Announcement PDF Far East Gold Ltd ABN 68 639 887 219 Financial Report - 30 June 2026 Far East Gold Ltd Corporate directory 30 June 2026 1 Directors Justin Werner Non-Executive Chairman Shane Menere Director and Chief Executive Officer Paul Walker Non-Executive Director Dr Christopher Atkinson Non-Executive Director Michael Thirnbeck Non-Executive Director Monique Tang (Herman De Groot) Non-Executive Director Justin (Van Overloop) Hastings Non-Executive Director Company secretary Kyla Garic Registered office Level 18/324 Queen Street Brisbane QLD 4000 Principal place of business Level 18/324 Queen Street Brisbane QLD 4000 Share register Automic Pty Ltd Level 5, 126 Philip Street Sydney NSW 2000 Auditor KPMG Level 11, 80 Ann Street Brisbane QLD 4000 Australian Solicitors Mills Oakley Level 23 66 Eagle Street Brisbane, Queensland 4000 Indonesian Solicitors Christian Teo & Partners District 8, Treasury Tower Floor 25-B Sudirman Central Business District Jl. Jend. Sudirman Kav. 52-53 Jakarta 12190 Indonesia Stock exchange listing Far East Gold Ltd shares are listed on the Australian Securities Exchange (ASX code: FEG) Website https://fareast.gold/home Far East Gold Ltd Directors' report 30 June 2026 2 The directors present their report, together with the financial statements, on the consolidated entity (referred to hereafter as 'the Group') consisting of Far East Gold Ltd (referred to hereafter as the 'Company' or 'parent entity') and the entities it controlled at the end of, or during, the year ended 30 June 2026. Directors The following persons were directors of Far East Gold Ltd during the whole of the financial year and up to the date of this report, unless otherwise stated: Justin Werner Non-Executive Chairman Shane Menere Director and Chief Executive Officer Dr Christopher Atkinson Non-Executive Director Paul Walker Non-Executive Director Michael Thirnbeck Non-Executive Director Monique Tang (Herman De Groot) Non-Executive Director Justin Van (Overloop) Hastings Non-Executive Director from 24 June 2026 Information on directors The Directors of the Company during or since the end of the financial year are as follows: Name: Justin Werner Title: Non-Executive Chairman. Appointed a Director on 20 March 2020 and Non-Executive Chairman on 15 July 2024. Qualifications: Bachelor of Management Experience and expertise: Justin has over 20 years’ mining experience and 10 years’ experience in capital markets. He has been involved in the mining industry for 20 years. He was a founding partner of PT Gemala Borneo Utama, a private Indonesian exploration and mining company, which developed a heap leach gold mine in West Kalimantan and also discovered the highly prospective Romang Island with then ASX listed Robust Resources Limited. Prior to developing projects in Indonesia, Justin worked as a consultant, leading many successful turnaround projects for blue chip mining companies around the world including Freeport McMorran (Grasberg deposit, Indonesia where he spent 2 years), Lihir Gold (Lihir Mine, Papua New Guinea), Placer Dome (Nevada, USA), BHP Billiton (Ingwe Coal, South Africa), Rio Tinto (West Angeles Iron Ore, Australia), Nickel West (Western Australia) and QNI Yabulu refinery (Queensland, Australia). Other current directorships: Managing Director of Nickel Mines Limited (ASX:NIC) since 23 August 2012 Non-Executive Director of FMR Resources Limited (ASX:FMR) since 21 July 2025 Non-Executive Director of EV Resources Limited (ASX: EVR) since 19 June 2025 Former directorships (last 3 years): Non-Executive Director of Alpha HPA (ASX:A4N) from 23 December 2021 to 2 November 2023 Special responsibilities: Independent Board Committee (from 28 May 2026 till 29 July 2026) Interests in shares: 17,038,464 ordinary shares Interests in options: 3,000,000 options exercise price $0.25, expire on 24 December 2027 Interests in rights: 3,000,000 rights expire on 24 December 2027 Far East Gold Ltd Directors' report 30 June 2026 3 Name: Shane Menere Title: Chief Executive Officer and Director Qualifications: AICD, IMA, BSc, MBA, MAusIMM Experience and expertise: Shane is an expert in leading major projects from exploration to operation. He was the Australia Pacific region (APAC) President Director of a global mining