I am proud that Akobo Minerals is living up to its conviction to place the interests of the local community at its heart and to do things right

We have consistently delivered on all the important milestones of recent years, but this is the most important so far. With this agreement, I am confident that we will be produce gold from the Segele mine for many years to come, and that with a solid cash flow

We are pleased to have been recognized and appointed as the partners for Akobo Minerals. The relationship with Akobo Minerals to date has been professional and cooperative, and we are confident the management of Akobo will deliver for their shareholders. We look forward to a mutually beneficial project.

We are thrilled about the latest resource estimate update, and look very much forward to start the production.

This is a major next step in the development of our mining operation towards pouring of first gold by the end of the year.

We are proud to have met all of our scheduled strategic milestones since the company went public on the Euronext Growth Oslo in June 2021, the latest of which was the laying of the foundation stone for our mine in early March 2022.

We have created relationships, but also partnerships. We believe in a local and national presence.

These latest results represent a remarkable success for us

Advanced structural techniques hits gold mineralization depths never before seen in Southwestern Ethiopia.

All preparations for safe and sound mining operations are underway and we are all very eager to move the project forward.

The metallurgical test work looked very good with a gold recovery grade expected to be around 97.2%

The engineering design within our scoping study showed that the Segele mine should be a high margins operation with an all-in production cost of $243 per ounce.

Our maiden resource estimate done by SRK Consulting indicates 52 000 oz at 20.9 g/t on average, which is fairly astonishing.

The airstrip is a significant part of our ESG program as it will mean access for the local community to important services that the region has never seen before.