Announcement PDF Level 2, 16 Ord Street, West Perth, WA 6005 | PO Box 1064, West Perth, WA 6872 | +61 8 9386 9534 info@Maritanaminerals.com.au | ACN 007 761 186 | ABN 88 007 761 186 | Maritanaminerals.com.au ASX: MRT ASX ANNOUNCEMENT 5 November 2026 FINAL BOORARA DRILL RESULTS SUPPORT HIGHER RESOURCE CONFIDENCE Maritana Minerals Limited (ASX: MRT) (“Maritana” or “the Company”) is pleased to announce positive results from the remaining reverse circulation (RC) drill holes completed at its 100% owned Boorara Gold Project, located 17km east of Kalgoorlie-Boulder in the Western Australian Goldfields. The program has returned results that have increased resource confidence and extended gold mineralisation below the floor of the planned southern open pit which is scheduled to commence mining in mid-2027. The Boorara drilling forms part of the ~60,000m resource conversion campaign across multiple deposits1 . HIGHLIGHTS • In-fill results support resource confidence and future mining activities, with significant results including: • 20m @ 7.77 g/t Au from 100m, incl 2m @ 54.04 g/t Au from 114m (BOORD260054) • 19m @ 1.63 g/t Au from 108m, incl 1m @ 5.25 g/t Au from 115m (BOORD260056) • 19m @ 1.32 g/t Au from 66m, incl 1m @ 6.67 g/t Au from 71m (BOORD260100) • 10m @ 1.67 g/t Au from 30m, incl 1m @ 9.08 g/t Au from 37m (BOORD260119) • Two drillholes were drilled down plunge / dip to test extensions to mineralisation at depth and to gather information of gold hosting veins and mineralisation. Drillholes are therefore not true width. Better results include: • 36m @ 3.53 g/t Au from 142m, incl 1m @ 62.44 g/t Au from 156m (BOORD260149) (down plunge bottom of Pit 4) • 20m @ 1.75 g/t Au from 34m, incl 2m @ 5.62 g/t Au from 52m (BOORD260149) (down plunge bottom of Pit 4) • 12m @ 1.28 g/t Au from 12m, incl 1m @ 5.09 g/t Au from 15m (BOORD260148) (down dip) • The results of the final 52 holes of the 119 hole program at Boorara are reported in this announcement2 • Boorara is one of the key Life of Mine (LOM)3 ore sources for the Black Swan Processing Hub “BSPH”, with the mining restart targeted for mid-2027 • Results will be incorporated into an updated Boorara Mineral Resource Estimate due in the March 2027 quarter, with further pit optimisation to follow • Diamond drilling activities for mining assumptions and drill QAQC is planned in the coming months 1 ASX Announcement “Maritana Commences Resources Conversion Drilling” dated 25 June 2026 2 ASX Announcement “Boorara Mineralisation Extended Below Planned Pit Supporting Potential Resource Growth” dated 24 September 2026 3 ASX Announcement “Studies Support Standalone Gold Development in WA Goldfields” dated 17 February 2026 ASX: MRT maritanaminerals.com.au Page | 2 Managing Director and CEO comment Mr Grant Haywood, Managing Director and CEO: “These final results continue to build confidence in Boorara, with the infill drilling better defining the main contact lodes and indicating that gold mineralisation is wider in places than previously understood. Importantly, the down-plunge drilling beneath Pit 4 in the south of the Boorara system confirms mineralisation extends well below the current pit design and remains open at depth. “With the Boorara program now complete, these results will be incorporated into an updated Mineral Resource Estimate and pit optimisation work, supporting Ore Reserve updates and the life-of-mine plan for Maritana. This work is strategically sequenced ahead of the restart of mining at Boorara in mid-2027 and first gold from the BSPH.” Resource Definition/Extension Drilling Program and Results Maritana has safely completed the resource definition and extensional RC drilling program at its flagship Boorara gold project with assay results received and validated for the final 52 drillholes. The infill drilling reported in this announcement is primarily between the recently mined Pits 2 and 4, with follow up extensional drilling to the North