Announcement PDF ASX Announcement 28 October 2026 ASX: OR3 Follow Us E. info@oreresources.com.au P. +618 6383 7817 oreresources.com.au ORE Resources Suite 2, Level 2, 34 Colin St, West Perth WA 6005 COOLGARDIE INITIAL GOLD MINERAL RESOURCE ESTIMATE AND EXPLORATION TARGET Ore Resources Ltd (ASX: OR3) (Ore or the Company) is pleased to announce the declaration of its initial gold Mineral Resource Estimate (MRE) and Exploration Target (ET) at its Coolgardie Gold Projects located in the W.A. Goldfields. HIGHLIGHTS • Initial gold MRE declared at Miriam, consisting of 2.8Mt @ 1.7 g/t Au for 153koz contained gold using a 0.5 g/t Au cut-off grade, with Flagship Forrest deposit hosts 2.69Mt @ 1.7 g/t Au for 147koz contained gold, with mineralisation remaining open along strike and at depth. • 35% of MRE classified as Indicated Mineral Resources: 0.94Mt @ 1.8 g/t Au for 53,370oz contained gold. • The majority of contained ounces are located within 100m of surface, with the entire MRE within 220m of surface, highlighting favourable development characteristics and strong potential for near- term resource growth. • MRE achieved in just over 12 months after first initial drilling results.1 • ET of 4.55 to 5.8Mt @ 1.4 -2.3 g/t Au for 200,000 to 400,000oz gold in addition to MRE across the broader Coolgardie Gold Projects. Cautionary Statement: The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource, and it is uncertain if further exploration will result in the estimation of a Mineral Resource. • ET captures resource growth potential at Miriam, including further extensions to Forrest and Canyon along with initial resource potential at the Miriam regional prospects (Jungle, Devils Playground and Burbanks Monarch) along with the standalone Avoca Gold Project (Avoca). • ET excludes multiple targets across Coolgardie, including: Burbanks Grand Junction, Blue Bell, Aurifer, Bell Bird, Tartan and Goroke. • Tenure strategically located within trucking distance of multiple third-party processing facilities across the Kalgoorlie and Coolgardie regions. • Ore is assessing a range of commercial pathways for MRE that could reduce development complexity and support the potential for a rapid, low-capital pathway to gold production. • Drilling programmes planned throughout Q4 2026 at Avoca, Mt Monger and Miriam (Forrest, Burbanks Monarch), with results expected across Q4 CY2026 and Q1 CY2027. • Ore is well funded and strongly positioned to advance all planned activities across its WA Goldfields 1 Refer to OR3 ASX releases “Thick High-Grade Gold Intersected at Forrest” dated 2 September 2025 and “Strong Regolith Gold Anomalism Identified at Canyon” dated 15 September 2025 oreresources.com.au 2 Ore Resources’ Managing Director and CEO, Nick Rathjen, commented: “The declaration of Ore’s initial gold resource at Miriam is a substantial achievement for the Company and provides strong validation of our proven low-cost exploration strategy across the Coolgardie Gold Projects. Delivered little more than 12 months after reporting the first drilling results from the Forrest and Canyon discoveries, this milestone highlights the pace at which our team has been able to identify, delineate and advance high-quality gold mineralisation and our ability to translate that success into resource definition. “The MRE exhibits several highly attractive characteristics from a future development perspective. More than one-third of contained ounces has been classified in the Indicated category, providing a strong foundation for future technical and economic studies. Importantly, the majority located within the upper 100 vertical metres with all reported ounces within 220 metres of surface, supporting favourable mining characteristics and providing a solid platform for further near-term resource growth. “Importantly, we believe Miriam remains in the early stages of its growth trajectory. Mineralisation at both Forrest and Canyon remains open along strike and at depth, and a number of advanced regional targets, including Jungle, Devils Playground and Burbanks Monarch, remain largely untested. Further upside also exists at the standalone Avoca Project, located immediately north of Miriam. This