MOHO RESOURCES LIMITED — Interim / Quarterly Report 2025

Apr 29, 2025

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30 April 2025

QUARTERLY REPORT TO 31 MARCH 2025

Moho Resources Limited ( ASX:MOH ) (“ Moho ”) (“ the Company ”) reports on its activities for the quarter ended 31 March 2025.

SUMMARY OF OPERATIONS

• Binding Sale and Purchase agreement signed with Qld Aus Graphite Pty Ltd (QAG) for the sale of the Empress Springs Project located in Western Queensland.

• Moho commenced a soil sampling program at the Silver Swan Project (E27/623) in late March to evaluate the gold potential of a targeted area that aligned with gold anomalies discovered by Poseidon Nickel at the Black Swan Project (M27/216).

• The Company remains committed to conducting strategic reviews aimed at optimizing its portfolio and maximizing shareholder returns.

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Figure 1: Moho Resources Projects located in Australia

CORPORATE

Divestiture of Empress Springs

During the quarter, the Company entered into a binding Sale and Purchase Agreement (“Agreement’) with Qld Aus Graphite Pty Ltd (QAG) for the sale of the Empress Springs Project (“Empress Springs”). The total consideration for this transaction $1.258 million, which includes an initial cash payment of $258,000 and deferred payment of $1 million payable in 12 months, a well as a 1% net smelter royalty (NSR) on the project.

On 28 April 2025, Moho and QAG entered into a variation to amend the terms of the of the Empress Springs Project sale to include:

ABN 81 156 217 971 168 STIRLING HIGHWAY, NEDLANDS WA 6009 +61 (8) 6165 8858 ASX: MOH admin@mohoresources.com.au www.mohoresources.com.au

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• a. a cash payment of $408,500 (excluding GST) payable by QAG to Moho on the date of completion; and

• b. a cash payment of $300,000 (excluding GST) payable by QAG to Moho on the date that is 12 months after the date of completion,

• c. The cancellation of the 1% NSR

By executing this variation deed, both parties agreed that the completion of the purchaser’s legal, technical, financial and operational due diligence had been satisfied.

The divestment supports the Company strategic objective of realising value from its current assets while targeting new opportunities that will benefit the shareholders.

General Meeting

The Company held a General Meeting of Shareholders on 20 February 2025 at RM Capital, Level 1, 1205 Hay Street, West Perth WA 6005. All resolutions were passed on a poll.

EXPLORATION

Silver Swan Project (E27/623)

The Silver Swan Project (E27/623) sits on the eastern flank of the Kanowna/Scotia Dome within the Boorara Domain. The regional Mount Monger-Moriarty Fault runs east of E27/0623, which effectively straddles two major tectonic domains; the Kurnalpi Terrane to the east and Kalgoorlie Terrane to the west. The Kanowna Belle, Gordon-Sirdar, Mulgarrie and Gindalbie gold mining camps are all within 30 km of the tenement.

Poseidon Nickel (now Horizon Minerals ASX: HRZ) completed a tenement-wide soil sampling program in August 2024, the results identified a 3km long, 10-20ppb gold anomaly, the “Southern Anomaly” which is open onto the northern border of Moho’s tenement (HRZ: AGM Presentation November 2024).

During the quarter Moho collected 442 soil samples from across the entire tenement and gold assays are expected in May 2025. Pending the results of this sampling, Moho plans to follow up any significant gold anomalism with aircore drilling.

Weld Range North Project (E20/1012)

The Weld Range North Project, located in the Youanmi Terrain, is a syncline of generally low-grade metamorphosed deformed mafic/ultramafic assemblages with intervening felsic volcanics, such as tuffs and schists. The project includes two distinct types of Archean terrain namely, the predominant Yilgarn cratonic granitoids and the northern edge of the Weld Range Greenstone Belt.

Large-scale mafic/ultramafic processes in the Meso to Neoarchean era of the Yilgarn Craton in Western Australia have long been recognized and form part of several Large Igneous Provinces (LIP) spanning 100 million years. The Youanmi Terrane, located in the western Yilgarn Craton, is distinctive because its greenstone belts contain a high proportion of intrusive mafic and ultramafic rocks. It is believed that the overlapping magnetic and gravity anomalies at Moho’s Weld Range North Project are the geophysical indicators of one of these intrusions.

No significant exploration activities were undertaken during the quarter on the Weld Range North Project.

ABN 81 156 217 971 168 STIRLING HIGHWAY, NEDLANDS WA 6009 +61 (8) 6165 8858 ASX: MOH admin@mohoresources.com.au www.mohoresources.com.au

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ADDITIONAL ASX INFORMATION

Summary of Exploration Expenditure (ASX Listing Rule 5.3.1)

In accordance with Listing Rule 5.3.1, the Company advises the cash outflows on its mining exploration activities reported in 1.2(1) of its Appendix 5B for the March 2025 quarter and detailed above were, $128,648.

