"technical resource statement, waterberg project as at … · technical resource statement...

17
Technical Resource Statement Waterberg Project st as at 1 November 2009 IN THIS DOCUMENT: Key Features Location st Summary Resource Statement 1 November 2009 Regional Geology Local Geology Exploration Data Capture Orebody Modelling Resource Calculation Classification Zone Isopach Modelling Location of Resources By Zone Logic Table Comparison of Resource Statements Detailed Resource Statement by Farm st As at 1 November 2009 Minnasvlakte 258 LQ Smitspan 306 LQ Massenberg 305 LQ Hooikraal 315 LQ Vetleegte 304 LQ Swanepoelpan 262 LQ Duikerfontein 263 LQ without prior written permission. Sekoko Resource Statement’09.cdr PAGE 1 of 17 The diagrams and the information herein may not be edited or transmitted in any form or by any means KEY FEATURES LOCATION SCALE: 0 5 km CAPE TOWN JOHANNESBURG DURBAN Limpopo Province Competent Person: Effective Date: Prepared for: Purpose: General Location: License Status: Shareholding: Deposit Type: Mrs Catherine Telfer, B.Sc.Hons (Geol), (DMS) Dip.Bus. Man., Pr.Sci.Nat. MGSSA, MAusIMM. st 1 November 2009. Sekoko Resources (Pty) Ltd. SAMREC Compliant Mineral Resource Statement on Minnasvlakte 258 LQ; Smitspan 306 LQ; Massenberg 305 LQ; Hooikraal 315 LQ; Vetleegte 304 LQ; Swanepoelpan 262 LQ and Duikerfontein 263 LQ. Farms are located approximately 240km from Lephalale and 70km south of the border with Botswana, in the Limpopo Province of South Africa. th New Order Prospecting Right No. 681/2007 (All minerals) over all farms listed above, expiring on 12 October 2010. 70% owned by Sekoko Coal (Pty) Ltd and 30% by Firestone Energy Ltd. Thick interbedded coal seam deposit (SANS 10320:2004 classification) situated in the Waterberg coalfield. PROSPECTING RIGHTS MAP f f f f To Thabazimbi To Thabazimbi To Lephalale To Lephalale To B o t s w a n a To B o t s w a n a To Thabazimbi To Thabazimbi Duikerfontein 263 LQ Swanepoelpan 262 LQ Smitspan 306 LQ Minnasvlakte 258 LQ Hooikraal 315 LQ Massenberg 305 LQ Vetleegte 304 LQ 7 390 000N 7 390 000N 7 380 000N 7 380 000N 540 000E 540 000E 550 000E 550 000E 560 000E 560 000E Grootegeluk Mine Pit Layout (40 years) WATERBERG COAL PROJECT Matimba Power Station Eenzaamheid Fault Farm Boundary Main Road Secondary Road Farm Road Railway Powerline Grootegeluk Mine Grootegeluk Colliery Mining Lease Sekoko’s Waterberg Coal Project LEGEND: LEGEND: Major Roads Major Railways Towns/Cities Power Stations Provincial Boundary *Coalfields Project Area * as per SA Coal Report Minerals Bureau Sept 2007 LOCATION OF THE SEKOKO WATERBERG COAL PROPERTIES IN RELATION TO COALFIELDS IN THE LIMPOPO PROVINCE OF SOUTH AFRICA SCALE: 0 100 km WATERBERG Matimba N 11 BOTSWANA NORTH WEST PROVINCE LIMPOPO Source: Barker’s Coalfields Map of SA SEKOKO’S WATERBERG COAL PROJECT Lephalale Lephalale Thabazimbi Modimolle Bela-Bela Pretoria Pretoria Mokopane

Upload: phungkiet

Post on 08-May-2018

220 views

Category:

Documents


1 download

TRANSCRIPT

Technical Resource Statement

Waterberg Project st

as at 1 November 2009

IN T

HIS

DO

CU

MEN

T:

Key FeaturesLocation

stSummary Resource Statement 1 November 2009Regional GeologyLocal GeologyExplorationData CaptureOrebody ModellingResource Calculation ClassificationZone Isopach Modelling Location of Resources By ZoneLogic Table

Comparison of Resource StatementsDetailed Resource Statement by Farm

stAs at 1 November 2009

Minnasvlakte 258 LQSmitspan 306 LQMassenberg 305 LQHooikraal 315 LQVetleegte 304 LQSwanepoelpan 262 LQDuikerfontein 263 LQ

without prior written permission.

Sekoko Resource Statement’09.cdr

PAGE 1 of 17

The diagrams and the information herein may not be edited or transmitted in any form or by any means

KEY FEATURES

LOCATION

SCALE:0 5 km

CAPE TOWN

JOHANNESBURG

DURBAN

Limpopo Province

Competent Person:

Effective Date:

Prepared for:

Purpose:

General Location:

License Status:

Shareholding:

Deposit Type:

Mrs Catherine Telfer, B.Sc.Hons (Geol), (DMS) Dip.Bus. Man., Pr.Sci.Nat. MGSSA, MAusIMM.st

1 November 2009.

Sekoko Resources (Pty) Ltd.

SAMREC Compliant Mineral Resource Statement on Minnasvlakte 258 LQ; Smitspan 306 LQ; Massenberg 305 LQ;

Hooikraal 315 LQ; Vetleegte 304 LQ; Swanepoelpan 262 LQ and Duikerfontein 263 LQ.

Farms are located approximately 240km from Lephalale and 70km south of the border with Botswana, in the Limpopo

Province of South Africa.th

New Order Prospecting Right No. 681/2007 (All minerals) over all farms listed above, expiring on 12 October 2010.

70% owned by Sekoko Coal (Pty) Ltd and 30% by Firestone Energy Ltd.

Thick interbedded coal seam deposit (SANS 10320:2004 classification) situated in the Waterberg coalfield.

PROSPECTING RIGHTS MAP

ff

ff

To Thabazimbi

To Thabazimbi

To Lephalale

To Lephalale

To B

otsw

ana

To B

otsw

ana

To Thabazimbi

To Thabazimbi

Duikerfontein263 LQ

Swanepoelpan262 LQ

Smitspan306 LQ

Minnasvlakte258 LQ

Hooikraal315 LQ

Massenberg305 LQ

Vetleegte304 LQ

7 3

90

00

0N

7 3

90

00

0N

7 3

80

00

0N

7 3

80

00

0N

540 000E540 000E 550 000E550 000E 560 000E560 000E

Grootegeluk MinePit Layout (40 years)

WATERBERG COAL PROJECT

Matimba Power Station

Eenzaamheid Fault

Farm Boundary

Main Road

Secondary Road

Farm Road

Railway

Powerline

Grootegeluk Mine

Grootegeluk Colliery

Mining Lease

Sekoko’s Waterberg

Coal Project

LEGEND:

LEGEND:

Major Roads

Major Railways

Towns/Cities

Power Stations

Provincial Boundary

*Coalfields

Project Area

* as per SA Coal Report Minerals

Bureau Sept 2007

LOCATION OF THE SEKOKO WATERBERG COAL PROPERTIES IN RELATION TO COALFIELDS IN THE LIMPOPO PROVINCE OF SOUTH AFRICA

SCALE:0 100 km

WATERBERG

Matimba

N11

BOTSWANA

NORTH WESTPROVINCE

LIMPOPO

Source: Barker’s Coalfields Map of SA

SEKOKO’S WATERBERGCOAL PROJECT

LephalaleLephalale

Thabazimbi

Modimolle

Bela-Bela

PretoriaPretoria

Mokopane

without prior written permission.

Sekoko Resource Statement’09.cdr

PAGE 2 of 17

The diagrams and the information herein may not be edited or transmitted in any form or by any means

SEKOKO RESOURCES (PTY) LTD - WATERBERG PROJECTTechnical Resource Statement

stas at 1 November 2009

stSUMMARY RESOURCE STATEMENT 1 NOVEMBER 2009

NOTES:-

Boreholes required to have quality data for consideration of

the borehole densities for classification purposes.

Minimum seam height of 0.5m applied for GTIS.

The Waterberg coal typically occurs interlaminated with

shale, which is difficult to separate during the logging and

sampling process. Therefore, in order to calculate the

tonnage of coal in each zone, rather than the tonnage of the

zone including the rock, each zone was washed at an

RD=1.9 to remove the rock. The zone tonnage was

multiplied by the percent yield (by mass) to derive the coal

tonnage. Note that the coal tonnage has a lower RD than

the zone tonnage, in most cases.

Rounding to 2 significant figures for Measured.

Rounding to 3 significant figures for Indicated and Inferred.

Geological loss percentages are a function of borehole and

fault density.

FARM NAME &

NO.

RESOURCE

CATEGORYZONE

AVE

ZONE

WIDTH

(m)

ZONE AREA

(m2)

ZONE

VOLUME (m3)

ZONE

RAW

RD

(t/m3)

ZONE

TONNAGE (t)

YIELD BY

MASS (%)

@ RD=1.9

COAL RD

(t/m3) @

RD=1.9

COAL GROSS

TONNES IN

SITU

GEOL.

LOSSES

(%)

CALC.

GEOL.

LOSSES (t)

COAL TOTAL

TONNES IN

SITU

Measured All - - - - - - - - - - -

Indicated All 10.32 3,934,670 40,605,797 1.99 80,675,158 33% 1.69 26,507,000 20% 5,301,400 21,201,000

Inferred All 10.13 33,711,768 341,500,214 1.98 675,129,917 34% 1.68 230,687,000 25% 57,671,750 173,012,000

10.15 37,645,912 382,106,011 1.98 755,805,075 34% 1.68 257,194,000 24% 62,973,150 194,213,000

Measured All 9.68 15,662,187 151,609,969 1.97 297,920,158 33% 1.71 97,152,800 10% 9,715,280 87,437,000

Indicated All 9.57 68,460,251 655,164,605 1.98 1,293,977,727 32% 1.71 416,109,000 20% 83,221,800 332,882,000

Inferred All 9.32 16,890,528 157,419,722 1.96 309,160,169 35% 1.71 106,836,000 25% 26,709,000 80,121,000

9.55 100,962,754 964,194,296 1.97 1,901,058,054 33% 1.71 620,097,800 19% 119,646,080 500,440,000

Measured All - - - - - - - - - - -

Indicated All 9.23 3,896,137 35,961,347 1.96 70,483,311 30% 1.73 20,797,000 20% 4,159,400 16,635,000

Inferred All 6.10 23,231,524 141,712,295 1.88 266,551,199 41% 1.71 109,539,000 25% 27,384,750 82,148,000

6.73 26,400,244 177,673,642 1.90 337,034,510 39% 1.71 130,336,000 24% 31,544,150 98,783,000

Measured All - - - - - - - - - - -

Indicated All 8.52 1,339,381 11,411,524 1.93 22,063,069 33% 1.69 7,282,000 40% 2,912,800 4,366,000

Inferred All 8.04 22,661,083 182,195,106 1.85 336,380,962 46% 1.67 155,491,000 50% 77,745,500 77,742,000

8.07 23,990,908 193,606,630 1.85 358,444,031 45% 1.67 162,773,000 50% 80,658,300 82,108,000

Measured All - - - - - - - - - - -

Indicated All 8.78 5,385,825 47,287,545 1.97 93,142,494 31% 1.71 28,873,000 20% 5,774,600 23,095,000

Inferred All 7.92 23,392,536 185,268,888 1.92 356,530,817 37% 1.70 131,303,000 25% 32,825,750 98,473,000

8.09 28,746,160 232,556,433 1.93 449,673,311 36% 1.70 160,176,000 24% 38,600,350 121,568,000

Measured All - - - - - - - - - - -

Indicated All 8.91 184,752 1,646,141 1.93 3,182,809 34% 1.70 1,072,000 20% 214,400 853,000

Inferred All 8.68 70,726,550 613,906,454 2.01 1,236,790,866 31% 1.73 378,227,000 25% 94,556,750 283,666,000

8.68 70,916,198 615,552,595 2.01 1,239,973,675 31% 31.29 379,299,000 25% 94,771,150 284,519,000

Measured All - - - - - - - - - - -

Indicated All - - - - - - - - - - -

Inferred All 6.64 2,435,590 16,172,315 1.87 30,200,385 46% 1.68 13,949,000 25% 3,487,250 10,457,000

6.64 2,435,590 16,172,315 1.87 30,200,385 46% 0.98 13,949,000 25% 3,487,250 10,457,000

8.98 287,512,463 2,581,861,922 1.96 5,072,189,041 34% 2.20 1,723,824,800 25% 431,680,430 1,292,088,000

TOTAL / AVE RESOURCE DUIKERFONTEIN

TOTAL / AVE RESOURCE VETLEEGTE

TOTAL / AVE RESOURCE MASSENBERG

TOTAL / AVE RESOURCE HOOIKRAAL

Minnasvlakte 258

LQ

Smitspan 306 LQ

Massenberg 305 LQ

Hooikraal 315 LQ

Vetleegte 315 LQ

TOTAL / AVE RESOURCE MINNASVLAKTE

TOTAL / AVE RESOURCE SMITSPAN

Swanepoelpan 262

LQ

TOTAL / AVE RESOURCE SWANEPOELPAN

Duikerfontein 263

LQ

TOTAL / AVE RESOURCE FOR WATERBERG

PROJECT (EXCLUDING RECONNAISSANCE)

FARM NAME & NO.RESOURCE

CATEGORYCV (MJkg) ASH (%) VOL. (%) SULPH. (%) MOIST. (%)

Measured - - - - -

Indicated 21.59 29.51 27.24 0.94 2.61

Inferred 21.56 29.58 27.51 0.94 2.54

21.56 29.57 27.48 0.94 2.55

Measured 20.44 32.08 24.37 0.83 2.73

Indicated 21.11 30.79 26.05 0.94 2.75

Inferred 21.48 29.61 26.99 1.02 2.85

21.05 30.83 25.91 0.93 2.76

Measured - - - - -

Indicated 19.60 33.70 22.12 0.71 2.77

Inferred 21.04 29.79 22.09 0.69 2.96

20.80 30.45 22.10 0.69 2.93

Measured - - - - -

Indicated 22.56 25.89 26.64 1.00 3.11

Inferred 22.38 26.63 25.19 0.83 2.78

22.39 26.59 25.27 0.84 2.80

Measured - - - - -

Indicated 22.12 26.52 25.48 0.85 3.55

Inferred 22.47 25.52 24.61 0.77 3.50

22.40 25.71 24.78 0.79 3.51

Measured - - - - -

Indicated 21.49 29.83 25.12 0.82 3.34

Inferred 21.60 28.52 26.65 1.14 3.35

21.60 28.52 26.65 1.14 3.35

Measured - - - - -

Indicated - - - - -

Inferred 21.98 27.17 25.44 0.78 4.20

21.98 27.17 25.44 0.78 4.20

21.45 29.32 25.87 0.94 2.96

TOTAL / AVE RESOURCE DUIKERFONTEIN

TOTAL / AVE RESOURCE VETLEEGTE

TOTAL / AVE RESOURCE MASSENBERG

TOTAL / AVE RESOURCE HOOIKRAAL

Minnasvlakte 258 LQ

Smitspan 306 LQ

Massenberg 305 LQ

Hooikraal 315 LQ

Vetleegte 315 LQ

TOTAL / AVE RESOURCE MINNASVLAKTE

TOTAL / AVE RESOURCE SMITSPAN

Swanepoelpan 262 LQ

TOTAL / AVE RESOURCE SWANEPOELPAN

Duikerfontein 263 LQ

AIR DRIED QUALITIES AT RD = 1.9

TOTAL / AVE RESOURCE FOR WATERBERG

PROJECT (EXCLUDING RECONNAISSANCE)

without prior written permission.

