Announcement PDF Rule 5.5 ASX Listing Rules Appendix 5B (17/07/20) Page 1 + See chapter 19 of the ASX Listing Rules for defined terms. General Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report Name of entity Aureka Limited ABN Quarter ended (“current quarter”) 66 125 140 105 30 September 2026 Consolidated statement of cash flows Current quarter $A’000 Year to date (3 months) $A’000 1. Cash flows from operating activities - - 1.1 Receipts from customers 1.2 Payments for (972) (972) (a) exploration & evaluation (b) development - - (c) production - - (d) staff costs (273) (273) (e) administration and corporate costs (660) (660) 1.3 Dividends received (see note 3) - - 1.4 Interest received 17 17 1.5 Interest and other costs of finance paid - - 1.6 Income taxes paid - - 1.7 Government grants and tax incentives - - 1.8 Other (provide details if material) 9 9 1.9 Net cash from / (used in) operating activities (1,879) (1,879) 2. Cash flows from investing activities - - 2.1 Payments to acquire or for: (a) entities (b) tenements - - (c) property, plant and equipment (39) (39) (d) exploration & evaluation - - (e) investments (10) (10) (f) other non-current assets - - Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report ASX Listing Rules Appendix 5B (17/07/20) Page 2 + See chapter 19 of the ASX Listing Rules for defined terms. General Consolidated statement of cash flows Current quarter $A’000 Year to date (3 months) $A’000 2.2 Proceeds from the disposal of: - - (a) entities (b) tenements - - (c) property, plant and equipment - - (d) investments 10 10 (e) other non-current assets - - 2.3 Cash flows from loans to other entities - - 2.4 Dividends received (see note 3) - - 2.5 Other (deposit for property acquisition) (11) (11) 2.6 Net cash from / (used in) investing activities (50) (50) 3. Cash flows from financing activities 5,972 5,972 3.1 Proceeds from issues of equity securities (excluding convertible debt securities) 3.2 Proceeds from issue of convertible debt securities - - 3.3 Proceeds from exercise of options - - 3.4 Transaction costs related to issues of equity securities or convertible debt securities (26) (26) 3.5 Proceeds from borrowings - - 3.6 Repayment of borrowings - - 3.7 Transaction costs related to loans and borrowings - - 3.8 Dividends paid - - 3.9 Other (funds received in advance from investors) 675 675 3.10 Net cash from / (used in) financing activities 6,621 6,621 4. Net increase / (decrease) in cash and cash equivalents for the period 4.1 Cash and cash equivalents at beginning of period 2,301 2,301 4.2 Net cash from / (used in) operating activities (item 1.9 above) (1,879) (1,879) 4.3 Net cash from / (used in) investing activities (item 2.6 above) (50) (50) 4.4 Net cash from / (used in) financing activities (item 3.10 above) 6,621 6,621 Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report ASX Listing Rules Appendix 5B (17/07/20) Page 3 + See chapter 19 of the ASX Listing Rules for defined terms. General Consolidated statement of cash flows Current quarter $A’000 Year to date (3 months) $A’000 4.5 Effect of movement in exchange rates on cash held - - 4.6 Cash and cash equivalents at end of period 6,993 6,993 5. Reconciliation of cash and cash equivalents at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts Current quarter $A’000 Previous quarter $A’000 5.1 Bank balances 6,993 2,301 5.2 Call deposits - - 5.3 Bank overdrafts - - 5.4 Other (provide details) - - 5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above) 6,993 2,301 6. Payments to related parties of the entity and their associates Current quarter $A'000 6.1 Aggregate amount of payments to related parties and their associates included in item 1 148 6.2 Aggregate amount of payments to related parties and their associates included in item 2 - Note: if any amounts are shown in items 6.1 or 6.2, your quarterly activity report must include a description of, and an explanation for, such payments. Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report ASX Listing Rules Appendix 5B (17/07/20) Page 4 + See chapter 19 of the ASX Listing Rules for defined terms. General 7. Financing facilities Note: the term “facility’ includes all forms of financing arrangements available to the entity. Add notes as necessary for an understanding of the sources of finance available to the entity. Total facility amount at quarter end $A’000 Amount drawn at quarter end $A’000 7.1 Loan facilities - - 7.2 Credit standby arrangements - - 7.3 Other (please specify) - - 7.4 Total financing facilities - - 7.5 Unused financing facilities available at quarter end - 7.6 Include in the box below a description of each facility above, including the lender, interest rate, maturity date and whether it is secured or unsecured. If any additional financing facilities