GREAT DIVIDE MINING LTD — Capital/Financing Update 2025

Oct 20, 2025

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ASX Release

21 October 2025

DRILLING CONTINUES TO INTERCEPT ANTIMONY AT COONAMBULA

This critical mineral discovery puts DTM as a potential candidate to deliver on the Australia-USA critical minerals pact signed overnight by US President Donald Trump and Australian Prime Minister Anthony Albanese, which will see Australia and USA invest $4.6 billion over the next six months into mining & processing projects as well as set a minimum price floor for critical minerals.

Dart Mining NL ( ASX:DTM ) ( Dart Mining or the Company ) is pleased to announce ongoing drilling success at the Coonambula Antimony-Gold Project located in Central Queensland. The project is a Farm-In Joint Venture agreement with Great Divide Mining ( ASX:GDM )(ASX: DTM 12 Mar 2025). HIGHLIGHTS

• Visual Antimony mineralisation intersected in holes CNDD002 & CNDD003

• CBADD002

  • 1.4m @ estimated 5% Stibnite from 134.5

  • Including 0.3m at an estimated 80% Stibnite

  • 1.8m hydrothermal breccia zone from 170.2m with Stibnite in the matrix

• CBADD003

  • Approximately 1.1m @ 25% Stibnite from 131.3m

  • Including 0.2m @ 95% Stibnite from 131.6m

Dart Mining’s Chairman, James Chirnside, commented: “Drilling Continues to intersect antimony mineralisation at Coonambula, with massive Stibnite intersected in veining from drill holes 1, 2 and 3 in line with our geological interpretation. The Company is eager to continue the diamond drilling program across the Banshee Site, whilst awaiting first assays to be returned, and released to the market.”

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Figure 1: Wet drill core from 131.65m depth from CBADD003. Massive stibnite on the left of the core, with laminated quartz and stibnite to the right. Drill core contains an estimated 0.2m with 95% Stibnite, with a surrounding 0.9m of 10% Stibnite in Quartz. Logging is underway, with sampling and the return of assays expected in November.

Contact: James Chirnside Webpage: www.dartmining.com.au Email: jchirnside@dartmining.com.au LinkedIn: Dart Mining NL Mobile: +61 447 447 613 Twitter: @DartMining

Dart Mining NL ABN: 84 119 904 880 Level 6, 412 Collins Street Melbourne VIC 3000

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Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations

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Figure 1: Location plan showing planned hole locations and preliminary interpretation of mineralisation

Drilling has continued to progress rapidly at Coonambula and nearing the completion of hole 3. All holes to date have intersected antimony mineralisation in line with interpretation.

Antimony mineralisation is presenting as massive stibnite veining, with proximal disseminated stibnite in laminated quartz veins along major structures as shown in Figure 1 above and Figure 3 below. As previously reported the first hole, CBADD001, intersected mineralisation 0.6m of massive sulphide observed to be approximately 70% Stibnite at 42m. A second zone of stibnite massive sulphide veining was intersected at 70m downhole (ASX: DTM 2 Oct 2025). Assay results are expected to be returned in November.

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Figure 3: Massive Stibnite from CBADD002 showing massive stibnite Vein between 134.5 to 134.8 with estimated 80% Stibnite. Assays expected in November.

Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations

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Figure 4: Cross section showing locations of visible mineralisation from CBADD002 and CBADD003.

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Figure 3 : GDM and DTM Staff and Directors (Left to right Justine Haines (GDM CEO), James Chirnside (DTM Chair and MD), Paul Ryan (GDM Chair) discuss drilling progress with Anthony Sleeman, Head of drilling for Dart Mining at the Coonambula project.

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COONAMBULA ANTIMONY-GOLD PROJECT

The Coonambula Antimony-Gold Project ( Coonambula or Project ) is located approximately 390km by road north-northwest of Brisbane, Queensland. Coonambula is 70km southeast of the multi-millionounce Cracow gold mine and 25km southwest of the Eidsvold goldfield (Figure 3). The Project is comprised of five granted Exploration Permits: EPM 15203, EPM 16216, EPM 25260, EPM 26743 and EPM 28433 covering 282 sq.km., and application EPM 29186 covering an area of 227sq.km.

