Announcement PDF Aeris Resources Limited ABN 30 147 131 977 Level 6, 120 Edward Street, Brisbane QLD 4000 Australia E: info@aerisresources.com.au T: +61 7 3034 6200 aerisresources.com.au ABN 30 147 131 977 ABN 30 147 131 | Page1 977 18 December 2025 ASX/MEDIA RELEASE CLARIFICATION – TRITTON OPERATION DRILLING UPDATE Aeris Resources Limited (ASX:AIS) would like to provide a clarification regarding the announcement released to the ASX on 15 December 2025 (Announcement). On review, it has been noted that the Competent Persons Statement on page 8 of the Announcement was not reported in accordance with the JORC Code or ASX Listing Rule 5.22, and the Competent Persons Statement has been updated. This clarification does not materially change the contents of the Announcement, and an updated version of the Announcement is attached to this release. This announcement is authorised for lodgement by: Andre Labuschagne Executive Chairman 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. ABN 30 147 1 | P a g e 131 977 ABN 30 147 131 | Page1 977 18 DECEMBER 2025 ASX/MEDIA RELEASE TRITTON OPERATION DRILLING UPDATE AVOCA TANK  High-grade copper intersections extend mineralisation both up- dip and down-dip beyond the current Mineral Resource1 o ATGC311 9.40m2 @ 8.87% Cu, 1.15g/t Au, 38.1g/t Ag o ATGC245 10.30m2 @ 6.20% Cu, 1.39g/t Au, 19.4g/t Ag o ATEL111 9.55m2 @ 5.18% Cu, 0.50g/t Au, 10.0g/t Ag o ATGC335 6.70m2 @ 4.48% Cu, 0.71g/t Au, 12.3g/t Ag o ATGC218 20.55m2 @ 3.69% Cu, 1.30g/t Au, 16.9g/t Ag o ATGC278 13.0m2 @ 3.41% Cu, 0.94g/t Au, 13.8g/t Ag  High-grade copper discovered outside the interpreted mineralised corridor and may represent a new mineralised trend o ATEL128 22.2m2 @ 3.23% Cu, 0.08g/t Au, 3.8g/t Ag o ATEL127 9.4m2 @ 1.65% Cu, 0.63g/t Au, 8.0g/t Ag BUDGERYGAR  Budgerygar resource definition drilling intersected thicker than expected mineralisation within the current Inferred Mineral Resource o BDGC155 22.80m3 @ 2.40% Cu, 0.10g/t Au, 5.3g/t Ag o BDGC156 21.65m3 @ 1.80% Cu, 0.03g/t Au, 2.8g/t Ag 1 Refer to ASX announcement “Group Mineral Resource and Ore Reserve Statement” dated 22 July 2025 2 Estimated true thickness is between 35% to 100% of the reported thickness interval. 3 Estimated true thickness is between 50% to 100% of the reported thickness interval. Page | 2 Established Australian copper-gold producer and explorer, Aeris Resources Limited (ASX: AIS) (Aeris or the Company), is pleased to provide an update on underground drill programs at the Tritton Operation, located in central New South Wales. Aeris’ Executive Chairman, Andre Labuschagne, said “these drill results are very exciting. The drilling demonstrates that high-grade mineralisation extends at Avoca Tank, potentially increasing the mineable inventory at the deposit. While early stage, the intersections along strike from Avoca Tank may represent a completely new mineralised trend that we will follow up with further drilling. At Budgerygar, resource definition drilling is returning thicker intersections than planned, potentially improving the mineable inventory at this deposit as well. Two drill rigs are now testing down dip extensions at Budgerygar, with the results expected in the coming quarter.” Tritton Operation – Underground Drill Strategy Aeris currently has four underground drill rigs operating at the Tritton Operation, targeting extensions to and repetitions of the known Avoca Tank and Budgerygar deposits, which