Lecture on Sovereign Mines of Africa PLC, presented by geologist and Exploration Director John Barry to the Gold and Silver Summit, London, November 8, 2010.

1. Sovereign Mines of Africa
A small company with a big idea
“A ground breaking Public-Private Partnership
heralding a new era in gold exploration,
ore-finding and mine development
in sub-Saharan Africa.”

2. Forward-looking Statements
Statements in this presentation that
relate to expectations, beliefs,
forecasts, objectives, assumptions and
future events or performance do not
constitute historical facts but are rather
considered to be forward-looking
statements. Such statements generally
contain terms including, but not limited
to, “believes”, “does”, “expects”,
“anticipates”, “estimates”, “forecasts”,
“intends” and “plans”, as well as the
use of the conditional tense. For
instance, statements regarding
financial condition, probable or
expected future results of operation,
growth prospects, management’s plans
and objectives, the market for our
common shares or the future
management and corporate structure
are all forward-looking statements.
There can be no assurance that such
statements will prove to be accurate.
Such statements are subject to known
and unknown risks, uncertainties and
assumptions that could influence
actual achievements and render them
different from the expectations
described or implied by forward-
looking statements regarding results,
activities, return or achievements.
Sovereign Mines of Africa

3. SMA At A Glance
• Listing: PLUS
• Ticker: SVGP
• Recent Share Price: 9.75p
• Shares outstanding & fully diluted : 139,702,183
• Market Capitalization: £13.6m
• Cash: £1m
• 52 week low-high: 2.5p – 9.75p
• Share Ownership: Insiders hold 46.89%
Sovereign Mines of Africa

4. SMA Group Structure
Sovereign Mines of Africa
Sovereign Mines
of Africa Plc
Sovereign Mines
of Africa Limited
Sovereign Mines
of Guinea
Limited
Guiord SA
100%
50%
100%
Local Investors
John Barry
Exploration Director
OGM
7.5%
2.5%
40%

5. West Africa – Major Gold Deposits
Sovereign Mines of Africa

6. SMG Projects Location Map
GUINEA
Sovereign Mines of Africa

7. Mandiana-Magana
Gold Exploration Permit Area
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8. Mandiana –Magana
Small-scale mining camp - +3,000 pits
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9. Mandiana Gold-mining camp
Preliminary Structural Interpretation
Sovereign Mines of Africa

10. Why Invest in SMA?
• Highly experienced (grey-hairs) geological
team with a strong track record of mult-
million-ounce gold discoveries.
• SMA non-executive Director has extensive
network of Government contacts
throughout Africa.
• Highly Prospective portfolio of gold
properties in Guinea.
• Reproducing the PPP strategy across Africa
and positioning SMA as an incubator of
major gold development projects and
producing gold mines.
Sovereign Mines of Africa

11. Discovery Development Production
“Excitement” “Investment Analysis” “Real Results”
VALUE
TIME
GREATEST
VALUE
ADDED
THROUGH
E&D
POSITIVE
FEASIBILITY
FINANCING & START-UP
CONSTRUCTION PROBLEMS
The E & D
Business 
The Mining
 Business
LONG TERM
VALUE ADDED
Sovereign Mines of Africa
SMA Value Growth Proposition
leveraged on early-stage discovery –
Maiden Drilling on Mandiana Planned for Q1, 2011

12. Mandiana-Magana
Exploration Plan and Budget
• First pass sampling of ore from pits
within four separate small-scale mining
areas within the camp
-Objective: qualitative early indication of
distribution of gold mineralization and
potential grade ranges – before locating
initial drill holes
• 3,000 metres of Reverse-Circulation
Drilling drilling (25 drill-holes)
-Early “thin-slice” indication of the sub-
surface extent and width and grade of
each of four small-scale mining prospects.
Sovereign Mines of Africa

13. Conclusions
• SMA is a “minnow” focused on gold discovery in Africa:
• People - Highly experienced exploration management
which has seen a lot of rocks and with track record of
major gold discoveries discovery
• Project – Mandiana-Magana is within a world-class
gold district and the property covers a major gold
mineralising system with over 3,000 artisanal pits and
has NEVER been drilled.
Sovereign Mines of Africa