Announcement PDF ASX Announcement – 22nd July 2025 THREE RIGS DRILLING AT MT IDA Planned 130,000 metre drill program underway HIGHLIGHTS • Company strategy is dual stream focusing on regional exploration as well as development of the 930koz @ 4.1g/t 1 Baldock Resource • Three Rigs currently drilling - one Diamond Rig and two Reverse Circulation • 18 high priority exploration targets have been identified across 26km of prospective strike • Existing exploration targets to be refined and additional targets anticipated following results from a High-Resolution Drone Mag survey recently completed across the entire 26km prospective strike • A Fourth Reverse Circulation rig will mobilise within the next 2 weeks to accelerate exploration activities • Growth & Development programs supported by the Company’s recent IPO and ASX listing where the Company achieved a heavily oversubscribed raising of $30M Commenting on the commencement of drill programs, Managing Director Paul Brennan said: “The site team has been diligently preparing for the commencement of drilling. Drill Contracts have been awarded, drill pads are prepared and field reconnaissance has continued to deliver additional walk up exploration targets across the 26km of underexplored continuous greenstone belts. I’m encouraged by the teams enthusiasm for the potential exploration upside, the conviction is already there. We will pursue our growth and development strategy as laid out in the Prospectus 1 and Use of Funds. I thank all investors who have contributed to the IPO and we will continue to keep the market updated regularly as we put IPO funds into the ground across the Project Area. We are looking for another Baldock.” 1 Refer to the Ballard IPO Prospectus lodged with the Australian Securities and Investment Commission ("ASIC") and dated 30th May 2025 (as amended by the Supplementary Prospectus lodged with ASIC and dated 17 June 2025). P: +61 8 6466 7500 E: info@ballardmining.com.au A: Level 2, 18 Richardson Street, West Perth WA 6005 ASX: BM1 ballardmining.com.au Ballard Mining (ASX:BM1) (“Ballard” or “the Company”) is pleased to provide an update on exploration and drilling programs at its Mt Ida Gold Project, the first update since its initial public offering (“IPO”) and ASX listing on the 14th July 2025. Located 540km northeast of Perth, in the Goldfields region of Western Australia (Fig.1). The Mt Ida Gold Project covers 26km of prospective greenstone belt, folded around the Copperfield Granite. Fig. 1 – Ballard’s Mt Ida Gold Project, located in Western Australia’s Goldfield Region. The Project includes six granted mining leases, and is fully permitted for mining, including an approved Mining Proposal, Mine Closure Plan and no Native Title claims currently affect the tenements. The mining approvals are already in place for both open pit and underground mining at the Baldock deposit, which is the primary area of high-grade gold mineralisation. A Works Approval application for up to 1.5Mtpa Processing and Tails Storage has been submitted and is currently under assessment. The Mt Ida Gold Project hosts a JORC 2012-compliant Mineral Resource Estimate totalling 10.3 million tonnes @ 3.3 g/t Au for 1.1 million ounces of contained gold 2. The Baldock deposit, which comprises over 84% of the total ounces, is advanced and forms the basis for near-term development studies. A 50,000m exploration program has been budgeted across the Project particularly targeting highly prospective and underexplored zones along the 26km strike of both the Baldock Thrust and the Ballard Fault. An 80,000m infill drilling program is underway to increase resource confidence at Baldock. 