2023 keyresultsChair letter andCEO reportAbout29MetalsOurassetsSustainability& ESG ReportMineral Resourcesand Ore ReservesAnnualFinancial Report77Competent Persons StatementThe informa琀椀on regarding the 31 December 2023 Ore Reserves es琀椀mates for Capricorn Copper set out in this report is based on andfairly represents informa琀椀on and suppor琀椀ng documenta琀椀on compiled by Christopher Desoe, a Competent Person who is a Fellow of theAustralasian Ins琀椀tute of Mining and Metallurgy (AusIMM (CP) Membership No. 104206).Mr Desoe is a full-琀椀me employee of Australian Mine Design and Development Pty Ltd and has su昀케cient experience that is relevantto the style of mineralisa琀椀on and type of deposit under considera琀椀on and to the ac琀椀vity being undertaken to qualify as a CompetentPerson as de昀椀ned in the JORC Code.Mr Desoe consents to the inclusion of the informa琀椀on regarding the 31 December 2023 Ore Reserves es琀椀mates for Capricorn Copperin the form and context in which the es琀椀mates appear.Redhill Mineral Resources EstimatesThe Mineral Resources es琀椀mates for Redhill are set out in the table below. These Mineral Resources es琀椀mates were 昀椀rst reported ande昀昀ec琀椀ve on 16 May 2016. There have been no material changes to the Mineral Resources es琀椀mated for Redhill since 16 May 2016.No further 昀椀eld work was conducted at Redhill during 2023.JORC Code Table 1 disclosures for these es琀椀mates are set out in 29Metals’ December 2023 Mineral Resources and Ore Reserveses琀椀mates ASX release dated 23 February 2024.GradeContained MetalTonnesMtCu%Aug/tAgg/tCutAuozAgkoz2.30.34129,60110,4811,719DepositCategoryCris琀椀naInferred1.3AngelicaInferred0.61.50.4538,8407,382978GordaInferred0.40.61.6562,01818,210637Cu琀琀ersInferred0.33.00.1519,542612520FrancesesInferred1.71.20.11421,2493,124757TotalInferred4.31.70.33371,24939,8094,611Note:Es琀椀mates reported in the table above, other than silver, are subject to rounding to one decimal place. Es琀椀mates for silver are rounded to zero decimal places.Economic cut-off assumptionsThe following assump琀椀ons were applied in es琀椀ma琀椀on of the Redhill Mineral Resources:Cut-o昀昀 assump琀椀onsCut-o昀昀(% Cu)OrebodyCris琀椀na0.4Angelica0.4Gorda0.4Cu琀琀ers0.4Franceses0.4Commodity price for es琀椀matesPricing/FXUnitCopperUS$/lb3.00GoldUS$/oz1,300SilverUS$/oz22Competent Persons StatementThe 16 May 2016 Mineral Resources es琀椀mates for Redhill are based on and fairly represents informa琀椀on and suppor琀椀ngdocumenta琀椀on compiled by Tim Callaghan, a Competent Person who is a Member of the Australasian Ins琀椀tute of Mining andMetallurgy (AusIMM Membership No. 222210).Mr Callaghan is a full-琀椀me employee of Resource and Explora琀椀on Geology. Mr Callaghan has su昀케cient experience that is relevant tothe style of mineralisa琀椀on and type of deposit under considera琀椀on and to the ac琀椀vity being undertaken to qualify as a CompetentPerson as de昀椀ned in the JORC Code.Mr Callaghan consents to the inclusion of the informa琀椀on regarding the Redhill Mineral Resources es琀椀mates in the form and contextin which the es琀椀mates appear.
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