Announcement PDF ABN 68 650 116 153 ASX ANNOUNCEMENT 30 October 2026 QUARTERLY ACTIVITIES REPORT FOR THE PERIOD ENDED 30 SEPTEMBER 2026 HIGHLIGHTS FOR QUARTER Operations – Underground Mining • Bathurst Regional Council approved the Company’s development consent modification (DA Modification) on 20 August 2026, permitting 24-hour underground operations and removing the fixed 9:00am–3:00pm firing window that had constrained the Reward mining cycle since operations recommenced. • The NSW EPA issued a varied Environment Protection Licence (EPL 12008) in September 2026, aligning the licence with the DA Modification. With both approvals in place, available underground working hours increase from approximately 9 hours to approximately 22 hours per day, using the equipment already on site. • First production firing of the Company’s trial long hole open stope at Decline 3 (620 M1 STP 1695N), targeting the high-grade Mica 1 lens at a mining width of approximately 1.2 metres – the first mechanised stope at Reward. • Muki rail sets fitted to both the Epiroc T1D and Atlas Copco H104 jumbos, enabling smaller drive profiles expected to reduce dilution by more than 20% for the same cut length. • Breakthrough of the 640_PX_DRN_1380N drive, providing conventional loader access to high-grade ore from the 677 Paxtons South airleg stoping block. • Second Bird underground truck arrived in New South Wales and fitted with MDG 15 modifications; truck arrived onsite 13 October 2026. • Construction of the Resemin Muki long hole production rig was completed in the factory on 30 September 2026 and is inbound to Australia and is due to arrive at port in Sydney Mid November 2026. Processing • Gold sold during the quarter was 142 oz, with 82 oz of gold on hand on 30 September 2026. • Ore from the first long hole stope began processing through the Gekko gravity plant in August 2026. Mill recovery for the quarter was 62%. • Under the varied EPL, the processing plant is licensed to operate from 6:00am to 6:00pm, 7 days per week. Corporate • Updated JORC (2012) Mineral Resource Estimate for the Reward Gold Mine of 274,000t at 16.68 g/t Au for 146,900 oz (2 September 2026, amended 10 September 2026), with the Indicated grade up 36% to 21.17 g/t Au and total contained ounces down 35% on the June 2023 estimate. • Share Purchase Plan closed on 27 July 2026, raising $858,000 (before costs). Vertex Minerals Ltd Quarterly Activities Report - September 2026 Page 2 of 31 • Historical breaches of ASX Listing Rules 7.1 and 7.1A and related rules: o Appointment of HWLE Lawyers as independent expert (ASX: VTX announcement 23 July 2026); o Receipt of independent expert’s report dated 3 September 2026 (“Report”); o The Company summarised the key findings and recommendations of the Report and disclosed the steps the Company proposes to take in response to the Report (ASX: VTX announcement 30 September 2026); and o The Company is not subject to any ASX imposed restrictions on issuing equity securities without first seeking shareholder approval and confirms that the ASX’s decision (ASX: VTX announcement 9 May 2025) in relation to the historical placement capacity breaches expired on 4 January 2026. • Recruitment under way for approximately 10 additional roles to support the commencement of nightshift, drawn predominantly from the Bathurst region. Tenements and Exploration • No exploration field activities were undertaken during the quarter. • The Mineral Resource re-interpretation defined three priority underground drill target areas: depth extensions below the existing Resource, Hawkins Hill remnants in the upper levels, and the Fosters corridor to the south. Underground diamond drilling is planned to commence in the first quarter of 2027. Overview Vertex Minerals Limited (“Vertex” or “the Company”) is pleased to present its Quarterly Activities Report for the quarter ended 30 September 2026. The September 2026 quarter was a turning point for the Reward Gold Mine. On 20 August 2026, Bathurst Regional Council approved the Company’s DA Modification to allow 24-hour underground operations and blasting at any time within approved limits. In September 2026, the NSW Environment Protection Authority issued a varied EPL 12008 to align with that approval. Together, these approvals remove the restricted working and blasting hours that have been the single largest constraint on the mine since operations recommenced. During the quarter the Company also fired its first mechanised long hole stope at Decline 3, fitted Muki rails to both jumbos to enable narrower development, and released an updated Mineral Resource Estimate for Reward. On the corporate front, the Share Purchase Plan closed and the independent expert review of the Company’s historical Listing Rule compliance progressed. Gold production during the quarter remained constrained by the previous single-shift operating conditions and by jumbo downtime in July while the Muki rails were fitted. Ore from