Announcement PDF ASX Announcement ASX: AAR 27 OCTOBER 2026 Astral Resources Suite 2, Lyall St, South Perth WA 6151 ACN 009 159 077 T +61 8 9382 8822 E info@astralresources.com.au astralresources.com.au | ASX: AAR IN-FILL DRILLING AT THE MANDILLA THEIA STAGE 1 OPEN PIT CONTINUES TO DELIVER HIGH-GRADE RESULTS IN SUPPORT OF THE DEFINITIVE FEASIBILITY STUDY HIGHLIGHTS Mandilla Gold Project • Assay results received for the most recent 65 holes (6,876m) of the ongoing 12.5m x 12.5m in- fill Reverse Circulation (RC) drill program at Theia. • Multiple high-grade intercepts demonstrate the potential to deliver significant gold from the Stage 1 open pit at Astral’s 100%-owned Mandilla Gold Project near Kalgoorlie. • Latest in-fill assay results returned a weighted average grade of 1.51g/t Au which validate both the geological and Mineral Resource models for Theia and highlight significant zones of high-grade mineralisation available for early mining within a Stage 1 open pit. • The in-fill program is a key task in the ongoing Mandilla development, supporting the conversion of the entire Theia Stage 1 open pit into the higher-confidence Measured Mineral Resource category and providing higher confidence in the Mineral Resource to be mined in the first two years of the mine plan. • Best results include: • 15m at 7.54g/t Au from 95m (AMRC501) • 4m at 18.4g/t Au from 110m (AMRC507) • 4m at 11.3g/t Au from 112m (AMRC459) • 1m at 9.00g/t Au from 93m and 17m at 2.59g/t Au from 106m (AMRC453) • 13m at 3.22g/t Au from 100m (AMRC473) • 1m at 10.9g/t Au from 62m, 3m at 12.5g/t Au from 68m and 15m at 2.51g/t Au from 83m (AMRC452) • 33m at 1.19g/t Au from 33m (AMRC458) • 7m at 5.04g/t Au from 61m (AMRC470) • 11m at 3.35g/t Au from 65m (AMRC500) • 10m at 3.16g/t Au from 83m (AMRC419) • 10m at 3.16g/t Au from 33m and 1m at 10.8g/t Au from 61m (AMRC450) • 1m at 7.32g/t Au from 36m and 5m at 5.13g/t Au from 62m (AMRC455) • 3m at 7.26 g/t Au from 71m (AMRC469) • 3m at 7.41g/t Au from 70m (AMRC465) • 6m at 5.09g/t Au from 99m (AMRC478) • 2m at 10.7g/t Au from 134m (AMRC471) 2 astralresources.com.au ASX: AAR | • 11m at 2.93g/t Au from 106m (AMRC497) • The Theia Stage 1 RC in-fill program is continuing, with 303 holes for 30,973 metres now completed and a further 129 holes for approximately 12,616 metres planned. Astral Resources’ Managing Director Marc Ducler said: “The PFS Stage 1 open pit at Theia has a production target of 4.2Mt at 1.1g/t Au over the first 21 months of operation. This ongoing program of in-fill drilling will support the conversion of the entire Stage 1 pit into the higher-confidence Measured Resource category. “The in-fill program has been a highly successful exercise, with this latest batch of results returning a weighted average grade of 1.51g/t Au, well above the production target grade. “We continue to see substantial widths of mineralisation together with discrete high-grade zones, with standout results including 15m at 7.54g/t Au, 4m at 18.4g/t Au, 4m at 11.3g/t Au and 13m at 3.22g/t Au in addition to numerous other significant intercepts. “The Stage 1 in-fill program has now completed 303 holes for 30,973 metres, with a further 129 holes for 12,616 metres planned.” Astral Resources NL (ASX: AAR) (Astral or the Company) is pleased to report assay results for the next 65 holes (6,876m) of an ongoing Reverse Circulation (RC) drilling program at the cornerstone Theia Deposit, part of the 100%-owned Mandilla Gold Project (Mandilla), 70km south of Kalgoorlie in Western Australia (Figure 1). The program is designed to support the conversion of Stage 1 Mineral Resources to the Measured category, increasing confidence in the early mine plan and providing a key de-risking milestone for the Mandilla Gold Project Definitive Feasibility Study and project financing. Results received to date continue to validate both the geological interpretation and the existing Mineral Resource model. JOIN ASTRAL RESOURCES’ INVESTOR HUB Visit Astral Resources' Investor Hub or scan the QR code to be a part of Astral’s interactive hub. Click here to see the latest announcement. 