On April 11, the National Forestry Commission of Ghana approved the access permit for exploration activities of Golden Star Resources Wassa Mine in the northeast edge of Subri forest area in Ghana and within the scope of the Company's mining lease. The southwestern part of the Wassa Mine mining lease intersects and partially overlaps with the edge of the Subri forest area. According to the research of the exploration team of the Company, the overlapping area is located in the south extension of the structural mineralization belt controlling the main orebody of Wassa, and its structural, lithologic and alteration characteristics are similar to those of the production area. Subsequently, during the exploration of this area, the exploration team found good geochemical anomalies, and further exploration in this area is of great significance to the increase of resources and reserves of Wassa Mine.

The northeastern edge of Subri forest area covered by the mining lease of Wassa Mine is a fellable production forest area, which has several villages and roads. At present, the vegetation is mainly shrubs, and a small number of low-age production trees. Although the area is located within the mining lease of Golden Star Wassa, the Company adheres to the principles of strictly abiding by local laws and regulations and paying attention to environmental and ecological protection, and submitted an application for exploration access permit to the National Forestry Commission of Ghana. In view of the fact that the Company's previous exploration and mining activities strictly abide by various laws and regulations promulgated by local government departments in Ghana, such as the Mincom, the Environmental Protection Bureau and the Water Resources Commission, the application for access permit for exploration activities in the forest reserve was successfully approved. The access permit is valid for one year, and can be extended after it expires. In the future, it can apply for forest mining access permit according to local laws and regulations.

At present, the Company has completed the drilling design for the three priority target areas where geochemical anomalies are delineated, and plans to construct 38 RCD boreholes in the first phase with a footage of 7,615 meters. Because the orebody in this area is shallow in buried depth and there are many oxidized ores, it has good prospecting potential, and it is expected to further increase the Company's resource reserves in a short time, which can be developed and utilized after prospecting is completed.

Schematic diagram of early drilling target area in Subri Forest Reserve