the first long hole stope was processed from August 2026. The quarterly production information is shown as follows: Quarter Ended (unaudited) Gold Produced (oz) Gold Sold (oz) December 2025 123 118 March 2026 284 245 June 2026 194 217 September 2026 203 142 Vertex Minerals Ltd Quarterly Activities Report - September 2026 Page 3 of 31 Table 1: Gold production results from the Reward Mine, per quarter, rounded to the nearest ounce. Vertex Minerals Executive Chairman, Bruce McInnes, commented: “The September quarter will be remembered as the quarter in which the single biggest constraint on the Reward Gold Mine was removed. With Bathurst Regional Council’s approval of our DA Modification on 20 August and the NSW EPA’s issue of a varied Environment Protection Licence in September, Reward is now authorised to operate underground 24 hours a day, 7 days a week.” “It is important that shareholders understand just how severely the previous operating conditions held the mine back. Under the original consent, every underground blast had to be fired between 9:00am and 3:00pm, six days a week, with no firing on Sundays or public holidays. Every face in the mine had to be bogged, supported, drilled and charged in time to fire inside that single six-hour window. A heading that missed the window could not be fired until the next day, and the cycle on that face lost a full 24 hours.” “Re-entry and ventilation clearance after each firing fell in the middle of the day shift, consuming the most productive hours. Our jumbos, remote-controlled Aramine loaders and underground trucks are available around the clock, but they could only be worked effectively for around 9 hours a day. In practical terms, the mine operated at a fraction of the capacity of its people, its equipment and its orebody.” “The consequences flowed straight through to production. Development metres, which are the primary driver of ore production, were held back. Fewer stopes could be brought on line. Ore was delivered to the plant in an uneven, batch-driven pattern. And our largely fixed cost base was spread across far fewer tonnes than the operation is capable of. The restricted hours and blasting times, together with the poor ground conditions encountered when rehabilitating declines that had been flooded for around 14 years, are the main reasons the production ramp-up at Reward has been slower than the Company planned.” “Securing the change took approximately 12 months of work with Bathurst Regional Council, including a deferral of the determination from mid-July to mid-August. I thank Council, the NSW EPA, our team and the Hill End community for their engagement throughout the process. All blasting under the new approvals is carried out underground, within strict vibration and overpressure limits that are tighter at night and is monitored in real time.” “Available underground working hours now lift from approximately 9 to approximately 22 hours a day, using the same equipment already on site. Alongside this, the quarter delivered our first mechanised long hole stope at a mining width of approximately 1.2 metres, narrower development profiles through the new Muki rails, and an updated Mineral Resource that has lifted the Indicated grade by 36% to 21.17 g/t Au and defined clear targets for underground drilling.” “Our priorities for the December quarter are to recruit and train our nightshift crews, move progressively from one shift to two shifts and then to continuous operations, and commission the Muki long hole rig. For the first time, Reward has the approvals, the mining method and the equipment in place to build development metres and stope availability ahead of the plant.” Vertex Minerals Ltd Quarterly Activities Report - September 2026 Page 4 of 31 Operations Reward Gold Mine (Hill End, NSW) Background The Hill End Gold Project is located in the Central Tablelands of New South Wales, approximately 50 kilometres south of Mudgee, within the highly prospective Eastern Lachlan Fold Belt (Image 1). Vertex holds 155 km² of tenure across exploration licences, one gold lease (GL 5846) and ten mining leases (ML 49, 50, 315, 316, 317, 913, 914, 915, 1116 and 1541). The district has a rich gold mining history, with more than four million ounces historically produced. Vertex’s ground position spans the Hill End corridor and includes several historic high-grade mines. Mineralisation within the district is hosted within multiple laminated quartz vein systems, with the Lady Belmore Reef and the adjacent Mica vein systems forming the principal structures currently being developed. The cornerstone of the Company’s strategy is the Reward Gold Mine (Image 2), a high-grade underground operation accessed via the existing 640 Level portal. The mine benefits from substantial existing infrastructure, including the Gekko gravity processing plant and TOMRA ore sorter, an established portal, ventilation and services, permitted residue storage and road access. Image 1: