Bezant provided information on further positive results of Phase 2 metallurgical testing carried out by Wardell Armstrong International ('WAI') on a sample from its' 100% owned Kanye manganese exploration project in Botswana. The primary objectives of the testwork were to optimise the leaching conditions to achieve high manganese recoveries at more economical conditions relative to the previous phase of testwork and to benchmark the project against other manganese projects. Highlights: Phase 2 work followed on from previous metallurgical testing conducted by WAI, and reported in July 2023, aiming to optimise manganese recovery from the 'Moshaneng' sample whilst minimising the reagent consumption rates to improve process economics.

Having established that the Kanye mineralisation is potentially suitable for processing to high purity manganese, the Company will now press on with planning for further exploration at the project to expand the footprint of the deposit and advance towards resource definition. Further metallurgical test work will be considered at a later stage of project advancement. The results in essence verify that manganese can be extracted from the deposit to produce leach solutions with high manganese concentrations via standard leaching processing technologies with extremely high recoveries.

This is an excellent result and will now fast track preliminary economic assessment, whilst progressing resource definition by further drilling and modelling.