Announcement PDF Contact Us A: Suite 1, Level 3, 1138 Hay Street, West Perth WA 6005 T: +61 (0)8 9389 9021 E: yandal@yandalresources.com.au yandalresources.com.au | ASX:YRL Board and Management Eduard Eshuys Non-Exec Chair Andrew Jackson Non-Exec Director Greg Evans Non-Exec Director Sevan Gore Non-Exec Director Greg Fitzgerald Company Secretary September Quarter 2026 – Quarterly Activities Report Ironstone Well–Barwidgee Gold Project (100% Yandal) Key Outcomes • New high-grade Domain C delineated at Arrakis, including the highest-grade intercept recorded to date within the IWB Gold Project of 20m @ 8.7g/t Au from 84m, including 3m @ 52.8g/t Au from 84m, in 26IWBRC0120. • Diamond drilling extended Domain C approximately 80m down-plunge, where it remains open at depth. • A seven-hole, 3,300m diamond drilling program has commenced at Arrakis to test the scale of high-grade mineralisation at depth. • First RC drilling at the Anders Prospect, parallel to Arrakis, confirmed primary fresh rock mineralisation tied to a deformed and altered porphyry. • Results received from seven of the eight Flushing Meadows framework diamond holes, continuing to define primary fresh rock mineralisation below the current 268koz Mineral Resource Estimate. • Broad-scale air-core program across the Flushing Meadows and Giedi Prime target areas completed, with assays anticipated in November. • Board renewal, with Mr Eduard Eshuys appointed Non-Executive Chair and Mr Andrew Jackson appointed Non-Executive Director; Mr Chris Oorschot continues as Chief Executive Officer for the interim. Exploration - Arrakis Gold Discovery – Caladan Target Area • Targeted infill RC and diamond drilling results received during the quarter include: o 20m @ 8.7g/t Au from 84m in 26IWBRC0120, including ▪ 6m @ 28.3g/t Au from 84m, which further includes 3m @ 52.8g/t Au from 84m o 24.2m @ 1.4g/t Au from 237.8m in 26IWBRC0117D, including ▪ 8.3m @ 3.0g/t Au from 240.7m o 17.5m @ 2.3g/t Au from 127.5m in 26IWBRC0121D, including ▪ 4.8m @ 4.0g/t Au from 135.5m ASX Announcement 27 October 2026 yandalresources.com.au | ASX:YRL 2 o 12m @ 1.8g/t Au from 31m in 26IWBRC0119 – the shallowest intercept at Arrakis to date • Combined results define high-grade Domain C, interpreted to plunge approximately 45º to the southwest and remaining open at depth. • RC drilling at Anders returned 6m @ 2.5g/t Au from 52m in 26IWBRC0135, including 4m @ 3.5g/t Au from 52m, providing a parallel target adjacent to Arrakis. • The Arrakis deep diamond drilling program commenced in September, with first results from priority samples received subsequent to the Quarters end (See Figures 3 and 4), including: o 56.6m @ 1.1g/t Au from 398.5m in 26IWBDD0017, including, ▪ 29.8m @ 1.4g/t Au from 398.5m, which further includes, • 8.0m @ 1.8g/t Au from 398.5m, and • 6.4m @ 2.3g/t Au from 413.5m ▪ 20.5m @ 1.0g/t Au from 434.7m, this further includes • 3.8m @ 2.8g/t Au from 434.7m Exploration – Flushing Meadows Deposit • Framework diamond drilling results received during and subsequent to the quarter include: o 3.5m @ 4.1g/t Au from 157.8m in 26IWBRC0097D, including ▪ 0.5m @ 25.2g/t Au from 157.8m o 4.0m @ 2.6g/t Au from 214.3m in 26IWBRC0097D o 4.8m @ 2.3g/t Au from 175.2m in 26IWBRC0098DA, including ▪ 1m @ 6.5g/t Au from 178m • Results confirm narrow iron-rich sedimentary units as the primary host to fresh rock mineralisation, with porphyry dykes influencing the width and continuity of mineralised sediments. • Follow-up RC drilling indicates the shallow 26IWBRC0098DA pre-collar intercept is limited in dip extent and likely secondary in nature. Exploration – New England Granite Target Area • Shallow RC drilling at Siona defined a coherent, flat-lying zone of gold mineralisation