• KNP selected for Australian Government Investor Front Door pilot
• KNP included in Australia-Japan Critical Minerals collaboration
• KNP awarded Lead Agency Status by Western Australian Government
• DFS completion extended, additional opportunities being explored
• Ardea remains in strong financial position with A$18.3M cash on hand

Ardea Resources Limited reported on the key activities and progress made during the June 2026 Quarter, focusing on the Kalgoorlie Nickel Project (KNP) - Goongarrie Hub. The company highlighted several significant achievements, including the selection of KNP for the Australian Government Investor Front Door pilot, inclusion in the Australia-Japan Critical Minerals collaboration, and the award of Lead Agency Status by the Western Australian Government. Ardea also announced the extension of the Definitive Feasibility Study (DFS) completion timeline to explore additional optimization opportunities. Financially, the company remains strong with A$18.3M cash on hand and no debt, supported by a recent Share Purchase Plan. Further exploration and research activities are ongoing, with a focus on scandium recovery and alternative processing technologies.

DFS completion extended, additional opportunities being explored

Ardea Resources remains optimistic about the strategic significance of the KNP - Goongarrie Hub, with ongoing support from government agencies and continued exploration efforts.