AusQuest’s Cangallo discovery expands as deeper drilling points to further copper potential

• Cangallo corridor extends beyond 1,500 metres and to about 800 metres vertical depth
• Stage 3 drilling returned broad copper intersections and higher-grade zones up to 1.09% Cu
• FY2026 net loss widened to $3.04 million as exploration spending increased
• Cash fell to $6.35 million despite the December 2025 $10 million placement