TRITTON OPERATION DRILLING UPDATE

• Drilling at Avoca Tank extends high-grade copper mineralisation both up-dip and down-dip of current Mineral Resource
• Potential new mineralised trend discovered outside interpreted mineralised corridor at Avoca Tank
• Budgerygar resource definition drilling intersects thicker than expected mineralisation

Aeris Resources has provided an update on underground drilling programs at its Tritton Operation in central New South Wales. The drilling has delivered multiple high-grade copper intersections at the Avoca Tank deposit, extending mineralisation both up-dip and down-dip of the current Mineral Resource. Notably, the down-dip drilling has also identified a promising new area of copper mineralisation 50 to 100 metres along strike outside the interpreted mineralised corridor, which will be the focus of further follow-up drilling. At the Budgerygar deposit, resource definition drilling is returning significantly thicker copper sulphide intersections than previously modelled, potentially improving the mineable inventory at this deposit. Aeris has increased its drilling capacity at Tritton, with four underground rigs now operating, focused on further defining and expanding the Avoca Tank and Budgerygar deposits, as well as testing other targets across the operation.

Aeris is focused on advancing exploration and resource definition drilling at the Tritton Operation, targeting extensions to and repetitions of the known Avoca Tank and Budgerygar deposits, which represent important sources of ore in the short to medium term. The company is also testing other targets across the operation, with the aim of identifying additional growth opportunities.