Map of the Hill End Project Area Vertex Minerals Ltd Quarterly Activities Report - September 2026 Page 5 of 31 Image 2: Reward Gold Mine (Northwest Looking) Work completed during the quarter and results During the September 2026 quarter, activities at the Reward Gold Mine were directed toward securing and preparing for 24-hour operations, commencing mechanised long hole stoping at Decline 3, fitting the jumbos for narrower development, and continuing airleg stoping on the high-grade Paxtons Reef. 24-Hour Underground Operations Approved On 20 August 2026, Bathurst Regional Council approved the Company’s DA Modification for the Reward Gold Mine. The DA Modification approves 24-hour underground operations, permits underground blasting at any time within approved limits, and clarifies site-wide operational hours. In September 2026, the NSW EPA issued a varied EPL 12008 aligning the licence with the DA Modification. With both approvals in place, the Company has the regulatory authority to operate the Reward underground mine on a continuous 24-hour, 7- day basis (Images 3 and 4). Vertex Minerals Ltd Quarterly Activities Report - September 2026 Page 6 of 31 Image 3: Underground firing windows under the previous consent compared with the DA Modification and varied EPL 12008 The underground mining cycle at Reward runs in sequence: bog, ground support, drill, charge, fire, re-enter and advance. Under the previous consent, firing was confined to 9:00am to 3:00pm, six days a week, with no firing on Sundays or public holidays. Every face underground had to reach the charge stage inside the same six hours. A heading that was not charged and cleared in time did not fire that day, and the cycle rolled forward 24 hours. Ventilation clearance and re-entry fell in the middle of the day shift, and the fleet could only be worked through a single shift built around that window. Image 4: Available underground working hours per day, before and after the 24-hour approvals The varied EPL sets out the approved hours for each activity at the premises (Table 2) and the limits that apply to underground blasting (Table 3). Activity Approved hours Mining – underground operations, including transportation, rehabilitation, environmental management and emergency operations 24 hours, 7 days per week Processing – Amalgamated Processing Plant and associated infrastructure 6:00am to 6:00pm, 7 days per week Vertex Minerals Ltd Quarterly Activities Report - September 2026 Page 7 of 31 Activity Approved hours Non-audible maintenance of site infrastructure, plant and services 24 hours, 7 days per week (within licensed noise limits) Construction and audible maintenance 6:00am to 6:00pm, 7 days per week Underground blasting Any time, 7 days per week, within licensed limits Table 2: Approved hours of operation under the varied EPL 12008 Limit 9:00am to 6:00pm 6:00pm to 9:00am Ground vibration at any dwelling or sensitive receiver (peak particle velocity) 10.0 mm/s at any time; 5.0 mm/s for no more than 5% of blasts in any 12 months 2.0 mm/s Airblast overpressure at noise- sensitive locations 115 dB (Lin Peak) for no more than 5% of blasts in a reporting period; 120 dB (Lin Peak) at any time 115 dB (Lin Peak) for no more than 5% of blasts in a reporting period; 120 dB (Lin Peak) at any time Table 3: Blasting limits under the DA Modification and varied EPL 12008. All blasting is carried out underground. Before continuous operations commence, the Company must prepare and submit to the EPA a Blast Management Plan, including a blast monitoring program and monitoring of heritage buildings in Hill End, together with a Contingency Plan for fuel spills in refuelling areas. The Company’s Pollution Incident Response Management Plan is to be updated with the Contingency Plan by 15 December 2026. Image 5: Approvals pathway to 24-hour operations at the Reward Gold Mine The Company expects the following benefits from continuous operations*: • Every face fires when it is ready – a continuous drill, charge, fire and bog cycle, with no heading waiting a day for a window to reopen. • More development metres – development is the primary driver of production ore, and every metre of ore drive opens further stoping positions on the Mica lenses. • More stope firings – long hole rings can be fired progressively as they are charged, with remote bogging by the Aramine loaders continuing through the night. Vertex Minerals Ltd Quarterly Activities Report - September 2026 Page 8 of 31 • Re-entry off the critical path – ventilation clearance can be scheduled across shift changes and crib breaks rather than consuming the core of a working shift. • Lower unit operating costs – a largely fixed cost base (fleet, ventilation, dewatering, the Gekko gravity plant and the TOMRA ore sorter) is spread across materially more tonnes. • A smoother feed to the plant – consistent ore supply to the ROM pad allows the ore sorter and gravity circuit to be scheduled with greater