Garatau Project

The Garatau Project consists of two contiguous properties Garatouw 282KT and De Kom 252KT. These farms are located adjacent to three operating mines: the Marula Mine of Impala Platinum, Smokey Hills Mine of Platinum Australia and Anglo Platinum’s Modikwa Mine.

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Tubatse Project

The Tubatse project consists of three contiguous properties Hoepakrantz 291KT, Nooitverwacht 324KT and Eerste Geluk 327KT. These farms are an extension south of the two Garatau Project farms mentioned above, and are located down dip to the adjacent Anglo Platinum’s Modikwa platinum mine.

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Pilanesberg Project

The project consists of two properties, Rooderand and Ruighoek which are advanced stage exploration projects.

Rooderand is located on the north-western rim of the Pilanesberg National Park and exploration success during 2006 increased the JORC compliant Mineral Resource to 36.7m Mt @ 3.8 g/t for 4.5Moz (3PGE+Au), geologically discounted.  A new order prospecting right has been issued on this project.

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