southwest of the main Siona trend, with intercepts including: o 17m @ 1.3g/t Au from 37m in 26IWBRC0084, including ▪ 3m @ 5.0g/t Au from 42m o 13m @ 1.5g/t Au from 45m in 26IWBRC0074, including ▪ 2m @ 8.1g/t Au from 45m • Follow-up RC drilling at Siona was completed, with results received after the Quarters end, with the best result of: yandalresources.com.au | ASX:YRL 3 o 19m @ 1.2g/t Au from 45m in 26IWBRC0150, including, ▪ 11m @ 1.8g/t Au from 53m, this further includes • 3m @ 3.9g/t Au from 59m Corporate & Financial Summary • At quarter end, Yandal held approximately $3.29 million in cash, providing funding to execute the planned exploration program. • Renewal of the Board completed, with Mr Eduard Eshuys appointed Non-Executive Chair and Mr Andrew Jackson appointed Non-Executive Director. Looking Ahead - December Quarter 2026 Key activities and events during the December quarter will include: • Completion of the seven-hole, 3,300m Arrakis diamond drilling program in early November, with further assays from priority samples from early November; • Assay results from the Flushing Meadows and Giedi Prime air-core program, anticipated in November; • Follow-up air-core drilling to assess the scale of the Anders target; • Final results from the Siona RC program; • Completion of the broad-scale IWB soil sampling program; and • Commencement of air-core drilling across western NEG targets, pending final heritage clearance. Yandal Resources Ltd (ASX: YRL, “Yandal Resources” or the “Company”) is pleased to provide a summary of operational and corporate activities undertaken during the Quarter ended 30 September 2026. The Company remains focused on completing an accelerated exploration campaign that will continue to unlock the value of its portfolio of highly prospective 100% owned gold projects, located within the Yandal Greenstone Belt in Western Australia (see Figure 1). yandalresources.com.au | ASX:YRL 4 Figure 1: Yandal Resource exploration Project locations within the Yandal Greenstone Belt. The Arrakis Prospect is located within the Caladan target area. See Appendix 1 for gold camp endowment sources. September Quarter Operational Summary and 2026 Outlook The September 2026 quarter was highlighted by the delineation of a new high-grade domain (Domain C) within the Arrakis gold discovery, including the highest-grade intercept recorded to date within the Ironstone Well–Barwidgee (IWB) Gold Project. Activity during the quarter focused on receiving and interpreting results from the substantial volume of RC, diamond and air-core drilling completed across Arrakis, Anders, Flushing Meadows, Giedi Prime, Siona and Salusa. Drilling activities on site were paused in late August to allow outstanding assays to be received and assessed, before diamond drilling recommenced at Arrakis to test the depth extent of Domain C. Approximately 4,810m of RC, 1,045.6m of diamond and 11,383m of air-core drilling were completed during the Quarter. yandalresources.com.au | ASX:YRL 5 Non-drilling activities included a heritage survey across the Arrakis Prospect in July, which will enable infill drilling on 50m spaced lines across the full extent of the discovery, and the commencement of a broad-scale soil sampling program across the southern half of the IWB Gold Project subsequent to quarter end. The Company also completed a renewal of its Board during the quarter, as detailed in the Corporate Summary. IRONSTONE WELL-BARWIDGEE GOLD PROJECT The 100% owned Ironstone Well-Barwidgee (IWB) Gold Project covers approximately 456km² of highly prospective and under-explored tenure located between the Jundee and Bronzewing mines in the northern Yandal Greenstone Belt (Figure 1). Yandal Resources has an established