Earnings release
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ASX: RXL ASX Announcement 20 October 2026 Page 1 September 2026 Quarterly Activities Report Highlights: Youanmi Gold Mine • Youanmi fully permitted following the granting of final works approval early in the quarter • Processing plant construction progressing to plan and 39% complete at quarter end. • A total of 1,665m of lateral underground development completed • Ore mined totalled 20 kt at 2.75 g/t Au for 1.8 koz, while the surface stockpile reached 48 kt at 3.05g/t Au for 4.7 koz, both ahead of the DFS schedule • Underground diamond drilling returned significant results at United North , with the infill drilling program remaining on schedule • Surface growth program commenced down dip of United North • Power supply contract executed, with the oxygen supply contract the only remaining major contract and close to execution • Updated Youanmi Mineral Resources and Ore Reserves, with growth of 4% to 2,195 koz and 8% to 727 koz respectively Corporate • Financial Close achieved after quarter end, with first drawdown completed on 2 October 2026 • Cash balance of $59.3 million at 30 September 2026, followed by a $90.2 million drawdown after quarter end • Native title agreement executed with Badimia Barna Native Title Claim Applicant, covering the Youanmi Gold Mine project area West Australian gold development company Rox Resources Limited (“Rox” or “the Company”) (ASX: RXL) is pleased to present its quarterly report for the period ended 30 September 2026. Managing Director & CEO Mr Phillip Wilding commented: “Works have continued to accelerate at the Youanmi Gold Mine over the last quarter, with mining activity increasing, processing plant advancing , underground drilling underway and high-grade surface ore stockpiles building. “EPC contractor Interquip has made strong progress with processing plant construction, with the several key long-lead items either now in count ry or en route. Coupled with tailings stor age facility construction tracking ahead of schedule, this keeps Rox firmly on track to achieve first gold in mid-CY2027. “Mining has continued to ramp up following the introduction of a second development team focus ed on advancing Youanmi Main . Underground development rates continue to exceed DFS expectations, while surface stockpiles are larger and higher grade than forecast. I nfrastructure is also in place to support production stoping commencing in the December quarter. Underground d iamond drilling is delivering
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Page 2 encouraging results, with several areas exceeding expectations from the recent Mineral Resource update, further de-risking the start-up of Youanmi. “Growth drilling has commenced in the deeper sections of United North, targeting resource conversion and potential resource growth down dip of the orebody. This work is intended to support Rox’s aspiration to deliver an expanded mine plan and mine life, targeting production of 150,000oz per annum. “It has been a transformational quarter at the Youanmi Gold Mine , with further activity planned over the coming quarter as we continue to execute our pathway to production and move closer to establishing Rox as one of Western Australia’s next gold producers.” Mining Operations During the September quarter, Rox achieved total underground lateral development advance of 1,665m, bringing total advance to 3,795m across the Youanmi Gold Mine (see Figure 1 and Figure 2). This represents a 49% increase in lateral development compared with the June quarter, supported by the mobilisation of a second development jumbo in June Ore drive development commenced on the United North 2356, 2341 and 2325 levels, with a total of 20,584t @ 2.75 g/t Au, containing 1,818 oz of gold, delivered to the run-of-mine (ROM) stockpile. Total ROM stocks at quarter end stood at 47,955t @ 3.05 g/t Au , containing 4,700 oz of gold and ahead of schedule in comparison to the Definitive Feasibility Study (DFS). Establishment of the return airway system continued, with the exhaust raise completed to the 2280 level. Temporary primary ventilation fans were also installed underground , providing additional airflow and enabling development to advance across additional mining levels. Importantly, the first United North escapeway to surface was installed ahead of planned stoping commencement in the December quarter. Development at Youanmi Main focused on rehabilitati ng the existing decline and advancing capital infrastructure headings for primary ventilation, escapeways, dewatering and power. Establishment of initial level access points for ore development also commenced. Underground diamond drilling continued at United North, with 9,622m of grade control drilling completed during the quarter.
