Announcement PDF Investigator Silver Limited | ABN: 90 115 338 979 | Level 1, Suite 4, 136 Greenhill Rd, Unley SA 5061 Australia | ASX: IVR | www.ivrsilver.com.au 1 September 2026 PARIS PROJECT INITIAL SILVER DRILL RESULTS High grade intersections outside of pit optimisation demonstrate opportunities to expand silver inventory, including 1m @ 13,302g/t Ag (PPRC968) HIGHLIGHTS  Significant intersections from initial 2026 drilling outside the DFS1 pit margin at Paris Project to date include: o 4m @ 5,448g/t Ag from 78m* in PPRC968, including 1m @ 13,302g/t Ag from 80m (Paris East); o 2m @ 822g/t Ag from 49m* in PPRC965, including 1m @ 1,545g/t Ag from 50m* (Paris East); o 3m @ 275g/t Ag from 91m in PPRC970 (Paris East); o 2m @ 4,211g/t Ag from 111m in PPRC957, including 1m @ 8,120g/t Ag from 112m (Paris North); o 9m @ 110g/t Ag from 81m* in PPRC948 (Paris North); and o 6m @ 111g/t Ag from 256m in PPRC929 (Paris Deeps).  Results support the potential to grow the Paris silver inventory beyond the current DFS pit, with follow-up infill and expansion drilling planned.  Several intersections remain open, awaiting adjacent assay return.  Regional exploration has identified a new silver-bearing epithermal system at Theseus, less than 10km from Paris.  A further circa 30,000m drill program scheduled to commence at Paris in September. Investigator Silver Limited (ASX: IVR) (“Investigator” or “the Company”) is pleased to report interim assay results from its 2026 drilling program at the 100%-owned Paris Silver Project and across the broader Paris Silver Corridor in South Australia. The drilling program commenced in March 2026 and focused on assessing growth opportunities around the margins of the Paris DFS1 optimised pit and advancing district-scale silver targets within the corridor. The results reported include assays received to date from drilling at Paris North, Paris East, Paris Deeps, Alexander East and Manto together with first-time sampling of preserved historical diamond core from 07DHPL03 at Theseus. Assays remain outstanding from parts of the current drilling program with updates to shareholders undertaken as results are received. Commenting on these results, Investigator Silver Managing Director, Lachlan Wallace, said: The high-grade results at Paris North and Paris East are an encouraging outcome from this phase of drilling. They reinforce the quality of the mineralised system around the existing Paris Deposit and provide clear opportunities for growth of the Paris silver inventory with appropriate follow- up drilling. The magnitude of a number of significant assays in this program outside of the existing pit optimisation demonstrates significant upside potential around the existing deposit and may increase the available mining inventory beyond the DFS which was released to the market on 27 February 2026. Theseus is an exciting regional result. The hole was drilled almost 20 years ago for uranium, not silver, and the core had never been sampled. Sampling it for the first time has returned multiple 1 ASX 27th February, 2026; Paris DFS Confirms Maiden Ore Reserve. *indicates an intersection where neighbouring samples are yet to have assays returned. Investigator Silver Limited | ABN: 90 115 338 979 | Level 1, Suite 4, 136 Greenhill Rd, Unley SA 5061 Australia | ASX: IVR | www.ivrsilver.com.au silver-bearing zones associated with a larger epithermal vein system and reinforces our view of the prospectivity of the Paris exploration corridor and the potential to add significant value with discovery success.” Figure 1 - Peterlumbo Project H1 2026 RC drilling, showing historic drilling, key regional targets, 2026 DFS Paris Deposit pit outline, tenure, the Paris Silver corridor, and Theseus cross-section location. Shown on colourised 1VD AMAG image. 