represent important sources of ore in the short to medium term. Current mine plans do not account for exploration success from this drilling; however, any additional mineralisation identified would be located near existing underground infrastructure and could provide near-mine growth opportunities. Avoca Tank Diamond Drill Program – Technical Discussion Background The Avoca Tank mineralised system is less predictable than other deposits at the Tritton Operation. Eight sulphide lenses have been discovered to date, all of which have undergone significant deformation. Sulphide lens geometries vary markedly, with irregular pinching and swelling and significant changes in strike orientations. These factors increase the complexity of defining mineralisation at Avoca Tank. The primary focus of drilling at Avoca Tank during FY26 has been to define additional mineralisation down dip of the reported Mineral Resource4. Drilling has also targeted smaller extensions up dip above the Mineral Resource. Drill Results Below Reported Mineral Resource Drilling below the reported Mineral Resource is targeting high-grade copper extensions within the known mineralised corridor (refer to Figure 1). As reported previously5 several exploration drill holes intersected copper mineralisation 250 to 450 metres down dip from the base of the reported Mineral Resource. The current phase of drilling is centred on resource definition drilling targeting mineralisation within 100 metres below the reported Mineral Resource. Drilling is being completed on a nominal 40 m x 40 m spacing, appropriate for conversion to an Inferred Mineral Resource. 4 Refer to ASX announcement “Group Mineral Resource and Ore Reserve Statement” dated 22 July 2025. 5 Refer to ASX announcement “Quarterly activities report – Sept 2025” dated 22 October 2025 Page | 3 Drill results received to date are encouraging, with multiple high-grade copper assay results, including:  ATGC245 10.30m6 @ 6.20% Cu, 1.39g/t Au, 19.4g/t Ag (from 133.4m)  ATGC242 3.10m6 @ 6.13% Cu, 0.30g/t Au, 7.5g/t Ag (from 179.5m)  ATEL111 9.55m6 @ 5.18% Cu, 0.50g/t Au, 10.0g/t Ag (from 127.9m)  ATGC355 6.70m6 @ 4.48% Cu, 0.71g/t Au, 12.3g/t Ag (from 103.8m)  ATGC218 20.55m6 @ 3.69% Cu, 1.30g/t Au, 16.9g/t Ag (from 94.8m) Geological interpretation is progressing in parallel, focused on resolving the number of high-grade copper lenses and assessing the extent and continuity of each lens. The interpretation will be refined as further drilling, geological information and assay results become available. Potential New Mineralised Trend The down dip drilling has also identified a promising new area of copper mineralisation 50 to 100 metres along strike outside the interpreted mineralised corridor (refer to Figure 1). Two drill holes have tested this target to date, both reporting high-grade copper intersections, including:  ATEL128 22.2m7 @ 3.23% Cu, 0.08g/t Au, 3.8g/t Ag (from 296.8m)  ATEL127 9.4m7 @ 1.65% Cu, 0.63g/t Au, 8.0g/t Ag (from 253.3m) including 2.7m7 @ 2.57% Cu, 1.17g/t Au, 10.7g/t Ag (from 260.0m) Follow-up drilling will commence in January to test the extent of this new sulphide lode and assess whether it represents a meaningful new mineralised trend at the Avoca Tank deposit. Drill Results Above Reported Mineral Resource Drilling above the reported Mineral Resource targeted extensions to the known sulphide lodes (refer to Figure 2). Numerous high-grade copper intersections have been returned, extending mineralisation by approximately 50 metres beyond the reported Mineral Resource. These drill results have been incorporated into an updated grade control model for economic assessment and consideration for inclusion in a future Ore Reserve update, as well as for operational planning to extend high-grade ore production from Avoca Tank.  