SHUKA MINERALS PLC - Commencement of Drilling at Kabwe

Commencement of Drilling at Kabwe

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

Commencement of Drilling at Kabwe

Shuka Minerals Plc (AIM/AltX: SKA), an African focused mine operator and developer, is pleased
to announce that, further to the announcement on 29 April 2026, it has commenced the Phase 1
drilling programme at the No.2 ore body at the Kabwe Zinc Mine ("Kabwe Project").

The Behre Dolbear 2023 NI 43-101 report indicates that the No.2 ore body has 3.1 million tonnes of
ore remaining at grades of 11.4% zinc and 1.7% lead plus silver and vanadium oxide. As previously
announced, the Company's objectives for its 2026 exploration programme aims to increase the
existing resource by 50%, subject to the results of the drilling programme.

The No.2 orebody is open at depth and the initial diamond drill hole will be angled at 65 degrees
and is planned to intersect the ore body below the current workings at a depth of approximately
220 to 230 metres. Silver, vanadium, gallium and germanium are present at the No.2 orebody,
although have never been the focus of exploration and testing in previous operations. The
Company intends to undertake further work to identify the potential of these commodities as part
of the ongoing programme.

The GeoQuest Limited geological team are on site with the Company's CEO, Richard Lloyd, who
is overseeing the commencement of the initial 2,000 metres phase of drilling. Drilling is being
undertaken by Ox Drilling Limited, a contractor with established operating experience in Zambia.

The Company and its contractors will be sampling the drill core initially with a calibrated XRF
machine and further samples from the disseminated and main ore zones will be sent to the ALS
labs for preparation and assaying to JORC/NI 43-101 standards.

The Company will update on progress as drilling advances.

This announcement contains inside information for the purposes of the UK Market Abuse
Regulation. 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
14 May 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                                                                        +44 (0)208 892 8329
Olivia Lloyd


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: 14-05-2026 08:06:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.