Western Yilgarn NL has entered into an agreement to acquire the Cardea 3 Bauxite Project, a significant addition to its portfolio in the Darling Range Bauxite Mineral Field. The project, encompassing an exploration licence application covering 5.86 square kilometers, is located approximately 17.5 kilometers east of the Company’s Julimar West Bauxite Project. The transaction framework calls for an initial non‐refundable deposit, followed by a cash payment and the issuance of fully paid ordinary shares at a price determined by the recent trading average, payable on grant of the exploration licence. The Cardea 3 asset has an extensive drilling record with 422 vacuum drillholes completed to date, 139 of which underwent bomb digest assay analysis. These technical indicators reveal high-grade bauxite, with available alumina consistently exceeding 34.5% and reactive silica averaging around 3.14%. Several drillhole results are notable, such as intercepts recording up to 48.08% total alumina close to the surface and high available alumina yields from significant intervals. The deposit, characterized by a classic lateritic profile typical of the region, is strategically positioned near Perth and well supported by key infrastructure including major ports and a multi-user railway, factors that support an efficient logistics setup ideally suited to Direct Shipping Ore bauxite. The technical documentation details the drilling methodologies, sample processing, quality assurance procedures, and adherence to industry standards such as those of the JORC Code 2012. Further studies, including additional drilling to extend the known bauxite areas, are planned to explore lateral and depth extensions and verify continuity of high-grade zones. The Company’s detailed reporting underscores potential scalability, with prospects to enhance both tonnage and grade through continued exploration and resource estimation activities. Market sentiment may lean bullish given the strong grade profiles, robust infrastructure linkages, and favourable market conditions for alumina and bauxite, which suggest the asset could contribute significant value to Western Yilgarn NL’s overall resource base. On the other hand, cautious investors may note that the project remains in the exploration stage and that forward-looking estimates and future drilling outcomes carry inherent uncertainties. Overall, the acquisition reinforces the Company’s strategic expansion in the bauxite sector and positions it to capitalize on current commodity trends.