Announcement PDF 31 MARCH 2025 ASX/MEDIA RELEASE AERIS DELIVERS MATERIAL INCREASE IN COPPER AND GOLD AT CONSTELLATION  Updated Mineral Resource estimate (MRE) for the Constellation deposit now totals 7.6 million tonnes at 2.01% Cu, 0.66g/t Au and 2.5g/t Ag, containing: ― 153kt Cu metal, 161koz Au metal and 608koz Ag metal ― Represents a 24% increase in contained copper metal and 29% increase in contained gold metal compared to the previous MRE1  Indicated Mineral Resource has grown substantially to 5.3Mt @ 1.75% Cu, 0.66g/t Au and 2.7g/t Ag, containing: ― 94kt Cu metal, 112koz Au metal and 462koz Ag metal; ― Represents a 279% increase in contained copper metal and 333% increase in contained gold metal compared to the previous MRE1  A substantial increase in Indicated Resource provides a strong foundation for potential conversion to Probable Ore Reserve 2  Open pit resource increased by 46% to 4.7Mt at 1.9% Cu and 0.6g/t Au3 with 3.2Mt4 of potential high-grade, primary/supergene mill feed  The Constellation deposit remains open down-plunge, with strong potential for further growth 1 Refer to ASX announcement “Constellation Mineral Resource Update” dated 18 th August 2022. 2 Conversion to Ore Reserve is subject to economic assessment and the application of appropriate modifying factors. 3 Comprises Indicated resource of 4.1Mt at 1.7% Cu, 0.6g/t Au and Inferred resource of 0.6Mt at 3.5% Cu, 0.5g/t Au. 4 Comprises Indicated resource of 2.6Mt at 2.3% Cu, 0.9g/t Au and Inferred resource of 0.6Mt at 3.5% Cu, 0.5g/t Au subject to conversion to an Ore Reserve. Aeris Resources Limited ABN 30 147 131 977 Level 6, 120 Edward Street, Brisbane, 4000 E: info@aerisresources.com.au T: +61 7 3034 6200 F: +61 7 3034 6290 aerisresources.com.au ABN 30 147 131 | Page1 977 Established Australian copper-gold producer and explorer, Aeris Resources Limited (ASX: AIS) (Aeris or the Company) is pleased to announce an updated Mineral Resource estimate (MRE) for the Constellation deposit, located within the Company’s 100% owned Tritton tenement package in New South Wales. Aeris’ Executive Chairman, Andre Labuschagne, said, “This is a great outcome for Aeris and confirms our confidence in Constellation becoming a major ore source for Tritton in the near future. Focus will now turn to completing the feasibility study on the deposit and declaring a maiden Ore Reserve. With over 5Mt now in Indicated status, we have a strong foundation for this initial Ore Reserve.” “The updated MRE features a substantially larger open-pittable deposit, potentially transforming Tritton’s future mine plan outlook. This expansion could support a significantly longer life open pit operation than initially anticipated, with potentially 3.2Mt of feed to the Tritton mill grading more than 2.5% copper and 0.8g/t gold 5. The revised pit shell now incorporates the high-grade mineralisation associated with the complex subvertical zone, simplifying the mine plan.” “Finally, the strong gold grade of 0.66g/t materially improves the potential economics of an operation at Constellation, particularly given the current high gold price environment. Pleasingly, the latest metallurgical test works also shows very high gold recoveries into concentrate of 83% from primary ore, significantly greater than recoveries from historic Tritton deposits of around 50%6.” CONSTELLATION MINERAL RESOURCE ESTIMATE An updated geological interpretation and Mineral Resource estimate (MRE) has been completed for the Constellation deposit, incorporating results from an additional 91 drill holes. The majority of these drill holes formed part of a resource definition program aimed at converting Inferred material to an Indicated classification. A small number of drill holes tested strike extensions beyond the previously reported MRE, below the -200mRL level. The March 2025 MRE for the Constellation deposit totals 7.6 million tonnes at 2.01 percent copper, 0.66 gram per tonne gold, 2.5 gram per tonne silver for 153 thousand tonnes of copper metal, 161 thousand ounces of gold metal and 608 thousand ounces of silver metal (see Table 1). 5 Comprises Indicated resource of 2.6Mt at 2.3% Cu, 0.9g/t Au and Inferred resource of 0.6Mt at 3.5% Cu, 0.5g/t Au subject to conversion to an Ore Reserve. 