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(All figures in United States Dollars unless otherwise stated) The PEA establishes Aurora as a Large-Scale, Long-Life Copper-Molybdenum Asset; Deliberate Phased Development Approach Designed to Maximize Returns on Initial Capital and Preserve Potential Multi-Phase Underground Expansion Highlights Base case after-tax NPV8% of $2,703 M, after-tax IRR of 18.5%, and payback period of 5.2 years from start of production, at long-term commodity price assumptions of $4.90/lb copper, $25.40/lb molybdenum, and $45.30/oz silver. At spot prices as of August 26, 2026 ($6.47/lb copper, $33.57/lb molybdenum and $68.50/oz silver), a spot price sensitivity case generates an after-tax NPV8% of $4,812 M, after-tax IRR of 24.9%, and payback period of 3.8 years.
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