Deccan Gold subsidiary executes gold refining agreement

Deccan Gold Mines Limited's subsidiary, Avelum Partner LLC in the Kyrgyz Republic, has entered into an agreement with OJSC Kyrgyzaltyn, the state-owned gold refining enterprise. This agreement is for the refining and sale of gold-bearing doré produced from the Altyn Tor Gold Project. Avelum Partner LLC has dispatched its first consignment of a 1.2 kg doré bar to OJSC Kyrgyzaltyn to establish and validate operational, refining, and settlement procedures. This marks a significant step towards the commercialization of the Altyn Tor Gold Project and advances the company's operations in the Kyrgyz Republic.