Revolver Resources update on Dianne Copper Mine Project

Revolver Resources Holdings Limited (ASX: $RRR) provides an update on the development progress at its Dianne Copper Mine Project in northern Queensland. The company has made significant advancements across all pre-construction activities, including project debt and equity funding solutions, ongoing support from the Queensland Government, environmental field assessment and monitoring, traditional owner engagement, and detailed mine planning and scheduling activities. Revolver is on track for targeted first LME-grade copper cathode production during H2 2025, subject to Final Investment Decision and financing.

Revolver Managing Director, Pat Williams, on Dianne Copper Mine Project

Revolver Managing Director, Pat Williams, expressed the company's unique position with a high-grade copper ore body at the Dianne Mine and the pathway to generating production revenues to fund the Company's growth and exploration activities. Williams emphasized the profitability and relatively low development risk of the Dianne Copper Mine Project, highlighting the company's plan to continue focused copper and gold exploration activities in parallel with the project's advancement towards the Final Investment Decision and first production in 2025.

Summary of Revolver Resources' Dianne Copper Mine Project update

Revolver Resources Holdings Limited (ASX: $RRR) has made strong progress at its Dianne Copper Mine Project, with advancements in project debt and equity funding solutions, ongoing support from the Queensland Government, environmental field assessment and monitoring, traditional owner engagement, and detailed mine planning and scheduling activities. The company is on track for targeted first LME-grade copper cathode production during H2 2025, subject to Final Investment Decision and financing. Revolver's Managing Director, Pat Williams, highlighted the profitability and relatively low development risk of the project, emphasizing the company's plan to continue focused copper and gold exploration activities in parallel with the project's advancement towards the Final Investment Decision and first production in 2025. The company is well advanced on commercial discussions for potential project level debt and/or equity funding, with parallel offtake negotiations also progressing well. Revolver is pleased to have received significant feasibility activities support through the A$1.3 million grant from the Queensland Government's Critical Minerals and Battery Technology Fund, endorsing the Dianne Copper Mine Project.