Announcement PDF 2026 ANNUAL REPORT ACN 645 666 164 KalgoorlieGoldMiningLimited Suite 2, 1209 Hay St, West Perth WA 6005, Australia T: +61 (0)8 6002 2700 | E: info@kalgoldmining.com.au | www.kalgoldmining.com.au CORPORATE DIRECTORY Directors Pauline Gately - Non-Executive Chair Matthew Painter - Managing Director Andrew Penkethman - Non-Executive Director Company Secretary Graeme Smith Registered and Principal Office Level 1, 1209 Hay Street West Perth WA 6005 Phone: (08) 6002 2700 Email: info@kalgoldmining.com.au Website: https://www.kalgoldmining.com.au Auditor Dry Kirkness (Audit) Pty Ltd 50 Colin Street West Perth WA 6005 Share Registry Automic Company Level 5, 191 St Georges Terrace Perth WA 6000 Phone (within Australia): 1300 288 664 Phone (outside Australia): +61 2 9698 5414 Australian Securities Exchange ASX Code – KAL CONTENTS DISCLAIMER AND CAUTIONARY STATEMENTS 1 CHAIR LETTER 3 REVIEW OF OPERATIONS 4 DIRECTORS’ REPORT 29 AUDITOR’S INDEPENDENCE DECLARATION 38 CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME 39 CONSOLIDATED STATEMENT OF FINANCIAL POSITION 40 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 41 CONSOLIDATED STATEMENT OF CASH FLOWS 42 NOTES TO THE FINANCIAL STATEMENTS 43 CONSOLIDATED ENTITY DISCLOSURE STATEMENT 63 DIRECTORS’ DECLARATION 64 INDEPENDENT AUDITOR’S REPORT 65 ADDITIONAL ASX INFORMATION 69 TENEMENT REPORT 72 1 CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION This report contains forward-looking statements and forward-looking information within the meaning of applicable Australian securities laws, which are based on expectations, estimates and projections as of the date of this report. This forward-looking information includes, or may be based upon, without limitation, estimates, forecasts and statements as to management’s expectations with respect to, among other things, the timing and amount of funding required to execute the Company’s exploration, development and business plans, capital and exploration expenditures, the effect on the Company of any changes to existing legislation or policy, government regulation of mining operations, the length of time required to obtain permits, certifications and approvals, the success of exploration, development and mining activities, the geology of the Company’s properties, environmental risks, the availability and mobility of labour, the focus of the Company in the future, demand and market outlook for precious metals and the prices thereof, progress in development of mineral properties, the Company’s ability to raise funding privately or on a public market in the future, the Company’s future growth, results of operations, restrictions caused by COVID-19, performance, and business prospects and opportunities. Wherever possible, words such as “anticipate,” “believe,” “expect”, “intend”, “may” and similar expressions have been used to identify such forward-looking information. Forward-looking information is based on the opinions and estimates of management at the date the information is given, and on information available to management at such time. Forward-looking information involves significant risks, uncertainties, assumptions, and other factors that could cause actual results, performance, or achievements to differ materially from the results discussed or implied in the forward-looking information. These factors, including, but not limited to, fluctuations in currency markets, fluctuations in commodity prices, the ability of the Company to access sufficient capital on favourable terms or at all, changes in national and local government legislation, taxation, controls, regulations, political or economic developments in Australia or other countries in which the Company does business or may carry on business in the future, operational or technical difficulties in connection with exploration or development activities, employee relations, the speculative nature of mineral exploration and development, obtaining necessary licenses and permits, diminishing quantities and grades of mineral reserves, contests over title to properties, especially title to undeveloped properties, the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drill results and other geological data, environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins and flooding, limitations of insurance coverage and the possibility of project cost overruns or unanticipated costs and expenses, and should be considered carefully. Many of these uncertainties and contingencies can affect the Company’s actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, the Company. Prospective investors should not place undue reliance on any forward-looking information. Although the forward-looking information contained in this report