
submission sheet.
When visible gold is observed in core, a quartz flush is requested after the
sample.
Laboratory performance was monitored using the results from the QA samples
mentioned above. This was supplemented by the internal QA samples used by
the laboratories, which included pulp duplicates and CRMs.
The QA studies indicate that accuracy and precision are within industry
accepted limits.
Verification
of
sampling
and
assaying
The verification of significant intersections by
either independent or alternative company
personnel.
All significant intersections are verified by another Northern Star geologist
during the drill hole validation process, and later by a Competent Person to be
signed off.
The use of twinned holes. No twinned holes were drilled for this data set. Re-drilling of some of the drill
holes has occurred due to issues downhole (e.g., bogged rods). These have
been captured in the database as an ‘A’. Re-drilled holes are sampled whilst the
original drill hole is logged but not sampled.
Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.
Geological logging and sampling are directly recorded into AcQuire. Assay files
are received in .cvs, .pdf and .sif formats. The .cvs’s are loaded directly into
the database using an AcQuire importer object. Assays are then processed
through a form in AcQuire for QAQC checks. Non-editable electronic copies of
these are stored.
Discuss any adjustment to assay data. No adjustments are made to this assay data. If there are issues with the results
files received, amended versions are requested from the lab.
Location of
data points
Accuracy and quality of surveys used to
locate drill holes (collar and down-hole
surveys), trenches, mine workings and other
locations used in Mineral Resource
estimation.
Planned holes are marked up by the mine survey department using a total
station survey instrument in mine grid (Kundana 10). The actual hole position is
then located by the mine survey department once drilling is completed.
Holes are lined up on the collar point using the DHS Minnovare Azimuth
Aligner. Planned azimuths and dips of the holes are downloaded to the aligner
which is then placed on the rod string to align the hole for drilling.
During drilling, single shot surveys are conducted every 30m to track the
deviation of the hole and to ensure it stays close to design. This is performed
using the DeviShot camera which measures the gravitational dip and magnetic
azimuth. Results are uploaded from the DeviShot software into a csv format
which is then imported into the AcQuire database. At the completion of the hole,
a Multishot survey, using the Devi flex survey tool is completed taking
measurements every 3m to ensure accuracy of the hole. This is a relative
change survey which is then referenced back to the Azimuth aligner to provide
an accurate, continuous nonmagnetic survey. This is also converted to *.cvs
format and imported into the AcQuire database.

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Criteria JORC Code explanation Commentary
Specification of the grid system used. Collar coordinates are recorded in mine grid (Kundana 10) and transformed into
MGA94_51.
Quality and adequacy of topographic control. Quality topographic control has been achieved through Lidar data and survey
pickups of holes over the last 15 years.
Data
spacing
and
distribution
Data spacing for reporting of Exploration
Results.
Drill hole spacing varies across the deposit. For Resource Targeting drilling
spacing was typically a minimum of 60m x 60m. This allowed for infill Resource
Definition drilling at 30m x 30m spacing.
Whether the data spacing and distribution is
sufficient to establish the degree of geological
and grade continuity appropriate for the
Mineral Resource and Ore Reserve
estimation procedure(s) and classifications
applied.
The data spacing and distribution is considered sufficient to support the
Resource and Reserve estimates.
Whether sample compositing has been
applied.
No sample compositing has been applied.
Orientation
of data in
relation to
geological
structure
Whether the orientation of sampling achieves
unbiased sampling of possible structures and
the extent to which this is known, considering
the deposit type.
The mineralisation in the Strzelecki deposit dips 65° to the WSW. Diamond
drilling was designed to target the orebodies perpendicular to this orientation to
allow for an ideal intersection angle. Instances where this was not achievable
(mostly due to drill platform location), drilling was not completed or re-designed
once a suitable platform became available.
Drill holes with low intersection angles will be excluded from resource
estimation where more suitable data is available.
If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to have
introduced a sampling bias, this should be
assessed and reported if material.
No sampling bias is considered to have been introduced by the drilling
orientation. Where drill hole intersections are particularly oblique, they have
been flagged as unsuitable for resource estimation.
Sample
security
The measures taken to ensure sample
security.
Prior to laboratory submission, samples are stored by Northern Star Resources
in a secure yard. Once submitted to the laboratories they are stored in a secure
fenced compound, tracked through their chain of custody and via audit trails.
Audits or
reviews
The results of any audits or reviews of
sampling techniques and data.
No audits have been undertaken of the data and sampling practices at this
stage.

Section 2: Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
tenement and
land tenure
status
Type, reference name/number, location and
ownership including agreements or material
issues with third parties such as joint
ventures, partnerships, overriding royalties,
native title interests, historical sites,
wilderness or national park and
environmental settings.
All holes mentioned in this report are located within the M16/72, M16/157
M16/97, tenements, which are owned by Kundana Gold Pty Ltd a wholly
owned subsidiary of Northern Star Resources. There are no private royalty
agreements applicable to this tenement.

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Criteria JORC Code explanation Commentary
The security of the tenure held at the time of
reporting along with any known impediments
to obtaining a licence to operate in the area.
No known impediments exist, and the tenements are in good standing.
Exploration
done by other
parties
Acknowledgment and appraisal of
exploration by other parties.
Early exploration was completed in the mid-1980s by the White Flag JV with
the development and operation of South Pit. Modern mining continued in late
1980s with the Kundana North and Strzelecki Open pits. Mining continued
through to 1999 when the Centenary Underground ceased operations.
Exploration continued over the camp through various companies including
Placer Dome and Barrick Gold.
In early 2014, Northern Star Resources purchased the Kundana camp from
Barrick Gold and mining recommenced in March 2014.
Geology Deposit type, geological setting and style of
mineralisation.
The Kundana camp is situated within the Norseman-Wiluna Greenstone Belt,
in an area dominated by the Zuleika Shear zone, which separates the
Coolgardie domain from the Ora Banda domain. This regional scale shear
zone also contains several large-scale faults cross cutting the major shear
zone at an approximately north-south orientation.
Mineralization along the Strzelecki trend consists of a shear hosted vein. This
is present on the contact between a quartz rich arenite (SAQ) unit and
intermediate andesite (Black Flag Group) unit. This quartz arenite unit is a
small sedimentary unit situated on the contact of the much larger, coarse
grained, mafic Powder Sill Gabbro.
The Strzelecki main vein is the Strzelecki trend deposit north of the Pope John
fault on the quartz arenite - andesite contact. The Strzelecki footwall vein is
situated parallel within the footwall andesite. There are several smaller mine
scale faults offsetting the main and footwall Strzelecki lodes.
Drill hole
Information
A summary of all information material to the
understanding of the exploration results
including a tabulation of the following
information for all Material drill holes:
easting and northing of the drill hole
collar
elevation or RL (Reduced Level –
elevation above sea level in metres) of
the drill hole collar
dip and azimuth of the hole
down hole length and interception depth
hole length.
A summary of the data present in the Strzelecki deposit can be found above.
The collar locations are presented in plots contained in the NSR 2021
resource report.
Drill holes vary in survey dip from +85 degrees to -90 degrees, with hole
depths ranging from 5m to 1,606m, with an average depth of 244m. The
assay data acquired from these holes are described in the NSR 2021 resource
report.
All validated drill hole data was used directly or indirectly for the preparation of
the resource estimates described in the resource report.
If the exclusion of this information is justified
on the basis that the information is not
Material and this exclusion does not detract
from the understanding of the report, the
Competent Person should clearly explain
why this is the case.
The exclusion of information is not material.
Data
aggregation
methods
In reporting Exploration Results, weighting
averaging techniques, maximum and/or
minimum grade truncations (e.g., cutting of
high grades) and cut-off grades are usually
Material and should be stated.
All reported assay results have been length weighted to provide an
intersection width. A maximum of 2m of barren material (considered < 1gpt)
between mineralised samples has been permitted in the calculation of these
widths. Typically grades over 1.0gpt are considered significant, however,
where low grades are intersected in areas of known mineralisation these will
be reported. No top-cutting is applied when reporting intersection results.
Where aggregate intercepts incorporate
short lengths of high grade results and
longer lengths of lowgraderesults, the
No new information is presented in this release. Where an intersection
incorporates short lengths of high grade results these intersections will be

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Criteria JORC Code explanation Commentary
procedure used for such aggregation should
be stated and some typical examples of
such aggregations should be shown in
detail.
reported in addition to the aggregate value. These will typically take the form
of ##.#m @ ##.##gpt including ##.#m @ ##.##gpt.
The assumptions used for any reporting of
metal equivalent values should be clearly
stated.
No metal equivalent values have been used for the reporting of these
exploration results.
Relationship
between
mineralisation
widths and
intercept
lengths
These relationships are particularly
important in the reporting of Exploration
Results:
True widths have been calculated for intersections of the known ore zones,
based on existing knowledge of the nature of these structures.
If the geometry of the mineralisation with
respect to the drill hole angle is known, its
nature should be reported.
Both the downhole width and true width have been clearly specified when
used.
If it is not known and only the down hole
lengths are reported, there should be a clear
statement to this effect (e.g., ‘down hole
length, true width not known’).
It is known and has been reported as such.
Diagrams Appropriate maps and sections (with scales)
and tabulations of intercepts should be
included for any significant discovery being
reported These should include, but not be
limited to a plan view of drill hole collar
locations and appropriate sectional views.
Appropriate plans and section have been included at the end of this Table.
Balanced
reporting
Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and high
grades and/or widths should be practiced to
avoid misleading reporting of Exploration
Results.
Both high and low grades have been reported accurately, clearly identified
with the drill hole attributes and ‘From’ and ‘To’ depths.
Other
substantive
exploration
data
Other exploration data, if meaningful and
material, should be reported including (but
not limited to): geological observations;
geophysical survey results; geochemical
survey results; bulk samples – size and
method of treatment; metallurgical test
results; bulk density, groundwater,
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.
No other material exploration data has been collected for this area.
Further work The nature and scale of planned further work
(e.g., tests for lateral extensions or depth
extensions or large-scale step-out drilling).
Drilling will continue in various parts of the deposit with the intention of
extending areas of known mineralisation. Drilling is continuing to the south
towards the Pope John fault and historic Strzelecki workings. Drilling will also
focus on infilling areas of the resource to improve confidence.
Diagrams clearly highlighting the areas of
possible extensions, including the main
geological interpretations and future drilling
areas, provided this information is not
commercially sensitive.
Appropriate diagrams accompany this release.

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Section 3: Estimation and Reporting of Mineral Resources

(Criteria listed in section 1, and where relevant in section 2, also apply to this section.)

Criteria JORC Code explanation Commentary
Database
integrity
Measures taken to ensure that data has not
been corrupted by, for example,
transcription or keying errors, between its
initial collection and its use for Mineral
Resource estimation purposes.
Sampling and logging data is either recorded on paper and manually entered
into a database system or is captured digitally via a logging laptop and directly
loaded into the database system. There are checks in place to avoid duplicate
holes and sample numbers. Where possible, raw data is loaded directly into
the database from laboratory and survey derived files.
Northern Star personnel have validated the database during the interpretation
of the mineralisation, with any drill holes containing dubious data excluded
from the MRE.
Northern Star provided a list of holes to be excluded from the MRE and the
reasons behind those exclusions.
Data validation procedures used. The database has further checks performed to back -up those performed in
section 2. The complete exported data base including drill and face samples is
brought into Datamine RM and checked visually for any apparent errors i.e.,
holes or faces sitting between levels or not on surface DTM’s. Multiple checks
are then made on numerical data including:
Empty table checks to ensure all relevant fields are populated
Unique collar location check,
Distances between consecutive surveys is no more than 50m for drill-
holes
Differences in azimuth and dip between consecutive surveys of no more
than 0.3 degrees
The end of hole extrapolation from the last surveyed shot is no more than
30m
Underground face sample lines are not greater than +- 5 degrees from
horizontal
Errors are corrected where possible. When not possible the data is resource
flagged as “No” in the database and the database is re-exported. This data
will not be used in the estimation process.
In addition to being validated, drill holes are assigned a Data Class, which
provides a secondary level of confidence in the quality of the data.
An extensive review of all the historic data for Strzelecki was undertaken in
2018 and Data Class (DC) values from 0-3 assigned to each drill hole and
channel, criteria summarised below:
DC 3 = Recent data; all data high quality, validated and all original data
available.
DC 2 = Historic data; may or may not have all data in AcQuire or hard copy
available but has proximity to recent drilling which confirms the dip, width
and tenor. Used to assist in classification.
DC 2 = Recent data; minor issues with data but away from the ore zone.
DC 1 = Historic data; same criteria as DC 2 but cannot be verified with
recent drilling, i.e., too far away or too dissimilar dip, width and/or tenor to
recent drilling. Not used in Resource estimate.
DC 0 = Historic data; no original information or new drilling in proximity to
verify. Not used in Resource estimate.
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
The geological interpretations underpinning these resource models have been
prepared by geologists working in adjacent mines and in direct, daily contact
with similar ore bodies. The estimation of grades was undertaken by
personnel familiar with the ore body and the general style of mineralisation
encountered. The Senior Resource Geologist, a Competent Person for
reviewing and signing off on estimations of the Strzelecki and Xmas lodes
maintained a site presence throughout the process.
If no site visits have been undertaken
indicate why this is the case.
The Competent Person has maintained a presence onsite.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Geological
interpretation
Confidence in (or conversely, the uncertainty
of) the geological interpretation of the
mineral deposit.
The interpretation of the Strzelecki deposit has been carried out using a
systematic approach to ensure continuity of the geology and estimated
mineral resource. The confidence in the geological interpretation is high and
is supported with information acquired during ore development as well as from
drilling for Strzelecki.
The interpretation of the Strzelecki mineralization wireframes was conducted
using the sectional interpretation method. Where development levels were
present sectional interpretation was completed in plan-view at approximately
5m - 10m spacing to allow for a better constrained and realistic wireframe.
Where only drilling data was present sectional interpretation was completed at
approximately 10m - 20m spacing. Wireframes have been checked for
unrealistic volumes and updated where appropriate.
The geological interpretation of Strzelecki is considered robust due to the
nature of the mineralization and that large portions of the deposit have been
developed and mined.
Nature of the data used and of any
assumptions made.
Underground development mapping and sampling along with diamond drill
core lithology, structure, alteration, and mineralisation logs have been used to
generate the mineralisation model for Strzelecki Main Vein and Strzelecki
Foot Wall. The primary assumption that the mineralization is hosted within
structurally controlled quartz veins is considered robust.
The relationship between the Xmas and Strzelecki deposits is currently under
review. At this stage, a hard boundary has been assumed between these
deposits.
The effect, if any, of alternative
interpretations on Mineral Resource
estimation.
Due to the close spaced nature of the data from the recent mining and the
consistency of the structure conveyed by this dataset, no alternative
interpretations have been considered.
The use of geology in guiding and
controlling Mineral Resource estimation.
The interpretation of the main Strzelecki structure (SMV) is based on the
presence of logged quartz percentage, quartz veining/shearing and continuity
between sections of these structures and adjacent mineralised structures.
The SFW is a footwall lode approximately 40m west of the SMV. Geologically,
it sits on the contact between an intermediate volcaniclastic sediment and
interleaved mafic and felsic volcanics. The lode presents as a narrow vein,
usually between 0.1 and 0.4m. Gold is vein hosted, with little to no mineralised
alteration halo.
The factors affecting continuity both of grade
and geology.
Structure is continuous over the length of the Strzelecki deposit with either
quartz or the controlling structure used to guide this interpretation. The
mineralised structure pinches out at the northern extent of the Strzelecki
deposit before any offsetting structure terminates mineralisation.
The grade continuity is consistent within the SMV and exists as a high-grade
south trending plunge, up to 200m.
Dimensions The extent and variability of the Mineral
Resource expressed as length (along strike
or otherwise), plan width, and depth below
surface to the upper and lower limits of the
Mineral Resource.
The Strzelecki deposit strikes approximately north-south over a length of
850m and dips steeply to the west with the down-dip extents more than
1,500m.
The SMV is ~ 0.5m wide and can be up to 1.5m wide with a minimum width of
~ 0.1m.
The SFW has a strike of ~300 – 400m and down dip extent of 450m. SFW is ~
1m wide and can be up to 1.5m wide with a minimum width of ~ 0.1m.
The nature and appropriateness of the
estimationtechnique(s) applied andkey
The Strzelecki mineralisation is comprised of Strzelecki Main Vein (SMV) and
Strzelecki FootWall(SFW). All mineralisationdomains used1.0m

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Estimation
and modelling
techniques
assumptions, including treatment of extreme
grade values, domaining, interpolation
parameters and maximum distance of
extrapolation from data points. If a computer
assisted estimation method was chosen
include a description of computer software
and parameters used.
composites with direct grade estimation. The Resource Estimation has been
completed using Ordinary Kriging (OK), utilising a three-pass search strategy
using Datamine Studio RM software. Details of the estimation parameters for
each mineralisation zone are summarised below.
SMV - divided into two subdomains based on data density: high density
around development levels and lower density distal to development. The
subdomains were combined, and an influence limitation top cut selected at
600gpt Au. A lower cut grade of 10gpt was selected to create the lower cut
model (this is described in grade cut strategy below). Once top cut,
variography was completed on the combined composite file, indicating grade
continuity down plunge to the south. The data had a search range of ~200m in
direction 1 and 150m in direction 2. Three passes were used for estimation.
SFW - divided into two subdomains based on data density: high density
around development levels and lower density distal to development. The
subdomains were combined, analysed and top cut at 250gpt Au. Once top
cut, variography was completed on the combined composite file. The data had
a search range of ~120m in direction 1 and 80m in direction 2. Three passes
were used for estimation.
The availability of check estimates, previous
estimates and/or mine production records
and whether the Mineral Resource Estimate
takes appropriate account of such data.
All mineralisation zones had check estimates using Inverse Distance power of
2 (ID2) and Nearest Neighbour (NN) completed as a comparison.
Estimates using a soft and semi-soft boundary (with the Strzelecki and Xmas
composites combined) have also been compared and reviewed.
The SMV estimate has been compared to the previous MRE.
The assumptions made regarding recovery
of by-products.
No assumptions have been made regarding recovery of any by-products.
Estimation of deleterious elements or other
non-grade variables of economic
significance (e.g., sulphur for acid mine
drainage characterisation).
No deleterious elements have been considered and therefore estimated for
this deposit.
In the case of block model interpolation, the
block size in relation to the average sample
spacing and the search employed.
The data spacing varies considerably within the deposit, ranging from
underground development samples (every 1m along strike x 15m down dip) to
drill hole intercepts which varied from grade control spacing at 20m (along
strike) x 25m (down dip) to resource definition spacing at 50m (along strike) x
50m (down dip).
As such, the block sizes varied depending on sample density. In areas of
high-density underground face samples with average spacing of 2m, a 5m x
5m x 5m block size was chosen. For lower density drilling (where no
development was present) with wider spacing, a block size of 10m x 10m x
10m was chosen.
All the varying block sizes are added together after being estimated
individually.
Search ellipses were derived from variograms, with distances for pass 1
generally 66% of the variogram range (although also driven by the underlying
understanding of the local geology).
Any assumptions behind modelling of
selective mining units.
No selective mining units are assumed in this estimate.
Any assumptions about correlation between
variables.
No other elements other than gold have been estimated.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Description of how the geological
interpretation was used to control the
resource estimates.
Hanging wall and footwall wireframe surfaces were created using sectional
interpretations. These were used to define the SMV and SFW mineralised
zones based on the shearing, veins, and gold grade.
SMV (Strzelecki main vein) steeply dipping structure with quartz veining
evident from drilling and development.
SFW (Strzelecki footwall) steeply dipping structure in the footwall of the SMV,
quartz veining evident from drilling and development.
For mine planning purposes, a waste model is created by projecting the
hanging wall and footwall surfaces 50m either side. A default grade of 0.1gpt
is assigned and the same resource classification as the adjacent ore lode is
applied.
Discussion of basis for using or not using
grade cutting or capping.
Top cuts were applied to the composited sample data with the intention of
reducing the impact of outlier values on the average grade (ranging from 250
to 600gpt for Strzelecki).
The top cut values are applied in several steps using influence limitation top
capping. A top cut (AU) and non-top cut (_NC) variable is created, as well as
a spatial variable (
_IL) which only has values where the top cut values
appear. For example, where gold requires a top cut, the following variables
will be created and estimated:
AU (top cut gold)
AU_NC (non- top-cut gold)
AU_IL (spatial variable; values present where AU data is top cut)
The top-cut and non-top cut values are estimated using search ranges based
on the modelled gold variogram, and the _IL values estimated using very
small ranges (e.g., 5m x 5m x 5m). Where the
_BC values produce
estimated blocks within these restricted ranges, the _NC estimated values
replace the original top cut estimated values (AU).
The same principle has been applied to produce a ‘lower-cut’ to the
composited sample data with the intention of limiting the impact of high-grade
samples on genuine low-grade areas, especially where there is an order of
magnitude difference in assayed grade. A spatial variable (
_LC) is created
using the non-top cut (_NC) variable which only has values where the low-cut
values appear; this applies to gold low cutting only. For example, where gold
requires a low cut, the following variables will be created and estimated:
AU_NC (non- cut gold)
AU_LC (spatial variable; values present where AU data is low-cut)
The non-top cut values are estimated using search ranges based on the
modelled gold variogram, and the
_LC values estimated using small ranges
(e.g., 25m x 20m x 15m). Where the _LC values produce estimated blocks
within these restricted ranges, the
_LC estimated values replace the original
top cut estimated values (AU). Multiple iterations are tested with different
search ranges to ensure a reasonable result.
The process of validation, the checking
process used, the comparison of model data
to drill hole data, and use of reconciliation
data if available.
Statistical measures of Kriging error, such as Kriging Efficiency and Slope of
Regression, are used to assess the quality of the estimation for each domain.
Differences between the declustered, top-cut composite data set and the
average model grade must be within 10%.
Swath plots comparing declustered, top-cut composites to block model grades
are prepared and visual checks summarising the critical model parameters.
Visually, block grades are assessed against drill hole and face data.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Moisture Whether the tonnages are estimated on a
dry basis or with natural moisture, and the
method of determination of the moisture
content.
The tonnes have been estimated on a dry basis.
Cut-off
parameters
The basis of the adopted cut-off grade(s) or
quality parameters applied.
The Mineral Resource Estimate has been reported at a 1.63gpt cut off within
2.5m minimum mining width including no dilution MSOs using a
$AUD2,250/oz gold price.
Mining factors
or
assumptions
Assumptions made regarding possible
mining methods, minimum mining
dimensions and internal (or, if applicable,
external) mining dilution. It is always
necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential mining methods, but the
assumptions made regarding mining
methods and parameters when estimating
Mineral Resources may not always be
rigorous. Where this is the case, this should
be reported with an explanation of the basis
of the mining assumptions made.
No mining assumptions have been made during the resource wireframing or
estimation process.
Metallurgical
factors or
assumptions
The basis for assumptions or predictions
regarding metallurgical amenability. It is
always necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential metallurgical methods, but the
assumptions regarding metallurgical
treatment processes and parameters made
when reporting Mineral Resources may not
always be rigorous. Where this is the case,
this should be reported with an explanation
of the basis of the metallurgical assumptions
made.
No metallurgical or recovery assumptions have been made during the MRE.
Environmental
factors or
assumptions
Assumptions made regarding possible
waste and process residue disposal options.
It is always necessary as part of the process
of determining reasonable prospects for
eventual economic extraction to consider the
potential environmental impacts of the
mining and processing operation. While at
this stage the determination of potential
environmental impacts, particularly for a
green fields project, may not always be well
advanced, the status of early consideration
of these potential environmental impacts
should be reported. Where these aspects
have not been considered this should be
reported with an explanation of the
environmental assumptions made.
A “Licence to Operate” is held by the operation which is issued under the
requirement of the “Environmental Protection Act 1986”, administered by the
Department of Environment (DoE). The licence stipulates environmental
conditions for the control of air quality, solid waste management, water quality,
and general conditions for operation. Groundwater Licences are held for water
abstraction, including production bore field water use for mineral processing,
and mine dewatering, in accordance with the Rights in Water and Irrigation
Act 1914. These Licences are also regulated by DoE and are renewable on a
regular basis. Kanowna Operations conduct extensive environmental
monitoring and management programs to ensure compliance with the
requirements of the licences and lease conditions. An Environmental
Management System is in place to ensure that Northern Star employees and
contractors exceed environmental compliance requirements.
The Kalgoorlie operations are fully permitted including groundwater extraction
and dewatering, removal of vegetation, mineral processing, and open pits.
Kalgoorlie Operations have been compliant with the International Cyanide
Management Code since 2008.
Compliance with air quality permits is particularly important at Kanowna
because of the roaster operation. Kanowna has a management program in
place to minimize the impact of SO2on regional air quality and ensure
compliance with regulatory limits.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Bulk density Whether assumed or determined. If
assumed, the basis for the assumptions. If
determined, the method used, whether wet
or dry, the frequency of the measurements,
the nature, size and representativeness of
the samples.
A thorough investigation into average density values for the various
lithological units at Strzelecki has been completed. As a result, the mean
densities by lithology were coded into the database (taking an average of all
measurements, excluding outliers). Where there were no measurements for a
specific lithology, a default of 2.77 t/m3was applied.
Density was then estimated by Ordinary Kriging using the associated gold
estimation parameters for that domain.
Post estimation, default density values for the oxide and transition zones were
applied, based on regional averages.
The bulk density for bulk material must have
been measured by methods that adequately
account for void spaces (vugs, porosity,
etc.), moisture and differences between rock
and alteration zones within the deposit.
No significant voids are encountered in the ore zones and underground
environment.
Discuss assumptions for bulk density
estimates used in the evaluation process of
the different materials.
Assumptions on the average bulk density of individual lithologies, based on
1,854 bulk density measurements. Assumptions were also made based on
regional averages, on the default densities applied to oxide (1.8 t/m3) and
transitional (2.3 t/m3) material, due to lack of measurements in these zones.
Classification The basis for the classification of the Mineral
Resources into varying confidence
categories.
Classification is based on a series of factors including:
Geologic grade continuity
Density of available drilling
Statistical evaluation of the quality of the kriging estimate
Confidence in historical data, based on the new Data Class system
Whether appropriate account has been
taken of all relevant factors (i.e., relative
confidence in tonnage/grade estimations,
reliability of input data, confidence in
continuity of geology and metal values,
quality, quantity and distribution of the data).
All relevant factors have been given due weighting during the classification
process.
Whether the result appropriately reflects the
Competent Person’s view of the deposit.
The resource model methodology is appropriate, and the estimated grades
reflect the Competent Person’s view of the deposit.
Audits or
reviews
The results of any audits or reviews of
Mineral Resource Estimates.
The Resource model has been subjected to internal peer reviews. No external
audits have been undertaken on Strzelecki.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in the
Mineral Resource Estimate using an
approach or procedure deemed appropriate
by the Competent Person. For example, the
application of statistical or geostatistical
procedures to quantify the relative accuracy
of the resource within stated confidence
limits, or, if such an approach is not deemed
appropriate, a qualitative discussion of the
factors that could affect the relative accuracy
and confidence of the estimate.
The Mineral Resource Estimate is considered robust and representative of the
Strzelecki style of mineralisation. The application of geostatistical methods
has helped to increase the confidence of the model and quantify the relative
accuracy of the resource.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
economic evaluation. Documentationshould
This resource report relates to the Strzelecki mineralization. The model will
show local variability even though the global estimate reflects the total
average tonnes and grade.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
include assumptions made and the
procedures used.
These statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
No reconciliation factors are applied to the resource post-modelling.

STRZELECKI DEPOSIT

Long section view of the Strzelecki deposit and data used in the Resource Estimate

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Section 4: Estimation and Reporting of Ore Reserves (Criteria listed in section 1, and where relevant in sections 2 and 3, also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
Resource
Estimate for
conversion to
Ore Reserves
Description of the Mineral Resource
Estimate used as a basis for the conversion
to an Ore Reserve.
Northern Star Resources Limited 2021 Mineral Resource.
Clear statement as to whether the Mineral
Resources are reported additional to, or
inclusive of, the Ore Reserves.
The Mineral Resources are reported inclusive of the Ore Reserve

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
Site visits undertaken.
If no site visits have been undertaken
indicate why this is the case.
Site visits undertaken.
Study status The type and level of study undertaken to
enable Mineral Resources to be converted
to Ore Reserves.
A minimum Pre-Feasibility level study has been completed.
The Code requires that a study to at least
Pre-Feasibility Study level has been
undertaken to convert Mineral Resources to
Ore Reserves. Such studies will have been
carried out and will have determined a mine
plan that is technically achievable and
economically viable, and that material
Modifying Factors have been considered.
Upgrade of previous Ore Reserve.
Cut-off
parameters
The basis of the cut-off grade(s) or quality
parameters applied.
Forward looking forecast costs and physicals form the basis of the cut-off
grade calculations.
The assumed AUD gold price is at a conservative assumption of
$1,750/oz.
Mill recovery factors are based on test work and historical averages from
the region.
Various cut-off grades are calculated including a fully costed cut-off grade
(COG), variable cut-off grade (VCOG) and mill cut-off grade (MCOG). The
VCOG is used as the basis for stope design, though any areas which are
marginal or require significant development are assessed by a more detailed
financial analysis to confirm their profitability.
Mining factors
or
assumptions
The method and assumptions used as
reported in the Pre-Feasibility or Feasibility
Study to convert the Mineral Resource to an
Ore Reserve (i.e., either by application of
appropriate factors by optimisation or by
preliminary or detailed design).
Indicated Resources were converted to Probable Ore Reserves subject to
mine design physicals and an economic evaluation. Stockpiled material was
considered as Proved Reserve.
The choice, nature and appropriateness of
the selected mining method(s) and other
mining parameters including associated
design issues such as pre-strip, access, etc.
The Kundana Gold Operations (incorporating Millennium, Centenary, Pope
John, Moonbeam, Strzelecki and Christmas) is accessed via a portal within
the open pit. The ore is accessed from the Hanging wall from levels at 20m
spacing (25m in Millennium North). Top down open stoping methods are
applied and the levels are broken into selectively sized stoping blocks to
maximise production.
The assumptions made regarding
geotechnical parameters (e.g., pit slopes,
stope sizes, etc.), grade control and pre-
production drilling.
The mine design considers well established geotechnical constraints and is
reviewed by geotechnical engineers prior to being finalised.
Independent geotechnical reviews were conducted for the Barkers and
Strzelecki mines to provide guidance on pillar locations and extraction
sequences.
Historical geological and geotechnical information is gathered from the nearby
operations that operated previously, including Barkers, Strzelecki, Raleigh and
Centenary, and still in operation, Rubicon, Hornet and Pegasus with learnings
applied to the geotechnical parameters used.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Grade control is carried out through Resource Definition drilling and face
sampling of all ore drives.
The major assumptions made and Mineral
Resource model used for pit and stope
optimisation (if appropriate).
This Table 1 applies to underground mining only.
The mining dilution factors used. 20% dilution is applied to unfilled up hole stopes.
The mining recovery factors used. A calculated 70% recovery is applied to unfilled up hole stopes to account for
rib pillar requirements and 65% recovery on levels where regional sill pillars
are required.
Any minimum mining widths used. A minimum stope mining width of 2.5m has been used. This considers a
minimum stope width of 1.7m +0.4m dilution in the Hangingwall and +0.4m
dilution in the Footwall.
The manner in which Inferred Mineral
Resources are utilised in mining studies and
the sensitivity of the outcome to their
inclusion.
Designed stopes with greater than 50% inferred blocks are excluded from the
reported Ore Reserve.
The infrastructure requirements of the
selected mining methods.
Infrastructure in place, currently an operating mine.
Metallurgical
factors or
assumptions
The metallurgical process proposed and the
appropriateness of that process to the style
of mineralisation.
Ore from the Kundana Gold operations is treated at the Jubilee Mill, Kanowna
Belle and Carosue Dam milling facilities, all owned by NSR.
These facilities are designed to process more than 6.7 million tonnes per
annum as a combined throughput (Jubilee – 1Mtpa, Kanowna Belle– 2Mtpa,
Carosue Dam – 3.7Mtpa). All plants have the capability to treat free milling
ores with additional capacity at the Kanowna Belle facility to treat refractory
material. Ore is treated either using the flotation circuit and associated
concentrate roaster circuit (including carbon-in-leach (CIL) gold recovery) or
bypassing the flotation circuit and going directly to a CIL circuit designed to
treat flotation tails. The plants campaign both refractory and free milling ores
every month.
Whether the metallurgical process is well-
tested technology or novel in nature.
Plus 10 years milling experience with Kundana ores.
The nature, amount and representativeness
of metallurgical test work undertaken, the
nature of the metallurgical domaining
applied and the corresponding metallurgical
recovery factors applied.
Plus 10 years milling experience with Kundana ores.
Any assumptions or allowances made for
deleterious elements.
No assumptions made.
The existence of any bulk sample or pilot
scale test work and the degree to which
such samples are considered representative
of the orebody as a whole.
Plus 10 years milling experience with Kundana ores.
For minerals that are defined by a
specification, has the ore Reserve
Not applicable.

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Criteria JORC Code explanation Commentary
estimation been based on the appropriate
mineralogy to meet the specifications?
Environmental The status of studies of potential
environmental impacts of the mining and
processing operation. Details of waste rock
characterisation and the consideration of
potential sites, status of design options
considered and, where applicable, the status
of approvals for process residue storage and
waste dumps should be reported.
The Millennium operation is currently compliant with all legal and regulatory
requirements. All government permits and Licences and statutory approvals
are either granted or in the process of being granted.
Infrastructure The existence of appropriate infrastructure:
availability of land for plant development,
power, water, transportation (particularly for
bulk commodities), labour, accommodation;
or the ease with which the infrastructure can
be provided, or accessed.
All current site infrastructure is suitable to the proposed mining plan.
Costs The derivation of, or assumptions made,
regarding projected capital costs in the
study.
Mine development capital cost based on historical performance on site and
life-of-mine forward planning. Plant and equipment capital also based on site
experience and the LOM plan.
The methodology used to estimate operating
costs.
All overhead costs and operational costs are projected forward on an AUD $/t
based on historical data.
Allowances made for the content of
deleterious elements.
No allowances made.
The derivation of assumptions made of
metal or commodity price(s), for the principal
minerals and co- products.
Single commodity pricing for gold only, using a long-term gold price of AUD
$1,750/oz., 2.5% WA state Government Royalty, as per NSR corporate
guidance.
The source of exchange rates used in the
study.
All rates considered in Australian Dollars (AUD) as per NSR corporate
guidance.
Derivation of transportation charges. Historic performance.
The basis for forecasting or source of
treatment and refining charges, penalties for
failure to meet specification, etc.
Historic performance.
The allowances made for royalties payable,
both Government and private.
All State Govt. and third-party royalties are built into the cost model.
Revenue
factors
The derivation of, or assumptions made
regarding revenue factors including head
grade, metal or commodity price(s)
exchange rates, transportation and
treatment charges, penalties, net smelter
returns, etc.
All revenue based on a gold price of AUD $1,750/oz.
The derivation of assumptions made of
metal or commodity price(s), for the principal
metals, minerals and co-products.
Corporate guidance.
The demand, supply and stock situation for
the particular commodity, consumption
All product is assumed sold direct at the Corporate gold price.

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Criteria JORC Code explanation Commentary
Market
assessment
trends and factors likely to affect supply and
demand into the future.
A customer and competitor analysis along
with the identification of likely market
windows for the product.
Not relevant for gold.
Price and volume forecasts and the basis for
these forecasts.
Not relevant for gold.
For industrial minerals the customer
specification, testing and acceptance
requirements prior to a supply contract.
Not relevant for gold.
Economic The inputs to the economic analysis to
produce the net present value (NPV) in the
study, the source and confidence of these
economic inputs including estimated
inflation, discount rate, etc.
All costs assumptions are made based on historical performance from the
mine and current economic forecast seen as representative of current market
conditions.
NPV ranges and sensitivity to variations in
the significant assumptions and inputs.
Sensitivities assessed at varying gold prices.
Social The status of agreements with key
stakeholders and matters leading to social
licence to operate.
Agreements are in place and are current with all key stakeholders.
Other To the extent relevant, the impact of the
following on the project and/or on the
estimation and classification of the Ore
Reserves:
No issues foreseen.
Any identified material naturally occurring
risks.
No issues foreseen.
The status of material legal agreements and
marketing arrangements.
No issues foreseen.
The status of governmental agreements and
approvals critical to the viability of the
project, such as mineral tenement status,
and government and statutory approvals.
There must be reasonable grounds to
expect that all necessary Government
approvals will be received within the
timeframes anticipated in the Pre-Feasibility
or Feasibility study. Highlight and discuss
the materiality of any unresolved matter that
is dependent on a third party on which
extraction of the Reserve is contingent.
No issues foreseen.
Classification The basis for the classification of the Ore
Reserves into varying confidence
categories.
All Ore Reserves include Proved (if any) and Probable classifications. These
classifications are based on Mineral Resource classifications as modified by
subsequent grade control drilling and face sampling results.
Whether the result appropriately reflects the
Competent Person’s view of the deposit.
The results appropriately reflect the Competent Persons view of the deposit.

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Criteria JORC Code explanation Commentary
The proportion of Probable Ore Reserves
that have been derived from Measured
Mineral Resources (if any).
None.
Audits or
reviews
The results of any audits or reviews of Ore
Reserve estimates.
This Ore Reserve has been prepared and peer reviewed internally within
Northern Star Resources. There have been no external reviews of this Ore
Reserve estimate.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in the
Ore Reserve estimate using an approach or
procedure deemed appropriate by the
Competent Person. For example, the
application of statistical or geostatistical
procedures to quantify the relative accuracy
of the Reserve within stated confidence
limits, or, if such an approach is not deemed
appropriate, a qualitative discussion of the
factors which could affect the relative
accuracy and confidence of the estimate.
Confidence in the model and Ore Reserve is considered high based on
nearby Northern Star operated mines along the same ore bearing structures.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
economic evaluation. Documentation should
include assumptions made and the
procedures used.
Ore Reserves are best reflected as global estimates.
Accuracy and confidence discussions
should extend to specific discussions of any
applied Modifying Factors that may have a
material impact on Ore Reserve viability, or
for which there are remaining areas of
uncertainty at the current study stage.
Other than dilution and recovery factors described above, no additional
modifying factors applied. There is high confidence in these models as the
areas is well known and well drilled.
It is recognised that this may not be possible
or appropriate in all circumstances. These
statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
Reconciliation results from past mining at Centenary, Millennium, Barkers and
Strzelecki reflect estimates in the Ore Reserve estimates.

JORC Code, 2012 Edition – Table 1 Report Xmas Deposit: Resources and Reserves – 31 March 2021

Section 1: Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.)

Criteria JORC Code explanation Commentary
Sampling
techniques
Nature and quality of sampling (e.g., cut
channels, random chips, or specific
specialised industry standard measurement
tools appropriate to the minerals under
investigation, such as down hole gamma
sondes, or handheld XRF instruments, etc.).
A combination of sample types was used to collect material for analysis, surface
diamond drilling (DD), surface reverse circulation drilling (RC), surface RC
drilling with diamond tails (RC_DD) and face sampling (FS). RAB holes were
excluded from the estimate and where sufficient diamond drillholes were
present, RC holes were also excluded.

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Criteria JORC Code explanation Commentary
These examples should not be taken as
limiting the broad meaning of sampling.
Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any measurement
tools or systems used.
DD drilling is sampled within geological boundaries with a minimum (0.2m) and
maximum (1.0m) sample length.
Aspects of the determination of mineralisation
that are Material to the Public Report. In
cases where ‘industry standard’ work has
been done this would be relatively simple
(e.g., ‘reverse circulation drilling was used to
obtain 1m samples from which 3kg was
pulverised to produce a 30g charge for fire
assay’). In other cases, more explanation may
be required, such as where there is coarse
gold that has inherent sampling problems.
Unusual commodities or mineralisation types
(e.g., submarine nodules) may warrant
disclosure of detailed information.
DD drill core was nominated for either half core or full core sampling. Core
designated for half core was cut in half using an automated core saw. The mass
of material collected will depend on the drill hole diameter and sampling interval
selected. Core designated for full core was broken with a rock hammer if
sample segments were too large to fit into sample bags.
All samples were delivered to a commercial laboratory where they were dried,
crushed to 95% passing 3mm if required, at this point large samples may be
split using a rotary splitter, pulverisation to 90% passing 75µm with a 40g
charge selected for fire assay.
Drilling
techniques
Drill type (e.g., core, reverse circulation, open-
hole hammer, rotary air blast, auger, Bangka,
sonic, etc.) and details (e.g., core diameter,
triple or standard tube, depth of diamond tails,
face-sampling bit or other type, whether core
is oriented and if so, by what method, etc.).
Both RC and Diamond Drilling techniques were used to drill the Kundana
deposits.
Surface diamond drill holes were completed using HQ2 (63.5mm) core whilst
underground diamond drill holes were completed using NQ2 (50.5mm) core.
Historically, core was orientated using the Reflex ACT Core orientation system.
Currently, core is orientated using the Boart Longyear Trucore Core Orientation
system.
RC drilling was generally completed using a 5.75” drill bit, downsized to 5.25” at
depth.
In many cases RC pre-collars were drilled followed by diamond tails. Pre-collar
depth was determined in the drill design phase depending on the target been
drilled and production constraints.
Drill
sample
recovery
Method of recording and assessing core and
chip sample recoveries and results assessed.
For DD drilling, any core loss is recorded on the core block by the driller. This is
then captured by the logging geologist and entered as interval into the hole log.
Measures taken to maximise sample recovery
and ensure representative nature of the
samples.
For diamond drilling the contractors adjust their rate of drilling and method if
recovery issues arise. All recovery is recorded by the drillers on core blocks.
This is checked and compared to the measurements of the core by the
geological team. Any issues are communicated back to the drilling contractor.
Whether a relationship exists between sample
recovery and grade and whether sample bias
may have occurred due to preferential
loss/gain of fine/coarse material.
Recovery was excellent for diamond core and no relationship between grade
and recovery was observed. Average recovery across the Kundana camp is at
99%. Much of the core loss at Xmas is in the footwall of the main lodes, where
a softer shear zone exists in the SAQ lithological unit.
Logging Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate Mineral
Resource estimation, mining studies and
metallurgical studies.
All diamond core is logged for lithology, veining, alteration, mineralisation and
structural. Structural measurements of specific features are also taken through
oriented zones.

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Criteria JORC Code explanation Commentary
Logging is entered in AcQuire using a series of drop-down menus which contain
the appropriate codes for description of the rock.
Whether logging is qualitative or quantitative
in nature. Core (or costean, channel, etc.)
photography.
All core logging is qualitative with mineralised zones assayed for quantitative
measurements. Every core tray is photographed wet.
All underground faces are logged and sampled to provide both qualitative and
quantitative data.
The total length and percentage of the
relevant intersections logged.
For all drill holes, the entire length of the hole was logged.
Sub-
sampling
techniques
and sample
preparation
If core, whether cut or sawn and whether
quarter, half or all core taken.
Diamond core is cut using an automated core saw. The type of drilling
determines the level of sampling/cutting completed i.e., half core is always
taken for exploration drilling. In the case of half core sampling, half the core is
taken with the remaining half being stored for later reference. Whole core
samples are utilised in areas where the ground conditions result in very broken
core and cutting the core is not practical.
If non-core, whether riffled, tube sampled,
rotary split, etc. and whether sampled wet or
dry.
For RC drilling, all RC samples are split using a rig-mounted cone splitter to
collect a sample 3 - 4kg in size from each 1m interval. These samples were
utilised for any zones approaching known mineralisation and from any areas
identified as having anomalous gold. Outside known mineralised zones spear
samples were taken over a 4m interval for composite sampling.
For all sample types, the nature, quality and
appropriateness of the sample preparation
technique.
Preparation of NSR underground channel samples was conducted at Bureau
Veritas Kalgoorlie and Perth preparation facilities. Underground drill core
samples were processed at ALS Global Kalgoorlie and Perth facilities. Surface
exploration drilling was sent to Genalysis. Sample preparation commenced with
sorting, checking and drying at less than 110°C to prevent sulphide breakdown.
Samples are jaw crushed to a nominal -6mm particle size. If the sample is
greater than 3kg, a Boyd crusher with rotary splitter is used to reduce the
sample size to less than 3kg (typically 1.5kg) at a nominal <3mm particle size.
The entire crushed sample (if less than 3kg) or sub-sample is then pulverised to
90% passing 75µm, using a Labtechnics LM5 bowl pulveriser. 400g pulp
subsamples are then taken with an aluminium scoop and stored in labelled pulp
packets.
The sample preparation is considered appropriate for the deposits.
Quality control procedures adopted for all sub-
sampling stages to maximise representivity of
samples.
Procedures are utilised to guide the selection of sample material in the field.
Standard procedures are used for all processes within the laboratory. Grind
checks are performed at the pulverising stage requiring at least 90% of material
to pass below 75μm.
Measures taken to ensure that the sampling is
representative of the in-situ material collected,
including for instance results for field duplicate
/ second-half sampling.
Umpire sampling selection is conducted on all the Kundana core samples as an
entire batch. A minimum of 3% of the total samples processed each month are
selected to be sent to the ALS Perth check lab.
Whether sample sizes are appropriate to the
grain size of the material being sampled.
The sample sizes are considered appropriate for the material been sampled.
Quality of
assay data
and
laboratory
tests
The nature, quality and appropriateness of the
assaying and laboratory procedures used and
whether the technique is considered partial or
total.
A 40g fire assay charge is used with a lead flux in the furnace. The prill is totally
digested by HCl and HNO3acids before Atomic Absorption Spectroscopy (AAS)
determination for gold analysis. For areas around the target zone and of
prospective high-grade mineralisation, a fire assay to extinction method may be
used. For the assay to extinction, a total of five 40g charges go through the
above fire assay process. The average of these five charges is then taken and
used as the primary assay value. These extent and selection of which zones

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Criteria JORC Code explanation Commentary
are fire assayed to extinction is decided upon by the logging geologist at the
sample selection stage.
For geophysical tools, spectrometers,
handheld XRF instruments, etc., the
parameters used in determining the analysis
including instrument make and model, reading
times, calibrations factors applied and their
derivation, etc.
No geophysical tools were used to determine any element concentrations.
Nature of quality control procedures adopted
(e.g., standards, blanks, duplicates, external
laboratory checks) and whether acceptable
levels of accuracy (i.e., lack of bias) and
precision have been established.
Certified reference materials (CRMs) are inserted into the sample sequence at
a rate of 1 per 20 samples to ensure correct calibration. Any values outside of 3
standard deviations are re-assayed with a new CRM.
Blanks are inserted into the sample sequence at a rate of 1 per 20 samples.
The insertion points are selected at random but are at least 1 in every 20
samples. Results greater than 0.2gpt if received are investigated, and re-
assayed if appropriate. New pulps are prepared if anomalous results cannot be
resolved.
Barren flushes are regularly inserted after anticipated high gold grades at the
pulverising stage. When visible gold is observed in core, a quartz flush is
requested after the sample.
No field duplicates were submitted for diamond core.
Pulp duplicates are requested after zones of suspected mineralisation.
However, areas which are fire assayed to extinction are not selected to have
pulp duplicates analysed These are indicated on the sample sheet and
submission sheet.
Laboratory performance was monitored using the results from the QA samples
mentioned above. This was supplemented by the internal QA samples used by
the laboratories, which included pulp duplicates and CRMs.
The QA studies indicate that accuracy and precision are within industry
accepted limits.
Verification
of
sampling
and
assaying
The verification of significant intersections by
either independent or alternative company
personnel.
All significant intersections are verified by another Northern Star geologist
during the drill hole validation process, and later by a Competent Person to be
signed off.
The use of twinned holes. No twinned holes were drilled for this data set. Re-drilling of some of the
drillholes has occurred due to issues downhole (e.g., bogged rods). These have
been captured in the database as an ‘A’. Re-drilled holes are sampled whilst the
original drillhole is logged but not sampled.
Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.
Geological logging and sampling are directly recorded into AcQuire. Assay files
are received in .cvs, .pdf and **.sif formats. The csv’s are loaded directly
into the database using an AcQuire importer object. Assays are then processed
through a form in AcQuire for QAQC checks. Noneditable electronic copies of
these are stored.
Discuss any adjustment to assay data. No adjustments are made to this assay data. If there are issues with the results
files received, amended versions are requested from the lab.
Location of
data points
Accuracy and quality of surveys used to
locate drill holes (collar and down-hole
surveys), trenches, mine workings and other
locations used in Mineral Resource
estimation.
Planned holes are marked up by the mine survey department using a total
station survey instrument in mine grid (Kundana 10). The actual hole position is
then located by the mine survey department once drilling is completed. In some
cases, drill hole collar points are measured off survey stations if a mark-up
cannot be completed.

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Criteria JORC Code explanation Commentary
Holes are lined up on the collar point using the DHS Minnovare Azimuth
Aligner. Planned azimuths and dips of the holes are downloaded to the aligner
which is then placed on the rod string to align the hole for drilling.
During drilling, single shot surveys are conducted at the 30m mark to check
azimuth aligner set up and track off collar deviation. The DeviFlex tool is used
at 50m intervals to track the deviation of the hole and to ensure it stays close to
design. This is a relative change tool which measures the change in orientation
along the path of the hole at 3m intervals. The DeviFlex tool is referenced back
to the azimuth aligner measurement to provide a non-magnetic survey in true
North. At the completion of the hole, a final DeviFlex survey is completed taking
measurements for the entire hole. Results are uploaded from the DeviFlex
software into cloud service. This data is then reviewed, downloaded, and
imported into the AcQuire database. The download from the DeviFlex service
utilises an average of all the DeviFlex surveys taken over the entire hole. These
are review and validated and erroneous surveys discarded.
Prior to the overshot mounted DeviFlex tool being available, a combination of
magnetic and DeviFlex single shot surveys were used and 30m intervals whilst
drilling. A final end of hole multi shot DeviFlex survey was taken to provide a
continuous non-magnetic survey of the entire hole trace.
Specification of the grid system used. Collar coordinates are recorded in mine grid (Kundana 10) and transformed into
MGA94_51 for reporting.
Quality and adequacy of topographic control. Quality topographic control has been achieved through Lidar data and survey
pickups of holes over the last 15 years.
Data
spacing
and
distribution
Data spacing for reporting of Exploration
Results.
Drill hole spacing varies across the deposit. For resource targeting drilling
spacing was typically a minimum of 60m x 60m. This allowed for RSD and GC
infill drilling down 15m x 15m.
Whether the data spacing and distribution is
sufficient to establish the degree of geological
and grade continuity appropriate for the
Mineral Resource and Ore Reserve
estimation procedure(s) and classifications
applied.
The data spacing and distribution is considered sufficient to support the
resource and Reserve estimates.
Whether sample compositing has been
applied.
No sample compositing has been applied.
Orientation
of data in
relation to
geological
structure
Whether the orientation of sampling achieves
unbiased sampling of possible structures and
the extent to which this is known, considering
the deposit type.
The Kundana deposits are orientated relatively north to south with dips varying
between 30° to 90° to the West. Diamond drilling was designed to target the
orebodies perpendicular to this orientation to allow for an ideal intersection
angle. Instances where this was not achievable (mostly due to drill platform
location), drilling was not completed or re-designed once a suitable platform
became available.
Drill holes with low intersection angles will be excluded from resource
estimation where more suitable data is available.
If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to have
introduced a sampling bias, this should be
assessed and reported if material.
No sampling bias is considered to have been introduced by the drilling
orientation. Where drill holes have been particularly oblique, they have been
flagged as unsuitable for resource estimation.
Sample
security
The measures taken to ensure sample
security.
Prior to laboratory submission samples are stored by Northern Star Resources
in a secure yard. Once submitted to the laboratories they are stored in a secure
fenced compound, tracked through their chain of custody and via audit trails.

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Criteria JORC Code explanation Commentary
Audits or
reviews
The results of any audits or reviews of
sampling techniques and data.
No audits have been undertaken of the data and sampling practices at this
stage.

Section 2: Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
tenement and
land tenure
status
Type, reference name/number, location and
ownership including agreements or material
issues with third parties such as joint
ventures, partnerships, overriding royalties,
native title interests, historical sites,
wilderness or national park and
environmental settings.
All holes mentioned in this report are located within the M16/157 tenement,
which are owned by Kundana Gold Pty Ltd a wholly owned subsidiary of
Northern Star Resources. There are no private royalty agreements applicable
to this tenement.
The security of the tenure held at the time of
reporting along with any known impediments
to obtaining a licence to operate in the area.
No known impediments exist, and the tenements are in good standing.
Exploration
done by other
parties
Acknowledgment and appraisal of
exploration by other parties.
Early exploration was completed in the mid-1980s by the White Flag Joint
Venture with the development and operation of South Pit. Modern mining
continued in late 1980s with the Kundana North and Strzelecki Open pits.
Mining continued through to 1999 when the Centenary Underground ceased
operations.
Exploration continued over the camp through various companies including
Placer Dome and Barrick Gold.
Early 2014 saw Northern Star Resources purchase the Kundana camp from
Barrick Gold and mining recommenced in March 2014. Pegasus was
discovered in the same year and commenced mining in 2015.
Geology Deposit type, geological setting and style of
mineralisation.
The Kundana camp is situated within the Norseman-Wiluna Greenstone Belt,
in an area dominated by the Zuleika shear zone, which separates the
Coolgardie domain from the Ora Banda domain. This regional scale shear
zone also contains several large-scale faults cross cutting the major shear
zone at an approximately north-south orientation.
Mineralisation along the Strzelecki trend consists of a shear hosted vein. This
is present on the contact between a quartz-rich arenite (SAQ) unit and
intermediate andesite (Black Flag Group) unit. This quartz arenite unit is a
small sedimentary unit situated on the contact of the coarse-grained mafic
Powder Sill Gabbro.
The Xmas ore body sits on the Strzelecki trend to the north of the Lucifer
Fault. Recent close spaced drilling and development completed has indicated
the presence of smaller, mine scale faults which can disrupt the continuity of
the mineralised trend.
Drill hole
Information
A summary of all information material to the
understanding of the exploration results
including a tabulation of the following
information for all Material drill holes:
easting and northing of the drill hole
collar
A summary of the data present in the Xmas deposit can be found above.
The collar locations are presented in plots contained in the NSR 2021
resource report.

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Criteria JORC Code explanation Commentary
elevation or RL (Reduced Level –
elevation above sea level in metres) of
the drill hole collar
dip and azimuth of the hole
down hole length and interception depth
hole length.
Drill holes vary in dip from +44° to -76°, hole depths ranging from 13m to
876m with an average depth of 233m. The assay data acquired from these
holes are described in the NSR 2021 resource report.
All validated drill hole data were used directly or indirectly for the preparation
of the resource estimates described in the resource report.
If the exclusion of this information is justified
on the basis that the information is not
Material and this exclusion does not detract
from the understanding of the report, the
Competent Person should clearly explain
why this is the case.
The exclusion of information is not material.
Data
aggregation
methods
In reporting Exploration Results, weighting
averaging techniques, maximum and/or
minimum grade truncations (e.g., cutting of
high grades) and cut-off grades are usually
Material and should be stated.
All reported assay results have been length weighted to provide an
intersection width. A maximum of 2m of barren material (considered < 1gpt)
between mineralised samples has been permitted in the calculation of these
widths. Typically grades over 2.0gpt are considered significant, however,
where low grades are intersected in areas of known mineralisation these will
be reported. No top-cutting is applied when reporting intersection results.
Where aggregate intercepts incorporate
short lengths of high grade results and
longer lengths of low grade results, the
procedure used for such aggregation should
be stated and some typical examples of
such aggregations should be shown in
detail.
Where an intersection incorporates short lengths of high grade results these
intersections will be reported in addition to the aggregate value. These will
typically take the form of ##.#m @ ##.##gpt including ##.#m @ ##.##gpt.
The assumptions used for any reporting of
metal equivalent values should be clearly
stated.
No metal equivalent values have been used for the reporting of these
exploration results.
Relationship
between
mineralisation
widths and
intercept
lengths
These relationships are particularly
important in the reporting of Exploration
Results:
True widths have been calculated for intersections of the known ore zones,
based on existing knowledge of the nature of these structures.
If the geometry of the mineralisation with
respect to the drill hole angle is known, its
nature should be reported.
Both the downhole width and true width have been clearly specified when
used.
If it is not known and only the down hole
lengths are reported, there should be a clear
statement to this effect (e.g., ‘down hole
length, true width not known’).
It is known and has been reported as such.
Diagrams Appropriate maps and sections (with scales)
and tabulations of intercepts should be
included for any significant discovery being
reported These should include, but not be
limited to a plan view of drill hole collar
locations and appropriate sectional views.
Appropriate plans and section have been included at the end of this Table and
in the NSR 2021 resource report.
Balanced
reporting
Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and high
grades and/or widths should be practiced to
avoid misleading reporting of Exploration
Results.
Both high and low grades have been reported accurately, clearly identified
with the drill hole attributes and ‘From’ and ‘To’ depths.

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Criteria JORC Code explanation Commentary
Other
substantive
exploration
data
Other exploration data, if meaningful and
material, should be reported including (but
not limited to): geological observations;
geophysical survey results; geochemical
survey results; bulk samples – size and
method of treatment; metallurgical test
results; bulk density, groundwater,
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.
No other material exploration data has been collected for this area.
Further work The nature and scale of planned further work
(e.g., tests for lateral extensions or depth
extensions or large-scale step-out drilling).
Drilling will continue in various parts of the deposit with the intention of
extending areas of known mineralization. Drilling is continuing down dip of the
currently defined Xmas structure. Drilling will also focus on infilling areas of the
resource to improve confidence prior to development.
Diagrams clearly highlighting the areas of
possible extensions, including the main
geological interpretations and future drilling
areas, provided this information is not
commercially sensitive.
Appropriate diagrams accompany this release.

Section 3: Estimation and Reporting of Mineral Resources (Criteria listed in section 1, and where relevant in section 2, also apply to this section.)

Criteria JORC Code explanation Commentary
Database
integrity
Measures taken to ensure that data has not
been corrupted by, for example,
transcription or keying errors, between its
initial collection and its use for Mineral
Resource estimation purposes.
Sampling and logging data are either recorded on paper and manually
entered into a database system or is captured digitally via a logging laptop
and directly loaded into the database system. There are checks in place to
avoid duplicate holes and sample numbers. Where possible, raw data is
loaded directly into the database from laboratory and survey derived files.
Northern Star personnel have validated the database during the interpretation
of the mineralization, with any drill holes containing dubious data excluded
from the MRE.
Northern Star has provided a list of holes to be excluded from the MRE and
the reasons behind those exclusions in the MY21 Xmas Resource Report.
Data validation procedures used. The complete exported data base including drill and face samples is brought
into Datamine RM and checked visually for any apparent errors i.e., holes or
faces sitting between levels or not on surface DTM’s. Multiple checks are then
made on numerical data including:
Empty table checks to ensure all relevant fields are populated
Unique collar location check,
Distances between consecutive surveys is no more than 50m for drill-
holes
Differences in azimuth and dip between consecutive surveys of no more
than 0.3 degrees
The end of hole extrapolation from the last surveyed shot is no more than
30m
Underground face sample lines are not greater than +- 5 degrees from
horizontal (unless sampling has purposely been completed as such i.e.,
sampling low-angle mineralisation)
Errors are corrected where possible. When not possible the data is resource
flagged as “No” in the database and the database is re-exported. This data
will not be used in the estimation process.

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Criteria JORC Code explanation Commentary
In addition to being validated, drill holes are assigned a Data Class, which
provides a secondary level of confidence in the quality of the data.
An extensive review of all the historic data for Xmas was undertaken in 2018
and Data Class (DC) values from 0 - 3 assigned to each drill hole and
channel, criteria summarised below:

DC 3 = Recent data; all data high quality, validated and all original data
available.
DC 2 = Historic data; may or may not have all data in AcQuire or hard copy
available but has proximity to recent drilling which confirms the dip, width
and tenor. Used to assist in classification.
DC 2 = Recent data; minor issues with data but away from the ore zone.
DC 1 = Historic data; same criteria as DC 2 but cannot be verified with
recent drilling, i.e., too far away or too dissimilar dip, width and/or tenor to
recent drilling. Not to be used in Resource estimate.
DC 0 = Historic data; no original information or new drilling in proximity to
verify. Not to be used in Resource estimate.
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
The geological interpretations underpinning these resource models have been
prepared by geologists working in adjacent mines and in direct, daily contact
with similar ore bodies. The estimation of grades was undertaken by
personnel familiar with the ore body and the general style of mineralisation
encountered. The Senior Resource Geologist, a Competent Person for
reviewing and signing off on estimations of the Xmas lodes maintained a site
presence throughout the process.
If no site visits have been undertaken
indicate why this is the case.
The Competent Person has maintained a presence onsite.
Geological
interpretation
Confidence in (or conversely, the uncertainty
of) the geological interpretation of the
mineral deposit.
The interpretation of the Xmas deposit has been carried out using a
systematic approach to ensure continuity of the geology and estimated
mineral resource. The confidence in the geological interpretation is moderate
and is supported with information acquired during ore development as well as
from drilling. It is difficult to interpret many of the smaller scale structures
which offset the ore from diamond drilling data alone. Efforts have been taken
to proactively interpret these structures wherever possible, with intersected
structures extrapolated to the extents of the deposit.
The interpretation of the Xmas mineralisation wireframe was conducted using
the sectional interpretation method in Datamine RM software. Where
development levels were present sectional interpretation was completed in
plan-view at approximately 5 - 10m spacing to allow for a better constrained
and geologically realistic wireframe. Where only drilling data was present
sectional interpretation was completed at approximately 20m spacing.
Nature of the data used and of any
assumptions made.
Xmas mineralisation is based on drill and face data (lithology, structure,
alteration, and mineralization logs). The primary assumption is that the
mineralization is hosted within structurally controlled quartz veins, which is
considered robust.
The effect, if any, of alternative
interpretations on Mineral Resource
estimation.
No alternative interpretations have been considered.
The use of geology in guiding and
controlling Mineral Resource estimation.
The interpretation of the main Xmas structure (XMV) is based on the presence
of logged quartz percentage, quartz veining/shearing and continuity between
sections of these structures and adjacent mineralised structures. The XHW
lode is in the hanging wall of XMV. XHW has been interpreted based on the
presence of logged quartz.
The factors affecting continuity both of grade
and geology.
Xmas is interpreted to be offset by several cross-cutting structures along its
strike length, ranging from centimetre to metre scale. As these intersect
obliquely to the ore lode, the result can be a ‘gap’ in the ore wireframe where

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Criteria JORC Code explanation Commentary
no volume exists. Efforts have been made to interpret these structures
wherever possible to ensure reasonable conversion of Resource as data
spacing increases.
Mineralisation on the Xmas trend is truncated at the south by the Lucifer fault.
The relationship between the Strzelecki and Xmas deposits is currently under
investigation. At this stage, a hard boundary is assumed which prevents high-
grade intersections at the south of Strzelecki from informing the Xmas
estimate.
Grade continuity within the XMV is inconsistent and as such, the
mineralisation has had spatial sub-domaining applied, based on gold grade.
A semi-soft boundary has been used for the sub-domains during the
estimation allowing slight smoothing along the boundaries between high- and
low-grade (the current understanding is that the subdomain boundary is
somewhat diffuse).
Dimensions The extent and variability of the Mineral
Resource expressed as length (along strike
or otherwise), plan width, and depth below
surface to the upper and lower limits of the
Mineral Resource.
The Xmas deposit extends over 800m of strike at the top of the deposit (near
surface) with a dip extent of 1,000m.
The XMV is ~ 0.3m wide and can be up to 1m wide with a minimum width of ~
0.1m.
The XHW has a 150m strike and 80m down dip extent. XHW is ~ 0.2m wide.
Estimation
and modelling
techniques
The nature and appropriateness of the
estimation technique(s) applied and key
assumptions, including treatment of extreme
grade values, domaining, interpolation
parameters and maximum distance of
extrapolation from data points. If a computer
assisted estimation method was chosen
include a description of computer software
and parameters used.
The Xmas mineralisation is comprised of the Xmas Main Vein (XMV) and
Xmas hanging wall (XHW) lodes. All mineralisation domains used 1.0m
composites with direct grade estimation. The Resource Estimation has been
completed using Ordinary Kriging (OK), utilising a three-pass search strategy
using Datamine Studio RM software. Details of the estimation parameters for
each mineralisation zone are summarised below.
XMV - divided into three subdomains based on grade and data density: high-
grade, low-grade, and dense data sub domains. The subdomains were
combined, and an influence limitation top cut selected at 150gpt Au. A lower
cut grade of 15gpt was selected to create the lower cut model (this is
described in grade cut strategy below). Once top cut, variography was
completed on the combined composite file, indicating grade continuity in a
southern plunge direction for the high-grade subdomain (likely a result of the
intersection lineation between the XMV lode and the Lucifer Fault). A northern
plunge direction was selected for the low-grade domain. The face subdomain
is contained within the high-grade domain. This is an area of both high grade
and high data-density (where development has been completed). An influence
limitation top cut of 250gpt has been used for this subdomain. The face
subdomain also uses a southerly plunge but is more isotropic than the lower
data-density subdomains. The data had a search range of 40m- 50m in
direction 1 and 30m - 45m in direction 2. Three passes were used for
estimation with distances generally 66% of the variogram range (although also
driven by the underlying understanding of the local Geology).
XHW - top cut of 150gpt selected. Due to the low number of samples (4 in
total), variography was not possible. The XHW domain borrowed variography
from the XMV for the OK estimate. The data had a search range of ~200m in
direction 1 and 150m in direction 2. Three passes were used for estimation
with distances based on the XMV variography.
The availability of check estimates, previous
estimates and/or mine production records
and whether the Mineral Resource Estimate
takes appropriate account of such data.
All mineralisation zones had check estimates using Inverse Distance power of
2 (ID2) and Nearest Neighbour (NN) completed as a comparison.
Estimates using a soft and semi-soft boundary (with the Strzelecki and Xmas
composites combined) have also been compared and reviewed for previous
versions of the Xmas estimate.

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Criteria JORC Code explanation Commentary
Estimates have been compared to the previous MRE, with any change having
to be justifiable.
The assumptions made regarding recovery
of by-products.
No assumptions have been made regarding recovery of any by-products.
Estimation of deleterious elements or other
non-grade variables of economic
significance (e.g., sulphur for acid mine
drainage characterisation).
No deleterious elements have been considered and therefore estimated for
this deposit.
In the case of block model interpolation, the
block size in relation to the average sample
spacing and the search employed.
The data spacing varies considerably within the deposit, ranging from
underground development samples (every 3m along strike x 25m down dip) to
drill hole intercepts which varied from grade control spacing at 20m (along
strike) x 25m (down dip) to resource definition spacing at 40m (along strike) x
50m (down dip).
As such, the block sizes varied depending on sample density. In areas of
high-density, a 5m x 5m x 5m block size was chosen. For lower-density
drilling (where no development was present) a block size of 10m x 10m x 10m
was chosen.
All the varying block sizes are added together after being estimated
individually.
Search ellipse dimensions were derived as a ratio of the variogram range
(dependent on the underlying Geology of each domain).
Any assumptions behind modelling of
selective mining units.
No selective mining units are assumed in this estimate.
Any assumptions about correlation between
variables.
No other elements other than gold have been estimated.
Description of how the geological
interpretation was used to control the
resource estimates.
Hanging wall and footwall wireframe surfaces were created using sectional
interpretation. These were used to define the XMV and XHW mineralised
zones based on the shearing, veins, and gold grade.
XMV (Xmas main vein) steeply dipping structure with quartz veining evident
from drilling.
XHW (Xmas hanging wall) small steeply dipping structure in the hanging wall
of the XMV.
For mine planning purposes a waste model is created by projecting the
hanging wall and footwall surfaces 50m either side. A default grade of 0.1gpt
is assigned and the same resource classification as the adjacent ore lode is
applied.
Discussion of basis for using or not using
grade cutting or capping.
Top cuts were applied to the composited sample data. Top cuts were selected
based on a statistical analysis of the data and vary by domain (ranging from
15gpt to 250gpt for Xmas).
The top cut values are applied in several steps using influence limitation top
capping. A top cut (AU) and non-top cut (_NC) variable is created, as well as
a spatial variable (
_BC) which only has values where the top cut values
appear; this applies to gold top cutting only. For example, where gold requires
a top cut, the following variables will be created and estimated:
AU (top cut gold)
AU_NC (non-top-cut gold)

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Criteria JORC Code explanation Commentary
AU_IL (spatial variable; values present where AU data is top cut)
The top-cut and non-top cut values are estimated using search ranges based
on the modelled gold variogram, and the _BC values estimated using very
small ranges (e.g., 5m x 5m x 5m). Where the
_BC values produce estimated
blocks within these restricted ranges, the _NC estimated values replace the
original top cut estimated values (AU).
The same principle has been applied to produce a ‘lower-cut’ to the
composited sample data with the intention of limiting the impact of high-grade
samples on genuine low-grade areas, especially where there is an order of
magnitude difference in assayed grade. A spatial variable (
_LC) is created
using the non-top cut (_NC) variable which only has values where the low-cut
values appear; this applies to gold low cutting only. For example, where gold
requires a low cut, the following variables will be created and estimated:
AU_NC (non- cut gold)
AUIL_LC (spatial variable; values present where AU data is low-cut)
The non-top cut values are estimated using search ranges based on the
modelled gold variogram, and the
_LC values estimated using small ranges
(e.g., 25m x 20m x 15m). Where the _LC values produce estimated blocks
within these restricted ranges, the
_LC estimated values replace the original
top cut estimated values (AU). Multiple iterations are tested with different
search ranges.
The process of validation, the checking
process used, the comparison of model data
to drill hole data, and use of reconciliation
data if available.
Statistical measures of Kriging error, such as Kriging Efficiency and Slope of
Regression, are used to assess the quality of the estimation for each domain.
Differences between the declustered, top-cut composite data set and the
average model grade must be within 10%.
Swath plots comparing declustered, top-cut composites to block model grades
are prepared.
Visually, block grades are assessed against drill hole and face data.
Moisture Whether the tonnages are estimated on a
dry basis or with natural moisture, and the
method of determination of the moisture
content.
The tonnes have been estimated on a dry basis.
Cut-off
parameters
The basis of the adopted cut-off grade(s) or
quality parameters applied.
The Mineral Resource Estimate has been reported at a 1.63gpt cut off within
2.5m minimum mining width including no dilution MSOs using a
$AUD2,250/oz gold price.
Mining factors
or
assumptions
Assumptions made regarding possible
mining methods, minimum mining
dimensions and internal (or, if applicable,
external) mining dilution. It is always
necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential mining methods, but the
assumptions made regarding mining
methods and parameters when estimating
Mineral Resources may not always be
rigorous. Where this is the case, this should
be reported with an explanation of the basis
of the mining assumptions made.
No mining assumptions have been made during the resource wireframing or
estimation process.
Metallurgical
factors or
assumptions
The basis for assumptions or predictions
regarding metallurgical amenability. It is
always necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
No metallurgical or recovery assumptions have been made during the MRE.

