Kbt corporate

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EPL-3943

EPL-3941 EPL-3942

EPL-3979

EPL-3944

Grootfontein Otavi

Otjituuo

Harasib

Gross Otavi

Kombat

Copper Smelter

Mined -12 Mt @ 2.3% Cu, 1.9% Pb, 18 g/t Ag Inferred Resource 1.7 Mt @ 1.93% Cu, 16 g/t Ag (2.15% Cu Eq)

Tsumeb Mine – 30Mt at 4.3% Cu, 13.9% Pb/Zn, 95g/t Ag

Tschudi Project Reserve 22.5Mt @ 0.87% Cu

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Asis Far West Sector

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

#1 Shaft

Kombat Town

#3 Shaft

Tailings

Mill

Asis Far West Shaft

0 3.5km

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Cut-Off

Grade

Cu%

Tonnes

(000's)

Bulk

Density

t/m3

Cu

%

Pb

%

Ag

g/t

CuEq

%

Wireframe 2,967 2.82 1.39 0.17 12.6 1.58

0.25 2,938 2.82 1.4 0.16 12.7 1.59

0.5 2,729 2.82 1.48 0.15 13.2 1.67

1.0 1,679 2.83 1.93 0.13 15.9 2.15

1.5 787 2.85 2.71 0.13 20.3 2.98

2.0 439 2.86 3.51 0.1 26.2 3.83

2.5 286 2.88 4.19 0.09 30.7 4.56

3.0 206 2.89 4.76 0.09 34.7 5.18

3.5 155 2.9 5.27 0.09 38.8 5.73

4.0 114 2.91 5.82 0.09 42.8 6.33

4.5 78 2.92 6.53 0.09 48.1 7.1

5.0 54 2.94 7.32 0.09 55.7 7.97

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sandstone

Fe-Mn

ore

dolomite

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Rod and Ball Crushers Flotation and Filtration Circuits Shaft Hoist

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Central Pit Area

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Year 1 Year 2

Sabre Resources# –– Guchab Deposit GCDD0001 - 107.75m @ 1.15% Cu, 6.90g/t Ag GCDD0005 - 22.20m @ 3.45% Cu, 29.70g/t Ag GCDD0011 - 18.85m @ 1.06% Cu, 15.05g/t Ag GCDD0014 - 53.10m @ 1.23% Cu, 11.20g/t Ag GCDD0015 - 51.85m @ 1.35% Cu, 15.50g/t Ag GCDD0025 - 58.62m @ 1.38% Cu, 28.30g/t Ag GCDD0019 - 45.65m @ 1.04% Cu, 12.27g/t Ag GCDD0039 - 23.15m @ 1.29% Cu, 4.5g/t Ag GCDD0045 - 21.86m @ 2.22% Cu, 44.6g/t Ag GCDD0046 - 26.40m @ 2.44% Cu, 43.6g/t Ag

Historic Resource*

Tonnes Cu % Pb % Ag g/t

157,549 1.54 5.85 15.43

Mined -12 Mt @ 2.3% Cu, 1.9% Pb, 18 g/t Ag Inferred Resource 1.7 Mt @ 1.93% Cu, 16 g/t Ag (2.15% Cu Eq)

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Tschudi Project Reserve 22.5 Mt @

0.87% Cu

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EPL-3943

EPL-3941 EPL-3942

EPL-3979

EPL-3944

Grootfontein

Otavi Otjituuo

Harasib

Gross Otavi

Kombat

Copper Smelter Tsumeb Mine – 30Mt at 4.3% Cu,

13.9% Pb/Zn, 95g/t Ag

Tschudi Project Reserve 22.5 Mt @ 0.87% Cu

B2 Gold’s Otjikoto Mine 29MT @ 1.4g/t Au

Base Metals

Base Metals

Base Metals and Gold

Mined -12 Mt @ 2.3% Cu, 1.9% Pb, 18 g/t Ag Inferred Resource 1.7 Mt @ 1.93% Cu, 16 g/t Ag (2.15% Cu Eq.)

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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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