of Pit 2 (Figure 1) and down dip of Pit 4. Figure 1 – Boorara Gold Project drill collar plan showing final 2026 reverse circulation drilling coloured by maximum downhole gold grade, Maritana tenements and the locations of Cross Sections 1 to 3 maritanaminerals.com.au Page | 3 Surface drilling was completed on a broad southwest orientation to intersect the vertical contact mineralisation, together with shallower footwall veins and quartz stockwork. Subsequent infill drilling has validated the results from the first phase of drilling4 by improving the definition of the major contact lodes, better constraining mineralised widths, and increasing resource confidence. In addition, extensional drilling along strike and down dip confirms the continued potential for mineralisation beyond the current resource envelope, with the system remaining open to the north and at depth (Figures 2 – 4). Maritana also completed two drillholes that were aimed down the plunge and dip of the mineralisation from the bottom of Pit 4 (BOORD260149) and south of Pit 2 (BOORD260148) respectively. Drilling in this orientation was designed to test the orebody’s extension further below the bottom of Pit 4 and to obtain important information on gold distribution and vein orientation and density within the mineralised zones and dolerite hosted contact lode. Both of these drillholes are not representative of the true width of the main contact gold lode. Figure 2 – Cross Section 1 (Pit 2-3), looking north-east, showing 2026 drill traces and significant intercepts between Pit 2 and Pit 3 4 ASX Announcement “Boorara Mineralisation Extended Below Planned Pit Supporting Potential Resource Growth” dated 24 September 2026 maritanaminerals.com.au Page | 4 Figure 3 – Cross Section 2 (Pit 3-4), looking north-east, showing 2026 drill traces and significant intercepts between Pit 3 and Pit 4 Full results of the significant gold intercepts from the 52 RC drillholes are presented in Table 1. Drill collar coordinate details for the drillholes reported in this announcement are shown in Table 2. Within cross section 3 (Figure 4), drillholes BOORD260052 and BOORD260053 contain mineralisation at end of hole as both were stopped early due to deteriorating hole conditions and excessive deviation. These two holes are not anticipated to make a material impact to the MRE update. An option to re-drill or re-enter both holes during a future program is being reviewed. maritanaminerals.com.au Page | 5 Figure 4 – Cross Section 3 (Pit 4), showing intercepts in BOORD260052 (** previously reported5 ), BOORD260053, BOORD260054 within the designed pit shell and BOORD260149 approximately 80m below the designed pit shell Overview - Boorara The Boorara Gold Project lies 17km east of Kalgoorlie-Boulder, approximately 13km East of the Super Pit and approximately 2km southwest of the Nimbus site, where established offices, mains power and water are in place (Figure 5). Mineralisation is reported across three deposits — Royal, Regal and Crown Jewel — over approximately 1.5km of strike, on granted Mining Leases. Gold mineralisation at Boorara is hosted in a typical quartz dolerite comprising a sheeted quartz vein array system with bounding shear zones and late-stage cross faults. Mineralisation occurs as: • Northwest dipping sheeted and stockwork quartz-carbonate vein arrays within the quartz dolerite host rocks; and 5 ASX Announcement “Boorara Mineralisation Extended Below Planned Pit Supporting Potential Resource Growth” dated 24 September 2026 Open maritanaminerals.com.au Page | 6 • Steeply dipping zones along sheared geological contacts trending to the north-northwest. Mining at Boorara was halted in December 2025 at the conclusion of the previous Ore Purchase Agreement, with the site subsequently transitioning to care and maintenance in preparation for the Black Swan start-up. Preparatory activities, including pre-production planning, site layout, and grade