Announcement PDF ASX Announcement 20 April 2023 ASX: FG1 Quarterly Activities Report 30 September 2026 JOIN FLYNN GOLD’S INTERACTIVE INVESTOR HUB to receive announcements and updates and to interact with the Company by asking questions or making comments which our team will respond to where possible Page 2 of 17 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Highlights Exploration and Development – Tasmanian Projects • Golden Ridge Project – Non-binding Ore Purchase Agreement executed with Henty Gold Pty Ltd, a subsidiary of Kaiser Reef Limited (ASX: KAU), establishing a framework to assess the processing of gold-bearing ore or concentrates from Flynn’s future operations at the operating Henty Gold Mine. o 3.7-tonne bulk sample from Golden Ridge delivered to the Henty Gold Mine for processing testwork – results pending. • Trenching at Brilliant defined near-surface gold mineralisation over more than 110m of strike, with the mineralisation remaining open to the north-east. • Sighter metallurgical tests achieved 94% average gold extraction from 35 low to medium- grade samples (0.1g/t - 4.5g/t Au) from the Trafalgar Prospect, supporting further evaluation of potential processing options. • 21-hole, ~2,500m in-fill and extensional drilling program commenced at the Brilliant Prospect to support Mineral Resource studies - results pending. • Firetower Gold-Tungsten Project – High-grade gold and tungsten mineralisation intersected in latest drilling confirms significant depth and strike extensions. • Assays from hole 2019FTD003E include: o 12.95m @ 2.24g/t Au, 0.46% WO3, 0.18% Cu, 0.23% Co, 7.22g/t Ag from 156.9m, incl.  1.20m @ 3.95g/t Au, 0.93% WO3, 0.20% Cu, 0.24% Co, 9.60g/t Ag from 157.30m; and  2.58m @ 4.56g/t Au, 0.92% WO3, 0.22% Cu, 0.32% Co, 8.31g/t Ag from 167.27m., including  0.73m @ 11.95g/t Au, 2.29% WO3, 0.46% Cu, 0.64% Co and 20.3g/t Ag from 167.27m • Revised Firetower geological model interprets two structural trends hosting broad zones of gold and polymetallic mineralisation, with emerging NW-plunging high-grade shoots remaining open at depth and along strike. • Metallurgical testwork is the next step ahead of maiden Mineral Resource Estimate (MRE). • Project-wide geophysical reinterpretation commenced across a 6km anomalous corridor – results expected in Q4 2026. Corporate • One-for-three Renounceable Rights Issue completed, raising $1.5 million, with funds to be used to progress resource drilling and development activities at Golden Ridge and finalise a maiden Mineral Resource Estimate for Firetower. • The Company’s cash position at 30 September 2026 was $0.41 million. Page 3 of 17 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Flynn Gold Limited (ASX: FG1, “Flynn” or “the Company”) is pleased to report on exploration and development activities across its portfolio of gold, silver and critical minerals projects in Tasmania during the September 2026 Quarter. At the flagship Golden Ridge Project, where Flynn has identified a substantial intrusion-related gold system, the Company has secured a non-binding Ore Purchase Agreement with the operating Henty Gold Mine, providing a potential low-cost avenue to establish near-term gold production. An initial bulk sample from Golden Ridge has been sent to Henty for initial processing test work. On the exploration front, a major new drilling campaign commenced at the Brilliant prospect to support a maiden Mineral Resource Estimate (MRE). At the Firetower Project in northern Tasmania, drilling results continue to extend the high-grade gold-tungsten mineralisation at depth and along strike, with a revised interpretation providing an improved geological model ahead of a Mineral Resource Estimate (MRE). Exploration –Tasmania During the Quarter, the Company’s exploration activities were focused on the Golden Ridge Project in north-east Tasmania and the Firetower Project in northern Tasmania. (Figure 1). Figure 1 – Location of Flynn Gold tenements in Tasmania. Page 4 of 17 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Golden Ridge Project The Golden Ridge Project consists of multiple prospects and historical gold workings along a nine-kilometre-long