6 Metallurgical recovery assumptions based on test work completed by Core Resources, who undertook testing across four oxide, two supergene and 2 primary composite samples. Refer to page 16 and Appendix E for further details. 2|P a g e This represents a material increase in the total reported Mineral Resource and Indicated material (see Table 2). Table 1: March 2025 Constellation Mineral Resource 7,8,9. MARCH 2025 CONSTELLATION MINERAL RESOURCE Mining Method OPEN PIT (OP) Cu Mineralisation Type Oxide Resource Cut-off Category ($/t) NSR I ndicated $18 Ag (g/t) 0.9 Cu metal Au metal Ag metal (kt) (koz) (koz) 9 9 46 0.6 0.2 2,600 2.3 0.9 3.5 60 73 Supergene/Primary $59 600 3.5 0.5 3.1 20 9 55 4,100 1.7 0.6 2.6 69 82 341 I nferred v arious I nferred v arious I ndicated Primary I nferred $108 Total Total (OP & UG) Au (g/t) $59 Total Total (UG) Cu (%) Supergene/Primary I ndicated I ndicated Total (OP) Tonnage (kt) 1,500 I ndicated v arious I nferred Total v arious 294 600 3.5 0.5 3.1 20 9 55 4,700 1.9 0.6 2.6 88 91 396 1,200 2.1 0.8 3.1 25 31 121 1,700 2.3 0.7 1.6 40 39 92 2,900 2.2 0.7 2.3 65 69 212 5,300 1.8 0.7 2.7 94 112 462 2,300 2.6 0.7 2.0 60 48 147 7,600 2.0 0.7 2.5 153 161 608 Geological understanding of the Constellation deposit has advanced significantly, driven by closely spaced infill drilling and supported by detailed sectional interpretations across the deposit. Importantly, the improved geological interpretation, together with the additional drill hole data, has not resulted in material changes to the modelled copper domains used for estimation. The March 2025 Mineral Resource Estimate incorporates updated economic parameters and is reported using net smelter return (NSR) cut-offs, which vary depending on the mining method (open pit or underground) and processing route (heap leach or flotation). Metal price assumptions applied include a copper price of USD $10,337/t, gold at USD $2,797/oz, and silver at USD $33.67/oz, with an AUD:USD exchange rate of 0.682. A significant copper sequential assay program has been completed across the Constellation deposit, encompassing oxide, supergene (transitional) and the upper portion of fresh sulphide domains. The assay program was based on a 40m x 40m drill hole spacing that has led to the refinement of the spatial extent of copper 7 Open pittable Mineral Resource figures are reported within a constraining pit shell applying the following metal price and exchange rate assumptions: USD$10,337/t Cu, USD$2,797/oz Au, USD$33.67/oz Ag and AUD:USD 0.682. Cut-off grade NSR of $18/t for open pit oxide, $59/t for open pit supergene/primary. 8 Underground Mineral Resource figures are reported at a $108/t NSR cut-off. 9 Discrepancy in summation may occur due to rounding. 3|P a g e speciation domains, along with a better understanding of the internal copper speciation ratios within each domain. A reporting pit shell was used to report a potential open-pit Mineral Resource. Copper oxide mineralisation was reported at a $18/t net smelter return (NSR) cutoff. Supergene and primary copper sulphides are reported at a $59/t NSR cut-off. An underground mineral resource was reported from stope optimisation (SO) shapes using a $108/t NSR. The Mineral Resource has been constrained using pit optimisation and stope designs consistent with the JORC Code (2012) requirement for Reasonable Prospects of Eventual Economic Extraction (RPEEE). The March 2025 MRE is classified as Indicated and Inferred, based on 264 drill holes. The Indicated Mineral Resource extends from near surface (~5m) to a depth of 330m below surface and includes oxide, supergene and primary sulphide mineralisation. Indicated Mineral Resource is reported from areas with a drill density up to a nominal 40m x 40m spacing within the conceptual pit shell and underground SO shapes. The geological interpretation is consistent between drill sections, and grade continuity is well understood. Inferred Mineral Resource is based on a nominal drill spacing up to 80m (strike) x 100m (dip) where there is a sound conceptual understanding of the geological framework and grade distribution. Inferred material is primarily located in deeper, sparsely drilled portions of the deposit, beneath the Indicated Resource. The Mineral Resource has been reported in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves 2012 (JORC Code). A summary of all assumptions used for reporting the Mineral Resource are included in the Appendices. 