Emiral Resources

Emiral Resources Group – UAE based Africa focused private company specialized in mineral resources. Emiral is exploration, development, mining, trading and investment company.

Strategic investment in Asante Gold in Ghana:

• Emiral strategic investment in Asante Gold reshaped a junior exploration company into a prominent West African gold producer, from $36 million to $1+ billion market cap
• Asante Gold consolidated two key gold assets, Bibani and Chirano unifying the prospective land packages of gold mining regions in Ghana.
• Emiral strategic investments amounted to $45 million, a catalyst for Asante Gold’s rapid ascent.

Gold production in Sudan:

• High-grade Gold deposit unearthed from scratch during comprehensive geological exploration, yielding up to 100K Oz of gold annually.
• Pilot gold extraction facility operational in less than 2 years from obtaining exploration license, showcasing a record development time frame.
• Multiple phases of scaling up mining and processing capacities underscores our ability to adapt and grow sustainably in response to market dynamics and project demands.
• Operational Milestone: Over a decade of successful operations in a challenging jurisdiction

Gold discovery in Mauritania:

• Commencing with a comprehensive geological exploration during Covid-19 outbreak, we pioneered the identification of a new gold discovery.
• To date, investment to the project in Mauritania has surpassed $60 million.
• PFS successfully completed in August 2025 with the assistance of international analytical and engineering consultancies: Lycopodium, ALS, KCAA, AMC, CMC, and AGE.
• The PFS focused on the main target with potential extending to adjacent areas.
• The results are based on 68 km of RC drilling (40 × 40 m pattern), 3.8 km of diamond drilling (geometallurgical and geomechanical), more than 6 tonnes of geometallurgical samples and 24 km of hydrogeological drilling.
• Mineral Resource Estimate: I+Inf [email protected]/t (1/4 Moz), signed by AMC Consultants.
• Internal reserve estimate: [email protected] g/t (1.1 Moz) based on Indicated and Inferred resources.
• Near-FS-level design for a 4.0 Mtpa CIL plant (92% recovery) and associated infrastructure.
• PFS reveals the vast potential of the license blocks. The study indicates gold potential, providing a robust foundation for the project’s future prospects.

Management Profile

Our success begins with a foundation of dependable geological expertise. With a history of successful projects, our team brings a wealth of knowledge and experience to the table. The thorough geological analysis ensures a solid understanding of project potentials.

We believe in the transformative power of investments. By strategically injecting capital, we unlock additional value in our target projects, propelling them to the new stages of development.

Mitigating risks is at the core of our strategy. We meticulously assess and address country-specific, mineral type and project-level risks. By creating a diversified investment portfolio, we spread risk exposure, ensuring a resilient and balanced approach to investment.

What is your rationale for taking part in 121 Mining Investment?

Emiral is looking for the financing to move its Mauritania gold project to the next stage of development in a shortcut.

What recent news would you like to highlight to investors attending?

High level PFS has been successfully completed in August 2025 with the assistance of international analytical and engineering consultancies: Lycopodium, ALS, KCAA, AMC, CMC, and AGE.

FEED preparation by Lycopodium is expected to begin in the end of 2025 with a completion target in 1H 2026.

What are your key goals for the next 3, 6 and 12 months?

3 Months

Metallurgical tests results, upgrading MRE category

6 Months

FEED

12 Months

Development

What do you think makes your company such a compelling investment?

Emiral has a long and successful track record of doing profitable mining business in challenging jurisdictions. Emiral`s in-house technical and business development teams proved its capability to:

• discover substantial deposits
• move project from exploration to mining with limited budget in record timeframe
• do mining under challenging circumstances.

Therefore, Emiral strongly believes in success of its Mauritania gold project – one of the largest gold discovery with significant upside.

What are the top 3 key investor takeaways?

1. Scalable Resources - The current estimate of 1.4 Moz on D01 area limits the open-pit depth to 150-200 meters. However, deep drilling (up to 550 meters) has confirmed mineralization extending beyond 300 meters, indicating significant growth potential at depth. The D01 orebody is still open to the strike. The next steps of Exploration on D01 flanks as well as on other close located target can increase the total amount of resources.

2. Compelling IRR and Payback - Despite relatively low grades, the large ore bodies make processing effective in terms of low strip ratio. The combination of open-pit mining and contracting out the mining operations during the initial phases reduces upfront capital expenditure, resulting in a swift payback period of two years post-production and a robust IRR.

3. Further project de-risking - The PFS shows strong confidence in the project’s key drivers. Water supply and the upgrade of D01 resources from Inferred to Indicated are assessed as comparatively low risks and are being actively addressed: groundwater exploration is underway in the Taudeni Basin (with potential to exceed current water estimates), and infill drilling has started at D01 North with encouraging early results.