SHP good ann out - MOU EXECUTED FOR EXISTING SHAFT AND INFRASTRUCTURE UTILISATION Key benefits to the collaboration include: 1. Majority of land to be utilised is already designated industrial land, for streamlined permitting pathway; 2. Access to power, water and gas, for reduced utility capital; 3. Proximity to surface infrastructure such as rail and road, for ease of access and logistical optimisation; 4. Improved access to the underground orebody, significantly reduces potential development capital cost; 5. Meets ventilation requirements for underground operations, further improving shaft capital outlay; 6. Provides potential underground access to additional orebodies on existing South Harz permits for enhanced project scalability.
