RNS Number : 5735K
Resolute Mining Limited
29 May 2025
29 May 2025
Guinea Exploration Permits Update
Resolute Mining Limited ("Resolute" or "the Company") (ASX/LSE: RSG) has been made aware of media reports relating to the possibility of a large number of exploration permits being revoked in Guinea. Details of these were mentioned earlier this week during a local Guinean television report, including those permits held by Resolute. The Company, however, has not received any formal confirmation or communication from the Government of Guinea on the matter. The Company is seeking further information and clarification from the Government.
Resolute has three exploration permits in Guinea (Niagassola, Doko and Siguiri-Kouroussa) with an Initial Inferred Mineral Resource Estimate of the Mansala Prospect of 8.4 Mt grading 1.3 g/t Au for 357 koz of contained gold which was announced in 2024 following a two-year drilling programme.
As announced on 1 May 2025 as part of the Doropo acquisition, Resolute has agreed to transfer these exploration permits to AngloGold Ashanti (which is subject to government approval).
Resolute will provide further updates in due course.
Contact
Resolute Matthias O'Toole Howes, Corporate Development and Investor Relations Manager motoolehowes@resolutemining.com +44 203 3017 620
Public Relations Jos Simson, Emily Moss Tavistock resolute@tavistock.co.uk +44 207 920 3150 +44 778 855 4035 Corporate Brokers Jennifer Lee, Berenberg +44 20 3753 3040 Tom Rider, BMO Capital Markets +44 20 7236 1010
Authorised by Mr Chris Eger, Managing Director and Chief Executive Officer
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