Yari Minerals (YAR) Q1 2026 TU earnings summary

Executive summary

• Courtney Taylor appointed Executive Director to lead advancement of the Rolleston South Coal Project.

• Defined maiden JORC Indicated Resource of ~33.7Mt, contributing to a total resource of ~223Mt, a 17% increase.

• Shallow coal intersected from ~48.9m, supporting potential for near-surface mining.

• Coal quality testwork confirmed low-ash, low-impurity product suitable for export markets.

• Ongoing engagement with potential strategic partners and commodity traders for joint venture and offtake opportunities.

Financial highlights

• Exploration expenditure for the quarter was $0.296 million.

• Cash position at 31 March 2026 was $0.816 million.

• Payments to directors for the quarter totaled $0.142 million.

Outlook and guidance

• Further updates expected on coal quality, geological interpretations, and targeted drilling activities.

• Continued focus on improving resource confidence and delineating shallow coal zones to support future development.