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Criteria JORC Code explanation Commentary
potential metallurgical methods, but the
assumptions regarding metallurgical
treatment processes and parameters made
when reporting Mineral Resources may not
always be rigorous. Where this is the case,
this should be reported with an explanation
of the basis of the metallurgical assumptions
made.
Environmental
factors or
assumptions
Assumptions made regarding possible
waste and process residue disposal options.
It is always necessary as part of the process
of determining reasonable prospects for
eventual economic extraction to consider the
potential environmental impacts of the
mining and processing operation. While at
this stage the determination of potential
environmental impacts, particularly for a
green fields project, may not always be well
advanced, the status of early consideration
of these potential environmental impacts
should be reported. Where these aspects
have not been considered this should be
reported with an explanation of the
environmental assumptions made.
A “Licence to Operate” is held by the operation which is issued under the
requirement of the “Environmental Protection Act 1986”, administered by the
Department of Environment (DoE). The Licence stipulates environmental
conditions for the control of air quality, solid waste management, water quality,
and general conditions for operation. Groundwater Licences are held for water
abstraction, including production bore field water use for mineral processing,
and mine dewatering, in accordance with the Rights in Water and Irrigation
Act 1914. These Licences are also regulated by DoE and are renewable on a
regular basis. Kanowna Operations conduct extensive environmental
monitoring and management programs to ensure compliance with the
requirements of the Licences and lease conditions. An Environmental
Management System is in place to ensure that Northern Star employees and
contractors exceed environmental compliance requirements.
The Kalgoorlie operations are fully permitted including groundwater extraction
and dewatering, removal of vegetation, mineral processing, and open pits.
Kalgoorlie Operations have been compliant with the International Cyanide
Management Code since 2008.
Compliance with air quality permits is particularly important at Kanowna
because of the roaster operation. Kanowna has a management program in
place to minimize the impact of SO2on regional air quality and ensure
compliance with regulatory limits.
Bulk density Whether assumed or determined. If
assumed, the basis for the assumptions. If
determined, the method used, whether wet
or dry, the frequency of the measurements,
the nature, size and representativeness of
the samples.
A thorough investigation into average density values for the various
lithological units at Xmas has been completed. As a result, the mean densities
by lithology were coded into the database (taking an average of all
measurements, excluding outliers). Where there were no measurements for a
specific lithology, a default of 2.77 t/m3was applied.
Density was then estimated by Ordinary Kriging using the associated gold
estimation parameters for that domain.
Post estimation, default density values for the oxide and transition zones were
applied, based on regional averages.
The bulk density for bulk material must have
been measured by methods that adequately
account for void spaces (vugs, porosity,
etc.), moisture and differences between rock
and alteration zones within the deposit.
No/minimal voids are encountered in the ore zones and underground
environment.
Discuss assumptions for bulk density
estimates used in the evaluation process of
the different materials.
Assumptions on the average bulk density of individual lithologies, based on
1,854 bulk density measurements at Xmas. Assumptions were also made
based on regional averages on the default densities applied to oxide (1.8 t/m3)
and transitional (2.3 t/m3) material, due to lack of measurements in these
zones.
Classification The basis for the classification of the Mineral
Resources into varying confidence
categories.
Classification is based on a series of factors including:
Geologic grade continuity
Density of available drilling
Statistical evaluation of the quality of the kriging estimate
Confidence in both recent and historical data

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Criteria JORC Code explanation Commentary
Whether appropriate account has been
taken of all relevant factors (i.e., relative
confidence in tonnage/grade estimations,
reliability of input data, confidence in
continuity of geology and metal values,
quality, quantity and distribution of the data).
All relevant factors have been given due weighting during the classification
process.
Whether the result appropriately reflects the
Competent Person’s view of the deposit.
The resource model methodology is appropriate, and the estimated grades
reflect the Competent Person’s view of the deposit.
Audits or
reviews
The results of any audits or reviews of
Mineral Resource Estimates.
The Resource model has been subjected to internal peer reviews. No external
audits have been undertaken on Xmas.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in the
Mineral Resource Estimate using an
approach or procedure deemed appropriate
by the Competent Person. For example, the
application of statistical or geostatistical
procedures to quantify the relative accuracy
of the resource within stated confidence
limits, or, if such an approach is not deemed
appropriate, a qualitative discussion of the
factors that could affect the relative accuracy
and confidence of the estimate.
The Mineral Resource Estimate is considered robust and representative of the
Xmas-Strzelecki style of mineralization.
The application of geostatistical methods has helped to increase the
confidence of the model and quantify the relative accuracy of the resource.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
economic evaluation. Documentation should
include assumptions made and the
procedures used.
This resource report relates to the Xmas mineralization. The model will show
local variability even though the global estimate reflects the total average
tonnes and grade.
These statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
No reconciliation factors are applied to the resource post-modelling.

XMAS DEPOSIT

Long section view of the Xmas deposit and data used in the Resource Estimate

Strzele ~~cki~~ Xmas

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Section 4: Estimation and Reporting of Ore Reserves

(Criteria listed in section 1, and where relevant in sections 2 and 3, also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
Resource
Estimate for
conversion to
Ore Reserves
Description of the Mineral Resource
Estimate used as a basis for the conversion
to an Ore Reserve.
Northern Star Resources Limited March 2021 Mineral Resource
Clear statement as to whether the Mineral
Resources are reported additional to, or
inclusive of, the Ore Reserves.
The Mineral Resources are reported inclusive of the Ore Reserve
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
Site visits have been undertaken by the Competent Person.
If no site visits have been undertaken
indicate why this is the case.
Site visits undertaken.
Study status The type and level of study undertaken to
enable Mineral Resources to be converted
to Ore Reserves.
A minimum Pre-Feasibility level study has been completed.
The Code requires that a study to at least
Pre-Feasibility Study level has been
undertaken to convert Mineral Resources to
Ore Reserves. Such studies will have been
carried out and will have determined a mine
plan that is technically achievable and
economically viable, and that material
Modifying Factors have been considered.
Upgrade of previous Ore Reserve.
Cut-off
parameters
The basis of the cut-off grade(s) or quality
parameters applied.
Forward looking forecast costs and physicals form the basis of the cut-off
grade calculations.

The assumed AUD gold price is at a conservative assumption of $1,750/oz

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Criteria JORC Code explanation Commentary

Mill recovery factors are based on test work and historical averages from
the region.
Various cut-off grades are calculated including a break-even cut-off grade
(BCOG), Variable cut-off grade (VCOG) and Mill cut-off grade (MCOG). The
VCOG is used as the basis for stope design, though any areas which are
marginal or require significant development are assessed by a more detailed
financial analysis to confirm their profitability.
Mining factors
or
assumptions
The method and assumptions used as
reported in the Pre-Feasibility or Feasibility
Study to convert the Mineral Resource to an
Ore Reserve (i.e., either by application of
appropriate factors by optimisation or by
preliminary or detailed design).
Indicated Resources were converted to Probable Ore Reserves subject to
mine design physicals and an economic evaluation. Stockpiled material was
considered as proved.
The choice, nature and appropriateness of
the selected mining method(s) and other
mining parameters including associated
design issues such as pre-strip, access, etc.
The Millennium underground mine (incorporating Millennium, Centenary,
Pope John, Moonbeam, Strzelecki and Xmas) is accessed via a portal within
the open pit. The ore is accessed from the footwall for Xmas from levels at
20m spacing. Top down open stoping methods are applied and the levels are
broken into selectively sized stoping blocks to maximise production.
The assumptions made regarding
geotechnical parameters (e.g., pit slopes,
stope sizes, etc.), grade control and pre-
production drilling.
The mine design considers well established geotechnical constraints and is
reviewed by geotechnical engineers prior to being finalised.
Historical geological and geotechnical information is gathered from the nearby
operations including Barkers, Strzelecki, Centenary and Raleigh, and still in
operation, Rubicon, Hornet and Pegasus with learnings applied to the
geotechnical parameters used.
Grade control is carried out through resource definition drilling and face
sampling of all ore drives.
The major assumptions made and Mineral
Resource model used for pit and stope
optimisation (if appropriate).
This Table 1 applies to underground mining only.
The mining dilution factors used. 20% dilution has been applied to all stopes.
The mining recovery factors used. A calculated 70% recovery is applied to unfilled up hole stopes to account for
pillar requirements.
Any minimum mining widths used. A minimum stope mining width of 2.5m has been used. This considers a
minimum stope width of 1.7m +0.4m dilution in the Hangingwall and +0.4m
dilution in the Footwall
The manner in which Inferred Mineral
Resources are utilised in mining studies and
the sensitivity of the outcome to their
inclusion.
Designed stopes with greater than 50% inferred blocks are excluded from the
reported Ore Reserve.
The infrastructure requirements of the
selected mining methods.
Infrastructure in place, currently an operating mine.
Metallurgical
factors or
assumptions
The metallurgical process proposed and the
appropriateness of that process to the style
of mineralisation.
Ore from the Kundana Gold operations is treated at the Jubilee Mill, Kanowna
Belle and Carosue Dam milling facilities, all owned by NSR.
These facilities are designed to process more than 6.7 million tonnes per
annum as a combined throughput (Jubilee – 1Mtpa, Kanowna Belle– 2Mtpa,
Carosue Dam – 3.7Mtpa). All plants have the capability to treat free milling
ores with additional capacity at the Kanowna Belle facility to treat refractory

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Criteria JORC Code explanation Commentary
material. Ore is treated either using the flotation circuit and associated
concentrate roaster circuit (including carbon-in-leach (CIL) gold recovery) or
bypassing the flotation circuit and going directly to a CIL circuit designed to
treat flotation tails. The plants campaign both refractory and free milling ores
every month.
Whether the metallurgical process is well-
tested technology or novel in nature.
Plus 10 years milling experience with Kundana ores.
The nature, amount and representativeness
of metallurgical test work undertaken, the
nature of the metallurgical domaining
applied and the corresponding metallurgical
recovery factors applied.
Plus 10 years milling experience with Kundana ores.
Any assumptions or allowances made for
deleterious elements.
No assumptions made
The existence of any bulk sample or pilot
scale test work and the degree to which
such samples are considered representative
of the orebody as a whole.
Plus 10 years milling experience with Kundana ores.
For minerals that are defined by a
specification, has the ore Reserve
estimation been based on the appropriate
mineralogy to meet the specifications?
Not applicable
Environmental The status of studies of potential
environmental impacts of the mining and
processing operation. Details of waste rock
characterisation and the consideration of
potential sites, status of design options
considered and, where applicable, the status
of approvals for process residue storage and
waste dumps should be reported.
The Kundana Gold operation is currently compliant with all legal and
regulatory requirements. All government permits and Licences and statutory
approvals are either granted or in the process of being granted.
Infrastructure The existence of appropriate infrastructure:
availability of land for plant development,
power, water, transportation (particularly for
bulk commodities), labour, accommodation;
or the ease with which the infrastructure can
be provided or accessed.
All current site infrastructure is suitable to the proposed mining plan.
Costs The derivation of, or assumptions made,
regarding projected capital costs in the
study.
Mine development capital cost based on historical performance on site and
life-of-mine forward planning. Plant and equipment capital are based on site
experience and the LOM plan.
The methodology used to estimate operating
costs.
All overhead costs and operational costs are projected forward on an AUD $/t
based on historical data.
Allowances made for the content of
deleterious elements.
No allowances made.
The derivation of assumptions made of
metal or commodity price(s), for the principal
minerals and co- products.
Single commodity pricing for gold only, using a long-term gold price of AUD
$1,750/oz, 2.5% WA state Government Royalty, as per NSR corporate
guidance

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Criteria JORC Code explanation Commentary
The source of exchange rates used in the
study.
All rates considered in Australian Dollars (AUD) as per NSR corporate
guidance.
Derivation of transportation charges. Historic performance.
The basis for forecasting or source of
treatment and refining charges, penalties for
failure to meet specification, etc.
Historic performance.
The allowances made for royalties payable,
both Government and private.
All State Govt. and third-party royalties are built into the cost model.
Revenue
factors
The derivation of, or assumptions made
regarding revenue factors including head
grade, metal or commodity price(s)
exchange rates, transportation and
treatment charges, penalties, net smelter
returns, etc.
All revenue based on a gold price of AUD $1,750/oz.
The derivation of assumptions made of
metal or commodity price(s), for the principal
metals, minerals and co-products.
Corporate guidance.
Market
assessment
The demand, supply and stock situation for
the particular commodity, consumption
trends and factors likely to affect supply and
demand into the future.
All product is assumed sold direct at the Corporate gold prices.
A customer and competitor analysis along
with the identification of likely market
windows for the product.
Not relevant for gold.
Price and volume forecasts and the basis for
these forecasts.
Not relevant for gold.
For industrial minerals the customer
specification, testing and acceptance
requirements prior to a supply contract.
Not relevant for gold.
Economic The inputs to the economic analysis to
produce the net present value (NPV) in the
study, the source and confidence of these
economic inputs including estimated
inflation, discount rate, etc.
All costs assumptions are made based on historical performance from the
mine and current economic forecast seen as representative of current market
conditions.
NPV ranges and sensitivity to variations in
the significant assumptions and inputs.
Sensitivities assessed at varying gold prices.
Social The status of agreements with key
stakeholders and matters leading to social
licence to operate.
Agreements are in place and are current with all key stakeholders.
Other To the extent relevant, the impact of the
following on the project and/or on the
estimation and classification of the Ore
Reserves:
No issues foreseen.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Any identified material naturally occurring
risks.
No issues foreseen.
The status of material legal agreements and
marketing arrangements.
No issues foreseen.
The status of governmental agreements and
approvals critical to the viability of the
project, such as mineral tenement status,
and government and statutory approvals.
There must be reasonable grounds to
expect that all necessary Government
approvals will be received within the
timeframes anticipated in the Pre-Feasibility
or Feasibility study. Highlight and discuss
the materiality of any unresolved matter that
is dependent on a third party on which
extraction of the Reserve is contingent.
No issues foreseen.
Classification The basis for the classification of the Ore
Reserves into varying confidence
categories.
All Ore Reserves include Proved and Probable classifications. These
classifications are based on Mineral Resource classifications as modified by
subsequent grade control drilling and face sampling results.
Whether the result appropriately reflects the
Competent Person’s view of the deposit.
The results appropriately reflect the Competent Persons view of the deposit.
The proportion of Probable Ore Reserves
that have been derived from Measured
Mineral Resources (if any).
None.
Audits or
reviews
The results of any audits or reviews of Ore
Reserve estimates.
This Ore Reserve has been prepared and peer reviewed internally within
Northern Star Resources. There have been no external reviews of this Ore
Reserve estimate.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in the
Ore Reserve estimate using an approach or
procedure deemed appropriate by the
Competent Person. For example, the
application of statistical or geostatistical
procedures to quantify the relative accuracy
of the Reserve within stated confidence
limits, or, if such an approach is not deemed
appropriate, a qualitative discussion of the
factors which could affect the relative
accuracy and confidence of the estimate.
Confidence in the model and Ore Reserve is considered high based on
nearby Northern Star operated mines along the same ore bearing structures.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
economic evaluation. Documentation should
include assumptions made and the
procedures used.
Ore Reserves are best reflected as global estimates.
Accuracy and confidence discussions
should extend to specific discussions of any
applied Modifying Factors that may have a
material impact on Ore Reserve viability, or
Other than dilution and recovery factors described above, no additional
modifying factors applied. There is high confidence in these models as the
areas are well known and well drilled.

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Criteria JORC Code explanation Commentary
for which there are remaining areas of
uncertainty at the current study stage.
It is recognised that this may not be possible
or appropriate in all circumstances. These
statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
Reconciliation results from past mining at Centenary, Millennium, Pope John,
Strzelecki and Raleigh reflect estimates in the Ore Reserve estimates.

JORC Code, 2012 Edition – Table 1 Report

Barkers Underground Resource - 31 March 2021

Section 1: Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria JORC Code explanation Commentary
Sampling
techniques
Nature and quality of sampling (e.g., cut
channels, random chips, or specific
specialised industry standard measurement
tools appropriate to the minerals under
investigation, such as down hole gamma
sondes, or handheld XRF instruments, etc.).
These examples should not be taken as
limiting the broad meaning of sampling.
Sampling was completed using a combination of Reverse Circulation (RC) and
Diamond Drilling (DD). Face samples were taken underground at the heading
using a rock pick.
Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any measurement
tools or systems used.
RC samples were split using a rig-mounted cone splitter on 1m intervals to
obtain a sample for assay. 4m composite spear samples were collected for
each hole with 1m samples submitted for areas of known mineralisation or
anomalism.
Aspects of the determination of mineralisation
that are Material to the Public Report. In
cases where ‘industry standard’ work has
been done this would be relatively simple
(e.g., ‘reverse circulation drilling was used to
obtain 1m samples from which 3kg was
pulverised to produce a 30g charge for fire
assay’). In other cases, more explanation may
be required, such as where there is coarse
gold that has inherent sampling problems.
Unusual commodities or mineralisation types
(e.g., submarine nodules) may warrant
disclosure of detailed information.
Diamond core was transferred to core trays for logging and sampling. Half core
samples were nominated by the geologist from both NQ2 and HQ2 diamond
core with a minimum sample width of either 20cm (HQ2) or 30cm (NQ2).
RC drilling was used to drill seven pre-collars these ranged in depths from 40m
– 99m. RC samples were split using a rig-mounted cone splitter on 1m intervals
to obtain a sample for assay. The RC drilling does not affect sampling of the
Barkers Main Vein.
Drilling
techniques
Drill type (e.g., core, reverse circulation, open-
hole hammer, rotary air blast, auger, Bangka,
sonic, etc.) and details (e.g., core diameter,
triple or standard tube, depth of diamond tails,
face-sampling bit or other type, whether core
is oriented and if so, by what method, etc.).
Both RC and diamond drilling techniques have been used at the Barkers
deposit. DD holes completed pre-2011 were predominantly NQ2 (50.5mm). All
resource definition holes completed post-2011 were drilled using HQ (63.5mm)
diameter core.
Core was orientated using the Reflex ACT Core orientation system.
RC drilling was completed using a 5.75” drill bit, downsized to 5.25” at depth.
RC pre-collar depth was restricted to 180m or less if approaching known
mineralisation.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Drill
sample
recovery
Method of recording and assessing core and
chip sample recoveries and results assessed.
RC drilling contractors adjust their drilling approach to specific conditions to
maximise sample recovery. Moisture content and sample recovery is recorded
for each RC sample. No recovery issues were identified during RC drilling.
Recovery is often poor at the very beginning of each hole, as is normal for this
type of drilling in overburden.
Measures taken to maximise sample recovery
and ensure representative nature of the
samples.
For diamond drilling, the contractors adjust their rate of drilling and method if
recovery issues arise. All recovery is recorded by the drillers on core blocks.
This is checked and compared to the measurements of the core by the
geological team. Any issues are communicated back to the drilling contractor.
Whether a relationship exists between sample
recovery and grade and whether sample bias
may have occurred due to preferential
loss/gain of fine/coarse material.
Recovery is excellent for diamond core and no relationship between grade and
recovery was observed. For RC drilling, pre-collars were ended before known
zones of mineralisation and recovery was very good through any anomalous
zones
Logging Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate Mineral
Resource estimation, mining studies and
metallurgical studies.
All diamond core is logged for regolith, lithology, veining, alteration,
mineralisation, and structure. Structural measurements of specific features are
also taken through oriented zones.
Whether logging is qualitative or quantitative
in nature. Core (or costean, channel, etc.)
photography.
All logging is quantitative where possible and qualitative elsewhere. A
photograph is taken of every core tray.
The total length and percentage of the
relevant intersections logged.
RC chips are logged in 1m intervals for the entire length of each hole. Regolith,
lithology, alteration, veining, and mineralisation are all recorded.
Sub-
sampling
techniques
and sample
preparation
If core, whether cut or sawn and whether
quarter, half or all core taken.
Resource definition drill core is cut and half the core is taken for sampling. The
remaining half is stored for later use. Whole core sampling may be used for
production and grade control drilling.
If non-core, whether riffled, tube sampled,
rotary split, etc. and whether sampled wet or
dry.
All RC samples are split using a rig-mounted cone splitter to collect a 1m
sample 3-4kg in size. These samples were submitted to the lab from any zones
approaching known mineralisation and from any areas identified as having
anomalous gold. Outside of mineralised zones spear samples were taken over
a 4m interval for composite sampling.
For all sample types, the nature, quality and
appropriateness of the sample preparation
technique.
The sample preparation is considered appropriate.
Quality control procedures adopted for all sub-
sampling stages to maximise representivity of
samples.
Field duplicates were taken for RC samples at a rate of 1 in 20.
Measures taken to ensure that the sampling is
representative of the in-situ material collected,
including for instance results for field duplicate
/ second-half sampling.
Exploration sample preparation was conducted at Genalysis Kalgoorlie.
Resource development sample preparation was conducted at MinAnalytical
Kalgoorlie. Both facilities undertake a similar process commencing with sorting,
checking, and drying at less than 110°C to prevent sulphide breakdown.
Samples are jaw crushed to a nominal -6mm particle size. If the sample is
greater than 3kg, a Boyd crusher with rotary splitter is used to reduce the
sample size to less than 3kg (typically 1.5kg) at a nominal <3mm particle size.
The entire crushed sample (if less than 3kg) or sub-sample is then pulverised to
90 % passing 75µm, using a Labtechnics LM5 bowl pulveriser. 400g pulp
subsamples are then taken with an aluminium or plastic scoop and stored in
labelled pulp packets.

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Criteria JORC Code explanation Commentary
Whether sample sizes are appropriate to the
grain size of the material being sampled.
Grind checks are performed at both the crushing stage (3mm) and pulverising
stage (75µm), requiring 90% of material to pass through a sieve of relevant
size.
Quality of
assay data
and
laboratory
tests
The nature, quality and appropriateness of the
assaying and laboratory procedures used and
whether the technique is considered partial or
total.
A 50g fire assay charge is used with a lead flux in the furnace. The prill is totally
digested by HCl and HNO3acids before Atomic Absorption Spectroscopy (AAS)
determination for gold analysis.
For geophysical tools, spectrometers,
handheld XRF instruments, etc., the
parameters used in determining the analysis
including instrument make and model, reading
times, calibrations factors applied and their
derivation, etc.
No geophysical tools were used to determine any element concentrations.
Nature of quality control procedures adopted
(e.g., standards, blanks, duplicates, external
laboratory checks) and whether acceptable
levels of accuracy (i.e., lack of bias) and
precision have been established.
Certified reference materials (CRMs) are inserted into the sample sequence
randomly at a rate of 1 per 20 samples to test the analysis process. Any values
outside of three standard deviations are re-assayed with a new CRM.
Blanks are inserted into the sample sequence at a rate of 1 per 20 samples.
This is random, except where high grade mineralisation is expected where a
blank is inserted after the high grade sample to test for contamination. Failures
above 0.2gpt are followed up, and re-assayed. New pulps are prepared if
failures remain.
Field duplicates are taken for all RC samples (1 in 20 sample). No field
duplicates are submitted for diamond core.
Regular audits of laboratory facilities are undertaken by Northern Star
personnel.
Verification
of
sampling
and
assaying
The verification of significant intersections by
either independent or alternative company
personnel.
All significant intersections are verified by another Northern Star geologist
during the drill hole validation process, and later by a Competent Person to be
signed off.
The use of twinned holes. No twinned holes were drilled for this data set
Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.
Geological logging is directly entered into an AcQuire database. Assay files are
received in **.cvs format and loaded directly into the database by the geologist
with an AcQuire importer object. Hard copy and electronic copies of these are
stored
Discuss any adjustment to assay data. No adjustments are made to this assay data.
Location of
data points
Accuracy and quality of surveys used to
locate drill holes (collar and down-hole
surveys), trenches, mine workings and other
locations used in Mineral Resource
estimation.
A planned hole is pegged using a Differential GPS by the field assistants.
The final collar is picked up after hole completion by Cardno Survey with a
Differential GPS in the MGA 94_51 grid.
During drilling single-shot surveys are every 30m to ensure the hole remains
close to design. This is performed using the Reflex EZ-Trac system which
measures the gravitational dip and magnetic azimuth results are uploaded
directly from the Reflex software export into the AcQuire database.
Specification of the grid system used. The final collar position for surface holes is measured after hole completion by
Differential GPS in the MGA94_51 grid.

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Criteria JORC Code explanation Commentary
Quality and adequacy of topographic control. The Differential GPS returns reliable elevation data which has been confirmed
against a high resolution Digital Terrain Model survey performed by Arvista in
2015
Data
spacing
and
distribution
Data spacing for reporting of Exploration
Results.
Drill hole spacing across the area varies. For resource definition drilling,
spacing was typically 40m x 40m, generally suitable for an Indicated Resource
for this style of mineralisation (although dependent on several other factors).
Whether the data spacing and distribution is
sufficient to establish the degree of geological
and grade continuity appropriate for the
Mineral Resource and Ore Reserve
estimation procedure(s) and classifications
applied.
Based on structural and grade continuity established in the historic Barkers
workings, 40m x 40m is considered sufficient data spacing for Resource and
Reserve purposes.
Whether sample compositing has been
applied.
No compositing has been applied to these exploration results, although
composite intersections are reported.
Orientation
of data in
relation to
geological
structure
Whether the orientation of sampling achieves
unbiased sampling of possible structures and
the extent to which this is known, considering
the deposit type.
Most of the structures in the Kundana camp dip steeply (80°) to WSW. To target
these orientations, the drill hole dips of 60 - 70° towards ~060° achieve high
angle intersections on all structures.
If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to have
introduced a sampling bias, this should be
assessed and reported if material.
No sampling bias is considered to have been introduced by the drilling
orientation.
Sample
security
The measures taken to ensure sample
security.
Prior to laboratory submission, samples are stored by Northern Star Resources
in a secure yard. Once submitted to the laboratories they are stored in a secure
fenced compound and tracked through their chain of custody and via audit
trails.
Audits or
reviews
The results of any audits or reviews of
sampling techniques and data.
No audits or reviews have recently been conducted on sampling techniques.

Section 2: Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
tenement and
land tenure
status
Type, reference name/number, location and
ownership including agreements or material
issues with third parties such as joint
ventures, partnerships, overriding royalties,
native title interests, historical sites,
wilderness or national park and
environmental settings.
All holes mentioned in this report are located within Mining Lease M16/72 and
M16/97 which is owned by Kundana Gold Pty Ltd, a wholly owned subsidiary
of Northern Star Resources Limited. There are no private royalty agreements
applicable to this tenement. The deposits lie within vacant crown land.
The security of the tenure held at the time of
reporting along with any known impediments
to obtaining a licence to operate in the area.
No known impediments exist, and the tenements are in good standing

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Criteria JORC Code explanation Commentary
Exploration
done by other
parties
Acknowledgment and appraisal of
exploration by other parties.
All drilling and exploration of the Barkers resource was conducted by previous
owners of the tenements (including Pancontinental Gold, Aurion Gold, Placer
Dome Inc, Barrick Gold) prior to the acquisition by Northern Star Resources.
Geology Deposit type, geological setting and style of
mineralisation.
The Kundana camp is situated within the Norseman-Wiluna Greenstone Belt,
in an area dominated by major mineralised shear zones.
Barkers-style mineralisation consists of narrow vein deposits (0.20m to 1.0m
thick) hosted by shear zones located along steeply-dipping overturned
lithological contacts. The footwall stratigraphy of Barkers consists of several
different units of the Powder Sill Gabbro, a thick stratigraphy-parallel
differentiated mafic intrusive. The volcaniclastic sedimentary rocks of the
hanging-wall consist of a sequence of interbedded siltstones, felspathic
sandstones, felspathic-lithic wackes and felspathic-lithic rhyolites.
Drill hole
Information
A summary of all information material to the
understanding of the exploration results
including a tabulation of the following
information for all Material drill holes:
easting and northing of the drill hole
collar
elevation or RL (Reduced Level –
elevation above sea level in metres) of
the drill hole collar
dip and azimuth of the hole
down hole length and interception depth
hole length.
The collar locations are presented in plots contained in the NSR 2021
resource report.
Drillholes vary in survey dip from +65° to -90°, with hole depths ranging from
5.8m to 1,700m, with an average depth of 163m.
The assay data acquired from these holes are described in the NSR 2021
resource report.
All validated drill hole data were used directly or indirectly for the preparation
of the resource estimates described in the resource report.
If the exclusion of this information is justified
on the basis that the information is not
Material and this exclusion does not detract
from the understanding of the report, the
Competent Person should clearly explain
why this is the case.
Exclusion of the drill information will not detract from the understanding of the
report.
Data
aggregation
methods
In reporting Exploration Results, weighting
averaging techniques, maximum and/or
minimum grade truncations (e.g., cutting of
high grades) and cut-off grades are usually
Material and should be stated.
Assay results are length weighted to make continuous intersections with up to
2m of internal waste may be included.
Where aggregate intercepts incorporate
short lengths of high grade results and
longer lengths of low grade results, the
procedure used for such aggregation should
be stated and some typical examples of
such aggregations should be shown in
detail.
No assay results have been top cut for the purpose of this report. A lower cut-
off of 2gpt has been used to identify significant results.
The assumptions used for any reporting of
metal equivalent values should be clearly
stated.
No metal equivalent values have been used for the reporting of these
exploration results
Relationship
between
mineralisation
widths and
intercept
lengths
These relationships are particularly
important in the reporting of Exploration
Results:
True widths have been calculated for intersections of the known ore zones
based on existing knowledge of the nature of these structures.
If the geometry of the mineralisation with
respect to the drill hole angle is known, its
nature should be reported.
Both the downhole width and true width have been clearly specified when
used.

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Criteria JORC Code explanation Commentary
If it is not known and only the down hole
lengths are reported, there should be a clear
statement to this effect (e.g., ‘down hole
length, true width not known’).
Downhole widths and estimated true widths are reported.
Diagrams Appropriate maps and sections (with scales)
and tabulations of intercepts should be
included for any significant discovery being
reported These should include, but not be
limited to a plan view of drill hole collar
locations and appropriate sectional views.
Appropriate plans and section have been included in this report.
Balanced
reporting
Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and high
grades and/or widths should be practiced to
avoid misleading reporting of Exploration
Results.
All valid drill holes within the estimated area have been reported with some
holes in the area excluded. Holes were not excluded based on grade or width
of the mineralised zone, only based on confidence in the data.
Other
substantive
exploration
data
Other exploration data, if meaningful and
material, should be reported including (but
not limited to): geological observations;
geophysical survey results; geochemical
survey results; bulk samples – size and
method of treatment; metallurgical test
results; bulk density, groundwater,
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.
No other material has been collected
Further work The nature and scale of planned further work
(e.g., tests for lateral extensions or depth
extensions or large-scale step-out drilling).
Further work will continue to extend the Indicated Resource deeper through
additional drilling. Testing extension of Barkers-style mineralisation to the
south will continue.
Diagrams clearly highlighting the areas of
possible extensions, including the main
geological interpretations and future drilling
areas, provided this information is not
commercially sensitive.
Included below.

Section 3: Estimation and Reporting of Mineral Resources (Criteria listed in section 1, and where relevant in section 2, also apply to this section.)

Criteria JORC Code explanation Commentary
Database
integrity
Measures taken to ensure that data has not
been corrupted by, for example,
transcription or keying errors, between its
initial collection and its use for Mineral
Resource estimation purposes.
Northern Star personnel have validated the database during the interpretation
of the mineralisation with any drill holes containing unvalidated data excluded
from the MRE.
Data validation procedures used. Data validation processes are in place and run upon import into the database
to be used for the MRE in Datamine Studio RM v1.2 by Mining Plus (MP).

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Criteria JORC Code explanation Commentary
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
MP have not undertaken a site visit, although the Northern Star personnel
liaised with during the MRE process and responsible for the mineralisation
interpretation have been to site and reviewed the core for this deposit.
If no site visits have been undertaken
indicate why this is the case.
Not applicable
Geological
interpretation
Confidence in (or conversely, the uncertainty
of) the geological interpretation of the
mineral deposit.
The geological interpretation is considered robust due to the nature of the
mineralisation and that portions of the deposit have been developed and
mined. The level plans and other maps have been used to guide the sub-
domaining process.
Nature of the data used and of any
assumptions made.
Underground development mapping and sampling along with diamond drill
core lithology, structure, alteration, and mineralisation logs have been used to
generate the mineralisation model. The primary assumption is that the
mineralisation is hosted within structurally controlled quartz veins, which is
considered robust.
The effect, if any, of alternative
interpretations on Mineral Resource
estimation.
Due to the close spaced nature of the data from the historic mining and the
consistency of the structure conveyed by this dataset, no alternative
interpretations have been considered.
The use of geology in guiding and
controlling Mineral Resource estimation.
The mineralisation interpretation is based on a combination of logged quartz
percentage or structure and assays.
The factors affecting continuity both of grade
and geology.
The structure is considered to be continuous over the length of the deposit
with either quartz or the controlling structure used to guide this interpretation.
The grade continuity is not as consistent and as such, the mineralisation has
been sub-domained based on consistent grade zones, with these sub-
domains used as hard boundaries during the estimation.
Dimensions The extent and variability of the Mineral
Resource expressed as length (along strike
or otherwise), plan width, and depth below
surface to the upper and lower limits of the
Mineral Resource.
The Barkers deposit is hosted within the one mineralised structure which
strikes NW to NNW over a length of 900m and dips steeply to the W with the
down-dip extents in excess of 1,100m. The Barkers North deposit is
separated from the Barkers Deposit by a late-stage offsetting structure. The
mineralisation for this portion of the deposit has been defined by drilling to be
in excess of 500m along strike (340°) with steeply W-dipping extents of 400m.
Internal HG shoots have been identified in the Barkers deposit with two main
plunge orientations defined to date – the first being a steep north plunge as
defined by both development mapping and sampling and drillhole intercepts
and the second being a moderate to steep southerly plunge.
Estimation
and modelling
techniques
The nature and appropriateness of the
estimation technique(s) applied and key
assumptions, including treatment of extreme
grade values, domaining, interpolation
parameters and maximum distance of
extrapolation from data points. If a computer
assisted estimation method was chosen
include a description of computer software
and parameters used.
Grade estimation of accumulated gold and true width has been completed
using Ordinary Kriging (OK) deposit into six gold domains using Datamine
Studio RM v1.2 software.
Variogram orientations are largely controlled by the strike and dip of the
mineralisation, with the plunge of the higher-grade mineralisation evident in
long section being effectively replicated during the continuity analysis.
Variography has been assigned to the Barkers North domain (based on the
Barkers domain), due to the small data set.
The availability of check estimates, previous
estimates and/or mine production records
and whether the Mineral Resource Estimate
takes appropriate account of such data.
No MRE update has been completed since the last release.
The assumptions made regarding recovery
of by-products.
No assumptions have been made regarding recovery of any by-products.

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Criteria JORC Code explanation Commentary
Estimation of deleterious elements or other
non-grade variables of economic
significance (e.g., sulphur for acid mine
drainage characterisation).
No deleterious elements have been considered and therefore estimated for
this deposit.
In the case of block model interpolation, the
block size in relation to the average sample
spacing and the search employed.
The data spacing varies considerably within the deposit, ranging from
underground development samples (every 3m along strike x 25m down dip) to
drill hole intercepts which varied from grade control spacing at 20m (along
strike) x 25m (down dip) to resource definition spacing at 40m (along strike) x
50m (down dip).
A seam model has been created which has been rotated into the strike of the
mineralisation. Blocks are variable in the across-strike direction, 10m in the
along strike direction and 10m in elevation.
Pass 1 estimations have been undertaken using a minimum of 5 and a
maximum of 15 samples into a search ellipse set below a quarter to a third
of the variogram range for all domains, with a maximum of two samples
from each drillhole allowed.
Pass 2 estimations have been undertaken using a minimum of 3 and a
maximum of 15 samples into a search ellipse set at the generally just
below half of the variogram range for all domains with a maximum of two
samples from each drillhole allowed.
Pass 3 estimations have been undertaken using a minimum of 1 and a
maximum of 15 samples into a search ellipse set just below the variogram
range.
The seam model and intercept composites have been flattened to a mid-
easting location for the purposes of estimation.
Any assumptions behind modelling of
selective mining units.
No selective mining units are assumed in this estimate.
Any assumptions about correlation between
variables.
No other elements other than gold have been estimated.
Description of how the geological
interpretation was used to control the
resource estimates.
The mineralisation wireframes supplied by Northern Star have been sub-
domained in consultation with Northern Star based on orientation and grade,
with these sub-domains used to flag the drillhole intercepts in the database.
These flagged intercepts have then been used to create intercept composites
in Datamine Studio RM v1.2.
Discussion of basis for using or not using
grade cutting or capping.
The influence of extreme sample distribution outliers in the composited data
has been reduced by top-cutting where required. The top-cut levels have been
determined using a combination of histograms, log probability and mean
variance plots. Top-cuts have been reviewed and applied for the grouped
estimation domains. The application of the top-cuts has not resulted in a
significant decrease in the mean grade from the un-cut to top-cut data.
The process of validation, the checking
process used, the comparison of model data
to drill hole data, and use of reconciliation
data if available.
Model validation has been carried out, including visual comparison between
declustered composites and estimated blocks; check for negative or absent
grades; statistical comparison against the input drillhole data and graphical
plots.
Moisture Whether the tonnages are estimated on a
dry basis or with natural moisture, and the
method of determination of the moisture
content.
The tonnes have been estimated on a dry basis.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Cut-off
parameters
The basis of the adopted cut-off grade(s) or
quality parameters applied.
The Mineral Resource Estimate has been reported at a 1.63gpt cut off within
2.5m minimum mining width (excluding dilution) MSO’s using a $AU2,250/oz
gold price.
Mining factors
or
assumptions
Assumptions made regarding possible
mining methods, minimum mining
dimensions and internal (or, if applicable,
external) mining dilution. It is always
necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential mining methods, but the
assumptions made regarding mining
methods and parameters when estimating
Mineral Resources may not always be
rigorous. Where this is the case, this should
be reported with an explanation of the basis
of the mining assumptions made.
No minimum mining assumptions have been made during the resource wire
framing or estimation process.
Metallurgical
factors or
assumptions
The basis for assumptions or predictions
regarding metallurgical amenability. It is
always necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential metallurgical methods, but the
assumptions regarding metallurgical
treatment processes and parameters made
when reporting Mineral Resources may not
always be rigorous. Where this is the case,
this should be reported with an explanation
of the basis of the metallurgical assumptions
made.
No metallurgical or recovery assumptions have been made during the MRE.
Environmental
factors or
assumptions
Assumptions made regarding possible
waste and process residue disposal options.
It is always necessary as part of the process
of determining reasonable prospects for
eventual economic extraction to consider the
potential environmental impacts of the
mining and processing operation. While at
this stage the determination of potential
environmental impacts, particularly for a
green fields project, may not always be well
advanced, the status of early consideration
of these potential environmental impacts
should be reported. Where these aspects
have not been considered this should be
reported with an explanation of the
environmental assumptions made.
No environmental assumptions have been made during the MRE.
Bulk density Whether assumed or determined. If
assumed, the basis for the assumptions. If
determined, the method used, whether wet
or dry, the frequency of the measurements,
the nature, size and representativeness of
the samples.
Bulk density values have been applied based on the degree of weathering
which has been coded into the model. The values used have been obtained
from previous MRE’s for the Barkers Deposit. No information has been
provided on the number of measurements or method used to obtain these
values.
The bulk density for bulk material must have
been measured by methods that adequately
account for void spaces (vugs, porosity,
etc.), moisture and differences between rock
and alteration zones within the deposit.
No information has been provided on the number of measurements or method
used to obtain these values.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation JORC Code explanation Commentary
Discuss assumptions for bulk density
estimates used in the evaluation process of
the different materials.
Assumptions on the average bulk density of individual lithologies from the
regional Kundana data set based on 21,549 bulk density determinations.
Default densities have been applied to oxide (1.9 t/m3) and transitional (2.3
t/m3) material, due to lack of data in this area. These values are in line with
regional averages.
Classification The basis for the classification of the Mineral
Resources into varying confidence
categories.
The resource classification has been applied to the MR estimate based on the
drilling data spacing, grade and geological continuity, and data integrity.
Whether appropriate account has been
taken of all relevant factors (i.e., relative
confidence in tonnage/grade estimations,
reliability of input data, confidence in
continuity of geology and metal values,
quality, quantity and distribution of the data).
The classification considers the relative contributions of geological and data
quality and confidence, as well as grade confidence and continuity.
Whether the result appropriately reflects the
Competent Person’s view of the deposit.
The classification reflects the view of the Competent Person.
Audits or
reviews
The results of any audits or reviews of
Mineral Resource Estimates.
This Mineral Resource Estimate for the combined Barkers deposit has not
been audited by an external party.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in the
Mineral Resource Estimate using an
approach or procedure deemed appropriate
by the Competent Person. For example, the
application of statistical or geostatistical
procedures to quantify the relative accuracy
of the resource within stated confidence
limits, or, if such an approach is not deemed
appropriate, a qualitative discussion of the
factors that could affect the relative accuracy
and confidence of the estimate.
The relative accuracy of the Mineral Resource Estimate is reflected in the
reporting of the Mineral Resource as per the guidelines of the 2012 JORC
Code.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
economic evaluation. Documentation should
include assumptions made and the
procedures used.
The statement relates to global estimates of tonnes and grade.
These statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
No production records have been supplied as part of the scope of works, so
no comparison or reconciliation has been made.
BARKERS PLAN & LONG SECTION DIAGRAMS
Plan view of the Barkers resource
wireframe with infrastructure overlay
Longitudinal Projection looking west showing the Barkers and Barkers North domains

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Section 4: Estimation and Reporting of Ore Reserves

(Criteria listed in section 1, and where relevant in sections 2 and 3, also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
Resource
Estimate for
conversion to
Ore Reserves
Description of the Mineral Resource
Estimate used as a basis for the conversion
to an Ore Reserve.
Northern Star Resources Limited 2021 Mineral Resource.
Clear statement as to whether the Mineral
Resources are reported additional to, or
inclusive of, the Ore Reserves.
The Mineral Resources are reported inclusive of the Ore Reserve.
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
The Competent Person has conducted sites visits.
If no site visits have been undertaken
indicate why this is the case.
Site visits undertaken.
Study status The type and level of study undertaken to
enable Mineral Resources to be converted
to Ore Reserves.
A minimum Pre-Feasibility level study has been completed.
The Code requires that a study to at least
Pre-Feasibility Study level has been
undertaken to convert Mineral Resources to
Ore Reserves. Such studies will have been
carried out and will have determined a mine
plan that is technically achievable and
economically viable, and that material
Modifying Factors have been considered.
Update of previous Ore Reserve.

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Criteria JORC Code explanation Commentary
Cut-off
parameters
The basis of the cut-off grade(s) or quality
parameters applied.
Forward looking forecast costs and physicals form the basis of the cut-off
grade calculations.

The assumed AUD gold price is A$1,750/oz.

Mill recovery factors are based on test work and historical averages from
the region.
Various cut-off grades are calculated including a fully costed cut-off grade
(COG), variable cut-off grade (VCOG) and Mill cut-off grade (MCOG). The
VCOG is used as the basis for stope design, though any areas which are
marginal or require significant development are assessed by a more detailed
financial analysis to confirm their profitability.
Mining factors
or
assumptions
The method and assumptions used as
reported in the Pre-Feasibility or Feasibility
Study to convert the Mineral Resource to an
Ore Reserve (i.e., either by application of
appropriate factors by optimisation or by
preliminary or detailed design).
Indicated Resources were converted to Probable Ore Reserves subject to
mine design physicals and an economic evaluation.
The choice, nature and appropriateness of
the selected mining method(s) and other
mining parameters including associated
design issues such as pre-strip, access, etc.
Ore is accessed from a decline located in the footwall through levels at 20m
vertical spacing. A top down, sub level open stoping method is applied. The
selected mining method was evaluated during the initial Pre-Feasibility study
and was deemed the most appropriate.
The assumptions made regarding
geotechnical parameters (e.g., pit slopes,
stope sizes, etc.), grade control and pre-
production drilling.
The mine design considers well established geotechnical constraints and is
reviewed by geotechnical engineers prior to being finalised.
Independent geotechnical reviews were conducted for the Barkers and
Strzelecki mines to provide guidance on pillar locations and extraction
sequences.
Historical geological and geotechnical information is gathered from the nearby
operations that operated previously, including Barkers, Strzelecki and
Centenary, and still in operation, Raleigh, Rubicon, Hornet and Pegasus, and
learnings from this are applied to the geotechnical parameters used.
The major assumptions made and Mineral
Resource model used for pit and stope
optimisation (if appropriate).
This Table 1 applies to underground mining only.
The mining dilution factors used. 10% dilution is applied to unfilled up hole stopes.
The mining recovery factors used. 90% recovery is applied to conventional up hole stopes with no pillar
requirements.
A calculated 50% recovery is applied to unfilled up hole stopes where
geotechnical analysis has identified areas of lower mining recovery, or where
pillars are required to be left behind.
Any minimum mining widths used. A minimum stope mining width of 3.0m has been used.
The manner in which Inferred Mineral
Resources are utilised in mining studies and
the sensitivity of the outcome to their
inclusion.
Designed stopes with greater than 50% inferred blocks are excluded from the
reported Ore Reserve.
The infrastructure requirements of the
selected mining methods.
Infrastructure in place, currently located at an operating mine.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Metallurgical
factors or
assumptions
The metallurgical process proposed and the
appropriateness of that process to the style
of mineralisation.
Ore from the Kundana Gold operations is treated at the Jubilee Mill, Kanowna
Belle and Carosue Dam milling facilities, all owned by NSR.
These facilities are designed to process more than 6.7 million tonnes per
annum as a combined throughput (Jubilee – 1Mtpa, Kanowna Belle– 2Mtpa,
Carosue Dam – 3.7Mtpa). All plants have the capability to treat free milling
ores with additional capacity at the Kanowna Belle facility to treat refractory
material. Ore is treated either using the flotation circuit and associated
concentrate roaster circuit (including carbon-in-leach (CIL) gold recovery) or
bypassing the flotation circuit and going directly to a CIL circuit designed to
treat flotation tails. The plants campaign both refractory and free milling ores
every month.
Whether the metallurgical process is well-
tested technology or novel in nature.
Plus 10 years milling experience with Kundana ores.
The nature, amount and representativeness
of metallurgical test work undertaken, the
nature of the metallurgical domaining
applied and the corresponding metallurgical
recovery factors applied.
Plus 10 years milling experience with Kundana ores.
Any assumptions or allowances made for
deleterious elements.
No assumptions made.
The existence of any bulk sample or pilot
scale test work and the degree to which
such samples are considered representative
of the orebody as a whole.
Plus 10 years milling experience with Kundana ores.
For minerals that are defined by a
specification, has the ore Reserve
estimation been based on the appropriate
mineralogy to meet the specifications?
Not applicable.
Environmental The status of studies of potential
environmental impacts of the mining and
processing operation. Details of waste rock
characterisation and the consideration of
potential sites, status of design options
considered and, where applicable, the status
of approvals for process residue storage and
waste dumps should be reported.
Kundana Gold is currently compliant with all legal and regulatory
requirements. All government permits and Licences and statutory approvals
are either granted or in the process of being granted.
Operational expansion of Barkers is subject to new/amended applications.
Based on the locations of these operations and considering historical
activities, the Competent Person does not view this as presenting significant
risk to the extraction of these ore bodies.
Infrastructure The existence of appropriate infrastructure:
availability of land for plant development,
power, water, transportation (particularly for
bulk commodities), labour, accommodation;
or the ease with which the infrastructure can
be provided, or accessed.
All current site infrastructure is suitable to the proposed mining plan.
Costs The derivation of, or assumptions made,
regarding projected capital costs in the
study.
Mine development capital cost based on historical performance on site and
life-of-mine forward planning. Plant and equipment capital also based on site
experience and the LOM plan.
The methodology used to estimate operating
costs.
All overhead costs and operational costs are projected forward on an AUD $/t
based on the most recent budget costs and is reconciled against actual costs
to ensure accuracy.

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Criteria JORC Code explanation Commentary
Allowances made for the content of
deleterious elements.
No allowances made.
The derivation of assumptions made of
metal or commodity price(s), for the principal
minerals and co- products.
Single commodity pricing for gold only, using a long-term gold price of AUD
$1,750/oz., 2.5% WA state Government Royalty, as per NSR corporate
guidance.
The source of exchange rates used in the
study.
All rates considered in Australian Dollars (AUD) as per NSR corporate
guidance.
Derivation of transportation charges. Historic performance.
The basis for forecasting or source of
treatment and refining charges, penalties for
failure to meet specification, etc.
Historic performance.
The allowances made for royalties payable,
both Government and private.
All State Govt. and third party royalties are built into the cost model.
Revenue
factors
The derivation of, or assumptions made
regarding revenue factors including head
grade, metal or commodity price(s)
exchange rates, transportation and
treatment charges, penalties, net smelter
returns, etc.
All revenue based on a gold price of AUD $1,750/oz.
The derivation of assumptions made of
metal or commodity price(s), for the principal
metals, minerals and co-products.
Corporate guidance.
Market
assessment
The demand, supply and stock situation for
the particular commodity, consumption
trends and factors likely to affect supply and
demand into the future.
It is assumed all gold is sold directly to market at the Corporate gold price
guidance of AUD$1,750/oz.
A customer and competitor analysis along
with the identification of likely market
windows for the product.
Not relevant for gold.
Price and volume forecasts and the basis for
these forecasts.
Not relevant for gold.
For industrial minerals the customer
specification, testing and acceptance
requirements prior to a supply contract.
Not relevant for gold.
Economic The inputs to the economic analysis to
produce the net present value (NPV) in the
study, the source and confidence of these
economic inputs including estimated
inflation, discount rate, etc.
All costs assumptions are made based on historical performance from the
mine and current economic forecast seen as representative of current market
conditions.
NPV ranges and sensitivity to variations in
the significant assumptions and inputs.
Sensitivities assessed at varying gold prices.

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Criteria JORC Code explanation Commentary
Social The status of agreements with key
stakeholders and matters leading to social
licence to operate.
Agreements are in place and are current with all key stakeholders.
Other To the extent relevant, the impact of the
following on the project and/or on the
estimation and classification of the Ore
Reserves:
No issues foreseen.
Any identified material naturally occurring
risks.
No issues foreseen.
The status of material legal agreements and
marketing arrangements.
No issues foreseen.
The status of governmental agreements and
approvals critical to the viability of the
project, such as mineral tenement status,
and government and statutory approvals.
There must be reasonable grounds to
expect that all necessary Government
approvals will be received within the
timeframes anticipated in the Pre-Feasibility
or Feasibility study. Highlight and discuss
the materiality of any unresolved matter that
is dependent on a third party on which
extraction of the Reserve is contingent.
No issues foreseen.
Classification The basis for the classification of the Ore
Reserves into varying confidence
categories.
All Ore Reserves include Proved (if any) and Probable classifications. These
classifications are based on Mineral Resource classifications as modified by
subsequent grade control drilling and face sampling results.
Whether the result appropriately reflects the
Competent Person’s view of the deposit.
The results appropriately reflect the Competent Persons view of the deposit.
The proportion of Probable Ore Reserves
that have been derived from Measured
Mineral Resources (if any).
None.
Audits or
reviews
The results of any audits or reviews of Ore
Reserve estimates.
This ore Reserve has been prepared and peer reviewed internally within
Northern Star Resources. There have been no external reviews of this Ore
Reserve estimate.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in the
Ore Reserve estimate using an approach or
procedure deemed appropriate by the
Competent Person. For example, the
application of statistical or geostatistical
procedures to quantify the relative accuracy
of the Reserve within stated confidence
limits, or, if such an approach is not deemed
appropriate, a qualitative discussion of the
factors which could affect the relative
accuracy and confidence of the estimate.
Confidence in the model and Ore Reserve is considered high based on
nearby Northern Star operated mines along the same ore bearing structures.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
Ore Reserves are best reflected as global estimates.

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Criteria JORC Code explanation Commentary
economic evaluation. Documentation should
include assumptions made and the
procedures used.
Accuracy and confidence discussions
should extend to specific discussions of any
applied Modifying Factors that may have a
material impact on Ore Reserve viability, or
for which there are remaining areas of
uncertainty at the current study stage.
Other than dilution and recovery factors described above, no additional
modifying factors applied. There is high confidence in these models as the
areas is well known and well drilled.
It is recognised that this may not be possible
or appropriate in all circumstances. These
statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
Reconciliation results from past mining at Centenary, Millennium, Barkers and
Strzelecki reflect estimates in the Ore Reserve estimates.

Moonbeam: Resources and Reserves – 31 March 2021

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria JORC Code explanation Commentary
Sampling
techniques
Nature and quality of sampling (e.g. cut
channels, random chips, or specific
specialised industry standard measurement
tools appropriate to the minerals under
investigation, such as down hole gamma
sondes, or handheld XRF instruments, etc.).
These examples should not be taken as
limiting the broad meaning of sampling.
A combination of sample types was used to collect material for analysis surface
diamond drilling (DD), surface reverse circulation drilling RC and surface RC
drilling with diamond tails RC_DD. RAB holes were excluded from the estimate
and where sufficient diamond drill holes were present, RC holes were also
excluded.
Include reference to measures taken to ensure
sample representivity and the appropriate
calibration of any measurement tools or
systems used.
DD drilling is sampled within geological boundaries with a minimum (0.3 m) and
maximum (1.0 m) sample length.
Aspects of the determination of mineralisation
that are Material to the Public Report. In
cases where ‘industry standard’ work has
been done this would be relatively simple (e.g.
‘reverse circulation drilling was used to obtain
1 m samples from which 3 kg was pulverised
to produce a 30g charge for fire assay’). In
other cases, more explanation may be
required, such as where there is coarse gold
that has inherent sampling problems. Unusual
commodities or mineralisation types (e.g.
submarine nodules) may warrant disclosure of
detailed information.
DD drill core was nominated for either half core or full core sampling. Core
designated for half core was cut in half using an automated core saw. The mass
of material collected will depend on the drill hole diameter and sampling interval
selected. Core designated for full core was broken with a rock hammer if sample
segments were too large to fit into sample bags.
All samples were delivered to a commercial laboratory where they were dried,
crushed to 95% passing 3 mm if required, at this point large samples may be
split using a rotary splitter, pulverisation to 90% passing 75 µm, a 50 g charge
was selected for fire assay
Drilling
techniques
Drill type (e.g. core, reverse circulation, open-
hole hammer, rotary air blast, auger, Bangka,
sonic, etc.) and details (e.g. core diameter,
triple or standard tube, depth of diamond tails,
face-sampling bit or other type, whether core
is oriented and if so, by what method, etc.).
Both RC and Diamond Drilling techniques were used to drill the Moonbeam
deposit.
Surface diamond drill holes were completed using HQ2 (63.5 mm) coring.
Historically, core was orientated using the Reflex ACT Core orientation system.
Currently, core is orientated using the Boart Longyear Trucore Core Orientation
system.
RC Drilling was completed using a 5.75” drill bit, downsized to 5.25” at depth.
In many cases RC pre-collars were drilled followed by diamond tails. Pre-collar
depth was determined in the drill design phase depending on the target been
drilled and production constraints.

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Criteria JORC Code explanation Commentary
Drill
sample
recovery
Method of recording and assessing core and
chip sample recoveries and results assessed.
For DD drilling, any core loss is recorded on the core blocks by the driller. This
is then captured by the logging geologist and entered as interval into the hole
log.
Measures taken to maximise sample recovery
and ensure representative nature of the
samples.
For diamond drilling the contractors adjust their rate of drilling and method if
recovery issues arise. All recovery is recorded by the drillers on core blocks.
This is checked and compared to the measurements of the core by the
geological team. Any issues are communicated back to the drilling contractor.
Whether a relationship exists between sample
recovery and grade and whether sample bias
may have occurred due to preferential
loss/gain of fine/coarse material.
Recovery was excellent for diamond core and no relationship between grade
and recovery was observed. Average recovery across the Kundana camp is at
99%.
Logging Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate Mineral
Resource estimation, mining studies and
metallurgical studies.
All diamond core is logged for lithology, veining, alteration, mineralisation and
structural. Structural measurements of specific features are also taken through
oriented zones.
Logging is entered in Acquire using a series of drop-down menus which contain
the appropriate codes for description of the rock.
Whether logging is qualitative or quantitative in
nature. Core (or costean, channel, etc.)
photography.
All core logging is qualitative with mineralised zones assayed for quantitative
measurements. Every core tray is photographed wet.
The total length and percentage of the relevant
intersections logged.
For all drill holes, the entire length of the hole was logged.
Sub-
sampling
techniques
and
sample
preparation
If core, whether cut or sawn and whether
quarter, half or all core taken.
Diamond core is cut using an automated core saw. Depending on the type of
drilling, determines the level of sampling/cutting completed. Half core is taken
for Resource targeting (RT) drilling and some Resource Definition drilling (RSD).
However, most RSD holes have been whole core sampled due to production
pressures. Whole core samples are also utilized in areas where the ground
conditions result in very broken core and cutting the core is not practical.
If non-core, whether riffled, tube sampled,
rotary split, etc. and whether sampled wet or
dry.
For previous RC drilling, all RC samples are split using a rig-mounted cone
splitter to collect a sample 3 - 4 kg in size from each 1 m interval. These
samples were utilised for any zones approaching known mineralisation and from
any areas identified as having anomalous gold. Outside known mineralised
zones spear samples were taken over a 4 m interval for composite sampling.
For all sample types, the nature, quality and
appropriateness of the sample preparation
technique.
Preparation of NSR resource definition samples was conducted at MinAnalytical
Kalgoorlie, while surface exploration drilling was sent to Genalysis. Sample
preparation commenced with sorting, checking and drying at less than 110°C to
prevent sulphide breakdown. Samples are jaw crushed to a nominal -6 mm
particle size. If the sample is greater than 3 kg a Boyd crusher with rotary splitter
is used to reduce the sample size to less than 3 kg (typically 1.5 kg) at a
nominal <3 mm particle size.
The entire crushed sample (if less than 3 kg) or sub-sample is then pulverized to
90% passing 75 µm, using a Labtechnics LM5 bowl pulveriser. 400 g Pulp
subsamples are then taken with an aluminium scoop and stored in labelled pulp
packets.
The sample preparation is considered appropriate for the deposit.
Quality control procedures adopted for all sub-
sampling stages to maximise representivity of
samples.
Procedures are utilised to guide the selection of sample material in the field.
Standard procedures are used for all processes within the laboratory. Grind
checks are performed at the pulverising stage requiring at least 90% of material
to pass below 75 um.
Measures taken to ensure that the sampling is
representative of the in-situ material collected,
including for instance results for field duplicate
/ second-half sampling.
Umpire sampling selection is conducted on all of the Kundana core samples as
an entire batch. A minimum of 3% of the samples processed each month are
selected to be sent to the ALS Perth check lab.
Whether sample sizes are appropriate to the
grain size of the material being sampled.
Samples sizes collected are considered appropriate for the material sampled.
Quality of
assay data
and
The nature, quality and appropriateness of the
assaying and laboratory procedures used and
whether the technique is considered partial or
total.
A 50-gm fire assay charge is used with a lead flux in the furnace. The prill is
totally digested by HCl and HNO3 acids before Atomic Absorption Spectroscopy
(AAS) determination for gold analysis.

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Criteria JORC Code explanation Commentary
laboratory
tests
For geophysical tools, spectrometers,
handheld XRF instruments, etc., the
parameters used in determining the analysis
including instrument make and model, reading
times, calibrations factors applied and their
derivation, etc.
No geophysical tools were used to determine and element concentrations.
Nature of quality control procedures adopted
(e.g. standards, blanks, duplicates, external
laboratory checks) and whether acceptable
levels of accuracy (i.e. lack of bias) and
precision have been established.
Certified reference materials (CRMs) are inserted into the sample sequence at a
rate of 1 per 20 samples to ensure correct calibration. Any values outside of 3
standard deviations are re-assayed with a new CRM.
Blanks are inserted into the sample sequence at a nominal rate of 1 per 20
samples. The insertion points are selected at random, except where high grade
mineralisation is expected. In these cases, a Blank is inserted after the high-
grade sample to test for contamination. Results greater than 0.2 g/t if received
are investigated, and re-assayed if appropriate. New pulps are prepared if
anomalous results cannot be resolved.
Barren flushes are regularly inserted after anticipated high gold grades at the
pulverising stage.
No field duplicates were submitted for diamond core.
Pulp duplicates are requested after any ore zone. These are indicated on the
sample sheet and submission sheet.
When visible gold is observed in core, a quartz flush is requested after the
sample.
Laboratory performance was monitored using the results from the QA samples
mentioned above. This was supplemented by the internal QA samples used by
the laboratories, which included pulp duplicates and CRMs
The QA studies indicate that accuracy and precision are within industry
accepted limits.
Verification
of
sampling
and
assaying
The verification of significant intersections by
either independent or alternative company
personnel.
All significant intersections are verified by another Northern Star geologist during
the drill hole validation process, and later by a Competent person to be signed
off.
The use of twinned holes. No twinned holes were drilled for this data set. Re-drilling of some of the drill
holes has occurred due to issues downhole (e.g. bogged rods). These have
been captured in the database as an ‘A’. Re-drilled holes are sampled whilst the
original drill hole is logged but not sampled.
Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.
Geological logging and sampling are directly recorded into AcQuire. Assay files
are received in csv, pdf and sif formats. The csv’s are loaded directly into the
database using an AcQuire importer object. Assays are then processed through
a form in AcQuire for QAQC checks. Noneditable electronic copies of these are
stored.
Discuss any adjustment to assay data. No adjustments are made to this assay data. If there are issues with the results
files received, amended versions are requested from the lab.
Location of
data points
Accuracy and quality of surveys used to locate
drill holes (collar and down-hole surveys),
trenches, mine workings and other locations
used in Mineral Resource estimation.
Planned holes are marked up by the mine survey department using a total
station survey instrument in mine grid (Kundana 10). The actual hole position is
then located by the mine survey department once drilling is completed. In some
cases, drill hole collar points are measured off survey stations if a mark-up
cannot be completed. This is only used for Grade Control drilling due to their
frequent occurrence.
Holes are lined up on the collar point using the DHS Minnovare Azimuth Aligner.
Planned azimuths and dips of the holes are downloaded to the aligner which is
then placed on the rod string to align the hole for drilling.
During drilling, single shot surveys are conducted every 30 m to track the
deviation of the hole and to ensure it stays close to design. This is performed
using the Devishot camera which measures the gravitational dip and magnetic
azimuth. Results are uploaded from the Devishot software into a csv format
which is then imported into the Acquire database. At the completion of the hole,
a Multishot Devi flex survey is completed taking measurements every 3 m to
ensure accuracy of the hole. The is relative change survey which is then
referenced back to the Azimuth aligner to provide an accurate, continuous
nonmagnetic survey. This is also converted to csv format and imported into the
Acquire database.
Specification of the grid system used. Collar coordinates are recorded in mine grid (Kundana 10) and transformed into
MGA94_51

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Quality and adequacy of topographic control. Quality topographic control has been achieved through Lidar data and survey
pickups of holes over the last 15 years.
Data
spacing
and
distribution
Data spacing for reporting of Exploration
Results.
Drill hole spacing varies across the deposit. For resource targeting drilling
spacing was typically a minimum of 80 m x 80 m. This allowed for infill drilling at
40 m x 40 m spacing known as resource definition. Grade control drilling was
drilled on a level by level as required basis with drill spacing at 20 m x 20 m and
down to 10 m x 10 m.
Whether the data spacing and distribution is
sufficient to establish the degree of geological
and grade continuity appropriate for the
Mineral Resource and Ore Reserve estimation
procedure(s) and classifications applied.
The data spacing and distribution is considered sufficient to support the
resource and reserve estimates.
Whether sample compositing has been
applied.
No sample compositing has been applied.
Orientation
of data in
relation to
geological
structure
Whether the orientation of sampling achieves
unbiased sampling of possible structures and
the extent to which this is known, considering
the deposit type.
Majority of the mineralisation in the Moonbeam deposit dips steeply (76°) to the
WSW. Diamond drilling was designed to target the orebodies perpendicular to
this orientation to allow for an ideal intersection angle. Instances where this was
not achievable (mostly due to drill platform location), drilling was not completed
or re-designed once a suitable platform became available.
Drill holes with low intersection angles will be excluded from resource estimation
where more suitable data is available.
If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to have
introduced a sampling bias, this should be
assessed and reported if material.
No sampling bias is considered to have been introduced by the drilling
orientation. Where drill holes have been particularly oblique, they have been
flagged as unsuitable for resource estimation.
Sample
security
The measures taken to ensure sample
security.
Prior to laboratory submission samples are stored by Northern Star Resources
in a secure yard. Once submitted to the laboratories they are stored in a secure
fenced compound, tracked through their chain of custody and via audit trails.
Audits or
reviews
The results of any audits or reviews of
sampling techniques and data.
No audits have been undertaken of the data and sampling practices at this
stage.

Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
tenement and
land tenure
status
Type, reference name/number, location and
ownership including agreements or material
issues with third parties such as joint
ventures, partnerships, overriding royalties,
native title interests, historical sites,
wilderness or national park and
environmental settings.
All holes mentioned in this report are located within the, M15/993, M16/157,
M16/309 tenements, which are owned by KUNDANA GOLD PTY LTD a wholly
owned subsidiary of Northern Star Resources. There are no private royalty
agreements applicable to this tenement.
The security of the tenure held at the time of
reporting along with any known impediments
to obtaining a licence to operate in the area.
No known impediments exist, and the tenements are in good standing.
Exploration
done by other
parties
Acknowledgment and appraisal of exploration
by other parties.
Early exploration was completed in the 1980’s by Kalbara Minerals with the
development and operation of South Pit. Modern mining continued in late
1980’s with the Kundana North and Strzelecki Open pits. Mining continued
through to 1999 when the Centenary Underground ceased operations.
Exploration continued over the camp through various companies including
Placer Dome and Barrick Gold.
Early 2014 saw Northern Star Resources purchase the Kundana camp from
Barrick Gold and mining recommenced in March 2014. Millennium was
discovered in the same year and commenced mining in 2015.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Geology Deposit type, geological setting and style of
mineralisation.
The Kundana camp is situated within the Norseman-Wiluna Greenstone Belt,
in an area dominated by the Zuleika shear zone, which separates the
Coolgardie domain from the Ora Banda domain.
K2-style mineralisation consists of narrow vein deposits hosted by shear zones
located along steeply dipping overturned lithological contacts. The K2 structure
is present along the contact between a black shale unit (Centenary shale) and
intermediate volcaniclastics (Black Flag Group).
Moonbeam is a continuation of the Pope John K2 trend. The deposit starts
from the Lucifer Fault which offsets Moonbeam from the Pope John deposit, by
approximately 200m. The Moonbeam deposit continues to 18574n where the
K2 trend becomes classified as Drake. The K2 mineralisation is typical of the
area with a high-grade laminated quartz vein being the primary gold hosting
unit with minor halo grade disseminated around this structure in the Centenary
shale and Black Flag volcaniclastics.
Drill hole
Information
A summary of all information material to the
understanding of the exploration results
including a tabulation of the following
information for all Material drill holes:
o
easting and northing of the drill hole
collar
o
elevation or RL (Reduced Level –
elevation above sea level in metres) of
the drill hole collar
o
dip and azimuth of the hole
o
down hole length and interception depth
o
hole length.
A summary of the data present in the Moonbeam deposit can be found above.
The collar locations are presented in plots contained in the NSR 2018 resource
report.
Drill holes vary in survey dip from +50° to -80°, with hole depths ranging from
30 m to 625 m, with an average depth of 200 m. The assay data acquired from
these holes are described in the NSR 2019 resource report.
All validated drill hole data were used directly or indirectly for the preparation of
the resource estimates described in the resource report,
If the exclusion of this information is justified
on the basis that the information is not
Material and this exclusion does not detract
from the understanding of the report, the
Competent Person should clearly explain
why this is the case.
The exclusion of information is not material
Data
aggregation
methods
In reporting Exploration Results, weighting
averaging techniques, maximum and/or
minimum grade truncations (e.g. cutting of
high grades) and cut-off grades are usually
Material and should be stated.
All reported assay results have been length weighted to provide an intersection
width. A maximum of 2 m of barren material (considered < 1 g/t) between
mineralised samples has been permitted in the calculation of these widths.
Typically grades over 1.0 g/t are considered significant, however, where low
grades are intersected in areas of known mineralisation these will be reported.
No top-cutting is applied when reporting intersection results.
Where aggregate intercepts incorporate short
lengths of high-grade results and longer
lengths of low-grade results, the procedure
used for such aggregation should be stated
and some typical examples of such
aggregations should be shown in detail.
Where an intersection incorporates short lengths of high grade results these
intersections will be reported in addition to the aggregate value. These will
typically take the form of ##.#m @ ##.##g/t including ##.#m @ ##.##g/t.
The assumptions used for any reporting of
metal equivalent values should be clearly
stated.
No metal equivalent values have been used for the reporting of these
exploration results.
Relationship
between
mineralisation
widths and
intercept
lengths
These relationships are particularly important
in the reporting of Exploration Results:
True widths have been calculated for intersections of the known ore zones,
based on existing knowledge of the nature of these structures.
If the geometry of the mineralisation with
respect to the drill hole angle is known, its
nature should be reported.
Both the downhole width and true width have been clearly specified when
used.
If it is not known and only the down hole
lengths are reported, there should be a clear
statement to this effect (e.g. ‘down hole
length, true width not known’).
It is known and has been reported as such
Diagrams Appropriate maps and sections (with scales)
and tabulations of intercepts should be
included for any significant discovery being
reported These should include, but not be
limited to a plan view of drill hole collar
locations and appropriate sectional views.
Appropriate plans and section have been included at the end of this Table and
in the NSR 2019 resource report.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Balanced
reporting
Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and high
grades and/or widths should be practiced to
avoid misleading reporting of Exploration
Results.
Both high and low grades have been reported accurately, clearly identified with
the drill hole attributes and ‘From’ and ‘To’ depths.
Other
substantive
exploration
data
Other exploration data, if meaningful and
material, should be reported including (but
not limited to): geological observations;
geophysical survey results; geochemical
survey results; bulk samples – size and
method of treatment; metallurgical test
results; bulk density, groundwater,
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.
No other material exploration data has been collected for this area.
Further work The nature and scale of planned further work
(e.g. tests for lateral extensions or depth
extensions or large-scale step-out drilling).
Drilling will continue in various parts of the mine with the intention of extending
areas of known mineralisation. Areas of focus will be to extend the K2 structure
both down dip and along strike to the north. Drilling will also focus on infilling
areas of the resource to improve confidence. As Well as grade control drilling
in certain areas to build of data collected from development face sampling and
assist in production.
Diagrams clearly highlighting the areas of
possible extensions, including the main
geological interpretations and future drilling
areas, provided this information is not
commercially sensitive.
Appropriate diagrams accompany this release.
Section 3 Estimation and Reporting of Mineral Resources
(Criteria listed in section 1, and where relevant in section 2, also apply to this section.)
Criteria JORC Code explanation Commentary
Database
integrity
Measures taken to ensure that data has not
been corrupted by, for example, transcription
or keying errors, between its initial collection
and its use for Mineral Resource estimation
purposes.
Sampling and logging data are either recorded on paper and manually entered
into a database system or is captured digitally via a logging laptop and directly
loaded into the database system. There are checks in place to avoid duplicate
holes and sample numbers. Where possible, raw data is loaded directly into
the database from laboratory and survey derived files.
Northern Star personnel have validated the database during the interpretation
of the mineralisation, with any drill holes containing dubious data excluded
from the MRE. Northern Star provided a list of holes to be excluded from the
MRE and the reasons behind those exclusions.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Data validation procedures used. The database has further checks performed to back -up those performed in
section 2. The complete exported data base including drill and face samples is
brought into Datamine RM and checked visually for any apparent errors i.e.
holes or faces sitting between levels or not on surface DTM’s. Multiple checks
are then made on numerical data including:

Empty table checks to ensure all relevant fields are populated

Unique collar location check,

Distances between consecutive surveys is no more than 50 m for drill-
holes

Differences in azimuth and dip between consecutive surveys of no more
than 0.3 degrees

The end of hole extrapolation from the last surveyed shot is no more than
30 m

Underground face sample lines are not greater than +- 5 degrees from
horizontal
Errors are corrected where possible. When not possible the data is resource
flagged as “No” in the database and the database is re-exported. This data will
not be used in the estimation process.
In addition to being validated, drill holes are assigned a Data Class, which
provides a secondary level of confidence in the quality of the data. Data
Class (DC) values from 0-3 assigned, criteria summarised below:

DC 3 = Recent data; all data high quality, validated and all original data
available.

DC 2 = Historic data; may or may not have all data in AcQuire or hard copy
available but has proximity to recent drilling which confirms the dip, width
and tenor. Used to assist in classification OR

Recent data; minor issues with data such as QAQC fail but away from the
ore zone.

DC 1 = Historic data; same criteria as DC 2 but cannot be verified with
recent drilling, i.e. too far away or dissimilar dip, width and/or tenor to recent
drilling. Not to be used in Resource estimate.