intrusion granodiorite-hornfels metasediment contact zone (Figure 2) where Flynn is actively exploring to identify and test multiple targets, with the aim of making further discoveries. Flynn Gold has also made significant recent progress towards establishing a viable commercialisation pathway for the Golden Ridge Project and other deposits in the region through an Ore Purchase Agreement signed with Henty Gold Mine. Figure 2 – Flynn Gold’s Golden Ridge Project, NE Tasmania, showing prospect areas. Page 5 of 17 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Ore Purchase Agreement During the Quarter, Flynn Gold executed a non-binding Ore Purchase Agreement (“OPA”) with Henty Gold Pty Ltd, a wholly-owned subsidiary of Kaiser Reef Limited (ASX: KAU), operator of the Henty Gold Mine in western Tasmania. The OPA applies to Flynn Gold’s projects in Tasmania and establishes the framework and indicative commercial terms under which Henty Gold Mine may buy ore or concentrates supplied by Flynn Gold for processing through its existing gold processing facility. The commercial terms of the OPA are confidential but are considered by the Company to be potentially attractive for both parties. The Agreement is non-binding. It does not oblige either party to enter into any definitive transaction, and there can be no assurance that any binding agreement will be reached or that any transaction will proceed. Nonetheless, the parties have separately executed a Confidentiality Agreement which allows for the sharing of information and demonstrates a degree of future collaboration, as appropriate. The agreement provides Flynn Gold with the opportunity to evaluate a potential low-capex production pathway capable of accelerating development across its Tasmanian gold portfolio, initially focused on its flagship Golden Ridge Project. Subsequent to the end of the Quarter, a 3.7-tonne bulk sample from Golden Ridge was delivered to the Henty Gold Mine for processing testwork, with results pending as at the date of this report. Brilliant – Trenching & Drilling Programs During the Quarter, the Company completed the first part of a trenching and channel sampling program targeting the north-eastern extension to the Brilliant gold mineralisation. Results from the first trenches have confirmed a broad footprint of anomalous gold extending north-east along strike of previous drilling over a strike length of more than 110 metres (Figure 3). These results define a near-surface mineralisation footprint that underpins priority targeting for Resource definition drilling. Significant channel sample intervals include: • Trench BTR01A: 20m @ 0.60g/t Au, including 9m @ 0.84g/t Au • Trench BTR01B: 28m @ 0.34g/t Au, including 10m @ 0.53g/t Au • Trench BTR02: 33m @ 0.56g/t Au, including 11m @ 1.04g/t Au • Trench BTR04: 32m @ 0.37g/t Au, including 10m @ 0.77g/t Au Where previous drilling information exists below the southern-most trenches (BTR01A and BTR02B), results indicate that gold mineralisation can extend to significant depth below the surficial anomalous zones in trenches (Figure 4). Extensions of the anomalous gold in trenching to the north-east provides a strong vector for extensional and in-fill drill testing where existing drilling coverage is limited. Significantly, the anomalous gold results in previous drilling and new trenches defines a trend of gold mineralisation consistent with the trend towards the Trafalgar prospect, located 2.5km along strike to the northeast. Page 6 of 17 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Figure 3 – Brilliant Prospect – Recent Trenching Results and Drilling Plan. Following completion of the trenching, the Company commenced an initial 21-hole drilling program totalling approximately 2,500m at Brilliant. The program is designed as a combination of in-fill and extensional drilling with the following key objectives: • Systematically test and better define the near-surface gold mineralisation confirmed by recent trenching; • Step-out strike and depth extension drilling; • Generate geological and geotechnical information required to support Mineral Resource estimation studies; and • Assess