REG - URU Metals Limited - Mining Right Granted and Executed for Zeb Nickel

URU MetalsAnnouncement

04/11/2025 07:00

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RNS Number : 0111G  URU Metals Limited  04 November 2025

4 November 2025

URU Metals Limited

("URU" or the "Company")

 

Mining Right Granted and Executed for Zeb Nickel

URU Metals Limited is pleased to announce that the South African Department of
Mineral and Petroleum Resources ("DMPR") has granted and executed Mining Right
LP30/5/1/2/2/10174MR in favour of Lesego Platinum Uitloop (Pty) Ltd ("LPU"),
the project company for the Zeb Nickel Project, located on the Northern Limb
of the Bushveld Complex, South Africa.

The Mining Right has a 30-year term to 2055, and covers an area of 4,703.70 ha
across certain portions of the Bloemhof 4KS, Uitloop 3KS, Amatava 41KS, and
Piet Potgietersrust Town & Townlands 44KS farms, in the Mogalakwena Local
Municipality, Limpopo Province, South Africa.

Post-execution formalities are underway, and the Mining Right is in the
process of being submitted for registration at the Mineral and Petroleum
Titles Registration Office, in Pretoria. URU will update the market once
registration is confirmed.

Operations

As announced on 16 October 2025, ground gravity and frequency-domain
electromagnetic (EM) surveys are scheduled to commence shortly, over two
priority targets at the Zeb Nickel Project. The objective of these surveys is
to refine the geometry of the identified conductors and generate
decision-ready drill targets. The Company will provide a further update to the
market on modelling outputs, drill parameters and timing following receipt of
the contractor's report.

John Zorbas, Chief Executive Officer, commented: "The granting and execution
of the Mining Right materially de-risks Zeb Nickel by securing the right for
30 years and positions the project to engage quality partners as we advance.
Our immediate priority is to complete the ground EM and gravity survey and
associated modelling and present a clear, efficient drill plan focused on the
highest ranked targets; registration formalities are in progress."

About the Company

URU Metals is a mineral exploration and development company focused on
advancing its high-potential critical metals projects in South Africa. The
Company is committed to creating sustainable value through responsible mining
practices, regulatory compliance, and engagement with stakeholders. For more
information, visit www.urumetals.com (http://www.urumetals.com) .

Market Abuse Regulation (MAR) Disclosure

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of
MAR.

 

For further information, please contact:

URU Metals Limited

John Zorbas

(Chief Executive Officer)

+1 416 504 3978

SP Angel Corporate Finance LLP

(Nominated Adviser and Broker)

Ewan Leggat / Jen Clarke     + 44 (0) 203 470 0470

 

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