Exploration Results from Myall FJVA Copper-Gold Project

• FY2026 exploration programs completed with new mineralized intercepts
• Diamond drilling at Calais and Stingray, and aircore at Interceptor
• Best intercepts include 38 m at 0.17% Cu, 0.04 g/t Au at Calais and 36.3 m at 0.16% Cu, 0.03 g/t Au at Stingray
• Calais hole FMD0522 shows alteration consistent with porphyry mineral systems
• Stingray result FMD0528 suggests continuation of mineralization

Magmatic Resources has completed its FY2026 exploration programs at the Myall Farm-in and Joint Venture Agreement (FJVA) Copper-Gold Project, funded by FJVA partner FMG Resources. The programs aimed to test new geophysical and geochemical anomalies, as well as existing mineralized intersections. Key highlights include 38 m at 0.17% Cu, 0.04 g/t Au from 324m at Calais, and 36.3 m at 0.16% Cu, 0.03 g/t Au from 400m at Stingray, indicating potential for porphyry copper-gold mineralization. The Stingray result suggests a continuation of mineralization southwest of the Kingswood Inferred Mineral Resources Estimate. The exploration was designed to test geophysical and geochemical anomalies with analogies to Northparkes deposits and vectoring on existing mineralized intersections.

Magmatic Resources plans to continue exploration in FY27, focusing on geochemical vectors of porphyry mineral systems.