3 astralresources.com.au ASX: AAR | Figure 1 – Map illustrating the location of the Mandilla, Spargoville and Feysville Gold Projects. THEIA IN-FILL DRILLING UPDATE The Theia Deposit hosts a Mineral Resource Estimate (MRE) of 41.0Mt at 1.1g/t Au for 1.4Moz of contained gold1 . In the production case outlined in the Mandilla Pre-Feasibility Study (Mandilla PFS), Theia contributes 1.1Moz or approximately 75% of the overall 1.48Moz production target. The Mandilla PFS contemplated five stages of Theia open pit development. 1 Mandilla JORC 2012 Mineral Resource Estimate: 1.3Mt at 1.3g/t Au from 57koz Measured Mineral Resources, 32.6Mt at 1.0g/t Au for 1,092koz Indicated Mineral Resources and 19.6Mt at 0.9g/t Au for 588koz Inferred Mineral Resources (refer to Astral ASX announcement dated 21 April 2026) 4 astralresources.com.au ASX: AAR | The Stage 1 open pit encompasses 4.2Mt at 1.1g/t Au for 146,000 ounces of contained gold over the first 21 months of the project with a strip ratio of 4:1. The proposed Stage 2 open pit totals 1.9Mt at 0.9g/t Au for 54,000 ounces of contained gold at strip ratio of 5.1:1. Astral is continuing to de-risk the development of the Mandilla Gold Project with an ongoing program of in-fill drilling at Theia. A plan view showing the drill-hole collar locations of the completed holes from the Theia Stage 1 in-fill program is shown in Figure 2. Figure 2 – Plan view of the Theia Deposit showing the ongoing Stage 1 in-fill RC program and the cross-section location 5 astralresources.com.au ASX: AAR | Best results from the latest batch of assays for the Stage 1 in-fill program include: • 11m at 1.14g/t Au from 85m (AMRC447) • 7m at 2.08g/t Au (AMRC448) • 10m at 3.16g/t Au from 33m including 1m at 26.8g/t Au from 33m and 1m at 10.8g/t Au from 61m (AMRC450) • 9m at 1.75g/t Au from 36m, 1m at 10.9g/t Au from 62m, 3m at 12.5g/t Au from 68m including 1m at 33.0g/t Au from 69m and 15m at 2.51g/t Au from 83m including 1m at 16.6g/t Au from 90m (AMRC452) • 1m at 6.89g/t Au from 41m, 1m at 9.00g/t Au from 93m and 17m at 2.59g/t Au from 106m (AMRC453) • 11m at 1.47g/t Au from 87m (AMRC454) • 1m at 7.32g/t Au from 36m and 5m at 5.13g/t Au from 62m (AMRC455) • 9m at 2.72g/t Au from 34m including 1m at 16.5g/t Au from 39m (AMRC456) • 22m at 1.08g/t Au from 41m (AMRC457) • 33m at 1.19g/t Au from 33m and 10m at 0.65g/t Au from 87m (AMRC458) • 4m at 11.3g/t Au from 112m including 1m at 22.9g/t Au from 112m and 1m at 20.7g/t Au from 114m (AMRC459) • 2m at 5.24g/t Au from 30m and 19m at 0.69g/t Au from 11m (AMRC460) • 5m at 1.07g/t Au from 73m, 5m at 1.29g/t Au from 105m and 6m at 4.22g/t Au from 124m including 1m at 19.7g/t Au from 124m (AMRC461) • 3m at 7.41g/t Au from 70m including 1m at 16.3g/t Au from 70m (AMRC465) • 9m at 0.75g/t Au from 41m and 7m at 5.04g/t Au from 61m including 1m at 30.2g/t Au from 66m and 5m at 1.75g/t Au from 117m (AMRC470) • 2m at 10.7g/t Au from 134m including 1m at 20.7g/t Au from 134m (AMRC471) • 11m at 1.75g/t Au from 98m (AMRC472) • 13m at 3.22g/t Au from 100m including 1m at 30.1g/t Au from 105 (AMRC473) • 21m at 0.77g/t Au from 89m (AMRC475) • 6m at 5.09g/t Au from 99m including 1m at 24.2g/t Au from 103 (AMRC478) • 12m at 0.99g/t Au from 51m (AMRC479) • 10m at 0.56g/t Au from 61m and 13m at 1.72g/t Au from 75m including 1m at 13.1g/t Au from 75m (AMRC481) • 4m at 1.75g/t Au from 71m and 1m at 12.7g/t Au from 100m (AMRC483) • 8m at 1.94g/t Au from 23m and 6m at 0.92g/t Au from 38m (AMRC489) • 14m at 0.74g/t Au from 13m and 11m at 1.05g/t Au from 34m (AMRC490) • 9m at 1.12g/t Au from 52m (AMRC491) • 8m at 1.38g/t Au from 18m and 12m at 0.78g/t Au from 36m (AMRCD492) 6 astralresources.com.au ASX: AAR | • 14m at 1.02g/t Au from 19m and 13m at 1.89g/t Au from 55m including 1m at 12.0g/t Au from 63m (AMRC493) • 4m at 1.73g/t Au from 39m and 10m at 1.16g/t Au from 68m (AMRC494) • 12m at 1.48g/t Au from 44m (AMRC495) • 2m at 9.50g/t Au from 33m