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Figure 4: Project Location Plan.

Project Highlights:

• Highlights from 2014 drilling as per the GDM Prospectus (ASX: GDM Prospectus 2023) :

• 3m @ 9.18% Sb in hole CNRC03 from 158m including 1m @ 20% Sb from 158m

• 6m @ 5.12% Sb & 1.55g/t Au in hole CNRC04 from 77m

• 3m @ 1.50% Sb & 8.53g/t Au in hole CNRC05 from 18m

• Dart Mining rock chip sampling revealed high grade antimony, gold and silver (DTM ASX Announcement 10 Oct 2025) Assays received across 9 samples of float and in situ veins across the historic Banshee antimony mine area include:

• Antimony results up to 65.3% Sb and 55.5% Sb

• Gold grades up to 17.0g/t Au and 15.05g/t Au

• Silver assays up to 97.9g/t AG and 66.7g/t Ag

• Surface trenching includes 4m@ 3.09g/t Au and 1.14% Sb and 1m @ 6.15 g/t Au and 3.1% Sb. While trenching, selective rock chips returned 3.65g/t Au with 23.9% Sb , and 9.93g/t Au with 7.56% Sb ( ASX: GDM Nov 2024 ).

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Figure 5: NQ drill core from 131.45m depth from CBADD003. Massive stibnite on the right of the core from 131.6m, with quartz and stibnite to the left. Detailed logging and sampling are underway, assays expected in November.

Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations.

Geology – New England Fold Belt geology hosts high grade quartz veins containing Sb-Au at Hillgrove and Wild Cattle Creek in NSW, and Antimony at Neardie near Gympie QLD. Mineralisation at Coonambula is hosted within intrusive granodiorites and holds the potential to host a large intrusion related gold system, with attractive magnetic signature and structural geology.

Two distinct types of reef mineralisation occur: Gold associated with arsenopyrite in quartz and highgrade antimony with calcite in quartz. Disseminated stibnite is recorded in the gold lodes (Malnic, 1985).

Banshee is one of the largest historical antimony mining complexes in Central Queensland, located 70km Southeast of the Cracow gold mine and 25km SW of Eidsvold. Banshee is a historic high-grade direct shipping ore antimony mine (worked variously between 1876 and 1983, The Banshee Mine when reopened in 1983 produced 20t of ore containing 4t of Antimony ( GDM Prospectus 2023 ). 12 RC and 1 diamond drill hole have been drilled over 650m of strike length at Banshee.

Directly east of Banshee lies another Antimony-Gold prospect called Lady Mary (previously called Lady May). This prospect lies 1km along strike from Banshee, potentially along the same E-W Banshee structure. Surface rock chip samples from old mine dumps at Lady Mary have returned up to 49.6% Sb and 1.3 g/t Au ( GDM Sep 2024 ). The area between Banshee and Lady Mary has not yet been explored and is a high priority target being assessed by the current IP survey.

The Perseverance mine was mined to 132m depth with mining widths up to 10m wide ( GDM Prospectus 2023 ). Past production of gold from the mine was reported as 20kt @ 20g/t Au (Malnic, 1985) however only 3 drill holes have been completed to date.

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Total strike of the prospective antimony-gold-silver zone is approximately 5km with historic mines either side of Banshee. Lady Mary located 900m east of Banshee with additional historic mines occurring some 3km west of Banshee giving a potential E-W strike of 5km. Individual high grade antimony shoots are interpreted as having a strike length of 30-100m each based upon Banshee drilling where 3 shoots of this length exist in the central core zone.

In GDM’s 2023 prospectus ( GDM Prospectus 2023 ) consulting company Derisk stated that it: “ Considers that the Coonambula project tenements are prospective for mesothermal vein and stockwork gold and gold-antimony deposits, as well as intrusion-related and epithermal gold deposits. Most work at this project has focused on areas in and around historical mine workings. Derisk considers there is potential to define extensions or repetitions of known mineralisation at some of the historical workings. There is also potential to discover new mineralisation but exploration for these targets is at a very early stage. ”

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Figure 2: Breccia zone example from 171.0-171.2m in CBADD002. Sulphides are present within the breccia matrix, breccia clasts are largely quartz. Logging and sampling have been completed and the return of assays is expected in November.

Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations.

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Figure 10 - Banshee drill results plan and 2024 trenching results (ASX: GDM to Farm-Out Coonambula Antimony-Gold Project - Mar 2025)

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Figure 11: Coonambula geology and key prospects (GDM Prospectus 2023)

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NEXT STEPS

Dart Mining will progress farm-in exploration at Coonambula. In the first year of the farm-in Dart Mining intends to:

• Complete and interpret IP Survey results.

• Continue to drill and test the Banshee Antimony-gold trend

• Conduct channel sampling across in-situ exposures of the mineralised zone

• Refine the drill plan on results of IP Survey, with additional drilling targets expected to be generated

• Develop a 3D model of the Banshee mineralisation and, if possible, declare a JORC (2012) Resource based upon the drilling results.

Approved for release by the Board of Directors.

For more information contact: James Chirnside Owen Greenberger Managing Director Head of Exploration / Investor Relations Dart Mining NL Dart Mining NL jchirnside@dartmining.com.au ogreenberger@dartmining.com.au +61 419 605 842 InvestorHub Link

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About Dart Mining

The Triumph Gold Project is Dart’s first step into an advanced intrusion related gold system project in Queensland. Dart will look to develop a regional presence in Queensland through advanced stage intrusion related and epithermal gold projects. Dart is farming into the Coonambula Antimony-Gold Project in Central Queensland. Dart Mining will continue to evaluate several historic goldfields in Central and Northeast Victoria including the Rushworth Goldfield and the new porphyry and lithium province in Northeast Victoria identified by Dart. The area is prospective for precious, base, and strategic metals. Dart Mining has built a strategic and highly prospective gold exploration portfolio in Central and Northeast regions of Victoria, where historic surface and alluvial gold mining indicates the existence of potentially large gold endowment.

Competent Person’s Statement

The information in this report has been prepared, compiled, and verified by Mr. Owen Greenberger (B.Sc. Geology), a Competent Person who is a Member of the Australian Institute of Geoscientists. Mr. Greenberger is Head of Exploration for Dart Mining. Mr. Greenberger has sufficient experience that is relevant to the style of mineralisation and type of deposits under consideration and to the activity being undertaken 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. Greenberger takes responsibility for the exploration results, and consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Forward-Looking Statement

Certain statements contained in this document constitute forward-looking statements. Forward-looking statements include, but are not limited to, Dart Mining’s current expectations, estimates and projections about the industry in which Dart Mining operates, and beliefs and assumptions regarding Dart Mining’s future performance. Such forward-looking statements are based on a number of estimates and assumptions made by the Company and its consultants in light of experience, current conditions and expectations of future developments which the Company believes are appropriate in the current circumstances. When used in this document, words such as; “anticipate”, “could”, “intends”, “estimate”, “potential”, “plan”, “seeks”, “may”, “should”, and similar expressions are forward-looking statements. Although Dart Mining believes that its expectations presented in these forward-looking statements are reasonable, such statements are subject to known and unknown risks, uncertainties and other factors, which may cause the actual results, achievements and performance of the Company to be materially different from the future results and achievements expressed or implied by such forward-looking statements. Investors are cautioned that forward-looking information is no guarantee of future performance and accordingly, investors are cautioned not to place undue reliance on these forward-looking statements.

No new information has been included in this release, all exploration results have been previously reported by Great Divide Mining (ASX: GDM) and are available on their website. Dart Mining is not aware of any new information or data that materially affects the information included in the original announcements.