Sekoko Resource Statement’09.cdr

PAGE 3 of 17

The diagrams and the information herein may not be edited or transmitted in any form or by any means

SEKOKO RESOURCES (PTY) LTD - WATERBERG PROJECTTechnical Resource Statement

stas at 1 November 2009

REGIONAL GEOLOGY EXPLORATION

The Waterberg Coalfield is located west of Lephalale in the Limpopo Province

of South Africa, and also extends westwards into Botswana. It has vast in situ

resources of coal stratigraphically subdivided into a Lower Coal Sequence and

an Upper Coal Sequence. The Lower Coal Sequence is comprised of discrete

units of coal named sequentially from the base upwards, as Zones 1, 2, 3, 4A

and 4. The Upper Coal Zone is less well defined, extensively mixed with clays

and other mineral matter, and is named sequentially from Zone 5 upwards to

Zone 11. These zones are interlaminated with carbonaceous mudstone,

siltstone with minor sandstone layers at the base. As a result the coal yields

from these zones are low.

Several major faults occur within the coalfield with throws of up to 300m. These

have divided the field into as series of distinct blocks, with some upfaulted

blocks experiencing the removal of the upper coal zones, . by weathering

Both the Lower and Upper Coal Sequences are present within Sekoko's Waterberg Project, to varying extents. Significant structures are present with the amount

of fault related disturbances increasing towards the south. There is a dominant east/west fault direction with fault throws varying from 10m in the north to as much

as 130m in the south. The presence of the zones is directly related to the faulting and the subsequent erosion of the upper zones in the southern farms.

LOCAL GEOLOGY

Historical boreholes were obtained from the Council from Geoscience's drilling

database for an initial assessment of the potential of the area. Between 2007 st

and 2008, Sekoko drilled and sampled additional boreholes. As at 1

November 2009, 178 boreholes were available, with 82 of these having quality

results. All boreholes were logged and sampled by suitably qualified

independent geologists.

GR

OO

TE

GE

LU

K F

OR

MA

TIO

NV

RY

HE

ID F

OR

MA

TIO

N

FORM-

ATION

Zone 11

Zone 10

Zone 9

Zone 8

Zone 7

Zone 6

Zone 5

Interbeds

Zone 4

Interbeds

Zone 4A

Interbeds

Zone 3

Interbeds

Zone 2

ZONE

Overburden

SCALE 1:500 SAMPLE NO’S

23BS

6

1D

9

14

18

21

22E

29

31

ToFrom

LO

WE

R C

OA

L S

EQ

UE

NC

EU

PP

ER

CO

AL S

EQ

UE

NC

E

1A

2

7

10

15

19

22A

23

23AS

24S

25

30

22FS

24

STRATIGRAPHIC COLUMN OF THE WATERBERG COALFIELD AND SEKOKO SAMPLING NOMENCLATURE

ff

ff

-2 6

25

00

0-2

62

0 0

00

-2 6

15

00

0-2

61

0 0

00 40 000 45 00035 000

Minnasvlakte

Smitspan

Massenberg

Hooikraal

Vetleegte

Swanepoelpan

Duikerfontein

Eenzaamheid Fault

SCALE:0 5 km

EXPLORATION LOCATION OF BOREHOLES AND FAULTS

LEGEND:

Sekoko’s Waterberg

Coal Project

New borehole

Quality data

Historical Borehole

Fault

Throw (m)10

FARM NAME & NO. WITHOUT QUALITY WITH QUALITY TOTAL NO. B/Hs

Minnasvlakte 258 LQ 4 2 6

Smitspan 306 LQ 42 55 97

Massenberg 305 LQ 18 5 23

Hooikraal 315 LQ 16 3 19

Vetleegte 304 LQ 9 13 22

Swanepoelpan 262 LQ 2 1 3

Duikerfontein 263 LQ 0 0 0

Other 5 3 8

TOTAL 96 82 178

EXPLORATION STATUS AS AT 1 NOVEMBER 2009

without prior written permission.

Sekoko Resource Statement’09.cdr

PAGE 4 of 17

The diagrams and the information herein may not be edited or transmitted in any form or by any means

SEKOKO RESOURCES (PTY) LTD - WATERBERG PROJECTTechnical Resource Statement

stas at 1 November 2009

DATA CAPTURE

OREBODY MODELLING

RESOURCE CALCULATION CLASSIFICATION

The modelled coal isopachs for each of the zones, for all the farms comprising

the Waterberg Project, are illustrated in the figures overleaf.

As described in the geology section above, the coal zones are extensively

interlaminated with primarily shales and mudstones. Therefore, in order to

identify the coal resource only within the zone, a wash at an RD=1.9 was

carried out on the samples. This effectively removed the rock fraction from the

coal.

All coal resources were categorised using the SAMREC Code and the SANS

10320:2004 method of classification for thick interbedded coal deposits. The

SANS scheme utilises the distance between boreholes as the defining factor

between the classification of Measured, Indicated and Inferred Resources and

Reconnaissance occurrences, as per the following table:-

This scheme is to be applied only to those boreholes which have quality data.

According to SANS, coal is to be quoted according to the following definitions:-

3D MODELLING SHOWING VETLEEGTE AND HOOIKRAALLOOKING SOUTH

-2 622 000-2 622 000 -2 620 000-2 620 000 -2 618 000-2 618 000 -2 616 000-2 616 000

3D MODELLING SHOWING MASSENBERG, SMITSPAN AND MINNASVLAKTE LOOKING NORTH

-2 616 000-2 616 000 -2 614 000-2 614 000 -2 612 000-2 612 000

3D MODELLING SHOWING ALL ZONES-2 624 000-2 624 000 -2 622 000-2 622 000 -2 620 000-2 620 000 -2 618 000-2 618 000 -2 616 000-2 616 000 -2 614 000-2 614 000 -2 612 000-2 612 000 -2 610 000-2 610 000

Minnasvlakte

Smitspan

Massenberg

HooikraalVetleegte

LEGEND - ZONES:

11

10

9

8

7

6

4

4A

3

2

1

5

All borehole logs and laboratory results were captured into a Sable Software database. Standard data verification exercises were carried out by the company in

order to validate the data.

Orebody modelling was carried out by Sound

Mining Solutions (Pty) Ltd (SMS) under the

direct guidance of Venmyn. Modelling was

carried out using

The volumes, densities (at a

wash of RD=1.9) and quality data (at a wash of

RD=1.9) were modelled across the five farms,

using the inverse distance squared method of

estimation. Additional boreholes situated

outside the farm were also included for

modelling purposes.

recent and historical

boreholes to derive the 3D geological and

structural model.

The borehole additional information has enabled the modelling of Zones 6-11 in the south to be carried out separately. Multigrade estimations were performed on

un-faulted blocks in Datamine, using a process called Estima, using all the boreholes with quality data. The only cut-off applied to the coal was 0.5m minimum

thickness limit, as required by SANS. A wireframe for each zone was created and in-filled in Datamine to from a block model. The block size was set at a miximum

of 100m x 100m x zone height. Further details of the modelling can be found in SMS's report.

RESOURCE

CATEGORY

MAX DISTANCE

BETWEEN B/H (m)

Measured 350

Indicated 1,000

Inferred 3,000

Reconnaissance 4,000

8 b/h per 100ha

1 b/h per 100ha

1 b/h per 1,000ha

1 b/h per 1,600ha

NO. B/H PER Ha

FOR THICK INTERBEDDED SEAM DEPOSIT (<65% Ash)

The modelled volume of the zone (coal and rock) was multiplied by the coal

yield percentage (@ RD=1.9) in order to calculated the volume of coal. This

coal volume was then multiplied by the density of the coal (@ RD=) in order to

derive the coal tonnage or Gross Tonnes in Situ. This coal tonnage was finally

reduced by the geological losses to obtain the Total Tonnes in Situ. The

geological losses were selected based upon the density of the drilling and the

structures within the area in question. The classification was based strictly

upon search radii from the boreholes according to the SANS specifications.

The classification by zone for the farms is illustrated in the figures to follow.

RESOURCE CATEGORY ABBREVIATION

Gross Tonnes In Situ GTIS

Total Tonnes In Situ TTIS

Mineable Tonnes In Situ MTIS

Full seam thickness, >0.5m.

QUALIFICATION

Full seam thickness, less geological losses.

Theoretical mineable thickness, geological

losses, depth cut-off, strip ratio cut-off.

without prior written permission.

Sekoko Resource Statement’09.cdr

PAGE 5 of 17

The diagrams and the information herein may not be edited or transmitted in any form or by any means

SEKOKO RESOURCES (PTY) LTD - WATERBERG PROJECTTechnical Resource Statement

stas at 1 November 2009

ZONE ISOPACH MODELLING

CO

AL

ZO

NE

11

CO

AL

ZO

NE

9C

OA

L Z

ON

E 1

0

CO

AL

ZO

NE

8C

OA

L Z

ON

E 6

CO

AL

ZO

NE

7

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40

00

04

0 0

00

45 0

00

45 0

00

35 0

00

35

00

0

Min

nasvla

kte

Sm

itsp

an

Ma

ss

en

be

rg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40

00

040 0

00

45 0

00

45

00

03

5 0

00

35

00

0

Min

nasvla

kte

Sm

itsp

an

Ma

ss

en

be

rg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40 0

00

40 0

00

45 0

00

45 0

00

35

00

03

5 0

00

Min

nasvla

kte

Sm

its

pa

n

Massen

berg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40

00

04

0 0

00

45 0

00

45 0

00

35 0

00

35

00

0

Min

nasvla

kte

Sm

itsp

an

Ma

ss

en

be

rg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40

00

040 0

00

45 0

00

45

00

03

5 0

00

35

00

0

Min

nasvla

kte

Sm

itsp

an

Ma

ss

en

be

rg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40 0

00

40 0

00

45 0

00

45 0

00

35

00

03

5 0

00

Min

nasvla

kte

Sm

its

pa

n

Massen

berg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

LE

GE

ND

- Z

ON

E T

HIC

KN

ES

S (

m)

< 0

.50

0.5

0 to 1

.00

1.0

0 to 1

.50

1.5

0 to 2

.00

2.0

0 to 3

.00

3.0

0 to 4

.00

4.0

0 to 5

.00

5.0

0 to 1

0.0

0

10.0

0 to 1

5.0

0

15.0

0 to 2

0.0

0

>=

20

.00

SC

AL

E:

05

km

without prior written permission.

Sekoko Resource Statement’09.cdr

PAGE 6 of 17

The diagrams and the information herein may not be edited or transmitted in any form or by any means

SEKOKO RESOURCES (PTY) LTD - WATERBERG PROJECTTechnical Resource Statement

stas at 1 November 2009

CO

AL

ZO

NE

5C

OA

L Z

ON

E 4

CO

AL

ZO

NE

4A

CO

AL

ZO

NE

3C

OA

L Z

ON

E 1

CO

AL

ZO

NE

2

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40

00

04

0 0

00

45 0

00

45 0

00

35 0

00

35

00

0

Min

nasvla

kte

Sm

itsp

an

Ma

ss

en

be

rg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40

00

040 0

00

45 0

00

45

00

03

5 0

00

35

00

0

Min

nasvla

kte

Sm

itsp

an

Ma

ss

en

be

rg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40 0

00

40 0

00

45 0

00

45 0

00

35

00

03

5 0

00

Min

nasvla

kte

Sm

its

pa

n

Massen

berg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40

00

04

0 0

00

45 0

00

45 0

00

35 0

00

35

00

0

Min

nasvla

kte

Sm

itsp

an

Ma

ss

en

be

rg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40

00

040 0

00

45 0

00

45

00

03

5 0

00

35

00

0

Min

nasvla

kte

Sm

itsp

an

Ma

ss

en

be

rg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40 0

00

40 0

00

45 0

00

45 0

00

35

00

03

5 0

00

Min

nasvla

kte

Sm

its

pa

n

Massen

berg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

LE

GE

ND

- Z

ON

E T

HIC

KN

ES

S (

m)

< 0

.50

0.5

0 to 1

.00

1.0

0 to 1

.50

1.5

0 to 2

.00

2.0

0 to 3

.00

3.0

0 to 4

.00

4.0

0 to 5

.00

5.0

0 to 1

0.0

0

10.0

0 to 1

5.0

0

15.0

0 to 2

0.0

0

>=

20

.00

SC

AL

E:

05

km

without prior written permission.

Sekoko Resource Statement’09.cdr

PAGE 7 of 17

The diagrams and the information herein may not be edited or transmitted in any form or by any means

SEKOKO RESOURCES (PTY) LTD - WATERBERG PROJECTTechnical Resource Statement

stas at 1 November 2009

CO

AL

ZO

NE

11

CO

AL

ZO

NE

9C

OA

L Z

ON

E 1

0

CO

AL

ZO

NE

8C

OA

L Z

ON

E 6

CO

AL

ZO

NE

7

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40

00

04

0 0

00

45 0

00

45 0

00

35 0

00

35

00

0

Min

nasvla

kte

Sm

itsp

an

Ma

ss

en

be

rg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40

00

040 0

00

45 0

00

45

00

03

5 0

00

35

00

0

Min

nasvla

kte

Sm

itsp

an

Ma

ss

en

be

rg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40 0

00

40 0

00

45 0

00

45 0

00

35

00

03

5 0

00

Min

nasvla

kte

Sm

its

pa

n

Massen

berg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40

00

04

0 0

00

45 0

00

45 0

00

35 0

00

35

00

0

Min

nasvla

kte

Sm

itsp

an

Ma

ss

en

be

rg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40

00

040 0

00

45 0

00

45

00

03

5 0

00

35

00

0

Min

nasvla

kte

Sm

itsp

an

Ma

ss

en

be

rg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40 0

00

40 0

00

45 0

00

45 0

00

35

00

03

5 0

00

Min

nasvla

kte

Sm

its

pa

n

Massen

berg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

SC

AL

E:

LE

GE

ND

- Z

ON

E C

LA

SS

IFIC

AT

ION

Me

asu

red

Indic

ate

d

Infe

rred

Re

co

nn

ais

an

ce

SC

AL

E:

05 k

m

LOCATION OF RESOURCES BY ZONE

without prior written permission.

