REG - Resolute Mining Ltd - Guinea Exploration Permits Update

Resolute MiningAnnouncement

29/05/2025 07:00

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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                                               Public Relations

 Matthias O'Toole Howes,                                Jos Simson, Emily Moss Tavistock

 Corporate Development and Investor Relations Manager   resolute@tavistock.co.uk

 motoolehowes@resolutemining.com                        +44 207 920 3150

 +44 203 3017 620                                       +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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