We are pleased to present the following update on the captioned subject. Deccan Gold Mines Ltd (the “Company” or “Deccan Gold”) remains the first and only strategic and critical mineral resource company listed on the Bombay Stock Exchange Limited (BSE).

Deccan Gold is privileged to be one of the very first companies to be granted a nickel licence in India. The execution of the Bhalukona nickel licence is an exciting and significant step in Deccan Gold’s mission to make Atmanirbhar Bharat a reality, and secure supply of strategic and critical minerals for India and our ~40,000 Indian Shareholders.

1. Bhalukona-Jamnidih Ni, Cr and PGE Composite Licence Deccan Gold received a work permit on April 9, 2025, which paved the way to begin exploration activities. We are pleased to inform Shareholders that the following activities are commencing.

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