ATGC311 9.4m7 @ 8.87% Cu, 1.15g/t Au, 38.1g/t Ag (from 63.5m)  ATGC278 13.0m7 @ 3.41% Cu, 0.94g/t Au, 13.8g/t Ag (from 49.2m)  ATGC290 7.9m7 @ 3.17% Cu, 0.45g/t Au, 15.4g/t Ag (from 95.8m)  ATGC315 8.3m7 @ 2.68% Cu, 0.70g/t Au, 11.3g/t Ag (from 40.0m) 6 Estimated true thickness is between 35% to 100% of the reported thickness interval. 7 Estimated true thickness is between 35% to 100% of the reported thickness interval. Page | 4 Figure 1 – Long section view looking south east at the Avoca Tank deposit showing the FY26 drill coverage down dip beneath the current reported Mineral Resource. Page | 5 Figure 2 – Cross section view looking south west at the Avoca Tank deposit showing the FY26 drill coverage up dip above the current reported Mineral Resource. West Page | 6 Budgerygar Diamond Drill Program – Technical Discussion At the Budgerygar deposit, drilling has focused on resource definition drilling with the aim of upgrading the current Inferred Mineral Resource to an Indicated classification. Assay results have been received from drill holes targeting mineralisation up to 60m below the base of the Indicated Mineral Resource (4,680mRL level). Mineralised intersections returned from the drill program have reported significantly thicker copper sulphide intersections (refer to Figure 3), including:  BDEL089 24.0m8 @ 1.76% Cu, 0.03g/t Au, 3.1g/t Ag (from 108.0m)  BDGC155 22.80m8 @ 2.40% Cu, 0.10g/t Au, 5.3g/t Ag (from 93.0m)  BDGC156 21.65m8 @ 1.80% Cu, 0.03g/t Au, 2.8g/t Ag (from 88.65m)  BDGC135 16.60m8 @ 1.52% Cu, 0.04g/t Au, 3.1g/t Ag (from 107.2m) Two underground drill rigs will continue operating at Budgerygar, drilling down dip, completing a combination of resource definition and exploration drilling targeting extensions below the base of Inferred (below the 4,700m RL level). Figure 3 – Cross section view looking east at the Budgerygar deposit showing copper intersections reported from the current drill program compared to previously modelled sulphide lodes. Note the increased thickness below the base of Indicated. 8 Estimated true thickness is between 50% to 100% of the reported thickness interval. Page | 7 Next Steps A fourth underground rig was commissioned at the start of December, increasing drill capacity across the Tritton Operation. At the Avoca Tank deposit, two drill rigs will prioritise follow-up drilling at the newly identified mineralised trend intersected in drill holes ATEL127 and ATEL128, while also advancing drilling directly below the current Mineral Resource. At the Budgerygar deposit, two drill rigs will continue to focus on exploration and resource definition programs, targeting extensions to the known mineralisation and upgrading confidence in the current Mineral Resource. Elsewhere across the operation, drilling is also scheduled at the Tritton and South Wing deposits, targeting Mineral Resource growth and upgrading Mineral Resource confidence. This announcement is 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, 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 and 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. Previous Information The information in this announcement that relates to previously reported exploration results for the Avoca Tank and Budgerygar deposits is extracted from ASX announcements all of which are referenced in the footnotes and available on the company’s website at www.aerisresources.com.au. The company confirms that it is not aware of any new information or data that materially affects the exploration results included in the relevant original market announcements. