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EMERALD RESOURCES NL Capital/Financing Update 2026

Apr 20, 2026

64849_rns_2026-04-20_8d64a1f4-5e02-4b43-934e-1fe4844d39d0.pdf

Capital/Financing Update

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ASX Announcement & Media Release

21 April 2026

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Exploration and Resource Drilling Update

Fast Facts

ASX Code: EMR Shares on issue: 660,645,844 Market Cap: ~A$4.3B Cash, Bullion & Listed Investments (Mar26) Cash: A$337.8M (US$231.2M) Bullion: A$39.2M (US$26.8M) Listed Investments: A$22.3M (US$15.3M)

Board & Management

Jay Hughes, Non-Executive Chairman Morgan Hart, Managing Director Mick Evans, Executive Director Ross Stanley, Non-Executive Director Billie Slott, Non-Executive Director Michael Bowen, Non-Executive Director Josh Redmond, Chief Operating Officer Mark Clements, Company Secretary Bernie Cleary, Operations Manager Cambodia

Brett Dunnachie, Chief Corporate Officer Shannon Campbell, Chief Financial Officer

Emerald Resources NL (ASX: EMR) (“ Emerald ” or “ Company” ) is pleased to provide an update on the Company’s infill and exploration drill programs at Emerald’s 100% owned Dingo Range Gold Project (Australia), Memot Gold Project, Okvau Gold Mine and its exploration tenure (Cambodia) during the quarter ended 31 March 2026 (“ Quarter ”).

Highlights of recent significant results include:

Dingo Range Gold Project, Western Australia (EMR: 100%)

  • Drilling programs focusing on resource infill, open pit extension and underground development potential at the Boundary/Neptune Deposits continued to confirm high-grade mineralisation both within and below the current open pit resource. Significant results during the Quarter include:

  • 45.0m @ 4.10g/t Au from 619.0m (RCDD25BDY266) including 18.53m @ 5.17g/t Au from 641m, 7.29m @ 5.32g/t Au from 628m and 3.45m @ 10.30g/t Au from 619m;

  • 15.0m @ 7.09g/t Au from 310.0m (RCDD23BDY119);

  • 27.1m @ 3.41g/t Au from 381.7m (RCDD23BDY119);

  • 4.18m @ 16.69g/t Au from 301.82m (RCDD23BDY100);

  • 0.35m @ 132.00g/t Au from 385.25m (RCDD22BDY019);

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;

  • ~495Koz gold produced project to date

Growth

  • Significant exploration and resource growth potential in Cambodia:

  • Okvau Gold Mine reserve expansion;

  • Memot Project (100%) open pit indicated and inferred resource of 45.0Mt @ 1.2g/t Au for 1.7Moz

  • 1,185km[2] of prospective tenure

  • Significant exploration and resource growth potential in Australia:

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

  • Dingo Range open pit measured, indicated and inferred resource of 40.9Mt @ 1.1g/t Au for 1.41Moz

  • 1,110km[2] of prospective tenure

  • 5.0m @ 8.63g/t Au from 399.0m (RCDD23BDY117); and

  • 1.0m @ 12.60g/t Au from 612.0m (RCDD25BDY266).

  • Infill and extensional drilling at the Freeman’s Find Deposit has also returned high-grade mineralisation with significant results including:

  • 13.0m @ 4.46g/t Au from 10.0m (RC26FMF240);

  • 2.0m @ 29.12g/t Au from 33.0m (RC26FMF257); and

  • 4.0m @ 4.57g/t Au from 192.0m (RC26FMF236).

  • Exploration completed since the January 2026 Mineral Resource Estimate has targeted both open pit extensions and underground potential.

Memot Gold Project, Cambodia (EMR:100%)

  • The near surface close spaced (12.5m by 25.0m), RC resource infill program has commenced, designed to give confidence in the reserve modifiers including ore loss and dilution;

  • Significant results from the program include:

  • 2m @ 50.29g/t Au from 40m (RC26MMT757);

  • 14m @ 3.37g/t Au from 1m (RC26MMT750);

  • 2m @ 19.76g/t Au from 9m (RC26MMT733);

  • 19m @ 1.94g/t Au from 41m (RC26MMT782);

  • 10m @ 3.41g/t Au from 33m (RC26MMT774);

  • 21m @ 1.50g/t Au from 21m (RC26MMT721);

  • 3m @ 10.01g/t Au from 24m (RC26MMT762);

  • 13m @ 2.18g/t Au from 2m (RC26MMT734);

ESG

  • Focussed on a net positive impact on nearmine 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

  • 2m @ 11.81g/t Au from 28m (RC26MMT761);

  • 23m @ 0.97g/t Au from 32m (RC26MMT775);

  • 12m @ 1.75g/t Au from 27m (RC26MMT773); and

  • 3m @ 6.54g/t Au from 47m (RC26MMT790).

Okvau Gold Mine, Cambodia (EMR:100%)

  • Underground and open pit extensional drilling at the Okvau Gold Mine continues to deliver significant gold mineralisation:

  • 3m @ 59.04g/t Au from 347m (RCDD25OKV811); and

  • 22m @ 1.86g/t Au from 448m (RCDD25OKV800).

T: +61 8 9286 6300 F: +61 8 6243 0032 W: www.emeraldresources.com.au

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Dingo Range Gold Project, Western Australia (EMR: 100%)

The Dingo Range Gold Project consists of 42 exploration licences (including two (2) applications) and four (4) mining licences covering the majority of the Dingo Range greenstone belt with 1,110km² of tenure (refer Figure 1) and has the potential to host multiple standalone deposits or satellite deposits to supply additional ore to a central milling location. The current Dingo Range Gold Project Resource extends over a 11.4km strike length and includes the Boundary, Neptune, Stirling, Hurley’s Reward, Bungarra, Great Northern and Freeman’s Find gold deposits.

Figure 1 | Dingo Range Tenement Map with the prospect locations

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The Dingo Range Gold Deposits, located within the Dingo Range greenstone belt of the Archaean Yilgarn Craton in Western Australia, lie in the Kurnalpi Terrane of the Eastern Goldfields Superterrane, one of the world's premier gold provinces. These deposits, hosted within the Dingo Range and Wonganoo Shear Zones, are structurally controlled, orogenic-style gold deposits. Mineralisation occurs in banded iron formations, mafic volcanic rocks, and intrusive bodies, with significant deformation and metamorphism shaping the volcanic and sedimentary sequences of the region.

Dingo Range

Historic drilling on the Dingo Range belt includes 1,079 drill holes, for a total of 119,008m including 46 diamond holes (7,863m), 1,026 RC drill holes (110,713m) and 7 shallow air core (‘AC’) collars (432m). Since commencing resource definition and exploration drilling in July 2022, Emerald has completed 1,941 drill holes for a total of 194,863m. This comprises 1,163 RC drill holes (149,674m), 38 diamond drill holes (5,183m), 117 RC holes with diamond tails (13,415m RC and 18,577m diamond), and 623 shallow AC collars (28,908m). Refer to Table 1 for previously announced significant intercepts.

One air core, two RC percussion drill rigs and one diamond drill rig are currently engaged on site, continuing resource and exploration drilling activities and investigating along strike and down dip extensions, as well as drilling other regional targets.

In January 2026 the Company announced an Indicated and Inferred Mineral Resource estimate of 40.9Mt at 1.1g/t Au with 1.41Moz (at a 0.45g/t Au cut-off grade), including higher grade resources of 24.2Mt at 1.4g/t Au for 1.12Moz (at a 0.7g/t Au cut-off grade), at the Dingo Range Gold Project, (refer ASX announcement dated 28 January 2026).

During the Quarter exploration focused on infill and extensional drilling at Boundary and Freeman’s Find and regional air core drilling along strike of the newly identified Stables Prospect. A total of 287 drill holes were completed for 22,872m, including 227 AC holes (11,631m), 50 RC holes (9,263m) and 10 diamond tails (1,798m). Recent results continue to demonstrate the continuity of mineralisation at the Boundary and Freeman’s Find deposits (refer Figures 2, 3, 4, 5, 7 and 8), as well as the potential of the new discovery at the Stables Prospect located 18.5km SE of Boundary deposit (refer Figures 9 and 10).

Page 2 of 37

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Figure 2 | Current drilling completed on Dingo Range greenstone belt plan view

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Boundary and Neptune Deposits Resource Extension Program

During the Quarter, the Company continued drill testing strike and depth extensions, including underground development potential, to mineralisation at the Boundary and Neptune Deposits. A total of 5,288m of RC drilling and 1,798m of diamond drilling was completed during the Quarter, with significant intercepts including:

  • 45.0m @ 4.10g/t Au from 619.0m (RCDD25BDY266) including 18.53m @ 5.17g/t Au from 641m, 7.29m @ 5.32g/t Au from 628m and 3.45m @ 10.30g/t Au from 619m;

  • 15.0m @ 7.09g/t Au from 310.0m (RCDD23BDY119);

  • 27.1m @ 3.41g/t Au from 381.7m (RCDD23BDY119);

  • 4.18m @ 16.69g/t Au from 301.82m (RCDD23BDY100);

  • 0.35m @ 132.00g/t Au from 385.25m (RCDD22BDY019);

  • 5.0m @ 8.63g/t Au from 399.0m (RCDD23BDY117);

  • 3.45m @ 10.23g/t Au from 351.15m (RCDD22BDY019);

  • 4.0m @ 6.08g/t Au from 112.0m (RC26BDY457);

  • 8.0m @ 2.92g/t Au from 204.0m (RC26BDY460);

  • 20.0m @ 1.04g/t Au from 267.0m (RCDD23BDY119);

  • 16.0m @ 1.20g/t Au from 418.0m (DDRE-BDRC079);

  • 13.0m @ 1.36g/t Au from 73.0m (RC25BDY387);

  • 12.0m @ 1.33g/t Au from 292.0m (RC26BDY461);

  • 11.85m @ 1.23g/t Au from 420.0m (RCDD22BDY019);

  • 0.48m @ 31.60g/t Au from 218.17m (RCDD23BDY119);

  • 1.0m @ 12.60g/t Au from 612.0m (RCDD25BDY266);

  • 1.0m @ 12.30g/t Au from 355.0m (RCDD23BDY117);

  • 4.0m @ 2.66g/t Au from 264.0m (RC26BDY467);

  • 2.0m @ 4.87g/t Au from 25.0m (RC25BDY380);

  • 12.0m @ 0.82g/t Au from 108.0m (RC26BDY459); and

  • 16.0m @ 0.62g/t Au from 176.0m (RC26BDY460).

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RCDD25BDY266 intersected high-grade mineralisation associated with intense quartz veining containing pyrite, pyrrhotite and visible gold, hosted within the upper portion of a steeply north-plunging intrusive, with this zone delivering several of the higher-grade intercepts at the Boundary Deposit. The hole was designed to test mineralisation approximately 200m vertically below the current Open Pit Mineral Resource, targeting potential underground resource extensions (refer Figures 4 and 5), and was completed as a wedge hole from a vertical RC pre-collar to a final downhole depth of 687m. The drilling was co-funded by the Western Australian Department of Mines, Petroleum and Exploration under the Exploration Incentive Scheme.

Figure 3 | Boundary and Neptune Deposit plan view with recent significant results in blue (refer Appendix One) and historical results in black

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Figure 4 | Boundary Deposit long section with block model from January 2026 Resource Estimate, displayed above 0.5g/t, along with recent significant results in blue (refer Appendix One) and historic results in black

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Figure 5 | Boundary Deposit cross section with block model from January 2026 Resource Estimate, displayed above 0.5g/t, along with recent significant results in blue (refer Appendix One) and historic results in black

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Further drilling is planned to continue investigating the underground potential of the Boundary and Neptune Deposits.

Figure 6 | Mineralised veins in Boundary diamond core. Quartz veining with pyrite, pyrrhotite and visible gold hosted within granodiorite. The left-hand photo highlights visible gold in RCDD25BDY266 at 647m, while the right-hand photo shows the core tray for RCDD25BDY266, including 18.53m @ 5.17g/t Au from 641m.

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Freeman’s Find Deposit Infill RC Drill Program

During the Quarter RC drilling at the Freeman’s Find Deposit focused on closer-spaced drilling on a 50 × 25m pattern (refer Figures 7 and 8). The program was designed to infill and test extensions to mineralisation associated with multiple stacked, sheared quartz vein sets developed proximal to a granodiorite intrusion within mafic volcanic and sedimentary lithologies.

During the Quarter, 27 RC collars for 3,861m were completed with all assay results received.

Significant results returned from Freeman’s Find Deposit during the reporting period include:

  • 13.0m @ 4.46g/t Au from 10.0m (RC26FMF240);

  • 2.0m @ 29.12g/t Au from 33.0m (RC26FMF257);

  • 4.0m @ 4.57g/t Au from 192.0m (RC26FMF236);

  • 2.0m @ 5.99g/t Au from 198.0m (RC25FMF191);

  • 7.0m @ 1.67g/t Au from 63.0m (RC25FMF224);

  • 5.0m @ 2.37g/t Au from 15.0m (RC26FMF252); and

  • 3.0m @ 3.19g/t Au from 141.0m (RC25FMF234).

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Figure 7 | Freeman’s Find Deposit plan view with recent significant results in blue (refer Appendix One) and historical results in black

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Figure 8 | Freeman’s Find Deposit cross section with block model from January 2026 Resource Estimate, displayed above 0.45g/t, along with recent significant results in blue (refer Appendix One) and historic results in black

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Infill and extensional drilling at Freeman’s Find will continue during the current quarter, with results to be incorporated into the ongoing Dingo Range Mineral Resource update and the forthcoming maiden mineral reserve estimate.

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Table 1 | Previously announced significant intercepts from the Dingo Range Gold Prospects

Boundary

  • 3.3m @ 111.79g/t Au from 214.7m (DDRE-BDRC017) ⁵ ;

  • 45m @ 6.07g/t Au from 73m (BDRC058)¹;

  • 27m @ 9.34g/t Au from 153m (BDRC035)¹;

  • 11.0m @ 16.25g/t Au from 208.0m (RC24BDY146) ⁷ ;

  • 48m @ 3.44g/t Au from 66m (WRC17)¹;

  • 47m @ 3.42g/t Au from 93m (BDRD0025)¹;

  • 5m @ 60.25g/t Au from 171m (WDDH8)¹

  • 30m @ 5.16g/t Au from 151m (WDDH10)¹;

  • 19m @ 7.89g/t Au from 58m (BRC1002)¹;

  • 109.8m @ 1.30g/t Au from 432.2m (RCDD23BDY064)[17] ;

  • 40m @ 3.17g/t Au from 55m (BDRD0022)¹;

  • 27m @ 4.53g/t Au from 62m (BDRC014)¹;

  • 21m @ 5.77g/t Au from 20m (RC25BDY417)[17] ;

  • 17m @ 6.77g/t Au from 83m (RC25BDY389)[17] ;

  • 30m @ 3.82g/t Au from 179m (BDRD0043)¹;

  • 27m @ 4.07g/t Au from 62m (BDRD0094)¹;

  • 23m @ 4.16g/t Au from 73m (BDRC061)¹;

  • 24m @ 3.88g/t Au from 20m (DRP176)¹;

  • 15.0m @ 5.91g/t Au from 291.0m (RCDD23BDY022)³;

  • 16.6m @ 5.27g/t Au from 202.0m (RCDD23BDY102) ⁵ ;

  • 20.0m @ 3.68g/t Au from 244.0m (RC23BDY081) ⁴ ;

  • 24.0m @ 3.04g/t Au from 64.0m (RC23BDY069) ⁴ ;

  • 8m @ 17.14g/t Au from 38m (BDRC060)¹;

  • 8m @ 16.24g/t Au from 336m (RCDD24BDY183)¹²;

  • 8m @ 15.69g/t Au from 51m (RC25BDY305);

  • 9m @ 13.55g/t Au from 42m (WDDH1)¹;

  • 9m @ 12.55g/t Au from 42m (WRC23)¹;

  • 34.0m @ 2.21g/t Au from 127.0m (DDRE-BDRC002)¹;

  • 10.0m @ 4.44g/t Au from 140.0m (DDRE-BDRC036)¹;

  • 9.15m @ 5.14g/t Au from 344.85m (RCDD24BDY146)¹²;

  • 7.1m @ 6.91g/t Au from 329.0m (RCDD22BDY001)³;

  • 8.9m @ 5.06g/t Au from 313.1m (RCDD23BDY059)³;

  • 7.0m @ 4.94g/t Au from 57.0m (RC23BDY103) ⁵ ;

  • 7.0m @ 4.64g/t Au from 390.0m (DDRE-BDRC035) ⁷ ;

  • 6.0m @ 8.01g/t Au from 356.0m (RCDD24BDY193) ⁸ ;

  • 6.0m @ 7.96g/t Au from 259.0m (RC23BDY121) ⁵ ;

  • 5.0m @ 7.32g/t Au from 203.0m (DD24BDY170) ⁸ ;

  • 5.0m @ 6.33g/t Au from 100.0m (RC22BDY016)²;

  • 4.0m @ 11.72g/t Au from 162.0m (RC23BDY100) ⁵ ;

  • 4.0m @ 11.42g/t Au from 92.0m (RC24BDY146) ⁷ ;

  • 4.0m @ 9.21g/t Au from 84.0m (RC23BDY121) ⁵ ;

  • 3.0m @ 30.36g/t Au from 283.0m (DDRE-BDRC035) ⁷ ;

  • 3.0m @ 19.09g/t Au from 121.0m (RC23BDY121) ⁵ ;

  • 3m @ 16.14g/t Au from 64m (RC25BDY243)¹²;

  • 2.0m @ 19.55g/t Au from 22.0m (RCDD24BDY201) ⁸ ;

  • 10.0m @ 3.37g/t Au from 202.0m (RC23BDY121) ⁵ ;

  • 13.0m @ 2.53g/t Au from 76.0m (RCDD22BDY001)¹;

  • 18.0m @ 2.43g/t Au from 271.0m (RC23BDY108) ⁵ ;

  • 8.0m @ 3.94g/t Au from 78.0m (RC23BDY077) ⁴ ;

  • 6m @ 3.00g/t Au from 126m (RC25BDY247)¹²;

