Kalgoorlie Gold Project - Drilling Results

·    Conversion of the tenement to a mining lease continues on course with the Native Title agreements signing in December 2025 being a major step forward.^[1]

·    The Mine Development and Closure Plan (MDCP) and the associated environmental assessments is progressing with Resource WA.

·    Rig booked for 10 February, to begin the 2026 drilling campaign to continue expanding the shallow gold footprint.

Naheed Memon, CEO of Oracle, commented:

"These latest results, the last of our 2025 drilling campaign, are excellent and continue to excite us and as we continue to enlarge the north-eastern zone gold mineralised zone, and more importantly have confirmed the continuity of the previously undrilled central saddle zone between the eastern and western mineralised zones. Our modelling suggests that this could constitute part of a ~600m wide zone of shallow oxide mineralisation overlying the Northern Zone porphyry system. I would also like to remind shareholders that we have drilled this porphyry to a depth of around 500m^[2] and we anticipate deeper drilling after we start the mining process with MEGA Resources.

"Overall, the outcomes from the 2025 drilling have been very effective in enlarging the shallow, oxide gold footprint at our Kalgoorlie Gold Project, and to strengthen the MEGA Resources mining scenario for 2026^[3]. We are consistently achieving the goal of making the Project bigger in the oxide zone and we will continue to make this shallow gold project significantly larger in Q1 and Q2. I look forward to updating shareholders as we progress the Project further."

The latest drill programme results (Tables 1-3) continue to successfully intersect the mineralised host porphyry over an increasing footprint and consistently validate the broader gold mineralisation model. Gold mineralisation continues to be intersected in the northeastern area, which remains open laterally and at depth (see Figure 2). The recent results have also successfully infilled the central Saddle area, in a previous undrilled area. A key SW-NE cross-section derived from 3D Leapfrog software is illustrated in Figure 3. The interpretation illustrates gold grade shells derived from all the significant intercepts reported to April 2025. The Leapfrog model will be updated in the next few weeks.

Northern Zone is hosted within a porphyry unit (Tonalite-Trondhjemite Intrusion, TTI), with high background gold and horizontal gold mineralised units within the TTI unit. The Northern Zone Project sits within the Canon Shear or fault zone, with further drilling required to define the limits of mineralisation identified to date. The horizontal mineralisation makes drilling to date perpendicular to the gold mineralisation, and no water in drilling to a depth of 60 metres makes the TTI also suitable for drilling with the techniques the Company has utilised to date.

This drilling will be used by MEGA Resources in their mine planning for our joint plans to start mining in the first half of 2026.

<END>

For further information on Oracle, visit the Company's website at http://www.oraclepower.co.uk or contact:

Oracle Power PLC

Naheed Memon - CEO                                                                                  +44 (0) 203 580 4314

Strand Hanson Limited (Nominated Adviser & Broker)

Rory Murphy, Matthew Chandler, Rob Patrick                                    +44 (0) 20 7409 3494

St Brides Partners Limited (Financial PR)

Susie Geliher, Will Turner                                                                             +44 (0) 20 7236 1177

This announcement contains inside information for the purposes of Article 7 of EU Regulation No. 596/2014, which forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.

Competent Person's Statement

The information in this announcement that relates to exploration results, exploration targets, mineral resources or ore reserves is based on information compiled by Mr Edward Mead, who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr Mead is a director of Riversgold Limited and a consultant to the Company through Doraleda Pty Ltd. Mr Mead has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity that he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the `Australasian Code for Reporting Exploration Results, Mineral Resources and Ore Reserves' (the JORC Code). Mr Mead consents to the inclusion of this information in the form and context in which it appears in this announcement.

Figure 1: Location of Northern Zone Project showing proximity to the Kalgoorlie "Super Pit", Golden Mile/Fimiston.

Figure 2 Drill collar plan and reported significant drill intercepts. Gold grade contours from all drilling results up to April 2025. Contours will be updated in the next few weeks.

Figure 3: Cross-section of 3D Leapfrog software model. The interpretation illustrates gold grade shells, derived from all the significant intercepts reported to the ASX to April 2025. The Leapfrog model will be updated in the next few weeks. The model is constrained via a 25m buffer to all the RGL/Oracle drill hole traces that have been drilled at Northern Zone since 2021. Refer to Figure 2 Drill collar plan for the location of the section line.

APPENDIX 1: Drilling Information

Table 1: Northern Zone Significant Intercepts from all 2025 grade control drill rig drillholes and extensional drill rig holes with previously reported results in grey.

Table 2: Northern Zone Drill Collar Locations from the most recent drill 2025 programs.

Table 3: Northern Zone assay results above 0.3 g/t Au from all drill holes