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Developing a world-class rare earth deposit in South Africa

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Operational Update<br />

►2011 drill programme<br />

commenced at ZC1 <strong>in</strong><br />

January<br />

►Metallurgical samples<br />

for process<strong>in</strong>g to be<br />

shipped to SGS M<strong>in</strong>erals<br />

Services <strong>in</strong> March<br />

►Up to 20,000 meters of<br />

RC and core drill<strong>in</strong>g<br />

planned over the next 6<br />

months to focus on:<br />

►Metallurgical sampl<strong>in</strong>g<br />

►Geological controls<br />

►Stratigraphic analysis<br />

►Infill<br />

►Step out / close out<br />

►Satellite pipes /<br />

<strong>in</strong>trusives<br />

21 │

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