Au Continuity Confirmed Outside Historic Resource

Mila Resources Plc (LSE: MILA), the gold exploration company, is pleased to announce the results from two additional holes from the Phase 1 drilling programme at the Yarrol Gold Project in Queensland, Australia. These results bring the total reported to four holes out of ten drilled in the current campaign.

The programme is designed to test extensions at depth and along strike of the historic resource envelope in the southern area of the licence, as well as to investigate mineralisation below known intercepts and step out into previously untested parallel zones in the northern area of the licence.

The results from holes 3 and 4 continue to build on the initial success at Yarrol (Table 1 and Appendix 1), with these latest intercepts delivering higher grades than historically reported neighbouring holes. The latest results have confirmed multiple mineralised zones and importantly have intercepted mineralisation outside the historical drilled area reinforcing the potential for resource growth at depth (Figures 2 and 3).

Highlights

MYARC0196 Intercepted:

o 16m @ 1.83g/t Au from 87m

§ including 5m @ 2.68g/t Au which contains 1m @ 7.17g/t Au

§ and including 5m @ 2.53g/t Au

MYARC0204 intercepted:

o 2m @ 0.63g/t Au from 32m

o 15m @ 1.76g/t Au from 101m

§ Including 1m @ 16.05g/t Au

o 4m @ 3.54g/t Au from 133m

§ Including 1m @ 13.05g/t Au

o 6m @ 1.19g/t Au from 152m

§ Including 1m @ 2.01g/t Au

Cut-off grade of 0.3g/t Au and 2m internal dilution applied to intercepts.

These results follow the two holes previously announced (21 May 2025) and mark four holes out of ten drilled to date (Figure 1 and Table 2), with assays for the remaining six holes still pending.

The programme has already met several key objectives:

• High-grade mineralisation has been intersected in the core of the Yarrol deposit, with observations of quartz veining and sulphide rich zones, associated with high grade gold, giving the team further confidence to focus on structural controls as a key vectoring tool for resource growth.
• Historical wide intercepts are being replicated, providing further validation of the inherited data, including regional scout holes, and supporting the geological model of continuity of mineralisation both along strike and down dip.
• Gold mineralisation, including high-grade zones, continues at depth beyond historical drilling, extending the known system and demonstrating clear growth potential down-dip.

The team look forward to receiving further results from the six remaining holes, building into the emerging picture of geological continuity.

Mark Stephenson, Executive Director of Mila Resources, commented:

"These results are a major win, as they continue to demonstrate the strength and scale of the Yarrol system. With only four holes reported to date, we are already seeing clear evidence that the mineralisation is continuous and extends beyond the footprint of historical drilling. The intercepts confirm that the core of the system hosts high-grade material, and that continuity at depth is real. With six more holes still to come, we are encouraged by what we're seeing and are confident in Yarrol's potential to deliver a much larger gold system."

Next Steps

The remaining six holes are currently at the laboratory, with results expected over the coming weeks. Once all assays are received, the Company will look to incorporate these into an updated geological interpretation and begin defining next-phase exploration targets aimed at expanding the mineralised envelope along the Yarrol fault, a 20km long feature.

About the Yarrol Gold Project

The Yarrol Project is located in the highly prospective Yarrol Province in Queensland, an emerging gold district host to several known mineralised systems. Mila's initial focus has been on drilling beneath and along strike from historic shallow gold intercepts. The ongoing drill programme is designed to test the continuity, grade, and scale of the gold system, with a view to defining a maiden JORC resource in due course.

Table 1: Significant Intersections

Cut-off grade of 0.3g/t Au and 2m internal dilution applied to intercepts.

See Appendix 1 for full table of results.

Table 2: Drill hole collar details

Figure 1: Drillhole location plan with simplified geological interpretation.

Figure 2: Cross-Section through MYARC0196

Figure 3: Cross-Section through MYARC0204

Appendix 1: Complete assay intervals of mineralised zones with Significant Intersection Calculations and high-grade assays highlighted.