2026 H1 Drilling Program The 2026 program was designed to progress two parallel objectives:  Test areas proximal to the current optimised open pit established in the Paris Definitive Feasibility Study1 to establish growth potential around the Paris Deposit; and  Commence district-scale drilling of priority silver targets within the Paris corridor. The Paris drilling targeted potential pit expansion opportunities on the margins of the deposit. Many of these areas were last assessed approximately 10 years ago under a materially lower silver price environment and now warrant reassessment. Spacing between holes was generally 50m or more on sections up to 100m apart. Drilling undertaken to date has focused on infill and extension of existing lines, before expanding into closer spaced infill to support future resource estimation. Whilst drilling has to date focused on the northern and eastern margins of the deposit, additional drilling is planned at Paris south and results are awaited for a program on the western side of Paris. The Company also commenced drilling of regional targets within the northwest trending Paris silver corridor. Targets included testing of alternate interpretations at Alexander East and Helen, in addition to broader drill traverses across the Manto prospect where recent model development supported a structural setting similar to at Paris. Drilling within the Paris deposit is undertaken such that sampling is in accordance with protocols developed during successive historical mineral resource estimations to ensure robust QAQC support for future estimations. This requires meticulous weighing and manual splitting procedures, which include drying of sample prior to splitting to maximise sample representivity. Whilst regarded as best practice for future estimation, it does result in some delays for hole reporting, particularly intervals that are wet. Additionally, assays that fall above the current 1500ppm silver Investigator Silver Limited | ABN: 90 115 338 979 | Level 1, Suite 4, 136 Greenhill Rd, Unley SA 5061 Australia | ASX: IVR | www.ivrsilver.com.au analytical limit require gravimetric analysis, which is currently available in Canada and can delay reporting of higher- grade silver intersections. This announcement reports results available at the time of compilation with tables and intersections clearly annotated where results are yet to be returned. Significant Paris intersections are reported using a 30g/t Ag lower cut-off with up to one 1m sample of internal dilution. Regional intersections use a 10g/t Ag lower cut-off with up to one sample of internal dilution on the basis that a lower threshold is of importance regionally to vector towards mineralisation. Paris East, Paris West, and Paris North Drilling at Paris East, Paris West, and Paris North was designed to evaluate growth potential around the margin of the DFS pit. Partial results have been received from Paris East and Paris North, including several high-grade silver intersections, while no assays have yet been received from Paris West. Results will be used to inform further infill and expansion drilling with a clear objective of improving grade continuity and geological confidence in these locations. Figure 2 - Paris Deposit H1 2026 RC drilling, showing historic drilling, 2026 DFS Paris optimised pit outline, main targets and key results to date. cross-sections annotated for reference. Shown on satellite true colour image. Investigator Silver Limited | ABN: 90 115 338 979 | Level 1, Suite 4, 136 Greenhill