  • 4.0m @ 7.54g/t Au from 231.0m (RC23BDY100) ⁵ ;

Neptune

  • 26m @ 6.95g/t Au from 40m (NPRD0039)[14] ;

  • 16m @ 10.10g/t Au from 63m (NPRD0026)[14] ;  16m @ 7.33g/t Au from 42m (RC25NPT243)[17] ;  25m @ 5.24g/t Au from 0m (NPGC0053)²;  17m @ 7.44g/t Au from 29m (NPRD0007)[14] ;  33m @ 3.82g/t Au from 37m (NPMD1019)²;  22m @ 4.87g/t Au from 17m (NPRD0056)²;  40m @ 2.98g/t Au from 14m (NPGC0025)²;  15m @ 6.60g/t Au from 67m (NPMD1007)²;  2.0m @ 72.00g/t Au from 109.0m (DDRE-NPRD0021)²;  9m @ 9.44g/t Au from 82m (NPRD0078)²;  9m @ 9.36g/t Au from 7m (NPGC0045)²;  6m @ 14.24g/t Au from 37m (NPGC0018)²;  3m @ 29.85g/t Au from 45m (NPMD1026)¹;  9.0m @ 7.35g/t Au from 59.0m (RCDD22NPT027)²;  12.0m @ 4.94g/t Au from 62.0m (RC22NPT003)¹;  19.0m @ 2.59g/t Au from 75.0m (RC24NPT132)[10] ;  12m @ 2.63g/t Au from 112m (RC24NPT127)¹²;  5.7m @ 4.50g/t Au from 99.0m (RCDD22NPT030)²;  37.5m @ 1.04g/t Au from 108.5m (DDRE-NPRD0061)²;  18.0m @ 1.80g/t Au from 11.0m (DDRE-NPGC0041)²;  15.0m @ 2.48g/t Au from 108.0m (RC22NPT004)¹;  14.0m @ 2.37g/t Au from 115.0m (RC22NPT020)²;  28.0m @ 1.11g/t Au from 96.0m (RC22NPT018)²;  32.0m @ 0.92g/t Au from 92.0m (RC22NPT006)¹;  4m @ 10.73g/t Au from 133m (RC25NPT160)¹²;  9.0m @ 6.29g/t Au from 74.0m (DDRE-NPRD0042)²;  9.0m @ 1.54g/t Au from 74.0m (RC24NPT126)[10] ;  22.0m @ 1.03g/t Au from 105.0m (RC24NPT126)[10] ;  11m @ 1.54g/t Au from 81m (RC24NPT146)¹²; Hurley’s Reward

  • 12m @ 3.30g/t Au from 13m (HRRD0020)¹;

  • 12m @ 2.77g/t Au from 47m (HRRD0050)¹;

  • 3m @ 9.00g/t Au from 62m (HRRD0062)¹;  9m @ 2.27g/t Au from 64m (HRRD0032)¹;

  • 20.0m @ 3.20g/t Au from 137.0m (RCDD24HUR020)²;

  • 11.0m @ 3.39g/t Au from 160.0m (RC23HUR014) ⁸;  17.0m @ 2.13g/t Au from 35.0m (RCDD23HUR001) ⁴. Bungarra

  • 14m @ 31.46g/t Au from 33m (LAVRD0126)¹;

  • 19m @ 13.41g/t Au from 32m (DRP495)¹;  17m @ 13.28g/t Au from 49m (LAVRD0132)¹;  5m @ 39.41g/t Au from 31m (LAVRD0133)¹;  9m @ 17.02g/t Au from 33m (BFRC13)¹;  6m @ 23.26g/t Au from 89m (LAVRD0054)¹;  14m @ 9.74g/t Au from 30m (LAVGW0003)¹;  9m @ 15.45g/t Au from 39m (LAVRD0142)¹;  9m @ 14.58g/t Au from 75m (LAVRD0054)¹;  6m @ 19.28g/t Au from 53m (LAVRD0135)¹;  6m @ 16.16g/t Au from 59m (LAVRD0156)¹;  8m @ 12.38g/t Au from 48m (LAVRD0054)¹; Page 7 of 37

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  • 49m @ 1.89g/t Au from 74m (BDRD0061)¹;

  • 45m @ 2.01g/t Au from 62m (BDRD0010)¹;  38.0m @ 1.65g/t Au from 56.0m (RC22BDY009)²;  43.0m @ 1.17g/t Au from 253.0m (RC23BDY065)³;  14m @ 1.58g/t Au from 262m (RCDD22BDY015)¹²;  24.0m @ 1.30g/t Au from 124.0m (DDRE-BDRC035)¹;  30.0m @ 1.01g/t Au from 238.0m (RC23BDY064)³;  13m @ 1.07g/t Au from 301m (RCDD24BDY146)¹². Great Northern

  • 11m @ 3.80g/t Au from 219m (RC24GRN045) ⁹ ;

  • 5.36m @ 3.71g/t Au from 217.64m (RCDD24GRN050)[10] ;  10m @ 2.64g/t Au from 26m (RC24GRN055) ⁹ ;  2m @ 9.71g/t Au from 66m (RC25GRN114)¹³;  3m @ 5.10g/t Au from 66m (RC25GRN106)¹³;  2m @ 6.32g/t Au from 35m (RC25GRN094)¹²;  7m @ 1.77g/t Au from 82m (RC25GRN112)¹³;  1m @ 28.30g/t Au from 57m (RC24GRN080)¹¹;

  • 1m @ 13.80g/t Au from 101m (RCDD24GRN070)¹¹;

  • 1m @ 9.34g/t Au from 137m (RC25GRN114)¹³;

  • 0.82m @ 36.30g/t Au from 267m (RCDD24GRN003)¹²;  0.5m @ 33.80g/t Au from 208m (RCDD24GRN018)¹¹. Stables

  • 15m @ 4.57g/t Au from 52m (RC25STB016)[15] ;

  • 19m @ 1.62g/t Au from 109m (RC25STB070)[16] ;

  • 14m @ 2.08g/t Au from 92m (RC25STB008)[15] ;

  • 2m @ 7.77g/t Au from 75m (RC25STB055)[16] ;

  • 4m @ 1.97g/t Au from 83m (RC25STB056)[16] ;

  • 2m @ 2.59g/t Au from 130m (RC25STB008) (EOH)[15] ;

  • 1m @ 3.37g/t Au from 93m (RC25STB017)[15] ;

  • 1m @ 2.99g/t Au from 22m (RC25STB016)[15] ;

  • 1m @ 2.96g/t Au from 10m (RC25STB037)[15] ;

  • 1m @ 2.65g/t Au from 0m (RC25STB046)[15] ;

  • 1m @ 2.10g/t Au from 0m (RC25STB003)[15] .

  • 3m @ 67.37g/t Au from 30m (BFRC15)¹;

  • 4m @ 23.78g/t Au from 49m (LAVGW0002)¹;

  • 4.0m @ 22.77g/t Au from 67.0m (RC24BGA034) ⁸

  • Freeman’s Find

  • 5m @ 20.61g/t Au from 33m (RC24FMF001) ⁶ ;

  • 1m @ 101g/t Au from 36m (RC24FMF001) ⁶ ;  5m @ 18.26g/t Au from 72m (RC25FMF212)[16] ;  21m @ 3.98g/t Au from 26m (RC24FMF009) ⁶ ;  1m @ 49.9g/t Au from 29m (RC24FMF009) ⁶ ;  2m @ 24.64g/t Au from 98m (RC25FMF135)¹²;  1m @ 43.2g/t Au from 3m (RC24FMF013) ⁶ ;  2.0m @ 15.09g/t Au from 15.0m (RC24FMF030) ⁸  4m @ 6.40g/t Au from 43m (RC25FMF202)[16] ;  6m @ 4.11g/t Au from 96m (RC25FMF191)[16] ;  6m @ 4.01g/t Au from 56m (RC25FMF233)[16] ;  6.0m @ 3.90g/t Au from 96.0m (RC24FMF024) ⁸ ;  20m @ 1.15g/t Au from 61m (RC25FMF189)[16] ;  2m @ 10.66g/t Au from 107m (RC25FMF227)[16] ;  3m @ 6.75g/t Au from 128m (RC25FMF227)[16] ;  6m @ 3.13g/t Au from 37m (RC25FMF133)¹²;  14m @ 1.29g/t Au from 17m (RC25FMF092)¹²;  4m @ 3.80g/t Au from 168m (RC25FMF086)¹²;  8m @ 1.84g/t Au from 23m (RC25FMF090)¹²;  1m @ 14.20g/t Au from 11m (RC25FMF115)¹²;  9m @ 1.46g/t Au from 74m (RC25FMF116)¹²;  2.0m @ 5.03g/t Au from 90.0m (RC24FMF034) ⁹. Stirling

  • 26m @ 5.83g/t Au from 33m (STRD0016)¹;

  • 38m @ 2.62g/t Au from 16m (SRC7)¹;  31m @ 2.75g/t Au from 35m (STRD0008)¹;  27m @ 2.30g/t Au from 59m (STRD0007)¹;  27m @ 2.25g/t Au from 31m (STRD0019)¹;  25.0m @ 1.87g/t Au from 40.0 m (RC23STI022) ⁵;  19.0m @ 2.45g/t Au from 72.0 m (RC23STI012) ⁴.

Refer ASX announcements dated: 7 October 2022¹; 31 January 2023²; 4 July 2023³; 30 October 2023 ⁴ ; 24 January 2024 ⁵ ; 18 March 2024 ⁶ ; 18 April 2024 ⁷ ; 29 July 2024 ⁸ ; 30 October 2024 ⁹ ; 23 December 2024[10] ; 28 January 2025¹¹; 24 April 2025¹²; 30 June 2025¹³; 5 July 2022[14] ; 7 October 2025[15] ; 27 January 2026[16] and 11 December 2025[17] .

Regional Drilling

In addition to RC exploration drilling, the Company continued an extensive air core (AC) drilling program targeting geochemical Au anomalies and geophysical targets along the Great Northern to Banjawarn structural corridor.

During the Quarter, 227 AC drill holes for 11,631m were completed on 1,600m spaced lines along strike of the recently discovered Stables Prospect (refer ASX announcements dated 7 October 2025 and 27 January 2026). Previous drilling has returned several significant RC intercepts including 15m @ 4.57g/t Au from 52m (RC25STB016), 19m @ 1.62g/t Au from 109m (RC25STB070) and 14m @ 2.08g/t Au from 92m (RC25STB008). Recent significant results from the Stables AC program include:

  • 11m @ 0.37g/t Au from 24m (AC26RAC860);

  • 8m @ 0.32g/t Au from 24m (AC26RAC849) (EOH);

  • 8m @ 0.20g/t Au from 107m (AC26RAC820); and

  • 2m @ 0.79g/t Au from 24m (AC26RAC870).

Page 8 of 37

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The gold-in-soil anomaly defining the Stables Prospect is interpreted to extend along strike to the southeast beneath transported alluvium and paleochannels. This style of transported regolith typically attenuates or obscures surface geochemical signatures, and as such, drill testing of geophysical targets represents the primary exploration methodology.

Results returned from the upper saprolite beneath the transported cover are consistent in both thickness and grade with mineralisation observed above the primary zone at the Stables Prospect. The shallow mineralisation intersected in AC26RAC849 is interpreted to occur along the same, or a sub-parallel, structure located approximately 1.6km along strike from previously reported significant RC intercepts (refer Figure 10).

Other significant intercepts are interpreted to represent previously unrecognised zones of potential mineralisation.

Other significant AC results received to date from previously untested geochemical anomalies near and along strike of Freeman’s Find, Great Northern (Gage Roads prospect) and Banjawarn include (refer Figure 9):

  • 7m @ 1.95g/t Au from 40m (AC25RAC538) - Freeman’s Find[1] ;

  • 2m @ 2.58g/t Au from 10m (AC25RAC598) - Gage Roads[2] ;

  • 2m @ 2.33g/t Au from 22m (AC25RAC463) (EOH) - Banjawarn[1] ;

  • 3m @ 1.66g/t Au from 4m (AC25RAC470) - Banjawarn[1] ;

  • 4m @ 1.28g/t Au from 20m (AC25RAC645) - Gage Roads[1] ;

  • 4m @ 0.59g/t Au from 8m (AC25RAC538) - Freeman’s Find[1] ; and

  • 4m @ 0.54g/t Au from 64m (AC25RAC599) - Gage Roads[1] .

Refer ASX announcements dated 27 January 2026[1] and Appendix One[2] .

These results warrant follow-up drilling to test for potential strike and depth extensions. Importantly, mineralisation remains open at depth and along strike across all Dingo Range deposits and prospects, highlighting the continued growth potential of the project.

Figure 9 | Plan view of current drilling completed on Dingo Range greenstone belt, showing regional AC drilling at Stables and Gage Roads results in blue (refer Appendix One) and historic results in black.

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Page 9 of 37

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Figure 10 | Stables Prospect plan view with recent significant results in blue (refer Appendix One) and historical results in black

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Exploration Activities – Cambodian Gold Projects

Emerald’s Cambodian tenure, which comprise of a combination of two (2) 100% owned mining licences, five (5) 100% owned exploration licences, and a further one (1) exploration licence subject to a joint venture agreement (with EMR earning majority ownership), cover a combined area of 1,085km².

During the Quarter, the Company advanced drilling activities targeting near-mine open pit supplementary feed and underground resource infill and extension at the Okvau Gold Mine, as well as close-spaced infill drilling at the Memot Gold Project.

Figure 11 | Cambodian Gold Project locations

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Page 10 of 37

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Memot Gold Project, Cambodia – (EMR: 100%)

In January 2026 the Company announced a Mineral Resource Estimate of 45.0Mt at 1.2g/t Au with 1.70Moz (at a 0.4g/t Au cut-off grade), including higher grade resources of 21.6Mt @ 1.8g/t Au for 1.24Moz (at a 0.9g/t Au cut-off grade), at the Memot Gold Project, (refer ASX announcement dated 21 January 2026).

During the Quarter all drilling activity was completed using RC drill rigs, totalling 226 collars for 11,550m. The Company continued an infill RC drilling program across the Memot resource. The close-spaced program, drilled predominantly on a 12.5m by 25m spacing, was aimed at defining grade control parameters, adding confidence to early access mining areas and helping to define reserve mining modifiers like ore loss percentage and dilution.

Infill drilling at Memot will continue during the current quarter, with results to be incorporated into the ongoing mineral resource update and the forthcoming maiden mineral reserve estimate.

Over 1,600 assays remain pending, with significant intercepts returned during the Quarter including:

  • 2m @ 50.29g/t Au from 40m (RC26MMT757)9m @ 1.53g/t Au from 48m (RC25MMT606)

  • 14m @ 3.37g/t Au from 1m (RC26MMT750)6m @ 2.25g/t Au from 28m (RC26MMT767)2m @ 19.76g/t Au from 9m (RC26MMT733)6m @ 2.26g/t Au from 31m (RC26MMT792)19m @ 1.94g/t Au from 41m (RC26MMT782)2m @ 7.19g/t Au from 46m (RC26MMT802)10m @ 3.41g/t Au from 33m (RC26MMT774)3m @ 4.18g/t Au from 20m (RC26MMT767)21m @ 1.50g/t Au from 21m (RC26MMT721)6m @ 2.20g/t Au from 22m (RC26MMT796)3m @ 10.01g/t Au from 24m (RC26MMT762)2m @ 6.22g/t Au from 26m (RC25MMT594)13m @ 2.18g/t Au from 2m (RC26MMT734)17m @ 0.73g/t Au from 24m (RC26MMT734) (EOH)2m @ 11.81g/t Au from 28m (RC26MMT761)4m @ 3.09g/t Au from 41m (RC26MMT763)23m @ 0.97g/t Au from 32m (RC26MMT775)7m @ 1.70g/t Au from 20m (RC26MMT777)12m @ 1.75g/t Au from 27m (RC26MMT773)2m @ 5.58g/t Au from 21m (RC26MMT628)3m @ 6.54g/t Au from 47m (RC26MMT790)4m @ 2.61g/t Au from 8m (RC25MMT604)2m @ 9.25g/t Au from 20m (RC25MMT621)4m @ 2.41g/t Au from 13m (RC25MMT618)11m @ 1.72g/t Au from 20m (RC26MMT737)10m @ 1.05g/t Au from 36m (RC26MMT730) (EOH)9m @ 2.14g/t Au from 50m (RC26MMT757)7m @ 1.48g/t Au from 42m (RC26MMT750)11m @ 1.76g/t Au from 34m (RC26MMT777)4m @ 2.13g/t Au from 0m (RC25MMT585)7m @ 2.54g/t Au from 7m (RC25MMT610)5m @ 1.73g/t Au from 12m (RC25MMT605)6m @ 3.01g/t Au from 53m (RC26MMT766) (EOH)5m @ 1.74g/t Au from 26m (RC25MMT610)2m @ 7.81g/t Au from 32m (RC25MMT626)3m @ 2.99g/t Au from 3m (RC25MMT617)8m @ 1.93g/t Au from 25m (RC26MMT726)3m @ 2.95g/t Au from 0m (RC26MMT690)12m @ 1.21g/t Au from 35m (RC26MMT765)2m @ 4.31g/t Au from 50m (RC26MMT733)

The Memot Deposit is predominantly hosted within a Cretaceous diorite intrusion emplaced into an upper Triassic metasedimentary sequence. Gold mineralisation is concentrated along a network of sub-parallel, shallow north-east dipping sulphide-rich veins (refer Figure 13 and 14). These veins are primarily hosted within the diorite intrusion but locally extend beyond the contact into the surrounding hornfelsed metasedimentary rocks. Mineralised veins typically comprise zones of highly sulphidic material ranging from approximately 0.3m to 3m in true width, with combinations of stacked veins having true widths in parts of +10m.

The current resource has an interpreted strike of 1,200m, a width of approximately 1,000m and to a depth of 700m below surface and remains open along strike and at depth.