is based upon what management believes, or believed at the time, to be reasonable assumptions, the Company cannot assure prospective purchasers that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law. No stock exchange, regulation services provider, securities commission or other regulatory authority has approved or disapproved the information contained in this report. COMPETENT PERSON STATEMENT The information in this report that relates to Exploration Results is based on information compiled by Mr Scott Herrmann and Dr Matthew Painter, who are both Competent Persons and are Members of the Australian Institute of Geoscientists. Mr Herrmann is the Exploration Manager of Kalgoorlie Gold Mining Limited (KalGold) and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity 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. Mr Herrmann consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. Mr Herrmann holds securities in Kalgoorlie Gold Mining Limited. Dr Painter is the Managing Director and Chief Executive Officer of Kalgoorlie Gold Mining Limited (KalGold) and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity 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. Dr Painter consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. Dr Painter holds securities in Kalgoorlie Gold Mining Limited. The information in this document that relates to the Mineral Resource Estimate for the La Mascotte deposit is based on work completed by Dr Michael Cunningham of Modelling Matters Pty Ltd. Dr Cunningham is a Member of The Australasian Institute of Mining and Metallurgy (AusIMM), and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration, and to the activity he is undertaking, to qualify as CP in terms of JORC Code, 2012 edition. The information in this document that relates to the Mineral Resource Estimate for the Kirgella Gift and Providence deposits is based on work completed by Mr Kahan Cervoj of MEC Mining Pty Ltd. Mr Cervoj is a Member of The Australasian Institute of Mining and Metallurgy (AusIMM) and the Australian Institute of Geoscientists (AIG), and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration, and to the activity he is undertaking to qualify 2 as a Competent Person as defined in the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Cervoj has reviewed a finalised draft of this document and consents to the inclusion in the report of the matters based on the information in the context in which it appears. REFERENCES TO PREVIOUSLY REPORTED RESULTS The references in this report to Exploration Results were reported in accordance with Listing Rule 5.7 in the announcements: • RC program defines high-grades and new targets at Lighthorse, 2 September 2026 • Infill and extensional RC drilling intersects broad gold mineralisation at Kirgella Gift and Providence, 4 August 2026. • Kirgella Gift diamond drilling intersects thick gold mineralisation, confirms primary gold extends at depth, 13 February 2026 • New RC drilling extends primary gold at Lighthorse, 19 December 2025 • Sub-Audio Magnetics (SAM) geophysical data guides upcoming RC drill program at Pinjin. Diamond Drilling at Kirgella Gift and Providence to commence soon, 26 August 2025 • Lighthorse Strike Extended to 1,450m. Extensive RC Program Beginning Shortly, 15 July 2025 • SAM geophysical survey commencing around Lighthorse, and exploration update, 6 June 2025 • Farm-in at Pinjin Gold Project completed, 29 May 2025 • Quarterly activities report for the quarter ending 31 March 2025, 30 April 2025 • Lighthorse RC program confirms primary gold mineralisation at depth, follow up drilling imminent, 15 April 2025 • Aircore drilling to test Lighthorse strike extensions in April, 10 March 2025 • Multi-kilometre target areas along strike at KalGold’s Lighthorse discovery, 17 February 2025 • Lighthorse gold discovery follow-up RC drilling to commence first week of March, 13 February 2025 • ‘Lighthorse’ gold discovery at Pinjin: thick, high-grade gold intercepted at new greenfields find, 7 February 2025 • First-pass aircore drilling at Kirgella West: broad gold anomalism and mineralisation over 1,200m strike, 18 December 2024 • Quarterly activities report for the quarter ending 30 September 2024, 30 October 2024 • Providence: North plunging shallow gold mineralisation has significant potential, 7 December 2023 • Shallow, high-grade results extend Kirgella Gift and Providence corridor to over 1,150m of strike, 25 October 2023 • Thick, shear-hosted gold mineralisation intercepted at Kirgella Gift, 8 June 2023 • KalGold farms-in to Kirgella gold tenements and acquires Rebecca West tenure at Pinjin, 23 May 2023 The company confirms that it is not aware of any new information or data that materially affects