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 Chris Oorschot Managing Director/CEO Greg Evans Non-Exec Chair Katina Law Non-Exec Director Chris Newman Non-Exec Director Greg Fitzgerald Company Secretary New England Granite Air-Core Drilling Returns Shallow High-Grade Gold Within the Salusa Prospect Air-Core Drilling Highlights • Results from the 3,300m 38-hole drilling program across the southern half of the New England Granite (NEG) include: o 6m @ 6.3*1 g/t Au from 36m in 25IWBAC173, including  2m @ 18.2 g/t Au from 36m, o 2m @ 6.0g/t Au from 46m in 25IWBAC142, including  1m @ 11.3g/t Au from 46m, o 5m @ 1.6g/t Au from 49m in 25IWBAC168 o 18m @ 0.3g/t Au from 24m in 25IWBAC134 • These air-core intercepts align with a number of structural features identified within the Salusa Prospect located at the southern point of the NEG intrusive complex. • Numerous air-core holes have ended in anomalism or mineralisation Strategic Implications • The high-grade gold intercept in 25IWBAC173 presents as a key target as it correlates with an intrusive contact adjacent to the main NEG intrusive complex and is associated with a previously defined structure that may have also been intercepted in 25IWBRC142 approximately 120m along strike to the southwest. • Results continue to demonstrate the discovery potential across the large- scale intrusive complex at NEG, which remains largely underexplored. Next Steps - NEG • RC drilling will follow up on the high-grade air-core intercepts within the Salusa Prospect, scheduled for April. • Air-core drilling (40-50 holes) to test the structural targets identified on the western margin of the NEG intrusive after heritage approvals are secured. ASX Announcement 19 January 2026 1 True width is unknown; only the down-hole width is reported. For further information or to ask questions in relation to this announcement, please visit our Investor Hub at https://yandalresources.com.au/link/Pm5zaP yandalresources.com.au | ASX:YRL 2 Commenting on the new results, Yandal Resources’ Managing Director, Mr. Chris Oorschot, said: “These air-core results continue to build on the discovery potential of the broader New England Granite target area. Our best intercept, which includes 2m @ 18.2g/t, is associated with an intrusive contact proximal to an interpreted northeast striking structure. This same structure may have also been intercepted 120m to the southwest with 2m @ 6.0g/t in 25IWBAC142. We will assess whether similar grades continue into fresh rock and test strike continuity associated with the intrusive contact. Positive results would signify another potential gold discovery within NEG. Today's results reinforce the potential we see in the structural targets identified on the western side of the 4km by 2km intrusive complex. We are particularly interested in the NEG01 target further to the north (Figure 3), given the prevalence of mineralisation along the deformed south margin. Once heritage clearances are received, we are well prepared to quickly respond with an expanded AC drilling program across the western side of NEG.” Yandal Resources Ltd (ASX: YRL, “Yandal Resources” or the “Company”) is pleased to report further assay results from the New England Granite (NEG) air-core (AC) drilling program (see Tables 2 and 3) within the Company’s 100%-owned Ironstone Well-Barwidgee (IWB) Gold Project (see Figures 5 and 6). Fire assay results from 38 AC holes (3,300m) have been received and reported within this release. The partially completed AC program tested the southern portion of the New England Granite, including the Salusa prospect, with 100m spaced east-west lines. The broader AC program seeks to systematically test large-scale structural targets (see Figure 3), mapping alteration and geochemical signatures that may be equivalent to those observed in the 2024 Siona gold discovery. Fire assay results highlight several significant intercepts attributed to interpreted structural features within the drilling area. Bottom-of-hole