Member Info for Wheaten

Team Bezant firing on all cylinders for July

1/7/26 - HR superintendent starts Tsoaxaub

3/7/26 – closing date for applications mine surveyor/mine administrator / crushing plant supervisor + operatives. start date 1/9/26

4/7/26 – closing date for applications senior plant metallurgist Tsoaxaub. start date 1/9/26

6/7/26 – CB X starch based road binders (dust control + road durability). WiFi (remote heavy plant equipment monitoring /optimise performance / communication/ watch the football :)

7/7/26 - Satellite image (compared with 24/6) Ceremonial ground breaking tent down, minor changes in camp. Also camp + roads area on edge of hope (possible location equipment) - looks darker in colour ? due to organic binders.

13/7/26 – advertised start date Unitrans earth moving operators

24/7/26 closing date application for Financial Manager Tsoaxaub metals. Start date 1/9/26

Here’s hoping July also brings ...Steinert Ore Sorter to Hope + start of pre-stripping /start clearing overburden.

Photovoltaic Solar Plant Environmental Impact Assessment at Tsoaxaub Metals processing plant

https://www.eia-tracker.org.na/eia/3021

We got some coverage from NBC (Namibian Broadcasting Corporation) - the country's primary (state owned) public broadcaster,

https://nbcnews.na/index.php/node/117549

Unfortunately there was cloud cover obscuring Hope on the last satellite picture but Komatsu added this yesterday- https://www.linkedin.com/posts/komatsusouthafricaptyltd_komatsu-creatingvaluetogether-mining-activity-7477338878312574976-p1Yf

Miners don’t like downtime due to broken machines but the pictures Colin has been posting (👍👍) show new equipment or at least 2nd hand in really good shape. That should equate to improved reliability, efficiency and soon to be productivity.

Komatsu WA500 loader 353 HP bucket capacity 4.5-7.6m3 new £350-460k.

Undoubtedly there will be snags but so far Team Bezant appear to be on schedule - good work 👍

Happy to see the Bezant Team working with the regional council for ceremonial ground break (a bit like the opening ceremony of the World Cup).

The Unitrans players have arrived / still arriving

Komatsu GD750 motor grader 250HP for large scale earth mining and road maintenance (new£100k 2nd hand £22-40K)

Komatsu PC850 80 tonne excavator 496HP Bucket capacity3.4-4.5M3 (new £650K 2nd hand £100-200K)

Komatsu D155 dozer 354HP 9.4m3 blade (new£270-400K 2nd hand £90-200K)

Experienced team, so far, have demonstrated a good game plan - keep er lit

According to the Namibian Sun - The Hope + Gorob Mine Project officially broke ground.

'Lazarus Kanelombe, Chairperson of the Erongo Regional Council said the project is expected to play a key role in strengthening the region's mining sector while supporting long-term economic development.'

https://www.facebook.com/namibiansun/

Another job, this time Tsoaxaub Metals (Permanent) Senior Plant Metallurgist - closing date 4/7/26. Start date 1/9/26. https://jobportunities.net/uploadedfiles/Jobs_2689.pdf

'The Senior Plant Metallurgist is responsible for optimising metallurgical performance across the processing plant to

ensure safe, efficient, and cost-effective production'

New permanent jobs advertised for Hope and Gorob - Mine Surveyor / Mine Surveyor Assistant / Mine Administrator / Crushing Plant Supervisor / Crushing Plant Operatives / Crushing Plant Assistants. Closing date for application 3/7/26. Start Date 1/9/26.

https://jobportunities.net/uploadedfiles/Jobs_2680.pdf

Comparing satellite image from today (Monday 22/6/26) with images from last week (Wednesday 17/6/26) and using Sound mining pictures as a guide (pages 3+4) https://www.bezantresources.com/wp-content/uploads/2025/04/2024-11-13-Sound-Mining-Short-Form-Report-Technical-Report-Hope-and-Gorob-Final.pdf

- Ongoing activity in the camp area WSW of the Hope Deposit

- New bright circular area WSW of the Hope Deposit - I think (?) this is beside the site offices - ??? new equipment delivery

- In the Hope Deposit, phase 1 area of ultimate pit (see sound mining picture), some activity at the shaft site

- In the Hope Deposit, phase 2 area of ultimate pit, way out East North East part of Hope there is a new square area and two dark rectangular areas have appeared.

With the CB picture updates - things seem to be progressing well.

Pricey2019 Re when will Unitrans 'break ground' at the site ? -

- Erongo Regional Council on Facebook (following site visit 7/5/26) mentioned ground breaking for project scheduled June 26 but I thought that might be more ceremonial.