DC 0 = Historic data; no original information or new drilling in proximity to
verify. Not to be used in Resource estimate.
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
The geological interpretations underpinning these resource models have been
prepared by geologists working in adjacent mines and in direct, daily contact
with similar ore bodies. The estimation of grades was undertaken by personnel
familiar with the orebody and the general style of mineralisation encountered.
The Senior Resource Geologist, a competent person for reviewing and signing
off on estimations of the Moonbeam lode maintained a presence throughout
the process.
If no site visits have been undertaken
indicate why this is the case.
The Competent Person has maintained a presence onsite.
Geological
interpretation
Confidence in (or conversely, the uncertainty
of) the geological interpretation of the mineral
deposit.
The interpretation of the Moonbeam deposit has been carried out using a
systematic approach to ensure continuity of the geology and estimated mineral
resource. The confidence in the geological interpretation is high and is
supported with information acquired during open pit mining as well as from
drilling. The interpretation of the Moonbeam mineralisation wireframe was
conducted using the sectional interpretation method. Vertical sections at
approximately 30-40 m spacing were created using the drilling data.
Wireframes were checked for unrealistic volumes and updated where
appropriate. The oxide mineralisation lodes have been created using closed,
cross-sectional interpretation strings at approximately 10 m spacing.
Nature of the data used and of any
assumptions made.
All available geological data was used in the interpretation including pit
mapping, drill holes and structural data.
The effect, if any, of alternative
interpretations on Mineral Resource
estimation.
Due to the nature of the deposit, the consistency of the structure and data from
the recent open pit mining, no alternative interpretations have been
considered.
The use of geology in guiding and controlling
Mineral Resource estimation.
The interpretation of the main Moonbeam K2 structure is based on the
presence of quartz veining and its relative position around the Centenary shale
unit. Termination of these structures is controlled by the Lucifer fault in the
north.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
The factors affecting continuity both of grade
and geology.
The K2 structure is reasonably continuous over the length of the deposit with
either quartz veining, the shear or the controlling structure used to guide this
interpretation. The Lucifer fault controls the extent of mineralisation at the
northern end of the deposit and is interpreted to be post mineralisation.
Continuity is affected by the orientation of the K2 and K2E structures as well
as the thickness of the Centenary shale unit.
The Pope John K2 is the northern extension of the Moonbeam K2 offset along
the Lucifer fault. The K2 composites from the Pope John deposit have been
transformed to line up with the Moonbeam deposit and have been used as a
soft boundary. The southern extension is the Drake K2, these composites
have been used have also been used as a soft boundary for estimation.
The K2E orebody is a narrow lode in the hangingwall of the K2 on the contact
between the Victorious Basalt and Centenary Shale and comprises quartz
veining and intense biotite alteration and is continuous. The K2E
mineralisation terminates at the Lucifer fault in the north.
Dimensions The extent and variability of the Mineral
Resource expressed as length (along strike
or otherwise), plan width, and depth below
surface to the upper and lower limits of the
Mineral Resource.
The strike length of the Moonbeam K2 structure is approximately 750 m and
the down dip extents up to 750 m. The K2 mineralisation occurs in a major
regional shear system extending over 10s of kilometres.
Moonbeam K2 is ~ 0.5-2 m wide and can be over 2 m wide with a minimum
width of ~ 0.1 m.
The K2E orebody has a strike length of 320 m and approx. 340 m down dip but
is open in all directions.
There are three flat lying oxide lodes interpreted near the surface, two in the
hangingwall and one in the footwall. The hangingwall lodes have a strike
length of approximately 200 m and the footwall lode 150 m, with an
approximate down dip extent of 100 m.
Mineralisation is known to occur from the base of cover to around 600 m below
surface.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Estimation
and modelling
techniques
The nature and appropriateness of the
estimation technique(s) applied and key
assumptions, including treatment of extreme
grade values, domaining, interpolation
parameters and maximum distance of
extrapolation from data points. If a computer
assisted estimation method was chosen
include a description of computer software
and parameters used.
The Moonbeam K2, K2E and Oxide mineralisation used 1.0 m composites with
direct grade estimation. The footwall (FW) and hangingwall (HW) halo zones
used 1.0 m composites with direct grade estimation. The gold grade estimation
has been completed using Ordinary Kriging (OK), utilising a three-pass search
strategy using Datamine Studio RM v 1.4 software. Details of the estimation
parameters for each mineralisation zone are summarised below.
K2 - divided into two subdomains north and south, with each of these further
divided based on data density; high data density (where drill spacing is less
than 30 m x 30 m) and low drill data density (drill spacing greater than 30 m x
30 m). The drill hole data was analysed and top cut separately. A top cut of 80
g/t Au was applied to the north domain and no top cut applied to the south
domain. Variography was completed on the composite files for both domains,
indicating the greatest grade continuity to be down dip for both the north and
the south domains. The north domain data had a search range of ~150 m in
direction 1 and 130 m in direction 2, the south domain had a search range of
150 m in direction 1 and 150 m in direction 2. Three passes were used for
estimation with distances based on variography. The first pass had a minimum
of 12 samples and a maximum of 17 samples for both the north and south
subdomains. The second pass doubled the ranges, decreasing the minimum
number of samples to 7 and decreasing the max number of samples to 15.
The third pass increased the search range by 3 times the original ranges,
decreasing the minimum number of samples to 4 and kept the max number of
samples at 15. Estimation was completed using a soft boundary between the
north and south subdomains. Pope John K2 data was transformed and
combined with the Moonbeam composites for estimation and also used as a
soft boundary. The Drake K2 dataset was also combined with the Moonbeam
composites for estimation and used as a soft boundary. No restrictions by drill
hole or drill hole type have been applied.
K2E was estimated using OK, with a three pass search strategy, using an
isotropic search ellipse, 60 m by 60 m by 60 m. The composite file was
analysed and top cut to 5 g/t Au. The minimum number of samples used for
the first pass was 6 and the maximum number 12. The second pass was two
times the original ellipse ranges with a minimum of 4 and maximum of 10
samples. The third pass was 3 times the original range, with a minimum of 10
samples and a maximum of 22 samples. No restrictions by drill hole or drill
hole type have been applied.
HW Halo/FW Halo were both estimated using OK and a three pass estimation
strategy. The haloes were reviewed as per the same sub domaining strategy
as the K2, however no discernible difference was found between the north and
south subdomains, so they were combined. The drill hole data was analysed,
the same top cut was applied to both subdomains (high and low density data);
12 g/t Au for the HW halo and 8 g/t Au for the FW halo. The top cut,
subdomain composite files were combined for variography.
For both the HW and FW halos and both subdomains (high and low density
data) within them, the first search pass used an ellipse 150 m by 100 m by
50 m with a minimum of 7 samples and maximum of 12 samples. The second
pass increased the search ellipse ranges by 2 times the original range and
kept a minimum of 7 samples, increasing the maximum to 15. The third pass
increased the search range by 3 times the original range and reduced the
minimum to 4 samples with a maximum of 15. No restrictions by drill hole or
drill hole type have been applied.
For both FW and HW halos, estimation was completed using a soft boundary
between the high and low-density subdomains.
HW1OX was estimated using OK, with a three pass search strategy, using a
search ellipse, 60 m by 60 m by 30 m. The composite file was analysed and a
top cut of 10 g/t Au applied. Variography was completed on the composite file.
The minimum number of samples used for the first pass was 6 and the
maximum number 12. The second pass was two times the original ellipse
ranges with a minimum of 4 and maximum of 10 samples. The third pass was
3 times the original range, with a minimum of 10 samples and a maximum of
22 samples. No restrictions by drill hole or drill hole type have been applied.
HW2OX was estimated using OK, with a three pass search strategy, using a
search ellipse, 60 m by 60 m by 30 m. The composite file was analysed and a
top cut of 2 g/t Au applied. Variography was completed on the composite file.
The minimum number of samples used for the first pass was 6 and the
maximum number 12. The second pass was two times the original ellipse
ranges with a minimum of 4 and maximum of 10 samples. The third pass was
3 times the original range, with a minimum of 10 samples and a maximum of
22 samples. No restrictions by drill hole or drill hole type have been applied.
FW1OX was estimated using OK, with a three pass search strategy, using a
search ellipse, 50 m by 50 m by 30 m. The composite file was analysed and a

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
top cut of 10 g/t Au applied. Variography was completed on the composite file.
The minimum number of samples used for the first pass was 6 and the
maximum number 12. The second pass was two times the original ellipse
ranges with a minimum of 4 and maximum of 10 samples. The third pass was
3 times the original range, with a minimum of 10 samples and a maximum of
22 samples. No restrictions by drill hole or drill hole type have been applied
The availability of check estimates, previous
estimates and/or mine production records
and whether the Mineral Resource estimate
takes appropriate account of such data.
All Moonbeam mineralisation zones had check estimates using Inverse
Distance power of 2 (ID2) and Nearest Neighbour (NN) completed as a
comparison. Estimates using a soft and semi-soft boundary (with the Pope
John and Drake composites) have also been compared and reviewed. All
estimates have been compared to the previous MRE.
The assumptions made regarding recovery
of by-products.
No assumptions have been made regarding recovery of any by-products.
Estimation of deleterious elements or other
non-grade variables of economic significance
(e.g. sulphur for acid mine drainage
characterisation).
No deleterious elements have been considered and therefore estimated for
this deposit.
In the case of block model interpolation, the
block size in relation to the average sample
spacing and the search employed.
The data spacing varies considerably within the deposit ranging from near-
surface drilling at approximately 20 m x 20 m spacing to drill hole intercepts up
to 80 m x 80 m along strike and down dip at depth.
As such, the block sizes varied depending on sample density. In areas of
comparatively high density 10 m x 10 m x 10 m block size was chosen. For
lower density drilling (areas where the drill spacing was greater than 30 m x
30 m), block sizes of 20 m x 20 m x 10 m or 20 x 20 x 20 m were chosen.
All the varying block sizes are added together after being estimated
individually.
Search ellipse dimensions were derived from the variogram model ranges.
Any assumptions behind modelling of
selective mining units.
No selective mining units are assumed in this estimate.
Any assumptions about correlation between
variables.
No other elements other than gold have been estimated.
Description of how the geological
interpretation was used to control the
resource estimates.
Hangingwall and footwall wireframe surfaces were created using sectional
interpretation. These were used to define the Moonbeam K2 and hangingwall
and footwall halo mineralised zones based on the shearing, veins and gold
grade.
K2 (Moonbeam) steeply dipping structure with quartz veining evident from
drilling.
Footwall/Hangingwall halo (Moonbeam) - Steeply dipping sheared structure
with minor quartz stringers in the hangingwall and footwall of the K2 evident
from drilling.
Oxide mineralisation lodes (HW1OX, HW2OX, FW1OX) have been created
from closed sectional interpretation strings creating a solid wireframe
representing each lode.
For mine planning purposes a waste model is created by projecting the
hangingwall and footwall surfaces 15 m either side or the mineralisation. A
default grade of 0.1 g/t is assigned and the same resource classification as the
adjacent ore lode is applied.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Discussion of basis for using or not using
grade cutting or capping.
Top cuts were applied to the composited sample data with the intention of
reducing the impact of outlier values on the average grade. Top cuts were
selected based on a statistical analysis of the data with a general aim of not
impacting the mean by more than 5% and reducing the coefficient of variation
to around 1.2, and vary by domain (ranging from 1.5 to 80 g/t for individual
domains)
The top cut values are applied in several steps, using a technique called
influence limitation top cutting. A top cut (AU) and non-top cut (_NC) variable
is created, as well as a spatial variable (
_BC) which only has values where
the top cut values appear. For example, where gold requires a top cut, the
following variables will be created and estimated:

AU (top cut gold)

AU_NC (non- top cut gold)

AU_BC (populated with AU_NC value when (AU_NC > AU)
The top cut and non-top cut values are estimated using search ranges based
on the variogram, and the _BC values estimated using very small ranges (5 m
x 5 m x 5 m). Where the
_BC values produce estimated blocks within these
restricted ranges, the *_NC estimated values replace the original top cut
estimated values (AU).
The application of the top cuts has not resulted in a significant decrease in the
mean grade from the un-cut to top cut data.
The process of validation, the checking
process used, the comparison of model data
to drill hole data, and use of reconciliation
data if available.
Statistical measures of Kriging error, such as the Slope of Regression, are
used to assess the quality of the estimation for each domain.
Differences in the global grade of the declustered composite data set and the
average model grade must be within 10%.
Swath plots comparing composites to block model grades are prepared and
reviewed. Plots are also prepared summarising the critical model parameters.
Visually, block grades are assessed against drill hole data.
Moisture Whether the tonnages are estimated on a dry
basis or with natural moisture, and the
method of determination of the moisture
content.
The tonnes have been estimated on a dry basis.
Cut-off
parameters
The basis of the adopted cut-off grade(s) or
quality parameters applied.
The mineral resource estimate has been reported at a 1.63 g/t cut off within
2.5 m minimum mining width including no dilution MSO’s using a $AU2250/oz
gold price.
Mining factors
or
assumptions
Assumptions made regarding possible
mining methods, minimum mining
dimensions and internal (or, if applicable,
external) mining dilution. It is always
necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential mining methods, but the
assumptions made regarding mining
methods and parameters when estimating
Mineral Resources may not always be
rigorous. Where this is the case, this should
be reported with an explanation of the basis
of the mining assumptions made.
No mining assumptions have been made during the resource wireframing or
estimation process.
Metallurgical
factors or
assumptions
The basis for assumptions or predictions
regarding metallurgical amenability. It is
always necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential metallurgical methods, but the
assumptions regarding metallurgical
treatment processes and parameters made
when reporting Mineral Resources may not
always be rigorous. Where this is the case,
this should be reported with an explanation
of the basis of the metallurgical assumptions
made.
Metallurgical test work results show that the mineralisation is amendable to
processing through the Kanowna Belle treatment plant.
Ore processing throughput and recovery parameters were estimated based on
historic performance and potential improvements available using current
technologies and practices.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Environmental
factors or
assumptions
Assumptions made regarding possible waste
and process residue disposal options. It is
always necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider the
potential environmental impacts of the mining
and processing operation. While at this stage
the determination of potential environmental
impacts, particularly for a green fields
project, may not always be well advanced,
the status of early consideration of these
potential environmental impacts should be
reported. Where these aspects have not
been considered this should be reported with
an explanation of the environmental
assumptions made.
A “Licence to Operate” is held by the operation which is issued under the
requirement of the “Environmental Protection Act 1986”, administered by the
Department of Environment (DoE). The licence stipulates environmental
conditions for the control of air quality, solid waste management, water quality,
and general conditions for operation. Groundwater licenses are held for water
abstraction, including production bore field water use for mineral processing,
and mine dewatering, in accordance with the Rights in Water and Irrigation Act
1914. These licenses are also regulated by DoE and are renewable on a
regular basis. Kanowna Operations conduct extensive environmental
monitoring and management programs to ensure compliance with the
requirements of the licences and lease conditions. An Environmental
Management System is in place to ensure that Northern Star employees and
contractors exceed environmental compliance requirements.
The Kalgoorlie operations are fully permitted including groundwater extraction
and dewatering, removal of vegetation, mineral processing, and open pits.
Kalgoorlie Operations have been compliant with the International Cyanide
Management Code since 2008.
Compliance with air quality permits is particularly important at Kanowna
because of the roaster operation and because there are three facilities in the
Kalgoorlie region emitting SO2 gas. Kanowna has a management program in
place to minimize the impact of SO2on regional air quality and ensure
compliance with regulatory limits.
Bulk density Whether assumed or determined. If
assumed, the basis for the assumptions. If
determined, the method used, whether wet
or dry, the frequency of the measurements,
the nature, size and representativeness of
the samples.
Density values for the various lithological units at Moonbeam were reviewed,
there were 8 in total, not enough for detailed evaluation. Bulk density is
assumed and comparable to neighbouring deposits at Kundana. Bulk densities
from neighbouring deposits were determined from surface DD holes with
intervals taken from mineralised and non-mineralised zones within the project
area. The bulk densities are derived from wet and dry weighting of core no
greater than 30cm total length, with core samples selected by changes in
lithology/alteration or every 30-40 m where no change is evident.
The average density values for the various lithological units at Moonbeam
were coded into the database. Where there were no measurements for a
specific lithology a default of 2.8 was applied. Density was then estimated by
Ordinary Kriging using the associated gold estimation parameters for that
domain. Post estimation, default density values for the oxide and transition
zones were applied, based on regional averages, 1.8 for Oxide material and
2.3 for Transitional material.
The bulk density for bulk material must have
been measured by methods that adequately
account for void spaces (vugs, porosity, etc.),
moisture and differences between rock and
alteration zones within the deposit.
No/minimal voids are encountered in the ore zones and underground
environment
Discuss assumptions for bulk density
estimates used in the evaluation process of
the different materials.
Assumptions on the average bulk density of individual lithologies, based on
1399 bulk density measurements at neighbouring Kundana deposits.
Assumptions were also made based on regional averages, on the default
density applied to transitional (2.3) material, due to lack of data in this area.
Classification The basis for the classification of the Mineral
Resources into varying confidence
categories.
Classification is based on a series of factors including:

Geologic grade continuity

Density of available drilling

Statistical evaluation of the quality of the kriging estimate

Confidence in historical data, based on the new Data Class system
Whether appropriate account has been taken
of all relevant factors (i.e. relative confidence
in tonnage/grade estimations, reliability of
input data, confidence in continuity of
geology and metal values, quality, quantity
and distribution of the data).
All relevant factors have been given due weighting during the classification
process.
Whether the result appropriately reflects the
Competent Person’s view of the deposit.
The resource model methodology is appropriate, and the estimated grades
reflect the Competent Persons view of the deposit.
Audits or
reviews
The results of any audits or reviews of
Mineral Resource estimates.
The Resource model has been subjected to internal peer reviews.

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Criteria JORC Code explanation Commentary
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the relative
accuracy and confidence level in the Mineral
Resource estimate using an approach or
procedure deemed appropriate by the
Competent Person. For example, the
application of statistical or geostatistical
procedures to quantify the relative accuracy
of the resource within stated confidence
limits, or, if such an approach is not deemed
appropriate, a qualitative discussion of the
factors that could affect the relative accuracy
and confidence of the estimate.
The mineral resource estimate is considered robust and representative of the
Moonbeam style of the K2 mineralisation. The application of geostatistical
methods has helped to increase the confidence of the model and quantify the
relative accuracy of the resource.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and economic
evaluation. Documentation should include
assumptions made and the procedures used.
This resource report relates to the Moonbeam ore zone. The model will show
local variability even though the global estimate reflects the total average
tonnes and grade.
These statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
No reconciliation factors are applied to the resource post-modelling.

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Figure 1. Overview showing the offset between Pope John K2 and Moonbeam K2 along the Lucifer fault

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Figure 2. Long section view of 2103_RES MSOs coloured by grade (AU g/t).

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Section 4 Estimation and Reporting of Ore Reserves

(Criteria listed in section 1, and where relevant in sections 2 and 3, also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
Resource
estimate for
conversion to
Ore Reserves
Description of the Mineral Resource estimate
used as a basis for the conversion to an Ore
Reserve.
Northern Star Resources Limited June 2021 Mineral Resource
Clear statement as to whether the Mineral
Resources are reported additional to, or
inclusive of, the Ore Reserves.
The Mineral Resources are reported inclusive of the Ore Reserve
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
Site visits have been undertaken by the Competent Person.
If no site visits have been undertaken
indicate why this is the case.
Site visits undertaken.
Study status The type and level of study undertaken to
enable Mineral Resources to be converted to
Ore Reserves.
A minimum Pre-Feasibility level study has been completed.
The Code requires that a study to at least
Pre-Feasibility Study level has been
undertaken to convert Mineral Resources to
Ore Reserves. Such studies will have been
carried out and will have determined a mine
plan that is technically achievable and
economically viable, and that material
Modifying Factors have been considered.
Upgrade of previous Ore Reserve
Cut-off
parameters
The basis of the cut-off grade(s) or quality
parameters applied.
Forward looking forecast costs and physicals form the basis of the cut-off
grade calculations.

The assumed AUD gold price is at a conservative assumption of
$1,750/oz

Mill recovery factors are based on test work and historical averages from
the region.
Various cut-off grades are calculated including a break-even cut-off grade
(BCOG), Variable cut-off grade (VCOG) and Mill cut-off grade (MCOG). The
VCOG is used as the basis for stope design, though any areas which are
marginal or require significant development are assessed by a more detailed
financial analysis to confirm their profitability.
Mining factors
or
assumptions
The method and assumptions used as
reported in the Pre-Feasibility or Feasibility
Study to convert the Mineral Resource to an
Ore Reserve (i.e. either by application of
appropriate factors by optimisation or by
preliminary or detailed design).
Indicated Resources were converted to Probable Ore Reserves subject to
mine design physicals and an economic evaluation. Stockpiled material was
considered as proven
The choice, nature and appropriateness of
the selected mining method(s) and other
mining parameters including associated
design issues such as pre-strip, access, etc.
The Kundana Gold Operations (incorporating Millennium, Centenary, Pope
John, Moonbeam and Christmas) is accessed via a portal within the open pit.
The ore is accessed from the Hanging wall from levels at 20m spacing (25m in
Millennium North). Top down open stoping methods are applied, and the levels
are broken into selectively sized stoping blocks to maximise production.
The assumptions made regarding
geotechnical parameters (e.g. pit slopes,
stope sizes, etc.), grade control and pre-
production drilling.
The mine design considers well established geotechnical constraints and is
reviewed by geotechnical engineers prior to being finalised.
Historical geological and geotechnical information is gathered from the nearby
operations including Barkers, Strzelecki and Centenary, and still in operation,
Raleigh, Rubicon, Hornet and Pegasus, and learnings from this are applied to
the geotechnical parameters used.
Grade control is to be carried out through resource definition drilling and face
sampling of all ore drives.
The major assumptions made and Mineral
Resource model used for pit and stope
optimisation (if appropriate).
This Table 1 applies to underground mining only
The mining dilution factors used. 20% dilution has been applied to all stopes. No additional mining dilution
factor has been applied.

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Criteria JORC Code explanation Commentary
The mining recovery factors used. A calculated 70% recovery is applied to unfilled up hole stopes to account for
rib pillar requirements and 65% recovery on levels where regional sill pillars
are required.
Any minimum mining widths used. A minimum stope mining width of 3.0m has been used. This considers a
minimum stope width of 2.0m +0.5m dilution in the Hangingwall and +0.5m
dilution in the Footwall
The manner in which Inferred Mineral
Resources are utilised in mining studies and
the sensitivity of the outcome to their
inclusion.
Designed stopes with greater than 50% inferred blocks are excluded from the
reported Ore Reserve.
The infrastructure requirements of the
selected mining methods.
Infrastructure in place, currently an operating mine.
Metallurgical
factors or
assumptions
The metallurgical process proposed and the
appropriateness of that process to the style
of mineralisation.
Ore from the Kundana Gold operations is treated at the Jubilee Mill, Kanowna
Belle and Carosue Dam milling facilities, all owned by NSR.
These facilities are designed to process more than 6.7 million tonnes per
annum as a combined throughput (Jubilee – 1Mtpa, Kanowna Bell – 2Mtpa,
Carosue Dam – 3.7Mtpa). All plants have the capability to treat free milling
ores with additional capacity at the Kanowna Belle facility to treat refractory
material. Ore is treated either using the flotation circuit and associated
concentrate roaster circuit (including carbon-in-leach (CIL) gold recovery) or
bypassing the flotation circuit and going directly to a CIL circuit designed to
treat flotation tails. The plants campaign both refractory and free milling ores
every month.
Whether the metallurgical process is well-
tested technology or novel in nature.
Plus 10 years milling experience with Kundana ores.
The nature, amount and representativeness
of metallurgical test work undertaken, the
nature of the metallurgical domaining applied
and the corresponding metallurgical recovery
factors applied.
Plus 10 years milling experience with Kundana ores.
Any assumptions or allowances made for
deleterious elements.
No assumptions made
The existence of any bulk sample or pilot
scale test work and the degree to which such
samples are considered representative of the
orebody as a whole.
Milling experience gained since 2005, 13 years’ continuous operation
For minerals that are defined by a
specification, has the ore reserve estimation
been based on the appropriate mineralogy to
meet the specifications?
Not applicable
Environmental The status of studies of potential
environmental impacts of the mining and
processing operation. Details of waste rock
characterisation and the consideration of
potential sites, status of design options
considered and, where applicable, the status
of approvals for process residue storage and
waste dumps should be reported.
Kundana Gold is currently compliant with all legal and regulatory requirements.
All government permits and Licences and statutory approvals are either
granted or in the process of being granted.
Infrastructure The existence of appropriate infrastructure:
availability of land for plant development,
power, water, transportation (particularly for
bulk commodities), labour, accommodation;
or the ease with which the infrastructure can
be provided or accessed.
All current site infrastructure is suitable to the proposed mining plan.
Costs The derivation of, or assumptions made,
regarding projected capital costs in the study.
Mine development capital cost based on historical performance on site and
life-of-mine forward planning. Plant and equipment capital are based on site
experience and the LOM plan
The methodology used to estimate operating
costs.
All overhead costs and operational costs are projected forward on an AUD $/t
based on historical data.
Allowances made for the content of
deleterious elements.
No allowances made.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
The derivation of assumptions made of metal
or commodity price(s), for the principal
minerals and co- products.
Single commodity pricing for gold only, using a long-term gold price of AUD
$1,750/oz, 2.5% WA state Government Royalty, as per NSR corporate
guidance
The source of exchange rates used in the
study.
All rates considered in Australian Dollars (AUD) as per NSR corporate
guidance
Derivation of transportation charges. Historic performance
The basis for forecasting or source of
treatment and refining charges, penalties for
failure to meet specification, etc.
Historic performance
The allowances made for royalties payable,
both Government and private.
All State Govt. and third-party royalties are built into the cost model.
Revenue
factors
The derivation of, or assumptions made
regarding revenue factors including head
grade, metal or commodity price(s) exchange
rates, transportation and treatment charges,
penalties, net smelter returns, etc.
All revenue based on a gold price of AUD $1,750/oz.
The derivation of assumptions made of metal
or commodity price(s), for the principal
metals, minerals and co-products.
Corporate guidance.
Market
assessment
The demand, supply and stock situation for
the particular commodity, consumption
trends and factors likely to affect supply and
demand into the future.
All product is sold direct at spot market prices.
A customer and competitor analysis along
with the identification of likely market
windows for the product.
Not relevant for gold.
Price and volume forecasts and the basis for
these forecasts.
Not relevant for gold.
For industrial minerals the customer
specification, testing and acceptance
requirements prior to a supply contract.
Not relevant for gold.
Economic The inputs to the economic analysis to
produce the net present value (NPV) in the
study, the source and confidence of these
economic inputs including estimated inflation,
discount rate, etc.
All costs assumptions are made based on historical performance from the
mine and current economic forecast seen as representative of current market
conditions.
NPV ranges and sensitivity to variations in
the significant assumptions and inputs.
Sensitivities assessed at varying gold prices.
Social The status of agreements with key
stakeholders and matters leading to social
licence to operate.
Agreements are in place and are current with all key stakeholders.
Other To the extent relevant, the impact of the
following on the project and/or on the
estimation and classification of the Ore
Reserves:
No issues foreseen.
Any identified material naturally occurring
risks.
No issues foreseen.
The status of material legal agreements and
marketing arrangements.
No issues foreseen.

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Criteria JORC Code explanation Commentary
The status of governmental agreements and
approvals critical to the viability of the
project, such as mineral tenement status,
and government and statutory approvals.
There must be reasonable grounds to expect
that all necessary Government approvals will
be received within the timeframes anticipated
in the Pre-Feasibility or Feasibility study.
Highlight and discuss the materiality of any
unresolved matter that is dependent on a
third party on which extraction of the reserve
is contingent.
No issues foreseen.
Classification The basis for the classification of the Ore
Reserves into varying confidence categories.
All Ore Reserves include Proved and Probable classifications. These
classifications are based on Mineral Resource classifications as modified by
subsequent grade control drilling and face sampling results.
Whether the result appropriately reflects the
Competent Person’s view of the deposit.
The results appropriately reflect the Competent Persons view of the deposit.
The proportion of Probable Ore Reserves
that have been derived from Measured
Mineral Resources (if any).
None.
Audits or
reviews
The results of any audits or reviews of Ore
Reserve estimates.
This ore reserve has been prepared and peer reviewed internally within
Northern Star Resources. There have been no external reviews of this Ore
Reserve estimate.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the relative
accuracy and confidence level in the Ore
Reserve estimate using an approach or
procedure deemed appropriate by the
Competent Person. For example, the
application of statistical or geostatistical
procedures to quantify the relative accuracy
of the reserve within stated confidence limits,
or, if such an approach is not deemed
appropriate, a qualitative discussion of the
factors which could affect the relative
accuracy and confidence of the estimate.
Confidence in the model and Ore Reserve is considered high based on nearby
Northern Star operated mines along the same ore bearing structures and the
previous 12 months development and stope performance at the Kundana Gold
Operations.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and economic
evaluation. Documentation should include
assumptions made and the procedures used.
Ore reserves are best reflected as global estimates.
Accuracy and confidence discussions should
extend to specific discussions of any applied
Modifying Factors that may have a material
impact on Ore Reserve viability, or for which
there are remaining areas of uncertainty at
the current study stage.
There is high confidence in these models as the areas are well known and well
drilled.
It is recognised that this may not be possible
or appropriate in all circumstances. These
statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
Reconciliation results from past mining at Centenary, Millennium and Pope
John reflect estimates in the Ore Reserve estimates.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Arctic: Resources and Reserves – 31 March 2021

Section 1: Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria JORC Code explanation Commentary
Sampling
techniques
Nature and quality of sampling (e.g., cut
channels, random chips, or specific
specialised industry standard measurement
tools appropriate to the minerals under
investigation, such as down hole gamma
sondes, or handheld XRF instruments, etc.).
These examples should not be taken as
limiting the broad meaning of sampling.
A combination of sample types was used to collect material for analysis
including surface diamond drilling (DD) and surface Reverse Circulation drilling
(RC).
Include reference to measures taken to ensure
sample representivity and the appropriate
calibration of any measurement tools or
systems used.
DD drilling is sampled within geological boundaries with a minimum (0.3m) and
maximum (1.0m) sample length. Face channel sampling is constrained within
geological and mineralised boundaries with a minimum (0.2m) and maximum
(1.0m) channel sample length.
Aspects of the determination of mineralisation
that are Material to the Public Report. In
cases where ‘industry standard’ work has
been done this would be relatively simple
(e.g., ‘reverse circulation drilling was used to
obtain 1m samples from which 3kg was
pulverised to produce a 30g charge for fire
assay’). In other cases, more explanation may
be required, such as where there is coarse
gold that has inherent sampling problems.
Unusual commodities or mineralisation types
(e.g., submarine nodules) may warrant
disclosure of detailed information.
DD drill core was nominated for either half core or full core sampling. Core
designated for half core was cut in half using an automated core saw. The mass
of material collected will depend on the drill hole diameter and sampling interval
selected. Core designated for full core was broken with a rock hammer if sample
segments were too large to fit into sample bags.
A sample size of at least 3kg of material was targeted for each face sample
interval.
All samples were delivered to a commercial laboratory where they were dried,
crushed to 95% passing 3mm if required, at this point large samples may be
split using a rotary splitter, pulverisation to 90% passing 75µm, a 40g charge
was selected for fire assay.
Drilling
techniques
Drill type (e.g., core, reverse circulation, open-
hole hammer, rotary air blast, auger, Bangka,
sonic, etc.) and details (e.g., core diameter,
triple or standard tube, depth of diamond tails,
face-sampling bit or other type, whether core
is oriented and if so, by what method, etc.).
Both RC and Diamond Drilling techniques are used to drill the Kundana
deposits.
Surface diamond drill holes were completed using HQ2 (63.5mm) whilst
underground diamond drill holes were completed using NQ2 (50.5mm).
Historically, core was orientated using the Reflex ACT Core orientation system.
Currently, core is orientated using the Boart Longyear Trucore Core Orientation
system.
RC Drilling was completed using a 5.75” drill bit, downsized to 5.25” at depth.
In many cases, RC pre-collars were drilled followed by diamond tails. Pre-collar
depth was determined in the drill design phase depending on the target been
drilled and production constraints.
Drill
sample
recovery
Method of recording and assessing core and
chip sample recoveries and results assessed.
For DD drilling, any core loss is recorded on the core blocks by the driller. This
is then captured by the logging geologist and entered as interval into the hole
log.
Measures taken to maximise sample recovery
and ensure representative nature of the
samples.
For diamond drilling the contractors adjust their rate of drilling and method if
recovery issues arise. All recovery is recorded by the drillers on core blocks.
This is checked and compared to the measurements of the core by the
geological team. Any issues are communicated back to the drilling contractor.

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Criteria JORC Code explanation Commentary
Whether a relationship exists between sample
recovery and grade and whether sample bias
may have occurred due to preferential
loss/gain of fine/coarse material.
Recovery was excellent for diamond core and no relationship between grade
and recovery was observed. Average recovery across the Kundana camp is at
99%.
Logging Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate Mineral
Resource estimation, mining studies and
metallurgical studies.
All diamond core is logged for lithology, veining, alteration, mineralisation and
structural. Structural measurements of specific features are also taken through
oriented zones.
Logging is entered in AcQuire using a series of drop-down menus which contain
the appropriate codes for description of the rock.
Whether logging is qualitative or quantitative in
nature. Core (or costean, channel, etc.)
photography.
All core logging is qualitative with mineralised zones assayed for quantitative
measurements. Every core tray is photographed wet. All underground faces are
logged and sampled to provide both qualitative and quantitative data. All faces
are washed down and photographed before sampling is completed.
The total length and percentage of the relevant
intersections logged.
For all drillholes, the entire length of the hole was logged.
Sub-
sampling
techniques
and
sample
preparation
If core, whether cut or sawn and whether
quarter, half or all core taken.
DD drill core was nominated for either half core or full core sampling. Core
designated for half core was cut in half using an automated core saw. The mass
of material collected will depend on the drill hole diameter and sampling interval
selected. Core designated for full core was broken with a rock hammer if sample
segments were too large to fit into sample bags.
If non-core, whether riffled, tube sampled,
rotary split, etc. and whether sampled wet or
dry.
For previous RC drilling, all RC samples are split using a rig-mounted cone
splitter to collect a sample 3-4kg in size from each 1m interval. These samples
were utilised for any zones approaching known mineralization and from any
areas identified as having anomalous gold. Outside known mineralised zones
spear samples were taken over a 4m interval for composite sampling.
For all sample types, the nature, quality and
appropriateness of the sample preparation
technique.
Preparation of samples was conducted at Bureau Veritas Kalgoorlie and Perth
preparation facilities, while surface exploration drilling was sent to Genalysis.
Sample preparation commenced with sorting, checking, and drying at less than
110°C to prevent sulphide breakdown. Samples are jaw crushed to a nominal -
6mm particle size. If the sample is greater than 3kg, a Boyd crusher with rotary
splitter is used to reduce the sample size to less than 3kg (typically 1.5kg) at a
nominal <3mm particle size.
The entire crushed sample (if less than 3kg) or sub-sample is then pulverised to
90% passing 75µm, using a Labtechnics LM5 bowl pulveriser. 400g Pulp
subsamples are then taken with an aluminium scoop and stored in labelled pulp
packets.
The sample preparation is considered appropriate for the deposit.
Quality control procedures adopted for all sub-
sampling stages to maximise representivity of
samples.
Procedures are utilised to guide the selection of sample material in the field.
Standard procedures are used for all processes within the laboratory. Grind
checks are performed at the pulverising stage requiring at least 90% of material
to pass below 75µm.
Measures taken to ensure that the sampling is
representative of the in-situ material collected,
including for instance results for field duplicate
/ second-half sampling.
Umpire sampling selection is conducted on all the Kundana core samples as an
entire batch. A minimum of 3% of the samples processed each month are
selected to be sent to the ALS Perth check lab.
Whether sample sizes are appropriate to the
grain size of the material being sampled.
The sample sizes are considered appropriate for the material been sampled.

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Criteria JORC Code explanation Commentary
Quality of
assay data
and
laboratory
tests
The nature, quality and appropriateness of the
assaying and laboratory procedures used and
whether the technique is considered partial or
total.
A 40g fire assay charge is used with a lead flux in the furnace. The prill is totally
digested by HCl and HNO3acids before Atomic Absorption Spectroscopy (AAS)
determination for gold analysis.
For geophysical tools, spectrometers,
handheld XRF instruments, etc., the
parameters used in determining the analysis
including instrument make and model, reading
times, calibrations factors applied and their
derivation, etc.
No geophysical tools were used to determine any element concentrations.
Nature of quality control procedures adopted
(e.g., standards, blanks, duplicates, external
laboratory checks) and whether acceptable
levels of accuracy (i.e., lack of bias) and
precision have been established.
Certified reference materials (CRMs) are inserted into the sample sequence at a
rate of 1 per 20 samples to ensure correct calibration. Any values outside of 3
standard deviations are re-assayed with a new CRM.
Blanks are inserted into the sample sequence at a nominal rate of 1 per 20
samples. The insertion points are selected at random, except where high grade
mineralisation is expected. In these cases, a blank is inserted after the high-
grade sample to test for contamination. Results greater than 0.2gpt are
investigated, and re-assayed if appropriate. New pulps are prepared if
anomalous results cannot be resolved.
Barren flushes are regularly inserted after anticipated high gold grades at the
pulverising stage.
No field duplicates were submitted for diamond core.
Pulp duplicates are requested after any ore zone. These are indicated on the
sample sheet and submission sheet.
When visible gold is observed in core, a quartz flush is requested after the
sample.
Laboratory performance was monitored using the results from the QA samples
mentioned above. This was supplemented by the internal QA samples used by
the laboratories, which included pulp duplicates and CRMs.
The QA studies indicate that accuracy and precision are within industry
accepted limits.
Verification
of
sampling
and
assaying
The verification of significant intersections by
either independent or alternative company
personnel.
All significant intersections are verified by another Northern Star senior geologist
during the drill hole validation process and later by a Competent Person to be
signed off.
The use of twinned holes. No twinned holes were drilled for this data set. Re-drilling of some of the
drillholes has occurred due to issues downhole (e.g., bogged rods). These have
been captured in the database as an ‘A’. Re-drilled holes are sampled whilst the
original drillhole is logged but not sampled.
Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.
Geological logging and sampling are directly recorded into AcQuire. Assay files
are received in .cvs, .pdf and .sif formats. The .cvs’s are loaded directly into
the database using an AcQuire importer object. Assays are then processed
through a form in AcQuire for QAQC checks. Non-editable electronic copies of
these are stored.
Discuss any adjustment to assay data. No adjustments are made to this assay data. If there are issues with the results
files received, amended versions are requested from the lab.

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Criteria JORC Code explanation Commentary
Location of
data points
Accuracy and quality of surveys used to locate
drill holes (collar and down-hole surveys),
trenches, mine workings and other locations
used in Mineral Resource estimation.
Planned holes are marked up by the mine survey department using a total
station survey instrument in mine grid (Kundana 10). The actual hole position is
then located by the mine survey department once drilling is completed.
During drilling, single shot surveys are conducted every 30m to track the
deviation of the hole and to ensure it stays close to design. This is performed
using the DeviShot camera which measures the gravitational dip and magnetic
azimuth. Results are uploaded from the DeviShot software into a .cvs format
which is then imported into the AcQuire database. At the completion of the hole,
a Multishot DeviFlex survey is completed taking measurements every 3m to
ensure accuracy of the hole. The is relative change survey which is then
referenced back to the Azimuth aligner to provide an accurate, continuous
nonmagnetic survey. This is also converted to
.cvs format and imported into the
AcQuire database.
Specification of the grid system used. Collar coordinates are recorded in mine grid (Kundana 10) and transformed into
MGA94_51.
Quality and adequacy of topographic control. Quality topographic control has been achieved through Lidar data and survey
pickups of holes over the last 15 years.
Data
spacing
and
distribution
Data spacing for reporting of Exploration
Results.
Drill hole spacing varies across the deposit. For resource targeting drilling,
spacing was typically a minimum of 80m x 80m. This allowed for Resource
Definition infill drilling at 40m x 40m spacing. Grade control drilling is drilled on a
drill spacing of 20m x 20m or 10m x 10m.
Whether the data spacing and distribution is
sufficient to establish the degree of geological
and grade continuity appropriate for the
Mineral Resource and Ore Reserve estimation
procedure(s) and classifications applied.
The data spacing and distribution is considered sufficient to support the
Resource estimates.
Whether sample compositing has been
applied.
No sample compositing has been applied.
Orientation
of data in
relation to
geological
structure
Whether the orientation of sampling achieves
unbiased sampling of possible structures and
the extent to which this is known, considering
the deposit type.
Majority of the mineralisation in the Kundana area dips steeply (80°) to the
WSW. Diamond drilling is designed to target the orebodies perpendicular to this
orientation to allow for an ideal intersection angle. Instances where this was not
achievable (mostly due to drill platform location), drilling was not completed or
re-designed once a suitable platform became available.
Drill holes with low intersection angles are excluded from resource estimation
where more suitable data is available.
If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to have
introduced a sampling bias, this should be
assessed and reported if material.
No sampling bias is considered to have been introduced by the drilling
orientation. Where drillholes have been particularly oblique, they have been
flagged as unsuitable for resource estimation.
Sample
security
The measures taken to ensure sample
security.
Prior to laboratory submission, samples are stored by Northern Star Resources
in a secure yard. Once submitted to the laboratories they are stored in a secure
fenced compound, tracked through their chain of custody and via audit trails.
Audits or
reviews
The results of any audits or reviews of
sampling techniques and data.
No audits have been undertaken of the data and sampling practices at this
stage.

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Section 2: Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
tenement and
land tenure
status
Type, reference name/number, location and
ownership including agreements or material
issues with third parties such as joint
ventures, partnerships, overriding royalties,
native title interests, historical sites,
wilderness or national park and
environmental settings.
All holes mentioned in this report are located within the M16/72 tenement,
which are owned by Kundana Gold Pty Ltd a wholly owned subsidiary of
Northern Star Resources. There are no private royalty agreements applicable
to this tenement.
The security of the tenure held at the time of
reporting along with any known impediments
to obtaining a licence to operate in the area.
No known impediments exist, and the tenements are in good standing.
Exploration
done by other
parties
Acknowledgment and appraisal of exploration
by other parties.
Early exploration was completed in the mid-1980s by White Flag Joint Venture
with the development and operation of South Pit. Modern mining continued
since late 1988 through to 1999 when the Centenary Underground ceased
operations.
Exploration continued over the camp through various companies including
Placer Dome and Barrick Gold.
Early 2014 saw Northern Star Resources purchase the Kundana camp from
Barrick Gold and mining recommenced in March 2014. Arctic was discovered
in 1987 and commenced open pit mining in 1991.
Geology Deposit type, geological setting and style of
mineralisation.
The Kundana camp is situated within the Norseman-Wiluna Greenstone Belt,
in an area dominated by the Zuleika shear zone, which separates the
Coolgardie domain from the Ora Banda domain.
K2-style mineralisation consists of narrow vein deposits hosted by shear zones
located along steeply dipping overturned lithological contacts. The K2 structure
is present along the contact between a black shale unit (Centenary Shale) and
intermediate volcaniclastics (Black Flag Group).
Drill hole
Information
A summary of all information material to the
understanding of the exploration results
including a tabulation of the following
information for all Material drill holes:
easting and northing of the drill hole
collar
elevation or RL (Reduced Level –
elevation above sea level in metres) of
the drill hole collar
dip and azimuth of the hole
down hole length and interception depth
hole length.
A summary of the data present in the Arctic deposits can be found above.
The collar locations are presented in plots contained in the NSR 2021 resource
report.
Drillholes vary in survey dip from -60 to -90, with hole depths ranging from 15m
to 750m. The assay data acquired from these holes are described in the NSR
2021 resource report.
All validated drill hole data were used directly or indirectly for the preparation of
the resource estimates described in the resource report.
If the exclusion of this information is justified
on the basis that the information is not
Material and this exclusion does not detract
from the understanding of the report, the
Competent Person should clearly explain why
this is the case.
The exclusion of drill hole information is not material and does not detract from
the understanding of the report.
Data
aggregation
methods
In reporting Exploration Results, weighting
averaging techniques, maximum and/or
minimum grade truncations (e.g., cutting of
high grades) and cut-off grades are usually
Material and should be stated.
All reported assay results have been length weighted to provide an intersection
width. A maximum of 2m of barren material (considered < 1gpt) between
mineralised samples has been permitted in the calculation of these widths.
Typically grades over 2.0gpt are considered significant, however, where low

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Criteria JORC Code explanation Commentary
grades are intersected in areas of known mineralisation these will be reported.
No top-cutting is applied when reporting intersection results.
Where aggregate intercepts incorporate short
lengths of high grade results and longer
lengths of low grade results, the procedure
used for such aggregation should be stated
and some typical examples of such
aggregations should be shown in detail.
Where an intersection incorporates short lengths of high grade results these
intersections will be reported in addition to the aggregate value. These will
typically take the form of ##.#m @ ##.#gpt including ##.#m @ ##.#gpt.
The assumptions used for any reporting of
metal equivalent values should be clearly
stated.
No metal equivalent values have been used.
Relationship
between
mineralisation
widths and
intercept
lengths
These relationships are particularly important
in the reporting of Exploration Results:
True widths have been calculated for intersections of the known ore zones
based on existing knowledge of the nature of these structures.
If the geometry of the mineralisation with
respect to the drill hole angle is known, its
nature should be reported.
Both the downhole width and true width have been clearly specified when
used.
If it is not known and only the down hole
lengths are reported, there should be a clear
statement to this effect (e.g., ‘down hole
length, true width not known’).
Both down the hole and estimated true widths have been reported.
Diagrams Appropriate maps and sections (with scales)
and tabulations of intercepts should be
included for any significant discovery being
reported These should include, but not be
limited to a plan view of drill hole collar
locations and appropriate sectional views.
Appropriate plans and section have been included at the end of this Table.
Balanced
reporting
Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and high
grades and/or widths should be practiced to
avoid misleading reporting of Exploration
Results.
Both high and low grades have been reported accurately, clearly identified with
the drill hole attributes and ‘From’ and ‘To’ depths.
Other
substantive
exploration
data
Other exploration data, if meaningful and
material, should be reported including (but
not limited to): geological observations;
geophysical survey results; geochemical
survey results; bulk samples – size and
method of treatment; metallurgical test
results; bulk density, groundwater,
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.
No other material exploration data has been collected for this area.
Further work The nature and scale of planned further work
(e.g., tests for lateral extensions or depth
extensions or large-scale step-out drilling).
Drilling will continue in various parts of the mine with the intention of extending
areas of known mineralisation. Areas of focus will be to extend the K2 structure
both down dip and along strike to the north. Drilling will also focus on infilling
areas of the resource to improve confidence.
Diagrams clearly highlighting the areas of
possible extensions, including the main
geological interpretations and future drilling
Appropriate diagrams accompany this release.

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Criteria JORC Code explanation Commentary
areas, provided this information is not
commercially sensitive.
Section 3: Estimation and Reporting of Mineral Resources
(Criteria listed in section 1, and where relevant in section 2, also apply to this section.)
Criteria JORC Code explanation Commentary
Database
integrity
Measures taken to ensure that data has not
been corrupted by, for example, transcription
or keying errors, between its initial collection
and its use for Mineral Resource estimation
purposes.
Sampling and logging data is either recorded on paper and manually entered
into the database system or captured digitally via a logging laptop and directly
loaded into the database system. There are checks in place to avoid duplicate
holes and sample numbers. Where possible, raw data is loaded directly into
the database from laboratory and survey derived files.
Data validation procedures used. The complete exported data base including drill and grade control samples is
brought into Datamine and checked visually for any apparent errors i.e., holes
sitting between levels or not on surface DTM’s. Multiple checks are then made
on numerical data. This includes:

Empty table checks to ensure all relevant fields are populated

Unique collar location check,

Distances between consecutive surveys is no more than 60m for drill-
holes

Differences in azimuth and dip between consecutive surveys of no more
than 0.3 degrees

The end of hole extrapolation from the last surveyed shot is no more than
30m
Errors are corrected where possible. When not possible the data is resource
flagged as “No” in the database and the database is re-exported. This data is
not used in the estimation process.
Several drilling programs completed between 2014 and 2017 had erroneous
metre depths recorded, these drill-holes have been omitted from the ore
wireframe interpretations and flagged as invalid. Where there were no QAQC
issue with the assays, the correct intervals were recorded, the translation to
the ‘correct’ location (based on development above and below) applied and
these intervals were appended to the data set before compositing.
In addition to being Resource Flagged as “Yes” or “No”, drill holes are
assigned a Data Class which provides a secondary level of confidence in the
data quality. Data Class (DC) values range from 0 to 3, with criteria
summarised below:

DC 3 = Recent data; all data high quality, validated and all original data
available.

DC 2 = Historic data; may or may not have all data in AcQuire or hard
copy available but has proximity to recent drilling which confirms the
dip, width, and tenor. Used to assist in classification.

DC 1 = Historic data; same criteria as DC 2 but cannot be verified with
recent drilling, i.e., too far away, or dissimilar dip, width and/or tenor
to recent drilling. Not used in Resource estimate.

DC 0 = Historic data; no original information or new drilling in proximity to
verify. Not used in Resource estimate.
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
The geological interpretations underpinning these resource models were
prepared by geologists working in the mine and in direct, daily contact with the
ore body. The estimation of grades was undertaken by personnel familiar with
the ore body and the general style of mineralisation encountered. The Senior
Resource Geologist, a Competent Person for reviewing and signing off on
estimations of the Arctic/ Millennium/Centenary lodes maintained a site
presence throughout the process.

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Criteria JORC Code explanation Commentary
If no site visits have been undertaken
indicate why this is the case.
The Competent Person has maintained a presence onsite.
Geological
interpretation
Confidence in (or conversely, the uncertainty
of) the geological interpretation of the mineral
deposit.
The interpretation of the Arctic deposit was carried out using a systematic
approach to ensure continuity of the geology and estimated mineral resource.
The confidence in the geological interpretation is high and is supported with
information acquired during ore development as well as from drilling. The
interpretation of all the Arctic mineralisation wireframes was conducted using
the sectional interpretation method. Where development levels were present
sectional interpretation was completed in plan-view at approximately 5m
spacing to allow for a better constrained and geologically realistic wireframe.
Where only drilling data was present, sectional interpretation was completed at
approximately 10 - 20m spacing. Wireframes were checked for unrealistic
volumes and updated where appropriate.
Nature of the data used and of any
assumptions made.
All available geological data was used in the interpretation including mapping,
drill holes, pit grade control data and structural models.
The effect, if any, of alternative
interpretations on Mineral Resource
estimation.
No other interpretations have been tested.
The use of geology in guiding and controlling
Mineral Resource estimation.
The interpretation of the main Arctic structures is based on the presence of
quartz veining/shearing and continuity between sections of these structures
and adjacent mineralised structures.
The factors affecting continuity both of grade
and geology.
Within the Main Vein (K2) structure at Arctic, grade continuity is affected when
the percentage of quartz decreases and only a sheared structure remains.
This results in lower grade in areas where only the shear is present and higher
grade where quartz is evident. In the presence of cross-cutting features, the
shear increases in width and the mineralisation is present as stockwork veins
within the shear. Overall metal content is broadly preserved but is diluted over
a greater width.
Significant dextral offsetting fault structures affect the continuity of the K2 and
K2A structures at Arctic. These faults are interpreted to be post mineralisation
and offset the ore between 1 and 20m.
The dilation and silicification of shale in the hanging-wall halo zone of the K2
structure controls grade immediately adjacent to the K2.
Dimensions The extent and variability of the Mineral
Resource expressed as length (along strike
or otherwise), plan width, and depth below
surface to the upper and lower limits of the
Mineral Resource.
The strike length of the Arctic K2 structure is approximately 550m. The
individual ore bodies occur in a major regional Zuleika shear system extending
over tens of kilometres.
Arctic K2 structure is 1.2m wide on average and can be up to 4.0 wide., while
Arctic K2A averages 0.6m wide and can be up to 1.5m wide. Both have a
minimum width of ~ 0.1m.
Mineralisation is known to occur from the base of cover to around 400m below
surface.
Estimation
and modelling
techniques
The nature and appropriateness of the
estimation technique(s) applied and key
assumptions, including treatment of extreme
grade values, domaining, interpolation
parameters and maximum distance of
extrapolation from data points. If a computer
assisted estimation method was chosen
include a description of computer software
and parameters used.
The Arctic K2 and K2A used 1m composites with direct grade estimation
unless stated otherwise.
K2(Arctic) - divided into two grade subdomains based on data density: high
density around the existing open pit development and lower density at depth.
Each subdomain was analysed separately for top cuts. Variography was
completed on both subdomains combined. Both subdomains have a search
range of ~80m in direction 1 and 50m in direction 2. Three passes were used

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Criteria JORC Code explanation Commentary
for estimation with distances for pass 1 generally 66% of the variogram range
(although also driven by the underlying understanding of the local Geology).
K2A- divided into two grade subdomains based on data density: high density
around the existing open pit development and lower density at depth. Each
subdomain was analysed separately for top cuts. Variography was completed
on both subdomains combined. Both subdomains have a search range of
~80m in direction 1 and 50m in direction 2. Three passes were used for
estimation with distances for pass 1 generally 66% of the variogram range
(although also driven by the underlying understanding of the local Geology).
The availability of check estimates, previous
estimates and/or mine production records
and whether the Mineral Resource Estimate
takes appropriate account of such data.
An Inverse Distance Squared and Nearest Neighbour estimate is run for
comparison.
The assumptions made regarding recovery
of by-products.
No assumptions are made and only gold is defined for estimation.
Estimation of deleterious elements or other
non-grade variables of economic significance
(e.g., sulphur for acid mine drainage
characterisation).
No deleterious elements estimated in the model.
In the case of block model interpolation, the
block size in relation to the average sample
spacing and the search employed.
Block sizes varied depending on sample density. In areas of high density (20m
x 20m spacing) sampling, a 5m x 5m x 5m block size was chosen. Lower data
density is defined as drill spacing at approximately 30m - 40m, with a 10m x
10m x 10m block size chosen for these areas.
All the varying block sizes are added together after being estimated
individually.
Search ellipse dimensions were derived from the variogram model ranges.
Any assumptions behind modelling of
selective mining units.
Selective mining units were not used during the estimation process.
Any assumptions about correlation between
variables.
No assumptions have been made.
Description of how the geological
interpretation was used to control the
resource estimates.
Hanging wall and foot wall wire frame surfaces were created using sectional
interpretation. These were used to define the Arctic K2, K2A, K2B and hanging
wall and footwall halo mineralised zones based on the shearing, veins, and
gold grade.
K2, K2A, K2B - steeply dipping structure with quartz veining evident from
drilling and development.
Footwall/Hanging wall halo - Steeply dipping sheared structure with minor
quartz stringers in the hanging-wall and footwall of the K2 evident from drilling
and pit mapping.
Aurora - flat dipping structure (Pode orientation) with quartz veining evident
from drilling.
For estimation purposes, a waste model is created by projecting the hanging
wall and footwall surfaces 15m either side. A default grade of 0.1gpt is

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Criteria JORC Code explanation Commentary
assigned and the same resource classification as the adjacent ore lode is
applied.
Discussion of basis for using or not using
grade cutting or capping.
Top cuts were applied to the composited sample data. Top cuts were selected
based on a statistical analysis of the data and vary by domain (ranging from
20gpt to 50gpt for individual domains and deposits)
The top cut values are applied in several steps, using influence limitation top
cutting. A top cut (AU) and non-top cut (_NC) variable is created, as well as a
spatial variable (
_IL) which only has values where the top cut values appear;
this applies to both gold and true thickness (TT) top cutting (where indirect
estimation is used). For example, where true thickness and gold both require a
top cut, the following variables will be created and estimated:

AU (top cut gold)

AU_NC (non- top-cut gold)
The top-cut and non-top cut values are estimated using search ranges based
on the variogram, and the _IL values estimated using very small ranges (e.g.,
5m x 5m x 5m). Where the
_IL values produce estimated blocks within these
restricted ranges, the *_NC estimated values replace the original top cut
estimated values (AU).
The process of validation, the checking
process used, the comparison of model data
to drill hole data, and use of reconciliation
data if available.
Statistical measures of Kriging error, such as Kriging Efficiency and Slope of
Regression, are used to assess the quality of the estimation for each domain.
Differences between the declustered, top-cut composite data set and the
average model grade must be within 10%.
Swath plots comparing declustered, top-cut composites to block model grades
are prepared and plots are prepared summarising the critical model
parameters.
Visually, block grades are assessed against drill hole and face data.
Moisture Whether the tonnages are estimated on a dry
basis or with natural moisture, and the
method of determination of the moisture
content.
Tonnages are estimated on a dry basis.
Cut-off
parameters
The basis of the adopted cut-off grade(s) or
quality parameters applied.
The Mineral Resource Estimate has been reported at a 1.64gpt cut off within
2.5m minimum mining width (excluding dilution) MSOs using a $A2,250/oz
gold price.
Mining factors
or
assumptions
Assumptions made regarding possible
mining methods, minimum mining
dimensions and internal (or, if applicable,
external) mining dilution. It is always
necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential mining methods, but the
assumptions made regarding mining
methods and parameters when estimating
Mineral Resources may not always be
rigorous. Where this is the case, this should
be reported with an explanation of the basis
of the mining assumptions made.
No mining assumptions have been made during the resource wireframing or
estimation process.
Metallurgical
factors or
assumptions
The basis for assumptions or predictions
regarding metallurgical amenability. It is
always necessary as part of the process of
determining reasonable prospects for
eventualeconomic extractionto consider
All metallurgy assumptions are based on extensive operating history for the K2
ore materials through the Kanowna Belle and HBJ processing facilities.

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Criteria JORC Code explanation Commentary
potential metallurgical methods, but the
assumptions regarding metallurgical
treatment processes and parameters made
when reporting Mineral Resources may not
always be rigorous. Where this is the case,
this should be reported with an explanation
of the basis of the metallurgical assumptions
made.
Environmental
factors or
assumptions
Assumptions made regarding possible waste
and process residue disposal options. It is
always necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider the
potential environmental impacts of the mining
and processing operation. While at this stage
the determination of potential environmental
impacts, particularly for a green fields
project, may not always be well advanced,
the status of early consideration of these
potential environmental impacts should be
reported. Where these aspects have not
been considered this should be reported with
an explanation of the environmental
assumptions made.
A “Licence to Operate” is held by the operation which is issued under the
requirement of the “Environmental Protection Act 1986”, administered by the
Department of Environment (DoE). The licence stipulates environmental
conditions for the control of air quality, solid waste management, water quality,
and general conditions for operation. Groundwater Licences are held for water
abstraction, including production bore field water use for mineral processing,
and mine dewatering, in accordance with the Rights in Water and Irrigation Act
1914. These Licences are also regulated by DoE and are renewable on a
regular basis. Kanowna Operations conduct extensive environmental
monitoring and management programs to ensure compliance with the
requirements of the licences and lease conditions. An Environmental
Management System is in place to ensure that Northern Star employees and
contractors meet or exceed environmental compliance requirements.
The Kalgoorlie operations are fully permitted including groundwater extraction
and dewatering, removal of vegetation, mineral processing, and open pits.
Kalgoorlie Operations have been compliant with the International Cyanide
Management Code since 2008.
Compliance with air quality permits is particularly important at Kanowna
because of the roaster operation and because there are three facilities in the
Kalgoorlie region emitting SO2gas. Kanowna has a management program in
place to minimize the impact of SO2on regional air quality and ensure
compliance with regulatory limits.
Bulk density Whether assumed or determined. If
assumed, the basis for the assumptions. If
determined, the method used, whether wet
or dry, the frequency of the measurements,
the nature, size and representativeness of
the samples.
A thorough investigation into average density values for the various lithological
units at Arctic was completed and the mean densities by lithology were coded
into the database. Where there were no measurements for a specific lithology,
a default of 2.8 t/m3was applied. Density was then estimated by Ordinary
Kriging using the associated gold estimation parameters for that domain. Post
estimation, default density values for the oxide and transitional zones were
applied, based on regional averages.
The bulk density for bulk material must have
been measured by methods that adequately
account for void spaces (vugs, porosity, etc.),
moisture and differences between rock and
alteration zones within the deposit.
No/minimal voids are encountered in the ore zones and underground
environment.
Discuss assumptions for bulk density
estimates used in the evaluation process of
the different materials.
Assumptions on the average bulk density of individual lithologies, based on
bulk density measurements at Millennium/Centenary. Assumptions were also
made based on regional averages, on the default densities applied to oxide
(1.9 t/m3) and transitional (2.3 t/m3) material. Back-fill material in the Arctic
open pit has been coded to 2.1 t/m³.
Classification The basis for the classification of the Mineral
Resources into varying confidence
categories.
Classification is based on a series of factors including:

Geologic grade continuity

Density of available drilling

Statistical evaluation of the quality of the kriging estimate

Confidence in historical data

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Criteria JORC Code explanation Commentary
Whether appropriate account has been taken
of all relevant factors (i.e., relative confidence
in tonnage/grade estimations, reliability of
input data, confidence in continuity of
geology and metal values, quality, quantity
and distribution of the data).
All relevant factors have been given due weighting during the classification
process.
Whether the result appropriately reflects the
Competent Person’s view of the deposit.
The resource model methodology is appropriate and reflects the Competent
Persons view of the deposit.
Audits or
reviews
The results of any audits or reviews of
Mineral Resource Estimates.
All resource models have been subjected to internal peer reviews.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the relative
accuracy and confidence level in the Mineral
Resource Estimate using an approach or
procedure deemed appropriate by the
Competent Person. For example, the
application of statistical or geostatistical
procedures to quantify the relative accuracy
of the resource within stated confidence
limits, or, if such an approach is not deemed
appropriate, a qualitative discussion of the
factors that could affect the relative accuracy
and confidence of the estimate.
These Mineral Resource Estimates are considered robust and representative
of the Arctic style of mineralisation. The application of geostatistical methods
has helped to increase the confidence of the model and quantify the relative
accuracy of the resource.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and economic
evaluation. Documentation should include
assumptions made and the procedures used.
This resource report relates to the Arctic deposit. It is a global estimate
reflecting the total average tonnes and grade.
These statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
No reconciliation factors are applied to the resource post-modelling.

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Arctic

Long section view of the Arctic K2deposit and the data used in each resource estimate.

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Long section view of the Arctic K2A deposit and the data used in the resource estimate.

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EKJV: JORC Code, 2012 Edition – Table 1 Report

Falcon: Resources and Reserves – 31 March 2021

Section 1: Sampling Techniques and Data

Criteria JORC Code explanation Commentary
Sampling
techniques
Nature and quality of sampling (e.g., cut
channels, random chips, or specific
specialised industry standard measurement
tools appropriate to the minerals under
investigation, such as down hole gamma
sondes, or handheld XRF instruments, etc.).
These examples should not be taken as
limiting the broad meaning of sampling.
A combination of underground and surface diamond drilling (DD), surface
reverse circulation drilling (RC) and surface RC drilling with diamond tail
(RC_DD) were used to collect material for analysis.
Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any measurement
tools or systems used.
DD drilling is sampled within geological boundaries with a minimum (0.3m) and
maximum (1.0m) sample length.
Aspects of the determination of mineralisation
that are Material to the Public Report. In
cases where ‘industry standard’ work has
been done this would be relatively simple
(e.g., ‘reverse circulation drilling was used to
obtain 1m samples from which 3kg was
pulverised to produce a 30g charge for fire
assay’). In other cases, more explanation
may be required, such as where there is
coarse gold that has inherent sampling
problems. Unusual commodities or
mineralisation types (e.g., submarine
nodules) may warrant disclosure of detailed
information.
DD drill core was nominated for either half core or full core sampling. Samples
designated for half core were cut using an automated core saw. The mass of
material collected was dependent on the drill hole diameter and sampling
interval selected.
A sample size of at least 3kg of material was targeted for each face sample
interval.
All samples were delivered to a commercial laboratory where they were dried
and crushed to 90% of material ≤3mm. At this point, samples greater than 3kg
were split using a rotary splitter, then pulverised to 90% ≤75µm. A 40g charge
was selected for fire assay of diamond drill hole samples.
Drilling
techniques
Drill type (e.g., core, reverse circulation,
open-hole hammer, rotary air blast, auger,
Bangka, sonic, etc.) and details (e.g., core
diameter, triple or standard tube, depth of
diamond tails, face-sampling bit or other type,
whether core is oriented and if so, by what
method, etc.).
Surface diamond drill holes were completed using HQ2 (63.5mm) whilst
underground diamond drill holes used NQ2 (50.5mm).
Historically, core was orientated using the Reflex ACT Core orientation system.
Currently, core is orientated using the Boart Longyear Trucore Core Orientation
system.
In one case, an RC pre-collar has been drilled, followed by a diamond tail.
Drill sample
recovery
Method of recording and assessing core and
chip sample recoveries and results assessed.
For DD drilling, any core loss is recorded on the core block by the driller. This is
then captured by the logging geologist and entered as an interval into the hole
log.
Measures taken to maximise sample
recovery and ensure representative nature of
the samples.
Contractors adjust the rate and method off drilling if recovery issues arise. All
recovery is recorded by the drillers on core blocks. This is checked and
compared to the measurements of the core by the geological team. Any issues
are communicated back to the drilling contractor.
Whether a relationship exists between
sample recovery and grade and whether
sample bias may have occurred due to
preferential loss/gain of fine/coarse material.
Recovery was excellent for diamond core and no relationship between grade
and recovery was observed. Average recovery across the Kundana camp is at
99%. No specific areas within the Falcon model area had issues with recovery.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Logging Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate Mineral
Resource estimation, mining studies and
metallurgical studies.
All diamond core is logged for lithology, veining, alteration, mineralisation, and
structural data. Structural measurements of specific features are also taken
through oriented zones.
Logging is entered in AcQuire using a series of drop-down menus which
contain the appropriate codes for description of the rock.
Whether logging is qualitative or quantitative
in nature. Core (or costean, channel, etc.)
photography.
All core logging is qualitative with mineralised zones assayed for quantitative
measurements. Every core tray is photographed wet.
The total length and percentage of the
relevant intersections logged.
For all drill holes, the entire length of the hole is logged.
Sub-
sampling
techniques
and sample
preparation
If core, whether cut or sawn and whether
quarter, half or all core taken.
The regolith in all drill holes was sampled as full core. Fresh rock was sampled
as either full core or half core. Core cutting was completed using an automated
core saw. Where drill core has been half core sampled, the remaining core has
been retained.
If non-core, whether riffled, tube sampled,
rotary split, etc. and whether sampled wet or
dry.
No RC samples have been used to inform the Falcon Resource model.
For all sample types, the nature, quality and
appropriateness of the sample preparation
technique.
Preparation of NSR samples was conducted at Bureau Veritas’ Kalgoorlie or
Perth facilities; commencing with sorting, then checking and drying samples at
less than 110°C to prevent sulphide breakdown. Samples are jaw crushed to a
nominal -6mm particle size. If the sample is greater than 3kg, a Boyd crusher
with rotary splitter is used to reduce the sample size to less than 3kg (typically
1.5kg) at a nominal <3mm particle size.
The entire crushed sample (if less than 3kg) or sub-sample is then pulverised
to 90% ≤75µm, using a Labtechnics LM5 bowl pulveriser. 400g pulp
subsamples are then taken with an aluminium scoop and stored in labelled
pulp packets.
The sample preparation is considered appropriate for the deposit.
Quality control procedures adopted for all
sub-sampling stages to maximise
representivity of samples.
Standard procedures are used for all processes within the laboratory. Grind
checks are performed at both the crushing stage (3mm) and pulverising stage
(75µm), requiring 90% of material to pass through the relevant size.
Measures taken to ensure that the sampling
is representative of the in-situ material
collected, including for instance results for
field duplicate / second-half sampling.
Umpire sampling is performed monthly where 3% of the samples are sent to
the umpire laboratory for processing.
Whether sample sizes are appropriate to the
grain size of the material being sampled.
The sample sizes are considered appropriate for the material being sampled.
Quality of
assay data
and
laboratory
tests
The nature, quality and appropriateness of
the assaying and laboratory procedures used
and whether the technique is considered
partial or total.
A 40g fire assay charge for diamond drill holes is used with a lead flux in the
furnace. The prill is totally digested by HCl and HNO3acids before Atomic
Absorption Spectroscopy (AAS) determination for gold analysis. For areas
around the target zone and of prospective high-grade mineralisation, a fire
assay to extinction method may be used. For the assay to extinction, a total of
five 40g charges go through the above fire assay process. The average of
these five charges is then taken and used as the primary assay value. These
extent and selection of which zones are fire assayed to extinction is decided
upon by the logging geologist at the sample selection stage.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
For geophysical tools, spectrometers,
handheld XRF instruments, etc., the
parameters used in determining the analysis
including instrument make and model,
reading times, calibrations factors applied
and their derivation, etc.
No geophysical tools were used to determine any element concentrations.
Nature of quality control procedures adopted
(e.g., standards, blanks, duplicates, external
laboratory checks) and whether acceptable
levels of accuracy (i.e., lack of bias) and
precision have been established.
Certified reference materials (CRMs) are inserted into the sample sequence at
a rate of 1 per 20 samples to ensure correct calibration. Any values outside of
three standard deviations are re-assayed with a new CRM.
Blanks are inserted into the sample sequence at a rate of 1 per 20 samples.
The insertion points are selected at random, except where high grade
mineralisation is expected. In these cases, a blank is inserted after the high-
grade sample to test for contamination. Results greater than 0.2gpt if received
are investigated, and re-assayed if appropriate. New pulps are prepared if
anomalous results cannot be resolved.
Barren flushes are regularly inserted after anticipated high gold grades at the
pulverising stage.
No field duplicates were submitted for diamond core.
Pulp duplicates are requested after any ore zone. These are indicated on the
sample sheet and the submission sheet.
When visible gold is observed in core, a quartz flush is requested after the
sample.
Laboratory performance was monitored using the results from the QA samples
mentioned above. This was supplemented by the internal QA samples used by
the laboratories, which included pulp duplicates and CRMs.
The QA studies indicate that accuracy and precision are within industry
accepted limits.
Verification
of sampling
and
assaying
The verification of significant intersections by
either independent or alternative company
personnel.
All significant intersections are verified by a Northern Star geologist during the
drill hole validation process, and later by a Competent Person to be signed off.
The use of twinned holes. No twinned holes were drilled into the Falcon deposit. Re-drilling of some drill
holes has occurred due to issues downhole (e.g., bogged rods). These have
been captured in the database with an ‘A’ suffix. Re-drilled holes are sampled,
whilst the original drill hole is logged, but not sampled.
Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.
Geological logging and sampling are directly recorded into AcQuire. Assay files
are received in *.cvs format and loaded directly into the database using an
AcQuire importer object. Assays are then processed through a form in AcQuire
for QAQC checks. Hardcopy and non-editable electronic copies of these are
stored.
Discuss any adjustment to assay data. No adjustments have been made to the assay data.
Location of
data points
Accuracy and quality of surveys used to
locate drill holes (collar and down-hole
surveys), trenches, mine workings and other
locations used in Mineral Resource
estimation.
Planned holes are marked up by the mine survey department using a total
station survey instrument in mine grid (Kundana 10). The actual hole position is
then located by the mine survey department once drilling is completed.
Holes are lined up on the collar point using the DHS Minnovare Azimuth
Aligner. Planned azimuths and dips of the holes are downloaded to the aligner
which is then placed on the rod string to align the hole for drilling.

