Evolution Mining Limited has been actively responding to the COVID-19 virus currently impacting people and businesses globally. The health and safety of every person working at Evolution, their families and our communities remain paramount during this time.

Evolution has developed plans to minimise risks to people and ensure they can continue to safely produce gold during this challenging period. These plans include activation of crisis management protocols, suspending international travel, restricting domestic travel, reducing face-to-face interaction, increasing flexible working arrangements, regular COVID-19 communication with the entire workforce and ensuring best practice health management is maintained at all times.

There have not been any cases of an Evolution employee or contractor testing positive to COVID-19. Evolution continues to work closely with regulators and industry groups to ensure all operations are complying with agreed protocols and any changing needs.

To date, there has been no material impact on Evolution’s operations from the COVID-19 virus.

At Evolution’s 100% owned Australian operations, only Cracowhas a fly-in fly-out (FIFO) workforce. With97% of Cracow’s workforce residing in Queensland, cross-border travel restrictions have not impacted the operation.

In the absence of any material restrictions being enforced on the operations, Evolution maintains current FY20 Group guidance, excluding Red Lake Gold Mine(“Red Lake”), of around 725,000 ounces at an AISC of A$940 –A$990/oz.

About Evolution Mining

Evolution Mining is a leading, growth-focused Australian gold miner. Evolution operates six wholly-owned mines –Cowal in New South Wales, Cracow, Mt Carlton and Mt Rawdon 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 that will deliver 100% of future gold and 30% of future copper and silver produced from an agreed life of mine area. Outside of the life of mine area Evolution will have a 49% interest in future copper, gold and silver production.

Evolution has guided FY20 gold production, exclusive of Red Lake’s contribution, of around 725,000 ounces at an All-in Sustaining Cost of A$940 –A$990 per ounce. Red Lake gold production guidance for the June 2020 quarter is around 25,000 ounces.

Source: Evolution Mining