Announcement PDF ASX ANNOUNCEMENT AMENDED ANNOUNCEMENT - BONDOUKOU RC DRILLING MOVES TO TWO-SHIFT OPERATIONS AS FIRST SAMPLES ARE DISPATCHED Dalaroo Metals Limited (ASX: DAL) (“Dalaroo” or “the Company”) refers to its announcement released to the ASX on 22 September 2026 titled “Drilling Progresses at Dalaroo Bondoukou Gold Ridge Project” (Original Announcement). The Company has amended the announcement which follows on from this cover. The changes to the Original Announcement are: 1. Visual observations – inclusion of the nature of the mineral occurrences, the minerals observed, visual estimates of mineral abundance by interval for BDRC001 (Table 1) and the anticipated timing of assay results (October 2026). 2. Cautionary statements – included proximate to, and with equal prominence to, each reference to visual observations. 3. Appendix 1 (JORC Code Table 1) – updated consistent with the above. Other than the above, the information in the Original Announcement is unchanged. End 28 September 2026 ASX ANNOUNCEMENT AMENDED ANNOUNCEMENT – BONDOUKOU RC DRILLING MOVES TO TWO-SHIFT OPERATIONS AS FIRST SAMPLES ARE DISPATCHED Maiden 24-hole program accelerating, with the first samples away to the laboratory and assays pending Highlights: Dalaroo Metals Limited (ASX: DAL, OTCQB: DALMF) (“Dalaroo” or “the Company”) is pleased to provide an operational update on its maiden Reverse Circulation (“RC”) drilling campaign at the Bondoukou Gold Ridge Project in Côte d’Ivoire. Drilling is progressing well following the completion of the campaign’s initial training and familiarisation period. The campaign is the first drilling program to test the Gold Ridge target corridor, which was defined through earlier soil, auger, geological and magnetic surveys [2][3][4] . The Company deliberately prioritised the establishment and testing of site procedures during the opening phase of thecampaign to support safeand effectiveoperations. This included training local support personnel assisting with drill-site activities, sample handling and general program support. With that foundation in place, nightshift 28 September 2026 • RC drilling is progressing at the Wilfred target as part of the Phase 1 program designed to test the Wilfred, Mag and Ali targets at the Bondoukou Gold Project in Côte d’Ivoire. • The initial campaign period prioritised safe and effective operating procedures and the training of local support personnel assisting with the program. • Initial training and familiarisation are complete and night-shift drilling has commenced. • Drilling is currently expected to operate six days per week while respecting local customs and community practices. • Preliminary logging of BDRC001 identified several zones of quartz veining. These visual observations do not determine whether gold mineralisation is present or its grade, which can only be established through laboratory analysis expected in October 2026. Cautionary statement: Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations. • The first batch of RC samples has been dispatched to the laboratory for analysis. 2 dalaroometals.com.au | ASX: DAL drilling has commenced, and the rig is expected to operate six days each week, subject to safety, ground conditions and community requirements (see Figure 1). For further information about Dalaroo, please Click Here. Management Commentary Dalaroo Chief Executive Officer, John Morgan, commented: “We deliberately took the time at the beginning of this campaign to make sure the right systems, procedures and training were in place. That work has provided a strong foundation for a safe and effective drilling program and included hands-on training for local support personnel assisting the team. “Having completed that initial training and familiarisation phase, we have now introduced a nightshift. The rig is expected to operate six days a week, balancing efficient progress with respect for local customs and community practices. “Drilling has progressed steadily, and the first batch of samples has now been sent to the laboratory. While visual observations are preliminary and laboratory assays are required to determine grade, we look forward to receiving the first results, with assays currently pending from the laboratory.” Figure 1. RC rig on the first hole at the Bondoukou Gold Ridge Project. Drilling Progress and Shift Expansion Drilling at Bondoukou is progressing well. During the opening phase, Dalaroo deliberately focused on establishing clear procedures, site routines and lines of responsibility to support a safe and effective campaign. The program included practical training and familiarisation for local support personnel working alongside the Company’s exploration team and drilling contractor. 