R&D technology and equipment processing company. Shane has more than 25 years of experience in resource and infrastructure projects globally with over 15 years’ experience working with some of the largest mine sites throughout Asia Pacific. He has a strong background in financial markets/investor relationships and has held board positions on several other Australian gold mining and exploration companies. Other current directorships: Non-Executive Chairman of EV Resources Limited (ASX: EVR) since 19 June 2025 Former directorships (last 3 years): - Special responsibilities: Independent Board Committee (from 28 May 2026 till 29 July 2026) Interests in shares: 13,966,294 ordinary shares Interests in options: 3,000,000 options exercise price $0.25, expire on 24 December 2027 Interests in rights: 3,000,000 rights expire on 24 December 2027 Name: Paul Walker Title: Non-Executive Director Qualifications: LLB (hons), MAIPM, AAPI Experience and expertise: Paul has over 30 years of experience in international business, capital raising and managing large-scale infrastructure and resource projects throughout the world. In 2009, Paul was the co-founder and Chairman of an Indonesian mining company that successfully acquired several exploration assets and brought into operation a coal mine in Kalimantan. Paul lectures at the University of Queensland’s Business School – Strategy and Entrepreneurship Discipline, is a Member of the Australian Institute of Project Management and a Barrister-at-Law. Other current directorships: - Former directorships (last 3 years): - Special responsibilities: Independent Board Committee (from 28 May 2026 till 29 July 2026) Interests in shares: 8,590,000ordinary shares Interests in options: 2,000,000 options exercise price $0.25, expiry 24 December 2027 Interests in rights: 250,000 rights expire on 24 December 2027 Far East Gold Ltd Directors' report 30 June 2026 4 Name: Dr Christopher David Atkinson Title: Non-Executive Director Qualifications: PhD, BSc, Geology/Earth Science Experience and expertise: Chris is a geologist with over 30 years of international experience in the exploration business. Chris is a founding investor in several successful Exploration and Production start-up ventures in Europe and Southeast Asia. Chris acts as a non-executive board member for Lime Petroleum and Lime Petroleum Holdings in Norway and is the Chairperson for Masirah Oil in Oman. In 2018, Chris co-founded Helios Aragon, which is exploring for natural hydrogen and helium in onshore Spain, UK, Poland, Oman and Australia. Other current directorships: - Former directorships (last 3 years): - Special responsibilities: Independent Board Committee (from 28 May 2026 till 29 July 2026) Interests in shares: 6,381,028 ordinary shares Interests in options: 1,000,000 options exercise price $0.25, expire on 24 December 2027 Interests in rights: 250,000 rights expire on 24 December 2027 Name: Michael Thirnbeck Title: Non-Executive Director Qualifications: Bachelor of Science (Geology and Mineralogy) with Honours Experience and expertise: Michael has over 30 years of broad mining, corporate and commercial experience whilst managing numerous mineral development projects in Papua New Guinea, Indonesia and Australia. He is a successful gold explorer with direct involvement in +5 Moz gold discoveries on the Island of New Guinea. He can also bring special knowledge and experience to bear on projects or investments which span the Pacific, due to his close knowledge of several Southeast Asian jurisdictions and markets in Canada, Australia and Europe. Michael is a past and present officer of mining corporations in Singapore, Indonesia and Australia and is a 30-year Member of the Australasian Institute of Mining and Metallurgy. Other current directorships: Non-Executive Director of Tartana Minerals Limited (ASX: TAT) since 19 September 2022 Former directorships (last 3 years): - Special responsibilities: Independent Board Committee (from 28 May 2026 until his resignation from the Committee on 7 July 2026) Interests in shares: - Interests in options: 1,000,000 options exercise price $0.25, expire on 24 December 2027 Interests in rights: 250,000 rights expire on 24 December 2027 Far East Gold Ltd Directors' report 30 