Announcement PDF 5 February 2025 KANMANTOO MINE PHYSICALS CONTINUE TO IMPROVE • • • • In situ copper mined of 1,074 tonnes, up 21% from December quarter average 90% of the 115kt ore tonnes were mined from stopes, increasing grade processed to 0.97%, up 13% Continued increase in monthly development rate to 576 metres, up 7% 99kt of ore processed, down 10% (due to campaign milling sequence) Hillgrove Resources Ltd (the “Company” or “Hillgrove”) is pleased to announce its January 2025 production highlights. Comparison to the December 2024 quarter monthly average has been included for reference. Commenting on the January 2025 monthly physicals, Hillgrove CEO and Managing Director, Bob Fulker said: “I am pleased to provide a January production update which clearly demonstrates operational improvements. In particular, the in-situ copper tonnes mined were up 21% compared to the December 2024 quarter monthly average. In accordance with plan, stope production in January increased significantly, with grade processed increasing 13% to 0.97%. The ore tonnes processed in the month are in line with our campaign milling schedule, with surface stocks at month end being circa 18,000 tonnes.” January 2025 Production Comparison to December 2024 Quarter monthly average Kanmantoo Production Metrics Mining Summary Total Development Ore Mined In Situ Copper Mined Processing Summary Ore Processed Copper grade Processed Copper Recoveries Copper Produced Units January 2025 December 2024* Difference (%) m kt tonnes 576 115 1,074 540 104 884 7% 11% 21% kt % % tonnes 99 0.97 93.9 903 110 0.86 93.5 879 (10%) 13% 3% * Monthly average for the December 2024 quarter Authorised for release by the Board of Hillgrove Resources Limited. For more information contact: Mr Bob Fulker CEO & Managing Director Tel: +61 (0)8 7070 1698 Mr Joe Sutanto Chief Financial Officer & Company Secretary Tel: +61 (0)8 7070 1698 Hillgrove Resources Limited ACN 004 297 116 Ground Floor, 5-7 King William Road, Unley SA 5061, Australia | T + 61 8 7070 1698 | E info@hillgroveresources.com.au