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Chalcopyrite – bornitemineralization replacing a stromatolite: from Kombat Mine

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Asis Far West

New mining area with new shaft

Inferred Resource of 1.7Mt @ 1.93% Cu and 16 g/t Ag (2.15% Cu Eq.)

43-101 Technical Report

Asis West / Kombat Central

Old mining area with 2 old shafts and decline access

Historic Resource* of 0.62Mt @ 2.72% Cu and 26 g/t Ag

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.

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sandstone

Fe-Mn

ore

dolomite

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Rod and Ball Mills Flotation Circuits AFW Shaft Hoist

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Central Pit Area

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Year 1 Year 2

Guchab Deposit#GCDD0001 - 107.75m @ 1.15% Cu, 6.90g/t AgGCDD0005 - 22.20m @ 3.45% Cu, 29.70g/t AgGCDD0011 - 18.85m @ 1.06% Cu, 15.05g/t AgGCDD0014 - 53.10m @ 1.23% Cu, 11.20g/t AgGCDD0015 - 51.85m @ 1.35% Cu, 15.50g/t AgGCDD0025 - 58.62m @ 1.38% Cu, 28.30g/t AgGCDD0019 - 45.65m @ 1.04% Cu, 12.27g/t AgGCDD0039 - 23.15m @ 1.29% Cu, 4.5g/t AgGCDD0045 - 21.86m @ 2.22% Cu, 44.6g/t AgGCDD0046 - 26.40m @ 2.44% Cu, 43.6g/t Ag

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Tschudi Project Reserve 22.5 Mt @

0.87% Cu

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Angola

Botswana

South Africa

Zambia

Kombat Mine

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52 Week Price Performance

$0.00

$0.02

$0.04

$0.06

$0.08

$0.10

$0.12

$0.14

$0.16

$0.18

$0.20

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