Exceptional In-Fill RC Drilling at Iris to Support Next MRE

Assay results for a 19-hole (2,971-metre) in-fill reverse circulation (RC) drill program recently completed at the Iris Deposit, part of Astral’s 100%-owned Mandilla Gold project near Kalgoorlie.

Key highlights include:

High-Grade Gold Intercepts:

• 4 metres at 21.9g/t

• 2 metres at 12.8g/t

• 5 metres at 5.73g/t

• 21 metres at 1.59g/t

Expansion of Drilled Area:

The new drilling has extended the in-fill zone to 140 metres by 360 metres, following up on the previous successful December 2024 program. This will aid in the next mineral resource update for Mandilla.

Potential for High-Grade Feed:

High-grade intersections in MDRC983 are outside the Pre-Feasibility Study (PFS) pit designs, suggesting possible additional high-grade material for the proposed Mandilla Process Plant. A follow-up drilling program is planned.