broader growth opportunity is reflected in the declaration of an Exploration Target for the broader Coolgardie Gold Projects, consisting of 4.55 to 5.8Mt @ 1.4 to 2.3 g/t Au for 200,000 to 400,000 ounces. The Exploration Target highlights substantial scope to materially increase the current resource base through continued exploration success. “Miriam’s location further enhances its strategic appeal. Situated in the heart of Western Australia’s Goldfields region, the Project benefits from proximity to numerous operating processing facilities in both Coolgardie and Kalgoorlie. This established infrastructure and range of processing options provide considerable flexibility as we assess future development pathways and seek to maximise project value. “Our focus now is firmly on unlocking the next phase of growth. AC drilling is already underway at Avoca, while RC drilling is scheduled to commence at Forrest and Burbanks Monarch in the coming weeks. First-pass drilling is also slated to commence at Mt Monger, part of the Kal East Gold Projects, later in the December quarter. These activities are expected to generate a strong pipeline of results, refine our understanding of key targets and support ongoing expansion of our gold inventory leading into 2027. “The initial gold MRE offers a strong foundation from which to advance this emerging value creation opportunity across our Western Australian Goldfields assets. With a growing resource base, a substantial Exploration Target and multiple high-priority drilling opportunities being tested in the coming months across our growing portfolio, Ore remains exceptionally well positioned to continue building scale and delivering shareholder value through new gold discoveries and rapid resource growth.” Initial Mineral Resource declared at Miriam The initial MRE contains 2.8Mt @ 1.7 g/t Au for 153,200 contained ounces. The MRE includes a higher-grade resource in the Indicated category of 0.94Mt @ 1.8 g/t Au for 53,370 contained ounces, reported entirely within the Flagship Forrest deposit. The flagship Forrest deposit hosts the majority of the MRE, comprising 2.69Mt @ 1.7 g/t Au for 147,400 contained ounces. oreresources.com.au 3 The Miriam MRE is underpinned by a comprehensive drilling database comprising 1,152 drill holes (of which 106 RC and diamond drill holes inform the MRE), incorporating all drilling completed by the Company (up until August 2026) together with extensive historical drilling data from previous operators. The MRE was compiled by Mr Shaun Searle, Director of Ashmore Advisory and a Member of the Australian Institute of Geoscientists (AIG). Mr Searle has sufficient experience relevant to the style of mineralisation, deposit type and activity undertaken to qualify as a Competent Person as defined in the JORC Code (2012). The MRE outlined in Table 1 below has been estimated and reported in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code, 2012 Edition). Table 1: Miriam – October 2026 Mineral Resource Estimate (0.5 g/t Au cut-off, A$7,000 shell) Prospect Indicated Inferred Total Tonnage (kt) Au g/t Au ounces Tonnage (kt) Au g/t Au ounces Tonnage (kt) Au g/t Au ounces Forrest 940 1.8 53,370 1,750 1.7 94,030 2,690 1.7 147,400 Canyon - - - 110 1.7 5,800 110 1.7 5,800 Total 940 1.8 53,370 1,860 1.7 99,800 2,800 1.7 153,200 Notes: • Totals may differ due to rounding, Mineral Resources reported on a dry in-situ basis. • All Mineral Resource figures reported herein are estimates as at October 2026. • Mineral Resource estimates are inherently uncertain and reflect interpretations of the location, geometry, continuity and grade of mineralisation based on available geological and sampling data. Details of the optimisation parameters are reported in the Material Information Summary below. • The Mineral Resource is reported within an optimised pit shell at 0.5 g/t Au cut-off and generated using a gold price of A$7,000/oz, metallurgical recovery of 95%, and pit wall angles ranging from 40° to 50°. Reported figures are undiluted. The initial MRE for the Miriam Project represents a significant milestone for Ore Resources following its strategic transition to gold exploration in 2025. The acquisition