Announcement PDF Aeris Resources Limited 1 Quarterly Activities Report Quarterly Activities Report For the period ended 30 September 2025 Highlights  Group copper equivalent production of 10.3kt1 for the quarter at AISC of A$4.64/lb Cu eq  Cash and receivables at end of quarter of $46.4 million  Solid production from both Tritton and Cracow operations, in line with plan  Costs well managed within plan  $25 million growth capital invested in waste stripping at Murrawombie Pit with ore to be delivered over H2 FY26  Encouraging exploration at Avoca Tank with mineralisation intersected 400m down plunge of the current Mineral Resource  Grade model2 developed for the Golden Plateau deposit at Cracow to assist with next phase of exploration Unit Jun 25 Qtr Sep 25 Qtr FY26 Guidance Safety – LTIFR /mmhr 1.3 1.3 Copper produced kt 6.2 6.1 24 – 29 Gold produced koz 13.1 10.9 44 – 56 Silver produced koz 60.8 72.2 240 – 293 Cu eq production1 kt 10.9 10.3 40 – 49 Operating Costs Total mine operations A$M 89.2 79.0 302 – 369 Corporate A$M 5.9 6.4 21 – 26 Care & maintenance A$M 3.1 2.6 6 – 7 Capital Costs Sustaining A$M 17.3 16.6 57 – 70 Growth & projects A$M 13.6 31.6 65 – 80 Exploration A$M 2.9 3.4 18 – 23 AISC3 A$M 108.6 105.0 AISC A$/lb Cu eq 4.50 4.64 1 Cu Eq t = ((Cu Produced x Cu $/t) + (Au Produced x Au $/oz) + (Ag Produced x Ag $/oz)) / (Cu $/t) Assumed average commodity prices FY26: US$9,429/t Cu, US$3,241/oz Au, US$35/oz Ag. Q1 prices: US$9,792/t Cu, US$3,454/oz Au, US$39/oz Ag. Aeris confirms that it is the Company’s opinion that all the elements included in the metal equivalents calculation have a reasonable potential to be recovered and sold. 2 Grade model developed for internal planning only. The grade model is not JORC 2012 compliant and does not represent either a Mineral Resource or Ore Reserve. 3 AISC from Sep 2025 excludes care and maintenance costs 2 Group Safety, Environment and Community Pleasingly, Aeris recorded another quarter with zero lost time injuries, with the Group LTIFR remaining steady at 1.3. There were no reportable environmental incidents during the quarter. Figure 1: Group LTIFR1 1 Some changes to historic data following a reconciliation of working hours records - 1 2 3 Oct-24 Nov-24 Dec-24 Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 LTI LTIFR 3 Tritton Operations (NSW) Key points for quarter:  Production of 6.1kt Cu at AISC of A$4.24/lb, consistent with the previous quarter  Murrawombie Pit Stage 1 ore processing complete and Stage 2 waste stripping underway  $25 million growth capital invested in waste stripping at Murrawombie Pit with ore to be delivered over H2 FY26  Avoca Tank mineralisation intersected 400m down plunge of the current Mineral Resource Production Summary Unit Jun 25 Qtr Sep 25 Qtr FY26 Guidance Ore Mined kt 455.8 284.7 Mined Grade % Cu 1.49 1.98 Ore Milled kt 382.1 358.3 Milled Grade % Cu 1.70 1.80 Recovery % Cu 95.6 95.0 Copper Produced kt 6.2 6.1 24 – 29 Gold Produced koz 2.0 2.0 8 – 10 Silver Produced koz 60.8 72.2 215 – 263 Cost Summary Mining A$M 41.8 28.0 Processing A$M 7.7 8.6 Site G&A A$M 5.7 6.1 TC/RCs A$M 1.9 1.5 Product Handling A$M 5.3 5.3 Total mine operations A$M 62.4 49.5 207 – 253 By-Product Credit A$M (12.9) (14.8) Royalties A$M 3.1 3.6 Corporate G&A A$M 0.5 0.5 Inventory Movements A$M (7.6) 4.0 Sustaining Capital1 A$M 12.4 14.3 39 – 48 All-In Sustaining Costs2 A$M 57.9 57.3 A$/lb 4.22 4.24 Growth Capital A$M 13.1 25.6 58 – 71 Exploration A$M 1.3 1.8 10 – 12 All-In Costs A$M 72.3 84.7 A$/lb 5.27 6.27 1. Includes sustaining capital, capitalised mine development, rehabilitation and financing payments (principal and interest) on leased assets 2. All-In Sustaining and All-In Costs are based on copper produced. 4 Operations Tritton achieved production of 6.1kt Cu in the September quarter, in line with the previous quarter. Underground production (predominantly from Avoca Tank and Budgerygar) was largely to plan although grades were lower than plan due to a change in mining sequence. The processing plant continued to perform well in July/Aug, supplemented with stockpiled ore from Murrawombie Pit. All Stage 1 ore from Murrawombie Pit has now been processed. Avoca and Budgerygar underground ore will continue to feed the mill whilst Stage 2 development activities is underway. Stage 2 development commenced in the quarter, with a third excavator mobilised to lift production rates. Stage 2 ore is expected to be delivered to the mill in Q3 FY26. Figure 2: Waste stripping at Murrawombie Pit At the Constellation project, technical work continued on open cut and underground mine design, metallurgical test work on oxide and sulphide ore and finalisation of infrastructure designs. Permitting activities also progressed as planned with the relevant regulators and government bodies. Work is being finalised on the open pit portion of the studies, which will result in an early Ore Reserve Estimate and the development of initial site execution plans, while studies on the underground component continue. Construction of the next lift of the TSF also commenced during the quarter. 