Page 11 of 37

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Previously announced significant results include:

  • 6m @ 348.76g/t Au from 125m including 1m @ 2,090.00g/t Au from 130m (DD24MMT243) ⁶ ;

  • 9m @ 12.61g/t Au from 193m including 1m @ 64.50g/t Au from 197m (DD24MMT256) ⁷ ;

  • 5m @ 15.36g/t Au from 210m including 1m @ 67.40g/t Au from 214m (DD23MMT136) ⁴ ;

  • 15.2m @ 3.11g/t Au from 246.4m including 1m @ 29.9g/t Au from 252m (DD24MMT292) ⁷ ;

  • 14.8m @ 3.94g/t Au from 288.4m including 0.6m @ 58.10g/t Au from 292.4m (DD24MMT303) ⁸ ;

  • 31m @ 1.80g/t Au from 239m including 0.7m @ 21.80g/t Au from 257.6m (DD24MMT168) ⁶ ;

  • 12m @ 2.94g/t Au from 504m including 0.6m @ 48.10g/t Au from 515.4m (RCDD25MMT165)10;

  • 23.8m @ 1.47g/t Au from 197m (DD24MMT287) ⁷ ;

  • 10.5m @ 2.27g/t Au from 571.7m including 0.7m @ 29.20g/t Au from 575m (RCDD25MMT277)10;

  • 9.8m @ 2.24g/t Au from 162.2m (DD24MMT305) ⁸ ;

  • 8.4m @ 4.74g/t Au from 278.8m including 0.6m @ 28.10g/t Au from 278.8m (DD24MMT299) ⁷ ;

  • 7m @ 6.13g/t Au from 277m including 1m @ 40.00g/t Au from 277m (DD24MMT243) ⁶ ;

  • 7m @ 4.34g/t Au from 242m including 0.6m @ 43.4g/t Au from 246.4m (RCDD24MMT237) ⁹ ;

  • 0.6m @ 48.60g/t Au from 649m (RCDD25MMT237)12;

  • 5.4m @ 4.92g/t Au from 520.4m (RCDD25MMT265)12;

  • 3.6m @ 7.17g/t Au from 585.6m (DD25MMT426)12;

  • 5.8m @ 4.22g/t Au from 457.2m including 0.6m @ 24.30g/t Au from 457.2m (RCDD25MMT165)10;

  • 5.2m @ 4.60g/t Au from 152.6m (RCDD24MMT034) ⁸ ;

  • 5.2m @ 2.11g/t Au from 527.6m (RCDD25MMT277)10;

  • 4m @ 13.49g/t Au from 63m including 2m @ 26.31g/t Au from 63m (RCDD24MMT158) ⁵ ;

  • 4m @ 8.06g/t Au from 151m including 1m @ 19.90g/t Au from 154m and 1m @ 12.30g/t Au from 151m (DD22MMT080W)²;

  • 3.6m @ 5.61g/t Au from 118.6m (DD24MMT313) ⁸ ;

  • 3.2m @ 11.11g/t Au from 120.8m including 0.6m @ 57.60g/t Au from 120.8m (DD24MMT311) ⁸ ;

  • 3.2m @ 8.06g/t Au from 151.4m (DD24MMT344) ⁹ ;

  • 3m @ 13.95g/t Au from 72m including 1m @ 36.40g/t Au from 73m (RCDD24MMT159) ⁵ ;

  • 3m @ 9.44g/t Au from 124m including 0.8m @ 30.90g/t Au from 126.2m (DD25MMT365)¹ ⁰ ;

  • 3m @ 5.13g/t Au from 595.4m (RCDD25MMT197)¹ ⁰ ;

  • 2.5m @ 20.67g/t Au from 134.5m (DD24MMT200) ⁶ ;

  • 2.4m @ 11.31g/t Au from 384m including 0.6m @ 42.20g/t Au from 384m (DD24MMT303) ⁸ ;

  • 2m @ 23.29g/t Au from 131m (DD23MMT090)³;

  • 2m @ 20.63g/t Au from 21m (RC24MMT197) ⁶ ;

  • 2m @ 16.33g/t Au from 355m (RCDD24MMT151) ⁶ ;

  • 1.8m @ 14.10g/t Au from 299.2m (DD24MMT343) ⁹ ;

  • 1.5m @ 27.00g/t Au from 206.2m (RCDD24MMT269) ⁷

  • 1.1m @ 44.30g/t Au from 214m (DD24MMT219) ⁷ ;

  • 1.1m @ 33.30g/t Au from 288m (RCDD24MMT197) ⁷ ;

  • 1m @ 46.00g/t Au from 135m (DD24MMT188) ⁶ ;

  • 1m @ 38.70g/t Au from 280.8m (DD24MMT290) ⁷ ;

  • 1m @ 37.20g/t Au from 33m (DD21MMT005)¹;

  • 1m @ 35.70g/t Au from 264m (RCDD24MMT235) ⁹

  • 1m @ 35.10g/t Au from 131m (DD24MMT279) ⁷ ;

  • 1m @ 33.60g/t Au from 162m (DD24MMT192) ⁶ ;

  • 1.6m @ 14.14g/t Au from 215.4m (DD25MMT437)12;

  • 1m @ 32.60g/t Au from 226m (RCDD24MMT172) ⁷ ;

  • 0.8m @ 63.30g/t Au from 99m (DD24MMT298) ⁷ ;

  • 0.8m @ 39.10g/t Au from 15.6m (DD24MMT321) ⁸ ;

  • 0.8m @ 31.20g/t Au from 325.6m (DD24MMT315) ⁸ ;

  • 0.8m @ 28.30g/t Au from 198.8m (DD25MMT379)10;

  • 0.6m @ 85.80g/t Au from 571m (DD25MMT280)10;

  • 0.6m @ 38.00g/t Au from 170.2m (DD24MMT309) ⁸ ;

  • 0.6m @ 36.20g/t Au from 207.6m (DD24MMT303) ⁸ ;  19m @ 1.12g/t Au from 477m (RCDD25MMT246)12;

  • 0.6m @ 24.60g/t Au from 339.6m (DD25MMT406)¹¹;

  • 0.6m @ 21.40g/t Au from 296m (DD25MMT385)¹¹;

  • 0.6m @ 21.00g/t Au from 491m (DD25MMT397)¹¹;

  • 0.6m @ 18.00g/t Au from 432.4m (RCDD25MMT165)10;

  • 0.6m @ 24.30g/t Au from 515.8m (DD25MMT373)¹ ⁰ ;

  • 1m @ 21.10g/t Au from 168.3m (DD25MMT372)¹¹;

  • 1m @ 13.75g/t Au from 439.4m (RCDD25MMT197)¹ ⁰

  • 1m @ 13.35g/t Au from 94m (DD24MMT363)¹ ⁰ ;  1m @ 10.55g/t Au from 306m (DD24MMT347)¹ ⁰ ;

  • 4m @ 5.23g/t Au from 364.4m (DD25MMT399)¹¹;

  • 11m @ 1.20g/t Au from 572m (RCDD25MMT197)¹ ⁰

  • 11m @ 1.17g/t Au from 564.4m (RCDD25MMT165)¹ ⁰

Page 12 of 37

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Figure 12 | Mineralised veins in Memot diamond core. Quartz veining with Pyrite, Arsenopyrite, Pyrrhotite, Chalcopyrite and Sphalerite sulphides. In order from left hand side photos: DD24MMT243 - 1m @ 2,090.00g/t Au from 130m. Right hand side top to bottom DD21MMT001 - 1m @ 8.91g/t Au, 2.16% Cu from 48m, DD22MMT013 - 0.4m @ 17.70g/t Au, 230g/t Ag, 2.78% Cu, 0.56% Pb and 1.74% Zn from 190m and DD21MMT006 – 1m @ 25.4g/t Au, 73g/t Ag, 1.81% Cu, 0.1% Zn

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Figure 13 | Memot recent drill collars and significant intersections returned in the reporting period (blue – refer Appendix Three) and previously announced (black - refer ASX announcements dated 30 October 2023, 4 July 2023, 29 July 2024, 30 October 2024, 13 December 2024, 24 April 2025 and 30 June 2025, 7 October 2025 and 27 January 2026)

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Page 13 of 37

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Figure 14 | Long section of the Memot resource with previously announced significant intercepts (black – refer 28 April 2023, 29 July 2024, 30 October 2024, 13 December 2024 and 11 December 2025) and recent significant intercepts (blue refer – Appendix Three)

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Okvau Gold Mine, Cambodia (EMR: 100%)

During the Quarter, Emerald continued a drill program with the primary focus to infill and extend the current (June 2025) open pit resource and underground resource mineralisation (refer ASX announcement dated 27 August 2025). Drilling targeted mineralisation proximal to the northeastern aspect (Stage 7) of the reserve pit shell, significant results returned to date include:

  • 11m @ 8.40g/t Au from 91m (RC24OKV644)¹;

  • 8m @ 5.79g/t Au from 79m (DD24OKV589)²;

  • 7m @ 6.48g/t Au from 35m (RC24OKV642)¹;

  • 9m @ 5.14g/t Au from 252m (RCDD24OKV645)²;

  • 21m @ 1.98g/t Au from 60m (RC24OKV682)²;

  • 3m @ 59.04g/t Au from 347m (RCDD25OKV811)³;

  • 21m @ 1.86g/t Au from 81m (RC24OKV678)²;

  • 5.1m @ 5.51g/t Au from 71m (RCDD24OKV637)¹;

  • 5m @ 6.21g/t Au from 322m (RCDD24OKV646)²;

  • 8m @ 3.02g/t Au from 66m (DD24OKV589)¹;

  • 22m @ 1.86g/t Au from 448m (RCDD25OKV800)³;

  • 3m @ 11.43g/t Au from 42m (RC24OKV675)²;

Refer ASX announcements dated 30 October 2024¹ and 28 January 2025[2] and Appendix Two[3]

During the Quarter, Emerald completed 30 drill collars for 5,319m, eight of which were RC for 1,137m, six RC pre-collars drilled for 762m and 14 diamond core tails for 3,420m.

The mineralisation is associated with massive pyrrhotite, arsenopyrite and pyrite stacked sulphide vein sets hosted in both diorite and hornfels sedimentary lithologies.

The significant intercepts listed above are outside the existing resource, likely to extend the known mineralisation, or have been intercepted in areas that previous modelling has indicated to be mineralised, enhancing confidence in the current open pit resource and underground resource (refer Figures 15, 16 and 17). Over 1,000 assays remaining pending.

Page 14 of 37

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Figure 15 | Okvau Gold Project recent drill collars and significant intersections returned in the reporting period (blue – refer Appendix Three) and previously announced (black - refer ASX announcements dated 30 October 2023, 4 July 2023, 29 July 2024, 30 October 2024, 13 December 2024, 24 April 2025 and 30 June 2025, 7 October 2025 and 27 January 2026)

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Figure 16 | Cross section of the Okvau Open Pit and Underground resources with previously announced significant intercepts (black - refer 21 July 2014, 30 October 2024, 28 January 2025 and 24 April 2025) and recent significant intercepts (blue refer – Appendix Three)

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Page 15 of 37

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Figure 17 | Long section of the Okvau Open Pit and Underground resources with previously announced significant intercepts (black - refer 29 July 2024, 30 October 2024, 13 December 2024, 28 January 2025, 24 April 2025, 30 June 2025 and 7 October 2025) and significant intercepts from the current reporting period (blue refer – Appendix Three)

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Okvau Gold Mine and Near Mine Okvau EL Prospects (Okvau North, O Rman, O Put, Rhau and Prey Sror Lao), Cambodia (EMR: 100%)

The work during the Quarter comprised 115 collars for 14,227m of RC drilling, targeting near mine prospects including 40 collars for 5,235m at Okvau North, 24 collars for 3,038m at O Rman, 34 collars for 4,374m at O Put, 14 collars for 1,426m at Rhau and 3 collars for 154m at Prey Sror Lao located within 10kms of the Okvau Gold Mine.

During the Quarter, the Company continued drilling at near-mine prospects to support potential supplementary feed to the Okvau Gold Mine (refer Figure 18). The most advanced prospects, Okvau North and Granite Hill, have a combined 48,001m of drilling completed on a 50m by 25m grid. Both prospects are currently undergoing resource estimation and preliminary economic and mine design assessments.

On the Prey Sror Lao, O Rman and O Put prospects reconnaissance drilling (approximately 100m x 25m drill grids) has commenced and is ongoing. Over 2,800 results from this program remain pending.

Significant intercepts returned to date across all Okvau Near mine prospects include:

  • 8m @ 19.21g/t Au from 20m including 3m @ 49.81g/t Au from 21m (RC10OKV048)¹ – Okvau North

  • 2m @ 34.58g/t Au from 50m (RC25GRH017)– Granite Hill

  • 13.6m @ 5.08g/t Au from 54m (DD25OKV740)– Okvau North

  • 7m @ 8.15g/t Au from 72m (RC25GRH189)– Granite Hill

  • 21m @ 2.14g/t Au from 8m (RC25GRH138)– Granite Hill

  • 6m @ 7.34g/t Au from 234m (RCDD25OKV776)– Okvau North

  • 6.8m @ 5.87g/t Au from 26m including 2m @ 14.53g/t Au from 30m (DD24OKV737)– Okvau North

  • 39.5m @ 0.99g/t Au from 9.5m (DD25OKA042)– Okapai

  • 4m @ 9.58g/t Au from 29m (RC24OKV634)³ – Okvau North

  • 22m @ 1.56g/t Au from 8m (RC25GRH138)– Granite Hill

  • 3m @ 10.53g/t Au from 55m (RC24OKV601)³ – Okvau North

  • 14m @ 2.15g/t Au from 16m (RC25GRH046)– Granite Hill

  • 1m @ 26.70g/t Au from 91m (RC25GRH021)– Granite Hill

  • 5m @ 3.83g/t Au from 53m (RC25GRH211)– Granite Hill

  • 2m @ 9.39g/t Au from 57m (RC25OKN029)– Okvau North

  • 5m @ 3.71g/t Au from 55m (DD25OKV738)– Okvau North4m @ 2.19g/t Au from 27m (RC25GRH173)– Granite Hill

  • 2m @ 9.15g/t Au from 17m (RC17ORM007)³ – O Rman

  • 3m @ 6.06g/t Au from 47m (RC25GRH083)– Granite Hill

  • 2m @ 9.00g/t Au from 84m (RC25GRH166)– Granite Hill

  • 11m @ 1.60g/t Au from 98m (RC25GRH199)– Granite Hill

  • 1m @ 17.45g/t Au from 163m (RC25GRH065)– Granite Hill

  • 8m @ 1.97g/t Au from 47m (RC25GRH138)– Granite Hill

  • 4m @ 3.79g/t Au from 39m (RC25GRH023)– Granite Hill

  • 7m @ 2.34g/t Au from 125m (RC25GRH036)– Granite Hill

  • 3m @ 2.87g/t Au from 88m (RC25GRH099)– Granite Hill

Page 16 of 37

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  • 4m @ 5.98g/t Au from 65m (RC24PSL035)³ – Prey Sror Lao

  • 9m @ 1.23g/t Au from 66m (RC25GRH139)– Granite Hill

  • 3m @ 7.68g/t Au from 64m (RC23OKV462)¹ – Okvau North

  • 2m @ 10.63g/t Au from 92m (RC23OKV476)² – Okvau North

  • 8m @ 3.49g/t Au from 50m (RC25GRH171)– Granite Hill

  • 10m @ 1.06g/t Au from 43m (RC25GRH141)– Granite Hill

  • 9m @ 1.23g/t Au from 110m (RC25GRH117)– Granite Hill

  • 5m @ 4.25g/t Au from 20m (RC25OKN020)– Okvau North

  • 1m @ 14.75g/t Au from 144m (RC24OKV634)³ – Okvau North

  • 1m @ 11.60g/t Au from 129m (RC25GRH168)– Granite Hill4m @ 3.09g/t Au from 20m (RC25OKV750)– Okvau North4m @ 3.17g/t Au from 160m (RC26MAS004)– Masawasi

  • 1m @ 8.66g/t Au from 111m (RC25GRH147)– Granite Hill

  • 6m @ 1.39g/t Au from 25m (RC25GRH115)– Granite Hill1m @ 7.34g/t Au from 4m (RC25GRH189)– Granite Hill6m @ 1.13g/t Au from 69m (RC25GRH194)– Granite Hill

Refer ASX announcements dated 4 July 2023¹, 30 October 2023², 18 April 2024³, 30 June 2025 ⁴ , 7 October 2025 ⁵ , 27 January 2026 ⁶, 10 April 2026 and ⁷ Appendix Two .

Mineralisation at the Granite Hill Prospect is primarily hosted within a granitoid intrusion and is associated with quartz veining and sulphide assemblages dominated by arsenopyrite, chalcopyrite, pyrrhotite and pyrite. Mineralisation at the Okvau North Prospect has been interpreted as skarn style mineralisation developed within limestone, characterised by massive sulphide replacement dominated by pyrrhotite. Mineralisation at the remaining prospects is interpreted to be similar to the Okvau style mineralisation, comprising arsenopyrite, pyrrhotite and pyrite sulphide veining associated with intrusive bodies and the surrounding hornfelsed metasedimentary rocks.

The Company has another 8,000m of RC drilling planned across the previously poorly tested prospects Prey Phnong, Area 5 and Area 6 prospects to follow up significant intercepts such as 2m @ 6.17g/t Au from 39m (RC13PTE008) and 1m @ 7.62g/t Au from 43m (RC13PTE011). Both programs are expected to commence in the near term.

Figure 18 | Plan view of significant drill intersections from Okvau Gold Mine Near Mine Prospects including Granite Hill, Okvau North, Prey Sror Lao, Masawasi and O Rman (recent results are highlighted in blue refer Appendix Three) (black highlights refer ASX announcements dated 30 October 2024, 28 January 2025 and 23 April 2025, 30 June 2025, 7 October 2025 and 27 January 2026)

==> picture [537 x 303] intentionally omitted <==

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

Page 17 of 37

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About Emerald Resources NL

Overview

Emerald is a developer and explorer of gold projects. Emerald’s Okvau Gold Project in Cambodia was commissioned in June 2021 and in full production by September 2021. Emerald has now poured over 495,000 ounces of gold from its operations.

Emerald has significant exploration and resource growth potential in Cambodia through its holdings in a number of other projects which are made up of a combination of granted mining and exploration licences (100% owned by Emerald) and interests in joint venture agreements. Together, Emerald’s interests in its Cambodian Projects covers a combined area of 1,085km².