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the relevant original market announcements. Page | 8 Competent Persons Statement – Exploration Results The information in this report that relates to Exploration Results at the Tritton Operation is based on information compiled by Chris Raymond. Mr Raymond 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 Raymond 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 Raymond is a Member of the Australian Institute of Geoscientists (MAIG No. 6045). Mr Raymond 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 Raymond is a full-time employee of Aeris Resources Limited. Page | 9 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 Avoca Tank exploration and resource definition drill programs. Hole ID Easting1 (m) Northing1 (m) RL (m) Total Depth (m) Azimuth2 Dip ATEL021 17654.20 25652.39 4884.59 276.0 76.5 -22.7 ATEL022 17654.26 25652.24 4884.45 260.0 79.0 -26.2 ATEL081 17689.89 25704.88 4821.37 143.8 24.5 -47.0 ATEL083 17689.89 25704.88 4821.37 659.8 73.5 -66.5 ATEL084 17689.89 25704.88 4821.37 216.9 57.7 -48.7 ATEL085 17689.89 25704.88 4821.37 260.7 73.0 -57.6 ATEL087 17689.89 25704.88 4821.37 255.0 74.5 -32.4 ATEL088 17689.89 25704.88 4821.37 191.8 87.0 -43.8 ATEL089 17689.89 25704.88 4821.37 329.6 110.0 -51.1 ATEL090 17726.12 25546.18 4811.33 557.6 73.5 -67.3 ATEL091 17714.37 25546.01 4813.62 378.0 173.0 7.73 ATEL092 17747.97 25538.17 4812.42 433.6 33.5 -57.8 ATEL101 17644.94 25666.55 5083.33 74.8 272.8 17.0 ATEL102 17645.20 25666.52 5082.02 72.1 272.3 -10.9 ATEL103 17645.13 25666.20 5082.61 69.0 264.4 4.7 ATEL104 17645.34 25666.19 5081.72 132.1 263.6 -26.0 ATEL105 17645.04 25665.91 5083.47 80.2 257.3 20.0 ATEL106 17645.49 25665.97 5082.09 132.3 256.3 -11.0 ATEL107 17645.43 25665.65 5082.65 91.3 248.3 5.6 ATEL108 17645.56 25665.63 5081.61 132.1 246.0 -25.6 ATEL109 17645.47 25665.24 5081.99 130.1 238.2 -11.0 ATEL110 17645.90 25665.06 5081.69 90.2 227.6 -23.8 ATEL111 17777.31 25585.41 4771.61 245.6 24.7 -38.5 ATEL112 17777.52 25585.28 4771.48 242.6 30.3 -42.0 ATEL113 17774.61 25585.27 4772.39 225.0 31.5 -37.0 ATEL127 17747.97 25538.17 4812.42 350.6 60.0 -44.9 ATEL128 17747.97 25538.17 4812.42 351.6 70.0 -48.0 ATEL129 17747.97 25538.17 4812.42 273.0 61.0 -51.0 ATGC178A 17788.17 25607.62 4893.89 239.9 64.0 -56.1 ATGC180 17788.32 25608.00 4893.99 240.1 56.5 -60.6 ATGC197 17659.91 25671.62 5034.82 116.5 71.9 21.0 ATGC198 17659.92 25671.59 5034.15 104.3 71.7 7.1 ATGC201 17659.33 25672.60 5035.40 62.3 36.8 29.7 ATGC210 17658.96 25672.68 5034.07 59.8 26.6 5.9 ATGC214 17659.64 25672.01 5034.67 116.0 57.1 19.4 ATGC218 17690.71 25672.89 4818.83 188.9 85.8 -19.2 ATGC240 17701.20 25576.90 4811.9 201.1 56.6 -10.6 ATGC241 17701.20 25576.90 4811.9 210.1 60.3 -18.9 ATGC242 17701.20 25576.90 4811.9 207.1 51.5 -19.6 ATGC243 17701.20 25576.90 4811.9 225.1 53.4 -28.3 ATGC245 17700.73 25577.93 4811.78 185.7 32.0 -19.1 ATGC246 17700.73 25577.93 