Rd, Unley SA 5061 Australia | ASX: IVR | www.ivrsilver.com.au Paris East Paris East has returned high grade silver intersections that provide early validation that opportunity to expand the resource estimate in this locality exists. Drilling was designed to test where historic drilling was thought to be impacted by a near section parallel narrow late-stage volcanic dyke impacting on results in a number of holes. Drilling in this program was planned either side of the potential dyke extension. The drilling successfully confirmed the extension of argillic altered volcanic breccias and dolomitic marble basement sequences further east of the current DFS pit optimisation. Importantly, whilst only partial assay results have been returned to date there are a number of significant intersections at shallow depths. Follow up drilling to infill and expand coverage at this location will be planned and prioritised for this year. Assays have been received for part of holes PPRC963-PPRC977, while no assays have been received for PPRC978- PPRC986 at the time of compilation, with significant results highlighted below:  PPRC968 returned multiple mineralised intervals, including 4m @ 5,448g/t Ag from 78m*, including 3m @ 7,254g/t Ag from 79m* (which itself includes 1m @ 13,302g/t Ag from 80m) and 3m @ 220g/t Ag from 42m*.  PPRC965 returned 2m @ 822g/t Ag from 49m*, which includes 1m @ 1,545g/t Ag from 50m* and a nearby 2m @ 86g/t Ag from 52m.  PPRC970 returned 3m @ 275g/t Ag from 91m.  PPRC969 returned 3m @ 157g/t Ag from 98m*. Figure 3 which shows drilling over a section window of +/-40m, displays early stage indications of strong mineralisation associated with the extension of breccia and the faulted metasedimentary contact. Additional infill drilling to extend coverage to meet future resource estimation requirements will be undertaken. Refer Appendix 2 for the full results table covering all holes in this area (PPRC963, PPRC964, PPRC966, PPRC971, PPRC975, PPRC976 and PPRC977). Figure 3 - Paris East representative section showing PPRC967, PPRC968, PPRC969, PPRC970, PPRC971, PPRC972, and PPRC973 in the context of the 2026 DFS Pit. Section width +/-40m. Refer to Figure 2 for section location in GDA2020 MGA Zone 53. Note, larger number of shallow intervals pending due to rain impacts on sub sample processes. Investigator Silver Limited | ABN: 90 115 338 979 | Level 1, Suite 4, 136 Greenhill Rd, Unley SA 5061 Australia | ASX: IVR | www.ivrsilver.com.au Paris North Paris North drilling was targeted on historical broader spaced drilling completed over 10 years ago that hosted silver assays considered too low grade to warrant further follow up at the time. With the strong silver commodity price environment this area has renewed prospectivity and offers an opportunity to add near mine ounces if drilling can demonstrate greater grade continuity at closer spacings and resource estimation is undertaken. Results to date have returned encouraging assays to support the planning of infill drilling for later in the year. Highlights to date include:  PPRC957 returned 2m @ 4,211g/t Ag from 111m, including 1m @ 8,120g/t Ag from 112m.  PPRC948 returned 9m @ 110g/t Ag from 81m*, 3m @ 79g/t Ag from 25m* and 2m @ 36g/t Ag from 76m*.  PPRC943 returned 2m @ 68g/t Ag from 48m and 1m @ 477g/t Ag from 172m*.  