PROJECT 3 — MOZAMBIQUE

Located in Mozambique’s mineral-rich Manica Province, this dual-method operation exploits both near-surface oxide ore and
deeper sulphide mineralization (underground). First gold pour achieved Q2 2022.

Project Highlights

• Ore Reserve: 1.8M tonnes at 2.4 g/t Au (Indicated)

• Production: ~18,000 oz Au per annum (current)

• Expansion to underground: Feasibility study completed

• Environmental licence: Approved by MITADER 2021

• Community development fund: USD 120,000 disbursed to date