of the Miriam gold rights in May 2025, and the commencement of drilling shortly thereafter laid the foundation for what has rapidly evolved into a significant gold discovery. Initial assay results received in September 2025 confirmed the presence of substantial gold mineralisation at both the Forrest and Canyon prospects, while regional geological interpretation identified multiple additional targets along the more than 6km-long Miriam Shear Zone.2 Subsequent exploration programmes, comprising aircore, reverse circulation and diamond drilling, were completed between September 2025 and June 2026. The resulting geological, structural and drill assay datasets underpin the initial MRE. 2 Refer to OR3 ASX releases “Thick High-Grade Gold Intersected at Forrest” dated 2 September 2025 and “Strong Regolith Gold Anomalism Identified at Canyon” dated 15 September 2025 oreresources.com.au 4 Figure 1: Forrest MRE – Plan View Resource modelling and estimation have defined high-grade gold resources at both the Forrest and Canyon prospects. Located approximately 750m apart along the Miriam Shear Zone, both deposits are hosted within a highly prospective ductile structure recognised as a key control on gold mineralisation. oreresources.com.au 5 Figure 2: Canyon MRE – Plan View The resources have been constrained within a A$7,000/oz optimised pit shell and extend to a maximum depth of approximately 220m at Forrest and 90m at Canyon. oreresources.com.au 6 Figure 3: Miriam – Schematic Long Section Exploration Target shown as contained ounces only. Refer to Table 2 for the Exploration Target tonnage and grade ranges. The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource, and it is uncertain if further exploration will result in the estimation of a Mineral Resource. Third-party resource depths shown for illustration only. Not an indication of the depth extent of mineralisation at Forrest. Exploration to date has focused primarily on the Forrest prospect, where sub-vertical gold lodes have been delineated within both oxide and fresh rock lithologies. Drilling has returned numerous broad and high-grade intersections, including3 : • 12m @ 12.18 g/t Au from 48m (FGRC027) • 24m @ 4.04 g/t Au from 37m (FGRC038) • 33m @ 2.80 g/t Au from 35m (FGRC004), including 12m @ 4.39 g/t Au from 35m • 25m @ 3.28 g/t Au from 119m (FGRC024) • 33m @ 1.44 g/t Au from 135m (FGRC056D) • 20m @ 2.27 g/t Au from 183m (FGRC047) • 18m @ 2.25 g/t Au from 66m (FGRC043), including 6m @ 5.05 g/t Au from 72m Importantly, drilling has remained relatively shallow, with the majority of contained ounces located within the upper 100 vertical metres of the deposit. This shallow resource position, combined with mineralisation that remains open along strike and at depth, highlights significant potential for future resource growth at Forrest. 3 Refer to OR3 ASX releases “Results of 1m Samples from Miriam” dated 20 October 2025, “New Thick High-Grade Gold Lodes and Extensions at Forrest” dated 10 November 2025 and “Miriam Phase 3 Assays Further Expand the Emerging gold System at Forrest” date 20 January 2026 oreresources.com.au 7 Figure 4: Forrest Prospect – Cross Section The Project benefits from its strategic location within Western Australia's prolific Goldfields region and is situated within trucking distance of multiple operating processing facilities including Greenfields, Three Mile Hill, Mungari, Lakewood, Fimiston, Kanowna Belle and Paddington, as well as proposed future processing hubs at Bullabulling and Black Swan, providing a range of potential commercialisation pathways. Exploration Target Ore Resources has identified substantial additional upside across its broader Coolgardie Gold Project portfolio through the establishment of an Exploration Target. Prepared by Ashmore Advisory, the Exploration Target is based on current Mineral Resources, historical drilling and exploration results, and geological interpretations across the Company's project portfolio. Collectively, the Exploration Target highlights the potential for an additional 4,550 to 5,800kt @ 1.4 to 2.3 g/t Au for 200,000 to 400,000oz gold beyond the current MRE base. Ore plans to undertake systematic drilling programs throughout