Broader intervals include 13m @ 40g/t Ag from 54m in PPRC959 and 8m @ 60g/t Ag from 9m in PPRC958. PPRC958 is an example of the potential to add near mine ounces, with 8m @ 60g/t Ag from 9m in PPRC958, which has extended mineralisation a further 20m to the East and is within the optimised open pit established in the Paris Definitive Feasibility Study, whilst PPRC957 appears to be influenced by a granite dyke and may be a “near miss”. All significant intersections are listed in Appendix 2 for this area. Figure 4 - Paris North representative section showing PPRC956, PPRC957, and PPRC958 in the context of the 2026 DFS pit. Section width 40m. Refer to Figure 2 for section location in GDA2020 MGA Zone 53. Investigator Silver Limited | ABN: 90 115 338 979 | Level 1, Suite 4, 136 Greenhill Rd, Unley SA 5061 Australia | ASX: IVR | www.ivrsilver.com.au Paris Deeps Five inclined RC holes were drilled at Paris Deeps to test mineralised trends beneath the DFS pit outline in addition to an area of the proposed open pit where limited drill coverage at shallow levels has occurred. Holes intersected metasedimentary schists before intersecting dolomite basement which corroborated the geological interpretation at this locality. Results to date include:  6m @ 111g/t Ag from 256m in PPRC929;  2m @ 115g/t Ag from 251m, 1m @ 215g/t Ag from 266m and 1m @ 61g/t Ag from 273m in PPRC931; and  6m @ 50g/t Ag from 175m in PPRC932. Figure 5 – Paris Deeps representative section showing PPRC929 in the context of the 2026 DFS pit. Section width 40m. Refer to Figure 2 for section location in GDA2020 MGA Zone 53. Regional Discovery at Theseus Theseus - New Silver-Bearing Epithermal System A new prospect has been identified and located approximately 7.5km southeast from Paris, named Theseus. Historical diamond drillhole 07DHPL03 was drilled by Mega Hindmarsh in 2007 as part of a uranium exploration program. The hole was drilled from surface using HQ followed by NQ2 diamond core and was terminated at 57.6m. The core was not cut or sampled at the time and was subsequently preserved at the South Australian Drill Core Library. In reviewing logs associated with this hole, Investigator geologists noted a comment mentioning a sulphide vein near bottom of hole within rhyolitic volcanics. Investigator re-logged and sampled the core for the first time in 2026. Importantly, what was interpreted to be a single, unidentified sulphide vein was observed to be a large number of cross cutting veins, many showing evidence of fluorite, galena and sphalerite infill. Extensive silica-sericite (phyllic) alteration assemblages that are typical of epithermal Ag-Pb-Zn systems were noted by Investigator geologists. Investigator Silver Limited | ABN: 90 115 338 979 | Level 1, Suite 4, 136 Greenhill Rd, Unley SA 5061 Australia | ASX: IVR | www.ivrsilver.com.au With support from the South Australian Drill Core Library, Investigator sampled the preserved core allowing analysis for the first time, with results confirming not only the presence of lead and zinc, but anomalous silver throughout the hole. Importantly, the hole was terminated at 57.6 m while still within the epithermal Ag-Pb-Zn mineralised system. Alteration and intensity of veining is regarded as extremely encouraging. The new assays identify multiple silver- bearing intervals through the shallow hole. Importantly, no drilling has occurred in the broad vicinity of this hole and an opportunity to explore for what may be a more extensive mineralised Ag-Pb-Zn epithermal system exists. Together, these observations indicate that 07DHPL03only intersected a shallow portion of a potentially more extensive mineralised Ag-Pb-Zn epithermal system. Figure 6 - Close up of drillhole 07DHPL03, intervals 22.90 to 26.80 m, part of which hosts the 1.85m @ 50 g/t Ag intercept from 22.15m. This interval is characterised by intense silica–sericite (phyllic) alteration assemblages, with local development of chalcedony; these alteration assemblages are consistent with epithermal