June 2026 5 Name: Monique Tang (Herman De Groot) Title: Non-Executive Director Qualifications: Australian Institute of Company Directors (GAICD) Experience and expertise: Monique has over 27 years' experience in international business, commercial M&As in both private and public sectors, resource projects including coal, gold, silver, and tin. She has held senior level positions at several multinational organisations in Asia Pacific. Monique has a distinguished career having worked and led teams on several large-scale project developments in China, Africa, Indonesia and Australia. She has proven ability and track record to strike up international strategic alliances where she advises in the business strategy, marketing, operations and expansion plans. Other current directorships: - Former directorships (last 3 years): - Special responsibilities: - Interests in shares: - Interests in options: - Interests in rights: - Name: Justin (Van Overloop) Hastings Title: Non-Executive Director (appointed 24 June 2026) Qualifications: AB, Princeton, MA, PhD, University of California, Berkeley Experience and expertise: Justin is a Professor in International Relations and Comparative Politics in the Department of Government and International Relations at the University of Sydney, where he is also affiliated with the Sydney Southeast Asia Centre, the China Studies Centre, the Sydney Cyber Security Network, and the Centre of International Security Studies. From 2008 to 2010, he was an Assistant Professor in the Sam Nunn School of International Affairs at the Georgia Institute of Technology, where he remains affiliated with the Center for International Strategy, Technology, and Policy. He received an MA (2003) and PhD (2008) in political science from the University of California, Berkeley, and an AB in public and international affairs from Princeton University in 2001. Justin's research is mostly focused on gray and black markets, rogue states, and the structure and behaviour of clandestine non-state actors, such as terrorists, maritime piracy, smugglers, organized criminals, insurgents, and nuclear weapons proliferators, primarily in Northeast Asia, Southeast Asia, and the Indian Ocean. In the department, he teaches units and supervises research students on international security issues and Asian politics. Other current directorships: - Former directorships (last 3 years): - Special responsibilities: Independent Board Committee (from 24 June 2026 till 29 July 2026) Interests in shares: - Interests in options: - Interests in rights: - Far East Gold Ltd Directors' report 30 June 2026 6 Meetings of directors The number of meetings of the Company's Board of Directors ('the Board') and of each Board committee held during the year ended 30 June 2026, and the number of meetings attended by each director were: Full Board IBC Attended IBC Held Attended Held Attended Held* Justin Werner 5 5 1 1 Shane Menere 5 5 1 1 Paul Walker 5 5 1 1 Dr Christopher Atkinson 5 5 1 1 Michael Thirnbeck 5 5 1 1 Monique Tang (Herman De Groot ) 4 5 - - Justin (Van Overloop) Hastings (appointed 24 June 2026) - - - - In connection with the unsolicited off-market takeover bid announced by Xingye Gold (Hong Kong) Mining Company Limited, the Board established an Independent Board Committee (IBC) on 28 May 2026. The IBC held one meeting during the financial year on 22 June 2026. Held: represents the number of meetings held during the time the director held office or was a member of the relevant committee. *Held represents the number of meetings held during the period the director was a member of the IBC. Information on company secretary Name: Kyla Garic (Appointed 14 January 2026) B Com, MAcc, CA, FGIA, FGIS Title: Company Secretary Experience and expertise: Ms Garic is a Fellow of the Governance Institute of Australia and a member of the Institute of Chartered Accountants Australia and New Zealand. She is a Director of Onyx Corporate Pty Ltd a Company specialising in providing, company secretarial, corporate governance and corporate reporting services. Ms Garic acts as Company Secretary for a number of ASX listed companies. Name: Catriona Glover (Resigned 14 January 2026) Title: Company Secretary Experience and expertise: Ms Catriona Glover is