BUNIA, Democratic Republic of Congo, November 18, 2025 — Black & Yellow Minerals SARL ("BYM" or the "Company") today announced record monthly gold production of 12.0 kilograms (386 troy ounces) for the month of November 2025, surpassing the previous record of 10.4 kilograms set in October 2025.
The milestone reflects the cumulative impact of dual-site operations at Concessions P3 and P1, improved processing recoveries of 89%, and sustained equipment utilization rates above 90%. Average daily production for November reached 400 grams, meeting the Company's base-case production target established in its investment framework.
"Reaching our base-case daily production target of 400 grams is a significant operational milestone," said the Chief Operating Officer. "This demonstrates that our equipment fleet, workforce, and processing methods are performing at the level we projected to investors. The operational team has done exceptional work optimizing every step of the production chain, from excavation through gravity separation to final pour."
November production was supported by favorable geological conditions in the P3-North working zone, where the ore body exhibited consistent grade distribution averaging 2.8 grams per tonne across the active bench. The Company processed approximately 4,300 tonnes of ore during the month, with a strip ratio of 3.2:1 (waste to ore). Water management systems performed reliably despite the onset of seasonal rains.
Year-to-date gold production through November 2025 totals 82.6 kilograms. Based on current production rates and operational continuity, BYM expects full-year 2025 production to fall within the range of 90-96 kilograms. The Company continues to evaluate expansion opportunities at adjacent concession areas and is on track for its planned Q1 2026 activation of additional processing capacity.
Forward-Looking Statements: Production guidance and expansion plans are subject to geological, operational, and market risks. Actual results may differ from projections. Contact: BYM Investor Relations — ir@bym-minerals.com.