have been entered into or are proposed to be entered into after quarter end, include a note providing details of those facilities as well. N/A 8. Estimated cash available for future operating activities $A’000 8.1 Net cash from / (used in) operating activities (item 1.9) (1,879) 8.2 (Payments for exploration & evaluation classified as investing activities) (item 2.1(d)) - 8.3 Total relevant outgoings (item 8.1 + item 8.2) (1,879) 8.4 Cash and cash equivalents at quarter end (item 4.6) 6,993 8.5 Unused finance facilities available at quarter end (item 7.5) - 8.6 Total available funding (item 8.4 + item 8.5) 6,993 8.7 Estimated quarters of funding available (item 8.6 divided by item 8.3) 3.72 Note: if the entity has reported positive relevant outgoings (ie a net cash inflow) in item 8.3, answer item 8.7 as “N/A”. Otherwise, a figure for the estimated quarters of funding available must be included in item 8.7. 8.8 If item 8.7 is less than 2 quarters, please provide answers to the following questions: 8.8.1 Does the entity expect that it will continue to have the current level of net operating cash flows for the time being and, if not, why not? Answer: N/A 8.8.2 Has the entity taken any steps, or does it propose to take any steps, to raise further cash to fund its operations and, if so, what are those steps and how likely does it believe that they will be successful? Answer: N/A Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report ASX Listing Rules Appendix 5B (17/07/20) Page 5 + See chapter 19 of the ASX Listing Rules for defined terms. General 8.8.3 Does the entity expect to be able to continue its operations and to meet its business objectives and, if so, on what basis? Answer: N/A Note: where item 8.7 is less than 2 quarters, all of questions 8.8.1, 8.8.2 and 8.8.3 above must be answered. Compliance statement 1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A. 2 This statement gives a true and fair view of the matters disclosed. Date: ....19 October 2026......................................................... Authorised by: ......Board of Directors..................................................... (Name of body or officer authorising release – see note 4) Notes 1. This quarterly cash flow report and the accompanying activity report provide a basis for informing the market about the entity’s activities for the past quarter, how they have been financed and the effect this has had on its cash position. An entity that wishes to disclose additional information over and above the minimum required under the Listing Rules is encouraged to do so. 2. If this quarterly cash flow report has been prepared in accordance with Australian Accounting Standards, the definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report. If this quarterly cash flow report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standards apply to this report. 3. Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity. 4. If this report has been authorised for release to the market by your board of directors, you can insert here: “By the board”. If it has been authorised for release to the market by a committee of your board of directors, you can insert here: “By the [name of board committee – eg Audit and Risk Committee]”. If it has been authorised for release to the market by a disclosure committee, you can insert here: “By the Disclosure Committee”. 5. If this report has been authorised for release to the market by your board of directors and you wish to hold yourself out as complying with recommendation 4.2 of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations, the board should have received a declaration from its CEO and CFO that, in their opinion, the financial records of the entity have been properly maintained, that this report complies with the appropriate accounting standards and gives a true and fair view of the cash flows of the entity, and that their opinion has been formed on the basis of a sound system of risk management and internal control which is operating effectively. Aureka Limited | ACN 125 140 105 Level 30, 35 Collins St, Melbourne VIC 3000 www.aureka.com.au 20 October 2026 ASX Market Release Q1 FY27 Quarterly Activities Report Aureka Limited (ASX:AKA) (the Company or Aureka) is pleased to report on its activities for the quarter ended 30 September 2026 (the Quarter), which was the most significant quarter for Aureka ever having positioned to seamlessly transition from explorer to producer. The Quarter was transformational, headlined by a binding Agreement to acquire 100% shareholding of High Grade Holdings Pty Ltd (HGH), owner of the operating Fiddlers Creek underground gold and silver mine and the Wedderburn gold processing mill near St Arnaud, Victoria (the Acquisition)1 . Subject to shareholder approval, the