2 Refer to the Ballard IPO Prospectus lodged with ASIC on 30th May 2025 (as amended by the Supplementary Prospectus lodged with ASIC and dated 17 June 2025) for further information on the MRE. ASX: BM1 ballardmining.com.au 2 Mt Ida Exploration – Growth The Mt Ida Gold Project has significant exploration potential in a well-endowed gold district. The Company is undertaking an aggressive drilling campaign which includes 50,000 metres of exploration drilling. Extensive boots on the ground exploration has been completed which has identified 18 compelling walkup drill targets (Fig. 2). These targets are supported by historical significant intercepts, high-grade rock chips and well-developed artisanal workings, the majority of which have not been tested with modern exploration methods. These 18 prospects have provided the basis for the first-pass Phase 1 exploration program while Phase 2 will focus on follow up drilling from Phase 1 as well as additional targets identified via the detailed structural interpretation of the high-resolution drone mag survey. Phase 3 will focus along the Bottle creek trend which is along strike from an operating mine, hosts a strong >3km geochemical anomaly and has never been adequately tested. Figure 2 – Mt Ida identified Au prospects with planned infill and Phase 1 exploration programs which are supported by historic data as seen in Appendix B and the Ballard IPO Prospectus lodged with ASIC on 30th May 2025 (as amended by the Supplementary Prospectus lodged with ASIC and dated 17 June 2025 ASX: BM1 ballardmining.com.au 3 The Baldock Thrust has ~13 km of strike and hosts significant untested or underexplored zones along strike from both the Baldock and Bombay mineral resources (Fig. 3). Figure 3 – Baldock Thrust target exploration areas highlighted in pink for step out and exploration drilling The Ballard Fault (Fig. 4) also hosts multiple historic workings and high-grade rock chips and drill intercepts that have never been followed up. The Company considers it highly prospective for new discoveries and looks forward to testing these targets in the coming weeks. Figure 4 – Ballard Fault (RHS) showing the Neptune prospect (LHS) with historical rockchip3 sampling, 3 Refer to the Ballard IPO Prospectus lodged with ASIC on 30th May 2025 (as amended by the Supplementary Prospectus lodged with ASIC and dated 17 June 2025) for further information on the MRE and historic data Referenced in Appendix B ASX: BM1 ballardmining.com.au 4 Mt Ida Infill Program - Development The infill drilling program at the Baldock deposit is a core component of Ballard Mining's exploration and development strategy at the Mt Ida Gold Project (Fig. 5). The infill drilling program is designed to increase the confidence of the existing Mineral Resource at Baldock, upgrading the Resource classification from Inferred to Indicated categories. The drilling will also support geotechnical and metallurgical studies to a Feasibility Level of detail. The entire 80,000m infill and extensional drilling program is underway and fully prepared with earth works complete at every drilling location (Fig. 6) Figure 5– Baldock MRE showing significant intercepts and resource growth during 2025 MRE update. ASX: BM1 ballardmining.com.au 5 Figure 6 – View to 3 drill rigs conducting infill at Baldock The additional drill rigs mobilised to site will continue the ongoing infill program at Baldock which has progressed as a result of the $4 million loan facility provided by Delta prior to Ballard’s ASX listing which has now been repaid out of the proceeds of the Company’s IPO. The Company will also complete step-out drilling to extend existing resources