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Page 3 Figure 1 – Development progress at United North Figure 2 – Development progress at Youanmi and Pollard Declines (as built)
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Page 4 Processing Plant Construction Interquip and Glencore Technology continued to advance detailed design of the Youanmi Processing Plant (Figure 3), with construction drawings issued to support on-site works. Figure 3 – Youanmi Processing Plant working layout Fabrication of the ball mill and crushers is complete, with equipment either in Perth or en-route. Albion leach tank platework is nearing completion, with two shipments having departed port and trial assemblies of the remaining tanks underway ( Figure 4). The IsaMill is also nearing completion and is scheduled for delivery to Perth during the December Quarter. Overall, equipment delivery and construction remains on schedule, supporting Rox’s target of first gold in mid-CY2027. Figure 4 – Albion Leach tank trial assembly at fabrication workshop
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Page 5 Contract negotiations for the final remaining major contract, the oxygen supply agreement, are nearing completion. Site civil works continued in line with schedule during the quarter (Figure 5), with key construction milestones achieved, including: • Completion of all ring beam footings for the CIL tanks. • Platework and strake welding completed on six CIL tanks, with the remaining two tanks well advanced, • Concrete pours completed for the crusher footings, screen house, conveyor footings, fine ore bin, ball mill raft slab, IsaMill raft slab and thickener tank footings, • Construction of ring beam footings for the Albion leach tanks, • Warehouse concrete slab poured, with shed construction commenced, • In-ground services installation commenced for the power station. Figure 5 – Youanmi Processing Plant construction Tailings Storage Facility Construction of the new tailings storage facility (TSF3) commenced during the quarter, with vegetation clearing and topsoil stripping & stockpiling completed. Bulk earthworks are progressing on the starter dam embankment, diversion drain and cut-off trench (Figure 6 ), alongside clearing of the tailings pipeline corridor. Figure 6 – Youanmi Tailings Storage Facility earth works
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Page 6 Project Permitting Rox obtained the final major approval in July , with the granting of the Works Approval , completing the permitting requirements for construction and operation of the Youanmi Gold Mine. Updated Mineral Resource and Ore Reserve Estimate The Company released an updated Mineral Resource and Ore Reserve estimate during the quarter (see ASX announcement “Annual Update to Mineral Resources and Ore Reserve at Youanmi Gold Mine” on 9 September 2026), following completion of the surface drilling campaign at United North earlier in the year1. The update excludes results from the Interceptor surface drilling program and the recently commenced underground grade control drilling program, as these were received after the estimation cut-off date. The most significant change to the updated Mineral Resource Estimate w as an increase in surface Indicated Resources, with tonnes increasing by approximately 34% and contained gold ounces increasing by approximately by 31%. The updated Ore Reserve is 4.8 Mt @ 4.7 g/t for 727koz of contained gold, representing an 8% increase on the 30 October 2025 Ore Reserve after accounting for depletion to 30 June 2026. A summary of the 2026 Mineral Resources and Ore Reserves is provided in Tables 1 and 2. Mine Geology During the quarter, ore drive development co ntinued ahead of the production rate scheduled in the DFS, with the 2356 and 2341mRL ore drives extending approximately 125m further along strike than originally designed in the DFS (Figure 7). Previously reported 2 surface drilling supported the extension to these ore drive s. This was further corroborated by underground infill drilling (Figure 8) and production face sampling (Figure 7). Preparation works for production stoping on both levels are complete, stope planning has commenced and production drilling was scheduled to commence in mid-October 2026 Underground diamond drilling completed within the quarter infilled the southern end of United North down to the 2295mRL ore drive level, where development has since commenced (Figure 8). Underground drilling to date has confirmed grade estimates in the 2025 Mineral Resource Estimate3 which underpinned the DFS, while also identifying areas of potential upside. These include high-grade plunging shoots identified through core and face mapping. Grade control modelling parameters were updated to reflect the new statistics generated for the United North Mineral Resource Estim ate. Grade control estimation for mining has since been completed , supporting the next stage of stope planning. 1 ASX RXL 21st April 2026, “Drilling identifies high-grade ounces outside of DFS mine plan” 2 ASX RXL 21st April 2026, “Drilling identifies high-grade ounces outside of DFS mine plan” 3 ASX RXL 21st July 2025, “Underground Resource Increased to 2.1 Moz”
