Deccan Gold Mines Ltd — Updates, 04-08-2025: Company Update

Deccan Gold has announced a significant potential Nickel-Copper-PGE discovery at its Bhalukona Nickel Project in Chhattisgarh. Initial rock chip and soil sampling revealed an approximately 700m long mineralised zone, with geological features similar to major global nickel deposits. Geophysical surveys indicate multiple sulphide zones, some extending 300m deep. This marks India's first such Ni-Cu-PGE sulphide find, crucial for the nation's critical mineral self-reliance and clean energy goals. The company plans to commence drilling the primary target area soon, further exploring this promising find.