Ann: Lady Annie Exploration and Glencore Collaboration Update, page-3

21 June 2023
Lady Annie Exploration and Glencore Collaboration

Update
Copper producer Austral Resources Australia Ltd (ASX: AR1) (“Austral” or the “Company”) provides an
update to the Company’s ASX release of 6 June 2023 and provides the following drilling results as
detailed in Tables 1 & 2 including 5m @ 0.54% Cu at Lady Annie.

A total of 18 RC holes completed in 2023 by Austral at Lady Annie are reported. In addition, a further
24 drillholes earlier completed by Glencore are reported.

Table 1 – Austral Lady Annie Results. Significant Intersections of material logged as oxide or
transitional, details for drillholes detailed in Appendix 1 completed in 2023 by Austral.

Prospect Hole_ Length Cu% Significant Result

Lady Annie
8m @ 0.4% Cu from 78m

2m @ 0.7% Cu from 82m

18m @ 0.31% Cu from 102m

5m @ 0.54% Cu from 110m

14m @ 0.75% Cu from 50m

Lady Treska
8m @ 0.33% Cu from 27m

7m @ 0.3% Cu from 25m

9m @ 0.3% Cu from 42m

4m @ 0.32% Cu from 21m

2m @ 0.37% Cu from 40m