Riyadh – Mubasher: Almasane Alkobra Mining Company (AMAK) announced the results of its first independent Mineral Resource Estimate (MRE) for the Jabal Qarn project in the Najran region.

Prepared by Cube Consulting Pty Ltd, the report confirms a total mineral resource of 11.30 million tons, an improvement over the preliminary estimate of approximately 11 million tons disclosed on November 25, 2025.

The resource includes 34,000 tons of copper, 118,000 tons of zinc, 281,000 ounces of gold, and 3.74 million ounces of silver.

According to the JORC-compliant report, 7.10 million tons, or 63% of the total volume, are classified as indicated resources, while 4.10 million tons are categorized as inferred.

The total polymetallic mineralization stands at 9.70 million tons with an average copper equivalent grade of 1.38%.

Additionally, gold-rich mineralization accounts for 1.50 million tons at an average grade of 1.10 grams per ton.

AMAK identified a further 2.70 million tons of unclassified mineralized material within the current open-pit and underground optimization limits, representing potential for future resource expansion.

The company plans to prioritize infill drilling to upgrade the confidence levels of inferred and unclassified materials.