Deccan Gold Mines Ltd — Important, 05-08-2026: Company Update

Deccan Gold Mines has achieved a significant milestone, producing its first gold doré at the Altyn Tor Project in Kyrgyzstan. This marks the company's transition from an explorer to a gold producer. The successful processing of gravity concentrate through an Intensive Leach System confirmed metallurgical leachability and high recovery rates from laboratory tests into the production environment. This operational validation is crucial as the company advances towards full-scale commercialization of the Altyn Tor mine, where Deccan Gold holds a 60% stake, thereby de-risking the project's processing flowsheet and boosting confidence in its commercial potential.