Tenement Schedule

Project Name

Tenement Number

Location

Interest

Change in quarter

Chapudi Project*

Albert 686 MS-

Limpopo~

74%

Bergwater 712 MS--

74%

Remaining Extent and Portion 2 of Bergwater 697 MS--

74%

Blackstone Edge 705 MS

74%

Remaining Extent & Portion 1 of Bluebell 480 MS-

74%

Remaining Extent & Portion 1 of Bushy Rise 702 MS--

74%

Castle Koppies 652 MS--

74%

Chapudi 752 MS --

74%

Remaining Extent, Portions 1, 3 & 4 of Coniston 699 MS--

74%

Driehoek 631 MS--

74%

Remaining Extent of Dorps-rivier 696 MS--

74%

Enfield 512 MS (consolidation of Remaining Extent of Enfield 474 MS, Brosdoorn 682 MS & Remaining Extent of Grootvlei 684 MS)--

74%

Remaining Extent and Portion 1 of

74%

Grootboomen 476 MS-

74%

Grootvlei 684 MS--

74%

Kalkbult 709 MS

74%

Remaining Extent, Remaining Extent of Portion 2, Remaining Extent of Portion 3, Portions 1, 4, 5, 6, 7 & 8 of Kliprivier 692 MS-

74%

Remaining Extent of Koodoobult 664 MS-

74%

Koschade 657 MS (Was Mapani Kop 656 MS)-

74%

Malapchani 659 MS-

74%

Mapani Ridge 660 MS-

74%

Melrose 469 MS-

74%

Middelfontein 683 MS-

74%

Mountain View 706 MS-

74%

M'tamba Vlei 654 MS

74%

Remaining Extent & Portion 1 of Pienaar 635 MS-

74%

Remaining Extent & Portion 1 of Prince's Hill 704 MS-

74%

Qualipan 655 MS-

74%

Queensdale 707 MS-

74%

Remaining Extent & Portion 1 of Ridge End 662 MS-

74%

Remaining Extent & Portion 1 of Rochdale 700 MS-

74%

Sandilands 708 MS-

74%

Portions 1 & 2 of Sandpan 687 MS--

74%

Sandstone Edge 658 MS-

74%

Remaining Extent of Portions 2 & 3 of Sterkstroom 689 MS--

74%

Sutherland 693 MS-

74%

Remaining Extent & Portion 1 of Varkfontein 671 MS--

74%

Remaining Extent, Portion 2, Remaining Extent of Portion 1 of Vastval 477 MS-

74%

Vleifontein 691 MS-

74%

Ptn 3, 4, 5 & 6 of Waterpoort 695 MS--

74%

Wildebeesthoek 661 MS-

74%

Woodlands 701 MS-

74%

Kanowna West and

M27/41

Coolgardie^

23.68%

Kalbara

M27/47

23.68%

M27/59

23.68%

M27/72,27/73

23.68%

M27/114

23.68%

M27/181

21.31%

M27/196

23.68%

M27/414,27/415

23.68%

P27/1826-1829

23.68%

P27/1830-1842

23.68%

P27/1887

23.68%

Abbotshall Royalty

ML63/409,410

Norseman^

Royalty

Kookynie Royalty

ML40/061

Leonora^

Royalty

ML40/135,136

Royalty

Holfontein

Remaining extent, Remaining Extent of portions 1, 5 and 11 and portions 4, 6, 9, 10, 12 and 13 of the farm Holfontein 138 IS

