• New drilling program targets deep extensions (500m) and new discoveries at Mt Boppy
• Previous drilling confirms Mt Boppy is open along strike and at depth
• Historical production at Mt Boppy delivered ~500,000oz Au at ~15g/t Au

Manuka Resources Limited has confirmed that its Mt Boppy gold exploration program is now underway. Historically, Mt Boppy delivered ~500,000oz Au grading ~15g/t Au from the existing pit in its relatively brief, active, mine life. Over the next 10-12 weeks, the company will be drilling down to depths of ~500m for the first time, as it implements an initial 'scout' program hoping to uncover extensions of similar grade and geological structures. This is the first time the company has had the resources to start implementation of its exploration thesis for Mt Boppy. Exploration success consistent with historical results will obviously be significant for the company. The initial three-hole drill program will target depths of around 500m and test extensions of the known Resource and structural targets similar to Mt Boppy located between 300 and 1,000m to the south. Additionally, the company will be conducting an extensive 3,165m shallow (down to 60m) Reverse Circulation ('RC') drill program at the Pipeline Ridge Gold Prospects, targeting shallow gold mineralisation. While the company remains focused on the restart of its existing Wonawinta Silver Mine and Processing Plant during Q2 2026, the exploration results of the upcoming drilling program will represent the first steps toward growing the current 10-year Cobar Basin production plan.

The company remains focused on the restart of its Wonawinta Silver Mine, with first production of silver expected during Q2 2026. Successful exploration results from the upcoming drilling program will represent the first steps toward growing the company's 10-year Cobar Basin production plan.