MINING FOR THE METALS FOR THE FUTURE Kinusi Copper Mining Project, Tanzania ▪ High grade and shallow copper mineralisation – azurite, malachite and borite with assays of up to 20% and visual copper grade estimations of +30% copper ▪ Independent verification of an Exploration Target of 10-15Mt ▪ Fully funded into production with additional funding available to expand resources ▪ Revised and high-value development strategy announced in H2 2024 Larisoro Manganese Mine Project, Kenya ▪ Commercial agreement secured a 60% interest in the Larisoro Manganese Mine ▪ Upgrade and refurbishment work to existing processing plant ▪ Investment in a new and expanded processing plant and major exploration program to increase resources and improve mine planning ▪ First production and sales commenced in H2 2024 Kilifi Manganese Processing Plant, Kenya ▪ The Company acquired an 80% interest in the Kilifi Plant ▪ located approximately 60 km from the Port of Mombasa in the Tezo Area, Kilifi County in Kenya ▪ the Company is targeting run of mine ore feed to the Kilifi Plant of +20% manganese, that has been historically mined in the region, and which will be upgraded to +30% manganese after processing through the Kilifi Plant 14
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