the information included in the previous market announcements noted above. REFERENCES TO PREVIOUSLY REPORTED MINERAL RESOURCE ESTIMATES The references in this announcement to Mineral Resource estimates were reported in accordance with Listing Rule 5.8 in the following announcements: • La Mascotte gold deposit: First JORC (2012) Mineral Resource of 138,000 oz Au, 7 March 2023. • First Kirgella Gift Inferred Resource of 76,400 oz from 3m, 5 July 2024. In accordance with ASX Listing Rule 5.23, the Company confirms that it is not aware of any new information or data that materially affects the information included in the previous market announcements noted above and that all material assumptions and technical parameters underpinning the Mineral Resource estimates in the previous market announcements continue to apply. 3 CHAIR LETTER Dear Shareholders, FY26 was an important year for Kalgoorlie Gold Mining as we continued to build our understanding of the broader potential of the Pinjin Gold Project and advance our Lighthorse discovery. Systematic and disciplined execution of our exploration strategy also enabled us to direct investment towards targets demonstrating the greatest potential, while continuing to build and test our broader pipeline of exploration opportunities. This approach remains central to how we allocate shareholders’ capital and progressively advance our projects. At Lighthorse, drilling significantly advanced our understanding of the scale and geological setting of the mineralised system, with primary gold mineralisation confirmed over more than 1.1 km of strike and remaining open to the north. At Kirgella Gift and Providence, deeper drilling demonstrated that gold mineralisation extends below the base of the existing Mineral Resource. At the same time, we continued first-pass programs across Pinjin, systematically testing earlier-stage targets and building our pipeline for future programs. The scale of this pipeline is important. To date, only around 10% of the conceptual targets generated by KalGold across Pinjin have been drill tested, with initial work delivering Lighthorse, Kirgella West, Providence South and Wessex. The Operations Review provides considerably more detail on this work, what we have learned from it and how our understanding is informing the next phase of KalGold’s exploration. Importantly, exploration discipline has been matched by disciplined capital management. During the year, KalGold invested $2.76 million directly in exploration and evaluation activities, while shareholder option conversions provided approximately $2.4 million in additional funding. Together with our discovery cost of less than A$5 per ounce across our existing 214,300-ounce Mineral Resource inventory, this reflects our continued focus on directing capital towards exploration while maintaining a lean corporate structure. More recently, we also further strengthened our financial position through a $3.4 million capital raising, comprising a $2.3 million placement and a $1.1 million fully underwritten, 1-for-10 pro-rata entitlement offer. The strong demand received for the placement, which resulted in the Company accepting oversubscriptions, was particularly encouraging. Together, the placement and fully underwritten entitlement offer put KalGold in a strong position to accelerate exploration at Pinjin and systematically advance the substantial pipeline of opportunities generated from our work to date. We have also continued to strengthen the foundations from which we can progress our projects. Since year end, KalGold executed a comprehensive Heritage Protection Agreement with the Kakarra Aboriginal Corporation covering both the Pinjin and Bulong Taurus Gold Projects. This important agreement provides a framework to protect Kakarra heritage while supporting future exploration across our tenure. Importantly, the agreement represents a significant step towards returning to the ground at La Mascotte to progress further work around the existing 137,900-ounce Mineral Resource. During FY26, we also added the Central Yandal Gold Project to our portfolio at low cost, providing an additional early-stage exploration opportunity while maintaining Pinjin as our clear strategic priority. Our priorities are clear. We will continue to build our understanding of Lighthorse and the broader Pinjin gold system, progress Kirgella Gift and Providence, follow up results from the LTZ Flexure and systematically test the next generation of targets across the project. We will continue to apply the same discipline to capital allocation that we apply to exploration, advancing opportunities on the strength of evidence and directing capital to those areas where we believe it can create the greatest