Mining Production and Development (ASX Listing Rule 5.3.2)

There were no substantive mining production and development activities during the quarter.

Payment to Related Parties (ASX Listing Rule 5.3.5)

The Company advises the payments in section 6.1 of the Appendix 5B for the quarter are related to director fees.

The mining tenement interests acquired or relinquished during the quarter and their location

As part of its evaluation and efforts to optimize its portfolio, the Company relinquished its interest in the following tenements to focus on opportunities that better align with its strategic objectives and enhance shareholder value.

Tenement ID	Project	State
P27/2200	GORDON	WA

The following tenements were sold to Qld Aus Graphite Pty Ltd:

Tenement ID	Project	State
EPM25208	EMPRESS SPRINGS	QLD
EPM25209	EMPRESS SPRINGS	QLD
EPM25210	EMPRESS SPRINGS	QLD
EPM27193	EMPRESS SPRINGS	QLD
EPM27199	EMPRESS SPRINGS	QLD
EPM27200	EMPRESS SPRINGS	QLD
EPM27194	EMPRESS SPRINGS	QLD
EPM27195	EMPRESS SPRINGS	QLD
EPM27196	EMPRESS SPRINGS	QLD
EPM27197	EMPRESS SPRINGS	QLD
EPM27198	EMPRESS SPRINGS	QLD
ENDS

The Board of Directors of Moho Resources Limited authorised this announcement to be given to ASX.

For further information please contact:

Peter Christie, Chairman T: (08) 6269 3300 E: admin@mohoresources.com.au

ABN 81 156 217 971 168 STIRLING HIGHWAY, NEDLANDS WA 6009 +61 (8) 6165 8858 ASX: MOH admin@mohoresources.com.au www.mohoresources.com.au

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COMPETENT PERSONS STATEMENTS

The information in this report that relates to Exploration Results and Exploration Targets is based on information compiled by Mr. Graeme Hardwick. Mr. Hardwick is a Member of Australian Institute of Geoscientists (MAIG) and Moho Resource’s Geologist and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr. Hardwick 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 STATEMENTS

This document may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Moho Resources Limited’s planned exploration program and other statements that are not historical facts. When used in this document, words such as "could," "plan," "expect," "intend," "may”, "potential," "should," and similar expressions are forward-looking statements. Although Moho believes that its expectations reflected in these forward- looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that further exploration activities will result in the actual values, results or events expressed or implied in this document.

ABOUT MOHO RESOURCES LTD

Moho Resources Ltd is an Australian exploration company exploring for gold and other minerals across Australia.

Moho’s Board is chaired by Mr Peter Christie, a qualified accountant and tax agent and highly successful businessman. He has served on the boards of several public companies in the resource sector since 2006 and is the current club President of WAFL club, the South Fremantle Bulldogs.

Moho has a strong and experienced Board with Mr Michael Pereira and Mr Bryce Gould, corporate advisors, both as Non-Executives.

ABN 81 156 217 971 168 STIRLING HIGHWAY, NEDLANDS WA 6009 +61 (8) 6165 8858 ASX: MOH admin@mohoresources.com.au www.mohoresources.com.au

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TENEMENT SCHEDULE: Moho tenement holdings at 31 December 2024.