5 Costs Costs at Tritton were in line with plan. Mining cost for September quarter was significantly lower than the previous quarter as it reflected operating costs incurred at both Avoca and Budgerygar underground operations. By comparison the prior period also included Stage 1 open pit costs. All costs currently incurred in relation to development activities of Stage 2 is capitalised until commercial production is achieved. Exploration During the quarter, over 17,000 metres of underground diamond drilling was completed, with a majority focused on grade control drilling at Avoca Tank and Budgerygar. Resource definition and exploration drilling was limited to a number of drill holes at Avoca Tank focused on down-plunge extensions to the known mineralised corridor. Two drill holes returned similar promising results intersecting sulphide mineralisation between 250 and 400 metres down plunge from the base of the reported Mineral Resource1 (refer to Figure 3). A down-hole electromagnetic survey (DHEM) is planned for early Q2. DHEM will be completed on two holes drilled below the current reported Mineral Resource to assist with vectoring toward thicker sulphide mineralisation down-plunge. Significant Intercepts:  ATEL083 337.0 - 359.8m @ 1.41% Cu (approx. 8.0m true width)  ATEL092 375.0 - 385.0m @ 1.94% Cu (approx. 7.4m true width)  ATEL083 604.8 - 608.2m @ 3.32% Cu (approx. 1.8m true width) In the upcoming quarter, a significantly greater portion of exploration and resource definition drilling will be completed at Budgerygar and Avoca Tank with the establishment of drill drives to facilitate deeper drilling down-plunge. A fourth drill rig is planned to commence drilling in December. 1 Refer to ASX announcement “Group Mineral Resource and Ore Reserve Statement” dated 22nd July 2025. 6 Figure 3: Long section looking east at the Avoca Tank deposit. Resource definition drill holes targeting down plunge extensions to mineralisation below the known Mineral Resource (green and blue solid wireframes) are shown 7 Cracow Operations (QLD) Key points for quarter:  Gold production 8.9koz in line with plan at AISC of A$3,692/oz  Costs well managed and on plan  Review of remnant mineralisation in the Western Vein Field has brought an additional 20koz Au into the mine plan  TSF lift construction progressing ahead of schedule  Grade model1 developed for the Golden Plateau deposit  Regional airborne magnetic and radiometric survey completed over the entire tenement package Production Summary Unit Jun 25 Qtr Sep 25 Qtr FY26 Guidance Ore Mined kt 133.8 142.3 Mined Grade g/t 2.68 2.16 Ore Milled kt 159.6 154.3 Milled Grade g/t 2.36 1.98 Recovery Au 91.1% 90.4% Gold Produced koz 11.0 8.9 36 – 46 Gold Sold koz 10.8 8.8 Cost Summary Mining A$M 16.3 19.6 Processing A$M 7.2 7.2 Site G&A A$M 2.9 2.8 Total mine operations A$M 26.5 29.6 95 – 116 By-Product Credit A$M (0.5) (0.5) Royalties A$M 3.0 2.6 Corporate G&A A$M 0.4 0.4 Inventory Movements A$M (1.0) (1.9) Sustaining Capital1 A$M 4.9 2.3 18 – 22 All-In Sustaining Costs2 A$M 33.3 32.5 A$/oz 3,075 3,692 Growth Capital A$M - 5.5 6 – 8 Exploration A$M 1.2 1.0 5 – 7 All-In Costs2 A$M 34.5 39.0 A$/oz 3,187 4,437 1. Includes sustaining capital, capitalised mine development, rehabilitation and financing payments (principal and interest) on leased assets 2. All-In Sustaining and All-In Costs are based on gold sold 1 Grade model developed for internal planning only. The grade model is not JORC 2012 compliant and does not represent either a Mineral Resource or Ore Reserve. 