a qualified lawyer with over 20 years’ experience in corporate and commercial law with a focus on corporate governance and company secretarial advice for both listed and unlisted companies. Catriona has provided legal, corporate governance and company secretarial advice to a number of companies in a wide range of industries including mining, stockbroking, education, manufacturing, software as well as not-for-profit organisations. Principal activities During the financial year the principal activities of the Group consisted of concluding asset acquisition agreements, the commencement and continuation of permitting activities and mineral exploration and evaluation. At 30 June 2026 the Group held interests in six projects: the Idenburg Gold Project, the Woyla Copper-Gold Project, the Trenggalek Copper-Gold Project and the Wonogiri Copper-Gold Project in Indonesia; and the Mount Clark West Copper-Gold Project and the Blue Hill Creek Gold Project in Queensland, Australia. No revenue was derived from mining or production activities during the year, and no expenditure was incurred on mining, production or development activities of the year. Other than as described under ‘Significant changes in the state of affairs’ and ‘Review of operations’ (including the move to 51% ownership of the Idenburg Gold Project), there were no significant changes in the nature of the Group’s principal activities during the financial year. Far East Gold Ltd Directors' report 30 June 2026 7 Financial Review The loss for the Group after providing for income tax and non-controlling interest amounted to $8,060,447 (30 June 2025: $ 6,476,639). For the year ended 30 June 2026, the Group incurred a loss before income tax of $13,549,757 (30 June 2025: $6,507,895) and net cash outflow from operating of $1,904,908 (30 June 2025: $4,612,219) net cash outflows from investing activities relating to exploration and evaluation of $7,092,546 (30 June 2025: $3,956,864). As at 30 June 2026, the Group had net current assets of $1,392,999 (30 June 2025: $11,002,347) and total net assets of $53,479,520 (30 June 2025: $45,935,377). Cash and cash equivalents as at 30 June 2026 amounted to $1,897,847 (30 June 2025: $3,444,540) and term deposit of $nil (30 June 2025: $7,500,000). The increase in the loss for the year from $6,476,639 to $8,060,447 is attributable significantly due to impairment of Woyla exploration project, share-based payment expense, project acquisition costs and expensing of exploration and evaluation expenditure recognised in prior year. The most significant asset of the Group is capitalised exploration and evaluation expenditure and acquired mineral rights, recognised in accordance with AASB 6 Exploration for and Evaluation of Mineral Resources on an area of interest basis, with a carrying amount of $51,099,667 at 30 June 2026 (30 June 2025: $33,782,054). During the year, the Group increased its interest in the Idenburg Gold Project to 51% on completion of Stage One under the Conditional Share Purchase Agreement, through the issue of 50,000,000 ordinary shares at A$0.13 per share. The transaction has been accounted for as an asset acquisition rather than a business combination on the basis that the assets acquired do not constitute a business under AASB 3 Business Combinations, with the consideration allocated to the identifiable assets acquired and liabilities assumed. Refer to note 15 to the financial statements. Review of operations FY2026 Corporate and Operational Highlights During the financial year ended 30 June 2026, the Group continued to advance its portfolio of gold and copper projects in Indonesia and Australia. The most significant development was the completion of Stage One under the Conditional Share Purchase Agreement (CSPA) for the flagship Idenburg Gold Project in Papua Province, Indonesia. On 22 June 2026, the Company announced that, following Stage One Completion, it had increased its ownership interest in the Idenburg Gold Project to 51%, with a clear pathway to 80%. An updated JORC 2012 Inferred Mineral Resource estimate for the Idenburg Gold Project was progressed and reported during the period, and ongoing exploration returned encouraging results, including high-grade gold mineralisation identified