3 dalaroometals.com.au | ASX: DAL With the initial training and familiarisation period now complete, the campaign has moved to a two-shift operating schedule and nightshift drilling has commenced. The rig is currently expected to operate six days each week, subject to safety, equipment availability, ground conditions, access and community requirements. The schedule is designed to maintain efficient progress while respecting local customs. The first hole, BDRC001, has been completed to a final depth of 250 metres, and the second hole has advanced to 180 metres of its planned 250-metre depth (see Figure 3). Approximately 430 metres of the initial 4,200-metre orientation program have been completed to date. Early Geological Observations and Assay Program RC drill samples recovered to date have been logged for lithology, alteration, weathering, quartz veining and sulphide content. Sample condition, moisture content and recovery are also monitored throughout drilling. Preliminary geological logging of the first RC hole, BDRC001, identified several zones of quartz veining with characteristics similar to veins observed in nearby artisanal workings [1] (see Figure 2). These observations are visual and preliminary in nature. Laboratory assays are required to determine whether gold mineralisation is present and, if so, its grade and significance. Quartz veining in BDRC001 occurs as quartz, quartz–sulphide and quartz–carbonate veins, with visually estimated vein abundances of 0.1% to 0.4% per logged interval, and as a 4-metre downhole interval of milky quartz vein from 168 to 172 metres (true width not known). Veining is hosted within foliated to sheared volcaniclastic and rhyolitic (felsic volcanic) units below approximately 43 metres, with quartz also logged in saprolite from 1 to 35 metres. No veining was logged within the basalt (mafic volcanic) unit from 127 to 153 metres. The host units display foliation and shear fabrics, with a zone of faulting and fracturing logged from 52 to 54 metres; the orientation of the veins relative to the foliation cannot be determined from RC chips from a single drill hole, and true widths are not known. Minerals observed within and adjacent to the veined intervals comprise quartz, pyrite and minor carbonate, associated with silicification and chlorite alteration, with localised potassic alteration logged between 43 and 52 metres. Pyrite is the only sulphide logged and occurs as both massive and disseminated pyrite within the RC chips, with visually estimated abundances of 0.1% to 0.6% per logged interval, the highest (0.6%) between 172 and 181 metres. Visual estimates of mineral abundance for each logged interval in BDRC001 from surface to end of hole (250 metres) are set out in Table 1 below. Cautionary statement: Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations. Table 1. Visual estimates of vein and sulphide abundance in BDRC001, 0–250 metres downhole (end of hole). Cautionary statement: Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations. From (m) To (m) Lithology Alteration (intensity) Vein type Vein (%) Sulphide Sulphide (%) 0 1 Laterite / ferricrete Hematite (strong) – – – – 1 35 Saprolite Limonite / goethite (intense) Quartz 0.1 – – 35 43 Saprock Chlorite (pervasive) – – – – 43 52 Volcaniclastic with quartz veining Silicification and potassic (localised)* Quartz– sulphide 0.3 Pyrite 0.4 52 54 Rhyolite / felsic volcanic (faulted) Silicification (pervasive) Quartz 0.4 Pyrite 0.2 54 60 Volcaniclastic Silicification (pervasive) Quartz 0.4 Pyrite 0.1 4 dalaroometals.com.au | ASX: DAL From (m) To (m) Lithology Alteration (intensity) Vein type Vein (%) Sulphide Sulphide (%) 60 115 Rhyolite / felsic volcanic, minor sandstone Silicification (intense) Quartz– sulphide 0.1 Pyrite 0.2 115 127 Volcaniclastic Chlorite (moderate) Quartz– sulphide 0.1 Pyrite 0.2 127 153 Basalt / mafic volcanic (strongly magnetic) – – – – – 153 168 Volcaniclastic with quartz veining, minor deformed sandstone Chlorite (pervasive) Quartz 0.1 Pyrite 0.4 168 172 Quartz vein (milky)† – Quartz vein 0.1 – – 172 181 Volcaniclastic (sheared) Chlorite (strong) Quartz 0.1 Pyrite 0.6 181 190 Rhyolite / felsic volcanic Silicification (pervasive) – – Pyrite 0.2 190 193 Volcaniclastic Chlorite (intense) – – – – 193 202 Rhyolite / felsic volcanic, minor sandstone Silicification (pervasive) – – – – 202 207 Volcaniclastic (fractured) Chlorite (moderate) Quartz 0.1 Pyrite 0.1 207 234 Rhyolite / felsic volcanic (crushed 228–234 m) Chlorite (strong) Quartz– carbonate 0.1 – – 234 250 Volcaniclastic Chlorite (strong) – – Pyrite 0.2 Notes: Visual estimates are the logging geologist’s estimates of percentage by volume for each logged interval. “–” = not observed; “n.r.” = observed but abundance not recorded. *Alteration type not recorded for this interval; description from the geologist’s comments. †Interval logged as a milky quartz vein (downhole width 4 m; true width not known). Pyrite occurs as massive and disseminated pyrite within the RC chips. Vein orientations and true vein widths cannot be determined from RC chips. Laboratory assay results for BDRC001 are anticipated in October 2026. • The first batch of RC samples has been dispatched to the laboratory for analysis. • Assay results for BDRC001 are anticipated to be received and released to the market in October 2026. • Assay timing remains subject to laboratory turnaround times, sample preparation and completion of the Company’s QA/QC review and validation processes. • RC samples are collected at one-metre intervals, with certified reference materials, blanks and field duplicates inserted into the sample stream as part of the QA/QC program. • Representative drill-chip samples are retained in labelled trays, photographed and stored to support ongoing geological interpretation. • Downhole surveys are completed using an IMDEX gyro to confirm drill-hole orientation. • Any material Exploration Results will be reported following receipt, validation and geological interpretation of the laboratory assay results. 