8 Operations Cracow performed well for the quarter, delivering 8.9koz Au despite being impacted by a 48 hour power outage and equipment issues. Grades were lower than plan due to prioritisation of operating development, which delivered lower grade material than stope ore. Development metres were significantly ahead of plan for the quarter. Grade is forecast to improve in Q2 with increased stope tonnes. A review of remnant mineralisation close to existing mine infrastructure has resulted in a further +20koz Au being brought into the mine plan. This additional material further extends the life of the Western Vein Field operations. Construction of the TSF lift is progressing well and is currently ahead of schedule. Costs AISC was in line with plan and lower quarter-on-quarter, although the lower grade mined resulted in fewer ounces produced and hence high costs on a unit rate basis. The focus on operating development resulted in recognising additional operational mining costs rather than capitalised development, increasing mining cost. Growth capital reported relates to TSF lift costs incurred in quarter with construction underway. Exploration Golden Plateau Deposit During the quarter, an internal and internal grade model1 was developed for the Golden Plateau deposit to generate prospective target areas for follow-up drilling underneath the existing open pit (Figure 4). Please refer to ASX announcement “Golden Plateau Project Update” dated 29 September 2025 for the full details. In summary, the unclassified grade model highlighted a large volume of mineralisation around the historical underground workings extending approximately 150m below the bottom of the pit. The follow-up drill program of approximately 7,000m is planned to start in November 2025 and is designed to address the gaps in the unclassified grade model by:  Collecting representative samples through mineralised lodes, including twinning historical high-grade intersections  Collecting geological information to further refine and improve the geology model/ understanding  Confirm/validate the current void model  Collecting geotechnical information as inputs to geotechnical design parameters  Collecting representative samples for metallurgical test work to support the determination of recovery factors applicable to the Cracow process plant. 1 The grade model does not represent a Mineral Resource or Ore Reserve under JORC 2012. 9 Figure 4: Plan view of the Golden Plateau deposit and drill traces, pending availability of drill sites Regional Magnetics Survey During the quarter, a regional airborne magnetic and radiometric survey was completed. This survey covered the entire 890 square kilometre exploration lease package and consisted of almost 8,000 line kilometres of data. There were two configurations for the survey parameters:  100 metre line spacing and 50 metre sensor height  200 metre line spacing and 300 metre sensor height. Data collected from the survey will be used to assist in defining the regional structural architecture and identifying prospective areas for on-ground exploration, including refining first-pass drill targets at the priority Southern Vein Field exploration target. 10 Figure 5: Regional Airborne Magnetics Survey (Reduced To Pole or RTP) across Exploration and Mining Leases at Cracow 11 North Queensland (QLD) Key points for quarter:  Operations on care and maintenance  Options for divestment are being advanced Jaguar (WA) Key points for quarter:  Operation in care and maintenance, incurring reduced costs of $2.1 million for the quarter. Costs planned to be further reduced in Q2.  Planning for the next phase of exploration is underway  Options for advancing gold exploration also being investigated Exploration Work during Q1 FY26 at the Jaguar Project focused on assessing geochemical responses around the Triumph area, advancing gravity-defined drill targets, and undertaking soil-sampling programs at the Halloween gold prospect. Mitre Geophysics also completed a review of the Jaguar downhole-EM survey data. A detailed assessment of geochemical pathfinders for volcanic-hosted massive sulphide (VMS) mineralisation at the Triumph Deposit identified antimony (Sb) and thallium (Tl), in combination with arsenic (As), zinc (Zn) and lead (Pb), as the most effective indicators. These elements define broad lateral halos, 50–100 metres wide, extending for more than 500 metres along strike, providing valuable vectors for future exploration. Approximately 370 surface rock samples were collected across eight gravity-defined targets with encouraging multi-element responses recorded at Cerberus, Minerva and Herminia. The Cerberus target, in particular, shows a strong elemental association including Ag, As, Bi, Co, Cu, In, Ni, S, Sb, Tl, W and Zn, suggesting proximity to a massive sulphide source. At the Halloween prospect, around 360 soil samples – comprising various fractions and sample sizes – were collected to determine optimal parameters for future DetectORE soil programs, with analytical results expected in early Q2 FY26. Stockman Project (VIC) Key points for quarter:  Comprehensive metallurgical test work on the Albion leach process completed this quarter.  