• FY26 gold production of 336,540 ounces met guidance
• Q4 production of 89,338 ounces, 14% increase q-o-q
• Sugar Zone underground development recommenced
• Strong financial position with $842 million in cash and bullion
• No debt and fully unhedged

Vault Minerals Limited (ASX: VAU) announced its preliminary Q4 production results, achieving full-year FY26 production guidance. The company produced 89,338 ounces of gold in Q4, bringing the total FY26 production to 336,540 ounces. This performance marks a 14% increase in production compared to the previous quarter. The company also marked a significant milestone with the commencement of underground development at Sugar Zone on 1 July 2026. This development will ramp up throughout FY27, preparing for the planned restart of the processing plant in Q1 FY28. Vault Minerals' financial position remains strong, generating $219 million in underlying free cash flow. The company finished FY26 with Cash and Bullion of $842 million, no debt, and fully unhedged.

Vault Minerals expects to report AISC in the June 2026 Quarterly Report

Vault Minerals is well positioned to deliver its growth strategy across FY27 and beyond, with strong operational performance, disciplined project execution, and robust cash generation.