confidence. • Better return on capital already spent – no additional mining equipment is required to complete the current ramp-up. *Statements regarding expected productivity, cost and production outcomes are forward looking and are based on the Company’s current mine plan and operating assumptions. They are not production targets and are not based on an Ore Reserve estimate. Refer to the Forward Looking Statements notice in this report. Development activities Development during July 2026 was reduced while each jumbo was taken offline in turn to have the Muki rails fitted. Development advanced 37 metres in July, 38 metres in August and 69 metres in September. In addition, 20 metres (July), 9 metres (August) and 13 metres (September) of decline rehabilitation was completed (Table 4). Month (unaudited) Development advance (m) Development rehabilitation (m) Comments July 2026 37 20 Each jumbo offline in turn for Muki rail fitting. August 2026 38 9 September 2026 69 13 Cutting levels off the rehabilitated declines. Quarter Total 144 42 Table 4: Development metres at the Reward Gold Mine during the September 2026 quarter, by month Rehabilitation and back stripping of Decline 2 was completed in July 2026 and fresh development commenced in the area. The main areas of focus are a capital decline to access the bottom of the mine and a stoping platform along the Mica package, including development of the 618_XCE_1547N drive and the Decline 2 sump (Image 6). Other key development completed during the quarter included: • Breakthrough and completion of the 640_PX_DRN_1380N link drive along the Paxtons vein on the 640 Level, allowing conventional (non-remote) bogging of high- grade ore from the 677_PX_STP_1472N airleg stope in the south 677 block. • The 640_XCE_1675NA crosscut off the Star of Peace ore drive advanced 5.2 metres. It will be used as a stockpile and truck loading bay to reduce truck turnaround times. • The 677_PX_SLS_1650N drive advanced 9 metres, breaking through into historic 677 Level workings and completing the lower drill drive for the North Paxtons stoping block. The upper drill drive on the 683 Level (683_PX_SLS_1658N) advanced 5.6 Vertex Minerals Ltd Quarterly Activities Report - September 2026 Page 9 of 31 metres towards an old ore pass and the historic 683 Level workings. • The 620_MI_RI_1745N rise was developed and completed to form the initial void for the 620_M1_STP_1695N trial long hole stope. Image 6: Reward Gold Mine main development areas Airleg stoping continued on the high-grade Paxtons Reef. Three lifts of the 677_PX_STP_1472N stope were completed during July, with Lifts 1 to 5 being mined between the 677 Sub Level and the 695 Level and a further airleg panel planned (Image 7). Airleg activity in the northern part of the 677 Level focused on defining the North Paxtons stoping block, which was scheduled for mining in mid to late September 2026. Image 7: 677 Level main airleg stoping area (677_PX_STP_1472N) First mechanised long hole stope – Decline 3 On 3 August 2026, the Company announced the first production firing of its trial long hole open stope at Decline 3 (620 M1 STP 1695N), developed on the high-grade Mica 1 lens from the base of Decline 3. The stope comprises an 8 metre airleg slot rise with long hole rings designed to a mining width of approximately 1.2 metres, consistent with the Company’s Vertex Minerals Ltd Quarterly Activities Report - September 2026 Page 10 of 31 airleg stoping widths. At this width, the stope is believed to be among the narrowest mechanised long hole stopes mined in Australia to date. Ahead of the firing, the underground team completed approximately 350 metres of hanging wall cable bolt installation and 680 metres of production drilling, using a modified jumbo as an interim solution pending arrival of the Muki long hole rig (Images 8 and 9). The stope marks the start of a bottom-up mining sequence at Reward and replaces the historical practice of mining the Mica 1 and Mica 2 veins together at a highly dilutive 4 metre width. Image 8: Long section of the Decline 3 trial long hole stope and airleg rise Image 9: Decline 3 long hole stope (620 M1 STP 1695N), showing panel sequence, hanging wall rises and P1 extension Initial production screening of ore from the stope returned high-grade quartz with visible gold*, consistent with the Company’s expectations for the Mica 1 lens. The diluted head grade to the plant from the 1,200 tonne stope was lower than the expected grade of approximately 8 g/t Au**. Ore from the stope began processing in August 2026. During the quarter, Panels 1 to 3 were completed. The trial stoping proved that the rig design over a 8m Vertex Minerals Ltd Quarterly Activities Report - September 2026 Page 11 of 31 stope length could produce a mined stope width of <1.2m wide. With the new profile of the narrow drives, overbreak can be significantly mitigated. *The presence of visible gold is not necessarily indicative of the overall grade of