Deccan Gold Mines Ltd — Important, 19-05-2026: Company Update

The company released an Investor Presentation detailing significant operational and financial updates. It successfully raised INR 315 Cr, clearing all outstanding debts. Its associate's Jonnagiri Gold Project in India is now revenue-generating and profitable, forecasting INR 900 Cr revenue and INR 120 Cr attributable PAT for FY27. The Altyn Tor Gold Project in Kyrgyzstan is commissioning production, targeting full-scale operations by August 2026, with FY27 revenue estimated at INR 300 Cr and INR 60 Cr attributable PAT. Exploration at Bhalukona, India, revealed significant Nickel-Copper-PGE mineralization, with drilling confirming its presence over a 1.3km strike. The company is seeking INR 100 Cr in additional funding and aims to become a mid-tier gold and critical minerals producer by 2030.