4811.78 180.0 32.0 -23.2 ATGC259 17726.66 25605.72 5048.24 107.6 33.6 16.9 ATGC264 17726.83 25605.15 5047.89 96.0 46.6 11.8 Page | 10 Hole ID Easting1 (m) Northing1 (m) RL (m) Total Depth (m) Azimuth2 Dip ATGC269 17689.89 25704.88 4821.37 98.8 97.0 -37.9 ATGC271 17689.89 25704.88 4821.37 108.0 92.9 -26.0 ATGC278 17663.76 25671.74 5060.75 125.5 81.0 25.1 ATGC279 17663.71 25671.95 5059.97 129.0 75.6 11.8 ATGC290 17663.30 25672.42 5060.37 120.0 60.0 21.4 ATGC295 17662.92 25672.95 5060.34 114.6 42.5 20.4 ATGC296 17663.05 25672.70 5059.74 127.4 49.5 8.7 ATGC301 17663.11 25672.66 5060.60 121.1 51.0 25.6 ATGC303 17660.04 25669.30 5083.23 128.3 93.8 21.8 ATGC308 17659.99 25669.76 5083.69 119.7 82.0 29.7 ATGC311 17664.80 25677.57 5083.74 128.8 74.0 22.6 ATGC313 17664.60 25677.95 5084.02 125.3 66.5 32.9 ATGC315 17664.68 25678.19 5083.73 131.3 61.5 20.5 ATGC321 17664.35 25678.73 5084.17 125.2 44.5 29.1 ATGC323 17747.97 25538.17 4812.42 266.8 21.7 -47.4 ATGC333 17777.13 25585.42 4771.76 149.4 11.5 -34.9 ATGC335 17777.03 25585.35 4772.23 150.0 18.0 -21.2 ATGC348 17778.08 25585.19 4771.59 176.6 41.5 -32.9 ATGC349 17776.02 25585.47 4772.21 116.6 341.6 -21.8 ATGC352 17776.34 25585.48 4772.30 119.7 358.6 -13.9 ATGC354 17774.60 25585.28 4772.42 110.7 0.9 -27.9 ATGC355 17774.60 25585.28 4772.42 128.8 15.8 -6.7 ATGC362 17684.14 25587.31 5093.43 134.5 49.4 6.3 ATGC368 17684.31 25587.19 5093.20 152.5 55.1 0.8 NGTPA06 17744.40 25698.80 5205.65 86.0 270.0 -60.0 1 Easting and northing coordinates are reported in mine grid. 2 Azimuth is recorded as a magnetic azimuth reading. Table 2 – Summary of drill hole collar and survey details for drill holes referenced in the body of this report as part of the Budgerygar exploration and resource definition drill programs. Hole ID Easting1 (m) Northing1 (m) RL (m) Total Depth (m) Azimuth Dip BDEL088 30679.18 20122.65 4937.63 251.8 358.7 -49.1 BDEL089 30678.26 20121.97 4937.51 275.0 322.8 -66.0 BDEL090 30677.94 20121.23 4937.65 276.0 298.4 -70.1 BDEL092 30670.14 20109.14 4938.72 165.0 266.9 -18.5 BDEL094 30671.35 20108.41 4937.69 192.0 246.3 -66.2 BDEL095 30671.05 20108.05 4937.93 255.0 238.6 -48.2 BDGC105 30676.62 20120.88 4938.89 212.8 290.9 -25.4 BDGC106 30676.77 20121.28 4938.79 218.9 300.8 -25.6 BDGC107 30676.83 20121.69 4938.94 203.5 309.6 -18.6 BDGC108 30676.86 20121.59 4938.77 206.4 306.9 -26.7 BDGC108A 30676.92 20121.68 4938.77 65.9 310.0 -25.8 BDGC109 30676.99 20122.01 4938.82 212.6 317.3 -19.3 BDGC110 30676.38 20120.53 4938.89 137.9 276.5 -20.2 BDGC111 30676.52 20121.01 4939.10 128.8 287.3 -12.8 BDGC112 30677.15 20122.62 4938.94 143.5 329.7 -12.9 BDGC113 30677.21 20122.48 4938.78 140.5 329.1 -17.9 Page | 11 Hole ID Easting1 (m) Northing1 (m) RL (m) Total Depth (m) Azimuth Dip BDGC114 30677.31 20122.64 4938.78 146.5 333.6 -19.0 BDGC115 30677.49 20123.09 4938.61 163.7 340.4 -17.3 BDGC116 30676.78 20121.47 4938.88 62.8 303.0 -20.7 BDGC116A 30676.83 20121.41 4938.76 218.6 303.6 -22.8 BDGC117 30677.81 20123.62 4938.39 179.0 346.5 -25.3 BDGC118 30677.46 20122.39 4938.44 137.4 332.0 -34.6 BDGC119 30677.39 20122.40 4938.56 137.5 329.9 -28.5 BDGC120 30677.12 20122.12 4938.78 218.3 323.1 -22.3 BDGC121 30677.07 20121.92 4938.65 209.2 318.5 -28.2 BDGC122 30676.96 20121.76 4938.77 206.5 312.0 -25.1 BDGC123 30676.96 20121.64 4938.65 203.7 309.0 -30.5 BDGC124 30676.75 20121.25 4938.69 218.7 297.9 -32.2 BDGC125 30676.69 20121.24 4938.88 212.6 297.5 -21.8 BDGC126 30676.56 20120.5 