Sekoko Resource Statement’09.cdr

PAGE 8 of 17

The diagrams and the information herein may not be edited or transmitted in any form or by any means

SEKOKO RESOURCES (PTY) LTD - WATERBERG PROJECTTechnical Resource Statement

stas at 1 November 2009

CO

AL

ZO

NE

5C

OA

L Z

ON

E 4

CO

AL

ZO

NE

4A

CO

AL

ZO

NE

3C

OA

L Z

ON

E 1

CO

AL

ZO

NE

2

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40

00

04

0 0

00

45 0

00

45 0

00

35 0

00

35

00

0

Min

nasvla

kte

Sm

itsp

an

Ma

ss

en

be

rg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40 0

00

40 0

00

45 0

00

45

00

035 0

00

35 0

00

Min

nasvla

kte

Sm

itsp

an

Ma

ss

en

be

rg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40 0

00

40 0

00

45 0

00

45 0

00

35

00

03

5 0

00

Min

nasvla

kte

Sm

its

pa

n

Massen

berg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40

00

04

0 0

00

45 0

00

45 0

00

35 0

00

35

00

0

Min

nasvla

kte

Sm

itsp

an

Ma

ss

en

be

rg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40

00

040 0

00

45 0

00

45

00

03

5 0

00

35

00

0

Min

nasvla

kte

Sm

itsp

an

Ma

ss

en

be

rg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

ffff

-2 625 000 -2 625 000-2 620 000 -2 620 000-2 615 000 -2 615 000-2 610 000 -2 610 000

40 0

00

40 0

00

45 0

00

45 0

00

35

00

03

5 0

00

Min

nasvla

kte

Sm

its

pa

n

Massen

berg

Ho

oik

raal

Ve

tleeg

te

Sw

an

ep

oelp

an

Du

ikerf

on

tein

Ee

nza

am

he

id F

au

lt

LE

GE

ND

- Z

ON

E C

LA

SS

IFIC

AT

ION

Me

asu

red

Indic

ate

d

Infe

rred

Re

co

nn

ais

an

ce

SC

AL

E:

05 k

m

without prior written permission.

Sekoko Resource Statement’09.cdr

PAGE 9 of 17

The diagrams and the information herein may not be edited or transmitted in any form or by any means

SEKOKO RESOURCES (PTY) LTD - WATERBERG PROJECTTechnical Resource Statement

stas at 1 November 2009

LOGIC TABLE

This logic table summarises the information and method used for the classification:-R

ES

OU

RC

E

CA

TE

GO

RY

SA

MR

EC

RE

QU

IRE

ME

NT

S

Hig

hle

ve

lo

fco

nfid

en

ce

with

resp

ect

to:-

Vo

lum

e

De

nsitie

s

Sh

ap

e

Ph

ysic

al ch

ara

cte

ristics

Co

al Q

ua

lity

8 b

/h p

er

10

0h

a8

b/h

per

10

0h

a8

b/h

pe

r 1

00

ha

8 b

/h p

er

10

0h

a8

b/h

per

10

0h

a8

b/h

pe

r 10

0h

a8

b/h

pe

r 1

00

ha

35

0m

btn

b/h

35

0m

btn

b/h

35

0m

btn

b/h

35

0m

btn

b/h

35

0m

btn

b/h

35

0m

btn

b/h

35

0m

btn

b/h

8 b

/h p

er

10

0h

a8

b/h

pe

r 1

00

ha

8 b

/h p

er

10

0h

a8

b/h

pe

r 1

00

ha

8 b

/h p

er

10

0h

a8

b/h

pe

r 1

00

ha

8 b

/h p

er

10

0h

a

35

0m

btn

b/h

35

0m

btn

b/h

35

0m

btn

b/h

35

0m

btn

b/h

35

0m

btn

b/h

35

0m

btn

b/h

35

0m

btn

b/h

Mo

de

rate

leve

lo

fco

nfid

en

ce

with

resp

ect

to:-

Vo

lum

e

De

nsitie

s

Sh

ap

e

Ph

ysic

al ch

ara

cte

ristics

Co

al Q

ua

lity

1 b

/h p

er

10

0h

a1

b/h

per

10

0h

a1

b/h

pe

r 1

00

ha

1 b

/h p

er

10

0h

a1

b/h

per

10

0h

a1

b/h

pe

r 10

0h

a1

b/h

pe

r 1

00

ha

1,0

00

m b

tn b

/h1

,00

0m

btn

b/h

1,0

00

m b

tn b

/h1

,00

0m

btn

b/h

1,0

00

m b

tn b

/h1

,00

0m

btn

b/h

1,0

00

m b

tn b

/h

1 b

/h p

er

10

0h

a1

b/h

pe

r 1

00

ha

1 b

/h p

er

10

0h

a1

b/h

pe

r 1

00

ha

1 b

/h p

er

10

0h

a1

b/h

pe

r 1

00

ha

1 b

/h p

er

10

0h

a

1,0

00

m b

tn b

/h1

,00

0m

btn

b/h

1,0

00

m b

tn b

/h1

,00

0m

btn

b/h

1,0

00

m b

tn b

/h1

,00

0m

btn

b/h

1,0

00

m b

tn b

/h

Lo

wle

ve

lo

fco

nfid

en

ce

with

resp

ect

to:-

Vo

lum

e (

To

nn

ag

e)

De

nsitie

s

Sh

ap

e

Ph

ysic

al ch

ara

cte

ristics

Co

al Q

ua

lity

1 b

/h p

er

1,0

00

ha

1 b

/h p

er

1,0

00

ha

1 b

/h p

er

1,0

00

ha

1 b

/h p

er

1,0

00

ha

1 b

/h p

er

1,0

00

ha

1 b

/h p

er

1,0

00

ha

1 b

/h p

er

1,0

00

ha

3,0

00

m b

tn b

/h3

,00

0m

btn

b/h

3,0

00

m b

tn b

/h3

,00

0m

btn

b/h

3,0

00

m b

tn b

/h3

,00

0m

btn

b/h

3,0

00

m b

tn b

/h

1 b

/h p

er

1,0

00

ha

1 b

/h p

er

1,0

00

ha

1 b

/h p

er

1,0

00

ha

1 b

/h p

er

1,0

00

ha

1 b

/h p

er

1,0

00

ha

1 b

/h p

er

1,0

00

ha

1 b

/h p

er

1,0

00

ha

3,0

00

m b

tn b

/h3

,00

0m

btn

b/h

3,0

00

m b

tn b

/h3

,00

0m

btn

b/h

3,0

00

m b

tn b

/h3

,00

0m

btn

b/h

3,0

00

m b

tn b

/h

CO

NC

LU

SIO

NIn

dic

ate

d a

nd

In

ferr

ed

Ind

ica

ted

an

d I

nfe

rre

dM

ea

su

red

, In

dic

ate

d a

nd

Infe

rred

Infe

rred

Ba

se

du

po

nre

su

lts

of

6b

/h,

of

wh

ich

2h

ad

qu

alit

yd

ata

.

Mo

de

lled

inD

ata

min

eu

sin

g

the

Inve

rse

Dis

tan

ce

Sq

ua

red

me

tho

do

f

estim

atio

n.

Ba

se

du

po

nre

su

lts

of

97

b/h

,o

fw

hic

h5

5h

ad

qu

alit

y

da

ta.

Mo

de

lled

inD

ata

min

e

usin

gth

eIn

ve

rse

Dis

tan

ce

Sq

ua

red

me

tho

do

f

estim

atio

n.

Co

nfirm

ed

ph

ysic

al

co

ntin

uity

of

co

al

Co

nfirm

ed

qu

alit

yco

ntin

uity

of

co

al

Ba

se

du

po

nre

su

lts

of

19

b/h

,o

fw

hic

h3

ha

dq

ua

lity

da

ta.

Mo

de

lled

inD

ata

min

e

usin

gth

eIn

vers

eD

ista

nce

Sq

ua

red

me

tho

do

f

estim

atio

n.

Ye

s

Ye

s

Ye

sYe

s

Ye

sYe

s

Ye

s

Ye

s

Ba

se

du

po

nre

su

lts

of

23

b/h

,o

fw

hic

h5

ha

dq

ua

lity

da

ta.

Mo

de

lled

inD

ata

min

e

usin

gth

eIn

ve

rse

Dis

tan

ce

Sq

ua

red

me

tho

do

f

estim

atio

n.

HO

OIK

RA

AL

Insu

ffic

ien

t b

ore

ho

les No

No

Ind

ica

ted

Ba

se

du

po

nre

su

lts

of

6b

/h,

of

wh

ich

2h

ad

qu

alit

yd

ata

.

Mo

de

lled

inD

ata

min

eu

sin

g

the

Inve

rse

Dis

tan

ce

Sq

ua

red

me

tho

do

f

estim

atio

n.

Co

nfirm

ed

ph

ysic

al

co

ntin

uity

of

co

al

Co

nfirm

ed

qu

alit

yco

ntin

uity

of

co

al

MIN

NA

SV

LA

KT

E

Me

asu

red

Co

nfirm

ed

ph

ysic

al

co

ntin

uity

of

co

al

Co

nfirm

ed

qu

alit

yco

ntin

uity

of

co

al

Ba

se

du

po

nre

su

lts

of

23

b/h

,o

fw

hic

h5

ha

dq

ua

lity

da

ta.

Mo

de

lled

inD

ata

min

e

usin

gth

eIn

ve

rse

Dis

tan

ce

Sq

ua

red

me

tho

do

f

estim

atio

n.

Ba

se

du

po

nre

su

lts

of

97

b/h

,o

fw

hic

h5

5h

ad

qu

alit

y

da

ta.

Mo

de

lled

inD

ata

min

e

usin

gth

eIn

ve

rse

Dis

tan

ce

Sq

ua

red

me

tho

do

f

estim

atio

n.

Ye

s

Ye

s

Ye

s

Insu

ffic

ien

t b

ore

ho

les

Insu

ffic

ien

t b

ore

ho

les

No

No

No

No

Ye

s

MA

SS

EN

BE

RG

Ba

se

du

po

nre

su

lts

of

97

b/h

,o

fw

hic

h5

5h

ad

qu

alit

y

da

ta.

Mo

de

lled

inD

ata

min

e

usin

gth

eIn

ve

rse

Dis

tan

ce

Sq

ua

red

me

tho

do

f

estim

atio

n.

VE

TL

EE

GT

E

Insu

ffic

ien

t b

ore

ho

les No

No

Ind

ica

ted

an

d I

nfe

rre

d

Ye

s

SM

ITS

PA

N

Ba

se

du

po

nre

su

lts

of

19

b/h

,o

fw

hic

h3

ha

dq

ua

lity

da

ta.

Mo

de

lled

inD

ata

min

e

usin

gth

eIn

vers

eD

ista

nce

Sq

ua

red

me

tho

do

f

estim

atio

n.

Ye

s

Ye

s

Ye

s

DU

IKE

RF

ON

TE

IN

Insu

ffic

ien

t b

ore

ho

les No

No

Insu

ffic

ien

t b

ore

ho

les

ME

AS

UR

ED

CO

AL

RE

SO

UR

CE

S

IND

ICA

TE

D C

OA

L R

ES

OU

RC

ES

Ind

ica

ted

an

d In

ferr

ed

Ye

s

Ye

s

Ba

se

du

po

nre

su

lts

of

4b

/h,

of

wh

ich

2h

ad

qu

alit

yd

ata

.

Mo

de

lled

inD

ata

min

eu

sin

g

the

Inve

rse

Dis

tan

ce

Sq

ua

red

me

tho

do

f

estim

atio

n.

Ye

s

Ye

s

SW

AN

EP

OE

LP

AN

Insu

ffic

ien

t b

ore

ho

les No

No

Ba

se

du

po

nre

su

lts

of

4b

/h,

of

wh

ich

2h

ad

qu

alit

yd

ata

.

Mo

de

lled

inD

ata

min

eu

sin

g

the

Inve

rse

Dis

tan

ce

Sq

ua

red

me

tho

do

f

estim

atio

n.

Ye

s

Ind

ica

ted

an

d In

ferr

ed

Ba

se

du

po

nre

su

lts

of

22

b/h

,o

fw

hic

h1

3h

ad

qu

alit

y

da

ta.

Mo

de

lled

inD

ata

min

e

usin

gth

eIn

ve

rse

Dis

tan

ce

Sq

ua

red

me

tho

do

f

estim

atio

n.

Ye

s

Infe

rred

No

No

Ba

se

du

po

nre

su

lts

of

4b

/h

on

ad

jace

nt

farm

s,

of

wh

ich

2h

ad

qu

alit

yd

ata

.

Mo

de

lled

inD

ata

min

eu

sin

g

the

Inve

rse

Dis

tan

ce

Sq

ua

red

me

tho

do

f

estim

atio

n.

Ye

s

Ye

s

INF

ER

RE

D C

OA

L R

ES

OU

RC

ES

Ye

s

Ba

se

du

po

nre

su

lts

of

22

b/h

,o

fw

hic

h1

3h

ad

qu

alit

y

da

ta.

Mo

de

lled

inD

ata

min

e

usin

gth

eIn

ve

rse

Dis

tan

ce

Sq

ua

red

me

tho

do

f

estim

atio

n.

Ye

s

Ye

s

Ye

s

LE

GE

ND

:

Does n

ot m

eet re

quirem

ent

without prior written permission.

Sekoko Resource Statement’09.cdr

PAGE 10 of 17

The diagrams and the information herein may not be edited or transmitted in any form or by any means

SEKOKO RESOURCES (PTY) LTD - WATERBERG PROJECTTechnical Resource Statement

stas at 1 November 2009

COMPARISON OF MARCH 2009 AND NOVEMBER 2009 RESOURCE STATEMENTS

C.A.TELFERB.Sc. Hons (Geol), (DMS) Dip Bus Man, Pr. Sci. Nat., MGSSA, AusIMM DIRECTOR

FARM NAME & NO.RESOURCE / OCCURENCE

CATEGORY

COAL TOTAL

TONNES IN SITU

(Mar 09)

COAL TOTAL

TONNES IN SITU

(Nov 09)

DIFFERENCE IN

COAL TOTAL

TONNES IN SITU

Measured 0 0 0

Indicated 40,868,000 21,201,000 -19,667,000

Inferred 169,406,000 173,012,000 3,606,000

Reconnaissance 66,650,000 57,930,000 -8,720,000

276,924,000 252,143,000 -24,781,000

210,274,000 194,213,000 -16,061,000

Measured 0 87,437,000 87,437,000

Indicated 432,961,000 332,882,000 -100,079,000

Inferred 112,701,000 80,121,000 -32,580,000

Reconnaissance 0 0 0

545,662,000 500,440,000 -45,222,000

545,662,000 500,440,000 -45,222,000

Measured 0 0 0

Indicated 11,235,000 16,635,000 5,400,000

Inferred 33,718,000 82,148,000 48,430,000

Reconnaissance 10,620,000 10,710,000 90,000

55,573,000 109,493,000 53,920,000

44,953,000 98,783,000 53,830,000

Measured 0 0 0

Indicated 12,640,000 4,366,000 -8,274,000

Inferred 37,152,000 77,742,000 40,590,000

Reconnaissance 14,980,000 19,960,000 4,980,000

64,772,000 102,068,000 37,296,000

49,792,000 82,108,000 32,316,000

Measured 0 0 0

Indicated 0 23,095,000 23,095,000

Inferred 0 98,473,000 98,473,000

Reconnaissance 0 163,000 163,000

0 121,731,000 121,731,000

0 121,568,000 121,568,000

Measured 0 0 0

Indicated 0 853,000 853,000

Inferred 0 283,666,000 283,666,000

Reconnaissance 0 33,503,000 33,503,000

0 318,022,000 318,022,000

0 284,519,000 284,519,000

Measured 0 0 0

Indicated 0 0 0

Inferred 0 10,457,000 10,457,000

Reconnaissance 0 27,438,000 27,438,000

0 37,895,000 37,895,000

0 10,457,000 10,457,000

942,931,000 1,441,792,000 498,861,000

850,681,000 1,292,088,000 441,407,000

100.0%

100.0%

52.9%

51.9%

119.7%

57.6%

64.9%

100.0%

100.0%

-8.9%

-7.6%

-8.3%

-8.3%

97.0%

PERCENTAGE CHANGE AND

NOTES

TOTAL HOOIKRAAL (Excl Rec)

TOTAL VETLEEGTE (Incl Rec)

Extent of Zone 4A was reduced.