- CB on the Roast (17/5/26) mentioned pre-strip start of July

- The job advert for earth moving operators by Unitrans (if memory serves me correctly) had a start date of the 13/7/26.

Good RNS yesterday and thanks to Pricey2019 + Prickly for sharing the highlights on the Bezant presentation by Colin and Martyn.

This is minor in comparison to the above, nonetheless thought would just update on today's satellite image 12/6/26.

Definite changes in the camp area and WSW edge of the Hope deposit indicating continued site development. What we're hearing is matching up with what's being seen.

Glad to be part of this and HOPE everyone else does really well here - brilliant wee company - keep er lit team bezant.

As it stands - a new Cu/Au/Ag mine coming online, on time and on budget - well done CB and Team Bezant

On comparing satellite images 4/6/26 to yesterday's 7/6/26 there appears to be new /increased activity on the WSW edge of the Hope Deposit

? preparation/location for key mine equipment.

-beginning of June Steinert Ore sorter to be delivered (CB Roast 31/5/26) + mid-end of June Screen to be delivered (CB Roast 17/5/26)

Mass x Velocity = Momentum (Sir Isaac Newton) - I think we're seeing momentum - (moving flat out to get into production as soon as practically possible at Hope and Gorob - CB on X)

KEEP ER LIT

Shout out to Cyberiachas - whatever you said 26/5/26 well done + thank you Mr Bird for follow-up with the X updates/pictures.

On comparing satellite images 2/6/26 + yesterday 4/6/26 ... just up the road from camp + site offices, there is a new structure + new grounds works on the edge of the Hope deposit (WSW edge)......all nice viewing this....watching a new mine being constructed.

Nice road for equipment + personnel to mine + soon to be ore to plant.... just like THE BOSS said 'Working on the highway, laying down the (gravel top) Working on the highway, all day long I don't stop Working on the highway, blasting through the bedrock Working on the highway, working on the highway'

1/6/26 - Camp setup WSW of Hope (EOS satellite 28.5.26 + Bezant Website)

?/6/26 – Steinert ore sorter delivered beginning June (CB Roast 31/5/26)

14-30/6/26 - Screen delivery (CB Roast 17/5/26)

?/6/26 - Groundbreaking for project (Erongo Regional Council following site visit 7/5/26)

?/6/26 – Mill liners installation at Tsoaxaub Metals (formerly NZLM) late June (Bezant website)

1/7/26 – start date for HR superintendent Tsoaxaub Metals https://jobportunities.net/uploadedfiles/Jobs_2560.pdf

13/7/26 - start date for earth moving operators (Unitrans)

?/7/26 - pre strip start of July (CB Roast 17/5/26)

13/8/26 EPL Licence 7170 expires

28/8/26 EPL Licence 6605 expires

Aug/Sept/26 - concentrate produce (CB Roast 17/5/26)

Some nice pictures showing the recent work at Hope and plant have been added to the website

https://www.bezantresources.com/operations/hope-and-gorob-development/

Also update on Roast today for BZT at 36mins from CB - things seem to be progressing well and to plan - well done team Bezant !

EOS satellite image from today (28/5/26) - 5 NEW dark coloured areas positioned around the site works previously seen Wests South West of the Hope Deposit . There were 7 containers on the flatbeds in CB's tweet but got to bear in mind resolution is limited on the satellite images and perhaps some modules sitting side by side.

Putting 2+2 together - Cowboys have delivered the first part of the modular camp. Keep up the good work Team Bezant !

Try these coordinates in google

23°34'13.5"S 15°15'04.0"E

This should bring you to Hope on goggle maps ( an old satellite image) - but will help show the lay of the land.

Hi Howezap

I genuinely looked into uploading satellite pictures /short comparison slider video but I don’t think / not sure it’s allowed under EOS Terms of Use.

That being said EOS Data Analytics website is allowed for personal use, it's fairly straight forward and it is free.

If anyone wants to try it out:-

Go the main webpage

https://eos.com

Under ‘Our Core Platforms’ Go to ‘Land View Try now’

The map page then opens and simply navigate down to Namibia

Look for Walvis bay on the coast and zoom in

As you zoom in you’ll see the Kuiseb River appear in the southern part of Walvis Bay

Simply follow the Kuiseb River inland in a south east direction

You'll see a number of tributaries.

At the top of 2nd small tributary is where the Hope deposit is

You get 15 free images a month and the slide comparison tool is quite good as it makes spotting any new changes easier. The resolution is limited but it is free.