Perseus Mining Limited provided an update on exploration activities and studies completed to date at its Meyas Sands Gold Project (MSGP) in Sudan. Since acquiring the MSGP in May 2022, Perseus has focussed on the development of the Galat Sufur South (GSS) deposit, and when possible, has conducted infill resource definition drilling, sterilisation trenching and drilling, a passive seismic survey, hydrogeological, metallurgical, and geotechnical work in preparation for the inclusion of data in a Front-End Engineering and Design (FEED) Study and a Final Investment Decision (FID) for the project. With the outbreak of hostilities in Sudan in April 2023, exploration activities on the MSGP site were temporarily suspended but recently, Perseus?s personnel have re-established facilities to support on-site exploration activities and in-house security teams at the MSGP camp.

With this restoration work well advanced, Perseus announced that drilling at the MSGP recommenced on 20 May 2024. This initial drill program is aimed at testing high priority exploration targets in the vicinity of the GSS deposit to follow up the drilling results that have been received to date. These results have confirmed the grade and tenor of the GSS deposit, and while incomplete, are considered very encouraging.