Resource of 268,000oz of gold at Flushing Meadows (within IWB) and considers there to be strong potential to make new discoveries and expand this resource base within its extensive tenure holding (refer to the ASX announcement of 4 November 2020 for details of the Flushing Meadows Resource and Table 1). The IWB project area also includes two new gold discoveries, the Arrakis and Siona prospects, both made within the last two years (see Figure 2). These outcomes were driven by the execution of a targeted exploration program following a systematic, geology-driven strategy developed in early 2023. The Arrakis prospect is hosted within the Caladan target area, and the Siona prospect is hosted within the New England Granite target area. yandalresources.com.au | ASX:YRL 6 Figure 2: Yandal Resource exploration target areas and prospect locations within the northern Yandal Greenstone Belt. The Arrakis Prospect is located within the Caladan target area. ARRAKIS GOLD DISCOVERY The Caladan target area was originally identified in June 2024 through detailed analysis of gravity and open-file data (see ASX Release 11 June 2024). Targeted Infill RC and Diamond Drilling Results – Domain C Targeted broad-spaced infill RC drilling on 100m spaced lines across the 1.3km Arrakis discovery commenced in early May and was designed to identify higher-grade gold domains within the Arrakis mineralised system. The program comprised 24 RC holes between the 6,250mN and 7,250mN drill lines, with short diamond tails completed on three RC holes that failed to reach their designed depth. Results received during the quarter (see ASX releases dated 10 August, 25 August and 8 September 2026) include: • 20m @ 8.7g/t Au from 84m in 26IWBRC0120, including yandalresources.com.au | ASX:YRL 7 ▪ 6m @ 28.3g/t Au from 84m; this further includes ▪ 3m @ 52.8g/t Au from 84m o 24.2m @ 1.4g/t Au from 237.8m in 26IWBRC0117D, including ▪ 8.3m @ 3.0g/t Au from 240.7m; this further includes ▪ 3.0m @ 5.4g/t Au from 246.0m o 17.5m @ 2.3g/t Au from 127.5m in 26IWBRC0121D, including ▪ 3.8m @ 2.8g/t Au from 130.7m; and ▪ 4.8m @ 4.0g/t Au from 135.5m o 17.0m @ 1.1g/t Au from 162.0m in 26IWBRC0121D o 12m @ 1.8g/t Au from 31m in 26IWBRC0119, including ▪ 3m @ 4.9g/t Au from 39m o 10m @ 1.6g/t Au from 114m in 26IWBRC0104, including ▪ 3m @ 4.1g/t Au from 116m o 10m @ 1.8g/t Au from 42m in 26IWBRC0129 (hanging wall of the Arrakis structure), including ▪ 2m @ 4.8g/t Au from 50m The 26IWBRC0120 intercept is the highest-grade gold intercept recorded to date within the IWB Gold Project, while 26IWBRC0119 returned the shallowest intercept at Arrakis to date, approximately 26m below surface. The diamond tail of 26IWBRC0121D intersected the equivalent position approximately 50m down-dip of 26IWBRC0120 within fresh rock (see Figure 4). Results from 26IWBRC0119, 26IWBRC0120 and 26IWBRC0121D, combined with previously reported intercepts from 25IWBRC0042 (50m @ 1.3g/t Au from 122m, including 28m @ 1.9g/t Au from 143m; see ASX release 24 September 2025), define a new high-grade domain within the Arrakis mineralised system, designated Domain C (see Figure 3). Domain C is characterised by both broader and higher-grade mineralisation and is interpreted to plunge approximately 45º to the southwest. Diamond tail 26IWBRC0117D, located on the 6,450mN drill line, extended Domain C approximately 80m down-plunge to an approximate vertical depth of 200m, where the trend remains untested at depth. The 6,450mN section shows an increase in both the width and grade of gold mineralisation with depth (see Figure 5). Several intercepts were also returned outside of the main Arrakis structure within weathered or partially weathered rock, with no significant intercepts down-dip in