Project Location: Block RS-12V sits in one of Africa’s last underexplored greenstone belts, offering blue-sky discovery upside.

Potentiality of block RS-12V

A Tier-1 Polymetallic Asset Powering the Sustainable Future

1. Project Overview & Strategic Positioning·

Prime Location & Scale: 264 km² concession in the highly prospective Nakasib Suture Zone, located just 42 km NW of Port Sudan, a major international port.·

Asset Class: A world-class polymetallic project hosting a critical portfolio of minerals: Copper (Cu), Nickel (Ni), Cobalt (Co), and Gold (Au).·

Strategic Advantage: Situated in one of the world’s last underexplored greenstone belts within the Arabian-Nubian Shield, a proven geological province analogous to the nearby 5Moz Hassai Gold Mine.

2. Significant Mineral Potential & Scale

The project contains two distinct, high-value mineralization zones:·

High-Grade Gold Zone (10.5 km²): Hosts bonanza-grade quartz veins with samples grading >18 g/t Au, validated by extensive artisanal activity.·

Battery Metals Zone (5 km²): Hosts magmatic sulfide & IOCG-style mineralization with massive sulfides grading >3% Cu, alongside significant Nickel and Cobalt.

3. Compelling Market & Economic Advantages· Unmatched Logistics: Proximity to Port Sudan **slashes transport costs to ~$12/t**, a 60% saving against the African average of $30/t, providing a significant NPV boost.·

Inherently Sustainable Footprint: High solar potential (2,200 kWh/m²/yr) enables the development of a low-carbon operation targeting <2 t CO₂/t Cu, less than half the global average of 4.1 t CO₂/t Cu.·

Strategic Product Alignment: Co/Ni production aligns with soaring EV battery demand. Potential for offtake agreements with prepayments, de-risking future financing and securing revenue upfront.

4. Investment Summary: A Uniquely Positioned Opportunity

Block RS-12V merges world-class geology with strategic critical minerals. It represents a rare opportunity to invest in a de-risked, polymetallic asset in a proven yet underexplored district.

With Sudan’s vast mineral wealth largely untapped, BNE is strategically positioned to transform the Red Sea State into Africa’s next premier mining frontier, delivering substantial shareholder returns while supplying the essential materials for the global energy transition.

BNE is not just exploring for minerals; we are building a sustainable, low-cost supplier of critical battery and precious metals for the 21st century.