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APPENDIX 1:

Table 1.1: Collar Details

Hole ID	Easting GDA 94 (MGA zone 56)	Northing GDA 94 (MGA zone 56)	RL	Azimuth	Dip	Depth	Status
CBADD002	291874.414	7173933.002	236.31	160	-65	212	Complete
CBADD003	291853.379	7173930.248	232.14	150	-55	~164	Inprogress

Table 1.2: Mineralisation logging Details

Hole ID	From	To	Width (m)	Mineral	Mineralisation Style	Mineral (%)	Comments
CBADD001	42	42.6	0.6	Stibnite	Vein	70	Massive SB VN
CBADD001	42.6	45.4	2.8	Pyrite	Disseminated	0.1
CBADD001	45.4	46.1	0.7	Stibnite	Vein	2
CBADD001	46.1	68.75	22.65	Pyrite	Vein & Disseminated	0.2	Trace Pyin VNs and Disseminated
CBADD001	68.75	69.15	0.4	Stibnite	Vein	50	Massive SB VN
CBADD002	25.5	53.6	28.1	Pyrrhotite	Vein	0.1
CBADD002	64.3	65.5	1.2	Pyrite	Disseminated	0.1	Fine grained weakly disseminated sulphides in meter scale xenolith
CBADD002	77.5	77.65	0.15	Pyrite	Disseminated	0.2	Sulphides in Chl At altered Xenolith
CBADD002	90.45	90.75	0.3	Pyrite	Disseminated	0.2	Sulphides in Chl At altered Xenolith
CBADD002	99.2	99.6	0.4	Pyrite	Disseminated	0.2	Sulphides in Chl At altered Xenolith
CBADD002	134	135.4	1.4	Stibnite	Vein & Disseminated	5	Mineralized VN with disseminated sulphides in strongSER
CBADD002	153.85	157	3.15	Pyrite	Disseminated	0.2
CBADD002	170.2	172	1.8	Stibnite	Vein & Disseminated	2	Mineralized VN with SB and strongSER selvage
CBADD003	131.25	131.6	0.35	Stibnite	Vein & Disseminated	5
CBADD003	131.6	131.8	0.2	Stibnite	Vein	50
CBADD003	131.8	132.45	0.65	Stibnite	Vein & Disseminated	3
CBADD003	100.9	101.45	0.55	Stibnite	Vein & Disseminated	1

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APPENDIX TWO

JORC Code, 2012 Edition – Table 1 report template

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

Criteria	JORC Code explanation	Commentary	Commentary
Sampling	• Nature and quality of sampling (eg cut	•	No sampling or results for the
techniques	channels, random chips, or specific specialised industry standard measurement tools appropriate to the		current drilling are reported and is not applicable
	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 (eg ‘reverse circulation drilling
	was used to obtain 1 m samples from
	which 3 kg was pulverised to produce a
	30 g 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 (eg submarine
	nodules) may warrant disclosure of
	detailed information.
Drilling	• Drill type (eg core, reverse circulation,	•	Standard tube NQ diamond drilling
techniques	open-hole hammer, rotary air blast,		was utilised with bottom of hole
	auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face- sampling bit or other type, whether core		core orientation completed every run. An Axis orientation tool was utilised.
	is oriented and if so, by what method,
	_etc). _
Drill	• Method of recording and assessing core	•	Core recoveries for DD was
sample	and chip sample recoveries and results		recorded by measuring the total
recovery	assessed.		amount of core between each core
	• Measures taken to maximise sample recovery and ensure representative nature of the samples. • Whether a relationship exists between		block. This was then compared to the recovery noted on the core block by the driller and any errors
	sample recovery and grade and whether		were rectified. The Rock Quality
	sample bias may have occurred due to		Designation (RQD) value is
	preferential loss/gain of fine/coarse material.		calculated by summing the total length of core in the run composed
			of pieces of core greater than 10
			cm in length. The recovery and RQD
			are both converted to a percentage
			of the recovery during the data
			entry phase.

