Ann: Global Resource Grows by 428,000oz Au to 3.67Moz at WBP, page-4

The Board is pleased to announce the continued growth of our Witwatersrand Basin Project through the solid work of our geology team. The Board’s goal is to continue exploration work to further grow WWI’s resource and obtain the two applied for mining permits in the second half of 2018. A solid recovery in gold production from the Kimberley Central Open Pit for May-June should underpin the necessary cash flow to continue funding project development as WWI prepares to scale up production over the balance of the year.

The next step in updating the mineral resources for the WPB is to continue the Company’s focus on the Kimberley reef area, targeting the K9A reef which sits approximately 20-30m above the K9B reef. Previous mining of both the K9A andK9B shows that both ore bodies can be developed and mined simultaneously using essentially the same infrastructure. The Kimberley East project is the primary target for the Company’s plans to recommence underground mining on the WBP once the current mining right application in granted as expected in 2019. Management is also focused on expediting the Mining Permit & Mining Right applications with the regulatory bodies which, upon approval, will dramatically increase current production.