4|P a g e Figure 1 – Long section looking west showing the March 2025 Indicated and Inferred Mineral Resource 5|P a g e Figure 2 – Cross sections through the March 2025 MRE showing estimated Cu grades and informing drill holes. Note: Cross sections displaying drill hole data +/-20m from the section plane. The block model is reporting along the section plane. 6|P a g e CONSTELLATION MRE CHANGES The updated 2025 Constellation MRE has resulted in a significant increase in both the total Mineral Resource and the Indicated category (see Table 2). Key changes reflect the completion of an extensive resource definition drilling program, revised economic inputs (including updated metal prices), changes to reporting cut-off methodology, and the inclusion of new mineralisation along strike (at depth) following a limited resource extension drill program. The total Mineral Resource has increased by 15% in tonnage, 24% in contained copper metal, and 29% in contained gold metal (refer to Table 2). Key changes contributing to this update are shown in Figures 3 and 4 and include:  1.4Mt and 33kt Cu metal have been added from extensional drilling, primarily below the -200mRL level. These additions are shown under the Additions/Adjustments tab on the waterfall chart.  A reduction of 0.5Mt and 8kt Cu metal resulting from applying $108/t SO shapes for reporting underground Mineral Resource. This differs from the previous approach, which reported at a 0.9% Cu cut-off grade on a block by block basis. This is shown under the Spatial Constraint/Mining Factors tab.  The remaining changes are minor and associated Economic Factors (NSR cut-off using updated metal price assumptions and recoverable copper from copper speciation results) and Model Changes (thickness and grade variations within the previously reported Mineral Resource). The Indicated Mineral Resource has increased materially to 5.3Mt at 1.8% Cu, 0.7g/t Au and 2.7g/t Ag, containing 94 kt copper metal, 112koz gold metal and 462koz of silver metal. This represents a 133% increase in tonnage, 279% in contained copper metal, and 333% in contained gold metal compared to the August 2022 Indicated estimate10. Key changes contributing to this update are shown in Figures 5 and 6 and include:  1.9Mt and 42kt Cu metal have been added from reporting within a larger pit shell. The updated pit shell incorporates revised metal price assumptions (refer to Appendix E) and captures a greater proportion of the high-grade supergene and primary copper sulphide domains. This is shown under the Spatial Constraint/Mining Factors tab.  A reduction of 0.3Mt and 1kt Cu metal resulted from applying recoverable copper from copper speciation assays, primarily impacting the copper oxide mineralisation. 10 Refer to ASX Announcement “Constellation Mineral Resource Update” dated 18 th August 2022. 7|P a g e Table 2: Constellation MRE comparison between the March 2025 August 2022 MRE 11,12,13,14. 11 2025 Open pittable Mineral Resource figures are reported within a constraining pit shell applying the following metal price and exchange rate assumptions: USD$10,337/t Cu, USD$2,797/oz Au, USD$33.67/oz Ag and AUD:USD 0.682. NSR cut-off of $18/t for open pit oxide, $59/t for open pit supergene/primary. 12 2025 Underground Mineral Resource figures are reported within $108/t NSR stope optimiser shapes. 13 Discrepancy in summation may occur due to rounding. 14 August 2022 Mineral Resource supporting documentation refer to ASX Announcement “Constellation Mineral Resource Update” dated 18th August 2022. 