Emerald has significant exploration and resource growth potential in Australia with its highly prospective Western Australian Dingo Range Gold Project which covers 1,110km² of the entire Dingo Range greenstone belt.

Emerald has a highly experienced management team, undoubtedly one of the best credentialed gold development teams in Australia with a proven history of developing projects successfully, quickly and cost effectively. They are a team of highly competent mining engineers and geologists who have overseen the successful development of gold projects in developing countries such as the Bonikro Gold Project in Cote d’Ivoire for Equigold NL, Moolart Well, Garden Well and Rosemont Gold Projects with Regis Resources Limited, and more recently the Okvau Gold Mine in Cambodia.

Table 2 | Emerald Global Ore Resource Estimate – Okvau as of June 2025 (refer ASX announcement dated 27 August 2025), Memot as of January 2026 (refer ASX announcement dated 21 January 2026) and Dingo Range as of January 2026 (refer ASX announcement dated 28 January 2026)

Measured Resources Indicated Resources Inferred Resources Total Resources
Resource Cut
Off
Tonnage
Grade
Contained
Tonnage
Grade
Contained
Tonnage
Grade
Contained
Tonnage
Grade
Contained
Type Au g/t (Mt)
(g/t Au)
Au (Koz)
(Mt)
(g/t Au)
Au (Koz)
(Mt)
(g/t Au)
Au (Koz)
(Mt)
(g/t Au)
Au (Koz)
Okvau
(CMB)
0.50 3.7
0.7
90
10.5
2.0
680
1.2
5.0
190
15.4
1.9
960
Memot
(CMB)
0.40 -
-
-
31.0
1.2
1,200
14.0
1.1
500
45.0
1.2
1,700
Dingo Range
(AUS)
0.45 0.2
0.9
10
25.1
1.1
910
15.6
1.0
490
40.9
1.1
1,410
Total 3.9
0.7
90
66.5
1.3
2,790
30.8
1.2
1,180
101.2
1.2
4,060

The above data has been rounded to the nearest 100,000 tonnes, 0.1g/t gold grade and 10,000 ounces. Errors of summation may occur due to rounding.

Table 3 | Okvau Mineral Resource Estimate – June 2025 (refer ASX announcement dated 27 August 2025)

Measured Resources Indicated Resources Inferred Resources Total Resources
Resource Cut
Off
Tonnage
Grade
Contained
Tonnage
Grade
Contained
Tonnage
Grade
Contained
Tonnage
Grade
Contained
Type Au g/t (Mt)
(g/t Au)
Au (Koz)
(Mt)
(g/t Au)
Au (Koz)
(Mt)
(g/t Au)
Au (Koz)
(Mt)
(g/t Au)
Au (Koz)
Stockpiles 0.5 3.7
0.7
90
-
-
-
-
-
-
3.7
0.7
90
Open Pit 0.5 -
-
-
9.9
1.8
560
0.1
1.1
-
9.9
1.8
560
Underground 3.0 -
-
-
0.6
6.1
120
1.1
5.2
190
1.7
5.5
310
Total 3.7
0.7
90
10.5
2.0
680
1.2
5.0
190
15.4
1.9
960

The above data has been rounded to the nearest 100,000 tonnes, 0.1g/t gold grade and 10,000 ounces. Errors of summation may occur due to rounding.

Table 4 | Okvau Ore Reserve Estimate – June 2025 (refer ASX announcement dated 27 August 2025)

Resources Tonnage Grade Contained
Type (Mt) (g/t Au) Au (Koz)
Proven 3.7 0.7 90
Probable 9.9 1.8 560
Total 13.6 1.5 650
The above data has been rounded to the nearest 100,000 tonnes, 0.1g/t gold grade and 10,000 ounces. Errors of summation may occur due to rounding

Page 18 of 37

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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.

Competent Persons Statements

The information in this report that relates to Dingo Range Exploration and Drill Results (Appendix One) and Cambodian Recent Drilling (Appendix Three) is based on information compiled by Mr Keith King, who is an employee to the Company and who is a Member of The Australasian Institute of Mining & Metallurgy. Mr Keith King has sufficient experience which is relevant to the style of mineralisation and type of deposits under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Keith King has reviewed the contents of this release and consents to the inclusion in this announcement of all technical statements based on his information in the form and context in which it appears. Mr King has reviewed the contents of this news release and consents to the inclusion in this announcement of all technical statements based on his information in the form and context in which it appears.

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. To the extent that announcement contains references to prior exploration results and Mineral Resource and Ore Reserve estimates, which have been cross referenced to previous market announcements made by the Company, unless explicitly stated, no new material information is contained. The Company confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcements and, in the case of estimates of Mineral Resources and Ore Reserves that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. This document contains information extracted from the following ASX market announcements:

  • High Grade Drilling Results, Okvau, Cambodia dated 24 July 2014;

  • Okvau Project and Drilling Update dated 29 July 2016;

  • Quarterly Activities Report dated 28 April 2017;

  • Quarterly Activities Report dated 26 July 2017;

  • Quarterly Activities Report dated 29 January 2021;

  • Exploration Results Continue to Demonstrate Strong Potential dated 29 July 2022;

  • Significant Gold Exploration Results at Okvau and Bullseye dated 7 October 2022

  • Significant Gold Exploration Results at Bullseye and Memot dated 31 January 2023;

  • Significant Exploration Results Continue at EMR Prospects dated 28 April 2023;

  • Significant Exploration Results Continue at EMR Prospects dated 4 July 2023;

  • Okvau Mineral Resource and Ore Reserve Update dated 31 August 2023;

  • Significant Exploration Results Continue at EMR Prospects dated 30 October 2023;

  • Significant Exploration Results Continue at EMR Prospects dated 24 January 2024;

  • Significant Exploration Results Continue at EMR Prospects dated 18 April 2024;

  • Significant Exploration Results Continue at EMR Prospects dated 29 July 2024;

  • EMR Continues Exploration Success in Australia and Cambodia dated 30 October 2024;

  • Memot Gold Project Resource Increases by 120% to 1.03Moz dated 13 December 2024;

  • Maiden Gold Resource of 1.01Moz at Dingo Range Gold Project dated 24 December 2024;

  • Emerald Continues Exploration Success in Australia and Cambodia dated 28 January 2025;

  • Okvau Gold Mine Ore Reserve Increased by 245Koz dated 10 February 2025;

  • Exploration and Resource Drilling Update dated 24 April 2025;

  • Exploration and Resource Drilling Update dated 30 June 2025;

  • Significant Resource Growth at Memot and Dingo Range dated 23 July 2025;

  • Annual Report dated 27 August 2025;

  • Exploration and Resource Drilling Update dated 7 October 2025;

  • Resource Drilling Update dated 11 December 2025;

  • Memot Gold Project Grows to 1.7Moz dated 21 January 2026;

  • Exploration and Resource Drilling Update dated 27 January 2026; and

  • Mineral Resource Update to Support Dingo Range Development dated 28 January 2026.

Page 19 of 37

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Appendix One | New Drill Results from Recent Drilling at Boundary and Freeman’s Find Prospects and Regional air core drilling (>2 gram metre Au)

Prospect Hole Name Easting Northing RL Azi Dip End Depth
(m)
From
(m)
To (m) Interval
(m)
Gold
g/t
Boundary RCDD25BDY266 344,920 6,972,101 492 300 -90 687 619 664 45.0 4.10
including 641 659.53 18.53 5.17
including 628 635.29 7.3 5.32
including 619 622.45 3.5 10.30
Boundary RCDD23BDY119 345,254 6,971,948 494 272 -61 429 310 325 15.0 7.09
Boundary RCDD23BDY119 345,254 6,971,948 494 272 -61 429 381.73 408.86 27.1 3.41
Boundary RCDD23BDY100 345,340 6,971,988 495 272 -59 498 301.82 306 4.2 16.69
Freeman's Find RC26FMF240 347,563 6,963,792 486 273 -61 210 10 23 13.0 4.47
Freeman's Find RC26FMF257 347,610 6,963,489 486 274 -59 120 33 35 2.0 29.12
Boundary RCDD22BDY019 345,302 6,972,044 494 266 -61 609 385.25 385.6 0.4 132.00
Boundary RCDD23BDY117 345,226 6,971,969 494 267 -61 468 399 404 5.0 8.63
Boundary RCDD22BDY019 345,302 6,972,044 494 266 -61 609 351.15 354.6 3.5 10.23
Boundary RC26BDY457 345,346 6,972,026 492 270 -60 152 112 116 4.0 6.08
Boundary RC26BDY460 345,408 6,972,021 496 263 -60 246 204 212 8.0 2.92
Boundary RCDD23BDY119 345,254 6,971,948 494 272 -61 429 267 287 20.0 1.04
Boundary DDRE-BDRC079 345,568 6,972,066 499 264 -60 514 418 434 16.0 1.20
Boundary RC25BDY387 345,259 6,971,851 494 270 -62 120 73 86 13.0 1.37
Freeman's Find RC26FMF236 347,546 6,964,069 487 276 -60 240 192 196 4.0 4.57
Boundary RC26BDY461 345,449 6,972,032 496 265 -61 330 292 304 12.0 1.33
Boundary RCDD22BDY019 345,302 6,972,044 494 266 -61 609 420 431.85 11.9 1.23
Boundary RCDD23BDY119 345,254 6,971,948 494 272 -61 429 218.17 218.65 0.5 31.60
Boundary RCDD25BDY266 344,920 6,972,101 492 300 -90 687 612 613 1.0 12.60
Freeman's Find RC25FMF191 347,622 6,963,843 486 274 -61 222 198 200 2.0 5.99
Freeman's Find RC25FMF224 347,473 6,963,913 487 271 -61 181 63 70 7.0 1.67
Freeman's Find RC26FMF252 347,607 6,963,590 485 272 -61 102 15 20 5.0 2.37
Boundary RCDD23BDY117 345,226 6,971,969 494 267 -61 468 355 356 1.0 12.30
Boundary RC26BDY467 345,385 6,972,071 499 264 -60 270 264 268 4.0 2.66
Boundary RC25BDY380 345,246 6,971,838 494 271 -61 60 25 27 2.0 4.87
Freeman's Find RC25FMF234 347,574 6,964,015 487 273 -60 300 141 144 3.0 3.19
Boundary RC26BDY459 345,375 6,972,021 494 266 -59 132 108 120 12.0 0.82
Boundary RC26BDY460 345,408 6,972,021 496 263 -60 246 176 192 16.0 0.62
Freeman's Find RC25FMF235 347,525 6,964,019 488 270 -60 240 145 148 3.0 2.86
Boundary RC26BDY460 345,408 6,972,021 496 263 -60 246 160 168 8.0 1.12
Boundary RC26BDY462 345,288 6,972,041 494 265 -61 226 192 196 4.0 2.19
Freeman's Find RC26FMF239 347,495 6,963,843 486 273 -61 204 55 57 2.0 4.75
Freeman's Find RC26FMF256 347,731 6,963,538 486 274 -59 150 55 57 2.0 4.43
Freeman's Find RC25FMF198 347,579 6,963,892 487 274 -61 240 26 27 1.0 7.98
Freeman's Find RC25FMF225 347,525 6,963,913 486 273 -61 181 64 65 1.0 8.30
Freeman's Find RC26FMF253 347,656 6,963,590 485 274 -60 120 7 18 11.0 0.68
Boundary RCDD23BDY110 345,483 6,972,004 501 267 -58 360 318 322 4.0 1.97
Boundary RC26BDY469 345,424 6,972,082 499 266 -60 288 4 8 4.0 1.66
Freeman's Find RC26FMF240 347,563 6,963,792 486 273 -61 210 78 91 13.0 0.56

Page 20 of 37

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Prospect Hole Name Easting Northing RL Azi Dip End Depth
(m)
From
(m)
To (m) Interval
(m)
Gold
g/t
Freeman's Find RC25FMF222 347,495 6,963,914 486 273 -61 181 29 34 5.0 1.13
Freeman's Find RC25FMF222 347,495 6,963,914 486 273 -61 181 173 174 1.0 5.84
Freeman's Find RC25FMF230 347,369 6,963,839 486 271 -61 85 47 54 7.0 0.83
Freeman's Find RC25FMF235 347,525 6,964,019 488 270 -60 240 62 64 2.0 3.13
Freeman's Find RC26FMF252 347,607 6,963,590 485 272 -61 102 47 52 5.0 1.18
Boundary RCDD23BDY100 345,340 6,971,988 495 272 -59 498 364 372 8.0 0.75
Boundary RCDD23BDY100 345,340 6,971,988 495 272 -59 498 478 480.2 2.2 2.56
Boundary RCDD23BDY119 345,254 6,971,948 494 272 -61 429 340.6 348 7.4 0.87
Boundary RCDD23BDY119 345,254 6,971,948 494 272 -61 429 421 428.23 7.2 0.86
Boundary RC25BDY352 345,442 6,971,938 496 270 -61 61 47 49 2.0 2.68
Freeman's Find RC25FMF186 347,522 6,964,070 487 270 -61 240 66 69 3.0 1.71
Neptune RC25NPT203 345,394 6,971,172 501 223 -61 60 12 17 5.0 0.96
Freeman's Find RC26FMF237 347,496 6,964,124 488 276 -61 264 126 132 6.0 0.87
Freeman's Find RC26FMF246 347,641 6,963,692 486 272 -61 151 82 84 2.0 2.39
Freeman's Find RC26FMF256 347,731 6,963,538 486 274 -59 150 66 67 1.0 5.11
Freeman's Find RC26FMF258 347,649 6,963,485 484 270 -59 150 126 132 6.0 0.76
Freeman's Find RC26FMF260 347,811 6,963,390 489 276 -59 84 28 37 9.0 0.59
Boundary RCDD22BDY019 345,302 6,972,044 494 266 -61 609 339 339.3 0.3 17.20
Boundary RCDD22BDY019 345,302 6,972,044 494 266 -61 609 372.3 373.5 1.2 4.27
Boundary RCDD23BDY119 345,254 6,971,948 494 272 -61 429 375.5 377 1.5 3.17
Freeman's Find RC25FMF207 347,496 6,963,795 486 275 -62 181 36 41 5.0 0.85
Neptune RC25NPT249 345,266 6,971,221 499 228 -61 61 45 46 1.0 3.73
Boundary RC26BDY461 345,449 6,972,032 496 265 -61 330 272 276 4.0 1.02
Boundary RC26BDY463 345,304 6,972,072 499 268 -60 138 108 112 4.0 0.90
Freeman's Find RC26FMF239 347,495 6,963,843 486 273 -61 204 39 44 5.0 0.89
Freeman's Find RC26FMF241 347,659 6,963,791 486 272 -60 282 113 116 3.0 1.25
Freeman's Find RC26FMF243 347,337 6,963,969 487 273 -61 91 64 69 5.0 0.87
Freeman's Find RC26FMF246 347,641 6,963,692 486 272 -61 151 51 53 2.0 2.16
Freeman's Find RC26FMF247 347,687 6,963,691 486 271 -61 145 64 70 6.0 0.63
Freeman's Find RC26FMF255 347,592 6,963,547 484 273 -60 102 21 26 5.0 0.79
Boundary RCDD22BDY019 345,302 6,972,044 494 266 -61 609 301 309 8.0 0.53
Boundary RCDD22BDY019 345,302 6,972,044 494 266 -61 609 451 455.5 4.5 0.94
Boundary RCDD22BDY019 345,302 6,972,044 494 266 -61 609 604.65 609.1 4.5 0.80
Boundary RCDD23BDY117 345,226 6,971,969 494 267 -61 468 218.57 223 4.4 0.81
Boundary RCDD23BDY117 345,226 6,971,969 494 267 -61 468 319 321 2.0 2.18
Boundary RC25BDY343 345,304 6,971,937 494 272 -60 61 59 60 1.0 3.44
Boundary RC25BDY381 345,259 6,971,838 495 274 -61 60 19 20 1.0 3.29
Freeman's Find RC25FMF188 347,529 6,963,845 486 272 -61 240 165 169 4.0 0.71
Freeman's Find RC25FMF189 347,574 6,963,842 486 271 -61 222 109 111 2.0 1.52
Freeman's Find RC25FMF192 347,454 6,964,124 487 272 -60 222 47 48 1.0 2.96
Freeman's Find RC25FMF198 347,579 6,963,892 487 274 -61 240 93 98 5.0 0.58
Freeman's Find RC25FMF208 347,750 6,963,342 484 272 -61 85 48 49 1.0 3.06
Freeman's Find RC25FMF218 347,683 6,963,485 484 276 -60 151 29 30 1.0 3.21
Freeman's Find RC25FMF228 347,363 6,963,968 487 273 -60 121 18 19 1.0 2.75

