The Soviet Tailings (1b and 2b facilities) are historic tailings storage areas containing gold- and silver-bearing material deposited during earlier Soviet-era operations in northern Tajikistan. Like the Kansai Tailings, these deposits are anthropogenic and represent re-processable mineralised material.

Preliminary internal estimates indicate significant contained gold and silver, with sampling and test work suggesting favourable cyanide recoveries. The internal structure of the tailings reflects historic deposition patterns, with stratified layers corresponding to different operational periods and feed sources.

These tailings facilities offer a potential low-strip, low-mining-complexity source of feedstock, complementing the hard rock operations.

A structured drilling and validation programme is underway to support improved confidence in volumes, grades and metallurgical performance. The Soviet Tailings represent a potentially material component of the Company’s overall inventory, with the advantage of established infrastructure and proximity to the existing processing plant.