value for shareholders. On behalf of the Board, I thank Matt and the KalGold team for their commitment and hard work throughout the year. I also thank my fellow Director and our shareholders for their support and confidence in KalGold. We enter FY27 with a significantly expanded understanding of Pinjin, a substantial pipeline of exploration opportunities and the financial capacity to pursue them with greater intensity. I look forward to the year ahead. Yours sincerely, Pauline Gately Non-Executive Chair Dated this 29th day of September 2026 REVIEW OF OPERATIONS 4 REVIEW OF OPERATIONS The 2025/2026 financial year (FY26) saw Kalgoorlie Gold Mining Ltd (ASX: KAL) (KalGold or the Company) significantly advance its flagship Pinjin Gold Project, 140 km east-north-east of Kalgoorlie-Boulder (Figure 1). Reverse circulation (RC) drilling confirmed that the Lighthorse discovery is underlain by a primary orogenic gold system extending over more than 1,100 m of strike and remaining open to the north. The Company’s first diamond drilling program at Kirgella Gift and Providence extended known gold mineralisation to approximately 300 m vertical depth, some 160 m below the existing Mineral Resource Estimate (MRE) envelope. By year end, KalGold broadened its exploration activities to include the LTZ (Laverton Tectonic Zone) Flexure and acquired a new project in the highly mineralised Yandal Greenstone Belt. Figure 1 – Project locations in Western Australia, showing proximity of the Pinjin and Bulong Taurus projects to the City of Kalgoorlie-Boulder. (Perspective Google Earth imagery overlain by project details). Key highlights for FY26 include: ● At the Pinjin Gold Project (Figure 2), primary orogenic gold mineralisation was confirmed in fresh rock at Lighthorse over more than 1,100 m of strike. It is associated with shearing, alteration, sulphides and veining logged in intervals up to 35 m thick and is open to the north. ○ Near-surface gold anomalism at Lighthorse was extended to 1,450 m of continuous strike, with lower-level anomalism continuing a further 500 m north. It is part of a 6 km corridor of gold mineralisation and anomalism running from T12 in the north to T15 in the south and is open in both directions. ○ Gold mineralisation correlates directly with a Sub-Audio Magnetic (SAM) magnetometric conductivity ridge, providing KalGold with a geophysical proxy for primary gold mineralisation beneath transported cover across the Pinjin Project. REVIEW OF OPERATIONS 5 ● First diamond drilling at Kirgella Gift and Providence (four holes, 1,154.6 m, co-funded by the Western Australian Government’s Exploration Incentive Scheme) returned 28 m at 2.24 g/t Au from 92 m (KGDD25004), including 8.5 m at 3.21 g/t Au and 9 m at 2.82 g/t Au, and confirmed gold mineralisation to approximately 300 m vertical depth, around 160 m below the current MRE. Gold mineralisation remains open at depth. ○ An unrecognised set of north–south trending, east-dipping structures identified in diamond core explains local offsets in mineralisation. This improved geological understanding will inform the design of the next phase of deep drilling. ● Ongoing first-pass drilling of Company-generated gold targets in poorly tested to untested areas are focused on the LTZ Flexure target. Centred 3.5 km south-east of Kirgella Gift–Providence, with heritage clearance secured in cooperation with the Kakarra people, a first-pass aircore drill program comprised 225 holes for 7,212 m. Results are pending. Further first-pass targets are scheduled for testing. ● Acquisition of the Central Yandal Gold Project (Figure 2), comprising 15 tenements over 23.7 km² in the Yandal Greenstone Belt, directly along strike from the Gourdis and Vause gold mines and within the district hosting Jundee and Bronzewing. ● Total JORC Code (2012) Inferred Mineral Resource maintained at 214,300 ounces of gold, at an industry-leading discovery cost of A$4.57 per ounce. ● A comprehensive Heritage Protection Agreement (HPA) was negotiated and executed with the Kakarra Aboriginal Corporation (KAC), providing a framework to protect Kakarra heritage while supporting KalGold’s work programs at the Pinjin and Bulong Taurus Gold Projects. With numerous drill programs completed during the year, the scale of the tenement holding and of the gold targets being tested mean that the Pinjin Project remains at an early stage. Only around 10-15% of the conceptual targets generated by the Company have been drill tested to date, with Lighthorse, Kirgella West, Providence South and Wessex among the initial targets tested. The opportunity ahead for KalGold at Pinjin is correspondingly large. Company total gold resource KalGold’s total JORC Code (2012) Inferred Mineral Resource was