at Baldock, West Knell, Kestrel & Jupiter in areas which are open along strike and at depth. The Company will continue to keep the market updated on drilling programs with assays expected in the coming weeks. Next Steps: • Commence Phase 1 Exploration program • Continue Infill drill program at Baldock • Interpret high-resolution drone magnetics data to aid further target generation • Complete initial Production Bores at Lake Raeside Paleochannel for additional water supply • Commence DFS level metallurgical and geotechnical studies -END- This release is authorised by the Board of Directors of Ballard Mining Limited. For further information visit our website at ballardmining.com.au or contact: PAUL BRENNAN Managing Director info@ballardmining.com.au ASX: BM1 ballardmining.com.au 6 About Ballard Mining Ballard Mining Limited (ASX: BM1) is an exploration and development company focused on advancing its Mt Ida asset towards production. With current JORC compliant resources of 10.3Mt @ 3.3g/Au, strong balance sheet and an experienced team driving the project development, Ballard is pursuing a growth and development strategy. The Mt Ida Project has high grade gold resources with 93% located on granted mining leases. The main Baldock area has received full open cut and underground mining approvals with a works approval for a 1.5Mtpa processing facility submitted to DWER and under assessment. Ballard is rapidly advancing the Mt Ida project through a strategic plan to increase confidence in the current MRE and also increase the global resource inventory via an aggressive exploration program. All modifying factors will be advanced simultaneously. Competent Person's Statement Information in this announcement that relates to exploration results is based upon work undertaken by Mr. Shane Murray, a Competent Person who is a Member of the Australasian Institute of Geoscientists (AIG). Mr. Murray has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a ‘Competent Person’ as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (“JORC Code”). Mr. Murray is an employee of Delta Lithium Limited (ASX:DLI) which provides contract services to Ballard and consents to the inclusion in this announcement of the matters based on his information in the form and context in which it appears. Past Exploration results and Mineral Resource Estimates reported in this announcement have been previously prepared and disclosed by Ballard in accordance with the JORC Code in its Prospectus lodged with ASIC and dated 30 May 2025 (as amended by the Supplementary Prospectus lodged with ASIC and dated 17 June 2025) (the Prospectus). The Company confirms that it is not aware of any new information or data that materially affects t he information included in the Prospectus. The Company confirms that the form and content in which the Competent Person's findings are presented here have not been materially modified from the Prospectus, and all material assumptions and technical parameters underpinning Mineral Resource Estimates in the Prospectus continue to apply and have not materially changed. Refer to the Prospectus for further information. Disclaimer This release may include forward-looking and aspirational statements. These statements are based on Ballard management’s expectations and beliefs concerning future events as of the time of the release of this announcement. Forward-looking and aspirational statements are necessarily subject to risks, uncertainties and other factors, some of which are outside the control of Ballard, which could cause actual results to differ materially from such statements. Ballard makes no undertaking to subsequently update or