Page 21 of 37

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Prospect Hole Name Easting Northing RL Azi Dip End Depth
(m)
From
(m)
To (m) Interval
(m)
Gold
g/t
Freeman's Find RC25FMF235 347,525 6,964,019 488 270 -60 240 207 209 2.0 1.46
Boundary RC26BDY457 345,346 6,972,026 492 270 -60 152 64 68 4.0 0.79
Boundary RC26BDY462 345,288 6,972,041 494 265 -61 226 84 88 4.0 0.72
Boundary RC26BDY469 345,424 6,972,082 499 266 -60 288 128 132 4.0 0.65
Freeman's Find RC26FMF236 347,546 6,964,069 487 276 -60 240 128 130 2.0 1.51
Freeman's Find RC26FMF236 347,546 6,964,069 487 276 -60 240 162 163 1.0 2.54
Freeman's Find RC26FMF240 347,563 6,963,792 486 273 -61 210 170 172 2.0 1.48
Freeman's Find RC26FMF248 347,548 6,963,640 483 271 -60 121 86 87 1.0 2.88
Freeman's Find RC26FMF258 347,649 6,963,485 484 270 -59 150 32 35 3.0 0.86
Boundary RCDD23BDY117 345,226 6,971,969 494 267 -61 468 229 233 4.0 0.78
Boundary RCDD23BDY117 345,226 6,971,969 494 267 -61 468 381.8 383.2 1.4 2.44
Boundary RCDD23BDY117 345,226 6,971,969 494 267 -61 468 418.2 418.8 0.6 4.64
Boundary RCDD25BDY266 344,920 6,972,101 492 300 -90 687 668.69 669 0.3 10.80
Regional AC26RAC860 357,736 6,956,031 467 240 -55 36 32 35 3.0 0.83
Regional AC26RAC870 358,781 6,956,631 470 240 -55 27 24 26 2.0 0.79
Freeman's Find RC25FMF172 347,470 6,964,071 487 271 -61 240 78 79 1.0 1.96
Freeman's Find RC25FMF188 347,529 6,963,845 486 272 -61 240 60 61 1.0 2.01
Freeman's Find RC25FMF193 347,373 6,963,915 487 273 -61 102 49 50 1.0 1.51
Freeman's Find RC25FMF198 347,579 6,963,892 487 274 -61 240 49 51 2.0 0.92
Freeman's Find RC25FMF211 347,841 6,963,342 484 275 -61 109 40 42 2.0 1.18
Freeman's Find RC25FMF216 347,705 6,963,439 484 273 -61 121 38 40 2.0 1.17
Freeman's Find RC25FMF227 347,370 6,964,014 487 272 -61 151 84 85 1.0 1.82
Freeman's Find RC25FMF234 347,574 6,964,015 487 273 -60 300 240 241 1.0 1.50
Boundary RC26BDY459 345,375 6,972,021 494 266 -59 132 64 68 4.0 0.53
Boundary RC26BDY469 345,424 6,972,082 499 266 -60 288 80 84 4.0 0.51
Freeman's Find RC26FMF236 347,546 6,964,069 487 276 -60 240 96 97 1.0 1.59
Freeman's Find RC26FMF236 347,546 6,964,069 487 276 -60 240 223 225 2.0 0.78
Freeman's Find RC26FMF237 347,496 6,964,124 488 276 -61 264 119 121 2.0 0.85
Freeman's Find RC26FMF237 347,496 6,964,124 488 276 -61 264 189 190 1.0 1.68
Freeman's Find RC26FMF239 347,495 6,963,843 486 273 -61 204 16 18 2.0 0.92
Freeman's Find RC26FMF239 347,495 6,963,843 486 273 -61 204 26 28 2.0 0.92
Freeman's Find RC26FMF240 347,563 6,963,792 486 273 -61 210 103 107 4.0 0.60
Freeman's Find RC26FMF240 347,563 6,963,792 486 273 -61 210 117 119 2.0 1.00
Freeman's Find RC26FMF240 347,563 6,963,792 486 273 -61 210 148 150 2.0 1.16
Freeman's Find RC26FMF240 347,563 6,963,792 486 273 -61 210 185 187 2.0 0.90
Freeman's Find RC26FMF241 347,659 6,963,791 486 272 -60 282 104 105 1.0 1.76
Freeman's Find RC26FMF245 347,572 6,963,691 485 268 -61 151 116 119 3.0 0.70
Freeman's Find RC26FMF248 347,548 6,963,640 483 271 -60 121 17 19 2.0 0.95
Freeman's Find RC26FMF255 347,592 6,963,547 484 273 -60 102 55 56 1.0 1.60
Freeman's Find RC26FMF256 347,731 6,963,538 486 274 -59 150 96 98 2.0 1.03
Freeman's Find RC26FMF257 347,610 6,963,489 486 274 -59 120 53 54 1.0 2.02
Freeman's Find RC26FMF259 347,631 6,963,443 488 272 -60 120 39 42 3.0 0.83
Freeman's Find RC26FMF259 347,631 6,963,443 488 272 -60 120 100 104 4.0 0.52
Freeman's Find RC26FMF260 347,811 6,963,390 489 276 -59 84 18 19 1.0 2.06

Page 22 of 37

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Prospect Hole Name Easting Northing RL Azi Dip End Depth
(m)
From
(m)
To (m) Interval
(m)
Gold
g/t
Freeman's Find RC26FMF260 347,811 6,963,390 489 276 -59 84 61 63 2.0 0.84
Boundary RCDD22BDY019 345,302 6,972,044 494 266 -61 609 318 319 1.0 2.03
Boundary RCDD22BDY019 345,302 6,972,044 494 266 -61 609 361.5 362 0.5 3.91
Boundary RCDD22BDY019 345,302 6,972,044 494 266 -61 609 496 499 3.0 0.55
Boundary RCDD22BDY019 345,302 6,972,044 494 266 -61 609 577.67 578.36 0.7 2.31
Boundary RCDD22BDY019 345,302 6,972,044 494 266 -61 609 586.49 590 3.5 0.69
Boundary RCDD23BDY100 345,340 6,971,988 495 272 -59 498 472.15 472.85 0.7 3.57
Boundary RCDD23BDY100 345,340 6,971,988 495 272 -59 498 485 486 1.0 2.17
Boundary RCDD23BDY104 345,408 6,972,003 496 265 -60 499 432.6 433.59 1.0 2.08
Boundary RCDD23BDY117 345,226 6,971,969 494 267 -61 468 368 369.15 1.2 1.80
Boundary RCDD23BDY117 345,226 6,971,969 494 267 -61 468 432 433 1.0 2.01
Boundary RCDD23BDY117 345,226 6,971,969 494 267 -61 468 446 448 2.0 0.88
Boundary RCDD23BDY119 345,254 6,971,948 494 272 -61 429 294 296 2.0 0.97
Boundary RCDD25BDY266 344,920 6,972,101 492 300 -90 687 453 454 1.0 2.41

Appendix Two | JORC Code, 2012 Edition | ‘Table 1’ Report Section 1 Sampling Techniques and Data from Recent Drilling at Dingo Range Project

(Criteria in this section apply to all succeeding sections)

Criteria JORC Code explanation Commentary
Sampling techniques
Nature and quality of sampling (e.g. cut channels,
random chips, or specific specialised industry standard
measurement tools appropriate to the minerals under
investigation, such as down hole gamma sondes, or
handheld XRF instruments, etc). These examples should
not be taken as limiting the broad meaning of
sampling.

Include reference to measures taken to ensure sample
representivity and the appropriate calibration of any
measurement tools or systems used.

Aspects of the determination of mineralisation that
are Material to the Public Report.

In cases where ‘industry standard’ work has been done
this would be relatively simple (e.g. ‘reverse circulation
drilling was used to obtain 1 m samples from which 3
kg was pulverised to produce a 30g charge for fire
assay’). In other cases, more explanation may be
required, such as where there is coarse gold that has
inherent sampling problems. Unusual commodities or
mineralisation types (e.g. submarine nodules) may
warrant disclosure of detailed information.

Standards are inserted at regular intervals in sample
batches to test laboratory performance.

All reverse circulation (RC) drilling is used to collect both a
4m composite and 1m samples. The 4m composite are
determined based on areas of known very low or
background mineralisation or geological assessment at the
rig. The 4m program composites are taken from the excess
bagged material off the cone splitter taken every 1m. A
spear sampling technique is then used to produce a 3-5kg
composite sample. The 1m samples are split with a cone
splitter at the drill rig to produce a 3-5kg sub-sample. These
1m samples are submitted after the results of the 4m
composites are received to identify the zones of
mineralisation.

All air core (AC) is used to collect both a 4m composite and 1m
samples. The 4m composite are determined based on areas
of known very low or background mineralisation or
geological assessment at the rig. The 4m program
composites are taken from the excess bagged material off
the cyclone every 1m. A spear sampling technique is then
used to produce a 3-5kg composite sample for both the 4m
composites and the 1m resamples. These 1m samples are
submitted after the results of the 4m composites are
received to identify the zones of mineralisation.

Diamond core was sampled using half-core where the core
is cut in half down the longitudinal axis and sample intervals
were determined by the geologist based on lithological
contacts, with most of the sample intervals being 1 metre
in length. In areas of no mineralised (negligible amounts of
alteration/sulphides typically present with mineralisation) a
2m composite was submitted.

The drill program used SGS Laboratories, Kalgoorlie and
Bureau Veritas Kalgoorlie for RC and diamond samples:

SGS–samples crushed and milled to <75µm and assayed
using fire assay (50g) with additional AAS.

Bureau Veritas–samples crushed and milled to <75µm
(90% pass) and assayed using fire assay (40g) with
additional AAS.

Soil samples are collected from the B horizon (~5 to ~20cm
below the surface). Prior to collection, the surface of the
sample site is swept clean of surficial material in order to
minimize any contamination.

Each soil sample uses material which is passed through a

Page 23 of 37

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Criteria JORC Code explanation Commentary
screening process, involving material (~1-2kg) won from
below the B horizon which is added into the upper portion
of a two-stage hand-shaken screening drum. When shaken,
the material which passes through –125um size screen filter
sieve falls into the lower portion of the drum. A sub-sample
is created using a minimum of 50 grams of screened, -
125um material which is then transferred into the sample
sachet, (the soil sample)_which is then transported to the
lab. To avoid contamination, the soil sample drum is then
cleaned prior to the next sample.
Drilling techniques
Drill type (e.g. core, reverse circulation, open-hole
hammer, rotary air blast, auger, Bangka, sonic, etc.) and
details (e.g. core diameter, triple or standard tube,
depth of diamond tails, face-sampling bit or other type,
whether core is oriented and if so, by what method,
etc.).

A Schramm 685 drill rig with a 5.5-inch hammer and a
Schramm 450 with a 5.375-inch hammer is used for RC
drilling.

A UDR1000 rig is used to drill NQ2 diamond Core.

A custom-made wheel based drill Rig with a 3inch bit is
used for AC drilling.

All RC and Diamond holes were downhole surveyed using
a gyroscopic survey tool (a REFLEX GYRO SPRINT-IQ™). A
typical downhole survey was taken at 10m depth to the end
of hole. All readings showed that down hole deviations
were within acceptable limits.
Drill sample recovery
Method of recording and assessing core and chip
sample recoveries and results assessed.

Measures taken to maximise sample recovery and ensure
representative nature of the samples.

Whether a relationship exists between sample recovery
and grade and whether sample bias may have occurred
due to preferential loss/gain of fine/coarse material.

AC and RC drill sample recovery averaged better than 99%.
Logging
Whether core and chip samples have been geologically
and geotechnically logged to a level of detail to
support appropriate Mineral Resource estimation,
mining studies and metallurgical studies.

Whether logging is qualitative or quantitative in
nature. Core (or costean, channel, etc) photography.

The total length and percentage of the relevant
intersectionslogged.

All RC and AC chips and diamond core is routinely logged
(qualitatively) by a geologist, to record details of regolith
(oxidation), lithology, structure, mineralisation and/or
veining, and alteration. All logging and sampling data are
captured into a database, with appropriate validation and
security features.
Sub-sampling
techniques and
sample preparation

If core, whether cut or sawn and whether quarter, half
or all core taken.

If non-core, whether riffled, tube sampled, rotary split,
etc and whether sampled wet or dry.

For all sample types, the nature, quality and
appropriateness of the sample preparation technique.

Quality control procedures adopted for all sub-
sampling stages to maximise representivity of samples.

Measures taken to ensure that the sampling is
representative of the in-situ material collected,
including
for
instance
results
for
field
duplicate/second-half sampling.

Whether sample sizes are appropriate to the grain size
of the material being sampled.

Most samples are dry and there is no likelihood of
compromised results due to moisture.

This sample technique is industry standard and is deemed
appropriate for the material.

All RC 1m samples were put through a fixed cone splitter
with the sample reduced to between a 2kg to 5kg sample.

All AC and RC 4m composite samples are produced with the
spear technique from the bagged material off the cyclone.

The drilling used SGS Laboratories, Kalgoorlie and Bureau
Veritas, Kalgoorlie for RC samples: SGS– samples are dried at
105° Celsius, crushed and milled to 85% passing -75µm.
Assay was 50g fire assay with AAS finish for gold. Bureau
Veritas– samples are dried at 105° Celsius, crushed and
milled to 90% passing -75µm. Assay was 40g fire assay with
AAS finish for gold.

Soil samples are prepared and analysed by Bureau Veritas
(Perth) at their Canning Vale Laboratory

Soil samples are collected whilst the material is dry in nature
and during periods of no rainfall. There is no likelihood of
compromised results due to moisture.

Soil sample preparation is carried out at a commercial off-
site laboratory (Bureau Veritas Perth)_where the samples
are dried at 105° Celsius, and then pulverised using a
vibrating disc pulveriser so 90% of particles passing
through a 75um size.

Soil Sample analysis then begins by Bureau Veritas taking a
40 gram charge of material and mixing it with hydrochloric
and nitric acid, a 2-acid digest creating an aliquot, which is
then tested using ICP-OES (Inductively Couples Plasma –
Optical Emission Spectrometry and ICP-MS. (Inductively
Coupled Plasma – Mass Spectrometry.

Each soil sample is tested by Bureau Veritas for Calcium and
Potassium using ICP-AES, and tested using ICP-MS for
Gold, Silver, Arsenic, Barium, Bismuth, Cerium, Chromium,
Caesium, Copper, Lithium, Molybdenum, Nickel, Lead,
Palladium, Platinum, Rubidium, Tin, Tellurium, Titanium
Tungsten and Zinc.

Page 24 of 37

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Criteria JORC Code explanation Commentary
Quality of assay data
and laboratory tests

The nature, quality and appropriateness of the
assaying and laboratory procedures used and whether
the technique is considered partial or total.

For geophysical tools, spectrometers, handheld XRF
instruments, etc, the parameters used in determining
the analysis including instrument make and model,
reading times, calibrations factors applied and their
derivation, etc.

Nature of quality control procedures adopted (e.g.
standards, blanks, duplicates, external laboratory checks)
and whether acceptable levels of accuracy (i.e. lack of
bias) and precision have been established.

All samples are sent to the accredited SGS Laboratories,
Kalgoorlie 50g fire assay with AAS finish for gold or the
accredited Bureau Veritas laboratory in Kalgoorlie for 40g
fire assay with AAS finish for gold. These methods have a
lower detection limit of 0.01ppm gold.

Industry-standard QAQC protocols are routinely followed
for all sample batches sent for assay, which includes the
insertion of commercially available pulp CRMs at rate of 1
for every 20 field samples and pulp blanks at a rate of 1 for
every 50 field samples. Field duplicates were collected at
the rig, directly from the cyclone at a rate of one in every 50
samples for the entire program.

Soil sampling conducted by EMR includes field-populated
standards (CRMs) which are inserted at a ratio of 1 for every
33 field samples.

Soil sampling assaying by Bureau Veritas using ICP-OES has
a lower detection limit of 100ppm for Calcium and 100ppm
for Potassium.

Soil sampling assaying by Bureau Veritas using ICP-MS has
a lower detection limit of 1ppb for Gold, 0.005ppm for
Platinum, 0.02ppm for Silver, 0.1ppm for Arsenic, 0.1ppm
for Barium, 0.1ppm for Bismuth, 0.01ppm for Cerium,
0.2ppm for Chromium, 0.2ppm for Caesium, 0.1ppm for
Copper, 0.1ppm for Lithium, 0.02ppm for Molybdenum,
0.1ppm for Nickel, 0.2ppm for Lead, 0.01ppm for Rubidium,
0.1ppm for Tin, 0.02ppm for Tellurium, 10ppm for Titanium,
0.05ppm for Tungsten and 1ppm for Zinc.

QAQC data are routinely checked before any associated
assay results are reviewed for interpretation.

All assay data, including internal and external QA/QC data
and control charts of standard, replicate and duplicate assay
results, are communicated electronically.
Verification of
sampling and assaying

The verification of significant intersections by either
independent or alternative company personnel.

The use of twinned holes.

Documentation of primary data, data entry procedures,
data verification, data storage (physical and electronic)
protocols.

Discuss any adjustment to assay data.

All field data associated with sampling, and all associated
assay and analytical results, are archived in a relational
database, with industry-standard verification protocols in
place.

The calculations of all significant intercepts (for drill holes)
are routinely checked by senior management.

Data verification and validation procedures undertaken
included checks on collar position against design and site
survey collar pick-ups by Licenced contract surveyors. Hole
depths were cross-checked in the geology logs, down hole
surveys, sample sheets and assay reports to ensure
consistency. All down hole surveys were exposed to
rigorous QAQC and drill traces
were plotted in 3D for validation and assessment of global
deviation trends.
Location of data
points

Accuracy and quality of surveys used to locate drill
holes (collar and down-hole surveys), trenches, mine
workings and other locations used in Mineral Resource
estimation.

Specification of the grid system used.

Quality and adequacy of topographic control.

The grid system used is GDA_94. The creation of the
topographic surface is based on a site survey pick-up in
March 2014 by GEMS (Glockner Engineering and Mining
Services, licenced Australian surveyors) and again in July 2014,
August 2015, August 2017, December 2023 and July 2024
of all drill holes and surface contour points in GDA_94.
Recently, a licenced contract surveyor has been rostered to
site to support construction activities and is also being
utilised to record precise drill collar locations at regular
intervals.

All RC and Diamond Drill hole collar locations are surveyed
using Trimble RTK DGPS by several authorised contractors
including Insight UAS Anderson Consulting Surveyors. The
instrument has sub centimetre accuracy for both horizontal
coordinates and vertical coordinates.

All drill holes were downhole surveyed using a gyroscopic
survey tool (a REFLEX GYRO SPRINT-IQ™) and are routinely
undertaken at ~5m intervals for the drilling.
Data spacing and
distribution

Data spacing for reporting of Exploration Results.

Whether the data spacing and distribution is sufficient
to establish the degree of geological and grade
continuity appropriate for the Mineral Resource and
Ore
Reserve
estimation
procedure(s)
and
classifications applied.

Whether sample compositing has been applied.

This drill spacing is considered to be sufficient to establish
geological and grade continuity appropriate
for the
declaration of estimates of resources.

The drill program adopted a standard sample length of
1.0m.

Soil samples are carried out on an appropriate grid
orientation to both discover mineralisation and observe
mineralisation.

Page 25 of 37

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Criteria JORC Code explanation Commentary
Orientation of data in
relation to geological
structure

Whether the orientation of sampling achieves
unbiased sampling of possible structures and the
extent to which this is known, considering the deposit
type.

If the relationship between the drilling orientation and
the orientation of key mineralised structures is
considered to have introduced a sampling bias, this
should be assessed andreportedif material.

