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PROGRESS ON CONSTRUCTION OF NUEVA SABANA MINE CUBA

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PROGRESS ON CONSTRUCTION OF NUEVA SABANA MINE CUBA

Executive Summary

Antilles Gold has provided an update on the construction progress at its Nueva Sabana Mine project located in Cuba. The announcement was released through the Australian Securities Exchange on May 13, 2026, indicating ongoing development activities at the gold mining operation.

While the specific details of the construction progress were not available in the summary content, the announcement represents a continuation of the company's development timeline for this Cuban gold project. The Nueva Sabana Mine represents a significant international asset for Antilles Gold, operating in Cuba's emerging mining sector.

For the gold mining industry, projects in Cuba represent both opportunity and complexity given the jurisdiction's unique regulatory environment. Construction progress updates are critical milestones for investors and stakeholders tracking the development of new gold production capacity in the Caribbean region.

The timing of this announcement in May 2026 suggests the project remains on track for its planned development schedule, though investors will likely be seeking more detailed information about construction timelines, capital expenditure, and anticipated production commencement dates.
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