• Three RC collared diamond holes completed at Mt Boppy
• Results show localised low-grade gold intersections
• Structural interpretation refines targeting for follow-up drilling
• Pipeline Ridge gold resource definition drilling commenced

Manuka Resources Limited has completed an initial phase of exploration diamond drilling at its Mt Boppy gold project, targeting potential depth and strike extensions of known mineralisation. While the results returned localised low-grade gold intersections, the programme has delivered important geological and structural insights, improving the company's understanding of structural controls and refining targeting for future work. The three diamond drill holes were located between 300m and 1,000m to the south of the current Mt Boppy open pit, targeting mineralised zones up to 200-300m in strike length and up to 30m wide. Key outcomes include the identification of a NW-SE structure that may have continuity to the Boppy South gold deposit, and the interpretation that the western bounding fault has been reactivated and truncates/displaces the main Mt Boppy gold orebody on the west side. Alongside the Mt Boppy exploration, Manuka has commenced a resource definition drilling programme at the Pipeline Ridge gold project, located approximately 28km south of the Mt Boppy mine. The 3,075m RC drilling programme is targeting shallow oxide gold mineralisation suitable for open pit extraction, with an exploration target of 187kt-365kt @ 1.1-1.5g/t Au. The company's strategy is focused on increasing near-term gold feed into the Wonawinta processing plant, extending mine life, and identifying additional satellite deposits within trucking distance, to transition from a single-asset restart to a multi-source production system.

Manuka's immediate focus remains the restart of silver production at its Wonawinta processing plant in Q2 2026. The current exploration programmes are directed towards building out a broader Cobar Basin production platform, with a 10-year production plan centred on the Wonawinta facility and incorporating multiple gold and silver feed sources across its regional asset base.