Announcement PDF ASX ANNOUNCEMENT ASX: DAL 09 March 2026 High-Grade Gold up to 17.95 g/t Confirmed at Bondoukou Gold Project, Côte d’Ivoire _______________________________________________________________________________________ Due Diligence Sampling Confirms Significant Gold Mineralisation within Extensive Artisanal Workings. Dalaroo Metals Ltd (ASX: DAL) (“Dalaroo” or “the Company”) is pleased to announce high- grade gold assay results from reconnaissance rock chip sampling undertaken during the due diligence phase at the Bondoukou Gold Project in eastern Côte d’Ivoire. Assays from quartz reef material exposed within active artisanal workings returned gold grades of up to 17.95 g/t Au, confirming the presence of high-grade gold mineralisation within the northern portion of the project area. These results provide early geological validation of the project’s prospectivity within the Birimian Gold Belt of West Africa, a globally significant gold province that hosts numerous Tier-1 gold deposits. The sampled quartz veins occur within zones of extensive artisanal mining activity developed along interpreted structural corridors. The presence of multiple workings across the area indicates a broad mineralised system and highlights the potential for structurally controlled gold mineralisation within the licence area. These initial results provide encouragement for systematic exploration programs designed to define the scale and continuity of mineralisation. Highlights: • High-grade gold assays up to 17.95 g/t Au from reconnaissance rock chip sampling • Four of six samples returned significant gold values ranging from 3.59 g/t to 17.95 g/t Au • Mineralisation hosted in quartz reef systems exposed in active artisanal workings • Artisanal workings extend approximately 600m along strike in the northern portion of the project • Systematic Geological mapping and geochemical sampling programs underway For more information about the project visit: Click Here Initial Sampling Results Six reconnaissance rock chip samples were collected from quartz reef material exposed within artisanal workings to confirm the presence of gold mineralisation. Table 1. Rock Chip Sampling Results Sample ID Easting Northing Elev (m) Au (g/t) DDI001 495408 895480 350 0.54 DAM001 493780 896494 369 0.68 DAM002 493869 896385 385 8.01 DAM003 493042 896621 368 17.95 DAM004A 493042 896621 368 3.59 DAM004B 493042 896621 368 4.95 The samples represent selective rock chip sampling from exposed mineralised quartz reefs and therefore may not be representative of overall mineralisation grades across the project area. Figure 1. Plan map showing location of reconnaissance rock chip samples assay results and mapped artisanal workings. Figure 2. Quartz reef material exposed within artisanal workings at the Bondoukou Gold Project, interpreted to host structurally controlled gold mineralisation. Figure 3. Quartz vein material extracted from artisanal workings at Bondoukou. Figure 4. Drone imagery illustrating the extent of artisanal mining activity along a ~600 m strike length within the northern Bondoukou Gold Project. Strategic Location in a World-Class Gold Belt The Bondoukou Project is located within the Birimian Greenstone Belt of eastern Côte d’Ivoire, one of the most prolific gold-producing regions in West Africa. The project lies approximately: ~35 km northwest of Endeavour Mining’s Tanda-Iguela gold project, a major gold discovery within the region. Gold mineralisation in the Birimian terrane is typically associated with: • Major regional shear zones • Volcanic–sedimentary sequences • Quartz vein systems and structural corridors The widespread presence of artisanal workings across the licence area provides strong evidence of near- surface gold mineralisation with potential strike and depth continuity. Current Exploration Activities Dalaroo has mobilised its exploration team to conduct systematic early-stage exploration aimed at defining drill targets. Current work includes: • Detailed geological mapping across the northern licence area • Rock chip and geochemical sampling programs • Structural interpretation of artisanal workings • Target generation for initial drill programs Project Overview and Regional Setting The Bondoukou Project is located within the Birimian terrane, a globally significant geological province that hosts numerous major orogenic gold deposits across West Africa. The terrane is characterised by extensive greenstone belts, regional-scale shear zones and favourable structural architecture, which commonly control the emplacement of gold mineralisation throughout the region. The project tenure encompasses multiple prospective structural corridors displaying geological and structural characteristics conducive to gold mineralisation. Prospectivity appears particularly strong in the northern portion of the licence, where extensive historical artisanal workings are developed along interpreted shear zones and fault structures. These artisanal workings provide evidence for near-surface gold occurrences within the project area. However, no drilling or systematic exploration programs have yet been undertaken by the Company to confirm the extent, grade or continuity of mineralisation. Figure 5. Picture shows Artisanal workings below the tree canopy. Figure 6. Country scale Map of Cote d'Ivoire showing Dalaroo projects in relation to known gold deposits. Geological Setting and Prospectivity The Bondoukou Project