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Page 7 Table 1. Summary of Mineral Resources – 2026 Mineral Resource Estimate Measured Indicated Inferred Total Mt g/t Au koz Au Mt g/t Au koz Au Mt g/t Au koz Au Mt g/t Au koz Au Surface - - - 1.0 2.0 62 0.6 1.4 25 1.5 1.8 87 Underground - - - 7.5 6.4 1,541 3.4 5.2 563 10.9 6.0 2,105 Stockpiles - - - 0.0 3.1 3 - - - 0.0 3.1 3 Total - - - 8.5 5.9 1,606 3.9 4.7 588 12.4 5.5 2,195 Explanatory Notes: 1. The Mineral Resource is classified in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code) 2012 edition; 2. Tonnes are reported as million tonnes (Mt) and rounded to the nearest 100,000; grade reported in grams per tonne (g/t) to the nearest tenth; gold (Au) ounces are reported as thousands rounded to the nearest 1,000; 3. The surface portion of the Mineral Resource is above the top of fresh rock, and above 0.5 g/t Au cut-off grade; 4. The Underground Resource is the portion of the Mineral Resource below the top of fresh rock, and above a 2.5 g/t Au cut-off grade; and 5. Due to rounding, some numbers in this table may not add up. Table 2. Summary of Ore Reserves - 2026 Ore Reserve Estimate Proved Probable Total Mt g/t Au koz Au Mt g/t Au koz Au Mt g/t Au koz Au Youanmi 0 0.0 0 4.7 4.8 724 4.7 4.8 724 ROM & Stockpiles 0 0.0 0 0.0 3.1 3 0.0 3.1 3 Total 0 0.0 0 4.8 4.7 727 4.8 4.7 727 Explanatory Notes: 1. The reported Mineral Resources are inclusive of the Ore Reserves and surface stockpiles; 2. Tonnes are reported as million tonnes (Mt) and rounded to the nearest 100,000; grade reported in grams per tonne (g/t) to the nearest tenth; gold (Au) ounces are reported as thousands rounded to the nearest 1,000; 3. The Ore Reserve has been estimated using cut-off grades calculated on a gold price of A$3,200/oz; and 4. Due to rounding, some numbers in this table may not add up.
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Figure 7 – United North 2356mRL & 2341mRL ore drive development vs. DFS Mine Plan *Cautionary Note: Channel samples from advancing development on the 2356mRL & 2341mRL levels are operational in nature and are not equivalent to resource definition drilling.
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Page 9 Figure 8 – United North upper levels drilling results
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Table 3 – United North underground previously reported drilling intercepts shown in Figure 8 Hole ID Hole Type From (m) To (m) Interval (m) Au (ppm) Gram Metres Date reported RXRC129 RC 190.00 198.00 8.00 2.10 16.78 20/01/2020 incl. 194.00 195.00 1.00 6.28 6.28 20/01/2020 RXRC369 RC 131.00 135.00 4.00 7.20 28.80 19/04/2021 incl. 131.00 133.00 2.00 12.60 25.20 19/04/2021 RXRC390 RC 138.00 143.00 5.00 5.96 29.80 08/07/2021 RXRC402 RC 151.00 168.00 17.00 5.14 87.38 12/08/2021 incl. 156.00 167.00 11.00 7.00 77.00 12/08/2021 RXRC410 RC 184.00 196.00 12.00 4.46 53.52 09/09/2021 incl. 186.00 189.00 3.00 7.73 23.19 09/09/2021 RXRC430 RC 180.00 185.00 5.00 6.33 31.65 29/11/2021 incl. 182.00 185.00 3.00 9.35 28.05 29/11/2021 RXRC581 RC 126.00 134.00 8.00 2.05 16.39 21/04/2026 RXRC582 RC 126.00 130.00 4.00 3.59 14.35 21/04/2026 RXRC583 RC 139.00 143.00 4.00 4.41 17.64 21/04/2026 RXRC600 RC 120.00 125.00 5.00 14.11 70.53 21/04/2026 incl. 120.00 122.00 2.00 30.35 60.70 21/04/2026 UNN26_002 UGDD 110.55 113.80 3.25 4.72 15.34 17/08/2026 incl. 111.00 113.80 2.80 5.11 14.32 17/08/2026 UNN26_003 UGDD 105.10 111.55 6.45 1.82 11.73 16/07/2026 UNN26_004 UGDD 131.58 136.18 4.60 9.60 44.18 16/07/2026 incl. 132.00 135.00 3.00 13.62 40.85 16/07/2026 UNN26_009 UGDD 113.83 124.23 10.40 2.65 27.56 17/08/2026 incl. 119.86 124.23 4.37 4.96 21.68 17/08/2026 UNN26_011 UGDD 108.00 113.00 5.00 6.39 31.93 17/08/2026 incl. 110.83 112.10 1.27 22.36 28.39 17/08/2026 UNN26_012 UGDD 118.50 124.63 6.13 2.96 18.16 17/08/2026 incl. 119.00 120.36 1.36 8.62 11.72 17/08/2026 and 123.49 124.63 0.55 6.24 3.43 17/08/2026 UNN26_014 UGDD 128.70 133.92 5.22 2.20 11.51 17/08/2026 incl. 128.70 129.60 0.90 7.63 6.87 17/08/2026 UNN26_014 UGDD 220.70 222.94 2.24 39.33 88.10 17/08/2026
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Page 11 Youanmi Exploration During the quarter, surface resource definition at the Interceptor prospect, which commenced in the first quarter of CY 2026, was completed. Interceptor, located approximately 100m to the west of and parallel to the Main -Prospect lode trend , returned multiple high-grade intercepts, supporting the mine plan and highlighting potential to extend mineralisation along strike, down dip and plunge. A structural deformation study was completed alongside regional aeromagnetic interpretation. This work informed the 2026 Mineral Resource Estimate (released 9 September 2026) and provided a framework for identifying multiple structural analogue targets across the Company’s tenure. For the remainder of CY2026, Rox’s Youanmi exploration and resource definition drilling programs shifted focus to the Youanmi Deeps targets, with three key objectives: • Resource conversion: Upgrade Inferred Resources to Indicated Resources (Figure 9). • Resource growth: Identify additional Inferred Resources (Figure 9), and • Plunge exploration: Test extensions to known mineralisation (Figure 10) The diamond drilling program is underway and is expected to continue into early CY2027, alongside ongoing underground drilling operations.
