Interim Results

About this update from Ormonde Mining Plc

30 September 2025   Ormonde Mining plc ("Ormonde" or the "Company")   Interim Results for the Six Months Ended 30 June 2025   Ormonde Mining plc (AQSE: ORM), the natural resources company with investment exposure to outstanding gold exploration assets, announces its unaudited interim results for the six months ended 30 June 2025.   Key Portfolio Developments - Year to Date   TRU Precious Metals (Ormonde: 36.5%) Golden Rose Project, Newfoundland (Gold, Copper)   ·   Completed 1,988m of diamond core drilling at Golden Rose intersecting gold-bearing mineralisation in every hole ·   Discovery of two previously unknown gold mineralised zones - one with an interpreted strike length of over 500m ·   Strengthened landholding, with TRU consolidating 51% ownership of the Staghorn Property, which represents 11% to the landholding along the gold deposit bearing Cape Ray - Valentine Lake Shear Zones. The remainder of the Golden Rose Property is owned 100% by TRU   Zamora Licences (Ormonde: 100%) Antofagasta and Cueva Negra Projects, Spain (Gold)   ·   Increased ownership from 49% to 100% through acquisition of partner interest ·   Reported 3-year licence extensions ·   Independent geological reports have affirmed potential of the Zamora Licences to host significant gold mineralisation   Peak Nickel (Ormonde: 18.9%) Portsoy Project, Scotland (Nickel)   ·   Entered into an option agreement with Winshear Gold Corp. (TSXV: WINS) for Winshear to earn 100% of the project, subject to work programme commitments over 5 years - Peak Nickel to receive shares in Winshear over 5-years and a 1% Net Smelter Returns Royalty (capped) ·   Ormonde did not support the transaction which the Board believes undervalues the opportunity   Key Financials   ·   Group loss for the six-month period of €999,000 (H1 2024: loss of €578,000) ·   Group net assets as at 30 June 2025 of €8.03 million (31 December 2024: €9.03 million), including group cash and cash equivalents of €1.20 million (31 December 2024: €1.29 million)   Brian Timmons, Chair of Ormonde, commented:   "Flanked by major deposits along the same geological shear zone, Ormonde's TRU holding provides our investors with exposure to what we believe could be the next major...

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