With Full Control of Indonesian Assets, Brookmount Gold Expanding Mining Operations

With Full Control of Indonesian Business, Brookmount Gold Expands Mining

Operations:

Reno, Nevada, Feb 25, 2025 – Brookmount Gold (sic. Brookmount Explorations Inc.) (OTC:

“BMXI”), a gold exploration and production company, is pleased to announce that since

acquisition of full control, the Company has successfully mined from a single operating shaft, at an

average ore grade of approximately fifteen grams per tonne. This is reflective of the extremely

high ore grades available on Brookmount’s fifty hectare property. The Company is in the process

of restarting production of the remaining four shafts. which were in use prior to the takeover.

Brookmount’s continues to undergo productivity upgrades at its mining sites, with enhanced safety

and operational controls, planned infrastructure enhancements, including upgraded mains power

supply, improved road access and expansion and renovation of ore milling and processing

infrastructure. Equipment upgrades include the addition of several high-capacity hydraulic drills

and rock splitters, jackhammers, air compressors and safety equipment, all of which enhance

extraction efficiency. In order to reduce processing time for each production run, Management is

implementing a revised system for its ball mill capacity which will reduce processing time for each

production run by 30%.

The region is known for its high-grade gold ore deposits, mostly found in volcanic and hard rock

formations. The mine contains some of the highest-grade gold deposits in the world, showing up

to thirty grams/tonne from some production cycles. The gold mineralized vein structure on the

Company’s property is demonstrating outstanding gold grades, with a current cumulative average

grade of raw gold yielding 1.22 oz (34.6g)/tonne. It is estimated that ongoing mining will generate

average yields of at least 20g/tonne. Total costs per ounce are approximately $718, making it

among the most efficient and profitable gold mining operations, at scale, in the world. In

comparison, the highest-grade large-scale gold mining operation in the world is the Fosterville

mine in Australia with an average head grade of 28.13g/t.

According to GlobalData, Indonesia is the eighth largest gold producing country in the world (for

2023). It also has approximately 2500 tonnes of non-mined gold reserves, placing it 5th or 6th in

the world depending on the source. The country had production of over one hundred metric

tonnes in 2023, a current market value of $6.5 billion at current prices. Experts expect a steady

rise in production for the next several years. Indonesia’s rich mineral resources and favorable

geology, featuring complex volcanic formations, make it an attractive destination for mining

companies seeking new opportunities in the gold sector.

In 2024 the Company produced approximately eight thousand ounces of 99% pure gold,

approximately 10% more than in 2023. This production generated in about $18.4 million in

revenue and approximately $2 million in gold inventory. With the use of new hydraulic equipment

and upgrades to processing methods, management plans to increase production by two to threefold. The largest gold mining operator in the province, operating at industrial scale adjacent to

Brookmount’s operations and extracting similar ore, is producing approximately 35,000 ounces of

gold annually on a property also fifty hectares in size. This property is the only open cut gold

mining operation in the province and can utilize blasting for rapid ore extraction. In contrast,

Brookmount operates on a more discrete and less impactful method of production, taking great

care to minimize the Company’s environmental footprint, and works to build and maintain

relationships with local councils and communities.

Management believes that the progress achieved during the first month of operation demonstrates

the long-term viability of increasing growth and for the Brookmount team in Indonesia to create a

world-class gold operation. The gold market has entered a sustained period of price growth,

driven by the unstable state of geopolitics worldwide. With gold as a safe haven for investors who

seek security, and with limited supply, we believe that Brookmount is perfectly placed to capitalize

on its position as an efficient, low-cost producer with significant reserves, to reward its

shareholders accordingly. We look forward to providing more exciting updates as the production

and revenue from our Indonesian gold mining operations accelerate. The company expects to file

year-end financials by March 17 and Q1 financials, for the quarter ending February 28, by midApril.

About Brookmount Gold

Founded in 2018, Brookmount Gold is a high-growth gold-producing company quoted on OTC

Markets in the United States (OTC: BMXI). With operating gold mines in Southeast Asia and

exploration and production assets in North America, the company is focused on building

production of existing assets to scale, in addition to acquiring and developing additional highquality gold assets with JORC/NI 43-101 verified resources.

Safe Harbor Statements:

Except for the historical information contained herein, certain of the matters discussed in this

communication constitute "forward-looking statements" within the meaning of the Securities

Litigation Reform Act of 1995. Words such as "may," "might," "will," "should," "could," "anticipate,"

"estimate," "expect," "predict," "project," "future," "potential," "intend," "seek to," "plan," "assume,"

"believe," "target," "forecast," "goal," "objective," "continue" or the negative of such terms or other

variations thereof and words and terms of similar substance used in connection with any

discussion of future plans, actions, or events identify forward-looking statements. These forwardlooking statements include, but are not limited to, statements regarding benefits of the proposed

license, expected synergies, anticipated future financial and operating performance and results,

including estimates of growth. There are a number of risks and uncertainties that could cause

actual results to differ materially from the forward-looking statements included in this

communication. For example, the expected timing and likelihood of completion of the pending

transaction, including the timing, receipt and terms and conditions of any required governmental

and regulatory approvals of the pending transaction that could reduce anticipated benefits or

cause the parties to abandon the transaction, the ability to successfully integrate the businesses,

the occurrence of any event, change or other circumstance that could give rise to the termination

of the negotiations, the risk that the parties may not be able to satisfy the conditions to the

proposed transaction in a timely manner or at all, risks related to disruption of management time

from ongoing business operations due to the proposed transaction, the risk that any

announcements relating to the proposed transaction could have adverse effects on the market

price of Brookmount's common stock. All such factors are difficult to predict and are beyond our

control. We disclaim and do not undertake any obligation to update or revise any forward-looking

statement in this report, except as required by applicable law or regulations.

Investor Relations Contact: ir@bmxigold.com

Website: https://www.brookmountgold.com

Corporate Contact: corporate@brookmountgold.com

Social Links: Brookmount Gold X (Former Twitter): https://x.com/brookmountgold