RNS8 Apr 2026 07:25
ASX: GGP
Greatland Resources Limited
Level 2, 502 Hay St
Subiaco, Western Australia, 6008, Australia
ABN: 17 668 338 618 W greatland.com.au
8 April 2026
March 2026 Quarter Production Update
Quarterly production of 82,723 oz Au, cash builds $260m to $1,208m
Greatland Resources Limited (Greatland or Company) (ASX:GGP, AIM:GGP) is pleased to provide the
following preliminary production update for the March 2026 Quarter:
• Production of 82,723oz Au and 4,128t Cu (YTD FY2026: 249,887oz Au and 11,022t Cu).
• All-In-Sustaining-Cost (AISC) is still to be finalised and will be reported in the March 2026 Quarterly
Activities Report.
• Sales of 97,800oz Au and 4,620t Cu1
(YTD FY2026: 252,212oz Au and 10,333t Cu).
• Cash at 31 March 2026 of $1,208 million (31 December 2025: $948 million) and nil debt which
represents a cash build of $260 million for the quarter, after capital expenditure, and a cash payment
of $73 million for tax related to the FY25 period. Greatland will now commence paying regular cash
tax instalments with effect from April 2026.
• Greatland maintains full upside exposure to the gold price, with partial downside price protection
provided from gold put options.
Greatland is closely monitoring potential supply chain and cost impacts due to the current conflict in the
Middle East, and notes the following:
• Telfer is not currently impacted by diesel supply disruptions with fuel supplied directly by a global oil
major on a long-term contact via Port Hedland.
• Telfer’s processing plant power is generated onsite by natural gas that is delivered via the Pilbara
Pipeline System ex Port Hedland, from Western Australian natural gas production. Telfer’s
underground operation utilises an electric shaft hoist, reducing diesel intensity of Greatland’s
highest-grade ore sources.
• Telfer maintains significant surface stockpiles of 22Mt @ 0.36g/t Au & 0.05% Cu estimated at the
end of March 2026, equal to more than 12 months of mill feed.
Greatland currently expects full-year FY26 production around, or slightly above, the upper end of the
production guidance range of 260,000 – 310,000oz Au.
Greatland will release its full March 2026 Quarterly Activities Report later in the month of April 2026.
A webcast will be held on the same day, with details to be provided in due course.
This announcement is approved for release by Shaun Day, Greatland’s Managing Director.
1
Inclusive of 17,014oz Au and 854t Cu that Greatland received cash for in the previous December 2025 Quarter, as reported
in the December Quarterly Activities Report dated 28 January 2026.
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