St Barbara

Over $50 million in contracts with Alva & MacGregors

Investing in home is what we do. And with the recent approval to restart operations at our Touquoy Gold Mine, we’ve awarded over $50M in contracts to two Nova Scotian companies: Alva Construction and MacGregors Industrial Sales. Together, they will help support the reopening of Touquoy and during the processing period. We’re pleased to see this investment helping to create new jobs and support economic growth in rural communities across the province.

Learn more: https://stbarbaragold.ca/news/over-50-million-in-contracts-signed-with-nova-scotian-companies-to-restart-touquoy-gold-mine/

St Barbara is proud to have received the President’s Award from the Mining Association of Nova Scotia acknowledging the Company’s contributions to the industry, benefits to local communities and continued progress on the Touquoy Restart project, reflecting significant strides toward responsible gold production in Nova Scotia.

Andrew Strelein, Managing Director and CEO, accepted the award on behalf of the team.

Thank you, Mining Association of Nova Scotia, for your recognition and support.

We are proud to share that St. Barbara has helped achieve the “Raise the Roof” fundraising goal for the Royal Canadian Legion – Branch #86 in Liscomb, Nova Scotia.

Led by Emma Tibbo, District 1 Councillor, the fundraiser will pay for the replacement of the Legion’s damaged roof, ensuring this vital building can continue to support our Veterans while serving as a hub for the local community.

We’re committed to making a difference in our local communities and honoured to contribute to a cause that brings people together while giving back to those who have given so much.

Our investment in extending production at the New Simberi Gold Project and re-starting Nova Scotia will bring in a new era for St Barbara – with gold production rising to 200,000oz per annum by 2031 at highly competitive costs.

In a production outlook released today, we outline our plan to take production from 48koz in FY27 to 191koz in FY30, compound annual growth of 59%.

We’re fully funded to meet the upcoming capital requirements to develop these projects, using A$504 million in cash and bullion and forecast operating cash flow from the Touquoy Restart and then the New Simberi Gold Project.

St Barbara’s future production is underpinned by long mine lives at the New Simberi Gold Project (14 years) and the Nova Scotia Projects (11+ years).

Our Managing Director and CEO Andrew Strelein said:

“St Barbara’s recent breakthroughs with the Mining Lease Extension and now FID on the New Simberi Gold Project, the permitting of the Touquoy Restart and the impressive results of the 15-Mile Processing Hub Project Pre-Feasibility Study set up the Company for an attractive gold production CAGR of 59% lifting attributable production to over 190koz in FY30 and more than 200koz in FY31.”

“The Lingbao transaction ensures the Company is fully funded for development of these projects based on existing cash of more than A$500 million and cashflow from remnant Simberi oxides and the Touquoy Restart. This has been an incredible effort by the entire team with support from our partners and the relationships established with regulators in each jurisdiction through perseverance and ongoing engagement.”

For more information, please see our ASX announcement here:

stbarbara.com.au

We want to wish Antigonish’s U-15 Major hockey team, The Novas, the best of luck at the AAA Atlantic Hockey Championship in Clarenville, Newfoundland this weekend. We are proud of our local talent and happy to support them in taking on the top teams in Atlantic Canada. Let’s go Nova Major Hockey Team!

Saint Mary’s University Engineering Scholarship Announcement

We are excited to announce a new four-year scholarship program to support students pursuing careers in resource engineering at Saint Mary’s University.

As part of our commitment to serving our community, we are investing $120,000 in local students and their futures, strengthening Nova Scotia’s natural resource industry and the communities that call those industries home.

St Barbara is proud to partner with to make these opportunities more inclusive and accessible, empowering the students of today, and the engineers of tomorrow.