Drill holes are usually designed to intersect target
structures with a “close-to-orthogonal” intercept.

Most of the drill holes intersect the mineralised zones at
sufficient angle for the risk of significant sampling
orientation bias to be low.
Sample security
The measures taken to ensure sample security.

All RC and AC samples were sampled as single 1m or 4m
calico samples, each with a unique sample number. These
calicos were collected from the drill sites in allotments of 1
tonne bulka bags. These bulka bags were loaded by field
staff and delivered to SGS Kalgoorlie or Bureau Veritas by
road transport supplied by the relevant laboratory. Zones
of waste a sampled as a composite sample using the spear
sampling technique. In the case of RC samples, if the
composite returns an anomalous value, the individual 1m
samples (collected and stored at the time of drilling) are
submitted for analysis. In the case of AC samples, a 1m
spear sample is collected in the field for submission.

The chain of custody for all drill and soil samples from the
drill rig and soil/auger samples from the field to the BV
Laboratory facility in Kalgoorlie is managed by Emerald
personnel. Drill samples are transported from the drill site
to the permanent onsite Exploration camp, where all
samples are batched up for shipment to BV Laboratory by
transport arranged by BV.

Sample submission forms are sent to the BV Laboratory in
paper form (with the samples themselves) and also as an
electronic copy. Delivered samples are reconciled with the
batch submission form prior to the commencement of any
sample preparation.

BV is responsible for shipping samples the Exploration Camp
to the analytical laboratories in Kalgoorlie. If additional
work is required from their Perth Laboratories, then BV
arranges transport.

All bulk residues are stored permanently at the Exploration
Camp onsite

No information is available regarding sample security
proceduresforthehistoricaldrillingresultsreported.
Audits or reviews
The results of any audits or reviews of sampling
techniques and data.

All QAQC data are reviewed routinely, batch by batch, and
on a quarterly basis to conduct trend analyses, etc. Any
issues arising are dealt with immediately and problems
resolved before results are interpreted and/or reported.

Emerald employees completed their most recent lab audit
of both the SGS Kalgoorlie and Bureau Veritas Kalgoorlie
laboratories in October 2025.

Keith King regularly attends the Dingo Range Gold Project
andinspects alldrilling and sampling practices taking place.

Appendix Two | JORC Code, 2012 Edition | ‘Table 1’ Report

Section 2 Reporting of Exploration Results from Recent Drilling at Dingo Range Project.

(Criteria listed in the preceding section also apply to this section)

(Criteria listed in the preceding section also apply to this section)
Criteria Explanation Commentary
Mineral tenement
and land tenure
status

Type,
reference
name/number,
location
and
ownership including agreements or material issues
with third parties such as joint ventures, partnerships,
overriding royalties, native title interests, historical
sites, wilderness or national park and environmental
settings.

The security of the tenure held at the time of reporting
along with any known impediments to obtaining a
licence to operateinthe area.

The prospects within the Dingo Range Gold Project are
100% held by Emerald Resources NL’s wholly owned
subsidiary, Emerald Resources (WA) Pty Ltd or by its wholly
owned subsidiaries.

The tenure is considered to be secure.
Exploration done by
other parties

Acknowledgment and appraisal of exploration by
other parties.

Historical drilling was conducted between 1989 – 2005
by companies Julia Mines NL, Eagle Mining NL, Deep Yellow
NLandKorabResourcesLtd.

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Criteria Explanation Commentary
Geology
Deposit type, geological setting and style of
mineralisation.

Geology comprises a basalt country rock and BIF with
intrusions of various composition and ages. All Dingo
Range Gold Project prospects are associated with an
approximately
45
degrees
to
subvertical
dipping
mineralised lode (or sheets) that have formed in association
with the basalt/BIF contact and Orogenic hydrothermal
mineralisation typical of the WA goldfields. Gold
Mineralisation is as shallow as a few metres below surface,
extends to some 500m below surface and is open at depth.

The weathering profile displays a surface laterite, followed
by clay/saprolite weathering predominately in association
with the weathered basalt. Saprock is encountered earlier in
association with weathered BIF. Global fresh rock is
encountered from 70m down hole, but weathering is not
well advanced at Neptune and hard saprock and fresh rock
are encountered in more shallow horizons.
Drill hole Information
A summary of all information material to the
understanding of the exploration results including a
tabulation of the following information for all Material
drill holes:
-easting and northing of the drill hole collar;
-elevation or RL (Reduced Level–elevation above
sea level in meters) of the drill hole collar;
-dip and azimuth of the hole;
-down hole length and interception depth;
-hole length.

If the exclusion of this information is justified on
the
basis that the information is not Material and this
exclusion does not detract from the understanding
of the report, the Competent Person should clearly
explain why this is the case.

Details of significant drilling results are shown in
Appendix One.
Data aggregation
methods

In reporting Exploration Results, weighting averaging
techniques,
maximum
and/or
minimum
grade
truncations (e.g. cutting of high grades) and cut-off
grades are usually Material and should be stated.

Where aggregate intercepts incorporate short lengths
of high-grade results and longer lengths of low-grade
results, the procedure used for such aggregation
should be stated and some typical examples of such
aggregations should be shown in detail.

The assumptions used for any reporting of metal
equivalent values should be clearly stated.

No high-grade top cuts have been applied.

Unless otherwise specifically stated, the reported significant
intersections in Appendix One are above 2 gram metre
intersections and allow for up to 4m of internal dilution with
a lower cut trigger values of greater than 0.5g/t.
Relationship between
mineralisation widths
and intercept lengths

These relationships are particularly important in the
reporting of Exploration Results.

If the geometry of the mineralisation with respect to
the drill hole angle is known, its nature should be
reported.

If it is not known and only the down hole lengths
arereported, there should be a clear statement to this
effect(e.g. ‘down hole length, true width not
known’).

All reported intersections are down hole lengths. True
widths are unknown and vary depending on the orientation
of target structures.
Diagrams
Appropriate maps and sections (with scales) and
tabulations of intercepts should be included for any
significant discovery being reported These should
include, but not be limited to, a plan view of drill
hole collar locations and appropriate sectional views.

Appropriate maps and sections are included in the
body of this release.
Balanced reporting
Where comprehensive reporting of all Exploration
Results is not practicable, representative reporting of
both low and high grades and/or widths should be
practiced
to
avoid
misleading
reporting
of
Exploration
Results.

All significant drilling results being intersections with a
minimum 2 gram metre values are reported in Appendix
One.

Soil and Rock chip geochemical anomalies are depicted on
the attached maps with sample points locations denoted
and auger and rock chip symbols coloured by gold levels.
Other substantive
exploration data

Other exploration data, if meaningful and material,
should be reported including (but not limited to):
geological observations; geophysical survey results;
geochemical survey results; bulk samples–size and
method of treatment; metallurgical test results; bulk
density,
groundwater,
geotechnical
and
rock
characteristics;
potential
deleterious
or
contaminating
substances.

Surface geological mapping and detailed structural
interpretation have helped inform the geological models.

Page 27 of 37

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Criteria Explanation Commentary
Further work
The nature and scale of planned further work (e.g. tests
for lateral extensions or depth extensions or large-
scale step-out drilling).

Diagrams clearly highlighting the areas of possible
extensions,
including
the
main
geological
interpretations and future drilling areas, provided this
information is not commercially sensitive.

Additional drilling programs are being planned across all
exploration licences.

Appendix Three | New Significant Intercepts – Okvau Gold Mine Resource infill and Okvau Near Mine exploration (Granite Hill Prospect) or Memot Resource infill or extensional drilling (Note: Blank Assay values for Ag, Cu, Pb and Zn indicate multielement assay results are pending). >2 gram metre Au or anomalous Ag, Cu, Pb or Zn values. Any intercept highlighted with a “*” has been re-reported in this announcement due to previous 4m composite intervals being re-assayed into 1m samples and the significant intersection being recalculated.

Prospect Hole Name Easting
WGS84
Northing
WGS84
RL Azi Dip End
Depth
(m)
From
(m)
To
(m)
Interval
(m)
Gold
g/t
Silver
(g/t)
Copper
(ppm)
Lead
(ppm)
Zinc
(ppm)
Okvau RCDD25OKV811 694,419 1,397,029 167 311 -64 469 347 350 3.0 59.04 - - - -
Memot RC26MMT757 633,673 1,317,806 46 225 -60 60 40 42 2.0 50.29 - - - -
Memot RC26MMT750 633,610 1,317,743 44 225 -60 56 1 15 14.0 3.37 - - - -
Okvau RCDD25OKV805 694,320 1,397,046 140 315 -69 343 255 257 2.0 22.85 6.20 133 283 49
Okvau RCDD25OKV800 694,183 1,396,734 150 313 -63 612 448 470 22.0 1.86 1.27 341 22 52
Memot RC26MMT733 633,680 1,317,743 46 225 -60 64 9 11 2.0 19.76 - - - -
Memot RC26MMT782 633,548 1,317,787 46 225 -60 66 41 60 19.0 1.94 - - - -
Memot RC26MMT774 633,557 1,317,761 45 225 -60 66 33 43 10.0 3.41 - - - -
Memot RC26MMT721 633,654 1,317,681 46 225 -60 66 21 42 21.0 1.50 - - - -
Memot RC26MMT762 633,662 1,317,831 47 225 -60 66 24 27 3.0 10.01 - - - -
Granite Hill RC25GRH171 687,823 1,397,944 131 90 -60 120 50 58 8.0 3.49 1.86 589 5 57
Memot RC26MMT734 633,584 1,317,681 45 225 -60 41 2 15 13.0 2.18 - - - -
Memot RC26MMT761 633,690 1,317,858 48 225 -60 66 28 30 2.0 11.81 - - - -
Memot RC26MMT775 633,566 1,317,770 45 225 -60 56 32 55 23.0 0.97 - - - -
Memot RC26MMT773 633,548 1,317,752 45 225 -60 42 27 39 12.0 1.75 - - - -
Memot RC26MMT790 633,539 1,317,814 45 225 -60 65 47 50 3.0 6.54 - - - -
Granite Hill RC25GRH211 687,755 1,397,850 141 90 -61 165 53 58 5.0 3.83 2.00 577 28 26
Memot RC25MMT621 633,654 1,317,823 47 225 -60 67 20 22 2.0 9.25 - - - -
Memot RC26MMT737 633,610 1,317,708 45 225 -60 32 20 31 11.0 1.72 - - - -
Memot RC26MMT757 633,673 1,317,806 46 225 -60 60 50 59 9.0 2.14 - - - -
Memot RC26MMT777 633,583 1,317,787 48 225 -60 66 34 45 11.0 1.76 - - - -
Memot RC25MMT610 633,690 1,317,752 47 225 -60 37 7 14 7.0 2.54 - - - -
Memot RC26MMT766 633,583 1,317,752 46 225 -60 59 53 59 6.0 3.01 - - - -
Memot RC25MMT626 633,477 1,317,787 47 225 -60 55 32 34 2.0 7.81 - - - -
Okvau RCDD25OKV802 694,211 1,396,755 150 317 -48 420 307 325 18.0 0.87 0.07 185 6 35
Memot RC26MMT726 633,619 1,317,681 46 225 -60 34 25 33 8.0 1.93 - - - -
Memot RC26MMT765 633,574 1,317,743 45 225 -60 66 35 47 12.0 1.21 - - - -
Memot RC25MMT606 633,663 1,317,690 47 225 -60 67 48 57 9.0 1.53 - - - -
Memot RC26MMT767 633,592 1,317,761 46 225 -60 66 28 34 6.0 2.25 - - - -
Memot RC26MMT792 633,557 1,317,832 43 225 -60 56 31 37 6.0 2.26 - - - -
Memot RC26MMT802 633,557 1,317,867 44 225 -60 66 46 48 2.0 7.19 - - - -
Okvau RCDD25OKV811 694,419 1,397,029 167 311 -64 469 305 308 3.0 4.71 - - - -
Masawasi RC26MAS004 694,182 1,399,316 190 90 -60 204 160 164 4.0 3.17 0.15 13 7 28
Memot RC26MMT767 633,592 1,317,761 46 225 -60 66 20 23 3.0 4.18 - - - -

Page 28 of 37

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Prospect Hole Name Easting
WGS84
Northing
WGS84
RL Azi Dip End
Depth
(m)
From
(m)
To
(m)
Interval
(m)
Gold
g/t
Silver
(g/t)
Copper
(ppm)
Lead
(ppm)
Zinc
(ppm)
Memot RC26MMT796 633,592 1,317,867 49 225 -60 30 22 28 6.0 2.20 - - - -
Okvau RCDD25OKV806 694,185 1,396,736 150 313 -62 513 411 418 7.0 1.91 0.34 57 15 45
Memot RC25MMT594 633,813 1,317,876 48 225 -60 67 26 28 2.0 6.22 - - - -
Memot RC26MMT734 633,584 1,317,681 45 225 -60 41 24 41 17.0 0.73 - - - -
Memot RC26MMT763 633,549 1,317,717 45 225 -60 60 41 45 4.0 3.09 - - - -
Memot RC26MMT777 633,583 1,317,787 48 225 -60 66 20 27 7.0 1.70 - - - -
Memot RC26MMT628 633,495 1,317,805 47 225 -60 49 21 23 2.0 5.58 - - - -
Okvau RCDD25OKV801 694,176 1,396,721 150 303 -62 509 429 431 2.0 5.50 0.73 346 21 56
Memot RC25MMT604 633,813 1,317,841 49 225 -60 67 8 12 4.0 2.61 - - - -
Memot RC25MMT618 633,610 1,317,814 47 225 -60 26 13 17 4.0 2.41 - - - -
Memot RC26MMT730 633,663 1,317,726 46 225 -60 46 36 46 10.0 1.05 - - - -
Memot RC26MMT750 633,610 1,317,743 44 225 -60 56 42 49 7.0 1.48 - - - -
Okvau RCDD25OKV800 694,183 1,396,734 150 313 -63 612 297 300 3.0 3.42 0.20 19 4 38
Memot RC25MMT585 633,796 1,317,893 48 225 -60 61 0 4 4.0 2.13 - - - -
Memot RC25MMT605 633,822 1,317,849 48 225 -60 32 12 17 5.0 1.73 - - - -
Memot RC25MMT610 633,690 1,317,752 47 225 -60 37 26 31 5.0 1.74 - - - -
Memot RC25MMT617 633,601 1,317,805 47 225 -60 7 3 6 3.0 2.99 - - - -
Memot RC26MMT690 633,584 1,318,070 45 225 -60 67 0 3 3.0 2.95 - - - -
Memot RC26MMT733 633,680 1,317,743 46 225 -60 64 50 52 2.0 4.31 - - - -
Memot RC26MMT744 633,672 1,317,770 45 225 -60 66 25 37 12.0 0.71 - - - -
Memot RC26MMT746 633,574 1,317,707 45 225 -60 66 34 40 6.0 1.53 - - - -
Memot RC26MMT766 633,583 1,317,752 46 225 -60 59 30 47 17.0 0.56 - - - -
Okvau RCDD25OKV800 694,183 1,396,734 150 313 -63 612 581 583 2.0 4.74 1.95 760 43 45
Memot RC25MMT603 633,804 1,317,832 49 225 -60 55 5 7 2.0 3.88 - - - -
Memot RC25MMT624 633,513 1,317,788 46 225 -60 49 0 8 8.0 1.05 - - - -
Memot RC26MMT630 633,451 1,317,797 47 225 -60 67 34 48 14.0 0.60 - - - -
Memot RC26MMT665 633,539 1,317,991 46 225 -60 67 53 61 8.0 0.99 - - - -
Memot RC26MMT696 633,716 1,318,062 46 225 -60 67 56 63 7.0 1.10 - - - -
Memot RC26MMT767 633,592 1,317,761 46 225 -60 66 40 52 12.0 0.70 - - - -
Memot RC26MMT770 633,619 1,317,787 46 225 -60 33 28 30 2.0 4.21 - - - -
Okvau RCDD25OKV802 694,211 1,396,755 150 317 -48 420 398 407 9.0 0.90 0.05 325 4 33
Okvau RCDD25OKV804 694,331 1,397,108 131 315 -70 322 297 303 6.0 1.40 0.40 80 13 32
Memot RC25MMT577 633,725 1,317,823 49 225 -60 22 0 3 3.0 2.39 - - - -
Memot RC25MMT595 633,822 1,317,885 48 225 -60 67 14 22 8.0 0.91 - - - -
Memot RC25MMT607 633,637 1,317,699 47 225 -60 39 10 12 2.0 3.43 - - - -
Memot RC25MMT612 633,707 1,317,770 48 225 -60 40 7 10 3.0 2.27 - - - -
Okvau North RC25OKN037 693,840 1,398,307 142 360 -60 102 92 95 3.0 2.32 0.18 276 1 25
Memot RC26MMT652 633,372 1,317,929 45 225 -60 67 17 23 6.0 1.18 - - - -
Memot RC26MMT654 633,389 1,317,946 46 225 -60 67 50 55 5.0 1.47 - - - -
Memot RC26MMT662 633,513 1,317,965 46 225 -60 67 39 52 13.0 0.56 - - - -
Memot RC26MMT736 633,601 1,317,699 45 225 -60 39 1 5 4.0 1.73 - - - -
Memot RC26MMT758 633,681 1,317,814 46 225 -60 60 15 19 4.0 1.65 - - - -
Memot RC26MMT765 633,574 1,317,743 45 225 -60 66 61 66 5.0 1.33 - - - -
Memot RC26MMT768 633,601 1,317,769 46 225 -60 43 21 27 6.0 1.14 - - - -

