Bluebird Mining Ventures Ltd (BMV) Ord NPV (DI)

Bluebird Mining Ventures Ltd, formerly Bluebird Merchant Ventures Ltd, is a British Virgin Islands-based company, which is focused on developing high grade, low capex gold projects. The Company, with a cumulative estimated approximately 1.8 million oz gold (Au) across three projects, including two historic mines in South Korea and a development project in the Philippines, looks to joint venture (JV) its assets with local partners to provide free carry structures to advance to production. Its projects include Kochang Gold & Silver Mine, Gubong Gold Mine and Batangas Gold Project. The Kochang Gold & Silver Mine is an epithermal vein deposit with parallel vertical ore bodies covering around 8.3 square kilometers. Through a JV, a local South Korean entity is managing and funding the development of the Gubong Gold Mine to production with the Company providing technical advice on executing the project. The Batangas Gold Exploration Project (1,160 hectares) is located in the Philippines.