the equivalent fresh rock position, suggesting this mineralisation is secondary in nature. RC drilling completed southeast of the offsetting Scytale Shear Zone returned only low-level gold anomalism (0.1–0.3g/t Au), indicating the Scytale Shear Zone bounds the southeastern limit of the Arrakis mineralised system (see ASX release 28 July 2026). yandalresources.com.au | ASX:YRL 8 Figure 3: A longitudinal section displaying intercept midpoints within the main Arrakis mineralised structure (intercepts from subordinate structures are excluded). Grade accumulation (length multiplied by Au grade) is based on down-hole length, with no true width correction applied. This longitudinal section has been prepared to show the distribution of recent intercepts across the interpreted Arrakis trend. Contours are based on grade (g/t Au) multiplied by down-hole length (m) values, and are presented to provide a visual interpretation of high-grade domains across the Arrakis mineralised system. Please note that closer- spaced drilling is needed to verify geological and grade continuity along strike. Closer-spaced drilling is also needed to verify the geometry and extent of the higher-grade domains contoured in this longitudinal section. yandalresources.com.au | ASX:YRL 9 Figure 4: Arrakis 6,650mN cross-section showing all recently received drilling results, including significant intercepts from 26IWBRC0120 and 26IWBRC0121D. The section location is shown in Figure 6. The section shows all drilling within +/- 25m of the section plane. yandalresources.com.au | ASX:YRL 10 Figure 5: Arrakis 6,450mN cross-section showing all recently received drilling results, including significant intercepts from 26IWBRC0117D. The section location is shown in Figure 6. The section shows all drilling within +/- 25m of the section plane. Arrakis Diamond Drilling – Testing Mineralisation Continuity At Depth A seven-hole, 3,300m diamond drilling program commenced at Arrakis in mid-September to assess whether the grade, width, and scale of high-grade mineralisation improve with depth. At the date of this report, six of the planned holes have been completed. Results from priority samples collected from 26IWBDD0016 (see Figure 7) and 26IWBDD0017 (see Figure 8) were received after the quarter end (see ASX release 19 October 2026), with results including: o 56.6m @ 1.1g/t Au from 398.5m in 26IWBDD0017 (ETW*1 32m), including, ▪ 29.8m @ 1.4g/t Au from 398.5m, this further includes, yandalresources.com.au | ASX:YRL 11 • 8.0m @ 1.8g/t Au from 398.5m, and • 6.4m @ 2.3g/t Au from 413.5m ▪ 20.5m @ 1.0g/t Au from 434.7m, this further includes • 3.8m @ 2.8g/t Au from 434.7m o 16.7m @ 1.0g/t Au from 373.3m in 26IWBDD0016 (ETW*1 12m), including, ▪ 2.7m @ 1.8g/t Au from 373.3m *1 ETW - Estimated True Width The program is expected to be completed by early November, with the final hole underway and further assays from priority samples expected from early November (see ASX release 19 October 2026). yandalresources.com.au | ASX:YRL 12 Figure 6: A collar plan over the Arrakis Prospect within the Caladan target area, overlying a ground gravity image (BA267 1VD linear colour scale, with northeast shade). All Yandal drilling is plotted (historic drilling has been excluded). Collars are thematically coloured by max Au (g/t) in the hole. Dashed yellow polygons represent air-core regolith anomalies (Results include ~4m @ 0.1 g/t Au or greater, with the upper profile or the bottom-of-hole sample is 0.1g/t Au or greater). yandalresources.com.au | ASX:YRL 13 Figure 7: Cross-section showing mineralised intervals from 26IWBDD0017 from the Arrakis Prospect. The section location is shown in Figure 6. The section shows all drilling within +/- 25m of the section