RESOURCE TABLES

Kipoi Central deposit. Grade tonnage reported above a cut off of 0.50% copper

Category	Tonnes (Mt)	Copper grade (%)	Cobalt grade (%)	Ag grade (g/t)	Copper (000t)	Cobalt (000t)	Ag (000'oz)
Measured	9.18	3.78	0.14	3.68	347	13	1,085
Indicated	14.28	1.31	0.07	2.29	181	9	1,052
Measured & Indicated	23.46	2.28	0.09	2.83	535	22	2,138
Inferred	12.02	0.85	0.05	0.47	102	6	182

Kipoi Central, High Grade Zone. Measured and Indicated Mineral Resource (lower cut off 5.0% Copper)

	Tonnes (M)	Copper % Grade	Cobalt % Grade	Copper (000't)	Cobalt (000't)
Measured	1.93	8.5	0.2	164	3
Indicated	0.93	7.4	0.1	68	1
Total	2.86	8.1	0.15	232	4

Kipoi North and Kileba South Inferred Mineral Resource estimate. Lower cut off 0.5% copper.

	Tonnes (M)	Copper % Grade	Cobalt % Grade	Silver g/t	Copper (000't)	Cobalt (000t)	Silver (000oz)
Kipoi North	5.3	1.36	0.03	8.1	71.6	2.6	1,372
Kileba South	9.5	1.4			133
Total	14.8	1.38			204.6	2.6	1,372

>0.3% Cu

Classification	Category	Tonnes (mt)	Copper (%)	Cobalt (%)	Copper (000't)	Cobalt (000't)
Indicated	Oxide	2.1	1.7	0.1	35	2
	Transitional	0.6	1.5	0.0	9	0
	Fresh	0.4	1.2	0.0	5	0
Total - Indicated		3.1	1.6	0.1	49	2
Inferred	Oxide	1.7	1.4	0.1	23	1
	Transitional	2.4	1.3	0.0	32	1
	Fresh	7.5	1.3	0.0	96	3
Total - Inferred		11.6	1.3	0.0	151	5

 

The Information above that relates to Kipoi Central Mineral Resources is based on a resource estimate compiled by Dr Bielin Shi who is a Member of the Australasian Institute of Mining and Metallurgy (“AusIMM”). Dr Shi of CSA Global Pty Ltd has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to resource estimation to qualify as Competent Persons as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (the “JORC Code”) and to qualify as a “Qualified Person” under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Dr Shi consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.

The Information above that relates to Mineral Resources at Kipoi North is based on resource estimates compiled by Mr Ted Hansen and Mr Rick Adams, both of whom are members of the Australasian Institute of Mining and Metallurgy (“AusIMM”). Mr Hansen and Mr Adams are directors and full time employees of Cube Consulting Pty Ltd. Mr Hansen and Mr Adams each has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (the “JORC Code”) and to qualify as a “Qualified Person” under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Mr Hansen and Mr Adams consent to the inclusion in this report of the matters based on their information in the form and context in which it appears.

The Information above that relates to Mineral Resources at Kileba South is based on information compiled by Dr Simon Dorling, who is a member of the Australian Institute of Geoscientists (“AIG”). Dr Dorling is a full time employee of CSA Global Pty Ltd. Dr Dorling has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the JORC Code and to qualify as a “Qualified Person” under NI 43-101. Dr Dorling consents to the inclusion in this report of the matters based on the information in the form and context in which it appears.