the potential for mining gold mineralisation in the context of the low-capex production pathway being evaluated under the Ore Purchase Agreement with Henty Gold Mine. Brilliant is the first of the Golden Ridge Exploration Target prospects to be advanced toward a maiden Mineral Resource Estimate. Historical drilling at Brilliant has identified a significant gold occurrence associated with sheeted and stockwork quartz-carbonate-sulphide veins in hornfelsed Mathinna Bed sediments over a 200m strike length, up to 40m wide and extending to a depth of over 200m. Mineralisation remains open along strike and down-dip. Page 7 of 17 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Planning is also underway for resource definition drilling at the Trafalgar prospect, as well as for a larger step-out exploration program to test the highly prospective zone between the two prospects. Figure 4 – Brilliant Cross-Section. Page 8 of 17 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Metallurgical testwork Sighter metallurgical testwork reported during the Quarter on 35 low to medium-grade samples (0.1g/t - 4.5g/t Au) from the Trafalgar Prospect achieved 94% average gold extraction. The samples were sourced from broad zones of lower-grade mineralisation outside of the high- grade vein domains used to estimate the November 2024 Trafalgar Exploration Target. The testwork was undertaken to investigate the cyanide leachability of lower-grade mineralisation and whether it warrants further evaluation as part of potential future bulk-mining scenarios. In 2023, an initial program of metallurgical testwork was undertaken with the aim of establishing whether the gold at the Trafalgar Prospect at Golden Ridge was readily recoverable using conventional cyanide leaching processes. A total of 26 samples across a wide range of gold grades (only six of which were <1.0g/t Au) were tested for gold extraction by cyanide using a bottle roll leach (LeachWELLTM ) test at Australian Laboratory Services Pty Ltd (ALS). This second Trafalgar program used the same LeachWELLTM method on 35 low to medium grade (0.1g/t - 4.5g/t Au) samples, 28 of which were <1.0g/t Au. The results returned gold recoveries ranging from 88% to 97%. Overall, the average achieved across the 35 samples was 94% gold extraction. These results are also consistent with previously reported LeachWELLTM testwork results on six arsenopyrite-pyrite-bearing quartz vein samples from the Grenadier prospect, which achieved an average gold extraction of 94.9%. Collectively, the LeachWELLTM test results indicate that a high proportion of the gold contained in the samples tested at Golden Ridge is cyanide extractable and support further evaluation of conventional cyanide leaching as a potential processing pathway. It should be noted that LeachWELLTM test conditions are more intensive than those typically used in conventional Carbon-in-Pulp (CIP) or Carbon-in-Leach (CIL) processing and the samples were tested at a fine (85% passing 75 micron) grind size . Accordingly, while the results provide a positive indication of gold leachability, further testwork is required to establish recoveries under potential commercial processing conditions. Further metallurgical testwork is planned. Next Steps Activities scheduled/planned over the coming months include: • Resource definition drilling at the Brilliant and Trafalgar prospects; • Further sampling for metallurgical studies/processing trials; • Environmental activities including follow-up field surveys (flora and fauna) in spring 2026; and • Stakeholder engagement activities. Page 9 of 17 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Firetower Gold-Tungsten Project The Firetower Project (EL26/2004) is located in northern Tasmania and covers an area of 62 square kilometres. The project lies in the north-eastern end of the highly mineralised Mt Read volcanic sequence, which hosts major polymetallic base metals and gold deposits such as Hellyer and Rosebery, copper-gold deposits such as Mt Lyell and the Henty gold mine (see Figure 5). Historical exploration in the Firetower Project area, beginning in the 1970s, was largely gold