• Drilling and geophysical programs continue across Legacy Mineral's portfolio of partnered projects
• Earth AI has met Stage 1 earn-in requirements for the Fontenoy Project and plans to continue aggressive drilling
• Rio Tinto Exploration to fund IP survey at the Thomson Project to generate drill-ready targets

Legacy Minerals is pleased to provide an update on the exploration activities on its partnered projects including Fontenoy, Thomson, Glenlogan and Harden. At the Fontenoy Project, Earth AI has notified Legacy Minerals that it has met the Stage 1 earn-in requirements to acquire a 51% interest by spending the required $1,500,000 in exploration and completing 1,500m of drilling. Earth AI is now entitled to earn an additional 19% interest ('Stage 2') by spending a further $3,000,000 and completing 2,000m of diamond drilling. Drilling continues at Fontenoy with assays expected in February 2026. At the Thomson Project, Rio Tinto Exploration will fund a Pole-Dipole Induced Polarisation (PDIP) geophysical program to test geophysical anomalies under cover. This work has the potential to generate strong drill-ready targets. S2 Resources has withdrawn from the Glenlogan Project, with Legacy Minerals retaining 100% ownership. At the Harden Project, Hill Tops Gold has government approvals underway for proposed drilling at the McMahons Reef Prospect. Across the portfolio, the partners' commitment to advancing exploration demonstrates growing confidence in the geological potential of Legacy Mineral's assets.

With multiple active programs and a steady pipeline of news flow ahead, Legacy Minerals remains optimistic about the value creation opportunities unfolding for shareholders.