Quarterly Activities & Cashflow Report

Astral Resources is accelerating towards a $1.4B NPV Gold Project What a quarter for the Astral team as we drive the Mandilla Project forward, aiming to realise the massive potential identified in our recent PFS! Key Highlights Drill Rigs Firing: 20,000m + RC drilling campaign completed across Mandilla and Spargoville, significantly advancing infill and extension targets to unlock more ounces.

Feysville Takes Shape: A Letter of Intent (LOI) is signed with MMS for a Development Partnership/ JV at the Think Big Gold Deposit. This is a critical step in de-risking and fast-tracking this asset.

Mandilla DFS Momentum: We’ve appointed industry heavyweights - GR Engineering Services for DFS design - Taylor Collision as debt advisor to secure financing - New COO and GM for Mandilla to lead the charge

Strong Balance Sheet: We closed the quarter with $15.9 million in cash, plus an additional $4.96 million raised from options post-quarter, ensuring we are well-funded for the DFS completion and operational readiness. The Mandilla PFS highlights a 12 year project, producing 95koz per year, with a base case NPV of $1.4 billion. We are building a quality, long-life asset!