WIN Metals Quarterly Activities Report & Appendix 5B

• Radio Gold Project Mineral Resource increased by 21% to 49,600 ounces.
• Underground sampling returned bonanza grades including 0.4m at 334 g/t Au.
• Secured a six-month option over a modular gravity processing plant.
• Princess Royal Gold Mine acquisition completed.
• Follow-up sampling found high-grade gold at Hill End and Battler West.

Widgie Nickel Ltd's quarterly report highlights significant advancements in the Radio Gold Project, including a 21% increase in the mineral resource to 49,600 ounces. The updated resource now stands at 366,000 tonnes at 4.2 g/t Au, with half classified as Indicated. Underground sampling confirmed high-grade mineralization with bonanza grades of up to 334 g/t Au. The company secured a six-month option for a modular gravity processing plant, which is well-suited for the proposed 120,000tpa operation. The acquisition of the Princess Royal Gold Mine was completed, and follow-up sampling at Hill End and Battler West identified high-grade gold mineralization. All activities are progressing towards a development decision for the Radio Gold Project.

The company remains on track to make a development decision for the Radio Gold Project this financial year.