Ann: MRG HMS - Poiombo Auger Assay Results, page-2

MRG Chairman, Mr Andrew Van Der Zwan, said “The substantive assay results at Poiombo combined with initial aircore drilling results confirm the potential for a very large high grade resource from surface and in some areas continuing to depth. We are on the verge of another discovery, evidenced by the very high grades intersected in strandline zones at surface and near surface. This is exactly what we are are looking for with our targeted programs, which we believe will provide multiple infill aircore programs for later in the year. The program to date at Poiombo looks to have identified the potential for significant tonnage at very significant grades.Mozambique continues to operate in a COVID-19 Pandemic restricted environment.However, we have been able to maintain in country operations and will continue to do so safely until instructed otherwise.”