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Criteria	JORC Code explanation	Commentary	Commentary
Logging	• Whether core and chip samples have	•	The drill core has been geologically
	been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.		and geotechnically logged to a level to support appropriate mineral resource estimation, mining studies and metallurgical studies. Core is
	• Whether logging is qualitative or		logged both qualitatively and
	quantitative in nature. Core (or costean,		quantitatively. Core and
	channel, etc) photography.		photography is available.
	• The total length and percentage of the
	relevant intersections logged.
Sub-	• If core, whether cut or sawn and whether	•	No sampling or results for the
sampling techniques and sample	quarter, half or all core taken. • If non-core, whether riffled, tube sampled, rotary split, etc and whether		current drilling are reported and is not applicable
preparation	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.
Quality of	• The nature, quality and appropriateness	•	No sampling or results for the
assay data and laboratory	of the assaying and laboratory procedures used and whether the technique is considered partial or total.		current drilling are reported and is not applicable
tests	• 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 (eg standards, blanks,
	duplicates, external laboratory checks)
	and whether acceptable levels of
	accuracy (ie lack of bias) and precision
	have been established.
Verification	• The verification of significant	•	No sampling or results for the
of sampling and	intersections by either independent or alternative company personnel. • The use of twinned holes.		current drilling are reported and is not applicable
assaying	• Documentation of primary data,
	data entry procedures, data
	verification, data storage (physical
	and electronic) protocols.
	• Discuss any adjustment to assay
	data.
Location of	• Accuracy and quality of surveys	•	The location of drill hole collars
data points	used to locate drill holes (collar and		were confirmed with a Trimble DA2
	down-hole surveys), trenches, mine		receiver and Catalyst 0.3m

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Criteria	JORC	Code explanation	Commentary	Commentary
		workings and other locations used		Subscription set to MGA94 Grid
		in Mineral Resource estimation.		Datum (Zone 56)
	• •	Specification of the grid system used. Quality and adequacy of topographic control.	• •	Accuracy is variable but is expected to be 0.3m During the mapping and Collar
				pickup process with constant visual
				quality assessment conducted, the
				receiver maintained an accuracy
				level <0.4m.
			•	Down hole, multi-shot surveys
				were taken at 15m then a nominal
				30 m interval where possible using
				a Trueshot survey tool. A 3m multi-
				shot survey was conducted at end
				of hole.
Data	•	Data spacing for reporting of	•	No sampling or results for the
spacing and distribution	•	Exploration Results. Whether the data spacing and distribution is sufficient to establish		current drilling are reported and is not applicable
		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.
Orientation	•	Whether the orientation of sampling	•	Drilling is typically orientated
of data in relation to geological structure	•	achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type. If the relationship between the		perpendicular to the interpreted strike of mineralization where possible and a target declination of the drill hole of -55 degrees.
		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.
Sample	•	The measures taken to ensure	•	No sampling or results for the
security		sample security.		current drilling are reported and is
				not applicable
Audits or	•	The results of any audits or reviews	•	No audits or reviews have been
reviews		of sampling techniques and data.		completed of sampling techniques.

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Section 2 Reporting of Exploration Results

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

Criteria	JORC	Code explanation	Commentary	Commentary
Mineral	•	Type, reference name/number,	•	The Coonambula Project consists
tenement and land tenure status		location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests,		of six contiguous Queensland exploration permits for minerals (EPMs): o EPM 15203 (Widbury),
		historical sites, wilderness or		o EPM 16216 (Lady
		national park and environmental		Margaret),
		settings.		o EPM 25260
	•	The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in		(Coonambula), o EPM 26743 (Eidsvold), and
		the area.		o EPM 28433 (Coonambula
				Extended).
			•	Each of the granted Coonambula
				tenements is currently held 100%
				by wholly owned subsidiaries of
				Great Divide Mining Ltd (GDM),
				namely GDM Coonambula Pty Ltd
				and GDM Yellow Jack Pty Ltd. Dart
				Mining Ltd has a joint venture
				agreement (Coonambula Joint
				Venture) to complete exploration
				works on the EPMs.
Exploration	•	Acknowledgment and appraisal of	•	Historical exploration in the
done by other		exploration by other parties.		Coonambula area has been
parties				undertaken by a number of
				parties since the 1970s, primarily
				targeting epithermal-style gold
				and base metal mineralisation.
			•	Work included regional geological
				mapping, soil and rock chip
				geochemistry, and limited
				geophysical surveys. More
				detailed exploration was carried
				out in the early 2000s by junior
				explorers, with emphasis on gold
				and antimony mineralisation
				associated with quartz veining.
			•	In 2013–2014, drilling programs
				were completed at the Banshee
				prospect under the direction of
				Paul Byrne. These programs
				tested near-surface quartz–
				sulphide veining and returned
				anomalous gold and antimony
				results.
			•	Data from these programs,
				including drill collar locations,
				assay results, and geological logs

