Quarterly Activities and Appendix 5B Cash Flow Report

• Sold 160,483 tonnes of ore at 2.2 g/t Au, containing 10,837 ounces of gold in the quarter
• Waste stripping substantially progressed with amalgamation of Stage 1 and Stage 2 pits
• Mining commenced at Cloudkicker with first ore sold in this quarter
• Cash increased by $18.7 million for the quarter to $220.4 million
• Board resolved to pay a maiden fully franked dividend of 0.25 cent per share

New Murchison Gold Ltd reported a total of 160,483 tonnes of ore sold at 2.2 g/t Au, containing 10,837 ounces of gold during the quarter ended September 30, 2026. Waste stripping substantially progressed, and the amalgamation of Stage 1 and Stage 2 Crown Prince open pits was achieved. Mining commenced at Cloudkicker, with the first ore sold in this quarter. The company recorded one lost time injury with a TRIFR of 5.2 and no significant environmental incidents. Cash increased by $18.7 million to $220.4 million, with no debt and no hedging. The attributable gold bullion price was A$6,055/ounce against an attributable AISC of A$4,972/ounce. The company also announced an annual Mineral Resource Estimate and Ore Reserve Estimate, with high-grade drilling results supporting potential for further growth.

New Murchison Gold Ltd expects improved AISC outcomes as high-grade ore becomes available

The company looks forward to increased production from the consolidation period and continued exploration to support its growing gold mining operations.