control drilling, are expected to commence ahead of a planned mining restart in mid-20276 . Figure 5 – Maritana Minerals Production Hub and project locations, regional geology and surrounding infrastructure 6 ASX Announcement “Studies Support Standalone Gold Development in WA Goldfields” dated 17 February 2026 maritanaminerals.com.au Page | 7 Next Steps The Company has commenced the process of re-interpreting the mineralisation wireframes as a number of drillholes indicate that gold mineralisation is wider than previously understood. Subsequent re-estimation of the Mineral Resource is planned and due for completion during the March quarter 2027. Multi-stage grade control drilling will be designed and completed prior to the re-commencement of open pit ore production in mid-2027. Table 1 – Intercepts are down hole and not true width and were calculated based on a sample returning an assay value of greater than or equal to 0.5 g/t Au over an interval no greater than 1.0 m, with no more than 1m of internal dilution. Results rounded to 2 decimal places. Intervals are based on geology and no top cut off was applied. No significant result is represented as NSI in the table. All other assays from the reported drill holes were below the defined cut-off grade of 0.5 g/t Au and are not considered material for public reporting. Hole ID From To Intercept Width Au g/t BOORD260002 63 64 1 0.81 BOORD260002 126 127 1 0.57 BOORD260002 137 138 1 3.08 BOORD260002 194 195 1 11.16 BOORD260004 48 52 4 0.69 BOORD260004 147 148 1 1.00 BOORD260004 151 154 3 1.68 BOORD260004 162 163 1 1.76 BOORD260005 79 80 1 0.51 BOORD260005 83 86 3 0.96 BOORD260005 93 94 1 1.04 BOORD260005 102 103 1 1.09 BOORD260005 118 119 1 0.96 BOORD260005 123 125 2 0.73 BOORD260007 55 58 3 1.36 BOORD260007 60 62 2 0.75 BOORD260007 75 76 1 0.84 BOORD260007 79 81 2 0.66 BOORD260007 86 88 2 0.69 BOORD260007 125 126 1 0.52 BOORD260007 128 129 1 2.16 BOORD260007 131 132 1 0.74 BOORD260007 137 140 3 1.27 BOORD260007 149 153 4 1.08 BOORD260007 160 161 1 3.84 BOORD260007 169 170 1 1.06 BOORD260008 121 122 1 0.63 BOORD260008 151 152 1 0.72 maritanaminerals.com.au Page | 8 Hole ID From To Intercept Width Au g/t BOORD260008 155 157 2 0.91 BOORD260008 162 166 4 0.86 BOORD260008 170 173 3 2.24 BOORD260008 176 178 2 0.82 BOORD260008 187 189 2 1.51 BOORD260008 191 194 3 4.47 including 191 192 1 12.21 BOORD260010 29 32 3 0.56 BOORD260010 48 49 1 2.64 BOORD260011 51 52 1 0.73 BOORD260011 56 57 1 1.19 BOORD260011 64 68 4 1.65 including 64 65 1 4.32 BOORD260012 94 97 3 1.10 BOORD260012 125 131 6 0.72 BOORD260012 134 143 9 0.87 BOORD260012 145 149 4 0.59 BOORD260012 154 155 1 0.76 BOORD260013 98 101 3 0.68 BOORD260013 106 107 1 1.90 BOORD260013 116 120 4 0.92 BOORD260013 125 126 1 2.96 BOORD260013 130 131 1 2.24 BOORD260014 95 97 2 1.24 BOORD260014 111 114 3 3.17 including 113 114 1 5.67 BOORD260014 131 132 1 2.68 BOORD260015 101 104 3 1.10 BOORD260015 112 113 1 0.54 BOORD260015 116 126 10 1.35 BOORD260015 128 129 1 0.89 BOORD260015 141 142 1 0.73 BOORD260016 81 82 1 0.65 BOORD260016 84 90 6 2.51 BOORD260016 98 103 5 1.33 BOORD260036 90 99 9 1.33 maritanaminerals.com.au Page | 9 Hole ID From To Intercept Width Au g/t including 95 96 1 5.92 BOORD260036 106 108 2 0.76 BOORD260053 121 126 5 2.83 including 125 126 1 7.28 BOORD260054 100 120 20 7.77 including 104 108 4 4.47 and 110 111 1 4.44 and 114 116 2 54.03 BOORD260054 123 126 3 0.59 BOORD260054 128 134 6 1.83 BOORD260054 141 142 1 0.50 BOORD260054 148 149 1 0.60 BOORD260056 12 16 4 1.89 BOORD260056 108 127 19 1.63 including 115 116 1 5.25 BOORD260075 60 61 1 0.92 BOORD260075 65 67 2 0.60 BOORD260075 92 93 1 2.01 BOORD260076 85 86 1 0.63 BOORD260079 61 62 1 0.55 BOORD260082 80 81 1 3.16 BOORD260083 94 95 1 0.66 BOORD260083 99 103 4 1.17 BOORD260084 40 41 1 0.56 BOORD260084 46 47 1 0.95 BOORD260084 49 51 2 1.58 BOORD260084 59 61 2 0.62 BOORD260084 72 76 4 0.59 BOORD260084 81 82 1 0.91 BOORD260085 114 117 3 0.89 