Kaiser Reef Limited

Kaiser Reef (ASX: $KAU) has renewed Brad Valiukas’ contract as Managing Director, backing continuity at a key time for the business. With Henty on track for one of its best production years in recent times and Maldon advancing as a key growth asset. wcsecure.weblink.com.au/pdf/KAU/030695…

$KAU delivered a strong first half, producing 15,060oz of gold from the Henty Gold Mine and reporting a $9.1M profit. Ore Reserves at Henty increased 29%, extending mine life to 6+ years as the company focuses on production and resources. View: wcsecure.weblink.com.au/pdf/KAU/030680…

Kaiser Reef is now fully exposed to spot gold (~A$7,570/oz) after delivering the final 1,000oz capped-price parcel tied to the Henty acquisition. Henty production targeted at ~35,000oz from 2027. View: thewest.com.au/business/publi…

Kaiser Reef has completed delivery into all 6,000oz gold call options issued to Auramet. From 1 March, there are no remaining gold price caps — full exposure to spot gold (>A$7,000/oz). Gold loan reduced to 832oz, final repayment due Oct 2026. wcsecure.weblink.com.au/pdf/KAU/030633… $KAU

Following Explorer’s Eve, KAU detailed its strategy: • Henty producing ~30kozpa → targeting ~35koz by FY28 • Regional exploration ramp-up in Tasmania • Maldon (1.75Moz @ 28g/t historic) advancing • Union Hill decline rehab + drilling planned youtu.be/dP3VTU3fGRk

Kaiser Reef Ltd (ASX: $KAU) sets out a self-funded growth plan across Henty & Maldon. 🔹 Henty run-rate target ~35kozpa Au from late FY27 🔹Maldon district-scale exploration + Union Hill advancement 🔹Growth funded from operating cash flow 🔗 ASX: wcsecure.weblink.com.au/pdf/KAU/030567…

Kaiser Reef (ASX:KAU) released the latest company presentation for RIU Explorers Conference February 2026. 📄 wcsecure.weblink.com.au/pdf/KAU/030567… #gold #goldmining #KaiserReef #KAU #ASX #GoldProducer #GoldExplorer

Kaiser Reef (ASX: $KAU) advances Maldon as Union Hill waste is converted to gold stockpile. • 566kt @ 0.48g/t Au (8,649oz) • Jan: 152oz processed at Porcupine Flat • Drilling + services restarting • Nuggetty permitting underway View : wcsecure.weblink.com.au/pdf/KAU/030552… #ASXNews

Taylor Collison Research Report - 10 February 2026 Initiation: Tasmanian Gold Funding the Upside kaiserreef.com.au/private/8fe1fb… #KaiserReef #KAU $KAU.ax #GoldMinining #Gold #ASX

Kaiser Reef on Bulls N' Bears Kaiser boosts coffers to $43.1M on strong Henty gold production tinyurl.com/mth2799f #KaiserReef #KAU $KAU $KAU/ax #GoldMining #GoldProducer #ASX

Quarterly Activities/Appendix 5B Cash Flow Report - December 2025 Quarter bit.ly/4tfKLVF #KaiserReef #ASX $KAU.ax #GoldMining #GoldExploration

ARGONAUT RESEARCH REPORT 8 Jan 26 Kaiser Reef (KAU) 2QFY26 PRODUCTION IN LINE Market Cap $189M  Current Price $0.32  Valuation $0.74 7.7koz produced, achieving a A$13.7m cash build, ending the 2QFY26 with a cash balance of A$43.1m bit.ly/4aLkiZb

Quarterly production and cash balance update for the quarter ending 31 December 2025 bit.ly/44XVycv $KAU #KaiserReef #gold #GoldMiner #ASX

Our gold producing Investment @KaiserReef $KAU is just finished a drill program on its Victorian gold projects. While the main catalysts we watch out for from $KAU is related to the Henty project in Tasmania (where KAU produced ~26k ounces of gold in FY25. We think the Victorian assets deserve some attention, mainly because of the 350ktpa processing plant in Victoria (below full capacity at the moment). Read more here: bit.ly/3KNF288 Disc: 3,485,000 KAU Shares Held.

Kaiser Reef has completed drilling at its Union Hill site within the company’s Maldon Gold project in Victoria, where it is looking to turn old gold waste dumps into cash. Media coverage via @westaustralian📰 thewest.com.au/business/bulls…

Union Hill waste dump drilling complete at the Maldon Gold Project. The program included 163 RC holes for 2,212m, testing a >50,000m² waste dump footprint (~410,000m³). All samples are at the lab, with results expected in early 2026. Read more➡️tinyurl.com/33x2hx8x #KaiserReef

Our gold producing Investment @KaiserReef $KAU is looking at ways to get more feed through its processing plant in Victoria… $KAU is currently producing gold from its Tasmanian asset, with over 8,000 ounces of gold produced last quarter. $KAU also owns a 350ktpa processing plant in Victoria which is currently operating well below its full capacity. $KAU ’s was previously filling that plant with material from its A1 mine in North-East Victoria. More recently, though, $KAU ’s focus has been the Maldon project, which is 4km away from the processing plant. Read more here: bit.ly/4rp7qhm Disc: 3,615,000 KAU Shares Held.

@KaiserReef @BullsNBearsWA article as featured in @westaustralian

$KAU is advancing plans to reprocess historic waste dumps into cash at its Union Hill site, part of the Maldon Gold Project in Victoria. Read full article via @smh #KaiserReef #GoldMining #ASX #Gold #Mining smh.com.au/business/compa…

Kaiser Reef is pleased to announce a forthcoming drilling program targeting the historical Union Hill waste dumps at the Maldon Gold Project. ASX release 👉tinyurl.com/3kpf3ab8 $KAU #Gold #Exploration