BASS Gold Extends Gold Mining License at Ushshoky Deposit Through 2030

BASS Gold LLP, whose shares trade on the Kazakhstan Stock Exchange under the ticker FPST, announced that the Ministry of Industry and Construction of the Republic of Kazakhstan has registered an amendment extending its contract to mine gold-bearing ore at the Ushshoky deposit in the Ulytau region. Under the amendment, the contract's term has been pushed out to December 31, 2030. The company described the extension as a significant milestone for its continued operations in the region, underscoring the stability of its presence in Kazakhstan's gold mining sector. For shareholders, the extended license reduces regulatory uncertainty and provides greater clarity around the company's long-term production plans.