4938.70 137.2 276.0 -29.8 BDGC127 30676.62 20121.07 4938.93 227.7 291.0 -18.6 BDGC128 30676.67 20121.00 4938.72 215.4 287.0 -24.0 BDGC129 30676.54 20120.72 4939.20 119.7 282.0 -7.2 BDGC130 30677.27 20121.97 4938.22 203.6 326.0 -40.3 BDGC131 30677.21 20122.15 4938.43 206.5 324.2 -34.1 BDGC132 30677.30 20122.14 4938.21 149.1 339.0 -28.3 BDGC133 30676.94 20121.41 4938.45 128.7 312.0 -40.9 BDGC134 30677.38 20122.13 4937.78 152.0 336.0 -47.2 BDGC135 30677.53 20122.54 4937.75 143.4 329.0 -53.2 BDGC136 30676.68 20120.76 4938.56 215.2 284.5 -37.2 BDGC137 30676.73 20120.75 4938.48 212.6 283.0 -43.4 BDGC138 30676.83 20121.19 4938.47 119.8 297.1 -42.7 BDGC139 30676.68 20121.10 4938.82 212.7 291.0 -28.3 BDGC140 30676.34 20120.25 4938.76 140.9 268.5 -26.0 BDGC141 30676.50 20120.29 4938.45 127.0 268.4 -39.8 BDGC142 30676.10 20119.44 4938.51 224.5 250.5 -28.0 BDGC144 30676.13 20118.95 4938.17 242.6 240.5 -34.7 BDGC146 30676.26 20119.41 4938.27 221.7 248.0 -34.6 BDGC147 30676.23 20119.10 4938.11 224.6 242.0 -38.8 BDGC148 30676.34 20119.28 4938.12 202.1 251.5 -39.2 BDGC149 30676.36 20119.30 4937.91 173.6 245.0 -43.4 BDGC150 30676.49 20119.81 4938.16 140.6 256.0 -44.2 BDGC151 30676.42 20119.47 4937.85 152.5 248.0 -48.4 BDGC152 30676.57 20119.67 4937.77 131.7 270.0 -50.2 BDGC153 30676.66 20120.33 4938.23 149.5 253.0 -55.4 BDGC154 30676.85 20120.75 4938.34 122.4 284.0 -51.4 BDGC155 30676.80 20120.33 4937.97 149.6 270.0 -61.9 BDGC156 30677.19 20121.86 4938.06 131.6 317.9 -51.2 BDGC157 30677.56 20120.98 4937.67 140.5 294.5 -62.8 BDGC158 30677.24 20121.51 4937.94 134.5 314.5 -61.0 1 Easting and northing coordinates are reported in mine grid. 2 Azimuth is recorded as a magnetic azimuth reading. Page | 12 Table 3 – Summary of significant copper intersections returned during the Avoca Tank exploration and resource definition drill programs. Hole ID From (m) To (m) Downhole Length (m)1 Cu (%)2 Au (g/t) Ag (g/t) ATEL021 181.00 191.00 10.0 3.26 0.22 5.1 201.00 202.00 1.0 0.75 0.54 13.0 ATEL022 164.65 165.95 1.3 3.52 1.42 19.5 173.00 174.00 1.0 1.07 0.92 77.0 184.80 193.00 8.2 2.08 0.93 2.3 ATEL081 No significant assay result ATEL083 66.80 68.00 1.2 0.83 0.16 6.2 206.00 210.00 4.0 0.82 0.58 2.1 335.80 363.00 27.2 1.29 0.6 11.5 372.00 375.00 3.0 0.98 0.26 6.5 395.00 396.70 1.7 0.94 0.32 9.1 414.70 422.00 7.3 0.91 0.25 4.0 428.00 433.40 5.4 0.85 0.47 6.2 604.80 608.20 3.4 3.32 0.60 8.5 ATEL084 No significant assay result ATEL085 32.00 33.00 1.0 0.67 0.24 5.0 36.00 44.00 8.0 0.62 3.15 15.7 ATEL087 No significant assay result ATEL088 No significant assay result ATEL089 68.45 70.00 1.6 0.61 0.70 16.8 99.00 100.00 1.0 0.59 0.21 6.5 125.50 127.70 2.2 1.00 1.65 13.4 132.00 137.00 5.0 0.65 1.19 7.6 320.00 321.00 1.0 0.61 0.02 1.7 ATEL090 444.00 445.00 1.0 0.77 0.01 1.0 455.10 456.20 1.1 0.88 0.03 1.6 ATEL091 No significant assay result ATEL092 341.20 342.90 1.7 1.65 0.61 15.7 357.00 385.00 28.0 1.18 0.75 10.2 ATEL101 No significant assay result ATEL102 No significant assay result ATEL103 No significant assay result ATEL104 No significant assay result ATEL105 No significant assay result ATEL106 No significant assay result ATEL107 78.00 79.00 1.0 0.70 0.01 0.5 82.00 83.00 1.0 0.72 0.01 0.5 ATEL108 No significant assay result ATEL109 No significant assay result ATEL110 56.00 59.00 3.0 1.76 0.06 1.3 73.00 75.00 2.0 0.65 0.01 1.0 82.00 83.00 1.0 0.65 0.03 1.0 ATEL111 77.70 80.60 2.9 1.51 0.63 11.0 102.50 109.90 7.4 3.45 0.81 12.8 