revise the forward looking or aspirational statements made in this release to reflect events or circumstances after the date of this release, except as required by applicable laws and the ASX Listing Rules. ASX: BM1 ballardmining.com.au 7 Appendix A: April 20254 Mineral Resource Estimate Cut off Open cut Au 0.5 g/t Underground Au 1.5 g/t All Deposit Tonnes (000s) Indicated Grade Ounces g/t Au (000s) Tonnes (000s) Baldock Kestrel Golden Vale Bombay West Knell Jupiter Mt Ida Tailings Baldock Kestrel Bombay West Knell Jupiter Baldock Kestrel Golden Vale Bombay West Knell Jupiter Mt Ida Tailings Total 2,600 4.5 365 1,570 3.6 - - - 940 1.6 - - - 496 Inferred Grade Ounces g/t Au (000s) Tonnes (000s) Total Grade g/t Au Ounces (000s) 200 4,120 4.2 563 48 940 1.6 48 1.7 27 496 1.7 27 711 1.3 30 711 1.3 30 238 3.3 25 238 3.3 25 50 1.7 3 50 1.7 3 - - - 500 0.5 8 500 0.5 8 242 4.8 37 2,610 4.0 338 2,850 4.0 368 - - - 80 1.8 5 80 1.8 5 30 3.0 3 30 3.0 3 192 2.4 15 192 2.4 15 2,840 4.5 - - - - 2,840 4.5 402 - 402 90 2.7 8 90 2.7 8 4,220 3.9 532 7,000 4.1 930 1,000 1.7 53 1,000 1.7 53 496 1.7 27 496 1.7 27 740 1.4 33 740 1.4 33 420 2.9 40 420 2.9 40 140 2.3 11 140 2.3 11 500 0.5 8 500 0.5 7,500 3.0 699 10,310 3.3 8 1,102 4 Refer to the Ballard IPO Prospectus lodged with ASIC on the 30th May 2025 (as amended by the Supplementary Prospectus lodged with ASIC and dated 17 June 2025) for further information on the MRE ASX: BM1 ballardmining.com.au 8 Appendix B: Historic Project Data Appendix B1: Historic Significant Results (>2 gpt) HOLEID BR6783400-4 BR6783400-5 BR6783600-8 BYDD002 BYDD003 BYRD004 BYRD005 C7 CAC029 CF012 CF013 CF015 CF016 CF021 CF022 CF022 CF023 CF023 CF023 CF025 CF025 CF025 CF025 CF026 CF026 CF041 CF043 CF043 CF043 CF045 CF045 CF045 CF045 CF046 CF046 CF058 CF058 CF058 CF058 CF058 FROM TO LENGTH Au gpt 21 22 1 3.3 17 18 1 2 33 35 2 4.25 69.9 70.5 0.6 4.36 128.6 129.55 0.95 5.21 112.3 112.9 0.6 7.88 194.2 195.2 1 8.6 18 24 6 2.31 0 3 3 108.71 11 12 1 2.14 17 18 1 2.86 3 6 3 4.43 13 14 1 2.03 12 16 4 2.16 38 39 1 3.15 48 50 2 6.09 0 1 1 2.43 9 11 2 3.22 15 16 1 4.63 17 18 1 2.68 24 30 6 10.46 35 36 1 2.02 45 47 2 16.25 25 27 2 4.24 32 33 1 6.82 25 26 1 4.83 46 48 2 5.68 56 57 1 3.26 63 72 9 2.43 27 28 1 2.88 47 48 1 4.26 54 55 1 2.54 68 69 1 2.22 22 23 1 3.03 34 36 2 4.42 72.9 73.45 0.55 8.21 79.1 82 2.9 2.16 84 85 1 2.29 97 97.65 0.65 4.18 108.5 109.25 0.75 3.13 ASX: BM1 ballardmining.com.au 9 HOLEID CF059 CF070 CF070 CF071 CF071 CF076 CF078 CF078 CF079 CF079 CF080 CF081 CF082 CF083 CF084 CF084 CF084 CF085 CF085 CF088 CF090 CF090 CF090 CF091 CF091 CF092 CF092 CF092 CF093 CF093 CF093 CF093 CF094 CF094 CF094 CF094 CF097 CF099 CF100 CF100 CF100 CF153 CF154 FROM TO LENGTH Au gpt 85 85.8 0.8 2.89 11 12 1 3.8 21 22 1 2.88 2 5 3 3.5 22 23 1 2.43 22 31 9 2.52 30 34 4 2.38 47 50 3 2.25 39 40 1 5.6 46 47 1 5.55 11 12 1 2.72 18 22 4 2.73 12 14 2 4.58 40 41 1 5.17 43 45 2 2.82 50 61 11 2.5 70 73 3 2.28 30 39 9 2.69 57 58 1 3.63 17 19 2 2.34 17 18 1 2.48 28 32 4 2.45 45 47 2 2.54 1 2 1 2.38 20 21 1 4.02 9 12 3 2.55 20 21 1 3.71 37 38 1 2.37 7 8 1 2.03 21 22 1 2.01 28 31 3 4.24 45 46 1 4.12 14 15 1 5.02 26 29 3 3.1 34 35 1 3.57 46 47 1 2.98 15 17 2 2.5 8 9 1 4.34 12 13 1 5 32 34 2 2.23 51 52 1 2.08 37 38 1 4.71 15 16 1 2.3 ASX: BM1 ballardmining.com.au 10 HOLEID CF155 CF157 CF157 CF158 CF159 CF160 CF161 CF161 CF161 CF161 CF162 CF162 CF163 CF163 CF163 CF166 CF166 CF166 CF167 CF168 CF169 CF169 CF184 CF187 CR231 CR232 DB05 DB07 DB22 DB25 DB26 DB35 DB36 DB39 DB50 DB54 DB55 DB55 DB56 DB57 DB58 DB59 DB60 FROM TO 13 32 53 60 0 4 2 9 23 30 2 27 29 38 45 27 42 59 1 37 7 20 15 19 0 0 5 38 9 17 35 16 31 31 20 18 29 31 16 10 12 24 15 14 43 