PROJECT	TENEMENT	AREA (km2)	TENURE TYPE	STATUS	GRANT DATE	EXPIRY DATE	INTEREST CHANGE	CURRENT INTEREST
	E27/641	19	EXPLORATION	GRANTED	5/07/2022	4/07/2027	-	100%
	E27/633	6	EXPLORATION	GRANTED	29/03/2022	28/03/2027		100%
	E27/687	2	EXPLORATION	GRANTED	29/05/2023	28/05/2023	-	100%
	M27/488	0.55	MINING	OPTION	14/07/2015	13/07/2036	-	0%
	E27/0623	14	EXPLORATION	GRANTED	14/12/2021	13/12/2026	-	100%
	E70/6307	280	EXPLORATION	GRANTED	13/12/2022	12/12/2027	-	100%
	E70/6308	4	EXPLORATION	GRANTED	9/12/2022	8/12/2027	-	100%
	E70/6309	2	EXPLORATION	GRANTED	13/12/2022	12/12/2027	-	100%
	E74/695	299	EXPLORATION	GRANTED	20/01/2022	19/01/2027	-	100%
	E63/2163	75	EXPLORATION	GRANTED	21/12/2021	20/12/2026	-	100%
	E74/766	20	EXPLORATION	GRANTED	13/07/2023	12/07/2028	-	100%
WELD RANGE NORTH(WA)	E20/1012	13	EXPLORATION	GRANTED	22/07/2022	22/07/2027	-	100%
EMPRESS SPRINGS(QLD)	EPM25208	281	EXPLORATION	GRANTED	8/4/2014	7/04/2024	-	70%
EMPRESS SPRINGS (QLD)	EPM25209	291	EXPLORATION	GRANTED	8/04/2014	7/04/2024	-	70%
	EPM25210	200	EXPLORATION	GRANTED	8/04/2014	7/04/2024	-	70%
	EPM27193	48.9	EXPLORATION	GRANTED	3/12/2019	2/12/2024	-	100%
	EPM27199	325.1	EXPLORATION	GRANTED	3/12/2019	2/12/2024	-	100%
	EPM27200	6.5	EXPLORATION	GRANTED	3/12/2019	2/12/2024	-	100%
	EPM27194	276	EXPLORATION	GRANTED	21/01/2020	20/01/2025	-	100%
	EPM27195	236	EXPLORATION	GRANTED	21/01/2020	20/01/2025	-	100%
	EPM27196	275	EXPLORATION	GRANTED	21/01/2020	20/01/2025	-	100%
	EPM27197	272	EXPLORATION	GRANTED	21/01/2020	20/01/2025	-	100%
	EPM27198	172	EXPLORATION	GRANTED	21/01/2020	20/01/2025	-	100%

ABN 81 156 217 971 168 STIRLING HIGHWAY, NEDLANDS WA 6009 +61 (8) 6165 8858 ASX: MOH admin@mohoresources.com.au www.mohoresources.com.au

Rule 5.5

Appendix 5B

Mining exploration entity or oil and gas exploration entity quarterly cash flow report

Name of entity

MOHO RESOURCES LIMITED ABN Quarter ended (“current quarter”) 81 156 217 971 31 March 2025

Consolidated statement of cash flows	Current quarter $A’000	Year to date (9 months) $A’000
1. Cash flows from operating activities 1.1 Receipts from customers 1.2 Payments for (a) exploration & evaluation (if expensed) (b) development (c) production (d) staff costs (e) administration and corporate costs 1.3 Dividends received (see note 3) 1.4 Interest received 1.5 Interest and other costs of finance paid 1.6 Income taxes paid 1.7 1.8 Government grants and tax incentives Other (provide details if material (a) Interest on lease payments (b) Other (GST & Other Refunds) 1.9 Net cash from / (used in) operating activities	- (12) - - (108) (97) - 12 - - -	- (18) - - (288) (600) - 22 - - -
	(205)	(837)
2. Cash flows from investing activities 2.1 Payments to acquire or for: (a) entities (b) tenements (c) property, plant and equipment (d) exploration & evaluation (if capitalised) (e) investments (f) other non-current assets	- - - (129) - -	- - - (767) - -

ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.

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Appendix 5B

Mining exploration entity or oil and gas exploration entity quarterly cash flow report

Consolidated statement of cash flows	Current quarter $A’000	Year to date (9 months) $A’000
2.2 Proceeds from the disposal of: (a) entities (b) tenements (c) property, plant and equipment (d) investments (e) other non-current assets 2.3 Cash flows from loans to other entities 2.4 Dividends received (see note 3) 2.5 Other (provide details if material) 2.6 Net cash from / (used in) investing activities	- - - - - - - -	- 1,000 - - - - - -
	(129)	233
3. Cash flows from financing activities 3.1 Proceeds from issues of equity securities (excluding convertible debt securities) 3.2 Proceeds from issue of convertible debt securities 3.3 Proceeds from exercise of options 3.4 Transaction costs related to issues of equity securities or convertible debt securities 3.5 Proceeds from borrowings 3.6 Repayment of borrowings 3.7 Transaction costs related to loans and borrowings 3.8 Dividends paid 3.9 Other – lease payment 3.10 Net cash from / (used in) financing activities	72 - - - - - - - -	746 - - (126) - - - - -
	72	620
4. Net increase / (decrease) in cash and cash equivalents for the period
4.1 Cash and cash equivalents at beginning of period 4.2 Net cash from / (used in) operating activities (item 1.9 above) 4.3 Net cash from / (used in) investing activities (item 2.6 above) 4.4 Net cash from / (used in) financing activities (item 3.10 above)	1,279 (205) (129) 72	1,001 (837) 233 620

ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.