plane. yandalresources.com.au | ASX:YRL 14 Figure 8: Cross-section showing mineralised intervals from 26IWBDD0016 from the Arrakis Prospect. The section location is shown in Figure 6. The section shows all drilling within +/- 25m of the section plane. Anders Prospect – Parallel Target to Arrakis An RC program comprising six holes for 1,200m was completed across the Anders regolith anomaly in July, testing the fresh rock position below previously reported air-core intercepts. All results have been received (see ASX release 8 October 2026), with significant intercepts including: o 6m @ 2.5g/t Au from 52m in 26IWBRC0135, including ▪ 4m @ 3.5g/t Au from 52m yandalresources.com.au | ASX:YRL 15 o 5m @ 0.6g/t Au from 232m in 26IWBRC0137 o 5m @ 0.4g/t Au from 157m in 26IWBRC0136 Results demonstrate primary fresh rock mineralisation tied to a deformed and altered porphyry at the northern end of the Anders regolith anomaly on the 5,350mN drill line, approximately 900m from the Arrakis discovery (see Figures 6 and 9). The northern end of the Anders anomaly shares several large-scale similarities with Arrakis, including proximity to a gravity margin, bracketing by interpreted north-south structures and an association with early, subsequently deformed porphyry dykes. The Company will follow up with an air-core program to assess the scale of this early-stage target. Figure 9: Cross-section showing mineralised intervals from 26IWBRC0135, 26IWBRC0136 and 26IWBRC0137 from the Anders Prospect. The section location is shown in Figure 6. The section shows all drilling within +/- 25m of the section plane. yandalresources.com.au | ASX:YRL 16 FLUSHING MEADOWS Framework Diamond Drilling Results The Flushing Meadows deposit hosts a 268koz @ 1.1g/t Mineral Resource Estimate (see ASX release 4 November 2020 and Table 1), with mineralisation occurring over 1.9km of strike, approximately 8km west-northwest of the Arrakis discovery. The framework diamond drilling program comprised eight 200m-spaced diamond holes below the current MRE, covering 1.6km of strike, and represents the first effective and systematic test of primary fresh rock mineralisation across the deposit. Following the first results reported during the June Quarter, results from a further four diamond holes (26IWBRC0098DA, 26IWBRC0096D, 26IWBRC0097D and 26IWBRC0099D) were received during the quarter, with results from 26IWBRC0090D, 26IWBRC0092D and 26IWBRC094D received subsequent to quarter end (see Figure 10). Significant intercepts include: o 3.5m @ 4.1g/t Au from 157.8m in 26IWBRC0097D, including ▪ 0.5m @ 25.2g/t Au from 157.8m o 1.1m @ 1.9g/t Au from 178.8m in 26IWBRC0097D o 4.0m @ 2.6g/t Au from 214.3m in 26IWBRC0097D o 4.8m @ 2.3g/t Au from 175.2m in 26IWBRC0098DA, including ▪ 1m @ 6.5g/t Au from 178m o 2m @ 2.9g/t Au from 188m in 26IWBRC0098DA o 2.2m @ 1.2g/t Au from 225.2m in 26IWBRC0098DA o 2.1m @ 1.5g/t Au from 208.2m in 26IWBRC0099D, including ▪ 0.7m @ 3.1g/t Au from 209.3m o 4.3m @ 0.7g/t Au from 227.3m in 26IWBRC0090D o 13.0m @ 0.5g/t Au from 272.0m in 26IWBRC0092D o 4.7m @ 0.5g/t Au from 280.2m in 26IWBRC0094D o 4.6m @ 0.7g/t Au from 300.3m in 26IWBRC0094D o 8.4m @ 0.5g/t Au from 309.2m in 26IWBRC0094D Combined results and geological observations show that primary mineralisation is associated with narrow units of iron-rich sediments. Felsic to intermediate porphyry dykes favour the sedimentary units as intrusive pathways, likely creating variations in the width and continuity of remnant mineralised sediments both along strike and at depth. The 3.5m @ 4.1g/t Au intercept in 26IWBRC0097D is located in the hanging wall of the targeted Flushing Meadows structure and represents a vein-hosted style of mineralisation, associated with a