multi-element data from the AC drilling program is anticipated by the end of the March quarter. Further air-core drilling is scheduled across the western margin of the NEG and will commence once final heritage clearance has been received. This drilling will test high-priority structural targets, including NEG01-03 (see Figure 3). Initial follow-up RC drilling will be completed early in the June Quarter yandalresources.com.au | ASX:YRL 3 Figure 1: Cross-section showing AC drilling results from 25IWBAC173, with a simple preliminary interpretation of geology. The section location is shown in Figure 2. The section shows all drilling within +/- 50m of the section plane. yandalresources.com.au | ASX:YRL 4 NEG Air-Core Results Air-core results from all 38 holes completed in 2025 have been received. All results and drilling details are provided in Tables 2 and 3. Results include several significant intercepts from the Salusa Prospect within the broader Caladan target area, including: o 6m @ 6.3 g/t Au from 36m in 25IWBAC173, including  2m @ 18.2 g/t Au from 36m, o 2m @ 6.0g/t Au from 46m in 25IWBAC142, including  1m @ 11.3g/t Au from 46m, o 18m @ 0.3g/t Au from 24m in 25IWBAC134 The 25IWBAC173 intercept is associated with the contact between an intermediate intrusive dyke, and an unknown felsic unit (see Figure 1). The intermediate intrusive dyke is external to the main NEG complex with geophysical interpretation suggesting it is likely parallel to or sub-parallel to the main NEG intrusive contact. It should be noted that the high-grade nature of the first two metres and the distribution of 1m sample grades below indicate potential for smearing and potentially exaggerating the down-hole length of mineralisation. The 25IWBAC142 intercept is hosted within the NEG, proximal to the NEG intrusive margin and adjacent to an internal magnetic feature and lies 120m along strike of the southwest striking structure associated with the 25IWBAC173 intercepts (see Figure 2). 25IWBAC134 tests the northwest striking deformed NEG margin. The southwest striking, heavily sheared intrusive margin consistently hosts broad, low-grade gold mineralisation in both weathered and fresh rock. Structural perturbation in this deformed and mineralised southern contact is a priority for future AC drilling (see NEG-01 structural target in Figure 3). AC hole 25IWBAC168 is part of an AC line drilled 250m southeast of the Siona discovery (see Figure 4), and to assess for parallel northwest striking shear zones similar to the Siona Shear Zone, which hosts the 2024 gold discovery. Significant intercepts include: o 5m @ 1.6g/t Au from 49m in 25IWBAC168, including  1m @ 7.5g/t Au from 49m Geophysical interpretations have highlighted several Siona Shear Zone parallel features, and these results provide the first indication that they may represent mineralised structures of interest. The combined results correlate with observed structural features across the Salusa Prospect, including the intrusive margin, and both northwest and northeast-striking structural trends. The bottom-of-hole Au anomaly (greater than or equal to 0.025g/t Au) also highlights these trends. yandalresources.com.au | ASX:YRL 5 Figure 2: Plan showing Yandal drilling completed across the Salusa Prospect, located on the southern point of the NEG target area. The plan shows the AC drilling lines completed overlying a simplified bedrock geology plan with interpreted structures. The location of the 2150mN section is also shown. 