Ag systems. Theseus returned multiple silver-bearing intervals:  1.20m @ 31 g/t Ag from 14.80m;  0.83m @ 18 g/t Ag from 20.70m;  1.85m @ 50 g/t Ag from 22.15m;  6.00m @ 14g/t Ag from 27.00m;  1.00m @ 15g/t Ag from 40.00m;  1.00m @ 13g/t Ag from 49.00m Base-metal anomalism is also present in the hole:  2.7m @ 1.1% Zn, 0.3% Pb, 5 g/t Ag from 42.60m;  1.00m @ 0.2% Zn, 0.2% Pb, 4 g/t Ag from 36.00m;  1.00m @ 0.3% Zn, 4 g/t Ag from 48.00m;  0.30m @ 0.3% Zn, 2 g/t Ag from 57.30m, with the hole finishing in mineralisation. Investigator Silver Limited | ABN: 90 115 338 979 | Level 1, Suite 4, 136 Greenhill Rd, Unley SA 5061 Australia | ASX: IVR | www.ivrsilver.com.au Figure 7 - Theseus representative section sampled for the first time in 2026 by Investigator Silver. Section width 40m. Refer to Figure 1 for section location. Other Regional Drilling and Assay Status Available regional drill results of significance are provided in Appendix 3 for balanced reporting. Results in proximity to Paris have only had silver reported given it is the primary mineral of interest, with lead or zinc mineralisation identified only used to inform and modify planning. Due to backlogs in assay results Appendix 3 has clear annotations for holes yet to be returned. Alexander East target was tested using an alternate structural model in order to ensure the proposed plant site area was unburdened by potentially viable mineralisation the area has been sterilised and is suitable for plant infrastructure. Results for Manto and Helen are still largely outstanding and will be reported in future updates to the market. For and on behalf of the Board. Lachlan Wallace Managing Director For further information, please contact: Lachlan Wallace Managing Director + 61 (0) 8 7325 2222 lwallace@ivrsilver.com.au Stephanie Richardson Sodali & Co + 61 423 459 440 stephanie.richardson@sodali.com Investigator Silver Limited | ABN: 90 115 338 979 | Level 1, Suite 4, 136 Greenhill Rd, Unley SA 5061 Australia | ASX: IVR | www.ivrsilver.com.au About the Paris Silver Project – 100% Investigator Silver Investigator’s 100% owned Paris Silver Project is located 70km north of the rural township of Kimba on South Australia’s Eyre Peninsula. The Paris Silver Project, with a JORC 2012 resource of 24Mt @ 73g/t silver and 0.41% lead for 57Mozs silver and 99kt lead2 , is a shallow high-grade intermediate sulphidation epithermal silver deposit amenable to open pit mining, providing outstanding exposure to a metal with strong commodity, renewable energy and manufacturing demand. With positive outcomes of the Paris Project’s Definitive Feasibility Study was reported in February 2026, including the release of a Maiden Ore Reserve estimate, the company has lodged a Mining Lease Application (MLA) with the South Australian Department for Energy and Mining3 . In step with the MLA assessment process, the company is undertaking the work required to ensure the project is financially and operationally ready at pending grant of a Mining Lease to take advantage of a strong silver commodity price to which the Paris Project is significantly leveraged towards. Competent Person Statement Exploration Results: The information in this report relating to Exploration Results is based on, and fairly represents, information and supporting documentation prepared by Mr Jason Murray who is a Member of the Australasian Institute of Mining and Metallurgy (AusIMM) and a full-time employee of the Company. Mr Murray has sufficient experience relevant to the style of mineralisation and type of deposit under consideration, and to the activity being undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Murray consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. Mineral Resource Estimates: The information in this report that relates to the Paris Mineral Resource Estimate is extracted from the ASX announcement “Paris Mineral Resource Estimate Update” dated 5 July 2023. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the estimate continue to apply and have not materially changed. Ore Reserves: The information in this report that relates to the Paris Ore Reserve is extracted from the ASX announcement “Paris DFS Confirms Maiden Ore Reserve, Strong Economics” dated 27 February 2026. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the estimate continue to apply and have not materially changed. Paris Mineral Resource and Ore Reserve Category Mt Ag g/t Ag Moz Pb Kt Indicated 17 75 41 85 Inferred 7.2 67 16 14 Total 24 73 57 99 2023 Paris Silver Project Mineral Resource estimate (25g/t silver cut-off grade). Totals may differ due to rounding. Category Mt Ag g/t Ag Moz Probable 12 88 33 Total 12 88 33 2026 Paris Silver Project Ore Reserve estimate (variable cut-off grade based on geometallurgical domains: BT 28.5g/t, BTM 24g/t, DOL 23g/t). 2 ASX 5th July 2023; Paris Mineral Resource Estimate Update 3 ASX 19th August 2026; Investigator Lodges Mining Lease Application Investigator Silver Limited | ABN: 90 115 338 979 | Level 1, Suite 4, 136 Greenhill Rd, Unley SA 5061 Australia | ASX: IVR | www.ivrsilver.com.au APPENDIX 1: Drill Hole Collar Information Hole ID Type Drilled Year Reported Previously Prospect East (m) North (m) RL (m) Dip (°) Azi (°) EOH (m) 07DHPL03 DD 2007 No Theseus 600760 6381900 237 -60 310 57.6 PPRC924 RC 2026 No Alexander East 593502 6387269 167 -90 NA 168 PPRC925 RC 2026 No Alexander East 593294 6387329 171 -90 NA 150 PPRC926 RC 2026 No Alexander East 593211 6387444 176 -90 NA 126 PPRC927 RC 2026 No Alexander East 593442 6387460 170 -90 NA 138 PPRC928 RC 2026 No Paris Deeps 593959 6387376 175 -60 59 252 PPRC929 RC 2026 No Paris Deeps 593979 6387341 176 -60 55 270 PPRC930 RC 2026 No Paris Deeps 593977 6387288 176 -60 50 264 PPRC931 RC 2026 No Paris Deeps 594048 6387292 176 -60 52 282 PPRC932 RC 2026 No Paris Deeps 594078 6387266 176 -60 49 252 PPRC933 RC 2026 No Paris North 593949 6388150 175 -90 NA 132 PPRC934 RC 2026 No Paris North 594025 6388215 177 -90 NA 180 PPRC935 RC 2026 No Paris North 593964 6388292 177 -90 NA 174 PPRC936 RC 2026 No Paris North 593887 6388227 175 -90 NA 144 PPRC937 RC 2026 No Paris North 593813 6388164 173 -90 NA 162 PPRC938 RC 2026 No Paris North 593737 6388100 171 -90 NA 186 PPRC939 RC 2026 No Paris North 593659 6388035 170 -90 NA 144 PPRC940 RC 2026 No Paris North 593719 6387958 170 -90 NA 156 PPRC941 RC 2026 No Paris North 593796 6388022 171 -90 NA 300 PPRC942 RC 2026 No Paris North 593872 6388086 173 -90 NA 132 PPRC943 RC 2026 No Paris North 593942 6387956 172 -90 NA 198 PPRC944 RC 2026 No Paris North 593872 6387903 170 -90 NA 152 PPRC945 RC 2026 No Paris North 593797 6387838 169 -90 NA 126 PPRC946 RC 2026 No Paris North 593721 6387774 168 -90 NA 96 PPRC947 RC 2026 No Paris North 593797 6387697 170 -90 NA 168 PPRC948 RC 2026 No Paris North 593835 6387729 169 -90 NA 150 PPRC949 RC 2026 No Paris North 593873 6387761 169 -90 NA 168 PPRC950 RC 2026 No Paris North 593911 6387793 170 -90 NA 150 PPRC951 RC 2026 No Paris North 593950 6387825 170 -90 NA 150 PPRC952 RC 2026 No Paris North 593990 6387858 171 -90 NA 150 PPRC953 RC 2026 No Paris North 594083 6387778 171 -90 NA 120 PPRC954 RC 2026 No Paris North 594121 6387810 171 -90 NA 132 Investigator Silver Limited | ABN: 90 115 338 979 | Level 1, Suite 4, 136 Greenhill Rd, Unley SA 5061 Australia | ASX: IVR | www.ivrsilver.com.au