r Exclusive option to acquire a 100% interest in the Mahenge...

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Exclusive option to acquire a 100% interest in the Mahenge North Graphite Project, Tanzania
Two known graphite prospects ‐ Ndololo and Epanko North

Epanko North lies contiguous to the 14.9Mt @ 10.5% TGC (Inferred) Epanko Graphite Resource, Kibaran Resources Limited (KNL.ASX)

Potential premium product at Ndololo – sample flake sizes ranging between 1.5 and 8.5mm

Recent drilling highlights potential – 29m @ 6.8% TGC from 12m inc 11m @ 11.2% from 12m

Metallurgical study confirms 95.7% recovery and 15.5% TGC (Total Graphitic Content) head grade

Supportive domestic environment with stable government, significant existing mining activity and established infrastructure

Opportunity for rapid and cheap transformation from discovery, through to resource definition to scoping and off ‐take ‐ Early exercise of option ahead of option expiry probable.

MAHENGE NORTH GRAPHITE PROJECT

Located in south‐central Tanzania ~245km SW of the city of Morogoro

Close proximity to existing rail infrastructure accessing the ports of Dar es Salaam and Tanga

One granted exploration licence ~292km2

Two significant project areas of graphite mineralisation:
Ndololo
Epanko North

Previous sampling – 15.5% TGC head grade and 95.7% recovery

Recent exploration – 21 hole RC drill program at Ndololo (KNL, 2012) – refer Appendix 1 for previous drill results

Hope this info helps... but of course always DYOR also...