Average yield at RD=1.9 decreased

by 4%.

Average yield at RD=1.9 decreased

by 4%. Upgrade of classification.

Significant additional extent of Zones

5, Zone 4A, Zone 3, Zone 2 and

Zone 1. Average yield at RD=1.9

increased by 8%.

Additional extent of Zones 11, 10, 9,

8, 7, 6, 5 and 4A. Average yield at

RD=1.9 decreased by 30%.

Included in 3D model and resource

derivations strictly according to

SANS borehole densities.

TOTAL VETLEEGTE (Excl Rec)

GRAND TOTAL WATERBERG PROJECT (Incl Rec)

Minnasvlakte 258 LQ

Smitspan 306 LQ

Massenberg 305 LQ

Hooikraal 315 LQ

Vetleegte 304 LQ

GRAND TOTAL WATERBERG PROJECT (Excl Rec)

TOTAL MASSENBERG (Excl Rec)

TOTAL HOOIKRAAL (Incl Rec)

TOTAL MINNASVLAKTE (Incl Rec)

TOTAL SMITSPAN (Incl Rec)

TOTAL MASSENBERG (Incl Rec)

TOTAL MINNASVLAKTE (Excl Rec)

TOTAL SMITSPAN (Excl Rec)

Swanepoelpan 262 LQ

TOTAL DUIKERFONTEIN (Incl Rec)

TOTAL DUIKERFONTEIN (Excl Rec)

Included in 3D model and resource

derivations strictly according to

SANS borehole densities.

TOTAL SWANEPOELPAN (Incl Rec)

TOTAL SWANEPOELPAN (Excl Rec)

Duikerfontein 263 LQ

Included in 3D model and resource

derivations strictly according to

SANS borehole densities.

100.0%

100.0%

The additional drill and laboratory results have been included into the Datamine model and this model has been updated accordingly. This has enabled the

upgrading of the resource classification in certain areas, with particular reference to 87Mt of Measured Resources on Smitspan. The modified model has resulted

in a decrease in tonnage on some farms. Vetleegte, Swanepoelpan and Duikerfontein have been included in the 3d Datamine model for the first time and these

have contributed 416Mt to the resource statement.

without prior written permission.

Sekoko Resource Statement’09.cdr

PAGE 11 of 17

The diagrams and the information herein may not be edited or transmitted in any form or by any means

SEKOKO RESOURCES (PTY) LTD - WATERBERG PROJECTTechnical Resource Statement

stas at 1 November 2009

stDETAILED RESOURCE STATEMENT AS 1 NOVEMBER 2009 - MINNASVLAKTE 258 LQ

FA

RM

NA

ME

&

NO

.

RE

SO

UR

CE

/

OC

CU

RR

EN

CE

CA

TE

GO

RY

ZO

NE

AV

E Z

ON

E

WID

TH

(m

)

ZO

NE

AR

EA

(m2)

ZO

NE

VO

LU

ME

(m3)

ZO

NE

RA

W

RD

(t/

m3)

ZO

NE

TO

NN

AG

E (

t)

YIE

LD

BY

MA

SS

(%

)

@ R

D=

1.9

CO

AL

RD

(t/m

3)

@

RD

=1.9

GR

OS

S

TO

NN

ES

IN

SIT

U

GE

OL

.

LO

SS

ES

(%)

CA

LC

UL

AT

ED

GE

OL

OG

ICA

L

LO

SS

ES

(t)

TO

TA

L

TO

NN

ES

IN

SIT

U

CV

(MJkg

)A

SH

(%

)V

OL

.

(%)

SU

LP

H.

(%)

MO

IST.

(%)

--

--

--

--

--

--

--

--

6.9

64

14

,91

42

,88

7,8

04

2.0

35

,86

2,2

42

33

%1

.67

1,9

34

,00

03

86

,80

01

,54

7,0

00

23

.31

25

.08

31

.63

1.7

53

.00

11

.57

41

5,0

72

4,8

02

,38

81

.83

8,7

88

,37

06

3%

1.6

75

,53

6,0

00

1,1

07

,20

04

,42

8,0

00

21

.79

29

.24

29

.19

1.1

72

.65

7.6

64

12

,71

73

,16

1,4

14

2.1

36

,73

3,8

12

20

%1

.71

1,3

46

,00

02

69

,20

01

,07

6,0

00

21

.14

30

.91

30

.67

1.2

82

.51

11

.59

41

3,8

46

4,7

96

,47

01

.93

9,2

57

,18

74

5%

1.6

94

,16

5,0

00

83

3,0

00

3,3

32

,00

02

1.1

93

0.4

82

8.7

00

.80

2.4

5

9.1

34

15

,47

53

,79

3,2

91

1.8

77

,09

3,4

54

52

%1

.69

3,6

88

,00

07

37

,60

02

,95

0,0

00

22

.31

27

.51

28

.95

0.9

42

.58

8.0

04

05

,58

73

,24

4,6

96

2.1

46

,94

3,6

49

10

%1

.74

69

4,0

00

13

8,8

00

55

5,0

00

19

.05

36

.66

27

.19

0.9

92

.19

14

.23

41

2,3

65

5,8

67

,95

42

.09

12

,26

4,0

24

16

%1

.71

1,9

62

,00

03

92

,40

01

,56

9,0

00

19

.91

33

.66

26

.93

0.6

32

.21

14

.77

39

1,0

13

5,7

75

,26

92

.12

12

,24

3,5

70

13

%1

.75

1,5

91

,00

03

18

,20

01

,27

2,0

00

18

.08

38

.31

21

.61

0.5

42

.08

7.7

93

86

,40

23

,01

0,0

70

2.0

06

,02

0,1

40

27

%1

.71

1,6

25

,00

03

25

,00

01

,30

0,0

00

20

.81

31

.10

22

.47

0.4

63

.24

1.8

84

11

,14

57

72

,95

21

.60

1,2

36

,72

37

7%

1.6

89

52

,00

01

90

,40

07

61

,00

02

4.7

02

1.4

02

4.2

70

.86

3.1

8

4.4

74

15

,19

21

,85

5,9

08

1.7

13

,17

3,6

03

69

%1

.70

2,1

89

,00

04

37

,80

01

,75

1,0

00

22

.58

26

.91

22

.37

0.7

42

.61

1.5

64

08

,70

66

37

,58

11

.66

1,0

58

,38

47

8%

1.6

98

25

,00

01

65

,00

06

60

,00

02

3.9

92

3.7

22

0.5

90

.62

2.8

6

10

.32

40

,60

5,7

97

1.9

98

0,6

75

,15

83

3%

1.6

92

6,5

07

,00

05

,30

1,4

00

21

,20

1,0

00

21

.59

29

.51

27

.24

0.9

42

.61

6.9

93,7

23,6

27

26,0

28,1

55

2.0

352,8

37,1

55

32%

1.6

616,9

07,0

00

4,2

26,7

50

12,6

80,0

00

23.2

225.2

532.0

51.8

82.7

6

11

.39

3,7

32,2

78

42,5

10,6

47

1.8

277,3

69,3

78

61%

1.6

647,1

95,0

00

11

,798,7

50

35,3

96,0

00

21.8

929.1

029.4

11.2

42.6

6

7.6

03,7

43,7

46

28,4

52,4

68

2.1

059,7

50,1

83

23%

1.6

913,7

42,0

00

3,4

35,5

00

10,3

06,0

00

21.2

930.4

830.1

11.4

02.5

7

11

.60

3,7

48,7

17

43,4

85,1

20

1.9

082,6

21,7

28

48%

1.6

839,6

58,0

00

9,9

14,5

00

29,7

43,0

00

21.3

330.2

228.5

60.8

02.4

7

9.7

93,7

42,2

65

36,6

36,7

75

1.8

567,7

78,0

34

52%

1.6

835,2

44,0

00

8,8

11,0

00

26,4

33,0

00

22.1

627.6

329.1

60.8

32.5

2

7.0

33,6

80,5

08

25,8

73,9

72

2.1

154,5

94,0

81

11

%1

.72

6,0

05,0

00

1,5

01,2

50

4,5

03,0

00

19.2

835.9

927.3

71.0

12.1

4

14.8

33,7

37,9

36

55,4

33,5

87

2.0

8115,3

01,8

61

19%

1.7

121,9

07,0

00

5,4

76,7

50

16,4

30,0

00

19.3

934.9

426.2

60.5

42.2

1

12

.37

3,6

71

,98

64

5,4

22

,46

62

.15

97

,65

8,3

02

14

%1

.74

13

,67

2,0

00

3,4

18

,00

01

0,2

54

,00

01

8.5

33

6.8

62

1.5

10

.50

2.1

6

6.1

21,4

70,8

58

9,0

01,6

53

2.0

118,0

93,3

23

26%

1.7

24,7

04,0

00

1,1

76,0

00

3,5

28,0

00

20.2

032.7

021.7

00.4

13.1

5

1.8

03,7

20,4

03

6,6

96,7

26

1.5

910,6

47,7

94

74%

1.6

77,8

79,0

00

1,9

69,7

50

5,9

09,0

00

25.0

320.7

123.6

80.7

62.9

8

4.3

83,7

26,1

98

16,3

20,7

48

1.7

628,7

24,5

16

59%

1.6

816,9

47,0

00

4,2

36,7

50

12,7

10,0

00

22.7

826.1

322.4

70.6

42.5

7

1.5

23,7

09,1

43

5,6

37,8

97

1.7

39,7

53,5

62

70%

1.6

96,8

27,0

00

1,7

06,7

50

5,1

20,0

00

22.7

527.2

920.3

90.5

12.6

2

10

.13

33

,711

,76

83

41

,50

0,2

14

1.9

86

75

,12

9,9

17

34

%1

.68

23

0,6

87

,00

02

5%

57

,67

1,7

50

17

3,0

12

,00

02

1.5

62

9.5

82

7.5

10

.94

2.5

4

6.9

61,3

53,1

72

9,4

18,0

79

2.0

219,0

24,5

20

32%

1.6

66,0

80,0

00

1,8

24,0

00

4,2

56,0

00

23.2

125.2

632.1

91.9

22.6

4

11

.30

1,3

54,9

79

15,3

11,2

66

1.8

227,8

66,5

04

62%

1.6

617,2

70,0

00

5,1

81,0

00

12,0

89,0

00

22.0

828.6

229.6

51.2

42.6

1

7.7

21,3

58,3

02

10,4

86,0

94

2.0

921,9

15,9

36

23%

1.6

85,0

40,0

00

1,5

12,0

00

3,5

28,0

00

21.2

730.6

030.0

31.4

32.5

2

11

.63

1,3

58,0

80

15,7

94,4

68

1.8

829,6

93,6

00

50%

1.6

814,8

40,0

00

4,4

52,0

00

10,3

88,0

00

21.4

429.9

828.6

50.8

02.4

4

9.8

91,3

57,5

16

13,4

25,8

35

1.8

424,7

03,5

36

52%

1.6

712,8

40,0

00

3,8

52,0

00

8,9

88,0

00

22.2

027.4

929.2

90.7

82.4

6

7.0

81

,35

5,7

40

9,5

98

,63

82

.10

20

,15

7,1

40

12

%1

.71

2,4

10

,00

07

23

,00

01

,68

7,0

00

19

.38

35

.73

27

.58

1.0

42

.05

14.7

31,3

57,5

23

19,9

96,3

14

2.0

841,5

92,3

33

20%

1.7

18,3

10,0

00

2,4

93,0

00

5,8

17,0

00

19.2

935.2

926.1

00.5

22.1

7

11

.85

1,3

50,0

39

15,9

97,9

66

2.1

734,7

15,5

86

13%

1.7

34,5

10,0

00

1,3

53,0

00

3,1

57,0

00

18.7

436.3

421.5

50.5

22.1

2

1.7

71

,35

3,9

75

2,3

96

,53

61

.58

3,7

86

,52

77

5%

1.6

62

,83

0,0

00

84

9,0

00

1,9

81

,00

02

5.3

02

0.0

92

3.8

90

.69

2.9

4

4.3

71,3

59,1

84

5,9

39,6

33

1.7

810,5

72,5

47

58%

1.6

86,1

30,0

00

1,8

39,0

00

4,2

91,0

00

22.9

525.6

722.5

90.6

22.5

5

1.5

21

,35

6,8

70

2,0

62

,44

31

.76

3,6

29

,90

06

9%

1.6

92

,50

0,0

00

75

0,0

00

1,7

50

,00

02

2.3

82

8.4

52

0.3

20

.47

2.5

0

10

.14

11

,87

6,4

57

12

0,4

27

,27

21

.97

23

7,6

58

,12

93

5%

1.6

88

2,7

60

,00

03

0%

24

,82

8,0

00

57

,93

2,0

00

21

.66

29

.34

27

.76

0.9

52

.47

10

.15

49

,51

0,6

68

50

2,5

33

,28

31

.98

99

3,4

63

,20

43

4%

1.6

83

39

,95

4,0

00

26

%8

7,8

01

,15

02

52

,14

5,0

00

21

.59

29

.52

27

.54

0.9

42

.53

10

.15

37

,64

5,9

12

38

2,1

06

,011

1.9

87

55

,80

5,0

75

34

%1

.68

25

7,1

94

,00

02

4%

62

,97

3,1

50

19

4,2

13

,00

02

1.5

62

9.5

72

7.4

80

.94

2.5

5

TO

TA

L / A

VE

RE

SO

UR

CE

/

OC

CU

RR

EN

CE

MIN

NA

SV

LA

KT

E

30

%

TO

TA

L / A

VE

RE

CO

N.

TO

TA

L / A

VE

RE

SO

UR

CE

FO

R

MIN

NA

SV

LA

KT

E (

EX

CL

UD

ING

RE

CO

NN

AIS

SA

NC

E)

TO

TA

L / A

VE

IN

DIC

AT

ED

TO

TA

L / A

VE

IN

FE

RR

ED

Infe

rred

Re

co

nn

ais

sa

nce

Indic

ate

d

Minnasvlakte 258 LQ

Me

asu

red

TO

TA

L / A

VE

ME

AS

UR

ED

20

%

20

%

25

%

11

10 9 8 7 6 5 4 4A 3 2 1 11

10 9 8 7 6 5 4 4A 3 2 1 11

10 9 8 7 6 5 4 4A 3 2 1 11

10 9 8 7 6 5 4 4A 3 2 1

without prior written permission.

