• Infill drilling assay results from 28 holes received for the Wuudagu CNN deposit
• Significant high-grade intercepts including 6m at 46.8% Al2O3 and 11.6% SiO2 from surface
• Results consistent with previous 2016 drilling and support an increase in the confidence of the Wuudagu CNN resource estimate

VBX Limited has provided an update on the progress towards development of the Wuudagu bauxite project in northern Western Australia. The company has received assay results from 28 holes of infill drilling on a 150m by 150m spacing at the Wuudagu CNN deposit, which is a 0.6km2 bauxitic plateau located within the company's exploration and mining licences. The results are consistent with the previously reported Wuudagu CNN Inferred Mineral Resource Estimate of 5.5Mt at 40.1% Al2O3 and 12.0% SiO2, which was defined from an initial exploration drilling program conducted by VBX in 2016 on a 300m by 300m spacing. Significant high-grade intercepts from the infill drilling include 6m at 46.8% Al2O3 and 11.6% SiO2 from surface, 6m at 45.9% Al2O3 and 10.1% SiO2 from surface, and 5m at 44.2% Al2O3 and 5.8% SiO2 from surface. VBX is targeting an increase in the confidence of the Wuudagu CNN resource estimate, enabling it to be included in the mine plan for the Wuudagu Definitive Feasibility Study, which was not provided for in the 2025 Wuudagu Pre-Feasibility Study that only evaluated the development of the Wuudagu C deposit.

VBX is targeting an increase in the confidence of the Wuudagu CNN resource estimate, enabling it to be included in the mine plan for the Wuudagu Definitive Feasibility Study.