Firefinch Limited announced that mining activities have commenced as scheduled at the Morila Super Pit. Initial activities comprise pre-stripping of waste from the first stage of the Morila Super Pit, which will continue during first quarter of 2022. Ore mining is currently forecast to commence during second quarter of 2022, with the Morila Super Pit becoming a consistent source of ore in the second half of 2022.

Mining is being carried out by the Company's primary mining contractor Mota Engil working in joint venture with Malian group Intermine (MEIM). Morila SA engaged MEIM in June 2021 to perform contract mining operations at the Morila Super Pit and satellite pits. MEIM initially mobilised to commence mining at the Viper satellite pit.

Hydraulic mining of high-grade tailings and satellite pit ore has provided a window to commence mining operations at the Morila Super Pit using the current fleet. A new mining fleet is onsite being assembled and will be operational imminently to ramp up material movement and accelerate the development of the Morila Super Pit. Pre-stripping of Stage 1 of the Morila Super Pit will continue through first quarter 2022 with first ore currently planned to present during second quarter of 2022.