BOORD260085 119 120 1 1.41 BOORD260085 122 123 1 0.62 BOORD260086 79 81 2 2.36 BOORD260086 86 88 2 1.44 BOORD260086 127 128 1 2.91 BOORD260088 118 119 1 1.06 maritanaminerals.com.au Page | 10 Hole ID From To Intercept Width Au g/t BOORD260092 84 85 1 0.61 BOORD260092 96 98 2 0.81 BOORD260099 97 102 5 1.79 including 100 101 1 4.08 BOORD260099 104 105 1 0.87 BOORD260099 108 114 6 1.20 BOORD260100 38 40 2 0.86 BOORD260100 66 85 19 1.32 including 71 72 1 6.67 BOORD260101 44 45 1 1.25 BOORD260101 50 53 3 0.53 BOORD260101 61 66 5 1.94 BOORD260102 20 21 1 0.67 BOORD260102 22 23 1 0.51 BOORD260102 38 39 1 1.99 BOORD260103 72 73 1 0.82 BOORD260103 81 83 2 0.92 BOORD260104 71 74 3 0.68 BOORD260104 81 83 2 1.09 BOORD260104 98 101 3 0.92 BOORD260105 95 102 7 0.88 BOORD260105 107 108 1 1.11 BOORD260105 112 117 5 0.91 BOORD260105 119 120 1 0.54 BOORD260105 123 130 7 1.89 BOORD260106 44 45 1 0.52 BOORD260107 78 79 1 0.58 BOORD260107 81 84 3 1.70 BOORD260107 86 89 3 0.94 BOORD260107 91 94 3 1.34 BOORD260107 101 108 7 1.68 BOORD260108 44 46 2 12.09 BOORD260109 71 72 1 0.72 BOORD260109 105 108 3 2.23 including 107 108 1 4.83 BOORD260109 111 112 1 0.78 maritanaminerals.com.au Page | 11 Hole ID From To Intercept Width Au g/t BOORD260109 122 124 2 0.57 BOORD260110 56 57 1 0.50 BOORD260110 58 60 2 0.56 BOORD260110 92 93 1 3.44 BOORD260110 96 98 2 0.90 BOORD260110 100 105 5 0.93 BOORD260110 124 125 1 0.85 BOORD260111 0 1 1 0.79 BOORD260111 3 4 1 0.60 BOORD260112 42 43 1 0.54 BOORD260112 49 51 2 1.19 BOORD260112 53 55 2 0.58 BOORD260112 58 63 5 2.22 including 60 61 1 4.99 BOORD260112 74 76 2 0.94 BOORD260113 13 15 2 0.75 BOORD260114 69 70 1 0.78 BOORD260114 135 137 2 3.31 BOORD260114 150 152 2 0.88 BOORD260114 155 156 1 1.59 BOORD260114 159 160 1 0.96 BOORD260116 50 54 4 0.54 BOORD260116 57 58 1 0.81 BOORD260116 66 76 10 0.77 BOORD260116 78 83 5 1.45 BOORD260116 99 101 2 1.46 BOORD260116 104 106 2 1.72 BOORD260116 114 116 2 0.70 BOORD260116 121 122 1 0.51 BOORD260116 124 126 2 1.96 BOORD260119 30 40 10 1.67 including 37 38 1 9.08 BOORD260119 54 55 1 0.93 BOORD260119 65 66 1 10.75 BOORD260119 74 75 1 0.57 BOORD260119 84 85 1 14.21 maritanaminerals.com.au Page | 12 Hole ID From To Intercept Width Au g/t BOORD260119 88 89 1 0.90 BOORD260134 37 38 1 0.91 BOORD260134 53 54 1 2.92 BOORD260134 58 59 1 0.64 BOORD260134 87 88 1 0.53 BOORD260135 5 6 1 0.88 BOORD260135 79 80 1 1.59 BOORD260140 NSI BOORD260142 NSI BOORD260148 12 24 12 1.28 including 15 16 1 5.09 BOORD260148 27 30 3 1.10 BOORD260148 33 38 5 1.60 BOORD260148 44 46 2 0.96 BOORD260148 48 49 1 0.71 BOORD260148 51 52 1 1.06 BOORD260148 55 57 2 0.90 BOORD260148 59 60 1 2.16 BOORD260148 75 76 1 0.86 BOORD260148 79 80 1 1.48 BOORD260148 88 89 1 0.57 BOORD260148 93 96 3 0.53 BOORD260148 98 101 3 1.05 BOORD260149 4 5 1 0.55 BOORD260149 34 54 20 1.75 including 52 54 2 5.62 BOORD260149 60 86 26 1.01 BOORD260149 89 94 5 1.93 including 92 93 1 5.26 BOORD260149 100 101 1 0.79 BOORD260149 106 111 5 1.44 BOORD260149 113 125 12 1.71 BOORD260149 128 131 3 0.66 BOORD260149 138 139 1 0.58 BOORD260149 142 178 36 3.53 maritanaminerals.com.au Page | 13 Hole ID From To Intercept Width Au g/t including 156 157 1 62.44 and 159 160 1 7.40 and 161 162 1 4.51 BOORD260149 186 187 1 1.83 BOORD260149 191 192 1 0.56 BOORD260149 194 195 1 0.64 BOORD260149 199 204 5 1.34 BOORD260149 207 210 3 0.94 BOORD260149 215 227 12 0.92 BOORD260149 231 238 7 0.69 BOORD260149 240 241 1 3.38 BOORD260150 15 17 2 0.84 BOORD260150 113 114 1 0.81 BOORD260150 119 120 1 1.46 BOORD260150 130 136 6 2.19 including 135 136 1 4.13 BOORD260150 138 139 1 5.93 BOORD260151 NSI Table 2 – Collar location details of reported RC resource definition drillholes at Boorara, in MGA2020, Zone 51 Hole Id MGA2020 East (m) MGA2020 North (m) RL(m) Azi Dip EOH (m) Tenement ID BOORD260002 370293 6591093 402 240 -60 206 M 26/29 BOORD260004 370312 6591081 402 240 -60 192 M 26/29 BOORD260005 370218 6591079 402 238 -60 126 M 26/29 BOORD260007 