Prieska Copper Zinc Mine

Combined underground copper-zinc complex comprising the near-surface +105 Level (Uppers) and the Deep Sulphide (Deeps) deposits. Located approximately 290 km south-west of Kimberley in the Northern Cape Province, accessed via established roads with a 15MVA grid power connection from Eskom. Property encompasses the historical Prieska Copper Mine which operated from 1971 to 1991. Hosts a globally significant VMS deposit. March 2025 DFS outlines a phased development strategy starting with the Uppers followed by the Deeps, feeding a 2.4 Mtpa conventional froth-flotation plant. LOM of 13.2 years with first concentrate targeted for December 2026. Flagship South African base metals asset.