MBK Fast-Tracks Gold Production at Livingstone While Advancing Saudi Exploration.

Metal Bank (ASX: MBK) is advancing plans to fast-track production at its Livingstone Gold Project in Western Australia, focusing on the shallow Homestead and Kingsley deposits. The project currently hosts 2.81Mt @ 1.36g/t Au for 122.6koz gold, with resources located near surface and close to third-party processing infrastructure. Alongside production planning, MBK is progressing further drilling to expand resources and test multiple high-potential exploration targets across 395km² of granted licences.

In parallel, MBK continues to advance its copper and critical minerals strategy in Saudi Arabia through its 60% stake in Consolidated Mining Company. The Wadi al Junah Copper-Zinc-Gold-Silver Project, awarded in late 2024, is progressing towards its next exploration phase with local funding options under review. With catalysts for near-term gold production in WA and strong exploration prospects in Saudi Arabia, MBK is positioning itself for significant shareholder value creation.

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com