The document describes the Kombat copper project in Namibia. It details past production at the mine, including 12 Mt mined at 2.3% copper, 1.9% lead and 18 g/t silver. An inferred resource of 1.7 Mt remains at 1.93% copper and 16 g/t silver. The project also includes the nearby Tsumeb mine which historically produced 30 Mt at 4.3% copper, 13.9% lead/zinc and 95 g/t silver. Exploration results are presented and the project is situated in a region with other base and precious metals mines.

2. 2

3. 3










4. 4
EPL-3943
EPL-3941
EPL-3942
EPL-3979
EPL-3944
GrootfonteinOtavi
Otjituuo
Harasib
Gross Otavi
Kombat
Copper Smelter
Mined -12 Mt @ 2.3% Cu, 1.9% Pb, 18 g/t Ag
Inferred Resource 1.7 Mt @ 1.93% Cu, 16 g/t Ag
(2.15% Cu Eq)
Tsumeb Mine – 30Mt at 4.3% Cu,
13.9% Pb/Zn, 95g/t Ag
Tschudi Project
Reserve 22.5Mt
@ 0.87% Cu



5. 5
Asis Far West Sector
Inferred Resource of 1.7Mt @ 1.93%
Cu and 16g/t Ag (2.15% Cu Eq.)
#1 Shaft
Kombat
Town
#3 Shaft
Tailings
Mill
Asis Far
West Shaft
0 3.5km

6. 


6

7. 7






8. 8
Cut-Off
Grade
Cu%
Tonnes
(000's)
Bulk
Density
t/m3
Cu
%
Pb
%
Ag
g/t
CuEq
%
Wireframe 2,967 2.82 1.39 0.17 12.6 1.58
0.25 2,938 2.82 1.4 0.16 12.7 1.59
0.5 2,729 2.82 1.48 0.15 13.2 1.67
1.0 1,679 2.83 1.93 0.13 15.9 2.15
1.5 787 2.85 2.71 0.13 20.3 2.98
2.0 439 2.86 3.51 0.1 26.2 3.83
2.5 286 2.88 4.19 0.09 30.7 4.56
3.0 206 2.89 4.76 0.09 34.7 5.18
3.5 155 2.9 5.27 0.09 38.8 5.73
4.0 114 2.91 5.82 0.09 42.8 6.33
4.5 78 2.92 6.53 0.09 48.1 7.1
5.0 54 2.94 7.32 0.09 55.7 7.97




9. 9


10. 10
sandstone
Fe-Mn
ore
dolomite

11. 



11
Rod and Ball Crushers Flotation and Filtration Circuits Shaft Hoist

12. 



12

13. 13



Central Pit
Area

14. 14
Year 1 Year 2

15. 


16. Sabre Resources# –– Guchab Deposit
GCDD0001 - 107.75m @ 1.15% Cu, 6.90g/t Ag
GCDD0005 - 22.20m @ 3.45% Cu, 29.70g/t Ag
GCDD0011 - 18.85m @ 1.06% Cu, 15.05g/t Ag
GCDD0014 - 53.10m @ 1.23% Cu, 11.20g/t Ag
GCDD0015 - 51.85m @ 1.35% Cu, 15.50g/t Ag
GCDD0025 - 58.62m @ 1.38% Cu, 28.30g/t Ag
GCDD0019 - 45.65m @ 1.04% Cu, 12.27g/t Ag
GCDD0039 - 23.15m @ 1.29% Cu, 4.5g/t Ag
GCDD0045 - 21.86m @ 2.22% Cu, 44.6g/t Ag
GCDD0046 - 26.40m @ 2.44% Cu, 43.6g/t Ag
Historic
Resource*
Tonnes Cu % Pb % Ag g/t
157,549 1.54 5.85 15.43
Mined -12 Mt @ 2.3% Cu, 1.9% Pb, 18 g/t Ag
Inferred Resource 1.7 Mt @ 1.93% Cu, 16 g/t Ag
(2.15% Cu Eq)

17. 




18. 


18
Tschudi Project
Reserve 22.5 Mt @
0.87% Cu

19. 19
EPL-3943
EPL-3941
EPL-3942
EPL-3979
EPL-3944
Grootfontein
Otavi
Otjituuo
Harasib
Gross Otavi
Kombat
Copper Smelter
Tsumeb Mine – 30Mt at 4.3% Cu,
13.9% Pb/Zn, 95g/t Ag
Tschudi Project
Reserve 22.5 Mt
@ 0.87% Cu
B2 Gold’s Otjikoto Mine
29MT @ 1.4g/t Au

Base
Metals
Base
Metals
Base Metals
and Gold
Mined -12 Mt @ 2.3% Cu, 1.9% Pb, 18 g/t Ag
Inferred Resource 1.7 Mt @ 1.93% Cu, 16 g/t Ag
(2.15% Cu Eq.)

20. 







20
Angola
Botswana
South Africa
Zambia
Kombat Mine

21. 21

22. 22
52 Week Price Performance
$0.00
$0.02
$0.04
$0.06
$0.08
$0.10
$0.12
$0.14
$0.16
$0.18
$0.20

23. 23





24. 24






25. 25










26. 26

27. 27