including 1m at 18.6g/t Au from 33m and 14m at 1.21g/t Au from 47m (AMRC496) • 3m at 1.78g/t Au from 26m, 7m at 1.31g/t Au from 61m and 11m at 2.93g/t Au from 106m including 1m at 16.0g/t Au from 112m (AMRC497) • 10m at 0.78g/t Au from 42m and 11m at 3.35g/t Au from 65m including 1m at 13.3g/t Au from 73m (AMRC500) • 9m at 1.61g/t Au from 43m and 15m at 7.54g/t Au from 95m including 1m at 17.3g/t Au from 102m and 1m at 84.4g/t Au from 108m (AMRC501) • 3m at 6.51g/t Au from 63m including 1m at 18.3g/t Au from 64m, 5m at 1.20g/t Au from 75m, 5m at 1.09g/t Au from 90m and 10m at 0.99g/t Au from 122m (AMRC503) • 3m at 3.64g/t Au from 29m (AMRC505) • 3m at 1.73g/t Au from 26m, 8m at 0.95g/t Au from 71m and 10m at 1.15g/t Au from 105m (AMRC506) • 16m at 0.70g/t Au from 52m and 4m at 18.4g/t Au from 110m including 1m at 66.9g/t Au from 110m (AMRC507) • 14m at 1.49g/t Au from 108m including 1m at 15.9g/t Au from 121m (AMRC517) Cross-section A-A’, as located in the above plan view, is shown below in Figure 3. 7 astralresources.com.au ASX: AAR | Figure 3 – Cross-section A-A’ view of the Theia Deposit showing the drill trace and assay results for the current in- fill RC drilling The weighted average grade of all the Stage 1 in-fill intercepts reported in this announcement is 1.51g/t Au, which is well above the production target grade for the Stage 1 pit of 1.1g/t Au. This is consistent with previous in-fill program results which have averaged 1.93g/t Au (ASX Announcement 2 December 2025), 1.41g/t Au (ASX Announcement 9 July 2026), 1.24g/t Au (ASX Announcement 23 July 2026) and 1.54g/t Au (ASX Announcement 8 September 2026). Mineralisation encountered to date remains consistent with the established Theia geological model, with gold hosted within broad, continuous corridors of shallow south-west dipping quartz-sulphide veining developed within the host monzonite. CURRENT AND FUTURE EXPLORATION WORK PROGRAMS Exploration is ongoing at Theia with two drill rigs currently operating. The in-fill RC drilling program at the proposed Stage 1 open pit is ongoing, with 303 holes for 30,973 metres completed of the 431-hole (44,400m) program. The Theia Deeps diamond drilling program is also ongoing, with 19 holes of the expanded 21-hole (11,000m) program completed. Assay results are pending for two holes for 1,422 metres. 8 astralresources.com.au ASX: AAR | APPROVED FOR RELEASE This announcement has been authorised for release by the Managing Director. For further information: Investors Media Marc Ducler Nicholas Read Managing Director Read Corporate Astral Resources +61 419 929 046 +61 8 9382 8822 ABOUT THE MANDILLA GOLD PROJECT The Mandilla Gold Project is situated in the northern Widgiemooltha greenstone belt, approximately 70 kilometres south of the significant mining centre of Kalgoorlie, Western Australia. The area hosts world-class deposits such as the Golden Mile Super Pit in Kalgoorlie, owned by Northern Star Resources Limited (ASX: NST), and the St Ives Gold Mine approximately 20 kilometres to the south-east of Kambalda, owned by Gold Fields Limited, as well as the Beta Hunt Gold Mine immediately to the south of Kambalda, owned by Westgold Resources Limited (ASX: WGX). The Mandilla Gold Project includes the Theia, Iris, Eos and Hestia deposits. Gold mineralisation at Theia and Iris is comprised of structurally controlled quartz vein arrays and hydrothermal alteration close to the western margin of the Emu Rocks Granite and locally in contact with sediments of the Spargoville Group. Significant NW to WNW-trending structures along the western flank of the project are interpreted from aeromagnetic data to cut through the granitic intrusion. These structures are considered important in localising gold mineralisation at Theia, which has a mineralised footprint extending over a strike length of more than 1.6km. A second sub-parallel structure hosts gold mineralisation at the Iris deposit. The mineralised footprint at Iris extends over a strike length of approximately 700 metres, combining