Sekoko Resource Statement’09.cdr

PAGE 12 of 17

The diagrams and the information herein may not be edited or transmitted in any form or by any means

SEKOKO RESOURCES (PTY) LTD - WATERBERG PROJECTTechnical Resource Statement

stas at 1 November 2009

stDETAILED RESOURCE STATEMENT AS 1 NOVEMBER 2009 - SMITSPAN 306 LQ

FA

RM

NA

ME

&

NO

.

RE

SO

UR

CE

/

OC

CU

RR

EN

CE

CA

TE

GO

RY

ZO

NE

AV

E Z

ON

E

WID

TH

(m

)

ZO

NE

AR

EA

(m2)

ZO

NE

VO

LU

ME

(m3)

ZO

NE

RA

W

RD

(t/

m3)

ZO

NE

TO

NN

AG

E (

t)

YIE

LD

BY

MA

SS

(%

)

@ R

D=

1.9

CO

AL

RD

(t/m

3)

@

RD

=1.9

GR

OS

S

TO

NN

ES

IN

SIT

U

GE

OL

.

LO

SS

ES

(%)

CA

LC

UL

AT

ED

GE

OL

OG

ICA

L

LO

SS

ES

(t)

TO

TA

L

TO

NN

ES

IN

SIT

U

CV

(MJkg

)A

SH

(%

)V

OL

.

(%)

SU

LP

H.

(%)

MO

IST.

(%)

11

3.8

32

39

,97

59

19

,10

31

.86

1,7

09

,53

25

6%

1.6

59

57

,30

09

5,7

30

86

1,5

00

23

.97

22

.74

31

.52

1.8

03

.49

10

9.6

33

86

,65

43

,72

3,4

76

1.8

26

,77

6,7

26

62

%1

.68

4,2

01

,50

04

20

,15

03

,78

1,3

00

21

.68

29

.16

28

.65

1.0

93

.29

96

.56

48

1,7

98

3,1

60

,59

81

.98

6,2

57

,98

43

5%

1.6

92

,19

0,2

00

21

9,0

20

1,9

71

,10

02

1.7

52

9.5

62

9.1

01

.04

2.9

3

88

.85

1,2

35

,83

21

0,9

37

,11

01

.94

21

,21

7,9

93

42

%1

.69

8,9

11

,50

08

91

,15

08

,02

0,3

00

20

.86

31

.59

27

.41

1.0

52

.84

79

.70

1,9

42

,58

01

8,8

43

,02

51

.93

36

,36

7,0

38

38

%1

.69

13

,81

9,4

00

1,3

81

,94

01

2,4

37

,40

02

1.2

43

0.6

22

8.3

31

.14

2.7

4

67

.66

2,2

55

,49

21

7,2

77

,06

72

.05

35

,41

7,9

87

21

%1

.70

7,4

37

,70

07

43

,77

06

,69

3,9

00

20

.69

31

.71

27

.94

1.1

22

.67

51

3.7

32

,29

0,1

98

31

,44

4,4

22

2.1

26

6,6

62

,17

51

2%

1.7

37

,99

9,4

00

79

9,9

40

7,1

99

,40

01

9.0

23

5.5

52

5.5

80

.91

2.5

7

41

2.7

52

,19

2,2

44

27

,95

1,1

14

2.0

15

6,1

81

,73

93

1%

1.7

61

7,4

16

,30

01

,74

1,6

30

15

,67

4,6

00

17

.50

39

.29

21

.12

0.5

52

.54

4A

8.1

72

,13

9,2

89

17

,47

7,9

94

1.9

63

4,2

56

,86

82

8%

1.7

89

,59

1,9

00

95

9,1

90

8,6

32

,70

01

6.6

94

1.8

91

9.1

50

.35

2.3

9

32

.37

2,3

12

,67

35

,48

1,0

35

1.6

38

,93

4,0

87

82

%1

.70

7,3

25

,90

07

32

,59

06

,59

3,3

00

23

.25

24

.31

21

.05

0.8

12

.93

24

.35

2,3

50

,83

01

0,2

26

,10

91

.70

17

,38

4,3

85

70

%1

.68

12

,16

9,0

00

1,2

16

,90

01

0,9

52

,10

02

2.4

82

6.3

62

3.3

70

.81

2.7

7

11

.72

2,4

23

,78

84

,16

8,9

16

1.6

26

,75

3,6

44

76

%1

.67

5,1

32

,70

05

13

,27

04

,61

9,4

00

25

.32

19

.13

22

.50

0.5

63

.00

9.6

81

5,6

62

,18

71

51

,60

9,9

69

1.9

72

97

,92

0,1

58

33

%1

.71

97

,15

2,8

00

10

%9

,71

5,2

80

87

,43

7,0

00

20

.44

32

.08

24

.37

0.8

32

.73

11

6.8

94

,28

5,5

04

29

,52

7,1

26

2.0

35

9,9

40

,06

63

0%

1.6

91

7,9

82

,00

03

,59

6,4

00

14

,38

5,0

00

23

.01

26

.08

31

.69

1.7

12

.95

10

10

.54

5,2

09

,74

25

4,9

10

,68

41

.84

10

1,0

35

,65

95

4%

1.6

85

4,5

59

,00

01

0,9

11

,80

04

3,6

47

,00

02

1.2

43

0.6

82

8.5

01

.19

2.8

7

96

.98

5,6

21

,29

03

9,2

36

,60

72

.04

80

,04

2,6

78

28

%1

.70

22

,411

,00

04

,48

2,2

00

17

,92

8,0

00

22

.03

30

.91

30

.51

1.1

62

.93

81

0.3

97

,28

1,1

27

75

,65

0,9

13

1.9

71

49

,03

2,2

99

38

%1

.70

56

,63

2,0

00

11

,32

6,4

00

45

,30

5,0

00

21

.00

31

.09

28

.01

1.0

32

.81

79

.98

7,8

01

,25

17

7,8

56

,48

31

.92

14

9,4

84

,44

73

9%

1.7

05

8,2

98

,00

011

,65

9,6

00

46

,63

8,0

00

21

.71

29

.16

28

.70

1.1

72

.79

68

.25

7,8

46

,33

36

4,7

32

,24

82

.11

13

6,5

85

,04

31

6%

1.7

12

1,8

53

,00

04

,37

0,6

00

17

,48

2,0

00

20

.67

32

.09

28

.04

1.0

92

.64

51

4.2

68

,13

8,8

25

11

6,0

59

,63

82

.13

24

7,2

07

,02

91

2%

1.7

32

9,6

64

,00

05

,93

2,8

00

23

,73

1,0

00

19

.66

34

.22

26

.69

0.7

72

.51

411

.01

7,5

73

,95

58

3,3

89

,24

52

.00

16

6,7

78

,49

02

9%

1.7

64

8,3

65

,00

09

,67

3,0

00

38

,69

2,0

00

17

.75

38

.85

21

.24

0.5

02

.49

4A

6.5

66

,95

8,3

78

45

,64

6,9

58

1.9

78

9,9

24

,50

72

9%

1.7

82

6,0

78

,00

05

,21

5,6

00

20

,86

2,0

00

17

.83

39

.07

20

.19

0.3

92

.52

32

.43

7,4

34

,34

71

8,0

65

,46

31

.65

29

,80

8,0

14

77

%1

.70

22

,95

2,0

00

4,5

90

,40

01

8,3

61

,00

02

3.9

22

2.9

32

1.7

20

.96

3.0

6

24

.63

7,6

95

,26

03

5,6

29

,05

31

.70

60

,56

9,3

90

67

%1

.69

40

,58

1,0

00

8,1

16

,20

03

2,4

64

,00

02

2.9

22

5.8

52

3.4

20

.72

2.6

4

12

.39

6,0

50

,28

71

4,4

60

,18

71

.63

23

,57

0,1

05

71

%1

.69

16

,73

4,0

00

3,3

46

,80

01

3,3

87

,00

02

5.3

01

9.4

42

1.8

80

.63

2.9

8

9.5

76

8,4

60

,25

16

55

,16

4,6

05

1.9

81

,29

3,9

77

,72

73

2%

1.7

14

16

,10

9,0

00

20

%8

3,2

21

,80

03

32

,88

2,0

00

21

.11

30

.79

26

.05

0.9

42

.75

11

6.3

91

,98

4,9

27

12

,68

3,6

81

1.9

82

5,1

13

,68

83

5%

1.6

88

,78

9,0

00

2,1

97

,25

06

,59

1,0

00

23

.14

25

.42

31

.54

1.7

43

.18

10

10

.91

1,9

69

,09

32

1,4

82

,80

91

.84

39

,52

8,3

69

55

%1

.69

21

,74

0,0

00

5,4

35

,00

01

6,3

05

,00

02

1.6

82

9.5

92

8.9

61

.27

2.9

8

97

.64

1,9

62

,65

11

4,9

94

,65

72

.08

31

,18

8,8

87

23

%1

.71

7,1

73

,00

01

,79

3,2

50

5,3

79

,00

02

2.1

92

7.8

63

0.4

01

.13

3.0

9

81

0.5

21

,69

2,2

38

17

,80

2,3

46

1.9

73

5,0

70

,62

24

1%

1.7

01

4,3

78

,00

03

,59

4,5

00

10

,78

3,0

00

21

.28

30

.18

28

.37

1.0

32

.89

79

.91

1,6

37

,17

21

6,2

24

,37

01

.91

30

,98

8,5

47

43

%1

.69

13

,32

5,0

00

3,3

31

,25

09

,99

3,0

00

22

.41

27

.23

29

.24

1.1

72

.94

68

.62

1,6

20

,06

11

3,9

64

,92

22

.14

29

,88

4,9

33

15

%1

.72

4,4

82

,00

01

,12

0,5

00

3,3

61

,00

02

0.8

03

1.5

12

8.2

31

.15

2.6

3

51

4.0

81

,35

6,8

32

19

,10

4,1

90

2.1

34

0,6

91

,92

51

2%

1.7

44

,88

3,0

00

1,2

20

,75

03

,66

2,0

00

19

.34

34

.84

26

.53

0.8

12

.47

41

2.2

51

,26

9,6

78

15

,55

3,5

53

2.0

03

1,1

07

,10

62

8%

1.7

78

,70

9,0

00

2,1

77

,25

06

,53

1,0

00

17

.60

38

.88

20

.61

0.4

62

.52

4A

5.7

11

,46

0,9

16

8,3

41

,83

11

.95

16

,26

6,5

70

30

%1

.78

4,8

79

,00

01

,21

9,7

50

3,6

59

,00

01

7.9

83

8.9

02

0.1

50

.34

2.4

2

32

.53

1,8

24

,90

24

,61

7,0

01

1.6

97

,80

2,7

32

67

%1

.71

5,2

27

,00

01

,30

6,7

50

3,9

20

,00

02

3.1

32

4.3

22

2.3

70

.87

3.0

2

24

.78

1,9

23

,76

99

,19

5,6

14

1.7

21

5,8

16

,45

66

0%

1.7

19

,48

9,0

00

2,3

72

,25

07

,11

6,0

00

22

.71

26

.55

23

.78

0.6

92

.54

11

.80

1,9

19

,30

43

,45

4,7

48

1.6

55

,70

0,3

34

66

%1

.70

3,7

62

,00

09

40

,50

02

,82

1,0

00

24

.17

21

.60

22

.38

0.5

73

.08

9.3

21

6,8

90

,52

81

57

,41

9,7

22

1.9

63

09

,16

0,1

69

35

%1

.71

10

6,8

36

,00

02

5%

26

,70

9,0

00

80

,12

1,0

00

21

.48

29

.61

26

.99

1.0

22

.85

11

10 9 8 7 6 5 4 4A 3 2 1

--

--

--

--

--

--

--

-

9.5

51

00

,96

2,7

54

96

4,1

94

,29

61

.97

1,9

01

,05

8,0

54

33

%1

.71

62

0,0

97

,80

01

9%

11

9,6

46

,08

05

00

,44

0,0

00

21

.05

30

.83

25

.91

0.9

32

.76

9.5

51

00

,96

2,7

54

96

4,1

94

,29

61

.97

1,9

01

,05

8,0

54

33

%1

.71

62

0,0

97

,80

01

9%

11

9,6

46

,08

05

00

,44

0,0

00

21

.05

30

.83

25

.91

0.9

32

.76

TO

TA

L / A

VE

RE

SO

UR

CE

/

OC

CU

RR

EN

CE

SM

ITS

PA

N

Ind

ica

ted

TO

TA

L / A

VE

ME

AS

UR

ED

Measure

d

20

%

TO

TA

L / A

VE

IN

DIC

AT

ED

Infe

rred

25

%

TO

TA

L / A

VE

IN

FE

RR

ED

Re

co

nn

ais

sa

nce

TO

TA

L / A

VE

RE

CO

N.

TO

TA

L / A

VE

RE

SO

UR

CE

FO

R

SM

ITS

PA

N (

EX

CL

UD

ING

RE

CO

NN

AIS

SA

NC

E)

10

%

Smitspan 306 LQ

without prior written permission.

Sekoko Resource Statement’09.cdr

PAGE 13 of 17

The diagrams and the information herein may not be edited or transmitted in any form or by any means

SEKOKO RESOURCES (PTY) LTD - WATERBERG PROJECTTechnical Resource Statement

stas at 1 November 2009

stDETAILED RESOURCE STATEMENT AS 1 NOVEMBER 2009 - MASSENBERG 305 LQ

FA

RM

NA

ME

&

NO

.

RE

SO

UR

CE

/

OC

CU

RR

EN

CE

CA

TE

GO

RY

ZO

NE

AV

E Z

ON

E

WID

TH

(m

)

ZO

NE

AR

EA

(m2)

ZO

NE

VO

LU

ME

(m3)

ZO

NE

RA

W

RD

(t/

m3)

ZO

NE

TO

NN

AG

E (

t)

YIE

LD

BY

MA

SS

(%

)

@ R

D=

1.9

CO

AL

RD

(t/m

3)

@

RD

=1.9

GR

OS

S

TO

NN

ES

IN

SIT

U

GE

OL

.

LO

SS

ES

(%)

CA

LC

UL

AT

ED

GE

OL

OG

ICA

L

LO

SS

ES

(t)

TO

TA

L

TO

NN

ES

IN

SIT

U

CV

(MJkg

)A

SH

(%

)V

OL

.

(%)

SU

LP

H.

(%)

MO

IST.