series of narrow, deformed veins within foliated basalt (see Figure 11). yandalresources.com.au | ASX:YRL 17 Follow-up RC Drilling Follow-up RC holes 26IWBRC0131, 26IWBRC0132, 26IWBRC0133 and 26IWBRC0153 were completed to assess the down-dip and along strike continuity of the shallow 26IWBRC0098DA pre-collar intercept of 20m @ 1.7g/t Au from 55m, including 9m @ 2.7g/t Au from 64m (see ASX release 15 June 2026). Significant results include: o 2m @ 1.9g/t Au from 254m in 26IWBRC0131, including ▪ 1m @ 3.1g/t Au from 254m o 1m @ 11.0g/t Au from 181m in 26IWBRC0132 o 9m @ 0.5g/t Au from 94m in 26IWBRC0132 o 2m @ 0.7g/t Au from 139m in 26IWBRC0133 o 10m @ 0.9/t Au from 121m in 26IWBRC0153 o 4m @ 0.7g/t Au from 191m in 26IWBRC0153 o 4m @ 0.7g/t Au from 191m in 26IWBRC0153 o 7m @ 0.8g/t Au from 210m in 26IWBRC0153 o 8m @ 0.3g/t Au from 271m in 26IWBRC0153 Results show mineralisation is associated with the upper and lower contacts of a thick (30m to 50m wide), irregular intermediate intrusive that is interpreted to pinch out above 26IWBRC0133 (see Figure 12). Based on the assay results and observed geology, the shallow mineralisation intercepted in 26IWBRC0098DA is limited in dip extent and likely secondary in nature. yandalresources.com.au | ASX:YRL 18 Figure 10: Flushing Meadows collar plan overlaid on a ground gravity image (BA267 0.5VD non-linear colour scale, with northeast shading). All Yandal drilling is plotted, with only effective (>20m down-hole depth) historic drilling displayed. Collars are thematically coloured by max Au (g/t) in the hole. The diagram shows that previous drilling has been very ineffective around the current MRE, particularly to the east and southeast. yandalresources.com.au | ASX:YRL 19 Figure 11: Cross-section showing mineralised intervals from 26IWBRC0097D at Flushing Meadows. The hole location is shown in Figure 10. The section shows all drilling within +/- 25m of the section plane. yandalresources.com.au | ASX:YRL 20 Figure 12: Cross-section showing results from RC holes 26IWBRC0131, 26IWBRC0132 and 26IWBRC0133 at Flushing Meadows. The hole locations are shown in Figure 10. The section shows all drilling within +/- 25m of the section plane. EARLY STAGE EXPLORATION Flushing Meadows and Giedi Prime Air-core Program The large-scale (800m spaced lines) air-core program across the broader Flushing Meadows and Giedi Prime target areas was completed during the quarter. The program is designed to map out the boundaries of the Flushing Meadows mineralised system and complete the first test across the Giedi Prime gravity target area, first identified in 2024 (see Figure 10). Assays are anticipated in November. IWB Soil Sampling Program Subsequent to quarter end, a soil sampling program commenced across the southern half of the IWB Gold Project, including the New England Granite. Samples will be submitted for UltraFine+ yandalresources.com.au | ASX:YRL 21 multi-element analysis, with results to be used to support target generation across the wider IWB Gold Project. NEW ENGLAND GRANITE (NEG) TARGET AREA RC Results – Siona Assay results from all nine shallow RC holes (approximately 950m) completed southwest of the main Siona mineralised structure were reported during the quarter (see ASX release 13 July 2026). Significant intercepts include: o 17m @ 1.3g/t Au from 37m in 26IWBRC0084, including ▪ 3m @ 5.0g/t Au from 42m o 13m @ 1.5g/t Au from 45m in 26IWBRC0074, including ▪ 2m @ 8.1g/t Au from 45m o 10m @ 0.9g/t Au from 36m in 26IWBRC0086, including ▪ 2m @ 3.2g/t Au from 40m o 10m @ 0.9g/t Au from 58m in 26IWBRC0080, including ▪ 1m @ 3.7g/t Au from 67m o 15m @ 0.5g/t Au from 48m in 26IWBRC0076 Results demonstrate a coherent, flat-lying zone of gold mineralisation within