with Theia to form a mineralised zone extending over a strike length of more than 2.3 kilometres. At Eos, located further to the south-east, a relatively shallow high-grade mineralised palaeochannel deposit has been identified which extends over a length of approximately 900 metres. A primary gold source is also present, with further drilling required to determine both the nature and structural controls on mineralisation and its extent. Mineralisation delineated over approximately 1,300 metres of strike at the Hestia deposit, located approximately 500 metres west of Theia, is associated with a shear zone adjacent to a mafic/sediment contact, interpreted to be part of the major north-south trending group of thrust faults known as the Spargoville Shear Corridor. Locally, the Spargoville Shear Corridor hosts the historically mined Wattle Dam gold mine (266koz at 10.6g/t Au) and, further to the north, the Ghost Crab/Mt Marion mine (>1Moz). The mineralisation at Hestia, which is present in a different geological setting to the bedrock mineralisation at Theia and Iris, remains open both down-dip and along strike. 9 astralresources.com.au ASX: AAR | In April 2026, Astral announced a Mineral Resource Estimate (MRE) of 53.5Mt at 1.0 g/t Au for 1.74Moz of contained gold2 for the Mandilla Gold Project. Metallurgical testing undertaken on each of the main deposits at Mandilla – Theia, Iris, Eos and Hestia – has demonstrated high gravity recoverable gold, fast leach kinetics and exceptional overall gold recoveries with low reagent consumptions and coarse grinding3,4. In June 2025, Astral announced the results of a Preliminary Feasibility Study for Mandilla (Mandilla PFS), which also included the mining of gold deposits at Feysville. It was based on a standalone project comprising seven open pit mines feeding a 2.75Mtpa processing facility, producing 95koz per year for the first 12 years. The base case gold price assumption for the Mandilla PFS was A$4,250/oz and demonstrated a Net Present Value (8% discount rate) (NPV8) of $1.4 billion5. At a A$6,000 gold price, the NPV8 increases to $2.7 billion. Four open-pit mines at Mandilla were included in the Mandilla PFS (Theia, Hestia, Eos and Iris), and three open-pits mines at Feysville (Kamperman, Think Big and Rogan Josh). The Company is currently progressing a Definitive Feasibility Study for Mandilla (Mandilla DFS). The Mandilla DFS is forecast for completion during the March Quarter 2027. Simultaneously, the Company is pursuing an early mining opportunity at the Think Big deposit at Feysville, which could produce cash flow during the June Quarter 2027. A map of Mandilla and Spargoville areas, illustrating both the local area geology and mineral deposits is set out in Figure 4. 2 Mandilla JORC 2012 Mineral Resource Estimate: 1.3Mt at 1.3g/t Au from 57koz Measured Mineral Resources, 32.6Mt at 1.0g/t Au for 1,092koz Indicated Mineral Resources and 19.6Mt at 0.9g/t Au for 588koz Inferred Mineral Resources (refer to Astral ASX announcement dated 21 April 2026) 3 ASX Announcement 6 June 2022 “Outstanding metallurgical test-work results continue to de-risk Mandilla.” 4 ASX Announcement 17 September 2024 “Outstanding metallurgical results further de-risk Mandilla.” 5 Mandilla Project Pre-Feasibility Study – Maiden Ore Reserve (refer to Astral ASX Announcement dated 25 June 2025) 10 astralresources.com.au ASX: AAR | Figure 4 – Map of Spargoville and Mandilla Gold Projects on local area geology. 