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Criteria JORC Code explanation Commentary
During drilling, single shot surveys are conducted at the 30m mark to check
azimuth aligner set up and track off collar deviation. The DeviFlex tool is used
at 50m intervals to track the deviation of the hole and to ensure it stays close to
design. This is a relative change tool which measures the change in orientation
along the path of the hole at 3m intervals. The DeviFlex tool is referenced back
to the azimuth aligner measurement to provide a non-magnetic survey in true
North. At the completion of the hole, a final DeviFlex survey is completed taking
measurements for the entire hole. Results are uploaded from the DeviFlex
software into cloud service. This data is then reviewed, downloaded, and
imported into the AcQuire database. The download from the DeviFlex service
utilises an average of all the DeviFlex surveys taken over the entire hole.
These are review and validated and erroneous surveys discarded.
Prior to the overshot mounted DeviFlex tool being available, a combination of
magnetic and DeviFlex single shot surveys were used and 30m intervals whilst
drilling. A final end of hole multi shot DeviFlex survey was taken to provide a
continuous non-magnetic survey of the entire hole trace.
Specification of the grid system used. Collar coordinates are recorded in mine grid (Kundana 10) and transformed
into MGA94_51.
Quality and adequacy of topographic control. Quality topographic control has been achieved through Lidar data and survey
pickups of holes over the last 15 years.
Data
spacing and
distribution
Data spacing for reporting of Exploration
Results.
Drill hole spacing varies across the deposit, with most of the drilling between
120m x 120m and 40m x 40m spacing. Some areas proximal to development
have been drilled at a 20m x 20m drill spacing.
Whether the data spacing, and distribution is
sufficient to establish the degree of geological
and grade continuity appropriate for the
Mineral Resource and Ore Reserve
estimation procedure(s) and classifications
applied.
The data spacing and distribution is considered sufficient to support the current
resource estimate.
Whether sample compositing has been
applied.
No sample compositing has been applied.
Orientation
of data in
relation to
geological
structure
Whether the orientation of sampling achieves
unbiased sampling of possible structures and
the extent to which this is known, considering
the deposit type.
The Falcon deposit is interpreted as a series of NNE-SSW trending structures
that dip moderately (70°) to the west (local grid). Diamond drilling was designed
to target the mineralisation as close to perpendicular as practical. Due to the
collar locations available, much of the drilling was completed from footwall to
hanging wall.
If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to have
introduced a sampling bias, this should be
assessed and reported if material.
No sampling bias is considered to have been introduced by the drilling
orientation.
Sample
security
The measures taken to ensure sample
security.
Prior to laboratory submission, samples are stored by Northern Star Resources
in a secure yard. Once submitted to the laboratories they are stored in a secure
fenced compound, tracked through their chain of custody and via audit trails.
Audits or
reviews
The results of any audits or reviews of
sampling techniques and data.
No independent audits have been undertaken of the data and sampling
practices.

Section 2: Reporting of Exploration Results

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
Mineral
tenement and
land tenure
status
Type, reference name/number, location and
ownership including agreements or material
issues with third parties such as joint
ventures, partnerships, overriding royalties,
native title interests, historical sites,
wilderness or national park and
environmental settings.
All holes are located within the M16/309 and M15/993 Mining leases held by
The East Kundana Joint Venture (EKJV). The EKJV is majority owned and
managed by Northern Star Resources Limited (51%). The minority holding in
the EKJV is held by Tribune Resources Ltd (36.75%) and Rand Mining Ltd
(12.25%).
The tenement on which the Falcon deposit is hosted (M16/309) is subject to
three royalty agreements. The agreements that are on M16/309 are the
Kundana- Hornet Central Royalty, the Lake Grace Royalty and the Kundana
Pope John Agreement No. 2602-13.
The security of the tenure held at the time of
reporting along with any known
impediments to obtaining a licence to
operate in the area.
No known impediments exist, and the tenements are in good standing.
Exploration
done by other
parties
Acknowledgment and appraisal of
exploration by other parties.
The first reference to the mineralisation encountered at the Kundana project
was the Mines Department report on the area produced by Dr. I. Martin
(1987). He reviewed work completed in 1983 – 1984 by a company called
Southern Resources who identified two geochemical anomalies, creatively
named Kundana #1 and Kundana #2. The Kundana #2 prospect was
subdivided into a further two prospects, dubbed K2 and K2A.
Between 1987 and 1997, limited work was completed.
Between 1997 and 2006, the East Kundana Joint Venture (Tern Minerals
(subsequently Rand Mining and Tribune Resources) and Gilt-Edge Mining)
(EKJV) focused on shallow open pit potential. The Rubicon open pit was
considered economic and production commenced in 2002.
In 2011, Pegasus was highlighted by an operational review team and follow-
up drilling commenced in 2012. Following the acquisition of the EKJV by
Northern Star from Barrick in 2014, production commenced in 2015.
Geology Deposit type, geological setting and style of
mineralisation.
The Kundana camp is situated within the Norseman-Wiluna Greenstone Belt,
in an area dominated by the Zuleika shear zone, which separates the
Coolgardie domain from the Ora Banda domain.
The Falcon deposit is interpreted as a series of mineralised splays off low
angle structures that persist through lithological contacts from the K2B
(Victorious Basalt - Bent Tree Basalt contact) across the K2A (Bent Tree
Basalt- upper felsic and volcaniclastic/sedimentary rocks of the Black Flag
Group). The Falcon mineralisation sits in the hangingwall of the regional ‘K2’
structure, west of the Pode deposit. The Pode lodes have been used as a
proxy when interpreting the Falcon structures as similar trends are present,
although continuity does not appear to be as high on the Falcon lodes as that
displayed at Pode.
Falcon mineralisation is comprised of laminated to brecciated to extensional-
style quartz veining internal to a sheared biotite-sericite-ankerite altered
siltstone/sandstone unit and an intermediate volcaniclastic unit. Mineralisation
is present within veins, on vein selvedges, and within the altered host rock,
with coarse gold often observed. There is a strong visual correlation between
arsenopyrite and gold mineralisation. Vein orientation is varied as supported
by structural measurements taken from drill core.
Drill hole
Information
A summary of all information material to the
understanding of the exploration results
including a tabulation of the following
information for all Material drill holes:
easting and northing of the drill hole
collar
A summary of the data present in the Falcon deposit can be found above.
The collar locations are presented in plots contained in the NSR 2021
resource report.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
elevation or RL (Reduced Level –
elevation above sea level in metres) of
the drill hole collar
dip and azimuth of the hole
down hole length and interception
depth
hole length.
Drill holes vary in survey dip from +30 to -72 degrees, with hole depths
ranging from 42m to 951m, with an average depth of 379m. The assay data
acquired from these holes are described in the NSR 2021 resource report.
All validated drill hole data was used directly or indirectly for the preparation
of the resource estimates described in the resource report.
If the exclusion of this information is justified
on the basis that the information is not
Material and this exclusion does not detract
from the understanding of the report, the
Competent Person should clearly explain
why this is the case.
The exclusion of information is not material.
Data
aggregation
methods
In reporting Exploration Results, weighting
averaging techniques, maximum and/or
minimum grade truncations (e.g., cutting of
high grades) and cut-off grades are usually
Material and should be stated.
All reported assay results have been length weighted to provide an
intersection width. A maximum of 2m of barren material (considered < 2gpt)
between mineralised samples has been permitted in the calculation of these
widths. Typically grades over 2gpt are considered significant, however, where
low grades are intersected in areas of known mineralisation these will be
reported. No top-cutting is applied when reporting intersection results.
Where aggregate intercepts incorporate
short lengths of high grade results and
longer lengths of low grade results, the
procedure used for such aggregation should
be stated and some typical examples of
such aggregations should be shown in
detail.
Where an intersection incorporates short lengths of high grade results these
intersections will be reported in addition to the aggregate value. These will
typically take the form of ##.#m @ ##.##gpt including ##.#m @ ##.##gpt.
The assumptions used for any reporting of
metal equivalent values should be clearly
stated.
No metal equivalent values have been used for the reporting of these
exploration results
Relationship
between
mineralisation
widths and
intercept
lengths
These relationships are particularly
important in the reporting of Exploration
Results:
True widths have been calculated for intersections of the known ore zones,
based on existing knowledge of the nature of these structures. This can be
difficult due to the multiple orientations of mineralisation at Falcon.
If the geometry of the mineralisation with
respect to the drill hole angle is known, its
nature should be reported.
Both the downhole width and true width have been clearly specified when
used.
If it is not known and only the down hole
lengths are reported, there should be a
clear statement to this effect (e.g., ‘down
hole length, true width not known’).
Not applicable.
Diagrams Appropriate maps and sections (with
scales) and tabulations of intercepts should
be included for any significant discovery
being reported These should include, but
not be limited to a plan view of drill hole
collar locations and appropriate sectional
views.
Appropriate plans and section have been included at the end of this table.
Balanced
reporting
Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and
high grades and/or widths should be
practiced to avoid misleading reporting of
Exploration Results.
Both high and low grades have been reported accurately, clearly identified
with the drill hole attributes and ‘From’ and ‘To’ depths.

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Criteria JORC Code explanation JORC Code explanation Commentary
Other
substantive
exploration
data
Other exploration data, if meaningful and
material, should be reported including (but
not limited to): geological observations;
geophysical survey results; geochemical
survey results; bulk samples – size and
method of treatment; metallurgical test
results; bulk density, groundwater,
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.
Petrology samples were selected for key lithologies and sent for thin section
preparation and petrographic investigation.
Further work The nature and scale of planned further
work (e.g., tests for lateral extensions or
depth extensions or large-scale step-out
drilling).
Wide spaced drilling will continue to test continuity of the mineralised trend
along strike and at depth, utilising drill platforms at RHP and Raleigh mines.
Tighter spaced drilling will also be conducted in specific areas to better define
the future drill density requirement of the deposit.
Diagrams clearly highlighting the areas of
possible extensions, including the main
geological interpretations and future drilling
areas, provided this information is not
commercially sensitive.
Appropriate diagrams accompany this release.
FALCON DEPOSIT
Cross section views of Falcon ore lodes Long section view looking east of the Falcon deposit and data used for estimation

Section 3: Estimation and Reporting of Mineral Resources

Criteria JORC Code explanation Commentary
Database integrity Measures taken to ensure that data has
not been corrupted by, for example,
transcription or keying errors, between
Sampling and logging data is either recorded on paper and manually
entered into a database system or captured digitally via a logging laptop
and directly loaded into the database system. There are checks in place to
avoid duplicate holes and sample numbers. Where possible, raw data is

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Criteria JORC Code explanation Commentary
its initial collection and its use for Mineral
Resource estimation purposes.
loaded directly into the database from laboratory and survey-tool derived
files.
Data validation procedures used. The complete exported data base including drill and face samples is
brought into Datamine RM and checked visually for any apparent errors
i.e., holes or faces sitting between levels or not on surface DTM’s. Multiple
checks are then made on numerical data including:

Empty table checks to ensure all relevant fields are populated.

Unique collar location check

Distances between consecutive surveys is no more than 50m for drill
holes

Differences in azimuth and dip between consecutive surveys of no
more than 0.3 degrees

The end of hole extrapolation from the last surveyed shot is no more
than 30m

Underground face sample lines are not greater than +- 5 degrees from
horizontal
Errors are corrected where possible. When not possible, the data is
resource flagged as “No” in the database and the database is re-exported.
This data is not used in the estimation process.
In addition to being validated, drill holes are assigned a Data Class, which
provides a secondary level of confidence in the quality of the data. A
review of all the historic data for Falcon was undertaken in 2019 and Data
Class (DC) values from 0 - 3 assigned, criteria summarised below:

DC 3 = Recent data; all data high quality, validated and all original data
available.

DC 2 = Historic data; may or may not have all data in AcQuire or hard
copy available but has proximity to recent drilling which confirms the
dip, width and tenor. Used to assist in classification.

DC 1 = Historic data; same criteria as DC 2 but cannot be verified with
recent drilling. Not used in Resource estimate.

DC 0 = Historic data; no original information or new drilling in proximity
to verify. Not used in Resource estimate.
Site visits Comment on any site visits undertaken
by the Competent Person and the
outcome of those visits.
The geological interpretations underpinning these resource models have
been prepared by geologists working in adjacent mines and in direct, daily
contact with similar ore bodies. The estimation of grades was undertaken
by personnel familiar with the orebody and the general style of
mineralisation encountered. The Senior Resource Geologist, a Competent
Person for reviewing and signing off on estimations of the Falcon lode
maintained a presence throughout the process.
If no site visits have been undertaken
indicate why this is the case.
The Competent Person has maintained a presence onsite.
Geological
interpretation
Confidence in (or conversely, the
uncertainty of) the geological
interpretation of the mineral deposit.
The interpretation of the Falcon deposit has been carried out using a
systematic approach to ensure continuity of the geology and estimated
mineral resource. The confidence in the geological interpretation is
reasonable given the current density of data present. Interpretation of the
Falcon mineralised envelopes were conducted using the sectional
interpretation method in Datamine RM software. Sectional interpretation
was completed at approximately 20m spacing in cross-section.
Wireframes were checked for unrealistic volumes and updated where
appropriate.
Nature of the data used and of any
assumptions made.
All available geological data was used in the interpretation including drill
holes (lithology, assay, and structure), regional structural models and
adjacent analogous deposits.

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Criteria JORC Code explanation Commentary
The effect, if any, of alternative
interpretations on Mineral Resource
estimation.
Due to the wide data spacing, alternative interpretations have been
considered. This includes a single steep mineralised trend (as opposed to
the current ‘stacked’ moderately dipping lodes) aligned with regional
foliations. Shorter strike-length ‘pods’ have also been considered a
possibility and development completed on the Falcon lodes to date
suggests this may be the case.
The potential for alternative interpretations has been considered when
applying Resource Classification to the MRE.
The use of geology in guiding and
controlling Mineral Resource estimation.
The interpretation of the main Falcon structures is based predominantly on
moderate to steep dipping mineralised shears within the host unit. Current
understanding is that interbedded sediments form a rheological and
stratigraphic control to mineralisation. Continuity of structure and
mineralisation style along-strike and down-dip is required for at least three
consecutive holes along the expected orientation of the mineralised trend
in order for a mineralised envelope to be created for estimation.
The factors affecting continuity both of
grade and geology.
Offsetting structures are not present in the adjacent Pode deposits
although significant undulations exist which may have some impact on
continuity of the mineralised trends.
Mineralised envelopes for Falcon are confined to the interbedded
sediment (SASL) lithological unit. Contacts to the east with Bent Tree
basalt and to west with Black Flags intermediate volcaniclastic form the
bounding structures for the Falcon mineralisation.
Dimensions The extent and variability of the Mineral
Resource expressed as length (along
strike or otherwise), plan width, and
depth below surface to the upper and
lower limits of the Mineral Resource.
Mineralisation has been modelled at Falcon over a strike length of
1,500m. Individual mineralised envelopes range from 200m to 1000m
along strike and from 50m to 300m down dip.
Mineralised envelope true widths range from 0.5m to 8.0m.
Mineralisation is known to occur from the base of cover to around 750m
below surface.
Estimation and
modelling techniques
The nature and appropriateness of the
estimation technique(s) applied and key
assumptions, including treatment of
extreme grade values, domaining,
interpolation parameters and maximum
distance of extrapolation from data
points. If a computer assisted estimation
method was chosen include a
description of computer software and
parameters used.
Multiple estimation methodologies have been tested to ascertain the
sensitivity of the estimate to various input parameters, including top-cut,
influence limitation model block size and kriging neighbourhood. This test
work was completed on the Falc4 lode which has the highest data density.
To reflect the geological variability, a two-dimensional approach has been
used for sample selection. Samples and blocks are transformed into two-
dimensional space (a single plane in the Y-Z orientation), the estimate is
completed, then samples and blocks are back-transformed to their original
position. This back-transformation is checked to ensure it agrees with the
original position of the wireframe. This methodology negates the
requirement for dynamic anisotropy and allows the variogram to be used
to estimate grade in the major (down plunge) and semi-major (down dip)
orientations.
Firstly, a ‘categorical estimate’ is completed on a grade cut-off of 0.30gpt
(0.75gpt for the Falc4 lode). This cut-off grade has been determined by
looking for a break in the grade distribution.
Blocks above 0.30gpt are coded with ‘1’ and blocks below with ‘0’. An
estimate is completed on the binary values to ascertain the probability of
the block being above the grade cut-off. For instance, if the block estimate
returned 0.65, the assumption would be that 65% of that block volume
would be above the 0.30gpt cut-off grade.
Following this, two separate data sets are created: all samples above
0.30gpt and all samples below 0.30gpt. These two data sets are used
individually to estimate a high-grade and low-grade model. For lodes with

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APPENDIX 4: ACQUISITION ASSETS JORC CODE 2012 TABLE 1s

Criteria JORC Code explanation Commentary
limited sample points where a coherent variogram model is not possible,
Inverse Distance was used for both the proportional and grade estimates.
For all other areas, Ordinary Kriging was used.
The final model is created by summing the products of the block
proportion estimate and high and low-grade estimates which is a weighted
combination of the two models returning a single gold grade for the
original block. All estimation uses a three-pass search strategy completed
in Datamine RM v 1.4 software. As all estimates use data transformed into
two-dimensional space, the direction 3 search has been manipulated to
equal the direction 1 search.
Shape specific estimation parameters are outlined below.
Falc1– Data is top cut to 20gpt using the influence limitation approach.
Variography was completed on the composited data file. For categorical
estimate, search ranges of 200m in directions 1 and 3 and 150m in
direction 2 were used. Three passes were used for estimation with
distances based on variography. LG and HG data set estimates use the
same search ranges as the categorical estimate.
Falc2– Data was top cut to 20gpt using the influence limitation approach.
A hard, top cut of 40gpt was also applied to remove any genuinely
anomalous results. Variography was completed on the composited data
file. For categorical estimate, search ranges of 120m in direction 1, 80m
in direction 2 and 40m in direction 3. Three passes were used for
estimation with distances based on variography. For both the LG and HG
estimates, a generic variogram has been used to estimate the HG and LG
models.
Falc3– Data was top cut to 30gpt using the influence limitation approach.
Variography was completed on the composited data file. For categorical
estimate, search ranges of 190m in direction 1, 130m in direction 2 and
50m in direction 3. Three passes were used for estimation with distances
based on variography. LG and HG data set estimates use the same
search ranges as the categorical estimate above. A generic variogram has
been used to estimate the HG and LG models.
Falc4– Data was top cut to 15gpt using the influence limitation approach.
In addition, a hard, top cut of 40gpt has been applied to limit impact of
genuine outliers on the influence limitation model. Variography was
completed on the composited data file. For categorical estimate, search
ranges of 110m in direction 1, 70m in direction 2 and 50m in direction 3
were used. A generic variogram has been used to estimate the HG and
LG models.
Falc5– Data was top cut to 40gpt using the influence limitation approach.
No variography was completed for the Falc5 lode as not enough sets of
data points were available for realistic variogram calculation. An ID^2
model was used to inform all Falc5 block estimates with grade continuity
inferred from adjacent shapes. For categorical estimate, search ranges of
70m in direction 1, 50m in direction 2 and 30m in direction 3 were used.
LG and HG data set estimates use the same search ranges as the
categorical estimate above.
Falc6– No top cuts were applied due the low coefficient of variance and
lack of genuine outliers. No variography was completed for the Falc6 lode
as not enough sets of data points were available for realistic variogram
calculation. An ID^2 model was used to inform all Falc6 block estimates.
Grade continuity trend has been inferred from nearby shapes. For
categorical estimate, search ranges of 70m in direction 1, 50m in direction
2 and 30m in direction 3 were used. Three passes were used for
estimation with distances based on adjacent lodes. LG and HG data set
estimates use the same search ranges as the categorical estimate above.
Falc7– Data was top cut to 15gpt using the influence limitation approach.
No variography was completed for the Falc7 lode as not enough sets of
data points were available for realistic variogram calculation. An ID^2

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Criteria JORC Code explanation Commentary
model was used to inform all Falc7 block estimates. Grade continuity trend
has been inferred from nearby shapes. For categorical estimate, search
ranges of 70m in direction 1, 50m in direction 2 and 30m in direction 3
were used. Three passes were used for estimation with distances based
on adjacent lodes. LG and HG data set estimates use the same search
ranges as the categorical estimate above.
Falc8– Data was top cut to 35gpt using the influence limitation approach.
In addition to this, a hard top cut of 50gpt has been applied to limit impact
of genuine outliers on the influence limitation model. For categorical
estimate, search ranges of 110m in direction 1, 90m in direction 2 and
50m in direction 3 were used. A generic variogram has been used to
estimate the HG and LG models.
Falc9– No top cuts were applied due the low coefficient of variance and
lack of genuine outliers. No variography was completed for the Falc9 lode
as not enough sets of data points were available for realistic variogram
calculation. An ID^2 model was used to inform all Falc9 block estimates.
Grade continuity trend has been inferred from nearby shapes. For
categorical estimate, search ranges of 70m in direction 1, 50m in direction
2 and 30m in direction 3 were used. LG and HG data set estimates use
the same search ranges as the categorical estimate above.
Falc11– Data was top cut to 30gpt using the influence limitation
approach. For categorical estimate, search ranges of 190m in direction 1,
130m in direction 2 and 50m in direction 3 were used. LG and HG data set
estimates use the same search ranges as the categorical estimate above.
A generic variogram has been used to estimate the HG and LG models
The availability of check estimates,
previous estimates and/or mine
production records and whether the
Mineral Resource Estimate takes
appropriate account of such data.
Check estimates have been completed for all lodes. These include
conventional Ordinary Kriging (OK) in three-dimensional space (with and
without dynamic anisotropy applied), conventional Ordinary Kriging (OK)
with data and model transformed into two-dimensional space, OK with a
generic variogram and isotropic search, Inverse Distance (ID) and Nearest
Neighbour (NN) estimates.
The assumptions made regarding
recovery of by-products.
No assumptions have been made regarding recovery of any by-products.
Estimation of deleterious elements or
other non-grade variables of economic
significance (e.g., sulphur for acid mine
drainage characterisation).
No deleterious elements have been considered or estimated for this
deposit.
In the case of block model interpolation,
the block size in relation to the average
sample spacing and the search
employed.
Data spacing for the Falcon deposit varies from 20m x 20m to 120m x
120m.
For all lodes, a block size of 10m x 10m x 10m has been chosen.
Search ellipse dimensions were derived from the variogram model ranges
(generally the distance corresponding to 80% of the total semivariance is
used for pass 1, and the range of the variogram used for pass 2), or
isotropic ranges based on data density where insufficient data was
present for variographic analysis.
Any assumptions behind modelling of
selective mining units.
No selective mining units are assumed in this estimate.
Any assumptions about correlation
between variables.
No other elements other than gold have been estimated.

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Criteria JORC Code explanation Commentary
Description of how the geological
interpretation was used to control the
resource estimates.
Hanging wall and foot wall wireframe surfaces were created using
sectional interpretation for each of the Falcon mineralised envelopes.
These wireframes are then combined and closed to make a solid which is
in turn used to control the volume and samples used to estimate each
lode.
For mine planning purposes a waste model is created by projecting the
hangingwall and footwall surfaces 15m either side. A default grade of
0.1gpt is assigned and the same resource classification as the adjacent
ore lode is applied to ensure consistency in MSO Resource Classification
reporting.
Discussion of basis for using or not
using grade cutting or capping.
Top cuts were applied to the composited sample data to reduce the
impact of outlier values on the average grade. Top cuts were selected
based on a statistical analysis of the data.
The top cut values are applied in several steps, using influence limitation
top cutting. A top cut (AU) and non-top cut (_NC) variable is created, as
well as a spatial variable (
_IL) which only has values where the top cut
values appear. For example, where gold requires a topcut, the following
variables will be created and estimated:

AU (top cut gold)

AU_NC (non- top-cut gold)

AU_IL (spatial variable; values present where AU data is top cut)
The top-cut and non-top cut values are estimated using search ranges
based on the variogram, and the _IL values estimated using very small
ranges (e.g., 5m x 5m x 5m). Where the
_IL values produce estimated
blocks within these restricted ranges, the *_NC estimated values replace
the original top cut estimated values (AU).
The process of validation, the checking
process used, the comparison of model
data to drill hole data, and use of
reconciliation data if available.
Statistical measures of estimation performance, such as the Slope of
Regression, are used to assess the quality of the estimation for each
domain.
Differences in the global grade of the declustered, top-cut composite data
set and the average model grade were within 10%, or justification for a
difference outside 10% was explicable.
Swath plots comparing declustered, top-cut composites to block model
grades are prepared and reviewed. Plots are also prepared summarising
the critical model parameters.
Visually, block grades are assessed against drill hole and face data.
Moisture Whether the tonnages are estimated on
a dry basis or with natural moisture, and
the method of determination of the
moisture content.
Tonnages are estimated on a dry basis.
Cut-off parameters The basis of the adopted cut-off grade(s)
or quality parameters applied.
The Mineral Resource Estimate has been reported at a 2.1gpt cut off
within 2.5m minimum mining width (excluding dilution) MSOs using a
$A2,250/oz gold price.
Mining factors or
assumptions
Assumptions made regarding possible
mining methods, minimum mining
dimensions and internal (or, if
applicable, external) mining dilution. It is
always necessary as part of the process
of determining reasonable prospects for
eventual economic extraction to consider
potential mining methods, but the
assumptions made regarding mining
No mining assumptions have been made during the resource wireframing
or estimation process.

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Criteria JORC Code explanation Commentary
methods and parameters when
estimating Mineral Resources may not
always be rigorous. Where this is the
case, this should be reported with an
explanation of the basis of the mining
assumptions made.
Metallurgical factors
or assumptions
The basis for assumptions or predictions
regarding metallurgical amenability. It is
always necessary as part of the process
of determining reasonable prospects for
eventual economic extraction to consider
potential metallurgical methods, but the
assumptions regarding metallurgical
treatment processes and parameters
made when reporting Mineral Resources
may not always be rigorous. Where this
is the case, this should be reported with
an explanation of the basis of the
metallurgical assumptions made.
No metallurgical assumptions have been made during the resource
wireframing or estimation process.
Environmental
factors or
assumptions
Assumptions made regarding possible
waste and process residue disposal
options. It is always necessary as part of
the process of determining reasonable
prospects for eventual economic
extraction to consider the potential
environmental impacts of the mining and
processing operation. While at this stage
the determination of potential
environmental impacts, particularly for a
green fields project, may not always be
well advanced, the status of early
consideration of these potential
environmental impacts should be
reported. Where these aspects have not
been considered this should be reported
with an explanation of the environmental
assumptions made.
A “Licence to Operate” is held by the operation which is issued under the
requirement of the “Environmental Protection Act 1986”, administered by
the Department of Environment (DoE). The licence stipulates
environmental conditions for the control of air quality, solid waste
management, water quality, and general conditions for operation.
Groundwater Licences are held for water abstraction, including production
bore field water use for mineral processing, and mine dewatering, in
accordance with the Rights in Water and Irrigation Act 1914. These
Licences are also regulated by DoE and are renewable on a regular basis.
Kanowna Operations conduct extensive environmental monitoring and
management programs to ensure compliance with the requirements of the
licences and lease conditions. An Environmental Management System is
in place to ensure that Northern Star employees and contractors exceed
environmental compliance requirements.
The Kalgoorlie operations are fully permitted including groundwater
extraction and dewatering, removal of vegetation, mineral processing, and
open pits.
Kalgoorlie Operations have been compliant with the International Cyanide
Management Code since 2008.
Compliance with air quality permits is particularly important at Kanowna
because of the roaster operation and because there are three facilities in
the Kalgoorlie region emitting SO2gas. Kanowna has a management
program in place to minimize the impact of SO2on regional air quality and
ensure compliance with regulatory limits.
Bulk density Whether assumed or determined. If
assumed, the basis for the assumptions.
If determined, the method used, whether
wet or dry, the frequency of the
measurements, the nature, size and
representativeness of the samples.
A thorough investigation into average density values for the various
lithological units at Falcon was completed and the mean densities by
lithology were coded into the database. Where there were no
measurements for a specific lithology, a default of value 2.8 t/m3was
applied. Density was then estimated by Ordinary Kriging or Inverse
Distance Squared, using the associated gold estimation parameters for
that domain. Post estimation, default density values for the oxide and
transition zones were applied, based on regional averages.
The bulk density for bulk material must
have been measured by methods that
adequately account for void spaces
(vugs, porosity, etc.), moisture and
differences between rock and alteration
zones within the deposit.
No significant voids are encountered in the ore zones for Falcon.

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Criteria JORC Code explanation Commentary
Discuss assumptions for bulk density
estimates used in the evaluation process
of the different materials.
Assumptions on the average bulk density of individual lithologies from the
regional data set. 21,549 bulk density samples have been used. Results
are in line with regional expectations. Default densities have been applied
to oxide (1.9 t/m3) and transitional (2.3 t/m3) material, due to lack of data in
this area. These values are in line with regional averages.
Classification The basis for the classification of the
Mineral Resources into varying
confidence categories.
Classification is based on a series of factors including:

Geologic grade continuity

Confidence in current interpretation

Density of available drilling

Statistical evaluation of the quality of the kriging estimate

Confidence in historical data, based on the new Data Class system
No blocks at Falcon have been assigned a classification above Inferred
due to uncertainty around the continuity of mineralised structure at Falcon.
Whether appropriate account has been
taken of all relevant factors (i.e., relative
confidence in tonnage/grade
estimations, reliability of input data,
confidence in continuity of geology and
metal values, quality, quantity and
distribution of the data).
All relevant factors have been given due weighting during the classification
process.
Whether the result appropriately reflects
the Competent Person’s view of the
deposit.
The resource model methodology is appropriate and reflects the
Competent Persons view of the deposit.
Audits or reviews The results of any audits or reviews of
Mineral Resource Estimates.
The Resource model has been subjected to internal peer reviews.
Discussion of relative
accuracy/ confidence
Where appropriate a statement of the
relative accuracy and confidence level in
the Mineral Resource Estimate using an
approach or procedure deemed
appropriate by the Competent Person.
For example, the application of statistical
or geostatistical procedures to quantify
the relative accuracy of the resource
within stated confidence limits, or, if such
an approach is not deemed appropriate,
a qualitative discussion of the factors
that could affect the relative accuracy
and confidence of the estimate.
These Mineral Resource Estimates are considered representative of the
Falcon style of mineralisation. The relative accuracy of the Mineral
Resource Estimate is reflected in the reporting of the Mineral Resource as
per the guidelines of the 2012 JORC Code.
The statement should specify whether it
relates to global or local estimates, and,
if local, state the relevant tonnages,
which should be relevant to technical
and economic evaluation.
Documentation should include
assumptions made and the procedures
used.
This resource report relates to the Falcon deposit. The model will show
local variability even though the global estimate reflects the total average
tonnes and grade.
These statements of relative accuracy
and confidence of the estimate should
be compared with production data,
where available.
No reconciliation factors are applied to the resource post-modelling.

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JORC Code, 2012 Edition – Table 1 Report

Golden Hind: Resources and Reserves – 31 March 2021

Section 1: Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria JORC Code explanation Commentary
Sampling
techniques
Nature and quality of sampling (e.g., cut
channels, random chips, or specific
specialised industry standard measurement
tools appropriate to the minerals under
investigation, such as down hole gamma
sondes, or handheld XRF instruments, etc.).
These examples should not be taken as
limiting the broad meaning of sampling.
Sampling was completed using a combination of Reverse Circulation (RC),
Rotary Air Blast (RAB) and Diamond (DD) drilling. RAB drilling was excluded
for resource estimation work.
Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any measurement
tools or systems used.
RC samples were split using a rig-mounted cone splitter on 1m intervals to
obtain a sample for assay.
Diamond core was placed in core trays for logging and sampling. Half core
samples were nominated by the geologist from diamond core with a minimum
sample width of either 20cm (HQ) or 30cm (NQ2).
Aspects of the determination of mineralisation
that are Material to the Public Report. In
cases where ‘industry standard’ work has
been done this would be relatively simple
(e.g., ‘reverse circulation drilling was used to
obtain 1m samples from which 3kg was
pulverised to produce a 30g charge for fire
assay’). In other cases, more explanation may
be required, such as where there is coarse
gold that has inherent sampling problems.
Unusual commodities or mineralisation types
(e.g., submarine nodules) may warrant
disclosure of detailed information.
RC sampling was split using a rig mounted cone splitter to deliver a sample of
approximately 3kg.
DD drill core was cut in half using an automated core saw, where the mass of
material collected will vary on the hole diameter and sampling interval.
All samples were delivered to a commercial laboratory where they were dried,
crushed to 90% passing 3mm if required, at this point large samples may be
split using a rotary splitter, pulverisation to 90% passing 75µm, a 40g charge
was selected for fire assay.
Drilling
techniques
Drill type (e.g., core, reverse circulation, open-
hole hammer, rotary air blast, auger, Bangka,
sonic, etc.) and details (e.g., core diameter,
triple or standard tube, depth of diamond tails,
face-sampling bit or other type, whether core
is oriented and if so, by what method, etc.).
Both Reverse Circulation and Diamond Drilling techniques were used to drill the
Golden Hind deposit.
Surface diamond drillholes were predominantly completed using HQ2 (63.5mm)
coring.
Historically, core was orientated using the Reflex ACT Core orientation system.
RC Drilling was completed using a 5.75” drill bit, downsized to 5.25” at depth.
In limited cases, RC pre-collars were drilled, followed by diamond tails. Pre-
collar depth was determined in the drill design phase.
Drill
sample
recovery
Method of recording and assessing core and
chip sample recoveries and results assessed.
Any core loss in diamond drilling is recorded on the core block by the driller.
This is captured by the logging geologist and entered as an interval into the
hole log.
Moisture content and sample recovery is recorded for each RC sample
Measures taken to maximise sample recovery
and ensure representative nature of the
samples.
For diamond drilling, the contractors adjust their rate of drilling and method if
recovery issues arise. All recovery is recorded by the drillers on core blocks.

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Criteria JORC Code explanation Commentary
This is checked and compared to the measurements of the core by the
geological team. Any issues are communicated back to the drilling contractor.
Whether a relationship exists between sample
recovery and grade and whether sample bias
may have occurred due to preferential
loss/gain of fine/coarse material.
Recovery of the ore lode is challenging at Golden Hind. Triple-tube drilling
techniques have been employed by the drilling contractor in order to alleviate
reduced recovery, due in part to the nature of the material being drilled and to
the drill orientation oblique to the target structure. In order to mitigate the
impacts on the estimate, samples which have logged core loss through the ore
zone are excluded.
Logging Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate Mineral
Resource estimation, mining studies and
metallurgical studies.
All diamond core is logged for regolith, lithology, veining, alteration,
mineralisation, and structure. Structural measurements of specific features are
also taken through oriented zones.
RC sample chips are logged in 1m intervals for the entire length of each hole.
Regolith, lithology, alteration, veining, and mineralisation are all recorded.
All logging codes for regolith, lithology, veining, alteration, mineralisation, and
structure is entered into the AcQuire database using suitable pre-set dropdown
codes to remove the likelihood of human error.
Whether logging is qualitative or quantitative
in nature. Core (or costean, channel, etc.)
photography.
All core logging is qualitative with mineralised zones assayed for quantitative
measurements. Every core tray is photographed wet.
The total length and percentage of the
relevant intersections logged.
In all instances, the entire drill hole is logged.
Sub-
sampling
techniques
and sample
preparation
If core, whether cut or sawn and whether
quarter, half or all core taken.
Diamond core is cut using an automated core saw. In most cases, half the core
is taken for sampling with the remaining half being stored for later reference.
Full core sampling is taken where data density of half core stored is sufficient
for auditing purposes.
If non-core, whether riffled, tube sampled,
rotary split, etc. and whether sampled wet or
dry.
For recent RC drilling (2015 onwards), RC samples were split using a rig-
mounted cone splitter to collect a sample 3 - 4kg in size from each 1m interval.
These samples were utilised for any zones approaching known mineralisation
and from any areas identified as having anomalous gold. Outside known
mineralised zones, spear samples were taken over a 4m interval for composite
sampling.
For all sample types, the nature, quality and
appropriateness of the sample preparation
technique.
For recent data (2015 onwards), preparation of samples was conducted at
Bureau Veritas’ Kalgoorlie facilities. Sample preparation commences with
sorting, checking, and drying at less than 110°C to prevent sulphide breakdown.
Samples are jaw crushed to a nominal -6mm particle size. If the sample is
greater than 3kg a Boyd crusher with rotary splitter is used to reduce the
sample size to less than 3kg (typically 1.5kg) at a nominal <3mm particle size.
The entire crushed sample (if less than 3kg) or sub-sample is then pulverised to
90% passing 75µm, using a Labtechnics LM5 bowl pulveriser. 300g pulp
subsamples are then taken with an aluminium scoop and stored in labelled pulp
packets.
The sample preparation is considered appropriate for the deposit.
Quality control procedures adopted for all sub-
sampling stages to maximise representivity of
samples.
For recent data (2015 onwards), procedures are utilised to guide the selection
of sample material in the field. Standard procedures are used for all processes
within the laboratory. Grind checks are performed at both the crushing stage
(3mm) and pulverising stage (75µm), requiring 90% of material to pass through
the relevant size.

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Criteria JORC Code explanation Commentary
Measures taken to ensure that the sampling is
representative of the in-situ material collected,
including for instance results for field duplicate
/ second-half sampling.
No umpire assays have been completed in this reporting period.
Whether sample sizes are appropriate to the
grain size of the material being sampled.
The sample sizes are considered appropriate for the material being sampled.
Quality of
assay data
and
laboratory
tests
The nature, quality and appropriateness of the
assaying and laboratory procedures used and
whether the technique is considered partial or
total.
For recent data, a 40g fire assay charge for is used with a lead flux in the
furnace. The prill is totally digested by HCl and HNO3acids before Atomic
Absorption Spectroscopy (AAS) determination for gold analysis.
For geophysical tools, spectrometers,
handheld XRF instruments, etc., the
parameters used in determining the analysis
including instrument make and model, reading
times, calibrations factors applied and their
derivation, etc.
No geophysical tools were used to determine any element concentrations.
Nature of quality control procedures adopted
(e.g., standards, blanks, duplicates, external
laboratory checks) and whether acceptable
levels of accuracy (i.e., lack of bias) and
precision have been established.
For recent data (2015 onwards), certified reference materials (CRMs) are
inserted into the sample sequence randomly at a rate of 1 per 20 samples to
ensure correct calibration. Any values outside of three standard deviations are
re-assayed with a new CRM.
Blanks are inserted into the sample sequence at a rate of 1 per 20 samples.
The insertion points are selected at random, except where high grade
mineralisation is expected. In these cases, a Blank is inserted after the high-
grade sample to test for contamination. Results greater than 0.2gpt are
investigated, and re-assayed if appropriate. New pulps are prepared if
anomalous results cannot be resolved.
Barren flushes are regularly inserted after anticipated high gold grades at the
pulverising stage.
No field duplicates were submitted for diamond core.
Pulp duplicates are requested after any ore zone. These are indicated on the
sample sheet and the submission sheet.
When visible gold is observed in core, a quartz flush is requested after the
sample.
Laboratory performance was monitored using the results from the QA samples
mentioned above. This was supplemented by the internal QA samples used by
the laboratories, which included pulp duplicates and CRMs.
The QA studies indicate that accuracy and precision are within industry
accepted limits.
Verification
of
sampling
and
assaying
The verification of significant intersections by
either independent or alternative company
personnel.
All significant intersections are verified by another Northern Star geologist
during the drill hole validation process, and later by a Competent Person to be
signed off.
The use of twinned holes. No twinned holes were drilled for this data set. Re-drilling of some drillholes has
occurred due to issues downhole (e.g., bogged rods). These have been
captured in the database as an ‘A’ suffix. Re-drilled holes are sampled whilst
the original drillhole is logged but not sampled.

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Criteria JORC Code explanation Commentary
Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.
Geological logging and sampling are directly recorded into AcQuire. Assay files
are received in *.cvs format and loaded directly into the database using an
AcQuire importer object. Assays are then processed through a form in AcQuire
for QAQC checks. Hardcopy and non-editable electronic copies of these are
stored.
Discuss any adjustment to assay data. No adjustments are made to this assay data.
Location of
data points
Accuracy and quality of surveys used to
locate drill holes (collar and down-hole
surveys), trenches, mine workings and other
locations used in Mineral Resource
estimation.
As a majority of the data in the Golden Hind data set is historic, it is unknown
what QC procedures have been used.
For more recent data (2015 onwards), planned hole collars are pegged using a
Differential GPS by the field assistants.
The final collar is picked up after hole completion by Cardno Survey with a Real
Time Kinematic Differential Global Positioning System (RTKDGPS) in the MGA
94_51 grid.
During drilling single-shot surveys are conducted every 30m to ensure the hole
remains close to design. This is performed using the Reflex EZ-Trac system
which measures the gravitational dip and magnetic azimuth results are
uploaded directly from the Reflex software export into the AcQuire database.
At the completion of diamond drilling the DeviFlex RAPID continuous in-rod
survey instrument taking readings every 2 seconds, In and Out runs and
reported in 3m intervals was also used along with DeviSight GPS compass for
surface alignment application True North Azimuth, DIP, latitude and longitude
coordinates for set up.
Specification of the grid system used. Collar coordinates are recorded in mine grid (Kundana 10) and transformed into
MGA94_51.
Quality and adequacy of topographic control. Quality topographic control has been achieved through Lidar data and survey
pickups of holes over the last 15 years.
Data
spacing
and
distribution
Data spacing for reporting of Exploration
Results.
Drill hole spacing varies across the deposit, with majority of drilling between
120m x 120m down to 20m x 20m within the planned Golden Hind Open Pit.
Whether the data spacing and distribution is
sufficient to establish the degree of geological
and grade continuity appropriate for the
Mineral Resource and Ore Reserve
estimation procedure(s) and classifications
applied.
The data spacing and distribution is considered sufficient to support the
resource estimate.
Whether sample compositing has been
applied.
No sample compositing has been applied.
Orientation
of data in
relation to
geological
structure
Whether the orientation of sampling achieves
unbiased sampling of possible structures and
the extent to which this is known, considering
the deposit type.
Most of the structures in the Kundana area dip steeply (80°) to the west (local
grid). Golden Hind dips at a shallower angle of 55° to the west. Diamond drilling
was designed to target the ore bodies perpendicular to this orientation to allow
for a favourable intersection angle.
If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to have
introduced a sampling bias, this should be
assessed and reported if material.
No sampling bias is considered to have been introduced by the drilling
orientation. Where drillholes have been particularly oblique, they have been
flagged as unsuitable for resource estimation.

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Criteria JORC Code explanation Commentary
Sample
security
The measures taken to ensure sample
security.
Prior to laboratory submission, samples are stored by Northern Star Resources
in a secure yard. Once submitted to the laboratories they are stored in a secure
fenced compound, tracked through their chain of custody and via audit trails.
Audits or
reviews
The results of any audits or reviews of
sampling techniques and data.
No independent audits have been undertaken of the data and sampling
practices.

Section 2: Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
tenement and
land tenure
status
Type, reference name/number, location and
ownership including agreements or material
issues with third parties such as joint
ventures, partnerships, overriding royalties,
native title interests, historical sites,
wilderness or national park and
environmental settings.
All information in this report is located within M16/309 which is held by The
East Kundana Joint Venture (EKJV). The EKJV is majority owned and
managed by Northern Star Resources Limited (51%). The minority holding in
the EKJV is held by Tribune Resources Ltd (36.75%) and Rand Mining Ltd
(12.25%).
The tenement on which the Golden Hind deposit is hosted is subject to three
royalty agreements. The agreements are the Kundana- Hornet Central
Royalty, the Lake Grace Royalty and the Kundana Pope John Agreement No.
2602-13.
The security of the tenure held at the time of
reporting along with any known impediments
to obtaining a licence to operate in the area.
No known impediments exist, and the tenements are in good standing.
Exploration
done by other
parties
Acknowledgment and appraisal of
exploration by other parties.
No other parties performed exploration work at Golden Hind during the
reporting period. Previous exploration by other parties is summarised in open
file annual reports which are available from the DMIRS.
Geology Deposit type, geological setting and style of
mineralisation.
The Kundana gold camp is situated within the Norseman-Wiluna Greenstone
Belt, in an area dominated by the Zuleika shear zone, which separates the
Coolgardie domain from the Ora Banda domain.
Golden Hind mineralisation is located along the Strzelecki-Raleigh structure.
The majority of mineralisation consists of narrow, laminated quartz veining on
the contact between volcanogenic sedimentary rock unit and andesite/gabbro
(RMV).
Drill hole
Information
A summary of all information material to the
understanding of the exploration results
including a tabulation of the following
information for all Material drill holes:
easting and northing of the drill hole
collar
elevation or RL (Reduced Level –
elevation above sea level in metres) of
the drill hole collar
dip and azimuth of the hole
down hole length and interception depth
hole length.
A summary of the data present in the Golden Hind deposit can be found
above.
The collar locations are presented in plots contained in the NSR 2021
resource report.
Drill holes vary in survey dip from -73 degrees to +18 degrees with hole depths
ranging from 18m to 537m and having an average depth of 151m. The assay
data acquired from these holes are described in the NSR 2021 resource
report.
All of the drill hole data were used directly or indirectly for the preparation of
the resource estimates described in the resource report.
If the exclusion of this information is justified
on the basis that the information is not
Material and this exclusion does not detract
No material information has been excluded from this report.

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Criteria JORC Code explanation Commentary
from the understanding of the report, the
Competent Person should clearly explain
why this is the case.
Data
aggregation
methods
In reporting Exploration Results, weighting
averaging techniques, maximum and/or
minimum grade truncations (e.g., cutting of
high grades) and cut-off grades are usually
Material and should be stated.
All reported assay results have been length weighted to provide an
intersection width. A maximum of 2m of low-grade material (considered <
2.0gpt) between mineralised samples has been permitted in the calculation of
these widths. Typically grades over 2.0gpt are considered significant, however,
where wide zones of low grade are intersected in areas of known
mineralisation these will be reported. No top-cutting is applied when reporting
intersection results.
Where aggregate intercepts incorporate
short lengths of high grade results and
longer lengths of low grade results, the
procedure used for such aggregation should
be stated and some typical examples of
such aggregations should be shown in
detail.
Where an intersection incorporates short lengths of high grade results these
intersections will be reported in addition to the aggregate value. These will
typically take the form of ##.#m @ ##.##gpt including ##.#m @ ##.##gpt.
The assumptions used for any reporting of
metal equivalent values should be clearly
stated.
No metal equivalent values have been used for the reporting of these
exploration results.
Relationship
between
mineralisation
widths and
intercept
lengths
These relationships are particularly
important in the reporting of Exploration
Results:
True widths have been calculated for intersections of the known ore zones
based on existing knowledge of the nature of these structures.
If the geometry of the mineralisation with
respect to the drill hole angle is known, its
nature should be reported.
Both the downhole width and true width have been clearly specified when
used.
If it is not known and only the down hole
lengths are reported, there should be a clear
statement to this effect (e.g., ‘down hole
length, true width not known’).
Where true widths cannot be estimated, the intercepts are clearly labelled as
down hole thickness.
Diagrams Appropriate maps and sections (with scales)
and tabulations of intercepts should be
included for any significant discovery being
reported These should include, but not be
limited to a plan view of drill hole collar
locations and appropriate sectional views.
Appropriate plans and section have been included at the end of this Table and
in the body of the NSR 2021 resource report.
Balanced
reporting
Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and
high grades and/or widths should be
practiced to avoid misleading reporting of
Exploration Results.
Both high and low grades have been reported accurately, clearly identified with
the drill hole attributes and ‘From’ and ‘To’ depths.
Other
substantive
exploration
data
Other exploration data, if meaningful and
material, should be reported including (but
not limited to): geological observations;
geophysical survey results; geochemical
survey results; bulk samples – size and
method of treatment; metallurgical test
results; bulk density, groundwater,
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.
No other material exploration data has been collected for this area.

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Criteria JORC Code explanation Commentary
Further work The nature and scale of planned further
work (e.g., tests for lateral extensions or
depth extensions or large-scale step-out
drilling).
There are plans for further drilling at Golden Hind to extend the Indicated
Resource to the north and investigate the potential for Underground mining
below the current planned open Pit.
Diagrams clearly highlighting the areas of
possible extensions, including the main
geological interpretations and future drilling
areas, provided this information is not
commercially sensitive.
Appropriate diagrams accompany this release.

Section 3: Estimation and Reporting of Mineral Resources

(Criteria listed in section 1, and where relevant in section 2, also apply to this section.)

Criteria JORC Code explanation Commentary
Database
integrity
Measures taken to ensure that data has not
been corrupted by, for example,
transcription or keying errors, between its
initial collection and its use for Mineral
Resource estimation purposes.
Sampling and logging data is either recorded on paper and manually entered
into a database system or captured digitally via a logging laptop and directly
loaded into the database system. There are checks in place to avoid duplicate
holes and sample numbers. Where possible, raw data is loaded directly into
the database from laboratory and survey-tool derived files.
Data validation procedures used. The complete exported data base including drill and face samples is brought
into Datamine RM and checked visually for any apparent errors i.e., holes or
faces sitting between levels or not on surface DTM’s. Multiple checks are then
made on numerical data including:
Empty table checks to ensure all relevant fields are populated
Unique collar location check,
Distances between consecutive surveys is no more than 50m for drill-
holes
Differences in azimuth and dip between consecutive surveys of no more
than 0.3 degrees
The end of hole extrapolation from the last surveyed shot is no more than
30m
Errors are corrected where possible. When not possible the data is resource
flagged as “No” in the database and the database is re-exported. This data is
not used in the estimation process.
In addition to being validated, drill holes are assigned a Data Class, which
provides a secondary level of confidence in the quality of the data. A review
of all the historic data for Golden Hind was undertaken in 2019 and Data
Class (DC) values from 0 - 3 assigned, criteria summarised below:
DC 3 = Recent data; all data high quality, validated and all original data
available.
DC 2 = Historic data; may or may not have all data in AcQuire or hard copy
available but has proximity to recent drilling which confirms the dip, width
and tenor. Used to assist in classification OR Recent data; minor issues
with data such as QAQC fail but not proximal to the ore zone.
DC 1 = Historic data; same criteria as DC 2 but cannot be verified with
recent drilling, i.e., too far away or too dissimilar dip, width and/or tenor to
recent drilling. Not to be used in Resource estimate.
DC 0 = Historic data; no original information or new drilling in proximity to
verify. Not to be used in Resource estimate.
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
The geological interpretations underpinning these Resource models have
been prepared by geologists working in adjacent mines and in direct, daily
contact with similar ore bodies. The estimation of grades was undertaken by
personnel familiar with the orebody and the general style of mineralisation
encountered. The Senior Resource Geologist, a Competent Person for

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Criteria JORC Code explanation Commentary
reviewing and signing off on estimations of the Golden Hind lode maintained a
presence throughout the process.
If no site visits have been undertaken
indicate why this is the case.
Site visits have been undertaken.
Geological
interpretation
Confidence in (or conversely, the uncertainty
of) the geological interpretation of the
mineral deposit.
The interpretation of the Golden Hind deposit has been carried out using a
systematic approach to ensure continuity of the geology and estimated
mineral resource. The confidence in the geological interpretation is high and
is supported with information acquired from drilling. Towards the northern end
of the mineralisation, the structure between Raleigh and Golden Hind is not as
well defined. This will be accounted for in MRE classifications applied.
The interpretation of the Golden Hind mineralisation wireframe was conducted
using the sectional interpretation method in Vulcan software. Sectional
interpretation was completed in vertical east-west sections at approximately
10m spacing where the drill density was good, and at approximately 40m
spacing in the North where the drill density data was sparser. Wireframes
were checked for unrealistic volumes and updated where appropriate.
Nature of the data used and of any
assumptions made.
All available geological data was used in the interpretation including drill holes
and regional structural models.
The effect, if any, of alternative
interpretations on Mineral Resource
estimation.
Due to the consistency of the structure conveyed by this dataset and
knowledge from the adjacent Raleigh deposit, no alternative interpretations
have been considered.
The use of geology in guiding and
controlling Mineral Resource estimation.
Golden Hind is an extension of the Raleigh Main Vein (RMV) hosted in the
Strzelecki Structure and located to the south of the Raleigh mining area. The
continuity of the RMV from Raleigh to Golden Hind is not well understood and
the northern extent.
The interpretation of the Raleigh Main Vein (RMV) is based on the presence
of quartz veining and continuity between sections on the main Raleigh
structure. The RMV was constrained to high-grade intercepts with all holes
with available photography reviewed for lithology logging.
The RMS was identified as a lower-grade halo surrounding the RMV, usually
hosted in brecciated volcaniclastics or andesite. The RMS is not always
present and is modelled as coincident with the RMV when halo grades were
absent, to eliminate overestimation of the volume.
The factors affecting continuity both of grade
and geology.
Grade continuity is affected when the percentage of quartz decreases within
the main Raleigh structure and only a sheared structure remains. This results
in lower grade in areas where only shear is present and higher grade where
quartz veining is developed.
Dimensions The extent and variability of the Mineral
Resource expressed as length (along strike
or otherwise), plan width, and depth below
surface to the upper and lower limits of the
Mineral Resource.
The Golden Hind structure is approximately 1500m long and is limited by
limited drilling to the north and diamond drilling at depth. The Golden Hind
mineralisation occurs in a major regional shear system, the Strzelecki
structure that extends over tens of kilometres.
The Golden Hind RMV varies in width but is typically in the range of 0.1m to
1m.
Mineralisation is known to occur from the base of cover to around 900m below
surface in the region.
The nature and appropriateness of the
estimation technique(s) applied and key
assumptions, including treatment of extreme
All Golden Hind mineralisation used 1.0m composites with direct grade
estimation of gold. The primary method of estimation was by categorical
indicated kriging (CIK) (unless otherwise stated), utilising a three pass search

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Criteria JORC Code explanation Commentary
Estimation
and modelling
techniques
grade values, domaining, interpolation
parameters and maximum distance of
extrapolation from data points. If a computer
assisted estimation method was chosen
include a description of computer software
and parameters used.
strategy using Datamine Studio RM software. Details of the estimation
parameters for each mineralisation zone are summarised below.
RMV divided into two data density subdomains based on near-surface, high-
density RC drilling and sparser RC and DD drilling at depth. A binary estimate
is completed on composited data set with indicators (0 or 1) applied based on
grade cut-off (> 0.8gpt). Estimate returns result between 0 and 1. Cut-off of
0.70 chosen to ascertain two grade subdomains (high grade and low grade)
for final gold estimate. Data sets top cut to 30gpt and 25gpt (high grade
subdomain, high- and low-density subdomains respectively) or 2gpt and
0.8gpt (low grade subdomain, high- and low-density subdomains respectively)
using the hard top-cut approach. Same variogram and search parameters
used for both high- and low-grade subdomains. Variograms indicate grade
continuity plunging steeply to the north. Searches were completed in three
passes. Search ranges of 180m in dir1, 100m in dir2 and 25m in dir3 were
used for the high data density subdomain and 280m in dir1, 160m in dir2 and
40m in dir3 for the low data density subdomain.
RMS divided into two data density subdomains based on near-surface, high-
density RC drilling and sparser RC and DD drilling at depth. Variography
attempted for the RMS lode, but completed with low confidence. ID2has been
used for grade interpolation, with no top-cutting required due to low
coefficients of variance within the RMS lode. Searches were completed in
three passes. Search ranges of 60m in dir1, 40m in dir2 and 20m in dir3 were
used for the high data density subdomain and 80m in dir1, 40m in dir2 and
30m in dir3 for the low data density subdomain
The availability of check estimates, previous
estimates and/or mine production records
and whether the Mineral Resource Estimate
takes appropriate account of such data.
All mineralisation zones had check estimates using ID2and Nearest
Neighbour completed as a comparison.
The assumptions made regarding recovery
of by-products.
No assumptions have been made regarding recovery of any by-products.
Estimation of deleterious elements or other
non-grade variables of economic
significance (e.g., sulphur for acid mine
drainage characterisation).
No deleterious elements have been considered and therefore estimated for
this deposit.
In the case of block model interpolation, the
block size in relation to the average sample
spacing and the search employed.
The data spacing varies considerably within the deposit ranging from closed
spaced drilling 20m (along strike) and 20m (down dip) through to more widely
spaced intercepts at over 80m (along strike) and 80m (down dip).
As such, the block sizes varied depending on sample density. In areas of
where the close spaced data existed, a 10m x 10m x 10m block size was
chosen. For lower density drilling with wider spacing a block size of 20m x
20m x 20m was selected.
All the varying block sizes are added together after being estimated
individually.
Search ellipse dimensions were derived from the variogram model ranges.
Any assumptions behind modelling of
selective mining units.
No selective mining units are assumed in this estimate.
Any assumptions about correlation between
variables.
No other elements other than gold have been estimated.

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Criteria JORC Code explanation Commentary
Description of how the geological
interpretation was used to control the
resource estimates.
Closed volume wireframes have been created using sectional interpretation.
These were used to define the RMV, and RMS mineralised zones based on
the shearing intensity, veins and gold grade.
RMV (Golden Hind) is a steeply dipping structure with quartz veining evident
from drilling.
RMS (Golden Hind) is a steeply dipping sheared lower grade structure usually
hosted in brecciated volcaniclastics.
For mine planning purposes a waste model is created by making a waste solid
wireframe approximately 30m either side of the mineralisation. A default grade
of 0.1gpt is assigned and the same resource classification as the adjacent ore
lode is applied to ensure consistency in MSO Resource Classification
reporting.
Discussion of basis for using or not using
grade cutting or capping.
Top cuts were applied to the composited sample data with the intention of
reducing the impact of outlier values on the average grade.
The top cut values are applied in several steps, using a technique called
influence limitation top cutting. A top cut (AU) and non-top cut (_NC) variable
is created, as well as a spatial variable (
_IL) which only has values where the
top cut values appear. For example, where gold requires a topcut, the
following variables will be created and estimated:
AU (top cut gold)
AU_NC (non- top-cut gold)
AU_IL (spatial variable; values present where AU data is top cut)
The top-cut and non-top cut values are estimated using search ranges based
on the variogram, and the _IL values estimated using very small ranges (e.g.,
5m x 5m x 5m). Where the
_IL values produce estimated blocks within these
restricted ranges, the *_NC estimated values replace the original top cut
estimated values (AU).
The process of validation, the checking
process used, the comparison of model data
to drill hole data, and use of reconciliation
data if available.
Statistical measures of estimation performance, such as the Slope of
Regression have been used to assess the quality of the estimation for each
domain.
Differences in the global grade of the declustered, top-cut composite data set
and the average model grade were within 10%, or justification for a difference
outside 10% was explicable.
Swath plots comparing declustered, top-cut composites to block model grades
are prepared and reviewed. Plots are also prepared summarising the critical
model parameters.
Visually, block grades are assessed against drill hole data.
Moisture Whether the tonnages are estimated on a
dry basis or with natural moisture, and the
method of determination of the moisture
content.
The tonnes have been estimated on a dry basis.
Cut-off
parameters
The basis of the adopted cut-off grade(s) or
quality parameters applied.
The Mineral Resource Estimate has been split into an Underground and Open
Pit Resource model.
The Open Pit Resource is reported above a $AUD2,250/oz optimised pit shell
within SMUs of 2.5m x 2.5m x 2.5m. Cut-off grade used for Open Pit reporting
is 1.08gpt.

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Criteria JORC Code explanation Commentary
The Underground Resource is reported below the $AUD2,250/oz optimised pit
shell at a 2.13gpt cut off within 2.5m minimum mining width (excluding
dilution) MSOs.
Mining factors
or
assumptions
Assumptions made regarding possible
mining methods, minimum mining
dimensions and internal (or, if applicable,
external) mining dilution. It is always
necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential mining methods, but the
assumptions made regarding mining
methods and parameters when estimating
Mineral Resources may not always be
rigorous. Where this is the case, this should
be reported with an explanation of the basis
of the mining assumptions made.
No mining assumptions have been made during the resource wireframing or
estimation process.
Metallurgical
factors or
assumptions
The basis for assumptions or predictions
regarding metallurgical amenability. It is
always necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential metallurgical methods, but the
assumptions regarding metallurgical
treatment processes and parameters made
when reporting Mineral Resources may not
always be rigorous. Where this is the case,
this should be reported with an explanation
of the basis of the metallurgical assumptions
made.
No metallurgical assumptions have been made during the resource
wireframing or estimation process.
Environmental
factors or
assumptions
Assumptions made regarding possible
waste and process residue disposal options.
It is always necessary as part of the process
of determining reasonable prospects for
eventual economic extraction to consider the
potential environmental impacts of the
mining and processing operation. While at
this stage the determination of potential
environmental impacts, particularly for a
green fields project, may not always be well
advanced, the status of early consideration
of these potential environmental impacts
should be reported. Where these aspects
have not been considered this should be
reported with an explanation of the
environmental assumptions made.
A “Licence to Operate” is held by the operation which is issued under the
requirement of the “Environmental Protection Act 1986”, administered by the
Department of Environment (DoE). The licence stipulates environmental
conditions for the control of air quality, solid waste management, water quality,
and general conditions for operation. Groundwater Licences are held for water
abstraction, including production bore field water use for mineral processing,
and mine dewatering, in accordance with the Rights in Water and Irrigation
Act 1914. These Licences are also regulated by DoE and are renewable on a
regular basis. Kanowna Operations conduct extensive environmental
monitoring and management programs to ensure compliance with the
requirements of the licences and lease conditions. An Environmental
Management System is in place to ensure that Northern Star employees and
contractors exceed environmental compliance requirements.
The Kalgoorlie operations are fully permitted including groundwater extraction
and dewatering, removal of vegetation, mineral processing, and open pits.
Kalgoorlie Operations have been compliant with the International Cyanide
Management Code since 2008.
Bulk density Whether assumed or determined. If
assumed, the basis for the assumptions. If
determined, the method used, whether wet
or dry, the frequency of the measurements,
the nature, size and representativeness of
the samples.
A thorough investigation into density values for the various lithological units at
Golden Hind was completed and the mean densities by lithology were coded
into the database. Where there were no measurements for a specific lithology,
a default value of 2.7 t/m³ was applied. Density was then estimated by
Ordinary Kriging or ID2, using the associated gold estimation parameters for
that domain. Post estimation, default density values for the oxide and
transition zones were applied, based on regional averages.
The bulk density for bulk material must have
been measured by methods that adequately
account for void spaces (vugs, porosity,
No voids are encountered in the ore zones and underground environment as
Golden Hind is unmined.

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Criteria JORC Code explanation Commentary
etc.), moisture and differences between rock
and alteration zones within the deposit.
Discuss assumptions for bulk density
estimates used in the evaluation process of
the different materials.
The average bulk density of individual lithologies is based on 502 bulk density
measurements at the Golden Hind deposit. Assumptions were based on
regional averages for the default density applied to oxide (1.8 t/m³) and
transitional (2.3 t/m³) material, due to lack of data in this area.
Classification The basis for the classification of the Mineral
Resources into varying confidence
categories.
Classification is based on a series of factors including:
Geologic grade continuity
Density of available drilling
Statistical evaluation of the quality of the kriging estimate
Confidence in historical data, based on the new Data Class system
Whether appropriate account has been
taken of all relevant factors (i.e., relative
confidence in tonnage/grade estimations,
reliability of input data, confidence in
continuity of geology and metal values,
quality, quantity and distribution of the data).
All relevant factors have been given due weighting during the classification
process.
Whether the result appropriately reflects the
Competent Person’s view of the deposit.
The resource model methodology is appropriate, and the estimated grades
reflect the Competent Persons view of the deposit.
Audits or
reviews
The results of any audits or reviews of
Mineral Resource Estimates.
The Resource model has been subjected to internal peer reviews.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in the
Mineral Resource Estimate using an
approach or procedure deemed appropriate
by the Competent Person. For example, the
application of statistical or geostatistical
procedures to quantify the relative accuracy
of the resource within stated confidence
limits, or, if such an approach is not deemed
appropriate, a qualitative discussion of the
factors that could affect the relative accuracy
and confidence of the estimate.
The Mineral Resource Estimate is considered robust and representative of the
Golden Hind style of the RMV mineralisation. The application of geostatistical
methods has helped to increase the confidence of the model and quantify the
relative accuracy of the resource.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
economic evaluation. Documentation should
include assumptions made and the
procedures used.
This resource report relates to the Golden Hind deposit. The model will show
local variability even though the global estimate reflects the total average
tonnes and grade.
These statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
No reconciliation factors are applied to the resource post-modelling.

GOLDEN HIND DEPOSIT

Long section view of the Golden Hind deposit

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Section 4: Estimation and Reporting of Ore Reserves

(Criteria listed in section 1, and where relevant in sections 2 and 3, also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
Resource
estimate for
conversion to
Ore Reserves
Description of the Mineral Resource estimate
used as a basis for the conversion to an Ore
Reserve.
Northern Star 2021MY Resource.
Clear statement as to whether the Mineral
Resources are reported additional to, or
inclusive of, the Ore Reserves.
The Mineral Resources are reported inclusive of the Ore Reserve.
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
Site visits have been undertaken by the competent person.
If no site visits have been undertaken
indicate why this is the case.
Site visits are undertaken.
Study status The type and level of study undertaken to
enable Mineral Resources to be converted to
Ore Reserves.
A minimum Pre-Feasibility level study is completed prior to converting an ore
zone into ore Reserve.
The Code requires that a study to at least
Pre-Feasibility Study level has been
undertaken to convert Mineral Resources to
Ore Reserves. Such studies will have been
carried out and will have determined a mine
plan that is technically achievable and
economically viable, and that material
Modifying Factors have been considered.
Ore Reserves have been calculated by generating detailed mining shapes for
the proposed Golden Hind pit. A series of nested optimised pit shells were
generated using Whittle software, an analysis of the shells was completed to
select one which was then used to complete a detailed pit design to closely
resemble the selected whittle shell.
The Whittle optimisation used parameters generated from NSR technical
personnel and technical consultants.
A detailed mine schedule and cost model has been generated and appropriate
ore dilution and recoveries have been applied within the model.
Cut-off
parameters
The basis of the cut-off grade(s) or quality
parameters applied.
The pit cut-off grade has been calculated based on the key input components
(processing, recovery and administration).

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Criteria JORC Code explanation Commentary
Forward looking forecast costs and physicals form the basis of the cut-off grade
calculations. The AUD gold price as per corporate guidance. Mill recovery
factors are based on historical data and metallurgical test work.
Mining factors
or
assumptions
The method and assumptions used as
reported in the Pre-Feasibility or Feasibility
Study to convert the Mineral Resource to an
Ore Reserve (i.e., either by application of
appropriate factors by optimisation or by
preliminary or detailed design).
Ore Reserves have been calculated by generating detailed mining shapes for
the proposed open pit. All open pit mining shapes include planned and
unplanned dilution, being waste material that is located within the minable
shape.
Open pit unplanned dilution has been modelled within the mining shapes as a
skin of material likely to be taken additional to material considered to be the
smallest mining unit (SMU). This method is considered to be appropriate given
the expected ground conditions, orebody width and proposed mining style.
The choice, nature and appropriateness of
the selected mining method(s) and other
mining parameters including associated
design issues such as pre-strip, access, etc.
The proposed open pit is to be mined using conventional open pit mining
methods (drill, blast, load and haul) by a mining contractor utilising 120 t class
excavators and 90 t trucks. This method is used widely in mines across Western
Australia and is deemed appropriate given the nature of the ore body.
The assumptions made regarding
geotechnical parameters (e.g., pit slopes,
stope sizes, etc.), grade control and pre-
production drilling.
Pit slope design parameters are defined by considering expected rock type,
weathering profile and depth below surface.
The major assumptions made and Mineral
Resource model used for pit and stope
optimisation (if appropriate).
This Table 1 applies to open pit mining.
The mining dilution factors used. Physicals are reported within the generated mining shapes for the open pit Ore
Reserve. SMU shapes have been generated for the reporting of Ore Reserve
physicals. Dilution accounted for within the SMU is 75%; that is waste material
carried within the mining shape.
The mining recovery factors used. No recovery factors were applied for the reporting of Open pit Reserve
physicals. Mining recovery is considered to be 100% of the SMU.
Any minimum mining widths used. The minimum minable selective mining unit (SMU) dimensions for the Open pit
Reserve Estimate are 3.5m Wide x 2.5m High x 4.0m Long.
The manner in which Inferred Mineral
Resources are utilised in mining studies and
the sensitivity of the outcome to their
inclusion.
Inferred material has not been included within the Open pit Ore Reserve
estimate (treated as waste) but has been considered in LOM planning. The
amount of inferred material has no impact on the sensitivity of the project.
The infrastructure requirements of the
selected mining methods.
Infrastructure required for the proposed Golden Hind Project has been
accounted for and included in all work leading to the generation of the Ore
Reserve estimate.
Ore from the Golden Hind Project will be processed through the Kanowna Belle
Gold Mine Processing Plant at the Kanowna Belle operation; hence no
processing infrastructure is required.
The Golden Hind Project is connected by internal private haul roads to Kanowna
Belle.
Infrastructure will be shared with the Rubicon and Raleigh projects and includes
offices, workshops and associated facilities, dewatering pipeline, and ROM Pad.
New infrastructure includes a waste rock storage dump.

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Criteria JORC Code explanation Commentary
Metallurgical
factors or
assumptions
The metallurgical process proposed and the
appropriateness of that process to the style
of mineralisation.
Golden Hind ore will be treated at the Kanowna Belle milling facilities or
additional ore to toll treatment facilities as required. The Kanowna Belle Mill is
designed to handle approximately 2.0 million tonnes of feed per annum. The
plant has the capability to treat both refractory and free milling ores, through
either using the flotation circuit and associated concentrate roaster circuit,
including carbon-in-leach (CIL) gold recovery, or bypassing the flotation circuit
and going directly to a CIL circuit designed to treat flotation tails. The plant
campaigns both refractory and free milling ores every month. Between
campaigns, the circuit is “cleaned out” using mineralised waste. The plant is
made up of crushing, grinding, gravity gold recovery, flotation, roasting, CIL,
elution and gold recovery circuits.
Ore Reserves are calculated using processing plant recovery factors that are
based on test work and historical performance.
Whether the metallurgical process is well-
tested technology or novel in nature.
Milling experience gained over plus 10 years operation.
The nature, amount and representativeness
of metallurgical test work undertaken, the
nature of the metallurgical domaining applied
and the corresponding metallurgical recovery
factors applied.
Milling experience gained over plus 10 years operation.
Any assumptions or allowances made for
deleterious elements.
No assumption made.
The existence of any bulk sample or pilot
scale test work and the degree to which such
samples are considered representative of the
orebody.
Milling experience gained over plus 10 years operation.
For minerals that are defined by a
specification, has the ore Reserve estimation
been based on the appropriate mineralogy to
meet the specifications?
Not applicable.
Environmental The status of studies of potential
environmental impacts of the mining and
processing operation. Details of waste rock
characterisation and the consideration of
potential sites, status of design options
considered and, where applicable, the status
of approvals for process residue storage and
waste dumps should be reported.
Environmental impacts and hazards are being considered as part of the DMIRS
application process. Waste rock characterisation and hydrogeological
investigations indicates the rock mass is considered non-acid forming.
Tailings from the open pit operation are proposed to be stored within the existing
Tailings Storage Facility (TSF) at Kanowna Belle.
Infrastructure The existence of appropriate infrastructure:
availability of land for plant development,
power, water, transportation (particularly for
bulk commodities), labour, accommodation;
or the ease with which the infrastructure can
be provided or accessed.
All current site infrastructure is suitable to the proposed underground operations
mining plan. Additional infrastructure is planned for the Golden Hind Open pit
and has been allowed for in the financial model.
Costs The derivation of, or assumptions made,
regarding projected capital costs in the study.
Mining costs based on mining contract rates supplied by a reputable WA based
mining contractor. Mining costs were built up from first principals on mine
designs supplied by NSR.
The methodology used to estimate operating
costs.
The estimation of Open pit mine operating costs was based on a contractor
mining and maintenance operation using first principles to determine equipment
productivities and associated operating hours to generate mine schedules.

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Criteria JORC Code explanation Commentary
Provided contract pricing were than applied to the schedule to calculate all unit
costs.
Allowances made for the content of
deleterious elements.
No allowances made.
The derivation of assumptions made of metal
or commodity price(s), for the principal
minerals and co- products.
Corporate guidance.
The source of exchange rates used in the
study.
Corporate guidance.
Derivation of transportation charges. Historic performance.
The basis for forecasting or source of
treatment and refining charges, penalties for
failure to meet specification, etc.
Historic performance.
The allowances made for royalties payable,
both Government and private.
All royalties are built into the cost model.
Revenue
factors
The derivation of, or assumptions made
regarding revenue factors including head
grade, metal or commodity price(s) exchange
rates, transportation and treatment charges,
penalties, net smelter returns, etc.
A$1,750/oz gold.
The derivation of assumptions made of metal
or commodity price(s), for the principal
metals, minerals and co-products.
Corporate guidance.
Market
assessment
The demand, supply and stock situation for
the particular commodity, consumption
trends and factors likely to affect supply and
demand into the future.
All gold is assumed sold directly to market at the nominated Corporate gold
price.
A customer and competitor analysis along
with the identification of likely market
windows for the product.
Not Applicable.
Price and volume forecasts and the basis for
these forecasts.
Corporate guidance.
For industrial minerals the customer
specification, testing and acceptance
requirements prior to a supply contract.
Not Applicable.
Economic The inputs to the economic analysis to
produce the net present value (NPV) in the
study, the source and confidence of these
economic inputs including estimated inflation,
discount rate, etc.
The Open pit Ore Reserve estimate is based on a financial model for that has
been prepared at a “pre-feasibility study” level of accuracy economic modelling.
All inputs from mining operations, processing, transportation, and capital have
been scheduled and evaluated to generate a full life of mine cost model.