Ongoing assessments of various processing options, including detailed capital and operating cost estimates were finalised during the quarter. Management is assessing next steps.  Project holding costs remain low  Stockman maintained its commitment to the local community, providing grants to several regional organisations. 12 Corporate Cash and Receivables At the end of the quarter, Aeris had useable cash and receivables of $46.4 million with a closing unrestricted cash balance of $32.0 million. Total restricted cash held against bonds remains $17 million. (A$ Million) Jun 25 Sep 25 QTR QTR Closing Cash 28.2 32.0 Receivables Cracow - - Tritton 21.3 14.4 Useable Cash and Receivables 49.5 46.4 Cash flow from operations at $53 million was significantly higher than the previous quarter due to timing of receipt of receivables (Tritton copper concentrate) and improved commodity prices. (A$ Million) Jun 25 Sep 25 QTR QTR Opening cash 22.4 28.2 Cash flow from operations 34.0 53.1 Cash flow from capital expenditure (24.9) (46.6) Cash flow from financing (3.2) (2.7) Closing cash 28.2 32.0 Figure 6: Sep Quarter Cash Flow (A$M) 13 Debt and Hedging During the quarter the company entered into unsecured gold hedges for approximately 20koz at a forward price of A$5,145.75/oz. At the end of quarter, roughly 16.4koz is still to be delivered into the hedge . Debt on the balance sheet remained unchanged with $40 million drawn on the WHSP facility. Authorised for lodgement by: Andre Labuschagne Executive Chairman ENDS For further information, please contact: Andre Labuschagne Stefan Edelman Executive Chairman General Manager – Corporate Development Tel: +61 7 3034 6200 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, multiple development projects 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. 14 Competent Persons Statement The information in this report that relates to Exploration Targets or Exploration Results at the Cracow Operation is based on information compiled by Craig Judson. Mr Judson confirms that he is the Competent Person for all Exploration Results, 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 Judson 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 Judson is a Member of the Australasian Institute of Mining and Metallurgy (MAusIMM No. 325510). Mr Judson 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 Judson is a full-time employee of Aeris Resources Limited. The information in this report that relates to Exploration Targets or Exploration Results at the Jaguar Operation is based on information compiled by Alain Cotnoir. Mr Cotnoir confirms that he is the Competent Person for all Exploration Results, 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 Cotnoir 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 Cotnoir is a Member of the Australasian Institute of Mining and Metallurgy (MAusIMM No. 315017). Mr Cotnoir 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 Cotnoir is a full-time employee of Aeris Resources Limited. The information in this report that relates to Exploration Targets or Exploration Results at the Tritton Operation is based on information compiled by Osvaldo Gonzalez. Mr Gonzalez confirms that he is the Competent Person for all Exploration Results, 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 Gonzalez 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 Gonzalez 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 Gonzalez is a full-time employee of Aeris Resources Limited. 15 APPENDIX A: Summary of Avoca Tank resource definition drill holes Hole ID Easting1 (m) Northing1 (m) RL (m) Total Depth (m) Azimuth1 Dip ATEL083 17,689.89 25,704.88 4,821.369 659.8 73.5 -66.5 ATEL089 17,689.89 25,704.88 4,821.369 329.6 110.0 -51.05 ATEL090 17,725.18 25,547.8 4,812.475 557.6 73.5 -67.25 ATEL092 17,747.97 25,538.17 4,812.423 433.6 33.5 -57.75 1 Easting and Northing coordinates are reported in the North East mine grid. 2 Azimuth is recorded as a magnetic azimuth reading. APPENDIX B: Summary of Avoca Tank significant resource definition drill intercepts. Hole From To Interval (m) True thickness (m) Cu (%) Au (g/t) Ag (g/t) ATEL083 335.8 359.8 24.0 8.0 1.41 0.7 12.3 414.7 422.0 7.3 3.5 0.91 0.3 4.0 428.0 433.4 5.4 2.5 0.85 0.5 6.2 604.8 608.2 3.4 1.8 3.32 0.6 8.5 ATEL092 357.0 367.0 10.0 6.9 0.87 0.6 8.8 374.0 385.0 11.0 7.4 1.94 0.9 12.4 1 All grades are length-weighted 2 Significant intersections were generated by compositing over the full width of the mineralised interval at a 0.5% copper cut-off with a maximum of 3.0m of internal dilution. APPENDIX C JORC Code, 2012 Edition – Tritton Underground Resource Definition Drill Program Table 1 Section 1 - Sampling Techniques and Data Criteria Commentary Sampling techniques 1. All drill core samples have been collected from longitudinally cut, half diamond drill core. 2. Samples taken over a mineralised interval are collected to ensure a majority are 1.0 m in length, and that the hangingwall (HW) and footwall (FW) samples are between 0.4 m and 1.2 m. Drilling techniques 1. Diamond drill holes are collared NQ diameter core (47.6 mm) for the entire hole via diamond drilling. Drill sample recovery 1. Core recoveries are recorded by the drillers on site at the drill rig. Core recoveries are checked and verified by an Aeris Resources field technician and/or geologist. 