Page | 13 Hole ID From (m) To (m) Downhole Length (m)1 Cu (%)2 Au (g/t) Ag (g/t) 115.20 116.75 1.6 6.57 1.70 10.0 127.90 137.45 9.5 5.18 0.50 10.0 ATEL112 137.45 139.00 1.6 1.85 0.36 3.9 143.00 146.10 3.1 1.53 0.24 3.5 151.00 155.00 4.0 1.27 0.19 6.5 191.00 194.00 3.0 0.94 0.12 11.7 226.00 228.00 2.0 0.58 0.04 1.5 ATEL113 132.70 136.80 4.1 1.49 0.12 3.2 152.00 153.00 1.0 1.57 0.29 10.0 ATEL127 253.30 262.70 9.4 1.65 0.63 8.0 283.10 284.30 1.2 0.50 0.11 2.0 ATEL128 296.80 319.00 22.2 3.23 0.08 3.8 ATEL129 No significant assay result ATGC178A No significant assay result ATGC180 200.40 202.30 1.9 2.10 0.18 5.0 ATGC197 74.95 79.15 4.2 1.92 0.76 12.3 82.45 84.40 2.0 10.53 1.87 50.0 110.10 111.65 1.6 0.75 4.92 34.5 ATGC198 75.40 77.85 2.4 1.66 1.53 19.3 ATGC201 52.10 53.80 1.7 0.66 0.10 2.9 ATGC210 49.55 54.45 4.9 1.97 0.27 9.0 ATGC214 59.10 62.15 3.1 4.68 1.12 17.0 103.05 105.55 2.5 4.74 0.83 23.6 ATGC218 16.20 18.20 2.0 0.79 0.04 0.8 94.80 115.35 20.6 3.69 1.30 16.9 130.90 140.40 9.5 2.42 0.15 6.6 ATGC240 162.60 167.30 4.7 2.06 0.11 3.9 ATGC241 193.70 199.00 5.3 1.12 0.14 6.1 ATGC242 159.70 162.30 2.6 3.74 0.19 4.4 167.30 171.80 4.5 3.08 0.14 5.2 179.50 182.60 3.1 6.13 0.30 7.5 ATGC243 167.00 168.00 1.0 0.61 0.03 2.0 207.30 208.40 1.1 2.03 0.10 3.3 ATGC245 133.40 143.70 10.3 6.20 1.39 19.4 ATGC246 131.55 133.75 2.2 0.87 0.46 5.4 ATGC259 85.65 89.65 4.0 1.15 0.49 15.3 ATGC264 No significant assay result ATGC269 47.10 55.30 8.2 1.43 2.65 13.9 65.00 72.00 7.0 0.84 0.52 7.3 ATGC271 76.45 77.65 1.2 0.92 0.30 5.0 81.60 85.80 4.2 1.41 0.75 6.6 ATGC278 49.20 62.20 13.0 3.41 0.94 13.8 65.90 73.00 7.1 2.27 0.63 10.4 74.00 75.00 1.0 3.60 0.23 11.0 93.00 96.00 3.0 0.95 2.68 18.3 100.40 101.60 1.2 2.12 1.47 25.0 ATGC279 62.60 64.00 1.4 2.16 0.83 11.5 Page | 14 Hole ID From (m) To (m) Downhole Length (m)1 Cu (%)2 Au (g/t) Ag (g/t) 91.00 92.10 1.1 2.13 0.85 20.8 98.80 100.00 1.2 0.85 0.75 8.5 109.00 113.00 4.0 0.76 0.13 4.9 ATGC290 47.25 50.45 3.2 3.10 0.75 11.9 66.00 70.10 4.1 7.30 1.03 27.4 88.40 89.50 1.1 1.26 0.19 7.0 92.90 95.30 2.4 3.70 1.62 14.0 95.80 103.70 7.9 3.17 0.45 15.4 ATGC295 No significant assay result ATGC296 38.55 49.50 11.0 2.50 0.53 10.5 ATGC301 40.40 51.00 10.6 1.48 1.14 11.7 75.90 77.40 1.5 6.47 0.48 22.2 ATGC303 No significant assay result ATGC308 No significant assay result ATGC311 49.70 56.30 6.6 0.69 0.38 4.2 63.50 72.90 9.4 8.87 1.15 38.1 76.00 81.00 5.0 3.48 0.58 15.9 ATGC313 51.40 52.70 1.3 2.53 0.80 9.6 62.50 70.00 7.5 5.00 0.60 18.5 ATGC315 40.00 48.30 8.3 2.68 0.70 11.3 59.20 61.00 1.8 2.69 0.34 10.0 100.00 105.00 5.0 0.65 0.37 6.4 ATGC321 38.00 40.00 2.0 1.12 0.36 7.9 ATGC323 No significant assay result ATGC333 86.30 89.15 2.9 2.02 0.41 9.3 ATGC335 79.10 85.35 6.3 1.97 0.55 10.9 91.70 96.30 4.6 3.64 0.83 11.2 ATGC348 No significant assay result ATGC349 91.00 92.00 1.0 0.59 0.33 2.0 98.00 99.00 1.0 0.94 0.19 5.0 ATGC352 87.60 93.40 5.8 1.45 0.91 6.6 ATGC354 87.90 91.10 3.2 2.50 0.73 15.5 ATGC355 103.80 110.50 6.7 4.48 0.71 12.3 119.10 120.20 1.1 1.29 0.39 2.5 ATGC362 122.80 125.20 2.4 1.37 0.79 15.8 ATGC368 No significant assay result NGTPA06 64.00 74.00 10 1.43 - - 1 Drill hole true width lengths are between 35% to 100% of reported interval lengths. 