Acquisition will make Aureka, Victoria’s newest ASX-listed gold producer. At the same time, the September quarter saw continued exploration and portfolio success delivering outstanding exploration results across Irvine and Comstock projects during the Quarter. Managing Director, James Gurry, said: “This quarter was transformational for Aureka as we set ourselves up to seamlessly transition from explorer to producer with our own mill and operating mine through a highly compelling majority scrip-based transaction with HGH. We thank our shareholders for their overwhelming support for the transaction through the Placement and Share Purchase Plan, and we look forward to welcoming our new HGH shareholders to the register when the transaction settles in coming weeks. Operationally we also remained focused on rapidly advancing our portfolio to the next stage with breakthrough exploration results expanding the Irvine Project in multiple directions with extensions at depth, in the gap between the two lodes and within the defined exploration target areas – these results validate the model the geology team compiled and revealed with the update to the JORC Resource to 455koz in June10 . Our work solidifies Irvine as one of Victoria’s most significant undeveloped gold projects. CORPORATE HIGHLIGHTS • Aureka transitions to producer status and mill owner. Entered into a binding Agreement to acquire 100% of HGH, owner of the operating Fiddlers Creek gold-silver mine and the Wedderburn gold processing mill, for base consideration of $8.9 million ($2.5 million cash and $6.4 million in Aureka shares), plus up to $2.0 million in contingent performance payments – positioning Aureka as Victoria’s newest ASX-listed gold producer.1 • Highly successful capital support. Raised total commitments of $7.25 million via a two-tranche placement ($5.65 million) and a Share Purchase Plan that exceeded target ($1.6 million), both priced at $0.12 per share, to fund the Acquisition and ongoing exploration2 . • COO appointment. Zane Smith commenced as Chief Operating Officer (COO) on 17 August 2026, to lead the Comstock Gold and Silver Project and the broader portfolio toward production and assume responsibility for Fiddlers and Wedderburn once that transaction closes6 . • General Meeting convened to approve the Acquisition related resolutions is scheduled for 23 October 2026, with transaction completion targeted shortly thereafter. • Cash at end of the quarter was $7.0m. ASX Announcement | 20 October 2026 Page 2 EXPLORATION AND DEVELOPMENT HIGHLIGHTS • St Arnaud Comstock Gold & Silver Project delivers high grade visible results. Comstock Shear and Walkers Zone diamond drilling on the St Arnaud Comstock Gold & Silver Project returned high-grade intercepts, including 4.4m at 8.9 g/t Au and 57.8 g/t Ag (including 0.3m at 65.3 g/t Au) at Comstock Shear, and multiple visible-gold intercepts across the Walkers Zone.3,4 • Irvine Gold Project expands in multiple directions including in “the gap”. Diamond drilling at the Irvine Gold Project intersected a newly identified mineralised structure below the Resolution Lode (RD058: 3.92m at 4.74 g/t Au from 238.82m) and high-grade results at RD054 (up to 9.44 g/t Au at 155.1m), together with first-time mineralisation at depth on the western flank of the Irvine Basalt within the under-drilled 2km gap between the Resolution and Adventure lodes that together comprise the Irvine Gold Project5 • First ever production licence submitted. Comstock production licence application submitted, after Walkers Pit at Comstock selected as the preferred initial low capex pathway to nearer-term, high-grade, low-tonnage production • Drilling on acquisition assets. On 30 September 2026, diamond drilling commenced at Fiddlers Creek – the first surface drilling since May 2025 – targeting historical high-grade results of up to 786.1g/t Au and 1600 g/t Ag, as the first phase of a committed minimum 1,800m, three-year drilling program7 ASX Announcement | 20 October 2026 Page 3 AUREKA: AN INTEGRATED VICTORIAN GOLD PRODUCER Aureka is an integrated Victorian gold company encompassing current production and milling, near term development and large-scale growth projects, as well as regional exploration potential. Aureka’s Inferred JORC Mineral Resources total approximately 455koz @ 2.27g/t Au10 . The flagship Irvine Project has a JORC Inferred Mineral Resource of 398koz,10 and is located 16km from the operating Stawell Gold Mine that has a production history of over 5Moz11 . The Fiddlers Creek Underground Gold and Silver mine re-started production during 2025 as a high-grade smaller-scale operation with near mine and regional growth potential within the surrounding tenement package. To the north lies the St Arnaud Comstock Gold and Silver Project