China Nonferrous Gold Limited announced Production Results for Twelve Months Ended 31 December 2022. During the year ended 31 December 2022, a total of 688,232 tons of ore was extracted from the Pakrut gold mine (2021: 625,078 tons), and a total of 662,421 tons of ore were processed at a grade of 2.19 g/t (2021: 650,995 tons of ore processed at a grade of 2.29 g/t), 19,327 tons of gold concentrate were produced at a grade of 68.50 g/t (2021: 19,918 tons of gold concentrate produced at a grade of 69.22 g/t), 1,200 kg gold bullion were poured with a comprehensive recovery rate of 91.63% (2021: 1,249 kg gold bullion with a recovery rate of 91.61%). In addition, a total of 86 drill holes were completed, approximately 6,259m, with the associated assays expected back from the laboratory in due course.

A further announcement will be made at that time.