focused. Anomalous cobalt and tungsten were noted by previous explorers but generally not followed up due to the gold-focused exploration models applied at the time. The polymetallic mineralisation at Firetower is currently defined by historical drilling over a strike length of 200m and remains open along a highly prospective 6km-long trend. Figure 5 – Location of Flynn Gold tenements in NW Tasmania. Page 10 of 17 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Phase 2 Drilling Program Assay results were reported during the Quarter from Phase 2 drilling at Firetower targeting depth extensions to high-grade polymetallic gold-tungsten-cobalt mineralisation and collect fresh core samples for planned metallurgical testwork. Results from the program will support the delivery of a maiden Mineral Resource Estimate for the project. Extensional drill hole 2019FTD003E intersected a zone of broad polymetallic mineralisation, returning a significant mineralised intercept of: • 12.95m @ 2.24g/t Au, 0.46% WO3, 0.18% Cu, 0.23% Co, 7.22g/t Ag from 156.90m, including: o 1.20m @ 3.95g/t Au, 0.93% WO3, 0.20% Cu, 0.24% Co, 9.60g/t Ag from 157.30m; and o 2.58m @ 4.56g/t Au, 0.92% WO3, 0.22% Cu, 0.32% Co, 8.31g/t Ag from 167.27m, including o 0.73m @ 11.95g/t Au, 2.29% WO3, 0.46% Cu, 0.64% Co, 20.3g/t Ag from 167.27m Extensional drill hole 2019FTD014E also returned a significant mineralised intercept of: • 9.64m @ 2.49g/t Au, 0.29% WO3, 0.52% Cu, 0.04% Co and 9.9g/t Ag from 200.13m, including: o 3.77m @ 4.30g/t Au, 0.30% WO3, 0.37% Cu, 0.13% Co and 11.24g/t Ag from 200.13m, and o 1.47m @ 4.62g/t Au, 1.10% WO3, 2.20% Cu, 0.07% Co and 29.42g/t Ag from 208.3m The 2019FTD003E intercept occurs approximately 50m north-west of hole 2019FTD014E. These results support the continuity of significant polymetallic mineralisation and demonstrate the potential for further extensions both at depth and along strike. 2019FTD015E, which is located approximately 25 metres to the east of 2019FTD014E, was drilled as an extension to historical hole 2019FTD015 (original depth of 157m). The extension drilling intersected three zones of mineralisation. 2019FTD015E: • 1.9m @ 2.02g/t Au, 0.56% WO3, 0.11% Cu, 0.12% Co, 7.86g/t Ag from 167.3m within a broader intercept of: o 12.5m @ 0.55g/t Au, 0.11% WO3, 0.09% Cu, 0.10% Co, 4.5g/t Ag from 158.5m; • 1.20m @ 2.1g/t Au, 0.23% WO3, 0.53% Cu, 0.10% Co, 9.02g/t Ag from 194.8m; and • 2.35m @ 1.46g/t Au, 0.21% WO3, 0.55% Cu, 0.09% Co, 7.23g/t Ag from 241.9m, including: o 0.20m @ 13.5g/t Au, 2.26% WO3, 4.37% Cu, 0.74% Co, 53.4g/t Au from 242.35m. Page 11 of 17 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Figure 6 – Firetower Drill Hole Plan. Updated Geological Model Ongoing geological interpretation, incorporating recent drilling results and a review of historical data, has identified two principal mineralised structural trends at Firetower (Figure 6): • F300 Zone: A northwest-trending corridor characterised by broad zones of polymetallic gold-tungsten-copper-cobalt mineralisation, including discrete high-grade intervals. • F90 Zone: An approximately east-west trending corridor characterised by broad zones of predominantly gold mineralisation, generally with lower tungsten and base metal grades, but containing localised higher-grade gold and polymetallic intervals. The latest drilling results have further strengthened the geological interpretation of the F300 Zone, confirming the extension of significant polymetallic mineralisation below and north-west of previous drilling. In particular, the intercept in 2019FTD003E, approximately 50m north-west of 2019FTD014E, supports the interpretation of a possible northwest-plunging zone of higher-grade mineralisation within the broader F300 structural corridor (Figure 7). Importantly, the F300 Zone remains open to the north-west and at depth, highlighting the potential to extend the currently defined mineralised footprint. Page 12 of 17 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 The F90 Zone appears to terminate against the F300 structural corridor (Figure 8). Historical drilling indicates broad zones of predominantly gold mineralisation containing locally