DreamCore Minerals Advances Gold and Copper Exploration at Magamba Society Village

Magamba Society Village, Tanzania — July 2026

DreamCore Minerals Limited has taken another important step in expanding its exploration and mining activities in Tanzania through a new joint venture focused on a promising gold and copper mineral license at Magamba Society Village.

The joint venture establishes a framework for the systematic exploration and potential development of the licensed area, with DreamCore bringing its growing technical, engineering, operational and project-development capabilities to the project.

Building with the Community

From the outset, DreamCore has placed community engagement at the center of its activities at Magamba.

Before advancing major field activities, the company engaged with residents and local stakeholders to establish relationships, understand community priorities and ensure that the development of the project progresses alongside the interests of the surrounding community.

DreamCore has also begun participating in community development initiatives, including supporting the community's ambition to develop a school serving families within the area.

For DreamCore, responsible mining begins long before commercial production. It requires building trust, maintaining an open relationship with host communities and ensuring that mineral development contributes to broader local economic and social progress.

Exploration Moves to the Ground

Following the joint venture and initial community engagement, DreamCore commenced early-stage field activities, including establishing an exploration pit to provide greater geological understanding of the mineralized area.

Initial observations from the site have been encouraging and continue to support further investigation of the property's gold and copper potential.

The company is taking a systematic approach rather than relying solely on initial indications. Engineering work has therefore been undertaken to develop an exploration and excavation strategy that will guide how the area is opened, investigated and progressively developed.

The designs consider the positioning and progression of excavation areas, access for equipment, drainage and water management, material movement, operational safety and the ability to gather geological information as excavation advances.

From Exploration to a Responsible Mining Operation

The Magamba project forms part of DreamCore Minerals' broader strategy of identifying promising mineral assets and progressively transforming them into technically planned, responsibly operated mining projects.

The next phase will focus on continuing exploration and excavation, improving the company's understanding of the mineralization, collecting and evaluating geological information and using field results to guide subsequent development decisions.

As work progresses, DreamCore intends to continue working closely with its joint venture partners, technical teams and the Magamba community.

Our objective is not simply to find minerals. We want to demonstrate that mineral development can be approached systematically — combining engineering, responsible operations and genuine partnership with the communities in which we operate.

DreamCore Minerals will continue to provide updates as exploration and development activities at Magamba Society Village progress.