REVIEW OF OPERATIONS (CONTINUED) OUR OPERATIONS 22 WESTGOLD RESOURCES LIMITED GREENFIELDS EXPLORATION With a footprint of more than 1,200km2 across the Murchison, and since this year, an additional 2,000km2 in the Southern Goldfields – Westgold has an expansive exploration portfolio presenting significant opportunities for new discoveries. Following the merger with Karora, our team undertook a comprehensive review to refine our target pipeline to incorporate the expanded exploration footprint. A number of greenfield activities which were already in train in the Murchison region progressed as planned during the year - with multiple targets tested and a clear process in place for followup and reprioritisation based on drilling outcomes and geological assessments. In the Southern Goldfields, greenfield targeting was refined and drill testing commenced. In addition, a large piece of work was completed at Beta Hunt, where modern 3D exploration focused geological modelling was undertaken to support identification and advancement of new targets. Heritage and access considerations are consistently incorporated into the planning process, ensuring that exploration activities proceed efficiently and in accordance with regulatory and community expectations. SUMMARY TABLE: FY25 GREENFIELDS EXPLORATION BY REGION AND PROJECT Region Project/Area Activities and Progression Murchison Nannine, Labouchere AC drilling (Sep 2024) with follow-up RC drilling (Dec 2024) and ongoing prioritisation and planning (Mar–Jun 2025) Mountain View, Champion RC drilling (Sep–Dec 2024) delivered encouraging results; further assessment ongoing. Peak Hill, Five Ways, Murphy Creek RC and AC drilling (Sep 2024–Jun 2025); completion of programs; results pending/follow-up planned. Reedy, Jubilee, Meekatharra North New programs commenced or planned (Jun 2025); results pending or in planning. Southern Goldfields Beta Hunt (Mason Target) 3D exploration model built (Dec 2024); Mason Target prioritised for drilling (Mar–Jun 2025) Higginsville (Erin, Bandido, Spargos, Vines– Erin, Barcelona) RC and diamond drilling (Dec 2024–Jun 2025) with mixed results. Some targets discontinued, others results pending or next steps in planning,
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