Exploitation Permit, PE 15182 is a cornerstone of our gold mining operations, located in Mwenga Territory, South Kivu Province. The permit covers an area of 72 squares and is exclusively dedicated to gold exploitation.
Administrative and Historical Background: This permit was converted from a Research Permit (PR) into an Exploitation Permit through Ministerial Decree No.
00239/CAB.MIN/MINES/01/2025 of May 2, 2025. The original Research Permit 15182, granted on February 22, 2022 and valid until February 21, 2027, had been issued pursuant to Ministerial Decree No. 00396/CAB.MIN/MINES/01/2021 of November 1, 2021. This conversion into an Exploitation Permit marks the successful completion of the exploration phase and the transition to the commercial development of this promising gold deposit.