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Title: TRUSTCO’S MINING PORTFOLIO INVESTEE MEYA RECOVERS EXCEPTIONAL 391-CARAT DIAMOND IN SIERRA LEONE

Windhoek, Khomas, Namibia, 28th Aug 2024 - Trustco Group Holdings Ltd ("Trustco") is pleased to announce that Meya Mining ("Meya"), in which Trustco holds a 19.5% interest, has recovered a remarkable 391.45-carat diamond. This significant find was made in the Kono District of Sierra Leone, within an area that spans the Kamara Gbense and Tankoro chiefdoms. Meya holds a 25-year exclusive diamond mining license for the Kono District.The diamond, recovered on Tuesday, 20 August 2024, is the second exceptional diamond mined from the Meya River kimberlite domain—the first of 16 kimberlite domains within the company’s licensed area to be targeted. Notably, in November 2017, Meya Mining recovered a 476-carat Type IIa diamond, known as the Meya Prosperity, during its initial bulk sampling program. Similar to the Meya Prosperity, which was originally part of a 523.44-carat diamond that fragmented into three pieces (476.98 carats, 27.89 carats, and 18.58 carats), this latest discovery involved a 514.99-carat diamond that also broke into three pieces, yielding stones of 391.53 carats, 105.43 carats, and 18.11 carats.Mr Quinton Z van Rooyen, Deputy CEO of Trustco Quinton Z van Rooyen, Deputy CEO of Trustco, commented on the discovery: "Six of the world’s largest diamonds have been discovered in the area surrounding Meya Mining’s licensed zone. These notable diamonds include the 770-carat Woyie Diamond (1945), the 620-carat Sefadu Diamond (1970), the 969-carat Star of Sierra Leone (1973), the 709-carat Peace Diamond (2017), the 476-carat Meya Prosperity (2017), and now the 391-carat diamond recovered in 2024. Where the Meya Prosperity diamond was once viewed as a unique occurrence, it is now clear that this region possesses an exceptional geology. We are excited about the prospe...

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