the ore and should not be considered a substitute for laboratory assay results. **These production estimates are preliminary, based on the Company’s geological model, which does not constitute a Mineral Resource or Ore Reserve estimate, and may be revised as further information becomes available. Image 10: The 8 metre long hole slot rise at Decline 3, Mica 1 lens, following the trial stope’s first firing Image 11: Quartz with visible gold recovered from production screening of trial stope ore. The presence of visible gold is not necessarily indicative of the overall grade of the ore and should not be considered a substitute for laboratory assay results. Vertex Minerals Ltd Quarterly Activities Report - September 2026 Page 12 of 31 Image 12: Stopes are bogged using the remote-controlled Aramine loaders Operational and Strategic Changes During the quarter, Vertex continued to implement a series of operational initiatives at the Reward Gold Mine designed to increase development grades, expand mining fronts and complete the transition to mechanised long hole stoping. • Narrower development drives Muki rail sets were fitted to both the Epiroc T1D and Atlas Copco H104 jumbos during July 2026. The narrower rail configuration allows smaller drive dimensions to be developed, which is expected to reduce dilution by more than 20% for an equivalent cut length and improve the grade of ore delivered to the ROM pad. The first development using the new drive profiles were mined in October 2026. • Mechanised long hole stoping The Company has ordered a Resemin Muki LHBP narrow vein long hole production drilling rig – a low-profile machine with a short mast configuration suited to the narrow, confined drives at Reward. Construction of the rig was scheduled for completion in mid-September 2026 ahead of shipping to Australia in November 2026. • Fleet capacity The second Bird underground truck arrived in Australia during the quarter and was taken to Orange, NSW, to be fitted with fire suppression and the modifications required for compliance with MDG 15 (the NSW guideline for mobile and transportable equipment used in mines) (Image 13). The additional truck increases haulage capacity as continuous operations begin. Vertex Minerals Ltd Quarterly Activities Report - September 2026 Page 13 of 31 Image 13: The second Bird underground truck • Workforce and nightshift Vertex is recruiting approximately 10 additional roles across mining, maintenance and technical services to support the commencement of nightshift, drawn predominantly from the Bathurst region. The rostering transition from one shift to two shifts, and then to continuous operations, is under way. • Mine planning and scheduling The mine plan has been updated to reflect continuous operations. Near-term focus areas include the 677_PX_STP_1472N airleg stope, the 683 North ore drive and North Paxtons stoping block, the 618 Level ore drive and 600 Level bypass off Decline 2, the Star of Peace ore drive and the remaining rehabilitation of Decline 1. • Underground drilling The additional development capacity from 24-hour operations allows the Company to cut dedicated drill cuddies and platforms without displacing ore development from the production schedule. Underground diamond drilling is planned to commence in the first quarter of 2027. Processing and Gold Production Gold production during the September 2026 quarter continued to be sourced from development ore and airleg stope ore, with ore from the first long hole stope processed from August 2026. Production was constrained by the single-shift operating conditions in place for the whole of the quarter and by reduced development in July while the jumbos were fitted with Muki rails. The following table summarises gold production and sales performance for the September 2026 quarter: Month (unaudited) Gold Produced (oz) Gold Sold (oz) Gross Revenue ($) Gold on Hand (oz) July 2026 59 49 $282,119 32 Vertex Minerals Ltd Quarterly Activities Report - September 2026 Page 14 of 31 Month (unaudited) Gold Produced (oz) Gold Sold (oz) Gross Revenue ($) Gold on Hand (oz) August 2026 105 49 $307,868 87 September 2026 39 44 $269,864 82 Quarter Total 203 142 $859,851 Table 5: Gold production results from the Reward Mine during the September 2026 quarter, by month July 2026 Gold sold in July 2026 was 49 oz1, with a further 32 oz of gold on hand and available for sale at the end of the month, gold produced was 59 oz. Development advanced 37 metres, with a further 20 metres of rehabilitation, while each jumbo was offline in turn for the fitting of the Muki rails. Three lifts of the 677_PX_STP_1472N airleg stope were completed, and the first panel of the Decline 3 trial long hole stope was fired at the end of the month. August 2026 Gold sold in August 2026 was 49 oz, with 87 oz of gold on hand at the end of the month, consisting of 27 oz awaiting processing by the refinery and 60 oz of low-grade concentrate. Gold produced was 105 oz