TIDMKAT

RNS Number : 6261Z

Katoro Gold PLC

26 January 2022

Katoro Gold plc (Incorporated in England and Wales )

( Registration Number: 9306219)

Share code on AIM: KAT

ISIN: GB00BSNBL022

   ("Katoro" or  "the   Company")

26 January 2022

Katoro Gold PLC ('Katoro' or the 'Company')

Haneti Project Diamond Drill Programme Commences

Katoro Gold PLC (AIM: KAT), the gold and nickel exploration and development company, is pleased to update the market on the Haneti Project diamond drill programme, in which the Company holds 65% ownership interest with 35% held by Power Metal Resources plc (LON: POW). Following the Company's announcement on the 11(th) January 2022, we can now confirm that the drill rig has successfully been deployed and drilling on the 1000-meter programme has now commenced.

The map highlighting the locations for the drill programme can be found on slide 11 on the following link: https://katorogold.com/wp-content/uploads/2021/05/HANETI-Pres-21_v2.0_040521-1.pdf .

Katoro Executive Chairman, Louis Coetzee, said: "It is a proud moment for us as a Company and our partners to have reached this stage of the Haneti exploration program and we look forward to receiving results from the drill programme."

This announcement contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014.

**ENDS**

For further information please visit www.katorogold.com or contact:

 
 Louis Coetzee     louisc@katorogold.com   Katoro Gold plc       Executive Chairman 
 Bhavesh Patel     +44 20 3440 6800        RFC Ambrian Limited   Nominated Adviser 
  Andrew Thomson 
 Nick Emmerson     +44 (0) 1483 413        SI Capital Ltd        Broker 
  Sam Lomanto       500 
 Isabel de Salis   +44 (0) 20 7236         St Brides Partners    Investor and Media 
  Oonagh Reidy      1177                    Ltd                   Relations Adviser

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END

DRLSEMFUIEESEDF

(END) Dow Jones Newswires

January 26, 2022 02:00 ET (07:00 GMT)

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