TIDMGDP

RNS Number : 0843E

Goldplat plc

27 June 2023

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration

27 June 2023

Goldplat plc

('Goldplat' or the 'Company')

TSF Update

Goldplat Plc, (AIM: GDP) the AIM listed Mining Services Group, with international gold recovery operations located in South Africa and Ghana, servicing the African and South American Mining Industry, is pleased to announce an update on its tailing storage facility ("TSF").

Goldplat is in the process of upgrading the TSF at the South African operation. Construction commenced in Q2 (December 2022) and construction was planned to be completed by the end of Q4 (June 2023) with the one-month commissioning phase to commence on the 1st of July 2023.

After numerous discussions and meetings with the Regulator, they have confirmed the requirement for specific monitoring equipment. The order for the specific monitoring equipment, which has a lead time of 4 - 6 weeks, has been placed.

The current project construction phase, which includes the installation of High Density Polyethylene (HDPE) liner and specific monitoring equipment, is estimated to be completed by the end of July 2023 with commissioning to commence at the beginning of August.

For further information, visit www.goldplat.com, follow on Twitter @GoldplatGDP or contact:

 
Werner Klingenberg        Goldplat plc                  Tel: +27 (0) 82 051 1071 
                           (CEO) 
Colin Aaronson / George   Grant Thornton UK LLP         Tel: +44 (0) 20 7383 
 M Grainger                (Nominated Adviser)           5100 
James Bavister / Andrew   WH Ireland Limited            Tel: +44 (0) 207 220 
 de Andrade                (Broker)                      1666 
Tim Thompson / Mark       Flagstaff Strategic           Tel: +44 (0) 207 129 
 Edwards / Fergus Mellon   and Investor Communications   1474 
                                                         goldplat@flagstaffcomms.com

The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

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June 27, 2023 08:07 ET (12:07 GMT)

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