2. Diamond drill core is pieced together as part of the core orientation process. During this process, depth intervals are recorded on the core and checked against downhole depths recorded by drillers on core blocks within the core trays. 3. Diamond core drilled to date by Aeris Resources have recorded very high drilling recoveries. Logging 1. All diamond drill core is logged by an Aeris Resources geologist or contract geologist. Drill core is logged to a sufficient level of detail to 16 Criteria Commentary increase the geological knowledge and understanding at each prospect. 2. All geological logs record lithology, presence/concentration of sulphides, alteration, and structure. 3. All geological data recorded during the core logging process is stored in the Aeris Resources AcQuire database. 4. All diamond drill core is photographed and digitally stored on the company network. 5. Core is stored in core trays, labelled with downhole meterage intervals and drill hole “hole ID”. Sub-sampling techniques and sample preparation 1. All diamond drill core was halved longitudinally with a core saw, with one half dispatched for analysis and the other half retained. 2. Half core samples were sent to a certified sample preparation and assay laboratory. 3. Upon arrival at the laboratory, each sample weight was recorded. Samples greater than 3kgs were crushed via a Boyd crusher (90% passing 2mm) and rotary split to a sub-sample between 2 and 3kg. 4. The sub-sample was pulverised via a LM5 to 80% passing 75 µm. A 300g sample was taken from the pulverised material for assaying. Samples less than 3kg were crushed via a jaw crusher to 70% passing 6 mm and the whole sub-sample was pulverised in a LM5 with a 300g sub-sample taken for assaying. 5. No field duplicates have been collected. 6. The sample size is considered appropriate for the style of mineralisation and grain size of the material being sampled. Quality of assay data and laboratory tests 1. All samples are sent to ALS Laboratory Services at their Orange facility. 2. Samples are analysed by a 3-stage aqua regia digestion with an ICP finish (suitable for Cu 0.01-1%) – ALS method ME-ICP41. 3. Samples with Cu assays exceeding 1% are re-submitted for an aqua regia digest using ICP-AES analysis – ALS method ME-OC46. 4. Au analysis is performed from a 30g fire assay fusion with an AAS finish (suitable for Au grades between 0.01-100ppm) – ALS method Au-AA22. If a sample records an Au grade above 100ppm another sample is re- submitted for another 30g fire assay charge using ALS method Au-AA25. 5. QA/QC protocols include the use of blanks, duplicates and standards (commercial certified reference materials used). The nominal insertion rate for each QA/QC sample type is 5%. Verification of sampling and assaying 1. Logged drill holes are reviewed by the logging geologist and a Aeris geologist. All geological data is logged directly into Aeris Resources logging computers following the standard Aeris Resources geology codes. Data is transferred to the AcQuire database and validated on entry. 2. Upon receipt of the assay data, no adjustments are made to the assay values. Location of data points 1. Historical surface holes completed have collar locations surveyed by using a handheld GPS unit with an approximate horizontal accuracy of approximately +/- 5 m. 2. Due to the uncertainty in the vertical reading from handheld GPS units, the collars have been projected onto the surveyed topographical surface. 3. All drill hole locations are collected in Australian Geodetic Datum 66 zone 55. 4. Diamond holes drilled from underground have been collected using standard survey methods carried out by the site Survey team. 5. One surface drill hole was found to materially disagree with the mineralisation interpretation based on numerous and much shorter 17 Criteria Commentary underground drill holes. Therefore, that surface drill hole was moved to match the higher confidence underground holes. 