8|P a g e Figure 3 – Constellation total MRE tonnage changes from August 2022 to March 2025 Figure 4 – Constellation total MRE Cu metal changes from August 2022 to March 20225 9|P a g e Figure 5 – Constellation Open Pit MRE tonnage changes from August 2022 to March 2025 Figure 6 – Constellation Open Pit MRE Cu metal changes from August 2022 to March 2025 10 | P a g e NEXT STEPS Work at Constellation will now focus on the completion of the feasibility study on an open pit and underground operation with ancillary surface infrastructure. The feasibility study is expected to be complete in Q2 FY26 and will inform the release of a maiden Ore Reserve estimate. The Environmental Impact Statement (EIS) for Constellation development has been lodged with the NSW Department of Planning and Environment with determination and the granting of the Mining Lease expected within CY25. Upon completion of the feasibility study and receipt of final approvals, the project will be submitted for final investment decision by the Aeris Board. CONSTELLATION DEPOSIT - GEOLOGY The Constellation deposit is hosted within the ‘early to mid’ Ordovician metasediments of the Girilambone Group, a sequence of highly deformed and strongly foliated sandstones (psammites), quartzite, pelites, phyllite, chert and graphitic shales with lesser mafic units. Regional metamorphism is of lower-to-middle greenschist facies, with abundant quartz, muscovite, chlorite, and minor epidote. Altered Alpine and Alaskan-type ultramafic bodies are also present, residing in the east of the region. The deformation history of the area has resulted in the development of shear zones, faults and multiple generations of folding, with two prominent foliations developed. North-northwest post-orogenic monzodiorite intrusions crosscut these older sequences. The Constellation deposit bears marked similarities with other copper deposits discovered within the Tritton Copper Operations tenement package, including the large Tritton (+20Mt) and Murrawombie (+15Mt) deposits. These mineralised systems are typically constrained by structural and lithological elements and form pipe-like bodies. Deposits in the area, including Constellation, appear to correlate with zones of structural complexity, with evidence that mineralisation occurred late in the structural history. Folding and faulting in these structural domains have allowed for dilation and transport of enriched fluids to precipitate copper +/- gold +/- silver mineralisation within modified lithologic and structurally controlled positions. The mineralisation style at Constellation comprises massive, banded to disseminated sulphides with pyrite, chalcopyrite and minor pyrrhotite in the primary zones. There are also well-developed oxide and supergene mineralised horizons. Within the oxide domain, dominant copper minerals include malachite and azurite with minor chrysocolla and native copper. Underlying the oxide horizon is a supergene domain which is dominated by the presence of chalcocite with varying quantities of pyrite and lesser chalcopyrite +/- malachite/azurite. 11 | P a g e The highest copper grades occur in quartz-rich zones with chalcopyrite brecciainfill, and in chalcocite domains. The mineralised system plunges moderately to the south-east (30°) and consists of two structural zones. The main zone dips moderately to the east, and on its northern side, a steep zone (standup zone) is present, which dips to the south. The orientation change of the system is both shear and fold related. The Constellation mineralised system has been traced 1,100m down plunge and up to 300m along strike. The deposit remains open down plunge. Previously reported DHEM surveying detected two large conductive bodies which extend below the base of drilling15, providing encouragement that the mineralised system remains open down-plunge and along the northern and southern boundaries. 15 Refer to ASX announcement “Quarterly Activities Report – December 2021” dated 28 th January 2022. 12 | P a g e Figure 6 – Long section looking west showing the modelled copper mineralised domains and drill hole intercepts (Cu assays). 