Energy Metals Updates September 2026 Quarterly Report, Names Dr Wayne Taylor as Competent Person

Manish Choudhary

03 November 2026 08:45 PM AEDT

Energy Metals Updates September 2026 Quarterly Report, Names Dr Wayne Taylor as Competent Person

Image Source: Krish Capital Pty Ltd

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Energy Metals Limited (ASX:EME) has released an updated Quarterly Activities Report for the three months ended 30 September 2026, amending the Competent Person statement to identify Dr Wayne Taylor as the Competent Person responsible for mineral exploration information and removing a prior statement relating to Mr David Nelson.

Key Points

The updated report clarifies that results from the Ngalia Regional Project aircore drilling program will be provided in a separate filing at the conclusion of the program.
The Competent Person statement has been amended to name Dr Wayne Taylor, replacing the previous reference to Mr David Nelson.
The Appendix 5B released on 29 October 2026 is unaffected by these amendments.
Energy Metals held approximately $6.3 million in cash and 209.7 million shares on issue at 30 September 2026.
Rehabilitation works on previous drill pads, access tracks and erosion-prone areas at the Bigrlyi Project were completed during the quarter.

Amendments to the September 2026 Quarterly Activities Report

Energy Metals disclosed on 3 November 2026 that the updated Quarterly Activities Report for the quarter ended 30 September 2026 incorporates two specific amendments. The first clarifies that an update on the Ngalia Regional Project aircore drilling program will be provided in a separate filing at the conclusion of the program, rather than within the quarterly report itself. The second amends the Competent Person statement to identify Dr Wayne Taylor as the Competent Person responsible for mineral exploration information, with the statement relating to Mr David Nelson removed. All other information in the report remains unchanged, according to the filing.

Ngalia Regional Project Aircore Drilling Program

The Ngalia Regional Project, in which Energy Metals holds a 100% interest, comprises thirteen exploration licences, applications and exploration licences in retention located in the Ngalia Basin, between 180 kilometres and 350 kilometres northwest of Alice Springs in the Northern Territory. During the September 2026 quarter, a passive seismic survey on EL24451 identified buried palaeochannels with potential to host uranium mineralisation. An initial aircore drilling program to test the palaeochannel targets has commenced, with results to be disclosed in a separate filing upon completion of the program.

Bigrlyi Project Rehabilitation and Financial Position

At the Bigrlyi Project in the Northern Territory, rehabilitation works on previous drill pads, access tracks and erosion-prone areas were completed during the September 2026 quarter. The filing also noted that exploration licence EL30144, known as Dingo's Rest South and forming part of the Bigrlyi Joint Venture, was renewed during the quarter. No work was carried out on the Walbiri or Malawiri Joint Venture tenure during the quarter. Energy Metals reported approximately $6.3 million in cash and 209.7 million shares on issue as at 30 September 2026. The filing was authorised for release by Managing Director Shubiao Tao.

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