Anglo Asian Mining PLC announced that further drill results at the Gilar deposit confirm an extension to the mineralisation reported by previous drilling, with intercepts of up to 21 metres of continuous gold and copper mineralisation. The drilling has extended the Gilar deeper zone of continuous mineralisation hosting significant gold, copper and zinc with an intercept thickness of over 20 metres. Two step-out drill holes also confirm the potential of the extension of the mineralisation.

A boundary fence, lighting and auxiliary equipment including compressor and generator have also been installed. Anglo Asian is also preparing a Joint Ore Reserves Committee ("JORC") Mineral Resource Estimate ("MRE") for the Gilar deposit. A site visit by the Company's independent geological consultants, Mining Plus UK, was completed in September as part of the required due diligence process.

The maiden JORC MRE for the Gilar deposit is planned to be released in November. The Gilar mine is expected to commence production in First Quarter 2024.