Deccan Gold Mines Limited has entered into a Strategic Alliance Agreement with Kartikay Exploration and Mining Services Pvt. Ltd., Nagpur ("Kartikay"). Under this Agreement, the Company and Kartikay will work as Strategic Partners in the execution of mineral exploration and drilling work.

It may be noted that Kartikay is one of the leading mineral exploration and drilling contractor with a pool of highly experienced and professional manpower consisting of Geologists, Drilling Experts, Engineers and offers services to mining industry in India and abroad.