Multiple high-grade zones discovered at Deblin

• Multiple high-grade copper intercepts discovered at Deblin
• Dominant minerals include chalcopyrite and bornite
• Plans to increase drilling rigs at Deblin
• Initial Mineral Resource Estimates for Deblin on track for Q1 CY2027

Midas Minerals Ltd has reported further assay results from drilling at the Deblin deposit in Namibia, revealing multiple high-grade copper zones. Significant intercepts include 7.0m at 4.89% Cu, 6.2m at 3.47% Cu, and 9.8m at 1.92% Cu. The company plans to increase the number of drilling rigs at Deblin due to the growing resource target area. Initial Mineral Resource Estimates for Deblin and Spaatzu deposits are expected in Q1 CY2027. Metallurgical test work is set to commence shortly.

Midas Minerals is optimistic about the potential for further high-grade mineralisation at Deblin, with plans to accelerate drilling and deliver initial mineral resource estimates.