Second Gold Sale Scheduled for 16 October 2026

ASX Announcement
16 October 2026

ASX: MKR



Manuka Resources Limited - Level 4 Grafton Bond Building, 201 Kent St Sydney NSW Australia 2000
ABN 80 611 963 225 Tel 02 7253 2020 www.manukaresources.com.au

SECOND GOLD SALE SCHEDULED FOR TODAY AS
WONAWINTA REACHES FULL GOLD PROCESSING
CAPACITY


Highlights

• Manuka’s second gold sale from Wonawinta is now on route to the ABC refinery in
Sydney (this follows receipt of first gold revenues earlier this month)
• Wonawinta has now ramped up to full gold processing capacity, processing gold-
bearing material sourced from the 100%-owned Mt Boppy Gold Project
• Gold processing operations targeting strong operating profits, to continue ahead of the
planned commencement of silver circuit commissioning in late December
• Following commissioning and ramp-up, Wonawinta is expected to transition to
combined gold and silver processing in Q1 2027.

Manuka Resources Limited (“Manuka” or the “Company”) is pleased to advise that its second
gold delivery from the Wonawinta processing facility is now underway, marking another
important step in the Company’s return to sustained precious metals production.

The scheduled delivery follows receipt of Manuka’s first gold revenues earlier this month and
comes as the Company’s 100%-owned Wonawinta processing facility reaches full gold
processing capacity.
.

Wonawinta reaches full gold processing capacity

Following the recommencement of gold processing on 22 August 2026, Wonawinta has now
ramped up to full gold processing capacity, processing gold-bearing material sourced from
Manuka’s 100%-owned Mt Boppy Gold Project.

The achievement follows a progressive ramp-up of plant throughput, gold recovery and gold
loading within the processing circuit.

With gold production now established, Manuka will transition from its initial fortnightly sales cycle
to weekly gold sales, providing regular cash inflows from the operation. Manuka intends to
continue reporting gold sold and key plant operating metrics as the operation progresses.

Next phase – silver commissioning

Gold production will remain the immediate operational focus at Wonawinta ahead of the next
phase of the Company’s production strategy.

Manuka is progressing preparations for the Wonawinta silver circuit, with commissioning
scheduled to commence in December 2026.

Following commissioning and ramp-up of the silver circuit, the Company expects Wonawinta to

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Manuka Resources Limited - Level 4 Grafton Bond Building, 201 Kent St Sydney NSW Australia 2000
ABN 80 611 963 225 Tel 02 7253 2020 www.manukaresources.com.au
transition to combined gold and silver processing around February 2027.

The introduction of silver alongside existing gold production represents the next major step in
Manuka’s strategy to establish Wonawinta as a long-life, multi-source precious metals
production hub in the Cobar Basin.

Dennis Karp, Executive Chairman, commented:

“With our second gold delivery now underway and Wonawinta operating at full gold processing
capacity, we are continuing to deliver on the milestones we set for the restart of the operation.

“We have moved rapidly from restarting production in late-August to establishing consistent gold
production and steady revenues. With the plant now operating at full gold processing capacity,
we expect to move to a weekly gold sales cycle, providing increasingly regular cash inflows from
the operation.

“Our immediate focus is on maintaining consistent gold production through the remainder of the
year while preparing for the next stage of Wonawinta’s development.

“Silver commissioning is scheduled to commence in December, ahead of our planned transition
to combined gold and silver processing in the 1Q2027. This will represent another significant
step in unlocking the value of our Cobar Basin precious metals platform.”


This announcement has been approved for release by the Board of Directors of Manuka
Resources Limited


For further information contact:

Dennis Karp
Executive Chairman
Manuka Resources Limited
Tel. 02 7253 2020
admin@manukaresources.com.au

Compliance Statements
The information in this announcement that relates to previously reported Exploration Results, Exploration Targets, Mineral
Resources, Ore Reserves, Production Targets and Financial Forecasts is extracted from the Company’s ASX announcements and
are available to view on the Company’s website. The Company confirms that in the case of estimates of Mineral Resources and
Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant 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 altered.

Important Information
This report includes forward-looking statements and comments about future events, including the Company’s expectations about
the performance of its businesses. Forward-looking words such as “expect”, “should”, “could”, “may”, “predict”, “plan”, “will”,
“believe”, “forecast”, “estimate”, “target” or other similar expressions are intended to identify forward-looking statements. Such
statements involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond
the control of the Company, and which may cause actual results, performance or achievements to differ materially from those
expressed or implied by such statements. Forward-looking statements are provided as a general guide only and should not be
relied on as an indication or guarantee of future performance. Given these uncertainties, recipients are cautioned to not place undue
reliance on any forward-looking statement. Subject to any continuing obligations under applicable law, the Company disclaims any
obligation or undertaking to disseminate any updates or revisions to any forward-looking statements in this report to reflect any
change in expectations in relation to any forward-looking statements or any change in events, conditions or circumstances on which
any such statement is based. No Limited Party or any other person makes any representation or gives any assurance or guarantee
that the occurrence of the events expressed or implied in any forward-looking statements in the report will occur.