Nyanzaga Gold Project Construction Update - January 2026

Construction momentum continues to build at our Nyanzaga Gold Project in Tanzania, and we're pleased to share our first 2026 video update from the project below. As of mid-January 2026: ✅ The project is closing in on four million workhours, with 358 days LTI free. ✅ The first concrete lift on Ball and Sag Mill is now complete. ✅ CIL tank installation is progressing to plan with four tanks progressing to top strake jacking and three tanks ongoing with floor plates. ✅ The permanent camp is progressing well and on-track for mid-2026 completion. ✅ Initial mining preparation has commenced on our ramp to the top of Tusker Hill deposit. ✅ Our resettlement housing program is finishing the final houses, and work has commenced on community infrastructure in schools, a clinic and church. ✅ We continue to champion Safety First at the project – Usalama Kwanza! We look forward to providing further updates on Nyanzaga this year as we advance towards first gold, targeted for Q1 2027.