54 63 7 5 3 16 25 31 14 29 32 39 46 28 43 62 2 39 9 26 16 20 2 2 6 39 10 18 36 20 33 32 22 19 30 32 19 12 20 25 19 LENGTH Au gpt 1 31.8 11 4.63 1 5.24 3 6.94 7 2.18 1 3.85 1 3.14 7 3.06 2 11.34 1 6.7 12 3.68 2 4.29 3 3.82 1 2.62 1 2.63 1 2.42 1 5.7 3 4.34 1 9.3 2 2.41 2 2.23 6 4.39 1 4.93 1 2.79 2 2.13 2 4.09 1 8 1 2.1 1 33.1 1 7.6 1 2.41 4 5.78 2 6.65 1 6.3 2 3.2 1 2.85 1 3.7 1 2.05 3 5.93 2 14.5 8 6.89 1 19.5 4 4.49 ASX: BM1 ballardmining.com.au 11 HOLEID DB61 DB62 DB69 DDH01 DDH03 DDH04 DDH05 DDH08 DDH1 DDH1 DDH10 DDH13 DDH3 DR43 DR46 DR47 DR51 DR58 DR59 DR67 DR69 DR70 DR70 FB32 GR6775000-8 GR6775000-9 GR6775500-4 GR6775700-10 GR6775700-11 GV002 GV003 GV003 GV004 GV004 GV008 GV009 GV009 GV011 GV014 GV015 GV023 GV024 GV025 FROM TO 9 20 16 69.5 235.07 98.05 41 61.5 51 54.5 304 56.2 107.75 19 30 17 17 12 18 15 28 6 12 7 7 22 6 13 7 45 15 54 27 40 21 31 44 21 22 7 42 20 21 11 21 17 71.25 235.68 99.88 42 62 51.5 55.75 305 58.3 108.25 20 33 22 21 13 19 16 29 9 13 9 8 23 7 14 8 46 19 55 28 41 23 36 45 23 23 8 43 21 26 LENGTH Au gpt 2 2.05 1 5.6 1 6.2 1.75 2.16 0.61 4.48 1.83 6.05 1 12.2 0.5 8.38 0.5 742 1.25 4.48 1 2.17 2.1 4.62 0.5 4.64 1 7.4 3 4.57 5 5.54 4 3.31 1 3.5 1 2 1 9 1 3.6 3 2.41 1 5.2 2 14.5 1 2.1 1 3.3 1 2.6 1 3.9 1 2.99 1 3.15 4 2.97 1 3.67 1 2.03 1 70 2 12.8 5 3.91 1 44.45 2 2.9 1 2.95 1 5 1 6.2 1 2.65 5 2.99 ASX: BM1 ballardmining.com.au 12 HOLEID GV026 GV026 GV026 GV031 GV032 GV034 GV035 GV038 GV038 GV039 GV040 GV044 GV045 GV049 GV050 GV051 GV055 GV056 GV058 GV058 GV059 GV062 GV063 GV063 GV064 GV065 GV066 GV069 GV073 GV074 GV074 GV075 GV076 GV079 GV080 GV081 GV082 GV085 GV086 GV086 GV088 GV089 GV091 FROM TO 24 39 46 25 5 32 18 20 35 41 25 33 22 14 39 16 30 17 17 19 14 11 10 37 19 0 47 23 16 15 23 18 29 25 34 15 30 11 17 21 16 20 28 25 40 47 27 6 33 20 21 43 42 27 34 23 15 40 17 31 18 18 20 18 12 20 38 20 1 48 24 17 16 25 19 30 30 35 16 37 13 18 22 17 21 29 LENGTH Au gpt 1 6.1 1 16.1 1 41.5 2 8.55 1 2.1 1 2.25 2 31.07 1 2.25 8 171.95 1 2.85 2 18.65 1 9.4 1 2.9 1 28 1 2.05 1 9.2 1 50 1 11.6 1 2.55 1 2.2 4 3.29 1 39 10 180.23 1 220 1 11.4 1 2.3 1 16.5 1 5 1 3.4 1 94.8 2 3.55 1 5.7 1 61 5 3.34 1 12.8 1 63.1 7 34.16 2 12.95 1 2.5 1 2.7 1 3.1 1 2.5 1 3.3 ASX: BM1 ballardmining.com.au 13 HOLEID GV092 GV099 GV100 GV100 GV102 GV102 GV103 GV111 GV112 GV112 GV113 GV114 GV119 GV120 GV120 GV121 GV121 GV125 GV125 GV125 GV126 GV128 GV129 GV130 GV131 GV133 GV134 GV140 GV140 GV143 GV151 GV151 GV152 GV155 GV156 GV157 GV160 GV160 GV161 GV162 GV163 GV163 GV163 FROM TO 26 15 20 28 22 27 28 35 18 23 22 20 16 21 27 0 34 17 27 33 17 19 40 9 18 20 21 17 26 14 24 29 6 24 66 58 25 41 66 28 5 22 34 28 16 21 29 23 28 35 36 20 24 23 21 17 22 30 1 35 19 28 34 18 26 41 12 19 21 22 18 27 16 25 30 7 25 67 59 30 42 67 29 9 23 35 LENGTH Au gpt 2 3.6 1 4.8 1 11.1 1 6.3 1 15.3 1 4.1 7 3.34 1 2.7 2 2.1 1 3.1 1 6.75 1 4.01 1 3.09 1 2.42 3 18.29 1 2.93 1 3.52 2 7.89 1 8.17 1 9.74 1 9.69 7 2.4 1 17.8 3 6.76 1 2.18 1 4.18 1 5.86 1 6.88 1 2.13 2 9.96 1 2.24 1 2 1 2.2 1 2.25 1 7.25 1 12.5 5 2.53 1 3.88 1 6.57 1 7.91 4 3.21 1 8.27 1 31.4 ASX: BM1 ballardmining.com.au 14 HOLEID GV168 GV168 GV169 GV170 GV170 GV170 GV171 GV171 GV172 GV172 GVP6775600-01 GVRC02 GVRC16 GVRC16 GVRC18 GVRC18 GVRC19 IDA 10 IDA 3 IDA 6 IDDD001 IDDD002 IDDD003 IDDD008 IDDD008 IDDD008 IDDD008 IDR006 IDR006 IDR058 IDR111 IDR177 IDR243 IDR421 IDR438 IDR440 IDR441 IDR467 IDR510 IDR576 IDR578 IDR605 IDR615 FROM TO LENGTH Au gpt 15 17 2 16.01 31 33 2 17.74 24 25 1 11.4 13 14 1 19.9 22 23 1 2.73 24 25 1 2 18 19 1 10.59 30 35 5 3.56 4 5 1 37 12 13 1 6.01 54 57 3 24.21 34 35 1 2.34 6 8 2 17.38 37 38 1 3.96 3 4 1 2.19 14 15 1 17.2 15 16 1 3.07 28 29 1 5.46 27 28 1 2.34 31 32 1 3.5 