Developing a world-class rare earth deposit in South Africa

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Zandkopsdrift Project Area Gravel road to N7 Zandkopsdrift carbonatite complex N7 tarred road to Cape Town Exxaro Resources Namakwa Sands M<strong>in</strong>e (~45 km) Bitterfonte<strong>in</strong> rail head (~44 km by road) 7 │
ZC1 Carbonatite 8 │
Page 1 and 2: DRAFT Developing a world-class rare
Page 3 and 4: Topics 1 Frontier Overview 2 The Za
Page 5 and 6: Recent Rare Earth Market Developmen
Page 7: Project Location 6 │
Page 11 and 12: Evaluation Work on ZC1 to date Ang
Page 13 and 14: ZC1 Total Resource - Indicated @ 2.
Page 15 and 16: ZC1-A Zone - Indicated @ 2.74% TREO
Page 17 and 18: ZC1-C Zone - Indicated @ 4.72% TREO
Page 19 and 20: Exploration and Resource Upgrade Po
Page 21 and 22: Resource Expansion Potential 20 │
Page 23 and 24: Metallurgical Sample Sites Drill si
Page 25 and 26: Project Development Plans - 2011/20
Page 27 and 28: Rare Earth Metallurgy Metallurgy i
Page 29 and 30: Big 5 Combined Absolute Grade % 2.0
Page 31 and 32: Project Comparison on Metal Equival
Page 33 and 34: Comparative Valuation-Overview Comp
Page 35 and 36: Zandkopsdrift Summary World-class
Page 37 and 38: Rare Earths - Overview Series of 1
Page 39 and 40: Rare Earths - Historical Supply Ch
Page 41 and 42: Management Management team with ext
Page 43 and 44: ZC1 Historical Exploration 42 │
Page 45 and 46: ZC1-C Zone: Significant High Grade
Page 47: LREO HREO REO Prices and Relative D

Developing a world-class rare earth deposit in South Africa

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