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SHUKA:  80   0 (0.00%)  25/02/2026 19:13

SHUKA MINERALS PLC - Results of Field Samples at Kabwe Mine

Release Date: 25/02/2026 09:00
Code(s): SKA     PDF:  
Wrap Text
Results of Field Samples at Kabwe Mine

SHUKA MINERALS PLC
(formerly Edenville Energy PLC)
(Incorporated in England and Wales)
(Registration number 05292528)
("Shuka Minerals" or "the Company")
ISIN Code: GB00BN47NP32
AIM Share Code: SKA JSE Share Code: SKA

Results of Field Samples at Kabwe Mine

Shuka Minerals Plc (AIM/AltX: SKA), an African focused mine operator and developer, is pleased
to announce encouraging results from sampling during the recent visit to the Kabwe Zinc Mine
("Kabwe Mine") site. The Company's geological consultants GeoQuest Limited ("GeoQuest") and
an international drilling contractor looking to tender for the Kabwe drilling contact were also in
attendance.

A total of nine samples were taken from outcrop and artisanal workings, which were tested with a
handheld, fully calibrated, XRF machine. The results demonstrate consistently high zinc and lead
grades at surface, with zinc values reaching up to 36.13% Zn and lead values up to 9.63% Pb,
alongside tungsten mineralisation.

These grades compare favourably with historical mining averages and confirm the presence of
substantial high-grade material at surface.

These samples will be sent to the ALS laboratory in Ndola for independent verification of the XRF
results and also to test a wider range of elements including Silver, Vanadium, Germanium and
Gallium. The Company will announce the lab results in due course.

The following base metals results were recorded:

 Sample                         Zinc (Zn) %             Lead (Pb) %             Tungsten (W) %

 KAB 26 001*                       0.445                    0.126                       -

 KAB 26 002                       18.586                    1.669                       -

 KAB 26 002a                      23.009                    4.230                    0.917

 KAB 26 003                       23.140                    6.777                       -

 KAB 26 003a                      20.965                    1.228                    1.015

 KAB 26 004                       23.305                    5.764                       -

 KAB 26 004a                      25.912                    5.545                       -

 KAB 26 005                       32.088                    9.631                       -

 KAB 26 005a                      36.126                    5.688                       -

*KAB 26 001 is a prospective ironstone outcrop some 3 km east of the main site.

CEO Richard Lloyd commented: "It is really encouraging to realise such high-grade results and at
surface. Whilst we are planning for deeper drilling, the Shuka team has realised there is significant
material remaining at surface and we will be able to use this material to analyse the metallurgical
characteristics of the ore body, which will assist us in consideration of plant designs whilst also
advancing our resource statements.
"The planned exploration programme is now underway following our capital raise and completion
of the Kabwe acquisition earlier this quarter. I look forward to providing further information on the
programme and subsequent results as we ramp up activity at site."

The Directors of Shuka are responsible for the contents of this announcement.

ENDS

Shuka Minerals plc has its primary listing on the London Stock Exchange (AIM) and a secondary
listing on the AltX of the JSE Limited.

LONDON
25 February 2026

For enquiries contact:

 Shuka Minerals Plc                                                                       +44 (0)7990 503 007
 Richard Lloyd,
 Chief Executive Officer

 Nominated Adviser                                                                        +44 (0)20 7213 0880
 Cairn Financial Advisers LLP, 
 Sandy Jamieson / Ludovico Lazzaretti / James
 Western

 JSE Sponsor & Listing Advisor                                                              +27 (11) 480 8500
 AcaciaCap Advisors Proprietary Limited
 Michelle Krastanov

 Broker                                                                                   +44 (0)20 7100 5100
 Tavira Financial Limited
 Oliver Stansfield / Jonathan Evans

 Investor Relations                                                                          +254 746 849 110
 Faith Kinyanjui Mumbi


Caution:
Certain statements in this announcement, are, or may be deemed to be, forward looking statements.
Forward looking statements are identified by their use of terms and phrases such as ''believe'', ''could'',
"should" ''envisage'', ''estimate'', ''intend'', ''may'', ''plan'', ''potentially'', "expect", ''will'' or the negative of
those, variations or comparable expressions, including references to assumptions. These forward-
looking statements are not based on historical facts but rather on the Directors' current expectations
and assumptions regarding the Company's future growth, results of operations, performance, future
capital and other expenditures (including the amount, nature and sources of funding thereof),
competitive advantages, business prospects and opportunities. Such forward looking statements
reflect the Directors' current beliefs and assumptions and are based on information currently available
to the Directors.

SPONSOR
AcaciaCap Advisors Proprietary Limited

Date: 25-02-2026 09:00:00
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