• Safety and sustainability metrics improved
• Golden Grove production and costs details
• Progress on Gossan Valley and Oizon projects
• Capricorn Copper awaiting regulatory approval
• New board member appointed

29Metals Limited reported results for the June 2026 quarter, highlighting improved safety metrics with a Group Total Recordable Injury Frequency (TRIF) of 8.0 and a Group Lost Time Injury Frequency (LTIF) of 0.0. Golden Grove saw a decrease in copper production to 4.8kt and zinc production to 3.1kt, with C1 Costs at US$4.64/lb copper sold. Development works at Gossan Valley and Oizon are progressing, with first ore expected by the end of 2026. Capricorn Copper is awaiting regulatory approval for a new Tailings Storage Facility (TSF) to enable a restart of production, with a response to a Request for Information (RFI) from the regulator planned for September 2026. Mr. Colin Gilligan was appointed as a Non-executive Director, further strengthening the board. The company's liquidity position remains strong at $202 million, expected to be sufficient for ongoing funding requirements.

2026 full-year copper production guidance maintained at 20-24kt

29Metals expects to benefit from the progressive ramp-up of mining from high-grade ore sources, with a focus on regulatory approvals for the Capricorn Copper restart and completion of a Restart Definitive Feasibility Study by the end of 2026.