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REG - Central Asia Metals - H1 2025 Operations Update

REG - Central Asia Metals - H1 2025 Operations Update

Sasa Polyester Sanayi A.s.July 10, 20255
REG - Central Asia Metals - H1 2025 Operations Update

About this update from Sasa Polyester Sanayi A.s.

RNS Number : 4472Q Central Asia Metals PLC 10 July 2025 10 July 2025Central Asia Metals PLC(the 'Group', the 'Company' or 'CAML')H1 2025 Operations UpdateCentral Asia Metals plc (AIM: CAML) provides its H1 2025 operations update for the Kounrad dump-leach, solvent extraction-electrowinning (SX-EW) copper recovery plant in Kazakhstan and the Sasa zinc-lead mine in North Macedonia.H1 2025 operational summary- Zero lost time injuries (LTIs) at Kounrad and Sasa- Kounrad copper production of 6,218 tonnes- Sasa zinc-in-concentrate production of 8,692 tonnes- Sasa lead-in-concentrate production of 12,613 tonnes- Sasa Capital Projects:o Dry Stack Tailings (DST) Plant operationalo transition to paste-fill mining continues- Phase 2B exploration drilling commenced at 28.4%-owned Aberdeen Minerals' Arthrath base-metals project in ScotlandGroup cash- Net cash at 30 June 2025 of $42.9 millionOutlook- DST Plant at Sasa ramping up to full capacity- Production guidance for FY2025:o copper of 13,000 to 14,000 tonnes reiteratedo zinc-in-concentrate revised to 17,000 to 19,000 tonneso lead-in-concentrate revised to 25,000 to 27,000 tonnes- Phase 2B drilling programme at Arthrath, comprising five holes for a total of 2,400 metres, to be completed in Q3 2025- Results from magnetic and soil geochemical surveys at the two most advanced licences held by CAML Exploration (CAML X) in Kazakhstan expected in Q3 2025CAML production summaryMetal production (tonnes) (tonnes)Q2 2025Q2 2024H1 2025H1 2024Copper3,3653,4886,2186,608Zinc4,0884,2728,6929,014Lead6,0056,34312,61312,872Gavin Ferrar, Chief Executive Officer, commented:"Kounrad delivered another quarter of safe and reliable copper production in Q2 2025, with H1 2025 output in line with our guidance for the year."At Sasa, the transition to new methods for mining and tailings disposal continued, with Q2 2025 being the first full quarter of filter-cake deposition on the DST landform. Encouragingly, the ore tonnage mined recovered well in H1 2025, up approximately 8% compared with the corresponding period last year, and this progress was made without any LTIs."However, maintaining head grades has proved challenging owing to the variability in orebody geometry as we mine deeper. This was anticipated and indeed was a key reason behind the change to more flexible mining methods. We expect head grades to improve as the proportion of mining...

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