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Appendix 5B

Mining exploration entity or oil and gas exploration entity quarterly cash flow report

Consolidated statement of cash flows	Current quarter $A’000	Year to date (9 months) $A’000
4.5 Effect of movement in exchange rates on cash held 4.6 Cash and cash equivalents at end of period	-	-
	1,017	1,017
5. Reconciliation of cash and cash equivalents at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts	Current quarter $A’000	Previous quarter $A’000
5.1 Bank balances 5.2 Call deposits 5.3 Bank overdrafts 5.4 Other (provide details) 5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above)	1,017 - - -	1,279 - - -
	1,017	1,279
6. Payments to related parties of the entity and their associates		Current quarter $A'000
6.1 Aggregate amount of payments to related parties and their associates included in item 1 41 6.2 Aggregate amount of payments to related parties and their associates included in item 2 - Note: if any amounts are shown in items 6.1 or 6.2, your quarterly activity report must include a description of, and an explanation for, such payments.		41
		-

ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.

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Appendix 5B

Mining exploration entity or oil and gas exploration entity quarterly cash flow report

7. 7.1 7.2 7.3 7.4 7.5 7.6	Financing facilities Note: the term “facility’ includes all forms of financing arrangements available to the entity. Add notes as necessary for an understanding of the sources of finance available to the entity. Total facility amount at quarter end $A’000 Amount drawn at quarter end $A’000 Loan facilities - - Credit standby arrangements - - Other (please specify) - - Total financing facilities - - Unused financing facilities available at quarter end - Include in the box below a description of each facility above, including the lender, interest rate, maturity date and whether it is secured or unsecured. If any additional financing facilities have been entered into or are proposed to be entered into after quarter end, include a note providing details of those facilities as well.	Total facility amount at quarter end $A’000	Amount drawn at quarter end $A’000
		-	-
		-	-
		-	-
		-	-
8.	Estimated cash available for future operating activities		$A’000
8.1 8.2 8.3 8.4 8.5 8.6 8.7 8.8	Net cash from / (used in) operating activities (item 1.9) (205) (Payments for exploration & evaluation classified as investing activities) (item 2.1(d)) (129) Total relevant outgoings (item 8.1 + item 8.2) (334) Cash and cash equivalents at quarter end (item 4.6) 1,017 Unused finance facilities available at quarter end (item 7.5) - Total available funding (item 8.4 + item 8.5) 1,017 Estimated quarters of funding available (item 8.6 divided by item 8.3) 3.049 Note: if the entity has reported positive relevant outgoings (ie a net cash inflow) in item 8.3, answer item 8.7 as “N/A”. Otherwise, a figure for the estimated quarters of funding available must be included in item 8.7. If item 8.7 is less than 2 quarters, please provide answers to the following questions: 8.8.1 Does the entity expect that it will continue to have the current level of net operating cash flows for the time being and, if not, why not?		(205) (129) (334) 1,017 -
			1,017
	Answer:
	8.8.2 Has the entity taken any steps, or does it propose to take any steps, to raise further cash to fund its operations and, if so, what are those steps and how likely does it believe that they will be successful?
	Answer:
	8.8.3 Does the entity expect to be able to continue its operations and to meet its business objectives and, if so, on what basis?
	Answer:
	Note: where item 8.7 is less than 2 quarters, all of questions 8.8.1, 8.8.2 and 8.8.3 above must be answered.

ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.

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Appendix 5B

Mining exploration entity or oil and gas exploration entity quarterly cash flow report

Compliance statement

• 1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A.

• 2 This statement gives a true and fair view of the matters disclosed.

Date: 30 April 2025

Authorised by: The Board of Moho Resources Limited

Notes

1. This quarterly cash flow report and the accompanying activity report provide a basis for informing the market about the entity’s activities for the past quarter, how they have been financed and the effect this has had on its cash position. An entity that wishes to disclose additional information over and above the minimum required under the Listing Rules is encouraged to do so.

2. If this quarterly cash flow report has been prepared in accordance with Australian Accounting Standards, the definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report. If this quarterly cash flow report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standards apply to this report.

3. Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity.

4. If this report has been authorised for release to the market by your board of directors, you can insert here: “By the board”. If it has been authorised for release to the market by a committee of your board of directors, you can insert here: “By the [ name of board committee – eg Audit and Risk Committee ]”. If it has been authorised for release to the market by a disclosure committee, you can insert here: “By the Disclosure Committee”.

5. If this report has been authorised for release to the market by your board of directors and you wish to hold yourself out as complying with recommendation 4.2 of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations , the board should have received a declaration from its CEO and CFO that, in their opinion, the financial records of the entity have been properly maintained, that this report complies with the appropriate accounting standards and gives a true and fair view of the cash flows of the entity, and that their opinion has been formed on the basis of a sound system of risk management and internal control which is operating effectively.

ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.

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