Mpumalanga~

100%

Makhado Project

Fripp 645 MS

Limpopo~

100%

Lukin 643 MS

100%

Remaining Extent and Portion 1 of Overwinning 713 MS

100%

Salaita 188 MT

100%

Tanga 648 MS

100%

Remaining Extent, Portion 1 and

Portion 2 of the farm Windhoek 649 MS

100%

Generaal Project

Beck 568 MS--

Limpopo~

74%

Bekaf 650 MS-

74%

Remaining Extent & Portion 1 of Boas 642 MS-

74%

Chase 576 MS-

74%

Coen Britz 646 MS-

74%

Fanie 578 MS-

74%

Gray 189 MT

100%

Portions 1, 2 and Remaining Extent of Generaal 587 MS-

74%

Joffre 584 MS-

74%

Juliana 647 MS

74%

Kleinenberg 636 MS-

74%

Remaining Extent of Maseri Pan 520 MS-

74%

Remaining Extent and Portion 2 of Mount Stuart 153 MT--

100%

Nakab 184 MT--

100%

Phantom 640 MS--

74%

Riet 182 MT--

100%

Rissik 637 MS-

100%

Salaita 188 MS-

74%

Schuitdrift 179 MT-

100%

Septimus 156 MT--

100%

Solitude 111 MT-

74%

Stayt 183 MT--

100%

Telema 190 MT

100%

Remaining Extent & Portion 1 of Terblanche 155 MT--

100%

Van Deventer 641 MS-

74%

Wildgoose 577 MS-

74%

Mopane Project*

Ancaster 501 MS--

Limpopo~

100%

Banff 502 MS-

74%

Bierman 599 MS-

74%

Cavan 508 MS

100%

Cohen 591 MS--

100%

Remaining Extent, Portions 1 & 2 of Delft 499 MS-

74%

Dreyer 526 MS--

74%

Remaining Extent of Du Toit 563 MS-

74%

Faure 562 MS

74%

Remaining Extent and Portion 1 of Goosen 530 MS --

74%

Hermanus 533 MS-

74%

Jutland 536 MS--

100%

Krige 495 MS-

74%

Mons 557 MS-

100%

Remaining Extent of Otto 560 MS (Now Honeymoon)-

74%

Remaining Extent & Portion 1 of Pretorius 531 MS-

74%

Schalk 542 MS-

74%

Stubbs 558 MS-

100%

Ursa Minor 551 MS--

74%

Van Heerden 519 MS--

74%

Portions 1, 3, 4, 5, 6, 7, 8, 9, Remaining Extent of Portion 10, Portions 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 26, 27, 29, 30, 35, 36, 37, 38, 39, 40, 41, 44, 45, 46, 48, 49, 50, 51, 52 & 54 of Vera 815 MS

74%

Remaining Extent of Verdun 535 MS-

74%

Voorburg 503 MS--

100%

Mooiplaats

Portions 1, 9,14,17,18,19,20 & Remaining Extent of Mooiplaats 290 IT

Mpumalanga~

74%

Previously 100% - Ferret Environmental Services (Pty) Ltd reinstated as 26% shareholders in terms of a litigation settlement agreement

Portion 2, 3 and Remaining Extent of Klipbank 295 IT

74%

Portions 1, 2 and Remaining Extent of Adrianople296 IT

74%

Portions 2 & 3 of Willemsdal 330 IT

74%

Portions 2, 3, 4 & Remaining Extent) of De Emigratie 327 IT

74%

Remaining Extent and Portions 2, 5, 8,10 & 13 of Buhrmansvallei 297 IT

74%

Klipfontein 442 IT

74%

Vele

Portions of Overvlakte 125 MS (Remaining Extent, 3, 4, 5, 6, 13, 14)

Limpopo~

100%

Bergen Op Zoom 124 MS

100%

Semple 155 MS

100%

Voorspoed 836 MS

100%

Alyth 837 MS

Lizzuela 62 MS

Patracia 65 MS

Hacyon 69 MS

100%

100%

100%

100%

Klipbank**

Portions 15,16,17 (also known as Mineral area 1) of Klipbank 467 JS

Mpumalanga~

100%

Portions 4 - 27 of Klipbank 467 JS

100%

Portion 1 and 2 of the farm Sterkwater 317 JS

100%

Opgoedenhoop**

Portion 5 of Opgoedenhoop 205 IS

Mpumalanga~

100%

Zonnebloem (Vuna)**

Remaining Extent of Portion 2 and

Portion 5 of Zonnebloem 396 JS

Mpumalanga~

49%

Hartogshoop***

Remaining Extent of the farm Hartogshoop 410 JS

Mpumalanga~

100%

Woestalleen**

Remaining Extent of the farm Wostalleen 477 JS

Mpumalanga~

100%

Portion 2 of the farm De Groote

100%

Rietpan 479 JS

100%

Remaining Extent and Portion 4 Of the farm Noodhulp 474 JS

100%

Tshikunda

Certain portions of Unsurveyed State Land known as Mutale

Limpopo~

60%

Coal bed methane

Adelaide 91 MT

Limpopo~

50%

Adieu 118 MT

50%

Alicedale 138 MT

50%

Armstice 120 MT

50%

Bergwater 697 MS

50%

Bergwater 712 MS

50%

Blackstone Edge 705 MS

50%

Bushy Rise 702 MS

50%

Chapudi 752 MS

50%

Charlotte 90 MT

50%

Chase 576 MS

50%

Cross 117 MT

50%

Doppie 95 MT

50%

Ettie 33 MT

50%

Fanie 578 MS

50%

Feskraal 85 MT

50%

Folorodwe 79 MT

50%

Fripp 645 MS

50%

Gray 189 MT

50%

Hettey 93 MT

50%

Jeannette 77 MT

50%

Joffre 584 MS

50%

Kalkbult 709 MS

50%

Laura 115 MT

50%

Lukin 643 MS

50%

Magazasand 123 MT

50%

Malapchani 659 MS

50%

Mountainview 706 MS

50%

Mount Stuart 153 MT

50%

Nakab 184 MT

50%

Naus 178 MT

50%

Neltox 92 MT

50%

Phantom 640 MS

50%

Prince's Hill 704 MS

50%

Queensdale 707 MS

50%

Riet 182 MT

50%

Rochdale 700 MS

50%

Rynie 158 MT

50%

Salaita 188 MT

50%

Schuitdrift 179 MT

50%

Septimus 156 MT

50%

Stayt 183 MT

50%

Suzette 32 MT

50%

Tanga 648 MS

50%

Telema 190 MT

50%

Terblanche 155 MT

50%

Trevenna 119 MT

50%

The Duel 186 MT

50%

Truida 76 MT

50%

Van Deventer 641 MS

50%

Wendy 86 MT

50%

Wildgoose 577 MS

50%

Windhoek 649 MS

50%

Zisaan 31 MT

50%

Ziska 122 MT

50%

Portion of Unsurveyed state land

50%