REG - Bezant Resources PLC - Appointment of mining and logistics contractor

Bezant ResourcesAnnouncement

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RNS Number : 2426W  Bezant Resources PLC  11 March 2026

 

11 March 2026

Bezant Resources Plc

("Bezant" or the "Company")

Appointment of mining and logistics contractor

 

Bezant (AIM: BZT), the copper-gold exploration and resource development
company, is pleased to announce the signing of an exclusive Mining and
Logistics Services Agreement (the "Agreement") between the Company's Namibian
subsidiary, Hope and Gorob Mining Pty Ltd ("H&G") and Unitrans Namibia Pty
Ltd ("Unitrans").

 

Services to be provided will include drilling, blasting and secondary breaking
of ore and waste, loading and hauling, road maintenance, short-term mine
planning for the Hope and Gorob mine site and material handling at the NLZM
processing plant.  This includes the hauling of the Hope and Gorob
copper-gold pre-concentrate approximately by 50 tonne trucks to the NLZM
processing plant for final concentration and production of a concentrate for
sale. These services will form a substantial part of the Hope and Gorob
project operating costs.

 

The Agreement is for an initial period of 5 years with an option to extend the
Agreement for further periods of 3 to 5 years.

 

H&G has been working closely with Unitrans for a number of months
establishing the scope of the Hope and Gorob mining project and the detailed
terms of the exclusive appointment.

 

Unitrans has also been introduced to H&G's external mining engineering
consultant responsible for development of the mine plan and schedule and all
parties are working towards a commencement of mining and commercial operations
during H2 2026.

 

Colin Bird, Executive Chairman of Bezant, commented "We are delighted to be
working with Unitrans Namibia and extending our involvement with Namibian
contractors and suppliers as we move towards project completion and
commissioning. A considerable amount of work remains to be completed but we
remain on schedule to commence commercial operations during H2 2026".

 

Edwin Hewitt, Chief Executive Officer of Unitrans, added: "We are pleased to
be appointed by Bezant, and its Namibian subsidiary Hope and Gorob, as their
mining and logistics partner. Unitrans brings established mining and logistics
capability across Southern Africa, providing integrated on‑ and off‑mine
solutions that support projects from development through to commercial
operations. This partnership reflects a shared focus on the safe and efficient
execution to deliver a sustainable mining operation in Namibia."

 

For further information:

 Bezant Resources Plc

 Colin Bird Executive Chairman                   +44 (0) 20 3416 3695

 Beaumont Cornish Limited (Nominated Adviser)

Roland Cornish / Asia Szusciak

                                               +44 (0) 20 7628 3396

 AlbR Capital Limited (Joint Broker)

 Jon Belliss                                     +44 (0) 20 7399 9425

 Shard Capital Partners LLP (Joint Broker)

 Damon Heath                                     +44 (0) 20 7186 9952

 

or visit http://www.bezantresources.com (http://www.bezantresources.com)

 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.

 

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