Notification on the first industrial gold mining and refinery

Renaissance Minerals (Cambodia) Limited is the first Australian company to start industrial gold mining to international standards, producing today a semi-finished gold bar with 90% (Gold Dore Bars) and announce the opening of Cambodia's first industrial gold mining and refinery in O'Khvav area, Keo Seima district, Mondulkiri province from June 21, 2021. According to the report, the company can produce approximately 3 tons of pure gold per year for the first eight years. Meanwhile, Cambodia expects that industrial gold production from the O'Khhav's gold mining will provide an average gross income of about US$ 185 million per year, of which royalties and taxes will be levied. An average of US$ 40 million per year. These funds will be used in the current national budget for economic and social development.