370306 6591058 403 240 -60 174 M 26/29 BOORD260008 370345 6591054 402 240 -60 252 M 26/29 BOORD260010 370179 6591052 402 239 -61 72 M 26/29 BOORD260011 370200 6591049 402 240 -60 84 M 26/29 BOORD260012 370316 6591038 403 241 -59 204 M 26/29 BOORD260013 370272 6591036 403 241 -60 138 M 26/29 BOORD260014 370283 6591020 404 240 -61 168 M 26/29 BOORD260015 370306 6591000 406 240 -60 174 M 26/29 BOORD260016 370293 6590993 406 241 -50 138 M 26/29 BOORD260036 370401 6590798 399 240 -60 150 M 26/29 maritanaminerals.com.au Page | 14 Hole Id MGA2020 East (m) MGA2020 North (m) RL(m) Azi Dip EOH (m) Tenement ID BOORD260053 370485 6590688 394 240 -60 126 M 26/318 BOORD260054 370483 6590686 394 238 -50 150 M 26/318 BOORD260056 370495 6590670 394 240 -50 132 M 26/318 BOORD260075 370148 6591191 406 240 -60 120 M 26/29 BOORD260076 370177 6591189 407 240 -60 138 M 26/29 BOORD260079 370158 6591179 405 239 -60 108 M 26/29 BOORD260082 370169 6591161 404 240 -60 120 M 26/29 BOORD260083 370203 6591159 405 240 -60 174 M 26/29 BOORD260084 370150 6591150 404 240 -60 84 M 26/29 BOORD260085 370225 6591148 405 240 -60 174 M 26/29 BOORD260086 370182 6591144 404 239 -60 144 M 26/29 BOORD260088 370210 6591135 404 241 -60 174 M 26/29 BOORD260092 370215 6591103 403 239 -60 126 M 26/29 BOORD260099 370000 6591492 405 240 -60 150 M 26/29 BOORD260100 369983 6591481 404 240 -60 108 M 26/29 BOORD260101 369968 6591471 402 240 -60 78 M 26/29 BOORD260102 369952 6591461 400 240 -60 48 M 26/29 BOORD260103 370000 6591448 402 240 -60 102 M 26/29 BOORD260104 370024 6591442 401 237 -60 102 M 26/29 BOORD260105 370055 6591422 400 239 -60 132 M 26/29 BOORD260106 370004 6591431 400 238 -60 102 M 26/29 BOORD260107 370035 6591418 399 238 -61 108 M 26/29 BOORD260108 370012 6591415 399 240 -60 102 M 26/29 BOORD260109 370065 6591404 401 240 -60 150 M 26/29 BOORD260110 370048 6591399 400 240 -60 126 M 26/29 BOORD260111 369984 6591390 398 239 -60 48 M 26/29 BOORD260112 370031 6591386 399 238 -61 102 M 26/29 BOORD260113 370006 6591379 398 239 -60 48 M 26/29 BOORD260114 370082 6591373 403 241 -60 168 M 26/29 BOORD260116 370059 6591365 401 240 -60 126 M 26/29 BOORD260119 370045 6591345 400 240 -60 96 M 26/29 BOORD260134 369584 6592225 400 241 -60 102 M 26/29 BOORD260135 369540 6592205 399 240 -60 102 M 26/29 BOORD260140 369621 6592153 397 240 -60 102 M 26/29 BOORD260142 369584 6592136 396 240 -60 102 M 26/29 BOORD260148 370053 6591219 400 80 -60 108 M 26/29 maritanaminerals.com.au Page | 15 Hole Id MGA2020 East (m) MGA2020 North (m) RL(m) Azi Dip EOH (m) Tenement ID BOORD260149 370349 6590739 365 129 -60 252 M 26/29 BOORD260150 369499 6592133 397 60 -60 162 M 26/29 BOORD260151 369637 6592207 398 240 -60 126 M 26/29 Competent Person Statement — Exploration Results The information in this announcement that relates to exploration results, geology and data compilation is based on, and fairly represents, information and supporting documentation compiled under the supervision and review of Mr Stephen Guy, a Competent Person who is a Member of The Australian Institute of Geoscientists (8203). Mr Guy is the Chief Geologist for Maritana Minerals, is a full-time employee of the Company and holds shares and options in the Company. Mr Guy 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 Guy consents to the inclusion in this announcement of the matters based on this information in the form and context in which it appears. Compliance Statement — Previously Reported Information The information in this announcement that relates to the Boorara Mineral Resource Estimate and Ore Reserve is extracted from the ASX announcement titled “Annual Mineral Resources and Reserves Statement” dated 20 August 2026, which is available at www.asx.com.au. . The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the estimates in that announcement continue to apply and have not materially changed. 