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Criteria	JORC	Code explanation	Code explanation	Commentary	Commentary
					which were reported to the ASX
					by GDM
				•	Trenching programs were
					completed across the Banshee
					prospect to test surface
					geochemical anomalies and
					quartz–sulphide veining. These
					trenches exposed mineralised
					structures and returned
					anomalous gold and antimony
					values, providing key targets for
					subsequent drilling. The trenches
					themselves are historic
					(pre‑GDM), but GDM sampled and
					reported those trenches in 2024.
Geology	•	Deposit	type, geological setting	•	The Coonambula Project is
		and style of mineralisation.			located ~25 km southwest of
					Eidsvold in southeast Queensland,
					within the northern New England
					Orogen.
				•	Bedrock geology is dominated by
					Carboniferous to Permian–Triassic
					granitoid intrusions of the
					Rawbelle Batholith, intruding
					older metasedimentary
					sequences.
				•	Mineralisation at the Banshee
					Prospect is hosted within east–
					west trending shear zones and
					lodes developed in and adjacent
					to the granitoid intrusives.
				•	The Banshee system is
					characterised by antimony–gold
					(Sb–Au) mineralisation, with
					geological similarities to the
					Hillgrove Sb–Au deposit in New
					South Wales.
				•	Mineralisation occurs as stibnite ±
					quartz veins and breccia zones,
					with associated gold enrichment.
Drill hole	•	A summary of all information		•	Drillhole information has been
Information		material	to the understanding of		included in the release in
		the exploration results including a tabulation of the following			Appendix 1.
		information for all Material drill
		holes:
		o	easting and northing of
			the drill hole collar
		o	elevation or RL (Reduced
			Level – elevation above
			sea level in metres) of the
			drill hole collar
		o	dip and azimuth of the
			hole

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Criteria	JORC	Code explanation	Commentary	Commentary
		o down hole length and
		interception depth
		o 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.
Data	•	In reporting Exploration Results,	•	No data aggregation methods
aggregation methods		weighting averaging techniques, maximum and/or minimum grade		have been applied.
		truncations (eg 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.
Relationship	•	These relationships are	•	Mineralisation widths are
between mineralisation widths and intercept lengths	•	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.		reported as the downhole length. Final interpretation and inclusion of sample results will allow for true width calculations to be applied.
	•	If it is not known and only the
		down hole lengths are reported,
		there should be a clear statement
		to this effect (eg ‘down hole
		_length, true width not known’). _
Diagrams	•	Appropriate maps and sections	•	Included in the body of the
		(with scales) and tabulations of		announcement.
		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.
Balanced	•	Where comprehensive reporting of	•	All mineralisation intersected in
reporting		all Exploration Results is not practicable, representative reporting of both low and high		the completed hole has been included
		grades and/or widths should be
		practiced to avoid misleading
		reporting of Exploration Results.
Other	•	Other exploration data, if	•	No other material data is
substantive exploration		meaningful and material, should be reported including (but not		presented in this announcement.
data		limited to): geological
		observations; geophysical survey

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Criteria	JORC	Code explanation	Commentary	Commentary
		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.
Further work	•	The nature and scale of planned	•	Plans for further work are
		further work (eg tests for lateral		outlined in the body of the
	•	extensions or depth extensions or large-scale step-out drilling). Diagrams clearly highlighting the areas of possible extensions, including the main geological		announcement which include analysis of the drill core and continued drilling of Dart Mining’s planned locations.
		interpretations and future drilling
		areas, provided this information is
		not commercially sensitive.

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