DECCAN GOLD : PRELIMINARY MODELLING SHOWS OVER 4MT POTENTIALLY ECONOMIC ORE AT BHALUKONA

• Preliminary modelling of exploration drilling data suggests Bhalukona Ni-Cu-PGE deposit holds over 4Mt of potentially economic ore grading around 0.24% Ni-equivalent • Weighted Ni, Cu, Pt and Pd grades sum to more than 10,000t of nickel-equivalent metal • Estimate covers only near-surface mineralisation, barely 25% (300-350m) of the 1.3km mineralised corridor identified at Bhalukona • 15 hole, 2773m diamond core drilling since March 2026 confirmed a layered mafic-ultramafic intrusion hosting Ni-Cu-PGE sulphide mineralisation • Company cautions figures are preliminary exploration-stage interpretations, not a defined mineral resource or reserve

Deccan Gold Mines Ltd

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