Hillgrove Resources Outlines Copper Production and Exploration Plans at Noosa Mining Conference 2026

Hillgrove's Role as an Australian Copper Producer

Hillgrove Resources Ltd operates as a prominent Australian copper producer focused on advancing both production and exploration activities. Listed on the Australian Securities Exchange (ASX) under the ticker HGO, the company complies with Australian disclosure regulations, including the Corporations Act and ASX listing rules. As a publicly traded entity, Hillgrove adheres to the 2012 Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code), ensuring transparent and standardized reporting of mineral assets to investors and stakeholders.

The company’s operational portfolio strategically targets copper exploration and development within Australia. Hillgrove’s dedication to regulatory compliance and transparent market disclosures establishes it as a key participant in Australia’s resources sector. The board has authorised the dissemination of strategic and operational updates to investors and stakeholders via regulated announcements and industry events such as the Noosa Mining Conference.

Kanmantoo Copper Project and Recent Ore Reserve Extensions

Hillgrove’s Kanmantoo project remains a core asset within its copper portfolio. On 30 October 2025, the company announced an ore reserve extension titled "Hillgrove Resources Delivers Ore Reserve Extension at 1.0%CuEq," detailing advancements in defining mineable copper resources at Kanmantoo. This update included material information on mineral resource estimates and ore reserve classifications, verified by competent technical personnel. Hillgrove confirmed that no new data has materially altered the original findings, with all assumptions and technical parameters still applicable.

Earlier, on 18 October 2024, Hillgrove declared a maiden underground ore reserve at Kanmantoo alongside a 96% increase in the project’s copper mineral resource endowment. The announcement, "Maiden Kanmantoo Underground Ore Reserve And 96% Increase In Copper Mineral Resource Endowment," marked a significant development milestone. The technical team affirmed that all material assumptions underpinning the 2024 resource estimate remain valid with no material changes since release. These consecutive updates reflect ongoing efforts to advance Kanmantoo toward operational readiness.

Exploration and Drilling Initiatives at Kanmantoo and Kanappa

Hillgrove has outlined planned drilling programs and exploration targets across its copper assets. On 11 December 2025, the company issued a "2026 Kanmantoo Exploration Update" detailing exploration activities scheduled for the year. This was followed by a 16 April 2026 announcement, "Exploration Target Defined for Kanappa Drilling Program," which specified drilling targets and methodologies for the Kanappa prospect. These programs demonstrate a structured approach to expanding copper mineralisation within Hillgrove’s holdings.

The company confirmed that exploration targets and drilling plans remain based on current technical assumptions without material impact from new information. These initiatives represent a continuation of Hillgrove’s systematic exploration strategy aimed at identifying mineralisation beyond current resource boundaries. Exploration at Kanmantoo and Kanappa underscores the company’s commitment to growing its mineral resource base and future production potential.

Leadership and Investor Relations Team

Bob Fulker, Hillgrove’s Chief Executive Officer and Managing Director, will deliver the presentation at the Noosa Mining Conference, providing insights into the company’s strategic direction, operational priorities, and copper business advancement plans. Fulker holds executive responsibility for daily operations and strategic leadership.

Supporting Fulker are Luke Anderson, Chief Financial Officer and Joint Company Secretary, and Jane Brunton, Head of Investor Relations and Growth. This management framework reflects strong corporate governance and investor engagement practices. Brunton’s dedicated role highlights Hillgrove’s structured communication program with shareholders and market participants. Investors seeking further information can contact the investor relations team using the provided details.

Noosa Mining Conference Access and Registration

Hillgrove facilitates investor participation by offering free online registration via the Noosa Mining Conference website. Interested parties can register at https://www.noosaminingconference.com.au/ to view the CEO’s presentation remotely at 11:30am AEST on Friday, 24 July 2026. This accessibility approach aligns with modern investor relations practices, enabling broad stakeholder engagement regardless of location.

Providing complimentary online access underscores Hillgrove’s commitment to transparency and inclusive stakeholder communication. Presenting at an industry conference with remote viewing options positions the company prominently within Australia’s resources sector dialogue. The mid-year timing offers an ideal platform to update investors on operational progress and strategic goals.

Compliance with Technical Reporting and Competent Persons

Hillgrove’s mineral resource and ore reserve disclosures comply with stringent Australian regulatory standards and industry best practices. Technical information is reviewed and verified by qualified competent persons experienced in resource estimation and reserve definition. Data presented on Kanmantoo’s mineral resources and ore reserves derives from formally released market announcements adhering to the JORC Code applicable to ASX-listed companies.

The company confirms that technical findings have not been materially altered from original releases, with all material assumptions still valid. This adherence to regulatory compliance and transparency fosters investor confidence in Hillgrove’s reported data. Competent persons’ statements accompanying resource and reserve updates provide additional assurance regarding the technical integrity of the company’s mineral asset reporting.

Forward-Looking Statements and Investment Risks

Hillgrove’s Noosa Mining Conference presentation is expected to include forward-looking statements concerning future production, exploration results, and strategic plans. The company acknowledges inherent risks and uncertainties that may cause actual outcomes to differ materially from projections. Identified risks include challenges in forecasting production volumes, geological and technical complexities, fluctuations in copper market prices, exchange rate variability, and changes in equipment or mine planning.

Hillgrove states that forward-looking statements are made in good faith and on reasonable grounds but disclaims any guarantee of achieving stated expectations. The company has no obligation to update or revise forward-looking information as circumstances evolve. Investors are advised to consider these risk factors and the conditional nature of forward-looking statements when evaluating Hillgrove’s prospects.

Market Environment and Copper Industry Trends

Operating as an Australian copper producer, Hillgrove is positioned within a sector driven by sustained global demand. Copper consumption is propelled by infrastructure development, renewable energy transitions, and industrial manufacturing worldwide. Australia’s resources sector remains a vital economic contributor, with copper producers benefiting from global commodity price dynamics and supply-demand fundamentals.

Hillgrove’s exploration and development efforts at Kanmantoo and other sites aim to capitalize on ongoing copper market interest. By expanding ore reserves and pursuing new mineralisation, the company seeks to establish a sustainable production profile aligned with medium- to long-term demand. The Noosa Mining Conference presentation offers a platform to communicate Hillgrove’s strategic response to market conditions and capital availability for copper projects in Australia.

Regulatory Compliance and ASX Governance

As an ASX-listed Australian company, Hillgrove operates within a robust regulatory framework designed to protect investors and uphold market integrity. The company complies with the Corporations Act and ASX listing rules governing disclosure, market announcements, and financial reporting. This framework mandates accurate, timely, and material disclosures concerning business and financial developments.

Board approval of the Noosa Mining Conference presentation reflects sound corporate governance, ensuring information aligns with Hillgrove’s strategic and risk management objectives. The regulatory environment provides investors with protections and confidence in the reliability of information disseminated through official channels and industry forums.