Investment Approved to Advance Key Growth Projects

The Company has committed $10 million to progress the 3Mtpa processing plant study from definitive feasibility study (“DFS”) through to front-end engineering design (“FEED”) stage, expected to be completed early in the June quarter (2026). This investment will refine final design and capital requirements for the standalone construction of a new mill, next to Ora Banda’s existing 1.2Mtpa Davyhurst