231011002250 - PROPOSED EXPLORATION ACTIVITIES ON EPL 7170, LOCATED 140 KM EAST OF WALVIS BAY, ERONGO REGION

Hope Namibia Mineral Exploration (Pty) Ltd, hereinafter referred to as the proponent, has acquired mineral rights under the Exclusive Prospective Licence (EPL) 7170 since 23 October 2020, with the expiry date of 22 October 2023. The EPL is located about 140 km east of Walvis Bay, Erongo region, and covers approximately 13,996.2557 hectares within the Namib Naukluft National Par and is sandwiched by EPL 6605 also owned by Hope Namibia Mineral Exploration (Pty) Ltd and EPL 5796 and ML 246 owned by another Bezant Subsidiary Hope and Gorob Mining (Pty) Ltd. The Proponent has interests in prospecting, exploration, mapping, mining, surveying, and exploration drilling, and has identified an opportunity and/or intends to commence with slightly intrusive exploration activities along the Matchless Amphibolite Belt and more specifically the Kuiseb Formation