St George Mining Ltd Annual Report 2024

Notes to the Consolidated Financial Statements for the year ended 30 June 2024 4. ADMINISTRATION EXPENSES Administration expenses include the following expenses: CONSOLIDATED 30 June 2024 $ CONSOLIDATED 30 June 2023 $ Employee benefit expense Wages and salaries 1,127,400 621,914 Accrued leave (14,409) 21,478 Performance options 226,236 175,795 Defined contribution superannuation expense 204,794 69,695 1,544,021 888,882 Other administration costs Accounting and administration fees 1,000 2,592 Legal fees 32,127 57,359 Publications and subscriptions 250,493 119,062 Presentations and seminars 351,557 220,081 Rental expenses 87,831 57,190 Share registry costs 49,691 50,371 Travel expenses 270,996 305,289 ROU depreciation 98,794 95,679 Depreciation 12,511 16,371 Other 427,231 632,475 1,582,231 1,556,469 Total administration expenses 3,126,252 2,445,351 5. EXPLORATION EXPENDITURE WRITTEN OFF CONSOLIDATED 30 June 2024 $ CONSOLIDATED 30 June 2023 $ Exploration expenditure written off 4,289,884 7,011,519 Tenement acquisition costs 1,035,605 1,399,229 5,325,489 8,410,748 6. FINANCE EXPENSES CONSOLIDATED 30 June 2024 $ CONSOLIDATED 30 June 2023 $ Interest expense – – Lease interest 14,226 19,445 14,226 19,445 Refer to Note 11 for details in relation to the right of use asset and lease liability. 34 St George Mining Limited Annual Report 2024

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