NSEUpdates5d ago · 14 Oct 2026, 10:56 am

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South West Pinnacle Exploration Limited · SOUTHWEST

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South West Pinnacle Exploration Limited has informed the Exchange regarding the identification of 12 copper-gold prospect areas and completion of airborne geophysical survey in its joint venture company in Oman.

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Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact6/10
Market Sentiment7/10

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South West Pinnacle Exploration Limited has informed the Exchange regarding '12 Copper-Gold Prospect Areas Identified and Airborne Geophysical Survey Completed in JVCompany in Oman'.

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SOUTHWEST_14102026105506_Announcement_-Signed.pdf

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South West Pinnacle Exploration Ltd. CIN No.: L13203HR2006PLC049480 Registered & Corporate Office: Ground Floor, Plot No. 15, Sector-44, Gurugram 122003, Haryana, India T: +91-124-4235400/01, E: info@southwestpinnacle.com W: www.southwestpinnacle.com Date: October 14, 2026 To, To, Listing Department Listing Department National Stock Exchange of India Ltd. Bombay Stock Exchange Limited Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Towers, Plot No. C/1, G Block, Dalal Street, Bandra-Kurla Complex Mumbai-400001 Mumbai 400051 Script Code: 543986 SYMBOL: SOUTHWEST Subject: 12 Copper-Gold Prospect Areas Identified and Airborne Geophysical Survey Completed in JV Company in Oman Dear Sir/Madam, South West Pinnacle Exploration Ltd (SWPE), a coal and non- coal mineral Exploration cum mining company with presence on pan India basis, is pleased to provide an update on exploration progress within a 1400 km2 Block 22B Mineral Concession, Sultanate of Oman, held through the Company's joint venture company Al Hadeetha Mining LLC (AHML). AHML has held the concession since the concession agreement was signed in January 2025, and subsequently ratified by Royal Decree in March 2025. In the JV company AHML, SWPE is having three partners namely Alara Oman operations Pty Ltd (a 100% subsidiary of Alara Resources Ltd, Australia) and two Omani Companies namely, Al Tasnim Mining LLC and Al Hadeeda Investment services LLC. Key Highlights are as below: a) 12 copper-gold prospect areas identified across Block and the adjoining licence area. The newly generated prospects are now subject to further geological mapping and rock-chip sampling. b) HeliTEM airborne electromagnetic and magnetic survey completed with 6,132 line-km flown across around 1400 km2 mining block , interpretation report expected by Q-2 of FY 27. c) Systematic rock-chip sampling at certain prospects has returned peak natural copper values of 22,681 pm Cu (2.27% Cu) associated with visible malachite mineralisation. d) Elevated copper values also returned in opportunistic, reconnaissance-level rock-chip sampling collected during concession-wide traversing at several other prospects. No prospect has yet been ranked. e) Field verification is complete at designated corridor, with equivalent work planned across the remaining prospects ahead of a staged follow-up exploration programme. South West Pinnacle Exploration Ltd. CIN No.: L13203HR2006PLC049480 Registered & Corporate Office: Ground Floor, Plot No. 15, Sector-44, Gurugram 122003, Haryana, India T: +91-124-4235400/01, E: info@southwestpinnacle.com W: www.southwestpinnacle.com Strategic Context: SWPE continues to progress systematic, staged exploration activities in Oman in partnership with Alara and two local stakeholders, consistent with its strategy of responsibly exploring prospective mineral concessions and building a robust pipeline of exploration and development assets alongside imparting mining and exploration services through another JV in Oman. Looking at present international demand supply scenario of copper, the present update is a very important achievement for timely development of such a large copper - Gold mining block. This is for your information and records. Thanking you. For South West Pinnacle Exploration Limited Vaishali Company Secretary & Compliance Officer