Incorporated in November 2005. Incorporated in November 2005

Incorporated in November 2005.

• Incorporated in November 2005.

• Granted prospecting rights of 39000ha within 6 months (Currently have 77 000ha at the Insizwa project).

• Raised ZAR18.2m (South Africa, Canada, USA).

• Granted prospecting permit for historic Musina Copper Dumps and Oxide caps (September 2007).

• Completed Scoping study on the Musina Copper Dumps and Oxide Caps (January 2008).

• Raised ZAR 16m (South Africa, Canada and USA) February 2008.

• Completed a competent person’s report on the Insizwa Nickel Project (October 2008).

• Granted exploration permits on 8 farms in the Northern Natal (KZN) coalfields (October/November 2008).

• Entered into a joint venture agreement with Vale to further explore the Insizwa Nickel Project, where 20 million USD will be spent on exploration (including option payments of US $1.65 million – to be paid over a five year period).

Hands on Management Team.

• Hands on Management Team.

• Focusing on acquiring and developing brownfields projects.

• Currently building a substantial coal portfolio in the Natal region, close to the Richards Bay port.

• Capitalise on 2009 MPRDA deadline (“Use it or Lose it”) to partner with majors.

Our Ability to acquire, explore and develop mining projects in Southern Africa.

• Our Ability to acquire, explore and develop mining projects in Southern Africa.

• Our Ability to raise the necessary finance in South Africa and North America.

• Our Management’s Ability to successfully convert projects.

• Our comprehensive geological database.