• Completed 10,661 metres of drilling across Sadler, Hornet and Ambition
• Infill drilling at Hornet open pit and resource definition at Sadler underground
• Successful drilling at Ambition confirms high-grade plunging mineralisation

During the fourth quarter of FY25, a total of 10,661 metres of drilling was completed for the East Kundana Joint Venture (EKJV). Work completed included infill Reverse Circulation (RC) drilling for the Hornet open pit, Diamond Drilling (DD) for the Sadler underground, and Resource targeting RC and DD at Ambition. At Sadler, resource definition DD continued up-dip with the objective to convert Inferred Mineral Resource to Indicated Mineral Resource. The drilling was designed to define the top of the interpreted grade plunge of the Sadler mineralisation. At Hornet, further infill RC drilling was completed in preparation for the open pit mining sequence. Drilling along the K2B horizon intersected geology consistent with this mineralisation style, increasing confidence in the current resource model. Drilling also intersected a thin, flat, south-west dipping zone, named Hode2, thought to be associated with the fault dipping, mineralised structures at the RHP mine. At Ambition, a total of 24 holes for 5,117m of surface drilling was completed, successfully confirming the presence of a southward plunging, high-grade zone. Gold mineralisation is hosted within a thin, laminated vein, within a wide shear zone.

Future work for Q1 FY26 includes further drill testing the southern strike of the Sadler mineralisation at Raleigh, and completing a model update for the Ambition exploration drilling.