Supporting Technical Assessments

GHD | Oceana Gold NZ Ltd | 12552081 | Geochemical Assessment Wharekirauponga Underground Mine (WAI985-000-REP-LC-0013) 4 GHD otherwise disclaims responsibility to any person other than Oceana Gold NZ Ltd arising in connection with this report. GHD also excludes implied warranties and conditions, to the extent legally permissible. The services undertaken by GHD in connection with preparing this report were limited to those specifically detailed in the report and are subject to the scope limitations set out in the report. The opinions, conclusions and any recommendations in this report are based on conditions encountered and information reviewed at the date of preparation of the report. GHD has no responsibility or obligation to update this report to account for events or changes occurring subsequent to the date that the report was prepared. The opinions, conclusions and any recommendations in this report are based on assumptions made by GHD described in this report (Section 1.4). GHD disclaims liability arising from any of the assumptions being incorrect. GHD has prepared this report on the basis of information provided by Oceana Gold NZ Ltd and others who provided information to GHD (including Government authorities)], which GHD has not independently verified or checked beyond the agreed scope of work. GHD does not accept liability in connection with such unverified information, including errors and omissions in the report which were caused by errors or omissions in that information. The opinions, conclusions and any recommendations in this report are based on information obtained from, and testing undertaken at or in connection with, specific sample points. Site conditions at other parts of the site may be different from the site conditions found at the specific sample points. Investigations undertaken in respect of this report are constrained by the particular site conditions, such as the location of buildings, services and vegetation. As a result, not all relevant site features and conditions may have been identified in this report. Site conditions (including the presence of hazardous substances and/or site contamination) may change after the date of this Report. GHD does not accept responsibility arising from, or in connection with, any change to the site conditions. GHD is also not responsible for updating this report if the site conditions change. 1.4 Assumptions Notwithstanding the assumptions outlined in the respective sections of this report, the following list of key assumptions are applicable to the assessment provided:  The current geochemical dataset is limited to samples taken from drill cores located in the vicinity of proposed Willows Access Tunnel and adjacent Willows Road Farm area and exploration drilling core material within the Wharekirauponga orebodies. It has been assumed that this dataset is representative of all spoil material.  Based on the assumption that all spoil material is acid-producing, it is assumed that the WRS is constructed in a manner that will limit oxidation (i.e., placed on low permeability material, placed in compacted lifts, amended with limestone).

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