6. The locational accuracy of the drill collars are considered by the Competent Person to be adequate for the reporting of an Indicated and Inferred MRE. 7. Downhole surveys taken are completed by the drill contractor using a Reflex gyroscopic tool measuring azimuth and dip orientations every 30 m, or shorter intervals if required. 8. All drill hole locations at Avoca Tank are referenced in a North East local mine grid. The North East mine grid origin (0E, 0N) = 482601.87mE, 6517252.09mN (AGD66). Grid North = 329.095. Data spacing and distribution 1. Drill spacing at the Avoca tank deposit is spaced between <20 m to 80 m. Drill hole spacing along strike and down dip is similar. 2. The better drilled portion of the deposit has a drill spacing of <20 m x 20 m, which was considered by the Competent Person to be sufficient to estimate an Indicated Mineral Resource. Orientation of data in relation to geological structure 1. All drill holes are designed to intersect the target at, or near right angles. 2. Each drill hole has not deviated significantly from the planned drill hole path. 3. The true thickness of the mineralisation in 3D is correctly accounted for during the interpretation and estimation process. Sample security 1. Sample security protocols follow standard Tritton Operations procedures whereby samples are secured within calico bags and transported to the sample processing laboratory in Orange NSW via a courier service or with company personnel. Samples received by the laboratory are confirmed on arrival and any discrepancies are immediately resolved through consultation with Aeris Resources. Audits or reviews 1. Data is validated when uploading into the company AcQuire database. 2. Aeris conducts regular reviews of the database. Any inconsistencies were resolved to the Competent Person’s satisfaction. JORC Code, 2012 Edition – Tritton Underground Resource Definition Drill Program Table 1 Section 2 - Reporting of Exploration Results Criteria Commentary Mineral tenement and land tenure status 1. The Tritton Regional Tenement package is located approximately 45km northwest of the township of Nyngan in central western New South Wales. 2. The Tritton Regional Tenement package consists of 6 Exploration Licences and 3 Mining Leases. The mineral and mining rights are owned 100% by the company. 3. The Avoca Tank deposit is located within ML1818, which is in good standing with no known impediments. Exploration done by other parties 1. None Geology 1. Regionally, mineralisation is hosted within early to mid-Ordovician turbidite sediments, forming part of the Girilambone Group. Mineralisation is hosted within greenschist facies, ductile deformed pelitic to psammitic sediments, and sparse zones of coarser sandstones. 2. A total of nine sulphide lenses have been modelled to date. Of these, seven have had recent diamond drilling and five have had level 18 Criteria Commentary development since mineralisation was first intersected in December 2022. Mineralised lodes generally strike north north-west and steeply dip to the east at 80 degrees, except where controlled by mafic volcanics. All mineralised lodes are defined by a >0.5% copper grade shell, with diamond drill core photos, structural and geological mapping, wall sampling and sludge/production hole logging used to further define the geometry of the lodes, where assay data was not available at time of interpretation. Interpreted mineralised lenses are all in fresh rock below the base of weathering. The top of the currently defined mineralisation is approximately 80 m below surface (5125 mRL). Potential economic mineralisation occurs in the weathered zone, however, modelling in this zone has yet to be completed. Drill hole information 1. All relevant information pertaining to each drill hole has been provided in the tables with this announcement. Data aggregation methods 1. All assay results reported represent length-weighted composited assays. 2. Mineralised intercepts for Cu are averaged within a contiguous interval above a 0.5% Cu cut-off grade with a maximum of 3m of internal dilution. Relationship between mineralisation widths and intercept lengths 1. Drill holes are designed to intersect the target horizon across strike at or near right angles. 2. The true thickness of the mineralisation in 3D is correctly accounted for based on current orebody orientations Diagrams 1. Relevant diagrams are included in the body of the report. Balanced reporting 1. The reporting is considered balanced and all associated material information has been disclosed. Other substantive exploration data 1. There