13 | P a g e Drilling and sampling techniques Exploration and Resource Definition drilling has been undertaken using Reverse Circulation (RC) and Diamond Drilling (DD) methods. RC pre-collars with diamond drill tails (RCD) have also been used. Only assays from RC, RCD and DD drilling were included in the dataset used to inform the resource model. Drillhole information used to inform the March 2025 MRE includes a total of 110 RC holes and 154 diamond holes for a total of 52,012.2m, of which 42,794.8m are diamond core (82%). Drilling at the Constellation deposit was completed by DRC Drilling and Durock Drilling, as contracting agents for Aeris Resources Limited. Drilling to 200m below surface was primarily via RC drilling on a nominal 25m-30m x 25m30m drill spacing. Below 200m, all drilling has been completed via diamond drilling methods. The drill spacing varies from 40m x 40m to 80m x 80-100m. Diamond drill core was nominally sampled at 1.0m intervals; however, sample lengths were primarily determined by geological boundaries, including lithology, sulphide textures and visual copper mineral content. Sample intervals varied between a minimum of 0.20m to a maximum 1.40m. All diamond drill core was halved along the core axis using a core saw, with one half dispatched for analysis and the other half retained in the original core tray. Half core samples were sent to a certified sample preparation and assay laboratory. Upon arrival at the laboratory, each sample was weighed and recorded. Samples weighing more than 3 kg were crushed using a Boyd crusher (90% passing 2mm) and then split into a sub-sample of between 2 and 3 kg using a rotary splitter. The sub-sample was pulverised and homogenised using an LM5 mill to 80% passing 75µm. A, 300g sample was taken from the pulverised material for assaying. Samples weighing less than 3kg were crushed via a jaw crusher to 70% passing 6mm, and the whole sub-sample was pulverised and homogenised in an LM5 with a 300g sub-sample taken for assaying. Sample recoveries from the RC drill program averaged greater than 90%. An assessment of recovery was visually made at the drill rig from sample return to the cyclone. One metre composite chip sub samples were collected from the cyclone splitter off the RC drill rig. All RC sample chips were logged by the on-site geologist in 1m intervals. Based on the observed geology, either 1m or 4m sample intervals were selected for laboratory analysis. The intent was to ensure samples that were within or proximal to copper mineralisation were sampled at 1m intervals. Sample blanks and certified reference materials (industry standards) were routinely submitted at a frequency of 1 in 20. Field duplicates were retained from RC holes and re-submitted periodically to test assay reproducibility. 14 | P a g e Modelled Domains All geological domain wireframes used for the resource model are based on 1m composited drillhole data. For each estimated variable (copper, gold, silver, sulphur, iron and density), distinct populations were identified from statistical analysis and grade distributions viewed spatially in 3D. Domain wireframes were generated for the estimated elements based on grade shells, except for the weathering profiles that were based on drill logs. The copper domains were created within a 0.1% copper grade shell in the oxide domain, and 0.3% copper grade shells in the supergene and primary sulphide (chalcopyrite) mineralisation (based on copper sequential data analysis) Different grade shells were created for gold, silver and sulphur/iron domaining based on statistical analysis of assay data. The iron and sulphur are highly correlated elements and, therefore, were estimated in the same grade domains. Estimation parameters Aeris Resources has completed data validation, QA/QC, geological interpretation, geological modelling, and resource estimation internally. All data collected from the exploration and resource definition drill program at Constellation is stored within the company’s acQuire database. Ordinary Kriging (OK) was used for estimating copper, gold, silver, sulphur, iron, and density within a block model with a parent block size of 10.0 m (east) x 10.0 m (north) x 5.0 m (RL). The block model is subdivided into cells with a minimum size of 1.0m x 1.0m x 1.25m to ensure accurate volumes are reported from each estimation domain. Grade estimates within each sub block are awarded the parent block grade. Kriging neighbourhood analysis was performed to determine an appropriate block size and sample selection protocols. The application of a top-cut was considered for each estimation domain (mineralised and background) for all elements. Most estimation domains applied a top-cut to exclude outlier high grades. The assessment of