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Criteria JORC Code explanation Commentary
NPV ranges and sensitivity to variations in
the significant assumptions and inputs.
Sensitivities have been used with gold price ranges of A$1,500 to A$2,000 per
ounce.
Social The status of agreements with key
stakeholders and matters leading to social
Licence to operate.
Agreements are in place and are current with all key stakeholders.
Other To the extent relevant, the impact of the
following on the project and/or on the
estimation and classification of the Ore
Reserves:
No Issues.
Any identified material naturally occurring
risks.
No Issues.
The status of material legal agreements and
marketing arrangements.
No Issues.
The status of governmental agreements and
approvals critical to the viability of the
project, such as mineral tenement status,
and government and statutory approvals.
There must be reasonable grounds to expect
that all necessary Government approvals will
be received within the timeframes anticipated
in the Pre-Feasibility or Feasibility study.
Highlight and discuss the materiality of any
unresolved matter that is dependent on a
third party on which extraction of the Reserve
is contingent.
No Issues.
Classification The basis for the classification of the Ore
Reserves into varying confidence categories.
Ore Reserves classifications are derived from the underlying resource model
classifications – i.e., Measured Resource material is converted to either Proved
or Probable Reserves, with Indicated Resource material converting to Probable
Reserve.
Whether the result appropriately reflects the
Competent Person’s view of the deposit.
The results accurately reflect the competent persons view of the deposit.
The proportion of Probable Ore Reserves
that have been derived from Measured
Mineral Resources (if any).
Nil.
Audits or
reviews
The results of any audits or reviews of Ore
Reserve estimates.
The Ore Reserve has been internally reviewed in line with Northern Star
Resource governance standard for Reserves and Resources. There have been
no external reviews of this Ore Reserve estimate.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the relative
accuracy and confidence level in the Ore
Reserve estimate using an approach or
procedure deemed appropriate by the
Competent Person. For example, the
application of statistical or geostatistical
procedures to quantify the relative accuracy
of the Reserve within stated confidence
limits, or, if such an approach is not deemed
appropriate, a qualitative discussion of the
factors which could affect the relative
accuracy and confidence of the estimate.
Confidence in the model and Ore Reserve Estimate is considered high.

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Criteria JORC Code explanation Commentary
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and economic
evaluation. Documentation should include
assumptions made and the procedures used.
Estimates are global but will be reasonably accurate on a local scale.
Accuracy and confidence discussions should
extend to specific discussions of any applied
Modifying Factors that may have a material
impact on Ore Reserve viability, or for which
there are remaining areas of uncertainty at
the current study stage.
Not applicable.
It is recognised that this may not be possible
or appropriate in all circumstances. These
statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
Not applicable.

JORC Code, 2012 Edition – Table 1 Report

Kundana Area Deposits (Drake, Pegasus, Rubicon and Hornet): Resources and Reserves – 31 March 2021

Section 1: Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria JORC Code explanation Commentary
Sampling
techniques
Nature and quality of sampling (e.g., cut
channels, random chips, or specific
specialised industry standard measurement
tools appropriate to the minerals under
investigation, such as down hole gamma
sondes, or handheld XRF instruments, etc.).
These examples should not be taken as
limiting the broad meaning of sampling.
Several sample types were used to collect material for analysis: underground
and surface diamond drilling (DD), surface reverse circulation drilling (RC) and
face channel (FC) sampling. Rotary air blast (RAB) holes were excluded from
the estimate. Where sufficient DD holes were present, RC holes were also
excluded. Tabulated statistics below include the Pode and Hera trend. A more
detailed breakdown will be made available in the Drake, Pegasus, Rubicon and
Hornet 2021 Resource Report.
Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any measurement
tools or systems used.
DD drilling is sampled within geological boundaries with a minimum (0.3m) and
maximum (1.0m) sample length. Face channel sampling is constrained within
geological and mineralised boundaries with a minimum (0.2m) and maximum
(1.0m) channel sample length. In some cases, smaller samples (0.1m – 0.2m)
have been taken to account for smaller structures in the face.
Aspects of the determination of mineralisation
that are Material to the Public Report. In
cases where ‘industry standard’ work has
been done this would be relatively simple
(e.g., ‘reverse circulation drilling was used to
obtain 1m samples from which 3kg was
pulverised to produce a 30g charge for fire
DD drill core was nominated for either half core or full core sampling. Core
designated for half core was cut using an automated core saw. The mass of
material collected was dependent on the drillhole diameter and sampling
interval selected. Core designated for full core was broken with a rock hammer
if sample segments were too large to fit into sample bags.

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Criteria JORC Code explanation Commentary
assay’). In other cases, more explanation may
be required, such as where there is coarse
gold that has inherent sampling problems.
Unusual commodities or mineralisation types
(e.g., submarine nodules) may warrant
disclosure of detailed information.
A sample size of at least 3kg of material was targeted for each face sample
interval.
All samples were delivered to a commercial laboratory where they were dried
and crushed to 90% of material ≤3mm. At this point large samples were split
using a rotary splitter, then pulverised to 90% ≤75µm.
A 40g charge was selected for fire assay for all recent samples. Historically,
charge weights of 50g have also been used.
Drilling
techniques
Drill type (e.g., core, reverse circulation, open-
hole hammer, rotary air blast, auger, Bangka,
sonic, etc.) and details (e.g., core diameter,
triple or standard tube, depth of diamond tails,
face-sampling bit or other type, whether core
is oriented and if so, by what method, etc.).
Both Reverse Circulation and Diamond Drilling techniques were used to drill the
Kundana deposits.
Surface diamond drill holes were completed using HQ2 (63.5mm) core, whilst
underground diamond drill holes were completed using NQ2 (50.5mm) core.
Historically, core was orientated using the Reflex ACT Core orientation system.
Currently, core is oriented using the Boart Longyear Trucore Core Orientation
system.
RC Drilling was completed using a 5.75” drill bit, downsized to 5.25” at depth.
In many cases, RC pre-collars were drilled, followed by diamond tails. Pre-collar
depth was determined in the drill design phase depending on the target being
drilled and production constraints.
Drill
sample
recovery
Method of recording and assessing core and
chip sample recoveries and results assessed.
For DD drilling, any core loss is recorded on the core block by the driller. This is
captured by the logging geologist and entered as an interval into the hole log.
Measures taken to maximise sample recovery
and ensure representative nature of the
samples.
Contractors adjust the rate and method of drilling if recovery issues arise. All
recovery is recorded by the drillers on core blocks. This is checked and
compared to the measurements of the core by the geological team. Any issues
are communicated back to the drilling contractor.
Whether a relationship exists between sample
recovery and grade and whether sample bias
may have occurred due to preferential
loss/gain of fine/coarse material.
Recovery was excellent for diamond core and no relationship between grade
and recovery is observed. Average recovery across the Kundana camp is at
99%.
Logging Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate Mineral
Resource estimation, mining studies and
metallurgical studies.
All diamond core is logged for lithology, veining, alteration, mineralisation, and
structural data. Structural measurements of specific features are also taken
through oriented zones.
Logging is entered in AcQuire using a series of drop-down menus which contain
the appropriate codes for description of the rock.
All underground faces are logged for lithology and mineralisation. Logging is
captured on a face sample sheet underground which is then transferred to
AcQuire. Faces are then input into AcQuire using a series of drop-down menus
which contain appropriate codes for description of the rock.
Whether logging is qualitative or quantitative
in nature. Core (or costean, channel, etc.)
photography.
All core logging is qualitative with mineralised zones assayed for quantitative
measurements. Every core tray is photographed wet.
All underground faces are logged and sampled to provide both qualitative and
quantitative data. Faces are washed down and photographed before sampling
is completed.
The total length and percentage of the
relevant intersections logged.
For all drill holes, the entire length of the hole is logged.

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Criteria JORC Code explanation Commentary
Sub-
sampling
techniques
and sample
preparation
If core, whether cut or sawn and whether
quarter, half or all core taken.
Diamond core is cut using an automated core saw. Sampling and cutting
methodology is dependent on the type of drilling completed. Half core is utilised
for exploration drilling. Some exploration drill holes have been whole core
sampled and all Grade Control drilling is whole core sampled.
If non-core, whether riffled, tube sampled,
rotary split, etc. and whether sampled wet or
dry.
RC samples are split using a rig-mounted cone splitter to collect a sample 3 -
4kg in size from each 1m interval. These samples were from any zone
approaching known mineralisation and from any areas identified as having
anomalous gold. Outside known mineralised zones spear samples were taken
over a 4m interval for composite sampling.
For all sample types, the nature, quality and
appropriateness of the sample preparation
technique.
Preparation of NSR samples was conducted at Bureau Veritas’ Kalgoorlie
facilities; commencing with sorting, checking, and drying at less than 110°C to
prevent sulphide breakdown. Samples are jaw crushed to a nominal -6mm
particle size. If the sample is greater than 3kg a Boyd crusher with rotary splitter
is used to reduce the sample size to less than 3kg (typically 1.5kg) at a nominal
<3mm particle size.
The entire crushed sample (if less than 3kg) or sub-sample is then pulverised to
90% ≤75µm, using a Labtechnics LM5 bowl pulveriser. 400g Pulp subsamples
are then taken with an aluminium scoop and stored in labelled pulp packets.
The sample preparation is considered appropriate for the deposit.
Quality control procedures adopted for all sub-
sampling stages to maximise representivity of
samples.
Standard procedures are used for all processes within the laboratory. Grind
checks are performed at both the crushing stage (3mm) and pulverising stage
(75µm), requiring 90% of material to pass through a sieve of relevant size.
Measures taken to ensure that the sampling is
representative of the in-situ material collected,
including for instance results for field duplicate
/ second-half sampling.
Umpire sampling is performed monthly, where 3% of the samples are sent to
the umpire laboratory for processing.
Umpire samples of faces were analysed using a 40g charge weight.
Whether sample sizes are appropriate to the
grain size of the material being sampled.
The sample sizes are considered appropriate for the material being sampled.
Quality of
assay data
and
laboratory
tests
The nature, quality and appropriateness of the
assaying and laboratory procedures used and
whether the technique is considered partial or
total.
A 40g fire assay charge for diamond drillholes and a 40g charge for face
samples is used with a lead flux in the furnace. The prill is totally digested by
HCl and HNO3acids before Atomic Absorption Spectroscopy (AAS)
determination for gold analysis.
For geophysical tools, spectrometers,
handheld XRF instruments, etc., the
parameters used in determining the analysis
including instrument make and model, reading
times, calibrations factors applied and their
derivation, etc.
No geophysical tools were used to determine any element concentrations
Nature of quality control procedures adopted
(e.g., standards, blanks, duplicates, external
laboratory checks) and whether acceptable
levels of accuracy (i.e., lack of bias) and
precision have been established.
Certified reference materials (CRMs) are inserted into the sample sequence at
a rate of 1 per 20 samples to ensure correct calibration. Any values outside of 3
standard deviations are re-assayed with a new CRM.
Blanks are inserted into the sample sequence at a rate of 1 per 20 samples.
The insertion points are selected at random, except where high grade
mineralisation is expected. In these cases, a Blank is inserted after the high-
grade sample to test for contamination. Results greater than 0.2gpt if received
are investigated, and re-assayed if appropriate. New pulps are prepared if
anomalous results cannot be resolved.

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Criteria JORC Code explanation Commentary
Barren flushes are regularly inserted after anticipated high gold grades at the
pulverising stage.
No field duplicates were submitted for diamond core.
Pulp duplicates are requested after any ore zone. These are indicated on the
sample sheet and the submission sheet.
When visible gold is observed in core, a quartz flush is requested after the
sample.
Laboratory performance was monitored using the results from the QA samples
mentioned above. This was supplemented by the internal QA samples used by
the laboratories, which included pulp duplicates and CRMs.
The QA studies indicate that accuracy and precision are within industry
accepted limits.
Verification
of
sampling
and
assaying
The verification of significant intersections by
either independent or alternative company
personnel.
All significant intersections are verified by another Northern Star geologist
during the drill hole validation process, and later by a Competent Person to be
signed off.
The use of twinned holes. No specific twinned holes were drilled. Re-drilling of some drillholes has
occurred due to issues downhole (e.g., bogged rods). These have been
captured in the database with an ‘A’ suffix. Re-drilled holes are sampled, whilst
the original drillhole is logged but not sampled.
Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.
Geological logging and sampling are directly recorded into AcQuire. Assay files
are received in *.cvs format and loaded directly into the database using an
AcQuire importer object. Assays are then processed through a form in AcQuire
for QAQC checks. Hardcopy and non-editable electronic copies of these are
stored.
Discuss any adjustment to assay data. No adjustments have been made to this assay data.
Location of
data points
Accuracy and quality of surveys used to
locate drill holes (collar and down-hole
surveys), trenches, mine workings and other
locations used in Mineral Resource
estimation.
Planned holes are marked up by the mine survey department using a total
station survey instrument in mine grid (Kundana 10). The actual hole position is
then located by the mine survey department once drilling is completed.
Holes are lined up on the collar point using the DHS Minnovare Azimuth
Aligner. Planned azimuths and dips of the holes are downloaded to the aligner
which is then placed on the rod string to align the hole for drilling.
During drilling, single shot surveys are conducted at the 30m mark to check
azimuth aligner set up and track off collar deviation. The DeviFlex tool is used
at 50m intervals to track the deviation of the hole and to ensure it stays close to
design. This is a relative change tool which measures the change in orientation
along the path of the hole at 3m intervals. The DeviFlex tool is referenced back
to the azimuth aligner measurement to provide a non-magnetic survey in true
North. At the completion of the hole, a final DeviFlex survey is completed taking
measurements for the entire hole. Results are uploaded from the DeviFlex
software into cloud service. This data is then reviewed, downloaded, and
imported into the AcQuire database. The download from the DeviFlex service
utilises an average of all the DeviFlex surveys taken over the entire hole. These
are review and validated and erroneous surveys discarded.
Prior to the overshot mounted DeviFlex tool being available, a combination of
magnetic and DeviFlex single shot surveys were used and 30m intervals whilst
drilling. A final end of hole multi shot DeviFlex survey was taken to provide a
continuous non-magnetic survey of the entire hole trace.

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Criteria JORC Code explanation Commentary
Specification of the grid system used. Collar coordinates are recorded in mine grid (Kundana 10) and transformed into
MGA94_51.
Quality and adequacy of topographic control. Quality topographic control has been achieved through Lidar data and survey
pickups of holes over the last 15 years.
Data
spacing
and
distribution
Data spacing for reporting of Exploration
Results.
Drill hole spacing varies across the deposit. Resource Targeting drilling at an
80m x 80m nominal spacing is infilled during Resource Definition down to an
average of 30m x 30m. Grade control drilling follows development and is
generally comprised of stab drilling from the development drive at 10m to 15m
spaced centres.
Whether the data spacing, and distribution is
sufficient to establish the degree of geological
and grade continuity appropriate for the
Mineral Resource and Ore Reserve
estimation procedure(s) and classifications
applied.
The data spacing and distribution is considered sufficient to support the
Resource and Reserve estimates.
Whether sample compositing has been
applied.
No sample compositing has been applied.
Orientation
of data in
relation to
geological
structure
Whether the orientation of sampling achieves
unbiased sampling of possible structures and
the extent to which this is known, considering
the deposit type.
Most of the structures in the Kundana area dip steeply (80°) to the west (local
grid). Diamond drilling was designed to target the ore bodies perpendicular to
this orientation to allow for a favourable intersection angle. Instances where this
was not achievable (primarily due to drill platform location), drilling was not
completed, or re-designed once a more suitable platform became available.
Drill holes with low intersection angles are excluded from resource estimation
where more suitable data is available.
If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to have
introduced a sampling bias, this should be
assessed and reported if material.
No sampling bias is considered to have been introduced by the drilling
orientation. Where drillholes have been particularly oblique, they have been
flagged as unsuitable for resource estimation.
Sample
security
The measures taken to ensure sample
security.
Prior to laboratory submission samples are stored by Northern Star Resources
in a secure yard. Once submitted to the laboratories they are stored in a secure
fenced compound, tracked through their chain of custody and via audit trails.
Audits or
reviews
The results of any audits or reviews of
sampling techniques and data.
No recent audits have been undertaken of the data and sampling practices.

Section 2: Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
tenement and
land tenure
status
Type, reference name/number, location and
ownership including agreements or material
issues with third parties such as joint
ventures, partnerships, overriding royalties,
native title interests, historical sites,
All holes mentioned in this report are located on the M16/309 Mining lease
held by the East Kundana Joint Venture (EKJV). The EKJV is majority owned
and managed by Northern Star Resources Limited (51%). The minority
holding in the EKJV is held by Tribune Resources Ltd (36.75%) and Rand
Mining Ltd (12.25%).

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Criteria JORC Code explanation Commentary
wilderness or national park and
environmental settings.
The tenement on which the Rubicon, Hornet, Pegasus, and Drake deposits
are hosted (M16/309) is subject to three royalty agreements. The agreements
that are on M16/309 are the Kundana- Hornet Central Royalty, the Lake Grace
Royalty and the Kundana Pope John Agreement No. 2602-13.
The security of the tenure held at the time of
reporting along with any known impediments
to obtaining a licence to operate in the area.
No known impediments exist, and the tenements are in good standing.
Exploration
done by other
parties
Acknowledgment and appraisal of
exploration by other parties.
The first reference to the mineralisation style encountered at the Kundana
project was the mines department report on the area produced by Dr. I. Martin
(1987). He reviewed work completed in 1983 – 1984 by a company called
Southern Resources, who identified two geochemical anomalies, creatively
named Kundana #1 and Kundana #2. The Kundana #2 prospect was
subdivided into a further two prospects, dubbed K2 and K2A.
Between 1987 and 1997, limited work was completed.
Between 1997 and 2006, Tern Minerals (subsequently Rand Mining and
Tribune Resources) and Gilt-Edge Mining focused on shallow open pit
potential with production from the Rubicon open pit commenced in 2002.
In 2011, Pegasus was highlighted by an operational review team and follow-
up drilling was planned through 2012.
Geology Deposit type, geological setting and style of
mineralisation.
The Kundana camp is situated within the Norseman-Wiluna Greenstone Belt,
in an area dominated by the Zuleika shear zone, which separates the
Coolgardie domain from the Ora Banda domain.
K2-style mineralisation (Pegasus, Rubicon, Hornet, Drake) consists of narrow
vein deposits hosted by shear zones located along steeply dipping overturned
lithological contacts. The K2 structure is present along the contact between a
black shale unit (Centenary Shale) and intermediate volcaniclastics (Black
Flag Group).
Minor mineralisation, termed K2B, also occurs further west, on the contact
between the Victorious basalt and Bent Tree Basalt (both part of the regional
upper Basalt Sequence). Additional mineralised structures include the K2E
and K2A veins, Polaris/Rubicon Breccia (Silicified and mineralised Shale) and
several other HW lodes adjacent to the main K2 structure.
A 60° W dipping fault offsets the K2B contact and exists as a zone of vein-
filled brecciated material hosting the Pode-style mineralisation in the Nugget
lode at Rubicon.
Drill hole
Information
A summary of all information material to the
understanding of the exploration results
including a tabulation of the following
information for all Material drill holes:
easting and northing of the drill hole
collar
elevation or RL (Reduced Level –
elevation above sea level in metres) of
the drill hole collar
dip and azimuth of the hole
down hole length and interception depth
hole length.
A summary of the data present in the RHP deposits can be found above.
The collar locations are presented in plots contained in the NSR 2021
resource report.
Drill holes vary in survey dip from +44 to -89 degrees, with hole depths
ranging from 10m to 1,413m with an average depth of 233m. The assay data
acquired from these holes are described in the NSR 2021 resource report.
All validated drill hole data was used directly or indirectly for the preparation of
the resource estimates described in the resource report.
If the exclusion of this information is justified
on the basis that the information is not
Material and this exclusion does not detract
from the understanding of the report, the
The exclusion of any drill hole data is not material to this report.

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Criteria JORC Code explanation Commentary
Competent Person should clearly explain
why this is the case.
Data
aggregation
methods
In reporting Exploration Results, weighting
averaging techniques, maximum and/or
minimum grade truncations (e.g., cutting of
high grades) and cut-off grades are usually
Material and should be stated.
All reported assay results have been length weighted to provide an
intersection width. A maximum of 2m of barren material (considered <2gpt)
between mineralised samples has been permitted in the calculation of these
widths. Typically grades over 2gpt are considered significant, however where
low grades are intersected in areas of known mineralisation, these will be
reported. No top-cutting is applied when reporting intersection results.
Where aggregate intercepts incorporate
short lengths of high grade results and
longer lengths of low grade results, the
procedure used for such aggregation should
be stated and some typical examples of
such aggregations should be shown in
detail.
Where an intersection incorporates short lengths of high grade results these
intersections will be reported in addition to the aggregate value. These will
typically take the form of ##.#m @ ##.#gpt including ##.#m @ ##.#gpt.
The assumptions used for any reporting of
metal equivalent values should be clearly
stated.
No metal equivalent values have been used for the reporting of these
exploration results.
Relationship
between
mineralisation
widths and
intercept
lengths
These relationships are particularly
important in the reporting of Exploration
Results:
True widths have been calculated for intersections of the known ore zones,
based on existing knowledge of the nature of these structures.
If the geometry of the mineralisation with
respect to the drill hole angle is known, its
nature should be reported.
Both the downhole width and true width have been clearly specified when
used.
If it is not known and only the down hole
lengths are reported, there should be a clear
statement to this effect (e.g., ‘down hole
length, true width not known’).
Both the downhole width and true width have been clearly specified when
used.
Diagrams Appropriate maps and sections (with scales)
and tabulations of intercepts should be
included for any significant discovery being
reported These should include, but not be
limited to a plan view of drill hole collar
locations and appropriate sectional views.
Appropriate plans and section have been included at the end of this table and
in the NSR 2021 resource report.
Balanced
reporting
Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and high
grades and/or widths should be practiced to
avoid misleading reporting of Exploration
Results.
Both high and low grades have been reported accurately, clearly identified
with the drill hole attributes and ‘From’ and ‘To’ depths.
Other
substantive
exploration
data
Other exploration data, if meaningful and
material, should be reported including (but
not limited to): geological observations;
geophysical survey results; geochemical
survey results; bulk samples – size and
method of treatment; metallurgical test
results; bulk density, groundwater,
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.
Fifteen geotechnical holes were drilled targeting several different areas
through lower Rubicon and Pegasus. Holes have been designed for seismic
monitoring. Holes were geologically logged to ensure no mineralisation was
intersected. Where mineralisation was intersected, appropriate sampling was
completed.

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Criteria JORC Code explanation Commentary
Further work The nature and scale of planned further work
(e.g., tests for lateral extensions or depth
extensions or large-scale step-out drilling).
Drilling will continue in various parts of the mine with the intention of extending
areas of known mineralisation. Areas of focus across RHP will be those down
dip of current high-grade trends on the K2 ahead of development. GC drilling
will also be conducted as required on a level-by-level basis.
Diagrams clearly highlighting the areas of
possible extensions, including the main
geological interpretations and future drilling
areas, provided this information is not
commercially sensitive.
Appropriate diagrams accompany this release and are detailed in the NSR
2021 resource report.

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DRAKE & RUBICON ORE LODES

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Cross section views of Drake and Rubicon ore lodes
.
Cross section views of Pegasus and Hornet ore lodes
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DRAKE RUBICON AND HORNET ORE LODES Long section views of Drake, Pegasus, Rubicon and Hornet ore lodes and data used in resource estimations

Section 3: Estimation and Reporting of Mineral Resources

(Criteria listed in section 1, and where relevant in section 2, also apply to this section.)

Criteria JORC Code explanation Commentary
Database
integrity
Measures taken to ensure that data has
not been corrupted by, for example,
transcription or keying errors, between its
initial collection and its use for Mineral
Resource estimation purposes.
Sampling and logging data are either recorded on paper and manually
entered into a database system or captured digitally via a logging laptop
and directly loaded into the database system. There are checks in place to
avoid duplicate holes and sample numbers. Where possible, raw data is
loaded directly into the database from laboratory and survey-tool derived
files.
Data validation procedures used. The complete exported data base including drill and face samples is
brought into Datamine and checked visually for any apparent errors i.e.,
holes or faces sitting between levels or not on surface DTM’s. Multiple
checks are then made on numerical data. This includes:

Empty table checks to ensure all relevant fields are populated

Unique collar location check

Distances between consecutive surveys is no more than 60m for drill-
holes

Differences in azimuth and dip between consecutive surveys of no more
than 0.3 degrees

The end of hole extrapolation from the last surveyed shot is no more
than 30m

Underground face sample lines are not greater than +- 5 degrees from
horizontal

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Criteria JORC Code explanation Commentary
Errors are corrected where possible. When not possible the data is
resource flagged as “No” in the database and the database is re-exported.
This data will not be used in the estimation process.
Several drilling programs completed between 2014 and 2016 had
erroneous metre depths recorded by the drillers, therefore these drill holes
have been omitted from the ore wireframe interpretations and flagged as
invalid. However, where there were no QAQC issue with the assays, the
correct intervals have been recorded, the translation in the easting direction
required for them to be in the ‘correct’ location (based on development
above and below) applied and these intervals were appended to the data
set before compositing.
The sample translation method has been applied to surface drilling in
between development levels which are deemed to cause an unrealistic kink
in the wireframe interpretation. This is only done after a thorough
investigation of the surrounding data to ensure that no secondary veining is
present in the footwall or hanging wall and that no separate lodes are
missed.
In addition to being Resource Flagged as “Yes” or “No”, drill holes are
assigned a Data Class, which provides a secondary level of confidence in
the data quality. Data Class (DC) values range from 0 to 3, with criteria
summarised below:

DC 3 = Recent data - all data high quality, validated and all original data
available.

DC 2 = Historic data - may or may not have all data in AcQuire or hard
copy available but has proximity to recent drilling which confirms the dip,
width and tenor which is used to assist in classification Or Recent data
- minor issues with data but away from the ore zone.

DC 1 = Historic data - same criteria as DC 2 but cannot be verified with
recent drilling, i.e., too far away, or dissimilar dip, width and/or tenor to
recent drilling. Not used in Resource estimate.

DC 0 = Historic data - no original information or new drilling in proximity
to verify. Not used in Resource estimate.
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
The geological interpretations underpinning these resource models were
prepared by geologists working in the mine who were in direct, daily contact
with the ore body. The estimation of grades was undertaken by personnel
familiar with the ore body and the general style of mineralisation
encountered. The Senior Resource Geologist, a Competent Person for
reviewing and signing off on the RHP and Drake estimates, maintained a
site presence throughout the process.
If no site visits have been undertaken
indicate why this is the case.
Not applicable
Geological
interpretation
Confidence in (or conversely, the
uncertainty of) the geological interpretation
of the mineral deposit.
The interpretation of the RHP and Drake deposits were carried out using a
systematic approach to ensure continuity of the geology and estimated
mineral resource. The confidence in the geological interpretation is high
and is supported with information acquired during ore development as well
as from underground and surface diamond drilling.
The interpretation of all RHP and Drake mineralised wireframes was
conducted using the sectional interpretation method in Datamine RM
software. All lodes have been interpreted in plan-view section. Where
development levels were present, sectional interpretation was completed at
approximately 5m spacing. Where only drilling data was present, sectional
interpretation was completed at approximately 10m - 20m spacing. Checks
were made to ensure that the wireframed volume agreed with the true ore
widths of drill hole intersections. As a rule, wireframe extrapolation was
limited to one half of the average drill spacing.

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Criteria JORC Code explanation Commentary
Nature of the data used and of any
assumptions made.
All available geological data was used in the interpretation including
mapping, drill holes, underground face channel data, 3D photogrammetry
and structural models.
The effect, if any, of alternative
interpretations on Mineral Resource
estimation.
Alternative interpretations are not considered, the mineralisation is well
defined and understood from underground exposures.
The use of geology in guiding and
controlling Mineral Resource estimation.
The interpretation of the RHP and Drake mineralisation is based on the
presence of mineralised structure (veining and shear), ore-bearing
mineralogy (gold and associated sulphides), assayed samples and
continuity between sections.
The factors affecting continuity both of
grade and geology.
Individual RHP and Drake mineralised structures are thought to be
reasonably continuous at the current drill spacing, as similar mineralisation
styles, structures and grade tenor exists between adjacent drillholes.
Post-mineralisation dextral offsetting faults (locally called D4 structures)
affect the continuity of the K2 structure. These structures are steep-dipping,
and the general trend is NNW-SSE. The largest is the Mary fault with a
~600m offset. The White Foil and Poseidon faults form the bounding
structures between the Hornet/Rubicon and Rubicon/Pegasus mine areas,
respectively. Offset on these structures varies between 1 and 10m. Many
smaller scale faults exist within the mining areas (especially at the southern
end of Hornet) although none have a material impact on the Resource
model.
Dimensions The extent and variability of the Mineral
Resource expressed as length (along
strike or otherwise), plan width, and depth
below surface to the upper and lower limits
of the Mineral Resource.
The strike length of the different ore systems varies from ~100m to 600m,
with the individual Rubicon Hornet, Pegasus, and Drake cmV structures
having the longest strike lengths. The individual ore bodies occur in a major
regional Zuleika shear system extending over tens of kilometres.
Ore body widths are typically in the range of 0.2 – 3.0m. The widest
orebody is Rubicon Nugget at approximately 7m. The narrowest is the K2B
(present at Rubicon, Hornet and Pegasus) at approximately 0.5m. The main
cmV structure has an average thickness of 0.65m.
Mineralisation is known to occur from the base of cover to ~1,000m below
surface. The structure is open at depth.
Estimation
and modelling
techniques
The nature and appropriateness of the
estimation technique(s) applied and key
assumptions, including treatment of
extreme grade values, domaining,
interpolation parameters and maximum
distance of extrapolation from data points.
If a computer assisted estimation method
was chosen include a description of
computer software and parameters used.
RHP and Drake mineralised zones with high data-density use direct grade
estimation by Ordinary Kriging (unless otherwise stated) supported by
composited sample data. Composite lengths of 1m were used for all lodes,
determined from statistical analysis of all sample lengths in the estimation
dataset. In smaller mineralised zones where construction of a coherent
variogram was not possible, Inverse Distance has been used. All estimation
was completed using Datamine RM software. Details of estimation by ore
lode is summarised below:
CMV(Rubicon, Hornet and Pegasus) - divided into two grade subdomains
based on data density: high density around development levels and lower
density for the remainder. Each domain was analysed for top cuts and had
variography completed separately. The high-density domain has search
ranges between 30m - 90m in direction 1, 20m - 65m in direction 2 and 15m
- 30m in direction 3. The low-density domain has search ranges between
50m – 200m for direction 1 and 30m – 150m for direction 2 and 18m - 100m
in direction 3, Three passes were used for estimation with distances based
on variography. Estimation was completed using a soft boundary between
the high and low-density domains and between adjacent cmV domains.
Restrictions by drill hole have been applied to the high-density domain and
restrictions by drill hole type have been applied to the low-density domain.
Rubicon cmV utilised a lower cut estimation (outline below) and was
restricted on a high-grade low-grade flag. This low cut estimation was

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Criteria JORC Code explanation Commentary
applied to samples < 3gpt and using a search of 30m in direction 1 and
20m in direction 2.
Hornet cmVcontains two additional subdomains, one based on grade and
the other on the weathering profile. The low-grade domain that was
analysed for top cuts and had variography completed separately. It
indicates grade continuity with search ranges of 90m in direction 1 and 60m
in direction 2. Three search passes were used. Restrictions by drill hole
have been applied. A semi-soft boundary has been applied between the
fresh and weathered domains of the Hornet cmV as boundary analysis
suggested neither a completely hard nor completely soft boundary. The
weathering domain was analysed for top cuts and had variography
completed separately, there was insufficient data for variographic analysis
therefore ID2was used for estimation. Three search passes were used.
Restriction by drill hole was applied.
Polaris(RHP) - Rubicon Polaris is divided into two subdomains based on
data density: high density around development levels and lower density
distant to development. For high density and low density domains in
Rubicon polaris has search distances of 45m & 50m in direction 1, 25m &
35m in direction 2 and 15m in direction 3. Pegasus Polaris is divided into an
additional two subdomains based on grade. These separate domains have
separate variography and topcuts. The high grade domain uses search
distances of 30m for direction 1, 30m for direction 2 and 15m for direction 3.
The low grade domain uses search distances of 20m for direction 1, 15m
for direction 2 and 10m for direction 3. Hornet Polaris comprises two
domains; Polaris North situated proximal to northern Hornet development
and Polaris situated proximal to southern Hornet development. Each
domain was analysed for top cuts and had variography completed
separately. Rubicon Polaris is a singular lode and has search distances of
40m for direction 1 and 30m for direction 2 in the high data density domain
and 110m for direction 1 and 90m for direction 2 in the low data density
domain. Pegasus Polaris has search distances of 50m for direction 1 and
35m for direction 2 in the high grade domain and search distances of 40m
for direction 1 and 30m for direction 2 in the low-grade domain. Hornet
Polaris has search distances of 45m for direction 1 and 30m for direction 2
in Polaris North and 45m for direction 1 and 40m for direction 2 in Polaris.
Three search passes were used in all domains. Restrictions by drill hole
were applied to both Hornet Polaris domains. No restrictions were applied
to Pegasus Polaris domains.
K2E(RHP) - Rubicon K2E is divided into two subdomains based on data
density: high density around development levels and lower density distant
to development. Pegasus K2E is divided into two domains (K2E and K2E
Lower) based on two spatially separate areas of similar data density.
Hornet K2E comprises two domains: A northern Hornet K2E proximal to
northern Hornet development and a Hornet K2E proximal to southern
Hornet development. Each domain was analysed for top cuts and had
variography completed separately. Rubicon K2E has search distances of
35m for direction 1 and 35m for direction 2 in the high data density domain
and 165m for direction 1 and 85m for direction 2 in the low data density
domain. Pegasus K2E has search distances of 50m for direction 1 and 30m
for direction 2 for both the upper and lower domains. Hornet K2E domains
have search distances of 40m for direction 1 and 20m for direction 2 for the
high data density domain and 65m for direction 1 and 40m for direction 2 in
the low density domain. Three search passes were used in all domains.
Restrictions by drill hole type were applied to both domains in the Rubicon
K2E. Restrictions by drill hole were applied to Pegasus and Hornet K2E.
K2B(Rubicon and Hornet) - Rubicon and Hornet K2B divided into two
subdomains based on data density. Each domain was analysed for top cuts
and had variography completed separately. All Rubicon K2B domains have
search distances of 70m for direction 1 and 40m for direction 2. Hornet K2B
has search distances of 80m for direction 1 and 60m for direction 2 for the
high-density subdomain and 250m for direction 1 and 200m for direction 2
for the low-density subdomain. Three search passes were used in all
domains. Estimation was completed using a soft boundary between the
high and low-density subdomains. No restrictions by drill hole or drill hole
type have been applied.

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Criteria JORC Code explanation Commentary
Nugget(Rubicon)- includes one domain which was top cut and had
variography analysis completed with ranges of 80m in direction 1 and 40m
in direction 2. Restriction by drill hole was applied.
Footwall(Rubicon and Hornet) – Rubicon footwall is divided into two
subdomains based on data density: high density around development levels
and lower density for the remainder. High data density uses search
directions of 20m for direction 1 and 2. The lower data density domain has
search distances of 60m for direction 1 and 55m for direction 2. Each
domain was analysed for top cuts and had variography completed
separately. Hornet footwall comprises two domains in upper and lower
levels – Hornet foot wall and hornet footwall upper. Hornet footwall domain
has a search distance of 40m for direction 1 and 30m for direction 2. Hornet
Footwall upper had uses search distances of 40m in direction 1 and 20m in
direction 2. Three search passes were used in all domains. Estimation was
completed using a soft boundary between the Rubicon footwall high and
low-density subdomains. Restriction by drill hole type was applied to both
Rubicon and Hornet footwall restriction by drillhole ID was used for Hornet
footwall upper.
Belle(Pegasus) – includes one domain which was not top cut and had
variography analysis with ranges of 50m in direction 1 and 15m in direction
2. Three search passes were used. Restriction by drill hole was applied.
FWVN(Pegasus) – includes one domain which was not top cut. There was
insufficient data for variographic analysis therefore ID2was used for
estimation. Pegasus cmV variography with NNW plunge direction was used
for rotation angles in the ID2estimate. Three search passes were used.
Restriction by drill hole was applied.
INTW(Pegasus) – includes one domain which was top cut. There was
insufficient data for variographic analysis therefore isotropic search was
used for estimation. Three search passes were used. Restriction by drill
hole was applied.
CMV(Drake)- divided into two subdomains based on data density: high
density near surface and lower density at depth. Both domains were
analysed for top cuts and had variography completed. Each domain has a
search distance of 200m for direction 1 and 150m for direction 2. Three
search passes were used. Estimation was completed using a soft boundary
between the high and low-density domains and between adjacent cmV
domains (Moonbeam to the north and Pegasus to the south). No
restrictions by drill hole or drill hole type have been applied.
Halo(Drake) – divided into the Hanging wall (HW) and Footwall (FW)
domains either side of the Drake cmV. Both domains were analysed for top
cuts separately. Drake cmV variography was used. Three search passes
were used. No restrictions by drill hole or drill hole type have been applied.
HORVQ, ALT1, ALT2, ALT3, ALT4, ALT5, LEAF, HONEY(Hornet) – all
comprised single estimation domains and had variographic analysis
completed. All domains used ranges of 20m – 80m in direction 1 and 20m –
50m in direction 2. Three search passes were used. All lodes were
restricted by drillhole.
Caesar(Rubicon) comprised of one estimation domain and had
variographic analysis completed. This domain used ranges of 130m for
direction 1 and 80m for direction 2.
RK2BFW(Rubicon) comprised of one estimation domain. There was
insufficient data for variographic analysis therefore ID2 search was used.
This domain used ranges of 15m for direction 1 and 7.5m for direction 2.
This estimate was restricted by drillhole.
Hophw & hopfw(Hornet) Hornet open pit foot wall and Hornet open pit
hanging wall each consisted of a single estimation domain. These has

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Criteria JORC Code explanation Commentary
separate top cut and variographic analysis. Both HOPFW and HOPHW
used search ranges of 70m for direction 1 and 40m for direction 2.
SPGN(Hornet) comprised of one estimation domain, which was top cut and
had variography analysis completed with ranges of 50m in direction 1 and
30m in direction 2.
F18(Hornet) comprised of one estimation domain, which was top cut, there
was insufficient data for variographic analysis therefore ID2was used for
estimation. Three search passes were used. No restrictions by drill hole or
drill hole type have been applied.
MFZ(Hornet) comprised of one estimation domain, which was top cut.
There was insufficient data for variographic analysis therefore ID2was used
for estimation. Hornet cmV variography orientation was used for rotation
angles in the ID2estimate. Estimation was completed using a soft boundary
between adjacent cmV domains. This estimate was restricted by drillhole.
The availability of check estimates,
previous estimates and/or mine production
records and whether the Mineral Resource
Estimate takes appropriate account of
such data.
Check estimates have been completed for all lodes. These include Inverse
Distance (ID) and Nearest Neighbour (NN) estimates. Isotropic searches
have also been tested to corroborate chosen search orientations.
All mineralised zones at RHP and Drake for the current estimate were
compared with previous grade and resource models. This allowed a
comparison of tonnes and gold grade for each zone and an overall global
comparison.
The assumptions made regarding recovery
of by-products.
No assumptions have been made.
Estimation of deleterious elements or other
non-grade variables of economic
significance (e.g., sulphur for acid mine
drainage characterisation).
No deleterious elements were estimated in these models.
In the case of block model interpolation,
the block size in relation to the average
sample spacing and the search employed.
Block sizes varied depending on sample density. In areas of high data
density (underground face samples with average spacing of 3m – 4m) a 5m
x 5m x 5m block size was chosen. Low density drill spacing is defined as
approximately 30m or greater and a 10m x 10m x 10m block size was
chosen.
Estimates were completed with soft boundaries between varying block size
estimates unless a geological feature and contact analysis indicated a hard
boundary was required and added together following individual estimation
for final validations.
Search ellipse dimensions were derived from the variogram model ranges,
or isotropic ranges based on data density where insufficient data was
present for variography analysis.
Any assumptions behind modelling of
selective mining units.
Selective mining units were not used during the estimation process.
Any assumptions about correlation
between variables.
All variables were estimated independently of each other. Density has used
estimation parameters based on the equivalent gold estimation for that
domain.
Description of how the geological
interpretation was used to control the
resource estimates.
Hanging wall and footwall wireframe surfaces were created using sectional
interpretation. These were used to define the RHP and Drake mineralised
zones based on the geology (usually a quartz vein) and gold grade.

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Criteria JORC Code explanation Commentary
CMV (RHP and Drake) - Steeply dipping structure with quartz veining
evident from drilling and development.
MFZ (Hornet) – Faulted and stepped cmV-style mineralisation in the Mary
Fault Zone. Laminated quartz-vein present but fractured by late-stage
faulting.
Polaris (RHP)- Steeply dipping silicified shale structure in the hanging-wall
of the cmV with quartz stringers evident from drilling and underground
development.
K2E (RHP)- Steeply dipping hangingwall structure with quartz veining
evident from drilling and underground development.
K2B (Rubicon/Hornet)- Steeply dipping hangingwall structure with quartz
veining evident from drilling and underground development.
Bell/Nugget/Nugget3 (Pegasus/Rubicon) – Low angled dilatational fault
zones with quartz veining evident from drilling and underground
development.
Honey, Alteration 1/2/3/4/5, HORVQ/Caesar/F18/SPGN (Hornet
hangingwall mineralised zones) - Sheared and silicified shale with quartz
stringers evident from drilling and underground development.
Halo (Drake)- Steeply dipping hangingwall and footwall brecciated veining
and shearing directly adjacent to the Drake cmV.
For mine planning purposes a waste model is created by projecting the
hanging wall and footwall surfaces 15m either side. A default grade of
0.1gpt is assigned and the same resource classification as the adjacent ore
lode is applied.
Discussion of basis for using or not using
grade cutting or capping.
Top cuts were applied to the composited sample data with the intention of
reducing the impact of outlier values on the average grade. Top cuts vary
by domain (ranging from 4gpt to 250gpt for individual domains).
The top cut values are applied in several steps, using influence limitation
top capping. A top cut (AU) and non-top cut (_NC) variable is created, as
well as a spatial variable (
_IL) which only has values where the top cut
values appear; this applies to gold top cutting only. For example, where
gold requires a top cut, the following variables will be created and
estimated:

AU (top cut gold)

AU_NC (non- top-cut gold)

AU_IL (spatial variable; values present where AU data is top cut)
The top-cut and non-top cut values are estimated using search ranges
based on the modelled gold variogram, and the _IL values estimated using
very small ranges (e.g., 5m x 5m x 5m). Where the
_IL values produce
estimated blocks within these restricted ranges, the _NC estimated values
replace the original top cut estimated values (AU).
The same principle has been applied to produce a ‘lower-cut’ to the
composited sample data with the intention of limiting the impact of high-
grade samples on genuine low-grade areas, especially where there is an
order of magnitude difference in assayed grade. A spatial variable (
_LC) is
created using the non-top cut (_NC) variable which only has values where
the low-cut values appear; this applies to gold low cutting only. For
example, where gold requires a low cut, the following variables will be
created and estimated:

AU_NC (non- cut gold)

AU_LC (spatial variable; values present where AU data is low-cut)
The non-top cut values are estimated using search ranges based on the
modelled gold variogram, and the
_LC values estimated using small

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Criteria JORC Code explanation Commentary
ranges (e.g., 30m x 20m x 15m). Where the _LC values produce estimated
blocks within these restricted ranges, the
_LC estimated values replace the
original top cut estimated values (AU). Multiple iterations are tested with
different search distance and minimum sample fulfillments applied.
A hard top cut is applied instead of/as well in the following situations:

If there are extreme outliers within an ore domain

If the area has a history of poor reconciliation (i.e., overcalling)
The process of validation, the checking
process used, the comparison of model
data to drill hole data, and use of
reconciliation data if available.
Statistical measures of Kriging error, such as Kriging Efficiency and Slope
of Regression, are used to assess the quality of the estimation for each
domain.
Differences between the declustered, top-cut composite data set and the
average model grade must be within 10%.
Swath plots comparing declustered, top-cut composites to block model
grades are created and visual plots are prepared summarising the critical
model parameters.
Visually, block grades are assessed against drill hole and face data.
Moisture Whether the tonnages are estimated on a
dry basis or with natural moisture, and the
method of determination of the moisture
content.
Tonnages are estimated on a dry basis.
Cut-off
parameters
The basis of the adopted cut-off grade(s)
or quality parameters applied.
Drake and Rubicon comprise only an Underground Resource. This has
been reported at a 2.13gpt cut off within 2.5m minimum mining width MSOs
using a $AUD2,250/oz gold price.
Hornet and Pegasus have Open Pit and Underground Resources reported.
The Open Pit Hornet and Pegasus Resources are reported above a
$AUD2,250/oz optimised pit shell within SMUs of 2.5m x 2.5m x 2.5m. Cut-
off grade used for Open Pit reporting is 1.08gpt.
The Underground Hornet and Pegasus Resources are reported beneath the
$AUD2,250/oz optimised pit shell, at a 2.13 /pt cut off within 2.5m minimum
mining width MSOs.
Mining factors
or
assumptions
Assumptions made regarding possible
mining methods, minimum mining
dimensions and internal (or, if applicable,
external) mining dilution. It is always
necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential mining methods, but the
assumptions made regarding mining
methods and parameters when estimating
Mineral Resources may not always be
rigorous. Where this is the case, this
should be reported with an explanation of
the basis of the mining assumptions made.
No mining assumptions have been made during the resource wireframing
or estimation process.
Metallurgical
factors or
assumptions
The basis for assumptions or predictions
regarding metallurgical amenability. It is
always necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential metallurgical methods, but the
assumptions regarding metallurgical
treatment processes and parameters made
Metallurgical test work results show that the mineralisation is amendable to
processing through the Kanowna Belle treatment plant.
Ore processing throughput and recovery parameters were estimated based
on historic and current performance and potential improvements available
using current technologies and practices.

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Criteria JORC Code explanation Commentary
when reporting Mineral Resources may not
always be rigorous. Where this is the case,
this should be reported with an explanation
of the basis of the metallurgical
assumptions made.
Environmental
factors or
assumptions
Assumptions made regarding possible
waste and process residue disposal
options. It is always necessary as part of
the process of determining reasonable
prospects for eventual economic extraction
to consider the potential environmental
impacts of the mining and processing
operation. While at this stage the
determination of potential environmental
impacts, particularly for a green fields
project, may not always be well advanced,
the status of early consideration of these
potential environmental impacts should be
reported. Where these aspects have not
been considered this should be reported
with an explanation of the environmental
assumptions made.
A “Licence to Operate” is held by the operation which is issued under the
requirement of the “Environmental Protection Act 1986”, administered by
the Department of Environment (DoE). The licence stipulates environmental
conditions for the control of air quality, solid waste management, water
quality, and general conditions for operation. Groundwater Licences are
held for water abstraction, including production bore field water use for
mineral processing, and mine dewatering, in accordance with the Rights in
Water and Irrigation Act 1914. These Licences are also regulated by DoE
and are renewable on a regular basis. Kanowna Operations conduct
extensive environmental monitoring and management programs to ensure
compliance with the requirements of the licences and lease conditions. An
Environmental Management System is in place to ensure that Northern Star
employees and contractors meet or exceed environmental compliance
requirements.
The Kalgoorlie operations are fully permitted including groundwater
extraction and dewatering, removal of vegetation, mineral processing, and
open pits.
Kalgoorlie Operations have been compliant with the International Cyanide
Management Code since 2008.
Compliance with air quality permits is particularly important at Kanowna
because of the roaster operation. Kanowna has a management program in
place to minimize the impact of SO2on regional air quality and ensure
compliance with regulatory limits.
Bulk density Whether assumed or determined. If
assumed, the basis for the assumptions. If
determined, the method used, whether wet
or dry, the frequency of the measurements,
the nature, size and representativeness of
the samples.
A thorough investigation into average density values for the various
lithological units at RHP and Drake was completed and the mean densities
by lithology were coded into the database. Where there were no
measurements for a specific lithology and default of 2.8 t/m3was applied.
Density was then estimated by Ordinary Kriging using the associated gold
estimation parameters for that domain. Post estimation, default density
values for the oxide and transitional zones were applied, based on regional
averages.
The bulk density for bulk material must
have been measured by methods that
adequately account for void spaces (vugs,
porosity, etc.), moisture and differences
between rock and alteration zones within
the deposit.
No significant voids are encountered in the ore zones and underground
environment
Discuss assumptions for bulk density
estimates used in the evaluation process
of the different materials.
Assumptions on the average bulk density of individual lithologies, based on
7,543 bulk density measurements at RHP and Drake. Assumptions were
also made based on regional averages, on the default densities applied to
oxide (1.8 t/m³) and transitional (2.3 t/m³) material, due to a lack of data in
these zones.
Classification The basis for the classification of the
Mineral Resources into varying confidence
categories.
Classification is based on a series of factors including:

Geologic grade continuity

Density of available drilling

Statistical evaluation of the quality of the kriged estimate

Confidence in historical data, based on the new Data Class system
Whether appropriate account has been
taken of all relevant factors (i.e., relative
confidence in tonnage/grade estimations,
All relevant factors have been given due weighting during the classification
process.

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Criteria JORC Code explanation Commentary
reliability of input data, confidence in
continuity of geology and metal values,
quality, quantity and distribution of the
data).
Whether the result appropriately reflects
the Competent Person’s view of the
deposit.
The resource estimation methodology is considered appropriate, and the
estimated grades reflect the Competent Persons view of the deposit.
Audits or
reviews
The results of any audits or reviews of
Mineral Resource Estimates.
All resource models have been subjected to internal peer review.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in
the Mineral Resource Estimate using an
approach or procedure deemed
appropriate by the Competent Person. For
example, the application of statistical or
geostatistical procedures to quantify the
relative accuracy of the resource within
stated confidence limits, or, if such an
approach is not deemed appropriate, a
qualitative discussion of the factors that
could affect the relative accuracy and
confidence of the estimate.
These Mineral Resource Estimates are considered as robust and
representative of the RHP and Drake styles of mineralisation. The relative
accuracy of the Mineral Resource Estimate is reflected in the reporting of
the Mineral Resource as per the guidelines of the 2012 JORC Code.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
economic evaluation. Documentation
should include assumptions made and the
procedures used.
The statement relates to global estimates of tonnes and grade.
These statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
No reconciliation factors are applied to the resource post-modelling.

Section 4: Estimation and Reporting of Ore Reserves

(Criteria listed in section 1, and where relevant in sections 2 and 3, also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
Resource
Estimate for
conversion to
Ore Reserves
Description of the Mineral Resource
Estimate used as a basis for the
conversion to an Ore Reserve.
Northern Star 2021MY Resource.
Clear statement as to whether the Mineral
Resources are reported additional to, or
inclusive of, the Ore Reserves.
The Mineral Resources are reported inclusive of the Ore Reserve.
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
Site visits have been undertaken by the competent person.

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Criteria JORC Code explanation Commentary
If no site visits have been undertaken
indicate why this is the case.
Site visits are undertaken.
Study status The type and level of study undertaken to
enable Mineral Resources to be converted
to Ore Reserves.
Feasibility Study.
The Code requires that a study to at least
Pre-Feasibility Study level has been
undertaken to convert Mineral Resources
to Ore Reserves. Such studies will have
been carried out and will have determined
a mine plan that is technically achievable
and economically viable, and that material
Modifying Factors have been considered.
Upgrade of previous Ore Reserve.
Cut-off
parameters
The basis of the cut-off grade(s) or quality
parameters applied.
Underground
Budget costs and physicals form the basis for Cut Off Grade calculations.
Mill recovery is calculated based on historical recoveries achieved.
Various cut off grades are calculated including a break-even cut-off grade
(BCOG), variable cut-off grade (VCOG) and Mill cut-off grade (MCOG). The
VCOG is used as the basis for stope design, with areas requiring significant
development assessed by detailed financial analysis to confirm their
profitability.
Open Pit
The pit cut-off grade has been calculated based on the key input
components (processing, recovery and administration).
Forward looking forecast costs and physicals form the basis of the cut-off
grade calculations. The AUD gold price as per corporate guidance. Mill
recovery factors are based on historical data and metallurgical test work.
Mining factors
or
assumptions
The method and assumptions used as
reported in the Pre-Feasibility or Feasibility
Study to convert the Mineral Resource to
an Ore Reserve (i.e., either by application
of appropriate factors by optimisation or by
preliminary or detailed design).
Underground
Mineral Resource is converted to Ore Reserve after completing a detailed
mine design and associated financial assessment.
Open Pit
Ore Reserves have been calculated by generating detailed mining shapes
for the proposed open pit. All open pit mining shapes include planned and
unplanned dilution, being waste material that is located within the minable
shape.
Open pit unplanned dilution has been modelled within the mining shapes as
a skin of material likely to be taken additional to material considered to be
the smallest mining unit (SMU). This method is considered to be
appropriate given the expected ground conditions, orebody width and
proposed mining style.
The choice, nature and appropriateness of
the selected mining method(s) and other
mining parameters including associated
design issues such as pre-strip, access,
etc.
Underground
Selected mining method deemed appropriate as it has been used at
Raleigh since 2005 & Rubicon / Hornet / Pegasus since 2012.
Open Pit

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Criteria JORC Code explanation Commentary
The proposed open pit is to be mined using conventional open pit mining
methods (drill, blast, load and haul) by a mining contractor utilising 120 t
class excavators and 90 t trucks. This method is used widely in mines
across Western Australia and is deemed appropriate given the nature of the
ore body.
The assumptions made regarding
geotechnical parameters (e.g., pit slopes,
stope sizes, etc.), grade control and pre-
production drilling.
Underground
Design parameters include a 20m to 25m level spacing with a stope strike
length of 15m to 20m for dilution control purposes. This correlates to a
Hydraulic Radius of 4.3 to 4.9.
Open Pit
Pit slope design parameters are based on recommendations provided from
geotechnical reviews and defined considering expected rock type,
weathering profile and depth below surface.
The major assumptions made and Mineral
Resource model used for pit and stope
optimisation (if appropriate).
This Table 1 applies to both underground and open pit mining. A detailed
interface review was conducted to ensure separation between underground
and open pit Reserve material.
The mining dilution factors used. Underground
For the reporting of Underground Reserve physicals, a mining recovery
factor of 97.5% is applied to Pegasus, 92.5% applied Hornet, 95% is
applied to Rubicon based on historical data. A recovery of 90% was applied
to future Trans-cad and 80% applied to Retrofit Trans-cad
Open Pit
Physicals are reported within the generated mining shapes for the open pit
Ore Reserve. SMU shapes have been generated for the reporting of Ore
Reserve physicals. Dilution accounted for within the SMU is 75%; that is
waste material carried within the mining shape.
The mining recovery factors used. For the reporting of Underground Reserve physicals, a mining recovery
factor of 98.5% is applied to Pegasus and Hornet, 94% is applied to
Rubicon based on historical data.
No recovery factors were applied for the reporting of Open pit Reserve
physicals. Mining recovery is considered to be 100% of the SMU.
Any minimum mining widths used. At Rubicon, Hornet, and Pegasus: Minimum stope width of 3.0m where the
vein is less than 2m wide. 1m additional to vein width when greater than 2m
wide.
The minimum minable selective mining unit (SMU) dimensions for the Open
pit Reserve Estimate are 3.5m Wide x 2.5m High x 4.0m Long.
The manner in which Inferred Mineral
Resources are utilised in mining studies
and the sensitivity of the outcome to their
inclusion.
Designed stopes with greater than 50% inferred blocks are excluded from
the reported Reserve.
Inferred material has not been included within the Open pit Ore Reserve
estimate (treated as waste) but has been considered in LOM planning. The
amount of inferred material has no impact on the sensitivity of the project.
The infrastructure requirements of the
selected mining methods.
Infrastructure in place, currently an operating mine.

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Criteria JORC Code explanation Commentary
Metallurgical
factors or
assumptions
The metallurgical process proposed and
the appropriateness of that process to the
style of mineralisation.
EKJV ore is treated at the Kanowna Belle milling facilities or additional ore
to toll treatment facilities as required. The Kanowna Belle Mill is designed to
handle approximately 2.0 million tonnes of feed per annum. The plant has
the capability to treat both refractory and free milling ores, through either
using the flotation circuit and associated concentrate roaster circuit,
including carbon-in-leach (CIL) gold recovery, or bypassing the flotation
circuit and going directly to a CIL circuit designed to treat flotation tails. The
plant campaigns both refractory and free milling ores every month. Between
campaigns, the circuit is “cleaned out” using mineralised waste. The plant is
made up of crushing, grinding, gravity gold recovery, flotation, roasting, CIL,
elution and gold recovery circuits.
Ore Reserves are calculated using processing plant recovery factors that
are based on test work and historical performance.
Whether the metallurgical process is well-
tested technology or novel in nature.
Milling experience gained over plus 10 years operation.
The nature, amount and
representativeness of metallurgical test
work undertaken, the nature of the
metallurgical domaining applied and the
corresponding metallurgical recovery
factors applied.
Milling experience gained over plus 10 years operation.
Any assumptions or allowances made for
deleterious elements.
No assumption made.
The existence of any bulk sample or pilot
scale test work and the degree to which
such samples are considered
representative of the orebody.
Milling experience gained over plus 10 years operation.
For minerals that are defined by a
specification, has the ore Reserve
estimation been based on the appropriate
mineralogy to meet the specifications?
Not applicable.
Environmental The status of studies of potential
environmental impacts of the mining and
processing operation. Details of waste rock
characterisation and the consideration of
potential sites, status of design options
considered and, where applicable, the
status of approvals for process residue
storage and waste dumps should be
reported.
Underground
Rubicon, Hornet, Pegasus operations are currently compliant with all legal
and regulatory requirements. All government permits and Licences and
statutory approvals are granted.
Open Pit
Environmental impacts and hazards are being considered as part of the
DMIRS application process. Waste rock characterisation and
hydrogeological investigations indicates the rock mass is considered non-
acid forming.
Tailings from the open pit operation are proposed to be stored within the
existing Tailings Storage Facility (TSF) at Kanowna Belle.
A previously granted clearing permit has expired. This will be re-applied for
and expected to be granted closer to expected start of the pit.
Infrastructure The existence of appropriate infrastructure:
availability of land for plant development,
power, water, transportation (particularly
for bulk commodities), labour,
accommodation; or the ease with which
All current site infrastructure is suitable to the proposed underground
operations mining plan. Additional infrastructure is planned for the Hornet
Open pit and has been allowed for in the financial model.

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Criteria JORC Code explanation Commentary
the infrastructure can be provided or
accessed.
Costs The derivation of, or assumptions made,
regarding projected capital costs in the
study.
Mine development capital cost based on historical performance on site and
life-of-mine forward planning. Plant and equipment capital are based on site
experience and the LOM plan.
The methodology used to estimate
operating costs.
Underground overhead costs and operational costs are projected forward
on a first principles modelling basis.
The estimation of Open pit mine operating costs was based on a contractor
mining and maintenance operation using first principles to determine
equipment productivities and associated operating hours to generate mine
schedules. Provided contract pricing were than applied to the schedule to
calculate all unit costs.
Allowances made for the content of
deleterious elements.
No allowances made.
The derivation of assumptions made of
metal or commodity price(s), for the
principal minerals and co- products.
Corporate guidance.
The source of exchange rates used in the
study.
Corporate guidance.
Derivation of transportation charges. Historic performance.
The basis for forecasting or source of
treatment and refining charges, penalties
for failure to meet specification, etc.
Historic performance.
The allowances made for royalties
payable, both Government and private.
All royalties are built into the cost model.
Revenue
factors
The derivation of, or assumptions made
regarding revenue factors including head
grade, metal or commodity price(s)
exchange rates, transportation and
treatment charges, penalties, net smelter
returns, etc.
A$1,750/oz gold.
The derivation of assumptions made of
metal or commodity price(s), for the
principal metals, minerals and co-products.
Corporate guidance.
Market
assessment
The demand, supply and stock situation for
the particular commodity, consumption
trends and factors likely to affect supply
and demand into the future.
All gold is assumed sold directly to market at the nominated Corporate gold
price.
A customer and competitor analysis along
with the identification of likely market
windows for the product.
Not Applicable.

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Criteria JORC Code explanation Commentary
Price and volume forecasts and the basis
for these forecasts.
Corporate guidance.
For industrial minerals the customer
specification, testing and acceptance
requirements prior to a supply contract.
Not Applicable.
Economic The inputs to the economic analysis to
produce the net present value (NPV) in the
study, the source and confidence of these
economic inputs including estimated
inflation, discount rate, etc.
All costs assumptions are made based on historical performance from the
mine and current economic forecast seen as representative of current
market conditions.
The Open pit Ore Reserve estimate is based on a financial model for that
has been prepared at a “pre-feasibility study” level of accuracy economic
modelling. All inputs from mining operations, processing, transportation,
and capital have been scheduled and evaluated to generate a full life of
mine cost model.
NPV ranges and sensitivity to variations in
the significant assumptions and inputs.
Sensitivities have been used with gold price ranges of A$1,500 to A$2,000
per ounce.
Social The status of agreements with key
stakeholders and matters leading to social
Licence to operate.
Agreements are in place and are current with all key stakeholders.
Other To the extent relevant, the impact of the
following on the project and/or on the
estimation and classification of the Ore
Reserves:
No Issues.
Any identified material naturally occurring
risks.
No Issues.
The status of material legal agreements
and marketing arrangements.
No Issues.
The status of governmental agreements
and approvals critical to the viability of the
project, such as mineral tenement status,
and government and statutory approvals.
There must be reasonable grounds to
expect that all necessary Government
approvals will be received within the
timeframes anticipated in the Pre-
Feasibility or Feasibility study. Highlight
and discuss the materiality of any
unresolved matter that is dependent on a
third party on which extraction of the
Reserve is contingent.
No Issues.
All Open pit permitting was in place, but the clearing permit has expired.
This will be re-applied for and expected to be granted closer to expected
start of the pit.
Classification The basis for the classification of the Ore
Reserves into varying confidence
categories.
Ore Reserves classifications are derived from the underlying resource
model classifications – i.e., Measured Resource material is converted to
either Proved or Probable Reserves, with Indicated Resource material
converting to Probable Reserve.
Whether the result appropriately reflects
the Competent Person’s view of the
deposit.
The results accurately reflect the competent persons view of the deposit.

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Criteria JORC Code explanation Commentary
The proportion of Probable Ore Reserves
that have been derived from Measured
Mineral Resources (if any).
Nil.
Audits or
reviews
The results of any audits or reviews of Ore
Reserve estimates.
The Ore Reserve has been internally reviewed in line with Northern Star
Resource governance standard for Reserves and Resources. There have
been no external reviews of this Ore Reserve estimate.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in
the Ore Reserve estimate using an
approach or procedure deemed
appropriate by the Competent Person. For
example, the application of statistical or
geostatistical procedures to quantify the
relative accuracy of the Reserve within
stated confidence limits, or, if such an
approach is not deemed appropriate, a
qualitative discussion of the factors which
could affect the relative accuracy and
confidence of the estimate.
Confidence in the model and Ore Reserve Estimate is considered high
based on current mine and reconciliation performance.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
economic evaluation. Documentation
should include assumptions made and the
procedures used.
Estimates are global but will be reasonably accurate on a local scale.
Accuracy and confidence discussions
should extend to specific discussions of
any applied Modifying Factors that may
have a material impact on Ore Reserve
viability, or for which there are remaining
areas of uncertainty at the current study
stage.
Not applicable.
It is recognised that this may not be
possible or appropriate in all
circumstances. These statements of
relative accuracy and confidence of the
estimate should be compared with
production data, where available.
Historical reconciliation of Rubicon, Hornet and Pegasus mine production
has been used in the generation both the underlying Mineral Resource
Estimate and subsequent modifying factors applied to develop an Ore
Reserve.

JORC Code, 2012 Edition – Table 1 Report

Kundana Area Deposits (Pode and Hera): Resources and Reserves – 31 March 2021

Section 1: Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria JORC Code explanation Commentary
Sampling
techniques
Nature and quality of sampling (e.g., cut
channels, random chips, or specific
specialised industry standard measurement
tools appropriate to the minerals under
investigation, such as down hole gamma
A combination of sample types were used to collect material for analysis;
underground and surface diamond drilling (DD), surface Reverse Circulation
drilling (RC) and face channel (FC) sampling. Tabulated statistics below

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Criteria JORC Code explanation Commentary
sondes, or handheld XRF instruments, etc.).
These examples should not be taken as
limiting the broad meaning of sampling.
include the Hornet, Rubicon, Pegasus, Drake trend. A more detailed
breakdown will be made available in the Pode/Hera 2021 Resource Report.
Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any measurement
tools or systems used.
DD drilling is sampled within geological boundaries with a minimum (0.3m)
and maximum (1.0m) sample length. Face channel sampling is constrained
within geological and mineralised boundaries with a minimum (0.2m) and
maximum (1.0m) channel sample length. In some cases, smaller samples
(0.1m – 0.2m) have been taken to account for narrower structures in the
face. Where possible, face sampling is conducted from channels
perpendicular to the vein structure.
Aspects of the determination of
mineralisation that are Material to the Public
Report. In cases where ‘industry standard’
work has been done this would be relatively
simple (e.g., ‘reverse circulation drilling was
used to obtain 1m samples from which 3kg
was pulverised to produce a 30g charge for
fire assay’). In other cases, more
explanation may be required, such as where
there is coarse gold that has inherent
sampling problems. Unusual commodities or
mineralisation types (e.g., submarine
nodules) may warrant disclosure of detailed
information.
DD drill core was nominated for either half core or full core sampling.
Samples designated for half core were cut using an automated core saw.
The mass of material collected was dependent on the drillhole diameter and
sampling interval selected.
A sample size of at least 3kg of material was targeted for each face sample
interval.
All samples were delivered to a commercial laboratory where they were dried
and crushed to 90% of material ≤3mm. At this point, samples greater than
3kg were split using a rotary splitter, then pulverised to 90% ≤75µm.
A 40g charge was selected for fire assay for all recent samples. Historically,
charge weights of 50g have also been used.
Drilling
techniques
Drill type (e.g., core, reverse circulation,
open-hole hammer, rotary air blast, auger,
Bangka, sonic, etc.) and details (e.g., core
diameter, triple or standard tube, depth of
diamond tails, face-sampling bit or other
type, whether core is oriented and if so, by
what method, etc.).
Both Reverse Circulation and Diamond Drilling techniques are used to drill
the Kundana deposits.
Surface diamond drillholes were completed using HQ2 (63.5mm), whilst
underground diamond drillholes were completed using NQ2 (50.5mm).
Historically, core was orientated using the Reflex ACT Core orientation
system. Currently, core is orientated using the Boart Longyear Trucore Core
Orientation system.
RC Drilling was completed using a 5.75” drill bit, downsized to 5.25” at depth.
In many cases RC pre-collars were drilled, followed by diamond tails. Pre-
collar depth was determined in the drill design phase.
Drill
sample
recovery
Method of recording and assessing core and
chip sample recoveries and results
assessed.
For DD drilling, any core loss is recorded on the core block by the driller. This
is then captured by the logging geologist and entered as an interval into the
hole log.
Measures taken to maximise sample
recovery and ensure representative nature
of the samples.
Contractors adjust the rate and method of drilling if recovery issues arise. All
recovery is recorded by the drillers on core blocks. This is checked and
compared to the measurements of the core by the geological team. Any
issues are communicated back to the drilling contractor.
Whether a relationship exists between
sample recovery and grade and whether
Recovery was excellent for diamond core and no relationship between grade
and recovery was observed. Average recovery across the Kundana camp is
at 99%. No specific areas within Pode had issues with recovery.

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Criteria JORC Code explanation Commentary
sample bias may have occurred due to
preferential loss/gain of fine/coarse material.
Logging Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate Mineral
Resource estimation, mining studies and
metallurgical studies.
All diamond core is logged for lithology, veining, alteration, mineralisation,
and structural data. Structural measurements of specific features are also
taken through oriented zones.
Logging is entered in AcQuire using a series of drop-down menus which
contain the appropriate codes for description of the rock.
All underground faces are logged for lithology and mineralisation. Logging is
captured on a face sample sheet underground which is then transferred to
AcQuire. Faces are then input into AcQuire using a series of drop-down
menus which contain appropriate codes for description of the rock.
Whether logging is qualitative or quantitative
in nature. Core (or costean, channel, etc.)
photography.
All core logging is qualitative with mineralised zones assayed for quantitative
measurements. Every core tray is photographed wet.
All underground faces are logged and sampled to provide both qualitative
and quantitative data. Faces are washed down and photographed before
sampling is completed.
The total length and percentage of the
relevant intersections logged.
For all drillholes, the entire length of the hole is logged.
Sub-
sampling
techniques
and sample
preparation
If core, whether cut or sawn and whether
quarter, half or all core taken.
Diamond core is cut using an automated core saw. Sampling and cutting
methodology is dependent on the type of drilling completed. Half core is
utilised for exploration drilling and Resource Definition drilling. Grade Control
and rare Resource Definition drill holes are whole core sampled.
If non-core, whether riffled, tube sampled,
rotary split, etc. and whether sampled wet or
dry.
RC samples are split using a rig-mounted cone splitter to collect a sample 3 -
4kg in size from each 1m interval. These samples were utilised for any zones
approaching known mineralization and from any areas identified as having
anomalous gold. Outside known mineralised zones spear samples were
taken over a 4m interval for composite sampling.
For all sample types, the nature, quality and
appropriateness of the sample preparation
technique.
Preparation of samples was conducted at Bureau Veritas’ Kalgoorlie
facilities; commencing with sorting, checking, and drying at less than 110°C
to prevent sulphide breakdown. Samples are jaw crushed to a nominal -6mm
particle size. If the sample is greater than 3kg a Boyd crusher with rotary
splitter is used to reduce the sample size to less than 3kg (typically 1.5kg) at
a nominal <3mm particle size.
The entire crushed sample (if less than 3kg) or sub-sample is then pulverised
to 90% ≤75µm, using a Labtechnics LM5 bowl pulveriser. 400g pulp
subsamples are then taken with an aluminium scoop and stored in labelled
pulp packets.
The sample preparation is considered appropriate for the deposit.
Quality control procedures adopted for all
sub-sampling stages to maximise
representivity of samples.
Standard procedures are used for all processes within the laboratory. Grind
checks are performed at both the crushing stage (3mm) and pulverising
stage (75µm), requiring 90% of material to pass through the relevant size.
Measures taken to ensure that the sampling
is representative of the in-situ material
collected, including for instance results for
field duplicate / second-half sampling.
Umpire sampling is performed monthly, where 3% of the samples are sent to
the umpire laboratory for processing. Umpire samples of faces were analysed
using a 40g charge weight.

