Warriedar Resources (WA8) Q4 2025 TU earnings summary

Executive summary

• Achieved a maiden antimony Mineral Resource Estimate (MRE) at Ricciardo, now Australia's largest open-pit antimony resource, and significantly increased total gold-equivalent resources at Golden Range and Fields Find to 2.3Moz AuEq.

• High-grade gold and antimony mineralisation confirmed at Ricciardo and Azure Coast, with visible gold intersected for the first time at Ricciardo.

• Raised A$21.0 million through equity placement and oversubscribed share purchase plan, resulting in a robust cash position and zero debt.

Financial highlights

• Cash balance of A$24.4 million as at 30 June 2025.

• No debt, excluding typical trade creditors.

• Exploration and evaluation expenditure for the quarter was A$2.4 million.

• Payments to related parties during the quarter totaled A$114,000.

Outlook and guidance

• Well-funded to accelerate 2025 growth-focused drilling at Golden Range.

• Further gold and antimony drilling planned at Azure Coast in Q3 CY2025.

• Ongoing permitting process for Big Springs Project in Nevada, with next regulatory meeting scheduled.