along trend of the Sua prospect and at the Kwaplu and Sikrima prospects. The Group also continued exploration and permitting activities across its Woyla, Trenggalek and Wonogiri projects in Indonesia and its Blue Hill Creek and Mount Clark West projects in Queensland. Corporate: Unsolicited off-market takeover bid On 27 May 2026 Xingye Gold (Hong Kong) Mining Company Limited announced an unsolicited off-market takeover bid to acquire all of the ordinary shares in FEG that it did not already own for cash consideration of A$0.13 per share. The Offer opened on 11 June 2026. The Board established an Independent Board Committee (“IBC”) to respond to the bid and appointed Lonergan Edwards & Associates Limited (“LEA”) as Independent Expert. LEA concluded that the Offer was neither fair nor reasonable to non- associated shareholders, assessing the value of FEG shares at A$0.324 to A$0.444 per share on a 100% controlling interest basis. FEG lodged its Target’s Statement on 25 June 2026, in which the IBC unanimously recommended that shareholders reject the Offer. Far East Gold Ltd Directors' report 30 June 2026 8 Xingye subsequently stated that it would increase the offer price to A$0.15 per share and declare the Offer unconditional if it obtained a relevant interest in more than 50% of FEG shares on a fully diluted basis. Following acceptances, substantially from Eloquent Enterprises Limited, then holder of approximately 16.19% of FEG shares and the holder of the 49% minority interests in the Idenburg and Woyla projects, Xingye’s relevant interest increased to approximately 34.57%. Independent Board Committee (IBC): In connection with the unsolicited off-market takeover bid announced by Xingye Gold (Hong Kong) Mining Company Limited on 27 May 2026, the Board established an Independent Board Committee (IBC) with effect from 28 May 2026 to evaluate and respond to the offer on behalf of the Company. The IBC comprised the directors independent of the Bidder, being Messrs Werner, Menere, Atkinson and Walker, together with Mr Thirnbeck until his resignation from the IBC on 7 July 2026, and was delegated responsibility for matters relating to the offer. On 11 July 2026 Mr Thirnbeck informed the IBC that he had changed his recommendation and recommended that shareholders accept the Offer. Mr Thirnbeck remained a Director. The remaining members of the IBC each considered his stated reasons and unanimously reconfirmed their recommendation that shareholders reject the Offer. Appropriate governance protocols, including information barriers and conflict management procedures, were implemented in relation to directors with an actual or potential interest in the offer. Ms Herman De Groot, as the Bidder’s representative and designated nominee director on the Board, declared a material personal interest in the offer and was excluded from deliberations, voting and quorum for matters connected with the offer. Board and management Mr Hastings was appointed to the Board effective 24 June 2026. Mr Thirnbeck resigned from the Independent Board Committee on 7 July 2026 and on 11 July 2026 informed the Committee that he had changed his recommendation in relation to the Offer; he remained a Director. Ms Monique Tang, Xingye's nominee director, did not make a recommendation in relation to the Offer given her conflict of interest. Full details of Directors' appointments, resignations and interests are set out in the Directors' Report. INDONESIA PROJECT ACTIVITIES Idenburg Gold Project - Papua and Papua Pegunungan Provinces The Idenburg Gold Project is a 95,280 ha 6th Generation Contract of Work (CoW) held through PT Iriana Mutiara Idenburg (IMI). During the year the Company completed the Stage One acquisition under the Conditional Share Purchase Agreement (CSPA), increasing its beneficial interest in the Project to 51%, and commenced the Indonesian Feasibility Study that forms the pathway to increasing its interest to 80% (refer ASX announcement 22 June 2026²). Idenburg was the primary focus of the Company's exploration and development evaluation activities during the financial year. To 30 June 2026, approximately 12,958 m of diamond drilling has been completed at Idenburg, comprising 6,065 m of historical drilling and approximately 