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Criteria JORC Code explanation Commentary
Whether sample sizes are appropriate to the
grain size of the material being sampled.
The sample sizes are considered appropriate for the material being sampled.
Quality of
assay data
and
laboratory
tests
The nature, quality and appropriateness of
the assaying and laboratory procedures
used and whether the technique is
considered partial or total.
A 40g fire assay charge for diamond drillholes and a 40g charge for face
samples is used with a lead flux in the furnace. The prill is totally digested by
HCl and HNO3acids before Atomic Absorption Spectroscopy (AAS)
determination for gold analysis.
For geophysical tools, spectrometers,
handheld XRF instruments, etc., the
parameters used in determining the analysis
including instrument make and model,
reading times, calibrations factors applied
and their derivation, etc.
No geophysical tools were used to determine element concentrations.
Nature of quality control procedures adopted
(e.g., standards, blanks, duplicates, external
laboratory checks) and whether acceptable
levels of accuracy (i.e., lack of bias) and
precision have been established.
Certified reference materials (CRMs) are inserted into the sample sequence
randomly at a rate of 1 per 20 samples to ensure correct calibration. Any
values outside of 3 standard deviations are re-assayed with a new CRM.
Blanks are inserted into the sample sequence at a rate of 1 per 20 samples.
The insertion points are selected at random, except where high grade
mineralisation is expected. In these cases, a Blank is inserted after the high-
grade sample to test for contamination. Results greater than 0.2gpt if
received are investigated, and re-assayed if appropriate. New pulps are
prepared if anomalous results cannot be resolved.
Barren flushes are regularly inserted after anticipated high gold grades at the
pulverising stage.
No field duplicates were submitted for diamond core or face samples.
Pulp duplicates are requested after any ore zone. These are indicated on the
sample sheet and the submission sheet.
When visible gold is observed in core, a quartz flush is requested after the
sample.
Laboratory performance was monitored using the results from the QA
samples mentioned above. This was supplemented by the internal QA
samples used by the laboratories, which included pulp duplicates and CRMs.
The QA studies indicate that accuracy and precision are within industry
accepted limits.
Verification
of
sampling
and
assaying
The verification of significant intersections by
either independent or alternative company
personnel.
All significant intersections are verified by another Northern Star geologist
during the drill hole validation process, and later by a Competent Person to
be signed off.
The use of twinned holes. No twinned holes were drilled at Pode. Re-drilling of some drillholes has
occurred due to issues downhole (e.g., bogged rods). These have been
captured in the database with an ‘A’ suffix. Re-drilled holes are logged and
sampled, whilst the original drillhole is logged, but not sampled.
Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.
Geological logging and sampling are recorded directly into AcQuire. Assay
files are received in *.cvs format and loaded directly into the database using
an AcQuire importer object. Assays are then processed through a form in
AcQuire for QAQC checks. Hardcopy and noneditable electronic copies are
stored.
Discuss any adjustment to assay data. No adjustments have been made to this assay data.

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Criteria JORC Code explanation Commentary
Location of
data points
Accuracy and quality of surveys used to
locate drill holes (collar and down-hole
surveys), trenches, mine workings and other
locations used in Mineral Resource
estimation.
Planned holes are marked up by the mine survey department using a total
station survey instrument in mine grid (Kundana 10). The actual hole position
is then located by the mine survey department once drilling is completed. In
some cases, drillhole collar points are measured off survey stations if a mark-
up cannot be completed.
Holes are lined up on the collar point using the DHS Azimuth Aligner.
Planned azimuths and dips of the holes are downloaded to the aligner which
is then placed on the rod string to align the hole for drilling.
During drilling, single shot surveys are conducted every 30m to track the
deviation of the hole and to ensure it stays close to design. This is performed
using the DeviShot camera which measures the gravitational dip and
magnetic azimuth. Results are uploaded from the DeviShot software into a
*.cvs format which is then imported into the AcQuire database. At the
completion of the hole, a Multishot (using the DeviFlex non-magnetic strain
gauge instrument) survey is completed, taking measurements every 3m to
ensure accuracy of the hole. This is converted to csv format and imported
into the AcQuire database.
Specification of the grid system used. Collar coordinates are recorded in mine grid (Kundana 10) and transformed
into MGA94_51.
Quality and adequacy of topographic control. Quality topographic control has been achieved through Lidar data and survey
pickups of holes over the last 15 years.
Data
spacing
and
distribution
Data spacing for reporting of Exploration
Results.
Drillhole spacing varies across the deposit. Resource Targeting drilling at an
80m x 80m nominal spacing is infilled during Resource Definition drilling
down to an average of 30m x 30m. Grade Control drilling follows
development and is generally comprised of stab drilling from the
development drive at 10m to 15m drill centres.
Whether the data spacing, and distribution is
sufficient to establish the degree of
geological and grade continuity appropriate
for the Mineral Resource and Ore Reserve
estimation procedure(s) and classifications
applied.
The data spacing and distribution is considered sufficient to support the
resource and reserve estimates.
Whether sample compositing has been
applied.
No sample compositing has been applied.
Orientation
of data in
relation to
geological
structure
Whether the orientation of sampling
achieves unbiased sampling of possible
structures and the extent to which this is
known, considering the deposit type.
Pode structures in the Kundana area dip on average (50°) to the west (local
grid). Diamond drilling was designed to target the orebodies perpendicular to
this orientation to allow for a favourable intersection angle. In instances
where this was not possible (primarily due to drill platform location), drilling
was not completed, or re-designed once a more suitable platform became
available.
Drillholes with extremely poor intersection angles are excluded from resource
estimation.
If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to have
introduced a sampling bias, this should be
assessed and reported if material.
No sampling bias is considered to have been introduced by the drilling
orientation.
Sample
security
The measures taken to ensure sample
security.
Prior to laboratory submission samples are stored by Northern Star
Resources in a secure yard. Once submitted to the laboratories they are

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Criteria JORC Code explanation Commentary
stored in a secure fenced compound, tracked through their chain of custody
and via audit trails.
Audits or
reviews
The results of any audits or reviews of
sampling techniques and data.
No audits have been undertaken of the data and sampling practices.

Section 2: Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
tenement and
land tenure
status
Type, reference name/number, location
and ownership including agreements or
material issues with third parties such as
joint ventures, partnerships, overriding
royalties, native title interests, historical
sites, wilderness or national park and
environmental settings.
The Pode deposit is located within the M16/309 and M16/326 mining leases
held by the East Kundana Joint Venture (EKJV). The EKJV is majority
owned and managed by Northern Star Resources Limited (51%). The
minority holding in the EKJV is held by Tribune Resources Ltd (36.75%)
and Rand Mining Ltd (12.25%).
The tenement on which the Pode deposits are hosted (M16/309) is subject
to three royalty agreements. The agreements that are on M16/309 are the
Kundana-Hornet Central Royalty, the Lake Grace Royalty and the Kundana
Pope John Agreement No. 2602-13.
The security of the tenure held at the time
of reporting along with any known
impediments to obtaining a licence to
operate in the area.
No known impediments exist, and the tenements are in good standing.
Exploration
done by other
parties
Acknowledgment and appraisal of
exploration by other parties.
The first reference to the mineralization style encountered at the Kundana
project was the mines department report on the area produced by Dr. I.
Martin (1987). He reviewed work completed in 1983 – 1984 by a company
called Southern Resources, who identified two geochemical anomalies,
creatively named Kundana #1 and Kundana #2. The Kundana #2 prospect
was subdivided into a further two prospects, dubbed K2 and K2A.
Between 1987 and 1997, limited work was completed.
Between 1997 and 2006 Tern Resources (subsequently Rand Mining and
Tribune Resources), and Gilt-Edged Mining focused on shallow open pit
potential, which was not considered viable for Pegasus, however the
Rubicon open pit was considered economic, and production commenced in
2002.
In 2011, Pegasus was highlighted by an operational review team and
follow-up drilling was planned through 2012.
Geology Deposit type, geological setting and style
of mineralisation.
The Kundana camp is situated within the Norseman-Wiluna Greenstone
Belt, in an area dominated by the Zuleika shear zone, which separates the
Coolgardie domain from the Ora Banda domain.
K2-style mineralisation (Pegasus, Rubicon, Hornet, Drake) consists of
narrow vein deposits hosted by shear zones located along steeply dipping
overturned lithological contacts. The K2 structure is present along the
contact between a black shale unit (Centenary Shale) and intermediate
volcaniclastics (Black Flag Group).
Minor mineralisation, termed K2B, also occurs further west, on the contact
between the Victorious basalt and Bent Tree Basalt (both part of the
regional upper Basalt Sequence). Additional mineralisation includes the

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Criteria JORC Code explanation Commentary
K2E and K2A veins, Polaris/Rubicon Breccia (Silicified and mineralised
Shale) and several other HW lodes adjacent to the main K2 structure.
A 60° W dipping fault, offsets this contact and exists as a zone of vein-filled
brecciated material hosting the Pode-style mineralisation at Pegasus and
the Nugget lode at Rubicon.
Drill hole
Information
A summary of all information material to
the understanding of the exploration results
including a tabulation of the following
information for all Material drill holes:
easting and northing of the drill hole
collar
elevation or RL (Reduced Level –
elevation above sea level in metres) of
the drill hole collar
dip and azimuth of the hole
down hole length and interception
depth
hole length.
A summary of the data present in the Pode deposits can be found above.
The collar locations are presented in plots contained in the NSR 2021
resource report.
Drillholes vary in survey dip from +53 to -84 degrees, with hole depths
ranging from 8m to 1,413m. Average hole depth is 248m. The assay data
acquired from these holes are described in the NSR 2021 resource report.
All validated drill hole data was used directly or indirectly for the preparation
of the resource estimates described in the resource report.
If the exclusion of this information is
justified on the basis that the information is
not Material and this exclusion does not
detract from the understanding of the
report, the Competent Person should
clearly explain why this is the case.
The exclusion of the drill hole information does not materially detract from
the understanding of this report.
Data
aggregation
methods
In reporting Exploration Results, weighting
averaging techniques, maximum and/or
minimum grade truncations (e.g., cutting of
high grades) and cut-off grades are usually
Material and should be stated.
All reported assay results have been length weighted to provide an
intersection width. A maximum of 2m of barren material (considered < 2gpt)
between mineralised samples has been permitted in the calculation of these
widths. Typically grades over 2.0gpt are considered significant, however,
where low grades are intersected in areas of known mineralisation these
will be reported. No top-cutting is applied when reporting intersection
results.
Where aggregate intercepts incorporate
short lengths of high grade results and
longer lengths of low grade results, the
procedure used for such aggregation
should be stated and some typical
examples of such aggregations should be
shown in detail.
Where an intersection incorporates short lengths of high grade results these
intersections will be reported in addition to the aggregate value. These will
typically take the form of ##.#m @ ##.##gpt including ##.#m @ ##.##gpt.
The assumptions used for any reporting of
metal equivalent values should be clearly
stated.
No metal equivalent values have been used for the reporting of these
exploration results.
Relationship
between
mineralisation
widths and
intercept
lengths
These relationships are particularly
important in the reporting of Exploration
Results:
True widths have been calculated for intersections of the known ore zones
based on existing knowledge of these structures.
If the geometry of the mineralisation with
respect to the drill hole angle is known, its
nature should be reported.
Both the downhole width and true width have been clearly specified when
used.
If it is not known and only the down hole
lengths are reported, there should be a
clear statement to this effect (e.g., ‘down
hole length, true width not known’).
Not applicable.

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Criteria JORC Code explanation Commentary
Diagrams Appropriate maps and sections (with
scales) and tabulations of intercepts should
be included for any significant discovery
being reported These should include, but
not be limited to a plan view of drill hole
collar locations and appropriate sectional
views.
Appropriate plans and section have been included at the end of this table
and in the NSR 2021 resource report.
Balanced
reporting
Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and
high grades and/or widths should be
practiced to avoid misleading reporting of
Exploration Results.
Both high and low grades have been reported accurately, clearly identified
with the drill hole attributes and ‘From’ and ‘To’ depths.
Other
substantive
exploration
data
Other exploration data, if meaningful and
material, should be reported including (but
not limited to): geological observations;
geophysical survey results; geochemical
survey results; bulk samples – size and
method of treatment; metallurgical test
results; bulk density, groundwater,
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.
No other material exploration data has been collected for this area.
Further work The nature and scale of planned further
work (e.g., tests for lateral extensions or
depth extensions or large-scale step-out
drilling).
Further drilling will continue to define the extents of the Pode-style
mineralisation.
Diagrams clearly highlighting the areas of
possible extensions, including the main
geological interpretations and future drilling
areas, provided this information is not
commercially sensitive.
Appropriate diagrams accompany this release.

PODE & HERA ORE LODES

.Cross section views of Pode ore lodes . Cross section views of Hera ore lodes

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PODE & HERA ORE LODES

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Long section view of Pode and Hera ore lodes and data used in resource estimations
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Section 3: Estimation and Reporting of Mineral Resources (Criteria listed in section 1, and where relevant in section 2, also apply to this section.)

Criteria JORC Code explanation Commentary
Database
integrity
Measures taken to ensure that data has
not been corrupted by, for example,
transcription or keying errors, between its
initial collection and its use for Mineral
Resource estimation purposes.
Sampling and logging data are either recorded on paper and manually
entered into a database system or is captured digitally via a logging laptop
and directly loaded into the database system. There are checks in place to
avoid duplicate holes and sample numbers. Where possible, raw data is
loaded directly into the database from laboratory and survey-tool derived
files.
Data validation procedures used. The complete exported database (including drill and face samples) is
imported into Datamine and checked visually for any apparent errors i.e.,
holes or faces sitting between levels or not on surface DTM’s. Multiple
checks are then made on numerical data. These include:
Empty table checks to ensure all relevant fields are populated.
Unique collar location check.
Distances between consecutive surveys is no more than 60m for drill-
holes.
Differences in azimuth and dip between consecutive surveys of no more
than 0.3 degrees.
The end of hole extrapolation from the last surveyed shot is no more
than 30m.
Underground face sample lines are not greater than +- 5 degrees from
horizontal.

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Criteria JORC Code explanation Commentary
Errors are corrected where possible. When not possible the data is
resource flagged as “No” in the database and the database is re-exported.
This data will not be used in the estimation process.
Several drilling programs completed between 2014 and 2016 had
erroneous meter depths recorded therefore these drill holes have been
omitted from the ore wireframe interpretations and flagged as invalid.
However, where there were no QAQC issue with the assays, the correct
intervals have been recorded, the translation in the easting direction
required for them to be in the ‘correct’ location (based on development
above and below) applied and these intervals were appended to the data
set before compositing.
In addition to being Resource Flagged as “Yes” or “No”, drill holes are
assigned a Data Class, which provides a secondary level of confidence in
the data quality. Data Class (DC) values range from 0 to 3, with criteria
summarised below:
DC 3 = Recent data; all data high quality, validated and all original data
available.
DC 2 = Historic data; may or may not have all data in AcQuire or hard
copy available but has proximity to recent drilling which confirms the dip,
width and tenor. Used to assist in classification
DC 1 = Historic data; same criteria as DC 2 but cannot be verified with
recent drilling, i.e., too far away, or dissimilar dip, width and/or tenor to
recent drilling. Not used in Resource estimate.
DC 0 = Historic data; no original information or new drilling in proximity
to verify. Not used in Resource estimate.
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
The geological interpretations underpinning these resource models were
prepared by geologists working in the mine who were in direct, daily contact
with the ore body. The estimation of grades was undertaken by personnel
familiar with the ore body and the general style of mineralisation
encountered. The Senior Resource Geologist, a Competent Person for
reviewing and signing off on the Pode estimate maintained a site presence
throughout the process.
If no site visits have been undertaken
indicate why this is the case.
Not applicable
Geological
interpretation
Confidence in (or conversely, the
uncertainty of) the geological interpretation
of the mineral deposit.
The interpretation of the Pode deposits were carried out using a systematic
approach to ensure continuity of the geology and estimated mineral
resource. The confidence in the geological interpretation is high and is
supported with information acquired during ore development as well as
from underground and surface diamond drilling. The interpretation of all
Pode mineralised wireframes was conducted using the sectional
interpretation method in Datamine RM software. Most Pode lodes have
been interpreted in plan-view section (with the remainder in cross-section
view). Where development levels were present, sectional interpretation was
completed at approximately 5m spacing. Where only drilling data was
present, sectional interpretation was completed at approximately 10m- 20m
spacing. Checks were made to ensure that the wireframed volume agreed
with the true ore widths of drillhole intersections. As a rule, wireframe
extrapolation was limited to one half of the average drill spacing.
Nature of the data used and of any
assumptions made.
All available geological data was used in the interpretation including surface
mapping, DD and RC drill holes, underground face channel data, 3D
photogrammetry and regional and local structural models.
The effect, if any, of alternative
interpretations on Mineral Resource
estimation.
No alternative interpretations have been proposed.

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Criteria JORC Code explanation Commentary
The use of geology in guiding and
controlling Mineral Resource estimation.
The interpretation of the Pode mineralisation is based on the presence of
mineralised structure (veining and shear), ore-bearing mineralogy (gold and
associated sulphides), assayed samples and continuity between sections.
The factors affecting continuity both of
grade and geology.
Individual Pode mineralised envelopes are reasonably continuous at the
current drill spacing, as similar mineralisation styles, structures and grade
tenor exists between adjacent drill holes.
Offsetting structures are not known to be present in Pode although
significant undulations exist which may have some impact on continuity of
the mineralised trends and metal estimated within.
Mineralised envelopes for Pode are confined to the Victorious (porphyritic)
and Bent Tree (fine-grained) basalt lithological units.
Dimensions The extent and variability of the Mineral
Resource expressed as length (along
strike or otherwise), plan width, and depth
below surface to the upper and lower limits
of the Mineral Resource.
The strike length of the different ore systems varies from ~200m to
~1,200m. The individual ore bodies occur in a major regional Zuleika shear
system extending over tens of kilometres.
Ore body widths are typically in the range of 0.4m - 2m. The widest orebody
is Hera Halo at approximately 2m. The narrowest is Zeus at approximately
0.4m. The PodN structure has an average thickness of 1.5m.
Mineralisation is known to occur from the base of cover to ~800m below
surface and is open in all directions.
Estimation
and modelling
techniques
The nature and appropriateness of the
estimation technique(s) applied and key
assumptions, including treatment of
extreme grade values, domaining,
interpolation parameters and maximum
distance of extrapolation from data points.
If a computer assisted estimation method
was chosen include a description of
computer software and parameters used.
Pode mineralised zones used direct grade estimation by Ordinary Kriging
(unless otherwise stated) supported by composited sample data.
Composite lengths of 1m were used for most lodes (except Maia and
Athena lodes, which used 0.5m composite lengths), determined from
statistical analysis of all sample lengths in the estimation dataset.
In smaller mineralised zones where construction of a coherent variogram
was not possible, Inverse Distance has been used. All estimation was
completed using Datamine RM software.
Details of estimation by Pode ore lode is summarised below:
PodN(Pode) – Divided into two subdomains based on data density. Data
was top cut to 190gpt using the influence limitation approach. In addition to
this a hard topcut of 400gpt was used to limit the impact of genuinely
anomalous data points. Variography was completed on the composited
data file with searches completed in three passes. For the high data-density
estimate, search ranges of 50m in direction 1 (dir1), 30m in direction 2
(dir2) and 25m in direction 3 (dir3) were used. For the low data-density
estimate, search ranges of 100m in dir1, 80m in dir2 and 50m in dir3 were
used. Dynamic anisotropy has been used for the estimate, with the plunge
component hard coded to 40° based on the variogram-derived search
orientation.
PodH(Pode) – Divided into two subdomains based on data density. A hard
topcut of 25gpt was used to limit the impact of anomalous data points.
Variography was completed on the composited data file with searches
completed in three passes. For the high data-density estimate, search
ranges of 15m in dir1, 15m in dir2 and 10m in dir3 were used. For the low
data-density estimate, search ranges of 80m in dir1, 70m in dir2 and 20m in
dir3 were used. Dynamic anisotropy has been used for the estimate, with
the plunge component hard coded to 40° based on the variogram-derived
search orientation.
PodF(Pode) – Divided into two subdomains based on data density. A hard
topcut of 20gpt was used to limit the impact of anomalous data points.
Variography was completed on the composited data file with searches were
completed in three passes. For the high data-density estimate, search
ranges of 15m in dir1/dir2 and 10m in dir3 were used. For the low data-

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Criteria JORC Code explanation Commentary
density estimate, search ranges of 80m in dir1, 70m in dir2 and 20m in dir3
were used. Dynamic anisotropy has been used for the estimate, with the
plunge component hard coded to 40° based on the variogram-derived
search orientation.
Splay2B(Pode) – Estimated as a single domain. A hard topcut of 30gpt
was used to limit the impact of anomalous data points. No variography
completed due to lack of data pairs in domain. Searches were completed in
three passes. Search ranges of 30m in dir1, 30m in dir2 and 30m in dir3
were used.
K2B(Pode and Hera) – Divided into two subdomains based on grade. Top
cutting was completed separately on the high-grade and low-grade
subdomains (60gpt and 15gpt respectively). Variography was completed on
the composited data files separately with searches completed in three
passes. For the high-grade estimate, search ranges of 90m in dir1, 50m in
dir2 and 30m in dir3 were used. For the low-grade estimate, search ranges
of 50m in dir1/2/3 (isotropic) were used. ID was used for both subdomains.
Hestia(Pode) – Estimated as a single domain. Data was top cut to 30gpt
using the influence limitation approach. Variography was completed on the
composited data file with searches completed in three passes. Search
ranges of 50m in dir1, 30m in dir2 and 15m in dir3 were used.
Ceto(Pode) – Estimated as a single domain. Data was top cut to 10gpt
using the influence limitation approach. Variography was completed on the
composited data file with searches completed in three passes. Search
ranges of 60m in dir1, 40m in dir2 and 30m in dir3 were used.
Eris(Pode) – Estimated as a single domain. Data was top cut to 8gpt using
the influence limitation approach. No variography completed due to lack of
data pairs in domain. Continuity fans analysed to ascertain search
orientation and anisotropy. Searches were completed in three passes.
Search ranges of 75m in dir1, 35m in dir2 and 15m in dir3 were used.
Clio(Pode) – Estimated as a single domain. Data was top cut to 12gpt
using the influence limitation approach. No variography completed due to
lack of data pairs in domain. Continuity fans analysed to ascertain search
orientation and anisotropy. Searches were completed in three passes.
Search ranges of 80m in dir1, 50m in dir2 and 30m in dir3 were used.
Notus(Pode) – Estimated as a single domain, no top-cut applied as no
anomalous samples present and coefficient of variance within acceptable
range. No variography completed due to lack of data pairs in domain.
Searches were completed in three passes. Search ranges of 70m in dir1,
40m in dir2 and 15m in dir3 were used.
Kratos(Pode) – Estimated as a single domain. Data was top cut to 10gpt
using the influence limitation approach. No variography completed due to
lack of data pairs in domain. Continuity fans analysed to ascertain search
orientation and anisotropy. Searches were completed in three passes.
Search ranges of 80m in dir1, 50m in dir2 and 30m in dir3 were used.
Ares(Pode) – Estimated as a single domain. No top-cut applied as no
anomalous samples present and coefficient of variance within acceptable
range. No variography completed due to lack of data pairs in domain.
Continuity fans analysed to ascertain search orientation and anisotropy.
Searches were completed in three passes. Search ranges of 60m in dir1/3
and 3 were used.
Athena(Pode) – Estimated as a single domain. Data was top cut to 28gpt
using the influence limitation approach. No variography completed due to
lack of data pairs in domain. Continuity fans analysed to ascertain search
orientation and isotropy. Searches were completed in three passes. Search
ranges of 30m in dir1, 30m in dir2 and 30m in dir3 were used.
Apollo(Pode) – Estimated as a single domain. Data was top cut to 8gpt
using the influence limitation approach. Variography was completed on the

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Criteria JORC Code explanation Commentary
composited data file, indicating grade continuity plunging moderately to the
north. Searches were completed in three passes. Search ranges of 40m in
dir1, 20m in dir2 and 20m in dir3 were used.
PodS(Pode) – Estimated as a single domain. No top cutting required. No
variography completed due to lack of data pairs in domain. Continuity fans
analysed to ascertain search orientation and anisotropy. Searches were
completed in three passes. Search ranges of 40m in dir1, 40m in dir2 and
40m in dir3 were used.
Typhon(Pode) – Estimated as a single domain. Data was top cut to 12gpt
using the influence limitation approach. No variography completed due to
lack of data pairs in domain. Continuity fans analysed to ascertain search
orientation and anisotropy. Searches were completed in three passes.
Search ranges of 60m in dir1, 40m in dir2 and 30m in dir3 were used.
Hera(Hera) – Divided into two subdomains based on data density. Data
was top cut to 400gpt for the high-grade subdomain and 35gpt for the low-
grade subdomain using the influence limitation approach. Variography was
completed on the composited data file with searches were completed in
three passes. For the high data-density estimate, search ranges of 20m in
dir1/dir2 and 15m in dir3 were used. For the low data-density estimate,
search ranges of 35m in dir1, 25m in dir2 and 15m in dir3 were used.
Categorical Indicated Kriging has been used for the estimate using dynamic
anisotropy with the plunge component hard coded to 40° based on the
variogram-derived search orientation.
Hera Footwall Halo(Hera)Divided into two subdomains based on data
density. Hard top cuts were applied to the data of 25gpt for the high-grade
subdomain and 8gpt for the low-grade subdomain. Search ranges of 30m in
dir1/dir2 and 15m in dir3 were used.
Hera Hangingwall Halo(Hera) – Divided into two subdomains based on
data density. Hard top cuts were applied to the data of 30gpt for the high-
grade subdomain and 6gpt for the low-grade subdomain. For the high data-
density estimate, search ranges of 30m in dir1, 20m in dir2 and 10m in dir3
were used. For the low data-density estimate, search ranges of 30m in dir1,
20m in dir2 and 15m in dir3 were used.
Hera Breccia lode(Hera) – Estimated as a single domain. A hard top cut
of 7gpt has been applied to the data. Searches were completed in three
passes. Search ranges of 30m in dir1, 15m in dir2 and 10m in dir3 were
used.
Rhea(Hera) – Divided into two subdomains based on data density. Data
was top cut to 6gpt for the low-grade subdomain using the influence
limitation approach. No top cut was required for the high-grade subdomain.
No variography completed due to lack of data pairs in domain. Continuity
fans analysed to ascertain search orientation and anisotropy. Searches
were completed in three passes. Search ranges of 60m in dir1, 40m in dir2
and 30m in dir3 were used.
Styx(Hera) – Estimated as a single domain. Data was top cut to 16gpt
using the influence limitation approach. No variography completed due to
lack of data pairs in domain. Continuity fans analysed to ascertain search
orientation and anisotropy. Searches were completed in three passes.
Search ranges of 60m in dir1, 40m in dir2 and 30m in dir3 were used.
Brizo(Hera) – Estimated as a single domain. Data was top cut to 6gpt
using the influence limitation approach. No variography completed due to
lack of data pairs in domain. Continuity fans analysed to ascertain search
orientation and anisotropy. Searches were completed in three passes.
Search ranges of 60m in dir1, 40m in dir2 and 30m in dir3 were used.
Maia(Hera) – Estimated as a single domain. No top cutting required. No
variography completed due to lack of data pairs in domain. Continuity fans
analysed to ascertain search orientation and anisotropy. Searches were

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Criteria JORC Code explanation Commentary
completed in three passes. Search ranges of 40m in dir1, 30m in dir2 and
15m in dir3 were used.
Thalia(Hera) – Estimated as a single domain. Data was top cut to 5gpt
using the influence limitation approach. No variography completed due to
lack of data pairs in domain. Continuity fans analysed to ascertain search
orientation and anisotropy. Searches were completed in three passes.
Search ranges of 30m in dir1, 20m in dir2 and 10m in dir3 were used.
Selene(Hera) – Estimated as a single domain. Data was top cut to 25gpt
using the influence limitation approach. No variography completed due to
lack of data pairs in domain. Continuity fans analysed to ascertain search
orientation and anisotropy. Searches were completed in three passes.
Search ranges of 60m in dir1, 40m in dir2 and 30m in dir3 were used.
Zeus(Hera) – Estimated as a single domain. Data was top cut to 80gpt
using the influence limitation approach. No variography completed due to
lack of data pairs in domain. Continuity fans analysed to ascertain search
orientation and anisotropy. Searches were completed in three passes.
Search ranges of 75m in dir1, 35m in dir2 and 15m in dir3 were used.
The availability of check estimates,
previous estimates and/or mine production
records and whether the Mineral Resource
Estimate takes appropriate account of
such data.
Check estimates have been completed for all lodes. These include Inverse
Distance (ID) and Nearest Neighbour (NN) estimates. Isotropic searches
have also been tested to corroborate chosen variogram angles.
The assumptions made regarding recovery
of by-products.
No assumptions have been made
Estimation of deleterious elements or other
non-grade variables of economic
significance (e.g., sulphur for acid mine
drainage characterisation).
No deleterious elements were estimated in these models.
In the case of block model interpolation,
the block size in relation to the average
sample spacing and the search employed.
Block sizes varied depending on sample density. In areas of high data-
density (underground face samples with average spacing of 3m – 4m) a 5m
x 5m x 5m block size was chosen. Low density drill spacing is defined as
approximately 30m or greater and a 10m x 10m x 10m block size was
chosen.
Estimates were completed with soft boundaries between varying block size
estimates (unless a geological feature and contact analysis indicated a hard
boundary was required) and added together following individual estimation
for final validations.
Search ellipse dimensions were derived from the variogram model ranges,
or isotropic ranges based on data density where insufficient data was
present for variographic analysis.
Any assumptions behind modelling of
selective mining units.
Selective mining units were not used during the estimation process.
Any assumptions about correlation
between variables.
All variables were estimated independently of each other. Density has used
estimation parameters based on the equivalent gold estimation for that
domain.
Description of how the geological
interpretation was used to control the
resource estimates.
Hanging-wall and foot-wall wireframe surfaces were created using sectional
interpretation. These were used to define the Pode/Hera mineralised zones
based on the geology (usually a quartz vein) and gold grade. Pode/Hera
mineralised zones are predominantly low angled dilatational fault zones

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Criteria JORC Code explanation Commentary
with quartz veining evident from drilling (all lodes) and development (PodN,
PodF, PodH, Hera and Hera Halo only).
For mine planning purposes a waste model is created by projecting the
hanging wall and footwall surfaces 15m either side. A default grade of
0.1gpt is assigned and the same resource classification as the adjacent ore
lode is applied.
Discussion of basis for using or not using
grade cutting or capping.
Topcuts were applied to the composited sample data with the intention of
reducing the impact of outlier values on the average grade. Top cuts were
selected based on a statistical analysis of the data with a general aim of not
impacting the mean by more than 5% and reducing the coefficient of
variation to around 1.2. Topcuts vary by domain and range from 8 to
400gpt.
The top cut values are applied in several steps, using a technique called
influence limitation top cutting. A top cut (AU) and non-top cut (_NC)
variable is created, as well as a spatial variable (
_IL) which only has
values where the top cut values appear. For example, where gold requires
a top cut, the following variables will be created and estimated:
AU (top cut gold)
AU_NC (non- top-cut gold)
AU_IL (spatial variable; values present where AU data is top cut)
The top-cut and non-top cut values are estimated using search ranges
based on the modelled gold variogram, and the _IL values estimated using
very small ranges (e.g., 5m x 5m x5m). Where the
_IL values produce
estimated blocks within these restricted ranges, the *_NC estimated values
replace the original top cut estimated values (AU).
The process of validation, the checking
process used, the comparison of model
data to drill hole data, and use of
reconciliation data if available.
Statistical measures of Kriging error, such as Kriging Efficiency and Slope
of Regression, are used to assess the quality of the estimation for each
domain.
Differences in the global grade of the declustered, top-cut composite data
set and the average model grade were within 10%, or justification for a
difference outside 10% was explicable.
Swath plots comparing declustered, top-cut composites to block model
grades are created and visual plots are prepared summarising the critical
model parameters.
Visually, block grades are assessed against drill hole and face data.
Moisture Whether the tonnages are estimated on a
dry basis or with natural moisture, and the
method of determination of the moisture
content.
Tonnages are estimated on a dry basis.
Cut-off
parameters
The basis of the adopted cut-off grade(s)
or quality parameters applied.
The Mineral Resource Estimate has been reported at a 2.13gpt cut off
within 2.5m minimum mining width (no dilution) MSOs using a $AS2,250/oz
gold price.
Mining factors
or
assumptions
Assumptions made regarding possible
mining methods, minimum mining
dimensions and internal (or, if applicable,
external) mining dilution. It is always
necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential mining methods, but the
assumptions made regarding mining
methods and parameters when estimating
Mineral Resources may not always be
No mining assumptions have been made during the resource wireframing
or estimation process.

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Criteria JORC Code explanation Commentary
rigorous. Where this is the case, this
should be reported with an explanation of
the basis of the mining assumptions made.
Metallurgical
factors or
assumptions
The basis for assumptions or predictions
regarding metallurgical amenability. It is
always necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential metallurgical methods, but the
assumptions regarding metallurgical
treatment processes and parameters made
when reporting Mineral Resources may not
always be rigorous. Where this is the case,
this should be reported with an explanation
of the basis of the metallurgical
assumptions made.
Metallurgical test work results show that the mineralisation is amendable to
processing through the existing Kanowna Belle treatment plant.
Ore processing throughput and recovery parameters were estimated based
on historic performance and potential improvements available using current
technologies and practices.
Environmental
factors or
assumptions
Assumptions made regarding possible
waste and process residue disposal
options. It is always necessary as part of
the process of determining reasonable
prospects for eventual economic extraction
to consider the potential environmental
impacts of the mining and processing
operation. While at this stage the
determination of potential environmental
impacts, particularly for a green fields
project, may not always be well advanced,
the status of early consideration of these
potential environmental impacts should be
reported. Where these aspects have not
been considered this should be reported
with an explanation of the environmental
assumptions made.
A “Licence to Operate” is held by the operation which is issued under the
requirement of the “Environmental Protection Act 1986”, administered by
the Department of Environment (DoE). The licence stipulates environmental
conditions for the control of air quality, solid waste management, water
quality, and general conditions for operation. Groundwater Licences are
held for water abstraction, including production bore field water use for
mineral processing, and mine dewatering, in accordance with the Rights in
Water and Irrigation Act 1914. These Licences are also regulated by DoE
and are renewable on a regular basis. Kanowna Operations conduct
extensive environmental monitoring and management programs to ensure
compliance with the requirements of the licences and lease conditions. An
Environmental Management System is in place to ensure that Northern Star
employees and contractors exceed environmental compliance
requirements.
The Kalgoorlie operations are fully permitted including groundwater
extraction and dewatering, removal of vegetation, mineral processing, and
open pits.
Kalgoorlie Operations have been compliant with the International Cyanide
Management Code since 2008.
Compliance with air quality permits is particularly important at Kanowna
because of the roaster operation and because there are three facilities in
the Kalgoorlie region emitting SO2gas. Kanowna has a management
program in place to minimize the impact of SO2on regional air quality and
ensure compliance with regulatory limits.
Bulk density Whether assumed or determined. If
assumed, the basis for the assumptions. If
determined, the method used, whether wet
or dry, the frequency of the measurements,
the nature, size and representativeness of
the samples.
A thorough investigation into average density values for the various
lithological units at Pode was completed and the mean densities by
lithology were coded into the database. Where there were no
measurements for a specific lithology and default of 2.8 t/m3was applied.
Density was then estimated by Ordinary Kriging using the associated gold
estimation parameters for that domain. Post estimation, default density
values for the oxide and transition zones were applied, based on regional
averages.
The bulk density for bulk material must
have been measured by methods that
adequately account for void spaces (vugs,
porosity, etc.), moisture and differences
between rock and alteration zones within
the deposit.
Bulk density measurements adequately account for any voids within the
measured material.

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Criteria JORC Code explanation Commentary
Discuss assumptions for bulk density
estimates used in the evaluation process
of the different materials.
Assumptions on the average bulk density of individual lithologies, based on
14,613 bulk density measurements at Pode and RHP. Assumptions were
also made based on regional averages, on the default densities applied to
oxide (1.80 t/m3) and transitional (2.30 t/m3) material, due to a lack of data
in these zones.
Classification The basis for the classification of the
Mineral Resources into varying confidence
categories.
Classification is based on a series of factors including:
Geologic grade continuity
Density of available drilling
Statistical evaluation of the quality of the kriging estimate
Confidence in historical data, based on the new Data Class system
Whether appropriate account has been
taken of all relevant factors (i.e., relative
confidence in tonnage/grade estimations,
reliability of input data, confidence in
continuity of geology and metal values,
quality, quantity and distribution of the
data).
All relevant factors have been given due weighting during the classification
process.
Whether the result appropriately reflects
the Competent Person’s view of the
deposit.
The resource estimation methodology is considered appropriate and
reflects the Competent Persons view of the deposit.
Audits or
reviews
The results of any audits or reviews of
Mineral Resource Estimates.
All resource models have been subjected to internal peer review.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in
the Mineral Resource Estimate using an
approach or procedure deemed
appropriate by the Competent Person. For
example, the application of statistical or
geostatistical procedures to quantify the
relative accuracy of the resource within
stated confidence limits, or, if such an
approach is not deemed appropriate, a
qualitative discussion of the factors that
could affect the relative accuracy and
confidence of the estimate.
These Mineral Resource Estimates are considered as robust and
representative of the Pode style of mineralisation. The relative accuracy of
the Mineral Resource Estimate is reflected in the reporting of the Mineral
Resource as per the guidelines of the 2012 JORC Code.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
economic evaluation. Documentation
should include assumptions made and the
procedures used.
The statement relates to global estimates of tonnes and grade.
These statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
No reconciliation factors are applied to the resource post-modelling.

Section 4: Estimation and Reporting of Ore Reserves

(Criteria listed in section 1, and where relevant in sections 2 and 3, also apply to this section.)

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APPENDIX 4: ACQUISITION ASSETS JORC CODE TABLE 1s

Criteria JORC Code explanation Commentary
Mineral
Resource
Estimate for
conversion to
Ore Reserves
Description of the Mineral Resource
Estimate used as a basis for the
conversion to an Ore Reserve.
Northern Star 2021MY Resource.
Clear statement as to whether the Mineral
Resources are reported additional to, or
inclusive of, the Ore Reserves.
The Mineral Resources are reported inclusive of the Ore Reserve.
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
Site visits have been undertaken by the Competent Person.
If no site visits have been undertaken
indicate why this is the case.
Site visits are undertaken.
Study status The type and level of study undertaken to
enable Mineral Resources to be converted
to Ore Reserves.
Feasibility Study.
The Code requires that a study to at least
Pre-Feasibility Study level has been
undertaken to convert Mineral Resources
to Ore Reserves. Such studies will have
been carried out and will have determined
a mine plan that is technically achievable
and economically viable, and that material
Modifying Factors have been considered.
Upgrade of previous Ore Reserve.
Cut-off
parameters
The basis of the cut-off grade(s) or quality
parameters applied.
Budget costs and physicals form the basis for Cut Off Grade calculations.
Mill recovery is calculated based on historical recoveries achieved.
Various cut off grades are calculated including a break-even cut-off grade
(BCOG), variable cut-off grade (VCOG) and Mill cut-off grade (MCOG). The
VCOG is used as the basis for stope design, with areas requiring significant
development assessed by detailed financial analysis to confirm their
profitability.
Mining factors
or
assumptions
The method and assumptions used as
reported in the Pre-Feasibility or Feasibility
Study to convert the Mineral Resource to
an Ore Reserve (i.e., either by application
of appropriate factors by optimisation or by
preliminary or detailed design).
Mineral Resource is converted to Ore Reserve after completing a detailed
mine design and associated financial assessment.
The choice, nature and appropriateness of
the selected mining method(s) and other
mining parameters including associated
design issues such as pre-strip, access,
etc.
Selected mining method deemed appropriate as it has been used at
Raleigh since 2005 & Rubicon / Hornet / Pegasus since 2011.
The assumptions made regarding
geotechnical parameters (e.g., pit slopes,
stope sizes, etc.), grade control and pre-
production drilling.
Design parameters include a 20m to 25m level spacing with a stope strike
length of 15m for dilution control purposes. This correlates to a Hydraulic
Radius of 4.3 to 4.6
The major assumptions made and Mineral
Resource model used for pit and stope
optimisation (if appropriate).
Not applicable - this Table 1 applies to underground mining only.

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Criteria JORC Code explanation Commentary
The mining dilution factors used. Based on historical mine performance, mining dilution of 20% Rock and
10% Paste dilution (10 -30% total) for stoping additional to minimum mining
width is applied, as well as 10% dilution for Ore development.
The mining recovery factors used. Mining recovery factor of 92.5% is applied based on historical data.
Any minimum mining widths used. Minimum stope width of 3.0m where the vein is less than 2m wide. 1m
additional to vein width when greater than 2m wide.
The manner in which Inferred Mineral
Resources are utilised in mining studies
and the sensitivity of the outcome to their
inclusion.
Designed stopes with greater than 50% inferred blocks are excluded from
the reported Reserve.
The infrastructure requirements of the
selected mining methods.
Infrastructure in place, currently an operating mine.
Metallurgical
factors or
assumptions
The metallurgical process proposed and
the appropriateness of that process to the
style of mineralisation.
EKJV ore is treated at the Kanowna Belle milling facilities or additional ore
to toll treatment facilities as required. The Kanowna Belle Mill is designed to
handle approximately 2.0m million tonnes of feed per annum. The plant has
the capability to treat both refractory and free milling ores, through either
using the flotation circuit and associated concentrate roaster circuit,
including carbon-in-leach (CIL) gold recovery, or bypassing the flotation
circuit and going directly to a CIL circuit designed to treat flotation tails. The
plant campaigns both refractory and free milling ores every month. Between
campaigns, the circuit is “cleaned out” using mineralised waste. The plant is
made up of crushing, grinding, gravity gold recovery, flotation, roasting, CIL,
elution and gold recovery circuits.
Ore Reserves are calculated using processing plant recovery factors that
are based on test work and historical performance.
Whether the metallurgical process is well-
tested technology or novel in nature.
Milling experience gained over plus 10 years operation.
The nature, amount and
representativeness of metallurgical test
work undertaken, the nature of the
metallurgical domaining applied and the
corresponding metallurgical recovery
factors applied.
Milling experience gained over plus 10 years operation.
Any assumptions or allowances made for
deleterious elements.
No assumption made.
The existence of any bulk sample or pilot
scale test work and the degree to which
such samples are considered
representative of the orebody.
Milling experience gained over plus 10 years operation.
For minerals that are defined by a
specification, has the ore Reserve
estimation been based on the appropriate
mineralogy to meet the specifications?
Not applicable.
Environmental The status of studies of potential
environmental impacts of the mining and
processing operation. Details of waste rock
characterisation and the consideration of
Rubicon, Hornet, Pegasus operations are currently compliant with all legal
and regulatory requirements. All government permits, licences and statutory
approvals are granted.

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Criteria JORC Code explanation Commentary
potential sites, status of design options
considered and, where applicable, the
status of approvals for process residue
storage and waste dumps should be
reported.
Infrastructure The existence of appropriate infrastructure:
availability of land for plant development,
power, water, transportation (particularly
for bulk commodities), labour,
accommodation; or the ease with which
the infrastructure can be provided, or
accessed.
All current site infrastructure is suitable to the proposed mining plan.
Costs The derivation of, or assumptions made,
regarding projected capital costs in the
study.
Mine development capital cost based on historical performance on site and
life-of-mine forward planning. Plant and equipment capital are based on site
experience and the LOM plan.
The methodology used to estimate
operating costs.
All overhead costs and operational costs are projected forward on a first
principals modelling basis.
Allowances made for the content of
deleterious elements.
No allowances made.
The derivation of assumptions made of
metal or commodity price(s), for the
principal minerals and co- products.
Corporate guidance.
The source of exchange rates used in the
study.
Corporate guidance.
Derivation of transportation charges. Historic performance.
The basis for forecasting or source of
treatment and refining charges, penalties
for failure to meet specification, etc.
Historic performance.
The allowances made for royalties
payable, both Government and private.
All royalties are built into the cost model.
Revenue
factors
The derivation of, or assumptions made
regarding revenue factors including head
grade, metal or commodity price(s)
exchange rates, transportation and
treatment charges, penalties, net smelter
returns, etc.
A$1,750/oz gold.
The derivation of assumptions made of
metal or commodity price(s), for the
principal metals, minerals and co-products.
Corporate guidance.
Market
assessment
The demand, supply and stock situation for
the particular commodity, consumption
trends and factors likely to affect supply
and demand into the future.
It is assumed all gold is sold directly to market at the Corporate gold price
guidance of A$1,750/oz.

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Criteria JORC Code explanation Commentary
A customer and competitor analysis along
with the identification of likely market
windows for the product.
Not Applicable.
Price and volume forecasts and the basis
for these forecasts.
Corporate guidance.
For industrial minerals the customer
specification, testing and acceptance
requirements prior to a supply contract.
Not Applicable.
Economic The inputs to the economic analysis to
produce the net present value (NPV) in the
study, the source and confidence of these
economic inputs including estimated
inflation, discount rate, etc.
All costs assumptions are made based on historical performance from the
mine and current economic forecast seen as representative of current
market conditions.
NPV ranges and sensitivity to variations in
the significant assumptions and inputs.
Sensitivities have been used with gold price ranges of A$1,500 to A$2,000
per ounce.
Social The status of agreements with key
stakeholders and matters leading to social
licence to operate.
Agreements are in place and are current with all key stakeholders.
Other To the extent relevant, the impact of the
following on the project and/or on the
estimation and classification of the Ore
Reserves:
No Issues.
Any identified material naturally occurring
risks.
No Issues.
The status of material legal agreements
and marketing arrangements.
No Issues.
The status of governmental agreements
and approvals critical to the viability of the
project, such as mineral tenement status,
and government and statutory approvals.
There must be reasonable grounds to
expect that all necessary Government
approvals will be received within the
timeframes anticipated in the Pre-
Feasibility or Feasibility study. Highlight
and discuss the materiality of any
unresolved matter that is dependent on a
third party on which extraction of the
Reserve is contingent.
No Issues.
Classification The basis for the classification of the Ore
Reserves into varying confidence
categories.
Ore Reserves classifications are derived from the underlying resource
model classifications – i.e., Measured Resource material is converted to
either Proved or Probable Reserves, with Indicated Resource material
converting to Probable Reserve.
Whether the result appropriately reflects
the Competent Person’s view of the
deposit.
The results accurately reflect the Competent Person’s view of the deposit.

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Criteria JORC Code explanation Commentary
The proportion of Probable Ore Reserves
that have been derived from Measured
Mineral Resources (if any).
Nil.
Audits or
reviews
The results of any audits or reviews of Ore
Reserve estimates.
The Reserve has been internally reviewed in line with Northern Star
Resource governance standard for Reserves and Resources. There have
been no external reviews of this Ore Reserve estimate.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in
the Ore Reserve estimate using an
approach or procedure deemed
appropriate by the Competent Person. For
example, the application of statistical or
geostatistical procedures to quantify the
relative accuracy of the Reserve within
stated confidence limits, or, if such an
approach is not deemed appropriate, a
qualitative discussion of the factors which
could affect the relative accuracy and
confidence of the estimate.
Confidence in the model and Ore Reserve Estimate is considered high
based on current mine and reconciliation performance.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
economic evaluation. Documentation
should include assumptions made and the
procedures used.
Estimates are global but will be reasonably accurate on a local scale.
Accuracy and confidence discussions
should extend to specific discussions of
any applied Modifying Factors that may
have a material impact on Ore Reserve
viability, or for which there are remaining
areas of uncertainty at the current study
stage.
Not applicable.
It is recognised that this may not be
possible or appropriate in all
circumstances. These statements of
relative accuracy and confidence of the
estimate should be compared with
production data, where available.
Historical reconciliation of mine production has been used in the generation
both the underlying Mineral Resource Estimate and subsequent modifying
factors applied to develop an Ore Reserve.

JORC Code, 2012 Edition – Table 1 Report

Raleigh-Sadler: Resources and Reserves –31 March 2021

Section 1: Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.)

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APPENDIX 4: ACQUISITION ASSETS JORC CODE TABLE 1s

Criteria JORC Code explanation Commentary
Sampling
techniques
Nature and quality of sampling (e.g., cut
channels, random chips, or specific
specialised industry standard measurement
tools appropriate to the minerals under
investigation, such as down hole gamma
sondes, or handheld XRF instruments, etc.).
These examples should not be taken as
limiting the broad meaning of sampling.
A combination of sample types was used to collect material for analysis,
including surface and underground diamond drilling (DD), surface reverse
circulation drilling (RC) and face channel (FC) sampling. RAB holes were
excluded from the estimate. Where sufficient diamond drill holes were
present, RC holes were also excluded.
Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any measurement
tools or systems used.
DD drilling is sampled within geological boundaries with a minimum (0.3m)
and maximum (1.0m) sample length. Face channel sampling is constrained
within geological and mineralised boundaries with a minimum (0.2m) and
maximum (1.0m) channel sample length. In some cases, smaller samples
(0.1m – 0.2m) have been taken to account for narrower structures in the
face.
Aspects of the determination of
mineralisation that are Material to the Public
Report. In cases where ‘industry standard’
work has been done this would be relatively
simple (e.g., ‘reverse circulation drilling was
used to obtain 1m samples from which 3kg
was pulverised to produce a 30g charge for
fire assay’). In other cases, more
explanation may be required, such as where
there is coarse gold that has inherent
sampling problems. Unusual commodities or
mineralisation types (e.g., submarine
nodules) may warrant disclosure of detailed
information.
DD drill core is either half core or full core sampled. Half core samples were
cut using an automated core saw. The mass of material collected was
dependent on the drill hole diameter and sampling interval selected.
A sample size of at least 3kg of material was targeted for each face sample
interval.
All samples were delivered to a commercial laboratory where they were dried
and crushed to 90% of material ≤3mm. At this point, samples greater than
3kg were split using a rotary splitter, then pulverised to 90% ≤75µm.
A 40g charge was selected for fire assay for all recent samples. Historically,
charge weights of 50g have also been used.
Drilling
techniques
Drill type (e.g., core, reverse circulation,
open-hole hammer, rotary air blast, auger,
Bangka, sonic, etc.) and details (e.g., core
diameter, triple or standard tube, depth of
diamond tails, face-sampling bit or other
type, whether core is oriented and if so, by
what method, etc.).
Both RC and DD techniques were used to drill the Raleigh deposit.
Surface diamond drill holes were completed using HQ2 (63.5mm) core whilst
underground diamond drill holes were completed using both NQ2 (50.5mm)
and NQ3 (43mm) core.
Historically, core was oriented using the Reflex ACT Core orientation system.
Currently, core is oriented using the Boart Longyear Trucore Core Orientation
system.
RC Drilling was completed using a 5.75” drill bit, downsized to 5.25” at depth.
In many cases, RC pre-collars were drilled, followed by diamond tails. Pre-
collar depth was determined in the drill design phase.
Drill
sample
recovery
Method of recording and assessing core and
chip sample recoveries and results
assessed.
Any core loss in diamond drilling is recorded on the core block by the driller.
This is then captured by the logging geologist and entered as an interval into
the hole log.
Measures taken to maximise sample
recovery and ensure representative nature
of the samples.
For diamond drilling, the contractors adjust their rate of drilling and method if
recovery issues arise. All recovery is recorded by the drillers on core blocks.
This is checked and compared to the measurements of the core by the
geological team. Any issues are communicated back to the drilling contractor.
Whether a relationship exists between
sample recovery and grade and whether
Sample recovery of the ore is challenging at Raleigh with the brittle quartz
vein RMV lode adjacent to the much softer RMS lode. Triple tubing has been
employed by the drilling contractor in order to minimise core loss. Samples

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Criteria JORC Code explanation Commentary
sample bias may have occurred due to
preferential loss/gain of fine/coarse material.
which have logged core loss through the ore zone are excluded. No
relationship between sample recovery and grade has been discerned.
Logging Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate Mineral
Resource estimation, mining studies and
metallurgical studies.
All diamond core is logged for lithology, veining, alteration, mineralisation,
and structural data. Structural measurements of specific features are also
taken through oriented zones.
Logging is entered in AcQuire using a series of drop-down menus which
contain the appropriate codes for description of the rock.
All underground faces are logged for lithology and mineralisation. Logging is
captured on a face sample sheet underground which is then transferred to
AcQuire. Faces are then entered into AcQuire using a series of drop-down
menus which contain appropriate codes for description of the rock.
Whether logging is qualitative or quantitative
in nature. Core (or costean, channel, etc.)
photography.
All core logging is qualitative with mineralised zones assayed for quantitative
measurements. Every core tray is photographed wet.
All underground faces are logged and sampled to provide both qualitative
and quantitative data. All faces are washed down and photographed before
sampling is completed.
The total length and percentage of the
relevant intersections logged.
For all drill holes, the entire length of the hole was logged.
Sub-
sampling
techniques
and sample
preparation
If core, whether cut or sawn and whether
quarter, half or all core taken.
Diamond core is cut using an automated core saw. Sampling and cutting
methodology are dependent on the type of drilling completed. Half core is
generally utilised for exploration drilling. Some exploration and all Grade
Control drilling (GC) is whole core sampled.
If non-core, whether riffled, tube sampled,
rotary split, etc. and whether sampled wet or
dry.
RC samples are split using a rig-mounted cone splitter to collect a sample 3-
4kg in size from each 1m interval. These samples were utilised for any zones
approaching known mineralization and from any areas identified as having
anomalous gold. Outside known mineralised zones spear samples were
taken over a 4m interval for composite sampling.
For all sample types, the nature, quality and
appropriateness of the sample preparation
technique.
Preparation of samples was conducted at Bureau Veritas’ Kalgoorlie facilities
commencing with sorting, checking and drying at less than 110°C to prevent
sulphide breakdown. Samples are jaw crushed to a nominal -6mm particle
size. If the sample is greater than 3kg a Boyd crusher with rotary splitter is
used to reduce the sample size to less than 3kg (typically 1.5kg) at a nominal
<3mm particle size.
The entire crushed sample (if less than 3kg) or sub-sample is then pulverised
to 90% ≤75µm, using a Labtechnics LM5 bowl pulveriser. 400g Pulp
subsamples are then taken with an aluminium scoop and stored in labelled
pulp packets.
The sample preparation is considered appropriate for the deposit.
Quality control procedures adopted for all
sub-sampling stages to maximise
representivity of samples.
Procedures are utilised to guide the selection of sample material in the field.
Standard procedures are used for all processes within the laboratory. Grind
checks are performed at both the crushing stage (3mm) and pulverising
stage (75µm), requiring 90% of material to pass through the relevant size.
Measures taken to ensure that the sampling
is representative of the in-situ material
collected, including for instance results for
field duplicate / second-half sampling.
Umpire sampling is performed monthly, where 3% of the samples are sent to
the umpire lab for processing.
Umpire samples of faces were analysed using a 40g charge weight.

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Criteria JORC Code explanation Commentary
Whether sample sizes are appropriate to the
grain size of the material being sampled.
The sample sizes are considered appropriate for the material being sampled.
Quality of
assay data
and
laboratory
tests
The nature, quality and appropriateness of
the assaying and laboratory procedures
used and whether the technique is
considered partial or total.
A 40g fire assay charge for diamond drill holes and a 40g charge for face
samples is used with a lead flux in the furnace. The prill is totally digested by
HCl and HNO3acids before Atomic Absorption Spectroscopy (AAS)
determination for gold analysis.
For geophysical tools, spectrometers,
handheld XRF instruments, etc., the
parameters used in determining the analysis
including instrument make and model,
reading times, calibrations factors applied
and their derivation, etc.
No geophysical tools were used to determine any element concentrations.
Nature of quality control procedures adopted
(e.g., standards, blanks, duplicates, external
laboratory checks) and whether acceptable
levels of accuracy (i.e., lack of bias) and
precision have been established.
Certified reference materials (CRMs) are inserted into the sample sequence
at a rate of 1 per 20 samples to ensure correct calibration. Any values
outside of 3 standard deviations are re-assayed with a new CRM.
Blanks are inserted into the sample sequence at a rate of 1 per 20 samples.
The insertion points are selected at random, except where high grade
mineralisation is expected. In these cases, a Blank is inserted after the high-
grade sample to test for contamination. Results greater than 0.2gpt if
received are investigated, and re-assayed if appropriate. New pulps are
prepared if anomalous results cannot be resolved.
Barren flushes are regularly inserted after anticipated high gold grades at the
pulverising stage.
No field duplicates were submitted for diamond core.
Pulp duplicates are requested after any ore zone. These are indicated on the
sample sheet and the submission sheet.
When visible gold is observed in core, a quartz flush is requested after the
sample.
Laboratory performance was monitored using the results from the QA
samples mentioned above. This was supplemented by the internal QA
samples used by the laboratories, which included pulp duplicates and CRMs.
The QA studies indicate that accuracy and precision are within industry
accepted limits.
Verification
of
sampling
and
assaying
The verification of significant intersections by
either independent or alternative company
personnel.
All significant intersections are verified by another Northern Star geologist
during the drill hole validation process, and later by a Competent Person to
be signed off.
The use of twinned holes. No twinned holes were drilled for Raleigh. Re-drilling of some drill holes has
occurred due to issues downhole (e.g., bogged rods). These have been
captured in the database with an ‘A’ suffix. Re-drilled holes are sampled
whilst the original drill hole is logged but not sampled.
Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.
Geological logging and sampling are directly recorded into AcQuire. Assay
files are received in csv format and loaded directly into the database using an
AcQuire importer object. Assays are then processed through a form in
AcQuire for QAQC checks. Hardcopy and non-editable electronic copies of
these are stored.
Discuss any adjustment to assay data. No adjustments are made to this assay data.

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Criteria JORC Code explanation Commentary
Location of
data points
Accuracy and quality of surveys used to
locate drill holes (collar and down-hole
surveys), trenches, mine workings and other
locations used in Mineral Resource
estimation.
Planned holes are marked up by the mine survey department using a total
station survey instrument in mine grid (Kundana 10). The actual hole position
is then located by the mine survey department once drilling is completed. In
some cases, drill hole collar points are measured off survey stations if a
mark-up cannot be completed.
Holes are lined up on the collar point using the DHS Azimuth Aligner.
Planned azimuths and dips of the holes are downloaded to the aligner which
is then placed on the rod string to align the hole for drilling.
During drilling, single shot surveys are conducted every 30m to track the
deviation of the hole and to ensure it stays close to design. This is performed
using the DeviShot camera which measures the gravitational dip and
magnetic azimuth. Results are uploaded from the DeviShot software into a
csv format which is then imported into the AcQuire database. At the
completion of the hole, a Multishot (using the DeviFlex non-magnetic strain
gauge instrument) survey is completed, taking measurements every 3m to
ensure accuracy of the hole. This is converted to *.cvs format and imported
into the AcQuire database.
Specification of the grid system used. Collar coordinates are recorded in mine grid (Kundana 10) and transformed
into MGA94_51.
Quality and adequacy of topographic control. Quality topographic control has been achieved through Lidar data and survey
pickups of holes over the last 15 years.
Data
spacing
and
distribution
Data spacing for reporting of Exploration
Results.
Drill hole spacing varies across the deposit. For resource targeting drill
spacing was typically 60m x 60m. This allowed for infill drilling at 30m x 30m
spacing known as resource definition. Grade control drilling was drilled on a
level by level basis with drill spacing between 10m to 15m.
Whether the data spacing and distribution is
sufficient to establish the degree of
geological and grade continuity appropriate
for the Mineral Resource and Ore Reserve
estimation procedure(s) and classifications
applied.
The data spacing and distribution is considered sufficient to support the
Resource and Reserve estimates.
Whether sample compositing has been
applied.
No sample compositing has been applied.
Orientation
of data in
relation to
geological
structure
Whether the orientation of sampling
achieves unbiased sampling of possible
structures and the extent to which this is
known, considering the deposit type.
The major Raleigh structures dip steeply (80°) to the west (local grid).
Diamond drilling was designed to target the ore bodies as close to
perpendicular as possible, allowing for a favourable intersection angle. In
instances where this was not achievable (mostly due to drill platform
location), drilling was not completed or re-designed once a suitable platform
became available.
Drill holes with low intersection angles are excluded from resource estimation
where more suitable data is available.
If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to have
introduced a sampling bias, this should be
assessed and reported if material.
Robust data validation has been completed to ensure no sample bias is
introduced by including these holes.
Where drill holes have been particularly oblique, they have been flagged as
unsuitable for resource estimation.
Sample
security
The measures taken to ensure sample
security.
Prior to laboratory submission samples are stored by Northern Star
Resources in a secure yard. Once submitted to the laboratories they are

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Criteria JORC Code explanation Commentary
stored in a secure fenced compound, tracked through their chain of custody
and via audit trails.
Audits or
reviews
The results of any audits or reviews of
sampling techniques and data.
No audits have been undertaken of the data and sampling practices at this
stage.

Section 2: Reporting of Exploration Results (Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
tenement and
land tenure
status
Type, reference name/number, location
and ownership including agreements or
material issues with third parties such as
joint ventures, partnerships, overriding
royalties, native title interests, historical
sites, wilderness or national park and
environmental settings.
All holes mentioned in this report are located within either the M15/993 or
M16/157 Mining leases. M15/993 which is held by the East Kundana Joint
Venture (EKJV). The EKJV is majority owned (51%) and managed by
Northern Star Resources Limited. The minority holding in the EKJV is held
by Tribune Resources Ltd and Rand Mining Ltd. M16/157 is fully owned by
Northern Star Resources Limited.
The tenements on which the Raleigh and Sadler deposit is hosted is subject
to three royalty agreements. The agreements are the Kundana-Hornet
Central Royalty, the Lake Grace Royalty and the Kundana Pope John
Agreement No. 2602-13.
The security of the tenure held at the time
of reporting along with any known
impediments to obtaining a licence to
operate in the area.
No known impediments exist, and the tenements are in good standing.
Exploration
done by other
parties
Acknowledgment and appraisal of
exploration by other parties.
No other parties performed exploration work at Raleigh during the reporting
period. All previous exploration by other parties is summarised in open file
annual reports which are available from the DMIRS.
Geology Deposit type, geological setting and style
of mineralisation.
The Kundana gold camp is situated within the Norseman-Wiluna
Greenstone Belt, in an area dominated by the Zuleika shear zone, which
separates the Coolgardie domain from the Ora Banda domain.
Raleigh ore lodes are located along the Strzelecki structure, with mining
commencing in 2000. The Raleigh mineralisation consists of narrow,
laminated quartz veining on the contact between volcanogenic sedimentary
rock unit and andesite/gabbro (RMV). Sadler is the southern extent of
Raleigh with no clear geological boundary distinguishing them.
Underground mining began in Sadler in FY19.
Drill hole
Information
A summary of all information material to
the understanding of the exploration results
including a tabulation of the following
information for all Material drill holes:
easting and northing of the drill hole
collar
elevation or RL (Reduced Level –
elevation above sea level in metres) of
the drill hole collar
dip and azimuth of the hole
down hole length and interception
depth
holelength.
No new information released in this report.
The collar locations are presented in plots contained in the NSR 2021
resource report.
Drill holes vary in survey dip from +48 to -83, with hole depths ranging from
15m to 950m, and having an average depth of 180m. The assay data
acquired from these holes are described in the NSR 2021 resource report.
All the drill hole data were used directly or indirectly for the preparation of
the resource estimates described in the resource report.

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Criteria JORC Code explanation Commentary
If the exclusion of this information is
justified on the basis that the information is
not Material and this exclusion does not
detract from the understanding of the
report, the Competent Person should
clearly explain why this is the case.
No new information released in this report. Excluded information is not
thought material to this release.
Data
aggregation
methods
In reporting Exploration Results, weighting
averaging techniques, maximum and/or
minimum grade truncations (e.g., cutting of
high grades) and cut-off grades are usually
Material and should be stated.
No new information released in this report. All reported assay results have
been length weighted to provide an intersection width. A maximum of 2m of
low-grade material (considered < 2.0gpt) between mineralised samples has
been permitted in the calculation of these widths. Typically grades over
2.0gpt are considered significant, however, where wide zones of low grade
are intersected in areas of known mineralisation these will be reported. No
top-cutting is applied when reporting intersection results.
Where aggregate intercepts incorporate
short lengths of high grade results and
longer lengths of low grade results, the
procedure used for such aggregation
should be stated and some typical
examples of such aggregations should be
shown in detail.
Where an intersection incorporates short lengths of high grade results these
intersections will be reported in addition to the aggregate value. These will
typically take the form of ##.#m @ ##.##gpt including ##.#m @ ##.##gpt.
The assumptions used for any reporting of
metal equivalent values should be clearly
stated.
No metal equivalent values have been used for the reporting of these
exploration results.
Relationship
between
mineralisation
widths and
intercept
lengths
These relationships are particularly
important in the reporting of Exploration
Results:
True widths have been calculated for intersections of the known ore zones,
based on existing knowledge of the nature of these structures.
If the geometry of the mineralisation with
respect to the drill hole angle is known, its
nature should be reported.
Both the downhole width and true width have been clearly specified when
used.
If it is not known and only the down hole
lengths are reported, there should be a
clear statement to this effect (e.g., ‘down
hole length, true width not known’).
Generally estimated true width is reported. Down hole lengths are noted
where used.
Diagrams Appropriate maps and sections (with
scales) and tabulations of intercepts should
be included for any significant discovery
being reported These should include, but
not be limited to a plan view of drill hole
collar locations and appropriate sectional
views.
Appropriate plans and section have been included at the end of this Table.
Balanced
reporting
Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and
high grades and/or widths should be
practiced to avoid misleading reporting of
Exploration Results.
Both high and low grades have been reported accurately, clearly identified
with the drill hole attributes and ‘From’ and ‘To’ depths.
Other
substantive
exploration
data
Other exploration data, if meaningful and
material, should be reported including (but
not limited to): geological observations;
geophysical survey results; geochemical
survey results; bulk samples – size and
method of treatment; metallurgical test
No other material exploration data has been collected for this area.

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Criteria JORC Code explanation Commentary
results; bulk density, groundwater,
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.
Further work The nature and scale of planned further
work (e.g., tests for lateral extensions or
depth extensions or large-scale step-out
drilling).
There are no plans for drilling at Raleigh-Sadler in the coming year,
although this does not preclude future drilling to extend Raleigh-Sadler.
Diagrams clearly highlighting the areas of
possible extensions, including the main
geological interpretations and future drilling
areas, provided this information is not
commercially sensitive.
Appropriate diagrams accompany this release.

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RALEIGH & SADLER DEPOSITS

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Long section view of the Raleigh and Sadler deposits and data used for estimation
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Section 3: Estimation and Reporting of Mineral Resources

(Criteria listed in section 1, and where relevant in section 2, also apply to this section.)

Criteria JORC Code explanation Commentary
Database
integrity
Measures taken to ensure that data has
not been corrupted by, for example,
transcription or keying errors, between its
initial collection and its use for Mineral
Resource estimation purposes.
Sampling and logging data is either recorded on paper and manually
entered into a database system or is captured digitally via a logging laptop
and directly loaded into the database system. There are checks in place to
avoid duplicate holes and sample numbers. Where possible, raw data is
loaded directly into the database from laboratory and survey derived files.
Data validation procedures used. The database has further checks performed prior to estimation to confirm
data validity. The complete exported database (including drill and face
samples) is imported into Datamine and checked visually for any apparent
errors i.e., holes or faces sitting between levels or not on surface DTM’s.
Multiple checks are then made on numerical data. These include:
Empty table checks to ensure all relevant fields are populated
Unique collar location check
Distances between consecutive surveys is no more than 60m for drill-
holes
Differences in azimuth and dip between consecutive surveys of no more
than 0.3 degrees
The end of hole extrapolation from the last surveyed shot is no more
than 30m
Underground face sample lines are not greater than +- 5 degrees from
horizontal
Errors are corrected where possible. When not possible the data is
resource flagged as “No” in the database and the database is re-exported.
This data will not be used in the estimation process.
Several drilling programs completed between 2015 and 2016 had
erroneous meter depths recorded therefore these drill-holes have been
omitted from the ore wireframe interpretations and flagged as invalid.
However, where there were no QAQC issue with the assays, the correct
intervals have been recorded, the translation in the easting direction
required for them to be in the‘correct’location (based on development

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Criteria JORC Code explanation Commentary
above and below) applied, and these intervals were appended to the data
set before compositing.
In addition to being Resource Flagged as “Yes” or “No”, drill holes are
assigned a Data Class, which provides a secondary level of confidence in
the data quality. Data Class (DC) values range from 0 to 3, with criteria
summarised below:
DC 3 = Recent data; all data high quality, validated and all original data
available.
DC 2 = Historic data; may or may not have all data in AcQuire or hard
copy available but has proximity to recent drilling which confirms the dip,
width and tenor OR recent data with minor issues but away from the ore
zone.
DC 1 = Historic data; same criteria as DC 2 but cannot be verified with
recent drilling, i.e., too far away, or dissimilar dip, width and/or tenor to
recent drilling. Not to be used in Resource estimate.
DC 0 = Historic data; no original information or new drilling in proximity
to verify. Not to be used in Resource estimate.
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
The geological interpretations underpinning these resource models were
prepared by geologists working in the mine and in direct, daily contact with
the ore body. The estimation of grades was undertaken by personnel
familiar with the ore body and the general style of mineralisation
encountered. The Senior Resource Geologist, a competent person for
reviewing and signing off the Raleigh estimate maintained a site presence
throughout the process.
If no site visits have been undertaken
indicate why this is the case.
Site visits undertaken.
Geological
interpretation
Confidence in (or conversely, the
uncertainty of) the geological interpretation
of the mineral deposit.
The interpretation of the Raleigh and Sadler deposit was carried out using a
systematic approach to ensure continuity of the geology and estimated
mineral resource. The confidence in the geological interpretation is high
and is supported with information acquired during ore development as well
as from drilling.
Nature of the data used and of any
assumptions made.
All available geological data was used in the interpretation including
mapping, drill holes, underground face channel data, 3D photogrammetry
and structural models.
The effect, if any, of alternative
interpretations on Mineral Resource
estimation.
No alternative interpretations have been proposed.
The use of geology in guiding and
controlling Mineral Resource estimation.
The interpretation of Raleigh and Sadler mineralisation is based on the
presence of mineralised structure (veining and shear), ore-bearing
mineralogy (gold and associated sulphides), assayed samples and
continuity between sections.
The Raleigh Main Vein (RMV) is based on a high-grade laminated quartz
vein. Pinch-outs are common and significant time has been invested into
ensuring a wireframe model is created that best represents the variable
width of the lode. Volume considerations are of importance for the RMV as
the average ore width is < 0.3m.
The Raleigh Main Shear (RMS) is located adjacent to the RMV and
migrates between the hangingwall and footwall along the contact between
the quartz arenite (SAQ) and intermediate andesite (IA). It presents as a
zone of increased shearing and, on rare occasions, some minor veining can
also be present.
A halo lode has been used to estimate grade between the RMV and RMS.