Hole ID Type Drilled Year Reported Previously Prospect East (m) North (m) RL (m) Dip (°) Azi (°) EOH (m) PPRC955 RC 2026 No Paris North 594160 6387842 173 -90 NA 138 PPRC956 RC 2026 No Paris North 594194 6387801 172 -90 NA 114 PPRC957 RC 2026 No Paris North 594155 6387769 171 -90 NA 150 PPRC958 RC 2026 No Paris North 594117 6387737 171 -90 NA 120 PPRC959 RC 2026 No Paris North 593915 6387666 171 -90 NA 126 PPRC960 RC 2026 No Paris North 593876 6387634 171 -90 NA 132 PPRC961 RC 2026 No Paris North 593838 6387601 172 -90 NA 108 PPRC962 RC 2026 No Paris North 593800 6387569 173 -90 NA 120 PPRC963 RC 2026 No Paris East 594662 6387496 177 -90 NA 150 PPRC964 RC 2026 No Paris East 594627 6387468 177 -90 NA 144 PPRC965 RC 2026 No Paris East 594585 6387432 176 -90 NA 126 PPRC966 RC 2026 No Paris East 594646 6387446 171 -90 NA 150 PPRC967 RC 2026 No Paris East 594663 6387380 177 -90 NA 138 PPRC968 RC 2026 No Paris East 594621 6387347 174 -90 NA 138 PPRC969 RC 2026 No Paris East 594580 6387278 175 -90 NA 120 PPRC970 RC 2026 No Paris East 594618 6387314 176 -90 NA 132 PPRC971 RC 2026 No Paris East 594657 6387346 176 -90 NA 114 PPRC972 RC 2026 No Paris East 594695 6387378 177 -90 NA 114 PPRC973 RC 2026 No Paris East 594782 6387456 179 -90 NA 138 PPRC974 RC 2026 No Paris East 594843 6387353 180 -90 NA 198 PPRC975 RC 2026 No Paris East 594772 6387295 178 -90 NA 150 PPRC976 RC 2026 No Paris East 594695 6387230 177 -90 NA 144 PPRC977 RC 2026 No Paris East 594775 6387178 178 -90 NA 138 PPRC978 RC 2026 No Paris East 594851 6387242 179 -90 NA 150 PPRC979 RC 2026 No Paris East 594833 6387155 179 -90 NA 150 PPRC980 RC 2026 No Paris West 594579 6386972 178 -90 NA 150 PPRC981 RC 2026 No Paris West 594541 6386940 178 -90 NA 209 PPRC982 RC 2026 No Paris West 594482 6386971 178 -65 44 180 PPRC983 RC 2026 No Paris West 594493 6387054 176 -90 NA 144 PPRC984 RC 2026 No Paris West 594532 6387086 176 -90 NA 138 PPRC985 RC 2026 No Paris West 594430 6387142 175 -90 NA 126 PPRC986 RC 2026 No Paris West 594392 6387110 176 -90 NA 138 PPRC987 RC 2026 No Manto 596642 6385170 197 -60 75 240 PPRC988 RC 2026 No Manto 596539 6385130 199 -60 75 162 Investigator Silver Limited | ABN: 90 115 338 979 | Level 1, Suite 4, 136 Greenhill Rd, Unley SA 5061 Australia | ASX: IVR | www.ivrsilver.com.au Hole ID Type Drilled Year Reported Previously Prospect East (m) North (m) RL (m) Dip (°) Azi (°) EOH (m) PPRC989 RC 2026 No Manto 596434 6385079 202 -60 80 168 PPRC990 RC 2026 No Manto 596334 6385033 204 -60 73 198 PPRC991 RC 2026 No Manto 596673 6383967 225 -60 57 150 PPRC992 RC 2026 No Manto 596553 6383865 229 -60 47 192 PPRC993 RC 2026 No Manto 596442 6383772 252 -60 45 198 PPRC994 RC 2026 No Manto 596322 6383674 252 -60 50 150 PPRC995 RC 2026 No Manto 597533 6382485 221 -60 63 246 PPRC996 RC 2026 No Manto 597487 6382444 224 -60 56 180 PPRC997 RC 2026 No Manto 597440 6382404 224 -60 53 198 PPRC998 RC 2026 No Manto 597397 6382367 220 -60 50 198 PPRC999 RC 2026 No Helen 596709 6388642 182 -90 NA 150 PPRC1000 RC 2026 No Helen 596697 6388587 180 -90 NA 138 PPRC1001 RC 2026 No Helen 596787 6388614 182 -90 NA 168 PPRC1002 RC 2026 No Helen 596755 6388587 181 -90 NA 132 Coordinate system: GDA2020 / MGA Zone 53. RL: AHD. Investigator Silver Limited | ABN: 90 115 338 979 | Level 1, Suite 4, 136 Greenhill Rd, Unley SA 5061 Australia | ASX: IVR | www.ivrsilver.com.au APPENDIX 2: Significant Paris Intersections Hole ID Prospect From (m) To (m) Length (m) Ag (g/t) PPRC928 Paris Deeps No Significant Intersection in assays received to date PPRC929 Paris Deeps 256 262 6 111 PPRC930 Paris Deeps No Significant Intersection in assays received to date PPRC931 Paris Deeps 251 253 