2 Assay intervals have been reported at a 0.5% Cu cut-off grade with a maximum internal dilution of 3.0m. Page | 15 Table 4 – Summary of significant copper intersections returned during the Budgerygar resource definition drill program. Hole ID From (m) To (m) Downhole Length (m)1 Cu (%)2 Au (g/t) Ag (g/t) BDEL088 No significant assay result BDEL089 108.00 132.00 24.0 1.76 0.03 3.1 177.00 178.00 1.0 0.65 0.16 3.0 211.40 213.80 2.4 3.13 0.5 30.5 BDEL090 98.00 102.00 4.0 0.73 0.03 1.9 106.00 128.30 22.3 1.33 0.04 2.1 138.00 142.00 4.0 1.25 0.07 3.5 213.20 225.00 11.8 1.55 0.1 3.5 BDEL092 150.40 158.00 7.6 0.66 0.02 0.9 BDEL094 117.20 118.00 0.8 1.72 0.12 2.0 124.15 125.30 1.1 0.89 0.06 1.0 130.75 141.40 10.7 1.77 0.07 2.7 BDEL095 135.70 155.00 19.3 1.28 0.05 1.1 160.00 161.00 1.0 0.55 0.04 0.5 169.00 170.00 1.0 0.53 0.01 1.0 BDGC105 87.20 96.40 9.2 1.74 0.09 3.1 112.90 113.90 1.0 0.86 0.08 2.0 117.35 119.55 2.2 1.10 0.06 2.6 191.30 193.35 2.0 1.04 0.03 1.0 BDGC106 86.20 100.90 14.7 1.01 0.06 2.1 117.00 124.15 7.2 0.74 0.08 2.0 186.10 191.90 5.8 1.02 0.12 1.6 204.70 207.90 3.2 1.12 0.08 1.3 BDGC107 88.45 98.90 10.5 1.50 0.04 2.8 194.70 200.50 5.8 3.58 0.58 24.2 BDGC108 89.10 100.50 11.4 1.44 0.07 2.3 103.60 104.80 1.2 3.30 0.28 7.0 126.50 127.20 0.7 1.32 0.14 7.0 182.60 185.20 2.6 2.46 0.14 6.2 BDGC108A No significant assay result BDGC109 92.60 106.00 13.4 1.58 0.04 2.3 109.20 115.20 6.0 1.84 0.7 14.4 197.20 202.60 5.4 2.20 0.4 28.0 BDGC110 119.90 122.00 2.1 1.08 0.07 3.0 BDGC111 90.40 95.80 5.4 3.65 0.22 8.4 105.20 108.90 3.7 2.16 0.11 2.7 BDGC112 120.50 132.10 11.6 0.64 0.04 1.3 BDGC113 119.00 122.00 3.0 0.61 0.02 1.5 126.00 128.00 2.0 0.55 0.05 1.0 BDGC114 129.00 135.00 6.0 0.63 0.03 1.0 BDGC115 No significant assay result BDGC116 No significant assay result BDGC116A 86.60 101.20 14.6 0.98 0.06 2.2 117.15 123.00 5.8 0.97 0.1 4.2 185.20 198.90 13.7 1.47 0.13 4.0 Page | 16 Hole ID From (m) To (m) Downhole Length (m)1 Cu (%)2 Au (g/t) Ag (g/t) BDGC117 No significant assay result BDGC118 113.85 125.00 11.2 0.59 0.05 1.2 BDGC119 102.60 114.60 12.0 0.81 0.02 2.1 119.00 123.00 4.0 0.98 0.06 2.3 BDGC120 94.45 116.20 21.8 1.44 0.06 2.6 BDGC121 95.00 108.00 13.0 1.55 0.03 2.8 111.55 113.15 1.6 3.67 1.22 33.0 186.45 188.80 2.4 1.53 1.41 48.1 190.80 192.30 1.5 1.18 0.89 30.0 BDGC122 90.00 101.00 11.0 1.73 0.05 2.9 118.20 119.20 1.0 0.52 0.01 2.5 188.40 191.55 3.2 2.47 0.67 21.2 BDGC123 90.00 100.60 10.6 1.76 0.04 2.7 123.15 124.00 0.8 0.63 0.08 6.0 182.05 184.65 2.6 4.94 0.98 36.4 BDGC124 85.60 101.20 15.6 0.93 0.05 1.8 101.70 102.40 0.7 1.32 0.1 2.0 110.65 115.25 4.6 0.93 0.08 2.4 178.35 185.00 6.7 1.05 0.1 1.9 192.00 196.00 4.0 0.60 0.04 1.0 BDGC125 87.25 97.10 9.8 1.55 0.06 2.8 110.90 117.80 6.9 1.38 0.09 2.9 191.80 197.10 5.3 1.45 0.04 2.0 BDGC126 75.00 76.10 1.1 0.58 0.04 4.0 105.25 107.15 1.9 3.76 0.2 4.0 121.75 127.00 5.3 1.25 0.05 1.4 BDGC127 88.00 94.25 6.3 3.01 0.13 4.9 106.75 110.40 3.7 1.20 0.07 2.0 194.90 201.30 6.4 0.81 0.05 2.6 BDGC128 89.25 97.60 8.3 4.30 0.16 5.7 109.85 111.15 1.3 2.46 0.11 2.5 BDGC129 106.55 111.00 4.5 1.36 0.08 2.2 BDGC130 95.65 113.75 18.1 1.52 0.04 3.1 118.55 119.55 1.0 1.99 0.42 16.0 BDGC131 94.00 113.00 19.0 1.87 0.02 3.2 119.40 122.25 2.8 0.68 0.46 8.1 BDGC132 132.50 134.00 1.5 0.82 0.04 0.9 139.00 140.00 1.0 0.79 0.03 1.0 BDGC133 88.10 102.20 14.1 1.27 0.04 2.6 107.00 108.10 1.1 0.58 0.02 4.0 BDGC134 118.35 128.85 10.5 1.10 0.05 1.9 BDGC135 107.20 123.80 16.6 1.52 0.04 3.1 BDGC136 91.00 96.15 5.2 1.91 0.09 1.8 100.00 100.60 0.6 0.53 0.14 0.5 104.45 105.95 1.5 1.41 0.11 2.0 182.70 184.70 2.0 0.76 0.06 0.5 BDGC137 92.65 96.80 4.1 2.43 0.1 3.2 Page | 17 Hole ID From (m) To (m) Downhole