with a JORC Inferred Mineral Resource of 56koz grading 1.21g/t gold12 in a pit previously mined until 1995 and with a production licence in application. The project lies within lies within the greater St Arnaud gold fields that historically produced 400koz at an estimated 15g/t Au13 , the vast majority from the Lord Nelson Underground Mine located 2km from and on the same line of reef as Comstock. The Wedderburn Gold Processing Mill is one of a limited number of gold mills in Victoria, currently processes ore from Fiddlers Creek and has stated spare capacity. Aureka’s tenement package also includes the Jubilee Gold Exploration Project near Ballarat, Morning Bill Gold and Base Metals Project on the Stavely Volcanics (Stawell Corridor), and critical minerals potential in the greater St Arnaud area. Figure 1: Plan view of Victoria including Aureka’s key projects with respect to the major nearby towns, cities and projects ASX Announcement | 20 October 2026 Page 4 Figure 2: Map showing Aureka and HGH (HGH) / Core Prospecting assets to be combined under the agreed acquisition. The map shows the Percydale Exploration tenure surrounding the operating underground Fiddlers Creek Gold & Silver mine, where Aureka recently commenced near-mine exploration. Source: ASX Announcement, 7 September 2026, “Victorian Mine and Mill Acquisition”. ASX Announcement | 20 October 2026 Page 5 QUARTERLY ACTIVITIES REPORT Victorian Mine and Mill Acquisition On 7 September 2026, Aureka announced a binding Agreement to acquire 100% shareholding of HGH, which owns Core Prospecting Pty Ltd (mine operations) and Vanning Resources Pty Ltd (mill operations)1 . The acquired business comprises the operating Fiddlers Creek underground gold-silver mine, the Wedderburn gold processing mill (approximately 42,000 tonnes per annum underutilised stated capacity) and approximately 39km² of surrounding exploration ground at Percydale, Victoria (together, the Acquisition). Base consideration for the Acquisition is $8.9 million, comprising $2.5 million cash and $6.4 million in Aureka shares (53,333,333 shares at $0.12 each), together with reimbursement of qualifying rehabilitation bonds of up to $0.5 million. Up to a further $2.0 million in contingent performance payments may become payable over three years, tied to Wedderburn gold production milestones (900oz within 12 months, 2,500oz within 24 months and 4,000oz within 36 months) and to a JORC resource/licensing milestone at Fiddlers Creek. Completion remains subject to conditions precedent, including Aureka shareholder approval for consideration shares, confirmatory due diligence and no material adverse change, and is targeted following completion of the General Meeting to be held on 23 October 2026. Operational Performance of Acquired Assets in FY26 Production at the Fiddlers Creek mine and Wedderburn Mill commenced in July 2025. During due diligence HGH’s unaudited management accounts and bank records, indicate positive monthly free cash flow since Q2 2026, ~9 months after first production. During the ramp-up phase in FY26 (12 months to 30 June 2026), the production information below was provided by HGH and reviewed by Aureka against available transaction records, mill receipts and offtake customer payments: • Average head grade mined and milled 7g/t, • Total gold recovered in 12 months: 416oz, 13 kg, • Average recoveries (commissioning): 86%, highest 91%, • Average monthly concentrate gold grade: ~70 g/t, • Floatation circuit commissioned: February 2026, • Under the existing offtake arrangements, payabilities have typically exceeded 90% for gold and silver, depending on metal grades in concentrate and other applicable offtake specifications. The information above is historical operating data for the FY26 ramp-up period. It is unaudited, is not a production target, forecast or guidance by Aureka, and should not be relied on as an indication of future production or financial performance. Aureka will report relevant production and operational metrics post transaction closure. ASX Announcement | 20 October 2026 Page 6 Capital Raising To fund the Acquisition and ongoing production, development and exploration, Aureka secured total commitments of $7.25 million via a two-tranche placement of $5.65 million (47,084,593 shares) and a Share Purchase Plan (SPP) which closed oversubscribed, raising $1.6 million against a $1.5 million target2 (13,301,622 shares). The Company sincerely thanks its shareholders for their support. Both the placement and the SPP were priced at $0.12 per share – the same as the Acquisition consideration shares. The second tranche of the placement remains subject to shareholder approval at the General Meeting to be held on 23 October 2026. Announcing the results of the SPP on 29 September 2026, Managing