Deccan Gold Mines Ltd — Important, 21-12-2025: Company Update

Deccan Gold Mines has commenced pre-commissioning trials at its Altyn Tor Gold Project in Kyrgyzstan, managed by its subsidiary Avelum Partner LLC. These trials are a precursor to full plant commissioning, aiming to process 20,000-30,000 tonnes of ore with a grade slightly over 1.0 g/t Au. Gold recovered will be sold as concentrate or doré bars. This milestone is a significant step towards full-scale gold production, enhancing India's footprint in global gold mining as the first Indian company in Kyrgyzstan. The mining team has also completed its annual volume target.