unchanged during the year at 214,300 ounces of gold (Table 1). No new Mineral Resource estimate was reported during the period. Work commenced in the December 2025 quarter on an updated estimate for the La Mascotte deposit at Bulong Taurus, and RC drilling completed at Kirgella Gift and Providence in the June 2026 quarter was designed to support a future resource update; assays from that program remained pending at year end. The Company’s gold resource inventory is either outcropping or within metres of surface. At both Pinjin (Kirgella Gift, Providence) and Bulong Taurus (La Mascotte), overall gold grades exceed 1.0 g/t Au, with both projects containing zones of higher-grade, near-surface gold mineralisation that may be amenable to open pit mining. KalGold’s discovery cost of under A$5 per ounce across its two Mineral Resource estimates places it among the most cost-effective explorers on the ASX. Table 1 – KalGold total JORC Code (2012) Inferred Mineral Resource as at 30 June 2026. Kirgella Gift and Providence reported at a 0.5 g/t Au cutoff, while La Mascotte is at a 0.6 g/t Au cutoff. Totals may not sum exactly due to rounding. Classification Project Deposit Tonnes (Mt) Au grade (g/t) Au (oz) Discovery cost per ounce Inferred Bulong Taurus La Mascotte 3.61 1.2 137,900 A$4.79 Pinjin Kirgella Gift and Providence 2.34 1.0 76,400 A$4.18 Total FY2026 5.95 1.1 214,300 A$4.57 REVIEW OF OPERATIONS 6 Figure 2 – Map of Western Australia’s Eastern Goldfields showing all three KalGold projects at Pinjin (140 km ENE of Kalgoorlie- Boulder), Bulong Taurus (35 km east of Kalgoorlie- Boulder) and the newly acquired Central Yandal Gold Project (45 km east of Wiluna). Projection: MGA 94 Zone 51. REVIEW OF OPERATIONS 7 Pinjin Gold Project The Pinjin Gold Project is KalGold’s flagship exploration asset. Located approximately 140 km north-east of Kalgoorlie-Boulder along the well- maintained, all-weather Kalpini-Pinjin Road, it covers a substantial portion of the southern LTZ (Figure 3). The LTZ is a crustal-scale shear corridor hosting for more than 30 million ounces of gold endowment from across world-class operations such as Sunrise Dam, Granny Smith and Wallaby. KalGold’s tenure sits approximately 20–25 km north along strike of the LTZ from Ramelius Resources’ (ASX: RMS) Rebecca Gold Project. The project hosts a JORC Code (2012) Inferred Mineral Resource of 2.34 Mt at 1.0 g/t Au for 76,400 oz at a 0.5 g/t Au cut-off at the Kirgella Gift and Providence deposits, from only 3 m depth. KalGold holds a 75% interest in the tenements hosting Kirgella Gift, Providence, Lighthorse and Wessex following completion of its farm-in in May 2025, and 100% of the substantially larger surrounding tenement package. During the year, the Company advanced multiple exploration fronts in parallel: extending and confirming the Lighthorse gold system, testing Wessex and Providence South, completing first diamond drilling and a follow-up RC program at Kirgella Gift and Providence, and commencing first-pass drilling at LTZ Flexure greenfields target. KalGold considers the scale and distribution of gold mineralisation defined to date to be consistent with a previously unrecognised gold camp hidden beneath cover within the Company’s tenure at Pinjin, the full extent of which has not yet been defined. Systematic exploration for success KalGold applies a disciplined, staged exploration methodology designed to convert conceptual targets into Mineral Resources at the lowest possible cost per ounce. The same six steps described in last year’s report are typical of those used by large gold mining and exploration companies, and continued to govern exploration activity throughout FY2026: 1. Target generation — reinterpretation of regional geology and geophysics to define drill targets. Around 10% of generated targets have been tested to date. 2. First-pass aircore testing — widely spaced, low-cost aircore drilling to detect near-surface gold mineralisation and anomalism beneath transported cover. Figure 3 – KalGold’s Pinjin Project in the southern part of the crustal-scale, gold-mineralising LTZ. The LTZ is responsible for over 30 million ounces of gold production from world-class operations including Sunrise Dam, Granny Smith and Wallaby. Its southern portion is highly prospective and under- explored, with KalGold’s tenure occupying a key flexure in the structure. Projection GDA94 MGA Zone 51. REVIEW OF OPERATIONS 8 3. Follow-up aircore drilling — to define the full extent of the near-surface footprint. 4. RC confirmation — first-pass, widely spaced RC drilling to confirm primary gold mineralisation in fresh rock beneath the near-surface expression. 