Update on Tanzanian Projects

Update on Tanzanian Projects

We are pleased to intimate that 3 of the Prospecting Licences (PLs) have been granted by the mining
authorities in Tanzania in favour of our subsidiary viz., Deccan Gold (Tanzania) Private Limited (DG
Tanzania). DG Tanzania has received official intimation from the Commissioner of Minerals and
Mines, Ministry of Minerals and Mining Commission, Tanzania in this regard yesterday.

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