6,893 m completed by FEG. Of the 15 main prospect areas identified within the CoW, six have been drill tested and four (Sua, North Bermol, Bermol and Mafi) host the current JORC 2012 Inferred Mineral Resource. Mineralisation at these prospects remains open along strike and at depth. Idenburg Mineral Resource Estimate On 5 May 2026 the Company announced an updated independent JORC 2012 Inferred Mineral Resource Estimate (MRE) for Idenburg of 7.8 million tonnes at an average grade of 3.1 g/t gold for 780,000 ounces of gold, prepared by SMG Consulting (SMGC) and reported in the ‘JORC Resource Report, PT Iriana Mutiara Idenburg, March 2026’³. The updated estimate represents an increase of 240,000 ounces (approximately 44%) on the maiden MRE of 4.1 million tonnes at 4.1 g/t gold for 540,000 ounces reported in November 2024, and incorporates the results of FEG drilling completed at the Sua and North Bermol prospects during the year. The updated MRE incorporates an upgraded estimate at the Sua prospect (increased from 296,000 ounces to 514,000 ounces), a maiden Inferred Resource at North Bermol, and the previously defined Inferred Resources at Bermol and Mafi. The estimate is reported at a 0.1 g/t Au cut-off with no grade capping applied, a specific gravity of 2.8 t/m³, and a gold recovery of 90% based on historical and FEG metallurgical test work on Sua drill core composites. Far East Gold Ltd Directors' report 30 June 2026 9 Table 1: Idenburg mineral resource table as estimated by SMGC as of March 31, 2026. The estimation is based on historical and FEG exploration data using a cut-off grade of 0.1 g/t Au with no grade capping applied. No metal equivalencies have been applied. An ‘Inferred Mineral Resource’ is that part of a Mineral Resource for which quantity and grade (or quality) are estimated on the basis of limited geological evidence and sampling. Geological evidence is sufficient to imply but not verify geological and grade (or quality) continuity. It is based on exploration, sampling and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes. An Inferred Mineral Resource has a lower level of confidence than that applying to an Indicated Mineral Resource and must not be converted to an Ore Reserve. It is reasonably expected that the majority of Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration. Annual Mineral Resource Statement as at 30 June 2026 The Company’s Mineral Resource Estimate for the Idenburg Project was prepared by independent SMG Consulting based in Singapore and was reported on 5 May 2026. Refer to ‘JORC Resource Report, PT Iriana Mutiara Idenburg, March 2026’. The estimate supersedes the maiden MRE reported on 14 November 2024 (as amended 16 December 2024). The estimate used geological wireframes reviewed and validated by SMGC in Leapfrog software, with assay data composited to 1 m intervals. Grades were estimated using inverse distance weighting for Sua, North Bermol and Mafi, and a weighted- average method for Bermol. Parent block sizes were 10 m × 10 m × 2 m for Sua and North Bermol and 20 m × 20 m × 2 m for Bermol and Mafi. A bulk density of 2.8 t/m³ was applied across all four prospects, based on measurements at Sua and assumed for the other prospects. No grade capping was applied. Resources were reported at a cut-off grade of 0.1 g/t Au, calculated using an assumed gold recovery of 90%, and constrained by optimised pit shells. The annual review and summary of the Idenburg Inferred Mineral Resource Estimate is applicable as at 30 June 2026. The Company confirms there have been no changes to the stated Mineral Resources after that date. The Idenburg Inferred Mineral Resources were reported in accordance with the 2012 JORC Code and based on documentation prepared by SMGC as defined by the 2012 JORC Code. The Company ensures that the Inferred Mineral Resources quoted were subject to governance arrangements and internal controls and external independent review. 