(%)

11

10 9 8 7 6 5 4 4A 3 2 1

--

--

--

--

--

--

--

--

11

10 9 8

5.8

16

4,3

38

37

3,8

04

1.9

17

13

,96

64

6%

1.6

83

28

,00

06

5,6

00

26

2,0

00

21

.12

30

.80

26

.74

3.0

92

.39

79

.46

12

7,2

83

1,2

04

,09

31

.95

2,3

47

,98

14

0%

1.7

09

39

,00

01

87

,80

07

51

,00

02

1.3

33

0.8

12

8.4

21

.51

2.3

0

67

.10

28

7,2

95

2,0

39

,79

22

.08

4,2

42

,76

71

4%

1.6

85

93

,00

011

8,6

00

47

4,0

00

20

.95

31

.33

28

.83

1.3

32

.40

511

.64

75

4,5

43

8,7

82

,88

52

.03

17

,82

9,2

57

22

%1

.74

3,9

22

,00

07

84

,40

03

,13

7,0

00

17

.87

38

.19

23

.35

0.5

92

.65

411

.45

89

2,3

43

10

,21

7,3

27

2.0

32

0,7

41

,17

42

7%

1.7

65

,60

0,0

00

1,1

20

,00

04

,48

0,0

00

17

.40

39

.35

20

.88

0.5

72

.49

4A

8.3

09

50

,57

97

,88

9,8

04

2.0

11

5,8

58

,50

61

5%

1.8

02

,37

8,0

00

47

5,6

00

1,9

02

,00

01

5.8

34

2.9

11

9.0

40

.37

2.3

9

31

.76

65

4,3

47

1,1

51

,65

11

.60

1,8

42

,64

28

7%

1.6

91

,60

3,0

00

32

0,6

00

1,2

82

,00

02

3.7

22

3.6

22

1.3

40

.93

3.0

6

24

.44

81

3,2

43

3,6

10

,80

01

.62

5,8

49

,49

67

7%

1.6

84

,50

4,0

00

90

0,8

00

3,6

03

,00

02

2.3

82

5.9

22

1.7

20

.70

3.4

1

11

.41

49

0,2

06

69

1,1

91

1.5

31

,05

7,5

22

88

%1

.66

93

0,0

00

18

6,0

00

74

4,0

00

26

.00

17

.77

23

.37

0.5

43

.10

9.2

33

,89

6,1

37

35

,96

1,3

47

1.9

67

0,4

83

,311

30

%1

.73

20

,79

7,0

00

20

%4

,15

9,4

00

16

,63

5,0

00

19

.60

33

.70

22

.12

0.7

12

.77

11

10 9

5.4

33

37

1,8

28

1.9

63

,58

34

3%

1.6

71

,00

02

50

02

2.3

52

8.0

62

8.8

10

.96

2.7

4

86

.69

20

3,0

97

1,3

58

,72

11

.91

2,5

95

,15

74

6%

1.6

81

,19

3,0

00

29

8,2

50

89

4,0

00

20

.89

31

.43

27

.02

2.2

12

.46

78

.39

40

6,6

05

3,4

11

,41

61

.93

6,5

84

,03

34

1%

1.6

92

,69

9,0

00

67

4,7

50

2,0

24

,00

02

1.4

93

0.1

42

8.8

01

.39

2.4

6

67

.32

51

2,0

21

3,7

47

,99

42

.06

7,7

20

,86

81

8%

1.6

91

,38

9,0

00

34

7,2

50

1,0

41

,00

02

0.5

23

2.3

82

8.2

01

.28

2.3

6

51

0.9

31

,21

0,9

06

13

,23

5,2

03

2.0

32

6,8

67

,46

22

1%

1.7

45

,64

2,0

00

1,4

10

,50

04

,23

1,0

00

17

.97

37

.96

23

.45

0.6

32

.85

47

.79

5,3

09

,61

34

1,3

61

,88

21

.97

81

,48

2,9

08

36

%1

.76

29

,33

3,0

00

7,3

33

,25

02

1,9

99

,00

01

7.2

73

9.3

92

0.7

80

.52

2.6

2

4A

6.0

65

,32

9,1

75

32

,29

4,8

03

2.0

66

6,5

27

,29

41

4%

1.8

09

,31

3,0

00

2,3

28

,25

06

,98

4,0

00

15

.94

42

.87

19

.27

0.4

12

.29

31

.30

5,4

13

,09

77

,03

7,0

26

1.5

811

,11

8,5

01

90

%1

.68

10

,00

6,0

00

2,5

01

,50

07

,50

4,0

00

23

.88

22

.74

21

.23

0.9

83

.31

23

.91

7,6

26

,50

72

9,8

19

,64

31

.65

49

,20

2,4

11

76

%1

.68

37

,39

3,0

00

9,3

48

,25

02

8,0

44

,00

02

3.1

62

3.9

82

2.4

00

.69

3.3

2

11

.19

7,9

35

,94

99

,44

3,7

79

1.5

31

4,4

48

,98

28

7%

1.6

51

2,5

70

,00

03

,14

2,5

00

9,4

27

,00

02

6.4

21

6.3

72

3.8

10

.69

3.1

7

6.1

02

3,2

31

,52

41

41

,71

2,2

95

1.8

82

66

,55

1,1

99

41

%1

.71

10

9,5

39

,00

02

5%

27

,38

4,7

50

82

,14

8,0

00

21

.04

29

.79

22

.09

0.6

92

.96

11

10 9 8 7 6 5 4

5.8

88

43

,32

14

,95

8,7

26

1.9

59

,66

9,5

16

41

%1

.75

3,9

60

,00

01

,18

8,0

00

2,7

72

,00

01

7.5

63

8.5

92

1.2

70

.48

2.5

0

4A

3.2

39

14

,22

02

,95

2,9

29

2.1

26

,26

0,2

09

12

%1

.79

75

0,0

00

22

5,0

00

52

5,0

00

16

.51

41

.99

21

.15

0.6

61

.96

30

.97

1,4

48

,48

11

,40

5,0

27

1.5

82

,21

9,9

43

90

%1

.68

1,9

90

,00

05

97

,00

01

,39

3,0

00

23

.93

22

.57

21

.17

0.9

73

.21

23

.58

1,4

40

,64

25

,15

7,4

97

1.6

48

,45

8,2

95

76

%1

.68

6,4

20

,00

01

,92

6,0

00

4,4

94

,00

02

3.7

22

2.6

12

2.4

50

.68

3.3

3

11

.08

1,5

20

,04

11

,64

1,6

44

1.5

42

,52

8,1

32

87

%1

.65

2,1

90

,00

06

57

,00

01

,53

3,0

00

26

.99

15

.17

24

.20

0.8

23

.21

3.7

44,3

09,0

44

16,1

15,8

23

1.8

12

9,1

36,0

95

53

%1

.70

15

,31

0,0

00

30

%4

,59

3,0

00

10

,71

7,0

00

22

.27

26

.62

22

.17

0.6

93

.02

6.4

82

9,9

05

,78

21

93

,78

9,4

65

1.8

93

66

,17

0,6

05

40

%1

.71

14

5,6

46

,00

02

5%

36

,13

7,1

50

10

9,5

00

,00

02

0.9

43

0.0

72

2.1

00

.69

2.9

4

6.7

32

6,4

00

,24

41

77

,67

3,6

42

1.9

03

37

,03

4,5

10

39

%1

.71

13

0,3

36

,00

02

4%

31

,54

4,1

50

98

,78

3,0

00

20

.80

30

.45

22

.10

0.6

92

.93

TO

TA

L / A

VE

IN

FE

RR

ED

TO

TA

L / A

VE

IN

DIC

AT

ED

Infe

rred

Indic

ate

d2

0%

Measure

d

TO

TA

L / A

VE

RE

SO

UR

CE

FO

R

MA

SS

EN

BE

RG

(E

XC

LU

DIN

G

RE

CO

NN

AIS

SA

NC

E)

25

%

TO

TA

L / A

VE

ME

AS

UR

ED

Massenberg 305 LQ

Re

co

nn

ais

sa

nce

30

%

TO

TA

L / A

VE

RE

CO

N.

TO

TA

L / A

VE

RE

SO

UR

CE

/

OC

CU

RR

EN

CE

MA

SS

EN

BE

RG

without prior written permission.

Sekoko Resource Statement’09.cdr

PAGE 14 of 17

The diagrams and the information herein may not be edited or transmitted in any form or by any means

SEKOKO RESOURCES (PTY) LTD - WATERBERG PROJECTTechnical Resource Statement

stas at 1 November 2009

stDETAILED RESOURCE STATEMENT AS 1 NOVEMBER 2009 - HOOIKRAAL 315 LQ

FA

RM

NA

ME

&

NO

.

RE

SO

UR

CE

/

OC

CU

RR

EN

CE

CA

TE

GO

RY

ZO

NE

AV

E Z

ON

E

WID

TH

(m

)

ZO

NE

AR

EA

(m2)

ZO

NE

VO

LU

ME

(m

3)

ZO

NE

RA

W

RD

(t/

m3)

ZO

NE

TO

NN

AG

E (

t)

YIE

LD

BY

MA

SS

(%

)

@ R

D=

1.9

CO

AL

RD

(t/m

3)

@

RD

=1.9

GR

OS

S

TO

NN

ES

IN

SIT

U

GE

OL

.

LO

SS

ES

(%)

CA

LC

UL

AT

ED

GE

OL

OG

ICA

L

LO

SS

ES

(t)

TO

TA

L

TO

NN

ES

IN

SIT

U

CV

(MJkg

)A

SH

(%

)V

OL

.

(%)

SU

LP

H.

(%)

MO

IST.

(%)