Page 29 of 37

==> picture [140 x 39] intentionally omitted <==

Prospect Hole Name Easting
WGS84
Northing
WGS84
RL Azi Dip End
Depth
(m)
From
(m)
To
(m)
Interval
(m)
Gold
g/t
Silver
(g/t)
Copper
(ppm)
Lead
(ppm)
Zinc
(ppm)
Memot RC26MMT776 633,574 1,317,778 45 225 -60 66 51 58 7.0 1.06 - - - -
Memot RC26MMT782 633,548 1,317,787 46 225 -60 66 9 14 5.0 1.43 - - - -
Memot RC26MMT783 633,557 1,317,796 43 225 -60 66 44 46 2.0 3.55 - - - -
Memot RC26MMT792 633,557 1,317,832 43 225 -60 56 51 53 2.0 3.40 - - - -
Memot RC26MMT794 633,575 1,317,849 42 225 -60 66 13 19 6.0 1.22 - - - -
Memot RC26MMT802 633,557 1,317,867 44 225 -60 66 33 41 8.0 0.91 - - - -
Memot RC26MMT802 633,557 1,317,867 44 225 -60 66 54 64 10.0 0.69 - - - -
Granite Hill RC25GRH211 687,755 1,397,850 141 90 -61 165 102 105 3.0 2.12 1.13 295 3 12
Memot RC25MMT583 633,778 1,317,876 49 225 -60 67 0 5 5.0 1.29 - - - -
Memot RC25MMT621 633,654 1,317,823 47 225 -60 67 2 10 8.0 0.80 - - - -
Memot RC25MMT621 633,654 1,317,823 47 225 -60 67 57 59 2.0 2.97 - - - -
Memot RC26MMT666 633,504 1,317,991 46 225 -60 67 37 43 6.0 1.05 - - - -
Memot RC26MMT679 633,522 1,318,044 46 225 -60 67 0 4 4.0 1.59 - - - -
Memot RC26MMT698 633,689 1,318,070 45 225 -60 67 54 59 5.0 1.26 - - - -
Memot RC26MMT736 633,601 1,317,699 45 225 -60 39 31 39 8.0 0.70 - - - -
Memot RC26MMT743 633,663 1,317,761 45 225 -60 54 40 47 7.0 0.81 - - - -
Memot RC26MMT756 633,663 1,317,797 46 225 -60 66 17 22 5.0 1.25 - - - -
Memot RC26MMT772 633,539 1,317,744 45 225 -60 66 43 49 6.0 0.93 - - - -
Memot RC26MMT774 633,557 1,317,761 45 225 -60 66 9 15 6.0 1.00 - - - -
Memot RC26MMT777 633,583 1,317,787 48 225 -60 66 51 58 7.0 0.86 - - - -
Memot RC26MMT793 633,566 1,317,840 43 225 -60 66 32 38 6.0 1.04 - - - -
Okvau North RC26OKN065 692,676 1,398,257 150 360 -55 192 184 189 5.0 1.14 1.60 93 357 843
Okvau RCDD25OKV802 694,211 1,396,755 150 317 -48 420 279 283 4.0 1.39 0.29 182 16 29
Memot RC25MMT614 633,636 1,317,805 47 225 -60 40 13 17 4.0 1.14 - - - -
Memot RC25MMT625 633,521 1,317,796 46 225 -60 34 20 24 4.0 1.27 - - - -
Memot RC26MMT628 633,495 1,317,805 47 225 -60 49 40 48 8.0 0.59 - - - -
Memot RC26MMT632 633,442 1,317,823 47 225 -60 67 29 31 2.0 2.51 - - - -
Memot RC26MMT667 633,513 1,317,999 46 225 -60 67 43 47 4.0 1.24 - - - -
Memot RC26MMT672 633,566 1,318,053 46 225 -60 53 0 3 3.0 1.52 - - - -
Memot RC26MMT673 633,575 1,318,061 46 225 -60 67 53 55 2.0 2.27 - - - -
Memot RC26MMT682 633,548 1,318,071 45 225 -60 67 52 61 9.0 0.51 - - - -
Memot RC26MMT701 633,716 1,318,097 46 225 -60 37 0 4 4.0 1.30 - - - -
Memot RC26MMT707 633,716 1,318,132 46 225 -60 10 0 6 6.0 0.81 - - - -
Memot RC26MMT722 633,672 1,317,699 46 225 -60 59 50 59 9.0 0.56 - - - -
Memot RC26MMT724 633,601 1,317,664 46 225 -60 66 0 2 2.0 2.45 - - - -
Memot RC26MMT728 633,681 1,317,672 46 225 -60 42 9 14 5.0 1.01 - - - -
Memot RC26MMT768 633,601 1,317,769 46 225 -60 43 34 42 8.0 0.68 - - - -
Memot RC26MMT775 633,566 1,317,770 45 225 -60 56 12 15 3.0 1.51 - - - -
Memot RC26MMT776 633,574 1,317,778 45 225 -60 66 38 45 7.0 0.77 - - - -
Memot RC26MMT795 633,583 1,317,858 49 225 -60 24 16 18 2 2.69 - - - -
Memot RC26MMT799 633,530 1,317,840 46 225 -60 53 44 52 8 0.58 - - - -
Okvau RCDD25OKV811 694,419 1,397,029 167 311 -64 469 347 350 3 1.54 - - - -
Memot RC25MMT614 633,636 1,317,805 47 225 -60 40 0 5 5 0.72 - - - -
Memot RC25MMT619 633,619 1,317,823 48 225 -60 34 0 6 6 0.72 - - - -

Page 30 of 37

==> picture [140 x 39] intentionally omitted <==

Prospect Hole Name Easting
WGS84
Northing
WGS84
RL Azi Dip End
Depth
(m)
From
(m)
To
(m)
Interval
(m)
Gold
g/t
Silver
(g/t)
Copper
(ppm)
Lead
(ppm)
Zinc
(ppm)
Memot RC25MMT623 633,504 1,317,779 46 225 -60 61 0 8 8 0.53 - - - -
Okvau North RC25OKN037 693,840 1,398,307 142 360 -60 102 13 17 4 1.04 0.06 21 7 25
Okvau North RC25OKN039 693,897 1,398,241 143 360 -60 156 65 67 2 1.77 0.08 1,535 4 47
Memot RC26MMT646 633,380 1,317,902 45 225 -60 67 40 48 8 0.53 - - - -
Memot RC26MMT657 633,327 1,317,920 44 225 -60 67 58 64 6 0.61 - - - -
Memot RC26MMT668 633,521 1,318,008 46 225 -60 67 49 51 2 1.80 - - - -
Memot RC26MMT674 633,584 1,318,035 46 225 -60 67 47 49 2 2.14 - - - -
Memot RC26MMT680 633,531 1,318,053 46 225 -60 67 24 28 4 1.09 - - - -
Memot RC26MMT682 633,548 1,318,071 45 225 -60 67 32 34 2 2.14 - - - -
Memot RC26MMT685 633,513 1,318,070 45 225 -60 67 29 32 3 1.22 - - - -
Memot RC26MMT689 633,549 1,318,106 45 225 -60 37 31 34 3 1.21 - - - -
Memot RC26MMT700 633,707 1,318,088 46 225 -60 7 0 4 4 1.03 - - - -
Memot RC26MMT705 633,689 1,318,106 45 225 -60 67 0 3 3 1.38 - - - -
Memot RC26MMT724 633,601 1,317,664 46 225 -60 66 7 11 4 0.98 - - - -
Memot RC26MMT724 633,601 1,317,664 46 225 -60 66 16 18 2 1.90 - - - -
Memot RC26MMT733 633,680 1,317,743 46 225 -60 64 22 25 3 1.43 - - - -
Memot RC26MMT735 633,592 1,317,690 45 225 -60 42 40 42 2 1.75 - - - -
Memot RC26MMT743 633,663 1,317,761 45 225 -60 54 26 31 5 0.72 - - - -
Memot RC26MMT750 633,610 1,317,743 44 225 -60 56 33 36 3 1.31 - - - -
Memot RC26MMT776 633,574 1,317,778 45 225 -60 66 5 9 4 0.94 - - - -
Memot RC26MMT778 633,513 1,317,752 44 225 -60 66 21 23 2 2.16 - - - -
Memot RC26MMT779 633,522 1,317,761 43 0 -60 66 25 30 5 0.89 - - - -
Memot RC26MMT780 633,530 1,317,770 43 225 -60 66 3 8 5 0.72 - - - -
Memot RC26MMT781 633,539 1,317,779 46 225 -60 48 3 10 7 0.62 - - - -
Memot RC26MMT781 633,539 1,317,779 46 225 -60 48 33 40 7 0.56 - - - -
Memot RC26MMT793 633,566 1,317,840 43 225 -60 66 49 57 8 0.51 - - - -
OPut RC26OPT020 694,657 1,403,971 147 360 -55 138 63 65 2 2.19 0.60 372 4 47
Okvau RCDD25OKV800 694,183 1,396,734 150 313 -63 612 439 443 4 0.92 0.53 361 6 34
Okvau RCDD25OKV801 694,176 1,396,721 150 303 -62 509 419 421 2 1.96 2.00 174 46 275
Okvau RCDD25OKV802 694,211 1,396,755 150 317 -48 420 289 291 2 2.14 0.40 31 15 38
Okvau RCDD25OKV806 694,185 1,396,736 150 313 -62 513 423 426 3 1.26 0.05 120 4 28
Granite Hill RC25GRH213 687,650 1,397,750 145 90 -60 186 167 169 2 1.48 0.40 58 9 18
Memot RC25MMT568 633,822 1,317,955 48 225 -60 26 0 2 2 1.29 - - - -
Memot RC25MMT572 633,857 1,317,991 48 225 -60 16 0 2 2 1.59 - - - -
Memot RC25MMT578 633,734 1,317,832 49 225 -60 27 0 2 2 1.38 - - - -
Memot RC25MMT585 633,796 1,317,893 48 225 -60 61 18 21 3 0.99 - - - -
Memot RC25MMT586 633,804 1,317,902 48 225 -60 67 11 13 2 1.67 - - - -
Memot RC25MMT588 633,734 1,317,796 49 225 -60 44 12 14 2 1.27 - - - -
Memot RC25MMT596 633,734 1,317,761 50 225 -60 42 19 22 3 0.89 - - - -
Memot RC25MMT608 633,645 1,317,708 47 225 -60 7 0 2 2 1.64 - - - -
Memot RC25MMT613 633,628 1,317,796 47 225 -60 36 8 13 5 0.69 - - - -
Memot RC25MMT619 633,619 1,317,823 48 225 -60 34 17 21 4 0.75 - - - -
Okvau North RC25OKN036 693,842 1,398,238 146 360 -60 108 56 59 3 1.09 0.25 600 8 34
Okvau North RC25OKN036 693,842 1,398,238 146 360 -60 108 103 105 2 1.30 0.05 470 3 29

Page 31 of 37

==> picture [140 x 39] intentionally omitted <==

Prospect Hole Name Easting
WGS84
Northing
WGS84
RL Azi Dip End
Depth
(m)
From
(m)
To
(m)
Interval
(m)
Gold
g/t
Silver
(g/t)
Copper
(ppm)
Lead
(ppm)
Zinc
(ppm)
Masawasi RC26MAS001 694,048 1,399,149 190 270 -70 204 72 75 3 1.15 0.27 310 4 23
Memot RC26MMT636 633,407 1,317,858 46 225 -60 67 45 50 5 0.57 - - - -
Memot RC26MMT641 633,398 1,317,885 46 225 -60 35 15 20 5 0.69 - - - -
Memot RC26MMT670 633,548 1,318,035 46 225 -60 55 0 4 4 0.80 - - - -
Memot RC26MMT683 633,557 1,318,079 45 225 -60 67 32 35 3 0.91 - - - -
Memot RC26MMT688 633,539 1,318,097 45 225 -60 67 30 32 2 1.53 - - - -
Memot RC26MMT697 633,724 1,318,070 47 225 -60 61 0 5 5 0.54 - - - -
Memot RC26MMT703 633,672 1,318,088 45 225 -60 54 37 39 2 1.28 - - - -
Memot RC26MMT703 633,672 1,318,088 45 225 -60 54 49 52 3 0.92 - - - -
Memot RC26MMT706 633,698 1,318,114 46 225 -60 61 0 3 3 1.15 - - - -
Memot RC26MMT711 633,680 1,318,132 45 225 -60 44 0 3 3 0.89 - - - -
Memot RC26MMT712 633,689 1,318,141 45 225 -60 23 0 3 3 1.09 - - - -
Memot RC26MMT716 633,672 1,318,158 45 225 -60 36 0 4 4 0.80 - - - -
Memot RC26MMT719 633,636 1,317,663 46 225 -60 34 27 31 4 0.86 - - - -
Memot RC26MMT735 633,592 1,317,690 45 225 -60 42 14 18 4 0.63 - - - -
Memot RC26MMT735 633,592 1,317,690 45 225 -60 42 28 33 5 0.57 - - - -
Memot RC26MMT739 633,627 1,317,725 45 225 -60 35 33 35 2 1.65 - - - -
Memot RC26MMT744 633,672 1,317,770 45 225 -60 66 11 15 4 0.80 - - - -
Memot RC26MMT751 633,619 1,317,752 44 225 -60 18 1 4 3 1.06 - - - -
Memot RC26MMT759 633,689 1,317,822 47 225 -60 66 20 22 2 1.72 - - - -
Memot RC26MMT760 633,698 1,317,832 48 225 -60 66 21 26 5 0.67 - - - -
Memot RC26MMT771 633,530 1,317,735 45 225 -60 66 45 51 6 0.56 - - - -
Memot RC26MMT777 633,583 1,317,787 48 225 -60 66 2 4 2 1.61 - - - -
Memot RC26MMT783 633,557 1,317,796 43 225 -60 66 6 8 2 1.30 - - - -
Okvau North RC26OKN063 692,678 1,398,143 156 180 -55 204 128 133 5 0.58 2.70 124 672 2,086
Okvau RCDD25OKV805 694,320 1,397,046 140 315 -69 343 270 272 2 1.59 0.20 105 5 41
Okvau RCDD25OKV806 694,185 1,396,736 150 313 -62 513 358 362 4 0.71 0.05 41 7 25
Granite Hill RC25GRH213 687,650 1,397,750 145 90 -60 186 66 68 2 1.02 1.40 113 41 29
Memot RC25MMT580 633,761 1,317,858 49 225 -60 19 2 4 2 1.18 - - - -
Memot RC25MMT582 633,770 1,317,867 49 225 -60 67 0 2 2 1.20 - - - -
Memot RC25MMT588 633,734 1,317,796 49 225 -60 44 35 39 4 0.50 - - - -
Memot RC25MMT606 633,663 1,317,690 47 225 -60 67 24 26 2 1.00 - - - -
Memot RC25MMT611 633,698 1,317,761 47 225 -60 41 17 19 2 0.83 - - - -
Memot RC25MMT613 633,628 1,317,796 47 225 -60 36 1 3 2 0.94 - - - -
Memot RC25MMT615 633,645 1,317,814 47 225 -60 67 17 20 3 0.61 - - - -
Okvau RC25OKV808 694,212 1,397,410 136 315 -55 156 113 116 3 0.75 0.53 139 21 38
Masawasi RC26MAS003 694,271 1,399,206 189 280 -75 205 39 42 3 0.67 0.20 357 2 32
Memot RC26MMT631 633,433 1,317,814 47 225 -60 57 22 25 3 0.60 - - - -
Memot RC26MMT634 633,424 1,317,840 46 225 -60 55 28 30 2 0.78 - - - -
Memot RC26MMT639 633,433 1,317,885 48 225 -60 67 57 59 2 1.21 - - - -
Memot RC26MMT670 633,548 1,318,035 46 225 -60 55 36 38 2 1.09 - - - -
Memot RC26MMT671 633,557 1,318,044 46 225 -60 67 29 31 2 1.17 - - - -
Memot RC26MMT672 633,566 1,318,053 46 225 -60 53 31 33 2 1.08 - - - -
Memot RC26MMT673 633,575 1,318,061 46 225 -60 67 2 4 2 1.05 - - - -

Page 32 of 37

==> picture [140 x 39] intentionally omitted <==

Prospect Hole Name Easting
WGS84
Northing
WGS84
RL Azi Dip End
Depth
(m)
From
(m)
To
(m)
Interval
(m)
Gold
g/t
Silver
(g/t)
Copper
(ppm)
Lead
(ppm)
Zinc
(ppm)
Memot RC26MMT702 633,707 1,318,124 46 225 -60 47 2 6 4 0.54 - - - -
Memot RC26MMT707 633,716 1,318,132 46 225 -60 10 7 9 2 1.12 - - - -
Memot RC26MMT710 633,672 1,318,124 45 225 -60 42 0 2 2 1.00 - - - -
Memot RC26MMT713 633,636 1,318,123 45 225 -60 34 0 3 3 0.81 - - - -
Memot RC26MMT715 633,663 1,318,150 45 225 -60 53 0 3 3 0.51 - - - -
Memot RC26MMT727 633,628 1,317,690 47 225 -60 32 12 16 4 0.58 - - - -
Memot RC26MMT738 633,619 1,317,716 45 225 -60 30 0 2 2 1.01 - - - -
Memot RC26MMT741 633,645 1,317,744 45 225 -60 45 38 42 4 0.59 - - - -
Memot RC26MMT743 633,663 1,317,761 45 225 -60 54 8 11 3 0.75 - - - -
Memot RC26MMT749 633,601 1,317,734 45 225 -60 25 7 9 2 1.22 - - - -
Memot RC26MMT756 633,663 1,317,797 46 225 -60 66 39 41 2 0.88 - - - -
Memot RC26MMT756 633,663 1,317,797 46 225 -60 66 44 48 4 0.56 - - - -
Memot RC26MMT756 633,663 1,317,797 46 225 -60 66 55 58 3 0.57 - - - -
Memot RC26MMT759 633,689 1,317,822 47 225 -60 66 8 11 3 0.71 - - - -
Memot RC26MMT762 633,662 1,317,831 47 225 -60 66 10 14 4 0.61 - - - -
Memot RC26MMT770 633,619 1,317,787 46 225 -60 33 4 8 4 0.53 - - - -
Memot RC26MMT778 633,513 1,317,752 44 225 -60 66 49 53 4 0.61 - - - -
Memot RC26MMT779 633,522 1,317,761 43 0 -60 66 3 5 2 0.82 - - - -
Memot RC26MMT779 633,522 1,317,761 43 0 -60 66 51 53 2 0.98 - - - -
Memot RC26MMT789 633,530 1,317,805 46 225 -60 55 1 4 3 0.62 - - - -
OPut RC26OPT028 695,502 1,404,472 142 360 -55 144 115 118 3 0.69 0.80 40 6 49
Okvau RCDD25OKV800 694,183 1,396,734 150 313 -63 612 127 129 2 0.87 0.55 70 13 44
Okvau RCDD25OKV800 694,183 1,396,734 150 313 -63 612 524 527 3 0.81 0.12 521 5 36
Okvau RCDD25OKV802 694,211 1,396,755 150 317 -48 420 364 367 3 0.54 0.05 219 5 31
Okvau RCDD25OKV804 694,331 1,397,108 131 315 -70 322 310 312 2 1.22 0.55 329 11 34
Okvau RCDD25OKV811 694,419 1,397,029 167 311 -64 469 332 334 2 1.14 - - - -
Okvau RCDD25OKV811 694,419 1,397,029 167 311 -64 469 434 436 2 0.98 - - - -

Page 33 of 37

==> picture [140 x 39] intentionally omitted <==

Appendix Four | JORC Code, 2012 Edition | ‘Table 1’ Report

Section 1 Sampling Techniques and Data from New Significant Intercepts on the Okvau Gold Mine, Okvau Near Mine and Memot Drill Programs

(Criteria in this section apply to all succeeding sections)

Criteria JORC Code explanation Commentary
Sampling
techniques

Nature and quality of sampling (e.g. cut channels,
random chips, or specific specialised industry
standard measurement tools appropriate to the
minerals under investigation, such as down hole
gamma sondes, or handheld XRF instruments, etc).
These examples should not be taken as limiting the
broad meaning of sampling.