the upper regolith profile, gently dipping (-10º) to the northwest and situated to the southwest of the currently defined Siona mineralisation (see Figures 13 and 14). The strongly weathered and oxidised nature of the intercepts makes it difficult to determine whether the mineralisation is linked to a shallow- dipping primary structure or represents a blanket of secondary (supergene) mineralisation. Follow-up RC drilling testing the oxide intercepts at Siona was completed during the quarter, with results pending. Follow-up RC Drilling – Siona Results from seven of nine RC holes following up shallow oxide intercepts from the Siona Prospect, within the New England Granite target, reported in July (See ASX release 13 July 2026), were received after the Quarters end (see ASX release 19 October 2026). Best results from the program include: o 19m @ 1.2g/t Au from 45m in 26IWBRC0150, including, ▪ 11m @ 1.8g/t Au from 53m, this further includes • 3m @ 3.9g/t Au from 59m Results from 26IWBRC0150 occur at the contact between the New England Granite (NEG) and an east-west striking dolerite dyke (see Figures 12 and 13). The NEG side of the contact appears to be heavily weathered compared to the dolerite, with mineralisation occurring in the upper yandalresources.com.au | ASX:YRL 22 part of the weathering profile. RC holes 26IWBRC0147 and 26IWBRC0148 tested the equivalent position along strike, with results anticipated by early November. The 26IWBRC0150 intercept may represent secondary mineralisation. Broader results from the RC drilling program suggest shallow sub-horizontal mineralisation is secondary in nature. Air-core drilling – NEG Target Area Air-core drilling across the western side of the NEG target area, designed to test several deformed granite-margin settings comparable to that of the late 2024 Siona gold discovery (see Figure 15), will commence pending final heritage clearance. Figure 13 Siona collar plan overlaid on a ground gravity image (BA267 1VD linear colour scale, with northeast shading) showing recent shallow gold intercepts. yandalresources.com.au | ASX:YRL 23 Figure 14: Cross-section showing mineralised intervals from 26IWBRC0150 from the Siona Prospect. The section location is shown in Figure 13. The section shows all drilling within +/- 20m of the section plane. yandalresources.com.au | ASX:YRL 24 Figure 15: Plan showing processed infill ground gravity dataset (BA267 1VD northwest shade linear colour scale) across the New England Granite area. The plan includes the interpretation of the intrusive margin and a preliminary interpretation of structures interacting with the intrusion. Broad structural targets include Salusa and NEG01-NEG04. MT McCLURE The Mt McClure Gold Project, acquired in August 2022, is located ~15km southwest of the historic Bronzewing Mine and includes three mining leases with combined Mineral Resources totalling 182,200oz Au (see Table 1). yandalresources.com.au | ASX:YRL 25 The project has prospectivity for new shallow gold deposits adjacent to current Resources and in the footwall and hanging wall of the stratigraphy. Preparations are underway for targeted diamond drilling at the Success and Permelia deposits (see Figure 15) to assess higher-grade mineralisation at depth and provide material for metallurgical assessment. In addition, RC drilling focused on extending the HMS Sulphur mineralisation to the south will also be considered in 2027. Figure 16: Mt McClure tenement plan showing major prospects, interpreted bedrock lithology, major structures, and proximity to nearby mines. yandalresources.com.au | ASX:YRL 26 LOOKING AHEAD Key priorities for the December quarter include: • Complete drilling of seven deep diamond holes to assess the scale of