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Criteria JORC Code explanation Commentary
Skinners Lode (SKV) is in the hanging wall of the RMV and presents as a
chalky-white vein (as opposed to the laminated grey-white RMV). Pinch-
outs are less common, and width is more consistent than the RMV.
Skinners Lode truncates against the RMV at its southern extent.
The ZZ and ZZ2 are hanging wall lodes comprised of stockwork-style vein
arrays which dips shallowly to the west. They are truncated at the east by
the RMV and at the west by the SKV.
The RMVS lode includes both the Raleigh vein and shear structures where
data density is not sufficient to confidently separate the two mineralisation
types. This has been extended from Raleigh to Sadler and constitutes
much of the Sadler ore body where the RMV has not been delineated from
ore development.
The factors affecting continuity both of
grade and geology.
Grade continuity is affected when the percentage of quartz decreases
within the main Raleigh structure and only a sheared structure remains.
This results in lower grade in areas where only shear is present and higher
grade where quartz is evident.
Dimensions The extent and variability of the Mineral
Resource expressed as length (along
strike or otherwise), plan width, and depth
below surface to the upper and lower limits
of the Mineral Resource.
The strike length of the different ore systems varies from ~100m to 600m,
the Raleigh Main Vein and Shear (RMVS) being the most extensive. The
individual ore bodies occur in a major regional Zuleika shear system
extending over 10s of kilometres.
Ore body widths are typically in the range of 0.1 - 1.1m. RMV records the
narrowest at 0.1m and SKV the widest at 1.1m. RMV has an average width
of 0.3m
Mineralisation is known to occur from the base of cover to around 900m
below surface.
Estimation
and modelling
techniques
The nature and appropriateness of the
estimation technique(s) applied and key
assumptions, including treatment of
extreme grade values, domaining,
interpolation parameters and maximum
distance of extrapolation from data points.
If a computer assisted estimation method
was chosen include a description of
computer software and parameters used.
Raleigh mineralisation zones, except for the Raleigh Main Shear (RMS),
used direct grade estimation by Ordinary Kriging. The RMS was estimated
using Categorical Indicator Kriging. Typically, full length composites were
used, determined from statistical analysis of all sample lengths in the
domain dataset. All estimation was completed using Datamine RM
software. Details on the estimation by ore lode is summarised below:
RMV– Estimated as a single domain. Data was top cut to 1,000gpt using
the influence limitation approach. Variography was completed on the
composited data file, indicating grade continuity plunging moderately to the
north. Searches were completed in three passes. Search ranges of 100m in
direction 1 (dir1), 75m in direction 2 (dir2) and 50m in direction 3 (dir3) were
used.
RMS– divided into two grade subdomains. Binary estimate completed on
composited data set with indicators (0 or 1) applied based on grade cut-off
(> 2.5gpt) and quartz vein presence (vein logged in LITH1 field). Estimate
returns result between 0 and 1. Cut-off of 0.45 chosen to ascertain two
grade subdomains (high grade and low grade) for final gold estimate. Data
sets top cut to 150gpt (high grade subdomain) or 50gpt (low grade
subdomain) using the influence limitation approach. Same variogram and
search parameters used for both high- and low-grade subdomains.
Variograms indicate grade continuity plunging moderately to the north.
Searches were completed in three passes. Search ranges of 100m in dir1,
80m in dir2 and 40m in dir3 were used.
RMVN– Divided into two subdomains based on data density. Data was top
cut to 500gpt and 100gpt (for high-density and low-density subdomains
respectively) using the influence limitation approach. Variography was
completed on the composited data file, indicating grade continuity plunging
steeply to the north. Searches were completed in three passes. For the
high data-density estimate, search ranges of 100m in dir1, 50m in dir2 and
100m in dir3 were used. For the low data-density estimate, search ranges
of 190m in dir1, 140m in dir2 and 70m in dir3 were used. Estimation was

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Criteria JORC Code explanation Commentary
completed using a soft boundary between the high and low-density
subdomains and between adjacent Raleigh domains (RMV, RMS and
RMVS).
RMVS– Divided into two subdomains based on grade. Data was top cut to
200gpt and 10gpt (for high-grade and low-grade subdomains respectively)
using the influence limitation approach. Variography was completed on the
composited data file, indicating grade continuity plunging moderately to the
south. Searches were completed in three passes. For the high-grade
estimate, search ranges of 150m in dir1, 80m in dir2 and 50m in dir3 were
used. For the low-grade estimate, search ranges of 250m in dir1, 150m in
dir2 and 100m in dir3 were used. Estimation was completed using a soft
boundary between the high and low-density subdomains and between
adjacent Raleigh domains (RMV, RMS and RMVN).
RMV/RMS Halo(halo) - Estimated as a single domain. Data was top cut to
10gpt using the influence limitation approach. Variography borrowed from
the RMV estimate, as not enough sample pairs were available to construct
a coherent variogram. Searches were completed in three passes. Search
ranges of 100m in dir1, 75m in dir2 and 50m in dir3 were used.
SKV– Divided into two subdomains based on grade. Data was top cut to
600gpt and 30gpt (for high-grade and low-grade subdomains respectively)
using the influence limitation approach. Variography was completed on the
composited data file, indicating grade continuity plunging moderately to the
north. Searches were completed in three passes. For the high-grade
estimate, search ranges of 100m in dir1, 60m in dir2 and 40m in dir3 were
used. For the low-grade estimate, search ranges of 100m in dir1, 50m in
dir2 and 30m in dir3 were used.
ZZ- Estimated as a single domain. Data was top cut to 60gpt using the
influence limitation approach. Variography was completed on the
composited data file, indicating grade continuity plunging shallowly to the
south. Searches were completed in three passes. Search ranges of 30m in
dir1, 15m in dir2 and 10m in dir3 were used.
ZZ2- Estimated as a single domain. Data was top cut to 40gpt using the
influence limitation approach. Variography was completed on the
composited data file, indicating grade continuity plunging moderately to the
north. Searches were completed in three passes. Search ranges of 25m in
dir1, 15m in dir2 and 10m in dir3 were used.
The availability of check estimates,
previous estimates and/or mine production
records and whether the Mineral Resource
Estimate takes appropriate account of
such data.
Check estimates have been completed for all lodes. These include Inverse
Distance (ID3) and Nearest Neighbour (NN) estimates.
The assumptions made regarding recovery
of by-products.
No assumptions are made, and gold is the only metal defined for
estimation.
Estimation of deleterious elements or other
non-grade variables of economic
significance (e.g., sulphur for acid mine
drainage characterisation).
No deleterious elements were estimated in the model.
In the case of block model interpolation,
the block size in relation to the average
sample spacing and the search employed.
Block sizes varied depending on sample density. In areas of high data-
density (underground face samples with average spacing of 3 – 4m) a 5 x 5
x 5m block size was chosen. Low density drill spacing is defined as
approximately 30m or greater and a 10 x 10 x 10m block size was chosen.
Estimates were completed with soft boundaries between varying block size
estimates (unless a geological feature and contact analysis indicated a hard

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Criteria JORC Code explanation Commentary
boundary was required) and added together following individual estimation
for final validations.
Search ellipse dimensions were derived from the variogram model ranges,
or isotropic ranges based on data density where insufficient data was
present for variography analysis.
Any assumptions behind modelling of
selective mining units.
Selective mining units were not used during the estimation process.
Any assumptions about correlation
between variables.
All variables were estimated independently of each other. Density has used
estimation parameters based on gold.
Description of how the geological
interpretation was used to control the
resource estimates.
Hangingwall and footwall wireframe surfaces were created using sectional
interpretation. These were used to define the Raleigh mineralised zones
based on the geology and gold grade.
Raleigh Main Vein (RMV) - Steeply dipping structure with smoky quartz
veining evident from drilling and development.
Raleigh Main Vein South (RMVS) - Steeply dipping structure with smoky
quartz veining and shearing evident from drilling and development.
Raleigh Main Vein North (RMVN) - Steeply dipping structure with smoky
quartz veining evident from drilling and development.
Raleigh Main Shear (RMS) - Steeply dipping shear structure sitting in the
footwall of the RMV with occasional quartz vein strings, evident from
development.
Skinners Vein (SKV) - Steeply dipping structure with chalky-white quartz
veining sitting in the hanging wall of the RMV.
ZZ/ZZ2 - Low angled narrow stacked quartz veining, sitting between the
RMV and SKV, evident from drilling and development in the 5880 level.
For mine planning purposes a waste model is created by projecting the
hanging wall and footwall surfaces 15m either side. A default grade of
0.1gpt is assigned and the same resource classification as the adjacent ore
lode is applied.
Discussion of basis for using or not using
grade cutting or capping.
Top cuts were applied to the composited sample data. Top cuts were
selected based on a statistical analysis of the data. Top cuts vary by
domain and range from 10gpt to 1,000gpt.
The top cut values are applied using technique called influence limitation
top cutting. A top cut (AU) and non-top cut (_NC) variable is created, as
well as a spatial variable (
_BC) which only has values where the top cut
values appear. For example, where gold requires a top cut, the following
variables will be created and estimated:
AU (top cut gold)
AU_NC (non- top-cut gold)
AU_BC (spatial variable; values present where AU data is top cut)
The top-cut and non-top cut values are estimated using search ranges
based on the modelled gold variogram, and the _BC values estimated
using very small ranges (e.g., 5m x 5m x5m). Where the
_BC values
produce estimated blocks within these restricted ranges, the *_NC
estimated values replace the original top cut estimated values (AU).
A hard top cut is applied instead of/as well in the following situations:
If there are extreme outliers within an ore domain

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Criteria JORC Code explanation Commentary
If the area has a history of poor reconciliation (i.e., overcalling)
The process of validation, the checking
process used, the comparison of model
data to drill hole data, and use of
reconciliation data if available.
Statistical measures of Kriging error, such as Kriging Efficiency and Slope
of Regression, are used to assess the quality of the estimation for each
domain.
Differences in the global grade of the top-cut, declustered composite data
set and the average model grade were within 10%, or justification for a
difference outside 10% was explicable.
Swath plots comparing top-cut, declustered composites to block model
grades are created and visual plots are prepared summarising the critical
model parameters.
Visually, block grades are assessed against drill hole and face data.
Moisture Whether the tonnages are estimated on a
dry basis or with natural moisture, and the
method of determination of the moisture
content.
Tonnages are estimated on a dry basis.
Cut-off
parameters
The basis of the adopted cut-off grade(s)
or quality parameters applied.
The Mineral Resource Estimate has been reported at a 2.11gpt cut off
within 2.5m minimum mining width (no dilution applied) MSOs using a
$AUD2,250/oz gold price
Mining factors
or
assumptions
Assumptions made regarding possible
mining methods, minimum mining
dimensions and internal (or, if applicable,
external) mining dilution. It is always
necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential mining methods, but the
assumptions made regarding mining
methods and parameters when estimating
Mineral Resources may not always be
rigorous. Where this is the case, this
should be reported with an explanation of
the basis of the mining assumptions made.
No mining assumptions have been made during the resource wireframing
or estimation process.
Metallurgical
factors or
assumptions
The basis for assumptions or predictions
regarding metallurgical amenability. It is
always necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential metallurgical methods, but the
assumptions regarding metallurgical
treatment processes and parameters made
when reporting Mineral Resources may not
always be rigorous. Where this is the case,
this should be reported with an explanation
of the basis of the metallurgical
assumptions made.
Metallurgical test work results show that the mineralisation is amendable to
processing through the Kanowna Belle treatment plant.
Ore processing throughput and recovery parameters were estimated based
on historic performance and potential improvements available using current
technologies and practices.
Environmental
factors or
assumptions
Assumptions made regarding possible
waste and process residue disposal
options. It is always necessary as part of
the process of determining reasonable
prospects for eventual economic extraction
to consider the potential environmental
impacts of the mining and processing
operation. While at this stage the
determination of potential environmental
impacts, particularly for a green fields
project, may not always be well advanced,
the status of early consideration of these
A “Licence to Operate” is held by the operation which is issued under the
requirement of the “Environmental Protection Act 1986”, administered by
the Department of Environment (DoE). The licence stipulates environmental
conditions for the control of air quality, solid waste management, water
quality, and general conditions for operation. Groundwater Licences are
held for water abstraction, including production bore field water use for
mineral processing, and mine dewatering, in accordance with the Rights in
Water and Irrigation Act 1914. These Licences are also regulated by DoE
and are renewable on a regular basis. Kanowna Operations conduct
extensive environmental monitoring and management programs to ensure
compliance with the requirements of the licences and lease conditions. An
Environmental Management System is in place to ensure that Northern Star

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Criteria JORC Code explanation Commentary
potential environmental impacts should be
reported. Where these aspects have not
been considered this should be reported
with an explanation of the environmental
assumptions made.
employees and contractors meet or exceed environmental compliance
requirements.
The Kalgoorlie operations are fully permitted including groundwater
extraction and dewatering, removal of vegetation, mineral processing, and
open pits.
Kalgoorlie Operations have been compliant with the International Cyanide
Management Code since 2008.
Compliance with air quality permits at Kanowna because of the roaster
operation. Kanowna has a management program in place to minimize the
impact of SO2on regional air quality and ensure compliance with regulatory
limits.
Bulk density Whether assumed or determined. If
assumed, the basis for the assumptions. If
determined, the method used, whether wet
or dry, the frequency of the measurements,
the nature, size and representativeness of
the samples.
A thorough investigation into average density values for the various
lithological units at Raleigh-Sadler was completed and the mean densities
by lithology were coded into the database. Where there were no
measurements for a specific lithology and default of 2.7 t/m3was applied.
Density was then estimated by Ordinary Kriging using the associated gold
estimation parameters for that domain. Post estimation, default density
values for the oxide and transition zones were applied, based on regional
averages.
The bulk density for bulk material must
have been measured by methods that
adequately account for void spaces (vugs,
porosity, etc.), moisture and differences
between rock and alteration zones within
the deposit.
No/minimal voids are encountered in the ore zones and underground
environment.
Discuss assumptions for bulk density
estimates used in the evaluation process
of the different materials.
Assumptions on the average bulk density of individual lithologies, based on
2,920 bulk density measurements at Raleigh. Assumptions were also made
based on regional averages, on the default densities applied to oxide (1.8
t/m³) and transitional (2.3 t/m³) material, due to lack of measurements in
these zones.
Classification The basis for the classification of the
Mineral Resources into varying confidence
categories.
Classification is based on a series of factors including:
Geologic grade continuity
Density of available drilling
Statistical evaluation of the quality of the kriging estimate
Confidence in historical data, based on the new Data Class system
Whether appropriate account has been
taken of all relevant factors (i.e., relative
confidence in tonnage/grade estimations,
reliability of input data, confidence in
continuity of geology and metal values,
quality, quantity and distribution of the
data).
All relevant factors have been given due weighting during the classification
process.
Whether the result appropriately reflects
the Competent Person’s view of the
deposit.
The resource model methodology is appropriate, and the estimated grades
reflect the Competent Persons’ view of the deposit.
Audits or
reviews
The results of any audits or reviews of
Mineral Resource Estimates.
All resource models have been subjected to internal peer reviews.
Discussion of
relative
Where appropriate a statement of the
relative accuracy and confidence level in
the Mineral Resource Estimate using an
approach or procedure deemed
These Mineral Resource Estimates are considered as robust and
representative of the Strzelecki style of mineralisation. The relative

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Criteria JORC Code explanation Commentary
accuracy/
confidence
appropriate by the Competent Person. For
example, the application of statistical or
geostatistical procedures to quantify the
relative accuracy of the resource within
stated confidence limits, or, if such an
approach is not deemed appropriate, a
qualitative discussion of the factors that
could affect the relative accuracy and
confidence of the estimate.
accuracy of the Mineral Resource Estimate is reflected in the reporting of
the Mineral Resource as per the guidelines of the 2012 JORC Code.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
economic evaluation. Documentation
should include assumptions made and the
procedures used.
The statement relates to global estimates of tonnes and grade.
These statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
No reconciliation factors are applied to the resource post-modelling.

Section 4: Estimation and Reporting of Ore Reserves

(Criteria listed in section 1, and where relevant in sections 2 and 3, also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
Resource
Estimate for
conversion to
Ore Reserves
Description of the Mineral Resource
Estimate used as a basis for the
conversion to an Ore Reserve.
Northern Star 2021MY Resource.
Clear statement as to whether the Mineral
Resources are reported additional to, or
inclusive of, the Ore Reserves.
The Mineral Resources are reported inclusive of the Ore Reserve.
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
Site visits have been undertaken by the Competent Person.
If no site visits have been undertaken
indicate why this is the case.
Site visits undertaken.
Study status The type and level of study undertaken to
enable Mineral Resources to be converted
to Ore Reserves.
Feasibility Study.
The Code requires that a study to at least
Pre-Feasibility Study level has been
undertaken to convert Mineral Resources
to Ore Reserves. Such studies will have
been carried out and will have determined
a mine plan that is technically achievable
and economically viable, and that material
Modifying Factors have been considered.
Upgrade of previous Ore Reserve.

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Criteria JORC Code explanation Commentary
Cut-off
parameters
The basis of the cut-off grade(s) or quality
parameters applied.
Budget costs and physicals form the basis for Cut Off Grade calculations.
Mill recovery is calculated based on historical recoveries achieved.
Various cut off grades are calculated including a break-even cut-off grade
(BCOG), variable cut-off grade (VCOG) and Mill cut-off grade (MCOG). The
VCOG is used as the basis for stope design, and then final designs
assessed by detailed financial analysis to confirm their profitability.
Mining factors
or
assumptions
The method and assumptions used as
reported in the Pre-Feasibility or Feasibility
Study to convert the Mineral Resource to
an Ore Reserve (i.e., either by application
of appropriate factors by optimisation or by
preliminary or detailed design).
Mineral Resource is converted to Ore Reserve after completing a detailed
mine design and associated financial assessment.
The choice, nature and appropriateness of
the selected mining method(s) and other
mining parameters including associated
design issues such as pre-strip, access,
etc.
Selected mining method deemed appropriate as it has been used at
Raleigh since 2005.
The assumptions made regarding
geotechnical parameters (e.g., pit slopes,
stope sizes, etc.), grade control and pre-
production drilling.
Design parameters include a 22m level spacing with a stope strike length of
15m for dilution control purposes. This correlates to a Hydraulic Radius of
4.5m.
The major assumptions made, and Mineral
Resource model used for pit and stope
optimisation (if appropriate).
Not applicable - this table one applies to underground mining only.
The mining dilution factors used. Based on historical mine performance, mining dilution of 20% rock plus
10% paste for stoping additional to minimum mining width is applied, as
well as 10% dilution for Ore development.
The mining recovery factors used. Mining recovery factor of 98% is applied based on historical data.
Any minimum mining widths used. A minimum stope width of 3.0m where the vein is less than 2m wide. An
additional 1m is applied where the vein width is greater than 2m wide.
The manner in which Inferred Mineral
Resources are utilised in mining studies
and the sensitivity of the outcome to their
inclusion.
Designed stopes with greater than 50% inferred blocks are excluded from
the reported Reserve.
The infrastructure requirements of the
selected mining methods.
Infrastructure in place, currently an operating mine.
Metallurgical
factors or
assumptions
The metallurgical process proposed and
the appropriateness of that process to the
style of mineralisation.
EKJV ore is treated at the Kanowna Belle milling facilities or additional ore
to toll treatment facilities as required. The Kanowna Belle Mill is designed to
handle approximately 2.0 million tonnes of feed per annum. The plant has
the capability to treat both refractory and free milling ores, through either
using the flotation circuit and associated concentrate roaster circuit,
including carbon-in-leach (CIL) gold recovery, or bypassing the flotation
circuit and going directly to a CIL circuit designed to treat flotation tails. The
plant campaigns both refractory and free milling ores every month. Between
campaigns, the circuit is “cleaned out” using mineralised waste. The plant is
made up of crushing, grinding, gravity gold recovery, flotation, roasting, CIL,
elution and gold recovery circuits.

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Criteria JORC Code explanation Commentary
Whether the metallurgical process is well-
tested technology or novel in nature.
Milling experience gained over plus 10 years operation.
The nature, amount and
representativeness of metallurgical test
work undertaken, the nature of the
metallurgical domaining applied and the
corresponding metallurgical recovery
factors applied.
Milling experience gained over plus 10 years operation.
Any assumptions or allowances made for
deleterious elements.
No assumption made.
The existence of any bulk sample or pilot
scale test work and the degree to which
such samples are considered
representative of the orebody as a whole.
Milling experience gained over plus 10 years operation.
For minerals that are defined by a
specification, has the ore Reserve
estimation been based on the appropriate
mineralogy to meet the specifications?
Not applicable.
Environmental The status of studies of potential
environmental impacts of the mining and
processing operation. Details of waste rock
characterisation and the consideration of
potential sites, status of design options
considered and, where applicable, the
status of approvals for process residue
storage and waste dumps should be
reported.
Raleigh is currently compliant with all legal and regulatory requirements. All
government permits and Licences and statutory approvals are granted.
Infrastructure The existence of appropriate infrastructure:
availability of land for plant development,
power, water, transportation (particularly
for bulk commodities), labour,
accommodation; or the ease with which
the infrastructure can be provided or
accessed.
All current site infrastructure is suitable to the proposed mining plan.
Costs The derivation of, or assumptions made,
regarding projected capital costs in the
study.
Mine development capital cost based on historical performance on site and
life-of-mine forward planning. Plant and equipment capital are based on site
experience and the LOM plan.
The methodology used to estimate
operating costs.
All overhead costs and operational costs are projected forward on a first
principals modelling basis.
Allowances made for the content of
deleterious elements.
No allowances made.
The derivation of assumptions made of
metal or commodity price(s), for the
principal minerals and co- products.
Corporate guidance.
The source of exchange rates used in the
study.
Corporate guidance.

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Criteria JORC Code explanation Commentary
Derivation of transportation charges. Historic performance.
The basis for forecasting or source of
treatment and refining charges, penalties
for failure to meet specification, etc.
Historic performance.
The allowances made for royalties
payable, both Government and private.
All royalties are built into the cost model.
Revenue
factors
The derivation of, or assumptions made
regarding revenue factors including head
grade, metal or commodity price(s)
exchange rates, transportation and
treatment charges, penalties, net smelter
returns, etc.
AUD$ 1,750/oz gold.
The derivation of assumptions made of
metal or commodity price(s), for the
principal metals, minerals and co-products.
Corporate guidance.
Market
assessment
The demand, supply and stock situation for
the particular commodity, consumption
trends and factors likely to affect supply
and demand into the future.
It is assumed all gold is sold directly to market at the Corporate gold price
guidance of AUD$1,750/oz.
A customer and competitor analysis along
with the identification of likely market
windows for the product.
Not Applicable.
Price and volume forecasts and the basis
for these forecasts.
Corporate guidance.
For industrial minerals the customer
specification, testing and acceptance
requirements prior to a supply contract.
Not Applicable.
Economic The inputs to the economic analysis to
produce the net present value (NPV) in the
study, the source and confidence of these
economic inputs including estimated
inflation, discount rate, etc.
All costs assumptions are made based on historical performance from the
mine and current economic forecast seen as representative of current
market conditions.
NPV ranges and sensitivity to variations in
the significant assumptions and inputs.
Sensitivities have been used with gold price ranges of AUD$1,500 to
AUD$2,000 per ounce.
Social The status of agreements with key
stakeholders and matters leading to social
licence to operate.
Agreements are in place and are current with all key stakeholders.
Other To the extent relevant, the impact of the
following on the project and/or on the
estimation and classification of the Ore
Reserves:
No Issues.
Any identified material naturally occurring
risks.
No Issues.

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Criteria JORC Code explanation Commentary
The status of material legal agreements
and marketing arrangements.
No Issues.
The status of governmental agreements
and approvals critical to the viability of the
project, such as mineral tenement status,
and government and statutory approvals.
There must be reasonable grounds to
expect that all necessary Government
approvals will be received within the
timeframes anticipated in the Pre-
Feasibility or Feasibility study. Highlight
and discuss the materiality of any
unresolved matter that is dependent on a
third party on which extraction of the
Reserve is contingent.
No Issues.
Classification The basis for the classification of the Ore
Reserves into varying confidence
categories.
Ore Reserves classifications are derived from the underlying resource
model classifications – i.e., Measure Resource material is converted to
either Proved or Probable Reserves, with Indicated Resource material
converting to Probable Reserve.
Whether the result appropriately reflects
the Competent Person’s view of the
deposit.
The results accurately reflect the competent persons view of the deposit.
The proportion of Probable Ore Reserves
that have been derived from Measured
Mineral Resources (if any).
Nil.
Audits or
reviews
The results of any audits or reviews of Ore
Reserve estimates.
The Ore Reserve has been internally reviewed in line with Northern Star
Resource governance standard for Reserves and Resources. There have
been no external reviews of this Ore Reserve estimate.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in
the Ore Reserve estimate using an
approach or procedure deemed
appropriate by the Competent Person. For
example, the application of statistical or
geostatistical procedures to quantify the
relative accuracy of the Reserve within
stated confidence limits, or, if such an
approach is not deemed appropriate, a
qualitative discussion of the factors which
could affect the relative accuracy and
confidence of the estimate.
Confidence in the model and Ore Reserve Estimate is considered high
based on current mine and reconciliation performance.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
economic evaluation. Documentation
should include assumptions made and the
procedures used.
Estimates are global but will be reasonably accurate on a local scale.
Accuracy and confidence discussions
should extend to specific discussions of
any applied Modifying Factors that may
have a material impact on Ore Reserve
viability, or for whichthere areremaining
Not applicable.

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Criteria JORC Code explanation Commentary
areas of uncertainty at the current study
stage.
It is recognised that this may not be
possible or appropriate in all
circumstances. These statements of
relative accuracy and confidence of the
estimate should be compared with
production data, where available.
Historical reconciliation of Raleigh Mine production has been used in the
generation both the underlying Mineral Resource Estimate and subsequent
modifying factors applied to develop an Ore Reserve.

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Carbine: JORC Code, 2012 Edition – Table 1 Report

Paradigm: Resources and Reserves – 31 March 2021

Section 1: Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria JORC Code explanation Commentary
Sampling
techniques
Nature and quality of sampling (e.g., cut
channels, random chips, or specific
specialised industry standard measurement
tools appropriate to the minerals under
investigation, such as down hole gamma
sondes, or handheld XRF instruments, etc.).
These examples should not be taken as
limiting the broad meaning of sampling.
Sampling was completed using a combination of Reverse Circulation (RC)
and Diamond (DD) drilling.
Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any measurement
tools or systems used.
RC samples were split using a rig-mounted cone splitter on 1m intervals to
obtain a sample for assay.
Diamond core was placed in core trays for logging and sampling. Half core
samples were nominated by the geologist from diamond core with a minimum
sample width of either 20cm (HQ) or 30cm (NQ2).
Aspects of the determination of
mineralisation that are Material to the Public
Report. In cases where ‘industry standard’
work has been done this would be relatively
simple (e.g., ‘reverse circulation drilling was
used to obtain 1m samples from which 3kg
was pulverised to produce a 30g charge for
fire assay’). In other cases, more
explanation may be required, such as where
there is coarse gold that has inherent
sampling problems. Unusual commodities or
mineralisation types (e.g., submarine
nodules) may warrant disclosure of detailed
information.
RC sampling was split using a rig mounted cone splitter to deliver a sample
of approximately 3kg.
DD drill core was cut in half using an automated core saw, the mass of
material collected will varies on the hole diameter and sampling interval
All samples were delivered to a commercial laboratory where they were
dried, crushed to 95% passing 3mm if required, at this point large samples
may be split using a rotary splitter, pulverisation to 95% passing 75µm, a 50g
charge was selected for fire assay
Drilling
techniques
Drill type (e.g., core, reverse circulation,
open-hole hammer, rotary air blast, auger,
Bangka, sonic, etc.) and details (e.g., core
diameter, triple or standard tube, depth of
diamond tails, face-sampling bit or other
type, whether core is oriented and if so, by
what method, etc.).
Both RC and Diamond Drilling techniques were used at the Paradigm project
Diamond drill holes completed pre-2014 were predominantly NQ2 (50.5mm).
All resource definition holes completed post 2014 up to 2016 were drilled
using HQ (63.5mm) diameter core. Post-2017 drill holes have been
predominately HQ from surface with NQ tails.
Core was orientated using the Reflex ACT Core orientation system
RC Drilling was completed using a 5.75” drill bit, downsized to 5.25” at depth.
In limited cases, RC pre-collars were drilled followed by diamond tails. Pre-
collar depth was to 180m or less if approaching known mineralization
Drill
sample
recovery
Method of recording and assessing core and
chip sample recoveries and results
assessed.
Moisture content and sample recovery is recorded for each RC sample.
Measures taken to maximise sample
recovery and ensure representative nature
of the samples.
RC drilling contractors adjust their drilling approach to specific conditions to
maximise sample recovery. No recovery issues were identified during 2014-

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Criteria JORC Code explanation Commentary
2017 RC drilling. Recovery was poor at the very beginning of each hole, as is
normal for this type of drilling in overburden
For diamond drilling, the contractors adjust their rate of drilling and method if
recovery issues arise. All recovery is recorded by the drillers on core blocks.
This is checked and compared to the measurements of the core by the
geological team. Any issues are communicated back to the drilling contractor.
Whether a relationship exists between
sample recovery and grade and whether
sample bias may have occurred due to
preferential loss/gain of fine/coarse material.
No relationship or bias has been identified between grade and sample
recovery.
Logging Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate Mineral
Resource estimation, mining studies and
metallurgical studies.
All diamond core is logged for regolith, lithology, veining, alteration,
mineralisation and structure. Structural measurements of specific features
are also taken through oriented zones.
RC sample chips are logged in 1m intervals for the entire length of each hole.
Regolith, lithology, alteration, veining and mineralisation are all recorded.
Whether logging is qualitative or quantitative
in nature. Core (or costean, channel, etc.)
photography.
All logging is quantitative where possible and qualitative elsewhere. A
photograph is taken of every core tray.
The total length and percentage of the
relevant intersections logged.
In all instances, the entire drill hole is logged.
Sub-
sampling
techniques
and sample
preparation
If core, whether cut or sawn and whether
quarter, half or all core taken.
Diamond core is cut using an automated core saw. In most cases, half the
core is taken for sampling with the remaining half being stored for later
reference.
If non-core, whether riffled, tube sampled,
rotary split, etc. and whether sampled wet or
dry.
All RC samples are split using a rig-mounted cone splitter to collect a 1m
sample 3-4kg in size. All samples were intended and assumed to be dry,
moisture content was recorded for every sample.
For all sample types, the nature, quality and
appropriateness of the sample preparation
technique.
Preparation of NSR samples was conducted at Genalysis and MinAnalytical
preparation facilities, commencing with sorting, checking and drying at less
than 110°C to prevent sulphide breakdown. Samples are jaw crushed to a
nominal -6mm particle size. If the sample is greater than 3kg a Boyd crusher
with rotary splitter is used to reduce the sample size to less than 3kg
(typically 1.5kg) at a nominal <3mm particle size.
The entire crushed sample (if less than 3kg) or sub-sample is then pulverised
to 90% passing 75µm, using a Labtechnics LM5 bowl pulveriser. 300g Pulp
subsamples are then taken with an aluminium scoop and stored in labelled
pulp packets.
The sample preparation is considered appropriate for the deposit.
Quality control procedures adopted for all
sub-sampling stages to maximise
representivity of samples.
Procedures are utilised to guide the selection of sample material in the field.
Standard procedures are used for all process within the laboratory. Grind
checks are performed at both the crushing stage (3mm) and pulverising
stage (75µm), requiring 90% of material to pass through the relevant size.
Measures taken to ensure that the sampling
is representative of the in-situ material
collected, including for instance results for
field duplicate / second-half sampling.
Field duplicates were taken for RC samples on a ratio of 1 in 20.
Umpire sampling programs are carried out on an ad-hoc basis.

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Criteria JORC Code explanation Commentary
Whether sample sizes are appropriate to the
grain size of the material being sampled.
The sample sizes are considered appropriate for the material being sampled.
Quality of
assay data
and
laboratory
tests
The nature, quality and appropriateness of
the assaying and laboratory procedures
used and whether the technique is
considered partial or total.
A 50 gm fire assay charge is used with a lead flux in the furnace. The prill is
totally digested by HCl and HNO3acids before Atomic Absorption
Spectroscopy (AAS) determination for gold analysis.
For geophysical tools, spectrometers,
handheld XRF instruments, etc., the
parameters used in determining the analysis
including instrument make and model,
reading times, calibrations factors applied
and their derivation, etc.
No geophysical tools were used to determine any element concentrations
Nature of quality control procedures adopted
(e.g., standards, blanks, duplicates, external
laboratory checks) and whether acceptable
levels of accuracy (i.e., lack of bias) and
precision have been established.
Certified reference materials (CRMs) are inserted into the sample sequence
randomly at a rate of 1 per 20 samples to ensure correct calibration. Any
values outside of 3 standard deviations are re-assayed with a new CRM.
Blanks are inserted into the sample sequence at a rate of 1 per 20 samples.
The insertion points are selected at random, except where high grade
mineralisation is expected. In these cases, a Blank is inserted after the high
grade sample to test for contamination. Results greater than 0.2gpt if
received are investigated, and re-assayed if appropriate. New pulps are
prepared if anomalous results cannot be resolved.
Barren flushes are regularly inserted after anticipated high gold grades at the
pulverising stage.
Field Duplicates are taken for all RC samples and submitted for analysis
based on a range of primary assay results skewed towards anomalous gold
grades. No Field duplicates are submitted for diamond core.
No bias has been established through the use of these procedures.
Verification
of
sampling
and
assaying
The verification of significant intersections by
either independent or alternative company
personnel.
All significant intersections are verified by another Northern Star geologist
during the drill hole validation process, and later by a Competent person to
be signed off
The use of twinned holes. No twinned holes were drilled for this data set
Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.
Geological logging is directly entered into an AcQuire database. Assay files
are received in *.csv format and loaded directly into the database by the
project’s responsible geologist with an AcQuire importer object. Hardcopy
and electronic copies of these are stored
Discuss any adjustment to assay data. No adjustments are made to this assay data.
Location of
data points
Accuracy and quality of surveys used to
locate drill holes (collar and down-hole
surveys), trenches, mine workings and other
locations used in Mineral Resource
estimation.
A planned hole is pegged using a Differential GPS by the field assistants.
The final collar is picked up after hole completion by Cardno Survey with a
Differential GPS in the MGA 94_51 grid.
During drilling single-shot surveys are every 30m to ensure the hole remains
close to design. This is performed using the Reflex EZ-Trac system which
measures the gravitational dip and magnetic azimuth results are uploaded
directly from the Reflex software export into the AcQuire database.

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Criteria JORC Code explanation Commentary
Specification of the grid system used. Collar coordinates are recorded in MGA94 Zone 51
Quality and adequacy of topographic control. The Differential GPS returns reliable elevation data which has been
confirmed against a high resolution Digital Terrain Model survey performed
by Arvista in 2015
Data
spacing
and
distribution
Data spacing for reporting of Exploration
Results.
Drill hole spacing across the area varies from approximately 20m to 100m
spacing.
Whether the data spacing and distribution is
sufficient to establish the degree of
geological and grade continuity appropriate
for the Mineral Resource and Ore Reserve
estimation procedure(s) and classifications
applied.
Resource definition drilling spacing was typically 40m x 40m, to allow the
resource to be upgraded to indicated. Surrounding exploration drilling can be
spaced up to 200m apart.
Whether sample compositing has been
applied.
Sample data is composited before grade estimation is undertaken.
Orientation
of data in
relation to
geological
structure
Whether the orientation of sampling
achieves unbiased sampling of possible
structures and the extent to which this is
known, considering the deposit type.
The orientation of the historically mined ore bodies is well known and
suggests drilling direction is perpendicular to the orientation of mineralisation.
The unexploited ore body has been extensively drilled, confirming a
perpendicular drill direction.
If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to have
introduced a sampling bias, this should be
assessed and reported if material.
No sampling bias is considered to have been introduced by the drilling
orientation
Sample
security
The measures taken to ensure sample
security.
Prior to laboratory submission samples are stored by Northern Star
Resources in a secure yard. Once submitted to the laboratories they are
stored in a secure fenced compound, and tracked through their chain of
custody and via audit trails
Audits or
reviews
The results of any audits or reviews of
sampling techniques and data.
No audits have been undertaken for the drill holes at this stage.

Section 2: Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
tenement and
land tenure
status
Type, reference name/number, location
and ownership including agreements or
material issues with third parties such as
joint ventures, partnerships, overriding
royalties, native title interests, historical
sites, wilderness or national park and
environmental settings.
All drilling in this report is located within Mining Lease M16/548 which is
owned by Kundana Gold Pty Ltd, a wholly owned subsidiary of Northern
Star Resources. There are no private royalty agreements applicable to this
tenement.
The security of the tenure held at the time
of reporting along with any known
No known impediments exist, and the tenements are in good standing

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Criteria JORC Code explanation Commentary
impediments to obtaining a licence to
operate in the area.
Exploration
done by other
parties
Acknowledgment and appraisal of
exploration by other parties.
The Carbine - Paradigm area has been explored since the late 1800s.
Numerous companies, including BHP, Newcrest, Centaur Mining, Goldfields
Exploration, Placer Dome and Barrick have been active in the area.
Geology Deposit type, geological setting and style
of mineralisation.
The Carbine Paradigm area is considered to be northern extension of the
regionally significant Zuleika Shear Zone. The tenements are located in the
Norseman-Wiluna Archaean greenstone belt in the Eastern Goldfields
province of the Yilgarn Craton, Western Australia.
Lithologies at Paradigm consist of a series of feldspathic volcanoclastic
wackes intercalated with shales, siltstones and conglomerates and form
part of the Black Flag Group.
Gold mineralisation in the Zuleika Shear Zone and adjacent greenstone
sequences occurs in all rock types, although historical and recent
production is dominated by two predominant styles:
•Brittle D2 faults with laminated (multiple crack-seal) quartz veining
containing gold and trace base metal sulphides (galena, sphalerite,
chalcopyrite, scheelite),
•Brittle quartz vein stockworks developed within granophyric gabbro
within the Powder Sill
At the Paradigm deposit, gold is hosted in veins and disseminated
sulphides associated with shearing along the large scale Lincancunbur fault
and adjacent fine-grained stratigraphic horizons
Drill hole
Information
A summary of all information material to
the understanding of the exploration results
including a tabulation of the following
information for all Material drill holes:
easting and northing of the drill hole
collar
elevation or RL (Reduced Level –
elevation above sea level in metres) of
the drill hole collar
dip and azimuth of the hole
down hole length and interception
depth
hole length.
A summary of the data present in the Paradigm deposit can be found
above.
The collar locations are presented in plots contained in the NSR 2020
resource report.
Drillholes vary in survey dip from -8 to -90 degrees, with hole depths
ranging from 44m to 727m, with an average depth of 168m. The assay
data acquired from these holes are described in the NSR 2021 resource
report.
All validated drill hole data was used directly or indirectly for the preparation
of the resource estimates described in the resource report.
If the exclusion of this information is
justified on the basis that the information is
not Material and this exclusion does not
detract from the understanding of the
report, the Competent Person should
clearly explain why this is the case.
Exclusion of the drill information will not detract from the understanding of
the report.
Data
aggregation
methods
In reporting Exploration Results, weighting
averaging techniques, maximum and/or
minimum grade truncations (e.g., cutting of
high grades) and cut-off grades are usually
Material and should be stated.
All reported assay results have been length weighted to provide an
intersection width. A maximum of 2m of barren material between
mineralised samples has been permitted in the calculation of these widths.
Typically grades over 1.0gpt are considered significant, however, where low
grades are intersected in areas of known mineralisation these will be
reported. No top-cutting is applied when reporting intersection results.
Where aggregate intercepts incorporate
short lengths of high grade results and
longer lengths of low grade results, the
procedure used for such aggregation
should be stated and some typical
Where an intersection incorporates short lengths of high grade results these
intersections will be reported in addition to the aggregate value. These will
typically take the form of ##.#m @ ##.##gpt including ##.#m @ ##.##gpt.

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Criteria JORC Code explanation Commentary
examples of such aggregations should be
shown in detail.
The assumptions used for any reporting of
metal equivalent values should be clearly
stated.
No metal equivalent values have been used for the reporting of these
exploration results
Relationship
between
mineralisation
widths and
intercept
lengths
These relationships are particularly
important in the reporting of Exploration
Results:
True widths have been calculated for intersections of the known ore zones,
based on existing knowledge of the nature of these structures.
If the geometry of the mineralisation with
respect to the drill hole angle is known, its
nature should be reported.
Both the downhole width and true width have been clearly specified when
used.
If it is not known and only the down hole
lengths are reported, there should be a
clear statement to this effect (e.g., ‘down
hole length, true width not known’).
Not applicable
Diagrams Appropriate maps and sections (with
scales) and tabulations of intercepts should
be included for any significant discovery
being reported These should include, but
not be limited to a plan view of drill hole
collar locations and appropriate sectional
views.
Appropriate plans and section have been included in the body of this
release.
Balanced
reporting
Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and
high grades and/or widths should be
practiced to avoid misleading reporting of
Exploration Results.
Both high and low grades have been reported accurately, clearly identified
with the drillhole attributes and ‘From’ and ‘To’ depths.
Other
substantive
exploration
data
Other exploration data, if meaningful and
material, should be reported including (but
not limited to): geological observations;
geophysical survey results; geochemical
survey results; bulk samples – size and
method of treatment; metallurgical test
results; bulk density, groundwater,
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.
No other material exploration data has been collected for this area.
Further work The nature and scale of planned further
work (e.g., tests for lateral extensions or
depth extensions or large-scale step-out
drilling).
A small drill campaign will be completed to target high-risk areas prior to
any commencement of open pit operations. Drilling targeting a potential
Underground resource will continue in coming years.
Diagrams clearly highlighting the areas of
possible extensions, including the main
geological interpretations and future drilling
areas, provided this information is not
commercially sensitive.
Appropriate diagrams accompany this release.

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Section 3: Estimation and Reporting of Mineral Resources

(Criteria listed in section 1, and where relevant in section 2, also apply to this section.)

Criteria JORC Code explanation Commentary
Database
integrity
Measures taken to ensure that data has
not been corrupted by, for example,
transcription or keying errors, between its
initial collection and its use for Mineral
Resource estimation purposes.
Northern Star personnel have validated the database during the
interpretation of the mineralisation with any drill holes containing dubious
data excluded from the Mineral Resource Estimate.
Data validation procedures used. Data validation processes are in place and run upon import into the
database.
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
The Competent Person has visited the Paradigm model area.
If no site visits have been undertaken
indicate why this is the case.
Not applicable
Geological
interpretation
Confidence in (or conversely, the
uncertainty of) the geological interpretation
of the mineral deposit.
The geological interpretation is considered robust due to the nature of the
mineralisation and that portions of the deposit have been developed along
and mined. The interpretation was completed using sectional interpretation
strings in Datamine RM software.
Nature of the data used and of any
assumptions made.
Diamond drill core lithology, structure, alteration and mineralisation logs
have been used to generate the mineralisation model. The primary
assumption is that the mineralisation is hosted within structurally controlled
quartz veins, which is considered robust.
The effect, if any, of alternative
interpretations on Mineral Resource
estimation.
Although Paradigm is a structurally complex gold system, a majority of the
economic mineralisation is hosted in the Arina Core and Supergene lodes.
Both of these lodes have a reasonable density of drilling, with logged
lithology, structural measurements and the broader structural model being
used for the current interpretation. These lodes are interpreted at a
moderate to high confidence and have had Resource Classifications
applied based on this confidence.
With any structurally complex system, however, an alternative interpretation
cannot be completely discounted.
The use of geology in guiding and
controlling Mineral Resource estimation.
The mineralisation interpretation is based on a combination of logged
quartz percentage, structure and assays.
The factors affecting continuity both of
grade and geology.
The structure is considered to be continuous over the length of the deposit
with either quartz or the controlling structure used to guide the
interpretation. Grade between drillholes can be inconsistent and as a result,
an estimation methodology has been chosen to best represent this lack of
continuity (non-linear approach).
Dimensions The extent and variability of the Mineral
Resource expressed as length (along
strike or otherwise), plan width, and depth
below surface to the upper and lower limits
of the Mineral Resource.
The Paradigm deposit extends 800m along strike and 600m down-dip.
Paradigm consists of a Supergene lode, Arina, Natasha and Mishka lodes
and various smaller-scale hanging- and footwall lodes.
Estimation
and modelling
techniques
The nature and appropriateness of the
estimation technique(s) applied and key
assumptions, including treatment of
extreme grade values, domaining,
interpolation parameters and maximum
Grade estimation of gold has been completed using Datamine Studio RM
software. Geostatistical analysis and variography were completed using
Snowden’s Supervisor v9 software.

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Criteria JORC Code explanation Commentary
distance of extrapolation from data points.
If a computer assisted estimation method
was chosen include a description of
computer software and parameters used.
Each ore lode interpretation is considered as being a separate estimation
domain. All estimations use hard domain boundaries. Grade estimations for
gold used Categorical Indicator Kriging (with Ordinary Kriging used to
estimate both probability and grade), unless otherwise stated. Estimations
use 1m composites with top-cutting applied to gold outlier values.
Histograms, log probability plots, mean and variance plots and change in
CV of the 1m composites were used to determine top-cut values on a
domain by domain basis. A multiple-pass estimation strategy was applied
for estimations. The search distance for each lode is calculated at
calculated at ~66% of the variogram range. Minimum and maximum
samples are generally 8 and 14, however each ore lode is optimised
individually which may result in a different minimum and maximum
selected.
The availability of check estimates,
previous estimates and/or mine production
records and whether the Mineral Resource
Estimate takes appropriate account of
such data.
Comparison estimations were carried out by Inverse Distance Squared and
Nearest Neighbour methods for each model domain alongside the Ordinary
Kriged estimates. The final Ordinary Kriged estimates are compared to the
previous model estimates.
The assumptions made regarding recovery
of by-products.
No assumptions have been made regarding recovery of any by-products.
Estimation of deleterious elements or other
non-grade variables of economic
significance (e.g., sulphur for acid mine
drainage characterisation).
No deleterious elements have been considered and therefore estimated for
this deposit.
In the case of block model interpolation,
the block size in relation to the average
sample spacing and the search employed.
A 10m x 10m x 10m block size has been used for all lodes. Search
distances are based on the variogram for the respective lodes, with a value
66% of the variogram range used for most of the lodes. Where this value
was not suitable, it has been adjusted to a more appropriate values.
Any assumptions behind modelling of
selective mining units.
No selective mining units are assumed in this estimate.
Any assumptions about correlation
between variables.
No other elements other than gold have been estimated.
Description of how the geological
interpretation was used to control the
resource estimates.
The ore wireframes were created using sectional interpretation in Datamine
RM software. Tag strings and additional interpretation points were used to
control ore body volume and orientation. Data has been selected using the
Datamine SELWF command, which selects samples inside of a solid.
Intersections used in the estimate have been validated to ensure they
agree spatially with the interpretation and encompass all the drillholes to be
used in the estimate.
Discussion of basis for using or not using
grade cutting or capping.
Top-cuts were applied to the composited sample data. Top cuts were
selected based on a statistical analysis of the data to not impact the mean
by more than 5% and reduce the coefficient of variation to around 1.2 and
vary by domain.
The top cut values are applied in several steps using influence limitation top
capping. A top cut (AU) and non-top cut (_NC) variable is created, as well
as a spatial variable (
_BC) which only has values where the top cut values
appear; this applies to both gold and true thickness (TT) top cutting. For
example, where gold requires a top cut, the following variables will be
created and estimated:

AU (top cut gold)

AU_NC (non- top-cut gold)

AU_BC (spatial variable; values present where AU data is top cut)

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Criteria JORC Code explanation Commentary
The top cut and non top cut values are estimated using search ranges
based on the modelled gold variogram and the _BC values estimated
using very small ranges (e.g., 7 x 7 x 7m). Where the
_BC values produce
estimated blocks within these restricted ranges, the *_NC estimated values
replace the original top cut estimated values (AU).
A hard topcut is applied instead of/as well in the following situations:
If there are extreme outliers within an ore domain (i.e., coefficient of
variation greater than 1.9)
If the area has a history of poor reconciliation
The process of validation, the checking
process used, the comparison of model
data to drill hole data, and use of
reconciliation data if available.
After compositing and top-cutting, a series of length and metal checks are
completed to ensure the total length of the sample file is maintained and the
metal loss due to top-cutting can be quantified. Statistics are generated and
analysed using Snowden Supervisor software for the raw, composited, and
top-cut and composited drill hole files to ensure the nature of the population
has not been adversely affected by these processes.
Statistical measures of Kriging error, such as Kriging Efficiency and Slope
of Regression, are used to assess the quality of the estimation for each
domain.
Differences between the declustered composite data set and the average
model grade must be within 10%.
Swath plots comparing declustered composites to block model grades are
prepared and visual checks summarising the critical model parameters.
Visually, block grades are assessed against drill hole and face data.
Moisture Whether the tonnages are estimated on a
dry basis or with natural moisture, and the
method of determination of the moisture
content.
The tonnes have been estimated on a dry basis.
Cut-off
parameters
The basis of the adopted cut-off grade(s)
or quality parameters applied.
Paradigm has Open Pit and Underground Mineral Resources reported.
The Open Pit Paradigm Mineral Resource is reported above the
$AUD2,250/oz optimised pit shell at a 0.65gpt cut off within 2.5m minimum
mining width (excluding dilution) MSOs.
The Underground Paradigm Mineral Resource is reported below the
$AUD2,250/oz optimised pit shell at a 1.63gpt cut off within 2.5m minimum
mining width (excluding dilution) MSOs.
Mining factors
or
assumptions
Assumptions made regarding possible
mining methods, minimum mining
dimensions and internal (or, if applicable,
external) mining dilution. It is always
necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential mining methods, but the
assumptions made regarding mining
methods and parameters when estimating
Mineral Resources may not always be
rigorous. Where this is the case, this
should be reported with an explanation of
the basis of the mining assumptions made.
Minimum mining width has been considered when reporting both the Open
Pit and Underground Mineral Resources.
For the Underground Resource, a SMU of 10m (along strike) and 5m
(across strike) has been used in addition to the minimum width described
above.
For the Open Pit Resource, a SMU of 2.5m (along strike) and 2.5m (across
strike) has been used in addition to the minimum width described above.
For both Open Pit and Underground Resources, no dilution or ore loss
factors have been applied.

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Criteria JORC Code explanation Commentary
Metallurgical
factors or
assumptions
The basis for assumptions or predictions
regarding metallurgical amenability. It is
always necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential metallurgical methods, but the
assumptions regarding metallurgical
treatment processes and parameters made
when reporting Mineral Resources may not
always be rigorous. Where this is the case,
this should be reported with an explanation
of the basis of the metallurgical
assumptions made.
No metallurgical or recovery assumptions have been made during the
Mineral Resource Estimate.
Environmental
factors or
assumptions
Assumptions made regarding possible
waste and process residue disposal
options. It is always necessary as part of
the process of determining reasonable
prospects for eventual economic extraction
to consider the potential environmental
impacts of the mining and processing
operation. While at this stage the
determination of potential environmental
impacts, particularly for a green fields
project, may not always be well advanced,
the status of early consideration of these
potential environmental impacts should be
reported. Where these aspects have not
been considered this should be reported
with an explanation of the environmental
assumptions made.
No environmental assumptions have been made during the Mineral
Resource Estimate.
Bulk density Whether assumed or determined. If
assumed, the basis for the assumptions. If
determined, the method used, whether wet
or dry, the frequency of the measurements,
the nature, size and representativeness of
the samples.
A thorough investigation into average density values for the various
lithological units at Paradigm was completed and the mean densities by
lithology were coded into the database. Where there were no
measurements for a specific lithology and default of 2.8 t/m3was applied.
Density was then estimated by Ordinary Kriging using the associated gold
estimation parameters for that domain. Post estimation, default density
values for the oxide (1.8 t/m3) and transitional (2.1 t/m3) zones were
applied, based on regional averages.
The bulk density for bulk material must
have been measured by methods that
adequately account for void spaces (vugs,
porosity, etc.), moisture and differences
between rock and alteration zones within
the deposit.
No information has been provided on the number of measurements or
method used to obtain these values.
Discuss assumptions for bulk density
estimates used in the evaluation process
of the different materials.
Classification The basis for the classification of the
Mineral Resources into varying confidence
categories.
Classification is based on a series of factors including:
Grade continuity
Geological confidence
Density of available drilling
Statistical evaluation of the quality of the kriging estimate
Confidence in historical data
The presence of face channel data
DataClass of the drillholes
Whether appropriate account has been
taken of all relevant factors (i.e., relative
confidence in tonnage/grade estimations,
reliability of input data, confidence in
The classification considers the relative contributions of geological and data
quality and confidence, as well as grade confidence and continuity.

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Criteria JORC Code explanation Commentary
continuity of geology and metal values,
quality, quantity and distribution of the
data).
Whether the result appropriately reflects
the Competent Person’s view of the
deposit.
The resource model methodology is appropriate and reflects the Competent
Persons’ view of the deposit.
Audits or
reviews
The results of any audits or reviews of
Mineral Resource Estimates.
All resource models have been subjected to internal peer reviews.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in
the Mineral Resource Estimate using an
approach or procedure deemed
appropriate by the Competent Person. For
example, the application of statistical or
geostatistical procedures to quantify the
relative accuracy of the resource within
stated confidence limits, or, if such an
approach is not deemed appropriate, a
qualitative discussion of the factors that
could affect the relative accuracy and
confidence of the estimate.
The relative accuracy of the Mineral Resource Estimate is reflected in the
reporting of the Mineral Resource as per the guidelines of the 2012 JORC
code
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
economic evaluation. Documentation
should include assumptions made and the
procedures used.
The statement relates to global estimates of tonnes and grade.
These statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
Historic production records are incomplete, so no comparison or
reconciliation has been made.

.

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ARINA LODES Cross-section view at 6,627,090m N showing the updated Arina core, halo and splay interpretations.

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Section 4: Estimation and Reporting of Ore Reserves

(Criteria listed in section 1, and where relevant in sections 2 and 3, also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
Resource
Estimate for
conversion to
Ore Reserves
Description of the Mineral Resource
Estimate used as a basis for the
conversion to an Ore Reserve.
Northern Star 2021 Resource.
Clear statement as to whether the Mineral
Resources are reported additional to, or
inclusive of, the Ore Reserves.
The Mineral Resources are reported inclusive of the Ore Reserve.
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
Site visits have been undertaken by the competent person.
If no site visits have been undertaken
indicate why this is the case.
Site visits undertaken.
Study status The type and level of study undertaken to
enable Mineral Resources to be converted
to Ore Reserves.
A minimum Pre-Feasibility level study is completed prior to converting an
ore zone into ore Reserve.
The Code requires that a study to at least
Pre-Feasibility Study level has been
undertaken to convert Mineral Resources
to Ore Reserves. Such studies will have
Ore Reserves have been calculated by generating detailed mining shapes
for the proposed Paradigm open pit cutback. A series of nested optimised
pit shells were generated using Whittle software, an analysis of the shells

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Criteria JORC Code explanation Commentary
been carried out and will have determined
a mine plan that is technically achievable
and economically viable, and that material
Modifying Factors have been considered.
was completed to select one which was then used to complete a detailed
pit design to closely resemble the selected whittle shell.
The Whittle optimisation used parameters generated from NSR technical
personnel and technical consultants.
A detailed mine schedule and cost model has been generated and
appropriate ore dilution and recoveries have been applied within the model.
Cut-off
parameters
The basis of the cut-off grade(s) or quality
parameters applied.
The pit cut-off grade has been calculated based on the key input
components (processing, recovery, and administration)
Forward looking forecast costs and physicals form the basis of the cut-off
grade calculations.
The AUD gold price as per corporate guidance.
Mill recovery factors are based on historical data and metallurgical test
work.
Variable treatment costs to open pit mining for processing is a fundamental
premise in the evaluation of open pit projects.
Variable cut-off grade is used in the evaluation of open pit projects.
Mining factors
or
assumptions
The method and assumptions used as
reported in the Pre-Feasibility or Feasibility
Study to convert the Mineral Resource to
an Ore Reserve (i.e.,either by application
of appropriate factors by optimisation or by
preliminary or detailed design).
Mineral Resource is converted to Ore Reserve after completing a detailed
mine design complete with a detailed financial assessment.
The Mineral Resource block model is used.
Ore Reserves have been calculated by generating detailed mining shapes
for the proposed open pit. All open pit mining shapes include planned and
unplanned dilution, being waste material that is located within the minable
shape.
Open pit unplanned dilution has been modelled within the mining shapes as
a skin of material likely to be taken additional to material considered to be
the smallest mining unit (SMU). This method is considered to be
appropriate given the expected ground conditions, orebody width and
proposed mining style.
The choice, nature and appropriateness of
the selected mining method(s) and other
mining parameters including associated
design issues such as pre-strip, access,
etc.
The selected mining method for the Paradigm deposit is a bench mining
open pit method. The proposed open pit would be mined using
conventional open pit mining methods (drill, blast, load and haul) by a
mining contractor utilising 120 t class excavators and 90t trucks. This
method is used widely in mines across Western Australia and is deemed
appropriate given the nature of the ore body.
The assumptions made regarding
geotechnical parameters (e.g., pit slopes,
stope sizes, etc.), grade control and pre-
production drilling.
Independent Geotechnical Consultants Dempers & Seymour Pty Ltd
completed a geotechnical study for the Paradigm project. Recommended
wall angles were applied to the Whittle optimisation and subsequent
detailed pit designs.
The major assumptions made and Mineral
Resource model used for pit and stope
optimisation (if appropriate).
The mining dilution factors used. Physicals are reported within the generated mining shapes for the open pit
Ore Reserve. SMU shapes have been generated for the reporting of Ore
Reserve physicals. Dilution accounted for within the SMU is 12%; that is
waste material carried within the mining shape.

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Criteria JORC Code explanation Commentary
The mining recovery factors used. No recovery factors were applied for the reporting of Open pit Reserve
physicals. Mining recovery is considered to be 100% of the SMU.
Any minimum mining widths used. The minimum minable selective mining unit (SMU) dimensions for the Open
pit Reserve Estimate are 3.5m Wide x 2.5m High x 4.0m Long.
A minimum mining width down to 20m for final pit extraction from the base
of pit has been used.
The manner in which Inferred Mineral
Resources are utilised in mining studies
and the sensitivity of the outcome to their
inclusion.
Inferred material has not been included within the Open pit Ore Reserve
estimate (treated as waste) but has been considered in LOM planning. The
amount of inferred material has no impact on the sensitivity of the project.
The infrastructure requirements of the
selected mining methods.
Infrastructure required for the proposed Paradigm Project has been
accounted for and included in all work leading to the generation of the Ore
Reserve estimate.
Ore from the Paradigm Project will be processed through the Kanowna
Belle Gold Mine Processing Plant at the Kanowna Belle operation; hence
no processing infrastructure is required.
The Paradigm Project is connected by internal private haul roads to
Kanowna Belle.
Required infrastructure will be established at Paradigm and will include
Offices, workshops and associated facilities, dewatering pipeline, Waste
Rock Storage Dump; and ROM Pad.
Metallurgical
factors or
assumptions
The metallurgical process proposed and
the appropriateness of that process to the
style of mineralisation.
The Kanowna Belle plant is made up of crushing, grinding, gravity gold
recovery, flotation, roasting, CIL, elution and gold recovery circuits.
The Kanowna Belle Mill is designed to handle approximately 2.0m illion
tonnes of feed per annum. The plant has the capability to treat both
refractory and free milling ores, through either using the flotation circuit and
associated concentrate roaster circuit, including carbon-in-leach (CIL) gold
recovery, or bypassing the flotation circuit and going directly to a CIL circuit
designed to treat flotation tails. The plant campaigns both refractory and
free milling ores every month. Between campaigns, the circuit is “cleaned
out” using mineralised waste. The plant is made up of crushing, grinding,
gravity gold recovery, flotation, roasting, CIL, elution and gold recovery
circuits. Ore Reserves are calculated using processing plant recovery
factors that are based on test work and historical performance.
Whether the metallurgical process is well-
tested technology or novel in nature.
Well tested, standard CIL extraction process utilising the existing Kanowna
Belle processing facility.
The nature, amount and
representativeness of metallurgical test
work undertaken, the nature of the
metallurgical domaining applied and the
corresponding metallurgical recovery
factors applied.
Based on metallurgical test work carried out and milling experience gained
through processing similar ore material through the Kanowna Belle
processing facility.
The metallurgical recoveries for the project were set at 93% for oxide, 93%
for transitional, 93% for fresh rock.
Any assumptions or allowances made for
deleterious elements.
Metallurgical test work carried out indicates no deleterious elements.
No assumption made.

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Criteria JORC Code explanation Commentary
The existence of any bulk sample or pilot
scale test work and the degree to which
such samples are considered
representative of the orebody as a whole.
Based on metallurgical test work carried out and milling experience gained
through processing similar material through the Kanowna Belle processing
facility.
For minerals that are defined by a
specification, has the ore reserve
estimation been based on the appropriate
mineralogy to meet the specifications?
Not applicable.
Environmental The status of studies of potential
environmental impacts of the mining and
processing operation. Details of waste rock
characterisation and the consideration of
potential sites, status of design options
considered and, where applicable, the
status of approvals for process residue
storage and waste dumps should be
reported.
All ore from the Paradigm Project will be trucked to the Kanowna Belle
Processing Plant for processing.
The Kanowna Belle Mine is operated subject to the requirements of the
Western Australian Mining Act 1978 and the Mines (Safety) Act, regulated
by the Department of Mines, Industry Regulation and Safety.
The Mining Leases covering the Kanowna Belle operation stipulate
environmental conditions for operation, rehabilitation and reporting. A
“Licence to Operate” is held by the operation which is issued under the
requirements of the “Environmental Protection Act 1986”.
The Paradigm Project has been granted a dewatering licence from DWER
for mining tenement M16/548. Licence number L9099/2017/1.
Paradigm has been issued groundwater licence GWL 104053(8) for
1,500,000kl.
Dempers and Seymour Geotechnical Consultants completed a
comprehensive geotechnical study for recommended wall angles and
regulatory approval.
There are no native title issues. Heritage surveys have been completed for
the Paradigm Project. There are no heritage sites identified that impact on
the pit or associated infrastructure. The heritage surveys conducted were to
full clearance for mining.
Flora & Fauna and hydrogeological studies have been completed.
Waste rock geochemical studies have been completed.
Soil characteristics studies have been completed.
The Mining Proposal and Mine Closure Plan (reg ID 77054) for the
Paradigm project has been approved by DMIRS.
Infrastructure The existence of appropriate infrastructure:
availability of land for plant development,
power, water, transportation (particularly
for bulk commodities), labour,
accommodation; or the ease with which
the infrastructure can be provided or
accessed.
The Paradigm Project is located 67km north west of Kanowna Belle.
Paradigm is connected to the Kanowna Belle Processing Plant via internal
private haul roads. All haul roads are on secured Northern Star tenure.
Infrastructure to support mining will be established at Paradigm.
Access to Paradigm and the Kanowna Belle operation is provided by well-
maintained public and private roads. Employees reside in Kalgoorlie and
commute to site daily.
Costs The derivation of, or assumptions made,
regarding projected capital costs in the
study.
Mining costs based on mining contract rates supplied by a reputable WA
based mining contractor. Mining costs were built up from first principals on
mine designs supplied by NSR.

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Criteria JORC Code explanation Commentary
Capital costs were not included in the optimised parameter inputs. Capital
costs based on quotes supplied and have been included in the Paradigm
economic cost model.
The methodology used to estimate
operating costs.
The estimation of Open pit mine operating costs was based on a contractor
mining and maintenance operation using first principles to determine
equipment productivities and associated operating hours to generate mine
schedules. Provided contract pricing were than applied to the schedule to
calculate all unit costs.
Allowances made for the content of
deleterious elements.
No allowances made, none expected.
The derivation of assumptions made of
metal or commodity price(s), for the
principal minerals and co- products.
Single commodity pricing for gold only, using gold price of AUD $1,750 per
ounce as per corporate guidance.
The source of exchange rates used in the
study.
Corporate guidance.
Derivation of transportation charges. Transportation costs for ore haulage from Paradigm to Kanowna Belle are
based on current NSR contractor schedule of rates. Transportation costs
also include an allowance for adequate haul road maintenance and dust
suppression.
The basis for forecasting or source of
treatment and refining charges, penalties
for failure to meet specification, etc.
Historic performance.
The allowances made for royalties
payable, both Government and private.
WA State Government royalty of 2.5%.
Revenue
factors
The derivation of, or assumptions made
regarding revenue factors including head
grade, metal or commodity price(s)
exchange rates, transportation and
treatment charges, penalties, net smelter
returns, etc.
All financial analysis and gold price have been expressed in Australian
dollars and no direct exchange rates have been applied.
Revenue factors within the whittle optimisation process were used. A
revenue factor shell was selected and used to complete a detailed pit
design. A gold price of AUD $1,750 per ounce has been used in the
optimisation of the Paradigm Project.
The derivation of assumptions made of
metal or commodity price(s), for the
principal metals, minerals and co-products.
Corporate guidance.
Market
assessment
The demand, supply and stock situation for
the particular commodity, consumption
trends and factors likely to affect supply
and demand into the future.
It is assumed all gold is sold directly to market at the Corporate gold price
guidance of AUD$1,750/oz.
A customer and competitor analysis along
with the identification of likely market
windows for the product.
Not applicable.
Price and volume forecasts and the basis
for these forecasts.
Corporate guidance.

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Criteria JORC Code explanation Commentary
For industrial minerals the customer
specification, testing and acceptance
requirements prior to a supply contract.
Not applicable.
Economic The inputs to the economic analysis to
produce the net present value (NPV) in the
study, the source and confidence of these
economic inputs including estimated
inflation, discount rate, etc.
The Ore Reserve estimate is based on a financial model for that has been
prepared at a “pre-feasibility study” level of accuracy economic modelling.
All inputs from mining operations, processing, transportation and sustaining
capital as well as contingencies have been scheduled and evaluated to
generate a full life of mine cost model.
Economic inputs have been sourced from suppliers or generated from
database information relating to the relevant area of discipline.
A discount rate of 6.2% has been applied.
The NPV of the project is positive at the assumed commodity prices.
NPV ranges and sensitivity to variations in
the significant assumptions and inputs.
Sensitivities were conducted on metal price fluctuations of A$1,750 ± $250
per ounce.
Social The status of agreements with key
stakeholders and matters leading to social
licence to operate.
Agreements are in place and are current with all key stakeholders.
Other To the extent relevant, the impact of the
following on the project and/or on the
estimation and classification of the Ore
Reserves:
Any identified material naturally occurring
risks.
No Issues.
The status of material legal agreements
and marketing arrangements.
No Issues.
The status of governmental agreements
and approvals critical to the viability of the
project, such as mineral tenement status,
and government and statutory approvals.
There must be reasonable grounds to
expect that all necessary Government
approvals will be received within the
timeframes anticipated in the Pre-
Feasibility or Feasibility study. Highlight
and discuss the materiality of any
unresolved matter that is dependent on a
third party on which extraction of the
reserve is contingent.
No Issues.
Classification The basis for the classification of the Ore
Reserves into varying confidence
categories.
Classifications of Measured, Indicated and Inferred have been assigned
based on the mineral Resource classifications within the underlying
Resource model.
Whether the result appropriately reflects
the Competent Person’s view of the
deposit.
The results accurately reflect the Competent Persons view of the deposit.

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Criteria JORC Code explanation Commentary
The proportion of Probable Ore Reserves
that have been derived from Measured
Mineral Resources (if any).
Nil.
Audits or
reviews
The results of any audits or reviews of Ore
Reserve estimates.
The Reserve has been internally reviewed in line with Northern Star
Resources governance standard for Reserves and Resources. There have
been no external reviews of this Ore Reserve estimate.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in
the Ore Reserve estimate using an
approach or procedure deemed
appropriate by the Competent Person. For
example, the application of statistical or
geostatistical procedures to quantify the
relative accuracy of the reserve within
stated confidence limits, or, if such an
approach is not deemed appropriate, a
qualitative discussion of the factors which
could affect the relative accuracy and
confidence of the estimate.
The design, schedule and financial model on which the Ore Reserve is
based has been completed to a “pre-feasibility study” standard, with a
corresponding level of confidence.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
economic evaluation. Documentation
should include assumptions made and the
procedures used.
Estimates are global but will be reasonable accurate on a local scale.
Accuracy and confidence discussions
should extend to specific discussions of
any applied Modifying Factors that may
have a material impact on Ore Reserve
viability, or for which there are remaining
areas of uncertainty at the current study
stage.
Not applicable.
It is recognised that this may not be
possible or appropriate in all
circumstances. These statements of
relative accuracy and confidence of the
estimate should be compared with
production data, where available.
Not applicable.

JORC Code, 2012 Edition – Table 1 Report

Carbine-Phantom – 31 March 2021

Section 1: Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

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Criteria JORC Code explanation Commentary
Sampling
techniques
Nature and quality of sampling (e.g., cut
channels, random chips, or specific
specialised industry standard measurement
tools appropriate to the minerals under
investigation, such as down hole gamma
sondes, or handheld XRF instruments, etc.).
These examples should not be taken as
limiting the broad meaning of sampling.
Sampling was completed using a combination of Reverse Circulation (RC),
Rotary Air Blast (RAB) and Diamond (DD) drilling. RAB drilling was excluded
in resource estimation work. The database is predominantly historic (pre
NSR 2014) drilling and had been validated where possible.
The database compiled by NSR for resource estimation contains the
following drill quantities per ore lode and screen captures at the end of the
table display the data density in plan-view:
Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any measurement
tools or systems used.
RC samples were split using a rig-mounted cone splitter on 1m intervals to
obtain a sample for assay.
RC drill holes completed pre-2014 were split using a rig-mounted cone
splitter in 1m intervals. Samples were composited to 2m or 4m intervals for
assay. Elevated Au values were re-split into 1m intervals.
Diamond core was placed in core trays for logging and sampling. Half core
samples were nominated by the geologist from diamond core with a
minimum sample width of either 20cm (HQ) or 30cm (NQ2).
Aspects of the determination of
mineralisation that are Material to the Public
Report. In cases where ‘industry standard’
work has been done this would be relatively
simple (e.g., ‘reverse circulation drilling was
used to obtain 1m samples from which 3kg
was pulverised to produce a 30g charge for
fire assay’). In other cases, more
explanation may be required, such as where
there is coarse gold that has inherent
sampling problems. Unusual commodities or
mineralisation types (e.g., submarine
nodules) may warrant disclosure of detailed
information.
RC sampling was split using a rig mounted cone splitter to deliver a sample
of approximately 3kg.
DD drill core was cut in half using an automated core saw, the mass of
material collected varies on the hole diameter and sampling interval
All samples were delivered to a commercial laboratory where they were
dried, crushed to 95% passing 3mm if required, at this point large samples
may be split using a rotary splitter, pulverisation to 95% passing 75µm, a 50g
charge was selected for fire assay.
Drilling
techniques
Drill type (e.g., core, reverse circulation,
open-hole hammer, rotary air blast, auger,
Bangka, sonic, etc.) and details (e.g., core
diameter, triple or standard tube, depth of
diamond tails, face-sampling bit or other
type, whether core is oriented and if so, by
what method, etc.).
Both RC and Diamond Drilling techniques were used at the Carbine-
Phantom project.
Diamond drill holes completed pre-2014 were predominantly NQ2 (50.5mm).
All resource definition holes completed post 2014 were drilled using HQ
(63.5mm) diameter core.
Core was orientated using the Reflex ACT Core orientation system.
RC Drilling was completed using a 5.5” drill bit.
In limited cases RC pre-collars were drilled followed by diamond tails. Pre-
collar depth was to 160m or less if approaching known mineralization.
Drill sample
recovery
Method of recording and assessing core
and chip sample recoveries and results
assessed.
Moisture content and sample recovery is recorded for each RC sample.
Sample recovery is recorded for DD sampling.

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Criteria JORC Code explanation Commentary
Measures taken to maximise sample
recovery and ensure representative nature
of the samples.
RC drilling contractors adjust their drilling approach to specific conditions to
maximise sample recovery. No recovery issues were identified during 2014 -
2020 RC drilling. Recovery was poor at the very beginning of each hole, as is
normal for this type of drilling in overburden.
For diamond drilling, the contractors adjust their rate of drilling and method if
recovery issues arise. All recovery is recorded by the drillers on core blocks.
This is checked and compared to the measurements of the core by the
geological team. Any issues are communicated back to the drilling
contractor.
Whether a relationship exists between
sample recovery and grade and whether
sample bias may have occurred due to
preferential loss/gain of fine/coarse material.
No relationship or bias has identified between grade and sample recovery.
Average recovery for DD from 2014 – 2018 is 95.3% and average recovery
for RC from 2014 to present is 96%. Sample loss in diamond core occurred
predominantly in the saprolite profile.
Logging Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate Mineral
Resource estimation, mining studies and
metallurgical studies.
All diamond core is logged for regolith, lithology, veining, alteration,
mineralisation and structure. Structural measurements of specific features
are also taken through oriented zones.
RC sample chips are logged in 1m intervals for the entire length of each
hole. Regolith, lithology, alteration, veining and mineralisation are all
recorded.
All logging codes for regolith, lithology, veining, alteration, mineralisation and
structure is entered into the AcQuire database using suitable pre-set
dropdown codes to remove the likelihood of human error.
Whether logging is qualitative or quantitative
in nature. Core (or costean, channel, etc.)
photography.
All logging is primarily qualitative. A wet and dry photograph is taken of every
core tray.
The total length and percentage of the
relevant intersections logged.
In all instances, the entire drill hole is logged.
Sub-
sampling
techniques
and sample
preparation
If core, whether cut or sawn and whether
quarter, half or all core taken.
Diamond core is cut using an automated core saw. In most cases, half the
core is taken for sampling with the remaining half being stored for later
reference. Full core sampling is taken where data density of half core stored
is sufficient for auditing purposes.
If non-core, whether riffled, tube sampled,
rotary split, etc. and whether sampled wet or
dry.
All RC samples are split using a rig-mounted cone splitter to collect a 1m
sample weighing 3-4kg. All samples were intended and assumed to be dry
and moisture content was recorded for every sample.
For all sample types, the nature, quality and
appropriateness of the sample preparation
technique.
Preparation of NSR samples was conducted primarily at Genalysis
Kalgoorlie preparation facilities, commencing with sorting, checking and
drying at less than 110°C to prevent sulphide breakdown. Samples are jaw
crushed to a nominal -6mm particle size. If the sample is greater than 3kg a
Boyd crusher with rotary splitter is used to reduce the sample size to less
than 3kg (typically 1.5g) at a nominal <3mm particle size.
The entire crushed sample (if less than 3kg) or sub-sample is then pulverised
to 90% passing 75µm, using a Labtechnics LM5 bowl pulveriser. 300g pulp
sub samples are then taken with an aluminium scoop and stored in labelled
pulp packets.
Occasional samples were sent to MinAnalytical for Screen Fire Assay

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Criteria JORC Code explanation Commentary
Quality control procedures adopted for all
sub-sampling stages to maximise
representivity of samples.
Procedures are utilised to guide the selection of sample material in the field.
Standard procedures are used for all processes within the laboratory. Grind
checks are performed at both the crushing stage (3mm) and pulverising
stage (75µm), requiring 90% of material to pass through the relevant size.
Measures taken to ensure that the sampling
is representative of the in-situ material
collected, including for instance results for
field duplicate / second-half sampling.
Field duplicates were taken for RC samples on a ratio of 1 in 20.
Umpire sampling programs are carried out on an ad-hoc basis.
A duplicate repeatability issue has been identified and a deportment study
has been recommended.
Whether sample sizes are appropriate to the
grain size of the material being sampled.
No recent test work had been conducted for the Carbine project area.
Quality of
assay data
and
laboratory
tests
The nature, quality and appropriateness of
the assaying and laboratory procedures
used and whether the technique is
considered partial or total.
A 50g fire assay charge is used with a lead flux in the furnace. The prill is
totally digested by HCl and HNO3acids before Atomic Absorption
Spectroscopy (AAS) determination for gold analysis.
For geophysical tools, spectrometers,
handheld XRF instruments, etc., the
parameters used in determining the analysis
including instrument make and model,
reading times, calibrations factors applied
and their derivation, etc.
No geophysical tools were used to determine any element concentrations.
Nature of quality control procedures
adopted (e.g., standards, blanks, duplicates,
external laboratory checks) and whether
acceptable levels of accuracy (i.e., lack of
bias) and precision have been established.
Certified reference materials (CRMs) are inserted into the sample sequence
at a rate of 1 per 20 samples to ensure correct calibration. Any values
outside of 3 standard deviations are re-assayed with a new CRM.
Blanks are inserted into the sample sequence at a rate of 1 per 20 samples.
The insertion points are selected at random, except where high grade
mineralisation is expected. In these cases, a Blank is inserted after the high-
grade sample to test for contamination. Results greater than 0.2gpt if
received are investigated and re-assayed if appropriate. New pulps are
prepared if anomalous results cannot be resolved.
Barren flushes are regularly inserted after anticipated high gold grades at the
pulverising stage.
Field Duplicates are taken at a ratio of 1 per 20 holes and submitted for
analysis based on a range of primary assay results skewed towards
anomalous gold grades. No Field duplicates are submitted for diamond core.
Pulp duplicates are taken at a ratio of 1 per 20 samples.
No bias has been established through the use of these procedures.
2 Independent laboratory checks of MinAnalytical and Genalysis have been
completed in the last year.
Laboratory performance was monitored using the results from the QA
samples mentioned above. This was supplemented by the internal QA
samples used by the laboratories, which included pulp duplicates and CRMs.
The QA studies indicate that accuracy is within industry accepted limits, but
precision will be investigated further via a deportment study.