11

10 9 8 7 6 5 4 4A 3 2 1

--

--

--

--

--

--

--

--

11

10 9

3.0

1379

1,1

41

1.7

51,9

97

60%

1.7

11,0

00

400

022.9

424.2

229.6

81.5

74.7

4

86.9

5217,8

86

1,5

14,3

11

1.8

72,8

31,7

62

47%

1.6

91,3

30,0

00

532,0

00

798,0

00

22.1

026.7

327.8

01.2

33.7

8

79.4

4227,8

29

2,1

50,7

04

1.9

54,1

93,8

73

32%

1.6

71,3

42,0

00

536,8

00

805,0

00

23.3

723.6

130.1

11.5

23.2

9

65.8

5227,6

58

1,3

31,7

98

2.0

32,7

03,5

50

21%

1.6

9567,0

00

226,8

00

340,0

00

21.5

229.1

328.2

81.3

23.1

4

513.6

9231,0

81

3,1

63,5

01

2.0

66,5

16,8

12

13%

1.7

1847,0

00

338,8

00

508,0

00

21.8

427.7

928.6

01.0

02.9

4

46.5

3230,0

62

1,5

02,3

05

1.8

82,8

24,3

33

49%

1.7

41,3

83,0

00

553,2

00

829,0

00

19.3

934.0

022.5

80.6

62.6

1

4A

2.2

9191,2

79

438,0

28

2.0

0876,0

56

23%

1.7

9201,0

00

80,4

00

120,0

00

18.1

539.1

222.4

70.7

92.2

8

3 24.0

3261,0

63

1,0

52,0

82

1.6

51,7

35,9

35

73%

1.6

51,2

67,0

00

506,8

00

760,0

00

25.6

218.0

224.6

70.5

52.9

9

11.0

3250,1

50

257,6

54

1.4

7378,7

51

91%

1.6

2344,0

00

137,6

00

206,0

00

28.7

010.1

527.0

90.7

43.1

7

8.5

21,3

39,3

81

11,4

11,5

24

1.9

322,0

63,0

69

33%

1.6

97,2

82,0

00

40%

2,9

12,8

00

4,3

66,0

00

22.5

625.8

926.6

41.0

03.1

1

11

6.7

51,2

20,6

47

8,2

39,3

70

1.9

015,6

54,8

03

47%

1.6

57,3

57,0

00

3,6

78,5

00

3,6

78,0

00

22.4

426.5

930.0

11.5

53.6

3

10

10.1

91,3

04,4

24

13,2

92,0

80

1.9

025,2

54,9

52

44%

1.6

411,1

12,0

00

5,5

56,0

00

5,5

56,0

00

22.8

025.0

530.0

91.1

93.5

5

96.2

21,3

04,4

76

8,1

13,8

43

1.9

615,9

03,1

32

38%

1.6

76,0

43,0

00

3,0

21,5

00

3,0

21,0

00

21.5

728.7

429.7

61.1

42.5

4

811.1

11,6

11,9

57

17,9

08,8

46

1.8

933,8

47,7

19

46%

1.6

615,5

69,0

00

7,7

84,5

00

7,7

84,0

00

21.3

929.7

527.5

61.0

82.8

7

710.5

31,6

13,1

73

16,9

86,7

16

1.9

533,1

24,0

96

36%

1.6

511,9

24,0

00

5,9

62,0

00

5,9

62,0

00

22.6

926.1

029.0

40.9

62.6

0

66.3

21,6

67,4

94

10,5

38,5

65

1.9

820,8

66,3

59

25%

1.6

65,2

16,0

00

2,6

08,0

00

2,6

08,0

00

22.2

227.6

729.3

51.1

22.6

0

513.3

02,1

16,3

68

28,1

47,6

99

2.0

256,8

58,3

52

17%

1.6

89,6

65,0

00

4,8

32,5

00

4,8

32,0

00

20.5

631.8

426.6

70.7

82.5

1

46.6

55,0

23,5

76

33,4

06,7

79

1.8

461,4

68,4

73

55%

1.7

333,8

07,0

00

16,9

03,5

00

16,9

03,0

00

18.8

235.6

521.9

60.6

22.4

1

4A

3.5

71,5

40,7

91

5,5

00,6

25

2.0

111,0

56,2

56

19%

1.7

52,1

00,0

00

1,0

50,0

00

1,0

50,0

00

16.9

839.4

421.0

40.5

72.4

2

35.2

03,4

45,3

38

17,9

15,7

55

1.5

327,4

11,1

05

87%

1.6

623,8

47,0

00

11,9

23,5

00

11,9

23,0

00

24.7

620.1

720.8

80.7

52.8

3

23.4

75,5

90,5

52

19,3

99,2

16

1.5

930,8

44,7

53

82%

1.6

525,2

92,0

00

12,6

46,0

00

12,6

46,0

00

25.6

618.1

824.3

10.5

52.8

3

10.9

03,0

50,6

80

2,7

45,6

12

1.4

94,0

90,9

62

87%

1.6

23,5

59,0

00

1,7

79,5

00

1,7

79,0

00

28.6

010.6

327.1

00.7

23.1

0

8.0

422,6

61,0

83

182,1

95,1

06

1.8

5336,3

80,9

62

46%

1.6

7155,4

91,0

00

50%

77,7

45,5

00

77,7

42,0

00

22.3

826.6

325.1

90.8

32.7

8

11

8.8

5348,4

58

3,0

83,8

49

1.9

05,8

59,3

13

47%

1.6

52,7

50,0

00

1,6

50,0

00

1,1

00,0

00

22.4

426.5

930.0

11.5

53.6

3

10

10.1

5346,4

63

3,5

16,5

95

1.9

06,6

81,5

31

44%

1.6

42,9

30,0

00

1,7

58,0

00

1,1

72,0

00

22.8

025.0

530.0

91.1

93.5

5

95.7

0360,8

19

2,0

56,6

71

1.9

64,0

31,0

75

38%

1.6

71,5

30,0

00

918,0

00

612,0

00

21.5

728.7

529.7

61.1

42.5

4

812.9

4346,3

93

4,4

82,3

24

1.8

98,4

71,5

92

46%

1.6

63,8

90,0

00

2,3

34,0

00

1,5

56,0

00

21.2

830.2

127.5

81.0

62.6

6

710.7

5346,3

36

3,7

23,1

11

1.9

47,2

22,8

35

37%

1.6

52,6

70,0

00

1,6

02,0

00

1,0

68,0

00

22.5

626.6

228.7

50.8

42.4

0

67.2

5348,8

83

2,5

29,4

01

1.9

74,9

82,9

20

26%

1.6

51,2

90,0

00

774,0

00

516,0

00

22.3

527.3

629.6

61.0

72.3

9

515.1

9346,2

25

5,2

59,1

57

2.0

010,5

18,3

14

19%

1.6

71,9

90,0

00

1,1

94,0

00

796,0

00

20.2

732.9

326.1

60.7

22.3

0

45.6

31,4

37,1

48

8,0

91,1

43

1.8

114,6

44,9

69

58%

1.7

28,4

90,0

00

5,0

94,0

00

3,3

96,0

00

18.7

535.9

421.8

80.6

12.3

0

4A

3.2

2346,2

58

1,1

14,9

52

1.9

92,2

18,7

54

19%

1.7

4420,0

00

252,0

00

168,0

00

15.9

740.9

619.9

90.4

62.2

7

35.3

41,9

04,5

33

10,1

70,2

06

1.5

315,5

60,4

15

87%

1.6

613,5

30,0

00

8,1

18,0

00

5,4

12,0

00

24.7

620.1

720.8

80.7

52.8

3

23.5

31,9

63,3

47

6,9

30,6

15

1.5

810,9

50,3

72

83%

1.6

49,0

80,0

00

5,4

48,0

00

3,6

32,0

00

25.6

318.3

224.2

10.5

52.7

8

10.7

81,3

20,2

29

1,0

29,7

79

1.4

61,5

03,4

77

89%

1.6

11,3

30,0

00

798,0

00

532,0

00

28.9

99.9

327.6

10.7

02.9

5

7.6

96,7

60,4

43

51,9

87,8

03

1.7

892,6

45,5

67

54%

1.6

649,9

00,0

00

60%

29,9

40,0

00

19,9

60,0

00

22.9

625.1

424.5

30.8

02.7

4

7.9

930,7

37,7

26

245,5

94,4

33

1.8

4451,0

89,5

98

47%

1.6

7212,6

73,0

00

52%

110,5

98,3

00

102,0

68,0

00

22.5

026.3

125.1

20.8

32.7

9

TO

TA

L /

AV

E M

EA

SU

RE

D

Hooikraal 315 LQ

TO

TA

L /

AV

E R

ES

OU

RC

E /

OC

CU

RR

EN

CE

HO

OIK

RA

AL

Indic

ate

d40%

TO

TA

L /

AV

E I

ND

ICA

TE

D

Infe

rred

50%

TO

TA

L /

AV

E I

NF

ER

RE

D

60%

TO

TA

L /

AV

E R

EC

ON

.

Measure

d

Re

connais

sance

8.0

723,9

90,9

08

193,6

06,6

30

1.8

5358,4

44,0

31

45%

1.6

7162,7

73,0

00

50%

80,6

58,3

00

82,1

08,0

00

22.3

926.5

925.2

70.8

42.8

0

TO

TA

L /

AV

E R

ES

OU

RC

E F

OR

HO

OIK

RA

AL

(E

XC

LU

DIN

G

RE

CO

NN

AIS

SA

NC

E)

without prior written permission.

Sekoko Resource Statement’09.cdr

PAGE 15 of 17

The diagrams and the information herein may not be edited or transmitted in any form or by any means

SEKOKO RESOURCES (PTY) LTD - WATERBERG PROJECTTechnical Resource Statement

stas at 1 November 2009

stDETAILED RESOURCE STATEMENT AS 1 NOVEMBER 2009 - VETLEEGTE 304 LQ

FA

RM

NA

ME

&

NO

.

RE

SO

UR

CE

/

OC

CU

RR

EN

CE

CA

TE

GO

RY

ZO

NE

AV

E Z

ON

E

WID

TH

(m

)

ZO

NE

AR

EA

(m2)

ZO

NE

VO

LU

ME

(m

3)

ZO

NE

RA

W

RD

(t/

m3)

ZO

NE

TO

NN

AG

E (

t)

YIE

LD

BY

MA

SS

(%

)

@ R

D=

1.9

CO

AL

RD

(t/m

3)

@

RD

=1.9

GR

OS

S

TO

NN

ES

IN

SIT

U

GE

OL

.

LO

SS

ES

(%)

CA

LC

UL

AT

ED

GE

OL

OG

ICA

L

LO

SS

ES

(t)

TO

TA

L

TO

NN

ES

IN

SIT

U

CV

(MJkg

)A

SH

(%

)V

OL

.

(%)

SU

LP

H.

(%)

MO

IST.

(%)

11

10 9 8 7 6 5 4 4A 3 2 1

--

--

--

--

--

--

--

--

11

10 9

2.7

8121,6

87

338,2

90

1.7

3585,2

42

63%

1.7

0368,0

00

73,6

00

294,0

00

22.6

524.8

029.3

41.5

14.8

6

88.8

3381,7

13

3,3

70,5

25

1.9

16,4

37,7

03

42%

1.7

02,7

03,0

00

540,6

00

2,1

62,0

00

22.2

926.3

228.1

91.2

23.9

9

79.2

7669,5

67

6,2

06,8

86

1.9

712,2

27,5

65

33%

1.6

84,0

35,0

00

807,0

00

3,2

28,0

00

23.1

524.1

430.2

31.2

63.5

3

67.8

0829,0

83

6,4

66,8

50

2.0

813,4

51,0

48

19%

1.7

12,5

55,0

00

511,0

00

2,0

44,0

00

22.1

527.4

829.1

01.2

63.3

6

513.8

2887,4

63

12,2

64,7

38

2.1

226,0

01,2

45

11%

1.7

52,8

60,0

00

572,0

00

2,2

88,0

00

20.8

430.1

127.3

70.7

93.2

1

48.0

01,0

71,4

70

8,5

71,7

61

1.9

616,8

00,6

52

37%

1.7

66,2

16,0

00

1,2

43,2

00

4,9

72,0

00

18.1

036.6

221.9

80.5

13.2

3

4A

4.7

8583,7

69

2,7

90,4

14

2.0

65,7

48,2

53

17%

1.7

6977,0

00

195,4

00

781,0

00

19.2

035.0

523.1

40.6

93.1

4

32.3

7539,8

41

1,2

79,4

23

1.7

42,2

26,1

96

67%

1.6

91,4

91,0

00

298,2

00

1,1

92,0

00

23.3

821.9

120.6

00.6

74.0

0

24.2

61,1

58,1

98

4,9

33,9

22

1.6

27,9

92,9

54

79%

1.6

76,3

14,0

00

1,2

62,8

00

5,0

51,0

00

24.9

419.0

123.5

60.7

23.7

7

10.9

11,1

70,0

40

1,0

64,7

36

1.5

71,6

71,6

36

81%

1.6

41,3

54,0

00

270,8

00

1,0

83,0

00

27.2

212.7

626.1

00.6

33.6

5

8.7

85,3

85,8

25

47,2

87,5

45

1.9

793,1

42,4

94

31%

1.7

128,8

73,0

00

20%

5,7

74,6

00

23,0

95,0

00

22.1

226.5

225.4

80.8

53.5

5

11

10 9

3.2

8243,2

11

797,7

33

1.7

61,4

04,0

10

58%

1.7

1814,0

00

203,5

00

610,0

00

23.0

923.9

129.8

61.6

04.6

8

89.2

0542,8

55

4,9

94,2

66

1.9

09,4

89,1

05

44%

1.6

94,1

75,0

00

1,0

43,7

50

3,1

31,0

00

22.0

427.2

227.6

61.1

54.1

0

78.2

52,0

55,5

88

16,9

58,6

01

1.9

633,2

38,8

58

37%

1.6

812,2

98,0

00

3,0

74,5

00

9,2

23,0

00

23.1

224.3

030.5

01.2

13.4

1

67.8

62,3

67,0

05

18,6

04,6

60

2.1

039,0

69,7

86

19%

1.7

17,4

23,0

00

1,8

55,7

50

5,5

67,0

00

22.3

227.3

329.4

41.2

73.1

4

513.2

33,8

32,5

25

50,7

04,3

04

2.1

4108,5

07,2

11

11%

1.7

611,9

35,0

00

2,9

83,7

50

8,9

51,0

00

20.4

431.2

627.3

70.7

63.0

2

48.0

34,0

79,7

76

32,7

60,6

00

1.9

664,2

10,7

76

39%

1.7

725,0

42,0

00

6,2

60,5

00

18,7

81,0

00

17.9

037.2

822.1

30.4

83.0

8

4A

4.2

12,0

65,3

28

8,6

95,0

32

2.0

717,9

98,7

16

18%

1.7

63,2

39,0

00

809,7

50

2,4

29,0

00

18.7

436.2

923.4

60.6

22.8

9

32.6

46,3

39,7

92

16,7

37,0

51

1.6

327,2

81,3

93

77%

1.6

921,0

06,0

00

5,2

51,5

00

15,7

54,0

00

22.9

923.2

721.4

70.6

33.8

6

24.1

56,3

56,4

36

26,3

79,2

11

1.5

941,9

42,9

45

82%

1.6

734,3

93,0

00

8,5

98,2

50

25,7

94,0

00

24.9

919.0

623.7

30.8

03.6

7

10.9

78,9

04,5

67

8,6

37,4

30

1.5

513,3

88,0

17

82%

1.6

310,9

78,0

00

2,7

44,5

00

8,2

33,0

00

26.8

513.4

624.9

50.6

63.9

9

7.9

223,3

92,5

36

185,2

68,8

88

1.9

2356,5

30,8

17

37%

1.7

0131,3

03,0

00

25%

32,8

25,7

50

98,4

73,0

00

22.4

725.5

224.6

10.7

73.5

0

11

10 9 8 7 6 5

13.7

344,7

96

615,0

51

21,2

30,1

02

19%

1.6

7233,0

00

69,9

00

163,0

00

22.1

724.2

129.6

30.8

83.6

0

4 4A 3 2 1

13.7

344,7

96

615,0

51

2.0

01,2

30,1

02

19%

1.6

7233,0

00

30%

69,9

00

163,0

00

22.1

724.2

129.6

30.8

83.6

0

8.1

128,7

51,1

08

233,1

71,4

84

1.9

3450,9

03,4

13

36%

1.7

0160,4

09,0

00

24%

38,6

70,2

50

121,7

31,0

00

22.4

025.7

124.7

80.7

93.5

1T

OTA

L /

AV

E R

ES

OU

RC

E /

OC

CU

RR

EN

CE

HO

OIK

RA

AL

Vetleegte 304 LQ

Measure

d

TO

TA

L /

AV

E M

EA

SU

RE

D

Indic

ate

d20%

TO

TA

L /

AV

E I

ND

ICA

TE

D

Infe

rred

25%

TO

TA

L /

AV

E I

NF

ER

RE

D

Re

connais

sance

30%

TO

TA

L /

AV

E R

EC

ON

.

8.0

928,7

46,1

60

232,5

56,4

33

1.9

3449,6

73,3

11

36%

1.7

0160,1

76,0

00

24%

38,6

00,3

50

121,5

68,0

00

22.4

025.7

124.7

80.7

93.5

1

TO

TA

L /

AV

E R

ES

OU

RC

E F

OR

VE

TL

EE

GT

E (

EX

CL

UD

ING

RE

CO

NN

AIS

SA

NC

E)

without prior written permission.

Sekoko Resource Statement’09.cdr

PAGE 17 of 17

The diagrams and the information herein may not be edited or transmitted in any form or by any means

SEKOKO RESOURCES (PTY) LTD - WATERBERG PROJECTTechnical Resource Statement

stas at 1 November 2009

stDETAILED RESOURCE STATEMENT AS 1 NOVEMBER 2009 - SWANEPOELPAN 262 LQ

FA

RM

NA

ME

&

NO

.

RE

SO

UR

CE

/

OC

CU

RR

EN

CE

CA

TE

GO

RY

ZO

NE

AV

E Z

ON

E

WID

TH

(m

)

ZO

NE

AR

EA

(m2)

ZO

NE

VO

LU

ME

(m

3)

ZO

NE

RA

W

RD

(t/

m3)

ZO

NE

TO

NN

AG

E (

t)

YIE

LD

BY

MA

SS

(%

)

@ R

D=

1.9

CO

AL

RD

(t/m

3)

@

RD

=1.9

GR

OS

S

TO

NN

ES

IN

SIT

U

GE

OL

.

LO

SS

ES

(%)

CA

LC

UL

AT

ED

GE

OL

OG

ICA

L

LO

SS

ES

(t)

TO

TA

L

TO

NN

ES

IN

SIT

U

CV

(MJkg

)A

SH

(%

)V

OL

.

(%)

SU

LP

H.

(%)

MO

IST.

(%)