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Page 12 Figure 9 – 2026 Ore Reserves & Mineral Resource Conversion and Resource Growth drilling target areas
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Page 13 Figure 10 – Plunge Exploration Project area
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Page 14 Hope Exploration During the quarter, p lanning and reconnaissance activities commenced to assess the Hope prospect, located approximately 4km northeast of Youanmi Main. The Hope prospect lies on a granite contact offset along the Youanmi Shear Zone, with structural similarities to the Youanmi mineralisation setting (Figure 11). Initial aircore drilling is planned to test the geochemical signature of this area, with deeper drilling planned to follow up any favourable assay results. Regional Exploration Interpretation of the detailed aeromagnetic survey data acquired and compiled in 2025 was completed during the quarter. Initial analysis identified a previously unexplored target area with structural similarities to the Youanmi mine, located within 20km of the Youanmi processing plant currently under construction (Figure 11). Reconnaissance and geological mapping planned for the December quarter will help refine these targets ahead of the design of initial drill programs. Figure 11 – Simplified aero-magnetic interpreted geology map
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Page 15 Construction of site infrastructure Works commenced on the supply and installation of the administration and processing office facilities, with completion expected before the end of CY2026. Construction of the accommodation camp is now complete, following the completion of the fourth and fifth accommodation blocks. Refurbishment of the former dry mess into a new wet mess and social facility has commenced, further enhancing onsite accommodation and amenities (Figure 12). Figure 12 – Completed camp During the quarter, a water exploration drilling program was completed to identify potential supplies of 1 litre per second (“L/s”) of potable water and up to 13 L/s raw water. The program comprised 17 test bores drilled to varying depths, with potential yields assessed through airlifting, and water quality testing. Of these 17 test bores, 4 were identified as having strong water supply potential, with production bores and adjacent monitoring bores subsequently installed. Constant-rate pumping tests on these 4 bores are scheduled for the December quarter, with bore field design and cost estimates to follow. Native Title Agreement A Native Title Mining Agreement (“Agreement ”) has been entered into by Rox Resources Limited and its wholly owned subsidiary Rox (Murchison) Pty Ltd with the authorised representatives of the Badimia Barna Native Title Claim Applicant (WAD 258/2024). (see ASX announcement dated 19 August 2026). The Agreement provides consent from the Badimia Barna Native Title Claim Applicant for the grant and renewal of future project tenements and approvals required for project development, mining and exploration activities across the Company’s tenements. It covers Rox's existing project tenure and future tenement applications within the defined project area. The Agreement also establishes a framework for ongoing cooperation between the parties covering heritage protection, environmental consultation, employment, training and contracting opportunities. The Agreement also includes a package of financial benefits, comprising an upfront payment and a production-based royalty.