2150mN Section 2450mN 2250mN 2050mN 1950mN 1850mN 2850mN 1500mN 250m 25IWBAC173 6m @ 6.3g/t Au Incl. 2m @ 18.1g/t Au 25IWBAC142 2m @ 6.0g/t Au Incl. 1m @ 11.3.1g/t Au 25IWBAC134 18m @ 0.3g/t Au New England Granite Bottom-of-hole Au anomaly Potential southwest trend yandalresources.com.au | ASX:YRL 6 Figure 3: Plan showing processed infill ground gravity dataset (BA267 1VD northwest shade linear colour scale) across the New England Granite area. The plan includes the updated interpretation of the intrusive margin and a preliminary interpretation of structures interacting with the intrusion. Western targets NEG01, NEG02, and NEG03 will be tested in the June Quarter. Broad structural targets, including Salusa and NEG01-NEG04, are shown along with the Figure 2 area. New England Granite Siona Salusa NEG01 NEG02 NEG04 NEG03 Figure 2 Area Figure 4 Area yandalresources.com.au | ASX:YRL 7 Figure 4: Plan showing Yandal drilling completed across the Siona Prospect, see figure 3 for location within the NEG target area. The plan shows the AC drilling lines completed, overlain by a simplified bedrock geology plan with interpreted structures. New England Granite Targeting The completion of diamond drilling across Siona in 2025 (see ASX release 21 May 2025) allowed a detailed set of geological observations to be made and analysed. The most significant observation made by Yandal Resources is that mineralisation develops wherever deformation occurs, both proximal and distal to the host intrusive margin. This observation has been reinforced by the 2025 RC drilling (See ASX release 14 April 2025) and the AC drilling results reported in this 3450mN 2850mN 250m 25IWBAC168 5m @ 1.6g/t Au New England Granite Siona Mineralisation Extents yandalresources.com.au | ASX:YRL 8 release. The observation highlights the suitability of granodiorite as a host for gold mineralisation. Geological observations from previous exploration work allow the development of a simple set of targeting criteria to prioritise structural targets derived from geophysics. The targeting criteria for the New England Granite include: - Targeting structures that interact with the intrusive margin with observable offsets (lateral or vertical); - Prioritise northwest-trending features and northeast-striking conjugate structures of a similar relative age within and adjacent to the intrusive margin; - Prioritise structures that are oblique to the granodiorite margin. In addition to the above, the concept of gold mineralisation occurring deep into the intrusive away from the intrusive contact is yet to be adequately tested. Figure 3 shows the priority structural targets that will be the focus of air-core drilling in 2026. Next Steps Once final heritage clearance is received, a 40-50 hole AC program will commence on the western side of the NEG, testing the structural targets highlighted in Figure 3. Bottom-of-hole multi- element results for the completed AC drilling are anticipated in the March Quarter. Results will be used to assess for Siona-style multi-element pathfinders. A small program of RC drilling will be undertaken early in the June Quarter to follow-up several of the higher-grade air-core intercepts reported in this release. yandalresources.com.au | ASX:YRL 9 Looking Ahead The Company maintains a strong cash position and a very active exploration schedule across 2026. Notable near-term activities and news flow include; Arrakis Discovery • Further assay results from the 2025 Arrakis RC (seven holes) and diamond drilling (two holes) program are anticipated throughout January; • Air-core results from three 400m spaced lines southeast of Arrakis are anticipated shortly; • RC and limited diamond drilling across 100m lines is scheduled to commence in March 2026; New England Granite Target Area • Further AC drilling testing structural targets on the western margin of the NEG is scheduled for the June Quarter; • Follow-up RC drilling across the Salusa Prospect is scheduled for the June Quarter; Flushing Meadows (MRE 268koz @ 1.1g/t Au, see Table 1) • Heritage surveys are scheduled for late in the March Quarter; Key Exploration Infrastructure • Preparations are underway for a ramp-up of exploration in Q1 CY2026 following the conclusion of the wet season, including the establishment of a 21-person camp and the expansion of the operational team. • Key management site visit in late January in preparation for the camp establishment and finalisation of exploration programs. Authorised by the board of Yandal Resources For further