• Operations Update
– Bindura Nickel Corporation
– Freda Rebecca gold mine
• Exploration update
– Zani Kodo gold prospect – DRC
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– Zani Kodo gold prospect – DRC
– SEMHKAT base metals – DRC
– Zimbabwe gold

• Freda Rebecca gold mine successfully returned to production
– 2,580 ounces of gold dore have been produced since recommissioning
– Up to US$10 million debt funding approved by IDC
• Care and maintenance programme continued continuing at BNC
– Production of concentrate to resume from the Trojan mine, subject to availability
of finance. Discussions with potential financiers underway
• 10,726 carats produced at Klipspringer diamond mine in South Africa
Exploration Highlights
• Initial drilling at the Zani Kodo prospect in the DRC outlined JORC compliant
indicated resources of 190,684 oz and inferred resources of 261,192 oz of gold
– Further intersections announced following completion of nine-hole, 2,550m
diamond core drilling program at the Kodo Main section
• Agreement for sale of Konongo (Ghanaian gold exploration) concluded in May 2009

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