Weekly report of Hulubalang Gold Mining Project in Indonesia（4） 2021-01-20

Last week, HOT Pirates completed the inspection and photo recording work of eight drill cores, including zk1613,zk1812, zk2013, zk2014, zk2213, zk2413, zk2613, and zk2616. The key ore-bearing areas were checked and photographed according tothe "Original Geological Catalogue of No. 4 Gold Ore Body Drilling in the Hulubarang Mining Area, Central Sulawesi, Indonesia" and the"Registration of the Analysis Results of Gold Ore Body No. 4 in the Hulubalang Mining Area, Central Sulawesi, Indonesia" .

The site selection of return air tunnelshould be comprehensively considered according to the occurrence of ore body,topography, tariffication and power supply.

During the investigation, the engineersinitially proposed three alternative locations according to the conditions ofgentle slope, relatively flat site and moderate distance from tunnel entrance. It’sfound that the surface soil in this area is thick, and the slope in most areasis steep.

Community relationship is also animportant link in mine construction. Last week, our engineers visited Agus, thehead of Lintidu village, wich has a population of about 600, covering thecurrent mineral processing plant and the future + 160m mine tunnel.

During the visit, the engineerscommunicated with the village head about the benefits of the projectdevelopment to the local area as well as the problems that may be encounteredin future construction. Everyone had a very happy conversation, and Agusexpressed his welcome and shows they will cooperate with future work.

Rockx Capital has been adhering to the establishment of a harmonious situationof mutual benefit and win-win in the community. In this interdependentrelationship between mining enterprises and local community people, RockxCapital regards the people of mining community as a "partnership"relationship and will undertake the social responsibility of mining communityconstruction.