As part of the fourth renewal of the reserves report, we conducted additional core exploration drilling, which not only confirmed existing geological assumptions but also significantly expanded the exploitation quantities of mineral raw material.

The results clearly show strong growth in the resource base:

Such growth in reserves represents a key factor in the valorisation of the concession. Larger, proven and geologically confirmed reserves significantly reduce investment risk, increase cash flow predictability and enable long-term operational stability. This makes the concession considerably more attractive for investments, financing and potential partnerships.

At the same time, the increase in reserves is directly reflected in the growth of the company's value. The nearly doubled resource base extends the deposit's exploitation lifespan, opens space for production expansion and cost optimisation through economies of scale. A longer exploitation horizon means more stable and longer-lasting revenues, which is one of the key parameters in evaluating mining projects.

This development phase clearly positions the project as long-term sustainable, scalable and investment-attractive, with a solid resource base and significant further growth potential.

At the bottom of the page, the official resolution confirming the reserves, issued on 18 February 2026, is available for download.