Include reference to measures taken to ensure
sample
representivity
and
the
appropriate
calibration of any measurement tools or systems
used.

Aspects of the determination of mineralisation
that are Material to the Public Report.

In cases where ‘industry standard’ work has been
done this would be relatively simple (e.g. ‘reverse
circulation drilling was used to obtain 1 m samples
from which 3kg was pulverised to produce a 30g
charge for fire assay’). In other cases, more
explanation may be required, such as where there
is coarse gold that has inherent sampling
problems. Unusual commodities or mineralisation
types (e.g. submarine nodules) may warrant
disclosure of detailed information.

Standards are inserted at regular intervals in sample batches to
test laboratory performance.

For the recent exploration drilling, reverse circulation (RC)
drilling is used to collect both a 4m composite and 1m samples
in the pre-collar. The 4m program composited are taken from
the excess bagged material off the cone splitter taken every 1m.
A spear sampling technique is then used to produce a 3-5kg
composite sample. The 1m samples are split with a cone splitter
or three staged riffle splitter at the drill rig to produce a 2-5kg
sub-sample. One metre samples were submitted for assay
following interpretation of four metre composite results to
refine zones of mineralisation. Where mineralisation was
visually identified based on anomalous sulphides, diagnostic
ore bearing sulphide species, or favourable alteration, one
metre samples were submitted directly, bypassing composite
sampling.

Diamond core was sampled using half-core where the core is
cut in half down the longitudinal axis and sample intervals were
determined by the geologist based on lithological contacts,
with 80% of the sample intervals being 1 metre in length. In
areas
of
no
mineralised
(negligible
amounts
of
alteration/sulphides typically present with mineralisation) a 2m
composite was submitted.

The Exploration drill samples preparation is carried out at a
commercial off-site laboratory (ALS Phnom Penh). Gold assays
are conducted at ALS Vientiane, Laos utilising a 50gram
subsample of 85% passing 75µm pulped sample using Fire
Assay with AAS finish on and Aqua Regia digest of the lead
collection button. Multi-element assay is completed at ALS,
Perth, Australia on a 1g pulp subsample digested by Aqua
Regia and determined by ICP-AES or ICP-MS for lowest
available detection for the respective element.

Historical drilling results in this ASX release refer to historical
drilling records from OZ minerals completed in before 2010.
Historical RC drillingsamples were through a cyclone on a 1
Drilling techniques
Drill type (e.g. core, reverse circulation, open-hole
hammer, rotary air blast, auger, Bangka, sonic, etc)
and details (e.g. core diameter, triple or standard
tube, depth of diamond tails, face-sampling bit or
other type, whether core is oriented and if so, by
what method, etc).

A track mounted UDR650 rig is used to drill 5.5-inch RC
precollar holes along with Schramm T450WS/BH mounted on
tracked drill rig is used to drill 5.51-inch RC collars and a LF90
rig is used to drill NQ2 diamond Core.

Recent drilling used a REFLEX survey tool to survey hole
deviation. A typical downhole survey was taken at 12m depth
and then every 30m to the end of hole. Surveying of RC holes
utilises 6m of stainless drill rod to negate the magnetic
interference from the rod string and hammer assembly. All
readings showed that down hole were within acceptable limits.

The except to the above statement, is all Okvau diamond holes
were downhole surveyed using a gyroscopic survey tool (a
REFLEX GYRO SPRINT-IQ™). A typical downhole survey was
taken at 10m depth to the end of hole. All readings showed
that down hole deviationswerewithinacceptablelimits.
Drill
sample
recovery

Method of recording and assessing core and chip
sample recoveries and results assessed.

Measures taken to maximise sample recovery and
ensure representative nature of the samples.

Whether a relationship exists between sample
recovery and grade and whether sample bias may
have occurred due to preferential loss/gain of
fine/coarsematerial.

All RC 1m samples and sub-samples (pre- and post-split) are
weighed at the rig, to check that there is adequate sample
material for assay. Any wet or damp samples are noted and
that information is recorded in the database; samples are
usually dry.

The drilling results relate to historical sampling results. Drill
recoveries are not known.
Logging
Whether core and chip samples have been
geologically and geotechnically logged to a level
of detail to support appropriate Mineral Resource
estimation, mining studies and metallurgical
studies.

Whether logging is qualitative or quantitative in
nature.
Core
(or
costean,
channel,
etc)
photography.

The total length and percentage of the relevant
intersections logged.

All RC chips and diamond core is routinely logged
(qualitatively) by a geologist, to record details of regolith
(oxidation), lithology, structure, mineralisation and/or veining,
and alteration. In addition, the magnetic susceptibility of all
samples is routinely measured. All logging and sampling data
are captured into a database, with appropriate validation and
security features.

Standard field data are similarly recorded (qualitatively)
routinely by a geologist for all soil sampling sites.

Emerald cannot verify the detail and full scope of the historical
logging from the available reports.

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Criteria JORC Code explanation Commentary
Sub-sampling
techniques
and
sample preparation

If core, whether cut or sawn and whether quarter,
half or all core taken.

If non-core, whether riffled, tube sampled, rotary
split, etc and whether sampled wet or dry.

For all sample types, the nature, quality and
appropriateness
of
the
sample
preparation
technique.

Quality control procedures adopted for all sub-
sampling stages to maximise representivity of
samples.

Measures taken to ensure that the sampling is
representative of the in-situ material collected,
including
for
instance
results
for
field
duplicate/second-half sampling.

Whether sample sizes are appropriate to the grain
size of the material being sampled.

Most samples are dry and there is no likelihood of
compromised results due to moisture.

All samples were prepared for assay at the NATA accredited
ALS Cambodia sample preparation facility in Phnom Penh; and
that facility has been inspected, at the request of the Company,
numerous times and most recently by Mr Keith King in March
2026. Samples are dried for a minimum of 12 hours at 105˚C.

This sample technique is industry standard and is deemed
appropriate for the material.

The historical data available to Emerald is such that Emerald
cannot reliably confirm that the historical RC samples were dry
and free of free of significant contamination. Emerald cannot
specifically confirm that the RC drilling results have not been
compromised due to excessive moisture of contamination.

The historical data available is such that Emerald cannot reliably
confirm the specific subsampling techniques and sample
preparation used to generate samples to be sent for assay. It
is not known whether a subsample was retained as a geological
record.

No review of historic sampling practices has been completed
nor was possible from the data available to Emerald for this
announcement.
Quality
of
assay
data and laboratory
tests

The nature, quality and appropriateness of the
assaying and laboratory procedures used and
whether the technique is considered partial or
total.

For geophysical tools, spectrometers, handheld
XRF instruments, etc, the parameters used in
determining the analysis including instrument
make and model, reading times, calibrations
factors applied and their derivation, etc.

Nature of quality control procedures adopted (e.g.
standards, blanks, duplicates, external laboratory
checks) and whether acceptable levels of accuracy
(i.e. lack of bias) and precision have been
established.

All samples are sent to the NATA accredited ALS Laboratory in
Vientiane, Laos, for single Aqua Regia digest with a 50g charge
with an ICP-MS finish. Samples are sent to the similarly
accredited ALS Lab in Brisbane, Australia and ALS Lab Perth,
Australia, for multi-element ICP analysis, after partial extraction
by aqua regia digest then via a combination of ICP-MS and ICP-
AES. This method has a lower detection limit of 1ppm gold. If
the Au result is greater than 100ppm Au then sample is assayed
by a 50g gravimetric analysis with a high upper detection limit.

Industry-standard QAQC protocols are routinely followed for
all sample batches sent for assay, which includes the insertion
of commercially available pulp CRMs and pulp blanks into all
batches - usually 1 of each for every 20 field samples.
Additional blanks used are home-made from barren quarry
basalt. QAQC data are routinely checked before any associated
assay results are reviewed for interpretation, and any problems
are investigated before results are released to the market - no
issues were raised with the results reported here.

All assay data, including internal and external QAQC data and
control charts of standard, replicate and duplicate assay results,
are communicated electronically.

Drill samples for the historical results followed the above
assaying methodology except the sample preparation occurred
intheALSLaboratoryin Vientiane,Laos.
Verification
of
sampling
and
assaying

The verification of significant intersections by
either independent or alternative company
personnel.

The use of twinned holes.

Documentation of primary data, data entry
procedures,
data
verification,
data
storage
(physical and electronic) protocols.

Discuss any adjustment to assay data.

All field data associated with sampling, and all associated assay
and analytical results, are archived in a relational database, with
industry-standard verification protocols and security measures
in place.

The calculations of all significant intercepts (for drill holes) are
routinely checked by senior management.

All field data associated with drilling and sampling, and all
associated assay and analytical results, are archived in a
relational
database,
with
industry-standard
verification
protocols and security measures in place.

Historical sampling and assay verification processes are
unknown.

No sample recording procedures are known for reported data
from historic drilling.
Location of data
points

Accuracy and quality of surveys used to locate drill
holes (collar and down-hole surveys), trenches,
mine workings and other locations used in Mineral
Resource estimation.

Specification of the grid system used.

Quality and adequacy of topographic control.

Whilst, all sample locations are first surveyed with a hand-held
GPS instrument (which generates relatively inaccurate RL
values), not all samples were in situ. All locations are surveyed
to WGS84 as specified in Appendix Three.

Drill hole collar locations are first surveyed with a hand-held
GPS instrument (which generates relatively inaccurate RL
values). The locations of all holes used in Mineral Resource
estimates are verified or amended by survey using a differential
GPS by and external contractor with excellent accuracy in all
dimensions using a local base station reference).

The newly reported collars of holes drilled have been picked
up by a licenced surveyor with DGPS equipment.

Down-hole surveys are routinely undertaken at 30m intervals
for all types of drilling, using a single-shot or multi-shot REFLEX
survey tool (operated by the driller and checked by the
supervising geologist).

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Criteria JORC Code explanation Commentary
Data spacing and
distribution

Data spacing for reporting of Exploration Results.

Whether the data spacing and distribution is
sufficient to establish the degree of geological and
grade continuity appropriate for the Mineral
Resource and Ore Reserve estimation procedure(s)
and classifications applied.

Whether sample compositing has been applied.

This drill spacing is considered to be sufficient to establish
geological and grade continuity appropriate for the
declaration of estimates of resources.
Orientation of data
in
relation
to
geological structure

Whether the orientation of sampling achieves
unbiased sampling of possible structures and the
extent to which this is known, considering the
deposit type.

If the relationship between the drilling orientation
and the orientation of key mineralised structures is
considered to have introduced a sampling bias,
this should be assessed and reported if material.

Drill holes are usually designed to intersect target structures
with a “close-to-orthogonal” intercept.

Drilling has been done at various orientations.

Most of the drill holes intersect the mineralised zones at
sufficient angle for the risk of significant sampling orientation
bias to be low.

Soil sampling grids are of appropriate orientation to cover the
observedmineralisation.
Sample security
The measures taken to ensure sample security.

The chain of custody for all drill samples from the drill rig and
soil/auger samples from the field to the ALS Sample
Preparation facility in Phnom Penh is managed by Renaissance
personnel. Drill samples are transported from the drill site to
the Okvau exploration core farm, where they are logged and
all samples are batched up for shipment to Phnom Penh.

Sample submission forms are sent to the ALS Sample Prep
facility in paper form (with the samples themselves) and also
as an electronic copy. Delivered samples are reconciled with
the batch submission form prior to the commencement of any
sample preparation.

ALS is responsible for shipping sample pulps from Phnom Penh
to the analytical laboratories in Vientiane, Brisbane and Perth
and all samples are tracked via their Global Enterprise
Management System.

All bulk residues are stored permanently at the ALS laboratory
in Phnom Penh or at a company leased storage area in the
Memot town.

No information is available regarding sample security
proceduresforthehistoricaldrillingresultsreported.
Audits or reviews
The results of any audits or reviews of sampling
techniques and data.

All QAQC data are reviewed routinely, batch by batch, and on
a quarterly basis to conduct trend analyses, etc. Any issues
arising are dealt with immediately and problems resolved
before results are interpreted and/or reported.

Comprehensive QAQC audits have been routinely conducted
but the various competent persons as part of each resource
estimating process.

Keith King completed his most recent site visit and lab audit of
the ALS Phnom Penh and Vientiane facilities in March 2026.

No review has been completed due to data availability for
historical drilling.

Section 2 Reporting of Exploration Results from New Significant Intercepts – Okvau, Okvau Near Mine and Memot Drill Programs

(Criteria listed in the preceding section also apply to this section)

Criteria Explanation Commentary
Mineral
tenement
and
land
tenure
status

Type, reference name/number, location and
ownership including agreements or material issues
with third parties such as joint ventures,
partnerships, overriding royalties, native title
interests, historical sites, wilderness or national
park and environmental settings.

The security of the tenure held at the time of
reporting along with any known impediments to
obtaining alicence to operateinthe area.

The Okvau, Oktung and Memot licences are held (100%) in the
name of Renaissance Minerals (Cambodia) Limited which is a
wholly owned subsidiary of Emerald Resources NL (EMR).

The tenure is considered to be secure.
Exploration done by
other parties

Acknowledgment and appraisal of exploration by
other parties.

Exploration on the Okvau licence has been completed by
previous explorers; Oxiana and Oz Minerals including soil
sampling, geophysical data collection and drilling.
Geology
Deposit type, geological setting and style of
mineralisation.

Gold occurrences within the licences are interpreted as either
a “intrusion-related gold system” or “Porphyry” related
mineralisation. Gold mineralisation is hosted within quartz
and/or sulphide veins and associated within or proximal
distance to a Cretaceous age diorite.

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Criteria Explanation Commentary
Drill hole Information
A summary of all information material to the
understanding of the exploration results including
a tabulation of the following information for all
Material drill holes:
-easting and northing of the drill hole collar;
-elevation or RL (Reduced Level–elevation
above sea level in meters) of the drill hole
collar;
-dip and azimuth of the hole;
-down hole length and interception depth;
-hole length.
If the exclusion of this information is justified on
the basis that the information is not Material and
this exclusion does not detract from the
understanding of the report, the Competent
Person should clearly explain why this is the case.

Details of significant drilling in Appendix Three.
Data aggregation
methods

In
reporting
Exploration
Results,
weighting
averaging techniques, maximum and/or minimum
grade truncations (e.g. cutting of high grades) and
cut-off grades are usually Material and should be
stated.

Where aggregate intercepts incorporate short
lengths of high-grade results and longer lengths of
low-grade results, the procedure used for such
aggregation should be stated and some typical
examples of such aggregations should be shown
in detail.

The assumptions used for any reporting of metal
equivalentvalues should be clearly stated.

No high-grade top cuts have been applied.

The reported significant intersections in Appendix Three are
above 2 gram metre Au intersections and allow for up to 4m
of internal dilution with a lower cut trigger values of greater
than 0.5g/t Au. Cu, Pb and Zn significant intersections allow
for up to 4m of internal dilution with a lower cut trigger values
of greater than 2,000ppm Cu, Pb or Zn.
Relationship between
mineralisation widths
and intercept lengths

These relationships are particularly important in
the reporting of Exploration Results.

If the geometry of the mineralisation with respect
to the drill hole angle is known, its nature should
be reported.

If it is not known and only the down hole lengths
are reported, there should be a clear statement to
this effect (e.g. ‘down hole length, true width not
known’).

All reported intersections are down hole lengths. True widths
are unknown and vary depending on the orientation of target
structures.
Diagrams
Appropriate maps and sections (with scales) and
tabulations of intercepts should be included for
any significant discovery being reported These
should include, but not be limited to, a plan view
of drill hole collar locations and appropriate
sectional views.

Appropriate maps and sections are included in the body of
this release.
Balanced reporting
Where comprehensive reporting of all Exploration
Results is not practicable, representative reporting
of both low and high grades and/or widths should
be practiced to avoid misleading reporting of
Exploration Results.

All significant drilling results being intersections with a
minimum 2 gram metre values are reported in Appendix
Three.
Other
substantive
exploration data

Other exploration data, if meaningful and material,
should be reported including (but not limited to):
geological
observations;
geophysical
survey
results; geochemical survey results; bulk samples–
size and method of treatment; metallurgical test
results; bulk density, groundwater, geotechnical
and rock characteristics; potential deleterious or
contaminating substances.

All mineralisation is associated with visible amounts of
pyrrhotite, arsenopyrite, pyrite or chalcopyrite.
Further work
The nature and scale of planned further work (e.g.
tests for lateral extensions or depth extensions or
large-scale step-out drilling).

Diagrams clearly highlighting the areas of possible
extensions,
including
the
main
geological
interpretations and future drilling areas, provided
thisinformation isnot commercially sensitive.

Further drilling programs are being planned on
additional nearby targets.

Additional drilling programs are being planned across all
exploration licences.

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