is located within the Birimian terrane of eastern Côte d’Ivoire, approximately 35 km northwest of the Tanda gold deposit operated by Endeavour Mining, within one of West Africa’s most prolific gold-producing geological provinces. Gold mineralisation within the Birimian terrane is typically structurally controlled, occurring along major shear zones and lithological contacts that act as conduits for hydrothermal fluids responsible for gold deposition. At Bondoukou, extensive artisanal gold workings are distributed across the licence area, particularly along interpreted regional shear corridors and volcanic–granitoid contacts, providing strong surface evidence for near-surface gold mineralisation with potential for both strike and depth continuity. The presence of favourable Birimian host lithologies, well-developed structural architecture, and widespread artisanal mining activity indicates that the project may host orogenic-style gold mineralisation. These characteristics support the implementation of systematic exploration programs, including geological mapping, geochemical sampling and drilling, to evaluate the scale, grade continuity and economic potential of the mineralised systems across the project area. Upcoming Catalyst Over the coming weeks the Company expects: • Completion of the current geological mapping program across the northern portion of the project • Commencement of Soil geochemical sampling program across priority target areas • Planning and permitting of initial RC drill programs Management Commentary Dalaroo’s CEO John Morgan Comments: “These initial sampling results provide encouraging confirmation of high-grade gold mineralisation within quartz reef material exposed in the extensive artisanal workings at Bondoukou. While the sampling is selective in nature, the presence of multiple high-grade results within a well-endowed Birimian gold belt highlights the exploration potential of the project. The widespread artisanal workings observed across the northern portion of the licence provide valuable geological guidance for our exploration programs. These workings often represent the surface expression of structurally controlled gold systems that have potential to extend along strike and at depth. Our immediate focus is on completing detailed geological mapping and geochemical sampling to better understand the structural controls and scale of the mineralised system. These programs will be critical in defining priority targets for our first phase of drilling at Bondoukou.” Dalaroo’s Cote d’Ivoire Country & Exploration Manager Frank Twum-Berima Bosompem Comments: “The Bondoukou Gold Project is located within a highly prospective Birimian gold belt that hosts several significant gold deposits across West Africa. The presence of extensive artisanal workings across the northern portion of the permit provides strong geological evidence for structurally controlled gold mineralisation at surface. These initial sampling results confirm the presence of gold within quartz reef systems exposed in the workings and provide important geological guidance for our ongoing exploration programs. While the sampling is reconnaissance in nature, the high-grade assays returned to date are encouraging and support our interpretation of a structurally controlled mineralised system within the project area. Our in-country exploration team is currently undertaking systematic geological mapping and geochemical sampling to better understand the structural controls and scale of the mineralised system. These programs will be critical in defining priority drill targets as we advance Bondoukou through the next phase of exploration.” This announcement has been authorised for release to the ASX by the Company's Board of Directors. ENDS For more Information: Please visit our website for more information: www.dalaroometals.com.au John Morgan, T: +61 410 774 319 E: jmorgan@dalaroometals.com.au ABOUT DALAROO METALS Dalaroo Metals Limited is an ASX-listed exploration company focused on the discovery and development of high-quality gold and critical minerals projects across Australia and international jurisdictions. The Company’s portfolio includes the Blue Lagoon Project in southern Greenland, prospective for rare earth elements (REE), zirconium and niobium, a growing suite of gold exploration assets in Côte d’Ivoire located within the highly endowed Birimian Greenstone Belt of West Africa, and the Lyons River Project and Namban Project in Western Australia. Dalaroo’s strategy is to systematically advance its projects through modern exploration techniques, resource definition and strategic partnerships, with a strong focus on value creation for shareholders. The Company is committed to responsible exploration, strong corporate governance and building long-term stakeholder relationships in the regions in which it operates. COMPETENT PERSON STATEMENT The information in this report that relates to exploration results is based on information compiled by John Morgan, a Member of the Australasian Institute of Mining and Metallurgy (AusIMM) and the CEO of Dalaroo Metals Ltd. Mr Morgan has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity 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 (JORC Code). Mr Morgan consents to the inclusion in this report of the matters based on this information in the form and context in which it appears. FORWARD-LOOKING STATEMENTS This announcement contains forward-looking statements which are based on current expectations, assumptions, estimates and projections. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied. These risks include, but are not limited to, exploration success, geological interpretation, commodity price fluctuations, regulatory approvals, permitting timelines, operational risks and market conditions. Any statements regarding potential mineralisation, exploration targets, grades, scale or development concepts are conceptual in nature and based on early-stage surface sampling only. These statements do not constitute, and should not be construed as, a Mineral Resource or Ore Reserve estimate as defined under the JORC Code. References to peer projects, market pricing, strategic significance or potential future development pathways are provided for contextual purposes only and should not be interpreted as a forecast of future performance or valuation. Commodity pricing information is indicative only, subject to market volatility and should not be relied upon as a projection of future prices. Investors are cautioned not to place undue reliance on forward-looking statements. Dalaroo Metals Limited undertakes no obligation to update or revise any forward-looking statements, except as required by law. The Company confirms it is not aware of any new information or data that materially affects the information included in this announcement. CAUTIONARY STATEMENT The rock chip samples reported in this announcement are selective samples collected from exposed quartz reef material within artisanal workings and may not represent the overall grade or distribution of mineralisation within the project area. Exploration results reported do not constitute a Mineral Resource or Ore Reserve estimate as defined by the JORC Code. JORC Table 1 (Section 1 & 2) Section 1: Sampling Techniques and Data Sub-section JORC Code Explanation Disclosure Sampling techniques Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as downhole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling Include reference to measures taken to ensure sample representativity and the appropriate calibration of any measurement tools or systems used. 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 (eg ‘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 (eg submarine nodules) may warrant disclosure of detailed information. Rock chip samples were collected during a due diligence site visit to the Bondoukou Gold Project from quartz reef material exposed within active and historical artisanal workings located in the northern portion of the project area. Sampling consisted of selective rock chip samples collected from exposed quartz veins and mineralised material within artisanal pits and shallow workings. The sampling was undertaken to confirm the presence of gold mineralisation associated with the observed quartz reef systems and is considered reconnaissance in nature. Samples were collected using a geological hammer from exposed material and placed into labelled sample bags. Each sample was assigned a unique sample identification number and the location of each sample was recorded using a handheld GPS unit. Due to the selective nature of rock chip sampling from artisanal workings, the samples may not be representative of the overall grade or distribution of mineralisation within the project area. However, the sampling provides an indication of the presence of gold mineralisation associated with quartz reef systems observed at surface. Samples have been submitted to Intertek Laboratories, an internationally accredited laboratory, for gold analysis using fire assay techniques with appropriate quality control procedures. Drilling techniques Drill type (eg core, reverse circulation, open- hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg 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). Not applicable Sub-section JORC Code Explanation Disclosure Drill sample recovery Method of recording and assessing core and chip sample recoveries and results assessed. Measures taken to maximise sample recovery and ensure representative nature of the 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. Not applicable Logging Whether core and chip samples have been geologically and geotechnical logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. Whether logging is qualitative or quantitative in nature. Core (or costean/trench, channel, etc) photography. The total length and percentage of the relevant intersections logged. Not applicable Sub- sampling techniques / sample preparation If core, whether cut or sawn and whether quarter, half or all core taken. If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. For all sample types, the nature, quality and appropriateness of the sample preparation technique. Quality control procedures adopted for all sub- sampling stages to maximise representivity of samples. Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling. Whether sample sizes are appropriate to the grain size of the material being sampled. The samples reported in this announcement comprise selective rock chip samples collected from exposed quartz reef material within artisanal workings. The sampling did not involve drill core. Each rock chip sample was collected manually using a geological hammer and placed into a pre- numbered sample bag. As the samples consisted of individual rock chip samples collected from exposed outcrop or workings, no field sub- sampling methods such as riffle splitting or rotary splitting were applied. Samples were collected under dry conditions and transported in sealed sample bags to the analytical laboratory. Sample preparation was undertaken by Intertek Laboratories, an internationally accredited laboratory, using industry standard sample preparation procedures. These procedures typically include drying, crushing of the entire sample to a coarse fraction, followed by pulverising a representative sub-sample to produce a pulp suitable for analysis. Internal laboratory quality control procedures include the insertion of certified reference materials, blanks and repeat analyses as part of the laboratory’s standard quality assurance protocols. Sub-section JORC Code Explanation Disclosure Due to the selective nature of rock chip sampling, the samples may not be representative of the overall grade or distribution of mineralisation within the project area. The sample sizes collected are considered appropriate for reconnaissance exploration of quartz-hosted orogenic gold mineralisation typical of the Birimian terrane. Quality of assay data and laboratory tests The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established. Rock chip samples were submitted to Intertek Laboratories, an internationally accredited analytical laboratory, for gold analysis. Samples are prepared using industry-standard preparation techniques, which typically include drying, crushing of the entire sample to a coarse fraction, and pulverising a representative sub-sample to produce a homogeneous pulp. Gold analysis is undertaken using fire assay with an appropriate finish, which is considered a total analytical technique for gold and is widely regarded as the industry standard method for determining gold concentration in hard rock samples. No geophysical tools, spectrometers, handheld XRF instruments, or other field-based analytical instruments were used to determine the reported gold assay results. Laboratory quality assurance and quality control (QA/QC) procedures include the insertion of certified reference materials (standards), blanks and duplicate samples as part of the laboratory’s internal quality control program. These procedures are designed to monitor analytical accuracy, precision and potential contamination during the analytical process. The Company considers that the laboratory procedures, analytical techniques and internal quality control measures adopted by the laboratory are appropriate for early-stage exploration sampling and provide acceptable levels of accuracy and precision for the determination of gold in rock chip samples. Verification of sampling and assaying The verification of significant intersections by either independent or alternative company personnel. The use of twinned holes. The verification of significant intersections by either independent or alternative company personnel. Discuss any adjustment to assay data The sampling program was undertaken by Dalaroo Metals geological personnel. Sample locations, geological observations and sample identification details were recorded in the field at the time of collection. Sample locations were recorded using a handheld GPS unit and documented by the field geologist. Sub-section JORC Code Explanation Disclosure Assay results are received directly from the analytical laboratory in digital format and are reviewed and compiled by company geological staff. Reported results are checked against laboratory certificates prior to inclusion in company databases and public reporting. No drilling has been undertaken at the Bondoukou Project by Dalaroo Metals at this stage; therefore, verification of significant intersections and twinned holes is not applicable. No adjustments, averaging or modifications have been made to the assay data reported in this announcement. Assay values are reported as received from the laboratory. The data are considered to have been adequately verified by company personnel for the purposes of early-stage exploration reporting. Location of data points Accuracy and quality of surveys used to locate drill holes (collar and down- hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation. Specification of the grid system used Quality and adequacy of topographic control Sample locations were recorded in the field using a handheld Global Positioning System (GPS) unit at the time of sampling. The recorded coordinates correspond to the locations of rock chip samples collected from quartz reef material exposed within artisanal workings. No drilling, trenching or downhole surveys have been undertaken at the Bondoukou Project by Dalaroo Metals at this stage; therefore, collar and downhole survey information is not applicable. Coordinates are reported in Universal Transverse Mercator (UTM) grid coordinates using the WGS84 datum. The accuracy of handheld GPS measurements is considered to be approximately ±5–10 metres, which is considered appropriate for early-stage reconnaissance exploration. Topographic control is derived from publicly available satellite imagery and digital elevation datasets, which provide sufficient accuracy for regional mapping and reconnaissance exploration activities. No detailed ground survey or differential GPS survey has been undertaken at this stage. The level of survey accuracy is considered adequate for the purposes of early-stage exploration reporting and is not being used for Mineral Resource estimation. Sub-section