Q4 2026 and into 2027 with the objective of converting this exploration potential into future Mineral Resources. oreresources.com.au 8 Table 2: Coolgardie – October 2026 Exploration Target Area Tonnage Range (Kt) Grade (g/t Au) Range (contained ounces) Lower Upper Forrest Depth & Strike Extensions 1,550 1,900 1.5 – 2.5 75,000 – 150,000 Miriam Regional Prospects 1,800 2,350 1.3 – 2.0 75,000 – 150,000 Avoca Gold Project 1,200 1,550 1.3 – 2.0 50,000 – 100,000 Total 4,550 5,800 1.4 – 2.3 200,000 – 400,000 Cautionary Statement: The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource, and it is uncertain if further exploration will result in the estimation of a Mineral Resource. The Exploration Target has been prepared and reported by Ashmore Advisory, in accordance with the JORC Code. Forrest Depth & Strike Extensions Ore plans to conduct follow-up drilling to better constrain the geometry and potential plunge orientation of the high-grade shoots. Importantly, the Forrest deposit remains open along strike and at depth, highlighting strong potential for future drilling to further expand this emerging high-grade gold system. Miriam Regional Prospects The broader Miriam tenure hosts several underexplored regional prospects that provide significant scope for additional gold discoveries beyond the Forrest and Canyon deposits. Regional AC drilling completed over the June 2026 quarter identified multiple zones of anomalous gold along the 6.2km-long Miriam Shear Zone, reinforcing its prospectivity and highlighting the potential for the development of a larger mineralised gold system. The Company has further strengthened this opportunity through the consolidation of the Miriam Project into a single contiguous landholding, securing strategic tenure adjacent to Forrest and unlocking additional exploration opportunities across the project area. Key regional targets include Canyon, Devils Playground, Jungle and Burbanks Monarch, all of which are supported by historical drilling and recent exploration results. Notably, the acquisition of Mining Lease M15/11 at Canyon enables immediate testing of prospective southern extensions to the known mineralised system. Collectively, these prospects demonstrate the potential for substantial growth at Miriam, with ongoing drilling aimed at unlocking additional resources and new gold discoveries across the broader tenure package. Avoca Gold Project Avoca comprises 6.7km2 of prospective exploration tenure located to the north of Ore’s Miriam and Burbanks East Gold Projects. The Avoca tenure is situated along the highly endowed Kunanalling Shear Zone, a major structural corridor hosting mafic, ultramafic and sedimentary rock units. oreresources.com.au 9 Historical exploration and prospecting activities across the tenure have highlighted numerous mineralised gold trends, including a standout intercept of 4m @ 14.04 g/t Au from 36m within 44m @ 1.84 g/t Au from 16m (AVRC002)4 . Ore's review of historical drilling also defined a mineralised trend extending approximately 300m along strike in the southern portion of the project area. This trend hosts several significant-grade gold intersections yet remains only sparsely drill tested. Mineralisation identified to date is largely confined to shallow regolith, highlighting the potential for near-surface oxide gold mineralisation. Figure 5: Coolgardie Gold Projects – Location Map Exploration Target shown as contained ounces only. Refer to Table 2 for the Exploration Target tonnage and grade ranges. The potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource, and it is uncertain if further exploration will result in the estimation of a Mineral Resource. 