11

10 9 8 7 6 5 4 4A 3 2 1

--

--

--

--

--

--

--

--

11

2.2

88,4

19

19,1

95

1.7

333,2

07

71%

1.6

523,0

00

4,6

00

18,0

00

24.7

721.7

730.7

91.1

73.8

2

10

10.6

28,4

65

89,9

01

1.8

1162,7

21

63%

1.6

9102,0

00

20,4

00

81,0

00

21.1

831.3

527.7

61.0

03.3

3

97.9

87,5

68

60,3

91

2.1

2128,0

29

16%

1.7

120,0

00

4,0

00

16,0

00

20.7

032.3

928.2

20.9

73.5

8

810.2

021,9

62

224,0

14

1.9

2430,1

07

40%

1.7

0172,0

00

34,4

00

137,0

00

21.0

231.6

928.0

60.9

93.4

1

710.5

322,1

74

233,4

97

1.8

7436,6

39

38%

1.6

8165,0

00

33,0

00

132,0

00

23.0

326.5

029.0

70.9

83.5

5

68.5

622,3

27

191,1

15

2.0

7395,6

08

15%

1.6

859,0

00

11,8

00

47,0

00

22.2

527.9

228.9

00.9

93.4

1

512.9

724,0

99

312,5

68

2.1

4668,8

96

7%

1.7

146,0

00

9,2

00

36,0

00

20.2

433.4

525.9

90.9

23.0

0

47.8

924,4

95

193,2

69

1.9

3373,0

09

32%

1.7

8119,0

00

23,8

00

95,0

00

18.3

038.0

719.4

50.3

83.3

8

4A

3.9

623,6

25

93,5

55

1.9

2179,6

26

39%

1.7

970,0

00

14,0

00

56,0

00

16.1

142.9

118.6

00.5

82.8

3

32.7

923,9

28

66,7

58

1.6

1107,4

80

87%

1.6

993,0

00

18,6

00

74,0

00

23.5

723.3

022.1

00.6

33.5

0

25.0

424,0

44

121,1

84

1.6

7202,3

77

75%

1.6

7151,0

00

30,2

00

120,0

00

22.6

425.9

523.2

40.8

33.0

5

11.6

924,0

79

40,6

94

1.6

065,1

10

80%

1.6

652,0

00

10,4

00

41,0

00

25.4

519.0

121.6

60.4

53.4

5

8.9

1184,7

52

1,6

46,1

41

1.9

33,1

82,8

09

34%

1.7

01,0

72,0

00

20%

214,4

00

853,0

00

21.4

929.8

325.1

20.8

23.3

4

11

5.4

07,5

57,5

31

40,8

10,6

65

2.0

583,6

61,8

63

25%

1.7

120,9

15,0

00

5,2

28,7

50

15,6

86,0

00

22.6

725.4

431.1

31.6

34.1

3

10

9.1

27,2

62,5

24

66,2

34,2

22

1.9

3127,8

32,0

48

45%

1.7

157,5

24,0

00

14,3

81,0

00

43,1

43,0

00

21.7

228.8

229.0

51.1

73.1

8

96.4

17,9

47,9

63

50,9

46,4

46

1.9

9101,3

83,4

28

36%

1.7

036,4

98,0

00

9,1

24,5

00

27,3

73,0

00

22.6

226.2

130.4

51.1

93.5

0

812.7

77,9

95,2

50

102,0

99,3

41

2.0

7211,3

45,6

36

23%

1.7

448,6

09,0

00

12,1

52,2

50

36,4

56,0

00

20.5

731.3

328.8

41.1

73.2

7

78.7

97,8

59,8

10

69,0

87,7

32

1.9

0131,2

66,6

91

42%

1.7

155,1

32,0

00

13,7

83,0

00

41,3

49,0

00

21.9

727.3

828.8

41.0

73.4

1

66.8

05,7

44,8

78

39,0

65,1

70

2.0

379,3

02,2

95

34%

1.7

026,9

62,0

00

6,7

40,5

00

20,2

21,0

00

23.0

225.1

331.0

81.5

52.9

6

512.8

45,8

88,4

95

75,6

08,2

76

2.2

4169,3

62,5

38

5%

1.8

08,4

68,0

00

2,1

17,0

00

6,3

51,0

00

19.1

735.2

026.3

71.5

23.0

4

45.7

34,7

67,2

11

27,3

16,1

19

1.9

352,7

20,1

10

37%

1.7

719,5

06,0

00

4,8

76,5

00

14,6

29,0

00

16.9

740.1

019.2

60.4

43.0

0

4A

8.9

26,8

56,6

35

61,1

61,1

81

2.2

0134,5

54,5

98

11%

1.8

114,8

01,0

00

3,7

00,2

50

11,1

00,0

00

16.7

940.8

119.1

80.3

03.2

5

32.9

57,9

50,2

49

23,4

53,2

36

1.7

941,9

81,2

92

63%

1.7

526,4

48,0

00

6,6

12,0

00

19,8

36,0

00

22.5

725.0

820.5

41.6

03.7

2

25.3

57,9

60,2

18

42,5

87,1

67

1.8

076,6

56,9

01

60%

1.7

445,9

94,0

00

11,4

98,5

00

34,4

95,0

00

22.1

227.1

521.9

00.9

23.2

5

11.9

67,9

26,9

89

15,5

36,8

99

1.7

226,7

23,4

66

65%

1.7

217,3

70,0

00

4,3

42,5

00

13,0

27,0

00

24.9

619.2

222.0

01.0

83.5

2

8.6

870,7

26,5

50

613,9

06,4

54

2.0

11,2

36,7

90

,866

31%

1.7

3378,2

27,0

00

25%

94,5

56,7

50

283,6

66,0

00

21.6

028.5

226.6

51.1

43.3

5

11

4.6

9874,2

70

4,1

00,3

24

2.1

18,6

51,6

84

23%

1.7

11,9

89,0

00

596,7

00

1,3

92,0

00

22.7

125.4

231.2

31.6

54.5

2

10

7.7

1859,9

91

6,6

30,5

34

1.9

713,0

62,1

52

41%

1.7

15,3

55,0

00

1,6

06,5

00

3,7

48,0

00

21.6

128.8

828.7

00.9

93.5

9

96.4

4876,6

68

5,6

45,7

44

1.9

811,1

78,5

73

39%

1.7

14,3

59,0

00

1,3

07,7

00

3,0

51,0

00

22.6

626.0

530.2

31.1

73.7

3

812.4

5876,2

88

10,9

09,7

91

2.0

422,2

55,9

74

26%

1.7

45,7

86,0

00

1,7

35,8

00

4,0

50,0

00

20.8

030.6

228.8

81.1

13.5

9

78.3

5872,0

94

7,2

81,9

89

1.8

913,7

62,9

59

44%

1.7

16,0

55,0

00

1,8

16,5

00

4,2

38,0

00

21.8

927.2

829.1

51.0

23.6

5

64.2

61,5

17,7

58

6,4

65,6

48

2.0

012,9

31,2

96

43%

1.7

35,5

60,0

00

1,6

68,0

00

3,8

92,0

00

23.3

224.1

231.8

61.6

43.0

7

58.1

51,5

59,8

16

12,7

12,4

99

2.2

929,1

11,6

23

2%

1.8

4582,0

00

174,6

00

407,0

00

18.6

436.4

226.0

31.6

53.2

0

43.5

62,0

11,1

49

7,1

59,6

89

1.9

614,0

32,9

90

33%

1.7

74,6

30,0

00

1,3

89,0

00

3,2

41,0

00

16.4

940.7

518.7

00.3

23.3

4

4A

7.1

6946,4

60

6,7

76,6

56

2.1

614,6

37,5

77

14%

1.8

02,0

49,0

00

614,7

00

1,4

34,0

00

16.7

241.1

919.0

50.3

03.2

3

32.9

3964,6

49

2,8

26,4

23

1.7

64,9

74,5

04

68%

1.7

43,3

82,0

00

1,0

14,6

00

2,3

67,0

00

22.6

924.6

320.2

41.4

93.9

3

25.3

7966,0

68

5,1

87,7

87

1.7

89,2

34,2

61

64%

1.7

35,9

09,0

00

1,7

72,7

00

4,1

36,0

00

22.1

226.9

721.6

50.8

43.4

1

11.9

5964,3

47

1,8

80,4

77

1.6

83,1

59,2

01

70%

1.7

12,2

11,0

00

663,3

00

1,5

47,0

00

25.2

018.5

621.8

30.9

83.6

3

7.0

710,9

72,7

81

77,5

77,5

61

2.0

2156,9

92,7

94

30%

1.7

347,8

67,0

00

30%

14,3

60,1

00

33,5

03,0

00

21.4

528.6

926.1

91.0

63.5

5

TO

TA

L /

AV

E M

EA

SU

RE

D

Indic

ate

d20%

TO

TA

L /

AV

E I

ND

ICA

TE

D

Infe

rred

25%

TO

TA

L /

AV

E I

NF

ER

RE

D

Re

connais

sance

30%

Swanepoelpan 262 LQ

Measure

d

TO

TA

L /

AV

E R

EC

ON

.

8.5

081,5

44,7

24

693,1

30,1

56

2.0

21,3

96,9

66

,469

31%

1.7

3427,1

66,0

00

26%

109,1

31,2

50

318,0

22,0

00

21.5

828.5

426.6

01.1

33.3

7

8.6

870,9

16,1

98

615,5

52,5

95

2.0

11,2

39,9

73

,675

31%

1.7

3379,2

99,0

00

25%

94,7

71,1

50

284,5

19,0

00

21.6

028.5

226.6

51.1

43.3

5

TO

TA

L /

AV

E R

ES

OU

RC

E /

OC

CU

RR

EN

CE

SW

AN

EP

OE

LP

AN

TO

TA

L /

AV

E R

ES

OU

RC

E F

OR

SW

AN

EP

OE

LP

AN

(E

XC

LU

DIN

G

RE

CO

NN

AIS

SA

NC

E)

without prior written permission.

Sekoko Resource Statement’09.cdr

PAGE 17 of 17

The diagrams and the information herein may not be edited or transmitted in any form or by any means

SEKOKO RESOURCES (PTY) LTD - WATERBERG PROJECTTechnical Resource Statement

stas at 1 November 2009

stDETAILED RESOURCE STATEMENT AS 1 NOVEMBER 2009 - DUIKERFONTEIN 263 LQ

FA

RM

NA

ME

&

NO

.

RE

SO

UR

CE

/

OC

CU

RR

EN

CE

CA

TE

GO

RY

ZO

NE

AV

E Z

ON

E

WID

TH

(m

)

ZO

NE

AR

EA

(m2)

ZO

NE

VO

LU

ME

(m

3)

ZO

NE

RA

W

RD

(t/

m3)

ZO

NE

TO

NN

AG

E (

t)

YIE

LD

BY

MA

SS

(%

)

@ R

D=

1.9

CO

AL

RD

(t/m

3)

@

RD

=1.9

GR

OS

S

TO

NN

ES

IN

SIT

U

GE

OL

.

LO

SS

ES

(%)

CA

LC

UL

AT

ED

GE

OL

OG

ICA

L

LO

SS

ES

(t)

TO

TA

L

TO

NN

ES

IN

SIT

U

CV

(MJkg

)A

SH

(%

)V

OL

.

(%)

SU

LP

H.

(%)

MO

IST.

(%)

11

10 9 8 7 6 5 4 4A 3 2 1

--

--

--

--

--

--

--

--

11

10 9 8 7 6 5 4 4A 3 2 1

--

--

--

--

--

--

--

--

11

3.6

3302,5

27

1,0

98,1

72

2.0

92,2

95,1

79

28%

1.6

6642,0

00

160,5

00

481,0

00

23.1

424.6

331.7

71.9

35.0

6

10

3.5

9297,8

93

1,0

69,4

37

2.0

02,1

38,8

74

39%

1.6

9834,0

00

208,5

00

625,0

00

21.5

529.0

228.0

10.7

84.3

8

96.7

4303,4

13

2,0

45,0

04

1.9

74,0

28,6

58

36%

1.6

71,4

50,0

00

362,5

00

1,0

87,0

00

22.8

125.8

829.6

21.0

74.3

4

811.8

4303,6

19

3,5

94,8

44

1.8

46,6

14,5

13

48%

1.6

73,1

74,0

00

793,5

00

2,3

80,0

00

22.1

227.2

728.5

80.8

84.4

7

76.3

8303,0

20

1,9

33,2

68

1.7

83,4

41,2

17

54%

1.6

61,8

58,0

00

464,5

00

1,3

93,0

00

22.6

325.1

230.9

10.9

44.0

2

6 5 44.3

6303,0

49

1,3

21,2

92

1.9

82,6

16,1

58

29%

1.7

7758,0

00

189,5

00

568,0

00

16.2

441.2

318.4

10.2

53.5

4

4A

6.0

2303,2

03

1,8

25,2

84

2.0

93,8

14,8

44

18%

1.7

7686,0

00

171,5

00

514,0

00

16.6

041.9

618.8

50.2

63.1

8

32.9

3303,4

27

889,0

40

1.6

11,4

31,3

54

89%

1.6

91,2

73,0

00

318,2

50

954,0

00

23.0

323.2

219.2

80.8

84.6

4

25.7

7303,3

00

1,7

50,0

39

1.6

42,8

70,0

64

83%

1.6

92,3

82,0

00

595,5

00

1,7

86,0

00

21.9

826.8

220.8

00.4

43.9

3

12.1

3303,2

56

645,9

35

1.4

7949,5

24

94%

1.6

6892,0

00

223,0

00

669,0

00

25.8

716.4

721.4

00.4

13.9

9

6.6

42,4

35,5

90

16,1

72,3

15

1.8

730,2

00,3

85

46%

1.6

813,9

49,0

00

25%

3,4

87,2

50

10,4

57,0

00

21.9

827.1

725.4

40.7

84.2

0

11

4.0

3818,9

85

3,3

00,5

08

2.0

96,8

98,0

62

28%

1.6

61,9

31,0

00

579,3

00

1,3

51,0

00

23.1

424.6

331.7

71.9

35.0

6

10

4.8

3778,7

73

3,7

61,4

76

2.0

07,5

22,9

52

39%

1.6

92,9

33,0

00

879,9

00

2,0

53,0

00

21.5

529.0

228.0

10.7

84.3

8

96.5

8824,3

29

5,4

24,0

86

1.9

710,6

85,4

49

36%

1.6

73,8

46,0

00

1,1

53,8

00

2,6

92,0

00

22.8

125.8

829.6

21.0

74.3

4

812.1

4824,3

06

10,0

07,0

75

1.8

418,4

13,0

18

48%

1.6

78,8

38,0

00

2,6

51,4

00

6,1

86,0

00

22.1

227.2

728.5

80.8

84.4

7

76.8

6818,7

13

5,6

16,3

71

1.7

89,9

97,1

40

54%

1.6

65,3

98,0

00

1,6

19,4

00

3,7

78,0

00

22.6

325.1

230.9

10.9

44.0

2

65.0

8421

2,1

40

2.0

04,2

80

45%

1.7

31,0

00

300

023.4

023.8

832.0

51.6

73.0

6

59.8

7421

4,1

59

2.3

09,5

66

1%

1.8

50

00

18.5

836.5

126.0

31.6

93.2

3

44.1

2822,6

17

3,3

89,1

84

1.9

86,7

10,5

84

29%

1.7

71,9

46,0

00

583,8

00

1,3

62,0

00

16.2

441.2

318.4

10.2

53.5

4

4A

6.6

8823,1

37

5,4

98,5

56

2.0

911,4

91,9

82

18%

1.7

72,0

68,0

00

620,4

00

1,4

47,0

00

16.6

041.9

618.8

50.2

63.1

8

32.9

5823,5

21

2,4

29,3

87

1.6

13,9

11,3

13

89%

1.6

93,4

81,0

00

1,0

44,3

00

2,4

36,0

00

23.0

323.2

219.2

80.8

84.6

4

25.6

8823,8

34

4,6

79,3

77

1.6

47,6

74,1

78

83%

1.6

96,3

69,0

00

1,9

10,7

00

4,4

58,0

00

21.9

826.8

220.8

00.4

43.9

3

12.1

0824,8

30

1,7

32,1

44

1.4

72,5

46,2

52

94%

1.6

62,3

93,0

00

717,9

00

1,6

75,0

00

25.8

716.4

721.4

00.4

13.9

9

6.8

86,6

63,4

39

45,8

44,4

63

1.8

785,8

64,7

76

46%

1.6

839,2

04,0

00

30%

11,7

61,2

00

27,4

38,0

00

21.9

727.2

125.5

70.7

94.2

0

Duikerfontein 263 LQ

Measure

d

TO

TA

L /

AV

E M

EA

SU

RE

D

Indic

ate

d

TO

TA

L /

AV

E I

ND

ICA

TE

D

Infe

rred

25%

TO

TA

L /

AV

E I

NF

ER

RE

D

Re

connais

sance

30%

TO

TA

L /

AV

E R

EC

ON

.

6.8

29,0

93,3

69

62,0

16,7

78

1.8

7116,0

65,1

61

46%

1.6

853,1

53,0

00

29%

15,2

48,4

50

37,8

95,0

00

21.9

727.2

025.5

30.7

94.2

0

6.6

42,4

35,5

90

16,1

72,3

15

1.8

730,2

00,3

85

46%

1.6

813,9

49,0

00

25%

3,4

87,2

50

10,4

57,0

00

21.9

827.1

725.4

40.7

84.2

0

TO

TA

L /

AV

E R

ES

OU

RC

E /

OC

CU

RR

EN

CE

DU

IKE

RF

ON

TE

IN

TO

TA

L /

AV

E R

ES

OU

RC

E F

OR

DU

IKE

RF

ON

TE

IN (

EX

CL

UD

ING

RE

CO

NN

AIS

SA

NC

E)