Drilling Imminent at Lantana and Playa Kali

· Drill permits received for the Playa Kali and Lantana Copper-Gold Projects, located along strike from the Cangallo Porphyry Copper discovery in Peru.

· Maiden Reverse Circulation (RC) drilling (two +4,000m programs) planned across both prospects to test IOCG (manto) targets at Playa Kali and a large-scale, high-grade porphyry copper target at Lantana.

· Access preparations are in progress, with drilling planned to commence during Q2 CY2026 (Figures 4 and 5).

· Drilling expected to take ~8 weeks to complete with final assays available ~4 weeks following the completion of each program.

· Drilling at the Cangallo Porphyry Copper discovery is progressing well with first assays from the RC program due in ~4 weeks. Drilling is designed to extend the laterally extensive large-scale copper–gold mineralisation and help locate higher-grade hypogene copper beneath the oxide resource.