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Page 16 For Rox, the Agreement reflects a shared commitment to the responsible development of the Youanmi Gold Mine and establishes a foundation for a constructive, long-term relationship with the Badimia people. Pathway to Production Rox’s indicative pathway to production remains on track (Figure 13), with key milestones achieved and the following activities underway: • Definitive Feasibility Study released in November 2025 . • Project funding secured, including: o $200m Placement and $18m Share Purchase Plan completed in December 2025, finalising the equity funding component. o $350m Debt Financing facilities secured in March 2026, with Financial Close and first drawdown completed in October 2026. • Final Investment Decision approved by the Board in March 2026. • Final environmental approval received in July 2026. • Dewatering of the Main Pit completed, with dewatering of the historic Youanmi underground workings continuing. • Mining works underway across all planned declines, with ore stockpiling commenced • Underground Infill drilling commenced. • Interquip EPC contract executed, with processing plant construction progressing to plan. Next steps • Finalise the oxygen supply agreement, the last remaining major project contract, with a preferred supplier selected and an early works agreement in place. • Continue advancing near-mine and regional exploration targets. • Advance underground development across all declines and continue building the ore stockpile ahead of production.
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Page 17 Figure 13 – Indicative Pathway to Production Key Project Milestones Deliverables Drilling Definition, Extension, Growth Camp Construction Design Mill Construction Mill Commissioning Related Infrastructure Construction Dewatering Youanmi Stope ProductionY ouanmi Development United North Stope Production Q4 DFS Q4 Resource Definition, Growth and Exploration Drilling Processing Plant Construction Phase 1 60 Rooms MDCP Plant & Tails Mill Commission PV (Solar) InstallationConstruction of Tailings Storage Facility, Power Station, Oxygen Facility CY27 Q1 Q2 CY26 Funding and FID Mill construction and commissioning First gold CY25 Operating Q3 Q4Q2 Q3 Commissioning Ore Stockpile B uild - target 190kt at 3.3g/t A u Underground Mining Plant Engineering Drawings and Early Component Orders Q1 Ancillary Processing Mining United North Development Pollard Development Approvals Processing Plant Ground Works Works Approvals Main pit and start of Youanmi UG Underground Dewatering Phase 2 - 240 Rooms and Dry Mess DELIVERED
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Page 18 Corporate Financial Close and First Drawdown of Debt Facilities On 2 October 2026, shortly after the end of the Quarter, the Company achieved Financial Close on its $350 million Debt Facilities 4. The first utilisation of $90.2 million was drawn under the $300 million Senior Secured Project Term Loan Facility, whilst the first utilisation of $4 million was drawn under the Bank Guarantee Facility to support construction and operation of the LNG Facility. Following the initial utilisation, $229.8 million remains available for drawdown under the Project Debt Facility and the Cost Overrun Facility. Financials As at 30 September 2026, the Company’s cash balance was $59.3 million, a decrease of $93.4 million from 30 June 2026. The primary cash movements for the quarter were as follows: Description $m Interest & other income 1.8 Exploration and evaluation expenditure (2.7) Administration, employee and office expenditure (2.6) Mine production expenditure (3.2) Mine development expenditure (19.7) Acquisition of property plant & equipment (65.6) Debt facility transaction costs and lease payments (1.4) Total cash movement (93.4) Payments to related parties of the entity and their associates totalled $ 412k and consisted of Executive Director remuneration and Non-Executive Director Fees. Authorisation This announcement is authorised for release by the Board of Rox Resources Limited. --- Ends --- For further information, please contact: Investor Inquiries Phillip Wilding Managing Director & CEO Rox Resources Limited admin@roxresources.com.au +61 8 9226 0044 Rox Resources Limited ABN 53 107 202 602 Level 1, 87 Colin Street, West Perth WA 6005 www.roxresources.com.au Media Inquiries Cara Kennedy Senior Consultant SPOKE cara@hellospoke.com.au +61 477 771 795 4 As defined in the ASX Announcement dated 9 March 2026 “Youanmi Fully Funded to Production”