11 astralresources.com.au ASX: AAR | CONSOLIDATED MINERAL RESOURCE & ORE RESERVE ESTIMATES Ore Reserve Estimates The Group’s consolidated JORC 2012 Ore Reserve Estimate as at the date of this report is detailed in Table 1 below. Table 1 – Group Ore Reserves Project Probable Total Ore Reserve Tonnes Grade Metal Tonnes Grade Metal (Mt) (Au g/t) (oz Au) (Mt) (Au g/t) (oz Au) Mandilla4 34.3 0.9 1,000,000 34.3 0.9 1,000,000 Feysville4 2.3 1.2 88,000 2.3 1.2 88,000 Total 36.6 0.9 1,082,000 36.6 0.9 1,082,000 Ore Reserves are a subset of Mineral Resources. Ore Reserves are estimated using a gold price of AUD $3,000 per ounce. The preceding statement of Ore Reserves conforms to the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code) 2012 Edition. All tonnages reported are dry metric tonnes. Minor discrepancies may occur due to rounding to appropriate significant figures. The Ore Reserves for Mandilla are reported at a cut-off grade of 0.30 g/t Au lower cut-off and Feysville are reported at a cut-off grade of 0.40 g/t Au lower cut-off. Group Mineral Resource Estimates The Group’s consolidated JORC 2012 Mineral Resource Estimate as at the date of this report is detailed in Table 2 below. Table 2 – Group Mineral Resources Project Measured Indicated Inferred Total Mineral Resource Tonnes Grade Metal Tonnes Grade Metal Tonnes Grade Metal Tonnes Grade Metal (Mt) (Au g/t) (oz Au) (Mt) (Au g/t) (oz Au) (Mt) (Au g/t) (oz Au) (Mt) (Au g/t) (oz Au) Mandilla2 1.3 1.3 57,000 32.6 1.0 1,092,000 19.6 0.9 588,000 53.5 1.0 1,736,000 Feysville6 - - - 3.5 1.3 144,000 1.5 1.1 53,000 5.0 1.2 196,000 Spargoville7 - - - 5.1 1.1 186,000 3.4 0.9 95,000 8.5 1.0 281,000 Total 1.3 1.3 57,000 41.2 1.1 1,422,000 24.5 0.9 735,000 67.0 1.0 2,214,000 The preceding statement of Mineral Resources conforms to the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code) 2012 Edition. All tonnages reported are dry metric tonnes. Minor discrepancies may occur due to rounding to appropriate significant figures The Mineral Resources are reported at a 0.40 g/t Au lower cut-off for Mandilla, Spiders, Eagles Nest, 8500N and 5B, and a 0.39g/t Au lower cut-off grade for Feysville and the remainder of Spargoville and is constrained within pit shells derived using a gold price of A$4,500 per ounce for Mandilla, Spiders, Eagles Nest, 8500N and 5B, A$3,500 for the remainder of Spargoville and A$2,500 per ounce for Feysville. 6 Feysville JORC 2012 Mineral Resource Estimate: 4Mt at 1.3g/t Au for 144koz Indicated Mineral Resources and 1Mt at 1.1g/t Au for 53koz Inferred Mineral Resources (refer to Astral ASX announcement dated 1 November 2024). 7 Spargoville JORC 2012 Mineral Resource Estimate: 5.1Mt at 1.1g/t Au for 186koz Indicated Mineral Resources and 3.4Mt at 0.9g/t Au for 95koz Inferred Mineral Resources (refer to Astral ASX announcement dated 9 October 2026). 12 astralresources.com.au ASX: AAR | Competent Person’s Statements Mandilla The information in this announcement that relates to exploration targets and exploration results for the Mandilla Gold Project is based on, and fairly represents, information and supporting documentation compiled by Ms Julie Reid, who is a full‐time employee of Astral Resources NL. Ms Reid is a Competent Person and a Member of The Australasian Institute of Mining and Metallurgy. Ms Reid has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Ms Reid consents to the inclusion in this report of the material based on this information, in the form and context in which it appears. The information in this announcement that relates to the Ore Reserves for the Mandilla Gold Project were announced in the Company’s ASX announcement dated 25 June 2025 titled “Mandilla Project Pre-Feasibility Study – Maiden Ore Reserve". The Company confirms that it is not aware of any new information or data that materially affects the information included in the ASX announcement dated 25 June 2025 and all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The Company confirms the form and context in which Competent Persons’ findings are presented have not materially changed from previous market announcements. The reports are available to view on the ASX website and on the Company’s website at www.astralresources.com.au. The information in this announcement that relates to the Mineral Resources for the Mandilla Gold Project reported in this announcement were announced in the Company’s ASX announcement dated 21 April 2026 titled " Mineral Resource Increased to 2.07 Million Ounces - Mandilla Now at 1.74 Million Ounces Gold". The