• Completion of Radio Gold Mine Acquisition
• Butchers Creek Scoping Study Advancement
• Commencement of Radio Drilling Program
• Regional Exploration Generates Drill Targets

WIN Metals has completed the acquisition of the high-grade Radio Gold Mine, securing a comprehensive asset package including infrastructure, equipment and surface ore stockpiles. The company is rapidly advancing on-ground activities, with a 10,000-metre RC drilling program underway to delineate near-surface resources and extend the resource footprint. Scoping study work for both open pit and underground mine designs, as well as the processing plant, has been completed for the Butchers Creek Gold Project, with a detailed update expected in the December 2025 quarter. Regional exploration activities have generated new drill targets, with a 500-metre gold trend defined at Ruby Queen North and high-grade gold mineralisation confirmed at the Emjay prospect. The company also completed a strongly oversubscribed $2.35 million placement to accelerate drilling at Radio and evaluation work at Butchers Creek.

WIN Metals remains focused on delivering value and meaningful updates to shareholders as it progresses its growth strategy this quarter, including advancing the Radio Gold Mine acquisition and Butchers Creek scoping study, and executing the drilling program at Radio.