5 dalaroometals.com.au | ASX: DAL Figure 2. Chip trays from BDRC001, the first drill hole at the Bondoukou Gold Ridge Project, from approximately 30 to 120 metres downhole, showing quartz veining. Visual estimates of mineral abundance for these intervals are set out in Table 1. Cautionary statement: Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations. The presence of quartz veining does not imply the presence of gold mineralisation; the image is illustrative only of the geology logged in the first hole. Laboratory assays are required to determine whether gold mineralisation is present. Drilling Program Overview Drilling is continuing as part of the initial orientation program, which comprises 24 RC holes planned to depths of approximately 150 to 250 metres, for a total of approximately 4,200 metres (see Figure 4). Approximately 430 metres have been drilled to date, comprising the completed first hole (BDRC001, 250 metres) and the second hole currently at 180 metres of a planned 250 metres, with the initial holes testing selected priority areas from opposing directions. The program is designed to provide an initial test of the priority targets and establish the geological and structural framework required to guide subsequent drilling. The holes are distributed across 11 planned drill fences and were prioritised using integrated soil and auger geochemistry, geological mapping, structural interpretation, magnetic datasets and the distribution of nearby artisanal workings [2][3][4] . This integrated targeting approach is intended to test the relationships between surface gold anomalism, interpreted structures, lithological contacts, quartz veining and alteration. Selected priority areas will initially be tested using opposing drill directions, generally towards the northeast and southwest. This scissor-drilling approach is designed to test alternative structural orientations and reduce the risk of the initial holes being drilled parallel or subparallel to the principal targeted structures. Geological logging will document lithology, weathering, alteration, quartz veining, sulphide content and observable structural relationships. Downhole surveys will confirm drill-hole orientation and provide additional information to support three-dimensional geological interpretation. 6 dalaroometals.com.au | ASX: DAL Observations from the initial holes will be progressively assessed to refine the orientation, spacing and design of subsequent drilling. Where geological observations warrant, drill locations and orientations may be adjusted to provide more effective testing of the priority target areas. Figure 3. RC drill rig setting up on the second drill hole collar. 7 dalaroometals.com.au | ASX: DAL Figure 4. Oblique view of planned Phase 1 RC drilling across the Wilfred, Mag and Ali targets. The plan shows the 24 initial orientation holes (Part A, white) and the indicative 78 fence holes (Part B, black). No significant discovery or assay intersection is reported. Selected high-confidence areas are being tested from opposing directions. Once geological evidence establishes the preferred orientation of any mineralisation, subsequent holes may be drilled predominantly from that direction to improve intersection angles and geological coverage. Holes may also be repositioned, reoriented, extended, shortened or reprioritised in response to geological observations. Subject to results from the initial 24 holes, the indicative follow-up program comprises 78 RC holes drilled to approximately 100 metres, representing a further 7,800 metres. Drill fences, ranging from approximately 250 to 800 metres across the surface anomalies, arealigned with existing auger traverses where practicable to integrate datasets and minimise additional clearing, ground disturbance and crop compensation. RC samples will be collected at one-metre intervals using the rig-mounted cyclone and splitter, with sample condition, moisture and recovery monitored throughout drilling. Certified reference materials, blanks and field duplicates willbe inserted at a combined frequency of approximately oneQA/QC sampleper 20routinesamples, or more frequently where required. Any QA/QC failures will be investigated and affected samples re-assayed before results are used for geological interpretation or public reporting. 