Company confirms that it is not aware of any new information or data that materially affects the information included in the ASX announcement dated 21 April 2026 and all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The Company confirms the form and context in which Competent Persons’ findings are presented have not materially changed from previous market announcements. The reports are available to view on the ASX website and on the Company’s website at www.astralresources.com.au. The information in this announcement that relates to metallurgical test work for the Mandilla Gold Project reported in this announcement were announced in the Company’s ASX announcements dated 28 January 2021, 6 June 2022, 17 September 2024 and 5 March 2025. The Company confirms that it is not aware of any new information or data that materially affects the information included in the ASX announcements dated 28 January 2021, 6 June 2022, 17 September 2024 and 5 March 2025 and all material assumptions and technical parameters in the relevant market announcement continue to apply and have not materially changed. The Company confirms the form and context in which Competent Persons’ findings are presented have not materially changed from previous market announcements. The reports are available to view on the ASX website and on the Company’s website at www.astralresources.com.au. Feysville The information in this announcement that relates to exploration targets and exploration results for the Feysville Gold Project is based on, and fairly represents, information and supporting documentation compiled by Ms Julie Reid, who is a full‐time employee of Astral Resources NL. Ms Reid is a Competent Person and a Member of The Australasian Institute of Mining and Metallurgy. Ms Reid has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Ms Reid consents to the inclusion in this report of the material based on this information, in the form and context in which it appears. The information in this announcement that relates to the Ore Reserves for the Feysville Gold Project were announced in the Company’s ASX announcement dated 25 June 2025 titled “Mandilla Project Pre-Feasibility Study – Maiden Ore Reserve". The Company confirms that it is not aware of any new information or data that materially affects the information included in the ASX announcement dated 25 June 2025 and all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The Company confirms the form and context in which Competent Persons’ findings are presented have not materially changed from previous market announcements. The reports are available to view on the ASX website and on the Company’s website at www.astralresources.com.au. 13 astralresources.com.au ASX: AAR | The information in this announcement that relates to the Mineral Resources for the Feysville Gold Project reported in this announcement were announced in the Company’s ASX announcement dated 1 November 2024 titled "Astral's Group Gold Mineral Resource Increases to 1.46Moz with Updated Feysville MRE". The Company confirms that it is not aware of any new information or data that materially affects the information included in the ASX announcement dated 1 November 2024 and all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The Company confirms the form and context in which Competent Persons’ findings are presented have not materially changed from previous market announcements. The reports are available to view on the ASX website and on the Company’s website at www.astralresources.com.au. The information in this announcement that relates to metallurgical test work for the Feysville Gold Project reported in this announcement were announced in the Company’s ASX announcement dated 22 May 2025. The Company confirms that it is not aware of any new information or data that materially affects the information included in the ASX announcement dated 22 May 2025 and all material assumptions and technical parameters in the relevant market announcement continue to apply and have not