327 327.74 0.74 2.15 273.55 277.2 3.65 11.19 500 501 1 2.47 52 53 1 3.22 94 95 1 2.48 115 116 1 2.85 118 119 1 2.68 43 45 2 6.03 51 54 3 2.18 28 29 1 10.38 28 29 1 2.01 28 32 4 2.52 54 55 1 2.45 15 16 1 3.36 4 5 1 2.2 12 14 2 2.07 16 18 2 6.97 12 14 2 3.94 3 4 1 2.22 16 17 1 2.4 28 29 1 2.75 41 42 1 3.36 39 42 3 9.96 ASX: BM1 ballardmining.com.au 15 HOLEID IDRC002 IDRC003 IDRC007 IDRC010 IDRC010 IDRC011 IDRC015 IDRC018 IDRC019 IDRC020 IDRC024 IDRC025 IDRC026 IDRC026 IDRC027 IDRC028 IDRC030 IDRC033 IDRC036 IDRC039 IDRC055 IDRC056 IDRC059 IDRC061 IDRC062 IDRC064 IDRC065 KP01 KP02 KP03 MB06 MB11 MIB492 MIB559 MIB559 MIB566 MIB567 MIR148 MIR160 MIRC001 RAB3 RAB4 RCGV005 FROM TO LENGTH Au gpt 61 62 1 4.92 34 35 1 2.04 28 30 2 3.29 34 35 1 2.36 41 44 3 2.88 37 46 9 3.46 59 60 1 2.55 99 100 1 3.89 67 68 1 7.39 83 84 1 3.6 73 74 1 10.2 93 94 1 3.89 20 21 1 4.55 43 45 2 17.53 25 26 1 2.11 30 33 3 8.22 114 115 1 2.59 41 42 1 2.16 32 33 1 4.73 77 78 1 2.07 51 52 1 2.17 25 26 1 2.26 37 38 1 2.8 68 69 1 2.87 76 81 5 3.2 24 25 1 17.98 72 74 2 13.44 52.1 56.2 4.1 7.45 40.7 50.7 10 3.17 29 31 2 2.02 9 10 1 5.17 28 30 2 3.92 42 43 1 2.25 20 23 3 2.54 29 30 1 4.32 33 35 2 6.95 21 22 1 4.78 46 47 1 15.4 34 36 2 13.72 109 112 3 2.84 25 26 1 3.84 21 22 1 2.58 30 34 4 14.95 ASX: BM1 ballardmining.com.au 16 HOLEID RCGV013 RCGV013 SDAC030 SDDH1 SDDH2 SDP3 SDP4 SE1 SE2 SE3 SE3 TA02 TA10 TA17 TA19 TA20 TA24 TA25 TA25 TA27 TA30 TA31 TA37 TA38 TA41 TB29 TB30 TB31 TB32 TB34 TB35 TIB0015 TIB0023 TIB0024 TIB0047 TIB0048 TIB0048 TIB0060 TIB0061 TIB0063 TIB0071 TIB0073 TIB0113 FROM TO LENGTH Au gpt 24 25 1 2.42 42 46 4 3.57 9 13 4 2.68 129.9 131.4 1.5 13.9 126.6 127.4 0.8 52.7 40 43 3 2.17 10 11 1 2 29 30 1 2.08 31 32 1 4.2 5 6 1 7.42 24 30 6 3.15 30 31 1 6.07 39 40 1 5.62 33 34 1 8.74 32 34 2 3.5 31 32 1 5.32 30 31 1 2.35 27 28 1 2.21 33 36 3 4.97 22 24 2 5.67 28 30 2 6.95 40 42 2 7.34 24 26 2 3.65 24 25 1 3.4 30 33 3 3.53 20 25 5 10.65 28 29 1 4.47 16 23 7 3.81 24 27 3 14.08 30 32 2 4.02 20 24 4 5.16 45 46 1 5.47 16 17 1 7.31 44 48 4 2.35 24 25 1 2.41 15 16 1 2.21 26 27 1 5.51 20 22 2 87.97 32 39 7 2.73 38 39 1 5.1 28 29 1 2.13 44 45 1 9.85 53 54 1 3.14 ASX: BM1 ballardmining.com.au 17 HOLEID TIB0135 TIB0135 TIB0142 TIB0154 TIC0001 TIC0002 TIC0002 TIC0004 TIC0007 TIC0007 TIC0008 TIC0008 TIC0008 TIC0011 TIC0012 TIC0012 TIC0014 TIC0014 TIC0015 TIC0016 TIC0018 TIC0019 TIC0023 TIC0024 TIC0026 TIC0028 TIC0033 TIC0038 TIC0039 TIC0042 TIC0043 TIC0043 TIC0043 TIC0044 TIC0044 TIC0045 TIC0049 TIC0049 TIC0053 TIC0053 TIC0054 TIC0055 TIC0057 FROM TO LENGTH Au gpt 47 49 2 2.9 58 59 1 2.98 68 75 7 6.23 47 48 1 2.28 113 114 1 5.46 82 83 1 2.79 125 127 2 11.52 109 110 1 25.22 18 19 1 10.51 28 29 1 3.02 25 26 1 3.07 127 128 1 4.11 156 158 2 3.45 1 2 1 3.36 58 59 1 4.93 99 100 1 3.63 56 57 1 4.16 63 64 1 2.91 114 115 1 4.07 53 54 1 6.78 77 79 2 3.7 72 73 1 11.14 92 93 1 34.99 118 119 1 8.11 195 198 3 3.13 54 55 1 3.51 186 187 1 2.16 109 110 1 5.02 85 86 1 17.84 86 91 5 9.37 21 22 1 3.19 86 88 2 32.74 111 112 1 5.54 114 115 1 3.1 147 148 1 2.91 59 61 2 24.45 55 58 3 20.3 95 99 4 11.89 42 43 1 3.98 46 47 1 2.18 60 61 1 3.84 43 45 2 4.29 113 115 2 6.61 ASX: BM1 ballardmining.com.au 18 HOLEID TIC0057 TIC0058 TIC0058 TIC0059 TIC0060 TIC0061 TIC0064 TIC0064 TIC0066 TIC0071 TIC0072 TIC0074 TIC0076 TIC0078 TIC0079 TIC0080 TIC0080 TIC0082 TIC0083 TIC0084 TIC0086 TIC0087 TIC0087 TIC0088 TIC0089 TIC0089 TIC0089 TIC0090 TIC0091 TIC0092 TIC0093 TIC0094 TIC0095 TIC0096 TIC0097 TIC0097 TIC0098 TIC0099 TIC0101 TIC0101 TIC0102 TIC0102 TIC0103 FROM TO LENGTH Au gpt 128 129 1 2.54 101 102 1 10.54 112 113 1 3.21 35 37 2 3.57 117 118 1 2.64 98 102 4 2.86 59 60 1 2.13 71 72 1 2.26 52 