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29METALS LIMITED Capital/Financing Update 2025

Sep 29, 2025

64253_rns_2025-09-29_8238e245-2c3d-4b0c-9e9b-497949752d98.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT

Tuesday, 30 September 2025

Golden Grove Update – Xantho Extended

29Metals Limited (‘ 29Metals ’ or, the ‘ Company ’) advises of a further seismic event within the Xantho Extended orebody at the Company’s Golden Grove mine site in Western Australia. Importantly, no injuries were reported.

The time required to reinstate ground support to impacted Xantho Extended production levels to access highgrade zinc ore, previously planned for the December quarter, is currently being assessed. Accordingly, full year guidance for zinc production is withdrawn. Alternate ore sources, with lower zinc grades, will be mined whilst access to Xantho Extended is restricted.

Production guidance for all other metals (copper, gold and silver) is maintained. An update will be provided in the September quarterly report, due to be released on 15 October 2025.

- ENDS -

Authorised for release by the Board of Directors of 29Metals Limited

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Kristian Stella