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Quarterly Activities/Appendix 5B Cash Flow Report

Kingsrose Mining Ltd

Kingsrose Mining Ltd. Quarterly Activities Update

Key points

  • Finnmark Project: Continued exploration work and strengthened community relationships
  • Penikat Project: Permitting progress and drilling plans for Area 6
  • Corporate: Andy Caruso appointed as CEO

Full summary

Kingsrose Mining Ltd. provided an update on its activities for the June 2026 quarter, highlighting exploration progress across its Finnmark and Penikat Projects. The Company continued to compile and interpret the extensive dataset from the 2025 exploration campaign for the Finnmark Project, aiming to define key targets for follow-up work in 2026. In Finland, Kingsrose developed a refined permitting approach for the Penikat Project, with drilling anticipated to commence in December 2026 for Area 6. The Company also advanced discussions with potential joint venture partners for the Finnmark Project and evaluated optimal paths forward for the Råana Project. Corporate updates included the appointment of Andy Caruso as Chief Executive Officer and the resignation of Tim Coughlin as Non-Executive Director.

Outlook

Kingsrose remains focused on advancing exploration activities and securing joint venture partners. Future drilling and exploration plans are contingent on successful permitting and community engagement.

Summary generated by a large language model. Please interpret with care.

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