EMERALD RESOURCES NL — Board/Management Information 2024

Sep 15, 2024

ASX Announcement & Media Release

16 September 2024

ASX Code: EMR Shares on issue: 656,650,160 Market Cap: ~A$2.6 billion Cash: A$144.1m (US$95.5m) (30 Jun 2024) Bullion: A$18.2m (US$12.0m) (30 Jun 2024)

Board & Management

Jay Hughes, Non-Executive Chairman Morgan Hart, Managing Director Mick Evans, Executive Director Simon Lee AO, Non-Executive Director Ross Stanley, Non-Executive Director Billie Slott, Non-Executive Director Michael Bowen, Non-Executive Director Mark Clements, Company Secretary Bernie Cleary, Operations Manager Okvau Josh Redmond, Operations Manager DRGP Brett Dunnachie, Chief Corporate Officer Shannon Campbell, Chief Financial Officer

Company Highlights

Team

• Highly credentialed gold project operational and in-house development team;

• A proven history of building projects on time and on budget.

Gold Production

• Okvau Gold Mine commissioned on time on budget in 2021;

• 2024 production guidance achieved of 114koz gold production at AISC US$818/oz;

==> picture [195 x 46] intentionally omitted <==

Production Guidance Unchanged Following Minor Wall Slip

Emerald Resources NL (ASX: EMR) wishes to advise that there has been a minor wall slip at the Company’s 100% owned Okvau Gold Mine in Cambodia.

A small pit wall wedge failure occurred in the southwest of the Okvau open cut pit, affecting the access ramp at a relatively shallow depth. This area was already scheduled for a cutback in an updated mine plan. However the slip has necessitated advancing part of this work. Access to the pit is expected to be impacted for the next 21 days. There were no injuries or equipment damage and the affected area was secured without delay.

In the interim, ore will be sourced from existing stockpiles, ensuring that the quarterly production guidance of 25-30koz gold remains unaffected, with the grade maintained at approximately 2.0g/t. The AISC for the quarter may exceed the range of US$810880/oz due to increased waste mining in the cutback. However this will be offset at a future date by a commensurate reduction in earthmoving.

This ASX release was authorised on behalf of the Emerald Board by: Morgan Hart, Managing Director.

For further information please contact Emerald Resources NL

Morgan Hart Managing Director

Growth

• Significant exploration and resource growth potential in Cambodia:

• Okvau Gold Mine reserve expansion;

• o Memot Project (100%) maiden open pit inferred resource of 8MT @ 1.84g/t Au for 470koz (Updated Resource (interim) expected second half calendar 2024)

• 1,428km[2] of prospective tenure

• Significant exploration and resource growth potential in Australia:

• Dingo Range Gold Project located on the underexplored Dingo Range greenstone belt

• Resource expected second half calendar 2024

• 1,300km[2] of prospective tenure

• ESG

• Focussed on a net positive impact on near-mine environmental and social values by targeting strict compliance with corporate governance, international guidelines (IFC PS’s) and local laws by engaging and collaborating with all stakeholders.

• Commitment to carbon neutral operations in Cambodia

Registered Office 1110 Hay Street West Perth WA 6005

T: +61 8 9286 6300 F: +61 8 6243 0032

W: www.emeraldresources.com.au

==> picture [137 x 33] intentionally omitted <==

Forward Looking Statement

Certain statements contained in this document, including information as to the future financial or operating performance of the Company and its projects, are forward looking statements. Such forward looking statements involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company and which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. Forward looking statements are provided as a general guide only and should not be relied on as an indication or guarantee of future performance. Given these uncertainties, recipients are cautioned to not place undue reliance on any forward looking statement. Subject to any continuing obligations under applicable law, the Company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward looking statements in this document to reflect any change in expectations in relation to any forward looking statements or any change in events, conditions or circumstances on which any such statement is based.

No New Information

This document should be read in conjunction with Emerald’s other periodic and continuous disclosure announcements lodged with the ASX, which will be available on Emerald’s website.

The Company confirms that it is not aware of any new information as at the date of this announcement that materially affects the information included in this announcement and that all material assumptions and technical parameters underpinning the estimates in the Company’s previous announcements continue to apply and have not material changed.

Page 2 of 2