Coolgardie Gold Projects

Ore’s Coolgardie Gold Projects are located in a region of the Coolgardie Greenstone Belt overlying a suite of mafic and ultramafic units along with felsic intrusives. While modern exploration remains relatively limited within the project areas, multiple historical gold occurrences have been recorded which suggest significant exploration potential waiting to be unlocked. Ore Resources is currently focused on the rapid exploration and development of emerging gold opportunities at its Miriam Gold Project.

Miriam

The Miriam Gold Project covers a highly prospective region of the Coolgardie Greenstone Belt. The project is characterised by favourable host geology and strategically located close to multiple nearby gold deposits, including Horizon Minerals’ Burbanks (466 koz @ 2.4 g/t Au), Beacon Minerals’ McPhersons Reward (132 koz @ 1.2 g/t Au) and Focus Minerals’ Coolgardie Operations (2.7 Moz @ 1.8 g/t Au).

Ore Resources has achieved a substantial breadth of exploration success at Miriam through its Phase 1 and Phase 2 Reverse Circulation (RC) drilling programmes, which targeted the Forrest and Canyon prospects.

Forrest prospect

Drilling at Forrest has focused on extending gold mineralisation identified through historical drilling conducted in the 1990s, where multiple flat-lying lodes of gold mineralisation were uncovered within regolith.

Through initial RC drilling at Forrest, Ore Resources has rapidly uncovered multiple shallow oxide and fresh rock gold lodes that remain open in most directions.

Results from the Phase 2 drilling programme in particular have significantly increased the scale potential of the Forrest gold system, which was previously perceived to be limited to predominantly an oxide system. The new fresh rock intercepts at Forrest reflect a larger-scale, dynamic gold system with multiple lodes of potentially significant strike length. Standout drill intercepts to date include:

• 12m @ 12.18 g/t Au from 48m (FGRC027)
• 25m @ 3.28 g/t Au from 119m (FGRC024)
• 33m @ 2.80 g/t Au from 35m (FGRC004),
  including 12m @ 4.39 g/t Au from 33m

Canyon prospect and the Miriam Shear

Phase 1 drilling successfully located a significant gold bearing shear zone (now referred to as the Miriam Shear), which is open to the east, north, and at depth.

This broader shear extends for 6.2 km through the centre of Miriam and is strongly coincident with Forrest and other regional targets (where limited drilling has been undertaken to date).

Drilling at Canyon has intercepted strong gold anomalism identified within regolith. Key intercepts include:

• 18m @ 0.92 g/t Au from 28m (CYRC001)
  including 3m @ 3.28 g/t Au from 43m.
• 8m @ 0.72 g/t Au from 33m (CYRC007),
  including 3m @ 1.75 g/t Au from 33m
• 4m @ 1.46 g/t Au from 59m (CYRC004)

Regional prospects

The broader Miriam tenure possesses several underexplored regional prospects which are currently being advanced to drill-ready status. The Burbanks Monarch, Goroke, Blue Bell and Grand Junction West prospects are situated in the northern section of Miriam while the Jungle prospect sits strategically between the Forrest and Canyon prospects.

With all heritage surveys in place, these prospects await surface geochemical sampling, geophysical surveys and upcoming drill testing during our 2026 programmes. The systematic testing of these regional targets will assist in confirming the Miriam shear as a conduit for gold and enhance Miriam’s broader prospective gold footprint.

Key historical intercepts across these regional prospects include:

• 4m @ 3.77g/t Au from 94m (Jungle)
• 5m @ 2.3 g/t Au from surface (Goroke)
• 12m @ 1.04 g/t Au from 15m (Goroke)
• 5m @ 1.94 g/t Au from 25m (Burbanks Monarch)
• 10m @ 0.90 g/t Au from 30m (Burbanks Monarch)
• 10m @ 0.62g/t from 30m (Jungle)

Burbanks East

The Burbanks East Project consists of a 10km² landholding located directly east (~2 km) of the Burbanks Mine (current resource 466koz @ 2.4 g/t Au) owned by Horizon Minerals (ASX: HRZ), located approximately 2.5 km from Miriam and 7 km from Kangaroo Hills.

Seven (7) broad prospective gold targets were identified through a detailed review of magnetic geophysics. Several of these targets exhibit strong coincidence with six (6) gold anomalies that have been previously identified through historical drilling and surface geochemistry.

Most of the anomalous surficial gold targets have no basement fresh rock drill testing, including a 2.7km striking target that sits along strike from Beacon Minerals’ MacPhersons Reward. While characterised by limited historical drilling, this target is currently interpreted to extend both to the north and south.

Additional ground truthing and mapping will set the stage to advance prospective gold targets at Burbanks East to drill-ready status, while grant of the tenure applications continues to progress.

Kal North

The Kal North project consists of one exploration lease application totalling an area of 27.9 km², located approximately 45 km northeast of Kalgoorlie.

Four (4) key target areas have been identified through a review of available magnetic data, showing significant local-scale faulting and demagnetisation which are coincident to surficial gold anomalism. Follow-up exploration is required to further assess the gold potential at Kal North.

Nepean South

An exploration lease application, E15/2109, was submitted for a large 43 km² area located approximately 6 km south of Kangaroo Hills. The lease area covers a 3.5 km southern displacement of the Nepean greenstone unit, with limited gold exploration completed to date.

A 3.3 km extension of the greenstone unit, which lacks historic public domain geochemical or drill hole data, will be an initial area of interest as further evaluation is conducted.