information, please contact: Chris Oorschot Managing Director Yandal Resources Limited +61 08 9389 9021 yandal@yandalresources.com.au Lucas Robinson Corporate Storytime +61 408 228 889 lucas@corporatestorytime.com yandalresources.com.au | ASX:YRL 10 About Yandal Resources Limited Yandal Resources has a portfolio of advanced gold exploration projects in the highly prospective Yandal and Norseman-Wiluna Greenstone Belts of Western Australia. Ironstone Well-Barwidgee Gold Project The 100% owned Ironstone Well-Barwidgee (IWB) Gold Project covers approximately 370km² of highly prospective and under-explored tenure located between the Jundee and Bronzewing mines in the northern Yandal Greenstone Belt. Yandal has an established Resource of 268,000oz of gold (see Table 1) at Flushing Meadows (within IBW) 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). The IWB project area also includes two new gold discoveries, the Arrakis and Siona Prospects, both made within the last twelve months. These outcomes were driven by the execution of a targeted exploration program that followed a systematic, geologically driven strategy that was developed in early 2023. The Arrakis prospect is hosted within the Caladan fold, and the Siona prospect is hosted within the New England Granite. Both discoveries are currently at an early stage but progressing well, with future activities focused on delineating the scale of each of the newly defined mineralised systems. The IWB Gold Project also includes several advanced prospects, where limited historic and YRL drilling has returned robust gold intercepts, indicating the potential for shallow oxide mineralisation. Both the early- stage and more advanced prospects are the focus of ongoing exploration. 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 JORC 2012 Resources totalling 182,200oz Au (see Table 1). The project has prospectivity for new shallow gold deposits adjacent to current Resources and in the footwall and hanging wall of the stratigraphy. Ground gravity survey data from the prior Quarter support ongoing structural/stratigraphic interpretations for 2026 targeting. yandalresources.com.au | ASX:YRL 11 Figure 5: Yandal Resource exploration Project locations within the Yandal Greenstone Belt. The Arrakis Prospect is located within the Caladan target area. King of the Hills Thunder Box Darlot Bellevue Kathleen Valley Mt Keith Wiluna Jundee Bronzewing Wiluna Leinster Ironstone Well- Barwidgee Mt McClure NEG |Siona Discovery Flushing Meadows Caladan | Arrakis Discovery 0 20 40 60 80km yandalresources.com.au | ASX:YRL 12 Figure 6: Yandal Resource exploration target areas and prospect locations within the northern Yandal Greenstone Belt. The Arrakis Prospect is located within the Caladan target area. yandalresources.com.au | ASX:YRL 13 Table 1 – Yandal Resources Ltd - Mineral Resource Summary Deposit Indicated Inferred Total Tonnes (‘000s) Grade (g/t) Au (oz) Tonnes (‘000) Grade (g/t) Au (oz) Tonnes (000’s) Grade (g/t) Au (Oz) Ironstone Well Flushing Meadows1 2,141 1.3 91,000 5,245 1.1 177,000 7,386 1.1 268,000 Mt McClure Challenger2 718 1.9 44,000 718 1.9 44,000 Success3 1,255 1.9 75,000 1,255 1.9 75,000 Parmelia4 252 2.1 17,000 252 2.1 17,000 HMS Sulphur5 1010 1.2 39,000 1010 1.2 39,000 Gilmore6 134 1.7 7,200 134 1.7 7,200 Sub-total - MMC 3,369 1.7 182,200 3,369 1.7 182,200 Grand-total7 2,141 1.3 91,000 8,614 1.3 359,200 10,755 1.3 450,200 Due to the effects of rounding, totals may not represent the sum of the individual components. 1. Reported above 0.5g/t Au lower cut-off grade; refer to Yandal Resources Ltd ASX announcement dated 4 November 2020 for full details. 2. Reported above 1.0g/t Au lower cut-off grade; refer to Yandal Resources Ltd ASX announcement dated 22 August 2022 for full details 3. Reported above 1.0g/t Au lower cut-off grade; refer to Yandal Resources Ltd ASX announcement dated 6 September 2022 for full details. 4. Reported above 1.0g/t Au lower cut-off grade; refer to Yandal Resources Ltd ASX announcement dated 20 September 2022 for full details. 