• Henty Gold Mine production of over 8,100 oz Au
• Drilling commenced at Maldon Gold Project, results expected in October
• Henty Processing Plant modifications largely completed, increased throughput trials to start soon

Kaiser Reef Limited (ASX: KAU) has reported on its gold mining production activities for the quarter ending 30 September 2025. The September Quarter is the first full period of Kaiser's ownership of the Henty Gold Mine. Highlights from the quarter include Henty Gold Mine production of 68,675 tonnes processed at a head grade of 4.12 g/t and a recovery rate of 89.1%, resulting in 8,115 oz Au produced. The company also commenced drilling at the Maldon Gold Project, with results expected during October. Modifications to the Henty Processing Plant, including an upgrade of tailings detoxification capacity, have been largely completed, and increased throughput trials with additional crushing capacity are set to start shortly. An update on Henty's Resources and Reserves is also progressing and expected for release in October. While the A1 Gold Mine is transitioning to Care and Maintenance, the company is working to ensure the Maldon Processing Plant remains operational and ready for future mining production. Overall, Kaiser Reef is well-positioned with robust gold production, a strong pipeline of exploration and development opportunities, and a solid balance sheet to capitalize on the surging gold price.

Kaiser Reef is well positioned for organic production growth, with a focus on realizing continued upside from the Henty Gold Mine, progressing exploration and development at the Maldon Gold Project, and ensuring the Maldon Processing Plant remains operational.