2 115 266 267 1 215 273 274 1 61 PPRC932 Paris Deeps 175 181 6 50 192 193 1 35 213 214 1 31 PPRC933 Paris North No Significant Intersection in assays received to date PPRC934 Paris North No Significant Intersection in assays received to date PPRC935 Paris North No Significant Intersection in assays received to date PPRC936 Paris North No Significant Intersection in assays received to date PPRC937 Paris North No Significant Intersection Returned PPRC938 Paris North No Significant Intersection Returned PPRC939 Paris North No Significant Intersection Returned PPRC940 Paris North 54 55 1 31 PPRC941 Paris North 226 227 1 132 232 233 1 50 PPRC942 Paris North No Significant Intersection in assays received to date PPRC943 Paris North 48 50 2 68 172* 173* 1 477 PPRC944 Paris North 36 37 1 33 52 53 1 33 71 73 2 35 Investigator Silver Limited | ABN: 90 115 338 979 | Level 1, Suite 4, 136 Greenhill Rd, Unley SA 5061 Australia | ASX: IVR | www.ivrsilver.com.au Hole ID Prospect From (m) To (m) Length (m) Ag (g/t) 75 77 2 36 PPRC945 Paris North 48 49 1 37 PPRC946 Paris North No Significant Intersection in assays received to date PPRC947 Paris North No Significant Intersection Returned PPRC948 Paris North 10 11 1 31 25 28* 3 79 76 78* 2 36 81 90* 9 110 PPRC949 Paris North 9 11 2 60 PPRC950 Paris North 9 13 4 37 66 67 1 61 PPRC951 Paris North 10 11 1 41 24 25 1 35 28 29 1 34 42 46 4 63 48 50 2 40 88* 90* 2 66 PPRC952 Paris North 54 55 1 35 PPRC953 Paris North No Significant Intersection in assays received to date PPRC954 Paris North 48 50 2 53 PPRC955 Paris North No assays received to date PPRC956 Paris North No Significant Intersection in assays received to date PPRC957 Paris North 111 113 2 4,211 includes 112 113 1 8,120 117* 118 1 81 PPRC958 Paris North 9 17 8 60 19 20 1 37 Investigator Silver Limited | ABN: 90 115 338 979 | Level 1, Suite 4, 136 Greenhill Rd, Unley SA 5061 Australia | ASX: IVR | www.ivrsilver.com.au Hole ID Prospect From (m) To (m) Length (m) Ag (g/t) 58 59 1 51 PPRC959 Paris North 51 52 1 32 54 67 13 40 PPRC960 Paris North No Significant Intersection in assays received to date PPRC961 Paris North 39 40 1 44 43 46 3 70 PPRC962 Paris North No Significant Intersection Returned PPRC963 Paris East 17* 18 1 35 54* 55 1 46 PPRC964 Paris East 59 60* 1 36 PPRC965 Paris East 49* 51* 2 822 includes 50 51* 1 1,545 52* 54 2 86 PPRC966 Paris East 26 27* 1 32 48* 51 3 47 PPRC967 Paris East No Significant Intersection in assays received to date PPRC968 Paris East 35 36* 1 82 37* 39* 2 61 40* 41* 1 35 42* 45* 3 220 78 82* 4 5,448 includes 79 82* 3 7,254 includes 80 81 1 13,302 83* 84* 1 203 90 91 1 76 PPRC969 Paris East 98* 101* 3 157 PPRC970 Paris East 91 94 3 275 Investigator Silver Limited | ABN: 90 115 338 979 | Level 1, Suite 4, 136 Greenhill Rd, Unley SA 5061 Australia | ASX: IVR | www.ivrsilver.com.au Reported intersections are length-weighted. No top cuts have been applied. Intersections use a lower cut-off of 30 g/t Ag and allow up to 1 m internal dilution. All widths are downhole lengths unless otherwise stated. Where assays remain outstanding for portions of the drillhole significant intersections shown are based on assays received to date; where no significant intersection is listed, that statement applies only to assays received to date. Additional significant intersections may be identified following receipt of outstanding assays. * Intersection boundary is open because an outstanding assay lies immediately adjacent to, or beyond no more than 1 m of returned sub-cut-off material. The intersection may extend or join under the stated allowance of up to 1 m internal dilution, and its width and/or grade may chang