RE: Cannindah results6 May 2026 14:44
EXTENSIONAL DRILLNG AT HIGH-GRADE
SOUTHERN SHOOT HITS 44m @ 2.78% CuEq1
Confirms Major Growth Zone at Cannindah Breccia MRE2
Key Highlights:
• Ongoing RC drilling expands and extends the high-grade Southern Shoot, delivering:
▪ 44m @ 2.78% CuEq (2.30g/t Au and 0.69% Cu) from 214m (26CRC016), within:
➢ 103m @ 1.40% CuEq (1.08g/t Au and 0.40% Cu) from 214m to EOH
▪ 26m @ 1.54% CuEq (1.40g/t Au and 0.33% Cu) from 260m (26CRC015), within:
➢ 138m @ 0.64% CuEq (0.53g/t Au, 0.17% Cu) from 180m
• This supports previously released extensional drill results from the Southern Shoot
including:
▪ 54m @ 1.61% CuEq (0.95g/t Au and 0.69% Cu) from 204m (26CRC0113), within:
➢ 94m @ 1.11% CuEq (0.67g/t Au and 0.47% Cu) from 178m
▪ 22m @ 2.63% CuEq (1.80g/t Au and 0.99% Cu) from 32m (25CRC0014), within:
➢ 52m @ 1.18% CuEq (0.79g/t Au and 0.45% Cu) from 4m
▪ 60m @ 1.94% CuEq (0.59g/t Au and 1.26% Cu) from 48m (25CRC0025), within:
➢ 120m @ 1.16% CuEq (0.37g/t Au and 0.73% Cu) from 30m
• Southern Shoot now defined over >100m strike and >200m vertical extent - mineralised
widths often exceed 100m and mineralisation remains open to the south.
• Grades and widths of the Southern Shoot exceed those in the current Mineral Resource
(MRE), delivering a key growth driver for the definition of additional mineral resources.
• Confirmation of two distinct high-grade ore shoots within the Cannindah Breccia MRE -
the Northern Shoot (captured in the existing resource) and the Southern Shoot.
• Broad low-grade mineralised halos observed in the upper zones of several holes above
the Southern Shoot are consistent with the peripheral expression of ore shoots.
• Recently identified southern extension targets6 up to 550m to the south of the southern