• Completed successful low-grade sales program at Koolan Island generating positive cashflow.
• Signed agreement to divest Koolan Island to Crestlink.
• Strong financial position with $412.1 million in cash and investments.
• Pivoting focus to Central Tanami Gold Project.
• Net loss after tax of $30.2 million for FY26.

Mount Gibson Iron Ltd reported a successful transitional year with the low-grade sales program at Koolan Island surpassing expectations, generating positive cash flow to fund site rehabilitation and ramp-down activities. The company signed an agreement to divest Koolan Island to Crestlink, preserving its strong debt-free balance sheet. Total cash and investments stood at $412.1 million at the end of the financial year. The company is now focused on accelerating the Central Tanami Gold Project towards a development decision. Despite the financial challenges, including a $58.9 million non-cash impairment due to the Koolan Island rockfall, the company remains well-positioned to create a new high-quality Australian gold production business.

Mount Gibson Iron Ltd is focused on advancing the Central Tanami Gold Project towards a development decision, leveraging its strengths to establish a new gold production business.