developed, narrower polymetallic intervals, typically 1-3m down-hole. However, wider and higher-grade polymetallic mineralisation occurs near the F300 Zone, where the two mineralised trends appear to converge. This suggests that structural interaction may have influenced the distribution and intensity of polymetallic mineralisation. The revised geological interpretation provides an improved understanding of the distribution of higher-grade mineralisation and will help guide future exploration and drill targeting. Figure 7 – Long Section A-A’: Firetower F300 Zone. Page 13 of 17 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Figure 8 – Long Section B-B’: Firetower F90 Zone. Geophysical Study Several generations of geophysical surveys have been completed historically in a piecemeal approach over a zone of 6 kilometres between Firetower West and Firetower East (Figure 9). The main Induced Polarisation (IP) surveys completed to date are shown with similar chargeability images, highlighting an apparent continuity of mineralisation, particularly between the Firetower and Firetower East prospects. At the Firetower deposit, sub-surface gold-tungsten mineralisation identified in drilling to date is spatially associated with a zone of high chargeability, which appears to continue for several kilometres along strike. While the earlier IP surveys clearly indicate the large potential scale of the system, the amount of drilling outside the Firetower prospect is very limited to date (see Figure 10). Page 14 of 17 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Figure 9 – Compilation Plan of historical IP surveys over the Firetower Project. Figure 10 – Regional Geology Plan of the Firetower-Firetower East Zone showing IP and drill-hole positions. Page 15 of 17 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Resource Potentials Pty Limited has been engaged to undertake a project-wide re-interpretation of historical geophysical datasets using their latest processing software. The study is expected to be completed in Q4 2026. Next Steps Planned activities for the remainder of 2026 at the Firetower Project are: • Metallurgical testwork; • Geological modelling leading to maiden Mineral Resource Estimate; and • Review of historical geophysical surveys across the entire Firetower Project area. Warrentinna Project During the Quarter the Company commenced a trenching program at the Gorge Creek Tungsten Prospect within the Warrentinna Project. Vein mapping and selective channel sampling of the trenches will be undertaken during the summer period. The Company also executed a Grant Deed under Round 12 of the Exploration Drilling Grants Initiative Program whereby the State Government of Tasmania has agreed to co-fund $100,000 of diamond drilling at the Gorge Creek prospect, which is to be completed by November 2027. Exploration – Western Australia Flynn Gold retains the Yarrie (one exploration licence application) and Mount Dove Projects (two exploration licence applications) in the Pilbara region of Western Australia, which are prospective for gold/lithium and iron ore mineralisation. During the quarter, two granted exploration licences at the Yarrie Project were surrendered. Corporate Renounceable Rights Issue During the Quarter, Flynn Gold launched a one-for-three renounceable rights issue at an issue price of $0.015 (1.5 cents) per share. For every two new shares subscribed, Eligible Shareholders received one free attaching new option with an exercise price of $0.03 (3 cents) per option, expiring 30 months from the date of issue. The Rights Issue was underwritten to $1.5 million by Lead Manager and Underwriter Mahe Capital Pty Ltd (ACN 634 087 684) (AFSL 517246). The Rights Issue closed on 21 October 2026 and successfully raised $1.5 million (before costs). The issue of 99,999,998 new fully paid ordinary shares and 50,000,032 new options to participants was completed on 28 October 2026. Page 16 of 17 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 ATM Facility During the quarter, Flynn Gold utilised its At-The-Market (ATM) Subscription Agreement with Dolphin Corporate Investments to raise $61,184 (after