Objective Capital's Global Resources Investment Forum 2012 Ironmongers' Hall, City of London 25 September 2012 Speaker: Andrew Cranswick, ACR

1. GLOBAL RESOURCES
INVESTMENT FORUM
Andrew Cranswick – CEO, African Consolidated Resources
IRONMONGERS’ HALL, CITY OF LONDON TUESDAY, 25 SEP 2012
www.ObjectiveCapitalConferences.com

2. AFRICAN CONSOLIDATED RESOURCES PLC - AIM: AFCR
High grade, 4.3 million ounce, JORC–certified deposit
2.4m Inferred; 1.9m Measured & Indicated
1.6m troz Pit @ 2g/t Au > 50% Measured / Indicated
1.6m Underground @ 4+g/t Au > 50% Measured / Indicated
BFS commencing - 2012 Q4

3. Pickstone Open Pit : BFS SIMPLIFIED
OPTIMIZATION METHODOLOGY

4. PICKSTONE SECTION: GRADE DISTRIBUTION MODEL
State-of-the-Art Technology Applied – BFS simplified

5. State-of-the-Art Technology Applied – BFS simplified
Peerless ore shell with Pickstone to right

6. AFRICAN CONSOLIDATED RESOURCES PLC - AIM: AFCR
High grade, 4.3 million ounce, JORC–certified deposit
2.4m Inferred; 1.9m Measured & Indicated
1.6m troz Pit @ 2g/t Au > 50% Measured / Indicated
1.6m Underground @ 4+g/t Au > 50% Measured / Indicated
BFS commencing - 2012 Q4