Yari Minerals (YAR) Q3 2025 TU earnings summary

Executive summary

• Increased JORC (2012) Inferred Resource at Rolleston South Coal Project by 26% to 190Mt, integrating new coal seam gas well data.

• Finalised drill targets and regulatory approvals for inaugural drilling at Rolleston South to upgrade resource category and confirm semi-soft metallurgical coal potential.

• Raised $1.5 million via share placement to fund drilling and working capital, with strong institutional support.

• Strengthened leadership with appointments of a new Technical Director and Company Secretary.

Financial highlights

• Exploration expenditure for the quarter was $0.209 million.

• Cash position at 30 September 2025 was $2.491 million, up $1.035 million from the prior quarter.

• No external debt as of quarter end.

• Payments to directors for salaries, fees, and superannuation totaled $0.102 million.

Outlook and guidance

• Drilling campaign at Rolleston South to commence, targeting resource upgrade from Inferred to Indicated and confirming coal quality.

• Ongoing geotechnical and metallurgical test-work to support future mining studies.

• Pending results from ultra-fine fraction geochemical sampling at Western Australian lithium projects.