Deccan Gold Mines Secures 1,000 sq km of Mineral-Rich Tenements in Mozambique, Expanding Critical Minerals Portfolio

Deccan Gold Mines Ltd has secured exploration rights over approximately 1,000 square kilometers of tenements in Mozambique. These tenements are prospective for copper, gold, and other base metals. This strategic expansion significantly enhances the Company’s critical minerals portfolio. The Tete Complex in Mozambique, where the tenements are located, shares similarities with other Precambrian basement complexes and has potential for PGE reef-type deposits. Deccan Gold, through its step-down subsidiary Deccan Mineracao Mozambique LDA, has acquired the rights for exploration of copper, gold, and other base metals over a semi-contiguous tenement package totalling nearly 1000km². Copper mineralisation has been established in parts of this tenement package with small- and artisanal miners scavenging for copper oxide minerals.