top-cuts was completed through statistical analyses (histogram distribution, lognormal probability plots, and summary statistics) and by reviewing the spatial location, continuity, and continuity of grade trends. All contacts are treated as hard domain boundaries based on reviewing grade trends between adjoining estimation domains. Different search parameters and variogram models were used as deemed appropriate for the specifics of each estimation domain. The resource model was validated using a variety of methods, including visual and statistical approaches. These methods included comparing declustered composite data against the OK block estimates within each estimation domain and a visual comparison of estimated block grades against the composited data. 15 | P a g e Mineral Resource Classification The March 2025 Constellation MRE has been classified as Indicated and Inferred, based on drill density and confidence in the geological interpretation and grade estimation. Indicated Mineral Resource is reported from areas with a drill density up to 40m x 40m with a good understanding of the geology and copper grade continuity. Inferred Mineral Resource is classified within areas with wider drill spacing, up to 80m along strike and 100m along the dip plane. Geological understanding is appropriate at the domain scale, and there is some understanding of mineralisation between drillholes. Cut-off grade/reporting criteria The March 2025 Constellation MRE has been reported using Net Smelter Return (NSR) cut-off values to reflect the potential open pit and underground Mineral Resources. A range of NSR cut-off values has been used to report the Mineral Resource, taking into consideration the mining method and processing stream. Key input parameters used for the NSR valuation include metal prices (AUD$10,337/t copper, AUD$2,797/oz gold, AUD$33.67/oz silver, variable operating costs, processing streams, and metallurgical recoveries. Potential open-pittable Mineral Resource is reported within a conventional LerchsGrossmann Pit optimisation shell generated using Maxflow algorithm. Copper oxide mineralisation is reported at a $18/t NSR cut-off, while supergene and primary copper sulphide mineralisation is reported at a $59/t NSR cut-off. The cost difference reflects the different processing streams: heap leach for copper oxide and flotation for the supergene and primary copper sulphide domains. The underground Mineral Resource is reported from within SO shapes at a $108/t NSR cut-off. Metallurgical recovery assumptions are based on a test work program completed by Core Resources, who undertook testing across eight (8) Constellation composites encompassing the different mineralised horizons. In total, analysis was completed on four oxide, two supergene and two primary composites. Oxide Bottle roll and column leach tests were performed on oxide composites and revealed variable copper recovery across the oxide deposit. However, leach performance was well predicted by the acid soluble proportion within the copper 16 | P a g e speciation test (copper sequential assay), with recovered metal matching the acidsoluble copper assay. Therefore, recovery within the oxide domain is outlined as:  Cu recovery 100% (of acid soluble Cu assay), Au recovery 0%, Ag recovery 0% Supergene Composites were subjected to flotation tests based on standard Tritton operating conditions. Flotation results were favorable with rougher only flotation resulting in high metal recovery (Cu recovery +97%, Au recovery 86.7%) to saleable concentrate grades (24.4% Cu). Due to the limited volume of tests, a more conservative copper recovery reflecting that applied to other Tritton orebodies has been applied.  Cu recovery 94.5%, Au recovery 86.7%, Ag recovery 34.7% Primary Composites were subjected to flotation tests based on standard Tritton operating conditions. Again, flotation results were favorable with locked cycle flotation resulting in high metal recovery (Cu recovery +96.6%, Au recovery 87.1%) to saleable concentrate grades (23.1% Cu). Due to the limited volume of tests, a more conservative copper recovery reflecting that applied to other Tritton orebodies has been applied.  