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. The information in this announcement that relates to previously reported exploration results is extracted from the ASX announcement titled “Boorara Mineralisation Extended Below Planned Pit Supporting Potential Resource Growth” dated 24 September 2026, which is available at www.asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement. The information in this announcement that relates to the Boorara Life of Mine plan and the targeted mid-2027 mining restart is extracted from the ASX announcement titled “Studies Support Standalone Gold Development in WA Goldfields” dated 17 February 2026. The Company confirms that all material assumptions underpinning the production targets and forecast financial information derived from the production targets in that announcement continue to apply and have not materially changed. Authorised for release by the Board of Directors. For further information, please contact: Grant Haywood Michael Vaughan Managing Director and CEO Investor and Media Relations – Fivemark grant.haywood@maritanaminerals.com.au michael.vaughan@fivemark.com.au +61 8 9386 9534 +61 422 602 720 maritanaminerals.com.au Page | 16 JOIN MARITANA MINERALS INTERACTIVE HUB Visit https://maritanaminerals.com.au/auth/signup for Maritana Minerals’ Interactive InvestorHub MARITANA MINERALS Email: info@maritanaminerals.com.au Forward Looking and Cautionary Statements Some statements in this report regarding estimates or future events are forward looking statements. They include indications of, and guidance on, future earnings, cash flow, costs and financial performance. Forward looking statements include, but are not limited to, statements preceded by words such as “planned”, “expected”, “projected”, “estimated”, “may”, “scheduled”, “intends”, “anticipates”, “believes”, “potential”, “could”, “nominal”, “conceptual” and similar expressions. Forward looking statements, opinions and estimates included in this announcement are based on assumptions and contingencies which are subject to change without notice, as are statements about market and industry trends, which are based on interpretations of current market conditions. Forward looking statements are provided as a general guide only and should not be relied on as a guarantee of future performance. Forward looking statements may be affected by a range of variables that could cause actual results to differ from estimated results, and may cause the Company’s actual performance and financial results in future periods to materially differ from any projections of future performance or results expressed or implied by such forward looking statements. These risks and uncertainties include but are not limited to liabilities inherent in mine development and production, geological, mining and processing technical problems, the inability to obtain any additional mine licences, permits and other regulatory approvals required in connection with mining and third party processing operations, competition for among other things, capital, acquisition of reserves, undeveloped lands and skilled personnel, incorrect assessments of the value of acquisitions, changes in commodity prices and exchange rate, currency and interest fluctuations, various events which could disrupt operations and/or the transportation of mineral products, including labour stoppages and severe weather conditions, the demand for and availability of transportation services, the ability to secure adequate financing and management’s ability to anticipate and manage the foregoing factors and risks. There can be no assurance that forward looking statements will prove to be correct. Statements regarding plans with respect to the Company’s mineral properties may contain forward looking statements in relation to future matters that can only be made where the Company has a reasonable basis for making those statements. This announcement has been prepared in compliance with the JORC Code (2012) and the current ASX Listing Rules. The Company