costs) through the set-off of 3,200,000 FG1 shares previously issued under the ATM. No further shares were issued. The set-off shares reduce the total number of Security Shares to 3,200,000 shares that Dolphin Corporate Investments is otherwise required to return to the Company upon termination or maturity of the ATM. Research and Development Tax Refund During the Quarter, the Company received a Research and Development Tax Initiative refund for the Financial Year ended 30 June 2025 of $247,285. Sale of Shares During the Quarter the Company disposed of 641,378 shares held in Forrestania Resources Limited (ASX:FRS), realising $246,261. Cash Position The Company’s cash position at 30 September 2026 was $0.41 million. Summary of expenditure The Company’s major cashflow movements for the quarter included: • Exploration & Evaluation expenditure - $872k; • Employee costs - $122k; and • Administration and corporate costs - $255k. Payments to related parties of the entity and their associates In the September quarterly Appendix 5B, the figure of $104k as disclosed in section 6.1 and 6.2 relates to salaries and fees (including superannuation) paid to directors and their associates during the quarter. Approved by the Board of Flynn Gold Limited. 30 October 2026 For more information: Neil Marston Chief Executive Officer +61 3 9692 7222 info@flynngold.com.au Nicholas Read Media & Investor Relations +61 (0) 419 929 046 nicholas@readcorporate.com.au For further information or to post questions go to the Flynn Gold Investor Hub at https://flynngold.com.au/link/yz8pbr. Page 17 of 17 | ABN 82 644 122 216 | ASX: FG1 Suite 2, Level 11, 385 Bourke Street, Melbourne VIC 3000 Interests in Mining Tenements The Company holds a granted beneficial interest in the following tenements as at 30th September 2026: References ASX Announcement 10 April 2026 - Flynn Ramps Up Gold Exploration at Golden Ridge, NE Tasmania ASX Announcement 1 June 2026 - Expanded Drilling Program at Firetower Gold-Tungsten Project ASX Announcement 15 July 2026 - Amendment to Announcement on Firetower Project ASX Announcement 16 July 2026 - First Firetower Drill Hole Extends High-Grade Gold-Tungsten ASX Announcement 22 July 2026 - Key Mining Lease Application Registered for Golden Ridge ASX Announcement 29 July 2026 - Study to Unlock New Firetower Gold-Tungsten-Copper Targets ASX Announcement 6 August 2026 - Ore Purchase Agreement with Henty Gold Mine ASX Announcement 10 August 2026 - Gold Resource Drilling to Commence at Brilliant Prospect ASX Announcement 18 August 2026 - 94% Gold Extraction Achieved in Metallurgical Tests ASX Announcement 28 August 2026 - Multiple Polymetallic Gold-Tungsten Zones at Firetower ASX Announcement 21 September 2026 - Renounceable Rights Issue to Raise Up to $3 Million ASX Announcement 6 October 2026 - Bulk Sample Sent to Henty Gold Mine for Processing Testwork ASX Announcement 19 October 2026 - Firetower High-Grade Gold-Tungsten Mineralisation Extended ASX Announcement 28 October 2026 - Rights Issue Completion In accordance with Listing Rule 5.23.2, the Company confirms in this subsequent public report that it is not aware of any new information or data that materially affects the information included in any previous market announcements. Mining Tenement Location Beneficial Percentage held Licence Description Interest acquired/farm-in or disposed/farm-out during the quarter EL11/2012 NE Tasmania 100% Portland - EL13/2024 NE Tasmania 100% Beaconsfield EL18/2016 NE Tasmania 100% Cameron - EL17/2018 NE Tasmania 100% Golden Ridge - EL16/2021 NE Tasmania 100% Bendover Hill - EL02/2019 NE Tasmania 100% Mangana - EL3/2020 NE Tasmania 100% Lisle - EL16/2024 NE Tasmania 100% Lisle - EL4/2020 NE Tasmania 100% Lyndhurst - EL30/2004 NE Tasmania 100% Warrentinna - EL26/2004 NW Tasmania 100% Firetower - EL6/2015 W Tasmania 100% Henty South - EL3/2018 W Tasmania 100% Henty North - E45/5730 Yarrie, WA 0% Shay Gap Surrendered E45/5731 Yarrie, WA 0% Shay Gap Surrendered Rule 5.5 ASX Listing Rules Appendix 5B (17/07/20) Page 1 + See chapter 19 of the ASX Listing Rules for defined terms. Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report Name of entity Flynn Gold Limited ABN Quarter ended (“current quarter”) 82 644 122 216 30 September 2026 Consolidated statement of cash flows Current quarter $A’000 Year to date (3 months) $A’000 1. Cash flows from operating activities - 1.1 Receipts from customers 1.2 Payments for (872) (872) (a) exploration & evaluation (b) development - - (c) production - - (d) staff costs (122) (122) (e) administration and corporate costs (255) (255) 1.3 Dividends received (see note 3) - - 1.4 Interest received 8 8 1.5 Interest and other costs of finance paid - - 1.6 Income taxes paid - - 1.7 Government grants and tax incentives 228 228 1.8 Other (provide details if material) - - 1.9 Net cash from / (used in) operating activities (1,013) (1,013) 2. Cash flows from investing activities - - 2.1 Payments to acquire or for: (a) entities (b) tenements - - (c) property, plant and equipment - - (d) exploration & evaluation - - (e) investments - - (f) other non-current assets - - Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report ASX Listing Rules Appendix 5B (17/07/20) Page 2 + See chapter 19 of the ASX Listing Rules for defined terms. Consolidated statement of cash flows Current quarter $A’000 Year to date (3 months) $A’000 2.2 Proceeds from the disposal of: - - (a) entities (b) tenements - - (c) property, plant and equipment - - (d) investments 246 246 (e) other non-current assets - - 2.3 Cash flows from loans to other entities - - 2.4 Dividends received (see note 3) - - 2.5 Other (provide details if material) - - 2.6 Net cash from / (used in) investing activities 246 246 3. Cash flows from financing activities 64 64 3.1 Proceeds from issues of equity securities (excluding convertible debt securities) 3.2 Proceeds from issue of convertible debt securities - - 3.3 Proceeds from exercise of options - - 3.4 Transaction costs related to issues of equity securities or convertible debt securities - - 3.5 Proceeds from borrowings - - 3.6 Repayment of borrowings - - 3.7 Transaction costs related to loans and borrowings (3) (3) 3.8 Dividends paid - - 3.9 Other (payments of Lease Liabilities) - - 3.10 Net cash from / (used in) financing activities 61 61 4. Net increase / (decrease) in cash and cash equivalents for the period 4.1 Cash and cash equivalents at beginning of period 1,115 1,115 4.2 Net cash from / (used in) operating activities (item 1.9 above) (1,013) (1,013) 4.3 Net cash from / (used in) investing activities (item 2.6 above) 246 246 4.4 Net cash from / (used in) financing activities (item 3.10 above) 61 61 Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report ASX Listing Rules Appendix 5B (17/07/20) Page 3 + See chapter 19 of the ASX Listing Rules for defined terms. Consolidated statement of cash flows Current quarter $A’000 Year to date (3 months) $A’000 4.5 Effect of movement in exchange rates on cash held - - 4.6 Cash and cash equivalents at end of period 409 409 5. Reconciliation of cash and cash equivalents at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts Current quarter $A’000 Previous quarter $A’000 5.1 Bank balances 409 265 5.2 Call deposits - 850 5.3 Bank overdrafts - - 5.4 Other (provide details) - - 5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above) 409 1,115 6. Payments to related parties of the entity and their associates Current quarter $A'000 6.1 Aggregate amount of payments to related parties and their associates included in item 1 104 6.2 Aggregate amount of payments to related parties and their associates included in item 2 - Note: if any amounts are shown in items 6.1 or 6.2, your quarterly activity report must include a description of, and an explanation for, such payments. Appendix 5B Mining exploration entity or oil and gas exploration entity quarterly cash flow report ASX Listing Rules Appendix 5B (17/07/20) Page 4 + See chapter 19 of the ASX Listing Rules for defined terms. 7. Financing facilities Note: the term “facility’ includes all forms of financing arrangements available to the entity. Add notes as necessary for an understanding of the sources of finance available to the entity. Total facility amount at quarter end $A’000 Amount drawn at quarter end $A’000