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Core strategic areas

As a Singapore-based mining investment company, PURIDA consistently prioritizes Central Asia and Africa as our core strategic areas. Trading on the resource endowments of both areas and opportunities presented by the Belt and Road Initiative, PURIDA has established a dual-core development framework centered on “deep engagement in Central Asia + synergistic efforts in Africa”. Project updates for our core and strategic focus areas are as follows:

Deep Engagement in Central Asia

Based on a professional assessment of the mineralization patterns and resource potential in Central Asia, PURIDA has officially recognized the region as a robust geological base for long-term and systematic mining investment. Accordingly, we will shift our strategic focus toward this region.

Establishment of the subsidiary in Tajikistan: As an effort to transform this strategic focus into real actions, PURIDA has selected Tajikistan as the initial base for mining activities, designating it as a core operational zone. Formally registered in July 2025, PURIDA’s wholly-owned entity has completed all local compliance procedures and secured necessary qualifications for mining investment and operations. It will fully integrate the company’s technological, managerial, and capital strengths to drive the systematic development and efficient operation of Tajik mining projects, aiming to establish a benchmark for non-ferrous metal mining technology and management in the country.

(II) Africa: Fund-synergized project evaluation and review

In June 2025, the company signed a “Strategic Cooperation Agreement” with the African Mining Development Fund (AMDF). Both parties co-founded the “Mining Project Joint Evaluation Team”, focusing on the feasibility evaluation of the projects in resource-rich regions of Africa.

Current phase: Project evaluation period, during which technical and compliance assessments for the 3 target projects with exploration and mining rights in Africa are prioritized, including:

-Document review:

Verifying historical geological data, mining rights ownership documents, and local mining policies for target projects;

- oPreliminary economic assessment:

Calculating exploration investment and potential return cycles based on current metal price trends;

- Risk analysis:

oAssessing external risks, including regional political stability and environmental requirements, and developing a “Project Evaluation Brief Report”.

Strategic layout and project pool

To diversify resource reserves and realize the complementarity between resources found in the core regions of Central Asia and Africa, the company is concurrently conducting preliminary surveys in promising areas of Myanmar and Mongolia. The initiatives remain in the “data collection + preliminary field investigation” phase, without any allocation of core resource investments.

(I) Myanmar: Field investigation

At the invitation of Mr. Yang Hongkang, Chairman of AJ Myanmar Group, PURIDA organized a professional team to conduct a systematic field investigation and resource assessment of relevant areas in Myanmar.

Myanmar AJ Myanmar Group’s Chairman YANG Hongkang accompanies the inspection

Engineers conduct site inspection

Core activities：

Core activities: This investigation focuses on the potential of mineral resources in the eastern parts of Shan State. Through on-site geological exploration, observation of the mineralization zone, collection of sampling data, and research on regional mining policies, PURIDA has obtained primary geological data and compiled a preliminary investigation report.

Current phase：

The projects are in the phase of resource potential assessment. Meanwhile, PURIDA is conducting technical-economic feasibility evaluation and assessment of the investment environment.

(II) Mongolia: Multi-mineral, multi-project field investigations

Core activities：

Field investigations for 3 target projects involve gold, copper, and other minerals, covering key areas such as South Gobi Province and East Gobi Province. These investigations include surface geological surveys, mineralized outcrop sampling, and assessments of resource potential.

Current phase：

Preliminary screening and comparative analysis of resource endowments across multiple projects have been completed. Currently, the projects are in the potential assessment phase and have not yet proceeded to the preparation for substantive development.

Strategic positioning：

In Myanmar and Mongolia, which are non-core areas of strategic focus, the intention is to supplement the reserves of minerals, such as lead-zinc, gold, and copper, enabling them to complement resources in Central Asia and Africa. All current investigations are in the preliminary stage, having no impact on the resource focus on core areas.