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Investor Presentaiton

Exploration Updates Throughout the first six months of 2022, Archi continued doing exploration activities, both in the Eastern and Western Corridor, in order to discover new Mineral Resources and Ore Reserves. Exploration activities carried out by the Company, through its subsidiaries PT MSM and PT TTN, for the year were focused on increasing the potential additional discoveries of the current open pit operations in the Eastern Corridor area and gold resource drillings in Western Corridor area. During the period, the Company had undertaken a total of 36 Diamond Drill ("DD”) holes, represents almost 8,754 drilling meters, with the total cost for exploration activities carried out amounted to US$2.5 mn. There were several significant exploration results in the Western Corridor which are suitable for future underground project. @8.0m, Au 17.8 g/t and Ag 17.9 g/t, including @2.1m, Au 45.6 g/t and Ag 29.7 g/t. @14.9m, Au 9.55 g/t and Ag 7.1 g/t, including @2.4m, Au 46.6 g/t and Ag 33.6 g/t. @5.4m, Au 2.9 g/t and Ag 3.1 g/t, including @1.9m, Au 6.2 g/t and Ag 5.5 g/t. The initial exploration drilling of geothermal project has been carried out in July 2022 (Archi in collaboration with PT Ormat Geothermal Indonesia) Chase ViẬT, LOHN: Bu Source: Company Information BIMA DM Au Grade 4.1.49 1.00 MZR ARJUNA Pyroclastic unit DD22TAL0106 4.60 m @ 0.64 g/t Au, From 122.0 mdh DD22TAL0186: 14.90 m 9.55 g Au, From 142.50 mdh out PT.TTN Wecoo Project DH Scotions DD2ZTAL0186 Arjuna Vein Looking North West 6.00 o 10.00 1888 Soole 1.1:900 20m Тоск
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