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Page 19 About Rox Resources Limited Rox Resources (ASX: RXL) is a West Australian focused gold development company. It is the 100% owner of the historic Youanmi Gold Mine near Mt Magnet, approximately 480 kilometres northeast of Perth. The Company’s focus is on the development of the high-grade, high-margin Youanmi Gold Mine that hosts a global mineral resource of 12.4Mt at 5.5g/t for 2. 2Moz of gold. With a clear strategic and execution plan to production, Rox Resources offers significant value to its investors. Corporate Information Shares on issue 1,393.8 million as at 30 September 2026 Cash at bank $59.3 million as at 30 September 2026 Board Mr Stephen Dennis (Non-Executive Chairman) Mr Phillip Wilding (Managing Director & CEO) Mr Nathan Stoitis (Non-Executive Director) Mr David Boyd (Non-Executive Director) Mr Alan Rule (Non-Executive Director) Major shareholders L1 Capital Pty Ltd 19.1% Hawke’s Point Holdings (RRL) L.P. 13.4% QGold Pty Ltd 12.1% (related relevant interest) (As per last lodged substantial holding notices , adjusted for shares issued during the quarter ended 30 September 2026)
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Page 20 Competent Person Statement Exploration Results The information in this report that relates to Data and Exploration Results is based on information compiled and reviewed by Jonathan Streeter a Competent Person who is a Fellow Member of the Australian Institute of Geoscientists (AIG), GM Geology at Rox Resources and holds performance rights in the Company. The aforementioned has sufficient experience that is relevant to the style of mineralisation and type of target/deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in t he 2012 Edition of the Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Streeter consents to the inclusion in the release of the matters based on the information in the form and context in which it appears. Where reference is made to previous releases of exploration results in this report, the Company confirms that it is not aware of any new information or data that materially affects the information included in those announcements and all material assumptions and technical pa rameters underpinning the exploration results included in those announcements continue to apply and have not materially changed. The information in this report that relates to previous Exploration Results was prepared and first disclosed under the JORC C ode 2012 and has been properly and extensively cross-referenced in the text to the date of the original announcement to the ASX. Resource Statements The information in this report that relates to Mineral Resources at the Youanmi Gold Project is based on information compiled by Steve Le Brun, a Competent Person who is a Fellow of the Australian Institute of Geoscientists (FAIG) and a Fellow of the Australian Institute of Mining & Metallurgy (FAusIMM). Mr Le Brun is the Principal Resource Geologist for Rox Resources and holds shares and performance rights in the Company. Mr L e Brun 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 Le Brun consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. Ore Reserves The information in this announcement that relates to Ore Reserves is based on information compiled by Daniel Marchesi, a Comp etent Person who is a Member of the Australasian Institute of Mining and Metallurgy and a full- time employee of Rox Resources Limit ed. Mr Marchesi has sufficient experience which 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 Marchesi consents to the inclusion in this announcement of the matters based on this information in the form and context in which it appears Forward‐Looking Statements Certain statements in this announcement relate to the future, including forward -looking statements relating to the Company and its business (including its projects). Forward ‐looking statements include, but are not limited to, statements concerning Rox Resources Limited planned exploration program(s) and other statements that are not historical facts. When used in this document, the words such as "cou ld," "plan," "estimate," "expect," "intend," "may”, "potential," "should," and similar expressions are forward looking statements. These forward-looking statements involve known and unknown risks, uncertainties, assumptions, and other important factors that could cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such statements. Actual events or results may differ materially from the events or results expressed or implied in any forward-looking statement and deviations are both normal and to be expected. Neither the Co mpany, its officers nor any other person gives any representation, assurance or guarantee that the events or other matters expressed or implied in any forward -looking statements will actually occur. You are cautioned not to place undue reliance on those statements.