4 Refer to OR3 ASX release dated 16 March 2026, “Expansion of Coolgardie Gold & Lithium Project” oreresources.com.au 10 Material Information Summary – Mineral Resource Estimate and Exploration Target for the Coolgardie Gold Projects The following is a material information summary relating to the MRE and Exploration Target consistent with ASX Listing Rule 5.8.1 requirements. Further details are provided in the JORC Code Table 1 below. Location, Geology and Geological interpretation The Miriam Gold Project forms part of Ore Resources' broader Coolgardie Gold Projects, comprising more than 80km² of highly prospective gold tenure located within one of Western Australia's premier gold-producing regions. Miriam is situated within the Coolgardie Greenstone Belt and encompasses a sequence of mafic and ultramafic lithologies intruded by felsic units. The Project occupies a highly prospective structural corridor hosting several significant nearby gold deposits, including Bullabulling (6.2Moz @ 1.0 g/t Au), Burbanks (755koz @ 1.7 g/t Au), McPhersons Reward (73koz @ 1.15 g/t Au) and the Coolgardie Operations (2.7Moz @ 1.8 g/t Au).5 Ore has delivered substantial exploration success at Miriam, with drilling focused primarily on the Forrest Prospect. Initial drilling commenced at Forrest in September 2025 was focused on expanding upon historical gold mineralisation identified within shallow regolith-hosted lodes. Three phases of RC drilling, with a fourth currently underway, have since delineated multiple shallow oxide and fresh rock gold lodes that remain open in several directions. Importantly, the discovery of broad, coherent fresh rock mineralisation has significantly enhanced the scale potential of the Forrest gold system, demonstrating that mineralisation extends beyond the previously recognised oxide component. Results to date indicate a robust, multi-lode gold system with the potential to host mineralisation over considerable strike lengths. The Project is considered highly prospective for both structurally controlled and lode-style gold mineralisation hosted within Archean greenstone sequences. Drilling Techniques A drill hole database comprising all exploration completed at Miriam, including Ore Resources drilling to August 2026 and historic drilling data, was supplied to Ashmore. The database contains records for 1,152 drill holes, of which 665 plot within the current Miriam tenure. Drill holes across multiple drilling methods, including rotary air blast (RAB), aircore (AC), percussion (PH), reverse circulation (RC), RC with diamond tails (RC_DDT) and diamond drilling (DDH). Collar surveys for all Ore drill holes were completed by company geologists using a high-precision RTK GPS system, with coordinates recorded in GDA94 Zone 51S. RAB and AC drill holes were excluded from the MRE, Percussion drill holes (PH) did not intercept the modelled mineralisation, while all RC and DDH data intercepting the modelled mineralisation were incorporated. 5 Three Mile Hill refer to Focus Minerals ASX Announcement dated 1st December 2023, MacPhersons and Geko refer to Beacon Minerals’ Resource and Reserves. Burbanks refer to Maritana Minerals ASX Announcement dated 11th September 2026 and Bullabulling refer to Minerals 260 ASX Announcement dated 8th July 2026. Refer to Maritana Minerals ASX Announcement dated 11th September 2026, Beacon Minerals ASX announcement dated 6th November 2024 and Focus Minerals ASX Announcement dated 1st December 2023 oreresources.com.au 11 Table 3: Summary of Drilling at Coolgardie Gold Project Hole Type In Database In Mineral Resource Drill holes Drill holes Intersection Number Metres Number Metres Metres RAB 63 2,957 - - - AC 248 11,070 - - - PH 45 2,582 - - - RC 275 25,300 100 12,582 1,090 RC_DDT 11 2,248 5 1,382 99 DDH 23 6,663 1 252 16 Total 665 50,820 106 14,216 1,205 Sampling and Assaying RC drilling was completed using a 5.5-inch pneumatic hammer, with samples collected at 1m intervals. A 2-3kg subsample was obtained via cone splitter and collected in pre-labelled calico bags, while 4m composite samples were generated from the bulk material using spear sampling. Both 1m and 4m samples were analysed by fire assay using a 50g charge. Composite sample intervals returning >0.1g/t Au were subsequently resampled and assayed on a 1m basis. Diamond drilling was completed using NQ2 and HQ equipment with standard tube. Samples comprising 20cm to 1m intervals of half or quarter core were sawn and submitted for analysis. Where core orientation data were available, the core was cut to preserve the orientation line, with the same side of the core consistently submitted for assay. Sample preparation and analysis were undertaken by ALS Laboratories (Perth). Samples