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Criteria JORC Code explanation Commentary
Verification
of sampling
and
assaying
The verification of significant intersections
by either independent or alternative
company personnel.
All significant intersections are verified by another Northern Star geologist
during the drill hole validation process, and later by a Competent Person to
be signed off.
The use of twinned holes. Twinned holes have not been drilled to test the historic data validity to date.
Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.
Geological logging is directly entered into an AcQuire database. Assay files
are received in *.csv format and loaded directly into the database by the
Project’s responsible geologist with an AcQuire importer object. Hardcopy
and un-editable electronic copies of these are stored.
Discuss any adjustment to assay data. No adjustments are made to this assay data.
Location of
data points
Accuracy and quality of surveys used to
locate drill holes (collar and down-hole
surveys), trenches, mine workings and other
locations used in Mineral Resource
estimation.
A planned hole is pegged using a Differential GPS by the field assistants.
The final collar is picked up after hole completion by a trained field assistant
with a Differential GPS in the MGA 94_51 grid.
During drilling single-shot surveys are conducted every 30m to ensure the
hole remains close to design. This is performed using the Reflex EZ-Trac
system which measures the gravitational dip and magnetic azimuth results
are uploaded directly from the Reflex software export into the AcQuire
database.
At the completion of diamond drilling in 2018, the Reflex Sprint IQ system
continuous survey instrument was completed and reported in 3m intervals.
ABIM Solutions completed North Seeking Gyroscope Surveys reported in 5m
intervals in 2016. No continuous survey records were found for 2014 drilling.
Specification of the grid system used. Collar coordinates are recorded in MGA94 Zone 51.
Quality and adequacy of topographic
control.
The Differential GPS returns reliable elevation data which has been
confirmed against a high-resolution Digital Terrain Model survey performed
by Aerometrex in 2019.
Data
spacing
and
distribution
Data spacing for reporting of Exploration
Results.
Drill hole spacing across the area varies from approximately 20m to 100m
spacing.
Whether the data spacing and distribution is
sufficient to establish the degree of
geological and grade continuity appropriate
for the Mineral Resource and Ore Reserve
estimation procedure(s) and classifications
applied.
Historic resource definition drill spacing was typically 20m x 20m through the
Carbine and Phantom Pits. 53 drill holes have been completed by NSR
across the Carbine area from 2014-2018 covering 2.2km of strike. The
spatial distribution of recent drilling could not be used to validate all the
historic drilling. As a result, the majority of the estimate is Unclassified, with
some areas containing NSR drilling resulting in an inferred classification.
Surrounding exploration drilling is sparse (500m – 1000m apart).
Whether sample compositing has been
applied.
4m or 2m RC composites have been used for initial Resource targeting pre-
2000. 1m RC splits were collected and sent to the laboratory dependent on
composite results. The dataset contains 4m composites that carry grade. It is
unknown if 1m resplits were assayed at the time, and the resplit assay data
lost as a result of database migrations through different Companies.
From 2015, NSR sampled entire holes using 1m RC splits in the Carbine
project area.
Orientation
of data in
Whether the orientation of sampling
achieves unbiased sampling of possible
The orientation of the historically mined ore bodies (Carbine and Phantom
via both open pit and historic underground mining at Carbine) is well known

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Criteria JORC Code explanation Commentary
relation to
geological
structure
structures and the extent to which this is
known, considering the deposit type.
and suggests the drilling direction undertaken by NSR was perpendicular to
the orientation of mineralisation for the Carbine-Phantom Main Lodes.
If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to have
introduced a sampling bias, this should be
assessed and reported if material.
No sampling bias is considered to have been introduced by the drilling
orientation. Drillholes which are considered too oblique have been flagged as
unsuitable for resource estimation.
Sample
security
The measures taken to ensure sample
security.
Prior to laboratory submission samples are stored by Northern Star
Resources in a secure yard. Once submitted to the laboratories they are
stored in a secure fenced compound, tracked through their chain of custody
and via audit trails.
Audits or
reviews
The results of any audits or reviews of
sampling techniques and data.
No audits have been undertaken of the data and sampling practices at this
stage.

Section 2: Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
tenement and
land tenure
status
Type, reference name/number, location
and ownership including agreements or
material issues with third parties such as
joint ventures, partnerships, overriding
royalties, native title interests, historical
sites, wilderness or national park and
environmental settings.
All drilling in this report is located within Mining Lease M16/548 which is
owned by Northern Star Pty Ltd, a wholly owned subsidiary of Northern Star
Resources. There are no private royalty agreements applicable to this
tenement.
The security of the tenure held at the time
of reporting along with any known
impediments to obtaining a licence to
operate in the area.
No known impediments exist and the tenements are in good standing.
Exploration
done by other
parties
Acknowledgment and appraisal of
exploration by other parties.
The Carbine - Paradigm area has been explored since the late 1800s.
Numerous companies, including BHP, Newcrest, Centaur Mining, Goldfields
Exploration, Placer Dome and Barrick have been active in the area.
Geology Deposit type, geological setting and style
of mineralisation.
The Carbine-Phantom model area is considered the northern extension of
the regionally significant Zuleika Shear Zone. The tenements are in the
Norseman-Wiluna Archaean greenstone belt in the Eastern Goldfields
province of the Yilgarn Craton, Western Australia.
Gold mineralisation in the Zuleika Shear Zone and adjacent greenstone
sequences occurs in all rock types, although historical and recent
production is dominated by two predominant styles:
Brittle D2 faults with laminated (multiple crack-seal) quartz veining
containing gold and trace base metal sulphides (galena, sphalerite,
chalcopyrite, scheelite),
Brittle quartz vein stockworks developed within granophyric gabbro
within the Powder Sill
At the Carbine-Phantom deposit, there are multiple mineralisation events
associated with the Carbine Thrust, which are poorly understood:
Gold is hosted in quartz veins with moderate sericite-albite alteration
and disseminated sulphides

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Criteria JORC Code explanation Commentary
Gold is hosted in thin quartz veinlets with disseminated arsenopyrite in
sediments
Gold is hosted in quartz vein stockworks in sediments
Gold mineralisation observed is predominately coarse in nature.
Gold mineralisation may occur in multiple orientations. Sparse diamond
drilling throughout the project area limits the amount of structural data
available for interpretation.
A geology model of the Carbine-Phantom area was created in 2019 using
multi-element, logging and limited structural data. This included defining key
lithological boundaries and a large scale local deformation. This has aided
the interpretation of the Carbine-Phantom Main Lodes.
Drill hole
Information
A summary of all information material to
the understanding of the exploration results
including a tabulation of the following
information for all Material drill holes:
easting and northing of the drill hole
collar
elevation or RL (Reduced Level –
elevation above sea level in metres) of
the drill hole collar
dip and azimuth of the hole
down hole length and interception
depth
hole length.
A summary of the holes made available for resource estimation is included
above.
The collar locations are presented in plots contained in the NSR 2020
resource report.
Drillholes vary in survey dip from -40 to -90, with hole depths ranging from
6m to 600m and having an average depth of 110m. The assay data
acquired from these holes are described in the NSR 2020 resource report.
All of the drill hole data were used directly or indirectly for the preparation of
the resource estimates described in the resource report.
The Carbine-Phantom resource is based predominantly on historic
validated drilling with the addition of recent drilling to validate, infill and
extend. The Carbine-Phantom resource contains 86% historic drilling pre-
2000s (1992-1999), 2% historic drilling (2000-2012) and 11% recent NSR
drilling (2014-2020).
If the exclusion of this information is
justified on the basis that the information is
not Material and this exclusion does not
detract from the understanding of the
report, the Competent Person should
clearly explain why this is the case.
The exclusion of information is not material.
Data
aggregation
methods
In reporting Exploration Results, weighting
averaging techniques, maximum and/or
minimum grade truncations (e.g., cutting of
high grades) and cut-off grades are usually
Material and should be stated.
All reported assay results have been length weighted to provide an
intersection width. A maximum of 1m of internal dilution (considered <
0.5gpt) between mineralised samples has been permitted in the calculation
of these widths. Typically grades over 1.0gpt are considered significant,
however, where low grades are intersected in areas of known mineralisation
these will be reported. No top-cutting is applied when reporting intersection
results.
Where aggregate intercepts incorporate
short lengths of high grade results and
longer lengths of low grade results, the
procedure used for such aggregation
should be stated and some typical
examples of such aggregations should be
shown in detail.
Where an intersection incorporates short lengths of high grade results these
intersections will be reported in addition to the aggregate value. These will
typically take the form of ##.#m @ ##.##gpt including ##.#m @ ##. ##gpt.
The assumptions used for any reporting of
metal equivalent values should be clearly
stated.
No metal equivalent values have been used for the reporting of these
exploration results.

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Criteria JORC Code explanation JORC Code explanation Commentary
Relationship
between
mineralisation
widths and
intercept
lengths
These relationships are particularly
important in the reporting of Exploration
Results:
True widths have been calculated for intersections of the known ore zones,
based on existing knowledge of the nature of these structures.
If the geometry of the mineralisation with
respect to the drill hole angle is known, its
nature should be reported.
Both the downhole width and true width have been clearly specified when
used.
If it is not known and only the down hole
lengths are reported, there should be a
clear statement to this effect (e.g., ‘down
hole length, true width not known’).
It is known and has been reported as such.
Diagrams Appropriate maps and sections (with
scales) and tabulations of intercepts should
be included for any significant discovery
being reported these should include, but
not be limited to a plan view of drill hole
collar locations and appropriate sectional
views.
Appropriate plans and section have been included in the body of this report.
The drill hole plans in the report illustrates the distribution of the drilling over
the Mineral Resource areas.
Balanced
reporting
Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and
high grades and/or widths should be
practiced to avoid misleading reporting of
Exploration Results.
Both high and low grades have been reported accurately, clearly identified
with the drill hole attributes and ‘From’ and ‘To’ depths.
Other
substantive
exploration
data
Other exploration data, if meaningful and
material, should be reported including (but
not limited to): geological observations;
geophysical survey results; geochemical
survey results; bulk samples – size and
method of treatment; metallurgical test
results; bulk density, groundwater,
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.
No other material exploration data has been collected for this area.
Further work The nature and scale of planned further
work (e.g., tests for lateral extensions or
depth extensions or large-scale step-out
drilling).
Further drilling is planned to target extensions and at depth.
A twinning program is proposed to increase confidence in the historic
drilling.
Diagrams clearly highlighting the areas of
possible extensions, including the main
geological interpretations and future drilling
areas, provided this information is not
commercially sensitive.
Appropriate diagrams accompany this release.
CARBINE PHANTOM LODES
. Overview of Carbine-Phantom interpreted ore lodes

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Section 3: Estimation and Reporting of Mineral Resources

(Criteria listed in section 1, and where relevant in section 2, also apply to this section.)

Criteria JORC Code explanation Commentary
Database
integrity
Measures taken to ensure that data has
not been corrupted by, for example,
transcription or keying errors, between its
initial collection and its use for Mineral
Resource estimation purposes.
Northern Star personnel have validated the database during the
interpretation of the mineralisation with any drillholes containing unvalidated
data excluded from the Mineral Resource Estimate.
Data validation procedures used. Data validation procedures involve several steps. First a check of the
individual collar, survey, geology and assay data was performed by a
geologist, then a project geologist validated all data based on suitability for
use in estimation, assigning either a “Res_Flag” Yes or No and a data class
in AcQuire.
This resource used a data class system to indicate the confidence in the
historic data, rather than a straight “Res_Flag” Yes or No.
Data class 3 drill holes passed audits of original data (recent drilling).
Data class 2 holes passed spatial validation, were within 100m of recent
drilling, and could not be completely verified by original data. Data class
1 holes passed spatial validation, were >100m away from recent drilling,
and could not be verified by original data.
Data class 1 drill holes (usually “Res_Flag” No) were included due to
the amount of historic drilling with no recent drilling proximal to upgrade
the data class.
Data class 0 holes failed spatial validation, could not be verified by
original data or contained 4m composite assays that were removed due
to excessive dilution and smearing of grade.
Holes assigned “Res-Flag” No Data class 0 have been excluded from the
data using exclude tables. All historical RC, RCD and DD data has been
assigned a Data class and Res_Flag in AcQuire in the project area.
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
The Competent Person has not visited this site.
If no site visits have been undertaken
indicate why this is the case.
Carbine Project has been lower priority.

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Criteria JORC Code explanation Commentary
Geological
interpretation
Confidence in (or conversely, the
uncertainty of) the geological interpretation
of the mineral deposit.
The geological interpretation included a first pass lithological model used as
a guide for the mineralisation model. Due to the historic logging being
highly variable between drilling generations within an oxidised pit, the exact
location of the sediment-mafic contact location is uncertain (+/- 20m). The
ultramafic-sediment contact marking the Carbine Thrust has been identified
consistently resulting in confidence in the modelled contact. This
determined the type of estimation completed and the Resource
Classifications applied.
There are several known structural offsets in the Carbine ore body,
however, detailed information on the localised impact of the structural
controls is not fully understood. The orientation of Fault 1 is ENE resulting
in an approximately 50m dextral offset observed in the geology. The impact
on a local scale of the orebody cannot be identified in the historical RC
Drilling.
The geological model was developed by NSR geologists and subsequently
led to interpretation of ore domains. The Carbine and Phantom Main Lodes
are located proximal to the Carbine Thrust and exhibit the similar folding
geometry observed in the ultramafic-sediment contact. Ore domains were
statistically tested before completion to determine their suitability for
estimation. The geology model was used as a guide for sub-domaining
following analysis which has resulted in moderate confidence in the
geological interpretation used for Carbine. This has been reflected in the
Resource Classification.
Nature of the data used and of any
assumptions made.
Open pit mapping along with limited diamond drill core lithology, structure,
alteration and mineralisation logs have been used to generate the
mineralisation model.
The primary assumption is that the mineralisation is hosted within
structurally controlled stockwork quartz veins with multiple mineralisation
styles observed in the Carbine main lode, which is considered robust. This
assumption was tested extensively using non-linear estimation and proven
to be robust.
The hanging wall lodes have been modelled as a parallel structure to the
Carbine Main Lode, hosted predominantly in the sediments. This
assumption was tested extensively using non-linear and linear estimations
and proven to be moderately robust.
The foot wall lodes are interpreted as shallow dipping stacked lodes from
limited historic deep diamond drilling data which indicated multiple vein
orientations. This assumption was tested using linear estimation and
proven to be weak. The footwall lodes are hosted primarily in the sediments
and are named based on the relative position of the Main Carbine and
Phantom Lodes.
The effect, if any, of alternative
interpretations on Mineral Resource
estimation.
Data validation highlighted the limited diamond drilling and high confidence
data in the project. Limited structural information was available for
interpretation, so wider zones of mineralisation were interpreted. This has
resulted in the inclusion of unverified assay data from drill holes within the
wireframes, but these values have been removed from the models.
The use of geology in guiding and
controlling Mineral Resource estimation.
The updated geology model guided the ore domains as well as
subdomaining based on grade; this includes lithology contacts and fault
structures.
The factors affecting continuity both of
grade and geology.
The Carbine Thrust is continuous over the length of the deposit, based on
previous mining and drilling and is currently still open to the north west and
the south east. This structure is interpreted to be the fluid pathway feeding
the Carbine project area. Sub parallel structures are thought to be
mineralised due to dilationalareas being createdin folded ultramafic

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Criteria JORC Code explanation Commentary
footwall which coincide with high grade shoots. Grade tenor tends to
decrease in areas where the ultramafic footwall steepens.
Dimensions The extent and variability of the Mineral
Resource expressed as length (along
strike or otherwise), plan width, and depth
below surface to the upper and lower limits
of the Mineral Resource.
The Carbine-Phantom Deposit orientation is NNW. There may be other
local orientations present which were not identified due to a lack of
structural data and diamond drilling in the project area.
The Carbine-Phantom Main Lodes (CML and PML) appears to extend for
approximately 2,200m along strike, 300m down-dip with a width ranging
from 1.0m to 4.0m.
The Carbine supergene extends above the Carbine Main Lode within the
transition and oxide zones. It covers the Carbine Main Lode around the
Carbine Pit, extending approximately 925m along strike, 125m down dip
and ranging in thickness from 5m to 50m.
The Phantom supergene covers the Phantom Pit area, extending
approximately 450m along strike, 350m down dip and ranging in thickness
from 1m to 10m.
A narrow laterite body has also been interpreted in the Phantom model
area, although this has been largely depleted by previous mining activity.
The hanging wall lodes are parallel to the Carbine and Phantom Main
Lodes and are generally hosted in the sediments. Strike lengths range from
400m to 700m, with down dip extents between 100m and 400m. One
hanging wall lode has been modelled in the Carbine model area and three
in the Phantom model area.
The Carbine footwall lodes are interpreted as shallow dipping (~45o)
stacked parallel structures underneath the Carbine Pit. These may be
conjugate structures between the Carbine Thrust and the Ol’Rowley Thrust
(parallel thrust to Carbine).
Estimation
and modelling
techniques
The nature and appropriateness of the
estimation technique(s) applied and key
assumptions, including treatment of
extreme grade values, domaining,
interpolation parameters and maximum
distance of extrapolation from data points.
If a computer assisted estimation method
was chosen include a description of
computer software and parameters used.
Grade estimation of gold has been completed using Ordinary Kriging (OK)
unless otherwise stated. The Carbine Main Lode used Categorical Indicator
Kriging. All estimation was completed using Datamine RM software.
The Carbine Main lode used a three grade domain indicator estimation
which created a waste, low and high grade subdomains. Three different
subdomains were also created based on data density in order to use
different blocks sizes within the grade domains. Semi soft boundaries were
used between the data density subdomains. The most populated domain
(1) used both hard and soft topcuts across the grade subdomains (except
for a hard only topcut in the Waste subdomain). The second most
populated domain (2) used hard topcuts in the waste, soft and hard in the
low grade and soft topcut in the high grade subdomain. The least populated
domain (3) used only hard topcuts in the waste and low grade subdomain.
Dynamic Anisotropy was used for estimation, following review of the
variography. Three passes were run with a minimum of 5 samples and max
of 10 in the first and second pass, and min 1 and max 20 in the third pass.
The ranges were guided by the variography. In domain 1 the low grade
subdomain used ID2and the high grade subdomain used ID3. In domain 2
and 3 the high grade subdomains used ID3.
Of the three Carbine FW lodes, lodes 1 and 2 used both hard and soft
topcuts while lode 3 used only soft topcuts. Variography was only possible
for FW lodes 1 and 2. Search rotations and ranges are based on the
variography for lodes 1 and 2; an isotropic search was used for lode 3. A
minimum of 4-6 samples and max of 10 were used in the first pass, three
passes were used in total for all three lodes. A declustering technique was
used for all three lodes (min 3 samples per drillhole). FW2 and 3 both used
Inverse Distance Squared estimation. The CFW lodes used Ordinary
Kriging.

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Criteria JORC Code explanation Commentary
The Carbine HW lode used both hard and soft topcuts. Variography was
possible for the lode and search rotations and ranges are based on the
variography. A minimum of 5 samples and max of 10 were used in the first
pass, three passes were used in total for all three lodes. A declustering
technique was used (min 2 samples per drillhole). The CHW lode used
Ordinary Kriging.
For the Carbine supergene lode, both hard and soft topcuts were used.
Variography was possible and search rotations and ranges are based on
the variography. A minimum of 4 or 5 samples and max of 10 were used in
the first pass, three passes were used in total. A declustering technique
was used (min 3 samples per drill hole). The Carbine supergene lode used
Ordinary Kriging.
The Phantom Main lode had no top cut applied as no genuinely anomalous
data points exist in the set. Variography was completed on the composited
data file and search rotations and ranges are based on this. A minimum of
8 samples and max of 24 were used in the first pass and three passes were
used in total. A declustering technique was used for all three lodes (min 4
samples per drillhole). The Phantom Main Lode used Ordinary Kriging.
For the Phantom supergene lode, a hard topcut was used. Variography was
possible and search rotations and ranges are based on the variography. A
minimum of 10 samples and max of 24 were used in the first pass, three
passes were used in total. A declustering technique was used (min 4
samples per drillhole). The Phantom supergene used Ordinary Kriging.
The Phantom HWs lodes used hard topcuts. Variography was only possible
for PHW1. The lodes and search rotations and ranges for all the Phantom
HW lodes are based on the variography from PHW1. A minimum of 8
samples and max of 24 were used in the first pass, three passes were used
in total for all three lodes. A declustering technique was used (min 2 - 4
samples per drillhole, depending on the lode). PHW1 used Ordinary
Kriging, while PHW2 and CMCR used ID2.
The Phantom laterite had no top cut applied as no genuinely anomalous
data points exist in the set. Variography was completed on the composited
data file and search rotations and ranges are based on this. A minimum of
10 samples and max of 20 were used in the first pass and three passes
were used in total. A declustering technique was used for all three lodes
(min 4 samples per drillhole). The Phantom laterite used Ordinary Kriging.
The availability of check estimates,
previous estimates and/or mine production
records and whether the Mineral Resource
Estimate takes appropriate account of
such data.
Inverse Distance Squared, Cubed and Nearest Neighbour estimations were
completed as check estimations for all ore lodes.
The assumptions made regarding recovery
of by-products.
No assumptions have been made regarding recovery of any by-products.
Estimation of deleterious elements or other
non-grade variables of economic
significance (e.g., sulphur for acid mine
drainage characterisation).
No deleterious elements have been considered and therefore estimated for
this deposit.
In the case of block model interpolation,
the block size in relation to the average
sample spacing and the search employed.
Data spacing varies considerably within the deposit, ranging from close
spaced 10m (along strike) to 15m (down dip) spacing through to 100m
(along strike) to 100m (down dip) spacing and greater. Gold grades are
estimated at the parent block scale and multiple volume models were
created to reflect the data spacing (see table below).

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Criteria JORC Code explanation Commentary
Search ellipse dimensions were derived from the variogram model ranges,
or isotropic ranges based on data density where insufficient data was
present for variography analysis.
Any assumptions behind modelling of
selective mining units.
No selective mining units are assumed in this estimate.
Any assumptions about correlation
between variables.
No other elements other than gold have been estimated.
Description of how the geological
interpretation was used to control the
resource estimates.
Ore wireframes were created as solids in Maptek Vulcan v9.1 and
Datamine Version 1.6 software packages. The geology model was used as
a guide for the creation of the ore lodes:
Deformation was used as guide for the location of the Carbine Main
Lode
All lodes except the Supergene used the presence of veining and grade
as an indicator of an ore lode. The Supergene used predominantly
grade located above the top of fresh boundary.
The geology model as used as a guide for sub domaining which has
resulted in confidence in the geological interpretation.
Discussion of basis for using or not using
grade cutting or capping.
The influence of extreme sample distribution outliers in the composited data
has been reduced by top-cutting where required.
Top-cut analysis was carried out on the composite gold values, by
ascertaining where a break in the grade population occurred in the upper
percentiles of each ore lode or domain. Where the high grades were
deemed to be significantly anomalous for that grade population, a top-cut
was applied using the method outlined below.
The top cut values are applied in several steps, using influence limitation
top cupping. A top cut (AU) and non-top cut (_NC) variable is created, as
well as a spatial variable (
_BC) which only has values where the top cut
values appear. For example, the following variables were created and
estimated:
AU (top cut gold)
AU_NC (non- top-cut gold)
AU_BC (spatial variable to determine where non-top cut estimate
occurred)
The top-cut and non-top cut values are estimated using search ranges
based on the variogram, and the _BC values estimated using very small
ranges (e.g., 5m x 5m x 5m). Where the
_BC values produce estimated
blocks within these restricted ranges, the *_NC estimated values replace
the original top cut estimated values (AU).
This process allows blocks close to high grade samples to be estimated
with the full uncut dataset but blocks outside this restricted range are
estimated using the top cut dataset. This limits the spread of very high
grades but retains the high local value in these blocks, which more closely
reflects the style of mineralisation.
Supergene 1, Hanging Wall 1 & 2, Footwall 1 & 2 ore lodes had both a
“hard” top cut and influence limitation top cuts applied, due to extreme
outliers present, likely due to both limited data in each domain and the
inherent variability present in the mineralisation.
The process of validation, the checking
process used, the comparison of model
data to drill hole data, and use of
reconciliation data if available.
Model validation has been carried out including visual comparison of the
composites and block model, swath plots of the declustered composites
and estimated blocks, global statistics and check for negative or absent
grades.

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APPENDIX 4: ACQUISITION ASSETS JORC CODE TABLE 1s

Criteria JORC Code explanation Commentary
Moisture Whether the tonnages are estimated on a
dry basis or with natural moisture, and the
method of determination of the moisture
content.
The tonnes have been estimated on a dry basis.
Cut-off
parameters
The basis of the adopted cut-off grade(s)
or quality parameters applied.
The Mineral Resource Estimate has been reported at a 1.64gpt cut off
within 2.5m minimum mining width (excluding dilution) MSO’s using a
$AUD2,250/oz gold price.
Mining factors
or
assumptions
Assumptions made regarding possible
mining methods, minimum mining
dimensions and internal (or, if applicable,
external) mining dilution. It is always
necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential mining methods, but the
assumptions made regarding mining
methods and parameters when estimating
Mineral Resources may not always be
rigorous. Where this is the case, this
should be reported with an explanation of
the basis of the mining assumptions made.
Minimum mining width has been considered when reporting the
Underground Resource.
A SMU of 10m (along strike) and 10m (across strike) has been used in
addition to the minimum width described above.
No dilution or ore loss factors have been applied for reporting of
Carbine/Phantom.
Metallurgical
factors or
assumptions
The basis for assumptions or predictions
regarding metallurgical amenability. It is
always necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential metallurgical methods, but the
assumptions regarding metallurgical
treatment processes and parameters made
when reporting Mineral Resources may not
always be rigorous. Where this is the case,
this should be reported with an explanation
of the basis of the metallurgical
assumptions made.
No metallurgical or recovery assumptions have been made during the
Mineral Resource Estimate.
Environmental
factors or
assumptions
Assumptions made regarding possible
waste and process residue disposal
options. It is always necessary as part of
the process of determining reasonable
prospects for eventual economic extraction
to consider the potential environmental
impacts of the mining and processing
operation. While at this stage the
determination of potential environmental
impacts, particularly for a green fields
project, may not always be well advanced,
the status of early consideration of these
potential environmental impacts should be
reported. Where these aspects have not
been considered this should be reported
with an explanation of the environmental
assumptions made.
No environmental assumptions have been made during the Mineral
Resource Estimate.
Bulk density Whether assumed or determined. If
assumed, the basis for the assumptions. If
determined, the method used, whether wet
or dry, the frequency of the measurements,
the nature, size and representativeness of
the samples.
Bulk density was applied following statistical analysis of the measurements
from the validated diamond drilling data.
In the supergene domain, which was interpreted above the top of fresh
boundary, there were no bulk density measurements taken. As a result, the
bulk density from oxide and transition were assigned a default value of 2.1
t/m3and 2.4 t/m3respectively. Because the total mean bulk density values
were skewed by the majority of fresh measurements, the few values from

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Criteria JORC Code explanation Commentary
the were used as a default where lithologies did not have any
measurements. i.e., the default of 2.55 t/m3was used rather than 2.7 t/m3.
In the fresh domains (all other ore lode), the major lithologies were
determined and the equivalent mean bulk densities values applied (Mafic,
Sediment and ultramafic). Where a lithology was rare, the default mean
bulk density of 2.8t/m3was applied.
The bulk density was then estimated using the equivalent gold estimation
parameters or that domain and validated visually and statistically.
The bulk density for bulk material must
have been measured by methods that
adequately account for void spaces (vugs,
porosity, etc.), moisture and differences
between rock and alteration zones within
the deposit.
Bulk density measurements were taken using the Archimedes technique
onsite; 132 measurements were taken.
Discuss assumptions for bulk density
estimates used in the evaluation process
of the different materials.
There have been assumptions made based on the consistency of bulk
density values within lithologies logged at Carbine.
Classification The basis for the classification of the
Mineral Resources into varying confidence
categories.
The resource classification has been applied to the Mineral Resource
Estimate based on the drilling data spacing, grade and geological
continuity, data integrity, and kriging confidence (slope of regression).
Whether appropriate account has been
taken of all relevant factors (i.e., relative
confidence in tonnage/grade estimations,
reliability of input data, confidence in
continuity of geology and metal values,
quality, quantity and distribution of the
data).
The classification considers the relative contributions of geological and data
quality and confidence, as well as grade confidence and continuity.
Whether the result appropriately reflects
the Competent Person’s view of the
deposit.
The classification reflects the view of the Competent Person.
Audits or
reviews
The results of any audits or reviews of
Mineral Resource Estimates.
An audit has not been completed.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in
the Mineral Resource Estimate using an
approach or procedure deemed
appropriate by the Competent Person. For
example, the application of statistical or
geostatistical procedures to quantify the
relative accuracy of the resource within
stated confidence limits, or, if such an
approach is not deemed appropriate, a
qualitative discussion of the factors that
could affect the relative accuracy and
confidence of the estimate.
The relative accuracy of the Mineral Resource Estimate is reflected in the
reporting of the Mineral Resource as per the guidelines of the 2012 JORC
code
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
economic evaluation. Documentation
The statement relates to global estimates of tonnes and grade.

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Criteria JORC Code explanation Commentary
should include assumptions made and the
procedures used.
These statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
Historic production records are incomplete, so no comparison or
reconciliation has been made.

JORC Code, 2012 Edition – Table 1 Report

Anthill: Resources and Reserves – 31 March 2021

Section 1: Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.)

Criteria JORC Code explanation Commentary
Sampling
techniques
Nature and quality of sampling (e.g., cut
channels, random chips, or specific
specialised industry standard measurement
tools appropriate to the minerals under
investigation, such as down hole gamma
sondes, or handheld XRF instruments, etc.).
These examples should not be taken as
limiting the broad meaning of sampling.
Most of the dataset at Anthill is comprised of Reverse Circulation drilling.
Neither of the two Air Core holes erroneously included in the Resource
dataset were used to inform a classified Resource as they sit outside of the
mineralised domain wireframes.
Include reference to measures taken to
ensure sample representivity and the
appropriate calibration of any measurement
tools or systems used.
RC samples were split using a rig-mounted cone splitter on 1m intervals to
obtain a sample for assay.
Diamond core was placed in core trays for logging and sampling. Half core
samples were nominated by the geologist from diamond core with a minimum
sample width of or 30 cm.
Sample procedures followed by historic operators are assumed to be in line
with industry standards at the time.
Aspects of the determination of
mineralisation that are Material to the Public
Report. In cases where ‘industry standard’
work has been done this would be relatively
simple (e.g., ‘reverse circulation drilling was
used to obtain 1m samples from which 3kg
was pulverised to produce a 30g charge for
fire assay’). In other cases, more
explanation may be required, such as where
there is coarse gold that has inherent
sampling problems. Unusual commodities or
mineralisation types (e.g., submarine
nodules) may warrant disclosure of detailed
information.
RC sampling was split using a rig mounted cone splitter to deliver a sample
of approximately 3kg.
DD drill core was cut in half using an automated core saw, the mass of
material collected will varies on the hole diameter and sampling interval.
All samples were delivered to a commercial laboratory where they were
dried, crushed to 95% passing 3mm if required, at this point large samples
may be split using a rotary splitter, pulverisation to 95% passing 75µm, a 50g
charge was selected for fire assay
Drilling
techniques
Drill type (e.g., core, reverse circulation,
open-hole hammer, rotary air blast, auger,
Bangka, sonic, etc.) and details (e.g., core
diameter, triple or standard tube, depth of
diamond tails, face-sampling bit or other
Most of the data used in the Anthill Resource was derived from RC drilling.
RC Drilling was completed using a 5.25” drill bit.
Diamond holes in the data set used an HQ bit (63.5mm)

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Criteria JORC Code explanation Commentary
type, whether core is oriented and if so, by
what method, etc.).
Drill
sample
recovery
Method of recording and assessing core and
chip sample recoveries and results
assessed.
RC recovery and meterage was assessed by comparing drill chip volumes
(sample bags) for individual metres. Estimates of sample recoveries were
recorded. Routine check for correct sample depths are undertaken every rod
(6m).
Measures taken to maximise sample
recovery and ensure representative nature
of the samples.
RC drilling contractors adjust their drilling approach to specific conditions to
maximise sample recovery. No recovery issues were identified during RC
drilling.
Whether a relationship exists between
sample recovery and grade and whether
sample bias may have occurred due to
preferential loss/gain of fine/coarse material.
No relationship or bias has been identified between grade and sample
recovery.
Logging Whether core and chip samples have been
geologically and geotechnically logged to a
level of detail to support appropriate Mineral
Resource estimation, mining studies and
metallurgical studies.
RC sample chips are logged in 1m intervals for the entire length of each hole.
Regolith, lithology, alteration, veining and mineralisation are all recorded.
Whether logging is qualitative or quantitative
in nature. Core (or costean, channel, etc.)
photography.
All logging is quantitative where possible and qualitative elsewhere.
The total length and percentage of the
relevant intersections logged.
In all instances, the entire drill hole is logged.
Sub-
sampling
techniques
and sample
preparation
If core, whether cut or sawn and whether
quarter, half or all core taken.
Diamond core is cut using an automated core saw. In most cases, half the
core is taken for sampling with the remaining half being stored for later
reference.
If non-core, whether riffled, tube sampled,
rotary split, etc. and whether sampled wet or
dry.
All RC samples are split using a rig-mounted cone splitter to collect a 1m
sample 3-4kg in size. All samples were intended and assumed to be dry,
moisture content was recorded for every sample.
For all sample types, the nature, quality and
appropriateness of the sample preparation
technique.
Preparation of samples prior to NSR ownership
Preparation of NSR samples was conducted at Genalysis and MinAnalytical
preparation facilities, commencing with sorting, checking and drying at less
than 110°C to prevent sulphide breakdown. Samples are jaw crushed to a
nominal -6mm particle size. If the sample is greater than 3kg a Boyd crusher
with rotary splitter is used to reduce the sample size to less than 3kg
(typically 1.5kg) at a nominal <3mm particle size.
The entire crushed sample (if less than 3kg) or sub-sample is then pulverised
to 90% passing 75µm, using a Labtechnics LM5 bowl pulveriser. 300g pulp
subsamples are then taken with an aluminium scoop and stored in labelled
pulp packets.
The sample preparation is considered appropriate for the deposit.
Quality control procedures adopted for all
sub-sampling stages to maximise
representivity of samples.
Procedures are utilised to guide the selection of sample material in the field.
Standard procedures are used for all process within the laboratory. Grind
checks are performed at both the crushing stage (3mm) and pulverising
stage (75µm), requiring 90% of material to pass through the relevant size.

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Criteria JORC Code explanation Commentary
Measures taken to ensure that the sampling
is representative of the in-situ material
collected, including for instance results for
field duplicate / second-half sampling.
No specific information is available on field duplicates ratios for drillholes
prior to 2019, although previous the previous Table 1 states that they were
completed.
For recent drilling (completed since 2019) field duplicates were taken for RC
samples on a ratio of 1 in 20.
Whether sample sizes are appropriate to the
grain size of the material being sampled.
The sample sizes are considered appropriate for the material being sampled.
Quality of
assay data
and
laboratory
tests
The nature, quality and appropriateness of
the assaying and laboratory procedures
used and whether the technique is
considered partial or total.
A 50g fire assay charge is used with a lead flux in the furnace. The prill is
totally digested by HCl and HNO3acids before Atomic Absorption
Spectroscopy (AAS) determination for gold analysis.
For geophysical tools, spectrometers,
handheld XRF instruments, etc., the
parameters used in determining the analysis
including instrument make and model,
reading times, calibrations factors applied
and their derivation, etc.
No geophysical tools were used to determine any element concentrations
Nature of quality control procedures adopted
(e.g., standards, blanks, duplicates, external
laboratory checks) and whether acceptable
levels of accuracy (i.e., lack of bias) and
precision have been established.
Certified reference materials (CRMs), blanks and field duplicates have been
used for Laboratory QAQC. Insertion rates have not been stated in Table 1s,
but it is believed that they are aligned with the accepted industry standards at
the time of data collections.
Verification
of
sampling
and
assaying
The verification of significant intersections by
either independent or alternative company
personnel.
All significant intersections are verified by another Northern Star geologist
during the drill hole validation process, and later by a Competent person to
be signed off
The use of twinned holes. No twinned holes were drilled for this data set
Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.
Assay files are received in *.csv format and loaded directly into the database
by the geologist with an AcQuire importer object. Hardcopy and electronic
copies of these are stored.
Discuss any adjustment to assay data. No adjustments are made to this assay data.
Location of
data points
Accuracy and quality of surveys used to
locate drill holes (collar and down-hole
surveys), trenches, mine workings and other
locations used in Mineral Resource
estimation.
All drill hole collars are surveyed using handheld Garmin GPS (accurate to 2
– 4 metres). These holes are later picked up by an Independent Contractor
using RTK-GPS for use in the Mineral Resource Estimate.
Holes drilled prior to 2019 had downhole gyroscopic surveys completed at
distance between 40 and 80m etres downhole, and again at end of hole.
Hole drilled post 2019 had downhole gyroscopic surveys completed at an
average of 10m spacing downhole.
Specification of the grid system used. Collar coordinates are recorded in MGA94 Zone 51
Quality and adequacy of topographic control. The Differential GPS returns reliable elevation data which has been
confirmed against a high resolution Digital Terrain Model survey performed
by Arvista in November 2020.

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Criteria JORC Code explanation Commentary
Data
spacing
and
distribution
Data spacing for reporting of Exploration
Results.
Drill hole spacing across the area varies from approximately 20m to 100m
spacing.
Whether the data spacing and distribution is
sufficient to establish the degree of
geological and grade continuity appropriate
for the Mineral Resource and Ore Reserve
estimation procedure(s) and classifications
applied.
Resource definition drilling spacing was typically 20m x 20m, to allow for
classification as Indicated Resource. Outside of the Indicated Resource, drill
spacing is highly variable with Resource classifications applied appropriately.
Whether sample compositing has been
applied.
Sample data is composited before grade estimation is undertaken.
Orientation
of data in
relation to
geological
structure
Whether the orientation of sampling
achieves unbiased sampling of possible
structures and the extent to which this is
known, considering the deposit type.
Drill holes have been oriented at an angle of -60 degrees which is deemed
sufficient to intersect mineralisation (both flat supergene and steeper fresh-
rock lodes) at an appropriate angle based on the current understanding of
Anthill.
If the relationship between the drilling
orientation and the orientation of key
mineralised structures is considered to have
introduced a sampling bias, this should be
assessed and reported if material.
No sampling bias is considered to have been introduced by the drilling
orientation
Sample
security
The measures taken to ensure sample
security.
Samples were collected onsite under the supervision of a responsible
geologist. The worksite is on a destocked pastoral station and visitors need
approval to enter the site. Samples are transported to the assay laboratory
and kept in a secure yard while awaiting processing.
Audits or
reviews
The results of any audits or reviews of
sampling techniques and data.
No audits have been undertaken for the drill holes at this stage.

Section 2: Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

Criteria JORC Code explanation Commentary
Mineral
tenement and
land tenure
status
Type, reference name/number, location
and ownership including agreements or
material issues with third parties such as
joint ventures, partnerships, overriding
royalties, native title interests, historical
sites, wilderness or national park and
environmental settings.
All drilling in this report is located within Mining Lease M16/531. There are
no private royalty agreements applicable to this tenement.
The security of the tenure held at the time
of reporting along with any known
impediments to obtaining a licence to
operate in the area.
No known impediments exist, and the tenements are in good standing.
Exploration
done by other
parties
Acknowledgment and appraisal of
exploration by other parties.
Previous workers in the area include Noranda (1987), Pioneer (1989),
Plutonic (1996), Homestake (1998), Heron (2009) and Metaliko (2014).

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Criteria JORC Code explanation Commentary
Geology Deposit type, geological setting and style
of mineralisation.
Anthill is located adjacent to the highly endowed Zuleika shear zone. The
geology is dominated by a variolitic basalt with lesser amounts of porphyry
and ultramafic rocks observed. At least two mineralised trends are evident
and add to the geological complexity at Anthill. The gold mineralisation is
pervasive and occurs in a number of settings, the most important being a
quartz stock work of thin veins with carbonate-sericite-silica-sulphide
alteration.
Drill hole
Information
A summary of all information material to
the understanding of the exploration results
including a tabulation of the following
information for all Material drill holes:
easting and northing of the drill hole
collar
elevation or RL (Reduced Level –
elevation above sea level in metres) of
the drill hole collar
dip and azimuth of the hole
down hole length and interception
depth
hole length.
A summary of the data present in the Anthill deposit can be found above.
The collar locations are presented in plots contained in the NSR 2021
resource report.
Drill holes vary in survey dip from -43 to -90 degrees, with hole depths
ranging from 36m to 384m, with an average depth of 104m. The assay
data acquired from these holes are described in the NSR 2021 resource
report.
All validated drill hole data was used directly or indirectly for the preparation
of the resource estimates described in the resource report.
If the exclusion of this information is
justified on the basis that the information is
not Material and this exclusion does not
detract from the understanding of the
report, the Competent Person should
clearly explain why this is the case.
Exclusion of the drill information will not detract from the understanding of
the report.
Data
aggregation
methods
In reporting Exploration Results, weighting
averaging techniques, maximum and/or
minimum grade truncations (e.g., cutting of
high grades) and cut-off grades are usually
Material and should be stated.
All reported assay results have been length weighted to provide an
intersection width. A maximum of 2m of barren material between
mineralised samples has been permitted in the calculation of these widths.
Typically grades over 1.0gpt are considered significant, however, where low
grades are intersected in areas of known mineralisation these will be
reported. No top-cutting is applied when reporting intersection results.
Where aggregate intercepts incorporate
short lengths of high grade results and
longer lengths of low grade results, the
procedure used for such aggregation
should be stated and some typical
examples of such aggregations should be
shown in detail.
Where an intersection incorporates short lengths of high grade results these
intersections will be reported in addition to the aggregate value. These will
typically take the form of ##.#m @ ##.##gpt including ##.#m @ ##.##gpt.
The assumptions used for any reporting of
metal equivalent values should be clearly
stated.
No metal equivalent values have been used for the reporting of these
exploration results
Relationship
between
mineralisation
widths and
intercept
lengths
These relationships are particularly
important in the reporting of Exploration
Results:
True widths have been calculated for intersections of the known ore zones,
based on existing knowledge of the nature of these structures.
If the geometry of the mineralisation with
respect to the drill hole angle is known, its
nature should be reported.
Both the downhole width and true width have been clearly specified when
used.
If it is not known and only the down hole
lengths are reported, there should be a
clear statement to this effect (e.g., ‘down
hole length, true width not known’).
Not applicable

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Criteria JORC Code explanation Commentary
Diagrams Appropriate maps and sections (with
scales) and tabulations of intercepts should
be included for any significant discovery
being reported These should include, but
not be limited to a plan view of drill hole
collar locations and appropriate sectional
views.
Appropriate plans and section have been included in the body of this
release.
Balanced
reporting
Where comprehensive reporting of all
Exploration Results is not practicable,
representative reporting of both low and
high grades and/or widths should be
practiced to avoid misleading reporting of
Exploration Results.
Both high and low grades have been reported accurately, clearly identified
with the drillhole attributes and ‘From’ and ‘To’ depths.
Other
substantive
exploration
data
Other exploration data, if meaningful and
material, should be reported including (but
not limited to): geological observations;
geophysical survey results; geochemical
survey results; bulk samples – size and
method of treatment; metallurgical test
results; bulk density, groundwater,
geotechnical and rock characteristics;
potential deleterious or contaminating
substances.
No other material exploration data has been collected for this area.
Further work The nature and scale of planned further
work (e.g., tests for lateral extensions or
depth extensions or large-scale step-out
drilling).
Follow up drilling will be based on results from open pit optimisation studies,
with high-risk areas infilled before any commencement of open pit mining.
Drilling for underground resource is likely to continue, which will include
both infill of current Mineral Resource and extension of the Mineral
Resource.
Diagrams clearly highlighting the areas of
possible extensions, including the main
geological interpretations and future drilling
areas, provided this information is not
commercially sensitive.
Appropriate diagrams accompany this release.
Section 3: Estimation and Reporting of Mineral Resources
(Criteria listed in section 1, and where relevant in section 2, also apply to this section.)
Criteria JORC Code explanation Commentary
Database
integrity
Measures taken to ensure that data has
not been corrupted by, for example,
transcription or keying errors, between its
initial collection and its use for Mineral
Resource estimation purposes.
Northern Star personnel have validated the database during the
interpretation of the mineralisation with any drillholes containing dubious
data excluded from the Mineral Resource Estimate.
Data validation procedures used. Data validation processes are in place and run upon import into the
database.
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
The Competent Person has visited the Anthill model area.

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Criteria JORC Code explanation Commentary
If no site visits have been undertaken
indicate why this is the case.
Not applicable
Geological
interpretation
Confidence in (or conversely, the
uncertainty of) the geological interpretation
of the mineral deposit.
Infill drilling has supported and refined the historical model and the current
interpretation is considered robust.
Widespread drilling and geological mapping of old drill chips have
supported the estimate.
Infill drilling has confirmed geological and grade continuity.
The interpretation was completed using sectional strings in Datamine RM
software.
Nature of the data used and of any
assumptions made.
RC chip lithology, alteration and mineralisation logs have been used to
generate the mineralisation model. Limited structural data is available for
use due to the small amount of diamond drilling completed.
The effect, if any, of alternative
interpretations on Mineral Resource
estimation.
While the current interpretation is considered to be robust, with a
structurally complex system such as Anthill, an alternative interpretation
cannot be completely discounted. Any significant interpretation change has
the potential to impact (detrimentally or otherwise) the reported Resource
for Anthill. This has been accounted for when applying Resource
Classifications to the Anthill Mineral Resource, especially in areas where
data density is sparse or continuity is limited.
The use of geology in guiding and
controlling Mineral Resource estimation.
The mineralisation interpretation is based on a combination of logged
quartz percentage, structure, and assays.
The factors affecting continuity both of
grade and geology.
The structure is considered to be continuous over the length of the deposit
with either quartz or the controlling structure used to guide the
interpretation. Grade between drillholes can be inconsistent and as a result,
estimation parameters have been chosen to best represent this lack of
continuity.
Dimensions The extent and variability of the Mineral
Resource expressed as length (along
strike or otherwise), plan width, and depth
below surface to the upper and lower limits
of the Mineral Resource.
The Anthill deposit extends 450m along strike and 240m down-dip. It
consists of a Supergene lode, three ‘Main’ lodes and four smaller-scale
‘south’ lodes.
Estimation
and modelling
techniques
The nature and appropriateness of the
estimation technique(s) applied and key
assumptions, including treatment of
extreme grade values, domaining,
interpolation parameters and maximum
distance of extrapolation from data points.
If a computer assisted estimation method
was chosen include a description of
computer software and parameters used.
Grade estimation of gold has been completed using Datamine Studio RM
software. Geostatistical analysis and variography were completed using
Snowden’s Supervisor v9 software.
Each ore lode interpretation is considered as being a separate estimation
domain. All estimations use hard domain boundaries. Grade estimations for
gold used Ordinary Kriging, unless otherwise stated. Estimations use 1m
composites with top-cutting applied to gold outlier values. Histograms, log
probability plots, mean and variance plots and change in CV of the 1m
composites were used to determine top-cut values on a domain by domain
basis. A multiple-pass estimation strategy was applied for estimations. The
search distance for each lode is calculated at ~66% of the variogram range.
Minimum and maximum samples are generally 8 and 14, however each ore
lode is optimised individually which may result in a different minimum and
maximum selected.
The availability of check estimates,
previous estimates and/or mine production
records and whether the Mineral Resource
Comparison estimations were carried out by Inverse Distance Squared and
Nearest Neighbour methods for each model domain alongside the Ordinary

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Criteria JORC Code explanation Commentary
Estimate takes appropriate account of
such data.
Kriged estimates. The final Ordinary Kriged estimates are compared to the
previous model estimates.
The assumptions made regarding recovery
of by-products.
No assumptions have been made regarding recovery of any by-products.
Estimation of deleterious elements or other
non-grade variables of economic
significance (e.g., sulphur for acid mine
drainage characterisation).
No deleterious elements have been considered and therefore estimated for
this deposit.
In the case of block model interpolation,
the block size in relation to the average
sample spacing and the search employed.
A 10m x 10m x 5m block size has been used for all lodes. Search distances
are based on the variogram for the respective lodes, with a value 66% of
the variogram range used for most of the lodes. Where this value was not
suitable, it has been adjusted to a more appropriate values.
Any assumptions behind modelling of
selective mining units.
No selective mining units are assumed in this estimate.
Any assumptions about correlation
between variables.
No other elements other than gold have been estimated.
Description of how the geological
interpretation was used to control the
resource estimates.
The ore wireframes were created using in Leapfrog software. Tag strings
and additional interpretation points were used to control ore body volume
and orientation. Data has been selected using intersection tables exported
form Leapfrog, with samples flagged for use in the estimate within the
Datamine estimation macro. Intersections used in the estimate have been
validated to ensure they agree spatially with the interpretation and
encompass all the drillholes to be used in the estimate.
Discussion of basis for using or not using
grade cutting or capping.
Top-cuts were applied to the composited sample data. Top cuts were
selected based on a statistical analysis of the data to not impact the mean
by more than 5% and reduce the coefficient of variation to around 1.2 and
vary by domain.
The process of validation, the checking
process used, the comparison of model
data to drill hole data, and use of
reconciliation data if available.
After compositing and top-cutting, a series of length and metal checks are
completed to ensure the total length of the sample file is maintained and the
metal loss due to top-cutting can be quantified. Statistics are generated and
analysed using Snowden Supervisor software for the raw, composited, and
top-cut and composited drill hole files to ensure the nature of the population
has not been adversely affected by these processes.
Statistical measures of Kriging error, such as Kriging Efficiency and Slope
of Regression, are used to assess the quality of the estimation for each
domain.
Differences between the declustered composite data set and the average
model grade must be within 10%.
Swath plots comparing declustered composites to block model grades are
prepared and visual checks summarising the critical model parameters.
Visually, block grades are assessed against drill hole and face data.
Moisture Whether the tonnages are estimated on a
dry basis or with natural moisture, and the
method of determination of the moisture
content.
The tonnes have been estimated on a dry basis.

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Criteria JORC Code explanation Commentary
Cut-off
parameters
The basis of the adopted cut-off grade(s)
or quality parameters applied.
The Anthill Open Pit Resource is reported above the $AUD2,250/oz
optimised pit shell at a 0.57gpt cut off within 2.5m minimum mining width
(excluding dilution) MSOs.
No underground Resource has been reported for Anthill.
Mining factors
or
assumptions
Assumptions made regarding possible
mining methods, minimum mining
dimensions and internal (or, if applicable,
external) mining dilution. It is always
necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential mining methods, but the
assumptions made regarding mining
methods and parameters when estimating
Mineral Resources may not always be
rigorous. Where this is the case, this
should be reported with an explanation of
the basis of the mining assumptions made.
Minimum mining width has been considered when reporting the Open Pit
Resource.
For the Open Pit Resource, a SMU of 5.0m (along strike) and 5.0m (across
strike) has been used in addition to the minimum width described above.
No dilution or ore loss factors have been applied.
Metallurgical
factors or
assumptions
The basis for assumptions or predictions
regarding metallurgical amenability. It is
always necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential metallurgical methods, but the
assumptions regarding metallurgical
treatment processes and parameters made
when reporting Mineral Resources may not
always be rigorous. Where this is the case,
this should be reported with an explanation
of the basis of the metallurgical
assumptions made.
No metallurgical or recovery assumptions have been made during the
Mineral Resource Estimate.
Environmental
factors or
assumptions
Assumptions made regarding possible
waste and process residue disposal
options. It is always necessary as part of
the process of determining reasonable
prospects for eventual economic extraction
to consider the potential environmental
impacts of the mining and processing
operation. While at this stage the
determination of potential environmental
impacts, particularly for a green fields
project, may not always be well advanced,
the status of early consideration of these
potential environmental impacts should be
reported. Where these aspects have not
been considered this should be reported
with an explanation of the environmental
assumptions made.
No environmental assumptions have been made during the Mineral
Resource Estimate.
Bulk density Whether assumed or determined. If
assumed, the basis for the assumptions. If
determined, the method used, whether wet
or dry, the frequency of the measurements,
the nature, size and representativeness of
the samples.
A thorough investigation was completed into average density values for the
various lithological units at Anthill. Due to the extremely low variance in
measured density by lithology, a value of 2.76 t/m3was applied to all fresh-
rock blocks. Oxide (1.8 t/m3) and transitional (2.1 t/m3) zones had densities
applied based on regional averages for the Carbine/Zuleika belt.
The bulk density for bulk material must
have been measured by methods that
adequately account for void spaces (vugs,
porosity, etc.), moisture and differences
No information has been provided on the number of measurements or
method used to obtain these values.

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Criteria JORC Code explanation Commentary
between rock and alteration zones within
the deposit.
Discuss assumptions for bulk density
estimates used in the evaluation process
of the different materials.
Classification The basis for the classification of the
Mineral Resources into varying confidence
categories.
Classification is based on a series of factors including:
Grade continuity
Geological confidence
Density of available drilling
Statistical evaluation of the quality of the kriging estimate
Confidence in historical data
The presence of face channel data
DataClass of the drillholes
Whether appropriate account has been
taken of all relevant factors (i.e., relative
confidence in tonnage/grade estimations,
reliability of input data, confidence in
continuity of geology and metal values,
quality, quantity and distribution of the
data).
The classification considers the relative contributions of geological and data
quality and confidence, as well as grade confidence and continuity.
Whether the result appropriately reflects
the Competent Person’s view of the
deposit.
The resource model methodology is appropriate and reflects the Competent
Persons’ view of the deposit.
Audits or
reviews
The results of any audits or reviews of
Mineral Resource Estimates.
All resource models have been subjected to internal peer reviews.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in
the Mineral Resource Estimate using an
approach or procedure deemed
appropriate by the Competent Person. For
example, the application of statistical or
geostatistical procedures to quantify the
relative accuracy of the resource within
stated confidence limits, or, if such an
approach is not deemed appropriate, a
qualitative discussion of the factors that
could affect the relative accuracy and
confidence of the estimate.
The relative accuracy of the Mineral Resource Estimate is reflected in the
reporting of the Mineral Resource as per the guidelines of the 2012 JORC
code
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
economic evaluation. Documentation
should include assumptions made and the
procedures used.
The statement relates to global estimates of tonnes and grade.
These statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
There has been no history of mining at Anthill.

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ANT HILL MAIN & SUPERGENE LODES ANT HILL MAIN & SUPERGENE LODES ANT HILL MAIN & SUPERGENE LODES ANT HILL SOUTH & SUPERGENE LODES
Cross-section view at 6,625,870m N showing the updated Anthill
Supergene and Main Lode interpretations
Cross-section view at 6,625,880m N showing the updated Anthill
South and Supergene interpretations
Section 4: Estimation and Reporting of Ore Reserves
(Criteria listed in section 1, and where relevant in sections 2 and 3, also apply to this section.)
Criteria JORC Code explanation Commentary
Mineral
Resource
Estimate for
conversion to
Ore Reserves
Description of the Mineral Resource
Estimate used as a basis for the
conversion to an Ore Reserve.
Northern Star 2021 Resource.
Clear statement as to whether the Mineral
Resources are reported additional to, or
inclusive of, the Ore Reserves.
The Mineral Resources are reported inclusive of the Ore Reserve.
Site visits Comment on any site visits undertaken by
the Competent Person and the outcome of
those visits.
Site visits have been undertaken by the competent person.
If no site visits have been undertaken
indicate why this is the case.
Site visits undertaken.
Study status The type and level of study undertaken to
enable Mineral Resources to be converted
to Ore Reserves.
A minimum Pre-Feasibility level study is completed prior to converting an
ore zone into ore Reserve.
The Code requires that a study to at least
Pre-Feasibility Study level has been
undertaken to convert Mineral Resources
to Ore Reserves. Such studies will have
been carried out and will have determined
a mine plan that is technically achievable
Ore Reserves have been calculated by generating detailed mining shapes
for the proposed Anthill pit. A series of nested optimised pit shells were
generated using Whittle software, an analysis of the shells was completed
to select one which was then used to complete a detailed pit design to
closely resemble the selected whittle shell.

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Criteria JORC Code explanation Commentary
and economically viable, and that material
Modifying Factors have been considered.
The Whittle optimisation used parameters generated from NSR technical
personnel and technical consultants.
A detailed mine schedule and cost model has been generated and
appropriate ore dilution and recoveries have been applied within the model.
Cut-off
parameters
The basis of the cut-off grade(s) or quality
parameters applied.
The pit cut-off grade has been calculated based on the key input
components (processing, recovery and administration)
Forward looking forecast costs and physicals form the basis of the cut-off
grade calculations.
The AUD gold price as per corporate guidance.
Mill recovery factors are based on historical data and metallurgical test
work.
Variable treatment costs to open pit mining for processing is a fundamental
premise in the evaluation of open pit projects.
Variable cut-off grade is used in the evaluation of open pit projects.
Mining factors
or
assumptions
The method and assumptions used as
reported in the Pre-Feasibility or Feasibility
Study to convert the Mineral Resource to
an Ore Reserve (i.e.,either by application
of appropriate factors by optimisation or by
preliminary or detailed design).
Mineral Resource is converted to Ore Reserve after completing a detailed
mine design complete with a detailed financial assessment.
The Mineral Resource block model is used.
Ore Reserves have been calculated by generating detailed mining shapes
for the proposed open pit. All open pit mining shapes include planned and
unplanned dilution, being waste material that is located within the minable
shape.
Open pit unplanned dilution has been modelled within the mining shapes as
a skin of material likely to be taken additional to material considered to be
the smallest mining unit (SMU). This method is considered to be
appropriate given the expected ground conditions, orebody width and
proposed mining style.
The choice, nature and appropriateness of
the selected mining method(s) and other
mining parameters including associated
design issues such as pre-strip, access,
etc.
The selected mining method for the Anthill deposit is a bench mining open
pit method. The proposed open pit would be mined using conventional
open pit mining methods (drill, blast, load and haul) by a mining contractor
utilising 120t class excavators and 90t trucks. This method is used widely
in mines across Western Australia and is deemed appropriate given the
nature of the ore body.
The assumptions made regarding
geotechnical parameters (e.g., pit slopes,
stope sizes, etc.), grade control and pre-
production drilling.
Independent Geotechnical Consultants Dempers & Seymour Pty Ltd
completed a geotechnical study for the Paradigm project. Recommended
wall angles were applied to the Whittle optimisation and subsequent
detailed pit designs.
The major assumptions made and Mineral
Resource model used for pit and stope
optimisation (if appropriate).
The mining dilution factors used. Physicals are reported within the generated mining shapes for the open pit
Ore Reserve. SMU shapes have been generated for the reporting of Ore
Reserve physicals. Dilution accounted for within the SMU is 12%; that is
waste material carried within the mining shape.

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Criteria JORC Code explanation Commentary
The mining recovery factors used. No recovery factors were applied for the reporting of Open pit Reserve
physicals. Mining recovery is considered to be 100% of the SMU.
Any minimum mining widths used. The minimum minable selective mining unit (SMU) dimensions for the Open
pit Reserve Estimate are 3.5m Wide x 2.5m High x 4.0m Long.
A minimum mining width down to 20m for final pit extraction from the base
of pit has been used.
The manner in which Inferred Mineral
Resources are utilised in mining studies
and the sensitivity of the outcome to their
inclusion.
Inferred material has not been included within the open pit Ore Reserve
estimate (treated as waste) but has been considered in LOM planning. The
amount of inferred material has no impact on the sensitivity of the project.
The infrastructure requirements of the
selected mining methods.
Infrastructure required for the proposed Anthill Project has been accounted
for and included in all work leading to the generation of the Ore Reserve
estimate.
Ore from the Anthill Project will be processed through the Kanowna Belle
Gold Mine Processing Plant at the Kanowna Belle operation; hence no
processing infrastructure is required.
The Anthill Project is connected by internal private haul roads to Kanowna
Belle.
Required infrastructure will be shared with the Paradigm pit and will include
Offices, workshops and associated facilities, dewatering pipeline, Waste
Rock Storage Dump; and ROM Pad.
Metallurgical
factors or
assumptions
The metallurgical process proposed and
the appropriateness of that process to the
style of mineralisation.
The Kanowna Belle plant is made up of crushing, grinding, gravity gold
recovery, flotation, roasting, CIL, elution and gold recovery circuits.
The Kanowna Belle Mill is designed to handle approximately 2.0m illion
tonnes of feed per annum. The plant has the capability to treat both
refractory and free milling ores, through either using the flotation circuit and
associated concentrate roaster circuit, including carbon-in-leach (CIL) gold
recovery, or bypassing the flotation circuit and going directly to a CIL circuit
designed to treat flotation tails. The plant campaigns both refractory and
free milling ores every month. Between campaigns, the circuit is “cleaned
out” using mineralised waste. The plant is made up of crushing, grinding,
gravity gold recovery, flotation, roasting, CIL, elution and gold recovery
circuits. Ore Reserves are calculated using processing plant recovery
factors that are based on test work and historical performance.
Whether the metallurgical process is well-
tested technology or novel in nature.
Well tested, standard CIL extraction process utilising the existing Kanowna
Belle processing facility.
The nature, amount and
representativeness of metallurgical test
work undertaken, the nature of the
metallurgical domaining applied and the
corresponding metallurgical recovery
factors applied.
Based on metallurgical test work carried out and milling experience gained
through processing similar ore material through the Kanowna Belle
processing facility.
The metallurgical recoveries for the project were set at 93% for oxide, 93%
for transitional, 93% for fresh rock.
Any assumptions or allowances made for
deleterious elements.
Metallurgical test work carried out indicates no deleterious elements.
No assumption made.

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Criteria JORC Code explanation Commentary
The existence of any bulk sample or pilot
scale test work and the degree to which
such samples are considered
representative of the orebody as a whole.
Based on metallurgical test work carried out and milling experience gained
through processing similar material through the Kanowna Belle processing
facility.
For minerals that are defined by a
specification, has the ore reserve
estimation been based on the appropriate
mineralogy to meet the specifications?
Not applicable.
Environmental The status of studies of potential
environmental impacts of the mining and
processing operation. Details of waste rock
characterisation and the consideration of
potential sites, status of design options
considered and, where applicable, the
status of approvals for process residue
storage and waste dumps should be
reported.
All ore from the Anthill Project will be trucked to the Kanowna Belle
Processing Plant for processing.
The Kanowna Belle Mine is operated subject to the requirements of the
Western Australian Mining Act 1978 and the Mines (Safety) Act, regulated
by the Department of Mines, Industry Regulation and Safety.
The Mining Leases covering the Kanowna Belle operation stipulate
environmental conditions for operation, rehabilitation and reporting. A
“Licence to Operate” is held by the operation which is issued under the
requirements of the “Environmental Protection Act 1986”.
Dempers and Seymour Geotechnical Consultants completed a
comprehensive geotechnical study for recommended wall angles and
regulatory approval.
There are no native title issues. Heritage surveys have been completed for
the Anthill Project. There are no heritage sites identified that impact on the
pit or associated infrastructure. The heritage surveys conducted were to full
clearance for mining.
Flora & Fauna and hydrogeological studies have been completed.
Infrastructure The existence of appropriate infrastructure:
availability of land for plant development,
power, water, transportation (particularly
for bulk commodities), labour,
accommodation; or the ease with which
the infrastructure can be provided or
accessed.
The Anthill Project is located 67km north west of Kanowna Belle.
Anthill is connected to the Kanowna Belle Processing Plant via internal
private haul roads. All haul roads are on secured Northern Star tenure.
Infrastructure to support mining will be established at Paradigm.
Access to Anthill and the Kanowna Belle operation is provided by well-
maintained public and private roads. Employees reside in Kalgoorlie and
commute to site daily.
Costs The derivation of, or assumptions made,
regarding projected capital costs in the
study.
Mining costs based on mining contract rates supplied by a reputable WA
based mining contractor. Mining costs were built up from first principals on
mine designs supplied by NSR.
Capital costs were not included in the optimised parameter inputs. Capital
costs based on quotes supplied and have been included in the Paradigm
economic cost model.
The methodology used to estimate
operating costs.
The estimation of Open pit mine operating costs was based on a contractor
mining and maintenance operation using first principles to determine
equipment productivities and associated operating hours to generate mine
schedules. Provided contract pricing were than applied to the schedule to
calculate all unit costs.
Allowances made for the content of
deleterious elements.
No allowances made, none expected.

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Criteria JORC Code explanation Commentary
The derivation of assumptions made of
metal or commodity price(s), for the
principal minerals and co- products.
Single commodity pricing for gold only, using gold price of AUD $1,750 per
ounce as per corporate guidance.
The source of exchange rates used in the
study.
Corporate guidance.
Derivation of transportation charges. Transportation costs for ore haulage from Anthill to Kanowna Belle are
based on current NSR contractor schedule of rates. Transportation costs
also include an allowance for adequate haul road maintenance and dust
suppression.
The basis for forecasting or source of
treatment and refining charges, penalties
for failure to meet specification, etc.
Historic performance.
The allowances made for royalties
payable, both Government and private.
WA State Government royalty of 2.5%.
Revenue
factors
The derivation of, or assumptions made
regarding revenue factors including head
grade, metal or commodity price(s)
exchange rates, transportation and
treatment charges, penalties, net smelter
returns, etc.
All financial analysis and gold price have been expressed in Australian
dollars and no direct exchange rates have been applied.
Revenue factors within the whittle optimisation process were used. A
revenue factor shell was selected and used to complete a detailed pit
design. A gold price of AUD $1,750 per ounce has been used in the
optimisation of the Paradigm Project.
The derivation of assumptions made of
metal or commodity price(s), for the
principal metals, minerals and co-products.
Corporate guidance.
Market
assessment
The demand, supply and stock situation for
the particular commodity, consumption
trends and factors likely to affect supply
and demand into the future.
It is assumed all gold is sold directly to market at the Corporate gold price
guidance of AUD$1,750/oz.
A customer and competitor analysis along
with the identification of likely market
windows for the product.
Not applicable.
Price and volume forecasts and the basis
for these forecasts.
Corporate guidance.
For industrial minerals the customer
specification, testing and acceptance
requirements prior to a supply contract.
Not applicable.
Economic The inputs to the economic analysis to
produce the net present value (NPV) in the
study, the source and confidence of these
economic inputs including estimated
inflation, discount rate, etc.
The Ore Reserve estimate is based on a financial model for that has been
prepared at a “pre-feasibility study” level of accuracy economic modelling.
All inputs from mining operations, processing, transportation and sustaining
capital as well as contingencies have been scheduled and evaluated to
generate a full life of mine cost model.
Economic inputs have been sourced from suppliers or generated from
database information relating to the relevant area of discipline.
A discount rate of 6.2% has been applied.

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Criteria JORC Code explanation Commentary
The NPV of the project is positive at the assumed commodity prices.
NPV ranges and sensitivity to variations in
the significant assumptions and inputs.
Sensitivities were conducted on metal price fluctuations of A$1,750 ± $250
per ounce.
Social The status of agreements with key
stakeholders and matters leading to social
licence to operate.
Agreements are in place and are current with all key stakeholders.
Other To the extent relevant, the impact of the
following on the project and/or on the
estimation and classification of the Ore
Reserves:
Any identified material naturally occurring
risks.
No Issues.
The status of material legal agreements
and marketing arrangements.
No Issues.
The status of governmental agreements
and approvals critical to the viability of the
project, such as mineral tenement status,
and government and statutory approvals.
There must be reasonable grounds to
expect that all necessary Government
approvals will be received within the
timeframes anticipated in the Pre-
Feasibility or Feasibility study. Highlight
and discuss the materiality of any
unresolved matter that is dependent on a
third party on which extraction of the
reserve is contingent.
No Issues.
Classification The basis for the classification of the Ore
Reserves into varying confidence
categories.
Classifications of Measured, Indicated and Inferred have been assigned
based on the mineral Resource classifications within the underlying
Resource model.
Whether the result appropriately reflects
the Competent Person’s view of the
deposit.
The results accurately reflect the Competent Persons view of the deposit.
The proportion of Probable Ore Reserves
that have been derived from Measured
Mineral Resources (if any).
Nil.
Audits or
reviews
The results of any audits or reviews of Ore
Reserve estimates.
The Reserve has been internally reviewed in line with Northern Star
Resources governance standard for Reserves and Resources. There have
been no external reviews of this Ore Reserve estimate.
Discussion of
relative
accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in
the Ore Reserve estimate using an
approach or procedure deemed
appropriate by the Competent Person. For
example, the application of statistical or
geostatistical procedures to quantify the
relative accuracy of the reserve within
stated confidence limits, or, if such an
approach is not deemed appropriate, a
The design, schedule and financial model on which the Ore Reserve is
based has been completed to a “pre-feasibility study” standard, with a
corresponding level of confidence.

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Criteria JORC Code explanation Commentary
qualitative discussion of the factors which
could affect the relative accuracy and
confidence of the estimate.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and
economic evaluation. Documentation
should include assumptions made and the
procedures used.
Estimates are global but will be reasonable accurate on a local scale.
Accuracy and confidence discussions
should extend to specific discussions of
any applied Modifying Factors that may
have a material impact on Ore Reserve
viability, or for which there are remaining
areas of uncertainty at the current study
stage.
Not applicable.
It is recognised that this may not be
possible or appropriate in all
circumstances. These statements of
relative accuracy and confidence of the
estimate should be compared with
production data, where available.
Not applicable.

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