5. Reported above 0.5g/t Au lower cut-off grade within this announcement 6. Reported above 1.0g/t Au lower cut-off grade within this announcement. 7. All Resources are reported as global estimates, not constrained by optimised pit shells. Competent Person Statement The information in this document related to Exploration Targets and Exploration Results, geology and data compilation is based on information reviewed or compiled by Mr Christopher Oorschot, a Competent Person who is a Member of The Australasian Institute Geoscientists. Mr Oorschot is the Managing Director of the Company, is a full-time employee and holds shares and options in the Company. Mr Oorschot has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking 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 Oorschot consents to the inclusion in this announcement of the matters based on this information in the form and context in which it appears. The information in this announcement that relates to the Flushing Meadows and Mt McClure Mineral Resource Estimates is based on information compiled and generated by Andrew Bewsher, an employee of BM Geological Services Pty Ltd (“BMGS”). Both Andrew Bewsher and BMGS hold shares in the company. BMGS consents to the inclusion, form and context of the relevant information herein as derived from the original resource reports. Mr Bewsher has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which is being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the JORC ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. YRL confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement. yandalresources.com.au | ASX:YRL 14 Forward Looking Statements This document may contain certain forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Yandal Resources Limited’s (Yandal’s) current expectations, estimates and projections about the industry in which Yandal operates, and beliefs and assumptions regarding Yandal’s future performance. When used in this document, words such as “anticipate”, “could”, “plan”, “estimate”, “expects”, “seeks”, “intends”, “may”, “potential”, “should”, and similar expressions are forward-looking statements. Although Yandal believes that its expectations reflected in these forward- looking statements are reasonable, such statements are subject to known and unknown risks, uncertainties and other factors, some of which are beyond the control of Yandal and no assurance can be given that actual results will be consistent with these forward-looking statements. Drilling results presented indicate geological potential for mineralisation but there can be no certainty that these results will eventually form part of a Mineral Resource Estimate. Table 2 – NEG target area air-core program collar location summary. Prospect/ Target Hole ID Hole type East (m) North (m) RL (mAHD) Azimuth (degrees) Dip (degrees) Total Depth (m) NEG 25IWBAC133 AC 295175 7011851 495.8 270 -60 145.00 NEG 25IWBAC134 AC 295263 7011846 495.7 270 -60 155.00 NEG 25IWBAC135 AC 295362 7011849 495.4 270 -60 92.00 NEG 25IWBAC136 AC 295461 7011847 495.4 270 -60 82.00 NEG 25IWBAC137 AC 294986 7012047 496.5 270 -60 122.00 NEG 25IWBAC138 AC 295082 7012050 496.5 270 -60 128.00 NEG 25IWBAC139 AC 295177 7012051 496.4 270 -60 109.00 NEG 25IWBAC140 AC 295278 7012060 496.4 270 -60 95.00 NEG 25IWBAC141 AC 295379 7012054 496.1 270 -60 84.00 NEG 25IWBAC142 AC 295478 7012049 496.1 270 -60 82.00 NEG 25IWBAC143 AC 294842 7012251 497.0 270 -60 131.00 NEG 25IWBAC144 AC 294960 7012259 497.2 270 -60 62.00 NEG 25IWBAC145 AC 295049 7012257 497.2 270 -60 72.00 NEG 25IWBAC150 AC 295146 7012256 497.1 270 -60 80.00 NEG 25IWBAC151 AC 295247 7012266 497.1 270 -60 92.00 NEG 25IWBAC152 AC 295331 7012255 496.7 270 -60 79.00 NEG 25IWBAC153 AC 295548 7012253 496.9 270 -60 60.00 NEG 25IWBAC154 AC 295292 7012443 497.5 270 -60 84.00 NEG 25IWBAC155 AC 295479 7012460 497.4 270 -60 50.00 NEG 25IWBAC156 AC 295582 7012450 497.7 270 -60 31.00 NEG 25IWBAC157 AC 