2

3

PARTNERING WITH EBM MINING NAMIBIA TO TARGET PRODUCTION IN 2016

CONTINUING TO OPERATE A PERMITTED, EXISTING MINE SITE WITH SIGNIFICANT INFRASTRUCTURE

4

N

5

Kombat East

Kombat Central

Kombat West

Asis West

Asis Far West

# 3Shaft

#1Shaft

Asis Far West Shaft

Mulden Shale

7

Rod and Ball Mills Flotation Circuits AFW Shaft Hoist

8

9

10

11

12

2015 Drilling

Area #3 shaft

#1shaft

AFWshaft

14

Angola

Botswana

South Africa

Zambia

Kombat Mine

15

16

52 Week Price Performance

$0.00

$0.02

$0.04

$0.06

$0.08

$0.10

$0.12

17

18

19

20