• Upgraded gold production guidance for FY26
• Generated free cash flow in the quarter
• Balance sheet further strengthened
• Safety programs delivering results

Aurelia Metals Ltd has released its quarterly update for the March 2026 quarter, providing an overview of the company's operational and financial performance. The key highlights include:- Upgraded gold production guidance for FY26 to 45-50koz, up from the previous guidance of 35-45koz. This higher production, combined with strong metal prices, has enabled the company to generate free cash flow during the quarter.- The company's balance sheet has been further strengthened, with cash and restricted cash totaling A$132.4 million at the end of the quarter.- Safety programs continue to deliver positive results, with the company maintaining a strong focus on workplace health and safety.- At the Federation mine, mined tonnes were 42% higher than the prior quarter, with grades also increasing. The company is continuing to execute on growth projects, including the Great Cobar Copper Project, which is progressing in line with budget and schedule.- Exploration activities have also been successful, with the completion of the first underground exploration program at Federation, which extended the high-grade mineralization and discovered a new polymetallic lens.- The company has also secured a new A$150 million financing commitment, which will provide increased flexibility and enable the release of A$38 million in restricted cash.Overall, Aurelia Metals has delivered a strong operational and financial performance during the quarter, positioning the company well to continue maximizing cash flow generation and value creation for shareholders.

For FY26, Aurelia Metals has provided the following guidance:- Gold production: 45-50koz (previously 35-45koz)- Copper production: 2.5-3.0kt (previously 3.0-4.0kt)- Group operating costs: A$275-315 million- Sustaining capital: A$50-60 million- Growth capital: A$45-60 million (previously A$60-75 million)

Aurelia Metals is focused on safely prioritizing strong gold production to deliver a robust cash flow outlook. Key focus areas include:- Maximizing cash flow generation and value- Continuing to outperform plan at the Federation mine- Executing the Peak Mine productivity improvement project- Delivering the Great Cobar Project milestones ahead of plan- Attracting and retaining the right people to support the company's growth.