Multiple Projects Awaiting News2 Jun 2026 19:18
Ippolito is a shrewd guy - has come across multiple times on record about not wanting to be a company that buys up lots of assets and does nothing with them. We are in a vacuum period where there is lots of outstanding actions and are currently treading water, not helped by IG situation. When 1 work stream start's it will be followed by many. Market needs clarity - listed just some of the many plates Ippolito is juggling.
Lots of activity in the pipe line just taking forever to kick start -
1.Eureka sale
2. Eureka assays taking forever
3. Reveille IPO.
4. Paguanta sale taking forever.
5. Pereira Velho Gold Project - what's happening on this? - appointed Mr Pereira. This phase will focus on preparing the project for drilling, including the re-establishment of local operations, review of existing data, permitting and planning activities in full cooperation with the local authorities, and engagement with local stakeholders and service providers.
Subject to completion of the Proposed Acquisition, this phase is expected to commence on or about 2 February 2026.
6. Euronext Growth Listing
7. Macacha EIA approval - submitted 14 April - 60-90 days approval
8. Drilling Macacha
9. Tungsten and Antimony Project in Sardinia, Italy - Upon issuance of the "Autorizzazione di Indagine", the Company intends to initiate a programme of preliminary exploration and evaluation, including geological mapping, surface sampling and the assessment of the Su Suergiu tailings to quantify their scale, grade and economic potential.
10. Rachaite - 22 December - what's happening with this ?· The Proposed Acquisition is subject to a 90-day technical, legal, commercial and environmental due-diligence period and exclusivity.
· During this period, Puna may withdraw at its sole discretion without any payment obligation.
· Upon satisfactory completion of due diligence, a definitive exploration and option agreement will be executed between Puna and the Vendor.
11. Uranium projects - what are the plans and timescales?
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