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Page 21 Appendix 1 Schedule of Mining Tenements 30 September 2026 Project Tenement Number Interest Interest held Youanmi Gold Project, WA E57/1121 All Minerals 100% E57/1122 All Minerals 100% E57/1123 All Minerals 100% E57/1236 All Minerals 100% E57/1237 All Minerals 100% E57/1387 All Minerals 100% E57/1425 Application 0% E57/1477 All Minerals 100% E57/1492 Application 0% E57/1493 Application 0% E57/1500 Application 0% L57/0058 Airstrip 100% L57/0059 Infrastructure 100% M57/0010 All Minerals 100% M57/0051 All Minerals 100% M57/0075 All Minerals 100% M57/0097 All Minerals 100% M57/0109 All Minerals 100% M57/0135 All Minerals 100% M57/0160A All Minerals 100% M57/0164 All Minerals 100% M57/0165 All Minerals 100% M57/0166 All Minerals 100% M57/0167 All Minerals 100% Youanmi - Sandstone Youanmi JV E57/0985 Gold Rights 90% E57/0986 Gold Rights 90% E57/1011-1 Gold Rights 90% Youanmi, WA E57/0982 Gold Rights 100% E57/1018 Gold Rights 100% E57/1019 Gold Rights 100% E57/1023-I Gold Rights 100% E57/1078 Gold Rights 100% Youanmi - Currans JV, WA 1 M57/0641 Gold Rights1 90%1 M57/0642 Gold Rights1 90%1 Notes: 1. 90% interest in Gold Rights and 45% interest in all other minerals 2. No tenements were acquired or disposed of in the quarter
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Rule 5.5 ASX Listing Rules Appendix 5B (17/07/20) Page 1 + See chapter 19 of the ASX Listing Rules for defined terms. Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report Name of entity Rox Resources Limited ABN Quarter ended (“current quarter”) 53 107 202 602 30 September 2026 Consolidated statement of cash flows Current quarter $A’000 Year to date (3 months) $A’000 1. Cash flows from operating activities -)))) -)))) 1.1 Receipts from customers 1.2 Payments for (2,684) (2,684) (a) exploration & evaluation (b) development -)))) -)))) (c) production (3,224) (3,224) (d) staff costs (542) (542) (e) administration and corporate costs (2,030) (2,030) 1.3 Dividends received (see note 3) -)))) -)))) 1.4 Interest received 1,817) 1,817) 1.5 Interest and other costs of finance paid -)))) -)))) 1.6 Income taxes paid -)))) -)))) 1.7 Government grants and tax incentives -)))) -)))) 1.8 Other (provide details if material) -)))) -)))) 1.9 Net cash from / (used in) operating activities (6,663) (6,663) 2. Cash flows from investing activities -)))) -)))) 2.1 Payments to acquire or for: (a) entities (b) tenements -)))) -)))) (c) property, plant and equipment (65,587) (65,587) (d) exploration & evaluation -)))) -)))) (e) investments -)))) -)))) (f) other (mine development - assets under construction) (19,673) (19,673)
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Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report ASX Listing Rules Appendix 5B (17/07/20) Page 2 + See chapter 19 of the ASX Listing Rules for defined terms. Consolidated statement of cash flows Current quarter $A’000 Year to date (3 months) $A’000 2.2 Proceeds from the disposal of: -)))) -)))) (a) entities (b) tenements -)))) -)))) (c) property, plant and equipment -)))) -)))) (d) investments -)))) -)))) (e) other non-current assets -)))) -)))) 2.3 Cash flows from loans to other entities -)))) -)))) 2.4 Dividends received (see note 3) -)))) -)))) 2.5 Other (provide details if material) -)))) -)))) 2.6 Net cash from / (used in) investing activities (85,260) (85,260) 3. Cash flows from financing activities -)))) -)))) 3.1 Proceeds from issues of equity securities (excluding convertible debt securities) 3.2 Proceeds from issue of convertible debt securities -)))) -)))) 3.3 Proceeds from exercise of options -)))) -)))) 3.4 Transaction costs related to issues of equity securities or convertible debt securities -)))) -)))) 3.5 Proceeds from borrowings -)))) -)))) 3.6 Repayment of borrowings -)))) -)))) 3.7 Transaction costs related to loans and borrowings (1,402) (1,402) 3.8 Dividends paid -)))) -)))) 3.9 Other (repayment of office lease liability) (81) (81) 3.10 Net cash from / (used in) financing activities (1,483) (1,483) 4. Net increase / (decrease) in cash and cash equivalents for the period 4.1 Cash and cash equivalents at beginning of period 152,666) 152,666) 4.2 Net cash from / (used in) operating activities (item 1.9 above) (6,663) (6,663) 4.3 Net cash from / (used in) investing activities (item 2.6 above) (85,260) (85,260) 4.4 Net cash from / (used in) financing activities (item 3.10 above) (1,483) (1,483)
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Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report ASX Listing Rules Appendix 5B (17/07/20) Page 3 + See chapter 19 of the ASX Listing Rules for defined terms. Consolidated statement of cash flows Current quarter $A’000 Year to date (3 months) $A’000 4.5 Effect of movement in exchange rates on cash held -)))) -)))) 4.6 Cash and cash equivalents at end of period 59,260) 59,260) 5. Reconciliation of cash and cash equivalents at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts Current quarter $A’000 Previous quarter $A’000 5.1 Bank balances 58,936) 112,342) 5.2 Call deposits 324) 40,324) 5.3 Bank overdrafts -)))) -)))) 5.4 Other (provide details) -)))) -)))) 5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above) 59,260) 152,666) 6. Payments to related parties of the entity and their associates Current quarter $A'000 6.1 Aggregate amount of payments to related parties and their associates included in item 1 412 6.2 Aggregate amount of payments to related parties and their associates included in item 2 -)))) Note: if any amounts are shown in items 6.1 or 6.2, your quarterly activity report must include a description of, and an explanation for, such payments.
