Progress of Projects Including the Bainazar Copper Mine Project in Kazakhstan

Surface trenching at Sarytogan Graphite's Baynazar project in Kazakhstan revealed copper mineralization.

The Ilkin target area encountered 140 meters of ore with a copper grade of 0.09%, including an 8-meter section with a copper grade of 0.2%.

This target area was delineated through soil sample analysis and electromagnetic surveys and is now ready for drilling.

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Hammer Metals' project in Queensland encountered broader mineralization over a 600-meter strike length.

In the Tourist Zone, drilling intersected 35 meters of ore at 35 meters depth, with a copper grade of 0.55% and gold of 0.1 g/mt, including a 5-meter section with a copper grade of 1.3% and gold grade of 0.55 g/mt.

At 133 meters depth, 26 meters of ore was intersected with a copper grade of 0.5% and gold grade of 0.12 g/mt.

These data suggest the potential for discovering higher-grade ore zones.

At the Mascotte ore zone, drilling also extended the orebody downwards. The intersections are as follows:

At 111 meters depth, 6 meters of ore was intersected with a copper grade of 1.25% and gold of 0.23 g/mt, including a 2-meter section of high-grade ore with a copper grade of 2.8% and gold grade of 0.39 g/mt.

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West African exploration company Aurum reported positive drilling results at its Boundiali gold mine in the Republic of Côte d'Ivoire.

Drilling intersected 66 meters of ore at 33 meters depth, with a gold grade of 1.07 g/mt.

The current resource at Boundiali stands at 1.59 million ounces.