Director James Gurry said: “To seamlessly transition from explorer to producer with a large platform of growth ahead of us with such strong support of our investors is a vote of confidence in the value creation strategy we have outlined. We look forward to continuing to deliver for the benefit of all our shareholders and local stakeholders2 .” Exploration – St Arnaud (Comstock and Walkers) High-grade diamond drilling intercepts were returned from both the Comstock Shear and the Walkers Zone at the St Arnaud Gold Project during the Quarter. Drill hole NED032 returned 4.4m at 8.9 g/t Au and 57.8 g/t Ag from 102.8m, including 0.3m at 65.3 g/t Au, approximately 48m below the southern part of the historic Comstock pit – an area of very limited historical drilling that falls within the Company’s recently lodged production licence application3 . At the Walkers Zone, results from NED035 returned 2.65m at 5.78 g/t Au from 20.5m (including 0.35m at 34.2 g/t Au from 21.5m) and NED033 returned 1.9m at 5.63 g/t Au from 56.5m (including 0.9m at 11.1 g/t Au from 56.5m), consistent with historical 1980s–1990s drilling and supporting a future JORC resource review of the current Comstock inferred resource of 56koz gold (1.45Mt at 1.21 g/t Au)4 . Figure 3: St Arnaud Comstock – Walkers Shear: visible gold (NED035, 21.7m down hole). Source: ASX Announcement, 25 August 2026, “High Grade Gold Intercepts on Both Comstock and Walkers”. ASX Announcement | 20 October 2026 Page 7 Figure 4: St Arnaud Comstock – Plan view of the Comstock pit with location of the mineral intercepts. Source: ASX Announcement, 25 August 2026, “High Grade Gold Intercepts on Both Comstock and Walkers”. ASX Announcement | 20 October 2026 Page 8 Figure 5: St Arnaud Comstock – Long section with significant mineral intercepts. Source: ASX Announcement, 25 August 2026, “High Grade Gold Intercepts on Both Comstock and Walkers”. Figure 6: St Arnaud Walkers – Long section with significant mineral intercepts. Source: ASX Announcement, 25 August 2026, “High Grade Gold Intercepts on Both Comstock and Walkers”. ASX Announcement | 20 October 2026 Page 9 Exploration – Irvine Gold Project During the Quarter, diamond drilling at the Irvine Gold Project returned further high-grade results proximal to the Resolution Lode. Drill hole RD058 intersected 3.92m at 4.74 g/t Au from 238.82m (including 0.72m at 9.18 g/t Au from 238.82m and 0.5m at 16.1 g/t Au from 241.64m), within the Advanced Exploration Target reported with the 18 June 2026 Mineral Resource update and is associated with a possible newly identified mineralised structure immediately below and west of the northern Resolution Lode. Drill hole RD054, targeting the Advanced Exploration Target up-dip and south of the Resolution Lode, intersected a Tenacity-styled hanging wall structure at 155.1m returning assay values of up to 9.44 g/t Au, with the hole terminating in mineralisation due to increased structural complexity. Drilling also delivered first-time significant mineralisation within the historically under-drilled 2km gap separating the Resolution and Adventure lodes, along strike of the historic Eaglehawk mine, with assays including 0.9m at 3.84 g/t Au from 145.9m (EH002), 2.25m at 1.34 g/t Au from 90.7m (EH004) and 1.0m at 3.98 g/t Au from 258m (EH001)5 These results reaffirm the Advanced Exploration Targets as highly prospective for further JORC Resource growth to the north and south of the Resolution Lode, supporting Aureka’s strategy to grow the Irvine Gold Project beyond 1Moz of gold resources. Figure 7: Eaglehawk cross-section with high-grade gold mineralisation intercepts associated with reef extensions below and along strike of the legacy Eaglehawk mine. Source: ASX Announcement, 15 September 2026, “Multiple New Structures at Irvine”. ASX Announcement | 20 October 2026 Page 10 Figure 8: Targeted drill testing within the under-explored 2km gap between the Resolution and Adventure lodes – Irvine long section with current drilling and intercepts outside the current JORC Resource. Source: ASX Announcement, 15 September 2026, “Multiple New Structures at Irvine”. ASX Announcement | 20 October 2026 Page 11 Figure 9: Plan view of updated geology at Irvine overlain with Exploration Targets. Source: ASX Announcement 15 September 2026, “Multiple New Structures at Irvine”. Fiddlers Creek – Drilling Commences On 30 September 2026, Aureka commenced diamond drilling at Fiddlers Creek – the first surface drilling at the project since May 2025 – as the opening phase of a committed minimum 1,800m drilling program over three years following completion of the Acquisition7 . The initial campaign targets a minimum of 400m and is designed to run concurrently with ongoing mine production. Legacy high-grade assays reported to ASX for the first