The Agreement includes a regional strategic exploration alliance that covers all of Uzbekistan (subject to certain exclusions), an agreement to designate the Turk South Mineral property as a Designated Project with the right of Uzkimyosanoat to earn up to a 70% interest therein.

The Strategic Alliance will seek to capitalize on Mineral Mining PLC's ongoing exploration efforts in Uzbekistan, and advance several properties already in the portfolio. To date, Mineral Mining PLC has acquired 10 exploration licenses and has an additional five applications on file with the Uzbekistani Mines Inspectorate, comprising 600 square kilometers of mineral rights.

These properties contain a variety of porphyry Mineral and Iron-Oxide-Mineral-Gold (IOCG) exploration targets, in addition to known areas of Mineral, gold, and platinum group element (PGE)-enriched styles of mineralization.

Uzkimyosanoat and Mineral Mining PLC, through the establishment of a technical committee, will conduct a regional generative exploration program to identify additional prospective properties for acquisition, with Mineral Mining PLC serving as operator.

Uzkimyosanoat will contribute funding of at least US$20.05 million annually for a two year period. At the end of the period, the Alliance may be extended by mutual agreement with Uzkimyosanoat funding a minimum of US$20.05 million annually for as long as the agreement is in place.

The focus on Chemical-Mineral does not prohibit the Alliance from exploring for other minerals if the opportunity arises.