Deccan Gold Mines Ltd — Important, 24-03-2026: Company Update

Deccan Gold has commenced diamond drilling on its Bhalukona Ni-Cu-PGE project in Chhattisgarh to test subsurface geology and mineralisation in promising areas. Separately, its Dubai subsidiary has funded and begun diamond drilling at the Logrosan Tungsten Project in Spain. This drilling aims to identify tungsten zones for a maiden mineral resource declaration. These activities are a significant step in exploring critical minerals, aligning with India's strategic priorities for self-reliance and energy transition. The company anticipates sharing the outcomes of both programs with shareholders over the coming weeks, aiming to create value through resource development.