were oven dried at 105°C, crushed to >90% passing 3mm and split to produce a 50g aliquot for gold analysis by fire assay with atomic absorption spectroscopy (ALS method Au-AA26). Mineral Resource Classification The Forrest MRE comprises a well-defined zone of medium- to high-grade gold mineralisation. While the mineralised lodes vary in thickness and geometry, the available drill density has enabled the delineation of coherent and continuous mineralised domains. The MRE has been classified as Indicated and Inferred based on drilling density, data quality and geological continuity. Indicated Mineral Resources were assigned to areas supported by closely spaced RC and diamond drilling, generally at spacing of less than 25m × 25m. Inferred Mineral Resources were assigned to areas with drill spacing greater than 25m × 25m and to peripheral extensions of the mineralised lodes. Mineralisation at Canyon has been classified entirely as an Inferred Mineral Resource. A long section view of MRE Classification for the Forrest and Canyon prospects is shown above in Figure 3. oreresources.com.au 12 Resource Estimation Methodology Resource Wireframes A total of twelve (12) mineralised lode wireframes were interpreted at Forrest and three (3) at Canyon using Surpac geological modelling software. These wireframes were used to define estimation domains and constrain the MRE model. The domains were treated as hard boundaries during estimation, with only assay data contained within each wireframe used to estimate blocks within that domain. A plan view of the interpreted mineralisation and drilling is presented in Figures 1 and 2. Weathering surfaces were generated utilising Surpac software and based on geological logging data and extended beyond the limits of the block model. All wireframes and geological surfaces were validated within Surpac prior to estimation. Mineralised domains were coded into the resource database and used to define MRE intersections. Compositing Sample length analysis was undertaken within the mineralised domains, with the majority of samples collected at 1m intervals. Based on this assessment, assays within the resource domains were composited to 1m downhole intervals using a best-fit compositing approach in Surpac. High-Grade Capping Composite data was reviewed in supervisor software to evaluate grade distributions within each mineralised domain. This review included population histograms, log-probability plots and coefficient of variation statistics. High-grade caps were determined on a domain-by-domain basis using a combination of statistical analysis and spatial assessment of outlier grades. Top-cuts ranging from 15 g/t Au to 30 g/t Au were applied where appropriate, resulting in the capping of eight composite samples. Variography Variography was undertaken to assess the spatial continuity of gold mineralisation and define the principal directions and ranges of grade continuity within the deposit. The analysis also quantified the short-range variability, or nugget effect, of the mineralisation. The resulting variogram models formed the basis for the kriging estimation parameters applied during resource estimation. Kriging Parameters Gold grades were estimated into a Surpac block model using Ordinary Kriging (OK). Estimation parameters, including nugget, sill and range values, were derived from the variogram models. Search ellipses were oriented to align with the interpreted strike and dip of each mineralised domain, with search distances guided by the corresponding variogram ranges. Variogram models were developed in normal score space and subsequently reconciled to the original grade distribution to honour the variance characteristics of the raw data. Bulk Density Bulk density values ranging from 2.5 t/m³ to 3.0 t/m³ were assigned within the block model according to weathering profile. Density estimates were derived from measurements collected from diamond core drilled oreresources.com.au 13 by the Company in March 2026. Break down of the resource at Forrest and Canyon by rock oxidation is provided below in tables 4 and 5. Cut-off Grade and Optimisation The reported Mineral Resources are constrained within an optimised pit shell