295129 7012048 496.4 270 -60 100.00 NEG 25IWBAC158 AC 295429 7012052 496.1 270 -60 82.00 NEG 25IWBAC159 AC 295396 7011945 495.6 270 -60 82.00 NEG 25IWBAC160 AC 295504 7011956 495.5 280 -60 93.00 NEG 25IWBAC161 AC 295556 7011569 495.0 270 -60 91.00 NEG 25IWBAC162 AC 295537 7011498 494.9 270 -60 117.00 NEG 25IWBAC163 AC 295670 7012847 499.2 270 -60 18.00 NEG 25IWBAC164 AC 295780 7012842 499.8 270 -60 43.00 NEG 25IWBAC165 AC 295738 7012844 499.7 270 -60 44.00 yandalresources.com.au | ASX:YRL 15 Prospect/ Target Hole ID Hole type East (m) North (m) RL (mAHD) Azimuth (degrees) Dip (degrees) Total Depth (m) NEG 25IWBAC166 AC 295428 7013465 500.9 270 -60 79.00 NEG 25IWBAC167 AC 295490 7013451 501.3 270 -60 103.00 NEG 25IWBAC168 AC 295578 7013442 501.6 280 -60 103.00 NEG 25IWBAC169 AC 295046 7012151 496.6 270 -60 118.00 NEG 25IWBAC170 AC 295112 7012760 498.2 270 -60 101.00 NEG 25IWBAC171 AC 295319 7012149 496.3 270 -60 45.00 NEG 25IWBAC172 AC 295433 7012758 498.1 270 -60 80.00 NEG 25IWBAC173 AC 295545 7012755 498.3 270 -60 81.00 NEG 25IWBAC174 AC 295746 7012845 499.7 270 -60 72.00 Table 3 – NEG Target Area - Summary of significant air-core drilling assay results >0.1g/t Au with no more than 3m of continuous internal waste included unless otherwise stated. All intercept lengths are reported as down-hole lengths. Hole ID Sample type / Sub From (m) To (m) Interva l (m) Au (g/t) Comment 25IWBAC133 1m sample 42 43 1 0.2 Completely weathered 25IWBAC134 1m sample 24 42 18 0.3 Completely weathered 25IWBAC134 Including 24 29 5 0.7 Completely weathered 25IWBAC135 1m sample 50 52 2 0.9 Completely weathered 25IWBAC135 1m sample 78 80 2 0.3 Weakly weathered 25IWBAC136 1m sample 40 41 1 0.2 Completely weathered 25IWBAC137 1m sample NSA 0 25IWBAC138 1m sample NSA 0 25IWBAC139 1m sample NSA 0 25IWBAC140 1m sample 48 49 1 0.1 Moderately weathered 25IWBAC141 1m sample 29 30 1 0.1 Completely weathered 25IWBAC141 1m sample 44 45 1 0.2 Completely weathered 25IWBAC141 1m sample 69 71 2 0.2 Moderately weathered 25IWBAC142 1m sample 37 38 1 0.2 Completely weathered 25IWBAC142 1m sample 46 48 2 6.0 Completely weathered 25IWBAC142 Including 47 48 1 11.3 Completely weathered 25IWBAC142 1m sample 80 82 (EOH) 2 0.3 Weakly weathered 25IWBAC143 1m sample NSA 0 25IWBAC144 1m sample 42 43 1 0.8 Weakly weathered 25IWBAC144 1m sample 46 47 1 0.2 Weakly weathered 25IWBAC144 1m sample 52 53 1 1 Weakly weathered 25IWBAC145 1m sample NSA 0 25IWBAC150 1m sample 46 47 1 0.5 Completely weathered 25IWBAC150 1m sample 69 70 1 0.2 Completely weathered 25IWBAC151 1m sample NSA 0 25IWBAC152 1m sample 18 19 1 1.1 Completely weathered 25IWBAC152 1m sample 39 40 1 0.1 Completely weathered 25IWBAC153 1m sample NSA 0 25IWBAC154 1m sample 0 1 1 0.1 Transported cover yandalresources.com.au | ASX:YRL 16 Hole ID Sample type / Sub From (m) To (m) Interva l (m) Au (g/t) Comment 25IWBAC155 1m sample NSA 0 25IWBAC156 1m sample NSA 0 25IWBAC157 1m sample 55 58 3 0.3 Moderately weathered 25IWBAC157 1m sample 97 100 (EOH) 3 0.2 Weakly weathered 25IWBAC158 1m sample 52 53 1 0.1 Completely weathered 25IWBAC158 1m sample 81 82 (EOH) 1 0.2 Weakly weathered 25IWBAC159 1m sample 11 12 1 0.1 Completely weathered 25IWBAC159 1m sample 39 42 3 0.2 Completely weathered 25IWBAC159 1m sample 60 61 1 0.1 Moderately weathered 25IWBAC159 1m sample 79 82 (EOH) 3 0.1 Weakly weathered 25IWBAC160 1m sample 82 84 2 0.1 Moderately weathered 25IWBAC160 1m sample 91 93 (EOH) 2 0.5 Weakly weathered 25IWBAC161 1m sample NSA 0 25IWBAC162 1m sample 57 58 1 0.4 Moderately weathered 25IWBAC163 1m sample 4 5 1 0.1 Transported cover 25IWBAC164 1m sample NSA 0 25IWBAC165 1m sample 21 23 2 0.8 Moderately weathered 25IWBAC165 1m sample 30 32 2 0.2 Completely weathered 25IWBAC165 1m sample 36 37 1 0 Moderately weathered 25IWBAC165 1m sample 43 44 (EOH) 1 0.1 Weakly weathered 25IWBAC166 1m sample 36 37 1 0.2 Completely weathered 25IWBAC166 1m sample 47 56 9 0.2 Completely weathered 25IWBAC166 1m sample 77 78 1 0.2 Weakly weathered 25IWBAC167 1m sample 25 