Bank-In­de­pen­dent In­vest­ment Hou­se, GBC AG

GBC AG

Research study based on publicly available financial figures. Includes a description of the business performance, forecasts and a valuation model.

Bank-In­de­pen­dent In­vest­ment Hou­se

GBC AG, headquartered in Augsburg, is one of the leading bank-independent investment houses in Germany and an experienced issuing expert for German SMEs.

As an owner-managed company, GBC AG knows the financing needs of German SMEs and is an independent and reliable partner for all capital market issues.

Within the GBC Group, GBC AG offers corporate analysis & research, capital market & financing consulting as well as capital market conferences.

GBC Kapital GmbH complements the services in the group with corporate finance in the areas of placement & brokerage of bonds and shares.

Equity Bottom-Up

<ul><li>Desert Gold’s Tiegba Project in southern Côte d’Ivoire represents a high-impact exploration opportunity in a prolific yet underexplored gold belt.</li><li>A broad gold-in-soil anomaly ~4 km by 2 km in size has been identified at Tiegba, with soil values ranging from 100 ppb to over 900 ppb (parts per billion), an unusually large, in-situ gold system that has never been drill-tested.</li><li>This anomaly’s scale and strength suggest the potential for a multi-million-ounce discovery, analogous to the big finds made in West Africa over the past decade.</li></ul>

Desert Gold’s Tiegba Project in southern Côte d’Ivoire represents a high-impact exploration opportunity in a prolific yet underexplored gold belt.A broad gold-in-soil anomaly ~4 km by 2 km in size has been identified at Tiegba, with soil values ranging from 100 ppb to over 900 ppb (parts per billion), an unusually large, in-situ gold system that has never been drill-tested.This anomaly’s scale and strength suggest the potential for a multi-million-ounce discovery, analogous to the big finds made in West Africa over the past decade.

Research report (Note) english - Desert Gold Ventures Inc. - 13.10.2025