Ann: High Grade Cobalt and Copper Results at Kamilombe Project, page-53

Folks, some insight from the director. I got consent to share this. Some of this has already been covered. Reading between the lines, there is a lot of confidence in these projects.

From: ()
Sent: 02 August 2018 03:01 AM

To: Mark Gasson <[email protected]>
Subject: Kamilombe Cobalt

Hi Mark,

I’m a shareholder of Taruga Minerals. I’m trying to better understand why there is such a huge discrepancy between the recently announced Cobalt grades for Kamilombe and those reported by KCC/Gecamines.

Can I get your thoughts on that?

Regards,

From: Mark Gasson <[email protected]>
Sent: Thursday, 2 August 2018 3:18 PM
To: ()
Subject: RE: Kamilombe Cobalt

Hi ()

We have no idea of methods used to come up with their grades or what they even reported or whether these were from a credible laboratory. This information was not available and the reason for twinning the holes. The fact that our first hole is better than anything drilled in Australia and many results reported from DRC if not better than all has been completely overlooked by the market who are only focused on Gecamines results. The market has also totally overlooked any mineralisation at Mwilu.

We are confident of reporting similar high grade results for both projects starting with the next batch expected before the end of the coming 2 weeks.

Thank you for your support.

Kind Regards
Mark