切斯特多个可见铜矿化带

RAPTORSTRIKESMULTIPLE ZONES OFVISUALCOPPERMINERALISATIONIN FIRST CHESTER DRILL HOLES HIGHLIGHTS •Completed first two holes in 2,200m diamond drill program at Chester Project, NewBrunswick, Canada •Intersected zones of significant copper mineralisation aligning with expectationsand validating resource base •Program aims to enhance JORC-compliant Mineral Resource Estimate (MRE)throughdata validation,metallurgical testing,structural geology insights, Raptor Metals Ltd (ASX: RAP) (“Raptor”) or (“the Company”)is pleased to advise it hascompleted the first two holes of a 2,200m diamond drill program atThe Chester Project(“Chester”), New Brunswick, Canada. This drilling update marks a key milestone in RAP’s systematic exploration strategyfollowing the transformative acquisition of Raptor Resources Limited and reinstatement Managing Director Brett Wallace commented: “We are thrilled with the early visual results from the first two holes, which align with ourexpectations for unlocking Chester's upside. Theseintersections validate our resourcebase and reaffirm our confidence in the potential at hand in one of the world's premier Chester Diamond Drill Program A diamond drill program is underway to cover approximately 2,200 metres andfocuseson validating and improving the existing data of the current JORC-compliant MRE. •Validatehistorical assay data within the MRE to enhance resourceconfidence•Collect samples for metallurgical testing to assess processing options and Based on visual estimatesof mineral abundance during geological logging, the drillinghas intersected zones of significant copper sulphide mineralisation (Table 2) that occur Processing of diamond core from initial holes CDH001 and CDH002 iscontinuing, withcore photography, cutting andsampling to be completedand samplessubmitted for In relation to the disclosure of visual mineralisation included in Table 1, the Company cautions that the information isbased solely on visualinspection of the core which is yet to be assayed. The presence of copper and zinc is supportedby in-field portable XRF but is considered indicative only and subordinate to laboratory assays. Laboratory assay results The program is leveraging modern exploration techniques in this prolificmining district.Chesterbenefits from excellent infrastructure,including year-round road access, Chester Project Background The Chester Project is located in northern New Brunswick,Canada(figure 7),the projectis located within the Bathurst Mining Centre,which has produced over 180 million tonnesofbase metal ore from VMS deposits.The project hosts high-grade copper-zincmineralisationand remains open along strike and at depth,offering significantexploration potential. Historical drilling (figure 1) has intersected substantial copper- Chester offers immediate exploration upside through targeted drilling to expand theresource and test parallel horizons. The Chester Project hosts a JORC (2012) compliant The Company will provide further updates as the program progresses. NextSteps •Complete processing of HQ diamond core holes CHD001 & CDH002•Complete diamond drilling program•Submit HQ diamond core samples for assaying•Submit PQ diamond core samples for metallurgical testing•Carry out downhole time domainelectromagnetic (TDEM or TEM) survey The Company's new website ishttps://raptormetals.com.au/ This announcement has been authorised for release by the Board of Directors. For further information,please contact: Investor RelationsNWR Communications CompanyRaptor MetalsBrett Wallace About Raptor Metals Ltd Previously Eastern Metals Limited (ASX: EMS), Raptor Metals acquired Raptor Resources and is now focusedon Canadian copper exploration with two projects in the historic Bathurst Mining Camp in New Brunswick.For further information regarding Raptor Metals and its portfolio of projects, please refer to the ASXannouncement titled “Recompliance Prospectus” dated 10 October 2025 (released to ASX on 16 October Forward-looking Statements Anyforward-looking statements in this document involve subjective judgment and are subject touncertainties, risks, and contingencies outside the Company's control. Actual events may vary materially. Competent Persons Statement The information in this announcement that relates to Exploration Results is based on information compiled and fairly represented by Mr Brett Wallace, Managing Director of Raptor Metals Ltd, who is a Member ofthe Australin Institute of Geoscientists (maig)and the Australasian Institute of Mining and Metallurgy(MAusIMM). Mr Wallace has sufficient experience relevant to the style of mineralisation and type of depositunder consideration, and to the activity which he has undertaken, to qualify as a Competent Person as Previous ASX Releases The information in this announcement relating to the technical assessment of mineral assets, explorationresults and mineral resources was reported in the ASX announcements released by the Company ti