53 1 6.84 78 79 1 9.04 92 93 1 5.91 64 65 1 2.25 98 100 2 12.06 102 104 2 2.59 87 88 1 3.89 93 94 1 4.85 105 106 1 5.55 99 100 1 13.02 113 114 1 13.62 102.5 103.5 1 51.73 96 97 1 4.21 73 75 2 4.58 94 95 1 4.14 0 1 1 4.39 0 1 1 2.52 108 109 1 14.57 129 129.5 0.5 2.74 102 104 2 27.65 74.5 75 0.5 26.65 95 96 1 8.99 81.5 82 0.5 23.73 101 101.5 0.5 3.62 105.5 108 2.5 15.21 113 116 3 54.92 71 72 1 2.9 83.5 84 0.5 2.33 79 80 1 3.79 65.5 77 11.5 12.83 74.5 75 0.5 12.84 88 89 1 2.44 140 141 1 2.48 148 149 1 2.49 197 199 2 5.1 ASX: BM1 ballardmining.com.au 19 HOLEID TIC0104 TIC0106 TIC0107 TIC0107 TIC0108 TIC0110 TIC0111 TIC0113 TIC0114 TIC0118 TIC0120 TIC0120 TIC0121 TIC0122 TIC0122 TIC0123 TIC0127 TIC0130 TIC0137 TIC0140 TIC0142 TIC0143 TIC0143 TIC0145 TIC0145 TIC0146 TIC0146 TIC0151 TIC0156 TIC0159 TIC0160 TIC0162 TIC0163 TIC0164 TIC0166 TIC0173 TIC0173 TIC0179 TIC0180 TIC0181 TIC0183 TIC0186 TIC0187 FROM TO LENGTH Au gpt 246 248 2 85.93 204 205 1 4.37 244 246 2 6.79 256 257 1 20.74 248 249 1 2.51 283 285 2 18.74 11 12 1 2.4 263 264 1 4.12 153 156 3 8.16 251 255 4 37.89 229 231 2 17.1 247 248 1 4.02 167 168 1 8.46 165 166 1 2.7 218 223 5 40.07 220 224 4 37.17 80 81 1 31.71 78 80 2 4.41 37 39 2 6.66 77 80 3 7.56 165 171 6 5.5 95 96 1 3.03 189 190 1 4.07 177 178 1 7.45 229 231 2 23.48 123 124 1 4.73 166 167 1 2.07 85 86 1 2.9 305 306 1 11.07 286 288 2 26.33 353 354 1 2.67 358 359 1 3.17 250 251 1 5.84 138 139 1 2.11 200 203 3 13.67 126 127 1 2.67 148 150 2 2.88 173 176 3 29.43 199 200 1 4.88 222 223 1 6.96 217 219 2 15.92 290 297 7 21.67 268 274 6 4.41 ASX: BM1 ballardmining.com.au 20 HOLEID TIC0188 TIC0190 TIC0192 TIC0192 TIC0195 TIC0196 TIC0198 TIC0199 TIC0200 TIC0211 TIC0211 TIC0223 TIC0224 TIC0225 TIC0226 TIC0226 TIC0228 TIC0228 TIC0230 TIC0231 TIC0231 TIC0233 TIC0234 TIC0235 TIC0237 TIC0239 TIC0240 TIC0240 TIC0240 TIC0241 TIC0242 TIC0245 TIC0245 TIC0246 TIC0247 TIC0248 TIC0248 TIC0250 TIC0251 TIC0253 TIC0256 TIC0260 TIC0260 FROM TO LENGTH Au gpt 239 241 2 4.65 323 325 2 5.01 78 79 1 10 102 103 1 20 100 102 2 13.1 211 217 6 2.21 120 121 1 2.27 77 78 1 2.26 63 66 3 2.05 83 85 2 4.77 118 126 8 4.93 154 155 1 4.63 107 108 1 5.33 67 68 1 6.32 70 71 1 13.6 182 184 2 23.51 146 147 1 5.62 179 180 1 56.06 188 195 7 8.18 380 383 3 9.13 395 397 2 9.97 324 325 1 7.01 257 263 6 3.96 250 251 1 6.77 130 131 1 15.91 154 155 1 8.41 22 25 3 2.63 120 121 1 5.35 143 145 2 3.56 243 244 1 10.57 161 162 1 2.52 147 148 1 3.49 152 154 2 2.31 209 211 2 5.82 244 246 2 18.21 0 4 4 17.6 221 223 2 29.95 157 159 2 23.9 214 215 1 10.6 309 310 1 17.64 287 288 1 10.44 203 204 1 13.92 210 211 1 4.87 ASX: BM1 ballardmining.com.au 21 HOLEID TIC0261 TIC0264 TIC0265 TID004 TID005 TID005 TID007 TID007 TID008 TID008 TID009 TID009 TID010 TID011 TID013 TID013 TID014 TMR007 TMR016 TMR056 TMR061 TMR071 TMR072 TR01 TR03 TR05 TR08 TR14 TR15 TR15 TR17 TR20 TR22 TR26 TR29 TR29 TR31 TR32 TR33 TR34 UGDDH1 UGDDH13 UGDDH16 FROM TO LENGTH Au gpt 405 407 2 10.34 228 231 3 14.6 315 316 1 3.75 105 105.68 0.68 7.92 43 44 1 3.45 69 69.8 0.8 2.02 284.35 286.18 1.83 31.99 291.4 293.6 2.2 2.75 286.5 288.2 1.7 14.72 304.5 305.5 1 20.45 240.91 242.27 1.36 74.78 254.14 254.82 0.68 23.67 299 300 1 59.57 317.49 319.7 2.21 50.01 226 227 1 17.88 227.08 229.43 2.35 57.37 339.7 341.15 1.45 45.76 21 24 3 2.42 13 14 1 2 24 25 1 7.8 38 40 2 2.1 26 28 2 2.3 40 42 2 2.9 45 46 1 4.39 49 50 1 2.11 39 41 2 11.91 32 33 1 8.68 35 36 1 3.45 45 47 2 4.59 55 56 1 2.4 55 56 1 2.29 35 36 1 2.17 58 60 2 4.03 31 33 2 6.83 28 29 1 2.9 38 39 1 9.65 43 44 1 7.72 53 54 1 11.1 43 44 1 7.89 56 57 1 2.6 53.7 54.3 0.6 108.5 89.8 91.5 1.7 3.3 92 92.6 0.6 4.7 ASX: BM1 ballardmining.com.au 22 HOLEID UGDDH17 UGDDH3 