Growth Strategy Initiated with Option to Acquire Scandinavian Copper-Gold

South Harz Executive Chairman Mr Len Jubber, commented:

“The Glava acquisition option represents an exciting milestone and opportunity for South Harz to leverage our European footprint into one of the most geologically prospective and underexplored copper-gold provinces in Scandinavia. This first step transforms South Harz into a diversified resources company, moving from a single asset company towards a broader regional platform. While we maintain strategic patience with our large-scale South Harz Potash Project, we are broadening our portfolio to include metals essential to global supply chains and the energy transition.

The Glava Project offers immediate discovery potential, hosting visible bornite, covellite, and chalcocite epithermal mineralisation with gold, silver and tellurium in outcropping vein systems, including historic
artisanal production of over 10% copper. Negligible glacial till allows for the use of proven, cost-effective exploration techniques. Initial field activities, including a magnetic survey have been completed under
the guidance of McKnight Resources and we look forward to analysing and interpreting the gathered information in the coming weeks. We are committed to systematically exploring Glava’s potential, while continuing to evaluate complementary opportunities to strengthen the portfolio and create sustained shareholder value.”

Highlights

• Option Agreement executed to acquire Glava Cu-Au-Ag Project, located in Värmland Province, Sweden
• First potential acquisition under South Harz’s diversified asset growth strategy, expanding its portfolio into critical (base) and precious metals alongside German potash assets
• High-grade epithermal copper mineralisation, with associated gold, silver and tellurium, confirmed by recent sampling. Historic artisanal mining recorded up to 10.5% Cu
• Negligible glacial till allows for use of proven, cost-effective exploration techniques
• Ground magnetic survey and rock chip sampling completed in November 2025, with results to feed into drill target generation
• Option Agreement includes strategic relationship with vendors McKnight Resources AB, resulting in established and experienced exploration capability in Sweden
• The potential acquisition delivers immediate discovery opportunity, while preserving the long term value and optionality in the perpetual tenure across the SHP German potash projects

The Glava Project

The Glava Project, which is located in Sweden’s Värmland region (Figure 1), covers 430Ha under a single exploration licence within the eastern extensions of the Proterozoic Grenville Orogenic Belt, an emerging copper-gold…