JORC Code Explanation Disclosure Data spacing and distribution Data spacing for reporting of Exploration Results Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied. Whether sample compositing has been applied The reported samples comprise a limited number of selective rock chip samples collected from exposed quartz reef material within artisanal workings located in the northern portion of the Bondoukou Project area. The sampling was undertaken as reconnaissance exploration during a due diligence site visit to confirm the presence of gold mineralisation associated with quartz vein systems exposed in the workings. As such, the sample locations are irregularly spaced and controlled by the location of accessible artisanal pits and exposures rather than by a systematic grid. The current sampling density and distribution are not sufficient to establish geological or grade continuity and are not suitable for use in Mineral Resource or Ore Reserve estimation. No sample compositing has been applied. Assay results are reported on an individual sample basis as received from the analytical laboratory. Orientation of data in relation to geological structure Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type. If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material. The samples reported comprise selective rock chip samples collected from quartz reef material exposed within artisanal workings. The sampling was undertaken from accessible exposures within artisanal pits and workings rather than from systematic traverses or drill holes. As the samples were collected from exposed mineralised material, the orientation of sampling relative to the geological structures was controlled by the orientation of the artisanal workings and the exposed quartz reef material. The sampling program was reconnaissance in nature and designed to confirm the presence of gold mineralisation rather than to test the true width or orientation of mineralised structures. No drilling has been undertaken at the Bondoukou Project by Dalaroo Metals at this stage; therefore, the relationship between drilling orientation and mineralised structures is not applicable. Due to the selective nature of rock chip sampling and the reliance on exposed mineralised material within artisanal workings, the sampling may introduce sampling bias, and the results should not be considered representative of the overall grade or continuity of mineralisation within the project area. Sample security The measures taken to ensure sample security Rock chip samples were collected by Dalaroo Metals geological personnel and placed into labelled sample bags at the time of collection. Each sample was assigned a unique identification Sub-section JORC Code Explanation Disclosure number which was recorded in the field by the supervising geologist. Following collection, samples were securely stored and transported by company personnel from the field site to the analytical laboratory. Sample bags remained sealed and under company supervision during transport. Upon arrival at the laboratory, samples were logged and receipted by Intertek Laboratories, an internationally accredited analytical laboratory, prior to sample preparation and analysis. Audits or reviews The results of any audits or reviews of sampling techniques and data No external audits or formal independent reviews of the sampling techniques, data collection procedures, or analytical results have been undertaken at this stage of exploration. Sampling was conducted by Dalaroo Metals geological personnel using industry standard reconnaissance rock chip sampling techniques appropriate for early-stage exploration. The procedures applied are considered consistent with accepted exploration practices for this stage of work. The sampling data and assay results have been internally reviewed by company geological staff, including the Competent Person, to ensure that the data compilation and reporting are consistent with the requirements of the JORC Code (2012 Edition). Section 2: Reporting of Exploration Results Sub-section JORC Code Explanation Disclosure Mineral tenement and land tenure status Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area. The Bondoukou Project comprises the Gold Ridge exploration permit located in eastern Côte d’Ivoire, within the Birimian greenstone terrane of West Africa. Dalaroo Metals Ltd has entered into an agreement to acquire up to an 80% interest in the permit through a joint venture arrangement with the current permit holder, Goldridge SARL, a locally registered company in Côte d’Ivoire. Under the terms of the agreement, Dalaroo may earn its interest through staged exploration expenditure and project advancement milestones. Sub-section JORC Code Explanation Disclosure At the time of reporting, the permit is considered to be in good standing, and the Company is not aware of any material impediments to conducting exploration activities within the licence area. Exploration activities are subject to the standard regulatory approvals and compliance requirements of the Côte d’Ivoire mining code and environmental regulations. The project area includes historical and active artisanal mining activity, which is common within the Birimian gold belts of West Africa. The Company intends to engage with relevant stakeholders and local communities to ensure exploration activities are conducted responsibly and in accordance with applicable regulations. The Co