UGDDH4 UGDDH6 FROM TO LENGTH Au gpt 82 82.9 0.9 4.2 52.6 53.2 0.6 62 76.3 77.4 1.1 21.2 50 50.6 0.6 11.2 Appendix B2: Historic Collar Information HOLEID BR6783400-4 BR6783400-5 BR6783600-8 BYDD002 BYDD003 BYRD004 BYRD005 C7 CAC029 CF012 CF013 CF015 CF016 CF021 CF022 CF023 CF025 CF026 CF041 CF043 CF045 CF046 CF058 CF059 CF070 CF071 CF076 CF078 CF079 CF080 CF081 CF082 CF083 DEPTH Easting Northing RL Year Dip Azi Company 43 248886 6783557 451 1996 -90 0 Newcrest 36 248936 6783557 449 1996 -90 0 Newcrest 42 248786 6783757 448 1996 -90 0 Newcrest 86.2 249020 6783474 449 2015 -61.1 249.3 Mt Ida Gold 299.2 248875.2092 6783418.392 450 2015 -60.2 72.3 Mt Ida Gold 350.5 249064 6783494 451 2015 -56.9 250.9 Mt Ida Gold 252.5 249060 6783491 451 2015 -49.1 250.5 Mt Ida Gold 24 251675 6779661 470 1995 -60 46.89 Cocks Mining 50 251517 6780003 470 2012 -65 39.89 Hooper 35 259011 6783729 443 1986 -60 269 Hawk 28 259011 6783805 444 1986 -60 267 Hawk 65 259002.2 6783955 441 1986 -50 270 Hawk 76 259023 6784105 440 1986 -50 274 Hawk 48 259016 6784005 440 1986 -60 268 Hawk 50 259019 6783955 442 1986 -60 268 Hawk 48 259006 6783905 443 1986 -60 268 Hawk 48 259015 6783755 443 1986 -60 271 Hawk 45 259017 6783707 443 1986 -60 271 Hawk 30 258985 6783905 443 1986 -60 268 Hawk 72 259030.5 6783806 444 1986 -60 273 Hawk 70 259034 6783757 442 1986 -60 274 Hawk 72 259034 6783705 442 1986 -60 270 Hawk 115.6 259051 6783805 443 1986 -60 268 Hawk 108.5 259039 6783955 442 1986 -60 268 Hawk 50 258946 6784655 439 1986 -60 270 Hawk 45 258930 6785454 437 1986 -60 269 Hawk 56 259026 6783705 442 1986 -60 276 Hawk 51 259019 6783730 442 1986 -60 270 Hawk 70 259034 6783730 442 1986 -60 271 Hawk 34 259006 6783755 443 1986 -60 273 Hawk 28 258996 6783780 444 1986 -60 272 Hawk 40 259006 6783780 443 1986 -60 272 Hawk 57 259016 6783780 443 1986 -60 271 Hawk ASX: BM1 ballardmining.com.au 23 CF084 CF085 CF088 CF090 CF091 CF092 CF093 CF094 CF097 CF099 CF100 CF153 CF154 CF155 CF157 CF158 CF159 CF160 CF161 CF162 CF163 CF166 CF167 CF168 CF169 CF184 CF187 CR231 CR232 DB05 DB07 DB22 DB25 DB26 DB35 DB36 DB39 DB50 DB54 DB55 DB56 DB57 DB58 DB59 73 70 48 55 26 48 66 60 54 25 58 69 55 20 75 70 42 30 50 66 54 75 27 45 50 27 25 2 2 26 45 20 29 36 23 35 38 35 25 36 30 15 20 26 259026 6783780 259020 6783805 259006 6783830 258996 6783905 258986 6783930 258996 6783930 259006 6783930 259011 6783955 259016 6783980 259006 6784005 259026 6784005 259036 6783680 258992 6783705 258990 6783730 258981 6783805 259025 6783755 258979 6783849 258985 6783880 258995 6783880 259005 6783880 258966 6783905 259016 6783928 258991 6783955 259019 6783955 258996 6784005 259006 6783655 258995 6783755 260026 6776953 260036 6776953 253226 6778773 253174 6778738 253069.65 6778960.101 253056.539 6778999.56 253047.079 6778993.773 253010 6779113 253001 6779107 252983 6779131 252969.773 6779137.908 252999 6779126 252991 6779123 253005 6779119 253014 6779118 253013 6779111 253007 6779107 443 444 444 442 442 442 442 442 441 440 440 442 444 444 445 442 444 443 443 443 444 443 441 442 441 443 443 461 461 470 470 469 469 469 463 468 469 469 464 467 463 463 463 465 1986 1986 1986 1986 1986 1986 1986 1986 1986 1986 1986 1986 1986 1986 1986 1986 1986 1986 1986 1986 1986 1986 1986 1986 1986 1986 1986 1987 1987 1988 1988 1988 1988 1988 1988 1988 1988 1988 1988 1988 1988 1988 1988 1988 ASX: BM1 ballardmining.com.au -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -90 -90 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 -60 271 270 272 273 270 270 272 270 270 270 272 270 90 270 90 270 270 270 270 270 90 270 270 270 90 270 270 0 0 55 55 82 55 55 55 55 55 55 55 55 55 55 55 55 Hawk Hawk Hawk Hawk Hawk Hawk Hawk Hawk Haw