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From March 5 to 6, 2026, Sinomine Resource Group Co., Ltd. (hereinafter referred to as “Sinomine Resource”) convened its 2026 Exploration Project Design Review Meeting, adopting a hybrid format combining both in-person and virtual participation. Wang Pingwei, Chairman and President of the Group, attended the meeting and delivered remarks.
The meeting focused on key exploration projects both in China and overseas, conducting systematic reviews of exploration design plans for eight major projects, including Bikita, Kitumba, and Kasempa. Participating leaders, advisors, and technical experts engaged in in-depth discussions on core topics such as sources of mineralization, deposit genesis, ore-controlling factors, exploration targets, and the design and deployment of exploration programs.
Chairman Wang participated throughout the meeting and, based on the specific characteristics of each project, provided detailed guidance on optimizing exploration methods, evaluating resource potential, ensuring progress milestones, and strengthening coordination between exploration and development. He also clarified annual exploration targets and provided clear direction for the efficient advancement of all projects.
Chairman Wang emphasized that, as an international resource-based mining company, resource reserves must be regarded as the lifeline of the business. In the coming year, the Group will further intensify exploration efforts, actively introduce market-oriented mechanisms such as outsourced collaboration, and accelerate the pace of exploration and resource discovery. The objective is to enhance both the quality and efficiency of exploration outcomes, strengthen resource reserves, and reinforce the Group’s core competitiveness in the mining sector.
He noted that achieving future profitability will fundamentally depend on increasing reserves and boosting production capacity. The Group will continue to implement its dual-driven strategy of “independent exploration and mining rights acquisitions,”leveraging technical expertise to strategically secure high-quality mining assets while effectively reducing resource acquisition costs.
Chairman Wang also stressed the importance of comprehensive resource evaluation, including full consideration of the potential value of associated minerals. He called for strict adherence to the principles of “integrated evaluation and comprehensive utilization,” with a focus on unlocking the value of rare and minor metals and maximizing the overall economic benefits of resource development.
Participants expressed their commitment to thoroughly understanding and fully implementing the Chairman’s guidance and the meeting’s requirements. They emphasized the need to strengthen the sense of urgency in exploration work, refine and optimize exploration design plans and budgets in line with review feedback, and promptly initiate all exploration activities for 2026.
Through coordinated efforts and practical actions, all teams aim to contribute to the Group’s high-quality and leapfrog development.