consisting of high-grade concentrate sent to the refinery and 60 oz of low-grade concentrate. August 2026 gold production figures have been updated from what was reported on ASX:VTX release dated 18 September 2026, based on revised test work completed on the low-grade gold concentrate previously unreported. September 2026 Gold sold in September 2026 was 44 oz, with 82 oz of gold on hand at the end of the month, consisting of 22 oz in high grade concentrate and 60 oz of low-grade concentrate. Gold produced was 39 oz. Processing Plant The Reward gravity-only processing plant continued to operate on underground ore throughout the quarter, using the TOMRA ore sorter to reject waste ahead of the Gekko gravity circuit. Rejected waste is returned underground as stope fill, and no cyanide or other chemicals are used. While the plant is capable of gold recoveries of up to 95%, recoveries during the quarter reflected the feed profile. Under the varied EPL, the processing plant is licensed to operate from 6:00am to 6:00pm, 7 days per week. Continuous underground operations are expected to smooth the supply of ore to the ROM pad and allow the plant to be scheduled with greater confidence. Updated Mineral Resource Estimate – Reward Gold Mine On 2 September 2026, the Company released an updated Mineral Resource Estimate for the Reward Gold Mine, prepared by independent consultants HGS Australia in accordance with 1 ASX:VTX release dated 25 August 2026 “Ore Production Update - 24hrs 7days Underground Operations” incorrectly reported July 2026 gold sales to be 59oz. Vertex Minerals Ltd Quarterly Activities Report - September 2026 Page 15 of 31 the JORC Code (2012). The announcement was re-released on 10 September 2026 to include, in the body of the announcement, the summary of material information required by ASX Listing Rule 5.8.1. The Mineral Resource Estimate itself was unchanged (Table 6). Classification Cut-off (g/t Au) Tonnes Au (g/t) Contained Au (oz) Indicated 4.0 80,000 21.17 54,700 Inferred 4.0 194,000 14.76 92,200 Total 4.0 274,000 16.68 146,900 Table 6: Reward Gold Mine Mineral Resource Estimate, August 2026 (200 g/t Au top-cut, 4.0 g/t Au lower cut- off). Figures are rounded and may not sum exactly. The Company has not declared an Ore Reserve for the Reward Gold Mine. Compared with the June 2023 estimate, total contained ounces decreased by 35% from 225,200 oz to 146,900 oz, while the Indicated grade increased by 36% from 15.54 g/t Au to 21.17 g/t Au and the overall Resource grade was effectively unchanged (16.68 g/t Au compared with 16.72 g/t Au) (Image 14). The reduction in ounces is attributable to the application of a 200 g/t Au top-cut to a small number of extreme outlier assays, and to a reduction in the number and size of interpreted lodes following mine reconciliation, underground mapping and development. Reported on an uncut basis, the estimate would be 276,000 tonnes at 21.57 g/t Au for 192,000 ounces; the Company has elected to report the more conservative top-cut estimate. Image 14: Reward Gold Mine Mineral Resource Estimate – June 2023 compared with August 2026 The updated estimate does not result in any material change to the Company’s current mine plan or underground development schedule; the lodes currently being developed and stoped are unaffected. The Competent Person has identified that some recent underground face samples fall outside the current lode wireframes, and a further re-interpretation incorporating this data has been completed internally and requires independent assessment. This may result in changes to the Mineral Resource Estimate, in either direction. The re-interpretation defined three priority underground drill target areas: depth extensions Vertex Minerals Ltd Quarterly Activities Report - September 2026 Page 16 of 31 below the existing Resource; remnant high-grade material in and around the historic Hawkins Hill mine directly above Reward; and down strike to the south at Fosters, approximately 400 metres south of Reward, which is accessible from the existing Fosters adit within ground covered by existing Mining Leases and Development Consent. The Fosters Exploration Target (ASX announcement 29 August 2023) is unchanged at 524,000 tonnes at 12.5 g/t Au for 211,000 ounces (lower range) to 524,000 tonnes at 19.0 g/t Au for 321,000 ounces (upper range). The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to define a Mineral Resource at Fosters, and it is uncertain whether further exploration will result in the determination of a Mineral Resource. Hargraves Gold Project (Hill End, NSW) Background The Hargraves Project is located approximately 35 kilometres north of Hill End in the Central Tablelands of New South Wales, within the highly prospective Eastern Lachlan Fold Belt. The project comprises two granted exploration licences (EL 6996 and EL 9485) covering the historical Hargraves Goldfield. The area has a rich mining history, with more than 1.4 million ounces of