time include 1.19m at 40.48 g/t Au (FKH08), 1.57m at 31.09 g/t Au (FDDH008) and 1.87m at 21.21 g/t Au (FDDH012); true widths of these historical intercepts are yet to be confirmed. ASX Announcement | 20 October 2026 Page 12 Figure 10: Long Section view of Fiddlers Creek Project with legacy drill intercepts Source: ASX Announcement, 30 September 2026, “Drilling Commences at Fiddlers Creek” ASX Announcement | 20 October 2026 Page 13 Figure 11: Plan view of Fiddlers Creek Licence Boundaries and historical prospects. Production occurs within Fiddlers Creek – while the surrounding exploration tenure features multiple historic reefs and mines with prospectivity. ASX Announcement | 20 October 2026 Page 14 Corporate Zane Smith commenced as COO on 17 August 2026, bringing operational and engineering experience from the 2019 restart of the Stawell Gold Mine and major Victorian infrastructure projects, to lead the Comstock Gold and Silver Project and the Company’s production portfolio6 . During the Quarter, Aureka also entered into a toll milling agreement for the Wedderburn mill with Core Prospecting, an arrangement since superseded by the Acquisition of the mill outright8 . The Company separately announced its 2026 Annual General Meeting together with the closing date for director nominations9 , to be held on 30 November 2026. Financial Expenditure During the Period The Company’s major cash flow movements for the Quarter included: - Exploration and evaluation costs ($972k) - Employee, administration and corporate costs ($933k) - Net cash inflow from financing activities (Placement and oversubscribed Share Purchase Plan) $6.6 million - Cash and cash equivalents (unaudited) of $7.0 million as at 30 September 2026 Payments to Related Parties and their Associates In the September 2026 quarter $148k was paid to related parties and their associates in respect of salaries and fees (including superannuation) paid to non-executive directors and the managing director. Future Outlook Focus for the coming quarter will be to officially close the transaction with HGH following shareholder acceptance on 23 October 2026 and integrate the operations within the Aureka portfolio. Initial focus is expected on production optimisation and growth at Fiddlers Creek, including the ongoing near mine exploration program. Drilling at the flagship Irvine Project exploring potential extension to the 398koz10 inferred JORC resources shall also continue during Q2 FY27 following the successful extensions and intercepts reported this Quarter. As Comstock readies for potential future development, continued stakeholder and regulatory engagement is expected. Important Information The information in this announcement relating to Exploration Results, Mineral Resources and Exploration Targets has been previously reported by Aureka Limited in the ASX announcements referenced in the footnotes to this announcement. The Company confirms that it is not aware of any new information or data that materially affects the information included in those announcements and that all material assumptions and technical parameters underpinning the estimates continue to apply and have not significantly changed. The Company confirms that the form and context in which the relevant Competent Persons' findings are presented have not been materially modified from the original market announcements. ASX Announcement | 20 October 2026 Page 15 Forward-Looking Statements This announcement contains forward-looking statements, including statements regarding the proposed acquisition, exploration activities, development plans and future performance. Forward-looking statements are based on current expectations and assumptions and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied in such statements. Exploration Targets referred to in this announcement 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. Competent Person's Statement The information in this announcement that relates to Exploration Results, geology, mineralisation and exploration potential for the Irvine and Comstock Projects and the Fiddlers Creek Mine and Percydale exploration ground, including historical production and workings information provided by HGH, is based on and fairly represents information compiled or reviewed by Jozef Story Member of the Australian Institute of Geoscientists (MAIG) (#10079), a full-time employee of Aureka Limited. Jozef has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activities 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 (JORC Code). Jozef consents to the inclusion in this announcement of the matters based on his information in the form and context in which they appear. Previously Reported Mineral Resources The information in this announcement relating to the Mineral Resources of the I