Orosur has released assay results for five more holes from its Pepas Prospect (‘Pepas or ‘the Prospect’) Mineral Resource Estimate (‘MRE’) infill program. High grade intersections, including PEP060: 63.55m @ 8.23g/t Au and PEP064: 49.96m @ 4.29g/t Au, remain consistent with management expectations and progress work required for development of a three-dimensional geological model of the in-situ mineralisation. The Group is currently engaging with its geological consultants in advance of formally triggering the rigorous MRE process to ensure that assessment of the deposit is sufficiently advanced, and that all the necessary inputs are prepared ahead of the required site visit by Canadian Securities Administrators (‘CSA’). This is expected to take place about one month from now, in anticipation of release of a NI43-101 compliant MRE by the year end. A scheduled mid-program review that is expected to complete later in October should ensure all works remain aligned with management’s goals and timelines. Having closed an oversubscribed private placement offering for aggregate gross proceeds of c.C$20m* on 2 October 2025, the Group’s restrengthened balance sheet is now being directed principally to further advance exploration and development of the Anzá gold exploration project (‘Anzá’ or ‘the Project’), possibly including delivery of a second drill rig, along with general working capital needs. With an increasingly high expectation that Pepas’ maiden MRE will define a shallow, low-cost highly economic orebody, Orosur now appears to be sufficiently funded to take the Prospect to the point of extraction followed by toll processing; in tandem it will also advance its evaluation of historic/future drilling on APTA’s hybrid mineral system possibly with a view to calculating a further maiden MRE in the coming year, while also planning further work programs on both Pepas North and El Cedro. Given its success to date, investors can be expected to remain supportive of the Board’s much larger mining ambitions both for Anzá and El Pantano (in Argentina), either of which might eventually dwarf findings at Pepas to date.