Nyanzaga Gold Project Technical Report

16 hours ago 1

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Perth, June 10, 2025 (GLOBE NEWSWIRE) — PERSEUS RELEASES TECHNICAL REPORT FOR THE NYANZAGA GOLD PROJECT

Financial Post

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Perth, Western Australia/June 10, 2025/ Perseus Mining Limited (ASX/TSX: PRU) is pleased to announce the release of the Technical Report for its Nyanzaga Gold Project (NGP) in Tanzania.

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The Technical Report, with an effective date of April 28, 2025, was prepared in compliance with Canadian Securities Administrators’ National Instrument 43-101 and is available on www.perseusmining.com and www.sedarplus.ca.

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The Report summarises the results of the updated Feasibility Study to demonstrate the technical and economic viability of the NGP and supports a decision to advance to development.

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By signing up you consent to receive the above newsletter from Postmedia Network Inc.

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Please refer to News Release dated April 28, 2025 “Perseus Mining proceeds with development of the Nyanzaga Gold Project” for a summary of the material information contained in the Nyanzaga Technical Report.

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This announcement was approved for release by the Managing Director & CEO, Jeff Quartermaine.

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ASX/TSX CODE: PRU

CAPITAL STRUCTURE:

Ordinary shares: 1,362,221,512

Performance rights: 10,056,681

REGISTERED OFFICE:

Level 2

437 Roberts Road

Subiaco WA 6008

Telephone: +61 8 6144 1700

www.perseusmining.com

DIRECTORS:

Rick Menell

Non-Executive Chairman

Jeff Quartermaine

Managing Director & CEO

Amber Banfield

Non-Executive Director

Elissa Cornelius

Non-Executive Director

Dan Lougher

Non-Executive Director

John McGloin

Non-Executive Director

CONTACTS:

Jeff Quartermaine

Managing Director & CEO

[email protected]

Stephen Forman

Investor Relations

+61 484 036 681

[email protected]

Nathan Ryan

Media Relations

+61 420 582 887

[email protected]

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