Initial Theia Grade Control Drill Results

Exceptional Early Results at Mandilla

High-grade gold intercepts have been reported from the first 17 holes (2,030 metres) of the 99 hole (10,000 metre) in-fill reverse circulation (RC) drill program at the Theia Deposit, part of Astral’s 100%-owned Mandilla Gold Project near Kalgoorlie.

Key highlights include:

Outstanding assay results

32 metres at 10.78g/t

8 metres at 1.11g/t

1 metre at 19.80g/t

Multiple other thick and high-grade intersections across the program.

Strong Validation

Early results show excellent alignment with Theia’s 1.15Moz Mineral Resource Estimate (MRE) of contained gold.

Program Underway

26 holes (2,982 metres) now completed with assays pending for 9 holes. The drilling is targeting in-fill of the Stage 1 open pit area outlined in the June 2025 PFS.

Spargoville Lithium JV with KOMIR

Drilling is underway on the lithium-pegmatite targets, with 4 holes (482 metres) completed from a planned 21-hole program.