5. RC follow-up and drill-out — tighter-spaced and deeper drilling to define the geometry, continuity and orientation of gold mineralisation to a standard capable of supporting a resource estimate. 6. Diamond Drilling (DD) follow-up and drill-out — strategically placed diamond core holes to provide key structural, lithological, alteration, assay and geotechnical, data to better understand the controls on gold mineralisation and rock mass characteristics to assist with eventual mine design. 7. Define a JORC Code (2012) Mineral Resource — enabling the deposit to be modelled for mining scenarios. The value of the method is visible in where each prospect (Figure 4) now sits. Lighthorse advanced from Step 4 to Step 5 during the year, with primary gold mineralisation confirmed along more than 1,100 m of strike and infill and extensional drilling undertaken. Kirgella Gift and Providence, already at Step 6, moved into resource growth with diamond and RC drilling aimed at extending the deposits at depth and along strike. Wessex completed Step 4 and was deprioritised on the results. The LTZ Flexure entered Step 2 with a first-pass aircore program. Around 90% of the Company’s generated targets remain at Step 1 with further targets continuing to be generated as KalGold’s understanding of the Pinjin Project develops. Figure 4 – Main focus areas for the Pinjin Gold Project, defining the focus on various prospects and deposits, and showing all drilling to the end of the reporting period. RC collar locations (squares) at Kirgella Gift, Providence and Lighthorse comprise both KalGold and historic data and display total cumulative gold content. Earlier (historic) aircore and RAB drilling is showing by faded triangles with the same legend as the RC drill holes. In the south-east, collars for the completed LTZ Flexure aircore drill program are shown as black triangles as results are pending. Imagery shown is Google satellite imagery overlain by WA statewide merged 20m aeromagnetic data. Projection: MGA 94 Zone 51. REVIEW OF OPERATIONS 9 Lighthorse: a primary orogenic gold system confirmed Lighthorse (Figure 4) was KalGold’s principal focus for most of the year. Discovered in early 2025 by first-pass aircore drilling, the prospect entered FY26 with a 600 m footprint of confirmed primary gold mineralisation and a headline discovery intercept of 17 m at 4.81 g/t Au from 48 m to end of hole (KGAC24152). By the end of FY26, it had been shown to be part of a coherent, multi-kilometre orogenic gold system, with the results from higher-resolution drilling after the reporting period defining high-grade gold mineralisation and new targets in the north. Lighthorse will remain a major focus in FY27. Expanded near-surface footprint from aircore drilling Initial RC drilling in 2025 (ASX: KAL 15/4/2025) confirmed the Lighthorse discovery over a limited area with primary gold mineralisation in every drill hole (Figure 7). The program demonstrated that gold mineralisation extended beyond the footprint of the initial programs. With this information, the Company returned to first-pass aircore testing in undrilled areas to the north and south to further define the footprint of gold mineralisation and anomalism at Lighthorse. Results from Lighthorse’s expanded second aircore program were received early in the September 2025 quarter. The 99-hole, 4,710 m program averaged 47 m depth and used lines spaced 160–200 m apart with 80 m centres. It defined strong, continuous gold mineralisation and anomalism over 1,450 m, with lower-level anomalism extending a further 500 m north to the program limit. This more than doubled the Lighthorse gold footprint and identified a second mineralised centre about 800 m north of the original discovery section. The program defined laterally extensive oxide-zone gold anomalism across the drilled sections. Thick intercepts ending in mineralisation indicated the potential for broader, higher-grade primary zones below and became priority targets for the subsequent RC program. Combining KalGold’s results with historic datasets indicates near- continuous gold mineralisation and anomalism along the entire 6 km Lighthorse corridor defined to date, from Newmont’s historic T12 target in the north through Lighthorse, Kirgella Gift and Providence to T15 in the south (Figure 5). Where available, multi-element pathfinder geochemistry shows trends consistent with the gold anomalism. The program’s south-eastern extent also returned broad enrichment in the pathfinder elements arsenic and antimony near previously defined anomalism at Providence South. RC drilling confirms primary gold mineralisation over 1,100 m of strike In September 2025, a follow-up program comprising 50 RC holes for approximately 6,200 m commenced across the Lighthorse (Figure 6), Wessex and Providence South prospec