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EMERALD RESOURCES NL — Interim / Quarterly Report 2026
Apr 9, 2026
64849_rns_2026-04-09_5cbd4d48-5966-4072-9ae2-139cdd0ed991.pdf
Interim / Quarterly Report
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ASX Announcement & Media Release
10 April 2026
Fast Facts
ASX Code: EMR Shares on issue: 660,645,844 Market Cap: ~A$4.1B 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
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March 2026 Quarterly Production Update
Emerald Resources NL (ASX: EMR) (“ Emerald ” or “ Company ”) advises that the Company’s 100% owned Okvau Gold Mine in Cambodia (“ Okvau ”) produced 26,269oz of gold during the March 2026 Quarter.
Highlights
Okvau Gold Mine Operations, Cambodia (EMR 100%)
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Okvau gold production for the March 2026 Quarter of 26,269oz with gold poured of 26,622oz;
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Gold sales for the March 2026 Quarter of 26,318oz at an average of US$4,875/oz;
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Gold doré of 5,830oz remain on hand ahead of refinery outturn;
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Indicative AISC for the March 2026 Quarter is anticipated to be at the lower end of guidance ~US$900/oz; and
Limited exposure to global fuel price volatility
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
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Okvau Gold Mine commissioned on time on budget in 2021;
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~495Koz gold produced project to date
Growth
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Significant exploration and resource growth potential in Cambodia:
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Okvau Gold Mine reserve expansion;
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Memot Project (100%) open pit indicated and inferred resource of 45.0Mt @ 1.2g/t Au for 1.7Moz
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1,190km[2] of prospective tenure
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Significant exploration and resource growth potential in Australia:
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Dingo Range Gold Project located on the underexplored Dingo Range greenstone belt
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Dingo Range open pit measured, indicated and inferred resource of 40.9Mt @ 1.1g/t Au for 1.41Moz
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1,110km[2] of prospective tenure
ESG
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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.
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Commitment to carbon neutral operations in Cambodia
Registered Office 1110 Hay Street West Perth WA 6005
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The impact of recent global fuel price increases was only partially felt during the Quarter (primarily in March 2026) and had a minimal overall effect on operating costs due to the processing plant’s use of grid power rather than diesel generation. Diesel prices increased from approximately US$0.80/l in January–February to US$1.45/l in March, with the rise of US$0.65/l resulting in an increase of approximately 10% in AISC for the month of March, primarily related to earthmoving activities. MOPS (Mean of Platts Singapore – barrel price) pricing during March ranged from US$115 to US$252, with the most recent price easing to US$198.
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The contracted fuel supplier to the Okvau Gold Mine has confirmed that it has secured a guaranteed diesel supply through to early June 2026 and will continue to provide regular updates regarding extensions to the secured supply period.
Health and Safety
- Group TRIFR (including Dingo Range Gold Project), 12 month moving average of 0.00 as at end of March 2026 Quarter.
Financial and Corporate
- Cash, bullion and listed investments on hand of A$399.3 million (US$273.3 million) at the end of the March 2026 Quarter after FY25 Cambodian corporate tax payment of US$49.8 million.
A comprehensive update of operations and exploration activities will be provided in the March 2026 Quarterly Report to be released later this month.
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
T: +61 8 9286 6300 F: +61 8 6243 0032 W: www.emeraldresources.com.au
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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.
No New Information
To the extent that announcement contains references to prior exploration results and Mineral Resource 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 that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially change.
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