30 June 2025 30 June 2026 Change Tonnes (Mt) 4.1 7.8 +3.7 Au grade (g/t) 4.1 3.1 -1.0 Contained gold (oz) 540,000 780,000 +240,000 (+44%) Contained silver (oz) 468,000 522,000 + 54,000 (+11.5%) Classification Inferred Inferred – Prospects in estimate Sua, Bermol, Mafi Sua, North Bermol, Bermol, Mafi + North Bermol Table 2: Comparison of Idenburg Mineral Resources – 30 June 2025 vs 30 June 2026 Far East Gold Ltd Directors' report 30 June 2026 10 Bermol Prospect Drilling Drilling at the Bermol prospect, which commenced on 5 June 2025, continued into the September 2025 quarter. The program comprised 10 diamond drillholes (BRD008–BRD017) for a total of 1,169.6 m, including four holes totalling 446.7 m completed during the financial year, testing the main Bermol fault/shear zone over approximately 650 m of strike length. The results confirmed the presence of gold-mineralised shear zones and quartz veins at depth beneath previously reported zones, indicating strong potential to expand mineralised structures to the south of the current Bermol system. Significant intercepts included (refer ASX announcement 25 August 202519): ● BRD011: 4.7 m @ 2.26 g/t Au from 92.4 m, including 1.7 m @ 3.97 g/t Au; and 4.0 m @ 2.75 g/t Au from 160 m, including 1.5 m @ 6.05 g/t Au and 0.5 m @ 11.02 g/t Au ● BRD008: 5.2 m @ 1.67 g/t Au, including 0.5 m @ 8.72 g/t Au and 0.5 m @ 5.41 g/t Au ● BRD010: 2.0 m @ 3.17 g/t Au from 46.9 m, including 0.9 m @ 6.58 g/t Au North Bermol Prospect – New Discovery and Scout Drilling A detailed surface mapping program resulted in the discovery of a new zone of gold mineralisation at the North Bermol prospect, approximately 1.5 km northwest of Bermol. Surface sampling identified previously unrecognised deformation zones hosting quartz–sulphide veins with rock assays up to 53 g/t Au. A scout diamond drilling program commenced in September 2025 to test a low-angle thrust fault/shear plane exhibiting intense ductile deformation with associated quartz veins and pyrite mineralisation (refer ASX announcement 28 October 2025⁴). The initial North Bermol drilling campaign was completed during the March 2026 quarter, with 25 holes drilled for a total of 1,530.7 m. Assays indicate near-surface gold mineralisation correlating with pyrite abundance. The thrust plane was intersected to a depth of approximately 43 m with an apparent true thickness of 0.5–8 m. Three-dimensional modelling of the drill results suggests the shear plane extends at least 300 m to the northwest and has a strike length of approximately 1,500 m to the northeast, and remains open along strike and to the west. Significant intercepts included: ● BND003: 2.6 m @ 3.9 g/t Au from 11.3 m, including 0.5 m @ 15 g/t Au from 12.4 m ● BND004: 5.0 m @ 4.9 g/t Au from 23.5 m, including 1.6 m @ 12.8 g/t Au from 24.8 m ● BND005: 2.8 m @ 8.4 g/t Au from 32 m, including 1.6 m @ 12.3 g/t Au from 33.2 m ● BND012: 2.35 m @ 2.8 g/t Au from 27.6 m, including 0.9 m @ 6.3 g/t Au from 28.3 m ● BND023: 4.60 m @ 1.36 g/t Au from 71.4 m, including 1.0 m @ 3.12 g/t Au from 74.5 m ● BND024: 0.4 m @ 5.58 g/t Au from 130.6 m The North Bermol results supported the estimation of a maiden Inferred Mineral Resource for the prospect, included in the updated Idenburg MRE announced on 5 May 2026³. Sua Prospect Drilling Diamond drilling commenced at the high-grade Sua prospect in October 2025, initially comprising 10 holes for 1,820 m (completed at 1,836 m) designed to confirm and extend the high-grade zones intersected in historical drilling within the 5 km- long Sua–Afley Shear Zone. Gold mineralisation at Sua is hosted within a series of vertically stacked shear zones containing deformed milky quartz ± sulphide veins hosted in altered and deformed diorite and amphibolite. More than 30 individual shear zones with gold-bearing quartz veins have been identified. The mineralised zones trend NE–SW, dip approximately 25° to the northwest, and have an interpreted strike length of approximately 885 m extending up to 250 m down dip, remaining open in both directions. Numerous holes intersected high-grade gold contained within multiple stacked quartz–sulphide veins, including rare, coarse visible gold. Assay results were reported in ASX announcements dated 10 November 2025⁵, 24 November 2025⁶, 15 December 2025⁷ and 12 January 2026⁸. Significant intercepts included: Far East Gold Ltd Directors' report 30 June 2026 11 ● KSD023: 9.8 m @ 13.77 g/t Au from 18.5 m, including 5.3 m @ 24.08 g/t Au from 20 m, 0.8 m @ 131 g/t Au from 24.5 m and 0.4 m @ 180 g/t Au from 24.9 m ● KSD