27 2 0.1 Completely weathered 25IWBAC167 1m sample 45 46 1 1 Completely weathered 25IWBAC167 1m sample 97 98 1 0.2 Weakly weathered 25IWBAC168 1m sample 36 40 4 0.2 Completely weathered 25IWBAC168 1m sample 49 54 5 1.6 Completely weathered 25IWBAC168 Including 49 50 1 7.5 Completely weathered 25IWBAC169 1m sample 113 116 3 0.1 Weakly weathered 25IWBAC170 1m sample 49 50 1 0.2 Completely weathered 25IWBAC170 1m sample 67 68 1 0.2 Completely weathered 25IWBAC171 1m sample NSA 0 25IWBAC172 1m sample NSA 0 25IWBAC173 1m sample 36 42 6 6.3 Completely weathered 25IWBAC173 Including 36 38 2 18.2 Completely weathered 25IWBAC174 1m sample NSA 0 NSA - no significant assays. yandalresources.com.au | ASX:YRL 17 Relevant Previous ASX Announcements • Siona Diamond Drilling Results, 21 May 2025 • New Prospect Defined at New England Granite, 15 April 2025 • Ironstone Well-Barwidgee Exploration Update, 25 February 2025 • Siona Results & RC Drilling Commences for 2025, 13 January 2025 • High-Grade Gold at Siona, 11 December 2024 • Further RC Drilling Results from Siona, 25 November 2024 • Siona Follow Up RC Drilling Commences, 1 November 2024 • RC drilling returns 78m @1.2g/t from New England Granite, 21 October 2024 • New England Granite Diamond Drilling Results, 24 September 2024 • IWB Soil Results & NEG Diamond Drilling Complete, 12 August 2024 ASX Announcement 19 January 2026 Page 18 Appendix 1 – Ironstone Well-Barwidgee Gold Project, NEG Air-Core Drilling JORC Code (2012) Table 1, Sections 1 and 2 Mr Christopher Oorschot, Managing Director of Yandal Resources, compiled the information in Section 1 and Section 2 of the following JORC Table 1 and is the Competent Person for those sections. The following Table and Sections are provided to ensure compliance with the JORC Code (2012 edition) requirements for the reporting of Exploration Results. Section 1 Sampling Techniques and Data Criteria JORC Code explanation Commentary Sampling techniques Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc.). These examples should not be taken as limiting the broad meaning of sampling. • Yandal Resources has completed multiple lines of air-core (AC) drilling across the core of the NEG target area. The drilling utilised an 85mm air-core blade reaming down to an average down-hole depth of 87m. Hole depths vary between 18m to 155m. All air-core holes were drilled to fresh rock or until blade refusal. Holes were drilled at an angle of -60° to the west. Groundwater was often encountered during the process of drilling; in the limited number of times where excessive water was encountered holes were close to the target depth. • Yandal Resources (YRL) air-core drilling samples were collected via a rig-mounted hydraulically operated cyclone and splitter. One split was collected for each meter and then sent to a lab for further analysis. Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. • For YRL Air-core drilling, the cone splitter is regularly cleaned and inspected. The 1m bulk samples are laid out on the ground in drill order. These samples are regularly inspected for contamination, and the volume of the bulk sample is monitored. The cyclone was routinely cleaned to ensure no material buildup. Aspects of the determination of mineralisation that are Material to the Public Report. In cases where ‘industry standard’ work has been done this would be relatively simple (e.g. ‘reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay’). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information. • AC drilling was used to obtain 1m samples from which a portion, between 1-3kg in weight, was dispatched to Intertek Minerals: samples were crushed and pulverised to produce a 50g charge for lead collection fire assay with OES (Optical Emission Spectroscopy) finish for gold determination with a 0.005ppm detection limit. ASX Announcement 19 January 2026 Page 19 Criteria JORC Code explanation Commentary Drilling techniques Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc). • For YRL Air-c