high-grade mineralisation at depth is nearly complete, with one hole remaining from the current program; • Further priority assays from the Arrakis diamond core drilling are expected from early November; • Assay results from Siona RC holes 26IWBRC0147 and 26IWBRC0148 anticipated by early November; • Receipt of assay results from the Flushing Meadows and Giedi Prime air-core program, anticipated in November; • Follow-up air-core drilling to assess the scale of the Anders target, parallel to Arrakis; • Completion of the IWB soil sampling program, with UltraFine+ results to support regional target generation; • Commencement of air-core drilling across western NEG targets, pending final heritage clearance. CORPORATE SUMMARY Board and Management Changes During the quarter, the Company completed a renewal of its Board of Directors (refer ASX release Board and Management Changes on 1 September 2026) : • Mr Eduard Eshuys was appointed Non-Executive Chair; • Mr Andrew Jackson was appointed Non-Executive Director; • Mr Greg Evans stepped down as Chair and continues on the Board as a Non-Executive Director; • Ms Katina Law and Mr Chris Newman retired as Non-Executive Directors; and • Mr Chris Oorschot resigned from the Board as Managing Director and continues to lead the Company as Chief Executive Officer until his departure on 30 November. • Mr Greg Fitzgerald continues as Company Secretary. • The Board thanks Ms Law and Mr Newman for their contribution to the Company. Issued Capital The movements in securities on issue during the quarter were as follows: • Issue of 2,750,000 employee options with an exercise price of 30c and an expiry date of 30 November 2029. The securities on issue at the start and end of the quarter are summarised in the table below. yandalresources.com.au | ASX:YRL 27 Type of Security 30 June 2026 Movement in Sep Qtr 30 Sep 2026 Ordinary shares 382,639,886 - 382,639,886 Options 15,400,000 2,750,000 18,150,000 TOTAL 398,039,886 2,750,000 400,789,886 Summary of Exploration Expenditure In accordance with Listing Rule 5.3.1, Yandal confirms that, as disclosed in the Cashflow Report (item 1.2(a)), Yandal’s exploration expenditure for the quarter was approximately $5.965 million. Details of the exploration activities underlying this expenditure are as set out in the Activities Report. Payments to Related Parties and their Associates Payments to Related Parties and their Associates in accordance with ASX Listing Rule 5.3.5, $129,000 was paid to related parties or their associates during the quarter, comprising Executive Director salaries (to date of change), Non-executive Director fees, and superannuation. Recent ASX Releases Referenced in Announcement ASX Releases: 19 October 2026 “Arrakis Results Extend Gold Mineralisation at Depth” 08 October 2026 “Exploration Update: Diamond Drilling Recommences at Arrakis” 08 September 2026 “Drilling Results Extend Newly Defined High-Grade Gold Domain at Arrakis” 1 September 2026 “Board and Management Changes” 25 August 2026 “Further High-Grade Results from Arrakis Confirm New High-Grade Domain” 10 August 2026 “Shallow High-Grade Gold at Arrakis with 20m @ 8.7g/t Au from 84m, Including 3m @ 52.8g/t Au” 30 July 2026 “Quarterly Activities Report – June 2026” 28 July 2026 “Exploration Update: Second Diamond Core Results from Flushing Meadows” 13 July 2026 “RC Drilling Intercepts Shallow Gold at Siona” 15 June 2026 “Flushing Meadows RC Pre-Collar Delivers 20m @ 1.7g/t Au” 24 September 2025 “Arrakis Gold Discovery Extended by 400m” Authorised by the Board of Yandal Resources For further information, please contact: Eduard Eshuys Chair Yandal Resources Limited yandal@yandalresources.com.au For further information or to ask questions in relatio