Perseus Mining Limited has delivered encouraging drilling results from its current drill program at the Nyanzaga Gold Project in Tanzania. The ongoing resource definition drilling is aimed at advancing the proposed open pit mining scenario at NGP as detailed in the Feasibility Study update released in April 2025. Significant drill hole data from the recent drilling includes impressive gold grades at both the Tusker and Kilimani deposits. The drilling program, totaling 35,623 m, is designed to evaluate potential extensions to mineralization and improve drill spacing across the deposits. Further drilling programs are planned to be completed by December 2025.

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