materially changed. The Company confirms the form and context in which Competent Persons’ findings are presented have not materially changed from previous market announcements. The reports are available to view on the ASX website and on the Company’s website at www.astralresources.com.au. Spargoville The information in this announcement that relates to exploration targets and exploration results for the Spargoville Gold Project is based on, and fairly represents, information and supporting documentation compiled by Ms Julie Reid, who is a full‐time employee of Astral Resources NL. Ms Reid is a Competent Person and a Member of The Australasian Institute of Mining and Metallurgy. Ms Reid has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Ms Reid consents to the inclusion in this report of the material based on this information, in the form and context in which it appears. The information in this announcement that relates to the Mineral Resources for the Spargoville Gold Project were announced in the Company’s ASX announcement dated 9 October 2026 titled "Substantial Increase in Mineral Resources at Spargoville Project, WA Following Re-Estimation of Key Deposits". The Company confirms that it is not aware of any new information or data that materially affects the information included in the ASX announcement dated 9 October 2026 and all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The Company confirms the form and context in which Competent Persons’ findings are presented have not materially changed from previous market announcements. The reports are available to view on the ASX website and on the Company’s website at www.astralresources.com.au. Previously Reported Results Exploration Results The information in this announcement that relates to Exploration Results is extracted from the ASX Announcements (Original Announcements), which have been previously announced on the Company’s ASX Announcements Platform and the Company’s website at www.astralresources.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in the Original Announcements and that all material assumptions and technical parameters underpinning the estimates in the Original Announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Persons’ findings are presented have not been materially modified from the original announcement. Pre-Feasibility Study The information in this announcement that relates to the production target for the Mandilla Gold Project was reported by Astral in accordance with ASX Listing Rules and the JORC Code (2012 edition) in the announcement “Mandilla Project Pre-Feasibility Study – Maiden Ore Reserve" released to the ASX on 25 June 2025. A copy of that announcement is available at www.asx.com.au. Astral confirms it is not aware of any new information or data that materially affects the information included in that market announcement and that all material assumptions and technical parameters underpinning the production target, and the related forecast financial information 14 astralresources.com.au ASX: AAR | derived from the production target in that market announcement continue to apply and have not materially changed. Astral confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from that market announcement. Forward Looking Statements This announcement may contain certain “forward looking statements” which may not have been based solely on historical facts but rather may be based on the Company’s current expectations about future events and results. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, forward looking statements are subject to risks, uncertainties, assumptions, and other factors which could cause actual results to differ materially from future results expressed, projected or implied by such forward looking statements. Such risks include, but are not limited to exploration risk, resource risk, metal price volatility, currency fluctuations, increased production costs and variances in ore grade or recovery rates from those assumed in mining pla