Cu recovery 94.5%, Au recovery 87.1%, Ag recovery 83.1% Underground stope optimisation Based on the Constellation deposit geometry, the sub-level open stoping (SLOS) mining method was selected as the basis for inventory shape generation. The Deswik Stope Optimiser (SO) software was used to generate shapes that satisfy the Reasonable Prospects of Eventual Economic Extraction (RPEE) requirement. The SO process considered various stope designs, and cost and revenue parameters to establish inventory shape extents. Inventory shapes intersecting the reporting pit shell have been excluded. Shape geometry has been informed by the experience at other Tritton deposits with a mix of transverse and longitudinal sub-level open stoping (SLOS) shapes generated. The general SO parameters are presented in Table 3 below. 17 | P a g e Table 3: Economic and other parameters applied to stope optimisation. KEY STOPE OPTIMISATION PARAMETERS Parameter Value Economic Cutoff A$108/t Level spacing 20 m Strike Length 15 m Source/Rationale Tritton current practice / amenable to Constellation Minimum mining width 3m Stope Splitting Interval 15 m Transverse splitting interval of 15 m Stope FW Angle 47° Maximum footwall angle to maintain flow of material Stope HW Angle 41° Minimum hanging wall angle to recover material Previous Information The drillhole information in this announcement that has been used for the Constellation Mineral Resource have been reported from previous ASX announcements all of which are available on the Company’s website at www.aerisresources.com.au. This announcement is authorised for lodgement by: Andre Labuschagne Executive Chairman ENDS For further information, please contact: Andre Labuschagne Executive Chairman Tel: +61 7 3034 6200 Stefan Edelman General Manager – Corporate Development investorrelations@aerisresources.com.au or visit our website at www.aerisresources.com.au About Aeris Aeris Resources is a mid-tier base and precious metals producer. Its copper dominant portfolio comprises two operating assets, a mine on care and maintenance, a long-life development project and a highly prospective exploration portfolio. Aeris has a strong pipeline of organic growth projects, an aggressive exploration program and continues to investigate strategic merger and acquisition opportunities. The Company’s experienced board and management team bring significant corporate and technical expertise to a lean operating model. Aeris is committed to building strong partnerships with its key community, investment and workforce stakeholders. 18 | P a g e Competent Persons Statement The information in this report that relates to Exploration Results and Mineral Resources is based on information compiled by Mr Brad Cox. Mr Cox confirms that he is the Competent Person for all Exploration Results and Mineral Resources summarised in this Report and he has read and understood the requirements of the 2012 Edition of the Australasian Code for Reporting of Exploration Targets, Exploration Results, Mineral Resources and Ore Reserves (JORC Code, 2012 Edition). Mr Cox is a Competent Person as defined by the JORC Code, 2012 Edition, having relevant experience to the style of mineralisation and type of deposit described in the Report and to the activity for which he is accepting responsibility. Mr Cox is a Member of the Australasian Institute of Mining and Metallurgy (MAusIMM No. 220544). Mr Cox has reviewed the Report to which this Consent Statement applies and consents to the inclusion in the Report of the matters based on his information in the form and context in which it appears. Mr Cox is a full time employee of Aeris Resources Limited. APPENDIX A: Table 1 – Summary of drill hole collar and survey details for drill holes referenced in the body of this report as part of the Constellation Mineral Resource. Hole ID Easting1 Northing1 RL (m) Total Depth Azimuth2 Dip Comments (m) (m) (m) TAKD001 TAKD002 TAKD003 TAKD004 TAKD005 TAKD006 TAKD007 TAKD008 TAKD009 TAKD010 TAKD011 TAKD012 TAKD013 TAKD014 TAKD015 TAKD016 TAKD017 TAKD018 TAKD019 TAKD020 TAKD021 TAKD022 TAKD023 TAKD024 TAKD025 TAKD026 TAKD027 TAKD028 498725 498420 498801 498750 498785 498701 498895 498896 498641 498777 498937 499128 499220 499220 499221 498861 498950 498893 498557 498528 498616