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Independent Geologist's Report Mozambique - Syrah Resources Ltd

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• Additional fault-related davidite mineralisation at Inhatobui and Castro that<br />

remains to be tested, as well as other areas defined by ground and airborne<br />

radiometrics.<br />

• Follow up mapping and sampling to assess the molybdenite potential of Mavuzi<br />

Fault Corridor<br />

• Follow up work to assess the base metal and possible PGE potential over areas<br />

defined by stream sediment geochemistry.<br />

In order to achieve these objectives it is strongly recommended that all of the existing<br />

Omegacorp data is compiled, synthesised with a view to determining whether the<br />

existing prospects at Mavuzi Airport, Mavuzi Mine and Kaboazi Creek have been<br />

sufficiently tested as well as to validate existing geological mapping. It is recommended<br />

that detailed geological mapping is completed, in particular over anomalous areas<br />

defined by the stream sediment sampling located to the north of the Mavuzi River.<br />

Jacana <strong>Resources</strong> – Technical <strong>Report</strong> - <strong>Mozambique</strong>– September 2011 Page: 27

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