8 dalaroometals.com.au | ASX: DAL Downhole surveys will be completed using an IMDEX gyro or equivalent approved instrument. Geological logging will record lithology, weathering, alteration, quartz veining, sulphide mineralogy, oxidation, observable structures and sample recovery. Representative chips will be retained in labelled trays, photographed and stored for future reference. The 102-hole program will be managed progressively, with collar locations, orientations and depths adjusted where geological information, access, safety or community requirements justify changes. Geological information will be reviewed after each hole and following the initial orientation phase to refine and prioritise subsequent drill fences. Safety, Training and Local Capability Dalaroo’s Côte d’Ivoire exploration team has successfully led the operational ramp-up of the drilling campaign, establishing a strong foundation for the safe, efficient and sustained advancement of the program. The initial phase focused on implementing safe work procedures, effective drill-site coordination, robust sample-handling workflows and clear lines of communication between the Company, its drilling contractor and local support personnel. A key feature of this phase has been the practical training and familiarisation of local personnel supporting drill- site activities, sample management and general field operations. The successful completion of this work has strengthened local capability, improved operational coordination and contributed to a highly engaged and effective site team. With the required procedures, training and site familiarisation now completed for the current operating phase, nightshift drilling has commenced. This represents an important increase in operational capacity and provides the campaign with additional momentum as drilling advances across the Bondoukou Gold Ridge Project. The transition to an expanded operating schedule reflects the strong progress achieved by the Côte d’Ivoire team and drilling contractor. Importantly, the program continues to maintain Dalaroo’s safety standards, community- engagement commitments and respect for local customs while supporting employment, skills development and lasting capability within the surrounding communities. Technical Commentary Frank Twum-Berima Bosompem, Exploration Manager – Côte d’Ivoire, commented: “We are extremely pleased with the progress of the RC drilling campaign at Bondoukou. The initial operational phase allowed our team to establish robust safety procedures, coordinate drill-site activities and complete the training and familiarisation of local support personnel. With these foundations now firmly in place, nightshift drilling has commenced, and the program is building strong momentum. “Early drill returns include features that will help us refine our understanding of the structures, alteration and geological controls across the Gold Ridge target corridor. These observations remain preliminary, and laboratory assays will ultimately determine the presence and grade of any gold mineralisation. “The first batch of RC samples has now been dispatched to the laboratory, with initial assays pending results. As drilling progresses, observations from each hole will be incorporated into our geological interpretation and used to refine the orientation, sequence and priority of subsequent holes. “This is a dynamic, geology-led campaign designed to respond quickly to emerging information. If the initial RC drilling delivers the results we are targeting, we will be well positioned to advance priority areas through additional RC drilling and potentially deeper diamond drilling.” 9 dalaroometals.com.au | ASX: DAL Preparing for Potential Diamond Drilling at Bondoukou Dalaroo is positioning itself to move quickly should the initial RC drilling deliver encouraging results at the Bondoukou Gold Ridge Project. The Company is already in discussions with drilling contractors regarding the potential mobilisation of diamond drill rigs to Bondoukou before the end of 2026, subject to encouraging geological observations and assay results from the initial RC drilling campaign. This forward planning is intended to provide the Company with the flexibility to move quickly into deeper drilling of priority targets without unnecessary mobilisation delays. Where geological observations or assay results support further investigation, Dalaroo may modify the sequence, orientation or depth of planned RC holes to ensure the campaign remains responsive to emerging geological information. Selected RC holes may also be cased to preserve the option of completing future diamond tails, allowing the Company to efficiently test the depth continuity, structural controls and geological character of any significant mineralisation identified during the RC program. The potential introduction of diamond drilling would form the next stage in the systematic evaluation of the Gold Ridge target corridor. Any transition to diamond drilling will remain subject to successful initial RC results and separate technical, budgetary and Board approval. Diamond drilling is not included in the current RC drilling estimate. Next Steps • Continue the initial 24-hole, approximately 4,200-metre orientation program,of which approximately 430 metres have been completed, and refine drill priorities using observations from each hole. • Dispatch sample batches progressively and monitor laboratory progress. • Receive and release the initial assay results for BDRC001, anticipated in October 2026, subject to laboratory turnaround and QA/QC validation. • Validate, interpret and report material exploration results as they become available. • Update the integrated geological and structural model for the Wilfred, Mag and Ali targets. • Assess priority zones for follow-up RC or potential diamond drilling, subject to exploration results. • Continue engagement with local communities, landholders and project stakeholders. References 1. Refer Dalaroo ASX announcement, 9 March 2026: “Bondoukou Goldridge Due Diligence Assay Results”. 