Sovereign Metals: Mining Method and Fleet Design Finalised for DFS

· Mining fleet design finalised as part of ongoing Definitive Feasibility Study work at Kasiya

· Fleet specifically engineered for large-scale dry mining operations following the results of the successful pilot phase mining trials

· No drilling, blasting, crushing or milling required at Kasiya resulting in low capital outlays and operating costs

· Equipment selection and supplier identification completed for all operational requirements across the proposed initial 25-year mine life

· Phased fleet deployment strategy from 36 units in Year 1 to peak operational fleet of 81 units

· Leading global suppliers identified, including CAT, Komatsu, Liebherr, Hitachi and others