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Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report ASX Listing Rules Appendix 5B (17/07/20) Page 4 + See chapter 19 of the ASX Listing Rules for defined terms. 7. Financing facilities Note: the term “facility’ includes all forms of financing arrangements available to the entity. Add notes as necessary for an understanding of the sources of finance available to the entity. Total facility amount at quarter end $A’000 Amount drawn at quarter end $A’000 7.1 Loan facilities 320,000) -)))) 7.2 Credit standby arrangements -)))) -)))) 7.3 Other (Bank Guarantee Facility) 30,000) -)))) 7.4 Total financing facilities 350,000) -)))) 7.5 Unused financing facilities available at quarter end 350,000) 7.6 Include in the box below a description of each facility above, including the lender, interest rate, maturity date and whether it is secured or unsecured. If any additional financing facilities have been entered into or are proposed to be entered into after quarter end, include a note providing details of those facilities as well. The Debt Facilities, announced on 7 April 2026, comprise a $300 million Senior Secured Project Term Loan Facility, a $20 million Cost Overrun Facility and a $30 million Bank Guarantee Facility, provided by a syndicate of lenders under the Syndicated Facility Agreement. During the quarter ended 30 September 2026, the Company satisfied all conditions precedent to the initial drawdown of the Debt Facilities. Subsequent to the end of the quarter, on 2 October 2026, the Company made its first drawdown of the Debt Facilities of $90.2 million under the Project Term Loan Facility and utilised $4 million under the Bank Guarantee Facility. (see ASX announcement “Financial Close and First Drawdown” on 5 October 2026) 8. Estimated cash available for future operating activities $A’000 8.1 Net cash from / (used in) operating activities (item 1.9) (6,663) 8.2 (Payments for exploration & evaluation classified as investing activities) (item 2.1(d)) -)))) 8.3 Total relevant outgoings (item 8.1 + item 8.2) (6,663) 8.4 Cash and cash equivalents at quarter end (item 4.6) 59,260) 8.5 Unused finance facilities available at quarter end (item 7.5) 350,000) 8.6 Total available funding (item 8.4 + item 8.5) 409,260) 8.7 Estimated quarters of funding available (item 8.6 divided by item 8.3) 61.42) Note: if the entity has reported positive relevant outgoings (ie a net cash inflow) in item 8.3, answer item 8.7 as “N/A”. Otherwise, a figure for the estimated quarters of funding available must be included in item 8.7. 8.8 If item 8.7 is less than 2 quarters, please provide answers to the following questions: 8.8.1 Does the entity expect that it will continue to have the current level of net operating cash flows for the time being and, if not, why not? Answer: Not applicable 8.8.2 Has the entity taken any steps, or does it propose to take any steps, to raise further cash to fund its operations and, if so, what are those steps and how likely does it believe that they will be successful? Answer: Not applicable
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Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report ASX Listing Rules Appendix 5B (17/07/20) Page 5 + See chapter 19 of the ASX Listing Rules for defined terms. 8.8.3 Does the entity expect to be able to continue its operations and to meet its business objectives and, if so, on what basis? Answer: Not applicable Note: where item 8.7 is less than 2 quarters, all of questions 8.8.1, 8.8.2 and 8.8.3 above must be answered. Compliance statement 1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A. 2 This statement gives a true and fair view of the matters disclosed. Date: 20 October 2026 Authorised by: The Board of Directors Notes 1. This quarterly cash flow report and the accompanying activity report provide a basis for informing the market about the entity’s activities for the past quarter , how they have been financed and the effect this has had on its cash position. An entity that wishes to disclose additional information over and above the minimum required under the Listing Rules is encouraged to do so. 2. If this quarterly cash flow report has been prepared in accordance with Australian Accounting Standards, the definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report. If this quarterly cash flow report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standards apply to this report. 3. Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity. 4. If this report has been authorised for release to the market by your board of directors, you can insert here: “By the board”. If it has been authorised for release to the market by a committee of your board of directors, you can insert here: “By the [name of board committee – eg Audit and Risk Committee] ”. If it has been authorised for release to the market by a disclosure committee, you can insert here: “By the Disclosure Committee”. 5. If this report has been authorised for release to the market by your board of directors and you wish to hold yourself out as complying with recommendation 4.2 of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations, the board should have received a declaration from its CEO and CFO that, in their opinion, the financial records of the entity have been properly maintained, that this report complies with the appropriate accounting standards and gives a true and fair view of the cash flows of the entity , and that their opinion has been formed on the basis of a sound system of risk management and internal control which is operating effectively.