2. Refer Dalaroo ASX announcement, 19 March 2026: “Major 2.5 km Gold Drill Target Defined at Gold Ridge Bondoukou Project, Côte d’Ivoire”. 3. Refer Dalaroo ASX announcement, 2 June 2026: “Gold Ridge Soils Define 4.3km Anomaly, Peak 2,188ppb Au”. 4. Refer Dalaroo ASX announcement, 15 June 2026: “Dalaroo Defines ~7km Gold Corridor at Gold Ridge with Peak Soil Assay of 23.26g/t Au”. 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: Dalaroo Metals Website John Morgan Chief Executive Officer T: +61 410 774 319 E: info@dalaroometals.com.au Competent Person’s Statement The information in this announcement that relates to Exploration Results is based on, and fairly represents, information and supporting documentation compiled by Mr John Morgan, a Member of the Australasian Institute of Mining and Metallurgy. Mr Morgan is the Chief Executive Officer of Dalaroo Metals Limited. Mr Morgan has sufficient experience relevant to the style of mineralisation and type of deposit under consideration, and to the exploration activities 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 (JORC Code). Mr Morgan consents to the inclusion in this announcement of the matters based on his information in the form and context in which they appear. The Exploration Results addressed in this announcement include preliminary geological observations from the Company’s current RC drilling program and previously reported Exploration Results identified in the References section. No laboratory assay results from the current RC drilling program are reported in this announcement. The geological observations are visual and preliminary in nature, and laboratory assays are required to determine whether gold mineralisation is present and, if so, its grade and significance. The Company confirms that it is not aware of any new information or data that materially affects the previously reported Exploration Results referenced in this announcement. The Company also confirms that the form and context in which the relevant Competent Person’s findings were presented have not been materially modified from the original market announcements. JORC Code Table 1 disclosures covering Sections 1 and 2 are provided in Appendix 1 and relate to the current RC drilling program and the preliminary geological observations reported in this announcement. 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 exploration activities, including geological mapping, surface and auger sampling, geochemical analysis and geophysical surveying. These statements do not constitute, and should not be construed as, a Mineral Resource or Ore Reserve estimate as defined under the JORC Code. Dalaroo Metals Limited undertakes no obligation to update or revise any forward- looking statements, except as required by law. 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 LagoonProject in south-west Greenland, prospective for rare earth elements (REE), zirconium and niobium, a rapidly growing portfolio of gold exploration assets in Côte d’Ivoire, including the Bondoukou Gold Project within the highly endowed Birimian Greenstone Belt of West Africa, and the Lyons River and Watheroo Projects 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. dalaroometals.com.au | ASX: DAL 11 dalaroometals.com.au | ASX: DAL Appendix 1 – 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. Samples comprise reverse circulation (RC) drill cuttings collected over nominal 1 m downhole intervals. Each interval is collected through the drill cyclone and split using a riffle splitter to produce a representative laboratory sample weighing approximately 3 kg. The remainder of each interval is retained at the drill site. Sample condition, including whether samples are dry, moist or wet, is visually monitored during drilling. 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). Drilling is undertaken using reverse circulation (RC) methods. The rig is a crawler-mounted PRD OZ RC rig equipped for RC drilling, with a 1,200 CFM / 500 PSI air compressor and the necessary ancillary tooling carried on a truck bearer. RC holes are drilled at a diameter of 140 mm. No diamond core drilling has been undertaken as part of this program, and accordingly core diameter, tube configuration, depth of diamond tails and core orientation are not applicable. 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. RC sample recovery, condition and moisture are visually monitored during drilling but were not quantitatively recorded for BDRC001. The cyclone and splitter are inspected and cleaned routinely to mini