generated using a gold price of A$7,000/oz, metallurgical recovery of 95%, and pit wall angles ranging from 40° to 50°. Reported resources are stated on an undiluted basis. A reporting cut-off grade of 0.5 g/t Au was selected as an appropriate threshold based on optimisation outcomes and the continuity of the mineralised domains. Grade-tonnage curves for the Forrest and Canyon deposits are presented in Figures 6 and 7. Table 4: Forrest October 2026 Mineral Resource Estimate (0.5g/t Au Cut-off, Above AUD$7,000 Shell) Indicated Inferred Total Type Tonnage Au Au Tonnage Au Au Tonnage Au Au kt g/t Ounces kt g/t Ounces kt g/t Ounces Oxide 150 2.1 9,670 490 1.3 19,780 630 1.5 29,500 Transitional 210 1.9 13,100 370 1.5 17,600 590 1.6 30,600 Fresh 590 1.6 30,600 890 2.0 56,700 1,480 1.8 87,300 Total 940 1.8 53,400 1,750 1.7 94,000 2,690 1.7 147,400 Table notes as above. Table 5: Canyon October 2026 Mineral Resource Estimate (0.5g/t Au Cut-off, Above AUD$7,000 Shell) Inferred Type Tonnage Au Au kt g/t Ounces Oxide 40 1.6 1,990 Transitional 50 1.7 2,500 Fresh 20 1.7 1,300 Total 110 1.7 5,800 Table notes as above. oreresources.com.au 14 Figure 6: Forrest – Grade Tonnage Curve (above A$7,000 shell) Figure 7: Canyon – Grade Tonnage Curve (above A$7,000 shell) Bench tonnages at Forrest highlight the depths and average grade of the mineral resource limited by available drilling. 0.0 2.4 4.8 7.2 9.6 12.0 0 600 1,200 1,800 2,400 3,000 0.05 0.10 0.15 0.20 0.25 0.30 0.35 0.40 0.45 0.50 0.60 0.70 0.80 0.90 1.00 1.10 1.20 1.30 1.40 1.50 1.60 1.70 1.80 1.90 2.00 2.50 3.00 3.50 4.00 4.50 5.00 6.00 7.00 8.00 9.00 10.00 11.00 Grade Au (g/t) Tonnage (kt) Cut-off Grade Au (g/t) Forrest Deposit - Grade Tonnage Curve (Above AUD7,000 Shell) Tonnes Au g/t oreresources.com.au 15 Figure 8: Forrest – MRE Tonnage and Grade per 10m bench Exploration Target The potential quantity and grade of the Exploration Target are conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource, and it is uncertain whether further exploration will result in the estimation of a Mineral Resource. The Exploration Target has been prepared and reported in accordance with the 2012 JORC Code. The Exploration Target is supported by exploration data collected to date, including drilling, geological mapping and geophysical datasets. Grade ranges have been derived from drilling results, while tonnage ranges have been estimated from extrapolated mineralisation wireframes constrained by available geological and drilling information. The Exploration Target incorporates the Company's most advanced gold prospects within the Miriam Gold Project, including strike and depth extensions at Forrest, extensions to the Canyon deposit, Jungle, Devils Playground, Burbanks Monarch prospects, together with the separate Avoca Gold Project. At Forrest, the exploration target incorporates depth extensions to 400m below surface, this supported by the current deep drilling which has intercepted mineralisation below the MRE highlighting that the gold lodes remain open at depth6 . Strike extensions are supported by recently completed air core drilling which continued to intercept mineralisation up to 250m south along strike from the Forrest MRE7 . Grade and density values At Miriam regional targets, Canyon, Jungle, Devils Playground8 and Burbanks Monarch, air core results highlighted numerous high-priority targets where gold mineralisation has the potential to continue at depth and along strike. Estimated gold grades are within the ranges of key intercepts reported from drilling at these targets and estimated tonnages are based on density data collected from Forrest and target strike lengths. 6 R f r SX a c m “Diamond Drilling Confirms Significant Depth and Strike Extensions at Forrest” da d 11 June 2026 7 Refer to ASX announcement “Regional Drilling Unlocks New Gold Prospects at Miriam and Burbanks East” da d 11 August 2026 8 R f r SX a c m “Consolidation of Miriam Gold Tenure Completed and Cleansing Statement” da d 02 September 2026 r m c oreresources.com.au 16 At Avoca, a comprehensive data review of historic exploration and validation of historic results, along with completed surface geochemical and geophysical targeting