believes that it has a reasonable basis for making the forward looking statements in the announcement, including with respect to any production targets and financial estimates, based on the information contained in this and previous ASX announcements. maritanaminerals.com.au Page | 17 Appendix 1 – JORC Code (2012) Table 1, Section 1 The following Table and Sections are provided to ensure compliance with the JORC Code (2012 edition) guidelines for the reporting Exploration Results. SECTION 1 Sampling Techniques and Data Boorara Project (Criteria in this section apply to all succeeding sections) 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. Samplingwas conducted using truck mounted Austex X350 Reverse Circulation (RC) drilling rig from surface. For RC drilling, samples were collected as both 4 m composites and 1 m splits using a cyclone and cone splitter to obtain ~2-3 kg representative samples. Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. RC samples were collected at 1 m intervals directly from a cyclone and cone splitter mounted on the rig. 1 m samples were collected when logging identified key host lithologies, quartz veining and other key geological observations directly related to gold mineralisation. 4 m composite samples were collected from the 1 m spoil piles for the remainder of the drill hole. The cyclone and splitter were cleaned regularly to minimise contamination. maritanaminerals.com.au Page | 18 SECTION 1 Sampling Techniques and Data Boorara Project (Criteria in this section apply to all succeeding sections) Criteria JORC Code explanation Commentary 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. Field duplicates, QAQC certified reference standards and blanks were collected/inserted at a rate of 1 in every 20 m (maximum) through pre-determined mineralised zones. All samples were crushed and split to produce a 500 g jar of material for Photon Assay Analysis. Sampling and QAQC procedures are carried out using Maritana protocols consistent with industry best practice. 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). RC drilling was carried out using a face sampling hammer with a 127mm (5”) drill bit. maritanaminerals.com.au Page | 19 SECTION 1 Sampling Techniques and Data Boorara Project (Criteria in this section apply to all succeeding sections) Criteria JORC Code explanation Commentary Drill sample recovery Method of recording and assessing core and chip sample recoveries and results assessed. Sample recoveries for RC are visually estimated qualitatively on a metre basis and recorded in the database. Measures taken to maximise sample recovery and ensure representative nature of the samples. Drilling contractors adjust their drilling approach to specific conditions to maximise sample recovery. RC samples are visually assessed for recovery and moisture. A cyclone and cone splitter were used to provide uniform sized samples. Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material. No sample recovery issues have affected potential sample bias. Logging Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. All drilled intervals (RC) are logged and recorded. Data for RC drilling was recorded as regolith, lithology, veining, fabric (structure), grain size, colour, sulphide presence, alteration and oxidation state, where possible to observe. Maritana considers the data to be of an appropriate level of detail to support future resource estimations. maritanaminerals.com.au Page | 20 SECTION 1 Sampling Techniques and Data Boorara Project (Criteria in this section apply to all succeeding sections) Criteria JORC Code explanation Commentary Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography. Logging is both qualitative and quantitative in nature depending on the field being logged. All intervals/chip trays photographed. RC chips trays are stored at the Company’s core yard on-site at Boorara. The total length and percentage of the relevant inte